Minnova Corp. · TSXV:MCI
Minnova — Investor Presentation (June 2017)
25 slides from Minnova's investor presentation, June 2017
Slide 1: June 2017 Presentation
June 2017 Presentation TSXV: MCI | AGRDF: OTC Pink
Slide 2: Cautionary Notes
TSXV: MCI | AGRDF: OTC Pink Cautionary Notes Cautionary Note Regarding Forward-looking Information This presentation contains certain information that may constitute forward-looking information under applicable Canadian and U.S. securities legislation, including but not limited to information about
Slide 3: Minnova Corp. - Two Value Propositions
TSXV: MCI | AGRDF: OTC Pink Minnova Corp. - Two Value Propositions EXPLORATION MINE RE-START 22km unexplored + Near term Gold Production ~45k opy production Gold Bars produced in 1988/89 containing 513 oz and 532 oz Au, respectively 3
Slide 4: Cases for Gold and Manitoba
TSXV: MCI | AGRDF: OTC Pink Cases for Gold and Manitoba GOLD MANITOBA FUNDAMENTALS FUNDAMENTALS • Low to negative correlation with other • World Class Mining Jurisdiction asset classes, making it an effective • Most Prolific Greenstone Belt in Canada portfolio diversifier • Excellent Infrastructure
Slide 5: Exceptional Value Proposition
TSXV: MCI | AGRDF: OTC Pink Exceptional Value Proposition Feasibility Study Underway - Producion CANADIAN GOLD • 100% owned past producing , permitted PL Gold Mine PROJECTS • 100% owned satellite Nokomis gold deposit • Feasibility Study Underway - Targeting mid-2018 Au Production • Forecast producti
Slide 6: Management and Directors
TSXV: MCI | AGRDF: OTC Pink Management and Directors Aligned and Focused on Shareholder Returns MANAGEMENT AND BOARD DEVELOPMENT (OWNERS) TEAM Gorden Glenn - Chairman, President & CEO GEOLOGY - Chris Burchanan, MSc., P. Geo Over 25 years industry experience in finance Senior structural geologist wit
Slide 7: Capital Structure
TSXV: MCI | AGRDF: OTC Pink Capital Structure (Share data and cash position as of March 31, 2017) MCI:TSXV Symbol TSXV: MCI | AGRDF: OTC Pink Shares Outstanding 28,347,192 Warrants & Options 6,364,409 Options average price 2,805,000 $0.64 Warrants average price 3,559,409 $0.81 DSU/RSU average price
Slide 8: PL Mine Located in Flin Flon – Snow Lake Gold and Base Metal District
TSXV: MCI | AGRDF: OTC Pink PL Mine Located in Flin Flon – Snow Lake Gold and Base Metal District PL Mine www.minnovacorp.ca 8
Slide 9: PL Deposit Mine Plan
TSXV: MCI | AGRDF: OTC Pink PL Deposit Mine Plan 2m minimum mining width, 4g/t cut-off = 460,000 oz Au • 7000 m of existing underground development • In-fill drilling programs in support of new reserve and resource estimates • Update mine plan focused on minimizing dilution (from 2m minimum mining w
Slide 10: PL and Nokomis Gold Deposits
TSXV: MCI | AGRDF: OTC Pink PL and Nokomis Gold Deposits Demonstrated Expansion Potential PL and Nokomis Deposits: Independent* NI 43-101 Mineral Resource Estimates • Measured & Indicated Resource of 327,900 oz Au • Inferred Resource of 438,600 oz Au Deposit Cut-off Grade (Au g/t) Resource Category
Slide 11: PL Gold Deposit Positive Drill Results
TSXV: MCI | AGRDF: OTC Pink PL Gold Deposit Positive Drill Results Resource Expansion and Upgrade 10,000 meter drill program was initiated in January 2017 • 50 diamond drill holes • Positive results with multiple high grade gold intercepts over mineable widths Hole Location Azimuth From (m) To (m) L
Slide 12: Steady Resource Expansion
TSXV: MCI | AGRDF: OTC Pink Steady Resource Expansion 8 Positive Resource Calculations over 30+ years MCI:TSXV 800,000 10.0 PL Deposit Global Resource 9.0 700,000 8.0 600,000 7.0 500,000 6.0 Measured Ounces Resource Ounces 400,000 Indicated Ounces 5.0 Grade g/t M+I Ounces Inferred Ounces 4.0 300,000
Slide 13: PL Mine Infrastructure In Place
TSXV: MCI | AGRDF: OTC Pink PL Mine Infrastructure In Place MCI:TSXV Regional Infrastructure 1000 tpd mill • All weather access • Crusher • Railroad • Fine Ore bin • Regional airport (3 Compartment) • Grid electricity • Ball Mill • Water • Rod Mill • All mining and • Floatation tanks processing supp
Slide 14: Significant Property Wide and Regional Exploration Potential
TSXV: MCI | AGRDF: OTC Pink Significant Property Wide and Regional Exploration Potential The Right Geology, Structure and Geophysics Airborne VTEM • Numerous untested, airborne VTEM anomalies on property and regionally • New interpretation of the Puffy fold has fold strike potential of over 3 km • H
Slide 15: Creating a Modern Mine with Proven, Narrow-Vein, Mining Equipment
TSXV: MCI | AGRDF: OTC Pink Creating a Modern Mine with Proven, Narrow-Vein, Mining Equipment Commercial Equipment Selection Criteria Proven mechanized mining • Alimak stope development Small size (Alimak, ULP/XLP) equipment to achieve: • minimal mine openings • targeted narrow stope heights • safel
Slide 16: Future Exploration and Development Plans
TSXV: MCI | AGRDF: OTC Pink Future Exploration and Development Plans Exploration and Infill Drilling Program Resource Conversion and Expansion • PL and Nokomis deposits still open down dip/on strike Test Regional Exploration Potential • Initially target mine area exploration targets • Numerous struc
Slide 17: Value Proposition
Value Proposition • Increasing Gold Resource Size and Production Profile leads to High Market Valuation 300 250 2016 Aueq Production (000’s) Teranga Gold 200 Metals X Primero Mining 150 Silver Lake Klondex Mines Resources Argonaut Gold Alacer Gold Ramelius Resources Premier Gold 100 JaguarGold Timmi
Slide 18: Investment Highlights
TSXV: MCI | AGRDF: OTC Pink Investment Highlights • Permitted to re-start underground mining operations • Ragged TMF to be listed on Schedule 2 of MMER • Near-term gold production, with excellent exploration upside • Major infrastructure already in place • 1,000 tpd mill, ancillary facilities, Acces
Slide 19: Contact Us
TSXV: MCI | AGRDF: OTC Pink Contact Us Gorden Glenn, Chairman, President & CEO Tel: +1 647 985 2785 [email protected] 365 Bay Street, Suite 400, Toronto, Ontario M5H 2V1 www.minnovacorp.ca 19
Slide 20: Appendix
TSXV: MCI | AGRDF: OTC Pink Appendix www.minnovacorp.ca 20
Slide 21: Optimization with Proven and Commercial Equipment
TSXV: MCI | AGRDF: OTC Pink Optimization with Proven and Commercial Equipment Check out the following links to see how proven mechanized equipment paired with innovation will change the way we can mine narrow vein deposits safely and efficiently Alimak/Raise Climber Stope Development https://www.you
Slide 22: Mining Method (Conventional)
TSXV: MCI | AGRDF: OTC Pink Mining Method (Conventional) • Alimak Stope Development combined with proven Jackleg drill and Slusher/Scaper • Targeting narrow vein mining - Focus on GRADE over TONNES www.minnovacorp.ca 22
Slide 23: Mining Equipment Fleet Selection
TSXV: MCI | AGRDF: OTC Pink Mining Equipment Fleet Selection ULP Ore Mucking and Handling • Ultra and Extra-Low Profile (ULP/XLP) mining equipment to achieve minimal mine development and targeted narrow stope heights Remote and Autonomous controls www.minnovacorp.ca 23
Slide 24: Mining Equipment Fleet Selection
TSXV: MCI | AGRDF: OTC Pink Mining Equipment Fleet Selection Drilling and Mucking Small Size 1.2m w x 1.8m h Drift and Stope Drilling and Mucking • Small scale electric/hydraulic mining/drilling equipment is replacing old single jackleg drills • Electric/hydraulic equipment can perform drilling and
Slide 25: Innovative Thinking
TSXV: MCI | AGRDF: OTC Pink Innovative Thinking • Re-starting a past producing, shallow dipping, narrow vein mine requires Innovative Thinking • Innovative new drilling-blasting-mucking technologies • Innovative new reef boring, slot/raise boring techniques • Minnova is committed to employing the st