Slide 1: Galane Presentation
GALANE PRESENTATION October 2020 Website Presentation
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS Certain statements contained in this presentation constitute “forward-looking statements.” All statements other than statements of historical fact contained in this presentation, including, without limitation, those regarding Galane’s results of operations, strategy, plans, obj
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: Overview
OVERVIEW Mupane Mine REP OF UGANDA KENYA Location North-East District, Botswana THE GABON CONGO DEMOCRATIC REPUBLIC Mine Type Open pit and underground OF THE CONGO (ZAIRE) Mine Life 3+ years TANZANIA M&I Resources 414,374 oz Au Inferred Resources 219,765 oz Au ANGOLA MALAWI ZAMBIA Forecast Productio
Slide 5: Capital Structure
CAPITAL STRUCTURE TSXV:GG OTCQB:GGGOF 1.80% Capital Structure 39.10% Share Price C$0.24 Widely Held Basic Shares Outstanding 254,964,760 Mgmt/Insiders Stock Options1 12,700,000 Ex Galaxy Ownership Deferred Share Units 7,170,046 Breakdown Fully Diluted Shares Outstanding 274,834,806 Basic Market Capi
Slide 6: Management Team
MANAGEMENT TEAM Nicholas Brodie | CEO Gavin Vandervegt | Chief Financial Officer Executive with 23 years experience with increasingly Executive with over 15 years experience in mining in senior roles progressively senior roles Previously with Glencore-Katanga Mining (DRC), Metallon Previously with N
Slide 7: Mupane Gold Mines, Botswana
MUPANE GOLD MINES Botswana
Slide 8: Mupane Gold Mines - Over 750,000 oz Since 2005
MUPANE GOLD MINES - OVER 750,000 OZ SINCE 2005 Historical Operating Results 2011 – IamGold sells to Galane Gold 2015 2016 2017 2018 2019 A non-core, high cost ($1400+), short life (2013) mine owned by IamGold Ore Processed (000 tonnes) 810 908 740 831 733 Corp. Head Grade (g/t Au) 1.29 1.29 1.75 1.9
Slide 9: Mupane Mine: Exploration Potential
MUPANE MINE: EXPLORATION POTENTIAL Tati Greenstone Belt – Exploration Targets Galane owns ~90% of the highly prospective, 1,200 km2 Tati Greenstone Belt area Over 120 exploration targets have been generated from soil geochem and aero- magnetics work carried out $2 million expensed in 2019 and 2020 o
Slide 10: Galaxy Gold Mines, South Africa
GALAXY GOLD MINES South Africa
Slide 11: Overview of the Galaxy Mine
OVERVIEW OF THE GALAXY MINE Location 8 km west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa 58.6 km2 property is part of the prolific Barberton Greenstone Belt Operating History Gold prospecting dates back to the 1880s, whi
Slide 12: Galaxy Mine: Production and Exploration
GALAXY MINE: PRODUCTION AND EXPLORATION M&I Resources: 970,904 oz Au at average grade of 2.77 g/t Au Excellent potential to Inferred Resources: 1,409,764 oz Au at average grade of 2.62 g/t Au expand gold resources PEA: 43,000 oz per year @ AISC of $747 / oz to over 4.0 million oz Exploration will fo
Slide 13: Galaxy Current Status
GALAXY CURRENT STATUS 2015 – Acquired New 50k tonne In care and maintenance per month mill Galane saw the potential to transition to a low cost mechanized underground being installed operation producing concentrate. 2015-2018 – Optimisation of Plan and funding Designed new 50,000 tonne per month pla
Slide 14: Galaxy Mine: Location
GALAXY MINE: LOCATION Location in the Barberton Greenstone Belt Mining License Detail 3 distinct fault lines 21 Ore bodies Access to all ore bodies through 17L adit Processing plant at 17L adit Adjacent Mines: Mines located 30 km to 50 km from the Galaxy properties Pan African Resources’ Barberton G
Slide 15: Summary
SUMMARY
Slide 16: Reasons to Invest
REASONS TO INVEST Low cost production growth from Galaxy Highly experienced Operating improvements management team at the Mupane Mine Re-rating potential Substantial and leverage to exploration upside rising gold prices 16
Slide 17: Contact Information
CONTACT INFORMATION Ravi Sood CHAIRMAN ravi@galanegold.com +1 647 987 7663 Nick Brodie CHIEF EXECUTIVE OFFICER nick.brodie@galanegold.com +44 7905089878 Investor Relations investors@galanegold.com +44 7905089878 17