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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


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Corporate Presentation

May 2018 G O L D C O R P

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FORWARD LOOKING STATEMENTS

All figures in CAD, unless otherwise noted Figures in USD were converted at CAD/USD 0.8000 All tonnages in metric, unless otherwise noted

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 to 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"

  • r "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.

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COMPANY SNAPSHOT

CORPORATE STRUCTURE INSTITUTIONAL SUPPORT Analyst Following: Major Shareholders1: Headquartered: Toronto, Ontario, Canada Market Cap: C$240 million (C$0.42 May 4th)

19.9%

Shares Outstanding: 572 million (Basic) 637 million (Fully Diluted) Symbol: HRT: TSX H4O: FRANKFURT HRTFF: OTC

Head Office (Toronto)

2.1% 0.9% 7.2%

Debt Financing For Up To US$70 Million:

US$20 million US$50 million

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MILESTONES FOR 2018

Resource update: tripled resource

PEA: $425 million pre-tax NPV5% at US$1,350/oz, 60% pre-tax IRR1

Comprehensive debt financing package for up to US$70 million

IBA signed with Pic Mobert First Nation (PMFN)

1) 5% discount rate at gold price US$1,350/oz and CAD:USD 0.8000

Full permitting expected: June 2018

Production starting: July 2018

HARTE GOLD HAS DELIVERED ON ALL TARGETS TO-DATE

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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

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PEA SUMMARY

Input Unit Value

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

Macro and Physical Parameters Cost Parameters Capital Cost Parameters Cash Cost Summary

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H2 2018 H1 2021 H2 2019 Today

PHASED MINE PLAN INCREASING TO 1,400 TPD

PROVIDES EARLY CASH FLOW AND LONGER TERM GROWTH Phase 1: 540 tpd (2018 - 2019) Phase 2: 800 tpd (2020) Phase 3: 1,400 tpd (2021+)

  • Low risk ramp-up to commercial production
  • Existing surface and underground mining infrastructure is sufficient to support

increased throughput

  • Throughput increased by adding second ball mill and leach circuit
  • Expansion to the Middle Zone allows for multiple stoping areas
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SIMPLE MINE DESIGN

CONTINUOUS AND TABULAR ORE BODY SUPPORTS SIMPLE MINE DESIGN AND EXTRACTION

Viewing stope along strike. Clean break, minimal dilution

Opened Longhole Stope

Sugar Zone Stope Design

  • Length: 50 m
  • 15 m level interval (floor to floor)
  • Planned dilution: 11.6%
  • Unplanned dilution factored into the model:

26% Middle Zone Stope Design

  • 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

Steeply dipping ore, 65-70°

8 Meter Width

Lower Zone Ore Face

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PRODUCTION PROFILE TO +100,000 Oz/Year

SCALABLE MINE PLAN DESIGNED TO MATCH UNDERGROUND DEVELOPMENT

20 40 60 80 100 120 140 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Production (koz Au) Phase 1 & 2 (800 tpd) Phase 3 (1,400 tpd)

Throughput and Grade Production Forecast

0.0 2.5 5.0 7.5 10.0 150 300 450 600 2018 2020 2022 2024 2026 2028 Grade (g/t Au) Throughput (ktpa) Phase 1 & 2 (800 tpd) Phase 3 (1,400 tpd) Diluted Head Grade

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FIRST QUARTILE CASH COST PRODUCER

AISC CASH COST OF US$708/OZ OVER LIFE OF MINE

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

AISC Curve Illustrating Sugar Zone Vs. Other Selected High Grade Canadian Underground Mines

Cumulative Production 25% 50% 75%

100%

$500

AISC (US$/oz)

$2,500 $3,000 $1,000 $1,500 $2,000 0%

Sugar Zone, Harte Gold* Seabee, SSR Macassa, Kirkland Lake Hope Bay, TMAC Island Gold, Alamos Eagle River, Wesdome Hemlo, Barrick

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OPPORTUNITIES TO ENHANCE PROJECT VALUE

SEVERAL OPPORTUNTIIES NOT CAPTURED IN THE PEA

$150 $300 $450 $600 $750

US$1,250/oz Gold Price US$1,350/oz Gold Price Improve Head Grade Upgrade Resources Mine Plan Optimization Exploration Upside

Pre-Tax NPV5% ($ Millions) Opportunities To Further Enhance Value

Sugar Zone NPV Potential

$344 $425

?

?

 head grade: 7.0 – 8.0 g/t  mineable resource by 534,000 ounces  mining dilution, lower mining costs

PEA Pre-Tax NPV5%

? ? ?

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ADDING ADDITIONAL RESOURCE TO MINE PLAN

534,000 OUNCES OF MINERAL RESOURCE NOT INCLUDED IN PEA MINE PLAN

0 m 250 m 1,000 m 500 m 750 m

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MINE DESIGN – GRADE DISTRIBUTION

MINE DESIGN ILLUSTRATED BY GRADE

Middle Zone Ramp Sugar Zone North Ramp Sugar Zone South Ramp

Infill Drilling Underway

Southeast Northwest

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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

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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

► IP anomaly featurs host rock similar to Barrick’s

Hemlo mine

  • Fisher Zone

► Initial drill program intersected 40 meters of

anomalous gold on strike with the Sugar Zone Scale

5 10 Kilometers

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IBA SIGNED WITH PIC MOBERT FIRST NATION

  • Impact Benefits Agreement (“IBA”) signed with Pic Mobert First

Nation (“PMFN”)

  • Applies to other future mines that may be developed on the

80,000 hectare Sugar Zone property

  • Proves a framework within which Harte Gold and PMFN will

continue to work together during the production phase of the Sugar Zone Mine

  • Key terms consistent with industry norms:

► 4.0% NPI, based on World Gold Council definition of “all in

sustaining cost” metrics

► Annual monitoring fee ► Employment opportunities ► Stock options for 500,000 common shares at $0.40/share

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KEY TAKEAWAYS

 Fully funded to production  Scalable mine plan: 1,400 tpd, +100,000 ounces of annual production  Simple mine design, well understood orebody. 100,000 tonnes mined to-date  AISC US$708/oz – first quartile cash cost producer  $425 million pre-tax NPV5%  Several opportunities to continue to grow value: 

Improvements to grade with continued infill drilling

Include 534,000 ounces of resource currently not in the mine plan

Optimize mine plan, reduce dilution, lower mining costs

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G O L D C O R P

Appendix: PEA Summary

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NPV AND IRR SUMMARY

Unit Gold Price Sensitivities US$1,150/oz PEA Pricing US$1,350/oz

Macro Parameters Gold Price

US$/oz

$1,150 $1,250 $1,350 Exchange Rate

CAD:USD

0.80 0.80 0.80 Pre-Tax NPV and IRR NPV @ 5%

M C$

$263 $344 $425 IRR

%

40% 50% 60% Post-Tax NPV and IRR NPV @ 5%

M C$

$189 $244 $299 IRR

%

34% 42% 50%

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RESOURCE ESTIMATE (FEBRUARY 2018)

1.5 Moz Au INDICATED AND INFERRED RESOURCE Resource Modelling

  • Includes drilling up to December 6, 2017
  • 1.8m minimum width
  • Indicator Modified Ordinary Kriging
  • Block size 2x4x1.5m

Cut-Off Grade

  • 3 g/t Au cut-off

Variography / Grade Capping

  • Grade capping

► Lower Zone: 75 g/t Au ► Upper Zone: 20 g/t Au ► Middle Zone: 47 g/t Au

  • Variograms show continuity out to 75m

Mineral Resource Estimate at 3.0 g/t Au Cut-Off

Category Zone Tonnes Grade (g/t Au) Contained Au (ounces) Indicated Sugar Zone 2,148,000 8.6 594,700 Middle Zone 460,000 8.1 119,500 Total Ind. 2,607,000 8.5 714,200 Inferred Sugar Zone 1,802,000 6.4 369,300 Middle Zone 1,788,000 6.8 391,500 Total Inf. 3,590,000 6.6 760,800

Mineral Resource Classification

Legend: Yellow = Indicated Mineral Resources, Grey = Inferred Mineral Resources. Scale in metres

Sugar Zone Middle Zone

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PEA MINEABLE RESOURCE ESTIMATE

934,000 OUNCES OF POTENTIALLY MINEABLE RESOURCE FACTORED INTO PEA MINE PLAN Potentially Mineable Mineralization for Mine Planning Resource Classification and Mine Plan Illustration

  • Potentially mineable resource: 941,000
  • unces at a diluted grade of 6.5 g/t
  • Varying cut-off grades:

► 3.5 g/t Au for stopes ► 1.4 g/t Au for low grade development

  • 534,000 ounces of Mineral Resources not

included in the PEA mine plan

  • Areas excluded:

► Inferred Resources below the Sugar Zone

North Ramp

► Middle Zone ramp at ~750 metres

  • Infill drilling is underway in these areas, with

an expectation that grade will improve

Sugar Zone Middle Zone

Infill Drilling Underway

Category Zone Tonnes Diluted Grade (g/t Au) Contained Au (ounces) Indicated Sugar Zone 2,057,000 7.2 474,000 Middle Zone 451,000 6.8 98,000 Total Ind. 2,508,000 7.1 571,000 Inferred Sugar Zone 731,000 6.0 141,000 Middle Zone 1,260,000 5.6 228,000 Total Inf. 1,991,000 5.8 370,000

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Mine Design Parameters

MINE DESIGN

LONGHOLE STOPING PROVIDES A SAFE AND COST EFFICIENT METHOD

Longhole Stoping Mining Method Sugar Zone Existing Underground Development

Sugar Zone Middle Zone Level interval 15 m 20 m Stope strike length 50 m 30 m Limiting HR (hanging-wall) 7 7 Minimum mining width* 1.3 m true width 1.5 m true width HW & FW overbreak (unplanned) Total 0.50 m true width Total 0.50 m true width Minimum diluted mining width 1.8 m 2.0 m HW & FW overbreak Au grade 0.87g/t (Nth) / 0.31g/t (Sth) 0.47 g/t Average undiluted mining width 1.9 m 3.1 m Average diluted mining width 2.4 m 3.6 m Unplanned Dilution (overbreak) 26% 16% Dilution from backfill 1.60% 2.40% Dilution planned (design) 10% 10% Mining Recovery 95% 95%

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MINE DESIGN – SCHEDULE

MINE DESIGN ILLUSTRATED BY YEAR

Middle Zone Sugar Zone North Ramp Sugar Zone South Ramp

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PROCESS FLOWSHEET

Process Flowsheet Flowsheet Design

  • Primary jaw crusher followed by

secondary cone crusher

  • Grinding: 800 tpd ball mill
  • Gravity: Two Falcon concentrators
  • Flotation: Six TC10 Outotec flotation

cells

  • Filtration
  • Tailings thickening
  • Gold room: Shaker table, drying
  • ven and furnace

SIMPLE FLOWSHEET WITH LOW CAPITAL AND OPERATING COSTS

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EXPANSION TO 1,400 TPD

  • Estimate of $23 million to be spent in 2020 on expanding throughput capacity:

► Additional cone crusher ► Second ball mill in parallel ► Storage modifications and additional conveyors for the ball mill ► Three additional flotation cells ► Concentrate regrind and leaching equipment

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OPERATING COSTS

OPERATING COSTS AND CONDITIONS WELL DEFINED THROUGH 70KT BULK SAMPLE PROCESS

152 107 87 84 90 43 28 28 28 29 11 8 7 8 50 100 150 200 2019 2020 2021 2022 LOM Average C$/tonne Mining Processing G&A 680 326 314 324 360 194 85 101 108 114 79 35 27 25 33 200 400 600 800 1,000 1,200 2019 2020 2021 2022 LOM Average US$/oz Au Mining Processing G&A

Underground Contract Mining

  • Detailed bottom-up cost analysis, considering

the following:

► Technica contract rates (bulk sample

mining contract)

► First principles estimates ► Benchmark costs

Comminution and Processing

  • Detailed bottom-up cost analysis

General and Administration

  • Build-up including support staff,

accommodation, travel, vehicles, consulting and office consumables Operating Cost Profile (US$/oz Au) Operating Cost ($/tonne basis)

953 445 442 458 507 213 147 122 118 128

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CAPITAL COSTS

EXISTING MINE DEVELOPMENT REDUCES CAPITAL COSTS, ACCELERATES TIMELINE TO PRODUCTION

12.2 23.5 28.2 24.8 22.0 22.4 35.5 23.1 9.1 4.1 5.1 0.9 0.8 0.8 4.5 5.1 20 40 60 80 2018 2019 2020 2021 2022 2023

Capital Costs (C$m)

Underground Development Process Plant Construction Infrastructure Tailings Expansion Equipment

Costs Remaining for 2018

  • Minimal underground development

► Six months of stoping already completed

  • Process plant 80% complete
  • Underground infrastructure work includes

upgrading surface ventilation fans and underground power distribution

  • CAPEX remaining: $35.5 million, which includes

paste plant, power line and tailings facility After Commercial Production: 2019+

  • Largest sustaining cost is underground

development

  • Estimated $23 million to be spent in 2023 to

expand plant capacity

  • Tailings capacity to be increased over mine life

to support incremental throughput Capital Cost Profile – as at March 31st

58.0 26.1 23.0 28.7 28.1 61.1

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DEBT FINANCING PACKAGE

Sprott Facility

  • Up to US$50 million senior secured credit facility

► Tranche I: US$20 million ► Subsequent US$10 million tranches, as required

  • 5 year term
  • Interest rate LIBOR + 7.5%

Appian Subordinated Loan

  • US$20 million subordinated loan
  • 6 month term, option to extend to January 25th, 2019
  • Interest rate of 9.5%, increasing to 11.5% if extended
  • Subordinated to the Sprott Facilty
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G O L D C O R P