Benz Mining Corp. · TSXV:BZ
Benz Mining — Investor Presentation (2021)
20 slides from Benz Mining's investor presentation, 2021
Slide 1: Driving Growth of a High-Grade Gold District
z ELECTROMAGNETICS EASTMAIN GOLD PROJECT QUEBEC, CANADA DRIVING GROWTH OF A HIGH-GRADE GOLD DISTRICT BENZMINING.COM | TSXV: BZ, ASX: BNZ FOLLOW US: @BENZMINING CORP
Slide 2: Disclaimer and Forward Looking Statements
DISCLAIMER AND FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "Expect", "Anticipate", "Continue", "Estimate", "Objective", "Ongoing", "May", "Will", "Projec
Slide 3: Eastmain – Quebec's Forgotten Gold District
EASTMAIN – QUEBEC’S FORGOTTEN GOLD DISTRICT An underexplored gold district in the heart of Quebec Over 220 km2 of highly prospective tenure covering 45km strike of greenstone belt Discovered in 1970 via airborne electromagnetics surveys (EM) High grade gold mineralization identified over 10km with i
Slide 4: Board of Directors
BOARD OF DIRECTORS EVAN CRANSTON PETER WILLIAMS NICK TINTOR MATHEW O’HARA Executive Chairman Director Director Director B. Com., LLB from University of Western M.Eng.Sc in Geophysics from Colorado BSc. in Geology from the University of B.Com. from University of Western Australia, former corporate la
Slide 5: Highly Experienced Management Team
HIGHLY EXPERIENCED MANAGEMENT TEAM XAVIER BRAUD, MAIG CEO & Head of Corporate Development Australia M.Sc. in Geology from Universite Paris XI, Ecole Normale Superieure de Paris and Universite de Cergy-Pontoise, exploration geologist with 13 years field experience Previous roles include Resource Anal
Slide 6: Corporate Summary
CORPORATE SUMMARY Symbol TSXV:BZ / ASX:BNZ BZ.TSXV YTD Share price and volume $1.40 1400 Common Shares Outstanding 98,838,756 Warrants (C$0.12 - C$1.00) 50,265,428 $1.20 1200 Options (C$0.07 - C$3.00) 7,457,213 $1.00 1000 Volume (Thousands) Top 20 Shareholders (%) ~50% $0.80 800 Share Price Current
Slide 7: Quebec: A World Class Mining Jurisdiction
QUEBEC: A WORLD CLASS MINING JURISDICTION Quebec – one of the largest gold producing regions in the world (+260 Moz gold) James Bay area quickly becoming one of the hottest places for exploration in Quebec with numerous new (2019) gold discoveries including: Azimut Exploration Elmer Gold Discovery 1
Slide 8: Upper Eastmain Greenstone Belt – The Next Frontier
UPPER EASTMAIN GREENSTONE BELT – THE NEXT FRONTIER Upper Eastmain Greenstone Belt is an underexplored greenstone belt ~150km in length and up to 20km wide 316 km by road from Chibougamau, a major mining centre with workforce and process plants Eastmain Gold Project is in territory covered by Société
Slide 9: History of the Eastmain Gold Project
HISTORY OF THE EASTMAIN GOLD PROJECT 1994-95 - Mining MSV Res Inc. mined 118,356 tonnes @ 10.58 g/t Au 1969-1970 - Discovery 1981/82 ~ 40koz 2016 Acquired by Placer for base metal exploration Recoveries >95% via CIL All season road to property Placer re-staked Eastmain Anomaly Placer flew airborne E
Slide 10: The Theory – Targeting High Grade Gold with EM
THE THEORY – TARGETING HIGH GRADE GOLD WITH EM A rare situation where electromagnetics can directly lead to high-grade gold Eastmain Mineralization Semi massive pyrrhotite “In order to solve the problem of defining prospective sulphide lenses, borehole geophysics was used. It soon became evident tha
Slide 11: Eastmain Deposit – What We Identified
EASTMAIN DEPOSIT – WHAT WE IDENTIFIED Last ground EM programs conducted by Placer in 1980s Borehole PEM (DHEM) successfully targeted high grade lodes in A and B Zones Significant advances in EM technology since 1980s Recent drilling (last 20 years) has been based off geological analysis not Z geophy
Slide 12: Over 10km of Significant Exploration Potential
OVER 10KM OF SIGNIFICANT EXPLORATION POTENTIAL Z High grade drill intercepts spread over 10km of strike High grade rock chips quartz associated with pyrrhotite same as resource mineralization Mineralization also present in multiple parallel geological contacts No ground electromagnetic surveys compl
Slide 13: First Step – FLEM Highlights Mine Trend and Identifies Kotak Trend
FIRST STEP – FLEM HIGHLIGHTS MINE TREND AND IDENTIFIES KOTAK TREND From one mineralized trend to two with multiple large EM targets 9 targets with high grade drill intercepts 110 line km fixed loop time domain electromagnetic (FLEM) Multiple VTEM anomalies (flown 2005) – majority undrilled Numerous
Slide 14: Second Step – Drill Conductors; Third Step – DHEM
SECOND STEP – DRILL CONDUCTORS THIRD STEP – DHEM First drill holes into FLEM targets intersected targeted host rocks Down Hole EM (DHEM) refined targets EM20-132 38 historical holes surveyed with DHEM • Largest FLEM conductor • Newly discovered parallel trend Numerous DHEM conductors for further rou
Slide 15: January 2021 – EM Identifies Third Conductive Trend – Nisto Trend
JANUARY 2021 – EM IDENTIFIES THIRD CONDUCTIVE TREND – NISTO TREND Reprocessed FLEM modelled plate confirmed by the last DHEM survey of 2020 New trend is located 200m in the footwall of A Zone and D Zone New parallel conductive trend in the footwall of A Zone Identified by FLEM and confirmed by DHEM
Slide 16: February 2021 – High Grade Assays Confirm Multiple Discoveries
FEBRUARY 2021 – HIGH GRADE ASSAYS CONFIRM MULTIPLE DISCOVERIES Multiple +8g/t Au intervals - individual assays up to 85g/t Au All targets returned high-grade intervals Mineralization on all three trends found with electromagnetics Potentially stronger than anticipated nugget effect Poses the questio
Slide 17: EM – Proven Direct Detection Tool for Gold at Eastmain
EM – PROVEN DIRECT DETECTION TOOL FOR GOLD AT EASTMAIN Extensions to the existing resource and new high grade mineralized trends, all driven by electromagnetics Surface New high grade interval downplunge from A Zone Nisto trend discovery in the footwall of D Zone BENZ MINING CORP 16
Slide 18: Assays vs Visible Gold – The Coarse Gold Blessed Curse
ASSAYS VS VISIBLE GOLD – THE COARSE GOLD BLESSED CURSE Fire assay technique used for most of the past drilling might be under-reporting true gold grades EM20-135 EM20-132 0.9m at 7.4g/t Au from 79.2m 3.0m at 13.7g/t Au from 531.8m EM20-137 1.5m at 2.8g/t Au from 519.5m +30 gold grains observed EM20-
Slide 19: Fast Tracking Growth Through Discovery
FAST TRACKING GROWTH THROUGH DISCOVERY Three high-grade discoveries in 6 months of activity – fully funded high-impact 12 months campaign for 2021 2020 2021 6 months of activity 12 months of exploration Upcoming FLEM Discovery of 2 new high-grade 376,000oz at 7.9g/t Au C$15,000,000 Budget mineralize
Slide 20: BenzMining.com | TSXV: BZ, ASX: BNZ
Experienced specialist Management and Board Demonstrable success in similar geological environments New strategy Exploration focused, growing the Eastmain Project Proven new exploration techniques Identify potential for multiple parallel trends BenzMining.com | TSXV: BZ, ASX: BNZ Fully funded $15m f