IMC International Mining Corp - Thane Property A New Copper-Gold Porphyry Discovery
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IMC International Mining Corp.
Thane Property
A New Copper-Gold Porphyry Discovery
in British Columbia
1 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Cautionary and Forward Looking Statements
• The information contained in this presentation is provided by IMC International Mining Corp. (“IMC”) for informational purposes only and does
not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, securities of IMC or other financial products. The
information contained herein is not investment or financial product advice and is not intended to be used as the basis for making an
investment decision. The views, opinions and advice provided in this presentation reflect those of the individual presenters, and are provided
for information purposes only. The presentation has been prepared without taking into account the investment objectives, financial situation
or particular needs of any particular person. No representation or warranty, express or implied, is made as to the fairness, accuracy,
completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by
law, none of IMC nor its directors, officers, employees or agents, nor any other person accepts any liability, including, without limitation, any
liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation.
• Except for statements of historical fact, this presentation contains certain "forward-looking information" within the meaning of applicable
securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe",
"anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking
statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks
and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking
statements, including, among others, the accuracy of mineral grades and related assumptions, inherent operating risks, planned expenditures,
proposed exploration and development at the Thane Property, operating and economic aspects of the Thane Property, as well as those risk
factors identified in IMC’s Annual Information Form and other disclosure documents available at www.sedar.com under IMC’s name. IMC
undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change
except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. More detailed information
about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities
regulatory authorities by IMC.
• This presentation does not constitute an offer of shares for sale in the United States or to any person that is, or is acting for the account or
benefit of, any U.S. person (as defined in Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act") ("U.S.
Person"), or in any other jurisdiction in which such an offer would be illegal. IMC’s shares have not been and will not be registered under the
Securities Act.
Cautionary Notes regarding Technical Information
• This presentation includes disclosure of scientific and technical information. IMC’s disclosure of any mineral resource information is governed
by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (the “Instrument”) under the guidelines set out . There can be no
assurance that mineral resources will ultimately be converted into mineral reserves. Mineral resources are not mineral reserves and do not
have demonstrated economic viability. For further information regarding the Thane Property, reference should be made to the Technical
Report of the Thane Property, dated December 18, 2020 and available from the Company, CME Consultants Inc. in conjunction with the
following Qualified Person (as defined by the Instrument), Mr. Christopher O. Naas, P. Geo. Mr. Naas is not an independent person.
• This presentation provides no guidance with respect to the possibility of a resource and does not use the terms “measured”, “indicated” and
“inferred” resources.
• U.S. persons are advised that while such terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange
Commission does not recognize them.
2 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Mission Statement
To identify, develop and enhance shareholder value through:
• acquiring, exploring and developing quality mineral
properties
• engaging an experienced, professional team
• applying rigorous capital discipline
• practicing good corporate citizenship
3 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Board of Directors
T. Gregory Hawkins, P.Geo., Chairman to the Board of Directors
Mr. Hawkins has been involved in the mining exploration and investment industry since 1969. He has been variously responsible for the
identification and/or delineation of 10 mineral deposits in Canada, USA, Chile, Ghana, Mali and Zäire (DRC) with 7 deposits taken to
production.
David McMillan, Director, President, Interim CEO
Mr. McMillan has been involved in the mining and financial markets for over 40 years and has, since his retirement from the securities industry
in 2000, held numerous director and executive roles in public and private companies.
Christopher O. Naas, P.Geo., Director, Chief Operating Officer
Mr. Naas has over 34 years’ experience in the mineral exploration field in Canada, USA, South America and Africa and brings extensive
experience in the supervision of mineral exploration programs in that have successfully developed mineral resources from grassroot prospects.
Faizaan Lalani, Independent Director, Chair of Audit Committee
Mr. Lalani is an Accounting/Finance professional with over 10 years of experience covering auditing, financial reporting, corporate finance, and
operations management, Faizaan also founded his own apparel company, successfully selling the brand across North America over the last
four years. Recently, Faizaan was instrumental in a multi-million dollar raise for a privately held company through various US offerings. Prior to
this, he worked in the audit and assurance group at PwC, where he obtained his CA,CPA designation, gaining experience in both the public and
private sectors. Faizaan currently is on several board positions for both private and public companies.
Samir Patel, Independent Director, Chair of Governance Committee
Mr. Patel is a securities lawyer with over 11 years of experience in securities and corporate law, particularly in relation to M&A transactions,
continuous disclosure requirements, corporate governance and equity financings. He is currently General Counsel & Corporate Secretary at
First Mining Gold Corp., a gold exploration and development mining company listed on the Toronto Stock Exchange, and has been with First
Mining Gold since June 2016. Prior to that, Mr Patel has a Bachelor of Laws (Honours) degree from the University Nottingham in the United
Kingdom.
4 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Management Team
David McMillan, Director, President, Interim CEO
Mr. McMillan has been involved in the mining and financial markets for over 40 years and has, since his
retirement from the securities industry in 2000, held numerous director and executive roles in public and
private companies.
Christopher O. Naas, P.Geo., Director, Chief Operating Officer
Mr. Naas has over 34 years’ experience in the mineral exploration field in Canada, USA, South America and
Africa and brings extensive experience in the supervision of mineral exploration programs in that have
successfully developed mineral resources from grassroot prospects.
Jamie Lewin, Chief Financial Officer,
Mr. Lewin is a Chartered Professional Accountant, who also holds an MBA with a specialization in financial
management and a Certification in Public Companies. In addition, he completed an LLB at Laval University and a
BA in Economics from Western University. He has served as Chief Financial Officer of several junior mining
companies and has more than 20 years’ experience in accounting and finance for private and public companies
in the brokerage and investment, manufacturing, distribution, resources and service sectors.
Janet Francis, Corporate Secretary
Janet has over15 years; experience in the field of regulatory compliance and corporate governance. She has
served as a director or officer of a number of public companies listed on the Toronto Stock Exchange, TSX
Venture Exchange, and Canadian Securities Exchange in the technology, education, and mining sectors. She is
principal of a corporate secretarial firm providing services to publicly-listed and other reporting issuers and to
companies seeking to go public.
5 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Thane Property: Economic Setting
The Quesnel Terrane hosts past and planned production of:
– 50 billion pounds copper and 28 million ounces gold
– 16 producing and developing projects
Production Resources
Deposit
Cu (lbs) Au (oz) Cu (lbs) Au (oz)
Lorraine 372,000,000 229,000
Kemess South 784,000,000 2,950,000
Kemess U/G 900,000,000 2,500,000
Mt Milligan 3,150,000,000 8,000,000
Highland
Valley 8,900,000,000 226,000 7,504,358,400
New Afton 2,000,000,000 2,200,000
Afton 500,000,000 476,000
Ajax W/E 65,700,000 69,000 3,000,000,000 2,750,000
Mt Polley 433,000,000 468,000 2,400,000,000 3,700,000
Gibraltar 2,400,000,000 4,600 5,700,000,000
Woodjam 1,060,000,000
Copper Mtn 1,430,000,000 500,000 1,850,000,000 670,000
Kwanika 2,100,000,000 2,200,000
TOTAL 14,512,700,000 4,693,600 30,036,358,400 22,249,000
6 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Thane Property: Regional Setting
• Property located with
Quesnel Terrane
• Prolific belt for porphyry
style deposits
• Area of relatively low
exploration history
• Mid-way between past-
producing Kemess to
north and producing Mt.
Milligan to south
7 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Thane Property: Project Location
• 100% owned1 by IMC
International Mining
Corp.
• 206.58 sq. kilometers
• Close to power and road
access
1Subject to a 1% NSR
8 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Thane Property: Project Geology
• Hogem botholith and Nicola volcanics
• BCGS on going program of re-mapping Hogem batholith
Geology Total Field Magnetics with Geology Contacts
9 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
Thane Property: Airborne Geophysics
• Airborne survey flown by Geoscience BC in 2017
• Property covers significant magnetic and radiometric highs
Total Field Magnetics Radiometrics (K)
10 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Mineralized Areas
• 6 Mineralized Areas
identified to date
• Includes 3 recently
unknown mineralized
areas and all 6 areas have
multiple mineralized zones
• Each of the 6 areas have all
indicated copper and gold
mineralization as high as
13.9% CU, 77.8 g/t Au
along with silver as high as
56.4 g/t Ag.
• Mineralization styles range
from stockwork and
disseminated porphyry-
type to vein hosted
11 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cathedral Area
• Cathedral area is approx.
11km2 comprising 5
zones; Cathedral Main,
Cathedral South,
Pinnacle, Arc and Gully.
• 5 areas of significant
copper-gold
mineralization
• Rock samples resulted in
up to 13.9% Cu, 20.1 g/t
Au and 23.8 g/t Ag
• Average of 442 samples
from outcrop equalled
.37% Cu and .23 g/t Au.
12 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cathedral Area - Geology
• North-south trending, tilted alkalic porphyry
• Mineralization proximal to, and associated with, syentite
Geology Alteration
13 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cathedral Area: IP
• 3 large chargeability zones of up to 45 mV/V (background 5)
• IP chargeability highs coincident with anomalous soil samples
IP Survey IP Survey & Soils (Cu)
14 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cathedral Area
CU/AU in Soils
• Anomalous soil samples associated with copper-in-rocks
• Anomalous soil samples coincident with IP chargeability highs
Copper (Cu) Gold (Au)
15 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cathedral Area-Pinnacle Zone
E W
Looking south
16 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cathedral Area: Rock Samples
Vein hosted (Cathedral): Vein hosted (Pinnacle):
11.70% Cu, 3.69 g/t Au, 48.7 g/t Ag 0.03% Cu, 13.0 g/t Au, 4.8 g/t Ag
Stockwork (Cathedral South): Breccia (ARC):
0.75% Cu, 0.56 g/t Au, 2.8 g/t Ag 11.10% Cu, 2.77 g/t Au, 29.2 g/t Ag
17 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cathedral Area: Compilation
• Up to 13.90% Cu and
20.10 g/t Au in rocks
• Coincident copper-in-
soil, copper-in-rock and
IP chargeability highs
• Average 0.37% Cu and
0.23 g/t Au in 442
samples
• Previously unmapped
geology - Duckling Creek
Syenite Complex (hosts
Lorraine deposit)
• Alkalic-porphyry related
alteration and
mineralization over an
area of 4 sq. km
18 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cirque Area
• Deep seated, north-
south trending qz-ep-
cpy-mo veins
• Highest gold grade on
property from Ootes
Showing (77.8 g/t Au)
• Average of 0.77% Cu
and 0.44 g/t Au from
75 samples of O/C
19 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cirque Area: Copper
Geochemistry
Results obtained from rock sampling returned
values up to 8.70% Cu
20 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Cirque Area: Gold
Geochemistry
Results obtained from rock sampling returned values up to 2.72 g/t Au with AG
credits. Chip samples from the southeast (Ootes zone) returned values of 1.83 % Cu,
.454 g/t Au and 3.26% Cu, 77.8 g/t Au together with 56.4 g/t Ag.
21 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Gail Area – Rock Soil
Geochemistry
• 9 sq. km prospective
area
• Limited follow-up
work on soil and rock
anomalies
• Average of 0.44% Cu
from 256 samples of
O/C
22 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: CJL Area – Rock Geochemistry
• High-grade copper
associated with
Feldspar porphyry
dykes
• Magnetite-specular
hematite-chalcopyrite
• proximal to Hogem
batholith and Nicola
volcanics
23 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: CJL: Rock Samples
Sample 3050
0.30% Cu
1.21 g/t Ag
Semi-massive, disseminated
chalcopyrite>pyrite within
pervasive chlorite altered and
Hairline fractures and semi- sheared diorite.
stockwork chalcopyrite>pyrite
within strong K-feldspar and Fe-
oxide altered host.
Sample 3071
9.51% Cu
16.7 g/t Ag
24 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Lake Area – Silts Rock
Geochemistry
• 9 sq. km prospective
area
• Copper-in-silt
anomalies increasing
upstream
• Up to 4.56% Cu and
3.81 g/t Au in rocks
25 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: Mat Area – Historic Results
• Multiple quartz-carbonate sulphide viens
• Prior exploration from the 1970’s;s
through to the 1990’s reported a total of
41 chip samples from an exposed vein
over 230 meters with an overall grade of
746 g/t Ag.
• Follow-up drilling during this period
resulted in 2 holes returning grades from
165 g/t Ag to 468 g.t Ag.
• Further sampling resulting in grades as
high as 1140 g/t Ag, .51% Cu, 1.79% Lead
and 2.59% Zinc.
• In 2015, after the airborne survey
indicated a 1 kilometer by .5 kilometer
magnetic feature, Thane Minerals (now
100% owned by IMC) took confirmation
chip samples that returned values up to
4950 g/t Ag, 1.5% Cu, 3.3% Lead and
1.2% Zinc.
26 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: 2021 Work Program -
Cathedral
• Build geological
database by reviewing
historical rock samples
• Follow-up on historical
silt samples
• Detailed geological
mapping and sampling
Cirque-Gail-Mat areas
• Soil and IP surveying
Cirque-Gail areas
• Aerial photos & LiDAR
• Diamond drilling
Cirque-Cathedral
areas
27 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property 2021 Drill Program - Cathedral
• 6,150 meters in 20 holes from
12 pads
• Submit all core for
geochemical analysis
• Submit selective core for thin
section study
• Drilling objectives
– Target known copper/gold
bearing structures
– Test blind IP anomaly
(approx 500 meters x 1000
meters x 200 meters deep)
– Test coincident ip-soil
anomalies
– Obtain representative
sections through alteration
zones
28 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Thane Property: 2021 Exploration Budget
Project Prep (including historical review) $ 60,000
Mob/Demob $ 145,000
Camp Operations (including project $ 590,000 Helicopter Supported – 24 man camp
support)
Aerial Photos, LiDAR & Orthophotos $ 120,000 All 6 Mineralized Areas
(incl. ground markers)
Grid Establishment and Soil Sampling $ 115,000 All 6 Mineralized Areas
Prospecting $ 15,000
Geological Mapping and Rock Sampling $ 195,000 All 6 Mineralized Areas
Ground Geophysics $ 135,000 All 6 Mineralized Areas
Drill Pad Construction $ 280,000
Diamond Drilling (including core logging $ 3,265,000 7000 meters (6200 meters at Cathedral and 800 meters at Cirque)
& analysis)
Reports, including NI 43-101 $ 90,000
Cat Haul Road $ 300,000 Total length approx. 11 kilometers into South Central Cathedral area
TOTAL $ 5,310,000
29 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Capital Structure
Common Shares (January 31, 2021)
Authorized Unlimited
• Outstanding Shares 59,009,130
• Outstanding Common Share Purchase Warrants 13,636,850
Cash Value of $ 4,636,529
Average exercise price $0.34
Expiring 4/18/21 to 7/22/22
• Outstanding Unit Purchase Warrants 251,453
– Exercisable @ 48 cents expiring May 13, 2022
• Outstanding Options 8,135,000
– 3,597,500 vested in prices ranging from 16 to 50 cents
30 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021Current Operating Budget 2021
Advertising/Marketing/IR $ 136,328
Bank Charges: $ 1,500
Directors Fees: $ 41,500
Filing Fees; $ 73,157
Insurance; $ 12,420
Misc Office: $ 6,000
Management $ 219,000
Professional Fees: $ 62,000
GST Rebates; $ (58,784)
Total $ 493,121
(Burn Rate $41,093 per month = 10 months left in 2021)
Current bank balance $447,000 in flow through funds, $393,000 in hard dollars.
31 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021THANK YOU 32 CSE: IMCX | OTCQB: IMIMF | FRA: 3MX | March 2021
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