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G O L D C O R P Corporate Presentation May 2018 FORWARD LOOKING STATEMENTS This presentation contains forward-looking information under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements


  1. G O L D C O R P Corporate Presentation May 2018

  2. FORWARD LOOKING STATEMENTS This presentation contains forward-looking information under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to completion of any financings; Harte Gold’s development potential and timetable of its operating, development and exploration assets; Harte Gold’s ability t o raise additional funds necessary; the future price of gold; the estimation of mineral reserves and mineral resources; conclusions of economic evaluation; the realization of mineral reserve estimates; the timing and amount of estimated future production, development and exploration; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental and permitting risks. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". All information contained in this news release, other than statements of current and historical fact, is forward looking information. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Harte Gold to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks described in the annual information form of Harte Gold and in its public documents filed on SEDAR from time to time. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Although management of Harte Gold has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, 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. Harte Gold does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. Readers should also review the risks and uncertainties sections of Harte Gold’s annual and interim MD&As. All figures in CAD, unless otherwise noted Figures in USD were converted at CAD/USD 0.8000 All tonnages in metric, unless otherwise noted TSX: HRT 2

  3. COMPANY SNAPSHOT CORPORATE STRUCTURE INSTITUTIONAL SUPPORT Headquartered: Analyst Following: Toronto, Ontario, Canada Symbol: HRT: TSX H4O: FRANKFURT HRTFF: OTC Major Shareholders 1 : 19.9% Market Cap: 7.2% C$240 million (C$0.42 May 4 th ) 2.1% 0.9% Shares Outstanding: 572 million (Basic) Debt Financing For Up To US$70 Million: 637 million (Fully Diluted) US$50 million Head Office (Toronto) US$20 million TSX: HRT 3

  4. MILESTONES FOR 2018 HARTE GOLD HAS DELIVERED ON ALL TARGETS TO-DATE  Resource update: tripled resource  Comprehensive debt financing package for up to US$70 million  PEA: $425 million pre-tax NPV 5% at US$1,350/oz, 60% pre-tax IRR 1  IBA signed with Pic Mobert First Nation (PMFN)  Full permitting expected: June 2018  Production starting: July 2018 1) 5% discount rate at gold price US$1,350/oz and CAD:USD 0.8000 TSX: HRT 4

  5. FULLY FUNDED TO PRODUCTION COMPREHENSIVE FINANCING PACKAGE FOR UP TO US$70 MILLION Sprott Facility  Up to US$50 million under a senior secured credit facility Appian Subordinated Loan  US$20 million loan, subordinated to Sprott facility Benefits  Flexible principal and interest schedule supports ramp-up of operations  Sufficient liquidity to protect against unforeseen downturn in commodity prices  No equity commitment  No hedging, no cashflow sweeps and no debt service reserve account  No off-take or royalty  No commitment to draw full US$70 million TSX: HRT 5

  6. PEA SUMMARY Input Unit Value Gold Price US$/oz $1,250 Exchange Rate CAD:USD 0.80 Total Tonnes Processed Tonnes 4,539,800 Average Annual Throughput (2019+) tpa 402,617 Diluted Head Grade g/t 6.5 Macro and Gold Recovery % 95.4% Physical Mine Life Years 12 Parameters Total Ounces Recovered Ounces 904,000 Average Annual Production (2019 – 2020) Ounces 54,500 Average Annual Production (2021 – 2025) Ounces 106,900 Average Annual Production (LOM) Ounces 80,700 Peak Annual Production (2024) Ounces 121,400 Mining Costs C$/tonne $90.83 Processing Costs C$/tonne $28.71 Cost Site G&A C$/tonne $8.46 Parameters Total Costs C$/tonne $128.01 Underground Development M C$ $176 Equipment M C$ $5 Capital Cost Infrastructure M C$ $24 Parameters Tailings Expansion M C$ $18 Mill Construction M C$ $59 LOM Average Cost US$/oz $507 Cash Cost LOM ASIC US$/oz $708 Summary TSX: HRT 6

  7. PHASED MINE PLAN INCREASING TO 1,400 TPD PROVIDES EARLY CASH FLOW AND LONGER TERM GROWTH Today Phase 1: 540 tpd  Low risk ramp-up to commercial production (2018 - 2019) H2 2018 H2 2019 Phase 2:  Existing surface and underground mining infrastructure is sufficient to support 800 tpd increased throughput (2020) H1 2021 Phase 3:  Throughput increased by adding second ball mill and leach circuit 1,400 tpd  Expansion to the Middle Zone allows for multiple stoping areas (2021+) TSX: HRT 7

  8. SIMPLE MINE DESIGN CONTINUOUS AND TABULAR ORE BODY SUPPORTS SIMPLE MINE DESIGN AND EXTRACTION Lower Zone Ore Face Sugar Zone Stope Design  Length: 50 m 8 Meter Width  15 m level interval (floor to floor)  Planned dilution: 11.6%  Unplanned dilution factored into the model: 26% Steeply dipping ore, 65-70 ° Middle Zone Stope Design Opened Longhole Stope  Length: 30 m  20 m level interval (floor to floor)  Planned dilution: 12.4%  Unplanned dilution factored into the model: 16%  Bulk sample and mining to-date has shown significantly less dilution Viewing stope along strike. Clean break, minimal dilution TSX: HRT 8

  9. PRODUCTION PROFILE TO +100,000 Oz/Year SCALABLE MINE PLAN DESIGNED TO MATCH UNDERGROUND DEVELOPMENT Throughput and Grade 600 10.0 Throughput (ktpa) Grade (g/t Au) 450 7.5 300 5.0 150 2.5 0.0 2018 2020 2022 2024 2026 2028 Phase 1 & 2 (800 tpd) Phase 3 (1,400 tpd) Diluted Head Grade Production Forecast 140 Production (koz Au) 120 100 80 60 40 20 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Phase 1 & 2 (800 tpd) Phase 3 (1,400 tpd) TSX: HRT 9

  10. FIRST QUARTILE CASH COST PRODUCER AISC CASH COST OF US$708/OZ OVER LIFE OF MINE AISC Curve Illustrating Sugar Zone Vs. Other Selected High Grade Canadian Underground Mines Eagle River, Wesdome Sugar Zone, Harte Gold* Macassa, Kirkland Lake $3,000 Island Gold, Alamos Hope Bay, TMAC Hemlo, Barrick $2,500 AISC (US$/oz) Seabee, SSR $2,000 $1,500 $1,000 $500 0% 25% 50% 75% 100% Cumulative Production Source: SNL Market Intelligence, 2017 gold production ranked all in sustaining costs * Projected positioning based on LOM all in sustaining costs relative to current producers TSX: HRT 10

  11. OPPORTUNITIES TO ENHANCE PROJECT VALUE SEVERAL OPPORTUNTIIES NOT CAPTURED IN THE PEA $750  mining dilution, lower  mineable mining costs ? resource by 534,000 ounces Pre-Tax NPV 5% ($ Millions) $600 ?  head grade: ? 7.0 – 8.0 g/t ? $425 $450 ? $344 $300 $150 US$1,250/oz US$1,350/oz Improve Head Upgrade Mine Plan Exploration Sugar Zone Gold Price Gold Price Grade Resources Optimization Upside NPV Potential PEA Pre-Tax NPV 5% Opportunities To Further Enhance Value TSX: HRT 11

  12. ADDING ADDITIONAL RESOURCE TO MINE PLAN 534,000 OUNCES OF MINERAL RESOURCE NOT INCLUDED IN PEA MINE PLAN 0 m 250 m 500 m 750 m 1,000 m TSX: HRT 12

  13. MINE DESIGN – GRADE DISTRIBUTION MINE DESIGN ILLUSTRATED BY GRADE Southeast Northwest Sugar Zone South Ramp Sugar Zone North Ramp Middle Zone Ramp Infill Drilling Underway TSX: HRT 13

  14. NEAR-MINE AND PROPERTY-WIDE EXPLORATION 35 Km strike length to be explored 80,000 hectare land package Near-mine targets Sugar, Middle and Wolf Zones Several regional exploration targets identified K7 14 TSX: HRT

  15. PROPERTY WIDE EXPLORATION SEVERAL ZONES SHOWING HIGH POTENTIAL FOR SIGNIFICANT MINERALIZATION  Lynx Zone ► On strike, characteristics similar to Sugar and Middle zones  Moose Zone ► Host rock similar to Barrick’s Hemlo mine  K7 Zone ► New zone discovered, anomalous gold intersected 200 meters below surface  Eagle Zone ► Property wide 2017 geophysics identified strong electromagnetic anomaly with VMS potential  Marten Zone Scale ► IP anomaly featurs host rock similar to Barrick’s Hemlo mine 0 5 10 Kilometers  Fisher Zone ► Initial drill program intersected 40 meters of anomalous gold on strike with the Sugar Zone 15 TSX: HRT

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