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Redefining the Golden Triangle. OTC: ISSFF internationalsamuelexploration.com TSX.V: ISS. Forward-Looking Statements. Cautionary Statement
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Redefining the Golden Triangle OTC: ISSFF internationalsamuelexploration.comTSX.V: ISS
Forward-Looking Statements Cautionary Statement This presentation contains forward-looking statements as defined by certain securities laws, including the "safe harbour" provisions of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "believe", "expect", "plan", "intend", "forecast", "target", "project", "guidance", "may", "will", "should", "could", "estimate", "predict" or similar words suggesting future outcomes or language suggesting an outlook. In particular, statements regarding International Samuel Exploration Corp future operations, future exploration and development activities or other development plans constitute forward-looking statements. Forward-looking statements in this presentation include, but are not limited to, anticipated manganese price adjustments, the anticipated Project schedule and attendant timelines, assumptions made in the cash flow model, assumptions made respecting capital and operating costs, anticipated manganese production, anticipated revenue from manganese sales, assumptions made respecting manganese price increases resulting from long-term supply/demand fundamentals, the anticipated economic impact of the Project on surrounding communities and anticipated employment opportunities which may result from the Project. These forward-looking statements are based on International Samuel Exploration Corp ’s current beliefs as well as assumptions made by and information currently available to it and involve inherent risks and uncertainties, both general and specific. Risks exist that forward-looking statements will not be achieved due to a number of factors including, but not limited to changes in exploration, development or mining plans due to exploration results and changing budget priorities of International Samuel Exploration Corp , the effects of competition in the markets in which International Samuel Exploration Corp operates, the impact of changes in the laws and regulations regulating mining exploration, development, closure, judicial or regulatory judgments and legal proceedings, operational and infrastructure risks and the additional risks. Although management considers the assumptions contained in forward-looking statements to be reasonable based on information currently available to it, those assumptions may prove to be incorrect. When making decisions with respect to International Samuel Exploration Corp , investors and others should not place undue reliance on these statements and should carefully consider the foregoing factors and other uncertainties and potential events. Qualified Person as Defined by National Instrument 43-101 Derrick Strickland P., Geo. has reviewed and approved the scientific and technical information contained within this presentation. Mr. Strickland is a “Qualified Person” as defined by National Instrument 43-101.
Management Conrad Swanson Chairman has 30 years experience in the public market. In 1991 he founded one of the first Internet companies in Vancouver, Internet Direct, which was sold to Bell, in 1995. In 1998 was a founding member of Western Canadian coal, which Walters Energy brought in 2010 for $2.2billion. In 2011 him and his group of investors funded Richfield Ventures, which acquired the Black Water gold deposit in central BC and that property was sold to New Gold for $550m, in 2012. In 2003, he started Gold Reach resources ltd. where he has raised more than $25m for exploration. Michael Arthurs Equally effective from the field to the Boardroom, and back, Michael Arthurs is a Director for International Samuel Exploration and provides a unique combination of over 20 years of international experience in energy project management, project advisory, feasibility, business development and sustainability projects in North America, Latin America, South America, Europe, Asia, Africa and the Middle East. Michael has been responsible for project planning, coordinating and reporting all aspects of one of Canada’s largest oil and gas company’s international exploration programs, and formerly as a Deputy Project Manager to Canadian shale gas projects. Since joining a private investment firm in 2000 and founding a small private entity in 2008, he has worked with Investment Bankers, Private Equity Firms and Leaders in Business, to evaluate and to provide operational advice for start-up energy, midstream, mining, technology and real estate ventures, globally. Michael holds a Master's Degree in Environmental Management for Business (Economics & Policy) from Cranfield University, UK and a Bachelor of Commerce Degree in Petroleum Land Management from The University of Calgary, Canada, and is an Associate of the Institute of Environmental Management & Assessment, UK. Gregory Stewart Gregory Stewart is a businessman and entrepreneur residing in Calgary, Alberta. As a Director for International Samuel he brings over 35 years of practical experience in the Canadian securities markets. As Chairman and President of 2 private and long established investment partnerships he has developed skills in strategic planning and analysis. Previous experience as a Director of a small publicly traded oil producer led to becoming Chairman and President of the company for a period of 3 years. Gregory has worked with many organizations demonstrating a commitment to excellence through exceptional communication skills. Dr. Shane Ebert is a Professional Geologist with 25 years of gold, copper, and base metal exploration experience in North America, South America, Australia, and Europe. Dr. Ebert was involved in the discovery of the Bahuerachi Cu deposit in Mexico, the Viking gold deposit in eastern Canada, and Gold Reach Resources West Seel Cu-Au-Mo deposit in British Columbia, located adjacent to the Huckleberry Copper Mine. Dr. Ebert was part of the management team that successfully negotiated the sale of Tyler Resources Inc. to Jinchuan Group for $214 million. Dr. Ebert is currently the President, CEO, and Director of both Gold Reach Resources and CANEX Metals Inc., and is a Director of Manson Creek Resources.
Summary Excellently positioned in the heart of the Golden Triangle and on-trend to Kemess Mine International Samuel is well-positioned in two active mining camps within British Columbia which are known for high-grade, minable materials. The Golden Triangle in BC has been the most active exploration area in North America, if not the world. Companies like Pretium, GT Gold, Garibaldi, Seabridge, IDM, Skeena and Antofagasta have made this area their focuses, with success. Large companies and financiers have been financing such companies with funds to move their projects forward rapidly. Since October 2017 ISS has completed acquisitions totaling 27,240 contiguous hectares in the heart of the Golden Triangle. Management has been very successful both on the technical and financial side of the mineral exploration and development industry and bring a combined 100 years of wealth of knowledge and experience to the company.
27, 240 ha Contiguous Property in the Heart of Golden Triangle • Area Activity • GT Gold Saddle Discovery, 51.53 g/t Au&117.38 g/t Ag over 6.95 m • Colorado Resources KSP • 4,470 g/t Gold over 0.5m • Makes 3 new discoveries • Seabridge Gold, KSM • One of the largest undeveloped gold projects in the world measured by reserves • Antofagasta, Ball Creek • US$31M earn-in option directly north • The KSM Project • One of the largest undeveloped gold projects in the world measured by reserves • Golder Ridge Resources, Hank • Neighbor recently raised 5.24 million dollars • Skeena Resources, Spectrum • Recently completed PEA • Eric Sportt & Zijin Mining recently invested $6M
Regional Geology LGM Property • Regional geological setting similar to major porphyry centres (Galore Creek, SchaftCk, KSM): • Predominant basement of Triassic Stuhini Group volcanic and sedimentary rocks intruded by local Triassic to Jurassic intrusive rocks • Proximal to Triassic-Jurassic unconformity and adjacent to regionally-significant (deep seated?) N-S fault (Forrest-Kerr fault) 7
Regional Geophysics FVD Magnetic LGM Property Golden Ridge 5 km
Comparable-Regional Silt Stream Geochem-LGM Property • Property region stands out in regional stream sediment geochemistry for porphyry suite (weighted 60% Cu, 20% Au, 20% Mo) • Galore, Bronson/Snip, KSM, GJ and Grizzly area form prominent anomalies • Grizzly area anomaly is the most significant anomaly adjacent to road and power (Hwy 37) GJ Galore Hwy 37 Bronson/Snip KSM
Large System Comparable LGM Property >70M oz Au in camp Iron Cap Mitchell Snowfield Sulphurets Voigtberg Grizzly Brucejack Lucifer Kerr 10 km wide gossanous zone 5 km 5 km • Comparison basis • 10 km wide gossanous zone at Grizzly-Lucifer on similar scale to KSM • Host rocks are permissive (Stuhini volcanic rocks and younger) • Au-Cu mineralization at Grizzly-Lucifer associated with monzonite dykes interpreted to be part of early Jurassic Texas Creek Suite – similar intrusive age to KSM?
Similar sericite–illite ASTER alteration, and similar hyperspectral anomalies as KSM project Potential to extend the strike length of the hydrothermal alteration zone ~ 3,000 metres . Aster alteration zone is 15 km long and open along strike with known Au ad Cu anomalies along zone Aster Data Limit of Aster Data Aster Alteration Zone 15 km 2.5 km
Grizzly Zone • Extensive phyllic/argillic alteration • 1 km wide Au-Cu-Mo and multi-element geochem anomalies • Coincident IP CHG anomaly • Trenching: 38m of 1.1 g/t Au and 0.74% Cu • 11 DDH: modest results open to north, east and to depth • Mineralization associated with porphyry dykes • North, Gold, Moly, Gossan and West Zones • Extensive phyllic/argillic alteration • Au-Cu-Mo and multi-element geochem anomalies • multi-km IP anomalies • DDH includes 76.4 m of 0.40 g/t Au and 51.2 m of 1.03 g/t Au • Mineralization associated with porphyry dykes • Lucifer Zone • Extensive phyllic/argillic alteration • Broad Au and multi-element soil anomalies • Grab samples up to 8 g/t Au • Anomalies associated with porphyry dykes 2.5 km
Gossans? 10 km wide gossanous zone 2.5 km
LGM Property • Porphyry Cu-Au prospects Part of a large system as evidenced by multi-km scale gossans on Grizzly and Lucifer • Widespread silt, soil and trenching anomalies that have yet to be fully explained • Early-stage drilling in 2008 and in 1991 yielded porphyry mineralization, yet higher grade core of system yet to be discovered Opportunity • Potential for further technical work to develop strong drill targets at Grizzly and Lucifer Showings • Explore potential to consolidate ground and explore broader gossanous zone with a large-scale approach (geochem, alteration, IP, mag) 14
Next Steps For : LGM Property • Develop consistent geological and alteration sections, and determine associations with grade • Evaluate mineralized structures at surface and in drill core and determine controls on mineralization • Prospect and map beyond 2008 – 1992 drilling to potentially identify extensions of key intrusive units, alteration and structures • Conduct larger scale geochemical, alteration and geophysical vectoring
Summary For LGM Property • The current land package is part of a large porphyry Cu-Au system with excellent development potential due to on the Galore Creek Access road and Highway 37 • Regional geological setting consistent with high porphyry potential (Triassic-Jurassic host rocks, proximity to unconformity, deep-seated N-S structure) • Geochemically anomalous region as determined by stream sediment samples • Early-stage exploration indicates proximity to porphyry Cu-Au core (potassic alteration, Cu-Au mineralization), yet the controls on mineralization, grade development and vectors to stronger mineralization have yet to be determined • Opportunity for relatively low-cost technical work to identify further drill targets and to assess the merits of a greater land consolidation in region 16
William Gold /Porphyry Property • North-central BC: 70 km NW of Kemess • 6 claims for a total of 5159 hectares • T-Bill Gold prospect discovered in early 1980’s by Cominco based on stream sediment anomalies • Cominco-Du Pont drilled 3,023 metres in 1983-1984, but then let claims lapse • Rimfire picked up claims in 2001 and optioned to Stikine Gold, who drilled 2,855 metres in 2003; terminated option Background map is Regional Gold in streams data normalized
Toodoggone Mining Camp 40 km north of Toodoggone Mining Camp along same geological trend Belt of Cu-Au porphyry and epithermal Au-Ag deposits Kemess South: recently closed open-pit porphyry deposit; Aurico currently exploring Kemess North for block cave development Lawyers, Baker, Shasta are past-producing epithermal gold deposits
Williams Geology 2 main targets identified to date T-Bill and GIC Prospects
T-Bill Prospect • 3 x 2 km Au (>100 ppb) and As (>100 ppm) soil anomaly • Coincident with muscovite-carbonate-quartz alteration of chlorite schists that is pervasive over a 1.2 by 1.3 km central core • Alteration is typical of halos to Au-mineralized quartz veins • Visible gold is noted in most high grade samples • Four rock and core samples that exceeded 5000 ppb Au on initial analysis were subjected to metallic screen assaying. Three of the four samples showed coarse gold to be a significant factor, with the grade increasing by 22 to 113% • Potential that some of the grades are under-reported • Six interpreted NW trending QZ–ASP–Au vein corridors associated with Fe–carbonate alteration • Consists of eleven separate 2 m intercepts > 12 g/t Au • WG03-10 is the only drill hole drilled to intersect this mineralization in the correct orientation
Model Gold Distributions at T-Bill • Gold at has areas of 1. 0g/t • Open on three ends Recommendations • Infill drilling to test continuity • Step-out drilling to test on-strike potential in geochemical anomaly • Opportunity: Small, well-oriented drill program to test the continuity of the high-grade vein intercepts • Potential for high-grade gold vein system and/or possible bulk tonnage resource • The opportunity is to test for the continuity of high-grade vein targets with small and optimally-oriented drill program (oriented core, screen metallics)
GIC Prospect Copper in Soils Gold in Soils
GIC Prospect • 1800 m wide chargeability and resistivity anomaly • Northern IP anomaly margin overlaps Cu and Au soil anomaly. • Southern IP boundary marked by chip sample of 0.22% Cu and 0.22 g/t Au over 3.73 m • “Golden Triangle” aged magmatism and untested Cu-in-soil anomalies on margin of strong IP anomaly • Needs follow-up geological work (alteration map, extend soil surveys)
Corporate Structure Issued 51,920,653 Warrants 22,950,000 Stock Options 5,150,000 Total 80,020,653
Contact Information Corporate Head Office: 888-700 Georgia St W Vancouver BC V7Y 1G5 TSX Venture: ISS, USA: ISSFF, Frankfurt: RFC2 Phone 1.604.317.3090 Email: international@samuelexploration.com www.internationalsamuelexploration.com
TSX.V: ISS TC: ISSFF internationalsamuelexploration.com
Proposed Budge LGM Property 2018 Proposed Budget Williams Property 2018 Total Proposed Budget is $2,029,641