Discovering New Opportunities in North America - Investor Presentation | September 2021 - Straight Up ...
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Investor Presentation | September 2021 Discovering New Opportunities in North America CSE: ST C SE: ST 1
Caution Regarding Forward-Looking Information
Certain of the statements made and information contained herein is “forward-looking and other permitting restrictions, or the availability of essential supplies and services; and
information” within the meaning of the British Columbia Securities Act and Alberta Securities factors beyond the capacity of the Company to anticipate and control, such as the
Act. This includes statements by the Company concerning exploration results, including marketability of minerals, government regulations relating to health, safety and the
deposit size, quantities, grades and contained metals, which are generally made on the environment, and the scale and scope of royalties and taxes on production. Should one or
basis of estimations and extrapolations from a limited number of drill holes and assays. more of these risks or uncertainties materialize, actual results may vary materially from
These estimations and extrapolations are subject to uncertainties, which include but are not those described in forward-looking statements.
limited to uncertainty in connection with evaluating a deposit until the deposit has been
extensively drilled on closely spaced centers. Should one or more of these underlying Accordingly, readers are advised not to place undue reliance on forward-looking
estimations or extrapolations prove incorrect, actual results may vary materially from those information. Except as required under applicable securities legislation, the Company
described in forward-looking statements. undertakes no obligation to publicly update or revise forward-looking information, whether
as a result of new information, future events or otherwise. © 2020 Straightup Resources Inc.
Forward-looking statements contained herein also includes the Company’s plans at its All rights reserved. Copyright. All materials displayed or otherwise accessible through this
mineral properties, which involve known and unknown risks, uncertainties and other factors Presentation (collectively, "Content") are protected by copyright law, and are owned by
which may cause the actual results, performance or achievements of the Company,or Straightup Resources and its licensors, or the party accredited as the provider of the
industry results, to be materially different from any future results, performance or Content. Except as
achievements expressed or implied by such forward-looking information. Forward-looking granted in the limited license herein, any use of the Content, including modification,
information is subject to a variety of risks and uncertainties which could cause actual events transmission, presentation, distribution, republication, or other exploitation of the
or results to differ from those reflected in the forward-looking information, including, without Presentation or of its Content, whether in whole or in part, is prohibited without the express
limitation, the ability of the Company to continue to be able to access the capital markets for prior written consent of Straightup Resources.
the funding necessary to acquire and maintain exploration properties and to carry out its
desired exploration programs; difficulties in executing exploration programs on the
Company’s proposed schedules and within its cost estimates, whether due to weather
conditions in the areas where it operates, increasingly stringent environmental regulations.
C SE: ST 2
Introduction
StraightUp Resources Inc. (CSE: ST) is a public company engaged
in the business of mineral exploration and the acquisition of mineral
property assets in North America. Ontario, Canada is home to our
flagship properties which are located in the Red Lake Mining
District, renowned for over 30 million ounces of historic gold
production with other key projects extending along the same
Greenstone Belt into the neighbouring Meen-Dempster Greenstone
Belt of the Uchi Subprovince. Our management team is led by
dedicated professionals with experience in modern exploration
techniques and our tight share structure continues to help
strengthen shareholder value.
M ISSION ST A T EM EN T
Our goal is to maximize shareholder wealth through mineral
discoveries at projects with robust potential, maintain long-lasting
partnerships, and continue to focus on the acquisition, development,
and exploration of mineral resource properties in North America.
C SE: ST 3
Share Capitalization
Common Shares Issued 35,299,720
LISTED ON Warrants 14,252,849
THE CANADIAN
SECURITIES Options 2,050,000
EXCHANGE
SYMBOL: ST Fully Diluted 51,602,569
Note: Securities issued and outstanding as of September 15th, 2021
C SE: ST 4
Management & Directors
Daniel Cruz
CFO & Director
Daniel Cruz is an experienced financial industry professional having worked for 12 years as a senior
investment advisor at Canadian Broker dealers where he gained experience in equity research, asset
management, investor relations, corporate finance and venture capital. Financing Mining and Metals
Issuers on all North American exchanges was a core focus of his clients’ portfolio. Continuing
relationships with these clients whom ranged from founders and entrepreneur financiers of listed mining
Mark Brezer companies, has led Daniel to this point. Mr. Cruz was one of the youngest Senior Investment Advisors at
CEO, President & Director Canaccord Financial Inc. in 2010. He is also the co-founder and current director of Liquid Media Group
Inc., a Nasdaq listed issuer. During his tenure as CFO over the past few years he helped the company
Mr. Brezer is Chief Executive Officer, President, and Director of Straightup Resources Inc. and list on Nasdaq and raised over $20 million dollars.
provides his services on a full-time basis. Mr. Mark Brezer is a successful businessman and holds
a Geography/Geology degree from the University of Arizona. During his studies, emphasis was placed
on Remote Sensing, GIS, Glaciation and Climate Change. Mr. Brezer has worked as a Project
Manager and has overseen Quality Control, Environmental Monitoring and Safety Programs as related Matthew Coltura
to road construction. Strong communication skills also led to roles in media relations and marketing. Director
Mr. Brezer’s family has been passionate about mining and construction for decades and he has
been actively involved in the research and investment of Junior Mining Companies for over 25 years.
Mr. Coltura is a businessman and has a Bachelor of Business Administration degree from Okanagan
Time in the field and personal interest led Mark into extensive First Aid Training and he certified as a
College where he specialised in finance. He has worked in the finance industry for over three years
Paramedic and Firefighter.
with a primary role in writing credit for potential borrowers in the industrial lending market.
Currently, Mr. Coltura is the CFO of Cayenne Capital Corp. Mr. Coltura was also a director
of PreveCeutical Medical Inc. from July 2016 to September 2019, a director of Sproutly Canada Inc.
(formerly, Stoneridge Exploration Corp.) from March 2015 to July 2018, and since March 2018 has
worked as a financial specialist at Quip Finance. He has several years of experience with
reporting issuers.
C SE: ST 5
Advisory Board
Gerry Carlson Robert Valliant
Technical Advisor Technical Advisor
Gerry Carlson's career has spanned four decades of precious and base metal exploration Robert Valliant is currently Chairman of NewOrigin Gold (formerly Tri Origin Exploration). Mr.
throughout the Americas, focused on Yukon and northern British Columbia. His career has Valliant has a Ph.D. in Economic Geology and has more than 30 years of experience in base
included independent consulting assignments and management of exploration programs for and precious metals exploration, discovery and development. He cofounded Tri Origin and was
both junior and major mining companies. He is President and CEO of Pacific Ridge responsible for its listing on the TSX in addition to the financing of the Corporation since its
Exploration Ltd., a junior explorer with gold and copper projects in British Columbia and inception. Prior to founding Tri Origin, he was VP Exploration for LAC Minerals Ltd., a leading
Yukon and a board member of Almaden Minerals Ltd., developing the Ixtaca gold-silver North American gold producer until its takeover by Barrick Gold Corporation. With Tri Origin,
project in Mexico. He is a past President of AMEBC (formerly the British Columbia and Dr. Valliant was co-discoverer (with the late Dennis Sheehan) of the Lewis Ponds gold and
Yukon Chamber of Mines). He is a recipient of the SEG's Ralph Marsden Award for base metal deposit in New South Wales, Australia. During his career he has been intimately
distinguished service and CIM's J.C. Sproule Award for the advancement of geology and involved with the discovery of gold deposits in Canada, Australia and the United States and
mineral exploration in the Yukon. participated in their development into profitable operating mines. He is also founder and was
responsible for the listing of TriAusMin Ltd, the Corporation’s former subsidiary on the ASX and
TSX. Mr. Valliant currently serves as a director of the Prospectors and Developers Association
of Canada and as a director of two TSX-V listed companies, Midland Exploration Inc. and
International Prospect Ventures Ltd.
C SE: ST 6
Project Location – Red Lake
• Ontario’s Red Lake Mining District is one of Canada’s most
prolific gold mining districts, renowned for high-grade gold
deposits.
• This is a mining-friendly, politically stable jurisdiction with a
skilled labour force and infrastructure specifically built
around meeting the needs of the mining industry.
Ferdinand
Belanger • Project Location – Red Lake. Nearly 30 million ounces of
RLX
gold has now been produced from the district and gold
production has been continuous since it was first
discovered in the late 1920s.
C SE: ST 7
Red Lake Mining District C SE: ST 8
RLX North & RLX South
Project Overview
• At over 10,000 hectares, RLX North and RLX South
Projects represent a district-scale exploration
opportunity.
• The RLX North and RLX South Projects are well-
positioned:
• On-strike to the SE of the district’s largest gold deposit (Red Lake Gold
Mines – Evolution Mining).
• Inferred presence of major lithological contacts and structural controls.
• The project is adjacent to Great Bear Resources’ Sobel Project. Great Bear
Resources is also in the process of evaluating the area for significant
regional-scale structural controls and has proposed additional work on their
neighbouring project in the near term (see GBR news release dated
September 9, 2020).
• Highly accessible, the southern property boundary is only 8 km from the
paved highway into Red Lake and can be accessed by forest service roads
which traverse throughout the properties.
C SE: ST 9
RLX North & RLX South C SE: ST 10
2021 Exploration Program - RLX Projects
Historical Data Review, Examine Historical Drill Geological Mapping Geophysical
Compilation and Core (ENDM Core Library, and Sampling Surveys
Interpretation Red Lake)
• Use TOE data to define • Re-interpret digital mag and
• Review and compile digital • Geochemical sampling to areas to detail map for BSR VTEM data from TOE
data acquired from Tri determine Balmer
Origin Exploration (TOE) sequence rocks (BSR) • Complete SGH soil • Expand induced
sampling on east and west polarization to test BSR
• Add in new 2021 data to • Locate drill holes in field end of claims
enhance interpretations that are BSR and prospect
areas
Note: Following consultation with First Nation communities surrounding the project area, exploration permits were issued in June 2020, allowing geophysical surveys requiring a generator, mechanized stripping, bedrock
pitting and trenching, mechanized diamond drilling and trails to the sites of these planned activities. An additional permit is being applied for to also allow for line cutting of greater than 1.5 meters width.
C SE: ST 11Science-Based Exploration and Decision-Making
We propose to apply a variety of exploration techniques both old (traditional) and new. Some exploration
techniques have yet to be applied to the property, each of which will be evaluated for the relevance they
might contribute to our exploration efforts. These include, among other techniques:
SGH Soil Sampling Geological Mapping Primitive-mantle Normalized Geophysical
& Sampling Trace Element Geochemistry Surveys
Used recently by Great Bear
Resource, BTU Metals and Used recently by Pacton Used recently by Great Bear Expand historic survey grids to
GoldON on their Red Lake Gold on their Red Lake Resources and Bounty Gold further define highly prospective
exploration projects. exploration project. Corp on their Red Lake Balmer sequence rocks (BSR)”
exploration projects.
C SE: ST 12Belanger Project Overview
• Historical exploration work (mechanical stripping, diamond
drilling) on the 2,000-hectare property has identified a
significant Au-Ag-Cu showing that is exposed on surface in
three trenches along ~600 meters of strike:
• Gold values up to 60.44 g/t Au, copper values up to 5.47% Cu in selective
grab samples.
• 7 grab samples collected from Trench “C” in 2012 averaged 6.8 g/t Au
(range 1.01 g/t Au to 25.0 g/t Au) – notably, this trench has never been drill
tested.
• 2020 chip samples returned values of 24.8g/t Au over 60cm, 6.21g/t Au over
20cm, 5.80g/t Au over 82cm at Trench “E” and grab samples up to 2.94g/t
Au. Trench “C” chip samples returned 3.88g/t Au over 90cm, 1.97g/t Au
over 40cm, and grab samples returned up to 2.36g/t Au.
• Early exploration work will focus on validating historical sampling results
and following the occurrences along strike with a view to better
understanding the nature and controls on mineralization.
• Excellent forest road access from the town of Ear Falls.
Note: Grab and chip samples are point samples and may not be representative of overall
mineralization on the property.
C SE: ST 13Opportunity: Belanger Project C SE: ST 14
2021 Exploration Program – Belanger Projects
Historical Data Review, Re-examine Areas of Geological Mapping Geophysical
Compilation and Mechanical Stripping and Sampling Surveys
Interpretation and Bedrock Trenching
• Property-wide mapping and • High-resolution airborne
• Compile historical property • Resample to validate sampling magnetics
and regional data from historical assays
government surveys • Interpret geological and • Re-interpret property • Induced Polarization
structural controls on geology
• Analyze and reinterpret mineralization
data
• Prospect for strike
extensions
Note: Following consultation with First Nation communities surrounding the project area, exploration permits were issued in June 2020. The permit allows for line cutting greater than 1.5 meters width, ground
geophysics requiring a generator, mechanized stripping of overburden to expose bedrock, bedrock pitting and trenching as well as mechanized drilling. Other exploration activities, such as prospecting and
mapping, as well as airborne geophysical surveys do not require exploration plans or permits.
C SE: ST 15Ferdinand Gold Project
Overview
• Consists of 17 contiguous mining claims covering approx.
7,143 hectares
Red Lake
• The project is located within the eastern extension of
Ferdinand the Confederation-Uchi greenstone belt, one of the best
Property
metal endowed greenstone belt in the world:
• Property is 13 km NW of the town of Slate Falls. Access is currently by
logging roads with forestry logging operations scheduled for expansion on
property.
• The lack of access has played a major role in the limited exploration activity
on the property. There isn’t a single registered drill hole on the property, a
stat hard to believe in such a renown greenstone belt.
Belanger
RLX • Crustal scale structural features such as the Fry-Bamaji deformation zone
traverse the length of the property.
• Total magnetic intensity of the Ferdinand Gold Project display folded
stratigraphy along D2 structures. These are important structural features
that are important for gold-bearing hydrothermal fluids and traps. The Hinge
Zone at Great Bear Resources Dixie Gold Project in the same geological
environment to the west is a prime example of D2 structurally controlled
gold deposition.
C SE: ST 16Ferdinand Gold Project At over Regional Location and Access C SE: ST 17
Precious Metal Occurrences
of Ontario/Quebec
Ferdinand Gold Project
Mineral Occurrences of
the Superior Province
• The Ferdinand Property is situated within the
prolific Uchi Subprovince. It is one of the
most metal endowed greenstone belts in the
world by square kilometer.
C SE: ST 18Ferdinand Gold Project Property Regional Geology C SE: ST 19
Ferdinand Gold Project Regional Mineral Occurrences C SE: ST 20
Ferdinand Gold Project
Regional Total Magnetic Intensity
• Coarse regional total
magnetic intensity from
government sponsored
airborne magnetic surveys
reveal folded stratigraphy
on the Ferdinand Gold
Project.
• These are interpreted as D2
structures and very
important for conduits and
traps for goldbearing
hydrothermal fluids. Great
Bear Dixie Hinge Zone is a
prime example.
C SE: ST 21Bear Head Gold Project
Overview
• Bear Head Gold Project comprises of 31 mining claims
totaling 1,944 hectares in the Meen-Dempster Greenstone
Belt of the Uchi Subprovince.
• The Meen-Dempster Greenstone Belt is host to the Golden
Patricia former gold mine which produced 620,000 ounces of
gold at an average grade of 15.2 g/t Au from 1988-1997.
• The Dorothy Main gold deposit owned by Ardiden lies only 1km
from the Bear Head Gold Project. The Dorothy Main gold
deposit holds non-compliant historical resources of 46,600
ounces of gold at 6.17 g/t Au.
• Historical drilling in 1989 on the Bear Head Gold Project has
recorded 11.09 g/t Au over 1.79m, 3.98 g/t Au over 2.3m and
3.08 g/t Au over 2.5m associated with iron formation and
silicified mafic volcanics. Gold values were shallow atBear Head Gold Project Regional Location & Access C SE: ST 23
Bear Head Gold Project
Location
Contiguous to
Ardiden’s
Pickle Lake
Project
*Source: Ardiden Website.
C SE: ST 24CSE: ST Contact us: Mark Brezer Nicholas Coltura CEO & President Corporate Communications Phone: 604-989-6275 Phone: 778-886-6201 Email: mbrezer@straightupresources.com Email: Ncoltura@gmail.com www.straightupresources.com C SE: ST 25
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