NSGold Corporation
TSXV:NSX
Precious Metals With A Near-Term Production Focus
Annual General Meeting June 20, 2012
NSGold Corporation TSXV:NSX Precious Metals With A Near-Term - - PowerPoint PPT Presentation
NSGold Corporation TSXV:NSX Precious Metals With A Near-Term Production Focus Annual General Meeting June 20, 2012 THIS INVESTOR PRESENTATION (THE "PRESENTATION") WAS PREPARED AS A SUMMARY OVERVIEW OF THE CURRENT AFFAIRS OF
Annual General Meeting June 20, 2012
NOT PREPARED FOR THE PURPOSE OF ASSISTING PROSPECTIVE INVESTORS IN MAKING A DECISION TO INVEST IN NSGold. THIS PRESENTATION PROVIDES A DESCRIPTION OF THE OFFERING AND DOES NOT DEAL EXTENSIVELY WITH THE BUSINESS AND OPERATIONS OF NSGold. THIS PRESENTATION IS NOT AN "OFFERING MEMORANDUM“ UNDER CANADIAN SECURITIES LAWS.
TO USE THE PRESENTATION TO ASSIST IN MAKING A DECISION TO INVEST IN NSGold.
All references to Resources and Reserves unless specifically noted otherwise are Historic and non compliant with the criteria required under National Instrument 43-101 and as such cannot be relied upon until verified and confirmed by a technical report(s) to NI 43-101 standards.
The Presentation is confidential and the contents are not to be reproduced or distributed to the public or the press. Securities legislation in all provinces and territories prohibits such distribution of
representatives to disclose such information to any other person or reproduce the Presentation in whole or in part' without the prior written consent of NSGold. Upon request' each recipient will return promptly any and all materials received from NSGold and/or Citadel Securities Inc.' including the Presentation.
The Presentation is for use solely in Canada and is not to be provided by any means to anyone in the United States. The securities of NSGold have not been and will not be registered under the United States Securities Act of 1933 (the "U.S. Act")' as amended' or the securities laws of any state or country and may not be offered or sold in the United States or to "U.S. Persons" (as defined in Regulation S of the U.S. Act) or to investors of other countries unless an exemption from registration is available.
This Presentation contains forward-looking information within the meaning of applicable securities laws. Forward-looking information may relate to the NSGold's future outlook and anticipated events
"anticipate"' "believe"' "intend"' "estimate"' "predict"' "potential"' 'continue" or other similar expressions concerning matters that are not historical facts. Forward-looking statements involve known and unknown risks' uncertainties and other factors which may cause the actual results' performance or achievements of NSGold to be materially different from any future results' performance or achievements expressed or implied by the forward-looking statements. Examples of such statements include expectations and prospects of NSGold with respect to acquisitions' acquisition strategies and opportunities' results of operations' business prospects and opportunities' and industry outlook and related projections. Actual results and developments are likely to differ' and may differ materially' from those expressed or implied by the forward-looking statements contained in this Presentation. NSGold's forward looking information and financial outlook are expressly qualified in their entirety by this cautionary statement. The forward looking information and financial outlook contained in the Presentation are only made as of June 2012 and NSGold does not undertake any obligation to update the forward looking information or financial outlook to reflect new information' subsequent events or
1858)
Mooseland Project prior to the acquisition by NSGold
the Mooseland gold deposit over the past 30 years; including Hecla Canada (1980’s)
$750,000 cash; Globex holds a 4% NSR and the right to receive a 5% interest in the issued and outstanding share capital of NSGold at the time
drill holes drilled on each of the East and West Zones totalling 6,500 meters of drilling
a total of 16 diamond drill holes totaling 5,020 meters; this program was designed with the objective of building confidence in the ore body model
(454,000 inferred ozs Au)
and along strike
with drilling concentrated along only 250 meters of strike
drilling programs totaling 45,382 meters in 183 drill holes as detailed below
Mooseland Summary of Non-Diluted Inferred Mineral Resources Cut-off Grade (g/tonne) Tonnes Above Cut-off Average Diluted Grade (g/tonne) Ounces West Zone 2.6 1,460,000 5.72 259,000 East Zone 2.6 1,060,000 5.52 195,000 Total 2.6 2,500,000 5.6 454,,000
Source: Atlantic Gold press release dated February 23, 2012
ORE RESERVES (unchanged) 9.59 Mt @ 1.49 g/t for 454,000 contained ounces TOTAL PRODUCTION* (unchanged) 422,000 ounces ANNUAL PRODUCTION RATE (unchanged) 84,000 ounces PLANT (unchanged) All new, 2.0 Mtpa conventional gravity/CIL plant MINE LIFE (unchanged) 5.0 years PRE-PRODUCTION CAPITAL COST $140 million (nominal). Includes $10 million of working capital and $10 million reclamation bond GOLD PRICE $1700/oz CASH OPERATING COST $597/oz. Includes royalty payments of $37/oz NET CASH SURPLUS (PRE-TAX) $337 million PAYBACK PERIOD 18 months after first gold pour NPV (8%, PRE-TAX) $206 million INTERNAL RATE OF RETURN 52.5%
– 3 separate projects Leipsigate, Indian Path and Blockhouse – One zone at Leipsigate with a pre NI 43-101 reported inferred gold resource (Coxheath Gold Holdings 1986 Annual Report) and historic production of 9,650 ounces from 30,000 tons
– 130 claims covering +/-30 kms2 with widespread geochemical and geophysical anomalies – Similar geology to the Buchans Camp in
– Historic mining; Galena Mine (Pb-Zn-Ag) and Mountain Top Mine (Cu-Au) – Trenching returned 28.6 opt Ag, 8.3% Pb, 13.5% Zn and 0.3% Cu over 7 meters and 2.4 gpt Au over 17 meters
Issued number of shares 43,553,767 Exercise price Proceeds on exercise Expiry date Stock options 1,565,000 $ 0.14 to $0.60 $ 430,000 various Warrants 600,000 $ 0.25 $ 150,000 Jun 18/12 Warrants 690,196 $ 0.51 $ 352,000 Aug 4/13 Fully diluted number of shares 46,408,963