Riversgold Ltd. · ASX:RGL
Riversgold — RIU Sydney Resources Roundup 2018
28 slides from Riversgold's conference presentation, May 2018
Slide 1: Highly prospective exploration projects in world-class gold terranes
Highly prospective exploration projects in world-class gold terranes ASX:RGL RIU Sydney Resources Roundup - May 2018 Allan Kelly – Managing Director
Slide 2: Disclaimer/Forward Looking Statements
Disclaimer/Forward Looking Statements This presentation contains certain statements which constitute “forward-looking statements”. These statements include, without limitation, estimates of future capital expenditure; statements regarding the expectation or description of the prospectivity of the Ri
Slide 3: Riversgold – Investment Highlights
Riversgold – Investment Highlights New mineral explorer with all the key ingredients for success in place: People ▪ Experienced Board with track record of discovery, development and production Projects ▪ Highly prospective exploration projects in world-class gold terranes: • Eastern Goldfields, WA •
Slide 4: Corporate Snapshot
Corporate Snapshot ASX Symbol RGL Major Shareholders % Shares on Issue 83.7M Greenwich Equities 17.0 Market Cap. (@ $0.14) $11.7M Evolution Mining Ltd 15.1 Cash (Mar 18 Qtr) $3.9M Board/Management 10.1 Options ($0.20) 22.2M Top 20 Shareholders 64.3 Experienced Board with track record of discovery, d
Slide 5: Regular news flow since listing…
Regular news flow since listing… Date ASX Release 10/10/2017 Riversgold Commences Trading on ASX 17/10/2017 Kurnalpi Exploration Programs Underway 30/11/2017 Yilgani Drilling Outlines Large Regolith Gold Anomalies 18/12/2017 Yilgani Project - Exploration Update 08/01/2018 Yilgani Phase 2 Drilling Un
Slide 6: Project Portfolio
Project Portfolio Highly prospective gold projects with potential for year-round news flow Alaska 2018 Fraser Inst. Mining Survey (IRG) Cambodia (IRG) Kurnalpi (Orogenic gold) Churchill Dam (IOCG) IRG – Intrusion-Related Gold IOCG – Iron Oxide Cu-Au 6 RIU Sydney Resources Roundup May 2018
Slide 7: Extensive Drill Target Pipeline
Extensive Drill Target Pipeline Advanced Resource Project Target Generation Drill Testing Exploration Delineation East Target Yilgani West Target North Target Acra South Lady of the Lake Farr-Jones Kurnalpi North Reef Tank Well Queen Lapage Cutler Randell Hill* Venetian Alloy JV Round Hill Kurnalpi
Slide 8: Kurnalpi Projects
Kurnalpi Projects ▪ Large strategic land position 100km east of Kalgoorlie-Boulder, WA ▪ Gold exploration hot spot: • Breaker – Lake Roe • Apollo - Bombora • Kairos – Roe Hills ▪ Proximity to existing transport and processing infrastructure ▪ Drill ready targets along known mineralised trends • Nume
Slide 9: Yilgani Project
Yilgani Project ▪ 25km strike of “Yilgangi Fault” – regional structure which hosts Carosue Dam and Pinnacles gold deposits ▪ Possible folded repetition of Lake Roe Greenstone Belt? ▪ Large regolith gold anomalies outlined by aircore drilling ▪ West Target - bedrock gold target in similar structural
Slide 10: Yilgani - West Target
Yilgani - West Target ▪ Bedrock gold target associated with NE-trending structure – confirmed by recent gravity survey ▪ Structural setting analogous to Carosue Dam and Pinnacles ▪ 2.6km long zone of anomalous gold and pathfinder elements: • 8m @ 507ppb Au (YLAC0224) • 4m @ 145ppb Au (YLAC0356) • 4m
Slide 11: Queen Lapage
Queen Lapage ▪ 15km segment of mineralised “Randell Shear Zone” – mostly under shallow salt lake cover ▪ Along strike from Queen Lapage open pit gold mine ▪ Anomalous gold in sporadic historical drilling – open at depth and along strike ▪ Numerous NE-trending faults - felsic/sedimentary rocks untest
Slide 12: Cutler (RGL 100%)
Cutler (RGL 100%) ▪ 2km long zone of supergene gold in shallow RAB drilling: • 10m @ 11.0g/t Au (CUB50) • 2m @ 10.4g/t Au (CUR6) • 1m @ 8.21g/t Au (CUR8) ▪ Interpreted structure only tested with RC drilling on one section: • 6m @ 11.1g/t Au (CUR4) • 1m @ 2.32g/t Au (CUR4) • 2m @ 1.61g/t Au (CUR5) •
Slide 13: Farr-Jones
Farr-Jones ▪ Single section tested soil anomaly in 1992 ▪ Mineralised quartz vein in black shale extends >130m down dip: • 4m @ 1.40g/t Au • 5m @ 1.89g/t Au • 2m @ 4.71g/t Au ▪ Open at depth and untested along strike ▪ RC drilling planned once POW approved 13 RIU Sydney Resources Roundup May 2018
Slide 14: Ideally positioned for potential development
Ideally positioned for potential development 14 RIU Sydney Resources Roundup May 2018
Slide 15: Alloy JV
Alloy JV ▪ 2 EL’s on major structures ▪ Simple JV Structure* ▪ Paradise Patch Target: • Prospectors located nuggets on lake over 3km of strike (2003) • Intense sulphide and carbonate alteration in andesitic basalt • Anomalous gold results from shallow aircore drilling (2003-06) • Open to NW - along
Slide 16: Kurnalpi South
Kurnalpi South ▪ Large land position with numerous surface Au anomalies/minimal drilling ▪ Jaws • Folded BIF along strike from Maxwells/Cockeyed Bob deposits ▪ Round Hill • 16km gravity anomaly related to buried mafic rocks • Mostly undrilled • Infill gravity planned ▪ Angelfish Lake • 2.75g/t Au in
Slide 17: Intrusion-Related Gold (IRG)
Intrusion-Related Gold (IRG) Tintina Gold Province ▪ Can be very large (the “birthplace” of Intrusion-Related Gold) • Donlin Creek (39Moz M+I) • Fort Knox (7Moz prod’n ) • Pogo (280kozpa prod’n) ▪ Can also be high grade • Nixon Fork (18g/t Au) • Pogo (12g/t Au) Riversgold project area Generalised In
Slide 18: SW Alaska Projects
SW Alaska Projects ▪ 100% owned State of Alaska mining claims over 3 large IRG targets • Luna/Quicksilver • Kisa • Gemuk Mountain ▪ 190km south of giant Donlin Creek gold deposit (39Moz Au M+I) ▪ Historic placer gold mining area ▪ Dominant land position on splay fault off Denali-Farewell Fault ▪ Pro
Slide 19: The Alaskan Opportunity
The Alaskan Opportunity ▪ World-class gold endowment*: • 2.5% of world’s reserves • 40% of USA’s resources • 2nd largest producer in USA ▪ Established mining industry • 6 producing mines • 8 major projects underway ▪ Stable Federal/State governments ▪ Clearly defined land status and permitting proce
Slide 20: RIU Sydney Resources Roundup May 2018
20 RIU Sydney Resources Roundup May 2018
Slide 21: Quicksilver Luna East Luna
2017 DETAILED HELIMAG SURVEY Quicksilver Potential Au-Cu skarn Luna East mineralisation? Luna 21 RIU Sydney Resources Roundup May 2018
Slide 22: 2018 Alaska Field Season Objectives
2018 Alaska Field Season Objectives Planning well advanced for Jul-Aug field programme Project Luna/Quicksilver ▪ Grid IP/soil survey ▪ Project-scale mapping/rock chip sampling ▪ Diamond Drilling: • Luna • Luna East • Quicksilver • Skarn targets Gemuk ▪ Mapping ▪ Rock-chip/soil sampling ▪ (Helimags)
Slide 23: RIU Sydney Resources Roundup May 2018
23 RIU Sydney Resources Roundup May 2018
Slide 24: Churchill Dam, SA
Churchill Dam, SA ▪ Large IOCG target 90km south of Olympic Dam ▪ Highest amplitude part of 60km2 gravity anomaly remains untested ▪ Hematite-altered Gawler Range Volcanic basement in previous diamond drilling (similar to Acropolis IOCG deposit) ▪ Anomalous Cu-Au-U-REE’s ▪ Basement shallows to west
Slide 25: Cambodia IRG Applications
Cambodia IRG Applications ▪ Applications for Mineral Exploration Licences adjacent to 1.13Moz Okvau gold deposit ▪ Numerous Au-As- Sb-Bi soil anomalies ▪ Multiple high-grade rock chips >5g/t Au ▪ Shallow high-grade diamond drill results: • Antrong • O’thmey 25 RIU Sydney Resources Roundup May 2018
Slide 26: Target testing accelerating in 2018…
Target testing accelerating in 2018… 2018 Project Jun Sep Dec Yilgani GPX aircore +/-RC aircore +/-RC Cutler RC Kurnalpi North Farr-Jones RC Venetian Queen Lapage Kurnalpi South GPX GC aircore GC/GPX Alaska Luna/Quicksilver Kisa South Australia Churchill Dam News flow ✓ ✓ ✓ GC – geochem GPX - geophy
Slide 27: Riversgold - Summary
Riversgold - Summary ▪ Highly prospective exploration projects in world-class gold terranes: • Strategic landholding in Eastern Goldfields with numerous targets • Two Intrusion-Related Gold (IRG) terranes (Alaska and Cambodia) ▪ Experienced Board with track record of successful exploration, discover
Slide 28: www.riversgold.com.au
iversgold Ltd R au Id.com www.riversgo