Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (December 2022)
26 slides from Maple Gold Mines's investor presentation, December 2022
Slide 1: Corporate Presentation December 2022
CORPORATE PRESENTATION DECEMBER 2022
Slide 2: Disclaimer
DISCLAIMER Cautionary Notes Regarding Forward-Looking Statements This Corporate Presentation (“Presentation”) includes “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legisl
Slide 3: Highlights
HIGHLIGHTS Established/Growing Gold Led by experienced mining, Strong Strategic and Located in Quebec’s Prolific Strategic & JV Partnership Robust Balance Sheet Resource and High-Grade exploration, and capital Institutional Shareholders Abitibi Greenstone Belt with a Top Tier Gold Producer Historic
Slide 4: Corporate Vision/Outlook
CORPORATE VISION/OUTLOOK ❖ Growth through the drill-bit: Maple and Agnico are aligned and targeting areas throughout the property package that have game-changing potential. ❖ Targeting >5 Moz and current exploration approach fits with that target with MGM testing new discovery targets, drilling aggr
Slide 5: Recent Gold M&A Activity in the Prolific Abitibi Greenstone Belt
RECENT GOLD M&A ACTIVITY IN THE PROLIFIC ABITIBI GREENSTONE BELT The Abitibi region has produced >$25B in M&A activity within last 10 years 2022: C$13.5B Agnico Eagle / Kirkland Lake merger transaction completed 2022: Agnico announces consolidation of Canadian Malartic for C$1B PAGE 5
Slide 6: Maple Gold's Strategically Located Land Position
MAPLE GOLD’S STRATEGICALLY LOCATED LAND POSITION ❖ Blue ellipses highlight key synergies between Agnico and Kirkland Lake assets/operations ❖ Gold ellipse is Maple Gold’s Douay-Joutel- Eagle 400 km² property package ▪ Established and growing 3.03 Moz gold resource at Douay (MGM 50% / AEM 50%) ▪ Hist
Slide 7: Strong Partnership with Agnico Eagle
STRONG PARTNERSHIP WITH AGNICO EAGLE ▪ CANADA’S LEADING GOLD PRODUCER & 3rd LARGEST GOLD PRODUCER WORLDWIDE. ▪ Takes extremely conservative and measured approach to investments and asset acquisition. ❖ 50-50 JV Agreement signed February 2021: Agnico funding C$18.25M in exploration over 4 years (2021
Slide 8: Significant Strike Along Casa Berardi with Excellent Infrastructure
SIGNIFICANT STRIKE ALONG CASA BERARDI WITH EXCELLENT INFRASTRUCTURE ❖ 2.5-hour drive north of Val d’Or, Quebec along paved 2-lane provincial highway (Hwy #109), which runs through the property ❖ Next to 1 of 6 major power lines in the province ❖ 55 km SW of Matagami with skilled labour, local airpor
Slide 9: Douay 2022 Mineral Resource Estimate
DOUAY 2022 MINERAL RESOURCE ESTIMATE Pit-Constrained & Underground Mineral Resource Estimate (SLR 2022) ❖ 21% increase in OP Indicated Resource to 511,000 oz at an average grade of 1.59 g/t Au Tonnes Grade Contained Metal Resource Category (Mt) (g/t Au) (000 oz Au) ❖ Slight increase in OP Inferred R
Slide 10: Douay Conceptual Open Pit Mine Plan (2022 MRE)
DOUAY CONCEPTUAL OPEN PIT MINE PLAN (2022 MRE) One of Quebec’s Largest Undeveloped Gold Resources 21% conversion from Inferred to Indicated based on only Indicated: 6% of total metres drilled 10.0 Mt @ 1.59 g/t Au for 511 koz Au Inferred: 76.7 Mt @ 1.02 g/t Au for 2.53 Moz Au ❖ The JV has completed
Slide 11: Douay Untested Resource Expansion Potential at Depth
DOUAY UNTESTED RESOURCE EXPANSION POTENTIAL AT DEPTH The Douay-Joutel JV is based on the Canadian Malartic JV Partnership Canadian Malartic is now Canada’s largest gold mine 1.9 Moz 6.4 Moz NW-SE vertical longitudinal section (all zones) showing distribution of below-pit-shell underground Canadian M
Slide 12: Additional C$4.8M Deep Drilling Program Includes 2,000 Metre Holes at Douay
ADDITIONAL C$4.8M DEEP DRILLING PROGRAM INCLUDES 2,000 METRE HOLES AT DOUAY Douay NW-SE vertical longitudinal section (all zones) showing location of proposed deep drill holes relative to existing drilling and SLR 2022 mineral resources and conceptual pits PAGE 12
Slide 13: Example X-Section for Deep Drilling to Test Below Nika Zone
EXAMPLE X-SECTION FOR DEEP DRILLING AT TO TEST BELOW NIKA ZONE Nika NW SSW DW Zone NNE Note that this hole tests Nika Zone Zone Zone and Casa Berardi North Fault (“CBNF”) at depth, Douay only at moderate depth. Designed to test interval from south contact of syenitic rocks to just north of CBNF D0-2
Slide 14: Deep Drilling at Douay – Example X-Section at 531 Zone
DEEP DRILLING AT DOUAY – EXAMPLE X-SECTION AT 531 ZONE Testing under 531 Zone across SSW NNE to Main Zone; DO-5 531 Main DO-5 tests the open volume under 531 pit adjacent to CBNF. Drilling at the 531 Zone to-date DO-19-262X has returned gold grades significantly higher than the DO-21-310 current SLR
Slide 15: Local Geology & Regional Structures: Target Rich Environment
LOCAL GEOLOGY & REGIONAL STRUCTURES: TARGET RICH ENVIRONMENT DOUAY GOLD PROJECT Taibi Group 50/50 JV VMS TARGETS DOUAY RESOURCE Cartwright Hills Group EAGLE CLAIM 100% - MGM JOUTEL GOLD PROJECT 50/50 JV EAGLE-TELBEL EAGLE-TELBEL MINES MINES PAGE 15
Slide 16: Agnico Eagle's 1st Gold Mine: Joutel Mine Complex (1974-1993)
AGNICO EAGLE’S 1ST GOLD MINE: JOUTEL MINE COMPLEX (1974-1993) Joutel Mine Site Entrance Telbel Headframe Eagle Mine Mill Complex Note: Historical photos. All surface infrastructure has been reclaimed. PAGE 16
Slide 17: History of the Joutel Mine Complex
HISTORY OF THE JOUTEL MINE COMPLEX USD Gold Price Chart with Key Events MGM commences Phase I $2,250 drill program at Eagle MGM-AEM complete 50/50 JV on Douay/Joutel Gold Projects MGM $2,000 Globex drills 12.4 m @ 2.9 g/t commences Au, including 4.8 m @ 5.4 g/t ???Phase II drill Au (EM-14-001) at Ea
Slide 18: Eagle-Telbel Long Section Shows Significant Mineralization and Drilling Gaps
EAGLE-TELBEL LONG SECTION SHOWS SIGNIFICANT MINERALIZATION AND DRILLING GAPS BEYOND MINED OUT AREAS A High-Grade Restart Opportunity with Excellent Near-Mine Expansion Potential PAGE 18
Slide 19: Eagle Mine Highlights To-Date: Phase III Program Underway
EAGLE MINE HIGHLIGHTS TO-DATE: PHASE III PROGRAM UNDERWAY ➢ Significance of the microgabbro- hosted gold mineralization is that targeting no longer needs to follow only a 3-30m stratigraphic horizon at the top of the Joutel-Poirier Group, but rather a significantly broader (~ 150m) interval ➢ Other
Slide 20: Actively Drilling Below and Along Strike from Historic Telbel Mine
ACTIVELY DRILLING BELOW AND ALONG STRIKE FROM HISTORIC TELBEL MINE ➢Phase I 6,000 m deep drilling program underway at Telbel (more than 50% complete) ➢Drilling from N-S and S-N to cut through all horizons and stratigraphy on the way to targeted pierce points at depth ➢Wedge/directional drilling will
Slide 21: Mag-EM Survey: Closeup of Eagle-Telbel Mine Area with Conductive Targets
MAG-EM SURVEY: CLOSEUP OF EAGLE-TELBEL MINE AREA WITH CONDUCTIVE TARGETS *Tailings Area PAGE 21 PAGE 21
Slide 22: Experienced Management & Board/Advisors
EXPERIENCED MANAGEMENT & BOARD/ADVISORS $10B Matthew Hornor Kiran Patankar Joness Lang Fred Speidel Wilma Lee President & CEO CFO Executive VP VP Exploration VP Corp Secretary & Compliance $17B $5B $20B Michelle Roth Gérald Riverin Maurice Tagami Sean Charland David Broughton Chairperson/Director Di
Slide 23: Capital Structure, Financial Position and Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION AND OWNERSHIP As of DEC 5 2022 Share Ownership Mix Shares Outstanding 337.6M 2.7% Warrants (100% Agnico)1 25.8M 12.1% Options2 24.5M Management/Insiders/Closely Related Fully Diluted3 393M 44.2% Agnico Eagle Mines 52-week high/low share price $0.39-$0.15 Market
Slide 24: Value Stack Snapshot
VALUE STACK SNAPSHOT 30,000 METRES ~C$52M C$15.3M US$19/oz $C14M MC CASH ENTERPRISE VALUE / ADDITIONAL JV FUNDING 20,000 COMPLETED YTD BASIC MARKET CAPITALIZATION CASH BALANCE (As of Sep 30, 2022) ATTRIBUTABLE GOLD OUNCE* (2022-2024) ➢ C$9M IN POTENTIAL WARRANT PROCEEDS ➢ C$40M IN BUY BACK PROVISION
Slide 25: Recap & Key Takeaways
RECAP & KEY TAKEAWAYS ❖ Strong team, balance sheet & strategic partnership ❖ Established 3Moz gold resource & past-producing mine trend within one commanding 400 km² property package ❖ Unique and large hydrothermal systems with mineralized carbonatite (deep mantle tapping structures) – now testing b
Slide 26: Contact Information
CONTACT INFORMATION SUITE 600 1111 WEST HASTINGS STREET VANCOUVER, BC V6E 2J3 CANADA PHONE: +1 (647) 265.8688 EMAIL: INFO@MAPLEGOLDMINES.COM Northern lights at Douay – October 2021
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