Theta Gold Mines Ltd. · ASX:TGM
Theta Gold Mines — Investor Presentation (August 2020)
21 slides from Theta Gold Mines's investor presentation, Aug 6, 2020
Slide 1: A Sustainable Gold Miner in the Making – over 6Moz Resources
For personal use only A Sustainable Gold Miner in the Making – over 6Moz Resources Investor Presentation Chairman – Bill Guy August 2020 ASX: TGM, TGMO | OTCQB: TGMGF www.thetagoldmines.com
Slide 2: Disclaimer
Disclaimer Forward looking and cautionary statements Disclaimer and Competent Persons Statement This announcement or presentation may refer to the intention of Theta Gold Mines regarding estimates or future events which could DISCLAIMER For personal use only be considered forward looking statements.
Slide 3: South Africa – Home of Mineral Wealth
The System South Africa – Home of Mineral Wealth For personal use only v Over 2 Billion oz of gold produced Eastern Transvaal from Witwatersrand, approximately Gold Fields 40-50% of World’s gold production combined. v Bushveld Complex is the largest Pilgrim’s Rest igneous intrusion on earth: Gold Fi
Slide 4: Theta Controls A Very Large Gold Field
For personal use only Theta Controls A Very Large Gold Field 6Moz+ 6.7Moz+ Group JORC Resources (44.8Mt @ 4.18g/t Au) GOLD+ Gold already produced since 1870s. 1.3 Moz open cut resources The No.1 gold discovery in South (13.08Mt @ 3.12g/t Au). THETA CONTROLS THE Africa before the Witwatersrand. EASTE
Slide 5: Corporate Overview / Board of Directors
Corporate Overview / Board of Directors Bill Guy - Chairman § Ex-Jupiter Mines Ltd (ASX: JMS) Chief Exploration Manager. (Jupiter was/is controlled by London based Pallinghurst Group, Chairman Mr. Brian Gilbertson was former Chairman/CEO BHP Billiton) For personal use only § >25yrs exploration & res
Slide 6: Mines Strategy to Monetize the initial 2.75Moz Au
4 Mines Strategy to Monetize the initial 2.75Moz Au • Approved TGME CIL Plant Footprint & TSF For personal use only • Initial 5 Years to ramp-up 4 mines: to start 4 high quality near- surface mines (approx. 2.75Moz) >160Kozpa. • Multi-million dollars of infrastructure - capital savings Stage 2 Theta
Slide 7: Mines Strategy to Monetize the initial 2.75Moz Au
4 Mines Strategy to Monetize the initial 2.75Moz Au 62,000 Hectare Stage 2: Theta Southern tenements For personal use only Stage 1: Theta Project Extension Pits (MR341) Starter Pits (MR83) • Currently approximately 500Koz • Recover 234.06Koz Au over open-pit resources to be converted 6.5 years (600K
Slide 8: Theta Project Starter-pits (MR83) Optimised Feasibility Study
Theta Project Starter-pits (MR83) Optimised Feasibility Study Stage 1 Theta Starter-pits： v Annual production planned for 600Ktpa, mine life of 6.5 years to recover a total of 234Koz gold For personal use only v Recently purchased a 1.2Mtpa Ball Mill – easy to double up production for Stage 2 pit ex
Slide 9: Theta Project Starter-pits (MR83) Optimised
Theta Project Starter-pits (MR83) Optimised 5,000 5.00 For personal use only 4,500 4.50 4,000 4.00 3,500 3.50 Recovered Oz 3,000 3.00 Grade (g/t) 2,500 2.50 2,000 2.00 1,500 1.50 1,000 1.00 500 0.50 - - 1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58 61 64 67 70 73 76 79 82 85 Months Recove
Slide 10: Stage 1 & 2 Open-pits and Beta UG - 3D Visual
Stage 1 & 2 (Open-pits), and 4 (UG) - 3D Visual Ore bodies Bird-eye view: South to North For personal use only Green: M/I Blue: Inf 1km MR83 Beta UG Theta Open-pits Underground view MR341 v Theta Starter Open-pits Project sits within MR83 o Current completed FS includes MR83 Green: M/I Blue: Inf thr
Slide 11: Stage 3 Rietfontein Underground Mine 3D Visual
Stage 3 Rietfontein Underground Mine 3D Visual v Rietfontein underground Mineral Resource - 2.88 Mt at 8.42g/t Au (for 780Koz)1, 31% indicated For personal use only v Rietfontein located 40km from processing plant v Orebody Open at depth and along strike for major exploration upside v Underground ac
Slide 12: Value Creation and Growth Trajectory Targets
For personal use only Value Creation and Growth Trajectory Targets $$$$$ Stages 3 & 4: Rietfontein + Beta Undergrounds $$$$ Glynn’s (1.6Moz Stage 1 & 2: @ 4g/t) and the $$$ Theta Open- Additional rest of 6Moz + pits Open-pit future resource operations discoveries $$ >50kozpa >160kozpa Continuous Gro
Slide 13: Mature And Developed Gold Market
For personal use only Mature And Developed Gold Market IMPORT/ EXPORT RSA RESERVE BANK UNFINISHED GOLD/ PREMITS PRECIOUS (REGULATES GOLD DORE BAR METALS PRICES, TRADING REGULATOR; RSA AND TAXATION) Largest refinery in Africa. Registered under the London MINING OPERATIONS Bullion Market Association w
Slide 14: Corporate Structure
Corporate Structure 26% For personal use only 100% Other CIL Plant & Infrastructure Transvaal Gold Shareholders Mining Estates 100% Ltd (TGME Est. 74% 1895) 100% Theta Gold Mines 9 Mining Rights (>620sqkm) Theta Gold Limited SA (Pty) Ltd (ASX:TGM,TGMO OTCQB:TGMGF) 74% Sabie Mines 100% Operating comp
Slide 15: Resources Tables
Resources Tables Combined Mineral Resources as at 16 May 2019 Gold Notes: Mineral Resource Tonnage Gold Content For personal use only Type of Operation Grade Classification • Columns may not add up due to Mt g/t Kg koz rounding. Measured Underground 0.091 5.37 489 15.7 • Gold price used for the cut-
Slide 16: Resources Tables – Total Theta Project Mineral Resources
Resources Tables Total Theta Project - Mineral Resources, 16 May 2019 Notes: Reef Reef Mineral Resource Reef Width Content Au Content Open Pit Mine Reef Grade Tonnes • Theta Project (Theta Hill, For personal use only Classification g/t cm cmgt Mt Kg koz Browns Hill and Iota) cut-off is Theta & Brown
Slide 17: Resources Tables – Theta Project Ore Reserves MR83
Resources Tables Theta Project Ore Reserves for MR83 only, 16 May 2019 (The Ore Reserves exclude Inferred Mineral Resources). Notes: Mineral Resource Grade Reef Tonnes Au Content For personal use only Pit • Totals in the Ore Reserve may Category in LoM Plan g/t kt kg oz not add-up due to rounding. P
Slide 18: Key Stock Exchange Releases over last months
Key Stock Exchange Releases over last 24 months Key Project Progress Key Corporate Changes For personal use only 30 Jul 2020 Geotechnical Drilling and Geophysics for Starter Theta Pit 13 Jul 2020 OTC Listing – DTC Eligibility 20 Jul 2020 Theta Selects Digmin as Preferred Mining Contractor Approved 2
Slide 19: Theta's Gold Peers
Theta’s Gold Peers TSX:MAX / OTC: MDRPF - Midas Gold Corporation (Idaho, US) For personal use only v Gold/Antimony/Silver project developer v Targeting 337Koz per annum to recover 4Moz Au Life of Mine v PFS indicated CapEx requirement >US$900m v Awaiting draft Environmental Impact Statement from US
Slide 20: Why Invest in Theta?
For personal use only Why Invest in Theta? Upcoming Milestones: Why Invest in Theta Gold： What is Theta Worth: • Completion of tenders for • Replacement Cost for • Discovery cost less than 0.7% plant construction Resources (~US$45/oz1 ?) (US$12/oz) of current gold • Final MR83 amendment price • Repl
Slide 21: Thank You
For personal use only THANK YOU Tickers: TGM Tickers: TGMGF Bill Guy – CHAIRMAN E: billg@thetagoldmines.com Ben Jarvis – Six Degrees Media E: ben.jarvis@sdir.com.au Michael Porter – US Investor Relations Porter, Levay & Rose E: theta@plrinvest.com www.thetagoldmines.com 21
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