Slide 1: Pelangio Exploration Inc.
Pelangio Exploration Inc. From Exploration to Production in Ghana’s Premier Gold Regions September 2024
Slide 2: Disclaimer
DISCLAIMER CAUTIONARY NOTE REGARDING MINERAL RESOURCE ESTIMATES Investors should not assume that any of the indicated or inferred resource disclosed herein will ever be The words “plans”, “expects”, “is expected”, “budget”, “projects”, “scheduled”, “estimates” “forecasts”, upgraded to a higher categ
Slide 3: About Pelangio
About Pelangio Pelangio Exploration Inc. is committed to advancing world-class gold projects with a strategic focus on near-term production. By leveraging our extensive experience in exploration and our deep understanding of the geological landscape, we aim to deliver significant value to our shareh
Slide 4: Market Opportunity
Market Opportunity Gold Market Dynamics Strategic Positioning The gold market continues to be Pelangio’s Manfo Project is ideally underpinned by robust demand, driven positioned to take advantage of these by economic uncertainty, geopolitical market dynamics. With production tensions, and a weakenin
Slide 5: Why Pelangio?
Why Pelangio? Near-Term Production Potential Experienced Leadership and Focused on Production: Pelangio is on the verge of transitioning Strategic Partnership from exploration to production, with the Manfo Project in Ghana set Expert Management Team: Our leadership team has decades of to come online
Slide 6: Meet Our Team
MEET OUR TEAM Ingrid Hibbard, Kevin Thomson, Sam Torkornoo, LL.B. Donna McLean P.Geo. P.Geo. PRESIDENT & CEO CFO Senior V.P. VP Africa Ms. McLean brings over 30 years of experience in financial reporting, Exploration Ingrid Hibbard was appointed Mr. Thomson is a senior mining professional with Sam T
Slide 7: Our Ghanaian Portfolio
Our Ghanaian Portfolio Our Manfo project is on the fast track to production, targeting near-term gold output. The Obuasi project offers Tier 1 exploration potential, while Dankran provides further upside with ongoing exploration. Positioned in Ghana’s world-class gold districts, Pelangio is poised f
Slide 8: Our Flagship: Manfo
OUR FLAGSHIP: MANFO Location and Significance • Prime Location: The Manfo Project is strategically located in Ghana’s renowned Sefwi-Bibiani Gold Belt. This prime location offers significant geological potential and access to established mining infrastructure. • Strategic Importance: As the cornerst
Slide 9: Why Manfo?
WHY MANFO? Historic - NI-43-101 Gold Resources * • 43-101 Completed by SRK Consulting in 2013 at gold price of $1450. Strategic Location • Located in One of Africa’s Richest Gold Belts: Manfo is located 50 km north of Asante’s Bibiani mines and 14 km south of Newmont’s Ahafo mine. The Sefwi-Bibiani
Slide 10: Path to Production: Manfo Project
Path to Production: Manfo Project 0-6 Months 6-24 Months 2-3 Years 3-5 Years Data Engineering Permitting Construction & consolidation Studies Ramp Up Secure necessary Initiate full-scale Conduct an initial Conduct detailed environmental and construction of the mine assessment of the loan engineering
Slide 11: The Obuasi Project Overview
THE OBUASI PROJECT OVERVIEW 1. Location and Significance • Prime Location in Ghana’s Ashanti Gold Belt: The Obuasi Project is strategically situated in the Ashanti Gold Belt, a globally recognized region known for its rich, high-grade gold deposits. This area has a long history of successful gold mi
Slide 12: Obuasi Project Exploration, Development, and Partnerships
OBUASI PROJECT EXPLORATION, DEVELOPMENT, AND PARTNERSHIPS 1. Exploration Potential • Untapped High-Grade Targets: The Obuasi Project includes several high-priority exploration targets with significant potential for discovering high-grade gold mineralization. • Impressive Drill Results: Pelangio’s dr
Slide 13: Dankran Project
DANKRAN PROJECT 1. Strategic Location • 35 km² on the Ashanti Gold Belt: The Dankran Project covers a 35 km² area on the Ashanti Gold Belt, one of the most prolific gold-producing regions in Ghana, and is contiguous to our Obuasi project. This belt is home to the world-class Obuasi Mine, located jus
Slide 14: Our Canadian Portfolio
Our Canadian Portfolio Our Canadian exploration portfolio offers global diversification with significant upside potential, positioned to capitalize on a rising gold market. With well-advanced projects and strong exploration potential, these assets complement our Ghanaian projects, ensuring both grow
Slide 15: Birch Lake Project
BIRCH LAKE PROJECT 1. Strategic Location • Situated in the Birch-Uchi Greenstone Belt: The Birch Lake Project is located within the highly prospective Birch-Uchi Belt, approximately 120 km northeast of Red Lake, Ontario. This belt is known for its rich gold deposits, including the nearby Springpole
Slide 16: The Mann Patents
THE MANN PATENTS 1. Strategic Location • Proximity to Major Nickel Discoveries: The 2 km² Mann Patents are strategically located just 2.2 km from Canada Nickel Company’s newest discovery, "Mann Northwest." This proximity to a significant nickel discovery highlights the high exploration potential of
Slide 17: The Seeley Lake Project
THE SEELEY LAKE PROJECT 1. Strategic Location • Located in the Hemlo-Schreiber Greenstone Belt: The Seeley Lake Project is situated within the Hemlo-Schreiber Greenstone Belt, known for significant gold deposits and its proximity to major mining operations, including Barrick Gold’s Hemlo Mine. • Pro
Slide 18: Commitment to ESG Excellence
COMMITMENT TO ESG EXCELLENCE Environmental Stewardship • Sustainable Exploration: Pelangio minimizes its environmental footprint by adopting best practices in exploration, focusing on reducing impact, preserving biodiversity, and managing natural resources responsibly. • Water and Waste Management:
Slide 19: Governance and ESG Reporting
GOVERNANCE AND ESG REPORTING Governance and Ethics Strong Governance: Pelangio upholds high standards of corporate governance, ensuring transparency, accountability, and ethical conduct across all operations. Compliance and Integrity: The company maintains a culture of integrity, regularly updating
Slide 20: Pelangio Exploration: Positioned for Success
PELANGIO EXPLORATION: POSITIONED FOR SUCCESS With a diversified portfolio spanning both near-term production potential and high-impact exploration assets, Pelangio is strategically poised to deliver significant value. Our projects in Ghana’s prolific gold belts and Canada’s stable mining jurisdictio
Slide 21: Thank You
Thank You PELANGIO
Slide 22: Technical Appendix
Technical & Appendix
Slide 23: TuNya Earn-In Option on the Obuasi Property
TuNya Earn-In Option on the Obuasi Property Partnership Overview • Earn-In Agreement: Pelangio has entered into a Letter of Intent (LOI) with TuNya Mineral Resources, granting TuNya the right to earn an 80% interest in the southern portion of the Obuasi Property. This area covers Tarkwaian stratigra
Slide 24: Manfo Project – Resource Deposits, Exploration, and Step-Out Drilling
Manfo Project – Resource Deposits, Exploration, and Step-Out Drilling Resource Deposits and Exploration Potential Three Resource Deposits Defined*: • Indicated: 195,000 oz Au (@ 1.5 g/t) • Inferred: 298,000 oz Au (at 1.0 g/t) Exploration Potential: • Step-Out Drilling: Focused on resource extension
Slide 25: Manfo Project – 493 Koz Resource with Significant Exploration Potential
Manfo Project – 493 Koz Resource with Significant Exploration Potential • Strategic Location: The Manfo Project is centrally located within the Sefwi-Bibiani Gold Belt, just 50 km north of Asante’s Bibiani mines and 14 km south of Newmont’s Ahafo mine, placing it in a prime position within one of Gh
Slide 26: Manfo – Pokukrom East 2023 Drilling Results
Manfo – Pokukrom East 2023 Drilling Results Drilling Highlights • Diamond Drilling Program: Conducted 4 diamond drill holes (702m) aimed at extending mineralization down-dip at the southern end of the Poku East Zone and filling gaps in the resource. Key Intercepts: • SPDD23-007: Extended mineralizat
Slide 27: Pokukrom Deposits Leapfrog Model
Pokukrom Deposits Leapfrog Model Mineralization Extends Beyond $1,450 Optimized Pits Resource Estimate Update: A mineral resource estimate update will be conducted at the prevailing gold price, which is expected to be significantly higher than $1,450/oz. This update will follow the planned 3,700m of
Slide 28: Manfo Best Drill Intercepts
MANFO BEST DRILL INTERCEPTS Pokukrom East Pokukrom West From To Interval Grams X From To Interval Grams X DHID Au (g/t) DHID Au (g/t) (metre) (metre) (metres) Metres (metre) (metre) (metres) Metres SPDD-188 96 160 64 2.6 166.4 SPDD-090 1 51 50 6.89 344.5 SPDD-184 131 244 113 1.19 134.5 SPDD-083 4 44