Tristar Gold Inc. · TSXV:TSG
Tristar Gold — Investor Presentation (March 2016)
29 slides from Tristar Gold's investor presentation, March 2016
Slide 1: Tristar Gold – Unlocking Potential
TRISTAR GOLD – UNLOCKING POTENTIAL 1
Slide 2: Disclaimer and forward-looking statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this presentation. No stock exchange, securities commission or other regulatory authority has approved or
Slide 3: New Management Team, New Vision; Castelo de Sonhos: An exceptional deposit
New Management Team, New Vision Castelo de Sonhos: All senior management personally invested An exceptional deposit in the company Significant Exploration Target New team experienced in advancing projects Mining friendly region of Pará State, Brazil Growth through development of CDS
Slide 4: Management and technical advisors
Nick Appleyard: President & CEO Scott Brunsdon: CFO Mo Srivastava: Vice President • CEO for Chaparral Gold (CHL) • CFO for IMZ, CHL and Placer Dome • President and founder of FSS • VP Corporate Development for North America Canada and Benchmark Six International Minerals (IMZ) • Director and senior
Slide 5: Good news from the Sept. 2014 NI 43-101 Technical Report
Good news from the Sept. 2014 National Instrument 43-101 Technical Report: ● Gold anomaly in soil perfectly tracks a band of metamorphosed conglomerates → the band is pervasively mineralized. ● Every one of the 140 drill holes that intersect at least half of the conglomerate band encounters at least
Slide 6: The not-so-good news from the Sept. 2014 NI 43-101 Technical Report
The not-so-good news from the Sept. 2014 National Instrument 43-101 Technical Report: ● Modest Indicated and Inferred resources have caused the perception that the project is too small for mid-size and large mining companies. ● To be a “Company-Maker” a project needs the potential to support 150,000
Slide 7: Quantitative risk assessment (QRA)
A quantitative risk assessment (QRA) does not involve guessing at the upside potential … the “blue sky” possibilities. Instead, it builds complete 3D models of the deposit that honor all available knowledge, information and data, creating a family of technically sound scenarios that allows the upsid
Slide 8: Key Resource Modeling and Reserve Assumptions
Key Resource Modeling Assumptions Key Reserve Assumptions • Gold was deposited in a near-shore placer that sub- • An open-pit operation … the possibility of under- sequently became a band of conglomerates with ground extensions was not evaluated. varying grain sizes. Minimal short-range remobili- •
Slide 9: TSX Venture ticker symbol: TSG
TSX VENTURE TICKER SYMBOL: TSG Market capitalization ~ C$ 25 million Shares Issued 108.6 million Cash ~ C$ 1.4 million Fully Diluted Shares 144.8 million Recent share price (03Mar2016) C$ 0.23 Stock Options 14.9 million 52-week range C$ 0.10 ─ 0.23 Warrants 21.3 million MAJOR SHAREHOLDERS (I & O) In
Slide 10: Brazil overview and investment considerations
Federal Presidential Constitutional Republic Elections every four years Independent from Portugal since 1822 Population: 205 million (5th largest) GDP: US$3.2 trillion (7th largest) Currency: Real (1US$ is ~4 Reals) Main Exports (2010): natural resources, automobiles and agriculture Investme
Slide 11: Directors, Senior Management & Officers
DIRECTORS Position Profession Nationality Nick Appleyard President/CEO Geologist Australia Mark Jones III Chairman Mining Executive USA Brian Irwin Corporate secretary Lawyer Canada Leendert Krol Independent Director Geologist USA Diane Garrett Independent Director Mineral Economics USA Patrick Glaz
Slide 12: Contact details
Website www.TriStarGold.com Email: info@tristargold.com Headquarters (U.S.A.) • Nick Appleyard ─ President & CEO • Scott Brunsdon ─ CFO • Scottsdale office: +1 (480) 794-1244 Houston (U.S.A.) • Mark Jones III ─ Chairman • Office: +1 (281) 579-3400 12
Slide 13: Appendix: Geological & Technical Information on Castelo de Sonhos
APPENDIX Geological & Technical Information on Castelo de Sonhos 13
Slide 14: Syngenetic versus epigenetic; paleo plate reconstructions; trend models
• Syngenetic versus epigenetic • Paleo plate reconstructions • Original depositional coordinates • Trend models 14
Slide 15: Syngenetic vs epigenetic views of the deposit
Evidence at Castelo de Sonhos supports two views of the deposit: SYNGENETIC EPIGENETIC Paleo-placer in which primary controls on Gold arrives later, with primary controls mineralization are: on mineralization being: ● hydrodynamics of flowing water with ● permeable pathways (connected por- suspended
Slide 16: Weight of evidence favors paleo-placer
Although there are some unambiguous instances of epigenetic gold (or, possibly, remobilized gold), the weight of evidence favors the view that Castelo de Sonhos is primarily a paleo-placer: 1. Outcrop of the conglomeratic band aligns almost perfectly with anomalously high gold in soil samples, follo
Slide 17: Gold grade follows size and frequency of pebbles
4. Gold grade follows size and frequency of pebbles/clasts, which is typical of a placer environment. 17
Slide 18: Syngenetic versus epigenetic; paleo plate reconstructions
• Syngenetic versus epigenetic • Paleo plate reconstructions 18
Slide 19: Near-shore marine placer gold deposits being mined
There are placer gold deposits in a near- shore marine environment that are being mined: → Tarkwa, Ghana (paleo-Proterozoic) → Jacobina, Brazil (paleo-Proterozoic) → Nome, Alaska (modern) Castelo de Sonhos is paleo-Proterozoic in age, and it’s important to know whether or not it was near the coast a
Slide 20: Paleo continent and placer gold deposits
Two billion years ago, a large continent lay near the South Pole, with a chain of lode gold deposits along its central mountain ridge. Gold accumulated in placer deposits along the shores and beaches. In modern times, these now include gold deposits at Tarkwa, Jacobina and Castelo de Sonhos. 20
Slide 21: Tarkwa, Jacobina and Castelo de Sonhos comparison
TARKWA JACOBINA CASTELO DE SONHOS Location Ghana, West Africa Brazil, South America Brazil, South America Age (Ga) 2.10 ─ 2.14 1.88 ─ 2.09 2.00 ─ 2.20 Remaining Reserves (Moz Au) 10.3 Moz Au 2.2 Moz Au Mine Type Open Pit & Underground Open Pit & Underground Initially an Open Pit Open Pit Grade 1.2 g
Slide 22: Original depositional coordinates
• Syngenetic versus epigenetic • Paleo plate reconstructions • Original depositional coordinates 22
Slide 23: Conglomerate band outcrop forms a horseshoe
The outcrop of the conglomerate band forms a horseshoe that is the surface expression of a fold. Two faults cause the central block (that hosts Esperança East) to be down- dropped. 23
Slide 24: 3D model of the fold
A 3D model of the fold was created by assuming that the fold follows the simplest theoretical model for a fold, a minimum curvature surface that honors the available dip data from the outcrops. When truncated against the topography, and faulted, the resulting 3D model follows the outcrop of the cong
Slide 25: 3D model explains garimpeiro workings
The simple 3D model of the geometry of the fold provides an explanation for one of the puzz- ling locations of the garimpeiro workings … … the conglomerate band almost reaches the ground surface in the ravine that splits the plateau. 25
Slide 26: Restoring the conglomerate band to paleo-coordinates
The 3D model of the geometry of the conglomerate band allows us to: undo the faulting by removing offset on the two major faults untilt the fold by bringing its axial plane to vertical unfold the folded band to a flat layer This restores the conglomerate band to the flat-lying configuration it
Slide 27: Trend models
• Syngenetic versus epigenetic • Paleo plate reconstructions • Original depositional coordinates • Trend models 27
Slide 28: Vertical and horizontal lithology trends in drill holes
Vertical trends in the proportions of the lithologies in drill holes are consistent with changes due to sea-level fluctuations and to uplift and erosion variations on the continent. Horizontal changes are consistent with the normal progression of lithologies into a marine environment, coarse-to-fine
Slide 29: Qualified Person for the resource estimate
Qualified Person for the resource estimate: Rodrigo Mello, FAusIMM 29