Homestake /Standby Gold Zone Deep Drilling + Down Hole EM Phase 2 Drilling Q2 2019
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1 World s Richest BIF Hosted Gold Belt >62 Million ounce North Americas Largest Supergiant Orogenic Gold Province Homestake District South Dakota, USA TSX-V MMV -OTCQB-MNRLF Homestake /Standby Gold Zone Deep Drilling + Down Hole EM Phase 2 Drilling Q2 2019
2 2 World s Richest BIF Hosted Gold Belt >62m oz. Gold Look at the V shape of the iron structure at Homestake and then the V shape at Standby. Homestake is in the center of the V and standby is in the center of the V. Major shear Zone and Faulting is the Key
3 3 Homestake BIF Gold Ore Ledges ROSS SHAFT 11 gold ore ledges were mined at Homestake, with a weighted average of 8.38 g/t Au. The Main Ledge ore body was 74m tonnes (19.07 m oz. Au produced) and the 9 Ledge ore body was 36m tonnes (9.50 m oz. Au produced). It is MMV s objective to find large-scale iron formation hosted gold deposits. The Sept D MAG has outlined 3 look-alike targets with scale comparable to the Main & # 9 Ledges. Upper Tail Centroid 4850 LEVEL Homestake Mine MAIN LEDGE Longitudinal Section composited orebody projections Homestake Iron Formation metres #4 SHAFT Lower Tail
4 The combination of BIF : Thick iron formation cut by a 4 wide shear zone provides the geologic setting necessary to host a Homestake Ledge #9-scale gold deposit. Gold mineralization improves down plunge from 2.0 g/t Au over 3.2 m in ST18-001, to 1.1 g/t Au over 6.4 m in ST18-002, to 2.8 g/t Au over 6.1m in ST18-003, and down-dip to 2.12 g/t Au over 20 meters (including 4.39 g/t Au over 2.5 meters and 5.24 g/t Au over1.5 meters) in ST By comparison, the surface expression of the 9 Ledge upper tail at Homestake is a 30m x 15m area in a road cut, within which the majority of rock samples assay in the range of only 0.10 g/t Au to 1 g/t Au, with one higher-grade sample assaying 4.5 g/t Au. However, visible alteration, characterized by quartz veins with moderately to well-developed hydrothermal chlorite selvages and minor sulfide minerals, is locally well developed at the 9 Ledge upper tail position. Consistent ore grade mineralization (~8 g/t Au over 5-10m widths) in the 9 Ledge does not begin to develop until 1200m down plunge (800m vertical depth) on the 9 Ledge, and the highest Au grades and widths in the 9 Ledge Centroid do not occur until 1500m down plunge (1000m vertical depth).
5 Homestake BIF Gold Ore #9 Ledge 5 Standby Core Sample Upper tail (similar alteration & arsenopyrite content)
6 Standby Core Sample Upper Tail 6 (similar Au grade to Homestake )
7 7 # 7 Down Hole Geophysics Outlined Shear Zone-Strong Conductive Targets MMV is going to use EM all the way down plunge
8 8 Mother Pilot hole is designed so that MMV can Probe 4,000 FT. of the main shear zone down PLUNGE and set up as many as 30 cross cut branches off the main Bore hole (Green Line).Controlled by Directional Drill Technology PHASE 2 Drill Program Phase 1 Program HIGH GRADE GOLD ZONE 2200FT LEVEL DEEP PILOT HOLE WITH DIRECTIONAL DRILLING AND BHEM DESIGNED TO INTERSECT THE HIGH GRADE ZONES HOMESTAKE DRILLED IN 1987 This Drill hole is designed to drill along the face of the main shear zone down plunge to intersect the high grade gold zone s Open at Depth HIGH GRADE GOLD ZONE 3100FT.LEVEL G/T 10FT.
9 Mother Pilot hole is Designed so that MMV can Drill Down 4,000 FT. on this 90 ft. wide main Gold shear zone so it can intersect the high grade Gold that Homestake drilled in the 80 s The Standby Target is on the same scale as the #9 Ledge 9.5m oz. Gold & the Main Homestake Ledge at 19M oz. Gold 9 Phase 1 Program 90 FT wide 3 g/t Au Drilled to 1200ft. Upper Tail HIGH GRADE GOLD ZONE 2200FT LEVEL 6.1 g/t HIGH GRADE GOLD ZONE 3100FT.LEVEL G/T 10FT. HSDH DRILLING AND BHEM DESIGNED TO INTERSECT THE HIGH GRADE ZONES HOMESTAKE DRILLED IN 1987 This Drill hole is designed to drill along the face of the main shear zone 90 Ft. wide. The Deep High Grade zone s are up to 750 FT off the main 90 FT wide gold shear zone & this shear zone has never been drilled below 1200 ft.? Only >1% Tested
10 STANDBY/HOMESTAKE MODEL Modern Day Technology= $ Savings and Control (Down Hole EM & Directional Drilling) 1 0
11 STANDBY/HOMESTAKE MODEL Modern Day Technology=Advantage Down Hole Directional Drilling to High Grade g/t (Down Hole EM & Directional Drilling) 1 1
12 Down Plunge Target Standby Syncline High Grade Centroid STANDBY/HOMESTAKE MODEL 12 BIF Down Plunge At Standby Modern Day Technology = Advantage (Down Hole EM & Directional Drilling)
13 Homestake Mine/Standby Syncline Shared Characteristics 13 Stratigraphy: Basalt, graphitic & sulfidic pelite, iron formation, meta-clastics Metamorphic Grade: Biotite-garnet isograd transects both districts Folding: Key tight to isoclinal SSE-plunging F2 folds Shear Zones: NNW-trending, near-vertical, brittle-ductile deformation zones: 2 at Homestake, 5 at Rochford: Au Target Trends (Ore Ledge Locations) are intersections of deformation zones with thickened iron formations in F2 synclines Gold Ore Host Rock: Chert-grunerite-siderite-pyrrhotite iron formation Alteration: Arsenopyrite; extensional Au-bearing quartz veins with chlorite selvages Gold Endowment: > 40M gpt Au in 152 Million tonnes at Homestake
14 Forward Looking Statement 14 This presentation may contain certain information that constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as plan, expect, project, intend, believe, anticipate, and other similar words, or statements that certain events or conditions may or will occur. Forward-looking statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forwardlooking statements. These factors include inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices and other factors described above and in the Company s public filings which can be found at The Company disclaims any obligation to update or revise any forward-looking statements if circumstances or management s estimates or opinions could change. The reader is cautioned not to place undue reliance on forwardlooking statements. Most information with respect to resources and assays are historical in nature and the Company makes no representation as to its accuracy.
15 Company Contact 13 HOMESTAKE SOUTH Homestake Gold Belt Black Hills, South Dakota, USA Thank You! Brad Baker West Broadway Vancouver, BC V6H 3X5 Tel: Fax: MMV-TSX.V MNRLF-OTCQX
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