Gfg Resources, Inc. · TSXV:GFG
Gfg Resources — Investor Presentation (November 2021)
31 slides from Gfg Resources's investor presentation, November 2021
Slide 1: Creating a Prominent North American Gold Exploration Company
TSX-V: GFG | OTCQB: GFGSF Creating a Prominent North American Gold Exploration Company Strong Portfolio of Highly Prospective District Scale Assets in Tier I Jurisdictions www.gfgresources.com November 2021
Slide 2: Cautionary Statement
Cautionary Statement Cautionary Note Regarding Forward-Looking Information This document contains certain forward-looking statements relating but not limited to the Company’s expectations, intentions, plans and beliefs. Forward-looking information can often be identified by forward-looking words suc
Slide 3: A North American Au Explorer
A North American Au Explorer A Compelling Investment Opportunity Experienced Management & Board Highly credible, innovative & disciplined team with track record of success in exploration, development & production District Scale Opportunities Consolidated two district scale assets with brownfield & g
Slide 4: Corporate Snapshot
Corporate Snapshot Major Insider Ownership & Backed by Strong Institutions Capital Structure Shares outstanding (basic) 139.9 million Warrants 0 Shares outstanding (fully diluted) 147.0 million Share price (Oct. 29, 2021) C$0.17 Market Cap ~C$20 million Cash (June 30, 2021) ~C$1.6 million Analyst Co
Slide 5: Leadership Team
Leadership Team Successful Explorers, Developers & Producers Management Team Our experience includes: Brian Skanderbeg President & CEO, Director Rick Johnson CFO & Corp. Secretary Rob Mackie VP, Exploration Marc Lepage VP, Business Development Board of Directors Patrick Downey Chair Arnold Klassen D
Slide 6: Why Gold Exploration?
Why Gold Exploration? Quality Greenfield Opportunities are Rare Exploration Spend & Ounces Found : World 1985-2019 Why exploration companies Moz Primary gold deposits only >100koz US$ Billion matter more than ever: 350 Est Unreported Discoveries $14 Moz Gold Found 300 $12 Exploration Expenditures •
Slide 7: Surrounded by Majors
Surrounded by Majors World Class Gold District & Infrastructure Where is the best place to make the next BIG discovery? • Control the 2nd largest land position (+700 km2) +130 M Au ozs in this map • Projects strategically located along main structural breaks • Outstanding infrastructure, skilled lab
Slide 8: Timmins East – Proven Gold Systems
Timmins East – Proven Gold Systems Regional Landscape Go West Bradshaw Montclerg Clavos Bell Creek Grace Hoyle Pond Fenn-Gib Kirkland Pan American McEwen Newmont 25km Strategic Location Along The Pipestone www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 8
Slide 9: Montclerg Gold Project
Montclerg Gold Project Overview & DDH DDH Database • 123 holes (27,811m) • 96 holes (19,730m) along 1.6 km Montclerg trend, 80 holes completed prior to 1967 • 23 holes (4,700m) along 0.6 km CMX trend 1 km A Fertile System That Has Only Been Tested Locally & Shallowly *See footnote for QA/QC disclosu
Slide 10: Why We Like It
Why We Like It MC & CX Cross Section Robust System with Multiple Gold Events Present *See footnote for QA/QC disclosure p.31 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 10
Slide 11: MC Trend
MC Trend Historic Drilling - Central Panel 1.20 Au / 40m 3.30 g/t Au - 1% py and minor aspy Two vein orientations 2.79 g/t Au - 2 % pyrite and aspy 70% quartz vein 70 TCA 0.90 Au / 24m 1.17 g/t Au - Trace to 5% sulphide 1.25 g/t Au - 1-5% Sulphide 400 m 3.20 Au / 2.4m 1.69 g/t Au 5% Py and Asp 5:1 6
Slide 12: CX Trend
CX Trend Historic Drilling Clavos Sericite altered porphyry Tr Py; Qtz-Carb veinlets Minz seds 1.11 g/t Au Porphyry-sediment contact Qtz-Carb with Py; minor fuchsite 0.2-0.6 g/t Au Bleached sediment with shallow qtz veining and 2-5% py Porphyry 2671 +/- 6.2Ma “Late Tectonic” The Right Age of Intrusi
Slide 13: Our Strategy
Our Strategy Significant Opportunity to Expand the Systems 5 km MC & CX Drill Targets A. Proximal extensions to high grade MC footwall system (300m depth) B. Distal extensions to high grade MC footwall system C. Confirmation & expansion of near- Pipestone DZ surface MC Trend (<150m) in different fau
Slide 14: Montclerg Transaction Details
Montclerg Transaction Details Adding a More Advanced Project to GFG C$2.0M in equity over 24-months • 50% or C$1.0M on closing Equity • 25% or C$500K 12 months post close • 25% or C$500K 24 months post close Exploration Spend C$1.0M in qualifying expenditures over 2 years C$1.0M in assessment credit
Slide 15: Investment Rationale
Investment Rationale The Right Project at the Right Valuation Transaction leverages GFG’s position in the Timmins camp, lowers exploration risk & allows for more consistent news flow Fits with our strategy & team’s core competencies Strategic land position in a Tier 1 jurisdiction with significa
Slide 16: Pen Gold Project
Pen Gold Project New Discovery & Multiple High-Grade Results “We are demonstrating that this area of the Abitibi is underexplored & represents an exciting region to make gold discoveries” Sewell Region: Slate Rock: Nib: • Intersected 3 distinct high-grade Au structures • Demonstrated broad zones of
Slide 17: Regional Drill Targets
Regional Drill Targets Focused to Make a New Discovery Boundary Broadway Sewell • Prospecting discovered multiple new • Total package mineralized on surface over > 40 • Located along the PDFZ & has analogies to occurrences with up to 11 g/t Au m width Timmins West Mine located 15 km’s NE • 3 km targ
Slide 18: Regional Drill Targets
Regional Drill Targets Focused to Make a New Discovery Reeves Slate Rock • Camp scale target - 4 x 6 km with several • Kilometre-scale intrusion hosted gold system untested targets Hoodoo • 4 X 2 km target area • Structural interpretation – PDFZ controlling • Kilometre scale extension to the histori
Slide 19: Dore Gold Project
Dore Gold Project Next to World Class Gold System • District scale land package – 212 km2 • Located in between the Borden gold project & the Cote gold project • Cote Gold Project: construction started to build 36,000 tpd mill – complete in 2022 • Highly prospective based on regional geophysical & ge
Slide 20: Rattlesnake Hills Gold Project, Wyoming U.S.
Rattlesnake Hills Gold Project, Wyoming U.S. District Scale Gold Project Analogous to Cripple Creek & Wharf Deposits
Slide 21: Prospective Gold Belt
Prospective Gold Belt Geology Analogous to Cripple Creek & Wharf Mines District Scale Land Package 52 square miles | 30,400 acres | 135 square km +USD$40 Million Invested 102km of drilling focused on a small section of the property Wyoming One of the best jurisdictions for mining & exploration in th
Slide 22: North Stock & Antelope Basin
North Stock & Antelope Basin A Very Large Gold System 1.0 km Selected Highlight Drill Intercepts (1) Hole From (m) To (m) Length (m) Au (g/t) RSC-007 108.20 344.36 236.16 1.85 RSC-019 83.82 181.36 97.54 1.21 RSC-020 143.26 198.91 55.66 9.73 Incl. 160.02 176.78 16.76 26.21 RSC-039 25.91 176.78 150.88
Slide 23: Group 11 Transaction
Group 11 Transaction Option & JV Agreement to Earn 70% Partnering with Group 11 to disrupt the gold mining space….. G11 Technologies (“Group 11”) has the right to acquire up to 70% by completing a series of exploration & development expenditures & making staged cash & equity payments over 5 1/2 year
Slide 24: Group 11 Competitive Advantage
Group 11 Competitive Advantage Putting All the Pieces Together Only recently have scientists been able to put all the pieces together to make it work – no new ingredients – just a refined recipe for precious metal extraction www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 24
Slide 25: EnviroLeach Solution
EnviroLeach Solution An Alternative to Cyanide LEACH EFFICIENCY Sulphide/Gold Concentrate Leach Test Results 600 100% 90% 500 Gold in Solution (ppm) 80% Gold Recovery (%) 400 70% 60% 300 50% 40% 200 30% 100 20% 10% 0 0% 0 1 2 3 7 8 10 11 12 13 16 17 19 21 TIME (Hours) www.gfgresources.com TSX-V: GFG
Slide 26: Why Rattlesnake?
Why Rattlesnake? The Right Location & Geology Wyoming is rated as one of the top mining jurisdiction in the U.S. Wyoming regulators understand & effectively legislate ISR better than anywhere else in the U.S. Gold grades throughout the system vary from low to high, allowing for testing various
Slide 27: Invest in GFG For……
Invest in GFG For…… Exposure to district scale assets in world class jurisdictions Our technical team that has a proven track record Our ability to finance projects Our promise to maximize $’s in the ground Opportunity to find the next Timmins Gold Mine & develop an ISR gold project in Wyoming Fully
Slide 28: Stay Informed & Connected
Contact Us: Stay Informed & Connected Marc Lepage, VP Business Development www.gfgresources.com marc@gfgresources.com 306-931-0930 202- 640 Broadway Ave Saskatoon, SK Canada S7N 1A9 VRify www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF 28
Slide 29: Executive Team
Executive Team Biographies Brian Skanderbeg, P.Geo. - President & CEO, Director Mr. Skanderbeg was most recently President & CEO of Claude Resources Inc. which was acquired by SSR Mining for $337 million. He previously worked for Goldcorp, Inco Ltd. & Helio Resources, holding positions in both explo
Slide 30: Board of Directors
Board of Directors Biographies Patrick Downey, P.Eng. - Non-Executive Chair Mr. Downey has over 25 years of international experience in the resource industry. Mr. Downey has significant executive & board experience which includes, Claude Resources, Victoria Gold, Dalradian Resources, Elgin, Viceroy,
Slide 31: Footnotes
Footnotes 1. Sampling and Quality Control: Till Samples were collected from hand-dug pits by experienced samplers at depths up to 1 meter in a grid pattern with nominal spacing of 500 by 1000m in areas of till cover. Geochemical samples (~2 kilograms) were sieved to minus 230 mesh and analyzed for g
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