Gfg Resources, Inc. · TSXV:GFG
Gfg Resources — Investor Presentation (March 2022)
29 slides from Gfg Resources's investor presentation, March 2022
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 March 2022
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 exploration, development & production Our mission is to District Scale Opportunities aggressively Consolidated two district
Slide 4: Corporate Snapshot
Corporate Snapshot Major Insider Ownership & Backed by Strong Institutions Capital Structure Shares outstanding (basic) 158.1 million Warrants 5.9 million Shares outstanding (fully diluted) 171.0 million Share price (March 4, 2022) C$0.20 Market Cap ~C$30 million Cash (Dec. 1, 2021) ~C$4.0 million A
Slide 5: Why Gold Exploration?
Why Gold Exploration? Quality Greenfield Opportunities are Rare Exploration Spend & Ounces Found : World 1985-2019 Exploration companies matter Moz Primary gold deposits only >100koz US$ 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: Timmins East – Proven Gold Systems
Timmins East – Proven Gold Systems Regional Landscape 25km • Strategic location - 48km from Timmins • Geology similar to many Timmins deposits • Goldarm property consists of ~15,000 Ha • Located along a major crustal breaks – Pipestone & • Proximal to significant infrastructure & numerous North Pipe
Slide 8: Montclerg Gold Project
Montclerg Gold Project Overview & Historic Drilling DDH Database • 123 holes (27,811m) • 96 holes (19,730m) along 1.6 km Montclerg trend, 80 holes completed prior to 1967 • 23 holes (4,700m) along 0.6 km CMX trend 1 km A Fertile System That Has Only Been Tested Locally & Shallowly *See footnote for
Slide 9: Why We Like It
Why We Like It MC & CX Cross Section Robust System with Multiple Gold Events Present *See footnote for QA/QC disclosure p.29 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 9
Slide 10: Maiden Drill Program
Maiden Drill Program High-grade & Bulk Tonnage Results from Initial Drilling • Q4 2021 Phase 1: 14 drill holes (3,200 m) focused MC Central & MC East • Initial success with both high-grade & bulk tonnage • Intensity of the alteration, veining & sulphidation are consistent with a multi-stage, large-s
Slide 11: High-Grade & Bulk Tonnage
High-Grade & Bulk Tonnage MTC-21-005 Demonstrating Scale with Impressive Grades • MTC-21-005 – best hole ever drilled on project • Upper Footwall zone: 4.82 g/t Au over 26.0 m incl. 12.32 g/t Au over 5.5 m • Upper Footwall zone: 11.29 g/t Au over 1.7 m • Intersected 3 stacked zones of high-grade Au
Slide 12: High-Grade & Bulk Tonnage
High-Grade & Bulk Tonnage MTC-21-005 Demonstrating Scale with Impressive Grades • Hole MTC-21-005 tested Upper Footwall Zone above 150 m • Successfully encountered 3 high-grade intervals of intense sericite, carbonate & silica alteration, moderate quartz veining, disseminated pyrite & arsenopyrite a
Slide 13: Montclerg Initial Drill Results
Montclerg Initial Drill Results Intersected Multiple Zones of Significant Mineralization • MTC-21-001: 50 m step-out from historic 1986 hole within MC Central • 1.56 g/t Au over 27.5 m incl. 8.42 g/t Au over 2.5 m • 0.78 g/t Au over 40.5 m incl. 2.20 g/t over 7.3 m • Intersected stacked zones of Au
Slide 14: CX Trend
CX Trend Historic Drilling Clavos Sericite altered porphyry Tr Py; Qtz-Carb veinlets Minz seds 1.11 g/t Au Porphyry-sediment contact Qtz-Carb with Py; minor fuchsite 0.2-0.6 g/t Au Bleached sediment with shallow qtz veining and 2-5% py Porphyry 2671 +/- 6.2Ma “Late Tectonic” The Right Age of Intrusi
Slide 15: Pen Gold Project
Pen Gold Project New Discovery & Multiple High-Grade Results “We are demonstrating that this area of the Abitibi is underexplored & represents an exciting region to make gold discoveries” Sewell Region: Slate Rock: Nib: • Intersected 3 distinct high-grade Au structures • Demonstrated broad zones of
Slide 16: Dore Gold Project
Dore Gold Project Next to World Class Gold System • District scale land package – 212 km2 • Located in between the Borden gold project, Cote gold project & Newcrest Sylvanite project • Cote Gold Project: construction on-going to build 36,000 tpd mill – complete in 2023 • Highly prospective based on
Slide 17: Our Strategy For Timmins
Our Strategy For Timmins Significant Opportunity to Expand & Discover 5 km Montclerg/Goldarm • Drill program at Montclerg of ~10,000 m in 2022 to target: • Expansion & definition of the MC & CX systems • Test greenfield targets • 3D geological modelling • Regional • Data compilation/targeting • Soni
Slide 18: Rattlesnake Hills Gold Project, Wyoming U.S.
Rattlesnake Hills Gold Project, Wyoming U.S. District Scale Gold Project: Developing ISR Technology that could Revolutionize the Gold Industry
Slide 19: Proven Gold District
Proven Gold District The Ideal Gold Project for ISR Technology Wyoming +USD$40 Million Invested Geology One of the best jurisdictions for mining & 102km of drilling focused on a small Analogous to Cripple Creek, Wharf & exploration in the US section of the property Golden Sunlight Mines District Sca
Slide 20: Group 11 Transaction
Group 11 Transaction Option & JV Agreement to Earn 70% Partnering with Group 11 to disrupt the gold mining space….. G11 Technologies (“Group 11”) has the right to acquire up to 70% by completing a series of exploration & development expenditures & making staged cash & equity payments over 5 1/2 year
Slide 21: Group 11 Competitive Advantage
Group 11 Competitive Advantage Putting All the Pieces Together Only recently have scientists been able to put all the pieces together to make it work – no new ingredients – just a refined recipe for precious metal extraction www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 21
Slide 22: EnviroLeach Solution: An Alternative to Cyanide
EnviroLeach Solution An Alternative to Cyanide LEACH EFFICIENCY Sulphide/Gold Concentrate Leach Test Results 600 100% 90% 500 Gold in Solution (ppm) 80% Gold Recovery (%) 400 70% 60% 300 50% 40% 200 30% 100 20% 10% 0 0% 0 1 2 3 7 8 10 11 12 13 16 17 19 21 TIME (Hours) www.gfgresources.com TSX-V: GFG
Slide 23: Why Rattlesnake?
Why Rattlesnake? The Right Location & Geology Wyoming is rated as one of the top mining jurisdiction in the U.S. Wyoming regulators understand & effectively legislate ISR better than anywhere else in the U.S. Gold grades throughout the system vary from low to high, allowing for testing various
Slide 24: Achievements & Catalysts
Achievements & Catalysts The Stage is Set for an Exciting 2022 • Completed 10,000 m of drilling • Partnership with Group 11 Tech to advance Rattlesnake Hills Gold Project • Acquired Montclerg Gold Project • Completed maiden drill program at Montclerg 2021 • Raised +$3 million • Drill results from Mo
Slide 25: 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 & develop an ISR gold project in Wyoming Fully
Slide 26: 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 26
Slide 27: 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 28: 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 29: 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