Theta Gold Mines Ltd. · ASX:TGM
Theta Gold Mines — Investor Presentation (September 2021)
24 slides from Theta Gold Mines's investor presentation, Sep 30, 2021
Slide 1: Investor Presentation: High Growth, Low Cost Gold Developer
For personal use only AISC $905 USD 580 koz Mining Reserve & growing Targeting organic 160 kozpa production 620 km2 of pregnant goldfield South Africa a real home of Gold INVESTOR Top 3 undeveloped gold resource on the ASX PRESENTATION not owned by majors High Growth, Low Cost Gold Developer Septemb
Slide 2: Disclaimer
DISCLAIMER For personal use only Forward looking and cautionary statements Disclaimer and Competent Persons Statement This announcement or presentation may refer to the intention of Theta Gold Mines regarding estimates or future events which could be considered forward looking statements. Forward lo
Slide 3: Company Overview
For personal use only COMPANY OVERVIEW Initiating the Incorporating only Rapid production Controls over Theta Gold Mines Limited controls the operationalisation 6 of more than 40 ramp-up over the 62,000 hectares of Eastern Transvaal Gold Fields, where gold mining rights of its development- previousl
Slide 4: South Africa - An Attractive Investment Destination
SOUTH AFRICA - AN ATTRACTIVE INVESTMENT DESTINATION SOUTH AFRICA - 16% OF THE AFRICAN CONTINENT’S GDP For personal use only Logistical Advantages • Largest road system network in Africa Jurisdiction Benefits • Local commercial airports • Water • English Common Law • Democratic society government by
Slide 5: Capital Structure & Information
CAPITAL STRUCTURE & INFORMATION TGM CHART For personal use only $0.40 $0.35 Ordinary Shares Dual-listed on ASX: TGM | 516.86m $0.30 OTC: TGMGF Unlisted options and $0.25 management performance 60.77m 5 rights $0.20 Market Capitalisation ~A$98M (29 September 2021, (~US$69M) Oct Nov Dec 2021 Feb Mar A
Slide 6: Core Team
For personal use only CORE TEAM TGME Plant Office COO / CEO / Mine Manger / Chairman / SA Director / SA Director Trial Mining Opening Up Jacques Du Trio / Mitford Mundell / Freddy Leshoto Moketla / Bill Guy / Terrence Mokale / Finn Behken (ex-Harmony / ex-Harmony / ex-Harmony / ex-Jupiters / Sibanye
Slide 7: South Africa's Golden Triangle
SOUTH AFRICA’s “GOLDEN TRIANGLE” Theta Gold – 6.1Moz Au Developer – to produce >160Kozpa Theta’s For personal use only Eastern Transvaal Goldfields South Africa host the 3rd largest gold reserves in the world (~6,000t Au) Barberton Greenstone Witwatersrand Goldfields Goldfields West Wits Mining (ASX
Slide 8: Our Geology / Our Mining Rights
OUR GEOLOGY / OUR MINING RIGHTS “Our Mining Leases, covering one of the most AMAZING geological structure where the gold is trapped between both the Chemical Traps & For personal use only Structural Traps, all linked to the one-and-only Bushveld Complex” 8 CORPORATE PRESENTATION – SEPTEMBER 2021 (AS
Slide 9: TGME Underground PFS
TGME UNDERGROUND PFS INITIAL 16 % OF UNDERGROUND MINERAL For personal use only RESOURCE Pay-back period from Pay-back period from start of mining 22 first gold 13 months months By third year of production, 419 Koz delivered to almost 70 koz / year plant over Life of Mine (3 production units) 9 Life
Slide 10: Low-Cost Sustainable Gold Producer With High Margins
LOW-COST SUSTAINABLE GOLD PRODUCER WITH HIGH MARGINS Theta’s initial production would sit comfortably at the bottom 25 percentile in the cost rankings For personal use only TGME Gold Project (~A$1210) 10 AISC Curve Public Reported by Australian/New Zealand producing Mines | June Qrt 2021 Source: Aur
Slide 11: Optimised Resource Use Producing High Grade Ore
For personal use only OPTIMISED RESOURCE USE PRODUCING HIGH GRADE ORE Theta’s expected production grade sits within the top 25% percentile among Australian producing peers TGME Stage 1 to recover 353Koz @ 5.51g/t Au TGME Gold global resources 11 6.1Moz @ 4.17g/t Au Mill Feed /Head Grade Public Repor
Slide 12: Targeting >160,000 Ounces Annual Production
For personal use only TARGETING >160,000 OUNCES ANNUAL PRODUCTION Now Future Development Drill Rig First Economic Studies Solid Growth Potential completed • First three-mine operation, central • Develop multiple mines, reaching plant and tailings facility >60koz/a >160koz/a within five years, from @
Slide 13: TGME Northern Tenements
For personal use only TGME NORTHERN TENEMENTS New access into old adits, sampling Q4 2021 planned 13 CORPORATE PRESENTATION – SEPTEMBER 2021 (ASX: TGM | OTC: TGMGF | FSE: TGMGF)
Slide 14: Environmental, Social & Governance (ESG)
For personal use only ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG) ESG IS INTEGRAL TO THE DEVELOPMENT STRATEGY AND IS BASED ON: • Holistic risk management • Conservation of biodiversity • Zero harm approach to health and safety • Responsible production practices • Environmental stewardship • Positive im
Slide 15: September 2021 – A Rather Busy Month
SEPTEMBER 2021 – A RATHER BUSY MONTH • Mine site staff and labour Covid-19 vaccinations For personal use only completed • Covid-care training • Underground safety training • Frankfort Mine underground adit re-opening • Adits support • Trial mining and sampling preparations CORPORATE PRESENTATION – S
Slide 16: Ramping Up to Production
RAMPING UP TO PRODUCTION RESOURCE UPDATE For personal use only FUNDING Definitive feasibility Study for TGME Underground Q1 2022 Q1 PERMITTING for with Minxcon 2022 Permitting activities focused on the completion of the Mine Beta Mine South Sampling works program, and Q3 Program Q3 2021 – Beta south
Slide 17: Compelling Investment Rationale
For personal use only COMPELLING INVESTMENT RATIONALE SIZE INVESTOR POTENTIAL GROWTH LOW-COST EXPERIENCED FLEXIBILITY POSITIVE VALUE PRODUCER TEAM SOCIO-ECONOMIC IMPACT +6Moz of Gold Undervalued Low-cost expansion +160koz pa (within 5 Production costs Resource Multiple entry points 1,500 jobs create
Slide 18: Timing Is Everything
For personal use only TIMING IS EVERYTHING Continuous Production Growth Timing of Entry 18 CORPORATE PRESENTATION – SEPTEMBER 2021 (ASX: TGM | OTC: TGMGF | FSE: TGMGF) 18
Slide 19: Question Time
For personal use only Question Time Bill Guy – Chairman Email: billg@thetagoldmines.com www.thetagoldmines.com https://twitter.com/ThetaGoldMines Ticker: TGM (trade in AU$) Ticker: TGMGF (trade in US$) 19 CORPORATE PRESENTATION – SEPTEMBER 2021 (ASX: TGM | OTC: TGMGF | FSE: TGMGF) 19
Slide 20: Appendix
For personal use only APPENDIX 20 CORPORATE PRESENTATION – SEPTEMBER 2021 (ASX: TGM | OTC: TGMGF | FSE: TGMGF) 20
Slide 21: Combined Mineral Resources Statement (~6.1Moz)
For personal use only COMBINED MINERAL RESOURCES STATEMENT (~6.1Moz) Combined Mineral Resource Resource Classification Type of Operation Tonnage Gold Grade Gold Content Mt g/t Kg koz Underground 0.091 5.37 489 15.7 Measured Open pit Tailings Total Measured 0.091 5.37 489 15.7 Underground 4.774 6.21
Slide 22: Mineral Resources Statement - Underground (~4.5Moz)
For personal use only MINERAL RESOURCES STATEMENT - UNDERGROUND (~4.5Moz) Mineral Resource Reef Grade Stope Grade Reef Width Stope width Content Reef Tonnes Stope Tonnes Au Content Mine Reef Classification g/t g/t cm cm cm.g/t Mt Mt kg koz Measured Frankfort Bevetts 7.13 5.37 73 103 520 0.069 0.091
Slide 23: Mineral Resources Statement – Open Pits (~1.4Moz)
For personal use only MINERAL RESOURCES STATEMENT – OPEN PITS (~1.4Moz) Reef Grade Reef Width Content Reef Tonnes Au Content Mineral Resource Classification Open Pit Mine Reef g/t cm cm.g/t Mt kg koz Hermansburg Eluvial 1.79 0 0 0.505 905 29.1 DG1 Eluvial 2.24 0 0 0.640 1 432 46.0 DG2 Eluvial 0.66 0
Slide 24: Ore Reserve Statement
For personal use only ORE RESERVE STATEMENT Grade Tonnes Au Content Ore Reserve Classification Operation g/t kt kg koz Proved 4,24 60 254 8,16 Frankfort Total Proved 4,24 60 254 8,16 6,51 1 662 10 822 347,94 Beta Frankfort 4,11 259 1 063 34,16 Probable CDM 2,31 385 889 28,58 Theta Project (MR 83) 2,
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