Nuvau Minerals Inc. · TSXV:NMC
Nuvau Minerals — Investor Presentation (January 2025)
29 slides from Nuvau Minerals's investor presentation, January 2025
Slide 1: Dawn of a New Era
Dawn of a New Era Matagami, Quebec TSXV : NMC www.nuvauminerals.com
Slide 2: Cautionary Statement
Cautionary Statement The information provided in this presentation (this "Presentation") is not an offer to sell any securities of Nuvau Minerals Inc. ("Nuvau"). This Presentation is for information purposes only. This Presentation is not, and under no circumstances is to be construed as, a public o
Slide 3: The Next Highly Coveted Critical Metals Story
The Next Highly Coveted Critical Metals Story World Class Asset Tier 1 Jurisdiction Exploration Upside • Past producing complex • Mining-friendly Quebec • Multiple existing targets • MRE - +0.29Blbs Cu, 0.78Blbs • Financial support from • Potential for multiple VMS Zn from Caber Complex Quebec funds
Slide 4: Vision and Growth Strategy
Vision and Growth Strategy To Re-Establish Matagami as a Major Critical Minerals Producer Exploration Production Realize growth and district scale Bring Matagami back into potential production • Increase resources to 20+ years • Leverage existing resources to provide 10+ yr LOM • Delineate identifie
Slide 5: Matagami – World Class Mining District
Matagami – World Class Mining District Dominant land position situated in the prolific Abitibi Greenstone Belt Wallbridge Fenelon Matagami • Located in Quebec, a Tier 1 mining-friendly Mining Camp jurisdiction Agnico Eagle Detour Gold BHP Selbaie • District scale potential – 1,300 km2 • One of Canad
Slide 6: District Scale
District Scale Operating History +85 km • ~ 60 yrs of operations • 12 base metal mines D-25 • ~ 60 Mt mined • Last operator – Glencore, REN NH closed June 2022 NO PD1 NOE R2 PER +30 km CBN CB LG ID ML OW BA OR BAS Manhattan, NY PD2a NH New Hosco BA Bell Allard NO Norita PD2b BRM PD2c PER Persévéranc
Slide 7: Existing Infrastructure
Existing Infrastructure Concentrator Site • Permitted 3,000 tpd mill with 2 float circuits • Very well maintained by Glencore (closed in June 2022) • Rail loading facility for concentrate • Administration building, core processing facility Tailing Storage Facility (TSF) • Alternative TSF locations h
Slide 8: Caber Mineral Resource Estimate – More to Come
Caber Mineral Resource Estimate – More to Come Current defined MRE is within the Caber Complex Deposit Tonnes Zn Cu Ag Au Zn Cu Ag Au Cu Eq. Cu Eq. Kt % % g/t g/t kt kt koz koz % Mlbs Caber Complex M&I 1,493 6.11% 1.15% 10.0 0.21 91.2 17.1 481 9.90 3.19% 105 Caber Inferred 109 4.96% 1.01% 8.1 0.19 5
Slide 9: Multiple Geophysics targets Identified – North Domain only!
Multiple Geophysics targets Identified – North Domain only! • Over 80 geophysical targets identified in the Northern Domain alone • Manual compilation and analysis from past geophysical surveys by Michal Allard • Only looking at base metal potential • Renaissance discovery was one of these targets •
Slide 10: Renaissance Zone – Nuvau Discovery
Renaissance Zone – Nuvau Discovery Exciting New Discovery • First VTEM anomaly drilled by Nuvau • Massive and semi-massive sulphides Renaissance • Early-stage target, open in all directions • VMS lens with high grade precious metals West Camp • Close proximity to the Caber Complex • Unique structura
Slide 11: Renaissance Zone – Continue exploration
Renaissance Zone – Continue exploration OPEN TSXV : NMC 11
Slide 12: PD1 East – Next target in the West Camp
PD1 East – Next target in the West Camp Renaissance • Geological map and map of the VTEM survey that led to the discovery of Renaissance PD1 • PD1-09-17 – Drilled in 2009 but did not intersect Renaissance mineralisation PD1-09-17 • PD1-23-01 – Drilled by Nuvau on VTEM 1 target, discovery made. • PD1
Slide 13: PD1 East – Next target in the West Camp
PD1 East – Next target in the West Camp Renaissance • Hydro Chemistry research project by CONSOREM • High Zn concentration in holes close to PD1 deposit PD1 • Renaissance – Hole PD1-09-17 drilled prior to 2023 discovery, anomalous Zn concentrations in the water • PD1 East – High concentration of Zn
Slide 14: Bracemac McLeod Mine
Bracemac McLeod Mine Bracemac McLeod Mine • Permitted mine • Developed mine infrastructure to 1,400m • Surface infrastructure remains in place • Glencore operated until June 2022 Upper McLeod Bracemac • McLeod Deep resource not depleted • Deposits are located just below surface, extending to over 1,
Slide 15: Bracemac McLeod Mine
Bracemac McLeod Mine Resources • Remaining resources in McLeod Deeps = 280,000 t at 4m thick (150m diameter) • Internal estimate of 0.9Mt at 6% Zn and 0.9% Cu 2.65m @ 4.47% Zn Exploration • McLeod Extension discovered in 2023 16.4m @ 14.22% Zn, 2.72% Cu • Adding High grade tonnage, close to the mine
Slide 16: Growth Strategy at a High-level
Growth Strategy at a High-level McLeod Mining Caber Complex Development Renaissance Extension (Bracemac McLeod) PEA (Caber) Exploration Discovery Bracemac McLeod Upper McLeod Deeps Open • Mine ready to restart with remaining • Defined Resource – 10.6 Mt, • New VMS discovery (Renaissance) resources 5
Slide 17: Caber Complex PEA – Summary
Caber Complex PEA – Summary • Undeveloped deposits, near-term production potential • Caber • Caber Nord PD1 Caber North • PD1 • Combined Mineral Resource Caber • M&I – 3.36 Mt, 5.18% Zn, 1.10% Cu, 14.30 g/t Ag, 0.16 g/t Au • Inf – 7.32 Mt, 2.43% Zn, 1.28% Cu, 11.50 g/t Ag, 0.09 g/t Au • Some Explora
Slide 18: Matagami Mining Camp Economics
Matagami Mining Camp Economics Caber Complex PEA Building a Compelling Highlights Growth Value Proposition • Clear path to production • Low CAPEX burden due to existing infrastructure ? • Major opportunity for optimisation exist After Tax PEA Consensus Spot Economics Base Case Pricing Price NPV 8% $
Slide 19: Canadian Development Project Comparison
Canadian Development Project Comparison(1) Matagami Mining Camp McIlvenna Bay Green Bay B26 Deposit Location Quebec, Canada Saskatchewan, Canada Newfoundland, Canada Quebec, Canada Restart (2026 FID) Greenfield Development Restart Greenfield Exploration Stage (PEA) (FS) (None) (None) Land Package 1,
Slide 20: Capital Structure
Capital Structure 51.1M Issued & Outstanding Top Shareholders 2.6M 23% Options 27% Europac Gold Fund Retail Ewan Downie 18.6M Institutional Warrants* Board & Management Michael Vitton CDPQ 72.4M 50% Beedie Capital Fully Diluted Shares Out Sprott Group of Companies Libra Advisors Canada Group Cash po
Slide 21: Management and Board of Directors
Management and Board of Directors Peter van Alphen President, CEO & Director Board of Directors Peter van Alphen has almost 30 years of experience in progressive leadership roles in various Christina McCarthy Ewan Downie sectors of mining industry. Most recently he was the COO of Premier Gold Mines,
Slide 22: Work Plan and Key Milestones
Work Plan and Key Milestones Exploration Program (current targets): - Renaissance - McLeod Extension - Untested VTEM targets In support of a Production decision : Preparation for the production restart : - Engineering and Metallurgical program to advance to FES - Power connected back to site - Backg
Slide 23: Set Up for Success & Highly De-risked
Set Up for Success & Highly De-risked Solid foundation to create value through continued de-risking and execution Tier 1 mining-friendly jurisdiction Prospective exploration targets on large land package Situated in the prolific Abitibi Greenstone Belt Existing site infrastructure Highly supportive
Slide 24: Contact
Contact Peter van Alphen President, CEO and Director [email protected] nuvauminerals.com
Slide 25: Status of Glencore Agreement
Status of Glencore Agreement • Exploration earn-in agreement - $30 million over 3 years • Year 1 & 2 - $18 M – Completed • Year 3 - $12 M – March 2025 • Final Payment – $10 M, Cash and/or equity (up to 9.9%) • Acquisition of the mill – $5 M Cash and/or equity (up to 9.9%) • Glencore to retain 2% NSR
Slide 26: Appendix – Upside Potential – Perseverance / Equinox Mine
Appendix – Upside Potential – Perseverance / Equinox Mine • Four deposits mined between 2008 - 2013 • 5.1 million tonnes at 15.8% Zn, 1.24% Cu, 29.4 g/t Ag, and 0.4 g/t Au was mined Perseverance West Perseverance • Equinox deposit was open at depth at the Main time of closure – last step-out hole in
Slide 27: Appendix – Orchan West Deposit
Appendix – Orchan West Deposit • Discovery located to the west of the Bell Allard Mine, proximal to existing infrastructure in the Main Camp • Potential to expand mineralization with additional drilling TSXV : NMC 27
Slide 28: A Proven Long-Life Mining Camp
A Proven Long-Life Mining Camp Matagami was operating for almost 60 years despite vast portion of the land package remains underexplored – only 4.6% has drilling below 200 m Total DDH Drilled m per cell Total Meatrage (>200m total length, cell =per 250m x 250m) 250m cell DDH with vertical depth < 20
Slide 29: Appendix – Caber Complex PEA – Economics Summary
Appendix – Caber Complex PEA – Economics Summary Long-Term Pricing Assumptions Engineering & Permitting Work Zinc US$/lb $1.30 • Streamlined permitting work – permitting baseline work has commenced Copper US$/lb $3.74 Gold US$/oz $1,650 • 2-3 years away from construction decision stage Silver US$/oz
Nuvau Minerals — Investor Presentation (January 2025) on 6ix