Goldquest Mining Corp. · TSXV:GQC
Goldquest Mining — Investor Presentation (November 2017)
24 slides from Goldquest Mining's investor presentation, November 2017
Slide 1: GoldQuest Corporate Presentation Oct/Nov 2017
GOLDQUEST TSXV: GOC opper in the jing Mine L ploration 5OLDQUEST Oct/Nov 2017
Slide 2: Forward-looking statements
Statements contained in this presentation that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward- looking statements in this presentation include, but are not limited to, statements with respect to the pre-feasibility study for
Slide 3: A Growth Company
A Growth Company Developing The Romero Gold/Copper mine, Dominican Republic GQC discovered the multi-million ounce gold deposit in 2012 Pre-feasibility study (PFS) published Nov. 11th, 2016 @ 28% IRR and $595/oz All in Sustaining Costs (AISC) Permitting in progress Exploring The 50-km long
Slide 4: The Dominican Republic
The Dominican Republic Canada Romero Project Tireo USA Concessions Puerto Plata Dominican Republic Falcondo Pueblo Viejo Mine Mine Strong relationship with the government and community San Juan No Government Royalties Santo Domingo Reasonable Taxes (32%) One of the fastest growing source www
Slide 5: Veteran Team with proven DR experience
Veteran Team with proven DR experience Bill Fisher, P.Geo Executive Chairman, CEO • Former CEO Globestar • Chairman Aurelian Felix Mercedes, MBA • VP Exploration of Boliden Country Manager • Director of Mining & Paul Robertson, CA,CPA Petroleum Chamber in the DR CFO • Former CFO Grayd Resources (acq
Slide 6: Technical & Financial Expertise
Technical & Financial Expertise Bill Fisher, P.Geo Julio Espaillat, M.Eng Executive Chairman, CEO Director • Former CEO Globestar • Retired as full-time CEO Q3 ‘17 • Chairman Aurelian • Former Country Manager • VP Exploration of Boliden Globestar Florian Siegfried, MBA Patrick Michaels Director Dire
Slide 7: Prefeasibility Study Highlights
Prefeasibility Study Highlights NPV*5% IRR* AISC* PAYBACK $203M 28% $595/OZ. 2.5YRS AFTER TAX AuEq.** LTP-94 158.6m to 160.0m 288.6 g/t Gold 5.6% Copper Currently in the permitting phase * Net Present Value (“NPV”), Internal Rate of Return (“IRR”), All-In Sustaining Costs (“AISC”) Preliminary Fe
Slide 8: PFS: Responsible Mine Design
PFS: Responsible Mine Design Minimal Surface Impact Small surface footprint over underground mine, thus minimal affect on landscape Return Wasterock Underground Wasterock will be returned underground as backfill No use of Cyanide or other Contaminates A gold/copper concentrate product will be
Slide 9: 2016 PFS Highlights
2016 PFS Highlights Low Capex, High IRR, Scalable Deposit After-Tax NPV & IRR Sensitivity to Gold Price PFS Summary Results At US$1300 Au / US$2.50.lb Cu After Tax NPV5% After Tax IRR Start-Up CAPEX $158M $350 35% Sustaining CAPEX $92M $300 30% After Tax NPV5% (US$M) Throughput 2800 tpd $250 25% Aft
Slide 10: Gold-Copper Starter Mine
Gold-Copper Starter Mine only considers 35% of current M&I Resource Surface Portal Ventilation Access Ramp View Looking North Production Ramp 2800 tpd – 75% Longhole Large Stopes (up to 20m x 20m x 50m) Options to expand mine as metal prices rise Remaining Mineral Resources www.goldquestcorp.c
Slide 11: Gold Equivalent Ounces
NPV5% IRR AISC PAYBACK AFTER TAX $595/OZ. 2.5 The Gold/Copper Concentrate $203M 28% AuEq. YEARS Gold Equiv. Payable Oz. Starter Mine (35% of resource only) 180 GOAL: maintain or exceed 150,000 oz per year (Remaining Resource = Potential) 160 153,600 Gold Equivalent Ounces 140 136,800 135,600 124,800
Slide 12: All in Sustaining Costs and Gold Price
NPV6% IRR AISC* PAYBACK $203M AFTER $595/OZ. 2.5 TAXES YEARS All in Sustaining Costs (AISC) 28% AuEq. $1,400 LOM LOM ($/tonne) ($/oz.) $1,200 Mining $27.7 $222.4 Gross Processing $11.6 $93.1 $1,000 Margin Tailings Management $1.3 $10.3 Gold Price $800 $705 G & A (Site) $5.4 $43.8 $600 Total Cash Cos
Slide 13: Permitting a Mine in the Dominican Republic
DEVELOPMENT Permitting a Mine in the Dominican Republic Exploration Concession Application Process Mineral Exploration & Environmental 2005 – Ore Deposit Discovery License Application Process 2012 Sequential and time Mine intensive process of gathering and testing data to Construction find economic
Slide 14: Romero Project Exploration Focus
Romero Project Exploration Focus www.goldquestcorp.com | 14
Slide 15: The "String of Pearls"
The “String of Pearls” Romero: 10.4 g/t - 234.8m Grab Samples Gold (g/t) 2.0 – 167.5 (201) BDL – 2.0 (3272) Las Tomates: 4.7 g/t - 6.8 m Tireo Land Package Perimeter Hydrothermal Alteration Romero South: 10.75 g/t - 28.5 m Ongoing Ex;loration Program Previously Reported Drilling Imperial: 8.5 g/t -
Slide 16: Exploring the Tireo Belt
Exploring the Tireo Belt Romero Deposit We find gold! Romero South Deposit Targets occur along the mineralized trend hosting the Cachimbo Discovery and the Romero Deposits IP Chargeability (mV/V) These deposits occur in clusters along plate boundaries – we are on the Atlantic/Caribbean boundary
Slide 17: Poligon SE 1000
(Jan 2017) • VMS System Surface sample: confirmed 168 g/t gold • Resource growing Poligon SE 1000 • High-grade seafloor facies identified (zinc and barite) • Seeking Romero-style Hole 9 - 5 m @ 14 g/t gold, 12% zinc sub-seafloor feeder 74 g/t silver Open (Down SE) Hole 44 - 21m @ 7.9 g/t gold,, 1.8%
Slide 18: Summary
Summary Developing One of few recent significant discoveries globally Continuing to de-risk our high return project PFS (Nov 11th, 2016) @ 28% IRR and $595/oz AISC Permitting underway Exploring 10,000 m drilling in progress 20 new targets in 100% owned, 50 km Tireo Belt Cachimbo discov
Slide 19: Stock Price Performance and Price Targets
Stock Price Performance and Price Targets Analyst Target Prices GoldQuest Stock Chart *** $0.70 3.5 Michael Curran Agnico Eagle Private C$1.40 * Placement @ C$0.60 per $0.60 3.0 common share $0.50 2.5 Share Price (C$/share) Stuart McDougall C$1.25 ** Volume (M) $0.40 2.0 $0.30 1.5 Tyron Breytenbach
Slide 20: An Emerging Developer with Exploration Upside
COMPELLING SIGNIFICANT ECONOMICS CLEAR EXPLORATION DEVELOPMENT UPSIDE ROMERO: PATH Fully Scalable An Emerging Developer with Exploration Upside www.goldquestcorp.com | 20
Slide 21: Market Capitalization and Shares Outstanding
Market Capitalization* ~C$124M Shares Outstanding 254,007,384 Basic Shares Outstanding 291,057,724 Fully Diluted Cash* 25.8M Stock Price** C$0.38 * Cash (Actual) as of June 30st, 2017 **As of September 15th, 2017 close Management Contact Info: Share Information Bill Fisher CEO Paul Robertson CFO Bil
Slide 22: Mineral Reserve & Resource Estimate for Romero Project
Mineral Reserve & Resource Estimate for Romero Project Romero Mineral Reserve Estimate Mine Reserves Tonnes Au Ag Cu Au Eq(1) (Cutoff $70 (g/t) (oz) (g/t) (oz) (%) (M lb) (g/t) (oz) NSR)(2) Total Probable 7,031,000 3.72 840,000 4.33 980,000 0.88 136 4.9 1,117,000 (1) Au equivalent metal prices: Au $
Slide 23: GoldQuest's CSR Commitment
GoldQuest’s CSR Commitment The inclusion of communities in our activities The Planet Implementation of sustainable • Environmental Stewardship environmental practices Active participation in the sustainable economic development of the area CSR Commitment to the safety and health of Company C
Slide 24: Gold-Rich VMS Clan
Gold-Rich VMS Clan 167.5 g/t Au at surface Au Zn-Au Au Au Cachimbo Zn-Au Discovery Cu-Au Romero Project Cu-Au Cu-Au www.goldquestcorp.com | 24 Image modified from Dubé, B; Gosselin, P; Mercier-Langevin, P; Hannington, M; Galley, 2007. Mineral deposits of Canada: a synthesis of major deposit-types, d
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