Forw ard Looking Statem ent The information contained in this - - PowerPoint PPT Presentation

forw ard looking statem ent
SMART_READER_LITE
LIVE PREVIEW

Forw ard Looking Statem ent The information contained in this - - PowerPoint PPT Presentation

C orporate P resentation Building sustained corporate value through TSXV: MGR April 2019 expertise in responsible mining. Forw ard Looking Statem ent The information contained in this presentation is provided by Magna Gold Corp. This


slide-1
SLIDE 1

Corporate Presentation

TSXV: MGR

Building sustained corporate value through expertise in responsible mining.

April 2019

slide-2
SLIDE 2

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

2

TSX-V: MGR

The information contained in this presentation is provided by Magna Gold Corp. (“Magna” or the “Company”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, securities of Magna or other financial

  • products. The information contained herein is not investment
  • r financial product advice and is not intended to be used as the basis for making an

investm ent decision. The views, opinions and advice provided in this presentation reflect those of the individual presenters, and are provided for inform ation purposes

  • nly. The presentation has been prepared

without taking into account the investment

  • bjectives,

financial situation

  • r

particular needs

  • f

any particular person. No representation or warranty, express or implied, is m ade as to the fairness, accuracy, com pleteness or correctness of the information, opinions and conclusions contained in this presentation. To the m axim um extent permitted by law, none

  • f Magna nor its

directors, officers, em ployees or agents, nor any other person accept s any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. Except for statem ents of historical fact, this presentation contains certain "forward- looking information" within the m eaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statem ents that certain events or conditions "may" or "will" occur. Forward-looking statem ents are based on the opinions and estim ates of m anagem ent at the dat e the statements are m ade, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ m aterially from those anticipated in the forward-looking statem ents, including, am ong others, the accuracy of mineral grades and related assumptions, inherent

  • perating

risks, planned expenditures, proposed exploration and developm ent at the Mercedes Property, operating and econom ic aspect s of the Mercedes Property. Magna undertakes no

  • bligation to

update forward-looking information if circum stances or m anagem ent's estim ates or

  • pinions should change except as required by law. The reader is cautioned not

to place undue reliance on forward-looking statements. This presentation does not constitute an offer to sell or the solicitation of an offer to buy shares in the United States, or in any other jurisdiction in which such an offer would be illegal. Magna shares m ay not be offered or sold in the United States absent registration under the United States Securities Act

  • f 1933, as am ended
  • r an

available exem ption under such Act. This presentation includes disclosure of scientific and technical information, as well as information in relation to the calculation of resources, with respect to the Mercedes Property. Magna’s disclosure of mineral resource information is governed by National I nstrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) under the guidelines set

  • ut

in the Canadian I nstitute of Mining, Metallurgy and Petroleum (the “CIM”) Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as m ay be am ended from tim e to tim e by the CIM (“CIM Standards”). There can be no assurance that mineral resources will ultimately be converted into mineral reserves. Mineral resources are not mineral reserves and do not have dem onstrated econom ic viability. This presentation m ay include the term s “indicated” and “inferred” resources. U.S. persons are advised that while such term s are recognized and required by Canadian regulations, the U.S. Securities and Exchange Comm ission does not recognize them . “Inferred Resources” have a great am ount of uncertainty as to their existence and as to their econom ic and legal

  • feasibility. It cannot be assum ed that all or any part of an

inferred resources will ever be upgraded to a higher category. Under Canadian rules, estim ates of inferred resources m ay not form the basis of feasibility

  • r
  • ther

econom ic studies. U.S. persons are cautioned not to assum e that all or any part indicated resources will ever be converted into reserves. U.S. persons are also cautioned not to assum e that all or any part of an inferred m ineral resource exists, or is econom ically or legally mineable.

Forw ard Looking Statem ent

slide-3
SLIDE 3

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

3

➢ Magna Gold Corp is a m ineral exploration com pany focused on acquiring,

exploring and developing quality properties in Mexico with potential for the discovery of significant gold – silver deposits.

➢ Our

prim ary strength is in

  • ur

team

  • f

highly experienced m ining professionals. We have a proven track record

  • f

developing properties in Mexico from discovery to production on budget and on tim e.

➢ Our growth strategy is to acquire early or advanced stage m ineral deposits

through our extensive network of contacts and consolidate these properties enhancing shareholder value.

➢ Magna will initiate low capex, low cost

  • perations early in the life of the

project to internally fund the advancem ent of the resources in the acquired districts while m inim izing shareholder dilution.

About Us

slide-4
SLIDE 4

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

4

Capital Structure

Capital Structure Shares Outstanding 35,413,184 Warrants Nil Options (avg. price $0.10) 200,000 Fully Diluted Shares 35,613,184 Magna Gold Corp Listing / Symbol TSXV : MGR 52 Week Hi-Lo $0.45/ $0.20 Current Price $0.40 Cash Position (1) $ 4 ,1 7 4 ,2 6 9 Notable and Major Shareholders Institutional

  • US Global Investors
  • Delbrooke Capital
  • Eric Sprott
  • Medalist Capital

45.38% Retail 35.81% Management/ Board 18.81%

(1) Cash as at April 30, 2019

4 5 .3 8 % 3 5 .8 1 % 1 8 .8 1 %

Magna Capital Structure (by Common Share held)

I nstitutional Retail Managem ent/ Board

slide-5
SLIDE 5

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

5

Francisco Arturo Bonillas Zepeda

Chief Executive Officer, Secretary and Director

  • Mr. Bonillas is a Mexican citizen and has over 39 years of experience in the Mexican

mining and exploration industry. He is the former President and co-founder of Alio Gold Inc., formerly Timmins Gold Corp. (“Alio”). During his 10-year tenure with Timmins, he oversaw its transition from exploration and development to mid-tier gold producer, and guided it to several years of positive reserve and resource growth, throughput and production. He is currently Director of Telson Mining Corporation (formerly Telson Resources Inc.) whose securities trade on the TSXV .

Alex Tsakum is

Director Over 25 years of investm ent experience with private and public com panies. Served as VP of Corporate Developm ent at Timmins Gold Corp for nine years, where he played a pivotal role in the developm ent of the corporation from a junior exploration to a production com pany. Wide experience in capital formation and m anagem ent and growth of listed com panies.

Miguel Ángel Soto y Bedolla

Vice President of Exploration

  • Mr. Soto is a Mexican citizen and has over 40 years of experience in the Mexican

mining and exploration industry, including over 25 years as senior executive of several exploration companies; he is widely recognized as one of the top mining professionals in Mexico. He was a co-founder of Timmins Gold Corp, where he was responsible for a four-fold increase of the San Francisco’s gold resource from 611 Koz to 2.4 Moz. Mr. Soto is an active member of the US Society of Economic Geologists. In 2018 he was awarded the prestigious Ostotakani award given to distinguished leaders in the Mexican mining industry.

Colin Sutherland

Director

  • Mr. Sutherland has been a Chartered Professional Accountant since 1997. He

was previously the President of McEwen Mining I nc., a mining company listed

  • n

the TSX and the New York Stock Exchange, from January 2016 to November 2016, and the Managing Director and Chief Executive Officer of Archipelago Resources Plc, a company listed on the Australian Securities Exchange, from March 2012 to Decem ber 2015. He has held senior financial and executive roles with Timmins Gold Corp., Capital Gold Corporation, Nayarit Gold I nc. and Aurico Gold I nc.

Managem ent and Board of Directors

slide-6
SLIDE 6

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

6

Mercedes Project

Agnico Eagle Alamos Gold Agnico Eagle Frisco Group Hochschild Minera Alamos

slide-7
SLIDE 7

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

7

Previous exploration work includes two phases of drilling:

❑ In 1996 Compañia Minera Fernanda

S.A. de C.V. completed 15 Reverse Circulation holes for a total 1,018m, all within La Lamosa target.

❑ In 2008 Norma Mines S.A. de C.V.

completed 10 core drill holes in the property for a total of 1,113m. Of those, 6 holes totaling 760.5m were done within La Lamosa target. Both drill programs confirmed good gold intersections associated to broad high sulphidation epithermal type extense alteration within volcanic rocks.

History of the Mercedes Property

NI 43- 101 Technical Report dat ed August 12, 2018

slide-8
SLIDE 8

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

8

Location and I nfrastructure

➢ Infrastructure and support services are available

to the project as Federal Highway 16 passes through the western portion of the claims.

➢ Electricity, mail/ phone services available in Yécora. ➢ Electrical line (C.F

.E) passes through the property as it parallels Highway 16.

➢ Water available in the region but not within the

surface claim area.

➢ Accom m odation

available at Yécora and in the nearby village of Santa Ana.

➢ 43 km from Alam os Gold’s Mulatos Gold Mine (3

Moz Au) and 40 km from Agnico Eagle’s La India Gold Mine (1 Moz Au). Adjacent to Minera Alamos’ Santana and Santa Rosa projects.

NI 43- 101 Technical Report dat ed August 12, 2018

slide-9
SLIDE 9

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

9

Regional and Local Geology

❑ Mercedes

project shows high sulphidation epithermal minerali- zation typical

  • f

important discoveries in the region.

❑ Located toward the western edge of the

Sierra Madre and predominantly underlain by intrusive rocks, granodiorite-m onzonite plutonic rocks and quartz feldspar porphyry dykes and stocks exposed by erosion

  • f

intermediate and felsic volcanic packages

  • f

the Lower and Upper Volcanic sequences.

❑ The

thick volcanic sequences are characteristic of the region and form much of the Sierra Madre Occidental. Outcrop in key areas of the property are strongly altered, brecciated intrusives and some propylitically altered volcanics.

❑ Zoned assem blages of silica, phyllic,

argillic and distal propylitic alteration are recognized (sam e geology as Mulatos and La I ndia mines).

slide-10
SLIDE 10

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

10

Magna controls a total of 1,239 hectares in the Mercedes Proj ect.

➢ Acquired

646 hectares for a total price

  • f

$250,000.

➢ Staked 248 hectares directly. ➢ Signed an

exploration and option to purchase agreem ent for 345 hectares under the following deal terms:

❑ Four-year

contract ending Septem ber 20, 2022.

❑ Total

cash paym ents

  • f

US $1.5 M distributed in 4 years, half of total payable

  • n m onth 48.

❑ 3% NSR capped at US $3.5 M. Magna Gold

m aintains the right to buy back all of the NSR at a total price of US $1.5 M within the first 3 years after com m encem ent

  • f

com m ercial production.

Land Position

Total Land Position: 1,239 Ha

slide-11
SLIDE 11

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

11

Mineral Targets

❑ Project

is situated

  • n

a 20 km long regional m ineralized trend hosting som e im portant exploration targets as well as num erous

  • ld

relevant m ining works.

❑ The current and only drilled zone in Las Mercedes

Project is the “La Lam osa Hill”, a prom inent, highly

  • xidized

red ridge, visible from the

  • highway. There are 4 visible additional targets

sim ilar in size and alteration within the claim s.

❑ There are two known old m ining works within the

claim s: Mina del Oro and Las Marias.

❑ These Gold and Silver targets all show textures

and alteration consistent with high sulphidation epitherm al m ineralization. Zoned assem blages of silica, phyllic, argillic and distal propylitic alteration are recognized.

3.1 g/t Au 3.4 g/t Au 4.8 g/t Au 5.6 g/t Au

0.40 g/t Au

0.7 g/t Au

Lamosa Hill – open pit target Historical Drilling 2,131 m, 25 holes, most mineralized from surface

Mina del Oro (old Works) Las Marias mine (old Works)

NOTE: Nochebuenas, Las Marias and Mina del Oro targets are mineralized zones identified by SGM (Mexican Geological Survey)

0.53 g/t Au 0.47 g/t Au

slide-12
SLIDE 12

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

12

Historical Drilling Map

La Lam osa Target

slide-13
SLIDE 13

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

13

Cross Section NE 025

La Lam osa Target

slide-14
SLIDE 14

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

14

Cross Section NE 150

La Lam osa Target

slide-15
SLIDE 15

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

15

Cross Section NE 175

La Lam osa Target

slide-16
SLIDE 16

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

16 RC Hole No. Dip From ( m ) To ( m) W idth ( m ) Au g/ t Ag g/ t YRC-1 -1 0 .0 0 3 0 .0 0 3 0 .0 0 0 .6 2 0 4 .0 Include 17.00 28.00 11.00 0.980 4.2 YRC- 1 - 2 21.00 3 2 .0 0 11.00 0 .7 2 0 1.6 YRC- 2 0 .0 0 9 .0 0 9 .0 0 0 .6 5 0 2 6 .9 and 54.00 64.00 10.00 0.900 3.6 YRC- 3 2 2 .0 0 6 8 .0 0 4 6 .0 0 0 .6 0 0 33.1 Include 22.00 37.00 15.00 0.490 12.7 YRC- 4 0 .0 0 6 0 .0 0 6 0 .0 0 0 .5 2 0 2 2 .2 Or 0.00 20.00 20.00 0.890 16.7 Or 0.00 40.00 40.00 0.660 19.8 YRC- 5 1 9 .0 0 2 5 .0 0 6 .0 0 0 .6 4 0 8 .0 YRC- 6 2 .0 0 3 2 .0 0 3 0 .0 0 2 .3 9 0 7.2 Include 9.00 22.00 13.00 4 .2 6 0 7.5 I nclude 17.00 2 2 .0 0 5 .0 0 8.510 15.4 YRC- 7 0 .0 0 4 8 .0 0 4 8 .0 0 1 .4 4 0 3 6 .3 Include 0.00 35.00 35.00 1 .8 4 0 48.1 I nclude 0 .0 0 27.00 27.00 2 .0 0 0 57.1 YRC- 8 0 .0 0 1 9 .0 0 1 9 .0 0 0 .3 1 0 16.8 YRC- 9 2 8 .0 0 3 8 .0 0 1 0 .0 0 1.320 9 4 .6 YRC-1 0 0 .0 0 5 9 .0 0 5 9 .0 0 0 .6 4 0 2 8 .9 Include 49.00 59.00 10.00 1 .0 3 0 24.6 YRC-11 0 .0 0 3 8 .0 0 3 8 .0 0 2 .4 2 0 3 7 .3 Include 11.00 32.00 21.00 3 .5 2 0 55.0 I nclude 2 6 .0 0 2 8 .0 0 2 .0 0 17.770 2 9 7 .8 YRC-1 2 0 .0 0 1 8 .0 0 1 8 .0 0 0 .4 4 0 10.5 YRC-1 3 0 .0 0 5 4 .0 0 5 4 .0 0 1.200 3 9 .9 Include 7.00 24.00 17.00 3 .3 7 0 136.1 I nclude 10.00 15.00 5 .0 0 6.180 281.0 YRC-1 4 0 .0 0 8 6 .0 0 8 6 .0 0 0 .6 5 0 136.1 Include 28.00 33.00 5.00 3 .2 5 0 109.1

Drill Holes Mineral I ntersections, Historical Drilling

Sum m ary of 1996 RC drilling program

slide-17
SLIDE 17

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

17

Drill Holes Mineral I ntersections, Historical Drilling

Sum m ary of 2008 DD drilling program

Core Hole No. Dip Lenght ( m ) From ( m ) To ( m ) W idth ( m ) Au g/ t Ag g/ t MER0 8 - 0 1

  • 7 0 °

1 6 5 .0 0 .0 0 1 4 4 .0 0 1 4 4 .0 0 0 .4 8 4 12.61 I nclude 0.00 17.00 17.00 0.943 3.02 I nclude 17.00 32.00 15.00 1.050 13.60 I nclude 51.00 80.00 29.00 0.888 8.28 I nclude 5 9 .0 0 6 4 .0 0 5 .0 0 1.476 1.40 I nclude 85.00 87.00 2.00 0.533 19.60 I nclude 136.00 137.00 1.00 0.990 2.40 MER0 8 - 2

  • 6 0 °

1 3 3 .5 0 .0 0 113.00 113.00 0 .3 7 0 10.70 I nclude 25.00 30.00 5.00 1.063 18.52 I nclude 26.00 27.00 1.00 3.320 15.00 I nclude 43.50 56.00 12.50 0.511 30.02 64.00 68.00 4.00 0.400 4.70 72.00 77.00 5.00 0.592 20.30 84.00 89.00 5.00 0.416 5.73 I nclude 106.00 113.00 7.00 0.839 9.65 MER0 8 - 0 3

  • 6 0 °

137.0 0 .0 0 5 7 .0 0 5 7 .0 0 1.135 13.7 I nclude 11.00 24.00 13.00 1.319 21.74 I nclude 11.00 12.00 1.00 1.910 223.51 I nclude 33.00 57.00 24.00 1.770 16.93 I nclude 34.00 36.00 2.00 11.845 48.18 I nclude 38.00 39.00 1.00 1.700 147.87 I nclude 38.00 43.00 5.00 1.618 4.28 I nclude 54.00 57.00 3.00 1.677 10.23 MER0 8 - 0 4

  • 6 5 °

1 5 3 .0 6 0 .0 0 6 1 .0 5 1 .5 0 0 .0 5 0 121.5 MER0 8 - 0 5

  • 6 5 °

8 3 .0 2 5 .5 2 8 .5 3 .0 0 0 .0 0 5 8 4 .7

slide-18
SLIDE 18

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

18

Rock Chip Sam pling on Surface

> > < <

slide-19
SLIDE 19

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

19

Sam ple # I D Sam ple num ber Length ( m ) Au Ag Cu Pb ppm ppm ppm ppm 1 135753 1.0 5 .5 6 0 89.0 18 3,700 2 135726 1.2 0.836 5.0 36 71 3 135727 1.5 0.866 23.0 38 101 4 135728 1.5 1 .1 6 5 36.0 20 95 5 135729 2.0 2 .6 5 0 1 1 4 .0 36 278 6 135730 1.9 1 .7 5 5 13.0 14 41 7 135732 1.2 1 .1 8 5 13.0 13 91 8 135733 0.9 0.881 8.0 9 90 9 135734 1.3 1 .3 1 5 3.0 8 172 10 135735 1.2 0.899 2.0 9 100 11 135736 2.0 0.511 2.0 23 97 12 135737 1.6 1 .0 0 0 3.0 16 266 13 135742 1.2 3 .7 7 0 1.0 7 1,210 14 135743 1.5 0.506 4.0 8 607 15 135744 1.2 0.517 6.0 21 710 16 135745 1.5 1 .6 7 5 5.0 16 261 17 135747 2.0 1 .2 1 0 5.0 18 467 18 135749 1.2 0.578 3.0 12 611 19 135750 1.4 0.622 4.0 15 299 20 135754 2.0 1 .2 6 0 23.0 22 329 21 135759 1.5 0.533 2.0 17 95 22 135760 1.5 1 .2 8 0 1.0 24 103 23 135761 1.5 0.712 0.5 31 119 24 135764 1.5 0.801 3.0 13 342 25 135768 1.5 1 .4 7 5 4.0 281 476 26 135771 2.0 1 .1 4 0 17.0 126 541 Average: 1 .5 1 .3 3 1 5 .0 3 3 4 3 4 Sam ple No. Length ( m ) Au ppb Ag ppm Cu ppm Pb ppm 986063 1.0 821 40.8 21.1 619.7 986064 2.0 185 1 0 0 .0 > 1 0 ,0 0 0 28.7 986065 5.0 179 1.0 118.5 140.0 986066 10.0 648 2.3 83.2 158.0 986067 8.0 1 ,3 7 5 5.9 23.4 493.0 986068 8.0 475 5.6 8.1 298.6 986069 10.0 561 17.5 18.8 416.2 986070 6.0 1 ,6 3 4 14.6 14.1 786.1 986071 6.0 549 8.8 12.4 603.9 986072 1.2 2 ,0 7 2 57.7 45.8 6 ,9 2 1 .9 986073 3.0 94 3.7 61.1 513.5 986074 0.7 195 8.2 85.0 > 1 0 ,0 0 0 986075 2.0 136 4.0 22.7 395.5 986076 1.0 51 0.5 14.0 824.5 986077 1.0 12 0.2 35.4 38.6 986078 1.0 44 0.7 22.2 2,193.1 Average: 4 .1 5 6 4 1 7 .0 3 9 .1 9 6 2 .1

NOTE: ▪ Left Table: Surface rock chip sampling by Agnico Eagle assayed by ALS Minerals (dated report in April 11, 2017). ▪ Right Table: Surface rock chip sampling by Dale Brittliffe assayed by ACME Labs.

Surface Rock Chip Sam pling in 2 0 1 7 and 2 0 1 8

slide-20
SLIDE 20

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

20

Exploration Budget for the Mercedes Property

( Mapping, Prospecting and Core Drilling Program )

W eeks 4 8 12 16 2 0 Concept Qt y I t e m Unit Cost $ US W ork Days/ Hours Mont h 1 Mont h 2 Mont h 3 Mont h 4 Mont h 5 TOTAL Geologist Sr. Project Mgr Day Resource Geologist * * 1 Day 500 15 5,000 2,500 7,500 Senior Geologist 1 Day 300 22 6,600 9,000 6,600 9,000 6,600 37,800 Project Geologist 1 Day 200 22 4,400 6,000 4,400 6,000 4,400 25,200 Geologist Junior 1 Day 120 22 2,640 3,600 2,640 3,600 2,640 15,120 Technician (Field Supervision) 1 Day 50 30 1,500 1,500 1,500 1,500 1,500 7,500 Labor 6 Persons 30 30 5,400 5,400 5,400 5,400 5,400 27,000 Drafting ArcGIS-ACAD * 1 Persons 80 30 2,400 2,400 2,400 2,400 2,400 12,000 Access and Drill Site Prep (Dozer) 1 Hour 75 200 7,500 7,500 15,000 Assaying (rock chip sam ples) 200 Sam ple 38 3,750 3,750 7,500 Reverse Circulation Drilling 2,000 m eters 60 60,000 60,000 120,000 Assaying Reverse Circulation Sam ples 1,400 Sam ples 38 26,600 26,600 53,200 Core Drilling 750 m eters 120 90,000 90,000 Assaying Core drilling 750 Sam ples 38 28,500 28,500 Cam p (foods, & Accom odation) 1 $/ month 1,500 1 1,500 1,500 1,500 1,500 1,500 7,500 Vehicles-Truck rental 2 $/ day 90 22 3,960 5,400 3,960 5,400 3,960 22,680 Gasoline Lump $/ day 35 22 1,540 2,100 1,540 2,100 1,540 8,820 Geochem ical Stds, Blanks 200 Sam ples 20 4,000 4,000 Consum ables (bags, markers, etc.) 1 Lump 1,000 1 1,000 1,000 2,000 Saw core, blades, tags, etc. 1 Lump 7,500 6,000 1,500 7,500 Acquisition GVMapper 1 Software 15,000 15,000 Acquisition tablets for logging and m apping 2 Pieces 1,500 3,000 3,000 Office Compilation/ QA & QC Database 1 Day 300 10 3,000 3,000 6,000 Consum ables (bags, markers, etc.) 1 Lump 1,000 1 1,000 1,000 2,000 Saw core, blades, tags, etc. 1 Lump 7,500 6,000 1,500 7,500

Grand US$ 5 2 2 ,8 2 0 Total CA$ 6 9 7 ,0 9 3

slide-21
SLIDE 21

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

21

Exploration Program for the Mercedes Property

I TEM Tim e ( w eek) Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 1 2 3 4 5 6 7 8 9 1 0 1 1 1 2 1 3 1 4 1 5 1 6 1 7 1 8 1 9 2 0 2 1 2 2 2 3 2 4 IP , Permits, Surface Contracts, Water, etc. 2 Meetings for analysis of advances 1 Topography Survey, update of Datum 4 Geology and sampling on La Lamosa Hill 4 Prospecting other targets within the property 5 Accesing the property, preparing drill sites 3 Reverse Circulation Drilling 4 Reception of assays 4 Process of information, geology, assays, etc. 5 Core Drilling 5 Database and QA & QC Full-time Data Interpretation Full-time Technical Report 3 Environmental remediation Full-time

slide-22
SLIDE 22

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

22

Photo Gallery

slide-23
SLIDE 23

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

23

View From Lam osa Hill to Herm osillo – Yecora Highw ay

slide-24
SLIDE 24

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

24

Plate 3 : Oxidized targets southwest of Lam osa Hill Plate 4 : View from Lam osa Hill looking to Northeast showing additional targets

Aerial View of Targets

slide-25
SLIDE 25

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

25

Rock Chip Sam pling Across Main Mineralized Zone at Lam osa Hill

slide-26
SLIDE 26

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

26

Historical Drilling Access Road at the North Side of Lam osa Hill

slide-27
SLIDE 27

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

27 Plate 7: Silicified intrusive breccia. White clays and jarosite are visible in the lower half of the photo. Plate 8 : Hand sam ple – silicified intrusive breccia Plate 9 : outcropping on southern face of hillside showing vuggy silica Plate 10: Drilhole at the Lam osa Hill Plate 11: Detail of outcrop along Lam osa Hill Plate 12: View of the exposures along of the South side of La Lam osa Hill

slide-28
SLIDE 28

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

28 Plate 13: Vertical BX structure potential feeder Plate 15: volcanic rocks outcrop argillized and silicified zones Plate 14: detailed view of andesite rock with silica - clay alteration

slide-29
SLIDE 29

TSX-V: MGR

MAGNA GOLD CORPORATE PRESENTATION | APRIL 2019

29

Thank you

Arturo Bonillas

President and CEO 390 Bay Street St 806 Toronto, Ontario, Canada M5H 2Y2 Telephone: + 52 (662) 310 0326 Mobile: + 52 1 (662) 257 1902 abonillas@m agnagoldcorp.com

m agnagoldcorp.com For More I nform ation Contact:

  • Blvd. Paseo de las Quintas 123, Local 101

Hermosillo, Sonora, México CP 83247