Laurion Mineral Exploration Inc. · TSXV:LME
Laurion Mineral Exploration — Investor Presentation (March 2020)
22 slides from Laurion Mineral Exploration's investor presentation, March 2020
Slide 1: Laurion Mineral Exploration Corporate Presentation March 2020
MAR2020 TSX.V: LME OTCPINK: LMEFF
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS Disclaimer Certain statements contained in this presentation may constitute forward-looking statements. These statements relate to future events or Laurion's future performance. All statements, other than statements of historical fact, may be forward-looking statements. Forward
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS ISHKODAY OFFERS SHORT-TERM TRANSFORMATIONAL OPPORTUNITIES WITH THE DEVELOPMENT OF REVENUE STREAMS, HOSTED WITHIN BULK GOLD AND GOLD/BASE METALS 2 PAST PRODUCING SHAFTS SURFACE STOCKPILE MUTLTIPLE PRECIOUS AND HIGH GRADE LODE GOLD 10,327OZ VALUED @ CDN$19.66M BASE METAL SYSTEMS
Slide 4: Corporate Summary
CORPORATE SUMMARY GEOGRAPHICAL DISTRIBUTION Ticker Symbol: TSXV: LME I OTC PINK: LMEFF CANADA USA FOREIGN Shares Outstanding: 179.4 million 96% Fully Diluted: 229.53 million 4% 52-Week High/Low: $0.22 - $0.070 0.5% Recent Price: $0.165 SHAREHOLDER DISTRIBUTION Stock Options: 6.479 million INSIDERS /
Slide 5: Strategy to Validate up to 10M oz on Ishkoday
STRATEGY TO VALIDATE UP TO 10M OZ ON ISHKODAY STRATEGIC PROGRAMS TO ACHIEVE Objective to work towards defining up to 10 million ounces of gold or gold equivalent ounces (GEOs) Over a 3-5 year exploration window, now in Year 3 of program MULTIPLE PAYABLE METALS Gold-silver and zinc-copper
Slide 6: Greenstone - An Emerging Gold-Rich and Base Metal Camp
GREENSTONE - AN EMERGING GOLD-RICH AND BASE METAL CAMP 47KM2 OF SIGNIFICANT UPSIDE POTENTIAL ONAMAN-TASHOTA AND BEARDMORE-GERALDTON GREENSTONE BELTS TSX.V: LME OTCPINK: LMEFF 6
Slide 7: Regional and Local Geology Map
REGIONAL AND LOCAL GEOLOGY MAP TSX.V: LME OTCPINK: LMEFF 7
Slide 8: Favorable Significance of Ishkoday Location
FAVORABLE SIGNIFICANCE OF ISHKODAY LOCATION REGIONAL MAGNETICS INTERPRETED - MAG TILT DERIVATIVE DEMONSTRATES THE STURGEON RIVER MINE LOCATED WITHIN STRUCTURALLY COMPLEX AND FOLDED SETTING Sturgeon River Mine Brenbar Mine CALDERA (Volcanic Feature) TSX.V: LME OTCPINK: LMEFF 8
Slide 9: Ishkoday - C$11 Million Spent to Date
ISHKODAY – C$11 MILLION SPENT TO DATE • Project-wide Database (46.7 km² of upside potential) • 300 DDH’s – 45,879 m • Ground/airborne geophysics (magnetics, EM and IP surveys) – 8 data sets • Regional and detailed prospecting, geological mapping • Outcrop stripping in 9 trenches of over 51,055m2 (20
Slide 10: Mineralized 5km Corridor Linked to Gold Polymetallic Veins
MINERALIZED 5KM CORRIDOR LINKED TO GOLD POLYMETALLIC VEINS HIGHLIGHTS HISTORIC STURGEON RIVER MINE 73KOZ (PAST PRODUCTION) CHLORITE-MAGNETITE SHEARS, BATHOLITH CONTACT (MAG HIGHS) FELSIC VOLCANICS/PLUTONS (MAG LOWS) SERIES OF NE-SW, E-W, NW-SE LINEARS NE-SW TRENDS AT ISHKODAY LINKED TO GOLD, POLYMET
Slide 11: Defining Strategies to Achieve Objectives
DEFINING STRATEGIES TO ACHIEVE OBJECTIVES EXPLORATION OBJECTIVE TO VALIDATE POTENTIAL OF UP TO 10MOZ OF GOLD EQUIVALENT OUNCES IN THE NEXT 18 MONTHS (3 KEY-STAGED PROGRAMS) STAGE 1 - 100% COMPLETED (2018) INITIAL FIELD VALIDATION EXPLORATION PROGRAM Compilation-synthesis work (2D) ascertaining
Slide 12: 5km x 500m Wide Mineralized Corridor
5KM X 500M WIDE MINERALIZED CORRIDOR SIGNIFICANT INDIVIDUAL QUARTZ VEIN PROSPECTIVITY Brenbar Mine OPEN 5km by 500m Wide Mineralized Corridor – Vertical Section (‘A-A’) – Looking West TSX.V: LME OTCPINK: LMEFF 12
Slide 13: Building on the Legacy of High-Grade Sturgeon River Mine
BUILDING ON THE LEGACY OF HIGH-GRADE STURGEON RIVER MINE Marge Area M24 Vein M25 Vein Sturgeon River Mine OPEN AT DEPTH Total production was 73,438 oz Au and 15,992 oz Ag at and average grade of 17g/t Au (1936-1942). Mined to 650m depth, intercepting 1, 2, M,10, 8/11,14 and Coniagas gold bearing qua
Slide 14: Building on Key High Grade Results
BUILDING ON KEY HIGH GRADE RESULTS NO. 3 QUARTZ VEIN GRADES UP TO 34 G/T GOLD OVER 2.13M SHAFT No. 3 Quartz Vein Historically mined to 650m depth at average of 17g/t gold No. 3 Quartz Vein encompassing 11 individual veins (Nos. 1, 2, M,10, 8/11,14 and Coniagas gold bearing quartz veins extending som
Slide 15: M24 Quartz Vein Grades up to 2.59 g/t Gold over 5.76m
M24 QUARTZ VEIN GRADES UP TO 2.59 G/T GOLD OVER 5.76M Composite Interval Results 5.49 g/t gold over 1.70m (Line 17) 6.20 g/t gold over 1.35m (Line 25) 2.59 g/t gold over 5.76m (Line 35P) 9.63 g/t gold over 0.59m (Line 2) 16.35 g/t gold over 0.55m (Line 17) 10.60 g/t gold over 0.62m (Line 22) 9.81 g/
Slide 16: M25 Vein Grading up to 58.10 g/t Gold
M25 VEIN GRADING UP TO 58.10 G/T GOLD AND 140 G/T SILVER SHAFT TSX.V: LME OTCPINK: LMEFF 16
Slide 17: Marge Vein Grading up to 71.10 g/t Gold and 15.60 g/t Silver
MARGE VEIN GRADING UP TO 71.10 G/T GOLD AND 15.60 G/T SILVER Marge/M25 Corridor Extends for 2km 314m grading 7.62 g/t gold over an average 36cm true width at the Marge Quartz Vein (Koskitalo, 1988) TSX.V: LME OTCPINK: LMEFF 17
Slide 18: CRK Zone 2km Long by 600m Wide Corridor
CRK ZONE 2KM LONG BY 600M WIDE CORRIDOR “… SIGNIFICANT INDIVIDUAL AND MULTIPLE QUARTZ VEIN PROSPECTIVITY …” 32 36 39 85-A2 -53m length over a 22.5cm width grading 14.71 g/t gold 85-A2B - 56m length over 13.8cm width grading 21.90 g/t gold 2.62m @ 0.84 g/t gold, 2.50 g/t silver, 5.23% zinc, containin
Slide 19: CRK Zone Azurite and A-Zone Gold and Sulphide Veins
CRK ZONE AZURITE AND A-ZONE GOLD AND SULPHIDE VEINS LBX14-019 2.27 g/t gold, 10.07 g/t silver, 0.09% copper, 2.08% zinc, over 10.22 m AZURITE ZONE A-ZONE 95 drill holes totalling 26,452 m TSX.V: LME OTCPINK: LMEFF 19
Slide 20: Gold and Polymetallic - Bulk Potential 5km x 500m
GOLD AND POLYMETALLIC – BULK POTENTIAL 5KM X 500M Bedrock Anomalies Contoured Over Airborne Compilation in the Target Area “VOLCANIC VENT” LITHOLOGIES Au Ag Cu anomalies proximal to interpreted volcanic vent lithologies Au within and adjacent to the Sturgeon River Diorite Ag-Zn more distal Cu Zn Sta
Slide 21: Contact
LAURION MINERAL EXPLORATION INC. “ CYNTHIA LE SUEUR - AQUIN PRESIDENT & CEO Email : [email protected] LAURION ~y TSX.V: LME OTCPINK: LMEFF
Slide 22: Board of Directors
BOARD OF DIRECTORS Cynthia Le Sueur-Aquin, President & CEO, Director 30+ years of mine management and international TECHNICAL ADVISORY MANAGEMENT BOARD experience in the precious metal mining industry with global exploration and production operations. Jean Lafleur – VP Exploration 40+ years of explo
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