Upload
company-spotlight
View
179
Download
2
Embed Size (px)
Citation preview
PREMIER GROWTH PREMIER GROWTH –– PREMIER OPPORTUNITYPREMIER OPPORTUNITYJuly 2012July 2012
-- PROVEN MANAGEMENTPROVEN MANAGEMENT
-- PROVEN GOLD DISTRICTSPROVEN GOLD DISTRICTS
-- SAFE MINING JURISDICTIONSSAFE MINING JURISDICTIONS
www.premiergoldmines.com PG:TSX2
DISCLAIMER:This presentation may contain "forward looking information" within the meaning of Canadian securities legislation, which are based on the opinions and estimates of management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward looking information. Such risks and uncertainties include, but are not limited to, risks associated with the mining industry, the risk of commodity price and foreign exchange rate fluctuations, the ability of Premier to fund the capital and operating expenses necessary to achieve the business objectives of Premier, as well as those risks described in public disclosure documents filed by Premier. Due to the risks, uncertainties and assumptions inherent in forward-looking information, prospective investors in securities of Premier should not place undue reliance on these forward-looking information.
This presentation has been completed by Premier. Certain corporate projects referred to herein are subject to agreements with third parties who have not prepared, reviewed nor approved this presentation. The presentation is not intended to reflect the actual plans or exploration and development programs contemplated for such projects.
Historical estimates contained herein have been prepared by previous operators and a qualified person has not done sufficient work to classify the historical estimates as current mineral resources.
www.premiergoldmines.com PG:TSX3
WHY PREMIER??
- MULTIPLE HIGH-GRADE PROJECTS: - Cove & Saddle in Nevada, Trans-Canada & Red Lake in Ontario
- SOLIDIFYING MANAGEMENT TEAM TO FACILITATE CORPORATE GROWTH: - Ebe Scherkus joined as Dirctor and Chairman (June 2012)
- Formerly President and COO of Agnico Eagle Mines for 27 years- Strong Mine and Corporate development experience
- Paul Huet joined Premier as Chief Operating Officer- Formerly Mine Manager at Midas Gold Mine (Newmont, Nevada)- Formerly General Manager at Hollister Mine (Great Basin, Nevada)
- SAFE, ACCESSIBLE MINING JURISDICTIONS: - Nevada, Ontario
- STRONG BALANCE SHEET: - Approximately $50 million in cash- To be the largest shareholder of Premier Royalty Corporation
- HISTORY OF CORPORATE GROWTH: - Wolfden Resources, Agnico Eagle, newly formed royalty company
www.premiergoldmines.com PG:TSX4
RECENT ANNOUNCEMENTS
PREMIER EXECUTION
- PREMIER ROYALTY CORPORATION: Letter of intent signed for RTO transaction with Bridgeport Ventures Inc.
- Premier will be largest shareholder of this new mid-tier, cash flowing, royalty company!
- Abraham Drost as President & CEO
- COVE GOLD PROJECT - Nevada: Initial assays from ongoing drill program
- AX-8: 23.48 g/t Au across 19.81 m – or 0.69 oz/t across 65.0 feet & 17.35 g/t Au across 4.57 m (0.51 oz/t across 15.0 feet)
- AX-9: 14.42 g/t Au across 12.19 m (0.42 oz/t across 40.0 feet)- AX-3: 16.29 g/t Au across 10.70 m (0.48 oz/t across 35.0 feet)- AX-4: 12.38 g/t Au across 6.10 m (0.36 oz/t across 20.0 feet)
- RAHILL-BONANZA PROJECT – Red Lake, Ontario: - Haulage Drift construction underway on JV Project
- Underground exploration (drilling) program is underway - Surface drill program underway, testing the high-grade Wilmar Mine target
www.premiergoldmines.com PG:TSX5
PREMIER MANAGEMENT TEAM
Ewan Downie – President, CEO, DirectorFounder and CEO of Wolfden Resources Inc. (predecessor to Premier) - acquired in 2007 by Zinifex for $361 Million
(+1500% from IPO). Award winning exploration history that includes multiple discoveries.
Ebe Scherkus – Chairman, DirectorExtensive mineral exploration and mine development experience – formerly President and Chief Operating Officer of
Agnico-Eagle Mines Ltd..
Paul Huet – Chief Operating OfficerOver 24 years of mining experience in both Canada and the United States. Formerly the General Manager for Nevada
Operations at Great Basin Gold, and Mine Manager and Supervisor at Newmont’s Midas Mining Operations.
Stephen McGibbon – Exec VP Corporate & Project DevelopmentChief Geologist and Exploration Manager at Goldcorp’s flagship Red Lake Gold Mine - led the team that discovered
the "High Grade Zone”.
Brian Morris – VP Exploration23 years of exploration/development experience: held senior geologist positions at Great Basin Gold (Hollister Gold
Mine), Newmont’s Nevada District Exploration (including the Midas Mine), and Barrick’s (high-grade Meikle Mine).
Track record of successTrack record of successFOCUSED ON CORPORATE GROWTHFOCUSED ON CORPORATE GROWTH
www.premiergoldmines.com PG:TSX6
A Growing Resource Inventory
• 100% of ounces attributed to Premier• See Notes 1,2,3,4,5,6 regarding mineral resource estimates
Min
eral
Res
ourc
e Es
timat
eC
ombi
ned
gold
oun
ces
for a
ll C
ompa
ny P
roje
cts
PREMIER GROWTH
Deposit Category Contained Ounces Au
Trans-Canada Hardrock (1) Measured 899,800 Indicated 1,452,400
Inferred 1,112,300 Kailey (2) Measured 86,000
Indicated 53,600 Inferred 10,400
Brookbank* (3) Indicated 376,200 Inferred 236,300
Red Lake Bonanza* (4) Inferred 250,880 East Bay* (5) Inferred 34,020
Cove Helen (6) Inferred 231,000
* Includes: Brookbank, Cherbourg, and Foxear deposits
* 100% of ounces attributed to Premier
www.premiergoldmines.com PG:TSX7
PREMIER GROWTH
Source:Source:TopGun Officers & Directors Report – Q2 2012
www.premiergoldmines.com PG:TSX
- Premier holds strategic land packages located in the heart of several of North America’s prolific gold districts.
- Red Lake - Two active joint venture projectswith Goldcorp in the heart of the high-grade capital for gold.
- Trans-Canada Project - One of Canada’s‘premier’ near-development projects.
- Premier Gold USA – Advanced-stage gold projects in the heartof two of the world’s majorgold districts, the Carlin &Battle Mountain Trends.
THE PREMIER DIFFERENCE
8
FOCUSED ON PROVEN FOCUSED ON PROVEN GOLD DISTRICTSGOLD DISTRICTS
Red Lake Red Lake TransTrans--CanadaCanada
RAINRAIN--SADDLE SADDLE
PROVEN GOLD CAMPSPROVEN GOLD CAMPSLOW POLITICAL RISKLOW POLITICAL RISK
OUTSTANDINGOUTSTANDINGINFRASTRUCTUREINFRASTRUCTURE
COVE PROJECTCOVE PROJECT
COVE
PREMIER GOLD MINES USA
9
S CARLINS CARLINCOVE COVE
CARLIN TREND
B-M EUREKA TREND
COVE GOLD PROJECT- BATTLE MOUNTAIN/EUREKA TREND -
High-Grade gold project – wide open for expansion
SOUTH CARLIN PROJECTS (Saddle-Rain)- IN THE HEART OF THE CARLIN TREND -
+110 M OUNCES OF PRODUCTION, RESERVES, RESOURCES & MINERAL INVENTORY
Additional opportunities being assessedU.S. IS CORNERSTONE FOR
THE NEXT PHASE OF CORPORATE GROWTH
PREMIER GOLD MINES USA
www.premiergoldmines.com PG:TSX
EMIGRANT
GOLD QUARRY
LEEVILLE
MIDAS
CORTEZ
PIPELINE
MULE CANYON
TWIN CREEKS
BALD MTN
LONE TREE
www.premiergoldmines.com PG:TSX10
RECENT DRILL INTERCEPTS – Confirming major upside potential of the Helen Zone deposit
Hole-ID UTMCo-ord (m)
Dip/Az (degrees)
From (m) To (m) Interval (m)
Grade (g/t)
From (ft) To (ft) Interval (ft) Grade (oz/ton)
Zone
AX‐8 2036658N/347755E ‐58/358 576.07 583.69 7.62 12.74 1890.0 1915.0 25.0 0.37 lower
including 579.12 583.69 4.57 17.35 1900.0 1915.0 15.0 0.51 lower
601.98 621.79 19.81 23.48 1975.0 2040.0 65.0 0.69 lower
AX‐9 2036678N/347745E ‐62/015 397.76 405.38 7.62 2.95 1305.0 1330.0 25.0 0.09 upper
537.97 550.16 12.19 14.42 1765.0 1805.0 40.0 0.42 lower
including 539.50 548.64 9.14 17.65 1770.0 1800.0 30.0 0.52 lower
585.22 678.18 92.96 1.78 1920.0 2225.0 305.0 0.05 deep
including 633.98 678.18 44.20 2.27 2080.0 2225.0 145.0 0.07 deep
AX‐10C 2037472N/346878E ‐68/094 479.00 481.30 2.30 6.20 1571.5 1579.1 7.5 0.18 upper
553.82 555.19 1.37 9.51 1817.0 1821.5 4.5 0.29 lower
607.16 610.52 3.35 15.66 1992.0 2003.0 11.0 0.46 lower
629.41 634.75 5.33 6.73 2065.0 2082.5 17.5 0.20 lower
647.55 649.53 1.98 8.80 2124.5 2131.0 6.5 0.26 lower
684.58 686.87 2.29 7.14 2246.0 2253.5 7.5 0.21 lower
693.73 695.40 1.68 14.18 2276.0 2281.5 5.5 0.41 lower
AX‐11C 2037482N/346888E ‐77/082 �������
AX‐12C 2036673N/347752E ‐67/045 �������
ADDITIONAL ASSAYS PENDINGOngoing Drill Program
COVE PROJECT, NEVADA
www.premiergoldmines.com PG:TSX6
HELEN ZONE GOLD DEPOSITLong Section View Looking North
Historic Drill Results from historic drill data
- New Intercepts (Assays Pending)
TRdv
TRf
TRah
TRas
TRapc
0.43 oz/t - 40 ft
0.59 oz/t - 10 ft
0.47 oz/t - 15 ft
0.78 oz/t - 10 ft
0.44 oz/t - 15 ft0.43 oz/t - 10 ft 0. 29 oz/t - 15 ft
0.83 oz/t - 35 ft
0.70 oz/t - 5 ft
0.50 oz/t - 10 ft
TRas - Smelser Pass MemberTRapc - Panther Canyon MemberTRah – Home Station MemberTRf – Favret FormationTRdv – Dixie Valley Formation
1000 ft
11
AX-40.36 oz/t - 20 ft
AX-90.42 oz/t - 40 ft
DRILLING UNDERWAY
- New drill intercept
- New mineralized intercept(Assays Pending)
AX-80.69 oz/t - 65 ft
AXAX--1212AXAX--1111
Note: Drill Results below pit provided from historic drill data
OPEN
Cove Pit~2.6 M oz Au+100 M oz Ag
Historic Production
www.premiergoldmines.com PG:TSX
COVE PROJECT, NEVADA
12
EXPLORATION TARGETS
HELEN ZONE
N-S
Faul
t
N-S
Fau
lt
N-S
Fau
lt CovePit
Gold D
ome F
ault
OPEN
OPEN
Windy PointTarget
Cove Anticline
McCoyPit
www.premiergoldmines.com PG:TSX
CARLIN TREND, NEVADASouth Carlin Project
13
RAIN EXTENSIONTARGETS
(Blue Sage)
Carlin Trend
Carlin Trend
- IN THE HEART OF THE CARLIN TREND -+110 M OUNCES OF PRODUCTION, RESERVES,
RESOURCES & MINERAL INVENTORY
SADDLE-TESS DEPOSIT
RAIN MINE
EMIGRANT EXTENSION
14
THE PREMIER DIFFERENCE
RED LAKE PROJECTSPREMIER OPPORTUNITY!!
View from View from RahillRahill--BonanzaBonanzaJoint Venture boundaryJoint Venture boundary
Tram Development on JV forTram Development on JV forBalance of 2012Balance of 2012
Adjacent to the WorldAdjacent to the World’’ssRichest Gold MineRichest Gold Mine
www.premiergoldmines.com PG:TSX
15
Longitudinal Section Looking North
7.3 km
2.4 km
RLGMWILMAR
GEA
-650m
Surface
-1300m
High-GradeZone 1995
Bruce Channel2005 Boundary
Zone 2006
+27 Million Ounces of Gold
COCHENOURWGZ
WilmarTarget
MarcusTarget
BONANZA
-- All tram development for the remainder of the year will be on JAll tram development for the remainder of the year will be on JV groundV ground-- New prospective New prospective QtzQtz--CarbCarb structures have been intersected in tramstructures have been intersected in tram-- Deep exploration drilling is planned to commence in H2 2012Deep exploration drilling is planned to commence in H2 2012-- Pilot hole ahead of haulage drift is currently being drilledPilot hole ahead of haulage drift is currently being drilled
DC Zone2000
RAHILL-BONANZA JV
Craibbie‐FletcherTarget
PG-G Joint Venture
-- QtzQtz--CarbCarb VeiningVeining
Haulage Tram
Wilmar Mine68.9g/t - 3.5m14.2g/t – 5.0 m
PG70 Zone124.3g/t - 1.5m9.5 g/t – 6.0 m
Current Location
www.premiergoldmines.com PG:TSX
16
RAHILL-BONANZA JV
•N/S Vein Modelled
from Pilot Hole•Reverse Dipping Vein•Mineralized Chert
Unit
May 18 face 1143’West of Boundary
Pilot Holes (Cyan)
Existing Drill
Cutouts for
Future Drilling
Location of
Future Drill
Cutouts
BONA
NZA
WILMARBRUC
E CH
ANNE
L
Unconformity
Note: Conceptual model of future drill program
Underground drill program underwayTesting on-strike of Red Lake Gold Mines
Conceptual – subject to change
www.premiergoldmines.com PG:TSX
UNTESTEDUNTESTED
High-Grade Zone
DC Zone
www.premiergoldmines.com PG:TSX17
TRANS-CANADA PROJECT
Project has evolved from exploration (2008Project has evolved from exploration (2008--11) towards targeted development (201211) towards targeted development (2012--14)14)
Key HighlightsKey Highlights: 1) : 1) 2012 Mineral Resource Estimation Progress Update2012 Mineral Resource Estimation Progress Update2) Permitting for Advanced Exploration underway2) Permitting for Advanced Exploration underway3) Multiple Deposits 3) Multiple Deposits –– Multiple development scenariosMultiple development scenarios
Leitch/Sand River
Nortoba Geraldton
Beardmore
Lake
Nip
igon
Long Lake
JellicoeKey Lake DepositBrookbank Deposit
Northern Empire Mill
Longlac
100% 100% -- Owned Owned District Scale Project PotentialDistrict Scale Project Potential
Hardrock Deposit
11
4 deposits 4 deposits –– multimulti--million ounce gold resourcemillion ounce gold resource
Kailey Deposit
www.premiergoldmines.com PG:TSX18
Hardrock 3D Mine Model in Long Section View looking North
HARDROCK DEPOSIT
500 m
EP-ZONEEPEP--ZONEZONE TENACITY ZONETENACITY ZONETENACITY ZONENN ZONENN ZONENN ZONE
SP Zone
Surface
2000 ft Level
HGN ZONE
HGN ZONE
Open Pit ZonesOpen Pit Zones
F ZONE DELINEATION7.92 g/t Au – 114.5 m
Incl. 23.56 g/t Au – 31.0 m
Western-most holeMM170
18.49g/t – 20.5m
K-Zone
OPENOPEN
Deposits remain open down-plunge
F-ZoneNorth Zone
Tenacity
Fortune Zone
Fortune Zone251.0 g/t Au – 1.0 m121.0 g/t Au – 1.5 mDiscovered in 2009
HighHigh--Grade ZonesGrade Zonesbeing targetedbeing targeted
Grade Est(Au g/t)Grade Est(Au g/t)ClassificationClassification UndergroundUnderground Open PitOpen Pit TonnesTonnes* * Contained Au OzsContained Au Ozs**Measured 5.99Measured 5.99 2.45 9,177,000 985,8002.45 9,177,000 985,800IndicatedIndicated 5.835.83 2.28 11,590,000 1,506,0002.28 11,590,000 1,506,000InferredInferred 5.405.40 2.48 6,802,000 1,122,7002.48 6,802,000 1,122,700
*Open Pit + Underground*Open Pit + Underground
2011 NI432011 NI43--101 Compliant Mineral Resources101 Compliant Mineral Resources
www.premiergoldmines.com PG:TSX19
-- FullFull--service communities of service communities of GeraldtonGeraldton and Beardmore.and Beardmore.-- Access to natural gas, power, & the TransAccess to natural gas, power, & the Trans--Canada Hwy.Canada Hwy.-- Multiple deposits offer multiple development options.Multiple deposits offer multiple development options.
INFRASTRUCTUREINFRASTRUCTURE
TRANS-CANADA PROJECT
HardrockHardrock DepositDeposit
Northern Empire MillNorthern Empire Mill
www.premiergoldmines.com PG:TSX
- Premier Gold - Canada Division:
Trans-Canada Project- Updated resource estimate expected in near future - Mining scenarios being evaluated – future Advanced Exploration- Exploration drill campaign underway (steady results driven news flow)
20
Red Lake JV Projects- Red Lake Mine tram development on JV for the balance of 2012- Initial exploration drilling from tram to commence in mid-late 2012 - Active exploration programs at both JV project sites (steady news flow)
- Premier Gold - US Division:- Cove acquisition provides potential pathway for near-term mine
development – huge exploration upside- Ongoing drill program continues to expand mineralized horizon- Growth through acquisition – strategic focus high-grade gold deposits
PREMIER CATALYSTS
- Premier Royalty Corporation:- Planned spin-out to occur in Q3-2012 – vending royalties into Bridgeport- Immediately competitive in the royalty space with strong cash-flow
Premier Gold Mines LimitedPremier Gold Mines LimitedKEY CONTACTS:KEY CONTACTS:Ewan DownieEwan Downie (807) 346(807) 346--13901390President & CEOPresident & CEO
Paul HuetPaul Huet (807) 346(807) 346--13901390Chief Operating OfficerChief Operating Officer
Stephen McGibbon Stephen McGibbon (613) 376(613) 376--67826782Executive Vice PresidentExecutive Vice PresidentCorporate & Project DevelopmentCorporate & Project Development
Matthew Gollat Matthew Gollat (807) 766(807) 766--33813381Investor RelationsInvestor Relations
A World of OpportunityA World of Opportunity-- Premier Performance Premier Performance –– Premier Growth Premier Growth –– Premier Opportunity Premier Opportunity --
Symbol: PGSymbol: PG Exchange: TSXExchange: TSX