Riversgold Ltd. · ASX:RGL
Riversgold — Corporate Update (March 2019)
29 slides from Riversgold's corporate update, March 2019
Slide 1: New Discoveries in World-Class Gold Terranes
New Discoveries in World-Class Gold Terranes Company Update, March 2019 Allan Kelly Managing Director
Slide 2: Riversgold – Investment Highlights
Riversgold – Investment Highlights ▪ Board/Management track record of successful exploration, discovery, development and production ▪ Making new discoveries in world-class gold provinces: • New (high-grade) gold discoveries at Farr-Jones, Cutler, Eales and Little and very large gold system outlined
Slide 3: Exploring in world-class gold provinces
Exploring in world-class gold provinces South Kurnalpi SW Alaska Australia SW Alaska Eastern Tintina Gold Olympic Cu- Location Goldfields, Province Au Province WA Deposit Mesothermal Intrusion- Iron-Oxide type lode Gold Related Gold Copper-Gold Development opportunities Large stand- Large Target nea
Slide 4: Riversgold – Corporate Snapshot
Riversgold – Corporate Snapshot Aim: “To create superior value for shareholders by ASX Code RGL discovering and monetising world-class mineral Shares on Issue 91.3M deposits.” Market Cap (@ $0.06 a share) $5.4M Board Cash (31 Dec 2018) $1.1M Rod Webster Mining Engineer with >40 years experience Non
Slide 5: WA Gold Projects
WA Gold Projects ▪ Strategic land position on the “Randall Fault”, 70km east of Kalgoorlie/Boulder, WA • Proximity to mines/processing plants • Limited recent and/or deep drilling ▪ Modern exploration generating new gold discoveries ▪ Farr-Jones/Cutler • Emerging gold camp with multiple new discover
Slide 6: Farr-Jones/Cutler – an emerging new gold camp?
Farr-Jones/Cutler – an emerging new gold camp? ▪ RC drilling intersected high- grade gold mineralisation at: • Farr-Jones • Cutler ▪ Aircore drilling discovered gold mineralisation beneath new soil anomalies at: • Eales • Little ▪ Additional drill targets to test: • Ella • Historic soil anomalies ▪
Slide 7: Farr-Jones
Farr-Jones 7 Investor Update - March 2019
Slide 8: North Farr-Jones – new gold discovery under soil anomaly
North Farr-Jones – new gold discovery under soil anomaly ▪ Oxide and primary gold mineralisation ▪ Shallow aircore drilling*: • 4m @ 0.20g/t Au • 1m @ 1.76g/t Au • 6m @ 2.03g/t Au ▪ Deeper RC drilling: • 1m @ 4.20g/t Au • 1m @ 2.54g/t Au • 1m @ 2.95g/t Au ▪ Open at depth * 1m re-splits of original 4
Slide 9: Eales Prospect – new gold discovery under soil anomaly
Eales Prospect – new gold discovery under soil anomaly ▪ Gold anomalism on three sections over 700m of strike ▪ FJAC0012 • 3m @ 1.92g/t Au (56m)* ▪ Open at depth * 1m re-splits of original 4m composites 9 Investor Update - March 2019
Slide 10: How big is Farr-Jones?
How big is Farr-Jones? Lake Roe deposit (1.1Moz Au) at same scale FARR-JONES EALES LITTLE 100m ▪ Soil anomalism over >2.5km of strike ▪ Multiple hits in wide-spaced aircore drilling ▪ Economic grades in deeper RC drilling ▪ Most holes still <100m deep 10 Investor Update - March 2019
Slide 11: Cutler
Cutler ▪ Hosted in mafic rocks – west of Randall Fault ▪ Numerous high-grade oxide results: • 10m @ 11.0g/t Au • 4m @ 5.3g/t Au • 3m @ 6.18g/t Au • 6m @ 11.1g/t Au • 1m @ 19.0g/t Au ▪ Primary mineralisation over >500m strike: • 1m @ 62.9g/t Au – open down plunge • 2m @ 3.9g/t Au • 3m @ 2.2g/t Au • 1
Slide 12: Farr-Jones/Cutler – an emerging new gold camp?
Farr-Jones/Cutler – an emerging new gold camp? Next steps: ▪ Infill aircore drilling of Farr-Jones corridor ▪ Extend soil survey along strike - test new soil anomalies with aircore drilling to refine RC drill targets ▪ Deeper RC holes on recent discoveries: • Farr-Jones/North Farr-Jones • Eales • Li
Slide 13: Queen Lapage
Queen Lapage Very large target with potential for multiple gold deposits: ▪ 11km of Randall Fault under Lake Yindarlgooda ▪ Major regional shear zone cross-cut by late NE-trending faults ▪ Shallow historical drilling on islands within lake ▪ First-pass aircore lake drilling results: • 13m @ 599ppb A
Slide 14: Queen Lapage
Queen Lapage Lake drilling – Jan/Feb 2019 East dipping chert with cross-cutting quartz veins in the “Gap Fault” 14 Investor Update - March 2019
Slide 15: Same scale
St Ives Gold Deposits ~10 Moz Au Intrepide Santa Ana Belleisle Invincible +2Moz Au Revenge Same scale 15 Investor Update - March 2019
Slide 16: Multi-million ounce target… Case study: Invincible Gold Deposit
Multi-million ounce target… Case study: Invincible Gold Deposit (+2Moz Au) ▪ Discovered under salt lake at St Ives (Goldfields) ▪ Basalt/sediment contact “Speedway Shear” offset by NNE-trending “Alpha Island Fault” ▪ Stripped weathering profile – limited gold dispersion – pathfinders important ▪ 199
Slide 17: Multi-million ounce target…
Multi-million ounce target… Invincible Queen (+2Moz Au) Lapage Major regional structure ✓ ✓ Basalt/sediment contact ✓ ✓ Late NE-trending faults ✓ ✓ Regolith gold footprint ✓ >11km • plus pathfinders Bedrock intersections >1g/t ✓ ? Economic grade/widths ✓ ? Queen Lapage has many of the early-stage si
Slide 18: SW Alaska Gold Projects
SW Alaska Gold Projects ▪ ASX first mover in Tintina Gold Province in SW Alaska, USA – host to multiple large gold deposits: • Donlin Creek (45Moz Resource) • Pogo (4.2Moz Resource) • Fort Knox/True North (7Moz produced) • Livengood (15.5Moz Resource) • Yukon deposits (7Moz and growing) Riversgold P
Slide 19: The Alaskan opportunity
The Alaskan opportunity ✓ World Class mineral endowment • 2.5% of world’s gold reserves • 40% of USA’s gold resources • 2nd largest producer in USA ✓ Stable State/Federal governments ✓ Well-established mining culture ✓ Supportive Native Corporations ✓ Well understood permitting process Riversgold Co
Slide 20: High-grade gold discoveries along North Fork Fault
High-grade gold discoveries along North Fork Fault ▪ 40km long splay fault off the Denali- Farewell Fault ▪ Outcropping high-grade gold mineralisation discovered at: • Luna • Quicksilver • Midway Hill • Gemuk ▪ Multiple large soil anomalies ▪ Semi-massive sulphides at Luna ▪ Limited drilling to date
Slide 21: Gemuk – high-grade gold mineralisation over 2km
Gemuk – high-grade gold mineralisation over 2km ▪ 2km long zone of high-grade gold mineralisation within “Pluton Fault” ▪ Multiple high-grade rock chip results • up to 100g/t Au ▪ Soil sampling highlights potential second structure • 1.27g/t Au in soil sample • Coincident Au-Sb anomalism 21 Investor
Slide 22: Midway Hill – new high-grade gold discovery
Midway Hill – new high-grade gold discovery ▪ Discovery of new high-grade epithermal veins between Quicksilver and Gemuk ▪ Rock chip results up to 11.65g/t Au 22 Investor Update - March 2019
Slide 23: Quicksilver – multiple sulphide veins averaging 8g/t Au
Quicksilver – multiple sulphide veins averaging 8g/t Au 23 Investor Update - March 2019
Slide 24: First Luna drill hole intersects mineralised porphyry
First FirstLuna Lunadrill drillhole holeintersects intersectsmineralised mineralisedporphyry porphyry LQDD001 drill site looking towards southeast Soil/rock chip anomalism NW Rock chips up to 64.7g/t Au SE -50m IP Response High resistivity -100m High chargeability -150m LQDD001 altered Qtz/feldspar
Slide 25: Plans to extend helimag survey
Plans to extend helimag survey Plans to extend detailed helimag survey to cover new Midway Hill and Gemuk claims 25 Investor Update - March 2019
Slide 26: South Australian IOCG Projects
South Australian IOCG Projects ▪ Three projects in the Olympic Copper-Gold Province of South Australia, host to: • Olympic Dam • Prominent Hill • Carrapateena/Khamsin ▪ “Oak Dam West” drilling results reinforce potential for further IOCG discoveries ▪ Churchill Dam • Large gravity anomaly mostly unt
Slide 27: Riversgold – Summary
Riversgold – Summary ▪ Highly experienced Board and Management team with track record of successful discovery, development and production ▪ Multiple new gold discoveries in two world-class regions: • Multiple new gold discoveries at Farr-Jones/Cutler • Very large new gold system outlined at Queen La
Slide 28: www.riversgold.com.au
. —_—_—= ———— Riversgold Ltd www.riversgold.com.au
Slide 29: Competent Person Statement
Competent Person Statement The information in this document that relates to Exploration Results is based on information compiled by Mr Allan Kelly, a Competent Person who is a Member of The Australian Institute of Geoscientists. Mr Kelly is the Managing Director and CEO of Riversgold Ltd. He is a fu