Murchison Minerals Ltd · TSXV:MUR
Murchison Minerals — Investor Presentation (March 2024)
27 slides from Murchison Minerals's investor presentation, March 2024
Slide 1: Discovering Energy Metals To Power the Future
2 0 2 4 Discovering Energy Metals To Power the Future C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 2: Forward-looking statement
2 0 2 4 The statements, maps and models in this presentation are based on Forward looking information involves known and unknown risks, uncertainties information currently available to Murchison Minerals Ltd. (the and other factors which may cause the actual results, performance or “Company”) and th
Slide 3: Meeting rapidly expanding demand for energy metals
To meet the rapidly expanding demand for energy metals, commitment, and expedited investment in exploration, mine development, and production is essential. We must look at stable jurisdictions for our future supply. Junior mining companies such as Murchison Minerals play a significant role in the di
Slide 4: Our Approach
OUR APPROACH 2 0 2 4 OUR PROCESS OUR PROJECTS OUR PEOPLE A P P R O A C H Discovery of energy metals in • BMK (Brabant-McKenzie) VMS Zn- Highly experienced board with the underexplored areas with camp scale Cu-Ag Project in Saskatchewan likes of JC Potvin and Don Johnson. potential – within the b
Slide 5: Murchison Overview
2 0 2 4 Murchison Overview O V E R V I E W Share Structure as of March 1, 2023 Common Shares 260,773,022 Insider and Strategic Investors ~50% O/S M I N E R A L S ’ Current Share Price CAD $0.04 Market Capitalization (Partially Diluted) CAD $7,823,000 52 Week High CAD $0.16 52 Week Low CAD
Slide 6: Project Snapshot: HPM and Brabant-McKenzie
HPM Ni-Cu-Co Project - Quebec 100% owned since 2019 Comprising ~950 km2 of continuous mineral claims Dominant land position with camp scale Ni-Cu-Co potential Brabant-McKenzie VMS Deposit Rail access within 8 km of project area, ~225 km to Port of – Saskatchewan Sept Iles 100% owned Nume
Slide 7: BMK | Saskatchewan
BMK | Saskatchewan P R O J E C T Zn-Cu-Ag-Pb-Au Project B M K M I N E R A L S ’ M U R C H I S O N C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 8: BMK | 100% Owned | VMS Project
2 0 2 4 BMK | 100% Owned | VMS Project Located in northeast Saskatchewan approximately 170 km north-east of P R O J E C T La Ronge Excellent Infrastructure Maintained road on the property – Saskatchewan HWY 102 B M K Existing power-lines running through project site M I N E R A L S ’ Proje
Slide 9: BMK | Location
BMK | Location 2 0 2 4 P R O J E C T B M K M I N E R A L S ’ M U R C H I S O N Ruttan VMS mine produced 55 million tonnes grading 1.23% Cu and 1.41% zinc and the Fox VMS mine produced 12 million tonnes grading 1.82% Cu and 1.78% Zn C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 10: BMK | BMC Deposit Model
BMK | BMC Deposit Model 2 0 2 4 P R O J E C T B M K M I N E R A L S ’ Similar peri-continental, sediment-rich environment with abundant volcaniclastics Large laterally extensive iron formations M U R C H I S O N throughout property similar to Bathurst McCutcheon and Walker (2019) Large sulphid
Slide 11: BMK | VMS Trends
BMK | VMS Trends 2 0 2 4 Claim Area covers 37km of prospective BMK Trend strike length Numerous sulphide facies iron formations present which represent distal components of VMS vents P R O J E C T Numerous VMS showings present such as the Main Lake and Betty Targets Main Lake, ML-20-004 inte
Slide 12: BMK | Deposit Geology
2 0 2 4 BMK | Deposit Geology Recent relogging of drill core by Dr. Stephen J. Piercey in May of 2023 with ongoing work indicating BMK as a felsic-siliciclastic type VMS deposit similar to Bathurst type VMS deposits P R O J E C T Zinc grades of BMK deposit are very high-grade which indicates “zo
Slide 13: BMK | Deposit Highlights
BMK | Deposit Highlights 2 0 2 4 • Outcrops at surface, dip averages -51 degrees NW Geological Model Footwall View • Mineralization correlated over 1,100 m strike length • 2 mineralized zones defined: • Upper Mineralized Zone P R O J E C T • Defined over strike and dip length of 1 km at 50 m depth •
Slide 14: BMK | Metallurgical Results
2 0 2 4 BMK | Metallurgical Results Drill core representative of the indicated resource of the deposit was submitted to the Saskatchewan Research Council in 2021 for P R O J E C T preliminary metallurgical work A 15.35 metre sample was blended, crushed, and homogenized to make a master composite
Slide 15: BMK | Foran Deposit Comparison
BMK | Foran Deposit Comparison 2 0 2 3 P R O J E C T B M K M I N E R A L S ’ M U R C H I S O N * Drill Meterage estimated based on respective NI43-101 but estimate may include regional exploration drill holes. Comparison does not factor in grade and uses difference cut off values for each respective
Slide 16: BMK | Low-Cost Exploration
BMK | Low-Cost Exploration 2 0 2 3 Year-round access and core facility No need for a work camp P R O J E C T Drill permits currently in place Strong relationship with local First Nations B M K $206 average per meter drill cost (2017 to 2021) M I N E R A L S ’ Average all in cost $300 per
Slide 17: BMK | 2024 Winter Drill Program
BMK | 2024 Winter Drill Program 2 0 2 4 • 2024 Winter Exploration Program began late January P R O J E C T • Diamond drilling proximal to the high- grade BMK Cu-Zn-Ag-Pb-Au VMS Deposit • Priority targets for testing of copper rich zones are: B M K • CST, a HeliSAM target, which lies 400 m along stri
Slide 18: HPM | Quebec
HPM | Quebec 2 0 2 2 P R O J E C T Ni-C u- C o Pro j e c t H P M M I N E R A L S ’ M U R C H I S O N C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 19: Murchison | Critical Minerals
Murchison | Critical Minerals 2 0 2 4 Murchison Minerals 100%-owned HPM Project in the North M I N E R A L S • Shore Region is currently in the exploration stage of the Critical and Strategic Minerals cycle laid out by the Government of Quebec • HPM Project is 950.7 km2 represents • The projects ali
Slide 20: HPM | 100% Owned | Ni-Cu-Co Project
HPM | 100% Owned | Ni-Cu-Co Project 2 0 2 4 Project Area Located in the Haut-Plateau de la Manicouagan region of Quebec, P R O J E C T adjacent to the Manicouagan Impact Structure Excellent infrastructure with existing and maintained rail line running through the project site - direct access to
Slide 21: HPM | Project History
HPM | Project History 2 0 2 4 1. HISTORY: In 1999 Falconbridge discovers Ni-Cu-Co mineralization. Falconbridge’s interest acquired by Pure Nickel who partnered with Murchison’s predecessor in 2007, drilling P R O J E C T the Barre de Fer deposit in 2008. Murchison acquires 100% interest in 2019 2. G
Slide 22: HPM | Barre de Fer
HPM | Barre de Fer 2 0 2 4 2022 Diamond Drilling Barre de Fer P R O J E C T The Barre de Fer Zone is currently defined with 35 diamond drillholes comprising 8,919 m During the 2022 Summer Exploration program the Company successfully expanded the footprint of BDF: H P M Mineralization at depth
Slide 23: HPM | Barre de Fer Highlights
HPM | Barre de Fer Highlights 2 0 2 4 BDF Highlight Drillholes NiEq.%* CuEq. Hole From (m) To (m) Length* (m) Ni % Cu % Co % * %** 123.8 245 121.2 1.02 0.56 0.07 1.34 3.91 Includes 134.1 144.2 10.1 2.08 1.17 0.14 2.74 7.99 P R O J E C T Includes 152 196 44 1.58 0.71 0.11 2.02 5.91 Including 152 180.
Slide 24: HPM | District Scale Potential
HPM | District Scale Potential 2 0 2 4 HPM Regional Prospecting Prospecting defines de-risked targets for future testing with diamond drilling Beyond BDF, Syrah and PYC regional prospecting has discovered 10 additional nickel- P R O J E C T sulphide outcropping and subcropping at surface includi
Slide 25: HPM | BDF Trend
HPM | BDF Trend 2 0 2 4 P R O J E C T H P M M I N E R A L S ’ M U R C H I S O N C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 26: Executive & Board of Directors
Executive & Board of Directors DONALD K. JOHNSON, B.Eng., MBA, O.C. Director JEAN-CHARLES (JC) POTVIN, B.Sc. (Hon), MBA • Serves as a member of the Advisory Board of BMO Capital Markets. Executive Chairman • President of Burns Fry from 1984 to 1989. • Co-founder of the Company • Served as Vice Chair
Slide 27: Corporate Address and Contact Information
2 0 2 4 C O R P O R A T E P R E S E N T A T I O N Corporate Address: 5063 North Service Road Burlington, ON L7L 5H6 Contact Information: Troy Boisjoli, President, CEO, & Director Erik Martin, CFO John Shmyr, Vice President Exploration Justin LaFosse, Director Corporate Development T: +1 416 565 4411
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