Prodigy Gold Nl · ASX:PRX
Prodigy Gold Nl — RIU Explorers Conference 2020
21 slides from Prodigy Gold Nl's conference presentation, Feb 19, 2020
Slide 1: The road to discovery in the Tanami
ASX:PRX For personal use only The road to discovery in the Tanami Systematic exploration of one of Australia’s leading gold regions RIU Explorers Conference 19th February 2020
Slide 2: Important information and competent person
Important information and competent person For personal use only IMPORTANT INFORMATION You should not act or refrain from acting in reliance on this presentation material. You should conduct your own investigation, perform your own analysis and obtain independent professional advice, in This present
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure ASX:PRX Board of Directors Shares on Issue 580.6m Tommy McKeith Non-Executive Chairman (Evolution, ex-Gold Fields) Unlisted options 23.1m Matt Briggs Managing Director (ex-Gold Fields) Net Cash1 A$12.6m Brett Smith Non-Executive Director (Dr
Slide 4: Experienced Management
Experienced Management For personal use only Successful explorers that understand what it takes to build a mine Non-Executive Chairman - Mr Tommy McKeith BSc Hons (Geol), GDE (Mining), MBA, Fellow AusIMM • Resource company executive with 28 years’ experience in various exploration, business developm
Slide 5: Investment Highlights
Investment Highlights Assets an explorer needs and a producer wants... For personal use only Enviable greenfields and brownfields portfolio in highly prospective Tanami region • Massive strategic land holding in proven Tanami gold province • Region is home to multiple 1Moz+ discoveries including New
Slide 6: Diversified & Well Funded Portfolio
Diversified & Well Funded Portfolio For personal use only Tanami Ground Package – PRX 100% WA NT • Same corridors as Callie 14Moz (Newmont) & Groundrush 1.7Moz (NST) • Bluebush: Includes Hat, Capstan North, Capstan South, Apertawonga prospects • Hyperion: Includes Indicated & Inferred Resource of 4.
Slide 7: Tanami Step Change is Underway
Tanami Step Change is Underway For personal use only Prodigy Gold has been at the forefront of this transformation which has increased drilling across the Company’s portfolio from approx. 5,000m to 46,000m per year. • Several of the industry’s major players - including Newmont, Newcrest Mining and N
Slide 8: Road to Discovery – Strategy & Execution
Road to Discovery – Strategy & Execution For personal use only Exploration Strategy Execution Past 12 Months 1. Screen 100% owned portfolio for new large- 46,000m drilled (combined aircore, RC and diamond) scale gold deposits analogous to the 14.2Moz across PRX portfolio in 2019 Callie Gold Mine i
Slide 9: Aggressive Exploration Program
Aggressive Exploration Program For personal use only Staged work program underway to screen all priority projects for large deposits Early Stage Exploration Metres 50,000 40,000 30,000 20,000 10,000 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Increasing drilling across the portfolio 9
Slide 10: Screening the Tanami for Large Deposits
Screening the Tanami for Large Deposits 46,000m drilled in 2019 For personal use only Strategy • Focus on the same rocks in the same structural setting as the target deposits • Systematic exploration • 1km x 1km bedrock drilling + geochem + CTJV (NST) geophysics • Framework AC to see through cover W
Slide 11: Hat Prospect – Encouraging Early Stage Results
Hat Prospect – Encouraging Early Stage Results For personal use only • Similar rock sequence and structural setting as 14Moz Callie Deposit • 3km of gold anomalism • Follow-up drilling planned Hat ASX 5 June 2018, 12 June 2018, 2 August 2018, 15 October 2018, 18 December 2018, 9 December 2019 11
Slide 12: Hyperion Project
Hyperion Project Emerging camp scale opportunity For personal use only • 4.9 Mt at 1.95g/t for 310koz of gold1 • Strategically located resource: • 19km from 1.6Moz Groundrush Deposit (Northern Star) • 58km from Central Tanami JV Plant (Northern Star) • Seuss high grade [email protected]/t Au, HYDD100054 15m
Slide 13: North Arunta
North Arunta For personal use only Waldron’s 4km x 1.5km Au-As-Sb-Mo-Ag-Cu-in-soil. Open Harrison 4.2km x 1km Au-in-soil. Open Kroda 57m @ 3.8 g/t Au from 12m incl. 9m @ 20 g/t 6m @ 26.0 g/t Au from 33m 24m @ 4.3 g/t Au from 24m Eleanor Open 6km x 4km Au-As-in-soil. Undrilled Lennon 7km x 3km Au-Cu-
Slide 14: Joint Ventures: Unlocking the Province
Joint Ventures For personal use only Unlocking the Province 14
Slide 15: IGO JV - Lake Mackay
IGO JV - Lake Au, Cu, Co, Mn, Ni identified Mackay For personal use only • Grimlock Ni-Co extended to 4km Grapple • 1.8% Co in RC drilling Arcee [email protected] g/t Au, 20.7g/t Ag, 0.8% Cu, 0.5% Pb, 1.1% Zn & 0.1% Co • +97% Co + Mn and 85% Ni to [email protected]/t Au WA NT atmospheric leach • Swoop Ni-Co identified
Slide 16: Newcrest JV - Euro
Newcrest JV - Euro For personal use only $12M earn-in for 75% 2m @12g/t Au • Oberon and Callie style targets 2020 Target Area • RC drilling results (2019) • 2m at 12.0 g/t Au Oberon • 8m at 1.9 g/t Au Dune IP • 36m at 0.65g/t Au including 20m at 0.95g/t 20km • 1.4km long gold in oxide target defined
Slide 17: Newmont JV - Tobruk
Newmont JV - Tobruk For personal use only $14.5M1 earn-in for 70% • A$2.5M cash payments to Prodigy Gold of: • A$1.5M received at sign on • A$1M on election to proceed to Phase 2 • Newmont Goldcorp to fund up to $12M of exploration • Prodigy Gold financing option • 675 soil samples at laboratory Cal
Slide 18: Old Pirate Operator Agreement
Old Pirate Operator Agreement For personal use only • Strategic move to monetise non-core assets • TRL Tanami to operate Old Pirate Project • 10-year agreement • $2.3M cash + 2.5% NSR • Option for NSR buyout for $3M • Buccaneer Option • $2M exclusive option fee • $5M cash payment to go to 49% • PFS/
Slide 19: A Clear Focus on Unlocking Value in 2020
A Clear Focus on Unlocking Value in 2020 For personal use only 100%-owned Portfolio: Follow-up aircore and RC drilling at Bluebush Project to test several encouraging early stage targets including Hat RAB drilling of large scale soil Au anomalies at the North Arunta Project Additional aircore
Slide 20: Contact us
Contact us For personal use only Prodigy Gold NL ASX:PRX +61 8 9423 9777 [email protected] Level 1, 141 Broadway, Nedlands WA 6009, Australia
Slide 21: Prodigy Gold Resource Summary
Prodigy Gold Resource Summary For personal use only Indicated Inferred Total Project Date Cut-Off Grade Tonnes Grade Metal Tonnes Grade Metal Tonnes Grade Metal (g/t) (Mt) (g/t Au) (Koz) (Mt) (g/t Au) (Koz) (Mt) (g/t Au) (Koz) Old Pirate 1 Aug-16 1.0 0.04 4.6 7 0.72 4.7 109 0.76 4.7 115 Buccaneer2 A