Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (July 2021)
33 slides from Maple Gold Mines's investor presentation, Jul 16, 2021
Slide 1: Corporate Presentation July 2021
CORPORATE PRESENTATION JULY 2021
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: Investment Highlights
INVESTMENT HIGHLIGHTS Located in Strategic Major Company Established Robust Balance Strong Quebec’s prolific Partnership Management & Gold Resource Sheet Institutional Abitibi Greenstone with Major Board and Past Shareholders Belt Producer Producer 2.77Moz Au Resource + De t o u r La ke Go ld M in e
Slide 4: Why Quebec Rocks
WHY QUEBEC ROCKS Top Mining Jurisdiction: Consistently 1 ranked top 10 global mining jurisdiction.* 2nd largest gold producing province in 2 Canada: 35% of total production in 2019. M&A Hotspot: +$12 Billion in gold 3 transactions since 2013. Abitibi Greenstone Gold Belt Low-Cost Exploration: Signif
Slide 5: Remarkable Geological Setting
REMARKABLE GEOLOGICAL SETTING 5 5 PAGE
Slide 6: Exceptional Infrastructure Access
EXCEPTIONAL INFRASTRUCTURE ACCESS 2.5-hour drive north of Val d’Or, Quebec along paved 2-lane provincial highway (Hwy #109), which runs through the property Next to 1 of 6 major power lines in the province 55 km SW of Matagami with skilled labour, local airport and rail access Douay covers ~
Slide 7: 50-50 Partnership with Agnico Eagle
50-50 PARTNERSHIP WITH AGNICO EAGLE NO. 1 GOLD PRODUCER IN CANADA & TOP 10 GOLD PRODUCER WORLDWIDE. Takes extremely conservative and measured approach to investments and asset acquisition. JV Definitive Agreement signed February 2021 MGM’s Douay Project and Agnico’s Joutel Project consolidat
Slide 8: Key Management & Advisors
KEY MANAGEMENT & ADVISORS Matthew Hornor Gregg Orr Joness Lang Kiran Patankar Fred Speidel David Broughton President & CEO CFO Executive VP SVP Growth Strategy VP Exploration Technical Advisor Extensive expertise in CPA with extensive B.Com/Finance 12 years of senior 30+ years exploration
Slide 9: Board of Directors
BOARD OF DIRECTORS Sean Charland Matthew Hornor Gérald Riverin Michelle Roth Maurice Tagami Chairman President & CEO, Director & Technical Director Director & Technical Director Advisor Advisor • Capital markets 10+ years Executive • Internationally • Entrepreneur and business • Technical Ambassad
Slide 10: Two Gold Projects – Established Resource & Past Producer
TWO GOLD PROJECTS – ESTABLISHED RESOURCE & PAST PRODUCER DOUAY GOLD PROJECT JOUTEL GOLD PROJECT Third Largest Undeveloped Gold Resource in Quebec Host of Agnico’s historical Telbel Mining Camp Indicated: 8.6Mt @ 1.52 g/t Au for 422Koz Au Past production of 6.2 Mt at 6.5 g/t Au for total of 1.15 Moz
Slide 11: Douay Project - Established Gold Resource
DOUAY PROJECT - ESTABLISHED GOLD RESOURCE • 2% NSR to Maple Gold over entire 357 km2 property package • 1% NSR to IAMGOLD on 11.9 km2 portion of property (covers only134k oz of resource) • 2017 Metlabs metallurgical results: Gold recovery via gravity followed by flotation averaged 89% (see appendix)
Slide 12: Significant Resource Expansion Potential
SIGNIFICANT RESOURCE EXPANSION POTENTIAL Significant resource expansion potential across large 6 x 2 km resource area Similar scale as Canadian Malartic – largest gold mine in Canada Douay mineral resource occurs along major lithotectonic boundary (Casa Berardi North Fault) Sediments on the no
Slide 13: 2020 Step-Out Drill Program
2020 STEP-OUT DRILL PROGRAM Winter 2020 Step-Out Drill Success: 11 of 14 holes intersected higher-than-deposit average grade gold mineralization, indicating significant resource expansion potential at multiple zones such as Porphyry and NW. Porphyry Zone Cross Section NW Zone Cross Section RPA 2019
Slide 14: Winter 2021 JV Drill Campaign
WINTER 2021 JV DRILL CAMPAIGN Maiden JV drill program with Agnico Eagle consisting of ~10,000 m in 22 holes aimed at expanding resources and making new discoveries. Results from 6 holes reported to date (highlighted in yellow on map): First hole from DW Zone (Hole DO-21- 294) intersected 15m @
Slide 15: 2021 Drill Program Success – DW Zone
2021 DRILL PROGRAM SUCCESS – DW ZONE Winter 2021 Maiden JV Drill Program with Agnico Eagle: designed to expand the existing Douay mineral resource by both step-out and discovery drilling as well as to upgrade resources with several infill holes. • First hole from DW Zone (Hole DO-21-294) intersected
Slide 16: 2021 Drill Program Success – Nika Zone
2021 DRILL PROGRAM SUCCESS – NIKA ZONE Results returned 132 m of 1.58 g/t Au – one of the best grade-thickness intercepts ever encountered at Douay. N-S cross section looking west, 25m corridor either side, showing >0.45 g/t Au blocks from RPA 2019 model. Blocks >1 g/t Au highlighted in red. Possibl
Slide 17: 2021 Drill Program Success – 531 Zone
2021 DRILL PROGRAM SUCCESS – 531 ZONE Results from four step-out holes indicate the potential for additional gold resources to be added beyond the current 2019 RPA 531 Zone underground mineral resource with additional step-out drilling. Plan map on first vertical derivative airborne magnetics with N
Slide 18: Significant Depth Extension Potential at Douay
SIGNIFICANT DEPTH EXTENSION POTENTIAL AT DOUAY Average vertical drill depth at Douay less than 400 metres Mines in the Abitibi famous for vertical continuity Casa Berardi, Goldex and Canadian Malartic mines all have known resources/mineralization down to 1,500-2,000 metres* Per RPA, potentia
Slide 19: Joutel Project – High-Grade Past Producer
JOUTEL PROJECT – HIGH-GRADE PAST PRODUCER 39 km2 land package located directly south of Douay; 1vended into the JV by Agnico Hosted one of Agnico's first gold operations, producing ~1.15Moz of gold between 1974 and 1993 Historical mining at the Telbel mine had focused on exploitation of a sing
Slide 20: Joutel Project – Untapped High-Grade Potential
JOUTEL PROJECT – UNTAPPED HIGH-GRADE POTENTIAL Plan View No exploration has been conducted at the Telbel mine area for nearly 30 years. Minimal exploration work conducted in 2011-2012 focused on areas >1.6 km to the east of Telbel mine. Potential for near-surface, higher-grade mineralization a
Slide 21: Targeting the Next Major Abitibi Gold Camp
TARGETING THE NEXT MAJOR ABITIBI GOLD CAMP Maple Gold’s goal is to establish a new multi-million (+5Moz) gold camp in the heart of the Abitibi In addition to growing resources at Douay and rediscovering the Telbel mine at Joutel, the JV’s ~400 km2 property hosts multiple highly prospective gold disc
Slide 22: Major Catalysts - FY2021
MAJOR CATALYSTS - FY2021 H1/2021 H2/2021 Sign Definitive JV Agreement with Agnico Eagle Douay: Winter 2021 Drill Program Results Douay: Fall 2020 Drill Program Results Douay: 3D Model and Resource Optimization Douay: Complete IP & Winter 2021 Drill Programs Douay: Updated NI43-101 Resour
Slide 23: Capital Structure, Financial Position & Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION & OWNERSHIP As of July 16, 2021 Share Ownership Mix Shares Outstanding 321.4M 2.7% Warrants1 56.9M 12.1% Options2 23.8M Management/Insiders/Closely Related Fully Diluted 404.9M 44.2% Agnico Eagle Mines 52-week high/low share price $0.56-$0.13 Market Capitalizati
Slide 24: Why Invest in Maple Gold Mines?
WHY INVEST IN MAPLE GOLD MINES? PAGE 24
Slide 25: Contact Information
CONTACT INFORMATION Shirley Anthony - Director, Corporate Communications E-mail: santhony@maplegoldmines.com Phone: 778-999-2771 PAGE 25
Slide 26: Largest Mines in Abitibi
LARGEST MINES IN ABITIBI 26 26 PAGE
Slide 27: The Canadian Hub for Mining
THE CANADIAN HUB FOR MINING The Abitibi belt stretches from Wawa in Ontario to Chibougamau in Quebec – two of Canada’s top mining jurisdictions and hotbed for M&A activity. MAPLE GOLD 27 27 PAGE
Slide 28: Quebec Abitibi M&A Activity
QUEBEC ABITIBI M&A ACTIVITY The Region has Produced more than ~$12B in M&A Activity since 2013 28 28 PAGE
Slide 29: Douay Exploration/Corporate History
DOUAY EXPLORATION/CORPORATE HISTORY • Douay was staked in 1976 and initially explored for higher-grade underground resources. • Bulk tonnage potential first outlined in 2004-05 • Project acquired by Aurvista Gold Corporation in late 2010 and name changed to Maple Gold in late 2017 during management/
Slide 30: The Path Forward to Value Creation
THE PATH FORWARD TO VALUE CREATION Company Year Drill Holes Total Metres Cumulative Drill Holes Inco, SOQUEM and Aurizon 1976 to 1999 468 122,906 468 Vior 2004 to 2010 107 32,785 575 Aurvista/MGM 2011 to 2021 286 111,184 861 TOTAL 1976 to 2021 861 266,875 861 • Substantial drill core library well-ar
Slide 31: RPA Resource Breakdown by Zone
RPA RESOURCE BREAKDOWN BY ZONE Mineral Resources at Douay Deposit per Zone as of October 23, 2019 PAGE 31
Slide 32: Preliminary Metallurgical Results
PRELIMINARY METALLURGICAL RESULTS Preliminary gravity/flotation test on Douay samples • 2017 Metlabs Study: samples were evaluated with direct cyanidation, flotation and gravity recovery methods. Results were as follows: • Average gold gravity recovery was 26% • Average whole ore leach recovery was
Slide 33: Regional Exploration – NE IP & P8 Targets
REGIONAL EXPLORATION – NE IP & P8 TARGETS Northeast IP Target (NE IP Target) P8 Target Simplified geology map and structural context showing Douay resource conceptual pits Simplified geology map with structural context showing Douay resource conceptual pits and the NE IP Target area as a chargeabili