Mineral Exploration Network (Finland) Ltd.

Transcription

1 Mineral Exploration Network (Finland) Ltd. Karelian Gold Project 202 г.

2 Mineral Exploration Network (Finland) Ltd. Mineral Exploration Network (Finland) Ltd. is a UK-based junior company formed in early 2009 with the aim to carry out an intensive gold exploration in the territory of Finland. Our strategy is to mitigate early stage exploration risk by quick and intensive field work on a greater number of targets. Successful exploration is based on informative regional target selection and intensive field work. Our specialization is prospecting, our aim is to provide a pipeline of good quality drill targets for JV partners. Our exploration methodologies are tailored to the local conditions, promoting quick and cost effective assessment of large areas.

3 Mineral Exploration Network (Finland) Ltd. Personnel: Mineral Exploration Network (Finland) Ltd. was formed by a group of exploration geologists who have, for many years, provided consulting and contracting services around the world. Our team consists of specialists from different fields. This combination guaranties a complex approach to target generation and field data interpretation. Close affiliations with universities also allow us to benefit from the latest academic research. Management: Alexander Mikhailov (Director and Chief Geologist) 30 years of intensive gold exploration over Soviet Union and Africa. Specialisation regional target generation, design and implementation of exploration programs. Based in Cardiff (UK). Igor Vasilyev (Director of Operations) 25 years of project management experience. Fluent Finnish speaker. Based in Toronto (Canada).

4 Mineral Exploration Network (Finland) Ltd. Our complex of field work includes: Collection and analysis of all available data. Soil, till, boulders and outcrop sampling. Ground magnetic, induced polarisation and resistivity surveys. Technical Advisor: SRK Exploration Services Ltd.

5 Mineral Exploration Network (Finland) Ltd. Finland: has a geology similar to the leading gold producing regions; good quality and publically available geological information; perfect infrastructure and government actively supporting mineral exploration; more than 200 known gold deposits and occurrences; the biggest known gold deposit (Kittila Gold Mine) has more than 4.9 Moz of established reserves with more expected to be found. MEN Finland flagship Karelian Gold project is located in Eastern Finland and include established gold mineralisations in well known gold districts. At the present time MEN Finland Ltd. is targeting Orogenic Gold Deposits.

6 Mineral Exploration Network (Finland) Ltd.. An example of a Finnish Orogenic Gold Mine Kittilä mine in northern Finland achieved commercial production in May Proven and probable gold reserves total approximately 4.9 million ounces from 32.7 million tonnes grading 4.6 g/t.

7 Mineral Exploration Network (Finland) Ltd. Since 2009, Mineral Exploration Network (Finland) Ltd. : - on 26 licensed areas has explored over 500 sq.km. - collected more than 80,000 soil samples, 2000 till samples, - covered over 2000 km of ground magnetic survey profiles. This has resulted in a number of drill-ready targets combined in the Karelian Gold project. MEN Finland activity in 20 г.

8 + Rytisuo Mineral Exploration Network (Finland) Ltd. + Piilola Putaala + + Roninlampi + Sepponen + Viinivaara Patrikka + + Paasivaara Karelian Gold Project Four claim application areas: Rytisuo, Piilola, Roninlampi, Viinivaara; Four claim reservation areas: Putaala, Sepponen, Patrikka, Paasivaara; Total area of the project approximately 260 sq.km.; Twelve known drilled gold occurrences; Eleven drill ready targets with overall exploration potential -5 Moz of gold.

9 Karelian Gold Project Rytisuo The Rytisuo claim application: Total area 36 sq. km. Located in the central part of Suomussalmi greenstone belt. There is one known orogenic gold occurrences in the licensed area - Pahkosuo. Pahkosuo deposit, in the contact zone between the greenstones and a TTG-series granitoid, has an in situ resource estimate of 50 kg gold.

10 Karelian Gold Project Rytisuo HOLE_ID From, m To, m Length m Au, g/t M45398R M45397R M45397R M45395R M45398R M45397R M45398R M45398R M45398R M45398R M45398R M45398R Drill ready target with gold mineralisation confirmed by the drilling program of Geological Survey of Finland in M45398R578 M45395R45 M45398R626 M45398R Requires 7000 meters of verification and exploration drilling. Exploration potential Moz of gold. M45398R M45395R Drilling intersections, GTK

11 Karelian Gold Project Piilola New Piilola claim applications significantly increased the exploration potential of the MEN s Finland flagship Piilola: Total area sq.km; Located in the central part of the Kuhmo greenstone belt; 25 kilometres of the gold mineralisation strike; 7 known gold occurrences with mineralisation confirmed by drilling.

12 Karelian Gold Project -Piilola Geochemical soil sampling by MEN Finland, 200 Ground magnetic survey by MEN Finland, 200

13 Karelian Gold Project -Piilola HOLE_ID From, m To, m Length, m Au g/t M44294R M44205R M44294R M44205R M44204R M44203R M44293R M44203R M44204R M44204R M44294R M44203R M44293R Historical drill holes gold intercepts, Geological Survey Of Finland.

14 Karelian Gold Project -Piilola Piilola till sampling - geochemical assay results. MEN Finland,

15 Karelian Gold Project -Piilola Results of exploration seasons: Mineralised strike extends six kilometres; Three first priority and four follow-up drill targets; Requires about 0,000 meters to drill to delineate mineralisation; Exploration potential Moz of gold

16 Karelian Gold Project - Putaala The Putaala claim reservation: Total area - 7. sq.km; Located in the southern part of the Kuhmo greenstone belt; Contains same named known gold occurrences with mineralisation confirmed by drilling g/t of Au); A number of boulder samples with gold grade 0-44 g/t.

17 Karelian Gold Project - Roninlampi The Roninlampi claim application: Total area sq.km; Located in the southern part of the Kuhmo greenstone belt; Contains Karvosenvaara - known gold occurrence with mineralisation confirmed by drilling; Mineralisation is open along strike and depth; Requires 5000 meters of exploration drilling; Exploration potential Moz of Gold.

18 Karelian Gold Project - Roninlampi Hole ID From, m To, m Length, m Au g/t R R R R R R R R R Historical drill holes and gold intercepts, Geological Survey Of Finland.

19 Karelian Gold Project - Sepponen The Sepponen claim reservation: Total area 9 sq.km., located in a fragment of the Kuhmo greenstone belt; Non drilled occurrence with gold grade in grab and channel samples -5 g/t.; Exploration potential Moz of gold.

20 Karelian Gold Project Viinivaara Group Viinivaara Patrikka The Viinivaara group of claim reservations: Total area -7 sq.km; Located at the southern extension of Karelian Gold Line with operational gold mine Pampalo; Contains two known gold occurrences with mineralisation confirmed by drilling Kelokorpi and Viinivaara; Four first priority drill targets; Paasivaara Requires 0,000 meters of exploration drilling; Exploration potential Moz of gold.

21 Karelian Gold Project Viinivaara Group HOLE_ID From, m To, m Length, m AU, g/t. R R R Historical drill holes and gold intercepts, by Geological Survey Of Finland at Viinivaara. Diamond drilling at Kelokorpi occurrence: borehole with best sections: ppm Au, ppm Au Currently, in the Paasivaara area, a mineralised strike, as identified by MEN Finland, extends eleven kilometres.

22 Karelian Gold Gold Project Viinivaara Group Ranking of Exploration Targets First priority Targets Follow-up Targets Exploration Potential Level of Exploration

23 Mineral Exploration Network (Finland) Ltd. Company Development Strategy: Attract JV partners for scope drilling of existing targets; Continue the assessment of exploration potential of the existing projects; Acquire new exploration areas in Finland; Expand exploration activity into Sweden, Norway and possibly into Russia.

24 Mineral Exploration Network (Finland) Ltd. Establish a Public Company with a liquid share structure based on: Established Joint Ventures and Strategic Alliances, Discovery Records Company Exploration Experience