Canada's Newest Emerging High-Grade GOLD Company - TSXV: ROVR OTCQB: ROVMF www.rovermetals.com
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Canada’s Newest
Emerging High-Grade
GOLD Company
TSXV: ROVR
OTCQB: ROVMF
www.rovermetals.com
About Us
Rover Metals Corp. (TSXV:ROVR; OTCQB:ROVMF; FRA: 4XO) Cabin Gold Project, NT, Canada
is a natural resource Exploration Junior Mining Company
specialized in North American precious metal resources.
• 100% owned Cabin Gold Portfolio
• Location: Northwest Territories, one of the most
underexplored areas in Canada
• Successful Jurisdiction:
o 14 million ounces of gold has been historically
mined in the region (city of Yellowknife, NT,
Canada).
o Rover’s Cabin Gold Group of Properties are
located within 130km2 to over 7,200,000 ounces
of proven gold deposit resources/reserves
currently being developed by other junior
miners.
• Potential for huge discovery
www.rovermetals.com 2
Leadership Group
Management
Judson Culter
CEO & Director
Keith Minty, P. Eng
President & Director
Oliver Foeste, CPA
CFO
Dave White, P.Geo
Exploration PM
Directors Advisory Board
Louis Covello, P.Geo Tookie Angus
Eugene Hodgson Robert Schafer, P.Geo
Salim Tharani Raul Sanabria, P.Geo
3
Cabin Gold Project
Infrastructure
• 145km Road to city (Yellowknife, NT, Canada).
• Hydro (Strutt Lake Hydro, NT Power Corp).
• Four junior gold miners 5-10 years ahead of
Rover in the mine building cycle.
• Readily available skilled mining labor in
surrounding towns and city.
Iron Formation Hosted Gold
• Three land parcels of gold claims:
1. Cabin Gold (2021 NEW drilling)
2. Slemon Gold
3. Camp Gold
• CAD$10MM invested into exploration
Comparable Historic Gold Mines
• Lupin Gold Mine, NT, Canada
• Homestake Gold Mine, S. Dakota, USA
www.rovermetals.com
4
N
Cabin Gold Project V Zone
Gold Resource Andrew North Zone
• The last historic resource estimated reported for the project are:
o 1987: 100,000 tons at 0.30 ounces per ton gold, averaging 8 g/t Camp North
Andrew South Zone
Zone
Au, by Aber Resources Ltd. (Diavik Diamond Mine) reported for
the single “Arrow Zone” (7 historic gold zones; 6 zones with an
unreported resource)
o 1984: Energy Mines and Resource Canada Mineral Bulletin Beaver Zone
MR223 records a mineral inventory of 43,900 tonnes at 4.39 Camp South Zone
grams per tonne gold; and 18,100 tonnes grading 7.89 grams
per tonne gold in the Andrew North Zone. Arrow Zone
o Historical error with 1980s assay lab uncovered by Rover in Q4-
100,000 tons at 0.30 oz/ton Au
2020 drill program. Resource grade across entire project is (*) historic resource)
higher than historically reported
o Historic resource confirmed and increased by Rover in Q4-2020
• Q4-2020 Drill results reported on next slide
Gold Resource Expansion
• CAD$3MM invested into exploration by Rover
• Q4-2020 14 g/t Au Ore Shoot Discovery at Arrow Andrew South
Zone
Zone
• Q3-2021 expansion drilling underway at Beaver
Zone and Andrew South Zone Beaver Zone
Arrow Zone
Iron Formation >15km
www.rovermetals.com 5
Cabin Gold’s “Arrow Zone” Drill Results Historic 86-13: New Hole CL-20-04: 14.23 g/t Au over 6.1m 2.32 g/t Au over 2.0m 5.68 g/t Au over 21.9m Historic 86-26: New Hole CL-20-05: 9.43 g/t Au over 5.9m 4.15 g/t Au over 9.67m Historic 86-10: New Hole CL-20-03: 10.84 g/t Au over 10.0m 6.97 g/t Au over 13.7m 8.31 g/t Au over 14.7m Historic 86-11: New Hole CL-20-03: 6.12 g/t Au over 7.1m 6.97 g/t Au over 13.7m Historic 86-28: New Hole CL-20-01: 11.74 g/t Au over 16.0m 7.94 g/t Au over 22.01m Historic 86-12: New Hole CL-20-01: 15.77 g/t Au over 8.02m 7.94 g/t Au over 22.01m Historic 86-28: New Hole CL-20-08: 11.74 g/t Au over 16.0m 13.6 g/t Au over 32.0m Historic 86-12: New Hole CL-20-08: 15.77 g/t Au over 8.02m 13.6 g/t Au over 32.0m Historic: New Hole CL-20-06: no gold values 7.55 g/t Au over 7.5m (All drill intercepts gold grade lengths are continuous weighted averages) Gold Resource Expansion at Arrow Zone by 30% in Q4-2020 and increase in average grade to 10 g/t Au. 6
Q3-2021 Drilling Underway V Zone
Highly Sulfidized (>30% pyrite) Drill Targets
• ~3,000 meter drill program underway
Andrew North Zone
• High-grade gold at the Arrow Zone (previous slide) is
associated with >30% sulfidization (pyrite)
• NEW Drill Targets were selected based on pyrite
content: Andrew South
o The Beaver Zone historic drilling reported >30% pyrite Zone
-400 meter step-out target from Arrow Zone
-preliminary results showing 90% increase to
reported historic grade
o The Andrew South Zone historic drilling reported >30% Beaver
pyrite. Target is a folding hinge in the iron formation.
Zone
Bugow Iron Formation Arrow
>15km Zone
www.rovermetals.com 7
Milestones
Q4 2020: Phase 1 drill program discovers 10 g/t avg. grade Au Ore Shoot at Arrow Zone
H1 2021: Raised $3.5MM for expansion drilling and exploration
Jul 2021: Phase 2 exploration program commences (incl. 25-30 diamond drill holes)
Sep 2021: Phase 2 drill results
Q4 2021: Finance winter exploration budget
Q1 2022: Drill previously defined high-grade gold zones/shoots at depth below 100 meters
H1 2022: NI 43-101 maiden (1st) Gold Resource to market
www.rovermetals.com 8
Top Canadian Junior Miners’ Drill Intersects In 2020
Rank: Company: Project: Intersection: AuEq. (m³):
New Found Gold
1 Queensway 19.0m @ 92.86g/t Au 1,764
(TSX-V) (formerly Mexican Gold)
Walker River Resources Corp.
2 Lapon Canyon 13.7m @ 96.03g/t Au 1,275
(TSX-V)
Gran Colombia Gold Corp.
3 Marmato 469.5m @ 2.29g/t Au; 3.2g/t Ag from 226.75m 1,092
(TSX)
Imperial Metals Corp.
4 Red Chris 720m @ 0.59g/t Au; 0.56% Cu from 394m 878
(TSX)
Wallbridge Mining Company Lt
5 Fenelon 19.0m @ 43.47g/t Au 826
(TSX)
Alamos Gold Inc.
6 Island Gold Mine 10.1m @ 75.79g/t Au 765
(TSX, NYSE)
Roxgold Inc.
7 Seguela 42.0m @ 16.97g/t Au 713
(TSX-V)
GT Gold Corp.
8 Tatogga 53.73m @ 10.0g/t Au; 46.84g/t Ag from 93.27m 566
(TSX-V)
Eldorado Gold Corp.
9 Lamaque 16.25m @ 34.81g/t Au 566
(TSX, NYSE)
Trevali Mining Corp. 68.74m @ 7.19% Zn, 2.57% Pb, 0.32% Cu, 86.45g/t Ag,
10 Caribou Mine 539
(TSX) 2.13g/t Au from 527.75m
No
Rover Metals Corp.
analyst Cabin Gold 31.9m @ 13.66 g/t Au 435
(TSX-V)
coverage
www.rovermetals.com
9
Key Takeaways
Return on Investment Phase 2 Exploration Drilling Underway
Average return of +53% steadily over 9-month Phase 2 Drilling Results expected to market
period to investors buying the company’s stock in Sep-2021.
prior to release of Phase 1 Exploration results.
+53% ROI measured on VWAP basis -Buy opportunity in stock market
Gold Price Forecast Independent Analyst Stock Coverage
2021: USD $1,900 / oz
2022: USD $2,000 / oz -In Q2-2021 Fundamental Research
2023: USD $2,350 / oz recommended Rover’s stock as a
BUY up to CAD $0.18 / share
-Rover bringing first gold resource
to market in H1-2022.
www.rovermetals.com 10Share Metrics
Common Shares 114,463,837
Options 8,117,679
Warrants 43,543,998
Fully Diluted 166,125,514 Management, Board, and Insiders ownership position is approximately 18%
52 week Hi/Lo $0.06 - $0.13
Options WAEP $0.12
Warrants WAEP $0.135
11Disclaimer
This Corporate Presentation (“Presentation”) includes “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”)
within the meaning of applicable Canadian securities legislation. All statements other than statements of historical facts included in this Presentation, including, without limitation,
those regarding Rover’s opinions and beliefs, business strategy, mineral resource estimates, ,ongoing or future development and exploration opportunities and projects, drilling, ,
geological modeling plans, , and plans and objectives of management for properties and operations are forward-looking statements. Generally, forward-looking statements can be
identified in this Presentation, without limitation, by the use of words or phrases such as “estimate”, “project”, "anticipate", "expect", "intend", "believe", "hope", "may" and
similar expressions, as well as "will", "shall" and all other indications of future tense.
Forward-looking statements are based on certain estimates, expectations, analysis and opinions that management believed reasonable at the time they were made or in certain
cases, on third party expert opinions. These forward-looking statements were derived utilizing numerous assumptions regarding expected growth, results of exploration and
development, performance and business prospects and opportunities, general business and economic conditions, interest rates, the supply and demand for, deliveries of, and the
level and volatility of prices of gold and related products, regulatory and governmental approvals, market competition, accuracy of mineral resource estimates and geological,
operational and price assumptions on which such estimates are based, conditions in financial markets, future financial performance of Rover and results of exploration and
development activities. While Rover considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Forward-looking
statements should not be read as a guarantee of future performance or results. To the extent any forward-looking statements constitute future-oriented financial information or
financial outlooks, as those terms are defined under applicable Canadian securities laws, such statements are being provided to describe the current anticipated potential of Rover
and readers are cautioned that these statements may not be appropriate for any other purpose, including investment decisions.
Such forward-looking statements involve known and unknown risks and uncertainties and other factors that may cause our actual events, results, performance or achievements to
be materially different from any future events, results, performance or achievements expressed or implied by such forward-looking statements. Risks and uncertainties that may
cause actual events, results, performance or achievements to vary materially include, but are not limited to, risks inherent to mineral exploration and development activities,
changes in gold prices, changes in interest and currency exchange rates, inaccurate geological and metallurgical assumptions, unanticipated operational difficulties, government
action or delays in the receipt of government approvals, adverse weather conditions, unanticipated events related to health, safety and environmental matters, labor disputes,
failure of counterparties to perform their contractual obligations, changes or further deterioration in general economic conditions. The foregoing list is not exhaustive of all factors
and assumptions which may have been used. We cannot assure you that actual events, performance or results will be consistent with these forward-looking statements and
management’s assumptions may prove to be incorrect. Our forward-looking statements reflect Rover’s views as at the date of this Presentation. Except as may be required by law
or regulation, Rover undertakes no obligation and expressly disclaims any responsibility or obligation or undertaking to publicly release any updates or to revise any forward-looking
statements, whether as a result of new information, future events or otherwise to reflect any change in Rover’s expectations or any change in events, conditions or circumstances
on which any such statement is based. Given these uncertainties, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of
the date made.
This Corporate Presentation (“Presentation”) includes “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”)
within the meaning of applicable Canadian securities legislation. All statements other than statements of historical facts included in this Presentation, including, without limitation,
those regarding Rover’s opinions and beliefs, business strategy, mineral resource estimates, ,ongoing or future development and exploration opportunities and projects, drilling, ,
geological modeling plans, , and plans and objectives of management for properties and operations are forward-looking statements. Generally, forward-looking statements can be
identified in this Presentation, without limitation, by the use of words or phrases such as “estimate”, “project”, "anticipate", "expect", "intend", "believe", "hope", "may" and
similar expressions, as well as "will", "shall" and all other indications of future tense.
www.rovermetals.com 12Contact Us
ROVER METALS CORP.
Suite 908 - 938 Howe Street
Vancouver, BC, V6Z 1N9, Canada
+1.778.754.2617
Fern Turner
fern@rovermetals.com
www.rovermetals.com
www.rovermetals.com 13Appendices www.rovermetals.com 14
H1-2021 Operational Updates
▪ Jan-2021 engaged Canada-based Momentum Public Relations Inc. (“Momentum PR”) as a
consultant for strategic business development and marketing of Rover’s stock to investors
-compensation structured on a performance basis, as measured by positive impacts on Rover’s
share price throughout the 12 month term.
▪ Feb-2021 completed its Frankfurt listing and engaged a German marketing campaign.
▪ Feb-2021 signed a First Nation endorsed Road Agreement and NT Govt Permit Amendment
-Road will reduce the company’s winter/spring exploration costs by ~35% until 2025.
▪ Feb-2021 locked-in a custom drill rig for the Cabin Lake Gold project with leading Yellowknife-based
drill company.
-The company negotiated a stand-by rate to the leave an NQ track platform drill on the
property year-round as turn-key solution to quickly commence drilling after future financings,
regardless of how busy the exploration sector is.
▪ Jun-2021 engaged U.S.-based RBMG Milestone Group for a 12 month term to provide investor
awareness to U.S. investors including non-deal road-shows.
▪ Jun-2021 closed CAD$3.5MM Financing to finance H2-2021 operations
▪ Jun-2021 Kick-off of Phase 2 Exploration Program at Cabin Gold Project.
▪ Jun-2021 marketing budget increased three times (x3) over prior year 2020.
www.rovermetals.com 15Phase 2 Exploration Drill Target #1
Arrow Zone
Beaver Zone (Q4-2020 discovery)
surface
400 meters along
Bugow Iron Formation
• Historic Hole (BQ core) DDH-88-61 reported 5m of 3.0 g/t Au >30% pyrite;
• Historic Hole (BQ core) DDH-88-61 reported 15m of 1.1 g/t Au >30% pyrite;
• Historic Holes (BQ core) DDH-87-49 and DDH-88-63 show continuity of 10 g/t Au Ore Shoot;
the sulfide zone > 20 meters;
• Indicates potential for another gold mineralized ore shoot >30% pyrite
16Phase 2 Exploration Drill Target #2
Andrew South Zone
• Historic Hole (BQ Core) DDH-87-45 reported 5.4m of 2.8 g/t Au >30% pyrite;
• Historic Hole (BQ Core) DDH-87-56 reported 15m of 0.9 g/t Au >30% pyrite;
• Historic Hole (BQ Core) DDH-87-56 intersected two sulfide rich zones
500 meters (both limbs around the hinge zone of the tightly folded sulfidized iron formation)
• Comparable iron formation gold deposits typically have better gold grade and
thickness in the folds and hinges
Beaver Zone 17You can also read
