Galiano Gold, Inc. · TSX:GAU
Galiano Gold — Precious Metals Summit Beaver Creek 2020
18 slides from Galiano Gold's conference presentation, Sep 16, 2020
Slide 1: Creating a Sustainable Business
CREATING A SUSTAINABLE BUSINESS Precious Metals Summit Beaver Creek September 15-17, 2020 TSX, NYSE AMERICAN: GAU 1
Slide 2: Forward Looking Information
FORWARD LOOKING INFORMATION Cautionary Note Regarding Forward-Looking Statements Certain statements and information contained in this presentation constitute “forward-looking statements” within the meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of app
Slide 3: Galiano at a Glance
GALIANO AT A GLANCE Key Information Basic shares outstanding(1) 223.2m Corporate cash & receivables(2) $68.0m Asumura Project Market capitalization (basic)(3) $361.5m Early Stage Exploration Sefwi Gold Belt Share price(3) $1.62 Asanko Gold Mine (AGM) Top Shareholders(4) Joint Venture Operations Asan
Slide 4: On Track for 2020 Guidance at the Asanko Gold Mine
ON TRACK FOR 2020 GUIDANCE AT THE ASANKO GOLD MINE(1) • Gold production guidance: 225,000 – 245,000 oz AGM JV (100%) – Mill Throughput and Grade kt g/t • Q2A = 69,026oz; YTD(2) = 135,359oz 1,800 1.6 1.5 1.6 1.6 1.5 1.4 1,600 • Cut 2 at Nkran depleted in May 2020, H2 2020: Esaase, 1,400 1,638 1.4 1,4
Slide 5: Focus on Free Cashflow Generation
FOCUS ON FREE CASHFLOW GENERATION ASANKO GOLD MINE (AGM JV) (100%) AGM JV (100%) – Cash Flow from Operations and Free Cash Flow(1) US$ ‘000s 54,000 • Low capital mine development plan 48,829 • February 2020 updated life of mine plan 42,000 45,570 45,440 Strong • Free cash flow focus started in mid-2
Slide 6: Re-invigorated Exploration Program with $10M Budget in 2020
RE-INVIGORATED EXPLORATION PROGRAM WITH $10M BUDGET IN 2020 Exploration Objectives 1) Near-term – to replace depletion from mining activity in 2020 and 2021 2) Medium-term – to improve the business plan for 2023 to 2026 by delineating Mineral Reserves by the end of 2022 that have superior economics
Slide 7: Responsible Business Conduct
RESPONSIBLE BUSINESS CONDUCT ENVIRONMENT SOCIAL GOVERNANCE Limiting environmental impact Engaging with local communities Maintaining sound corporate and remediating any disturbances: to create self-sustaining legacies: governance and ethical business: • Maximizing energy efficiency • Improving healt
Slide 8: Unique and Highly Attractive Investment Proposition
UNIQUE AND HIGHLY ATTRACTIVE INVESTMENT PROPOSITION Underpinned by a cost reduction initiative and flexible capital structure Refreshed Board and Management Building upon a strong Sustaining Delivering responsible corporate brand production gold production in West Africa Building on a strong ESG fou
Slide 9: Appendices
APPENDICES 99
Slide 10: Appendix A - Footnotes
APPENDIX A - FOOTNOTES Note 1: Guidance projections used in this document (“Guidance”) are considered “forward-looking statements” and represent management’s good faith estimates or expectations of future production results as of the date hereof. Guidance is based upon certain assumptions, including
Slide 11: Appendix A - Footnotes Cont'd
APPENDIX A – FOOTNOTES CONT’D Three months ended(1) (in thousands of US dollars except per ounce amounts) Jun. 30, 2020 Mar. 31, 2020 Dec. 31, 2019 Sept. 30, 2019 Jun. 30, 2019 Mar. 31, 2019 Total cash costs 49,536 45,859 57,044 54,920 48,042 50,386 General & Administrative expenses – JV(1) 1,744 1,
Slide 12: Appendix A - Footnotes Cont'd
APPENDIX A – FOOTNOTES CONT’D Note 4: Free cash flow is a non-GAAP performance measure which the Company believes, in addition to conventional measures prepared in accordance with GAAP, the Company and certain investors use to evaluate the Company's ability to generate cashflows. Accordingly, it is
Slide 13: Appendix B - Operational Performance
APPENDIX B – OPERATIONAL PERFORMANCE AGM Key Mining Q2 Q1 Q4 Q3 Q2 Q1 Units Statistics (100%) 2020 2020 2019 2019 2019 2019 Ore tonnes mined ‘000 1,361 1,911 1,405 1,105 1,056 1,505 Waste tonnes mined ‘000 8,128 7,051 4,956 6,372 7,808 6,584 Total tonnes mined ‘000 9,489 8,962 6,361 7,477 8,864 8,08
Slide 14: Appendix C - Cautionary Note
APPENDIX C - CAUTIONARY NOTE Cautionary Note to United States Investors Regarding Mineral Reporting Standards: As a British Columbia corporation and a "reporting issuer" under Canadian securities laws, the Company is required to provide disclosure regarding its mineral properties, including the AGM,
Slide 15: Appendix C - Mineral Resource & Mineral Reserve Estimate
APPENDIX C – MINERAL RESOURCE & MINERAL RESERVE ESTIMATE Mineral Resource Estimate as at December 31, 2019 Measured Indicated Measured & Indicated Total Inferred Deposit Tonnes Au Grade Au Tonnes Au Grade Au Tonnes Au Grade Au Tonnes Au Grade Au (Mt) (g/t) Content (Mt) (g/t) Content (Mt) (g/t) Conte
Slide 16: Appendix C Cont'd - Mineral Resource & Mineral Reserve Estimate
APPENDIX C CONT’D – MINERAL RESOURCE & MINERAL RESERVE ESTIMATE Mineral Reserve Estimate as at December 31, 2019 Proven Probable Proven & Probable Total Deposit Tonnes Au Grade Au Tonnes Au Grade Au Tonnes Au Grade Au (Mt) (g/t) Content (Mt) (g/t) Content (Mt) (g/t) Content (koz) (koz) (koz) Nkran 1
Slide 17: Appendix D - Board of Directors & Management
APPENDIX D - BOARD OF DIRECTORS & MANAGEMENT DIRECTORS MANAGEMENT • Paul Wright, Chair • Greg McCunn, CEO & Director • 25+ years experience in the mining industry. • 40+ years experience of international experience in the development of open and underground mines • Professional engineer with signifi
Slide 18: Contact Us
CONTACT US Lynette Gould SVP, Investor Relations N. American Toll-Free: 1-855-246-7341 Email: info@galianogold.com 18 18
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