1911 Gold Corp. · TSXV:AUMB
1911 Gold — Investor Presentation (October 2020)
28 slides from 1911 Gold's investor presentation, October 2020
Slide 1: Reimagining the Historic Rice Lake Gold Camp
Reimagining the Historic Rice Lake Gold Camp TSX-V: AUMB 1911gold.com
Slide 2: Forward Looking Statement
1911gold.com TSX-V: AUMB Forward Looking Statement DISCLAIMER The information provided in this presentation is not intended to be a comprehensive review of all matters concerning 1911 Gold Corporation ("1911 Gold" or, the "Company") and should be read in conjunction with all other disclosure documen
Slide 3: About Us
1911gold.com TSX-V: AUMB About Us Top Tier Exploration & Mining Jurisdictions Experienced Management & Technical Team A junior gold producer leading the next Manitoba & Ontario: Regional expertise and proven generation of precious metals mining friendly, with track record of developing proven region
Slide 4: Corporate Strategy
1911gold.com TSX-V: AUMB Corporate Strategy E X P L O R AT I O N INFRASTRUCTURE REVENUE CREDITS Systematically Leverage existing Minimize dilution with Over $69M in identify and define a infrastructure to quickly revenue from tailings assessment credits and Tier-1 gold resource advance new discoveri
Slide 5: Focused on High-Grade Gold Exploration
1911gold.com TSX-V: AUMB Focused on High-Grade Gold Exploration Why the Rice Lake Belt? Regional Geology Consolidation Underexplored Infrastructure Management Well-defined accretionary Historically fragmented Previous work had narrow Easy access to all Management technical margin (orogenic Au land p
Slide 6: Regional Setting
1911gold.com TSX-V: AUMB Regional Setting (Red Lake, Cochenour) Located in the Birch-Uchi geological (Madsen) domain – Tier 1 in Canada in terms of total gold endowment (Dixie) Classic Archean greenstone belt o Diverse favourable host rocks Red Lake-equivalent geology o Comparable 300-million-year h
Slide 7: Consolidating the Rice Lake Belt
1911gold.com TSX-V: AUMB Consolidating the Rice Lake Belt Land Position Historically fragmented Consolidation since 2011: San Gold acquired Wildcat (2011) San Gold acquired Strikepoint (2012) San Gold acquired Cougar (2013) Klondex acquired San Gold (2016) Klondex acquired Bison Gold (2017) 1911 Gol
Slide 8: Exploration Methodology
1911gold.com REGIONAL STRUCTURE TSX-V: AUMB Exploration Methodology Science-based prediction/detection strategy Systematic, disciplined approach Well-managed, cost-effective execution MERGED AND LEVELED HR AM AG Definition of Prospective Areas o Interpretation of regional aeromagnetic & o Compositio
Slide 9: Advancing To Discovery
1911gold.com TSX-V: AUMB Advancing To Discovery Exploration Resource Criteria for Delineation Stages Advancement LEGEND Advanced Advanced Continuity? Modeling Drilling Active Projects: Preliminary B, T Bidou (B) First-Pass Confirmation? Modeling Currie’s Landing (C) Drilling Scale? Gold Horse (G) H,
Slide 10: Bidou & Tinney Projects
1911gold.com TSX-V: AUMB Bidou & Tinney Projects Highly-prospective Setting o Excellent host rocks o Regional-scale anticline o Kilometre-scale shear structures o High-grade gold showings o Underexplored, with minimal previous drilling Compelling evidence of a robust, kilometres-scale, mineral syste
Slide 11: Bidou Project
1911gold.com TSX-V: AUMB Simplified Geological Maps Shown at Same Scale Bidou Bidou Project Project Analogous to the True North Gold Mine (+2M oz. produced) based on the following criteria: Geology: o Layered gabbro sills, basalt flows, interflow sediments o Felsic porphyry intrusions & flows Struct
Slide 12: Bidou Project
1911gold.com Drillhole BL-20-002: 2.17 g/t Au over 12.2 m (174.0 to 186.2 m) TSX-V: AUMB inc. 3.70 g/t Au over 3.1 m (174.0 to 177.1 m) Bidou and 10.70 g/t Au over 0.9 m (178.2 to 179.1 m) Project Phase I Exploration Drilling Program (Q4 2019 - Q1 2020) o First-pass drilling of 4 targets o Several p
Slide 13: Tinney Project
1911gold.com TSX-V: AUMB Tinney Tinney Project Project Similar geological characteristics to the Sigma-Lamaque (10M oz. Au) Simplified Geological Maps and Kalgoorlie (60M oz. Au) deposits Shown at Same Scale based on the following criteria: Geology: o Gabbro sills, basalt flows, cherts Deposit o Fel
Slide 14: Tinney Project
1911gold.com TSX-V: AUMB Tinney 0.64 g/t Au over 5.6 m Drillhole TS-20-003: 26.42 g/t Au over 2.0 m (157.0 to 159.0 m) Project inc. 50.85 g/t Au over 1.0 m (157.5 to 158.5 m) 37.65 g/t Au over 0.5 m Phase I Exploration Drilling Program 4.29 g/t Au over 3.95 m (Q42019 - Q12020) o First-pass drilling
Slide 15: Exploration Program
1911gold.com TSX-V: AUMB Exploration New High-Grade Showings with up to 858 g/t Au from Grab Samples Program Driving Shareholder Value: Systematic field exploration Beresford Lake Anticline Woodchuck Target R12153 11.1 g/t Au 304 R12160 858.2 g/t Au R12170 21.2 g/t Au Edna/Otter Target Victor Target
Slide 16: Exploration Program
1911gold.com Tinney and Bidou projects TSX-V: AUMB Exploration Program Driving Shareholder Value: Phase II Exploration Drilling Commenced Nov 1, 2020 12,000 metres of drilling o 7,000 m follow-up @ Tinney o 4,000 m follow-up @ Bidou o 1,000 m first-pass drilling on new targets generated in 2020 Full
Slide 17: Exploration Program
1911gold.com Horseshoe, Wanipigow East and Poundmaker projects TSX-V: AUMB Exploration Program Driving Shareholder Value: Phase II Exploration Drilling Commencing Dec, 2020 6,000 metres of drilling o 3,000 m first-pass @ Horseshoe o 1,000 m first-pass @ Wanipigow E. o 2,000 m first-pass @ Poundmaker
Slide 18: Tailings Reprocessing
1911gold.com TSX-V: AUMB Tailings Reprocessing Cashflow to fund overhead and minimize dilution LEGEND Sales $11.2M Oz Sold $11.2M $10.9M Cashflow $6.4M 4,997 $5.4M 5,713 4,819 3,285 3,969 $1.6M $3.5M $2.1M $2.1M* $0.2M* 2017 2018 2019 2020* 2021* 80,848 230,427 221,969 247,759 286,667 TONS TONS TONS
Slide 19: Capital Structure
1911gold.com TSX-V: AUMB Capital C A P I TA L S T R U C T U R E Well-funded To Execute Plans Cornerstone Strategic Structure Shares Outstanding Options (W. Avg Life – 3.7 years, $0.45) 46,395,730 3,988,334 Investor Strong Insider Support Warrants (W. Avg Life – 5.2 years) 2,990,233 Restricted Share
Slide 20: Strategic Infrastructure
1911gold.com TSX-V: AUMB Strategic Infrastructure True North Complex Fully Permitted: 1,300 tonnes per day mill and mine site infrastructure Significant Asset Value: +$200M replacement cost; reduced timeline from discovery to production Currently Generating Revenue: +$10M in revenue annually Undergr
Slide 21: Strategic Advantages
1911gold.com TSX-V: AUMB Strategic Advantages 1911 Gold Other Exploration Key Strengths Corporation Companies District scale exploration opportunity Condensed timeline to production Capital expenditures required LOWER HIGHER Currently generating revenue Robust exploration model, strategy and methodo
Slide 22: Leadership
1911gold.com TSX-V: AUMB Leadership RON SHAUN DR. SCOTT C L AY T O N HEINRICHS ANDERSON President & CEO CFO VP Exploration Over 40 years of experience in the mining Over 20 years of experience in senior Over 30 years of experience in government geoscience, industry operating in senior executive role
Slide 23: Why Invest in 1911 Gold?
1911gold.com TSX-V: AUMB Exploration and Mining District-Scale Friendly Jurisdiction Land Position Why Invest in 1911 Gold? Permitted Mill Complex and Tailings Facility Proven Regional Potential for World-class Au Deposits Clear Strategy Revenue Stream, Strong Understanding District-Scale Scope No D
Slide 24: IR@1911GOLD.COM
6 0 4 .9 00 .5 620 I R @ 1 9 11 G O L D . C O M Suite 1050, 400 Burrard Street Vancouver, British Columbia, Canada V6C 3A6 1911gold.com
Slide 25: Appendix
1911gold.com TSX-V: AUMB Appendix 25
Slide 26: District History
1911gold.com TSX-V: AUMB District Birth of a New Gold District o 1881: Gold discovered on Black Island History o 1890-91: First geological investigations o 1911: Rice Lake gold discovery Early Mine Developments Early days of exploration o 1927-1937: Central Manitoba mine o 1932-1968: Rice Lake (San
Slide 27: Exploration Model
1911gold.com TSX-V: AUMB Exploration Model Mineral Systems Concept (Source, Transport, Sink) Fluid Focusing: o Splays of crustal-scale break o Domains of low mean stress o High differential stress Local-scale structural controls: o Shear and hydraulic fracturing of competent rock-types o Structural
Slide 28: Other Properties
1911gold.com TSX-V: AUMB Other Manitoba Ontario Apex Project Tully Project Denton-Keefer Project Properties (100% owned) o Historical resource* (100% owned) (100% owned) Focus on Tier-1 (140k tonnes @ 3.3 g/t Au) o Stacked extension veins o Along projected in mafic tuff unit trend of PDF Mining Juri