| February 2020 | bluethundermining.com |
| February 2020 | bluethundermining.com | Forward Looking Statements - - PowerPoint PPT Presentation
| February 2020 | bluethundermining.com | Forward Looking Statements - - PowerPoint PPT Presentation
| February 2020 | bluethundermining.com | Forward Looking Statements This document contains forward- looking statements that reflect the companys current expectations regarding future events. To the extent that any statements in this document
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Forward Looking Statements
This document contains forward-looking statements that reflect the company’s current expectations regarding future
- events. To the extent that any statements in this document contain information that is not historical, the statements are
essentially forward-looking and are often identified by works such as as “anticipates”, “intends”, “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates”, “targets”, or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, events
- r results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. Forward looking statements
involve risks, uncertainties and other factors that could cause results to differ materially from those expressed or implied by such forward-looking statements. There are many factors that could cause such differences, particularly: volatility and sensitivity to market metal process; impact of change in foreign currency exchange rates and interest rates; imprecision in reserve estimates; environmental risks including increase regulatory burdens; unexpected geological conditions; adverse mining conditions; changes in government regulations and policies, including laws and policies; failure to obtain necessary permits and approvals from government authorities; and other development and operating risks. Whereas the company believes the assumptions underlying in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, whether or not it should be revised because of new information, future events or otherwise, unless required to do so by the applicable securities laws. Qualified Person John Langton, M.Sc., P. Geo., owner of JPL Geoservices, is the Qualified Person under NI 43-101 on standards of disclosure for mineral projects.
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“The Nelligan gold discovery is a potential game changer for the district and will attract attention on our nearby Muus Project Blue Thunder Mining has the right ingredients, in a great location and at the right time to make amazing mineral discoveries. We are very excited and have high expectations.”
– Chad Williams, CEO and Chairman
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GEOLOGICAL HOT SPOT
- Significant amount of recent staking, consolidation, acquisitions and M&A in the Chibougamau District
- Muus Project is proximal to past producers and deposits (Joe Mann, Philibert, Chevrier) and recent exploration
success (Nelligan, Monster Lake)
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Blue Thunder Highlights
QUEBEC AMONG THE BEST JURISDICTIONS
- Quebec rated fourth best mining jurisdiction in the world by the Fraser Institute (2019)
- Excellent access and infrastructure; ~55 km SSW of Chibougamau; good road access; power and rail nearby
LARGE LAND POSTION
- Blue Thunder holds 100% interest in the Muus Project (~48,500 hectares), consisting of three separate blocks;
Muus, Muus East and Nisk
- Very compelling structural setting, covering ~24 km of the Guercheville Deformation Zone, host to many of the
gold deposits in the Chibougamau District
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BLUE THUNDER COMMENCES TRADING ON THE TSX
- Completion of the previously announced amalgamation with CPC Platform Eight Capital Corp.
- Blue Thunder commenced trading on February 14, 2020 (TSX-V:BLUE)
Current Blue Thunder Share Data
(as of February 14, 2020)
TSXV:BLUE
51.84 M shares outstanding 4.85 M options 5.25 M warrants 61.94 M fully diluted
Red Cloud Mining Capital Inc. Board and Management Plethora Private Equity Delbrook Others
35.7% 11.2% 43.5% 5.9%
3.7%
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Principle Shareholders
Muus Project - Location Muus Project - Location Muus Project - Location
Nelligan Monster Lake Fenton Bachelor Lake Windfall Barry Chevrier Joe Mann Phillibert Meston
Well-maintained Forestry Service gravel road provides direct access to property
Chibougamau-Chapais Mining Camp: 3 billion pounds of copper and 4 million ounces of gold produced Chibougamau Chapais Waswanipi
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1 Nelligan NI 43-101 Technical Report, Oct 22, 2019, Prepared for Iamgold Corp and Vanstar Mining Resources
Blue Thunder Claims
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Blue Thunder Claims Blue Thunder Claims
Muus East Nisk Muus
Blue Thunder Claims
Chibougamau
Nelligan
Chapais
Monster Lake Chevrier Joe Mann Phillibert Meston Fenton
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Muus Project Geology
Muus Property Nisk Property Muus East Property
Note: Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM website: sigeom.mrn.gouv.qc.ca
Nelligan Maiden Resource Announced October 2019
(75% IAMGOLD, 25% Vanstar)
Inferred Resource: 97Mt @ 1.0 g/t Au = 3.2Moz Au
(currently deposit is ~1 km along strike and open in most directions)
October 22, 2019 IAMGOLD Corporation News Release
Mineralization at Nelligan is Not Typical of the Abitibi
→ Gold mineralization hosted in ductile-deformed sedimentary units within the Druillette syncline and associated with the Guercheville Deformation Zone. → Pervasive alteration and replacement, with disseminated mineralization (rather than veins); this style of mineralization is not common locally.
NEW DISCOVERY AT NELLIGAN → Game-Changing Discovery
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Another Nelligan to be Found?
→ The Nelligan host sedimentary units and structural fabrics strike WNW towards the Muus Property; Muus and Nelligan have similar underlying geology and setting. → Regional and local structures and deformation zones are common to both Muus and Nelligan.
HISTORICAL WORK
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- Majority of the exploration work on Muus between 1950’s and 1980’s, focused on
discrete parts of the property. Nisk and Muus East remain mostly unexplored.
- Previous work includes:
― 154 diamond-drill holes (ddh); mostly shallow and wide-spaced; anomalous drill hole assays were often not followed-up ― Till sampling using RC drilling ― Airborne and ground geophysical surveys (magnetics, EM, VLF, IP) ― Mapping, trenching and sampling
BLUE THUNDER EXPLORATION
- Blue Thunder acquired the Muus property in 2017 and have gradually added to the
land position through staking and option agreements.
- Blue Thunder exploration includes:
― Airborne fixed wing aeromagnetic survey in early 2019, covering the original Muus block (50-100 m spaced flight lines) ― Helicopter aeromagnetic survey (50-250 m spaced flight lines) in late 2019 covering the newly acquired ground at Muus, as well the Muus East and Nisk properties (results pending) ― Regional prospecting/sampling and a trenching/ sampling program at prospective Welb Showing (results pending)
Source: SIGEOM WEBSITE, SYSTEM D’INFORMATION GEOMINERE DU QUEBEC | CARTE INTERACTIVE
MUUS HISTORICAL TILL SAMPLING
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Muus Property
Clusters of till concentrate samples ranging up to >23,000 ppb Au
Guercheville Deformation Zone
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Muus
Joe Mann Mine Historical Production (4): 1.8Moz @ 8.5 g/t Au Chevrier Main Zone(3): Ind: 11Mt @ 1.2 g/t = 423Koz Inf: 6.3 Mt @ 1.3 g/t = 259Koz Monster Lake Deposit (1): Inf: 1.1Mt @ 12 g/t = 433Koz Au Philibert Deposit (4): 1.4Mt @ 5.3g/t = 200Koz Au Meston Deposit (4): 1.2Mt @ 6.3g/t = 200Koz Au
Nisk
MEGATEM II MAGNETIC DATA
(1) Monster Lake NI 43-101 Technical Report, Apr 9, 2018, Prepared for Iamgold Corp and Tomagold Corp (2) Nelligan NI 43-101 Technical Report, Oct 22, 2019, Prepared for Iamgold Corp and Vanstar Mining Resources (3) Chevrier NI 43-101 Tehcnical Evaluation Report, Feb 4, 2019, Prepared for Genesis Metals Inc (4) Historical Resource estimate - Not in compliance with NI 43-101 and should not be relied upon (5) Sourced from Quebec Government SIGEOM website
Nelligan Deposit (2): Iamgold/Vanstar JV Inf: 97Mt @ 1.0 g/t = 3.2Moz Au
Vertical Gradient of Residual Magnetic Field(5)
Muus East
MUUS AIR-MAG SURVEY (Total Magnetic Intensity)
(December 2019)
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During December 2019, the un-flown portions on Muus were flown, along with Nisk and Muus East
Muus Nisk Muus East
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SELECTED MUUS HISTORICAL SHOWINGS + GEOLOGY
Lac Bernard-South Drillhole LB-1 1 g/t Au over 1.6m From 139.3m to 140.9m Lac Bernard West Drillhole F1: 0.6m @ 13.6 g/t Ag From 58.2m to 58.8m Welb 8 g/t Au over 1m Channel sample Chesbar 2-B Drillhole 15 0.3% Cu over 5.5m From 282’ to 300’ Chesbar Deposit(1) Historic Resource 14Kt @ 1.9% Cu Lac Rane 1.2% Cu + 0.4 g/t Au Over 0.5m Channel sample Lac Des Stables 0.6% Cu and 1.7 g/t Ag Grab Sample PS-3 2.6 g/t Au grab sample Riverside Hole 1-A 29.5 g/t Au over 0.6m From 379 ft to 381 ft Drillhole VS-93-01 1.1 g/t Au over 0.6m From 57.8m to 58.4m Lac des Vents South Hole LDV-9 4.0 g/t Au over 2.0m From 16.6m to 18.6m Drillhole SP-93-02 1.6 g/t Au over 1m From 23.5m to 24.5m Drillhole LC-20 1.2 g/t Au over 0.4m From 66.5 to 66.9m
(1) Historical Resource estimate - Not in compliance with NI 43-101 and should not be relied upon (2) Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM website: sigeom.mrn.gouv.qc.ca
Drillhole LDV-28 2.3 g/t Au over 1.5m From 76m to 77.5m
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Muus Project: Initial Target Areas
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Muus Property Nisk Property
Note: Geology sourced from Quebec Government’s Ministry of Energy and Natural Resources (MERN) SIGEOM website: sigeom.mrn.gouv.qc.ca
Muus East Property
NEXT STEPS:
DEFINE HIGHEST PRIORITY DRILL TARGETS
- Compile all historical data on the Project and
incorporate with the recent airborne surveys
- Complete Artificial Intelligence and Machine Learning
using compiled Project data to assist in target definition
- 2020 Spring/summer: complete mapping/sampling
ground geophysics over prioritized targets
- 2020 Spring/summer: diamond-drilling of “best” targets
- Continue to pursue new acquisition/M&A opportunities
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- Founder and Chairman of Red Cloud
Securities
- Former CEO of Victoria Gold Corp
- Former Head of Mining Investment
Banking at Blackmont Capital
CHAIRMAN, CEO, DIRECTOR
Chad Williams
- Former VP, Research at Red Cloud Securities
- Former Manager of Corporate Development at
Victoria Gold Corp from 2010 to 2015
- Over 10 years of experience exploration geologist
in the DRC, Canada and Indonesia
TECHNICAL ADVISOR
Edmond Thorose
- Almost 15 years of experience in all aspects of
the finance function within the mining industry
- Previously CFO of Lupaka Gold Corp. and VP
Finance at Dominion Diamond Corporation
- Has CPA (CMA) designation and is a CFA
charterholder
CHIEF FINANCIAL OFFICER
Ryan Webster Drew Anwyll, P.Eng
PRESIDENT
- Former SVP Technical Services Detour Gold
- Former VP Operations & Mine General Manager
Detour Gold
- Over 25 years of international gold mining
experience in exploration, start-up, construction and production in Open Pit and Underground
- perations
Our Strong Management Team
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- Former VP Corporate Development at Entrée
Resources and COO at Mason Resources
- More than 30 years experience in the mining and
exploration industry with a strong background in project management and evaluation, exploration program design and execution, and evaluation of M&A opportunities
Technical Consultant
Robert Cinits P.Geo
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Accomplished Board of Directors
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- Operating executive with senior
management background
- Dedicated to building and transforming
- rganizations to drive significant growth
and value
DIRECTOR
Arv Gupta
- President of Red Cloud Securities
- Former Director in the Mining Equity Research
Group for National Bank Financial
- Over the past 20 years has worked in mining
equity research at Wellington West, Scotia Capital and TD Securities
DIRECTOR
Paolo Lostritto
- Mining Executive and Geologist with over 30
years of experience
- At Toronto Stock Exchange from 1997 to 2005
culminating as National Leader of Mining
- Director of Aurania Resources Ltd., Almaden
Minerals Ltd and Alamos Gold Inc.
DIRECTOR
Elaine Ellingham
- Entrepreneur with 20 years of experience in
management and business development in technology
- Areas of expertise: strategic planning, business
development, providing strategic solutions, creating business initiative and identifying
- pportunities.
DIRECTOR
Rick Paolone Phil Girard
DIRECTOR
- 30 year capital markets professional, specialized in
funding Junior & Mid-Cap growth public companies.
- Extensive understanding of financial analysis,
accounting, and proper capital structure to mitigate investment risk.
- Former Branch Manager (2000-2015), member of the
Executive Management Team, Board of Director of Haywood Securities Inc.
- Co-Founder of Green Rise Capital Corp.(2017)
CONTACT US Blue Thunder Mining Corporation 105 King Street East 2nd Floor Toronto, ON M5C 1G6 info@bluethundermining.com 1-416-477-3404
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Appendix / Supplemental Slides
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Adjacent Properties
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Note: Property boundaries of adjacent properties are approximate
Blue Thunder / Platform Eight Transaction and Public Listing
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➢ On January 31, 2020 Blue Thunder Mining Corp. (“Blue Thunder”) and Platform Eight Capital Corp. (“Platform”) received conditional approval from the TSX Venture Exchange (“TSXV”) of the Qualifying Transaction1 of
- Platform. At the closing of the transaction, in accordance with the
amalgamation agreement dated November 28, 2019:
- Platform will acquire all issued and outstanding shares of Blue Thunder
for 26.8476 shares of Platform
- Platform will change its name to Blue Thunder Mining Inc.
- Blue Thunder Mining Inc. will commence trading with a TSXV listing
under the symbol BLUE ➢ All pending TSXV approvals have been received and Blue Thunder commenced trading on February 14, 2020 (TSXV:BLUE)
(1) As such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSXV