Mx Gold Corp. · TSXV:MXL.H

Mx Gold — Investor Presentation (May 2016)

14 slides from Mx Gold's investor presentation, May 2016

  1. Slide 1: WillaMAX Gold Project

    WILLAMAX GOLD Project

  2. Slide 2: Forward Looking

    Forward Looking 1 This presentation includes certain “forward-looking information” within the meaning of the Securities Act (British Columbia). All statements regarding anticipated exploration costs, projected starting dates for production and forecasted revenues are forward- looking statements that

  3. Slide 3: Opportunity to Consolidate

    Opportunity to Consolidate 2  Combining the Willa Gold Project + award winning MAX Moly Mine generates robust WillaMAX plan  Agreements for 100% respectively  Amended PEA Released (JAN16) advance engineering  Willa permitting + MAX amendments (OCT 15-JUL16)  Retrofit MAX Mill and TSF (OCT 15-JU

  4. Slide 4: Location | Access | Environment

    Location | Access | Environment 3 stuff • West Kootenays, SE BC • Historic mining region • Government offices at Nelson (MOE) and Cranbrook (MEM) • Willa to MAX = 135km paved public highways MAX Mine • Communities: Silverton, New Denver, Nakusp, Trout Lake • Local mining contractors, services and l

  5. Slide 5: Willa Gold Project Summary

    Willa Gold Project Summary 4  1980 – 2005 exploration costs $18M BP Minerals, Rio Algom and others  596 drill holes totaling 57,250 m  2,575 m of U|g workings  2012 Updated 43-101 Resource Estimate (see next page)  Preliminary mine design and mine schedule – Internal cash flow  Steep topograph

  6. Slide 6: Willa Gold Resource

    Willa Gold Resource 5  Updated 43-101 (2012) Category Tonnes Au (g/mt) Cu Ag 3g/t cutoff shown here Measured 198,000 5.36 (%) 0.83 (g/mt) 8.30  Resource is ‘open’ with increasing grades at depth Indicated 627,000 4.97 0.86 9.50 to >15g/t Au Meas+Ind 825,000 5.07 0.85 9.20  Great exploration poten

  7. Slide 7: MAX Molybdenum Mine

    MAX Molybdenum Mine 6  Award-winning (2007 & 2009) mine development & expansion = $80M  $15m (1980’s) exploration by Newmont and Esso > 43 MT 43-101 (Macauley 2004)  Phase 1 production late 2007, stalled by sustained low prices late 2011  Phase 2 (1,000 tpd) Expansion and Development 90% complet

  8. Slide 8: WillaMAX PEA Model Summary

    WillaMAX PEA Model Summary 7 The Consolidated Willa + MAX Project includes;  Cash flow model estimate based on initial 4.2 years  Mining, trucking, processing 617,460 Tonnes  Production of 105,000 oz Au, 238,000 oz Ag, 6.1MT Cu  Three concentrate products: Copper Concentrate (Budget costs Trafig

  9. Slide 9: WillaMAX PEA Economics

    WillaMAX PEA Economics 8  All in sustaining cash cost = $780CND / oz Au (Equiv)  Trucking Willa material to MAX delivers robust economics: Case $Au, $Ag, $Cu NPV10 IRR Year 1 Cash (AfterTax) Flow $CND Base Case 1000, 14, 2.00 $39M 83% $11M Base Case Plus 1200, 15, 2.25 $48M 150% $17M

  10. Slide 10: Pre-Production Timeline & Costs

    Pre-Production Timeline & Costs 9 PHASE 1: OCT15-FEB16 Completed Acquisition, Engineering planning, Permitting work = $2.7M(Completed) PHASE 2: FEB16-JUL16 Standby Permit Receipt, Winter ops= $0.7M (including contingency) >>>> Target Production Permit: SEPT16 PHASE 3: AUG16-DEC16 U|g development at

  11. Slide 11: Underlying Value and Upside

    Underlying Value and Upside 10  WillaMAX NPV10 = $38.7M (Base Case $1000Au)  MAX Molybdenum NPV10 = $40M (@ $15/lb Mo)  Gold price improves (NPV10 = $57M @ $1500Au)  Moly price increase will trigger production  Exploration potential adds to mine life and grade  Expand mill throughput to 1,000t

  12. Slide 12: WillaMAX Summary

    WillaMAX Summary 11  Consolidating a gold asset and permitted milling facility will deliver robust economics  Cost estimates supported by recent mining at MAX  Local communities supportive of mining and recognized management team  Modest investment to commence production  ~$100M combined sunk c

  13. Slide 13: Management Team

    Management Team 12 Dan Omeniuk, Chairman and CEO Mr. Omeniuk is the president of Trappers Transport, a North American Leader is providing temperature controlled transportation services. Dan is the founder of Trappers Transport and has led this company from a being a small business to an industry lea

  14. Slide 14: Shares | Contact

    http://www.mxgoldcorp.com/ Shares | Contact (250) 574-5767 info@mxgoldcorp.com 13 MX Gold Corp. TSX-V: DVN Shares issued: 100,041,385 Options: Average 7,291,999 @ 0.17 Warrants: 41,664,800 @ 0.26 Fully Diluted Shares: 148,998,184 Following Planned Share Issuances: Fully Diluted Cash: $6.0M Future in

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