Antioquia Gold Inc · OTC:AGDXF
Antioquia Gold — PDAC 2016
31 slides from Antioquia Gold's conference presentation, March 2016
Slide 1: High-grade Gold Production Development in Colombia
High-grade Gold Production Development in Colombia PDAC, March 2016
Slide 2: Disclaimer
DISCLAIMER This presentation may contain forward-looking events or performance are not statements of statements concerning the Company’s plans for historical fact and may be “forward-looking its properties, operations and other matters. statements”. Should one or more of these risks These statements
Slide 3: Cisneros location
Cisneros location Santa Rosa Red Eagle Cisneros Gramalote Antioquia Gold Anglo/B2Gold Medellin • Paved highway, <2 hours from Medellin • Good infrastructure including power, water and gas • Proximity to other notable gold projects TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 4: Board of Directors
Board of Directors Felipe Ferraro Clever Schrader Director and Chairman of the Board Director • B.Sc in agricultural engineering and MA in business • Seasoned professional with forty years of experience in administration from the University ESAN-Stanford University underground gold mine exploration
Slide 5: Management Team
Management Team Felipe Ferraro • Strong background in mining finance President and CEO, Director • Manager of Administration & Finance at Cori • B.Sc in agricultural engineering and MA in business Puno, a CMH subsidiary administration from the University ESAN-Stanford James (Jim) Decker, P. Eng. Uni
Slide 6: Key Players
Key Players TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 7: Background
Background • History • 2007 – Private investor group acquired core Guayabito property • 2008 – Formed Antioquia Gold Inc. via reverse takeover • 2009 to present – project advancement • Acquisitions • Guayabito • La Manuela • Pacho Luis • Santo Domingo • Guayabito Sur • Exploration • Mapping/Sampling
Slide 8: Acquisitions
Acquisitions TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016 8
Slide 9: Initial Mining Areas
Initial Mining Areas Guayabito Guaico TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016 9
Slide 10: Community Relations
Community Relations • Highlights • Communication Network • Employment of Locals • Reclamation • Input for EIA permitting • Financial Support for Community Projects • Census of Land Owners/Residents TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 11: Resource Estimate
Resource Estimate TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 12: Exploration Potential
Exploration Potential TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 13: Mine Development
Mine Development • Mechanized underground mining with trackless equipment (30t trucks, 3.5m3 scoops, jumbo drills) • 500 tpd mine and process plant; 250 tpd first 2 years, 500 tpd thereafter • 15,000 oz Au for first 2 years, increase to 30,000 oz Au/yr thereafter • Processing circuit with gravity, f
Slide 14: Mine Plan
Mine Plan Mining % Cost Cut-off * Equipment Backfill Method Production US$/t (g Au/t) Mechanized 67% 13.87 2.55 Jumbo & 70% Waste Backfill Cut and Fill 3.5 m3 Scoop 30% Hydraulic Backfill Cut and Fill 15% 21.31 2.84 Jackleg & 100% Hydraulic Backfill with Special 1 m3 Scoop Equipment Shrinkage 18% 25
Slide 15: 3.5 m3 Cat Scoop
3.5 m3 Cat Scoop TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 16: Single Jumbo
Single Jumbo TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 17: Explosives Magazine
Explosives Magazine TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 18: Guaico Tunnel – February 21
Guaico Tunnel – February 21, 2016 TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 19: Guaico/Guayabito Tunnel Section View
Guaico/Guayabito Tunnel Section View TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 20: Guaico Portal Area
Guaico Portal Area TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 21: Guaico Long Section
Guaico Long Section Key +1.0 g/t Au 0.1-1.0 g/t Au 43.7 g/t Au GCFW5 GCO Structure Structure TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 22: Guaico Vein – 1.5m
Guaico Vein – 1.5m TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 23: Guayabito Long Section
Guayabito Long Section C C’ B’ B Key +1.0 g/t Au 0.1-1.0 g/t Au 31.3 g/t Au El Bolo GYB2 Structure Structure TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 24: Guayabito Plant & Infrastructure Layout
Guayabito Plant & Infrastructure Layout Plant Site Shop Guayabito Portal Hydraulic Backfill Plant Warehouse Office/Dry Complex TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 25: Guayabito Plant & Portal
Guayabito Plant & Portal TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 26: Mine Development Renders
Mine Development Renders Guaico Guayabito TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 27: Cisneros Metallurgy/Flotation Testing
Cisneros Metallurgy/Flotation Testing Metallurgical tests indicate >95% gold Unit Guaico Guayabito recovery Mineral weight g 1,000 1,000 Au head grade g/t 5.3 6.7 analyzed Au head grade g/t 5.7 6.6 calculated Granulometry -200 % 60 60 mesh Density Kg/L 1.3 1.3 Conditioning time Min 5 5 100 Initial p
Slide 28: Project Financing in Place
Project Financing in Place • Capex US$18M • US$3M from cash flow from 1Q17 • Infinita unsecured US$15M loan • ~8% loan interest • Two-year grace period • US$6M drawn to date • US$12M to draw down in 2016 Value creation + = Reduced risk TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016
Slide 29: Mine Development Timeline
Mine Development Timeline Mine Ore Development Guaico Production Ongoing 2016 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr 2017 Env’l & Mining Infrastructure Ore Guayabito & Mine Production Permit Development Testing Detailed & Construction Plant Engineering Commissioning TSX-V: AGD OTCQX
Slide 30: Current Status – Full Steam Ahead
Current Status – Full Steam Ahead • Permits in hand for Guaico • Guaico Tunnel & Infrastructure close to completion • Guayabito Tunnel & Infrastructure awaiting permit • Plant detailed engineering ongoing • Contractors working well • Other • Guaico underground diamond drilling • Guayabito South Expl
Slide 31: Thank You
Conclusion Thank You TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com March 2016