Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (November 2017)
28 slides from Maple Gold Mines's investor presentation, November 2017
Slide 1: Investor Presentation – November 2017
INVESTOR PRESENTATION – NOVEMBER 2017
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: Investment Highlights
INVESTMENT HIGHLIGHTS TOP TIER GOLD MINING JURISDICTION ESTABLISHED GOLD RESOURCE & INFRASTRUCTURE SIGNIFICANT EXPLORATION UPSIDE RIGHT MANAGEMENT TEAM TO EXECUTE & BUILD VALUE PAGE 3 | 20
Slide 4: Project Location
PROJECT LOCATION CANADA: One of the MOST STABLE COUNTRIES IN THE WORLD for mining investment QUEBEC: Ranked the 6th BEST MINING JURISDICTION IN THE WORLD* ABITIBI GREENSTONE BELT: ~200M OUNCES OF GOLD PRODUCED to-date & more than $7,000,000,000 IN M&A over the last 5 years *Fraser Institute 2017 PAG
Slide 5: $7B in Recent Gold Transactions in the Abitibi
$7B IN RECENT GOLD TRANSACTIONS IN THE ABITIBI OSISKO: $3.91B (2014) LAKESHORE GOLD: AURIZON: $945M (2016) $796M (2013) INTEGRA: PROBE: IAMGOLD: $590M (2017) $526M (2015) $236M* (2017) *Sumitomo USD$195M purchase for 30% of the Cote Project (FX used: $1 USD = $1.21 CAD) All amounts in Canadian dolla
Slide 6: Global Average Grade for 1M+ Oz Gold Deposits
GLOBAL AVERAGE GRADE FOR 1M+ OZ GOLD DEPOSITS Global Gold Grade Average: Source: Visual Capitalist: Global Gold Mines and Deposit Ranking 2012 PAGE 6 | 20
Slide 7: Douay Project History
DOUAY PROJECT HISTORY VIOR VIOR MAPLE GOLD 354 DDH (99,800m) discovery of 102 DDH (30,100m) discovery New team of industry experts. the “Douay West Zone” of the “Porphyry Zone” New resource expansion & Douay West PEA completed Douay West Open Pit discovery targets. [357kt @ 7.2 g/t Au] Feasibility C
Slide 8: 370 km² Project with Excellent Infrastructure
370 KM² PROJECT WITH EXCELLENT INFRASTRUCTURE PAGE 8 | 20
Slide 9: Established Resource in Top Tier Jurisdiction
ESTABLISHED RESOURCE IN TOP TIER JURISDICTION Inferred Mineral Resource Estimate (Micon 2017) GOLD CUT-OFF GRADE GOLD GRADE TONNES METAL (G/T AU) (G/T) PIT-CONSTRAINED (OUNCES) INFERRED MINERAL 1.0 27,519,000 1.79 1,585,000 RESOURCE ESTIMATE* 0.7 49,700,000 1.36 2,177,000 0.5 83,327,000 1.05 2,813,0
Slide 10: Resource Zones at Douay Gold Project
RESOURCE ZONES AT DOUAY GOLD PROJECT Only Zone subject to 1% NSR *Inferred resource estimate at a 0.5 g/t Au cut-off grade. 43-101 Mineral Resource Report was filed on SEDAR as of April 11, 2017 *Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estima
Slide 11: EV/Oz Peer Analysis
EV/OZ PEER ANALYSIS Enterprise Value Per Resource Ounce (M&I + I)* COTE PROJECT (IAMGOLD)** $109 PROBE METALS $103 AURYN $58 COMPANY/PROJECT NIGHTHAWK $54 MARATHON GOLD $45 EASTMAIN RESOURCES $25 MAPLE GOLD $13 $0 $20 $40 $60 $80 $100 $120 EV/OZ in $USD Sources: Gurufocus, Yahoo Finance, Company web
Slide 12: Share Structure & Key Holders
SHARE STRUCTURE & KEY HOLDERS Capitalization Share Ownership* MANAGEMENT & INSIDERS 8% Shares Outstanding 181,871,414 CLOSELY RELATED HNW 23% Warrants* 75,148,217 FUND & INSTITUTIONAL 18% Options 16,335,000 RETAIL 46% Fully Diluted 273,354,631 CDP & SIDEX 3% *Warrant breakdown as of Nov 1, 2017 VIOR
Slide 13: Maple Gold Share Chart Year-to-Date
MAPLE GOLD SHARE CHART YEAR-TO-DATE RESOURCE EXPANSION & NEW NEW VP EX DISCOVERY NEW CORP DRILLING NAME NEW BOD NEW TECH NEW CFO & COMM CHAIRMAN $45M MC NEW CEO 130M SHARES TRADED SINCE JAN 1 PAGE 13 | 20
Slide 14: New Management, Technical Team & Board
NEW MANAGEMENT, TECHNICAL TEAM & BOARD An estimated $7B+ in aggregate M&A transactions completed An estimated $3B in total capital raised collectively Award winning team with track record of economic discoveries and significant value creation Dr. David Broughton (left) accepting 2015 Mr. Pierre Lebe
Slide 15: Q4 Exploration
Q4 EXPLORATION Completing selective re-logging of historical drill-core Updating geological model & refining resource expansion targets within 7 km resource area Evaluating potential greenfields target areas within 55 km of strike along the Casa Berardi Deformation Zone David Broughton reviewi
Slide 16: Q1 Winter Drilling
Q1 WINTER DRILLING Maple Gold plans to drill 25,000 – 30,000 metres this winter and publish an updated resource estimate later in the year. (Last resource statement did not include 2017 spring drilling (~24,000 metres) PAGE 16 | 20
Slide 17: Preliminary Target Areas
PRELIMINARY TARGET AREAS Please refer to the Company’s Technical Presentation at www.maplegoldmines.com for more details on the Project and the Company’s go-forward exploration plans. PAGE 17 | 20
Slide 18: Project/Program Summary
PROJECT/PROGRAM SUMMARY Abitibi Greenstone Belt 2.8M OZ GOLD RESOURCE WITH SIGNIFICANT EXPANSION POTENTIAL REFINING INFILL & STEP-OUT EXTENSION TARGETS (Q4) 370 KM² PROJECT WITH 55 KM OF STRIKE ALONG THE CASA BERARDI BREAK DEFINING PROPERTY-WIDE GREENFIELDS DISCOVERY TARGETS (Q4) DRILLING TO FOL
Slide 19: Investment Highlights
INVESTMENT HIGHLIGHTS TOP TIER GOLD MINING JURISDICTION ESTABLISHED GOLD RESOURCE & INFRASTRUCTURE SIGNIFICANT EXPLORATION UPSIDE RIGHT MANAGEMENT TEAM TO EXECUTE & BUILD VALUE PAGE 19 | 20
Slide 20: Contact
SUITE 701 O: +1(416) 682.2674 1 RICHMOND STREET WEST =: +1(416) 306.8141 TORONTO, ONTARIO MSH 3W4 CANADA INFO@MAPLEGOLDMINES.COM MAPLEGOLDMINES.COM oe y WAS RANA AN ‘\ & MAPLE MAPLEGOLDMINES.COM
Slide 21: Appendix Slides
APPENDIX SLIDES APPENDIX
Slide 22: Management
MANAGEMENT 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. GREGG ORR, CFO Chartered Professional Accountant with extensive
Slide 23: Technical Advisory Committee
TECHNICAL ADVISORY COMMITTEE DAVID BROUGHTON, CO-CHAIR OF COMMITTEE & DIRECTOR Executive Vice-President Exploration with Ivanplats Ltd (now Ivanhoe Mines) from January 2008 through October 2016. Thayer Lindsley Award winning geologist with experience in the Casa Berardi and Joutel areas of the Abiti
Slide 24: Board of Directors
BOARD OF DIRECTORS JAY CHMELAUSKAS, CHAIRMAN AKIKO LEVINSON, DIRECTOR Former President & CEO of Western Lithium USA Corp. and 20 years’ experience in mining finance. Currently prior to that CEO of Jinshan Gold Mines Inc., where he led President & CEO of Irving Resources and Director of Novo the deve
Slide 25: Drill Highlights from Previous Campaigns
DRILL HIGHLIGHTS FROM PREVIOUS CAMPAIGNS DDH# Location Gold Intercept Accumulation (Year Grade (m) (g/t Au x m) drilled) (g/t) D-107 (2005) 2.99 46.5 143.2 DO-95-13 (1995) 9.27 21.4 198.4 84637 (1990) Douay West 21.18 10.5 222.0 84662 (1990) 4.23 33.9 143.4 DO-95-03 (1995) 3.51 59.0 207.2 40688 (198
Slide 26: Project Ownership Map
PROJECT OWNERSHP MAP Cambior (IAMGOLD) APPENDIX
Slide 27: EV/Oz Comp Table
EV/OZ COMP TABLE Company Name Cut-off Au g/t Inferred Indicated Measured EV/Oz (CAD) EV/Oz (USD) Maple Gold 0.5 2,813,000.00 - - $ 16.53 $ 13.34 Nighthawk 1 1,835,000.00 - - $ 68.12 $ 53.81 Marathon Gold 0.4 766,500.00 1,052,700.00 335,500.00 $ 57.55 $ 45.46 Auryn 2 1,652,000.00 649,000.00 - $ 73.45
Slide 28: Preliminary Metallurgical Results
PRELIMINARY METALLURGICAL RESULTS • Ten sample composites totaling 311 kilograms from the principal gold zones at Douay (Northwest, Douay West, Main Porphyry, 10, 20, 531 and Main) • 92% average gold recovery from gravity and flotation • The initial testing produced positive metallurgical response,
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