Corporate Presentation - March 2019 A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud - Blackrock Gold
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March 2019 Corporate Presentation A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud
Forward Looking Statements This material includes “forward-looking” statements or information within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or the anticipated performance of Nexus Gold Corp. (“the Company” or “Nexus”) and reflect management’s expectations, objectives or beliefs regarding such future events and anticipated performance. In certain cases, forward-looking statements can be identified by the use of words such as “further” “suggests”, “further evidence”, “potentially”, “possibly”, “indicates” or variations of such words and phrases or statements that certain actions, events or results “may”, ”could”, “would”, ”might”, or “will be taken”, “occur” or “be achieved”, or the negative of these words or comparable terminology. Forward looking statements rely on a number of assumptions which management believes to be reasonable, including assumptions regarding the Company’s ability to obtaining necessary financing, personnel, equipment and permits to complete its proposed exploration plans, and to identify additional gold properties for exploration. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of the Company to be materially different from any anticipated performance expressed or implied by the forward-looking statements. Such factors include various risks related to the Company’s operations, including, without limitation, fluctuations in spot and forward markets for gold and other metals, fluctuations in currency markets, changes in national and local governments in Nevada and generally, the speculative nature of mineral exploration and development, risks associated with obtaining necessary operating and environmental permits, the presence of laws and changes in regulations that may impose restrictions on mining, limitations in respect of management time and resources, lack of personnel and equipment necessary to carry out the Company’s proposed exploration and development and other delays (including in obtaining financing) which could result in the Company missing expected timelines, and the fact that the Company may not be able to identify additional mineral properties for acquisition or option on acceptable terms. Although the Company has attempted to identify important factors that could cause actual performance to differ materially from that described in forward-looking statements, there may be other factors that cause its performance not to be as anticipated. The Company neither intends nor assumes any obligation to update these forward-looking statements or information to reflect changes in assumptions or circumstances other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those currently anticipated. The information contained in this document is drawn from sources believed to be reliable, but the accuracy and completeness of the information is not guaranteed, nor does the Company assume any liability. The Company disclaims all responsibility and accepts no liability (including negligence) for the consequences for any person acting, or refraining from acting, on such information. This document is neither an offer nor the solicitation of an offer to sell or purchase any investment. Any unauthorized use, disclosure, distribution or copying of this document by anyone other than the intended recipient is strictly prohibited. 1
Positioned for Success Silver Cloud Strategy A large, uniquely situated 4,537 hectare Anchored by a seasoned Board (11,210 acres) land package and Management Within north-central Nevada, the richest Intent on unlocking value and opportunity gold mining area in North America Focused on developing our flagship Strategically located along the Silver Cloud project Northern Nevada Rift 2
Elite Team Mr. Deepak Malhotra, Director Mr. Gregory Schifrin, Director and CEO John Seaberg, Director and Chairman the President of Resource has worked as a geologist and manager for over Mr. Seaberg was most recently Senior Vice Development Inc., a diversified mining 35 years in the mining and mineral exploration President, Strategic Relations for Klondex consulting services company in Colorado, industry where he has been involved in precious Mines, Ltd. from 2015 to 2018. Klondex, a USA. He has a wealth of knowledge and metal high grade vein system, base metal, rare junior-tier gold and silver mining company expertise in metallurgical research, process earth and uranium exploration and development. focused on exploration, development, and development for new properties, plant Mr. Schifrin has provided technical services and production in Nevada, USA, and Manitoba, troubleshooting, plant audits, detailed project management on hundreds of projects for Canada, was recently acquired by Hecla Mining engineering, and overall business major and junior mining companies through his Company. At Klondex, John was responsible management, developed while working on consulting and service company. During his for global investor relations and corporate over 50 gold projects throughout the world. various tenures, Mr. Schifrin has been executive development initiatives as an acting member During his career, Deepak has worked with management and a board member of numerous of the senior executive team. Prior to Klondex, various financial institutions, such as the junior mining companies where he managed he was employed for more than 10 years by International Finance Corporation (IFC) and corporate finance, accounting, legal and regulatory Newmont Mining Corporation, a Fortune 500 other investment funds. He has been an requirements, investors, personnel, exploration, company based in Denver, Colorado and the independent Board member of TSX-listed geologic evaluation, project development and world’s second largest gold producer, where Canarc Resource Corp., since June 29, 2015. infrastructure, project generation, and land he last held the position of Vice President, He has a Ph.D. in Mineral Economics and is a acquisition. Mr. Schifrin has a BSc in Geology Investor Relations. John has an MBA from Metallurgical Engineer and Mineral Economist. from the University of Idaho, College of Mines. the University of Denver, Colorado. With over 120+ years of combined industry experience, BRC’s deep understanding of the industry helps structure sustainable operations while maximizing profitability. 3
Elite Team Mr. Hendrik Van Alphen, Director has over Mr. Alan Carter, Director Mr. Catalin Kilofliski, 30 years of experience in the mining industry. During President, Chief Executive Officer and Director Director is the CEO of Locrian his career Mr. Van Alphen has been involved in raising over of Cabral Gold Resources. Catalin is a $1 billion in financing for various junior resource companies. Dr. Carter has over 25 years of experience in the minerals Professional economist with Mr. Van Alphen currently serves as CEO and Chairman of exploration industry. He spent seven years working for 20 years of experience in Wealth Minerals Ltd. Mr. Van Alphen served as President of Rio Tinto Corp. in South America and the United Kingdom, business development, mergers Pacific Rim Mining Corp., a successful South American based most recently as Exploration Manager in Bolivia. In 1996, and acquisitions, corporate Resource Company. Mr. Van Alphen served as Vice President he became President and CEO of Balaclava Mines and finance, communications, of Corriente Resources Inc., from 1994 to 2001. Mr. Van moved to Lima, Peru. Dr. Carter joined Billiton Plc in 1998 governance and sustainability Alphen served as the Chairman of International Tower Hill and in 2000 moved from Lima to Vancouver. Following the in Canada, US, Europe and Asia. Mines Ltd. from September 22, 2006 to November 17, 2011. merger of Billiton with BHP, he assumed the role of He has been instrumental in Held executive positions with Corriente Resources Inc. Is a Manager, Business Development within the BHP Billiton raising over CA$200 million in Director of Centenera Mining Corporation since May 15, 2015 Exploration Group and was the Chief Operating Officer the joint venture, equity and debt and Blackrock Gold Corp. since August 29, 2016. Mr. Van of Peregrine Diamonds Ltd. from mid-2004 to late 2006. financings for mineral resource Alphen has been an Independent Director of Jagercor Energy Dr. Carter was a co-founder of both Peregrine Metals Ltd. projects since 2010. Corp. since December 8, 2015, Ethos Gold Corp. since and Cuprum Resources Ltd., and is currently a director August 18, 2009, Wealth Minerals Ltd. since September 27, of Peregrine Diamonds Ltd., Blackrock Gold Corp. and 2004, Cardero Resource Corp. since April 19, 1999, Indico Anfield Gold Ltd, and Chairman of Fremont Gold Inc. Resources Ltd. since April 30, 2012 until July 29, 2016. He He has a B.Sc. degree in Geology from the University of served as a Director at Trevali Resources Corp. since March Nottingham, U.K. and a Ph.D. degree in gold geochemistry 9, 2007, Athlone Energy Ltd. since June 13, 2002 and Trevali from the University of Southampton, U.K. Most recently, Mining Corporation since March 9, 2007. He served as a Dr. Carter founded Magellan Minerals Inc. which listed Director of Balmoral Resources Ltd., from April 1, 2010 to on the TSX Venture Exchange in early 2008 and was January 31, 2014. acquired by Anfield Gold Corp. in May 2016. 4
Adjacent to Hecla mining companys’ Hollister Silver Cloud and Midas Mines – sharing similar attributes. High-grade, low sulphidation epithermal gold On trend for high-grade & silver project mineralization Limited drilling on Silver Cloud has yielded results in excess of 4oz/tonne over 1.5m 5
Location Strategically Located within in the North Nevada Rift Adjacent to the Hollister and Midas Mines 6
Location • 552 lode mining claim block (11,210acres) claim block, • Located 8 km (5 miles) west of the Hollister mine of Hecla Mining which has a Measured and Indicated Resource of 0.43Mt @ 16.6g/t gold (for 208,000oz) and an Inferred resource of 0.18Mt @ 14.4g/t gold (for 74,000oz) and is expected to produce 30,000 – 35,000oz of gold in 20171. • Located 20 km (12.5 miles) from Midas Mine which has a Measured and Indicated Resource of 1.11Mt @ 12.9g/t gold (for 419,000oz) and an Inferred resource of 0.67Mt @ 10.4g/t gold (for 203,000oz) and is expected to produce 45,000 – 50,000oz of gold in 20171. 7
Mineralization – A Hollister Analog • Low-sulphidation epithermal Au-Ag banded vein deposits. • A limited drill program completed by Teck (10 holes) between 1999 and 2001 encountered 1.5 m @ 145 g/t Au immediately below the Silver Cloud Mine area • In 2002 Placer-Dome drilled 12 m @ 5.53 g/t Au in the Northwest Canyon target area, confirming the presence of high grade gold mineralization at depth. • Neither of these intercepts were ever followed up. 8
Project hasn’t been systematically explored for gold, and hasn’t seen any drilling in over a decade. Untapped Potential Similar to Hollister and Midas, massive siliceous hot springs deposits. 9
High Grade Vein Potential Geophysical Section of Silver Cloud Targets • Note High Grade Vein targets • Additional geophysical work Occur along Structure and drilling to identify targets required. Projection of the SCP-15 Silver Cloud Mine 12.2 m @ 5.6 g/t Au 53.6 g/t Ag Looking North Incl. 1.5 m @ 12.6 g/t Au 86.0 g/t Ag SCT-6 1.5m Silver Cloud Structural Zone A @ 145g/t Au SCSZ A’ Volcanic Rocks Paleozoic Rocks (Undrilled) Unconformity High-Grade Vein Potential Line 8855 Inverted CSAMT Resistivity Section 10
Targets • High Grade Gold Bearing Veins – 2 to 5 meters thick • Situated 200 to 500 meters below the surface • Multi- million ounce potential 11
Investors TSX-V BRC OTC BKRRF FSE AHZ SHARES ISSUED 42,992,518 WARRANTS ISSUED 9,405,000 OPTIONS GRANTED 4,050,000 FULLY DILUTED 56,447,518 12
2300 – 1177 West Hastings Street Vancouver BC Canada V6E 2K3 604 638 3696 Greg Schifrin EXT 1428 Amit Kumar EXT 1429 info@blackrockgold.com A Discovery Driven Exploration Company Focused on Uncovering Gold at Silver Cloud
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