Canamex Gold Corp · CSE:CSQ
Canamex Gold — Investor Presentation (October 2017)
30 slides from Canamex Gold's investor presentation, October 2017
Slide 1: Gold Mine Development and Exploration in Nevada
BRUNER GOLD MINE DEVELOPMENT PROJECT – SIGNIFICANT UPSIDE SILVERTON GOLD EXPLORATION PROJECT – LONG CANYON SIMILARITIES Gold Mine Development and Exploration in Nevada TSX.V : CSQ OTCBB : CNMXF Corporate Presentation FSE : CX6 October 2017 CANAMEXGOLD.COM 1 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAME
Slide 2: Disclaimer - Forward Looking Statements
Disclaimer - Forward Looking Statements This presentation contains forward-looking statements regarding future events and Canamex’s future results that are subject to the safe harbors created under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchan
Slide 3: Macro roadmap for share price of precious metal mining companies
Macro roadmap for share price of precious metal mining companies 3 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 4: Value proposition - Canamex Resources vs Northern Vertex
Value proposition - Canamex Resources vs Northern Vertex Canamex Bruner PEA vs. similar-sized Moss Mine project (PFS), Northern Vertex. Very comparable project size and economic parameters but very different mcap and share price, suggesting tremendous room for increase in shareholder value. 4 TSX-V:
Slide 5: Value proposition - Early in the two S-curves
Value proposition - Early in the two S-curves Original chart from Brent Cook´s Exploration Insights 5 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 6: Nevada - Gold Project Locations
Nevada - Gold Project Locations 6 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 7: Silverton Gold Exploration Project
Silverton Gold Exploration Project • Carlin-type gold exploration property located in Nye County, Nevada, over 70 unpatented lode mining claims totaling 1400 acres • Extensive grid rock chip sampling by previous exploration companies since 1980s identifies a large gold anomaly covering an area appro
Slide 8: Silverton Gold Property - Major Undrilled Structure - 2.5km long
Silverton Gold Property - Nevada Major Undrilled Structure - 2.5km long 8 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 9: Silverton Gold Property - Gold in rock chip boundary
Silverton Gold Property Gold in rock chip boundary 9 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 10: The Bruner Gold Project - Overview
The Bruner Gold Project - Overview Asset Overview Asset Location • Bruner is Canamex´s flagship exploration project • Located in the prolific gold mining region of Nye County, Nevada • Canamex spent USD$6 million to earn 70%, purchased remaining 30% interest for USD$1 million to own 100% interest •
Slide 11: Bruner - Well Located with Good Infrastructure
Bruner - Well Located with Good Infrastructure Rawhide Mine 1.6 MM oz. Au 17.5 MM oz. Ag Base of bulk tonnage deposit Paradise Peak Mine Round Mountain Santa Fe Mine 2.6 MM oz. Au 10 MM oz. Au 0.5 MM oz. Au 43 MM oz. Ag 1 MM oz. Ag ✓ Major structural intersection surrounded by multi-million ounce de
Slide 12: Bruner Gold Project Photos
Bruner Gold Project Photos 12 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 13: Highlights of the PEA (March 2016)
Highlights of the PEA (March 2016) • IRR (before tax) - 42% at $1250 Au - 62% at $1375 Au • Capital payback period is 15 months • Estimated initial capital expenditures of $33 million • Average annual gold production of 46,500 oz. at a cash cost of $550/oz for the first two years • Facility siting a
Slide 14: Excellent Metallurgy (PEA March 2016)
Excellent Metallurgy (PEA March 2016) ➢ +89% gold extraction in 83 days on -3 inch and -3/4 inch crush on Historic Resource Area ➢ Importantly, +80% gold extraction in 40 days ➢ Low reagent consumption = low operating costs ➢ Cyanide leachable gold property-wide. ➢ Bottle roll tests returned an aver
Slide 15: PEA Facilities Layout (March 2016)
PEA Facilities Layout (March 2016) 15 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 16: PEA Production Process Flow Sheet (March 2016)
PEA Production Process Flow Sheet (March 2016) 16 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 17: Phase 1 Development-Production Concept (PEA March 2016)
Phase 1 Development-Production Concept (PEA March 2016) Scenario on Patented Land 17 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 18: Bruner Gold Project has significant unexplored potential
Bruner Gold Project has significant unexplored potential 18 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 19: Accessible drill targets - Three highly prospective focus target areas
Accessible drill targets - Three highly prospective focus target areas Three Focus Targets: 1. “Historic Resource” Area (‘HRA’) 4 2. “Penelas Mine” & “Penelas East” 3. “Paymaster Mine” (High Grade Area) 5 6 3 Additional Targets: 4. “NW (Bruno)” Large Disseminated Target 1 2 5. “Phonolite Ridge” Larg
Slide 20: Successful drilling was executed in 2016-17 at two of the focus targets
Successful drilling was executed in 2016-17 at two of the focus targets (post PEA) ➢ Intersected significant intervals of gold immediately outside of the resources that contribute to the PEA, suggesting we may increase the resources and thereby the economics when we next update the resources and PEA
Slide 21: The three focus targets - Historic Resource Area (HRA) overview
The three focus targets - Historic Resource Area (HRA) overview • 2014 Drilling: +30 holes to upgrade and increase historic resource High Grade Core • Visible gold mineralization is associated with Silica Alteration Spires and major structures/intersections • Over 50 Silica Alteration Spires have be
Slide 22: The three focus targets - HRA 2014 Drill Cross Section
The three focus targets - Historic Resource Area (HRA) 2014 Drill Cross Section 22 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 23: The three focus targets - Paymaster Mine - high grade area
The three focus targets - Paymaster Mine - high grade area • Adjacent to the Historic Resource Area (1.5 km); near-surface mineralization View Looking North From “HRA” to “Paymaster” • 2014 Drill Program Best Intercepts: Paymaster B-1457 – 16.7 metres at 9.94 g/t gold B-1458 – 13.1 metres at 5.13 g/
Slide 24: Penelas and Penelas East drill results 2012-14
The three focus targets - Penelas and Penelas East drill results 2012-14 • Among the best drill intercepts in Nevada 2012-2014 • 2012 – 2013 Drill Program Best Intercepts: B-1201 – 110 metres at 4.08 g/t gold B-1301 – 91 metres at 3.10 g/t gold • Deposit open to the north – new intercept: B-1436 – 9
Slide 25: Penelas and Penelas East combined pit - 2017 drilling
The three focus targets - Penelas and Penelas East combined pit - 2017 Drilling Cuts Shows Significant Gold Between Resource Areas 25 TSX-V:CSQ | OTCBB:CNMXF | FSE:CX6 | CANAMEXGOLD.COM
Slide 26: Bruner Gold Project - Milestones 2015 to 2017
Bruner Gold Project - Milestones 2015 to 2017 ✓ Earned 70% interest through Expenditure Of US$ 6 million (2015) ✓ Completed maiden NI 43-101 technical report and mineral resource estimate (2015) ✓ Completed PEA to show value and path forward plus closed private placements for $CAD 5.8 million (2016)
Slide 27: Capital Structure
Capital Structure Capital Structure Share Price Performance (TSX.V:CSQ) Offer Price (C$) Oct 2017 $0.13 Basic Shares Outstanding (M) 61.4 Warrants Outstanding (M) 59.7 Options Outstanding (M) 3.5 Debentures (if converted) (M) 30.0 Fully Diluted Common Shares (M) 154.6 Market Capitalization (C$M) $9.
Slide 28: Management Team
Management Team Technical and Capital Markets Experience David Vincent, BEng, Dip. FP A professional engineer and commercial pilot with post graduate academic Chief Executive Officer & qualifications in management and financial services. David was a consultant and Director investment banker providin
Slide 29: Bruner Gold Project - Investment Highlights
Bruner Gold Project - Investment Highlights => High-grade Oxide Heap Leach in Nevada Prolific Mining Friendly Nevada is the top gold producing region in the Jurisdiction Americas, produces 75% of gold in USA and is a mining friendly jurisdiction High-grade Drill 110 metres @ 4.08 g/t gold - Penelas
Slide 30: Contact Information
Contact Information Chief Executive Officer Chairman of the Board David Vincent Mike Stark +971544551281 +1 604-833-4278 david.vincent@canamexgold.com mike.stark@canamexgold.com Greg Hahn, CPG #7122 and President/COO of the Company, is the QP responsible for the technical disclosure contained in thi