Enduro Metals Corp. - Corporate Presentation - July 2020
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The document is a corporate presentation from Enduro Metals Corp, outlining their exploration efforts in British Columbia's Golden Triangle, including forward-looking statements regarding future activities and uncertainties in the mining sector. It details the company's strategic approach, infrastructure investments, and exploration results highlighting the presence of significant gold and copper resources. Enduro emphasizes their experienced team, successful track record, and ongoing drilling initiatives across multiple mineralization styles in a large land area.
Enduro Metals Corp. - Corporate Presentation - July 2020
- 1. “Making Discoveries From Surface” Corporate Presentation – July 2020 TSXV: ENDR
- 2. DISCLAIMER Certain statements contained in this presentation constitute forward-looking statements. These statements relate to future events or the Corporation's future performance, business prospects or opportunities. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date specified. The Corporation does not intend, and does not assume any obligation, to update these forward-looking statements. These forward-looking statements involve risks and uncertainties relating to, among other things, results of exploration activities, the Corporation's limited experience with development-stage mining operations, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, changes in commodity and, particularly, gold prices, actual performance of facilities, equipment and processes relative to specifications and expectations and anticipated environmental impacts on operations. Actual results may differ materially from those expressed or implied by such forward-looking statements. Qualified Person Maurizio Napoli, P. Geo., VP Exploration for Enduro Metals Corp. and a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this presentation. TSXV: OTC:
- 3. Who Are We? New Age Thinkers Youthful & energetic team whose experience spans > 300,000 hectares across BC’s Golden Triangle. 21st Century Approach Experienced and equipped with the latest in geological technology and know-how. Track Record of Success Director and Advisory team of proven & seasoned “Mine Finders & Builders”. World-Class Address District Scale Potential with 55,000 hectares in the centre of BC’s famed Golden Triangle. Managed By Shareholders For Shareholders CEO is the largest shareholder of the company having directly invested over $2 million in cash. TSXV: OTC:
- 4. Newmont Lake = 38,000m of Drilling Galore Creek, Schaft Creek, Copper Canyon 21 million oz Gold 16 billion lbs Copper 261 million oz Silver 2. Galore > 800,000m of Drilling Red Chris, Saddle, GJ, North ROK 37 million oz Gold 19 million oz Silver 23 billion lbs Copper 1. Tatogga > 1,200,000m of Drilling 3. Eskay > 1,500,000m of Drilling Eskay Creek, Snip, Quartz Rise 10 million oz Gold 250 million oz Silver 4. Sulphurets > 2,500,000m of Drilling KSM, Brucejack, Snowfield, Treaty Creek 65 million oz Gold 25 billion lbs Copper 200 million oz Silver Premier, Granduc, Red Mountain, Scottie 5 million oz Gold 500 million lbs Copper 80 million oz Silver 5. Stewart > 2,000,000m of Drilling 1 2 3 4 5 *Approximated total resources and total drilling. Do not consider value to be accurate or precise. Camps of the Golden Triangle: Equal Area / “Pizza” Theory
- 5. Over $4.5 Billion in Infrastructure Investment:GALORE CREEK SNIP ESKAY CREEK NEWMONT LAKE QUARTZ RISE ✓ Hydroelectric Powerplant Complex ✓ 277 Megawatt Total Capacity ✓ Completed in 2016 ✓ 287 Kilovolt Transmission Line ✓ Paved 2-Lane Highway ✓ 2x All-Weather Access Roads ✓ Additional ~100km Under ✓ Construction or Proposed ✓ Bob Quinn Air Strip ✓ 4100ft Gravel Runway PROJECT Over 50,000 hectares TSXV: OTC:
- 6. What’s Important? Think Big… • Four Distinct Deposit Environments • Logical Progression Burgundy McLymont Cuba Chachi TSXV: OTC:
- 7. ?? ?? Four Distinct Systems with District-Scale Potential Burgundy Copper-Gold Alkalic Porphyry McLymont Fault High-Grade Gold-Copper Epithermal + Skarn Cuba High-Grade Silver-Zinc-Copper Epithermal + Skarn Chachi Multi-Element, Hydrothermal Beast 5 km Newmont Lake Graben ?
- 8. McLymont Fault: ✓ >20km Newmont Graben Critical Structure ✓ Numerous high-grade gold occurrences ✓ Receding ice exposing new ground ✓ Multiple target areas of interest ✓ 3 gold mineralization types ✓ Grossly underexplored Ken Zone NW Zone Arseno Creek Vera New 2019 Chargeability Anomalies - Need further work Gold Fish Cigar Matterhorn Denali Alley 2 km
- 9. History – McLymont Fault “The more we know of the past, the better prepared we are for the future.” – Theodore Roosevelt 1987 Open… • NW87-29: 11.20m of 55.02 g/t Au, 1,362.14 g/t Ag, and 0.97% Cu • NW87-25: 13.10m of 13.82 g/t Au, 3.85 g/t Ag, and 0.25% Cu • NW88-28: 5.30m of 24.98 g/t Au, 9.09 g/t Ag, and 0.42% Cu • NW88-35: 2.10m of 121.76 g/t Au, 61.71 g/t Ag, and 0.58% Cu • NW89-01: 2.10m of 52.28 g/t Au, 29.88 g/t Ag, and 2.29% Cu • NW89-11: 10.20m of 17.33 g/t Au, 39.86 g/t Ag, and 0.46% Cu • NW90-01: 17.40m of 12.04 g/t Au, and 0.15% Cu • NW90-18: 0.80m of 903.99 g/t Au 1990 Closed… Pre NI 43-101 Historic Resource: 200,000 oz Au, 291,000 oz Ag, and 6,000,000 lbs Cu at 5.12 g/t AuEq What has changed over 35 years…? DH87-29 (Gulf Minerals): 11.20 m of 55.02 g/t Au, 1,364 g/t Ag, & 0.97 % Cu Underexplored area with minimal drilling, inadequate sampling, and an elementary system of understanding Area of historic drilling with inadequate sampling and an elementary system of understanding A A’ TSXV: OTC:
- 10. NW Zone - McLymont What Has Changed Over 35 years? • Gold was calculated at $475 per ounce → Current Spot Price $1,780 USD • Average Grade was 5.12 g/t AuEq → Current world average grade 1.2 g/t AuEQ.* • Cut-Off Grade was 2.00 g/t AuEq. → Neighbour Eskay Creek 2019 PEA reported Cut-Off Grade of 0.56 g/t AuEq with corporate requested 0.7 g/t AuEq at US$1,275 per oz gold.** • 1980’s drilling, only 19% of core analyzed. • In 1980’s - 75km from nearest road. → Currently 16km from hydroelectric powerplant. • Rapid Ice Retreat Exposing Virgin Ground See 2007 Mineral Resource Estimate on The North West Zone, Newmont Lake Property, SEDAR – Newmont Lake Copper Gold Project (NLGCP). 200,000 oz Gold, 291,000 oz Silver, and 6.8 million lbs Copper *Primary Source: S&P Global Intelligence – Secondary Source: Sabina Gold & Silver **Source: 2019 NI 43-101 PEA, Eskay Creek, Skeena Resources First Ever 3D Lithological Model - McLymont Fault – NW Zone Coarse Visible Gold Found in Abandoned Core TSXV: OTC:
- 11. McLymont Fault Discover High-Grade Gold in Abandoned Core Outside NW Zone NW Zone Extension Discovered NW19-012: 188.00m of 1.10 g/t Au Outside historic geophysical anomaly Goldfish Discovered 600m Along Strike of NW Zone Identify 3 Gold Mineralization Styles Complete First Continuous Assay at NW Zone New R-08-07: 144.00m of 3.18 g/t Au Numerous Gold Targets for 2020 Goldfish NW19-12: 188.00m of 1.10g/t Au High-grade gold found in abandoned core 450m NE of NW Zone in 2019. Interpreted as additional gold feeder structures. Historic drill holes do not target prospective horizon. Example – New R-06-07: 0.91m of 28.7 g/t Au, 7.3 g/t Ag, and 0.39% Cu R-08-07: 144.00m of 3.18 g/t Au NW Zone Cigar Apple NW Extension Only 19% assay rate across all blue collar locations. TSXV: OTC:
- 12. NW Extension - McLymont Expanding Mineralization in 2019 NWDDH19-012: 188m of 1.10 g/t Au, 1.15 g/t Ag, and 0.10% Cu @ 67.00m outside historic geophysical anomaly. Skarn horizon continues. • 44.03m of 4.03 g/t Au, 4.06 g/t Ag and 0.29% Cu @ 82.00m. • 8.03m of 15.11 g/t Au, 4.29 g/t Ag, and 0.68% Cu @ 106.32m. • Including 1.00m of 76.56 g/t Au, 11.54 g/t Ag, and 0.47% Cu @ 111.35m. NWDDH19-017 – feeder structures continue: • 1.50m of 9.33 g/t Au, 16.29 g/t Ag, and 0.82% Cu @ 80.24m • 1.62m of 14.84 g/t Au, 1.04 g/t Ag, and 0.06% Cu @ 189.00m Upper Au Zone Lower Au Zone NWDDH19-017 High-Grade Au Low-Grade Au A A’ Three Gold Mineralization Styles 1. Massive pyrite-chalcopyrite skarn/replacement. Broad, high-grade gold (photo 44.03m of 4.03 g/t Au, 4.06 g/t Ag, and 0.29% Cu). 2. Deformed quartz-carbonate veining with chalcopyrite. Narrow, high to ultra-high grade gold (photo 1.00m of 76.56 g/t Au, 11.54 g/t Ag, and 0.47% Cu). Examples >350.00 g/t Au over 1m elsewhere in system. 3. Disseminated and stringer pyrite/chalcopyrite. Broad, lower-grade gold intervals (photo 77.15m of 0.30 g/t Au, 0.30 g/t Ag). Increasing grade with depth. Only tested to 256m. TSXV: OTC:
- 13. Goldfish - 2019 deep IP survey. - Similar IP anomaly along strike. - No historic drilling in anomaly. Apple - Unconstrained high-grade feeder structures - 39.02 g/t Au over 0.60m, no sampling within 112m. - 185.00 g/t Au, and 108.00 g/t Ag over 0.33m, no sampling within 41 m. - 200m separation. 15.07 g/t Au rock sampled on surface of structure potentially linking. A A’ A A’ 2,000m Long Section +/- 100m McLymont Fault Footwall Historic IP Survey: 1. Too Shallow. 2. Missed Anomaly. 3. Wrongfully “Cut Off” Deposit. NW Zone - 144.00m of 3.18 g/t Au, 3.66 g/t Ag @ 9.51m. Cigar - 500m IP anomaly along strike - Gold sampled on surface in 2019, little known about area.
- 14. Apple – Depth Potential Unconstrained high-grade feeder structures drilled in 1989. No follow up work for over 30 years. • 39.02 g/t Au over 0.60m, no sampling within 112m. • 185.00 g/t Au, and 108.00 g/t Ag over 0.33m, no sampling within 41 m. • 200m separation. 15.07 g/t Au rock sampled on surface of structure potentially linking. > 3.0 g/t Au > 1.0 g/t Au > 0.5 g/t Au Unconstrained – open to unknown depth
- 15. Mclymont • Expanding targets Arseno Zone McLymont Fault Strong Correlation with Gold on Entire McLymont Fault NW Zone A A’ A’ A NW Zone Arseno Zone TSXV: OTC:
- 16. ?? ?? McLymont is Only 1 of 4 Regional-Scale Target Areas Over The 55,000 Hectare Project Burgundy Copper-Gold Alkalic Porphyry McLymont Fault High-Grade Gold-Copper Epithermal + Skarn Cuba High-Grade Silver-Zinc-Copper Epithermal + Skarn Chachi Multi-Element, Hydrothermal Beast 5 km Newmont Lake Graben ?
- 17. TSXV: OTC: • Constructed in 2019 • Up to 50-person Capacity • 1,100ft Airstrip • Bulk Fuel Tanks • Drilling Equipment • Heavy Equipment Storage • Communications Infrastructure • Turn-Key Operation • Room to Grow Newmont Lake Base Camp
- 18. Bob Quinn Staging Facility • COVID-19 Isolation Facilities • 4100 ft Airstrip • Highway Access • Bulk Fuel Tanks • Heavy Equipment + Storage • Communication Infrastructure TSXV: OTC:
- 19. TSXV: OTC:ENDR : TSX-V | SIOCF : OTC | www.endurometals.com B.Sc., (Hons.) CPA, CA B.Sc. President, CEO & Director Chief Financial Officer Chief Operating Officer B.Sc. P. Geo. Corporate Compliance Officer Director Director & Qualified Person M.Sc. CPA, CGMA, MBA, BSBA B.Sc. (Hons.) Director Director Technical Advisor M.D., MBA Advisor to the CEO Director of Communications
- 20. Share Structure Listed on the TSX Venture ENDR Listed on the OTC SIOCF Listed on the Frankfurt SOG-FF Investor Relations Sean Kingsley | Director of Communications 1-604-440-8474 [email protected] www.endurometals.com TSXV: OTC: