Corporate Presentation July 2018

Transcription

1 Corporate Presentation July 2018

2 Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company's control, and that future events and results may vary substantially from what the Company currently foresees. Discussion of the various factors that may affect future results is contained in the Company's Annual Report which is available at The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement. The Keg Deposit NI disclaimer At a 16 g/t silver cut-off, the Keg inferred resource is million tonnes grading g/t silver, 0.26% lead, 0.77% zinc and 0.15% copper. For further details see technical report entitled Geology, Mineralization, Geochemical Surveys, Diamond Drilling, Metallurgical Testing and Mineral Resources at the Keg Property dated December 19, 2012 and amended May 27, 2013 and filed on SEDAR. The Mel Main Zone Deposit NI disclaimer The Mel Main Zone hosts an inferred resource of 5.38 million tonnes grading 6.45% zinc, 1.85% lead and 44.79% barite (BaSO4), at a cut-off grade of 5.0% zinc-equivalent. Zinc-equivalence was calculated using metal prices of US$0.89/lb zinc and US$0.96/lb lead and assuming 90.3% zinc recovery and 97.7% lead recovery. Further details of the estimation procedure are available in a NI report authored by Giroux Consultants Ltd. and H. Leo King. P. Geo., dated November 12, 2014 and filed on SEDAR. All technical information contained in this presentation pertaining to projects located in Yukon has been approved by Matthew R. Dumala, P.Eng., a geological consultant to Silver Range Resources and qualified person for the purposes of NI All technical information contained in this presentation pertaining to projects located in NWT, Nunavut and Nevada has been approved by Michael Power, P.Geo., President and C.E.O of Silver Range Resources and qualified person for the purposes of NI

3 Why should I invest in a Prospect Generator? I like the prospect generator model because it gives a company exposure to a multitude of projects that someone else is spending their money to explore. It allows a company to do relatively low-cost exploration, grassroots-style prospecting and reconnaissance exploration and preserve its capital without diluting. - Mickey Fulp It makes so much more sense to come up with the ideas, conceptualize the ideas, and have someone else come in and spend the money testing those ideas.that s really why I always like to have three or four prospect generators in our portfolio. - Brent Cook Prospect generators are able to maintain their existing share structure at a fairly constant level and just stay in the game for a long time until finally one of the partners makes a major discovery that results in a buyout of the prospect generator company at a substantial premium to its share price prior to the discovery. John Kaiser Prospect generators are simply put, arithmetically the best way to speculate in the exploration business. Rick Rule 3

4 So what should I look for? Is there upside market potential? Are they looking for something valuable? Could they find something really valuable? Will someone take it away? What are their odds? Are they generating deals & cash? How much money goes into the ground? 4

5 Is there upside market potential? Market cap (June 14, 2018) $1,000,000,000 $100,000,000 $10,000,000 $1,000,000 (32 TSX / TSX-V listed Prospect Generators) 5

6 Are they looking for something valuable? SILVER RANGE The only prospect generator focused on high grade precious metal targets. Target criteria: Multi-commodity Precious metals > 5 gpt Au / 500 gpt Ag surface samples Copper-gold Gold-copper In deposit classes generating grades > 5 gpt Au / 500 gpt Ag Company incubator [Stated corporate focus 32 TSX / TSX-V Prospect Generators] 6

7 Could they find something really valuable? TREE RIVER PROJECT North America s only Pilbara-style Wits 2.0 target Archean conglomerate-hosted gold Historic surface samples to 142 g/t Au. Regional scale trend covered by 392 km 2 prospecting permits SOUTH KITIKMEOT GOLD PROJECT Dominant green fields land position in the Back River Lupin gold belt 5 M oz gold target potential 7 targets / > 620 km 2 Numerous high grade surface showings (10-60 g/t Au) Drill targets defined 7

8 Will someone take it away? 8

9 It s safer in North America SILVER RANGE PROJECT LOCATIONS Mining friendly jurisdictions rich in gold and silver 17 9

10 What are their odds? More projects More opportunities Better odds of success 200 Active Projects (32 TSX / TSX-V listed Prospect Generators) 10

11 Nunavut Projects TREE RIVER North America s only Pilbarastyle gold target Similar to recent discoveries by Novo Resources (Beaton) Archean conglomerate hosted gold with surface samples to 142 g/t Au SOUTH KITIKMEOT GOLD PROJECT Dominant green fields position in the Back River / Lupin gold belt. 7 properties / 62,000 hectares Numerous high grade ironformation hosted gold targets. ENNADAI-RANKIN BELT 5 properties covering Archean lode-gold style mineralization Drill-ready Hard Cash project: surface gold to 174 g/t Au / 1190 g/t Ag along a 1.4 km trend. (See SNG Project Portfolio for individual prospect details) 11

12 Nevada Projects Skylight Fully preserved epithermal system Untested high priority Newmont target Recent 3D IP unlocked structure Drill ready (permitted & bonded) Enigma Surface gold to 73 g/t Au Orogenic vein hosted mineralization +1 km strike defined by geophysics Strongbox Surface gold to 27 g/t Au Extensive alteration zone: g/t Au Surface placer and underground hardrock production Drill targets defined (See SNG Project Portfolio for individual prospect details) Stinson High grade surface grabs to 248 g/t Au. Surface grades: Two small historic mines Key holdings in a larger district. Gold Chief Carbonate-hosted structurally controlled gold. Historic mine production: g/t Au. Drill targets defined by recent 3D IP surveys 12

13 Northwest Territories Projects Cabin Lake OPT Au (historic resource) Itchen Extensive iron formation with numerous gold showings 78 km WSW of Lupin Mine Up Town Gold Very high grade surface samples (to +300 g/t Au) Adjoins Giant Mine Recent drilling (See SNG Project Portfolio for individual prospect details) 13

14 Yukon Projects Michelle High grade Zn-Ag Carbonate hosted Belt-sized prospect KEG Project g/t Ag Additional Zn, Pb, Cu MEL Deposit % Zn, 1.85% Pb and 44.79% BaSO4 Expansion drilling planned for 2018 (See SNG Project Portfolio for individual prospect details) 14

15 SPF SNG IMR ELY AUG BEX XTM REN RVL AVU SMN ZC RRI MRO MRZ NGE AU ANZ EVM CXB LRA GZZ SMD CGP ALS EMX MAD AN MD EPL AZM DEX Are they generating deals? 80 Active deals versus years in business

16 SPF SNG IMR ELY AUG BEX XTM REN RVL AVU SMN ZC RRI MRO MRZ NGE AU ANZ EVM CXB LRA GZZ SMD CGP ALS EMX MAD AN MD EPL AZM DEX Are they generating cash? Revenue versus years in business $50,000,000 $5,000,000 $500,000 $202,125 $50, (Option payments, reimbursed exploration & interest / Most recent annual financial statements (SEDAR)) 30 16

17 Is my money going into the ground? $7,000,000 Annual cash expense $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $492,226 $0 (G&A less non-cash accruals / Most recent annual financial statements (SEDAR) ) 17

18 So it s Silver Range More money going into the ground More targets generating better odds. A focus on high grade gold & silver targets Two really valuable targets: Tree River South Kitikmeot Gold Generating deals & income Lots of room to grow value 18

19 Management and Directors Mike Power, M.Sc., P.Geo. President, CEO & Director Ian Talbot, B.Sc., LLB. COO Larry Donaldson, CPA, CA. CFO Glenn Yeadon, B.Comm. LLB. Secretary and Director Richard Drechsler, B.Sc. VP, Communications Doug Eaton, B.A., B.Sc. Director Bruce Youngman, B.Sc. Director Douglas Goss, B.Comm., LLB. Independent Director Bruce Kenway, CPA, CA. Independent Director Barry Heck, LLB. Independent Director Geologist, geophysicist and founding partner of Aurora Geosciences Ltd. Over 30 years experience mineral exploration and project generation. Geologist and lawyer. Practiced exclusively in mining and securities law. Former in-house counsel with BHP Billiton World Exploration Inc. Chartered Professional Accountant. Extensive experience in public company audits, and in accounting and tax planning for mineral exploration companies. Barrister and solicitor practicing primarily in the field of securities law. Partner or associate with Tupper Jonsson & Yeadon since Investor relations manager; First Nations and community liaison. Worked in the mining/mineral exploration industry since Active in Yukon mineral exploration for over 40 years. Partner of Archer, Cathro & Associates since Recipient of the H.H. Spud Huestis award in Former President of Canplats Resources, acquired by Goldcorp for $300 million in Former President and VP of Northern Dynasty Minerals. Barrister and solicitor practicing primarily in the fields of corporate and securities law. Chair of the University of Alberta s Board of Governors. Chartered Professional Accountant and founder of Kenway Mack Slusarchuk Stewart LLP, providing wide range of audit, accounting and tax services. President of EL Merchant Capital, a private merchant capital, corporate finance and mergers and acquisitions firm. Vice-Chairman of Alberta Enterprise Corp. 19

20 Capital Structure SHARES OUTSTANDING: 72,135,991 FULLY DILUTED: 90,638,824 WORKING CAPITAL 1 : ~$900,000 Significant Holders SILVER RANGE MANAGEMENT % PANARC RESOURCES 13.9% STRATEGIC METALS LTD. 17.8% Options/Warrants OPTIONS $0.15-$0.30 5,200,000 WARRANTS $0.25-$ ,302,833 $0.30 $0.25 $0.20 $0.15 $0.10 $0.05 $ Estimate as of June 1, Includes consultants and key employees on a fully diluted basis. 20

21 Contact Information Silver Range Resources Ltd West Hastings Street Vancouver, BC, V6B 1L8 Phone: Toll Free: Web: Investor Relations: Richard Drechsler Phone: Toll Free: