Headwater Gold, Inc. · CSE:HWG
Headwater Gold — Investor Presentation (July 2023)
26 slides from Headwater Gold's investor presentation, July 2023
Slide 1: Exploring for High-Grade Gold in the Western USA
EXPLORING FOR HIGH-GRADE GOLD CSE: HWG IN THE WESTERN USA OTCQB: HWAUF HEADWATERGOLD.com Q3 2023
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT This presentation includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein
Slide 3: Why We Are Different?
WHY WE ARE DIFFERENT? Early Drill Success With Tight Share Structure & Leverage to Upside Hybrid Business Model – Explorer & Project Generator Strong Local Technical Team With Major Company Experience Newcrest Mining Strategic Partnership: Earn-In Agreements on Four Projects CSE: HWG & OTCQB: HWAUF
Slide 4: Board of Directors and Technical Team
BOARD OF DIRECTORS Caleb Stroup Alistair Waddell Wendell Zerb Tero Kosonen Graeme Currie President & CEO Chairman Director Director Director MSc Geology BSc (Hons.), MAusIMM BSc P. Geol MSc (Econ.) Kinross, Nova Gold Kinross, GoldQuest, AngloGold Exeter, Canaccord, PI Financial NewQuest Capital Cana
Slide 5: Capital Structure
CAPITAL STRUCTURE Market Cap Shares Outstanding $18M 62,114,115 Options & Warrants Cash Outstanding 57.2% $3.5M Options: 5,850,000 32.9% Warrants: 3,644,960 9.9% Low Burn Rate Collecting Management Fee From Newcrest Headwater Gold is a NewQuest Capital Group company MANAGEMENT & Visit: www.nqcapital
Slide 6: High-Grade Vein Focus Epithermal Model
HIGH-GRADE VEIN FOCUS EPITHERMAL MODEL “Bonanza” epithermal vein deposits among the highest-grade and most profitable gold deposits in the world Examples in the Western USA : ▪ Midas ▪ Sleeper ▪ Aurora ▪ Comstock Historic exploration was largely focused on near-surface bulk tonnage targets Un-tested
Slide 7: Key Milestones for Headwater
KEY MILESTONES FOR HEADWATER Q2 2021 Q3 – Q4 2021 Q3 2022 Q3 – Q4 2022 HWG PUBLIC TWO NEW GOLD NEWCREST RAPIDLY ADVANCING LISTING DISCOVERIES PARTNERSHIP THE PORTFOLIO Phase 2 Spring Peak Drilling: Completion of public listing on the Spring Peak Project Earn-in agreement up to 34.72 m at 2.73 g/t Au
Slide 8: Stock Performance – Previous 12 Months
STOCK PERFORMANCE – PREVIOUS 12 MONTHS 9th January 2023 Headwater Gold Reports High-Grade Gold from Multiple Veins in Initial Assays from Drill Hole SP22-13, Spring Peak Project, Nevada Click Here for the Full Release 16th August 2022 HWG +123% Headwater Gold and Newcrest Mining Sign Four Earn-In Ex
Slide 9: Hybrid Discovery Model
Headwater Funded Exploration Headwater is systematically exploring seven 100% owned projects: • High-quality projects with little or no royalty burden • Actively acquiring new exploration opportunities • Direct upside for shareholders upon exploration success HYBRID DISCOVERY MODEL • Leverage for sh
Slide 10: Spring Peak Nevada
SPRING PEAK NEVADA Newcrest Earn-In Project Rapidly advancing new high-grade discovery with a clear analog next door at Aurora Mine Exploration program 100% funded by Newcrest pursuant to earn-in agreement Multiple new high-grade discoveries: Disco Zone: 15.92 g/t Au over 2.38 m Opal Ridge: 16.4 g/t
Slide 11: Spring Peak Nevada – Disco Zone Discovery
SPRING PEAK NEVADA Newcrest Earn-In Project New Disco Zone Discovery 2022 Drill Program - Ten holes, funded by Newcrest • Four of ten hit greater than 15 g/t Au • Seven of ten hit interval with greater than 1 g/t Au • New high-grade Opal Ridge discovery CSE: HWG & OTCQB: HWAUF 11
Slide 12: Lodestar Project Nevada
LODESTAR PROJECT NEVADA Newcrest Earn-In Project Preserved high-level epithermal alteration with analogous geologic features to Headwater’s Spring Peak Property Exploration program 100% funded by Newcrest pursuant to earn-in agreement Immediately adjacent to Hecla’s past-producing high- grade Aurora
Slide 13: Midas North Nevada
MIDAS NORTH NEVADA Newcrest Earn-In Project Large under-explored precious metal system Epithermal Alteration with a clear analog at Hecla’s Midas Mine Exploration program 100% funded by Newcrest Large, un-drilled epithermal alteration cell immediately north of and adjoining Hecla Mining Company’s Mi
Slide 14: 100% Owned Self-Funded Projects
100% OWNED SELF-FUNDED PROJECTS Seven self-funded and 100% owned exploration projects High-grade gold discovered by Headwater at Katey Project – To be followed up in 2023 Multiple projects with drill-ready epithermal vein targets Actively generating new projects and discovery opportunities CSE: HWG
Slide 15: Katey Project Oregon
KATEY PROJECT OREGON Headwater 100% Owned High-grade gold encountered in first drill hole KT21-01 which intersected 14.54 m at 6.34 g/t gold including 30.73 g/t gold over 1.95 m The KT21-01 intercept lies directly below zone of low-grade near surface gold intersected in historic drilling and interpr
Slide 16: Katey Project Oregon – West Zone Drill Plan
West Zone Drill Plan KATEY PROJECT OREGON Headwater 100% Owned High-priority drill targets for Phase 2 program in 2023 Auger soil sampling results suggest mineralization extends both north and south for at least 1 km, and remains open in both directions Soil samples returned individual values up to
Slide 17: Multiple Upcoming Catalysts
MULTIPLE UPCOMING CATALYSTS Phase 1 Phase 2 Phase 3 Midas North Katey Spring Drilling Drilling Peak Drilling Phase 2 Potential New Mahogany Acquisitions Drilling HWG +123% “We are excited to kick-off another busy year of exploration with multiple drill programs ahead” GDXJ +13% PRESIDENT & CEO - CAL
Slide 18: Why Invest?
WHY INVEST? EXPERIENCED TEAM WITH LARGE ACTIVE PROJECT LOCAL PRESENCE PORTFOLIO Strong capital market expertise combined Aggressively advancing a large portfolio of with a diverse, highly experienced Western 100%-owned and partner-funded projects US technical team QUALITY MULTIPLE UPCOMING JURISDICT
Slide 19: Additional Projects
ADDITIONAL PROJECTS CSE: HWG & OTCQB: HWAUF 19
Slide 20: Mahogany Idaho-Oregon
MAHOGANY IDAHO-OREGON Newcrest Earn-In Project High-level epithermal system with high-grade gold at the surface Exploration 100% funded by Newcrest Headwater core drilling in 2021 encountered 1.47 g/t Au over 12.25 m including 9.37 g/t Au over 0.73m Multiple high-priority drill targets identified fo
Slide 21: Crane Creek Project Idaho
CRANE CREEK PROJECT IDAHO Headwater 100% Owned Fully-preserved epithermal vein system with multiple high-grade targets, open pit and underground potential 100% interest in a commanding land package Gold-bearing epithermal quartz veins at surface Shallow historic drilling points to high-grade potenti
Slide 22: Crane Creek Project Idaho – High-Grade Vein Potential
CRANE CREEK PROJECT IDAHO Headwater 100% Owned High-grade vein potential within and beneath Mercury cap (projected) shallowly-defined mineralization Vein Photo A and 8.34 g/t Au Rock Sample Targeting basalt-hosted high-grade veins at depths > 100 m Planned exploration to include: • Trenching • Groun
Slide 23: Appendix
APPENDIX CSE: HWG & OTCQB: HWAUF 23
Slide 24: Newcrest Earn-In Agreement
NEWCREST EARN-IN AGREEMENT Newcrest to earn up to a 75% interest individually in Mahogany, Lodestar, Midas North, and Spring Peak Projects for cumulative earn-in exploration expenditures of US $145,000,000 and completion of Pre-Feasibility Studies. Newcrest to sole fund US $10,000,000 in exploration
Slide 25: Frequently Asked Questions
FREQUENTLY ASKED QUESTIONS Where can I find more information about the Newcrest earn-in agreement? • For the full terms of the agreement, please visit the Headwater website here. Who is operating the Newcrest earn-in projects? • Headwater operates all of the Company’s projects, including the earn-in
Slide 26: Contact
CONTACT: Caleb Stroup Alistair Waddell President & CEO Chairman Tel: +1-507-313-1480 Tel: +1-604-681-9100 cstroup@headwatergold.com alistair@headwatergold.com 6170 Mae Anne Avenue 1130 West Pender Street Suite 3 Suite 1210, V6E 4A4 Reno, Nevada 89523 Vancouver, BC, Canada Brennan Zerb Investor Relat