turmalina metals corp

28
1 BUILDING A HIGH-GRADE GOLD-COPPER PORTFOLIO TURMALINA METALS CORP SEPTEMBER 2020

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Page 1: TURMALINA METALS CORP

1

BUILDING A HIGH-GRADE GOLD-COPPER PORTFOLIO

TURMALINA METALS CORP

SEPTEMBER 2020

Page 2: TURMALINA METALS CORP

DISCLAIMER

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Page 3: TURMALINA METALS CORP

high-grade

gold-rich

drill ready

take assets public.

STRATEGY

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Page 4: TURMALINA METALS CORP

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HIGH-GRADE INTERSECTIONSGold-rich

● (8.7 g/t AuEq

● 6.6 g/t AuEq○ 9.5 g/t AuEq

● 6.7 g/t AuEq○ 10.6 g/t AuEq

● 4.3 g/t AuEq○ 8.0 g/t AuEq

● 4.8 g/t AuEq)Drill core from SFDH-002

Page 5: TURMALINA METALS CORP

LOCATED IN AN UNPOPULATED REGION OF

FAST & EASYEXPLORATION

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Page 6: TURMALINA METALS CORP

PORTFOLIO

ACQUISITIONS

2 years ideal drill-ready properties

SAN FRANCISCO DE LOS ANDES (‘San Francisco’)

THE TURMALINA PROJECT

THE CHANAPE PROJECT

THREE PROPERTIES PROVIDE A

BALANCED

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Page 7: TURMALINA METALS CORP

GRADE IS KINGTOURMALINE BRECCIAS - BECAUSE

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Example of tourmaline breccia mineralisation (Chile)

Page 8: TURMALINA METALS CORP

Brecciaopen to north

and west

8.7 g/t AuEq

6.6 g/t AuEq9.5 g/t AuEq

6.7 g/t AuEq10.6 g/t AuEq

4.3 g/t AuEq;8.0 g/t AuEq

4.8 g/t AuEq

SAN FRANCISCO de LOS ANDESone of the highest-grade

ever discovered

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Brecciaopen at depth

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Page 9: TURMALINA METALS CORP

Sulphide-Rich BrecciasInitial drill holes hit high-grade gold in

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Drill core from SFDH-002

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GRADE AND SIZE WILL Tourmaline

breccias have a typical vertical

extent of 1-2+ km

Sandst

one

Intrusiv

e

GROW WITH DEPTH

Large base in intrusion

Narrow apex in country rock

Exposure level at San Francisco

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Page 11: TURMALINA METALS CORP

DEFINED, SAMPLED &

PRIORITIZED EVERY BRECCIA IN THE PROJECT AREA

SUMMER FIELD WORK

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GROWTHTHROUGH EXPLORATION

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Mapped breccia (red)

SAN FRANCISCO de LOS ANDES

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Page 13: TURMALINA METALS CORP

Phase 2 Drilling

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SFDH-00136.9m @ 6.3 g/t Au, 122

g/t Ag & 0.88 % Cu

SFDH-00451.6m @ 1.3 g/t Au, 80

g/t Ag & 0.53 % Cu

SFDH-00285 m @ 4.4 g/t Au, 109

g/t Ag & 0.79 % Cu

Page 14: TURMALINA METALS CORP

exceptional results

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SFDH-012109m @ 4.9 g/t Au, 109 g/t Ag

& 1.1 % Cu

SFDH-00474m @ 1.1 g/t Au, 48 g/t Ag

& 0.41 % Cu

SFDH-01183m @ 4.4 g/t Au, 82 g/t Ag

& 0.43 % Cu

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Initial Phase Two results include:

● 83m @ 4.4 g/t Au, 82 g/t Ag & 0.43% Cu

○ 41m @ 7.0 g/t Au, 91 g/t Ag & 0.51% Cu (

● 109m @ 4.9 g/t Au, 109 g/t Ag & 1.1% Cu

○ 27m @ 9.0 g/t Au, 94 g/t Ag & 1.08% Cu

○ 3m @ 13.8 g/t Au, 111 g/t Ag & 0.08% Cu

○ 6.7m @ 7.4 g/t Au, 58 g/t Ag & 0.15% Cu

○ 11m @ 5.6 g/t Au, 134 g/t Ag & 1.34% Cu

● 74m @ 1.1 g/t Au, 48 g/t Ag & 0.41% Cu

○ 13m @ 0.9 g/t Au, 51 g/t Ag & 0.54% Cu

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Page 16: TURMALINA METALS CORP

A MINING-FRIENDLY STATE

LOCATED IN AN UNPOPULATED REGION OF

SAN JUAN

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Page 17: TURMALINA METALS CORP

TURMALINA Cu-Mo-AuTWO HIGH-GRADE BRECCIA CLUSTERS IN PERU

CHANAPE Cu-AuLima

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CHANAPE, PERU 50 gold-copper breccias

108m @ 2.0 g/t Au & 41 g/t Ag

71m @ 1.92 % Cu, 0.84 g/t Au & 42 g/t

55m @ 2.3 % Cu, 0.6 g/t Au & 43 g/t Ag

284 m @ 0.38% Cu & 282 ppm Mo

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TURMALINA: A MINE WITH OUTSTANDING GRADES

●●●

AVERAGE PRODUCTION GRADES:

2600m RL

2320m RL

Grades from Carlson and Sawkins 1980 19

Page 20: TURMALINA METALS CORP

TURMALINA MINE

TURMALINABreccia Pipe 2 Breccia Pipe 3

N

E 20

Page 21: TURMALINA METALS CORP

CURRENT WORK

● Detailed sampling

●drill test 4 other high priority breccia pipes

● consolidation of regional gold targets

● Complete permitting

● mapping and sampling21

Page 22: TURMALINA METALS CORP

WORK PROGRAMCURRENT

SEPTEMBER

OCTOBER

ON LIFTING OF COVID RESTRICTIONS

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Page 23: TURMALINA METALS CORP

AN EXPERIENCED BOARD

FRANCISCO ‘CHICO’ AZEVEDO, V.P. BUSINESS DEVELOPMENT●

MARK EATON, INDEPENDENT DIRECTOR●

DR ROHAN WOLFE, CEO●

BRYAN SLUSARCHUK, PRESIDENT●

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Page 24: TURMALINA METALS CORP

THE TEAM

DR ROHAN WOLFE, CEO●

FRANCISCO ‘CHICO’ AZEVEDO, V.P. BUSINESS DEVELOPMENT●

BRYAN SLUSARCHUK, PRESIDENT●

JONATHAN RICHARDS, CFO ●

ALEX SANTOS, EXPLORATION MANAGER ●

DOUG KIRWIN, TECHNICAL ADVISOR ●

JOHN LEWINS, TECHNICAL ADVISOR ●

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TURMALINA METALS

growth

drill targets

breccia clusters

award-winning team

high-grade 25

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TECHNICAL INFORMATION

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Page 27: TURMALINA METALS CORP

BRYAN SLUSARCHUK, PRESIDENT

CONTACT [email protected]

www.turmalinametals.com

For investor relations please call Highland Contact: +1 604 229 9445 (direct)

+1 833 923 3334 (toll free)

Email: [email protected]

#488 - 1090 West Georgia St, Vancouver, BCV6E 3V7 Canada

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ROHAN WOLFE, [email protected]

Page 28: TURMALINA METALS CORP

SHARE STRUCTURE

COMMON SHARES ISSUED: 65,757,518*WARRANTS AT $0.90: 4,599,925AGENTS WARRANTS AT $0.70: 884,434INCENTIVE STOCK OPTIONS AT $0.50: 5,845,000TOTAL FULLY DILUTED: 77,086,877CASH: CAD$ 12.5 MillionDEBT: NONEINSIDER OWNERSHIP: 20%