33
1 Aggressively focused on new discovery in Nevada . TSX-V: NGLD / FSE: BM5 JULY 2020

PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

  • Upload
    others

  • View
    5

  • Download
    0

Embed Size (px)

Citation preview

Page 1: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

1

Aggressively focused on new discovery in Nevada.

TSX-V: NGLD / FSE: BM5

JULY 2020

Page 2: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

2

Disclaimer

Certain statements and/or graphics in the Company’s press releases, web site information and

corporate displays, among others, constitute “forward-looking statements”. These statements are

based on information currently available to the Company and the Company provides no assurance

that actual results will meet management’s expectations. Forward-looking statements include

estimates and statements that describe the Company’s future plans, objectives or goals, including

words to the effect that the Company or management expects a stated condition or result to occur.

Forward-looking statements may be identified by terms such as “believes”, “anticipates”, “expects”,

“estimates”, “may”, “could”, “would”, “will”, or “plan”, or their conditional or future forms. Since

forward-looking statements are based on assumptions and address future events and conditions, by

their very nature they involve inherent risks and uncertainties.

Actual results relating to, among other things, results of exploration, project development,

reclamation and capital costs of the Company’s mineral properties, and the Company’s financial

condition and prospects, could differ materially from those currently anticipated in such statements

for many reasons such as: changes in general economic conditions and conditions in the financial

markets; changes in demand and prices for minerals; litigation, legislative, environmental and other

judicial, regulatory, political and competitive developments; technological and operational difficulties

encountered in connection with the activities of the Company; and other matters discussed in this

presentation. This list is not exhaustive of the factors that may affect any of the Company’s forward-

looking statements. These and other factors should be considered carefully and readers should not

place undue reliance on the Company’s forward-looking statements. The Company does not

undertake to update any forward looking statement that may be made from time to time by the

Company or on its behalf, except if required to do so by applicable securities laws. You are

cautioned not to place any undue reliance on any forward-looking statement.

Forward Looking Statements or Information Related to Exploration:

Relating to exploration, the identification of exploration targets and any implied future investigation

of such targets on the basis of specific geological, geochemical and geophysical evidence or trends

are future-looking and subject to a variety of possible outcomes which may or may not include the

discovery, or extension, or termination of mineralization. Further, areas around known mineralized

intersections or surface showings may be marked by wording such as “open”, “untested”, “possible

extension” or “exploration potential” or by symbols such as “?”. Such wording or symbols should not

be construed as a certainty that mineralization continues or that the character of mineralization (e.g.

grade or thickness) will remain consistent from a known and measured data point. The key risks

related to exploration in general are that chances of identifying economical reserves are extremely

small.

Regarding disclosure of exploration information with respect to the Bolo Property and Kinsley Gold

Project refer to the Company’s current NI 43-101 Technical Reports titled: Wolverson (2018)

Technical Report on the Bolo Property, Nye County, Nevada, USA, Effective Date August 15, 2018;

and Gustin et al. (2020) Technical Report and Updated Estimate of Mineral Resources for the

Kinsley Project, Elko and White Pine Counties, Nevada, USA, Effective Date January 15, 2020.

The technical content of this presentation have been reviewed and approved by Kris Raffle, P.Geo.,

a Director of the Company and a Qualified Person as defined by National Instrument 43-101.

► "This presentation does not constitute a prospectus or public offering for financing, and no

guarantees are made or implied with regard to the success of New Placer Dome Gold

Corp. This presentation is for informational purposes which such information is also

available on www.sedar.com. This presentation does not constitute a general

advertisement or general solicitation or an offer to sell or a solicitation to buy any

securities of the Company. For further information visit the Company's website."

F o r w a r d L o o k i n g S t a t e m e n t s

Page 3: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

3

New Placer Dome Gold Corp N e v a d a F o c u s e d E x p l o r a t i o n

New Placer Dome is a fully funded junior exploration company focused on acquiring

proven, high-grade gold assets in Nevada. New Placer Dome has recently acquired

the past-producing Kinsley Mountain Gold project from Liberty Gold Corp. which is

located 90km to the south of the producing Long Canyon gold mine that is part of

the Barrick-Newmont JV. New Placer Dome also has an earn-in agreement to

acquire a 75% interest in the drill permitted, proven and highly prospective Carlin-

type Bolo asset located 90km northeast of Tonopah Nevada, where a 2019 highly

successful drill program was completed. The company also has the option to

acquire 100% of Troy Canyon which is located strategically near Bolo.

3

1Not necessarily indicative of mineralization on New Placer Dome Properties

Page 4: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

4

As of July 3, 2020

Shares Outstanding 90,134,585

Warrants Outstanding 56,129,399 @ .30 cents

Share Price $ 0.59 cents

Market Cap $53.0 M

Cash after all fees and

initial payment for Kinsley $10.0 M

Debt NIL

Enterprise Value $33.0 M

CUSIP#

ISIN #

Transfer Agent

Legal

64804X101

CA64804X1015

Computershare

AFG Law LLP- [email protected]

Share StructureT S X - V : N G L D , F S E : B M 5

Page 5: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

5

Maximilian Sali, CEO, Director &

Founder Maximilian Sali is CEO, director and founder of the company. Mr. Sali

has been in the capital markets since 2009 managing private family

assets. He is the president of Baccarat Investments Inc., a private

company providing consulting and management services to public

companies along with investing. Mr. Sali is the former CEO, director

and founder of Defense Metals Corp. (TSXV: DEFN). Mr. Sali was

corporate development for Advantage Lithium Corp (TSXV:AAL) which

was acquired by producing lithium company Orocobre for $66 million on

February 18, 2020.

Brad Telfer, Director & Founder Brad Telfer is a director and founder of the company. He is a former

investment advisor at Woodstone Capital before it was acquired by

Haywood Securities in 2015. Mr. Telfer has a financial and accounting

background having worked for Bank of Montreal and gone to UBC for

accounting. Mr. Telfer is the owner of a private real estate investment

company. He is the son of Ian Telfer, former chairman of Goldcorp.

Ryan Cheung, CFORyan Cheung, CPA, CA, provides accounting, management, securities

regulatory compliance services to private and public-listed companies.

Mr. Cheung also serves as an officer and/or director of a number of

public-listed companies. Mr. Cheung holds a Bachelor of Commerce

degree from the University of Victoria and is a member of the Chartered

Professional Accountants of British Columbia.

Jordan Trimble, Director Jordan Trimble is currently the CEO of Skyharbour Resources (TSX.V:

SYH) and Rockridge Resources (TSX.V: ROCK). Mr. Trimble holds a

Bachelor of Science Degree with a Minor in Commerce from UBC and

he is a CFA® charter holder and serves as a director of the CFA

Society Vancouver. He has worked in the resource industry in various

roles with numerous TSX Venture listed companies specializing in

corporate finance and strategy, shareholder communications,

marketing, deal structuring and capital raising. Previously he managed

Corporate Development for Bayfield Ventures, a gold company with

projects in Ontario which was acquired by New Gold in 2010 (TSX:

NGD).

Jim Greig, Corporate DevelopmentJim Greig is currently President at Benchmark Metals Inc. a high-grade

gold and silver explorer located in the Golden Triangle with a notable

recent investment by Eric Sprott. He was Recently at Keegan

Resources Inc. as part of the mine development team advancing the 5

million ounce Esaase Gold Project in West Africa. With 25 years in the

resource sector, he brings comprehensive experience in exploration,

development and mineral production. Mr. Greig holds an MBA from the

University of Calgary and a BA Geography from Carleton University.

Toby Pierce, Director Toby Pierce, BSc., MBA, is a natural-resource executive with more than

19 years of extensive transactional and valuation experience in deal

sizes ranging from several million to $1.3 billion in value. He is the

current CEO of Tag Oil Ltd. (TSX: TAO). His body of experience,

ranging from wellsite geology to Director of Oil and Gas Institutional

Research to CEO and President, has given him a wealth of industry

knowledge and deep understanding of oil and gas operations, capital

markets, investment banking, mergers and acquisitions. He is also a

director of Benchmark Metals Inc. a high-grade gold and silver explorer

located in the Golden Triangle that trades under the symbol BNCH.V.

Kris Raffle, QP and Director Kristopher J. Raffle, B.Sc., P.Geo. serves as the Qualified Person for

the Company. Mr. Raffle is also a current director of Defense Metals

Corp. (TSXV: DEFN). Mr. Raffle is a Partner and Principal Geologist

with Edmonton-based geologic consulting firm APEX Geoscience Ltd.

Mr. Raffle has over 18 years’ North American-focused base and

precious metals exploration experience. APEX has wide-ranging

Nevada Carlin-type gold experience, including near-mine exploration at

Scorpio Gold Corp.’s Mineral Ridge Project; NI 43-101 reporting for

Battle Mountain Gold Inc.’s Lewis Project and Barksdale Capital Corp.’s

Swales Project; consulting and geological modeling for NuLegacy Gold

Corp.’s Red Hill Project; in addition to completion of multiple Mineral

Resource Estimates for Gold Standard Ventures Corp.’s Pinion, Dark

Star, and North Bullion deposits within their flagship Railroad Project.

APEX’s current Nevada activities include modelling and resource

estimation work for several projects on behalf of Waterton Global

Resource Management Inc., and Fiore Gold Ltd.’s Gold Rock Project.

Board of Directors D i r e c t o r s a n d M a n a g e m e n t

Page 6: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

6

Advisory Board

Cal Everett, B.Sc. – Senior Financial AdvisorMr. Everett is a geologist with more than 14 years of surface

and underground exploration experience with senior mining

companies. He moved to the financial sector in 1990 and

spent 12 years with BMO Nesbitt Burns focused on resource

equities, and seven years with PI Financial Corp. in senior

resource institutional sales and capital markets. From 2008

to 2015, he was President and Chief Executive Officer of

Axemen Resource Capital. Mr. Everett holds a Bachelor of

Science degree in Economic Geology from the University

New Brunswick. Mr. Everett is currently Chief Executive

Officer and president of Liberty Gold Corp. (TSXV: LGD)

Alan Hitchborn, P.Geo. – Senior Technical AdvisorMr. Hitchborn is an experienced exploration-mining geologist

with nearly 40 years of practice in mineral exploration and mine

operations throughout the world. Mr. Hitchborn and his team,

have managed 700,000 meters of combined reverse circulation

and core drilling. He has a proven track record in developing and

expanding reserves with minimal costs. He has led exploration

teams and campaigns for mining companies and was a chief and

senior geologist for Placer Dome. He holds a Bachelor of

Science in Geology from the University of Nevada – Reno. Mr.

Hitchborn is a registered professional geologist with Engineers

and Geoscientists of British Columbia.

Mac Jackson, P.Geo. – Carlin Gold ExpertMr. Jackson has worked as an exploration geologist since

receiving a Master of Science from the University of

Nevada-Reno in 1988. Most of his career has been spent

leading teams in the exploration for Carlin-type deposits in

Nevada and managing exploration budgets of up to $20M.

He has helped bring several deposits, including deep Carlin

targets, from early exploration and discovery through

development. He is an AIPG certified professional

geologist.

Alex Terentiew, MBAMr. Terentiew is a former mining analyst at BMO, Credit

Suisse, Raymond James and Scotiabank. Most recently he

was Corp. Dev. for Trevali Mining corporation, a Canadian zinc

producer. He has a civil engineering degree from the University

of Toronto and and MBA in engineering from the Rotman

School of Management.

Page 7: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

7

We are Nevada Focused

► Worlds most premier mining district – Assets, Location,

Government, infrastructure

► Fraser Institute ranks Nevada as the best location on its

investment attractiveness index

► Transparent, predictable and established permitting

rules/guidelines

► 83% of USA gold production, 5th in the world

P r e m i e r , P r o l i f i c & W o r l d C l a s s M i n i n g D i s t r i c t

Page 8: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

8

1. Carlin-type asset with an updated NI 43-101 resource of 535k ounces I+I

2. Previous total production of 138,000 ounces between 1995-1999

3. land package is 4,213 acres with only 20% explored through drilling

4. Located 90km away from Long Canyon and on trend

Nevada Assets T h r e e P r o j e c t s

1 Kinsley Mountain

1. Carlin-type project located 90km NE of Tonopah

2. Successful 1,832m drill program delivered some of the most significant

gold intercepts of all Nevada in 2019

3. New high-grade oxide discovery at depth.

4. Land package is 3,332 acres.

2 Bolo

1. Strategically located 30 minutes from Bolo with small

2. High-grade previous production

3. Land package is 1,218 acres

3 Troy Canyon

Page 9: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

9

Kinsley Mountain

► Eastern Great Basin high-grade sulphide Carlin style deposit with only 20% of

property properly explored to date through drilling

► Carlin-style gold system located approximately 90 km from the Long Canyon

deposit

► Newly updated gold resource estimate published in February 2020(2)

► Western Flank – Secret Canyon Shale formation

– Indicated resource of 302,000 ounces grading 6.11 g/t gold

► Initial testing indicates strong sulphide metallurgical recoveries

– Testing suggests high-grade flotation + leached tails concentrate feasible

– Secret Canyon: 89 – 95% recovery, 98.6 – 312 g/t gold concentrate grade(2)

1Not necessarily indicative of mineralization on New Placer Dome Properties2 "Technical Report and updated estimate of mineral resources on the Kinsley Project, Elko County, Nevada, U.S.A.", effective

January 15, 2020 and February 4, 2020 prepared by Michael M. Gustin, Ph.D., CPG, Moira Smith, Ph.D., P.Geo. and Gary L.

Simmons, MMSA under Liberty Gold's Issuer Profile on SEDAR (www.sedar.com).

1 3 8 , 0 0 0 o u n c e s p r o d u c e d a t 1 . 4 g / t b e t w e e n 1 9 9 5 - 1 9 9 9

Targeting High-Grade zones,

18.3 g/t gold over 23 metres

Project Overview

Page 10: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

10

Reserves and ResourcesU p d a t e d E s t i m a t e a s o f 2 0 2 0 f o r K i n s l e y M o u n t a i n ( 1 )

Classification Zone Tonnes Grade (g/t Au) Contained Gold (ozs)

Indicated

Secret Canyon 1,540,000 6.11 302,000

Dunderberg 662,000 2.55 54,000

Oxide 2,746,000 0.70 62,000

Total Indicated 4,948,000 2.63 418,000

Inferred

Secret Canyon 313,000 3.23 32,000

Dunderberg 700 ,000 2.37 53,000

Oxide 1,425,000 0.71 32,000

Total Inferred 2,438,000 1.51 117,000

1"Technical Report and updated estimate of mineral resources on the Kinsley Project, Elko County, Nevada, U.S.A.", effective January 15,2020 and February 4,2020 prepared by

Michael M. Gustin, Ph.D., CPG, Moira Smith, Ph.D., P.Geo. and Gary L. Simmons, MMSA under Liberty Gold's Issuer Profile on SEDAR (www.sedar.com).

Page 11: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

11

Kinsley Mountain

Dunderberg

Secret

Canyon

Sulphide

Oxide

Dunderberg

Oxide

750m looking northeast

Mixed SulphideOxide

Historic Pits

Historical main pit at Kinsley

View of Kinsley to the north

2

1

0.5

1

0.5

0.2

5

2

1

1"Updated Technical Report on the Kinsley Project, Elko County, Nevada, U.S.A.", effective January 15,2020 and February 4,2020 prepared by Michael M. Gustin, Ph.D., CPG,

Moira Smith, Ph.D., P.Geo. and Gary L. Simmons, MMSA under Liberty Gold's Issuer Profile on SEDAR (www.sedar.com).

B l u e S k y P o t e n t i a l w i t h P a s t P r o d u c t i o n a n d a 2 0 2 0 u p d a t e d N i 4 3 - 1 0 1

Historical drilling at Kinsley

Page 12: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

12

Kinsley MountainT h e b e s t p a t h f i n d e r f o r h i g h - g r a d e g o l d i s h i g h - g r a d e g o l d

1True widths of the mineralized intervals are interpreted to be between 60-90% of the reported lengths

Historical Drill Holes at Secret Canyon Include:

1. 42.7m @ 10.5 g/t

2. 22.9m @ 18.3 g/t

3. 36.6m @ 8.5 g/t

4. 8.50m @ 16.3 g/t

5. 22.9m @14.9 g/t

6. 29.0m @ 21.3 g.t

7. 11.4m @ 32.7 g/t

8. 4.90m @ 46.4 g/t

9. 38.7m @ 15/6 g/t

10. 30.0m @ 10.6 g/t

Page 13: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

13

Exploration Timeline for KinsleyP o t e n t i a l E x p l o r a t i o n P r o g r a m

Kinsley Work Program

► Drill Program: Phase 1 up to 15,000m RC and 5600m core drilling, $4.15m USD (max

budget)

► Phase 1 tests and expands Racetrack, Transverse, Big Bend, Western Flank, and KN

targets

► Liberty Gold will assist New Placer Dome in selecting drill targets

► Phase 2: 10,000m RC, 5000m core drilling, $3.1m USD (max budget)

► Phase 2 follows up on PH1 results at previous zones, adds holes in KN

► Acquisition of 4th and One ground: control district potential for Carlin-style Au

► Detailed surface geochemistry and IP survey of 4th and One ground

► Drill pioneer holes in 4th and One High Priority targets (3,000m RC, incl. in PH2)

2020

2021

Page 14: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

14

Racetrac

k

Transverse

and Secret

Spot

Big Bend

Eastern

Intersectio

n

4th and

One

LBFJ4th and

One

Southern

Jasp

Rangefront

Faults

KN

Westside

Lineament

KN

Pogonip

Anomalies

Western Flank

Zone

Expansion

2020 / 2021 Kinsley Exploration Program

Expenditure (US$) Timeframe Details Goal

Phase 1 drilling $4.0M June - Oct 1 RC drill, 1 core drillTest high priority

targets

Phase 1 dirtwork $0.2M June- Oct 1 Excavator

Plan of Ops update $0.1MBiology and cultural

surveys

Add more targets into

the Plan of Ops

4th and One Aqc. $0.2M August LeaseAcquire southern

portion of district

Phase 2 drilling $3.0M August - November1 RC drills, 1 core

drill

Follow up PH1, test

other targets

Phase 2 dirtwork $0.2M August

Surface geochem $20K April

Soil grids in 4th and

One, follow up

mapping and rock

sampling

Define targets in

southern district

Total $7.6M

Kinsley Mountain High Priority Drill Targets

Kinsley MountainP o t e n t i a l E x p l o r a t i o n P r o g r a m 2 0 2 0 / 2 0 2 1

Page 15: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

15

BOLO

Project Overview

1Not necessarily indicative of mineralization on New Placer Dome Properties, 2Wolverson (2018) Technical Report on the Bolo Property, Nye County, Nevada, USA, Effective Date August 15, 2018. 3The true width of mineralization is estimated to be approximately 60-70% of drilled width. The true width of the lower gold zone is

unknown

► Carlin-type gold mineralization

► Significant exploration potential for new discoveries

►Widespread gold mineralization at surface; 13.7m of 4.97 g/t

gold(3) from surface from 2019 program

► Located near Kinross’s Round Mountain mine which has

produced over 10M ounces of gold(1)

►3,335 Acre land package – Main access point is the Hot Creek

Ranch, Nevada

H i g h - G r a d e C a r l i n - T y p e D e p o s i t i n N e v a d a

Targeting Resource Potential

1.33 g/t gold over 133 metres (1,2,3)

Oxide from Surface

Page 16: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

16

BOLO High Grade Gold Oxide & Silver Project

BL-19-02 85m of 1.01 g/t gold

including 32m of 2.01 g/t gold 1

BL-19-04 122m of 1.2 g/t gold and a

new discovery at 188m downhole

depth of 12.2m at 3.32 g/t gold 1

BL-19-01 84m of 1.37 g/t gold including

13.7m of 4.97 g/t gold 1 from surface

Uncle Sam Silver Zone

BL-19-09 4.6m of 148 g/t silver within a

broader zone of 74.9 g/t silver over

22.9m 1

2 0 1 9 I n t e r s e c t i o n s

1The true width of mineralization is estimated to be approximately 60-70% of drilled width. The true width of the

lower gold zone is unknown. The true width of Uncle Sam mineralization is unknown.

Page 17: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

17

BOLOH i g h - G r a d e C a r l i n - T y p e p r o j e c t i n N e v a d a

Page 18: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

18

18

BOLOH i g h - G r a d e C a r l i n - T y p e P r o j e c t

Page 19: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

19

Exploration Timeline for BOLO

Summer

2020Phase 2

Connect South Mine Fault and Uncle Sam + Deeper Drilling

► 3500m RC drill program

► South Mine Fault drilling targeting deeper gold zones below previous new discovery

► Test continuity between South Mine Fault and Uncle Sam

2 0 2 0 E x p l o r a t i o n P r o g r a m2 0 2 0 E x p l o r a t i o n P r o g r a m

1The true width of mineralization is estimated to be approximately 60-70% of drilled width. The true width

of the lower gold zone is unknown. The true width of Uncle Sam mineralization is unknown.

Page 20: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

20

Troy Canyon

Project Overview

► High-grade gold mineralization within mesothermal quartz veins, vein

breccias, and narrower sheeted vein and stockwork zones

► 1,219 acre land package with small gold production around 1955.

►Stope samples returned values of 47.8 g/t gold, 48.4 g/t Au, and 576

g/t gold including 229 g/t silver(1)

► Soil geochemistry indicates several anomalous gold zones outbound of

the mine area

1See the Company’s September 24, 2019 News Release

A s t r a t e g i c a c q u i s i t i o n c l o s e t o B o l o

Targeting New Discovery Potential

576 g/t gold and 229 g/t silver (1)

Drill Targets in Progress

Page 21: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

21

Use of Proceeds for Projects2 0 2 0 E x p l o r a t i o n P r o g r a mS o u r c e s a n d U s e s o f F u n d i n g f o r 2 0 2 0

Sources

Equity Financing CAD$12.35M

Total CAD $12.35M

Uses

Kinsley Consideration USD $1.375M

Kinsley Exploration (incl. BLM

+ Advanced Royalty) Up to USD $4.15M

Bolo Exploration USD $750K

Troy Canyon Consideration USD $25K

Total US$6.3M

Page 22: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

22

605 – 815 Hornby Street

Vancouver, BC V6Z 2E6

Office 1 604 620 8406

TF 1 855 210 4846

Contact Us

C o r p o r a t e C o n t a c t

TSX-V: NGLD

FSE: BM5

Maximilian Sali, CEO, Director & Founder

[email protected]

Karl Mansour – Paradox IR (Montreal)

1-514-341-0408 [email protected]

www.newplacerdome.com

Page 23: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

23

Appendix

Page 24: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

24

PU

RC

HA

SE

24

Kinsley Mountains past-producing heap leach

zone

Kinsley TermsT r a n s a c t i o n

Transaction Timeline

Year Transaction Terms

2020 USD$1.25M in cash and issue 9.9% of float post raise (1)

2021 USD$2.5M in cash

2022 USD$2.5M in shares of NPD(2)

TotalUSD$3.75M in cash, USD$2.5 in stock, and 9.9% of

New Placer Dome shares

Additional Terms

A bond repayment of USD$125K is due at signing as New Placer Dome

becomes the Operator + USD200k advanced royalty paid over the payment

period

Ownership

Acquired Liberty Gold’s % of Kinsley Mountain (remaining minority owned

by Nevada Sunrise Gold)

1Subject to a 12 month hold period 2Subject to a 4 month hold period

Page 25: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

25

EA

RN

IN

25

Bolo TermsE a r n - I n A g r e e m e n t T e r m s

Transaction Timeline(1)

Year Transaction Terms

2019 US$0.50M in exploration and US$0.25M in shares(3)

2020 US$0.75M in exploration and US$0.25M in shares

2021 US$1.25M in exploration and US$0.25M in shares

2022 US$1.50 in exploration and US$0.25M in shares

TotalUS$4M in exploration and US$1.0M in shares for

50.01 % or control

Additional Terms

NPD can elect to earn >75% for an additional US$4M in exploration for

2023 and 2024 – No additional shares

Ownership

New Placer Dome earns 75%

1Exploration spending and share payments can be accelerated at any time 2BLM payments are US$31,239.00 annually32019/ 2020 shares already issued and 2019 spend complete

Page 26: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

26

PU

RC

HA

SE

26

Troy Canyon TermsT r a n s a c t i o n T e r m s

Transaction Timeline(1)

Year Transaction Terms

2019 US$25K in cash and 625K shares of New Placer Dome

2020 US$25K in cash and 625K shares of New Placer Dome

TotalUS$50K in cash and 1.25M shares of New Placer

Dome

Ownership

100% ownership of Troy Canyon

1BLM 2019 payment US$3,500

Page 27: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

27

Cross section looking NE along the Kinsley NW mineralization trend

Geddes Limestone

Secret Canyon Shale

Hamburg Limestone

Hamburg Dolomite

Dunderberg Shale

Western Flank

Zone

(Secret Canyon

Shale)

Upper Pit

(Notch Peak breccias) Main Pits

(Dunderberg Shale)

Western Flank

Zone

(Dunderberg

Shale)

Kinsley Mountain Mineralization Model (Stratigraphy)

• Au mineralization hosted in multiple horizons, with stronger mineralization near high angle fault zones

• Calcareous shales with low-angle structural disruption/deformation are the best host rocks, with significant mineralization also hosted in collapse breccias in massive limestones

• Historic exploration and open pit mining focused on the upper shale unit (Dunderberg) and the brecciated limestones above it (Notch Peak)

• The lower shale unit (Secret Canyon Shale) was not explored, and Pilot Gold discovered high grade mineralization at depth in 2013

• Continuing exploration has focused on other locations where shallow mineralization had been drilled, but the lower shale wasn’t

Kinsley Mountain

Page 28: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

28

Western Flank Zone

(Secret Canyon Shale)

Mined and un-mined

shallow oxide

(Dunderberg Shale)

Racetrack

Un-mined shallow

oxide

(Dunderberg Shale)

Baja RacetrackSecret Spot

(Secret Canyon

Shale, partially

tested)

Right Spot

Un-mined

shallow oxide

Scorcher

Un-mined shallow oxide

(Dunderberg Shale)

LBFJ

Mined and un-mined

shallow oxide

(Notch Peak Breccias)

Simplified structural map and drilled mineralization, looking down

N

Currently drilled mineralization map

Kinsley Mountain Mineralization Model (Structure)

• Large-scale structures strongly influence most of the mineralization at Kinsley

• local pods of mineralization are located away from these main structures, and are possibly

related to un-recognized cross structures (Racetrack, Right Spot)

• Mineralization is strongest at intersections of these large structures, low-angle

deformation/shear horizons, and preferential stratigraphy

Kinsley Mountain

Page 29: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

29

Sparsely tested at Secret

Canyon Shale depth along

Kinsley NW Fault Zone in

the WFZ-Mine Area

Outside of the

Secret Spot

mineralized zone,

the Transverse

Fault Zone is

totally untested to

Secret Canyon

Shale

Only one Secret

Canyon test along

the entire Racetrack

Trend (1.25 g/t over

10.7m)Untested to

Secret Canyon

Shale, structural

intersection

zone

Sparsely tested

min trend

between WFZ

and Secret Spot

Secret Canyon

Shale is

untested in this

area

Claim Boundary

Simplified structural map and drilled mineralization, looking downHigh potential target map

NKinsley Mountain Exploration Potential Overview

Near Mine Focus on Untested Secret Canyon Shale Adjacent to the Large Structural

Controls

• The majority of drilling expenditure from 2011-2019 has been drilling out the Western Flank

Zone resource with tightly-spaced diamond core holes (mostly in 2014)

• 2015-2019 programs consisted of a small number of RC drill holes, stepping out on the WFZ

resource, and testing a few satellite targets

• Follow-up drilling on satellite targets has been limited by budgetary constraints

• A larger budget would allow for road construction into the more promising target zones, and

more persistent drilling to fully define the mineralization

Kinsley Mountain

Page 30: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

30

As-in-soils

Op

(Pogonip

Group)

Cnp

(Notch Peak

limestone)

NNE-striking

normal faults

Low-angle

detachment

fault

West side

As

lineament

anomaly

As

anomalies

and NNE

normal

faults

Surface Geology

Kinsley Mountain Exploration

Potential Overview

Kinsley North – Encouraging Surface

Geochemistry and Structural Patterns

• The pattern of significant, NW-striking

structures continues to the north end of

the range

• The surface is underlain by Pogonip

Group rocks, which overlie the Notch

Peak Limestone

• No drilling has been done on these

targets, but several access roads and drill

sites are permitted and ready to go

• Target horizons in the KN area include

the Dunderberg Shale, and the Pogonip-

Notch Peak contact (same host horizon

as Long Canyon)

• NNE-striking normal faults influence Au

and As in soil sample grids on the east

side of the range

• A significant, untested lineament of As-in-

soils on the west side of the range

coincides with low angle structures

Kinsley Mountain

Page 31: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

31

Kinsley Mountain

Pediment

Intersectio

n

Big Bend

Secret

Spot

Western Flank

Zone

Historic pits

and shallow

resource area

4

holes,

1600m

2 holes,

800m

3 holes,

1300m2 holes,

900m

Racetrack

Exploration Targets at Kinsley Mountain

Focus on high grade, Secret Canyon Shale-hosted

Mineralization

Targets have been approved by Dr. Moira Smith, B.Sc. PH.D.,P.GEO

Page 32: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

32

32

BOLOH i g h G r a d e C a r l i n - T y p e D e p o s i t

Page 33: PowerPoint Presentation · corporate development for Advantage Lithium Corp (TSXV:AAL) which was acquired by producing lithium company Orocobre for $66 million on February 18, 2020

33

Troy Canyon ClaimsA s t r a t e g i c a c q u i s i t i o n c l o s e t o B o l o