Gold Standard Ventures — Investor Presentation (October 2021)
28 slides from Gold Standard Ventures's investor presentation, October 2021
Slide 1: Nevada's Carlin Trend Corporate Presentation October 2021
TSX : GSV NYSE American : GSV NEVADA’S CARLIN TREND Corporate Presentation October 2021 NEVADA’S CARLIN TREND 1 TSX : GSV | NYSE AMERICAN : GSV
Slide 2: Cautionary Note
Cautionary Note TERMS OF USE AND DISCLAIMER - This presentation is being provided for the sole purpose of providing the recipients with background information about Gold Standard Ventures Corp. (“Gold Standard”). Market data and certain industry forecasts in this presentation were obtained from mark
Slide 3: Why Gold Standard Ventures ("GSV")?
Why Gold Standard Ventures (“GSV”)? ‘Tier 1’ Jurisdiction Experienced Leadership Team Nevada ranked as the #1 jurisdiction in the Proven track record of leadership team world for mining (1) in financing and developing projects Operations on the Carlin Trend have Nevada technical team led by Larry pr
Slide 4: Corporate Overview
Corporate Overview (as of June 30, 2021) Millions Holdings Holdings by Investor Class Basic Shares Outstanding 358.0 by Investor 60% - Institutional / Insider Options 16.3 class RSU’s 3.4 40% - Retail and Other FD Shares Outstanding 377.6 Market Capitalization (as of October 12, 2021) C$204 Leadersh
Slide 5: Dark Star
Dark Star Dark Star is mined in two phases, Main and North, early in the project life. The majority of Dark Star ore is run-of-mine (no crushing costs). Source: NI 43-101 Technical Report on South Railroad Project dated March 23, 2020. NEVADA’S CARLIN TREND 5 TSX : GSV | NYSE AMERICAN : GSV
Slide 6: Nevada Carlin Trend
N Nevada Carlin Trend CARLIN COMPLEX 20Moz P&P Reserves Carlin Trend hosts numerous gold projects Gold production from operations on the Carlin Trend has recently averaged over 1.5Moz per annum (1) Majority of land holdings on the trend controlled by Barrick-Newmont joint venture, Nevada Gold Mines
Slide 7: Land Package
N EMIGRANT / RAIN Land NORTH BULLION Package Sulphide mineralization POD / SWEET HOLLOW 90koz Ind Resources 47koz Inf Resources RAILROAD-PINION INDEPENDENCE TREND DARK STAR PINION RABBIT CREEK Plan of Operations TREND 883koz P&P Reserves 364koz P&P Reserves 921koz M&I Resources Boundary 544koz M&I R
Slide 8: Pre-Feasibility Study Summary
Pre-Feasibility Study Summary +8 years 923 AISC of Initial Capex: Expansion Capex: Mine Life at an average Gold Production; koz LOM $707 /oz $133M $65M grade of 0.82 g Au/t 146koz/year first 5 years over LOM After-Tax After-Tax Payback Average Annual FCF (excluding initial capital) NPV (5%) IRR Peri
Slide 9: Feasibility Study Additions / Optimizations
Feasibility Study Additions / Optimizations Trade-off Studies Metallurgical Test Work In-fill Drilling At Pinion Owner operated vs. contract Metallurgical test work at Dark Tighter drill spacing at Pinion mining, ROM vs. ROM/crush Star and majority of Pinion has intended to convert Inferred processi
Slide 10: Nevada Permitting Process
Nevada Permitting Process Current Baseline / Technical Studies 2020 to 2021 Plan of Operations Public Scoping Period & Draft EIS Development Final EIS Development Complete Meetings Q1 2021 Q4 2020 Record of Decision Submit Plan of Hire 3rd Party Public Draft EIS, Operations NEPA Contractor, Comment
Slide 11: Pinion
Pinion Pinion is mined in three phases, 1 through 3. Pinion Phases 4 and 5 (to the SE) and the SB Zone are the focus of drilling campaigns to extend the South Railroad Project mine life. Source: NI 43-101 Technical Report on South Railroad Project dated March 23, 2020. NEVADA’S CARLIN TREND 11 TSX :
Slide 12: Numerous Prospective Oxide Deposits
Numerous Prospective Oxide Deposits 1. Mineral Reserves Ongoing drilling intended to expand defined Mineral Pinion Reserves for inclusion in Feasibility Study Dark Star 2. Mineral Resources Jasperoid Wash Defined Mineral Resources; continued exploration and studies required to progress to Mineral Re
Slide 13: Pinion SB Zone
Pinion N Phase 1 Pit Outline Pinion Pinion SB Zone Phases 2 & 3 Pit Outline Pinion Phase 4 Resource Pit Outline Pinion Drilling Legend A’ Select SB Zone Drillholes PC20-22 SB-042 Pinion Phase 4 Resource Pit Outline ($1,500 Au) PIN14-38 Pinion SB Zone Target PR20-30 Pinion 200 meters SB Zone PIN14-42
Slide 14: Pinion SB Zone Cross Section
Pinion SB Zone Cross Section PR20-30 50.3m/1.04 g Au/t PIN14-42 PIN14-38 TD in Grade 70.1m/0.55 g Au/t PC20-22 TD in Grade 57.9m/1.01 g Au/t 61.1m/1.07g Au/t SB-042 B’ 25.9m/0.76 g Au/t A’ TD in Grade Surface PFS Pinion Resource Pit ($1,500 Au) OPEN SB ZONE 200m Note: See our news release April 15,
Slide 15: Pinion 2021 Drilling Focus
Pinion 2021 Drilling Focus Pinion N 7 reverse-circulation Phase 1 holes (~2,350m) Pit Outline Pinion Phases 2 & 3 4 reverse-circulation / Pit Outline core holes (~1,050m) Objectives Pinion Phases 4 & 5 Test the continuity and Resource Pit limits of the SB Zone Outline 200m Material for metallurgical
Slide 16: Dark Star 2021 Drilling Focus
Dark Star 2021 Drilling Focus N 30 reverse-circulation / Dark Star core holes (~3,900m) North Objectives Define the limits of the near-surface oxide mineralization at Dark Star Main Dark Star Main Convert Inferred resources to Measured and Indicated 200m Material for PFS Dark Star Reserve Pits metal
Slide 17: Catalysts
New Leadership Team Reconstitution of management for next phase of development Catalysts Advance Permitting Plan of Operations deemed complete by BLM; entering EIS process Increase Capital Markets Presence Additional research coverage, broker support 2020 Drill Assays Assays on Dark Star, Pi
Slide 18: Value Proposition
Value Proposition 85 91 91 85 86 85 78 78 69 69 67 60 Re-Rate Opportunity 36 Gold Standard is trading 0.76x at a valuation discount to 0.69x its precious metal 0.58x development peers 0.54x 0.40x 0.42x 0.43x 0.43x 0.32x 0.35x 0.36x 0.22x Bluestone Integra Gold Liberty Belo Sun Sabina Osisko Orezone
Slide 19: Appendix
TSX : GSV NYSE American : GSV Appendix NEVADA’S CARLIN TREND 19 TSX : GSV | NYSE AMERICAN : GSV
Slide 20: Additional Exploration Target Initiatives
Additional Exploration N Target Initiatives POD / SWEET HOLLOW POD / Sweet Hollow (3. Advanced Exploration Target) In-fill & step out drilling to expand oxide resource CENTRAL Jasperoid Wash (3. Advanced Exploration Target) BULLION Existing near-surface oxide resource Future step-out drilling to exp
Slide 21: Lewis Project
Lewis Project LEWIS PROPERTY N Lewis Project has strategic value 21.6 km2 on the Battle Mountain – Eureka mineral trend Adjacent to Nevada Gold Mines Phoenix Mine Inferred Resource estimate for Virgin Deposit 7.74 million tonnes Virgin Deposit 206koz Au @ 0.83 g Au/t 3.5Moz Ag @ 14.22 g Ag/t 2017 Am
Slide 22: Strong Management
Strong Strong MANAGEMENT Manag Management Jason Attew +25 years of financial and CFO of Goldcorp through the merger with Newmont. Extensive capital markets experience in investment banking at BMO ement President, CEO, Director corporate experience & Board Capital Markets. Most recently COO of Hecla
Slide 23: Railroad-Pinion Mineral Reserves
Tonnes Gold Silver Gold Silver ‘000 g Au/t g Ag/t koz koz Railroad- Proven Mineral Dark Star 5,430 1.39 243 Pinion Reserves Pinion 1,073 0.66 5.52 23 191 Mineral Total 6,503 1.27 266 191 Reserves Dark Star 23,881 0.83 640 Probable Mineral Reserves Pinion 16,814 0.63 4.65 341 2,515 Total 40,695 0.75
Slide 24: Railroad-Pinion M&I Mineral Resources
Tonnes Gold Silver Gold Silver ‘000 g Au/t g Ag/t koz koz Railroad- Measured Dark Star 5,857 1.31 246 Pinion M&I Mineral Resources Pinion 1,304 0.64 5.15 27 216 Mineral Total 7,161 1.19 273 216 Resources Indicated Mineral Dark Star 26,860 0.78 675 Resources Pinion 27,621 0.58 4.18 517 3,713 North Bu
Slide 25: Railroad-Pinion Inferred Mineral Resources
Railroad- Tonnes ‘000 Gold g Au/t Silver g Ag/t Gold koz Silver koz Pinion Inferred Inferred Mineral Dark Star 2,479 0.70 56 Mineral Resources Pinion 10,810 0.64 3.80 224 1,322 Resources Jasperoid Wash 10,569 0.33 111 North Bullion – Oxide 3,363 0.43 47 North Bullion – Sulphide 7,607 3.10 759 Total
Slide 26: Notes to Reserves and Resources Tables
Notes to Reserves and Resources Tables All estimates set forth in the Mineral Reserves and Mineral Resources table have been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”). The estimates of Mineral Reserves and Mineral Resources ha
Slide 27: Endnotes
Endnotes 1. Carlin Complex contains Proven Mineral Reserves of 12Moz gold (86Mt @ 4.22 g Au/t) and Probable Mineral Reserves of 8Moz gold (93Mt @ 2.69 g Au/t) as of December 31, 2020, as disclosed in “Barrick Gold Mineral Reserves and Mineral Resources Table” dated February 18, 2021. 2. “Average Ann
Slide 28: TSX : GSV NYSE American : GSV
TSX : GSV NYSE American : GSV NEVADA’S CARLIN TREND 28 TSX : GSV | NYSE AMERICAN : GSV
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