International Prospect Ventures Ltd · TSXV:IZZ
International Prospect Ventures — Investor Presentation (April 2020)
29 slides from International Prospect Ventures's investor presentation, April 2020
Slide 1: Corporate Presentation – April 2020
TSX-V: IZZ CORPORATE PRESENTATION – APRIL 2020
Slide 2: Disclaimer
Disclaimer Non-Commercial Individual Reference Use Only • The entire contents of this presentation are protected by copyright and may be used and copied for non-commercial, individual reference only. Any other use of the contents of this presentation is prohibited unless the user first obtains the C
Slide 3: Why Australia?
Why Australia? • Australia is the second largest producer of gold in the world with 321 tonnes of gold produced in 2017/18, accounting for ~9% of global production1. • Australia is estimated to have the world’s largest gold reserves, with 9,500 tonnes or 17% of the total world estimated gold reserve
Slide 4: Western Australia: A Mining Destination
Western Australia: A Mining Destination • Western Australia accounts for almost 70% of Australia's total gold production. • Geoscience Australia estimates that 60% of Australia’s gold reserves are in Western Australia. • In 2016-17, gold was WA’s second most valuable mineral sector (after iron ore)
Slide 5: Aussie Facts
Aussie Facts “According to Jeff Haworth, Executive Director of Geological Survey and Resource Strategy for the Department of Mines, Industry Regulation and Safety, as of March this year “WA has a pipeline of resource projects worth an estimated $112bn, representing an increase of almost $5bn from th
Slide 6: Western Australia: Pilbara Goldfields
Western Australia: Pilbara Goldfields • Focused on gold in the prolific Pilbara region, WA • Several early-stage gold discoveries reported in the area, including Novo Resources • IZZ holds 100% interest in eight tenements • IZZ is focused on selectively building its Pilbara property portfolio • IZZ
Slide 7: Western Australia: The Pilbara
Western Australia: The Pilbara • Covers 502,000 km2 in Western Australia. • Population of <50,000. • Known for iron-ore, petroleum, natural gas, and gold. • Region contributes significantly to Australia's economy. • Historic gold rushes in the Pilbara in the 1880s. • Mining started in 1937 at Witten
Slide 8: Pilbara Goldfields: Western Australia
Pilbara Goldfields: Western Australia • Extensive gold-bearing region with several early- stage discoveries reported by numerous companies, including: Gold Nuggets: De Grey Mining – Loudens Patch. • Collectively, gold discoveries appear to indicate: • a potentially new gold-rich district. • palaeopl
Slide 9: Big Picture: Pilbara-Kaapvaal Cratons
Big Picture: Pilbara-Kaapvaal Cratons • Various configurations of the Archean Vaalbara (V) continent. • Kaapvaal-Pilbara cratons likely proximal to one another from 2.87-2.65 Ga. • Similar geological history of the Witwatersrand (SA) and Fortescue basins (WA). • Conglomerate-hosted gold confirmed in
Slide 10: Conglomerate-Hosted Gold 2019
Conglomerate-Hosted Gold 2019 Known gold-bearing conglomerates today WEST EAST source: Novo Resources (25/02/2019) 10
Slide 11: Novo Resources: Karratha Gold Discovery
Novo Resources: Karratha Gold Discovery Purdy’s Reward and Comet Well: • Surface trend traced for >8 km strike. • Detailed testing over strike of ~3.4 km. • Au-bearing conglomerates with good continuity. • Open along strike and down-dip. Purdy’s Reward Comet Well Comet Well Cannonball Gully source:
Slide 12: East Pilbara: Wits End Gold Project
East Pilbara: Wits End Gold Project 8 Properties: A1. Habs A2. Hawks A3. Rangers A4. Penguins A5. Wings A6. Bruins A7. Leafs A8. Jets A1 A2 A3 A5 A4 A6 A7 A1: E45/5024 A5: E46/1201 A2: E46/1197 A6: E46/1199 A3: E46/1198 A7: E45/5023 A8 A4: E46/1202 A8: E46/1199 12
Slide 13: Wits End Gold Project: Overview & Plan
Wits End Gold Project: Overview & Plan Australia Project location Perth Sydney ONGOING • data review & compilation, Field Programs: remote sensing, targeting, • scout drilling program and planning • trenching & sampling • review new projects and FINANCING • follow-up drilling NSR opportunities • bul
Slide 14: Wits End Gold Project: East Pilbara
Wits End Gold Project: East Pilbara • Located in the Marble Bar and Nullagine districts of the gold- IZZ bearing Pilbara Region, Western Australia (Fortescue Basin). • 8 Tenements held 100% by IZZ. • More than >1,000 square km. IZZ • Target 1 - gold-bearing conglomerates: IZZ • Hardey Formation (e.g
Slide 15: Wits End Gold Project: General Geology
Wits End Gold Project: General Geology (1) Habs (4,650 ha): - Fortescue Group (Basin) (2) Hawks (2,170 ha): - Mosquito Creek Frm - Hardey Frm (3) Rangers (4,030 ha): - Mosquito Creek Frm - Hardey Frm (4) Penguins (930 ha): - Mosquito Creek Frm - Hardey Frm IZZ (5) Wings (1,240 ha): Total: ~1,026 squ
Slide 16: Wits End Gold Project: 8 Properties
Wits End Gold Project: 8 Properties Property Licence Area (ha) Description Known Prospects Dominated by Fortescue Group including interpreted Mt. Roe Habs E45/5024 4650 Basalt and Hardey Formation at depth. Proximal to Novo - (A1) Resources and Pacton Gold. Little Linden West (Au) Covers Nullagine G
Slide 17: Hamersley/Fortescue Basins: Stratigraphy
Hamersley/Fortescue Basins: Stratigraphy Mount Bruce Supergroup: • Turee Creek Group (2445–2208 Ma) • Hamersley Group (2630–2445 Ma) • Fortescue Group (2775–2630 Ma) • unconformably overlies granite–greenstone belts of the Pilbara Craton Hamersley Basin (HB): • Hamersley Group and overlying Turee Cr
Slide 18: General Geology: Targets & Expectations
General Geology: Targets & Expectations Outcropping of gold-bearing conglomerates, Mt. Roe Project (NxGold Ltd., 2017) – note vehicle in foreground for scale. • Gold-bearing conglomerate at the base of the Mt. Roe volcanic rocks – Fortescue Group. • Other targets (future) could include: • Turbidite-
Slide 19: Fortescue Basin: Target Cross Section
Fortescue Basin: Target Cross Section • Cross section: Novo Resources’ Karratha Gold Project (western area of Pilbara). • Geology on the basis of diamond core boreholes at Purdy’s Reward prospect. • Target gold-bearing conglomerates rest unconformably on top of basement (Archaean) metamorphic and ig
Slide 20: Wits End Gold Project: Exploration Program
Wits End Gold Project: Exploration Program ➢ Planning/Research (ongoing): ➢ Data Review and Compilation, Remote Sensing (Imagery), Targeting, and Planning. ➢ Capital Expenditures and Operating Expenses. ➢ Data Integration, Management/Reporting (ongoing). ➢ Project/Data Management (ongoing). PHASE 1
Slide 21: Third Party Prospecting by Permit
Third Party Prospecting by Permit E46/1198 (A3) 456g Au • March to September 2019, received 11 +29 nuggets Prospecting Permits (S40E Permits) and executed 7 Prospecting Agreements with local prospectors. E46/1201 (A5) E46/1197 (A2) 51g Au • Prospecting focused on E46/1197, +142 nuggets E46/1198, E46
Slide 22: Mosquito Creek Area: Prospecting
Mosquito Creek Area: Prospecting E46/1198 Novo Resources’ Beatons Creek E46/1197 E46/1201 Millennium Minerals’ Mining Operations • Best prospecting success was in the eastern Mosquito Creek Formation. • Multiple gold mines located in Mosquito Creek Formation to the west (Millennium Minerals). • Novo
Slide 23: Mosquito Creek Area: Prospecting
Mosquito Creek Area: Prospecting ➢Metal detectorists’ reported gold nuggets found to date: 3 nuggets • +171 nuggets from licences E46/1197 (3g Au) and E46/1198. 2 nuggets (1x0.8g/1x1.2g Au) • total 507 grams (~16 troy oz) ➢Area underlain by gold-hosting Little Linden West (Au) +25 nuggets Mosquito C
Slide 24: Pilbara WA: Gold Companies
Pilbara WA: Gold Companies 24
Slide 25: Porcupine Miracle Gold Prospect: Canada
Porcupine Miracle Gold Prospect: Canada • 100% interest in the Porcupine Miracle Gold Prospect • Made up of 9 mining claim cells (64 ha) located in Langmuir Township, Ontario, 30 km south of Timmins • Phase I Exploration Program: Grid establishment; Magnetic, induced polarization & HLEM geophysical
Slide 26: Share Structure
Share Structure IZZ Share Structure Price (April 3, 2020) $0.075 52 Week Range $0.07 - $0.18 Shares Outstanding 27,103,128 Market Cap $2,032,735 Options 2,660,312 Golden Valley Mines 16.5% Management 4.9% 26
Slide 27: Directors and Management
Directors and Management GLENN J. MULLAN (Chief Executive Officer, Director) Mr. Mullan holds a B.Sc. (Geology) from Concordia University and has 42 years of experience in the mining industry. Glenn is the President, CEO, and Chairman of Golden Valley Mines Ltd. As an independent prospector, Glenn a
Slide 28: Directors and Management
Directors and Management ANDREW PEPPER (Director) Andrew T. Pepper is president of Link Plan Management, the portfolio manager and operational business unit of Link Investment Management, a B2B2C software developer. Mr. Pepper holds the Certified Investment Management designation (CIM) and was an as
Slide 29: Contacts
Contacts Glenn J. Mullan Chief Executive Officer Val-d’Or Office: 2864, Chemin Sullivan Val-d’Or, Québec J9P 0B9 +1 (819) 824-2808 glenn.mullan@goldenvalleymines.com Australia Contact: Registered Office and Australian Legal Representative Daven Timms, Lawyer Resources Legal Pty Ltd 1A Rosemead Rd, H
International Prospect Ventures — Investor Presentation (April 2020) on 6ix