Blende Silver Corp. · TSXV:BAG
Blende Silver — Investor Presentation (June 2021)
26 slides from Blende Silver's investor presentation, Jun 14, 2021
Slide 1: Blende Silver Corp.
Ww a OS i a Blende Silver Corp. silver Corp.
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an offer to sell or solicitation of an offer to buy securities of Blende Silver Corp. FORWARD LOOKING STATEMENTS This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of this presentation and
Slide 3: Blende Silver Corp – The Company
Blende Silver Corp – The Company 100% ownership of the Blende Deposit; a Silver-Zinc-Lead resource -> preliminary economic assessment stage asset in the Yukon, Canada • The Blende Deposit is the largest undeveloped (open pit-constrained) carbonate-hosted Zinc-Lead-Silver deposit in Yukon 2021 NI43-1
Slide 4: Capitalization Structure
Capitalization Structure Major Shareholders/Ownership Share Structure Management & insiders ~20% Stock Exchange / Symbol TSX.V: BAG Institutional ~10% Share Price $0.12 Public ~70% Shares Outstanding 47,273,620 Warrants Outstanding 7,680,000 Insiders Options Outstanding 4,200,000 Institutional Publi
Slide 5: Blende Silver Corp. – The Property
Blende Silver Corp. – The Property Blende Property (100% owned) • The largest carbonate-hosted Ag-Zn-Pb deposit in the Yukon (M. Robinson and C.I. Godwin, Economic Geology 1995) 5
Slide 6: Blende Project Access
Blende Project Access Blende Ag-Zn-Pb Project Location and Access • 100% owned, fully permitted 5,346 ha property • 58 km winter road access • along Wind River Trail • 20 km north of ATAC’s recent high- grade Ag-Pb-Zn discovery at the Ocelot Project 6
Slide 7: Resource Estimate
Resource Estimate Cutoff In situ In situ Grades In situ Metal Content Category ZincEq Tonnage ZincEq Zinc Lead Silver OXRAT Zinc Lead Silver NSR (%) (ktonnes) (%) (%) (%) (gpt) (Mlbs) (Mlbs) (koz) ($CDN/t) Indicated 2.0 4,643 4.60 1.82 1.63 30.32 101.85 0.08 187 167 4,526 Inferred 2.0 42,243 4.49 1.
Slide 8: Project Highlights
Project Highlights • Mineralization extends >6 km along strike and >700 meters vertical. There is potential to substantially increase the Mineral Resource by drilling open pit extensions and stepping out from mineralized drill hole intercepts at the adjacent Far West, Central, Far East and Shanghai
Slide 9: Proposed Exploration Program
Proposed Exploration Program Field Program • Geological mapping and sampling program along extensions of the main Blende mineralization corridor. • 5,000 meters infill, extensional and metallurgical sample drilling to increase deposit size, grade and Mineral Resource. • Results to provide additional
Slide 10: Recent Work Completed
Recent Work Completed • Engaged Moose Mountain Technical Services (MMTS) to collect historic drill core samples for Specific Gravity determination, re-model the geology and prepare a NI 43-101 Technical Report and maiden Mineral Resource Estimate for the Blende Project. (Completed and filed on SEDAR
Slide 11: Property History
Property History • 1961 Geological Survey of Canada (GSC) noted Zn-Pb mineralization in region • 1975 Cyprus Anvil staked property • 1981 Archer-Cathro re-staked property • 1987 NDU Resources purchased property; 3 drill holes totalling 718 meters • 1989 Billiton Resources optioned property; 77 drill
Slide 12: Key Personnel
Key Personnel Thomas Kennedy, B.Comm, J.D. – CEO, Director is a graduate of the University of British Columbia. After an initial career at the Federal Department of Justice, Mr. Kennedy has primarily focused as a legal, financial and business consultant to publicly-traded companies. Mr. Kennedy is c
Slide 13: Corporate Information
CORPORATE INFORMATION TSX.V: BAG – 25.7M shares issued Suite 804, 750 West Pender Street Vancouver, BC, CAN, V6C 2T7 www.blindcreekresources.com Andrew H. Rees – Director andrewhr@engineergoldmines.com (604) 505-3739 13
Slide 14: Appendix
Ww SN 1 an Blende Silver Corp. BAG:TSX.V - APPENDIX -
Slide 15: Blende Deposit Aerial Views
Blende Deposit Aerial Views 15
Slide 16: Blende Deposit Geology and Mineralization
Blende Deposit Geology and Mineralization • The Blende deposit is a Proterozoic-aged carbonate-hosted massive sulphide deposit with features of both Irish-type and clastic-dominated Zn–Pb deposits (M.Moroskat et.al., Mineral Deposita 2014). and is the largest carbonate-hosted Zn-Pb-Ag deposit in Yuk
Slide 17: Geology, Pit Resource Outlines and Long Section Traces
Geology, Pit Resource Outlines and Long Section Traces 17
Slide 18: West Zone Pit Resource Longitudinal Section
West Zone Pit Resource Longitudinal Section *Moose Mountain Technical Services NI 43-101 Resource Estimate and Technical Report dated May 25, 2018. 18
Slide 19: East Zone Pit Resource Longitudinal Section
East Zone Pit Resource Longitudinal Section *Moose Mountain Technical Services NI 43-101 Resource Estimate and Technical Report dated May 25, 2018. 19
Slide 20: East Zone Ag(g/t) and Zn+Pb% Distribution
East Zone Ag(g/t) and Zn+Pb% Distribution 20
Slide 21: West Zone Ag (g/t) and Zn+Pb% Distribution
West Zone Ag (g/t) and Zn+Pb% Distribution 21
Slide 22: Metallurgical Results and Upsides
Blende Metallurgical Results and Upsides • Despite the elevated extent of sulphide oxidation in the drill core metallurgical samples, test results showed a good response using conventional mineral processing procedures • Head grades ranged from 1.5% to 5.4% for Pb, 1.5% to 3.5% for Zn, along with 17
Slide 23: Metallurgical Results and Upsides
Blende Metallurgical Results and Upsides Mr. Wright, P.Eng. states “With further evaluation the process response can be expected to improve on these results with ongoing project advancement. In part this would be due to evaluating more representative mineralized samples taken at depth that are shown
Slide 24: Geology, Pit Resource Outlines and Expansion Targets
Blende Geology, Pit Resource Outlines and Expansion Targets 24
Slide 25: Exploration Upside
Blende Exploration Upside Near Pit West Zone • The largest deposit defined to date at Blende. 2008 drill hole (BE08126) marked the first significant mineralization (24.7m @ 1.68% Pb+Zn and 5.7 g/t Ag; including 6.2m @ 4.87% Pb+Zn and 14.9 g/t Ag) encountered in the footwall of the BFZ (main deposit)
Slide 26: Exploration Upside
Blende Exploration Upside Central Zone • 2007 drill hole intersected 8.0m @ 3.4% Pb+Zn including 3.0m @ 6.5%. Warrants additional mapping, sampling and drilling Far East / Shanghai Zone • Recent discovery 3km to east of East Zone in 2004, with 3.0m @ 1.6% Pb+Zn, 6.0 m @ 1.3% Pb + Zn and 1.0m @ 4.3%