Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (January 2023)
24 slides from Maple Gold Mines's investor presentation, January 2023
Slide 1: Corporate Presentation January 2023
CORPORATE PRESENTATION JANUARY 2023
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: Corporate Vision
CORPORATE VISION “Maple Gold is striving to become one of the best gold exploration names to own in Canada. We have a large established gold resource together with a past producing mine trend in a premier mining jurisdiction, a strong balance sheet, an exceptional team and a world-class strategic pa
Slide 4: Worldwide Gold Production – Peak Supply?
WORLDWIDE GOLD PRODUCTION – PEAK SUPPLY? • Steady decline in global gold reserves • Increased challenges globally permitting and developing mining projects • Major gold companies have focused on M&A instead of new exploration spending Large undeveloped gold projects in stable mining jurisdictions ar
Slide 5: New Major Gold Discoveries to Meet Demand?
NEW MAJOR GOLD DISCOVERIES TO MEET DEMAND? 70% drop in major gold discoveries compared to the previous decade. Maple Gold is uniquely positioned with >3 Moz Au and is targeting new major discoveries at Douay & Joutel PAGE 5
Slide 6: Why Own Maple Gold?
WHY OWN MAPLE GOLD? 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 a Top Tier Gold Producer
Slide 7: Recent Gold M&A Activity in the Prolific Abitibi Greenstone Belt
RECENT GOLD M&A ACTIVITY IN THE PROLIFIC ABITIBI GREENSTONE BELT The Abitibi region has produced >$25B in M&A activity within the last decade 2022: C$13.5B Agnico Eagle / Kirkland Lake merger transaction completed 2022: Agnico announces consolidation of Canadian Malartic for C$1B PAGE 7
Slide 8: Strategically Located 400 km² Land Package
STRATEGICALLY LOCATED 400 KM² LAND PACKAGE Maple Gold’s property package is strategically located in Agnico Eagle’s “backyard” and includes: • Established and growing 3.03 Moz gold resource at Douay (MGM 50% / AEM 50%) • Historic gold mine complex that produced over 1.1 Moz at an average grade of 6.
Slide 9: 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 10: Local Geology & Regional Structures: Target Rich Environment
LOCAL GEOLOGY & REGIONAL STRUCTURES: TARGET RICH ENVIRONMENT Target Stage Resource Discovery Conceptual Indications of multiple mineralization styles (intrusive-related, orogenic gold, sediment-hosted, VMS) within the >400 km2 land package point to the potential for a world-class gold system PAGE 10
Slide 11: Douay Conceptual Open Pit Mine Plan (2022 MRE)
DOUAY CONCEPTUAL OPEN PIT MINE PLAN (2022 MRE) One of Quebec’s Largest Undeveloped Gold Resources 21% conversion from Inferred to Indicated based on only Indicated: 6% of total metres drilled (SLR 2022) 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 • The 2022 M
Slide 12: Douay Untested Resource Expansion Potential at Depth
DOUAY UNTESTED RESOURCE 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 Canadian M
Slide 13: Deep Drilling Campaign Now Underway at Douay
DEEP DRILLING CAMPAIGN NOW UNDERWAY AT DOUAY (10,000 - 12,000 M) Douay NW-SE vertical longitudinal section (all zones) showing location of proposed deep drill holes relative to existing drilling and SLR 2022 mineral resources and conceptual pits PAGE 13
Slide 14: Deep Drilling at Douay – Example Cross-Section
DEEP DRILLING AT DOUAY – EXAMPLE CROSS-SECTION SSW NNE 531 Zone Drill testing beneath 531 DO-22-331 Main Zone Zone across to Main Zone; target is ~1km wide corridor straddling Casa Berardi North Fault (CBNF). DO-19-262X DO-21-310 28m of 2.6 g/t Au 28.8m of 8.8 g/t Au DO-22-331 tests the open & 51m o
Slide 15: 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 15
Slide 16: History of the Joutel (Eagle-Telbel) Mine Complex
HISTORY OF THE JOUTEL (EAGLE-TELBEL) MINE COMPLEX USD Gold Price Chart with Key Events MGM commences 2022 $2,250 Eagle drilling MGM-AEM complete 50/50 JV on Douay/Joutel Gold Projects MGM $2,000 Globex drills 12.4 m @ 2.9 g/t commences Au, including 4.8 m @ 5.4 g/t ???Phase II drill Au (EM-14-001) a
Slide 17: 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 17
Slide 18: Recent Results at Eagle Highlight Potential to Rapidly Add High-Grade Ounces
RECENT RESULTS AT EAGLE HIGHLIGHT POTENTIAL TO RAPIDLY ADD HIGH-GRADE OUNCES A A’ PAGE 18
Slide 19: 100%-Controlled Eagle Mine: Drilling Highlights To-Date
100%-CONTROLLED EAGLE-MINE: DRILLING HIGHLIGHTS TO-DATE B B’ A total of ~14,500 m was drilled across 30 holes during 2022 •EM-22-005: 4.0 g/t Au over 7.5 m, including 6.4 g/t Au over 3.0 m •EM-22-009: 11.4 g/t Au over 3 m, including 24.4 g/t Au over 1 m •EM-22-013: 2.3 g/t Au over 10.4 m, including
Slide 20: JV Now Drilling Along Strike and Down-Plunge from Historic Telbel Mine
JV NOW DRILLING ALONG STRIKE AND DOWN-PLUNGE FROM HISTORIC TELBEL MINE Phase I 6,000 m deep drilling program underway at Telbel (nearing completion – assay results Q1 and Q2/2023) Drilling from N-S and S-N to cut through all horizons and stratigraphy on the way to targeted pierce points at depth
Slide 21: Experienced Management & Board/Advisors
EXPERIENCED MANAGEMENT & BOARD/ADVISORS $10B Matthew Hornor Kiran Patankar Joness Lang Fred Speidel Wilma Lee President & CEO CFO Executive VP VP Exploration VP Corp Secretary & Compliance $17B $5B $20B Michelle Roth Gérald Riverin Maurice Tagami Sean Charland David Broughton Chairperson/Director Di
Slide 22: Capital Structure, Financial Position and Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION AND OWNERSHIP Capital Structure (As of January 27, 2023) Share Ownership Mix Shares Outstanding 337.9M 2.7% Warrants (100% Agnico)1 25.8M 12.1% Options2 22.8M Management/Insiders/Closely Related Fully Diluted3 391.5M 44.2% Agnico Eagle Mines 52-week high/low sha
Slide 23: Summary & Future Growth Catalysts – 2023 Will Be an Exciting Year!
SUMMARY & FUTURE GROWTH CATALYSTS – 2023 WILL BE AN EXCITING YEAR! - An established 3 Moz Au resource together and a high-grade past producing mine trend within one target-rich 400 km² district scale property package Strong balance sheet, exceptional management team and a strategic partnership w
Slide 24: Contact Information
CONTACT INFORMATION MAPLE GOLD MINES LTD. 1111 WEST HASTINGS STREET, SUITE 600 VANCOUVER, BC, V6E 2J3, CANADA PHONE: +1 (647) 265.8688 EMAIL: INFO@MAPLEGOLDMINES.COM Northern lights at Douay – October 2021
Maple Gold Mines — Investor Presentation (January 2023) on 6ix