Citigold Corporation Limited · ASX:CTO
Citigold — Investor Presentation (October 2020)
13 slides from Citigold's investor presentation, Oct 21, 2020
Slide 1: Path to high-grade gold production
For personal use only Path to high-grade gold production Project Overview Citigold Corporation Ltd 86 Brookes Street Fortitude Valley QLD 4006 Australia 21 OCTOBER 2020 CORPORATE PRESENTATION T: +61 (0)7 3839 4041 E: info@citigold.com Citigold.com 1
Slide 2: Ultra-low-cost = Competitive Advantage
For personal use only Ultra-low-cost = Competitive Advantage Proven gold miner. Highly sought-after, production ready, large, high-grade gold deposit. A$200 million invested to acquire, define, permit and trial mining. 100,000 ozs of gold produced in trial mining. Short-term and long-term
Slide 3: Production Ready - Charters Towers Gold Project
Production Ready - Charters Towers Gold Project Low risk jurisdiction with proven gold production. Queensland, Australia For personal use only ✓ A proven, world class gold-producing field – 11 Million oz Gold Deposit that remains under explored in all directions. ✓ New high-grade gold bearing struct
Slide 4: World Class Gold Project
World Class Gold Project E W For personal use only Gold-bearing structural intercepts in diamond drill core demonstrate continuity both laterally and down- dip from historical -1000m (vertical) production! Long section viewed looking south LONG SECTION ABOVE: • Gold areas to be mined in PINK (BROWN
Slide 5: Mineral Resources and Ore Reserves
Mineral Resources and Ore Reserves A unique and Category Tonnes Grade Cut-off Contained For personal use only Gold Ounces significant opportunity in Inferred Mineral Resources 25,000,000 14 g/t 3.0 g/t 11,000,000 todays market Indicated Mineral Resources (includes Probable Ore 3,200,000 7.6 g/t 4.0
Slide 6: Mineral Resources and Ore Reserves
For personal use only Mineral Resources and Ore Reserves Undeveloped Giant ▪ A significant major undeveloped gold deposit. ▪ Proven giant – 6.6 million ounces already produced¹. Well Understood Geology ▪ Geology well understood and mine planning undertaken with high degree of confidence. ▪ Resource
Slide 7: High Grade Mineralisation Proven by Mining
High Grade Mineralisation Proven by Mining A classic, high-grade, narrow vein orogenic gold deposit. Ongoing research and the construction of complex but precise 3D For personal use only structural models have led to an in-depth understanding of the deposit. Citigold has developed a much better mode
Slide 8: Mining & Environmental Permits are in place
For personal use only Mining & Environmental Permits are in place ✓ Mining Leases (MLs) granted for areas where gold is planned to be extracted. ✓ Mineral Development Licenses (MDLs) granted and surrounding key mining areas. ✓ Exploration Permits (EPMs) for long term growth. ✓ Environmental Authorit
Slide 9: Key Infrastructure is built
Key Infrastructure is built All services needed to support mining operation and For personal use only workforce are in place at Charters Towers. ✓ Interstate Highway ✓ Housing ✓ Sealed roads to all sites ✓ Light Industry ✓ Railroad ✓ Support Services ✓ Airport ✓ Hospital, Schools ✓ Grid electricity
Slide 10: Background to the Future – renewed opportunities
For personal use only Background to the Future – renewed opportunities EVERYTHING IN PLACE AND READY ✓ 6.6 million ounces of gold JORC Mineral Resource and Reserve1 TO START produced historically ¹. ✓ Large gold deposit of 11 million ounces¹. ✓ Demonstrated mining capacity with many lessons learned.
Slide 11: Overview of Citigold
Overview of Citigold Corporate Profile Shareholder Distribution as at 25 September 2020² For personal use only Overview ASX listed gold development and exploration company that controls Range Total holders Shares % 100% of the Charters Towers Gold Project. A high grade, large scale quality gold asse
Slide 12: Leadership
Leadership Mark Lynch, Executive Chairman Greg Harding, Chief Financial Officer MAusIMM, FAICD. Worked in the gold exploration and mining industry for over 30 For personal use only CPA with qualifications in accounting and tax law. Over thirty-five years business years, includes hands-on mine operat
Slide 13: Disclaimer
For personal use only Disclaimer AUTHORISED FOR RELEASE – By Mark Lynch, Chairman, Citigold Corporation Limited. FOR FURTHER INFORMATION CONTACT – Niall Nand, Company Secretary, Citigold Corporation Ltd. Telephone: +61 (0)7 3839 4041 or Email: nnand@citigold.com or Postal address: PO Box 1133, Forti