Aurelius Minerals Inc. · OTC:AURQF

Aurelius Minerals — Investor Presentation (June 2022)

25 slides from Aurelius Minerals's investor presentation, June 2022

  1. Slide 1: Advancing Nova Scotia’s Emerging Gold District

    TSXV AUL OTCQB AURQF @Aurelius_AUL_ca Advancing Nova Scotia’s Emerging Gold District Corporate Presentation June 2022 Mark NJ Ashcroft, P.Eng, President & CEO

  2. Slide 2: Cautionary Statement

    Cautionary Statement This Presentation includes and is based information and statements, other than statements of historical fact, which are “forward-looking information” within the meaning of applicable securities laws that could cause actual results to differ. Aurelius Minerals (the “Company”) pro

  3. Slide 3: Investment Highlights – an Emerging Gold camp

    Investment Highlights – an Emerging Gold camp Canadian Exploration Story : Growing Resource, Existing Infrastructure, Mining Friendly Jurisdiction ⮚ Strong asset base in mining and exploration friendly Nova Scotia; seasoned management team with track record of success ⮚ Four distinct high grade gold

  4. Slide 4: Aurelius Minerals: Profile

    Aurelius Minerals: Profile ⮚ Nova Scotia-based gold exploration company Aureus East(1), Aureus West(2), Forest Hill(3) & Tangier(4) ⮚ Excellent results applying new exploration methodologies NI 43-101 Resource Table and interpretations to geological model Categories Tonnage Au Grade Gold (oz) (kt) (

  5. Slide 5: Aureus Gold – Extensive, Regional Mineralization System

    Aureus Gold – Extensive, Regional Mineralization System ⮚ Aureus East and West offset by regional Harrigan Cove Fault (~1km) ⮚ ~10 km of observed mineralized strike ⮚ Aureus East drilling confirms high grade nature of gold system ⮚ Aureus West mineralization demonstrates near surface, open pit targe

  6. Slide 6: Aureus East: Flagship to Drive Near Term Value Creation

    Aureus East: Flagship to Drive Near Term Value Creation ⮚ Advanced gold project in Nova Scotia with robust, constrained, NI 43-101 Resource ⮚ 162,700 oz Indicated ⮚ 387,600 oz Inferred ⮚ High grade underground and open pit opportunities ⮚ 2500+m of accessible underground workings, dewatered for year

  7. Slide 7: Aureus East: Extensive Infrastructure Endowment

    Aureus East: Extensive Infrastructure Endowment ⮚ Multiple infrastructure components already in place – awaiting resource definition and technical work to advance project towards production  300tpd Mill Operational  Surface maintenance workshop  Flotation circuit  Ball Mill  Gravity table  U/G

  8. Slide 8: New Geological Approach & Interpretation has Unlocked Significant Potential

    New Geological Approach & Interpretation has Unlocked Significant Potential ⮚ Saddle Reef Gold deposit ⮚ Mineralization occurs in layered & repeating horizons along extensive strike lengths, open at depth and laterally ⮚ 57 new gold zones discovered on Aureus East in two phases of drilling ⮚ Fine gr

  9. Slide 9: Aureus East – Exploration Indicates Upside and Optionality

    Aureus East – Exploration Indicates Upside and Optionality ⮚ Successful exploration results: ⮚ 100% hit rate in 49+ holes ⮚ Rigorous sampling found gold which was previously left in core boxes and in the mine ⮚ Gold found within 0.5m of existing U/G infrastructure ⮚ Channel sampling identified high

  10. Slide 10: Channel Sampling – Identified high grade gold not encountered by historical drilling

    Channel Sampling – Identified high grade gold not encountered by historical drilling 944L Channels: • 023, grading 168.0 g/t Au over 1.5m, • Including 501.0 g/t Au over 0.5m; • 002, grading 39.1 g/t Au over 1.55m, • Including 90.1 g/t Au over 0.65m; • 013, grading 6.33g/t Au over 2.2m, • Including 2

  11. Slide 11: Aurelius East Maiden Mineral Resource Estimate

    Aurelius East Maiden Mineral Resource Estimate Aureus East(1) Gold Project NI 43-101 Resource Table May 2022 Resource Category Indicated Inferred Tonnes (t) Au Grade Ounces Tonnes (t) Au Grade Ounces (‘000s) (g/t) (‘000s) (g/t) Total Open Pit 654 3.71 78,000 2,557 1.79 147,200 Underground 332 7.94 8

  12. Slide 12: Aureus East Plan View 2022 MRE Pit Shell

    Aureus East Plan View 2022 MRE Pit Shell N 12

  13. Slide 13: 2022 MRE Pit Shell - long section – deposit open to the East

    2022 MRE Pit Shell - long section – deposit open to the East West East 1,300m strike length Aurelius Phase 1 & 2 Drilling Focus 13

  14. Slide 14: Aureus East – MRE: Cut-off grade parameters for a constrained resource

    Aureus East – MRE: Cut-off grade parameters for a constrained resource Open Pit Resources: Cut-off Grade Underground Resources: Cut-off Grade Parameters Unit Value Parameters Unit Value Gold Price US$/oz 1700 Gold Price US$/oz 1700 Exchange Rate USD/CAD 0.75 Exchange Rate USD/CAD 0.75 Mill Recovery

  15. Slide 15: Aureus East Exploration Approach = Success Story

    Aureus East Exploration Approach = Success Story ⮚ We identified strong growth opportunities at under explored project ⮚ Developed a plan to test our exploration concepts ⮚ Utilize existing u/g openings to get closer to the zones ⮚ Drill and channel sample ⮚ Operate a second rig from surface to expl

  16. Slide 16: Aureus East – continued opportunity

    Aureus East – continued opportunity  New resource reveals significant opportunity for growth  Top 250m has minimal drilling in limbs  Sample existing historical holes to the east  High grade zones to be expanded  Drill north and south limbs  Most of the trend has no drilling at depth  Follow

  17. Slide 17: Aureus West - Extensive Gold Mineralization

    Aureus West - Extensive Gold Mineralization ⮚ Grade shells demonstrate and extensive gold system ⮚ Strike length of 1,600m ⮚ Extending to over 500m depth ⮚ Over 100m wide, ⮚ Open in all directions, within a six- kilometre mineralized trend 17

  18. Slide 18: Aureus West: 4,600m Phase 1 Drilling Success

    Aureus West: 4,600m Phase 1 Drilling Success Open pit target with potential for significant resource expansion ⮚ Confirmed extensive, near surface mineralization over broad intervals, including the presence of high-grade veins ⮚ Confirmed the presence of previously unknown mineralization in sediment

  19. Slide 19: Forest Hill & Tangier – Future Sources of Value Creation

    Forest Hill & Tangier – Future Sources of Value Creation Forest Hill Tangier Resources ⮚ Excellent Exploration ⮚ An unloved, underexplored • FOREST HILL Potential with High Grade past producer Category Tonnage Grade Contained Au Resource ⮚ Proximity to Infrastructure Indicated 322,000 7.1 73,000 ⮚ C

  20. Slide 20: Upcoming Exploration Activities

    Upcoming Exploration Activities ⮚ Sample and assay nearly 11,000m of core that was left untouched by prior operators ⮚ Continue U/G channel sampling to improve understanding of near- infrastructure mineralization ⮚ “Modular” exploration program planned over 18 months (up to 270 holes) for infill and

  21. Slide 21: Commitment to ESG Best Practices

    Commitment to ESG Best Practices ⮚ Aurelius Minerals is committed to sustainable resource development by minimizing the impact of its activities on the environment and building positive legacies in its interactions with all stakeholders. We believe this approach is conducive and aligned with maximiz

  22. Slide 22: Equity Structure and Capitalization

    Equity Structure and Capitalization AURELIUS OWNERSHIP • CAPITALIZATION AND BALANCE SHEET (C$) Share Price $0.15 Friends and Family Basic Shares Outstanding 44.65M ~25% Options Outstanding 2.74M Other Warrants Outstanding 11.79M ~40% Fully Diluted 59.18M Basic Market Capitalization $7.5M *Working Ca

  23. Slide 23: Advancing Nova Scotia’s Emerging Gold District

    TSXV AUL OTCQB AURQF Advancing Nova Scotia’s Emerging Gold District Please contact: Mobile: +1 (416) 666-7025 Office: +1 (416) 304-9095 Mark NJ Ashcroft, P. Eng., [email protected] President and CEO www.aureliusminerals.com @MarkNJAshcroft @Aurelius_AUL_ca

  24. Slide 24: Appendix

    * a cae AURELIUS MINERALS Appendix

  25. Slide 25: Management with extensive industry experience

    Management with extensive industry experience Mark Ashcroft, P.Eng Jeremy K. Niemi, P.Geo Germaine Coombs, CPA, CMA President & Chief Executive Officer VP, Exploration Chief Financial Officer, VP, Finance • Mining Engineer with 30+ years of experience in the global • Geologist with 25+ years of prog

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