GALLOWAY PROJECT
P R E S E N T S T H E
GALLOWAY PROJECT FORWARD-LOOKING STATEMENTS Statements contained - - PowerPoint PPT Presentation
P R E S E N T S T H E GALLOWAY PROJECT FORWARD-LOOKING STATEMENTS Statements contained in this presentation that are not historical facts are Forward-Looking Statements Forward-Looking Information can be identified by the use of
P R E S E N T S T H E
FORWARD-LOOKING STATEMENTS
Statements contained in this presentation that are not historical facts are “Forward-Looking Statements” … Forward-Looking Information can be identified by the use of words such as “plans,” “expects,” “estimates,” “anticipates,” “potential,” “believes,” or variations of such words and phrases or statements that certain actions, events or results “may,” “could,” “would,” “might,” or “occur” or “be achieved.” Forward-Looking Information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information ... Such risks and other factors include risks related to the availability of financing on commercially reasonable terms; future price of metals; changes in estimated mineral resources; accidents, effects of weather and other natural phenomena and
Except as required by Law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this presentation to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.
We are a mineral resource company actively acquiring and exploring precious metals deposits located in the province of Quebec. In implementing this major undertaking within the Canadian mining industry, we are determined to develop the full potential of the opportunity presented by the Galloway project and its Golden Triangle. W H O W E A R E
FOKUS MINING CORP
I N F O C U S
OUR TEAM
JEAN RAINVILLE
President and Chief Executive Officer
SYLVAIN CHAMPAGNE
Secretary and Chief Financial Officer
PASCAL GERMAIN GILLES LAVERDIÈRE THIBAUT SEGERAL
Director Director Director
F O K U S M I N I N G C O R P
OUR SHORT-TERM PRIORITIES
COMPLETE THE FINANCING COMPLETE AN EXTENSIVE DRILLING PROGRAM ON GALLOWAY COMPLETE A NI43-101 RESOURCES ESTIMATE ON GALLOWAY
The Galloway gold project is located in the Dasserat Township in Abitibi area, Quebec, Canada. The property is less than 30 km west of the Rouyn-Noranda mining district and is easily accessible via Trans-Canada Highway 117. It consists of 3 mining concessions and 95 claims covering a total area of 2,668
amalgamation of the Hurd, Ogima Nord, Renault Bay, Sandborn, Perron, Cadillac, Francoeur and Lac Fortune claims blocks. Together, they cover a 3-km-wide corridor of gold bearing structures over a total length of 12 km along the Larder-Lake-Cadillac Break (LLCB).
T H E G A L L O W A Y
GOLD PROJECT
G A L L O W A Y P R O P E R T Y
STRATEGIC LOCATION
This project is located in the heart of the logical and strategic continuity of the different gold deposits discovered along one of the most prolific gold faults in the world, the Cadillac-Larder Lake Fault, where you can find numerous mines and deposits from the mining camps of Kirkland Lake, Noranda, Cadillac, Malartic and Val-d'Or. More than 100 million ounces of gold were extracted from these mining camps in the last 100 years.
Galloway Property
K I R K L A N D L A K E : 2 5 M O Z L A R D E R L A K E : 1 1 M O Z N O R A N D A : 1 8 M O Z B O U S Q U E T : 1 5 M O Z
A major opportunity in the Canadian mining industry
The golden triangle comprise 3 main zones: GP , Hendrick and Moriss. Although not being side by side, the various gold zones including the Hurd zone located to the NNE of the GP zone could be connected on the surface and underground forming a potential corridor of approximately 1.7 kilometers.
T H E G O L D E N T R I A N G L E
T H E G O L D E N T R I A N G L E
The GP showing lies immediately at the contact with the syenite stock. It consists of pervasive gold mineralization within a mineralized envelope of 230 m in length by over 100 m in width and over 300 m in depth. Numerous gold intervals of over 1 g/t Au over widths in excess of 20 m, the best gold intersection being 2.19 g/t Au over 19.5 m in hole VHD-09-13. A 43-101 Mineral Resource Estimate by SRK Consulting (2012) gave Indicated Resources of 18,140,000 t at 0.41 g/t Au and Inferred Resources of 2,510,000 t at 0.39 g/t Au using a cut-off grade of 0.21 g/t Au. The resource estimate does not correspond to the entire GP showing but to a pit shell design as required by NI 43-101 regulation. (See report on SEDAR-Vantex)
IN FOCUS
HOLE # FROM (M) TO (M) LENGTH (M) GRADE (G/T AU)
KHD-87-09 Including 62.24 160.32 281.18 196.9 218.90 36.50 0.515 1.00 VHD-09-01 Including 9.50 9.50 307.50 21.00 298.00 11.50 0.51 1.00 VHD-09-05 Including 6.85 138.80 213.10 166.60 206.50 11.50 0.517 1.01 VHD-09-13 Including Including 8.25 172.50 177.00 262.80 217.50 196.50 254.55 45.00 19.50 0.638 1.313 2.19 VHD-10-31 Including Including 1.50 16.50 93.00 252.00 54.00 112.50 250.50 37.50 19.50 0.60 1.045 1.85 KHD-21 Including 7.32 261.00 305.10 273.00 297.78 12.00 0.608 1.796 KHD-24 Including 10.75 151.00 259.10 172.50 248.35 21.50 0.609 1.03 93-H-05 Including Including 4.27 4.27 196.50 321.46 48.30 208.90 317.19 44.03 12.40 0.674 1.04 2.38
T H E G O L D E N T R I A N G L E
GP ZONE - DRILLING RESULTS
(ALONG THE CORE)
*The results presented are historic ones and do not come from current work
T H E G O L D E N T R I A N G L E
T H E G O L D E N T R I A N G L E
The Hendrick showing was discovered by Kerr-Addison in the 1980's. It is located some 500 m south of the GP and Moriss zones. The Hendrick zone is genetically related to the Renault Bay syenite as it lies within or in close proximity to what seems to be an apophysis of the intrusion. It is thus related to the GP and Moriss zones due to the strong similarities between them in the nature of the gold mineralization, its distribution and its geochemistry, as well as the spatial relation. The five holes to date have intersected the zone over a 600 m strike length, and it is presently open in all
dipping to the north and plunging to the northwest.
IN FOCUS
HOLE # FROM (M) TO (M) LENGTH (M) GRADE (G/T AU)
VPE-10-15 Including And 519.00 636.00 934.50 801.00 675.00 1,002.00 282.00 39.00 67.50 0.627 1.19 0.623 VPE-11-36 Including 440.30 657.00 999.00 801.00 558.70 144.00 0.56 1.01 VPE-12-48 Including 834.00 929.50 982.50 973.50 148.50 48.00 0.80 0.99
T H E G O L D E N T R I A N G L E
HENDRICK ZONE - DRILLING RESULTS
(ALONG THE CORE)
*The results presented are historic ones and do not come from current work
T H E G O L D E N T R I A N G L E
T H E G O L D E N T R I A N G L E
The Moriss showing lies about 500 m west of the GP showing. It is spatially associated to an apophysis of the main syenite intrusion. The Moriss showing was originally identified as a geophysical target in 2009 and was discovered by drilling in October
the near-surface level (North zone), 60-70 m depth (Moriss zone) and at 115-135 m depth (New zone), though several deeper holes have intersected up to 5 discrete gold-bearing structures which warrant further investigation. It is notable that coarse gold is often found in the Morriss showing. Many assays over 30 g/t Au are found in the Morriss zone with an uncut interval of 59.51 g/t Au over 6.2 m in hole VPE-12-50 (with an individual assay of 285.93 g/t Au over 1.0 m). Free gold is found in pyrite-rich smoky quartz veining, breccia and stockworks within nearly massive intermediate tuffs.
IN FOCUS
HOLE # FROM (M) TO (M) LENGTH (M) GOLD VALUE (Q/T AU) VPE-10-06 Including 97.50 97.50 108.00 100.50 10.50 3.00 3.80 11.86 VPE-10-10 Including 101.00 102.35 106.35 105.00 5.35 2.65 11.41 22.37 VPE-10-11 And And 84.00 100.50 145.00 89.50 106.50 153.00 5.50 6.50 7.50 19.06 14.63 3.23 VPE-10-18 48.00 59.50 7.50 9.49 VPE-10-19 Including 96.00 103.50 106.65 106.65 10.65 3.15 7.23 24.23 VPE-10-23 55.00 56.50 1.50 32.63 VPE-11-24 Including 98.60 98.60 103,90 101.40 5.30 2.80 24.87 46.96 VPE-11-25 99.15 105.00 5.85 15.13 VPE-11-27 107.30 111.00 3.70 7.09 VPE-12-50 Including And 58.00 59.00 117.85 64.20 60.00 122.90 6.20 1.00 5.05 59.51 285.93 5.09 VM-13-02 Including 156.00 160.40 163.90 163.90 7.90 3.50 4.26 9.14 VM-13-08 Including 203.20 203.20 208.95 204.80 5.75 1.40 33.64 137.90
T H E G O L D E N T R I A N G L E
MORISS ZONE - DRILLING RESULTS
(ALONG THE CORE)
*The results presented are historic ones and do not come from current work
*40,000 m of drilling on the Golden Triangle
Exploration budget: $5 million
G A L L O W A Y P R O P E R T Y
EXPLORATION BUDGET
W H Y I N V E S T I N T H E
GALLOWAY PROJECT?
MANY GOLD ZONES ON PROPERTY BEST JURISDICTION IN CANADA IN A PROLIFIC GOLD MINING DISTRICT OPEN PIT AND UNDERGROUND POTENTIAL 40,000 M OF DRILLING IN 2020-2021 MULTI-MILLION OUNCES POTENTIAL
F O K U S M I N I N G C O R P O R A T I O N
FINANCIAL STRUCTURE
SHARE STRUCTURE
OUTSTANDING SHARES:
(as of September 16, 2020)
47,910,373
OPTIONS:
(avg. price of 0.30)
3,500,000
WARRANTS:
(avg. price of 0.20)
23,038,924
FULLY DILUTED SHARES:
73,449,297
TSX.V : FKM Frankfurt : F7E1
FINANCING 40,000 M OF DRILLING NI43-101 RESOURCES ESTIMATES PRELIMINARY ECONOMIC ASSESSMENT (PEA)
NEXT STEPS AND TIMELINE
September 2020 October 2020 to June 2021 Summer 2021 Q3-Q4 2021
Head office: 147 Quebec Avenue, Rouyn-Noranda Quebec, Canada J9X 6M8 Postal address: P .O. Box 491, Rouyn-Noranda Quebec, Canada J9X 5C4 Tel.: 819-762-0609 Fax: 819-762-0097
Email: info@fokusmining.com Auditors: Raymond Chabot Grant Thornton Transfer Agent: Computershare Legal Advisor: Fasken Martineau DuMoulin S.E.N.C.R.L., s.r.l.
CONTACT US