Trx Gold Corporation · AMEX:TRX
Trx Gold — Tanzanian Royalty Exploration — IPO Roadshow (September 2018)
31 slides from Trx Gold's IPO roadshow presentation, Sep 10, 2018
Slide 1: Successful Explorer To Emergent Miner Presentation – August 2018
TSX: TNX NYSE AMERICAN: TRX Successful Explorer To Emergent Miner Presentation – August 2018 Filed pursuant to Rule 433 Issuer Free Writing Prospectus dated September 7, 2018 Registration Statement No.: 333 - 226949 TSX: TNX NYSE AMERICAN: TRX Successful Explorer To Emergent Miner Presentation – Aug
Slide 2: Cautionary Notes
Cautionary Notes Introductory Cautionary Notes Tanzanian Royalty Exploration Corporation “Tanzanian Royalty”, has taken all reasonable care in producing and publishing info rma tion contained in this presentation. Tanzanian Royalty does not warrant or make any representations regarding the use, vali
Slide 3: Stock Information and Share Structure
Stock Information and Share Structure Listed on the Toronto and NYSE American Stock Exchanges TSX: TNX NYSE American: TRX Shares Outstanding – 122,822,375* Fully Diluted – 134,817,276* * As of May 31, 2018 TSX: TNX NYSE AMERICAN: TRX 3 0 50 100 150 200 250 1/1/14 2/1/14 3/1/14 4/1/14 5/1/14 6/1/14 7
Slide 4: Corporate Management
Corporate Management Jim Sinclair – Executive Chairman • Jim Sinclair has been engaged in gold mining in Tanzania from the late 1980’s when he was the Chairman of Sutton Resources, t he junior mining company which developed the prolific Bulyanhulu Mine in the Lake Victoria Greenstone Belt. With such
Slide 5: Corporate Management Continued
Corporate Management Continued Ulrich Rath - Director Mr. Rath has a wide range of experience in the mining industry, and has specific experience in North America, South America i ncl uding Argentina, Chile and Peru and in South Africa. Mr. Rath was until recently the President and CEO and Director
Slide 6: Corporate Management Continued
Corporate Management Continued Giancarlo Volo – Director of Operations Africa Mr. Volo has over 35 years of entrepreneurial, managerial and operational experience in Africa. His business experience is va rie d and extensive ranging from communications, mine security, transport, aviation to construct
Slide 7: Compelling Value
Compelling Value With over 20 years of in country experience Tanzanian Royalty has distinguished itself through its successful exploration and development projects. The Company has trimmed its portfolio to four projects; Buckreef, Kigosi, Itetemia and Luhala. Management has further chosen to focus o
Slide 8: Tanzania Craton: Lake Victoria Greenstone Belt
Tanzania Craton: Lake Victoria Greenstone Belt TSX: TNX NYSE AMERICAN: TRX 8 Sukumaland Greenstone Belt • Tanzanian Craton consists of series of volcano - sedimentary greenstone sequences. • Deposited 2.8 - 2.5 Ga and affected by multiple phases of deformation and granitoid emplacement. • The Lake V
Slide 9: Gold deposits and Greenstone Belts: General
Gold deposits and Greenstone Belts: General TSX: TNX NYSE AMERICAN: TRX 9 • Greenstone belts have been interpreted as having formed at ancient oceanic spreading centers and island arc terranes. Greenstone belts are zones of variably metamorphosed mafic to ultramafic volcanic sequences with associate
Slide 10: Major Gold Producers in Tanzania: Regional Location
Major Gold Producers in Tanzania: Regional Location TSX: TNX NYSE AMERICAN: TRX 10 • Geita - AngloGold Ashanti: In 2016, AngloGold Ashanti’s gold production from Geita stood at 530,000 oz. with AISC of $844. The inclusive mineral resource was 7.3 million oz. • Bulyanhulu - Barrick/Acacia: Total rese
Slide 11: Tanzanian Royalty Exploration Footprint
Tanzanian Royalty Exploration Footprint TSX: TNX NYSE AMERICAN: TRX 11 The Companies (4) projects: • Buckreef Gold Mine : (Buckreef Main, Buckreef South, Eastern Porphyry, Tembo, Bingwa & Buziba - : Pre - Development/Pre - Production stage / ML: 2.505Moz) • Kigosi Gold Prospect : (Kigosi Main Reef,
Slide 12: Company Projects – Resources
Company Projects – Resources • BUCKREEF: Has global total mineral resource of 33.93Mt @ 1.51g/t Au (1.648MOz) • BUZIBA: - Has global total mineral resource of 29.434Mt @ 1.05g/t Au (0.994MOz) • KIGOSI: - Has global total mineral resource of 21.79Mt @ 0.84 g/t Au (0.586MOz). • ITETEMIA: Has a global
Slide 13: Project Overview
Buckreef: Project Overview • Established Tanzanian Explorer and emerging commercial producer as recognized by the Government of Tanzania, Transitioning into to a Miner • Buckreef/Buziba Project is underpinned by large all inclusive, high grade resource of over 4Moz. • Buckreef Project is a 55/45% jo
Slide 14: Buckreef Project: Mineral Resources by Prospect
TSX: TNX NYSE AMERICAN: TRX 14 Buckreef Project: Mineral Resources by Prospect • BUCKREEF: Has global total mineral resource of 29.52Mt @ 1.48g/t Au (1.408M Oz ) • EASTERN PORPHYRY: Has global total mineral resource of 2.34Mt @ 1.29g/t Au (97,086 Oz) • TEMBO: Has global total mineral resource of 0.4
Slide 15: Buckreef Project: Mineral Reserves by Prospect
TSX: TNX NYSE AMERICAN: TRX 15 Buckreef Project: Mineral Reserves by Prospect • BUCKREEF: Has mineral reserve of 16.35Mt @ 1.52g/t Au (797,652 Oz) • EASTERN PORPHYRY: Has mineral reserve of 1.06Mt @ 1.04g/t Au (35,224 Oz) • TEMBO: Has mineral reserve of 70,183t @ 2.35g/t Au (5,312 Oz) • BINGWA: Has
Slide 16: Buckreef Project: Prospect Locations
TSX: TNX NYSE AMERICAN: TRX 16 Buckreef Project: Prospect Locations
Slide 17: Economics
Buckreef: Economics TSX: TNX NYSE AMERICAN: TRX 17 • Capital Costs – 76.5 Million USD including 15% contingency • Water & Power Infrastructure is already to site, cash costs figured using alternative power source, Power grid can be upgraded to yield significant savings. • Sustaining Capital costs 22
Slide 18: After Tax NPV Sensitivity & Matrix
Buckreef: After Tax NPV Sensitivity & Matrix TSX: TNX NYSE AMERICAN: TRX 18 250 200 150 100 50 - -20% BUCKREEF GOLD PROJECT Sensitivity Analysis on After Tax NPV @ 5% pa -10% 0% 10% Gold Price Operating Costs Capital Costs 20% After - Tax Gold Price NPV($M) IRR (%) 1,100 65 39% 1,150 81 47% 1,200 97
Slide 19: Main & North Pit
Buckreef: Main & North Pit TSX: TNX NYSE AMERICAN: TRX 19 » Completed detailed pit designs Buckreef Super - pit targeting proved oxide/transition/sulphide ore reserves of 16.35Mt @1.52g/t (0.798Mozs) . » Main Buckreef super pit covers strike length of 1,200m » Completed detailed pit designs over a 1
Slide 20: Projected Mining Schedule
Buckreef: Projected Mining Schedule TSX: TNX NYSE AMERICAN: TRX 20 Description Units YEARS 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Total Total Tonnes of Oxide Ore kt 274 256 80 110 39 31 159 65 321 118 16 1 41 - - - 1510 AUMI of Oxide Ore g/t 2.04 1.53 1.13 0.89 0.7 1.22 1.02 2.08 1.98 3.92 0.74 0.79
Slide 21: CIL Process Plant Flow Sheet
Buckreef: CIL Process Plant Flow Sheet TSX: TNX NYSE AMERICAN: TRX 21
Slide 22: Utilization of Existing Structure
Buckreef: Utilization of Existing Structure TSX: TNX NYSE AMERICAN: TRX 22
Slide 23: CIL Process Plant Model
Buckreef: CIL Process Plant Model TSX: TNX NYSE AMERICAN: TRX 23
Slide 24: Planned Drilling to Upgrade Resources
Buckreef: Planned Drilling to Upgrade Resources TSX: TNX NYSE AMERICAN: TRX 24 Perspective of planned holes facing NE *Information obtained from Amended National Instrument 43 - 101 Independent Technical Report Mineral Reserves Estimate and Pre - Fea sibility Study on the Buckreef Gold Mine Project,
Slide 25: Main Zone Underground Deep Intercepts
Buckreef: Main Zone Underground Deep Intercepts TSX: TNX NYSE AMERICAN: TRX 25 Hole Id EOH (m) Dip From (m) To (m) Width (m)Grade (g/t) BMDD025 426 -60 331.80 332.30 0.50 1.53 334.40 377.60 43.20 4.59 390.40 394.60 4.20 2.21 410.00 418.00 8.00 5.39 BMDD026 362 -60 212.00 213.00 1.00 1.09 295.00 334.
Slide 26: Buckreef: Underground Potential
TSX: TNX NYSE AMERICAN: TRX 26 Buckreef: Underground Potential
Slide 27: Future Exploration Targets
Buckreef: Future Exploration Targets TSX: TNX NYSE AMERICAN: TRX 27
Slide 28: Highlights from 2018
Highlights from 2018 • We continue to successfully navigate the political changes taking place in Tanzania. • We continue to develop our flagship gold project – Buckreef – with the completion of an extensive independent Canadian NI 43 - 101 pre - feasibility report. A copy of this report can be acce
Slide 29: Conclusion and Way Forward
Conclusion and Way Forward TRX has several characteristics which make it a compelling story among its peers in the junior mining industry: • The company has had a long history of operation in the country of Tanzania, and has an excellent record as a corporate citize n – in all of its business dealin
Slide 30: Additional Information
Additional Information • The entire Amended National Instrument 43 - 101 Independent Technical Report Mineral Reserves Estimate and Pre - Feasibility Study on the Buckreef Gold Mine Project, Tanzania report can be accessed on Sedar, Edgar or from the corporate website at www.tanzanianroyalty.com • O
Slide 31: Thank You
TSX: TNX NYSE AMERICAN: TRX 31 Thank You
Tanzanian Royalty Exploration — IPO Roadshow (September 2018) on 6ix