Galway Metals, Inc. · TSXV:GWM
Galway Metals — Investor Presentation (November 2016)
35 slides from Galway Metals's investor presentation, November 2016
Slide 1: Estrades & Casa Berardi Project Presentation
TSX-V:GWM Estrades & Casa Berardi Project Presentation
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation contains "forward-looking information" (also referred to as "forward looking statements") which may include, but are not limited to, statements with respect to the future financial or operating performance of the Company, its subsidiaries and its projects,
Slide 3: Capital Profile
Capital Profile Cash: Approximately CDN$9.4 million after Clarence Stream and Estrades acquisitions; $0 debt Market cap 11/8/16: CDN$23 million Shares issued and outstanding: 57,995,248 Warrants: 4,100,000 Options: 5,610,000 Share price as of 11/8/16: CDN$0.40 52 week high-low: CDN$0.5
Slide 4: Estrades Highlights
Estrades Highlights Estrades: Galway consolidated an undivided 100% ownership interest in the former producing, high grade Estrades property in western Quebec, Canada Includes the Estrades polymetallic mine, associated infrastructure, data and land along a 13 km stretch of the Estrades and nearby
Slide 5: Estrades Highlights continued
Estrades Highlights continued Breakwater Resources: spent CDN$20 million in 1990 developing Estrades, including the installation of a 200 metre deep by 150 metre along strike decline, a ventilation raise and associated infrastructure Production: 1990-91 totalled 174,946 tonnes grading 12.9% Zn,
Slide 6: Estrades, Quebec, Canada
Estrades, Quebec, Canada Estrades 6 TSX-V:GWM
Slide 7: Estrades, Quebec, Canada
Galway Metals Caribou Deposit Estrades Property Estrades, Quebec, Canada 7 Source: Yorbeau Resources TSX-V:GWM
Slide 8: Estrades - Geology Plan
Estrades - Geology Plan AURVISTA GLOBEX 8 TSX-V:GWM
Slide 9: Estrades NI 43-101 Updated Resource Summary
Estrades NI 43-101 Updated Resource Summary Class Lens Name Tonnes Au (g/t) Ag (g/t) Zn (%) Cu (%) Pb (%) Indicated Main 912,000 4.25 158.4 8.84 1.22 0.71 Central 388,000 3.05 89.6 5.87 0.88 0.50 Total Indicated 1,300,000 3.89 137.9 7.95 1.12 0.65 Inferred Main 354,000 1.72 83.4 4.82 1.17 0.41 Centr
Slide 10: Galway Metals Resource Statement Clarence Stream and Estrades Projects
Galway Metals Resource Statement Clarence Stream and Estrades Projects Au Ag Zn Cu Pb Deposit Class Tonnes (g/t) (g/t) (%) (%) (%) Clarence Stream Indicated 822,000 6.90 Estrades Indicated 1,300,000 3.89 137.9 7.95 1.12 0.65 Sub Total, Indicated 2,122,000 4.98 Clarence Stream Inferred 1,226,000 6.34
Slide 11: Estrades – Longitudinal Section FW Zone
Estrades – Longitudinal Section FW Zone CENTRAL ZONE EAST ZONE 11 TSX-V:GWM
Slide 12: Estrades – Longitudinal Section HW Zone
Estrades – Longitudinal Section HW Zone CENTRAL ZONE EAST ZONE H-082 0.9m 9.3%CU, 2.7%ZN H-293 9.2m 0.9%CU Incl. 2.6% CU/1.0m H-116 EME-02 8.9m @ 0.5G/T AU, 4.0m 1.3%CU 1.7%CU, 1.5%ZN EME-07 Incl. 4.1% CU/0.3m Incl. 4.2% CU/2.4m 6.4m 2.4%CU Incl. 7.4% CU/0.6m 12 TSX-V:GWM
Slide 13: Estrades – Section (grey = mined)
Estrades – Section (grey = mined) Source: CR Capital 13 TSX-V:GWM
Slide 14: Sensitivity Analysis, Estrades Project
Sensitivity Analysis, Estrades Project NSR$180 Cut-off grade Class Tonnes Au (g/t) Ag (g/t) Zn (%) Cu (%) Pb (%) Indicated 1,138,000 4.30 150.8 8.70 1.19 0.70 Inferred 834,000 1.80 76.4 4.65 1.83 0.26 NSR$160 Cut-off grade Class Tonnes Au (g/t) Ag (g/t) Zn (%) Cu (%) Pb (%) Indicated 1,202,000 4.13
Slide 15: Estrades Resource Expansion Plans
Estrades Resource Expansion Plans Aggressive Exploration Planned for Estrades and Newiska: Estrades and Newiska horizons provide numerous opportunities for resource expansion, including the following: Infill Drill Estrades: Gaps exist along the 1.6 km strike length of mineralization in which the
Slide 16: Casa Berardi Highlights
Casa Berardi Highlights Casa Berardi: Galway consoliated an undivided 100% ownership interest in 31 km of strike length along the Casa Berardi Break, a major but underexplored gold-bearing fault system immediately adjacent to the north of Estrades Estrades, Newiska and Casa Berardi Land Position
Slide 17: Estrades – Casa Berardi Deal Terms
Estrades – Casa Berardi Deal Terms Deal Term Description: For All Estrades, Newiska and Casa Berardi Claims Deal Terms: Total Payment CDN$1.35 mm cash and 800,000 Units, or CDN$1.55 mm Acquisition Price Based on Resources Only (zero value ascribed to surrounding land): Gold Perspective: Cost
Slide 18: Estrades – Casa Berardi Deal Terms continued
Estrades – Casa Berardi Deal Terms continued Mistango River Resources: Cash payment of CDN$700,000, plus a 1% NSR royalty on portions of three claims that comprised part of the old mining lease, which hosts the Main Zone and part of the Central Zone. This royalty has a buyout option at any time fo
Slide 19: Estrades – Aerial Map
Estrades – Aerial Map SELBAIE MINE- BHP BILLITON CASA BERARDI MINE- HECLA ESTRADES MINE- GALWAY METALS 19 TSX-V:GWM
Slide 20: Estrades Photos
Estrades Photos Estrades Aerial Photo Estrades Buildings Estrades Ramp Estrades Ramp 20 TSX-V:GWM
Slide 21: Estrades Copper-Rich Vent-System Indicators
Estrades Copper-Rich Vent-System Indicators Copper-Rich Indicator Holes: Drill intersects that may lead Galway to new copper-rich discoveries: Main Zone: Hole H-182 – 2.0% Cu, 5.9% Zn, 118.2 g/t Ag, and 0.3 g/t Au over 5.1 m (true width (TW) = 3.7 m), including 3.2% Cu, 3.1% Zn, 129.0 g/t Ag, and
Slide 22: Depth Potential for Massive Sulphide Feeder
Estrades – Depth Potential for Massive Sulphide Feeder HOLE 116 22 Source: CR Capital TSX-V:GWM
Slide 23: Estrades – Deep Potential – Strong Off-Hole Conductor
Estrades – Deep Potential – Strong Off-Hole Conductor H-116: ZONE OFF-HOLE 23 Source: CR Capital TSX-V:GWM
Slide 24: Estrades Hole EME-07 Plenty of Cu – up to 7%
Estrades Hole EME-07 Plenty of Cu – up to 7% 24 TSX-V:GWM
Slide 25: Casa Berardi Drill Intersects
Casa Berardi Drill Intersects Casa Berardi Fault System: Underexplored high-priority target for new discoveries; Many historic drill intersects on Galway’s property, including: Globex Property Mistango Property 8.2 g/t Au over 3.2 m, including 20.9 g/t Au over 1.0 m 10.4 g/t Au over 1.1 m 10.4
Slide 26: Estrades – Properties Acquired
Estrades – Properties Acquired 5.3/1.2m+1.8/1.8m+0.8/4.5m+0.6/4.2m 1.1/10.6m 10.5/0.6m+1.0/4.5m 1.2/9.75m+2.0/0.6m+2.2/0.9m 2.3/4.5m 0.75/19.5m 0.6/18.5m 10.4/1.1m 1.95/10.4m 3.0/1.0m+2.3/3.0m 1.2/12.7m 3.4/0.9m+1.3/5.6m ESTRADES MINE 3.8/3.7m 3.4/2.9m incl 10.4/0.8m CARIBOU DEPOSIT NK-05 0.3/22.35m
Slide 27: Gold Price in Canadian $ ~$1300-$1800 Since 2013
Gold Price in Canadian $ ~$1300-$1800 Since 2013 (August 16, 2016 @ $1732) 27 TSX-V:GWM
Slide 28: Committed Zinc Supply Insufficient for Demand
Committed Zinc Supply Insufficient for Demand Forecast Zinc Refined Balance 500 - THOUSANDS OF TONNES (500) (1,000) (1,500) (2,000) (2,500) 2012 2013 2014 2015 2016 2017 2018 2019 2020 We expect insufficient mine supply to Market was in deficit in 2014 constrain refined production Ongoing, lar
Slide 29: Quebec – An Excellent Place to Operate
Quebec – An Excellent Place to Operate Fraser Institute Ranking: Quebec ranked 8th and 9th by the Fraser Institute (2015) in its Investment Attractiveness and Best Practices Mineral Potential indices, respectively, out of 109 global locations Labour: Quebec has a large and experienced mining lab
Slide 30: Estrades Geology and Mineralization
Estrades Geology and Mineralization During the preparation of the RPA resource estimate, a new understanding of where the mineralization sits in the stratigraphy was developed. Two mineralized intervals appear to be kept separate by a Key Marker horizon. It has been logged as an intermediate or mafi
Slide 31: Estrades Geology and Mineralization continued
Estrades Geology and Mineralization continued Pyrite is the dominant sulphide, however sphalerite is common, as is chalcopyrite and galena. Elevated values of both silver and gold occur in the hanging wall and footwall. This mineralization has been identified as classic Archean age of the syngenetic
Slide 32: Casa Berardi Geology and Mineralization
Casa Berardi Geology and Mineralization A major regional deformation zone, the Casa-Berardi Break, is located approximately two km north of the Estrades Unit within the 700 m to 1.5 km-wide Taibi sediments. The Casa-Berardi Break is a graphitic fault with injections of quartz-carbonate veining. Iron
Slide 33: Management and Directors
Management and Directors Robert Hinchcliffe – CEO, Director & Principal Mr. Hinchcliffe has over 25 years working in the mining industry and has been directly involved in capital raises and transactions in excess of $600 million. Mr. Hinchcliffe founded Galway Resources in 2005 and went on to raise
Slide 34: Management and Directors
Management and Directors Larry Strauss – Vice President of Corporate Development, Director Larry Strauss has over 25 years’ working in the mining industry in different capacities. More specifically, Mr. Strauss has 18 years of experience as a mining and commodities analyst in both Canada and the Uni
Slide 35: Management and Directors
Management and Directors Joseph Carafalsa - Director Mr. Cartafalsa is partner at the New York-based law firm of Putney, Twombly, Hall & Hirson LLP, one of the oldest law firms in New York. He has over 20 years' experience as a management-side labor and employment attorney, representing clients in a
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