+ All Categories
Home > Documents > THE BUILDING OF A MINERAL BANK - First Mining …-Discovered: Zuun Mod in Mongolia, San Jose in...

THE BUILDING OF A MINERAL BANK - First Mining …-Discovered: Zuun Mod in Mongolia, San Jose in...

Date post: 07-Feb-2020
Category:
Upload: others
View: 1 times
Download: 0 times
Share this document with a friend
2
TSX-V: FF | OTCQX: FFMGF | Frankfurt: FMF THE BUILDING OF A MINERAL BANK Proven Team: Founded by Keith Neumeyer and supported by First Majestic Silver Corp. Aggressive Execution Strategy: Acquired 12 projects through 8 transactions including combined NI 43-101 resources of M&I: 6.5 Mozs (1) and Inferred: 3.5 Mozs (1) Large & Diversified Portfolio: Our 25 projects are at various stages of development or exploration and located in multiple geopolitically safe regions of North America Adding Low Cost Value: Enhancing current project portfolio and continuing strategy of adding new assets or consolidating areas of high quality undervalued projects Highly Liquid Stock: Combined trading volume on TSX.V and OTCQX is 2.4 M shares per day (1) Not including the historic gold resource from First Mining’s Goldlund Gold Project. FIRST MINING FINANCE CORP. is a mineral bank focused on acquiring, enhancing and monetizing high-quality mineral assets in North America. HIGHLIGHTS $500 450 400 350 300 250 200 150 100 50 0 Market Capitalization (CDN$ Millions) 6 APR 15 $1.00 0.90 0.80 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.00 7 JUL 15 16 NOV 15 7 JAN 16 8 APR 16 9 JUN16 16 JUN16 $0.49 $36 $52 $144 $320 $370 $122 $117 $0.51 $0.40 $0.40 $0.41 $0.80 $0.75 Suite 1805, 925 West Georgia Street Vancouver, BC Canada V6C 3L2 | Toll Free: 1 844 306 8827 www.firstminingfinance.com | info@firstminingfinance.com | @FirstMining (1) Market capitalization calculations are in CDN$ and are based on closing prices. OUR BUSINESS MODEL FIRST MINING FINANCE CORP. (FF: TSXV and FFMGF: OTCQX) is a rapidly growing “Mineral Bank” founded by Keith Neumeyer (founder of First Majestic Silver Corp. and First Quantum Minerals Ltd.) to take advantage of bear market conditions for mining equities. Since listing in April 2015, the company has completed a total of eight transactions thereby increasing its NI 43-101 compliant in-situ gold ounces from zero ounces to 6.5 million ounces ("Mozs") in the measured and indicated categories (1) and 3.5 Mozs in the inferred category (1) . First Mining has created a diversified portfolio of 25 projects in prime regions of eastern Canada, Mexico and the United States. The Company is now moving forward to unlock the value of its assets through drilling, metallurgical studies, adding to infrastructure, and conducting economic studies. When future market conditions are right, we will monetize our project portfolio for our shareholders by entering into agreements with third parties that will move the projects into production while we retain residual interests in the projects. This will be achieved through joint ventures, earn-ins, equity positions, royalties, streaming structures or a combination of these. MARKET CAP GROWTH BY ACQUISITION (1) Share Price (CDN$ )
Transcript
Page 1: THE BUILDING OF A MINERAL BANK - First Mining …-Discovered: Zuun Mod in Mongolia, San Jose in Oaxaca, Mexico and Atocha in Bolivia. PATRICK DONNELLY PRESIDENT BSc Geology, MBA -

TSX-V: FF | OTCQX: FFMGF | Frankfurt: FMF

THE BUILDING OF A MINERAL BANK

• Proven Team: Founded by Keith Neumeyerand supported by First Majestic Silver Corp.

• Aggressive Execution Strategy: Acquired 12

projects through 8 transactions including

combined NI 43-101 resources of M&I: 6.5

Mozs(1) and Inferred: 3.5 Mozs(1)

• Large & Diversified Portfolio: Our 25projects are at various stages ofdevelopment or exploration and locatedin multiple geopolitically safe regions ofNorth America

• Adding Low Cost Value: Enhancing currentproject portfolio and continuing strategy ofadding new assets or consolidating areas ofhigh quality undervalued projects

• Highly Liquid Stock: Combined tradingvolume on TSX.V and OTCQX is 2.4 M sharesper day

(1) Not including the historic gold resource from First Mining’s Goldlund Gold Project.

FIRST MINING FINANCE CORP. is a mineral bank focused on acquiring, enhancing and monetizing high-quality mineral assets in North America.

HIGHLIGHTS

$500

450

400

350

300

250

200

150

100

50

0

Mar

ket Cap

ital

izat

ion

(CD

N$

Mill

ions

)

6 APR 15

$1.00

0.90

0.80

0.70

0.60

0.50

0.40

0.30

0.20

0.10

0.007 JUL 15 16 NOV 15 7 JAN 16 8 APR 16 9 JUN16 16 JUN16

$0.49

$36$52

$144

$320

$370

$122$117

$0.51

$0.40 $0.40 $0.41

$0.80$0.75

Suite 1805, 925 West Georgia Street Vancouver, BC Canada V6C 3L2 | Toll Free: 1 844 306 8827

www.firstminingfinance.com | [email protected] | @FirstMining

(1) Market capitalization calculations are in CDN$ and are based on closing prices.

OUR BUSINESS MODELFIRST MINING FINANCE CORP. (FF: TSXV and FFMGF: OTCQX) is a rapidly growing “Mineral Bank” founded by Keith Neumeyer (founder of First Majestic Silver Corp. and First Quantum Minerals Ltd.) to take advantage of bear market conditions for mining equities. Since listing in April 2015, the company has completed a total of eight transactions thereby increasing its NI 43-101 compliant in-situ gold ounces from zero ounces to 6.5 million ounces ("Mozs") in the measured and indicated categories(1) and 3.5 Mozs in the inferred category(1). First Mining has created a diversified portfolio of 25 projects in prime regions of eastern Canada, Mexico and the United States. The Company is now moving forward to unlock the value of its assets through drilling, metallurgical studies, adding to infrastructure, and conducting economic studies.

When future market conditions are right, we will monetize our project

portfolio for our shareholders by entering into agreements with third parties

that will move the projects into production while we retain residual interests

in the projects. This will be achieved through joint ventures, earn-ins, equity

positions, royalties, streaming structures or a combination of these.

MARKET CAP GROWTH BY ACQUISITION(1)

Share Price (CD

N$ )

Page 2: THE BUILDING OF A MINERAL BANK - First Mining …-Discovered: Zuun Mod in Mongolia, San Jose in Oaxaca, Mexico and Atocha in Bolivia. PATRICK DONNELLY PRESIDENT BSc Geology, MBA -

PICKLE CROW

DUPARQUET

PITT

DUQUESNE

CAMERONGOLDLUND

HOPE BROOK

SPRINGPOLE ONTARIO

QUEBEC

NEWFOUNDLAND

KEY PERSONNEL

KEITH NEUMEYER FOUNDER & CHAIRMAN

- Founded billion dollar miningcompanies First Quantum Mineralsand First Majestic Silver Corp. undersimilar market conditions.

- Current President and CEO of FirstMajestic Silver Corp.

CHRIS OSTERMAN CEO & DIRECTORBSc Mining Eng., MSc Geol. Eng., PhD Geology

- 30 years of experience in metalproduction and exploration in North& South America, Africa and Asia.

- Expertise in new projectreconnaissance and explorationstrategy.

- Discovered: Zuun Mod in Mongolia,San Jose in Oaxaca, Mexico andAtocha in Bolivia.

PATRICK DONNELLYPRESIDENTBSc Geology, MBA

- 10 years as a mineral explorationgeologist in Canada.

- Former base metal mining analystwith a Canadian securities firmbased in Toronto.

- Previously held the position ofsenior corporate development withtwo copper development companies.

538.8M

25.7M

51.1M

CAPITAL STRUCTUREAS OF NOVEMBER 2016

Issued and Outstanding

Options

Warrants

Fully Diluted 615.7M

NI 43-101 GOLD RESOURCES PORTFOLIO (1)(3)

Our Tier 1 and 2 projects are at various stages of development or exploration and they are located in multiple geopolitically safe regions of North America.

AU GRADE (g/t) AG GRADE (g/t)

Springpole Indicated 128,200,000 1.07 5.70 4,410,000 23,800,000

Hope Brook

Indicated

5,500,000 4.77

844,000

Cameron(2)

Measured 3,723,000 2.64 — 316,000 —Cameron(2)

Indicated

5,154,000 2.64

336,000

Duparquet(4) Measured 16,510 1.45

771

Duparquet(4) Indicated 5,542,170 1.62 — 288,570 —

Duquesne Indicated 1,859,200 3.33 — 199,161 —

Pitt Indicated 600,000 7.83 — 151,000 —

Total Measured 3,739,510 2.63 316,771

Total Indicated 146,855,370 1.32 5.70 6,228,731 23,800,000

Total M & I 150,594,880 1.35 5.70 6,545,502 23,800,000

TONNES AU GRADE (g/t) AG GRADE (g/t) CONTAINED Au OZ CONTAINED Ag OZ (FF. ATTRIBUTABLE)

Springpole Inferred 25,700,000 0.83 3.20 690,000 2,700,000

Hope Brook Inferred 836,000 4.11 — 110,000 —

Cameron(2) Inferred 14,900,000 1.91 — 917,000 —

Pickle Crow Inferred 10,300,000 3.90 — 1,300,000 —

Duparquet(4) Inferred 2,846,484 1.46 — 133,376 —

Duquesne Inferred 1,563,100 5.58 — 280,643 —

Pitt Inferred 476,000 6.91 — 106,000 —

Total Inferred 56,621,584 1.94 3.20 3,537,019 2,700,000

(1) Based on NI 43-101 technical reports filed on SEDAR by First Mining Finance Corp., PC Gold Inc., Gold Canyon Resources Inc., Clifton Star Resources Inc., and Chalice Gold Mines Limited.

(2) The mineral resource for Cameron gold project includes the Cameron, Dubenski, and Dogpaw deposits.

(3) Excludes the historic gold resource from the Goldlund Gold Project.

(4) The Company owns a 10% indirect interest in the Duparquet Gold Project, and the Measured, Indicated, and Inferred Resources shown in the above table reflect the Company’s 10% indirect interest.

Tier 1 Projects

Tier 2 Projects

TSX-V: FF | OTCQX: FFMGF | Frankfurt: FMF

Suite 1805, 925 West Georgia Street Vancouver, BC Canada V6C 3L2 | Toll Free: 1 844 306 8827

www.firstminingfinance.com | [email protected] | @FirstMining

Inferred Resources

CONTAINED Au OZ CONTAINED Ag OZ

(FF. ATTRIBUTABLE)

(FF. ATTRIBUTABLE) (FF. ATTRIBUTABLE)

Cash CDN$35M

Market Capitalization CDN$436.4M

Measured & Indicated Resources

PROJECT CATEGORY

CATEGORYPROJECT TONNES


Recommended