Premier Gold Corporate Presentation

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PREMIER GROWTH – PREMIER OPPORTUNITY November 2012 - PROVEN MANAGEMENT - PROVEN GOLD DISTRICTS - SAFE MINING JURISDICTIONS

description

Updated as of November 2012

Transcript of Premier Gold Corporate Presentation

Page 1: Premier Gold Corporate Presentation

PREMIER GROWTH – PREMIER OPPORTUNITYNovember 2012

- PROVEN MANAGEMENT

- PROVEN GOLD DISTRICTS

- SAFE MINING JURISDICTIONS

Page 2: Premier Gold Corporate Presentation

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DISCLAIMER:This presentation may contain "forward looking information" within the meaning of Canadiansecurities legislation, which are based on the opinions and estimates of management and aresubject to a variety of risks and uncertainties and other factors that could cause actual events orresults to differ materially from those projected in the forward looking information. Such risks anduncertainties include, but are not limited to, risks associated with the mining industry, the risk ofcommodity price and foreign exchange rate fluctuations, the ability of Premier to fund the capitaland operating expenses necessary to achieve the business objectives of Premier, as well as thoserisks described in public disclosure documents filed by Premier. Due to the risks, uncertaintiesand assumptions inherent in forward-looking information, prospective investors in securities ofPremier should not place undue reliance on these forward-looking information.

This presentation has been completed by Premier. Certain corporate projects referred to herein aresubject to agreements with third parties who have not prepared, reviewed nor approved thispresentation. The presentation is not intended to reflect the actual plans or exploration anddevelopment programs contemplated for such projects.

Historical estimates contained herein have been prepared by previous operators and a qualifiedperson has not done sufficient work to classify the historical estimates as current mineralresources. Note Resource Company Date

(1) Hardrock Premier Gold Mines Limited May 17, 2011(2) Kailey Premier Gold Mines Limited May 17, 2011(3) Brookbank Goldstone Resources Inc. May 15, 2009(4) Bonanza Premier Gold Mines Limited Sept 17, 2009(5) East Bay Wolfden Resources Inc. June 5, 2006(6) Helen Victoria Gold Corp May 5, 2011

Notes to Mineral Resource Estimates

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WHY PREMIER??

- MULTIPLE HIGH-QUALITY PROJECTS: - Cove & Saddle in Nevada, Trans-Canada & Red Lake in Ontario

- SAFE, ACCESSIBLE MINING JURISDICTIONS: - Nevada, Ontario – North American focused

- HISTORY OF CORPORATE DEVELOPMENT: - Wolfden Resources, Agnico Eagle, newly formed royalty company

- STRONG BALANCE SHEET: - Approximately $150 million in cash & equivalents*- To be the largest shareholder of Premier Royalty Corporation

* includes current market value of Bridgeport

- SOLIDIFYING MANAGEMENT TEAM TO FACILITATE CORPORATE GROWTH: - Ebe Scherkus joined as Director and Chairman (June 2012)

- Formerly President and COO of Agnico Eagle Mines for 27 years- Strong Mine and Corporate development experience

- Claude Lemasson joined as Director (June 2012)- Formerly General Manager of Projects at Goldcorp – Eleanore and General Manager of Red Lake Gold Mine

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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..

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 successFOCUSED ON CORPORATE GROWTH

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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

- Updated resource for Trans-Canada in Q4

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- 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

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FOCUSED ON PROVEN GOLD DISTRICTS

Red Lake Trans-Canada

RAIN-SADDLE

PROVEN GOLD CAMPSLOW POLITICAL RISK

OUTSTANDINGINFRASTRUCTURE

COVE PROJECT

COVE

PREMIER GOLD MINES USA

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THE PREMIER DIFFERENCE

RED LAKE PROJECTSPREMIER OPPORTUNITY!!

View from Rahill-BonanzaJoint Venture boundary

Tram Development on JV forBalance of 2012

Adjacent to the World’sRichest Gold Mine

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Page 8: Premier Gold Corporate Presentation

WILMAR

BONANZA

N

COCHENOUR

RED LAKE GOLD MINES

HIGH GRADE ZONE

BRUCECHANNEL

PG70 ZONE

DC ZONE

1 km

Rahill-Bonanza JV

Tram to Sept 2012

MARCUS HG YOUNGCRAIBBIEFLETCHER

- GOLD ZONE

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ABINO(G)

CHEVRON(G)

East Bay JV

Footwall Zone Discoveryto 297.6 g/t Au

WGZ

‘F2’ ZONE(RMX)

THE PREMIER DIFFERENCERED LAKE – 2 Core Projects

Unconformity

2 JV PROJECTSStrategically located in the heart

of the Red Lake Camp

- The Rahill-Bonanza JV represents the last project on the main Red Lake “Mine Trend” not 100% owned by Goldcorp.

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Longitudinal Section Looking North

7.3 km

2.4 km

RLGMWILMAR

-650m

Surface

-1300m

High-GradeZone 1995

Bruce Channel2005

Boundary Zone 2006

+27 Million Ounces of Gold

COCHENOUR WGZ

WilmarTarget

MarcusTarget

BONANZA

- All tram development for the remainder of the year will be on JV ground- New prospective Qtz-Carb structures have been intersected in tram- Deep exploration drilling has commenced from the Tram- Surface exploration drilling is testing a newly identified structure

DC Zone2000

RAHILL-BONANZA JV

Craibbie‐FletcherTarget

PG-G Joint Venture

- Qtz-Carb Veining

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

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RAHILL-BONANZA JVRegional Exploration Program

Sept face ~4,000’West of Boundary

Existing Drill Cutouts for 

Future Drilling

Conceptual drill program – subject to change

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Location of Future Drill Cutouts

- Underground drilling program underway

- New mineralized zones have been identified

- Future regional drill program

Drill Bay 10Hole Completed

Initial Drilling Complete

Long-term regional exploration focus

RLGMHGZ Offset

4699

DC

Drilling Underway

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S CARLINCOVE

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

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EMIGRANT

GOLD QUARRY

LEEVILLE

MIDAS

CORTEZ

PIPELINE

MULE CANYON

TWIN CREEKS

BALD MTN

LONE TREE

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COVE PROJECT, NEVADA

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Cove Pit~2.3 M oz Au+100 M oz Ag

2000 ft

Helen Zones

AX-13-14

AX-15

AX-12AX-8

- New Intercept (Assays Pending)

- Ongoing drill program has expanded the high-grade Helen Zone along strike.

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HELEN ZONE GOLD DEPOSITLong Section View Looking North

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

DRILLING UNDERWAY

AX-14

Note: Drill Results below pit provided from historic drill data

Cove Pit~2.6 M oz Au+100 M oz Ag

Historic Production

New Intercept (Assays Pending)

AX-90.42 oz/t - 40 ft

Recently Released Assays

AX-15AX-16

AX-120.27 oz/t - 17 ft

AX-120.21 oz/t - 80 ft

Resource update planned H2 2013

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HELEN ZONE

CovePit

McCoyPit

21000Feet

Windy Point Target

Surface Rock Chip Sample 0.44 oz/t

Near surface resource drilled by Echo Bay late 80’s

COVE PROJECT, NEVADAMAJOR EXPLORATION UPSIDE

- Gold-bearing structural intersectionsimilar to the Helen Zone

- Permitting being completed for amajor drill program ramp-up (from 1 to 4 drill rigs)

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TRANS-CANADA PROJECT

Project has evolved from exploration (2008-11) towards targeted development (2012-14)

Key Highlights: 1) Permitting for Advanced Exploration - Completed2) Revised Resource Estimate – Q4 2012 completion3) Internal Economic Assessments currently being considered4) Multiple Deposits – Multiple development scenarios

Leitch/Sand River

Nortoba Geraldton

Beardmore

Lake

Nip

igon

Long Lake

JellicoeKey Lake DepositBrookbank Deposit

Northern Empire Mill

Longlac

100% - Owned District Scale Project Potential

Hardrock Deposit

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4 deposits – multi-million ounce gold resource

Kailey Deposit

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500 m

EP-ZONEEP-ZONENN ZONENN ZONESurface

2000 ft Level

Open Pit Zones

North Zone Deeps

TENACITYZONE

TENACITYZONE

MosherShaft

Western-most holeMM170

18.49g/t – 20.5m

Hardrock 3D Mine Model in Long Section View looking North

2011 Mineral Resources:

HARDROCK DEPOSIT

Material Resource Classification

Cut‐off Grade (g/t Au)

Estimate Gold Grade (g/t Au)

Tonnes Contained Gold (oz)

Open Pit Measured 0.83 2.446 6,865,000 540,000Open Pit Indicated 0.83 2.280 5,833,000 427,500Open Pit Inferred 0.83 2.483 615,000 49,000

Underground Measured 2.8 5.993 2,312,000 445,800Underground Indicated 2.8 5.827 5,757,000 1,078,500Underground Inferred 2.8 5.397 6,187,000 1,073,500OP + UG Measured + Indicated ‐‐‐ 3.732 20,767,000 2,491,800OP + UG Inferred ‐‐‐ 5.133 6,802,000 1,122,700

•See Notes 1,2,3,4,5,6 regarding mineral resource estimates

Updated Resource Estimate in Q4

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- Full-service communities of Geraldton and Beardmore.- Access to natural gas, power, & the Trans-Canada Hwy.- Multiple deposits offer multiple development options.

INFRASTRUCTURE

TRANS-CANADA PROJECT

Hardrock DepositPermitting is underway for de-watering and

Advanced Exploration Program

Northern Empire Mill

Page 18: Premier Gold Corporate Presentation

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- Premier Gold - Canada Division:

Trans-Canada Project- Updated resource estimate expected in near future - Mining scenarios being evaluated – future Advanced Exploration- Secured key permit for underground exploration program

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Red Lake JV Projects- Red Lake Mine tram development on JV for the balance of 2012- Ongoing drill results from tram and surface exploration program

- 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

PREMIER CATALYSTS

- Premier Corporate:- Planned royalty spin-out to occur in Q4-2012- Growth through acquisition – strategic focus high-grade gold deposits

Page 19: Premier Gold Corporate Presentation

Premier Gold Mines LimitedPremier Gold Mines LimitedKEY CONTACTS:

Ewan Downie (807) 346-1390President & CEO

Ebe Scherkus (416) 317-4877Chairman

Stephen McGibbon (613) 376-6782Executive Vice PresidentCorporate & Project Development

Matthew Gollat (807) 346-1397Corporate DevelopmentInvestor Relations

A World of Opportunity- Premier Performance – Premier Growth – Premier Opportunity -

Symbol: PG Exchange: TSX