TSX-V: TEM High Grade Gold Exploration in Tanzania Investor Presentation, January 2013
Cautionary Note This presentation includes certain statements that may be deemed forward-looking. All statements in this presentation, other than statements of historical facts, that address future production, mineral resource or mineral reserve potential, results of exploration drilling, geological potential and continuity of geological features, exploitation activities and events or developments that the company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that actual results or developments may differ materially from those projected in the forward-looking statements. Additional information with respect to exploration on the Tembo gold property can be found in the technical report entitled "Report on the Tembo Gold Project (pursuant to National Instrument 43-101 of the Canadian Securities Administrators) Geita District, Mwanza Region, United Republic of Tanzania", effectively dated October 30, 2011, as revised July 31, 2012 (the "Report.") The Report is available on the company's website and under its SEDAR profile at www.SEDAR.com. The information contained in this presentation has been prepared under the supervision of David Scott, Pr. Sci. Nat., who is designated as a "Qualified Person" with the ability and authority to verify the authenticity and validity of the data. TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 2 www.TemboGold.com
Tembo at a Glance • Highly Prospective Tanzanian Gold Asset A 101km 2 contiguous area consisting of 33 active licences and 5 under application, adjacent to – African Barrick's 14Moz Bulyanhulu Mine in the prolific Lake Victoria greenstone belt of Tanzania – Significant initial drill results with best intercepts including: • TDD0004: 3.13 g/t gold over 35.89m, including 4.46 g/t gold over 2.60 and 9.38 g/t gold over 6.30m TDD0005: 10.76 g/t gold over 4.00m, including 93.3 g/t gold over 0.38m • • TDD0054: 8.17g/t gold over 11.05m • TRC0013: 16.10 g/t gold over 3.00m • TRC0423: 10.17g/t gold over 6m from 36.0m including 19.1g/t gold over 3m • TDD0041: 22.81g/t Au over 15.00m from 299.00m including 34.78g/t Au over 9.70m from 302.30m, including 205 g/t gold over 1m – Currently over 1,600m of mineralized strike to depth of 150m at two project areas • High Quality Management Team – CEO : David Scott, formerly of Barrick Gold’s subsidiary Kahama Mining Corporation, 32 years’ experience, 15 years in Tanzania – Chairman : Dave Anthony, former COO of African Barrick, 30 years experience, 10 years in Tanzania • Extensive Artisanal Activity Over 2,000 artisanal miners, mining to depths in excess of 30m in over 100 active shafts – – Artisanal mining along a combined strike in excess of 10km along northwest (Bulyanhulu parallel), northeast and east-west structures Extracting high grades between 5 and 58 g/t gold material – TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 3 www.TemboGold.com
Capital Structure Clean capital structure with limited shares outstanding Capital Structure Holders TSX-V Symbol TEM Management & Founders 20% Share Price (as at Jan 11, 2013) $0.57 49 North Resources 10% 52 Week Range $0.35 - 2.29 BEC International 10% Issued and Outstanding 49,486,213 Institutional 15% Fully Diluted 66,817,545 Market Capitalization ~$28 Working Capital (as at January 2013) ~$2M Options and Warrants Research Coverage/Watch List Warrants 13,247,332 Canaccord Genuity Nicholas Campbell Options 4,084,000 Versant Partners Rob Chang Rodney Stevens Wolverton Securities Listings TSX Venture TEM Frankfurt Stock Exchange T23 OTCQX TBGPF TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 4 www.TemboGold.com
Firsthand and Extensive Experience MANAGEMENT TEAM TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 5 www.TemboGold.com
Directors & Management Former Bulyanhulu management leading the company • David Scott – President & CEO – Former Technical Services Manager for Barrick Gold’s subsidiary Kahama Mining Corporation; responsible for all Technical Services at Bulyanhulu including on-mine exploration activities – Over 32 years of African exploration and mining experience with 15 years in Tanzania – Extensive knowledge of Tanzanian geology including direct experience at Bulyanhulu • Dave Anthony - Chairman – Former COO of African Barrick Gold and member of executive team that took ABG public – Over 30 years of experience with 10 years in Tanzania: responsible for design, construction and operation of 3 of 4 world-class Barrick operations (Bulyanhulu, Buzwagi, Tulawaka) – Held multiple senior positions with gold and base metal mining companies (Barrick, Kinross, Cominco, Hudson Bay M&S, Royal Oak Mines, Cliffs Natural Resources) • Peter Haworth - Exploration Manager – 33 years experience in exploration and mine geology and in mine management, extensive drill project and greenstone gold experience in southern, east and west Africa • Jann Beresford - Senior Geologist Holds a MSc Engineering degree from the University of Portsmith and has four years experience as a senior and – project geologist on large drilling programs in Zambia and the DRC • The Mineral Corporation (TMC), exploration contractors, a leading senior advisor, consultant and contractor TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 6 www.TemboGold.com
Directors & Management Experienced mining professionals strengthen the corporate team • John Seaman – CFO/Director – Mr. Seaman has been involved with several successful mining projects and is currently the CFO for Premier Gold Mines – Previously held the position of CFO of Wolfden and Pediment which were both bought out by majors • Marc Cernovitch – Director – Extensive capital markets experience having held various roles for multiple jr. resource companies for the past 10 years • Colin Taylor – Director – Experienced in a wide range of managerial roles within the resource industry in both Canada and abroad • Pierre Julien – Advisory Board – Extensive involvement in Bulyanhulu process plant design and delivery – Former President and CEO of Norcast Castings, major international supplier of grinding technology and former President of Outotec North America, global leader in the supply of mineral processing plants, technology and services – Seasoned Executive and Founder of Lincoln Strategic and ORE+PROS Inc, mining industry service providers • Paul Magege - Country Manager – A founding shareholder with strong local relationships and a skilled administrator TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 7 www.TemboGold.com
Historic and Recent Work TEMBO GOLD PROJECT TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 8 www.TemboGold.com
Lake Victoria Mining Camp An established mining camp with several multi-million ounce gold deposits • Six modern mining operations • Significantly improved infrastructure • Strong gold endowment • Well understood geological granite greenstone terrane with parallels worldwide M&I Inferred Company Mine Gold (Moz) Gold (Moz) African Barrick Bulyanhulu 13.7 3.3 African Barrick North Mara 4.9 0.1 African Barrick Buzwagi 4.3 0.4 African Barrick Nyanzaga 3.5 0.6 African Barrick Golden Ridge 0.7 0.1 African Barrick Tulawaka 0.3 0.0 AngloGold Ashanti Geita 9.4 3.2 Resolute Golden Pride 0.9 0.6 Resolute Nyakafuru 0.5 0.5 Tanzanian Royalty Buckreef 1.7 1.0 Total 39.9 9.9 Source: The Mining Almanac, which has not been verified by the Q.P. TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 9 www.TemboGold.com
The Tembo Project 101km 2 land package adjacent to African Barrick’s 14Moz Bulyanhulu mine • Large contiguous ground holding 94km 2 active licence area and 7km 2 under – application Project credentials • – Historic exploration database with good results – >10km of extensively continuous artisanal workings – Numerous magnetic lineaments correspond with lines of artisanal mining shafts • Adjacent and along strike of African Barrick’s Bulyanhulu mine Bulyanhulu deposit, a 4km long, 2km deep, 2m – wide, high-grade >11g/t gold – Bulyanhulu geology and structure continues onto Tembo property – Bulyanhulu SML underexplored – Extensive transported cover which gives erratic soil geochemistry results – 13.7Moz gold Resource and 3.3Moz gold Inferred as of African Barrick Gold Annual report and Accounts 2011 TSX-V: TEM / OTCQX: TBGPF / FSE: T23 January 2013 10 www.TemboGold.com
Recommend
More recommend