Slide 1: Corporate Presentation: The El Pinguico Silver & Gold Project
CORPORATE PRESENTATION │ August 2020 Guanajuato, Mexico The El Pinguico Silver & Gold Project el tiempo es ahora │ the time is now 1 TSX.V: VGLD │ OTC: VGLDF
Slide 2: El Pinguico Silver & Gold Project
El Pinguico Silver & Gold Project Historically, this 400 ton per day mine was owned by NYSE listed “Pinguico Mines Company” until operations ceased in 1913 due to the Mexican Revolution. “…rich shoots are seldom found in nature to recur so often in any mine as they are found here.” ~ Professor Rober
Slide 3: El Pinguico Today
El Pinguico Silver & Gold Project El Pinguico Today: The mine is located just 7km from the city of Guanajuato. Recently, VanGold sent 1039 tonnes of mineralized material from its surface stockpile to Endeavour Silver’s nearby mill for processing and testing. This test was done with material consider
Slide 4: El Pinguico Shaft Access
El Pinguico Silver & Gold Project The El Pinguico Shaft is 230m in depth. 30m of material will be cleared away in August to provide further access to the underground stockpile, and to areas of high grade vein exposures within the mine. el tiempo es ahora │ the time is now 4
Slide 5: El Pinguico Silver & Gold Mine
El Pinguico Silver & Gold Mine El Pinguico was mined on ten levels, with three major shafts. ~ Today the mine is accessed from the El Carmen adit (green line below). From the portal one can walk 800m to access the underground stockpile (blue), and the El Pinguico shaft. ~ Vangold plans to clear the
Slide 6: Underground Stockpile
El Pinguico Underground Stockpile • Material mined at El Pinguico circa 1913. • Vangold engineers are evaluating different scenarios to bring the material to surface. • Much higher grade than the surface material. The Pinguico Mine is the most remarkable development of recent years in the Camp of Gu
Slide 7: Historical Underground Sampling
El Pinguico Historical Underground Sampling Mexican Geological Survey High-grade silver and gold Colmillo stope channel sampling ~ 1909(1) Sample Size Au (g/t) Ag (g/t) AuEq (g/t) (m) 0.8 1.0 108 2.0 0.7 23.0 3858 60.0 Sample Au Ag AuEq 0.8 16.7 3054 46.0 Size (m) (g/t) (g/t) (g/t) 0.7 3.7 615 9.6 0
Slide 8: The High Grade Potential: 3D Model
El Pinguico The High Grade Potential 3D Model – Planimetric View Don Filipe Target LEGEND Surface and Underground Sampling Au g/t > 10 5 - 10 Don Ricardo Target 3 –5 1 –3 0.5 – 1 0.1 – 0.5 0 – 0.1 Proposed Drill Don Ernesto Program Target Veins 3D Wireframe Underground Workings 0 500 1000 1500 Meter
Slide 9: Target Area - Don Ricardo
El Pinguico Target Area 2 - Don Ricardo; to be drilled from underground Don Ricardo Underground Proposed PG-20-H to PG-20-L LEGEND Surface Proposed Surface and Underground Underground Proposed PG-20-B Sampling PG-20-C to PG-20-E Au g/t > 10 5 - 10 3 –5 1 –3 0.5 – 1 0.1 – 0.5 0 – 0.1 Proposed Drill P
Slide 10: The El Pinguico Gold & Silver Mine
The El Pinguico Gold & Silver Mine Just sixty years after Columbus sailed for the New World, Guanajuato became a dominant force in the production of Silver. From 1760 to 1810, the region often produced 20% of the world’s silver – principally from the extraordinarily rich “Veta Madre” or Mother Vein.
Slide 11: The State and City of Guanajuato, Mexico
The State and City of Guanajuato, Mexico 21st century silver and gold mining is an important part of the state's economy. ✓Guanajuato: Mexico’s most beautiful city ✓ Guanajuato: A UNESCO world heritage city ✓ Guanajuato: A long and rich history of mining el tiempo es ahora │ The time is now 11
Slide 12: Guanajuato Active Mining Locations
Guanajuato Active Mining Locations Endeavour Silver’s Bolanitos mine and mill (28km from Pinguico) Great Panther's GTO Complex mine and mill (10km from Pinguico) Great Panther's San Ignacio Mine Endeavour ( Silver’s El Cubo mine Fresnillo Plc.’s and mill Las Torres mine (5km from and mill Pinguico)
Slide 13: The High Grade Potential
El Pinguico The High Grade Potential ✓ The El Pinguico mine was the highest grade mine in Guanajuato from the early 1890s until 1913. ✓ Mining was exclusively from the El Pinguico and El Carmen veins systems, which are thought to be splays or extensional features off the Mother Vein, which may cross
Slide 14: Guanajuato Veta Madre – The Mother Vein
Guanajuato Veta Madre – The Mother Vein • Veta Madre is a regional fault structure, observable for over 25km, and responsible for +/-1.5 billion ounces of silver production. • Vangold also holds the large Patito I and Patito II concessions to the south. “ …the rock in which the Pinguico ore occurs …
Slide 15: Plan Map showing El Pinguico vein as a splay from Veta Madre
El Pinguico Plan Map showing El Pinguico vein as a splay from Veta Madre The Mother Vein outcrops to the east, and was mined at Las Torres to within 250m of our claim boundary; it is projected to cross Vangold’s claim block between 400m and 600m from surface. At Las Torres, the Mother Vein stopes av
Slide 16: Drilling for the Veta Madre
El Pinguico Drilling for the Veta Madre 3D Model – Section Slice Looking NW Approximate surface expression of Veta Madre Vein Proposed SurfacePG-20-A ip °D 43 LEGEND The Veta Madre Proposed Drill Program Target Veins 3D Wireframe 0 300 600 900 Meters The Valenciana and La Luz ore bodies were hidden
Slide 17: Table Regarding Market Capitalization
El Pinguico Table Regarding Market Capitalization Share Total Directors 18,119,500 Advisors 3,795,000 Total Issued 104,507,351 Market Cap. (August 17th) (Exercisable at .10 Exp. 2021) 8,754,950 Warrants (Exercisable at .25 Exp. 2022) 12,770,816 (Exercisable at .50 Exp. 2021/22) 9,503,600 Options (Ex
Slide 18: Table Regarding Cash Position
El Pinguico Table Regarding Cash Position Treasury (Upon Exercise) Cash at 8/15/20 $5,100,000 With Warrants 10 cent Series $875,495 Exercised 25 cent Series $3,192,704 50 cent Series $4,751,800 With Options Exercised $213,750 Fully Diluted $14,133,749 el tiempo es ahora │ The time is now 18
Slide 19: Board of Directors
El Pinguico Board of Directors James Anderson Mr. Anderson serves on the Board of Directors of NuLegacy Gold Corporation after serving as its CEO for 7 years from 2012 until April, 2019. Mr. Anderson also serves on the BOD of Orestone Chairman & CEO Mining Ltd. Mr. Anderson's career in the financial
Slide 20: Advisory Board and CFO
El Pinguico Advisory Board and CFO Stuart “Tookie” Angus Mr. Angus is an independent business advisor to the mining industry. For the past 30 years, Mr. Angus has focused on structuring and financing significant international exploration, development and mining ventures. Mr. Angus is the former chai
Slide 21: Forward Looking Statements
The El Pinguico Gold & Silver Project Forward Looking Statements DISCLAIMER - This presentation provides information in summary form only and is not intended to be complete. Although Vangold has made reasonable efforts to ensure the accuracy of the information in this presentation, there may be inad
Slide 22: The El Pinguico Endnotes
The El Pinguico Endnotes: Note 1: Historical assays have not been verified and should not be relied upon. They are presented as an indication of possible silver and gold mineralization within the Colmillo stope near the underground stockpile and as a guide for future work. Note 2 – Surface Stockpile
Slide 23: The El Pinguico Silver & Gold Mine
el tiempo es ahora the time is now Guanajuato, Mexico The El Pinguico Silver & Gold Mine 23 TSX.V: VGLD │ OTC: VGLDF