Maple Gold Mines Ltd · TSXV:MGM
Maple Gold Mines — Investor Presentation (March 2023)
27 slides from Maple Gold Mines's investor presentation, March 2023
Slide 1: Corporate Presentation March 2023
CORPORATE PRESENTATION MARCH 2023
Slide 2: Disclaimer
DISCLAIMER Cautionary Notes Regarding Forward-Looking Statements This Corporate Presentation (“Presentation”) includes “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legisl
Slide 3: Worldwide Gold Production – Peak Supply?
WORLDWIDE GOLD PRODUCTION – PEAK SUPPLY? ❖ Steady decline in global gold reserves ❖ Increased challenges globally permitting and developing mining projects ❖ Major gold companies have focused on M&A instead of new exploration spending Large undeveloped gold projects in stable mining jurisdictions ar
Slide 4: New Major Gold Discoveries to Meet Demand?
NEW MAJOR GOLD DISCOVERIES TO MEET DEMAND? 70% drop in major gold discoveries compared to the previous decade. Maple Gold is uniquely positioned with >3 Moz Au and is targeting new major discoveries at Douay & Joutel PAGE 4
Slide 5: Corporate Vision
CORPORATE VISION “Maple Gold is striving to become one of the best gold exploration names to own in Canada. We have a large established gold resource together with a high-grade, past producing mine trend located in a premier mining jurisdiction, a strong balance sheet, an exceptional team and a worl
Slide 6: Why Own Maple Gold?
WHY OWN MAPLE GOLD? Established/Growing Gold Led by experienced mining, Strong Strategic and Located in Quebec’s Prolific Strategic & JV Partnership Robust Balance Sheet Resource and High-Grade exploration, and capital Institutional Shareholders Abitibi Greenstone Belt with a Top Tier Gold Producer
Slide 7: Recent Gold M&A Activity in the Prolific Abitibi Greenstone Belt
RECENT GOLD M&A ACTIVITY IN THE PROLIFIC ABITIBI GREENSTONE BELT The Abitibi region has produced >$25B in M&A activity within the last decade 2022: C$13.5B Agnico Eagle / Kirkland Lake merger transaction completed 2022: Agnico announces consolidation of Canadian Malartic for C$1B PAGE 7
Slide 8: Strategically Located 400 km² Land Package
STRATEGICALLY LOCATED 400 KM² LAND PACKAGE Maple Gold’s property package is strategically located in Agnico Eagle’s “backyard” and includes: ❖ Established and growing 3.03 Moz gold resource at Douay (MGM 50% / AEM 50%) ❖ Historic gold mine complex that produced over 1.1 Moz Au @ 6.5 g/t average grad
Slide 9: Strong Partnership with Agnico Eagle
STRONG PARTNERSHIP WITH AGNICO EAGLE ▪ CANADA’S LEADING GOLD PRODUCER & 3rd LARGEST GOLD PRODUCER WORLDWIDE. ▪ Takes extremely conservative and measured approach to investments and asset acquisition. ❖ 50-50 JV Agreement signed in February 2021: Agnico is funding C$18.25M in exploration over 4 years
Slide 10: Local Geology & Regional Structures: Target Rich Environment
LOCAL GEOLOGY & REGIONAL STRUCTURES: TARGET RICH ENVIRONMENT Indications of multiple mineralization styles (intrusive-related, orogenic gold, sediment-hosted, VMS) within the >400 km2 land package point to the potential for a world-class gold system PAGE 10
Slide 11: Douay Conceptual Open Pit Mine Plan (2022 MRE)
DOUAY CONCEPTUAL OPEN PIT MINE PLAN (2022 MRE) One of Quebec’s Largest Undeveloped Gold Resources 21% conversion from Inferred to Indicated based on only Indicated: 6% of total metres drilled (SLR 2022) 10.0 Mt @ 1.59 g/t Au for 511 koz Au Inferred: 76.7 Mt @ 1.02 g/t Au for 2.53 Moz Au ❖ The 2022 M
Slide 12: Douay Untested Resource Expansion Potential at Depth
DOUAY UNTESTED RESOURCE EXPANSION POTENTIAL AT DEPTH The Douay-Joutel JV is based on the Canadian Malartic JV Partnership Canadian Malartic is now Canada’s largest gold mine 1.9 Moz 6.4 Moz NW-SE vertical longitudinal section (all zones) showing distribution of below-pit-shell underground Canadian M
Slide 13: Deep Drilling Campaign Now Underway at Douay (10,000–12,000 m)
DEEP DRILLING CAMPAIGN NOW UNDERWAY AT DOUAY (10,000 – 12,000 M) Douay NW-SE vertical longitudinal section (all zones) showing location of proposed deep drill holes relative to existing drilling and SLR 2022 mineral resources and conceptual pits PAGE 13
Slide 14: Deep Drilling at Douay – Targeting High-Grade Beneath the 531 Zone
DEEP DRILLING AT DOUAY – TARGETING HIGH-GRADE BENEATH THE 531 ZONE CENTRAL ZONE A A’ DO-23-331 Section 300 m total width Taibi Grp. Sediments 531 Zone Main Zone MAIN ZONE 500 m 531 ZONE DO-19-262X 28 m of 2.6 g/t Au & 51 m of 2.81 g/t Au DO-21-310 Incl. 16 m of 4.58 g/t Au 28.5 m of 8.8 g/t Au 1000
Slide 15: Agnico Eagle's 1st Gold Mine: Joutel Mine Complex (1974-1993)
AGNICO EAGLE’S 1ST GOLD MINE: JOUTEL MINE COMPLEX (1974-1993) Joutel Mine Site Entrance Telbel Headframe Eagle Mine Mill Complex Note: Historical photos. All surface infrastructure has been reclaimed. PAGE 15
Slide 16: History of the Joutel (Eagle-Telbel) Mine Complex
HISTORY OF THE JOUTEL (EAGLE-TELBEL) MINE COMPLEX USD Gold Price Chart with Key Events MGM commences 2022 $2,250 Eagle drilling MGM-AEM complete 50/50 JV on Douay/Joutel Gold Projects MGM $2,000 Globex drills 12.4 m @ 2.9 g/t commences Au, including 4.8 m @ 5.4 g/t ???Phase II drill Au (EM-14-001) a
Slide 17: Eagle-Telbel Long Section Shows Significant Drilling Gaps
EAGLE-TELBEL LONG SECTION SHOWS SIGNIFICANT DRILLING GAPS A High-Grade Restart Opportunity with Excellent Near-Mine Expansion Potential PAGE 17
Slide 18: Recent Results at Eagle Highlight Potential to Rapidly Add High-Grade Ounces
RECENT RESULTS AT EAGLE HIGHLIGHT POTENTIAL TO RAPIDLY ADD HIGH-GRADE OUNCES PAGE 18
Slide 19: 100%-Controlled Eagle Mine: Drilling Highlights To-Date
100%-CONTROLLED EAGLE-MINE: DRILLING HIGHLIGHTS TO-DATE B B’ ❖ A total of ~14,500 m was drilled across 30 holes during 2022 including: • EM-22-005: 4.0 g/t Au over 7.5 m, including 6.4 g/t Au over 3.0 m • EM-22-009: 11.4 g/t Au over 3 m, including 24.4 g/t Au over 1 m • EM-22-013: 2.3 g/t Au over 10
Slide 20: JV Now Drilling Along Strike and Down-Plunge from Historic Telbel Mine
JV NOW DRILLING ALONG STRIKE AND DOWN-PLUNGE FROM HISTORIC TELBEL MINE ❖ 6,000 m deep drilling program now underway at Telbel (nearing completion – assay results expected in Q1 and Q2/2023) ❖ Drilling from N-S and S-N to cut through all horizons and stratigraphy on the way to targeted pierce points
Slide 21: Geophysical Targets at Telbel: Mag-EM Support for Trend Change to E-W
GEOPHYSICAL TARGETS AT TELBEL: MAG-EM SUPPORT FOR TREND CHANGE TO E-W PAGE PAGE 21 21
Slide 22: Additional Targets at Telbel
ADDITIONAL TARGETS AT TELBEL Telbel Shaft TB-22-002 ❖ Drill plan shows limited and relatively shallow drilling on SE extensions of Telbel system. ❖ TB-22-002 has significant (including massive) sulfides from 1,640 m to about 2,000 m Joutel (assays pending) Deformation Zone ❖ Red dashed lines indicat
Slide 23: Telbel Extension: NW-SE Long Section
TELBEL EXTENSION: NW-SE LONG SECTION NW SE Long section SE • Positive assays or vectors in any of the deep Telbel holes will encourage us to test district-scale downplunge Telbel continuity of Eagle-Telbel trends, assuming known spacing periodicity • Each of the postulated mineralization envelopes i
Slide 24: Project Takeaways & Future Growth Catalysts
PROJECT TAKEAWAYS & FUTURE GROWTH CATALYSTS • Established 3.03Moz (total contained) mineral resource (SLR 2022) D O • JV targeting major discoveries with aggressive step-out and deep drilling SCALE • Currently hunting for the next “East Gouldie” at depth U A • 10,000–12,000 m deep drilling campaign
Slide 25: Experienced Management & Board/Advisors
EXPERIENCED MANAGEMENT & BOARD/ADVISORS SENIOR MANAGEMENT TEAM $10B Matthew Hornor Kiran Patankar Joness Lang Fred Speidel Wilma Lee President & CEO CFO Executive VP VP Exploration VP Corp Secretary & $17B Compliance BOARD OF DIRECTORS & TECHNICAL ADVISORS $5B $20B Michelle Roth Gérald Riverin Mauri
Slide 26: Capital Structure, Financial Position and Ownership
CAPITAL STRUCTURE, FINANCIAL POSITION AND OWNERSHIP Capital Structure (As of March 1, 2023) Research Coverage: Shares Outstanding 337.9M Warrants (100% Agnico)1 25.8M Options2 22.8M Fully Diluted3 391.5M 52-week high/low share price $0.38-$0.13 Market Capitalization ~C$61 Million Avg 3-month daily v
Slide 27: Contact Information
CONTACT INFORMATION MAPLE GOLD MINES LTD. 1111 WEST HASTINGS STREET, SUITE 600 VANCOUVER, BC, V6E 2J3, CANADA PHONE: +1 (647) 265.8688 EMAIL: [email protected] Northern lights at Douay
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