Premier Gold Corporate Presentation
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Transcript of Premier Gold Corporate Presentation
PREMIER GROWTH – PREMIER OPPORTUNITYNovember 2012
- PROVEN MANAGEMENT
- PROVEN GOLD DISTRICTS
- SAFE MINING JURISDICTIONS
www.premiergoldmines.com PG:TSX2
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
6
FOCUSED ON PROVEN GOLD DISTRICTS
Red Lake Trans-Canada
RAIN-SADDLE
PROVEN GOLD CAMPSLOW POLITICAL RISK
OUTSTANDINGINFRASTRUCTURE
COVE PROJECT
COVE
PREMIER GOLD MINES USA
7
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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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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9
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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10
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
www.premiergoldmines.com PG:TSX
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
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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
18
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
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