Horizon Gold Ltd. · ASX:HRN
Horizon Gold — Mac Equity Partners Iconoclasts Investor Conference 2019
19 slides from Horizon Gold's conference presentation, Aug 2, 2019
Slide 1: Investor Presentation - Mac Equity Partners Iconoclasts Investor Conference
INVESTOR horizongold.com.au PRESENTATION For personal use only MAC EQUITY PARTNERS ICONOCLASTS INVESTOR CONFERENCE 2 AUGUST 2019
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER For personal use only No New Information or Data This presentation contains references to exploration results and Resource estimates, all of which have been cross referenced to previous market announcements made by the Company. The Company confirms that it is not awar
Slide 3: Competent Person's Statement
COMPETENT PERSON’S STATEMENT For personal use only Competent Person’s Statement – Geology The Annual Mineral Resources Statement as at 30 June 2019 (Appendix 1) has been compiled by Mr John Hicks. Mr Hicks is General Manager Exploration and a full- time employee of Panoramic Resources Limited. Mr Hi
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT use only ASX CODE HRN SHARE PRICE $0.175 SHARES ON ISSUE 76.5M BOARD MARKET CAPITALISATION $13.4M CASH (30 JUNE 2019) $1.9M Peter Harold Paul Bennett Peter Venn ASX:PAN 51% SHARE personal Non-Executive Non-Executive Non-Executive MAJOR SHAREHOLDERS Chairman Director Director ASX:Z
Slide 5: Key Asset - Gum Creek Project
KEY ASSET - GUM CREEK PROJECT For personal use only ▪ Located 640km NE of Perth, Western Australia ▪ Large tenement package covering ~618km² extending over 80km strike length of the Gum Creek Greenstone Belt ▪ Well endowed gold region with historic production of +1Moz gold and multiple processing fa
Slide 6: A Short History
A SHORT HISTORY Pre IPO - Gum Creek held by For personal use only Panoramic Resources Ltd (ASX:PAN) EM conductors identified over +8km strike at Altair First drill hole testing Altair First Exploration Program by New Exploration base metal target returns: Altair Stage 2 Horizon Gold as new owner Tar
Slide 7: Growth Strategy
GROWTH STRATEGY For personal use only Horizon’s objective is to generate maximum value from its Gum Creek asset DEVELOPMENT STUDIES ON RESOURCE EXTENSION REGIONAL HIGH-GRADE, FREE MILLING AND INFILL DRILLING EXPLORATION GOLD RESOURCES Increase known gold resources Test the full strike extent of the
Slide 8: Gum Creek - Regional Geological Setting
GUM CREEK - REGIONAL GEOLOGICAL SETTING For personal use only WELL LOCATED LARGE GROUND POSITION Situated within the Southern Cross Project area positioned on the Gum Creek Province of the Western Australian Greenstone Belt (GCGB), an Archean Archaean Yilgarn Craton which has a sequence dominated by
Slide 9: Gum Creek Gold Project
GUM CREEK GOLD PROJECT Volcanic and sedimentary sequences surrounded by intrusive granitoids For personal use only which contain rafts of greenstones GEOLOGY Margins of the belt are typically contact-metamorphosed basalts and BIFs Total Resource of 15.9Mt at a grade of 2.7g/t Au for 1.39Moz RESOURCE
Slide 10: Swan & Swift Development Potential
SWAN & SWIFT DEVELOPMENT POTENTIAL ▪ Eighteen holes drilled at Butcherbird Shear/Swan Premium since For personal use only September quarter 2018 with results including: ▪ 8.0m @ 19.7g/t Au from 297.0m (SBDD080) ▪ 6.6m @ 10.9g/t Au from 265.9m (SBDD076) ▪ 5.0m @ 10.6g/t Au from 257.0m (SBDD073) ▪ Inc
Slide 11: Gum Creek Existing Infrastructure
GUM CREEK EXISTING INFRASTRUCTURE For personal use only Tailings Dam and village Airstrip (operational) Processing facilities (requires refurbishment) Accommodation village 11
Slide 12: Attractive 'Gold Only' Valuation
ATTRACTIVE ‘GOLD ONLY’ VALUATION For personal use only Advanced Australian gold exploration/developer valuations – Enterprise Value per Resource ounce* A$ 160 140 120 100 80 60 40 20 0 Bellevue Capricorn EganStreet Breaker Echo Bligh Horizon Genesis Kin Mining Calidus Bardoc Gold NTM Gold Horizon Go
Slide 13: Altair Zinc-Copper-Silver Discovery
ALTAIR ZINC-COPPER-SILVER DISCOVERY For personal use only Application of a new structural and stratigraphic model in an area of HISTORY historic broad zones of possible supergene copper mineralisation Volcanic-associated base metal sulphide style mineralisation hosted in GEOLOGY black shales & inter
Slide 14: Altair Discovery - Scale Potential
ALTAIR DISCOVERY - SCALE POTENTIAL ▪ Limited grid pattern drilling has defined a wide zone of zinc, copper and For personal use only silver mineralisation over a strike of 500m ▪ A follow-up MLEM survey* completed in June 2019 returned highly significant results and demonstrates the scale potential
Slide 15: FY20 Work Program
FY20 WORK PROGRAM For personal use only ▪ Open pit development studies and potential toll treatment ▪ Mining Plus open pit and underground mining study on the high- grade, free milling Swan and Swift deposits ▪ Continue exploring regional treatment opportunities ▪ Study costs of stand alone processi
Slide 16: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only LARGE PROSPECTIVE 1.39MOZ GOLD MINERAL EMERGING ALTAIR ZINC- GREENSTONE BELT RESOURCE COPPER-SILVER DISCOVERY Controlling position of the 110km long Updated in July 2019 Limited drilling has defined a 500m long Gum Creek Greenstone Belt zone of Zn-Cu-Ag mi
Slide 17: For More Information Please Contact
FOR MORE INFORMATION PLEASE CONTACT: For personal use only Peter Harold Non-Executive Chairman +61 8 6266 8600 info@horizongold.com.au horizongold.com.au @Horizongold_
Slide 18: Appendix - Mineral Resources at June 2019
APPENDIX 1 - MINERAL RESOURCES AT 30 JUNE 2019 Cut-off Indicated Inferred Total Contained For personal use only Resource Mineralisation Resource grade Au Au Gold Date Type Tonnes Au (g/t) Tonnes Tonnes (g/t Au) (g/t) (g/t) (oz) Open Pit Resources Swan OC May-19 0.5 Free Milling 80,000 8.8 880,000 6.
Slide 19: Appendix - Australian Gold Developers
APPENDIX 2 - AUSTRALIAN GOLD DEVELOPERS For personal use only Company ASX Code Enterprise Value (A$) Mineral Resource (koz) Development Stage Bellevue Gold BGL 266.7 1800 Exploration Capricorn Metals CMM 156.4 1525 Feasibility EganStreet Resources EGA 41.9 454 DFS Breaker Resources BRB 77.6 1084 PFS
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