Labrador Gold Corp · TSXV:LAB
Labrador Gold — Investor Presentation (March 2022)
25 slides from Labrador Gold's investor presentation, March 2022
Slide 1: Corporate Presentation March 2022
Corporate Presentation March 2022 Fall 2021 TSX-V: LAB FNR: 2N6 OTCQX: NKOSF TSX-V: LAB FNR: 2N6 OTCQX: NKOSF TSX-V: LAB | www.labradorgold.com
Slide 2: Disclaimer
DISCLAIMER Statements contained in this presentation that are not historical facts may be forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995 and forward looking information under similar Canadian legislation (collectively, "Forward Looking Inform
Slide 3: Labrador Gold – In the Heart of a New Gold Camp
LABRADOR GOLD – IN THE HEART OF A NEW GOLD CAMP Flagship Kingsway gold project located in the Gander Gold District Politically stable jurisdiction supportive of mineral exploration Experienced exploration team with success in finding and advancing gold deposits (>17Moz) Ongoing 100,000m drill progra
Slide 4: Share Structure
SHARE STRUCTURE Institutions TSX-V: LAB 24% Ticker(s) FSE: 2N6 Palisades Goldcorp 9.0% OTC: NKOSF Float New Found Gold 8.2% 41% Crescat Capital 6.8% Share Price – March 4th $0.87 Market Capitalization ~$133.9 million Issued and Outstanding Shares 153.9M Warrants 40.7M Options 6.9M Fully Diluted 201.
Slide 5: Our Flagship Project
OUR FLAGSHIP PROJECT Kingsway Property • Consists of three Licenses covering 77 square kilometers • Claim blocks cover approximately 22 kilometres of strike length of two crustal scale faults, the Dog Bay Line and the Appleton Fault zone • Excellent infrastructure - 18km from Gander, road accessible
Slide 6: Labrador Gold – A Golden Opportunity
LABRADOR GOLD – A GOLDEN OPPORTUNITY Completed soil (8,653) Completed two Increased and rock (992) financings @ $0.74 Diamond Drill sampling, Ground and $0.90 per share Program to Geophysics (233-line totaling $24.8M Discovery of 100,000m; Discovery of km) and RAB drilling with Eric Sprott and Golde
Slide 7: Kingsway Structures – Highways for Gold Bearing Fluids
KINGSWAY STRUCTURES – HIGHWAYS FOR GOLD BEARING FLUIDS Primary Structure • NE-trending Appleton Fault Zone (AFZ) and Midway Dog Bay Line (DBL) • Numerous gold occurrences occur along the Appleton fault over more than 9km, with lots more to explore. Golden Glove Big Dave TSX-V: LAB | www.labradorgold
Slide 8: Kingsway Structures – Localize Gold Deposition
KINGSWAY STRUCTURES – LOCALIZE GOLD DEPOSITION • Major structures are important for localizing gold deposition • Hot water carries gold in solution up major structures like the Appleton Fault Zone • This gold in solution migrates out through smaller second and third order structures to the sites of
Slide 9: 2022 Key Exploration Areas
2022 KEY EXPLORATION AREAS = LAB 1st Order Structure = NFG 1st Order Structure = LAB 2nd Order Structure = 2022 Focus Area = NFG 2nd Order Structure = LAB 3rd Order Structure = NFG 3rd Order Structure = Structural Intersections with Anomalous (Au-Sb- As) Geochem. 4 km TSX-V: LAB | www.labradorgold.c
Slide 10: Kingsway – Quartz Vein Corridor
KINGSWAY – QUARTZ VEIN CORRIDOR • 7.5 km+ northeast-southwest trending corridor of intermittent quartz vein outcrop • Adjacent to the Appleton Fault Zone • Includes Big Vein and visible gold occurrences • Coincident gold in soil anomalies to the northeast and southwest of Big Vein • Till sample with
Slide 11: Kingsway – Visible Gold Discovery
KINGSWAY – VISIBLE GOLD DISCOVERY • Five occurrences of visible gold found in quartz vein • Up to 9,946 ppb gold in soil samples over 300m along strike to southwest (up ice) of visible gold occurrences • Quartz vein (Big Vein) traced over 400m at surface • Big Vein occurs within the larger northeast
Slide 12: Kingsway – Big Vein Visible Gold Discovery
KINGSWAY – BIG VEIN VISIBLE GOLD DISCOVERY Assayed 1,065 g/t Au Many characteristics of epizonal style gold mineralization TSX-V: LAB | www.labradorgold.com | 12
Slide 13: Kingsway – Golden Glove Discovery
KINGSWAY – GOLDEN GLOVE DISCOVERY Sample # Sample Type Sample Type Rock Type Au (g/t) 709307 Outcrop Float Quartz vein 2.16 709253 Outcrop Grab Quartz vein with visible gold 338.08 709252 Outcrop Grab Quartz vein with visible gold 194.28 709251 Outcrop Grab Quartz vein with visible gold 193.69 70901
Slide 14: Golden Glove – Big Vein Comparison
GOLDEN GLOVE – BIG VEIN COMPARISON Golden Glove - Grab Big Vein - Grab Big Vein - Drill Au (g/t) Au (g/t) Au (g/t) 338 1,065 276 g/t over 0.5m 194 185 160 g/t over 0.55m 194 66 128 g/t over 1.12m 84 38 96 g/t over 1.03m TSX-V: LAB | www.labradorgold.com 14
Slide 15: Initial Drill Results
INITIAL DRILL RESULTS Visible gold grains found in drill holes at both Big Vein and HTC Zones Assay highlights include: • 44.08g/t Au over 4.28m(188.7 g x m) (shown in images to the right) • 128.51 g/t Au over 1.12m (143.9 g x m) • 50.52 g/t Au over 2m (101.04 g x m) • 20.6g/t Au over 3.6m (74.2 g x
Slide 16: Kingsway – Big Vein Plan View Map
KINGSWAY – BIG VEIN PLAN VIEW MAP TSX-V: LAB | www.labradorgold.com | 16
Slide 17: Kingsway – Long Section – HTC Zone
KINGSWAY – LONG SECTION – HTC ZONE Latest Release Previously Released TSX-V: LAB | www.labradorgold.com | 17
Slide 18: Kingsway – Gold Mineralization Indicators
KINGSWAY – GOLD MINERALIZATION INDICATORS Black Shale Fault: Black shale indicates the proximity to the gold mineralization zone. Pathfinder Minerals: Indicator minerals such as Antimony (Sb), Arsenopyrite (As), Chalcopyrite and Pyrite seen mostly in quartz vein. Alteration: Intense sericitic and pe
Slide 19: Gold Grains in Till
GOLD GRAINS IN TILL TSX-V: LAB | www.labradorgold.com 19
Slide 20: Appleton Fault – String of Pearls
APPLETON FAULT – STRING OF PEARLS • The northeast – southwest trending Appleton Fault Zone New Drilling includes over 16km of highly prospective epizonal gold targets between Newfound Gold’s Keat’s discovery (see southwest corner of map) to the North-eastern limit of Quartz Vein Corridor at Labrador
Slide 21: Appleton Fault – Targeting
APPLETON FAULT – TARGETING • Numerous gold anomalies found along the Appleton Fault Zone. • Many of these anomalies constitute viable drill targets. • Ongoing field work continues to generate more drill targets. TSX-V: LAB | www.labradorgold.com | 21
Slide 22: Appleton Fault – LabGold Drilling
APPLETON FAULT – LABGOLD DRILLING Labrador Gold is currently drilling 3 high priority targets along the Appleton Fault Zone Big Vein - 2 drill rigs Pristine - 2 drill rigs Golden Glove - 1 drill rigs TSX-V: LAB | www.labradorgold.com | 22
Slide 23: Key Takeaways
KEY TAKEAWAYS Tier 1 Jurisdiction Fully funded ongoing 100,000 metre drill program Two discoveries made and a significant amount of work completed in just 18 months Structures like the Appleton Fault Zone are important for localizing gold mineralization Many more gold occurrences/anomalies along the
Slide 24: Acknowledgements
ACKNOWLEDGEMENTS Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property. TSX-V: LAB | www.labradorgold.com
Slide 25: Contact Us
CONTACT US Roger Moss, President and CEO Phone: +1-416-704-8291 E-mail: rmoss@labradorgold.com Website: www.labradorgold.com Twitter: @LabGoldCorp TSX-V: LAB FNR: 2N6 OTCQX: NKOSF TSX-V: LAB | www.labradorgold.com