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Gold and Energy
Presentation
______________
February 2017
www.matamec.com 1
Matamec
Explorations
Inc. Summary
1. Matamec: New Strategy
2. Matamec Gold
3. Matamec Energy
2 2
Matamec
Explorations
Inc.
• Matamec is a junior mining exploration company based in Quebec
• Publicly traded on the Toronto Stock Exchange (TSX-V:MAT) and the
OTCQB (QB:MHREF)
• Gold properties are held in Matamec Gold
• Allows Matamec to increase its portfolio of gold properties in geological
settings linked to deposits or in close proximity to mines in production
• Properties with key elements for technologies related to energy will be
transferred to a subsidiary, called Matamec Energy
• Exclusively dedicated to the exploration and development of industrial
mineral and metal deposits related to energy
3
Insertion carte
Matamec
Gold and Energy
Key elements for technologies
related to energy
Gold projects
4 energy properties
◦ 1 in process of acquisition
8 gold properties
◦ 6 owned by Matamec
◦ 2 in process of acquisition
4
Matamec – Management and Board of Directors
BOARD OF DIRECTORS
• André Gauthier: Matamec’s President and CEO
• Marcel Bergeron: a chartered accountant and
Matamec’s CFO
• François Biron: a mining engineer with
experience managing several mines
• David Guérette: an economist specializing in
corporate development strategy
• Pierre Leblanc: an accountant specializing in the
mining sector
• Alain Madgin: a public affairs and
communications specialist
• Normand Tamaro: a lawyer specializing in
intellectual property
MANAGEMENT TEAM
• President André Gauthier: More than 30 years’ experience in
mining exploration and project development
• Eliza Ngai: Chief Metallurgist, more than 10 years’ experience
• Al Hayden: Metallurgist with EHA Consulting with more than 40
years’ experience, including solid hydrometallurgy experience
• Sylvain Doire: Director of the Environment (more than 20 years
of experience working at the Quebec Ministry of the
Environment with knowledge of permitting processes for several
mines)
• Claude Brisson: Director of Community Relations (more than
15 years’ experience in municipal affairs and regional
development)
Special Exploration Consultants:
• Guy Desharnais: experienced geologist employed by SGS
Canada Inc.
• Stéphane Dupuis: Consulting economist with more than 20
years’ experience in strategy
5
Stev
e L
abra
nch
e
Finance M.Sc. Algorithm
Modelization • Targeting and Claims
acquisition Strategist • Risk Management
adapted to exploration
• Corporate Development consulting for Globex (GMX), last 7 years
Finance MBA Business Management
• Co-chairman and Chief
Pilot of Eagle Geophysics • Advanced knowledge of
airborne geophysical systems
• Involved with Aeroquest for the ATEM development program
Ton
y P
err
on
Gu
y D
esh
arn
ais
Geologist, Ph.D. Technical Manager
• 15 years experience in exploration
and resource estimation in base and precious metals as well as strategic elements
• Brings geology, geostatistics and mining engineering together to evaluate opportunity versus risk through “High-Level Project Evaluation”
• Access to cutting edge technology: including Oculus Rift & CoreScan
• Winner of Integra Gold Rush Competition 2016
Eagle Geoscience Team SGS Geostat
6
Matamec’s New Mining Exploration Team
Matamec
Explorations
Inc. Summary
1. Matamec: New Strategy
2. Matamec Gold
3. Matamec Energy
7 7
Matamec
Gold 8 PROJECTS
7 located in close proximity and
similar geological settings as
prolific mining camps currently in
operation
1 being explored for a Cu-Au
porphyry system
8
Matamec
Explorations
Inc.
9
James Bay: Sakami & Opinaca Gold West
10
The property’s mineralization style and tectonic setting
share strong similarities with Goldcorp’s Eleonore
mine and the Cheechoo showing held by Sirios
Resources
The property covers a major tectonic contact between
two sub-provinces that is very favorable for hosting
gold deposits
Its geological setting comprises the Opinaca
sediments, the La Grande mafic volcanics, and iron
formations in association with a strong deformation
zone, notably near the tectonic contact of the La
Grande-Opinaca sub-provinces.
Sakami & Opinaca Gold West:
Similarities with Goldcorp’s Eleonore Mine
11
Mineralized horizons are sub-parallel to
the major tectonic contact, which spans
more than 20 km on the Sakami
property
Four areas explored since 2000:
Ile – JR – Peninsule – La Pointe
La Pointe zone is located in the southern
part of the property
Last exploration program: Summer 2016
Sakami: Matamec (50%) – Canada Strategic Metals (50%)
12
Oblique view (longitudinal) showing
the location of pierce points on the
northwest portion of Zone 25
Sakami: Zone 25 – Longitudinal
13
To date, the following characteristics
have been observed:
the zone is continuous along a
lateral distance of at least 250 m;
the zone extends beyond 500 m
depth down the dip of the
structures;
the mineralization remains open to
the northwest, as well as at depth,
with the best intersects along the
northern edge.
Plan map of the La Pointe area showing Zone 25
Sakami: Zone 25 – Summer 2016 Drilling Map
14
Hole # From
(m)
To
(m)
Length *
(m) Au (g/t)
PT-16-91** 165.2 208.5 43.30 2.21
Including 176.0 187.5 11.50 3.46
PT-16-92** 203.6 252.1 48.55 2.52
Including 206.9 228.0 21.05 4.94
Including 206.9 225.0 18.05 5.38
PT-16-93 252.0 279.0 27.00 1.87
Including 253.0 258.0 5.00 3.14
Including 271.0 277.0 6.00 2.69
PT-16-94 NSV
PT-16-95 NSV
PT-16-96 124.0 125.0 1.00 1.73
PT-16-97 136.0 156.5 20.50 0.55
PT-16-98 NSV
PT-16-99 66.00 69.00 3.00 1.33
78.00 81.00 3.00 1.08
91.50 93.00 1.50 1.97
124.5 127.5 3.00 1.07
169.0 170.5 1.50 2.86
* The Company estimates the true width of the mineralized zone at 70 to 95% of the core length.
Composite
section of Veins
25 and 22
illustrating
potential merging
of these zones
Sakami: Zone 25 – Composite Section
15
Sakami: RESULTS OF THE SUMMER 2016 EXPLORATION CAMPAIGN
16
The 2016 Summer Program covered 4 areas of the property, and included a drilling campaign of 9 holes totaling 2,058 m
on the La Pointe sector (PT-16-91 to PT-16-99). It also comprised a total of 210 km of geophysical survey lines in the La
Pointe, Île and JR West sectors, and a mapping and prospecting campaign in the Péninsule, Île and JR West sectors.
The results from PT-16-93 together with PT-16-91 and PT-16-92 confirm that Zone 25 increases in thickness and
grade to the northwest. This lens remains wide open in this direction and we are very keen to test the continuity of this thick
zone of gold mineralization in the next drill campaign. Note that the grade of the intervals are relatively consistent; there are
no extreme grade assays that carry very low grade intervals. The very thick intervals and their relative position suggest a
possible merging of Zone 22 and 25 in this direction.
The drilling of PT-16-96 and 97 confirms the mineralization trend to the extreme south east, and the lack of significant
assay results in the remaining drill holes testifies to the complex geology occurring at this apparent fold nose on the La Pointe
Peninsula.
The results for the Simon showing supports the presence of high-grade gold values, with channel sampling results
of up to 20.8 g/t Au over 1 metre and 17.45 g/t Au over 1 metre. It should be recalled that the Simon showing was
discovered as a result of work carried out in the summer of 2015 on the Peninsula sector, which returned 45.9 g/t Au in a chip
sample. This new gold showing is located on a geophysical anomaly where a strong magnetic low is observed, as well the
junction of multiple faults. It is also located on the contact between the LaGuiche sediments (Opinaca) and La Grande belt
volcanic and appears encased, like the Zone 25 gold zone in the La Point sector.
Sakami: MATAMEC (50%) – CSM (50%): OPTION AGREEMENT
17
On August 18, 2016, Matamec announced that Canada Strategic Metals (CSM) has acquired
its 50% undivided interest in the Sakami property, after having issued 2,000,000 shares to the
Company and having spent $2,250,000 in exploration work over the past 3 years.
Within 180 days of acquiring its 50 % interest in the property (period ends February 11,
2017), CSM will have an option to acquire an additional 20 % property interest by issuing 1
million shares to Matamec and completing an independent bankable feasibility study within
five years of the date of the share issuance. During the period that the additional option is
valid, the Company must spend a minimum of $ 2,000,000 on exploration by the end of each
year until the feasibility study is completed.
Matamec Gold
8 properties
• 2 properties located near operational gold mines:
• along the stratigraphic rock formations east of the Hoyle Pond Mine
• Casa Berardi South captures a rock structure that is parallel and analogous to the Casa Berardi Mine
• 2 properties located in the same geological settings as Goldcorp’s Éléonore gold mine:
• Sakami covers the Opinaca-La Grande geological contact
• Opinaca Gold West is situated along the same geological formation
• 1 property located in the northeastern extension of the former Troilus mine host package:
• Troilus North straddles a northeastern extension of the volcanic sequence
1 property being explored for
a Cu-Au porphyry system
18
Matamec
Explorations
Inc. Summary
1. Matamec: New Strategy
2. Matamec Gold
3. Matamec Energy
19 19
Matamec
Energy
20
Insertion carte
“Modern energy technologies – both new energy sources and novel
ways to store, transmit, transform, and conserve energy – are
enabled by the unique chemical and physical properties of a
multitude of specific “key” materials” (DOE, 2015).
KEY ELEMENTS FOR TECHNOLOGIES RELATED TO ENERGY
Matamec
Energy
21
Matamec Energy
4 properties PROPERTIES RICH IN KEY ELEMENTS FOR
TECHNOLOGIES RELATED TO ENERGY
Energy Properties
Tansim Li*
Fabre Co*, Ag
Lorraine Ni, Co*, Pt, Pd, Rh
Kipawa Ce, La, Pr, Nd, Eu, Gd
Tb, Dy, Yb, Y, Ga, Hf, Ti
* “Battery use will drive lithium demand in the
future, but they also require other metals and
materials. Apart from lithium, likely the most
vital and scarce of these will be cobalt”
(Stormcrow, 2016).
22
Matamec
Explorations
Inc.
23
Tansim – Geology and Occurrences
24
Past exploration resulted in the identification
of concentrations of Li, Ta and Be
3 main showings:
Viau-Dallaire
Main complex pegmatite strikes for
at least 300 m with a thickness from
12 to 20m
Viau
Several pegmatite dykes are at least
30m-thick and extend for 200m and
are complex and zoned
Vézina
Small 200 x 50m elongated buttes
exposing complex zones
Tansim Mineralizations:
1) Lithium; 2) Lithium-Tantalum-Niobium; 3) Beryllium-Lithium-Tantalum
25
The table shows mineralized pegmatite occurrences found on the property since the discovery on the Dallaire showing in 1957
A broad, regional zonation is reported as follows:
(1) To the East, pegmatites are mineralized in Be, Li and Ta.
(2) To the Center, pegmatites are mineralized in Li, Ta and Nb
(3) to the West, only Li mineralization is observed
From east to west, complex and zoned granitic pegmatites show:
values up to 0.5% Be,
values up to 5.8% Ta2O5 (boulder)
values up to 0.028% Nb2O5
and values up to 4.65% Li2O (grab sample)
Tansim: Main Advantages
26
Since the discovery in 1957 of large crystals of spodumene and beryl on the Dallaire showing, only 11 short DDH have
been reported on Viau-Dallaire (1961-(4)-121.6m), Viau (1974-(4)-248m) and Île du Refuge (1978-(3)-70m) showings
Since the rock exposure is less than 10%, with most areas residing on the north shores of Lake Simard being covered by
glacial drift, several portions of the EW-oriented magnetic band remain largely uninvestigated
Geologists estimate that if all of high magnetic terrane corresponds in part with mineralized granitic pegmatites, then nearly
40% remains unexplored
Based on the large extent of the surface area of mineralized pegmatites occurrences, the zonation of mineralogical facies
and the complexity of the mineralogical phases, geologists have concluded that this region might be qualified as a
fertile pegmatitic field
There are sufficient hints from the Ta geochemical assays coming from Tansim granitic pegmatites that may lead to the
discovery of Ta-rich horizons
Next exploration program will carry out a detailed drilling campaign on the principal showings to unearth new zones of
pegmatites dykes and ultimely define mineral resources
Matamec
Explorations
Inc.
27
The Fabre Battery Mineral
Resources/Tres-Or Resources Ltd
Property has historical showings and
drill intersections, including a 1995
drill hole reported in report GM 53625
filed with the Quebec government of
714.2 g/t Ag, 2.7% cobalt (Co), 1.1%
bismuth (Bi) and 1.05 g/t Au.
The Keeley-Frontier Mine (1921-
1965) was located 8km west of Fabre
in the same structure and produced
19.2Moz Ag & 3.3Mlbs Co.
Fabre Property: Cobalt-Silver
28
The Fabre property is located in the Lake Temiscamingue region about 10 km from the Cobalt historical
mining camp, which has produced about 20,450(1) tonnes of cobalt at different periods during the 20th
century. The property is in a lithological and structural setting that is key to the discovery of cobalt-enriched
mineralization ((1) Petruk W., Jambor J., Boyle R.W., 1971).
The 2,930 ha property’s geology includes sheared mafic volcanics overlaid by sediments of the Gowganda
Formation and cross-cut by gabbroic intrusions. At the regional scale, the Fabre area corresponds to the
southern extension of north to north-west faults passing through the Cobalt Mining Camp on the Ontario side.
Historically, copper and gold occurrences have been discovered inside the property area. Sulphide
mineralizations are associated with quartz veins hosted by chloritic shear zones exposed at surface.
Historical records show enrichment in the following elements: Cu-Zn-Ag-Au. The historic exploration data
does not enable the tracing of the extension or the geometry of the mineralized system, nor does it indicate if
other elements like cobalt are present.
The company plans to validate this historical information by resampling and assaying for other critical
elements. In addition, the upgrading of the geophysical coverage should allow for the interpretation of the
structural pattern controlling metal distribution in this sector.
Fabre – Cobalt-Silver: Summary
29
Matamec
Explorations
Inc.
30
Kipawa Deposit: Mining Project Phases
31
1st phase (2007-2011) – CAD$5M Drilling to Preliminary Economic Assessment (PEA)
2nd phase (2012-2014) – CAD$18.5M: Feasibility Study and Environmental Baseline Study
3rd phase (Winter 2015 - Spring 2018) – CAD$6M: Main Objective – Reducing CAPEX ($375M) &
OPEX ($78M)
2017-2018 Objectives:
Optimization of the metallurgical processes, including operations of 2nd mini-pilot plant, in order to reduce the CAPEX & OPEX
Completion of plan for demonstration pilot plant
Evaluation of opportunities for reducing the project’s environmental footprint
Updating the feasibility study (released October 2013)
Ongoing environmental and social impact studies
Continuing the process of social acceptability with non-aboriginal stakeholders
Working with government authorities to build trust and consensus with local aboriginal communities
Ongoing discussions with strategic industrial and financial partners
2 rare earth concentrates: Light and heavy
(Individual purification process under evaluation)
Silicate Minerals:
Eudialyte - mosandrite - 90% REE contents
3-Step Process Plan:
Magnetic separation, hydrometallurgy and
purification
Open pit–Scheduled operating time of the mine: 15 years
(view of the pit at year 15)
Proven and Probable Mineral Reserves:
19.7Mt @ 0.411% Total Rare Earth Oxides
(TREO)
Kipawa Deposit: 5 Key Points
32
Kipawa Deposit: Metallurgical Process Overview
33
+ Metal and Alloy Processes are under Evaluation
Matamec
Explorations
Inc.
Current and Upcoming Activities
• Structure (legal, financing, etc.) of Matamec Gold & Matamec Energy
• Matamec Gold
• NI 43-101/FMV Reports for: Sakami, Opinaca Gold West, Timmins (HMR,
MathesonJV/Pelangio & Montclerg), Casa Detour, Valmont, Casa Berardi South &
Troilus
• Acquisition of: Casa Berardi South & Troilus
• Matamec Energy
• NI 43-101/FMV Reports for: Tansim, Fabre, Kipawa & Lorraine
• Acquisition of: Lorraine
34
Matamec’s new 2-company strategy offers:
a significant high-potential, diversified portfolio of gold in
Matamec Gold;
key elements for technologies related to energy in
Matamec Energy;
a highly knowledgeable exploration team with unique
data treatment skills and results; and
a company actively involved in R&D and innovation
projects (processing technologies).
What we are looking for:
strategic and financing partners to develop our high-
potential projects with us
Conclusion
www.matamec.com 35
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