SHOAL LAKE ADVANCED GOLD PROJECT ONTARIO, CANADA COUGAR METALS NL TYCOON GOLD RESOURCES INC GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
FORWARD LOOKING STATEMENT This document, and the information contained in this document, is confidential and is being supplied to you solely for your information and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose. The distribution of this presentation in other jurisdictions may be restricted by law and persons into whose possession this presentation comes (or a copy hereof) should inform themselves about, and observe, any such restriction. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdiction. This document does not constitute or form any part of any offer or invitation or other solicitation or recommendation to purchase any securities and contains information designed only to provide a broad overview for discussion purposes. As such, all information and research material provided herein is subject to change and this document does not purport to provide a complete description of the investment opportunity. All expressions of opinion are subject to change without notice and do not constitute advice and should not be relied upon. The Company does not undertake any obligation to update or revise the information in or contents of this document. Recipients of this document who may consider acquiring shares in the Company are reminded that any such acquisition should not be made on the basis of the information contained in this document. The Company nor its employees, advisers or representatives nor any other person makes any guarantee, representation, undertaking or warranty, express or implied as to the accuracy, completeness, correctness or fairness of the information and opinions contained in this document (or as to the reasonableness of any assumptions on which any of the same is based or the use of any of the same), nor does the Company nor its employees, advisers or representatives nor any other person accept any responsibility or liability whatsoever for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith. The information contained in this document is considered to be unpublished price sensitive. By receiving this document you will be an insider and, as a consequence, may not trade in any of the Company’s securities or on the basis of any information contained in this document u ntil such time as you are informed otherwise by the Company or its agents. GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
CORPORATE STRUCTURE & PROJECT MANAGEMENT COUGAR METALS holds a laterite nickel and cobalt rights over the Pyke Hill tenement located in Australia’s Murrin Murrin complex where Minara’s operations produce in excess of 36kt Ni per annum. The Pyke Hill tenement holds a resource of 14.7Mt @0.9% Ni and 0.06% Co of laterite ore. - - COUGAR BRASILIA MINERACAO holds a key land position in the emerging Alta Floresta gold belt in Brasil and the Ze Vermelho trial mine which is now on care and maintenance. - - GEOLOGICA SONDAGENS owns 9 drills in Brasil and continues to advance with a strategy towards becoming a premier RC provider taking advantage of a paradigm shift in the industry. - - TYCOON GOLD RESOURCES INC is an Ontario Corporation and wholly owned subsidiary of Cougar Metals NL created to execute the Shoal Lake gold project. - - SENIOR MANAGEMENT comprises Randal Swick (Managing Director), Paul Nagerl (Exploration Manager), and Michael Fry (CFO) GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
ALTA FLORESTA EMERGING GOLD BELT - BRASIL Strong presence since 2005 with exceptional land package and aggressive exploration culminated in trial mining operations in 2011. Market conditions, Brasilian operating limitations and exploration activities provided less than expected results with the operation being placed on care and maintenance in late 2012. Cougar is seeking JV partners for its remaining significant land holding within three districts and sale of assets. It is a zero net investment strategy anticipating total divestment prior to year end. GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
DRILLING BUSINESS – GEOLOGICA SONDAGENS • Brasil based and focused • Wholly owned subsidiary of CGM • Provider of diverse drilling services including diamond, AC, RC and RAB • Locally managed based in the Brasillian mining center of Belo Horizonte • An accepted mid tier provider of high quality drilling services • Well equipped with 9 drills available – 5 currently in service GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
SHOAL LAKE PROJECT • Located in Ontario Canada within 15km of the Trans Canadian Highway • Acquisition of Shoal Lake Option signifies a move from a complicated high risk jurisdiction to a stable established mining environment • Advanced project with near term resource potential • Lies within a favourable mining jurisdictions with stable Government with excellent infrastructure & access • Location provides for cost effective exploration and mining • Possesses brownfields and grassroots exploration opportunities. • A strong foothold in a historic and prolific gold region GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
GOLD PRODUCING DISTRICTS OF CANADA SHOAL LAKE
SHOAL LAKE PROJECT LOCATION • South of mines Musselwhite 7.5Moz, Rice Lake 4Moz, and Red Lake 39Moz • Nearby deposits at Cameron, Rainy River, High Lake 0.1Moz and West Hawk 0.2Moz & adjacent to Duport deposit and Machin property • Access off Trans Canada highway between the cities Winnipeg and Kenora ; close rail and hydro Map with Cameron Lake, regional geology, main cities, rail, road, airports, mining centers Canada, Ontario, north west Ontario, Winnipeg, Kenora, Trans Canada Hwy Goliath 1.6Moz Cameron 1.5Moz Duport 0.3Moz Rainy River Hammond Reef 8.4Moz 7.2Moz GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
SHOAL LAKE OPTION AGREEMENT Earn 51% undivided interest in mineral and surface rights by: 1. Making quarterly payments totalling $825,000 over four years 2. Completing a bulk sample. 3. Making a final payment in four years equally to 50% of the profit from the bulk sample or $ 5 million; which ever is greater. 4. Subject to earning its interest in the project, a joint venture will be formed with the vendor whereby Cougar must complete a PFS with vendor’s free carried to its completion. GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
HISTORY OF THE SHOAL LAKE GOLD DISTRICT DISCOVERY of gold in the Shoal Lake area in 1880 ’s led to the development of four mines and of a number of significant occurrences. Mining of gold commenced in 1893 and continued intermittently until 1936. During this period the region was considered Ontario’s premier gold district; prior to the discovery of the Timmins gold camp. EXPLORATION of the region was carried out by a number companies. No exploration was carried out on the property between 1936 and 1980. Recognition of the mineralization extending onto the mainland prompted a renewed exploration effort on the property which was led by Dennison Mines, St Joe Canada,, Bond Gold, and Amador through until 2004. No significant work has been completed on the property since that time. TODAY the property has largely overgrown with indigenous forest cover, obscuring much of the historic infrastructure. Mine shafts, trenches, tailings and buildings are however still easily identifiable. Old grids and drill hole collars are less easily recognized. Drill core is stored on site but in poor condition. Pulps and rejects are not available. The Kenora Mining District was the largest gold producing region in Ontario at the turn of the 19th century, producing a total of approximately 19,000 ounces of gold from 1899-1947. GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
GEOLOGY & PROPERTY 0 500 1,000 BAG BAY metres 28 PATENT MINING CLAIMS WITH SURFACE RIGHTS Felsic Intrusive Mafic Intrusive HELLDIVER BAY Mafic Volcanic Part of the Wabigoon Subprovince in the Canadian Shield. Archean volcano-sedimentary Terrain intruded by felsic, mafic and ultramafic bodies Folded, faulted and sheared with regional amphibolite grade metamorphism 28 patented mining claims (MRO & SRO) totalling 650 ha, 100% held by KPM Option to earn 51% by making payments and completing a work commitment over a 4 year period GLOBAL EXPLORATION AND DEVELOPMENT OF PRECIOUS AND BASE METALS & DRILLING SERVICES ASX:CGM
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