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1 OCTOBER 2019 DRIVEN , AGGRESSIVE & FOCUSED . TSX-V: BARI FSE: BM5 OTCQB: BARRF
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O C T O B E R 2 0 1 9
DRIVEN,AGGRESSIVE & FOCUSED.
TSX-V: BARI
FSE: BM5
OTCQB: BARRF
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Legal Disclaimer
Certain statements and/or graphics in the Company’s press releases, web site information
and corporate displays, among others, constitute “forward-looking statements”. These
statements are based on information currently available to the Company and the Company
provides no assurance that actual results will meet management’s expectations. Forward-
looking statements include estimates and statements that describe the Company’s future
plans, objectives or goals, including words to the effect that the Company or management
expects a stated condition or result to occur. Forward-looking statements may be identified
by terms such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”,
“will”, or “plan”, or their conditional or future forms. Since forward-looking statements are
based on assumptions and address future events and conditions, by their very nature they
involve inherent risks and uncertainties.
Actual results relating to, among other things, results of exploration, project development,
reclamation and capital costs of the Company’s mineral properties, and the Company’s
financial condition and prospects, could differ materially from those currently anticipated in
such statements for many reasons such as: changes in general economic conditions and
conditions in the financial markets; changes in demand and prices for minerals; litigation,
legislative, environmental and other judicial, regulatory, political and competitive
developments; technological and operational difficulties encountered in connection with the
activities of the Company; and other matters discussed in this presentation. This list is not
exhaustive of the factors that may affect any of the Company’s forward-looking statements.
These and other factors should be considered carefully and readers should not place undue
reliance on the Company’s forward-looking statements. The Company does not undertake
to update any forward looking statement that may be made from time to time by the
Company or on its behalf, except if required to do so by applicable securities laws. You are
cautioned not to place any undue reliance on any forward-looking statement.
Forward Looking Statements or Information Related to
Exploration:
Relating to exploration, the identification of exploration targets and any implied future
investigation of such targets on the basis of specific geological, geochemical and
geophysical evidence or trends are future-looking and subject to a variety of possible
outcomes which may or may not include the discovery, or extension, or termination of
mineralization. Further, areas around known mineralized intersections or surface showings
may be marked by wording such as “open”, “untested”, “possible extension” or “exploration
potential” or by symbols such as “?”. Such wording or symbols should not be construed as a
certainty that mineralization continues or that the character of mineralization (e.g. grade or
thickness) will remain consistent from a known and measured data point. The key risks
related to exploration in general are that chances of identifying economical reserves are
extremely small.
The presentation contains historical exploration data that have not been verified by Barrian
Mining Corp. and may not be accurate or complete, and therefore the information should not
be relied upon. Mineral reserves and resources reported with respect to adjacent properties
have not been verified by the qualified person and are not necessarily indicative of
mineralization on Barrian Mining Corp. properties. Regarding disclosure of exploration
information with respect to the Bolo Property refer to the Company’s current NI 43-101
Technical Report titled: Wolverson (2018) Technical Report on the Bolo Property, Nye
County, Nevada, USA, Effective Date August 15, 2018.
The technical content of this presentation have been reviewed and approved by Kris Raffle,
P.Geo., a Director of the Company and a Qualified Person as defined by National
Instrument 43-101.
F o r w a r d L o o k i n g S t a t e m e n t s
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About Barrian Mining Corp A m e r i c a n G o l d & S i l v e r
Barrian Mining Corp is a new junior exploration company focused on acquiring proven
gold assets in the United States. Barrian is composed of successful public market
entrepreneurs whose goal is to create value for shareholders through the drill bit. Barrian
has entered an earn in agreement to acquire a 75% interest in the permitted, proven and
highly prospective Carlin type “Bolo” asset located 90km northeast of Tonopah Nevada,
where $3.3M US has been previously spent and includes a recent successful drill
program. Barrian has entered into a 2nd earn in agreement to acquire 100% of a second
asset known as “The Sleeper Project” which is located in the historic mining district of
Mogollon in New Mexico. A 3rd asset know has Troy Canyon has recently been acquired
in Nevada and boast very high grade gold and previous production. Barrian trades on the
TSX Venture as “BARI”, on the OCTQB as “BARRF” and on the Frankfurt Exchange as
“BM5”
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Investor Factsheet
IPO Lead Firm
45% Private / Retail
40% Close Associates
Approximate Share
Ownership
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Symbols TSXV: BARI, OTCQB: BARRF,
FSE: BM5
Shares Outstanding * 43,537,300
Trading Range Since IPO $ 0.095– 0.21
Share Price (OCT 3)
$ .195
Average Daily Volume (SEPT) 529,500
Market Cap $ 8.5M
Cash (est) $ 1.0M
Debt NIL
Enterprise Value $ 7.5M
CEO Holdings &Recent Purchases
Max Sali – 2.90M shares 200k shares at .10c in market50k shares at .14c in market25k shares at .16c in market20k shares at .18c in market40k shares at .19c in market20k shares at .195c in market60k shares at .20c in market
CUSIP#
ISIN #
Transfer Agent
Legal
06851X104CA06851X1042ComputershareAFG Law LLP
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Global exploration, development &
production experience with a proven
technical team and strategic
management.
Maximilian Sali, CEO, Director &
Founder Max Sali is CEO and director and founder of the company. Mr. Sali has
been in the capital markets since 2009 managing private family assets.
He is the president of Baccarat Investments Inc., a private company
providing consulting and management services to public companies
along with investing. Mr. Sali is the former CEO, director and founder of
Defense Metals Corp. (TSXV: DEFN). He was corporate development
for Advantage Lithium Corp (TSXV:AAL) which grew from a shell
through to a positive PEA with an M+I resource of 4.8M tons of LCE.
The largest lithium brine resource of any recent junior and $42 million
raised.
Brad Telfer, Director & Founder Brad Telfer is a director and founder of the company. He is a former
investment advisor at Woodstone Capital before it was acquired by
Haywood Securities in 2015. Mr. Telfer has a financial and accounting
background having worked for Bank of Montreal and gone to UBC for
accounting. Mr. Telfer is the owner of a private real estate investment
company. He is the son of Ian Telfer, former chairman of Goldcorp.
Ryan Cheung, CFORyan Cheung, CPA, CA, provides accounting, management, securities
regulatory compliance services to private and public-listed companies.
Mr. Cheung also serves as an officer and/or director of a number of
public-listed companies. Mr. Cheung holds a Bachelor of Commerce
degree from the University of Victoria and is a member of the Chartered
Professional Accountants of British Columbia.
Jordan Trimble, Director Jordan Trimble is currently the CEO of Skyharbour Resources (TSX.V:
SYH) and Rockridge Resources (TSX.V: ROCK). Mr. Trimble holds a
Bachelor of Science Degree with a Minor in Commerce from UBC and
he is a CFA® charter holder and serves as a director of the CFA
Society Vancouver. He has worked in the resource industry in various
roles with numerous TSX Venture listed companies specializing in
corporate finance and strategy, shareholder communications,
marketing, deal structuring and capital raising. Previously he managed
Corporate Development for Bayfield Ventures, a gold company with
projects in Ontario which was acquired by New Gold in 2010 (TSX:
NGD).
Jim Greig, Corporate DevelopmentJim Greig is currently President at Benchmark Metals Inc. a high-grade
gold and silver explorer located in the Golden Triangle, Canada.
Recently at Keegan Resources Inc. he was part of the mine
development team advancing the 5 million ounce Esaase Gold Project
in West Africa. With 20 years in the resource sector, he brings
comprehensive experience in exploration, development and mineral
production. Selected engagements within the resource sector include
the Hunter-Dickinson Group, Kennecott Canada, Breakwater
Resources Ltd, McIntosh Engineering and Stantec Engineering. Mr.
Greig holds an MBA from the University of Calgary and a BA
Geography from Carleton University.
Toby Pierce, Director Toby Pierce, BSc., MBA, is a natural-resource executive with more than
19 years of extensive transactional and valuation experience in deal
sizes ranging from several million to $1.3 billion in value. He is the
current CEO of Tag Oil Ltd. (TSX: TAO). His body of experience,
ranging from wellsite geology to Director of Oil and Gas Institutional
Research to CEO and President, has given him a wealth of industry
knowledge and deep understanding of oil and gas operations, capital
markets, investment banking, mergers and acquisitions. He is also a
director of Benchmark Metals Inc. a high-grade gold and silver explorer
located in the Golden Triangle that trades under the symbol BNCH.V.
Kris Raffle, QP and DirectorKristopher J. Raffle, B.Sc., P.Geo. serves as the Qualified Person for
the Company. Mr. Raffle is also a current director of First Legacy Mining
Corp. (TSXV: DEFN). Mr. Raffle is a Partner and Principal Geologist
with Edmonton-based geologic consulting firm APEX Geoscience Ltd.
Mr. Raffle has over 18 years’ North American-focused base and
precious metals exploration experience. APEX has wide-ranging
Nevada Carlin-type gold experience, including near-mine exploration at
Scorpio Gold Corp.’s Mineral Ridge Project; NI 43-101 reporting for
Battle Mountain Gold Inc.’s Lewis Project and Barksdale Capital Corp.’s
Swales Project; consulting and geological modeling for NuLegacy Gold
Corp.’s Red Hill Project; in addition to completion of multiple Mineral
Resource Estimates for Gold Standard Ventures Corp.’s Pinion, Dark
Star, and North Bullion deposits within their flagship Railroad Project.
APEX’s current Nevada activities include modelling and resource
estimation work for several projects on behalf of Waterton Global
Resource Management Inc., and Fiore Gold Ltd.’s Gold Rock Project.
Strategic, Proven & Experienced TeamM a n a g e m e n t & D i r e c t o r s
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Share Performance - 3 Month
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1-year Gold Chart
H i g h e s t l e v e l s s i n c e 2 0 1 3
Source: www.Gold.org
$1,100
$1,150
$1,200
$1,250
$1,300
$1,350
$1,400
$1,450
$1,500
$1,550
Aug 2018 Sep 2018 Oct 2018 Nov 2018 Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019
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Why Nevada is Number One
If Nevada was a country, it would be the world’s 4th largest gold
producer, behind China, Australia and Russia.
► 5.5M oz of gold produced in 2016
► 225 million ounces of gold mined to date
► 80% of USA gold production
► Home of multiple +20 million ounce gold deposits
► Fraser Institute ranks Nevada as the best location on its investment attractiveness index
► Transparent, predictable and established permitting rules/guidelines
► Major infrastructure - over 22 processing facilities
► Recent notable success from Nevada juniors including buyouts and investments by majors
► Easily accessible asset by highway and workable all year
P r o v e n , P r o l i f i c & W o r l d C l a s s
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Bolo – Flagship AssetA d d i n g t o o u r h i g h g r a d e n u m b e r s
$3.3M USD spent on Bolo to date from two campaigns
► Carlin-type gold mineralization, similar to Pinson,
Lone Tree/Stonehouse, and Turquoise Ridge/Getchell*
► Significant exploration potential, where gold spreads into wall
rocks along high-angle structures
► Widespread gold mineralization at surface, along two parallel
north-south trending faults known
► Mine Fault traced for 2,750m with outcrop sampling values up to 8.6 g/t gold**
► East Fault mapped for 2,200m with values up to 4.7g/t gold**
► Limited drilling with excellent exploration targets and results to date
► 90 KM East of Tonopah, Nevada – Road accessible, water, power, on-site fuel, accommodations
► 67 RC holes to date totaling 12,212 m; with results including 133 meters of 1.3 g/t from surface
(drilled width) including 30.5 meters of 3.24 g/t within this hole from a 2013 drill program
► Located near Kinross’s Round Mountain mine which has produced over 10M ounces of gold to
date and also has a hydrothermal water system running through property.
► 3,332 Acre land package – Main access point is the Hot Creek Ranch, Nevada.
*Not necessarily indicative of mineralization on Barrian Properties, **Wolverson (2018) Technical Report
on the Bolo Property, Nye County, Nevada, USA, Effective Date August 15, 2018.
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Bolo High Grade Gold Oxides & Silver Project
DH-BL-38 133m of 1.28 g/t gold from
the surface, including 30.5m of 3.24 g/t
gold
DH-BL-39 90m of 1.0 g/t gold from
surface including 40.9m of 2.05 g/t gold
DH-BL-41 52m of 1.27 g/t gold
from surface
*Three zones have all hit mineralization:
See model on following page
2 0 1 3 & 2 0 1 7 I n t e r s e c t i o n s
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Bolo Commitments
2019 $500K exploration $250k shares (issued)
2020 $750K exploration $250k shares
2021 $1.25M exploration $250k shares
2022 $1.50M exploration $250k shares
Earns 50.01% or Control
If Barrian elects to move forward to earn 75% an additional $4.00M
must be spent on exploration within 2 years.
*Spending can be accelerated at any time
*Share payments can be accelerated at any time
*All amounts are in USD
* BLM payments yearly are $31,239.00
E a r n I n A g r e e m e n t Te r m s
EA
RN
IN
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The Sleeper Asset, New Mexico
► Formerly known as Mogollon – previous large
district production
► Major silver-gold bearing epithermal vein field
► High-grade results and historical mining history
► Drilling includes 10m of 219 g/t silver and 4.4 g/t
gold.
► 2010 drilling - Consolidated Mine and Queen
Vein, outlined a historic resource of 845,000 tons
(767,000 tonnes) averaging 9.35 opt (320 g/t)
silver and 0.15 opt (5.1 g/t) gold*
► Dozens of mineralized and potentially mineralized
veins that have never been drill tested provide
potential for discovery
► 72 km of strike length and only 4.8 km have been
developed / explored properly
A w a k e n i n g H i s t o r i c a l , H i g h - G r a d e S i l v e r a n d G o l d
327,000 ounces of Gold
15,700,000 ounces of
Silver previously mined
in the district
*The resource is considered historic in nature and do not meet the criteria for a resource of any category as defined in “CIM Definition Standards
on Mineral Resources and Mineral Reserves” dated May 10, 2014. A qualified person has not done sufficient work to classify the historical
estimates as current mineral resources. Barrian is not treating the historical estimate as current mineral resources and it should not be relied upon.
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The Sleeper Asset Terms
S h a r e P a y m e n t s
EA
RN
IN
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2019 US $250,000 in shares (issued)
2020 US $250,000 in shares
2021 US $250,000 in shares
2022 US $250,000 in shares
Earns 100%
*This asset has no exploration spend commitments
*Share payments can be accelerated at any time
*Currently compiling all historical data on the property
• BLM payments yearly are $13,555.00
• Large tailings on the property that could
potentially be reprocessed due to high grade
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Troy, Nevada – our latest addition
► High-grade gold mineralization within mesothermal
quartz veins, vein breccias, and narrower sheeted
vein and stockwork zones
► Quartz vein system exposed on surface over 300
meters
► Locke Mine past producer (1950’s) from limited
stopping on three levels yielded 641 ounces of
gold (0.35 oz/ton Au) and 660 ounces of silver
(0.36 oz/ton Ag)
► Recent stope samples returned values of 47.8 g/t
gold, 48.4 g/t Au, and 576 g/t gold including 229
g/t silver*
► Soil geochemistry indicates several anomalous
gold zones outbound of the mine area
► Drill testing required to expand the depth and
strike length of mineralization
A s t r a t e g i c a c q u i s i t i o n c l o s e t o B o l o
*See the Company’s September 24, 2019 News Release
Historical Locke Mine Looking North
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Troy Canyon TermsC a s h a n d S t o c k
PU
RC
HA
SE
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2019 US $25,000 in cash + 625,000 shares
2020 US $25,000 in cash + 625,000 shares
Owns 100%
* BLM payment for this year were $3,500 USD
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Exploration Timeline
Spring / Summer
2019Phase 1 Bolo Work Program – Add to prior success
Geophysics + Sampling + Drilling = Results
► $500,000 USD work program underway – Started April 7, 2019
► Drone flying, imagery interpretation & analysis
► Ground IP and magnetic geophysical surveys for deep penetrating 3D analysis
► Grid soil & rock geochemical sampling across anomalous areas
► Confirm drill targets & finalize summer RC drill program targets
► Secure drill rig and contractor
► Begin 1,800-meter expansion & new target RC drilling program
► Secure lab for drill assays (ALS Global – Reno, Nevada)
► Results expected in October
2 0 1 9 E x p l o r a t i o n P r o g r a m
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Summer
2019
Complete phase 1 work program
► New drilling designed to establish depth / width extent based on recent
successful geophysics showing potential anomalies on depth greater
then the 2013 & 2017 drill program results
2020
(TBD)
Phase 2
Further Drilling based on Phase 1 + Connect South
Mine Fault and Uncle Sam
► Drilling program based on results from 2019 summer program
► 3000 metre Main/Mine Fault Zone, drill expansion program
► New target drilling program on Uncle Sam
2 0 2 1 M a i d e n R e s o u r c e E s t i m a t e
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Recent Activity in the Gold Market and Nevada
M e r g i n g , p u r c h a s i n g a n d f i n a n c i n g t o p r e p a r e f o r t h e n e x t c y c l e
Acquired by Coeur’s
for $117M CAD or
$1.64/share on August 2, 2018• Permitted potentially heap leachable
project – Sterling Nevada
• 709,000 oz inferred at 2.23 g/t average
• Gold around $1200 an ounce
Merger worth
$6.5B USD
September 25, 2018
Merger worth $10B USD
Jan 14, 2019
JV agreement
in Nevada
March 11, 2019
Acquired by
St. Barbara for
$802M CAD or $2.90/share on May 14, 2019
BMO Bought Deal
Upsized to $21M CAD
July 12, 2019
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The Case for Investing in Junior
Gold ExplorationTo d a y ’ s M a r k e t C a p s v s . t h e p e a k o f 2 0 1 2
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Gold-backed ETFs
$0.4
$(0.2)
$0.3
$3.2
$0.8
$(2.1)
$(1.6) $(1.5)
$(0.9)
$1.0 $0.8
$3.1 $3.1
$(1.3)
$0.2
$(2.3)
$(0.1)
$5.5
M o n t h l y F l o w s $5.5 billion flowed into gold-backed ETFs last
month… the largest monthly increase since 2012
Source: World Gold Council
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Gold Price Momentum During Tightening Cycles
G o l d v s . F e d F u n d s R a t e
Source: World Gold Council, FRED Economic Data
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Fed
Fu
nd
s R
ate
(%
)
Go
ld P
ric
e (
US
$/o
z)
Gold Price (US$/oz) Fed Funds Rate (%)
1979 Energy
Crisis1981-1982
Recession
1990 Oil
Price ShockDot Com
Bubble
Great
Recession
Two rate cuts this year – and potentially a 3rd
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605 – 815 Hornby Street
Vancouver, BC V6Z 2E6
Office 1 604 620 8406
TF 1 855 210 4846
Contact Us
C o r p o r a t e C o n t a c t
TSX-V: BARI
FSE: BM5
OTCQB: BARRF
Maximilian Sali, CEO, Director & Founder
Karl Mansour – Paradox IR (Montreal)
1-514-341-0408 [email protected]
www.barrianmining.com
