norra metals corp
play

Norra Metals Corp. Norway Golden Triangle, B.C and Sweden Name - PowerPoint PPT Presentation

Norra Metals Corp. Norway Golden Triangle, B.C and Sweden Name change to Norra Metals Corp. from OK2 Minerals Ltd. is subject to TSX approval Exploring in the North Mineral Exploration January 2019 TSX-V: OK E X P L O R I N G T H E G O L D


  1. Norra Metals Corp. Norway Golden Triangle, B.C and Sweden Name change to Norra Metals Corp. from OK2 Minerals Ltd. is subject to TSX approval Exploring in the North Mineral Exploration January 2019 TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK

  2. Key Management & Directors Mike Devji | CHAIRMAN, CEO & DIRECTOR An experienced financier of public companies, Mr. Devji’s most recent success was as Vice President of ORKO SILVER CORP and w as responsible for raising more than $50 million to explore the LA PRECIOSA silver deposit in Durango, Mexico. Orko Silver was sold to COEUR MINING in 2013 for $384 million. Prior to that, Mr. Devji led a group of investors who financed a 40% interest in the SOUTH KEMESS GOLD-COOPER in British Columbia, Canada. That interest was subsequently sold for over $400 million. George Cavey, P.Geo | VP EXPLORATION & DIRECTOR Mr. Cavey has over 40 years in exploration and consulting as the president of OREQUEST CONSULTANTS. Past President of the Geoscientists Canada. The 2004 recipient of the APEGBC C.J. Westerman Award. Also the recipient of the 2010 Canadian Professional Geoscientist Award, Canada’s highest honor for a Professional Geoscientist. Consultant to the BCSC and the TSX Venture Exchan ge. Former Vice President Exploration for ORKO SILVER who discovered the 264 million ounce LA PRECIOSA silver deposit. He was a member of the Canadian Securities Administrators mining advisory committee (MTAMC) for many years. Jim Currie, P.Eng | DIRECTOR Mr. Currie is the former COO of PRETIUM RESOURCES INC. and has over 38 years of experience in the mining industry, and has held roles in senior management, engineering and operations on a number of projects that have progressed through feasibility to successful operation including the construction and development of NEW GOLD INC.'s New Afton gold mine in British Columbia. He is the 2014 co- winner of AME BC’s prestigious EA Scholtz Award for Excellence in Mine Development for his work on New Afton. Cyrus Driver, CA | CHIEF FINANCIAL OFFICER & DIRECTOR Douglas Cavey | VP Business Development, CSR Tag Gill, B.A.Sc., CGA | DIRECTOR Blair Schultz, B.Math, Acc. Dir. | ADVISORY BOARD Mr. Schultz has extensive knowledge in the capital markets having served as VP of K2 Investment Mgmt 13 years. In 2012, Blair became Chairman of KLONDEX MINES and later an Executive Director, while they transformed an insolvent exploration project into one of T SX’s most successful companies, evolving from a $40 million market cap explorer to a successful gold producer that now has been purchased by Hecla Mining. He is a member of the Board for Eastmain Resources and Chair of the Audit Committee. Between 2015 and 2016, Blair was a Director and Chair of the Committee of VMS VENTURES during which time he negotiated a successful sale to Royal Nickel. 2 Exploring in the North January 2019 TSX-V: OK TSX-V : OK E X P L O R I N G T H E G O L D E N T R I A N G L E Mineral Exploration

  3. Corporate Overview TSX-V: OK | Frankfurt: 1KO TRADING INFORMATION SHARE STRUCTURE* (prior to share consolidation) $0.02 - $0.09 CDN 32,658,667 52 Week Low/High Issued & Outstanding $0.02 - $0.03 CDN Current Trading Range Options 1,961,667 (exercise prices $0.50 – $1.15) SHARE OWNERSHIP Warrants ( to Dec 2019) 7,525,952 (exercise price - $1.00) (after proposed financing) 42,146,296 Fully Diluted * - based on a 3/1 share consolidation) Management & Associates ~20-25% Notes - Name change from OK2 Minerals Ltd. Subject to TSX approval EMX Royalty - Trading symbol, email address and website to change after ~10% share consolidation - Please see Cautionary Language contained in the Forward 3 Looking Statements (page 42) Exploring in the North January 2019 Mineral Exploration TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK 3

  4. Management Highlights Proven Wealth Creators - Exit Opportunities for Investors Management has a proven track record of providing exit opportunities for investors ORKO SILVER | taken over by Coeur Mining La Preciosa Silver Deposit KLONDEX MINES | taken over by Hecla Mining Corp Fire Creek, Midas and Hollister Mines VMS VENTURE | taken over by Royal Nickel Corp Reed Mine MIRAMAR MINING | taken over by Newmont Mining Hope Bay Deposit PRIMARY METALS | taken over by Sojitz Inc. Panasqueira Tungsten Mine ST PHILLIPS RESOURCES | taken over by Royal Oak Mines Kemess South Copper/Gold Deposit 4 Exploring in the North January 2019 Mineral Exploration TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK 4

  5. Scandinavia Highlights Two Countries, Four High Quality Properties • Norway • Bleikvassli- Former SEDEX style Bleikvassli Cu-Zn-Pb- Ag Zn-Pb-Cu-Ag producer. Drill ready Sagvoll • Sagvoll- site of small scale VMS style Cu-Zn- Au Bastutrask Ni-Cu-Co Cu-Zn mines and historic Ni-Cu-Co Zn-Cu- Au mine. Drill ready Meraker Cu-Zn- Au • Meraker- extensive area of Au enriched VMS style Cu-Zn + / - Au mineralized occurrences. Past small scale mining • Sweden • Bastutrask- site of historic drill programs, numerous VMS style Zn-Cu-Au intercepts. Drill ready 5 Exploring in the North January 2019 Mineral Exploration TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK 5

  6. Norra Metals - EMX Royalty Deal Two Countries, Four Properties, One Deal • Norra to issue EMX common shares equivalent to 9.9% Equity ownership in Norra at signing. Norra has continued obligation to EMX to issue additional shares of Norra to EMX to maintain a 9.9% equity position until Norra has raised CDN $5.0 million; thereafter EMX will have the opportunity to participate pro-rata in any other financings in order to maintain its 9.9% equity interest. • Norra will issue a 1% NSR to EMX on our 100% owned Pyramid Au-Cu porphyry project • Annual Advance Royalty payments commencing year two. $20K per project per year, increasing $5,000 annually. Option to forego payments of 2/4 projects for years three and four. After payment reaches CDN$60,000, payments will be adjust each year according to a pricing index agreed to by both parties. • EMX to retain 3% NSR on each project buyable down to 2% for CDN$2.5 million payment on or before the 6th anniversary. • Norra to offer a seat on newly restructured Company Board of Directors. 6 Exploring in the North January 2019 Mineral Exploration TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK 6

  7. Sweden Highlights One High Quality Property • Sweden is one of Europe’s leading producers of metals with a long and successful history for mining • Streamlined and predictable permitting process. • Many international and Swedish companies actively exploring and currently developing mines • Taxation incentives for project development from local and regional governments • 28% corporate tax rate, and no mineral tax • Low licenses costs and excellent security of tenure • Well developed access and infrastructure – roads, rail, power, telecommunications • Inexpensive power (<0.07 € / kWh) • Excellent Infrastructure; Skilled Workforce • Very low political risk with few impediments to the exploration and development process. Sweden consistently ranks in top 5: Fraser Institute Survey 7 Exploring in the North January 2019 Mineral Exploration TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK 7

  8. Bastutrask Property In the well-defined VMS Belt within 60 kms of : -Operating smelter -6 operating mines Mandalay Resources-Bjorkdal: Au Boliden AB -Kankberg: Au, Te -Renström: Zn, Cu, Au, Ag Bastutrask -Kristineberg: Zn, Cu, Pb, Au, Ag -Maurliden: Zn, Cu, Pb, Au, Ag ? -Maurliden Östra: Zn, Cu, Pb, Au, Ag - Several developing projects Barsele (Agnico Eagle) 17.7 Mt @ 2.75g/t Au+* Fäboliden (Dragon Mining) 10.6 Mt @ 3.03g/t Au+ Norra Project - Past producers Svartliden (Dragon Mining) * Based on Agnico Eagle 2016 year-end resource definition stated ownership of 55% of inferred resource 8 3.5 Mt @ 4.05g/t Au+ +Please review Cautionary Language contained in the Forward-Looking Statements slide at the end of this PowerPoint Exploring in the North January 2019 Mineral Exploration TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK 8

  9. Bastutrask Property ? Bastutrask 9 Exploring in the North January 2019 Mineral Exploration TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK 9

  10. Bastutrask Property Volcanogenic massive sulphide (VMS) mineralization intercepted from drilling conducted in late 1960’s, mid to late 1980’s, and in the 2000’s (by Boliden). Public data are only available from a few historic drill holes ( shown in red on the maps) and they show significant intercepts of Au-bearing VMS base metal mineralization. Several notable Zn From To Length Zn Cu Pb Au Ag intercepts ( see table- true widths Hole (m) (m) (m) % % % ppm ppm unknown ). STK61 309.12 328.15 19.03 6.31 0.02 0.18 0.04 4.9 STK61 Incl. 311.25 317.35 6.1 14.6 0.03 0.53 0.05 13.16 STK61 341.85 347.65 5.8 4.47 0.1 0.12 0.05 0.84 STK62 214.5 233 18.5 7.03 0.49 0.02 0.35 0.15 STK66 402.8 407.55 4.75 6.36 0.17 0 0.90 0.09 STK71 318.05 321.1 3.05 2.00 1.8 0 0.41 0.16 STK71 329.25 338.85 9.6 2.35 0.22 0 0.40 0.01 10 STK72 392.55 404.95 12.4 2.85 0.08 0 0.52 0.07 Exploring in the North January 2019 Mineral Exploration TSX-V: OK E X P L O R I N G T H E G O L D E N T R I A N G L E TSX-V : OK 10

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend


More recommend