Satori Resources — Investor Presentation (May 2022)
18 slides from Satori Resources's investor presentation, May 2022
Slide 1: Tartan Lake Gold Mine
TARTAN LAKE GOLD MINE Low Risk - Excellent Discovery Potential Rapid Development Opportunity Flin Flon, Manitoba WWW.SATORIRESOURCES.CA
Slide 2: Disclaimer
DISCLAIMER Forward-Looking Information: Certain statements in this presentation may constitute forward-looking information or forward-looking statements (collectively referred to as “forward-looking information”) which involves known and unknown risks, uncertainties and other factors which may cause
Slide 3: Tartan Lake Gold Mine
TARTAN LAKE GOLD MINE 2,670 hectares in the Flin Flon- Snow Lake Greenstone Belt One of the largest most Home of 30 base metals prolific greenstone belts in the world and 8 gold mines Significant underground Historic Resource developed mining (200,000 ozs @ 7.0 g/t Au) galleries 2021 drilling expand
Slide 4: Tartan Lake Gold Mine
TARTAN LAKE GOLD MINE 2,670 hectares in the Flin Flon- Snow Lake Greenstone Belt T S X - V: B U D | OTCQB: S T R R F | www.SATORIRESOURCES.CA 4
Slide 5: Capital Structure and Board & Management
CAPITAL STRUCTURE - BUD.V Shares Outstanding 99.3 M Warrants Cash May 2022 Nil $2M BOARD & MANAGEMENT Jennifer Boyle, BA, LLB CEO, Director Pete Shippen, CFA Executive Chairman Wes Hanson, P.Geo Director, Technical Cttee Doug Flegg, CFA, B.Sc. Geo Director Jeff Kilborn, H.BA. Director Jeff Ackert B.
Slide 6: A Focus on the Project and Modern Exploration Create a Great Opportunity at Tartan Lake
A FOCUS ON THE PROJECT AND MODERN EXPLORATION CREATE A GREAT OPPORTUNITY AT TARTAN LAKE The mine was put into production quickly after the discovery of high-grade ore. Little exploration outside of the main deposit. Production was the primary focus. The mine shut-down when the price of gold fell bel
Slide 7: Dual Track Strategy to Advance Tartan
DUAL TRACK STRATEGY TO ADVANCE TARTAN Expanding existing resource, and Evaluating permitting drill testing targets outside of requirements and site- mine site area underground infrastructure T S X - V: B U D | OTCQB: S T R R F | www.SATORIRESOURCES.CA 7
Slide 8: Existing Infrastructure
EXISTING INFRASTRUCTURE Mine and Mill N Access road Tailings Pipeline Tailings Pond 250m • 500 tpd mill complex (requires refurbishment) • Developed stoping areas • 2,100 metre ramp (developed six Levels of • Hydro power intact and operational decline to 310 meters) • Road access • Vent raise from s
Slide 9: Mineral Resource (Feb 2017)
MINERAL RESOURCE (FEB 2017) 2.0 g/ t Cut off 3.0 g/ t C ut - off* 4.0 g/t C ut - off 5.0 g/t C ut - off 5.0 (indicated) 6.3 (indicated) 7.6 (indicated) 8.7 (indicated) Grade ( g / t Au) 3.7 (inferred) 4.9 (inferred) 5.9 (inferred) 6.9 (inferred) 291,000 (indicated) 240,000 (indicated) 201,000 (indic
Slide 10: Existing Infrastructure
EXISTING INFRASTRUCTURE Potential to reduce dilution and access resource T S X - V: B U D | OTCQB: S T R R F | www.SATORIRESOURCES.CA 10
Slide 11: Exploration: Where We Are Going
EXPLORATION: WHERE WE ARE GOING Expand existing Main and South Zone resources • Main Zone remains open down plunge South Zone Main Zone • South Zone remains open and is structurally similar to Wireframe Wireframe Main Zone Interpreted New Hanging Wall Zone (in Main Zone) • Second highest grade inter
Slide 12: Tartan Lake All Time Highest Value Intercepts
TARTAN LAKE ALL TIME HIGHEST VALUE INTERCEPTS Rank Hole ID From ( m ) To ( m ) Interval (1) Grade (Au g/t) Grade x Interval Main 1 NUG324 (3) 43.69 46.37 2.68 151.16 405.11 2 TLMZ21-12 770.90 776.70 5.80 47.56 275.85 3 NUG222 (3) 41.84 45.00 3.16 83.34 263.35 4 NAP43 (3) 64.00 67.20 3.20 78.54 251.3
Slide 13: Summary of Phase One 2021 Drill Results
SUMMARY OF PHASE ONE 2021 DRILL RESULTS Target Hole ID From ( m ) To ( m ) Interval ( m ) Grade (Au g/t) Zone Main Zone TLMZ21-01 807.00 820.00 13.00 3.58 Main including 814.85 819.00 4.15 9.73 TLMZ21-W1 752.00 754.00 2.00 3.26 Main TLMZ21-02 630.90 652.90 22.00 1.98 Main including 632.80 636.20 3.4
Slide 14: Resource Expansion Potential – Main Zone
RESOURCE EXPANSION POTENTIAL – MAIN ZONE ~ 200 m Extension The Main Zone is a high-grade plunging ore-shoot that remains open at depth. Satori’s 2021 drill results extended the 200m extension MZ down plunge by 200+ metres. A potential new hanging wall zone was discovered. The historical database at
Slide 15: Potential New Discovery
POTENTIAL NEW DISCOVERY Found in the Hanging Wall of the Main Zone Typical Main Zone with large quartz-carbonate- tourmaline+-fuchsite veining typically with 1- 3% pyrite (upper photo) Interpreted new Hanging Wall mineralization with much smaller wispy, folded and “torn up” quartz veins and higher s
Slide 16: Resource Expansion Potential – South Zone
RESOURCE EXPANSION POTENTIAL – SOUTH ZONE South Zone remains open at depth 2021 defined a new potential high grade shoot 2022 drilling to test down plunge potential of the high grade shoot OPEN (assays pending) T S X - V: B U D | OTCQB: S T R R F | www.SATORIRESOURCES.CA 16
Slide 17: Blue Sky Targets Across Property
BLUE SKY TARGETS ACROSS PROPERTY Axial plane of regional Embury Lake Fold crosses property Regional NW - SE striking shear structures that trace into the mine sequence Follow up new 2022 IP Survey targets including large chargeability anomaly in NE having VMS potential NW-SE trending shear zone cros
Slide 18: Contact Information Satori Resources Inc.
CONTACT INFORMATION SATORI RESOURCES INC. TSX-V: BUD | OTCQB: STRRF 401 Bay Street, Suite 2702 Toronto, Ontario, Canada M5H 2Y4 Email: [email protected] Overlooked Since 1989 | Minimal Expenditures to Date | Road Accessible | High Grade Gold Mining Jurisdiction 18