BRABANT CAMP IN PERSPECTIVE: Geometric Distribution of VMS Resources at Mining Camp Scale I - Archean-Proterozoic Camps Survey

Transcription

1 Trading Symbol: MUR BRABANT CAMP IN PERSPECTIVE: Geometric Distribution of VMS Resources at Mining Camp Scale I - Archean-Proterozoic Camps Survey Toronto May, King Street East, Suite 810, Toronto, Ontario, Canada M5C 1C4 Phone: Fax: Info@murchisonminerals.com

2 Cautionary Statement 2 These statements, maps and models in this presentation are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. In certain cases, forward-looking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Forward-looking information contained in this presentation is based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and mineral reserves, the realization of resource estimates and reserve estimates, metal prices, the timing and amount of future exploration and development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs, the availability of necessary financing and materials to continue to explore and develop the Murchison project in the short and long-term, the progress of exploration and development activities, the receipt of necessary regulatory approvals, the completion of the environmental assessment process, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not commence at the Murchison project, risks relating to variations in mineral resources and mineral reserves, grade or recovery rates resulting from current exploration and development activities, risks relating to changes in metal prices and the worldwide demand for and supply of base and precious metals, risks related to increased competition in the mining industry generally, risks related to current global financial conditions, uncertainties inherent in the estimation of mineral resources and mineral reserves, access and supply risks, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the development process, regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, including the risk that the financing necessary to fund the exploration and development activities at the Murchison project may not be available on satisfactory terms, or at all, risks related to disputes concerning property titles and interest, and environmental risks. The Company does not undertake to update any forward-looking information that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws. Qualified Person William E. Stone, P.Geo., Independent Consultant, is the Qualified Person as defined in NI that reviewed and approved the technical information contained in this presentation.

3 3 Introduction How best to assess exploration upside of the Brabant base metal massive sulphide property in the La Ronge Belt of the Trans-Hudsonian Orogeny? Comparison to world-class base metal camps elsewhere in Canada Many base metal camps have a single very large deposit (Tier 1), several order-of-magnitude smaller deposits (Tier 2-3), and then a large number of very small background (Tier 4) deposits What does this analysis reveal about the exploration upside in the La Ronge Belt? Possibly for exploration of the Brabant Property?

4 Noranda VMS Camp 4 250,000, ,000, ,000, ,000,000 Resource (t) Deposit 50,000, Plot of Deposit vs Resource tonnage for 25 deposits in the Archean Noranda Mining Camp, Quebec Deposits ordered from left to right along the X-axis by size of each mineral resource The geometric distribution of a single very large deposit (Deposit 1 = Horne) followed by significantly smaller deposits is common in world-class VMS mining camps

5 5 Manitouwadge VMS Camp Plot of Deposit vs Resource tonnage for 3 deposits in the Archean Manitouwadge mining camp, ON Deposits are ordered from left to right along the X-axis by deceasing mineral resource size The geometric distribution of a single very large deposit (1 = Geco deposit) followed by significantly smaller deposits is common in world-class VMS mining camps

6 6 Bathurst VMS Camp 250,000, ,000, ,000, ,000,000 Resource (t) Deposit 50,000, Plot of Deposit versus Resource tonnage for 45 deposits in the Paleozoic Bathurst Mining Camp, NB Deposits are ordered from left to right along the X-axis by decreasing mineral resource size The geometric distribution of a single very large deposit (Deposit 1 = Brunswick 12) followed by significantly smaller deposits is common in world-class VMS mining camps

7 7 Flin Flon VMS Camp 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 Resource (t) Deposit 20,000,000 10,000, Plot of Deposit versus Resource tonnage for 18 deposits in the Paleo-Proterozoic Flin Flon VMS Mining Camp, Manitoba Deposits ordered from left to right along the X-axis by decreasing mineral resource size The geometric distribution of a single very large deposit (Deposit 1 = Flin Flon deposit) followed by significantly smaller deposits is common in world-class VMS mining camps

8 8 La Ronge Belt? Plot of Deposit versus Resource tonnage for 4 deposits in the Paleo-Proterozoic La Ronge Belt of the Trans- Hudsonian orogeny, Saskatchewan Deposits ordered from left to right along the X-axis by decreasing mineral resource size (3=Brabant deposit) The geometric distribution of deposit resources suggests that a very large deposit is absent from the dataset and, by analogy to the Noranda, Bathurst and Flin Flon camps, remains to be discovered in La Ronge Belt, possibly at Brabant.

9 9 Closing Comments Murchison plan exploration for discovery of a major base metal VMS deposit at its 100% owned Brabant property in Saskatchewan But where to focus exploration on the property? Apply results of winter 2015 EM re-interpretation study to guide drilling

10 Contact 10 President & CEO: J.C. Potvin T: CFO: Erik Martin T: Address: 18 King Street East, Suite 810, Suite 810, 18 King Street East, Toronto, Ontario, M5C 1C4 Website: