Taruga Minerals Limited · ASX:TAR
Taruga Minerals — Taruga Gold — Shareholder Meeting (November 2015)
14 slides from Taruga Minerals's shareholder meeting presentation, Nov 25, 2015
Slide 1: Taruga Gold Limited – Value Adding Exploration in West Africa
For personal use only TARUGA GOLD LIMITED Value Adding Exploration in West Africa AGM Presentation November 2015
Slide 2: Competent Person Statement & Disclaimer
Competent Person Statement & Disclaimer For personal use only The information contained in this presentation has been prepared by Taruga Gold Limited (Company). The information in this Presentation that relates to exploration results and geological information is compiled by Mr Bernard Aylward. Mr A
Slide 3: Taruga Gold Limited – A Focussed Explorer
Taruga Gold Limited – A Focussed Explorer For personal use only Value • Board of experienced professionals focussed on generating Proposition shareholder value • Core skills at acquiring Projects and Recognising Value • Completion of Joint Venture, Farm-In and value adding agreements • Highly Experi
Slide 4: Taruga – Months of Activity
Taruga – 12 months of Activity For personal use only • Resolute Joint Venture – Cote d’Ivoire • Placement to Sprott Inc and Sophisticated Investors Raising $1M • Newcrest HOA signed for Dabakala Project – Cote d’Ivoire • Exploration drilling results for Nangalasso and Kambali projects - Mali 4
Slide 5: Strong Shareholder Support
Strong Shareholder Support $1 Million placement July 2015 For personal use only Announced $1M • Sprott Inc. subscribed to $500,000 placement and SPP • Support from existing major shareholders • New sophisticated investors entering register Sprott Rationale • Belief in West Africa as rich gold provin
Slide 6: Resolute Joint Venture
Resolute Joint Venture • Expenditure of US$3 Million to earn 75% in 3 concessions For personal use only • Exploration activity commenced – geochemical sampling and geological mapping • In event of discovery, Taruga free carried through to completion of Feasibility 6
Slide 7: Newcrest Heads of Agreements (JV)
Newcrest Heads of Agreements (JV) • Expenditure of US$1.7 Million to earn 75% in Dabakala Project For personal use only • US$750,000 in 12months, US$100,00 repayment to Taruga • Major Exploration campaign planned to infill and define strong geochemical anomalies defined by Taruga sampling 7
Slide 8: Taruga in Cote d'Ivoire
Taruga in Cote d’Ivoire • Taruga has executed two agreements with major gold mining companies For personal use only • Taruga has additional highly prospective concessions in Cote d’Ivoire and has completed reconnaissance geochemical sampling returning strong gold anomalies. • Exploration continues w
Slide 9: Capital Structure and Management
Capital Structure and Management For personal use only Listed February 7 2012 ASX Code TAR Market Cap A$1.6M Current Shares 24.97M Directors and 11.8% Management Shares Bernard Aylward BSc (Hons – Geol) Myles Campion Managing Director Non-Executive Director 20 years experience as Manager & Explorati
Slide 10: Taruga Gold – West Africa
Taruga Gold – West Africa For personal use only Mali Niger Côte d’Ivoire • Focus on West Africa - world class gold province • Projects in proven gold mineralised districts • Highly prospective exploration • Licences in pro-mining countries: Mali, Cote d’Ivoire and Niger 10
Slide 11: Mali Projects
Mali Projects • Focus on exploration of highly prospective projects with defined gold anomalism For personal use only • Located in highly mineralised southern Mali • Over 830km2 in the Nangalasso and SLAM projects 11
Slide 12: Nangalasso Project
Nangalasso Project For personal use only • Located in a highly-mineralised district and just 30km from the Syama mine • Reconnaissance drilling returned 3m at 7.12g/t gold within 21m at 1.25g/t gold, 1m at 7.8g/t gold , 3m at 7.84g/t gold • High-grade mineralised results from reconnaissance trench s
Slide 13: Nangalasso Geology
For personal use only Nangalasso Geology 13
Slide 14: Taruga Gold Limited – Contact
For personal use only TARUGA GOLD LIMITED For more information contact: Bernard Aylward Managing Director bernard.aylward@tarugagold.com.au +61 418 943 345 14