Pacgold Limited · ASX:PGO
Pacgold — Investor Presentation (April 2022)
29 slides from Pacgold's investor presentation, Apr 20, 2022
Slide 1: Unlocking an Entire Gold Corridor
Unlocking an Entire Gold Corridor Alice River Gold Project ASX : PGO 20 April 2022 – Investor Presentation
Slide 2: Cautionary Statement
Cautionary Statement Important information & disclaimer PURPOSE OF THIS DOCUMENT This presentation has been prepared by Pacgold Limited (“PGO") in connection with its pro rata non-renounceable entitlement offer (Offer) of fully paid ordinary shares (New Shares) that was announced on Wednesday, 20 Ap
Slide 3: Cautionary Statement
Cautionary Statement Important information & disclaimer EXCLUSION OF REPRESENTATIONS OR WARRANTIES No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the
Slide 4: Pacgold Limited
Pacgold Limited Exceptional Gold Growth Opportunity – The Discovery Phase • Unlocking an overlooked 30km gold corridor in Nth Qld • First high-grade gold discovery in just 6 months • Capital raise to fund 18 months drilling – JORC Resource • Granted Mining Leases to fast track development • Very exp
Slide 5: Investment Highlights – Unlocking an Entire Gold Corridor
Investment Highlights – Unlocking an Entire Gold Corridor PACGOLD LIMITED (ASX:PGO) Alice River Gold Project – Outstanding success applying modern exploration to an overlooked gold asset • High-grade discovery on the F1a zone (Central Target) • 17m @ 9.3g/t Au from 192m incl. 3m @ 25.3g/t Au from 19
Slide 6: Company Snapshot – Tight Capital Structure
Company Snapshot – ASX: PGO Tight Capital Structure Capital Structure Shareholders Key Facts Top 20 37% • Only 49.3M shares on issue A$0.77 A$37.9M Other Share Price @ 19 April 22 Market Cap @ A$0.77 / Share 37% • Strong institutional support: 49.3M A$34.7M Ordinary Shares Enterprise Value 5.5M A$3.
Slide 7: Alice River Gold Project Overview
Alice River Gold Project Overview Acquisition & Mining History OPERATING AIRSTRIP • Limited exploration over past 20 years (held by private company) – Pacgold acquired FRESH WATER DAM the project in Dec 2020 CAMP • Overlooked opportunity – Pacgold achieving rapid success applying modern exploration
Slide 8: Project Location Overview
Project Location Overview Alice River Gold Project 7km of Priority Targets (right figure) 1. Central Target (F1a high-grade zone) 2. Southern Target 3. Northern Target >30km Regional Corridor (left figure) 4. Regional Target Pipeline Open pit Source: PGO ASX 14 Feb 2022 ASX: PGO | 8
Slide 9: IP Resistivity Geophysics
IP Resistivity Geophysics Success targeting resistivity lows (blue-purple) defining mineralised fault zone – First detailed IP survey Drill Section Northern Target Central Target Open pit Drill Section >7km Fault Zone Southern Target Resistivity IP Geophysics Source: PGO ASX 12 Jan 2022 and 14 Feb 2
Slide 10: Central Target – Long Section
Central Target – Long Section Gold mineralisation open along strike and at depth Source: PGO ASX 14 Feb 2022 ASX: PGO | 10
Slide 11: Central Target – Long Section
Central Target – Long Section High-Grade Gold Zones Source: PGO ASX 14 Feb 2022 ASX: PGO | 11
Slide 12: Central Target
Central Target Excellent early success targeting new IP geophysics – resistivity lows defining mineralised shears Source: PGO ASX 14 Feb 2022 ASX: PGO | 12
Slide 13: Central Target
Central Target Excellent early success targeting new IP geophysics – resistivity lows defining mineralised shears Source: PGO ASX 12 Jan 2022 and 14 Feb 2022 ASX: PGO | 13
Slide 14: Southern Target Northern Target
Southern Target Northern Target High-grade gold in limited previous shallow drilling Defining new extensions Source: PGO ASX 12 Jan 2022 and 14 Feb 2022 ASX: PGO | 14
Slide 15: Project Pipeline – Regional Structures
Project Pipeline – Regional Structures Excellent regional prospectivity - scalability to significantly expand 6m @ 1.1g/t Au 6m @ 2.7g/t Au 10m @ 1.7g/t Au 6m @ 12g/t Au • First Mover Opportunity – Pacgold first to apply new ideas to an entire corridor 30m @ 0.7g/t Au 6m @ 8.1g/t Au • Excellent hist
Slide 16: Experienced Board & Management
Experienced Board & Management Discovery | Project Financing | Mine Development Tony Schreck Managing Director Cathy Moises Non-Exec Chair Geologist with over 30 years of precious and base metal Geologist with over 30 years in resource finance industry exploration, business development and discovery
Slide 17: Unlocking an Entire Gold Corridor
Unlocking an Entire Gold Corridor New ideas, modern exploration and an overlooked opportunity High-grade F1a zone discovered within granted Mining Leases • 17m @ 9.3g/t Au from 192m incl. 3m @ 25.3g/t Au from 195m • 43m @ 3.0g/t Au from 214m incl. 6m @ 17.5g/t Au from 216m Aggressive expanded step-o
Slide 18: Capital Raising Summary
Capital Raising Summary April 2022 – Placement & Entitlement Offer ASX : PGO 20 April 2022 – Investor Presentation
Slide 19: Capital Raising Overview
Capital Raising Overview Key Details Structure and Size • Placement to sophisticated and professional investors to raise gross proceeds of approximately $7.8M, via the issue of approximately 12.3M New Shares utilising the Company’s existing placement capacity under ASX Listing Rule 7.1 and 7.1A. New
Slide 20: Capital Raising Overview
Capital Raising Overview Use of Funds Source $(M) Application $(M) Cash Balance – 31 Dec 2021 3.2 Drilling and Assays 5.3 Placement Proceeds 7.8 Exploration costs, Tenement costs, Environmental and Staff 4.0 Entitlement Offer Proceeds 3.2 Metallurgy and Mining Studies 0.1 Geophysics 0.2 Working Capi
Slide 21: Capital Raising Overview
Capital Raising Overview Indicative timetable Event Proposed Date Entitlement Offer announced Wednesday, 20 April 2022 Ex Date Friday, 22 April 2022 Record date Tuesday, 26 April 2022 Settlement of Placement Wednesday, 27 April 2022 New Shares under Placement are issued Thursday, 28 April 2022 Entit
Slide 22: Important Information – Key Risks
Pacgold Limited – ASX:PGO Important Information – Key Risks Risk Factors Exploration for minerals is both speculative and subject to a wide range of risks and, unless PGO makes a commercial discovery, potential investors may lose the entire value of their investment. Risk factors that could affect t
Slide 23: Important Information – Key Risks
Pacgold Limited – ASX:PGO Important Information – Key Risks Future capital requirements The Company has no operating revenue and is unlikely to generate any operating revenue unless and until its Alice River Gold Project, or future projects, are successfully developed and production commences. The f
Slide 24: Important Information – Key Risks
Pacgold Limited – ASX:PGO Important Information – Key Risks Operating risk The operations of the Company may be affected by various factors, including failure to locate or identify mineral deposits, failure to achieve predicted grades in exploration and mining, operational and technical difficulties
Slide 25: Important Information – Key Risks
Pacgold Limited – ASX:PGO Important Information – Key Risks Heritage risk Project tenements EPM 26266 and ML 2901 overlap recorded cultural heritage site points. Although these tenements overlap the cultural heritage site points, the Company is not prevented from conducting its work programmes. In a
Slide 26: Important Information – Key Risks
Pacgold Limited – ASX:PGO Important Information – Key Risks Further Information The information in this presentation is in summary form only and does not contain all the information necessary to fully evaluate any transaction or investment. It should be read in conjunction with the Company’s other p
Slide 27: Tony Schreck
Tony Schreck Managing Director tschreck@pacgold.com.au +61 (0) 419 683 196 WWW.PACGOLD.COM.AU
Slide 28: Appendix – Full Acquisition Terms
Appendix – Full Acquisition Terms Alice River Gold Project - 100% Pacgold Cumulative cash payments to vendor associated with Indicated Resource milestones • $300,000 payable if Pacgold defines a 500,000 oz Au JORC Code Indicated Resource • $750,000 payable if Pacgold defines a 750,000 oz Au JORC Cod
Slide 29: Donlin Exploration Model – Intrusion Related Gold
Donlin Exploration Model – Intrusion Related Gold Success applying the Donlin model to the Alice River Gold Project ASX: PGO | 29