EMC Gold Corporation · ASX:EM3
EMC Gold — Black Dragon Gold — Investor Presentation (February 2023)
18 slides from EMC Gold's investor presentation, February 2023
Slide 1: Exploration to Production: Golden frontiers in Spain and WA
ASX: BDG EXPLORATION TO PRODUCTION Golden frontiers in Spain and WA INVESTOR PRESENTATION I FEBRUARY 2023
Slide 2: Investment Highlights
INVESTMENT HIGHLIGHTS ASX: BDG Gold focus, commodity 100% owner of one of Extensive historic Estimated 1.56m ounces Awarded 18-hole drill price trending back Europe’s largest evaluation work high grade gold at permit, renewal of upwards undeveloped gold deposits demonstrates 4.27g/t exploration perm
Slide 3: Gold - A Growth Commodity
GOLD - A GROWTH COMMODITY ASX: BDG STABLE AND POSITIVE OUTLOOK GOLD PRICES 1Y 3Y 10Y • Gold price surging off back of 18-month lows in Oct 2022 to US $1920.70/Oz (18 Jan 2023) USD AUD • Ongoing economic uncertainty and market volatility pushing value up 2.,000 2,800 • Central bank accumulation at fa
Slide 4: Gold - A Growth Commodity
GOLD - A GROWTH COMMODITY ASX: BDG STABLE AND POSITIVE OUTLOOK GOLD PRICES 1Y 3Y 10Y • Gold price surging off back of 18-month lows in Oct 2022 to US $1920.70/Oz (18 Jan 2023) USD AUD • Ongoing economic uncertainty and market volatility pushing value up 2.,000 2.,750 • Central bank accumulation at f
Slide 5: Gold - A Growth Commodity
GOLD - A GROWTH COMMODITY ASX: BDG STABLE AND POSITIVE OUTLOOK GOLD PRICES 1Y 3Y 10Y • Gold price surging off back of 18-month lows in Oct 2022 to US $1920.70/Oz (18 Jan 2023) • Ongoing economic uncertainty and market USD AUD volatility pushing value up 2.,000 2.,500 • Central bank accumulation at f
Slide 6: Salave Gold Project – A Flagship Asset
SALAVE GOLD PROJECT – A FLAGSHIP ASSET ASX: BDG Premier location Asturias, North-west Spain Renowned mining province with strong mining traditions Politically and economically stable nation Security of title banked Low cost operating jurisdiction Existing road and port infrastructure in place INVEST
Slide 7: Salave Gold Project – High Grade Resource
SALAVE GOLD PROJECT – HIGH GRADE RESOURCE ASX: BDG RESOURCE CATEGORY TONNES (Mt) 2G/T CUT-OFF AU GRADE (g/t) AU CONTAINED METAL (Moz) Measured 1.03 5.59 0.19 Indicated 7.18 4.43 1.02 Inferred 3.12 3.47 0.35 TOTAL M, I & I 11.33 Mt 4.27 g/t 1.56 Moz USING A 1g/t CUT-OFF GRADE • A cut-off grade of 2.0
Slide 8: Salave Gold Project – Positive Economics (2019 PEA)
SALAVE GOLD PROJECT – POSITIVE ECONOMICS (2019 PEA1) ASX: BDG ASSUMPTIONS GOLD PRODUCTION PROFILE INPUT UNIT VALUE Gold price – base case US$/oz 1,250 120 1,200 Yearly Au Production Production (koz) Cumulative Au 100 1,000 80 800 PRODUCTION PROFILE (koz) 60 600 INPUT UNIT VALUE 40 400 20 200 Head gr
Slide 9: Salave Gold Project – Production and Processing
SALAVE GOLD PROJECT – PRODUCTION AND PROCESSING ASX: BDG CONVENTIONAL ORE PROCESSING • Metallurgical testing completed with conventional extraction and processing techniques • Low cap-ex, simple “off the shelf” modular plant design • Cyanide free leaching process • Process route froth flotation for
Slide 10: Salave Gold Project – Tailing and Infrastructure
SALAVE GOLD PROJECT ASX: BDG TAILING AND INFRASTRUCTURE • Portal site offset from mining area by decline • Process plant, pastefill and tails cementation plants at portal site, plus workshops, office/admin • Good power provision and road access • Tailings disposed of as pastefill, or as cemented pas
Slide 11: Spain – A Global Mining Destination
SPAIN – A GLOBAL MINING DESTINATION ASX: BDG 1 2 3 SALAVE TORAL SAN FINX 1 8 9 11 Gold Lead, Zinc, Silver Tin, Tungsten 10 3 7 4 5 6 7 4 2 12 5 6 TOURO PENOUTA ALBERTA II BARRUECOPARDO Copper Tin, Tantalum, Niobium Lead, Zinc, Silver Tungsten 13 8 9 10 11 14 15 EL VALLE MINA ANA CARMENES PLAZA NORTE
Slide 12: Entry to WA Gold Regions
ENTRY TO WA GOLD REGIONS ASX: BDG MARLEE GOLD ACQUISTION • Three highly prospective permits including two 100%-owned projects acquired mid-2022: • Padbury Gold (366km2); and Ivan Well (115km2) • Early-stage exploration with surface and soil gold discovery across 481km2 in Yilgarn Craton • Immediate
Slide 13: Padbury Gold Project
PADBURY GOLD PROJECT ASX: BDG CONSIDERABLE GOLD ANOMALIES • Soil sampling conducted Q4 2022 revealed 8km trend of gold in soil anomalies • 3700m x 350m gold in soil anomaly at the Fenceline Prospect • 2300m x 1100m gold in soil anomaly at the Ross’s Bore Prospect • 1000m x 350m gold in soil anomaly
Slide 14: Padbury Gold Project – Focus on Upcoming Activity
PADBURY GOLD PROJECT ASX: BDG FOCUS ON UPCOMING ACTIVITY • Soil program first tranche of exploration using modern techniques complete • Results support potential for structurally controlled intrusion-related targets • Coincident with prospecting surface gold occurrences, regional geology trends and
Slide 15: Ivan Well Project
IVAN WELL PROJECT ASX: BDG FOCUS ON UPCOMING ACTIVITY • Located 160km NNE of Wiluna, easily accessed via Canning Stock Route • Hosted in Frere Formation–Proterozoic Banded Iron Formation • Gold in stream anomalies not tested with drilling • Approx. 20km strike of drainage patterns show interesting u
Slide 16: Operational Timelines
OPERATIONAL TIMELINES ASX: BDG JUL 22 OCT 22 JAN 23 APR 23 JUL 23 OCT 23 JAN 24 APR 24 JUL 24 OCT 24 JAN 25 EIA assessment progress EIA & urban planning approval FID & construction Jun – Dec 2022 Apr – Dec 2023 Jan 2025 SALAVE Resource and infill drilling Jan – Jun 2024 Definitive Feasibility Study
Slide 17: Board, Management and Capital Structure
BOARD, MANAGEMENT AND CAPITAL STRUCTURE ASX: BDG CAPITAL STRUCTURE MARKET CAP AUD $8 million Paul Cronin Gabriel Chiappini Alberto Lavandiera Jose Manuel Dominguez SHARES 200.6 million NON-EXECUTIVE CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR GENERAL MANAGER - SPAIN ON ISSUE Paul is co-founder
Slide 18: Black Dragon Gold – Investor Enquiries
ASX: BDG Black Dragon Gold is 100% owner of the 1.5m+ oz high grade Salave Gold Project in the Asturias province in Northern Spain. INVESTOR ENQUIRIES GENERAL ENQUIRIES Gabriel Chiappini I MANAGING DIRECTOR Ground Floor, Regent House Rodney Road, Cheltenham GL50 1HX United Kingdom +61 417 717 480 ga
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