SLIDE 1
TSX:KAM
Corporate Presentation November, 2005
SLIDE 2 Introducing Kaminak Gold Corporation
A new precious / base metal exploration company formed by combining the non-diamond rights from several properties owned by the Hunter Exploration Group with gold properties owned by Shear Minerals Ltd. Kaminak Gold Corporation will have complete and free access to proprietary data accumulated through previous diamond exploration programs on these properties, including over 71,000 line kilometers
- f airborne geophysics, 7,500 archived till samples, satellite imagery
and GIS compilations.
SLIDE 3 Corporate Structure
- Spin out of non-diamond rights from Shear Minerals Ltd. and
acquisition of Hunter Exploration Group’s non-diamond assets
- SRM shareholders receive one share of Kaminak for every 5 shares
- f SRM
- Financing for $1.45 Million, including $1.16 Million hard dollars
priced at $0.25 per share and $285K flow-thru dollars priced at $0.35
- 19,702,070 shares outstanding fully-diluted (post-financing).
- Largest share holder is Hunter Exploration Group (3,000,000 units)
- Teck-Cominco Limited participation in financing
SLIDE 4
Share Structure
Shares Issued: 19,702,073 Fully Diluted: 23,757,073 Working Capital: $800,000.00 Fully Diluted Working Capital: $3,000,00.00 Long Term Debt: NIL Warrants Outstanding: (Exp. 11/07) 3,000,000 @ $0.35 Options Outstanding: (Exp. 11/07) 157,800 @ $0.35 ***(Exp. 11/07) 897,200 @ $1.00 or $1.25 ***Priced @ $1.00 in 1st year and @ $1.25 in 2nd year.
SLIDE 5 A Distinct Advantage
- One of the largest land position in Canada for precious and base
metal exploration, including uranium (>15,000,000 acres).
- 10 projects capable of hosting “world class” mineral districts
- Leveraged exploration
- Access to capital
- Track record of success
SLIDE 6 A Unique Opportunity
- Acquisition of high quality data covering prospective gold, base
metal and uranium regions of Canada through innovative exploration agreements.
- Total of >$23,000,000 in third party expenditures
SLIDE 7 Management
- John Robins, P.Geo. President and Director
- Rob Carpenter, Ph.D., P.Geo. VP Exploration and Director
- John Williamson, P. Geol. CFO and Director
- Pamela Strand, M.Sc., P.Geol. Director
- Gerald Proselindis, Director
SLIDE 8 Exploration Strategy
- Joint venture philosophy
- Focus on strategic commodities (gold, nickel, uranium)
- Continue use of leveraged exploration agreements
- 2005 third party exploration expenditures of over $8,000,000
- Minimize our own expenditure commitments
SLIDE 9
Properties
SLIDE 10
Eastern Arctic Properties
SLIDE 11
Churchill Property
SLIDE 12
Churchill Property
SLIDE 13 Churchill Property
- Largest land package devoted to gold and base metal
exploration in Canada (>8.5 million acres).
- Target deposit types include: Au, Ni-Cu-PGE, Olympic Dam Cu-
Au-Fe-oxide and Unconformity Uranium.
- Complete free access to data generated by ongoing diamond
exploration including, 71,000 line km of Mag/EM, satellite imagery, GIS datasets and 9,300 archival till samples.
- Known occurrences on ground include, Happy Lake (Au),
Amarok (Au), MQ claims (Au) and Baker (U-Cu).
SLIDE 14 Churchill Property
New airborne magnetics
Still to come…. 75m spaced airborne EM
New till data
SLIDE 15
Copper-Gold-Uranium Potential (IOCG)
SLIDE 16
Copper-Gold-Uranium Potential (IOCG)
SLIDE 17 Copper-Gold-Uranium Potential (IOCG)
- Over 20 Uranium-Copper-Gold occurrences documented by Pan
Ocean Oil (1969-1976) and Noranda Ltd (1978-1984).
- Many geological similarities with the Beaverlodge Uranium District,
located on the north rim of the Athabasca Basin, Saskatchewan. The Beaverlodge District produced over 31,000,000 kg’s of uranium from 1949 to 1982.
- The overall geological setting suggests a favourable environment for
the discovery of Iron-oxide-copper-gold deposits (IOCG). These criteria include; diatreme breccia hosted Cu-Au-U mineralization, presence of continental alkaline volcanic rocks, and pervasive hematite alteration zones.
SLIDE 18
Matrix and Sy Properties
SLIDE 19
Matrix and Sy Properties
SLIDE 20 Matrix Property
- Newmont Mining Corp can earn up to 70%
interest by spending $14 million in
- exploration. Target is “Witwatersrand-
type” gold mineralization.
- 2004 work program consisted of
prospecting as well as tracing gold zones along strike and at depth using magnetics, radiometrics, electromagnetics and induced polarization.
- Expanded 2005 work program completed
by Newmont.
SLIDE 21
Matrix Property
SLIDE 22 SY Property
- 100% interest in minerals for core part of property (120,000 acres) and 50%
interest in minerals from peripheral portions of property (160,000 acres). Diamonds North Resources owns remaining 50% interest.
- 1985-1987 explored by Homestake Development Corp. for BIF and non-BIF
hosted gold targets. Over 50 km of favourable structures on property.
- Homestake identified showings with up to 43.8 g/t Au and drilled several
- utcropping showings, however only 1% of belt is exposed.
- Shares many geological similarities to Meliadine gold district (>5.0 Moz. Au)
- Project will benefit from data generated by ongoing diamond exploration,
namely regional till sampling and airborne magnetic surveys.
SLIDE 23
Sy Property
Mineralized BIF subcrop Highly deformed BIF
SLIDE 24
IME Properties
SLIDE 25
IME Properties
SLIDE 26 IME Properties
- 100% non-diamond rights to >2 million acres of completely unexplored
Archean and Proterozoic rocks.
- Free access to any data collected during the course of diamond exploration,
including airborne geophysics and archived till samples.
- Target commodities include Au, Ni-Cu-PGE and U.
- 750 tills collected in 2005 (3km square grid) and 850 tills collected in 2004
SLIDE 27
North Slave Properties
SLIDE 28
North Slave Properties
SLIDE 29
North Slave Properties
SLIDE 30 Lach Property
- 100% interest of 110,000 acres straddling the Bathurst Fault Zone (>500km
strike length). Fault zones separate Archean sedimentary rocks from Proterozoic rocks.
- Previous mapping by DIAND and Hunter Exploration recognized the gold
potential of this fault and it’s associated splays. Assays up to 143.0 g/t Au
- btained with significant Cu, Ag, Zn, Bi, Pb, Ni, Co associated with fault
parallel quartz – carbonate veins.
- Cogema Resources (1991-1993) reported that 110 of 650 samples assayed
>1.0 g/t Au with a high of 76.7 g/t Au. Three drill holes (439.9m) returned 0.83 g/t Au over 3.5m).
- 2005 prospecting resulted in the discovery of the Gela Lake gold Zone.
SLIDE 31
Lach Property
SLIDE 32 Bathurst, Needle, BR Properties
- BIF hosted gold prospects strategically located near the proposed Bathurst
Inlet Road and Port Project. Similar examples include, Lupin, George Lake and Goose Lake.
- Bathurst Property: 15 known gold showings with highest grab sample
assaying 167.8 g/t Au. Best drill result is 9.12 g/t Au over 2.85m.
- Needle Property: Best drill intersections include, 9.46 g/t Au over 3.43m and
11.58 g/t Au over 2.02m and 3.42 g/t Au over 8.9m.
- BR Property: Grab samples up to 16.0 g/t Au and chip samples up to 3.4 g/t
Au over 3m. Over 30km of strike potential in BIF and sheared volcanic rocks.
SLIDE 33 Voigtberg Property, Northern B.C.
- Large gold in soil anomaly
300m by 300m
three holes (498 feet each) was 0.278 g/t Au, 0.293 g/t Au and 0.218 g/t Au
- respectively. The final 8 feet
- f the third hole intersected
a high level intrusive porphyry and yielded 2.01 g/t
- Au. No follow-up drilling
was done
- Chargeability anomaly never
tested
SLIDE 34 Nizi Property, Northern B.C.
grade epithermal vein hosted prospect, 80 km northeast of Dease Lake B.C. Sampling in 1971 returned values of 1.2 oz/t Au and 22.3 oz/t Ag over 1.5 meters.
- Work in the early 1990’s by
Gold Fields resulted in the discovery of quartz veins 1-2 meters wide that can persist for several hundred meters. Drill results of 5.68 g/t Au
- ver 13.77m and 27.09 g/t Au
plus 1220.6 g/t Ag over 2.0m.