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TSX.V: UGD unigoldinc.com 1
Stepping to Development
in the Caribbean
TSX.V: UGD
Corporate Presentation ⏐ Canada March, 2020
TSX.V: UGD unigoldinc.com 2
Forward Looking Statements
Certain statements contained in this presentation, including statements regarding events and financial trends that may affect our future
operating results, financial position and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws.
These statements are based on our assumptions and estimates and are subject to risk and uncertainties.
You can identify these forward-looking statements by the use of words like “strategy”, “expects”, “plans”, “believes”, “will”, “estimates”, “intends”,
“projects”, “goals”, “targets”, and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical
or current facts. We wish to caution you that such statements contained are just predictions or opinions and that actual events or results may
differ materially.
The forward-looking statements contained in this document are made as of the date hereof and we assume no obligation to update the forward-
looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements.
Where applicable, we claim the protection of the safe harbour for forward-looking statements provided by the (United States) Private Securities
Litigation Reform Act of 1995.
Core drilling is being done primarily with NQ. Samples are logged, split by wet diamond saw, and half sent for assaying with the other half
stored on site. Sample lengths typically average 1 m, but vary by geological boundaries. QA/QC included inserting certified standards and
blanks into the sample stream at industry standard intervals. Samples are prepped by Bureau Veritas Labs in the Dominican Republic, with
assaying performed through Bureau Veritas’ laboratory in Vancouver, Canada. Analytical procedures include a 35-element ICP-ES analysis
(MA-300) and a 50 g FA AA finish for gold (FA450). Wes Hanson, P.Geo., COO, and a Qualified Person under National Instrument 43-101, has
reviewed and approved the contents of this presentation.
TSX.V: UGD unigoldinc.com 3
Management
Joseph Hamilton,
P. Geo, CFA
Chairman of the Board of Directors and Chief Executive Officer
Mr. Hamilton is a Professional Geologist with
over 30 years of experience in mineral
exploration, capital markets and mine
development. Mr. Hamilton has been involved
in all facets of the mineral development cycle
from early stage generative exploration to
resource definition, feasibility studies,
environmental permitting, community
consultations, project financing, and
construction management. Mr. Hamilton has
managed base metal and gold projects in North
America, Latin America and Africa. In addition
to being a Professional Geologist in Ontario,
Mr. Hamilton is a Chartered Financial Analyst, a
member of the CFA Institute and a member of
the Institute of Corporate Directors.
John Green,
MBA, CPA, CMA
Chief Financial Officer and Secretary
Mr. Green has over 30 years of
experience working with both producing
and exploration / development stage
companies in the mining sector. Mr.
Green has worked with Falconbridge
Limited, Lac Minerals Limited, AfriOre
Limited, Platexco Inc., and Intrepid
Minerals Ltd. in a variety of roles
including CFO and Director. For seven
years prior to joining Unigold, as
Controller of High River Gold Mines Ltd.,
he was closely involved with the
financing and construction of two new
open-pit gold mines. Mr. Green has a
MBA in finance and is a Chartered
Professional Accountant.
Wesley C. Hanson,
P.Geo.
Chief Operating Officer
Mr. Hanson joined Unigold's team in March 2013. Mr. Hanson
brings over 32 years of industry experience , including
exploration, mine development, mine operations, project
evaluation and financing. Mr. Hanson was President and CEO
of Noront Resources (2009 -- 2012), VP Mine Development,
Western Goldfields / Silver Bear Resources (2006 through
2009), Director Technical Services, Kinross Gold (2002-2006)
and Project Geologist, SNC-Lavalin Engineers and
Constructors (1999-2002). Mr. Hanson has also served on the
Board of Directors for Noront, Cobriza Metals and St. Eugene
Mining. Earlier in his career, Mr. Hanson supervised numerous
gold exploration projects throughout northern Canada and the
US, many of which successfully advanced from exploration
projects through mine development and construction into
commercial operation. Mr. Hanson graduated from Mount
Allison University in 1982 with a Bachelor of Science degree in
Geology.
TSX.V: UGD unigoldinc.com 4
Board of DirectorsJoseph Hamilton, P.
Geo, CFAChairman of the Board of
Directors and Chief
Executive Officer
Joseph Del Campo,
CPA, CMADirector
Charles Page, M.Sc.,
P.Geo.Director
Mr. Hamilton is a Professional Geologist with over 30 years of experience in mineral exploration, capital markets and mine development. Mr. Hamilton has been involved in all facets of the mineral development cycle from early stage generative exploration to resource definition, feasibility studies, environmental permitting, community consultations, project financing, and construction management. Mr. Hamilton has managed base metal and gold projects in North America, Latin America and Africa. In addition to being a Professional Geologist in Ontario, Mr. Hamilton is a Chartered Financial Analyst, a member of the CFA Institute and a member of the Institute of Corporate Directors.
Mr. Del Campo holds Chartered Professional Accountant (CPA) and Certified Management Accountant (CMA) designations. He began his career with Falconbridge Limited and spent over 19 years working within the Falconbridge group of companies at progressive financial positions, including Controller and Treasurer of Falconbridge Dominicana, a ferronickel operation in the Dominican Republic; and Falconbridge Gold Corporation, a gold mining company with operating mines in Africa and Timmins, Ontario. Over the past 20 years, Joseph has been a Director and Vice President, Finance and Chief Financial Officer (CFO) of a number of junior exploration companies listed on the TSX and TSX Venture Exchange.
In addition to being a Professional Geologist, Mr. Page has acted as senior officer, director and CEO for several publicly traded junior resources companies. Over the past 30 years, Mr. Page has developed, organized and implemented major exploration projects in several mining camps in Canada and in the Republic of Cuba. He is familiar with all aspects of exploration from grass-roots projects to feasibility studies, production and mine closure. His primary geological expertise is in Precambrian gold and base metal, epithermal gold, porphyry copper-gold and disseminated gold deposits. He is also a director of Osisko Gold Royalties Ltd.
Ruben Padilla, PhDDirector
Jean-Marc LacosteDirector
Jose AceroDirector
Normand
TremblayDirector
Mr. Padilla has 25 years' experience working on target generation, project evaluations, mining geology, and management of exploration programs with various companies mostly focused on the Americas. He holds a geological engineering degree from the University of Chihuahua in Mexico and a Master and PhD degrees from the University of Arizona. Currently he is chief geologist of Talisker Exploration Services Inc., an Ontario based Mining and exploration services company co-founded by Mr. Padilla in 2010, whose principal clients are Osisko Gold Royalties and their associated companies. He worked and completed important research at La Escondida deposit in Chile where he identified a blind target related with a younger porphyry event today known as the Escondida Este deposit. With AngloGold Ashanti he acted as exploration country manager in Peru and in Colombia and as Chief Geologist for the Americas exploration group. He was part of the team that discovered the Colosa and Gramalote deposits in Colombia.
Mr. Lacoste is the President and CEO of Monarch Gold Corporation. Jean-Marc earned his bachelor's degree in Economics from McGill University in Montreal. In 1993 he started a career in finance at the Montreal Stock Exchange where he worked for National Bank Financial and, subsequently, Merrill Lynch Canada. In 2000 he left Montreal for Toronto to join Northland Power, a wind power energy corporation, as Vice President of Acquisitions. He returned to Montreal in 2002 where he joined the boards of a few public and private companies. From 2004 to 2010, he took a major role in Golden Goose Resources Inc. where he became President and CEO.
Mr. Acero has 20 years of experience as metal trader. He holds a business degree from the Universidad Nacional Pedro Henriquez Ureña.
Mr. Tremblay is the former CEO of United Bottles & Packaging of Laval, Quebec.
TSX.V: UGD unigoldinc.com 5
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Capital Structure
TSX.V: UGD
Market Capitalization CAD $14 million
Shares Outstanding 78 million
Warrants (Sep 2021, $0.14) 17 million
Options (avg. $0.25) 5.8 million
52 week Hi - Low $0.28-$0.09
Shareholders
Eric Sprott 12.8%
Osisko Gold Royalties Ltd 10.6%
Monarch Gold 8.3%
Evanchan (Rob McEwen) 8.1%
Officers and Directors 7.2%
TSX.V: UGD unigoldinc.com 6
2020 Objectives
+ Complete sufficient drilling to define M&I resource
+ Complete metallurgical studies to finalize process design
+ Compete sufficient geotechnical work to finalize pit and tailings design
+ Complete an economic study on starter pit
+ Complete infill drilling to move known resources into M&I category
+ Complete detailed metallurgical studies to finalize a process design
+ Complete sufficient geotechnical work to allow ramp design to be confirmed
+ Expand mineralization along strike and to depth – target 2 million ounces gold equivalent in all
categories at 3 g/t cut-off
+ Continue with local community engagement programs
+ Initiate national engagement program
+ Monitor elections and engage new government
Oxide Resource
SulphideResource
CSR Programs
TSX.V: UGD unigoldinc.com 7
Historic Overview
2.0 M oz Au averaging 1.6 g/t Au –
Optimized Pit Constrained – Inferred Classification
(2013)
• $1500 / oz gold, 100m x 100m grid drilling
• Oxides : 112 K oz oxide resource averaging 1.0 g/t
– preliminary metallurgy suggests +96% recovery
with direct cyanidation;
• Oxide extends to 20.0m from surface, upper 5.0m
(at least) is free dig material;
• Oxide has room for expansion
• 100m x 100m drill spacing identified high grade
mineralization (+5.0 g/t Au; +1.0% Cu)
Open Pit
Resource
2013
894 K oz Au averaging 5.2 g/t Au –
Underground access – Inferred Classification
(2015)
• 3.5 g/t cut-off, $1200 / oz gold price
• Estimate utilized same database and ignored
near surface, focusing solely on the higher
grade sulphide mineralization.
• Includes +40M lbs Cu @ 0.35%
Underground
Estimate
2015
New high-grade discoveries in 2016 changed the game
New high-grade
discoveries
2016
TSX.V: UGD unigoldinc.com 8
Dominican Republic
0 20km
+ Established world class
deposits (Pueblo
Viejo, Falcondo,
Cerro Maimon)
+ Established mining law,
taxation and
regulations (5% export
duty on finished metal,
25% income tax);
+ Good infrastructure,
power, workforce,
roads,
telecommunications,
etc.
Neita Concession
Pueblo Viejo,
Falcondo,
Cerro de Maimon
TSX.V: UGD unigoldinc.com 9
Nieta Concession
Candelones Project – Inferred Mineral Resources Au and Cu
Cu targets
Au targets
+ Exploration concessions awarded
for 3 years PLUS;
+ Owner may apply for two (2)
extensions, each extension allows
one year of additional exploration;
+ Concession holder has advance
period to re-apply for existing
concessions on expiration;
+ Current exploration license
granted May 2018;
+ Current environmental license
granted November 2018
TSX.V: UGD unigoldinc.com 10
Candelones DepositsConceptual Model
Large massive sulphide mounds are
generally formed on the seafloor under
high confining pressures, sometimes
venting directly to seawater (black
smokers), and sometimes diffusing
through sediments to form replacement
deposits
Paleoseafloor
DACITE VOLCANICS /
VOLCANOCLASTICS
Bedded sulphides
Brecciated and Massive
Sulphides
Sericite Alteration
Chlorite Alteration
Stockwork
SEA WATERSilica rich tuffite
TSX.V: UGD unigoldinc.com 11
Candelones DepositsConceptual Model
SEAWATER
Diffuse VMS Zn, Pb,
Ag, Cu, Au
mineralization
ANDESITES
DACITES
DACITES
VMS vents poorly
altered due to lack
of confining
pressure
Synchronous dacite layer
up to 150m thick deposited
as VMS enrichment is
ongoing
At Candelones, deposition seems to have
been in shallow water and diffused
through dacitic composition sediments
Continuing volcanism deposited less
porous volcanoclastic andesites above the
dacites and increased confining pressures
TSX.V: UGD unigoldinc.com 12
Candelones Deposits
ANDESITES
ANDESITES
DACITES
DACITES
Continued thrusting, cross faulting and island arc
tectonics tilted the strata….
….and opened up new pathways for the
mineralizing event to overprint existing deposits.
TSX.V: UGD unigoldinc.com 13
Candelones
Deposits
Candelones Main
Candelones
Connector Candelones Extension
Target A
Au-Cu MS
Target B
Target C
ANOMALY B
ANOMALY A
DACITES
ANDESITES
A late stage of
mineralization likely
utilized new pathways
and created new
mineral assemblages
and zoning
TSX.V: UGD unigoldinc.com 14
Candelones
Deposits
Target A
Candelones Main Pit2004 – 2011
• 170 holes (30,000 m)
• 308,000 ozs Au
• (inferred in-pit sulphide)
Candelones Connector Pit2011-2016
• 54 holes (8,000 m)
• 74,000 ozs Au
• (inferred in-pit sulphide)
Candelones Extension Pit2011-2014
• 140 holes (52,000 m)
• 950,000 ozs Au
• (inferred in-pit sulphide)
Massive Sulphide Zone2016 - present
• 12 holes (4900 m)
Sub-vertical
feeder systems
Open to depth
A
BC
TSX.V: UGD unigoldinc.com 15
Candelones DepositsSignificant Intersections from drilling 2016-2020
Target
• 22 m @ 6.93 g/t Au, 0.6% Cu
• 6 m @ 6.05 g/t Au, 0.8% Cu
• 25m @ 5.67 g/t Au, 0.4% Cu
• 34.9 m @ 6.19 g/t Au, 0.6% Cu
• 15.7 m @ 7.45 g/t Au, 1.1% Cu
• 34.0 m @ 4.15 g/t Au, 0.4% Cu
• 5.7 m @ 5.07 g/t Au, 2.5% Cu
• 4.1 m @ 7.31 g/t Au, 1.1 % Cu
• 9.0 m @ 4.81 g/t Au, 0.7% Cu
• 9.0 m @ 11.9 g/t Au, 2.0% Cu
• 21.2 m @ 6.0 g/t Au, 0.9% Cu
• 5.7 m @ 12.1 g/t Au, 1.2% Cu
ATarget
• 15.8 m @ 11.36 g/t Au, 0.4% Cu
• 10 m @ 6.71 g/t Au, 0.7% Cu
• 4 m @ 9.67 g/t Au, 0.1% Cu
• 3 m @ 10.7 g/t Au, 2.1% Cu
• 7 m @ 8.86 g/t Au, 37 g/t Ag
• 8 m @ 6.30 g/t Au, 17 g/t Ag
• 3.3 m @ 5.06 g/t Au, 90 g/t Ag
• 4 m @ 10.1 g/t Au, 21 g/t Ag, and 2.4% Zn
• 12 m @ 9.7 g/t Au, 7 g/t Ag, and 1.6% Zn
• 4.6 m @ 3.4 g/t Au, 56 g/t Ag, and 0.9% Zn
C
Together Target A,B,C define over 1.5 Km of strike extent
Target
• 15 m @ 16.36 g/t Au, 2.6% Cu
• 2 m @ 19.62 g/t Au
• 24.4 m @ 3.2 g/t Au, and
• 14 g/t Ag, 2.9% Zn
• 24 m @ 4.59 g/t Au, 0.54% Cu
• 23.7 m @ 4.9 g/t Au, 0.31% Cu
B
я
TSX.V: UGD unigoldinc.com 16
2013 Drill Intercepts and Resource Envelope
TSX.V: UGD unigoldinc.com 17
2013 to 2020 Drill Intercepts
TSX.V: UGD unigoldinc.com 18
Oxide Target
+ Grade thickness contours
based on drill hole assays
ONLY.
+ Blue contour represents 1-3
g/t Au meter for the oxide
unit .
+ Area within 1-3 Au g*meter
contour ~180,000 m2.
Conceptual target:
• 180,000 m2 x 18 m x
1.8t/m3 ~ 5.75Mt
• 5.75Mt @ 1.00 g/t Au ~ 180
K ozs Au
TSX.V: UGD unigoldinc.com 19
Conceptual Oxide Target
Current resource (Micon 2013)
= 112,000 ozs AuArea of interpreted oxide footprint
is 180,000 m2
Average oxide/transition true
thickness
~ 20m
Potential tonnage within footprint
~ 6.0 MtAverage grade
~ 1.00 g/tPotential contained ounces
~ 180 K ozs
SGS Lakefield estimated
metallurgical recovery of +96%
using direct cyanidation on an oxide
composite averaging 0.88 g/t Au
(SGS Lakefield, 2007)
Truncated to the NW (fault offset)
Open and untested to the SW where IP indicates a string of coincident chargeability highs and resistivity highs, similar to the signature over the currently defined oxide resource – this trend has not been drilled and is under cover.
TSX.V: UGD unigoldinc.com 20
The Unigold Advantage
+ Proven, field tested hypothesis;
+ Higher grade mineralization
proven within previously
unrecognized features at three
locations within the identified
resource area;
+ High probability that resource can
be increased both in terms of
quantity and quality (more
tonnes, higher grades);
+ Multiple, highly prospective, drill-
ready targets;
+ Lowest quartile operating costs,
less than $120CAD per metre all-
in cost;
+ Low burn rate, ~$175,000 CAD
per month before drilling;
+ High productivity, 1500 to 1800
metres per drill per month;
+ Excellent safety record;
+ Local workforce, over 98% local
hire rate; and
+ Strong community support.
TSX.V: UGD unigoldinc.com 21
Inferred Mineral Resource Estimate – 2013/20152013 Mineral Resource
EstimateDeposit
Tonnes
(x1,000)
Au
(g/t)
Au ozs
(x 1,000)
Strip
Ratio
Open Pit
Oxide
(0.32 g/t cutoff)
Extension - - - -
Main 2,448 0.92 72 1.3
Connector 1,108 1.12 40 1.3
Subtotal 3,556 0.98 112 1.3
Sulphide
(0.56 g/t cutoff)
Extension 24,223 1.59 1,241 7.6
Main 5,003 1.16 186 1.3
Connector 980 1.08 34 1.3
Subtotal 30,206 1.50 1,461 6.4
Subtotal 33,762 1.45 1,573 5.8
Below PitSulphide
(1.25 g/t cutoff)
Extension 4,977 2.42 387
Main 704 2.21 50
Connector 50 2.49 4
Subtotal 5,731 2.39 441
TOTAL 2013 Estimate 39,493 1.59 2,014
2015 Mineral Resource Estimate
Underground Sulphide 3.5 g/t cutoff 5,274 5.27 894
NOTES
1. The mineral resource estimates
presented above has been prepared
under the supervision of Mr. Alan J. San
Martin, MAusIMM(CP) and Mr. William J.
Lewis (P.Geo.) of Micon International
Limited., both of whom are "qualified
persons" as per the CIM Standards and
independent of Unigold Inc. The Effective
dates of the mineral resource estimates
are November 4, 2013. and February 24,
2015. For more information, please see
the complete reports available at
www.unigoldinc.com or www.sedar.com .
2. The mineral resource estimate presented
above is classified as an Inferred Mineral
Resource. The CIM Standards define a
Mineral Resource as "a concentration of
material in or on the Earth's crust in such
form and quantity and of such grade or
quality that it has reasonable prospects
for economic extraction." The CIM
Standards further define an Inferred
Mineral Resource as "that part of a
Mineral Resource for which quantity and
grade or quality can be estimated on the
basis of geological evidence and limited
sampling and reasonable assumed but
not verified, geological and grade
continuity." The CIM Standards state;
"Due to the uncertainty that may be
attached to Inferred Mineral Resources, it
cannot be assumed that all or part of an
Inferred Mineral Resource will be
upgraded to an Indicated or Measured
Mineral Resource as a result of continued
exploration."
Contact
Information
P.O. Box 936, STN Adelaide,
Toronto ON M5C 2K3 Canada
416.866.8157
unigold@unigoldinc.com
Joseph Hamilton, Chairman & CEO
TSX.V: UGD unigoldinc.com
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