Slide 1: Advancing the High-Grade Pickle Crow Project in Ontario, Canada
ADVANCING THE HIGH-GRADE PICKLE CROW DARREN COOKE PROJECT IN ONTARIO, CANADA CHIEF OPERATING OFFICER 2.2 Moz of Gold at 7.8g/t and Growing Rapidly 15 FEBRUARY 2022 | ASX: AUT
Slide 2: Disclaimer & Cautionary Statements
DISCLAIMER & CAUTIONARY STATEMENTS DISCLAIMER This presentation has been prepared by Auteco Minerals Limited (the Company) based on information from its own and third party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submis
Slide 3: Introduction to Auteco
INTRODUCTION TO AuTECO Canadian focused ASX-listed explorer with one of the highest grade +2Moz Resources GOLBALLY and an exceptional growth trajectory Tier 1 Location and an asset with a long Asset & Location history of high-grade production 1.5Moz @ 16.1gpt gold between 1935 & 1966 The Resource st
Slide 4: Corporate Overview
CORPORATE OVERVIEW A Canadian-focused ASX listed company with one of the highest grade +2 Moz Resources Globally CAPITAL STRUCTUR E ASX Code AUT Current Market Cash Shares on issue 1.7B Share Price1 Capitalisation1 Position2 Unlisted options & performance 366M A$0.097 ~A$164M ~A$10.5M rights Top 20
Slide 5: Board & Management Team
BOARD & MANAGEMENT TEAM A leadership team with management DNA and experience in some of the most successful resource sector stories in the past decade, including Bellevue Gold and Northern Star • 27 years experience working in the investment banking • Geologist with 25 years’ experience having previ
Slide 6: Canada & Ontario – The Investment Case
CANADA & ONTARIO – THE INVESTMENT CASE A true tier 1 mining location in every definition of the term JURISDICTIO N ONTARIO IS HOME TO MAJOR GLOBAL GOLD PRODUCERS Including Barrick, Newmont, Agnico-Eagle, Kirkland Lake, Evolution • Canada is one of the best mining locations globally Fraser Institute
Slide 7: Pickle Crow Asset Overview
PICKLE CROW ASSET OVERVIEW Exceptional location in a Tier 1 mining jurisdiction, Pickle Crow is an asset with a long history of producing high grade gold • Tier 1 Jurisdiction of Ontario, Canada Asset • ~400km North of Thunder Bay (pop. ~110k) Location Tenure & • 500km2 of tenure under management Ow
Slide 8: Pickle Crow Asset Overview
PICKLE CROW ASSET OVERVIEW Excellent surface infrastructure and low capex startup options provide a great foundation to build a mine PROCESSING PLANT HYDRO POWER GREEN ENERGY • The First-Nation owned • A 225 tonne per day Wataynikaneyap hydro (80kt p.a.) processing power project line runs plant is p
Slide 9: Pickle Crow Geological Setting
PICKLE CROW GEOLOGICAL SETTING World-class setting in the prolific Superior Craton CONTINENT TECTONIC ELEMENT PROVINCE REGION DEPOSIT Laurentia Pickle Lake Pickle Crow North Uchi Sub- Superior Greenstone & Central America province Craton Belt Patricia BASEMENT GEOLOGY OF THE WESTERN SUPERIOR CRATION
Slide 10: Two Distinct Styles of Mineralisation
TWO DISTINCT STYLES OF MINERALISATION Bulk and narrow mineralisation styles have the potential to provide future operational flexibility • Overlooked in previous exploration activities 2021 DRILL ALTERATION HIGHLIGHTS • Broad zones of sulphide mineralisation (to +20m) (BIF) HOSTED • 20.4m @ 5.3 g/t
Slide 11: Rapid & Low-Cost Resource Growth
RAPID & LOW-COST RESOURCE GROWTH A sustained history of creating shareholder value with smart investment in the drill bit RESOURCE ESTIMATE AT 31 DECEMBER 2021 31 Dec 2021 2.5Moz 2.23Moz OPEN + 514,000 ounces 2.0Moz 30 June 2021 1.71Moz Inferred Resource (JORC 2012) + 711,000 ounces 1.5Moz 1 Sept 20
Slide 12: Globally Significant Resource Grade
GLOBALLY SIGNIFICANT RESOURCE GRADE GR ADE DISTRIBUTIO N OF TIER 1 +2MOz RESOURCES (Exclusive of Reser ve) 6 Resource Grade (g/t gold) 16.0 14.0 • There are 130 Resources (exc. RSV) that are +2Moz in Can, US & Aust 12.0 PICKLE CROW 10.0 Global Resource • Only 18 of these have grades >4g/t 8.0 7.8g/t
Slide 13: Exploration & Growth
EXPLORATION & GROWTH Exceptional progress across all areas of the project pipeline in 2021, setting the platform for 2022 GENER ATI VE DISCOVERY RESOURCE GROW TH OBJECTI VES • First-pass drill testing of • Continued step out and exploration • Mapping and reconnaissance rock in the near mine area chi
Slide 14: The Tyson Discovery
THE TYSON DISCOVERY A B A new vein system that breaks the paradigm - 750’ Level Existing Workings AUDD0152: fr 483.2m 4.9m @ 7.5 g/t Au AUDD0178: fr 514.05m 4.85m @ 4.7 g/t Au AUDD0184: fr 455m 0.5m @ 88.7 g/t Au AUDD0152: fr 546m AUDD0173: fr 566.5m 1m @ 30.1 g/t Au 5.5m @ 4.1 g/t Au and 2.8m @ 17.
Slide 15: Exceptional Growth Potential Beyond the Resource
EXCEPTIONAL GROWTH POTENTIAL BEYOND THE RESOURCE Only a fraction of the camp-scale potential has been adequately tested TARP LAKE 2.5Moz 31 Dec 2021 4.6m @ 7.2g/t Au from 76.9m 2.23Moz 36.0m @ 1.5g/t Au from 158m 100% AUT KAWINOGANS Inferred Resource (JORC 2012) 23.5m @ 1.4g/t Au from 196m 2.0Moz 30
Slide 16: Forward Work Plan
FORWARD WORK PLAN Continuing to advance and grow Pickle Crow at all levels Complete works and long KEY OBJECTI VES (Jan-July 2022) lead time items that Pathway to advance the project • Continue permitting to Advanced Exp Production towards production in • Option study to access UG for infill drillin
Slide 17: Auteco – A Compelling Investment Opportunity
AuTECO – A COMPELLING INVESTMENT OPPORTUNITY In Summary AuTECO has built a strong platform for future growth, having advanced the historic Pickle Crow gold project to be one of the highest-grade emerging +2Moz Resources Globally Work will continue to explore, define and grow the asset LOCATION THE A
Slide 18: Contact details
Ground Floor, 24 Outram Street, West Perth WA 6005 | T: +61 8 9220 9030 E: info@autecominerals.com W: www.autecominerals.com | ASX: AUT
Slide 19: Appendicies – Pickle Crow Acquisition
APPENDICIES – PICKLE CROW ACQUISITION Earn up to 80% - First Mining Gold Inc. Earn-in Details7: COMMENCEMENT (0%): STAGE 1 EARN-IN (51%): STAGE 2 EARN-IN Auteco paid C$50,000 to First Mining (TSX: • Spending C$5,000,000 (UP TO 70%): FF) on signing binding over three years • Auteco to spend a compris