DIS ISTRICT SCALE, HIG IGH-GRADE GOLD PROJECTS IN NEWFOUNDLAND - - PowerPoint PPT Presentation

DIS ISTRICT SCALE, HIG IGH-GRADE GOLD PROJECTS IN NEWFOUNDLAND

Sep September r 202 020 CSE: RNR www.e .explo loits ts.g .gold

CSE : RNR R Investors are cautioned that, except for statements of historical fact, certain information contained in this document includes “forward-looking information”, with respect to a performance expectation for Exploits Discovery Corp. Such forward-looking statements are based on current expectations, estimates and projections formulated using assumptions believed to be reasonable and involving a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. Such factors include, without limitation, fluctuations in foreign exchange markets, the price of commodities in both the cash market and futures market, changes in legislation, taxation, controls and regulations of national and local governments and political and economic developments in Canada and other countries where Exploits Discovery Corp. carries-out or may carry-out business in the future, the availability of future business opportunities and the ability to successfully integrate acquisitions or

• perational difficulties related to technical activities of mining and reclamation, the speculative nature of exploration and

development of mineral deposits located, including risks in obtaining necessary licenses and permits, reducing the quantity or grade of reserves, adverse changes in credit ratings, and the challenge of title. The Company does not undertake an obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Ian Herbranson P.Geo., an officer of Exploits Discovery Corp., is a registered professional geoscientist as defined by National Instrument 43-101. Mr. Herbranson has reviewed and approved the technical portion of this corporate presentation. 2

CAUTIONARY NOTES

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INVESTMENT HIG IGHLIG IGHTS

Co Commanding Lan Land Po Posi sition:

• 100% ownership of a 1,737.50 km2 land position in the Exploits Subzone which hosts significant gold deposits in

Newfoundland and Labrador Pro Proven Ex Expl ploration Mode del:

• Exploration model comparable to Kirkland Lake Gold’s Fosterville Mine model which contains high-grade structurally

hosted epizonal gold Hi High-Grade Sam Samples:

• High-grade gold in outcrop up to 164 g/t Au, float boulders with visible gold up to 700 g/t Au, and till samples on the

property up to 27,000 ppb Au (Keats, 2004)

• Out of 13 till samples taken in 2004, grades ranged from 820 ppb Au to 27,000 ppb Au

Pro Prospective Geophysi sical Si Signatures:

• Magnetic and Very Low Frequency (VLF) geophysical surveys on the property indicate numerous prospective

structures St Strong Management Te Team am:

• Extensive experience with epizonal gold and dedicated to exploration across Newfoundland
• Proven track record of increasing asset value

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PROJECT OVERVIEW

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• Exploits Discovery Corp. holds 100% interest in four exceptional gold

projects with geological, geochemical and structural settings comparable to New Found Gold’s Queensway discovery (DDH 19m at 92.86 g/t Au)

• Newly acquired Jonathan’s Pond and Mt. Peyton projects host anomalies

that predate New Found Gold’s discovery

• Exploits Discovery Corp. maintains the largest land package in

Newfoundland

• Modern exploration techniques applied to the property presents the
• pportunity for significant new discoveries
• New geological theories suggest that untested historical gold
• ccurrences on the property are controlled by secondary and tertiary

structures of the Exploits Subzone, which could lead to discovery

• This is the technique that drove the discovery of New Found Gold’s

Queensway discovery

• The Exploits Subzone is potentially one of the worlds last easily accessible

district scale gold camps

• Properties are accessible by the Trans Canada Highway

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EXPLOIT ITS SUBZONE

What Make kes the the Ex Explo loits Sub Subzone a Pri rime Ta Target for for Gold

• ld Discovery?
• The Exploits Subzone is a prime environment for true discovery in
• ne of the last easily accessible gold exploration districts in the

world

• Prominent regional thrust faulting shows evidence of long tectonic

history and fluid migration

• Trans-compressional strike-slip movement in the regional

siliciclastic units underlain by mixed mafic volcanics of the Gander River Ultramafic Belt (GRUB) creates a highly prospective gold environment, exemplified by the Bendigo gold deposit in Victoria (Australia), and Meguma gold deposits (Nova Scotia) displaying similar structural and geological controls

• Abundant reactivation features such as sericite seams, iron-rich

carbonate hydrothermal alteration and quartz-carbonate veinlets (historically structurally hosted gold was not adequately tested in the area)

EX EXPLOIT ITS SU SUBZONE

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REGIONAL FOOTPRINT

Ex Explo loit its Discovery y Corp

• rp.

. maintain ins the the largest land packa kage in the the Ex Explo loits Su Subzone wit ith 10 100% ow

• wnership

ip in the the foll following pro roje jects:

Wo Worl rld clas lass min minin ing jur urisdiction: :

• Surrounding New Found Gold’s (TSX.V.NFG) Queensway project -$25

250M market ca cap

• Northeast of Marathon Gold’s (TSX.MOZ) Valentine Lake Deposit - $50

500M market ca cap

• East of Sokoman Mineral’s (TSX.V.SIC) Moosehead Gold Project - $16.5M market ca

cap

• East of Labrador Gold’s Kingsway Project - $37M

7M market cap cap

• contiguous with Altius Minerals’ Golden Baie Project (TSX. ALS) – $457

57M market ca cap

• All projects are road accessible and have excellent access to infrastructure and provincial grid

power

• Key shareholders and stakeholders are local and have a proven track record of historical

discovery

• Newfoundland provides exploration incentive rebates of 75% for up to $150,000 on new

projects Middle Ridge 395.50 km² True Grit 246.00 km² Gazeebow 24.50 km² Dog Bay 121.25 km² Great Bend 487.25 km²

• Mt. Peyton

431.25 km² Jonathan’s Pond 31.75 km2

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CAPITAL STRUCTURE Exploits Discovery Corp. is raising of $3, 3,500,000 through the issuance

• f 10 million units at $0.35 with a half warrant at $0.75
• Geochemical sampling
• Soil sampling
• Soil/gas hydrocarbon testing
• Rock Sampling
• Trenching and channel sampling
• Data compilation – regional anomaly

identification

• Working Capital

USE USE OF OF PRO PROCEEDS: Shares Outstanding 43,294,052¹ Warrants 192,500 Options 600,000 Shareholders Crest Resources Inc: 33% NL Prospectors: 17% Others: 50% CA CAPIT ITAL STRUCTURE:

¹ Share count represents the total pre-financing

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PROPERTY HIGHLIGHTS

SO SOUTH GROUP OF F CLA CLAIMS NO NORTH GROUP OF F CLA CLAIM IMS

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PROPERTY HIGHLIGHTS

• Mt. Peyton Project (west group of claims) is located 2 km west of the New Found Gold Corp. discovery and focuses on

the Mt. Peyton Linear and the Queensway style structural targets

• Jonathan's Pond Property (east group of claims) is located 17 km NE of the New Found Gold Corp. discovery along the

Dog Bay Line and is bounded by the same thrust fault to the east & west REG EGIO IONAL OVER ERVIEW

Figure Area

Source: Pollock et al 2007

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Airborne Magnetic (total magnetic field) from Rubicon Minerals Corp 2003.

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PROPERTY HIGHLIGHTS – JONATHAN’S POND

• Historical trenching done by local prospectors revealed visible gold in quartz veins but was never assayed (Keats,

2004)

• Outcrop and float samples with visible gold up to 29

9 g/ g/t Au and 70 700 g/ g/t Au, respectfully, in trenches and till samples up to 27, 7,000 pp ppb b Au on west claims (Keats, 2004)

• Magnetic geophysical signatures outline multiple highly prospective structures beneath overburden

Soil Samples 27,000 ppb Au 4,300 ppb Au 23,000 ppb Au 7,300 ppb Au 4,300 ppb Au 8,200 ppb Au 1,700 ppb Au 1,200 ppb Au 700 g/t Au 56 g/t Au 8 g/t Au

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PROPERTY HIG IGHLIGHTS – MT. . PEYTON PROJECT

• Structurally hosted gold targets around the NW-

SE trending Mt. Peyton Linear (black dotted line

• n map)
• Historic field work defined high-grade

mineralization along the Mt. Peyton Linear with a strike length of over 20km

• High-grade gold in outcrop sampled by previous
• perator contains values up to 164

64 g/ g/t Au (Noranda, 1991)

• Historical drilling in the southernmost claims

yielded 6 g/t Au over 2m near surface (Noranda, 1991)

• As + Sb signatures in in tills correspond with VLF

conductors and are proven to be closely associated with gold mineralization in the area (Rubicon Minerals, 2003)

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PROPERTY HIGHLIGHTS – MID IDDLE RID IDGE

• The Middle Ridge property is located in Central Newfoundland

and consists of 1,582 mineral claims covering approximately 395.5km2

• The property encompasses 80km of the Gander River Ultra

Mafic Belt (GRUB) offset regional structure, which is thought to be very important in the mobilization and concentration of gold mineralization in the area

• Gold deposition in the Exploits Subzone is found in secondary

and tertiary structures crosscutting siliciclastic sediments bounded by the GRUB line

• Magnetic and electromagnetic surveys defined discrete

conductive zones within secondary and tertiary structures that warrant further exploration

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PROPERTY HIGHLIGHTS – TRUE GRIT IT

• The True Grit property is accusable by the bay d’Espoir

Highway and located in south central Newfoundland

• The property hosts diamond drilling intercepts of up to

117m of 0.60 g/t Au, including 26m of 0.83 g/t Au from surface (Moydow Mines, 2002), channel samples of 15.6 g/t Au over 1.0m (Teck, 1990) and grab samples of 30.2 g/t Au (Teck, 1990)

• The property hosts geophysical anomalies coincident with

Au-Sb-As soil anomalies which measure over 2.6km by 0.80km

• New structural model focusing on epizonal orogenic gold

within the secondary and tertiary structures stemming along the GRUB line provides a pathway to discovery for new gold deposits and reinterpretations of historically conducted work

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PROPERTY HIGHLIGHTS – GREAT BEND

• The Great Bend Property consist of 1,536 mineral claims

encompassing a land area of 487.25km2

• Located within the Dunnage zone on the southwest

extension of magnetic anomalies that are associated with gold mineralization

• Limited historical drilling on the property consisted of only

2,124m and included 0.22m at 0.6% Zn, 1.0% Pb, 0.24% Cu, and 110 g/t Au (Rio Algom Exploration Inc., 1988)

• Historical drilling on mineral claims surrounded by the

property display different deposit styles and include drill intercepts of up to 103.5m at 0.67 g/t Au and 35.0m at 2.21 g/t Au, as well as a Non 43-101 compliant Indicated and Inferred resource estimate of 564,400 ounces Au at a 0.30 g/t Au cut-

• ff (Paragon Minerals, 2007 & 2010)
• The Davidsville Group portion of the property has not been

drilled and has the potential to contain structurally hosted,

• rogenic gold

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PROPERTY HIGHLIGHTS – GAZEEBOW

• The Gazeebow Property consists of 98 mineral claims

encompassing a land area of 24.5km2

• Contains a significant untested gold occurrence as well as

prominent secondary structures trending sub-parallel to the Gander River Ultramafic Belt (GRUB)

• The Property hosts the Georges Point gold showing which is a

3m wide quartz vein that was traced for 250m with grab samples of 0.96 g/t Au (Mineral Inventory # 002E/01/Au 003)

• The Property is bounded to the east by the Gander River

Ultramafic ophiolite sequence, which is believed to be a major conduit for mobilization of metals in the area

• The property contains several sub- parallel secondary structures

providing void spaces for gold mineralization to occur

• Compilation of historic data has provided the company with

high priority targets for further sampling and trenching on the significantly underexplored property

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PROPERTY HIGHLIGHTS – DOG BAY

• Located within the Exploits Subzone in prospective siliciclastic

sediments and along the northern extent of the Dog Bay Line and Appleton Linear Fault zones, which are associated with gold mineralization in the area

• Shallow historical drilling on the property consisted of only 1,559m

and returned values of up to 3.35m at 10.22 g/t Au, targeting surficial channel sampling intercepts of up to 48.22 g/t Au over 0.80m, 15.25 g/t Au over 3.00m and 9.41 g/t Au over 4.25m (Crosshair Exploration and Mining Corp., 2002-2005)

• Recent prospecting by property Vendors has indicated up to 4km
• f undrilled potential strike length, highlighted by assays of up to

233 g/t Au in subcrop and soil samples up to 624 ppb Au

• The exploration completed by the Vendors of the Dog Bay

properties has delivered results pegging the project as what Mariner considers to be an "advanced early stage prospect" with trenching and targets that are considered "drill ready"

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EPIZ IZONAL STYLE GOLD COMPARABLES

Exploits Discovery Corp.’s projects share the same Epizonal style gold deposits as successful discove verie ies in clos

• se ge

geogra raphic ic prox roxim imity

Left, core from the Keats zone, Queensway gold project; right, core from the Eagle zone, Fosterville mine. Comparison of intense quartz stock work with relict black shale fragments from each deposit. Specks of visible gold are present in quartz veins and their

• selvages. Gray patches contain fine grained antimony

sulfides, boulangerite on left and stibnite on right. (New Found Gold Corp, 2020) 17 17

As of August 31, 2020

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PLANNED 2020/2021 EXPLORATION BUDGET

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MANAGEMENT & DIR IRECTORS

Michael Collins, P.Geo, Chief Executive Officer, Director

• Mr. Collins has an exceptional skill set in project development and analysis

which is supported by a wide industry network. Through his work as a geologist and running a mining engineering office in Vancouver he has developed an understanding of numerous mineral camps and deposit types around the world. His experience steps beyond mineral deposits with a breath of experience in the feasibility process and the pitfalls of project construction and optimization. With over 14 years as an office and director

• f public companies, Michael understands intricacies of building corporate

structure, marketing and value accretion. Michael graduated with a BSc. Honour from Dalhousie University in 1996 and is an accredited P.Geo. With EGBC.

Justin Bourassa, Chief Financial Officer, Director

Justin Bourassa is an independent consultant and entrepreneur with more than fourteen years of global experience in the management, development, governance and reporting of private and publicly listed mineral exploration companies. Mr. Bourassa has been the CFO of Altiplano Metals since 2013, Camino Minerals since 2018 and of Benchmark Metals from 2013 until 2017. He is a founding principal of Metals Group Inc., a private company which provides management and marketing services to a group of public companies.

John Williamson, Director

John Williamson is an entrepreneur with more than 30 years of global experience, including 22 in the management, development and governance

• f public companies conducting worldwide mineral exploration and mining.

He has served as a founder, chairman, president, CEO, CFRO and director of

• ver 20 publicly listed companies. John Williamson is current the CEO and

Chairman of Benchmark Metals (TSX.V: BNCH).

Christopher Huggins, Director

• Mr. Huggins has experience with grassroots exploration geology, mining

and construction, and technology industries providing a broad range of insights to the company. Following a Bachelor of Science in Honours Geology from the University of British Columbia, Mr. Huggins began his career as an exploration geologist with Homestake Mining in regional exploration around Eskay Creek, Snip and Stewart camps, and including project evaluations and large-scale geological and structural mapping in northern Chile. His involvement over the past 10 years in project feasibility, financing and development of creative capital equipment packages has provided mining projects and operating mines with unique opportunities to drive efficiency and manage operational risk.

Fred Tejada, Director

• Mr. Tejada is a professional geologist, registered in British Columbia. Mr.

Tejada has 35 years of international mineral industry experience and has a proven track record, working with both major and junior mining and exploration focused organizations. Mr. Tejada was Country Manager for Phelps Dodge Exploration Corporation in the Philippines with responsibility over corporate and technical matters, development of exploration strategy and acquisitions. Mr. Tejada is CEO and Director of European Electric Metals, and previously held the position of Vice President for Exploration of Panoro Minerals Ltd., where he directed the resource definition drilling of its two major copper projects in Peru. Fred is also a director of Westminster Resources.

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ADVISORY BOARD

David Gower

• Mr. Gower has been involved in the mineral industry for over 30 years,

including positions with Falconbridge Ltd. and Noranda Inc. (now Glencore Canada Corp.). He was manager of Atlantic Canada exploration for Noranda, including major programs in Newfoundland that resulted in the initial gold discoveries there in the 1980s. While at Falconbridge, he was general manager of global nickel and platinum group metal exploration and a member of the senior operating team that approved capital budgets for new mining projects. Mr. Gower has been involved in numerous discoveries and mine development projects, including at Raglan, Matagami and Sudbury, Canada, as well as greenfield discoveries in Brazil and Tanzania.. He is a director of Alamos Gold and the chief executive officer of Emerita Resources.

David Shaw, PhD

• Dr. Shaw's working career, both as a geologist and an analyst, includes

extensive involvement in both the corporate resource and investment banking sectors, focused on metals and hydrocarbons. He is a current director of Cerro de Pasco Resources and Medallion Resources Ltd. and is a former director of First Majestic Silver Corp. (from prior to its first mine coming on stream), Talison Lithium Ltd. (until its purchase by Tianqui Lithium of China) and First Mining Gold (from its initial public listing).

David Groves, PhD

David Groves was educated at Hobart High School and University of Tasmania, completing a PhD on the giant Mt Bischoff tin deposit under the mentorship of Mike Solomon. After a period with the Geological Survey of Tasmania, David was appointed Lecturer in Economic Geology at the University of Western Australia (UWA) in 1972. In 1987, he was awarded a Personal Chair at UWA and formed the Centre for Strategic Mineral Deposits, which morphed into the Centre for Global Metallogeny. He had a very successful academic career in terms of approximately 500 highly-cited published papers and book chapters, many keynote and invited lectures, and mentorship of many

• utstanding postgraduates, He has been President of GSA, SEG and SGA

during his career and represented Australia on UNESCO committees.

David Patterson

For more than 35 years, Mr. Patterson has been involved in the administration and finance of exploration companies based in North

• America. As chairman of Donner Metals, Mr. Patterson was integral in the

financing and exploration of Newfoundland and Labrador's South Voisey's Bay nickel exploration project as well as managing partner relationships with Teck and Falconbridge. In Matagami, Que., Mr. Patterson was responsible for the financing of the exploration and eventual construction of the Bracemac-Macleod zinc mine with industry partner Xstrata. This mine was brought into production on time and on budget in 2013. As a financier of junior exploration companies, Mr. Patterson has helped to raise in excess of $500-million during his career.

• Mr. Patterson is the co-founder of the Vested website, the most

successful start-up equity crowdfunding portal in Canada. The Vested website has successfully completed 50 crowdfunding campaigns, with 15 companies presently public or in the process of going public since the company's inception. Mr. Patterson holds a master of business administration from Simon Fraser University (1991).

Andrew Lee Smith

• Mr. Smith is a professional geologist who has over 30 years of experience

successfully exploring, developing and operating African and North American base metal and precious metal mining projects. Mr. Smith holds an honours BSc in Earth sciences from the University of Waterloo and is a member of the Association of Professional Engineers and Geoscientists of British Columbia. He received the mining entrepreneur

• f the year award in 1994 from the Quebec Prospectors Association for his

role in the development of the Beaufor and Sleeping Giant mines and was named outstanding alumnus of 2009 by the science faculty of the University of Waterloo for his contributions to mineral exploration. Mr. Smith is a member of the Institute of Corporate Directors and achieved the ICDD accreditation -- the only professional designation for Canadian directors recognized both nationally and internationally.

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WWW.EXPLOITS.GOLD

Contact Michael Collins, CEO Exploits Discovery Corp. 604-681-3170 info@exploits.gold