Golden Shield Resources Inc. · CSE:GSRI

Golden Shield Resources — Investor Presentation (January 2022)

23 slides from Golden Shield Resources's investor presentation, January 2022

  1. Slide 1: Advancing Gold Assets in Guyana

    Advancing Gold Assets in Guyana INVESTOR PRESENTATION January 2022

  2. Slide 2: Disclaimer

    2 // DISCLAIMER CONFIDENTIAL AND PRIVATE INFORMATION Certain statements in this presentation constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events or Golden Shield Resources Corporation. (“Golden Shield Resources”, Golden Sh

  3. Slide 3: Capital Structure Snapshot

    3 // CAPITAL STRUCTURE SNAPSHOT Current $2M Private Round* @ $0.85 + $1.35 Half-Warrant* Capitalization Summary Share Structure Post-Financing Common Shares 24.1M Total Common Shares 26.5M Shares from Current Round ($2m @ $0.85) 2.4M Warrants @ 1.35 3.6M Total Common Shares 26.5M Fully Diluted 30.1M

  4. Slide 4: Management

    4 // MANAGEMENT Hilbert is a geologist and entrepreneur who has over 35 years’ Leo is a geologist and senior executive in the mining and experience in the mineral exploration and mining industry. He Leo exploration industry with 25 years of experience. He currently Hilbert was the co-founder of and

  5. Slide 5: Board of Directors

    5 // BOARD OF DIRECTORS Alison Veljko Janine Redford, QC Brcic Richardson Director Director Director Alison is a lawyer who serves as a strategic advisor Veljko is the Vice President of Corporate to governments and private clients, bringing more Development at Inventa Capital and Vizsla Janine is a

  6. Slide 6: Guyana: A Golden Opportunity

    6 // GUYANA: A GOLDEN OPPORTUNITY SADIOLA HILL MALI 7.7M oz Au SYAMA MALI LOULO 7.6M oz Au MALI SIGUIRI 13.7M oz Au GUINEA HOUNDE Guyana is a geologically-rich country TOROPARU GUYANA FEKOLA 8.2M oz Au BURKINA FASO 5.6M oz Au containing the worlds most prospective, 10.5M oz Au MALI 7.6M GUINEA oz Au

  7. Slide 7: The Right Time for Guyana

    7 // THE RIGHT TIME FOR GUYANA Rapid economic growth Increasing M&A and JV activity Guyana was the fastest growing country in the February 2019 - Barrick JV with Reunion Gold world in 2020 at 30.9% GDP growth¹ for ~$10M Aurora Toruparu Oil boom Oko West August 2020 - Zijin acquires Guyana Oil discov

  8. Slide 8: Portfolio

    8 // G O L D E N S H I E L D ARAKAKA FISH CREEK PORTFOLIO 0 km 10 km Marudi Mountain (5,457 ha) • Historical Resource Estimate: • Indicated: 269,700 oz Au at 1.9 g/t • Inferred: 87,600 oz Au at 1.6 g/t • Updated resource estimated expected in 2022 • Improved understanding of ore controls • New targe

  9. Slide 9: Marudi Mountain Overview

    9 // M A R U D I M O U N T A I N OVERVIEW Marudi N. Ext. Toucan Ridge Marudi North Significant Resource Growth and Discovery Potential with 95% Property Still Unexplored Toucan Creek 5457 ha (54.7 km2), land package in Southwest Guyana, 100% owned Peace Creek Mam Creek Historical NI 43-101 resource

  10. Slide 10: Marudi Mountain Historical Drill Results

    10 // M A R U D I M O U N T A I N HISTORICAL DRILL RESULTS Interval Estimated % Grade Hole ID From To (m) True Width (g/t) MR91-059 18 132 114 25-35% 3.12 MR91-060 0 162.67 162.67 20-30% 3.11 MARUDI NORTH MR91-061 84 201 117 25-35% 4.43 No resource carried out to date MR91-068 87 159 72 40-50% 5.21

  11. Slide 11: Marudi Mountain Project Pipeline

    11 // TCN MNX. MDI M A R U D I M O U N T A I N PROJECT PIPELINE TCK PCK MAM Proven & Probable Resource Mine Development MZA NW2 MZX NW 3-5 Measured & Indicated Resource Preliminary Economic Assessment, 0 km 2 km Pre-Feasibility Study & Feasibility Study Indicated & Inferred Resource Resource Validat

  12. Slide 12: Marudi Mountain Exploration Analogue: The Rosebel Deposit, Suriname

    12 // MARUDI MOUNTAIN EXPLORATION ANALOGUE: THE ROSEBEL DEPOSIT, SURINAME (IAMGOLD) M A R U D I M O U N T A I N ROSEBEL,SURINAME • 11,600,000 Moz contained Au TCN • Mine Type: Multi-Open Pit MNX. • 8 Open Pits: Royal Hill, Pay Caro, East Pay Caro, Rosebel, Roma, Mayo, Koolhaven (not pictured) and MD

  13. Slide 13: Arakaka Overview and Workplan

    Legend 13 // Historical Drillhole Gold in soils (ppb) 5 - 12 A R A K A K A 12 - 25 25 - 50 OVERVIEW AND WORKPLAN 50 - 125 125 - 250 250 - 500 500 - 1,000 Large, 17,699 ha (176.9 km2) land package located in the Barama Greenstone Belts, 100% 1,000 - 5,000 owned 5,000 - 22,100 Over US $25M in expendit

  14. Slide 14: Fish Creek Overview

    14 // F I S H C R E E K OVERVIEW 6,028 ha (60.28 km2 ) land package, 100% owned, and proximal to the Arakaka property Drilling intersected multiple, widespread, high-grade mineralization zones: Drilling highlights include: FI-96/10: 11. 4 g/t Au over 7 m incl. 37.0 g/t Au over 2.0 m FI-97/19: 2.8 g/

  15. Slide 15: Use of Proceeds & Project Timelines

    15 // USE OF PROCEEDS & PROJECT TIMELINES H2 2021 H1 2022 H2 2022 Acquisitions to H2 2022 C$M MARUDI MOUNTAIN Fish Creek Payments FY 2021 0.19 Desktop Geological Modelling and Camp COMPLETED Marudi Acquisition 0.51 Upgrading Drill Target Definition COMPLETED Arakaka Acquisition 0.70 Mazoa Hill Resou

  16. Slide 16: Corporate Social Responsibility

    16 // CORPORATE SOCIAL RESPONSIBILITY CSR policy will be tailored to regional needs in coordination with government ministries, agencies and indigenous villages Employment Sustainable Development • Strengthen economy with preferential use of • Engage in dialogue, consultation and cooperation A commi

  17. Slide 17: For more information please contact

    info@goldenshield.ca For more information www.goldenshield.ca please contact: 1090 West Georgia Street, Suite 700 Vancouver, BC, V6E 3V7 Canada

  18. Slide 18: Option and Purchase Agreements

    18 // OPTION AND PURCHASE AGREEMENTS Project Ownership Consideration Additional Terms US$400k in cash (paid before IPO) Marudi Mountain 100% US$400k in shares at closing 500k additional shares at closing None Total Value: US$1.15M (C$1.47M) C$1M in shares upon reaching resource targets1 C$750k in ca

  19. Slide 19: The Marudi Prospecting License Agreement Summary

    19 // THE MARUDI PROSPECTING LICENSE AGREEMENT SUMMARY • The Marudi Mountain License has been reverted from a Mining License to a Prospecting License • A Special Mining Permit (SMP) has been issued that allocates 1012 acres of land within the Marudi Concession to artisanal miners for a five year per

  20. Slide 20: Marudi Work History

    20 // MARUDI WORK HISTORY Company Years Active Work Year Work Completed Geologic mapping, prospecting, trenching. 59 DDH (10,670 m). 84 m exploration adit Rupununi Gold Company 1946-1949 at Mazoa Hill NorMan Mines 1981 1981 2 DDH, preliminary metallurgical test work Noranda 1984 1984 Extension of ex

  21. Slide 21: Arakaka Work History

    21 // ARAKAKA WORK HISTORY Company Year Work Completed Golden Star Resources 1988-1994 Soil sampling, rock sampling and trenching Toscana Resouces 1994-1997 23 DDH, soil sampling 46 DDH (7438.7 m), 10,912 soil and auger samples, 8,399 rock, channel and trench samples, 516 stream Newmont / StrataGold

  22. Slide 22: Fish Creek Work History

    22 // FISH CREEK WORK HISTORY Company Years Active Work Year Work Completed Airborne geophysics (200 m line spacing), multi-element stream sediment 1994 sampling 1995 Geological mapping, Au-only stream sediemnt sampling, soil sampling. Golden 1994-1997 Star 1996 Geological mapping, line cutting and

  23. Slide 23: Mining & Exploration Licenses in Guyana

    23 // Mining & Exploration Licenses in Guyana Prospecting (Exploration) License VS. Mining License 3 years with 2 renewals of +1 Year 20 years with 7 renewals of +1 year Duration Permit Owner Type Cost / Acre Year 1 2 3 4 5 6+ Foreign US$5.00/ ac Cost US$.50 US$.60 US$1.00 US$1.50 US$2.00 US$3.00 /

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