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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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SLIDE 1

T SX- V: MT B

1

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

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SLIDE 2

T SX- V: MT B

DISCL AIMER

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

  • ION. T

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

  • S. ACCORDINGL

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

  • COMPANY. T

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

  • S. T

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

  • the r than sta te me nts o f histo ric al fac t he re in, inc luding , witho ut limita tio n, sta te me nts re g a rding e xplo ra tio n pla ns and o the r future plans and o b je c tive s, a re fo rwa rd-lo o king

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

  • rwa rd-lo o king sta te me nts a re b a se d o n the e stima te s a nd o pinio ns o f mana g e me nt o n the da te the sta te me nts a re ma de , a nd we do no t unde rta ke any o blig a tio n

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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SLIDE 3

T SX- V: MT B

CAPIT AL ST RUCT URE

3

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

  • tt 1M shar

e plac e me nt

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SLIDE 4

T SX- V: MT B

4

A Silve r

  • Gold Disc ove r

y Stor y

Mo unta in Bo y pla ns to drill a silve r-g o ld pro je c t whe re c o mpe lling e vide nc e po ints to the po te ntia l o f a la rg e -sc a le de po sit. A hig hly q ua lifie d g e o lo g ic a l te a m spe nt two ye a rs wo rking o n the pro je c t a fte r c o mpiling a we a lth o f histo ric info rma tio n. T his re c e ntly c o nso lida te d pro pe rty inc lude s a n e xc e ptio na lly ric h histo ric silve r mine whe re e a rlie r drilling hit 5200 g / t silve r

  • ve r 5 me te rs.

T he pla nne d drill pro g ra m will fo llo w up o n tha t b o na nza ho le ; it will te st the e xte nsio n o f the ve ins

  • nto ne wly a c q uire d pro pe rty; a nd it will te st a

ne w disc o ve ry – whe re sa mple s inc lude 1200 g / t silve r a nd 28 g / t g o ld.

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SLIDE 5

T SX- V: MT B

5

F

  • ur

str ate gic ally loc ate d pr

  • je c ts in

Br itish Columbia’s pr

  • lific Golde n T

r iangle

  • T

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.

  • British Co lumb ia is po litic a lly sta b le & a pro ve n mining jurisdic tio n.
  • E

sta b lishe d infra struc ture : Ro a d, de e p-wa te r po rt & po we r.

  • T

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:

  • Bruc e ja c k (re se rve s o f 4.2 mil o z Au, 30.1 mil o z Ag )1
  • Re d Chris (re se rve s o f 2.38 b il lb s Cu, 2.66 mil o z Au) 2
  • Pre mie r (F

e a sib ility Study: re se rve s o f 1.2 mil o z Au, 4 mil o z Ag )3

  • 1. Pre tium we b site , 2020 2. Impe rial Me ta ls we b site 2020
  • 3. Asc o t: F

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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SLIDE 6

T SX- V: MT B

Ame ric a n Cre e k

Pote ntial for gold- silve r de posits similar in sc ale to the adjac e nt Pr e mie r Camp.

  • Oppo rtunity g e ne ra te d b y c o nso lida tio n o f

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.

  • Re c o g nizing the pa c ka g e a s o ne la rg e

g e o lo g ic a l syste m.

  • Ge o lo g ic a l mo de l sug g e sts stro ng

simila ritie s to the Pre mie r Ca mp.

6

Ame r ic an Cr e e k offe r s MT B shar e holde r a Pr e mie r

  • ppor

tunity

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SLIDE 7

T SX- V: MT B

PREMIER O PPO RT UNIT Y

Asc ot is foc use d on r e - star ting the past- pr

  • duc ing Pr

e mie r Gold Mine nor th of Ste war t:

  • Histo ric a l pro duc tio n (1918 -1996) a t Pre mie r - 2

millio n o z g o ld a nd 45 millio n o z silve r.

  • Curre nt pro ve n a nd pro b a b le re se rve s:

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 .*

  • Ro a d a c c e ss + histo ric mining infra struc ture

(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.

  • T

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

7

MT B’s Ame r ic an Cr e e k Pr

  • je c t

is within 6.4 kilome tr e s of the Pr e mie r mill and 3.4 kilome tr e s fr

  • m the Big Missour

i de posit

MT B pro pe rty

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SLIDE 8

T SX- V: MT B

AMERICAN CREEK O PPO RT UNIT Y

8

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

  • us mine r

alize d zone s

  • Histo ric Mo unta in Bo y (MB) Silve r Mine :
  • 5.2 kilog ra ms silve r drille d (1) a nd ne ve r fo llo we d up
  • MT

B to fo llo w up this ye a r!

  • Do ro thy – E

xte nsio n o f MB Silve r Mine :

  • multiple silve r-g o ld ve ins a t surfa c e b ut ne ve r drille d;
  • MT

B to drill this ye a r!

  • Silve r Cro wn – ne w g o ld disc o ve ry:
  • surfa c e sa mple s: 28.5g / t g o ld & 1,200 g / t silve r (2)
  • pla n to do I

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

  • pe r

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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SLIDE 9

T SX- V: MT B

MO DEL T O BE T EST ED IN 2020 PERMIT IN PL ACE

F ully funde d e xplor ation pr

  • gr

am is unde r way:

  • F

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

  • L

iDa r surve y

  • I

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

  • gr

am slate d to be gin in Se pte mbe r

  • 4000 me tr

e s planne d

  • 3 tar

ge t ar e as to be te ste d on Ame r ic an Cr e e k

9

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SLIDE 10

T SX- V: MT B

T ARG ET 1: MB SIL VER MINE

  • Pro ve n histo ric hig h-g ra de silve r mine
  • Drilling is de sig ne d to te st a nd c o nfirm

c o ntinuity o f mine ra liza tio n a lo ng strike a nd a t de pth

  • 2006 dr

ill assays r e tur ne d 5.2 kilogr ams silve r

  • ve r 5 me tre s (1) a nd ne ve r

fo llo we d up

  • E

ig ht ma ppe d ve ins a nd five histo ric a dits

  • (1)NR Ja n 30-07

10

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SLIDE 11

T SX- V: MT B

T ARG ET 2: DO RO T HY VEINS

  • T

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

  • F

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

  • T

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

  • Ve ins o n the Do ro thy o ptio n ha ve ne ve r b e e n

drill te ste d

  • Gra b a nd c ha nne l sa mple hig hlig hts inc lude :

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 .

11

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SLIDE 12

T SX- V: MT B

T ARG ET 3: WO L FMO O N ZO NE

  • Disc o ve re d in 2019 - De monstr

ate s at le ast two mine r alizing e ve nts on Ame r ic an Cr e e k

  • I

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

  • Mine ra lize d struc ture ma ppe d o ve r 450 me tre s

strike le ng th, o pe n in a ll dire c tio ns

  • Sur

fac e sample r e sults inc lude :

  • 28.5g/ t gold & 133 g/ t silve r

,

  • 1,200 g/ t silve r & 3.5 g/ t gold(1)
  • Ve ins within the ta rg e t ho st hig h g ra de silve r,

g o ld a nd b a se me ta ls.

  • MT

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

12

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SLIDE 13

T SX- V: MT B

MT B O pportunity

Ame r ic an Cr e e k 2020 Pr

  • gr

am

  • Dr

illing at Ame r ic an Cr e e k = 3 shots at an impor tant disc ove r y

  • Dr

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

  • gold pote ntial
  • Str

ate gic ally loc ate d in BC’s Golde n tr iangle

b e twe e n Pre tium & Asc o t

  • T

wo o the r pro je c ts will b e a dva nc e d

  • BA & Surprise Cre e k: L

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

  • dd Cr

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)

13

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SLIDE 14

T SX- V: MT B

14

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

slide-15
SLIDE 15

T SX- V: MT B

MANAG EMENT T EAM

MARK T . BROWN, DI

RE CT OR

  • Mining industry e xe c utive with o ve r 25 ye a rs o f fina nc ial

a nd mining e xpe rie nc e

  • Ac tive in the se ve ra l suc c e ssful e xplo ra tio n c o mpa nie s
  • F
  • unde d Ra re E

le me nt Re so urc e s L

  • td. a nd b uilt it into a

$500 millio n c o mpa ny BE N WHIT ING P.Ge o ., F

SE G, K StG , DI RE CT OR

  • 40 ye a rs o f e xpe rie nc e in the inte rna tio nal mining industry
  • a c te d a s a spe c ia l a dviso r o n mining industry ma tte rs to

g o ve rnme nt a g e nc ie s & the Wo rld Ba nk

  • 2008 IAC "E

xplo re r o f the Ye a r" fo r his ro le in the disc o ve ry

  • f the g ia nt L

a Pre c io sa Silve r-Go ld De po sit WINNIE WONG CF

O

  • Chie f F

ina nc ial Offic e r a nd Dire c to r o f se le c t mining industry c o mpanie s

  • Cha rte re d Pro fe ssio nal Ac c o unta nt a nd CA
  • q ua lifie d while wo rking with De lo itte s

15

RE NE BE RNARD, DI

RE CT OR

  • Ma na g ing sha re ho lde r o f a priva te ly-o wne d re side ntia l

a nd c o mme rc ial re a l e sta te c o mpany

  • Invo lve d in the ma nag e me nt o f se ve ra l pub lic ly tra de d

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

  • Busine ss c o nsulta nt with mo re tha n 30 ye a rs o f

e xpe rie nc e in he lping sma ll b usine sse s

  • Se rve d 18 ye a rs in pub lic o ffic e a s a Me mb e r o f

Pa rlia me nt in Otta wa a nd a s a City Co unc ilo r

  • Go ve rnme nt o pe ra tio ns a nd pub lic po lic y de ve lo pme nt

inc luding F irst Na tio ns NANCY CURRY, VP CORPORAT

E DE VE L OPME NT

  • 25 ye a rs e xpe rie nc e : fina nc ia l ma rke ts with na tio nal

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

  • VP Co rp De v fo r a c o mpany tha t wa s no minate d twic e

fo r Be st Inve sto r Re la tio ns L UCIA T HE NY, M.Sc ., VP E

XPL ORAT I ON

  • Wo rldwide e xpe rie nc e - struc tura l a nd e c o no mic

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

  • E

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.

  • 40 ye a rs mining industry e xpe rie nc e
  • Inve stme nt ma na g e me nt / a na lyst e xpe rie nc e a nd

fo rme r ne wsle tte r e dito r

  • Sta rte d with a ma jo r, the n wo rke d a s a n e xe c utive with

mid-size d a nd junio r c o s

slide-16
SLIDE 16

T SX- V: MT B

ST EWART AREA PRO JECT S

Mode r n e xplor ation te c hnique s and gr

  • und c onsolidation allow

for be tte r inte r pr e tations and pote ntial for lar ge r disc ove r ie s.

  • L
  • c ate d 20 kilome tr

e s nor th of the de e pwate r por t & town of Ste war t, B.C.

  • Close to a Nisga’a c ommunity,

fr

  • m whic h we hir

e wor ke r s

  • Road ac c e ss to the pr
  • pe r

ty

  • 2020 pr
  • gr

am fully funde d

16

slide-17
SLIDE 17

T SX- V: MT B

17

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

slide-18
SLIDE 18

T SX- V: MT B

AMERICAN CREEK CAMP

  • T

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

  • E

vide nc e of hig h-g r a de pote ntia l:

  • Histo ric hig h-g ra d e mine ra liza tio n fro m the MB Silve r mine a nd

2006 d rill re sults (5.2 kg / t silve r o ve r 5 me te rs).

  • Drill re sults o n the a d ja c e nt pro pe rty inc lud e 43 g / t g o ld o ve r 7

me tre s. (*)

  • Wo lfmo o n d isc o ve ry (sa mple s with 1200 g / t silve r a nd 28 g / t g o ld ).
  • E

vide nc e of size pote ntia l:

  • E

pithe rma l syste m ma ppe d > 2 kilo me tre s to the no rth o f MB silve r

  • wid e o pe n a lo ng strike a nd a t d e pth
  • Wo lfmo o n Zo ne , 2.5 km so uthwe st o f MB silve r:
  • zo ne ma ppe d o ve r 450 me te rs, o pe n a lo ng strike a nd d e pth.

(*) 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

slide-19
SLIDE 19

T SX- V: MT B T SX- V: MT B

BA: SIL VER RICH VHMS T ARG ET

  • T

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

  • le ad-

zinc de posit.

  • Dr

ill r e sults fr

  • m the Bar

bar a zone inc lude 3.05m of 1,215 g/ t silve r (DDH BA- 2007- 01).

  • Pr
  • spe c tive hor

izon oc c ur s thr

  • ughout the pr
  • pe r

ty with at le ast 9 zone s r e maining to be te ste d.

  • Othe r
  • c c ur

r e nc e s inc lude Ge or ge Coppe r whe r e histor ic wor k by a major

  • utline d mine r

alization gr ading 2% c oppe r .

19

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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SLIDE 20

T SX- V: MT B

SURPRISE CREEK: ENO RMO US EXPL O RAT IO N PO T ENT IAL

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

  • f wo rk, inc luding 2 ye a rs by the c urre nt MT

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

20

  • Ataman Zone hosts a bar

ite r ic h, polyme tallic and pr e c ious me tal VHMS pr

  • spe c t.
  • Pr
  • je c t is r
  • ad ac c e ssible , just nor

th of Hwy 37A.

  • Dr

ill tar ge ts de fine d for the Ataman Zone :

  • Dr

ill pe r mit in plac e .

Vie w to the so uth lo o king at the Ataman Z

  • ne
slide-21
SLIDE 21

T SX- V: MT B

SO UT HMO RE

  • Re c e ding g la c ie rs ha ve o pe ne d up la rg e a re a s

tha t ha ve ne ve r b e e n e xplo re d.

  • L

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).

  • T

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.

  • Ne a r infra struc ture :
  • Hig h vo lta g e po we rline a lo ng Hwy 37.
  • T

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

  • I

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.

  • Sa mple s with multi-g ra m g o ld a nd stro ng b a se

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 .

21