Tristar Gold Inc. · TSXV:TSG
Tristar Gold — Investor Presentation (June 2020)
18 slides from Tristar Gold's investor presentation, June 2020
Slide 1: Corporate Presentation
1 TSXV: TSG OTCQB:TSGZF DEVELOPING GOLD DELIVERING VALUE Corporate Presentation June 2020 www.tristargold.com
Slide 2: Disclaimer
2 DISCLAIMER Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this presentation. No stock exchange, securities commission or other regulatory authority ha
Slide 3: Capital Structure
3 CAPITAL STRUCTURE Market Capitalization C$64 million Shares Issued 193.4 million Institutions Retail 35% 38% Cash ~C$6.5 million Fully Diluted Shares 243.6 million Insiders/ Associates 27% Share Price C$0.33 Stock Options 13.6 million 52-week Range C$0.16 – 0.39 Warrants 36.7 million Listing: TSXV
Slide 4: TriStar Gold
4 TRISTAR GOLD Well Financed: Fully funded through current programs Strong Leadership Team: Successful Management and Directors Management Directors NICK APPLEYARD MARK E. JONES III PRESIDENT, CEO, DIRECTOR CHAIRMAN MO SRIVASTAVA BRIAN IRWIN VICE PRESIDENT CORPORATE SECRETARY QUINTON HENNIGH SCOTT B
Slide 5: Castelo de Sonhos
5 CASTELO DE SONHOS • 17,177 Ha property 100% controlled The Project • Large gold deposit: 19 km outcrop 5km • A paleo-placer gold deposit that is analogous to producing mines Tarkwa and Jacobina • Close to infrastructure Straightforward • Mineralization at surface → simple open pit Mining • Simple
Slide 6: Resource Growth
6 RESOURCE GROWTH Between 2014 and 2018 TriStar Gold grew the resource by 7x. Mineral Resource Inferred – 39.8 Mt @ 1.0 g/t, for 1.3 million oz gold Indicated – 17.7 Mt @ 1.2 g/t, for 0.7 million oz gold In Q4 2018, TriStar completed a PEA at Castelo de Sonhos www.tristargold.com
Slide 7: Preliminary Economic Assessment
7 PRELIMINARY ECONOMIC ASSESSMENT Results at $1250 gold price. 1.1Moz Gold Projected over 8-year life • Base-case $1,250 gold price IRR 51% pre-tax, 43% post-tax NPV • $319M pre-tax • $264M post-tax $184M Initial Capex LOM All-In-Sustaining-Cost $687/oz gold AISC is a “Non-IFRS financial measure” wi
Slide 8: Pre-Feasibility Study
8 PRE-FEASIBILITY STUDY Drilling Objectives • Esperança South only • 20,000m infill drilling is near completion • Upgrade Resource Classifications De-Risking Esperança South • Initiate Baseline Social and Environmental Studies • Commence Permitting Activities Towards Production Independent Team • CS
Slide 9: Undrilled Outcrop
9 UNDRILLED OUTCROP So far, TriStar has drilled only a fraction of the near surface potential at Castelo de Sonhos Gold mineralization is open along Undrilled Outcrop strike and down dip and supported Target Area by gold-in-soil anomaly. Many kilometers remain to be tested Drilling confirms the pres
Slide 10: Upside Exploration
10 UPSIDE EXPLORATION Machine Learning from Gold Spot Discoveries uses inputs such as geophysics, generate a new bedrock map that is then draped onto topography. New targets can then be defined in 3D. Surface Targets Esperança South Deep targets www.tristargold.com
Slide 11: CDS Deeps
11 CDS DEEPS Existing drilling shows that gold grades are often elevated next to granitic dykes → is there a gold-rich layer, along the contact of the intrusion where it has eaten through the mineralized conglomerate? Potential high-grade target could span over 5Km from Esperança West – Esperança So
Slide 12: Contact Information
12 CONTACT INFORMATION Toronto, Canada Mo Srivastava, Vice President - Technical studies Castelo de Sonhos, Brazil Project Geologists Corporate Office - Drilling / site studies Nick Appleyard: President & CEO Belo Horizonte, Brazil Scott Brunsdon: CFO Country Coordinator Scottsdale Office: +1 (480)
Slide 13: Castelo de Sonhos Town
13 CASTELO DE SONHOS TOWN www.tristargold.com
Slide 14: Castelo de Sonhos Project
14 CASTELO DE SONHOS PROJECT www.tristargold.com
Slide 15: Current Mineral Resource
15 CURRENT MINERAL RESOURCE Metal Content3 Region Classification Tonnage (Mt) Grade (g/t Au) (Moz Au) Indicated 11.8 1.4 0.5 Esperança South Inferred 21.7 1.2 0.8 Indicated -- -- -- Esperança East Inferred 11.8 0.9 0.4 Indicated 5.9 0.9 0.2 Esperança Center Inferred 6.3 0.7 0.1 Indicated 17.7 1.2 0.
Slide 16: Metallurgical Results
16 METALLURGICAL RESULTS Metallurgical parameter Abrasion Index (Ai) 0.33–0.37 Bond Work Index (Bwi) 13.5–13.7 Head Grade Tested (g/t) 1.3 Overall Recovery at 150 µm 98 % Reagent Consumption - Cyanide (kg/t) 0.16 Reagent Consumption - Lime (kg/t) 0.5 P(80) Gold recovery 250 microns 93% 150 microns 9
Slide 17: Key Development Metrics
17 KEY DEVELOPMENT METRICS Resources & Processing Project Economics – after tax Tonnes processed (M tonnes) 25 Base Case Gold Price (US$/oz) $1,250 Average Grade (g/t) 1.44 Project IRR (%) 43% Contained Gold (Koz) 1,158 Project NPV, 5% (US$M) $264 Overall Strip Ratio (Waste:Processed) 8:1 Processing
Slide 18: PEA Sensitivities
NPV GOLD PRICE 18 @MUS$ 750 813 875 938 1000 1063 1125 1188 1250 1313 1375 1438 1500 1563 1625 1688 1750 PEA SENSITIVITIES 2.28 2.47 2.66 -465 -394 -333 -413 -342 -281 -361 -290 -229 -309 -239 -179 -258 -188 -129 -207 -139 -80 -158 -89 -31 -108 -40 16 -58 7 62 -11 53 107 36 98 151 82 143 195 126 188