ADVANCE GOLD
Corp Developing a Silver Mining Company in Mexico
TSX-V: AAX
February 2018
ADVANCE GOLD Corp Cautionary Statement on Forward Looking - - PowerPoint PPT Presentation
Developing a Silver Mining Company in Mexico Corporate Presentation February 2018 TSX-V: AAX ADVANCE GOLD Corp Cautionary Statement on Forward Looking Statements During the course of this presentation, Advance Gold Corp. may make
February 2018
During the course of this presentation, Advance Gold Corp. may make forward-looking statements with regard to the company’s projects and or business plans. Statements may also be made with regard to the company’s business strategy, products, partners, and market position which could be construed as forward-looking. Forward-looking statements are subject to risk and uncertainties that could cause results to be materially different than expectations. This company presentation has been prepared by the management of Advance Gold Corp, using their best efforts to realistically and factually present the information contained and does not represent a recommendation to buy or sell these securities. Investors should always consult their investment advisors prior to making any Investment decision. Data presented here that is historical in nature will be classified as such. Advance Gold Corp cannot warrant the information contained to be exhaustive, complete
evaluation only. It is understood that all historical information is not NI 43-101 compliant and has not been verified by a qualified person.
TSX-V:AAX Shares Issued and Outstanding: 14,656,338 Warrants Outstanding: 3,166,667 Options Outstanding: 575,000
Tabasquena Silver Project Kagamega Gold Project
El Tesorito Silver Mine Tabasquena Silver Mine
Milagros Silver Tabasquena Silver Mine Ojocaliente 11 kms
Regional Geology Detailed Project Geology
Induced Polarization - Chargeability Apparent Resistivity - ohm-m
Ore Material Oxides and Sulfides Tabasquena Mine Metallurgical Results Tabasquena Ore Tabasquena Vein - Level 2059
Kakamega Project - Liranda Corridor Trend Project History Gold mining in the region started in 1935 when a company, Rosterman Gold Mines (Advance Gold Corp Special license SL 267), was incorporated and licensed to prospect for and mine gold a few kilometres from Kakamega town. Rosterman mined gold for 17 years, until 1952. In that period, it had milled about 655,000 tonnes of ore and produced 259,142 ounces of gold.
Acacia Mining plc - Liranda Corridor Trend
“One of the highest grade projects in Africa” Acacia Mining plc, Bank of America Merrill Lynch Global Metals and Mining Conference, May, 2017 In February 2017 Acacia announced the maiden NI 43-101 compliant Inferred Mineral Resource Estimate (MRE) on the Liranda Corridor, within its West Kenya Project. The Inferred MRE of 3.46 million tonnes at 12.1 grams per tonne for 1.31 million ounces is primarily located
The total drilling on Liranda Corridor targets since 2014 amounts to 44 Reverse Circulation holes for 4,438 metres and 132 diamond core holes for 64,700 metres.
Advance Gold Corp - Kakamega Gold Project Project Overview
Advance Gold Corp currently holds a 13.5% interest in a joint venture with Acacia Mining plc (Barrick Gold holds a 63.9% equity interest in Acacia) on three mineral leases in southwest corner of Kenya, near the border with Uganda. They are located along the Buisa Kagamega - Greenstone Belt. This is a highly prospective area which has seen extensive small scale mining. The principal assets of the JV with Acacia Mining are three Special Licenses (SL-265 Bukura, SL- 266 Sigalagala and SL-267 Rosterman). Since 2013 Acacia Mining have spent $US 41 million in the area and have recently announced an inferred resource of 3.46 million tonnes at 12.1 g/t Au on an area contiguous to Advance Gold’s licenses. Acacia plan on spending a further $US 6.4 million in the area in 2018 (Acacia Mining-Preliminary Results Review, February 2018). In the past Advance Gold has elected not to participate in the funding of the project and has been diluted down to the current 13.5%. If Advance Gold decides not to participate during 2018 then the current 13.5% interest will convert to a uncapped 3% royalty.
Kakamega Project - Liranda Corridor Trend
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This trend runs through two of Advance Gold Special Licenses, namely SL265 and
gold-in-soil anomalies identified significant gold mineralization. Hole KDAC0152 on SL266 returned 6 metres at 30.9 g/t Au.
The Busia Kakamega - Greenstone Belt displays a similar stratigraphy to the Lake Victoria Greenstone belts in Tanzania and other world class greenstone belts globally, such as the Abitibi in Canada. The license areas have more than 250 recorded artisanal and colonial gold prospects, with recorded historical production
Acacia Mining plc - Recent drill results - Liranda Corridor Trend
Advance Gold Licenses
Allan Barry Laboucan President, Chief Executive Officer and Director Allan is a First Nations mining entrepreneur that started working in the mining sector in 1993 as consultant in investor relations, strategic planning and digital marketing. During his career he has worked with some of the most talented people in geosciences that have mentored him throughout his career. In 2005, Allan founded Allan Barry Reports. His reports are highly respected with some of the top talent in the sector appearing as guests on his online shows broadcast on his website. Advance Gold will benefit from his experience and network of professionals in the mining sector, as well as a broad network of retail to institutional investors following his work, as it moves through a strategic phase for the Company's growth prospects in precious metals James T. Gillis Chairman of the Board of Directors Since 1985 Mr. Gillis has been the President of James T. Gillis Management Co. Inc., a private company which provides management services to public companies. He is the past President of Cassidy Gold Corp. Emily Hanson, M.Sc, P.Geo VP Exploration & Director Emily Hanson graduated with a BSc in Earth and Ocean Sciences from the University of British Columbia in 2004, followed by an MSc in Economic Geology from Rhodes University, South Africa in 2006. She is a registered professional geoscientist with APEGBC and NAPEG. Jeffrey Scott Ackert, P.Geo. Director
Mali, Niger and Ghana in West Africa, and Tanzania and Kenya in East Africa. He has worked for several majors, including six years as a mine geologist at Barrick's Golden Patricia mine in Northern Ontario. Mr. Ackert is President and CEO of Carube Copper Corp. and has previously held the positions of Vice-President of Exploration and Vice-President Technical Services for Orezone Resources Inc. until that company's sale to IAMGOLD
Ali Afif Fawaz Director
Company Ltd., a company providing clearing and freight forwarding liaison services to associated entities in the Democratic Republic of Congo. Is a consultant to the mining industry in Tanzania. Mr. Fawaz is fluent in English, French, Arabic and Kiswahili Duke Greenstein Independent Director Duke Greenstein is a businessman with extensive experience in management of complex manufacturing systems for some of the most well-known consumer
advance our projects. Guido "Guy" Edward M. Pas Position: Advisor Guido ('Guy') Pas is a Belgian financier based in Geneva with 40 yrs of experience in finance, mining and exploration. He has been involved in numerous start- up and early-stage resource ventures. In 1989, as Director of Addax & Oryx he co-founded and was the chairman of Samax Resources Ltd, which enjoyed 2 major gold mine discoveries in Tanzania. Marie Cupello Chief Financial Officer, Corporate Secretary
company, a non-profit society, among others. For the past ten years she has been head of the accounting department for a number of private companies and several publicly listed companies.