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E XPL ORING B.C.’s PROL IF IC
GOL DE N T RIANGL E
T SX- V: MT B www.mountainboymine r als.c a CORPORAT E PRE SE NT AT ION August 2020
GOL DE N T RIANGL E August 2020 T SX- V: MT B - - PowerPoint PPT Presentation
E XPL ORING B.C.s PROL IF IC CORPORAT E PRE SE NT AT ION GOL DE N T RIANGL E August 2020 T SX- V: MT B www.mountainboymine r als.c a T SX- V: MT B 1 DISCL AIMER T HIS MANAGE ME NT PRE SE NT AT ION (T HE
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T SX- V: MT B www.mountainboymine r als.c a CORPORAT E PRE SE NT AT ION August 2020
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T HIS MANAGE ME NT PRE SE NT AT ION (T HE "PRE SE NT AT ION") WAS PRE PARE D AS A SUMMARY OVE RVIE W ONL Y OF T HE CURRE NT AF F AIRS OF MOUNT AIN BOY MINE RAL S .(”MOUNT AIN BOY" OR T HE "COMPANY") AND WAS NOT PRE PARE D F OR T HE PURPOSE OF ASSIST I NG PROSPE CT IVE INVE ST ORS IN MAK ING A DE CISI ON T O INVE ST IN MOUNT AIN BOY. MOUNT AIN BOY DOE S NOT MAK E ANY RE PRE SE NT AT ION AS T O T HE COMPL E T E NE SS, T RUT H OR ACCURACY OF T HE INF ORMAT I ON CONT AINE D IN T HIS PRE SE NT AT
HE COMPANY E XPRE SSL Y WARNS RE ADE RS NOT T O RE L Y ON T HE INF ORMAT I ON HE RE IN F OR INVE ST ME NT OR OT HE R RE L AT E D PURPOSE
Y, ANY USE OF T HIS INF ORMAT I ON IS AT YOUR RISK AND WIT HOUT L IABI L I T Y T O T HE
HE INF ORMAT I ON CONT AINE D HE RE IN IS NOT AND SHOUL D NOT BE CONST RUE D AS E IT HE R A PUBL IC OR PRIVAT E OF F E R OR SOL ICI T AT I ON T O PURCHASE SE CURIT I E S IN T HE CAPIT AL ST OCK OF MOUNT AIN BOY MINE RAL
HE RE ADE R IS RE F E RRE D T O HIS/ HE R PROF E SSIONAL INVE ST ME NT ADVISOR RE GARDING INVE ST ME NT RE L AT E D DE CISI ONS RE SPE CT ING T HE SE CURIT I E S OF T HE COMPANY. 2
CONF IDE NT IAL IT Y
T his Pre se nta tio n is c o nfide ntial a nd the c o nte nts a re no t to b e re pro duc e d o r distrib ute d to the public o r the pre ss. Se c uritie s le g isla tio n in all pro vinc e s a nd te rrito rie s pro hibits suc h una utho rize d distrib utio n o f info rma tio n. E a c h re c ipie nt o f the info rma tio n c o ntaine d in this Pre se nta tio n will tre a t suc h info rma tio n in a c o nfide ntial manne r and will no t, dire c tly o r indire c tly, disc lo se o r pe rmit its affiliate s o r re pre se nta tive s to disc lo se suc h info rmatio n to any o the r pe rso n o r re pro duc e this Pre se nta tio n in who le o r in pa rt, witho ut the prio r writte n c o nse nt o f Mo unta in Bo y Mine ra ls.
F ORWARD- L OOKING INF ORMAT ION T
his pre se nta tio n c o nta ins “fo rwa rd-lo o king sta te me nts” within the me aning o f a pplic a ble Cana dian se c uritie s re g ula tio ns. All sta te me nts
sta te me nts tha t invo lve va rio us risks and unc e rta intie s. T he re c an b e no a ssura nc e tha t suc h sta te me nts will pro ve to b e ac c ura te and future e ve nts and ac tual re sults c o uld diffe r ma te rially fro m tho se antic ipa te d in suc h sta te me nts. I mpo rtant fac to rs tha t c o uld c a use a c tual re sults to diffe r ma te rially fro m o ur e xpe c ta tio ns a s we ll a s a c o mpre he nsive list o f risk fa c to rs a re disc lo se d in the Co mpany’ s do c ume nts file d fro m time to time via SE DAR with the Cana dian re g ula to ry a g e nc ie s to who se po lic ie s we a re b o und. F
to upda te fo rwa rd-lo o king sta te me nts sho uld c o nditio ns o r o ur e stima te s c hang e , o the r than a s re q uire d b y law and re a de rs a re furthe r a dvise d no t to plac e undue re lia nc e o n fo rwa rd-lo o king sta te me nts. Altho ug h the Co mpany ha s a tte mpte d to ide ntify impo rtant fac to rs tha t c o uld c a use a c tual re sults to diffe r ma te rially fro m tho se c o nta ine d in fo rwa rd-lo o king sta te me nts, the re ma y b e o the r fa c to rs tha t c a use re sults no t to b e a s a ntic ipa te d, e stima te d o r inte nde d. T he re c an b e no a ssura nc e tha t suc h sta te me nts will pro ve to b e ac c ura te , a s ac tual re sults and future e ve nts c o uld diffe r ma te rially fro m tho se antic ipa te d in suc h state me nts. Ac c o rding ly, re a de rs sho uld no t plac e undue re lianc e o n fo rwa rd-lo o king sta te me nts. T he Co mpany do e s no t unde rta ke to upda te a ny fo rwa rd-lo o king sta te me nts tha t a re c o nta ine d he re in, e xc e pt in ac c o rdanc e with a pplic able se c uritie s la ws.
QUAL IT Y ASSOURANCE / QUAL IT Y CONT ROL
T he te c hnic al info rma tio n in this pre se nta tio n ha s b e e n pre pa re d in ac c o rdanc e with Cana dian re g ula to ry re q uire me nts a s se t o ut in Na tio nal I nstrume nt 43-101, a nd re vie we d b y the Co mpany's q ua lifie d pe rso n, Andre w Wilkins, B.Sc ., P.Ge o .,
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T SX- V: MT B Shar e Pr ic e $0.60 Issue d & Outstanding ~ 49M F ully Dilute d ~58M Mar ke t Cap. $29M www.mountainboymine r als.c a Inside r Owne r ship = 20% $3.25M F inanc ing c lose d in July – E r ic Spr
e plac e me nt
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F
str ate gic ally loc ate d pr
Br itish Columbia’s pr
r iangle
he Go lde n T ria ng le is o ne o f the mo st ric hly mine ra lize d a re a s o n the pla ne t, ho sting la rg e de po sits o f g o ld, silve r a nd c o ppe r.
sta b lishe d infra struc ture : Ro a d, de e p-wa te r po rt & po we r.
wo mine s c urre ntly o pe ra ting in the Go lde n T ria ng le - a no the r o n the wa y:
e a sib ility Study: re se rve s o f 1.2 mil o z Au, 4 mil o z Ag )3
e a sib ility Stud y NI 43-101 T e c hnic a l Re po rt, Ma y 22, 2020
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Pote ntial for gold- silve r de posits similar in sc ale to the adjac e nt Pr e mie r Camp.
la rg e la nd pa c ka g e inc o rpo ra ting nume ro us histo ric sho wing s a nd c ro wn g ra nts.
g e o lo g ic a l syste m.
simila ritie s to the Pre mie r Ca mp.
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Ame r ic an Cr e e k offe r s MT B shar e holde r a Pr e mie r
tunity
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Asc ot is foc use d on r e - star ting the past- pr
e mie r Gold Mine nor th of Ste war t:
millio n o z g o ld a nd 45 millio n o z silve r.
6.2 Mt @ 5.9 g / t g o ld a nd 19.7 g / t silve r with e xplo ra tio n upside .*
(pro c e ssing fa c ility, hydro -po we r pla nt, ta iling s fa c ility) = lo we r initia l c a pita l c o st a nd fa st-tra c k to pro duc tio n.
he Pre mie r mine ra l de po sits a re inte rme dia te sulfida tio n e pithe rma l g o ld-silve r syste ms with sub sidia ry b a se me ta ls (the sa me a s Ame ric a n Cre e k).
(*) R, AAsc o t Npril 15, 2020
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MT B’s Ame r ic an Cr e e k Pr
is within 6.4 kilome tr e s of the Pr e mie r mill and 3.4 kilome tr e s fr
i de posit
MT B pro pe rty
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Oppor tunity ge ne r ate d by c onsolidating a 2,600 he c tar e , str ate gic ally loc ate d land pac kage with nume r
alize d zone s
B to fo llo w up this ye a r!
xte nsio n o f MB Silve r Mine :
B to drill this ye a r!
P the n drilling this ye a r!
(1) NR Ja n 30-07 (2) NR Ja n14-20
F ir st e ve r c ompr e he nsive look le ading to the r e c ognition of the pr
ty as one big syste m, r e sulting in a ge ologic al mode l similar to the ne ighbor ing Pr e mie r Camp.
Dr ill tar ge t ar e as
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F ully funde d e xplor ation pr
am is unde r way:
urthe r da ta re vie w, g e o lo g ic a l ma pping a nd struc tura l inte rpre ta tio n
iDa r surve y
nduc e d po la riza tio n (I P) surve y
Pha se 1 is inte nde d to re fine drill ta rg e ts fo r the drill pro g ra m in 2020
Phase 2 dr ill pr
am slate d to be gin in Se pte mbe r
e s planne d
ge t ar e as to be te ste d on Ame r ic an Cr e e k
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c o ntinuity o f mine ra liza tio n a lo ng strike a nd a t de pth
ill assays r e tur ne d 5.2 kilogr ams silve r
fo llo we d up
ig ht ma ppe d ve ins a nd five histo ric a dits
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he ve ins a re inte rpre te d to b e pa rt o f the sa me syste m a s the MB Silve r Mine lo c a te d 2 km so uth
a vo ura b le re sults o n this ta rg e t will de mo nstra te la rg e sc a le po te ntia l
he re a re 15 disc o ve re d ve in o c c urre nc e s within the Do ro thy pro pe rty
drill te ste d
0.37% Cu, 1.60% Pb, 0.16% Zn and 260.8g/ t silve r (sample 27457). 0.94% Cu, 25.33% Pb, 4.97% Zn and 76.0g/ t silve r (sample 584829). 0.43% Cu, 4.81% Pb, 1.75% Zn and > 300g/ t silve r (sample 584823). Sample 27460 is a 50c m c hanne l sample r e tur ne d 1.77% Cu, 19.57% Pb, 5.16% Zn and 113.3g/ t silve r .
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ate s at le ast two mine r alizing e ve nts on Ame r ic an Cr e e k
nte rpre te d to b e a yo ung e r struc tura lly c o ntro lle d pha se o f mine ra liza tio n
strike le ng th, o pe n in a ll dire c tio ns
fac e sample r e sults inc lude :
,
g o ld a nd b a se me ta ls.
B vie ws ta rg e t to b e a na lo g o us to Asc o t’ s Silve r Hills ta rg e t lo c a te d 4km’ s e a st
(1) NR Ja n14-20
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Ame r ic an Cr e e k 2020 Pr
am
illing at Ame r ic an Cr e e k = 3 shots at an impor tant disc ove r y
illing inte nde d to c onfir m the ge ologic al mode l that fur the r c onfir ms Ame r ic an Cr e e k c amp silve r
ate gic ally loc ate d in BC’s Golde n tr iangle
b e twe e n Pre tium & Asc o t
wo o the r pro je c ts will b e a dva nc e d
a rg e Silve r ric h VHMS ta rg e t
Mine r alizatio n is inte r pr e te d to o c c ur within the same age d ho r izo n that ho sts the E skay Cr e e k de po sit SC adjac e nt to T
e e k – r e c e ntly o ptio ne d 51% fo r $15M in wo r k plus $1M c ash (se e AWX.V ne ws r e le ase July 9th, 2020)
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CONT ACT US
Na nc y Curry, VP Co rpo ra te De ve lo pme nt: nc urry@ mo unta inb o ymine ra ls.c a L uc ia T he ny, VP E xplo ra tio n: lthe ny@ mo unta inb o ymine ra ls.c a L a wre nc e Ro ulsto n, Pre side nt: lro ulsto n@ mo unta inb o ymine ra ls.c a
T SX- V: MT B www.mountainboymine r als.c a
F OL L OW US
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MARK T . BROWN, DI
RE CT OR
a nd mining e xpe rie nc e
le me nt Re so urc e s L
$500 millio n c o mpa ny BE N WHIT ING P.Ge o ., F
SE G, K StG , DI RE CT OR
g o ve rnme nt a g e nc ie s & the Wo rld Ba nk
xplo re r o f the Ye a r" fo r his ro le in the disc o ve ry
a Pre c io sa Silve r-Go ld De po sit WINNIE WONG CF
O
ina nc ial Offic e r a nd Dire c to r o f se le c t mining industry c o mpanie s
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RE NE BE RNARD, DI
RE CT OR
a nd c o mme rc ial re a l e sta te c o mpany
re so urc e c o mpanie s a s Dire c to r, Cha irma n, Pre side nt. RON CANNAN, DI
RE CT OR
e xpe rie nc e in he lping sma ll b usine sse s
Pa rlia me nt in Otta wa a nd a s a City Co unc ilo r
inc luding F irst Na tio ns NANCY CURRY, VP CORPORAT
E DE VE L OPME NT
inve stme nt de a le rs; a nd stra te g ic pla nning , ma rke ting a nd ma nag e me nt o f pub lic c o mpanie s
fo r Be st Inve sto r Re la tio ns L UCIA T HE NY, M.Sc ., VP E
XPL ORAT I ON
g e o lo g ist with e xpe rie nc e in b a se a nd pre c io us me ta l e xplo ra tio n – ma jo rity o f c a re e r fo c use d in BC’ s Go lde n T ria ng le
xpe rie nc e with se ve ra l de po sit type s inc luding SE DE X, po rphyry, e pithe rmal, ska rn, se dime nt ho ste d, intrusio n re la te d a nd vo lc a no g e nic ho ste d ma ssive sulphide (VHMS) L AWRE NCE ROUL ST ON, PRE
SI DE NT AND CE O.
fo rme r ne wsle tte r e dito r
mid-size d a nd junio r c o s
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Mode r n e xplor ation te c hnique s and gr
for be tte r inte r pr e tations and pote ntial for lar ge r disc ove r ie s.
e s nor th of the de e pwate r por t & town of Ste war t, B.C.
fr
e wor ke r s
ty
am fully funde d
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Vie w lo o king we st
T he ge ologic al mode l holds that the var ious mine r alize d oc c ur r e nc e s ar e sur fac e e xpr e ssions of a lar ge r ge ologic al syste m with multiple phase s of mine r alization
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wo style s of mine r a liza tion ide ntifie d:
1. Jura ssic e pithe rma l mine ra liza tio n - c o nfirme d E a rly Jura ssic intrusio n a t Ame ric a n Cre e k (a na lo g o us to the Pre mie r Po rphyry) a s we ll a s g e o c hro n d a ta fro m MB Silve r sho wing d a te s tha t c luste r with d a te s fro m the Pre mie r a nd Big Misso uri d e po sits 2. Struc tura lly c o ntro lle d g o ld -silve r mine ra liza tio n inte rpre te d to b e re la te d to Pa le o c e ne (yo ung e r) d yke swa rms
vide nc e of hig h-g r a de pote ntia l:
2006 d rill re sults (5.2 kg / t silve r o ve r 5 me te rs).
me tre s. (*)
vide nc e of size pote ntia l:
pithe rma l syste m ma ppe d > 2 kilo me tre s to the no rth o f MB silve r
(*) L . Dic k, Na tio na l I nstrume nt 43-101 F 1 T e c hnic a l Re po rt o n the Re d Cliff Pro pe rty, B.C., 2014, DDH ho le No . 2011-MON-11 18
Ge olog ic a l mode l supporte d by 2 ye a rs of work by le a ding e xpe rts
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he Bar bar a zone : r e sults of 178 dr ill hole s c onfir m the pr e se nc e of an e xte nsive VHMS silve r
zinc de posit.
ill r e sults fr
bar a zone inc lude 3.05m of 1,215 g/ t silve r (DDH BA- 2007- 01).
izon oc c ur s thr
ty with at le ast 9 zone s r e maining to be te ste d.
r e nc e s inc lude Ge or ge Coppe r whe r e histor ic wor k by a major
alization gr ading 2% c oppe r .
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Mine r alizatio n is inte r pr e te d to o c c ur within the same age d ho r izo n that ho sts the E skay Cr e e k de po sit.
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An e xte nsive m ine ra lize d distric t ho sting m ultiple VHMS o c c urre nc e s ha s be e n o utline d by ye a rs
B g e o lo g ic a l te a m . VHMS DEPO SIT S C AN BE HIG H- G RADE AND O FT EN O C C UR IN C L UST ERS, MAKING T HE SURPRISE C REEK T ARG ET HIG HL Y PRO SPEC T IVE
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ite r ic h, polyme tallic and pr e c ious me tal VHMS pr
th of Hwy 37A.
ill tar ge ts de fine d for the Ataman Zone :
ill pe r mit in plac e .
Vie w to the so uth lo o king at the Ataman Z
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tha t ha ve ne ve r b e e n e xplo re d.
a st re c o rde d e xplo ra tio n, in 1990, pro duc e d sa mple s tha t a ssa ye d up to 13.58% c o ppe r* with e nc o ura g ing va lue s o f le a d, zinc , g o ld a nd silve r (*BC Asse ssme nt Re po rt 21008).
he pro pe rty ha s po te ntia l fo r pre c io us me ta l ve ins, ska rn a nd VHMS-style mine ra liza tio n.
he c o mple te d po rtio n o f the Ga lo re Cre e k a c c e ss ro a d is within 10 km o f MT B c la ims
nitia l MT B fie ld wo rk c o nfirme d the histo ric sho wing s a nd ide ntifie d ne w zo ne s o f inte re st, inc luding a la rg e zo ne o f inte nse hydro the rma l a lte ra tio n.
me ta l a ssa ys de mo nstra te mine ra liza tio n o ve r a n e xte nsive a re a .
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