COMPANY PRESENTATION INVESTOR PRESENTATION December 2014 - - PowerPoint PPT Presentation

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COMPANY PRESENTATION INVESTOR PRESENTATION December 2014 - - PowerPoint PPT Presentation

COMPANY PRESENTATION INVESTOR PRESENTATION December 2014 DISCLAIMER Disclaimer TRANSATLANTIC Mining Corp (TRANSATLANTIC or The Company) has prepared this presentation based on the information available to it. No representation


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COMPANY PRESENTATION

INVESTOR PRESENTATION

December 2014

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DISCLAIMER

Disclaimer – TRANSATLANTIC Mining Corp (“TRANSATLANTIC” or “The Company”) has prepared this presentation based on the information available to it. No representation or warranty, expressed or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of TRANSATLANTIC, its directors, employees or agents, advisers, nor any other person accepts liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it. This presentation contains general and background information about TRANSATLANTIC’s activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise all the information that an investor should consider when making an investment decision. The information is provided in summary form, has not been independently verified, and should not be considered to be comprehensive or complete. It should be read solely in conjunction with the oral briefing provided by Transatlantic and all other documents provided to you by TRANSATLANTIC. All dollar terms expressed in this presentation are in US Dollars unless otherwise stated. Certain historical and technical information provided herein is given in reliance on outside sources that Transatlantic considers to be reliable. However, no guarantee is given as to the accuracy of any such information. No Offer – This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis of any contract of commitment whatsoever. Forward looking statements – This presentation may contain forward looking statements that are subject to risk factors associated with mining and production

  • businesses. Forward-looking statements, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an

indication or guarantee of future performance and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of TRANSATLANTIC. No investment advice - This presentation is not a financial product, investment advice or a recommendation to acquire TRANSATLANTIC securities and has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making and investment decision prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. Transatlantic is not licensed to provide financial product advice in respect of its securities or any other financial products. Information in this Presentation remains subject to change without notice.

2 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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PRESENTATION CONTENT

  • 1. COMPANY OVERVIEW
  • 2. METAL PRICES
  • 3. MONITOR COPPER – GOLD PROJECT
  • 4. GNAWEEDA GOLD PROJECT

TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER 3

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  • 1. COMPANY OVERVIEW

Transatlantic Mining Corp.

 Transatlantic is an emerging metals

explorer focused on high margin metal deposits

 Shareholder value is driven through

development and efficient expansion

  • f existing assets into a safe and

profitable mining case

4 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 1. COMPANY OVERVIEW

Share Structure

70% 30%

5 Shares on Issue 78,950,322 Warrants on Issue (exercisable at $0.15 in late 2015) 22,096,665 Options on Issue 4,686,000 Cash incoming to TCO CND $1,000,000

Transatlantic Mining Corporation’s top 10 shareholders own 70% of the Company

80%

Board of Directors TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER Top 3 Shareholders

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  • 1. COMPANY OVERVIEW

Board of Directors

Bernie Sostak – Chairman

is a geologist and mining professional with over 25 years experience in the mining industry. Mr. Sostak was formerly the General Manager of Business Development and Technical Services for ASX listed Northern Star Resources. During that time was responsible for growing the company and teaming to acquire 4 new mines. Prior to this role, he was the Director of Resource and Reserve Strategy for Barrick Gold Corporation for 28 mines and 12 projects globally. His experience includes exploration, mine geology, resource estimations, mine planning, feasibilities, operations and executive management.

Rob Tindall – CEO

has over 20 years of experience in the finance industry. Prior to joining FSS Advisory in 2011, Rob was previously an Executive Planner for Westpac Private Bank in Australia. In the role he spent 7 years managing and developing a private client portfolio with over $500m under

  • management. Rob holds a Bachelor of Arts degree and a Master of Taxation degree. Rob is Head of Corporate, a Director, Responsible

Manager and shareholder of FSS Advisory. Rob is currently involved in mining and petroleum exploration companies including the following: Chairman, Merri Creek Mining, a production gold mine operating in Kaindi at Wau in the Morobe Province. Chairman, Kengaku Petroleum, with Petroleum Prospecting Licenses in the Onshore Papuan Basin.

Steve Hodgson – Non Executive Director

is currently the Director, Sales & Marketing at Rusal. In his previous role Mr Hodgson was CEO and President of the Bauxite and Alumina Division of Rio Tinto Alcan. During this period he also held the post of President of the Australian Aluminium Council. Prior to this, he was the Managing Director of Rio Tinto's Diamond Division. Steve Hodgson holds an honours degree from the School of Engineering, Auckland University, New Zealand.

6 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 1. COMPANY OVERVIEW

Excellent Mining District

The company was originally Archean Star (ASP.TV) and listed on the TSX Venture Exchange in 2011

The current assets include:

Cash receivable $1.1M

Gnaweeda – sale agreement executed $500,000 AUD payable

Monitor and Richmond tenements

Balance sheet post raising, Gnaweeda settlement and cash received

Monitor / Richmond tenements

Cash on hand $3,250,000

No debt

Why Idaho? – A World Class mining state and community

Major infrastructure including airports, highway, rail & water

Milling and Smelters options = low CAPEX Operations 7 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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PRESENTATION CONTENT

  • 1. COMPANY OVERVIEW
  • 2. METAL PRICES
  • 3. MONITOR COPPER – GOLD PROJECT
  • 4. GNAWEEDA GOLD PROJECT

TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER 8

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  • 2. Metal Prices

Copper

9 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

Copper Price Forecast (per pound):

3 3.05 3.1 3.15 3.2 3.25 3.3 2015 2016 Beyond 2016 Average Natixis PWC World Bank London Metal Exange

London Metal Exchange World Bank PWC Natixis Average 2015 $3.15 $3.17 $3.11 $3.16 $3.14 2016 $3.28 $3.16 $3.15 $3.25 $3.21 Beyond 2016

  • $3.15

$3.12

  • $3.13
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  • 2. Metal Prices

Silver & Gold

10 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

BMO Natixis PWC Citi Research Average 2015 $17.50 $15.80 $21.00 $18.70 $18.25 2016 $19.50 $16.10 $21.28 $20.00 $19.22 Beyond 2016

  • $22.03
  • $22.03

Sliver Price Forecast (per ounce):

5 10 15 20 25 2015 2016 Beyond 2016 Average Citi Research PWC Natixis BMO

BMO Natixis PWC Citi Research Average 2015 $1,190 $1,170 $1,266 $1,225 $1,212 2016 $1,238 $1,180 $1,280 $1,300 $1,249 Beyond 2016

  • $1,284
  • $1,284

1,100 1,150 1,200 1,250 1,300 1,350 2015 2016 Beyond 2016 Average Citi Research PWC Natixis BMO

Gold Price Forecast (per ounce):

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  • 2. Metal Prices

Zinc & Lead

11 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

Zinc Price Forecast (per ounce): Lead Price Forecast (per ounce):

London M/E Scotiabank Natixis Danske Bank Average 2015 $1.10 $1.25 $1.12 $1.12 $1.14 2016 $1.18 $1.65 $1.09

  • $1.30

Beyond 2016

  • 0.5

1 1.5 2 2015 2016 Beyond 2016 Average Danske Bank Natixis Scotiabank London Metal Exchange

London M/E Natixis Statista Global Research Average 2015 $1.04 $1.12 $1.10 $1.15 $1.10 2016 $1.11 $1.09 $1.12 $1.22 $1.13 Beyond 2016

  • $1.13
  • $1.13

0.9 1 1.1 1.2 1.3 2015 2016 Beyond 2016 Average Global Research Statista Natixis London Metal Exchange

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PRESENTATION CONTENT

  • 1. COMPANY OVERVIEW
  • 2. METAL PRICES
  • 3. MONITOR COPPER – GOLD PROJECT
  • 4. GNAWEEDA GOLD PROJECT

12 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

High Grade Copper-Gold Project – Idaho U.S.A.

SILVER VALLEY - Monitor 48km SE Wallace

 Value producing District  Underexplored Monitor Opportunities

13 Region produced:

Silver +1.2 Billion ounces Lead 8.3 Million tons Zinc 3.3 Million tons Copper 207,000 tons Gold 529,000 ounces

Located in the Coeur d’Alene Mining District, Idaho.

TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

High Grade Copper-Gold Project

 No Modern drilling and forgotten high grade producer  Veins developed with historical mining

14 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

High Grade Copper-Gold Project

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World Class Mining District

 Monitor is located along the eastern extension of the Coeur d’Alene Mining District, which has produced +1.2 Billion ounces of Ag, 8.3 Million tons of Pb, 3.3 million tons of Zn, 207,000 tons of Cu and 529,000 ounces of Au.  The Coeur d’Alene District is the second largest producer of silver in the world (Mauk and White, 2004) following Potosi in Bolivia.

Regional Geology

 All significant ore deposits in the district lie within twelve well-defined, sub- parallel mineral belts, some are base metal rich, others contain more silver.  The 8km long ‘Silver Belt’ is located south of the Osburn Fault and contains numerous Ag-rich mines, including the Crescent, Sunshine, Consolidated Silver, Coeur and Galena within a intercalated sediment package .  The silver belt is flanked to the west by the Pb-Zn Bunker Hill Mine, and to the east where the veins are Cu-base metal rich.  The recent increase in base metal prices has resulted in new exploration for the Cu-Au potential in the eastern veins. TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

Historical Development

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History

 The Monitor Mine was discovered in 1891 and mined until the Great Fire of 1910 which destroyed all the above ground infrastructure.  Full production ceased after the fire of 1910 and the property remained dormant.  In the late 1920s a 4000 foot crosscut drift was constructed to intersect the main Monitor Vein at a deeper level than the existing 700 foot Monitor Shaft.  When the Great Depression hit everything stopped and again remained dormant and non-productive, until now.

Dimensions

 Monitor Known Strike = 4,500 feet  Known Depth = 1,800 feet  Historic Widths = 10-30 feet

Copper Veins

 The Monitor vein is considered the primary production target on the Monitor

  • property. The dominant Monitor Vein is measured at ~10-30 feet in width.

 Historical adits allow access to lower portions of the Monitor Vein as well as adjacent sub parallel structures. This access during construction will significantly reduce potential capital expenditure and mine development. TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

Exceptional Historic Grades

Located at the east end of the Couer d’Alene mining district, Monitor consists of four historical copper mines: Monitor, Richmond, St Lawrence & Copper Age.

 Monitor’s average grade of historical reported

Copper produced was 15%Cu with highest reported grade 30.5%Cu

  • Historical associated metals accompanying the

copper are: gold 7.2g/t & silver 22.5g/t

 Richmond average grade of historically reported

Cu produced was 7.5% Cu

  • Historical minor metals averages accompanying

the copper are: gold 3-10g/t & silver + 30g/t

 The predominant sulphide species is chalcopyrite

and pyrite

17 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

Planned Exploration

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Surface Drilling

 Transatlantic is planning a 10 hole surface exploration drill program ( approx 30,000 ft) and access to the Monitor adit.  The surface drill program is designed to explore for sulphide ore shoots along strike and down plunge of the known high-grade veins.  The drill program has been prepared and is now permitted.  Drilling to commence in July 2015 quarter

Underground Exploration

 Examination of the tunnel by Transatlantic geologists in 2013 indicates it is structurally sound 4000 feet from the current portal entrance .  Rehabilitation of the underground workings will permit cost-effective exploration

  • f veins from underground in order to delineate a measured and indicated

resource, and expedite development to reserves.  Transatlantic also plans an aggressive exploration program to develop and test

  • ther satellite targets at the Monitor property.

TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

Exploration to Operation Strategy

Monitor Mine

2014 2015 2016

Sept Oct Nov Dec March June Sept Dec March June Sept Dec Receive Phase 1 Permit Phase 1 Surface Drilling Brushy Creek Surface Drill Permitting Brushy Creek Surface Drilling Permitting - Adair Tunnel Rehab / Explore / Drilling Adair UG Exploration Permitting - Richmond Tunnel / Rehab Richmond UG Exploration Monitor Mapping Brushy Creek Surface Sampling / Mapping

19 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

Historic Monitor Workings

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  • 3. MONITOR COPPER – GOLD PROJECT

Surface Drill Hole Proposal

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  • 3. MONITOR COPPER – GOLD PROJECT

Proposed Richmond Underground Drilling

22 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 3. MONITOR COPPER – GOLD PROJECT

Global Grade Comparison

Significance of Monitor Copper Grades

 Average global head grades 0.7% Cu  Down from 1.1% Cu 15 years ago  World’s highest grade copper mines range from 3-5% Cu 23 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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PRESENTATION CONTENT

  • 1. COMPANY OVERVIEW
  • 2. METAL PRICES
  • 3. MONITOR COPPER – GOLD PROJECT
  • 4. GNAWEEDA GOLD PROJECT

24 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 4. GNAWEEDA GOLD PROJECT – AUSTRALIA

Sale Agreement

25 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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  • 4. GNAWEEDA GOLD PROJECT – AUSTRALIA

Sale Agreement

TCO has signed a binding agreement with Doray Minerals (ASX.DRM) to sell its interest in the Gnaweeda Gold Tenements in Australia – subject to relevant TSX.V and shareholder approvals – under the following terms and conditions:

 Doray will pay to TCO AUD 500,000 - upon completion of the Sale and

TSX approval

 Doray will pay to TCO a further AUD 500,000 - upon the declaration of

a JORC-Compliant Mineral Resource in excess of 150,000 ounces

 Doray will pay to TCO Milestone payments, each of AUD 250,000 -

upon production increments of 50,000 ounces from the project up to a maximum of AUD 1 Million

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SUMMARY

SUMMARY

27 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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CAPITAL RAISING

MONITOR DRILLING AND NEW PROJECTS

28 TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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MONITOR DRILLING AND NEW PROJECTS

Funding Sources and Uses

29 Sources Description Proposed Equity Raising

 One tranche private placement (“Placement”) to qualified and sophisticated institutional investors to

raise ~CAD$4 million at 10c

 1st Tranche equates to approximately 35 % of company

Funding Sources Funding Uses Cash on receivable(1) ~C$1.5M Exploration drilling CAD $1M Proposed Equity Raising ~C$4 .0M Working Capital ~CAD$4M Total Sources ~C$5.5 M Total Uses ~CAD$5M

(1) Assumed cash balance as at September 30 2014 and incoming funds from Gnaweeda and Ansongo

TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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MONITOR DRILLING AND NEW PROJECTS

Capital Raising Overview

30 Capital Raising Structure

 ~$4 million via a Private Placement

Attractive Discount

 Placement price of A$0.10 per Transatlantic share, which represents a

25% discount to the last closing share price of A$0.125 per share Director Participation

 Transatlantic directors intend to participate in the Placement

TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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MONITOR DRILLING AND NEW PROJECTS

Indicative Capital Raising Timetable

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Event Date

 Trading Halt and termination of Ansongo Acquisition

Pre-market Wednesday, 10 December 2014

 Placement bookbuild opens

Thursday, 11 December 2014

 Placement bookbuild closes

Friday, 6 February 2015

 Settlement of Placement

Thursday, 12 February 2015

 Allotment and normal trading of Placement shares

Friday, 27 February 2015

TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER

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800-1199 West Hastings Street Vancouver BC V6E 3T5 T: 604-424 8257 F: 604-357 1139 WWW: transatlanticmining.com E-mail: info@transatlanticmining.com

TRANSATLANTIC MINING - AN EMERGING METALS EXPLORER & DEVELOPER