Austin Gold Corp. · AMEX:AUST
Austin Gold — Investor Presentation (March 2022)
24 slides from Austin Gold's investor presentation, Mar 10, 2022
Slide 1: Austin Gold Corp.
stin GOLD CORP SERIAL COMPANY BUILDERS WORKING WITH SERIAL MINE FINDERS
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This Presentation contains certain "forward-looking statements” including, without limitation, expectations, beliefs, plans and objectives regarding the timing and nature of estimated future exploration, success of exploration activities, and potential transactions and ven
Slide 3: Information Regarding Adjacent Properties
INFORMATION REGARDING ADJACENT PROPERTIES This presentation may contain information about the Twin Creeks, Turquoise Ridge, Lone Tree, Marigold, Independence-Jerritt Canyon District, Carlin Trend, Cortez Hills, Round Mountain, and other gold mines or deposits in Nevada on which the Company has no ow
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS Experienced team with proven track record of discovery and advancing projects Projects located in favorable geologic settings for discovery; early exploration expenditures already completed; biggest returns can accrue when discovery is made ” Compelling business model - risk/re
Slide 5: Directors and Officers
DIRECTORS AND OFFICERS THIS TEAM HAS EXPERIENCE IN FINANCE, EXPLORATION, MINE DEVELOPMENT, ESG, AND MINE OPERATIONS JOSEPH J. OVSENEK, P.ENG., LLB, Executive Chairman and Director Former President and CEO of Pretium Resources Inc.; led the financing of the company from exploration stage to operation
Slide 6: Directors and Officers
DIRECTORS AND OFFICERS BARBARA A. FILAS, P.E., Q.P., Director Internationally recognized in mining for management, environmental and social responsibility, and sustainability; experience at operating gold and coal mining and processing facilities; first female President of the Society for Mining, Me
Slide 7: Advisory Board
ADVISORY BOARD W. PERRY DURNING, M.Sc., Economic Geologist, Member, Advisory Board Mr. pumping has been active in mineral exploration for over 50 years. Mr. Durning has . worked extensively throughout the western U.S.A., Mexico and Central and South America F.L. “BUD” HILLEMEYER, M.Sc., Economic Geo
Slide 8: Technical and Management Successes
TECHNICAL AND MANAGEMENT SUCCESSES PRETIUM RESOURCES IPO to $2.25 Billion Market Capitalization; takeover by Newcrest at $2.8 Billion closed March 9, 2022 + Advanced Brucejack Project from exploration through feasibility, permitting, construction financing and into 11 straight quarters of profitable
Slide 9: Technical and Management Successes
TECHNICAL AND MANAGEMENT SUCCESSES CANPLATS RESOURCES _ Sold to Goldcorp for +$300 Million * Discovered Camino Rojo deposit (feasibility study recently completed by Orla Mining); Canplats sold to Goldcorp ARIZONA STAR RESOURCE CORP. Trading Halted 8 months after IPO at 180% of IPO Price; Controlling
Slide 10: Reserves by major gold companies have declined
Reserves by major gold companies have declined 26% since 2012...now below 2007 levels BARRICK Moz Au 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Agnico Eagle, AngloGold Ashanti, Barrick, China National, Freeport McMoRan, Gold Fields, Goldcorp, Harmony, Kinross, Navoi Mining & Me
Slide 11: The Lassonde Curve
Pierre Lassonde was one of the founders of Franco-Nevada, the first gold royalty company. Thirty years ago he created his curve that outlines the company life stages, that has now become a foundation in the junior mining business. For more information: https://kuchling.com/the-lassonde-curve-a-wild-
Slide 12: Exploration is the engine that drives the mining value chain
Exploration is the engine that drives the mining value chain... BARRICK Growth or Value Realisation Non: ConeiAssets not aligned with our strategic filters > Tier One and Value Tier Two Assets A Delivery Optionality: 4 geological & Value + commodity price Creation 5 Exploration Source: Barrick Gold
Slide 13: Gold statistics (USGS)
Source: USGS https://www.usgs.gov/centers/nmic/gold-statistics-and-information
Slide 14: Projects
PROJECTS AUSTIN GOLD CORP. FOCUSED IN NEVADA FOR DISCOVERY Kelly Creek in Humboldt County Lone Mountain and Miller in Elko County Fourmile Basin in Nye County Previous exploration and compilations of data on each of these projects over the years by other companies suggest potential for significant d
Slide 15: Kelly Creek Property
• • • • • *Source: NI 43-101 Technical Report, Kelly Creek Property, Humboldt County, Nevada, by Author: Barbara Carroll, C.P.G dated March 25, 2021
Slide 16: Properties: Lone Mountain Project
PROPERTIES: LONE MOUNTAIN PROJECT Past-producing mine on the property (Rip van Winkle) The property was assembled and has been owned by one family since the 1960s (North American Mining and Minerals Location Corporation; “NAMMCO”) Independence — Jerritt Canyon trend Comprises 13 square miles of a hi
Slide 17: The 'Window' Explained: Lone Mountain Example
THE ‘WINDOW’ EXPLAINED: LONE MOUNTAIN EXAMPLE Jerritt Canyon District The Lone Mountain property exposes one of about a dozen lower-plate carbonate windows in north-central Nevada. The large Carlin-type deposits in the Carlin Trend, Jerritt Canyon, and Cortez are localized in or near such carbonate
Slide 18: Properties: Miller Project
PROPERTIES: MILLER PROJECT Located approximately 30 miles south-southwest of Elko at the southern end of the Carlin Trend (host to over 93 million oz gold to date) Discovery potential is beneath post-mineral rock; project geology inferred from regional mapping, and from geophysics surveys Potential
Slide 19: Properties: Fourmile Basin
PROPERTIES: FOURMILE BASIN * Located 57 km SE of Round Mountain (+16 million ounces of gold) and 48 km ENE of the historic Tonopah mining district (over 1.8 million ounces of gold and 180 million ounces of silver) ° Large float boulders of locally banded epithermal veins and silicified volcanic rock
Slide 20: Lassonde Curve fundamentals
*This is one of the fundamentals of the Lassonde Curve. https://www.google.com/search?q=lassonde+curve&oq=lassonde+curve&aqs=chrome.0.69i59j0i22i30l2j69i60l3.3962j0j15&sourceid=chrome&ie=UTF-8 Also, Eric Coffin: Lassonde Curve and exploration mining plays: https://www.youtube.com/watch?v=kSGpTYpiUyM
Slide 21: Growth Potential
GROWTH POTENTIAL Proven team with track record of past discoveries, mine production and value creation for shareholders Advancing four large, highly prospective projects simultaneously, providing multiple opportunities for discovery Projects indicate potential to host multi-million-ounce gold deposi
Slide 22: Environmental, Social and Governance (ESG)
ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) * ESG principles are embedded in our organizational DNA ° Joe Ovsenek was directly involved in the establishment and implementation of the corporate sustainability at Pretium * committed to maintaining positive relationships with their neighbors, rigorous e
Slide 23: Investment Highlights
INVESTMENT HIGHLIGHTS Experienced team with proven track record of discovery and advancing projects Projects located in favorable geologic settings for discovery; early exploration expenditures already completed; biggest returns can accrue when discovery is made Compelling business model - risk/rewa
Slide 24: March 10, 2022
stin GOLD CORP B.Com. www.austin.gold President [email protected]