Metal Energy Corp · TSXV:MERG
Metal Energy — Investor Presentation (May 2022)
23 slides from Metal Energy's investor presentation, May 12, 2022
Slide 1: Canadian Nickel & Green Energy Metals
CANADIAN NICKEL & GREEN ENERGY METALS INVESTOR PRESENTATION / Q2 MERG: TSXV MERG: TSXV
Slide 2: Forward Looking and Cautionary Statements
Forward Looking and Cautionary Statements WE ARE IN THE MINERAL EXPLORATION AND DEVELOPMENT BUSINESS. IT IS INHERENTLY RISKY, AND ALL INVESTORS SHOULD BE KEENLY AWARE OF THIS This presentation contains forward-looking statements. All statements, other than of historical fact, that address activities
Slide 3: Asset Package: Manibridge Mine
Metal Energy | ASSET PACKAGE MANIBRIDGE MINE Thompson, Manitoba • Completed Phase 1 drilling • 6 drill holes for 2,350 metres • All drill holes intersected Ni-Cu sulphide mineralization • 10,000 m drill program planned for June • Permits received for 100,000 metres of diamond drilling over 3 years 3
Slide 4: Manibridge Mine | Ni-Cu in Thompson Nickel Belt
Manibridge Mine | Ni-Cu IN THOMPSON NICKEL BELT Formerly owned by Falconbridge and mined from 1971 to 1977, Produced 1.3M tonnes @ 2.55% nickel & 0.27% copper to a depth of 381 metres Located in the Thompson Belt, one of the world’s richest nickel districts High-tenor, high-grade nickel mineralizati
Slide 5: Manibridge Mine | Near-Term Exploration Plan
Manibridge Mine | NEAR-TERM EXPLORATION PLAN 10,000 METRE DRILL PROGRAM & ESTABLISH A MINERAL RESOURCE Drill program is planned, permits have been received, expected to start early June Upper 300 m of mineralized envelope remains largely untested Targeting high-grade, high tenor sulphide nickel zone
Slide 6: Manibridge Mine | Leapfrog Model
Manibridge Mine | LEAPFROG MODEL POTENTIAL HIGH-GRADE Ni SHOOTS Untested potential below 300 m (dashed black line) Selected Historic Drill Intersections on Manibridge Hole From Number Location (m) To (m) Interval (m) %Ni %Ni*m 6-60 Underground 33.83 75.59 41.76 1.80 75.02 W50-39 Mined 98.45 163.98 6
Slide 7: Manibridge Mine | 2022 Phase 1 Drill Results
Manibridge Mine | 2022 Phase 1 Drill Results MNB004 MNB006 MNB005 MNB003 MNB002 MNB001 LEGEND Manibridge nickel mineralization shell (0.1% Ni cutoff) Historic drill hole pierce points Metal Energy 2022 drill holes Metal Energy 2022 pierce points DDH Target Area East North Elevation Az. Dip EOH hXRF
Slide 8: Manibridge Mine | 2022 Phase 1 Drill Results
Manibridge Mine | 2022 Phase 1 Drill Results Massive Net-Textured and Brecciated Sulphides (MNB001 at 269.0 m depth) 8 MERG: TSXV
Slide 9: Geology and Exploration Targets
Manibridge Mine |and Geology Greenfield Exploration Exploration Potential Targets Brownfield = Manibridge Mine & Manibridge North Greenfield Greenfield = similar geology and Brownfield geophysical anomalies to Brownfield deposits, relatively untested with diamond drilling, potential for multiple hig
Slide 10: Exploration Potential | Numerous High-Grade Zones
Exploration Potential | Numerous High-Grade Zones Manibridge North deposit, ~3 km NE along the Manibridge trend, 2019 drill results FROM LENGTH HOLE ID TO METRES Ni % Cu % Co % METRES METRES 19MB01 131.00 132.25 1.25 3.33 0.16 0.04 and 135.55 141.00 5.45 1.05 0.13 0.01 19MB02 128.05 134.60 6.55 2.75
Slide 11: Asset Package: Strange Project
Metal Energy | ASSET PACKAGE STRANGE PROJECT Thunder Bay, Ontario 11 MERG: TSXV
Slide 12: Strange Project | Location
Strange Project | LOCATION 12 MERG: TSXV
Slide 13: Strange Project | Near-Term Exploration Plan
Strange Project | NEAR-TERM EXPLORATION PLAN EXPLORING FOR A NEW NICKEL DISTRICT - DRILL TEST OUR THESIS Initial drill program with 1 DDH is complete, results expected in May Drilling tested interpreted geological formations within the Midcontinent Rift System If our hypothesis is correct Strange co
Slide 14: Strange Project | A District-Scale Ni-Cu-PGE Project
Strange Project | A DISTRICT-SCALE Ni-Cu-PGE PROJECT Initial evidence is the strong geophysical magnetic pattern we see in the basin Exploring for mafic/ultramafic sills/dykes within the sedimentary basin which are hypothesized as the source rocks for the strong magnetic anomalies Magnetic data was
Slide 15: Exploration Plan 2022
Exploration Plan 2022 Q1 Q1 Q2 Q3 Q4 ‘23 Manibridge Manibridge Manibridge Complete – 2,350 metres 10,000 metres diamond drilling anticipated to Results expected diamond drilling start end of May/early June 10,000 metres diamond (6 drill holes) Project-wide airborne geophysical MT survey drilling ant
Slide 16: Metal Energy | Corporate Overview
Metal Energy | Corporate Overview Key Metrics Board & Management TSX Venture MERG: TSXV James Sykes CEO Shares Outstanding 83.0 M Stephen Stewart Chairman Warrants and Options 24.1 M Charles Beaudry Director Share Price (2022/05/02) (CAD) $0.12 Alexander Stewart Director Mike Sweeny VP Exploration B
Slide 17: Shareholder Upside Potential: Comparison with Other Ni-Cu-PGE Companies
Shareholder Upside Potential Comparison with Other Ni-Cu-PGE Companies CURRENT MARKET COMPANY LOCATION RESOURCE CAPITALIZATION* 4Mt (Ind.) @ 2.62 Ni Eq Talon Metals Corp Duluth, Minnesota $500 M 7Mt (Inf.) @1.57 Ni Eq 657Mt (M&I) @ 0.26% Ni Canada Nickel Company Timmins, Ontario $250 M 646Mt (Inf.)
Slide 18: The Metal Energy Supercycle is on the Horizon
The Metal Energy SUPERCYCLE is on the Horizon Any material reduction of Carbon / Fossil Fuels will require Trillions in investment in the discovery of and supply chain for Green Energy Metals… there is no other viable alternative Nickel for Energy Storage Copper for Energy Transport Uranium for Ener
Slide 19: Electric Vehicles Will be the Future Driving Force for Demand
Electric Vehicles Will be the Future Driving Force for Demand BATTERY BOOST Demand from electric vehicle batteries will spur a group of metals Nickel 14.0x Aluminum 14.0 Phosphorus 13.0 Iron 13.0 Copper 10.0 Graphite 10.0 Lithium 9.0 Cobalt 3.0 Manganese 3.0 2019 v 2030 demand growth 19 MERG: TSXV
Slide 20: Nickel Spot Price (USD per Tonne)
MERG: TSXV USD per Tonne $14,000 $15,000 $16,000 $17,000 $18,000 $19,000 $20,000 $21,000 $22,000 $23,000 Nov-20 Nov-20 Dec-20 Dec-20 Jan-21 Jan-21 Feb-21 Feb-21 Ma r-21 Ma r-21 Apr-2 1 Apr-2 1 Ma y-21 Ma y-21 Jun-21 Jun-21 Broke Key Support Level of $19,800 Jul-21 Jul-21 Nickel Spot Price Year to Da
Slide 21: Metal Energy Part of Ore Group
Metal Energy Part of Ore Group consists of in-house technical and financial expertise & is focused on premier jurisdictions & on metals with strong, long-term fundamentals METAL ENERGY AMERICAN EAGLE GOLD MERG: TSXV AE: TSXV Nickel exploration, discovery & Brand new Nevada focused gold development e
Slide 22: Board & Management
Board & MANAGEMENT JAMES SYKES STEPHEN STEWART CHARLES BEAUDRY CEO CHAIRMAN DIRECTOR • 15 years of experience in the resource and • Geologist with more than 35 years of experience • 15 years of experience in exploration finance industries and discovery across the globe • Focused on the M&A, explorat
Slide 23: Metal Energy Videos and Contact
Metal Energy Videos: www.metalenergy.ca Click Here Twitter LinkedIn YouTube jsykes@oregroup.ca 306-221-8717 MERG: TSXV