Theta Gold Mines Ltd. · ASX:TGM
Theta Gold Mines — Mines & Money Online Connect 2021
23 slides from Theta Gold Mines's conference presentation, Jan 29, 2021
Slide 1: Investor Presentation – A high growth gold producer in the making
For personal use only Investor Presentation “A high growth gold producer in the making” January 2021 – Mines & Money Online Connect ASX: TGM | OTCQB: TGMGF 6 Million oz of “TGM was added to the MSCI World Micro Cap Index in November 2020” Gold Resources
Slide 2: Disclaimer
Disclaimer For personal use only Forward looking and cautionary statements Disclaimer and Competent Persons Statement This announcement or presentation may refer to the intention of Theta Gold Mines regarding estimates or future events which DISCLAIMER could be considered forward looking statements.
Slide 3: Investment Highlights
Investment Highlights For personal use only +6Moz of Gold Resources, a top 3 undeveloped gold resource on the ASX not owned by majors 2. Amazing size More low-cost discoveries to be made based on >130years data 1. Controls 3. an entire Attractive Undervalued compared to similar size gold valuation p
Slide 4: Corporate Overview/Team
Corporate Overview/Team For personal use only Bill Guy – Chairman Ex-Jupiter Mines Ltd (ASX: JMS) Chief Exploration Manager. (Jupiter was/is Company Snapshot controlled by London based Pallinghurst Group, Chairman Mr. Brian Gilbertson was former Chairman/CEO BHP Billiton). Over 25yrs exploration & r
Slide 5: South Africa's Golden Triangle
South Africa’s “Golden Triangle” For personal use only Theta Gold - 6Moz Developer targeting >160Koz starting 2021 Eastern Transvaal Goldfields 100km SA host the 3rd largest gold reserves in the world (~6,000t Au) Witwatersrand Goldfields Barberton Greenstone Goldfields West Wits Mining (ASX) DRD Go
Slide 6: A vibrant Emerging Market with First-world infrastructure & Law
A vibrant Emerging Market with First-world infrastructure & Law For personal use only South Africa - 16% of the African Continent’s GDP Logistical Labor force and Jurisdiction Advantages Talent pool benefits Largest road/rail 460,000 miners English Common Law system network in currently employ
Slide 7: Then and Now – A SA version of Kirkland Lake
Then and Now – A SA version of “Kirkland Lake” For personal use only Then… Today… Vaalhoek: Productivity in perspective Vaalhoek Mine: “Bad” times was 6.2 g/t recovered – Today ZAR6,300/ton revenue at < ZAR1,000/ton working cost. Then: Now: • Face advance <5m/month • Face advance > 20m/month At Beta
Slide 8: Theta Controls A Very Large Gold Field
Theta Controls A Very Large Gold Field For personal use only 6Moz+ 6.7Moz+ Group JORC Resources (43.7Mt @ 4.29g/t Au) GOLD+ Gold already produced since 1870s. 1.3 Moz open cut resources THETA CONTROLS THE The No.1 gold discovery in South (13.08Mt @ 3.12g/t Au). EASTERN TRANSVAAL GOLD Africa before t
Slide 9: Point of Difference – High Margin / Low Cost
Point of Difference – High Margin / Low Cost For personal use only Stage1 Theta OC Stage3/4 UGs $2,000 Upside from Low cost Drivers $1,750 increased gold price Margin Margin $1,500 Near surface gold > 50% Optimised FS reefs Gold Price (US$) $1,250 Margin (completed at Good grades with US$1500 –
Slide 10: Point of Difference – Early Cashflow / Quick Payback
Point of Difference – Early Cashflow / Quick Payback For personal use only Stage 1 Theta Starter-pits： Annual production planned for 600Ktpa, mine life of 6.5 years to recover a total of 234Koz gold 1.2Mtpa Ball Mill on site – easy to double up production for Stage 2 pit extensions. Low CapEx
Slide 11: Building up to a >160,000oz Au Production Profile
Building up to a >160,000oz Au Production Profile For personal use only 62,000 Hectare Stage 2: Theta Southern Stage 1: Theta Project tenements Extension Pits (MR341) Starter Pits (MR83) • Currently approximately 500Koz • Recover 234.06Koz Au over open-pit resources to be converted 6.5 years (600Ktp
Slide 12: Stages 1, 2 & 4 Ore bodies - 3D Visual
Stages 1 & 2 (Open-pits), and 4 (UG) - 3D Visual For personal use only Ore bodies Bird-eye view - South to North Green: M/I Blue: Inf 1km MR83 Stage 1 & 4 Stages 1 & 2 Theta Open-pits Stage 4 Beta UG Underground view MR341 Stage 2 Stage 1 Theta Starter-pits sits within MR83 Bird-eye – No Topograph
Slide 13: Stage 3 & The Sleeping Giant - 3D Visual
Stage 3 & The “Sleeping Giant” - 3D Visual For personal use only Stage 3 - Rietfontein Underground Mine Green: M/I Blue: Inf o Currently records 779.8Koz @ 8.42g/t Au o Multiple level adit-entry underground mine from surface (side of hills) Green: 4g/t Cut-off Ore-body o Scoping Study completed Ma
Slide 14: Group Underground JORC Resources (~4.5Moz)
Group Underground JORC Resources (~4.5Moz) For personal use only Mineral Resources for Underground Operations as at 1 May 2019 Reef Stope Reef Stope Mineral Resource Reef Width Stope width Content Au Content Mine Reef Grade Grade Tonnes Tonnes Classification g/t g/t cm cm cm.g/t Mt Mt Kg koz Measure
Slide 15: Underground Mining Reserve – work in progress
Underground Mining Reserve – work in progress (targeting Q1 2021) For personal use only Modern underground mining methods & technologies to boost Theta’s underground mine economics: Underground engineering drill cores Modern mining methods – to recover maximum grade with improved dilution (complet
Slide 16: Underground Mining Reserve - metallurgy testworks
Underground Mining Reserve - metallurgy testworks For personal use only Highlights of Gold Bulk Sampling Metallurgical Test Work Rietfontein Rietfontein Rietfontein Rietfontein Beta Met 1 Vaalhoek Met Element Unit Damp WRMet 1 Met 1 Met 2 Composite Composite Composite Composite Composite Composite A
Slide 17: Immediate Re-Rating Opportunity
Immediate Re-Rating Opportunity For personal use only 2020-Mar-16 & June-19 Takeover offers received 2020-Feb-27: Receive key water extraction permits as part of its EIA approval Cardinal Case Study Re-valuation Catalysts A$600/oz1 Reserve Upgrades & Status Change A$195/oz1 A$102/oz1 Currently Theta
Slide 18: ESG – Environment Social Governance
ESG –Environment Social Governance For personal use only Environment Theta Gold through its controlled operating entities are creating regional Environmental Development Trusts. Funds are to be budgeted towards certain environmental offsets, alien invasive plants removals, establishment of nature re
Slide 19: Resources & Reserves Tables
Resources & Reserves Tables For personal use only Group JORC Mineral Resources as of May 2019 Notes: 1. Columns may not add up due to rounding. 2. Gold price used for the cut-off calculations is USD1,500/oz. 3. UG Mineral Resources are reported at a cut-off of 160 cm.g/t, open pit at 0.5 g/t and 0.3
Slide 20: Key Stock Exchange Releases over last months
Key Stock Exchange Releases over last 30 months For personal use only Key Project Progress Key Corporate Changes 14 Dec 2020 Targeting a substantial increase in global Mining Reserve 22 Jan 2021 Theta Appoints Debt Advisor and 18 Nov 2020 Metallurgical Results Provide Confidence For UG PFS strengthe
Slide 21: Why Invest in Theta?
Why Invest in Theta? For personal use only Why Invest in Theta Gold Now: Discovery cost less than 0.7% (US$12/oz) of current gold price Transitioning to“Producer Status” in 2021 Production costs (AISC) less than half current gold price A Multi-Million Ounce Goldfield How much to replace our assets?
Slide 22: Contact
For personal use only Ticker: TGM (trade in AU$) Ticker: TGMGF (trade in US$) Bill Guy – CHAIRMAN Ben Jarvis – Six Degrees Media Email: billg@thetagoldmines.com Email: ben.jarvis@sdir.com.au Richie Yang - Director Michael Porter – US Investor Email: richiey@thetagoldmines.com Relations Porter, Levay
Slide 23: Thank You
For personal use only “TGM was added to the MSCI World Micro Cap Index in November 2020” THANK YOU