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Investor Presentation SLAVE LAKE ZINC (SLZ:CSE) INVESTOR PRESENTATION WWW.ZINCCORP.CA Forward Looking Statement This presentation may include statements which, other than statements of historical facts, may be considered “forward–looking statements”. These may include, but are not limited to, statements with respect to the fu- ture financial or operating performance of the Company and its projects, the future price of Zinc or other met- al prices, the estimation of mineral resources, the timing and amount of future production, costs of produc- tion, capital, operating and exploration expenditures, costs and timing of development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of mining opera- tions, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and timing and possible outcome of regulatory matters. Often, but not always, forward–looking statements can be identified by the use of words such as “plans”, “expects”, “budgeted”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward–looking, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although the Company believes the expecta- tions expressed in such forward–looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and assumptions, and are not guarantees of future perfor- mance and actual results may differ materially from those expressed in the forward–looking statements. Such factors include, among others: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities, actual results of reclamation activities; conclusions of econom- ic evaluations; currency fluctuations; changes in project parameters as plans continue to be refined; changes in labour costs or costs of equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, cave–ins, pit–wall fail- ures, flooding, rock bursts and other acts of God or unfavourable operating conditions and losses, detrimental events that interfere with transportation of Zinc, including declaration of Force Majeure events, insurrection or war; delays in obtaining governmental approvals or financing or in the completion of development or con- struction activities. Although the Company has attempted to identify important factors that could cause actu- al actions, events or results to differ materially from those described in forward–looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward– looking statements will prove to be accurate, as actual results and fu- ture events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward– looking statements.Glen Macdonald, P.Geo. is the Q.P. as defined in National Instrument 43-101 and based on standards established by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), who has reviewed and approved the technical contents of this presentation. SLAVE LAKE ZINC (SLZ:CSE) SLAVE LAKE MINING QUICK FACTS: INTRODUCTION • Slave Lake Zinc Corp. intends to develop the potential of its 100% owned O’Connor Lake property, a historic zinc, lead, and copper Slave Lake Zinc is a mineral property. exploration company located in the Northwest Territories. • The property is located in the Northwest Territories of Canada, south of Great Slave Lake and to the east of Osisko Metals’ Pine STOCK INFORMATION: Point project. Ticker: SLZ Exchange: CSE • The property was initially developed after Shares issued and outstanding: 32,894,500 the Second World War and subsequently Options: 4,200,000 abandoned in 1952 when the prices of zinc Warrants: 3,097,250 and lead collapsed post war. Fully Diluted: 40,191,750 Insider Ownership: 20,650,000 • Slave Lake Zinc Corp. believes that it is well (Insider ownership is currently escrowed under the positioned to advance this project and to standard CSE escrow agreement) expand significantly the historic potential of the property. WWW.ZINCCORP.CA SLAVE LAKE ZINC (SLZ:CSE) WHY ZINC? Zinc is the fourth-most-consumed metal after iron, aluminum and copper1. It’s used in a multitude of everday goods like infrastructure, automobiles and electronics. 2 SIZESize OFof theZINCCHART Zinc MARKET TITLE Market (2015) 2015 END USES OF ZINC3 Rare Earth- $5 Uranium- $4B Molybdenum- $5B 1 Graphite,-$15B Silver- $20B Zinc- $34B Sources: 1 - https://investingnews.com/daily/resource-investing/base-metals-investing/zinc-investing/why-invest-in-zinc/ 2 - Infomine, EIA, World Gold Council 3 - ILZG WWW.ZINCCORP.CA SLAVE LAKE ZINC (SLZ:CSE) ZINC OUTLOOK ZINC MARKET QUICK FACTS: • The available produced, deliverable zinc inventories Critically low stockpiles and a lag in have declined to levels not seen since prior to 2006. new supply are creating favorable • In 2018 alone stockpiles are down 42%year-to-date market conditions for zinc. and down 46% year-over-year • Future zinc supplies have yet to materialize. Scotia Bank mining analysts now suggest that Chinese TOTAL ZINC INVENTORIES supplies may not be enough to supply China itself. • Even with new mines coming on stream in 2019, it now appears that the presumed new supply may not impact pricing or supply as had been presumed. • The backwardation in the commodities markets suggests that the refiners are not confident new supplies will be available to satisfy the market going forward. • Divergence of metals pricing from fundamentals can be seen in the short-term due to presumed international trade concerns and potential world economic slowdown. Sources: Scotia Daily Mining Scoop -- 16 Nov 2018 + 21 Nov 2018 WWW.ZINCCORP.CA SLAVE LAKE ZINC (SLZ:CSE) O’CONNOR PROJECT O’CONNOR PROJECT QUICK FACTS: We are in a world class mining district: Power Proximity We are only about 60km from the 18-mw The Northwest Territories of Canada. power plant of the NTPC (Northwest Territories Our main property, named “The O’Connor Power Corporation) Project”, is located in the South Slave Region Close proximity to major city centers and of the Northwest Territories, 185 km southeast other mining properties of Yellowknife at O’Connor Lake. With very high grades, and no work having been done on the 185km from Yellowknife by air project since 1952, it became evident very 148 km from Pine Point (Osisko Metals) quickly that we had the potential for a significant Access to Pine Point infrastructure on zinc/lead-based project to advance. the same all-weather road between Hay River and Fort Resolution Map of Canada Land Use Permit has been granted and is good until 2022 Phase 1 exploration program underway. O’Connor Project Initial rock sampling and magnetic mapping completed Pine Point NTPC Power Plant WWW.ZINCCORP.CA SLAVE LAKE ZINC (SLZ:CSE) PROJECT HISTORY O’CONNOR PROJECT HISTORY NOTES: In 1948, prospectors from Yellowknife NT following up on • American Yellowknife constructed a 45-mile winter earlier leads, discovered high grade lead, zinc, silver, and access road from Rocher River copper showings at O’Connor lake, and staked the MWK property (now known as The O’Connor Project). • After drilling an additional 55 core holes the Company moved mining equipment to the site. They conducted prospecting and trenching programs on the main zones in 1949, and 12 holes of core drilling in 1950. In • During 1952 they sank a 3-compartment shaft to a depth 1951 American Yellowknife Gold Mines purchased the claims of 180 feet (55 meters) and cut a shaft station at the and started a program of diamond drilling. 150-foot level. Lateral development consisted of a 38-meter crosscut and 62 meters of drifting along the mineralization. • A test shipment of 35 tons of ore was sent to the CM&S smelter at Trail for metallurgical purposes for mill design. • The MWK mine site at the time consisted of cookhouse, bunkhouse warehouse, office and a mine managers residence. A total of 30 people were employed at the mine on 1952. • Operations were suspended at the end of 1952 to await better metal prices WWW.ZINCCORP.CA SLAVE LAKE ZINC (SLZ:CSE) DEPOSIT TYPE It is useful to analyze the arguments in support of an “orogenic” hydrothermal origin. The following facts favour hydrothermal origin: • Localization of the quartz vein along the fracture zone in • The association of fluorite, apatite and adularia with the massive amphibolite. the quartz veins is suggestive of derivation from magmatic solutions. Adularia is associated with typical • Hydrothermal alteration of the wall rocks. The feldspathic epithermal deposits. alteration, though not very intense, is confined to the mineralized vein only. • The paragenesis of sphalerite-galena-chalcopyrite is characteristic of a large number of magmatic sulphide • Large quantities of coarsely crystalline quartz with deposits. cockade and comb structure resembling the epithermal deposits of Lindgren indicated
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