Golconda Gold Ltd · TSXV:GG
Golconda Gold — Galane Gold — Investor Presentation (February 2019)
20 slides from Golconda Gold's investor presentation, February 2019
Slide 1: Galane Presentation
GALANE PRESENTATION February 2019 Website 01/02/2019
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS Certain statements contained in this presentation constitute “forward-looking statements.” All statements other than statements of historical fact contained in this presentation, including, without limitation, those regarding Galane’s results of operations, strategy, plans, obj
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: Overview
OVERVIEW Mupane Mine REP OF UGANDA KENYA Location North-East District, Botswana THE GABON CONGO DEMOCRATIC REPUBLIC Mine Type Open pit and underground OF THE CONGO (ZAIRE) Mine Life 4+ years TANZANIA M&I Resources 414,374 oz Au Inferred Resources 219,765 oz Au ANGOLA MALAWI ZAMBIA Forecast Productio
Slide 5: Management Team
MANAGEMENT TEAM Nicholas Brodie | CEO Gavin Vandervegt | Chief Financial Officer Executive with 23 years experience with increasingly Executive with over 15 years experience in mining in senior roles progressively senior roles Previously with Katanga Mining (DRC), Metallon Gold Previously with Nauti
Slide 6: Ownership Structure & Performance
OWNERSHIP STRUCTURE & PERFORMANCE TSXV – GG OTC QB - GGGOF 6.50% Capital Structure 23.00% Share Price C$0.05 Basic Shares Outstanding 200,804,760 Stock Options1 9,700,000 Widely Held Ownership Deferred Share Units 4,970,046 Known Breakdown Warrants2 54,520,016 Mgmt/Insiders Fully Diluted Shares Outs
Slide 7: Mupane Gold Mines
MUPANE GOLD MINES Botswana
Slide 8: Overview of the Mupane Mine
OVERVIEW OF THE MUPANE MINE Overview Location 30 km SE of Francistown (population ~100,000) in northeastern Botswana Ownership 100% - acquired from IAMGOLD in August 2011 Operating History Commenced production in 2005 Map of the Mupane Property 738,853 oz of gold production through Dec 31, 2018 Mine
Slide 9: Tau: The Future C Reef
TAU: THE FUTURE C REEF C Reef At 820RL the strike extent was found to be 60m; at 800RL the strike extent increased significantly to 135m 780RL we are currently mining along strike and a total of Extension 70m of strike with a width of 15m has been exposed. From development channel sampling the inter
Slide 10: Mupane Mine: Exploration Potential with B2 Gold
MUPANE MINE: EXPLORATION POTENTIAL WITH B2 GOLD Tati Greenstone Belt – Exploration Targets A joint venture between Galane and B2 Gold owns ~90% of the highly prospective, 1,200 km2 Tati Greenstone Belt area Earn in Agreement signed with B2 Gold on Prospecting Licences for extensive exploration of th
Slide 11: Galaxy Gold Mines
GALAXY GOLD MINES South Africa
Slide 12: Key Features of Galaxy
KEY FEATURES OF GALAXY 1 2 3 4 5 6 Greenstone belt Highly accretive to Near-term producing Acquisition cost was Ability to manageably Excellent potential underground project Galane shareholders asset with an existing a fraction of the expand production to expand existing consistent with Galane on a
Slide 13: Overview of the Galaxy Mine
OVERVIEW OF THE GALAXY MINE Location 8 km west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa 58.6 km2 property is part of the prolific Barberton Greenstone Belt Operating History Gold prospecting dates back to the 1880s, whi
Slide 14: Galaxy Mine: Location
GALAXY MINE: LOCATION Location in the Barberton Greenstone Belt Mining License Detail 3 distinct fault lines 21 Ore bodies Access to all ore bodies through 17L adit Processing plant at 17L adit Adjacent Mines: Mines located 30 km to 50 km from the Galaxy properties Pan African Resources’ Barberton G
Slide 15: Galaxy Mine: Exploration Upside
GALAXY MINE: EXPLORATION UPSIDE Excellent potential to Target 6 of the 21 recognised ore bodies expand gold resources Exploration will focus on extensions at depth to over 4.0 million oz Main focus will be on Woodbine, Giles, Galaxy and Princeton which form part of the current mine plan 15
Slide 16: Galaxy
GALAXY Current Status Next Steps Galaxy operation ready to commence start-up with existing 15kt per month Funding will plant fully refurbished and operational. Complete adit at 22 level to access Galaxy ore body and remove the constraint of the shaft Expansion plan to 30kt per month completed Comple
Slide 17: Galaxy Milestone Timeline to Full Production
GALAXY MILESTONE TIMELINE TO FULL PRODUCTION 22 Level Galaxy Portal 22 Level 22 Level 17 Level Princeton Old Mill Sands Development at Development at Galaxy Ramp and Portal Sluicing Giles orebody Princeton First Ore Galaxy ore body Decline start February 2019 April 2019 April 2019 June 2019 Septembe
Slide 18: Summary
SUMMARY
Slide 19: Reasons to Invest
REASONS TO INVEST Low cost production growth from Galaxy Highly experienced Operating improvements management team at the Mupane Mine Re-rating potential Substantial and leverage to exploration upside rising gold prices 19
Slide 20: Contact Information
CONTACT INFORMATION Ravi Sood CHAIRMAN ravi@galanegold.com +1 647 987 7663 Nick Brodie CHIEF EXECUTIVE OFFICER nick.brodie@galanegold.com +44 7905089878 Investor Relations investors@galanegold.com +44 7905089878 20