Intrusive Related Gold System Portfolio (IRGS) Queensland, Australia
May 16, 2015
Intrusive Related Gold System Portfolio
(IRGS)
Queensland, Australia
Disclaimer
Presentation
This presentation has been prepared by Signature Gold Limited (Signature) ABN 34 142 902 985 as a presentation of general
information about activities current at the date of the presentation. It is prepared in good faith based on Signature’s own
information and on data obtained from sources believed to be reliable. It is provided in summary format and does not purport
to be complete. Signature therefore gives no warranties as to the accuracy, reliability or completeness of the information
(except to the extent liability under statute cannot be excluded).
Certain statements in this presentation may constitute forward-looking statements. Such statements are inherently subject to
uncertainties as they may be affected by a variety of known and unknown risks, variables and other factors which could
cause actual values or results, performance or achievements to differ materially from anticipated results, implied values,
performance or achievements expressed, projected or implied in the statements. Signature gives no assurance that the
anticipated results, values, performance or achievements expressed or implied in those forward-looking statements (if any)
will be achieved. The presentation is general in nature and is not intended as financial advice or an investment
recommendation. Persons should obtain their own specific investment advice in respect of their particular needs, objectives
and financial circumstances. The presentation is proprietary to Signature and is not to be used for any other purpose without
Signature’s prior written consent.
Compliance Statement This presentation contains references to an Exploration Targets. Signature emphasises that the potential quantity and grade
of Exploration Targets is conceptual in nature and that there has been insufficient exploration to define any Mineral Resources
for this targets. It is also uncertain if further exploration will result in the determination of any Mineral Resources for these
targets.
2
What do we have
› Location + scale + grade
• Location – Close to Rockhamton – surrounded by majors – big portfolio
• Scale – 3Moz+ hurdle creates option value
• Grade – Historic production and drilling to 150m depth grades 5-15g/t Au
› High calibre team - proven track record and we are doing it again
› $12m+ in ground spend – 20,000m drilling – hard data not speculation
› Portfolio strategy – 3Moz+ assets are tradable with the majors
3
Location - Global IRGS setting
4
IRGS deposits globally are big – millions to tens of millions of ounces
Location + Scale + Grade
5
› Material footprint:
• 1,250km2 100% owned
› We are not in the discovery
business…
• Geochem
• Geophysics
• Drilling
• Historic production
› Following high grade surface
mineralisation into large
scale feeder systems
› Targeting 3Moz+ at 50m-
300m depth
Prime location in recently recognised IRGS region with high profile neighbours
Done it before – doing it again
John Hewson Chairman
Extensive and diverse
experience spanning
business, politics and
academia. Key previous
roles include Founding
Director Macquarie Bank,
Chairman ABN Amro,
Federal Opposition Leader
and Dean of MGSM.
Tony McLellan Independent Director
International business
leader with unparalleled
gold industry experience.
Key previous roles include
CEO Barrick Gold,
Chairman Felix Resources
(Yancoal), Chairman
Norton Gold (Zijin).
Brett Boynton Managing Director
Experienced Resources
Investment Banker, UBS
(London & New York),
Credit Suisse (Sydney),
FBR Capital.
Substantial M&A and asset
structuring/advisory
experience. Director Tellus
Holdings.
Peter Prentice Director
International mining
exploration and
engineering executive.
Founder and MD
Hargraves Resources
(TSR from IPO > 10x).
Project leader Ranger
Uranium 1, Ulan Coal.
High performance team with track record of shareholder value creation
6
Alexander Teluk Chief Operations Officer
Professional geologist with 45 years of experience in exploration and mining, corporate industry and government surveys.
Extensive knowledge of Queensland geology and one of the pioneers in exploration of Intrusion Related Gold Systems.
Bruce Fulton Executive Director
Significant Director
experience across ASX
listed resources companies.
Key roles have included
Chief Geologist Porgera
(then a top five global
producer >1Moz pa) and
senior roles with Dominion
Mining, Placer Dome and
Plutonic.
New technology on old ground
Mt Cassidy
› Porphyry & Breccia IRGS veins / stockworks:
• Type example – KSM (Kerr-Sulphurets-Mitchell)
Canada (NW British Columbia) 28.5Moz Au
› Extensive surface footprint:
• 20km2 area of intense hydrothermal alteration
• 4,300 sample geochemistry program shows far outliers (significant anomalous gold) over coincident area
• Widespread historic workings produced gold at +15g/t Au (mill recovered)
› Intersections of +5g/t Au to 155m depth
› July 2013 SAM program
• confirmed mineralised dilation zone
• Potential resource +60Mt @ 2-3g/t = 4.5Moz
• Numerous high grade zones
• and
• 3 new under cover mineralised zones
7
Massive low level intrusion with mineralised dilation zone ready for depth testing
Expanding on known mineralistion
8
Last Chance / Day Dawn
› IRGS sheeted vein swarm running to surface:
• Type Example – Nezhdaninskoe >35M oz Russian Magadan Province
› Previous shallow drilling: • 7 distinct sheeted veins • 200m mineralised zone tested • 1m @ 11.2g/t Au from 16m • 2m @ 6.7g/t Au from 67m
› July 2013 exploration
• Confirmed the source of mineralisation in known
veins
• Shown an extension of strike to 1000m+
• Shown depth extension beyond existing drilling
• Potential resource 35Mt @ 3g/t = 3.4Moz
• and…
• Identified a 2km extension of the vein corridor
Drill ready vein swarm with recently identified 2km extension to the corridor
Primary
intrusion
Satellite
Pluton
Satellite
Plutons
Vein swarm
extension area
Building a low risk portfolio
9
Specimen Hill › Epithermal IRGS Veins & proximal Porphyry
• Type example - Caspiche: 20Moz+ Au Maricunga Belt Chile
› Massive multi-phase intrusion at intersection of 2 major faults: • Ideal ground preparation
• Large overlying area of Au & Cu soil anomalies
› Historic production of 8,000ozs @ up to 14g/t
Au
› Significant mineralisation intersected from
4200m of drilling over 500mx300m area: - Mineralisation at surface
- 64 Holes testing to ~200m
- 33m @ 2.78g/t Au
- 14m @ 11g/t Au
- 8m @ +18g/t Au
- Very high grade (40g/t+) elluvial gold
Drilling for grade – not discovery
Isometric view looking north
Magnetics showing intrusive draped with geochem
What’s next?
10
Initial $3m Raise to fund primary target - 12 hole - +5,000m drilling program
Quarterly program Q1 Q2 Q3 Q4 Q5 Q6
TOTAL A$ A$ A$ A$ A$ A$
Drilling and Reporting 8,015,900 728,900 1,226,400 2,058,900 2,561,400 1,173,900 266,400
Geophysics 661,600 225,350 15,000 17,500 8,750 197,500 197,500
Geochemistry 350,000 105,000 175,000 - - - 70,000
Geology 132,500 17,500 40,000 15,000 50,000 10,000 -
Consultants 210,000 45,000 45,000 30,000 30,000 30,000 30,000
Equipment and Consumables 270,000 45,000 45,000 45,000 45,000 45,000 45,000
Corporate 360,000 60,000 60,000 60,000 60,000 60,000 60,000
Total 10,000,000 1,226,750 1,606,400 2,226,400 2,755,150 1,516,400 668,900
Cumulative Total 1,226,750 2,833,150 5,059,550 7,814,700 9,331,100 10,000,000
Pro forma PE / IPO Capital Structure
11
Pre IPO Investment opportunity at cash value
• No outstanding options/warrants/convertibles – one class of plain vanilla equity
• Tightly held by founders, vendors and management
Date #
Shares Price Raise
Market
Cap New Investors
A$ A$ A$ Cumulative Holding
Vendors Mar-10 45m $0.20 $9.00m
Seed Jun-10 5m $0.05 $0.25m
Seed II Jan-11 25m $0.10 $2.50m
Pre - IPO Wholesale Dec-12 11m $0.15 $1.65m
Total currently on Issue (fully diluted) 86m* $0.15 $12.9m
Current Raise Nov-13 20m $0.15 $3m $16m 19%
Follow on Private or IPO Q1 14 25m $0.20 $5m $26m 34%
BFS preparation round Q4 14 8m $0.25+ $2m $35m 38%
Total pro Forma Shares on Issue 139m
Summary
12
We are private and open to deal
› Location + scale + grade = high profit ounces
› High caliber team with proven track record
› Early mover advantage – prime tenure secured in
proven IRGS province
› Discoveries made – drilling known mineralised
systems with hard data backing
› Majors investing heavily in nearby projects,
driving asset inflation
› High activity work program with multiple projects
to BFS
› Portfolio based strategy – JV / farm out to build
balance sheet and crystalise shareholder value
early
Brett Boynton – Managing Director
Tel: +61 2 9241 7665
Email: [email protected]
Suite 1, Level 5, 71 Macquarie St
Sydney, 2000 NSW