Riversgold Ltd. · ASX:RGL
Riversgold — Investor Presentation (April 2018)
32 slides from Riversgold's investor presentation, April 2018
Slide 1: Highly prospective exploration projects in world-class gold terranes
Highly prospective exploration projects in world-class gold terranes ASX:RGL Investor Update – April 2018
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) $11.3M Evolution Mining Ltd 15.1 Cash (Dec 17 Qtr) $4.5M Board/Management 10.1 Options ($0.20) 21.8M Top 20 Shareholders 64.3 Experienced Board with track record of discovery, de
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 08/11/2017 The Luna/Quicksilver Project - AMA Convention 2017 30/11/2017 Yilgani Drilling Outlines Large Regolith Gold Anomalies 18/12/2017 Yilgani Proje
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 Investor Update - April 2018
Slide 7: Extensive Drill Target Pipeline
Extensive Drill Target Pipeline Advanced Resource Project Target Generation Drill Testing Exploration Delineation West Target Yilgani North Target East Target Acra South Lady of the Lake Reef Tank Well Farr-Jones* Kurnalpi North Cutler Venetian Queen Lapage Randell Hill* Alloy JV Round Hill Kurnalpi
Slide 8: Kurnalpi, WA
Kurnalpi, WA ▪ 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 mills and proposed haul roads ▪ Drill ready targets along known mineralised trends • Numerous auger/surf
Slide 9: Yilgani
Yilgani ▪ 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 ▪ Potential bedrock target related to NE-trending structure in str
Slide 10: Yilgani
Yilgani ▪ Aircore drilling outlines a potential bedrock gold target associated with NE-trending structure – confirmed by recent gravity survey* ▪ Interpreted fault cross-cuts local geology and surficial features ▪ Similar structural setting to Carosue Dam and Pinnacles deposits with dilational jog i
Slide 11: Kurnalpi North
Kurnalpi North ▪ Queen Lapage • 15km segment of major regional structure with anomalous gold under lake ▪ Cutler (new acquisition)* • 2km long mineralised structure with high-grade drill results ▪ Farr-Jones • Mineralised quartz vein (2m @ 4.71g/t Au) in black shale with only one section of drilling
Slide 12: Queen Lapage
Queen Lapage ▪ 15km strike of mineralised Randell Shear Zone – mostly under shallow lake cover ▪ Along strike from Queen Lapage open pit gold mine ▪ Anomalous gold in historical aircore drilling – open at depth and along strike ▪ Numerous NE-trending late brittle faults - felsic/sedimentary rocks un
Slide 13: Cutler
Cutler ▪ 100% acquisition of E25/550* ▪ 2km long zone of supergene gold: • 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) • 1m @
Slide 14: Farr-Jones
Farr-Jones ▪ Single drill section tested soil Au anomaly in 1992 ▪ Mineralised quartz vein extends over at least 130m of dip extent: • 4m @ 1.40g/t Au from 74m • 5m @ 1.89g/t Au from 96m • 2m @ 4.71g/t Au from 143m ▪ Remains open at depth and untested along strike ▪ RC programme planned once tenemen
Slide 15: Well positioned for potential development
Well positioned for potential development 15 Investor Update - April 2018
Slide 16: Kurnalpi South
Kurnalpi South ▪ Large under-explored land position with numerous soil/auger Au anomalies and minimal drilling ▪ Jaws (E25/539 pending grant) • Folded BIF along strike from Maxwells/Cockeyed Bob deposits • Close to proposed Aldiss haul road ▪ Round Hill • 16km gravity anomaly related to buried mafic
Slide 17: Alaskan Projects
Alaskan Projects ▪ 100% owned State of Alaska mining claims over 3 IRG targets • Luna/Quicksilver • Kisa • Gemuk Mountain ▪ 190km south of giant Donlin Creek gold deposit (45Moz Au) ▪ Dominant land position on splay fault off Denali-Farewell Fault ▪ Historic placer gold mining area ▪ Proprietary reg
Slide 18: 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 19: 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 20: Investor Update - April 2018
20 Investor Update - April 2018
Slide 21: Quicksilver Luna East Luna
2017 DETAILED HELIMAG SURVEY Quicksilver Potential Au-Cu skarn Luna East mineralisation? Luna 21 Investor Update - April 2018
Slide 22: Luna – Luna East
Luna – Luna East Luna stockwork outcrop High-grade rock chips related to stockwork within sediments at Luna and outcropping massive sulphides at Luna East Luna East massive sulphides 22 Investor Update - April 2018
Slide 23: Quicksilver
Quicksilver Porphyry dyke intruding sediments High-grade rock chips related to extensive dykes and veining Felsic dykes in hornfelsed sediments 23 Investor Update - April 2018
Slide 24: Gemuk Mountain
Gemuk Mountain* ▪ 100% owned state mining claims pegged over outcropping high- grade gold mineralisation ▪ Along strike from Luna-Quicksilver ▪ Government rock chip sampling: • 71-100g/t Au with 27-36% Sb • Elevated Ag, As and Bi ▪ Quartz-stibnite-arsenopyrite veining at the contact between biotite
Slide 25: 2018 Alaska Field Season Objectives
2018 Alaska Field Season Objectives Budgeting and planning well advanced for Jul-Aug field programmes Project Luna/Quicksilver ▪ Grid IP/soil survey ▪ Project-scale mapping ▪ Drilling: • Luna • Luna East • Quicksilver • Skarn targets Gemuk ▪ Helimags ▪ Rock-chip/soil sampling Kisa ▪ Drilling: • Gold
Slide 26: Investor Update - April 2018
26 Investor Update - April 2018
Slide 27: Kisa – “Golden Dyke”
Kisa – “Golden Dyke” ▪ 4km long outcropping mineralised felsic dyke swarm along regional “Aniak Lake Fault” ▪ Widespread IRG mineralisation: • multiple rock chips 0.5 - 8g/t Au with As, Sb, Bi +/- Cu • anomalous soils on backslope ▪ Never drilled ▪ Plan to drill test outcropping dyke swarm using exi
Slide 28: Churchill Dam, SA
Churchill Dam, SA ▪ Large IOCG target 90km south of Olympic Dam with 60km2 gravity anomaly, hematite- altered GRV and anomalous Cu-Au-U-REE’s in previous drilling 28 Investor Update - April 2018
Slide 29: Cambodia IRG Projects
Cambodia IRG Projects Applications for four areas adjacent to 1.13Moz “Okvau” IRG deposit 29 Investor Update - April 2018
Slide 30: Target testing accelerating…
Target testing accelerating… 2018 Project Jun Sep Dec Yilgani Aircore/RC Cutler RC Kurnalpi North Farr-Jones RC Queen Lapage Kurnalpi South GPX GC D GC/GPX Alaska Luna/Quicksilver Kisa Churchill Dam Churchill Dam News flow ✓ ✓ ✓ GC – geochem GPX - geophysics D – drill program (subject to approvals)
Slide 31: 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 terranes (Alaska and Cambodia) ▪ Experienced Board with track record of successful discovery, development and
Slide 32: www.riversgold.com.au
iversgold Ltd R au Id.com www.riversgo