Global Gold Corp. · OTC:GBGD
Global Gold — Investor Presentation (October 2017)
33 slides from Global Gold's investor presentation, October 2017
Slide 1: A United States Company's Path to Production in Armenia
A United States Company’s Path to Production in Armenia Symbol: GBGD Corporate Presentation October 2017
Slide 2: Disclaimer
Disclaimer Materials in this presentation may contain information that includes or is based upon forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Forward-looking statements give our expectations or forecasts of future events. You can identify these state
Slide 3: Armenia
Armenia Hankavan September 2016 marked 25th year of independence from USSR. Rich in mineral resources, especially non-ferrous Toukhmanuk metals. Meghradzor Major gold and silver deposits have been Getik confirmed and being developed. *Sevan Excellent legislative and treaty frameworks. Zod
Slide 4: Global Gold - Mining in Armenia
Global Gold - Mining in Armenia Historic Significance – 5,000 years of mining World class deposits of copper, gold, molybdenum and other metals Caucasus area renowned as tectonically active region Top rated mining jurisdiction New Mining Law in force since 2012 Well defined legal apparat
Slide 5: Middle-East Cenozoic copper-molybdenum-gold belt
Middle-East Cenozoic copper-molybdenum-gold belt
Slide 6: Global Gold - Deep Armenian Experience
Global Gold - Deep Armenian Experience Hankavan Exploring and producing in Armenia since1995 Toukhmanuk and Marjan properties have mining Toukhmanuk licenses and aggregate 73 sq. kms + AISCs less than $700/ounce Meghradzor Toukhmanuk brought into production, with new Getik plant and major up
Slide 7: Building a High Value Low Cost Precious Metals Corporation
Building a High Value Low Cost Precious Metals Corporation Two key Properties in Armenia Toukhmanuk Mine – New milling plant construction with production upgrades for planned 2Q 2018 production Marjan Project – Production projected for Q3, 2018 AISC at Each of Less than USD $700/oz Drivers
Slide 8: Area Knowledge > Area Operational Experience > Disruptions Need to Be Acknowledged
Area Knowledge > Area Operational Experience > Disruptions Need to Be Acknowledged Global Gold in Chile since 2001 (VP resident in Santiago) in Armenia since 1995. Employment of over 1,000 to date. Known mine operators in place to re-start. Market, financing, and counterparty setbacks-throug
Slide 9: Corporate Strategy
Corporate Strategy High Growth Strong Local Low Cost Project Pipeline Gold Opportunity Presence Production Focus on a group of key Utilize the expertise of Generate revenue Invest in or acquire high growth assets in management which has through production and properties that Armenia. strong local kn
Slide 10: Toukhmanuk Mine Overview
Toukhmanuk Mine Overview Independent analysis by Behre Dolbear of mining and drilling data has delineated Measured, Indicated and Inferred Mineral Resources, totaling 39.23 Mt at a grade of 2.1 g/t Au and 14.1 g/t Ag in approx. 20% of the 2.2 km2 Central Area of the 53.76 km2 deposit (Appendix 2)
Slide 11: Toukhmanuk
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Slide 12: Toukhmanuk
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Slide 13: 2015 Mining Permit Area Doubles the Old
2015 Mining Permit Area Doubles the Old I
Slide 14: Toukhmanuk Vein Comparison
Toukhmanuk Vein Comparison
Slide 15: Toukhmanuk Mineralization Discovery
Toukhmanuk Mineralization Discovery Dark and light areas identify Global discoveries of vein structures and mineralized zones The discoveries enabled permitting of open pit mining and new expansion opportunities.
Slide 16: Toukhmanuk New Plant Construction
Toukhmanuk New Plant Construction
Slide 17: Marjan Property Overview
Marjan Property Overview Effective September 7, 2016, the Company and the Armenian Government concluded amendments to the Marjan mining agreement which among other things provides that the Company: (1) has 3 years from September 1, 2016 to build the approved tailings dam and plant; (2) has 3.4 yea
Slide 18: Marjan Property Overview
Marjan Property Overview Explored since 1947 - including through 14 km of tunneling and over 17,000 meters drilling (60 km of road built by Global Gold). Exploration to date has included detailed geological mapping, trenching, diamond drilling, underground exploration and metallurgical testing.
Slide 19: Ramp up to 200,000 TPY -- 11.15k oz. Au; 233k oz. Ag
Phase One > Production ready in 6 months (Open pit) Ramp up to 200,000 TPY -- 11.15k oz. Au ; 233k oz. Ag p.y. Mine license effective through 2033 – covers Project territory of 19.6 Sq. km Mine Plan developed with Mining Contractor 13 veins in Central and 29 in North already discovered – ope
Slide 20: Geological Map – Marjan Central
Geological Map – Marjan Central
Slide 21: Geological Map – Marjan Central
Geological Map – Marjan Central Vein Structures With Phase One Open pits
Slide 22: Geological Map of Marjan North Area
Geological Map of Marjan North Area
Slide 23: Geological Map – Marjan Central And North with Drill Holes in Saddle Area
Geological Map – Marjan Central And North with Drill Holes in Saddle Area Toward Connecting Vein Structures
Slide 24: Marjan Central, Saddle, and North Satellite Photo
Marjan Central, Saddle, and North Satellite Photo
Slide 25: Marjan Cash Costs/Yields Projections-Phase 1… Robust Margins
Marjan Cash Costs/Yields Projections-Phase 1… Robust Margins Margin Cash Cost Summary $1,400 $1,200 Mining $122 $1,000 Processing $135 $ 800 General and Administration $76 ___________________________ Taxes (20%) and Royalties (1%) $221 $ 600 All-in Total Cash Cost $554 $ 400 Sust
Slide 26: Exploration Plan Overview
Exploration Plan Overview Historical drilling, tunneling, trenching and other exploration during the Soviet era and by Global Gold, have identified 13 veins in the Marjan Central Section 29 veins in the Marjan North Section The veins extend at strike in all directions at depth of up to the 2
Slide 27: Marjan Investment Scenario
Marjan Investment Scenario The Marjan property – divided into 3 areas Marjan Central-Mine Plan - veins extend Marjan North which has the same geology as Central- only 20% explored 15.4 million tonnes of ore at av. grade 2.31 g/t Au, 92.g/t Ag ( Armenian Standards) The Marjan Saddle joins Cen
Slide 28: Management Team
Management Team An Experienced Management Team With Local Expertise Van Z. Krikorian Chairman & CEO Mr. Krikorian has been actively involved in the mining industry since 1994. He joined Global Gold in 2003 after representing the company as outside counsel since 1995. Previously, Mr. Krikorian was a
Slide 29: Shareholder Structure
Shareholder Structure Global Gold Corporation <> OTCQB Trading Symbol: GBGD Shares Outstanding 93,007,559 Options 0 Warrants 0 Shareholders 1,310 Major Investors as of September 30, 2017 Management 55.3% Ian Hague (member – board of directors) 36.8% Other Management 18.5% Firebird Management LLC 11%
Slide 30: Thank You
Thank You CORPORATE OFFICE Global Gold Corporation 555 Theodore Fremd Avenue, Suite C-305 Rye, NY 10580 Tel: +1 914 925 0020 Fax: +1 914 925 8860 Email: GGC@globalgoldcorp.com Website: www.globalgoldcorp.com
Slide 31: Appendix 1 - Global Gold Primary Projects
Appendix 1 - Global Gold Primary Projects Marjan - Advanced stage of exploration; 6 month timeline to production. Armenian Standard resource deposit of 15.3 m tonnes Av. grade 2.3g/t Au 92.1 g/t Ag. (1.0 g/t Av. Cut off ) Property 19.6 km: world class exploration upside Toukhmanuk- Expanded pr
Slide 32: Appendix 2 – Toukhmanuk Behre Dolbear Report/Legal
Appendix 2 – Toukhmanuk Behre Dolbear Report/Legal Based on exploration and mining work done prior to 2011, the Behre Dolbear report states: Global Gold has delineated Measured, Indicated and Inferred Mineral Resources, totaling 39.23 Mt at a grade of 2.1 g/t Au and 14.1 g/t Ag in approximately 20%
Slide 33: Appendix 3 – Marjan
Appendix 3 – Marjan Mineral Resources and Reserves Estimate Per Armenian Standards Marjan Central Zone Category Tonnage Au g/t Ag g/t Cu % Zn % Pb % C1 593,200 2.99 84.46 0.11 0.88 1.30 C2 4,114,600 2.46 90 0.14 1.01 1.20 P1 4,127,244 2.18 93.42 0.17 1.04 1.26 Marjan Northern Zone Category Tonnage