Lake Victoria Gold Ltd · TSXV:LVG
Lake Victoria Gold — Tembo Gold — Investor Presentation (2014)
32 slides from Lake Victoria Gold's investor presentation, 2014
Slide 1: High Grade Gold Exploration in Tanzania
TSX-V: TEM High Grade Gold Exploration in Tanzania Investor Presentation, Q1 2014
Slide 2: Cautionary Note
Cautionary Note This presentation includes certain statements that may be deemed forward-looking. All statements in this presentation, other than statements of historical facts, that address future production, mineral resource or mineral reserve potential, results of exploration drilling, geological
Slide 3: Tembo at a Glance
Tembo at a Glance • Highly Prospective Tanzanian Gold Asset – A 101km2 contiguous area consisting of 33 active licences and 5 under application, adjacent to African Barrick's 14Moz Bulyanhulu Mine in the prolific Lake Victoria greenstone belt of Tanzania – Significant initial drill results with best
Slide 4: Capital Structure
Capital Structure Clean capital structure with limited shares outstanding Capital Structure Holders TSX Venture Symbol TEM NAMF II 28% 52 Week Range $0.07 - $0.40 Concept Capital Management Limited 17% Issued & Outstanding 135,813,234 Stratex Gold A.G 13% Fully Diluted 237,261,503 49 North Resources
Slide 5: Management Team
Firsthand and Extensive Experience MANAGEMENT TEAM TSX-V: TEM / FSE: T23 5 www.TemboGold.com
Slide 6: Management
Management Former Bulyanhulu management leading the company • DAVID SCOTT – Director, President & CEO – Former Technical Services Manager for Barrick Gold’s subsidiary Kahama Mining Corporation; responsible for all Technical Services at Bulyanhulu including on-mine exploration activities – Over 32 y
Slide 7: Directors & Management
Directors & Management • NEIL GARDYNE - Director – Geologist with over 35 years' experience in exploration and mining ventures in Southern Africa – Has been involved in managing Private Equity/ Venture Capital funds focusing on early stage exploration and mine development in Africa for the past 12 y
Slide 8: Tembo Gold Project
Historic and Recent Work TEMBO GOLD PROJECT TSX-V: TEM / FSE: T23 8 www.TemboGold.com
Slide 9: Lake Victoria Mining Camp
Lake Victoria Mining Camp An established mining camp with several multi-million ounce gold deposits • Six modern mining operations • Significantly improved infrastructure • Strong gold endowment • Well understood geological granite greenstone terrane with parallels worldwide M&I Inferred Company Min
Slide 10: The Tembo Project
The Tembo Project 101km2 land package adjacent to African Barrick’s 14Moz Bulyanhulu mine • Large contiguous ground holding – 94km2 active licence area and 7km2 under application • Project credentials – Historic exploration database with good results – >10km of extensively continuous artisanal worki
Slide 11: Historical Exploration
Historical Exploration Exploration results suggest a highly prospective area that is under-drilled • Airborne magnetics – Defines the extent of the greenstone geology that hosts gold mineralisation – Confirms geological continuity with the area to the southeast – Clearly defines magnetic structures
Slide 12: Artisanal Activity
Artisanal Activity Significant artisanal activity further confirms gold mineralization • Over 2,000 artisanal miners operating over 100 active mine shafts • More than 2,800 shafts located along Bulyanhulu parallel, east-west, and northwest trending structures totaling over 10km of artisanal mining z
Slide 13: LIDAR and Recent Field Mapping
LIDAR and Recent Field Mapping 2011 LIDAR survey identifies over 10km of artisanal mining zones • LIDAR survey and field mapping – Digital terrain model (DTM) and high resolution orthophoto identified numerous previously unrecorded areas of mining – Individual laterally continuous zones of mining sh
Slide 14: Tembo Drilling Status
Tembo Drilling Status 35,328m in 192 holes (57 DD and 135 RC) completed to date • Ngula 1 – 7,785m of DD (32 holes) and 7,035m of RC drilling (37 holes) completed – Targeting two structural zones focusing on a southern set of east- west, and interpreted northwest and northeast intersecting structure
Slide 15: Immediate Work Program
Immediate Work Program Q1 2014 - Continued target development and depth extent testing • Additional drillholes at Ngula 1, Nyakagwe East and Nyakagwe Village to further develop these targets during Q1 14 • Geophysical survey (IP) to test the northwest structures of the Buly trend and to the north an
Slide 16: Ngula 1 Drill Results
Ngula 1 Drill Results Several drill holes encountered multiple zones of mineralization • Highlights Include: – TDD0004: 3.13 g/t gold over 25.89m from 41.00m including 9.38 g/t gold over 6.30m; – TDD0005: 5.14 g/t gold over 8.50m, including 15.59 g/t gold over 2.68m; – TDD0010: 6.44 g/t gold over 1.
Slide 17: Ngula 1 Drilling Update
Ngula 1 Drilling Update >600m strike length, multiple structures, grades ranging between 1-300g/t gold – Deep drilling follow-up • Drilling has intersected high grade and wide mineralisation but inconsistent results • TDD0041 deepened in the latest 2014 drilling • Additional deep diamond drillhole T
Slide 18: Mgusu Drilling Update
Mgusu Drilling Update High grade drill results and artisanal grab samples confirm significant mineralization Note: Detailed information on all drill results available on the company website TSX-V: TEM / FSE: T23 18 www.TemboGold.com
Slide 19: Nyakagwe East Drilling Update
Nyakagwe East Drilling Update Consistently developed and mineralized structures to be tested – Follow-up in-fill and deeper drilling • 1000m strike extent of gold mineralization on northern structure confirmed by 2012 drill program • 2014 follow-up drilling to in-fill known strike and extend drillin
Slide 20: Nyakagwe Village
Nyakagwe Village Multiple high grade gold intersections both near surface and at 300m depth – High grade 2012 intersections followed up to the east • Initial drilling at Nyakagwe Village intersected high grades in multiple structures • 2014 follow-up drilling is testing the extensions of these struc
Slide 21: Buly Trend Geophysics
Buly Trend Geophysics The northwest trending Buly set of magnetic lineaments to be tested – The Bulyanhulu Mine Reef 1 structure and sub-parallel structures • The Reef 1 structure is one of a number of sub-parallel northwest trending magnetic lineaments known to host high grade mineralization • IP i
Slide 22: Mgusu Drilling
Mgusu Drilling High grade drill results and artisanal grab samples confirm significant mineralization Note: Detailed information on all drill results available on the company website TSX-V: TEM / FSE: T23 22 www.TemboGold.com
Slide 23: Drill Results Overview
Drill Results Overview High grade gold mineralization demonstrated on multiple targets TSX-V: TEM / FSE: T23 23 www.TemboGold.com
Slide 24: Our Community
Our Community Tembo Gold is committed to being a valuable member of its community • Tembo Gold engages with the community – Since inception of the project Tembo Gold has been committed to stakeholder engagement and becoming a valued member of the community – Solid early groundwork was conducted to i
Slide 25: Investment Summary
Investment Summary • HIGHLY PROSPECTIVE GOLD ASSET: Located adjacent to African Barrick's 14Moz Bulyanhulu Mine in the prolific Lake Victoria Greenstone belt, the 101km2 property has highly prospective geology, encouraging earlier exploration with promising results, and multiple targets identified •
Slide 26: Appendix: Additional Info
Additional Info APPENDIX TSX-V: TEM / FSE: T23 26 www.TemboGold.com
Slide 27: Artisanal Mining Faces
Artisanal Mining Faces Artisanal mining of well developed quartz veins TSX-V: TEM / FSE: T23 27 www.TemboGold.com
Slide 28: Ngula 1 Drill Results
Ngula 1 Drill Results Several drill holes encountered multiple zones of mineralization • Highlights Include: – TDD0004: 3.13 g/t gold over 25.89m from 41.00m including 9.38 g/t gold over 6.30m; – TDD0005: 5.14 g/t gold over 8.50m, including 15.59 g/t gold over 2.68m; – TDD0010: 6.44 g/t gold over 1.
Slide 29: Nyakagwe East
Nyakagwe East Multiple zones of mineralization at varying depths • Highlights Include: – TDD0019: 3.51 g/t gold over 2.45m from 67.35m including 11.30 g/t gold over 0.34m; – TDD0029: 61.8 g/t gold over 0.68m from 277.24m, and 3.93 g/t gold over 1.47m, including 5.28 g/t gold over 0.62m from 140.53m
Slide 30: Preliminary Metallurgical Testing
Preliminary Metallurgical Testing Preliminary metallurgical test work indicates ~90-95% gold recoveries • Gold Deportment Procedure – Artisanal face samples grouped and composited into low, medium and high- grade – Amenability to gravity recovery tested by Knelson concentrator – Mineralogical charac
Slide 31: Bulyanhulu Geology
Bulyanhulu Geology Mineralized reefs along steeply dipping northwest striking structure • A 14m million ounce narrow-vein shear hosted gold deposit with silver and copper mineralisation • Shear zone situated within a narrow argillite unit at a contact within a volcanic sequence • Sulphide mineraliza
Slide 32: Bulyanhulu Long Section
Bulyanhulu Long Section Reef 1 continues to extend further to the west African Barrick Gold Preliminary Results 2013 Presentation February 2014 TSX-V: TEM / FSE: T23 32 www.TemboGold.com