August 2020 Tel: 604-653-9464 TSX-V: GIS | OTCQB: GGISF 1 - - PowerPoint PPT Presentation
August 2020 Tel: 604-653-9464 TSX-V: GIS | OTCQB: GGISF 1 - - PowerPoint PPT Presentation
Genesis Metals Corp. 1020-800 West Pender Street Vancouver, BC V6C 2V6 Investor Relations August 2020 Tel: 604-653-9464 TSX-V: GIS | OTCQB: GGISF 1 Forward Looking Statements Certain statements contained in this presentation regarding
TSX-V: GIS | OTCQB: GGISF 2
Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities constitute “forward-looking statements“. All statements that are not historical facts, including without limitation statements regarding future estimates, plans,
- bjectives, assumptions or expectations of future performance are “forward-looking statements“. We caution you that such “forward-
looking statements” involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such risks and uncertainties include fluctuations in metal prices, unpredictable results of exploration, uncertainties inherent in the estimation of mineral resources and reserves, fluctuations in the costs of goods and services, problems associated with exploration and mining operations, changes in legal, social or political conditions in the jurisdictions where the company operates, lack of appropriate funding and other risk factors. There can be no assurance that such “forward-looking statements” will prove to be accurate. Potential investors should conduct their own investigation as to the suitability of investing in securities of the company. Genesis Metals Corp. undertakes no obligation to update any “forward-looking statements”. We seek Safe Harbour. *Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. The CIM definitions were followed for the classification of Indicated and Inferred Mineral Resources. The quantity and grade of reported Inferred Mineral Resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as an Indicated Mineral Resource and it is uncertain if further exploration will result in upgrading them to an Indicated Mineral Resource category. The contents of this presentation have been reviewed and approved Mr. André Liboiron P.Geo., Project Manager for the Company and a Qualified Person as defined in National Instrument 43-101.
Forward Looking Statements
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Highlights
Member of Discovery Group Quebec – Top Tier Mining Jurisdiction Advancing the Chevrier Gold Project in Chibougamau:
- Current NI 43-101 Resource as of February 2019
- Large property (+290 km2) with potential for new
high-grade discoveries
- Deposits are open for expansion with high-grade
areas not systematically targeted to date
- Fully Funded for 2020 planned exploration
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OCTOBER GOLD CHEVRIER
Focu cus: s: Au Stage: Expl plor
- ration
- n
O/ O/S: S: 44. 4.8M 8M Share e Price: e: $0. 0.61 61 Mark rket et Cap: p: $27. 7.3M 3M Focu cus: s: Au Stage: Adva dvanced ed Expl plora
- ration
- n
O/ O/S: S: 50. 0.5M 5M Share e Price: e: $18. 18.28 Mark rket et Cap: p: $920 20M Focu cus: s: Cu Stage: Adva dvanced ed Expl plora
- ration
- n
O/ O/S: S: 36. 6.7M 7M Share e Price: e: $0. 0.58 58 Mark rket et Cap: p: $21. 1.2M 2M Focu cus: s: Zn, n, Pb, b, Ag Stage: : Expl plor
- ration
- n
O/ O/S: S: 41. 1.6M 6M Share e Price: e: $0. 0.53 53 Mark rket et Cap: p: $21. 1.7M 7M Focu cus: s: Au Stage: Expl plor
- ration
- n
O/ O/S: S: 135. 35.6M Share Pri rice: e: $1.85 Mark rket et Cap: p: $274 74M
KDK
Focu cus: s: Au Stage: Devel evelop
- pment
nt O/ O/S: S: 63. 3.3M 3M Share e Price: e: $0. 0.12 125 Mark rket et Cap: p: $15. 5.8M 8M
Focus: Au Stage: Resource Expansion O/S: 52.1M Share Price: $0.31 Market Cap: $16.2M
Focu cus: s: PGE GE+Au, U Stage: Re Resou source e Expa pansi sion
- n
O/ O/S: S: 90. 0.4M 4M Share e Price: e: $0. 0.35 35 Mark rket et Cap: p: $31. 1.7M 7M
Acquired for $520M by Goldcorp in 2016
Significant Past Transactions
Acquired for $117M by Coeur Mining in 2018
Discovery Group – Raised over $750M since 2002
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ADRIAN FLEMING, P.Geo.
CHAIRMAN and DIRECTOR
- Former Director of Northern Empire Resources acquired by Coeur Mining; Former CEO of Underworld
Resources, acquired by Kinross Gold for $138M in June 2010
- Former Exploration Manager for Placer Dome in Sydney, VP of Exploration for Golden Star and Miramar Mining
DAVID TERRY, PhD., P. Geo.
CEO, PRESIDENT and DIRECTOR
- Professional economic geologist with +30 years of international experience
- Key roles in successful discovery/acquisition, exploration and development of a number of precious and base
metal deposits, primarily in North and South America
- Director of Great Bear Resources Ltd., Golden Arrow Resources Corporation, and Aftermath Silver Ltd.
JEFF SUNDAR
EXECUTIVE DIRECTOR
- Former Director of Northern Empire Resources acquired by Coeur Mining for $117M in October 2018
- Former Director and VP of Underworld Resources, acquired by Kinross Gold for $138M in June 2010
JOHN FLOREK, P.GEO
INDEPENDENT DIRECTOR
- Geologist with over 30 years of experience in exploration and development
- Former Sr. Geologist with Barrick Gold Corporation at Hemlo Mines and Placer Dome in Red Lake
- Current Chief Geologist at Kirkland Lake Gold’s Detour Mine
ROBERT SCOTT, CPA, CA,CFA
INDEPENDENT DIRECTOR
- Chief Financial Officer of Great Bear Resources, CFO of Riverside Resources Inc.
- Over 10 years of experience with TSX.V listed issuers, serving in officer and director capacities
KEENAN HOHOL, J.D.
INDEPENDENT DIRECTOR
- Former General Counsel of Pan American Silver Corp and BHP Billiton
- Over 20 years of international legal, commercial advisory and management experience
STEVE WILLIAMS MBA, P.Eng.
INDEPENDENT DIRECTOR
- Current VP of Bluestone Resources
- Former Director of Investment Banking for Canaccord Capital
ANDRÉ LIBOIRON P.Geo.
CHEVRIER PROJECT MANAGER
- Quebec-based geologist with 26+ years of experience within Quebec and internationally
- Extensive experience in managing exploration projects, logistics and reporting
Management and Directors
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JOHN ROBINS, P. GEO
STRATEGIC ADVISOR
- Former Director of Kaminak Gold acquired by Goldcorp Inc. for $500 Million
- Former Director of Northern Empire Resources acquired by Coeur Mining Inc.
JIM PATERSON
STRATEGIC ADVISOR
- Former Director of Kaminak Gold acquired by Goldcorp Inc. for $500 Million
- Former Director of Northern Empire Resources acquired by Coeur Mining Inc.
ROB CARPENTER, Ph.D.
STRATEGIC ADVISOR
- Former CEO and co-founder of Kaminak Gold 2005 to 2013
ANDREW RAMCHARAN, Ph.D.
STRATEGIC ADVISOR
- Former IAMGOLD Corporation Executive focused on M&A
- Former Managing Director of Project Evaluation at Sprott Inc
GARRETT AINSWORTH
STRATEGIC ADVISOR
- Former VP Exploration of NexGen Energy Ltd. 2014- 2018
- Co-recipient of the PDAC Bill Dennis Award 2018 and AME BC Colin Spence Award in 2013
ÉRIC LEMIEUX, MSC, P. GEO
STRATEGIC ADVISOR
- Former mining analyst at Laurentian Bank Securities in Montreal
- Former technical advisor with PearTree Securities
Strategic Advisors
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Corporate Structure
7
CRAS A ODIO CONSEQUAT, SAGITTIS LECTUS NEC
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MAJOR SHAREHOLDERS
Eric Sprott US Global Investors Commodity Capital AG SIDEX/SDBJ/FTQ Gold 2000 Management and Advisors Delbrook Capital Retail Symbol TSX.V – GIS OTCQB – GGISF Shares Outstanding 52,050,364 Fully Diluted 67,815,977 Stock Options 3,800,000 Warrants 12,010,613 Management and Advisors 16%
Retail 50% Delbrook Eric Sprott US Global SIDEX/SDBJ/FTQ Commodity Capital AG Gold 2000 Management & Advisors 16%
SHAREHOLDERS
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Abitibi Greenstone Belt
OVER 170 Moz OF GOLD PRODUCTION
TSX-V: GIS | OTCQB: GGISF
Chevrier Project
9
35 km SW of Chibougamau, Quebec with excellent infrastructure Covers 15 km of gold-endowed Fancamp Deformation Zone Potential for new high-grade gold discoveries Chevrier Deposit Indicated Resource: 395,000 ounces of gold averaging 1.45 g/t Au* Chevrier Deposit Inferred Resource: 297,000 ounces of gold averaging 1.33 g/t Au* Potential to expand tonnage and grade of existing resources
Chevrier Project Highlights
*Details on page 13
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Paved Highways Forestry Roads Power Line Rail Line Airport Mining friendly area
Excellent Access & Infrastructure
Chevrier Project Location
Large Land Position
Chevrier Property expanded to +290 km2*
*97% owned 100% by Genesis Metals Corp.
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Chibougamau Mining District
Chevrier Project Regional Gold Resources
Very active exploration area Over 6.7 Moz of gold produced in the greater Chibougamau District
Blue Thunder
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Chevrier Mineral Resource Estimate*
Zone Resource Category Tonnes Grade
(g/t gold)
Cut-off
(g/t Gold)
Contained Gold (oz)
Main Zone
Open Pit Indicated 6,602,000 1.39 0.50 295,000 Inferred 1.294,000 1.35 0.50 56,000
East Zone
Open Pit Inferred 311,000 1.53 0.50 15,000
*NI 43-101 Report for Chevrier Property, March 21, 2019 by A. Beauregard P.Geo., D. Gaudreault, P.Eng., M. Jutras P.Eng., and R. Banville P.Eng. Pit Constrained & Underground Resource Assumptions; $US
Price of gold ($/oz) $1400 CAD:USD exchange rate 1.25 Open pit mining ($/t) Underground mining ($/t) $2.20 $7.50 Processing ($/t) $12.00 G&A ($/t) $2.50 Mill recovery 95% Pit slope (degrees) 50
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Main Zone Plan View
A A1 B1 C B X X1
Main Zone Oblique Plan View Main Zone Block Model Plan View
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- 2.94 g/t Au over 58.70 m in hole GM-17-09
(from 74.6 m downhole)
- 1.93 g/t Au over 43 m in hole GM-17-15
(from 49.6 m downhole)
- 1.89 g/t Au over 38.4 m in hole GM-17-20
(from 95 m downhole)
- 1.23 g/t Au over 24.45 m in hole GM-17-22
(from 19.5 m downhole)
- 1.06 g/t Au over 27.55 m in hole GM-17-16
(from 112 m downhole)
2017 Drilling Phase 1
Main Zone Drilling Highlights
- 8.73 g/t Au over 21.35 m in hole GM-17-42
(from 107 m downhole)
- 5.06 g/t Au over 8.45 m in hole GM-17-41
(from 108.2 m downhole)
- 4.47 g/t Au over 12.45 m in hole GM-17-46
(from 19.35 m downhole)
- 4.26 g/t Au over 19.40 m in hole GM-17-48
(from 67.3 m downhole)
- 3.59 g/t Au over 22.60 m in hole GM-17-42
(from 13.4 m downhole)
- 1.04 g/t Au over 50.05 m in hole GM-17-44
(from 109 m downhole)
2017 Drilling Phase 2
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Main Zone Long Section
Main Zone Block Model Main A1 Vein Long Section
X
21
Open to depth
400 m 200 m 0 m
- 200 m
X1 200 m
Main Zone Block Model Main A1 Vein Long Section
Most drilling between surface and <200 m depth Clear evidence for plunging high-grade shoots with sparse drilling and open to depth
X
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Drilling Intercepts
Chevrier Project Gold Grades Top 20 Gold Intercepts prior to 2020
Drill Hole From To Interval Gold Grade x ID (m) (m) (m)* (g/t) Thickness
GM-17-42 110.00 113.00 3.00 37.97 113.90 GM-17-09 109.10 114.90 5.80 15.04 87.25 DO-35 227.25 229.00 1.75 44.06 77.10 DO-31 373.70 378.00 4.30 13.72 58.98 GDO-183 2.89 6.86 3.97 13.80 54.80 GDO-157 171.00 174.00 3.00 17.17 51.52 GM-17-42 126.00 127.90 1.90 24.52 46.59 DB-70 344.85 346.35 1.50 24.97 37.46 GM-17-44 204.35 208.90 4.55 8.19 37.25 GDO-155 121.50 126.40 4.90 7.50 36.73 FA-51 186.10 189.50 3.40 10.65 36.22 GM-17-48 77.00 80.40 3.40 10.18 34.61 GFA-201 97.25 100.75 3.50 8.98 31.41 GM-17-42 14.60 18.50 3.90 7.92 30.90 GFA-153 216.55 219.40 2.85 10.63 30.28 DO-05 64.35 68.05 3.70 8.00 29.59 GM-17-46 21.00 23.60 2.60 11.20 29.11 GM-17-48 72.60 75.00 2.40 11.63 27.92 GM-17-41 151.25 155.45 4.20 6.43 27.01 GDO-198 69.94 72.87 2.93 8.64 25.32
*(Core lengths are shown. True length is calculated to be 65% of core lengths)
10.5 g/t Au 7.04 g/t Au
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Highlights of Phase I Program – 2,502 m in 9 holes:
- 8.92 g/t gold over 1.0 m at 223 m depth, within 1.79 g/t
gold over 7.35 m in GM-20-59
- 3.99 g/t gold over 3.0 m at 98.85 m depth in GM20-61
- 10.20 g/t gold over 1.15 m at 88.75 m depth within
1.36 g/t gold over 19.7 m at 74.6 m in GM-20-62
- 9.71 g/t gold over 3.65 m at 89.5 m depth, within
1.93 g/t gold over 76.00 m in hole GM-20-63
- 9.73 g/t gold over 4.5 m at 113.5 m depth, within
1.65 g/t gold over 84.00 m in GM-20-64
- 9.64 g/t gold over 2.3 m at 162.5 m depth in GM-20-64
- 14.40 g/t gold over 2.2 m at 182.5 m depth in GM20-64
- 5.57 g/t gold over 3.2 m at 143.0 m depth in GM-20-65
- 5.14 g/t gold over 3.95 m at 213.3 m depth in GM20-65
- 7.88 g/t gold over 3.1 m at 227.5 m depth in GM-20-65
*Insufficient drilling has been completed to definitively determine true thickness; true thickness is estimated to be between 60-85% for holes GM-20-59-62, 25-50% for GM-20- 63-65 and 60-80% for GM-20-66,67.
2020 Phase I Drill Program
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Southwest Main Zone Longitudinal Sections
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Exploration Targets
- 23 gold targets identified
- 8 high priority
- Parallel breaks with +20 km of
largely untested potential
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2020 Surface Program – New Gold Targets
Geological and Structural Compilation
Chevrier Project 2020 Gold Targets
2019 Till Survey
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Chevrier Project Milestones and Priorities
Milestones and Priorities
- 10,000 metre of drilling
completed
- Drilling Main Zone
- Drilling new targets
- Prospecting and new
target generation
- Phase 2 assays
announced
- Interpretation and
modeling of drill results
- Relogging of 20 historical
drill holes
- Surface program
- Geophysics
- Updated 43-101 Resource
- Detailed technical review
- Property wide till sampling
- Till anomaly follow up
- Modelling high-grade
domains – drill targeting
- Phase I. 2,500 metre drill
program completed
- Phase II, 5,500 metre drill
program planned
- Surface work to follow-up,
refine and prioritize new regional targets
- Trenching/drill testing new
targets
2017 Q3/Q4 2018 Q1-Q4 2019 Q1-Q4 2020 Q1-Q4
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October Gold Property
- Right to acquire 100%
- Located in the Southern Swayze
Greenstone Belt, considered to be the western extension of the Cadillac- Larder Lake Break, where over 62 Moz
- f gold has been produced
- 200 km2 October Gold Property straddles
the Ridout Deformation Zone
October Gold Property Southwest Abitibi
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October Gold Property Emerging Gold Camp On trend with Newmont’s Borden Gold mine and IAMGOLD’s Cote Lake deposit
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Why Invest in Genesis?
Why Invest?
- Proven management team, recently expanded technical
team with strong track record of success
- Focused in the Abitibi Greenstone Belt - one of the most
gold-endowed areas of planet with +170 Moz of historic production
- Excellent infrastructure (road, rail, power, skilled labour force)
with local First Nations and Community support
- Large land position (+290 km2) with existing gold resource
- pen to expansion
- Unrecognized high-grade gold component to current
resource a focus of exploration
- Potential for new discoveries
- Fully Financed for 2020
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CONTACT
GENESIS METALS CORP. Suite 1020 – 800 West Pender Vancouver, British Columbia V6C 2V6 CANADA
- Dr. David Terry, President and CEO