South Atlantic Gold, Inc. · TSXV:SAO
South Atlantic Gold — Investor Presentation (May 2021)
22 slides from South Atlantic Gold's investor presentation, May 2021
Slide 1: Big Kidd Project, BC
Big Kidd Project, BC May, 2021
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS This presentation includes “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements other than statements of historical facts included in this presentation, including, without limitation, those regarding South Atlantic Gold
Slide 3: Big Kidd—The Time Is Now
BIG KIDD—THE TIME IS NOW ✓From ✓Big Kidd has ✓Technical Copper Prices Good Past Results Location ✓Global Experienced Management $4,371/ton excellent report, May experience March 2020 infrastructure 12, 2011 to $10,450/ton ✓Successful ✓Big Kidd’s ✓Past drilling mines built now neighbors campaigns inc
Slide 4: Big Kidd Exploration Strategy
BIG KIDD EXPLORATION STRATEGY ▪ Conduct exploratory program with “new eyes” considering significantly higher Au and Cu prices ▪ Test Big Brother zone with a couple of drill holes ▪ Target Big Sioux area to build out breccia ▪ Twin several historical drill holes to validate higher grade Cu-Au interce
Slide 5: Big Kidd Property Summary
BIG KIDD PROPERTY SUMMARY ▪ Located in the Central Volcanic Facies of the Nicola Group which host numerous alkalic porphyry Cu-Au deposits including the Copper Mountain Mine, the Iron Mask Batholith (Afton, Ajax) and the recent MPD Copper-Gold Porphyry Project. ▪ 2019 drilling extended the BK Brecci
Slide 6: Property Location/Infrastructure
PROPERTY LOCATION/INFRASTRUCTURE ▪ 4,056 ha land package located in the Nicola Mining Division in southern BC ▪ 100% owned property ▪ Subject to a 2.5% NSR royalty, with full buy-back rights. ▪ 25 km (15 mins) by highway southeast of Merritt, BC or 87 km (45 mins) by highway west of West Kelowna, BC
Slide 7: Key Zones
KEY ZONES Big Sioux Zone ▪ 1918 shaft extracted 44 tons of 12.0% Cu, 68 g/t Ag and 0.57 g/t Au BK Breccia Zone ▪ Xstrata drilling in 1992 & 1997 intersected significant Cu-Au grades from steeply dipping ▪ 550 x 500 m (depth unknown) breccia pipe dykes and surrounding altered wall rocks ▪ BK-19-002 i
Slide 8: Regional Structural Control
REGIONAL STRUCTURAL CONTROL ▪ Nicola Group alkaline volcanics are subdivided into 3 N-trending belts, each with a distinct lithologic assemblage. ▪ Eastern Facies consists mostly of mafic volcaniclastic rocks. ▪ Central Facies consists of alkaline mafic flows and pyroclastics, abundant subvolcanic i
Slide 9: Property-Wide IP & Soil Geochemistry
PROPERTY-WIDE IP & SOIL GEOCHEMISTRY ▪ Cu-in-soil anomaly follows the chargeability anomaly within the Big Kidd Breccia and moving to the north towards the Big Sioux ▪ Dago Zone chargeability anomaly lies under thick till cover which may potentially decrease Cu-in-soil values ▪ Recent local discover
Slide 10: 2018 IP Survey Results
2018 IP SURVEY RESULTS ▪ The 2018 IP Survey focused on the BK Breccia ▪ A chargeability anomaly at surface strongly coincident with the Cu-Au mineralization intersected by historic drilling on BK Breccia Zone was delineated by IP ▪ A much larger and extremely strong (up to 136ms) chargeability anoma
Slide 11: Airborne Magnetics & Structure
AIRBORNE MAGNETICS & STRUCTURE ▪ The fault zone separating the Eastern and Central Facies passes N & appears to control the emplacement of BK Breccia. ▪ Airborne magnetics highlight the fault zone and large scale left-lateral shearing, which may have created dilational zones allowing for the emplace
Slide 12: 2019 Drilling Highlights
2019 DRILLING HIGHLIGHTS ▪ 4,192m of drilling tested BK Breccia at depth and laterally ▪ Historical drilling was limited at depth and the 2019 drilling program successfully extended mineralization at depth ▪ Successfully extended the boundaries of the mineralized Big Kidd Breccia Zone to the North,
Slide 13: 2019 Drilling Highlights
2019 DRILLING HIGHLIGHTS ▪ All holes drilled into BK Breccia Zone intersected Cu-Au porphyry style mineralization and alteration ▪ High grade intercepts associated with chalcopyrite-pyrite mineralization proximal to potassic alteration ▪ BK-19-009 was designed to test for a deeper-seated source of m
Slide 14: Historic Drilling
HISTORIC DRILLING ▪ Coordinate and assay data known for 29 of 92 historic drillholes (or 6,056 m drilled). ▪ The BK Breccia, Unit 7, forms an elliptical body 525 m x 400 m. The pipe appears to be sub vertical and possibly represents a volcanic neck. ▪ The BK Breccia lies within the 2.5 km long charg
Slide 15: Historic Drilling
HISTORIC DRILLING ▪ Indicated Resource of 31.1 Mt @ 0.33 g/t Au and 0.15% Cu centered on North Breccia zone. An Inferred Resource of 91.1 M tonnes of material at same grade yields Indicated + Inferred Resource to 122.4 Mt of material @ 0.33 g/t Au and 0.15% Cu” (Dawson, 2004). Not NI 43-101 complian
Slide 16: Big Kidd – Big Sioux Zone
BIG KIDD – BIG SIOUX ZONE ▪ Big Sioux zone site of 1918 shaft that extracted 44 t grading 12% Cu, 68 g/t Ag, 0.57 g/t Au. ▪ Drilling in 1992, 1997 and one 2012 hole by Xstrata intersected significant Cu-Au grades associated with steeply dipping dykes and the surrounding altered wall rocks. ▪ Mineral
Slide 17: Big Sioux Exploration Potential
BIG SIOUX EXPLORATION POTENTIAL ▪ BK Cu-in-Soil anomaly with chargeability high suggests potential for deeper seated mineralization ▪ 3km magnetic low cross cutting linear magnetic high similar to the discovery zone at Kodiak Coppers’ MPD Gold-Copper Porphyry Project ▪ As-in-Soil values over magneti
Slide 18: Big Kidd – Dago Zone
BIG KIDD – DAGO ZONE ▪ Coincident magnetic and IP anomaly Historic Cross Section 1000m x 300m. ▪ Mineralization associated with coralline limestones and limey greywackes, indicating potential for skarn-type mineralization. ▪ Last drilled in 1972, which targeted the northern fringe of a NW-trending c
Slide 19: Capital Markets Profile
CAPITAL MARKETS PROFILE Capital Structure & Share Price Share Structure $0.18 5.0 $0.16 4.5 4.0 14.3% $0.14 3.5 Volume (millions) Share Price (C$) $0.12 3.0 $0.10 2.5 26.3% $0.08 2.0 $0.06 1.5 $0.04 1.0 $0.02 0.5 $0.00 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Volume Price 0.0 17.4% Ticker TSX-V: SA
Slide 20: SAO Warrants
SAO WARRANTS June 15, 2021 Expiration $0.10 Haywood 1,833,417 PI Financial 2,650,000 Ridgeline Exploration Services 1,000,000 CanaccordGenuity 5,331,583 Continued June 17, 2022 Expiration $0.075 Shareholder PI Financial Ridgeline Exploration Services 3,100,000 900,000 Support October 8, 2022 Expirat
Slide 21: Why Invest?
WHY INVEST? ATTRACTIVE HIGH-GRADE POSITIVE EXPERIENCED ENTRY POINT, COPPER & PAST LEADERSHIP FLOW THROUGH GOLD & IN BC EXPLORATION WITH CLEAR SHARES OPTION, RESULTS GOAL FOR EXCITING EXPLORATION OPPORTUNITY southatlanticgold.com 21 TSX-V:SAO
Slide 22: Explore, Grow. Sustainably.
Explore, Grow. Sustainably. For more information: SouthAtlanticGold.com Tel: +1 250 762 5777 [email protected] 22
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