Volcanic Gold Mines Inc. · TSXV:VG
Volcanic Gold Mines — Investor Presentation (March 2017)
19 slides from Volcanic Gold Mines's investor presentation, March 2017
Slide 1: Volcanic Gold Mines Inc. March 2017
W VOLCANIC GOLD MINES INC. March 2017
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles or permits, potential mineral recovery processes, and other r
Slide 3: Focus, Goal, Exit and Team
FOCUS: Consolidating an under-explored gold district in West Africa. GOAL: Building a 3-5 million oz resource base. EXIT: Acquisition by a major. TEAM: Experienced in developing exploration companies into producers/acquisition targets.
Slide 4: Team
Team: Founder - Simon Ridgway: Simon Ridgway is a co-founder of Fortuna Silver Mines Inc., a prospector, a mining financier and a Casey Research Explorer's League inductee. Mr. Ridgway and the exploration teams under his guidance have discovered gold deposits in Honduras, Guatemala and Nicaragua. Hi
Slide 5: Guinea: The Golden Guinean Opportunity - Mandiana District
GUINEA: The Golden Guinean Opportunity - Mandiana District: The Mandiana Prefecture near the Mali border.
Slide 6: A Foundation Resource
A Foundation Resource: • Inferred Resource of 16.1 Mt @ 1.18 g/t for 612,000 oz Au (SRK, 20161). Exploration data suggest that mineralization is potentially open to north, east, south and at depth • Sensitivity analysis2 by SRK suggests an increase in deposit grade with cut- off, for example 5.7 Mt
Slide 7: Favorable Location: Geology
Favorable Location: Geology Extensive under-explored Birimian rocks… …which give rise to large gold deposits in neighboring Mali.
Slide 8: The Mandiana Project
The Mandiana Siguiri Project (AngloGold Ashanti) Yanfolila 3.37m oz Au M+I (Hummingbird 2.14m oz Au Resources) Inferred1 757k Oz. Au Indicated 706k Oz. Au Inferred2 Kalana Kouroussa (Avnel) (Cassidy Gold) 3.06m oz 705k Oz. Au Indicated Au M+I, 261k Oz. Au Inferred3 0.24m oz Au Inferred5 Tri-K (Avoce
Slide 9: Inferred Resource outline; potential projections
Mandiana North Inferred Resource outline1; potential projections • Surface geochemical characteristics, the distribution of artisanal workings, and drilling data suggest that mineralization at Yagbelen is open to north, east, south and at depth. • RC and diamond drilling will be used to test for ext
Slide 10: Three largely under-explored mineralized trends
Three largely under-explored mineralized trends: Mandiana North 510,000 oz Au @1.2 g/t Au at Yagbelen Domain1 Sensitivity analysis2 Camp Location suggests a strong increase in deposit grade with cut-off Mandiana South Artisanal working suggest that these trends have potential to extend further south
Slide 11: The Mandiana Project: The Yagbelen Deposit
The Mandiana Project RCY114 - 28m @ 6.44 g/t Au from 168m with a top cut of 30 g/t Au RCY07 - 28m @ 1.66 RCY88 - 18m @ 1.93 g/t Au from 103m g/t Au from 144m RCY37 - 40m @ 4.49 g/t Au from 150m RCY89 - 12m @ 2.89 g/t Au from 73m, and 19m @ 2.58 g/t Au from 104m The Yagbelen Deposit (Note: thicknesse
Slide 12: Example of depth potential at Yagbelen
Example of depth potential at Yagbelen, Line Y11250 N
Slide 13: The Mandiana Project
Inferred Resource of 16.1 Mt @ 1.18 g/t for 612,000 oz Au1 open to north, east, south and at The Mandiana Project depth. Sensitivity analysis2 by SRK suggests an increase in deposit grade with cut-off, for example 5.7 Mt @ 2.27 g/t for 417,000 oz Au at a higher cut-off grade of 1.0 g/t Au Wojondian
Slide 14: Straight-forward drilling in flat terrain.
Straight-forward drilling in flat terrain.
Slide 15: Extensive surface workings containing coarse gold serve as an excellent targeting tool
Extensive surface workings containing coarse gold serve as an excellent targeting tool.
Slide 16: Valuation Comparables
Valuation Comparables: Exchange of Market Company Property Location Resources Listing Cap* Indicated Resource of 250,100 oz Au @ 1.1 g/t Au; Inferred Resource of 3.8 Moz Au @ 1.2 g/t Cardinal Resources 1 Namdini Ghana Au .Only ~13,000 Diamond metres and ASX $ 191.19 Ltd. ~12,000 RC metres drilled to
Slide 17: Immediate Term Project and Financing Activities
Immediate Term Project and Financing Activities: • 1500m diamond drilling program in area of existing Inferred Resource to provide confirmation, as well as additional geological information as a basis for subsequent resource expansion drilling. • 500m RC drilling program in Mandiana South to confirm
Slide 18: Capital Structure Post Financing
Capital Structure Post Financing: Existing shares on issue 33,304,038 New issue shares as PP units 12,500,000 New issue warrants of PP units ($0.80) 12,500,000 Old Warrants ($0.25) 5,761,034 Total shares on issue - undiluted 45,804,038 Current share price $0.60 Existing treasury ~$1,200,000 Cash fro
Slide 19: Contact
Contact: Jeremy Crozier, MBA, MSc, Alexander Langer President & Director Capital Markets Volcanic Gold Mines Inc. Volcanic Gold Mines Inc. jcrozier@goldgroup.com alanger@ptolemycapital.co.uk +1 604-505-0646 +1 604-765-1604 Suite 650-200 Burrard St. Vancouver BC V6C 3L6 (604) 801-5432
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