Riversgold Ltd. · ASX:RGL
Riversgold — Investor Presentation (February 2021)
20 slides from Riversgold's investor presentation, February 2021
Slide 1: Edleston Gold Project Acquisition
CLOSING ON THE NEXT SIGNIFICANT DISCOVERY 50KM FROM KALGOORLIE EDLESTON GOLD PROJECT ACQUISITION February 2021 Investor Presentation
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain statements which constitute “forward-looking statements”. These statements include, without limitation, estimates of future capital expenditure; statements regarding the expectation or description of the prospectively of the Riversgold Ltd (“Riversgold”,
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Re- focusing on Western Highly experienced Board Divestment of Alaskan Australian gold projects and Management with two interests bringing in an geologists as technical additional US$1m over the 1,160km2 of underexplored Board members next 12 months tenure 50km from Kalgoorlie
Slide 4: Corporate Summary
CORPORATE SUMMARY ASX Code RGL Major shareholders: Share Price 1 $0.044 Eaglehawk Investments 12.4% Shares on issue2 386.5M Tolga Kumova 8.3% Options (0.1 to 20c)2 104.6M Evolution Mining 3.86% Market capitalisation1,2 $22M Top 20 shareholders 51.1% Cash and receivables 3 $2.4M Board and Management
Slide 5: High Calibre Technical Team
HIGH CALIBRE TECHNICAL TEAM TWO BOARD MEMBERS AND GEOLOGICAL CONSULTANTS XAVIER BRAUD SIMON BOLSTER PETER WILLIAMS DR MARAT ABZALOV B.Sc (Hons), M.Sc Geology B.Sc (Hons), Geography w. Geology: 1st Class B.Sc (Hons), M.Sc in Eng Geophysics B.Sc., Ph.D. Geology Experienced geologist and mining Regarde
Slide 6: The Priority: New Discoveries in Western Australia
THE PRIORITY: NEW DISCOVERIES IN WESTERN AUSTRALIA KURNALPI PROJECT Tier 1 Location: • WA is one of the best gold jurisdictions in the world • 1,160km2 tenement package 50 km from Kalgoorlie • 100% of the tenure covers greenstones from the Norseman-Wiluna Belt (+200Moz historical production) • 5 pro
Slide 7: The Ambition: A New Significant Discovery
THE AMBITION: A NEW SIGNIFICANT DISCOVERY ALL THE INGREDIENTS FOR SUCCESS ARE HERE The right project: Queen Lapage, salt lake: exploration “new frontier” • 1,160km2 of Archean Greenstone Belt • 700km2 of unexplored ground The mineralised structures do not stop at the lake boundaries! The right team:
Slide 8: An Enviable Land Position
AN ENVIABLE LAND POSITION: RGL controls 1,160km2 of tenement over Archean greenstones from the Norseman-Wiluna Greenstone Belt Yilgarn greenstone belts account for 3% of Australia’s landmass but produce over 33% of its gold RGL tenure covers several significant shear zones (Emu Fault, Avoca Fault, R
Slide 9: Queen Lapage
QUEEN LAPAGE • Large scale (10-12km long) geochemical anomaly under Lake Yindarlgooda • Along strike from Queen Lapage open pit ~10,000oz at 9g/t Au mined by Croesus Mining in the early 1990s ? • 156 holes drilled in Feburary 2019 defined a 10-12km anomaly, best results included: Untested 13m at 0.6
Slide 10: Queen Lapage a New St Ives?
QUEEN LAPAGE A NEW ST IVES? Santa Anna Invincible Revenge 2 km Leviathan O/P 2 km RGL Drilling superimposed over the St Ives Camp ST IVES QUEEN LAPAGE Past Production +14Moz Past Production 10koz Resources and reserves +4.4Moz (2019) Resources and reserves TBA (2021) pending discovery. 09 RIVERSGOLD
Slide 11: Queen Lapage 3D Seismic Survey
QUEEN LAPAGE 3D SEISMIC SURVEY • 4km x 500m survey across the southern part of the 12km strike length • Affordable • Low surface impact • High-impact results with identification of • 4 major fault zones • Multiple 2nd 3rd and 4th order splays 10 RIVERSGOLD LTD
Slide 12: Queen Lapage 3D Seismic Survey
QUEEN LAPAGE 3D SEISMIC SURVEY • Deep tapping structures identified in seismic coincide with both geochemical and magnetic trends • Multiple potential alteration zones associated with deep tapping structure and second order splays within top 300m • Fully funded high-impact diamond drilling program s
Slide 13: Cutler High Grade Open in All Directions
CUTLER HIGH GRADE OPEN IN ALL DIRECTIONS • Hosted in mafic rocks - west of the Randall Fault potentially on a second order splay structure • Numerous high-grade results over 500m strike length: 10m @ 11.0g/t Au 6m @ 11.1g/t Au 1m @ 62.9g/t Au 4m @ 5.3g/t Au 1m @ 19.0g/t Au 3m @ 6.18g/t Au • Open alo
Slide 14: Farr Jones 2.5km Corridor Showing High Grade
FARR JONES 2.5KM CORRIDOR SHOWING HIGH GRADE • 2.5km long mineralised system with numerous high grade shoots • RC and aircore drilling assays returned best results of: 3m at 17.8g/t Au from 182m (FJRC0001) 4m at 6.26g/t Au from 119m and 2m at 7.49g/t from 130m (FJRC0002) 12m at 1.90g/t Au from 36m (
Slide 15: Jaws
JAWS • Folded BIF (Banded Iron Formation) under the eastern • Salt lake environments can create depleted regolith and low side of Lake Lefroy - the BIF unit is host to neighbouring level anomalies can still lead up to significant discoveries SLR Maxwells and Santa open pit operations • Historical ai
Slide 16: Greenfields Exploration
GREENFIELDS EXPLORATION Fast tracking greenfield regional exploration is key RGL is using innovative technology to reduce the time to assess projects. Surface sampling at Farr Jones and Cutler has expanded the footprints and validated the method. Several greenfields prospects have been identified an
Slide 17: Greenfields Potential
GREENFIELDS POTENTIAL 2020 surface sampling generated several new targets • 4,280 samples • Extensions to Cutler and Farr Jones • Multiple regional targets to be infilled • Many historical discoveries started with single point surface geochemical anomalies RGL’s tenure is still significantly underex
Slide 18: Plans for Q1 2021
PLANS FOR Q1 2021 KURNALPI PROJECT REALISE VALUE FROM OTHER PROJECTS • Complete infill surface sampling over newly defined SA PROJECTS targets • Continue farm-out and/or divestment discussions • Drill Queen Lapage – diamond drilling program imminent ALASKA • Mamba Minerals LLC is earning up to 70% •
Slide 19: Summary
SUMMARY Focus on highly Kurnalpi Project is 50km 2021 exploration well Highly credentialled Management team and prospective gold project east of Kalgoorlie in well underway at technical team with track board refocusing RGL in Eastern Goldfields, WA known gold province Kurnalpi record of exploration
Slide 20: Contact Us
CONTACT US Riversgold Ltd T (08) 6143 6747 E info@riversgold.com.au www.riversgold.com.au