Corporate Presentation January 2017 TSX-V: GFG | OTCQB: GFGSF
Cautionary Statement Cautionary Note Regarding Forward-Looking I nformation This document contains certain forward-looking statements relating but not limited to the Company’s expectations, intentions, plans and beliefs. Forward-looking information can often be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intent”, “estimate”, “may” and “will” or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information may include reserve and resource estimates, estimates of future production, unit costs, costs of capital projects and timing of commencement of operations, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reserves, the grade and recovery of mined ore varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and other factors. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Potential shareholders and prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Shareholders are cautioned not to place undue reliance on forward-looking information. By its nature, forward- looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Claude Resources undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. Cautionary Note to U.S. I nvestors Concerning Resource Estimate The resource estimates in this document were prepared in accordance with National Instrument 43-101, adopted by the Canadian Securities Administrators. The requirements of National Instrument 43-101 differ significantly from the requirements of the United States Securities and Exchange Commission (the “SEC”). In this document, we use the terms “measured”, “indicated” and “inferred” resources. Although these terms are recognized and required in Canada, the SEC does not recognize them. The SEC permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that constitute “reserves”. Under United States standards, mineralization may not be classified as a reserve unless the determination has been made that the mineralization could be economically and legally extracted at the time the determination is made. United States investors should not assume that all or any portion of a measured or indicated resource will ever be converted into “reserves”. Further, “inferred resources” have a great amount of uncertainty as to their existence and whether they can be mined economically or legally, and United States investors should not assume that “inferred resources” exist or can be legally or economically mined, or that they will ever be upgraded to a higher category. 2 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
GFG Resources Inc. Key Investment Highlights Assembled a highly credible team of Explorers and Developers First to consolidate the entire Rattlesnake Hills district via three transactions and staking (33.5K acres) Under-explored alkaline gold system similar to the Cripple Creek (Newmont) & Wharf (Coeur) gold systems Impressive grades at surface and depth; deposits remain open in multiple directions: High Grade: 56 m of 9.73 g/t Au • • Disseminated: 405 m of 1.31 g/t Au (from surface) Target-rich environment with advanced & early-stage prospects • 78 km of historic drilling focused largely on 2 targets Aggressive 2017 district scale exploration program Significant corporate interest in the past • $76 million JV entered into with Agnico-Eagle in 2011 • $15 million placement entered into with Goldcorp in 2010 3 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
Corporate Snapshot Highly Experienced & Committed Team EXECUTIVE TEAM Corporate Structure Brian Skanderbeg - President & CEO, Director TSX Venture GFG • Claude, Goldcorp, Inco, Helio OTCQB GFGSF Rick Johnson - CFO & Corporate Secretary Shares outstanding (basic) 43.3 million • Claude Shares outstanding (fully diluted) 43.6 million Tim Brown - Vice President, Exploration • Anglo, Newmont Share price (Jan. 12, 2017) $1.24 Management Ownership ~20% Marc Lepage - Vice President, Business Development • Claude BOARD OF DIRECTORS Analyst Coverage Patrick Downey - Non-Executive Chair Cormark Securities Tyron Breytenbach • Victoria, Dalradian, Orezone, Claude, Elgin, Viceroy, Aura Macquarie Capital Markets Michael Gray Jonathan Awde - Director • Gold Standard Ventures Stephen de Jong - Director • Integra Gold, Eastmain Arnold Klassen – Director • Kirkland Lake, Claude, Lake Shore, Northern Superior, Dynatec 4 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
Transaction Details RTO Completed • NI 43-101 technical report on Rattlesnake project to TSX.V in July 2016; • Share exchange between GFG Canada and GFG US completed in August 2016; • Filed NI 43-101 report and joint (Crest & GFG) Circular September 9, 2016; Apply to TSX.V to resume trading of Crest (CTP.H) (on a pre-RTO basis) – September 12, 2016; • • Mail-out Circular to Crest and GFG Shareholders – September 14, 2016; • Crest and GFG shareholder meetings to approve RTO – on October 14, 2016; • Court approval for RTO – October 18, 2016; and • Close RTO/Change name to GFG – October 21, 2016. 43-101 Apply for Crest Court approval of 43-101 Draft to Comments from trading RTO TSX Exchange exchange Late - Aug Mid - Sept Mid - Oct July Draft IC to IC to Crest/GFG Close RTO and Crest/GFG Crest/GFG Shareholder Change Name to Shareholders Shareholders meeting GFG Aug 5 th Mid - Sept Mid - Oct Mid - Oct 5 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
Corporate Strategy Advance a District Scale Gold Asset • RATTLESNAKE is our cornerstone asset District-scale opportunity • GFG • Excellent jurisdiction Resources • Demonstrated large scale Au system ‘ Go For Gold’ • Attractive to Mid-tier and Major producers • Quality assets are available and will be reviewed to assess strategic fit. • Projects remain financially 2 nd Asset Rattlesnake constrained and our ability to finance and attract partners will provide District opportunity • North American – Au focus • Experienced technical team capable of project evaluation Project Opportunistic Acquisition Generator Marketing Launch RTO Completion P1 Program Completed Sept Oct Dec Investor & Analyst Site Visit P1 Drilling Oct Oct – Nov 6 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
Wyoming An Active and Mining Friendly State Economy driven by resource sector and is a leader in the U.S.: #1 national producer of: • Coal • Uranium • Trona Bentonite • #2 in rare earths #3 in natural gas Rattlesnake Hills Project #7 in crude oil (Source: U.S. Energy Information Administration) Infrastructure: • 100 km from Casper • 20 km to highway • Power line on southern portion of the property Access to water • Coal Operations • No National or State Parks near Uranium Operations property Top Ranking in the Tax Foundation’s State Business Tax Climate Index 7 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
Prospective Gold Belt Proven Geology Rocky Mountain Alkaline Gold Province • +1,500 km long belt of alkaline gold deposits on the east side of the Rocky Mountains • Multiple +1M ounce gold deposits • Cripple Creek, Wharf, Golden Sunlight: Consistent gold producers for multiple decades • Rattlesnake is in the middle of this productive gold belt 1. Mutschler, F.E.et al., 1997. Potential for Alkaline Igneous Rock - Related Gold Deposits in the Colorado Plateau Laccolithic Centers. USGS Bulletin 2158 (image, past production and current resources, modified from Mutschler, et al.) 2. Rochester and Wharf Tours. Coeur Mining presentation, June 2015 8 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
An Important Analogy Cripple Creek vs. Rattlesnake Hills Highly prospective geologic • setting at Rattlesnake • Most applicable geophysical tools underutilized: Airborne resistivity • • CSAMT only applied locally (where gold discovered) DISTRICT SCALE OPPORTUNITY AT RATTLESNAKE • First time land package has been unified • 36 mapped intrusive targets - Only 2 drill-tested • Potential to find multiple North Stock – type deposits • Potential to connect zones for significant tonnage 9 www.gfgresources.com TSX-V: GFG | OTCQB: GFGSF
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