Copper Lake Resources Exploring Advanced Copper-Gold-Zinc-Silver & Gold Projects in NW Ontario March, 2017 www.copperlakeresources.com TSX-V: CPL
Disclaimer Cautionary Statement These presentation materials include certain statements which may be deemed to be “Forward looking statements. ” All statements, other than statements of historical facts, that address such matters as future exploration, drilling exploration, activities, potential mineralization and resources and events or developments that the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward looking statements include market prices, exploitation and exploration success, continued availability of capital and financing, and assume no obligation to update or revise forward looking statements as results of new information to reflect actual results, future events or otherwise. Any forward looking statements are expressly qualified in their entirety in this cautionary statement. This is not to be construed as an offer to buy or sell securities of Copper Lake Resources Ltd. TSX-V: CPL
Marshall Lake VMS Copper-Zinc Property • Large Copper-Zinc-Silver-Gold VMS deposit belt in Central Ontario • Significant drilled mineralization in a number of Copper stringer zones • Historical Resource at Main Billiton Zone (A.S. Bayne, 1970) of 1.2MMt @ 0.82% Cu, 2.71% Zn, 60.36g/t Ag, 0.20g/t Au. (Note: not 43-101 compliant) • Historical Resource at Teck Hill of 479,300t @ 1.04% Cu. (Note: not 43-101 compliant) Norton Lake Magmatic Nickel-Copper-Cobalt-PGM Property • NI43-101 compliant resource • Measured & Indicated : 2.26MMt @ 0.67% Ni, 0.61% Cu, 0.03% Co & 0.46g/t Pd • Inferred: 0.20Mt @ 0.66% Ni, 0.59% Cu, 0.59% Co, 0.47g/t Pd NW Ontario Gold Properties • 100% earn-in on 4 prospective greenstone Gold properties in NW Ontario. • High Grade Gold intercepts in drilling or channels samples TSX-V: CPL
Capital Structure February, 2017 TSX-V : CPL Shares Issued 93,990,912 Significant Shareholders • • Options @ $0.05 5,715,000 Dundee Corp 13% • • Convertibles @ $0.05 10,193,273 Paul Mcgroary 12% • • Warrants @ $0.10 10,243,025 Ed Yurkowski 10% • Share price $0.06 • Cash $150,000 TSX-V: CPL
Marshall Lake Cu-Zn-Au-Ag VMS Project • 68.75% project ownership • Option to earn up to 87.5% • Numerous Cu rich stringer targets located at surface and in drilling • Discovered wide high grade copper stringer intercepts in drilling • 22km north of CN rail, 310km from Thunder Bay • Truck accessible year round • +200 shallow historical holes
Marshall Lake: Targets & VTEM Anomalies Enlarged Map Property Boundary N Marshall Lake Adnarod Billiton 2 Main Billiton Zone 6 South Billiton LEGEND 1 Felsic Sill 72 Occurrence 5 4 Summit Lake Pluton (Tonalite) Jewel Box 66 Occurrence Summit Lake Pluton (Marginal) Ultramafic intrusive RM Zone Felsic Intrusive Cherry Hill Zone Felsic Metavolcanic Metasedimentary Clastic Metasedimentary Gazooma Zone 2 Tuffacious Sandstone Intermediate Metavolcanic 3 Lin Trend Teck Hill Zone 0 2 4 6km Mineralized Zones VTEM Conductors
Marshall Lake Cu-Zn-Au-Ag VMS Property VTEM-001 Conductor; South Billiton • Untested VTEM Modelled Plate • Drill Hole MAR-07-11 drilled above and to side of the VTEM conductor • Intersected massive sulphides • Returned 10.20m @ 1.26% Cu, 1.04% Zn, & 56g/t Ag • Includes 4.0m @ 1.93% Cu • Plate open and untested down dip at South Billiton • Shallow: <150m depth • Drill ready target
COPPER LAKE RESOURCES LTD Marshall Lake VMS Cu-Zn-Au-Ag Property TSX-V CPL; Frankfurt W01 VTEM-002 Conductor: Gazooma • Drilling at Gazooma stopped above the conductor • Hole GAZ-07-10: 4.00m @ 1.73% Cu, 0.27g/t Au, & 34g/t Ag • Hole GAZ-10-15: 3.00m @ 1.88% Cu, 0.62g/t Au, & 42g/t Ag • GAZ-08-12: 10.00m @ 1.18% Cu, 0.26g/t Au, & 28g/t Ag • Historic holes were too shallow and did not target the VTEM mineralized unit • Conductor: Open and untested • Drill ready target TSX-V: CPL
COPPER LAKE RESOURCES LTD Marshall Lake VMS Cu-Zn-Au-Ag Property TSX-V CPL; Frankfurt W01 VTEM-003 Conductor; Teck Hill • Drilling at Teck Hill intersected edge of conductor • Hole TK-08-09: 2 zones • 4.25m @ 3.79% Cu, 0.27g/t Au, & 38g/t Ag • And 4.70m @ 2.34% Cu, 0.11g/t Au, & 25g/t Ag • Hole TK-07-02 drilled above plate hit 0.75m @ 1.20g/t Au, 5.20% Cu • Historic holes were drilled too shallow and did not reach the target mineralized unit • Drill ready target • 479,300t @ 1.04% Cu (Historical resource, pre-43-101) TSX-V: CPL
Marshall Lake: Newly Defined Gold Mineralization in VMS Systems TSX-V: CPL
Marshall Lake Project Gold Rich Zones: Adnarod Zone • Drill results up to 3.81m @ 14.54g/t Au • Only tested by 2 drill holes • Channel sampling: Up to 0.49g/t Au, 1.62% Cu • Mapped over 350m strike length • Folded and east plunging • Quartz-Sericite alteration • Massive Sulphide lenses • Plus Billiton 2 Zone: Historic drilling: 1.28m @ 2.06g/t Au, 4.90% Cu TSX-V: CPL
Marshall Lake Cu-Au-Zn-Ag Project Billiton Main Zone Historical Assays • MAR-06-06: 0.35m @ 28.7g/t Au, 3.43% Cu • MAR-06-09: 2.0m @ 2.70g/t Au, 0.84% Cu • MAR-06-06: 0.30m @ 2.15g/t Au • MAR-06-03: 0.75m @ 1.22 g/t Au, 2.07% Cu • Historic Non 43-101 compliant resource of 1.2MMt @ 0.82% Cu, 2.71% Zn, 60.36g/t Ag, 0.20g/t Au TSX-V: CPL
Marshall Lake Cu-Zn-Au-Ag VMS Project Gold Rich Zones: Lin Structure • Lin Structure • 1.2km long • Quartz-Sericite alteration, Quartz veins • Massive Sulphides • Grab samples: 15.35g/t Au, 5.19g/t Au, 4.51g/t Au, 4.12g/t Au, 2.98g/t Au • Chip Sampling; Up to 1.05g/t Au, 2.82% Zn TSX-V: CPL
Marshall Lake Cu-Zn-Au-Ag VMS Project Significant Historical Drill Results ……………..To Be Followed Up……………………….. Zone Target Depth Metres % Cu (% Zn) g/t Ag (g/t Au) Main #1 36.8m 10.1m 1.25% Cu, 1.1% Zn 56.1 g/t Ag, 0.16 Au Main #1 28.0m 9.7m 1.19% Cu, 3.22% Zn 79.5g/t Ag, 0.20 Au Gazooma #2 7.0m 28.0m 1.14% Cu 22.5g/t Ag, 0.17 Au Gazooma #2 3.0m 27.1m 2.03% Cu 37.9g/t Ag, 0.31 Au Gazooma #2 2.0m 28.7m 1.30% Cu 24.7g/t Ag, 0.29 Au Gazooma #2 23.9m 14.8m 2.46% Cu 47.6g/t Ag, 0.34 Au Gazooma #2 1.5m 21.3m 0.83% Cu 15.7g/t Ag, 0.12 Au Teck Hill #3 52.0m 44.5m 0.93% Cu 10.1g/t Ag Teck Hill #3 56.3m 27.8m 0.52% Cu - RM #4 70.0m 24.0m 1.74% Cu 8.9g/t Ag, 0.32 Au RM #4 149m 33.0m 1.53% Cu 6.8g/t Ag, 0.13 Au RM #4 269m 24.0m 1.01% Cu 4.0g/t Ag, 0.09 Au RM #4 172m 23.0m 1.34% Cu 6.7g/t Ag, 0.29 Au TSX-V: CPL
Ontario Greenstone Gold Portfolio New Low Cost Option Agreement • 4 Gold Properties • NW Ontario • Good Access • High Grade Au • Low cost option 1. Mine Lake 2. Queen Alexandria 3. Grand Chibougamau 4. Centrefire-Redhat
Mine Lake Gold Project NW Ontario: Gold • 230km NW of Thunder Bay • 3x shear zones Thomas Lake • 1500m long 62.8g/t Au • 50m wide • Quartz-Fe CO3 veins Stewart Contact Zone • Qtz-Ser altn Mine Lake • Channels 55.6g/t Au 1. 3.2m @ 6.90g/t Au 2. 0.5m @ 15.40g/t Au 29.0g/t Grab samples: g/t Au Channel samples: g/t Au Mafic Intrusions Shear Zone Felsic Volcs Mafic Volcs
Norton Lake Magmatic Ni-Cu-Co-PGM Project TSX-V: CPL
Norton Lake Magmatic Ni-Cu-Co-PGM Property Untested anomalies and upside at Norton Lake Property TSX-V: CPL
Norton Lake Magmatic Ni-Cu-Co-PGM Property NI 43-101 Resource Estimate Co Grade Pd Grade Category Tonnes Ni Grade (%) Cu Grade (%) (%) (g/t) Measured 1,769,721 0.67 0.61 0.03 0.46 Indicated 488,933 0.67 0.61 0.03 0.47 Total 2,258,654 0.67 0.61 0.03 0.46 Inferred 198,571 0.66 0.59 0.03 0.47 • Norton Lake Ni-Cu-Co Deposit Mineral Resource Estimate reported at 0.3% Ni cut-off • Independent Technical Report – May 1, 2009 as prepared by Caracle Creek International Consulting TSX-V: CPL
Directors and Management Terry MacDonald, CPA, CA, Director and Chief Executive Officer A Chartered Accountant with over 30 years’ experience in financial and resource sectors Gary O’Connor, MAusIMM, Director Vice-President, Exploration at Dundee Resources Paul McGroary, Director Founder of Marshall Lake Mining Limited, who funded the acquisition and early development of Marshall Lake, serial early stage investors Dr. Jeffrey Malaihollo, FAus IMM, Director Chairman UK coal explorer Edenville Energy Plc (listed on AIM) Edward Yurkowski, Director Founder of Procon Mining and Tunneling Ltd. Lisa Korinek, Chief Financial Officer Wide ranging experience in FMCG sector
Contact Information 501 Alliance Avenue, Suite 401 Toronto, ON M6N 2J1 Canada +1-416-5613626 (Canada) +44-7930-568160 (UK) www.copperlakeresources.com Email: info@copperlakeresources.com
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