Mont Royal Resources Ltd. · ASX:MRZ
Mont Royal Resources — Shareholder Meeting (November 2022)
26 slides from Mont Royal Resources's shareholder meeting presentation, Nov 24, 2022
Slide 1: A Significant Position in an Underexplored Greenstone Belt
For personal use only MONT ROYAL RESOURCES ASX:MRZ A SIGNIFICANT POSITION IN AN UNDEREXPLORED GREENSTONE BELT
Slide 2: Disclaimer
DISCLAIMER This investor presentation has been prepared by Mont Royal Resources Limited (ACN 625 237 658). For personal use only This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview
Slide 3: About Mont Royal
For personal use only Mont Royal Resources (ASX:MRZ) is building a significant position in an underexplored greenstone belt in Quebec, Canada. The Company’s Wapatik & Northern Lights Projects, are both strategically located in the upper and lower Eastmain greenstone belt. Mont Royal recently discove
Slide 4: Corporate Snapshot
For personal use only CORPORATE SNAPSHOT ASX:MRZ $0.195 $13m ASX Code Share Price at 21 Nov ‘22 Market Capitalisation 67m 10m 5m Shares on Issue Options Restricted Vendor Shares $9m $4m Enterprise Value Cash as at 30 September 2022 www.montroyalres.com 4
Slide 5: Board of Directors
BOARD OF DIRECTORS Corporate Snapshot For personal use only Gary Lawler Peter Ruse Michael O’Keeffe Non-Executive Executive Director Non-Executive Director Chairman B Comm, Grad Cert Applied B Comm, Grad Cert Applied BA, LLB, LLM (Hons), Master of Finance and Investment Finance and Investment Laws (
Slide 6: Our Projects
OUR PROJECTS Corporate Snapshot Wapatik Project For personal use only • Option/Joint Venture to earn 70%, operated by Azimut Exploration • 220 claims totalling 115km2 with the 3rd phase drill program recently completed - results pending • Second intrusive Ni/Cu/Co surface discovered 2km north of exi
Slide 7: Wapatik Project
For personal use only WAPATIK PROJECT Option/Joint Venture to earn 70% Lower Eastmain Greenstone belt, James Bay Region, Quebec.
Slide 8: Wapatik Project Location
WAPATIK PROJECT LOCATION For personal use only *Refer to ASX announcement of 30 June 2022 entitled ‘Maiden Drill Program hits Nickel-Copper Sulphides at Wapatik’ www.montroyalres.com 8
Slide 9: Our Progress to Date
OUR PROGRESS TO DATE Corporate Snapshot Wapatik Project For personal use only • Three (3) phases of drilling completed during 2022 • Total of 3,383m drilled, no operational issues encountered • Pulse-EM borehole surveys were performed to maximize the search radius for each hole and provide informati
Slide 10: Wapatik Project Overview
WAPATIK PROJECT OVERVIEW For personal use only 220 claims totalling 115km2 in continuous tenure - underexplored with highly limited modern exploration. The region is host to the Éléonore gold mine (Newmont Corporation NEM.US) and recent Patwon discovery/Elmer property, with Azimut consolidating the
Slide 11: Maiden Discovery
MAIDEN DISCOVERY For personal use only • Discovery of nickel-copper massive sulfide mineralisation during the maiden 1,000m diamond drilling program at the Wapatik Project. • This initial drilling interval is ranked as one of the best recorded results for nickel-copper mineralisation in the James Ba
Slide 12: 2022 – An Active Year of Drilling
2022 – AN ACTIVE YEAR OF DRILLING For personal use only Completed and planned holes from phase 1-3 drilling programs *Refer to ASX announcement of 4 October 2022 entitled ‘Phase 3 Drilling and Prospecting Program Commences at Wapatik Project’ www.montroyalres.com 12
Slide 13: Second Ni/Cu/Co Surface Discovery
SECOND Ni/Cu/Co SURFACE DISCOVERY Announced in October, a surface discovery of a new nickel-copper-bearing ultramafic intrusion 2kms north of the ultramafic intrusion For personal use only discovered in 2021. This field result is as an encouraging step, further demonstrating the nickel-copper potent
Slide 14: Gold Potential at Wapatik
GOLD POTENTIAL AT WAPATIK For personal use only • Excellent additional results have been recently received for the dense mineral fraction from the till survey previously mentioned. • Twenty-two (22) samples returned values higher than 0.5 g/t Au, including 14 samples with values higher than 1.0 g/t
Slide 15: Wapatik 2023 Proposed Exploration Program
For personal use only WAPATIK 2023 PROPOSED EXPLORATION PROGRAM Dec 22 Mar 23 June 23 Sept 22 Exploration Activity Quarter Quarter Quarter Quarter Phase 4 drill program - A 4th phase of drilling will be determined upon receipt of the above results and interpretation during the winter 2022/2023 seaso
Slide 16: Northern Lights Projects
For personal use only NORTHERN LIGHTS PROJECTS Upper Eastmain Greenstone belt, James Bay Region, Quebec.
Slide 17: Regional Location – Upper Eastmain Greenstone Belt
REGIONAL LOCATION – UPPER EASTMAIN GREENSTONE BELT For personal use only Situated in the Upper Eastmain Greenstone belt, 300km NNE of the town of Chibougamau; 56km south of Renard Diamond mine. The Upper Eastmain Greenstone Belt is one of several Archean greenstone belts situated within the Canadian
Slide 18: Access and Infrastructure
ACCESS AND INFRASTRUCTURE For personal use only Total land package of 536 km2. 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) projects in Northern Qu
Slide 19: Eastmain Léran – Summer/Fall 2022 Fieldwork
EASTMAIN LÉRAN – SUMMER/FALL 2022 FIELDWORK For personal use only Results from the summer exploration season carried out late in the are due to be received from ALS in Val D’Or, Quebec Upon review of these results a Winter drilling exploration program will be considered for the Eastman Léran project
Slide 20: Tarku Project
TARKU PROJECT For personal use only • The property is the eastern extension of the Eastmain Project, with similar geology and contains gold mineralisation distributed along the faults. • The area is characterised by presence of several heli-borne TDEM anomalies similar to that explored by Benz Minin
Slide 21: Tarku – Drill Ready Targets
TARKU – DRILL READY TARGETS For personal use only Target #2 Encompasses the strong and large heli-borne EM anomaly located along the contact of the gabbro intrusion • Significant in both size and intensity it can be related to highly conductive host rocks. • The anomaly associates with pyrite-pyrrho
Slide 22: Creating Shareholder Value
For personal use only CREATING SHAREHOLDER VALUE Excellent relationships with existing Quebec partners • Continuing a strong technical and operational partnerships with Azimut Exploration & IOS Geoscientifique Leverage off modern electromagnetic (EM) geophysics in its future exploration programs • D
Slide 23: Mont Royal Resources
For personal use only MONT ROYAL RESOURCES Level 8, 2 Bligh St Sydney NSW 2000 WEBSITE www.montroyalres.com EMAIL CONTACT info@montroyalres.com SOCIAL MEDIA @MontRoyalRes www.montroyalres.com 23
Slide 24: Appendices
For personal use only APPENDICES
Slide 25: Why Quebec?
WHY QUEBEC? For personal use only One of the most active regions for Gold and Copper exploration in Canada A world-class jurisdiction for exploration and future project development Very low geopolitical risk Highly supportive Mining Tax Act – allowing deduction of exploration and development expense
Slide 26: AZtechMine Predictive Modelling
AZTECHMINE™ - PREDICTIVE MODELLING For personal use only • By Partnering with Azimut, Mont Royal will benefit from the in-house technology and the strong technical expertise successfully applied to exploration in Quebec • The AZtechMine™ expert system is a pioneer data processing and analytics metho
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