C o r p o r a t e O v e r v i e w & T h e M e l Z i n c P r - - PowerPoint PPT Presentation

C o r p o r a t e O v e r v i e w & T h e M e l Z i n c P r o j e c t

T S X . V : B Z b e n z m i n i n g . c o m

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Cautional Disclaimer

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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", "project", "should",

"believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this presentation contains forward looking statements and information concerning the expected activities of Benz Mining Corp. The forward-looking statements and information are based on certain key expectations and assumptions made by Benz Mining Corp. Although Benz Mining Corp. believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because Benz Mining Corp. can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. Benz Mining Corp. undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. Technical information in this presentation has been reviewed and approved by Miloje Vicentijevic, P.Eng., president and CEO of Benz Mining Corp.

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Overview

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Benz Mining Corp. Mel Project Execution Plan

• Canadian junior mining

company focused on advanced stage projects and execution

• Hands-on management with

global mine construction, production & public market experience

• Acquiring 100% of the Mel

Project, a resource stage Zn- Pb-BaSO4 deposit in the Yukon Territory

• Currently raising $0.6 million

for exploration & working capital

• Excellent location, near

infrastructure and 40 km north of the Alaska Highway in southeast Yukon

• 5.28 Mt of mineral resources

grading 6.51% Zn, 1.86% Pb, 45.05% BaSO4 (NI43-101, Mar 20, 2017)

• 74 Mlbs zinc annually; Mine

life 8 years (Internal scoping study)

• Significant exploration

potential to increase resource and extend mine life 1. Mobilization – dozer and backhoe have been moved to site 2. Complete Exploration Drilling (two seasons) – by Q3, 2019 3. Update Resource Estimate and start PFS – Q4 2019 4. Complete Pre-Feasibility Study - by mid of 2020 5. Decision for Construction & EPCM – 2020/2021

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Board Of Directors & Advisory Board

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Ronald (Ron) Hall, Chairman & Director Gordon Bub, Director

• B.Sc. (Hon) Metallurgy with over 40 years professional experience in the management, operation, evaluation and design of global mining projects.
• A graduate from Cardiff University in Wales, Ron has lived and worked in the UK, South Africa, Botswana, Canada, Australia and China and in addition has been involved in

business and mining opportunities in India, Russia, North America, Chile, Brazil and Mexico.

• Former independent director of Chinalco Mining International and current director of Panoro Minerals Ltd. (TSX.V-PML)
• Mining Engineer with international experience in engineering and operations; P.Eng. in British Columbia, Canada
• +25 years of experience in lead/zinc, copper, gold, coal & oil sands mining operations and consulting engineering companies.
• Technical Director of Mining for Worley Parsons Canada and Mining Division Manager for Wardrop Engineering Inc; and Technical Services Manager for Sherritt

International Luscar mine operation in Alberta.

• Master’s Degree in Management from the University of Alberta, Edmonton; BSc in Mining Engineering from the University of Belgrade, Serbia.
• Acts as a QP for mine planning & design, financial analysis, and overall NI 43-101 technical report preparation.
• Mining Engineer with 40 years industry experience, including 20 years in investment banking.
• Chairman and CEO of Breakwater Resources which was sold to Nyrstar for ~$650M, Former Chairman of Black Hawk Mining Inc. and Executive Vice-President, Merchant

Banking, at Dynamic Capital Inc.

• Served as Director of Glencairn Gold Corporation and Western Canadian Coal Corporation.
• Former mining analyst, director of research and corporate finance for Toronto based investment dealers.

Miloje Vicentijevic, President, CEO, & Director

• Professional Geologist, with over 50 years of experience in minerals exploration and mining geology incl. 20y in senior exec. positions for several minr. resource companies
• Former president and director of International Barytex Resources Ltd. and Kobex Resources Ltd. leading Mel Project developmet
• Currently President and a director of Pacific Imperial Mines Inc., a junior resource company.
• Member of the Association of Professional Engineers of Ontario, a member of the Association of Professional Engineers and Geoscientists of British Columbia, a Life

Member of the Canadian Institute of Mining and Metallurgy, and a Fellow of the Geological Association of Canada

Leo King, Director, Advisory Board

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Board Of Directors & Management Team

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Carlos Escribano, CFO & Director Matthew Dumala, VP Project Development Dennis Johnson, Sr. Mining Engineer

• CGA graduated at the UBC
• CFO of Renaissance Oil, former Senior Vice President Finance and Chief Financial Officer at Oracle Mining Corp.
• Experience includes financial and strategic management, debt and equity financing, regulatory compliance, business development and acquisitions analysis, treasure and

budgeting.

• BSc. (Hon.) in geology with 38 years international mining industry experience.
• Experience in exploration, evaluation, and acquisition of early to advanced projects; resource estimation, feasibility studies and mine site geology. Commodities - gold,

silver, copper, molybdenum, base metals and others metals

• 15 years with Placer Dome Inc. in technical and management positions
• VP Exploration for Black Hawk Mining, Glencairn Gold & Wega Mining.
• P.Geo. in Ontario, acting as a NI 43-101 Qualified Person for Benz.
• Geological Engineer with 14 years of experience in Yukon and a Partner of Archer, Cathro & Associates (1981) Limited
• Experience in early stage and advance projects; grass roots, advanced drill projects, engineering studies, deposit modeling and resource estimation.

Michael B. Gareau, Sr. VP Geology & Exploration

• Mining Engineer with 35 years of operations and consulting experience.
• Expertise in mine planning & design, strategic and budget-detailed cost modeling, reporting, and economic and forecast modeling.
• P. Eng. in British Columbia, acting as a NI 43-101 Qualified Person for Benz.

Consultants

• Archer,

, Cathro ro & Assoc

• cia

iate tes (1981) Limited

• Gill

lles s Arse seneau au, PhD, P.Geo..

• Byro

yron Stewar art, P.Eng

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Why Zinc?

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Projecte ected global econo nomi mic recovery

• ver

er comi ming ng year ars with h USA, , China, na, India & other er emerging econo nomi mies es expect ected ed to increas ease in the demand and for zinc nc Cont ntinui nuing long-term erm urbani aniza zation and indus ustrializat zation n will mean n that t the deve veloping ng world will support growth th in global zinc nc demand and Chroni nic zinc nc supply shortage age forecast ecasted. . Deplet etion of major zinc nc mines es and very y few zinc nc mines es coming

• nline is expecte

ected to lead to robust t zinc price Insuff ufficient ent mine supply y expect ected ed to cons nstr train n refined ned produc ucti tion n - From 2014 14-20 2020 20, , refine ned metal supply y increase ease

• f only

y 792 2 kt kt - Over the same me period, , refine ned demand and increas ase e of 2.8 8 Mt Major mine closur ures es during ng the last t year ar and over er the next few year ars will remove e 15%

• f the current

ent global zinc nc conc ncentr ntrate e supply

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Yukon Zinc: The Mel Zinc-lead Project

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• The Mel property is located 40 km north of

the Alaska Highway in southeast Yukon,510 k m by road from Fort Nelson (railhead) and 670 km from Skgway (tidewater port)

• Four zinc-lead-barite Strata-bound zones

were last explored in the mid 1990’s

• The Mel Main Zone hosts an inferred

mineral resource of 5.28 million tons grading 6.51%Zn, 1.86%Pb, 45.05%BaSO4 (NI43-101, Mar.20, 2017)

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Mel Property: Exploraton And History

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Significant past-exploration on project including total of 90 drill holes & 16,759 m of diamond drilling:

• Mel Main Zone systematically drilled - remains open on strike and depth
• Jeri and Jeri North Zones – limited reconnaissance-level drilling
• Mel East Zone - untested by drilling

Explo lorati ation

• n activi

vities ties have e includ luded ed numer erous:

• us:
• Soil geochemical surveys,
• Geophysical surveys (IP, gravity, VLF and magnetics),
• Trenching, diamond drilling,
• Metallurgical test work, and several resource estimations.
• Pre-feasibility (1989) study by sandwell swan wooster inc.

The Prop

• per

erty was first st staked ed in 1967 and it has been en explo lored a number er of compani anies es includ luding: ing:

• Newmont Mining Corporation Ltd, Cominco Ltd and Kobex Minerals Inc.
• Kobex sold to Silver Range due to change-of-business

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The Mel Project: Geology

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• Marine sediments with minor coeval volcanics,

which host strata-bound Zn/Pb/BaSO4 mineralization.

• The host stratigraphy is broadly folded into a north-

trending overturned syncline.

• The synclinal structure has been disrupted by north

and northeast-trending faults having vertical & lateral displacements.

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The Mel Project: Geology

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Mineralization at the Main Mel Zone consists

• f coarse-grained sphalerite and galena

disseminated throughout a mixture of mudstone, silica-carbonate, and coarsely crystalline barite.

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The Mel Main Zone: Select Highlights

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Hole From m (m) To (m) Interval (m) Zinc (%) Lead (%) Barite e (%)

74 74-2 33.83 47.09 12.81 4.82 2.20 63.10 78-6 179.22 187.15 6.56 5.55 5.03 69.56 78 78-7 128.32 32 146.61 61 10.49 5.02 2.39 71.61 79-2 222.00 230.40 7.27 13.63 1.74 26.15 87-4 499.60 509.93 6.67 12.08 0.02 60.22 87 87-5 388.96 96 394.1 5.16 23.17 2.31 0.07 89-30 32.40 46.00 6.80 6.61 1.08 64.06 89-33 158.10 171.30 7.76 7.72 2.19 68.30 90-34 79.90 111.10 17.90 9.37 0.50 59.27 90-35 187.50 198.10 7.50 4.61 3.72 74.77 90-36 33.30 45.30 6.88 7.09 1.48 60.17 90-41 124.90 143.36 10.53 6.57 2.66 63.03 94 94-48 48 521.90 90 535.40 40 9.60 5.98 0.67 77.47 94 94-46 46 640.90 90 650.90 90 9.40 5.89 2.66 70.63

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Exploration Upside: Jeri And Jeri North

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• The project has not been tested for concurrent precious metal mineralization
• High-grade zinc exploration targets to the north of the Mel Main deposit
• Exploration will focus on adding potential near-surface, open-pit zinc resources

Jeri Zone Hole From To Interval Zinc (%) J-85 85-1 2.43 43 5.80 80 3.37 37 13.11 .11 J-85-2 50.00 51.40 1.40 5.65 J-85 85-2 72.60 .60 77.18 .18 4.15 15 7.96 96 J-85-4 59.65 61.80 1.65 14.60 Jeri North th Zone Hole From To Interval Zinc (%) J-95 95-4 76.60 .60 81.60 .60 5.00 00 9.90 90 J-95 95-5 120.5 0.50 128.1 8.10 7.60 60 10.92 .92 J-96-10 183.50 184.50 1.00 27.04

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Metallurgy Testing & Market Study

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Prelim imin inary ry metallu llurgic ical l tests respon

• nded

ed well to flotation

• n

Yielded ded concentrates es: ✓ 60.9% to 64.7% zinc ✓ 78.0 to 79.6% lead ✓ 90.3 to 94.4% barite Recover veries: ies: ✓ 90.3 to 96.2% zinc ✓ 97.7 to 98.0 lead ✓ 88 to 90.9% barite

• Larger-scale test was done for barite concentrate

market evaluation

• Concentrate grade 95.1% barite,
• Recovery of 92.6% was produced from feed grading

53.5% barite

• Barite provides an opportunity to monetize what

would otherwise be waste-rock

Mel Main Zone – Inferr rred Resour urce using ng a Zn Equivalent nt cut-off

Cut-of

• ff

Tonnes > Cut-of

• ff

Grad ade > Cut-of

• ff

ZnEQ (%) Tonnes Zn (%) Pb (%) ZnEq(%) BaSO4 (%) 5.0 5,280,000 6.51 1.86 8.38 45.05

Further details pertaining to the Mineral Resource Estimate can be found in a 43-101 Technical Report completed by Leo King, P.Geo. and Gary Giroux, P. Eng., MASc. independent qualified persons, dated March 20, 2017 and filed on SEDAR under the Benz profile.

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The Mel Project: Production Stats (Internal Scoping Study)

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LOM Average 593,150 74,144 170,852 21,357 2,081,448 260,181 5,139,378 642,422 2,000 5.70 1.63 45.00 91.9% 92.6% 90% 427,861 53,483 62.9% 98,375 12,297 78.8% 2,081,448 260,181 Mel Proje ject Operat ating ing Statis istic ics Prod

• ducti

tion

• n (contai
• ntained

d in conc.) .) Zinc (000's lbs) Lead (000's lbs) Barite (BaSO4, t) Mining ing Ore (tonnes) Milli ling Tonnes Processed per day Zinc grade (%) Lead grade (%) Barite grade (%) Recove

• verie

ies Zinc (%) Lead (%) Barite (%) Concentr trat ate Zinc concentrates (T) Zinc Lead ad concentrates (t) Lead Potential Barite Production (t)

Small lake draining both to north and south Underground mine levels Open pit mine

Decline portal

Primary stockpile

Mill platform Tailings pond with two embankments

• n either end

Waste dump

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The Mel Project: Execution Plan

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Mel Project Development Timeline 2018 2019 2020 2021 Financing ($ M) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Exploration 7.0

• Update Resources Estimate
• Environmental, Heritage, Permitting…

4.5 Metallurgy, Geotechnical.... Pre-Feasibility Study

• Site Construction, EPCM

Mill in Production

• Total

l Pre-Con

• nstru

ruction ion Capital 11.5

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The Mel Project Acquisition Terms

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Mel Project Payment Option Cash Shares es Value e Signing ✓ $20,000 4 months ✓ $80,000 1st anniversary $75,000 $75,000 2nd anniversary $150,000 $150,000 3rd anniversary $150,000 $450,000 4th anniversary $1,200,000 Balance $350,000 Subtota

• tal

$47 475,00 ,000 $2,225,000 2,225,000 Tota tal Price ce $2,70 2,700,00 0,000

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Summary

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Mel Main Zone is large undeveloped zinc-lead-barite deposit Highly prospective land position in the district with a strong likelihood of discovery of additional high- grade deposits: Jeri, Jeri North, & Mel East Zone Permits for further surface and underground exploration are secured Limited drill testing of select targets – follow-up warranted Internal Scoping Study supports development of the operation Benz is led by experienced management that includes a $650M past zinc transaction Macro picture supports very bullish view on zinc

01 01 02 02 03 03 04 04 05 05 06 06 07 07

M i l o j e V i c e n t i j ev i c

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T S X . V : B Z b e n z m i n i n g . c o m