Copper Gold Porphyry Exploration in British Columbia August 2018 - - PowerPoint PPT Presentation

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Copper Gold Porphyry Exploration

in British Columbia

August 2018

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Why OK2 Minerals?

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MANAGEMENT TRACK RECORD HIGH QUALITY PROJECTS ATTRACTIVE SHARE PRICE

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Key Management & Directors

3 Mike Devji | CHAIRMAN, CEO & DIRECTOR

An experienced financier of public companies, Mr. Devji’s most recent success was as Vice President of ORKO SILVER CORP and was responsible for raising more than $50 million to explore the LA PRECIOSA silver deposit in Durango, Mexico. Orko Silver was sold to COEUR MINING in 2013 for $384 million. Prior to that, Mr. Devji led a group of investors who financed a 40% interest in the SOUTH KEMESS GOLD-COOPER in British Columbia, Canada. That interest was subsequently sold for over $400 million.

George Cavey, P.Geo | VP EXPLORATION & DIRECTOR

• Mr. Cavey has over 40 years in exploration and consulting as the president of OREQUEST CONSULTANTS. Past President of the

Geoscientists Canada. The 2004 recipient of the APEGBC C.J. Westerman Award. Also the recipient of the 2010 Canadian Professional Geoscientist Award, Canada’s highest honor for a Professional Geoscientist. Consultant to the BCSC and the TSX Venture Exchange. Former Vice President Exploration for ORKO SILVER who discovered the 264 million ounce LA PRECIOSA silver deposit. He was a member

• f the Canadian Securities Administrators mining advisory committee (MTAMC) for many years.

Jim Currie, P.Eng | DIRECTOR

• Mr. Currie is the former COO of PRETIUM RESOURCES INC. and has over 38 years of experience in the mining industry, and has held roles

in senior management, engineering and operations on a number of projects that have progressed through feasibility to successful

• peration including the construction and development of NEW GOLD INC.'s New Afton gold mine in British Columbia. He is the 2014 co-

winner of AME BC’s prestigious EA Scholtz Award for Excellence in Mine Development for his work on New Afton.

Cyrus Driver, CA | CHIEF FINANCIAL OFFICER & DIRECTOR Tag Gill, B.A.Sc., CGA | DIRECTOR Douglas Cavey | TECHNICAL SERVICES MANAGER Blair Schultz, B.Math, Acc. Dir. | ADVISORY BOARD

• Mr. Schultz has extensive knowledge in the capital markets having served as VP of K2 Investment Mgmt 13 years. In 2012, Blair became

Chairman of KLONDEX MINES and later an Executive Director, while they transformed an insolvent exploration project into one of TSX’s most successful companies, evolving from a $40 million market cap explorer to a successful gold producer that now has been purchased by Hecla Mining. He is a member of the Board for Eastmain Resources and Chair of the Audit Committee. Between 2015 and 2016, Blair was a Director and Chair of the Committee of VMS VENTURES during which time he negotiated a successful sale to Royal Nickel.

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Corporate Overview

TSX-V: OK | Frankfurt: 1KO

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SHARE STRUCTURE

Issued & Outstanding

97,975,007

Options

(exercise prices $0.10 – $0.23)

5,885,000

Warrants ( to Dec 2019)

(exercise price - $0.20)

22,577,886

Fully Diluted

126,437,893

TRADING INFORMATION

52 Week Low/High

$0.03 - $0.14 CDN

Current Trading Range

$0.04 - $0.06 CDN

Management & Associates

>25%

SHARE OWNERSHIP

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Company Highlights

OK2 Minerals History

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Orko sold to Coeur Mining for $384 Million

2013 2014 2015 2016 2018

Gold Jubilee Capital, created with three of the

• riginal Orko Directors

Name change from Gold Jubilee Capital Corp to OK2 Minerals Ltd. Kinskuch Lake Property is acquired Pyramid Property is acquired Field season consisted of Pyramid RC & diamond drilling

2017

Field season to consist of Kinskuch Lake diamond drilling Management self financed the project for the first few years due to difficult market conditions

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Company Highlights

Two High Quality Properties

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• Exploring two high quality properties, Pyramid & Kinskuch Lake, in the vicinity of the

world class copper and gold deposits in BC’s Golden Triangle

• Safe jurisdiction
• BC’s Golden Triangle is Canada’s most active area for exploration and development by

both junior and senior companies in 2018

• Over 150 million oz of gold, 750 million oz of silver, and 50 billion lbs of copper have

been found

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Company Highlights

Proven Wealth Creators

Management are proven wealth creators through new discoveries

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Kemess copper gold porphyry deposit in Central BC

ST PHILLIPS RESOURCES

La Preciosa silver deposit in Mexico

ORKO SILVER

Direct involvement with the discovery

• f the Eskay Creek

deposit

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Company Highlights

Exit Opportunities for Investors

Management has a proven track record of providing exit

• pportunities for investors

ORKO SILVER | taken over by Coeur Mining La Preciosa Silver Deposit KLONDEX MINES | taken over by Hecla Mining Corp Fire Creek, Midas and Hollister Mines VMS VENTURE | taken over by Royal Nickel Corp Reed Mine MIRAMAR MINING | taken over by Newmont Mining Hope Bay Deposit PRIMARY METALS | taken over by Sojitz Inc. Panasqueira Tungsten Mine ST PHILLIPS RESOURCES | taken over by Royal Oak Mines Kemess South Copper/Gold Deposit

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Company Highlights

Experienced Mine Builders

Management contains experienced Mine Builders PRETIUM RESOURCES | Brucejack Mine NEW GOLD | New Afton Mine KLONDEX MINES | Fire Creek, Midas and True North Mines FIRST QUANTUM | Guelb Moghrein Mine CORNUCOPIA RES | Mineral Ridge

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Kinskuch Lake Property

Advanced Copper-Gold Porphyry Target

Kinskuch Lake is located in the metal-rich region of the southern Golden Triangle that includes some of the most active exploration/ development projects in BC Pretium | BRUCEJACK Seabridge | KSM Ascot | PREMIER IDM | RED MOUNTAIN Auryn | HOMESTAKE RIDGE Dolly Varden | TORBRIT/DV Imperial | RED CHRIS Over 150 million oz of gold, 750 million oz

• f silver, and 50 billion lbs of copper have

been found in the Golden Triangle

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Kinskuch Lake Property

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Kinskuch Lake Property

History and Deal

• Nearly 40 companies have conducted exploration work in the Kinskuch Lake claim (geological

mapping, prospecting, sampling, drilling, etc.) since the early 1900s. Some of the senior mining companies (or their subsidiaries) that have conducted recent exploration in the area:

• Only 13 holes have been drilled (2,140m) in the past 14 years
• OK2 Minerals has the right to earn a 100% interest in the project subject to a small

production mineral royalty . To earn the interest, the Company must make the payments totaling $3,250,000 and incur exploration expenditures totalling $3,200,000 by 2021:

• pay $200,000 in 2018 and have incurred $700,000 in exploration expenditures by late 2018,
• pay $300,000 in 2019 and have incurred $1,700,000 in exploration expenditures by late 2019;
• pay $500,000 in 2020 and have incurred $3,200,000 in exploration expenditures by late 2020,
• pay $2,000,000 by late 2021.
• $250,000 paid to date and ~$300,000 in exploration expenditures completed to date

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Kinskuch Lake Property

Receding Ice – New exploration targets

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Extensive Glaciers

Director Cavey – 1980

Same Glaciers – 2016

Glaciers have receded since 1980 providing new mineral exposures

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Kinskuch Lake Property

Regional Geological Setting

The only two areas in the Golden Triangle where known gold silver deposits exist on the west side of a large regional fault structure and porphyry deposits exist

• n the east side of the

regional fault structure

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15 Hecla Claims Hecla Claims Hecla Claims

Kinskuch Lake Block Silver Basin Block VMS Block

Camp

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Kinskuch Lake Property

Advanced Copper-Gold Porphyry Target

16 2017 OK2 rock sample Historic VMS sulphide grab samples

FOREST KERR 1965 16m of 1.22% Cu 43.7m of 0.23% Cu

Historic mineral resource

Area of 2017 Mapping & Sampling

Silver Basin Block 7,688 g/t Ag, 24.2% Cu and 1.45% Zn

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Kinskuch Lake Block VMS Block

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Kinskuch Lake Property

OK2-2017 Rock sampling and Historic Rock VMS Sampling

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Rock exposure due to receding glaciers – 2016

2017 OK2 Kinskuch Lake grab samples 42 samples over 2.25km averaging 0.57% Cu, and 0.35g/t Au 2.02 g/t Au, 9.31 g/t Ag, & 1.54% Cu 2.84 g/t Au and 6.74 g/t Ag & 1.79% Cu 2.39 g/t Au, 3.38 g/t Ag, 5.12% Cu 30.1 g/t Ag, 12.5% Cu Historic VMS grab samples 5.6 g/t Au, 99.7 g/t Ag 2.3% Pb, 10% Zn, 39 g/t Ag, 2.6% Pb, 1.4% Zn 14 g/t Au, 5.2 g/t Ag Other samples- 11.6% Zn, 8.1% Cu 41.0 g/t Ag Historic Mineral Resource (reported in 1956) Several million tons of 0.4% Cu* (Northwest Expl.) *- The company is not considering this as a reliable, current mineral resource and has not verified it.

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Kinskuch Lake Property

Geophysical Anomalies (ZTEM airborne resistivity)

18 FOREST KERR (1965)

16m of 1.22% Cu 43.7m of 0.23% Cu

CANADIAN EMPIRE (2003)

25m of 0.86% Cu and 0.64g/t Au 50m of 0.33% Cu and 0.21 g/t Au

Target area of 2018 Drilling

42 rock samples over 2.25km averaging 0.57% Cu, and 0.35g/t Au

NORTHWEST EXPLORATION (1956)

Historic Mineral Resource Several million tons of 0.4% Cu*

*- The company is not considering this as a reliable, current mineral resource and has not verified it. ZTEM Resistivity Anomaly

VMS/Epithermal Targets Big Bulk Porphyry Cu-Au Target

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Kinskuch Lake Property

Hecla Exploration (base maps from Hecla Mining Corp website, May 2018)

OK2 Claims Hecla Claims (in yellow) OK2 Claims

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Kinskuch Lake Property

Copper-Gold Porphyry Drilling Targets- 2018

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FOREST KERR 1965 16m of 1.22% Cu 43.7m of 0.23% Cu CANADIAN EMPIRE (2003) 25m of 0.86% Cu and 0.64g/t Au 50m of 0.33% Cu and 0.21 g/t Au

Possible Drill sites 2018 Program

• Possible

drill sites

Untested, Highly Prospective, Core Zone Corridor

ROOTS PALEO - SURFACE

Tilted porphyry model:

• Porphyry emplaced upright is tilted into a subhorizontal orientation
• Surface outcrop exposes a 1.5 km vertical section of porphyry
• High Cu:Au ratios in deep, western outcrops; lower Cu:Au ratios in

shallow, eastern outcrops

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Kinskuch Property

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2018 Kinskuch Lake and VMS Budgets

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PROJECT BUDGETS

Item Phase I 2018 Phase II 2018 Geology Team $207,000 $122,000 Diamond Drilling $160,000 $110,000 Drill support $134,000 $90,000 Analysis $80,000 $32,000 Transportation $240,000 $134,000 Support $235,000 $133,000 Report $36,000 $15,000 Contingency @10% $108,000 $64,000

TOTAL $1,200,000 $700,000 Commences Summer 2018 Commences Fall 2018

Detailed geological mapping and rock sampling on the Kinskuch Lake block

✓ COMPLETED

Airborne ZTEM geophysical survey over total property

✓ COMPLETED

Re-interpretation of geological and deposit models with the assistance of MDRU, UNC and the BCDM

✓ COMPLETED

Initial rock & soil sampling on VMS block

✓ COMPLETED

Phase I-Geological mapping and geochemical rock/soil sampling on the VMS block

PENDING

Phase I -Diamond Drilling on the Kinskuch Lake block - initial 1,500m

PENDING

Phase II-Follow-up detailed geological mapping and rock sampling on the VMS block

PENDING

Phase II - Follow-up Diamond Drilling on the Kinskuch Lake block -1,000m

PENDING

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Pyramid Property

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Regional Setting and Porphyry Mineral Deposits

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Pyramid Property

• High potential, underexplored region
• Road accessible, in BC’s most

productive copper-gold belt

• Raw prospect, property has never

been previously explored

• 100% owned, no royalties
• Geology, geophysics, and

geochemistry show evidence of porphyry Cu-Au deposits

• Assessment credits good until at least

2025

• 2017 Exploration program completed

consisting of more RC drilling and three diamond drill holes.

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Pyramid Cu-Au Project

Target Areas

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Pyramid Target Areas

West Zone Drilling Area

27 2017 RC Drill holes 2016 RC Drill holes 2017 DD holes PD-17-02 PD-17-03 PD-17-03 PD-17-02 PD-17-01

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Pyramid Results

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East Zone RC Drill East Zone RC Drill

• 2013 -2016 returned values as high as 4.6 g/t and

11.5 g/t Au and 0.31% Cu in altered intrusives and 3.52 g/t Au, 7.87 g/t Ag, and 1.73% Cu.

• Disseminated mineralization occurs with values

up to 0.90% Cu, 1.1 g/t Au 2016 work significantly expanded the zone, now more than 3.5 km2.

• Two RC holes returned anomalous gold values of

0.28 g/t Au over 29 m (PY-17-04), including 4.57m of 1.43 g/t Au. Also 0.12 g/t Au over 91.44m (PY-17-05).

• This zone represents an excellent diamond drill

target.

• All seven RC drill holes completed

intersected mineralized intrusives and all intervals returned anomalous copper values with associated elevated gold values

• The 2016-17 RC drilling demonstrated the gold

is associated with hydrothermal alteration and the gold copper values are indicative of a primary porphyry environment

• Two diamond drill hole completed (875m)
• PD-17-02 (485m) returned 481.5m of 0.19

g/t Au Eq (0.16 g/t Au) including 19.2m of 0.60 g/t Au Eq (0.57 g/t Au) from 101m and 75.0m of 0.35 g/t Au Eq (0.32 g/t Au) from 278m.

West Zone East Zone

Hole PD-17-02: 283m- Disseminated sulphides in multi- phased gold bearing quartz veining

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Why OK2 Minerals?

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1 2 3 4 5

Two High Quality Properties

Exploring two high quality properties (Pyramid & Kinskuch Lake) in the vicinity of the world class copper and gold deposits in BC’s Golden Triangle

Proven Wealth Creators

Management are proven wealth creators through new discoveries

Experienced Mine Builders

Management have been involved in the building of seven mines

Exit opportunities for investors

Management has a proven track record of providing exit

• pportunities for investors

OK2 Minerals and Orko Silver history

Orko sold to Coeur Mining for $384 Million

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Forward Looking Statements

This presentation may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended and forward-looking information within the meaning of the Ontario Securities Act. These forward-looking statements involve known and unknown risks that may cause actual results to be materially different from those implied herein including, without limitation, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources; the geology, grade and continuity of mineral deposits; the possibility that future exploration and development results will not be consistent with the Company’s expectations; accidents, equipment breakdowns, labour disputes or other unanticipated interruptions in exploration and development; the potential for unexpected expenses; commodity price or currency fluctuations; or failure to obtain adequate financing on a timely basis. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those presented in forward-looking statements. Accordingly, you are cautioned not to place undue reliance on the forward- looking statements made in this presentation and to make reference to the company’s prospectus and technical report for further information. This presentation has been prepared by the Company, George Cavey, P.Geo., who is the Qualified Person responsible for the preparation of the scientific and technical information related to the Company’s

• perations that is included in this presentation.

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Contact

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HEAD OFFICE

Suite 480 – 505 Burrard Street PO Box 217 Vancouver BC Canada V7X 1M3 604.684.4691 mike.devji@ok2minerals.com C 604.258.8666

• k2minerals.com

INVESTOR RELATIONS

Kin Communications Suite 100 – 736 Granville Street Vancouver BC Canada V6Z 1G3 604.684.6730

• k@kincommunications.com

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APPENDIX

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GOLDEN TRIANGLE PORPHYRY DEPOSITS*

(Kinskuch Lake project target geological model highlighted)

Deposit Name Porphyry

Target

Owner(s) Tonnes (category) Grade Cu % (category) Grade Au g/t (category) Copper lbs (category) Gold oz (category) CuEq % (category)

Red Chris Cu/Au/Ag Imperial Metals 1.22B/1.22B (PP/MInd) 0.36/0.33 (PP/MInd) 0.27/0.33 (PP/MInd) 2.4B/8.8M (PP/MInd) 2.6M/12.8M (PP/MInd) 0.52/0.44 (PP/MInd) KSM Cu/Au/ Mo/Ag Seabridge Gold 2.2B/2.8B (PP/MInd) 0.21/0.21 (PP/MInd) 0.55/0.55 (PP/MInd) 9.9B/12.7B (PP/MInd) 38.0M/49.0M (PP/MInd) Schaft Creek Cu/Mo/ Au/Ag Copper Fox Metals 940M/11.2B (PP/MI) 0.27/0.26 (PP/MI/) 0.19/0.19 (PP/MI) 5.6B /3.2B (PP/MI) 5.8M /7.3M (PP/MI) 0.43/.41 (PP/MI) Galore Creek Cu/Au/Ag NovaGold/ Teck Res 528M/814M (PP/MInd) 0.59/0.50 (PP/MInd) 0.32/0.31 (PP/MInd) 6.86B /8.9B (PP/MInd) 5.4M /2.7M (PP/MInd) North Rok Cu/Au Colorado Resources 142M (Inf) 0.22 (Inf) 0.26 (Inf) 690M (Inf) 1.2M (Inf) 0.37 (Inf) Granduc Cu/Au/Ag Castle Resources 11.3M/44.6M (MInd/Inf) 1.48/1.41 (MInd/Inf) 0.17/0.18 (MInd/Inf) 367M /1.4B (MInd/Inf) 0.06M /0.27M (MInd/Inf)

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GOLDEN TRIANGLE GOLD SILVER DEPOSITS*

Deposit Name

Metals Owner(s)

Tonnes (category) Grade Au g/t (category) Grade Ag g/t (category) Gold oz (category) Silver oz (category) Historic Gold Oz Produced Historic Silver Oz Produced

Eskay Creek Au/Ag Calpine/ Barrick 49.0 2,406 3.3 million 159 million Brucejack Au/Ag Pretium Resources 16.5M/16.4M (PP/MInd) 14.1/17.2 (PP/MInd) 57.5/15.0 (PP/MInd) 7.5M/9.1M (PP/MInd)) 30.7M/7.9M (PP/MInd) Snip Au/Ag Skeena Resources 27.9 1.1 million Red Mountain Au/Ag IDM Mining 1.6M/0.55M (MInd/Inf) 8.4/6.1 (MInd/Inf) 26.0/9.0 (MInd/Inf) 0.44M /0.11M (MInd/Inf) 1.4M /0.15M (MInd/Inf) Dilworth/ Premier Au/Ag Ascot Resources 93M/79M (Ind/Inf) 0.82/0.59 (Ind/Inf) 6.9/7.2 (Ind/Inf) 2.4M/1.5M (Ind/Inf) 21M/18M (Ind/Inf) 2.0 million 43 million Dolly Varden Ag Dolly Varden Silver 3.1M/0.90M (Ind/Inf) 321.0/373.0 (Ind/Inf) 31M/11M (Ind/Inf) 20 million Homestak e Ridge Au/Ag Homestake/ Auryn 0.6M/6.7M (Ind/Inf) 6.4/4.2 (Ind/Inf) 48.0/94.0 (Ind/Inf) 0.12M /0.91M (Ind/Inf) 0.94M /20M (Ind/Inf)

* - All Quoted Reserves and Resources in this table are NI43-101 compliant . Quoted Reserves and Resources are recent published estimates and are not necessarily indicative of mineralization on the OK2 properties.

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Kinskuch Claims Kinskuch Drilling History

Visible Gold

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Drill Log Hole BB03-02

• 13 holes drilled on the property since 2003
• Only drill hole Canadian Empire BB03-02 tested

the mineralized porphyry

• 21m of 0.86% Cu with 0.64 g/t Au and

another 50 m of 0.33% Cu with 0.21 g/t Au

• No follow up drilling in area of porphyry

mineralized intercepts

Kinskuch Drilling History

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Kinskuch Lake Property

Local Physiography

Possible Kinskuch Logistics

• Power to Alice Arm
• Road access from Alice Arm

along Kitsault River

• Potential 6-7 km Tunnel access

from Alice Arm/ Kitsault River Road to Kinskuch Lake Porphyry Target

Tidewater- 6 km

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Notes