Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (April 2021)
28 slides from Maple Gold Mines's investor presentation, Apr 20, 2021
Slide 1: Corporate Presentation April 2021
CORPORATE PRESENTATION APRIL 2021
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: Investment Highlights
INVESTMENT HIGHLIGHTS Located in Strategic Major Company Established Robust Balance Strong Quebec’s prolific Partnership Management & Gold Resource Sheet Institutional Abitibi Greenstone with Major Board and Past Shareholders Belt Producer Producer Detour Lake Gold Mine PAGE 3
Slide 4: Why Quebec Rocks
WHY QUEBEC ROCKS Top Mining Jurisdiction: Consistently 1 ranked top 10 global mining jurisdiction.* 2nd largest gold producing province in 2 Canada: 35% of total production in 2019. M&A Hotspot: +$12 Billion in gold 3 transactions since 2013. Abitibi Greenstone Gold Belt Low-Cost Exploration: Signif
Slide 5: Key Management & Advisors
KEY MANAGEMENT & ADVISORS Matthew Hornor Joness Lang Kiran Patankar Fred Speidel David Broughton President & CEO, Executive VP SVP Growth Strategy VP Exploration Technical Advisor Director ▪ B.Com/Finance ▪ 12 years of senior ▪ 30+ years exploration • Former Executive VP, ▪ 10+ years Executive backg
Slide 6: Board of Directors
BOARD OF DIRECTORS Matthew Hornor Gérald Riverin Maurice Tagami Michelle Roth Sean Charland President & CEO, Director & Technical Director & Technical Director Director Director Advisor Advisor • Entrepreneur and business • Capital markets ▪ 10+ years Executive • Internationally • VP, Mining Operati
Slide 7: 50-50 Partnership with Agnico Eagle
50-50 PARTNERSHIP WITH AGNICO EAGLE ▪ NO. 1 GOLD PRODUCER IN CANADA & TOP 10 GOLD PRODUCER WORLDWIDE. ▪ Takes extremely conservative and measured approach to investments and asset acquisition. ▪ JV Definitive Agreement signed February 2021 ▪ Maple Gold’s Douay Project and Agnico’s Joutel Project con
Slide 8: Two Gold Projects – Established Resource & Past Producer
TWO GOLD PROJECTS – ESTABLISHED RESOURCE & PAST PRODUCER DOUAY GOLD PROJECT JOUTEL GOLD PROJECT Third Largest Undeveloped Gold Resource in Quebec Host of Agnico’s historical Telbel Mining Camp Indicated: 8.6Mt @ 1.52 g/t Au for 422Koz Au Past production of 6.2 Mt at 6.5 g/t Au for total of 1.15 Moz
Slide 9: Capital Structure, Financial Position & Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION & OWNERSHIP As of April 20, 2021 Share Ownership Mix Shares Outstanding 321.1M 2.7% Warrants1 56.9M 12.1% Options2 23.3M Management/Insiders/Closely Related Fully Diluted 401.3M 44.2% Agnico Eagle Mines 52-week high/low share price $0.56-$0.04 Market Capitalizat
Slide 10: Infrastructure Access & Geological Setting
INFRASTRUCTURE ACCESS & GEOLOGICAL SETTING • 2-hour drive north of Val d’Or, Quebec • 55 km SW of Matagami with skilled labour, local airport and rail access • Accessible by paved 2-lane provincial highway (Highway 109) • Next to major power line • Douay covers ~55 km of the Casa Berardi Deformation
Slide 11: Douay Project - Established Gold Resource
DOUAY PROJECT - ESTABLISHED GOLD RESOURCE • 2% NSR to Maple Gold and 134,000 oz of resource subject to 1% NSR to IAMGOLD • 2017 Metlabs metallurgical results: Gold recovery via gravity followed by flotation averaged 89% (see appendix) Notes: 1. CIM (2014) definitions were followed for Mineral Resour
Slide 12: Significant Resource Expansion Potential
SIGNIFICANT RESOURCE EXPANSION POTENTIAL Significant resource expansion potential across large 6 x 2 km resource area Same scale as Canadian Malartic – largest gold mine in Canada Douay mineral resource occurs along major lithotectonic boundary (Casa Berardi North Fault) • Sediments to the north hav
Slide 13: 2020 Step-Out Drill Program Success
2020 STEP-OUT DRILL PROGRAM SUCCESS Winter 2020 Step-Out Drill Success: 11 of 14 holes intersected higher-than-deposit average grade gold mineralization Significant resource expansion potential laterally and at depth at multiple zones such as Porphyry and NW Porphyry Zone Cross Section NW Zone Cross
Slide 14: Significant Depth Extension Potential
SIGNIFICANT DEPTH EXTENSION POTENTIAL Average vertical drill depth at Douay less than 400 metres Mines in the Abitibi famous for vertical continuity Casa Berardi, Goldex and Canadian Malartic mines all have known resources/mineralization down to 1,500-2,000 metres* Per RPA, potential to add 0.5-1.5
Slide 15: Winter 2021 JV Drill Campaign
WINTER 2021 JV DRILL CAMPAIGN • ~10,000 m program aimed at expanding resources • Approx. 20 holes with two drill rigs • Holes broadly distributed across established mineral resource and discovery targets • Results to be released in Q2-Q3/2021. PAGE 15
Slide 16: Joutel Project – High-Grade Past Producer
JOUTEL PROJECT – HIGH-GRADE PAST PRODUCER • 39 km2 land package south of Douay project 1 • Exploration in the area began in 1962 • Local historical production of 6.2 Mt at 6.5 g/t Au totalling 1.15 Moz between 1974 and 1993 3 • Mining cut-off grades used were significantly higher than what would be
Slide 17: Joutel Project – Untapped High-Grade Potential
JOUTEL PROJECT – UNTAPPED HIGH-GRADE POTENTIAL Plan View • Project exploration area last drilled in 2011-2012. • Significant drilling gaps remain and no follow up has been carried out since 2012. • Potential for near-surface, higher-grade mineralization around the old Telbel Mine shaft in addition t
Slide 18: Targeting the Next Major Abitibi Gold Camp
TARGETING THE NEXT MAJOR ABITIBI GOLD CAMP Maple Gold’s goal is to establish a new multi-million (+5Moz) gold camp in the heart of the Abitibi VMS Targets Prospective target areas with little to no exploration work completed Douay Conceptual Pits (RPA ‘19) Disclaimer: Mineralization hosted on adjace
Slide 19: Regional Exploration – NE IP & P8 Targets
REGIONAL EXPLORATION – NE IP & P8 TARGETS Northeast IP Target (NE IP Target) P8 Target Simplified geology map and structural context showing Douay resource conceptual pits Simplified geology map with structural context showing Douay resource conceptual pits and the NE IP Target area as a chargeabili
Slide 20: Major Catalysts - FY2021
MAJOR CATALYSTS - FY2021 H1/2021 H2/2021 ✓ Sign Definitive JV agreement with Agnico Eagle ❑ Winter program drill results ✓ Fall 2020 Drill Program Results ❑ 3D model and resource optimization ❑ ~10,000m Winter 2021 Drill campaign at Douay + ❑ Updated NI43-101 Resource Estimate for Douay results ❑ Re
Slide 21: The Path Forward to Value Creation
THE PATH FORWARD TO VALUE CREATION ESTABLISHED GOLD RESOURCE ROBUST BALANCE SHEET WORLD-CLASS PARTNER RESOURCE EXPANSION NEW GOLD DISCOVERIES PAGE 21
Slide 22: Contact Information
CONTACT INFORMATION Shirley Anthony - Director, Corporate Communications E-mail: santhony@maplegoldmines.com Phone: 778-999-2771 PAGE 22
Slide 23: NE IP Target – Initial Fall 2020 Drill Results
NE IP TARGET – INITIAL FALL 2020 DRILL RESULTS • Initial results are from the first two holes drilled in the immediate NE IP Target area in over 25 years. • Results shows NE IP chargeability anomaly corresponds to a large new sediment-hosted, sulfide-rich hydrothermal system with locally significant
Slide 24: Douay Exploration/Corporate History
DOUAY EXPLORATION/CORPORATE HISTORY • Douay was staked in 1976 and initially explored for higher-grade underground resources. • Bulk tonnage potential first outlined in 2004-05 • Project acquired by Aurvista Gold Corporation in late 2010 and name changed to Maple Gold in late 2017 during management/
Slide 25: Douay Historical Drilling Summary
THE PATH FORWARD TO VALUE CREATION Company Year Drill Holes Total Metres Cumulative Drill Holes Inco, SOQUEM and Aurizon 1976 to 1999 468 122,906 468 Vior 2004 to 2010 107 32,785 575 Auravista/MGM 2011 to 2020 264 101,184 839 TOTAL 1976 to 2020 839 256,875 839 • Substantial drill core library well-a
Slide 26: RPA Resource Breakdown by Zone
RPA RESOURCE BREAKDOWN BY ZONE Mineral Resources at Douay Deposit per Zone as of October 23, 2019 PAGE 26
Slide 27: Pipeline of Targets - Large IP Surveys Underway at Douay
PIPELINE OF TARGETS - LARGE IP SURVEYS UNDERWAY AT DOUAY • One of the largest IP surveys to be carried out a Douay is IP grid lines over ~15 km2 area along northern flank of Douay resource area underway: ~120 line km over 3 grids. • First grid covers a +15 km2 area along the northern flank of the Do
Slide 28: Preliminary Metallurgical Results
PRELIMINARY METALLURGICAL RESULTS Preliminary gravity/flotation test on Douay samples • 2017 Metlabs Study: samples were evaluated with direct cyanidation, flotation and gravity recovery methods. Results were as follows: • Average gold gravity recovery was 26% • Average whole ore leach recovery was
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