TSX-V: HIGH OTCQX: HGMIF
Precious Metals Summit, Beaver Creek, Co September 14, 2023
Investment Thesis Summary
Why HIGH and Why Now
Johnson Tract - High-quality,high-grade gold (zinc-copper) deposit in coastal Alaska
- Grade + Width
- Excellent exploration upside, some of the best drill intersections globally
- Development optionality, de-risking/shortening path to potential future development
- Active 8,000m drill program underway
New Spin-out - HighGold controls 5M Shares of Onyx Gold spinout
- Exposure to Snowline District and Massive Timmins land package
Strong Treasury - C$16M in cash and marketable securities
Tremendous Value - Very low entry price
People - Very experienced management and technical team - in the right hands
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TSX-V: HIGH
OTCQX: HGMIF
MANAGEMENT
INDEPENDENT DIRECTORS
People Experience, Jurisdictional Expertise, Multiple Discoveries
Darwin Green, MSc, PGeo | President & CEO, Director
Entrepreneurial mining executive with discovery track record in Alaska, technical and capital market strength
Ian Cunningham-Dunlop, B.ASc, Peng | Sr VP Exploration
Seasoned mining executive, major successes include VP Exploration for Fronteer Gold, acquired by Newmont for $2.3 billion
Devin den Boer, B.Sc., PGeo | VP Operations, Alaska
25 years' global experience advancing multi-million ounce gold projects for Kinross, Goldfields and AngloGold Ashanti
Nathan Steeves, PhD, | Chief Geoscientist
Technical expert in ore system geology and application of new technology and innovative exploration methods
Aris Morfopoulos, B.Comm | CFO, Director
Nicole Hoeller | VP Corporate Communications
Previously VP Communications for Sabina Gold & Silver acquired by B2Gold Corp for $824M
Mike Cinnamond, CPA, LL.B | Director (Independent)
CFO for B2Gold; previously audit partner at PWC
Michael Gray, MSc | Director (Independent)
Leading mining analyst, Agentis Capital; previously Team Head, Canada and Managing Director for Macquarie Capital Markets
Lance Miller PhD | Director (Independent)
VP Natural Resources for NANA, one of 12 Alaska native regional corporations; 30 years' minerals industry experience
Anne Labelle B.Sc., LL.B | Director (Independent)
Former VP of Legal & Sustainability for Midas Gold Corp., managing all aspects of legal, sustainability and regulatory affairs
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TSX-V: HIGH
OTCQX: HGMIF
Capitalization Structure & Research Coverage
September 1, 2023
Shareholders
Analyst Coverage
Issued & Outstanding
Warrants
Options
Fully Diluted
Market Capitalization
(recent trading range C$0.40 - $0.60)
Cash (no debt)*
Marketable Securities
- million
- million
- million
- million
~C$40M
C$13.0M
C$3.0M
RetailInstitutional
45%35%
9.9% | 10% | Close Associates | |
Senior Gold | & Management | ||
• | R. McEwen | ||
Producer | • | J. Robins |
Newsletter Coverage
Brien Lundin
Joe Mazumdar
Jay Taylor
Eric Coffin
Thom Calandra
-
Cash and marketable securities as of June 30, Q2 Financial Statements. Expenditures for July & Aug during active Advanced Exploration & Drilling at Johnson est. $1.5 - $2M a month
HIGH GRADE GOLD IN NORTH AMERICA
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OTCQX: HGMIF
Johnson Tract - High-Grade Au (Zn-Cu), Alaska USA
100% focus on advancing JT Deposit and new discoveries in the Johnson District
JT Deposit Resource
- Moz @ 9.4 g/t AuEq Ind (40m true width)
- Moz @ 4.8 g/t AuEq Inf*
Gold with Critical Mineral coproducts Zn + Cu
Located on Alaska Native Corp lands in coastal southcentral Alaska
Multi-deposit district potential
*3.5 Mt Indicated @ 5.3 g/t Au, 6 g/t Ag, 0.6% Cu, 5.2% Zn, 0.7% Pb (9.39 g/t AuEq) 0.7 Mt Inferred @ 1.4 g/t Au, 9 g/t Ag, 0.6% Cu, 4.2% Zn, 0.3% Pb (4.76 g/t AuEq)
See report titled "Updated Mineral Resource Estimate and NI 43-101 Technical Report for the Johnson Tract Project, Alaska," dated August 25, 2022. Gold equivalent "AuEq" = Au g/t + Ag g/t × 0.01 + Cu% × 1.27 + Pb% | |
× 0.31 + Zn% × 0.59. Assumed prices of USD $1650/oz Au, $20/oz Ag, $3.50/lb Cu, $1/lb Pb, $1.50/lb Zn and assumed payable metal recoveries of 97% Au, 85% Ag, 85% Cu, 72% Pb, 92% Zn. | TSX-V: HIGH |
HIGHGOLDMINING.COM
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OTCQX: HGMIF
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Highgold Mining Inc. published this content on 14 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2023 08:52:05 UTC.