Avidian Gold Corp. · TSXV:AVG
Avidian Gold — Investor Presentation (December 2017)
49 slides from Avidian Gold's investor presentation, December 2017
Slide 1: Golden Zone Property, Alaska
GOLDEN ZONE PROPERTY, Alaska December 2017
Slide 2: Cautionary Statement
Cautionary Statement This presentation (“Presentation”) contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Avidian Gold Corp. (“Avidian”). Forward-looking statements include estimates and statements that d
Slide 3: Property Highlights
Property Highlights § 100% interest, 59 sq km in area; located in the Tintina/Kuskokwim Mineral Belt of Alaska. § Late Cretaceous, Intrusion Related Gold System. Direct geological & mineralization Au analogs are the 39.3 Moz Donlin Creek Deposit and the 6.3 Moz Dublin Gulch property. § Three major m
Slide 4: Golden Zone Regional Setting
Golden Zone Regional Setting Alaska Golden Zone Distribution of Au deposits in the Tintina & Kuskokwim Mineral Belts 4
Slide 5: Project Logistics
Project Logistics § Approximately 320 km north of Anchorage, and 16 km west of the main transportation corridor between Anchorage and Fairbanks: • the George Parks Highway (Alaska Highway 3) • the Alaska Railroad • the 345-Kv Alaska Intertie § 14,560 acres, comprised of a 2,960 acre Uplands Mining L
Slide 6: Property Location
Property Location Excellent Infrastructure and easily accessible, 320 highway km north of Anchorage 6
Slide 7: Property History
Property History • 1907 to 1915 - initially discovered in 1907 - short underground workings driven on the Breccia Pipe Zone. • 1929 to 1942 – development of the Breccia Pipe Zone (Asarco, Golden Zone Mines Inc.) with minor production in 1941 and closed due to WW II and remained idle to 1971. • 1972
Slide 8: Tintina Gold Province Metallogenic Zoning
Tintina Gold Province Metallogenic Zoning Golden Zone Property Features § Mineralization is derived from a magmatic- Golden Zone hydrothermal process fully compatible with models Environment for a Intrusion Related Gold System. § Formed in a proximal environment & likely at a relatively shallow pale
Slide 9: Land Tenure Map & Au Distribution
Land Tenure Map & Au Distribution Land Tenure Surface Gold Samples 9
Slide 10: Property Geology & Prospects/Deposits
Property Geology & Prospects/Deposits Pirate’s Creek Riverside Banner Lupine Breccia Pipe Bunkhouse Mayflower BLT Silver Dikes GAS Copper King Long Creek S. Long Creek Geoff’s Anomaly 10
Slide 11: Historical Au & As Soil Samples
Historical Au & As Soil Samples Arsenic has a direct correlation with gold mineralization on the property. 11
Slide 12: Airborne Magnetic Map
Airborne Magnetic Map Prospects/Deposits sit within Major Structural Corridors or r do rid rri or Co eC k on ee nZ Cr ng lde Lo Go or rid or sC ike rD lve Si 12
Slide 13: Structural Corridors
Structural Corridors Golden Zone Corridor (> 4 km long) Ø Skarns, carbonate replacements, vein, shear zones & breccia pipe mineralization. Ø Typified by Au-Ag-As-Bi-Sb ± Zn, Cu, Pb Long Creek Corridor (> 2 km long) Ø Skarn, carbonate replacement, stockwork porphyries. Ø Typified by Ag-Cu-Au-Bi Silve
Slide 14: Mineral Occurrences & 2017 Work Program
Mineral Occurrences & 2017 Work Program Mineral Occurrences Spatially Related to Magnetic & Structural Features Airborne Magnetics With Occurrences Shown Riverside Riverside 2017 Work program Banner Ø Historical work compilation, Banner includes reviewing selected Lupine Lupine historical core drill
Slide 15: 2017 IP Survey Locations
2017 IP Survey Locations “er AVIDIAN 366000 368000 370000 ri L L 2017 IP Lines ie Riverside - e 3 3 3 | $ 5 2 Bunkhouse 3 3 3 | F call LS 3 Breccia Pipel = a West Breccia Pipe 7010000 7010000 Copper King/ Long Creek —_ South Long Creek 7008000 | te 7008000 , + r 15 366000 368000 370000
Slide 16: 2017 Soil Sample Locations
2017 Soil Sample Locations 16
Slide 17: 2017 Soil Au & As Results
2017 Soil Au & As Results 365000 366000 367000 368000 369000 370000 in si vals n f i g 3 s||N 18 S A és oe J = = 8 iG SS 4 i u zr (‘|= <0.5 Std Dev ® -0.5 - 0.5 Std Dev ‘§ 3| ,™ 0.5-1.5 Std Dev 3 2 |@ > 1.5 Sta Dev ¥ z ) \ 3 pe 3 R4 7 & E E Ba M 3 3 E 2 2 Vy 2 8 8 3 3 37 g RE & 3 8 34 3 s r 1 : t 1
Slide 18: 2017 Drill Hole Locations
2017 Drill Hole Locations == AVIDIAN 366000 366500 367000 367500 368000 368500 369000 369500 f f . f f ni ! GZ Drilling, August 26) aH . Aes 8 8 27 2 S S 6S S e e 3 8 $4 LS S S 6S e e 3 8 84 LS 2 2 & & e 2 3 s #4 te 5 2 e e 3 8 a4 LS $ 2 zg & 0 100200 400 600 800 1,000 $ P coc —— ee aes Meters || S
Slide 19: Golden Zone Corridor
Golden Zone Corridor 1 Breccia Pipe Deposit* 4 Au Ag Deposit Category Tonnes Grade Grade Type Ozs Ozs (g/t) (g/t) Porphyry 1,811,000 0.89 52,200 3.2 186,300 3 Silica Breccia 369,000 0.93 11,100 8.64 102,500 Indicated Sulphide 2,007,000 3.17 204,300 17.19 1,109,000 TOTAL 4,187,000 1.99 267,400 10.38
Slide 20: Golden Zone Corridor – Breccia Pipe Area: Ability to Expand Resource
Golden Zone Corridor – Breccia Pipe Area Ability to Expand Resource Ø Host Porphyry mineralization – • not fully drilled out Mayflower Area Ø BLT Shear Zone mineralization – • open internally and along strike: can be traced to the southwest > 1 km Ø Mayflower Trend: • 6.10 m @ 8.31 g/t Au, 54.2 g/t
Slide 21: Golden Zone – 2017 DDH: Breccia Pipe
Golden Zone – 2017 DDH: Breccia Pipe DDH GZ17 – 01, 02 & 09: 10.5 m @ 1.54 g/t Au GZ17-05 Ø Test edges of the Breccia Pipe Ø Test the monzodiorite/porphyry host for 64 m @ 0.65 g/t Au additional mineralization, plus BLT Zone at Includes: 15 m @ 0.91 g/t Au & depth 5 m @ 2.01 g/t Au 1.5 m @ 1.34 g/t
Slide 22: Golden Zone – 2017 DDH: Breccia Pipe Section
Golden Zone – 2017 DDH: Breccia Pipe Section Hole GZ 17 – 02 at 137 m, py, asp bx zone 2.0 m @ 10.5 g/t Au 6.0 m @ 2.54 g/t Au 70.6 m @ 2.03 g/t Au 1.5 m @ 2.5 g/t Au 67 m @ 4.93 g/t Au Sulphide (py & aspy) veins Includes: 46.4 m @ 6.57 g/t Au 1.2 m @ 3.05 g/t Au ? 2.1 m @ 3..64 g/t Au ? Aspy rimmed
Slide 23: Golden Zone – 2017 DDH: Breccia Pipe Section
Golden Zone – 2017 DDH: Breccia Pipe Section BX Pipe at 182 m 2.0 m @ 10.75 g/t Au 28 m @ 2.19 g/t Au galena ? cpy 50 m @ 0.73 g/t Au Open aspy sphalerite py 10.4 m @ 1.12 g/t Au At 345 m – 1.6 m @ 7.76 g/t Au ? 1.6 m @ 7.76 g/t Au Bx Zone Note: Drill Intersections are core length. 23
Slide 24: Golden Zone Breccia Pipe Area – Mayflower Trend
Golden Zone Breccia Pipe Area – Mayflower Trend 2.1 m @ 2.4 g/t Au Ø Sparsely tested 21.6 m @ 1.46 g/t Au Ø Better understanding of mineralization in 2017, +300 m and open Ø Hole GZ17-10 drilled to 4.57 m @ 1.85 g/t Au test possible extension of 3.8 m @ 2.03 g/t Au the Mayflower trend to 5.5 m @ 3.1
Slide 25: Golden Zone - West Breccia Discovery
Golden Zone - West Breccia Discovery West Breccia Area 14.64 g/t Au, 355 g/t Ag Note: Holes GZ17-04 & 08 not shown for clarity purposes only – No Significant Results 25
Slide 26: Golden Zone: Riverside - Banner
Golden Zone: Riverside - Banner Ø Riverside surface showings have notable high grade gold mineralization over narrow widths Riverside Ø Mineralization associated with a quartz feldspar porphyry that can be traced over +1 km to the southwest towards the Banner Zone New Target Area Anomalous Au & As i
Slide 27: Long Creek Corridor - Aeromagnetic Map
Long Creek Corridor - Aeromagnetic Map TMI Aeromagnetic Map > 2 km long system with significant Au, Ag & base metal mineralization in skarns, hornfels and related intrusive stockwork mineralization Copper King Long Creek S Long Creek Copper King Looking Southeast Long Creek Mineral occurrences appea
Slide 28: Long Creek Corridor – Copper King Prospect
Long Creek Corridor – Copper King Prospect High Grade Au-Ag (base metal) mineralization: spatial proximity with Stockworked Porphyry Ø High grade Au + Cu mineralization in sediments Ø Disseminated molybdenite found in the quartz eye granite with chalcopyrite stringers – possibly related to a Cu-Au-A
Slide 29: Long Creek Corridor – Long Creek Prospect
Long Creek Corridor – Long Creek Prospect Potential for Polymetallic Mineralization Ø Similar to the neighbouring Copper King Prospect (~1 km to the north) Ø Only evaluated along a river cut as no outcrop in the area or between Copper King and Long Creek prospects Ø Associated with an IP chargeabili
Slide 30: Long Creek Corridor – Copper King & Long Creek Prospects
Long Creek Corridor – Copper King & Long Creek Prospects Mineralization associated with an IP Chargeability high IP Chargeability Copper King Long Creek Prospect Prospect 30
Slide 31: Long Creek Corridor – S Long Creek Prospect
Long Creek Corridor – S Long Creek Prospect Similar to Copper King and Long Creek Prospects Ø Prospect lies ~2 km south of the Copper King Prospect Ø Associated with a magnetic low feature Ø Very limited work done on the prospect Ø Notable results include: – Trench sample 96-10: 3.04 m @ 2.74 g/t Au
Slide 32: Golden Zone – Next Steps
Golden Zone – Next Steps Surface Gold Samples Ø Follow up on the drill results in and around the Breccia Pipe Deposit, particularly hole GZ17 -10 and the northeasterly extent of the Mayflower Trend Ø Evaluate the > 1 km mineralized trend of the BLT Zone southwest towards the GAS mineralization Ø Eva
Slide 33: Summary
Summary § Main occurrences/mineralization lie within a Mining Lease (32 year term remaining) with balance of property on State of Alaska land. § High-grade Au-As veins and Cu-Au veins proximal to and/or above possible intrusion-hosted sheeted vein deposits, such as Fort Knox (+8 Moz). § Geological a
Slide 34: Appendix – Property Information
Appendix – Property Information § 58.9 sq km (14,560 acres) comprised of 2,960 acre Uplands Mining Lease, 11,600 acres of State of Alaska Claims and a non-contiguous 40 acre Mill Site Lease. § Avidian owns 29.4% interest with a purchase agreement to acquire the balance interest of 70.6% for US $875,
Slide 35: The Alaskan Advantage & Initiatives
The Alaskan Advantage & Initiatives § The Golden Zone project is entirely on land patented to the State of Alaska that was selected by the state specifically for mineral development. § The core of the property that hosts the known mineral occurrences as well as the Golden Zone Breccia Pipe Deposit s
Slide 36: Breccia Pipe Deposit - Mineralization
Breccia Pipe Deposit - Mineralization Hole GZBX11-003 (at 147 m) aspy clot Patchy py-cpy in fractures with aspy Breccia formed by invasion of silica- ringed by py-cpy: interval grades 5.94 disseminated and in clumps: interval grades ankerite veins. g/t Au, 19.7 g/t Ag, 0.18% Cu 7.48 g/t Au, 34.5 g/t
Slide 37: Breccia Pipe Deposit – 2016 Resource Estimate
Breccia Pipe Deposit – 2016 Resource Estimate Resource Estimate (at 0.5 g/t Au Cut-off) Deposit Density Au Ag Category Tonnes Type (t/m3) Grade (g/t) Ozs Grade (g/t) Ozs Porphyry 2.73 1,811,000 0.89 52,200 3.20 186,300 Silica Breccia 2.80 369,000 0.93 11,100 8.64 102,500 Indicated Sulphide 3.22 2,00
Slide 38: Breccia Pipe Deposit, Plan View of Resource Model
Breccia Pipe Deposit, Plan View of Resource Model $1350/oz Au Strip ratio 3.6:1 38
Slide 39: Breccia Pipe Deposit - Long Section, Domains & Au Grades
Breccia Pipe Deposit - Long Section, Domains & Au Grades $1350/oz Au Long Section 5,000 N 39
Slide 40: Breccia Pipe Deposit – X-Sections, Domains & Au Grades
Breccia Pipe Deposit – X- Sections, Domains & Au Grades X-Section 4,750 E X-Section 4,950 E 40
Slide 41: Breccia Pipe Deposit, Sections with Resource Categories
Breccia Pipe Deposit, Sections with Resource Categories Long Section 5,000 N X-Section 4,750 E 41
Slide 42: Breccia Pipe Deposit, NW Orthogonal View
Breccia Pipe Deposit, NW Orthogonal View Legend Legend Trench Traces Trench Traces Drill Hole Traces Drill Hole Traces Track Track Porphyry Porphyry Sulphide Breccia Sulphide Breccia 0 50 100m Silic Breccia 0 50 100m Silic Breccia UTM NAD 27 Zone 6N Shear Zone UTM NAD 27 Zone 6N Shear Zone Author: L
Slide 43: Breccia Pipe Deposit, Resource Blocks > 1.0 g/t Au
Breccia Pipe Deposit, Resource Blocks > 1.0 g/t Au Orthogonal View Looking NW Legend Trench Traces Drill Hole Traces Track Gold Grades -g/t Au < 0.5 IDC 1: 1.5 m @ 15.43 g/t Au, 250 g/t Ag 0.5 to 1.0 2.65% Pb, 4.65% Zn, 0.25% Cu. Notes: 1.0 to 2.0 August 2016 porphyry and breccia 2.0 to 3.0 “Signifi
Slide 44: Breccia Pipe Deposit - Sections with Au Grades, Potential
Breccia Pipe Deposit - Sections with Au Grades, Potential Long Section 5,000 N X-Section 4,750 E 1.5 m @ 15.43 g/t Au, 250 g/t Ag 2.65% Pb, 4.65% Zn, 0.25% Cu Not Fully Evaluated Not Fully Evaluated 0.7 m @ 17.49 g/t Au & 37.7 g/t Ag $1350/oz Au Sections Showing All Au grades & Wireframe Silhouette
Slide 45: Golden Zone Property– Rock Pictures
Golden Zone Property– Rock Pictures Siltstone Sandstone Coarse Sandstone 45
Slide 46: Golden Zone Property– Rock Pictures
Golden Zone Property– Rock Pictures Mineralized Conglomerate 46
Slide 47: Golden Zone Property– Rock Pictures
Golden Zone Property– Rock Pictures Red Bed Sandstone Red Bed Conglomerate 47
Slide 48: Golden Zone Property– Rock Pictures
Golden Zone Property– Rock Pictures Coarse Quartz Feldspar Porphyritic Intrusion Quartz Feldspar Porphyritic Intrusion 48
Slide 49: Golden Zone Property– Rock Pictures
Golden Zone Property– Rock Pictures Amygdaloidal, very fine-grained Dike Hornblende Biotite Feldspar Porphyritic Intrusion 49