Avidian Gold Corp. · TSXV:AVG
Avidian Gold — Investor Presentation (November 2022)
33 slides from Avidian Gold's investor presentation, November 2022
Slide 1: Advanced Stage Gold Projects in Alaska & Nevada
Overview Advanced Stage Gold Projects in Presentation Alaska & Nevada November 2022 Exploration Discovery Drilling at 300 Koz Au Breccia Pipe Deposit – Sept 2021 Value Creation TSX-V: AVG
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation (“Presentation”) contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Avidian Gold Corp. (“Avidian”). Forward-looking statements include estimates and statements
Slide 3: Value Creation Through Exploration and Discovery
Value Creation Through Exploration and Discovery Advanced Exploration Projects in Favourable Mining Jurisdictions Dedicated Team Focused Strategy The Right Assets In the Right Place Explorationists - Miners – Investors Operate within mining friendly jurisdictions of North America Alaska – Tintina Go
Slide 4: Alaska, Yukon & Northwest British Columbia Home to World Class Miners and Deposits
Alaska, Yukon & Northwest British Columbia Home to World Class Miners and Deposits RED CHRIS & BRUCEJACK TSX-V: AVG 4
Slide 5: Alaska | Tier 1 Mining Jurisdiction – Secure Investment
Alaska | Tier 1 Mining Jurisdiction – Secure Investment Stable exploration and mining regime with world-class regulatory environment 80% of GDP from oil & gas and mining with 6 large producing mines Globally ranked No. 5 by the Fraser Institute for Investment Attractiveness and No. 2 gold producing
Slide 6: Golden Zone | Flagship Property in a Great Location
Golden Zone | Flagship Property in a Great Location In Alaska – Access to Infrastructure is a Major Advantage! Breccia Pipe Deposit (+300 Koz Au) District Scale Property – 141.1 km2, 19 km mineralized trend & MEZ Located halfway between Anchorage and Fairbanks and only 6 to 8 km west of; JJ-J4 Paved
Slide 7: Golden Zone | Past Production & Modern Exploration
Golden Zone | Past Production & Modern Exploration Breccia Pipe Deposit 1907 – Placer gold discovered in Bryn Mawr Creek 1941 – Golden Zone Mine, Inc. 2017 – 2021 Avidian has adjacent to the put the Breccia Pipe Deposit drilled 50 core and RC Golden Zone into production and shipped holes totaling 8,
Slide 8: Golden Zone | Multi-Million Ounce Potential
Golden Zone | Multi-Million Ounce Potential Multiple Large Target Areas with Significant Au Breccia Pipe Deposit Mineralization (+300 Koz Au) & MEZ 3 1. Breccia Pipe Resource - NI 43-101 resource of ~300 K oz Au and 1 1.5 Moz Ag (Open-Pit) – room to expand resource Indicated - 267 K oz Au @ 1.99 g/t
Slide 9: Golden Zone | Breccia Pipe Deposit & MEZ Area
Golden Zone | Breccia Pipe Deposit & MEZ Area Open-Pit Deposit 0.5 g/t Au Cut-off (as of Nov 2016) Au Ag Deposit Category Tonnes Type Grade (g/t) Ozs Grade (g/t) Ozs Porphyry 1,811,000 0.89 52,200 3.2 186,300 Silica Breccia 369,000 0.93 11,100 8.64 102,500 Indicated Sulphide 2,007,000 3.17 204,300 1
Slide 10: Golden Zone | Breccia Pipe & MEZ Area
Golden Zone | Breccia Pipe & MEZ Area Surface exposure of Breccia Pipe MEZ TSX-V: AVG 10
Slide 11: Golden Zone | MEZ (Open along Strike & at Depth)
Golden Zone | MEZ (Open along Strike & at Depth) 17 shallow RC holes drilled in MEZ in 2021 extended gold mineralization 600 m Drill tested < 125 m from surface Replacement mineralization along favourable horizons MEZ drill assays include: 46.63 m @ 1.08 g/t Au; incl 15.24 m @ 2.03 g/t Au 15.25 m @
Slide 12: Golden Zone | MEZ Plan View – SW 300 m
Golden Zone | MEZ Plan View – SW 300 m TSX-V: AVG 12
Slide 13: Golden Zone | MEZ Plan View – NE 300 m
Golden Zone | MEZ Plan View – NE 300 m TSX-V: AVG 13
Slide 14: Golden Zone – MEZ – Drill Assays – 17 Holes
Avidian | Golden Zone – MEZ – Drill Assays – 17 Holes EOH Azimuth Dip From To Length Grade Azimuth Dip From To Length Grade Hole ID Hole ID EOH (m) (m) (deg.) (deg.) (m) (m) (m) (g/t Au) (deg.) (deg.) (m) (m) (m) (g/t Au) GZ21RC-01 35 135 -50 NSA GZ21RC-17 105 135 50 19.81 28.96 9.15 0.15 GZ21RC-18
Slide 15: Golden Zone | MEZ - 300 m Undrilled Gap
Golden Zone | MEZ - 300 m Undrilled Gap Avidian will continue to drill along strike to the NE at the MEZ 300 metres of untested ground between known gold mineralization Avidian hole GZRC21-26 intercepted 7.6 m grading 1.55 g/t Au – drilled to 29m – rods stuck – hole abandoned Bunkhouse Prospect was
Slide 16: Golden Zone | Copper King/Long Creek Area
Golden Zone | Copper King/Long Creek Area 3 km long Au-Cu-Ag Mineralization System: Spatial proximity with Stockworked Granite Replacement Mineralization with high grade Au + Cu mineralization in sediments, including 3.0 m @ 16.08 g/t Au, 50.6 g/t Ag, 0.78% Cu (calcareous conglomerate) and 9.1 m @ 8
Slide 17: Golden Zone | Copper King/Long Creek Area
Golden Zone | Copper King/Long Creek Area Copper King/Long Creek Copper King Drilling and Trenching Impedance Anomaly within Magnetic Low Outline Long Creek TSX-V: AVG 17
Slide 18: Golden Zone | Southwest Prospects
Golden Zone | Southwest Prospects New large scale gold targets discovered by recent prospecting 5 large gossanous gold-bearing zones (JJ, J4, CC, MJ, and Silver Kitty), defined along a NE-SW direction over a strike length of +4.5 km MJ Zone: 5.17 g/t Au, 4.2 g/t Au + 2.77% Cu Silver Kitty: 12 g/t Au
Slide 19: Golden Zone | Southwest Prospects
Golden Zone | Southwest Prospects MJ Prospect Silver Kitty Prospect JJ/J4 Prospect Recent Discoveries with Huge Size Potential & Under Explored Dimensions of each Prospect to date represent potential for multi-million ounces Each Prospect only partially sampled and evaluated and 650 m strike length
Slide 20: Fairbanks District | Fort Knox Mine Needs HG Feed
Fairbanks District | Fort Knox Mine Needs HG Feed Kinross Alaska Fort Knox has produced +8 Moz Au Over 5 Moz Au in reserves and resources @ 0.3 to 0.4 g/t Au Actively seeking incremental mill feed Kinross: Manh Choh Deposit Oct 2020 – Kinross pays Contago Ore $94.7 M for 70% of deposit (6 g/t Au) =
Slide 21: Amanita | Structures with Regional Magnetics
Amanita | Structures with Regional Magnetics TSX-V: AVG 21
Slide 22: Amanita | Mineralization on Trend with Fort Knox
Amanita | Mineralization on Trend with Fort Knox Kinross/AMAX (1999) - 30 of 39 historical RC holes intersected oxide mineralization; 6 w/ VG - all shallow <150 m Intercepts include: 22.86 m @ 1.01 g/t Au 13.72 m @ 1.19 g/t Au 15.24 @ 2.75 g/t Au 4.57 m @ 11.53 g/t Au 6.10 m @ 7.14 g/t Au 4.57 m @ 2
Slide 23: Amanita | Next Steps – Drilling High Priority Targets
Amanita | Next Steps – Drilling High Priority Targets AM20-02 Mineralized Corridor New > 1.5 g/t Au Drill Targets 6.0 m @ 11.48 g/t Au 27.0 m @ 4.22 g/t Au X-section 13.72 m @ 1.19 g/t Au 22.5 m @ 3.85 g/t Au 27.22 m @ 3.11 g/t Au 6.10 m @ 7.14 g/t Au 3.05 m @ 2.61 g/t Au 6.0 m @ 2.56 g/t Au 3.0 m @
Slide 24: Nevada | Jungo Property
Nevada | Jungo Property Project Jungo – Humboldt Jungo Ownership 100% Claims / Size 235 claims (1,960 ha) + 5 km long gold-copper system with mineralization in a magmatic-hydrothermal environment between the Hycroft (~15.3 Moz M&I AuEq) and Sleeper (~3.1 Moz M&I Au) Target deposits Intrusion related
Slide 25: Nevada | Jungo Property – Tier 1 Mining Jurisdiction
Nevada | Jungo Property – Tier 1 Mining Jurisdiction Hycroft Mining News March 15, 2022 Eric Sprott & AMC Entertainment Invest $56M March 25, 2022 Closes at market equity offering of $138.6M Quarter 1, 2022 – Hycroft Mining raises $194.4M TSX-V: AVG 25
Slide 26: Nevada | Jungo Property +5 Km Gold & Copper System
Nevada | Jungo Property +5 Km Gold & Copper System < 1.5 km of the 5 km Mineralized Trend Has Been Partially Tested Favourable belt/age of intrusives that are associated with large Au-Cu deposits all the way to Alaska Geophysics suggests sulphide mineralization in association with intrusions with mu
Slide 27: Nevada | Jungo Property
Nevada | Jungo Property 2022 PDH D – Planned Hole Target Chargeability Section: Old Hole SH10 stopped just short of anomaly, ended in altered intrusive with quartz veinlets and disseminated sulphides. Assays showed increasing Au & As with increasing depth. The base of SH-10 (shown in white) had 59.4
Slide 28: Review of Potential Plans
Review of Potential Plans Alaska - Golden Zone Property: • Continue drilling along strike and to depth at the MEZ with the goal of building gold ounces proximal to the Breccia Pipe Deposits’ NI 43-101 ~300 K oz au mineral resource plus initial drilling into the possible source intrusive unit • Deepe
Slide 29: Veteran Team
Veteran Team Dino Titaro, MSc, PGeo 35+ years experience in exploration and mining operations, Co-discoverer of 2 major gold-copper and gold-sliver deposits Chairman, Director totalling 8.4 million oz of Au and 1.4 billion pounds of Cu Steve Roebuck, BSc, PGeo 25+ years experience in the mining and
Slide 30: Capitalization
Capitalization: Ticker Symbols TSX.V: AVG Issued and Outstanding Shares 167.7 M Warrants Outstanding 15.8 M (1) Options Outstanding 12.8 M (2) Fully Diluted Outstanding 196. 4 M Management, Directors & Insider Ownership ~10 % Eric Sprott ~12.4% Cash on Hand ($USD) as of March 31, 2022 ~$0.65 M High
Slide 31: Contact Information
Contact Information Steve Roebuck, P.Geo Director President & CEO mobile: +1 (905) 741-5458 email: sroebuck@avidiangold.com Avidian Gold Corp. 18 King St East, Suite 902 Toronto, Ontario Canada M5C 1C4 TSX-V: AVG & OTCQB: AVGDF Tel: +1 (647) 259-1786 Fax: +1 (647) 259-1785 e-mail: info@avidiangold.c
Slide 32: Appendix | Intrusion Related Gold Systems
Appendix | Intrusion Related Gold Systems Mineralization Model for the Golden Zone Property IRGS Deposit Types Mineralized Breccia plus Stockwork/Porph Sheeted/Stockwork yry Veins Veins Shear Zone Veins Shallow level systems (Cu-Au-Ag ± Mo) (Au-Ag-Cu ± Zn-Pb) (Au-Ag-Cu-Zn-Pb) eg. Copper King eg. Bre
Slide 33: Avidian | Detailed Property Information
Avidian | Detailed Property Information Golden Zone (agreement to purchase 100%), Alaska 141.1 sq km Avidian owns 29.4% of the property with a purchase agreement to acquire the balance of 70.6% for US $875,000 in cash ($725K paid to date) & US $1,125,000 of stock ($950K paid to date) over a 7 year p