Toubani Resources Limited Registered Shs · ASX:TRE
Toubani Resources Limited Registered Shs — Toubani Resources — Investor Presentation (September 2022)
28 slides from Toubani Resources Limited Registered Shs's investor presentation, September 2022
Slide 1: Expanding the Tip of the Iceberg
Expanding the Tip of the Iceberg September 2022 | TSX-V: TRE
Slide 2: Disclaimer
TSX-V: TRE Disclaimer This Presentation is for information purposes in connection with Toubani Resources Inc.’s known as “TRE” or the “Company”(s) preliminary business plan only. While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders,
Slide 3: Investment Case
TSX-V: TRE Investment Case De-risked project underwrites value; compelling value proposition Substantially de-risked project underwrites value 01 Definitive feasibility study complete, fully permitted, with large and growing resource base (3.14m oz @ 0.9g/t) Demonstrably undervalued compared to peer
Slide 4: Strategic Focus
TSX-V: TRE Strategic Focus Baseline defined – company now positioned for growth ✓ Complete ✓ Complete Current phase PHASE 01 PHASE 02 PHASE 03 PHASE 04 Technical Data Confirmation Corporate Clean Up and Grow Resource Through Project Optimization Consolidation Exploration and Development • Confirmato
Slide 5: Kobada Gold Project
TSX-V: TRE Kobada Gold Project Substantially de-risked project that underwrites company value Kobada Gold Project is located in the center of the Birimian greenstone belt, home to some of the largest mines in the region Large Landholding within the Siguiri basin, a multi-million-ounce production are
Slide 6: Kobada Gold Project
TSX-V: TRE Kobada Gold Project Solid economic base case – Modular and growth focused DFS 3.0Mtpa Open Pit – de-risked project with clear optimisation potential Key DFS outcomes and sensitivities (US$, unless otherwise specified) • Proven & Probable Ore Reserves increased to 1.2Moz Au Lower Case Base
Slide 7: Peer Benchmarking
TSX-V: TRE Peer Benchmarking Clearly undervalued relative to peers despite advanced asset EV/Resource trading comparables (LHS) (A$/oz) and total resource (RHS) (Moz)1,2,3 In construction 151 101 100 Based in Mali 8 88 80 78 6 71 Total resources (m oz) 62 EV/REsource (A$/oz) 60 55 5 40 35 3 24 19 19
Slide 8: Core Value Drivers
TSX-V: TRE Core Value Drivers Why the drill bit is so important to value proposition Selected peer comparables1 Selected West African transaction comparables Reserve (koz) Corporate actions validate large value potential for West African gold projects 7,000 Westcap: Market African A$1,389m Perseus I
Slide 9: Regional Geological Setting
TSX-V: TRE Regional Geological Setting All the ingredients to hold large scale gold deposits • Right rocks, right timestamp, high levels of metamorphism and multiple deformation events provide comprehensive plumbing system for fluid movements • Paleoproterozoic Baoule-Mossi domain (2210-2040 Ma) acc
Slide 10: Birimian Belt
TSX-V: TRE Birimian Belt Siguiri Basin has produced >8.4 Moz gold • Kobada Gold Project located about 75 km NE of Siguiri along the same structure and within the same Birimian metasedimentary rocks • Siguiri basin contains the ~6.4Moz Au Siguiri deposit (owned by AngloGoldAshanti) Kobada Gold Projec
Slide 11: Geology
TSX-V: TRE Geology Mali - a key producer in the Birimian Belt • The Birimian rocks are major sources of gold extending through Ghana, Côte d'Ivoire, Guinea, Mali and Burkina Faso • Mali is the 4th largest gold producer in Africa, and continues to increase gold output year on year • Major gold produc
Slide 12: Exploration – the best is yet to come
TSX-V: TRE Exploration – the best is yet to come Historical methodical exploration strategy Kobada MSZ 20km • Toubani Resources owns the following concessions: Faraba Shear (untested) o Kobada Concession – Mining Permit – valid until 2045 – 135.7 km² o Faraba Concession – Exploration Permit – valid
Slide 13: Kobada
TSX-V: TRE Kobada Part of a larger shear zone structure Confirmation of strike extension potential at Kobada Est, Gosso and Main Shear zone on adjacent properties Cora Gold • Neighboring concession to north-east drilling in same shear zone systems as Kobada • Solid drilling success and resource defi
Slide 14: Kobada Project
TSX-V: TRE Kobada Project Solid resource foundation on substantial drilling Project Overview Drill Target Priority • Over 153,469 m of historical drilling completed on the • Priority 1 – Kobada (MSZ) and Foroko conversion – Faraba property – predominantly within 5 km strike area 6,400 metres RC dril
Slide 15: Kobada Main Shear Zone (MSZ)
TSX-V: TRE Kobada Main Shear Zone (MSZ) Infill upside and step-out drilling – strike expansion potential Main Shear Zone overview • Only 5km of potential 20km strike length drilled along the Kobada MSZ Kobada MSZ • Step-out holes in 2019/20 drill campaign intersected high-grade gold Infill drill • P
Slide 16: Gosso Target
TSX-V: TRE Gosso Target Gosso Target Centre Growth Potential Outside of Initial Drilling Gosso Target South Infill deep DD drilling of Infill high conceptual Preliminary shallow drilling returned significant zones of gold mineralisation along strike grade gold targets along strike • The Company will
Slide 17: Kobada Est
TSX-V: TRE Kobada Est Mineralized shear zone structures – Mineralisation observed in artisanal pits - Kobada Est Shear Zone Old workings Target Kobada East Shear Similar structural setting and mineralisation to the Kobada MSZ: • NNE trending veins (parallel to the principal (dextral) shear) • E–W st
Slide 18: Kobada Est
TSX-V: TRE Kobada Est Auger drilling program Wide spaced Wide– spaced positive– results positiveinresults centerin ofcenter shear zone of shear zone Auger program • Completed 6,878m of shallow (<20m depth) auger drill holes over multiple fence lines spaced 200-400m • Auger drilling only used as an i
Slide 19: Faraba
TSX-V: TRE Faraba Extension of Kobada MSZ Evidence indicates identical structures and trends Significant evidence structural corridors have potential to host numerous Faraba “Kobada MSZ-style” discoveries • Multiple historical artisanal workings indicate shear zones continue from Kobada into Faraba
Slide 20: Mineral Resource & Ore Reserve Growth
TSX-V: TRE Mineral Resource & Ore Reserve Growth Clear demonstration of resource growth under new management – ounces expected to continue to grow through continued exploration New Management New Management 3,500 40% 3,144 Moz Au 1,400 144% 1,248 3,000 Moz Au 2,330 1,200 2,239 2,500 Moz Au Moz Au 1,
Slide 21: Case study – West African Resources (ASX:WAF)
TSX-V: TRE Case study – West African Resources (ASX:WAF) Value expansion through successful project development and strategic acquisition Indexed share price (ASX:WAF) and gold price performance (in USD terms) since Jan-16 2,500 Acquisition of • ASX:WAF Mkt Cap - A$1.36Bn1 6.8Moz Kiaka Au Maiden Min
Slide 22: Execution Plan
TSX-V: TRE Execution Plan Resource upgrade to 3.14 Moz Delivered positive metallurgical results from comprehensive sulphide testwork Proven & Probable Reserve increased to 1.2 Moz Life of Mine increased to 16 years Feasibility Study demonstrates strong economics Renew ESIA license Focus on growing r
Slide 23: Appendix
yy TOUBANI RESOURCES Appendix
Slide 24: Experienced Board of Directors And Credible Management
TSX-V: TRE Experienced Board of Directors And Credible Management Jan-Erik Back | Chairman Former Chief Investment Officer for Eurasian Resources Group with a specific focus on the financing and development of copper and cobalt assets in Africa. Mr. Back has extensive experience in financial markets and
Slide 25: Republic of Mali
TSX-V: TRE Republic of Mali Africa’s 4th largest gold producer – and growing Stable and mining friendly jurisdiction • Transparent system of mineral and surface title • Political and social support of mining with stated ambitions to develop mineral resources • Mining industry is one of the largest c
Slide 26: Kobada Project Mineral Resource Estimate 2021
TSX-V: TRE Kobada Project Mineral Resource Estimate 2021 Tonnes Tonnes Less Geological Loss Au Au Au Mineral Resource Classification Mt Mt g/t kg Koz Measured 22.65 21.40 0.83 17,784 572 Indicated 44.81 40.15 0.88 35,425 1,139 Measured and Indicated Total 67.46 61.54 0.86 53,209 1,711 Inferred Total
Slide 27: Kobada Project Mineral Reserve Estimate 2021
TSX-V: TRE Kobada Project Mineral Reserve Estimate 2021 Recovered Ounces Category Material Ore (kt) Grade (g/t) In Situ Ounces (Koz) (Koz) Laterite 336 0.77 8.4 8.1 Saprolite 12,279 0.84 326.9 315.4 Proven Transition 1,777 0.83 46.8 42.4 Sulphide 5,870 0.74 139.6 133.2 Subtotal 20,263 0.81 521.7 499
Slide 28: Corporate Office
Corporate Office: Toubani Resources 100 King Street West, #1600 Toronto, Ontario, Canada September 2022 | TSX-V: TRE M5X 1G5 Email: info@toubaniresources.com
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