Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (February 2020)
24 slides from Maple Gold Mines's investor presentation, February 2020
Slide 1: Investor Presentation – February 2020
INVESTOR PRESENTATION – FEBRUARY 2020
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: Maple Gold Mines: Investor Checklist
MAPLE GOLD MINES: INVESTOR CHECKLIST PREMIER MINING JURISDICTION Quebec ranked 4th best jurisdiction for mining investment in the world* LARGE ESTABLISHED GOLD RESOURCE 0.422M Indicated ounces & 2.352M Inferred ounces** EXCELLENT INFRASTRUCTURE & EXPLORATION UPSIDE Resource expansion & new discovery
Slide 4: Recent Milestones & Outlook
RECENT MILESTONES & OUTLOOK NEW 3D MODEL ESTABLISHED H1 Established to optimize resources / understanding of variations in geology (including structure) & improve drill targeting 2019 SUCCESS WITH THE DRILL BIT – EXTENDING HIGHER GRADE ZONES Maple Gold drilled higher-than-deposit-average grades in e
Slide 5: $10B in Gold Transactions in the Abitibi (Since 2013)
$10B IN GOLD TRANSACTIONS IN THE ABITIBI (SINCE 2013) PP/OZ Price paid per ounce of reserves and resources DETOUR: Abitibi Greenstone Belt ($/OZ) $4.9B* (2019) MGM: MC/OZ ~$7 CAD LAKESHORE GOLD: OSISKO: $945M (2016) $3.91B** (2014) PP/OZ: $62 PP/OZ: $208 INTEGRA: PROBE: AURIZON: $590M (2017) $526M (
Slide 6: Infrastructure & Nearby Deposits
INFRASTRUCTURE & NEARBY DEPOSITS Douay Gold Project* Indicated: 422,000 @ 1.52 g/t Au Inferred: 2,352,000 @ 1.03 g/t Au 355 km2 Project *Contained gold (open pit + undgeround) from resource estimate at 0.45 g/t (OP) and 1 g/t (UG) cut-off grades (PR Oct 24, 2019) PAGE 6
Slide 7: Established Gold Resource
ESTABLISHED GOLD RESOURCE Pit-Constrained & Underground Mineral Resource Estimate (RPA 2019) Grade Contained Metal Category Tonnage (Mt) (Au g/t) (000 oz Au) Pit Constrained Mineral Resources Indicated 8.6 1.52 422 Inferred 65.8 0.97 2,045 Underground Mineral Resources Inferred 5.4 1.75 307 Total Mi
Slide 8: Sensitivity Analysis - Cutoff Grade
SENSITIVITY ANALYSIS - CUTOFF GRADE Pit-constrained Resources only Pit Indicated Pit Inferred Cut-off Tonnes Grade Metal Content Cut-off Tonnes Grade Metal Content g/t Mt Au (g/t) Au (koz) g/t Mt Au (g/t) Au (koz) 0.25 11.6 1.22 454 0.25 116.5 0.69 2596 0.35 9.9 1.38 438 0.35 86.6 0.83 2311 0.45 8.6
Slide 9: Exploration Potential (In-Pit Stepouts & Gap Areas)
EXPLORATION POTENTIAL (IN-PIT STEPOUTS & GAP AREAS) NW Zone N Nika Zone 400m Central Zone Douay West Zone Main Zone Au g/t Porphyry Zone Z20 Z10 531 Zone Further drilling could expand higher grade areas on edge of current resource, as happened previously for Nika & 531 Zones PAGE 9
Slide 10: RPA 2019 Underground Resource
RPA 2019 UNDERGROUND RESOURCE NW SE NW Zone Douay W. Zone Porphyry Zone 531 Zone Au g/t 300m Follow-up drilling may allow expanding current blocked areas to form part of additional reporting shapes Deeper drilling may allow extending currently known higher grade zones down plunge (black ellipses
Slide 11: Plans Going Forward
PLANS GOING FORWARD Infill and step-out drilling targeting higher-than-deposit-average grades within resource area (particular focus on near-surface starter pit mineralisation) Drilling in gap areas also targeting higher grades Geophysical work to advance exploration targets to the discovery d
Slide 12: 2020 Drill Plan
2020 DRILL PLAN RPA 2019 Pits Starter-pit target areas >0.45 g/t Au intercepts Historical hole collars 2020 proposed collars TSX.V: MGM | OTCQB: MGMLF PAGE 12
Slide 13: Drilling Underway at 531 Zone
DRILLING UNDERWAY AT 531 ZONE S DO-19-262 N P2019-103 Section 709050E Overburden Mineralised Looking West Zones Syenite Micon 2018 Pit 2.55 g/t Au over 28m Historical intercept: 1.47 g/t Au over 18.3m Basalt 2.82 g/t Au over 51m New Mineralised Zone 100m First 2-holes completed – assay pending Hole
Slide 14: Planned New Drilling at 531 – Targeting High-Grade
PLANNED NEW DRILLING AT 531 – TARGETING HIGH-GRADE Main Zone N 300m 531 Zone DO-19-262: 28m @ 2.6 g/t Au 51m @ 2.8 g/t Au RPA 2019 Pits DO-20-270 Higher Grade DO-20-269 >0.45 g/t Au intercepts Historical Collars Planned 2020 collars If initial 2020 drill results are positive, then the two drilling g
Slide 15: Example Starter Pit Drill Target
EXAMPLE STARTER PIT DRILL TARGET S N DO-19-256 P2020 1.00 g/t Au over 11.0m Basalt 1.57 g/t Au over 16.0m Mineralised Zone Micon 2018 Pit Carbonatite 100m Syenite Additional drill-rig expected to site in mid/late February to start testing starter pit area targets PAGE 15
Slide 16: Potential Starter Pit Areas – Drill Highlights
POTENTIAL STARTER PIT AREAS – DRILL HIGHLIGHTS Hole CE Rounded From To Interval Au g/t g/t*m 84631 704200 62.8 92.5 29.7 1.96 58.13 DO-95-06 704300 76.3 101.0 24.7 2.55 62.99 D-123 704300 143.0 154.0 11.0 3.08 33.88 D-124 704300 113.0 125.0 12.0 3.60 43.20 D-110 704400 36.0 60.0 24.0 2.47 59.28 DO-1
Slide 17: 2020 Exploration Plan (IP)
2020 EXPLORATION PLAN (IP) 2020 infill lines P2020-023 N P2020-022 1km Litho-tectonic Interval for Vezza-type 2020 test lines targets Main Zone 531 Zone Vezza is a ~0.4Moz structurally-controlled, sediment-hosted higher grade (~6 g/t Au) gold deposit characterised by weak disseminated sulphides and
Slide 18: Capitalization
Capitalization Share Ownership Shares Outstanding 239,186,954 Warrants 31,034,150 5% Management/Insiders 10% & Closely Related Options 13,559,166 Quebec Fund & 12% Institutional Fully Diluted 283,780,270 Other Fund & Institutional ~31M ($0.40) tradable warrants MGM.WT (expiry June 2022) Average
Slide 19: Drill-Core Database
DRILL-CORE DATABASE 250,000+ METRES OF DRILLING TO-DATE WITH DRILL-CORE WELL ARCHIVED AT SITE ~$60M CAD OF DRILLING IN TODAY’S DOLLARS [MAPLE GOLD CURRENT MARKET CAP: ~$20M CAD] “Having a drill-core library of this magnitude is an incredible asset to have as an exploration team. Our drill-core datab
Slide 20: Key Takeaways & Outlook
KEY TAKEAWAYS & OUTLOOK ADVANCING A LARGE ESTABLISHED GOLD RESOURCE WITH EXCELLENT INFRASTRUCTURE IN A WORLD CLASS JURISDICTION ATTRACTIVE VALUATION WITH SIGNIFICANT LEVERAGE TO A RISING GOLD PRICE EXPERIENCED MANAGEMENT/TECHNICAL TEAM & BOARD (including ex Ivanhoe Mines / First Quantum) NEW
Slide 21: Appendix Slides: Highest-Grade Intercept Discovered To-Date
APPENDIX SLIDES HIGHEST-GRADE INTERCEPT DISCOVERED TO-DATE Central Porphyry Zone, DO-05-04: 2,888 g/t Au over 1.5m Abundant delicate visible gold associated with highly altered, siliceous brecciated syenite, a few meters above contact with carbonate-hematite altered basalt (2005 drilling). Several a
Slide 22: Management Bios
MANAGEMENT BIOS MATTHEW HORNOR, PRESIDENT & CEO, DIRECTOR Served as the VP & Executive VP for Ivanhoe Mines Ltd. for 10+ years where he structured strategic partnerships and directly negotiated project/equity financings for more than $450M. Mr. Hornor also served as Managing Director for Ivanhoe Cap
Slide 23: Directors/Advisors
DIRECTORS/ADVISORS MATTHEW HORNOR, PRESIDENT & CEO, DIRECTOR Served as the VP & Executive VP for Ivanhoe Mines Ltd. for 10+ years where he structured strategic partnerships and directly negotiated project/equity financings for more than $450M. MAURICE TAGAMI, DIRECTOR (& tech committee) Maurice has
Slide 24: Q © Q oO © a iN t £ ry SUITE +1 (416) 306.8141
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