www.rogueresources.ca November 2014 June 2014
Transcription
www.rogueresources.ca November 2014 June 2014
November June 2014 2014 www.rogueresources.ca Forward Looking Statements No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained on this presentation. This presentation contains "forward-looking information" concerning Integra Gold Corp.’s (“Integra“ or the “Company”) future financial or operating performance and other statements that express management's expectations or estimates of future developments, circumstances or results. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “seeks”, "believes", "anticipates", "plans", “continues”, "budget", "scheduled", "estimates", "expects", "forecasts", "intends", “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results "may", "will", "could", "would", “should” or "might" "be taken", "occur" or "be achieved". Forward-looking statements included in this presentation include statements regarding potential mineralization and mineral resources, the proposed mining scenario for the Lamaque Gold Project, including information with respect to the supporting infrastructure, the potential life of mine, rates of employment and the effects of steps taken to mitigate local impacts and the expected completion dates of exploration and drilling, exploration results, estimated and future exploration and administration expenditures, the completion of scoping studies, preliminary economic assessment, pre-feasibility or feasibility studies, and future plans and objectives of Integra. While all forward-looking statements involve various risks and uncertainties, these statements are based on certain assumptions that management of Integra believes are reasonable, including that it will be able to obtain financing and on reasonable terms, that its current exploration and other objectives can be achieved, that its exploration and other activities will proceed as expected, that its community and environmental impact procedures will work as anticipated, that general business and economic conditions will not change in a material adverse manner, that Integra will not experience any material accident, labour dispute or failure or shortage of equipment, and that all necessary government approvals for its planned exploration and potential development activities will be obtained in a timely manner and on acceptable terms. There can be no assurance that the forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Integra’s expectations include, among others, the actual results of current exploration activities being different than those anticipated by Integra, changes in project parameters as plans continue to be refined, changes in estimated mineral resources, future prices of metals, increased costs of labor, equipment or materials, availability of equipment, failure of equipment to operate as anticipated, accidents, effects of weather and other natural phenomena, risks related to community relations and activities of stakeholders, and delays in obtaining governmental approvals or financing. Although Integra has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Integra does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information or statements whether as a result of new information, future events or otherwise, except as required by law. The Rogue Advantage Silica Lac de la Grosse Québec Gold The East-West Property Val-d’Or, Québec Projects Management Exposure to multiple commodities and advanced gold and base metal projects in safe jurisdictions An experienced team with a track-record of creating value from the earliest stages of a Company’s growth cycle Nickel The Langmuir Property Timmins, Ontario Structure Iron Ore Radio Hill Timmins, Ontario Clean, tightly held share structure with 47.4 M shares outstanding Strategy Leverage of previous success in a proven district to unlock value in heavily discounted assets in a distressed resource market A New Focus: Quebec Leveraging the support of Integra Gold Corp’s proven technical team, Rogue Resources’ aims to become a major player in Quebec’s Valley of Gold, Val-d’Or. The Val-d’Or (“Valley of Gold”) district in the Province of Québec and the surrounding Cadillac and Malartic camps have produced over 45 million gold ounces since the 1930s The Abitibi greenstone belt is one of the most prolific gold mining districts in the world Silica and Québec Spanish based Grupo FerroAtlantica, one of the largest silicon metal producers in the World, has announced plans for a $382 million silicon metal plan in Port-Cartier, QC. The Port-Cartier Plant will be operational in 2017 and produce 100,000 tons of silicon metal annually High purity quartz typically contains Silica with minimal impurities, typically less than 1%. This type of silica is a key component in high-tech manufacturing, including production of solar panels, semiconductors, LCD displays, lithium batteries, etc. The demand for high purity silica has increased significantly as a result of these applications. Lac de la Grosse The Lac de la Grosse Property is less than 400 km from the proposed Grupo FerroAtlantica Silica Mill Proposed Grupo FerroAtlantica Mill Lac de la Grosse Femelle Silica Property Kipawa Property The project is adjacent to the producing Mine Sitec Mine which has been operational for more than 50 years and produces 250,000 tonnes annually. Substantial infrastructure exists in the surrounding area, including multiple transportation options and a skilled labor force in nearby Quebec City. Silica Properties Lac de la Grosse, St. Urbain, QC • The majority of the silica mineralization in the area is over 99.9% SiO2 (silicon dioxide), ideal for hightech industrial use • Previous geological work conducted, including minimal drilling, sampling and testing. • Multiple outcroppings of quartzite exist on site • Property consists of 8 claims totaling 463 hectares • Situated less than 400 km West from the proposed FerroAtlantic silicon plant • Excellent infrastructure, only 42 km North of BaieSaint-Paul on the St. Lawrence River • Located in the Province of Quebec, voted one of the best mining jurisdictions in the World • Lac de la Grosse is adjacent to Mine Sitec, a silica mine that has been in production for over 50 years The Company is in the process of finalizing a NI 43-101 Technical Report on the Property The East-West Property The East-West Property, optioned from Knick Exploration in 2014, is located 11 km West of Val d’Or, Québec on the Eastern Portion of the prolific Abitibi Gold Trend The East-West Property Near Surface Mineralization High grade mineralization at the East-West Project comes to surface, and has never been adequately tested below 200 meters Recent geophysical work, mechanical stripping and sampling data will be used to identify potential high-grade drill targets. Defining the Resource • More than $4 M has been spent on mapping near surface anomalies and shallow drilling • Narrow vein, high-grade system discovered at the East-West Property is similar to major deposits in the Val d’Or Camp which have shown to increase in grade and size at depth • Mineralization identified as similar to original Sigma Mine showings (4.5 million ounces of Gold produced to a depth of 2,000 m) • Near surface drill highlights include: Hole Number From (m) To (m) Width (m) Au (g/t) CD-55 143.6 146.8 3.20 72.44 CD-78 125.3 129.4 3.97 84.48 CD-156 199.0 201.2 2.14 123.96 LE0-09-10 107.70 107.80 0.10 1154.67 LE0-09-33 10.55 12.00 1.45 10.08 The East-West Property Plan • NI 43-101 Technical Report was completed on the Project in June, 2013. • Recommendations from this Report Include: Phase I: • Complete 3D Model of the Geology and Mineralized Zones • Commence an 8,000 m drill program on the West zone and a 12,000 m drill program on the Raven zone to a minimum depth of 1,000 m Phase II: • Decrease drill spacings at zones identified as high potential during Phase I drill program • Complete updated NI 43-101 Resource Estimate Langmuir Nickel Project, Ontario Timmins Archean Nickel District • The Timmins nickel belt is located within an area of excellent infrastructure, including roads and power • The Timmins mining camp provides access to necessary equipment and experienced miners • The Redstone Nickel Mill/Concentrator re-opened for toll milling in March 2014, providing a milling solution within 3km of the property Resource Estimate for W4 Deposit Category Quantity Grade Nickel % Copper % 590,000 125,000 0.99 0.88 0.06 0.06 12,816 2,437 840 157 87,000 46,000 1.04 0.91 0.08 0.05 1,997 923 149 53 677,000 171,000 1.00 0.89 0.06 0.06 14,813 3,360 989 210 Tonnes Open Pit Indicated Inferred Underground Indicated Inferred Combined Indicated Inferred Metal Nickel lbs (000's) Copper lbs (000's) Source: NI 43-101 Compliant Mineral Resource Evaluation, Langmuir W4 Project, Ontario, Canada, prepared by SRK Consulting Inc., dated June 28, 2010. Deposit Highlights: • • • • $7.5M spent, over 18 million pounds of nickel defined Over 80 holes drilled on deposit Fully operational nickel mill within 3 km Upside potential exists in deep geophysical targets not fully tested with diamond drilling Open Pit Model An Open Pit, 3D Conceptual Model was built for the Langmuir Nickel Deposit, reducing future timelines for any potential production scenarios Source: NI 43-101 Compliant Mineral Resource Evaluation, Langmuir W4 Project, Ontario, Canada, prepared by SRK Consulting Inc., dated June 28, 2010 Radio Hill Iron Ore Project, Ontario Access to Transportation In 1964, the Radio Hill Project was preparing for full production only to be stopped by low iron ore prices. Located on the CN Mainline track system with a rail roadbed to the site already in place, iron ore could be efficiently transported to a variety of major processing hubs. Airborne Geophysics • Extensive drilling has been carried out on the project, including 140 Drill Holes into anomalies at Radio Hill • The potential for resources expansion exists at the 12 km long Nat River Formation. To date, only 6 drill holes have been completed on this formation Magnetic-VTEM survey 742 line km and covered 50 km2 with a line spacing of 75 m Geotech, 2008 1960’s Bulk Sample Product The Radio Hill deposit provides a unique situation in that it has already been tested through to the feasibility stage. The accompanying chart is from the feasibility studied conducted in 1965 by FENCO showing positive values allowing for the commercial production of iron ore pellets. Concentrate percentages above 65% are generally viewed very positively. The table also shows low values for deleterious Soluble Iron elements such as phosphate and manganese, metals also appear very low. Historical data presented here is for information purposes only. The compilation of this data occurred before the implementation of National Instrument 43-101. A qualified person has not done sufficient work to date to determine the validity of these historic results and therefore these results should not be relied upon Magnetic E-type Concentrate (%) Pellets from Etype Conc. (%) Magnetic E&F Concentrate (%) 65.83 64.28 68.3 Total Iron 66.09 64.4 68.38 Ferrous Iron True Silica Total Phosphorous 20.52 7.77 1.29 7.55 21.51 4.09 0.014 0.014 0.018 Manganese Alumina Fusion CaO Fusion MgO Sulfur LOI Moisture Copper Nickel Vanadium Titanium Arsenic Lead Zinc 0.04 0.4 0.04 0.09 0.015 2.85 (gain) 10 Nil Nil Nil Nil Nil Nil nil 0.04 0.5 0.04 0.1 0.003 0.63 (gain) 0.04 Nil Nil Nil Nil Nil Nil Nil 0.06 0.22 0.07 0.1 0.064 2.24 (gain) n.r. Nil Nil Nil Less than 0.01 Less than 0.01 Less than 0.01 Less than 0.01 Corporate Structure Capitalization As of October 31, 2014 Share Price Market Capitalization Shares Structure (all figures in millions) Basic Shares Outstanding Options Warrants Fully Diluted Shares Outstanding 52 Week Trading Range Investor Relations Mario Drolet Mi3 Communications T: 514-904-1333 E: [email protected] $0.05 ~$2.4 million 47.4 1.3 19.2 67.9 $0.19 - $0.05 Rogue Growth Strategy Q4 2014: • • • • • Lac de la Grosse – Develop an exploration plan based on the recommendations of the pending NI 43-101 Technical Report East-West Project: – Complete digitization of existing drill data and identify new drill targets Complete sale of Timmins real estate asset ($900,000) Complete project summary, internal economic evaluation, budget and recommendations (sale, JV, metallurgy) for Radio Hill Iron Project Commence 3,000 to 5,000 meter drill program at East-West Project Q1 2015: • • Conduct geological and economic review of Langmuir Nickel project to determine steps required to advance project Perform limited additional drilling on the Radio Hill Iron Ore project and metallurgical testing allowing the company to complete its NI 43-101 compliant resource report. Ongoing: • • Evaluation and potential acquisition of advanced stage Québec asset(s) Assess long-term value of Bathurst VMS Project Management Team John de Jong, President, CEO and Director Mr. de Jong’s career in mining has included overseeing mining, milling and exploration projects in Québec, British Columbia and the Yukon for several companies in the capacity of Project Manager and/or CEO. Mr. de Jong is the former CEO and President of Integra Gold Corp. and has also worked as a management consultant advising TSX-V listed companies in areas of business and corporate development and as director for a number of junior mining companies. George Hudak, Ph.D., PGeo, Advisor George Hudak, is an Associate Director, Precambrian Research Center, Natural Resources Research Institute, University of Minnesota Duluth and has for over 25 years' experience investigating base metal and precious metal mineral deposits in Neoarchean-age Precambrian volcanic belts across Minnesota and Ontario. Dr. Hudak is an internationally recognized expert on the relationships between volcanic processes and the genesis of volcanicassociated hydrothermal mineral deposits, in particular, volcanogenic massive sulfide deposits. Dr. Hudak currently sits on the Board of Directors for the Institute on Lake Superior Geology, the Board of Directors for the Minnesota Center for Mineral Resource Education, and is a Mentor for the Society of Economic Geologists. He is a Registered Professional Geologist in Minnesota and Wisconsin, and holds a Prospector's License in Ontario. Gordana Scekic, BSc, CGA, CFO Ms. Scekic is a Certified General Accountant with a Bachelor of Science in Economics who has worked exclusively in the mineral exploration industry since 2005. Ms. Scekic has an extensive and diverse professional background in financial reporting, analysis, and budgeting, as well as establishing and supervising accounting departments. She has worked in the financial field as an Investment officer, Chief of a Financial Department, and Chief Accountant. Currently, Ms. Scekic works as a Senior Accountant for several publically traded mineral exploration companies. Stephen de Jong, Bcomm, Director Mr. de Jong has held several senior management and advisory positions in publically listed Canadian mineral exploration companies successfully leading their recapitalization and restructuring programs. As CEO and President of Integra Gold Corp., Mr. de Jong continues to prove his ability to finance mineral exploration through periods of weak metal prices and low investor sentiment. He is recognized by Canadian and overseas financial sectors and junior and senior mining executives as a person with integrity, superior management skills, and one who can attract and build a strong and capable team Mr. de Jong holds a Bachelor of Commerce degree from Royal Roads University and is also a Director of Rapier Gold Inc. Peter Campbell, P. Eng, Director Mr. Peter S. Campbell, P.Eng is Chairman, Managing Director and Head of Research at Jennings Capital Inc., Research Division. He has 25 years’ experience in the mining and geology business as a professional Mining Engineer with an in-depth global mining background, strong technical expertise and proven project management ... experience. Mr. Campbell’s experience encompasses the complete spectrum of project stages from grass roots and advanced exploration through to feasibility and mine production. He has a strong interest in financial modelling, portfolio risk management, project valuation, and capital investment decisions. Mr. Campbell was an Exploration Manager at Xstrata, where he worked on various aspects of world-wide exploration projects involving exploration for Ni, Cu, and Cu-Zn deposits.
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