Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (May 2022)
24 slides from Maple Gold Mines's investor presentation, May 2022
Slide 1: Corporate Presentation May 2022
CORPORATE PRESENTATION MAY 2022
Slide 2: Disclaimer
DISCLAIMER Cautionary Notes Regarding Forward-Looking Statements This Corporate Presentation (“Presentation”) includes “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legisl
Slide 3: Finding Gold in the Shadow of Headframes
FINDING GOLD IN THE SHADOW OF HEADFRAMES Blueprint for Maple Gold’s success: 1. LOCATION, LOCATION, LOCATION 2. ESTABLISHED AND GROWING RESOURCE 3. HIGH-GRADE PAST-PRODUCING MINE 4. CAPITAL TO EXECUTE 5. EXPERIENCED TEAM / STRATEGIC PARTNER MAPLE GOLD MINES is a well-capitalized gold explo
Slide 4: The Canadian Hub for Gold Mining
THE CANADIAN HUB FOR GOLD MINING The Abitibi gold belt stretches from Wawa, Ontario to Chibougamau, Quebec – two of Canada’s top mining jurisdictions and a hotbed for M&A activity The region has produced over C$26B in M&A activity since 2013 Highlighted by 2022’s C$13.5B merger between: MAPLE GOLD “
Slide 5: Strategically Located Land Position
STRATEGICALLY LOCATED LAND POSITION Blue ellipses highlight key synergies between Agnico and Kirkland Lake assets/operations Gold ellipse is Maple Gold’s Douay-Joutel- Eagle 400 km² property package Established and growing 3.03 Moz gold resource at Douay (50/50) High-grade historic gold mine
Slide 6: District-Scale Mineralization Footprint
DISTRICT-SCALE MINERALIZATION FOOTPRINT Similar mineralization footprint to the two largest mines in the Abitibi Douay remains underexplored vs. Canadian Malartic and Detour Lake 55km of strike along the Casa Berardi Deformation Zone Significant exploration upside Disclaimer: Mineralization
Slide 7: Strong Partnership with Agnico Eagle
STRONG PARTNERSHIP WITH AGNICO EAGLE CANADA’S LEADING GOLD PRODUCER & 3rd LARGEST GOLD PRODUCER WORLDWIDE. Takes extremely conservative and measured approach to investments and asset acquisition. 50-50 JV Agreement signed February 2021: Agnico funding C$18.25M in exploration over 4 years (2021
Slide 8: Exceptional Infrastructure Access
EXCEPTIONAL INFRASTRUCTURE ACCESS 2.5-hour drive north of Val d’Or, Quebec along paved 2-lane provincial highway (Hwy #109), which runs through the property Next to 1 of 6 major power lines in the province 55 km SW of Matagami with skilled labour, local airport and rail access Douay covers ~
Slide 9: Douay Gold Project – Overview
DOUAY GOLD PROJECT – OVERVIEW DOUAY GOLD PROJECT (50%) One of the Largest Undeveloped Gold Resources in Quebec Indicated: 10.0 Mt @ 1.59 g/t Au for 511 Koz Au Inferred: 76.7 Mt @ 1.02 g/t Au for 2.53 Moz Au Major resource expansion and new discovery potential across 357 km2 property package - virtua
Slide 10: Douay 2022 Mineral Resource Estimate
DOUAY 2022 MINERAL RESOURCE ESTIMATE Pit-Constrained & Underground Mineral Resource Estimate (SLR 2022) 21% increase in OP Indicated Resource to 511,000 oz at an average grade of 1.59 g/t Au Tonnes Grade Contained Metal Resource Category (Mt) (g/t Au) (000 oz Au) Slight increase in OP Inferred R
Slide 11: Conceptual Open Pit Mine Plan
CONCEPTUAL OPEN PIT MINE PLAN Targeted infill drilling 531 Zone Maiden Indicated Resource: demonstrates the potential for 58,000 oz @ 2.85 g/t Au future resource conversion and continues to de-risk the Douay deposit Nika Zone Maiden Indicated Resource: 30,000 oz @ 1.13 g/t Au ~7,000 m of additio
Slide 12: Winter 2022 JV Drilling at Douay
WINTER 2022 JV DRILLING AT DOUAY PAGE 12
Slide 13: Expansion Potential at Depth
EXPANSION POTENTIAL AT DEPTH The Douay-Joutel JV is based on the Canadian Malartic JV Partnership Canadian Malartic is now Canada’s largest gold mine 1.9 Moz 6.4 Moz NW-SE vertical longitudinal section (all zones) showing distribution of below-pit-shell underground blocks >1.15 g/t Au cut-off. Other
Slide 14: Agnico Eagle's 1st Gold Mine: Joutel Mine Complex (1974-1993)
AGNICO EAGLE’S 1ST GOLD MINE: JOUTEL MINE COMPLEX (1974-1993) Joutel Mine Site Entrance Telbel Headframe Eagle Mine Mill Complex Note: Historical photos. All surface infrastructure has been reclaimed. PAGE 14
Slide 15: History of the Joutel Mine Complex
HISTORY OF THE JOUTEL MINE COMPLEX USD Gold Price Chart with Key Events MGM commences Phase I $2,250 drill program at Eagle MGM-AEM complete 50/50 JV on Douay/Joutel Gold Projects $2,000 Globex drills 12.4 m @ 2.9 g/t Au, including 4.8 m @ 5.4 ??? g/t Au (EM-14-001) at Eagle $1,750 $1,500 AEM drills
Slide 16: Joutel/Eagle: A Historic Mine Trend with High-Grade Upside
JOUTEL/EAGLE: A HISTORIC MINE TREND WITH HIGH-GRADE UPSIDE Former Eagle Mine Operation JOUTEL PROJECT JOUTEL (50%), GOLD EAGLE PROJECT PROJECT (50%) (100%) Hosts Agnico’s former Joutel Mining Complex Past production of 6.2 Mt at 6.5 g/t Au for total of 1.1 Moz gold* Mined from 1974 to 1993 (closed w
Slide 17: Targeting High-Grade Mineralization at Eagle
TARGETING HIGH-GRADE MINERALIZATION AT EAGLE Former Eagle Mine Operation Oblique view of modeled mine trend at Eagle Blue pierce points correspond to completed drill holes from the Phase I drill program Target pierce points for Phase II (underway) also shown (black) Maple Gold is planning th
Slide 18: Eagle-Telbel Long Section Shows Significant Drilling Gaps
EAGLE-TELBEL LONG SECTION SHOWS SIGNIFICANT DRILLING GAPS A High-Grade Restart Opportunity with Excellent Near-Mine Expansion Potential PAGE 18
Slide 19: The Maple Gold Value Stack
THE MAPLE GOLD VALUE STACK C$21.9M IN CASH (AS OF DECEMBER 31, 2021) C$21M IN POTENTIAL WARRANT PROCEEDS C$14M IN REMAINING JOINT VENTURE FUNDING FROM AGNICO EAGLE (2022-2024) C$87M C$40M IN BUY BACK PROVISIONS TIED TO MAPLE GOLD’S 2% NSR AT DOUAY C$150M IN DRILLING REPLACEMENT COSTS (250,
Slide 20: Capital Structure, Financial Position and Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION AND OWNERSHIP As of May 3, 2022 Share Ownership Mix Shares Outstanding 335.4M 2.7% Warrants (~45% Agnico)1 56.9M 12.1% Options2 25.9M Management/Insiders/Closely Related Fully Diluted3 424.7M 44.2% Agnico Eagle Mines 52-week high/low share price $0.49-$0.24 Mark
Slide 21: Recent Milestones & Upcoming Catalysts
RECENT MILESTONES & UPCOMING CATALYSTS MGM Px/Vol $0.60 12.0 1 Signed Definitive JV Agreement with Agnico Eagle 2 Initial JV drill program returned 3 of top 5 intercepts $0.50 10.0 ever reported at Douay $0.40 8.0 3 Acquired 100% Option on Eagle Mine Property 3 Major digitization and 3D mod
Slide 22: Key Management/Board/Advisors
KEY MANAGEMENT/BOARD/ADVISORS $15B Matthew Hornor President & CEO Joness Lang Executive VP Kiran Patankar SVP Growth Strategy Fred Speidel VP Exploration $30B $5B $30B Michelle Roth Gérald Riverin Maurice Tagami David Broughton Chairperson/Director Director/Tech Advisor Director/Tech Advisor Technic
Slide 23: Success Factors Driving Future Value Creation
SUCCESS FACTORS DRIVING FUTURE VALUE CREATION Established/Growing Gold Led by experienced mining, Strong Strategic and Located in Quebec’s Prolific Strategic & JV Partnership Robust Balance Sheet Resource and High-Grade exploration, and capital Institutional Shareholders Abitibi Greenstone Belt with
Slide 24: Contact Information
CONTACT INFORMATION SUITE 600 1111 WEST HASTINGS STREET VANCOUVER, BC V6E 2J3 CANADA PHONE: +1 (647) 265.8688 EMAIL: INFO@MAPLEGOLDMINES.COM Douay headframe at night – October 2021