Corporate Update. November 2017

Transcription

1 Corporate Update November 2017

2 Forward Looking Statement and Advisories This Presentation includes and is based information and statements, other than statements of historical fact, which are forward-looking information within the meaning of applicable securities laws that could cause actual results to differ. Aurelius Minerals (the Company ) provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. Factors that might cause or contribute to such differences include, but are not limited to, economic conditions globally, the impact of competition, political and economic developments in the countries in which the Company operates, regulatory developments domestically and internationally and changes in the exploration market and precious metal prices. These expectations, estimates and projections are generally identifiable by statements containing words such as "expects", "anticipates", "targets", "goals", "projects", "intends", "plans", "believes", "seeks", "estimates", variations of such words, and similar expressions. Important factors that could cause actual results to differ materially from those expectations include, among others, economic and market conditions in the geographic areas and industries that are or will be major markets for the Company s businesses, precious metal prices, the Company s ability to obtain and maintain necessary licences, permits and authorizations for planned exploration and development of its properties, including necessary authorizations and consents of aboriginal interest holders, proposed work programs on the Company s properties, changes in governmental regulations, interest rates, fluctuations in currency exchange rates and such other factors as may be discussed from time to time. The Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, however there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Although the Company believes that its expectations and the information in this Presentation were based upon reasonable assumptions at the time when they were made, it can give no assurance that those expectations will be achieved or that the actual results will be as set out in this Presentation. The Company is not making any representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the information in the Presentation, and neither the Company nor any of its directors, officers or employees will have any liability to the reader or any other persons resulting from the reader's use of the information in the Presentation. The Company undertakes no obligation to publicly update or revise any forward-looking information or statements in the Presentation. The reader should consult any further disclosures the Company may make in documents it files with the applicable securities regulators. The Presentation is intended informational purposes only and does not replace independent professional judgment. Statements of fact and opinions expressed are those of the participants individually. The information is not designed to provide financial, tax planning, accounting, investment, business or legal advice, in any way whatsoever. The reader should consult with a lawyer, accountant and other professionals in respect of contents hereof. Furthermore, the information in no way should be construed or interpreted as, or as a part of, an offering or solicitation of securities. Investors are advised to discuss any trading with a registered securities broker or personal finance professional prior to investing. The technical information contained in this presentation has been reviewed and approved by Jeremy Niemi, P.Geo, who is a Qualified Person as defined under NI As Senior Technical Advisor to the Company, Mr. Niemi is not considered independent. 2

3 Introduction Aurelius aims to be a premier gold exploration company focused on the Northern Abitibi Gold Belt in Ontario, Canada, where we are surrounded by, or contiguous to, Detour Gold. The Abitibi Gold belt has reportedly produced over 170Moz and is one of the most prolific ranges in the world. 3

4 3 Steps to a significant position in the Abitibi 1. Completed deal on Lipton property hectares adjacent to Detour - Northern edge of property is 3km from Detour Gold s 58N Zone in Lower Detour Belt 2. Staked 9600 hectares adjacent to lower boundary of Detour and Lipton ground 3. Completed deal on Mikwam Property - Detour staked ground surrounding Mikwam for their Burntbush Property Aurelius now second largest landholder in Northern Abitibi belt after Detour Gold 4

5 Two Distinct Assets Lipton Property Detour Gold Camp Blue sky exploration 3 km south of Detour Gold s 58N discovery Successful 2017 summer program Mikwam Property Casa Berardi/Burntbush Belt Inferred Resource 136, gpt Significant exploration upside on structure Potential to increase resource Aurelius is elephant hunting in elephant territory 5

6 The Aurelius Approach 1. Lipton 2017 program Deep looking IP to see through sand/gravel cover Identify structure & Drill areas with high potential First 7 holes all reported mineralization, including: Hole 1: 9.4gpt/6.58m Hole 2: 5.32gpt/1.5m and 7.44m/1.5m Hole 3: 0.83gpt/9m and 0.69gpt/6.85m Hole 4: 0.54gpt/17m 2. Define and expand Mikwam mineral resources (2018) 3. Identify new opportunities 6

7 Introduction the Northern Abitibi Regional Geology Map (adapted from Percival & Easton, 2007; DGC, 2016; and ERNQ, 2012) 7

8 Access to Lipton Exploration Property Located 3km south of Detour s 58N high grade exploration project Most recent programs drilled in 1996, 2006, 2010 &

9 2017 Drill program 9

10 Lipton property looking North 10

11 2017 Phase One Lipton Exploration Program 1833m drilling 12 hole program IP Program Drilling highlights from 2017: Hole 1: 9.4gpt/6.58m 11

12 Lipton 2017 Results: Holes 1-7 Drillhole From (m) Depth To (m) Interval Length (m) Au Grade (g/t) AUL And including And AUL And And And AUL And AUL AUL AUL AUL And

13 The Core Comparison: 58N vs Lipton 58-N project* Lipton Hole 1 * Recently Discovered High Grade Au Mineralization in the Detour Lake Area: Implications for Exploration and Significant Gold Endowment in the Northern Abitibi Region. Malcolm et al

14 Detour s 58N vs Lipton 58N Characteristics Located in under explored volcanics south of Detour Hosted by feldspar porphyry High grade gold Significant interval lengths Sulphides and quartz veins proximal Over 109,000m drilled and plan to spend >$50M on next phases Lipton Characteristics Located in under explored volcanics south of Detour Hosted by feldspar porphyry High grade gold Significant interval lengths Sulphides and quartz veins proximal We have drilled our first 1,850m and planning our next campaign now 14

15 Introduction - Mikwam Property 105 km north-east of Cochrane Accessible by timber roads & helicopter Surrounded by Detour s Burntbush Project NI Inferred Resource with room to grow 15

16 Mikwam Property NI Inferred Resource: 136,000 oz Completely surrounded by Detour Gold staking program (2016) Resource Quantity Grade Au Contained Au Category (Tonnes) 1 (g/t) (Ounces) 2 Inferred 1,810, ,000 Reported cut-off grade of 1.00 g/t Au. Mineral resources are not mineral reserves and do not have demonstrated economic viability. 1) Tonnes have been rounded to the nearest 10,000. Grade has been rounded to two (2) significant digits. 2) Rounded to the nearest 1,000. Aurelius engaged Caracle Creek International Consulting Inc. to prepare a National Instrument technical report entitled Independent Technical Report Mikwam Gold Property Noseworthy Township, Ontario, Canada, dated December 8, 2016 (the Report ). The report is available under Aurelius profile at 16

17 Mikwam Property Why? Detour Gold says: Important opportunity for organic growth favourable geological settings exploration has been minimal due to limited access, overburden and lack of outcrop 17

18 Traditional Land Owners Duty to Consult is required with each of the indigenous groups with traditional rights to the land discussions are underway. Lipton - Moose Cree - Wahgoshig Mikwam - Wahgoshig 18

19 Management & Directors Mark NJ Ashcroft, P.Eng President & CEO, Director Randy Turner, P.Geo Chairman of the Board Michael Gunning, P.Geo, PhD Director Garett Macdonald, P.Eng, MBA - Director Donald McInnes Director Jeremy Niemi, P. Geo Vice President, Exploration 19

20 Capital Structure Shares O/S: 50,830,084 Warrants: 13,000,000 July 18) 5,240,000 Mar-May 19) Options: 4,835,600 Fully Diluted Shares O/S: 71,005,684 Working Nov 1, 17 ~$400k 20

21 For further information please contact: TSX.V AUL Telephone: +1 (604) Mark NJ Ashcroft, President & CEO

22 APPENDIX

23 Regional Land Claim Map Aurelius is second largest holder in the Lower Detour and Burntbush camps Over 12,500 Ha of claims Includes only gold resource in Burntbush camp Accessible by road from Cochrane 23

24 Lipton Option Agreement Terms Make the aggregate cash payments of $1,000,000 (the "Total Purchase Price ") to the Optionor as follows: Upfront Payment: $10,000 (paid); then, 1 st Anniversary: $20,000; 2 nd Anniversary: $20,000; 3 rd Anniversary: $20,000; 4 th Anniversary: $30,000; 5 th Anniversary: $100,000; 6 th Anniversary: $100,000; 7 th Anniversary: $100,000; 8 th Anniversary: $100,000; 9 th Anniversary: $200,000; 10 th Anniversary: $300,000; and 2% NSR, half of which may be purchased for $2.5mm 24

25 Introduction Lipton Property 150 km north-east of Cochrane Accessible by road, trail and helicopter 11,593 Hectares in 57 Claim Blocks 1,993 Ha in Original 13 Claim Blocks under option from former VP- Ex, Westmin 9,600 Ha in 44 Claim Blocks staked in 2016, 100% Aurelius 25

26 Lipton Magnetics 26

27 Lipton Exploration Land Position 11,593 Hectares in 57 Claim Blocks 1,993 Ha in Original 13 Claim Blocks under option 9,600 Ha in 44 Claim Blocks staked in 2016, 100% Aurelius Contiguous to Detour Gold 27

28 3D Image of Lipton with Detour 58N 58N Zone Lipton > 1gpt 28

29 What is Detour Gold s 58N? A high grade discovery 58N is a significant discovery by Detour Gold on the Lower Detour Deformation Zone ( LDDZ ) Over 70,000m of drilling has been completed Recently announced a $30-$50mm underground exploration program Significant high grade results have been discovered: gpt/10.0 m gpt/6.0 m gpt/22.0 m gpt/22.0 m 29

30 Detour Gold 58N: a high grade discovery (/2) 58N is a significant discovery by Detour Gold on the Lower Detour Deformation Zone ( LDDZ ) Over 70,000m of drilling has been completed Significant high grade results have been discovered: gpt/4.0 m gpt/5.0 m gpt/4.0 m 9.52 gpt/4.0 m 30

31 Detour Gold 58N: a high grade discovery (/3) 58N is a significant discovery by Detour Gold on the Lower Detour Deformation Zone ( LDDZ ) Over 70,000m of drilling has been completed Significant high grade results have been discovered: gpt/13.0 m gpt/4.1 m 7.87 gpt/4.0 m 7.14 gpt/5.0 m 31

32 Mikwam Option Agreement Terms Issued two million common shares and paid $25,000 in cash to ALX on closing; 1 st Anniversary: Pay $50,000 in cash or, at the company's election, issue 500,000 common shares to ALX; 2 nd Anniversary: Pay $75,000 in cash or, at the company's election, issue 750,000 common shares to ALX; 3 rd Anniversary: Pay $100,000 in cash or, at the company's election, issue 750,000 common; and Grant ALX a 0.5-per-cent NSR on closing, of which may be purchased any time for $1-million. 32

33 Mikwam Property Under Explored Trend 33

34 Mikwam 3D Image of Drilling 34

35 Management Mark NJ Ashcroft, P.Eng President & CEO, Director Mark has been involved in various capacities in the global mining industry and the North American and European debt and equity markets since Mark served as President and Chief Executive Officer and a Director of Stonegate Agricom Ltd. from August 2008 to September 2014 and, Executive Vice President, Corporate Development of Canada Lithium Corp. from September 2009 to April From 2007 to 2008, Mark worked at Versant Partners, where he was responsible for successfully developing a mining finance business for that firm in sales, trading and corporate finance. Prior to joining Versant Partners, Mark had been employed since 2003 with Toll Cross Securities Inc., a boutique institutional firm in Toronto where he became Managing Director and Head of Investment Banking. From 2001 to 2003, Mark was a member of the Mining and Metals Team at Standard Bank s New York office where he was responsible for providing metals trading and project financing solutions to mid-tier developers and producers in Canada and Latin America. From 1999 to 2000, he was a member of the Mining and Metals Team of Barclays Capital, a leading provider of project finance to the mining industry. From 1996 to 1998, he worked in Mines Technical Services at Inco Limited s Ontario Division, where he qualified as a Professional Engineer in Ontario. From 1990 to 1996, through his undergraduate studies, Mark worked in various operating roles in North and South America and Australia. Mark holds his Bachelor of Engineering (Mining) from Laurentian University and a Master s of Science (Finance, Regulation and Risk Management) from the ISMA Centre of the University of Reading. Jeremy Niemi, P. Geo Director, Exploration Jeremy is a geologist with 20 years experience in the mining/resource industry, both at corporate and operational levels. Mr. Niemi is currently the Vice President, Exploration for GoldQuest Corporation. Prior to joining GoldQuest which he served as Vice President, Geology with Noront Resources and before joining Noront he was Manager, Technical Services, for Kinross Gold Corporation. He started his career with Inco Technical Services Ltd. in 1996, working on the Victor Deep project in the Sudbury basin. Mr. Niemi is a technical advisor of Gowest Gold (TSX.V GWA). Mr. Niemi is a member of the Association of Professional Geoscientists of Ontario and holds a BSc Honours degree in Earth Sciences from Laurentian University. 35

36 Directors Randy Turner, P.Geo Chairman of the Board Mr. Turner is a professional geologist with over 40 years of experience in Canadian and International mineral exploration, business and finance. Mr. Turner is currently the President & CEO of Independence Gold. Mr. Turner spent 20 years with Esso Minerals Canada and AGIP Mining Ltd. exploring for uranium, gold and base metals. As President of Trimin Resources Ltd. he was involved in the development and sale of the McIlvenna Bay copper/zinc deposit in Saskatchewan. Mr. Turner's notable career achievements include guiding Winspear Diamonds Inc. from the discovery of the Snap Lake diamond deposit in northern Canada through to its sale to De Beers Mining for $305 million. In 2011, as President of Silver Quest Resources Ltd., Mr. Turner was involved in the acquisition by New Gold Inc. of the Capoose and Blackwater Projects for $180 million. Michael Gunning, P.Geo, PhD Director Dr. Gunning has more than 25 years of diverse and valuable experience in mineral exploration and geological research, and is widely recognized for his expertise in the uranium sector. He is currently the President and CEO of Renntiger Resources Limited, a copper and gold explorer active in Nevada. Most recently, Mr. Gunning was Executive Chairman of ALX Uranium Corp., a uranium and mineral exploration company focused on the Athabasca Basin in Saskatchewan, Canada, home to some of the world s largest and richest high-grade uranium deposits. Prior to ALX Uranium, he was Executive Chairman at Alpha Minerals, the target of a supported takeover and consolidation of the Patterson Lake discovery in Saskatchewan. Prior to Alpha, he was CEO of Hathor Exploration, a Vancouver-based junior uranium explorer, where he executed successive resource and PEA milestones for Hathor s Roughrider uranium deposit discovery, and he guided Hathor through a hostile M&A competition to an eventual $654 million acquisition by Rio Tinto, one of the top ten deals in 2011 in the global mining sector. He has a Ph.D. in mineral deposits and volcanology from the University of Western Ontario, and is a past President of the Saskatchewan Geological Society and the Society of Economic Geologists Student Chapter. Garett Macdonald, P.Eng, MBA Director Mr. Macdonald is a mining engineer with 20 years of industry experience including an extensive background in project development and mine operations. He has been involved with several public companies as an officer & director and has managed large technical programs through concept, feasibility and into construction. After roles in mine operations and engineering with senior Canadian mining firms Placer Dome and Suncor Energy, Mr. Macdonald served as the Vice President of Operations for Rainy River Resources prior to the sale of Rainy River to New Gold in Mr. Macdonald is currently the Vice President of Project Development for JDS Energy & Mining and a director of Gungnir Resources. Donald McInnes Director Mr. McInnes has over 20 years experience in the mineral exploration industry. Since 1993, Mr. McInnes has been the founder, president and a director of a number of publicly traded mineral exploration companies. Mr. McInnes was a former director of Fronteer Gold (2001 to 2011) and is currently chairman of the board, and a director, of Blackstone Ventures Inc., an exploration and development stage company focused on Scandinavian exploration. He was also the founder of Kutcho Copper Corp. (formerly Western Keltic Mines Inc.) and was the founder, Vice Chair and CEO of Plutonic Power Corporation, a renewable power development company with a broad portfolio of clean energy projects. He is currently Executive Vice Chairman of Alterra Power Corp. Mr. McInnes is a director of the Independent Power Producers Association of British Columbia, a Governor of the Business Council of British Columbia and is a past President and Director of the Association for Mineral Exploration British Columbia and a past director of the Prospectors and Developers Association of Canada. 36

37 For further information please contact: TSX.V AUL Telephone: +1 (604) Mark NJ Ashcroft, President & CEO