Pelangio Exploration Inc. · TSXV:PX
Pelangio Exploration — Investor Presentation (November 2018)
24 slides from Pelangio Exploration's investor presentation, November 2018
Slide 1: Investor Presentation
Investor Presentation November 2018 BIRCH LAKE, CANADA Acquiring and Exploring Camp Sized Properties in Canada and Ghana, West Africa PX : TSX-V GHANA, WEST AFRICA
Slide 2: Disclaimer
Disclaimer Cautionary Note Regarding Mineral Resource Estimates Investors should not assume that any of the indicated or inferred resource disclosed herein will ever be upgraded to a higher category of mineral resource or to mineral reserves and that any or all of the indicated or inferred mineral r
Slide 3: Where There is History - There is Potential
Where There is History - There is Potential Birch Lake – Dalton Obuasi – Manfo ONTARIO GHANA Canada West Africa Birch Lake Project – high-grade Obuasi Project – high-grade intercepts - property ADJACENT intercepts located ADJACENT TO TO the 4.67 Moz Springpole AND ON STRIKE WITH the GIANT Project wo
Slide 4: Properties - Canada
Properties - Canada Birch Lake - 25 Sq Km Red Lake Mining District Combination of Pelangio’s Birch Lake Property and recently acquired Keigat Lake Claims Historical high-grade intercepts: - 34.54 g/t Au over 9.85m, including 113.94 g/t Au over 2.95m Birch Lake Adjacent to First Mining’s Springpole G
Slide 5: Canada - Birch Lake, Red Lake District
Canada - Birch Lake, Red Lake District 100% ownership of Pelangio Hole 096 34.54 g/t Au over 9.85m Incl. 113.94 g/t Au over 2.95m ground, & 100% interest earn-in on 5SD Option (400,000 common shares to 5SD Capital) Keigat Lake Area Claims surround Pelangio’s Birch Lake Project which includes High Gr
Slide 6: Geology of High Grade Island
Geology of High Grade Island Hole 064 Hole 096 34.54 g/t Au over 9.85m 7.08 g/t Au over 4.4m incl 113.94 g/t Au over 2.95m Hole 097: 244.73 g/t Au over 2.45m Hole 074 8.7 g/t Au over 4.2m Hole 078 105.3 g/t Au over 2.0m Hole 090 52.08 g/t Au over 2.0m 6
Slide 7: Canada - Dalton Property, Timmins
Canada - Dalton Property, Timmins • Dalton is located approximately 1.5 km from Hollinger Mine the 19.3 million (19.3 Million Ounce Au) oz Hollinger Mine • The Timmins camp is one of the most significant mining regions in Canada Dalton Property 7
Slide 8: Dalton – Geology
Dalton – Geology Proximity to the Giant Hollinger Mine Hollinger Mine (19.3 Million Ounce Au) The western and eastern extremities of the property are covered by Tisdale Group volcanics 1 cm Minimal exploration completed since the 1940’s Dalton Property 8
Slide 9: Canadian Exploration
Canadian Exploration Birch Lake Dalton Geophysics and Diamond Drilling Sampling, Assaying, Geophysics and Diamond Drilling PLAN Multi-phase program of: PLAN Multi-phase program of: • 600 km airborne geophysics • airborne geophysics • 8-10 diamond holes (2,500-3,000m) • 4-6 diamond holes (1,000-1,500
Slide 10: Properties - Ghana
Properties - Ghana Obuasi Project - 284 Sq Km Adjacent to the giant Obuasi Gold Mine, 60+ million ounce gold endowment AngloGold Ashanti is currently redeveloping the Obuasi Gold Mine and states: “Obuasi…a world class resource with a century of history” High-grade intercepts: - 24.5 g/t Au over 1m a
Slide 11: Obuasi
Obuasi Location in relation to the Giant Obuasi Mine 100% interest (subject to 10% gov’t interest) The giant Obuasi vein-type orogenic deposit is hosted in sheared graphitic argillites and PG11-NGT-121 mafic rocks of the Birimian, to 1m @ 24.50 g/t PG11-NGT-122 the northwest of the Tarkwaiian- 2m @
Slide 12: Obuasi
Obuasi Regional Geology, Mines and Exploration Targets Geophysics VTEM-EM conductivity, maps out structures in sheared argillite PG11-NGT-121 Obuasi mine geology was 1m @ 24.50 g/t PG11-NGT-122 identified in NGA region during last 2m @ 11.28 g/t drill campaigns of 2012 Drill targeting based on recen
Slide 13: Obuasi
Obuasi North Government Target Last Obuasi drill campaign discovered high-grade vein– hosted visible gold mineralization in sheared graphitic argillites Drill holes PG11-NGT-121 and PG11-NGT-122 intersected 1m of 24.50 g/t gold and 2m of 11.28 g/t gold respectively Gold mineralization is associated
Slide 14: Obuasi
Obuasi Diamond Drilling – Plan & Budget Diamond Drilling WHY? Follow up on seven previously identified soil anomalies shown in pink PLAN - Strike length to be investigated is 2300m - 15-20 diamond holes (approximately 200- 300m per hole) - Total of 3000-5000m COST $650,000 - $1,000,000 14
Slide 15: AngloGold's Obuasi Mine Redevelopment
AngloGold’s Obuasi Mine Redevelopment One of Africa’s Largest Mines & Our Closest Neighbour Expected to become one of Full mine redesign the 10th largest Attractive cost incorporating Large, high-grade mines by structure, capital existing and some ore body: production in efficiency, new infrastructu
Slide 16: Manfo
Manfo Sefwi Belt: 33 Gold Deposits (20+ Million Oz) Gold deposits are associated with north to northeast trending major faults that bound each terrain 62 known gold occurrences in the Sefwi Belt 100 sq km on Ghana’s prodigious Sefwi Greenstone Belt - 14 km from Newmont’s flagship Ahafo Mine with geo
Slide 17: Manfo
Manfo Three Resource Areas 9 km geochemical trend, multiple structures 3 areas at initial resource stage: Pokukrom East and West, Nfante West 7 near surface discoveries since August 2010 Received maiden resource estimate from SRK of 195,000 oz (at 1.5 g/t Au) Indicated, 298,000 oz (at 1.0 g/t Au) In
Slide 18: Manfo
Manfo Pokukrom Pit Shells and Block Model Looking East +1.0 g/t block model shown @ $1,450 gold Mineralization below pit not tabulated in this estimate 175 m depth is pit bottom Metallurgical testing - gold recovery 86% from sulphide and 94% from oxide 18
Slide 19: Experience and Track Record
Experience and Track Record Diversified Talent for Success Gold – Cycles Directors Management and Value Ingrid Hibbard, Warren Bates, President & CEO Senior Vice President, Exploration Acquired and Re-Envisioned Community Sam Torkornoo, Detour David Mosher Deposit Vice President Exploration, Africa
Slide 20: Strategic Initiatives
Strategic Initiatives Project Risk Mitigation Generation Projects with geographic diversity - Non-core assets to generate revenue and low political risk add value Canada and Ghana Growth Market Timing Through Capitalize on Opportunity Acquisition Valuable assets – ability Recent acquisition of 5SD t
Slide 21: The Time is Now
The Time is Now The Cycle Has Turned Discovery Last cycle we re- Exploration programs Advance envisioned and designed for monetized Detour Obuasi high-grade Dalton, Birch Lake Gold intercepts in and Obuasi Now we have three Obuasi style Capitalize on Dalton camp-size projects mineralization acquisit
Slide 22: Market Facts, PX:TSX-V
Market Facts, PX:TSX-V Capitalization in Millions Trading PX: TSX-V; PGXPF: OTCPINK @ November 1, 2018 @ November 1, 2018, all values in Canadian $ Market Shares $4.82 M Cap Outstanding 27.5 M Warrants Options 52W H/L $0.12/0.60 3.7 M 0.8 M Current $0.175 Price Fully Diluted Average Daily 32 M Volum
Slide 23: Why Invest in Pelangio?
Why Invest in Pelangio? Exceptional leverage to rising gold price Positioned for positive cycle return Camp size land positions and stream of projects at various stages in Ontario & Ghana High-Grade located Birch Lake – Adjacent to 4.67 Moz gold deposit Obuasi – large property, High-Grade located Ne
Slide 24: Contact
INSERT IMAGE HERE CONTACT Ingrid Hibbard, President & CEO Email: info@pelangio.com Pelangio Exploration Inc. Tel: 905-336-3828 24 www.pelangio.com
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