Patagonia Gold Corp · TSXV:PGDC
Patagonia Gold — Investor Presentation (September 2012)
28 slides from Patagonia Gold's investor presentation, September 2012
Slide 1: Investor Presentation September 2012
INVESTOR PRESENTATION September 2012 TSX:PAT AIM:PGD
Slide 2: Important Notice
IMPORTANT NOTICE The information contained in these slides has been prepared by Patagonia Gold plc ("the Company"). The information in these slides is subject to updating, completion, revision, further verification and amendment without notice. These slides have not been approved by the United Kingd
Slide 3: Investment Highlights
Investment Highlights Strong Portfolio of Advanced Exploration Stage Projects Mining-Friendly Santa Cruz Province & Strategic Partnership with Fomicruz, the Provincially Owned Mining Company Geological Prospectivity & Significant Land Holdings in the Deseado Massif Experienced Team with Extensive Re
Slide 4: Patagonia Gold Plc
Patagonia Gold Plc Patagonia Gold Plc is an advanced stage mining exploration company that seeks to grow shareholder value through the acquisition, exploration and development of gold and silver projects in the Deseado Massif region of Argentina Targeting Production of +200,000 Oz. AuEq Per Annum By
Slide 5: Santa Cruz Province
Santa Cruz Province Mining friendly Santa Cruz province Mendoza La Pampa Track record in precious and base metal Buenos Aires Neuguen production Chile Rio Negro Fomicruz is the provincially owned mining company and a partner of Patagonia Gold on certain properties Chubut Argentina Major industry pla
Slide 6: Footprint in Santa Cruz
Footprint in Santa Cruz La Paloma Property Block Lomada de Leiva Fomicruz Properties El Tranquilo Property Block Cap-Oeste La Manchuria COSE La Manchuria PGSA Properties Property Block Fomicruz Agreement Favourable geological prospects with land holdings along mineralized trends 350,000 ha land hold
Slide 7: Santa Cruz Province: Established Mines & Advanced Projects
Santa Cruz Province Established Mines & Advanced Projects Lomada Huevos Verdes de Leiva Cerro Negro El Bagual Don Nicolas La Josefina Cap-Oeste Pinguino Cerro Puntudo COSE Cerro Moro La Manchuria Cerro Vanguardia Mina Marta Manantial PGSA Properties Sarita Espejo Fomicruz Agreement Mineralisation Tr
Slide 8: Resources
Resources 43-101 Compliant (oz) – 4 Projects INDICATED GRADE (g/t) METAL (Oz) PROJECT Tonnes Au Ag AuEq Au Ag AuEq Cap-Oeste 7,790,000 2.93 99.0 4.79 734,000 24,801,000 1,197,000 COSE 20,637 60.06 1,933.07 96.21 39,850 1,282,582 63,835 La Manchuria 425,705 2.95 135.00 4.07 40,317 1,848,211 55,684 Lo
Slide 9: Growth Strategy
Growth Strategy Advancing a Portfolio of Highly Prospective Assets in Santa Cruz 2012 2013 2014 2015 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Advancing Near Term Production LOMADA de Leiva Leach pad expansion to 200,000t & production Commence main heap leach COSE Construction of decline Bulk metallurgical studies & pro
Slide 10: Development Projects
Development Projects 10
Slide 11: Lomada de Leiva Project
Lomada de Leiva Project IN PIT CRUSHING GOLD ROOM PAD EXPANSION UNDER IRRIGATION 11
Slide 12: Lomada de Leiva Project
Lomada de Leiva Project Q2 2011 50,000 tonne trial heap leach pad & processing facility performing satisfactorily Pad expansion to 135,000 tonnes completed in Q2 2012 Continuation to 200,000 tonnes to be completed in Q4 2012 Gold room scheduled for completion early Q4 2012 Resources (oz) Commencemen
Slide 13: Lomada de Leiva Project: HL Project with all key ingredients in place
Lomada de Leiva Project HL Project with ALL key ingredients in place Au Recovery excellent for this type of extraction process, crushing greatly improves leach time Low cost filter material available on site High grade, low strip ratio, ALL oxidised Chosen site for final pad, Improved leach Kinetics
Slide 14: COSE Project
COSE Project 2 km SE of Cap-Oeste COMPLETED 76 drill holes for 22,040 metres NI 43-101 Resource Estimate 34,395 tonnes at 60.06 g/t gold and 1,933.07 g/t silver including inferred resources PLANNED 2012- development drive for underground drilling Resources (Mineralisation open in all Category Tonnes
Slide 15: COSE Project
COSE Project Proposed Underground Access Decline Development NPV of US$ 93.8M @ gold US$ 1,418/oz @ silver US$ 35.00/oz Time frames: Life of mine of 23 months 11 month construction 12 month production with 2 month Capex payback OPEX and CAPEX costs US$ 33M for life of mine using the direct shipping
Slide 16: COSE Project: Ore treatment and handling
COSE Project ORE treatment and handling ORE Treatment Test work underway to “Scrub” ore, majority of metal contained in Altered Matrix Advantages, cost saving in shipping-treatment costs Potentially higher payables from Silica Breccia 11.84 g/t Au 76.81 g/t Ag, hard with Matrix probably not recovera
Slide 17: Exploration and Resources
Exploration and Resources 17
Slide 18: Cap-Oeste Project
Cap-Oeste Project Our flagship project Tracks Bonanza fault Mapped over 6 km strike length of project 94,323 metre drilling completed to April 2012 (61,289m for previous resource, 20,743m for Sept 2012 resource and 12,010m since) Resources Mineralisation open in all Category Tonnes Au (g/t) Ag (g/t)
Slide 19: Cap-Oeste Project Area
Cap-Oeste Project Area Advanced Projects & Other Prospects 19
Slide 20: Cap-Oeste Project Area
Cap-Oeste Project Area Long-section showing Au x metre 1.4Km Pampa 2km’s COSE 2km’s CO-335-D 28.30m @ 4.59 g/t AuEq Multiple Shoots repeating CO-317-D along strike Mineralisation not 37.40m @ closed off at 23.88 g/t AuEq depth, CO- 387-D 20
Slide 21: Cap-Oeste Project
Cap-Oeste Project 25m @ 0.67 g/t Au; 10 g/t Ag SW NE 9.13m @ 3 g/t Au; 61 g/t Ag 450 m Incl 1.5m @ 13.29 g/t Au; 279g/t Ag 7.3m @ 3.54 g/t Au; 31 g/t Ag Incl 2.5m @ 7.49 g/t Au; 38 g/t Ag 5m @ 9.1 g/t Au; 175.5 g/t Ag 350 m Incl 2.03m @ 13.99 g/t Au; 265 g/t Ag 10.1m @ 1.99g/t Au; 109g/t Ag Incl 1.5
Slide 22: Cap-Oeste Met Testwork programme and process technology
Cap-Oeste Met Testwork programme and process technology • Both Oxide and Sulphide amenable to flotation • Au and Ag recoveries in Sulphide returned 88.3% and 95.5% respectively • Au and Ag recoveries in Oxide returned 98.8% and 97.5% respectively •G&T laboratories carrying out second phase flotation
Slide 23: Cap-Oeste Structural Corridor
Cap-Oeste Structural Corridor 2410000mN 2400000mN 2390000mN El Tranquilo Exploration Block 4690000 mN Cap-Oeste COSE 4680000 mN Monte Leon La Bajada Estancia 4670000 mN Marciana 23
Slide 24: La Manchuria Project
La Manchuria Project Exploration stage project 3 drill campaigns completed over past 3 years High-grade gold-silver mineralisation Open to North, South and depth Further drilling planned for late 2012 Resources Category Tonnes Au (g/t) Ag (g/t) Au (oz) Ag (oz) AuEq (oz) INDICATED 425,705 2.95 135.00
Slide 25: Other Exploration
Other Exploration Deseado Massif – 60,000 sq km Second Pass in Progress to Identify Drill Targets El Bagual Sarita PGSA Properties Agreement with Fomicruz 53 additional exploration property blocks totalling 165,596 hectares Three exploration teams dedicated to advancing claims First pass reconnaissa
Slide 26: Corporate History (2007 to Current)
Corporate History (2007 to Current) Corporate Activity Resources & Prospects February – The Company entered into an agreement with Barrick Gold to acquire exploration properties in Santa Cruz 2007 August – Resource estimate for Lomada de Leiva Project October – Initial resource estimate for Cap-Oest
Slide 27: Market Profile
Market Profile Exchange: Ticker AIM:PGD TSX:PAT (1) Share Price £0.29 C$0.45 (2) (2) Market Capitalization F.D. (mm) £226 C$353 (3) 52 Week High/Low £0.70 / £0.14 C$1.09 / C$0.48 Avg 60 Day Daily Volume (mm) 0.90 n/a Basic Shares Outstanding (mm) 779.7 Long term debt Nil Key Ownership • Management &
Slide 28: Management & Board Summary
Management & Board Summary Management William H Humphries – CEO, Managing Director – 40+ years in mining and civil engineering. Previously Managing Director of Brancote Holdings Plc prior to its acquisition by Meridian Gold in 2002. Philip C Yee – CFO – Canadian CA with 25+ years in financial manage
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