Engold Mines Ltd. · TSXV:EGM
Engold Mines — Investor Presentation (August 2021)
30 slides from Engold Mines's investor presentation, Aug 13, 2021
Slide 1: Lac La Hache Project
Lac La Hache Project August 2021
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes "forward-looking statements and information” All such statements, other than statements of historical facts, that address estimated resource quantities, grades, locations, geometry and contained metals, possible future mining, exploration and dev
Slide 3: Lac La Hache
Lac La Hache Large project (280 km2) in a polymetallic porphyry Cu-(Mo)-Au-Ag District. Open Pit and Underground mining potential. • Excellent infrastructure, easy logistics • Large gold-rich alkalic porphyry copper systems • Skarn/CRD copper-magnetite-gold-silver zones • Two 43-101 Maiden Resource
Slide 4: Our Goals
Our Goals 1. Underground Potential Higher Gold grades within Aurizon Gold Deposit and related near-surface veins Significant >1% Copper within Spout Copper Deposit Significant >1% Copper over broad widths at G1 Copper Zone 2. Open Pit Mining Potential Low-grade, bulk-tonnage-porphyry-style mineraliz
Slide 5: Geology: Multiple Opportunities, Deposit Types
Geology: Multiple Opportunities, Deposit Types Magnetics: Strong Regional + Local Patterns Mid-Upper Triassic Nicola sedimentary and volcanic rocks host mineral occurrences related to intrusion of alkalic monzodioritic Peach Intrusions, subsequently intruded by Late Triassic to Early Jurassic diorit
Slide 6: Mineralized Corridor
Mineralized Corridor Numerous mineralized zones within large Alkalic Porphyry System, along a 10,000 m trend: • Gold-rich Au-Cu-Ag breccias (Aurizon Deposit, others) • Disseminated Cu-Au-Ag porphyry (Berkey-Ann North, others) Section View • Carbonate replacements (Spout, G1 Zone, (below) Nemrud). In
Slide 7: GOLD-Copper-Silver
GOLD-Copper-Silver Aurizon South Deposit occupies a steeply dipping structure, currently 400m along strike (open), >700m vertical depth (open). Ground Surface 3D Section Selected holes Looking along strike
Slide 8: Aurizon South Selected Assays
Aurizon South Selected Assays Hydrothermal breccia- hosted gold-silver-copper *All intervals shown are core lengths, as true widths are unknown 8
Slide 9: 2021 Updated Aurizon Resource
2021 Updated Aurizon Resource (OPEN) Notes: 1) The current Mineral Resource Estimate was prepared by Garth Kirkham, P.Geo., of Kirkham Geosystems Ltd. 2) All mineral resources have been estimated in accordance with Canadian Institute of Mining and Metallurgy and Petroleum (“CIM”) definitions, as req
Slide 10: Aurizon Gold-Quartz Veins
Aurizon Gold-Quartz Veins Aurizon MAIN quartz vein at surface Grab samples with visible gold and chalcocite assayed up to 178 gpt Au, 81 gpt Ag, 28 % Cu Aurizon MAIN quartz vein in drill core DDH16-56 DDH16-53 263 gpt Au, 91 gpt Ag, 1.7 % Cu over 0.1m 58 gpt Au, 116 gpt Ag, 3 % Cu over 0.9m
Slide 11: Aurizon 2018 Discovery
Aurizon 2018 Discovery 2018 detailed B-soil sampling produced several new gold anomalies within the western, hanging wall at Aurizon South, not directly associated with the MAIN Quart-VG vein. Prospecting found new quartz veins with high Au, Ag, Cu in grab samples from three locations, as shown belo
Slide 12: Aurizon 2018-2019 Shallow Drilling
Aurizon 2018-2019 Shallow Drilling Drilling in 2018/2019 (PG, 22 and 23 veins) confirmed the surface geochem results: AZS18-69 12.75 gpt Au, 7.5 gpt Ag, 0.27% Cu over 1.64 m AZS18-68 13.60 gpt Au, 12.60 gpt Ag, 1.87% Cu over 0.94 m Drilling confirmed vein orientations, cutting strong limonitic alter
Slide 13: G1 Copper Discovery
G1 Copper Discovery New Acquisition Tam Claims 2015 ground gravity test survey showed an anomaly over Spout and a larger anomaly to the southeast. This was drilled in 2016/17, resulting in the G1 Zone Discovery containing semi-massive magnetite, copper, gold and silver. 13
Slide 14: G1 Zone
G1 Zone 50 m step-out pattern, 30 holes to date Stratabound Horizontal 310-350m below surface Approximately 300 m NE-SW x 150 m NW-SE Max true thickness to date 43.5 m grading 1.31 % Cu, requires drill follow-up 2020 14
Slide 15: G1 Zone Selected Assays
EnGold = G1 Zone Selected Assays TSX-V: EGM ENVIRONMENT. ENGAGEMENT. GOLD. DDH From (m) To (m) Ag (g/t) Fe (%) AZS16-01 337.30 363.87 10.29 35.80 including] 343.00 357.00 12.34 36.40 416.00 421.66 5.07 19.70 including] 418.53 419.53 17.10 44.00 G17-03 307.00 313.00 2.20 7.98 337.30 359.00 5.96 30.06
Slide 16: G1 Zone Selected Assays
/EnGold — G1 Zone Selected Assays TSX-V: EGM ENVIRONMENT. ENGAGEMENT. GOLD. | DDH | From(m) [| To(m) | Interval(m) | Cu(%) | Au(e/t) | Ag(e/t) | Fe (%) G17-14_| 277.00 | 281.00 4.00 0.38 0.04 3.00 6.76 309.56 | 314.35 4.79 1.36 0.14 7.24 26.60 including] 311.00 | 313.65 2.6 1.97 0.20 10.82 34.95 Gi7
Slide 17: G1 – Spout Similarity
G1 – Spout Similarity Spout G1 Zone Yellow: Chalcopyrite Dull black: Magnetite Dark black: Tourmaline White: Carbonate Orange: K-feldspar Bladed Magnetite 17
Slide 18: Spout – G1 GAP AREA
Spout – G1 GAP AREA The 1800 m GAP between Spout and G1 remains largely untested, with only a few holes to date. But far more potential lies throughout the southern half of the project, where the Nicola carbonate- rich, potential skarn host lithology continues. 18
Slide 19: G1 – Spout IP Section
G1 – Spout IP Section Spout and G1 produced positive local ground gravity and Induced Polarization (IP) chargeability highs. 2018 drilling tested a continuation of the G1 IP anomaly, with success. DDH 18-42 intersected a “hybrid” mineralized zone, comprising narrow intervals of semi-massive magnetit
Slide 20: Summer 2018 Phase 2 Drilling in Spout - G1 Gap Area
EnGold TSX-V: EGM ENVIRONMENT. ENGAGEMENT. GOLD. EnGold Mines Ltd Lac La Hache Project Summer 2018 Phase 2 Drilling in Spout - G1 Discovery GAP Area Induced Polarization Modelled Data Selected Drill Targets Line 6200 Combined G1 Spout South Southeast Zone Zone Northwest PoedpeleArey = 230.34 20034 1
Slide 21: DDH GP18-42 was collared to test a chargeability anomaly
DDH GP18-42 was collared to test a deep chargeability and magnetic Section View anomaly southeast of the main G1 discovery area. Map View GP18-42 G1 Zone The hole intersected several narrow intervals of semi-massive magnetite- chalcopyrite replacements (4.8 m grading 1.6% Cu for example) typical of
Slide 22: Possible fluid/metal source intrusion east of G1
Does this deeper, “hybrid-looking” mineralization in DDH GP18-42 suggest a possible fluid/metal source intrusion east of G1? YES!! Our most recent drilling in 2020 has demonstrated structurally controlled alteration and mineralization related to the copper skarn/replacements within G1 Main Zone and
Slide 23: Spout & G1 Resources
Spout & G1 Resources Notes: • Prepared by SRK Consulting (Canada) Inc. • Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All figures are rounded to reflect the relative accuracy of the estimate. • Open pit Mineral Resources are reported at a cut-off grade
Slide 24: G1 Cross-Section
EnGold ENVIRONMENT. ENGAGEMENT. GOLD. G1 Cross-Section | Cross-section View (looking northwest) Plan View : LEGEND i GB overburden & | [EBD G1 Mineralized Zones . Drill Hole Trace 50 ne Azimuth 317 f 100___isa Source: SRK 2021 TSX-V: EGM 24
Slide 25: Spout Resource View
EnGold Spout Resource View TSX-V: EGM ENVIRONMENT. ENGAGEMENT. GOLD. | ev (2 Section Looking Southwest ‘Spout Mineralized Domains [Bf sonox_reoz [if sono1_Fe0s [Bi sonos_reos Bl sonoz_reos [) sonos_reos soNo4.-Fe04 sones_Febe [sos _reo SDS_FBO2 SDS_FB03 Topography _ Drill H es +611800 +5760500 45761
Slide 26: May 2021 New Resource Estimates
May 2021 New Resource Estimates
Slide 27: Our SIMPLIFIED Model
Our SIMPLIFIED Model …. The carbonate-bearing Nicola stratigraphy (“limestone”) extends across the Property, offering significant opportunity for additional skarn/replacement deposits similar to Spout (at surface) and G1 (at depth). The Nemrud copper (bornite) prospect may be emplaced within the sam
Slide 28: Share Structure
Share Structure Common Shares: 33,661,544 363,000 Stock Options: 263,000 $1.00 17-Mar-23 50,000 $1.00 14-Oct-23 50,000 $ 1.00 06-Jun-21 2,347,750 Warrants: 6,500 18,824 $1.20 24-Sep-21 $0.85 18-Dec-21 190,000 $0.70 19-Jun-22 11,550 $0.40 19-Jun-22 120,000 $0.70 30-Jun-22 5,250 $0.40 30-Jun-22 1,065,
Slide 29: Management
Management David H. Brett, President, CEO and Director David Brett, MBA, appointed October, 2014, brings to EnGold over 35 years of experience in the mining industry and public company management. David is the former President & CEO of Toronto Stock Exchange listed Cusac Gold Mines Ltd, a BC gold pr
Slide 30: Thank You!
Thank You! EnGold Mines Ltd. Tel: 604-682-2421 President & CEO, David Brett email: david@engold.ca 30