16
Disclaimer:
“This presentation may contain forward–looking statements. Forward looking statements address futureevents and conditions and therefore involve inherent risks and uncertainties. Actual results may differmaterially from those currently anticipated in such statements.”
NI 43-101 Qualified Person
Adrian Smith is the Qualified Person (QP) as defined by National Instrument 43-101. The QP is a member ingood standing of the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC)as a registered Professional Geoscientist (P.Geo.). Mr. Smith has reviewed and is responsible for thetechnical information disclosed in this presentation.
Forward-Looking Statements & Qualified Person
T S X - V : M L GF S E : X 0 V N . F
Overview
Secure low cost assets with clear upside, exploration
targets, and potential for new discoveries
Focus on gold and copper-gold opportunities in the
Americas
Gold targets specifically with bulk tonnage multi-
million ounce deposit styles in stable jurisdictions
Strong proven management and share structure
Strategy to efficiently build solid foundation for new
discoveries
Environment conscious team dedicated to protecting
community and environment
ML Gold Projects
Pinnacle ReefAspen
PalmettoBlock-103
T S X - V : M L GF S E : X 0 V N . F
Palmetto Project
Reno
Tonopah
Las Vegas
Epithermal gold-silver system associated with rhyolite dome complex
Mining friendly jurisdiction within the prolific Walker Lane gold belt
Located in central southwest Nevada, 80 miles southwest of Kinross 11.3 million ounce Round mountain gold mine, the worlds largest heap leach operation
Significant multi ounce gold intercepts in historic drilling surrounded by large low grade intercepts
Open to the northwest, southeast, and to depth with significant potential for discovery of additional high grade pockets within the robust epithermal system
Significant Epithermal Gold Deposit
Comstock
Aurora
MidwayTonopah
Goldfield
Volcanic Hosted Gold Mine
Round Mountain Borealis
Bullfrog Mother Lode
T S X - V : M L GF S E : X 0 V N . F
Palmetto Project Good infrastructure, road access onto the
property with power nearby in stable mining friendly jurisdiction
Discovery Zone Discovery Zone
Discovery Zone
T S X - V : M L GF S E : X 0 V N . F
Palmetto Project - OPEN in all directions
OPEN
OPEN
OPEN
OPEN
OPEN
OPEN
OPEN
T S X - V : M L GF S E : X 0 V N . F
British Columbia Projects
Pinnacle Reef Project Alkalic gold rich copper porphyry target
Located in prolific Quesnel Terrane in central BC, 55 kilometres northwest of Centerra Gold’s 5.7 million ounce gold, 2.2 billion pound copper, Mt. Milligan mine
Drillhole vectoring using gold in hydrothermal system over 3kms wide up to 94m of 0.34 g/t led to acquisition of new ground and discovery of significant new target
Advanced infrastructure with all season road access.
CANADA
Aspen Gold Project
Gold-silver bulk tonnage target, 25 km northwest of Newgold Inc’s 9.5 million ounce Blackwater gold deposit
Similar geological and structural setting, on margin of large mineralizing pluton
Significant copper and gold intercepts in historic drilling trending onto Aspen Property
Widely dispersed multi-element geochemical anomalies
Significant Copper-Gold Deposit
Significant Gold-Silver Deposit
Red Chris
Kemess
Mt. Milligan
Blackwater
T S X - V : M L GF S E : X 0 V N . F
1.9 km
Pinnacle Reef Project
7 kilometre x 6 kilometre IP chargeability anomalous area with central donut core anomaly
Historic drill results including:
• AH90-4: 6m @ 6.0g/t & 0.1% Cu
• AH90-1: 187m @ 530ppm Cu
• DD15SON001: 220m @ 300ppm Cu
Results pending from 2017 field program
T S X - V : M L GF S E : X 0 V N . F
CHU Mo Deposit
Tower resources currently drilling anomalous basal till with high gold grain counts up against claim boundaries
Aspen Project
2016 Field WorkT S X - V : M L GF S E : X 0 V N . F
2017 IP Survey
Block 103, located 30km NW of theestablished mining town of Schefferville,Quebec, covering 6,287 hectares
Within 20km of multi-user rail -connecting to multi-user Port of Sept-Îles and Hydropower
Drilled 115 holes aggregating 28,000mwithin Block 103, drilling two continuousdiscovery zones: Greenbush zone andNorthwest zone
Greenbush zone contains inferredresource of 7.2 billion tonnes at 29.2%total iron (only 1.9 billion tonnes used inmodelling the PEA)
Greenbush zone is open to the NW andSE and at depth: additional tonnagepotential exists with 12km of strike
The Northwest zone is a continuousparallel zone drilled over 5km>100mthick potential 4kms of additional strike
Block 103 - WORLD’S LARGEST 100% OWNED IRON DEPOSIT
T S X - V : M L GF S E : X 0 V N . F
ML Gold Corp. Claims
Block 103 – Open Pitiable 7.2 Billion Tonne Resource
Fe SiO2 Al2O3 MgO CaO Na2O K2O Ti Mn P Cr S
69.5% 3.36% 0.08% 0.10% 0.11% 0.07% 0.01% 0.02% 0.046% 0.006% 0.020% < 0.015 %
Preliminary Economic Assessment –2013 pricing / assumptions
Robust Project Economics:
NPV (at 8% discount) of CAD$7.4B
IRR of 19.3%
30 year mine life based on ¼ of resource
Pellet production rate of 16.6MTPA of superior quality acid pellets at 67% Fe
Total operating costs of CDN$62.87 per pellet tonne FOB
Only uses 1.9 billion tonne of NI 43-101 compliant 7.2 billion tonne inferred resource estimate grading 29.2% total iron
Price assumptions based on Spot Iron Ore Price plus pellet and grade premiums less shipping costs in 2013
Metallurgy indicates production of superior quality pellets, produced with projected concentrate chemical analysis of:
T S X - V : M L GF S E : X 0 V N . F
Share Capital Structure
Fully Diluted76,366,999
Stock Options
Warrants
Issued and Outstanding Common Shares65,141,999
Price (CAN $) Expiry # Outstanding
0.08 Feb 6, 2018 20,000
0.08 Jun 4, 2018 552,500
0.05 Oct 20, 2019 1,057,500
0.10 Sep 30, 2021 1,057,5000.10 Dec 15, 2021 200,000
Price (CAN $) Expiry # Outstanding
0.09
0.20
Aug 31, 2018
Nov 28, 2018
5,000,000
9,250,000
T S X - V : M L GF S E : X 0 V N . F
$10
$21
$30
$40
$45
$58
$67
$95
$121
$212
0 50 100 150 200 250
Aurvista
ML Gold Corp.
Nighthawk
West Kirkland
Corvus
Marathon Gold
Golden Dawn
Auryn
Probe Metals
Barsele
Gold Standard Ventures
EV/OZ IN $CAD
CO
MP
AN
Y
Enterprise Value Per Resource Ounce
T S X - V : M L GF S E : X 0 V N . F
Management
BRIAN MORRISONB.Comm.DirectorMr. Morrison received a Bachelor of Commerce degree from the University of Northern British Columbia in 2004 and completed the
Canadian securities course in 2006. From January 2005 to May 2008, Mr. Morrison was an account manager with Computershare Investor Services Inc., an international full-service financial services, corporate trust and stock transfer company. Since June 2008, he has been a self-employed consultant working in the area of public company administration. Mr. Morrison currently serves and has previously served as a director or as chief financial officer of various publicly traded issuers.
ADRIAN SMITHP.Geo., B.Sc.President and DirectorMr. Smith is a professional geologist and qualified person pursuant to National Instrument 43-101. He has worked with mining andexploration companies since 2007 and worked as an underground mine geologist in the Shasta gold-silver mine in Northern British Columbia from 2008 until 2010. He then began work for North American Tungsten Corp. at the Cantung mine, where he was involved in successfully identifying, modeling and producing ore in addition to known reserves. Since then Mr. Smith has taken his mining and exploration experience from underground and applied it to exploration projects across Canada. Mr. Smith graduated from Simon Fraser University with a bachelor of science, specializing in geology, and has been a member of Association of Professional Engineers and Geoscientists of British Columbia since 2008.
T S X - V : M L GF S E : X 0 V N . F
ANDREW W. BOWERINGB.A.CEO and DirectorAndrew Bowering, is a self-employed management consultant to public companies and has provided services in a variety of management and financial oversight roles. He has held senior executive positions and directorships in numerous public companies involved in mineral exploration in Canada, the United States, Mexico and China. He has an in-depth knowledge of securities markets, regulatory affairs and investor/public relations. Mr. Bowering has led several large acquisition programs inNorthwest British Columbia, Alberta and Central Mexico. Mr. Bowering obtained a Bachelor's degree in Economics and Political Science, from the University of British Columbia in 1986.
Simon ClarkDirectorMr. Clarke has over 25 years of corporate finance and corporate development experience, mainly focused on resources and energy technology companies. He brings significant experience in building and growing businesses and implementing successful capital market strategies. Mr. Clarke has served as a Director and Audit Committee Chair for a number of public and private companies. Mr. Clarke qualified as a corporate and securities lawyer in 1990 and spent four years with the City of London lawfirm Simmons & Simmons, including two years seconded to the London Stock Exchange. From 1994 - 2000, he was an investment banker in London, first with West LB Panmure and, thereafter, with Williams de Broe Plc, focused on small-mid cap companies. Since moving to North America in 2000, Mr Clarke has held a number of senior management and board of director roles including with RailPower Technologies on the hybrid / energy storage side, Doublestar Resources and Argus Metals on the resources side.
Management
T S X - V : M L GF S E : X 0 V N . F
Tel: (604) 669-2279
www.mlgoldcorp.com
Fax: (604) 602-1606
Corporate Head Office
2000 - 1177 West Hastings
Street
Vancouver, BC
Canada, V6E 2K3
President: Adrian Smith
CFO: Brian Morrison
CEO: Andrew Bowering
Auditors: Davidson & Company
E X P L O R I N G . O P P O R T U N I T Y . D I S C O V E R Y .
T S X - V : M L G W W W . M L G O L D C O R P . C O M
F S E : X 0 V N . F
