Benz Mining Corp. · TSXV:BZ
Benz Mining — Investor Presentation (May 2021)
19 slides from Benz Mining's investor presentation, May 2021
Slide 1: Driving Growth of a High-Grade Gold District
z ELECTROMAGNETICS EASTMAIN GOLD PROJECT QUEBEC, CANADA DRIVING GROWTH OF A HIGH-GRADE GOLD DISTRICT BENZMINING.COM | TSXV: BZ, ASX: BNZ FOLLOW US: @BENZMINING CORP
Slide 2: Disclaimer and Forward Looking Statements
DISCLAIMER AND FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "Expect", "Anticipate", "Continue", "Estimate", "Objective", "Ongoing", "May", "Will", "Projec
Slide 3: Benz Mining – The Eastmain Deposit
BENZ MINING – THE EASTMAIN DEPOSIT CURRENT HIGH-GRADE RESOURCE EXPLORATION POTENTIAL • Indicated: 236,500oz at 8.2g/t gold • Underexplored gold district in the heart of Quebec • Inferred: 139,300oz at 7.5g/t gold • >220 km2 of tenure • Total: 376,000oz at 7.9g/t gold • >45km strike of Archean greens
Slide 4: Board of Directors
BOARD OF DIRECTORS EVAN CRANSTON PETER WILLIAMS NICK TINTOR MATHEW O’HARA Executive Chairman Director Director Director B. Com., LLB from University of Western M.Eng.Sc in Geophysics from Colorado BSc. in Geology from the University of B.Com. from University of Western Australia, former corporate la
Slide 5: Highly Experienced Management Team
HIGHLY EXPERIENCED MANAGEMENT TEAM XAVIER BRAUD, MAIG CEO & Head of Corporate Development Australia M.Sc. in Geology from Universite Paris XI, Ecole Normale Superieure de Paris and Universite de Cergy-Pontoise, exploration geologist with 13 years field experience Previous roles include Resources Ana
Slide 6: Corporate Summary
CORPORATE SUMMARY Symbol TSXV:BZ / ASX:BNZ BZ.TSXV YTD Share price and volume $1.40 1400 Common Shares Outstanding 98,938,756 Warrants (C$0.12 - C$1.00) 50,165,428 $1.20 1200 Options (C$0.07 - C$3.00) 7,457,213 $1.00 1000 Volume (Thousands) Top 20 Shareholders (%) ~50% $0.80 800 Share Price Current
Slide 7: Quebec One of the World's Best Mining Jurisdiction
QUEBEC ONE OF THE WORLD’S BEST MINING JURISDICTION Quebec – over 260Moz gold produced Ranked 6th on 2020 Fraser Institute Mining Investment Attractiveness Index Outstanding infrastructure James Bay area hosts numerous recent high grade gold discoveries Flow Through Funding allows Z capital raising a
Slide 8: Upper Eastmain Greenstone Belt – The Next Frontier
UPPER EASTMAIN GREENSTONE BELT – THE NEXT FRONTIER Underexplored greenstone belt ~150km in length and up to 20km wide 316 km by road from Chibougamau, mining centre with workforce and process plants Territory covered by Société du Plan Nord (SPN), a government initiative to fund development projects
Slide 9: Eastmain Gold Project - History
EASTMAIN GOLD PROJECT - HISTORY 2019-20-21 – Benz Mining Benz acquires Eastmain project Historical drilling: 115,000m over 40 years New Board and technical team Benz drilling: 50,000m over 12 months Eastmain as flagship project First ground EM survey since 1984 2007 – Secondary Project 50,000m of dr
Slide 10: The Theory – Targeting High Grade Gold with EM
THE THEORY – TARGETING HIGH GRADE GOLD WITH EM A rare situation where electromagnetics can directly lead to high-grade gold Eastmain Mineralization: “It soon became evident that borehole PEM could easily define Semi massive pyrrhotite the sulphide lenses at depth which was, but for a few exceptions,
Slide 11: Eastmain Deposit – What We Identified
EASTMAIN DEPOSIT – WHAT WE IDENTIFIED Last ground EM programs conducted by Placer in 1980s Borehole PEM (DHEM) successfully targeted high grade lodes in A and B Zones Significant advances in EM technology since 1980s Recent drilling (last 20 years) solely based off geological analysis not geophysics
Slide 12: Over 10km of Significant Exploration Potential
OVER 10KM OF SIGNIFICANT EXPLORATION POTENTIAL Z High grade drill intercepts spread over 10km of strike. High grade rock chips quartz associated with pyrrhotite Mineralization also present in multiple parallel geological same as resource mineralization contacts No ground electromagnetic surveys comp
Slide 13: How to Triple the Footprint of a System in 9 Months – Step 1
HOW TO TRIPLE THE FOOTPRINT OF A SYSTEM IN 9 MONTHS – STEP 1 WHERE IT ALL STARTED – JULY 2020 540 holes drilled between 1970 and 2016 No ground Electromagnetics since the 1980’s 376,000oz Gold at 7.9g/t resource covering ~1.2km strike. 10km of strike Numerous VTEM anomalies BENZ MINING CORP 12
Slide 14: How to Triple the Footprint of a System in 9 Months – Step 2
HOW TO TRIPLE THE FOOTPRINT OF A SYSTEM IN 9 MONTHS – STEP 2 9 MONTHS LATER – MAY 2021 >150 line km of FLEM surveyed 30 new FLEM and >130 new DHEM plates modelled 11 holes drilled in 2020 – all returned mineralisation - 9 returned high grade 25 holes drilled in 2021 pending assays. 6 retuned visible
Slide 15: 10km of Exploration Potential – Before EM
10KM OF EXPLORATION POTENTIAL – BEFORE EM MULTIPLE OCCURRENCES SPREAD OUT OVER 10KM OF STRIKE – CONTINUITY DEFINED OVER 1.5KM AT A-B-C ZONES Z Finding extensions to a mineralised system implies following mineralised plunging shoots and establishing their continuity Current resource covers 1.5km of 1
Slide 16: After EM – Filling the Gaps and Tracking Extensions
AFTER EM – FILLING THE GAPS AND TRACKING EXTENSIONS 6KM OF STRIKE PARTLY TESTED – MORE THAN 4KM TO BE TESTED – UNLOCKING THE DISTRICT SCALE POTENTIAL Z Electromagnetics help finding extensions to the known mineralisation as well as establishing continuity between mineralised zones >130 DHEM modelled
Slide 17: From One Mineralised Trend to Three
FROM ONE MINERALISED TREND TO THREE Multiplying endowment potential – 50,000m of drilling in 2021 to accelerate the discovery rate of new extensions to Eastmain 2 new trends discovered above and below the Mine Horizon Identified by FLEM and confirmed by DHEM High grade results from 2020 drilling Mul
Slide 18: Fast Tracking Growth Through Discovery
FAST TRACKING GROWTH THROUGH DISCOVERY Four high-grade discoveries in 9 months of activity – fully funded high-impact campaign for 2021 9 months of activity Upcoming 2021 FLEM survey Recently released successful FLEM Survey results 2 new high-grade mineralized trends discovered Multiple mineralized
Slide 19: Benz Mining – Investment Summary
BENZ MINING – INVESTMENT SUMMARY PROVEN HIGH GRADE GOLD DISTRICT • Past producing mine with an existing resource & large surrounding land package EXPERIENCED MANAGEMENT AND BOARD • Demonstrable success in similar geological environments FULLY FUNDED FOR 2021 • 50,000m of drilling, 200 line km of FLE