Unigold Inc. · TSXV:UGD
Unigold — Investor Presentation (March 2021)
36 slides from Unigold's investor presentation, Mar 22, 2021
Slide 1: Moving to Development in the Caribbean
TSX.V: UGD OTCQX: UDGIF FSE: UGB1 CORPORATE PRESENTATION ⏐CANADA MOVING TO DEVELOPMENT IN THE CARIBBEAN March 22 2021 Corporate Presentation TSX.V: UGD unigoldinc.com 1
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements contained in this presentation, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute forward-looking statements within the meaning of the federal securi
Slide 3: Capital Structure
CAPITAL STRUCTURE TSX.V: UGD OTCQX: UGDIF Market Capitalization CAD $40 million Shares Outstanding 126 million Warrants (Sept 2021, $0.10 - $0.15) 3.8 million Warrants (Jun 2022, $0.18 - $0.30) 19 million Options (avg. $0.22) 10.5 million Fully Diluted 160 million 52 week Hi - Low $0.67 / $0.17 Shar
Slide 4: Dominican Republic
DOMINICAN REPUBLIC Pueblo Viejo, Falcondo, Neita Concession Cerro de Maimon • Established world class deposits (Pueblo Viejo, Falcondo, Cerro Maimon). • Established mining law, taxation and regulations (deductible 5% export duty on finished metal, income tax specified in mining licence – reset every
Slide 5: Neita Concession
NEITA CONCESSION EXPLORATION CONCESSIONS awarded 1 for 3 years - owner may apply for two (2) extensions, each automatic extension allows one year of additional exploration; Concession holder has advance period to 2 re-apply for existing concessions on expiration; Current exploration license granted
Slide 6: Candelones Deposit
CANDELONES DEPOSIT There are two distinct projects at Candelones: Oxides at surface and blind sulphides to the east 30,000 m 8,000 m 65,000 m DDH DDH DDH No Drilling Sulphide Pit Limited Drilling 1 Km OXIDES TSX.V: UGD unigoldinc.com 6
Slide 7: 2020 Mineral Resource Estimate
2020 Mineral Resource Estimate Description Mineralization Classification Deposit Tonnes Au Au ozs Strip Type (x 1,000) (g/t) (x 1,000) Ratio OXIDE MEASURED Main & Connector 1,835 0.84 49 0.2 INDICATED Main & Connector 1,595 0.83 43 0.2 Updated 2020 OXIDE SUBTOTAL M&I Main & Connector 3,430 0.84 92 0
Slide 8: Oxide Target
OXIDE TARGET Capital and Operating Cost Estimates Production Summary Total mineralized material mined (000 t) 5,275 Total Waste (000 t) 963 Average grade (Au g/t) 0.75 Total gold contained (oz) 126,989 Total gold produced (oz) 95,587 Total gold payable after royalty (oz) 90,116 Average Gold recovery
Slide 9: Oxide Target PEA Economic Summary and Sensitivities
OXIDE TARGET PEA Economic Summary and Sensitivities 60.0 PEA Summary Financial Results @ $1650/oz gold US$M 50.0 LOM Net Smelter Return Revenue $150 Total LOM Pre-Tax Cash Flow $90 40.0 NPV (US$ millions) Average Annual Pre-Tax Cash Flow $29 LOM Income Taxes $16 Total LOM After-Tax Free Cash Flow af
Slide 10: Sulphide Target
SULPHIDE TARGET 1.5 million ounces oz Inferred pit-optimized resource plus ~300k oz inferred below pit based on drilling to 1 end of 2014 2 30,000 m of new drilling completed since 2015 – new sulphide resource estimate in Q2 2021 Phase 1 metallurgy shows that high-grade (+3 g/t) sulphide material is
Slide 11: Candelones Deposit
CANDELONES DEPOSIT 2021 drilling to concentrate on expanding known New sulphide zone: mineralization 18m @ 2 g/t Au, 0.5% Cu into poorly drilled areas to depth and…… TSX.V: UGD unigoldinc.com 11
Slide 12: Candelones Deposit
CANDELONES DEPOSIT TSX.V: UGD unigoldinc.com 12
Slide 13: Candelones Deposit
CANDELONES DEPOSIT TSX.V: UGD unigoldinc.com 13
Slide 14: Candelones Deposit
CANDELONES DEPOSIT TSX.V: UGD unigoldinc.com 14
Slide 15: Candelones Deposit
CANDELONES DEPOSIT TSX.V: UGD unigoldinc.com 15
Slide 16: Candelones Deposit
CANDELONES DEPOSIT TSX.V: UGD unigoldinc.com 16
Slide 17: Candelones Deposit Significant Intersections
CANDELONES DEPOSIT Significant Intersections from drilling 2016-2020 Target A Target B Target C • 30.0 m @9.02 g/t Au, 0.6% Cu • 18.5 m @ 10.18 g/t Au, 1.52% Zn • 34.9 m @ 6.19 g/t Au, 0.6% Cu • 7.0 @ 21.9 g/t Au, 2.7% Cu • 15.8 m @ 11.36 g/t Au, 0.4% Cu • 34.0 m @ 4.15 g/t Au, 0.4% Cu • 15 m @ 16.3
Slide 18: 2021 Potential Price Catalysts
2021 Potential Price Catalysts Q1 2021 Q2 2021 Q3 2021 Q4 2021 • Complete PFS Oxide • Submit application for exploitation licence Resource • Complete BFS • Assemble final permits • Update Resource estimate Sulphide • Complete phase 2 metallurgical studies to finalize a process design Resource • Comp
Slide 19: Regional Exploration
REGIONAL EXPLORATION • Airborne Geophysical surveys completed in 2007 • Soil Geochemical Surveys completed and infilled between 2002 and 2010 • Mapping, grab sampling and trenching between 2002 and 2014 • 15 Gold +/- Copper targets have been identified to date • 5 Copper targets identified to date T
Slide 20: Historic Regional Exploration - Drilling
HISTORIC REGIONAL EXPLORATION - DRILLING Target # DH meters 35,000 Candelones Extension 178 71,724 Rosario Unigold 30,000 Candelones Main 184 29,544 Candelones Connector 65 8,449 25,000 Rancho Pedro 23 6,091 Montazo 19 4,750 Gold +/- Copper targets 20,000 Meters Juan del Bosque 22 4,404 Guano 14 2,6
Slide 21: Regional Exploration Targets
REGIONAL EXPLORATION TARGETS 14 other Regional gold targets include high amplitude gold-in-soil anomalies, gold pathfinder element anomalies and coincident large IP conductivity/resistivity anomalies MGN area • Rock and Grab samples returned up to 10 g/t • Rhyolites and Quartz-feldspar porphyry intr
Slide 22: Surface Geochemistry Compilations
Surface Geochemistry Compilations Neita Fase II Concession • Dominican Republic Volcanic center marked by: • Zone of magnetite CALCIUM destruction (low magnetic response) due to reworking and explosive activity Airborne Magnetics Copper in Soil • Coincident Copper, Moly and Al:Ti highs are consisten
Slide 23: Gold in Soils
Surface Geochemistry Compilations Neita Fase II Concession • Dominican Republic • 2007 to 2012 GOLD 1 Six cohesive gold-in-soil anomalies have been identified GOLD in Soils 10 Km around the perimeter of an GOLD interpreted volcanic center MGN area 2 Only Candelones has seen any QFP AND RHYOLITE sign
Slide 24: Surface Geochemistry Compilations: Arsenic
Surface Geochemistry Compilations Neita Fase II Concession • Dominican Republic • 2007 to 2012 ARSENIC GOLD PATHFINDERS: ARSENIC IN SOIL ARSENIC Arsenic is generally very low in the Candelones deposits but can build up QFP AND in residual soils on top of RHYOLITE PLUG gold deposits through redeposit
Slide 25: Surface Geochemistry Compilations: Barium
Surface Geochemistry Compilations Neita Fase II Concession • Dominican Republic • 2007 to 2012 GOLD PATHFINDERS: BARIUM IN SOIL Barite (BaSO4) can form large halos above gold deposits. Sulphate complexes are some of the best solutions for transporting gold in hydrothermal systems. Large barium anoma
Slide 26: Surface Geochemistry Compilations: Zinc and Lead
Surface Geochemistry Compilations Neita Fase II Concession • Dominican Republic • 2007 to 2012 GOLD PATHFINDERS: ZINC+LEAD IN SOIL Zinc and Lead are commonly found as sphalerite (ZnS) and galena (PbS) minerals in gold deposits. Both elements are relatively immobile in surface environments and can be
Slide 27: Appendix: Supplemental Information
APPENDIX: SUPPLEMENTAL INFORMATION Conceptual Geologic Model Resource Statements Management and Board Biographies Unigold Website Unigold SEDAR filings TSX.V: UGD unigoldinc.com 27
Slide 28: Candelones Deposit Conceptual Model
Stage 1 Silica rich tuffite SEA WATER Bedded sulphides Candelones Deposit Brecciated and Massive Conceptual Model Sulphides Large massive sulphide mounds are generally Paleoseafloor formed on the seafloor under high confining pressures, sometimes venting directly to DACITE VOLCANICS / seawater (blac
Slide 29: Candelones Deposit Conceptual Model
Stage 2 Synchronous dacite layer up Candelones Deposit Diffuse VMS Zn, Pb, Ag, Cu, Au to 150m thick deposited as VMS enrichment is ongoing mineralization Conceptual Model SEAWATER At Candelones, disseminated mineralization seems to have diffused through dacitic composition sediments in shallow water
Slide 30: Candelones Deposit Conceptual Model
Stage 3 ANDESITES Candelones Deposit Conceptual Model A prolonged period of volcanism, earthquakes, thrusting, cross faulting and island arc tectonics tilted the strata…. DACITES ANDESITES LP16-105 @ 183.7m: 56.4 g/t Au; 116.8 g/t Ag; 1.1% Cu 10.3% Zn ….and opened up new pathways for the mineralizin
Slide 31: Candelones Deposit Conceptual Model
Candelones Stage 4 Main Candelones Candelones Connector Extension Candelones Deposit Conceptual Model ANDESITES A late stage of intermediate epithermal mineralization, driven by continuing volcanism utilized new pathways and created new Target A mineral assemblages and zoning which Au-Cu MS overprin
Slide 32: 2020 Mineral Resource Estimate
2020 Mineral Resource Estimate Description Mineralization Classification Deposit Tonnes Au Au ozs Strip Type (x 1,000) (g/t) (x 1,000) Ratio OXIDE MEASURED Main & Connector 1,835 0.84 49 0.2 INDICATED Main & Connector 1,595 0.83 43 0.2 OXIDE SUBTOTAL M&I Main & Connector 3,430 0.84 92 0.2 Pit Constr
Slide 33: Notes relating to Mineral Resource Estimate
Notes relating to Mineral Resource Estimate 1. Mineral resources were estimated by Mr. W. Lewis, P.Geo. and Mr. A. San Martin, MAusIMM(CP) of Micon International Limited. (“Micon”), a Toronto based consulting company, independent of Unigold. Both Mr. Lewis and Mr. San Martin meet the requirements of
Slide 34: Management
MANAGEMENT Joseph Hamilton, P. Geo, CFA Wesley C. Hanson, P. Geo. Donna McLean Chairman of the Board of Directors Chief Operating Officer Chief Financial Officer and and Chief Executive Officer Secretary Joe is a Professional Geologist with over 30 years of Wes joined Unigold's team in March 2013. W
Slide 35: Board of Directors
BOARD OF DIRECTORS Joseph Hamilton, Joseph Del Campo, CPA, CMA Charles Page, Jose Acero Normand Tremblay P. Geo, CFA Director M.Sc., P.Geo. Director Director Chairman of the Board of Directors Audit Committee Chairman Lead Director Mr. Acero is a residient Mr. Tremblay is the and Chief Executive Off
Slide 36: Contact Information
TSX.V: UGD unigoldinc.com CONTACT INFORMATION Ste. 2100 – 401 Bay St. Joseph Hamilton P.O. 55 Chairman & CEO Toronto, Canada M5H 2Y4 jhamilton@unigoldinc.com unigold@unigoldinc.com