Transcript Giyani Gold Corp.
Creating Shareholder Value in South Africa and Canada
Unlocking Value in the Limpopo Provence Duane Parnham, Executive Chairman
Forward Looking Statements
This presentation contains forward looking statements and factual information that are current as of the date the presentation was originally delivered. Giyani Gold Corp. disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. Forward looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of properties; future prices of gold; accidents, labour disputes and other risks of the gold industry; ability to obtain financing; and delays in obtaining governmental approvals.
New project for a team with a proven track record of finding, funding and strategically partnering with local governments and stakeholders in Africa.
Portfolio of past producing mines with significant exploration potential.
Big Game Hunting
Proven region, proven partnership model, proven track record, proven team Proven Region, South Africa:
Six past producing mines – consolidating third most prolific greenstone belt
Proven Region, Canada:
Three high impact projects – strategic land positions in known mining camps
Proven Partnership Model:
Government and Black Economic Empowerment (BEE)
Proven Team:
Managerial, financial, and technical
Proven exploration track record + access to capital South Africa Canada
Value Creation Strategy
1
Opportunity
2
Identify Undervalued Assets
3
Finance & Add Value
4
Monetize
Proven Team
Duane Parnham, Executive Chairman
• Track-record developing exploration companies – start-up to hundreds of millions in value • Works with governments and landowners – identifies high-impact and underdeveloped projects
Mark Monaghan, Executive Vice President
• 18 years public company experience – corporate finance, institutional equities, corporate development, merchant banking, executive management and board appointments
Knowledge Katti, Vice President, Business Development
• Strong relationships with governments, empowerment groups, and community stakeholders • Identifies strategic resources and forms partnerships with capital/expertise and host countries
Roger Laine, Ph.D., Director
• Geological engineer – Ph.D. in geosciences, University of Arizona • 40 years of international industry experience in uranium, copper and gold
Forsys Metals Corp.
Fully permitted uranium project in Namibia
Total timeline = 5 years
Opportunity Assets Strategy Exit
• Long-term demand increase for uranium • Identified assets within an emerging region, Namibia • Valencia located 25km from Rossing – world class uranium region • Ondundu – high impact gold project
+$60MM
Capital Raised • Formed strategic partnerships with government and BEE • Recruited world class management and board • Fully permitted project – 25 year mining license • Defined 77.2 MMlbs resources and 60.5 MMlbs reserves • Positioned as next producing uranium mine • Operated by development team management • Facilitated earn-in on Ondundu gold project
$235MM
Market Capitalization
UNX Energy Corp.
Multi-billion barrel offshore oil & gas resource in Namibia
Total timeline = 3 years
Opportunity Assets Strategy Exit
• Identified long-term value of oil & gas • Sought large concessions in prospective region, Namibia • South Atlantic Margin Oil & Gas • Acquired interests in 52k km of offshore concessions in Namibia • 20bln BOE unrisked resource • Recruited world-class management team • HRT JV partnership • Additional concessions • Structured government and BEE partnership • Pending sale to JV partner • Continued exposure to assets (share exchange) • South Atlantic Powerhouse • $0.50 to $6.17
+$60MM
Capital Raised
$730MM
Transaction Value
Giyani vs. Timmins
Giyani Timmins 15km 15km Both past producers: Timmins +100 years Giyani 10 years +70 million ounces Au produced
Giyani Gold Corp.
Six past producers with prolific gold potential Total timeline 24 months Opportunity Assets Strategy Exit
• Strong gold market • Under explored and overlooked greenstone belt - 15 km of strike • Third largest gold producing country • Unique partnership with government and BEE • Government moratorium – 50mm rand on airborne and geochemical – Giyani preference partner • Banded iron formation / quartz veins • Open at depths greater than 300 meters • 6 past producing mines • Large historic resources • Strong regional infrastructure
+$9MM
Capital Raised • Close acquisition • Drill, drill, drilll historic resource targets • Partner on additional assets with government • Recruit technical talent • Bring assets to production point
M&A
Giyani Greenstone Belt
Attractive African Portfolio
Louis Moore
Covers a geographic area of 1955 ha Vein samplings of 19.8 g/t over 3.4 meters and 21.1 g/t 2.2 meters High grade historical production Open at depth below 180 meters
Klein Letaba / Frankie
Largest scale projects Collectively covers geographic area of 1923 ha Open pit potential, large historic resources, past production – Open at depth below 275 meters
Birthday
Covers a geographic area of 68 ha High grade gold values previously mined – potential jewel of region Shuttered ramps and shafts Open at depth below 200 meters
Horseshoe 1 &2
Two shuttered vertical shafts located on property – historical production Two ore shoots calculated at 7.3 g/t Open below 30 meters of surface
Unrivalled Partnership Model
100% Corridor Mining Resources 10% 80% BEE Investment Vehicle 20% Giyani Community Trust 5% Lexshell 837 Investments (Pty) Ltd.
85% Rock Island Trading Note: Giyani 66.5% total interest
Exciting Canadian Projects
Skead Copper-Gold
972 ha – 15 km south of Larder Lake Non NI 43-101 channel samples up to 6% copper and 3 ounces per ton gold Past-producing New Telluride gold mine – last production 1932
Shaw Gold
73 Unit claims – 8 km east of Timmins and 5 km south of Dome Mine Dome Mine produced over 64 million ounces of gold since 1910
Baska-Eldorado Project
Three trench work samples – exceptional TREO assays: 55.9%, 30.6% and 18.9% Rare earth element grab samples: Ce2O3 - 28.1%, Nd2O3 - 9.57%, Eu2O3 0.086%, and Tb2O3 - 0.051
%
Strong Leadership
Management Alex Helmel
President and CEO
Mark Monaghan
Executive Vice President
Knowledge Katti
VP, Business Development
Darren Tindale
Chief Financial Officer
Casper Bych
Corporate Secretary
Board of Directors Duane Parnham
Executive Chairman
Alex Helmel
President and CEO
James Turner
Independent Director
Roger Laine
Independent Director
Rick Vaive
Independent Director
Company Summary
• Consolidating under explored and developed assets – past production, high grades, excellent infrastructure • New model for partnership with government and BEE • Consolidating third most prolific greenstone belt in South Africa – six past producing mines • Land positions in prolific Canadian mining camps – past production and major mining operations present • Managerial, financial and technical abilities – multiple successes and significant access to capital
Key Investment Criteria
Strategic holdings in Premier Gold Province in Canada and South Africa Majority ownership unemcumbered by RSA BEE structures Proven Management with proven track record of developing RSA assets Cheap option on gold (<$2.00 ounce gold acquisition cost) Historical resources with unlimited upside potential Focus on gold projects with +5 million ounce potential
Capital Information
(post close) Symbol Share Price* Basic Shares (mm) Warrants (mm) Options (mm) Escrowed Shares (mm) FD Shares (mm) Market Capitalization (mm) 52 Week High/Low Cash FD (mm) TSXV:WDG $3.35
48.0
9.0
1.9
2.1
60.9
$130.5
$3.35-$0.08
~$14
Contact Information
Vancouver Office
1100 Melville Street, Suite 1160 Vancouver, British Columbia V6E 4A6 Phone: (604) 676 4133 Fax: (604) 676 4134
Alex Helmel
Chief Executive Officer
Toronto Office
277 Lakeshore Road East, Suite 403 Oakville, Ontario L6J 1H9 Phone: (905) 844 1456 Fax: (905) 844 8949
Duane Parnham
Executive Chairman
Creating Shareholder Value in South Africa and Canada
Unlocking Value in the Limpopo Provence Duane Parnham, Executive Chairman