Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (May 2023)
24 slides from Maple Gold Mines's investor presentation, May 2023
Slide 1: Corporate Presentation May 2023
CORPORATE PRESENTATION MAY 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 high-grade, past producing mine trend located in a premier mining jurisdiction, a strong balance sheet, an exceptional team and a worl
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: Strategically Located in Agnico's Backyard
STRATEGICALLY LOCATED 400 KM² LAND PACKAGE Agnico Eagle 2022 gold production in the Abitibi: ❖ Detour: 732,572 oz ❖ Canadian Malartic: 658,792 oz ❖ LaRonde: 234,780 oz ❖ Macassa: 180,833 oz AGNICO EAGLE CENTRES OF EXCELLENCE ❖ Goldex: 141,502 oz Total: ~2Moz produced annually from the Abitibi The Do
Slide 8: 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 2023: Agnico completes acquisition of Yamana’s Canadian gold assets for C$1B PAGE 8
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: Project Takeaways & Future Growth Catalysts
PROJECT TAKEAWAYS & FUTURE GROWTH CATALYSTS • Established 3.03Moz (total contained) mineral resource (SLR 2022) D O • JV targeting major discoveries with aggressive step-out and deep drilling SCALE • Currently hunting for the next “East Gouldie” at depth U A • ~6,000 m of deep drilling at Douay now
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: Local Geology & Regional Structures: Target Rich Environment
LOCAL GEOLOGY & REGIONAL STRUCTURES: TARGET RICH ENVIRONMENT EAGLE-TELBEL MINES 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 12
Slide 13: 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 14: Initial Deep Drilling at Douay Now Complete
INITIAL DEEP DRILLING AT DOUAY NOW COMPLETE ❖ At Douay, the JV drilled a total of 5,792 m in five (5) drill holes testing beneath several known zones, as well as one (1) shallow NW Zone step-out. ❖ Additional permitted and approved drill holes will be considered for later in 2023 once assays are rec
Slide 15: Deep Drilling at Douay – Targeting New Gold Zones Beneath the Porphyry Zone
DEEP DRILLING AT DOUAY – TARGETING NEW GOLD ZONES BENEATH THE PORPHYRY ZONE ❖ The most compelling visual core observations were in the final hole (DO-23- 326X), with significant alteration, deformation, and mineralization (abundant fine-grained pyrite) from approximately 850 m to 1,400 m down-hole C
Slide 16: History of the Joutel (Eagle-Telbel) Mine Complex
HISTORY OF THE JOUTEL (EAGLE-TELBEL) MINE COMPLEX AGNICO AMALGAMATES WITH EAGLE GOLD TO 1.1 MILLION OUNCES OF GOLD PRODUCED AVERAGE PRICE OF GOLD DURING LIFE OF BECOME AGNICO EAGLE IN 1972 FROM 1974 - 1993 MINE ONLY $350/OZ JV DIGITIZES $75M WORTH OF HISTORICAL DRILL DATA AND CREATES NEW 3D MODEL TO
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: Targeting High-Grade Ounces at the 100% Controlled Eagle Mine Property
TARGETING HIGH-GRADE OUNCES AT THE 100% CONTROLLED EAGLE MINE PROPERTY PAGE 18 PAGE 18
Slide 19: Sub-Parallel Gold Horizons Demonstrate Broad Mineralized Corridor
SUB-PARALLEL GOLD HORIZONS DEMONSTRATE BROAD MINERALIZED CORRIDOR B B’ ❖ A total of ~14,500 m was drilled across 30 holes during 2022 including: • 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
Slide 20: Initial JV Deep Drilling at the Telbel Mine Area Now Complete
INITIAL JV DEEP DRILLING AT THE TELBEL MINE AREA NOW COMPLETE ❖ 7,343 m of deep drilling completed at Telbel – assay results expected in Q2/2023 ❖ Drilling from N-S and S-N to cut through all horizons and stratigraphy on the way to targeted depth ❖ Note zones of semi-massive to massive sulfide well
Slide 21: Experienced Management & Board/Advisors
EXPERIENCED MANAGEMENT & BOARD/ADVISORS SENIOR MANAGEMENT TEAM $14B $10B Matthew Hornor Kiran Patankar Joness Lang Fred Speidel Wilma Lee President & CEO CFO Executive VP VP Exploration VP Corp Secretary & Compliance $21B BOARD OF DIRECTORS & TECHNICAL ADVISORS $5B $30B Michelle Roth Gérald Riverin
Slide 22: Capital Structure, Financial Position and Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION AND OWNERSHIP Capital Structure (As of May 3, 2023) Research Coverage: Shares Outstanding 338.7M Warrants (100% Agnico)1 25.8M Options2 26.4M Fully Diluted3 398.1M 52-week high/low share price $0.38-$0.13 Market Capitalization ~C$60 Million Avg 3-month daily vol
Slide 23: Investor Checklist – Why Own Maple Gold Mines
INVESTOR CHECKLIST – WHY OWN MAPLE GOLD MINES ❖ Pure Canadian gold play with a clear vision for creating shareholder value ❖ Top tier jurisdiction with excellent infrastructure (power, highway access and 45-person camp) ❖ Strategic partnership with Canada’s largest gold producer (Agnico Eagle) ❖ Est
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