Canasil Resources Inc. · TSXV:CLZ
Canasil Resources — Investor Presentation (March 2022)
55 slides from Canasil Resources's investor presentation, March 2022
Slide 1: Silver-Gold-Copper-Zinc Exploration in Mexico and British Columbia, Canada
_____________________________________ www.canasil.com TSX-V:CLZ Silver-Gold-Copper-Zinc Exploration in Mexico and British Columbia, Canada Corporate Presentation March 2022 TSX-V:CLZ OTC:CNSUF DBFrankfurt:3CC 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: 1. 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: 2. Leverage to Increasing Silver, Gold & Copper Prices
_____________________________________ www.canasil.com TSX-V:CLZ Major Value Drivers: 2. Leverage to Increasing Silver, Gold & Copper Prices 30-Month Silver Price: US$ 15 – 25.30 per Oz X 1.69 30-Month Copper Price: US$ 2.60 – 4.60 per Lb X 1.77 30-Month Gold Price: US$ 1,250 – 1,937 per Oz X 1.55 Ca
Slide 7: Major Value Drivers: 3. 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: Canasil Share Price 2019 – 2022
_____________________________________ www.canasil.com TSX-V:CLZ Canasil Share Price 2019 – 2022: Leverage to Drill Discovery and Increasing Gold-Silver Prices 07/2019 – 07/2020 06/2020 – 03/2022 CLZ: $0.075 - $0.25 +230% CLZ: $0.06 - $0.12 +100% Ag: $15 - $29 +93% Ag: $18 - $25 +38% Canasil Resource
Slide 9: 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 10: 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 programs returning multiple high grade gold and silver intercepts, higher grades ove
Slide 11: 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 11
Slide 12: 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 13: 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 14: Nora Silver-Gold Project, Candy Vein, 2020 - 2021 Drill Programs
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, Candy Vein, 2020 - 2021 Drill Programs Initial Drill Programs Testing Candy vein Along Strike and to Depth 3,115 metres Core Drilling in 13 Drill Holes Testing the Candy Vein 500 metres Along Strike 200 metres
Slide 15: Nora Silver-Gold Project, 2020 – 2021 Drill Programs
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, 2020 – 2021 Drill Programs High-grade Silver and Gold Intercepts from the Candy Vein 15
Slide 16: Nora Silver-Gold Project, 2020 - 2021 Drill Programs
_____________________________________ www.canasil.com TSX-V:CLZ Nora Silver-Gold Project, 2020 - 2021 Drill Programs High-grade Silver and Gold Intercepts from the Candy Vein 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 Proj
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, Candy Vein long section
_____________________________________ www.canasil.com TSX-V:CLZ Nora, Candy Vein long section – 500 m of 3 km NS Strike tested High weighted average Grade x Width values within mineralized envelope tested 20
Slide 21: Nora Project, Candy Vein
_____________________________________ 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 22: Nora Project, Candy Vein
_____________________________________ 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 23: Nora Project, Candy Vein
_____________________________________ 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 24: 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 25: 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 26: 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 27: 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 27
Slide 28: 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 28
Slide 29: 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 29
Slide 30: 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 30
Slide 31: 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 32: 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 33: 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 34: 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 34
Slide 35: 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 36: Salamandra Silver-Zinc-Copper: Similar to San Martin Sabinas Mine
_____________________________________ 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 37: Salamandra Silver-Zinc-Copper Project
_____________________________________ 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 38: Salamandra Project, Durango, Mexico - Drill Intercepts Indicate Potential
_____________________________________ 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 38
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-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 40: 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 41: SA-14-15 605.74 - 613.13m
_____________________________________ 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 41
Slide 42: 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 43: 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 44: 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 45: Canasil BC Projects
_____________________________________ 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 46: 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 47: 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 48: 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 48
Slide 49: 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 49
Slide 50: 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 51: Vega Cu-Au Project – Located on Quesnel-Stikine Copper-Gold Trend in BC
_____________________________________ 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 52: 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 53: Vega East: 2016 Aeromag Anomalies
_____________________________________ 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 54: 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 55: 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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