Prosper Gold Corp. · TSXV:PGX
Prosper Gold — Investor Presentation (October 2022)
22 slides from Prosper Gold's investor presentation, Oct 14, 2022
Slide 1: Exploration Discovery Wealth
Exploration Discovery Wealth PRESENTATION OCTOBER 2022 Targeting the Next World-Class Discovery in Red Lake, Canada TSX.V: PGX OTCQX: PGXFF FRA: 2QpA
Slide 2: Cautionary Statement
2 Cautionary Statement This presentation does not constitute an offering of securities and the information contained herein is subject to the information contained in the Company’s continuous disclosure documents at www.sedar.com This presentation includes certain statements that constitute “forward
Slide 3: Team
3 Team Peter Bernier Mr. Peter Bernier has more than 40 years of experience in mineral exploration and project management. Most notably, Mr. Bernier jointly received the 2011 H.H. "Spud" Huestis Award from the Association of Mineral Exploration of British Columbia for Excellence in Prospecting and M
Slide 4: Capitalization Structure
4 Capitalization Structure Shares (I/O) = 23,996,476 Cash ~ C$400 k Options = 2,416,500 - weighted avg. $1.42 RSUs = 1,488,000 12.3% Management Ownership - May 10, 2024 redemption ~ 15 % Institutional Ownership Warrants = 3,023,486 - $1.35 - expiring Dec. 22, 2022 Shares (I/O) = 23,996,476 Market Ca
Slide 5: Red Lake District
5 Red Lake District “High-grade gold capital of the world” • World-class mining jurisdiction • Red Lake area currently seeing significant investment
Slide 6: Golden Sidewalk Project
6 Golden Sidewalk Project 16,480 ha land package 60 km east of Red Lake, Ontario in Birch- Uchi greenstone belt • Option to earn up to 100% in mineral claims and mining leases from Sabina Gold & Silver Corp. totaling ~3,000 ha • Prosper Gold staked and purchased mineral claims totaling ~13,480 ha (1
Slide 7: Golden Sidewalk – Exploration highlights
7 Golden Sidewalk – Exploration highlights Skinner Target Area Prosper Gold’s 2022 exploration focus • 2 x 3 km area of high exploration potential • Supported by till sampling, historical showings and Bathurst geology 9.69 g/t gold over 3.0 m & 13.1 g/t gold over 1.8 m in 2022 channel sampling Skinn
Slide 8: Golden Sidewalk – Surface Rock Samples
8 Golden Sidewalk – Surface Rock Samples Widespread historical high-grade gold at surface (grab samples) Drill tested prospects: Joe vein - 5,439 g/t gold KT vein - 187 g/t gold Bathurst Mine - 100 g/t gold Vihonen - 195 g/t gold Dunkin II - 73 g/t gold Untested prospects: Skinner North - 16.3 g/t g
Slide 9: Golden Sidewalk – Till Samples
9 Golden Sidewalk – Till Samples Prosper Gold collected 484 till samples in 2020 and 2021 Trout Lake Batholith 26 samples with greater than 100 gold grains • 19 samples from Golden Corridor • up to 2,858 pristine gold grains Narrow Lake Assemblage • 5 samples from Skinner North • up to 1,014 mostly
Slide 10: Golden Sidewalk – Skinner North
10 Golden Sidewalk – Skinner North Skinner Target Area • 2 km x 3 km target area largely covered by glaciofluvial sand • Series of axial planar east-west trending faults - dilational • Apparent magnetite destruction over significant area • Gold mineralization as pyrite ± chalcopyrite ± galena-sphale
Slide 11: Golden Sidewalk – Skinner Target Area
11 Golden Sidewalk – Skinner Target Area Historical workings • Over 100 historical trenches • Areas of shallow cover Skinner North • Skinner North Prospect Prospect stripped and sampled by Prosper in 2022
Slide 12: Golden Sidewalk – Skinner North
12 Golden Sidewalk – Skinner North 2022 stripping & channel sampling of historical Skinner North showing Channel sample intervals include: • 9.69 gpt Au over 3.0 metres • 13.13 gpt over 1.8 metres • Historically a small exposure limited to grab sampling
Slide 13: Golden Sidewalk – Skinner North
13 Golden Sidewalk – Skinner North Gold mineralization persists across width and length of shear zone • Shear zone under cover to west and east Skinner North prospect has not seen drilling
Slide 14: Skinner North Exploration Potential
14 Golden Sidewalk – Skinner North Exploration Potential Additional targets 2022 ground magnetic survey has outlined additional targets with similar geophysical and structural characteristics to known gold showings • Magnetite destruction associated with carbonate alteration • E-W to WNW trending st
Slide 15: Skinner North Exploration Potential
15 Golden Sidewalk – Skinner North Exploration Potential Skinner Pond target Mafic volcanics ankerite-silica- sulphide bearing shears • 400 m SW of Skinner North • Limited historical sampling • 6.84 g/t Au in grab sample • Pyrite ± chalcopyrite • No historical drilling 1m 0.5 m
Slide 16: Golden Sidewalk – Golden Corridor
16 Golden Sidewalk – Golden Corridor Large hydrothermal system outlined over 2.8 km paralleling and proximal to regional unconformity. Gold mineralization encountered to date exhibits different sets of characteristics: 1. Arsenopyrite-pyrite-pyrrhotite ± gold in quartz-carbonate veins. 2. Pyrite ± g
Slide 17: Golden Sidewalk – Golden Corridor
17 Golden Sidewalk – Golden Corridor 1. Arsenopyrite-pyrite-pyrrhotite ± gold in quartz-carbonate veins. 2. Pyrite ± gold in quartz-ankerite veins within mafic interbeds internal to sheared ultramafic. 3. Arsenopyrite-pyrite-pyrrhotite replacing sulphide and oxide facies Banded Iron Formation. 1. 2.
Slide 18: Golden Sidewalk – Golden Corridor
18 Golden Sidewalk – Golden Corridor Structural interpretation from drill data suggests plunge of gold mineralization follows fold axes related to D1 & D2 deformational events. • Plunging shallowly to ENE Interpretation will help to guide future exploration at Golden Corridor and Skinner North Modif
Slide 19: Golden Corridor - West
19 Golden Sidewalk – Golden Corridor - West Intermittent stripped areas along open-ended 700 m trend which has seen no drilling to date. Pyrite-arsenopyrite mineralization within quartz veins along contact between sheared mafic volcanics and felsic dikes. • 5.0 g/t gold sampled by Prosper in 2021. •
Slide 20: Golden Sidewalk – Bathurst Target Area
20 Golden Sidewalk – Bathurst Target Area KT vein Bathurst Mine Trend • > 500 m trend, 2008 intercepts Bathurst Mine include 46.0 g/t Au over 1.7 m Trend High-grade (abundant visible gold) quartz vein sample from No.2 vein at Bathurst Mine Site KT Vein • Continuity in narrow but high-grade gold Joe
Slide 21: Prosper Gold – Investment Highlights
21 Prosper Gold – Investment Highlights Team – Focused on discovery ✓ Skin in the game Favourable share structure ✓ Tightly held (24 M shares) ✓ ~ 6 M Market Cap ✓ Insiders and institutional 27% Project - Golden Sidewalk ✓ Multiple kilometre-scale targets ✓ Targeting similar deposit style to Red Lak
Slide 22: TSX.V: PGX
22 TSX.V: PGX OTCQX: PGXFF FRA: 2QpA Peter Bernier President & CEO (250) 316-6644 [email protected] Suite 330 890 West Pender St. Vancouver, BC V6C 1J9 Office: (604) 564-9922 www.ProsperGoldCorp.com