Pacgold Limited · ASX:PGO

Pacgold — Investor Presentation (October 2021)

20 slides from Pacgold's investor presentation, Oct 14, 2021

  1. Slide 1: Unlocking an Entire Gold Corridor

    Unlocking an Entire Gold Corridor Alice River Gold Project ASX : PGO INVESTOR PRESENTATION – OCTOBER 2021

  2. Slide 2: Cautionary Statement

    Cautionary Statement Disclaimer & competent persons statement PURPOSE OF THIS DOCUMENT This presentation has been prepared by Pacgold Limited (“PGO") for general information purposes only using the information available to PGO at the time of publication. This presentation does not purport to be all-

  3. Slide 3: Company Snapshot – Tight Capital Structure

    Company Snapshot – ASX: PGO Tight Capital Structure Capital Structure Shareholders Key Facts • Only 49.3M shares on issue A$0.265 A$13M Other Top 20 27% 49% Share Price @ 13/10/21 Market Cap @ A$0.265 / Share • Strong institutional support: 49.3M A$6.3M Institutional Ordinary Shares Enterprise Value

  4. Slide 4: Unlocking an Entire Gold Corridor – Alice River Gold Project

    Unlocking an Entire Gold Corridor Alice River Gold Project • Large-scale gold system with potential for high- grade gold zones below the current level of exposure • Advanced and compelling targets currently being drilled • Exceptional exploration upside to drive discovery driven growth – large untes

  5. Slide 5: Investment Highlights

    Investment Highlights PACGOLD LIMITED (ASX:PGO) First mover in an overlooked prospective gold terrain – strong ground position (inc. granted mining leases), AngloGold Ashanti now securing tenure nearby in the province Untapped upside for large gold discoveries within a high-grade Intrusion Related G

  6. Slide 6: Alice River Gold Project Overview

    Alice River Gold Project Overview Acquisition & Mining History • Limited exploration over past 20 years (held by private company / prospector) – OPERATING AIRSTRIP FRESH WATER DAM Pacgold acquired the project from a deceased estate in Dec 2020 (100%). Minimal upfront payments - success milestone pay

  7. Slide 7: Intrusion Related Gold Systems - IRGS

    Intrusion Related Gold Systems - IRGS Model driven exploration to accelerate the timeline to discovery Alice River Gold Project: • Many similarities to the Donlin Creek gold mine (39Moz Au, Alaska) - IRGS model • Opportunity to apply the latest IRGS model not previously applied on the project • Meta

  8. Slide 8: Large-Scale Gold System

    Large-Scale Gold System Overlooked by modern exploration Gold intersected in regional scout drilling along a 30km-long shear zone Pacgold’s initial focus on three priority targets covering 7km of the gold bearing shear zone: Central Target AQ OPEN PIT Compelling targets along strike from open pit mi

  9. Slide 9: New High-Resolution IP Geophysics

    New High-Resolution IP Geophysics Resistivity IP lows define extensive gold mineralised corridors beneath shallow cover Oblique view looking north Resistivity IP 2D Models Northern Target Shear zone defined over >7km Central Target Southern Target ASX: PGO | 9

  10. Slide 10: Central Target

    Central Target Defining new structures and new targets along strike from open pit mine Log Resistivity IP – 3D model (horizontal slice) Chargeability IP – 3D model (horizontal slice) ASX: PGO | 10

  11. Slide 11: Central Target

    Central Target Advanced modelling of resistivity IP enables mapping gold corridors in 3D Section A-A’ Section A-A’ Log Resistivity IP –3D model (vertical slice / x-section) beneath open pit Log Resistivity IP –3D model (horizontal slice) ASX: PGO | 11

  12. Slide 12: Central Target – Long Section

    Central Target – Long Section Gold mineralisation open along strike and at depth beneath historical open pit • Target bonanza gold zones – deeper in the system – follow the vein textures • Limited previous drilling along strike and at depth below high-grade open pit • Current drilling stepping out a

  13. Slide 13: Southern Target

    Southern Target High-grade gold in limited previous drilling • Historical high grades intersected in limited shallow drilling over 1.5km • 8m @ 55.9g/t Au incl. 4m 111g/t Au • 4m @ 27g/t Au • 18m @ 4.6g/t Au • New IP geophysics defines target corridor over 2.5km (beneath extensive thin cover sedimen

  14. Slide 14: Southern Target

    Southern Target Potentially wide, untested gold zones Section 1 (left) 18m @ 4.6g/t Au • Gold zones dip to the west • Wide mineralised structure >50m true width Section 2 (below) • Potential mineralised widths >100m • Not effectively tested by previous drilling 26m @ 0.62g/t Au (open) FORWARD PROGRA

  15. Slide 15: Northern Target

    Northern Target 2.5km extension of high-grade target zone Oblique view • New IP Geophysics defines extension of Alice looking north River Shear Zone over 2.5km north from Resistivity IP 2D Models Central Target Northern Target • High-grade gold intersected in very limited 6m @ 4.5g.t Au from 22m (RA

  16. Slide 16: Widespread Shallow Cover Sediments

    Widespread Shallow Cover Sediments Geophysics provides ability to see through cover – large new targets defined Widespread cover sediments masking prospective basement rocks cover sediments basement Log Resistivity IP 3D model (horizontal slice) ASX: PGO | 16

  17. Slide 17: Project Pipeline – Regional Structures

    Project Pipeline – Regional Structures Excellent regional prospectivity • Vast majority of the 30km-long target structure not effectively tested due to the extensive shallow sand cover 6m @ 1.1g/t Au • Regional BLEG soils (1990 and 1996) identified outcropping 6m @ 2.7g/t Au 10m @ 1.7g/t Au / sub-cr

  18. Slide 18: Experienced Board & Management

    Experienced Board & Management Discovery | Project Financing | Mine Development Tony Schreck Managing Director Cathy Moises Non-Exec Chair Geologist with over 30 years of precious and base metal Geologist with over 30 years in resource finance industry exploration, business development and discovery

  19. Slide 19: Recognising Opportunities Early

    Recognising Opportunities Early Exceptional targets to be drilled in the first phase Compelling new high-grade gold targets being drilled now as part of a 5,000m programme (1,000m DD and 4,000m RC) Potential for high-grade gold to occur within an extensive Intrusion Related Gold System now defined o

  20. Slide 20: Tony Schreck Managing Director

    Tony Schreck Managing Director tschreck@pacgold.com.au +61 (0) 419 683 196 Authorised for release by the Board WWW.PACGOLD.COM.AU

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