Q1 2020 Public Listing Opportunity
Public Listing Opportunity Q1 2020 Forward Looking Statements - - PowerPoint PPT Presentation
Public Listing Opportunity Q1 2020 Forward Looking Statements - - PowerPoint PPT Presentation
Public Listing Opportunity Q1 2020 Forward Looking Statements Certain information contained in this presentation, includes information and statements which may contain words such as "could", "plans", "should",
Certain information contained in this presentation, includes information and statements which may contain words such as "could", "plans", "should", "anticipates", "expect", "believe", "will", and similar expressions and statements relating to matters that are not historical facts are forward-looking information. All of the forward-looking information contained in this presentation is qualified by this cautionary statement. There can be no assurance that the actual results or developments anticipated by Canadian Gold Miner
- Corp. as expressed or implied by the forward-looking information, will be realized or, even
if substantially realized, that they will have the expected consequences to or effects on Canadian Gold Miner Corp. or its business operations. Canadian Gold Miner Corp. disclaims any intention or obligation to update or revise any forward-looking information as a result of new information or future events. Readers should not place undue reliance
- n forward-looking information.
Forward Looking Statements
Greg Collins, B.Sc.Eng., P.Geo. | CEO Director
- 20+ years exploration and project development
(Xstrata/Falconbridge)
- NW Ontario, 2013 Discovery of the Year
Marc Idziszek, M.Sc. P.Geo. | VP Exploration
- 15 years exploration experience in North America and West Africa
- Integral member of team responsible for discovering gold deposits
in Senegal now in production by Terranga Gold Corp.
Tom Hart, M.Sc. P.Geo. | Technical Advisor
- 30+ years exploration (lode gold and base metal projects in
Canada)
- NW Ontario, 2004 Discovery of the Year
Scott McLean, HBSc. P.Geo. | Director
- CEO Transition Metals Corp
- 2004 PDAC Prospector of the Year (Nickel Rim South Mine)
Chris Chadder, CA | CFO, Director
- 20+ years experience within the junior mining sector
- Commissioned 2 gold mines to production in the past 10
years
Wes Roberts, M.Sc., MBA, P.Eng. | Director
- Gravitas Mining Corp
- 30 years experience in mineral exploration, mining
- perations, project engineering and management
Eva Koci, MBA, CFA. | Director
- Director of Capital Markets for Oberon Capital
- 15+ years capital markets experience (primarily in the
resource sector)
Award winning exploration team with proven success finding and developing mines Track record of successful public company start-ups and ability to attract financing
Management Team
Strong Technical Group with Track Record for Discovery
- 229 square kilometres of prospective
mining lands consolidated in northeastern Ontario
- Camp-Scale land positions secured
near Kirkland Lake, Timmins, Matachewan and Cote Lake
- Utilized more than $10 million in recent
exploration data
- Privately funded more than $2.0 million
in exploration work since 2016
- This work has led to the recent
identification by CGM of 2 prospects with large scale potential less than 10 km south of the Cadillac Larder break near Kirkland Lake
Overview
Camp Scale Discovery Opportunities in the Heart of the Abitibi
- The Abitibi is Canada #1 gold
producing region (85% of total)
- >180+ Moz produced to date
N
CGM has a plan to discover and monetize new gold resources in the back yard
- f Major Gold producers
South Kirkland Camp
Complete Coverage of a Major Break in the Heart of the KL Gold Camp
Golden Candle
Kerr Addison Mine Produced >11 Moz @ 9 g/t
Agnico Eagle
Upper Beaver – 1.4 Moz 2P + 1.4 Moz M&I Upper Canada – 1.7 Moz M&I
Kirkland Lake Gold
25 Moz produced since 1912 2.7 Moz at 31 g/t reserves at Macassa
Canadian Gold Miner
2 Large scale systems identified at 4 Corners and Lafond
2018 Metal Earth Seismic Transect
Large Gold System Gold Deposits Canadian Gold Miner Kirkland Lake Gold Agnico Eagle Gatling Exploration Inc. Golden Candle
Lafond 4 Corners Kerr Addison Golden Mile Anoki McBean Upper Canada Upper Beaver Key 2nd Order Fault Major Break
- Lafond – Intrusion hosted gold system with similarities to the Sigma
Lamaque deposits of Val d’Or
- 4 Corners – Under explored 1.5 kilometre long corridor of favourable
structure and alteration carrying shear hosted mesothermal gold in metavolcanics and metasediments – Kirkland Lake’s next “Mile of Gold”
2 Large Gold Systems
Identified 10 km south of Main Break - Kirkland Lake
Lafond Target
Evidence for a Large Scale Intrusive Hosted Gold System
- Large felsic intrusion exposed in outcrops for >1km
- f strike, 100 metres of width
- High density of brittle-ductile veining hosting
disseminated sulphides and gold
- High grade stacked vein sets ranging from
centimetres up to 3 metres wide dipping 40‐60° southeast
- Surface sampling (grab and detailed channel
sampling) has returned values of up to 37.3 g/t Au
- Gold associated with elevated Cu, Mo, Ag, and Te
(tellurium) over widespread area
A’
Lafond Shaft
6.58 g/t Au 5.76 g/t Au 2.82 g/t Au 2.56 g/t Au 5.12 g/t Au 37.7 g/t Au 8.95 g/t Au
A
2019 Test Drilling Area
Initial Drilling Results Encouraging
Gold intersected in all 7 holes – values up to 71 g/t per tonne Au
- Average assay value from 1,226
samples assayed – 0.43 g/t Au
(uncut, unweighted)
2019 Drilling Highlights
VG in LN19-06 at ~ 97metres VG in LN19-02 at ~12 metres VG in LN19-01 at ~ 66 metres Hole From To Interval Au (g/t) LN19-01 7.58 66.61 59.03 0.46 including 16.08 16.38 0.30 7.28 including 27.01 33.14 6.13 2.43 including 27.01 27.31 0.30 46.40 and 61.32 62.10 0.78 5.12 LN19-02 10.47 66.98 56.51 0.70 including 10.47 13.44 2.97 10.23 including 11.95 12.34 0.39 71.00 including 66.48 66.98 0.50 6.33 and 91.15 91.47 0.32 3.95 LN19-03 13.17 13.71 0.54 5.42 and 56.32 56.68 0.36 3.26 LN19-04 16.11 115.13 99.02 0.54 including 16.51 16.84 0.33 13.20 including 73.70 74.44 0.74 16.73 including 112.32 112.66 0.34 13.05 Hole From To Interval Au (g/t) LN19-05 16.14 51.83 35.69 0.73 including 21.19 21.50 0.31 29.60 including 51.28 51.83 0.55 21.70 LN19-06 95.48 116.50 21.02 1.31 including 95.48 97.96 2.48 6.80 including 116.16 116.50 0.34 29.00 and 170.79 205.61 34.82 0.13 including 202.59 202.94 0.35 2.71 including 205.16 205.61 0.45 2.15 LN19-07 19.10 32.57 13.47 0.54 including 19.10 19.64 0.54 8.89 and 76.79 136.51 59.72 0.26 including 76.79 78.00 1.21 6.63 including 109.21 109.51 0.30 3.47 including 136.20 136.51 0.31 9.82
Interpretation of Drilling Results
Vertical Cross-section Looking West at Lafond Shaft Area
7 hole - 1,000 m test program of NQ drilling completed in July of 2019 All holes hit high grade intervals of gold over narrow widths Gold focused in brittle- ductile shears associated with dilational offsets of the intrusion Good apparent continuity of vein sets
- ver >50 m strike at
surface traced down dip for up to 150 m All identified vein sets remain open Good potential for additional vein sets throughout intrusion A A’
#10 Vein Trench #11 Vein Trench #9 Vein Trench #8 Vein #7 Vein
2.48m @6.80 g/t
LN19-01
0.54m @ 8.89 g/t
56.51m @0.70 g/t
2.97m @ 10.23 g/t
5.12 g/t
- ver 0.78m
9.82 g/t
- ver 0.31m
21.7 g/t
- ver 0.55m
2.71 g/t
- ver 0.35m
2.15 g/t
- ver 0.45m
South dipping Veins
0.34m @29.0 g/t 0.39m @71 g/t 0.74m @16.73 g/t 0.34m @ 13.05 0.30m @46.40 g/t 0.31m @ 29.6 g/t 1.21m @6.63 g/t
0.3m @ 7.28 g/t
3.26 g/t
- ver 0.36m
100
Mineralized structure
Lafond Target
Similarities to Eldorado’s Sigma-Lamaque Project in Val d’Or
Lafond: in plan view is similar to the Lamaque Project Triangle deposit in cross section
Same Scale The Lafond target has similarities to Eldorado Gold’s Lamaque Project near Val d’Or acquired from Integra in 2017 for $600 million
Historically 9.4 Moz @ 5.3 g/t produced from Sigma Lamaque between (1935- 2012) Eldorado reports 1.3 Moz M&I Resources @ 8.26 g/t plus 1.8 Moz @ 6.78 g/t Au listed as Inferred mainly from Triangle Now exploring at depths below 1,000 metres CGM achieving similar grades and widths from drilling at surface
C7 C8 C9 2.8m @ 7.5 g/t 2.8m @ 7.5 g/t 3.2m @ 9.2 g/t
2.6 m @ 3.9 g/t 2.2 m @ 7.1 g/t Au
500m 500m
#11 #9 #10
2.5 m @ 6.8 g/t Au
Similar Vein Thickness and Grade
Lincoln Nipissing Deformation Zone
4 Corners Target – Large Untested Shear Hosted Vein System
- >2.0 kilometre long
shear hosted vein system
- Cluster of elevated to
multigram bedrock gold occurrences hosted by favourable geology, structure, alteration in bedrock up-ice from basal till anomalies
- Gold focused in
similarly oriented structures that host gold along the Cadillac Break
4 Corners Target
2018 Behold Discovery
- Gold in qtz/carb veining and disseminated
sulphides hosted by green-carb altered sedimentary unit
- Associated with flat and vertically dipping
NE trending veining associate axial planar cleavage of D4 “Z” fold nose
- Good continuity of gold values over
consecutive channels samples
- Combined average of 34 separate channel
samples returned 2.03 g/t over 13.11 metres
- Noteworthy intervals include 7.67 g/t Au
- ver 0.62 metres, 2.46 g/t Au over 3.86
metres
New Discovery
Behold Zone Zenith Occurrence
Cook Occurrence
800m Long IP Charge/Res Target
4 Corners Target
Large untested geophysical target
- Environment similar to
Porcupine Basin – in heart of Timmins camp
- Strong near surface
coincident IP targets
Value Comparison
Select District Scale Plays Attracting Market Attention
- Chronic underfunding of
exploration stage projects in the gold space
- Demand increasing for
new discoveries to replace depletion
- District scale
- pportunities in world
class, safe mining jurisdictions are limited
- Market now supporting
valuations ranging from $20-100 M for companies working towards establishing economic resources
Key Shareholders
Founders and Capital Partners
38.0% 19.0% 5.0% 9.0% 8.5% 5.7% 14.9%
Ownership
Transition Metals Osisko Mining Centerra Gold Haywood Securities Principle Capital Partners Management Other
Industry Partners Investment Partners
Accilent Capital
Principle Capital Partners Corp.
Public Listing Opportunity
- Strategically focused on developing and advancing district scale gold plays in the Abitibi Greenstone Belt
in Ontario
- Equity financing associated with a go public transaction that will fund capital commitments to advance the
properties
- Management and Board with relevant experience and a proven track record
- Encouraging gold assays back from drilling near Kirkland Lake
- Pricing key to IPO value proposition
Seeking Strategic Transactions
Share Structure*
Issued and Outstanding:
40,620,098
Escrow:
- Options:
3,335,000
Warrants:
7,963,598
Fully Diluted:
51,918,696
* As of January 2020
Greg Collins, P.Geo. President and CEO 705-872-6390 gcollins@canadiangoldminer.com
For
- r Mor
More Inf e Infor
- rma
mation tion Con Conta tact ct:
Lincoln Nipissing Deformation Zone
Overlooked and Underexplored…. Why?
- Despite proximity to Kirkland Lake and
evidence of gold endowment, no prior systematic exploration along Lincoln Nipissing structures
- Pre-conceived exploration philosophy
(no deposits south of the Cadillac break)
- Incomplete geological and structural
framework
- New research funded by Mineral
Exploration Research Council (MERC) highlights new similarities between the Lincoln Nipissing and Cadillac Breaks
- More than $3.0 million of target
generative data collected by Goldfields and Canadian Gold Miner since 2015
Lincoln Nipissing Deformation Zone
Related Structure to the Prolific Cadillac Larder Break
- Lincoln Nipissing deformation zone is easily
traceable in magnetics as 500 m to 1 km wide braided fault system
- Evidence for multiple episodes of deformation
synchronous with the Cadillac-Larder Lake break
- Over 90 km² of mining property covering the
entirety of the main structure and related splays
Gold Showings, pits and historical underground Workings
- Both the Lincoln Nipissing and the
Cadillac Larder fault systems:
– are deep seated crustal structures that formed at the same time – experienced a similar history of structural deformation – concentrate gold in dilational structures situated north of the break(s) – exhibit 2 phases of gold mineralization with similar geochemical signatures
- Conclusions: Both structures were
in place at the time that gold mineralization was deposited in the Kirkland Lake Camp
- The Lincoln Nipissing break is
comparatively significantly under explored
6km depth
Larder Group Larder Group Blake River
Lincoln Nipissing FZ Cadillac Larder FZ
Gold Gold
Lincoln Nipissing Deformation Zone
Right Crustal Architecture and Plumbing System
*2005 Lithoprobe and 2018 Metal Earth seismic data highlight both the Cadillac Larder and Lincoln Nipissing structures to be major crustal fault systems
Lincoln Nipissing Deformation Zone
Similar Source Fluids for the Gold
- Gold mineralization along
the Cadillac Break related to 2 main mineralizing events
– Early (D2) event higher arsenic/low tellurium – Late (D4) event associated with high tellurium
- Mineralization associated
with the Lincoln Nipissing has evidence for both
styles
– Cook, Manley, Behold & 4 Corners (Au from D2 event) – Lafond (Au similar to giant Kirkland Lake deposits from D4) (after Isplatov et al., 2008)
Other Projects
229 km² with Multiple Opportunities at the Camp Scale
Ridout Fault
N
11 144 560 66 101 101
Quebec
Alamos Gold Young Davidson 3.6 Moz @ 2.7 g/t (P+P) Tahoe Resources Juby Gold 1.1 Moz @ 1.3 g/t (Ind) 2.9 Moz @ 0.9 g/t (Inf) Kirkland Lake Gold Macassa 2.0 Moz @ 20.8 g/t (P+P) Agnico Eagle Upper Beaver 0.7 Moz @ 5.4 g/t (P+P) IAMGOLD Cote Lake 8.3 Moz @ 0.9 g/t (Ind)
Producing Mine Past Producing Mine Major Fault Undeveloped Resource Abitibi Greenstone Rocks Ontario
McEwen Mining Black Fox Complex 1.5 Moz M&I Goldcorp Dome-Hollinger > Moz @ 2.3 Moz @ 1.55 g/t (P+P) Tahoe Gold
Lakeshore Mine 0.24 Moz @ 3.21 g/t (P+P)
South Kirkland
Camp size property package Located on new trend south of Kirkland Lake (host to 35 M oz) Historical Resource and UG Infrastructure
Ridout West
Optioned to IAMGOLD Grab samples returned up to 57.3 g/t Au
West Matachewan
15 km from Young Davidson Situated on 25 km of prolific Cadillac Larder Break
DeSantis
Past producer in the heart
- f Timmins
Historical resource with exploration upside CGM Property Acquired from Osisko