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EXPLORING B.C.’s PROLIFIC
GOLDEN TRIANGLE
TSX-V: MTB www.mountainboyminerals.ca CORPORATE PRESENTATION July 2020
GOLDEN TRIANGLE July 2020 TSX-V: MTB www.mountainboyminerals.ca - - PowerPoint PPT Presentation
EXPLORING B.C.s PROLIFIC CORPORATE PRESENTATION GOLDEN TRIANGLE July 2020 TSX-V: MTB www.mountainboyminerals.ca TSX-V: MTB 1 DISCLAIMER THIS MANAGEMENT PRESENTATION (THE "PRESENTATION") WAS PREPARED AS A SUMMARY OVERVIEW ONLY OF
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TSX-V: MTB www.mountainboyminerals.ca CORPORATE PRESENTATION July 2020
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THIS MANAGEMENT PRESENTATION (THE "PRESENTATION") WAS PREPARED AS A SUMMARY OVERVIEW ONLY OF THE CURRENT AFFAIRS OF MOUNTAIN BOY MINERALS .(”MOUNTAIN BOY" OR THE "COMPANY") AND WAS NOT PREPARED FOR THE PURPOSE OF ASSISTING PROSPECTIVE INVESTORS IN MAKING A DECISION TO INVEST IN MOUNTAIN BOY. MOUNTAIN BOY DOES NOT MAKE ANY REPRESENTATION AS TO THE COMPLETENESS, TRUTH OR ACCURACY OF THE INFORMATION CONTAINED IN THIS PRESENTATION. THE COMPANY EXPRESSLY WARNS READERS NOT TO RELY ON THE INFORMATION HEREIN FOR INVESTMENT OR OTHER RELATED PURPOSES. ACCORDINGLY, ANY USE OF THIS INFORMATION IS AT YOUR RISK AND WITHOUT LIABILITY TO THE COMPANY. THE INFORMATION CONTAINED HEREIN IS NOT AND SHOULD NOT BE CONSTRUED AS EITHER A PUBLIC OR PRIVATE OFFER OR SOLICITATION TO PURCHASE SECURITIES IN THE CAPITAL STOCK OF MOUNTAIN BOY MINERALS. THE READER IS REFERRED TO HIS/HER PROFESSIONAL INVESTMENT ADVISOR REGARDING INVESTMENT RELATED DECISIONS RESPECTING THE SECURITIES OF THE COMPANY. 2 CONFIDENTIALITY This Presentation is confidential and the contents are not to be reproduced or distributed to the public or the press. Securities legislation in all provinces and territories prohibits such unauthorized distribution of information. Each recipient of the information contained in this Presentation will treat such information in a confidential manner and will not, directly or indirectly, disclose or permit its affiliates or representatives to disclose such information to any other person or reproduce this Presentation in whole or in part, without the prior written consent of Mountain Boy Minerals. FORWARD-LOOKING INFORMATION This presentation contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All statements
statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations as well as a comprehensive list of risk factors are disclosed in the Company’s documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are
to update forward-looking statements should conditions or our estimates change, other than as required by law and readers are further advised not to place undue reliance on forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws. QUALITY ASSOURANCE/QUALITY CONTROL The technical information in this presentation has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's qualified person, Andrew Wilkins, B.Sc., P.Geo.,
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TSX-V: MTB Share Price $0.40 Issued & Outstanding ~ 49M Fully Diluted ~57M Market Cap. $19.6M www.mountainboyminerals.ca Insider Ownership = 20% $3.25M Financing closed in July – Eric Sprott 1M share placement
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Four strategically located projects in British Columbia’s prolific Golden Triangle
§ The Golden Triangle is one of the most richly mineralized areas on the planet, hosting large deposits of gold, silver and copper. § British Columbia is politically stable & a proven mining jurisdiction. § Established infrastructure: Road, deep-water port & power. § Two mines currently operating in the Golden Triangle - another on the way: § Brucejack (reserves of 4.2 mil oz Au, 30.1 mil oz Ag)1 § Red Chris (reserves of 2.38 bil lbs Cu, 2.66 mil oz Au) 2 § Premier (Feasibility Study: reserves of 1.2 mil oz Au, 4 mil oz Ag)3
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Potential for gold-silver deposits similar in scale to the adjacent Premier Camp.
§ Opportunity generated by consolidation of
large land package incorporating numerous historic showings and crown grants.
§ Recognizing the package as one large
geological system.
§ Geological model suggests strong similarities
to the Premier Camp.
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American Creek offers MTB shareholder a Premier opportunity
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Ascot is focused on re-starting the past- producing Premier Gold Mine north of Stewart:
million oz gold and 45 million oz silver.
6.2 Mt @ 5.9 g/t gold and 19.7 g/t silver with exploration upside.*
(processing facility, hydro-power plant, tailings facility) = lower initial capital cost and fast-track to production.
sulfidation epithermal gold-silver systems with subsidiary base metals (the same as American Creek).
(*) R, AAscot Npril 15, 2020
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MTB’s American Creek Project is within 6.4 kilometres of the Premier mill and 3.4 kilometres from the Big Missouri deposit
MTB property
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Opportunity generated by consolidating a 2,600 hectare, strategically located land package with numerous mineralized zones
(1) NR Jan 30-07 (2) NR Jan14-20
First ever comprehensive look leading to the recognition of the property as one big system, resulting in a geological model similar to the neighboring Premier Camp.
Drill target areas
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Fully funded exploration program is underway:
structural interpretation
Phase 1 is intended to refine drill targets for the drill program in 2020 Phase 2 drill program slated to begin in September
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continuity of mineralization along strike and at depth
silver over 5 metres (1) and never followed up
adits
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system as the MB Silver Mine located 2 km south
large scale potential
the Dorothy property
drill tested
0.37% Cu, 1.60% Pb, 0.16% Zn and 260.8g/t silver (sample 27457). 0.94% Cu, 25.33% Pb, 4.97% Zn and 76.0g/t silver (sample 584829). 0.43% Cu, 4.81% Pb, 1.75% Zn and > 300g/t silver (sample 584823). Sample 27460 is a 50cm channel sample returned 1.77% Cu, 19.57% Pb, 5.16% Zn and 113.3g/t silver.
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mineralizing events on American Creek
controlled phase of mineralization
strike length, open in all directions
gold and base metals.
Silver Hills target located 4km’s east
(1) NR Jan14-20
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American Creek 2020 Program
important discovery
model that further confirms American Creek camp silver-gold potential
between Pretium & Ascot
target
Mineralization is interpreted to occur within the same aged horizon that hosts the Eskay Creek deposit SC adjacent to Todd Creek – recently optioned 51% for $15M in work plus $1M cash (see AWX.V news release July 9th, 2020)
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CONTACT US
Nancy Curry, VP Corporate Development: ncurry@mountainboyminerals.ca Lucia Theny, VP Exploration: ltheny@mountainboyminerals.ca Lawrence Roulston, President: lroulston@mountainboyminerals.ca TSX-V: MTB www.mountainboyminerals.ca
FOLLOW US
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MARK T. BROWN, DIRECTOR
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Mining industry executive with over 25 years of financial and mining experience
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Active in the several successful exploration companies
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Founded Rare Element Resources Ltd. and built it into a $500 million company
BEN WHITING P.Geo., FSEG, KStG, DIRECTOR
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40 years of experience in the international mining industry
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acted as a special advisor on mining industry matters to government agencies & the World Bank
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2008 IAC "Explorer of the Year" for his role in the discovery
WINNIE WONG CFO
§ Chief Financial Officer and Director of select mining industry companies § Chartered Professional Accountant and CA § qualified while working with Deloittes 15
RENE BERNARD, DIRECTOR
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Managing shareholder of a privately-owned residential and commercial real estate company
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Involved in the management of several publicly traded resource companies as Director, Chairman, President.
RON CANNAN, DIRECTOR
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Business consultant with more than 30 years of experience in helping small businesses
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Served 18 years in public office as a Member of Parliament in Ottawa and as a City Councilor
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Government operations and public policy development including First Nations
NANCY CURRY, VP CORPORATE DEVELOPMENT
§ 25 years experience: financial markets with national investment dealers; and strategic planning, marketing and management of public companies § VP Corp Dev for a company that was nominated twice for Best Investor Relations
LUCIA THENY, M.Sc., VP EXPLORATION
§ Worldwide experience - structural and economic geologist with experience in base and precious metal exploration – majority of career focused in BC’s Golden Triangle § Experience with several deposit types including SEDEX, porphyry, epithermal, skarn, sediment hosted, intrusion related and volcanogenic hosted massive sulphide (VHMS)
LAWRENCE ROULSTON, PRESIDENT AND CEO.
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40 years mining industry experience
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Investment management / analyst experience and former newsletter editor
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Started with a major, then worked as an executive with mid-sized and junior cos
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Modern exploration techniques and ground consolidation allow for better interpretations and potential for larger discoveries.
§ Located 20 kilometres north of
the deepwater port & town of Stewart, B.C.
§ Close to a Nisga’a community,
from which we hire workers
§ Road access to the property § 2020 program fully funded
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View looking west
The geological model holds that the various mineralized occurrences are surface expressions of a larger geological system with multiple phases of mineralization
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§ Two styles of mineralization identified:
1. Jurassic epithermal mineralization - confirmed Early Jurassic intrusion at American Creek (analogous to the Premier Porphyry) as well as geochron data from MB Silver showing dates that cluster with dates from the Premier and Big Missouri deposits 2. Structurally controlled gold-silver mineralization interpreted to be related to Paleocene (younger) dyke swarms
§ Evidence of high-grade potential:
2006 drill results (5.2 kg/t silver over 5 meters).
§ Evidence of size potential:
(*) L. Dick, National Instrument 43-101 F1 Technical Report on the Red Cliff Property, B.C., 2014, DDH hole
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Geological model supported by 2 years of work by leading experts
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§ The Barbara zone: results of 178 drill holes confirm
the presence of an extensive VHMS silver-lead- zinc deposit.
§ Drill results from the Barbara zone include 3.05m of
1,215 g/t silver (DDH BA-2007-01).
§ Prospective horizon occurs throughout the
property with at least 9 zones remaining to be tested.
§ Other occurrences include George Copper where
historic work by a major outlined mineralization grading 2% copper.
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Mineralization is interpreted to occur within the same aged horizon that hosts the Eskay Creek deposit.
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An extensive mineralized district hosting multiple VHMS occurrences has been outlined by years
VHMS DEPOSITS CAN BE HIGH-GRADE AND OFTEN OCCUR IN CLUSTERS, MAKING THE SURPRISE CREEK TARGET HIGHLY PROSPECTIVE
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§ Ataman Zone hosts a barite rich, polymetallic and
precious metal VHMS prospect.
§ Project is road accessible, just north of Hwy 37A. § Drill targets defined for the Ataman Zone:
View to the south looking at the Ataman Zone
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§ Receding glaciers have opened up large areas
that have never been explored.
§ Last recorded exploration, in 1990, produced
samples that assayed up to 13.58% copper* with encouraging values of lead, zinc, gold and silver (*BC Assessment Report 21008).
§ The property has potential for precious metal
veins, skarn and VHMS-style mineralization.
§ Near infrastructure:
access road is within 10 km of MTB claims
§ Initial MTB field work confirmed the historic
showings and identified new zones of interest, including a large zone of intense hydrothermal alteration.
§ Samples with multi-gram gold and strong base
metal assays demonstrate mineralization over an extensive area.
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