Enduro Metals- Mines-and-Money-2021 - Corporate Presentation

Presentation for
Mines and Money March 24-26, 2021
“Exploration Experts in the Golden
Triangle”
mines

Certain statements contained in this presentation constitute forward-looking statements. These statements relate to future events
or the Corporation's future performance, business prospects or opportunities. All statements other than statements of historical fact
may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as
"seek", "anticipate", "plan", "continue", "estimate", "expect, "may", "will", "project", "predict", "potential", "targeting", "intend",
"could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.
The Corporation believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can
be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.
These statements speak only as of the date specified. The Corporation does not intend, and does not assume any obligation, to
update these forward-looking statements.
These forward-looking statements involve risks and uncertainties relating to, among other things, results of exploration activities, the
Corporation's limited experience with development-stage mining operations, uninsured risks, regulatory changes, defects in title,
availability of materials and equipment, timeliness of government approvals, changes in commodity and, particularly, gold prices,
actual performance of facilities, equipment and processes relative to specifications and expectations and anticipated environmental
impacts on operations. Actual results may differ materially from those expressed or implied by such forward-looking statements.
Qualified Person
The technical information with the Company’s website and presentations have been reviewed and approved by Mr. Maurizio Napoli,
P. Geo., a Director of Enduro Metals, a Qualified Person as defined by NI 43-101 standards, responsible for the scientific and technical
information contained herein. The Qualified Person has not completed sufficient work to verify all historic information on the
Property. During a site inspection of the Newmont Lake Project, historic drill core was inspected by the Qualified Person from certain
drill holes drilled between 2007-2008. Core from these select drill holes was confirmed to be complete, and the original collar
locations were verified by a Differential Global Positioning System. Measurements at each site confirmed the orientation information
for the select historic drill holes which have been part of an on-going analysis program to identify mineralization in the historic drill
core which was not previously sampled. The Qualified Person believes that drilling and analytical results were completed to industry
standard practices at the time of completion. Historic drill holes completed prior to 2006 could not be definitively verified due to
weathering and degradation of drill core, core boxes, and core/casing collar labels. The information provides information of the
exploration potential on the Property but may not be representative of expected mineralization. More drilling is needed to test for
mineralization in areas thought to be mineralized based on historic information.
Forward-Looking Statements
Mines & Money Presentation – March 24-26, 2021 www.endurometals.com
2
Watch for Regular Contributions
(Instagram, Facebook, Twitter and LinkedIn)
from Award-Winning Photographer &
Explorationist Anatole Tuzlak
"Trying to explain to people
how mineral exploration
works can be a very
challenging task and often
leaves people puzzled or
confused. Through
photography, my goal is to
capture day-to-day life on
what it takes to operate a
successful exploration season,
with the highest quality
standards in mind. To have
an opportunity to document
such an exciting project is an
honour and I can't wait to see
how the Newmont Lake story
in the amazing Golden
Triangle continues to unfold."

• Exploration specialists in the Golden
triangle, having explored over 3,000 km2
for both major and junior companies
• Director and advisory team of proven
mine finders & builders
• Young geological team using
state-of-the-art technology and next
generational approach to exploration
• Supported by experienced leadership
with financial and corporate expertise
INNOVATIVE AND ENTREPRENEURIAL TEAM
3

INVESTOR SUPPORT AND FUNDING
• Rob McEwen, one of North America’s most
successful mining entrepreneurs, is one of our
largest shareholders (invested $2.5M)
• Management and insiders hold a majority stake
in the company
• CEO is the largest shareholder having directly
invested over $2 million in cash
• $11M raised in latest financing - fully funded for
large-scope 2021 exploration & infrastructure
development
4
2002 - Rob McEwen sitting
on 100,000 ounces of gold
www.endurometals.com

FAST-TRACKED FOR 100% OWNERSHIP
Enduro entered into an 100% earn-in agreement with Romios
Gold for 43,600 hectares of mineral claims located in Tahltan First
Nation territory, within the heart of the Golden Triangle. Romios
consolidated the area and held these claims for nearly twenty
years.
The Deal: $8,000,000 in expenditures over four years
12,000,000 shares of Enduro
$2,000,000 cash
Romios keeps a 2% Net Smelter Royalty (“NSR”) which can be
reduced anytime to 1% for $2M per 0.5%
Near Completed:
Only 4,000,000 shares by November 2021 & $1M cash
by February 2022 is deliverable to own 100% of the
Newmont Lake Project.
Staking: Enduro additionally staked 20,200 hectares which are
owned 100%. Any claims within 5kms of Romios
original boundary are subject to the NSR agreement.
Mines & Money Presentation – March 24-26, 2021 www.endurometals.com 5
$1,000,000
$1,000,000
4000000
4000000
4000000
$8,000,000
2019 2020 NOV- 21 F E B- 22
100% EARN-IN: NEWMONT LAKE PROJECT
ON 436KM2
Cash Shares Expenditures

6
A key mandate for Enduro is
to work closely with British Columbia’s
Tahltan Nation to honour their values,
help build prosperous communities and
remain good stewards of
the environment.
We are proud to work together, be a part of their
family and call them our friends.
Learn more: tahltan.org
TAHLTAN NATION SUPPORT
AND PARTNERSHIPS
Tahltan Central Government President Chad Day and Father Norm Day visiting with Enduro’s all-Tahltan drilling team at the Ridge Zone

Metal Prices
Gold price is up x6 and Copper is
up x5 since the early 2000s
Advancing Projects
Brucejack, KSM, Saddle North, Red
Chris, Galore Creek, Schaft Creek &
extensions at Eskay Creek
Community Relations
Increased collaboration shows another
step towards positive mineral
development
New Infrastructure
Paved highway and transmission lines
dramatically reduce operating costs
Receding Icefields
Vast tracks of highly prospective,
untouched ground are increasingly
being revealed
OPPORTUNITIES IN THE
GOLDEN TRIANGLE
7

Over $4.5 Billion in Recent Infrastructure Investment:
“Building infrastructure, reducing cost of doing business”
Newmont Lake Project
Outtake of Hydroelectric facility
Altagas Camp
Transmission Line
✓ Hydroelectric Powerplant Complex
✓ 303 Megawatt Total Capacity
✓ Completed in 2016
✓ 287 Kilovolt Transmission Line
✓ Paved 2-Lane Highway
✓ 2x All-Weather Access Roads
✓ Additional ~100km under Construction
or Proposed
✓ Bob Quinn Air Strip
✓ 4100ft Gravel Runway
Bob Quinn Air Strip
BC-37 Highway

• Constructed in 2019
• Up to 50-person Capacity
• 1,100ft Airstrip
• 2 Helicopter Pads
• Bulk Fuel Tanks
• Drilling Equipment
• Heavy Equipment Storage
• Winter road access being accessed
• Communications Infrastructure
• Turn-Key Operation
• Room to Grow
• Perfectly situated in a valley
NEWMONT LAKE BASE CAMP

Tatogga
15%
Galore
10%
NML
< 1%
Eskay
19%
Sulphurets
31%
Stewart
25%
1. Tatogga Area > 1,200,000m of
drilling
2. Galore Area > 900,000m of drilling
3. Eskay Area > 1,600,000m of drilling
4. Sulphurets Area > 2,500,000m of
drilling
5. Stewart Area > 2,000,000m of
drilling
Red Chris, Saddle, GJ,
North ROK
Galore Creek, Schaft Creek,
Copper Canyon
Eskay Creek, Snip, Quartz
Rise
KSM, Brucejack, Snowfield,
Treaty Creek
Premier, Granduc, Red
Mountain, Scottie
The purpose of regional comparisons is to demonstrate the
relative lack of drilling and exploration in the Newmont
Lake area relative to other areas of the Golden Triangle
Enduro Metals cautions investors that mineralization, on adjacent and neighbouring
projects is not necessarily indicative of mineralization on the Company’s properties.
1
2
3
4
5
EQUAL AREA MAP OF THE GOLDEN TRIANGLE
Newmont Lake = just 43,000m of
drilling
Mines & Money Presentation – March 24-26, 2021 10

??
??
FOUR DISTINCT SYSTEMS WITH DISTRICT-SCALE POTENTIAL
Burgundy/72
Copper-Gold Alkalic
Porphyry
McLymont Fault
High-Grade Gold-Copper
Epithermal + Skarn Cuba
High-Grade Silver-Zinc-Copper
Epithermal + Skarn
Chachi
Multi-Element, Alkalic
Porphyry/IOCG?
5 km
Newmont Lake
Graben
?
11

The Elevator Pitch
• Incredibly prospective property that was tied up through the entire modern era.
• The Address: a 63,800-hectare project located in the heart of the Golden Triangle.
• The project was never really explored, new team looking for the first time.
• Bright young technical team, with major skin in the game, backed by industry veterans, including McEwen.
• Upside potential is hosting similar deposits next door such as: Galore Creek, Red Chris, KSM-Treaty.
• Entering 3rd exploration season with excellent drill targets for high potential of discoveries.
• All targets open in all directions. Drill holes ended in mineralization.
• Fully-funded for an aggressive exploration program starting approximately June 1st, 2021.

• High-grade, multi-element hydrothermal
breccias
• Receding glaciers exposing mineralization at
surface
• First-ever diamond drilling conducted in 2019
• Adjacent high-grade gold
• 2.3km strike length trend
• 2019 drilled down to 420 metres, hole ended
in mineralization
• Multiple hotspots
• Much more to Discover!
-NEWMONT LAKE RIDGE ZONE Copper-Gold Alkalic Porphyry
www.endurometals.com 13
Mines & Money Presentation – March 24-26, 2021

BURGUNDY RIDGE OUTCROP AND GRAB
SAMPLES
-NEWMONT LAKE RIDGE ZONE
www.endurometals.com 14

37.00m of 1.31% Cu, 1.49 g/t Au, 23.26 g/t Ag,
and 2.97% Zn on surface
91.26m of 0.38% Cu, 0.30 g/t Au, and
4.12 g/t Ag @ 36.67m
1.00m of 6.70% Cu, and 55.9 g/t Ag
Within 2.60m of 3.64% Cu, 32.32 g/t Ag @ 262.35m
A’
A A’
-BURGUNDY RIDGE ZONE
15

Newmont Lake Project,
NW British Columbia
BRDDH19 – 016 @ 367.80 m
1.04 m of 0.9% Cu, 0.25 g/t Au, 12.93 g/t Ag and 3.5% Zn
BRDDH19 – 016 @ 144.86 m
BRDDH19 – 016 Representative photos of typical biotite + sulphide + quartz hydrothermal breccias at the
Burgundy Ridge target:
51.38 m of 0.46% Cu, 1.22%Zn, 0.17 g/t Au, 9.98 g/t Ag and 0.16% Pb starting @ 343.66 m
including 30.33 m of 0.64% Cu, 2.00% Zn, 0.25 g/t Au, 13.57 g/t Ag and 0.25% Pb
Intense, black biotite alteration is prevalent throughout breccia rimming sulphide veins and breccia clasts.
Biotite
Cpy + Bor
K-spar altered clasts
Sphal

Newmont Lake Project, NW British Columbia
BRDDH19 – 016 @ 360.44 m
0.81 m of 0.50% Cu, 0.16 g/t Au, 10.6 g/t Ag, 0.23% Pb and 2.2% Zn
BRDDH19 – 016 @ 352.65 m
0.78 m of 1.01% Cu, 0.54 g/t Au, 11.19 g/t Ag, 0.92% Pb, and 2.69% Zn
BRDDH19 – 016 Representative photos of typical biotite + sulphide + quartz
hydrothermal breccias at the Burgundy Ridge target:
51.38 m of 0.46% Cu, 1.22%Zn, 0.17 g/t Au, 9.98 g/t Ag and 0.16% Pb starting @
343.66 m including 30.33 m of 0.64% Cu, 2.00% Zn, 0.25 g/t Au, 13.57 g/t Ag
and 0.25% Pb
Sphal
Biotite
Cpy

BRDDH19 – 013 @ 171.94 m
BRDDH19 – 013 @ 170.04 m
0.58 m of 0.79% Cu, 0.19 g/t Au, 9.12 g/t Ag, and 0.36% Zn
BRDDH19 – 013 displays both high-grade Cu Skarn mineralization in
combination with similar hydrothermal breccia mineralization observed in
previous holes at Burgundy Ridge.
Massive Chalcopyrite
Biotite
Cpy + Bor

Channel/Trench Sample
BRCH19-01 Highlights
• 2.00% copper, 4.69% zinc, 2.27 g/t gold, and 34.36 g/t silver over 22.00
metres at surface
• Including 3.29% copper, 8.59% zinc, 3.75 g/t gold, and 63.40 g/t
silver over 10.00 metres at surface
• Including 1.31% copper, 2.97% zinc, 1.49 g/t gold, and 23.26 g/t
silver on surface over 37.00 metres on surface
1.07 g/t Au, 14.92 g/t Ag, and
0.81% Cu
0.54 g/t Au, 7.42 g/t Ag, and
0.47% Cu

On surface channel sample, 37.00m of 1.31% Cu, 1.49 g/t Au, 23.26
g/t Ag, and 2.97% Zn on surface approx. 100 meters NE and 250
meters up hole of BRDDH19-016 high-grade intercept.
Relating High-Grade Surface Channel Sample
Downhole
Image 1: Channel/trench Sample BRCH19-01
Image 2: K-spar+ biotite altered clasts within
hydrothermal breccia. Breccia clasts contain
stockwork quartz stringers with chalcopyrite.
Breccia infill consists of chalcopyrite + pyrite +
sphalerite.
1
2
51.38 m of 0.46% Cu, 1.22%Zn, 0.17
g/t Au, 9.98 g/t Ag and 0.16% Pb
7.14 m of 0.82% Cu, 0.76 g/t Au,
13.18 g/t Ag and 0.28% Zn

Areas of 2019 ice retreat
Unprecedented Glacial Retreat =
New Surface Discoveries
Rock islands east of Burgundy Ridge
expose syenitic – monzonitic
intrusions bearing chalcopyrite and
potassic alteration. These exposures
have never been drilled tested.
ROCK ISLANDS R
RIDGE ZONE

• Discovery of “blind” copper-gold alkalic porphyry with “First-Pass”
drilling on 3rd drill hole in 2019.
• 2.5 km from Burgundy Ridge
• Large alteration zone part of Burgundy System.
• STDDH19-006 (3rd hole at 72’ Zone target):
• 56.35m of 0.45% Cu, 0.33g/t Au and 3.44 g/t Ag starting @
225m
• Including 22.28m of 0.89% Cu, 0.71g/t Au and 6.65g/t Ag
• Identified using advanced hyperspectral technology and analysis.
• Never-before targeted for copper-gold porphyry until 2019.
72 ZONE R
RIDGE ZONE
22

STDDH19-006 (3rd hole at 72 Zone target):
56.35m of 0.45% Cu, 0.33g/t Au
and 3.44 g/t Ag starting @ 225m
Including 22.28m of 0.89% Cu,
0.71g/t Au and 6.65g/t Ag
Representative photos of STDDH19-006 from 224.88 m – 281.23 m
72 ZONE R
RIDGE ZONE
Gold Drill Result Histograms
Copper Drill Result Histograms
23

STDDH19 – 006 @ 239.3 m
1.96 m of 0.97% Cu & 0.9 g/t Au
STDDH19 – 006 @ 247.08 m
2.07 m of 0.58% Cu & 0.46 g/t Au
STDDH19-006 (3rd hole at 72 Zone target) Representative core photos of
porphyry-style, hypogene-mineralization within Interval:
56.35m of 0.45% Cu, 0.33g/t Au and 3.44 g/t Ag starting @ 225mIncluding
22.28m of 0.89% Cu, 0.71g/t Au and 6.65g/t Ag
Quartz-biotite-kspar-hematite alteration is pervasive throughout interval.
Biotite
Hematite Dusting feldspars
K-spar
Cpy + Bor

• Changes in the White Mica composition in the AlOH absorption feature
observed in STDDH19-006 synonymous with large-scale copper-gold
porphyry
• 3 targets total up to 1km in strike. First target successfully drilled, two
undrilled
• Data indicates 56.35m of 0.45% Cu, 0.33g/t Au and 3.44 g/t Ag is “tip of
the iceberg”
Undrilled Anomaly
Stock-work and disseminated
chalcopyrite-bornite within
potassic alteration of
secondary K-feldspar and
“shreddy” biotite within
STDDH19-006
Widespread stock-work and
disseminated pyrite within a
“phyllic” alteration
assemblage. Phyllic alteration
is an important alteration
assemblage often identified in
large porphyry systems
worldwide.
Decreasing
AlOH
Downhole
AlOH Cross Section
Copper Cross Section
72 ZONE RIDGE ZONE

27

28
PORTION OF ABANDONED UN-CUT, UNASSAYED
DRILL CORE AT OLD EXPLORATION CAMP
-NEWMONT LAKE--McLYMONT FAULT-

History – McLymont Fault
“The more we know of the past, the better prepared we are for the future.”
– Theodore Roosevelt
1987 Open…
• NW87-29: 11.20m of 55.02 g/t Au, 1,362.14 g/t Ag, and 0.97% Cu
• NW87-25: 13.10m of 13.82 g/t Au, 3.85 g/t Ag, and 0.25% Cu
• NW90-01: 17.40m of 12.04 g/t Au, and 0.15% Cu
• NW90-18: 0.80m of 903.99 g/t Au
1990 Closed…
What has changed over 35 years…?
DH87-29 (Gulf Minerals):
11.20 m of 55.02 g/t Au,
1,364 g/t Ag, & 0.97 % Cu
Underexplored area
with minimal drilling,
inadequate sampling,
and an elementary
system of understanding
Area of historic drilling with
inadequate sampling and an
elementary system of
understanding
A
A’
The technical information with the Company’s website and presentations have been reviewed and approved by Mr. Maurizio Napoli,
P. Geo., a Director of Enduro Metals, a Qualified Person as defined by NI 43-101 standards, responsible for the scientific and technical
information contained herein. The Qualified Person has not completed sufficient work to verify all historic information on the
Property. During a site inspection of the Newmont Lake Project, historic drill core was inspected by the Qualified Person from certain
drill holes drilled between 2007-2008. Core from these select drill holes was confirmed to be complete, and the original collar
locations were verified by a Differential Global Positioning System. Measurements at each site confirmed the orientation information
for the select historic drill holes which have been part of an on-going analysis program to identify mineralization in the historic drill
core which was not previously sampled. The Qualified Person believes that drilling and analytical results were completed to industry
standard practices at the time of completion. Historic drill holes completed prior to 2006 could not be definitively verified due to
weathering and degradation of drill core, core boxes, and core/casing collar labels. The information provides information of the
exploration potential on the Property but may not be representative of expected mineralization. More drilling is needed to test for
mineralization in areas thought to be mineralized based on historic information.

✓ >20km Newmont Graben Critical Structure
✓ Numerous high-grade gold occurrences
✓ Receding ice exposing new ground
✓ Multiple target areas of interest
✓ 3 gold mineralization types
✓ Grossly underexplored
Ken Zone
NW Zone
Arseno
Creek
Vera
New 2019 Chargeability Anomalies
- Need further work
Gold Fish
Cigar
Matterhorn
Denali
Alley
2 km

31
NE Extension - McLymont
Expanding Mineralization in 2019
NWDDH19-012: 188m of 1.10 g/t Au, 1.15 g/t Ag, and 0.10% Cu @ 67.00m outside historic geophysical
anomaly. Skarn horizon continues.
• 44.03m of 4.03 g/t Au, 4.06 g/t Ag and 0.29% Cu @ 82.00m.
• 8.03m of 15.11 g/t Au, 4.29 g/t Ag, and 0.68% Cu @ 106.32m.
• Including 1.00m of 76.56 g/t Au, 11.54 g/t Ag, and 0.47% Cu @ 111.35m.
NWDDH19-017 – feeder structures continue:
• 1.50m of 9.33 g/t Au, 16.29 g/t Ag, and 0.82% Cu @ 80.24m
• 1.62m of 14.84 g/t Au, 1.04 g/t Ag, and 0.06% Cu @ 189.00m
Upper Au
Zone
Lower Au
Zone
NWDDH19-017
High-Grade Au
Low-Grade Au
A A’
Three Gold Mineralization Styles
1. Massive pyrite-chalcopyrite skarn/replacement. Broad,
high-grade gold (photo 44.03m of 4.03 g/t Au, 4.06 g/t Ag,
and 0.29% Cu).
2. Deformed quartz-carbonate veining with chalcopyrite.
Narrow, high to ultra-high grade gold (photo 1.00m of 76.56
g/t Au, 11.54 g/t Ag, and 0.47% Cu). Examples >350.00 g/t Au
over 1m elsewhere in system.
3. Disseminated and stringer pyrite/chalcopyrite. Broad,
lower-grade gold intervals (photo 77.15m of 0.30 g/t Au,
0.30 g/t Ag). Increasing grade with depth. Only tested to
256m.

32
Goldfish
- 2019 deep IP survey.
- Similar IP anomaly along strike.
- No historic drilling in anomaly.
Apple
- Unconstrained high-grade feeder structures
- 39.02 g/t Au over 0.60m, no sampling within 112m.
- 185.00 g/t Au, and 108.00 g/t Ag over 0.33m, no
sampling within 41 m.
- 200m separation. 15.07 g/t Au rock sampled on surface
of structure potentially linking.
A
A’
A A’
2,000m Long Section +/- 100m
McLymont Fault Footwall
Historic IP Survey:
1. Too Shallow.
2. Missed Anomaly.
3. Wrongfully “Cut Off” Deposit.
NW Zone
- 144.00m of 3.18 g/t Au, 3.66 g/t Ag @ 9.51m.
Cigar
- 500m IP anomaly along strike
- Gold sampled on surface in 2019,
little known about area.
Date of Creation June 2020

Technical Presentation – Remote Roundup 2021 33
1st Released Drill Assay from 2020 diamond drilling reported intersected 8.85m of 31.09 g/t Gold
and 1.07% Copper in NE Extension of McLymont Fault
Proves Theories
Step-out drilling from last seasons
high-grade assays
*160m step-out from NW19-12
*285m step-out from R-08-07
Discovery of new style of high-grade
gold mineralization open along strike
and at depth.

NWDDH20-009 162.45 – 162.78 m
0.59 m of 225.30 g/t Au, 25.81 g/t Ag and 4.90% Cu
NWDDH20-009 165.20 – 163.90 m
0.70 m of 47.08 g/t Au, 13.5 g/t Ag and 2.62% Cu
NWDDH20 - 009 Representative core photos of high-grade epithermal veins at the
NW Zone. Total mineralized interval:
8.85 m of 31.09 g/t Au and 1.07% Cu starting @ 144.12 m
Visible Gold

35
November 2020 full interpretation of drill hole R-07-09: Enduro Reports 3.03 g/t Gold over 86 metres
by Adding 2.46 g/t Gold over 26 Metres from Previously Unidentified Mineralization in Historic Drilling
Cole Evans, President/CEO of Enduro commented, “The R-07-09
results provide additional evidence of previously unknown gold
mineralization similar to results from R-08-07’s 144.00m of 3.18
g/t Au reported this past July. This suggests there is significantly
more gold mineralization within the Northwest Zone than was
previously understood over much broader intervals. Pending
2020 drill results will help develop the relationship between
mineralization in the NW Zone and elsewhere along the
McLymont Fault, including our recent success from NW20-09 in
the NE Extension.”
Table 2: Summary of assays returning >10 g/t Au from R-07-09. True
width is estimated to be >90% of the reported core length based on
lithological modelling. R-07-09 was drilled vertically to a depth of
190.50m.
Table 1: Summary of combined new and historical assays of R-07-09
detailing mineralization. No grade cutting was used.

-NEWMONT LAKE--CHACHI-
36

37
Chachi Corridor –
Multi-Element Hydrothermal System
The Chachi Central Zone (CSZ) displays a strong chargeability anomaly outcropping at
surface where samples return >1% Cu and >50 g/t Ag. These rocks are highly silicified
by stockwork quartz veining with the main source of copper and silver mineralization
coming from disseminated tetrahedrite and tennantite. They often display
pseudobreccia textures and have faint copper-oxide staining on surface.

38
Induced Polarization Data in 3D
A
A’
• The 3D IP data shows the anomaly increasing in size at depth. This is encouraging as it could
indicate a potential source for the surface mineralization. This deeper anomaly could be a large
intrusion driving mineralization above.
• The 3D can also display the correlation with the outcropping IP anomaly and the high-grade Cu-
Ag samples on surface

39
A’
2020 discovery of colloform and crustiform
epithermal textures
Pseudobrecciated and silicified siltstone with
disseminated tetrahedrite and tennantite.
High-grade Ni-Co-Ag
mineralization flanking CSZ
This rock sample assayed 0.65% Cu and 71.10 g/t Ag
This rock sample assayed 7.7% Ni, 0.85% Co, 0.17% Cu
and 10.9 g/t Ag

40
Drill pad is already constructed to test in 2021
Large alteration
footprint at CSZ
• Drill Ready for 2021
Exploration Campaign
• Multi Element System
Spanning > 5 kilometers
• Endowed in Cu, Ag, Au, Ni,
Co, Pb and Zn
• Multiple systems at play
such as Alkalic Porphyry,
Epithermal, potential IOCG,
and Skarn
• Synectic Intrusions Dated to
Galore Creek in Age
• True Grassroots Discovery in
2019

41
• Silver-Lead-Zinc +/- copper carbonate replacement &
epithermal-type systems
• At least a 4.2km NNE-SSW mineralized trend with three
historic occurrences
• Cuba North
• Cuba South
• Thumper
• First-ever diamond drill hole completed in 2020 (assays
are pending)
• 3km (greater than 0.5 g/t) silver in soil anomaly
-NEWMONT LAKE--CUBA.

42
Chachi Corridor –
Multi-Element Hydrothermal System

Season 3 – June 2021

Meet Your Team
Cole Evans is the Co-Founder and President/CEO of HEG & Associates
Exploration Services Inc. He has been instrumental in building HEG
from an idea into one of Western Canada’s largest exploration service
companies focused on British Columbia’s Golden Triangle and South-
Central regions. Mr. Evans and his Team have been key individuals at
Enduro Metal’s Newmont Lake Project since its acquisition in Fall
2018.
Mr. Evans holds a B.Sc. (Hons) in Geology from the University of
British Columbia Okanagan specializing in applications of
hyperspectral analysis and applied geochemistry from the Charles
Fipke Centre for Innovative Research. He prides himself as being a
strategical, business minded geologist with a track record of
exponential growth of his private sector business endeavors.
Mr. Dylan Hunko B.Sc., is a co-founder of HEG & Associates along with
Enduro’s President/CEO Cole Evans and has been a critical figure in
the private company’s growth and success since its formation. HEG is
the single largest shareholder of Enduro Metals. Mr. Hunko is a skilled
project manager who has designed and executed projects for junior
explorers and major mining companies alike in North America. Mr.
Hunko started his exploration career with Archer Cathro in 2011 and
has worked as an exploration geologist for several companies
dominantly focused on the Golden Triangle of British Columbia,
Canada. He currently sits as Vice-President of the Bob Quinn Lake
Airport Society; an important infrastructure installment approximately
30km east of the Company’s Newmont Lake airstrip.
Mr. Malcolm Davidson, CPA, CA, is an outgoing and dynamic
corporate executive with nearly 20 years experience operating,
financing, and developing TSX and NYSE listed mining companies. Prior
to joining Enduro Metals, Mr. Davidson spent 8 years as CFO with
Avino Silver & Gold Mines helping develop the silver and gold
producer’s assets in Mexico and Canada. Also, during his tenure with
Avino, Mr. Davidson was CFO of Coral Gold Resources where he
played a key role in selling and negotiating royalties for the Company’s
primary asset in Nevada to Barrick Gold, in addition to consulting for
several other companies.
Mr. Roulston, well known for his Golden Triangle expertise that he has shared at conferences
and in national and international media, is currently Managing Director of WestBay Capital
Advisors, providing business advisory and capital markets expertise to junior and mid-tier
sectors of the mining industry. Previously, he was president of a company that provided
resource advisory services for U.S. private investors. Before that, he was a mining analyst
and consultant as well as editor of the very successful “Resource Opportunities”, an
independent investment publication focused on the mining industry. He is a mining
professional with a B.Sc. in geology and over 35 years of diverse experience in the sector.
Mr. Watkins is an international mining executive and trained geologist with over 45 years of
experience building and managing mining companies. His work throughout the world has
resulted in the discovery, development and operation of 15 successful precious and base
metal mines throughout North and South America, Australia, and Africa.
Mr. Watkins started his career with Newmont Mining and Noranda as an Exploration
Geologist working in Canada, Australia, Mexico, and Ecuador. He became Chief Geologist for
mining and exploration at Falconbridge Copper in 1977. By 1986, he was Vice President
Exploration of Falconbridge Copper, and later President of Minnova Inc., the successor
company to Falconbridge Copper until it’s acquisition by Inmet Mining in 1993. During his
tenure Mr. Watkins and his team discovered and built several mines that resulted in five
operating divisions producing gold, silver, copper, and zinc.
From 1993 to 1999, Mr. Watkins served as the Senior Vice President, Exploration for Cyprus
Amax Minerals until it’s $1.8 billion purchase by Phelps Dodge, a company later acquired by
Freeport-McMoRan to form the world’s largest publicly traded copper company. During Mr.
Watkins tenure the company produced copper, gold, molybdenum, lithium, and coal.
From 2000 to 2011, Mr. Watkins served as Chairman and CEO of Atna Resources, a company
engaged in exploration, development, and production of gold projects in the Americas. He
continued as Chairman from 2011 to 2016.
Mr. Watkins currently serves as Director of Euro Ressources S.A. | Gold Royalties (95%
owned IAMGOLD France S.A.S.), Golden Minerals Co., and Commander Resources.
Mr. Watkins graduated with a M.Sc. in Geology from Carleton University in 1970, a B.A. in
Geology from Queen’s University in 1967, and is a graduate of the Executive Business
Program at the University of Western Ontario. Mr. Watkins is a member of the Canadian
Institute of Mining and Metallurgy, Geological Association of Canada, Geological Society of
Nevada, and Prospectors and Developers Association of Canada.
Cole Evans - CEO
Dylan Hunko- COO
Malcolm Davidson - CFO
Lawrence Roulston - Director
David Watkins - Director
44

Meet Your Team
Mrs. Hermans is an international business consultant with over 25
years of experience advising global public companies, including
Newmont Goldcorp. She has business experience in France,
Australia, Canada, the United States, and Switzerland. She is fluent in
French, German, Spanish and English.
Mrs. Hermans began her career at Swiss Bank Corp. (now known as
UBS). In the mid-90’s Susanne joined TSX/NYSE-listed mid-tier
Golden Star Resources as its Financial Analyst. She later took on the
position of VP Finance & CFO with publicly traded, French gold
royalty company Euro Ressources S.A. There she took on increasing
roles and participated in investor relations, equity financing,
corporate development, joint ventures, royalty options, and
repurchase programs. After her roles, she now serves as an
Independent Board Member of Euro Ressources S.A.
Mrs. Hermans is a Chartered Global Management Accountant,
Certified Public Accountant in the State of Colorado. Susanne was
born in Switzerland where she completed an MBA in Organizational
and Managerial Leadership as well as her Bachelor of Science in
Business Administration. She received a Master of Science in
Accounting at the University of Colorado. She is currently a Member
of the CU Denver Accounting Advisory Council.
Mr. Maurizio “Mars” Napoli is an accomplished professional geologist
with over 33 years of experience in the mineral exploration business.
He began his career studying gold mineralization in Northern Ontario
with the Ministry of Northern Development and Mines. Subsequently
he worked for 30 years with Inco Ltd. and Vale Canada in the
Thompson and Sudbury nickel camps and with their North American
and Global Exploration groups exploring for Archean greenstone
gold, magmatic-hosted nickel-copper, uranium and porphyry-style
copper systems.
Napoli is an experienced exploration program manager from
grassroots and brownfield exploration through to discovery and
resource definition. He managed large exploration programs for Vale
Canada and Sudbury Basin groups. The exploration teams Mars
worked with enjoyed large world-class economic discoveries in
Thompson, Sudbury and South America.
Napoli, who graduated with honours in 1983 and received his
Master’s degree from Laurentian University in 2003, is a registered
Professional Geologist with the Association of Professional Geologists
of Ontario.
Ms. Deborah Cotter has over 25 years experience in the public markets for both
Canadian and US listed companies, managing securities compliance, corporate
governance, equity financings, and administration. Ms. Cotter is currently Corporate
Secretary of Terrace Energy Corp. and is the Corporate Secretary/Corporate
Compliance Lead for SpeakEasy Cannabis Club. Prior to that she held the position of
Corporate Secretary of CRH Medical Corp. and Corporate Secretary of ID Biomedical
Corp. until the time of its takeover offer by Glaxo Smith Kline plc. in December of
2005. ID Biomedical grew from an initial $3 million market capitalization to $1.7
billion at the time of its takeover offer from Glaxo Smith Kline plc. in 2005.
Mr. John Ryan, B.Sc. Hons, has 15 years experience specializing in the Canadian
Cordillera in both greenfields and brownfields exploration. Mr. Ryan spent 8 years
with Teck resources where he held a leadership role in developing industry leading
methods in applied geochemistry, hyperspectral analysis, and geometallurgical
modelling as a Senior Project Geologist at Teck’s Highland Valley Copper; Canada’s
largest copper mining complex. Prior to this, he held positions with both Sabina Gold
& Silver and Spanish Mountain Gold assisting in the delineation of the Hackett River
VMS deposit in northwestern Nunavut (subsequently purchased by Glencore), and the
SHV gold deposit at Spanish Mountain in central British Columbia, Canada.
Mr. Ryan holds a B.Sc. (Hons) in Geology from the University of British Columbia
Okanagan specializing in applied exploration geochemistry from the Charles Fipke
Centre for Innovative Research.
Mr. Sean Kingsley is a mining investor & entrepreneur. He has over 14 years
experience specializing in corporate development, corporate strategy, strategic
marketing, investor relations, advising & raising capital. He has a firm understanding
of the financial markets and broad experience in utilizing diverse methods for public
communications.
Mr. Kingsley has been working primarily within the public markets on developing
branding, awareness, education tools, creating long-term shareholders/stakeholders
along with being a strong public ambassador, advocate and speaker.
Terence S. Ortslan is a mining consultant and an independent director in the
industry. He has been associated with numerous companies and served on their
board of directors and various committees. He is a graduate mining engineer from
McGill University. He pursued his MBA studies and his adjunct professorship at the
same institution. After working at various mining operations, he has joined the
financial sector and advised various financial institutions for over forty years for their
investment strategies, criteria and opportunities within the mining sector.
He is a member of the Society of Mining Engineers, Prospectors & Developers
Association of Canada, Mineral Resource Analysts Group, National Association of
Business Economics and Canadian Institute of Mining, Metallurgy & Petroleum. He
has recently been awarded with the CIM Robert Elver Mineral Economics Award for
his significant contribution to the field of mineral economics in Canada.
Susanne Hermans - Director
Maurizio Napoli – Director & QP
Deborah Cotter – Corporate
Compliance Officer
John Ryan – Technical Advisor
Sean Kingsley – Director of
Communications
Terence Ortslan – Advisor to CEO
45

Financial Highlights and Forecast
46
Cash Balance: $4.0M
Working Capital: $4.8M
Mining Exploration Tax Credit (METC)
return expected in 2021 = $1.5-1.7M
• Invested over $17M in the Newmont Lake Property
• Reduced current liabilities and total debt by $2.2M (81%)
• New management has aggressively reduced expenses by over $500,000 with a
mandate to invest in its projects
• Enduro is financially well positioned for 2021’s exploration season with a
strong balance sheet
* Figures are based on Q1 – December 31, 2020 and compared to Q1 – December 31, 2019

Corporate Share Structure + Current Information
47
Current Share Price: $0.195 CAD
Market Capitalization: ~ $40M
Shares Outstanding: 205,450,569
Options: 9,620,000
Warrants: 73,125,796
Fully Diluted: 288,196,365
~ approximately as of March 29th, 2021
SIOCF
SOG
ENDR

Treaty / KSM:
• The Treaty resource is significant, as it has a higher gold to
copper ratio than KSM. This could be a sweetener for a gold
company considering KSM.
• Between Treaty and KSM/Snowfield, the metal endowment
(outlined so far) is: 166 million oz gold, 52 billion pounds of
copper and 860 million oz silver
• Contained metal value U$460 billion.
• All of that within a circle of 15 km diameter.
• Market value of the 4 companies that own all of this: C$2.4
billion (SEA, TUD, AMK, TEU).
Saddle / Red Chris:
• Newcrest has just announced another impressive hole: “RC678
returned 198 metres grading 0.89 gram per tonne gold and 0.83
per cent copper”.
• That hole is a 300-meter step out from a deposit that already has a
resource total of 20 million oz gold and 13 billion pounds of
copper.
• Newcrest stated, “The new intercept is open in all directions.”
• Newmont’s move on GT Gold may be pre-emptive to Newcrest
adding to the Red Chris project.
These 2 clusters contain: 206 million ounces
gold, 69 billion pounds of copper and 1 billion
ounces silver
Comparables

Reach out to us at anytime,
Thank you!

Enduro Metals- Mines-and-Money-2021 - Corporate Presentation

Recomendados

Recomendados

Mais conteúdo relacionado

Mais procurados

Mais procurados (20)

Semelhante a Enduro Metals- Mines-and-Money-2021 - Corporate Presentation

Semelhante a Enduro Metals- Mines-and-Money-2021 - Corporate Presentation (20)

Mais de MomentumPR

Mais de MomentumPR (20)

Último

Último (20)

Enduro Metals- Mines-and-Money-2021 - Corporate Presentation