PIL PROPERTY The 2016 Discovery of an Alkali Porphyry Copper-Silver System Presentation for KEG 2017 TSX-V: FYL | finlayminerals.com
Forward-Looking Information This presentation includes certain statements that may be deemed "forward-looking statements". All statements in this presentation, other than statements of historical facts, that address exploration drilling and other activities and events or developments that Finlay Minerals Ltd. ("Finlay") expects to occur, are forward-looking statements. Forward-looking statements in this presentation include statements regarding the placements and future exploration plans and expenditures. Although Finlay 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 forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals for the transactions described herein, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay’s proposed transactions and programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law. TSX-V: FYL | finlayminerals.com 2
PIL PROPERTY Property Location TSX-V: FYL | finlayminerals.com 3
PIL PROPERTY Management Team JOHN J. BARAKSO, M.SC. Chairman of the Board and Director Mr. Barakso has a Masters degree in Geochemistry from the University of British Columbia and has 50 years of experience in grassroots exploration in British Columbia. He is a co-finder of the Kemess, Equity Silver, Huckleberry and Alice Arm Molybdenum deposits while working as Geochemist with Kennco Explorations (Western) Ltd. and Chief Geochemist for Anaconda American Brass. He was also the founder of Min-En Laboratories, Electrum Resource Corporation, Barakso Consultants and Finlay Minerals Ltd. Mr. Barakso has worldwide experience in the conceptualization and discovery of ore deposits and has authored and co-authored 27 published scientific papers. ROBERT F. BROWN, P. ENG. President, CEO and Director Mr. Brown is a Professional Engineer with a degree in Engineering Geology from Queen’s University. His 40 years of experience in the mining industry includes 15 years with Lac Minerals Canada, and culminating in the position of VP Exploration for 12 years with Great Panther Silver Ltd. overseeing and directing exploration efforts at three mines sites and various exploration projects. Mr. Brown has also held senior management positions in the junior mining sector working on projects throughout the Americas, Eastern Europe and Indonesia, primarily with porphyry copper and epithermal gold deposits. WARNER GRUENWALD, P. GEO. Vice President, Exploration and Director Mr. Gruenwald has a Bachelor of Science degree in Geology from the University of British Columbia and has 35 years of exploration experience ranging from grassroots to advanced stage exploration programs focused on precious and base metals. Mr. Gruenwald has operated as an independent consultant since 1985 and is the president of Geoquest Consulting Ltd. He is a Qualified Person (QP) as defined by National Instrument 43-101. JAMES W.F. TUTTON, B.COMM. CFO and Director Mr. Tutton holds a Bachelor of Commerce degree from the University of British Columbia and has over 35 years of experience in mining and public company administration. Mr. Tutton has worked as a business consultant and self-employed businessman and he is the President of Worldcorp Lands Ltd. TSX-V: FYL | finlayminerals.com 4
PIL PROPERTY Management Team RICHARD T. DAUPHINEE, B.SC. Independent Director Mr. Dauphinee is a retired Chartered Accountant after 32 years of public practice; for 28 years he was a partner of Rick Dauphinee Ltd., Chartered Accountants and previously, he was a founding partner of Watson Dauphinee & Masuch, Chartered Accountants in Vancouver. DAVID A. SCHWARTZ, B. COMM., J.D. Secretary and Director Mr. Schwartz has Bachelor of Commerce and Juris Doctor degrees from the University of British Columbia. He is a retired Barrister, Solicitor, Arbitrator and Notary with over 40 years experience in corporate and securities law predominantly with junior natural resource companies. PETER F. TEGART, B.SC. Independent Director Mr. Tegart has a Bachelor of Science degree in Geology from the University of British Columbia and has over 45 years of experience as a geologist and mining executive. He has served as Western Manager for Serem Ltd. and Vice President, Exploration for Cheni Gold Mines. Mr. Tegart has also been in charge of exploration, feasibility and production for the Moris Mine in Mexico formerly in production by Hochschilds of Peru. He was additionally responsible for resource definition and feasibility of the Lawyers Gold mine in BC and the acquisition of Manhattan Mineral’s Tambo Grande Project in Peru. Mr. Tegart served as President and CEO for Frontier Pacific Mining Corporation which was acquired by Eldorado Gold in 2009. He continues to be involved with several junior mining companies including Finlay Minerals Ltd. TSX-V: FYL | finlayminerals.com 5
PIL PROPERTY Finlay Minerals History • Early 1960’s: John Barakso takes an interest in the Toodoggone area with the co- finding of Kemess and further decades of work in the area. • The Pil and Atty claims were staked in the 1990’s by John, and rolled into Finlay Minerals in 1999 • Soil sampling, and IP surveys completed 1999-2003 • 2003 Finlay goes public • 2004-2007 drilling of various targets including NW, Silver Ridge, Pil South, and Atlas East zones • 2008-2014 dormant • 2015-2016 discovery of Pillar East zones including Copper Cliff alkalic clan monzonite porphyry Cu-Ag occurrence and a epithermal Au-Ag breccia. TSX-V: FYL | finlayminerals.com 6
PIL PROPERTY Why alkaline porphyry Copper deposits? • Expertise & background of Management and Directors. • Economically significant bulk tonnage targets with 5 alkaline porphyry Cu- Au-Ag deposits presently in production in BC, including in remote locations • Significant producers of metals to attract the attention of junior exploration to senior mining companies 2016 Production from B.C. Alkaline Porphyry Deposits* M lbs Tonnes milled / Company Deposit Cu oz Au oz Ag Day Copper Mountain Mining Copper Mtn. 83 30,800 291,900 38,900 Newgold Inc. New Afton 87.3 98,098 ~17,000 Imperial Metals Corporation Mt. Polley 25.3 46,444 90,125 18,200 Centerra Gold Inc. Mt. Milligan 58.5 204,542 55,000 Imperial Metals Corporation Red Mtn. 83.6 47,088 190,624 26,371 *2016 Production figures from Company news releases. TSX-V: FYL | finlayminerals.com 7
PIL PROPERTY Geological Setting • Stikine and Quesnel volcanic arc terranes are coeval, Late Permian to Early Jurassic age, and part of the Intermontane belt • Both the Stikine and Quesnel terranes are known to host valuable calc-alkaline to alkaline porphyry style Cu-Mo-Au-Ag occurrences and mines • Pil and Atty properties are in the Toodoggone River area of the Stikine terrane TSX-V: FYL | finlayminerals.com 8
PIL PROPERTY Toodoggone Area Geology and Occurrences • Oldest rocks are Permian Asitka Group volcanics and sediments unconformably overlain by • Late Triassic Takla Group mafic volcanics and sediments, unconformably overlain by • Hazelton Group intermediate to felsic volcanic rocks (Toodoggone Formation of Lower Jurassic age) • Coeval with the Hazelton Group are QM to GD intrusive rocks of the Black Lake intrusive suite, a NNW trending 60km long pluton that hosts porphyry style mineralization. TSX-V: FYL | finlayminerals.com 9
PIL PROPERTY Pil Project Geology and Occurrences 1999 to 2007 • NW Zone: Cu-Mo porphyry occurrence of 400 by 400m, best hole PN04-09 intersected approximately 300 metres of mineralization with a 168 metre interval grading 0.09% copper (Cu) and 0.004% molybdenum (Mo). Mineralization is associated with silicified, variably quartz veined and brecciated quartz diorite and monzonite. • Atlas East Zone: 500m zone of epithermal Au-Ag, discovery hole A06-05 had 1.05m @ 13.35g/t Au and 158g/t Ag in a 8.4m zone averaging 2.18g/t Au and 28g/t Ag. • Silver Ridge Zone: 2km long structural zone with associated Ag, Zn, W. • South Zone: Quartz veins with chalcopyrite, magnetite, hematite in propylitically altered Takla Frm volcanics and sediments. • 2007 panned gold from creeks in the Pillar East area TSX-V: FYL | finlayminerals.com 10
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