Provenance Gold Corp. · CSE:PAU
Provenance Gold — Investor Presentation (August 2024)
23 slides from Provenance Gold's investor presentation, August 2024
Slide 1: Investor Presentation
PROVENANCE ADVANCING TWO NEAR-SURFACE SOU D SYSTEMS IN NORTH PREC Si Eee CANVESTOR PRESENTATION CSEPAU | OTCQB PVGDF PROVENANCEGOLD.COM
Slide 2: Capitalization
Capitalization 107,978,401 64,209,270 3,000,000 ~$634,000 SHARES OUTSTANDING WARRANTS OPTIONS CASH POSITION AS OF JUNE 30th, 2024 12% Insider Ownership 43% Institutional Holdings / Public Float Warrants Expiry Price Amount October 22nd, 2024 $0.20 11,973,999 November 4th, 2024 $0.20 1,596,077 Januar
Slide 3: Management & Directors
Management & Directors Rauno Perttu Rob Clark CO-FOUNDER, CHAIRMAN & CEO CO-FOUNDER & PRESIDENT Mr. Perttu is a registered professional geologist whose experience spans more than Mr. Clark is a driven entrepreneur and venture capitalist with over twenty-five years of 40 years covering all aspects of
Slide 4: Advisory Board
Advisory Board Jo Price, M.Sc., MBA, P.Geo Nathan Tribble, P.Geo TECHNICAL ADVISOR TECHNICAL ADVISOR Ms. Price is an independent geological consultant to a number of junior mining and Mr. Tribble, P.Geo. (ON) has 15 years of professional experience in exploration and exploration companies with over
Slide 5: Company Highlights
Company Highlights 43-101 exploration stage reports on both Fast tracking gold and silver exploration in the Eldorado and White Rock properties Nevada and Oregon completed in 2022-23 Two advanced properties with drill results Aggressive, strategic, proven and committed showing extensive gold mineral
Slide 6: Eldorado Project
Eldorado Project ▪ The Eldorado Project is located approximately 60 kilometres (km; 38 miles) northwest of Vale in Malheur County, Oregon. Malheur County also hosts Paramount Gold’s Grassy Mountain Gold Project. ▪ The property hosts a pre-43-101 non-compliant resource estimate of 1.98M oz at 0.753 g
Slide 7: Gold System
Gold System The magmatic/hydrothermal mineralization at Eldorado is interpreted as a porphyry gold system. Mineralization is controlled by both strong fracture development and pyrite veining coincident with gold mineralization. Pyrite veining is common with gold being found in veinlets, fractures, a
Slide 8: Historic Work
Historic Work 1874 Placer gold production started 1980 Westley Mines Ltd. Drilled 18 RC holes for 903.7 m 1984 N. A. Degerstrom Inc. Drilled 30 RC holes for 792.5 m A historic 60-degree angled core hole that undercut this pit intersected 243.2 meters that assayed 1.8 g/t gold 1988 Ican Minerals Ltd.
Slide 9: Historic Drilling
Historic Drilling ▪ Historic work included 236 reverse circulation holes and six core holes totaling 21,867 meters. The latest non-compliant resource estimate, conducted by Ican Minerals in 1997 was: Resource Contained Company Grade Estimate Tons Ican Minerals 1,980,000 oz Au 90,000,000 0.753 g/t Au
Slide 10: 2023 Summary
2023 Summary Drill sections from 2023 Drill Program The success of the 2023 drill program, coupled with historic drilling that intersected gold far beyond the 2023 program, would suggest that the mineralized system at Eldorado is large, starts at the surface, extends to depth Drill Hole Trace and re
Slide 11: 2023 Summary
2023 Summary Hole ID From (m) To (m) Width (m) Grade (g/t Au) Gram Meters 0 30.48 30.480 0.551 16.825 ED-01 102.108 163.068 60.960 0.679 41.392 HOLE ED-01 Incl. 118.872 166.116 47.244 0.801 37.842 ▪ Located north of the only significant exposed outcrop 0.000 128.016 128.016 0.927 118.632 Incl. 27.43
Slide 12: 2023 Summary
2023 Summary HOLE ED-07 Hole ID From (m) To (m) Width (m) Grade Gram (g/t Au) Meters ▪ Drilled to a depth of 114m to the northwest, to twin a historic core 0.000 114.300 114.300 3.085 352.573 hole Incl. 35.052 68.580 33.528 7.603 254.924 ▪ Returned 33.5m of 7.63 g/t Au within continuous mineralizati
Slide 13: 2023 Drilling
2023 Drilling The primary purpose of the 2023 drill program was to: ▪ Confirm results reported in historic drill holes ▪ Expand the gold system’s known mineralized footprint through infill drilling of gaps in historic drilling ▪ Verify that the gold system continues deeper than the approx. 100-meter
Slide 14: Property Expansion
Property Expansion Following the strong results of the 2023 drill program, coupled with positive geological field investigations, Provenance has secured an additional 42 BLM claims through staking adjacent to the Eldorado property. As part of Provenance’s ongoing advancement at Eldorado, the expansi
Slide 15: 2024 Metallurgical Testing
2024 Metallurgical Testing ▪ Seven bulk samples collected from Provenance’s 2023 drill program Au Assay (ppm) were tested. Au Distributed in Sample Grav+Flot Cons (% Comments Head Direct Head Back Calc Recovered) ▪ Much of the Eldorado deposit is unoxidized. The bulk testing indicates (50g) from tes
Slide 16: 2024 Exploration
2024 Exploration Provenance is continuing to systematically advance the Eldorado project: ▪ Q3: Provenance plans a 5-hole 1,000 m diamond drill program that will allow for analysis of the mineralization’s structural framework and its controls that will guide future programs, and test deeper targets
Slide 17: White Rock Project
White Rock Project ▪ Provenance’s White Rock property in the northeastern corner of Elko County, Nevada hosts a large gold system within its 117 claims covering 2,396 acres. ▪ Total of 100 holes drilled to date totaling 12,329 meters ▪ All 35 recently drilled holes intercepted gold mineralization su
Slide 18: Historic Work
Historic Work 1984 Amax Exploration stakes 146 claims 1985 – 1989 Amax drilled 51 holes and discovers large near- surface, low-grade gold resource 1993 Kennecott Exploration drilled 9 holes, with highest historical grade 2003 Terraco Gold drilled 3 holes looking for deep Carlin-type deposits 2007 Go
Slide 19: Recent Results
Recent Results 0.1 G AU CUTOFF HOLE DEPTH INCLINE BEARING INTERVAL-FT THICKNESS-FT AU G/T AU OPT COMMENTS WR-15 500 -90 0 120-215 95 0.636 0.0185 Hole completed "Including" 160-185 25 1.452 0.042 235-410 175 0.197 0.0058 240-265 25 0.427 0.012 420-435 15 0.13 0.004 WR-16 300 -50 90 95-275 180 0.618
Slide 20: 2021 Drilling
2021 Drilling “It has been an extremely successful initial drilling program. Our work has given us a much clearer picture of the gold mineralization controls. We discovered our first feeder structure and started to outline extensive areas of strong gold mineralization. We also recognize several step
Slide 21: Drill Site Photos
Drill Site Photos 21
Slide 22: Disclaimer
Disclaimer General Disclaimer & Forward-Looking Statements demonstrated economic viability. Even if classified as a current resource, there is no The information contained herein is provided by Provenance Gold Corp. (“PGC” or certainty as to whether further exploration will result in any inferred mi
Slide 23: Corporate Office
Corporate Office 885 West Georgia Street, Suite 2200 Vancouver BC, Canada V6C 3E8 ~ CSE PAU i | OTCQB PVGDF PROVENANCE & _+1-541-930-0986 es @ email@provenancegold.com © provenancegold.com ® ¥ iin) ProvenanceGold
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