Brabant-McKenzie Deposit

Location:

  • 175 kilometres NE of La Ronge, Saskatchewan

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Property:

  • Mining Lease - 411 ha
  • Mineral exploration claims - 5,320 Ha

Ownership:

  • 100%, no property royalty

Infrastructure:

  • Established road access, water, grid power, supply centres

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Geology:

  • Metamorphic VMS deposit hosted in metavolcano-sedimentary units

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Work to Date:

  • Mapping, geochemistry, geophysics, trenching
  • Drilling - 23,850 m (1957 - 2017)
  • 2017 drill results on the deposit include:
    • 12.12% Zn, 0.97% Cu and 39.20 g/t Ag over 11.40 metres
    • including 16.62% Zn, 0.79% Cu and 25.60 g/t Ag over 5.96 metres
  • Recent geophysics over deposit defines conductor anomalies to 1000 m
  • Preliminary metallurgical testing
  • Heavy liquid separation testing

NI 43-101 Resource:

  • Indicated - 1.5 million tonnes at 9.2% zinc, 0.8% copper
  • Inferred - 3.0 million tonnes at 5.5% zinc, 0.6% copper
  • NI 43-101 Technical Report
 

Next Steps:

  • Additional borehole geophysics on select 2017 drill holes to further test down dip, down plunge, strike extension of deposit
  • Geological compilation and interpretation of historic, 2017 drill and geophysics results
  • Next stage drill program design to expand tonnage of deposit

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Brabant-McKenzie Regional

Work to Date:

  • 16 km strike of Zn/Cu VMS targets identified via showings, airborne magnetic and EM geophysics
  • Initial four priority regional geophysics/mineralized targets defined:
    • Two significant targets indentified proximal to the Deposit
    • Two VTEM and Mag coincident anomalies defined at south Brabant Lake

Additional 1,215 ha of claims added to property package based on regional exploration results


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ANOMALY C

  • 1.5 km south of Brabant-McKenzie Deposit
  • Identified via airborne HeliSAM geophysics
  • Confirmed with ground SQUID EM geophysics
  • Plate dimensions -- 1.4 km x 0.6 km
  • Drill program currently being designed for this target.

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ANOMALY D

  • 1.5 km southwest of Brabant-McKenzie Deposit
  • Initial anomaly subtly identified via airborne HeliSAM geophysics
  • SQUID EM geophysics identifies significantly larger anomaly
  • Two EM Plate anomaly dimensions -- 2 km x 3 km, 1 km x 2 km
  • Prospecting program identified mineralized outcrops at approximate surface projection of EM plates
  • Ground EM and Mag program to further define the anomaly
  • Drill program will be designed based on results

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TOM2

South Brabant Lake

  • Coincident Magnetics and EM Anomalies identified by 2012 airborne VTEM survey
  • EM Plate dimensions suggesting thick or flat lying conductive body
  • Prospecting program identified mineralized outcrops at approximate surface projection of EM plates
  • Ground EM and Magnetics programs planned to further define anomaly
  • Drill program will be designed based on results

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VTEM Priority 3

South Brabant Lake

  • Coincident Magnetics and EM Anomalies identified by 2012 airborne VTEM survey
  • Initial prospecting program identified mineralized outcrops at approximate location of anomaly
  • Further plate modeling to define initial anomaly dimensions and orientation
  • Ground survey planned based on results of plate modeling

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Additional Regional Targets

South Brabant Lake

  • Further exploration programs planned to follow up, confirm and define additional Regional geophysics targets and mineralized showings