Somerset Minerals Limited · ASX:SMM
Somerset Minerals — Tempus Resources — Investor Presentation (July 2021)
22 slides from Somerset Minerals's investor presentation, July 2021
Slide 1: An Americas Focused Gold Explorer and Developer
AN AMERICAS FOCUSED GOLD EXPLORER AND DEVELOPER ASX: TMR INVESTOR PRESENTATION TSX.V: TMRR OTCQB: TMRFF July 2021
Slide 2: Disclaimer
DISCLAIMER Certain statements in this presentation are forward-looking statements. development projects; environmental regulatory requirements and risks; Forward-looking statements consist of statements that are not purely currency fluctuations; government regulation and policy risks; the Company hi
Slide 3: Overview
OVERVIEW Actively exploring in two prolific mining districts: British Columbia, Canada and Ecuador Elizabeth / Blackdome Projects - British Columbia, Canada > Tier one jurisdiction – situated near the historic Bralorne gold camp (+4m oz historic production) in Southern BC. > Historic inferred resour
Slide 4: Financial Snapshot
FINANCIAL SNAPSHOT Listed on the ASX (TMR), TSX.V (TMRR) and OTCQB (TMRFF) Share and Capitalization Metrics Shareholder Structure Issued andOutstanding1 98.7M Institutional Investors Options/Warrants on 11.2M (~10%) Issue2 (Avg Ex price A$0.24) Board/Management Performance Rights2 3.8M /Insiders 15%
Slide 5: Management & Board
MANAGEMENT & BOARD Board Management Alexander Molyneux - Non-Executive Chairman Jason Bahnsen – President & CEO Mining industry executive and financier with 20+ years’ industry Mining engineer with over 30 years’ of experience in natural experience. Serves on several public company boards, including
Slide 6: Canada: Elizabeth / Blackdome Gold Projects
CANADA ELIZABETH / BLACKDOME GOLD PROJECTS TEMPUS RESOURCES LTD. (ASX: TMR / TSX.V TMRR) | 6
Slide 7: Located in Active Southern BC Gold District
LOCATED IN ACTIVE SOUTHERN BC GOLD DISTRICT Note: Market Capitalizations are estimates as at June 1, 2021 TEMPUS RESOURCES LTD. (ASX: TMR / TSX.V TMRR) | 7
Slide 8: Elizabeth / Blackdome Projects
ELIZABETH / BLACKDOME PROJECTS Located near the Historic Bralorne Gold Camp in Southern BC ( +4m oz of gold produced) Elizabeth Gold Project > Initial drillholes in released in February returned high grade intervals: • EZ-20-06: 5.0m at 61.3g/t gold from 116.5m, including 1.5m at 186.0g/t gold from
Slide 9: Elizabeth – Exploration Drilling of High Grade Gold Veins
ELIZABETH – EXPLORATION DRILLING OF HIGH GRADE GOLD VEINS Drill program continuing – focused on extension of high grade veins > Historic inferred resource at Elizabeth of 206,139 oz Au @ 12.26 g/t > Mesothermal gold mineralization open at depth and along strike. > Drilling began in Nov 2020 (11 hole
Slide 10: Elizabeth – High Grade Results
ELIZABETH – HIGH GRADE RESULTS > Tempus initial drilling at Elizabeth, in November – December 2021, completing 11 holes (2,006 metres), with strong gold mineralization including significant amounts of visible gold (“VG”). > Drill hole EZ-20-06 intersected a 5.0 metre intersection that contained 2 me
Slide 11: Elizabeth – Potential at Depth and Along Strike
ELIZABETH – POTENTIAL AT DEPTH AND ALONG STRIKE > System is analogous with Bralorne, which was mined to ~2,000 m / 4m oz > Drilling to date has been shallow only targeting ~200m from surface > The SW Vein remains open to the NE along strike and down dip. > 2021 drilling will focus on three key targe
Slide 12: Elizabeth East
ELIZABETH EAST > Significant new gold in soil anomaly discovered 2019 > Results up to 0.66 g/t. > Supported by coincident pathfinder element anomalies > Follow up exploration planned for 2021 > Potential for completely new discovery > Highlights significant unexplored regional potential > Note: The
Slide 13: Blackdome Gold Mine
BLACKDOME GOLD MINE > The Blackdome Mine includes a 300 tonne/day conventional gravity separation and flotation mill and permitted tailings storage facility > The previous production history (230koz at 22g/t 1985 - 1991) > Existing infrastructure provides a path to a low capital, fast-track restart
Slide 14: Blackdome Exploration
BLACKDOME EXPLORATION > Tempus drilled a total of 26 drill holes on Blackdome in 2020 for a total of 5,087 m > Results indicate broad mineralized alteration zones surrounding High-grade epithermal Au-Ag veins with textures related to boiling zone, above potential ‘ore zone’ > Drilling has shown the
Slide 15: Ecuador - Zamora Projects
ECUADOR - ZAMORA PROJECTS VALLE DEL TIGRE & RIO ZARZA
Slide 16: Ecuador - Zamora Projects (Valle del Tigre / Rio Zarza)
ECUADOR - ZAMORA PROJECTS (Valle del Tigre / Rio Zarza) > Ecuador recently held Presidential elections with the new President Guillermo Lasso to take power May 24. President elect Lasso ran on a liberal platform that includes welcoming direct foreign investment and the development of the mining sect
Slide 17: Ecuador - Valle del Tigre Project
ECUADOR - VALLE DEL TIGRE PROJECT > In 2019/20, Tempus completed a 600 line-km ZTEM airborne geophysics survey which delineated a strong resistivity/conductive anomaly over 2 km in length. > In Q1 2021, Tempus completed a Phase 1 geochemical sampling survey study that confirmed geophysical targets a
Slide 18: Ecuador - Rio Zarza Project
ECUADOR - RIO ZARZA PROJECT > Rio Zarza Project’s eastern boundary is adjacent to Lundin Gold’s Fruta del Norte deposit and exhibits similar geology and alteration > The property hosts a potential extension of the Fruta del Norte deposit > Resistivity data from recent ZTEM survey highlights likely c
Slide 19: www.tempusresources.com.au
Level 2, 22 Mount Street, Perth WA 6000, Australia +61 8 6188 8181 @ResourcesTempus www.tempusresources.com.au
Slide 20: Appendix – Elizabeth/Blackdome Historical Resource Estimates
APPENDIX – ELIZABETH/BLACKDOME HISTORICAL RESOURCE ESTIMATES > Historic resources of approximately 300k oz of gold (50k oz Indicated / 250k oz Inferred) across the Blackdome-Elizabeth mineral claims. > Historic resource estimates were done at a gold price of US$1,000 per ounce (current spot US$1,725
Slide 21: Appendix: Elizabeth Drilling Results – 2020
APPENDIX: ELIZABETH DRILLING RESULTS – 2020 True Grade x Hole ID From (m) To (m) Interval (m) Gold Grade Silver Grade Vein Thickness (m) Metres EZ-20-04 101.5 104.7 3.20 2.45 5.26 7.51 17 SW Vein including 103.0 104.7 1.70 1.30 9.74 3.88 17 SW Vein EZ-20-06 116.5 121.5 5.00 3.83 61.3 44.5 307 SW Vei
Slide 22: Appendix: Blackdome Drilling Results – 2020
APPENDIX: BLACKDOME DRILLING RESULTS – 2020 HOLE-ID FROM TO Length AU AG Vein BD-20-21 49.00 162.30 113.30 0.47 3.3 No. 3 including 83.00 85.05 2.05 2.19 109 No. 3 including 122.40 123.30 0.90 16.7 9.8 No. 3 BD-20-22 58.00 126.50 68.50 0.89 2.0 No. 3 including 62.00 63.00 1.00 5.57 17.0 No. 3 includ