Xtra-gold Resources Corp. · TSX:XTG
Xtra-gold Resources — Investor Presentation (2011)
28 slides from Xtra-gold Resources's investor presentation, 2011
Slide 1: Corporate Presentation Q1 2011
CORPORATE PRESENTATION Q1 2011 Gold Exploration in Ghana, West Africa
Slide 2: Cautionary Statement Regarding Forward-Looking Information
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION Statements contained in this Presentation that are not based on historical fact are No person has been authorized to give any information or to make any “forward-looking statements”. Forward-looking statements may be identified by representa
Slide 3: Presentation Summary
PRESENTATION SUMMARY f Corporate Overview f Ghana Overview f Exploration Overview f Strategy 3
Slide 4: Corporate Overview: Highlights
CORPORATE OVERVIEW Highlights f Xtra-Gold Resources Corp. (“Xtra-Gold” or the “Company”) is a gold exploration company focused on defining a potentially significant resource on its Kibi Gold Discovery in Ghana, West Africa f The Company’s main assets are comprised of 5 mining leases (226.24 sq km or
Slide 5: Corporate Overview: Corporate Structure
CORPORATE OVERVIEW Corporate Structure XTRA-GOLD RESOURCES CORP. (Nevada corporation) Formed October 31, 2003 90% 10% 100% Xtra-Gold Ghana Government Xtra-Gold XTRA-GOLD MINING LIMITED XTRA-GOLD EXPLORATION LIMITED (Ghana corporation) (Ghana corporation) Acquired on December 22, 2004 Acquired on Feb
Slide 6: Directors, Officers and Advisors
CORPORATE OVERVIEW Directors, Officers and Advisors Richard W. Grayston ● Certified general accountant since 1977 with more than 36 years’ Chairman of the Board and Director experience in public company management Paul Zyla ● 25 years’ experience with resource-based public companies President, CEO a
Slide 7: Technical Management
CORPORATE OVERVIEW Technical Management James Longshore ● Co-founder of Xtra-Gold Resources Corp. General Manager ● General Manager of Xtra-Gold Mining Limited and Xtra-Gold Exploration Limited ● 18 years’ business investment experience in resource companies Yves P. Clement, P.Geo ● 27 years’ intern
Slide 8: Ghana Overview: About Ghana
GHANA OVERVIEW About Ghana f Independent West African country, located on the Gulf of Guinea just north of the equator (formerly known as “The Gold Coast”) f Population +24 million f GDP $38 billion (estimated 2010) f Democratic government y legal system based on British Common Law y more than 50 ye
Slide 9: Ghana Considerations: Location & Infrastructure
GHANA CONSIDERATIONS Location & Infrastructure f Xtra-Gold’s mining camp is the closest to the capital city of Accra, as depicted in the map f Easy direct air services to Accra from the following international cities: Dubai, London, New York, Amsterdam and Frankfurt f Distance is 120 km from Accra,
Slide 10: Ghana Considerations: Gold in Ghana
GHANA CONSIDERATIONS Gold in Ghana f Four main gold greenstone belts depicted in map, with all discovered mines highlighted f Gold discovered: +140 million ounces f Annual production: more than 3 million ounces second highest producer in Africa f Newmont Mining Corporation (NYSE:NEM, TSX:NMC) 20 mil
Slide 11: Exploration Overview: Drilling Highlights
EXPLORATION OVERVIEW Drilling Highlights f In Q4 2008, completed first drill program ever on our properties (3,001 m) f In Q3 2009, completed a 4,715 m Phase 2 drill program f In Q3 2010, completed a 6,500 m Phase 3 drill program f In January 2011, commenced a minimum 20,000 m drill program 11
Slide 12: Kibi Gold Belt Prospects
EXPLORATION OVERVIEW Kibi Gold Belt Prospects f Our Company is on the verge of pioneering a whole new greenstone belt with the Kibi Gold Discovery f Currently completing a VTEM survey to assist with identifying other potential drill targets 12
Slide 13: Exploration Overview: Zones
EXPLORATION OVERVIEW Zones 2 and 3 General Manager at the top of the Ridge of the Kibi Gold Discovery overlooking Zones 2 and 3 13
Slide 14: Gold-in-Soil Anomalies
EXPLORATION OVERVIEW Gold-in-Soil Anomalies KIBI GOLD DISCOVERY (Apapam Concession) > 5.5 km long, NE–trending, anomalous gold-in-soil discovery characterized by 4 extensive higher grade zones ranging from approximately 800 meters by 75 – 300 meters to 1,000 meters by 100 – 500 meters in area 14
Slide 15: Zone Topography; Zone Roads and Drill Pads
EXPLORATION OVERVIEW Zone 2 Topography Zone 2 Roads and Drill Pads 15
Slide 16: Drilling Highlights: 2008 Phase I Drill Program
EXPLORATION OVERVIEW Drilling Highlights 2008 Phase I Drill Program – Zone 2 f Initial scout drilling program completed Q4 2008; 18 diamond drill holes totaling 3,001 m f Broadly spaced Zone 2 drilling (15 holes) targeted gold mineralization discovered in 4 trenches, TKB005, TKB004, TKB006, and TKB0
Slide 17: Mineralization: Gold Mineralization in Granite Rock
EXPLORATION OVERVIEW Mineralization Gold Mineralization in Granite Rock Road cut exposing auriferous quartz-carbonate vein stockwork in saprolitic quartz diorite (Zone 2 – Trench TKB005 granitoid zone) 17
Slide 18: Drilling Highlights: 2009 Phase II Drill Program
EXPLORATION OVERVIEW Drilling Highlights 2009 Phase II Drill Program - Zone 2 / Zone 3 f Phase II drill program completed Q4 2009, 50 holes totaling 4,715 meters, including 27 holes for 2,478 m on Zone 2 and 23 holes totaling 2,237 m on Zone 3 f Some of the highlights of the Phase II drill program a
Slide 19: Zone Drill Pad
EXPLORATION OVERVIEW Zone 2 Drill Pad Hole #KBRC09060 Platform – Zone 2 – Facing NW (9.23 g/t gold over 39.0 m core – length; uncut) 19
Slide 20: Kibi Gold Discovery Drilling Results: Zone 2 Surface Geology / Drill Plan
EXPLORATION OVERVIEW Kibi Gold Discovery Drilling Results Kibi Gold Project - Zone 2 - Surface Geology / Drill Plan 20
Slide 21: Kibi Gold Discovery Drilling Results: Granitoid Surface Trace
EXPLORATION OVERVIEW Kibi Gold Discovery Drilling Results Kibi Gold Project - Zone 2 - Granitoid Surface Trace / Drill Plan 21
Slide 22: Strategy
STRATEGY ¨ continue drilling the Kibi Gold Discovery to maximize shareholder value through the “drill-bit” ¨ the majority of the Company’s capital will be dedicated to the Kibi Gold Discovery exploration drilling ¨ extensive in-fill drilling in Zone 2 to start defining a resource ¨ continue to expan
Slide 23: Appendices
APPENDICES 23
Slide 24: Appendix A: 2008 Phase I Drill Program
APPENDIX “A” 2008 Phase I Drill Program – Zone 2 24
Slide 25: Appendix B: 2009 Phase II Drill Program Results
APPENDIX “B” 2009 Phase II Drill Program Results – Zone 2 25
Slide 26: Appendix C: Kibi Gold Trend Geophysics
APPENDIX “C” Kibi Gold Trend Geophysics IP / Resistivity – Magnetometer Surveys f The entire 5.5 km length of the Kibi anomalous gold- in-soil trend was covered by pole – dipole Induced Polarization (IP) / Resistivity (62 km) and Magnetometer surveys to further define the lithological / structural n
Slide 27: Appendix D: Kibi Gold Trend Compilation Map
APPENDIX “D” Kibi Gold Trend Compilation Map Apparent Resistivity / Gold-In-Soil Anomalies / Drill Collars 27
Slide 28: Contact Us
CONTACT US Suite 301 Paul N. Zyla, President and CEO 360 Bay Street TEL: (416) 366-4227 Toronto ON M5H 2V6 Canada E-MAIL: pzyla@xtragold.com TEL: (416) 366-4227 James Longshore, General Manager FAX: (416) 981-3055 TEL: (416) 579-2274 WEB SITE: www.xtragold.com E-MAIL: jameslongshore@hotmail.com AUDI