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REFINING THE ART OF MINERAL EXPLORATION Manhattan Gap Project

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Page 1: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

R E F I N I N G T H E A R T O F M I N E R A L E X P L O R A T I O N

Manhattan GapProject

Page 2: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

FORWARD LOOKING STATEMENT

This presentation contains forward-looking statements and factual information that are current as of the date the presentation was originally delivered. Renaissance Gold Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data.

Forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of properties; future prices of mineral resources; accidents, labor disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals of financing.

The qualified persons for any technical information in this presentation are Ronald L. Parratt, CPG, Executive Chairman, Renaissance Gold and Robert P. Felder, CPG, President , CEO and Director, Renaissance Gold - both Qualified Persons for NI 43-101.

The information in this presentation has been obtained by Renaissance from its own records and from other sources deemed reliable. However, no representation or warranty is made as to its accuracy or completeness.

Page 3: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Widespread polymetallic mineralization in Pioche, Highland and Bristol Districts occurs as both fissure veins and mantos in Cambrian carbonates

Carbonate replacement deposits, minor skarn, and qtz-sulfide fissure veins are associated with Late Cretaceous (100-90 Ma) granite intrusions

Minor lamprophyre and qtz porphyry dikes are present, porphyry source of mineralization may not be identified to date

District may be nested carbonate replacement deposits around Manhattan stock dismembered by Basin and Range faulting

Bristol

Highland Pioche

Project Summary

Manhattan Gap Project

Page 4: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

• Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

• Approx. 6.3 M tons grading 3% Pb, 7.8% Zn, 0.03 opt Au, 3.9 opt Ag, minor Cu and Mn production

Pioche District Historic photo

Historic Pioche, Highland, Bristol Districts Production

Page 5: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Mineralization dominantly in Combined Metals Bed in Pioche Shale (first carbonate above Prospect Mtn Quartzite)

Other mineralized units include: Susan Duster limestone in Pioche shale, Lyndon limestone, Davidson Blue limestone in Highland Peak formation, and Mendha limestone

Stratiform mineralization is best developed along E-W “ore channels” e.g. Caselton

Manhattan Gap project covers northeast trending fissure veins and dike swarm in Upper Cambrian and Lower Ordovician Menha formation

The major stratigraphic targets in district are preserved at depth on Rengold project

Project Stratigraphy

Cpm

Cp

Cc

Ch

Cm

Page 6: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Geology and Rock Chip GeochemistryAu

Rock Chip Au (ppm)

Au values range from detection limit to 14.4 ppm Au

1 ppm Au values occur in iron-oxide quartz + sulfide fissures and mantos

Highest Au values occur along east-west break in the range at Manhattan Gap and Arizona Peak

Manhattan Gap Project

Page 7: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Pan-American Mine0.5 mt @ 0.15 g/t Au110 g/t Ag1.5% Pb2.5% Zn

Caselton2.7Mt @ 1.43 g/t Au165 g/t Ag4.8% PB11.8% Zn

District-Scale Zoning

Manhattan Stock

District mineralization may zone around the Manhattan Stock Post-mineral faulting extends the system and down drops the

central portion of the district into the Manhattan Gap Graben

Manhattan Gap Graben

Page 8: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

B’

Detailed project geology defines grabens with the karsted Cambro-Ordovician unconformity down dropped along a mineralized fissure trend

West Graben Target East Graben TargetEastern Shelf Target

Page 9: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Manto developed in Mendhakarst horizons at top of Arizona Peak 2.3 ppm Au, 122 ppm Ag,

2.5% Pb, 0.6% Zn

No known drilling targeting the Cambro-Ordovician unconformity down dropped just to the west

Page 10: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

10

2.131 g/t Auoutcrop, med orange brown red strongly oxidized rhyolite dike in carbonates, silica replacing some matrix

Gold in argilicallyaltered and weakly silicified dike

Rock Chip Geochemistry

Page 11: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

1111

1.667 g/t Audump sample 353078, dark red brown partially silicified dolomite with minor white to cream to transparent qtz vnlts up to 1cm

Gold in qtz veinlets

Rock Chip Geochemistry

Page 12: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

121212

>10 g/t Auprospect, reddish orange jasp bxa with minor drusy qtz, some pieces resemble brecciated white qtz vn with limonitic silicified matrix

Gold in jasperoid with qtz veinlet clasts

Rock Chip Geochemistry

Page 13: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Ag in rocks Cu in rocks

Page 14: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Ag in rocksPb in rocks Zn in rocks

Page 15: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Gravity Total Horizontal Gradient

Structures interp from gravityMajorMinor

Structures mapped at surfaceMajorMinor

Recent gravity survey helps define basin architecture Almost all historic drilling is in the footwall of the lucky boy

fault with very few tests in the hangingwall to the east

Page 16: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

Structures interpreted from GravityMajorMinor

Structures mapped at surfaceMajorMinor

Residual Gravity shows large explorable shelf between Manhattan Gap and Pioche Hills

Page 17: Manhattan Gap Project - Renaissance Gold Inc. · 2020-03-10 · Manhattan Gap Project • Historic Ag-Pb-Zn-(Au) production from fissure veins and mantos (CRD), and Au-Ag qtz veins

West Graben Target - Cambro-Ordovician unconformity under shallow cover on east margin of contact metamorphic aureol

Eastern Shelf Target – Shelf of favorable stratigraphy on northeast projection of fissure vein swarm

East Graben Target – Cambro-Odrovician unconformity with high grade historic mines in fissure veins on each side of graben