Xtra-gold Resources Corp. · TSX:XTG
Xtra-gold Resources — Investor Presentation (2017)
21 slides from Xtra-gold Resources's investor presentation, 2017
Slide 1: Corporate Presentation Q3 2017
CORPORATE PRESENTATION Q3 2017 Pioneering the Discovery of a New Gold Belt in Ghana, West Africa
Slide 2: Cautionary Statement: Forward-Looking Information / Technical Disclosure
CAUTIONARY STATEMENT: FORWARD-LOOKING INFORMATION / TECHNICAL DISCOSURE Statements contained in this Presentation that are not based on historical fact are “forward-looking statements”. Recipients are not to construe the contents of this Presentation as legal or tax advice. Each Recipient should For
Slide 3: Presentation Summary
PRESENTATION SUMMARY • Corporate Overview • Ghana Overview • Exploration Overview • Strategy 3
Slide 4: Corporate Overview: Highlights
CORPORATE OVERVIEW Highlights Xtra-Gold Resources Corp. (“Xtra-Gold” or the “Company”) is a gold exploration company focused on defining a potentially significant mineral resource on its Kibi Gold Discovery in Ghana, West Africa The Company’s main concessions are comprised of 5 mining leases (22
Slide 5: Corporate Overview: Corporate Structure
CORPORATE OVERVIEW Corporate Structure 5
Slide 6: Corporate Overview: Management
CORPORATE OVERVIEW Management James Longshore • 23 years’ experience with resource-based companies President, CEO • Co-Founder of Xtra-Gold • Managing Director of Ghana operations since 2009 Yves P. Clement • 30 years’ international experience in generation, evaluation and development of exploration
Slide 7: Corporate Overview: Assets
CORPORATE OVERVIEW Assets 1. Maiden Mineral Resource Estimate (Base Case): 278,000 ounces of gold at average grade of 2.56 g/t in Indicated category, and additional 147,000 ounces of gold at average grade of 1.94 g/t in Inferred category 2. 5 Mining Leases totaling 55,905 acres in a significant gold
Slide 8: Corporate Overview: Assets - Alluvial Gold Sales
CORPORATE OVERVIEW Assets Xtra-Gold Resources’ President / CEO James Longshore with “Alluvial Gold Sales” 8
Slide 9: Ghana Overview: About Ghana
GHANA OVERVIEW About Ghana Independent West African country, located on the Gulf of Guinea just north of the equator (formerly known as “The Gold Coast”) Population +25 million GDP $33 billion (2015 estimate) Democratic government • legal system based on British Common Law • more than 50 yea
Slide 10: Ghana Overview: Location & Infrastructure
GHANA OVERVIEW Location & Infrastructure Xtra-Gold’s mining camp is the closest to the capital city of Accra, as depicted on the map Easy direct air services to Accra from the following international cities: Dubai, London, New York, Amsterdam and Brussels Distance is 120 km from Accra, with ne
Slide 11: Ghana Overview: Gold in Ghana
GHANA OVERVIEW Gold in Ghana Four main gold belts of Southern Ghana depicted on map, with all discovered gold deposits highlighted Gold discovered: +150 million ounces Annual production: more than 3 million ounces; second highest producer in Africa Four of the top five gold producers in the
Slide 12: Discovering Ghana's Next Gold Camp
EXPLORATION OVERVIEW Discovering Ghana’s Next Gold Camp Strategic Land Package In Emerging Gold Belt Dominant, wholly-owned, land position in highly prospective and under explored Kibi-Winneba greenstone belt (“Kibi Gold Belt”) Kibi Gold Belt geologically analogous to other prolific Birimian gre
Slide 13: Kibi Gold Belt – Untapped Potential
EXPLORATION OVERVIEW Kibi Gold Belt – Untapped Potential Pioneering Discovery Of New Gold Belt Prior to Xtra-Gold, very limited systematic/modern exploration activity targeting lode gold deposits conducted on Kibi Greenstone Belt (“Kibi Gold Belt); with virtually all past mining/exploration effort
Slide 14: Kibi Gold Project: Maiden Mineral Resource Estimate
EXPLORATION OVERVIEW Kibi Gold Project Maiden Mineral Resource Estimate Zone 2 – Zone 3 Base Case Resource Estimate* (effective October 26, 2012) Maiden mineral resource represents first ever NI 43-101 compliant resource generated on a lode gold project within the Kibi Gold Belt Base case resour
Slide 15: Kibi Gold Project: Mineral Resource Expansion Potential
EXPLORATION OVERVIEW Kibi Gold Project Mineral Resource Expansion Potential (Zone 2 – Zone 3) Maiden resource estimate provides significant starting position, with all 5 mineralized bodies remaining open in several directions; with good potential to expand respective resources by follow up drillin
Slide 16: Cobra Creek Gold Corridor: First Pass Drill Results
EXPLORATION OVERVIEW Cobra Creek Gold Corridor Highly Encouraging First Pass Drill Results 2,639 m Phase I diamond core drill program (43 boreholes) completed Q3 2016 on Cobra Creek Gold Corridor prospect; an approximately 550 m wide, NE-trending, quartz-feldspar porphyry (“QFP”) hosted, multi-str
Slide 17: Significant Drill Intercepts – Cobra Creek Gold Corridor
EXPLORATION OVERVIEW Resources Corp. Cobra Creek Gold Corridor Significant Drill Intercepts – Cobra Creek Gold Corridor (Phase I Diamond Core Drill Program / June – August 2016) Core Core Hole ID From To Length Gold Grams Shear ID I Target Hole ID From To Length Gold Grams Shear ID I Target (metres)
Slide 18: Kibi Gold Project: Expanding Gold Mineralization Footprint
EXPLORATION OVERVIEW Kibi Gold Project Expanding Gold Mineralization Footprint Maiden Mineral Resource reflects work on Zone 2 & Zone 3 gold-in-soil anomalies, first 2 targets focused on since commencement of field work on project ; with excellent potential to discover new deposits across the Kibi
Slide 19: Cobra Creek Gold Corridor
EXPLORATION OVERVIEW Cobra Creek Gold Corridor Outcrop stripping on Main Shear; High Grade Shoot at top of ridge (Facing North) Diamond Core Drilling on High Grade Shoot – Borehole #CCDD16013 (Facing SW) Saw-cut channel sampling / sample string surveying (L17675N Shear) Mechanized trenching on High
Slide 20: Strategy to Maximize Shareholder Value
STRATEGY TO MAXIMIZE SHAREHOLDER VALUE Increase the Maiden Mineral Resource of the Kibi Gold Discovery Immediate goal is to define 1 million ounces of gold Continue contract alluvial (placer) gold mining to create cash flow to limit shareholder dilution Continue grassroots exploration work to potent
Slide 21: Contact Us
CONTACT US Suite #2150 Village Road Shopping Plaza P.O Box AP 59217 Nassau, Bahamas TEL: (416) 628-2881 James Longshore, President/CEO WEB SITE: www.xtragold.com AUDITOR: RBSM Accountants & Advisors LLP 805 Third Avenue, Suite 1430 New York, New York 10022 CANADIAN COUNSEL: Norton Rose Canada LLP Ro