Gold exploitation in the Wawa Gold Camp Ontario Canada SAFE HARBOUR STATEMENT The information set forth in this document contains forwardlooking statements Statements in this document which are not purely historical are forwardlooking and include statements regarding belie ID: 791659
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WAWA-HOLDSWORTH PROJECT
Gold exploitation in the Wawa Gold Camp, Ontario, Canada
Slide2SAFE HARBOUR STATEMENT
The information set forth in this document contains
“
forward-looking statements
”. Statements in this document, which are not purely historical, are forward-looking and include statements regarding beliefs, plans, expectations or intentions regarding the future.Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as “estimate,” “anticipate,” “believe,” “plan”, “intend”, “expect”, “may” or “should” or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with the impact of general economic conditions in countries in which the Company conducts business, the impact of competitive products and pricing, product demand and market acceptance, new product development, the continuation and development of key customer and supplier relationships, and the availability of high quality, qualified personnel and management.Other risks include but are not limited to factors affecting development and expansion activities generally including access to capital to meet all of the Company’s financial requirements, and the Company’s ability to control costs. There can be no assurance that the company’s efforts will succeed and the Company will ultimately achieve sustained commercial success. These forward looking statements are made as of the date of this document, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this document are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.This information contained in the document has been prepared by management of the company who takes full responsibility for its contents. This document shall not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company in any jurisdiction.
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Slide3WHY INVEST IN MACDONALD MINES?
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QUICK TO PRODUCTION
Near-term precious metals exploitation of oxide sands at the Wawa-
Holdsworth project will provide cash flowPotential for a large gold system at the Wawa-Holdsworth projectDistrict player in the Wawa gold camp
Slide4CAPITAL STRUCTURE
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BMK: TSX-V
Market capitalization
$7.88 MCommon shares outstanding71.71 M
Warrants
23.96 M
Options
3.83 M
Fully diluted shares
99.5 M
Recent share
price (Dec. 6, 2017)
$0.11
52-week high-low
$0.275 - $0.05
Slide5IMPORTANT DISTRICT PLAYER
in the Wawa Gold
Camp – excellent jurisdiction in
ontario
, canada5
Slide6WAWA-HOLDSWORTH LAND PACKAGE
100%
ownership
1142
acres20 km NE of Wawa, Ontario, in Corbiere and Esquega TownshipsClose to key infrastructure (rail, road, power, qualified workforce)Easily accessed by public road and short ATV ride6
Slide7PROPERTY GEOLOGY
All the geological attributes to host a large gold system – 500
m deformation
corridor to trap gold (Iron formation, mafic volcanic rocks, gabbroic intrusions
)7500m-wide DeformationCorridor
Slide8HOLDSWORTH GOLD ZONES
Three styles of gold mineralization within the 500 m-wide deformation corridor
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Auriferous and
pyritized Algoma-type Iron FormationAnd Oxide Sands ZonesSoocana Vein System (Lode gold)Golden Goose Shear Zone (Lode gold – BMK discovery)Pyritized Algoma-type Iron Formation with possible Oxide Sands Zones
Slide9HOLDSWORTH GOLD ZONES
Primary gold, silver and other precious metals target for near term production
Believed to represent the oxidized cap of a precious metals-rich shear zone
Likely extend 1.8
km along strike and to a depth of 8 m as indicated by MaxMin Survey (July 6, 2017 News Release)9OXIDE SANDS
Slide10OXIDE SANDS
Trenching uncovered high-grade precious metals zones - assays up to 8.93 g/t
AuEq
Sonic drilling
program completed to quantify the thickness and vertical distribution of the precious metals – Preliminary assays up to 7.82g/t gold over 3.23 m10Oxide SandsOverburden
Slide11OXIDE SANDS PROCESSING
Loose, unconsolidated material can be extracted as an aggregatePositive preliminary metallurgical results:
The concentration ratio of gold in rougher flotation averaged 6.0:1
The concentration ratio of silver in rougher flotation averaged 5.2:1
Reduction of feed volume in rougher flotation by approximately 85-90%The Oxide Sands can be processed by a simple crushing/flotation processNo caustic treatments are necessaryThe processing will require low power requirementsThe waste material is inert (>70 percent silica/quartz)11
Slide12Algoma-type
Iron Formation
HOLDSWORTH GOLD
ZONES
Underlie the Oxide Sands Believed to be the source of the Oxide SandsGold Potential as evidenced by historic drilling:12AURIFEROUS AND PYRITE-RICH ALGOMA-TYPE IRON FORMATIONCompanyHole NoFrom (m)
To
(
m)
Length (m)*
Grade
(
g/t gold)
Reed Lake Exploration Ltd.
88-R23
119.2
121.332.13
1.06
88-R26
25.9
32
6.1
1.23
88-R26
35
37.1
2.1
1.4
88-R27
42.4
48.2
5.8
1.13
Falconbridge Nickel Mines Ltd
OR-5
89.5
92
2.5
2.26
Slide13HOLDSWORTH GOLD ZONES
Golden Goose Discovery Grab samples contain
11.85
g/t and 2.98 g/t gold*
Soocana Vein System Grab sample from quartz-tourmaline vein contains 34.9 g/t gold*13LODE GOLD MINERALIZATION*Grab samples are selective and may not represent the true mineralization of the prospect
Slide14REed Booth Showing
Adjacent to showing, collected grab sample* contains
13.7
g/t gold
Grab samples* containing 4.77 g/t and 6.0 g/t gold collected from float at the main Reed-Booth showing14*Grab samples are selective and may not represent the true mineralization of the prospect
Slide15UPCOMING CATALYSTS
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REMAINING SONIC DRILLING ASSAYS PENDING
43-101 INFERRED RESOURCE ESTIMATION OF OXIDE SANDS WILL BE INITIATED ONCE ALL RESULTS ARE RECEIVED
Slide16WHY INVEST IN MACDONALD MINES?
The Company’s near-term exploration program is focused on the Oxide
S
ands
The Wawa-Holdsworth Project has the potential to host a large gold system:Many gold showings with diversified mineralization styles occur in a 500 metre-wide deformation corridorThe geological setting and size of the deformation zone is comparable to Alamos’ Island Gold deposit and Argonaut’s Magino deposit (together > 5 million ounces gold)There is longer term potential associated with the lode gold mineralization on the property16The Project is ideally positioned for exploitation - roads, rail, regional airport, high voltage power lines, and water are in close proximity
MacDonald Mines has the technical expertise, experience and tools to successfully develop the property
Slide17PROVEN TEAM
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QUENTIN YARIE,
P.Geo
.President and CEOMalartic Mine discovery; Noront’s Nickel Deposit discovery; KWG Chromite deposit discoveryCRAIG SCHERBA, P.Geo. VP ExplorationNevsun Resources’ Bisha Project discovery; NextSource Materials’ Molo Graphite Project discoveryJEAN-FRANÇOIS MONTREUIL, Ph.D.Chief Geologist>8 years of experience defining complex hydrothermal systems related to base-metals, gold and uranium deposits
in Canada
CONRAD DIX, B.Sc.
Senior Project Manager
>20 years multifaceted mineral exploration expertise Glencore-Raglan
Slide18BOARD OF DIRECTORS
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TARA GILFILLAN, CPA, CA
Finance executive with > 20 years experience, Corporate Development at Merit Consultants International Inc.
QUENTIN YARIE, P.Geo.Malartic Mine discovery; Noront’s Nickel Deposit discovery; KWG Chromite deposit discoveryGORDON MCKINNONSuccessful businessman, President, CEO and Director of Canadian Orebodies Inc.KEVIN TANAS, P.Eng.>18 years experience in mine design and planning; VP Business Development – North America, at RPMGlobal
Slide19TECHNICAL ADVISORY COMMITTEE
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MACKENZIE WATSON,
P.Geo
. P.Eng.> 50 years experience in the exploration, development, and mining industry; involved in the discovery of numerous mineral deposits in Canada; Mining Hall of Fame inducteeDR. JAMES FRANKLIN, FRSC, P.Geo.World renowned researcher with >40 years expertise in gold deposits; former Director of the Geological Survey of Canada; past President of both the Geological Association of Canada and the Society of Economic GeologistsDR. JEAN-PHILIPPE DESROCHERS, P.Geo.>20 years experience in mineral exploration; former VP Exploration at Eagle Hill; Osisko Mining Windfall discoveryHADYN BUTLER, Ph.D., P.Eng.>50 years experience with proven success in mineral exploration
Slide2020
Mia
Boiridy
Investor Relations
mboiridy@macdonaldmines.com145 Wellington Street West, Suite 1001Toronto, Ontario, Canada M5J 1H8T: 1 416 364-4986F: 1 416 364-2753www.macdonaldmines.com
Slide21APPENDIX A
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EM
Survey of THE Oxide Sands