MODERN EXPLORATION OF HISTORIC YUKON GOLD FIELDS - Technical Toronto - Klondike Gold Corp.
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MODERN EXPLORATION OF HISTORIC YUKON GOLD FIELDS Technical Toronto Presentation KG | TSX Venture Exchange KDKGF | US OTC August 2019 LBDP | Frankfurt Stock Exchange
FORWARD LOOKING STATEMENTS Statements contained in these following slides and accompanying oral presentation contain certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward looking information within the meaning of the Securities Act (Ontario) and similar legislation in other jurisdictions. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Klondike Gold Corp. (“Klondike Gold”) to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These forward-looking statements include estimates, forecasts, and statements as to management’s expectations with respect to, among other things, business and financial prospects, growth potential, the size, quality and timing Klondike Gold’s exploration and possible development projects, mineral reserves and mineral resources, future trends, plans, strategies, objectives and expectations. These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and economic conditions, interest rates, the supply and demand for, inventories of, and the level and volatility of prices of gold, silver, zinc, lead, or copper, the availability of financing for Klondike Gold’s programs on reasonable terms, the accuracy of Klondike Gold’s resource estimates (including, with respect to size, grade and recoverability) and the geological, operational and price assumptions on which economic resource models are based, the resolution of environmental permitting and other proceedings, the capacity to obtain qualified personnel, consultants, and contractors and the future operational financial performance of the company generally. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to differ materially. Such events include, among others, unanticipated developments in business and economic conditions in the principal markets for commodities and/or financial instruments, changes in the supply, demand, and prices for metals and other commodities, the actual results of exploration activities, conclusions of economic evaluations, uncertainty in the estimation of ore reserves and mineral resources, changes in project parameters as plans continue to be refined, changes in economic and political stability in jurisdictions where Klondike Gold has business interests, environmental risks and hazards, legal disputes, increased infrastructure and/or operating costs, labour and employment matters, and government regulation as well as those factors discussed in the section entitled “Risk Factors” in Klondike Gold’s Annual and Quarterly Reports and associated financial statements, Management Information Circulars and other disclosure documents filed with Canadian securities regulators. Although Klondike Gold has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Klondike Gold disclaims any intention or obligation to update or revise any forward-looking statements, whether as a results of new information, future events or otherwise. Accordingly readers/listeners should not place undue reliance on forward-looking statements. KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 2
THE THREE SISTERS – TINTINA GOLD BELT Klondike Au District White Gold Au Brewery Creek District Au Coffee Au District Allan et al., 2013 KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 3
KLONDIKE METALLOGENY AND STRUCTURE Carmacks Group Folds D1/D2 Lamprophyres NE Faults D4 Klondike Orogenic Au Schist Coffee 4M oz Au Golden Saddle 2M oz Au Klondike 20M oz placer Jurassic thrusts D3 Slide Mtn thrusts D3 Eocene Dykes/Faults KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 4
MODERN EXPLORATION OF KLONDIKE DISTRICT GSC Airborne 2002 Klondike Gold Year 5: First Klondike District Survey 2015-2019 District Exploration ❑ Geology ❑ Structure ❑ Soils Klondike ❑ Magnetics Gold Rush ❑ Radiometrics 1896 ❑ LIDAR Climbing the ❑ Prospecting Chilkoot Pass (1898) ❑ Whole Rock Lithochem ❑ XRF Lithochem KG Claims: 560 sq km; 60 km length ❑ Thin Sections ❑ Drilling KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 5
KLONDIKE DISTRICT AIRBORNE MAGNETICS • 1st Order district scale ‘magnetic break’ fault is apparent control for gold Detail Map • District-scale Au-soil area anomalism on hillsides above gold-bearing placer creeks • Multi-kilometer Au soil anomaly at Gold Run with drill hole of 1.2 g/t Au over 13.5m. KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 6
KLONIDE DISTRICT GOLD IN SOIL ANOMALIES • Extensive Au > 30 ppb (2SD) soil anomalies • Coincident with 1st and 2nd Order structures Detail Map area • District-scale anomalism on hillsides above gold- bearing placer creeks • Multi-km Au soil anomaly at Gold Run with drill hole of 1.2 g/t Au over 13.5m. • 3 of 24 gold-bearing placer creeks have bedrock Au sources KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 7
BONANZA-ELDORADO GEOLOGY Orogenic Gold Sulphur Creek unit hosts gold Gold-bearing fluids Snowcap ore at Coffee. introduced from Bonanza Ck mantle by deep Graphite Ultramafic slivers “Sch-i” seated structure(s). present in gold zones at Nugget, Faults/back thrusts 1,009 g/t Au over 1.0m 1.0 g/t Au over 91.0m Lone Star and cut Klondike Schist Coffee. Felsic Lithology (brittle vs Sulphur 76.0 g/t Au over 2.8m Nugget quartz ductile) determines Creek Quartz-eye vein is 2.2 km porphyry gold style (vein vs granite long; locally high disseminated. Cretaceous grade; similarity 5 km Mafic intrusive to Pogo. KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 8
KLONDIKE DISTRICT GEOLOGY / SHAFTS / SOILS • ~50+ shafts on Dawson YDA airport >10 Sq Km Gold Klondike-era Soil Targets bedrock gold Quartz-eye occurrences porphyry Detail • ~100+ new Map bedrock visible area • No glaciation; gold gold occurrences Snowcap soil anomalies directly reflect • Gold Sulphur bedrock sources. mineralization Creek 1.2 g/t Au over 13.5m throughout the granite • Gold soil targets are greater in size cf District. Cretaceous Lone Star Zone Carmacks Gp Volcanics 20 km KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 9
MINERALIZED CORRIDORS Lone Star Zone: Bonanza Creek N Au Corridors: • 5 km Au in outcrop • Three parallel • 3,500 m length of NJ Gulch fault corridors Au in drilling O’Neill • Each 5-6+ km long, mineralized • 1,000 m length of 96 g/t Au • 1 to 2 km apart Glacier Gulch Au in detail drilling 39 g/t Au 2.4 g/t Au over 41.2m 60 g/t Au 44 g/t Au Nugget 1766 g/t Au (potential resource) 1,009 g/t Au over 1.0m 9.5 g/t Au over 9.0m 1.0 g/t Au over 91.0m • Defined by magnetics, 55 g/t Au 8.9 g/t Au over 10.0m Pioneer 30 g/t Au 1.6 g/t Au over 45.2m Nugget Zone: 1.0 g/t Au over 58.1m 37 g/t Au geology, • 2 km Au in outcrop 28 g/t Au Nugget East 2.2 g/t Au over 24.9m Lone Star Zone structure, gold, • 1,300 m length of 60 g/t Au 74 g/t Au old workings Au in drilling 75.6 g/t Au over 2.8m • Potentially 60km Nugget Zone Exploration Target Area Gay Gulch 58 g/t Au • 200 m length of Au Resource Target Area 12 g/t Au through the in detail drilling Potential Resource Area 24 g/t Au Klondike District • 1,009 g/t Au / 1.0m 0 km 2 km KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 10
LONE STAR ZONE GOLD SHELL • RED cloud represents Highlights: gold mineralized area 2.4g Au/37.0m • 2.4 g Au/41.0m (2016) 1.4g Au/65.0m • 1.4 g/t Au/65.05m incl • 1000 x 200 meter 6.07 g/t Au/8.45m area drilled at 50 2.4g Au /41.2m (2018). meter centres: 108 ddh 1766 g/t Au, 400 g/t Ag ▪ Deepest holes hit Boulder Lode vein gold mineralization • 2017-2018 drilling to 150 meters below determine geometry surface and extent of a portion of the Lone ▪ 3.5 km of Star Au Zone mineralization, has 1.02g Au/91.0m disseminated gold • 2019-2020 DRILLING Section FOR RESOURCE 11800E ▪ >90% of gold is +150 ESTIMATE. mesh screen size 1 km (coarse gold). KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 11
LONE STAR SECTION 11800E Mineralized zone 1000m ~150m wide, to 100m RL vertical depth starting from surface. Bonanza fault flattens on this section. Late (brittle gouge) 5m to 150m offset faults are north-trending, 950m Eocene age(?), related RL to recent movement on Tintina Fault. KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 12
NUGGET ZONE – 2019 RESOURCE TARGET 1,009 g/t Au /1.0m ▪ 1.3 km length of gold mineralization in 5.1 g/t Au /14.5m drilling 1.6 g/t Au /45.2m ▪ Visible free gold is common, 0.1-2.0 cm size ▪ 2019 Drilling at Nugget Zone focused on 9.5 g/t Au /9.0m perspective areas of high-grade gold and to improve structural understanding 1.03 g/t Au over 58.10m ▪ NEW DISCOVERY ZONE: 1,009 g/t Au and 1,035 g/t Ag over 1.0 m 2.2 g/t Au over 24.9m Photo of electrum in drill core EC19-267 31.9 g/t Au over 1.5m KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 13
NUGGET SECTION 585500E EC19-276: ▪ Mineralized zone 1 to 50 meters 1,009 g/t Au with wide. 1,039 g/t Ag ▪ Mineralization starts at surface. over 1.0m ▪ Drilled to 75m vertical depth. 800m RL ▪ Multiple stacked gold-bearing vein Epithermal high level arrays. electrum veining. 750m RL Photo of Electrum Late (brittle gouge) 5m to 150m offset EC19-276 @104.6m faults present. North-trending, Eocene age(?), related to recent movement on Tintina Fault. 700m RL KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 14
NUGGET ZONE – RESULTS AUGUST 2019 ▪ EC19-267 intersected 1,009 g/t Au with 1,035 g/t Ag over 1.0 meter. This is a new EC19-267 discovery beneath the known Nugget collar Zone mineralization ▪ EC19-256 intersected 8.9 g/t Au over 10.0 meters EC19-256 collar ▪ EC19-266 intersected 1.8 g/t Au over 49.6 meters ▪ Results prove to investors the potential of the Nugget Zone EC19-267 pierce point: 1,009 g/t Au and 1,035 g Ag over 1.0m from 104.0m KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 15
KLONDIKE SCHIST LITHOLOGIES: SCH-i Intermediate Schist Suite SCH-i-ptm (grading SCH-i-lam towards “tec”) SCH-i-lam, (spotted Chlorite variant) SCH-i-yel SCH-i-lam (kink folded, 5.12g/t Au) SCH-i (feldspar porphyroblasts) MacWilliam, 2018 KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 16
LISTWANITE AND ULTRAMAFICS LIST Talc schist ultramafic at Coffee Ultramafic schist at Lone Star MacWilliam, 2018 KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 17
LAMPROPHYRE KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 18
RECENT MINING INVESTMENT IN YUKON 4 out of 5 $1 billion 90% world top invested invested gold in Yukon in gold producers KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 19
CONTACT US 2833 – 595 Burrard St. Vancouver BC, V7X 1J1 www.klondikegoldcorp.com info@klondikegoldcorp.com (604) 559 4440 KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 20
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