Canasil Resources Inc. · TSXV:CLZ
Canasil Resources — Investor Presentation (October 2021)
54 slides from Canasil Resources's investor presentation, October 2021
Slide 1: Corporate Presentation: Silver-Gold-Copper-Zinc Exploration in Mexico and BC
_____________________________________ www.canasil.com TSX-V:CLZ Silver-Gold-Copper-Zinc Exploration in Mexico and British Columbia, Canada Corporate Presentation October 2021 Canasil Resources Inc. - Creating Value Through Discovery 1
Slide 2: Forward-looking Statements
_____________________________________ www.canasil.com TSX-V:CLZ “Forward-looking Statements” This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than statements of historical fact, that address future production, r
Slide 3: Directors, Officers, Advisors
_____________________________________ www.canasil.com TSX-V:CLZ Directors, Officers, Advisors: Alvin Jackson, Director Michael McInnis, Director Arthur Freeze, Director Bahman Yamini, Director, Pres. & CEO, Kerry Spong, CFO & VP Finance Graham Scott, Corp. Sec., Legal Counsel Erme Enriquez, Dir. Exp
Slide 4: High Potential Silver-Gold-Copper Exploration in Mexico and BC, Canada
_____________________________________ www.canasil.com TSX-V:CLZ High Potential Silver-Gold-Copper Exploration in Mexico and BC, Canada Investment highlights: • Multiple exploration projects targeting large mineralized systems • Extensive exploration expenditures to date including drilling • High dis
Slide 5: Major Value Drivers: Leverage to Positive Resource Cycle
_____________________________________ www.canasil.com TSX-V:CLZ Major Value Drivers: 1. Leverage to Positive Resource Cycle – Silver, Gold, Copper Miners SIL: Global X Silver Miners ETF COPX: Global X Copper Miners ETF GDXJ: Van Eck Vectors Junior Gold Miners ETF Canasil Resources Inc. - Creating Va
Slide 6: Major Value Drivers: Leverage to Increasing Silver, Gold & Copper Prices
_____________________________________ www.canasil.com TSX-V:CLZ Major Value Drivers: 2. Leverage to Increasing Silver, Gold & Copper Prices 2-Year Silver Price: US$ 15 – 24.14 per Oz X 1.61 2-Year Copper Price: US$ 2.60 – 4.52 per Lb X 1.74 2-Year Gold Price: US$ 1,250 – 1,784 per Oz X 1.43 Canasil
Slide 7: Major Value Drivers: Leverage to Exploration Discovery Drilling
_____________________________________ www.canasil.com TSX-V:CLZ Major Value Drivers: 3. Leverage to Exploration Discovery Drilling Canasil projects: Highest added value and share price appreciation potential in project life cycle Canasil Resources Inc. - Creating Value Through Discovery 7
Slide 8: Major Factors for Building Shareholder Value
_____________________________________ www.canasil.com TSX-V:CLZ Major Factors for Building Shareholder Value: • Discovery drilling on high grade silver-gold-base metal projects in Durango and Zacatecas States, Mexico • Gold-Copper projects in BC, Canada: multiple gold-copper targets including porphy
Slide 9: Multiple Drill Ready Projects
_____________________________________ www.canasil.com TSX-V:CLZ Multiple Drill Ready Projects: 1. Nora, Durango, Mexico: Silver-Gold-Copper-Zinc-Lead, high grade epithermal veins – New Discovery 2021 follow up drill program returning multiple very high gold and silver intercepts, higher grades over
Slide 10: Focused Mexico Projects Portfolio on Prolific Silver Belt
_____________________________________ www.canasil.com TSX-V:CLZ Focused Mexico Projects Portfolio on Prolific Silver Belt: Canasil Resources Inc. - Creating Value Through Discovery 10
Slide 11: Full-time Mexico Exploration Team and Facilities in Durango City
_____________________________________ www.canasil.com TSX-V:CLZ Full-time Mexico Exploration Team and Facilities in Durango City: • Results driven and cost effective exploration programs • Technical knowledge base • Close local community relations Mexico exploration and administration office and cor
Slide 12: Nora Silver-Gold Project, New High-grade Ag-Au Discovery in Progress
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, New High-grade Ag-Au Discovery in Progress Potential for Large Ag-Au System • 200 km NW of Durango • On major trend hosting silver- gold mines – Fresnillo San Julian, Endeavour Silver Guanacevi • 50 km W of SSR
Slide 13: Nora Silver-Gold Project, 2020 Maiden Drill Program
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, 2020 Maiden Drill Program High-grade Silver and Gold Intercepts from the Candy Vein 13
Slide 14: Nora Silver-Gold Project, Candy Vein, 2021 Drill Program
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Candy Vein, 2021 Drill Program Drilling below and in between 2020 high-grade gold-silver intercepts Phase 2 Drill Program July 2021 Completed 4 drill holes for 932 metres NRC-21-09 NRC-21-12 Canasil Resources I
Slide 15: Nora Silver-Gold Project, 2021 Candy Vein Phase 2 Drill Program
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, 2021 Candy Vein Phase 2 Drill Program Higher Silver and Gold Grades over Wider Widths 15
Slide 16: Nora Silver-Gold Project, 2021 Candy Vein Phase 2 Drill Program
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, 2021 Candy Vein Phase 2 Drill Program Higher Silver and Gold Grades over Wider Widths 16
Slide 17: Nora Silver-Gold Project, Candy Vein – 3 Km NS Strike
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Candy Vein – 3 Km NS Strike High-grade Au-Ag Drill Intercepts over 500 m Strike, Open Along Strike and to Depth NRC-20-06 3 High-grade Vein Intercepts Vein From To Width Au Ag Ag Eq M M M g/t g/t g/t Nora Proje
Slide 18: Nora Silver-Gold Project, Candy Vein – 3 Km NS Strike
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Candy Vein – 3 Km NS Strike High-grade Au-Ag Drill Intercepts over 500 m Strike, Open Along Strike and to Depth NRC-21-11 3 High-grade Vein Intercepts NRC-21-12 3 Wider & Higher Grade Intercepts With Depth 18
Slide 19: Nora, Candy Vein long section
_____________________________________ www.canasil.com TSX-V:CLZ Nora, Candy Vein long section – 500 m of 3 km NS Strike tested High gold and silver grades within central panel, increasing to depth 19
Slide 20: Nora Project, Candy Vein NRC-20-06
_____________________________________ www.canasil.com TSX-V:CLZ Nora Project, Candy Vein NRC-20-06 132.85 – 135.50 m 2.65m 4.78 g/t Au, 351 g/t Ag 698 g/t AgEq Incl. 132.85 – 134.00 m 1.15 m 7.9 g/t Au, 528 g/t Ag 1,101 g/t AgEq 145.50 – 146.65 m 1.65 m 11.86 g/t Au, 378 g/t Ag 1,238 g/t AgEq Incl.
Slide 21: Nora Project, Candy Vein NRC-21-09
_____________________________________ www.canasil.com TSX-V:CLZ Nora Project, Candy Vein NRC-21-09 180.97 – 184.60 3.63 m 6.44 g/t Au, 884 g/t Ag 1,355 g/t AgEq Incl. 180.97 – 183.00 2.03 m 8.45g/t Au, 1,021 g/t Ag 1,634 g/t AgEq 194.90 – 196.60 m 1.70 m 20.59 g/t Au, 1,290 g/t Ag 2,783 g/t AgEq Inc
Slide 22: Nora Project, Candy Vein NRC-21-12
_____________________________________ www.canasil.com TSX-V:CLZ Nora Project, Candy Vein NRC-21-12 209.50 – 222.00 12.50 m 5.31 g/t Au, 336 g/t Ag 721 g/t AgEq Incl. 209.50 – 211.00 1.50 m 9.00 g/t Au, 487 g/t Ag 1,140 g/t AgEq Incl. 212.00 – 214.00 2.00 m 9.54/t Au, 729 g/t Ag 1,421 g/t AgEq 220.00
Slide 23: Nora Silver-Gold Project, Potential for Extensive Mineralized System
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Potential for Extensive Mineralized System Looking W, Candy Vein, Historical Mine Workings & Geochem Soil Anomalies Candy Vein 2020-21 SW Ag-Au High-Grade Au-Ag Geochem intercepts 500 m Anomaly 1.5 km Candy Vei
Slide 24: Nora Silver-Gold Project, Multiple Exploration Targets
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Multiple Exploration Targets 1. Candy vein high-grade silver- 2.5 km gold zone below/along strike 2020 drill intercepts 2. Candy vein extensions 3 km NS strike 3. SW silver and gold anomaly 1.5 km strike, high-
Slide 25: La Esperanza Silver-Gold-Zinc-Lead Project
_____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Silver-Gold-Zinc-Lead Project • Large property package: 14,916 hectares, 150 SqKm • Strategic location: southern Durango and northern Zacatecas States • On prolific Fresnillo Silver Trend – World class high grade Silver min
Slide 26: La Esperanza: Region Hosting World Class Silver Mines
_____________________________________ www.canasil.com TSX-V:CLZ La Esperanza: Region Hosting World Class Silver Mines Canasil Resources Inc. - Creating Value Through Discovery 26
Slide 27: La Esperanza: Multiple High-Grade Silver-Gold-Zinc-Lead Veins
_____________________________________ www.canasil.com TSX-V:CLZ La Esperanza: Multiple High-Grade Silver-Gold-Zinc-Lead Veins 5 High Grade Silver Veins 15 Km x 7.5 Km Area Cum. +12 km Strike High Ag Grades & Widths Canasil Resources Inc. - Creating Value Through Discovery 27
Slide 28: La Esperanza Vein: Early Drill Programs, High-grade Silver-Gold Intercepts
_____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Vein: Early Drill Programs, High-grade Silver-Gold Intercepts Canasil Resources Inc. - Creating Value Through Discovery 28
Slide 29: La Esperanza Vein: 2016-17 Drill Program, High-grade Silver-Gold Intercepts
_____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Vein: 2016-17 Drill Program, High-grade Silver-Gold Intercepts Canasil Resources Inc. - Creating Value Through Discovery 29
Slide 30: La Esperanza Vein: 2016-17 Drill Program, High-grade Core Photos
La Esperanza Vein: 2016-17 Drill Program, High-grade Core Photos _____________________________________ www.canasil.com TSX-V:CLZ ES-17-16: 143.00 – 145.35m, TW 1.95m 628 g/t Ag, 0.90% Zn, 1.52% Pb Including: 144.20 – 145.35m TW 0.95m 1,133 g/t Ag, 1.56% Zn, 2.98% Pb ES-17-19: 208.33 – 302.01m TW 2.7
Slide 31: 200 m Surface Outcrop
_____________________________________ www.canasil.com TSX-V:CLZ 200 m Surface Outcrop EES-20-22 0.97 m 426 g/t Ag 350 m Depth EES-21-23 0.57 m 5.9 g/t Au, 404 g/t Ag ES-21-24 0.42 m 1.5 g/t Au, 206 g/t Ag, 8.8% Pb, 10.2% Zn 525 m Strike Canasil Resources Inc. - Creating Value Through Discovery
Slide 32: La Esperanza Vein: High Grade x Width Mineralized Envelope
_____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Vein: High Grade x Width Mineralized Envelope 2021 Drill program 525 m Strike in progress to expand mineralized envelope Est. Inferred 350 m Depth Silver Content: 15 Moz AgEq 1.32 MT, Average 240 g/t Ag, 1.1% Pb, 1.32% Zn o
Slide 33: La Esperanza Vein, 2021 Drill Program
_____________________________________ www.canasil.com TSX-V:CLZ La Esperanza Vein, 2021 Drill Program Canasil Resources Inc. - Creating Value Through Discovery 33
Slide 34: Salamandra Silver-Copper-Zinc Project, Durango, Mexico
_____________________________________ www.canasil.com TSX-V:CLZ Salamandra Silver-Copper-Zinc Project, Durango, Mexico • Large area: 14,760 hectares, 148 SqKm • Excellent access and infrastructure - 35km ENE Durango City • Strategic Location: On trend with major silver, copper, zinc, lead deposits •
Slide 35: Salamandra: Similar to San Martin Sabinas Mine, DSV Cordero and Other Deposits
_____________________________________ www.canasil.com TSX-V:CLZ Salamandra Silver-Zinc-Copper : Similar to San Martin Sabinas Mine, DSV Cordero, and SSV Cerro Los Minitas & SLV La Joya Deposits • DSV - Cordero MC $722 M 260 Moz Ag Ind. & Inf. Res. 199 MT (103 g/t AgEq), 40 g/t Ag, 1.25 Zn, 0.63% Pb,
Slide 36: Salamandra Project Systematic Exploration; Potential for Large Mineralized System
_____________________________________ www.canasil.com TSX-V:CLZ Salamandra Silver-Zinc-Copper Project Systematic Exploration; Potential for Large Mineralized System ZTEM Airborne Survey Satellite Imaging High Resolution Mapping Ground IP Survey Extensive Geochem Sampling Geological Mapping 18,000 m
Slide 37: Salamandra Project - Drill Intercepts Indicate Potential for Extensive Mineralized System
_____________________________________ www.canasil.com TSX-V:CLZ Salamandra Project, Durango, Mexico - Drill Intercepts Indicate Potential for Extensive Silver-Zinc-Copper Mineralized System Canasil Resources Inc. - Creating Value Through Discovery 37
Slide 38: Salamandra Project, Durango, Mexico – Selected Drill Intercepts
_____________________________________ www.canasil.com TSX-V:CLZ Salamandra Project, Durango, Mexico – Selected Drill Intercepts Drill Intercept Width Silver Zinc Copper Lead Hole From – To: m m g/t % % % SA-07-02 7.40 – 17.25 9.85 102 0.55 0.02 0.03 SA-07-02 27.65 – 35.10 7.45 50 12.00 0.22 0.06 SA-
Slide 39: Salamandra Project, Durango, Mexico – Selected Drill Intercepts
_____________________________________ www.canasil.com TSX-V:CLZ Salamandra Project, Durango, Mexico – Selected Drill Intercepts Drill Intercept Width Silver Zinc Copper Lead Hole From – To: m m g/t % % % SA 14-15 605.74 - 613.13 7.89 166 1.2 1.2 0.6 SA 14-15 607.50 – 609.80 2.30 393 2.8 3.6 0.4 SA 1
Slide 40: SA-14-15 605.74 - 613.13m: 7.89m Intercept
_____________________________________ www.canasil.com TSX-V:CLZ SA-14-15 605.74 - 613.13m: 7.89m 166 g/t Ag, 1.2% Cu, 1.2% Zn 0.6% Pb Canasil Resources Inc. - Creating Value Through Discovery 40
Slide 41: Vizcaino Silver-Gold Project, Durango State, Mexico
_____________________________________ www.canasil.com TSX-V:CLZ Vizcaino Silver-Gold Project, Durango State, Mexico • 3,400 ha located 127 km N of Durango • Epithermal quartz vein outcrop on hillside up to 12 m in width • Anomalous gold values 32 to 141 ppb Au in 20 samples over 1,000 m strike dista
Slide 42: Sandra-Escobar Project, Durango, Mexico
_____________________________________ www.canasil.com TSX-V:CLZ Sandra-Escobar Project, Durango, Mexico • Closed sale of interest to Pan American Silver on June 28, 2019, subject to 2% NSR royalty interest • Disseminated Silver and high-grade Silver-Gold-Copper-Zinc-Lead veins • Physical and geologi
Slide 43: BC, Canada Projects - Leverage to Gold-Copper Discovery
_____________________________________ www.canasil.com TSX-V:CLZ BC, Canada Projects - Leverage to Gold-Copper Discovery • Located on recognized trend in north central BC hosting major mines and deposits • Interest by majors in large copper-gold exploration projects • Multiple copper-gold targets on
Slide 44: Canasil BC Projects, North-central BC
_____________________________________ www.canasil.com TSX-V:CLZ Canasil BC Projects North-central BC Brenda – 44.50 Sq Km Au-Cu Porphyry System Kemess-Toodoggone Au-Cu porphyry district Excellent Access and Infrastructure Advanced Exploration Multiple Porphyry Targets Vega – 90.00 Sq km Cu-Au System
Slide 45: Brenda Gold-Copper Project
_____________________________________ www.canasil.com TSX-V:CLZ Brenda Gold-Copper Project Excellent Location Between Centerra Gold Kemess Mine and KUG / KE Deposits And Benchmark Metals Lawyers Project Road and Air Access, Power Line Updated Technical Report Feb. 2021 Extensive Exploration Data Pac
Slide 46: Brenda Project – Very Active High Potential Copper-Gold District
_____________________________________ www.canasil.com TSX-V:CLZ Brenda Project – Very Active High Potential Copper-Gold District BNCH LAWYERS Project $70 M funding since 2018 MC $222 M AMARC Res. JOY Project CPAU WILLIAMS Project May 2021 Freeport Option $6.5 m funding since 2020 60% Interest $35 M
Slide 47: Brenda Project: surface signature of porphyry gold-copper systems
_____________________________________ www.canasil.com TSX-V:CLZ Brenda Project: surface signature of porphyry gold-copper systems Alunite Plume Surface Gossan Gold-Copper Surface Anomaly & Drill Area Canasil Resources Inc. - Creating Value Through Discovery 47
Slide 48: Brenda Project: Multiple Porphyry Gold-Copper Drill Targets
_____________________________________ www.canasil.com TSX-V:CLZ Brenda Project: Multiple Porphyry Gold-Copper Drill Targets Updated Technical Report February 2021 Canasil Resources Inc. - Creating Value Through Discovery 48
Slide 49: Multiple Drill Targets Defined for Proposed Exploration Program
_____________________________________ www.canasil.com TSX-V:CLZ Multiple Drill Targets Defined for Proposed Exploration Program Includes Deeper Sensing Geophysics and Drilling >0.1 g/t Au Drill Envelope Completed Drill Holes 3D-IP Chargeability Envelope Outlines Proposed Drill Holes 500 m Cross Sect
Slide 50: Vega Cu-Au Project – Located on Quesnel-Stikine Copper-Gold Trend
_____________________________________ www.canasil.com TSX-V:CLZ Vega Cu-Au Project – Located on Quesnel-Stikine Copper-Gold Trend in BC Vega – 90.00 Sq km Cu-Au System Lorraine-Kwanika Cu District Early Exploration Multiple Cu-Au Targets Vega East Targets Close to Northwest Copper (Serengeti & Sun M
Slide 51: Vega Cu-Au Project – Airborne Magnetic Survey Outlines Two Structural Corridors
_____________________________________ www.canasil.com TSX-V:CLZ Vega Cu-Au Project – Airborne Magnetic Survey Outlines Two Structural Corridors • Structures and Possible Intrusion-related Anomalies stand out on Vega East and West • Potential for multiple copper-gold targets Aerial Magnetic Survey To
Slide 52: Vega East: 2016 Aeromag Anomalies Coincident with Au-Cu Geochem
_____________________________________ www.canasil.com TSX-V:CLZ Vega East: 2016 Aeromag Anomalies Coincident with Au-Cu Geochem Outline Multiple Targets mHD • mHA: Immediately south of original Vega Minfile surface geochem occurrence • mHB: 1 km SE of MHA, associated with VEGA, BEG, RON elevated gol
Slide 53: Vega West – Pluto Showing
_____________________________________ www.canasil.com TSX-V:CLZ Vega West – Pluto Showing • Pluto showing is located in the centre of a NW-SE corridor outlined by airborne Mag survey • Airborne Mag survey shows strong magnetic features, possibly related to intrusive units • A well defined magnetic b
Slide 54: Why Canasil? Key Factors for Creating Shareholder Value
_____________________________________ www.canasil.com TSX-V:CLZ Why Canasil? Key Factors for Creating Shareholder Value: • 100% owned portfolio of advanced exploration projects in Mexico and BC, potential for discovery on drill ready projects • Nora silver-gold-copper project, Mexico: new discovery
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