TSX : MAW; OTCPINK : MWSNF
www.mawsonresources.com @mawsonresource
High Grade Gold-Cobalt Discovery in Finland
Corporate Presentation December 2018
High Grade Gold-Cobalt Discovery in Finland Corporate Presentation - - PowerPoint PPT Presentation
High Grade Gold-Cobalt Discovery in Finland Corporate Presentation December 2018 @mawsonresource TSX : MAW; OTCPINK : MWSNF www.mawsonresources.com Disclaimer Accuracy of Information: Readers are directed to the public disclosure of Mawson
TSX : MAW; OTCPINK : MWSNF
www.mawsonresources.com @mawsonresource
Corporate Presentation December 2018
Accuracy of Information: Readers are directed to the public disclosure of Mawson Resources Limited (“Mawson”) available under Mawson’s profile on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com. Information contained in this presentation was believed to be accurate at the time it was posted, but may be superseded by more recent public disclosure of Mawson. Mawson makes no representations or warranties as to the accuracy, reliability, completeness or timeliness of the information in this presentation. Forward-Looking Information: Some of the statements contained in this presentation may be forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, capital and other costs varying significantly from estimates, changes in world metal markets, changes in equity markets, planned drill programs and results varying from expectations, delays in obtaining results, equipment failure, unexpected geological conditions, local community relations, dealings with non-governmental organizations, delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson does not assume the obligation to revise or update forward- looking statements or information that may be contained in this presentation or to revise them to reflect the occurrence of future unanticipated events. Qualified Person: The qualified person for Mawson’s projects, Nick Cook, President for Mawson, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the contents of this presentation. 2
5 Dec. 2018
3
4 ▪
▪
▪
▪
▪
▪
▪
▪
▪
▪
* Permitting ongoing
5
Map by Risto Pietilä
▪
▪
▪
6
▪
▪
▪
▪
“The top jurisdiction in the world for investment based on the Investment Attractiveness Index is Finland.”
▪
▪
▪
▪
7.4Moz Au Kittilä mine
100 km
Kittilä Costs
7
10 km
Main gold- cobalt work focused to date
1 km
8
Initial areas included in the maiden resource calculation
Rumajärvi/The Hut PAL0033: 2.2m @ 7.9 g/t AuEq from 152.5m PAL0037: 19.5m @ 2.1 g/t AuEq from 20.5m PAL0040: 8.0m @ 1.6 g/t AuEq from 35.3m PAL0043 12.0m @ 1.5 g/t AuEq from 10.6 metres Raja PAL0062 13.5m @ 4.5 g/t AuEq from 180.0m PAL0092 5.0m @ 16.1 g/t AuEq from 245.0m PAL0093 33.6m @ 9.7 g/t AuEq from 244.1m PAL0097 11.0m @ 2.6 g/t AuEq from 276.3m PAL0048 13.7m @ 3.6 g/t AuEq from 82m PAL0118 20.7m @ 5.6 g/t AuEq from 365.3m PAL0075: 10.8m @ 8.7g/t AuEq from 82.2m Boardwalk Prospect (boulder source not yet discovered)
Gold Host Horizon RAJA UNTESTED UNTESTED A A’ B B’
Palokas PRAJ0003 13.0m @ 8.3 g/t AuEq from 0m PRAJ0009 30.8m @ 8.2 g/t AuEq from 2.5m PRAJ0107 15.0m @ 8.7 g/t AuEq from 24.7m PRAJ0109 33.0m @ 4.2 g/t AuEq from 38.7m
Drillhole Assays PALOKAS
9 A A’
10 Ground Fixed Loop EM conductor extends to +1km down plunge from surface B B’
11
12 PRAJ0003 PRAJ0020 >100 50-100 10-50 <10
No significant assays
▪
Gold equivalent (AuEq) grade x width intersections are plotted using Co 481 ppm = 1 g/t Au
▪
Data are projected onto inclined plane dipping at 42 degrees towards 302 degrees Grade x width AuEq
PAL0030; 10.0 m @ 11.1 g/t AuEq from 110.2 m PAL0095; 9.8 m @ 1.1 g/t AuEq from 227.2 m PAL0016; 8.4 m @ 5.9 g/t AuEq from 206.0 m PRAJ0110; 35.9 m @ 2.1 g/t AuEq from 63.9 m PRAJ0114; 41.7 m @ 2.8 g/t AuEq from 58.1 m PAL0027; 21.3 m @ 6.4 g/t AuEq from 27.5 m PAL0091 15.6 m @ 2.4 g/t AuEq from 144.9 m
PAL0090; 8.9 m @ 3.1 g/t AuEq from 173.1 m
UNTESTED UNTESTED
Au g/t
13
Au g/t
100 metres
PAL0016; 8.4 m @ 5.9 g/t AuEq from 206m
150 metres
14
Raja PAL0118 20.7m @ 5.6 g/t AuEq from 365.3m PAL0062 13.5m @ 4.5 g/t AuEq from 180.0m PAL0092 5.0m @ 16.1 g/t AuEq from 245.0m PAL0093 33.6m @ 9.7 g/t AuEq from 244.1m PAL0097 11.0m @ 2.6 g/t AuEq from 276.3m Rumajärvi/ PAL0037: 19.5m @ 2.1 g/t AuEq from 20.5m PAL0040: 8.0m @ 1.6 g/t AuEq from 35.3m
1000 metres
Ground Fixed Loop EM Surveys
Palokas PRAJ0003 13.0m @ 8.3 g/t AuEq from 0m PRAJ0009 30.8m @ 8.2 g/t AuEq from 2.5m PRAJ0107 15.0m @ 8.7 g/t AuEq from 24.7m PRAJ0109 33.0m @ 4.2 g/t AuEq from 38.7m
Fixed Loop TEM Plates extending resource area +1km length VTEMplus Plates
The Hut PAL0033: 2.2m @ 7.9 g/t AuEq from 152.5m
15
▪
▪
▪
▪
New Exploration Technologies EU contribution: €6,901,276 Mawson Participant
16
▪
▪
Cobalt ppm Gold Eq ppm Gold ppm Lithology Code Downhole Depth (m)
▪
*SGS Cornwall 17
▪
18
▪
▪
Au – 5-20 micron (>50 micron)
▪
Cobaltite 40
▪
Linnaeite 20 micron
▪
▪
19
Summer Work Winter Work
GTK Geometallurgy 7000 Cobalt Re-assays EM Geophysics Rajapalot Maiden Resource Metallurgy Testwork Au/Co 15km drilling, resource Expansion esp. Raja at depth
Summer Work Winter Work
Resource Upgrade
Summer Diamond Drilling Hirvimaa/ Männistö Environmental Permitting Drilling – Resource Expansion Resource Upgrade Summer Diamond Drilling Hirvimaa/Männistö
6 month budget: C$6M
20 ▪
▪
▪
▪
▪
▪
▪
21
22 ▪
▪
▪
▪
▪
▪
23
28 yrs Geology, Capital Markets
24 yrs Geology
12 yrs Finnish Env. Administration
Corporate Secretary
Manager Operations Finland
CFO
24
Management & Board aligned with investors
Share Price (9 Nov. 2018) C$0.23 Basic Shares Outstanding 141.6M Fully Diluted 171.9M Basic Market Capitalization C$32.6M Cash (est. 5 Dec. 2018) C$8.0M TOTAL ENTERPRISE VALUE C$24.6M Shares (M) % Sentient Equity Partners 37.8 26.7 Goldcorp 18.0 12.7 Other Institutions 34.6 24.4 TOTAL 90.4 63.8 Insiders 7.3 5.1
Stock Options 23 Sep ’19 $0.35 4,620,000 12 May ’20 $0.365 50,000 15 Jun ’20 $0.39 400,000 Warrants 02 Dec ’19 $0.60 7,500,000 08 Dec ’19 $0.44 773,702 08 Dec ’19 $0.50 7,512,933 14 Feb ’20 $0.65 9,500,000
Exchanges: TSX : MAW; OTCPINK : MWSNF; Frankfurt : MXR
$0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0.70 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18
Share Price (C$) Volume
25 ▪
▪
▪
▪
▪
▪
▪
26
Mariana Bermudez
Tel: +1 (604) 685 9316 Fax: +1 (604) 683 1585 info@mawsonresources.com Noora Ahola Environmental Director Ahjotie 7, 96320 Rovaniemi, Finland nahola@mawson.fi
27
www.aurionresources.com
www.rupertresources.com
www.mawsonresources.com
1986
Visible Gold SSW Suurikuusikko 1986 01
Two campaigns 9319m 1987-1997 02 1996
1.5Mt @ 5.9 g/t Au (285K Oz Au) 1997 03
Acquisition 2005 US$150 million 05
Public tender April 1998 04 2016 07
Decision 2006
143km 1998-2005 06
16Mt @ 5.1g/t Au 2007 08
26.9Mt @ 4.7g/t Au 2007 10 2006 09
140 km 2006-2008
5.7 Moz Au 2008 ML 2003
▪ 82% of the Rompas-Rajapalot project lie outside of Natura areas ▪ Natura 2000 sites cover about 14% of Finland, 18% of the EU's
▪ Mawson ARE permitted to complete all exploration in Rajapalot
▪ The next step required will come at mining where we may need
29 ▪ There are mining projects that have been permitted
▪ Anglo American is currently permitting the Sakatti