Download - Next Discovery Socially-Acceptable manner
TSX.V: TKU | www.tarkuresources.com
The Next Discovery in a
Socially-Acceptable manner
February 2020
CAUTIONARY NOTES
This presentation includes certain "forward-looking statements" under applicable Canadian securities legislation. All
statements other than statements of historical fact included in this presentation, including, without limitation, statements
regarding potential exploration results, future plans and objectives of the Company are forward-looking statements that
involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and
actual results and future results, events and objectives could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from Tarku’s expectations include exploration and
other risks detailed from time to time in the filings made by the Company with securities regulators. Tarku cautions that
the mineralization within adjacent projects may not be indicative of the mineralization that may be identified on Tarku’s
Project.
All dollar amounts are reported in Canadian dollars, unless otherwise indicated
Forward-looking statements
Quality Assurance / Quality Control
The scientific and/or technical information presented in this presentation has been reviewed and approved by Mr.
Julien Davy, P.Geo., M.Sc., MBA, and President for Tarku Resources.
Mr. Davy is a qualified person as defined by National Instrument 43-101.
Currency
TSX.V: TKU – WWW.TARKURESOURCES.COM2
GOLD EXPLORATION IN QUEBEC – THE BRIGHT ADVANTAGES
TSX.V: TKU – WWW.TARKURESOURCES.COM3
6 projects in World Class District, with
long & proven history of Gold & Base
Metal production & MORE COMING
LOCATION
INFRASTRUCTURE
▪ All project are accessible by road
▪ Plan Nord Territory
NORTHERN ABITIBIsafe ground with great
Blue-Sky potential
▪ « Grand Alliance » deal with Cree
Nation
▪ Certification: Best Practices
DURABLE EXPLORATION
▪ For Explorers: 35% of yearly Tax Credit
▪ For Investors: Flow Through shares,
(Québec: 31% after-tax cost)
FISCAL INCENTIVES
COMMODITIES
Focused on Gold (Au) & Base Metals
(Cu, Zn)
Trading at a Significant Discount to
Peers
TSX.V: TKU
Project Generator Model intending
to share risk with partner
RISK MITIGATION
EXPERIENCED TEAM
▪ Strong Technically
▪ Proven Track Record
$-
$0,2
$0,4
$0,6
$0,8
$1,0
$1,2
$1,4
$1,6
$1,8
$2,0
$1 000
$1 200
$1 400
$1 600
$1 800
$2 000
TARKU VS GOLD SINCE INCEPTION
TSX.V: TKU – WWW.TARKURESOURCES.COM4
TARKU
INCORPORATION
EUREKA
ACQUISITION
1ST QUEBEC
PROJECT
TARKU
RESTRUCTURATION
Note: Data sourced from public
disclosure as of February 25,
2020 and Bank of America,
Global Research Jan. 13, 2020
Senior Gold Companies
Reserves Have Declined 42%
from 2012 to 2018
US
$ /
oz
Au
TKU
share p
rice(C
AD
$)
2012 2013 2014 20162015 2017 2018 2019 2020
0
2
4
6
8
10
12
0
10
20
30
40
50
60
70
80
90
100
ATTRACTIVE RELATIVE VALUATION
TSX.V: TKU – WWW.TARKURESOURCES.COM5
TARKU trades at the low range of its Venture peers,
with Québec gold juniors typically trading at higher
multiples than the average gold junior explorers
TKUShares: 11,7M
Market Cap: 1,1 M$
GOLD JUNIORS AVERAGE:Shares Outstanding : 104,5 M
Market Cap: 20,2 M$
137109
Note: Data sourced from public disclosure as of February 25, 2020
En
tre
prise
sV
alu
e (
CA
D M
$)
1st showing
Discovery
Exploration(1 to 3 year)
Definition(2 to 4 year)
Production(3 to 10 year)
OPPORTUNITY:
CORPORATE OVERVIEW
TSX.V: TKU – WWW.TARKURESOURCES.COM6
CAPITAL STRUCTURE
11.7 M
Issued &
Outstanding
0.86 M
Stock
Options
3.5 M
Warrants
16.1 M
Fully Diluted
Shares
AVERAGE DAILY
VOLUME (Past 3 month)
21,5 K ~(0,2%)
TSX.V: TKU (all Canadian)
ENTERPRISE
VALUE
~ 1-2 M$
Market Cap.
C$ 0,05
C$ 0,07
C$ 0,09
C$ 0,11
C$ 0,13
C$ 0,15
SHARE PRICE CHART (Past 3 month)
CURRENT OWNERSHIP
25%
9,7%
2%
2%2%
1%6%8%3%
23%
18%
Other Funds (16,5%)
Institutions
(17.5%)
SDBJ
FTQ
SIDEX
CCPME
CMEB
EROS
Family Office (AB & QC)
49 North
TKU
RESTRUCTURATION
Insiders &
Management
Retail
Friends & Family
MANAGEMENT TEAM
TSX.V: TKU – WWW.TARKURESOURCES.COM7
* See the company website for complete biographies
▪ Currently CFO of several
public mining company as
well as controller for 49
North Resources Inc
▪ In-depth understanding of
the junior natural resource
markets
JEFF SHEPPARD CFO - Director
▪ Geologist with 35 years of
experience
▪ President & CEO of Eagle
Plains Resources Ltd. and
Taiga Resources
▪ Been involved with
numerous publicly-traded
corporations since 1994,
including Copper Canyon
Resources Ltd., which was
acquired by NovaGold in
2011 for approximately
$65M
TIM J. TERMUENDE Director
▪ Mining Engineer
▪ Worked as an officer and
director of public
companies since 2004
▪ Has worked to develop
mining and exploration
projects around the world
▪ President and CEO of Crest
Resources Inc and Volatus
Capital Corp
MICHAEL COLLINSDirector
▪ Geologist & MBA
▪ 20 years of exploration experience (North and
South America)
▪ Junior exploration financing experience since 2010
and private and public management expertise since
2013
▪ Extensive business and natural resources network
JULIEN DAVYPresident & CEO - Director
▪ PhD in Geology
▪ 35 years of experience in exploration and project
development
▪ Founder of Arianne Resources in 1997 and headed
the company until 2013 which is still the owner of
one of the largest phosphate projects in the world,
Lac à Paul, Québec
BERNARD LAPOINTEChairman of the Board
▪ PhD in Geology with over
25 years of experience
▪ Worked for the MNRQ,
Cogitore, CONSOREM,
Focus Graphite
▪ Complete expertise in the
development and the uses
of novel and innovative
technics and ideas in the
generation of new
approaches and new
exploration targets
BENOIT LAFRANCEDirector
PROJECT GENERATION IN QUÉBEC
TSX.V: TKU – WWW.TARKURESOURCES.COM9
100% TKU> 450 claims (~25,000 ha)
▪ 5 projects along Regional Faults:
▪ Geological and structural context interpreted as
similar to the Detour Lake Gold Mine (Producing
mine with reserves >15M oz @ 0,97g/t Au1)
▪ Traditional Zn & Cu-Au mining districts,
underestimated for gold
▪ More projects coming
NORTHERN ABITIBI
Chateau Fort, on strike with former
Eastmain Gold Mine
(Hist. prod.: 118,356 tm. @ 10.6 g/t Au from
1994 to 19952)
JAMES BAY AREA
(1) Detour Gold web site;(2) Ressources MSV, GM 56083, 1997; SIGEOM database
MATAGAMI AREA (NORTHERN ABITIBI)
TSX.V: TKU – WWW.TARKURESOURCES.COM10
Geological and structural context interpreted as similar to the
Detour Lake Gold Mine (Reserves >15 Moz @ 0,97g/t Au1)
(1) Detour Gold web site
▪ 283 claims (15,543 ha)
adjacent and along regional
gold-bearing trends
▪ Active sector along all season
roads
▪ 1st Priority Zone
The “3A”APOLLO – ATLAS – ADMIRAL
2 Gold bearing corridor and
shear zones with strong
similarities with world class
deposits with barely drill tested!
REGIONAL FAULTRWSZ + LOSZ
10 km
5.9 g/t Au
Lac Olga West
Ex.: 14.8 g/t Au & 1.1% Cu over 1.5m
Indice Principale: Zone Olga
1.06% Zn over 2m
Lac Olga SE
0.72% Zn
0.23% Cu / 0.67m
2.36 g/t Au over 1m
Rivière Waswanipi
ADMIRAL
APOLLO
ATLAS
APOLLO & ATLAS – NEW UNTESTED Au & Cu-Zn TARGETS
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Background: TMI (Total Magnetic Intensity, SIGEOM + High-Resolution
Heliborne Magnetic Survey, Tarku 2019)
1. APOLLO (Au):
▪ Context interpreted as similar
to the Detour Lake Gold Mine
(>15 Moz Au1)
▪ Regional gold bearing shear
zones
▪ High Mag zones along shear
zone never drill tested!
▪ Shearing associated with:
• Alkaline rocks
• Polygenic Timiskaming type
conglomerates and
• Gold anomalous porphyritic
intrusions
2. ATLAS (Au-Cu-Zn):
▪ Volcanic-sedimentary rocks
regional contacts favorable for
Gold-VMS deposits
(Bousquet Type)
▪ Few drill holes
(1) Detour Gold web site
TARKU EXPLO (Till sampling + High Resolution MAG) = NEW 6 km long of prioritized Gold Targets along a
regional fault with “intrusion shape” high MAG anomalies Never Drill Tested
APOLLO – SIMILARITIES WITH DOUAY GOLD DEPOSIT
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▪ Gold deposit associated with alkaline rocks along
regional shearing (Casa-Berardi)
▪ Resources Estimate: > 2 Moz Au (at ~1 g/t Au1)
▪ Intrusions = syenite and monzonite, alkaline
gabbro
▪ Carbonate and hematite alteration
Douay Deposit (QC)TARKU (100%)
Apollo Project (QC)
Never tested intrusions’ margings
vs
(1) Mapple Gold web site
PROJECT GENERATION IN QUÉBEC
TSX.V: TKU – WWW.TARKURESOURCES.COM13
▪ 5 projects along Regional Faults:
▪ Geological and structural context interpreted as
similar to the Detour Lake Gold Mine (Producing
mine with reserves >15M oz @ 0,97g/t Au1)
▪ Traditional Zn & Cu-Au mining districts,
underestimated for gold
▪ More projects coming
NORTHERN ABITIBI
Chateau Fort, on strike with former
Eastmain Gold Mine
(Hist. prod.: 118,356 tm. @ 10.6 g/t Au from
1994 to 19952)
JAMES BAY AREA
(1) Detour Gold web site;(2) Ressources MSV, GM 56083, 1997; SIGEOM database
100% TKU> 450 claims (~25,000 ha)
CHATEAU FORT – ALONG STRIKE TO A PAST GOLD MINE
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Upper Eastmain River
Greenstone Belt
▪ 100% TKU
▪ 70 claims, 3,750 ha
▪ Active sector along all season road
167 to Stornoway Mine
▪ Adjacent and along strike to past
producer Eastmain Mine(Historical prod.: 118,356 tm. @ 10.6 g/t Au
from 1994 to 19951)
(1) Ressources MSV, GM 56083, 1997; SIGEOM database
for Gold-rich massive
sulphides mineralization
FAVOURABLE ZONE
PAST EASTMAIN
GOLD MINE
CHÂTEAU FORT – ALONG STRIKE TO A PAST GOLD MINE
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Eastmain Mine
Historical production from
1994 to 1995:
118,356 tm. @ 10.6 g/t Au*
*Eastmain Resources,NI 43-101 technical report, January 9, 2018
EM16-83
4.53 g/t Au over 0.5 m**
• New mapping by the MERN (2017)
confirming the eastern extension of the
Eastmain Mine Sequence
• Favourable for gold-rich Volcanogenic
Massive Sulphide mineralization
• Few historic works (3.3 g/t Au, grab
sample MERN, 1988)
• SE of Mine Trend (Eastmain):
Upper Eastmain River
Greenstone Belt
SUMMARY – FOCUS ON MAKING THE NEXT DISCOVERY
TSX.V: TKU – WWW.TARKURESOURCES.COM16
▪ TARKU :
• 11,7 M shares
• Attractive relative valuation
• Team : Proven track record
▪ LAND POSITION :
• Along regional & proven structure
• GOLD targets ready to drill
▪ 2020
• The “3 A” (Au-Cu-Zn) : Drill targets
ready to be tested.
• New acquisitions in the area to
strengthen our land position
• Chateau-Fort (Au-Cu) : Looking for
partner