Xxix Metal Corp. · TSXV:XXIX
Xxix Metal — Investor Presentation (December 2024)
19 slides from Xxix Metal's investor presentation, December 2024
Slide 1: XXIX: Merging QC Copper & Cuprum
XXIX: MERGING QC COPPER & CUPRUM A CANADIAN COPPER POWERHOUSE December 2024 XXIX: TSXV | QCCUF:OTC Q B QCCU: TSXV | QCCUF: OTCQB Part of the
Slide 2: XXIX: Part of Ore Group
XXIX : Part of Ore Group consists of in-house technical and financial expertise & is focused on premier jurisdictions & on metals with strong, long-term fundamentals AWALE METAL ENERGY AMERICAN EAGLE GOLD ARIC: TSXV MERG: TSXV AE: TSXV Newmont-backed, Odienne Copper exploration in BC’s British Colum
Slide 3: Case Study: Foran Mining - McIlvenna Bay Timeline
CASE STUDY: FORAN MINING - MCILVENNA BAY TIMELINE XXIX’s Opemiska has a similar trajectory to Foran’s McIlvenna Bay and has the potential for a significant rerate with the delivery of strong economics and engineering Share Px ($/sh) Cu Px ($/lb) $5.00 $6.00 March 2013 MRE: Indicated: 13.9Mt @ 1.96%
Slide 4: Case Study: Foran Mining – Asset Similarities
CASE STUDY: FORAN MINING – ASSET SIMILARITIES Opemiska and Thierry have superior infrastructure, Expect a similar re-rate post PFS based on XXIX’s leading to lower operational and development costs. multiple, +2-billion-pound high-grade projects. Asset Comparison XXIX XXIX Foran Mining Opemiska Thie
Slide 5: Path to Prefeasibility x2: Grade, Scale & Infrastructure
PATH TO PREFEASIBILITY X 2 : GRADE, SCALE & INFRASTRUCTURE XXIX’s goals are resource growth, derisking and defining the projects in Prefeasibility Studies Opemiska: Highest Grade open pit copper deposit in Canada Thierry: Largest Copper Resource in Ontario 4.8 billion pounds of Copper Eq. and growin
Slide 6: Opemiska: Highest Grade Copper Open Pit in Canada
OPEMISKA: HIGHEST GRADE COPPER OPEN PIT IN CANADA Opemiska has 3x Copper grade across peer group Thierry’s grade is amongst the highest in peer group 0.90 Primary Copper Grade (%) of Canadian Open Pit Deposits 0.80 0.70 0.60 Copper Grade (%) 0.50 0.40 0.30 0.20 0.10 - Opemiska Opemiska Copper Galore
Slide 7: Opemiska: Tier 1 Location with Infrastructure
OPEMISKA: TIER 1 LOCATION WITH INFRASTRUCTURE QCCU: TSXV | QCCUF: OTCQB Part of the 7
Slide 8: Opemiska Resource & Growth Potential
OPEMISKA RESOURCE & GROWTH POTENTIAL 2024 MRE - Springer & Perry: • M&I: 97.5 Mt @ 0.97% CuEq (2,085 Mlbs CuEq) • Inferred: 10.9 Mt @ 0.65% CuEq (157 Mlbs CuEq) Growth potential between known veins Legend Mineralized Envelopes Mined Out: Underground drifts and shaft Open: Lack of drilling Opemiska M
Slide 9: Opemiska: Road to Prefeasibility
OPEMISKA: ROAD TO PREFEASIBILITY Opemiska Project Status Updated MRE Complete Post MRE to PEA Halo Study Complete Drilling – Saddle, Cooke / Robitaille November 2024 PEA 2025 H1 Next 12 Months Post PEA to PFS Mineral Resources & Geology In Progress Environmental Baseline Studies In Progress Hydrolog
Slide 10: Thierry: Ontario's Largest Primary Copper Deposit
THIERRY: ONTARIO’S LARGEST PRIMARY COPPER DEPOSIT With Significant Potential to Grow with a Robust Drill Program planned for 2025 2,000 1,800 Copper Resources in Ontario 1,600 1,400 Copper Resources (Mlbs) 1,200 1,000 800 600 400 200 0 Thierry Thierry Marathon Lac des Iles Kidd Creek Victor Deep Vic
Slide 11: Thierry: Ontario's Largest Primary Copper Deposit
THIERRY: ONTARIO’S LARGEST PRIMARY COPPER DEPOSIT QCCU: TSXV | QCCUF: OTCQB Part of the 11
Slide 12: Thierry K2 – Underground Deposit Growth
THIERRY K2 – UNDERGROUND DEPOSIT GROWTH Thierry K2 Zone MRE : • M&I: 8.8 Mt @ 1.66% Copper • Inferred: 14.9 Mt @ 1.64% Copper Growth: K2 deposit has not seen systematic drilling to test extent of mineralization QCCU: TSXV | QCCUF: OTCQB Part of the 12
Slide 13: Thierry K1 – Open Pit Mineralization
THIERRY K1 – OPEN PIT MINERALIZATION K1 Zone MRE : Inferred: 53.6 Mt @ .38% Copper K1 deposit drilled to only 150 metre depth 2024 Drill Results confirmed mineralization is open along strike and at depth: • 171m @ 0.98% CuEq • 231m @ 0.740% CuEq Legend • 76.9m @ 0.805% CuEq Mineralized Envelopes • 1
Slide 14: Connecting K2 with K1
CONNECTING K2 WITH K1 Blue Sky Potential: Geophysical (VTEM) trend between K1 and K2 THIERRY Geophysical anomalies in untested trend PROPERTY correlate with mineralized zones in K1 and K2 Connecting this zone would be transformative for the Thierry Project K1 450 Mlbs @ 0.38% Cu Thierry has an abund
Slide 15: Thierry: Road to Prefeasibility
THIERRY: ROAD TO PREFEASIBILITY Thierry Project Status Updated MRE & PEA Data Compilation Complete Systematic Drilling (+20,000m) 2025 Wireframe and Block Model 2025 Updated Global MRE 2026 Next 12 Months PEA 2026 Post PEA to PFS Environmental Baseline Studies 2026 Hydrology 2026 Geotechnical Studie
Slide 16: QC Copper Corporate Overview: Premerger
QC COPPER CORPORATE OVERVIEW: PREMERGER KEY METRICS Share Price - XXIX TSX Venture Exchange QCCU: TSXV Shares Outstanding 258M Warrants, Options & RSUs 25M Share Price $0.12 Basic Market Capitalization $31M Cash + Amounts $6.8M* Receivable 10.7M Baselode shares Marketable Securities (FIND:TSXV) *Pro
Slide 17: Board & Management
BOARD & MANAGEMENT JOEL FRIEDMAN STEPHEN STEWART GUY LE BEL CHARLES BEAUDRY CFO CEO AND CHAIRMAN President V.P. EXPLORATION AND DIRECTOR Over 10 + years' experience in the 15 years of experience in the resource Over 35 years in strategic and financial mine Geologist with more than 35 years of mining
Slide 18: Forward Looking Statements
FORWARD LOOKING STATEMENTS WE ARE IN THE MINERAL EXPLORATION AND DEVELOPMENT BUSINESS. IT IS INHERENTLY CAUTIONARY STATEMENT REGARDING HISTORICAL RESOURCES RISKY, AND ALL INVESTORS SHOULD BE KEENLY AWARE OF THIS The reader is cautioned that XXIX Corp. has not undertaken any independent This presenta
Slide 19: Stephen Stewart, Chair & CEO - XXIX
Stephen Stewart Chair & CEO - XXIX sstewart@oregroup.ca (416) 644-1567 QCCU: TSXV | QCCUF: OTCQB Part of the Background: High grade, near surface core at Opemiska 19