TRI ORIGIN EXPLORATION LTD CORPORATE PRESENTATION MAY 1, 2019 - - PowerPoint PPT Presentation

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TRI ORIGIN EXPLORATION LTD CORPORATE PRESENTATION MAY 1, 2019 - - PowerPoint PPT Presentation

TRI ORIGIN EXPLORATION LTD CORPORATE PRESENTATION MAY 1, 2019 www.triorigin.com TRI ORIGIN EXPLORATION LTD TOE: TSX-V TOE: TSX-V Tri Origin is an experienced, well-recognized explorer with a successful track record. It has demonstrated


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TRI ORIGIN EXPLORATION LTD

www.triorigin.com

CORPORATE PRESENTATION

MAY 1, 2019

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Tri Origin is an experienced, well-recognized explorer with a successful track record. It has demonstrated ability to acquire and explore properties with proven mineral deposit potential, to finance its exploration and form strategic joint ventures with respected industry partners.

TRI ORIGIN EXPLORATION LTD

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THE BUSINESS PLAN

Tri Origin’s business is to make discoveries.

Our objective is to develop the best portfolio of early-stage gold and base metal properties in the Canadian Shield.

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KEY ELEMENTS OF THE BUSINESS PLAN

  • Identify and select the best exploration ventures and “off-the-beaten-

track” opportunities for discovery using a scientific and systematic geological targeting approach

  • Ensure projects have nearby infrastructure and can be developed in

risk-free jurisdictions

  • Focus on high-value precious metal or precious metal-rich base metal

deposits

  • Acquire district-scale properties to envelop camp-scale discoveries
  • Combine expertise and experience with modern, innovative

technologies to evaluate targets

  • Value is added to projects through initial funding by the Company
  • Advance key projects to ensure competitive evaluation and partnerships

with mining firms

  • Create shareholder value through discovery, exceptional return from

asset sale and, ultimately, participation in producing mines

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CORPORATE INFORMATION

Exchange Listing: TSX Venture Trading Symbol: TOE Shares Issued: 119.4 million Shares Fully Diluted: 127.6 million Share Price: $0.03 Market Capitalization: $3.6 million

As at May 1, 2019

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DIRECTORS AND MANAGEMENT

Robert Valliant, PhD., CEO and Director

  • Co-founded and listed Tri Origin on TSX, founded and listed TriAusMin on ASX and TSX
  • Former VP Exploration of LAC Minerals Ltd.
  • Key involvement in the discovery and development of some of Canada’s most significant gold mines

including Bousquet/Doyon, PQ and Hemlo, ON and gold discoveries in the southwest US while at LAC

  • Discovered Lewis Ponds poly-metallic deposit NSW (Australia), acquired and advanced Woodlawn

Mining District NSW to feasibility for re-development with TriAusMin J.P. Janson, Director

  • Former Managing Director National Wealth Management with Richardson GMP
  • Prior to Richardson, Managing Director of the retail investment arm, Eastern Canada of CIBC Wood

Gundy Alan Galley, PhD., P. Geo., Director

  • President, Malleus Consulting Inc.
  • Previously Exploration Research Director, Canada Mining Innovation Council (CMIC)
  • Former Minerals Director, Geological Survey of Canada
  • Over 30 years experience in the mining industry

Jing Peng, CA, CFO

  • Marrelli Support Services

Monique Ruhl, BSc, Geologist William Holter – Advisor, Financial and Business Development Glenn Nolan – Advisor, Corporate Relations and Community Consultation Jerry Blackwell – Advisor, Technical and Business Development Mark Petersen – Advisor, Technical and Mining Industry Executive

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PROPERTY ASSETS

An exceptional portfolio of gold (cobalt/base metal) properties has been assembled in the Canadian Shield of Ontario

Two Key Gold Projects (Sky Lake, North Abitibi)

  • Status:

Both host partially delineated, drill-ready gold deposits

  • Location: The Pickle Lake District and the Joutel/Casa Berardi Mine Trend
  • Objective: Delineate resources through drilling

Two Cobalt (Gold) Projects (Nipissing Cobalt, South Abitibi)

  • Status:

Comprise one of the largest landholdings at Cobalt, ON

  • Location: Cobalt/Temagami Mining District
  • Objective: Option agreements to fund exploration
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STRATEGICALLY LOCATED PROJECTS

Adjacent To: Casa Berardi, Pickle Lake, Detour Lake and Cobalt Mining Districts, ON

Pickle Lake Red Lake Hemlo Timmins Toronto

North Abitibi

Gold zones delineated along trend from the Casa Berardi mine

South Abitibi A large cobalt (gold/base metal) property in the southern portion of the Abitibi - Canada’s most endowed mineral province Nipissing Cobalt A cobalt project funded by an option partner

Sky Lake

Partially delineated gold deposits southwest of the past-producing Pickle Lake Gold District

“Elephant hunting in elephant country.”

Val d’Or Sudbury Detour Lake Kirkland Lake

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THE WESTERN ABITIBI SUBPROVINCE

The Abitibi is one of the world’s most prolific metal producing regions.

Tri Origin has recognized outstanding exploration potential where only the very near-surface environment of gold deposits has been investigated. Other occurrences remain

  • verlooked and no recent work has been completed.

North Abitibi is one of Tri

Origin’s key gold properties located in the northwest segment of the Abitibi along a well-mineralized trend.

Detour Lake Selbaie Chibogamau Casa Berardi Noranda Bousquet/LaRonde Kirkland Lake Matachewan Timmins Val d’Or

North Abitibi

Malartic Joutel

50 kilometres

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  • 100% interest, 50 km2 property in the Abitibi Greenstone Belt north of Timmins/Kirkland Lake
  • Within a regionally extensive, productive trend – six current and past-producing mines in Quebec (including Casa

Berardi and Estrades Mines and Joutel District)

  • No production yet from Ontario – overburden cover hindered earlier exploration
  • Substantial gold discoveries made in the 1980’s but only explored to shallow depths. At the time, access and

infrastructure was poor and ineffective exploration techniques were utilized

  • Tri Origin has identified three important gold zones and numerous other targets that are drill-ready

NORTH ABITIBI – A KEY ASSET

50 km to Detour Lake Mine Casa Berardi Gold Mine (Hecla) Competitor claims; (Aurelius Minerals) Recent drilling reported 7.1 g/t over 26.1 m & 8.2 g/t over 11.5 m Competitor claims; (Detour Gold) Pre-drilling field work in 2018 150 km to Kirkland Lake/Timmins Tomlinson Road Mine Estrades (Galway) Au (Cu/Zn)

Tri Origin North Abitibi Project

Joutel District (Au & base metals); Agnico Eagle Gold Mine Telbel Mine de Poirier Explo Zinc

20 kilometres

Competitor claims; (LaSalle Expl) IPO in progress to conduct field work and drilling in 2019

(Detour Gold) (Detour Gold)

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SIGNIFICANT GOLD OCCURRENCES

  • North Abitibi hosts the

most extensive gold

  • ccurrences on the

Ontario side of the Casa Berardi trend

  • Very little work has
  • ccurred in the region
  • ver the past 30 years
  • Recent logging and
  • pening of the Detour

Lake Mine 50 km to the north has greatly improved access and infrastructure

Road Gold Zone

North Abitibi Property

Spade Lake Gold Zone Club Lake Gold Zone

Note: 9.2/3.5 = grams per tonne gold across drill core interval

1 kilometre 0.5/25.0 1.1/8.0 1.3/3.1 0.73/12 1.3/7.5 23.4/1.5 1.0/13.5 1.4/6.0 3.1/1.5 2.6/3.0 0.6/16.5 19.7/1.0 17.8/1.6 1.3/10.1 5.0/1.0 1.2/3.2 0.5/8.6 0.6/10.5 12.6/1.5 9.0/1.5 6.1/6.0 1.3/5.0

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GOLD ZONES OPEN AT DEPTH

Spade Lake Gold Zone Club Lake Gold Zone Road Gold Zone

Note: 23.4/1.5 = grams per tonne gold across drill core interval-metres

Drilling planned for 2019 to test for increased thickness and grade of zones at depth

0.52/25.0 23.4/1.5 0.57/16.5 2.6/3.0 17.79/1.6 1.34/10.0

  • Drilling has intersected numerous gold occurrences throughout the 8 km long property
  • Spade Lake and Road Gold Zones have shown continuity of high-grade assays for over 2 km
  • Zones open along strike and to depth - historic drill intersections to only 150 m below surface

6.07/6.0 12.56/1.5

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DRILL TARGETING COMPLETE

  • 2 km of strike length covered with deep-looking IP geophysical surveying
  • Effective to +500 m below surface
  • Depth extensions confirmed at both the Spade Lake and Road Zones
  • IP responses of both gold zones strengthen with depth
  • Earlier drilling only tested targets to maximum 150 m below surface

Spade Lake Zone Surface location Road Zone Surface location exposed by excavating Subsurface drill hole gold intersections Untested deep IP anomalies 3D Drill Plan with IP Geophysics

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THE RED LAKE – UCHI SUBPROVINCE

Sky Lake Project

Britannia Mine Red Lake District

Richardson Lake Deposit Uchi Gold Mine Golden Patricia Mine

Pickle Lake District

Dona Lake Mine Winnipeg – 200 km

Prolific greenstone hosting Canada’s highest grade gold mine and numerous past-producers

Thunder Bay – 300 km

Remote access and extensive lake cover have hindered previous exploration. Many gold occurrences and historic deposits have not seen exploration for over 25 years.

50 kilometres

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GOLD DEPOSITS IN A PRODUCTIVE BELT

Sky Lake Property

  • 27 km long property – 125 km2 of 100%-owned claims and an option to earn 96% interest in 2 km2 of patented claims
  • Located 310 km north of Thunder Bay, Ontario adjoining paved highway and power lines
  • Historic, partially-delineated gold deposits optioned from Barrick Gold core the property
  • Bounded by six past-producing gold mines; on the east the two million ounce Pickle Lake Gold District and on the west the

past-producing Golden Patricia Gold Mine

  • Gold occurrences identified by Tri Origin share important similarities to the world-class Bousquet/LaRonde District in Quebec

Patent Claims

Historic resource (non-compliant) Competitor Company (Ardiden Ltd) Historic resource in iron formation (non-compliant) Recent drilling; 3.97 g/t across 21.0 m, 2.38 g/t across 19.7m

5 km

Past-producing Pickle Crow, Central Patricia (Hasaga), Dona Lake Gold Mines & Thierry Cu/Ni Mine Past-producing Golden Patricia Mine

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SKY LAKE – TARGETING NEW DISCOVERIES

  • Significant, partially-

delineated gold deposits discovered in the 1950’s are key targets

  • Gold occurrences in

iron-formation and volcanic rock are known over a strike length of 15 km across the property

  • New targets

developed by Tri Origin through geology, geophysics, geochemistry and drilling along strike east and west of patented claims Targets have been identified along a gold-rich environment over 15 km in length cored by partially-delineated deposits

Gold zones- drilled in the 1950’s Patented claims optioned from Barrick Gold New IP targets delineated by Tri Origin

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PARTIALLY DELINEATED GOLD DEPOSITS

Composited Average drill intersection grade/thickness for all historic holes in each zone Red zone – 3.27 g/t across 6.6 m Orange zone – 2.4 g/t across 3.6 m Purple zone – 3.76 g/t across 6.0 m Yellow zone – 2.7 g/t across 3.6 m

3D Model

(looking northeast)

  • 3D modelling of an extensive drill hole database has identified three

main sub-parallel zones over a strike length of 1 km

  • Zones have only been drilled to between 50 m and a maximum of 200 m

below surface

  • A non-compliant 43-101 resource was calculated in the 1980’s
  • The deposit is open at depth and poorly explored along strike

Drill Section 6200mE

3.97 g/t across 14.23 m 4.28 g/t across 8.08 m 8.78 g/t across 15.95 m 1.83 g/t across 12.34 m

50 metres

7.71 g/t across 1.52 m

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RESURGENCE IN COBALT

Tri Origin holds two large, 100%-owned properties at Cobalt, Ontario

Timmins - Au Kirkland Lake - Au Noranda – Cu, Zn, Au Sudbury Basin – Ni, Cu, PGE’s

The Cobalt Plate Nipissing Cobalt and South Abitibi Project Areas Cobalt – Ag, Co

  • Cobalt Plate sedimentary rocks overly the

prospective Abitibi Greenstone Belt south

  • f Kirkland Lake
  • The “world-class” Cobalt Ag-Co District is

within the Cobalt plate near its eastern margin

  • Tri Origin’s Nipissing Cobalt and South

Abitibi properties host a number of cobalt (silver), gold, copper and nickel

  • ccurrences
  • The properties have not been explored for

cobalt (or other metals) in many decades

  • Nipissing Cobalt is optioned to MetalsTech
  • Ltd. which is funding exploration
  • South Abitibi is being considered for

possible option agreements or in-house exploration

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NIPISSING COBALT AND SOUTH ABITIBI PROJECTS

  • Tri Origin is one of the largest landholders

in the Cobalt region

  • It holds 100% interest in two properties;

Nipissing Cobalt and South Abitibi

  • Nipissing Cobalt is only 10 km west of the

Cobalt District

  • South Abitibi is bracketed by two mining

camps; Cobalt to the northeast and Temagami to the southwest

  • Cobalt is a world-class silver and cobalt

producer

  • The Temagami Greenstone Belt, an outlier
  • f the Abitibi, has recorded substantial

production of iron, copper (nickel) and gold

  • Geology of both properties is dominated by

Proterozoic-age sedimentary rocks, large areas of Nipissing diabase and both have inliers of Archean-age greenstone

  • This is the same host environment for Co-

Ag deposits at Cobalt and for greenstone- hosted Au, Cu and Ni deposits at Temagami

  • Many surface occurrences of Co (Ag), Au,

Cu and Ni have been identified by Tri Origin

  • Variable and unknown thickness of

sedimentary cover rock hindered previous exploration of the buried Archean-age Abitibi belt

  • An exploration moratorium (the Bear Island

Land Caution) was in effect over much of the area from 1973 for almost 30 years – leaving the South Abitibi area overlooked

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NIPISSING COBALT AND SOUTH ABITIBI

Nipissing Cobalt

(225 square kilometres)

South Abitibi

(210 square kilometres)

Cobalt 10 km Temagami

  • MetalsTech Ltd., an

Australian cobalt and lithium explorer, has an

  • ption to acquire the

Nipissing Cobalt property

  • To exercise the option

MTC must make cash payments and share issuances to Tri Origin and conduct exploration

  • n the property over a

two-year period

  • MTC has satisfied the

first year commitments and the option renewal comes due in mid-2019

  • Tri Origin has conducted

airborne geophysics, geology, prospecting, preliminary IP surveying and drilling

  • Widespread Au (Cu/Ni)
  • ccurrences, untested

VTEM anomalies and favourable geology have been identified

  • A number of historic

cobalt occurrences are documented but have seen no exploration for decades

  • Tri Origin’s preference is

to option the property to a well-funded cobalt explorer

Cu/Ag/Zn Co/Ag Cu Au Au Au Co Cu/Ni

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PROPERTY ASSETS - SUMMARY

Key Gold Assets

  • Sky Lake: Gold deposits partially delineated in the 1950’s within a

“Bousquet/LaRonde” geological setting are targeted for drilling to determine if a viable resource can be delineated

  • North Abitibi: Extensive, drill-ready gold occurrences in a productive

belt with deep targeting and preliminary drilling indicating prospective extensions at depth

Cobalt Area Projects

  • Nipissing Cobalt: Optioned to MetalsTech Ltd. for favourable cash, share

and exploration commitment terms

  • South Abitibi: A large land position in the Cobalt region hosting gold,

cobalt, silver, copper and nickel occurrences

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EXPLORATION PLANS - 2019

Sky Lake (Pickle Lake Gold District) – DEEP TARGETING FOLLOWED BY DRILLING

  • Deep-looking Induced Polarization geophysics to delineate depth extensions of known gold

deposits

  • Drill to determine resource potential of historic gold zones at depth and along strike

North Abitibi (Casa Berardi District) - DRILL

  • Drill depth extension of known gold zones to determine their economic significance

Nipissing Cobalt and South Abitibi – PROPERTY OPTIONS

  • Nipissing Cobalt fully-funded by option partner MetalsTech Ltd.
  • Consider option proposals for South Abitibi
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Tri Origin respects local communities and conducts exploration in an environmentally-friendly fashion.

DISCLAIMER This presentation contains forward-looking statements that were based on expectations and estimates as of the date of this

  • presentation. These statements are subject to known and unknown factors which may cause actual results and developments to

materially differ from those expressed or implied. Tri Origin has taken all reasonable care in preparation of this presentation; however, it may not include all relevant information regarding Tri Origin. Any person considering an investment in Tri Origin is advised to obtain independent financial advice prior to making an investment decision. Further information about Tri Origin Exploration Ltd. is available at www.triorigin.com