March 2019
Growing Gold Deposits in Val dOr Quebec March 2019 Alexandria - - PowerPoint PPT Presentation
Growing Gold Deposits in Val dOr Quebec March 2019 Alexandria - - PowerPoint PPT Presentation
Growing Gold Deposits in Val dOr Quebec March 2019 Alexandria Minerals is a Canadian gold exploration and development company focused on its premier property in Val dOr, Qubec 2 12 Months of Progress at West Cadillac Break 1.
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Alexandria Minerals
is a Canadian gold exploration and development company focused on its premier property in Val d’Or, Québec
12 Months of Progress at West Cadillac Break
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1. Completed 12,200 m of drilling for more than 35 holes; 2. Discovered new gold Bearing Zones on western Cadillac Break: Bulldog Zone and new Gold Zones South of Cadillac Fault;
- 3. High potential to increase Gold resources nearby Zone 4.
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Large land package; prime location Prolific mining region
- Political stability
- Infrastructure rich
- >100 million ounces
mined in the area
Val d’Or, Quebec: Infrastructure-Rich, Mining-Friendly
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Alexandria’s 35 km long Cadillac Break Property hosts 3 gold deposits and many prospects along an underexplored portion of the Cadillac Break
West Cadillac Break Target
West Cadillac Break Targets testing 5 km along the Orenada Zone 4 trend
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Near Surface Deposit at Orenada Zone 4 and Western Extension
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- Drilling focused on 0-300 metres depth
- Bulldog Zone: recent assays up to 10.9 g/t gold over 4.5 metres and 7.2 g/t
gold over 5.2 m
- Gold Bearing in Pontiac sediments: recent assays up to 5.3 g/t gold over 3.6
metres included in 2.0 g/t gold over 21.1 m
- the probable existence of Archean Porphyry Gold mineralization which has
very good similarities to the Canadian Malartic Mine.
- Low cost discovery: all-up costs of $18/ounce
- Easier & cheaper to explore
Current Resources from 2019
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Cut-off Tonnes Grade Gold (oz) Indicated Open Pit 0.4 g/t Au 3,563,000 1.54 g/t 176,085 Underground 2.0 g/t Au
191,000 3.00 g/t 18,437
Inferred Open Pit 0.4 g/t Au 1,470,000 1.38 g/t 65,118 Underground 2.0 g/t Au 609,000 3.12 g/t 61,141
Orenada Zone 2-4 near surface (2018) Other deposits Akasaba – Sleepy
Oz Gold Indicated 248,633 Inferred 558,299
Resource estimations: Orenada (Innovexplo, 2018), Akasaba and Sleepy (Geopointcom, Geologica, 2013 and 2014 respectively).
0 5cm
OAX-17-210
Building A New Gold Deposit
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Resources 2018 (43-101) Category Oz Gold Indicated 194,522 Inferred 126,259
New Discovery Bulldog Zone
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New Gold bearing in Pontiac Sediments
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2019 Drilling Program Planned
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- Planned 5,000 metres of drilling in winter 2019
- Target 1: Defining and expanding the new Bulldog Zone
- Target 2: Follow-up on new Gold Bearing in Pontiac Sediments
Target 1 Target 2
Next steps
Follow-up drilling to enlarge gold deposit in Val d’Or
- Confirme and enlarge the new Discovery Bulldog Zone.
- Identification of new targets south of the Cadillac Fault.
- Compilation of western Cadillac Break targets underway
- Ongoing interpretation, logging, geological and structural model; block model
and wire-frame development
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Summary of Highlights
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- Near term news: active exploration drill program
- Medium term goals: discovery to new resources
- Strong market comparables
- Efficient economics of shallow drilling
Alexandria Minerals Corporation
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Shares outstanding: 515,874,369 Shares fully diluted: 654,403,797 Market cap: $15.5 million 52-week range:
$0.02 - $0.10
Recent price: $0.030 Cash & current assets: ~$1,500,000 TSX-V: AZX FRANKFURT: A9D OTCQB: ALXDF
Strong partners Ownership:
- Management/insiders 7%
- Agnico Eagle 8%
- Eric Sprott 7%
- Teck 2%
- IAMGOLD 2%
- Gabelli 1%
- US Global, AIS, Dundee
Other funds and accredited investors
- wn ~30%
Who We Are Management
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WALTER HENRY Acting President & CEO
- Mr. Henry brings more than 25 years of capital
markets and leadership experience having served as CEO of 4 publicly traded junior companies while also serving as VP, Finance and CFO with several public companies listed on the TSX and TSX Venture Exchange, including Tiberon Minerals Ltd., Royal Nickel Corp., Juno Special Situations Corp., and Alturas Minerals Corp. PHILIPPE BERTHELOT Vice President Exploration Over 30 years experience in exploration, with focus in Québec, contribute to the discovery of the Langlois mine and building Desjardin Discovery Deposit and Lac Pelletier Gold deposit. MARIO A. MIRANDA CFO, BA,CA,MFIN Over 20 years in the domestic and international mining and energy industry with companies
- perating in exploration, development and
production stage including Kinross, Lakeshore Gold, Pacific Rubiales, Bolivar Gold and Coalcorp Mining as Director Financial Reporting, VP and CFO.
Discovering Mines of the Future
Who We Are Board of Directors
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PETER GUNDY Chairman of the Board
Extensive business and mining experience in finance, governance and operations Founder of PotashCorp, now a $20 billion company Founder of Neo Material Technologies, sold for $1.3 billion
WALTER HENRY Director
Acting President and CEO, Alexandria Minerals Corp. President and CEO, Frontline Gold Corp 25+ years experience in finance and mining including CIBC, BNP Paribas and PricewaterhouseCoopers
MARK ASHCROFT Director
President and CEO of Aurelius Minerals Inc. 25+ years in the global mining industry and the North American and European debt and equity markets.
GARY O’CONNOR Director
VP Exploration, Dundee Resources Ltd More than 30 years global experience with Gabriel Resources, Freeport-McMoran, BP Minerals and Others Instrumental in the discovery and growth of numerous large gold and base metal deposits (Rosia Montana, Wabu, Etna Bay, Mamoa)
PRIYA PATIL Director
20 years experience as senior executive, investment banker and corporate lawyer Toronto Stock Exchange; PI Financial Corp; Loewen, Ondaatje, McCutcheon Limited, GMP, Dundee Securities and Breakwater Resources
1 Toronto Street Suite 201, P.O. Box 10 Toronto, ON M5C 2V6 416.363.9372 www.azx.ca
DISCLAIMER
Some of the statements contained in this presentation are “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and
- ther factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by
such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as; ability to raise financing for further exploration and development activities; risks relating to the estimates of reserves, deposits and production costs; extraction and development activities; the risk of commodity price fluctuations; political regulatory and environmental risks; and other risks and uncertainties in the reports and disclosure documents filed by Alexandria Minerals Corporation from time-to-time with Canadian securities regulatory authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Complete Company reports including management’s discussion and analysis, financial statements and notes can be found on our Company’s website at www.azx.ca and on SEDAR at www.sedar.com.
Facebook: https://www.facebook.com/AlexandriaMinerals Twitter: https://twitter.com/azxmineralscorp YouTube: http://www.youtube.com/AlexandriaMinerals Flickr: http://www.flickr.com/alexandriaminerals/ LinkedIn: http://www.linkedin.com/company/alexandriaminerals
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