Bravada Gold Corporation · TSXV:BVA
Bravada Gold — Investor Presentation (September 2016)
36 slides from Bravada Gold's investor presentation, September 2016
Slide 1: Value Through Exploration Success & Development
“Value Through Exploration Success & Development” NEVADA FACTS • Produces ~5MM oz Au/year, ~7% of the world total, ~1/4 from underground mines • Proven + probable gold reserves are stable, ~75MM ounces, replacing production nearly every year •Stable environmental regulations, economy & mining infras
Slide 2: Forward-looking Statement
Forward-looking Statement Some of the statements contained in this presentation may be deemed “forward-looking statements.” These include estimates and statements that describe the Company’s future plans, objectives or goals, and expectations of a stated condition or occurrence. Forward-looking stat
Slide 3: Nevada Focus
“A high-quality portfolio of properties with demonstrated gold mineralization in one of the world’s premier gold-producing regions & a track record of attracting funding partners to advance them” Nevada Focus Wind Mountain Shoshone Pediment (Oxide, open-pit/heap leach 43-101 (Baker Hughes permitting
Slide 4: Summary of Major Projects
Summary of Major Projects Wind Mountain • 100% owned by Bravada, Au & Ag open-pit/heap-leach • Updated NI 43-101 resource estimate & positive PEA in 2012 • Expansion potential of shallow resource & untested high-grade “Hishikari” target • Available Quito • High-grade Au, underground potential • Past
Slide 5: "Quantum" Project Pipeline
“Quantum” Project Pipeline Quantum level of value Identify risk/reward of projects that can be moved to next quantum level of value cost-effectively 29 property agreements with 18 public companies since 2005 • Minority working interest • Royalty interest BVA:TSX.V | BRTN: BRT: FSE FSE • Sale 5
Slide 6: Property Agreements - 2005-2015
Property Agreements - 2005-2015 BVA:TSX.V | BRTN: BRT: FSE FSE 6
Slide 7: Current Property Agreements
Current Property Agreements BVA:TSX.V | BRTN: BRT: FSE FSE 7
Slide 8: Wind Mountain - Historic Production by Amax Gold
Wind Mountain - Historic Production by Amax Gold 299,259oz Au recovered from 434,089oz Au mined, with 1,769,426oz Ag recovered (closure since 1997) Wind Mountain Open Pit Breeze Open Pit Wind Mountain Open Pit BVA:TSX.V | BRTN: BRT: FSE FSE 8
Slide 9: Wind Mountain Milestones
Wind Mountain Milestones 100% Bravada owned, Au/Ag open pit/heap leach 2006 – Earn-in option from Agnico Eagle 2007 - Resource estimate (no Ag resource reported) • M + I = 406,000oz Au (33.7MM short tons @ 0.012opt Au) • I = 92,000oz Au (9.8MM short tons @ 0.009opt Au) • “Not currently economic” = 4
Slide 10: Wind Mountain 2012 NI 43-101 Resource Update
Wind Mountain 2012 NI 43-101 Resource Update •Indicated resource increased to 570,500 oz gold from 405,543 ounces, an increase of 164,957 oz •Inferred resource increased to 354,300 oz gold from 92,437 ounces, an increase of 261,863 oz •Indicated resource contains 14,736,000 oz silver, whereas no pre
Slide 11: Wind Mountain – MDA's 2012 PEA
Wind Mountain – MDA’s 2012 PEA s BASE CASE - Open-pit contract mining w/ trucks, shovels, mile Hwy 44 7 ap pro x 10 ROM leaching, US$1,300/oz Au & $24.42/oz Ag fence Resource inside the pits = 42.1 million short tons of Indicated Resource Guard Station ADR Plant @ 0.011 oz Au/t & 0.26 oz Ag/t, and 2
Slide 12: Wind Mountain – MDA's 2012 PEA
Wind Mountain – MDA’s 2012 PEA $1,690Au & $31.75Ag increases IRR to 74% & NPV@5% to $136.2 million BVA:TSX.V||BRTN: BVA:TSX.V BRT: FSE FSE 12
Slide 13: Wind Mtn "Hishikari–type" Exploration Potential?
Wind Mtn “Hishikari–type” Exploration Potential? Breeze Wind & DeepMin South End North Hill deposit deposits deposit deposit Proposed core holes Preserved Gold mineralization ~300 meters Est. 1500’ TD Est. 1500’ TD X X X X Est. 2500’ TD X X X ~300 meters X X X X X BVA:TSX.V | BRTN: BRT: FSE FSE NOTE
Slide 14: Quito Project
QUITO PROJECT Looking Southeast 1986-1989 production reported 174,460 Oz Au from original published reserve of 1.7MM short tons @ 6.34g/t Au* *Bravada has not independently confirmed past production, and this historic figure should not be relied upon BVA:TSX.V | BRTN: FSE BRT: FSE 14
Slide 15: Quito Targets
Quito Targets Older Lower Plate Lower Plate Upper Plate Aspen Target Lower Plate Quito 1980’s open pits Q-4 Target Upper Plate Russ Target BVA:TSX.V | BRTN: FSE BRT: FSE 15
Slide 16: Unmined Mineralization, Aspen target
Unmined Mineralization, Aspen target 25’ (7.5m) of 0.517opt (17.7g/t) 15’ (4.5m) of 25’ (7.5m) of NOTE: 0.03 oz/ton = ~1 g/t Au 0.206opt (7.1g/t) 0.112opt (3.8g/t) 10’ (3m) of 0.367opt (12.6g/t) ? 25 meters NE of Quito open pit, looking to SW BVA:TSX.V | BRTN: FSE BRT: FSE 16
Slide 17: Quito – Russ Target / Q-4 Target
Quito – Russ Target Looking Northeast Mineralized Faults Upper Plate Lower Plate Quito – Q-4 Target Approximately a longitudinal view, looking west Upper Plate Calculated Intersection of Mineralized N20E & N20W Faults Lower Plate Proposed drill holes Mineralized Faults BVA:TSX.V | BRTN: FSE BRT: FSE
Slide 18: Quito Agreements
Quito Agreements Agreement 1 Bravada spends US$2.5MM over 5 years (Dec. 31, 2020) to earn 70%, then Meridian/Yamana can: • Option 1 - Elect to participate at 30%, • Option 2 - Elect to earn 51% should Bravada discover +2MM oz gold deposit by: Paying BVA 300% of Bravada expenditures, Funding BVA’
Slide 19: Cortez District
Cortez District Hilltop Colorback Project Robertson Gold Acres Pipeline Cortez Cortez Hills Horse Canyon/Mill Pediment Creek Red Hill/ Mine or major development project Gold Rush Upper Plate (non-43-101) mineral body 19
Slide 20: Colorback Target
Colorback Target Surface Sample 0.15m @ 4.5m/15’ @ 2.29g/t Au Projected ~30m/100’ 18.3g/t Au 1.5m/5’ @ 0.58g/t Au 12m/40’ @ 0.93g/t Au Projected ~36.6m/120’ 4.5m/15’ @ 0.48g/t Au Proposed ~360m/1,200’ Core Hole 6m/20’ @ 0.32g/t Au Top of favorable host High-grade Au in Upper Plate in Upper-Plate car
Slide 21: Proposed Colorback Budget / Colorback Agreements
Proposed Colorback Budget • 360m core drilling $90K • Assays and supplies 9K • Geologist for core logging 10K • Surpac model and targeting 6K • Claim fees and filing 3K Total US$118K Colorback Agreements • Colorback – Bravada spends US$3.1MM & produces a positive feasibility, then Newmont can: – Ele
Slide 22: SF Property
SF Property Gravel Road 580000 E 374000 N 2 km BVA:TSX.V | BRTN: FSE 22 23
Slide 23: SF Property
SF Property New interpretation Thrust model w/ high-grade breccia in core of hanging wall anticline within Unit 5 of Wenban Fm 0.03 g/t Au 0.1g/t Au >0.3 Magenta breccia pattern g/t Au – high-grade Au >0.3 g/t Au Orange color – lower-grade Au halo HC05-01 Au travels farther in poor host rocks, such
Slide 24: Signal Property
Signal Property Gravel Road High-grade Au “Karst” pipe Targets Ruby Hill Mine 580000 E Archimedes deposits Partially drill- (Barrick) delineated “Unconformity” Au mineralization 4374000 N 2 km Ratto/Lookout Mtn Signal Property Area deposits BVA:TSX.V | BRTN: FSE (Bravada) 24 (Timberline)
Slide 25: Signal – Map View to SW
Signal – Map View to SW High-grade Au “Karst” pipe SG-17 - 6m (20’) @ 3.05g/t Au targets @ intersection of faults SG-12 - 14m (45’) @ 0.204g/t Mississippian Limestone Unconformity SG-16 - 27m (90’) @ 0.759g/t Mississippian clastic rocks SG-5 - 7.5m (25’) @ 0.577g/t BVA:TSX.V | BRTN: BRT: FSE FSE 25
Slide 26: Baxter/Highland properties
Baxter/Highland properties Kinross drilled 16 R.C. holes (4,439m) in March 2016, Discovered shallow, oxide Au deposit, Phase 2 drilling underway BVA:TSX.V | BRTN: BRT: FSE FSE 26
Slide 27: Highland Geology
Highland Geology Jeep Target area Tai Big Hammer rhyolite Target area Main Zone Target Deb area Target area ~1.5km BVA:TSX.V | BRTN: BRT: FSE FSE
Slide 28: Highland Main Zone
A vein Highland Main Zone Looking N51W +3 g/t Au 1-3 g/t Au A vein B vein 0.3-1 g/t Au 0.1-0.3 g/t Au Target 13.7m / 5.42g/t Au incl. 3m / 21g/t Au / 24g/t Ag 12.2m / 7.17g/t Au / 108g/t Ag incl. 1.5m / 50g/t Au / 345g/t Ag 100 m Target BVA:TSX.V | BRTN: BRT: FSE FSE 28
Slide 29: East Manhattan – Geology w/ Interpretation
East Manhattan – Geology w/ Interpretation Buried Intrusion? B’ A’ B A ~1.5km BVA:TSX.V | BRTN: BRT: FSE FSE 29
Slide 30: East Manhattan Cross Section B-B'
East Manhattan Cross Section B-B’ +3 g/t Au Looking West 1-3 g/t Au 0.3-1 g/t Au 0.1-0.3 g/t Au Tertiary Caldera-margin Volcanic breccia Tertiary Caldera-fill Ash- flow tuffs 14m / 2.89g/t Au & 14m / 0.80g/t Au Tertiary Caldera-fill Ash- flow tuffs Target 100 m ?? Unconformity target?? ?? Paleozoic
Slide 31: East Manhattan Cross Section A-A'
East Manhattan Cross Section A-A’ Looking West +3 g/t Au 1-3 g/t Au 0.3-1 g/t Au 0.1-0.3 g/t Au 10.7m / 1.41g/t Au Incl. 2m / 6.31g/t Au Tertiary Caldera-fill Ash- flow tuffs Target Tertiary Caldera-fill Ash- flow tuffs 100 m ?? Unconformity target?? ?? Paleozoic Sediments ?? ?? Paleozoic Sediments
Slide 32: South Lone Mtn Zinc Project
South Lone Mtn Zinc Project Optioned to Nevada Zinc (formerly Goldspike) *Source: Nevada Zinc BVA:TSX.V | BRTN: BRT: FSE FSE 32 2015 website presentation
Slide 33: Nevada Zinc Soil Geochemistry
Nevada Zinc Soil Geochemistry NZN’s Lone Mtn Zinc Project Area of 2014/2015 drilling Source: Nevada Zinc 33 2015 website presentation
Slide 34: Management & Directors
Management & Directors Senior Management Directors Joseph Kizis, Jr., P.Geo. – President Joseph Kizis, P.Geo. – President and Director Graham Thatcher , ACCA – CFO Lawrence Page, Q.C. – Director and Chairman Lawrence Page, Q.C. – Legal/business advisor Nigel Bunting – Director Arie Page – Corporate
Slide 35: Management & Directors
Management & Directors • Joseph A. Kizis, Jr. – Mr. Kizis is a Registered Geologist with 35+ years experience in exploration for gold, silver, copper, molybdenum, lead, zinc, and uranium in the U.S., Canada and abroad. Currently, he is the President and a director of Homestake Resource Corporation a
Slide 36: Corporate Information
Corporate Information Vancouver Office: Reno Office: Bravada Gold Corporation Bravada Gold Corporation Suite 1100-1199 West Hastings St. 479 Caughlin Pkwy, #207 Vancouver, BC, V6E 3T5, Canada Reno, NV, 89519-0907 USA Tel: 775-746-3780 Market Cap September 2016 • $10 Million @ $0.29/share Shares Outs
Bravada Gold — Investor Presentation (September 2016) on 6ix