Asante Gold Corporation · TSXV:ASE
Asante Gold — Investor Presentation (January 2016)
20 slides from Asante Gold's investor presentation, January 2016
Slide 1: Kubi Gold Mine Option Update
KUBI GOLD MINE OPTION “Why Gold?” “Why Kubi?” “Why Asante?” UPDATE January 2016 CSE: ASE FRANKFURT:1A9 1
Slide 2: Why Gold? A risk free asset in a world full of risk
WHY GOLD? …. a risk free asset in a World full of risk “Money is gold, and nothing else.” JP Morgan, Dec 1912 “I never thought it wise to sell [gold] because for central banks this is a reserve of safety.” Mario Draghi, European Central Bank, Oct 2013 “Outright physical gold ownership, without pledg
Slide 3: Why Gold? Power/Influence/Safety
WHY GOLD? …. Power/Influence/Safety Since the Pharohs: Gold is Money and Money is Power Door relief, Summer Palace, St. Petersburg Canon, Golden Domes, Kremlin, Moscow 3
Slide 4: Gold: money for 4,000 years until 1971
GOLD …. money for 4,000 years …. until 1971 when USA said it wasn’t??? Clockwise from upper left: Hellenistic Period Medallion ~220 BC*; Ghana Ashanti Golden Eagle Staff circa ~1880; gold bars; Greek Bracelet ~350BC*; Urals Gold Nugget**; Gold Solidus Justinian 1st ~527 AD; (*Altes Museum Berlin **G
Slide 5: Gold: a risk free asset in a world of fiat currency risk
GOLD …. a risk free asset in a World full of …. Fiat currency risk Government Since 1998 legally and 60% to 75% methodically REAL ‘steals’ wealth ‘Money Loss’ through in inflation and Government Currency currency relative to gold debasement averaging ~4% per year over last two decades 5
Slide 6: Gold in 2015 US dollars peaked at $9,000 in 1980
GOLD …. In terms of 2015 US dollars gold peaked at $9,000 in 1980 Nixon closed USD gold convertible window in 1971 unleashing inflation (devaluation) of USD through 1980 and gold soared. Gold is today historically cheap. (ShadowStats.com/ Casey Research) 6
Slide 7: Gold shares leveraged to bullion
GOLD shares …. leveraged to bullion During times Turmoil in World Financial System of World 1971 Nixon ends gold backed US$ Best financial entry system point to restructuring gold (debt relief ) shares gold shares 310% in outperform 70 gold which 175% years itself 120% 55% outperforms ‘money’ 7
Slide 8: Gold: physical trade and pricing moving East as the Yuan rises
GOLD …. physical trade and pricing moving East as the Yuan rises Financial District Shanghai The China – gold link: • China’s GDP now equals that of the USA • China is the world’s largest gold producer and is rapidly accumulating additional reserves – above and below ground • China’s currency will/m
Slide 9: Gold: the least volatile of all commodities and money
GOLD …. the least volatile of all commodities …. and money In a volatile world – gold has the lowest volatility hence it makes the best backing for World money (data source http://www.usfunds. com/interactive/the- periodic-table-of- commodities- returns-2014/#peri) 9
Slide 10: Why Gold? Summary
WHY GOLD? Summary • Gold bullion has been in a IMF induced ‘low price coma’ to permit USA QE 1, 2, 3, Abenomics etc. to re-inflate G10 economies. It largely hasn’t worked, but instead created stock market and real estate bubbles …. and an excellent cheap entry point to buy gold which China, Russia &
Slide 11: Why Kubi? Highlights
WHY KUBI? Highlights • Near term gold production: Ghana #10 gold producer in the World and #2 gold producer in Africa; Stable title, regulatory and taxation regime • Kubi Gold Mine projected to produce 30,000 to 40,000 oz Au per year (500 - 650 tpd @ 6 to 8 g/t Au) from decline under previous AngloG
Slide 12: Why Kubi? Highlights
WHY KUBI? Highlights…. Kubi Mine AngloGold Obuasi Mine • NI 43-101 Mineral Resource (diluted): Measured 0.66 Mt @ 5.30 g/t Au for 112,000 oz gold; Indicated 0.66 Mt @ 5.65 g/t Au for 121,000 oz; and Inferred 0.67 Mt @ 5.31 g/t Au for 115,000 oz. Open to expansion at depth • Ore shoots at nearby +60
Slide 13: Kubi Composite Assay Long Section (looking W)
KUBI – Composite Assay Long Section (looking W) • Definition drilling planned from drill bays in decline • Objective is to develop high grade stopes >8 g/t Au for early production • Conventional shrinkage mining to minimize dilution • Lower grade material will be stockpiled for later shipping/proces
Slide 14: Why Kubi? Highlights
WHY KUBI? Highlights…. • Design work on portal and exploration decline completed; temporary operating permit to commence construction issued • Excellent mining infrastructure, experienced labor available, near the centre of major Obuasi mining camp • 20 year renewable mining lease issued, 12 years r
Slide 15: Why Asante?
WHY ASANTE? • Tight share structure 27 million shares fully diluted, 43% Management/Insiders • 17 million shares reserved for 100% buy out of Kubi Mine • Management team responsible for acquisition and ‘growing’ of +6 million ounces of current under development/producing gold resources in Ghana • Mi
Slide 16: Share Capital
SHARE CAPITAL Management controlled and tightly held Shares Issued and outstanding Shares 23,131,000 warrants 2,325,000 incentive options 2,220,000 Fully Diluted 27,676,000 Management Position (FD) 34% Goknet Mining (FD) 9% (note: working capital position presently being funded by shareholder/long t
Slide 17: Board of Directors/Management
BOARD OF DIRECTORS/MANAGEMENT • Douglas R. MacQuarrie, President & CEO P.Geo.BC, B.Sc. Geology Geophysics 41 years’ mineral exploration experience, last 23 years in West Africa; responsible for discovery and acquisition of significant gold deposits in Canada and in Ghana including, as former CEO of
Slide 18: Contact Information
CONTACT INFORMATION Canada Ghana Suite 206, 595 Howe Street No. 1, Yapei Link, Airport Residential Area Vancouver, BC, V6C 2T5 P.O. Box 9311, Airport, Accra, Ghana Tel: +1 604 558 1134 Fax: +1 604 558 1136 Tel: +233 (0)207 345194 CAN/US Toll Free: +1 877 339 7525 Mobile: +233 (0)244 331486 Douglas M
Slide 19: Disclaimer
DISCLAIMER THE INFORMATION IN THIS POWERPOINT IS PROVIDED FOR INFORMATION PURPOSES ONLY. CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION This presentation contains statements of forward-looking information (or "FLI") including those in respect of future exploration, development, permitting and m
Slide 20: GOLO CORPORATION
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