Wilding Lake Project - A New High Grade Gold...

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Wilding Lake Project - A New High Grade Gold Discovery ANTL - TSXV August 31, 2017

Transcript of Wilding Lake Project - A New High Grade Gold...

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Wilding Lake Project - A New High Grade Gold Discovery

ANTL - TSXV

August 31, 2017

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DISCLAIMER

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This document includes certain statements that constitute “forward‐looking statements” and“forward-looking information” within the meaning of applicable securities laws (collectively,“forward‐looking statements”). Forward-looking statements include statements regarding Antler GoldInc.’s (“ANTL”) intent, or the beliefs or current expectations of ANTL’s officers and directors. Suchforward-looking statements are typically identified by words such as “believe”, “anticipate”,“estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “contemplate”,“possible”, “attempts”, “seeks” and similar expressions. Forward‐looking statements may relate tofuture outlook and anticipated events or results.

By their very nature, forward‐looking statements involve numerous assumptions, inherent risks anduncertainties, both general and specific, and the risk that predictions and other forward‐lookingstatements will not prove to be accurate. Do not unduly rely on forward‐looking statements, as anumber of important factors, many of which are beyond ANTL’s control, could cause actual results todiffer materially from the estimates and intentions expressed in such forward‐looking statements.

Forward‐looking statements speak only as of the date those statements are made. Except as requiredby applicable law, ANTL does not assume any obligation to update, or to publicly announce theresults of any change to, any forward‐looking statement contained herein to reflect actual results,future events or developments, changes in assumptions or changes in other factors affecting theforward‐looking statements.

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ANTLER GOLD: SHARE STRUCTURE, CASH ON HAND

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Share Structure:Issued and outstandingBrokers warrantsIncentive optionsFully diluted

Insider ownership:Dan WhittakerWade DaweAltiusOther insiders

Cash available August 31, 2017

54.1%14.2%15.8%19.9%

4.2%

$2,500,000

Board and management strongly committed to minimizing shareholder dilution

41,217,816389,385

1,387,50042,994,701

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ANTLER GOLD: DIRECTORS, FOUNDERS AND MANAGEMENT

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Dan Whittaker, MBA, CFA; President and CEO. Dan has held senior positions in the mineral industry for the last 20 years. Most recently, he was a founder of GoGold Resources Inc. and Ucore Rare Metals Inc.. Mr. Whittaker holds an MBA from the Ivey School of Business and is a CFA.

Howard Bird, BSc. (Honours), P. Geo; VP, Exploration. Howard has over 15 years at the executive management level. He was SVP of Exploration and Geology at Brigus Gold Corp., and led the discovery of three new gold deposits at the Grey Fox Project.

Howard was also the SVP of Global Exploration for SouthernEra Resources Ltd., and the Senior Project Geologist for Noranda.

Wade Dawe, Founder and Strategic Advisor. Wade is an accomplished entrepreneur, financier and investor. He is currently Chairman of Pivot Technology Solutions Inc. (TSX) , and as Chairman & CEO of Fortune Bay Corp., (TSX-V). He was President and

CEO of Brigus Gold Corp. which was acquired by Primero Mining Corp. in 2014 in an all share deal valued at $351 million.

Rob Randall, CFO. Rob has served as a contract CFO and has extensive public company financial experience. He serves as CFO ofTorrent Capital Ltd., Stockport Exploration and Canabo Medical Inc.. Rob was the Corporate Controller of Etruscan Resources Inc. from 1997 to 2011 overseeing the financial operations for all aspects of its exploration and production activities.

Paul Sparkes, Director. Paul is an accomplished business leader with over twenty five years' experience in media, finance, capital markets and politics. He is currently President of Otterbury Holdings Inc., a corporation advising growth entities in private and public markets. He was also Executive Vice Chair, Director and co-founder of Difference Capital Financial, a TSX-listed specialty finance company that invests in media, technology, health care and U.S. real estate.

Jim Megann, Director. Jim is currently President and CEO of Stockport Exploration, a TSXV listed company. He has also served as Managing Director of Numus Financial, a venture capital firm focused on early stage, high growth companies. Jim is also a director of Torrent Capital Ltd., a TSX listed company.

Carl Hansen, Director. Carl is is a geologist with over 25 years of experience in the exploration and mining industry. He has been the CEO of Atacama Pacific Gold Corporation since 2011 and was the co-founder and CEO of Andina Minerals, Inc. from 2004 through 2009. Mr. Hansen has held senior positions with TVX Gold Inc., Kinross Gold Corp., and Inco Limited.

Dave Evans, Exploration Manager. Dave managed Altius' exploration program on the Wilding Lake Project from 2016. He is a native of Newfoundland and holds a BSc in Geology. He has over 30 years experience working extensively with gold and base metals deposits in Newfoundland, for both public companies and the Newfoundland Department of Natural Resources.

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WILDING LAKE PROJECT – KEY POINTS

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Antler Gold (ANTL) in May 2017 acquired a 100% interest in the Wilding Project, a 859 claim, 215km2 project covering50km of prospective Cape Ray/Marathon trend from Altius Resources for Antler shares and a 2% royalty. We acquireda second option from Altius for a further six projects along the trend to add 1,678 claims, 420km2 and 98km ofpotential strike. Both option agreements have been closed and Altius currently holds a 19.94% equity interest inAntler.

The Wilding block is located adjacent to Marathon Gold Corporation’s Valentine Lake project with reported 1.4 millionoz. (M&I) at 1.91 g/t Au and 766,500 oz. (Inferred) at 2.24 g/t Au, who continues to report excellent new drill results.Our Cape Ray block (one of the second option agreement properties) is along strike from the Benton/Nordmin CapeRay deposit with 367,000 oz. (Indicated) and 158,000 oz. (Inferred).

ANTL discovered six significant new bedrock gold occurrences on the Wilding block in late fall 2016 by prospectingalong recent logging roads and discovered two new mineralized zones in August 2017 following up on gold in soilsample anomalies. No systematic historical exploration performed before ANTL. Approximately 3km of total 148kmprospective strike extent explored to date.

The new Wilding gold occurrences demonstrate a strong gold system producing high grade and significant widths thatinclude:

▪ Alder Zone: 6.0g/t over 8.5m, 8.7g/t over 6.7m and 49.3g/t over 4.6m▪ Taz Zone: 28.8g/t over 1.0m, 12.2g/t over 0.9m and 14.6g/t over 0.65m▪ Elm Zone: 101.5g/t over 0.5m, 93.1g/t over 1.3m, 37.5g/t over 0.9m and 18.0g/t over 1.2m▪ Red Ochre Zones (Aug 2017 Discovery): Discovery Trench Grab Samples 24.0 g/t, 14.3 g/t, 15.2 g/t, 1.9 g/t

and 27 ppb▪ Raven Zone (Aug 2017 Discovery): Assays pending

The 2017 exploration program is systematically exploring the entire Wilding block with the goal of generating multipletargets for a Fall 2017 drill program. In addition to the zones above, we have generated a number of additionalpotential gold targets for follow-up from a combination of recent ground mag and IP geophysical data, regional heli-airborne mag geophysical data, positive gold-in-till sample geochemical data, as well as positive gold assay in soilsample survey.

The summer program is underway and consists of detailed and regional soil sampling, prospecting and mapping,mechanical trenching and rock sampling. Antler’s field exploration team consists of six geologists and two prospectors.Over 4,000 soils taken thus far since June 1. Trenching commenced August 15 with the new discovery of the RedOchre and Raven mineralized zones and saw-cut channel sampling has started. Crews will move to Noel Paul blockafter Wilding.

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ANTLER TOTAL LAND HOLDINGS

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WILDING LAKE PROJECT – Project Location: Central Newfoundland

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N

Antler Mineral ClaimsWilding and Noel Paul Blocks

(859 claims, 215km2)

Claims Cover the Regional Valentine Lake/Alder Prospective

Gold Structural Trend

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WILDING LAKE - GEOLOGY

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The Wilding Lake Project is underlain by Cambrian to Ordovician age volcanic and sedimentary rocks of the Tally Pond and Red Cross Lake groups and Silurian age sedimentary rocks of the Rogerson Lake Conglomerate. The rocks underlying the Wilding Lake project are equivalent to those underlying portions of the Valentine Lake Gold deposits, located 15-30 km to the west-southwest.

Wilding Lake Valentine Lake

Host Rocks Rogerson Lake Conglomerate Valentine Lake Intrusive Complex

Vein Style Shear related, shear and tension gash Shear related, shear and tension gash

Structure Secondary thrust faults, NW verging Major thrust zone, NE verging

Mineralization Quartz-Tourmaline-Calcopyrite-free gold Quartz-Tourmaline-pyrite-free gold

Marathon Gold Corp. - Valentine Lake Gold Camp Total NI43-101Compliant Resources (Feb 2017)

- Leprechaun, Sprite, Victory & Marathon Deposits -

M&I 1,400,000oz @ 1.91 g/t Inferred 766,500oz @ 2.24g/t

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WILDING LAKE – NEW OCCURRENCES 2016 & 2 NEW DISCOVERIES IN AUG 2017

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New gold occurrences have been discovered along the Thrust Fault zone over 2-3km, focused along the eastern margin of the Rogerson Lake Conglomerate. The remainder of the 50km trend has seen essentially no historical gold exploration to date.

Channel Sample Assays Include:Alder Zone: 6.0g/t @ 8.5m, 8.7g/t @ 6.7m ,and 49.3g/t @ 4.6mTaz Zone: 28.8g/t @ 1.0m, 12.2g/t @ 0.9m ,and 14.6g/t @ 0.65mElm Zone: 101.5g/t @ 0.5m, 93.1g/t @ 1.3m, 37.5g/t @ 0.9m and 18.0g/t @ 1.2mDogberry Zone: 46.5g/t @ 0.6m and 10.95g/t @ 0.45mCedar Zone: 5.9g/t @ 0.5m and 1.0g/t @ 1.2m

Red Ochre Zones (New Discovery Aug 2017)Discovery Trench Assays:• Two initial rock grab samples yielded

gold values of 24.0 g/t and 14.3 g/t, and• Three further rock grab samples

returned gold values of 15.2 g/t, 1.9 g/t and 27 ppb

Raven Zone (New Discovery Aug 2017)• Assays Pending

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WILDING LAKE – CHANNEL RESULTS FROM ALDER-TAZ ZONE

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Alder Quartz Boulder Float Up to 28.8gpt Gold

Discovery Quartz Boulder Float Up to 74.88gpt Gold

Alder Extension

Taz Trench Assays Include:1.0m @28.8g/t0.9m @ 12.2g/t

0.65m @ 14.6g/t

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WILDING LAKE – ALDER TRENCH

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WILDING LAKE – TAZ TRENCH CHANNEL RESULTS

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Photo of Taz trench

Trench proved difficult to open up because of thick till, running

water and slumping

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WILDING LAKE – ELM ZONE HIGH GRADE CHANNEL RESULTS

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100 metres SW of the main Cedar trench, a single, heavily mineralized, locally hematitic, laminated quartz vein was exposed over a distance of approximately 60 metres and remains open in both directions. The vein generally strikes 060-070, dips 45-55°, and attains a width of up to 2.0 metres. Free course gold is common.

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WILDING LAKE – ELM ZONE TRENCH

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Elm Vein up to 2.0m wide

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2017 SUMMER PROGRAM: Gold-In-Soil Sample Results (Aug 30th)

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WILDING LAKE – Red Ochre Area Zones (New Discovery Aug 2017)• Red Ochre area mineralized zones located approx. 900 metres SW of Alder Zone.• Brittle fracture style quartz veins and quartz stockworks hosted by felsic volcanic rock.• Sulphide mineralization predominantly disseminated and fracture fill pyrite stringers.• Similar quartz veining and mineralization discovered in trenches located approx. 30m and 60m

to the southeast from the discovery trench, and 75m to the southwest of the discovery trench.• Discovery trench mineralization currently being saw-cut channel sampled.

The till depth within the Red Ochre area is quite deep in places and further work in this general area is required before anyconclusions can be made regarding continuity of mineralization, orientation, potential strike length and width, and gold grade.

10 Metres (Open in all Directions

LOOKING SE

Discovery Trench

Discovery Trench Assays:• Two initial rock grab samples yielded gold

values of 24.0 g/t and 14.3 g/t, and• Three further rock grab samples returned

gold values of 15.2 g/t, 1.9 g/t and 27 ppb

LOOKING NE

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WILDING LAKE – Red Ochre Area Zones (New Discovery Aug 2017)

LOOKING SE

• 75m to the southwest of the Red Ochre area discovery trench, a single trench uncovered additional quartz veining and mineralization in felsic volcanic rock.

• This trench exposed mineralization over an interpreted northwest strike length of approximately 20m (zone remains open in both directions) and over an approximate 5m width.

• Mineralized zone currently being saw-cut channel sampled. • Three grab samples from a mineralized quartz vein yielded gold values of 0.50, 1.1 and 3.3 g/t. • A fourth sample collected from the pyritic felsic volcanic wall rock assayed 0.31 g/t gold.

Mineralized Zone Trench 75m SW of

Red Ochre Area Discovery Trench

LOOKING NW

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WILDING LAKE – Raven Mineralized Zone (New Discovery Aug 2017)

LOOKING NE

• New Raven Mineralized Zone is located approximately 400m to the northeast of the Red Ochre Zone area.

• Trenching exposed a minimum 3.0m wide shear zone with significant quartz veining with pyrite, chalcopyrite and malachite mineralization hosted within the Rogerson Lake conglomerate.

• Rock Assays Pending

Shear zone with quartz veins.Mineralization: Pyrite, Chalcopyrite and Malachite

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WILDING LAKE – NOEL PAULS BLOCK JIGGER RECCE SOIL Au RESULTS

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Jigger