Riversgold Ltd. · ASX:RGL
Riversgold — AMEC Convention 2018
28 slides from Riversgold's conference presentation, June 2018
Slide 1: Exploring for large gold deposits in WA and Alaska
Exploring for large gold deposits in WA and Alaska… AMEC Convention – June 2018 ASX:RGL
Slide 2: Disclaimer/Forward Looking Statements
Disclaimer/Forward Looking Statements This presentation contains certain statements which constitute “forward-looking statements”. These statements include, without limitation, estimates of future capital expenditure; statements regarding the expectation or description of the prospectivity of the Ri
Slide 3: Riversgold – Investment Highlights
Riversgold – Investment Highlights ▪ Riversgold has a portfolio of highly prospective exploration projects in Australia, Alaska and Cambodia and a Board with track record of successful exploration, discovery, development and production ▪ Recent RC drilling has returned high-grade gold results from C
Slide 4: Corporate Snapshot
Corporate Snapshot ASX Symbol RGL Major Shareholders % Shares on Issue 83.7M Greenwich Equities 17.0 Market Cap. (@ $0.10) $8.4M Evolution Mining Ltd 15.1 Cash (Mar 18 Qtr) $3.9M Board/Management 10.1 Options ($0.20) 22.2M Top 20 Shareholders 64.3 Experienced Board with track record of discovery, de
Slide 5: Project Portfolio
Project Portfolio Highly prospective gold projects with potential for year-round news flow Alaska 2018 Fraser Inst. Mining Survey (IRG) Cambodia (IRG) Kurnalpi (Orogenic gold) Churchill Dam (IOCG) IRG – Intrusion-Related Gold IOCG – Iron Oxide Cu-Au 5 AMEC Convention - June 2018
Slide 6: Kurnalpi Projects, WA
Kurnalpi Projects, WA ▪ Large land position 100km E of Kalgoorlie ▪ Proximity to existing transport and processing infrastructure (e.g. Silver Lake and Saracen) ▪ Gold exploration hot spot: • Breaker – Lake Roe • Apollo - Bombora • Kairos – Roe Hills ▪ Drill targets along mineralised trends • Numero
Slide 7: Cutler
Cutler ▪ Purchased 100% of E25/550 in Feb 2018* ▪ Coherent 600m long zone of supergene gold in historic RAB drilling ▪ West dipping structure previously only tested with RC drilling on one section ▪ No drilling since 1995 ▪ Recent RC drilling - high grade oxide gold and mineralised structure over 50
Slide 8: Cutler RC drilling
Cutler RC drilling ▪ 11 RC holes drilled • 1 hole per section • 50-100m line spacing ▪ Shallow oxide intersections: • 3m @ 6.18g/t Au • 3m @ 2.58g/t Au • 4m @ 5.31g/t Au ▪ 500m long structure: • 1-4g/t intersections • Steep W-dipping • Shallow N-plunge(?) • Open at depth ▪ Infill and extensional Obl
Slide 9: Cutler – substantial upside
Cutler – substantial upside 9 AMEC Convention - June 2018
Slide 10: Yilgani – West Target
Yilgani – West Target ▪ Bedrock gold target associated with NE-trending structure – confirmed by recent gravity survey ▪ Geology/structure analogous to Carosue Dam and Pinnacles gold deposits - dilational jog next to internal granite ▪ 2.6km long zone of anomalous gold and pathfinder elements in air
Slide 11: Queen Lapage Target
Queen Lapage Target ▪ 15km segment of mineralised “Randell Shear Zone” – mostly under shallow salt lake cover ▪ Along strike from Queen Lapage open pit gold mine ▪ Anomalous gold in historical drilling – open at depth and along strike ▪ Numerous NE-trending faults - felsic/sedimentary rocks untested
Slide 12: Alaskan Intrusion-Related Gold (IRG)
Alaskan Intrusion-Related Gold (IRG) Tintina Gold Province (the “birthplace” of Intrusion-Related Gold) Resource Grade Deposit Location (Moz) (g/t) Donlin Creek Alaska 45 2.5 Pogo Alaska 8 12 Fort Knox Alaska 3.9 0.5 Livengood Alaska 12.5 0.7 Nixon Fork Alaska 0.19 17.0 Shotgun Alaska 0.7 1.0 Okvau
Slide 13: The Alaskan Opportunity
The Alaskan Opportunity ▪ World-class gold endowment*: • 2.5% of world’s reserves • 40% of USA’s resources • 2nd largest producer in USA ▪ Established mining industry • 6 producing mines • 8 major projects underway ▪ Stable Federal/State governments ▪ Clearly defined land status and permitting proce
Slide 14: Riversgold Alaskan Projects
Riversgold Alaskan Projects ▪ 100% owned State of Alaska mining claims over 3 IRG targets in Kuskokwim Mineral Belt: • Luna/Quicksilver • Kisa • Gemuk Mountain ▪ 150km south of giant Donlin Creek gold deposit (45Moz Au) ▪ Strategic land position on North Fork Fault • 2nd order splay off Denali-Farew
Slide 15: Regional Geology/History
Regional Geology/History ▪ Deposition of shale and sandstones of Kuskokwim Group (95-76Ma) ▪ Regional volcanism/magmatism (~70Ma) • Volcanic-plutonic complexes (granites) • Structurally controlled felsic dikes/sills ▪ Dextral strike-slip motion with ~70Ma Au event ▪ Denali-Farewell Fault ~135km dext
Slide 16: AMEC Convention - June 2018
16 AMEC Convention - June 2018
Slide 17: Luna/Quicksilver
Luna/Quicksilver ▪ 20km long mineralised structure – 50% covered by shallow till/alluvium ▪ Similar scale to Donlin Creek (45Moz) ▪ Outcropping high-grade gold 5km apart: • Quicksilver (37.5g/t Au) • Luna (64.7g/t Au) ▪ Massive sulphide mineralisation: • Luna East (1.2% Cu) ▪ Detailed helimag survey
Slide 18: Key ingredients for a large IRG deposit
Key ingredients for a large IRG deposit: Luna Donlin IRG Ingredients /Quicksilver Creek Cretaceous Kuskokwim Group black shales ✓ ✓ Late Cretaceous/Tertiary granite and hornfels ✓ at depth Splay fault off Tintina bounding fault ✓ ✓ Multiple felsic porphyry dikes/sills ✓ ✓ Placer gold occurrence ✓ ✓
Slide 19: AMEC Convention - June 2018
19 AMEC Convention - June 2018
Slide 20: Luna-Luna East
Luna-Luna East High-grade Luna outcrop 20 AMEC Convention - June 2018
Slide 21: Quicksilver
Quicksilver granite dike hornfelsed sediments Granite and felsic dikes intruding sediments (horfelsed shale, sandstone and limestone) 21 AMEC Convention - June 2018
Slide 22: Gemuk Mountain
Gemuk Mountain ▪ New 100% owned State of Alaska mining claims staked early 2018* ▪ High-grade rock chips from historic Government sampling • up to 100g/t Au and high-grade Sb • As, Ag ▪ Qtz-arsenopyrite-stibnite veins in granite ▪ Mineralised fault along strike from Luna/Quicksilver mineralisation ▪
Slide 23: 2018 Alaska Field Season Objectives
2018 Alaska Field Season Objectives ▪ Luna/Quicksilver: • IP survey • Grid soil sampling • Mapping using 2017 helimag data ▪ Gemuk Mountain: • Soil/rock chip sampling ▪ Diamond Drilling: • Luna/Luna East • Quicksilver • Skarn targets • Kisa - Golden Dyke 23 AMEC Convention - June 2018
Slide 24: Kisa – Golden Dyke
Kisa – Golden Dyke ▪ 4km long felsic dike swarm along N-S ridgeline ▪ Outcropping gold mineralisation: • Rock chips 0.1 – 8g/t Au • As-Bi-W-Mo anomalism ▪ Au in soil anomaly on back slope ▪ 1 DDH planned in 2018 • Drill platform in place from 2007 24 AMEC Convention - June 2018
Slide 25: Indicative Fieldwork schedule
Indicative Fieldwork schedule Jul Aug Week 2/7 9/7 16/7 23/7 30/7 6/8 13/8 Geophysics Geochem Drilling 25 AMEC Convention - June 2018
Slide 26: Riversgold - Summary
Riversgold - Summary ▪ Highly prospective exploration projects in world-class gold terranes: • Strategic portfolio in Eastern Goldfields with numerous targets • Two Intrusion-Related Gold terranes (Alaska and Cambodia) ▪ Experienced Board with track record of successful exploration, discovery, devel
Slide 27: Target testing and news flow accelerating through 2018
Target testing and news flow accelerating through 2018… 2018 Project Jun Sep Dec Yilgani GPX aircore +/-RC aircore +/-RC Cutler RC Venetian Kurnalpi North Farr-Jones RC Queen Lapage Kurnalpi South GPX GC aircore GC/GPX Alaska Luna/Quicksilver Kisa South Australia Churchill Dam News flow ✓ ✓ ✓ GC – g
Slide 28: www.riversgold.com.au
Riversgold Ltd www.riversgold.com.au