Aurelius Minerals Inc. · OTC:AURQF
Aurelius Minerals — Investor Presentation (January 2023)
30 slides from Aurelius Minerals's investor presentation, January 2023
Slide 1: Growing Deposits in a Consolidating Gold District
TSXV AUL OTCQB AURQF @Aurelius_AUL_ca Growing Deposits in a Consolidating Gold District Corporate Presentation January 2023
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
Slide 3: Investment Highlights – a consolidation opportunity
Investment Highlights – a consolidation opportunity 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 ⮚ St Barbara Ltd., recent
Slide 4: 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
Slide 5: Aureus East Project: History
AUREUS EAST PROJECT: History Dufferin Resources Jemma Resources Gold Discovery 1868 and commenced drilling processed 31.7kt of tailings Resource Capital Gold District Development started in (660m/13 holes) and then for ~1,600oz conducted a PEA, 1880s. Produced ~35-42koz underground development devel
Slide 6: 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 Surface maintenance workshop Flotation circuit Ball Mill Gravity table U/G Ramp portal
Slide 7: Aureus East Exploration Approach = Success Story
Aureus East Exploration Approach = Success Story ⮚ We identified strong growth opportunities at underexplored project ⮚ Developed a plan to test our exploration concepts ⮚ Utilized existing u/g openings to get closer to the zones ⮚ Drilled and channel sampled ⮚ Operated a second rig from surface to
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
Slide 9: Example of Mineralized Zones
Example of Mineralized Zones Mineralization occurs in broad zones VG Photo 1 5.3g/t over 14.3m High grade gold assays within quartz veins with homogenously distributed coarse gold in certain distinct horizons Disseminated gold in sediments, surrounding quartz veins Deposit remains open along strike,
Slide 10: Aureus East – Exploration Indicates Significant Upside
Aureus East – Exploration Indicates Significant Upside ⮚ Successful exploration results: ⮚ 100% hit rate in 49+ holes ⮚ Nearly 21,000m in drilling ⮚ Rigorous sampling found gold which was left in core boxes and in mine workings ⮚ Gold found within 0.5m of existing U/G infrastructure ⮚ Channel sampli
Slide 11: Channel Sampling – Identified continuous high grade gold
Channel Sampling – Identified continuous high grade gold not encountered by historical drilling & left behind during Bulk Sample 944L Channels: • 042, grading 365.0 g/t Au over 2.0m, • Including 1,425 g/t Au over 0.5m • 023, grading 168.0 g/t Au over 1.5m, • Including 501.0 g/t Au over 0.5m; • 002,
Slide 12: Aureus East High Grade Maiden Mineral Resource Estimate
Aurelius East High Grade 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
Slide 13: 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
Slide 14: Aureus East Plan View 2022 MRE Pit Shell – opportunities to expand
Aureus East Plan View 2022 MRE Pit Shell – opportunities to expand N 14
Slide 15: 2022 MRE Pit Shell Long Section – deposit open to the East
2022 MRE Pit Shell - long section – deposit open to the East & infilling opportunities West East 1,300m strike length Lack of historical drilling data/assays Lack of historical Lack of historical drilling data/assays drilling data/assays Aurelius Phase 1 & 2 Drilling Focus 15
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
Slide 17: 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
Slide 18: Equity Structure and Capitalization
Equity Structure and Capitalization AURELIUS OWNERSHIP • CAPITALIZATION AND BALANCE SHEET (C$) Share Price $0.07 Friends and Family Basic Shares Outstanding 51.27M ~25% Options Outstanding 2.31M Other Warrants Outstanding 2.95M ~40% Fully Diluted 56.53M Basic Market Capitalization $4.0M *Working Cap
Slide 19: Growing Deposits in a consolidating Gold District
TSXV AUL OTCQB AURQF Growing Deposits in a consolidating 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
Slide 20: Appendix
* a cae AURELIUS MINERALS Appendix
Slide 21: Summary of Outstanding Securities
SUMMARY OF OUTSTANDING SECURITIES Expiry Date Exercise Price per Share Total No. of Shares Common Shares 52,273,053 Common Share Purchase Options March 5, 2023 $ 0.80 71,520 Common Share Purchase Options January 23, 2024 $ 0.60 320,000 Common Share Purchase Options May 8, 2025 $ 0.60 479,040 Common
Slide 22: 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
Slide 23: Acquisition of Aureus Gold
Acquisition of Aureus Gold Terms of transaction Aurelius acquired the Aureus Gold Properties in consideration for the Deferred Payments, payable as follows: a) US$2,500,000 within 90 days of filing a National Instrument 43-101 technical report in respect of all or part of the Aureus Gold Properties
Slide 24: Key 2021 Exploration Results – Grasping Real Potential
Key 2021 Exploration Results – Grasping Real Potential ⮚ Zone 9 & 10 discovered and expanded ; Structural geometry clearer; 30 New Au Zones intersected ⮚ AE-20-004: ⮚ 1.6m @ 109.5gpt Au from 63m depth; ⮚ 16.5m @ 8.1gpt Au from 181.3m depth ⮚ AE-20-005: ⮚ 9.6m @ 14gpt Au from 67.9m depth, Incl. 2.1m
Slide 25: 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 25
Slide 26: 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
Slide 27: Forest Hill & Tangier – Future Sources of Value Creation
Forest Hill & Tangier – Future Sources of Value Creation Forest Hill Resources ⮚ Excellent Exploration Potential with High Grade Resource • FOREST HILL ⮚ Clusters of historical assay information discovered to the Category Tonnage Grade Contained Au north-east of the main trend Indicated 322,000 7.1
Slide 28: Mikwam
MIKWAM MIKWAM 3D MINERALIZATION Strategically located along the structural trend that cuts through Hecla’s Casa Berardi mine (3.75Moz Reserves and Resources), towards Osisko Mining’s Windfall Lake (5.1Moz indicated and Inferred) Recent drill program intersected highest grade broad intercept of gold
Slide 29: Mikwam Geology
MIKWAM GEOLOGY MIKWAM EXPLORATION CROSS SECTION 2305E (Thickness: 40m) The Mikwam Property lies in the Harricana-Turgeon belt within the northern portion of the Abitibi greenstone belt, this belt hosts polymetallic deposits and multimillion-ounce gold deposits such as the Eagle mine, the Casa-Berard
Slide 30: Mikwam – The Cumulative Image
Mikwam – The Cumulative Image 30
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