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Q1 2020 - Investor Presentation

Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

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Page 1: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

Q 1 2 0 2 0 - I n v e s t o r P r e s e n t a t i o n

Page 2: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

constitute “forward-looking statements“. All statements that are not historical facts, including

without limitation statements regarding future estimates, plans, objectives, assumptions or

expectations of future performance are “forward-looking statements“. We caution you that such

“forward-looking statements” involve known and unknown risks and uncertainties that could cause

actual results and future events to differ materially from those anticipated in such statements. Such

risks and uncertainties include fluctuations in metal prices, unpredictable results of exploration,

uncertainties inherent in the estimation of mineral resources and reserves, fluctuations in the costs

of goods and services, problems associated with exploration and mining operations, changes in

legal, social or political conditions in the jurisdictions where the company operates, lack of

appropriate funding and other risk factors. There can be no assurance that such “forward-looking

statements” will prove to be accurate. Potential investors should conduct their own investigation as

to the suitability of investing in securities of the company. Genesis Metals Corp. undertakes no

obligation to update any “forward-looking statements”. We seek Safe Harbour.

*Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into

Mineral Reserves. The estimate of Mineral Resources may be materially affected by environmental,

permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. The CIM

definitions were followed for the classification of Indicated and Inferred Mineral Resources. The

quantity and grade of reported Inferred Mineral Resources in this estimation are uncertain in nature

and there has been insufficient exploration to define these Inferred Mineral Resources as an

Indicated Mineral Resource and it is uncertain if further exploration will result in upgrading them to

an Indicated Mineral Resource category.

The contents of this presentation have been reviewed and approved Mr. André Liboiron P.Geo.,

Project Manager for the Company and a Qualified Person as defined in National Instrument 43-101.

FORWARDLOOKINGSTATEMENTS

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Page 3: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

HIGHLIGHTS

Member of the Discovery Group of Companies

Quebec – Top tier Mining Jurisdiction

Current NI 43-101 Resource as of February 2019

Potential for new high-grade discoveries on 275km2 Chevrier Project

Chevrier Gold Deposits are open for expansion with high-grade areas not systematically targeted to date

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HIGHLIGHTS

Page 4: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS4

Page 5: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS5

Northern Empire acquired for $117M

by Coeur Mining

Acquired for $520M by Goldcorp

Recent Transactions

Page 6: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

ADRIAN FLEMING, P.Geo.CHAIRMAN and DIRECTOR

• Former Director of Northern Empire Resources acquired by Coeur Mining;

Former CEO of Underworld Resources, acquired by Kinross Gold for $138M in

June 2010

• Former Exploration Manager for Placer Dome in Sydney, VP of Exploration for

Golden Star and Miramar Mining

DAVID TERRY, PhD., P. Geo.CEO, PRESIDENT and DIRECTOR

• Professional economic geologist with +25 years of international experience

• Key roles in successful discovery/acquisition, exploration and development of a

number of precious and base metal deposits, primarily in North and South

America

• Director of Great Bear Resources, Golden Arrow Resources, and Aftermath Silver

JEFF SUNDAREXECUTIVE DIRECTOR

• Former Director of Northern Empire Resources acquired by Coeur Mining for

$117M in October 2018

• Former Director and VP of Underworld Resources, acquired by Kinross Gold

for $138M in June 2010

ANDRÉ LIBOIRON P.Geo.CHEVRIER PROJECT MANAGER

• Quebec-based geologist with 26+ years of experience within Quebec

and internationally.

• Extensive experience in managing exploration projects, logistics and reporting

ROBERT SCOTT, CPA, CA,CFAINDEPENDENT DIRECTOR

• Chief Financial Officer of Great Bear Resources, CFO of Riverside Resources

Inc.

• Over 10 years of experience with TSX.V listed issuers, serving in officer and

director capacities.

JOHN FLOREK, P.GEOINDEPENDENT DIRECTOR

• Geologist with over 20 years of experience in exploration and development

• Former Sr. Geologist with Barrick Gold at Hemlo Mines and Placer Dome in Red

Lake

KEENAN HOHOL, J.D.INDEPENDENT DIRECTOR

• Former General Counsel of Pan American Silver Corp and BHP Billiton

• Over 20 years of international legal, commercial advisory and mgmt. experience

STEVE WILLIAMS MBA, P.Eng.INDEPENDENT DIRECTOR

• Current VP of Bluestone Resources

• Former Director of Investment Banking for Canaccord Capital

MANAGEMENT AND DIRECTORS

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TSX.V:GIS

JOHN ROBINS, P. GEOSTRATEGIC ADVISOR

• Former Director of Kaminak Gold acquired by Goldcorp for $500 Million

• Former Director of Northern Empire Resources acquired by Coeur Mining

• Strategic Advisor to Great Bear Resources

JIM PATERSONSTRATEGIC ADVISOR

• Former Director of Kaminak Gold acquired by Goldcorp for $500 Million

• Former Director of Northern Empire Resources acquired by Coeur Mining

• Strategic Advisor to Great Bear Resources

ROB CARPENTER, Ph.D.STRATEGIC ADVISOR

• Former CEO and co-founder of Kaminak Gold 2005 to 2013

• Director of White Gold Corp

ANDREW RAMCHARAN, Ph.D.STRATEGIC ADVISOR

• Former IAMGOLD Executive focused on M&A

• Former Managing Director of Project Evaluation at Sprott Inc

GARRETT AINSWORTHSTRATEGIC ADVISOR

• Former VP Exploration of NexGen Energy 2014- 2018

• Co-recipient of the PDAC Bill Dennis Award 2018 for the discovery and

development of the Arrow Deposit.

• Co-recipient of the AME BC Colin Spence Award in 2013. For the discovery of

the Patterson Lake South Project

ÉRIC LEMIEUX, MSC, P. GEOSTRATEGIC ADVISOR

• Former mining analyst at Laurentian Bank Securities in Montreal

• Former technical advisor with PearTree Securities

STRATEGIC ADVISORS

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Page 8: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

CORPORATE STRUCTURE

SymbolTSX.V – GISOTCQB – GGISF

Shares Outstanding 41,681,569

Fully Diluted 57,016,001

Stock Options 3,800,000

Warrants 11,534,432

Management and Advisors

16%

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Major Shareholders

Eric SprottCommodity Capital AGGold 2000Delbrook CapitalUS Global InvestorsSIDEX/SDBJ/FTQManagement and AdvisorsRetail

Retail50%

Delbrook

Eric Sprott

US Global

SIDEX/SDBJ/FTQ

Commodity Capital AGGold 2000Management

& Advisors16%

Shareholders

Page 9: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

ABITIBI GREENSTONE BELT

OVER 170 Moz OF GOLD PRODUCTION

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Page 10: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

HIGHLIGHTS

CHEVRIER PROJECT

35km SW of Chibougamau, Quebec with excellent infrastructure

Covers 15km of gold-endowed Fancamp Deformation Zone

Chevrier Deposit Indicated Resource: 395,000 ounces of gold averaging 1.45 g/t Au at

Chevrier Deposit Inferred Resource:297,000 ounces of gold averaging 1.33 g/t Au

Potential to expand tonnage and GRADE of existing resources

Opportunity to identify new high-grade discoveries

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Page 11: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS11

CHEVRIER GOLD DEPOSIT LOCATION

EXCELLENT ACCESS AND INFRASTRUCTURE:

• Power-Line• Airport• Regional road• Main forestry road• Mining friendly area

Page 12: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS12

CHIBOUGAMAU MINING DISTRICT

OVER 6.7 MILLION OUNCES OF HISTORICAL GOLD PRODUCTION

Chevrier Property expanded to 275

square km

Page 13: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

CHEVRIER Current NI 43-101 Mineral Resource Estimate*

Price of gold $1400

CAD:USD Exchange rate 1.25

Open Pit Mining Cost (per ton) $2.20

Processing Cost (per ton) $12.00

G&A Cost (per ton) $2.50

Mill Recovery 95%

Pit Slope (degrees) 50

Pit Constrained and Underground Resource Assumptions; $US

Zone Resource Category TonnesGrade

(g/t gold)Cut-off

(g/t Gold)

Contained Gold (oz)

Main Zone

Open PitIndicated 6,602,000 1.39 0.50 295,000

Inferred 1.294,000 1.35 0.50 56,000

East ZoneOpen Pit Inferred 311,000 1.53 0.50 15,000

*NI 43-101 Report for Chevrier Property, March 21, 2019 by A. Beauregard P.Geo., D. Gaudreault, P.Eng., M. Jutras P.Eng., and R. Banville P.Eng.

Page 14: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

• 2.94 g/t Au Over 58.70 m in hole GM-17-09 (from 74.6 meters downhole) • 1.93 g/t Au over 43 m in hole GM-17-15 (from 49.6 meters downhole)• 1.89 g/t Au over 38.4 in hole GM-17-20 (from 95 meters downhole)• 1.23 g/t Au over 24.45 in hole GM-17-22 (from 19.5 meters downhole)• 1.06 g/t Au over 27.55 in hole GM-17-16 (from 112 meters downhole)

• 8.73 g/t Au over 21.35 m in hole GM-17-42 (from 107 meters downhole)• 5.06 g/t Au over 8.45 m in hole GM-17-41 (from 108.2 meters downhole)• 4.47 g/t Au over 12.45 m in hole GM-17-46 (from 19.35 meters downhole)• 4.26 g/t Au over 19.40 m in hole GM-17-48 (from 67.3 meters downhole)• 3.59 g/t Au over 22.60 m in hole GM-17-42 (from 13.4 meters downhole)• 1.04 g/t Au over 50.05 m in hole GM-17-44 (from 109 meters downhole)

*(Core lengths are shown. True length is calculated to be 65% of core lengths)

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HIGHLIGHTS FROM MAIN ZONE 2017 DRILLING

Phase 1

Phase 2

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TSX.V:GIS13

PLAN VIEW SHOWING MINERALIZED ZONES

Oblique Plan View: Main

Zone

Plan View: Main Zone Block Model

A

A1

B1

CB

X

X1

Page 16: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

CHEVRIER MAIN ZONE LONG SECTION(MAIN A1 VEIN – BLOCK MODEL)

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Open to depth

400 m

200 m

0 m

-200 m

200 m0

X X1

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CHEVRIER PROPERTY GOLD GRADES

Top 20 Gold Intercepts (Grade x Thickness)

Drill Hole From To Interval Gold Grade xID (m) (m) (m)* (g/t) Thickness

GM-17-42 110.00 113.00 3.00 37.97 113.90GM-17-09 109.10 114.90 5.80 15.04 87.25DO-35 227.25 229.00 1.75 44.06 77.10DO-31 373.70 378.00 4.30 13.72 58.98GDO-183 2.89 6.86 3.97 13.80 54.80GDO-157 171.00 174.00 3.00 17.17 51.52GM-17-42 126.00 127.90 1.90 24.52 46.59DB-70 344.85 346.35 1.50 24.97 37.46GM-17-44 204.35 208.90 4.55 8.19 37.25GDO-155 121.50 126.40 4.90 7.50 36.73FA-51 186.10 189.50 3.40 10.65 36.22GM-17-48 77.00 80.40 3.40 10.18 34.61GFA-201 97.25 100.75 3.50 8.98 31.41GM-17-42 14.60 18.50 3.90 7.92 30.90GFA-153 216.55 219.40 2.85 10.63 30.28DO-05 64.35 68.05 3.70 8.00 29.59GM-17-46 21.00 23.60 2.60 11.20 29.11GM-17-48 72.60 75.00 2.40 11.63 27.92GM-17-41 151.25 155.45 4.20 6.43 27.01GDO-198 69.94 72.87 2.93 8.64 25.32

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*(Core lengths are shown. True length is calculated to be 65% of core lengths)

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TSX.V:GIS

CHEVRIER PROPERTY TARGETS RANKED• 23 Gold Targets Identified• 8 High Priority• Parallel Break Unconstrained Upside• 20 Kilometers of untested potential

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Page 19: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

MILESTONES AND PRIORITIES FOR CHEVRIER PROJECT

2017 2018

• 10,000 Meters of Drilling Completed

• Drilling Main Zone

• Drilling New targets

• Prospecting and new target generation

• Phase 2 assays announced

• Interpretation and modeling of drill results

• Relogging of 20 historical drill holes

• Surface Program

• Geophysics

• Updated 43-101 Resource

• Detailed technical review

• Property wide till sampling

• Till anomaly follow up

Q3/Q4 Q1-Q4

17

Q1-Q4 Q1-Q4

New 43-101 Resource Q1 2019

2019

• Drill target definition

• Drilling; till targets and Main Zone

2020

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TSX.V:GIS18

OCTOBER GOLD PROPERTY

• 100% Genesis Metals

• Southwest Abitibi is the least explored portion of the region

• October Gold Property is located in the Southern SwayzeGreenstone Belt covering what is considered to be the Western extension of the Cadillac-Larder Lake Break

• Over 62 Moz Gold produced along break

• Newly emerging gold camp

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TSX.V:GIS19

OCTOBER GOLD PROPERTY

100% OWNED BY GENESIS METALS

• On trend with Newmont Corporation’s Borden Gold mine and IAMGOLD Corporation’s Cote Lake deposit

• Probe Mines Limited acquired by Goldcorp Inc. for $C526 million in March 2015

• Trelawney Mining and Exploration Inc. acquired by IAMGOLD Corporation for $C585 million in June 2012

• 200km2 October Gold Property straddles the Ridout Deformation Zone

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TSX.V:GIS20

OCTOBER GOLD PROPERTY

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TSX.V:GIS

WHY INVEST IN GENESIS?

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• Proven management team, recently expanded experienced technical team with track record of success

• Gold endowed at belt (Abitibi), Camp (FancampDeformation Zone) and Project (Chevrier) scales

• High-grade gold component to current resource was not the focus of historical exploration

• Excellent infrastructure (road, rail power, skilled labour force) with local First Nations and Community support

• Large land position with existing gold resource open to expansion and additional potential for new high-grade discoveries

Chevrier Drilling, 2017

High Grade Quartz-Tourmaline Veins at Chevrier – similar veins occur in Red Lake, Ontario.

High Grade Quartz-Carbonate Veins:15.04 g/t Au over 5.8 m in hole GM-17-09

Page 24: Q1 2020 - Investor Presentation€¦ · Q1 2020 - Investor Presentation. TSX.V:GIS Certain statements contained in this presentation regarding Genesis Metals Corp. and its activities

TSX.V:GIS

CONTACT

GENESIS METALS CORP.Suite 1020 – 800 West PenderVancouver, British Columbia V6C 2V6CANADA

Dr. David Terry, President and CEO

Telephone: 604.551.2801Email: [email protected]

Jeff Sundar, Executive Director

Telephone: 604.646.8356Email: [email protected]

www.genesismetalscorp.com

TSX.V - GIS

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