Metalex Ventures Ltd. · TSXV:MTX
Metalex Ventures — Investor Presentation (November 2023)
23 slides from Metalex Ventures's investor presentation, Nov 22, 2023
Slide 1: Corporate Presentation
Corporate Presentation 1
Slide 2: Metalex Ventures Ltd
Metalex Ventures Ltd • Metalex Ventures Ltd is a public company listed on the TSX Venture Exchange ▪ Established in 2003 • Metalex is led by Dr Charles Fipke ▪ Discoverer of the Ekati Diamond Mine in the NWT • Chad Ulansky is the President and CEO ▪ Worked with Chuck during the discovery of Ekati
Slide 3: Primary Projects
Primary Projects Quebec Project ▪ Drill program completed on A5 claim block ▪ Airborne geophysics completed over B3 claim block ▪ Field work program completed South Africa “Viljoenshof” Project ▪ Application for a Mining Permit continues U2 Project ▪ Progress continues to be dependent on Attawapiska
Slide 4: Quebec Project
Quebec Project •Metalex has collected nearly 10,000 samples from central Quebec •The 2023 field program included work on many of our claim blocks: ▪ 279 Heavy mineral samples ▪ 698 Soil samples ▪ 54 rock samples •Airborne electromagnetic and magnetic survey completed over claim block B3 ▪ Results pe
Slide 5: Quebec Land Position
Quebec Land Position Hudson Bay / Baie d'Hudson Quebe¢ O° se Ottawa Montreal NEWFOUNDLAND AND LABRADOR / NEY ees ocharlottetown NOUMEBUABRUNSWIC Ks % NOVA SCOTIA / NOUVELLE-EGOSSE TERRE-NEUVE-ET-LABRADOR Legend Z| Metalex Geochemical Survey Area Metalex Claim Block Commodity Base Metal Diamond Gold
Slide 6: Claim Blocks A1 and A2 – Good Neighbourhood, Right Rocks
Claim Blocks A1 and A2 – Good Neighbourhood, Right Rocks 6
Slide 7: Claim Block A1 – Lithium Results
Claim Block A1 – Lithium Results 7
Slide 8: A1 Gold Potential
A1 Gold Potential } LO wetalex claim | © 1500-24000 Legend P \ceflow Direction x 2023 oil Sample Gold in Heavy Mineral Concentrate Au (996) © 0-3,000 © 3,000-8,000 © 8:000- 15,000 O > 24,000 Figure 5 A1 Property Gold Results and Airborne EM Survey Quebec, Canada Scale: 1:68,296 Spatial Reference Nam
Slide 9: A2 Gold Potential
A2 Gold Potential Pat © “<3 J SEL Legend 1 Meatex claim DH cefow Direction X 2023 Soil ample Gold in Heavy Mineral Concentrate Au (ppb) © 0-300 © 3,000- 6,000 © 5.000- 9,000 O 2000. 12,000 O>r« Figure 6 A2 Property Gold Results and Airborne EM Survey Quebec, Canada ‘Scale: 1:50,000 Spatial Reference
Slide 10: Claim Block A5 – Gold, Ilmenite and Scandium
Claim Block A5 – Gold, Ilmenite and Scandium 10
Slide 11: Area 5 – Targeting Conductors With Drilling
Area 5 – Targeting Conductors With Drilling 11
Slide 12: Claim Block B3 – Nickel, Copper, Cobalt
Claim Block B3 – Nickel, Copper, Cobalt 12
Slide 13: South African Project - Location
South African Project - Location 13
Slide 14: South Africa Project
South Africa Project • Metalex has acquired an interest in a diamond project in South Africa ▪ Close to the Kimberley Mines • Historically explored by DeBeers • A mining license is currently being applied for to allow secure land tenure ▪ Heritage, ecological and geohydrological reports just submitt
Slide 15: South Africa Project
South Africa Project •IIP has conducted some recent work •Several kimberlites sampled ▪ High quality DIMs recovered ➢Suggest high grade
Slide 16: U2 Project
U2 Project •Metalex’s U2 kimberlite show the potential to be a significant diamond mine •A 10,000 ton sample is to be collected with large diameter drilling •The program is fully permitted 16
Slide 17: U2 Kimberlite Pipe – Discovery
U2 Kimberlite Pipe – Discovery •Initial test results are similar to DeBeers’ Victor Mine ▪ Similar large size (9.3 Ha) ▪ Similar age ▪ Similar diamond indicator minerals ▪ Similar high proportion of gem quality stones (>80%) 17
Slide 18: Project Location
Project Location •Proposed infrastructure to the Ring of Fire will provide nearby access to the U2 project
Slide 19: Exploration Agreement
Exploration Agreement •The U2 project is in the traditional territory of the Attawapiskat and Marten Falls First Nations •The proposed exploration agreement encompasses monies for training, employment, First Nation contracts and compensation •Marten Falls has signed the agreement. •Attawapiskat is p
Slide 20: News flow
News flow • With the work conducted this fall there is abundant news ahead: ▪ Rock sample results from claim block A1 for gold and lithium ▪ Geophysical results from claim block B3 ▪ Prospecting rock sample results from additional claim blocks ▪ Drill results from claim block A5 ▪ Soil samples targe
Slide 21: 2024 Plans
2024 Plans • Lithium ▪ Metalex has ~10,000 heavy mineral samples covering almost 400,000 km2 of central Quebec ➢ The concentrates from these samples can be used to detect lithium bearing pegmatites ➢ This is likely the most comprehensive dataset over this area in existence ▪ Processing of samples fr
Slide 22: The Company: Capitalization and Ownership
The Company Capitalization and Ownership Company Name Metalex Ventures Ltd. Symbol MTX-TSXV Shares Outstanding 234.4 million Share Price (Nov 21, 2023) $0.015 Market Capitalization $3.5 million Options 6.3 million @ $0.08 to $0.15 Warrants 22 million @ $0.08 Fully Diluted Shares O/S 262.7 million Ca
Slide 23: Contact details
203-1634 Harvey Ave. Kelowna, British Columbia, V1Y 6G2 tel 250.860.8599 fax 250.860.1362 [email protected]
Metalex Ventures — Investor Presentation (November 2023) on 6ix