Edgewater Exploration Ltd. · TSXV:EDW.H
Edgewater Exploration — Investor Presentation (January 2014)
18 slides from Edgewater Exploration's investor presentation, January 2014
Slide 1: Advanced Stage Gold Projects
Advanced Stage Colt projects yanyZ014
Slide 2: Forward-looking statements
Certain statements in this document constitute “forward looking statements” which may not be based on historical fact. Such forward looking statements involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or in
Slide 3: Advanced Stage Gold Projects: Corcoesto and Enchi
100% owned Advanced Stage Corcoesto Gold Project NW, Spain (NI 43-101 PEA completed, Updated Measured & Indicated Resource) 51% own Advanced Stage Enchi Gold Project Ghana, West Africa (Inferred Resource) STRONG MANAGEMENT TEAM Proven mine builders, with experience internationally and specifically w
Slide 4: Corcoesto: 100% ownership, 15,000 ha along the gold belt
100% Ownership +15,000 ha along the Gold belt Conventional open-pit advanced stage gold project
Slide 5: First world, pro-mining jurisdiction advanced gold development project
FIRST WORLD, PRO-MINING JURISDICTION ADVANCED GOLD DEVELOPMENT PROJECT (Preliminary Economics Complete) PIT-CONSTRAINED GOLD RESOURCE (Significant Exploration Upside Potential) EXCELLENT LOCATION WITH ALL INFRASTRUCTURE IN PLACE FULL ENVIRONMENTAL IMPACT STATEMENT APPROVED (DEC. 2012) ALL LEVELS OF
Slide 6: Management team
George Salamis, President & CEO, Director Greg Smith, P.Geo, Vice President Exploration +20 years experience directing exploration, development, and mining +23 years exploration experience working for both junior & senior operations of a number of gold, base metal and coal projects, Mr. mining opera
Slide 7: Ownership and Share Structure
Ownership Share Structure Kinross Gold Issued & Outstanding 104,694,437 Corp 4% Warrants 15,900,000 @ 0.10 (2019) 15,900,000 Mgmt & Insiders 19% 666,720 Retail 45% 666, 720 @ 0.47 (2015) Options 7,830,000 Fully Diluted* 129,091,157 Institutional 32% Cash $1,100,000 January 2014 Market 8.0 Million Ca
Slide 8: Autonomous region, mine permits granted locally
• An autonomous region, all mine permits granted locally at the municipal and state levels (no federal approvals required), supportive from all levels of government • January 2013, Galician government approved the proposed 6,000 tpd Environmental Impact Statement (EIS). • Excellent logistics with ro
Slide 9: NI 43-101 Pit Constrained Resource Summary
Open-pit constrained 1.2 Million Ounce Gold Resource with significant potential at depth and on strike NI 43-101 Pit Constrained Resource Summary (0.5 & 0.8 g/t Gold Cut-off) Cutoff Tonnes Gold Contained Gold Resource Class (g/t Au) (x1000) g/t (x1000 oz) Measured 0.5 14,910 1.34 644 Indicated 0.5 9
Slide 10: Years 1-10 6,000 tpd Pre-Tax Financial Model
(Nov 2011) 6,000 tpd Years 1-10 (Base Case $US1300/oz) Average annual production (Au oz) 102,000 Average annual net revenue ($US M) 60.0 Metallurgical recovery (%) 89.1 Strip Ratio 8.0/1 Average annual net cost ($US/oz) 713 Capital cost ($US M) (17.5% Contingency) 160 Pre-Tax Financial Model** $1100
Slide 11: Capital cost ongoing, work confirms low capex
• Capital cost ongoing, work confirms 100 ton TRUCK low capex to date ORE FEED SAG MILL 6000 tpd FEED O/F • Operating costs inline with 2011 180 m3 CRUSHED ORE BIN STOCKPILE HYDRO O/S TRASH MAGNET Diam.44.0m Water CYCLONE TRASH Preliminary Economic Assessment FEEDER JAW CRUSHER O/S +5m U/S SCREEN OR
Slide 12: Waste rock/tailings
WASTE ROCK/TAILINGS
Slide 13: Potential resource below pits
Potential Resource below pits
Slide 14: Corcoesto Gold Project – Plan Map
Pozo Del Ingles Gold Zone Grade thickness long section Corcoesto Gold Project – Plan Map Open at Depth Potential extensions to structures on strike Peton de Lobo Gold Zone Grade thickness long section Current Open pit shell Cova Crea Zone Open at Depth Open at Depth
Slide 15: Enchi Gold Project: 51/49 joint venture with Kinross
• 51/49 Joint Venture with Kinross Gold (TSX: K) • Mid-stage exploration comprised of 8 licenses totaling 568km2 • Located above the highly prolific Bibiani Shear Zone which is host to two >5 million ounce deposits • Chirano Gold Mine ~40km NW covers 9km of the Bibiani Shear Zone • Enchi covers 50km
Slide 16: NI 43-101 Mineral Resource Summary
NI 43-101 Mineral Resource Summary Cutoff Gold Tonnes Contained Gold (g/t Au) g/t 0.30 71,241,000 0.65 1,489,295 0.40 51,633,000 0.76 1,269,739* 0.50 37,278,000 0.89 1,063,868 0.60 27,538,000 1.01 892,682 0.70 20,627,000 1.13 749,081 0.80 15,887,000 1.24 635,200 0.90 12,644,000 1.35 546,878 *West Af
Slide 17: Summary highlights
• Environmental Impact Permits – Approved • Updated Measured and Indicated Resource grew +200% completed with significant upside potential • Management team has extensive M&A, mine building, operational and in country open-pit expertise • Low capital, simple and short timeline • Committed to maximiz
Slide 18: Contact
Contact Ryan King, Vice-President 604 628 1012 rking@edgewaterx.com www.edgewaterx.com 18
Edgewater Exploration — Investor Presentation (January 2014) on 6ix