Natan Resources - Corporate Presentation

17
HIGH GRADE GOLD IN QUEBEC January 2017 TSX.V: NRL.V NATANRESOURCES.CA

Transcript of Natan Resources - Corporate Presentation

Page 1: Natan Resources - Corporate Presentation

HIGH GRADE GOLD IN QUEBECJanuary 2017

TSX.V: NRL.VNATANRESOURCES.CA

Page 2: Natan Resources - Corporate Presentation

• This presentation may contain forward-looking statements which involve known and unknown risks, uncertainties andother factors which may cause the actual results, performance, or achievements of to be materially different from anyfuture results, performance or achievements expressed or implied by such forward-looking statements. Forward lookingstatements may include statements regarding exploration results and budgets, resource estimates, work programs,strategic plans, market price of industrial minerals or other statements that are not statements of fact. Although thecompany believes the expectations reflected in such forward-looking statements are reasonable, it can give noassurance that such expectations will prove to have been correct. Various factors that may affect future results include,but are not limited to, fluctuations in market prices of minerals, foreign currency exchange fluctuations, risks relating toexploration, including resource estimation financing, political and regulatory risks, and other risks described inmanagement discussions and analyses as filed on SEDAR. Accordingly, undue reliance should not be placed onforward-looking statements.

• Information contained in this presentation is subject to all regulatory and TSX Venture Exchange approvals.

• NB: The mineral descriptions and grades cited within are presented only in a historical context and usehistorical terminology which does not conform to current standards and, as such, should not be relied upon.Although the historical data is believed to be based on reasonable assumptions, such data was generated priorto the implementation of National Instrument 43-101 ("NI 43-101"). These historical descriptions do not meetcurrent standards as set forth under NI 43-101 and therefore should not be relied upon.

FORWARD-LOOKING STATEMENT

NATANRESOURCES.CATSX.V: NRL.V

Page 3: Natan Resources - Corporate Presentation

Symbol TSXV: NRL

Shares Outstanding 40,000,034

Market Cap (11/01/17) $8,008,007

Cash (& Cash Equivalents) ~4M

52-week High $0.38

52-week Low $0.05

Options (all priced at $0.20) 1,875,000

Warrants (most priced at $0.30) 11,156,057

Fully Diluted 53,071,091

• Steve Roebuck, P.Geo, President & CEO

• David Hladky, P.Geo., VP Exploration

• Rukie Liyanage, CPA-CA CFO

BOARD OF DIRECTORSMANAGEMENT

CAPITAL STRUCTURE

• Steve Roebuck, P.Geo, Director

• David Hladky, P.Geo, Director

• Brendan Purdy, LLB Director

• Mike Blady, P.Geo, Director

NATANRESOURCES.CATSX.V: NRL.V

Page 4: Natan Resources - Corporate Presentation

• Right to earn 100% of the project

• Numerous historic multi-ounce gold assays collected from two parallel veins that are open at depth and along strike

• Project has not been explored for gold since 1973

• Located in the Abitibi Greenstone Belt – which has produced over 180 M oz Au

• Located 35 km north of the currently producing Bachelor Lake gold mine with paved Route 113 & power grid

within 5 km of the property

• The Province of Quebec is ranked 8th worldwide by the Fraser Institute for mining investment attractiveness

• Aggressive exploration program to commence in spring 2017 – spending $2.2 M

Natan Resources is focused on the exploration and development of its Montalembert property, a high-grade gold

project, located within Quebec’s prolific Abitibi Greenstone Belt.

HIGHLIGHTS:

SUMMARY

NATANRESOURCES.CATSX.V: NRL.V

Page 5: Natan Resources - Corporate Presentation

• News Release January 20, 2017

• Channel Sample ID # 11069

• Galena Vein

• Sample taken October, 2016

• 438.23 gpt Au = 14 OPT Au

• 145.2 gpt Ag = 4.6 OPT Ag

• Property has not been explored for gold since in 1973

MONTALEMBERT PROPERTY – HIGH GRADE GOLD

NATANRESOURCES.CATSX.V: NRL.V

Page 6: Natan Resources - Corporate Presentation

• Mining friendly Province of Quebec

• Prolific Abitibi Greenstone belt

• Located 125 km due west of Chibougamau

• Abundant exploration and mining infrastructure in nearby population centres of Val d’Or & Chibougamau

MONTALEMBERT PROPERTY LOCATION

NATANRESOURCES.CATSX.V: NRL.V

Page 7: Natan Resources - Corporate Presentation

• 7256 hectare project – ~15km by ~5km

• Paved Route113 passes within 5 km of the property

• Year round access to project

• Abundant exploration and mining infrastructure in nearby population centres of Val d’Or & Chibougamau

• Location will benefit access and help lower exploration costs

MONTALEMBERT – PROPERTY LOCATION

NATANRESOURCES.CATSX.V: NRL.V

Page 8: Natan Resources - Corporate Presentation

• 1949 – Discovery of the Galena, No. 1, No. 2 and Rabbit veins by N.A. Timmins (1938) Inc.

• 1950 – N.A. Timmins (1938) Inc. drills 31 holes, 30 of them over gold showings. Over 200 logged occurrences of veining and mineralization; only 10 samples reported – results unknown.

• 1974 – Rochelom Mines conducts a bulk sample on Galena vein – last gold exploration

• 1980-1985 – Falconbridge discovers 2 new gold bearing veins, ~1.4 kms north of the Galena and No. 2 veins, the Veine Neuve and Veine du Lac.

• 1986-1990 – 3 holes drilled, and Orimex conducts further geological and geophysical surveys.

• 1996 – Antoro Resources (merged with Orimex), adds claims to the property and carries out further geophysical and geochemical surveys. 11 holes were drilled outside of the area of the gold-bearing veins, one intersects 20% sulphides and reported visible gold – assays inconclusive.

• 2015 – Globex acquires the property and conducts a stripping and sampling program of the Galena and No. 2 veins.

MONTALEMBERT PROPERTY HISTORY

NATANRESOURCES.CATSX.V: NRL.V

Page 9: Natan Resources - Corporate Presentation

GALENA VEIN

• Occurs 300 feet (~100m) west of No. 2 Vein.*

• Initial discovery assays up to 5.03 oz/t Gold over 1.3 feet (0.4 meters). Additional assays include 3.69 oz/t Gold over 0.3 m, 2.4 oz/t Gold over 0.79 m and 1.28 oz/t Gold over 0.79 m **

• 80 grabs averaged 29.0 g/t Gold (0.93 oz/t) over length of 123.0 m and with of 0.65 m ***

• Bulk Sample averaged 11.51 g/t Gold (0.37 oz/t) over length of 108.2 m and width of 0.65 m ***

• 2015 sampling of up to 33.5 g/t Gold ****

• Presently stripped and exposed over a length of 183 m and a width of 3 to 5m

MONTALEMBERT PROPERTY HISTORY

* Smith, L.G. 1949: Letter to Deputy Minister, Summary of 1949 exploration program. N.A. Timmins Exploration (Ontario) Ltd. GM 00911

** Weber, W.W., 1951. Letter summarizing exploration program 1951, Waswanipi group. N.A. Timmins (1938) Ltd. GM 01351

*** Veilleux, C.A. 1974, Sampling program, Montalembert township, Abitibi-East, for Rochelom Mines Ltd., GM 30084

**** Globex Mining Enterprises Inc., September 9, 2015. Press Release.

NATANRESOURCES.CATSX.V: NRL.V

Page 10: Natan Resources - Corporate Presentation

MONTALEMBERT PROPERTY – GALENA VEIN

NATANRESOURCES.CATSX.V: NRL.V

Page 11: Natan Resources - Corporate Presentation

• Bulk sample done on Galena Vein by Rochelom Mines in 1973

• Bulk Sample averaged 11.51 g/t Gold (0.37 oz/t) over length of 108.2 m and width of 0.65 m *

• *Veilleux, C.A. 1974, Sampling program, Montalembert township, Abitibi-East, for Rochelom Mines Ltd., GM 30084

Based on historical map circa 1973 – non NI 43-101 compliant – should not be relied upon

HISTORICAL VEIN ASSAYS

NATANRESOURCES.CATSX.V: NRL.V

Page 12: Natan Resources - Corporate Presentation

• Vein structures stripped, mapped and channel sampled

• Channel sample ID# 11059 assayed on Galena Vein (see right)

• 119.94 gpt Au

• 14.5 gpt Ag

AUTMUN 2016 EXPLORATION

NATANRESOURCES.CATSX.V: NRL.V

Page 13: Natan Resources - Corporate Presentation

Montalembert exploration budget: $2.2 M

• Data Compilation - ongoing

• Geophysics• Airborne – High res mag entire property

• Ground – IP around known vein sets

• Continue the vein stripping – mapping structure

and mineralization• Expose veins to the north & south

• Look for parallel veins

• More channel sampling

• Prospecting our +7256 Ha property

• Define drill targets

• Start drilling by Q3 2017

2017 EXPLORATION PROGRAM

NATANRESOURCES.CATSX.V: NRL.V

Page 14: Natan Resources - Corporate Presentation

• Numerous pegmatite intrusions, which are responsible for the lithium mineralization at Whabouchi, occur across the Duval Property

• Whabouchi boasts the 2nd richest and largest deposit in the world with 27.3 MT Proven and Probable Reserves at an average grade of 1.53% Li2O, for an expected mine life of 26 years with a 2.4 year pay back period.

• The 2459 ha. Duval Property lies adjacent to and directly on trend with the Whabouchi Lithium Deposit.

• Low production costs: After tax NPV of $1.2B (8% discount) and after tax IRR of 30.3%

DUVAL LITHIUM PROPERTY

NATANRESOURCES.CATSX.V: NRL.V

Page 15: Natan Resources - Corporate Presentation

DAVID HLADKY, P.Geo.VP Exploration & Director

Mr. Hladky is a registered professional geoscientist with over 18 years of hands-on internationalexploration experience. His positions have included Sr. Geologist and Project Manager for projects in the YukonTerritory, British Columbia, Argentina and Peru and most recently he was a Project Manager and QualifiedPerson on the Morelos Sur and El Barqueno Projects in Mexico, where Cayden Resources was purchased byAgnico Eagle Mines. Mr. Hladky also spent several years working for Great Panther Silver in the exploration of itsGuanajuato mine and Km 66 project, both also in Mexico.

STEVE ROEBUCK, P.Geo.President, CEO & DirectorMr. Roebuck is a registered professional geoscientist with over 25 years of international mining and explorationexperience. Most recently Steve was the President of Scorpio Gold Corp., a 40,000-ounce-per-year gold producerwith assets in Nevada, responsible for corporate matters that included investor relations and businessdevelopment. Steve has been the Vice President of Exploration for two publicly listed companies with interests ingold, diamonds, iron ore and base metals. Early in his career Steve mined and explored for gold in Val d’Or andDesmaraisville, Quebec at the Sigma and Bachelor Lake Mines and the plus 8 million ounce Giant Mine inYellowknife, NT while working for Royal Oak Mines, Aur Resources and Placer Dome.

BOARD OF DIRECTORS & MANAGEMENT

NATANRESOURCES.CATSX.V: NRL.V

Page 16: Natan Resources - Corporate Presentation

BRENDAN PURDYDirectorMr. Purdy, JD, is a practicing securities lawyer focused on technology and resource issuers. In his privatepractice, he has developed extensive experience with respect to public companies, capital markets, reversetakeovers and other facets fundamental to the natural resources sector. Prior to receiving his JD from thecommon-law section at the University of Ottawa, Mr. Purdy completed a bachelor of management andorganizational studies degree from the University of Western Ontario, majoring in finance and administration.

MIKE BLADYDirectorMr. Blady has a B.Sc. from Simon Fraser University and has been an independent businessman since 2006. He isthe principal of Ridgeline Exploration, a grass roots exploration services company based out of Vancouver BC.He has been involved in senior management of numerous public companies since 2009 and has acted as ageological consultant and adviser to various public companies providing corporate development services. Mr.Blady's senior management experience with resource companies gives him an appreciation of the best industrypractices with respect to financial risk control and disclosure.

BOARD OF DIRECTORS & MANAGEMENT

NATANRESOURCES.CATSX.V: NRL.V

Page 17: Natan Resources - Corporate Presentation

Natan Resources Ltd.

Steve Roebuck, PGeo

President & CEO

Head Office:

Mezzanine Level

8 Wellington St E,

Toronto, ON M5E 1C5 Canada

Telephone: (647) 496-7984

Web: www.natanresources.ca

E-mail: [email protected]