Tietto Minerals — Investor Presentation (June 2020)
21 slides from Tietto Minerals's investor presentation, June 2020
Slide 1: Rapidly Growing High-Grade Gold at Abujar
RAPIDLY GROWING HIGH-GRADE GOLD AT ABUJAR JUNE 2020 (ASX:TIE)
Slide 2: Disclaimer
DISCLAIMER This presentation prepared by Tietto Minerals Limited (“Company”) does This presentation also contains reference to certain intentions, The information in this presentation that relates to Mineral Resources was not purport to contain all the information that a prospective investor may exp
Slide 3: The Development of Abujar
THE DEVELOPMENT OF ABUJAR GROWING 2.2MOZ RESOURCE RESOURCE UPDATE ON PRE-FEASIBILITY STUDY - 50,000M DRILL PROGRAM TRACK FOR Q3 2020 DUE Q1 CY2021 Tietto’s five diamond drill Funded to aggressively grow Updated Resource Estimate rigs delivering 50,000m drill resources and establish to be incorporate
Slide 4: Capital Structure
CORPORATE UPDATE CAPITAL STRUCTURE (ASX:TIE) A$0.38 355M A$135M A$13.8M A$121.2M Share price (9 June 20) Shares on issue Market Capitalisation Cash (31 March 20) Enterprise Value SHAREHOLDERS SHARE PRICE MOVEMENT 40 6 Hongkong Ausino 35 Investment 5 30 12.5% 25 4 Volume (m) cps 20 3 Directors 15 9.9
Slide 5: Directors and Research
DIRECTORS AND RESEARCH DIRECTORS RESEARCH FRANCIS DR CAIGEN HARTLEYS HARPER WANG Paul Howard Non-Executive Managing Chairman Director EUROZ Jon Bishop DR PAUL MARK KITTO STRIZEK Technical Executive Director ARGONAUT Director Matt Keane HANJING XU Non-Executive Director 5
Slide 6: Unlocking Côte d'Ivoire's Gold
UNLOCKING CÔTE D’IVOIRE’S GOLD Increasing Gold 32.6t of gold produced Production from 5 mines in 2019 Stable, vastly under- Hosts West Africa’s largest explored Extensive share of greenstone belts for mining Greenstone Belts prospective gold (~ 34%) jurisdiction Strong Government Tenements granted f
Slide 7: Abujar Gold Project
ABUJAR GOLD PROJECT • JORC Resource of 45.5Mt at 1.5g/t Au for 2.15Moz • Update on track for Q3, CY2020 • High-grade core of 1.4Moz at 2.2g/t Au at AG deposit • 3 contiguous tenements totalling 1,114km2 • JORC 2012 Resource contained within 2 main deposits: • AG – 34.3Mt for 1.81Moz, containing 1.4M
Slide 8: AG Deposit
AG DEPOSIT • Drill testing extensions to high-grade core at AG • Results from AG extend gold mineralisation 100m below existing resource • Notable results include: • 7m @ 57.79 g/t Au from 76m • 7m @ 41.76 g/t Au from 55m • 21m @ 13.02 g/t Au from 215m High-grade • 16m @ 16.31 g/t Au from 111m gold
Slide 9: APG Deposit
APG DEPOSIT TARGETING GROWTH IN 2020 • Inferred JORC 2012 Mineral Resource of 12.24Mt @ 1.0g/t Au for 350,000oz • Gold mineralisation intersected over a 5km strike • Drilling has defined a wide mineralised gold system • Recent results include: • 9m @ 2.32g/t Au from 160m incl. 4.92m @ 3.80g/t Au • 1
Slide 10: Priority Exploration Targets
PRIORITY EXPLORATION TARGETS AG Core – High-grade core extension o Over 1km strike high grade core from Line Stepping out – 15 to Line 29 targeting resource AG South - Mandanou growth o Mineralised linkage structure connecting AG to the oxide resources at APG o Drilling intersecting shallow high-gra
Slide 11: Pipeline of Prospects
PIPELINE OF PROSPECTS • 50,000m drill program Other targets include: also targeting: Resource Definition Target Definition 1. AG + AG Deeps 10. Koflankro • AG South – Shallow 2. Pischon 11. Vingt-Deux (22) high-grade 3. Golikro 13. Agokro mineralisation 4. Pischon Golikro Link 16. Potoco • GGL (Gami
Slide 12: Rapidly Growing Abujar Resource
RAPIDLY GROWING ABUJAR RESOURCE + 20,000m +50,000m diamond drilling drilling to feed completed for current into Q3 2020 resource model resource update 22,000m drilling ? 2.2 13,000m Moz drilling 1.7 Moz 0.7 Moz IPO – Q1 April Nov Q3 2018 2019 2019 2020 12
Slide 13: Low Cost Exploration
LOW COST EXPLORATION DD DAILY DRILLING PROGRESS 105 Tietto 99 100 stretching RIG P600-1 RIG P600-2 RIG P800-1 RIG P800-2 50 drilling dollars 00 m 82.5 81 81 further 80 78 75 73.5 72 Low cost Production rate 69 67 67.5 69 drilling of 5,000~7,500m 63 63 58.5 ~US$35/m per month* 60 54 54 57 56 51 44.5
Slide 14: Encouraging Testwork Results
ENCOURAGING TESTWORK Other RESULTS Process Material AG Deposit(1) Projects(2) Oxide 64.4% 5% - 30% • Metallurgical testwork on AG samples Gravity Trans 82.6% 15% - 40% indicates potential low-cost processing Fresh 83.6% 38% • Excellent gold recoveries at coarse grind Gold Recovery(3) Oxide 98.5% 90%
Slide 15: Committed to Our Community
COMMITTED TO OUR COMMUNITY • Health and safety of our people is a top priority • Enhancing a safety culture through effective two-way communication and accountability • Continuous development of employee knowledge of safety best practices • Working to reduce our footprint through conservation and pr
Slide 16: 2020 Catalysts
2020 CATALYSTS Metallurgical testwork nearing completion Drilling and Drilling continues PFS continue ABUJAR Environmental and Social PFS due Q1 2021 GOLD PROJECT Impact Studies underway Q1 Q2 Q3 Q4 2020 2021 25,000m of Application for 50,000m drill Mining Licence program completed Strong 3rd Resour
Slide 17: Emerging West African Gold Developer
EMERGING WEST AFRICAN GOLD DEVELOPER 2.2moz high-grade Delivering rapid Funded for 2020 work program, gold resource resource growth strong shareholder base 50,000m high impact & Potential for low Continuous low-cost drilling cost processing newsflow 1 7 17
Slide 18: Contact Us
CONTACT US: Tietto Minerals “+61 8 9331 6710 +61 428738385 +61 43108430561 admin@tietto.com www.tietto.com
Slide 19: Abujar Gold Project - JORC Resources
APPENDIX Abujar Gold Project - JORC Resources A Mineral Resource Estimates - RPM Global (November 2019)* Oxide Transition Fresh Total Area Class Quantity Au Au Quantity Au Au Quantity Au Au Quantity Au Au (Mt) (g/t) (MOz) (Mt) (g/t) (MOz) (Mt) (g/t) (MOz) (Mt) (g/t) (MOz Indicated 0.08 2 0.01 0.3 1.
Slide 20: Abujar Gold Project - JORC Resources
APPENDIX Abujar Gold Project - JORC Resources A AG JORC 2012 Mineral Resource - RPM Global (November 2019)* Indicated Inferred Total COG MTonnes Au g/t Moz MTonnes Au g/t Moz MTonnes Au g/t Moz 0.3 16.1 1.7 0.88 27.9 1.2 1.09 44.0 1.4 1.97 0.4 15.1 1.8 0.87 25.8 1.3 1.07 40.9 1.5 1.93 0.5 13.7 1.9 0
Slide 21: Appendix B: Regional Permits
APPENDIX B: REGIONAL PERMITS Highly prospective – Significant land package • Boundiali Group (North Côte d’Ivoire) ✓ Within 20Moz+ Au province • Bongouanou (South-East Côte d’Ivoire) ✓ Underexplored province ✓ Fully granted permits ✓ Reconnaissance geochemical survey planned • Sinfra (Central Côte d