Headwater Gold, Inc. · CSE:HWG
Headwater Gold — Investor Presentation (January 2023)
34 slides from Headwater Gold's investor presentation, January 2023
Slide 1: Corporate Presentation Q4 2022
ENTERPRISING TEAM USING QUALITY GEOSCIENCE TO EXPLORE FOR HIGH-GRADE PRECIOUS METALS IN THE WESTERN USA CSE: HWG │ OTCQB: HWAUF CORPORATE PRESENTATION HEADWATERGOLD.com Q4 2022
Slide 2: Cautionary Statement
Cautionary Statement CSE: HWG & OTCQB: HWAUF This presentation includes certain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historica
Slide 3: Executive Summary
Spring Peak Project, Nevada EXECUTIVE SUMMARY CSE: HWG & OTCQB: HWAUF Focused on the discovery of high-grade precious metal deposits in the Great Basin region of the mining friendly Western United States Technically-driven team composed of geoscientists with diverse exploration, mining, and capital
Slide 4: Capital Structure
CAPITAL STRUCTURE Ownership Trading Symbols: • CSE: HWG │ OTCQB: HWAUF Shares Outstanding • 55,014,115 36.6% 53.5% Options & Warrants Outstanding • Options: 5,500,000 • Warrants: None 9.9% Equity Investments • Huntsman Exploration Inc. (HMAN.V) 8,450,000 shares • Elevation Mining Corp. (ELVT.V) 90,8
Slide 5: 2021-2022 Key Milestones for Headwater
2021-2022 KEY MILESTONES FOR HEADWATER Q2 2021 Q3 2021 Q3 - Q4 2021 Q3 2022 HWG Public Listing PROJECT ACQUISITIONS 4 PROJECTS DRILLED STRATEGIC PARTNER Completion of public listing on the Negotiated and signed two key New discovery at Katey 4 earn-in agreements signed CSE under the ticker HWG.CN in
Slide 6: Board of Directors
BOARD OF DIRECTORS Caleb Stroup Alistair Waddell Wendell Zerb President & CEO Chairman Director BSc & MSc Geology BSc (Hons.), MAusIMM BSc P. Geol • Geologist with over 15 years experience in • Geologist with over 25 years of diverse mineral • Over 30 years of experience in capital markets, mining a
Slide 7: Management & Technical Team
MANAGEMENT & TECHNICAL TEAM Caleb Stroup Dr. Greg Dering Randy Vance Dr. Andrew Canada President & CEO Vice President Exploration Chief Geologist Exploration Geologist BSc & MSc Geology BSc & PhD Geology BSc & MSc Geology BSc & PhD Geology • Geologist with over 15 years experience in • Structural ge
Slide 8: Exploration Strategy
EXPLORATION STRATEGY “Grade is King” High-grade epithermal vein focus: Boots on the ground direct targeting using proven geologic methods Identify and acquire 100%-owned projects, with little or no royalty burden, using quality geoscience Drill early – Bring to decision point as quickly and cost-eff
Slide 9: High-Grade Vein Focus Epithermal Model
HIGH-GRADE VEIN FOCUS EPITHERMAL MODEL “Bonanza” epithermal vein deposits among the highest-grade and most profitable gold deposits in the world Examples in the Western USA : Midas Sleeper Aurora Comstock Historic exploration has been largely focused on near-surface bulk tonnage targets Unte
Slide 10: Why the Western USA?
WHY THE WESTERN USA? Mining-friendly region with strong mining culture Nevada ranked #1 & Idaho ranked #9 for mining investment attractiveness(*) (*) Fraser Institute, 2020 Global review Logistically simple, low-cost exploration with a highly experienced local team in place One of the highest gold e
Slide 11: Idaho-Oregon Projects
IDAHO-OREGON PROJECTS Headwater is an early mover into this highly prospective, under-explored region 100%-owned gold projects, minimal royalty 3 burden (most projects are royalty-free) High-grade gold discovered on surface with very limited drilling Un-drilled high-grade mercury systems with 4 unte
Slide 12: Katey Project Oregon
KATEY PROJECT OREGON Headwater 100% Owned Linear rhyolite flow dome setting hosting alteration and shallow high-grade gold 100%-owned, royalty-free, 1,204 hectares, 144 unpatented claims on BLM land Located 50 km NW of Integra Resources’ DeLamar deposit Limited shallow 1988-1990 drilling encountered
Slide 13: Katey Project Oregon
KATEY PROJECT OREGON Headwater 100% Owned High-grade gold encountered in first drill hole KT21-01 which intersected 14.54 m at 4.86 g/t gold including 23.6 g/t gold over 1.95 m Initial Headwater drill program at Katey consisted of two scout diamond core drill holes(*) Follow-up program to include mu
Slide 14: Katey Project Oregon
KATEY PROJECT OREGON Headwater 100% Owned High-grade gold encountered in first drill hole KT21-01 which intersected 14.54 m at 4.86 g/t gold including 23.6 g/t gold over 1.95 m A A’ The KT21-01 intercept lies directly below a zone of low-grade near surface gold intersected in historic drilling and i
Slide 15: Crane Creek Project Idaho
CRANE CREEK PROJECT IDAHO Headwater 100% Owned Fully-preserved epithermal vein system with multiple high-grade targets, open pit and underground potential 100% interest in a commanding land package totaling 1,240 hectares Gold-bearing epithermal quartz veins at surface Shallow historic drilling poin
Slide 16: Crane Creek Project Idaho
CRANE CREEK PROJECT IDAHO Headwater 100% Owned Planned 2022 drill test of high-grade vein potential Mercury cap within and beneath shallowly-defined mineralization (projected) Vein Photo A and 8.34 g/t Au Rock Sample Targeting basalt-hosted high-grade veins at depths > 100 m Drill permits submitted
Slide 17: Crane Creek Project Idaho
CRANE CREEK PROJECT IDAHO Headwater 100% Owned Widespread gold Strong mercury anomaly represents minimally Robust arsenic highlights anomaly extends far locus of fluid flux within a beyond historic drilling eroded upper level of the hydrothermal cell NNW-trending fault corridor
Slide 18: Newcrest Earn-In Projects
NEWCREST EARN-IN PROJECTS Newcrest to earn up to a 75% interest individually in Mahogany, Agate Point, Midas North, and Spring Peak Projects for cumulative earn-in exploration expenditures of US $145,000,000 and Pre-Feasibility Studies Newcrest to sole fund US $8,500,000 in exploration expenditures
Slide 19: Spring Peak Nevada
SPRING PEAK NEVADA Newcrest Earn-In Project Large and under-explored gold system HECLA’S AURORA with a clear analog next door at Hecla’s MINE OPERATIONS approx. 1.9 Moz Au, (1) Aurora Mine 20.6 Moz Ag past production Exploration program 100% funded by Newcrest Commanding land position in an establis
Slide 20: Spring Peak Nevada
SPRING PEAK NEVADA Newcrest Earn-In Project Multiple high-grade gold veins in initial assays from 2022 drill program, following up 2021 vein discovery in scout drilling In 2022 Headwater completed 10 drillholes – 3,173 m total; Including first-ever core drilling at Spring Peak Disco Zone: High-grade
Slide 21: Spring Peak Nevada
SPRING PEAK NEVADA Newcrest Earn-In Project 2022 core drilling confirms multiple high-grade epithermal veins; additional assays pending All four holes intersected the vein target as planned, confirm vertical continuity of the Disco Zone target Table 1: Drill results from core portion of SP22-13, Spr
Slide 22: Midas North Nevada
MIDAS NORTH NEVADA Newcrest Earn-In Project Large under-explored precious metal system with a clear analog immediately south at Hecla’s Midas Mine Under earn-in agreement with Newcrest Large, royalty-free land position, 3100 hectares, 410 unpatented claims on BLM Large, un-drilled epithermal alterat
Slide 23: Midas North Nevada
MIDAS NORTH NEVADA Newcrest Earn-In Project Undrilled alteration cell represents rare brownfields exploration opportunity along strike in a prolific high-grade Nevada mining district Widespread areas of highly-anomalous mercury geochemistry, a key pathfinder element for epithermal vein exploration T
Slide 24: Midas North Nevada
MIDAS NORTH NEVADA Newcrest Earn-In Project Textures and initial geochemistry in opaline silica and sinter indicate local high-energy near vent environments 2022 program planned to include: • Additional geologic and sinter facies mapping • Detailed prospecting and rock chip sampling Layered opaline
Slide 25: Mahogany Idaho-Oregon
MAHOGANY IDAHO-OREGON Newcrest Earn-In Project High-level epithermal system with high-grade gold at the surface Under earn-in agreement with Newcrest 2185 hectares, 273 unpatented claims on BLM land Located 20 km northwest of Integra Resources’ DeLamar deposit High gold values in Headwater outcrop r
Slide 26: Mahogany Idaho-Oregon
MAHOGANY IDAHO-OREGON Multiple zones of anomalous gold Newcrest Earn-In Project encountered in greenfields scout drilling program First-pass drill program, totaling 810m, confirms presence of structurally-controlled high-grade gold zones Core orientation data reveals the importance of northwest- and
Slide 27: Agate Point Nevada
AGATE POINT NEVADA Newcrest Earn-In Project Large alteration cell with high-grade vein potential in a prolific epithermal belt in northern Nevada Under earn-in agreement with Newcrest Royalty-free, 1850 hectares, 233 unpatented claims on BLM land Located on the Western Nevada Rift, 50 km along trend
Slide 28: Why Invest?
WHY INVEST? 1. QUALITY JURISDICTION High-grade gold and silver exploration in the mining-friendly Western USA 2. EXPERIENCED TEAM WITH LOCAL PRESENCE Strong capital market expertise combined with a diverse, highly experienced Western US technical team 3. STRATEGIC PARTNERSHIP WITH NEWCREST Fou
Slide 29: Appendix: Additional Projects
APPENDIX: ADDITIONAL PROJECTS CSE: HWG & OTCQB: HWAUF 29
Slide 30: Matador Project Idaho
MATADOR PROJECT IDAHO Headwater 100% Owned Strong high-level epithermal alteration associated with dacite dome field Headwater Grab Samples 100%-owned, royalty-free, 245 hectares 30 unpatented claims on BLM land Located 55 km northwest of Integra Resources’ DeLamar deposit Large historic mercury dis
Slide 31: Opaline Gulch Project Idaho
OPALINE GULCH PROJECT IDAHO Headwater 100% Owned Robust epithermal alteration footprint and high-grade mercury 100%-owned, royalty-free, 250 hectares 31 unpatented claims on BLM land Located 40 km north of Integra Resources’ DeLamar deposit Large epithermal system with historic mercury and clay Head
Slide 32: Dome Hill Project Nevada
DOME HILL PROJECT NEVADA Headwater 100% Owned High-grade gold at surface with upside under shallow cover in a prolific epithermal belt 100%-owned, royalty-free, 210 hectares 26 unpatented claims Located 20 km northwest of Hecla’s Aurora deposit Volcanic-hosted intermediate to high-sulfidation system
Slide 33: Long Valley Project Nevada
LONG VALLEY PROJECT NEVADA Headwater 100% Owned Under-explored district in a prolific epithermal belt with high-grade gold at surface 100%-owned, royalty-free, 235 hectares 29 unpatented claims on BLM land Located 50 km south of Paradise Peak Mine Historic rock chip samples up to 9.7 g/t Au Drilling
Slide 34: Contact
CONTACT Caleb Stroup Alistair Waddell Brennan Zerb President & CEO Chairman Investor Relations Manager Tel: +1-507-313-1480 Tel: +1-604-681-9100 Tel: +1-778-867-5016 cstroup@headwatergold.com alistair@headwatergold.com bzerb@headwatergold.com 6170 Mae Anne Avenue 1130 West Pender Street 1130 West Pe
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