Heraldry Gold Corporation's latest update on the "Whiteburn Gold Project" in Queens County, Nova Scotia.

1. Heraldry Gold Corporation
Ronald Hawkes, President
Whiteburn:
Unlocking the
Mystery of
1000 Metres
Thickness of
Gold Veins

2. Heraldry Gold Corp.
• NS Department of Natural Resources and Renewables and the
Mineral Resources Development Fund (MRDF) program
• Rick Horne, Geological Consultant
• Dan MacIsaac, Geological Consultant
• Tom Healy, Mining Engineer
• Jennifer Sergeant, Executive Assistant
• Caledonia community (landowners and local businesses)
Whiteburn Gold Project
Acknowledgements

3. Heraldry Gold Corp.
• 1860 – the first reported Gold Discovery in eastern Nova
Scotia, with many to follow
• Gold associated with quartz was easy for prospectors to
identify
• Streams transecting the glacial till covering most of the
Province provided prospectors access to bedrock
• Soon many gold mining developments flourished
Whiteburn Gold Project
The Beginnings

4. Heraldry Gold Corp.
1. Touquoy Gold Mine validated NS’ successful gold mining potential
• Development permitting achieved
• Mine construction on time and on budget
• Production with no technical surprises
• Touquoy declared 3rd lowest-cost gold producer in Canada (2019)
2. Meguma Series gold potential has received minimal exploration
• Meguma extends for nearly 400 km strike length
• Historically, exploration only for gold in quartz veins
• Extensive glacial cover
• 65 gold mining districts provide a good first clue for exploration
Whiteburn Gold Project
Why Explore for Gold in Nova Scotia?

5. Heraldry Gold Corp.
• Located southwest of Caledonia in Queens Co., Nova Scotia
• One of 65 gold districts identified in NS
• Meguma Goldenville Formation (characterized by quartzites and slates,
varying amounts of carbonate alteration)
• Mining and production at Whiteburn had two periods of activity –
1887 to 1896 and 1935 to 1941:
o First reported gold discovery at Caledonia in 1884
o 3 mines and mills operating by 1887 and 7,544 ounces of gold
from 4,025 tons (1.87 oz/t) of crushed ore produced within the first
3 years of operation
Whiteburn Gold Project
Whiteburn Gold District – Historical Mining

6. Nova Scotia’s 65 Gold Districts Plus Other Metals
Heraldry Gold Corp.
Whiteburn Gold Project
GOLD MINING DISTRICTS AND
OTHER MINERAL OCCURENCES

7. Heraldry Gold Corp.
Weighted average grade
of gold recovered by
McGuire during his
three years of mining
was 90 g/t. Head grade
must have been in the
order of 130 g/t.
Historical Whiteburn Gold Production
Year
Ore Crushed
(Tons)
Gold Produced
(oz.)
Cumulative
Ore Crushed
1887 to Date
Cumulative
Gold Produced
1887 to Date
1887 1094 2305 1,094.00 2,305.00
1888 1292 2799 2,386.00 5,104.00
1889 1639 2440 4,025.00 7,544.00
1890 960 840 4,985.00 8,384.00
1891 803 813 5,788.00 9,197.00
1892 5,788.00 9,197.00
1893 649 448 6,437.00 9,645.00
1894 555 336 6,992.00 9,981.00
1896 151 95 7,143.00 10,076.00
1899 256 116 7,399.00 10,192.00
7,399.00 10,192.00
1902 37 27 7,436.00 10,219.00
1904 287 177 7,723.00 10,396.00
7,723.00 10,396.00
1937 199 112.374 7,922.00 10,508.37
1938 633 358.331 8,555.00 10,866.71
1939 471 209.098 9,026.00 11,075.80
1940 679 330.897 9,705.00 11,406.70
1941 527 242.2 10,232.00 11,648.90
Totals 10,232 11,648.9 10,232.00 11,648.90
Recovered Gold Grade (g/t) 1887-1896
Whiteburn Gold Project

8. Heraldry Gold Corp.
• In the late 19th century and early 20th century, the Geological Survey
of Canada conducted geological mapping and surveying of many of
the 65 Gold Mining Districts with E. R. Faribault as the primary
leader of this scientific endeavour.
• Faribault completed detailed topographic, surficial, and bedrock
surveying and geological mapping at Whiteburn from 1914 to 1916
and recorded 30+ high-grade bedding-concordant gold veins and 70+
excavated shafts, published on GSC Map 1690.
• His work provides the basis for much of the “modern” prospecting
and exploration. The following extracts from Faribault’s mapping
illustrate the value to current day explorers at Whiteburn.
Whiteburn Gold Project
Geological Mapping and Surveying of Gold Mining Districts
by Faribault Provides Basis for Exploration at Whiteburn

9. Heraldry Gold Corp.
Faribault’s Geology (GSC Map 1690, 1917)
Whiteburn Gold Project

10. Gold Veins Extend Over Strike Length of 1400 M
Heraldry Gold Corp.
Whiteburn Gold Project
Note the drumlins, which cover
the gold-bearing Meguma
Strike length potential of veins
more than 1400 metres
1417 m
Main Mining Area
(1887-1896)

11. Faribault Geology – Historical Mining Area
Heraldry Gold Corp.
Faribault detailed 30 veins showing
the thickness, surface trace, and dip,
plus shafts and shaft depths.
High-grade plunging “pay shoots”
within narrow veins provided early
miners very high-grade (several
oz/ton) stamp mill feed. We can
locate high grade “pay shoots” and
mine them by open pit.
Whiteburn Gold Project

12. Faribault’s Cross Section A-B of Identified Veins
Heraldry Gold Corp.
Note shafts and veins mined illustrated by heavy black lines
Whiteburn Gold Project

13. Heraldry Gold Corp.
• After cessation of mining in 1941, the area lay dormant until the
late 1970s
• Limited modern exploration has been undertaken by various
companies and individuals from the late 1970s to the present:
o 1981-82: Whiteburn Precious Metals, 6 DDH, 524 m
o 1987: Aerodat airborne surveying
o 2010-12: Atlantic Gold regional RC sampling
o 2017: Heraldry Gold Corporation founded by Ron Hawkes
(after he returned from Australia and founded Atlantic Gold
NL, leading to eventual Touquoy Mine development)
Whiteburn Gold Project
Whiteburn Gold District – Modern Exploration

14. Heraldry Gold Corp.
Whiteburn Gold Project
Entrance to Inclined Mining Shaft
Mined Rock From Main Mining Area

15. Heraldry Gold Corp.
• Licence area acquired in 2017; additional contiguous claims staked since (currently
80 claims, 13 sq. km)
• Exploration to uncover the potential for and distribution of additional gold:
o 2017: Split and assayed historical WPM core
o 2018-19: RC regional drilling, 1041 m in 67 holes (Areas A-F)
o 2019-20: RC detailed drilling, Smart-Little North and Dunbrack vein areas,
611 m in 30 holes (Areas G & H)
o 2020-21: Diamond drilling, Smart-Little North and Cole-Kelly vein areas, 33
holes (WH-20-DD01 to 20, 663 m & WH-21-DD01 to 14, 575 m)
o 2022: Diamond drilling, Dunbrack-Gammon South vein area, 6 holes (WH-
22-DD01 to 6, 497 m); detailed prospecting and mapping across the licence
o Experimenting with compositing samples and assaying by various methods
including fire assay, bottle roll leach, and metallic screen fire assay
Whiteburn Gold Project
Heraldry’s Exploration (2017-present)

16. Heraldry Gold Corp.
Whiteburn Gold Project
Heraldry’s Whiteburn Claims (EL 54927)
80 claims
(13 sq. km)

17. Heraldry Gold Corp.
Whiteburn Gold Project
Reverse Circulation (RC) Drill Rig Diamond Drill Rig

18. Heraldry Gold Corp.
Whiteburn Gold Project
Heraldry’s RC Drilling (Areas B and D-H)
Fences of holes drilled by
Heraldry to test strike
extensions of the known
veins followed by
detailed drilling in 2
areas. 2m composite
samples undergo fire
assay with follow up bulk
leach assaying of selected
samples.
RC “E”
RC “F”
RC “D”
RC “B”
RC “H”
RC “G”

19. RC Drilling (Areas B, D, F)
Heraldry Gold Corp.
Whiteburn Gold Project

20. Heraldry Gold Corp.
Whiteburn Gold Project
Cole-Kelly and Smart-Little North Vein Diamond Drilling
(26 DD holes along 267 m of strike at Cole-Kelly)

21. Heraldry Gold Corp.
Whiteburn Gold Project
Cole-Kelly Vein, Diamond Drilling Cross Section

22. Heraldry Gold Corp.
Whiteburn Gold Project
Weighted Average Grade Calculation
Weighted average
grade of this 13 m thick
block is 1.29 g/t

23. Heraldry Gold Corp.
Upper Slate Unit (USU) in Outcrop
Whiteburn Gold Project

24. Drill Core Showing Veins and Stratigraphy
Whiteburn Gold Project Heraldry Gold Corp.
Upper Slate Unit, Cole Vein
C-K Unit, Kelly Vein, Lower Slate Unit

25. Heraldry Gold Corp.
Whiteburn Gold Project
Coarse Gold (VG) and Quartz Veins in Drill Core

26. Heraldry Gold Corp.
Slate Units Identified from Research of
Mines Department Records
Whiteburn Gold Project

27. Heraldry Gold Corp.
Assays from Heraldry’s 2022 Prospecting/Sampling
(taken from Whiteburn Slates)
Whiteburn Gold Project

28. Heraldry Gold Corp.
Whiteburn Gold Project
50 m Conceptual Pit Location
“What If” Conceptual Economic Study
Two Stage Pit (200m x 200m x 50m)
Incorporating 12 veins including Kelly in the south to Gammon in the north
(many other assumptions)
W:O
Avg. Feed Grade
Mill Recovery
Tonnes Milled – Million
Payable oz.
Cost/T Milled $US (excluding royalties, transport)
Gold Price $US/oz
Net Revenue $US/oz (after royalties and transport)
Cost/oz (all in excluding capital) $US/oz
Gross Margin $US/oz
4.3:1
1.21
94%
1.66
60,000
31.10
1825
1642
800
842

29. Heraldry Gold Corp.
• The package of greywackes and slates with bedding-concordant gold-
bearing veins is huge
• 2.0+ km surface expression from the Historic Mining area to Murphy
Lake
• Apparent 1.4 km strike length of some individual veins, from the eastern
Historic Mining area to the West Mine area
• 1.0 km true thickness of the gold mineralised rock package known today,
from the Boyle Vein at the northern end of the Historic Mining Area to
Murphy Lake in the south
• See the next few slides illustrating the package in plan view and in cross
section
Whiteburn Gold Project
Heraldry’s Major Exploration Conclusion

30. Heraldry Gold Corp.
Whiteburn Gold Project
Note the section
A-B-C-D with a
surface length of
2.0 km and gold
veins occurrence
over the full length,
much of which is
unexplored.
Plan View of Geology from Historical Mining Area to Murphy Lake

31. Heraldry Gold Corp.
Whiteburn Gold Project
Cross Section of Known and Inferred Bedding-Concordant Veins
from Murphy Lake to Historic Mining Area

32. Heraldry Gold Corp.
Whiteburn Gold Project
Proposed Diamond Drilling

33. Heraldry Gold Corp.
• Historical mining recovered greater than 1 oz/ton of crushed mined material
• Two gold veins drilled at Murphy Lake; the historical mining and Faribault
geology suggest a huge 1000 m thick gold mineralised package of
greywackes, slates, and bedding-concordant gold veins at Whiteburn
• Open-pit potential has been enhanced by the continuity of mineralised slates
identified in drilling the Cole-Kelly cluster of veins. A 13 m true thickness of
slates and veins in Section C of the 2020 diamond drilling gave a weighted
average grade for the 13 m of 1.29 g/t.
• Coarse “nuggety” gold provides challenges in producing repeatable grades
• Many vein clusters remain untested by drilling – specifically the southern
area, from which grades of several ounces were recovered from historical
mining and crushing at stamp mills
Whiteburn Gold Project
Additional Exploration Conclusions

34. Heraldry Gold Corp.
• Determine the potential for the existence of additional thicker
mineralised slate units by prospecting and drilling
• Drill test the extension of the historical mining area 1000 m
thick package to Murphy Lake
• Acquire the Banks Claims covering the southwest extension of
the Whiteburn package of slates and greywackes
• Map and prospect the Banks Claims and diamond drill test the
auriferous slates and greywackes
Whiteburn Gold Project
Heraldry’s Exploration Recommendations

35. GOLD IN
NOVA SCOTIA
Let’s open our minds
to the opportunities!
Ronald Hawkes
rhawkes@rogers.com
506-471-0267
Heraldry Gold Corp.
Whiteburn Gold Project
Ron Hawkes at Plutonic c. 1993