SSR Mining maintains the Fisher Property option and has significant - - PowerPoint PPT Presentation

ssr mining maintains the fisher property option and has
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SSR Mining maintains the Fisher Property option and has significant - - PowerPoint PPT Presentation

SSR Mining maintains the Fisher Property option and has significant exploration planned and underway in 2019: 8,000m - 12,000m drilling 6,000 - 8,000 soil sampling Geophysics Mapping Wayne Everett Fisher 1938 - 2015


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Wayne Everett Fisher 1938 - 2015 SSR Mining maintains the Fisher Property option and has significant exploration planned and underway in 2019:

  • 8,000m - 12,000m drilling
  • 6,000 - 8,000 soil sampling
  • Geophysics
  • Mapping
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SLIDE 2

FORWARD LOOKING STATEMENT

This presentation includes certain “forward-looking statements’ within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements include without limitation, statements regarding future production, potential mineralization and reserves, exploration results and future plans and objectives of Taiga Gold

  • Corp. (Taiga Gold). Forward-looking statements can generally be identified

by the use of forward-looking terminology such as “may,” will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” or “continue” or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

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At the beginning of the mining industry downturn in 2012 Eagle Plains Resources (EPL:TSX-V) focused on identifying the best

  • pportunities for gold exploration

projects in western Canada

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This was done to take advantage

  • f its healthy treasury and

technical team when the

  • pportunity for acquisition of

quality exploration projects was peaking

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SLIDE 5

The team identified a relatively under- explored area in northeastern Saskatchewan They weren’t alone….

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Weeks after consolidating 4 large gold exploration properties in the Tabbernor fault area another company entered the scene…..

Silver Standard Resources

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Silver Standard Resources, now SSR Mining, buys Claude Resources and acquires the neighboring Seabee Gold Operation in March 2016 for a share deal amounting to $337m

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SSR Mining appears to have come to the same conclusion as Eagle Plains and backed up that theory with $337m.

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Within weeks SSR Mining and Eagle Plains entered discussions regarding an

  • ption on the

Fisher Property

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On October 6, 2016 SSR Mining

  • ptioned the Fisher Project from

Eagle Plains with terms:

SSRM may earn a 60% interest:

  • complete $4M exploration within 4 yrs
  • an initial cash payment to EPL of $100k
  • annual cash payments to EPL of $75,000

SSRM may earn an additional 20%:

  • Make a cash payment of $3M to EPL

within one year of announcing 60%

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SLIDE 12
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In 2017 SSR Mining commenced a $90M upgrade of the Seabee Gold Operation designed to:

  • Extend production profile by approx. 29% over

2016 levels

  • Near-term production growth to peak production
  • f 120,000 oz in 2020
  • Expand operating margins by lowering cost/oz
  • Improve processing plant performance
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SLIDE 14

In April 2018 Eagle Plains spins-out a new entity awarding shareholders a new shares on a 1 for 2 share basis:

Taiga Gold Corp

lists on the Canadian Stock Exchange under the ticker symbol

TGC

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Here’s the rationale for the spin-out:

  • Improve identification and valuation of gold assets
  • Simplify corporate ownership / invite takeover
  • Increase ability to finance without dilution to EPL
  • Provide a liquidity event for EPL shareholders
  • Tax-free structure for spin-out shares
  • Its worked well in the past, CPY an EPL spin-out
  • CPY/NG merger = $65m to CPY

shareholders

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Taiga’s assets include 5 gold exploration properties strategically located in the Seabee Gold Operation Camp:

  • Fisher, Leland, Orchid, Chico & SAM
  • Royalties on all these projects including

a 2.5% NSR at the Fisher

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SLIDE 17
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Since 2016, SSR Mining has explored the Fisher Project for new gold discovery, some highlights are:

  • Exploration has focused along the Santoy Shear Zone
  • Drilling of 21,000m over 48 holes, extensive ground-

based sampling and geophysics completed by SSRM

  • High-grade gold mineralization identified over a 13km

trend, with values reported up to 166.8 g/t gold

  • Numerous high-grade gold occurrences discovered
  • Structural interpretation indicates the geological setting

at Mac North is similar to the high-grade zones at the nearby Santoy Mine Complex

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SLIDE 19

Highlights Continued:

  • New target areas identified near border with Santoy

Mine

  • All-season Fisher camp being upgraded to a 44-

person camp for 2020 winter work

  • Planning and permitting underway for Winter, 2020 drill

program

  • Cash payments received by Taiga totaling $325,000 to

date

  • 2019 expenditures exceeded $3M, with over $7.8M in

exploration completed on Fisher to date, funded entirely by SSRM

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SLIDE 20
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  • 20.93 g/t Au
  • 25.13 g/t Au
  • 64.17 g/t Au
  • 13.77 g/t Au
  • 7.30 g/t Au
  • 5.57 g/t Au
  • 7.00 g/t Au
  • 6.90 g/t Au
  • 12.70 g/t Au
  • 166.77 g/t Au
  • 80.20 g/t Au
  • 24.70 g/t Au
  • 31.10 g/t Au
  • 9.63 g/t Au
  • 5.22 g/t Au
  • 59.33 g/t Au
  • 25.63 g/t Au
  • 8.93 g/t Au
  • 16.93 g/t Au
  • 7.03 g/t Au
  • 16.03 g/t Au

High- Grade Gold 13km Trend

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SLIDE 22

Fisher Exploration Camp 2019 (24 Person)

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SLIDE 23

Fisher Exploration Camp 2020 42 Person

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SLIDE 24
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  • Visible gold over 6.5m
  • 7.31 g/t over 1.55m
  • 3.76 g/t over 4.18m
  • inc. 13.72 g/t over 0.73m
  • First minable intercept

above cut-off grade at Fisher Property

  • Last drill-hole completed

during 2019 program

Mac Zone North Hole FIS 19- 035

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Surface expression of the Santoy Mine

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Photo: SSR Mining

The underground expression at the Santoy Mine

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2020 Outlook/Catalysts:

  • Winter drilling 12,000m planned at Fisher
  • 4000 soil sample program planned
  • Camp expansion to 42-person
  • Large budget, fully-funded by SSRM
  • Additional exploration at Leland and other

TGC projects

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Share Structure

Share Structure Shares Issued Assigned Options Warrants Fully Diluted January / 2020 63,887,050 5,500,000 5,244,000 74,631,050

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Tribute to Wayne Everett Fisher 1938 – 2015

The Fisher Project is named in tribute to Wayne Fisher who pioneered the geological exploration of the northern Tabbernor Region and who proved to be an exceptionally knowledgeable and valuable member of the Terralogic Exploration team during his tenure. We salute you Wayne.

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Project Generator

Taiga Gold Corp. Office Building, Cranbrook, B.C.

For more information please visit our website at: www.taigagold.com

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Thank you for viewing our Corporate Presentation For more information please visit our website at: www.taigagold.com

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SLIDE 33

Contact Information Investor Relations: Mike Labach info@taigagold.com Toll Free: 1 866 Hunt Ore (866 486 8673) Local: (250) 426 – 0749 Cranbrook, BC, Canada