public listing opportunity q1 2020 · nw ontario, 2013 discovery of the year marc idziszek, m.sc....
TRANSCRIPT
Q1 2020 Public Listing Opportunity
Certain information contained in this presentation, includes information and statements which may contain words such as "could", "plans", "should", "anticipates", "expect", "believe", "will", and similar expressions and statements relating to matters that are not historical facts are forward-looking information. All of the forward-looking information contained in this presentation is qualified by this cautionary statement. There can be no assurance that the actual results or developments anticipated by Canadian Gold Miner Corp. as expressed or implied by the forward-looking information, will be realized or, even if substantially realized, that they will have the expected consequences to or effects on Canadian Gold Miner Corp. or its business operations. Canadian Gold Miner Corp. disclaims any intention or obligation to update or revise any forward-looking information as a result of new information or future events. Readers should not place undue reliance on forward-looking information.
Forward Looking Statements
Greg Collins, B.Sc.Eng., P.Geo. | CEO
Director 20+ years exploration and project development
(Xstrata/Falconbridge)
NW Ontario, 2013 Discovery of the Year
Marc Idziszek, M.Sc. P.Geo. | VP Exploration 15 years exploration experience in North America and West Africa
Integral member of team responsible for discovering gold deposits
in Senegal now in production by Terranga Gold Corp.
Tom Hart, M.Sc. P.Geo. | Technical Advisor 30+ years exploration (lode gold and base metal projects in
Canada)
NW Ontario, 2004 Discovery of the Year
Scott McLean, HBSc. P.Geo. | Director CEO Transition Metals Corp
2004 PDAC Prospector of the Year (Nickel Rim South Mine)
Chris Chadder, CA | CFO, Director 20+ years experience within the junior mining sector
Commissioned 2 gold mines to production in the past 10
years
Wes Roberts, M.Sc., MBA, P.Eng. |
Director Gravitas Mining Corp
30 years experience in mineral exploration, mining
operations, project engineering and management
Eva Koci, MBA, CFA. | Director Director of Capital Markets for Oberon Capital
15+ years capital markets experience (primarily in the
resource sector)
Award winning exploration team with proven success finding and developing mines
Track record of successful public company start-ups and ability to attract financing
Management Team Strong Technical Group with Track Record for Discovery
229 square kilometres of prospective
mining lands consolidated in
northeastern Ontario
Camp-Scale land positions secured
near Kirkland Lake, Timmins,
Matachewan and Cote Lake
Utilized more than $10 million in recent
exploration data
Privately funded more than $2.0 million
in exploration work since 2016
This work has led to the recent
identification by CGM of 2 prospects
with large scale potential less than
10 km south of the Cadillac Larder break
near Kirkland Lake
Overview Camp Scale Discovery Opportunities in the Heart of the Abitibi
• The Abitibi is Canada #1 gold
producing region (85% of total)
• >180+ Moz produced to date
N
CGM has a plan to discover and monetize new gold resources in the back yard
of Major Gold producers
South Kirkland Camp Complete Coverage of a Major Break in the Heart of the KL Gold Camp
Golden Candle Kerr Addison Mine
Produced >11 Moz @ 9 g/t
Agnico Eagle Upper Beaver – 1.4 Moz 2P + 1.4 Moz M&I
Upper Canada – 1.7 Moz M&I
Kirkland Lake Gold 25 Moz produced since 1912
2.7 Moz at 31 g/t reserves at Macassa
Canadian Gold Miner 2 Large scale systems identified
at 4 Corners and Lafond
2018 Metal Earth Seismic Transect
Large Gold System
Gold Deposits
Canadian Gold Miner
Kirkland Lake Gold
Agnico Eagle
Gatling Exploration Inc.
Golden Candle
Lafond
4 Corners Kerr Addison
Golden Mile
Anoki McBean
Upper Canada
Upper Beaver
Key 2nd Order Fault
Major Break
Lafond – Intrusion hosted gold system with similarities to the Sigma
Lamaque deposits of Val d’Or
4 Corners – Under explored 1.5 kilometre long corridor of favourable
structure and alteration carrying shear hosted mesothermal gold in
metavolcanics and metasediments – Kirkland Lake’s next “Mile of Gold”
2 Large Gold Systems Identified 10 km south of Main Break - Kirkland Lake
Lafond Target Evidence for a Large Scale Intrusive Hosted Gold System
Large felsic intrusion exposed in outcrops for >1km
of strike, 100 metres of width
High density of brittle-ductile veining hosting
disseminated sulphides and gold
High grade stacked vein sets ranging from
centimetres up to 3 metres wide dipping 40‐60°
southeast
Surface sampling (grab and detailed channel
sampling) has returned values of up to 37.3 g/t Au
Gold associated with elevated Cu, Mo, Ag, and Te
(tellurium) over widespread area
A’
Lafond Shaft
6.58 g/t Au
5.76 g/t Au
2.82 g/t Au
2.56 g/t Au
5.12 g/t Au
37.7 g/t Au
8.95 g/t Au
A
2019 Test Drilling Area
Initial Drilling Results Encouraging Gold intersected in all 7 holes – values up to 71 g/t per tonne Au
Average assay value from 1,226
samples assayed – 0.43 g/t Au (uncut, unweighted)
2019 Drilling Highlights
VG in LN19-06 at ~ 97metres
VG in LN19-02 at ~12 metres
VG in LN19-01 at ~ 66 metres
Lincoln Nipissing - Lafond 2019 Drilling Highlights
Hole From To Interval Au (g/t)
LN19-01 7.58 66.61 59.03 0.46
including 16.08 16.38 0.30 7.28
including 27.01 33.14 6.13 2.43
including 27.01 27.31 0.30 46.40
and 61.32 62.10 0.78 5.12
LN19-02 10.47 66.98 56.51 0.70
including 10.47 13.44 2.97 10.23
including 11.95 12.34 0.39 71.00
including 66.48 66.98 0.50 6.33
and 91.15 91.47 0.32 3.95
LN19-03 13.17 13.71 0.54 5.42
and 56.32 56.68 0.36 3.26
LN19-04 16.11 115.13 99.02 0.54
including 16.51 16.84 0.33 13.20
including 73.70 74.44 0.74 16.73
including 112.32 112.66 0.34 13.05
Hole From To Interval Au (g/t)
LN19-05 16.14 51.83 35.69 0.73
including 21.19 21.50 0.31 29.60
including 51.28 51.83 0.55 21.70
LN19-06 95.48 116.50 21.02 1.31
including 95.48 97.96 2.48 6.80
including 116.16 116.50 0.34 29.00
and 170.79 205.61 34.82 0.13
including 202.59 202.94 0.35 2.71
including 205.16 205.61 0.45 2.15
LN19-07 19.10 32.57 13.47 0.54
including 19.10 19.64 0.54 8.89
and 76.79 136.51 59.72 0.26
including 76.79 78.00 1.21 6.63
including 109.21 109.51 0.30 3.47
including 136.20 136.51 0.31 9.82
Interpretation of Drilling Results Vertical Cross-section Looking West at Lafond Shaft Area
7 hole - 1,000 m test program of NQ drilling completed in July of 2019 All holes hit high grade intervals of gold over narrow widths Gold focused in brittle-ductile shears associated with dilational offsets of the intrusion Good apparent continuity of vein sets over >50 m strike at surface traced down dip for up to 150 m All identified vein sets remain open Good potential for additional vein sets throughout intrusion
A A’
#10 Vein Trench
#11 Vein Trench
#9 Vein Trench #8
Vein #7 Vein
2.48m @6.80 g/t
LN19-01
0.54m @ 8.89 g/t
56.51m @0.70 g/t
2.97m @ 10.23 g/t
5.12 g/t over 0.78m
9.82 g/t over 0.31m
21.7 g/t over 0.55m
2.71 g/t over 0.35m
2.15 g/t over 0.45m
South dipping Veins
0.34m @29.0 g/t
0.39m @71 g/t
0.74m @16.73 g/t
0.34m @ 13.05
0.30m @46.40 g/t
0.31m @ 29.6 g/t
1.21m @6.63 g/t
0.3m @ 7.28 g/t
3.26 g/t over 0.36m
100
Mineralized structure
Lafond Target Similarities to Eldorado’s Sigma-Lamaque Project in Val d’Or
Lafond: in plan view is similar to the Lamaque Project Triangle deposit in cross section
Same Scale
The Lafond target has similarities to Eldorado Gold’s Lamaque Project near Val d’Or acquired from Integra in 2017 for $600 million
Historically 9.4 Moz @ 5.3 g/t produced from Sigma Lamaque between (1935-2012) Eldorado reports 1.3 Moz M&I Resources @ 8.26 g/t plus 1.8 Moz @ 6.78 g/t Au listed as Inferred mainly from Triangle Now exploring at depths below 1,000 metres CGM achieving similar grades and widths from drilling at surface
C7 C8
C9
2.8m @ 7.5 g/t
2.8m @ 7.5 g/t
3.2m @ 9.2 g/t
2.6 m @ 3.9 g/t
2.2 m @ 7.1 g/t Au
500m
500m
#11
#9
#10
2.5 m @ 6.8 g/t Au
Similar Vein
Thickness and Grade
Lincoln Nipissing Deformation Zone 4 Corners Target – Large Untested Shear Hosted Vein System
>2.0 kilometre long
shear hosted vein
system
Cluster of elevated to
multigram bedrock
gold occurrences
hosted by favourable
geology, structure,
alteration in bedrock
up-ice from basal till
anomalies
Gold focused in
similarly oriented
structures that host
gold along the Cadillac
Break
4 Corners Target 2018 Behold Discovery
Gold in qtz/carb veining and disseminated
sulphides hosted by green-carb altered
sedimentary unit
Associated with flat and vertically dipping
NE trending veining associate axial planar
cleavage of D4 “Z” fold nose
Good continuity of gold values over
consecutive channels samples
Combined average of 34 separate channel
samples returned 2.03 g/t over 13.11
metres
Noteworthy intervals include 7.67 g/t Au
over 0.62 metres, 2.46 g/t Au over 3.86
metres
New Discovery Behold Zone
Zenith
Occurrence
Cook
Occurrence
800m Long
IP Charge/Res
Target
4 Corners Target Large untested geophysical target
Environment similar to
Porcupine Basin – in
heart of Timmins camp
Strong near surface
coincident IP targets
Value Comparison Select District Scale Plays Attracting Market Attention
Chronic underfunding of
exploration stage
projects in the gold
space
Demand increasing for
new discoveries to
replace depletion
District scale
opportunities in world
class, safe mining
jurisdictions are limited
Market now supporting
valuations ranging from
$20-100 M for
companies working
towards establishing
economic resources
Key Shareholders Founders and Capital Partners
38.0%
19.0% 5.0%
9.0%
8.5%
5.7%
14.9%
Ownership
Transition Metals
Osisko Mining
Centerra Gold
Haywood Securities
Principle Capital Partners
Management
Other
Industry Partners
Investment Partners
Accilent Capital
Principle Capital Partners Corp.
Public Listing Opportunity
Strategically focused on developing and advancing district scale gold plays in the Abitibi Greenstone Belt
in Ontario
Equity financing associated with a go public transaction that will fund capital commitments to advance the
properties
Management and Board with relevant experience and a proven track record
Encouraging gold assays back from drilling near Kirkland Lake
Pricing key to IPO value proposition
Seeking Strategic Transactions
Share Structure*
Issued and Outstanding: 40,620,098
Escrow: -
Options: 3,335,000
Warrants: 7,963,598
Fully Diluted: 51,918,696
* As of January 2020
Lincoln Nipissing Deformation Zone Overlooked and Underexplored…. Why?
Despite proximity to Kirkland Lake and
evidence of gold endowment, no prior
systematic exploration along Lincoln
Nipissing structures
Pre-conceived exploration philosophy
(no deposits south of the Cadillac break)
Incomplete geological and structural
framework
New research funded by Mineral
Exploration Research Council (MERC)
highlights new similarities between the
Lincoln Nipissing and Cadillac Breaks
More than $3.0 million of target
generative data collected by Goldfields
and Canadian Gold Miner since 2015
Lincoln Nipissing Deformation Zone Related Structure to the Prolific Cadillac Larder Break
Lincoln Nipissing deformation zone is easily
traceable in magnetics as 500 m to 1 km wide
braided fault system
Evidence for multiple episodes of deformation
synchronous with the Cadillac-Larder Lake
break
Over 90 km² of mining property covering the
entirety of the main structure and related
splays
Gold Showings, pits and historical underground Workings
Both the Lincoln Nipissing and the
Cadillac Larder fault systems:
– are deep seated crustal structures
that formed at the same time
– experienced a similar history of
structural deformation
– concentrate gold in dilational
structures situated north of the
break(s)
– exhibit 2 phases of gold
mineralization with similar
geochemical signatures
Conclusions: Both structures were
in place at the time that gold
mineralization was deposited in the
Kirkland Lake Camp
The Lincoln Nipissing break is
comparatively significantly under
explored
6km depth
Larder Group
Larder Group
Blake River
Lincoln Nipissing FZ
Cadillac Larder FZ
Gold Gold
Lincoln Nipissing Deformation Zone Right Crustal Architecture and Plumbing System
*2005 Lithoprobe and 2018 Metal Earth seismic data highlight both the Cadillac Larder and Lincoln Nipissing structures to be major crustal fault systems
Lincoln Nipissing Deformation Zone Similar Source Fluids for the Gold
Gold mineralization along
the Cadillac Break related
to 2 main mineralizing
events
– Early (D2) event higher
arsenic/low tellurium
– Late (D4) event associated
with high tellurium
Mineralization associated
with the Lincoln Nipissing
has evidence for both
styles
– Cook, Manley, Behold & 4
Corners (Au from D2
event)
– Lafond (Au similar to
giant Kirkland Lake
deposits from D4)
(after Isplatov et al., 2008)
Other Projects 229 km² with Multiple Opportunities at the Camp Scale
Ridout Fault
N
11
144
560
66
101
101
Qu
eb
ec
Alamos Gold Young Davidson
3.6 Moz @ 2.7 g/t (P+P)
Tahoe Resources Juby Gold
1.1 Moz @ 1.3 g/t (Ind) 2.9 Moz @ 0.9 g/t (Inf)
Kirkland Lake Gold Macassa
2.0 Moz @ 20.8 g/t (P+P)
Agnico Eagle Upper Beaver
0.7 Moz @ 5.4 g/t (P+P)
IAMGOLD Cote Lake
8.3 Moz @ 0.9 g/t (Ind)
Producing Mine
Past Producing Mine
Major Fault
Undeveloped Resource
Abitibi Greenstone Rocks
On
tario
McEwen Mining
Black Fox Complex 1.5 Moz M&I
Goldcorp Dome-Hollinger > Moz @ 2.3 Moz @ 1.55 g/t (P+P)
Tahoe Gold Lakeshore Mine
0.24 Moz @ 3.21
g/t (P+P)
South Kirkland Camp size property package
Located on new trend south of
Kirkland Lake (host to 35 M oz)
Historical Resource and UG
Infrastructure
Ridout West Optioned to IAMGOLD
Grab samples returned
up to 57.3 g/t Au
West Matachewan 15 km from Young Davidson
Situated on 25 km of prolific
Cadillac Larder Break
DeSantis Past producer in the heart
of Timmins
Historical resource with
exploration upside
CGM Property
Acquired from Osisko