Tertiary Minerals Plc · LSE:TYM
Tertiary Minerals — Investor Presentation (September 2021)
28 slides from Tertiary Minerals's investor presentation, September 2021
Slide 1: Company Presentation September 2021
—=F" TERTIARY Company Presentation mM MINERALSnpic September 2021 Building, exploring and developing a multi-commodity project portfolio in Nevada (USA), Zambia & Europe.
Slide 2: Disclaimer
. . a Disclaimer hd The content of information contained in these slides and the accompanying verbal presentation (together, the “Presentation”) has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (“FSMA"). Reliance upon this Presentation f
Slide 3: Board of Directors
Board of Directors vy Patrick Cheetham, Group Chairman & Chairman of the Nomination Committee e Geologist and founder of the Company e 39 years’ experience in mineral exploration. e 34 years’ experience in public company management. e Founder of the Company, Dragon Mining Ltd, Archaean Gold NL and S
Slide 4: Project Portfolio
Project Portfolio Mw Pyramid Project Nevada, USA Gold-Silver Pes | — Brunton Pass | _ g Nevada Copper | Mt Tobin Prospect | Silver re Paymaster Project ee \ Zinc-Copper-Lead-Silver- las Cobalt = rt Lucky Prospect one —_ Copper = ot Zambia New Projects being vmne| acquired under Option Kieker6maa & K
Slide 5: Pyramid Gold-Silver Project - Nevada, USA
Pyramid Gold-Silver Project - Nevada, USA ms od Comstock 8.3 Moz/Au _ 192Moz Ag _ Bodie 4 ?3 27, Pas 4 ‘ os ets Pyramid » , oe Sf Walker Lane Belt 1:5 Moz Au — 4 Cu Idaho Nevada yen California euozuy eat : =a Pyramid Project Rawhide 1.3 Moz Au a 13 Moz Ag we ez Paradise Peak > 1.4 Moz Au ie 74 22 Mo
Slide 6: Pyramid Project - Licence Holdings
Pyramid Project - Licence Holdings 9 Patented Claims held under 20 year lease/purchase ontion (patented claims have private land status) 25 unpatented claims staked by Tertiary PatentlFxtent: eigiaygu patented Ghim Sat [J Fertiary Controtied Patent Extent (Tertiary Unpatented Claim Extent Township 2
Slide 7: Phase 1 Soil Sampling & Follow Up Trenching
Phase 1 Soil Sampling & Follow Up Trenching: Several gold and silver soil anomalies identified with potential ore grades: Wide intervals of surface silver mineralisation intersected in follow up trenching at North Ruth Anomaly . Pyramid Project - Phase 1 North Ruth Anomaly - 800m length (soil values
Slide 8: Pyramid Project - Phase 1 Trenching results
Pyramid Project - Phase 1 Trenching results td T T 273750 274500 North.Ruth VA Anomaly. 9" Trench 1: Finished in mineralisation + 45.7m grading 61g/t silver : inc. | ° 9.1m grading 146g/t silver 4415500 3.05m grading 260g/t silver and *| 3.05m grading 49q/t silver aoa D| 9.14m- 11 gt Ag & 0.54 git A
Slide 9: Pyramid Project - Phase 2
Company Presentation September 2021 Pyramid Project - Phase 2 Additional trenches excavated at North Ruth Anomaly to extend Trench 1 and 80m either side of Trench 1. 7 Infill soil sampling extended Western Splay Anomaly and resolved a number of anomalies in southern area of the property. Additional
Slide 10: Pyramid Project - North Ruth Target
Pyramid Project - North Ruth Target XS cover Phase 1 Trench 1: Finished in mineralisation | + 45.7m grading 61g/t silver inc. * 9.1m grading 146g/t silver Phase Trench 2: 3.05m grading 260g/t silver | and rat ~ NR Teach hl Sai Be |
Slide 11: Mining claims staked with copper mineralisation
> 24 mining claims staked with copper mineralisation spread over a 1km x 0.6km target area. > Samples collected by United States Bureau of Mines (USBM) contain up to 6.91% copper including a chip sample grading 1.36% copper over 3.66m (12ft). > Company’s follow up samples confirm widespread copper m
Slide 12: Brunton Pass, Nevada
Brunton Pass Seppe oe Nevada, aaa
Slide 13: Brunton Pass Copper Project - Nevada, USA
Brunton Pass Copper Project - Nevada, USA Copper soil anomalies defined by sampling at 100 x 50m spacing 4 &
Slide 14: Brunton Pass Copper Project - Nevada, USA
Brunton Pass Copper Project - Nevada, USA Area of historic small scale prospector workings (for mercury) Strong mercury soil anomalies also defined partly coincident with copper anomalies
Slide 15: Brunton Pass Copper Project - Copper (-Gold) Targets
Brunton Pass Copper Project - Nevad Copper (-Gold) Targets *« Magnetic interpretation suggests fault bounded block of carbonate rocks in contact with younger ___ Tertiary volcanics. * Widespread copper bearing skarn alteration with associated quartz veining. * Overprint of epithermal mercury mineral
Slide 16: Brunton Pass Copper Project - Nevada, USA
Brunton Pass Copper Project - Nevada, USA ] a2 ; P = A, o = oe Quartz Veining 6vi tion sk eve *
Slide 17: Paymaster Polymetallic Project - Nevada, USA
Paymaster Polymetallic Project - Nevada, USA | 19 claims staked * Mineralisation intermittently exposed and sampled over 1.7km strike length * Grab samples assay up to 21% Zn, 6.5% Pb, 3.3% Cu, 253g/t Ag and 0.11% Co * 165 soil samples taken in March 2019 — te, . “a significant elevated 100.280 pom
Slide 18: Paymaster Project - East Slope Prospect
Paymaster Project - East Slope Prospect tf East Slope Prospect: ets : 15.6% Zinger Silver * Chip sample c. 2m @ 15.8% zinc & 95g/t silver. * Associated zinc soil anomaly - 600m long. * Infill soil sampling results confirm anomaly. Drone magnetic survey completed.
Slide 19: Paymaster Project - Valley Prospect
Paymaster —— Valley Prospect _ | Mir Mine shaft on skarn Drone magnetic survey defined a bullseye anomaly associated with skarn outcrops
Slide 20: Mt Tobin Silver Prospect - Nevada, USA
— Mt Tobin Silver Prospect - Nevada, USA wf Background: 157800 sir 458000 ; ; carer it 4 claims staked, 73km south of Winnemucca in north-central Nevada + Covers large area of hydrothermal alteration 60m wide x 1,200m long. * Preliminary sampling from prospectors’ pits returned values of up to 101 g
Slide 21: Lucky Copper Prospect - Nevada, USA
Lucky Copper Prospect - Nevada, USA | - I Oregon Idaho Lucky Project 2 Project Location * 13 claims, 96km northeast of the major porphyry copper mining town of Ely, north- east Nevada. * Gossan exposed in old workings. * 1951 drill hole ended in mineralisation, intersected 20.4m at 0.65% copper to b
Slide 22: Lucky Copper Prospect - Drone Magnetic Survey
Lucky Copper Prospect - Drone Magnetic Survey i Drone magnetic survey completed to explore for larger zones of magnetic a 2021Drill Hole skarn mineralisation. é 4 (5 21TLRC001 * Small intense anomaly immediately south of 2021 drill hole - low priority target for follow up. * Additional targets under
Slide 23: Zambia - Luangwa Minerals Ltd
Zambia - Luangwa Minerals Ltd vi) Sentinel mineyZambia « New Zambian subsidiary formed in 2021 — Luangwa Minerals Ltd. « Targeting the Central African Copperbelt (CAB) - the world’s largest sediment-hosted stratiform copper province. * CAB includes at least 14 giant deposits within a 400-km arcuate
Slide 24: Zambia - Mwashia Option licences
Zambia - Mwashia Option licences In red’= Qutcrops of Lower Roan | p favourable host rocks ee A ‘ s 27065-HQ-LEL ‘ 27068-HQ-LEL Ji aks Copper Project ir hingots> .¥.. I. 25:00E \ angore 27°00°E 28°00°E we [-12°00"s 27066-HQ-LEL Katsanshi x) Se x. 12°00°S4 _ ~ Sentinel Lumwana ? 2 ~~ rs <,.}, ~Copper
Slide 25: Zambia - Jacks Project (Mwashia Option)
Zambia - Jacks Project (Mwashia Option) + Jack’s Licence is underlain by Lower Roan Group stratigraphy, the major copper mine host rocks in the CAB. * Copper mineralisation reported in historical drill testing of an 18km long open-ended soil geochemical anomaly. Reported drill hole intersections inc
Slide 26: Fluorspar - A Strategic Mineral
Fluorspar - A Strategic Mineral te Company holds the Storuman Fluorspar Deposit in Sweden with defined Mineral Resources * Fluorspar is the commercial name for the mineral fluorite, composed of calcium and fluorine (CaF). * Fluorspar is the predominant commercial source for the chemical element fluo
Slide 27: Storuman Fluorspar Project - Sweden
Storuman Fluorspar Project - Sweden ] Positive Scoping Study — Scott Wilson + Low Capex: US$ 46 million * Average annual T/O: >US$ 34 million + Pre-Tax NPV (8% coc): US$ 33 million + — IRR (100% Equity): 24% + Payback: <3 years Post Scoping Study — Key Developments + 46 diamond core drill holes resu
Slide 28: Royalty Interests
—— Royalty Interests re mm. Kaaresselka & Kieker6émaa - Gold, Finland Aurton * Two legacy gold assets in Finland sold to TSX-V listed Aurion Resources Ltd. * Aurion is a Canadian listed (TSX-V: AU) exploration company part-owned by Kinross Gold Corporation and primarily focusing on the development o
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