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TSX-V: SFX
Corporate Presentation
August 2019
SLIDE 2 FORWARD-LOOKING STATEMENTS
This corporate presentation may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results and activities to vary materially from targeted results and planning. Such risks and uncertainties include those described in Sphinx’s periodic reports including the annual report or in the filings made by Sphinx from time to time with securities regulatory authorities. All forward-looking statements in this corporate presentation are made as of the date of this presentation. Sphinx does not undertake to update any such forward- looking statements whether as a result of new information, future events or
- therwise, except as required by law.
The technical information contained in this presentation has been reviewed and approved by François Biron, Eng., Michel Gauthier, PhD., FSEG, PGeo., and Jean Laforest, Eng., directors of Sphinx, qualified persons for the purposes of National Instrument 43-101, Standards of Disclosure for Mineral Projects.
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SUMMARY
TSX-V listed (ticker SFX) exploration company Deals made with strong partner: SOQUEM
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Focused on precious& base metals in southwestern Quebec Michel Gauthier & Jean Laforest: mine finder and award winning project generator in Quebec Project generator business model key to maximizing long term shareholder value
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OWNERSHIP
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Shares outstanding Stock options Warrants Agent options 126 M 5 M 31M 1 M Fully diluted 163 M Management, Board 13 % Quebec institutions 25 % Top 100 shareholders 94% of shares Key suppliers and Pontiac area shareholders 4%
SLIDE 5 TEAM: Management, Directors, Advisors
Jeremie Ryan
President, Chief Executive Officer and Director
Lawrence Cannon, C.P., B.A., M.A.A.
Chairman of the Board Born in Québec and resident of Gatineau Long history of public service at the municipal, provincial and federal levels including Canadian Ambassador to France Served on Board of directors and as government affairs executive for many
Michel Gauthier, Ph.D., FSEG, PGeo.
Director
44 years of experience Professor of mineral prospecting at l’Université du Québec in Montréal Co-baptized a gold prospect, named Éléonore, in the Eeyou Istchee James Bay territory
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Resident of the Pontiac 35 years of experience in the natural resources sector Owned and operated local businesses Involved with several non-profit and community organizations
Jean Laforest, Eng.
Director
32 years of experience Geological consultancy provider and private exploration company Attributed in 2017 the Nicolas Denys medal from the AEMQ which recognizes the career
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TEAM: Management, Directors, Advisors (cont’d)
François Biron, Eng.
Director More than 40 years of experience in project evaluations and operations management Considerable experience with environmental issues and social acceptability of mining projects
Ingrid Martin, CPA, CA
Chief Financial Officer Over 25 years of experience in accounting and finance of public companies and since 2004 involved with several mineral exploration companies including Midland Exploration
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Michel Lemieux, B. Sc., RI
Director More than 24 years of significant experience in organizational development to elaborate and deploy management and support strategies and programs across a range of manufacturing and service companies
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STRATEGY and Focus
Maximize deal flow with strategic partners Generate quality projects with:
Precious and base metals Good social acceptability Low cost exploration through a focus on drilling and leveraging strategic partnerships
Maintain a diverse portfolio with projects:
In different high grade metamorphic terranes of different levels of advancement
Concentrate on southwestern Quebec
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SUCCESSFUL Project Generator
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Social acceptability Ground access
Project generation Deal flow with strategic partners
Base and precious metals potential
HIGH GRADE METAMORPHIC TERRANES
LONG-TERM SHAREHOLDER VALUE
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WHY QUEBEC?
Quebec: 4th rank on worldwide investment attractiveness index Fraser Institute - Survey of mining companies 2018 Significant tax advantages (tax credit and low after-tax cost for flow-through shares) Sphinx’s team has considerable experience in Quebec
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2013 to 2019 Deals include:
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SOQUEM
(50% joint venture) Quebec’s exploration agency, 50 years, 350 projects, 8 mines Calumet-Sud: Zinc
Gardin/Tranchemontagne - Michel Gauthier
(100% Sphinx) Calumet-Nord: Gold-silver-copper Calumet-Sud, Tessouat: Zinc GPd: Palladium Patrie & Soufflot: Gold
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ZIAC DISTRICT
Corridor defined by zinc bearing rocks and containing gold-silver-copper mineralization $2.5 M invested in the ground since 2014 Similar to Balmat-Edwards- Pierrepont zinc district, USA, large Cannington silver-lead- gold mine, Australia Projects within the Ziac (117 km2)
Gold-silver-copper Calumet-Nord (25 km2) 100% Sphinx Palladium GPd (41 km2) - 100% Sphinx Zinc Calumet-Sud (12 km2) 50% Sphinx, 50% SOQUEM Tessouat (13 km2) 100% Sphinx Tessouat-Sud (22 km2) 100% Sphinx Obwondiag (14 km2) 100% Sphinx
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SOUTHWESTERN QUEBEC PROJECTS – PONTIAC MRC
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CALUMET-SUD - Zinc Project
50-50% joint venture with SOQUEM, 2% NSR to Gardin Stratiform, shallow-dipping and near-surface horizon over 1,500 m strike length, adjacent to New Calumet Mines Channel sample composites 22.1% Zn over 1.0 m incl. 6.6% Zn over 5.0 m 8.1% Zn over 1.5 m 6.7% Zn over 1.0 m 3.3% Zn over 4.0 m 3.2% Zn over 6.0 m 53 holes drilled to date 12.8% zinc over 1.0 m within 2.2% zinc over 10 m 13.1% zinc over 1.0 m within 3.8% zinc over 5.0 m 9.0% zinc over 1.0 m within 3.1% zinc over 6.4 m 6.6% zinc over 1.4 m within 3.0% zinc over 6.8 m
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Review results and drill eastern extensions of mineralized – Q4 2019
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SPHALERITE Bands
Sphalerite bands
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CALUMET-NORD – Gold-silver-copper project
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GPd – Palladium project
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SOUTHERN ABITIBI-TÉMISCAMINGUE– PATRIE AND SOUFFLOT - Gold projects
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VALUE DRIVERS
Q4 2019 – Q1 2020
Soil sampling, geophysics and drill
Calumet-Nord
Drill and establish extensions
Calumet-Sud
Define targets and drill
Patrie and Soufflot (soil sampling and drill) Tessouat (trench and drill) Obwondiag and Tessouat-Sud (soil sampling)
Five-Year Plan
Advance projects with strong partners that are socially acceptable with year-round access Make one or more mine discoveries Create significant shareholder value
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Identify partner to drill GPd
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SPHINX RESOURCES LTD. 1000 De La Gauchetière, Suite 2100, Montréal, QC H3B 4W5 Jeremie Ryan, President, CEO and Director T: 1 514 664-2632 sphinxresources.ca
