TSX-V:MTU Corporate Overview Project update March 2019
Disclaimer Regarding Forward Looking Statements Forward-looking statements relate to future events or the anticipated performance of Manitou Gold Inc. (the Company ) and reflect management s expectations or beliefs regarding such future events and anticipated performance. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved", or the negative of these words or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of the Company to be materially different from any anticipated performance expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include risks related to failure to define mineral resources, to convert estimated mineral resources to reserves, the grade and recovery of ore which is mined varying from estimates, future prices of gold and other commodities, capital and operating costs varying significantly from estimates, political risks arising from operating in Canada, uncertainties relating to the availability and costs and availability of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, uninsured risks and other risks involved in the mineral exploration and development industry. Although the Company has attempted to identify important factors that could cause actual performance to differ materially from that described in forward-looking statements, there may be other factors that cause its performance not to be as anticipated. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date of this presentation and the Company does not intend, and does not assume any obligation, to update these forward-looking statements. Richard Murphy, P.Geo, CEO of Manitou Gold Inc., is the Qualified Person, within the meaning of NI 43-101 and has reviewed the technical content of this presentation.
Management Richard Murphy P.Geo Chief Executive Officer (CEO) 24 years of experience as a Senior Geologist, President and CEO of a number of TSX and TSX-V listed companies. Successfully completed multiple IPOs, financings, acquisitions and divestitures with these companies. Pat Dubreuil MBA. President 15 years of mining related experience, Northern Ontario Business Entrepreneur of the year 2016, R&D program director of the Centre for Excellence in Mining Innovation (CEMI) and Ultra Deep Mining Network (UDMN) in Sudbury, ON. Vice-President OFSC. Carmelo Marrelli Chief Financial Officer (CFO) Chartered Accountant (CA), a Certified General Accountant (CGA), and an Associate (ACIS) of the Institute of Chartered Secretaries and Administrators (ICSA). He also has a Bachelor of Commerce degree from the University of Toronto. Carmelo also acts as Chief Financial Officer to a number of reporting issuers on the TSX and TSX Venture exchanges
Independent Directors Guy Mahaffy is the Managing Director of W.G. Mahaffy Limited, a financial advisory firm. He holds the professional designations of Chartered Accountant, Chartered Professional Accountant and Chartered Financial Analyst. Craig Stanley is a Principal and precious metals analyst with Eight Capital. He holds a Master of Science in Geology from the University of Western Ontario and is a member of the Society of Economic Geologists, the Society for Geology Applied to Mineral Deposits and the Prospectors and Developers Association of Canada.
CURRENT MANITOU GOLD CAPITAL STRUCTURE & FINANCIAL Listing (March 8, 2010 IPO): TSX-V: MTU Shares Outstanding 113,454,676 Options Outstanding 6,200,000 ($0.10 exercise price) Warrants 18,174,033 FD Share Capital 139,932,833 Cash $900,000.00 *As of Feb 28th 2019 5
Current properties Dryden area Patents include Kenwest + Gaffney + Sherridon + Canamerica
Current properties Goudreau area Patents + RockStar + Midas + Dog Lake
Kenwest project location: 52kms from Dryden, ON
Site is located 3 kms off HWY 502 (on route to Fort Frances)
Project Overview Large prospective land package (17,895 hectares) Large regional structure Numerous gold occurrences Past Gold Production Largely Underexplored Big Master Mine 1946
History of Gold Mining in the GoldRock Camp 1895-1905 Majority of mining activity in area 1914-1919 World War I 1942-1943 2 nd Phase Mining activity in area 1935-1947 World War II 2009 Manitou Gold Inc. acquisitions of all patented lands from GoldCorp/Kenwest Mines. Kenwest + Gaffney + Sherridon + Canamerica
Exploration on Kenwest (2009-2018) 32 patented mining claims and 10 mining licenses of occupation (599 hectares) Prospecting, mapping, line cutting Ground Magnetometer + Induced Polarization and SGH (soil gas hydrocarbons) surveys Approx. 19,387 m drilled (104 DDH s) Trenching, channel sampling, detailed geological mapping, tower sampling Draft Closure Plan, consultation with First Nation Communities and MNO, working towards Advanced Exploration project Fall 2019
Previous initial surface trench location
Kenwest project : Muck Pile Locations West East Blast 6 Blast 5 Blast 4 Blast 3
Kenwest 2018 drill results
Advanced Exploration project Fall 2019 (Portal overview) Portal 3.0 meters x 3.66 meters, by 231 meters, sloping 15% grade Proposed 287 tonnes per day Portal
High Grade Gold #2 Shear hole KW-11-26 53.7 Kg/t Au over 0.55 m Gold Beads returned from split core 1.68 oz gold (47.7 grams)
Project in relation to First Nation / Métis Nation of Ontario
Properties located inside Treaty #3 Territory Kenwest Boyer Lake Area Canamerica (Main Block / 502 Block) Boyer Lake Area / Harper Lake Area Sherridon Mang Lake Area / Lower Manitou Lake Area Gaffney / Gaffney Extension Lower Manitou Lake Area / Barker Bay Area/ Mang Lake Area
Summary 4 Projects located in Treaty 3 Territory Kenwest Canamerica Main Block / 502 Block Gaffney Patents / Gaffney Extension Sherridon Future exploration plans include underground 12k+ tonnes Advanced Exploration on Kenwest Draft Closure Plan submitted, circulated Surface water quality monitoring program completed Acid Generation potential of waste rock and ore tested Metallurgical testing completed
GOUDREAU AREA PROPERTIES Patents + RockStar + Midas + Dog Lake
16,000 acres of contiguous land
SGH results, (75%) confidence of Gold target
Extending the RockStar Vein by 150m Fall 2018
Goudreau Patents stripping and channel sampling Fall 2018
New Partnership February 2019 GoldSpot Discoveries Inc. Partnership with GoldSpot First Junior Exploration company to use AI, Machine Learning and Historical data.
Planned work for 2019 season Mapping and prospecting. Trenching & Extended existing known Gold occurrences Line cutting Compiling historical work and activities of these properties Midas property Dog Lake property
GLDZ Properties located inside #Robertson-Superior treaty 1850 + Goudreau patents + RockStar property + Midas Property + Dog Lake Property Alamos Gold Island Gold Mine Kremzar Gold Mine Argonaut/Prodigy Magino Gold open pit Trillium Mining Edwards & Cline Mines
Summary of most recent work fall of 2018 Goudreau Patents & properties inside #GLDZ Mapped and prospected specific areas hosting alteration/structure potentially related to gold mineralization in more detail. Trenched & Extended existing known gold occurrences such as Tracanelli showing, Mother s Day showing and RockStar Vein Diamond drilling preparation of gold occurrences and targets as per detailed geological mapping and sampling. Line cutting specific areas was undertaken to support ground geophysical surveying, mapping and drilling. Compiling historical work and activities on the properties in order to review all trends, deformations and possible leads for further exploration. Surface stripping was conducted into Dec 2018. Several occurrences of mineralized quarts veins must be washed off and channel sampled in May 2019
TSX-V:MTU www.manitougold.com