Nor orth th Am American erican Gold old Producer roducer North - - PowerPoint PPT Presentation
OTCQB/CSE NJMC MicroCap Leadership newjerseymining.com Summit September 27, 2019 Nor orth th Am American erican Gold old Producer roducer North th Ame merican rican Go Gold ld Producer oducer Corporate Update August 2018
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Corporate Update – August 2018
Corpor rporat ate e Upd Update – Septemb mber er 2019
September 27, 2019
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Forwar ard Looking king Stat atemen ements ts
Forward Looking Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to: statements relating to forecasted gold production, projected net income cash costs, and all-in costs, future
resource estimates. When used herein, the words "anticipate," "believe," "estimate," “upcoming,” "plan," “target”, "intend" and "expect" and similar expressions, as they relate to New Jersey Mining Company, its subsidiaries, joint venture partners or its management, are intended to identify such forward looking statements. These forward looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward looking statements. Factors that could cause or contribute to such differences include, but are not limited to risks related to mining activities and production shortfalls, metallurgical recovery problems, ore grade or tonnage shortfalls, changes in project parameters, future metal prices, changes in quantity and costs of future production, risks related to the ability to finance future development at the Golden Chest Mine, risks related to mineral resource estimates and other such factors, including risk factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2018. Except as required by Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to any forward looking statements.
Cautionary Statements
Cautionary Note Regarding Estimates of Measured, Indicated and Inferred Resources. The United States Securities and Exchange Commission (SEC) permits mining companies, in their filings with the SEC, to disclose only reserves, which are those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this presentation, such as “resource,” “measured resources,” “indicated resources,” and “inferred resources” that are recognized by Canadian regulations, but that SEC guidelines generally prohibit U.S. registered companies from including in their filings with the SEC, except in certain
review and obtain copies of these filings from the SEC’s web site at www.sec.gov.
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“In its most basic form, we have incorporated a number of moving parts into an
exploration companies. Our goal is to continue to build the Company as we have done, paying off start up debt, utilizing revenues from existing operations to expand and grow our asset base. More simply put, we put our money where our mouth is, focus on doing the heavy lifting and just get shit done.” John Swallow, New Jersey Mining Co. CEO & President
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Murray y Gold Belt
Central tral Idaho ho
Butte e Highlands nds
permitted underground mine
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Experi erien enced, ced, Successful cessful Manageme gement nt Team
conditions
district scale potential
Proven n Mine e & Mill Operat ator
pit & underground
explorations
provides base of value in all market cycles
Sharehol holder der Focused used Managemen agement t and Cultu ture re
purchases
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PRODUCTION UCTION
Golde lden Chest st Mine
Pre-Development Projects become gold producers;
infrastructure, exploration & development
and underground; 2017 7 NI 43-101 open-pit it gold d resour urce e of 477,0 ,000 oz; (254,000 oz Measured/Indicated 223,000 oz Inferred)
surface pit and underground mine start up is “paid in full”
EX EXPLORA ORATION TION
Murray Gold ld Belt lt
District-scale exploration and multi- tiered expansion potential;
Centra tral l Idaho aho
Recently rediscovered historic gold district makes for opportunity;
PRE PRE-DEV DEVELOPME OPMENT NT
Murray Gold ld Belt lt
Advanced Exploration Projects become Pre-Development Projects;
Butte e Highla lands ds
Historic gold district located south
gold mine
production, with its share of costs paid from future production.
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d’Alene Mining District
greater vertical than horizontal extents
mineralization system extends horizontally 1,200 meters, separated into six distinct mineralized shoots
the Mother Lode of California
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5 Infrastructure modernized new portal, decline and spiral ramp
increases land position to approximately 14 square miles
Toboggan claims and data set from NJMC
significantly increases land position; 1,188 acres of patented claims, and 4,194 acres of unpatented claims in the MGB
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at 400’ depth)
strong periodicity and a consistent dip/rake which allows for more predictive drill planning, development and extraction.
relatively steady. (Production cost target of $1,000 – $1,100)
needed” basis for its nearby Toboggan Trend land package (NJMC holds a 2% NSR on its prior Toboggan holdings ).
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Butt tte Highl hlan ands ds Project ct
Placer Dome, Orvana & ASARCO in the 1980s & 1990s.
surface facilities, built by industry leader SMD.
stations in 2011, outlining initial production zones.
Highlands JV LLC (“BHJV”).
several multi-million ounce gold deposits.
share of costs paid from future production.
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IDAHO
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Eastern n Star Project ct
unpatented (760 ac) lode claims acres totaling 980 acres
revealed by NJMC trenching
Company over multiple vein zones, 12 returned gold values exceeding 5.5 gpt with five of those exceeding 17.0 gpt.
South h Fork Project ct
claims totaling 704 acres
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John Swallo low – CEO / President dent & Direc ector
Majority shareholder of NJMC. Mr. Swallow is a successful business owner and entrepreneur in both the mining and high-tech industries. With a focus on team building and corporate culture he has helped to build a drilling subsidiary (20+ million in revs, +100 employees), advance publicly listed companies to senior exchanges in the U.S. and Canada and currently mentors and is on the board of a continuous fiber 3D printing company and owner of an established company focused on the design and manufacture of surface science testing equipment.
holds a B.S. in Finance from Arizona State University.
Grant nt Brackeb ebus usch, P.E. – Vice-Pres President ident & Direc ector
since 1996. He holds a B.S. in Mining Engineering and is a registered Professional Engineer. With extensive experience mill
mine
mine engineering, and environmental permitting he currently, he supervises the daily operations of the Golden Chest. His background in the mining industry also includes open pit mine planning, underground mine planning, and operational supervision. Prior to working for NJMC he worked for Newmont Mining. Rob Morgan gan – Vice ce Presid ident ent Geology
years focused on gold exploration, of which 11 years were in Northern Idaho and Montana.
leading gold exploration and mining companies including Newmont and ASARCO throughout the western United States, Alaska and South
exploration programs for gold, silver, base metals and rare earth elements.
15 15 Kevin in Shiell ell– Direct ector
experience in the mining and mineral processing industries. He has held executive leadership positions at several public companies, including General Manager and Vice President of Mine Operations at Stillwater Mining Company, Chief Operating Officer at MDM Gold, and various mine supervisory positions at Hecla Mining Company. Mr. Shiell is currently the General Manager of the Hollister and Midas Gold Mines which are owned and operated by Hecla Mining Company.
Moniq ique ue Hayes es – Inves estor
tion
Corporat
e Secretar retary
relations and corporate governance – most recently overseeing community relations in northwest Montana for Hecla Mining following its acquisition of Revett Mining Company. At Revett she was Director of Investor Relations and Corporate Secretary where she managed stakeholder relations, and directed its up-listing to the NYSE MKT.
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Market Cap as
$19.8M Issued and Outstanding 123.8M 52 Week Hi-Low US$0.20/$0.11 Officer and Director Holding 15%
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John Swallow, New Jersey Mining Co. CEO & President “By starting as a production story we endeavored to not get too far ahead of ourselves – until the prologue became epilogue – and the
that we can now discuss the chapters together”
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New Jersey Mining Company 201 N. 3rd, Street, Coeur d’Alene, ID 83814 www ww.n .newje jerse seymi ymining ng.co .com
Moni nique e Hayes es
Investor Relations
208.625.9001 monique@newjerseymining.com
Jo John hn Swall llow
CEO / President & Director
jswallow@newjerseymining.com
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