bwr exploration corporate presentation

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Post on 22-Jan-2018



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  1. 1. This presentation may contain forward-looking statements such as use of words or phrases such as: is poised to, historical resource estimates, to be appointed, to create, up to, expected to cost, yet to be defined, etc. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BWR Exploration Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date the statements were made, except as required by law. BWR Exploration Inc. undertakes no responsibility to publicly update or revise any forward-looking statements. These risks and uncertainties include: the uncertainty of completing the acquisition of the project from Puma on the terms described in this presentation, or that actual results obtained by BWR in the future may differ materially from the historical results alluded to in this presentation by others, which historical results have not been fully verified by BWR. In addition, readers of this presentation should review the risks and uncertainties that are described in the quarterly and annual reports and in the documents submitted to the securities administration. Neither the Toronto Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this presentation. TSX Venture: BWR 2
  2. 2. BWR Exploration Inc. (BWR TSX.V) is poised to capitalize on managements corporate and exploration experience, focusing on an early stage exploration gold project recently acquired in Manitoba, with secondary interest in other gold and base metal projects owned by BWR in Quebec and Ontario. Founders, Management, and Directors are significant investors and currently owners of ~30.5 % of the outstanding common voting shares. There are 44.2 million common shares issued, trading range $0.04 to $0.08 range. Each of BWRs exploration projects have uncategorized in situ resources identified on them as reported in various government public and industry internal documents. BWRs strategy is to complete systematic exploration that is designed to confirm or elevate the existing historical resources on these projects to formal resource estimates that are compliant with National Instrument 43-101 standards of reporting. BWRs Canadian projects: 100% interest in Little Stull Lake gold project in Manitoba 100% interest in Vendome Sud base metal project in Quebec (acquired in Sept. 2015) 59.8% interest in Shunsby base metal project in Ontario (acquired in 2012) 70% interest in Santa Maria + 100% interest in Sakoose gold project(s) in Ontario (acquired in 2011 and 2013 respectively) TSX Venture: BWR 3
  3. 3. Management: Neil D. Novak. (B.Sc., FGAC, P.Geo.): Founder, President, CEO and Director George Duguay (CPA, CGA, FCIS): Founder, VP Corp. Development, Director Daniel Crandal (CPA, CGA): Chief Financial Officer Carmen Diges (LL.B, LL.M, CFA): Corporate Secretary, Legal Counsel Independent Directors: Norman Brewster Allan Ringler Earl Coleman Marcel Robillard TSX Venture: BWR 4
  4. 4. BWRs corporate mission is to increase shareholder value by acquiring precious and base metal exploration project(s), located in exploration and financing friendly jurisdictions in Canada, and advancing these projects through the exploration cycle to become attractive development projects; Short Term Business Plan (2017-18) is to raise sufficient capital as required to assess, maintain, and advance prioritized projects. 2017-18 focus will be on the newly acquired (December 2016) Little Stull Lake Gold Project in Manitoba; BWR will maintain status quo for other exploration projects including: Vendome Sud (Ni/Cu) project near Val DOr Quebec (exploration lots), the Shunsby (Zn/Cu) project near Timmins ON (leased land), and the Santa Maria Sakoose gold projects near Dryden, ON (unpatented claims); Long Term Business Plan (3- 5 years) is: to create strategic financial alliances that facilitate exploration / development and eventual exploitation of projects as they mature through the exploration cycle to become advanced projects where compliant resource estimates are identified in order to monetize asset value. TSX Venture: BWR 5
  5. 5. TSX Venture: BWR 6 Vendome Sud (Ni + Cu) Quebec Shunsby (Zn +Cu) Ontario Little Stull Lake (Au) Manitoba Sakoose Santa Maria (Au) Ontario
  6. 6. The Little Stull Lake Gold Project (LSLGP) is the new focus project for BWR, reportedly hosting 5 gold zones over a 6 km portion of a regional (80km) shear structure 100% interest acquisition from Puma Exploration Inc. for initial payment of $50,000 cash plus payment of 5 million shares valued at $0.05/share ($250K) 2 additional cash payments of $50K after MELs get issued Additional share payments of up to 5 million shares in installments as exploration and development milestones are achieved over next few years BWR received final exchange approval on this acquisition on December 5, 2016 TSX Venture: BWR 7
  7. 7. TSX Venture: BWR 8 Property consists of 20 claims covering 2,387 hectares of favorable geology for gold mineralization, plus two Mineral Exploration Licenses (MEL) applications that surround the 20 claims totaling an additional 36,000 hectares of exploration potential
  8. 8. Stull Lake 20 staked claims for 2,387 ha Assesment work is filed and up to date (April 2025) excess banked for additional years Located 20km north-east of Yamana Golds Monument Bay Gold Deposit reported to contain 36.6 mt @ 1.5g/t NI 43-101 Indicated Category (YRI news release Sept. 2016) Very little recent exploration completed along favorable Wolf Bay Shear Zone, historical exploration focused on West Zone reported in 1990 to contain 750,000 tonnes averaging 10.3 g/t Au* Greenstone belt Little Stull Lake * Historical resource estimate pre NI 43- 101 reporting standards 0 10 km Sharp Lake Edmund Lake Kistigan Lake Stull Lake TSX Venture: BWR 9 Highlights
  9. 9. 1990 historical resources by Westmin (pre NI 43-101 reporting standards) Property 5 Drilled Gold Zones over 6km strike length 202 holes for 30 515 meters 20 holes > 1 oz Au over 1m 48 holes > 10 g/t Au over 1m 750 000 t @ 10.3 g/t Au* (257 500 ounces Au*) Beaver Zone 10 Holes.5including 3.68 g/t over 4m Rocky Zone 10 Holes including 3.35 g/t over 13m Central Zone 9 Holes including 16.7 g/t over 1.5m Otter Zone 6 Holes including 2.32 g/t over 4.6m West Zone* TSX Venture: BWR 10
  10. 10. Selected Highlights of Westmin Drilling (1985-89) to be confirmed by BWR Zone 3W Zone 11W Zone 17W LS-82 : 38.92g/t Au over 5m (or 4.5g/t over 45.2m) LS-46 : 14.14 g/t Au over 5.0m LS-70: 111.53 g/t Au over 3.0m (or 7.4 g/t Au over 47.0m) LS-86 : 25.91 g/t Au over 3.0m meters TSX Venture: BWR 11 LS-95: 2.97g/t over 5.6 m LS-96: 2.87g/t over 10m LS-45: 2.99g/t Au over 4.0m
  11. 11. Zone 3W Section 210 Section 106 Section 009 LS-107 LS-00-02 LS-96 LS-95 LS-82 LS-158 LS-89 LS-46 LS-70 LS-45 LS-163 LS-86 LS-116 TSX Venture: BWR 12 West Zone Vertical Longitudinal diagram is provided courtesy of Puma Exploration (in house files)
  12. 12. TSX Venture: BWR 13
  13. 13. The Birth of a New Gold Camp 8 TSX Venture: BWR 14 2016-17 exploration expected to cost ~$1.9 million (2 stages) Stage 1 (~$35K - $40K) during Winter 2017 FN consultation, geological compilation (underway) Stage 2 (a) (estimate $300K-400K) during late Winter/early Spring 2017 Re-establish 10 man exploration drill camp (repair and minor construction), brush out drill access road, move dozer to campsite, airborne geophysical surveying over MELs, line-cutting, Ground IP and Magnetic survey over West Zones (3W, 11W and 17W) prepare for drilling in summer (b) (estimate $1.5 million) during Summer/Fall 2017 drill program of initially 2,000 meters, geological mapping, initial resource estimate to NI 43-101 standards ~40km
  14. 14. TSX Venture: BWR 15
  15. 15. TSX Venture: BWR 16 Property consists of 20 lots covering 924 hectares of favorable geology for VMS, MMS and gold mineralization
  16. 16. Main focus for BWR is on the Little Stull Lake Project, plan to raise up to ~$2.0 million for all projects at prevailing prices for FT and up to $300K HC in December 2016 January 2017 Continue review and prioritization of other projects, maintain claim status; Little Stull Lake in Manitoba, prepare for drilling, airborne survey estimated to cost $1.9 million Vendome Sud in Quebec to spend $30K - $50K in early 2017 to maintain claims, line cutting and ground surveying. Shunsby in Ontario, no work planned for 2016/17 (claims are patent no work required) Santa Maria in Ontario, no work planned for 2016 (claims under special order) Sakoose in Ontario, line cutting, IP survey over main zone, anticipate $30K - $50K expenditure in 2017 TSX Venture: BWR 17
  17. 17. 44,191,961 shares currently issued (+ 5 million shares authorized to be issued to Puma upon completion of various milestones by BWR) Management (insiders) currently own: 13,487,000 shares (30.5%) Puma currently owns: 4,500,000 shares (10.2%) can own up to 9,750,000 (19.8%) once all milestones are met Retail currently own: 25,844,961 (58.5%) Options currently issued: 2,930,000 Warrants currently issued: 8,098,500 700,000 @ $0.10 expire June 22, 2017 2,000,000 @$0.075 (1st year), $0.10 (2nd year) expire June 20, 2018 4,782,000 @$0.075 (1st year), $0.10 (2nd year) expire Aug 10, 2018 TSX Venture: BWR 18
  18. 18. Contact Information BWR Exploration Inc. 3rd Floor 82 Richmond St. E., Toronto, ON M5C 1P1 Neil Novak, P.Geo. (President/CEO) E: T: (41