INVESTOR PRESENTATION - January 2021 - Alianza Minerals Ltd
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FORWARD LOOKING STATEMENTS Some of the statements contained in this presentation are forward-looking statements. Forward- looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production. This presentation does not constitute an offer of the securities described herein. Jason Weber, P.Geo., is the Company’s Qualified Person as defined under National Instrument 43-101. He is responsible for the technical disclosure in this document. TSX.V: ANZ 2
Generating the Next Discovery Exploring in stable jurisdictions with high mineral endowment Developing new exploration targets and early-stage opportunities Flagship Haldane silver project located in Yukon’s Keno Hill Mining District – New Discovery Outside of Haldane, the company utilizes a joint venture model with solely-funded projects to augment exploration profile Two other notable projects are Tim silver project, YT (partner is Coeur) and Twin Canyon Gold, CO Experienced team with expertise in early-stage exploration Supported by strong ownership groups Funded for 2021 activities 3 TSX.V: ANZ
The Alianza Team Jason Weber, P.Geo. Rob Duncan, M.Sc. (Geology) Mark T. Brown, CPA-CA President, CEO, Director Vice President, Exploration Executive Chairman Background in early-stage exploration, Over 30 years of experience in mineral Trained as a Chartered Accountant with execution of Prospect Generator exploration major producers (Rio Tinto PriceWaterhouseCoopers business model and Inmet Mining) to junior explorers Former controller of two operating gold Prior CEO roles with PG companies He has held senior management mines Rimfire Minerals, Kiska Metals and positions at several juniors exploring a Founder of Rare Element Resources, Estrella Gold wide variety of deposit types including taking it from inception to listing on Rimfire conducted $35 million in orogenic gold, porphyry copper (gold), NYSE-Amex exploration over 10 years, 85% funded VMS, intrusion-related gold, and President of Pacific Opportunity Capital by partners epithermal gold-silver systems Ltd, a financial consulting and merchant Partnerships with world’s largest Over ten years of management banking firm active in venture capital producers (Newmont, Barrick, experience specifically with prospect markets in North America Anglogold, Xstrata), mid-tiers (Inmet, generator companies such as Rimfire Hochschild and Coeur) & juniors Minerals and Evrim Resources 4 ANZ:TSX-V
The Alianza Team Winnie Wong, CPA-CA Craig Lindsay, CFA John Wilson, M.Sc., CPG Marc Blythe, P.Eng., MBA Chief Financial Officer Director Director Director Obtained Chartered Accountant Over 20 years of corporate Over 40 years of experience in CEO of Alianza’s predecessor, designation with Deloittes finance, investment banking & all aspects of exploration, Tarsis Resources, also a Partner in Pacific Opportunity business development discovery, reserve definition generator Capital experience and mine development Most recently VP of Corporate CFO of a number of Pacific CEO of Otis Gold until its Integral member of discovery Development at Nevsun Opportunity-affiliated junior merger with Excellon teams in Brazil, Nevada and Resources exploration companies Resources in April, 2020. Peru Former Senior Mine Engineer operating in North and South Founder and President of Extensive background in for Placer dome, leading America Magnum Uranium until its deposit and prospect internal and external mine merger with Energy Fuels in evaluations in varied geological valuations, feasibility studies 2009 settings worldwide and advised on acquisitions Founder of Malaspina Capital, merging it with Miranda Mining Corp, which was subsequently acquired by Wheaton River Minerals 5 ANZ:TSX-V
Capital Structure Share Price (as at Jan 27, 2021) C$0.16 12-Month Share Price Performance Shares Outstanding (basic) 137.9M Options Outstanding* 5.9M $0.30 4.5 Warrants Outstanding* 36.0M 4.0 Market Capitalization (basic) C$22.1M $0.25 Cash & cash equivalents C$2.6M 3.5 Enterprise Value (basic) C$21.2M Volume (mil) *5,915,000 options outstanding with a weighted average exercise price $0.20 3.0 Price ($) of C$0.12 and a weighted average life of 3.2 years *35,970,000 warrants outstanding with a weighted average exercise price of C$0.10 and a weighted average life of 1.9 years 2.5 *3,835,186 warrants issued Oct 20, with an exercise price of $0.20 and a life of 2 years. $0.15 2.0 Share Ownership $0.10 1.5 Funds 1.0 33% 36% $0.05 Management 0.5 Private Individuals $- 0.0 19% 11% Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 Jan-21 Retail 6 ANZ:TSX-V
Property Portfolio BASE AND PRECIOUS METALS IN THE NORTH AND SOUTH AMERICAN CORDILLERA YT Haldane White Commodity Mor River Tim (Coeur) Gold Silver KRL Base Metal BC Status Optioned Property East Walker Available for Option BP & Bellview NV CO Not Shown: Twin Canyon • Yanac (Copper Porphyry) – Peru Horsethief Ashby • Royalties (Gold) (Nevada 3 properties 1% (Mexico) Canyon) 1 property 1.08% (Peru) 7 ANZ:TSX-V
Haldane Property YUKON’S KENO HILL MINING DISTRICT A structurally-controlled silver vein prospect, 25 km west of the main Keno Hill Deposits. The project lies 30 km north of Mayo, YT, just off the Silver Trail route to Elsa and Keno City Located in the traditional territory of the Na-Cho Nyak Dun First Nation 8 ANZ:TSX-V
Eagle Gold Mine Haldane Overview Elsa Keno City Proven Mining-Friendly District; road accessible property High-grade silver mineralization Under-explored Mt Haldane Potential: at depth, on strike and in new vein systems Discoveries in 2019, 2020 - additional targets identified Room to at least double current known strike length of 12 km 10 Year Class 3 Land Use Permit in Place 9 ANZ:TSX-V
Keno Hill District • Over 217 M oz of silver production from 1913-1989 • Average production grade: 1,149 g/t Ag (37 oz/t), 5.62% Pb, 3.14% Zn • Current Resources in all categories ~128,750,000 oz Ag (March 2019 – Alexco website) • One of the world’s highest-grade silver camps • Canada’s second-largest silver producer Elsa Keno City 0 20km ANZ:TSX-V Mayo
Mayo Airport ANZ:TSX-V Electrical substation - Mt Haldane in background Haldane Property Access Road
Mt Haldane Looking west from Hector-Calumet – Keno District’s largest silver producer (96 M oz Ag) Mt Haldane 12 ANZ:TSX-V
Regional Geology Keno Hill District Haldane Property Western extension of the Keno Hill District Identical geological setting to Keno 13 ANZ:TSX-V
100 Years of History Late-70s sporadic exploration targeting tin/tungsten and later gold Mid-60s underground workings Keno District silver Original silver Alianza property-wide & trenching at MHVS – led by discoveries made discoveries at evaluation, new target Dr. Aaro Aho on Galena Ck Haldane development, 7 drill holes No record of work 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 2020 Underground working Equity Exploration-led developed at Middlecoff surface programs & and Johnson veins 13 drill holes • From 1918-2018, only sporadic work programs focused • Alianza’s approach – step back and on specific areas of the property were undertaken in the assess the entire property to prioritize Mt Haldane area targets for follow up 14 ANZ:TSX-V
Exploration Potential! 2018 – Property-wide mapping, geochemical sampling to assess and prioritize targets Focused on areas of little or no geological or geochemical information Definition of existing anomalies, identify new ones Ross and Northstar anomalies better defined, new Pb, Ag, Zn in soil anomaly outlined at Bighorn (2.8 km west of MHVS) Successful program – led to discovery! First hole drilled at Bighorn (2019) intersects Keno- style silver-lead mineralization. First campaign at West Fault intersects wide, high- grade zone of silver mineralization 15 15 ANZ:TSX-V
MHVS West Fault Target Looking North Mt Haldane Vein ANZ:TSX-V System
West Fault – A New Zone WIDE, HIGH-GRADE SILVER VEIN/FAULT Discovered in 2011 - HLD11-09 intersected 320 g/t Ag, 200 m below surface 2020 - Two holes tested downdip and along strike extensions • 8.72 m averaging 311 g/t Ag, 0.89% Pb, 1.13% Zn • Higher grade 1.78 m section averaging 818 g/t Ag, 3.47% Pb, 1.03% Zn 17 ANZ:TSX-V Silver-bearing galena vein at 260.15 m in HLD20-19. Interval returned 2400 g/t Ag, 15.85% Pb, 1.02% Zn over 0.65 m
West Fault View looking NE HIGH GRADE SILVER TARGET • 2020 results add another high-grade silver target with West Fault zone. • Follow-up to commence spring 2021 18 DrillANZ:TSX-V rig on site at West Fault target, 2020. View across valley to Middlecoff Zone (obscured by foreground trees).
Mt Haldane Vein System (MHVS) High Grade Silver discoved in early 1900s 1 km ANZ:TSX-V 19
MHVS – Middlecoff Zone • Four levels of underground workings, 8 u/g holes • 235 m of strike on mineralized structure • Evidence of extension to north (prospecting shaft) • Open to south Historic Results • 24.7 t of 3,102 g/t Ag & 59% Pb produced (1918-19) • 775 g/t Ag over 13.7 m strike (samples avg 1.0 m true width) • 2,791 g/t Ag over 1.2 m (hole UM-02, 40 m south of workings) - Never followed up! Current Drill Program • 2020 drilling tested extension plunging shallowly south - results pending • Two additional holes planned to test southern extension ANZ:TSX-V 20
Middlecoff Zone – Cross Section • Highly variable mineralization, structurally complex • Highlights - HLD19-16: 125.6 g/t Ag over a 10.66 m starting at 114.3 m • 0.35 m section above this returned 996 g/t Ag, 1.486 g/t Au and 28.35% Pb 125.6 over 10.66 m 21 ANZ:TSX-V
Middlecoff Zone – Looking West DDH HLD19-16,17 Upper Middlecoff Adit Mid Middlecoff Adit 8.5 oz/ton Ag DDH HLD20-20,21 ANZ:TSX-V
Exploration Potential! 2018 – Property-wide mapping, geochemical sampling to assess and prioritize targets Focused on areas of little or no geological or geochemical information Definition of existing anomalies, identify new ones Ross and Northstar anomalies better defined, new Pb, Ag, Zn in soil anomaly outlined at Bighorn (2.8 km west of MHVS) Successful program – led to discovery! First hole drilled at Bighorn (2019) intersects multiple vein structures and Keno-style silver-lead mineralization 23 23 ANZ:TSX-V
Bighorn Zone Geochemical signature • Strongly anomalous soil geochemistry (63.8 g/t Ag, >1% Pb in soil) 900 by 150 m, northerly trend, below Sourdough contact Geological setting • Basal quartzite unit hosts wide damage zones related to silicified, brecciated fault zones, primarily Fe-oxides at surface • Elevated Pb in damage zones around faults 63.8 g/t Ag >1.0% Pb 24 24 ANZ:TSX-V 75 m 98th percentile
Looking North Bighorn Zone Section • At least 4 vein-faults, correlate with geochem and mapped breccias • 2.35m interval of vein-fault returned 125 g/t Ag, 4.39%Pb • Mineralogy - typical galena-sphalerite-siderite, sulphosalts locally • Sulphides present in veins, suggest shallower depth of weathering 271m: Galena-sphalerite-siderite vn in quartzite 25 25 ANZ:TSX-V
Under-explored Keno-style vein system with THE HALDANE PROPERTY historic small-scale, high-grade production LIES WITHIN THE KENO HILL Potential to expand areas of known MINING DISTRICT - ONE OF mineralization along strike and down dip (West THE PREMIER SILVER- Fault, Middlecoff) PRODUCING DISTRICTS IN Potential to discover new vein systems as NORTH AMERICA evidenced by Bighorn Zone discovery At least 12 km of vein strike to explore – only 20 surface holes drilled to date on property 26 26 ANZ:TSX-V
2020 drilling tested: • Extension of Middlecoff Zone NEXT STEPS • West Fault along strike and down dip Spring 2021 program to commence as early as possible • follow up Middlecoff and West Fault success • expand Bighorn Zone discovery • Ross Anomaly test Ground-truthing of early stage targets elsewhere on the property 27 ANZ:TSX-V
Tim Property, Yukon A carbonate replacement style silver-lead target, Yukon Territory ANZ:TSX-V
Tim Property Highlights High grade silver mineralization at surface 1988 trench: 10.28 oz/ton Ag, 9.12% Pb over 4 m Oxide mineralization 4-30 m wide in trenches over 1,700 m of strike length Proximity to operating Silvertip Mine (Coeur) same age rocks, mineralization style (Carbonate Replacement) Road-accessible (from Silvertip mine road) Optioned to Coeur Mining. Coeur can earn 80% interest by: completing $3.55 million in exploration over 5 years making $575,000 cash payments completing feasibility study by 8th anniversary 29 ANZ:TSX-V
Tim Property Location • Access via Silvertip Access Rd, 100 km west of Watson Lake, YT • Four-wheel drive road (20 km) to property from 19 km point of Silvertip Rd. Watson Lk Tim Property Silvertip Mine 30 ANZ:TSX-V
Tim – Proximity to SilverTip Mine 1980s trenches Yukon Territory British Columbia 31 ANZ:TSX-V
Tim Property Compilation 2013 Program 356, 7.54 3.7 Trench Result Ag (g/t), Pb (%) metres 32 ANZ:TSX-V
Tim Property Trench 3 – Looking SW › 2013 program re-opened 1980’s trench #3 exposing high-grade silver bearing carbonate replacement mineralization (CRM) at surface › Three channel samples confirm 1980’s results Channel Interval (m) Silver (g/t) Lead (%) Central 6.40 220 4.74 Including 3.70 365 7.54 including 0.70 976 8.32 West 2.70 269 8.23 including 0.70 829 7.94 East 2.50 280 10.28 33 ANZ:TSX-V
Tim Property Plans Next program to investigate new and existing trenches Soil geochemistry to west and north Detailed mapping to identify structural and stratigraphic controls on mineralization Identify potential drill targets 34 ANZ:TSX-V
Twin Canyon Project, La Plata District, Colorado TSX.V: ANZ ANZ:TSX-V
Summary 1. Novel gold occurrence - likely unrecognized as a viable gold deposit model Strong evidence for gold-petroleum association in sandstone. 2. Charlene Mine - family operated gold mine - 150 m of workings Free gold obtained by crushing the friable host sandstone and sluicing free gold. 3. Potential may be greater than just the Charlene Mine Preliminary soil geochemical surveys and 1980s vintage conventional rotary drilling indicate gold over a larger area. 36 ANZ:TSX-V
Twin Canyon Location – SW Colorado › Located in the past – producing La Plata District of SW Colorado › Approximately 14 km ENE from the town of Mancos Colorado Twin Canyon Prospect, southwest Colorado. Twin Canyon Mancos ANZ:TSX-V 37
Twin Canyon Property – Infrastructure County Rd 316 Twin Canyon Property (access route) US Highway 160 ANZ:TSX-V View looking northeast
Twin Canyon Claims › Alianza has expanded the property position to over 450 Hectares Alianza Minerals Ltd Twin Canyon Property La Plata & Montezuma Counties, CO 39 ANZ:TSX-V
Twin Canyon 2020 BLEG Gold Soil Geochem Sampling by Alianza in 2020 focused on the Junction Creek sandstone contact • confirmed the historic work over Anomaly A • defines a 20 – 460 ppb gold anomaly 0.208 g/t Au 0.194 g/t Au measuring over 1,900 m long by 100 m wide. (grab) (grab) Prospecting discovered bitumen spotted Expanded soil sandstone that returned 208 ppb gold geochemical anomalies Follow-up BLEG soil sample survey Charlene Mine 0.587 g/t Au (grab) defined a further 800m by 300m area of anomalous gold in soils along the eastern 0.148 g/t Au extension of the Junction Creek Sandstone (grab) Further anomalous regional reconnaissance BLEG soil samples require follow-up definition sampling and prospecting Over 3000m of anomalous Junction Creek sandstone defined! 40 ANZ:TSX-V
Twin Canyon – Past-Producing Charlene Mine 150 meters of underground workings on two levels (lower level has collapsed) Areas with higher concentrations of bitumen spotting and manganese oxides targeted for processing Mined material broken and crushed then gold recovered by gravity separation Several thousand ounces of gold reportedly mined from the late 1980’s to 1990’s 41 ANZ:TSX-V
Twin Canyon Charlene Mine Mineralization Grab samples range from 0.1 to 15.77 g/t gold Channel samples range from 0.1 to 8.1 g/t Highlighted results >2 g/t Au gold over 3m* Underground grab samples in black and channel samples in blue* Mineralization consists of a combination of bitumen, limonitic, or manganese spotted or fracture-controlled Junction Creek friable sandstones 42 ANZ:TSX-V *channel samples are of a historic nature and the necessary work to validate the results have not been undertaken
Next Steps Final drill target definition Permitting underway for 2021 drill program 43 ANZ:TSX-V
2021 Major Catalysts Haldane Drilling Results Haldane drilling Haldane Drilling Results Tim Trenching Tim Trenching Results BP & Bellview fieldwork? Results KRL fieldwork? Results Twin Canyon Results Twin Canyon Drill Program? Results 44 ANZ:TSX-V
Why Alianza? Active project portfolio › Mix of wholly-owned and optioned out projects › Precious metals focus in a rising market › Copper generative program › Strong mining jurisdictions Steady news flow › Drilling (Haldane, others) › Advancement of early-stage projects › Potential new acquisitions or property option agreements Market Awareness › Alianza recognized for having a strong portfolio of projects by both potential partners and investors Multiple active projects mean investors have greater exposure to discovery 45 ANZ:TSX-V
Contact Us @AlianzaMinerals Jason Weber, P.Geo. - President and CEO Sandrine Lam - Investor Relations Suite 410 – 325 Howe Street Vancouver, BC V6C 1Z7 https://www.facebook.com/alianzaminerals/ (604) 687-3520 www.alianzaminerals.com https://www.youtube.com/user/TarsisResourcesLtd/featured https://www.linkedin.com/company/alianza-minerals-ltd/ 46
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