Tietto Minerals — Beaver Creek Summit 2020
22 slides from Tietto Minerals's conference presentation, September 2020
Slide 1: Rapidly Growing High-Grade Gold at Abujar
RAPIDLY GROWING HIGH-GRADE GOLD AT ABUJAR Beaver Creek Summit – Virtual (EDT) Tuesday – Thursday, September 15-17, 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: Development of Abujar
DEVELOPMENT OF ABUJAR GROWING 2.2MOZ RESOURCE UPDATE ON PRE-FEASIBILITY STUDY OPEN PIT RESOURCE TRACK FOR OCT 2020 DUE Q1 CY2021 Tietto’s diamond drill rigs have Funded to aggressively grow Updated Resource Estimate delivered 61,000m+ drilling with resources and establish to be incorporated into som
Slide 4: Corporate Update: Capital Structure
CORPORATE UPDATE CAPITAL STRUCTURE (ASX:TIE) A$0.61 394M A$240M A$30M A$210M Share price (15 Sept 20) Shares on issue Market Capitalisation Cash (Sept 20) Enterprise Value SHAREHOLDERS SHARE PRICE MOVEMENT Hongkong Ausino 80 7 Investment 70 6 11.28% 60 5 50 Volume (m) 4 cps Directors 40 8.1% 3 30 2
Slide 5: Directors and Research
DIRECTORS AND RESEARCH DIRECTORS RESEARCH FRANCIS DR CAIGEN ARGONAUT HARPER WANG Matt Keane Non-Executive Managing Chairman Director and Founder CANACCORD DR PAUL MARK Paul Howard KITTO STRIZEK Technical Executive Director Director EUROZ Jon Bishop HANJING XU FOSTER Non-Executive Mark Fichera Direct
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-explored Hosts West Africa’s largest mining Extensive share of greenstone belts for jurisdiction Greenstone Belts prospective gold (~ 34%) Strong Government Tenements granted fo
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 growth AG South - Mandanou o Mineralised linkage structure connecting AG to the oxide resources at APG o Drilling intersecting shallow high-gra
Slide 11: Rapidly Growing Abujar Resource
RAPIDLY GROWING ABUJAR RESOURCE + 20,000m +61,000m diamond drilling drilling to feed completed for current into next resource model resource update 22,000m ? drilling 2.2M 13,000m oz drilling 1.7M oz 0.7M oz IPO – Q1 April Nov Oct 2018 2019 2019 2020 11
Slide 12: Pipeline of Prospects
PIPELINE OF PROSPECTS Aggressive drilling programs designed to drive continued resource growth throughout 2021 Tietto’s fleet of diamond rigs deliver rapid resource growth with some of the gold sectors lowest costs Tenement Resource Definition Target Testing Target Definition Reconnaissance Middle 1
Slide 13: Low Cost Exploration
LOW COST EXPLORATION Drilling our Daily drilling metres – 4DD rigs in July 2020 dollars 50 00 m further Low cost Production rate drilling of up to 8,500m per ~US$35/m month* 5 Consumables Man portable Tietto owns purchased in rigs with small a fleet of 5 bulk footprint diamond drill rigs * 4 diamond
Slide 14: Encouraging Testwork Results
ENCOURAGING TESTWORK RESULTS Other 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: 2020/21 Catalysts
2020/21 CATALYSTS Metallurgical testwork Aggressive drilling programs to drive ABUJAR identifies high recovery flowsheet continued resource growth throughout 2021 GOLD PROJECT Environmental and Social Impact PFS due Q1 2021 Studies underway 3rd Resource Update Q2 Q3 Q4 Q1 2020 2021 Mining Licence ap
Slide 17: Emerging West African Gold Developer
EMERGING WEST AFRICAN GOLD DEVELOPER 2.2moz high-grade Aggressive drilling to drive continued Funded for 2020/21 work program, open pit gold resource resource growth throughout 2021 strong shareholder base High impact low-cost PFS underway - potential Continuous diamond drilling for low cost process
Slide 18: Contact Us
CONTACT US: Tietto Minerals “+61 8 9331 6710 +61 428738385 +61 431084305 admin@tietto.com www.tietto.com
Slide 19: Appendix A: Abujar Gold Project - JORC Resources
APPENDIX A Abujar Gold Project - JORC Resources 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: Appendix A: Abujar Gold Project - JORC Resources
APPENDIX A Abujar Gold Project - JORC Resources 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: AG - Cross Sections
APPENDIX B: AG - CROSS SECTIONS 21
Slide 22: Appendix C: Regional Permits
APPENDIX C: 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