IN THE BUSINESS OF GOLD TSX.V - NCAU OCTOBER 2020
Disclaimer No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained on this presentation. This presentation contains "forward-looking information" concerning Newcore Gold’s (“ Newcore “ or the “Company”) future financial or operating performance and other statements that express management's expectations or estimates of future developments, circumstances or results. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “seeks”, "believes", "anticipates", "plans", “continues”, "budget", "scheduled", "estimates", "expects", "forecasts", "intends", “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results "may", "will", "could", "would", “should” or "might" "be taken", "occur" or "be achieved". Forward-looking statements included in this presentation include statements regarding potential mineralization and mineral resources, the potential development scenarios for the various Gold-Silver Projects, including information with respect to the supporting infrastructure, the potential life of mine, rates of production and the effects of steps taken to mitigate local impacts and the expected completion dates of exploration and drilling, exploration results, estimated and future exploration and administration expenditures, the timing and results of preliminary economic assessments, other development studies, and future plans and objectives of Newcore. While all forward-looking statements involve various risks and uncertainties, these statements are based on certain assumptions that management of Newcore believes are reasonable, including that it will be able to obtain financing and on reasonable terms, that its current exploration and other objectives can be achieved, that its exploration and other activities will proceed as expected, that widespread epidemics or pandemic outbreak including the COVID-19 pandemic will have no or minimal impact to Newcore’s business, that its community and environmental impact procedures will work as anticipated, that general business and economic conditions will not change in a material adverse manner, that Newcore will not experience any material accident, labour dispute or failure or shortage of equipment, and that all necessary government approvals for its planned exploration and potential development activities will be obtained in a timely manner and on acceptable terms. There can be no assurance that the forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Newcore’s expectations include, among others, the actual results of current exploration activities being different than those anticipated by Newcore, changes in project parameters as plans continue to be refined, changes in estimated mineral resources, future prices of metals, increased costs of labor, equipment or materials, availability of equipment, failure of equipment to operate as anticipated, accidents, effects of weather and other natural phenomena, risks related to community relations and activities of stakeholders, and delays in obtaining governmental approvals or financing. Although Newcore has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Newcore does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information or statements whether as a result of new information, future events or otherwise, except as required by law. This presentation is not an offer to purchase securities and does not constitute an offering document under Securities legislation. All information is presented in Canadian dollars unless otherwise stated; as of the date indicated on the front of this presentation. PEA Disclosure The NI 43-101 Preliminary Economic Assessment is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the Preliminary Economic Assessment will be realized. The Enchi Gold Project PEA Technical Report is available on SEDAR and was prepared by Joanne Robinson P.Eng of WSP Canada a professional independent mining engineer registered in Canada and a QP as defined by National Instrument 43-101. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Mr. Gregory Smith, P.Geo, VP Exploration of the Company, is the Qualified Person as defined by NI 43-101, and has prepared and approved the technical data and information in this presentation. 1 TSX.V - NCAU
OVERVIEW Engineering a Better Gold Company Led by top-tier leadership with one of the most successful track records in the industry Advancing the 100%-owned Enchi Gold Project in Ghana, Africa’s #1 gold jurisdiction “Management is aligned with Enchi located along one of West Africa’s most shareholders to create value prolific and developed gold trends by significantly expanding our gold resource.” Significant exploration potential to build on an existing 1.2Moz Inferred resources at 0.72 g/t Au * Luke Alexander, Maximize shareholder value by significantly President & CEO expanding our existing gold resource *See cautionary statement on slide 1, and slides 11 and 21 for details on Enchi Gold Project resource statements and further disclosure 2 TSX.V - NCAU
WHY NEWCORE GOLD What Sets Newcore Gold Apart Management Quality Asset Top-tier record of making money for shareholders, 1.2Moz open-pit, heap leach gold Inferred resource * , updated September 2020 known for building exploration companies into producing miners Expansion Potential Institutional Backing 8,000 metre resource expansion and discovery Clear access to institutional capital, drilling program started in Q3 2020 ~20% ownership to date Structured for Success Incentivized Leadership 80M shares out, no warrants Management & insiders own 39% who invested Strategic Timing alongside shareholders Right commodity. Right time. Right Opportunity. Golden Ghana Proven & stable jurisdiction, #1 for gold in Africa, known for big, successful mines *See cautionary statement on slide 1, and slides 11 and 21 for details on Enchi Gold Project resource statements and further disclosure 3 TSX.V - NCAU
WHY NEWCORE GOLD “The fundamental Recent Wins for Shareholders characteristic of this company is strength. Calibre Mining – Grew from an exploration stage company to multi- asset gold producer creating $500M of shareholder value and Strength in management, counting strength in assets, strength in proven success, strength in Newmarket Gold – Built from a $10M company to $1.2Bn sale of the company to Kirkland Lake Gold 14 months later the team’s ability to raise large amounts of capital, Integra Gold – Taken out by Eldorado Gold for +$600M making make decisions and execute significant returns for shareholders quickly on opportunities.” Northern Empire – $10M acquisition to $90M take out in less than 18 months Blayne Johnson, Lead Director 4 TSX.V - NCAU
WHY NEWCORE GOLD “It is rare to find a Top Tier Leadership board like this in the junior sector: billions Management Team Board of Directors Previous Experience raised, startups Luke Alexander Doug Forster turned into President, CEO & Director Chairman producers and Kristian Dagsaan Blayne Johnson CFO Lead Director numerous major Greg Smith Omaya Elguindi wins for VP, Exploration Director shareholders.” Mal Karwowska Edward Farrauto VP, Corporate Dev. & IR Director Luke Alexander, Daniel Wilson Doug Hurst Country Manager, Ghana Director President & CEO Ryan King Director George Salamis Director Mike Vint Director 5 TSX.V - NCAU
WHY NEWCORE GOLD ESG Focus - Aligned with the U.N. Sustainable Development Goals Strong dedication to the environment, good governance, and community relations - adds value for stakeholders and leads to sustainable growth Newcore’s ESG is guided by nine of the U.N. Sustainable Development Goals * Priority is ensuring the health and safety of all employees, contractors and local communities - COVID-19 protocols in place Computers donated to local school Fixing of local bridges Temperature checks * The Sustainable Development Goals are the blueprint to achieve a better and more sustainable future for all. They address the global challenges we face, including poverty, inequality, climate change, environmental degradation, peace and justice. Information sourced from United Nations 6 TSX.V - NCAU
Recommend
More recommend