Aurelius Minerals Inc. · OTC:AURQF
Aurelius Minerals — Investor Presentation (November 2022)
29 slides from Aurelius Minerals's investor presentation, November 2022
Slide 1: Advancing Nova Scotia's Emerging Gold District
TSXV AUL OTCQB AURQF @Aurelius_AUL_ca Advancing Nova Scotia’s Emerging Gold District Corporate Presentation November 2022 Mark NJ Ashcroft, P.Eng, President & CEO
Slide 2: Cautionary Statement
Cautionary Statement This Presentation includes and is based information and statements, other than statements of historical fact, which are “forward-looking information” within the meaning of applicable securities laws that could cause actual results to differ. Aurelius Minerals (the “Company”) pro
Slide 3: Investment Highlights – an Emerging Gold camp
Investment Highlights – an Emerging Gold camp Canadian Exploration Story : Growing Resource, Existing Infrastructure, Mining Friendly Jurisdiction ⮚ Strong asset base in mining and exploration friendly Nova Scotia; seasoned management team with track record of success ⮚ Four distinct high grade gold
Slide 4: Aurelius Minerals: Profile
Aurelius Minerals: Profile ⮚ Nova Scotia focussed gold exploration company Aureus East(1), Aureus West(2), Forest Hill(3) & Tangier(4) ⮚ Excellent results applying new exploration methodologies Combined NI 43-101 Resource Table and interpretations to geological model Categories Tonnage Au Grade Gold
Slide 5: Aureus East Exploration Approach = Success Story
Aureus East Exploration Approach = Success Story ⮚ We identified strong growth opportunities at underexplored project ⮚ Developed a plan to test our exploration concepts ⮚ Utilize existing u/g openings to get closer to the zones ⮚ Drill and channel sample ⮚ Operated a second rig from surface to expl
Slide 6: Aureus Gold – Extensive, Regional Mineralization System
Aureus Gold – Extensive, Regional Mineralization System ⮚ Aureus East and West offset by regional Harrigan Cove Fault (~1km) ⮚ ~10 km of observed mineralized strike ⮚ Aureus East drilling confirms high grade nature of gold system ⮚ Aureus West mineralization demonstrates near surface, open pit targe
Slide 7: Aureus East: Flagship to Drive Near Term Value Creation
Aureus East: Flagship to Drive Near Term Value Creation ⮚ Advanced gold project in Nova Scotia with robust, constrained, NI 43-101 Resource ⮚ 162,700 oz Indicated ⮚ 387,600 oz Inferred ⮚ High grade underground and open pit opportunities ⮚ Access, utilities & infrastructure in place ⮚ Deposit open at
Slide 8: New Geological Approach & Interpretation has Unlocked Significant Potential
New Geological Approach & Interpretation has Unlocked Significant Potential ⮚ Saddle Reef Gold deposit ⮚ Mineralization occurs in layered & repeating horizons along extensive strike lengths, open at depth and laterally ⮚ 57 new gold zones discovered on Aureus East in two phases of drilling ⮚ Fine gr
Slide 9: Aureus East – Exploration Indicates Upside and Optionality
Aureus East – Exploration Indicates Upside and Optionality ⮚ Successful exploration results: ⮚ 100% hit rate in 49+ holes ⮚ Nearly 21,000m in drilling ⮚ Rigorous sampling found gold which was left in core boxes and in mine workings ⮚ Gold found within 0.5m of existing U/G infrastructure ⮚ Channel sa
Slide 10: 2020 Exploration Results – Deeper, Wider, Bigger
2020 Exploration Results – Deeper, Wider, Bigger ⮚ U/G Pad 1: Multiple HG Au Zones intersected ⮚ Tripled depth of Au mineralization ⮚ Discovered new zones ⮚ Pushed Harrigan Cove Fault 50m to the west ⮚ AE-20-003: ⮚ 4.5m @ 6.8gpt Au from 30.7m; ⮚ 5.8m@ 7.4gpt Au from 216m; ⮚ Hit gold at ~900m below s
Slide 11: H1 2021 Exploration Results – Grasping Real Potential
H1 2021 Exploration Results – Grasping Real Potential ⮚ Zone 9 & 10 discovered and expanded ; Structural geometry clearer; 30 New Au Zones intersected ⮚ AE-20-004: ⮚ 1.6m @ 109.5gpt Au from 63m depth; ⮚ 16.5m @ 8.1gpt Au from 181.3m depth ⮚ AE-20-005: ⮚ 9.6m @ 14gpt Au from 67.9m depth, Incl. 2.1m @
Slide 12: High Grade Exploration Results – Outlining Path to Production
High Grade Exploration Results – Outlining Path to Production ⮚ A highlight of intersections exceeding >20gpt in last six holes of Phase 2 program 12
Slide 13: Channel Sampling – Identified high grade gold left behind
Channel Sampling – Identified high grade gold not encountered by historical drilling & left behind during Bulk Sample 944L Channels: • 042, grading 365.0 g/t Au over 2.0m, • Including 1,425 g/t Au over 0.5m • 023, grading 168.0 g/t Au over 1.5m, • Including 501.0 g/t Au over 0.5m; • 002, grading 39.
Slide 14: Aurelius East Maiden Mineral Resource Estimate
Aurelius East Maiden Mineral Resource Estimate Aureus East(1) Gold Project NI 43-101 Resource Table May 2022 Resource Category Indicated Inferred Tonnes (t) Au Grade Ounces Tonnes (t) Au Grade Ounces (‘000s) (g/t) (‘000s) (g/t) Total Open Pit 654 3.71 78,000 2,557 1.79 147,200 Underground 332 7.94 8
Slide 15: Aureus East – MRE: Cut-off grade parameters for a constrained resource
Aureus East – MRE: Cut-off grade parameters for a constrained resource Open Pit Resources: Cut-off Grade Underground Resources: Cut-off Grade Parameters Unit Value Parameters Unit Value Gold Price US$/oz 1700 Gold Price US$/oz 1700 Exchange Rate USD/CAD 0.75 Exchange Rate USD/CAD 0.75 Mill Recovery
Slide 16: Aureus East Plan View 2022 MRE Pit Shell
Aureus East Plan View 2022 MRE Pit Shell N 16
Slide 17: 2022 MRE Pit Shell - long section – deposit open to the East
2022 MRE Pit Shell - long section – deposit open to the East West East 1,300m strike length Aurelius Phase 1 & 2 Drilling Focus 17
Slide 18: Aureus East – continued opportunity
Aureus East – continued opportunity New resource reveals significant opportunity for growth Top 250m has minimal drilling in limbs Sample existing historical holes to the east High grade zones to be expanded Drill north and south limbs Most of the trend has no drilling at depth Follow
Slide 19: Upcoming Exploration Activities
Upcoming Exploration Activities ⮚ Sample and assay nearly 11,000m of core that was left untouched by prior operators ⮚ “Modular” exploration program planned (up to 270 holes) for infill and discovery drilling around Aureus East mineralization ⮚ Focus on a 500m x 500m envelope to enhance updated reso
Slide 20: Commitment to ESG Best Practices
Commitment to ESG Best Practices ⮚ Aurelius Minerals is committed to sustainable resource development by minimizing the impact of its activities on the environment and building positive legacies in its interactions with all stakeholders. We believe this approach is conducive and aligned with maximiz
Slide 21: Equity Structure and Capitalization
Equity Structure and Capitalization AURELIUS OWNERSHIP • CAPITALIZATION AND BALANCE SHEET (C$) Share Price $0.075 Friends and Family Basic Shares Outstanding 49.79M ~25% Options Outstanding 2.74M Other Warrants Outstanding 11.79M ~40% Fully Diluted 59.18M Basic Market Capitalization $4.0M *Working C
Slide 22: Advancing Nova Scotia's Emerging Gold District
TSXV AUL OTCQB AURQF Advancing Nova Scotia’s Emerging Gold District Please contact: Mobile: +1 (416) 666-7025 Office: +1 (416) 304-9095 Mark NJ Ashcroft, P. Eng., mark@aureliusminerals.com President and CEO www.aureliusminerals.com @MarkNJAshcroft @Aurelius_AUL_ca
Slide 23: Appendix
* a cae AURELIUS MINERALS Appendix
Slide 24: Management with extensive industry experience
Management with extensive industry experience Mark Ashcroft, P.Eng Jeremy K. Niemi, P.Geo Germaine Coombs, CPA, CMA President & Chief Executive Officer VP, Exploration Chief Financial Officer, VP, Finance • Mining Engineer with 30+ years of experience in the global • Geologist with 25+ years of prog
Slide 25: Acquisition of Aureus Gold
Acquisition of Aureus Gold Terms of transaction Aurelius acquired the Aureus Gold Properties in consideration for the Deferred Payments, payable as follows: a) US$2,500,000 within 90 days of filing a National Instrument 43-101 technical report in respect of all or part of the Aureus Gold Properties
Slide 26: Aureus West - Extensive Gold Mineralization
Aureus West - Extensive Gold Mineralization ⮚ Grade shells demonstrate and extensive gold system ⮚ Strike length of 1,600m ⮚ Extending to over 500m depth ⮚ Over 100m wide, ⮚ Open in all directions, within a six- kilometre mineralized trend 26
Slide 27: Aureus West: 4,600m Phase 1 Drilling Success
Aureus West: 4,600m Phase 1 Drilling Success Open pit target with potential for significant resource expansion ⮚ Confirmed extensive, near surface mineralization over broad intervals, including the presence of high-grade veins ⮚ Confirmed the presence of previously unknown mineralization in sediment
Slide 28: Forest Hill & Tangier – Future Sources of Value Creation
Forest Hill & Tangier – Future Sources of Value Creation Forest Hill Tangier Resources ⮚ Excellent Exploration ⮚ An unloved, underexplored • FOREST HILL Potential with High Grade past producer Category Tonnage Grade Contained Au Resource ⮚ Proximity to Infrastructure Indicated 322,000 7.1 73,000 ⮚ C
Slide 29: Aureus East: Extensive Infrastructure Endowment
Aureus East: Extensive Infrastructure Endowment ⮚ Multiple infrastructure components already in place – awaiting resource definition and technical work to advance project towards production 300tpd Mill Surface maintenance workshop Flotation circuit Ball Mill Gravity table U/G Ramp portal
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