Canagold Resources Ltd · TSX:CCM
Canagold Resources — Investor Presentation (December 2021)
21 slides from Canagold Resources's investor presentation, December 2021
Slide 1: Investor Presentation Q4 2021
INVESTOR PRESENTATION Q4 2021 | TSX: CCM | OTC: CRCUF - Canagoldresources.com | TSX: CCM OTC: CRCUF 1
Slide 2: Disclaimer
DISCLAIMER Certain statements contained herein regarding the inherent in the estimation of mineral reserves and Company and its operations constitute “forward- resources, fluctuations in the costs of goods and looking statements” within the meaning of the services, problems associated with explorati
Slide 3: Investor Highlights
INVESTOR HIGHLIGHTS Rebirth of the Robust High Grade Safe Mining Company Development Jurisdictions New name, New director, New VP New Polaris robust PEA Safe mining friendly jurisdictions Exp, New structure, New financing Advancing towards Feasibility Nevada (USA) and BC (Canada) Strong cash positio
Slide 4: Investor Information
INVESTOR TSX OTCQB FRA INFORMATION CCM CRCUF CANA SHARES OUTSTANDING WARRANTS OPTIONS 81.9 M 11.5 M 6.6 M CURRENT SHARE PRICE CURRENT MARKET CAP CASH & EQUIVALENT C$0.44 C$36 M C$6 M Top 6 Shareholders Hold 40%: Eric Sprott, Ruffer Gold Fund, Bradford Cooke (Chairman) and HNW Investors. Key Data Dec
Slide 5: Experienced Management
EXPRERIENCED MANAGEMENT CEO Chairman & Founder President & COO Scott Eldridge Bradford Cooke Garry Biles BBA, MBA M.Sc, P. Geo. P. Eng. Experienced executive involved in the Professional geologist with over 40 years Professional engineer with more than 40 acquisition, exploration, development and ex
Slide 6: Board of Directors
BOARD OF DIRECTORS Director Director Director Deepak Malhotra Martin Burian Andrew PHD CA, CBV Bowering Metallurgical Engineer and Mineral Economist Chartered Accountant and Chartered Venture capitalist with 30 years experience. with over 40 years experience having worked Business Valuator with over
Slide 7: Core Assets
NewPolaris,BC Vancouver, CORE ASSETS BC BRITISH COLUMBIA 100% owned New Polaris Gold Mine in north-western BC Fondaway, NV NEVADA Portfolio including 100% owned Fondaway Canyon Gold Project (optioned to Getchell) Canagoldresources.com | TSX: CCM OTC: CRCUF 7
Slide 8: New Polaris Advanced Gold Mine Project
NEW POLARIS ADVANCED GOLD MINE PROJECT • Production History - 232,000 oz from 1938-42, 1946-51 • 1 million oz Resource* - see slide 10 for details • High Grade - average 10.3 gpt gold • Robust Economics at $1,500 gold (May 2020 PEA): After-tax IRR 56%, NPV US$333M, Payback 1.9 years • Key to unlock
Slide 9: New Polaris Location & Access
NEW POLARIS LOCATION & ACCESS LOCATION North-western BC, 60 km NE of Juneau, Alaska and 100 km south of Atlin, BC INFRASTRUCTURE 1,500 ft and 4,500 ft (1,370 m) airstrips, road to barge landing, barge access to tidewater, 20 person exploration camp with active permit PROPERTY 61 crown grants and 1 c
Slide 10: New Polaris High Grade Gold Resources
NEW POLARIS HIGH GRADE GOLD RESOURCES Indicated Au Cutoff Grade Tonnage Au Average Grade Au Contained (g/tonne) (Ktonnes) (gpt) (Koz) 2 1,880 10.0 605 3 1,798 10.4 599 4 1,687 10.8 586 5 1,556 11.3 567 6 1,403 12.0 540 7 1,260 12.6 509 8 1,105 13.3 472 9 947 14.1 428 Inferred Au Cutoff Grade Tonnage
Slide 11: New Polaris Current Drill Program
NEW POLARIS CURRENT DRILL PROGRAM • Almost completed 24,000m • 2 diamond rigs on site • Infill and exploration drilling • May to November 17 drill holes released out of 41 completed • Troy Gill, • Announcement of parallel vein intercepts including 17.1 gpt over 8.4m VP Exploration Holding 50.1 gpt o
Slide 12: New Polaris Gold Mine Site Map - Infill Drill Holes
Site Map - Infill Drill Holes UTM NAD83 Zone 8 NEW POLARIS GOLD MINE LEGEND Latest Reported Infill Drill Holes Completed Infill Drill Holes Planned Infill Drill Holes N Previous Drill Holes Mine Portal 0 200 Trails Meters Scale 1:5,000 Canagoldresources.com | TSX: CCM OTC: CRCUF 12
Slide 13: New Polaris Section 1775mE
S N NEW POLARIS LEGEND West Main C Vein East Low C Vein -200m East High C Vein Overburden Bedrock Recent Drill Hole 24.2gpt over 6.6m Existing Drill Hole -400m 0 200 15.8gpt over 13m Meters Scale 1:4,000 12gpt over 3m Canagold | Section 1775mE Mine Grid New Polaris Gold Mine | July, 2021 -600m 600mN
Slide 14: New Polaris Section 1875mE
LEGEND S N West Main C Vein East Low C Vein East High C Vein -100m C9 Vein C10 Vein Overburden -200m Bedrock Drill Hole Planned Hole -300m 0 100 11.0 gpt over 8.9 m Meters 17.1 gpt over 8.4 m Scale 1 : 2 000 -400m Section 1875mE 11.1 gpt over 17.8 m Mine Grid New Polaris Gold Mines -500m November 20
Slide 15: Resources Open at Depth
NEW POLARIS RESOURCES OPEN AT DEPTH Select Drill Highlights Width (m) Grade (Au g/t) 6.2 44.7 8.0 31.9 6.3 25.6 6.6 24.2 12.4 16.1 • Almost completed 24,000m 47 hole infill and exploration drilling program • Two deep holes to test down dip extension • Infill drill program extended into winter Canago
Slide 16: Mesothermal Gold Deposits
MESOTHERMAL GOLD DEPOSITS 1,000m 2,000m NEW POLARIS Red Lake Hemlo Timmins Kirkland Lake Canagoldresources.com | TSX: CCM OTC: CRCUF 16
Slide 17: New Polaris Gold Mine Grade
NEW POLARIS GOLD MINE GRADE • Grade is King: Higher Grades = Richer Ore • In combination with lowest quartile AISC • Industry average AISC = $900 - $1,100/oz • New Polaris Gold Grades are 7.6 X Higher Than Global Average* • Average grades are decreasing with time • High-Grade deposits are becoming e
Slide 18: New Polaris Robust PEA
NEW POLARIS ROBUST PEA Scheduled Resources 1,686,000 tonnes Indicated& 1,483,000 tonnes Inferred Grade 10.3 grams per tonne (diluted 20%) Production 750 tonnes per day Rate Recoveries Internal Rate of Return (After Tax) 90.5% 56% Output 80,000 oz gold per annum into dore bars Minelife NPV (5%) 8.7 y
Slide 19: Peer Comparison
PEER COMPARISON $USD EV/ Global Gold Resou rce Ounce 60 50 40 30 20 10 0 Source: Company Websites as of Sept. 21, 2021, most recent Financials filed on SEDAR Canagoldresources.com | TSX: CCM OTC: CRCUF 19
Slide 20: Why Invest in Canagold?
WHY INVEST IN CANAGOLD? Excellent Relative Seeking New Advancing Company Led by Strong Cash Valuation Upside Acquisitions New Polaris Experienced Position Potential Management & Board EV per Global Analyzing Infill Drilling and Geologists, Approximately CAN Resource Ounce opportunities with Feasibil
Slide 21: Thank You!
THANK YOU! CANAGOLD RESOURCES LTD. Knox Henderson, VP Corporate Development Suite 810 - 625 Howe Street TSX: CCM OTC: CRCUF Vancouver, BC V6C 2T6 knox@canagoldresources.com +1 604.416.0337 www.canagoldresources.com Canagoldresources.com | TSX: CCM OTC: CRCUF 21
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