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

A c q u i r e - E x e c u t e - O p e r a t e

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 $3.5 million

for exploration & resources expansion

• 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, 2018 3. Update Resource Estimate and start PFS – Q4 2018 4. Complete Pre-Feasibility Study - by mid of 2019 5. Decision for Construction & EPCM – 2019/2020

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Benz Share Structure

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Benz Share Structure Shares Issued and Outstanding 7,827,402 Financing ($3.5M at $0.30; 1sh + 1w at $0.50) 11,666,667 Post st-Fi Financ nancing ng Shares s Outsta stand nding ng 19,494,069 Share Price Hi/Lo $0.40/$0.15

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Board Of Directors & Management Team

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Ronald (Ron) Hall, Chairman & Director Gordon Bub, Director Michael Konnert, VP Finance & Corporate Development, & 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

• 10 years of experience in the natural resources industry, specifically in executing successful corporate development and investor relations strategies for leading mining

companies.

• Previously with Pretium Resources (TSX-PVG) following their $265M IPO; Associate with Advanture Capital Partners, a mining focused merchant bank; Manager corporate

development and investor relations with Riverside Resources (TSX.V-RRI).

• Bachelor of Commerce from Royal Roads University

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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 & Associates (1981) Limited
• Gilles Arseneau

au, PhD, P.Geo..

• Byron Stewar

art, P.Eng

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Why Zinc?

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Proje jected glob

• bal

al economi mic recove

• very

y

• v
• ver coming

ing years with USA, China, a, India ia & other emergin ing economi mies expected to increas ase in the deman and for zinc Continuing ing long-term m urbanizat ation ion and industrial ializat izatio ion will ll mean that the develo loping world ld will ll suppor

• rt grow
• wth in

global al zinc deman and Chronic ic zinc supply y shortag age forecas asted. Depletion ion of majo jor zinc mines and very few zinc mines coming ing

• nline

ine is expected to lead to robust zinc price Insuff ffici icient nt mine supply y expected to constrai ain re refine ned pro roduc uctio ion n - From m 2014 2014-2020, 2020, refin ined metal l supply y increas ase

• f only

y 792 kt kt - Over the same me period

• d,

, refined deman and increas ase of 2.8 Mt Major

• r mine clos
• sures

during ing the last year and ov

• ver the next few

years will ll remove

• ve 15%
• f the current global

al zinc concentrat ate 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

Explor loratio tion activ ivities ities have included luded numerous:

• 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 Proper erty ty was first t staked ed in 1967 7 and it has been explor

• red

ed a number r of compa mpanie ies s includ ludin ing: g:

• 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) Interva val (m) Zinc (%) Lead (%) Barit ite (%)

74 74-2 33.83 33.83 47.09 12.81 12.81 4.82 4.82 2.20 2.20 63.10 63.10 78-6 179.22 187.15 6.56 5.55 5.03 69.56 78 78-7 128.32 128.32 146.61 146.61 10.49 10.49 5.02 5.02 2.39 2.39 71.61 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 87-5 388.96 388.96 394.1 5.16 5.16 23.17 23.17 2.31 2.31 0.07 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 48 521.90 521.90 535.40 535.40 9.60 9.60 5.98 5.98 0.67 0.67 77.47 77.47 94 94-46 46 640.90 640.90 650.90 650.90 9.40 9.40 5.89 5.89 2.66 2.66 70.63 70.63

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Metallurgy Testing & Market Study

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Prelim limin inary ry meta tallu llurgica gical l tests ts respond

• nded

ed well l to flot

• tation

tion Yield lded ed concen centr trate tes:  60.9% to 64.7% zinc  78.0 to 79.6% lead  90.3 to 94.4% barite Reco coverie 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

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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 5.80 3.37 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 7.96 J-85-4 59.65 61.80 1.65 14.60 Jeri North Zone Hole From To Interval Zinc (%) J-95 95-4 76.60 60 81.60 60 5.00 9.90 J-95 95-5 120.50 50 128.10 10 7.60 10.92 92 J-96-10 183.50 184.50 1.00 27.04

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Mineral Resource Estimate - NI43-101 (Mar. 20, 2017)

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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
• n SEDAR under the Benz profile.

Mel Main Zone – Inferred Resou

• urce

ce using g a Zn Equiva valent cut-of

• ff

Cut-off Tonnes > Cut-off Grade > Cut-off ZnEQ (%) Tonnes Zn (%) Pb (%) ZnEq(%) BaSO4 (%) 5.0 5,280,000 6.51 1.86 8.38 45.05

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The Mel Project: Execution Plan

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Mel Project Development Timeline 2017 2018 2019 2020 Financin cing g ($ 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

tructio ction n Capita ital 11.5 .5

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The Mel Project: Use Of Proceeds

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Mel Project ject - Summary ry, , 2017 Equipment (including fuel) Mobilization $75,000 Mapping, trenching, & soil and rock sampling $80,000 Diamond Drilling (including fuel & consumables) $920,500 Helicopter (including fuel) $197,000 Fixed Wing $82,000 Equipment (including fuel) $121,000 Camp, Rentals and Consumables $314,000 Labour (field) $360,000 Senior Supervision, Report Preparation and Accounting $98,000 Logistics and Health and Safetey $108,000 Assays, Analytical, Metallurgical, & Envoronmental Studies $190,000 Consultant's Management Fee $144,000 Contingency @ 15% $403,425 Total Exploration Budget $3,092,925 Corporate $450,000 Total Exploration & Corporate $3,542,925

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The Mel Project Acquisition Terms

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Mel Project Payment Option Cash Shares s Value ue 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 Subto tota tal $475,000 $2,225,000 Tota tal Price $2,700,000

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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