MODERN EXPLORATION OF HISTORIC YUKON GOLD FIELDS "VIRTUAL" - Investment Overview 2020 - Klondike Gold Corp.
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
MODERN EXPLORATION OF HISTORIC YUKON GOLD FIELDS
Investment “VIRTUAL”
Overview
2020
KG | TSX Venture Exchange
May 14, 2020 LBDP | Frankfurt Stock Exchange
REFERENCES
Structural Evolution and Timing of Orogenic Gold Mineralization
in the Klondike District, Yukon
Yukon Geoscience 2019 - PDF on KG website: Investors>”Technical Presentation”
Bedrock Gold Discoveries Explain Nearby Placer Deposits
in the Klondike District, Yukon
Yukon Placer Forum 2019 PDF on KG website: Investors>”Placer Forum Presentation”
and
video https://www.facebook.com/YukonGeologicalSurvey
Drilling in the Klondike - 120 Years After Its World Famous Gold Rush
Pinnacle Digest 2019:
video https://www.youtube.com/watch?v=yL5eUmVqJfM
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 2
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 3
GOLD EXPLORATION COMPANY: YUKON CANADA
Klondike District
property – 20 km
66.5 N outside Dawson
City
Dawson City, YT.
Tr’ondëk Hwëch’in First Nation Territory. 60 N
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 4
INFRASTRUCTURE: ECONOMIC ADVANTAGE
Lone Star Zone Stander Zone
Dawson Km 0 Bonanza Road
Airport
turn-off Km 2
Paved
Bonanza Road Km 7
Eldorado Road Km 20 Stander Zone Km 25
At
Eldorado Road
Km 18 …
Double-wide
KG Property Gravel
Claim Boundary
Pinnacle Digest 2019
Podcast video
screencaps
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 5
KLONDIKE NEIGHBOURHOOD: WORLD CLASS
• TGB is known to host “World-Class”
Tintina Gold Belt, Alaska and Yukon Cretaceous age (~100 Ma) gold deposits.
Klondike • Flexure in crustal scale 1st order faults
+2M oz target
(20M oz placer)
create “world-class” deposit environment
Brewery Creek
by creating the fault network (gold
Pogo 1.5M oz conduits) to host them.
7.6M oz Dublin Gulch
4.4M oz
• Continent-scale structures have
Donlin Golden Saddle
45M oz Coffee 1.5M oz ‘checkerboard’ old/young fault pattern
4.1M oz
which control gold mineralization.
• These ‘checkerboard’ faults have been
recognized as controls to gold
mineralization in Klondike District.
Figure Note: Gold resource endowment is sourced from company disclosures or
government sources, for comparative purposes only.
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 6
KLONDIKE DISTRICT PROPERTY: WORLD CLASS
Dawson
L4 Klondike claims 586 square km
• Covers Klondike gold rush creeks
• Placer gold mined 1896 to present
Detail Area
10% of property
• 20 M oz Au recovered from creeks
• “World Class” endowment
0 km 30
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 7
FAULTS CREATE LANDSCAPE: D3 AND D4
Faults created the Klondike ‘sluice box
riffle’ Creeks and Gulches.
D3
Bonanza Ck Checkerboard
pattern
Irish
D4
Major NW thrust faults are the
Creeks (D3 / c. 180 Ma)
Secondary NE faults are the
Gold Zone
Gulches (D4 / c. 100 Ma)
Resource Target
Fault
Both fault directions are gold bearing
0 km 2
Major Fault in bedrock.
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 8
DISCOVERY …
N
Bonanza Creek Multi-million
ounce gold
potential.
Exploration
96 g/t Au
2.4 g/t Au over 41.2m
Objective:
39 g/t Au
60 g/t Au
44 g/t Au 1766 g/t Au
Yellow box to scale 1,009 g/t Au over 1.0m 1.0 g/t Au over 91.0m +2M oz gold
threshold
55 g/t Au
9.5 g/t Au over 9.0m
30 g/t Au 1.6 g/t Au over 45.2m
37 g/t Au
objective before
~10% of property 1.0 g/t Au over 58.1m 0.3 g/t Au over 101.0m
resource estimate
explored in some
28 g/t Au
2.2 g/t Au over 24.9m
detail 60 g/t Au
Current Objective:
74 g/t Au
75.6 g/t Au over 2.8m
Exploration Target Area
12 g/t Au
58 g/t Au
‘Starter open-pit’
mineralization
Resource Target Area
24 g/t Au
Potential Resource Area
2020
0 km 2 km
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 9
LONE STAR ZONE: 2020 PHASE 1 DRILLING
N Conceptual ‘Starter Open Pit’
Initial mineralization estimation
10 DDH, ~50m each, 500m total
Surface Target
2.1g / 41.1m
Phase 1 tests 150m strike.
2.4g / 41.2m
1.4g / 65.5m
6.1g / 8.5m
MODEL TARGET PARAMETERS
(1,100 meter length known)
Deeper Targets
Yes.
150 meter length to drill test
Gold at surface to 50m depth
60-100 meters surface width
2.6 specific gravity
2+ g Au model grade
90+% gravity recovery
Deeper targets for future drilling.
2019 Lidar
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 10LONE STAR ZONE: 2020 PHASE 1 DRILLING
Conceptual ‘Starter Open Pit’ Schematic Section
Proposed drill hole
m ASL
(length in m)
40m
60m 55m
2020 Leapfrog
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 11STANDER ZONE: 2020 PHASE 2 DRILLING
N Initial resource estimation
program
5 DDH, 200 meters planned.
Surface Target Additional holes to be added.
32: 5.1gAu/14.3m
Offset
256: 4.3gAu/21.5m
Fault
269: 0.7gAu/18.2m MODEL TARGET PARAMETERS
325: 2.2gAu/23.0m
326: 2.2gAu/9.3m
150 meter strike length
Deeper Target
267: 1009gAu/1.0m At surface to 25 meters depth
20-50 meters width
2.6 specific gravity
Variable 2+ g Au model grade
90% gravity recovery
Deeper targets for future drilling
Surface target: offset extent.
2019 Lidar
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 12“KG” 5-YEAR PRICE / VOLUME CHART
$0.60 5-Year trend of increasing
market capitalization:
$0.45
$0.44
$0.45 $3M to $30M
(“Past performance is no guarantee of future returns”)
PDAC/covid
6-Year Capital: $15.7 M
$0.28 33,500 m drilled / 340 holes
“All in” $468/m includes: old debts, corporate
$0.28 clean-up, exploration that isn’t drilling plus
$0.23
corporate operating … everything.
$0.17
$0.13 Year Amount Raised # Drill Meters Depth
$0.07 2014 $ 2,530,000.00
2015 $ 416,500.00 19 1,369.30 72.07
2016 $ 2,870,000.00 71 5,375.17 75.71
2017 $ 7,000,000.00 79 8,620.62 123.15
2018 87 9,511.93 109.33
2019 $ 2,875,886.00 84 8,628.37 91.79
2020 $ 1,222,487.00 tba tba tba
TOTAL $ 16,914,873.00 340 33,505.39
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 13INVESTOR INFORMATION
Shareholder Structure
Capital Structure $1.8 M Cash
As of May 1, 2020 E. Sprott F. Giustra On Hand
11% 14%
Insiders
11%
Shares Issued | 120 M
Key Investors
$8.8 M
9% Warrants
Public
54%
Market Cap | $30 M
$TBD
2020 Budget
Total Diluted Shares | 157 M
• Options (WAP - $0.24) | 9.6 M
• Warrants (WAP - $0.32) | 27.4 M 46% of Shares Held by Top 20 Shareholders
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 14INVESTMENT HIGHLIGHTS
Multi-million ounce gold potential.
Resource estimation drilling begins
May/June 2020. Valuation re-rate.
First mover 2020 in Yukon. Delivering
news into an accelerating gold market
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 15THANK YOU
2833 – 595 Burrard St.
Vancouver BC, V7X 1J1
www.klondikegoldcorp.com
info@klondikegoldcorp.com
(604) 559 4440
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 16FIVE-YEAR SYSTEMATIC GEOSCIENCE
DISTRICT SCALE SURVEYS:
• Mapping / Soils / Magnetics / Radiometrics / VLF-EM / Structural
Mapping / LIDAR / Orthophotography / Historical compilation
LOCAL SCALE SURVEYS:
• Diamond drilling 33,500m / Trenching / Channel sampling / Whole
Rock / GT-Probe
SYSTEMATIC PROCEDURES:
• Metallic screen assay, ultra-trace analyses, digital field (QGIS) and
digital core (MXDeposit) logging, oriented core drilling
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 17D4: STANDER ZONE GOLD
L4 All
Gold D4 Orogenic Vein:
foliations
1,009 g/t Au with 1,036 g/t Ag over 1.0m
“World class drill hole”.
2nd best hole drilled in the world in August.
3rd best drill hole in Canada in 2019.
(Source: Mining Intelligence / Mining.com)
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 18STANDER ZONE GOLD: OUTCROP TO PLACER
Outcrop nugget of gold in Upper
Eldorado Creek (photo below).
Placer nuggets of gold from 1 km
downstream of outcrop (photo above).
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 19CORONA VIRUS MITIGATION / RISK
YT resource sector is ‘essential service’ subject to
covid-specific H+S regulations
Klondike Gold has 2-acre property in Dawson ‘suburb’.
Space and infrastructure to comply with YT regulations.
Norovirus outbreak 2019 among crew/contractors.
Quarantine, distancing, cleaning, supply … pandemic
protocols developed.
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 20You can also read
