Panthera Resources Plc · LSE:PAT
Panthera Resources — Investor Presentation (May 2022)
29 slides from Panthera Resources's investor presentation, May 31, 2022
Slide 1: Corporate Presentation: Explorer to Developer
CORPORATE PRESENTATION EXPLORER TO DEVELOPER MAY 2022 1 Moydow Holdings Limited
Slide 2: Disclaimer
DISCLAIMER This presentation and all information contained in it (the “Information”) is intended for review solely by those persons who have received the Information with the express consent or approval of Panthera Resources PLC (the “Company”). The information is confidential and shared with the re
Slide 3: Business Snapshot
BUSINESS SNAPSHOT Unlocking the Potential Within a Multi-million Ounce Portfolio An exploration and development group focused on gold Au opportunities in West Africa and India. Emerging £8.5 8 Developer million Projects West Africa across four jurisdictions market cap Strategy ✔ Diversified portfoli
Slide 4: West African Gold Projects
WEST AFRICAN GOLD PROJECTS Diverse Portfolio of Projects, Countries and Funding PAT Project Moydow Project 4 Moydow Holdings Limited
Slide 5: Labola: Focus Shifting from Exploration to Development
LABOLA Focus Shifting from Exploration to Development ▪ Maiden Mineral Resource of 602,000 ounces at 1.60g/t Au announced in October 2021 (MRE) ▪ Total estimated combined strike length of +19 kilometres in three parallel vein systems have been identified Insert Photo ▪ MRE only covers 7.3 kilometres
Slide 6: Labola: Significant Resource Growth Potential
LABOLA Significant Resource Growth Potential ▪ Labola is located 380km southwest of the capital city of Ouagadougou and spans a licence area of 65km2 ▪ The project is situated within the Banfora Greenstone Belt which consists predominantly of Birimian aged metasediments with lesser metavolcanics and
Slide 7: Labola: Drilling Currently Underway
LABOLA Drilling Currently Underway ▪ 5000 metre RC drill programme has commenced at the Labola Project ▪ The programme comprises 46 RC holes to test up to five targets ▪ Drilling will focus on resource estimate expansion and several peripheral exploration targets ▪ Modelling of the MRE in 2021 highl
Slide 8: Moydow Restructure (DFR)
MOYDOW RESTRUCTURE (DFR) US$18 million Funding for Labola ~40% 50% & 20-30% Operator Split Assets Maniger Ltd Moydow Holdings Ltd into Two Current Structure Companies Earning Labola* Option to Kalaka acquire 100% Option to 80% Labola acquire 100% Earning Dagma 65% Kalaka Earning • DFR to Earn 80% in
Slide 9: Labola: Drilling Activity & Work Programme
LABOLA Drilling Activity & Work Programme ▪ A drill programme in 2022 will target a substantial expansion of the MRE Timeline 2020 2021 2022 H1 H2 Q1 Q2 Q3 Q4 H1 H2 Data Moydow Review of Assay Maide Acquis Drilling Spin Out historical data results MRE -ition Data compilation, QaQc examination, drill
Slide 10: Bassala: Exciting New Gold Discovery in 2021
BASSALA Exciting New Gold Discovery in 2021 ▪ Bassala project is located within a highly gold-endowed Birimian volcano-sedimentary belt in southwestern Mali, approximately 200km south of the capital city Bamako ▪ The Birmian belt hosts the Kalana (Endeavour Mining, 4Moz) and Kodieran (Wassoul’or, 2M
Slide 11: Bassala: Extensive Mineralised Gold Zones
BASSALA Extensive Mineralised Gold Zones ▪ Several coherent zones of mineralisation are beginning to emerge, generally trending NNE in the north, N-S in the centre and NW in the south. ▪ These zones are between about 600m and 3000m in strike and hence have significant size potential. ▪ A comprehensi
Slide 12: Bassala: Substantial Activity and News Flow
BASSALA Substantial Activity and News Flow ▪ Gold in soil survey in 1Q 2021 ▪ Ground Magnetic survey in 1Q 2021 ▪ IP survey in 2Q 2021 ▪ 10389m drilling programme completed in 3Q 2021 (13 targets) ▪ 8546m drilling programme completed in 4Q 2021 (9 targets) ▪ Substantial drilling programme planned fo
Slide 13: Bido Project: Focus for 2022
BIDO PROJECT Focus for 2022 ▪ Highly mineralised gold belt in Burkina Faso ▪ Large land position with multiple targets ▪ Several artisanal “gold rush” areas in recent months ▪ First pass close spaced gold in soil survey completed ▪ 8 main targets confirmed to date ▪ Follow-up IP survey required ahea
Slide 14: Kalaka: A Large Gold System
KALAKA A Large Gold System ▪ Kalaka covers an area of 62.5 km² and is located in Southwest Mali, 260 km south east of the capital, Bamako ▪ Lies on a major Birimian Greenstone belt and is situated along the regional scale Banifin Shear zone, a major continental-scale zone of deformation ▪ Within the
Slide 15: Kalaka: Drilling in 4Q 2021
KALAKA Drilling in 4Q 2021 ▪ The most advanced part of the Kalaka project is what has been defined as the K1A prospect, south of Target 7 – Dec 2021 drilling confirms northern extensions ▪ Target 3 well mineralised – possible offset extension of K1A ▪ A study commissioned by the current licence hold
Slide 16: Kalaka: Drilling Activity in 4Q 2021
KALAKA Drilling Activity in 4Q 2021 ▪ In 1H2021, Panthera conducted two IP programmes for over 300 line kilometres ▪ IP confirmed to be an effective target vectoring tool ▪ 20 Targets identified including a entirely new zone-trend in the east ▪ 5 targets tested in December 2021 => 2 returned signifi
Slide 17: Nigeria: Strategic Position on a Largely Untested Frontier
NIGERIA Strategic Position on a Largely Untested Frontier ▪ Nigeria is the most underexplored country in Africa for its size ▪ Large unreported artisanal gold production and modern mining legislation ▪ Thor Explorations recently arranged US$100m in project finance for Segilola Gold Project – 1st maj
Slide 18: India: Vast Unrealised Potential to be Unlocked
INDIA Vast Unrealised Potential to be Unlocked Bhukia - India Taregaon ▪ Bhukia is a very large gold system, located in ▪ Potential to be a large porphyry Rajasthan, India copper-gold system in Madhya ▪ Based on limited PAT drilling, a current JORC- Pradesh, India compliant resource of 38.5Mt at 1.4
Slide 19: Bhukia & Taregaon: Bilateral Investment Treaty Litigation
BHUKIA & TAREGAON Bilateral Investment Treaty Litigation ▪ International law firm, Fasken, appointed to advise the company with its ongoing dispute with the Republic of India concerning the Bhukia Joint Venture project. ▪ If unable to restore prospecting licence at Bhukia plan to launch arbitration
Slide 20: Anticipated Timeline
ANTICIPATED TIMELINE West African Activity Catalyst Events 2020 2021 2022 H2 H1 Q3 Q4 1H 2H Milestones Achieved Anticipated Activity Comple Moydow transaction tion of PAT Corporate Divestment of ASM DFR Transaction MMI Acquisition DFR Indian Arbitration* Equity fundraise Transac tion Moydow Transasc
Slide 21: Share Price Performance
SHARE PRICE PERFORMANCE Positive Share Price Trend Reflective Operational Activity in West Africa Change in Speculation Indian mining on Bhukia law resolution The above chart compares the relative share price performance of AIM:PAT from 26 May 2020 to 26 May 2022 to the FTSE Gold Mines Net Tax Index
Slide 22: Capital Structure
CAPITAL STRUCTURE Register Well Leveraged to Potential News Flow Shareholders holding 119,047,922 shares and 2,426,055 options#. The Company holds no shares in treasury. Class Expiry Date Exercise Price Quantity Fully Paid Ordinary Shares 119,047,922 Options 1 July 2022 A$0.05 1,026,055 21 December
Slide 23: Platform for Growth
PLATFORM FOR GROWTH Building Momentum from Sound Value Blocks Growth Potential Unlock Bhukia Bido Focus in 2022 Bassala Drilling in 1H 2022 PAT Mkt Cap Labola Resource Expansion Drilling £10 M Gold Discovery at Bassala DFR US$18 million Funding for Labola Labola Mineral Resource Statement Activity D
Slide 24: Strong Value Proposition
STRONG VALUE PROPOSITION Shifting Focus from Explorer to Developer Leadership is delivering activity, news flow and results Transformational Mineral Resource Estimate at Labola Market Cap of £8.5m with US$18 million funding transaction announced Six gold projects in Burkina Faso, Mali and Nigeria Tw
Slide 25: Appendix
APPENDIX 25 Moydow Holdings Limited
Slide 26: Labola: Maiden Mineral Resource
LABOLA Maiden Mineral Resource ▪ Mineral Resource for the Labola Gold Project as at 10 October, 2021** Mineralization Gold grade Contained gold Category (Mt) (g/t Au) (koz) Insert Block Indicated Resource 5.41 1.52 264 Model Image Inferred Resource^ 6.93 1.67 371 Artisanal -0.34 3.0 -33 1. ** Minera
Slide 27: Bassala Cross Sections
BASSALA CROSS SECTIONS 27 Moydow Holdings Limited
Slide 28: Board & Management Team
BOARD & MANAGEMENT TEAM Experienced Team with a Strong Track Record Board of Directors Management Team Mike Higgins Tim Hargreaves Mark Bolton Ian S Cooper Non-Executive Chairman Non-Executive Director Managing Director Technical Consultant West BSc (Hons) FAusIMM BSc - Geology Bach of Bus, Grad Dip
Slide 29: Company Contacts
COMPANY CONTACTS Mark Bolton Chief Executive Officer E: mark.bolton@pantheraresources.com M: +61 (0) 411 220 942 M: +44 (0) 791 775 6290 Mike Higgins Non-Executive Chairman E: mike.higgins@pantheraresources.com M: +61 (0) 418 189 686 Vigo Consulting Ltd Financial Public Relations Sackville House 40
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