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EXCLUSIVELY GOLD, EXCLUSIVELY KIRKLAND LAKE
FORWARD LOOKING STATEMENTS
We are in the mineral exploration and development business. It is inherently risky, and all potential investors should be keenly aware of this.
This presentation contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that Orefinders Inc. believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Orefinders Inc.’s ability to control or predict, that may cause the actual results of the project to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with Orefinders Inc.’s expectations, changes in world gold markets and other risks disclosed to the Canadian provincial securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Orefinders Inc. disclaims any intent or obligation to update any forward-looking statement. All currency numbers
are in $CAD unless otherwise stated.
Orefinders treats all technical reports, NI 43-101 or otherwise, as historical in nature unless is it is commissioned and overseen by Orefinders.
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CORPORATE UPDATE
• $2M financing in February-March 2020 led by Eric Sprott
• Major Shareholders: • Eric Sprott
• Osisko Gold Royalties
• All projects are permitted and ready for work
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OREFINDERS’ KIRKLAND LAKE FOCUS
OMEGA
PROPERTY
Orefinders
Resources
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KIRKLAND LAKE CONSOLIDATION
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*
1 Agnico Eagle. Mineral Reserves and Resource Table (Dec 31, 2018)2 Resource Estimate on the Past Producing Omega Mine (published on www.sedar.ca on 10 July 2013)* See note on historical resources (Slide 2)
*
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KIRKLAND LAKE PORTFOLIO: ~1 MILLION OUNCES
Omega ProjectIndicated: 219.8 Koz @ 1.39 gptInferred: 365.4 Koz @ 2.43 gpt
Distance to McGarry: 5KM
Orefinders owns 24% of Mistango River Resources
Mirado Project
2013 Resource EstimateInferred: 442.0 Koz @ 1.29 gpt
Distance to McGarry: 15KM
Larder Lake
Virginiatown
McGarry ProjectIndicated: 123 Koz @ 8.57 gpt
Inferred: 30 Koz @ 5.83 gpt
Current InfrastructureHead Frame, Hoist, Shaft, Power Station,
Core Facility, Tailings Facility
VisionCentralized Mill to Process Ore from
McGarry, Barber Larder, Omega, Mirado
61 Resource Estimate on the Past Producing Omega Mine (published on www.sedar.ca on 10 July 2013)* See note on historical resources (Slide 2)
*
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KIRKLAND WEST: KNIGHT PROJECT
Juby Resource EstimateIndicated: 26,600,000 tonnes @ 1.28 gpt goldInferred: 96,200,000 tonnes @ 0.94 gpt goldTotal ounces: 4.0 million
Knight Project Summary
• Minto, a high-grade gold in breccia pipe
• 18.2 gpt gold over 65.7m • 13.3 gpt gold over 82.5m
• Tyranite, a past producer with significant infrastructure in place
• Porphyry Lake, with similar geology to that of Minto and Juby
• Duggan, with similar geological setting as Tyranite—high-grade, with open pit potential
Sudbury
120km
Kirkland Lake100km
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1 Updated Mineral Resource Estimate for the Juby Gold Project (effective date February 24, 2014)* See note on historical resources (Slide 2)
KNIGHT PROJECT – 3 TARGETS IN A LARGE GOLD SYSTEM
Juby Resource EstimateIndicated: 26,600,000 tonnes @ 1.28 gpt goldInferred: 96,200,000 tonnes @ 0.94 gpt goldTotal ounces: 4.0 million
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1. Porphyry Lake - High priority untested drill target• 300m long x 250m wide• High chargeability, low
resistivity anomaly• Confirmed on 3 IP lines• Possible mineralized porphyry
core of gold-rich alteration system
• Never been drill tested
2. Tyranite Mine• New Interpretation of
Mineralization• Never been drill tested
3. More Minto Pipes• New Breccia Pipe Targets
similar to Minto• Never been drill tested
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2
3
100km
1. MAJOR ANOMALY UNDER PORPHYRY LAKE
• Large gold alteration/mineralization system centered on Porphyry Lake
• Multiple significant gold intersections surrounding Porphyry Lake Target –but target itself has never been drilled
• Major untested IP high chargeability/low resistivity anomaly over 300m long by 250m wide under Porphyry Lake.
PRIORITY IP TARGET AT PORPHYRY LAKE
N Tyranite
Duggan
MintoPorphyry
Lake
Legend
Major IP Anomaly
Knight Gold Property
Historical Drill Hole
Hole ID Intersection
PL-3 36.1 gpt over 1.5m from 29.5m and1.58 gpt over 25.5m from 65.5m
PL-04-02 0.63 gpt over 28.0m from 20.0m
PL-11-01 4.01 gpt over 3.0m from 211.4m
PL-7 7.90 gpt over 1.5m from 168.5m
PL-2 2.33 gpt over 1.1m from 58.9m
PL-11 0.70 gpt over 1.5m from 48.0m
PL-17-02 1.53 gpt over 0.5m from 24.6m
PL-17-03 0.57 gpt over 1.3m from 64.4m
PL-17-01 0.52 gpt over 0.9m from 106.9m
Porphyry Lake
N
IP Anomaly Target
IP Anomaly Target Beneath Porphyry Lake
Porphyry Lake IP Anomaly TargetWell developed high chargeability, low
resistivity anomaly, 250m wide and 300m long and confirmed on 2 additional lines to south. Possible mineralized porphyry core of gold-
rich alteration system. High priority untested drill target can be drilled.
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2. NEW INTERPRETATION AT TYRANITE
Focus on the Contact Zones of the Ultramafics
• 3D inversion of magnetic survey allowed us to redefine geological model
• Tyranite was interpreted and mined as a simple ‘Fault’ style deposit
• New Interpretation is focused on the contact zones of the ultramafic units striking at right angles to the fault.
• Tyranite has never been drilled using this specific model/interpretation
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POTENTIAL NEW MINERALIZATION AT TYRANITE
N
TyraniteDuggan
Minto
Porphyry Lake
Legend
Longitudinal Section
Knight Gold Property
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NEW INTERPRETATION AT TYRANITE
Longitudinal section of Tyranite looking East
High priority target
Other target
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Grade (gpt)
Length (m)
10.0 14.6
8.8 8.9
6.3 8.8
4.5 8.5
4.3 5.8
4.1 19.5
4.1 5.8
3.8 16.4
3.8 13.0
HIGH GRADE INTERSECTIONS AT TYRANITE
3. NEW MINTO-STYLE TARGETS DISCOVERED
• High priority targets identified via reprocessing high-resolution magnetic survey using Minto discovery as a reference
• New survey shows three dozen similar point like magnetic anomalies within the same formation that hosts Minto and Porphyry Lake systems
• Ground sampling on all targets confirmed 10 targets for follow up IP surveying (Minto breccia responds to IP geophysics)
• Any anomalous targets from IP surveying will be drill tested
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Minto-Type Targets and Proposed IP Survey Lines
Minto
TyraniteDuggan
Porphyry Lake
Legend
Minto-type Targets
Knight Gold Property
Minto Breccia PipeIP Survey Lines
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Grade (gpt) Length (m)
18.2 65.7
16.5 33.4
13.3 82.5
10.3 9.4
8.7 11.6
7.5 79.9
6.6 18.5
5.5 6.9
5.0 36.8
4.2 47.2
4.0 37.6
2.8 18.2
2.3 41.6
2.1 24.4
HIGH GRADE INTERSECTIONS AT MINTO
Strategic Investments
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MISTANGO & OREFINDERS: KEY LAND POSITIONS IN KIRKLAND LAKE
Orefinders owns 24% of Mistango River Resources (MIS: TSXV) and comprise Mistango’s Board of Directors
EBY-BALDWIN: WHERE THE “BREAKS” COME TOGETHER
• The Main Break is considered the most important gold hosting structure at Macassa and the Amalgamated Break is a key structural control for Macassa’s South Mine Complex
• All Structures as well as the prolific Cadillac-Larder Lake Break and Kirana Break converge at Eby-Baldwin
• Mistango will conduct significant drilling on these structures to further understand structural controls on known mineralization on the property
PACIFIC PRECIOUS – 32% Ownership
• Pacific Precious will be spun out from Orefinders in early 2020 in a Going Public Transaction
• Orefinders Plans to dividend out shares of Pacific Precious directly to Orefinders shareholders
• Pacific Precious Milestones:• Completion of Maiden NI 43-101 Report Complete• Audit Underway• Going Public/Spin Out/Dividend to ORX Shareholders Q1/Q2 2020
Trenching28.6 gpt gold over 1.5 metres1.56 gpt gold over 7.0 metres4.53 gpt gold over 1.5 metres
Surface Sampling238.0 gpt gold43.5 gpt gold41.0 gpt gold
31.6 gpt gold29.9 gpt gold25.5 gpt gold
Results to Date from 5.5km long Gold Corridor:
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Pacific Precious owns the Kuta Ridge Gold Project in Papua New Guinea along the prolific New Guinea Mobile Belt, which hosts major successful gold mines including Porgera (11.5 Moz) and Kainantu (2.4 Moz)
ARTISANAL MINING ALONG GOLD CORRIDOR
Pacific Precious: Artisanal miners currently still panning for alluvial gold along the Gold Enriched Corridor
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POWER ORE INC. (PORE : TSXV) – 10% Ownership
Power Ore owns the Opemiska Copper Complex: a high-grade, open pitable copper-gold project in Chibougamau, Quebec
Opemiska Copper Complex is ~10,000 hectares and consists of 4 past producing mines: Springer, Perry, Robitaille and Cooke (Gold), together producing over 23.6 million tonnes @ 2.14% copper and 0.99 gpt gold
Recent Drilling by Power Ore showed:
High Grade32.34% Copper Equivalent over 0.9 metres21.83% Copper Equivalent over 1.9 metres8.96% Copper Equivalent over 7.5 metres8.34% Copper Equivalent over 3.7 metres
Long Intervals74 metres grading 2.54% Copper Equivalent162 metres grading 1.01% Copper Equivalent105 metres grading 0.76% Copper Equivalent43 metres grading 3.07% Copper Equivalent
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Power Ore Milestones:• 2019 Drill Program Complete• Completion of Perry Geological Model & Drill Target Definition Complete• Resource Expansion Drilling at Perry & Springer Q2/Q3 2020• Maiden 43-101 Resource 2020
17% COPPER + 1.7 g/t GOLD over 3 METRES
Diamond Drill Hole:OP-2010-19
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OREFINDERS CORE MANAGEMENT TEAM
Stephen Stewart, M.Sc., MBA – CEO and DirectorStephen has over 15 years of experience in the resource and finance industries where he has evaluated and raised capital for natural resource projects. His focus has been on the acquisition, exploration and development of resource assets and has served as a senior officer with TSX Venture companies.
Alex Stewart, J.D. –Chairman and DirectorAlex has over 40 years of experience in the practice of securities law and natural resource investment. In the past he was the founder behind a number of mining projects including the Cote Lake Project and the Eagle One deposit. He holds a Bachelor of Arts from the Western University, a Juris Doctor from the University of Toronto Law School and a Diploma, LCE, from the University of Madrid.
Charles Beaudry, M.Sc., P.Geo – VP Exploration and DirectorCharles is a professional geologist with more than 35 years of experience in mineral exploration and project development of precious and base metal deposits across the globe. Charles spent 17 years with Noranda-Falconbridge-Xstrata as well as a tenure with IAMGOLD as General Manager of New Business Opportunities.
Gautam Narayanan, M.Sc. MBA, VP Corporate DevelopmentGautam’s previous experience spurs from the Capital Markets, where he served as an equity research associate covering Base and Precious Metals at Canaccord Genuity, and prior to that, as a consultant focusing on natural resource investments--primarily covering the global phosphate and potash industry.
Antoine Schwartzman M.Sc., - Geology ManagerProject Geologist who joined our team in June 2018. Mr. Schwartzmann is responsible for the data management, modeling and targeting of our projects working directly with the VP of exploration
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CONTACT US
Stephen Stewart
Chief Executive Officer
Orefinders Inc.
416.644.1567
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