Goldgroup Mining Inc. · TSXV:GORO
Goldgroup Mining — Investor Presentation (May 2024)
16 slides from Goldgroup Mining's investor presentation, May 6, 2024
Slide 1: Goldgroup Mining Inc.
GOLDGROUP MINING INC. TSX.V:GGA OTC:GGAZF 100% OWNED CERRO PRIETO GOLD MINE – SONORA, MEXICO www.goldgroupmining.com TSX:GGA • OTC:GGAZF TSX.V:GGA OTC:GGAZF 1
Slide 2: Cautionary Statement
Cautionary Statement Forward-Looking Statements This presentation contains forward-looking information about Goldgroup within the meaning of the Securities Act (British Columbia). Forward-looking statements relate to future events or future performance and reflect Goldgroup’s expectations regarding
Slide 3: Goldgroup Mining – A Unique Opportunity
Goldgroup Mining – A Unique Opportunity • Goldgroup Mining Inc. ("Goldgroup") is a Canadian-based mining & metals company focused on gold production and exploration at its 100% owned Cerro Prieto heap leach gold mine in Sonora, Mexico. • Goldgroup represents a unique opportunity to participate in a
Slide 4: Corporate Overview
Corporate Overview CAPITAL STRUCTURE (April 21, 2024) Exchanges TSX: GGA OTC: GGAZF Shares outstanding 82,743,156+ 1.744,286 @ weighted avg of $0.50 Warrants till June 2025 1.54 million @ - $0.35 till Dec 2026 Options 6.45 million @ - $0.04 till Nov 2028 Fully Diluted 92,477,442 million Large Contro
Slide 5: Cerro Prieto Mine
Cerro Prieto Mine • Goldgroup owns 100% of the 4335 Ha Cerro Prieto mine located in the Cucurpe Mining District, Sonora, Mexico, • The Cerro Prieto Project is 52 road kilometers from the regional center of Magdalena de Kino and 150 kilometers northeast of the city of Hermosillo. • Cerro Prieto Has b
Slide 6: Gold Mining – An Undervalued Industry Sector
GOLD MINING – AN UNDERVALUED INDUSTRY SECTOR. Gold mining/exploration stocks will never be cheaper than today. The HUI Gold Miners Index/Gold Price Ratio is currently ~0.113 and near its all-time low. The long-term average is 0.2911. At the beginning of the last gold boom, the HUI Gold Miners Index/
Slide 7: Asset Overview
Asset Overview SAN JOSÉ DE GRACiA LOCATION Sinaloa, Mexico Long Term Litigation – Asset OVERVIEW 100% discounted. NAFT Challenge Proceeding. Legal Cost Significant Potential Award if Covered Pro-Bono / litigation is successful success fee. CERRO PRIETO PROJECT LOCATION Sonora, Mexico Producing Open
Slide 8: Cerro Prieto Mine – Let's Get Oriented
CERRO PRIETO MINE LET’S GET ORIENTED - GOOGLE EARTH IMAGE Socorro Zone – 4km Mined Zones Esperanza Zone Currently in Production Puma Pit Advanced Exploration Zones Tajo Viejo Reyna Union Pit Early Exploration Zones Centro Pit Nueva Esperanza Esperanza South Pit Cata Project Coati Project Leach Pad C
Slide 9: Cerro Prieto – Path to Success
Cerro Prieto - Path to Success Production Increase, Re-leach, Explore & Acquire • Double Current Production To 5,000 tpd Initiative 1 • Significant Operating Profit available over next year and, beyond with continued Exploration success • Re-Leach Existing Leach Pads containing management estimated
Slide 10: Initiative 1 – Double Production
Cerro Prieto - Path to Success Initiative 1 – Double Production Cerro Prieto one year Mine Plan 2024 – 2025 End Q1. Esperanza & Centro Zones • Currently Producing at 2,500 tpd • Investment Required to double production - $1.2M – add crushing circuit www.goldgroupmining.com TSX:GGA • OTC:GGAZF TSX.V:
Slide 11: Path to Success, cont. – Re-Leaching Leach Pads
Cerro Prieto Path to Success, cont. Initiative 2 -Re-Leaching Leach Pads – 10.3 M Tonnes – 133,233 Oz Au • 46,631 ounces of recoverable gold @ 35% recovery • Increases Annual Mine Operating Profit over next 5 years. (see cautionary note on slide 9) • Estimate $2.5 million capital cost for re-leachin
Slide 12: Initiative 3a – Explore Advanced Zones
Cerro Prieto Path to Success, cont. Initiative 3a - Explore Advance Zones Explore to Develop New Resources to Extend Life of Mine. • Nueva Esperanza Zone –partially drilled, 17 drill holes with excellent results. Contiguous to current • Reyna Zone–Trenched with excellent results. mining at Esperanza
Slide 13: Initiative 3b – Explore Newly Discovered Zones
Cerro Prieto Path to Success. Initiative 3b - Explore Newly Discovered Zones • Cata, Cotai & Cascabel Zones - Newly discovered • ~2.5km on Trend SSE from Centro Pit • Southern extension of the main Cero Prieto shear zone. • Excellent preliminary surface sample results. Potential to add additional ye
Slide 14: The Goldgroup Opportunity Summarized
The Goldgroup Opportunity Summarized A 23,500 gold ozs annually by doubling current production • Requires capital investment of $1.2 million or, • Contract Crushing B Add 9,300 gold ozs annually re-Leaching 4,500 t/day for 5yrs • Requires capital investment of $2.5 million or, • Funding JV Partner –
Slide 15: The Goldgroup Opportunity Summarized (E, F, G)
The Goldgroup Opportunity Summarized E 23,500 gold oz annual production starting 6th(?) yr and beyond • (after re-leaching ends) Assumes continued exploration success extending LOM F Explore Newly discovered zones • to potentially add significant years to LOM G Wild Card - NAFTA Challenge • Large po
Slide 16: Goldgroup Mining Inc. Contact
GOLDGROUP MINING INC. TSX: GGA OTC: GGAZF Head Office Auditors Goldgroup Mining Inc. Davidson & Company LLP Suite 410, 1111 Melville Street Suite 1200 - 609 Granville Street Vancouver, BC Vancouver, BC V6E 3V6 Canada V7Y 1G6 Canada Tel: 1.604.682.1943 Email: Davidson@davidson- Fax: 1.604.682.5596 co