AUCU CORPORATE PRESENTATION inflectionresources.com … · 3. 4. 5. CSE: AUCU 3. Inflection is...
Transcript of AUCU CORPORATE PRESENTATION inflectionresources.com … · 3. 4. 5. CSE: AUCU 3. Inflection is...
CORPORATE PRESENTATIONAUGUST 2020
CSE: AUCUinflectionresources.com
Certain disclosure may constitute "forward-looking statements" within the meaning of Canadian securities legislation. In making the forward-looking statements, the Company has applied certain factors and assumptions that the Company believes are reasonable. However, the forward-looking statements are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such uncertaintiesand risks are described from time to time in the Company's filings with the appropriate securities commissions, and may include,among others, market conditions, delays in obtaining or failure to obtain required regulatory approvals or financing, fluctuating metal prices, the possibility of project cost overruns, mechanical failure, unavailability of parts and supplies, labour disturbances, interruption in transportation or utilities, adverse weather conditions, and unanticipated costs and expenses, variations in the cost of energy or materials or supplies or environmental impacts on operations. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
The scientific and technical information has been reviewed and approved by Mr. Carl Swensson (FAusIMM), Inflection’s Vice President of Exploration, and a “Qualified Person” (“QP”) as defined in National Instrument 43- 101 – Standards of Disclosure for Mineral Projects.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
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Investment Highlights TEAM▪ Highly-technical team of mine-finders with strong capital
market expertise
JURISDICTION▪ Exploring Australia’s mining-friendly, world-class Au and Au-
Cu rich districts
PROJECTS 100% OWNED▪ District scale land positions in NSW. Largest holder of
exploration licenses & applications in the Lachlan Fold Belt
DISCOVERY READY▪ Twenty large, drill-ready Au and Au-Cu targets in the
Northern Lachlan Fold Belt
SHAREHOLDER ALIGNMENT▪ Management and insiders have substantial ownership
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Inflection is comprised of a highly accomplished technical
team with an outstanding track record of discovery.
Three principal exploration initiatives in mining-friendly
jurisdictions within Australia:
NORTHERN NSW PROJECTS
Targeting large, undercover Au & Au-Cu deposits in the northern
extension of the Lachlan Fold Belt (LFB) in NSW. Inflection has
identified 20 large drill-ready targets, all 100% owned.
CARRON GOLD PROJECT
Targeting high-grade gold along strike from the historic Croydon
Goldfields in Queensland. The Company controls 30 km of untested
NW trending structures. 11 high-priority drill targets.
ARTIFICIAL INTELLIGENCE PROJECTS
Using Artificial Intelligence (AI) technology to identify new mineral
deposits in the data rich southern LFB. Follow up work by the
Company has identified a number of high priority targets.
INTRODUCTION
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Trading symbol – CSE: AUCU
57,163,184 shares outstanding
Tightly held share structure▪ Strong alignment with shareholders
▪ Management and insiders own 38.25%
Strong institutional support▪ Resource Capital Funds
▪ Sprott Inc.
▪ Plethora Private Equity
CAPITAL STRUCTURE
Warrants and options outstanding:
▪ 22,490,000 warrants - $0.30-0.40
▪ 3,990,000 options - $0.20-0.30
▪ 1,680,000 broker options and warrants - $0.25-0.40
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• 30 years of combined experience in capital markets, mining and mineral exploration / development.
• Previously served as Director, Research Analyst, Metals and Mining (Canaccord Genuity Corp.), Vice President of Research and
Institutional Sales and President and CEO of a wholly owned US subsidiary (PI Financial).
• Most recently was President and CEO of Exeter Resource Corp. which controlled the Caspiche Au – Cu deposit in Chile. Exeter
was successfully purchased by Goldcorp in June 2017.
Wendell ZerbChairman
BSc. P. Geo.
• Geologist with over 25 years of diverse mineral exploration, development and capital market experience.
• A founder and former CEO of GoldQuest Mining Corp., focused on generative exploration in the Dominican Republic.
• Previously Vice President - Greenfields Exploration for Kinross Gold Corp. with global mandate to develop new exploration ideas.
• Founder and Chairman of Headwater Gold focused on exploration in Nevada, Idaho and Oregon.
• Lived and worked in Australia, Canada, Bolivia, Venezuela, Peru, Ecuador, Chile and the Dominican Republic.
Alistair WaddellPresident, CEO & Director
BSc.(Hons.) MAusIMM
• Geologist with over 30 years of extensive global experience in mineral exploration and resource assessment.
• Former Chief Geologist of Exploration for Normandy Mining from 1989 to 2002, when company grew from $100 Million to a $4.9 Billion market
capitalisation.
• Wide-ranging, global field experience in most commodities and deposit styles for gold, base metals, lithium, uranium, diamonds, coal and graphite.
Carl SwenssonVP Exploration
BSc. FAusIMM
Tero KosonenNon-Exec. Director
MSc. (Econ.)
Cecil R. BondNon-Exec. Director
CPA, CA
Dr. Stuart SmithNon-Exec. Director
BSc. PhD
• Co-Founder and Director of Ore Capital Partners, a private equity/venture capital group investing in mineral exploration opportunities globally.
• Lived in Asia since 1994 and has over 20 years of experience in regional management roles, entrepreneurial ventures and investments in natural
resources.
• Holds a Master’s degree in Economics and has also studied law and Mandarin Chinese.
• Chartered Professional Accountant (CA) with over 20 years of global experience in the junior resource and mining industry serving
as a director or senior executive of companies listed on the TSX, TSX-V, ASX, AIM and NYSE markets.
• Former CFO of Exeter Resource Corp, until it was acquired by Goldcorp in June 2017 and VP Finance of Extorre Gold Mines Ltd.
until it was acquired by Yamana Gold.
• Geologist with 30 years global experience from project generation through to mine geology.
• Former Technical Director – Strategy and New Projects as well as Specialist – Global Copper for Teck Resources Ltd.
• Previously Chief Geologist for the Oxiana-OZ Minerals-MMG group of companies.
• From 1995-2001 worked in the heart of the Macquarie Arc including time spent working at Northparkes Mines.
• Has a detailed understanding of the geology and exploration of Macquarie Arc porphyry systems.
INFLECTION MANAGEMENT
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Major mines in belt
include:
Cadia – Ridgeway (Au-Cu)
Newcrest Mining Ltd.
Cowal(Au)
Evolution Mining
Northparkes(Cu-Au)
CMOC (China Molybdenum Co.)
WHY NSW &
THE LACHLAN
FOLD BELT?
▪ Australia’s foremost Au & Au-Cu
porphyry belt.
▪ New South Wales is
pro-mining with an exceptional
mining culture.
▪ The Macquarie Arc in the Lachlan
Fold Belt is home to several
world-class mines.
▪ Massive quantity of quality pre-
competitive geological data
compiled by government of NSW
and Geoscience Australia.
https://minview.geoscience.nsw.gov.au/
For further reading:
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- Focused on Australia’s
leading porphyry belt.
- 100% ownership.
- Highly-strategic, district-
scale position in the
Macquarie Arc.
- 549,000 ha of
Exploration Licenses and
Applications.
INFLECTION
LAND
POSITION
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INFLECTION IN NEW SOUTH WALES
▪ Large portfolio of major targets covered by 24 Exploration Licenses and applications totaling 549,000 ha in New South Wales - all 100% owned.
▪ Inflection is the biggest owner of exploration tenements and applications in the Macquarie Arc, part of the Lachlan Fold Belt.
Inflection’s NSW projects can be broadly divided into two groups:
NORTHERN NSW PROJECTS
Large undercover Au-Cu targets generated by highly
accomplished team of exploration geologists who employ high-
quality traditional targeting methodologies.
ARTIFICIAL INTELLIGENCE PROJECTS
Targets generated by expert technical team that utilizes
proprietary Artificial Intelligence software to analyze the large
NSW Geological Survey database.
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▪ Highly technical Geoscientists
and accomplished mine-finders.
▪ Multiple mine discoveries
accredited to the team.
▪ Completed comprehensive
study of geophysical, geological,
mineral occurrence and
geochemical data from the
NSW Geological Survey.
▪ Generated large portfolio of
Tier-1 drill-ready targets that
are 100% owned by the
Company.
Geologist with 30 years’ global
experience. Formally the
Exploration Manager, Global Base
Metals for BHP and has a personal
discovery record of >2 Moz gold.
Mark DugmoreMSc, MAusIMM
Dr. Darryn HedgerPhD, MAusIMM
Geologist with over 30 years’
global experience. Former Senior
Geochemist for BHP, involved in the
discovery of several gold and uranium
deposits in the Northern Territory.
Geologist with 40 years’ global
experience. Formerly Chief Scientist for
Western Mining Corp and Chief
Geologist, Business Development for
BHP. Part of discovery team for Olympic
Dam, Ernest Henry & Yandan. Member
of the Ivanhoe Kamoa discovery team.
Dr. Douglas HaynesPhD, AIG
Bob SkrzeczynskiMSc, MAusIMM
Geologist with 40 years’ global
experience. Senior manager with BHP
and led numerous exploration teams.
Managed team that discovered
Cannington.
NORTHERN NSW PROJECT –TECHNICAL TEAM
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Technical team
targeted concealed,
interpreted
extensions of the
prospective
geology under
post-mineral
sedimentary cover.
First-pass targeting
used government
regional airborne
magnetic data.
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NORTHERN NSW AIRBORNE SURVEY
Inflection flew a ~15,000 line km high
resolution magnetic survey on 100 m
spaced lines to provide considerably
higher definition for targeting.
3D Magnetic Vector Inversions (MVI)
built for enabling detailed
interpretation and construction of
geological model.
Targets to be
systematically tested
by first-pass drill
program in 2020.
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Trangie, Beleringar, Boggy, Myallmundi and Mungeribartargets.
Drill targets generated from Interpretation of all public and propriety geological and geophysical information such as airborne magnetic and gravity data.
Pronounced NW trend of apparent zoned intrusive centers identified.
Multiple new Tier-1 scale targets – all to be drill tested for the first time.
50 m spaced 1VD airborne magnetics with interpreted
sub-surface geology and proposed drill holes
NORTHERN
NSW TARGET
GENERATION
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Drill core photo (hole EM 17-01): Epidote - Bornite in hornfelsed Ordovician volcanics
Magnetisation constrained 3D model with drill hole
MACQUARIE PROJECT – NORTHERN NSW
▪ 143m deep drill hole (East Marra 17-01) drilled by Antofagasta
Minerals Plc. intersected post mineral sedimentary cover
followed by 7m of magnetic hornfels basement from 136m.
▪ Dating confirms Ordovician age of basement equivalent to
Goonumbla Volcanics (host to the Northparkes Cu-Au mine).
▪ Petrographic work confirms a mineralized biotite-magnetite
hornfels with veining containing quartz, magnetite, amphibole,
garnet, epidote and chlorite with blebs of bornite and
chalcopyrite.
▪ Bottom of hole returned weakly anomalous copper (128ppm)
and gold (49 ppb) values.
▪ Antofagasta pulled out of Australia without completing follow-
up.
▪ Porphyry target not tested. Inflection will test principal
magnetic anomaly as a priority.
MARRA
SURFACE
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NORTHERN NSW – EXCELLENT INFRASTRUCTURE
Mining-friendly
jurisdictions with
major mining
operations nearby.
Well located in terms
of infrastructure;
paved roads, airports,
power &
accommodation.
Projects located on
barren bushland or
large commercial
farms.
Cost effective
exploration – no
need for helicopters
or remote camps.
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Inflection has partnered with a technical team at the
forefront of Artificial Intelligence (AI) & machine learning.
▪ AI and machine learning reduces exploration risk by increasing the
efficiency of exploration in data rich environments such as southern
NSW.
▪ Artificial Neural Networks are used for predictive modeling.
Algorithms identify and predict hidden patterns and trends in
verified, complex and seemingly unrelated data.
▪ Process predicts the likelihood of mineralization in specific areas.
▪ A study of southern NSW generated a number of targets on license
free ground.
▪ Inflection has built portfolio of 100% owned Exploration Licenses
covering several key areas of interest.
ARTIFICIAL INTELLIGENCE PROJECT –TECHNICAL TEAM SOUTHERN NSW
Expert in probability theory and its application to data
mining and machine learning. Previously professor of
Computer Science at the University of Sussex.
Dr. Peter Williams
Former Chief Geophysicist and Director of
Exploration Technology for Newmont.
Dr. Colin Barnett
Richard K. Gorton
Former Director of New Business Opportunities and
Exploration Manager for Newmont North America.
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MACHINE LEARNING: THE PROCESS
Input: Cleansed
Geological Data
Application of
Neural Networks
Algorithms
Output: Probabilistic
Prospectivity Map
Sharply focused target map which
requires follow-up exploration.World-class NSW government compiled
geological database.
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▪ Exploring for high-grade orogenic vein and intrusion related gold systems analogous and along trend from the Croydon Goldfields.
▪ Croydon is one of Queensland’s significant gold camps with >1Moz Au production with historic average grades of 35 g/t Au* widely reported.
▪ Project generated by northern NSW technical team led by Dr. Douglas Haynes.
▪ Multiple high-grade targets over ~30 km – Never drill tested.
▪ Targets lie under shallow sedimentary cover estimated to be ~30–100 m thick
▪ Current 50% ownership.
▪ Option to earn up to 70% interest by investing AUD$1M.
▪ Pathway to earn a 100% interest.
CARRON GOLD PROJECT QUEENSLAND
18CSE: AUCU*Van Eck M, Child R 1990 - Croydon Gold deposits: in Hughes F E (Ed.), 1990 Geology of the Mineral Deposits of Australia & Papua New Guinea The AusIMM, Melbourne Mono 14, v1 pp 979-982
CARRON GOLD PROJECT
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▪ 52,200 ha exploration licenses and
applications.
▪ Interpreted, north-west concealed extension
of Croydon mineralization located under
post-mineral cover.
▪ High-grade (+1 oz/t) reefs at the Croydon
Goldfields trend in a northwesterly direction.
▪ ~30 km strike length of un-tested drill targets.
Inflection has completed
the following:
CARRON GOLD
PROJECT
Airborne magnetics RTP 1VD Greyscale with drill
targets and interpreted sub-surface geology.
Planned work program:
▪ Flew 3,855-line km of 50 m spaced airborne magnetics.
▪ Constructed a 3D geological model.
▪ Completed 3D Magnetic Vector Inversion (MVI) modelling.
▪ Defined 11 drill targets.
▪ Complete a first-pass drill program over
the highest priority targets.
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CONTACT:
Alistair WaddellPresident and CEO
CONNECT:
Inflection Resources
www.inflectionresources.com
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