Zodiac Gold Inc · TSXV:ZAU
Zodiac Gold — Investor Presentation (June 2023)
30 slides from Zodiac Gold's investor presentation, Jun 16, 2023
Slide 1: Zodiac Gold Inc. Corporate Presentation
ZODIAC GOLD INC. N E W DISTRICT SCALE GOLD DISCOVERY IN LIBERIA Corporate Presentation Private & Confidential – Q3 2023
Slide 2: Disclaimer
Disclaimer This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical fact, that address events or developments that Zodiac Gold Inc. (“Zodiac Gold”) expects to occur, are forward-looking statemen
Slide 3: District-Scale Gold Discovery in Liberia
DISTRICT-SCALE GOLD DISCOVERY IN LIBERIA 100%-OWNED MOUNT COFFEE PROJECT SITUATED ALONG A MAJOR GOLD 5 HIGH-PRIORITY GOLD TARGETS IN LIBERIA STRUCTURE • District-scale 2,618km2 land package • Located on the massive (300 km long x 25 • Significant work completed to date: channel km wide) Todi Shear Z
Slide 4: Liberian Gold Mining Landscape
LIBERIAN GOLD MINING LANDSCAPE Todi Shear Zone – Central Liberia (300km+) • Mount Coffee Project located on the Todi Shear Zone • Great potential for gold exploration: known to host many gold occurrences and is underexplored • Hundreds of artisanal mining sites To di Sh ea rC The Dugbe Shear Zone –
Slide 5: Zodiac Gold's Property Holdings
ZODIAC GOLD’S PROPERTY HOLDINGS District-Scale Land Package in Liberia • 100%-owned (2,618 km2) land package including (418 km2) Mount Coffee flagship property and two Reconnaissance License Todi NW License areas (2,200 km2) overlying prospective geology and structures known to host gold mineralizat
Slide 6: Mount Coffee: Initial Five Gold Targets Identified
MOUNT COFFEE: INITIAL FIVE GOLD TARGETS IDENTIFIED Alasala • 2.4 km long x 250m wide soil anomaly with artisanal workings • Rock chips up to 107 g/t Au • Previously diamond drilled: best drilling result – 19.6 m @ 6.17g/t Au Arthington • 4+km long soil anomaly with artisanal workings • 24 trenches c
Slide 7: Satellite Interpretation and Prospectivity
SATELLITE INTERPRETATION AND PROSPECTIVITY • 2021 study defined 20 priority target areas associated with Precambrian age Composite Unit (z) material totaling over 400km2 areal extent within Mt Coffee and Todi NW and Todi SE license areas Todi NW License • Composite Unit (z) consists of: • Schists •
Slide 8: Why Target Arthington: Highlights
WHY TARGET ARTHINGTON: HIGHLIGHTS • 4+ km long gold in soil anomaly • Hard rock artisanal gold mining pits – Red Hill, Garang Base and Deep Mine pits • Shear zone exposed with sulphides and Visible Gold • Trenching confirms in-situ gold along the 4 km structure • Channel samples prove bedrock Gold m
Slide 9: Arthington: Pit Sampling
ARTHINGTON: PIT SAMPLING • Discovery of a 1000m long by 2- 20m wide shear zone called Arthington Shear Zone • Channel samples taken from artisanal pits returned multiple 1+ g/t Au + mineralized intervals with highest grade of 5.85 g/t Au over 3.0m (including 12.90 g/t Au over 1.0m) • Mineralization
Slide 10: Arthington: Trenching
ARTHINGTON: TRENCHING • Trenching confirms historical soil survey results • Multiple 1+ g/t Au+ mineralized intervals with the highest grade of 11.41 g/t Au over 3.0m (including 32.80 g/t Au over 1.0m) • Arthington and NW Extension Zones extend for more than 2.5 km along strike 10
Slide 11: Arthington: Phase 1 Scout Drilling Program
ARTHINGTON: PHASE 1 SCOUT DRILLING PROGRAM • Phase 1 Scout Drilling Program of 3,465m commenced in October 2021 • Completed July 2022 • Twenty-Two drill holes along ten drill fences with a spacing of approximately 100m completed • All drill holes have intersected the Arthington Shear below the Red H
Slide 12: Arthington: Phase 1 Scout Drilling Results
ARTHINGTON: PHASE 1 SCOUT DRILLING RESULTS ADD004: 57.00 m-58.00 m core sample interval with 25.20 g/t Au • Hole ADD-007 returned 7.31 g/t Au over 9.65m (from 87.35m) • Hole ADD-004 returned 10.6 g/t Au over 6.0m (from 55.0m) and 0.93 g/t Au over 8.5m (from 122.5m) • Hole ADD-001 returned 4.67 g/t A
Slide 13: Phase 1 Drill Results – High Grade & Shallow
PHASE 1 DRILL RESULTS – HIGH GRADE & SHALLLOW ADD004 core box (57.42 – 61.31m) showing a section of the [email protected] g/t Au interval of sheared amphibolite withdisseminatedsulphide. 25.20 g/t Au From (m) To (m) Interval (m) Au g/t 55.00 56.00 1.00 1.19 20.90 g/t Au 56.00 57.00 1.00 15.25 57.00 58.00 1
Slide 14: Historical & Near-Term Milestones
HISTORICAL & NEAR-TERM MILESTONES October 2021 August 2022 December 2022 July 2023 October 2023 December 2023 Initiated Go-Public Target to close Commence trading on Target to launch Follow-on Closed C$3.3M Phase 1 Drill Program Strategy Concurrent Financing TSXV Financing to fund Phase 3 equity fin
Slide 15: Public Listing & Phase 2 Drill Program
PUBLIC LISTING & PHASE 2 DRILL PROGRAM • In the process of completing a reverse takeover to list Zodiac Gold Inc. on the TSX-V Next 12-Months Use of Proceeds • LOI signed with a shell with C$600k-C$1M cash Financing Commissions C$0.05M • Up to C$2.0M concurrent financing well underway Listing Costs
Slide 16: Capital Structure: Insiders with Skin in the Game
CAPITAL STRUCTURE: INSIDERS WITH SKIN IN THE GAME Pro Forma Capital Structure Equity Breakdown % of % of Shareholder Group Shares Concurrent Basic Diluted Financing Shell1 11,187,828 15% 10% 10% Shell 14% Zodiac Gold Issued & Outstanding2 55,284,194 75% 49% Concurrent Financing (C$1.37M)3 7,611,111
Slide 17: Team – Boots on the Ground In-Country
TEAM – BOOTS ON THE GROUND IN-COUNTRY David Kol – Chief Executive Officer, Founder, and Director • Experienced international business and start-up executive • 20+yr track record in business development, M&A, and executive management, across mining, media & entertainment, real estate and technology •
Slide 18: Board of Directors and Advisory Board
BOARD OF DIRECTORS AND ADVISORY BOARD Board of Directors Advisory Board Douglas Cater, P.Geo FGC |Independent Director Renaud Adams|Corporate Governance & Leadership • Professional geologist with +35 years of experience in the gold mining and exploration business • 30 years of global mining experien
Slide 19: Liberia: Stable, Growing and Mining Focused
LIBERIA: STABLE, GROWING AND MINING FOCUSED Africa’s oldest modern republic Over 300% GDP growth between Pro-mining Government, EITI- There are many major natural 2003 and 2019 compliant since 2011 resources companies that are Government modelled on the US invested in and have been Mining Code based
Slide 20: Investment Highlights
INVESTMENT HIGHLIGHTS • One of the largest land position holders (2,618 km2) in a new emerging gold Location district in West Africa with artisanal production and new major gold discoveries within the property • Drilling results show a pathway for identifying significant gold deposits on the Timing
Slide 21: Growth Strategy
GROWTH STRATEGY Build a large portfolio of high quality gold exploration properties Organic growth on the Mount Target early-stage high potential Focus on acquisition through Coffee project through gold exploration properties in direct prospecting licenses and continued exploration work targeted pro
Slide 22: ESG
ESG Community Engagement • Since 2011, Zodiac and its predecessor have been carrying out ongoing community engagement with local villages and artisans (provided funds toward building teachers’ quarters Road construction and repairs for a local school, town hall, provided farming equipment, building
Slide 23: Contact Us
Contact Us David Kol, Chief Executive Officer Efdal Olcer, VP Exploration Phone: +1 702 296 1155 Phone: +90 505 740 9705 Email: [email protected] +231 779 278 466 Email: [email protected] Website: www.zodiac-gold.com 23
Slide 24: Appendix
Appendix 24
Slide 25: Comparatives
COMPARATIVES Shares Company Ticker Price Market Cap. Country/Project Resource/Results Outstanding Desert Gold Ventures Inc. DAU $0.07 195,466,400 $13,682,648 Mali M&I 0.3Moz Au, Inferred 0.7 Moz Au Sarama Resources Ltd. SRR $0.08 137,922,200 $11,033,776 Burkina Faso M&I 0.6 Moz Au, Inferred 2.3 Moz
Slide 26: 323400E Cross Section – Holes ADD001 and 002
323400E CROSS SECTION – HOLES ADD001 AND 002 • ADD001 highlights are 5.65 m at 3.86 g / t Au and 6 m at 1.15 g / t Au and were intersected at 17 m and 22 m below surface • ADD002 highlights are as follows: • 17 m at 1.10 g / t Au – gneiss / amphibolite sequence, 47 m below surface • 7.9 m at 0.87 g
Slide 27: 323300E Cross Section – Holes ADD003, 004 and 007
323300E CROSS SECTION – HOLES ADD003, 004 AND 007 • Results for hole ADD003 included 10 m at 1.01 g / t Au • ADD004 included 6 m at 10.60 g / t Au. • ADD007 targeted the down-dip extension of the high-grade zone intersected in ADD004. • The hole intersected 9.65 m at 7.31 g / t Au, including 3 m at
Slide 28: 323200E Cross Section – Holes ADD005, 006 and 008
323200E Cross Section – Holes ADD005, 006 and 008 • The results of ADD005, ADD006 and ADD008 were received in June 2022. • ADD006 and ADD008 returned significant intersections of 5 m 1.03 g / t Au (75 m below surface) and 8 m at 1.00 g / t Au (135 m below surface) in the Red Hill Field shear zone. •
Slide 29: 323500E Cross Section – Holes ADD015 and 016
323500E CROSS SECTION – HOLES ADD015 AND 016 • Similarly to ADD001 and ADD002, approximately 100 m to the west, the gneiss / amphibolite zone in ADD015 and ADD016 returned significant intersections, including: • ADD015 – 15.38 m at 1.06 g / t Au, 16 m below surface and 4.00 m at 1.29 g / t Au • ADD0
Slide 30: Analogy: Red Hill and Garang Base
ANALOGY: RED HILL AND GARANG BASE GarangBase Artisanal Pit-Looking NW, the shear Hand specimen from bottom of GarangBase pit. Redhill Artisanal Pit-Looking NW, the shear zone and mineralization dipping south(to zone and mineralization shallowly dipping south(to Sheared amphibolite with sulphides the