Developing the Bonaparte Gold Project, Kamloops, British Columbia - - PowerPoint PPT Presentation

developing the bonaparte gold project
SMART_READER_LITE
LIVE PREVIEW

Developing the Bonaparte Gold Project, Kamloops, British Columbia - - PowerPoint PPT Presentation

Developing the Bonaparte Gold Project, Kamloops, British Columbia February 2014 Forward Looking Statements Certain statements contained in this presentation constitute forward-looking statements. Forward-looking statements are frequently, but


slide-1
SLIDE 1

Developing the Bonaparte Gold Project,

Kamloops, British Columbia

February 2014

slide-2
SLIDE 2

Forward Looking Statements

Certain statements contained in this presentation constitute forward-looking statements. Forward-looking statements are frequently, but not always identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be achieved. The forward-looking statements may include statements regarding exploration results and budgets, mineral resource estimates, work programs, capital expenditures, timelines, strategic plans, market price of commodities or other statements that are not statement of fact. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company may differ materially from those reflected in forward-looking statements due to a variety of risks, uncertainties and other factors. The Company’s forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and the Company does not assume any

  • bligation to update forward-looking statements if circumstances or management’s beliefs, expectations or opinions should

change except as required by law. For the reasons set forth above, investors should not place undue reliance on forward- looking statements. Important factors that could cause actual results to differ materially from the Company’s expectations include uncertainties involved in disputes and litigation, fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and economic return; the need for cooperation

  • f government agencies and native groups in the exploration and development of properties and the issuance of required

permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty in meeting anticipated program milestones; uncertainty as to timely availability of permits and other government approvals and other risks and uncertainties disclosed in other information released by the Company from time to time and filed with the appropriate regulatory agencies.

slide-3
SLIDE 3

In This Presentation

  • 1. About WestKam Gold Corp.
  • 2. Bonaparte Gold Project Overview
  • 3. BCGS Report on Porphyry Potential
  • 4. 2013 Exploration and Results
  • 5. What’s Next?
  • 6. Management
  • 7. Share Structure
  • 8. Contact
slide-4
SLIDE 4

The Company

Vancouver-based junior gold explorer Symbol WKG, Toronto Venture Exchange Focused on exploring and developing the Bonaparte Gold Project, southern British Columbia 2013: Geophysics Indicates Extension of Discovery Zone, Enhances Bulk-Tonnage Porphyry Potential

slide-5
SLIDE 5

Bonaparte Gold Project - Overview

Largely unexplored ground covers 2,216 hectares near Kamloops, BC Owned 92% by WestKam Gold High-grade drill intersections for gold High-grade results in historic bulk sampling Potential for copper-gold porphyry recognized by British Columbia Geological Survey in a January 2013 report

slide-6
SLIDE 6

Nearby Infrastructure and Easy Access

slide-7
SLIDE 7

Bonaparte Property – The History

1980s – Initial exploration included over 20,000 feet of diamond drilling 1990s – 3,425-ton bulk sample from one of over 13 identified vein systems averaged 26g Au/ton (0.75 oz/ton) 2009 – WestKam Gold Corp. acquires option to earn 60% interest 2010 – Portal collared and decline driven, small bulk sample collected from underground workings on Crow vein. Ore shipped to Kinross Mill in Republic, Washington. Recovered gold sold for $145,783 (364.61 tons assayed 0.475 oz/ton, 93% recovery). 2010 – “#20” Vein plus three new veins encountered in decline 2010 – WestKam exercises option to earn 75% 2011 – New management takes reins 2013 – BCGS report on porphyry potential, successful IP geophysics 2013 – WestKam acquires additional 17% to bring its Bonaparte ownership to 92%

slide-8
SLIDE 8

Historic Diamond Drill Intersections Include:

Grade (g Au/ton) Grade (oz Au/ton)* Intercept (metres) 113.70 3.32 0.87 84.21 2.46 1.44 142.97 4.17 1.20 321.22 9.37 0.56 115.51 3.37 1.07 43.50 1.27 1.02 69.20 2.09 1.26

Additional information from drilling indicates a minimum 200 meter extension in width to the regional structure. More veins expected to lie within the extension.

* Calculated as: 1 gram/tonne = 34.28 troy ounces/short ton

slide-9
SLIDE 9

Key Veins Discovered to Date

slide-10
SLIDE 10

BCGS Recognizes Porphyry Potential as Suggested by Previous Research

Bonaparte investigated by BC government geologists Jim Logan and Mitch Mihalynuk in 2012. They published Bonaparte Gold: another 195 Ma porphyry Au-Cu deposit in southern British Columbia?

“It is likely that the portion (of the Bonaparte Gold Project) explored to date is only a small part of a much larger, more extensive mineralizing system that requires detailed exploration to define. In addition to the shear/fracture hosted mineralization, potential exists for large bulk tonnage, porphyry copper-gold mineralization.”

Shaun M. Dykes M.Sc (Eng), P. Geo (Previous researcher on Bonaparte Property) Technical Report on the Bonaparte Gold Property April 30, 2009

slide-11
SLIDE 11

Bonaparte Exploration in 2013

Coast Mountain Geological completed aggregation and assessment of information accumulated to date Based on their work, revised development strategy examined:

  • High-grade gold in quartz vein networks
  • Porphyry copper-gold potential
slide-12
SLIDE 12

Bonaparte Exploration in 2013

3D IP survey identified a possible extension of the Discovery Gold Zone Located a large intrusive structure and related anomalies Reinforced Bonaparte's bulk-tonnage, porphyry copper-gold potential (as inferred by recent study from the British Columbia Geological Survey)

slide-13
SLIDE 13

IP Survey Results Summary Diagram

slide-14
SLIDE 14
slide-15
SLIDE 15
slide-16
SLIDE 16
slide-17
SLIDE 17
slide-18
SLIDE 18

What’s Next: 2014

Coast Mountain Geological evaluating results of work completed in 2012-2013 Will recommend the next phase of exploration at Bonaparte Likely to include drilling on the more prospective targets identified in the latest IP survey

slide-19
SLIDE 19

Key Management & Directors

Matt Wayrynen, President & CEO Former director of Quinto Mining Corporation, which was acquired by Consolidated Thompson Iron Mines in 2008 for a share value equal to $175M. Original co-founder and former President and CEO of TrichoScience Innovations Inc., which was acquired by Replicel Life Sciences Inc. Helped advance RepliCel to its current market capitalization of over $100M. Currently a director and senior officer of several other reporting issuers in the resource and energy sectors. Also the former President and CEO of Bralorne Gold Mines Ltd. Pam Saulnier, CFO

  • Ms. Saulnier is a Certified Management Accountant and a member of Chartered Secretaries Canada, a

Canadian Division of The Institute of Chartered Secretaries and Administrators (“ICSA”). She has more than 12 years experience in the mining and resource and oil and gas sectors. Ms. Saulnier has served with public companies in financial reporting, regulatory compliance, governance and administration of corporate affairs. Akash Patel, Director Presently CEO of Discovery Ventures Inc. (DVN). Significant public accounting experience and over 15 years

  • f investing experience. Bachelor of accounting from the British Columbia Institute of Technology with a

major in accounting and minor in finance. Also provides over 12 years of corporate tax experience and has been a director and officer of several other reporting issuers in the resource sector.

slide-20
SLIDE 20

Key Management (continued)

Lincoln Fuqua, Director 35 years experience in Business & Higher Education Administration; Research Director; Corporation & Foundation board of directors service; Natural Resources exploration & development projects partner & manager Major financial grants from National Science Foundation, U.S. Department of Education, Utah Education Network, & American Independent TV Network. Recognized in Who’s Who in Bus. & Computer Technology; Who’s Who in Distance Learning; & Global Business Leaders.

slide-21
SLIDE 21

Advisory Board

Lindsey Gorrill, CFO, Advisor Chartered Accountant, graduate of Simon Fraser University with a BBA in Finance and Marketing. Admitted to the Institute of Chartered Accountants of British Columbia in August 1989. Following senior positions with Ernst & Whinney, Peat Marwick Thorne and KPMG, Mr. Gorrill filled executive roles resource companies in Canada and the U.S. Currently CEO, CFO, Principal Accounting Officer and Treasurer of Star Gold Corp. and has been its President since 2008. Also CEO and President of Jayhawk Energy, Inc. Also served as CEO, CFO and President of Canada Fluorspar Inc. Former CFO of Quinto Mining Corp., where he helped raise millions

  • f dollars and advanced a Quebec iron ore property to a viable project. Quinto then sold to Consolidated

Thompson Iron Mines in June 2008 for a share value equal to $175 million. (Consolidated Thompson was eventually sold to Cliffs Resources for $4.9B.) Tyrone Docherty Chief Executive Officer and President of Deer Horn Metals Inc. since 2008. Former President and CEO of Quinto Mining, where with limited resources in a difficult market he raised more than $30M and advanced a Quebec iron ore property into a viable project. Quinto was subsequently sold to Consolidated Thompson Iron Mines in 2008 for a share value equal to $175M (starting from $4M). Consolidated Thompson was eventually sold to Cliffs Resources for $4.9B. Mr. Docherty also serves on the Boards of several resource companies including JayHawk Energy Inc. as well as Quinto Mining Corp. (prior to its sale). Involved in the financial markets for over 20 years and attributes his success to relationship-building, trust and honesty.

slide-22
SLIDE 22

Advisory Board (continued)

Tony Fogarassy, M.Sc, LL.M Natural resources lawyer and principal for Dunbar Law Corporation. Graduated as the gold medalist in geological sciences and obtained his masters degree at the University of British Columbia. Obtained law degrees from UBC and the London School of Economics. Tony's legal experience includes mining, environmental and aboriginal law. He has worked as a geologist or lawyer on projects in Canada, USA, Kazakhstan, Angola and the Middle East. Bob Lane, M.Sc., P. Geo, Consultant/Advisor & Qualified Person Registered professional geologist with a Master's degree in geology and more than 20 years

  • f practical field geology as a research geologist with the BC Geological Survey, as the Regional Geologist

with the Ministry of Energy & Mines (Northeast-Central Region of BC), and as a consulting geologist. Currently the principal of Plateau Minerals Corp, a geological consulting company based in Prince George, and a Qualified Person under NI 43-101.

slide-23
SLIDE 23

Share Structure

Symbol TSX.V - WKG Shares Outstanding 49,478,607 Warrants Outstanding 22,902,216 Options Outstanding 784,900 Fully Diluted 73,165,723

As of July 31, 2013

Recent Price $0.04 52-Week Range $0.03 - $0.13

slide-24
SLIDE 24

To Summarize

Vancouver-based junior focused on bringing the Bonaparte gold project to production Bonaparte is a high-grade gold vein system with recognized potential for a bulk-tonnage, porphyry copper-gold deposit Easy access near Kamloops, BC and outstanding infrastructure The property has produced high-grade results and excellent recoveries in historic bulk test mining phases Work in 2013 advanced both the vein and porphyry potential

  • f the property—2014 program now in planning stage
slide-25
SLIDE 25

Contact

Investor Relations: John Ulmer 778.994.6453 info@westkamgold.com Head Office: Matt Wayrynen Suite 900, 570 Granville Street Vancouver, BC V6C 3P1 604.682.3701 matt@westkamgold.com