Evergold Corp. · TSXV:EVER
Evergold — Investor Presentation (March 2024)
34 slides from Evergold's investor presentation, March 2024
Slide 1: DEM: The Property to Watch
March 2024 DEM 1 The Property to Watch 2 2 Shout-out by the B.C. government geologist at the recent AMEBC Roundup conference in Vancouver during overview of the key exploration developments in the province in 2023 1 Earning to 100%. For details see news August 2, 2023 and NI 43-101 technical report
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements included in this presentation constitute forward-looking statements, including those identified by the words “proposed”, “will”, anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar words and expressions to the exte
Slide 3: DEM Snapshot
DEM Snapshot Optioned* by Evergold in August 2023 Tiny, 3-hole / 947 metre first-ever drill program in Oct-Nov 2023 Drilling targeted a multi-element geochemical anomaly in soils overlying the topographically highest areas of the DEM1 prospect along with coincident and compelling strong magnet
Slide 4: DEM Snapshot
DEM Snapshot These early drill results demonstrate: • A large new porphyry system at DEM1 • A system fertile for both intrusion and related vein-hosted precious and strategic metals • A remarkable assemblage of sulphides and associated high-value elements, each locally occurring at the individual sa
Slide 5: Management
Management Kevin M. Keough, President & CEO, Director – HBSc Geological Sciences, Queen’s University. Mr. Keough most recently served as founding CEO of GT Gold Corp. and prior to that, President & CEO of its predecessor company New Chris Minerals Inc., both sold to Newmont in 2021. He began his car
Slide 6: Directors
Directors Kevin M. Keough, President & CEO, Director – HBSc Geological Sciences, Queen’s University. Mr. Keough most recently served as founding CEO of GT Gold Corp. and prior to that, President & CEO of its predecessor company New Chris Minerals Inc., both sold to Newmont in 2021. He began his care
Slide 7: The Right Geology
The Right Geology • The DEM property lies within the Nation Lakes porphyry camp, which hosts the major Mt. Milligan deposit at its north end. Porphyry deposits tend to occur in clusters, and the local structural setting is critical to their emplacement. The DEM1 prospect is located between and immed
Slide 8: DEM Location in the Context of Major B.C. Porphyry Deposits
DEM Location in the Context of Major B.C. Porphyry Deposits and Geological Terranes KEY Pacific Ocean USA
Slide 9: DEM Tenures
DEM Tenures 12,728 hectares Drive-on access, 40 kms northwest of Fort St. James, B.C. DEM Halo (a.k.a. ‘DEM1’) Target
Slide 10: Historical Work - Noranda
Historical Work - Noranda Attention was first drawn to the DEM1 prospect by strong, linear, multi-element Au-Ag-Cu-Zn-Pb-As soil geochemical anomalies developed in 1991 by Noranda in follow up to nearby lake sediment anomalies, associated with a limited area of volcanic and sedimentary outcrop int
Slide 11: DEM1 Conceptual Target
DEM1 Conceptual Target A Shallowly Buried Cu-Au-Ag Porphyry Intrusion With Overlying Sulphide Vein System WEST Viewed Due North, Approximately to Scale EAST “DEM Halo” topographic high High-level veins in volcano-sedimentary package above shallowly buried intrusive Shallowly buried intrusive cross c
Slide 12: Recent Work
Recent Work In 2016 and 2017 well known geologist C.J. Greig and geophysicist Alex Walcott added to the historical geochemical data at the DEM1 prospect with a limited-coverage, high resolution magnetic survey and several lines of deep-looking Induced Polarization (IP), followed by a gridded soil
Slide 13: DEM1 Prospect - Strong Soil Geochemistry on a Low Hill Amid Dense Cover
DEM1 Prospect - Strong Soil Geochemistry on a Low Hill Amid Dense Cover Shown are the core area claims only Central topographic high with coincident Cu, Au, Ag, As, Zn, Pb soil anomalies, surrounded by dense cover. Highs in soils to 2.1 ppm Au, 160 ppm Ag, 0.5% Pb, 0.41% Zn, 0.76% As, 651 ppm Cu
Slide 14: DEM1 Prospect – Magnetic Anomaly
DEM1 Prospect – Magnetic Anomaly A limited-coverage magnetic survey carried out in 2017 proved highly effective in delineating the immediate area of the DEM1 Prospect DEM1 Target Area on 1VD Magnetics 2017 Survey DEM1 Target Area on TMI Magnetics 2017 survey
Slide 15: DEM1 Prospect - Large-Scale Donut Magnetic Anomaly
DEM1 Prospect - Large-Scale “Donut” Magnetic Anomaly Total Magnetic Intensity (TMI) Postulated intrusive Intrusive feeder? DEM 1 Prospect 1 km
Slide 16: Direct Association of Soil Geochemistry With Underlying Magnetic Anomaly
Direct Association of Soil Geochemistry With Underlying Magnetic Anomaly, DEM1 Prospect Shown are the core area claims only
Slide 17: Intense IP Chargeability, DEM1 Prospect
Intense IP Chargeability, DEM1 Prospect A high-order IP chargeability anomaly (>50 mV/V) underlies the soil geochemical anomalies at DEM1 The intense IP chargeability points to the presence of mineralization (i.e. sulphides), now confirmed by reconnaissance drilling. The anomaly is broad, and ru
Slide 18: Intense, Broad, Deep Running IP Chargeability, DEM1 Prospect
Intense, Broad, Deep Running IP Chargeability, DEM1 Prospect WEST EAST IP Line 68200 200 metres values to >50 mV/V IP line 68000 200 metres
Slide 19: Strong IP Resistivity DEM1 Prospect
Strong IP Resistivity DEM1 Prospect The prospectivity of the DEM1 target is further underscored by a strong IP resistivity anomaly (i.e. > 1,000 Ohm/m) flanking the IP chargeability and also broadening and strengthening with depth High IP resistivity values are a good proxy for silicification –
Slide 20: Strong IP Resistivity, DEM1 Prospect
Strong IP Resistivity, DEM1 Prospect WEST EAST Line 68200 Resistivity flanking chargeability Line 68000
Slide 21: Interpretation
Interpretation The combined mapping, geochemical, geophysical and newly acquired drilling datasets indicate the DEM1 prospects represents a large scale, shallowly buried porphyry system offering the potential for both high-grade vein and bulk tonnage styles of mineralization We interpret that th
Slide 22: DEM Exploration Plans
DEM Exploration Plans • A 5-year MYAB (Multi-Year, Area-Based) exploration permit allowing for as many as 50 drill sites was received in August 2023 for the DEM project • A NI 43-101 compliant technical report on the DEM property, authored by Linda Dandy, P.Geo., Consulting Geologist, was delivered
Slide 23: 2023 Reconnaissance Drilling, DEM1 Prospect
2023 Reconnaissance Drilling, DEM1 Prospect 2 pads, 3 holes, 947 metres, Oct.-Nov 2023 DEM 23-01 & 02 DEM23-03 DEM1 Target Area on Total 1 km Magnetic Intensity
Slide 24: Evergold 2023 Recon Drilling, DEM1 Prospect
Evergold 2023 Recon Drilling, DEM1 Prospect 2 pads, 3 holes, 947 metres, Oct.-Nov 2023
Slide 25: Evergold 2023 Recon Drilling, DEM1 Prospect – Zoomed
Evergold 2023 Recon Drilling, DEM1 Prospect – Zoomed 2 pads, 3 holes, 947 metres, Oct.-Nov 2023
Slide 26: Evergold 2023 Reconnaissance Drilling Assay Results
Evergold 2023 Reconnaissance Drilling Assay Results DEM23-01: Partially delineated system envelope: 135 metres of 0.12 g/t Au, 2 g/t Ag from surface - 6 to 141 metres – open to depth. Assays of remainder of hole pending. True width unknown • Including: high-grade tungsten and high-grade silver: 0.32
Slide 27: Section View, Holes DEM23-01 & 02
Evergold 2023 Reconnaissance Drilling, DEM1 Prospect Section View, Holes DEM23-01 & 02 Partial Assay Results, Au & As
Slide 28: Section View, Hole DEM23-03
Evergold 2023 Reconnaissance Drilling, DEM1 Prospect Section View, Hole DEM23-03 Partial Assay Results – Au & As
Slide 29: Example of High-Grade Vein-Hosted Intercepts
Evergold 2023 Recon Drilling, DEM1 Prospect Example of High-Grade Vein-Hosted Intercepts DEM23-03, within interval from 339 to 340.5 metres: High-grade gold and high-grade cobalt: 29.5 g/t Au, 0.11% Co, 0.19% Cu, 42 g/t Te and 35,800 ppm As
Slide 30: Example of High-Grade Porphyry-Hosted Intercepts
Evergold 2023 Drilling, DEM1 Prospect Example of High-Grade Porphyry-Hosted Intercepts DEM23-02, within interval from 299 to 300 metres: high-grade molybdenum (0.82%), with associated gold (1.2 g/t), silver (8 g/t), rhenium (3.7 g/t) and arsenic (2,340 ppm)
Slide 31: Example of High-Grade Vein-Hosted Intercepts
Evergold 2023 Recon Drilling, DEM1 Prospect Example of High-Grade Vein-Hosted Intercepts DEM23-01, within interval from 78.6 to 78.9 metres: Typical massive sulphide vein (pyrrhotite, pyrite, chalcopyrite): 3.04 g/t Au, 189.5 ppm Co, 0.13% Cu, 14% Fe, 6% S, 5 ppm Te
Slide 32: February 2024 Magnetic Survey
February 2024 Magnetic Survey • An expanded 1490 line-km, high resolution heli-borne magnetic survey (right) was carried out in February 2024 over the entire 12,728-hectare DEM property • This survey revealed a large new target - designated ‘DEM2’ - of similar scale and geophysical character to the
Slide 33: 2024 Exploration Plans
2024 Exploration Plans • The shout-out DEM received to an overflow crowd at Roundup in January this year – uniquely so among all the projects highlighted – is instructive • The results returned from our tiny first pass drill program were highly encouraging, and the industry is watching • We look for
Slide 34: Evergold Capital Structure
Evergold Capital Structure Evergold Capitalization Ownership Positions (as at March 20, 2024) (Fully Diluted Basis, February 2024) Basic Shares 96,930,363 Warrants 22,666,970 24% Options 9,582,667 11% Fully Diluted Shares 129,180,000 65% Share Price $ 0.025 Market Cap - Basic $ 2,423,259 Institution