Gemdale Gold, Inc · TSXV:GEMG
Gemdale Gold — Investor Presentation (June 2024)
27 slides from Gemdale Gold's investor presentation, June 2024
Slide 1: Advancing a New Large Scale Gold Discovery in Finland
Advancing a New Large Scale Gold Discovery in Finland Within a Highly Prospective Gold and Critical Metals Portfolio GEMDALE GOLD INC. CORPORATE PRESENTATION June 2024
Slide 2: Legal Information
LEGAL INFORMATION Notice Regarding Forward Looking Information Certain statements and information contained in this Presentation constitute forward-looking statements or forward-looking information (collectively “forward-looking statements”) within the meaning of applicable securities laws, includin
Slide 3: Why Gemdale?
WHY GEMDALE? • Pre-IPO Investment Opportunity: Raising up to C$1.5m currently in the private market – Pre-money valuation C$12.8m – Net proceeds from this Offering will be used to advance the Corporation’s mineral exploration business and for general corporate purposes. – Private Canadian company wi
Slide 4: An Investment in Both Gold and Critical Minerals
AN INVESTMENT IN BOTH GOLD AND CRITICAL MINERALS Why Gold? Why Critical Minerals? • Gold is a reliable store of wealth and acts as a hedge against • Energy transition requires massive increase in mining of critical minerals inflationary and geopolitical pressures / strategic metals such as copper, n
Slide 5: Why Invest in Finland's Mining Industry?
WHY INVEST IN FINLAND’S MINING INDUSTRY? Tier 1 Jurisdiction, comparable with Canada and Australia • Attractive policy regime: Finland was ranked #9 in the Fraser Institute’s 2021 “Policy Perception Index” and #13 overall in terms of Mining Investment Attractiveness • Low political risk, EU jurisdic
Slide 6: Exploration & Mining Investment in Finland
EXPLORATION & MINING INVESTMENT IN FINLAND Agnico Eagle - Kittila Au Mine – Aurion Resources - Au exploration Europe’s largest gold producer B2 Gold - Au exploration S2 Minerals - Au exploration projects Rupert Resources - Ikarri Au project New +4moz gold discovery Kinross Gold - Au exploration Boli
Slide 7: Gemdale's Strong Portfolio of Projects
GEMDALE’S STRONG PORTFOLIO OF PROJECTS VUOLLOSVAARA-PALKISVAARA Greenfields exploration : Large scale copper-cobalt anomalies to be drilled SIRKKA EXTENSION GOLD CLAIMS Greenfields exploration : near to two significant new discoveries by Rupert Resources (Ikkari) and Aurion Resources (Launi East) PO
Slide 8: Capital Structure
CAPITAL STRUCTURE 19% Shares : 12.8M Warrants or options 0.45M Management incentivized: 63% holding 18% Last Financing (August 2023): C$0.5m @ C$1.00 63% Founders, Management, Directors Institutional Retail 8
Slide 9: Market Comparative Valuations
MARKET COMPARATIVE VALUATIONS Important new discoveries are focusing the market’s attention on Finland: seen as a new frontier with very Fully Diluted Market Value (C$m) : Scandinavian Gold Companies low political risk and excellent infrastructure – helping with Significant Discoveries support mark
Slide 10: Experienced Leadership Team
EXPERIENCED LEADERSHIP TEAM HIGHLY EXPERIENCED TEAM OF MINING INDUSTRY EXPERTS PATRICK CHIDLEY, M.S, CFA Executive Chairman and Director - Over 25 years experience in mining finance, exploration, mining & commodities. A leading New York based gold industry analyst for 14 years, previously with HSBC.
Slide 11: Western Finland Gold
WESTERN FINLAND GOLD BOTHNIAN REGION – UNDEREXPLORED FOR GOLD: PONTIO, KARHU, ISONEVA & MERIJARVI • Current and past mining has focused on SWEDEN VMS deposits in Skellefte district Sweden FINLAND and Vihanti/Pyhasalmi district Finland • Gold deposits in Finland mainly exploited only from 1990’s; Fin
Slide 12: A New Gold Camp in Western Finland
A NEW GOLD CAMP IN WESTERN FINLAND PONTIO DISTRICT PLUS DOMINANT LAND POSITION AROUND LAIVA GOLD MINE • >2000 km2 land package in a Raahe highly prospective but MERIJARVI underexplored region NORTH* LAIVA Active 1,271 km2 • Gemdale focus on the main gold belt, already host to one gold mine VIHANTI a
Slide 13: Flagship in Heart of the Camp: Pontio Au Project
FLAGSHIP IN HEART OF THE CAMP: PONTIO AU PROJECT NEW LARGE SCALE GOLD DISCOVERY: 100 MT TARGET Possible 500 m extension • Discovered in 2011 by Gemdale’s management N-S trends of to the north of current mineralisation plus magnetic anomalies parallel M2.5 trend • Drilling at M2 demonstrates scope fo
Slide 14: Pontio M2 – Strike Length Over 4 km
PONTIO M2 – STRIKE LENGTH OVER 4 KM WIDE ZONES OF NEAR SURFACE GOLD MINERALIZATION • Vertical long section along the M2 Trend at Pontio ; new drilling has extended strike length of mineralisation by 800m to 4km. • Intercepts show the mineralisation is present near surface along most of a 4km trend •
Slide 15: Pontio M2 – Additional Parallel Zones?
PONTIO M2 – ADDITIONAL PARALLEL ZONES? STRONG IP CHARGEABILIT Y TARGET IN THE NORTHERN PART OF THE M2 TREND W E PONT-029 PONT-028 PONT-038 BELANP-025 IP chargeability anomaly West diorite host of mineralisation PONT-028 53.9 m @ 0.70 g/t PONT-029 PONT-038 incl. 11.0 m @ 1.10 g/t W E PONT-028 BELANP-
Slide 16: A Rare Large Scale, Low Grade Deposit
A RARE LARGE SCALE, LOW GRADE DEPOSIT GRADES SIMILAR TO NEW GENERATION OF LARGE GOLD MINES IN CANADA Average gold mine reserve The largest Canadian open pit mines grades continue to decline over have average grades below 1.3g/t time as gold prices move up the two largest grading below 1g/t Reserves
Slide 17: Isoneva
ISONEVA FOLLOWING UP ON HIGH GRADE GOLD DISCOVERIES ISON014 • Located in Western Finland ~60km from Pontio 3.5 m @ 8.7 g/t Au (30 GM) • Drill-ready targets with bedrock, till and high grade boulder anomalies • Encouraging first pass drill results in 2021 – Untested IP – 17.94m* at 4.3g/t Au in the s
Slide 18: Savo – Advanced Gold Project, South East Finland
SAVO – ADVANCED GOLD PROJECT, SOUTH EAST FINLAND SIGNIFICANT HISTORICAL WORK, HISTORICAL NI 43-101 RESOURCES OF 276,000 OZ OF GOLD • Historical (2018) Resource based on 221 drill holes • Mineralization controlled by an E-W shear zone oriented dipping approximately 40° - 50° to the south and plunging
Slide 19: Lapland Exploration Projects
LAPLAND EXPLORATION PROJECTS UNDEREXPLORED & STRATEGICALLY LOCATED NEAR IMPORTANT GOLD DEPOSITS – Gold - Prospective for gold (adjacent to Aurion Resources’ Launi East gold property, and along a structural trend from Rupert’s Ikkari discovery) – Copper-Cobalt - Also prospective for ferrous and base
Slide 20: Lapland
LAPLAND EXCITING NEW GOLD AND CRITICAL METALS DISCOVERIES • Known Au occurrences associated with KITTILA major crustal detachment structures Agnico Eagle PAHTAVAARA (9.2 Moz) Rupert reactivated in later deformations. IKKARI Resources Rupert Resources (0.8 Moz) KEVITSA • Early focus was on the wester
Slide 21: Lapland – Sirkka Extension Claim Group
LAPLAND – SIRKKA EXTENSION CLAIM GROUP AN AREA OF GROWING INTEREST FROM MAJOR MINING COMPANIES • Gemdale Gold has had first mover VUOLLOSVAARA advantage in the area of the South Cu-Au target using Kansanshi-style model; East extension of the Sirkka Shear significant Cu bottom-of-till anomalies (up t
Slide 22: Lapland - Vuollosvaara and Palkisvaara (V&P)
LAPLAND - VUOLLOSVAARA AND PALKISVAARA (V&P) COPPER-COBALT-GOLD AND NICKEL-COPPER-PGM POTENTIAL • Kansanshi style magnetite, chalcopyrite, SINMOK carbonate veins detected in outcrop and Rio Tinto drill core • Rio Tinto has staked around Vuollosvaara • At least 6km long >300 ppm Cu in till anomaly de
Slide 23: Key Targets Ready for Drilling (Vuollosvaara)
KEY TARGETS READY FOR DRILLING (VUOLLOSVAARA) +300PPM BASE OF TILL CU CONTOUR ON MAGNETICS S078001 S078002 Magnetic anomaly in quartzite not tested by hole S096001, magnetite VUOLLOSVAARA and grade picking up towards the EoH. > 6 km long NE margin anomaly tested in one place but the S078003 contacts
Slide 24: New Nickel, Gold, Copper Anomalies at Palkisvaara
NEW NICKEL, GOLD, COPPER ANOMALIES AT PALKISVAARA BRAND NEW FIRST PASS RESULTS FROM A PREVIOUSLY UNEXPLORED AREA Gold vein material assays • Nickel anomalies from near up to 4.39g/t surface glacial till samples suggest magmatic nickel-copper mineralization may be present Copper in under cover – firs
Slide 25: Kumiseva Claim Group
KUMISEVA CLAIM GROUP NI-CU DISTRICT AGAIN BEING EXPLORED • In the heart of the Bothnian mining district in Western Finland : excellent infrastructure HITURA – 100 km to Kokkola port and smelter Closed – Close to rail – Near existing power grid – Mining region – 60km from Europe’s deepest mine : Pyha
Slide 26: Nuotti – Positive Initial Drilling Results
NUOTTI – POSITIVE INITIAL DRILLING RESULTS SIMILARITIES TO EARLY EXPLORATION AT SAKATTI Historical drill results from Nuotti • Early drilling at Sakatti very similar – yes, intrusions are HoleNo_ From_m To_m Interval cu_ppm ni_ppm co_ppm pt_pd_au different ages, but principle is the same. R305 29 33
Slide 27: For Further Inquiries
For Further Inquiries : PATRICK CHIDLEY DAVID PYM PAUL DURHAM [email protected] [email protected] [email protected] Tel : +1 917 991 7701 Tel: + 44 7931 371869 Tel: +1 203 940 2538 www.gemdalegold.com GEMDALE GOLD INC. 27