Copper Lake Resources Ontarios Next Copper Discovery - - PowerPoint PPT Presentation

▶
copper lake resources
SMART_READER_LITE
LIVE PREVIEW

Copper Lake Resources Ontarios Next Copper Discovery - - PowerPoint PPT Presentation

Nov 10, 2022 497 likes •757 views

Copper Lake Resources Ontarios Next Copper Discovery Copper-Gold-Zinc-Silver VMS Camp December 2017 www.copperlakeresources.com TSX-V: CPL Disclaimer Cautionary Statement These presentation materials include certain statements which may

slide-1
SLIDE 1

Copper Lake Resources

Ontario’s Next Copper Discovery

Copper-Gold-Zinc-Silver VMS Camp December 2017 www.copperlakeresources.com

TSX-V: CPL

slide-2
SLIDE 2

Disclaimer Cautionary Statement

These presentation materials include certain statements which may be deemed to be “Forward looking statements.” All statements, other than statements of historical facts, that address such matters as future exploration, drilling exploration, activities, potential mineralization and resources and events or developments that the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward looking statements include market prices, exploitation and exploration success, continued availability of capital and financing, and assume no obligation to update or revise forward looking statements as results of new information to reflect actual results, future events or

  • therwise. Any forward looking statements are expressly qualified in their entirety in

this cautionary statement. This is not to be construed as an offer to buy or sell securities of Copper Lake Resources Ltd.

TSX-V: CPL

slide-3
SLIDE 3

Creating Shareholder Value

  • Focus on the Marshall Lake Copper-Zinc-Gold Property
  • Consolidate ownership now 68.75% (option to 87.5%)
  • Value unlocked by collating and integrating historic data
  • Created data driven exploration model
  • Six VMS targets identified in the core area, three of which are drill-ready
  • Excellent road and rail access plus established infrastructure
  • Other assets include Cu-Ni-Co and high grade gold properties

TSX-V: CPL

slide-4
SLIDE 4

Shares Issued 104,156,782

  • Options @ $0.05 5,600,000
  • Convertibles @ $0.10 1,125,000
  • Warrants @ $0.05 6,875,000
  • Warrants @ $0.055 4,570,364
  • Warrants @ $0.15 4,673,662
  • Share price $0.05

Capital Structure December 2017 TSX-V : CPL

Significant Shareholders

  • Dundee Resources Limited

6.0%

  • Goodman Investment Counsel

6.0%

  • Paul Mcgroary

12.7%

  • Edward Yurkowski

9.0%

TSX-V: CPL

slide-5
SLIDE 5

Marshall Lake VMS Copper Gold Camp

  • Large Copper-Gold-Zinc-Silver VMS Camp
  • Thunder Bay, NW Ontario off Highway 11
  • Significant drilled mineralization in a number of Copper stringer zones
  • Main Billiton Zone Non 43-101 Resource of 1.2Mt @ 0.82% Cu, 2.71% Zn,

60.36g/t Ag, 0.20g/t Au (A.S. Bayne, 1970)

  • Non 43-101 Resource at Teck Hill of 479,300t @ 1.04% Cu
  • Prior focus on significant copper-zinc mineralization meant gold was neglected
  • Located in the greenstone belt between the Premier-Centerra and the new

Landore gold discoveries TSX-V: CPL

slide-6
SLIDE 6
  • 68.75% project ownership and nearing 75%
  • Option to earn up to 87.5%
  • Numerous copper rich stringer targets located at

surface and in drilling

  • High grade copper stringer intercepts in drilling
  • 22km north of CN rail, 310km from Thunder Bay
  • Truck accessible year round
  • +400 historical holes

Marshall Lake VMS Advanced Copper Gold Project

slide-7
SLIDE 7

Zone Target Depth Metres % Cu (% Zn) g/t Ag (g/t Au) Main #1 36.8m 10.1m 1.25% Cu, 1.1% Zn 56.1 g/t Ag, 0.16 Au Main #1 28.0m 9.7m 1.19% Cu, 3.22% Zn 79.5g/t Ag, 0.20 Au Gazooma #2 7.0m 28.0m 1.14% Cu 22.5g/t Ag, 0.17 Au Gazooma #2 3.0m 27.1m 2.03% Cu 37.9g/t Ag, 0.31 Au Gazooma #2 2.0m 28.7m 1.30% Cu 24.7g/t Ag, 0.29 Au Gazooma #2 23.9m 14.8m 2.46% Cu 47.6g/t Ag, 0.34 Au Gazooma #2 1.5m 21.3m 0.83% Cu 15.7g/t Ag, 0.12 Au Teck Hill #3 52.0m 44.5m 0.93% Cu 10.1g/t Ag Teck Hill #3 56.3m 27.8m 0.52% Cu

  • RM

#4 70.0m 24.0m 1.74% Cu 8.9g/t Ag, 0.32 Au RM #4 149m 33.0m 1.53% Cu 6.8g/t Ag, 0.13 Au

Marshall Lake Copper Gold Project Significant Drill Results

RM #4 269m 24.0m 1.01% Cu 4.0g/t Ag, 0.09 Au RM #4 172m 23.0m 1.34% Cu 6.7g/t Ag, 0.29 Au RM #1 144m 43.0m 1.38% Cu 5.4 g/t Ag RM #2 84m 70.0m 0.56% Cu 2.7 g/t Ag

slide-8
SLIDE 8

N

Property Boundary

Main Billiton Zone RM Zone

Jewel Box

Gazooma Zone Cherry Hill Zone

South Billiton 72 Occurrence 66 Occurrence Billiton 2

Teck Hill Zone

Marshall Lake

1 6 2 3 4 5

VTEM Conductors

Marshall Lake: Targets & VTEM Anomalies

Enlarged Map

0 2 4 6km

Felsic Intrusive Felsic Metavolcanic Tuffacious Sandstone Ultramafic intrusive Felsic Sill Summit Lake Pluton (Tonalite) Intermediate Metavolcanic Summit Lake Pluton (Marginal) Metasedimentary Clastic Metasedimentary

LEGEND Adnarod

Lin Trend

Mineralized Zones

slide-9
SLIDE 9

Marshall Lake VMS Copper Gold Project Billiton Main Zone

Historical Assays

  • MAR-06-06: 0.35m @ 28.7g/t

Au, 3.43% Cu

  • MAR-06-09: 2.0m @ 2.70g/t

Au, 0.84% Cu

  • MAR-06-06: 0.30m @ 2.15g/t

Au

  • MAR-06-03: 0.75m @ 1.22 g/t

Au, 2.07% Cu

  • Historic Non 43-101

compliant resource of 1.2Mt @ 0.82% Cu, 2.71% Zn, 60.36g/t Ag, 0.20g/t Au TSX-V: CPL

slide-10
SLIDE 10

Marshall Lake VMS Copper Gold Project VTEM-001 Conductor; South Billiton

  • Untested VTEM Modelled Plate
  • Drill Hole MAR-07-11 drilled

above and to side of the VTEM conductor

  • Intersected massive sulphides
  • Returned 10.2m @ 1.25% Cu,

1.04% Zn, & 56g/t Ag

  • Includes 4.0m @ 1.93% Cu
  • Plate open and untested down dip

at South Billiton

  • Shallow: <150m depth
  • Drill ready target
slide-11
SLIDE 11

COPPER LAKE RESOURCES LTD

TSX-V CPL; Frankfurt W01

  • Drilling at Gazooma stopped above

the conductor

  • Hole GAZ-07-10: 4.0m @ 1.73%

Cu, 0.27g/t Au, & 34g/t Ag

  • Hole GAZ-10-15: 3.0m @ 1.88%

Cu, 0.62g/t Au, & 42g/t Ag

  • GAZ-08-12: 10.0m @ 1.18% Cu,

0.26g/t Au, & 28g/t Ag

  • Historic holes were too shallow

and did not target the VTEM mineralized unit

  • Conductor: Open and untested
  • Drill ready target

Marshall Lake VMS Copper Gold Project VTEM-002 Conductor: Gazooma

TSX-V: CPL

slide-12
SLIDE 12

COPPER LAKE RESOURCES LTD

TSX-V CPL; Frankfurt W01

Marshall Lake VMS Copper Gold Project VTEM-003 Conductor; Teck Hill

  • Drilling at Teck Hill intersected

edge of conductor

  • Hole TK-08-09 two zones:
  • 4.25m @ 3.79% Cu, 0.27g/t Au, &

38g/t Ag

  • 4.7m @ 2.34% Cu, 0.11g/t Au, &

25g/t Ag

  • Hole TK-07-02 drilled above plate

hit 0.75m @ 1.20g/t Au, 5.20% Cu

  • Historic holes did not reach the

target mineralized unit

  • Drill-ready target
  • 479,300t @ 1.04% Cu (Historical

resource, Non-43-101) TSX-V: CPL

slide-13
SLIDE 13

Marshall Lake: Newly Defined Gold Mineralization in VMS Systems

TSX-V: CPL

slide-14
SLIDE 14

Marshall Lake Copper Gold Project Gold Rich Zones: Adnarod Zone

  • Mapped over 350m strike length
  • Folded and east plunging
  • Quartz-Sericite alteration
  • Massive Sulphide lenses
  • Plus Billiton 2 Zone: Historic drilling:

1.28m @ 2.06g/t Au, 4.90% Cu

  • Drill results up to 3.81m @ 14.54g/t Au
  • Only tested by 2 drill holes
  • Channel sampling: Up to 0.49g/t Au,

1.62% Cu TSX-V: CPL

slide-15
SLIDE 15

Marshall Lake VMS Copper Gold Project Gold Rich Zones: Lin Structure

  • 1.2km long
  • Quartz-Sericite

alteration, Quartz veins

  • Massive Sulphides
  • Grab samples:

15.35g/t Au, 5.19g/t Au, 4.51g/t Au, 4.12g/t Au, 2.98g/t Au

  • Chip Sampling: Up to

1.05g/t Au, 2.82% Zn TSX-V: CPL

slide-16
SLIDE 16

Norton Lake Magmatic Nickel Copper Cobalt PGM Property

  • Located about 50 km northeast of Fort Hope, Ontario, and about

400 km northeast of Thunder Bay, Ontario, Canada

  • NI43-101 compliant resource
  • Measured & Indicated : 2.26Mt @ 0.67% Ni, 0.61% Cu, 0.03% Co

& 0.46g/t Pd

  • Inferred: 0.20Mt @ 0.66% Ni, 0.59% Cu, 0.59% Co, 0.47g/t Pd
  • Significant extension opportunities
  • Parallel mineralised trend identified

TSX-V: CPL

slide-17
SLIDE 17

Norton Lake Magmatic Ni-Cu-Co-PGM Project

TSX-V: CPL

slide-18
SLIDE 18

Greenstone Belt Gold Properties NW Ontario Low Cost Exploration

  • Patricia and Kenora Districts
  • Good all year round access
  • Ability to achieve 100% earn-in
  • High grade gold vein and banded

iron

  • Intercepts in drill and channel

samples

  • Adit and shaft workings
  • Low cost exploration
  • Additional staking potential

4 High Grade Properties

  • Mine Lake
  • Queen Alexandria
  • Grand Chibougamau
  • Centrefire-Redhat
slide-19
SLIDE 19

NW Ontario Greenbelt Gold Mine Lake Gold Property

Thomas Lake Mine Lake Stewart Contact Zone Mafic Volcs Felsic Volcs Mafic Intrusions Shear Zone 29.0g/t Au 55.6g/t Au 62.8g/t Au Grab samples: g/t Au Channel samples: g/t Au

  • 230km NW of Thunder Bay
  • 3x shear zones
  • 1500m long
  • 50m wide
  • Quartz-Fe CO3 veins
  • Qtz-Ser alteration
  • Channels
  • 1. 3.2m @ 6.90g/t Au
  • 2. 0.5m @ 15.40g/t Au

3.2m@6.90g/t Au 0.5m@15.4g/t Au

slide-20
SLIDE 20

NW Ontario Greenbelt Gold Properties Queen Alexandria Gold Property

  • 47km south of Dryden
  • Quartz veining in chlorite-carbonate alteration, averaging 0.5m

wide has been located within a major NNE-SSW shear zone. The shear was historically mined via the Queen Alexandria shaft (1904) which occurs on the property.

  • Grab sampling of outcrops within a trench located 25m from the

main vein returned gold assays of up to 9.26g/t, 5.05g/t and 14.31g/t

  • Recent grab samples up to 28.8g/t Au, 140.9g/t Au, 340.8 g/t

Au and 89.3g/t Au

  • No recent exploration work
slide-21
SLIDE 21

NW Ontario Greenbelt Gold Properties

Grand Chibougamau Gold Property

  • Located at Kakagi Lake-Rowan Lake Greenstone Belt, 65km SE of

Kenora

  • 2 main gold mineralized zones: the North Zone and Main Zone
  • 1987 drill holes: Main Zone 3.45m @ 5.29g/t Au and 2.78m @

6.22g/t Au

  • Recent grab sampling of the zones returned gold assays of up to

2.40g/t and 6.51g/t from the Main Zone and up to 21.0g/t from the North Zone.

  • No subsequent follow-up has been performed
slide-22
SLIDE 22

NW Ontario Greenbelt Gold Properties Centrefire-Redhat Gold Property

  • Located 40km NE of Dryden within mafic rocks
  • Original target was Redhat VMS by Phelps Dodge 15.2m@0.39% Cu.
  • Follow-up drilling by Abitibi Mining in 2011 of a new zone at Redhat

returned trench channel sample results of 18m @ 1.1g/t Au with drill intercepts of 1.2m @ 9.17g/t Au and 1.5m @ 3.36g/t Au.

  • Prospecting of pyrite zones associated with massive magnetite beds

traced from Redhat and to Centrefire prospect 4km away.

  • Recent grab sampling at the Centrefire zone returned grab assays up

to 23g/t Au

slide-23
SLIDE 23

Directors and Management

Terry MacDonald, CPA, CA, Director and Chief Executive Officer A Chartered Accountant with over 30 years’ experience in financial and resource sectors Gary O’Connor, MAusIMM, Director Co-CEO, Moneta Porcupine Mines Inc. Former Vice-President, Exploration at Dundee Resources Paul Mc Groary, Director Seed investor of Marshall Lake Project and entrepreneur

  • Dr. Jeffrey Malaihollo, FAus IMM, Director

Chairman, Edenville Energy Plc, UK Listed coal producer Edward Yurkowski, Director Founder of Procon Mining and Tunneling Ltd. Lisa Korinek, Chief Financial Officer Wide ranging experience in FMCG sector George Mannard, Chief Geologist Formerly with Moss Lake Gold and Wesdome Gold Robert Middleton, Consulting Geologist

slide-24
SLIDE 24

Contact Information

501 Alliance Avenue, Suite 401 Toronto, ON M6N 2J1 Canada +1-416-5613626 (Canada) +44-7930-568160 (UK) www.copperlakeresources.com Email: info@copperlakeresources.com