Gfg Resources, Inc. · TSXV:GFG
Gfg Resources — Investor Presentation (August 2024)
31 slides from Gfg Resources's investor presentation, August 2024
Slide 1: Going for Gold
TSX-V: GFG | OTCQB: GFGSF GOING FOR GOLD Strong Portfolio of Highly Prospective District Scale Assets in Tier I Jurisdictions www.gfgresources.com August 2024
Slide 2: Cautionary Statement
Cautionary Statement Cautionary Note Regarding Forward-Looking Information This document contains certain forward-looking statements relating but not limited to the Company’s expectations, intentions, plans and beliefs. Forward-looking information can often be identified by forward-looking words suc
Slide 3: A North American Gold Explorer
A North American GOLD Explorer A Compelling Investment Opportunity Experienced Management & Board Highly credible, innovative & disciplined team with track record of success in Our Mission exploration, development & production • aggressively District Scale Opportunities Consolidated two district sca
Slide 4: Corporate Snapshot
Corporate Snapshot Major Insider Ownership & Backed by Strong Institutions Capital Structure Shares outstanding (basic) 240.4 million Warrants 30.0 million Shares outstanding (fully diluted) 280.4 million Share price C$0.09 Market Cap ~C$25 million Cash (June 2024) ~C$3.0 million Ownership Structure
Slide 5: Why Gold Exploration?
Why Gold Exploration? Quality Greenfield Opportunities are Rare Exploration Spend & Ounces Found : World 1985-2019 Exploration companies matter Moz Primary gold deposits only >100koz US$ Billion more than ever: 350 Est Unreported Discoveries $14 Moz Gold Found 300 $12 Exploration Expenditures • Lack
Slide 6: Surrounded by Majors
Surrounded by Majors World Class Gold District & Infrastructure Where is the best place to make the next BIG discovery? +150 M Au ozs in this map • Control the 2nd largest land position (+800 km2) • Projects strategically located along main structural breaks • Outstanding infrastructure, skilled lab
Slide 7: Goldarm: High Discovery Potential
Goldarm: High Discovery Potential Regional Landscape 30 km • Goldarm property consists of ~15,000 Ha • Located along a major crustal breaks – Pipestone & North • Strategic location - 40km from Timmins Pipestone Deformation Zones • Proximal to significant infrastructure & numerous mines • Opportunity
Slide 8: What We Have Done
What We Have Done Significant Progress & Demonstrating a Robust Gold System Assays: 8.34 g/t Au over 7.5 m 1.40 g/t Au over 31.1 m Acquired Montclerg Assays: 1.11 g/t Au over 23.0 m 8.46 g/t Au over 5.0 m 6.67 g/t Au over 6.0 m Assays: 1.56 g/t Au over 27.5 m Assays: Assays: 0.78 g/t Au over 40.5 m
Slide 9: Aljo Gold Mine Target
Aljo Gold Mine Target 30 km’s East of Montclerg • Started drilling Aljo in 2023 • Drilling to date has successfully returned high-grade gold across multiple vein systems along with broader intervals of low-grade mineralization ALJ-23-004: ALJ-23-011: • 3.65 g/t Au over 6.3 m incl. 18.40 g/t Au over
Slide 10: Aljo Gold Target
Aljo Gold Target High-Grade System with Significant Visible Gold • Phase 1 2024 drill program consisted of 5 holes (1,700 m) • Drilling focused on the downdip & lateral extension of the historic mine • 80-100 m step-out holes also completed to find extent of the gold system • Hole ALJ-24-012: Best i
Slide 11: High-Grade Gold Aljo Target
High-Grade Gold Aljo Target Visible Gold & Tellurides Assays Pending www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 11
Slide 12: A Growing Robust Gold System
A Growing Robust Gold System Continuity is Key • Exploration initially focused above 200 m depth to understand the controls & scale of the Main & Upper Footwall zones • With improved understanding targeting shifted to exploring the Lower Footwall Zone & associated parallel structures • Most recent d
Slide 13: Montclerg Gold Project
Montclerg Gold Project High-grade & Bulk Tonnage Results 3 distinct zones of gold mineralization Main Zone From (m) To (m) Length (m) Au (g/t) Step-Out Drilling at Depth & to the East is Showing a 62.5 65.4 90.0 95.6 27.5 31.1 1.56 1.40 Much Larger System is Present 108.0 131.0 23.0 1.11 79.5 106.5
Slide 14: A Step-Change At Depth
A Step-Change At Depth Geology Improving + Gold System Beyond 400 m • Hole MTC-29-059, a 150 m step-out down dip of MTC-23-057 (10.21 g/t Au over 2.7 m), successfully intersected the FW zone with 4.79 g/t Au over 12.8 m • Core demonstrated a meaningful change in the thickness of the Lower FW Zone fr
Slide 15: West Timmins Properties
West Timmins Properties Generating New Greenfield Targets in Elephant Country www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 15
Slide 16: Generating New Targets
Generating New Targets Muskego – New High Priority Drill Target • Reviewed 1,200+ till sample dataset including 7 Sonic drill transects (2021-2022) • New targets generated from recent compilation of 2022 Sonic data at Muskego swamp • Nickel sulphide target compilation brought focus on Chabot and Cha
Slide 17: Muskego Gold Target
Muskego Gold Target 30 km2 Area of the Abitibi that has Never Been Tested N Porcupine-Destor Fault Splay 45 gold grain count in-till 100% pristine Slate Rock Basalt &/or Melt-Out Au-in-Till Anomaly 2.26 g/t Au over 1.5m Up to 20% Py Po in banded MV and DIOR (Sonic Bedrock Sample) Poor melt-out till
Slide 18: Muskego Gold Target
Muskego Gold Target Up to 20% sulphide with Visible Gold Very encouraging textures & grade that straddles a regional scale axial planar structure Target Winter 2025 drill testing www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 18
Slide 19: Doré Till Survey
Doré Till Survey Preliminary ICP & BLEG Results www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
Slide 20: Our Strategy For Timmins
Our Strategy For Timmins Significant Opportunity to Expand & Discover Goldarm Budget: C$2.5M 1. Exploration program focus: • ~6,000 m of drilling • Advance the Aljo target • Expansion & definition of the MC & CX systems • Test greenfield targets – Carr • 3D geological modelling • Build target pipeli
Slide 21: Rattlesnake Hills Gold Project, Wyoming U.S.
Rattlesnake Hills Gold Project, Wyoming U.S. District Scale Gold Project Analogous to Cripple Creek & Wharf Deposits
Slide 22: Rattlesnake Hills Gold Project
Rattlesnake Hills Gold Project Divesting Asset to Patriot Gold Vault Wyoming One of the best jurisdictions for mining & exploration in the US District Scale Consolidated the entire district & have excellent infrastructure +USD$40 Million Invested 102km of drilling focused on a small Milestone Compen
Slide 23: Invest in GFG For……
Invest in GFG For…… Exposure to district scale assets in world class jurisdictions Our technical team that has a proven track record Our ability to finance projects Our promise to maximize $’s in the ground Opportunity to find the next Timmins Gold Mine Well-funded aggressive exploration programs &
Slide 24: Stay Informed & Connected
Contact Us: Stay Informed & Connected Marc Lepage, VP Business Development www.gfgresources.com marc@gfgresources.com 306-931-0930 202- 640 Broadway Ave Saskatoon, SK Canada S7N 1A9 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 24
Slide 25: Executive Team
Executive Team Biographies Brian Skanderbeg, P.Geo. - President & CEO, Director Mr. Skanderbeg was most recently President & CEO of Claude Resources Inc. which was acquired by SSR Mining for $337 million. He previously worked for Goldcorp, Inco Ltd. & Helio Resources, holding positions in both explo
Slide 26: Board of Directors
Board of Directors Biographies Patrick Downey, P.Eng. - Non-Executive Chair Mr. Downey has over 25 years of international experience in the resource industry. Mr. Downey has significant executive & board experience which includes, Claude Resources, Victoria Gold, Dalradian Resources, Elgin, Viceroy,
Slide 27: Footnotes
Footnotes 1. Sampling and Quality Control: Till Samples were collected from hand-dug pits by experienced samplers at depths up to 1 meter in a grid pattern with nominal spacing of 500 by 1000m in areas of till cover. Geochemical samples (~2 kilograms) were sieved to minus 230 mesh and analyzed for g
Slide 28: Belt Extension Analogs
Belt Extension Analogs Why the Swayze Hasn’t Been Explored Pen Gold Project Dore Gold Project www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 28
Slide 29: Geological Model of the District
Geological Model of the District Similar Setting as Timmins Gold Camp Pen Gold Project Dore Gold Project www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 29
Slide 30: Pen Gold Project
Pen Gold Project Till Sampling – An Important & Viable Target Generation Tool • A total of 1,200 regionally-spaced till samples have been collected since 2018 • Several prominent gold grain anomalies have been outlined (Slate, Boundary, Broadway) • The majority of suitable areas have been covered at
Slide 31: Multiple Opportunities for Discovery
Multiple Opportunities for Discovery Camp Scale Targets NUMEROUS PROSPECTIVE REGIONAL TARGET AREAS REMAIN A PRIORITY Foleyet HWY 101 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 31