CORPORATE PRESENTATION OCTOBER 2018 TSXV: BBB 8BX1 : GR BXTMF :OTCMKTS 1
SAFE HARBOUR STATEMENT Information set forth in this presentation involves forward-looking statements, including but not limited to comments regarding timeline, predictions and projections. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward- looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified on the Company’s website or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulators. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking state. The historical estimates contained in this presentation have not been verified as current mineral resources. In general, Brixton Metals believes that the historical estimates are a reasonable estimate based on data available at the time and that there is potential to expand this historical estimate to a significant drill discovery through an initial round of exploration drilling and by closer-spaced infill drilling to standards suitable for formal resource estimation. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and Brixton Metals is not treating the historical estimate as current mineral resources or mineral reserves. No assurances can be made that exploration targets will be developed into resources or reserves. The exploration targets are conceptual in nature and relies on projections of mineralization that are beyond the standard CIM classification of mineral resources and should not be relied on as mineral resource estimates Mr. Sorin Posescu, P.Geo. is the QP who assumes responsibility for the technical contents of this Presentation. 2
BRIXTON’S STRATEGY Add shareholder value through de-risking its projects to feasibility Focus on the Atlin Gold Project in 2019 for high-grade gold Form partnerships with senior companies for mine development Apply artificial Intelligence and machine learning to exploration Drill for new discoveries and expand existing zones It all starts with the TEAM ! 3
MANAGEMENT & DIRECTORS A discovery driven team with a proven track record of building companies GARY THOMPSON P.Geo., CHAIRMAN & CEO IAN BALL B.Com, DIRECTOR • 25 yrs in resources includes 12 yrs in public markets • CEO of Abitibi Royalties Inc. • Former Project Geologist for NovaGold Resources, • Previously President of McEwen Mining Inc. Newmont Alaska and Encana Corporation • Led the team that built the El Gallo 1 mine and • Built then sold Sierra Geothermal in 2010 making the El Gallo 2 discovery • Led financings totaling $80M CARL HERING PhD., DIRECTOR CALE MOODIE BSF, CPA, CA, CFO & DIRECTOR • 35 years experience in mineral exploration globally • Former CFO of Underworld Res. sold to Kinross • Previously held senior positions with Noranda and Placer Dome in the Western USA, Mexico, Central • 16 years in public markets America, Austral-Asia, Asia Pacific • Involved in $100M public company financings • Instrumental in building Brett Resources, a 10 Moz gold resource (sold to Osisko Mining) SORIN POSESCU P. Geo., VP EXPLORATION • 20 years experience in resource exploration RANDALL THOMPSON, DIRECTOR • Former Senior Project Geologist with NovaGold, • 30 years experience in building and operating Sierra Geothermal and OMV Petrom underground and open pit mines precious and base metals mines in Canada, Australia, Mid-East DANETTE SCHWAB P.Geo ., SENIOR GEOLOGIST • Chief Operating Officer of Huckleberry Mines., • 15 years experience in mineral exploration supervised the roughly $100 million expansion • Former Senior Geologist for NovaCopper, Fronteer • Led the $450 million construction of the Jabal Gold (sold to Nemwont), NovaGold Sayid mine in Saudi Arabia for Equinox Minerals 4
SHARE STRUCTURE TSX Venture Exchange Ticker BBB Gold 2000 8% Share Price at 1-Oct-2018 $0.17 7% Management Shares Outstanding 69M Desert Mountain 6% Evanachan-McEwen 5% Options 6M Retail Pan American Silver 4% Warrants 12M 63% 3% Hecla Mining 3% Cash as of 30-June-2018 $2.8M US Global 1% Market Capitalization $12M Eric Sprott 1 Year Stock Chart 2018 $CAD 5
PROJECT LOCATION 4 Wholly Owned High Potential Exploration Projects Atlin Au Thorn Au-Cu-Ag Langis Ag-Co Hog Heaven Ag-Au-Cu Mexico 6
ATLIN GOLD PROJECT Atlin Gold Project: Early stage, Barkerville style OROGENIC gold Yellowjacket zone up to 5.57m of 509.96 g/t Au (16 opt) Yellowjacket Non-NI-43-101 estimate of 453,500t at 10.26 g/t Au (1) P10 Wholly owned 1004 square km claim group, low to no NSR’s Good infrastructure, road access near Atlin, BC, Canada 3 zones have returned very high-grade gold, Yellowjacket, Pictou and LD 5 newly identified target areas for follow up work 2019 to focus on defining drill targets and structural controls Quartz- Phyllite BC gold-veins Bottom of placer pit 2018 7
ATLIN vs BARKERVILLE Barkerville Gold Camp Atlin Gold Camp Mineral claims Mineral claims Placer claims Placer claims 2071 sqkm of mineral rights 1004 sqkm of mineral rights held by BGM held by BBB 8
ATLIN vs BARKERVILLE Atlin Gold Camp Barkerville Gold Camp • 2 nd largest placer production in BC • Largest placer production in BC • 120 years of placer mining • 160 years of placer mining • Historical production 0.6-1Moz • Historical production 4.5Moz • No defined resources (1) P10 • M+I = 1.6Moz at 6.1 g/t Au • • Non-NI-43-101, 150,000 oz at 10 g/t Au Inferred = 2.1Moz at 5.2 g/t Au • • 1004 sqkm of mineral rights 2071 sqkm of mineral rights • Largest gold nugget in Canada, 85 oz • Largest gold nugget 19oz • Gold hosted fault-shear-extensional- • Gold hosted fault-shear- intrusion related extensional-replacement • • 8 areas of interest 183 vein corridors • • Qtz-carb-albite-sericite-pyrite- Qtz-carb-sericite-pyrite alteration alteration • Richest veins are commonly proximal to ultramafic rocks Source: Mihalynuk, M.G., Zagorevski, A., Devine, F.A.M., and Humphrey, E., 2017 http://barkervillegold.com/ source https://journals.lib.unb.ca/index.php/gc/article/view/12434/13334 9
MINERALIZATION STYLES Listwanite-Hosted Gold: Shear zone hosted quartz- carbonate-mariposite veins and free gold hosted in listwanite altered mafic and ultramafic lithologies free gold in core, Yellowjacket Argillite-Phyllite-Hosted Gold: Quartz-albite- carbonate-bearing veins, stockwork and breccias hosted in cherty-argillite-to-phyllitic metasedimentary rocks Gold mineralization is concentrated in areas proximal to faults and deformed lithological contacts Intrusion-Related Gold Mineralization – Gold nuggets intergrown with cassiterite (SnO 2 ) and thorite (ThSiO 4 ) have been collected from placer producing streams proximal to the Surprise Lake Batholith Phyllite-hosted gold-bearing veins Source: Mihalynuk, M.G., Zagorevski, A., Devine, F.A.M., and Humphrey, E., 2017 10
Recommend
More recommend
