Copper Exploration in Yukon and BC - Q2 2022 - Newsfile Corp.
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Copper Exploration in Yukon and BC
Q2 2022
Disclaimer
Important Disclaimer
This corporate presentation (Presentation) has been prepared by CAVU mining Corp. (CAVU) based on information available to it from them and third party sources. By retaining this Presentation, you (the Recipient) acknowledge and represent to
CAVU that you have read, understood and accepted the terms of this Important Notice. If you do not accept these terms, you should immediately destroy or delete this Presentation.
This Presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in CAVU. You should not treat the contents of this Presentation, or any information provided in
connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters.
No representation or warranty is made by CAVU or any of its advisers, agents or employees as to the accuracy, completeness or reasonableness of the information in this Presentation or provided in connection with it. No information contained in
this Presentation or any other written or oral communication in connection with it is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or
projections set out in this Presentation. No liability will attach to CAVU, with respect to any such information, estimates, forecasts or projections.
CAVU does not accept responsibility or liability for any loss or damage suffered or incurred by you or any other person or entity however caused (including, without limitation, negligence) relating in any way to this Presentation including, without
limitation, the information contained in or provided in connection with it, any errors or omissions from it however caused (including without limitation, where caused by third parties), lack of accuracy, completeness, currency or reliability or you, or
any other person or entity, placing any reliance on this Presentation, its accuracy, completeness, currency or reliability. CAVU does not accept any responsibility to inform you of any matter arising or coming to CAVU’s notice after the date of this
Presentation which may affect any matter referred to in this Presentation.
Any liability of CAVU, their advisers, agents and employees to you or to any other person or entity arising out of this Presentation in any corresponding provision of any province, state, or territory legislation, or similar provision under any applicable
law is, to the maximum extent permitted by law, expressly disclaimed and excluded. The distribution of this Presentation may be restricted by law in certain jurisdictions. Recipients and any other persons who come into possession of this
Presentation must inform themselves about, and observe any such restrictions.
Forward Looking Statement
This Presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of CAVU. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain
assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks.
The performance and operations of CAVU may be influenced by a number of factors, many of which are outside the control of CAVU. No representation or warranty, express or implied, is made by CAVU, or any of its directors, officers, employees,
advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved.
Given the risks and uncertainties that may cause CAVU’s actual future results, performance or achievements to be materially different from those expected, planned or intended, Recipients should not place undue reliance on these intentions,
expectations, future, strategy and prospects. CAVU does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended.
Qualified Person
Mr. Roger Hulstein, P.Geo. is an independent qualified person, as defined by NI 43-101. Mr. Hulstein has reviewed the technical content of this Presentation and consents to the information provided in the form and context in which it appears.
Q2 2022 PAGE 2
Porphyry Copper in Western Canada
Underexplored + Excellent Strong Structure &
High Value Targets Infrastructure Management
The Hopper Project in Yukon is a multi- The Hopper is road accessible and close
CAVU has been structured to provide an
target porphyry complex with peripheral to existing infrastructure such as road
attractive valuation amongst its peers
skarn mineralization. The project is fully and power. All drill pads can be serviced
and is strengthened by a team of capital
permitted for advanced exploration. by road and a (semi-)permanent camp
markets professionals.
is in place.
The Star Project is a drill-proven
The Company has a dedicated technical
porphyry project with mineralization to The Star Project is serviced by an on-
team with intimate experience exploring
700m to depth. The Project is in the claim airstrip with a road and trail
for copper in BC and Yukon.
Golden Triangle of British Columbia. network to service drill programs.
Q2 2022 PAGE 3
Western Canada’s Copper
Canada is the fourth largest exporter of copper concentrate and most of its
copper comes from Porphyry Copper projects in the Canadian Cordillera
The Company has an option on the Hopper Project in Yukon for a 70%
interest.
The Company owns 49% of the Star Project with an option for the
remaining 51% interest1
The Hopper Is a 74 km2 multi-target porphyry project that:
Contains peripheral Cu-Au-Ag skarn mineralization with a best
intercept of 22.28 m at 1.84% CuEq2
Contains propylytic altered porphyry that has yielded 116 m @ 0.21%
Cu1 from surface. This is interpreted as the outer shell of a
large porphyry system.
The Star Project is a multi-target porphyry project with preserved
supergene zone with 106.98 m @ 1.02% CuEq1 that is mineralized to
700 m depth and open for expansion.
1The Company signed an LOI for an option on the remainder 51% on April 20th 2022, and is working towards a definitive agreement. Full drill results from Hopper are available in the 2022 NI43-101 written by Jean Pautler. Drill results from the Star were collected by historical operators and have not yet been verified by the Company.
Q2 2022 PAGE 4
Yukon Copper Potential
The Hopper Pluton is a large Late Cretaceous intrusion of 78 Ma
with both Skarn and porphyry mineralization
The most important metallogenic episode for intrusion related
deposits in Yukon is the Late Cretaceous at 78 – 74 Ma
Majors have taken interest in the region:
Rio Tinto recently invested $25M in the Casino
porphyry deposit that contains 12.7M oz Au and
7.4B lbs Cu (M+I)1,2
Newmont (11.8%) and Zijin (9.8%) are part
owners of Freegold Mtn with an indicated 1 Moz
AuEq and inferred 1.082 Moz AuEq resource3
Klaza: epithermal deposit with indicated 907 koz
AuEq and inferred 725 koz AuEq resource4
1Depositson other claims are not and indicator that a deposit may be developed within CAVU’s claim boundaries. The Hopper Project is an exploration stage project. 2Casino Proiect Form 43-101F1 Technical Report Preliminary Economic Assessment by Roth et al., June 22 2021. 3Freegold Mountain Project NI 43-101 by Sim & Davis, March 27
2020; ownership information from TIG Corporate presentation 2022. 4Technical Report and Preliminary Economic Assessment Update for the Klaza Property, Yukon, Canada by Ross et al., July 10 2020. Figure modified from S. Israel, 2017. M+I stands for Measured and indicated resource, I+I stands for indicated and inferred resource.
Q2 2022 PAGE 5
Hopper: Highlights
Location: Southern Yukon, 20km north of Otter
Falls hydroelectric generator, 320km from deep sea
port of Haines, Alaska, 120km northwest of
Whitehorse
Metal endowment: Proven gold and copper in
skarn over 1350 x 650m open for expansion and a
newly discovered porphyry system
Size: Single continuous claim block of 74 km2
Access: Road accessible and permitted for road and
trail building
Ownership: CAVU Mining Corp. has entered into an
option for 70% interest with Strategic Metals Ltd.
(SMD), a renowned Yukon project generator
Q2 2022 PAGE 6
Porphyry and Skarn
2021 Porphyry discovery
Skarn target
2021 drilling intersected the low-grade altered
margin of a mineralized porphyry
Drilling proves existence of a mineralized porphyry
2022 Program to vector towards high-grade core
Endoskarn / porphyry target
Copper Castle Skarns
Skarn mineralization over 1350m strike length
Eight horizons identified, less than 400m deep
Porphyry target
Open to the south, west, east and at depth
2022 program to delineate high-grade zone
Copper Castle High-grade zone: high-grade mineralization is less than 200 m deep
Collar Length (m) From Cu (%) Au (g/t) Ag (g/t)
HOP21-DDH-01 22.28 55.44 1.405 0.532 3.4
HOP21-DDH-02 9.39 70.00 0.622 0.197 4.2
HOP21-DDH-03 10.96 77.00 1.365 0.488 1.76
*Full drill results are available in the Company News releases dated September 27 and October 4, 2021 and in the 2022 NI43-101 technical report by Jean Pautler. For more information regarding the different target zones, see CAVU news dated April 25 2022.
Q2 2022 PAGE 7
Developed Analogue: Cadia, NSW Australia
Big Cadia skarn Cadia (100% owned and operated by Newcrest)
Multiple porphyry centers discovered at depth, followed up
from near-surface skarn and porphyry centres dismembered by
multiple steeply-dipping faults
Multiple Cu-Au skarn zones and porphyries totaling:
7.9 Mt copper @ 0.25% Cu (M+I1)
35 Moz Au @ 0.36 g/t Au (M+I+I1)
65 Moz Ag @ 0.68 g/t Ag (I+I1)
One of Australia’s larges gold & copper mines
Hopper – plan view
Hopper Hopper, Yukon Canada
Porphyry
Known porphyry style mineralization (2021 drilling by CAVU)
Copper
Castle
and an additional potential porphyry centre ~800 m to SW
N Hopper S
One potential endoskarn/porphyry system (Mitsu West)
North
Porphyry
2(?)
Mitsu
Known Cu-Au skarn zones; Copper Castle and Hopper North
West
Similar structural architecture to Cadia
1Cadia Operations New South Wales Australia NI 43-101 Technical Report by Gleeson et al., 30 June 2020. M+I stands for Measured and indicated resources, I+I stands for indicated and inferred resources, M+I+I stands for Measured, indicated and inferred resources. Readers are cautioned that mineralization at the Cadia operations are
not indicateive of mineralization on the Hopper, nor does the Hopper contain any resources and reserves at the time of publication.
Q2 2022 PAGE 8
Golden Triangle Copper Potential
The Star project is located within 150 km of the Red Chris, Schaft Creek,
and Galore Creek deposits in the Golden Triangle of BC.
The Star is a similar copper and gold alkalic porphyry project to the more
developed projects in the region
Majors are active in the surrounding area:
Teck Resources owns 75% of Schaft Creek
Schaft Creek contains 7.76B lbs Copper and 7M oz Au (M+I)1.
Newcrest Mining owns 70% of the Red Chris Mine
Red Chris contains 8.1B lbs Copper and 13M oz Au (M+I)2
Newmont and Teck own 50% and 50% of Galore Creek
Galore Creek contains 6.8B lbs Copper and 5.45M oz Au
(Proven and probable reserves)3
*Deposits on other claims are not and indicator that a deposit may be developed within CAVU’s claim boundaries. The Star Project is an exploration stage project. 1Schaft Creek Preliminary Economic Assessment (PEA) NI43-101 Technical Report by Ghaffari et al., September 10 2021.
2Red Chris Operations, British Columbia, Canada, NI43-101 Techincal Report by Stewart et al., 30 June 2021. Galore Creek Project British Columbia 43-101 Technical Report on Pre-Feasibility Study, Gill et al., 27 July 2011.
Q2 2022 PAGE 9
Star Target
Drilling shows mineralization to 700 m from surface
Several deep holes are mineralized at the end of the hole Gold (g/t) - left
Preserved supergene mineralization shown in section (deeper
mineralization out of section)
Selected intercepts:
S045: 106.98 m @ 1.02 CuEq% from 12.02 m
S048: 76.94 m @ 1.12 CuEq% from 2.06 m
S048: 288 m @ 0.67 CuEq% from 123 m Copper (ppm) - right
S049: 324 m @ 0.58 CuEq% from 4 m
S005: 242.3 m @ 0.63% CuEq from surface
Overview
1Deposits on other claims are not and indicator that a deposit may be developed within CAVU’s claim boundaries. The Hopper Project is an exploration stage project. Photographs taken by Jeremy Hanson during the 2013/2014 exploration programs on Star. Figure generated by L.
Bickerton, 2022, based on historical and unverified data.
Q2 2022 PAGE 10Additional Star targets
Surface Sampling
Cu (shown in heatmaps), Mo, Au anomalies in soils
Rock and trench sample anomalous Cu, Au over Copper
Creek (SE of Star) and Pyrrhotite Creek (SW of Star)
showings.
Multiple porphyry centers highlighted proximal to Star
Geophysics
Cu Assay (ppm)
Magnetic and IP anomalies correlate to elevated soils
Coverage of geophysical surveys ranges from the
Copper Creek to Star targets
Figure generated by Luke Bickerton, 2022, based on historical and unverified data.
Q2 2022 PAGE 11CAVU’s growth platform
2021 2022
March Hopper July FT financing September May 5,000 m drill
February CSE May Star
Property Option and Start of Drill January financing program at
listing Drill Results Acquisition
& financing Program Hopper
• Oversubscribed • Oversubscribed FT • Highest-grade skarn • Non-brokered • Acquisition of Star, a • Drill results expected
private placement private placement for intersect1 on Hopper: oversubscribed proven porphyry to between June and
financing for $513,600 22.28 at 1.84% CuEq private placement 700 m depth. August
$610,000 • 815m in 5 holes in in Copper Castle financing for
• Data review Copper Castle 1
• First intersect of $3,500,000
• Drill targeting • 302m in 1 hole in copper porphyry style
Porphyry target propylitic alteration
and mineralization:
116.18 m @ 0.21% Cu
from surface
Hopper: Fully permitted and ready to scale
towards full-season drilling with up to 3 drills.
Star: Fully permitted for 200 drill sites, data
compilation and interpretation in progress
1Readers are referred to the Hopper NI43-101 report written by Jean Pautler in 2022 for full drill results prior to 2022. Star image shows .3, .2 and .15 Cu grade shells and was created by Prosper Gold Corp. Data has not been verified by the Company.
Q2 2022 PAGE 12Committed to stakeholder interests
CAVU’s philosophy: local communities benefit first from increased
economic activity
Hopper is in Champagne and Aishihik First Nations traditional
territory.
Progressive and mining-friendly First Nation
Dedicated to resource sharing
Exploration benefit agreement between CAFN and Strategic
metals assumed by CAVU upon signing of option deal
2021 Exploration:
Over 10% of exploration budget to First Nation run companies
Champagne and Aishihik traditional settlement land used for
2021 camp under a Traditional Activities Protection Act (TAPA)
permit
Star is in Tahltan and Taku River Tlingit Traditional Territory
Sophisticated and commercially-minded First Nations that are
used to exploration and development on their territory.
Q2 2022 PAGE 13Board of Directors
Dr. Jacob (Jaap) Verbaas, P. Geo. Lucia Theny, MSc., P. Geo. David Goertz, CPA, CA Danny Matthews, JD
CEO, Director Director Director Director
Dr. Verbaas is an exploration geologist Lucia Theny is a structural and Mr. Goertz is a partner with Dale Mr. Matthews is a corporate lawyer
with an MSc. from Utrecht University economic geologist with experience in Matheson Carr-Hilton Labonte, LLP., with extensive securities and
and a PhD from Simon Fraser base and precious metal exploration. Chartered Professional Accountants. corporate finance experience. Mr.
University. His strengths are regional Ms. Theny holds a B.Sc. (Honours) in David Goertz graduated from the Matthews is a legal consultant to
targeting as well as combining novel Earth and Environmental Sciences, University of Victoria with Bachelor of various Canadian publicly listed
technologies with traditional methods specializing in geology from the Commerce degree and has been a companies in the mining, life sciences
to further project-scale exploration University of British Columbia and a Chartered professional accountant for and technology sectors. He holds a
strategies. He has experience in M.Sc. in Earth Sciences, focused on more than 14 years and has been Juris Doctor and Bachelor of Science
Australia, northern Africa and Canada structural and economic geology from
with Vancouver based Dale Matheson from the University of Western
and has worked in executive roles for Simon Fraser University. Before joining
Carr-Hilton Labonte LLP Chartered Ontario and is a member of the Law
Canadian public exploration companies Mountain Boy, Lucia was a field
Professional Accountants since 2005, Society of British Columbia.
since 2017. Dr. Verbaas is a registered geologist for several junior exploration
becoming partner in the firm in 2011.
Professional Geologist with EGBC. companies where she has conducted
successful exploration programs on
grassroots and brownfields projects.
Q2 2022 PAGE 14Senior leadership & advisory board
Alex McAulay, CPA, CA Dr. Luke Bickerton Allen Edzerza
CFO VP Exploration Advisory board member
Mr. McAulay is an entrepreneur and Dr. Bickerton is a geoscientist with experience Mr. Edzerza has broad experience negotiating
experienced public company CFO and in regional mapping, mineral deposit research, with and for First Nations, both federal and
director. Mr. McAulay’s firm, ACM and exploration for both base- and precious- provincial governments and industry across
Management Inc., provides fractional CFO and metals in Canada and internationally. He has Canada and is a proud member of the Tahltan
regulatory guidance to assist public extensive experience in deposit and regional First Nation. Through his company Volta
companies. Alex has served as the CFO of scale structural analysis, hydrothermal and Solutions, brings important expertise to the
several listed companies and has assisted isotopic geochemistry, and developing company. Mr. Edzerza has negotiated
dozens of issuers in navigating the public greenfield to brownfield exploration projects. agreements between industry, first nations,
markets. Dr. Bickerton has obtained a B.Sc. (Hons) the provincial governments of BC and Yukon,
from St. Francis Xavier University in 2011, a and the government of Canada. His insight
M.Sc. From Simon Fraser University in 2013, and networks with First Nations across
and a Ph.D. from the Harquail School of Earth Canada will be beneficial to CAVU's future
Sciences at Laurentian University in 2021. exploration programs, First Nations
engagements, and future acquisitions.
Q2 2022 PAGE 15Share Structure
Shares Issued and Outstanding: 29,798,834
Warrants: 19,703,563
Options 2,965,000
Fully Diluted: 52,467,397
As of Feb 01, 2022
Q2 2022 PAGE 14CONTACT Dr. Jacob (Jaap) Verbaas, P. Geo. Walter Spagnuolo President/CEO Investor Relations 604 493 2997 604 306 8477 jverbaas@cavumining.com www.cavumining.com
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