EXCLUSIVELY GOLD, EXCLUSIVELY KIRKLAND LAKE FORWARD LOOKING - - PowerPoint PPT Presentation
EXCLUSIVELY GOLD, EXCLUSIVELY KIRKLAND LAKE FORWARD LOOKING - - PowerPoint PPT Presentation
EXCLUSIVELY GOLD, EXCLUSIVELY KIRKLAND LAKE FORWARD LOOKING STATEMENTS We are in the mineral exploration and development business. It is inherently risky, and all potential investors should be keenly aware of this. This presentation contains
FORWARD LOOKING STATEMENTS
We are in the mineral exploration and development business. It is inherently risky, and all potential investors should be keenly aware of this. This presentation contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that Orefinders Inc. believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Orefinders Inc.’s ability to control or predict, that may cause the actual results of the project to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among
- ther things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be
consistent with Orefinders Inc.’s expectations, changes in world gold markets and other risks disclosed to the Canadian provincial securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Orefinders Inc. disclaims any intent or obligation to update any forward-looking statement. All currency numbers are in $CAD unless otherwise stated.
Orefinders treats all technical reports, NI 43-101 or otherwise, as historical in nature unless is it is commissioned and overseen by Orefinders.
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OREFINDERS’ KIRKLAND LAKE FOCUS
OMEGA PROPERTY Orefinders Resources 3
KIRKLAND LAKE CONSOLIDATION
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KIRKLAND LAKE PORTFOLIO: ~1 MILLION OUNCES
Omega Project
Indicated: 219.8 Koz @ 1.39 gpt Inferred: 365.4 Koz @ 2.43 gpt
Distance to McGarry: 5KM
Orefinders owns +22% of Mistango River Resources
Mirado Project
2013 Resource Estimate
Inferred: 442.0 Koz @ 1.29 gpt
Distance to McGarry: 15KM
Larder Lake Virginiatown
McGarry Project
Indicated: 123 Koz @ 8.57 gpt Inferred: 30 Koz @ 5.83 gpt
Current Infrastructure
Head Frame, Hoist, Shaft, Power Station, Core Facility, Tailings Facility
Vision
Centralized Mill to Process Ore from McGarry, Barber Larder, Omega, Mirado
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KIRKLAND WEST: KNIGHT PROJECT
Juby Resource Estimate Indicated: 26,600,000 tonnes @ 1.28 gpt gold Inferred: 96,200,000 tonnes @ 0.94 gpt gold Total ounces: 4.0 million
Knight Project Summary
- Minto, a high-grade gold in breccia pipe
- 18.2 gpt gold over 65.7m
- 13.3 gpt gold over 82.5m
- Tyranite, a past producer with significant
infrastructure in place
- Porphyry Lake, with similar geology to that
- f Minto and Juby
- Duggan, with similar geological setting as
Tyranite—high-grade, with open pit potential
Sudbury 120km Kirkland Lake 75km 6
UPCOMING CATALYSTS
Exploration Catalysts
Corporate Catalysts
Knight Project Q4 2019: Minto-style High Grade Breccia Pipe Exploration Q4 2019: Resampling of 31km of Historical Core Q1 2020: Knight NI 43-101 Maiden Resource McGarry Project Q4 2019: Fall 2019 Exploration – New Zones Pacific Precious – Spin Off IPO Q4 2019: Maiden 43-101 Report Q1 2020: Going-public transaction (spin-off like PORE) and dividend to ORX shareholders
*Click on Catalyst for additional detail as per initial news release
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KNIGHT – EXPLORATION CATALYSTS
- 1. Maiden NI 43-101 Resource Estimate
- 31,900 metres of drill core represents ~$5 million worth of drilling.
Orefinders’ resampling program can validate the core for less than 2% of the cost of drilling this many metres.
- 2. New High Grade Breccia Pipe Targets
- Geophysics has identified a magnetic anomaly corresponding to the high
grade Minto breccia pipe, which also correlates with an arsenic anomaly
- +20 similar magnetic/arsenic anomalies exist which have been sampled for
potential to be another high-grade Minto-like Breccia pipe
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KNIGHT: HIGH-GRADE DRILL RESULTS
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Gold Grade (gpt) Length (metres) Zone 18.2 65.7 Minto 13.3 82.5 Minto 7.5 79.9 Minto 16.5 33.4 Minto 10.0 14.6 Tyranite 8.8 8.9 Tyranite 2.1 49.9 Duggan 2.1 32.0 Duggan
MCGARRY: FALL 2019 SAMPLING PROGRAM
- Focused on Splay faults from Cadillac-Larder Lake Break
- Exploration and Sampling at Mill Zone and Arjon Zone
- Similar host as Macassa’s South-Mine Complex (Kirkland Lake Gold)
- Kir Vit Fault, a splay extending from Upper Beaver through Gatling
Exploration’s Larder Lake project potentially extends on to McGarry’s Arjon Zone
- Fall 2019 Sampling Program Results expected Q4 2019
- Sampling Results include: 10.63 gpt, 4.97 gpt, 2.51 gpt, 1.33 gpt
- Notable mineralized samples collected ~750m west of Kerr Addison
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NOTABLE SAMPLES NEAR KERR ADDISON
N Kerr Addison 12 Million Ounces of Gold Produced 0.82 gpt 1.34 gpt 2.51 gpt 10.63 gpt 4.97 gpt 2.77 gpt
0.33 gpt 0.16 gpt
McGarry Project
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Strategic Investments
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MISTANGO RIVER RESOURCES (MIS: CSE)
Orefinders Owns 22% of Mistango River Resources
- Mistango’s Omega Project: 585,000 ounces near surface on the Cadillac-Larder
Lake Break – located between Orefinders Mirado and McGarry
- Orefinders’ management comprise Mistango Board of Directors
- Omega neighbouring Agnico Eagle, Gatling Exploration, Kirkland Lake Gold
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PACIFIC PRECIOUS
- Pacific Precious will be spun off from Orefinders in early 2020 in a going public transaction
- Orefinders Plans to dividend out shares of Pacific Precious directly to Orefinders shareholders
- Pacific Precious milestones:
- Initial Sampling Program
Complete
- Summer 2019 Exploration Program
Complete
- Completion of Maiden NI 43-101 Report
Complete
- Audit
Underway
- Going Public/Spin Out/Dividend to ORX Shareholders
Q1 2020
Orefinders Owns 31% of Pacific Precious
Trenching 28.6 gpt gold over 1.5 metres 1.56 gpt gold over 7.0 metres 4.53 gpt gold over 1.5 metres Surface Sampling 238.0 gpt gold 43.6 gpt gold 41.0 gpt gold 31.6 gpt gold 29.9 gpt gold
Results to Date:
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ARTISANAL MINING ALONG GOLD CORRIDOR
Artisanal miners currently still panning for alluvial gold along the Gold Enriched Corridor
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ARTISANAL MINING ALONG GOLD CORRIDOR
Pacific Precious: Artisanal miners currently still panning for alluvial gold along the Gold Enriched Corridor
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POWER ORE INC. (PORE : TSXV)
Orefinders Owns 14% of Power Ore
- Opemiska Copper Complex: High grade, open pitable copper in Chibougamau, Quebec
- Power Ore Milestones:
- Springer 2019 Drill Program
Complete
- Results and Compilation of 2019 Drill Program
Complete
- Completion of Perry Geological Model & Drill Target Definition
In-progress
- Drilling at Perry & Springer
Q1/Q2 2020
- Maiden 43-101 Resource
Q1/Q2 2020
Drill Results to Date:
High Grade
32.34% Copper Equivalent over 0.9 metres 21.83% Copper Equivalent over 1.9 metres 8.96% Copper Equivalent over 7.5 metres
Long Intervals
74 metres grading 2.54% Copper Equivalent 162 metres grading 1.01% Copper Equivalent 81 metres grading 0.72% Copper Equivalent 52.4 metres grading 1.85% Copper Equivalent
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17% COPPER + 1.7 g/t GOLD over 3 METRES
Diamond Drill Hole: OP-2010-19
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OREFINDERS CORE MANAGEMENT TEAM
Stephen Stewart, M.Sc., MBA – CEO and Director
Stephen has over 15 years of experience in the resource and finance industries where he has evaluated and raised capital for natural resource
- projects. His focus has been on the acquisition, exploration and development of resource assets and has served as a senior officer with TSX
Venture companies.
Alex Stewart, J.D. –Chairman and Director
Alex has over 40 years of experience in the practice of securities law and natural resource investment. In the past he was the founder behind a number of mining projects including the Cote Lake Project and the Eagle One deposit. He holds a Bachelor of Arts from the Western University, a Juris Doctor from the University of Toronto Law School and a Diploma, LCE, from the University of Madrid.
Charles Beaudry, M.Sc., P .Geo – VP Exploration and Director
Charles is a professional geologist with more than 35 years of experience in mineral exploration and project development of precious and base metal deposits across the globe. Charles spent 17 years with Noranda-Falconbridge-Xstrata as well as a tenure with IAMGOLD as General Manager of New Business Opportunities.
Gautam Narayanan, M.Sc. MBA, Corporate Development Manager
Gautam’s previous experience spurs from the Capital Markets, where he served as an equity research associate covering Base and Precious Metals at Canaccord Genuity, and prior to that, as a consultant focusing on natural resource investments--primarily covering the global phosphate and potash industry.
Antoine Schwartzman M.Sc., - Geology Manager
Project Geologist who joined our team in June 2018. Mr. Schwartzmann is responsible for the data management, modeling and targeting of
- ur projects working directly with the VP of exploration
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CONTACT US Stephen Stewart
Chief Executive Officer Orefinders Inc.
sstewart@orefinders.ca
416.644.1567
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KNIGHT PROJECT 3D MODELS
TYRANITE DEPOSIT MINTO DEPOSIT DUGGAN DEPOSIT PORPHYRY LAKE DEPOSIT
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