Corporate Presentation Fairview Gold Mine CONFIDENTIAL – MAY 2018
Hi Ho Silver Resources Inc. World Trade Centre 999 Canada Place, Suite 404 Vancouver, British Columbia, Canada V6C 3E2
FORWARD LOOKING STATEMENTS Certain statements contained herein, as well as oral statements that may be made by the Corporation or by officers, directors or employees of the Corporation acting on its behalf, that are not statements of historical fact, may constitute “forward - looking statements” and ar e made pursuant to applicable and relevant national legislation in countries where Hi Ho Silver Resources Inc. is conducting business and/or investor relations. Forward-looking statements, include, but are not limited to those with respect to the price of gold, the estimation of mineral reserves and resources, the realization of mineral reserves estimates, the timing and amount of estimated future success of exploration activities, the timing and amount of production estimates, targeted production cash costs and forecasted cash reserves, Hi Ho Silver Resources Inc.’s currency fluctuations, requirements for additional cap ital, government regulation of mining operations, environmental risk, title disputes or claims limitations on insurance coverage and the timing and possible outcome of any future litigation. Often, but not always, forward- looking statements can be identified by the use of words such as “plans”, “expects”, “does not expect”, “is expected”, “targets”, “budget”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or equivalen ts or variation, including negative variation, of such words and phrases, or state that certain actions, events or results, “may”, “could”, “would”, “might” or “ wil l” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Corporation to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, possible variations in grade and ore densities or recovery rates, failure of equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays in obtaining government approvals or financing or in completion of development or construction activities. Although Hi Ho Silver Resources Inc. has attempted to identify important factors that could cause actual actions, events or cause actions events or results not to be anticipated, estimated or intended, there can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Except as may be required by applicable law or stock exchange regulation, the Company undertakes no obligation to update publicly or release any revisions to these forward -looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events. Accordingly, readers should not place undue reliance on forward-looking statements. The information provided here is not an offer to sell securities or the solicitation of an offer to buy securities, nor will there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
OVERVIEW • Corporate Strategy • The Hi Ho Team • Financial Strategy • Fairview Gold Project • Hi Ho Gold Claims and Properties • Norbeau Gold Investment • Appendix
CORPORATE STRATEGY Mission Statement To create sustained prosperity and maximize shareholder value by exploring and developing the Company’s diverse projects and resources . Company Vision ✓ Exploration of the Company’s projects while forming robust and enduring alliances and discovering one or more multi-million Au oz. or Au equivalent resources ✓ Leveraging these discoveries and partnerships allowing the Company to evaluate monetization alternatives and extract value for the shareholders
CORPORATE STRATEGY (cont.) Action Plan ✓ Assess all historic and present information to identify exploration targets ✓ Develop comprehensive exploration plans using the existing mapping, sampling, geophysical and drilling information ✓ Drill test the priority targets ✓ Review and adjust the property position to preserve/enhance the exploration potential while managing holding costs ✓ Produce updated NI 43-101 report(s) in 12 months Keys to Success ✓ Aggressively advance exploration of the project areas ✓ Continuously evaluate value extraction options
The Hi Ho Team • William G. Jorgenson, Chairman, CEO & Director • Gary W. Jorgenson, President & Director • Steven Jorgenson, Vice-President & Marketing • Dennis Jorgenson, Director • Milan M. Gubash, Director & Project Consultant • Sharon Xie, Chinese Community Liaison • Bill McKinney, Prospecting & Claims Advisor • Dr. Stewart A. Jackson, P.Geo. Geologist
HIGHLIGHTS OF FINANCIAL STRATEGY ➢ New management - mid 2017 ➢ Emphasized debt reduction. Expenditures reduced by $50,000 per month, debt reduced $1,000,000 in 2 quarters ➢ New legal and accounting advisors ➢ Renewed financial strategy ➢ Plans for strategic property holdings and joint projects for immediate cash, future cash with NPI, and share swaps to raise funds ➢ Elevation of Hi Ho stock price Hi Ho Silver is positioned to move forward developing projects and enhancing profitability to create excitement in the Market.
FAIRVIEW GOLD PROJECT • Fairview property, Oliver, Okanagan Valley, British Columbia • Has an inferred gold resource of 32,000 ounces, and a silver content of 192,000 ounces (NI 43-101) in an underground configuration which will be developed by an adit driven horizontally to intersect the mineralization. • The resource is based on 47 drill holes, and can possibly be expanded by exploration to exceed 200,000 ounces gold .
FAIRVIEW GOLD PROJECT (cont.) • Hi Ho Resources Inc. holds a large land position on the property. • Mill capacity is available nearby in Greenwood or Merritt. • A drilling program to be completed with $300,000 financing. • Production within 6 months when funded. • Detailed Project information included in Appendix
HI HO RESOURCES ADDITIONAL GOLD CLAIMS & PROPERTIES • Norbeau Gold Projects • Bralorne Gold Project • Silver Reef Gold Project • Bonanza Prospect Gold/Silver/Lead/Zinc/Copper • Abbott Prospect Gold/Silver/Lead/Zinc
STRATEGIC INVESTMENT Norbeau Gold Property, Quebec • Equity position plus NPI interest • Former gold producer developed on 12 levels to 12oo feet. • Optioned to Itoco Mining Corp.- 4 million shares (approximately 15%) with 5% retained net profits interest. • Hi Ho Resources Inc. holds 4 million shares of Itoco Mining Corp. as part of development funding for Norbeau .
STRATEGIC INVESTMENTS Norbeau Gold Property, Quebec (cont.) • Original mine produced 419,000 tons grading 13.77 oz./t gold 1965- 1969. • Exploration target conceptual 100,000 tonnes @ 7 g/t gold plus 750,000 @ 6 g/t gold • Exploration upside potential 2-10 million tonnes of similar grade.
APPENDIX 1. National Instrument 43-101 2. Location Map 3. Fairview Project & Previous Production 4. Fairview Mineral Titles 5. New Technology 6. Fairview Mine Business Plan
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