Targeting District Scale Gold-Copper Advanced Exploration Projects - - PowerPoint PPT Presentation

targeting district scale gold copper advanced exploration
SMART_READER_LITE
LIVE PREVIEW

Targeting District Scale Gold-Copper Advanced Exploration Projects - - PowerPoint PPT Presentation

Investors Presentation July 17, 2019 Exploration Targeting District Scale Gold-Copper Advanced Exploration Projects First World Mining Jurisdictions Discovery Value Creation TSX-V:AVG Avidian Gold Forward Looking Statements This


slide-1
SLIDE 1

Exploration Discovery Value Creation

Investors Presentation

July 17, 2019

Targeting District Scale Gold-Copper Advanced Exploration Projects First World Mining Jurisdictions

TSX-V:AVG

slide-2
SLIDE 2

Avidian Gold

Forward Looking Statements

This presentation (“Presentation”) contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Avidian Gold Corp. (“Avidian”). Forward-looking statements include estimates and statements that describe Avidian’s future plans, objectives or goals, including words to the effect that Avidian or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Avidian, Avidian provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and

  • ther factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking

information in this presentation includes, but is not limited to, Avidian’s objectives, goals or future plans, statements, exploration results, potential mineralization, Avidian’s portfolio, treasury, management team and enhanced capital markets profile, the proposed private placement, the timing of the Transaction, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, problems, expenses, difficulties, complications and delays frequently encountered in connection with the establishment of any business, failure or inability to complete the Transaction on the terms as proposed, failure to obtain the required approvals of regulators, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks, unprofitable efforts resulting not only from the failure to discover mineral deposits but also from finding mineral deposits that, though present, are insufficient in quantity and quality to return a profit from production, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry. There is no assurance that Avidian’s mineral exploration and development activities will result in any discoveries of commercial bodies of ore. Mining exploration requires ready access to mining equipment such as drills, and crews to operate that equipment. There can be no assurance that such resources will be available to Avidian on a timely basis or at a reasonable cost. Unusual or infrequent weather phenomena, sabotage, or

  • ther interference in the maintenance or provision of infrastructure required for mineral exploration could adversely affect Avidian’s operations, financial condition and results of operations. The further development and exploration of Avidian’s

projects depends upon Avidian’s ability to obtain financing through equity financing, joint ventures, debt financing, or other means. There is no assurance that Avidian will be successful in obtaining required financing as and when needed. There is no guarantee that Avidian’s title to such properties will not be challenged or impugned or that the appropriate permits and approvals will be obtainable on reasonable terms or on a timely basis; the licenses will be renewed upon their expiry; and that Avidian will be able to explore its properties as permitted or to enforce its rights with respect to its properties. Although Avidian believes that the assumptions and factors used in preparing the forward-looking information in this presentation are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this Presentation, and no assurance can be given that such events will occur in the disclosed time frames or at all. Avidian disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Notice to Canadian Residents The Presentation is not, and under no circumstances are to be construed as, an advertisement or a public offering of the securities referred to herein. The Presentation is not an offer to sell securities of Avidian and is not a solicitation of

  • ffers to purchase these securities where the offer or sale is not permitted. No securities commission or similar authority in Canada has reviewed or in any way passed on the merits of the securities described herein and any representation to

the contrary is an offence. No person has been authorized to give any information or to make any representation other than as provided for herein. Notice to U.S. Persons The Presentation is not, and under no circumstances are to be construed as, an advertisement or a public offering of the securities referred to herein. The Presentation is not an offer to sell any securities of Avidian and is not a solicitation of

  • ffers to purchase these securities where the offer or sale is not permitted.

No securities commission or similar authority in United States has reviewed or in any way passed on the merits of the securities described herein and any representation to the contrary is an offence. No person has been authorized to give any information or to make any representation other than as provided for herein. U.S. investors are advised that the terms “inferred” and “indicated” resources are recognized and required by Canadian regulations, however the U.S. SEC does not recognize the terms. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories would ever be converted to reserves.

2

TSX-V: AVG

slide-3
SLIDE 3

Avidian Gold

3

TSX-V: AVG

Fewer Major Gold Discoveries | Gold Production Declining

slide-4
SLIDE 4

Avidian Gold

4

Avidian goes public in Dec. 2017 - perfectly positioned to deliver shareholder value as Au production declines

TSX-V: AVG

Life Cycle of a Junior

| Management’s Track Record

slide-5
SLIDE 5

Avidian Gold

Veteran Team – Disciplined, Focused, Committed

5

Management Experience Achievements

David Anderson, B.Sc. P.Geo, Chairman & CEO, Director +35 years Geophysicist with international experience in mining sector as both a consultant and in corporate roles Founding shareholder in Quantec Geoscienes Ltd, QGX Ltd., and Antares Minerals Inc. QGX and Antares were public companies subsequently sold to major mining companies after discovering economic mineral deposits. Founded the David C Anderson Charitable Foundation in 2010 whose primary objective is to provide assistance for women and children in underprivileged situations. Former executive positions and currently an entrepreneur who continues to identify and invest in junior mining exploration companies that are focused on gold and copper

  • pportunities.

Donna R. McLean, BA CFO +25 years International experience with junior and intermediate exploration companies Specializing in the areas of financial reporting, controls and administration. She has held the positions of Chief Financial Officer and Controller for several mineral exploration companies, including Intrepid Mines Ltd., Metalla Royalty & Streaming Ltd. (formerly Excalibur Resources Ltd.), Firestone Ventures Inc. and Aurania Resources Ltd.

  • Ms. McLean is founder and President of DMc CORPORATE SERVICES INC., a private company that provides

financial and administrative services to established and emergent businesses, operating in a variety of sectors and industries.

  • Dr. Tom Setterfield,

PhD, P.Geo VP Exploration +35 years International exploration experience and is considered an expert in IOCG, epithermal Au and VMS deposit types. Integral to the acquisition of the Golden Hills gold-rich VMS deposit, Mongolia, that is presently being developed. Co-founder and principal with GeoVector Management Inc and has acted as VP Exploration for public and private companies.

Technical Advisor Experience Achievements

Alexander Davidson, M.Sc + 35 years Experience in designing, implementing and managing gold and base metal exploration and acquisition programs throughout the world. Was Barrick Gold Corporation’s Executive Vice President, Exploration and Corporate Development responsible for international exploration programs and corporate development activities. Received the Prospector of the Year Award (2003) for his team's discovery of the Lagunas Norte Project and the Dufresne Award (2005) for exceptional achievement and distinguished contributions to mining exploration in Canada from the Canadian Institute of Mining, Metallurgy and Petroleum and the Charles F. Rand Memorial Gold Medal (2019) from the American Institute of Mining, Metallurgical, and Petroleum Engineers for achievement in mining administration, including metallurgy and petroleum.

TSX-V: AVG

slide-6
SLIDE 6

Avidian Gold

The Right Assets In the Right Place

Alaska – Tintina Gold Belt Nevada – Humboldt Trend Advance exploration portfolio $40 Million Historical Data Base Resource Already Established

Key to Success

Dedicated Team

Track record – Discovery and Sale Significant Insider Investment Able to Execute

6

Focused on High Quality Gold Exploration Targets in Favourable Mining Jurisdictions

(1) Source: Fraser Institute Annual Survey of Mining Companies 20 Investment Attractiveness Index

Focused Strategy

District Scale Targets in friendly jurisdictions Alaska ranked 5th for worldwide mineral potential and 10th by the Fraser Institute(1) Nevada ranked 1st by the Fraser Institute(1)

TSX-V: AVG

Creating Transformation Wealth for Shareholders

slide-7
SLIDE 7

Avidian Gold

Five Large Footprint Targets in Two District Scale Projects

7

TSX-V: AVG

> 25.0

Golden Zone Amanita

Reno Las Vegas

Walker Lane Trend Battle Mt - Eureka Trend C a r l i n T r e n d Getchill Trend Humboldt Trend

Elko

Independence Trend

Past & Present Au Producers ! Carlin Trend: +100 Moz ! Battle Mt/Eureka Trend: +50 Moz ! Walker Lane Trend: 50 Moz

100 km

Jungo Dome Hill

Jungo:

25 km NE of the Hycroft mine (25 Moz Au) & 45 km SW of the Sleeper deposit (7 Moz Au)

Alaska Nevada

Projects Located within the prolific +130 Moz Au Tintina Gold Belt and near world-class gold deposits

slide-8
SLIDE 8

Avidian Gold

Amanita Property | Fort Knox Analogue

8

Analogous geology, alteration, mineralization and higher grades than Fort Knox

Proximity to Fort Knox Mine

Ø Excellent access and infrastructure - approximately 15 km northeast of Fairbanks city limits Ø Contiguous with the Fort Knox Mine that produces approx. 380,000

  • z Au/year at an avg. mill cut-off grade of 0.3 g/t Au

Ø Historical placer production on the property, similar to Fort Knox Ø Intrusion Related Gold System, structurally controlled, sheared sheeted vein/stock work mineralization similar to Fort Knox Ø Proterozoic schists and amphibolite intruded by Cretaceous age granitoid Ø The main mineralized zone (Tonsina Trend) is approximately 5.6 km southwest of Fort Knox in the same NE trending corridor Ø Potential to fill in the Fort Knox production gap in 2022 and 2023 while they develop their new Gilmore pit

TSX-V: AVG

Tonsina Mineralized Trend

slide-9
SLIDE 9

Avidian Gold

Amanita Property | Strong Au Mineralization

9

On Trend with Fort Knox

Selected RC Drill Holes and Grab Samples

Ø Limited and unevenly distributed RC drilling along the 4.5 km long Tonsina Mineralized Trend Ø 30 of 39 RC holes intersected >1.0 g/t Au over 1.5 m: 6 holes with VG Ø Drill tested to less than 150 m depth, all oxide

  • mineralization. Intercepts include:
  • 13.72 m @ 3.02 g/t Au
  • 10.67 m @ 1.08 g/t Au
  • 12.19 m @ 2.28 g/t Au
  • 4.57 m @ 11.49 g/t Au
  • 3.05 m @ 14.04 g/t Au

Ø Blaster analysis of trench vs drill chip samples indicates coarse gold lost in the RC holes Ø Potential to host a significant deposit size with grades better than the current Fort Knox leach grade Ø Several other untested targets on the property discovered from prospecting (in blue)

TSX-V: AVG

slide-10
SLIDE 10

Avidian Gold

Golden Zone Property | Overview

Ø In Alaska Location is Everything – Access Key

  • 320 km north of Anchorage,16 km west of main route between Anchorage & Fairbanks
  • Year-round access via gravel road + airstrip with permanent camp
  • State of Alaska claims with an existing mining lease - 32 years remaining

Ø The Right Time and Paleodepth

  • Late Cretaceous, 68 Ma – Same as Donlin Creek
  • District scale of 105.5 km2 , >15 km mineralized trends; interpreted shallow paleodepth
  • Magmatic-hydrothermal process compatible with Intrusion Related Gold Systems (“IRGS”)

Ø To Date Identified 3 large Target Areas with High-Grade Au Mineralization

  • Golden Zone Breccia Pipe Deposit - NI 43-101 resources ~300 Koz Au and 1.5 Moz Ag –
  • pen pit deposit that anchors any future larger discovery
  • Copper King to S Long Creek large scale targets with potential of porphyry style affiliation
  • r a hybrid porphyry/IRGS style
  • New large scale gold target (JJ Zone) discovered by prospecting

10

Advanced-Stage Exploration Project: Regional Scale Multi-Million Ounce Gold Targets

TSX-V: AVG

JJ Zone: 6.14 g/t Au, 5.41 g/t, 3.83 g/t, 2.08 g/t Au Copper King to S Long Creek Trend: High-grade Au + base metals Breccia Pipe Deposit (+ 300 Koz Au) & Mayflower Extension Zone 15 km Mineralized Trend Cohio: 9.17 g/t Au, 15.0 g/t Au, 111.0 g/t Au

slide-11
SLIDE 11

Avidian Gold

Golden Zone Property |

11

TSX-V: AVG

Anchor Open-Pit Gold Ounces: Enhances Any Future Peripheral & Property Discoveries

West Breccia Area 14.64 g/t Au, 355 g/t Ag

Mayflower Extension

BLT Shear - Open > 1 km 21.6 m @ 1.46 g/t Au 2.1 m @ 2.4 g/t Au 10.5 m @ 1.54 g/t Au 6.1 m @ 8.31 g/t Au (Trench)

GZ18-04 GZ18-02 & 03 GZ18-01

Breccia Pipe Deposit

17.7 m @ 2.12 g/t Au 17.7 m @ 1.04 g/t Au;

  • incl. 3.0 m @ 2.6 g/t Au

107.3 m @ 4.76 g/t Au 21.6 m @ 1.66 g/t Au;

  • incl. 3.6 @ 5.53 g/t Au

Conceptual Pit Outline

Breccia Pipe Deposit*

Indicated Resource of 267,400 oz Au

(4.2 million tonnes of 1.99 g/t Au)

Inferred Resource of 35,000 oz Au

(1.4 million tonnes of 0.83 g/t Au)

Peripheral Mineralization Potential

Ø Mayflower Extension (~ 350 m trend adjacent to the Breccia Pipe Deposit) § Holes GZ81-01 to GZ18 – 03 § Still open internally, southwest to hole GZ17-05 and to the northeast Ø BLT Shear Zone §

  • Approx. 1.5 km of mineralization

Ø New breccia discovery (West Breccia Pipe) 400 m west of Breccia Pipe Deposit - yet to be drill tested

* See Appendix for details

§ 2016 Resource. Open–pit mining (3.6 strip ratio) and conventional milling and processing. Majority of the Au mineralization appears free milling. Note: Base metals not analyzed. § Assay capping values : Porphyry- 20 g/t Au, Silica Breccia- 25 g/t Au, Sulphide Breccia- 35 g/t Au; Porphyry- 60 g/t Ag, Silica Breccia- 130 g/t Ag, Sulphide Breccia- 200 g/t Ag, Shear Zone- 40 g/t Ag. § Blocks within a Whittle shell generated using a $1,350/oz gold price are classified as Inferred. Blocks outside of the floating cone are not classified.

slide-12
SLIDE 12

Avidian Gold

12

Golden Zone Property |

West Breccia Area 14.64 g/t Au, 355 g/t Ag Mayflower Extension

BLT Shear - Open > 1 km

Longitude Section – BLT Zone

Anchor Open-Pit Gold Ounces: Enhances Any Future Peripheral & Property Discoveries

BLT Zone – Potential to add further resources Sparsely drill tested

TSX-V: AVG

slide-13
SLIDE 13

Avidian Gold

Golden Zone Property | JJ Zone – A New Prospecting Discovery

13

New Discovery within the Golden Zone Corridor; 5 km southwest of the Breccia Pipe Deposit – surface expression 500m L x 300m H x 150m W TSX-V: AVG

JJ Zone: 6.14 g/t Au, 5.41 g/t, 3.83 g/t, 2.08 g/t Au Copper King to S Long Creek Trend: High-grade Au + base metals Breccia Pipe Deposit (+ 300 Koz Au) & Mayflower Extension Zone 15 km Mineralized Trend Cohio: 9.17 g/t Au, 15.0 g/t Au, 111.0 g/t Au

150 m

300 m vertical exposure from top of mountain peak (not seen here) to valley floor

slide-14
SLIDE 14

Avidian Gold

Nevada Properties

14

High Prospectivity in a World Class Mining Jurisdiction

Reno Las Vegas

Walker Lane Trend B a t t l e M t

  • E

u r e k a T r e n d Carlin Trend Getchill Trend H u m b

  • l

d t T r e n d

Elko

Independence Trend

Past & Present Au Producers ! Carlin Trend: +100 Moz ! Battle Mt/Eureka Trend: +50 Moz ! Walker Lane Trend: 50 Moz

100 km

Jungo Dome Hill

Project Jungo Dome Hill Ownership 100% 100% Claims / Size 235 claims (1,960 ha) 78 claims (600 ha) Target 5 km long gold-copper system with mineralization in a magmatic-hydrothermal environment between the Hycroft (25 Moz Au) and Sleeper (7 Moz Au) deposits Island arc, intrusion-related system with structurally controlled Au-Cu mineralization along NNE trending structures +6 km of known high sulphidation vein systems, all open and untested Numerous high-grade grab samples: 45.7 g/t Au, 31.8 g/t Au, 27.5 g/t Au Previous Drilling 4.3 m @ 1.7 g/t Au, 57.7 g/t Ag and 2.7% Cu 1.5 m @ 2.5 g/t Au, 71.6 g/t Ag and 0.7% Cu 12.2 m @ 1.3 g/t Au, 28.6 g/t Ag and 0.7% Cu 4.6 m @ 4.7 g/t Au 1.5 m @ 9.7 g/t Au

TSX-V: AVG

slide-15
SLIDE 15

Avidian Gold

Avidian Capital Structure as of June 28, 2019

15

Ticker Symbol TSXV: AVG Issued and Outstanding Shares 64.15 M Warrants Outstanding 8.6 M Options Outstanding 3.5 M (1) Fully Diluted Outstanding 76.2 M Management, Directors & Insider Ownership 20% Debenture (Feb, 2022 - converts at $.40) $708 K Market Cap (approx.) $7.0 M

(1) options granted with exercise price primarily at $0.60 – premium to market

Went Public in Dec 2017 TSX-V: AVG

slide-16
SLIDE 16

Avidian Gold

Looking Ahead

16

Field Crews Mobilized to Amanita and Golden Zone Projects Ø Amanita Property:

  • Trenching of the Tonsina Trend to establish dimensions of known

mineralization - anticipate drilling late summer/fall

Ø Golden Zone Property:

  • On going compilation of data and field work to refine drill targets in:
  • Breccia Pipe/Mayflower Extension Zone – increase established resource
  • Further detailing of the new “JJ Zone” to establish drill pattern
  • Helicopter based prospecting for other JJ type zones have been identified

Ø Maximize Value of High Tide Resources

  • Subsidiary Company with Canadian properties – financed $360 FT
  • Programs on existing properties - On-going search for additional assets
  • Expect to go public in 12-24 months – shares most likely issued to AVG

Shareholders in a tax friendly manner

Ø Maximize Value of Nevada Assets

  • Nevada spin out of Jungo and Dome Hill? Only if 1 +1 = 3

TSX-V: AVG

Exploration Discovery Value Creation

slide-17
SLIDE 17

Avidian Gold

17

ü Dedicated Team with a

Track Record Experienced - Able to Execute – Significant Insider investment

ü Business Plan

Creating transformational shareholder wealth through exploration – discovery & sale

ü The Right Assets in

the Right Place Properties in Mine friendly, politically stable jurisdictions Projects located within prolific, historically productive Gold Belts near world-class gold deposits

ü Resource Established

Mining Lease in place and focused on expanding 300K Ounce Gold Resource at the G.Z.

ü Advanced Exploration

Portfolio $40 Million Historical Data Base - 5 known targets with multi million ounce potential

ü Timing

Avidian is perfectly positioned to capitalize on the Bull Market in Gold!!

TSX-V: AVG

Why Invest in Avidian Gold

slide-18
SLIDE 18

Contact Information

David Anderson, Chairman & CEO, Director +1 403 688 8863 Email: danderson@avidiangold.com Avidian Gold Corp. 18 King St East, Suite 902 Toronto, Ontario Canada M5C 1C4 Tel: +1 647 259 1786 Fax: +1 647 259 1785 e-mail: info@avidiangold.com

TSX-V: AVG info@avidiangold.com

slide-19
SLIDE 19

Avidian Gold

Appendix | Board of Directors

19

Experience Achievements

David Anderson B.Sc. P.Geo, Chairman & CEO, Director See Management James Polson MBA Director +20 years Mining service industry and studied Mechanical and Mechatronic Engineering CEO of a Hong Kong based Construction and Mining Services company and board member of the Hong Kong Construction Industry Council Training Association Civil Engineering Sub-Committee. Was a co- founder of AIDD Group which went on to become leading international mining service group in the North East and Central Asian region. Founding member of MISA (Mineral Industry Safety Association) in Mongolia. Awarded the Emerging Leaders award for Entrepreneurship from the IVEY School of Business in 2011. Douglas J. Kirwin, B.Sc., M.Sc., FSEG. +45 years International exploration

  • experience. Held senior

positions with Anglo American, Amax, Indochina Goldfields and Ivanhoe Mines Limited. Member of the joint discovery team for the Hugo Dummett deposit at Oyu Tolgoi in Mongolia, Other mineral discoveries made by his exploration team include the Jelai-Mewet and Seryung epithermal deposits in northeast Kalimantan, the Eunsan-Moisan gold mines in South Korea, the Moditaung gold deposits in Myanmar and the Merlin Re-Mo deposit in Australia. Co-recipient of the PDAC inaugural Thayer Lindsley medal awarded for the most significant international mineral discovery in 2004. Dino Titaro, M.Sc., P.Geo Director +35 years International experience in mineral exploration, mining

  • perations & consulting

Co-discoverer of 2 major deposits, a gold-copper and gold-sliver deposit (currently in production) totalling 8.4 million oz of Au and 1.4 billion pounds of Cu. Former executive positions and current board

  • f director of private junior companies and senior mining public company.

TSX-V: AVG

slide-20
SLIDE 20

Avidian Gold

Appendix | Detailed Property Information

Ø Golden Zone (100%) § 105.5 sq km § Avidian owns 29.4% of the property with a purchase agreement to acquire the balance of 70.6% for US $875,000 in cash ($275K paid to date) & US $1,125,000 of stock ($450K paid to date) over a 7 year period (to 2023), plus a work commitment

  • f US $2,000,000 over 5 years, with minimum expenditures of US $200,000/yr (full

commitment already completed) § 3 % NSR of which 1.4% can be bought out for US $1,400,000 at Avidian’s option and an additional 1.6% for US $1,600,000 at vendors’ option on 59.9 sq km and 1% NSR on 12 sq km. § Holding Cost of approx. US$ 35,000 per year (lease and claims rentals costs & general overhead costs) Ø Amanita (100%) § 88 Claims (14.6 sq km) § 3% NSR that can be bought for US $1 million per % point § Lease payments totaling US $1,235,000 spread out over 15 years (starts at $15,000 in 2016, $25,000 in 2017, $30,000 in 2018 and escalates $10,000 per year to the 15th year) with a US $3 million buyout. § Holding Cost/land fees of approx. US $25,000 per year

20

Ø Jungo (100%) § 235 Claims (19.6 sq km): NSR:2% NSR on 35 Claims § Holding Cost/land fees of approx. US $40,000 per year Ø Dome Hill (100%) § 78 Claims (6 sq km): 2% NSR on 20 acres, buyout of 1% for US $250,000; § Holding Cost of approx. US$17,000 per year (includes annual lease payments on 40 acres of US $2,000 per year) TSX-V: AVG

slide-21
SLIDE 21

Avidian Gold

21

Open-Pit

0.5 g/t Au Cut-off (as of Nov 2016)

Category Deposit Type Tonnes Au Ag

Grade (g/t) Ozs Grade (g/t) Ozs

Indicated

Porphyry 1,811,000 0.89 52,200 3.2 186,300 Silica Breccia 369,000 0.93 11,100 8.64 102,500 Sulphide 2,007,000 3.17 204,300 17.19 1,109,000 TOTAL 4,187,000 1.99 267,400 10.38 1,397,800

Inferred

Porphyry 142,000 0.75 3,400 1.84 8,400 Shear Zone 1,216,000 0.83 32,600 2.65 103,400 TOTAL 1,353,000 0.83 35,900 2.56 111,400

§ Open–pit mining (3.6 strip ratio) and conventional milling and processing. Majority of the Au mineralization appears free milling. Note: Base metals not analyzed. § Assay capping values : Porphyry- 20 g/t Au, Silica Breccia- 25 g/t Au, Sulphide Breccia- 35 g/t Au; Porphyry- 60 g/t Ag, Silica Breccia- 130 g/t Ag, Sulphide Breccia- 200 g/t Ag, Shear Zone- 40 g/t Ag. § Blocks within a Whittle shell generated using a $1,350/oz gold price are classified as Inferred. Blocks outside of the floating cone are not classified.

Appendix | “Breccia Pipe Deposit” Mineral Resource Statement

High Grade Feeder Not Fully Tested

GZ18-4

4 5 2 m

Proposed

TSX-V: AVG

slide-22
SLIDE 22

Avidian Gold

22

Operation Fort Knox (Kinross) Amanita Contained Gold +8 Moz Gold Undetermined Geology Gold in Cretaceous Granite Gold adjacent to or on top of interpreted buried granite at Tonsina Trend Corridor Within Corridor of Two NE Structures Along Strike in Same Corridor Mine Type Open pit mine Known gold mineralization all in open pit-able setting Host Rock Extensive Biotite Hornfels Aureole Extensive Biotite Hornfels Aureole Indicator Gold occurs with Bismuthinite, Scheelite, Arsenopyrite and Quartz-feldspar Veins Gold occurs with Bismuthinite, Scheelite, Arsenopyrite and Quartz-Feldspar Veins Metallurgy Model shows inner Au-Bi, halo of Sb-As Soils show inner Au-Bi, halo of Sb-As Stage Present grade of approx. 0.5 g/t Au; Cut-off Grade 0.16 g/t Au 30 of 39 drill holes intersected >1.0 g/t Au over 1.5 m: VG reported in several holes and seen in local float

Appendix | Comparison Between Fort Knox and Amanita

TSX-V: AVG

slide-23
SLIDE 23

Avidian Gold

23

IRGS Deposit Types Shallow level systems

  • Breccia - veins
  • Stockwork/disseminated with

domes, sills, and dikes Peripheral

  • Skarn - replacement
  • Veins and shear zones

Intrusion-hosted

  • Sheeted +/- stockwork quartz

veins

  • Greisen-style, disseminated

“All 3 mineralization types found on the GZ property, potential for large multi-million Au deposit(s)”

Appendix | Intrusion Related Gold Systems

TSX-V: AVG

Skarn Replacement Mineralization Au-Ag-Cu-Zn-Pb

  • eg. Banner

Conglomerate Replacement Mineralization (Cu-Au-Ag)

  • eg. Long

Creek Stockwork/Porp hyry Veins (Cu-Au-Ag ± Mo)

  • eg. Copper King

Mineralized Breccia plus Sheeted/Stockwork Veins (Au-Ag-Cu ± Zn-Pb)

  • eg. Breccia Pipe

Shear Zone Veins (Au-Ag-Cu-Zn-Pb)

  • eg. BLT Zone

Distal Veins Au – Ag – As - Bi ± Zn, Pb, Cu

  • eg. Riverside

IRGS Intrusion: feldspar-quartz porphyry Porphyry/IRGS Intrusion: quartz eye porphyry Skarn Replacement Mineralization (Cu-Au-Ag)

  • eg. Copper King

Conglomerate Replacement Mineralization (Au-Ag)

  • eg. Mayflower North

Golden Zone Corridor Long Creek Corridor

Mineralization Model for the Golden Zone Property