Magna Mining Inc · TSX:NICU
Magna Mining — Investor Presentation (July 2021)
20 slides from Magna Mining's investor presentation, Jul 20, 2021
Slide 1: Exploration and Development at the Past Producing Ni-Cu-PGM Shakespeare Mine
J U LY 2 0 2 1 EXPLORATION AND DEVELOPMENT AT THE PAST PRODUCING Ni-Cu-PGM SHAKESPEARE MINE TSXV: NICU Prior mining at Shakespeare, 2010 Shakespeare Core Gap Zone drilling, Shakespeare, west pit, May 2021
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT This presentation contains forward-looking information and forward-looking statements (collectively, "forward-looking statement") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking state
Slide 3: Sudbury-Focused Strategy
S U D B U R Y - F O C U S E D S T R AT E G Y ➢ NI 43-101 resource (2021) SHAKESPEARE ➢ Major permits for construction of mine and mill ➢ Past producer through toll milling PROJECT FAST TRACK ➢ Two mills within trucking distance with excess capacity ➢ Currently on care & maintenance PRODUCTION ➢ Eval
Slide 4: Capital Structure
C A P I TA L S T R U C T U R E KEY SHAREHOLDERS CAPITAL STRUCTURE Issued & Outstanding 63,717,433 SIGNIFICANT SHAREHOLDERS Options * 4,466,875 Institutional Dundee 11% 26% Warrants 14,579,836 Retail 41% Libra 4% Fully Diluted * 82,764,144 Management & Lynwood 3% Directors Cash * $7M 33% Jason Jessup
Slide 5: Sudbury – A World Class Mining District
SUDBURY – A WORLD CLASS MINING DISTRICT Glencore Strathcona Mill Glencore Falconbridge Smelter Magna’s Shakespeare Ni-Cu Mine City of Sudbury Vale Copper Cliff Vale Clarabelle Mill Smelter World Class Nickel District with Exceptional Geology Social License The Sudbury basin hosts one of the largest
Slide 6: Shakespeare Highlights
SHAKESPEARE HIGHLIGHTS Past Producing Mine Permits in Place 490,000 tonnes of ore was processed through a third-party mill at an Major permits are already in place for the construction of a 4,500 tpd average grade of 0.33% Ni, 0.38% Cu and 0.9 g/t PGM + Au between open pit mining operation, processi
Slide 7: Resource Expansion Targets
R E S O U R C E E X P A N S IO N T A R G E T S Viewed looking NW Blebby East Resource Pit Gap-zone mineralization Resource expansion targets are between the two pits: Gap & S-13 Zones are located between and in the footwall below the existing pits at Shakespeare. West Prior drilling programs did not
Slide 8: Initial 2021 Drill Program Results
INITIAL 2021 DRILL PROGRAM RESULTS Shakespeare Deposit longitudinal section, illustrating the location of diamond drilling and assay results received to date. Vertical section illustrating drillhole MMC-21-15. First holes commenced late April, targeting the Gap Zone (beneath the East and West Zones)
Slide 9: Bird's Bane Footwall Target
BIRD’S BANE FOOTWALL TARGET A mineralized megabreccia unit was discovered in the immediate footwall of the Shakespeare intrusion in 2019. The mega breccia contains mineralization at surface in the Birds Bane trench, and Channel Sample (2019): 0.18% Ni, 0.85% Cu, 1.94 g/t TPM over 1.22m intervals of
Slide 10: District-Scale Exploration
D I S T R I C T -S C A L E E X P L O R AT I O N o n s o n s C C 180 km ² land package including 30km of strike of underexplored, prospective geology for multiple base and precious metal commodities ano Large magmatic system with potential for high grades C and multiple untested new targets an ay C M
Slide 11: Near Term Objectives, Catalysts & Timelines
NEAR TERM OBJECTIVES Expand the current resource via 6000m near mine drill program Drill test high priority regional targets via 3000m program Evaluate near term production options C ATA LY S T S & T I M E L I N E S H1 2021 H2 2021 • Completion of go-public • Commenced Shakespeare • Commence 3,000m
Slide 12: Nickel for Our Future – Contact Us
NICKEL FOR OUR FUTURE TSXV: NICU CONTACT US Jason Jessup, CEO Paul Fowler, Senior Vice President Jason.Jessup@magnamining.com Paul.Fowler@magnamining.com 705 665 0262 416 356 8165 @MagnaMining www.magnamining.com
Slide 13: Appendix
NICKEL FOR OUR FUTURE APPENDIX
Slide 14: Management
MANAGEMENT Jas on Jessup, MBA Derrick Weyrauch, CPA Paul Fowler, CFA Marshall Hall, M.Sc., P.Geo C E O & Director C F O & Director Senior Vice President Exploration Manager Derrick is an experienced Paul is an experienced capital Marshall is an experienced Jason has over 24 years of mining executive
Slide 15: Directors and Strategic Advisors
D I R E C TO R S A N D S T R ATEGIC A D V I S O R S Ve r n B a ke r, P. E n g . , M B A P e t e r L i g h t f o o t , P h . D , P.G eo G o r d Mo r r i s o n , A d v i s o r Carl DeLu ca, Director Chairman Senior Geological Advisor Vern has +30 years of experience in the Dr. Lightfoot has +30 years
Slide 16: NI 43-101 Resource
NI 43-101 RESOURCE Au NiEq. Category (Mt) N i (%) C u (%) C o (%) P t (g / t ) P d (g/t) (g/t) (%) West resource Open Pit (0.2% Ni Eq. cut-offgrade) pit shell East resource pit shell Indicated 14.436 0.34 0.37 0.02 0.34 0.37 0.19 0.63 Inferred 1.682 0.29 0.31 0.02 0.27 0.30 0.17 0.54 Underground (0.
Slide 17: P-4 Target
P-4 TARGET High Conductance EM Plates P-4 P-4 Target Shakespeare Spanish Spanish River River High Conductance EM Plates Copper Mine Copper Mine High Conductance EM Plates • High potential Ni-Cu target – P-4 is approximately 5km from Shakespeare and EM response/geology is indicative of Shakespeare-st
Slide 18: 2021 Drill Program Results to Date
2021 DRILL PROGRAM RESULTS TO DATE 2 18
Slide 19: Pillars of Our ESG Strategy
P I L L A R S O F O U R E S G S T R AT E G Y N i c ke l S u l p h i d e s - C r i t i c a l M i n e ra l s f o r C l e a n E n e r g y A d h e re n c e to B e st Pra c t i c e C a n a d i a n Re gu l at i o n s Policies and regulations related to environmental impacts and mitigation are well Shakesp
Slide 20: Magna Mining – Active ESG Strategies
M A G N A M I N I N G – A C T I V E E S G S T R AT E G I E S E n v i ro n m e n ta l Social Governance Site design priorities: minimal visibility from Integrate co-disposal system in final mine Agnew Lake & minimal noise emissions from Publish Annual ESG Scorecard design plant Incorporate BEVs in fl