ersonal use only
Unlocking an Entire Gold Corridor
Alice River Gold Project
ASX : PGO
24 March 2022 - Brisbane Mining Investor Conference
Cautionary Statement
Disclaimer & competent persons statement
PURPOSE OF THIS DOCUMENT
This presentation has been prepared by Pacgold Limited ("PGO") for general information purposes only using the information available to PGO at the time of publication. This presentation onlydoes not purport to be all-inclusive or to contain all the information that you or any other party may require to evaluate the prospects of PGO.
NO RELIANCE
The information contained in this presentation is not investment, tax, accounting, legal or financial product advice and is not intended to be used as the basis for making any investment decision. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. To the fullest extent permitted by law, PGO, its related bodies corporate and their representatives expressly disclaim liability for any loss or damage arising in respect of your reliance on the information c ntained in this presentation (including your reliance on the accuracy, completeness or reliability of that information), or any errors in or omissions from this presentation, including any liability arising from negligence.
EXCLUSION OF REPRESENTATIONS OR WARRANTIES
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this usepr sentation. To the maximum extent permitted by law, none of PGO's directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness of any forecasts, prospects or returns contained in this presentation nor is any obligation a umed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies. Before making any investment decision, you should consider whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. Past performance is no guarantee of future
performance. You should seek professional advice from your accountant, financial adviser, stock broker, lawyer or other professional adviser before making any investment decision.
FORWARD LOOKING INFORMATION
Certain statements in this presentation constitute "forward looking information" that is based on expectations, estimates and projections as of the date of this presentation. This forward- ersonalooking information includes, among other things, statements with respect to PGO's business strategy, plan, development, objectives, performance, outlook, growth, cash flow, projections, t rgets and expectations, and exploration results. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as 'outlook', 'anticipate', 'project', 'target', 'likely',' believe', 'estimate', 'expect', 'intend', 'may', 'would', 'could', 'should', 'scheduled', 'will', 'plan', 'forecast', 'evolve' and similar expressions. These statements are subject to risks and uncertainties. The forward looking information should not be relied upon as representing the view of PGO after the date of this presentation. PGO has attempted to ide tify important factors that could cause actual actions, events or results to differ materially from those current expectations described in the forward looking information. There can be no assurance that the forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place undue reliance on the forward looking information. PGO disclaims any intent or obligations to or revise any forward-looking statements whether as a result of new
inf rmation, estimates, or options, future events or results or otherwise, unless required to do so by law.
EVENTS AFTER THE DATE OF THIS DOCUMENT
Statements in this presentation are made only as of the date of this presentation unless otherwise stated and the information in this presentation remains subject to change without notice. PGO is not responsible for updating nor undertakes to update this presentation.
ASX: PGO | 2
COMPETENT PERSONS STATEMENT
The information in this document that relates to Exploration Results is based on, and fairly represents, information compiled or reviewed by Mr Tony Schreck, who is a Member of The Australasian Institute of Geoscientists. Mr Schreck is PGO's Managing Director and holds shares and options in PGO.
Mr Schreck has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.
Mr Schreck consents to the inclusion in the public report of the matters based on his information in the form and context in which it applies.
Company Snapshot - ASX: PGO
Tight Capital Structure
Capital Structure | Shareholders | Key Facts |
onlyA$0.73
Share Price @ 22/03/22
49.3M
Ordinary Shares
use5.5M
Unlisted Options @ 31c, 36c and 42c
ersonalASX: PGO | 3
Top 20 | • | Only 49.3M shares on issue | |
A$35.9M | 37% | ||
Other | • | Strong institutional support: | |
Market Cap | 37% | ||
@ A$0.73 / Share |
A$32.7M
Enterprise Value
A$3.2M | Management | |
Directors / | ||
Cash Balance | 13% | Top 20 Institutional Investors |
@ 31/12/21 | 13% | |
Pacgold (ASX:PGO)
Best performing gold IPO on the ASX for 2021
25c IPO July 2021
Investment Highlights - Unlocking an Entire Gold Corridor
PACGOLD LIMITED (ASX:PGO)
only | Outstanding success applying modern exploration to an overlooked |
historical goldfield | |
Discovery of the high-grade F1a zone (Central Target) | |
use | • 17m @ 9.3g/t Au from 192m incl. 3m @ 25.3g/t Au from 195m |
• 43m @ 3.0g/t Au from 214m incl. 6m @ 17.5g/t Au from 216m | |
• 26m @ 3.6g/t Au from 104m incl. 3m @ 21.0g/t Au from 126m | |
ersonal | • Resource definition drilling commencing April 2022 (2 rigs on site) |
Granted Mining Leases in place to fast-track development
Experienced team delivering Discovery Driven Growth
ASX: PGO | 4
onlyuse ersonalASX: PGO
OPERATING AIRSTRIP
FRESH WATER DAM
CAMP
AQ OPEN PIT
PREVIOUS GOLD MILL CIRCA 2000
| 5
Alice River Gold Project Overview
Acquisition & Mining History
- Limited exploration over past 20 years (held by private company) - Pacgold acquired the project in Dec 2020
- Overlooked opportunity - Pacgold achieving rapid success applying modern exploration
- Pacgold owns the project 100% - Minimal upfront payments - success milestone payments linked to JORC indicated resource definition and a 2% NSR.1
- Targets secured under 8 granted Mining Leases and 5 granted EPMs
Mining History
1900's | Late 1980's | Late 1990's |
Several underground mines | Open pit mining to 40m, | Colluvial & alluvial ore, |
up to 40m deep over 3km, | 30,000oz @ 5.6g/t Au | 3,000oz Au @ 2.5g/t Au |
3,000oz Au @ 30g/t Au |
1980's - 1990's campaigns - Gold produced via Carbon in Pulp (CIP) processing
1 Full acquisition terms are detailed in Pacgold's IPO Prospectus dated 25 May 2021 - ASX release 06/07/2021
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Pacgold Ltd. published this content on 22 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 01:03:04 UTC.