PAST PRODUCING GOLD MINE With Infrastructure in Flin Flon, Manitoba
Forward Looking Statements CERTAIN INFORMATION CONTAINED IN THIS PRESENTATION CONSTITUTES FORWARD-LOOKING STATEMENTS. FORWARD- LOOKING STATEMENTS ARE BASED ON THE REASONABLE OPINIONS AND ESTIMATES OF MANAGEMENT OF SATORI AND ARE SUBJECT TO A VARIETY OF RISKS, UNCERTAINTIES AND OTHER FACTORS THAT COULD CAUSE ACTUAL EVENTS OR RESULTS TO DIFFER MATERIALLY FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS AND SATORI DISCLAIMS ANY OBLIGATION TO UPDATE ANY FORWARD-LOOKING STATEMENTS, EXCEPT AS REQUIRED BY LAW. THE TARTAN LAKE MINE WAS OPERATED BY GRANGES INC. FROM 1986 TO 1989 AND SOME HISTORICAL ESTIMATES REFERRED TO IN THIS POWER POINT PRESENTATION ARE BASED ON TECHNICAL DATA OF GRANGES INC. DERIVED FROM MINE SHUT-DOWN REPORTS. THIS HISTORIC INFORMATION IS NOT COMPLIANT WITH THE REQUIREMENTS OF NATIONAL INSTRUMENT 43-101, AND IT HAS NOT BEEN VERIFIED BY SOURCES INDEPENDENT FROM SATORI RESOURCES INC. HISTORICAL ESTIMATES OF THE AMOUNT OF GOLD CONTAINED IN THE TAILINGS POND AT TARTAN LAKE WERE DERIVED FROM ASSAY RESULTS FROM SAMPLES TAKEN BY GRANGES INC. AND ANALYZED BY ACME ANALYTICAL LTD. IN 1990. THE RESULTS ARE NOT COMPLIANT WITH THE REQUIREMENTS OF NATIONAL INSTRUMENT 43-101 AND SHOULD NOT BE RELIED UPON. ESTIMATES WITH RESPECT TO THE AMOUNT OF GOLD CURRENTLY CONTAINED IN THE TAILINGS POND AT TARTAN LAKE HAVE BEEN DERIVED FROM A REPORT PREPARED BY BETTERIDGE ENTERPRISES LTD. (“THE BETTERIDGE REPORT”), A COMPANY SPECIALIZING IN THE RECOVERY OF MATERIALS FROM TAILINGS FACILITIES. THE REPORT IS NOT COMPLIANT WITH THE REQUIREMENTS OF NATIONAL INSTRUMENT 43-101 AND SHOULD NOT BE RELIED UPON. UNLESS OTHERWISE INDICATED, THE TECHNICAL INFORMATION PRESENTED HEREIN HAS BEEN REVIEWED BY THE COMPANY’S GEOLOGIST CONSULTANT, PETER KARELSE, P.GEO, A QUALIFIED PERSON IN ACCORDANCE WITH NATIONAL INSTRUMENT 43-101 – STANDARDS FOR DISCLOSURE FOR MINERAL PROJECTS.
The Satori Advantage Canadian past producing gold deposit with exploration potential Tartan Lake Gold Project (100% owned) located in Flin Flon, Manitoba, Canada, is a past- producing high-grade underground mine (47,000 oz Au of production between 1987- 1989) that remains open at depth and along strike; numerous gold showings throughout property Limited drilling to-date; extensive land package (2,670 hectares) under- explored by modern techniques Substantial infrastructure in place Decline ramp with 2,100 metres of underground development down to 310 metres, 6 Levels of development, vent raise, tailings pond, operational power, 500 tpd mill (requires refurbishment)
Corporate LEADERSHIP CAPITAL SUMMARY Symbol (TSXV) BUD Jennifer Boyle, BA, LLB CEO, Director Shares Outstanding 43,631,507 Pete Shippen , CFA Chairman Share Price $0.075 Julio DiGirolamo CFO 52 Week Range $0.01 - $0.08 Jennifer Lomax Director Options 4,150,000 Al Charron Director Warrants Outstanding 19,305,003 Shanda Kilborn Corporate Secretary
TARTAN LAKE GOLD MINE PROJECT Over view and Potential
Geographic Location ▪ Tartan Lake Gold Mine Project is located NorthEast of the mining town of Flin Flon, Manitoba, Canada. ▪ 2,670 hectares of land within the prolific Flin Flon mining camp.
Geographic Location Tartan Lake Gold Mine Project is located NorthEast of the mining town of Flin Flon, Manitoba, Canada 2,670 hectares of land within the prolific Flin Flon mining camp
Updated Mineral Resources (Mining Plus - February 2017) 2.0 g/t Cut off 3.0 g/t Cut-off** 4.0 g/t Cut-off Grade (g/t Au) 5.0 (indicated) 6.3 (indicated) 7.5 (indicated) 3.7 (inferred) 4.9 (inferred) 5.9 (inferred) Au ounces 291,000 (indicated) 240,000 (indicated) 201,000 (indicated) 54,000 (inferred) 38,000 (inferred) 27,000 (inferred) 1,820,000 (indicated) Tonnes 1,180,000 (indicated) 830,000 (indicated) 240,000 (inferred) 140,000 (inferred) 450,000 (inferred) 10 (indicated) Years mill feed* 7 (indicated) 5 (indicated) 3 (inferred) 1 (inferred) 1 (inferred) *Potential, unsubstantiated **56 gpt top-cut
Tartan Lake Gold Mine Project: Mine Site: Substantial infrastructure in place ▪ 500 tpd mill complex (requires ▪ Developed stoping areas refurbishment) ▪ Hydro power intact and operational ▪ 2,100 metre ramp (seven Levels of ▪ Mining-friendly jurisdiction and decline to 310 meters) transparent permitting process ▪ Vent raise from surface down to 260 Level
Tartan Lake Gold Mine Project: Mine Site and Tailings Site: Substantial infrastructure in place Tailings Mine pipe infrastructure Tartan Lake Tailings Pond (self contained) Access Tailings Path to road tailings ▪ The mine site is accessed by all-season road and is hydro-serviced. ▪ The tailings pond is accessed by path (safe for trucks and heavy equipment) and is approximately 1.5 km from the mine.
Tartan Lake Gold Mine Project: Recent Drill Program Highlights of Past Drill Program: ▪ Commenced in late October 2016 ▪ 6 diamond drill holes (1,600m) ▪ Highlight assays include: ▪ TL16-01 (Main Zone): 10.88 g/t Au over 13.1m and 9.99 g/t Au over 11.2m ▪ TL16-04 (South Zone): 10.28 g/t Au over 5.1m ▪ TL16-06 (Main Zone): 3.56 g/t Au over 8.2m
Recent Drilling Demonstrates High- Grade Potential Drillhole TL16-01 (Main Zone) ▪ Successfully intersected 10.88 g/t Au over 13.1 m (within the existing mineral resource model) ▪ Intersected a second zone of 9.99 g/t Au over 11.2 m (below and outside the existing mineral resource model) ▪ TL16-01 was located within approximately 20 m of existing underground development and approximately 30 m east of hole NAP114 which intersected 20.93 g/t Au over 8.2 m.
Recent Drilling Demonstrates High- Grade Potential Drillhole TL16-04 (South Zone) ▪ Successfully intersected 10.28 g/t Au over 5.1m (within the existing resource model) ▪ Located approximately 20 m down and east of hole NAP283 which intersected ▪ 7.94 g/t over 3.0m and 8.19 g/t Au over 5.0m as well as approximately 10m west (at the same elevation) of NAP292 which intersected 9.10 g/t Au over 8.5m
Recent Drilling Demonstrates High- Grade Potential Drillhole TL16-06 (Main Zone) ▪ Successfully intersected a zone of 3.56 g/t Au over 8.2m (above and outside the existing mineral resource model) ▪ Satori’s 2016 drill program both confirmed and expanded the mineralization
Exploration Potential Tartan Deposit remains open at depth and along strike; extensive land package under- explored by modern techniques
Contact Information Satori Resources Inc. TSXV: BUD 401 Bay Street, Suite 2702 Toronto, Ontario Canada M5H 2Y4 Email: info@satoriresources.ca
Recommend
More recommend
