19
TRI ORIGIN EXPLORATION LTD www.triorigin.com CORPORATE PRESENTATION NOVEMBER 24, 2019

Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TRI ORIGIN EXPLORATION LTD www.triorigin.com

CORPORATE PRESENTATION NOVEMBER 24, 2019

Page 2: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond
Page 3: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V

Tri Origin is an experienced, well-recognized explorer with a successful track record. It is focused on the discovery of multi-million ounce gold deposits in overlooked but accessible terrain with nearby infrastructure.

The Company has demonstrated ability to acquire and explore properties with proven mineral deposit potential, to finance its exploration and form strategic joint ventures with respected industry partners.

TRI ORIGIN EXPLORATION LTD

Page 4: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V CORPORATE INFORMATION

Exchange Listing: TSX Venture

Trading Symbol: TOE

Shares Issued: 119.4 million

Shares Fully Diluted: 127.6 million

Share Price: $0.03

Market Capitalization: $3.6 million As at Nov 18, 2019

Page 5: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V RECENT NEWS

Diamond Exploration in the Timiskaming Rift, Ontario • Two separate agreements reached with De Beers Canada Inc • De Beers to fund preliminary exploration at TOE’s South Abitibi &

Nipissing Cobalt properties in the Cobalt/Temagami Mining District

Extensions to gold deposit detected, Sky Lake Project, Ontario • “Deep-looking” IP survey completed at Koval gold deposit at Pickle

Lake Gold Mining District • Strong responses below the deposit highlight promising drill targets

New board members add depth and experience • New directors have joined TOE’s team • Executive search commenced to strengthen management

Private placement announced to raise up to $650,000

Page 6: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V DIRECTORS AND MANAGEMENT

Robert Valliant, PhD., CEO and Director • Co-founded and listed Tri Origin on TSX, founded and listed TriAusMin on ASX and TSX • Former VP Exploration of LAC Minerals Ltd with key involvement in discovery and development of some

of Canada’s most significant gold mines including Bousquet/Doyon, PQ and Hemlo, ON • With TOE discovered Lewis Ponds poly-metallic deposit NSW (Australia), acquired and advanced

Woodlawn Mining District NSW to feasibility for tailings and underground mine development

J.P. Janson, Director • Former Managing Director National Wealth Management with Richardson GMP • Previously Managing Director of the retail investment arm, Eastern Canada of CIBC Wood Gundy

Glenn Nolan*, P. Geo., Director • Currently VP Government Affairs, Noront Resources • Former President of Prospectors & Developers Association of Canada and Chief of Missanabie FN

Jerry Blackwell*, P. Geo., Director • Mining industry consultant- 45 years of industry experience focused on Latin America, SW US & Canada • Has previously served as an officer and executive with TSX and TSX-V listed companies

Mark Petersen*, MSc, MBA, P. Geo., Director • Mining industry executive, previously Vice President Exploration- New Gold Inc and Metallica Inc. • Extensive experience in discovery, development and reserve replacement at operating mines in Canada

and internationally

William Holter – Advisor- financial and business development Alan Galley, PhD. – Advisor- mineral exploration and technical *subject to shareholder approval at upcoming annual general meeting

Page 7: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V PROPERTY ASSETS

An exceptional portfolio of gold (cobalt/base metal/diamond) properties has been assembled in the Canadian Shield of Ontario

Two Key Gold Projects (Sky Lake, North Abitibi) • Status: Both host partially delineated, drill-ready gold deposits

• Location: The Pickle Lake District and at the Joutel/Casa Berardi Mine Trend

• Objective: Delineate resources through drilling and advance toward commercial development

Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond targets

• Location: One of the largest landholdings at Cobalt/Temagami Mining District

• Objective: Monitor diamond programs & option to fund cobalt-precious metal exploration

Page 8: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V STRATEGICALLY LOCATED PROJECTS

Pickle Lake

Red Lake

Hemlo Timmins

Toronto

North Abitibi Gold zones

delineated along trend from the

Casa Berardi mine

South Abitibi A large diamond, cobalt

(gold/base metal) property in the southern portion of the

Abitibi - Canada’s most endowed mineral province.

Diamond targets being evaluated by De Beers Canada

Nipissing Cobalt A diamond, cobalt project now being

explored by De Beers Canada

Sky Lake Partially delineated

gold deposit southwest of the

past-producing Pickle Lake Gold District

“Elephant

hunting in

elephant

country.”

Val d’Or

Sudbury

Detour Lake

Kirkland Lake

Cobalt

Tri Origin projects comprise portions of these Mining Districts;

Pickle Lake, Casa Berardi/Detour Lake and Cobalt, ON

Page 9: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V THE RED LAKE – UCHI SUBPROVINCE

Sky Lake Project

Britannia Mine

Red Lake District

Richardson Lake Deposit

Uchi Gold Mine

Golden Patricia Mine

Pickle Lake District

Dona Lake Mine

Winnipeg – 200 km

Prolific greenstone belts in now accessible northwest Ontario host Canada’s highest grade gold mine and numerous past-producers

Thunder Bay – 300 km

Many gold occurrences and historic deposits have not seen exploration for over 25 years. Recently improved access provides a catalyst for renewed exploration

50 kilometres

Page 10: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V SKY LAKE PROJECT IN A PRODUCTIVE BELT

Sky Lake Property

• Region hosts over 3.5 million ounces of gold discovered to date

• 27 km prospective gold trend– 125 km2 of 100%-owned claims and an option to earn 96% interest in 2 km2 of patented claims

• Bounded by 6 past-producing gold mines; Pickle Lake District & Dona Lake Mine to the east & Golden Patricia Mine to the west

• Historic, partially-delineated gold deposit on patent claims optioned from Barrick Gold core the western half of the property

• Eastern half of the property surrounds Ardiden Ltd’s Kasagiminnis gold deposit & covers this prospective trend to the east & west

• Located 310 km north of Thunder Bay, Ontario adjoining paved highway and power lines

• Gold occurrences identified by Tri Origin share important similarities to the world-class Bousquet/LaRonde District in Quebec

Patent Claims Historic resource (non-

compliant)

Competitor Company (Ardiden Ltd) Resource in iron formation- 110,000 ounces gold

Recent drilling; 3.97 g/t across 21.0 m, 2.38 g/t across 19.7m Extensive drill program planned- winter 2020

5 km

Past-producing Pickle Crow, Central Patricia (Hasaga), Dona Lake Gold Mines & Thierry Cu/Ni Mine

Past-producing Golden Patricia Mine

Gold deposit- drilled in the

1950’s

Competitor company- Exiro Minerals contiguous to the west

Page 11: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V PARTIALLY DELINEATED GOLD DEPOSIT

Composited Average drill intersection grade/thickness for all historic holes

in each zone

Red zone – 3.27 g/t across 6.6 m

Orange zone – 2.4 g/t across 3.6 m

Purple zone – 3.76 g/t across 6.0 m

Yellow zone – 2.7 g/t across 3.6 m

3D Model (looking northeast)

• 3D modelling of a 100 drill hole database has identified three main sub-parallel zones over a strike length of 1 km

• Most historic drilling was only conducted to depths of less than 100m below surface &, in places, to a maximum of 200 m below surface

• A non-compliant 43-101 resource was calculated in the 1980’s • The deposit remains open at depth and both directions along strike

Drill Section 6200mE

3.97 g/t across 14.23 m

4.28 g/t across 8.08 m

8.78 g/t across 15.95 m

1.83 g/t across 12.34 m

50 m

etr

es

7.71 g/t across 1.52 m

• Significant, partially-delineated gold deposit discovered in the 1950’s

• Multiple gold occurrences in iron-formation and pyritic “quartz-sericite-schist” detected along a 15 km long trend across the property

• New Tri Origin targets identified through its surface field surveys and drilling are along strike east and west of the known deposit on patent claims

Page 12: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V THE WESTERN ABITIBI SUBPROVINCE

The Abitibi is one of the world’s most prolific gold belts

producing more than 170 Moz to date

AT NORTH ABITIBI; Tri Origin has recognized outstanding exploration potential

where only the very near-surface environment of gold deposits has been investigated. Other occurrences remain

overlooked and no recent work has been completed.

North Abitibi is one of Tri

Origin’s key gold properties located in the northwest segment of the Abitibi

along a well-mineralized trend.

Detour Lake

Selbaie

Chibogamau

Casa Berardi

Noranda

Bousquet/LaRonde

Kirkland Lake

Matachewan

Timmins

Val d’Or

North Abitibi

Malartic

Joutel

50 kilometres

Page 13: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V

• 100% interest, 50 km2 property along the Casa Berardi Break – host to six current and past-producing mines in Quebec representing over 3 Moz gold produced to date

• No production from Ontario (yet!) – poor access, overburden cover & ineffective techniques have hindered past exploration efforts

• Substantial gold discoveries made in the 1980’s but only explored to shallow depths • Tri Origin has utilized modern “deep-penetrating” geophysical techniques to identify three important gold zones

and numerous other targets that are drill-ready

NORTH ABITIBI – A KEY ASSET

50 km to

Detour Lake Mine

Casa Berardi Gold Mine

(Hecla)

Competitor claims; (Aurelius Minerals)

Recent drilling reported 7.1 g/t over

26.1 m & 8.2 g/t over 11.5 m

Competitor claims; (Detour Gold)

Pre-drilling field work

150 km to Kirkland

Lake/Timmins Tomlinson Road

Mine Estrades

(Galway) Au (Cu/Zn)

Tri Origin’s

North Abitibi Project

Joutel District (Au & base metals);

Agnico Eagle Gold Mine

Telbel

Mine de Poirier

Explo Zinc 20 kilometres

Competitor claims; (LaSalle Expl)

IPO in progress to conduct field

work and drilling in 2020

(Detour Gold) (Detour Gold)

Page 14: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V SIGNIFICANT GOLD OCCURRENCES

• North Abitibi hosts the most extensive gold occurrences on the Ontario side of the Casa Berardi trend

• Except for Tri Origin, very little work has occurred in the region over the past 30 years

• Recent logging and opening of the Detour Lake Mine 50 km to the north has greatly improved access and infrastructure

Road Gold Zone

North Abitibi Property

Spade Lake Gold Zone

Club Lake Gold Zone

Note: 2.6/3.0 = grams per tonne gold across drill core interval

1 kilometre

0.5/25.0

1.1/8.0

1.3/3.1

0.73/12

1.3/7.5

23.4/1.5

1.0/13.5

1.4/6.0

3.1/1.5

2.6/3.0

0.6/16.5

19.7/1.0

17.8/1.6

1.3/10.1

5.0/1.0

1.2/3.2

0.5/8.6

0.6/10.5

12.6/1.5 9.0/1.5

6.1/6.0

1.3/5.0

• Drilling has intersected numerous gold occurrences throughout the 8 km long property • Spade Lake and Road Gold Zones include multiple high-grade assays for over 2 km • Zones remain open along strike and at depth - historic drill intersections to maximum 150 m below surface

Page 15: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V

Tri Origin holds two large, 100%-owned properties at Cobalt, Ontario surrounded

by world-class mining districts

Timmins - Au

Kirkland Lake - Au

Noranda – Cu, Zn, Au

Sudbury Basin – Ni, Cu, PGE’s

The Cobalt Plate

Nipissing Cobalt and South Abitibi

Project Areas

Cobalt – Ag, Co

NIPISSING COBALT AND SOUTH ABITIBI

• Tri Origin’s Nipissing Cobalt and South Abitibi properties overlie a complex and metal-rich geological environment

• Cobalt Plate sedimentary rocks & Nipissing diabase cover prospective Abitibi Greenstone Belt rocks across both properties

• The properties extend over a large segment of “Temiskaming Rift” , a deep crustal structure

• “World-class” gold & base metal districts occur to the north in the Abitibi

• The Cobalt Ag-Co District is within the Cobalt plate immediately east and northeast of Tri Origin’s properties

• Diamondiferous kimberlites are known adjacent to the properties along the rift

Page 16: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V DIAMOND EXPLORATION

• Tri Origin is one of the largest landholders in the district

• Diamondiferous kimberlite has previously been identified along the rift west & northwest of Cobalt

• Additional potential for cobalt-silver in Cobalt Plate rocks and for Abitibi-type gold & base metal deposits in covered Abitibi Greenstone Belt rocks

• Agreements reached with De Beers Canada Inc for both the South Abitibi & Nipissing Cobalt properties

• De Beers is fully-funding preliminary drill testing of targets it has identified as possible kimberlitic rock

• Diamond evaluations will be conducted if warranted

Diamondiferous

Lamprophyre

Kimberlite

Nipissing Cobalt

Kimberlite- green

Diamondiferous kimberlite- green

Diamondiferous lamprophyre- orange

Diamondiferous

Kimberlite

Cobalt

Temagami

10 kilometres

Page 17: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V GOLD & BASE METAL TARGETS

Nipissing Cobalt (125 square kilometres) South Abitibi

(210 square kilometres)

Cobalt

10 km

Temagami

• An exploration moratorium (the Bear Island Land Caution) was in effect over much of the area from 1973 for almost 30 years – leaving the South Abitibi area overlooked

• Because of this, the properties have not been explored for precious & base metals in many decades

Cu/Ag/Zn

Co/Ag

Cu

Au

Au

Au

Co

Cu/Ni

Tri Origin has completed; • Regional airborne “VTEM”

surveying • Ground geological,

geophysical & geochemical surveys

• Preliminary diamond drilling A number of gold, copper, nickel, silver & cobalt occurrences have been identified which warrant more detailed work

Page 18: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

TOE:TSX-V TOE:TSX-V PLANS & NEWS FLOW EARLY 2020

GOLD ASSETS: Pickle Lake (Red Lake-Uchi) & Abitibi Districts: DRILLING

Sky Lake: • Koval gold deposit partially delineated in the 1950’s is targeted for drilling to determine if a

viable resource can be delineated • Competitor company plans a significant resource delineation drill program at its deposit

along trend from Koval and encircled by Tri Origin’s regional claims

North Abitibi: • Extensive, drill-ready gold occurrences in a productive belt. Drilling required to test

economic significance of deep targets below known gold zones • Competitor companies along trend immediately west and to the east have significant drill

programs planned at known gold zones

Cobalt District: MONITOR DIAMOND EVALUATION WORK Nipissing Cobalt: • De Beers agreement to conduct preliminary drilling to test targets and evaluate for

diamonds if warranted

South Abitibi: • De Beers agreement to conduct preliminary drilling to test targets and evaluate for

diamonds if warranted

Page 19: Tri Origin exploration ltd Presentation Nov … · Two Diamond (Cobalt/Silver/Gold) Projects (Nipissing Cobalt, South Abitibi) • Status: De Beers Canada currently drilling diamond

Tri Origin respects local communities in its project areas and conducts exploration in an environmentally-friendly fashion.

DISCLAIMER This presentation contains forward-looking statements that were based on expectations and estimates as of the date of this presentation. These statements are subject to known and unknown factors which may cause actual results and developments to materially differ from those expressed or implied.

Tri Origin has taken all reasonable care in preparation of this presentation; however, it may not include all relevant information regarding Tri Origin. Any person considering an investment in Tri Origin is advised to obtain independent financial advice prior to making an investment decision. Further information about Tri Origin Exploration Ltd. is available at www.triorigin.com