Golden Shield Resources Inc. · CSE:GSRI

Golden Shield Resources — Investor Presentation (June 2022)

19 slides from Golden Shield Resources's investor presentation, June 2022

  1. Slide 1: Advancing Gold Assets in Guyana

    Advancing Gold Assets in Guyana June 2022

  2. Slide 2: Disclaimer

    DISCLAIMER CONFIDENTIAL AND PRIVATE INFORMATION Certain statements in this presentation constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events or Golden Shield Resources Corporation. (“Golden Shield Resources”, Golden Shield

  3. Slide 3: The Golden Shield Opportunity and Capital Structure

    The Golden Shield GUYANA Opportunity Capital Structure Experienced Team Shares Outstanding 28.4M Backed by a seasoned executive team with a proven track record in South America. Warrants ($1.35 average exercise price) 3.4M Favourable Jurisdiction Options ($0.85 average exercise price) Guyana is stab

  4. Slide 4: The Golden Shield Team

    THE Leo Hilbert GOLDEN Hathaway Shields Dr. Colin Executive Chairperson CEO, Director Porter & Co-Founder & Co-Founder VP Exploration SHIELD TEAM Former Lumina Copper & related companies Former VP, Exploration of Golden Star Resources Structural Geologist with 25 years of experience in West Africa (

  5. Slide 5: Guyana: A Golden Opportunity

    GUYANA: A GOLDEN OPPORTUNITY AFRICA Guyana is a resource endowed country containing the most prospective, but under-explored region of South America: The Guiana Shield The Guiana Shield has received a fraction of the exploration dollars of it’s sister formation: the West African Shield • The Guiana

  6. Slide 6: The Right Time for Guyana

    THE RIGHT TIME FOR GUYANA Rapid economic growth Increasing M&A and JV Activity Aurora Guyana was the fastest growing country in the February 2019 - Barrick JV with world with a projected 48.7% GDP growth in Reunion Gold for ~$10M 2022¹ Toruparu Oko West August 2020 - Zijin acquires Oil boom Omai Guy

  7. Slide 7: Golden Shield Portfolio

    GOLDEN SHIELD ARAKAKA PORTFOLIO Marudi Mountain (5,457 ha) •March 2022 drill results at Marudi include: • 50 meters at 9.10 g/t gold* 0 km 10 km • 9.75 meters at 11.9 g/t gold FISH CREEK • Historical Resource Estimate: o Indicated: 269,700 oz at 1.9 g/t Au o Inferred: 87,600 oz at 1.6 g/t Au Arakaka

  8. Slide 8: Marudi Mountain Overview

    MARUDI MOUNTAIN Large Underexplored Property OVERVIEW •5,457 ha (54.7 km2) land package in Southwest Guyana •Only 20% of the property has been explored to date Proven Ounces •Historical NI-43-101 resource at Mazoa Hill: •Indicated: 269,700 oz at 1.9 g/t Au •Inferred: 87,600 oz at 1.6 g/t Au High-Gra

  9. Slide 9: Marudi North Phase 1 Drill Highlights

    PHASE 1 DRILL HIGHLIGHTS Azimuth Hole End of Length / From (m) To (m) Gold (g/t) Number hole (m) (m)* Dip 26 28 2 1.34 060 / - MH-21-01 186 70 72 2 2.34 65 84 86 2 1.6 86 88 2 3.89 96 98 2 2.32 106 108 2 3.26 060 / - 116 121 5 2.28 MH-21-02 264 55 137 140 3 1.61 179 222 43 1.39 incl. 201 222 21 2.12

  10. Slide 10: Phase 2 at Marudi Mountain

    PHASE 2 AT MARUDI MOUNTAIN Highlights • MH-22-21: 31 m at 7.58 g/t Au • MH-22-18: 10 m at 4.95 g/t Au • MH-22-17: 15 m at 1.22 g/t Au Summary • 3101.4 m in 12 drill holes • 651 m in 4 drillholes still pending • Targeted depth extension of high- grade mineralization discovered in Phase 1. Why is this

  11. Slide 11: Phase 2 Drill Highlights

    PHASE 2 DRILL HIGHLIGHTS CSE:GSRI / FRA: 4LE0 11

  12. Slide 12: Analogues: Rosebel, Suriname

    ANALOGUES: ROSEBEL, SURINAME MARUDI MOUNTAIN ROSEBEL, SURINAME 3,891,000 Oz Au 9,092,00 Oz Au 4,006,000 Oz Au Equivalent Marudi Land Package Source: 2017, 2022 IAMGOLD Technical Report;* all resources for pits are indicated only CSE:GSRI / FRA: 4LE0 12

  13. Slide 13: Marudi Mountain Project Pipeline

    MARUDI MOUNTAIN PROJECT PIPELINE Proven & Probable Resource Mine Development Measured & Indicated Resource Preliminary Economic Assessment, Pre-Feasibility Study & Feasibility Study Indicated & Inferred Resource Resource Validation and Expansion Diamond drilling, and validation of historical MZA res

  14. Slide 14: Toucan Creek Prospect Highlights

    TOUCAN CREEK PROSPECT HIGHLIGHTS Azimuth / Length Hole ID Inclination / From (m) To (m) Gold (g/t) (m) Length TC-21-10 10.5 14.5 4 1.35 TC-21-10 000/ -55/ 114.5m 36.75 37.75 1 3.71 TC-21-10 64.5 65.5 1 2.82 TC-21-11 23.5 26.5 3 2.22 TC-21-11 64 65 1 5.22 TC-21-11 000 /-55 /169.5m 71 75 4 1.76 Includ

  15. Slide 15: Arakaka Overview and Workplan

    ARAKAKA OVERVIEW AND WORKPLAN • Large, 17,699 ha (176.9 km2) land package located in the Barama Greenstone Belts, 100% owned • Over US $25M in expenditures by past operators on exploration with 12,783 m of historical drilling • All-season road network and daily commercial flights • Previous operator

  16. Slide 16: Fish Creek Overview and Workplan

    FISH CREEK OVERVIEW AND WORKPLAN • 6,028 ha (60.28 km2 ) land package, 100% owned, and proximal to the Arakaka property • Drilling intersected multiple, widespread, high-grade mineralization zones: • Drilling highlights include: FI-96/10: 11. 4 g/t Au over 7 m incl. 37.0 g/t Au over 2.0 m FI-97/19:

  17. Slide 17: Golden Shield Growth Strategy

    GOLDEN SHIELD GROWTH STRATEGY Generate targets, drill test, expand Drill ranked 8 prospects to delineate additional ounces Continue to explore and drill new prospects at Marudi Expand resource at Mazoa Acquire additional projects – Hill and Marudi North acquisitions, JV’s, and alliances EXPLORE Expa

  18. Slide 18: Guyana Comparables

    GUYANA COMPARABLES OKO AREMU ARAKAKA FISH CREEK OKO WEST $250 MARKET CAP ($M CAD ) $236.01 OMAI GOLD MINE $200 $150 EAGLE MOUNTAIN $100 $87.79 $50 $23.07 $31.37 $15.05 - MARUDI MOUNTAIN CSE:GSRI / FRA: 4LE0 18 * As of June 1st, 2022

  19. Slide 19: For more information please contact

    For more information info@goldenshield.ca please contact: www.goldenshield.ca 1090 West Georgia Street, Suite 700 Vancouver, BC, V6E 3V7 Canada

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