Q1 2020 -Investor Presentation - Genesis Metals
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Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities constitute “forward-looking statements“. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations of future performance are “forward-looking statements“. We caution you that such “forward-looking statements” involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such risks and uncertainties include fluctuations in metal prices, unpredictable results of exploration, uncertainties inherent in the estimation of mineral resources and reserves, fluctuations in the costs of goods and services, problems associated with exploration and mining operations, changes in legal, social or political conditions in the jurisdictions where the company operates, lack of appropriate funding and other risk factors. There can be no assurance that such “forward-looking FORWARD statements” will prove to be accurate. Potential investors should conduct their own investigation as to the suitability of investing in securities of the company. Genesis Metals Corp. undertakes no obligation to update any “forward-looking statements”. We seek Safe Harbour. LOOKING *Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. STATEMENTS There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. The CIM definitions were followed for the classification of Indicated and Inferred Mineral Resources. The quantity and grade of reported Inferred Mineral Resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as an Indicated Mineral Resource and it is uncertain if further exploration will result in upgrading them to an Indicated Mineral Resource category. The contents of this presentation have been reviewed and approved Mr. André Liboiron P.Geo., Project Manager for the Company and a Qualified Person as defined in National Instrument 43-101. 2 TSX.V:GIS
HIGHLIGHTS Member of the Discovery Group of Companies Quebec – Top tier Mining Jurisdiction HIGHLIGHTS Current NI 43-101 Resource as of February 2019 Potential for new high-grade discoveries on 275km2 Chevrier Project Chevrier Gold Deposits are open for expansion with high-grade areas not systematically targeted to date 3 TSX.V:GIS
Recent Transactions Northern Empire acquired for $117M by Coeur Mining Acquired for $520M by Goldcorp 5 TSX.V:GIS
MANAGEMENT AND DIRECTORS • Former Director of Northern Empire Resources acquired by Coeur Mining; Former CEO of Underworld Resources, acquired by Kinross Gold for $138M in ADRIAN FLEMING, P.Geo. June 2010 CHAIRMAN and DIRECTOR • Former Exploration Manager for Placer Dome in Sydney, VP of Exploration for Golden Star and Miramar Mining • Professional economic geologist with +25 years of international experience • Key roles in successful discovery/acquisition, exploration and development of a DAVID TERRY, PhD., P. Geo. number of precious and base metal deposits, primarily in North and South CEO, PRESIDENT and DIRECTOR America • Director of Great Bear Resources, Golden Arrow Resources, and Aftermath Silver • Former Director of Northern Empire Resources acquired by Coeur Mining for JEFF SUNDAR $117M in October 2018 EXECUTIVE DIRECTOR • Former Director and VP of Underworld Resources, acquired by Kinross Gold for $138M in June 2010 • Quebec-based geologist with 26+ years of experience within Quebec ANDRÉ LIBOIRON P.Geo. and internationally. CHEVRIER PROJECT MANAGER • Extensive experience in managing exploration projects, logistics and reporting • Chief Financial Officer of Great Bear Resources, CFO of Riverside Resources ROBERT SCOTT, CPA, CA,CFA Inc. INDEPENDENT DIRECTOR • Over 10 years of experience with TSX.V listed issuers, serving in officer and director capacities. • Geologist with over 20 years of experience in exploration and development JOHN FLOREK, P.GEO • Former Sr. Geologist with Barrick Gold at Hemlo Mines and Placer Dome in Red INDEPENDENT DIRECTOR Lake KEENAN HOHOL, J.D. • Former General Counsel of Pan American Silver Corp and BHP Billiton INDEPENDENT DIRECTOR • Over 20 years of international legal, commercial advisory and mgmt. experience STEVE WILLIAMS MBA, P.Eng. • Current VP of Bluestone Resources INDEPENDENT DIRECTOR • Former Director of Investment Banking for Canaccord Capital 6 TSX.V:GIS
STRATEGIC ADVISORS • Former Director of Kaminak Gold acquired by Goldcorp for $500 Million JOHN ROBINS, P. GEO • Former Director of Northern Empire Resources acquired by Coeur Mining STRATEGIC ADVISOR • Strategic Advisor to Great Bear Resources • Former Director of Kaminak Gold acquired by Goldcorp for $500 Million JIM PATERSON • Former Director of Northern Empire Resources acquired by Coeur Mining STRATEGIC ADVISOR • Strategic Advisor to Great Bear Resources ROB CARPENTER, Ph.D. • Former CEO and co-founder of Kaminak Gold 2005 to 2013 STRATEGIC ADVISOR • Director of White Gold Corp ANDREW RAMCHARAN, Ph.D. • Former IAMGOLD Executive focused on M&A STRATEGIC ADVISOR • Former Managing Director of Project Evaluation at Sprott Inc • Former VP Exploration of NexGen Energy 2014- 2018 • Co-recipient of the PDAC Bill Dennis Award 2018 for the discovery and GARRETT AINSWORTH development of the Arrow Deposit. STRATEGIC ADVISOR • Co-recipient of the AME BC Colin Spence Award in 2013. For the discovery of the Patterson Lake South Project ÉRIC LEMIEUX, MSC, P. GEO • Former mining analyst at Laurentian Bank Securities in Montreal STRATEGIC ADVISOR • Former technical advisor with PearTree Securities 7 TSX.V:GIS
Shareholders CORPORATE STRUCTURE Retail Delbrook 50% Eric Sprott TSX.V – GIS Symbol OTCQB – GGISF US Global SIDEX/SDBJ/ FTQ Commodity Capital AG Shares Outstanding 41,681,569 Management & Advisors Gold 2000 16% Fully Diluted 57,016,001 Stock Options 3,800,000 Major Shareholders Eric Sprott Warrants 11,534,432 Commodity Capital AG Gold 2000 Delbrook Capital Management and US Global Investors 16% SIDEX/SDBJ/FTQ Advisors Management and Advisors Retail 6 TSX.V:GIS
HIGHLIGHTS 35km SW of Chibougamau, Quebec with excellent infrastructure Covers 15km of gold-endowed Fancamp Deformation Zone Chevrier Deposit Indicated Resource: 395,000 ounces of gold averaging 1.45 g/t Au at CHEVRIER Chevrier Deposit Inferred Resource: PROJECT 297,000 ounces of gold averaging 1.33 g/t Au Potential to expand tonnage and GRADE of existing resources Opportunity to identify new high-grade discoveries 8 TSX.V:GIS
CHEVRIER GOLD DEPOSIT LOCATION EXCELLENT ACCESS AND INFRASTRUCTURE: • Power-Line • Airport • Regional road • Main forestry road • Mining friendly area 11 TSX.V:GIS
CHIBOUGAMAU MINING DISTRICT OVER 6.7 MILLION OUNCES OF HISTORICAL GOLD PRODUCTION Chevrier Property expanded to 275 square km 12 TSX.V:GIS
CHEVRIER Current NI 43-101 Mineral Resource Estimate* Grade Cut-off Contained Zone Resource Category Tonnes (g/t gold) (g/t Gold) Gold (oz) Indicated 6,602,000 1.39 0.50 295,000 Open Pit Inferred 1.294,000 1.35 0.50 56,000 Main Zone Open Pit Inferred 311,000 1.53 0.50 15,000 East Zone *NI 43-101 Report for Chevrier Property, March 21, 2019 by A. Beauregard P.Geo., D. Gaudreault, P.Eng., M. Jutras P.Eng., and R. Banville P.Eng. Pit Constrained and Underground Resource Assumptions; $US Price of gold $1400 CAD:USD Exchange rate 1.25 Open Pit Mining Cost (per ton) $2.20 Processing Cost (per ton) $12.00 G&A Cost (per ton) $2.50 Mill Recovery 95% Pit Slope (degrees) 50 TSX.V:GIS
HIGHLIGHTS FROM MAIN ZONE 2017 DRILLING Phase 1 • 2.94 g/t Au Over 58.70 m in hole GM-17-09 (from 74.6 meters downhole) • 1.93 g/t Au over 43 m in hole GM-17-15 (from 49.6 meters downhole) • 1.89 g/t Au over 38.4 in hole GM-17-20 (from 95 meters downhole) • 1.23 g/t Au over 24.45 in hole GM-17-22 (from 19.5 meters downhole) • 1.06 g/t Au over 27.55 in hole GM-17-16 (from 112 meters downhole) Phase 2 • 8.73 g/t Au over 21.35 m in hole GM-17-42 (from 107 meters downhole) • 5.06 g/t Au over 8.45 m in hole GM-17-41 (from 108.2 meters downhole) • 4.47 g/t Au over 12.45 m in hole GM-17-46 (from 19.35 meters downhole) • 4.26 g/t Au over 19.40 m in hole GM-17-48 (from 67.3 meters downhole) • 3.59 g/t Au over 22.60 m in hole GM-17-42 (from 13.4 meters downhole) • 1.04 g/t Au over 50.05 m in hole GM-17-44 (from 109 meters downhole) *(Core lengths are shown. True length is calculated to be 65% of core lengths) 12 TSX.V:GIS
PLAN VIEW SHOWING MINERALIZED ZONES Oblique Plan View: Main Plan View: Main Zone Block Model Zone A X1 B1 X A1 B C 13 TSX.V:GIS
CHEVRIER MAIN ZONE LONG SECTION (MAIN A1 VEIN – BLOCK MODEL) X X1 400 m 200 m 0m Open to depth -200 m 21 0 200 m 14 TSX.V:GIS
CHEVRIER PROPERTY GOLD GRADES Top 20 Gold Intercepts (Grade x Thickness) Drill Hole From To Interval Gold Grade x ID (m) (m) (m)* (g/t) Thickness GM-17-42 110.00 113.00 3.00 37.97 113.90 GM-17-09 109.10 114.90 5.80 15.04 87.25 DO-35 227.25 229.00 1.75 44.06 77.10 DO-31 373.70 378.00 4.30 13.72 58.98 GDO-183 2.89 6.86 3.97 13.80 54.80 GDO-157 171.00 174.00 3.00 17.17 51.52 GM-17-42 126.00 127.90 1.90 24.52 46.59 DB-70 344.85 346.35 1.50 24.97 37.46 GM-17-44 204.35 208.90 4.55 8.19 37.25 GDO-155 121.50 126.40 4.90 7.50 36.73 FA-51 186.10 189.50 3.40 10.65 36.22 GM-17-48 77.00 80.40 3.40 10.18 34.61 GFA-201 97.25 100.75 3.50 8.98 31.41 GM-17-42 14.60 18.50 3.90 7.92 30.90 GFA-153 216.55 219.40 2.85 10.63 30.28 DO-05 64.35 68.05 3.70 8.00 29.59 GM-17-46 21.00 23.60 2.60 11.20 29.11 GM-17-48 72.60 75.00 2.40 11.63 27.92 GM-17-41 151.25 155.45 4.20 6.43 27.01 GDO-198 69.94 72.87 2.93 8.64 25.32 *(Core lengths are shown. True length is calculated to be 65% of core lengths) 15 TSX.V:GIS
CHEVRIER PROPERTY TARGETS RANKED • 23 Gold Targets Identified • 8 High Priority • Parallel Break Unconstrained Upside • 20 Kilometers of untested potential 16 TSX.V:GIS
MILESTONES AND PRIORITIES FOR CHEVRIER PROJECT New 43-101 Resource Q1 2019 2017 2018 2019 2020 Q3/Q4 Q1-Q4 Q1-Q4 Q1-Q4 • Drill target • 10,000 Meters of • Phase 2 assays • Updated 43-101 definition Drilling announced Resource Completed • Drilling; till • Interpretation • Detailed targets and • Drilling Main and modeling of technical review Main Zone Zone drill results • Property wide till • Drilling New • Relogging of 20 sampling targets historical drill • Till anomaly holes follow up • Prospecting and new target • Surface generation Program • Geophysics 17 TSX.V:GIS
OCTOBER GOLD PROPERTY • 100% Genesis Metals • Southwest Abitibi is the least explored portion of the region • October Gold Property is located in the Southern Swayze Greenstone Belt covering what is considered to be the Western extension of the Cadillac-Larder Lake Break • Over 62 Moz Gold produced along break • Newly emerging gold camp 18 TSX.V:GIS
OCTOBER GOLD PROPERTY • On trend with Newmont Corporation’s Borden Gold mine and IAMGOLD Corporation’s Cote Lake deposit • Probe Mines Limited acquired by Goldcorp Inc. for 100% OWNED $C526 million in March 2015 BY GENESIS • Trelawney Mining and Exploration Inc. acquired by IAMGOLD Corporation for $C585 million in June METALS 2012 • 200km2 October Gold Property straddles the Ridout Deformation Zone 19 TSX.V:GIS
OCTOBER GOLD PROPERTY 20 TSX.V:GIS
WHY INVEST IN GENESIS? • Proven management team, recently expanded experienced technical team with track record of success • Gold endowed at belt (Abitibi), Camp (Fancamp Deformation Zone) and Project (Chevrier) scales • High-grade gold component to current resource was not the focus of historical exploration Chevrier Drilling, 2017 • Excellent infrastructure (road, rail power, skilled labour force) with local First Nations and Community support • Large land position with existing gold resource open to expansion and additional potential for new high- grade discoveries High Grade Quartz-Tourmaline Veins at High Grade Quartz-Carbonate Veins: Chevrier – similar veins occur in Red 15.04 g/t Au over 5.8 m in hole GM-17-09 Lake, Ontario. 21 TSX.V:GIS
CONTACT GENESIS METALS CORP. Suite 1020 – 800 West Pender Vancouver, British Columbia V6C 2V6 CANADA Dr. David Terry, President and CEO Telephone: 604.551.2801 Email: dterry@genesismetalscorp.com Jeff Sundar, Executive Director Telephone: 604.646.8356 Email: js@genesismetalscorp.com www.genesismetalscorp.com TSX.V - GIS 22 TSX.V:GIS
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