Corporate Presentation - February 2, 2018 - Indigo Exploration
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Corporate Presentation – February 2, 2018
DISCLAIMER Certain statements in this presentation may constitute “forward-looking statements” such as estimates and statements that describe Indigo Exploration Inc.’s (“Indigo”) future plans, objectives or goals. Forward-looking statements are generally identifiable by the use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. All such forward-looking information and statements are based on certain assumptions and analyses made by Indigo’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Indigo to be materially different from future results, performance or achievements expressed or implied by those forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, changes in metal prices or certain other commodities and currencies, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in domestic and foreign areas in which Indigo may operate, and the overall risks involved in the exploration, development and mining business, as well as those factors discussed in the sections relating to risk factors of Indigo set out in Indigo’s MD&A filed on SEDAR. There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, Indigo does not intend to revise or update these forward-looking statements whether as a result of new information or subsequent events and developments or otherwise. This presentation is for information purposes only and under no circumstance is to be construed as an offering of securities Indigo. Paul Cowley, P.Geo., a Consultant to Indigo Exploration Inc., is the qualified person responsible for reviewing the technical information in this presentation. www.indigoexploration.com TSX.V : IXI 2
MISSION STATEMENT
“To aggressively explore a portfolio of projects assembled by a world-class African-focused
geologist with more than 40M ounces of gold discovery under his belt. Indigo will use the best
available expertise, technology and capital to provide the best potential for the discovery of
Burkina Faso’s next economic gold deposit.”
Indigo Has:
2 projects on the Birimian Greenstone Belt in Burkina Faso, West Africa
Large land position: 422 km2 in permits
Multiple Multi-km scale drill targets that are drill ready
Active and growing artisanal mining operations on each project
One of the highest grade drill intercepts in 2011 – 29.67 g/t Au over 7m
Personnel with outstanding discovery success in the Birimian Belt (+40M oz Au)
Drilling targets that offer multi-million ounce potential
www.indigoexploration.com TSX.V : IXI 3
FINANCIAL OVERVIEW Ticker Symbol: TSX.V : IXI Warrants: 21.37 million 52 Week High/Low: $0.030 / $0.055 Fully Diluted: 108.31 million Recent Price: $0.03 Cash: $0.01M Common Shares: 84.34 million Market Cap: $2.5M Options: 2.6 million www.indigoexploration.com TSX.V : IXI 4
BOARD AND MANAGEMENT Paul Cowley, P.Geo – President/CEO and Director Successful senior exploration geologist in South America and northern Canada, instrumental in the discovery and advancement of four major gold deposits in the Canadian Arctic. Tom Henricksen – VP Exploration and Director Successful senior exploration geologist, on discovery teams for borate deposits in Bolivia, two gold and silver deposits in Peru, two porphyry copper deposits in Peru, a gold deposit in Colombia and a copper-silver deposit in Montana. Lorne Warner, P.Geo. – Director Mr. Warner has over 30 years of experience with major and junior mining companies, including Noranda Exploration and Placer Dome. He was highly successful in the discovery and delineation of several mineral deposits for various junior mining companies including: M Gold Zone at Detour Lake Mine, Ontario, the Falea uranium/silver/copper deposit in Mali and the Fatou Main gold zone in Mali. Marino Sveinson – Director Mr. Sveinson is a member of the Law Society of British Columbia and a partner at Bull Housser. Mr. Sveinson provides strategic results-oriented advice and representation with respect to all stages of workplace matters and has represented clients at all levels of the courts in B.C., labour arbitrations, the Human Rights Tribunal, and the Labour Relations Board. Alain Nebie – Country Manager Rebecca Moriarty, CPA CA – CFO Experienced CFO with over 20 years experience in dealing with administration of public companies. Dr. Demetrius Pohl – Advisory Board Dr. Pohl was instrumental in assembling the current Indigo Burkina Faso land package. Formerly with BHP Minerals, he was involved in the early identification and development of the Syama and Sadiola deposits in Mali, the Essakane deposit in Burkina Faso, and the Golden Pride deposit in Tanzania, to name a few. www.indigoexploration.com TSX.V : IXI 5
WHY WEST AFRICA?
Birimian Terrane of western Africa
where +50 million ounces of gold
discovered in last 10 years.
Deposit Ownership
Afaho Newmont Mining
Akyem Newmont Mining
Essakane IAMGOLD
Loulo Randgold
Morila Anglogold, Randgold
Obuasi Anglogold Ashanti
Sadiola Anglogold, IAMGOLD
Siguiri Anglogold
Syama Randgold
Tarkwa Goldfields
Much remains underexplored.
These reserve and/or combined production and remaining reserve numbers are taken from various government and industry sources
and reflect general deposit grades in the Birimian Greenstone Belt. There are currently no mineral reserves or resources associated
with any of the IXI properties.
www.indigoexploration.com TSX.V : IXI 6
BURKINA FASO FOCUSED
2 Gold Projects in
Burkina Faso
(422 km2):
Bada
1.Hantoukoura (Kodyel) –
multiple vein system
2.Lati – shear parallel vein
system
.
www.indigoexploration.com TSX.V : IXI 7
HANTOUKOURA Project (previously KODYEL)
Project to Drill
• New 9 year permit over original
Kodyel Permit
• 238 sq km
• 3 target areas
Artisanal mining: Hantekoura (CFA),
Kodyel 1, Tangounga and
Songonduari
Recent gold rush
As many as 10,000 miners
Tangounga Orpaillage
1500m by 100m zone of workings
BLEG
Historic BLEG anomalies over 20km2
area untested
Kodyel 1
Historic SEMAFO drilling
Best hole: 50m of 4.3 g/t Au
www.indigoexploration.com TSX.V : IXI 8
HANTOUKOURA Project
Tangounga Orpaillage
250m long by 40m wide
open cut since 2006
At least 5 veins in pit totaling
over 30m width
Multiple parallel veins traced
over 1500m by pits and cuts
Prospecting suggests zone
could be 3000m long
Multi-Million Ounce Target
Internal shafts
Artisanal miners sinking
dug by local
artisanal miners internal shafts from bottom
of open cut
www.indigoexploration.com TSX.V : IXI 9
HANTOUKOURA Project
Tangounga Orpaillage
Very good widths with Individual veins
to 10m wide
Multiple veins totaling over 30m
Locals mine quartz veins in excess of
10 gpt Au
Airborne survey and grab sample
program completed
Plans to sample pit and finish
soil grid, followed by drilling
www.indigoexploration.com TSX.V : IXI 10KANTOUKOURA Soil Sampling Results to Date >15km of Gold Anomalies www.indigoexploration.com TSX.V : IXI 11
HANTOUKOURA – Extensive Artisanal Workings www.indigoexploration.com TSX.V : IXI 12
LATI Project • Large 184 sq km dimensions • Three target areas Prospect 1 • Multi-Million Ounce Potential • Site of new gold rush with expanding artisanal workings • 8km by 2km area of anomalous rock and soil includes a 4.75km by 100-700m Au-in-soil anomaly • Historical drill hole of 2.5 gpt Au over 12m • Recent grab sampling highlights to 12.65 gpt Au • Completed 50 RC drill holes at Prospect 1 Doudou (Prospect 2) Gold-in-soil anomaly 1200m by 50 to 500m, open Kwademen More early exploration needed www.indigoexploration.com TSX.V : IXI 13
Lati – Extensive Surfacial Workings www.indigoexploration.com TSX.V : IXI 14
LATI Project
Prospect 1
• Soil survey was successful in highlighting two
gold-in-soil anomalies:
• A – 4.75km by 100-750m
• B – 1.5km by 250-350m
• Anomalies concentrated on contact between
volcanics and intrusives.
• Expanding artisanal workings also
concentrated on same contacts.
• Initial artisanal workings grew from 500m by
50-200m to 1200m long by 50-500m in 14
months.
• New artisanal sites developing
Gold recovered by artisanal miner from
Lati Prospect 1
www.indigoexploration.com TSX.V : IXI 15LATI Project – Prospect 1
Prospect 1
• RC drilling program completed
• 14 drill lines over Anomaly A and B.
• Each line 3 to 5 RC holes, 150m long
• Total of 50 holes (6,400 metres)
• Results on Eastside (2.5km long zone)
• 112m @ 0.51 g/t Au
• incl. 28m @ 1.28 g/t Au
• 111m @ 0.50 g/t Au
• Incl. 11m @ 3.17 g/t Au
• 21m @0.76 g/t Au
• 50m @ 0.42 g/t Au
www.indigoexploration.com TSX.V : IXI 16PROGRAMS – 2012-2017
Hantoukoura (Kodyel)
Regained permit
3 Multi-KM Long Drill Targets Soil geochemistry and grab sampling
Drill Ready Initial DDH drilling program designed
Lati
6,000 metres RC drilling program
completed in February 2012 (50 holes)
Targeting a new multi-million ounce
discovery
Potential follow-up drilling
www.indigoexploration.com TSX.V : IXI 17WHY INVEST?
Burkina Faso’s gold exploration and development sector is exploding, going from 209 kg
of gold produced in 2002 to an estimated 40 tonnes in 2012
IXI is Targeting multi-million ounce economic gold deposits
Large land package of over 422 km2 of Birimian Greenstone
Projects all have large, active artisanal sites with multi-km drill targets – targeting elephant
size projects
Strong management with West African discovery experience
Multiple multi-km long targets to be drilled in 2018 providing excellent
chance for an all-new discovery (Hontoukoura, Lati)
www.indigoexploration.com TSX.V : IXI 18CONTACT INFO
Paul Cowley, President & CEO
Tel: 604-340-7711 | Email: pcowley@indigoexploration.com
Corporate Office Address:
880 – 580 Hornby Street
Vancouver, BC
V6C 3B6 Canada
www.indigoexploration.comYou can also read
