Scorpio Gold Corporation · TSXV:SGLD
Scorpio Gold — Investor Presentation (August 2024)
22 slides from Scorpio Gold's investor presentation, August 2024
Slide 1: A New Approach to Established Assets with a Rapid Path to Production
A New Approach to Established Assets with a Rapid Path to Production TSX.V: SGN OTCQB: SRCRF FSE: RY9 scorpiogold.com Summer 2024
Slide 2: Forward-Looking Statements
Forward-Looking Statements FORWARD LOOKING STATEMENTS Except for the statements of historical fact, the information contained herein is of a forward looking nature such forward looking information Involves known and unknown risks, uncertainties and other factors which may cause the actual results, p
Slide 3: Investment Upside
Investment Upside NEW APPROACH & MANAGEMENT NOTABLE RESOURCE FORTHCOMING Fresh capital, new investors, and Manhattan project – past drilling defined an management with strong technical team open-pit zone of scale and grade. Minimal and capital markets access investment away from a resource that has
Slide 4: Management & Advisors
Management & Advisors ZAYN KALYAN CEO & Director DANIEL KUNZ Technical Advisor Zayn Kalyan is an experienced investment banker and business development executive. Starting his career as a software engineer, his background in the “ground-up” development of Mr. Kunz has significant experience in inter
Slide 5: Directors
Directors MICHAEL TOWNSEND Independent Director Mr. Townsend has extensive experience in corporate finance spanning over 25 years and 30 years in Capital Markets. Mr. Townsend is one of the founding partners of Altus Capital Partners, a boutique investment bank based in Vancouver, B.C. Altus has bee
Slide 6: Share Structure
Share Structure PRICE CASH SHARES Basic Outstanding 50,459,167 February 2024 Financing $0.15 $6,000,000 40,000,000 Total $6,000,000 90,459,167 Altus Gold Private Financing Warrants $0.25 $3,000,000 12,000,000 RTO Concurrent Financing Warrants $0.20 $8,000,000 40,000,000 Total Fully Diluted $17,000,0
Slide 7: History
History 2010-2018 2019 2021 2023 Scorpio operates Mineral Ridge heap leach Scorpio completes 100% acquisition of Mineral Scorpio acquires 100% interest in 4,300 acre Scorpio enters into LOI with Altus mine, produces 292,798 Au oz at 1.5 g/t Au Ridge Mine, with successful buyout of senior Manhattan M
Slide 8: Two Proven Nevada Projects
Two Proven Nevada Projects MANHATTAN MINERAL RIDGE & NORTH STAR A high-grade open-pit gold zone that Mineral Ridge: Permitted mine, significant has already been drilled, indicating infrastructure and past production with that a significant resource is established resource and good gold grades but fo
Slide 9: Manhattan
Manhattan POTENTIAL TO DEFINE A LARGE OPEN PIT RESOURCE ON THE CONSOLIDATED MANHATTAN DISTRICT Manhatthan has had over 100,000 meters of drilling historically, across 1,100 drill holes, by Echo Bay Mines and Kinross. Scorpio believes the Echo Bay West Pit and Goldwedge have the potential to be a sin
Slide 10: Manhattan Mining District
Manhattan MINING DISTRICT Goldwedge Mine Reliance Mine Mining in the Manhattan District dates back to the 19th century. Manhattan Mine Combined placer and East & West Pits underground production is estimated at 640K oz gold The Reliance Mine produced ~59K tons grading 0.435 oz/ton gold from 1932-194
Slide 11: Manhattan Project
Manhattan Round Mountain PROJECT +15 million oz. gold Situated on the southern periphery of the Manhattan Caldera, approximately 16 km south of the +15 M oz Round Mountain Mine 6,071-acre property encompasses the Goldwedge Mine, the recently acquired Kinross Manhattan properties with TWO past produc
Slide 12: Significant Exploration
Significant Exploration HOLE ID Au (g/t) INTERVAL (m) GWUG21-015 50.20 5.60 including 260.90 0.90 GWUG20-001 12.47 7.60 Including 53.49 1.52 GWUG20-001A 9.02 7.40 GWUG20-001A 13.06 1.60 MWRC22-003 27.16 16.80 Including 145.74 3.10 MWRC22-011 26.62 1.50 MWRC22-018 4.90 22.90 Including 38.76 1.50 MWRC
Slide 13: Manhattan Mineralization
Manhattan Mineralization TSX.V: OTCQB: FSE: scorpiogold.com 13
Slide 14: Manhattan Mineralization
Manhattan Mineralization TSX.V: OTCQB: FSE: scorpiogold.com 14
Slide 15: Milestone & Near-Term Catalysts
Milestone & Near-Term Catalysts February 2024 Q2 2024 Q3 2024 Q4 2024 Financing: Scorpio Closes $6M Drill/Exploration Program: Begin Receive exploration program results Announce Maiden Resource at Private Placement and exploration program at Manhattan Manhattan Amalgamation with Altus Gold, Begin Me
Slide 16: Mineral Ridge & North Star
Mineral Ridge & North Star Considerable mining infrastructure, High-grade mineralization across North Considerable exploration potential on both Scorpio holds valuable water rights 1m+ oz Au with full permitting and licenses Star and North Spring with multiple Mineral Ridge, North Star, and North Sp
Slide 17: Feasibility Study
ECONOMIC PARAMETERS Total Unit Gold Price $1,200 US Construction Period 1 Year(s) Operating Period 7.5 Year(s) Leach Pad Material Milled 6,855 Kilotons Feasibility Study Average Lech Pad Gold Grade ROM Material Milled 0.53 3,712 g/pt Kilotons ROM Material Gold Rate 1.31 g/pt • Positive feasibility s
Slide 18: Mineral Ridge
Mineral Ridge GEOLOGY FIRST APPROACH Conduct geologic mapping of the entire 17km of Mineral Ridge EXPAND EXPLORATION & DRILL HIGH PRIORITY TARGETS Focus on North Star with potential for varied geology, alongside drilling inside current mine gates EXPLORE PRODUCTION OPPORTUNITIES Based upon results o
Slide 19: Manhattan Infrastructure
Manhattan Infrastructure TSX.V: OTCQB: FSE: scorpiogold.com 19
Slide 20: Mineral Ridge Infrastructure
Mineral Ridge Infrastructure TSX.V: OTCQB: FSE: scorpiogold.com 20
Slide 21: Investment Upside
Investment Upside NEW APPROACH & MANAGEMENT NOTABLE RESOURCE FORTHCOMING Fresh capital, new investors, and Manhattan project – past drilling defined an management with strong technical team open-pit zone of scale and grade. Minimal and capital markets access investment away from a resource that has
Slide 22: Thank you.
Thank you. Zayn Kalyan, CEO zayn@scorpiogold.com TSX.V: SGN OTCQB: SRCRF FSE: RY9 scorpiogold.com Summer 2024