Nuvau Minerals Inc. · TSXV:NMC
Nuvau Minerals — Investor Presentation (March 2025)
30 slides from Nuvau Minerals's investor presentation, March 2025
Slide 1: A New Chapter for a Historic Mining Camp
A New Chapter for a Historic Mining Camp 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: Multiple Geophysics Targets Identified
Multiple Geophysics Targets Identified • 3 Geophysical surveys in North Domain only • Heli Falcontm (HAGG) 2020 • HTEM Saint Helene 2018 • Vtem 2016 2020 HeliFALCONTM (HAGG) . 2018 HTEM Saint Helene 2016 VTEM TSXV : NMC 7
Slide 8: 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 Michel Allard • Only looking at base metal potential • Renaissance discovery was one of these targets •
Slide 9: Current targets in the West Camp
Current targets 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 East –
Slide 10: Current targets in the West Camp
Current targets 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 in hole
Slide 11: 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 12: Bracemac McLeod Mine
Bracemac McLeod Mine Resources • Remaining resources in McLeod Deeps = 280,000 t at 4m thick • Internal estimate of 0.9Mt at 6% Zn and 0.9% Cu (150m diameter) 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 13: Gold Exploration
Gold Exploration Wallbridge Fenelon Matagami Mining Camp Agnico Eagle Detour Gold BHP Selbaie Abitibi B26 ONTARIO QUÉBEC Hecla Casa Berardi Maple Gold Douay Galway Estrades Maple Gold Joutel TSXV : NMC 15
Slide 14: Discovery of Gold Till Anomaly
Discovery of Gold Till Anomaly Gold Grain count – Hole PD 23-30s Sample 155320186 - 29.26m to 29.87m Sample 155320186 - 31.12 to 32.00m > 2,000 gold grains per 10 kg of material 295 gold grains per 10 kg of material TSXV : NMC Potentially highest ever in the Abitibi – Of Regional Significance 16
Slide 15: Discovery of Gold Till Anomaly
Discovery of Gold Till Anomaly Regionally significant discovery • Over 2,000 gold grains per 10kg sample • Believed to be the highest gold grain count ever found in the Abitibi • Anomaly close to sources Ojibway clay • Gold grains are pristine belt • Found close to bedrock • Significant proportion o
Slide 16: Why sonic drilling?
Why sonic drilling? • Glacier eroded bed rock, carried material to the south. • No rock outcrops, Thick overburden • Objective to evaluate the potential dispersion of gold Matagami Location and base metal minerals in glacial sediments buried underneath the Ojibway clay belt 2012 program 2023-24 prog
Slide 17: Discovery of Gold Till Anomaly - Next Steps
Discovery of Gold Till Anomaly - Next Steps • Drone MAG survey underway • Evaluation of local geology • Design a drill program to test the Area of Interest up-ice area. 2012 program 2023-24 program TSXV : NMC 19
Slide 18: 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 19: Mineral Resource Estimate
Mineral Resource Estimate 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 5.4 1.1 28 0.67 2.67%
Slide 20: 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 21: 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 22: 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 23: 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 24: Capital Structure
Capital Structure 51.1M Issued & Outstanding Top Shareholders 23% 27% Europac Gold Fund 2.6M CDPQ Options Sprott Group of Companies 18.6M Libra Advisors Canada Group Warrants* Retail 50% Board & Management (23%) Institutional 72.4M Board & Management Fully Diluted Shares Out Cash position - $10.0M**
Slide 25: Future Catalysts – Continuing to add value
Future Catalysts – Continuing to add value Glencore Agreement concluding Exploration • Close the Earn-in with Glencore – 3 year earn- • Continued exploration of existing targets in period completed! • Gold target to be advanced • Working through final steps to closing on transfer of property – Q3 20
Slide 26: 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 27: Contact
Contact Peter van Alphen President, CEO and Director [email protected] nuvauminerals.com
Slide 28: Status of Glencore Agreement
Status of Glencore Agreement • Exploration earn-in agreement - $30 million over 3 years • Completed – March 24th 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 and offtake • Nuvau will own 100
Slide 29: Management Team
Management Team Peter van Alphen Steve Filipovic Gilles Roy President, CEO & Director CFO Director of Exploration Bastien Fresia Philippe Rio Roberge Director of Technical Director of Project Services Development Technical Team TSXV : NMC 31
Slide 30: Board of Directors
Board of Directors Christina McCarthy Ewan Downie Michael Vitton Chair of the Board Director Director Steven Bowles Fariah Mir Peter van Alphen Director Director President, CEO & Director TSXV : NMC 32