Dfr Gold Inc · TSXV:DFR
Dfr Gold — Diamond Fields Resources — Investor Presentation (May 2022)
21 slides from Dfr Gold's investor presentation, May 27, 2022
Slide 1: A new West African Gold Explorer
A new West African Gold Explorer May 2022
Slide 2: Disclaimer
2 Disclaimer The data contained in this Presentation is provided for information purposes only. Certain information has been compiled from sources believed to be reliable. No information in this Presentation is to be construed as an offer to buy or sell securities. The reader agrees to hold Diamond
Slide 3: Project Portfolio
3 Project Portfolio* Gold in West Africa Other projects Labola, Burkina Faso (DFR 80% interest) • Exciting, high-potential gold project with Beravina, Madagascar (DFR 100%) • Hard rock zircon deposit Maiden Resource in December 2021 • NI 43-101 technical report filed in • Indicated Resource: 264,000
Slide 4: Experienced management team
4 Experienced management team* Brian Kiernan, Chairman Over 25 years experience in the exploration and mining business in Africa and North America. Previously CEO of the successful exploration and development company Moydow Mines International Inc where he oversaw the discovery and development of se
Slide 5: Board of Directors
5 Board of Directors In addition to Brian Kiernan, John McGloin and Sybrand Van Der Spuy, DFR’s Board (following completion of the Moydow acquisition) will comprise Albert C. Gourley, Non Executive Director Mr. Gourley is an experienced mining director and executive. He serves as the London, UK, Reg
Slide 6: Moydow Acquisition: Creating a new player in West Africa
6 Moydow Acquisition: Creating a new player in West Africa • Proposed acquisition of privately owned Moydow Holdings Limited (“Moydow”) which holds interests in portfolio of West African gold exploration projects announced August 2021 • Culmination of a rigorous search by DFR to identify a compellin
Slide 7: Details of Moydow Acquisition
7 Details of Moydow Acquisition • All-share deal: • 4,150,000 Moydow shares in exchange for 16.46 DFR Shares per Moydow share; and, 400,000 Moydow Options in exchange for 8.93 DFR Shares per Moydow Option • Aggregate 71,880,320 DFR shares valued at US$10.5m based on the last closing price of DFR sto
Slide 8: Labola project, Burkina Faso
8 Labola project, Burkina Faso • Previously multiple projects combined for the first time • Valuable historical exploration databases acquired (from High River Gold and Taurus Gold) • Large mineralized system within 30km x 5 km corridor • Multiple structures highlighted by geochemistry, geophysics,
Slide 9: Labola project, Burkina Faso
9 Labola project, Burkina Faso • Two large-scale exploration programmes between 2004 and 2012 by High River Gold and Taurus Gold surrounding several semi-mechanized licences within the DFR Labola project area • Aggregate of approximately 65,000m of RAB, RC and DD drilling completed • Exploration in
Slide 10: Labola – Mineralization
Labola – Mineralization • Birimian age metasedimentary package, primarily greywackes and schists, minor (mostly felsic) intrusions • Steeply dipping, shear controlled mineralization, some excellent broad near-surface intercepts • HRG and Taurus results confirmed by Moydow 2021 drilling • Straight fo
Slide 11: Labola – Geophysical Mapping
Labola – Geophysical Mapping • Existing ground geophysics in historical database shows strong correlation between mineralization and chargeability highs • Recent artisanal activity along strike from geophysics defined targets suggests strong likelihood of continuation of structures along strike • DF
Slide 12: Labola – Historical Drilling Database
Labola – Historical Drilling Database
Slide 13: Labola – Resource Potential
13 Labola – Resource Potential Mineralization Gold grade WUO LAND 2 (Mt) (g/t Au) Contained Gold (koz) Indicated Resource 5.41 1.52 264 Inferred Resource 6.93 1.67 371 Mineralization Option on the 243 km2 Wuo Land 2 licence in 2022 increased the project Corridor area from 61.6 km2 to 304.6km2. Only
Slide 14: Labola – Current Work Programme
14 Labola – Current Work Programme • Our challenge is not finding mineralization but evaluating how much is there through resource delineation drilling • Drilling to recommence soon • 2,000 metres of infill and step out drilling in and around the currently delineated pit shell • 3,000 metres of expl
Slide 15: Kalaka gold project, Mali
15 Kalaka gold project, Mali • Potentially very large gold deposit supported by evidence from drilling • Located between Morila gold mine (7Moz) (Barrick/AngloGold) 55km and Syama gold mine (6Moz) (Resolute) 85km • Banifin Shear Zone can be traced for over 250km from the start of the Birimian craton
Slide 16: Kalaka – K1A Target
16 Kalaka – K1A Target • Large low grade gold deposit with potential for higher grade zones • 750m long x 150m wide x >200m deep • Very low strip ratio • Averages approximately 0.5g/t Au • Diamond Drill intersections include: • [email protected]/t Au from 52m (to end of hole) including [email protected]/t Au from
Slide 17: Nigeria – Gurara Joint Venture
17 Nigeria – Gurara Joint Venture • Four licences in two projects areas (Dagma and Paimasa) lie at southern end of Kushaka belt • DFR will hold an indirect interest of 25.5% upon closing with an option to earn up to a 32.5% indirect interest. Panthera shall own an equal indirect interest and assume
Slide 18: Nigeria – Dagma project
18 Nigeria – Dagma project • First drilling in the licence area in 2019 • Drilling tested easterly dipping vein swarm from which bulk sample of vein quartz average assay of 22.2g/t • Drilling confirmed the down dip extension of the vein swarm but assays did not reflect the high grades at surface • I
Slide 19: Beravina, Madagascar
Beravina, Madagascar • Hard rock zircon deposit, western Madagascar • DFR holds 100% interest • NI 43-101 technical report Beravina Zircon Project (2019) • 1.5 million tons at 22.7% zircon (ZrSiO4) • Potentially direct shipping ore • Further exploration potential, • Zircon prices at historic high Be
Slide 20: Namibia Diamonds
Namibia Diamonds • 2 licences owned through a 100% owned Namibian subsidiary, including ML111 • 1 shallow water mining license (DFR ownership 70% , remainder by a local company) • 2018/2019 mining campaign on ML111 yielded net proceeds of $1.1 million for DFR Vessel belongs to the technical contract
Slide 21: Investment Summary
21 Investment Summary • Funded to complete the initial exploration of the Labola project • Strong backing from existing shareholders • Experienced management team • Exciting district scale target in Burkina Faso offers significant potential • Upcoming drilling campaign likely to provide strong news
Diamond Fields Resources — Investor Presentation (May 2022) on 6ix