RESOURCES Les Ressources Komet Inc....Airborne EM survey - TAU Airborne Total MAG Hor. Grad. 14...
Transcript of RESOURCES Les Ressources Komet Inc....Airborne EM survey - TAU Airborne Total MAG Hor. Grad. 14...
TSX-V: KMT www.kometgold.com1
KOMETRESOURCES
Les Ressources Komet Inc.
Developing the Guiro
High Grade Gold Lode Deposits
Exploring for new
Gold Deposits
Corporate PresentationJuly 2018
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DISCLOSUREFORWARD-LOOKING STATEMENTS
Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results andfuture events could differ materially from those expressed or implied in such statements. You are hence cautioned not to place unduereliance on forward-looking statements. Forward-looking statements include words or expressions such as “projected”, “initial”,“targeted”, “expected”, “anticipated”, “estimates”, “potential”, “priority”, “objective”, “aim”, “continuing”, “planned”, “designed to”, “inorder to”, “achieve”, “envisaged”, ‘will”, “committed”, “evolve”, “become”, “pursuing”, “growth”, “opportunities” and other similar words orexpressions. Factors that could cause future results or events to differ materially from current expectations expressed or implied by theforward-looking statements include the ability to achieve our 2018 production guidance, the accuracy of our assumptions, the ability toexecute on our strategic focus, fluctuation in the price of currencies, gold or operating costs, mining industry risks, uncertainty as tocalculation of mineral reserves and resources, delays, political and social stability in Africa (including our ability to maintain or renewlicenses and permits) and other risks described in KOMET’s documents filed with Canadian securities regulatory authorities. You canfind further information with respect to these and other risks in KOMET’s 2015 Annual MD&A, and other filings made with Canadiansecurities regulatory authorities and available at www.sedar.com. These documents are also available on our website athttp://kometgold.com. KOMET disclaims any obligation to update or revise these forward-looking statements, except as required byapplicable law.
We also advise you that the terms “Inferred Resources” and “Indicated Resources”, although recognized and required by theCanadian Securities Administrators, are not recognized by the US Securities and Exchange Commission. There is no certainty thatInferred Resources or Indicated Resources will be economically mineable. All mineral resources are exclusive of mineral reserves. Inthis presentation,
All amounts are in Canadian Dollars (CAD) unless otherwise indicated.
The material presented herein is private and confidential. The contents are not to be reproduced or distributed to any third party,including the public or press.
Qualified Person : The qualified person for Komet’s projects, L.Werner Claessens, President & CEO for Komet, professional geologist,member of the European Federation of Geologists, has reviewed and verified the contents of this presentation (add PvO ?)
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COMPANY OVERVIEW AND HIGHLIGHTS
May 2015 Acquisition of the Guiro-Diouga Property and the Guiro Small Scale Mine
in Burkina Faso
2015 - 2016 Reconstruction – Renovation of the Guiro mine followed by optimisation test runs
June 2016 Acquisition of the Dabia South Exploration Permit
located in the very prospective Kenieba area, western Mali
1st Qter 2017 - Guiro : Installation and testing of ore concentrators and Acacia gravity-leach unit
- Dabia S : 1st phase exploration drill campaign – development of Kabaya mineralization
May 2017 Guiro : Startup of commercial Production
May 2017–May 2018 Company struggles to manage mine operation, and stabilize and increase Gold Production
March 2018 Dabia S : 2nd phase exploration drill campaign ; develop the gold resource
May 2018 Corporate Restructuration ; nomination of new CEO, CFO and COO/VP Explor.
3rd – 4th Qter 2018 Objectives - reorganization and restructuration of the company
• Improve small scale mine operation, increase Gold Production• Renew and reduce size of Mining Permit ; convert remaining part in Explor. Property
• Finalize transfert of 2 exploration permits totalling (+/- 500 km²) to Komet
• Design and prepare Exploration Programs to :
- develop regional exploration potential
- extend Guiro gold lode resources
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2019-2020
Burkina Faso
Exploration
• Design an aggressive Exploration Program to develop
the Regional Gold Potential of the 500 km² Exploration Properties
• Make new discoveries and develop Gold Deposits
Guiro Mine
• Improve (M&I) and Expand the known Gold Resource
• Design a long term Mine Plan
• Improve mine infrastructure, develop underground
mine,
• Increase significantly gold production
Mali
• Continue Exploration and Definition drilling
• Expand existing resource in depth
• Find new Resource zones
COMPANY STRATEGY
In the new Strategy Management set itself the task
to find the necessary investments in order to realize
the following objectives :
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New MANAGEMENT TEAM and BOARD OF DIRECTORS
New Management
L.Werner Claessens, M.Sc., P.Geo
President & CEO
Etienne Courchesne, CPA, CA
Chief Financial Officer
Large experience in public company financial
reporting ; former Fin. Controller of Stornoway
Diamond Corporation
Pascal Van Osta, M.Sc., P.Geo
COO and VP Exploration
Mr. Claessens and Mr. Van Osta have resp. 35 and 30
years of experience in gold and base metal exploration
in West Africa and the Guyana Shield of South America.
During their parallel careers they achieved several suc-
cesses as part of the teams that discovered Sadiola Hill
and Morila gold deposits in Mali, Samira Hill in Niger,
Youga in Burkina Faso and Agbaou Hill in Côte d’Ivoire,
all of which became producing mines. More recently they
focused on the world class gold-copper Toroparu project
in Guyana, which is now at the feasibility stage.
Board of Directors
Robert Wares, D.Sc., P.Geo
Chairman of the BoardPresident of the Order of Geologists of Quebec
EVP Explor.&Res.Dev. Osisko Mining
André Lebel, LL.B., B.Sc.A.
VP Legal Affairs and Corp. Secr. Of
Osisko Gold Royalties
Pierre Colas, B.Comm.
Former Financing Director at Desjardins
and Industrial Alliance
Mathieu Savard, B.Sc., P.Geo
VP Exploration of Osisko Mining
André Gagné, BA
L.Werner Claessens, M.Sc., P.Geo
President/CEO
Albert WildgenAdvisor to the Board
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Exchange TSX.V: KMT
Share Price* CAN$ 0.24
Market Cap* CAN$ 17.6M
52-Week Range (low-high) CAN$ 0.48 – 0.23
Shares Outstanding 73,481,385
Stock Options 3,750,000
Fully Diluted Share Capital 77,231,385
71%
29%
Retail
Investors
Management
and Insiders
CAPITAL STRUCTURE
Komet Resources Inc.
Corporate Office
HQ, Québec, Canada
Operations office
Ouagadougou,
Burkina Faso
4.5 year KMT share price CAD
USD
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BURKINA FASO – West Africa
Capital : Ouagadougou
Population : 20 millions
Currency : CFA franc (XOF)
4th gold producer in Africa
Total Resources (M&I&Inf.) : +/- 60 M oz
11 mines in production(1st mine in 2006)
4 mines in construction
5 gold deposits in development
Markoye
Fault Corridor
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THE GUIRO-DIOUGA PROPERTY
The Mining License, 65 km², lies within the Bouroum-
Yalogo belt in northeastern Burkina Faso. The property
is positioned immediately East of the regional Markoye
fault zone lineament, which is adjacent to significant gold
deposits including as f.ex. Essakane, Taparko, Sanbrado, Kiaka
The Guiro Mine is located in the southwestern
edge of the Mining License.
Guiro Mine.
0 20km10
Markoye
Fault Corridor
Guiro-Diouga
Mining Permit.
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GUIRO MINE : an UNDERGROUND OPERATION
Guiro is an underground operation. The mined orebody is a steeply dipping, E-W oriented, shear-hosted,
high grade gold quartz vein and is striking over several 100 of m within a granodiorite intrusive.
Based on the existing core drill results (irregular and large defin. drill grid) an estimated Potential Resource was
calculated of around 100,000 oz ; an re-evaluation of the resource is ongoing
One single shaft providing access to the underground mine,
used for personnel entering-leaving mine and hauling ore.
The primary mining method is longitudinal longhole stoping,
with delayed waste rockfill. Ore is mined using pneumatic
jaglegs and blasting. Ore is manually shoveled in wagons
and transported to the shaft and surface.
Average ore production of 64 tpd (over last 6 months).
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After crushing and milling
the heavy ore concentrate
is processed in the Acacia Reactor
GUIRO MINE : ORE PROCESSING
The rejects of the
Acacia unit and fine
fraction ore is
pumped to theVAT Leach units
GOLD PRODUCTION - LTM
Ye
ar
Month
Ore Prod
T of ore
Total Monthly
Gold Prod.
grs. Au
2017 JUN 1,530 6,179.21
JUL 1,475 6,103.07
AUG 1,684 5,392.62
SEPT 2,149 6,476.42
OCT 2,231 7,613.86
NOV 2,065 3,899.39
DEC 2,350 3,750.66
2018 JAN 1,945 6,577.47
FEB 1,583 10,877.47
MAR 1,921 10,228.32
APR 1,882 6,373.87
MAI 2,260 5,596.81
Totaux : 23,075 79,069
Monthly aver. Production 1,923 6,589
Ore -dayly Prod. 64 T
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GUIRO EXPLORATION - Growth Opportunities
* Plan and budget Core Drill campaigns,
Exploration and Resource Definit. Drilling
Objectives :• Acquire better geological
Understanding
• Expand the Guiro Main Vein
Resource, laterally and in depth
* Drill and Explore the Guiro North and
South auriferous quartz vein sets
Objective : add significant resources(recently 8 recon core holes were drilled and
revealed High Grade intercepts in the southern
vein)
Guiro Mine Site
Guiro North vein sets
0 200m
The Guiro Site has Resource Growth Potential
There is the Potential to double even triple the existing resource
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GUIRO REGIONAL EXPLORATIONBuilding a large Exploration Package
• The Acquisition of two Exploration permits is in its final phase; Kalo and Dalinga properties will be transferredin the next weeks to Komet
• The Application to renew and reducethe Guiro Mining Permit (from 65km²
to 1.5 km²) is in Progress
Result : a contiguous Exploration
Package of total 510 km²
Exploration Program and Budget are in Preparation
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GUIRO REGIONAL EXPLORATIONAn impressive Gold Potential
• Compilation of historic exploration data and
reports (80ties-90ties)
• Presence of numerous artisanal diggings(going on since decades)
10 auriferous vein systems identified
in an area where large zones remain
underexplored within the Bouroum-Yalogho belt
In 2017 Komet’s financed
• A 560 km² Airborne EM-MAG survey
• The Acquisition of Landsat – Aster images
• A Lithostructural and Alteration System Study
of all available regional information
Result
an Impressive Gold Potential0 10km
Artisanal diggingsGold findings
Litho-structural & Alteration zones
Interpretation
Airborne EM survey - TAU
Airborne Total MAG Hor. Grad.
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DABIA SOUTH EXPLORATION LICENSE
The Dabia South Exploration License was acquired
by Komet Mali in June 2016.
The property is located in western Mali, in the
southeastern corner of the Kedougou-Kenieba
Paleoproterozoic inlier, well known for world class
gold deposits as f.ex. in Mali, Sadiola, Loulo, Taba-
koto, Gounkoto, Fekola all of them mined by major
companies as Anglo-Ashanti, Iamgold, Randgold, Endeavour, B2Gold etc…
Kenieba
Bamako
Kedougou-Kenieba
Paleoproterozoic
inlier
Tabakoto
Fekola
Gounkoto
Loulo
Boto
DiakhaSiribaya
DABIA
SOUTH
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DABIA SOUTH EXPLORATION
Combined historic exploration results (soil geochemistry surveys – Gravimetric Survey) and extensive gold
digger fields put in evidence an area in the southern part of the Dabia property showing an interesting
Gold potential, called the Kabaya target zone.
Gravity Survey Litho-structurale interpretation
KabayaKabaya
Gold anomalous zone >50ppb
Gold diggers – artisanal mining zonesXX
X
X
X
XX
XX
XX
X
XX
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DABIA SOUTH EXPLORATION
Komet planned and executed two drill campaigns (1st Qter 2017 and March, 2018) of
shallow RC Holes (av. 65 m vertical depth) ; the results reveal a significant mineralization
system with good grade continuity.
Drill maps show two, north-south oriented, orebodies, within an estimated
+/- 80m thick saprolite layer. Orebodies seem to plunge slightly to the south.
A Block model and Resource Evaluation will be soon available
Kabaya SW
Kabaya Main
N
Leapfrog 3D image : Kabaya gold mineralization systemKabaya RC drill grid (+/- 25 x 25m)
Kabaya SW
Kabaya Main
N
1st RC campaign : 54 holes – 4243 m
2nd RC campaign : 38 holes – 3029 m
0 200m
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DABIA SOUTH EXPLORATION
Highlights RC Drill Resultscampaigns 2017 – 2018
EXPLORATION
* Proceed with Kabaya ExplorationProgram :
Design a 7,500 m Core drill Resource Definition campaign
Expand the Kabayamineralization system in depth withinthe bedrock part and laterally
* Reconnaissance exploration drillingis planned on the gold anomalouszones in eastern and northern partsof the Property
identify new Resource zones
2017
HoleIDType mFrom mTo
Drill
Width m
Weighted
Average
Grade Au
g/t
Km2017rc01 Infill 34 43 9 1.84Incl. 37 39 2 5.56
Km2017rc03 Infill 49 55 6 2.97Incl. 51 54 3 5.03
Km2017rc06 Infill 39 47 8 1.61Incl. 39 44 5 2.06
Km2017rc06 52 64 12 3.68Incl. 53 56 3 12.23
Km2017rc06 65 70 5 9.33Incl. 66 67 1 33.60
Km2017rc11 Infill 0 12 12 2.30Incl. 0 7 7 3.38
Km2017rc12 Infill 21 58 37 3.14Incl. 21 26 5 4.64Incl. 32 35 3 8.19Incl. 38 42 4 6.25Incl. 46 51 5 5.96
Km2017rc15 Infill 0 27 27 1.33Incl. 8 11 3 2.72Incl. 19 22 3 2.07
Km2017rc16 Infill 0 37 37 1.64Incl. 0 11 11 2.32Incl. 25 30 5 2.89
Km2017rc16 39 43 4 1.25Km2017rc17 Infill 0 22 22 1.11
Incl. 13 18 5 1.90Km2017rc18 Infill 46 48 2 6.18Km2017rc20 0 8 8 5.04
Incl. 2 5 3 10.56Km2017rc26 Infill 0 7 7 2.42
Incl. 0 3 3 4.28Km2017rc35 Infill 0 11 11 3.44
Incl. 0 5 5 6.22Km2017rc39 Infill 41 52 11 1.69
Incl. 41 44 3 3.56Km2017rc39 65 78 13 1.03Km2017rc41 Infill 0 11 11 1.86
Incl. 0 6 6 2.76Km2017rc48 Infill 7 18 11 1.60
Incl. 9 13 4 1.97Km2017rc48 45 58 13 1.01
Incl. 45 49 4 1.73Km2017rc50 Infill 7 20 13 1.36
Incl. 14 17 3 2.47Km2017rc51 Infill 8 37 29 3.12
Incl. 22 34 12 4.60Km2017rc52 31 37 6 3.62
Incl. 32 36 4 5.18Km2017rc52 50 60 10 1.41
Incl. 53 57 4 2.07Km2017rc52 71 80 9 1.77
Incl. 72 75 3 2.11
2018
HoleIDType mFrom mTo
Drill
Width m
Weigthed
Average
Grade Au
g/t
Km2018rc01 step-out 48 51 3 1.24
Km2018rc12 infill 6 23 17 1.63
Km2018rc12 30 58 28 1.06
Incl. 31 33 3 1.76
Incl. 47 50 3 2.01
Incl. 52 55 3 1.78
Km2018rc13 infill 12 20 8 1.07
Km2018rc13 24 31 7 1.21
Km2018rc13 33 41 8 1.11
Km2018rc15 infill 8 26 18 1.60
Km2018rc17 infill 59 61 2 1.06
Km2018rc19 infill 21 26 5 1.20
Km2018rc20 step-out 28 31 3 2.65
Km2018rc25 step-out 6 14 8 2.11
Incl. 7 11 4 3.80
Km2018rc26 step-out 21 28 7 1.53
Km2018rc31 step-out 17 19 2 1.13
Km2018rc31 45 78 33 1.26
Incl. 45 48 3 3.59
Incl. 50 53 3 1.92
Incl. 54 61 7 2.24
Km2018rc33 infill 68 76 8 2.66
Km2018rc34 infill 0 5 5 2.03
Km2018rc34 63 67 4 1.35
Km2018rc36 infill 60 64 4 1.53
Km2018rc36 68 70 2 1.95
Km2018rc36 76 79 3 1.78
Km2018rc37 step-out 10 20 10 1.16
Km2018rc38 step-out 41 45 4 1.90
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KOMET SUMMARY
Appealing Exploration Projects• in Burkina : Potential for Discovery of significant Gold Deposits
on a 500 km² underexplored Exploration Land Package• in Mali : Probable Expansion in bedrock and depth of
existing gold Mineralization system
Guiro Mine Project has growth potential• Exploration to double even triple existing mine resources• Design a long term mine plan• Increase gold production• Expand mining operation
Strong and Professional Board of Directors
New Dedicated Managament team with solid experience Developing Projects in Africa
KOMET RESOURCES
a Company with the Capacity for strong Growth
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KOMETRESOURCES
Contact Information
L.Werner Claessens
Robert Wares
Komet Resources Inc.
1191 De Montigny
Quebec, QC, Canada G1S 3T8
Phone: +1-581-300-1666
Email: [email protected]
http://kometgold.com/en