Equity Metals Corporation · TSXV:EQTY

Equity Metals — Investor Presentation (February 2022)

20 slides from Equity Metals's investor presentation, February 2022

  1. Slide 1: Targeting high-grade epithermal veins in a premier mining district

    Targeting high-grade epithermal veins in a premier mining district Corporate Presentation February 2022 TSXV:EQTY / OTCQB:EQMEF

  2. Slide 2: Forward-Looking Statement

    Forward-Looking Statement • Some of the statements contained in this presentation may be deemed “forward-looking statements.” These include estimates and statements that describe the Company’s future plans, objectives or goals, and expectations of a stated condition or occurrence. • Forward-looking

  3. Slide 3: Exploring for High-Grade Silver & Gold

    Exploring for High-Grade Silver & Gold High-grade resource open Exceptional assays results Targeting 1.0 – 1.5M oz AuEq for expansion at its Silver demonstrates exploration during 2022; Maiden Queen Project in B.C. upside across several veins Resource on Camp Vein - Q2 Prospective diamond assets Wel

  4. Slide 4: Equity Metals' Portfolio of Assets

    Monument & WO Projects (NW Territories) • Diamond-bearing kimberlites • Located in proven diamond-producing, ~40 km from both the Diavik and Ekati diamond mines Silver Queen Project (British Columbia) Equity • Flagship, precious/base metal project near multiple producing/past-producing mines • High-

  5. Slide 5: Capital Markets Profile

    Capital Markets Profile Capital Structure Share Ownership Share Price and Volume (Since Oct. 2019) Ticker TSX-V: EQTY $0.35 3.0 Share Price (January 21, 2022) C$0.14 Management & $0.30 2.5 Associates 52-Week Trading Range C$0.09 – C$0.20 6.0% $0.25 2.0 Volume (millions) Basic Shares Outstanding 102.

  6. Slide 6: Management Team & Board

    Management Team & Board Experienced team with a proven track record of exploration, discovery and development success in North America Lawrence Page, LLB, QC – Chairman & Director • Director/officer of several public prominent exploration and mining companies • Major Projects and Mines involvement:

  7. Slide 7: Silver Queen Project Highlights

    Silver Queen Project Highlights Well-positioned, district-scale property • 18,852 ha land package surrounding major deposits/mines and existing infrastructure in a mature mining region in B.C. • Low exploration costs and expanded exploration season Hosts the past-producing Silver Queen mine • Substa

  8. Slide 8: Superior Location & Infrastructure

    Superior Location & Infrastructure Near major deposits/mines including Berg, Equity Silver, Endako, Huckleberry, and Mt. Milligan • 17 crown-granted titles and 45 tenure claims covering 18,852 ha in the Omineca Mining Division – 35 km south of the town of Houston, B.C., and 590 km north northwest of

  9. Slide 9: Historic Past-Producing Mine

    Historic Past-Producing Mine Past-producing polymetallic mine with >C$20M of historical exploration work • Property has been intermittently explored since 1912 (+500 holes drilled) • Mineralization is hosted by a series of epithermal veins over a 6 km2 area • Significant existing historic UG develop

  10. Slide 10: Maiden Resource Open for Expansion

    Maiden Resource Open for Expansion Silver Queen Mineral Resource Estimate (NI 43-101 Compliant, July 16, 2019) (C$100 NSR cut-off) Category Tonnes Gold Silver Copper Lead Zinc Gold Eq. Silver Eq. 000s g/t 000 oz g/t 000 oz % M lbs % M lbs % M lbs g/t 000 oz g/t 000 oz Indicated 815 3.24 85 201.4 5,2

  11. Slide 11: Exploration Highlights

    Exploration Highlights Since late 2020, completed 63 holes & 19,645 m of drilling over a 2.5 km east-west trend Camp Vein • Drilling has returned bonanza-grade silver mineralization • Verified HG silver assays & unravel geological controls • Upcoming maiden resource expected in Q2 2022 New Sveinson

  12. Slide 12: Camp Vein Target

    Camp Vein Target Resource Target of +1.5M tonnes @ 500 g/t AgEq1 from the Camp Vein • 34 core holes (8,334 m) completed at the Camp and No. 3D Projections of Mineralization* 5 veins Vein extensions • 250 m strike-length tested to up to 200 m depth (to be modelled) • New 3D modelling outlines four ne

  13. Slide 13: Camp Vein latest Highlight Assays

    Camp Vein latest Highlight Assays Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) AuEq (g/t) AgEq (g/t) SQ21-032 30.6 32.0 1.4 0.1 1,097.0 0.2 0.5 2.2 16.2 1,218.0 SQ21-032 48.6 52.1 3.5 0.0 739.0 0.0 0.1 0.2 10.0 752.0 including 48.6 49.1 0.5 0.1 2,247.0 0.1 0.2 0.6 30.6 2,

  14. Slide 14: Low Sulphide Veins

    Camp Vein Target Low Sulphide Veins SQ21-034 48.55-48.85 m: 10,073 g/t Au, 0.17% Cu, 0.08% Pb, 0.34% Zn SQ21-049 131-131.3m: 3,235g/t Ag, 0.05% Cu, 0.64% Pb, 2.31% Zn equitymetalscorporation.com TSXV:EQTY / OTCQB:EQMEF 14

  15. Slide 15: High Sulphide Veins

    Camp Vein Target High Sulphide Veins SQ21-033 175.77-176 m: 2.1 g/t Au, 166g/t Ag, 0.04% Cu, 4.71% Pb, 9.26% Zn SQ21-051: 414.15-414.5 m: 2.0g/t Au, 172g/t Ag, 0.1% Cu, 4.5% Pb, 6.6% Zn equitymetalscorporation.com TSXV:EQTY / OTCQB:EQMEF 15

  16. Slide 16: Sveinson Extension

    Sveinson Extension • Completed 12 core holes (4,725.6 m) testing the Sveinson Extension eastward from the Camp Vein target; one hole totaling 402 m tested the Camp Vein; assays pending • Vein corridor as projected is +200 m wide and 1,000 m strike-length • Confirmed down-dip and lateral extensions o

  17. Slide 17: No. 3 Vein

    No. 3 Vein Drilling has identified high-grade gold-silver mineralization at shallow depths • Completed 15 core holes (6,285 m) testing three different target areas • Limited historic drill testing below 300 m depth High-Grade Gold-Silver Intercepts ✓ 0.4 m grading 20.2 g/t AuEq within 1.6 m averagin

  18. Slide 18: Monument & WO Project Highlights

    Monument & WO Project Highlights Proven diamond-bearing kimberlites in a superior diamond-producing district in the NW Territories Monument Project • 57.49%-owned (operator), 3,082 ha property within the Lac de Gras cluster, 40 km from both the Diavik and Ekati Mines • 310 km north of Yellowknife, N

  19. Slide 19: Comparable Company Analysis

    Comparable Company Analysis EV/Resource Multiples of Silver-Focused Explorers/Developers Trading at C$0.30/oz AgEq, which represents a 63% discount to the average of silver-focused explorers/developers $3.81 $3.02 $2.03 $1.72 $0.97 Average: $0.83/oz AgEq $0.68 $0.57 $0.55 $0.48 $0.48 $0.45 $0.37 $0.

  20. Slide 20: Questions?

    Contact 1100 - 1199 West Hastings Street Vancouver, BC Canada V6E 3T5 Questions? Phone: (604) 641-2759 Email: ir@mnxltd.com TSXV:EQTY / OTCQB: EQMEF equitymetalscorporation.com

Equity Metals — Investor Presentation (February 2022) on 6ix