INVESTOR PRESENTATION MARCH 2018 | CSE: RISE | OTC: RYES
CSE: RISE CSE : RISE OTC: RYES Cautionary Statements D i s c l o s u r e s & F o r w a r d L o o k i n g S t a t e m e n t s This presentation contains certain forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words or statements that certain events or conditions “may” or “will” occur. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks, uncertainties and assumptions related to certain factors including, without limitation, obtaining all necessary approvals, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements and information contained in this release. Rise undertakes no obligation to update forward-looking statements or information except as required by law. This presentation does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The securities referenced herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold in the United States except in compliance with one or more exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. The Company cautions that mineral resources that are not mineral reserves do not have demonstrated economic viability. Rise Gold Corp. has not established mineral reserves supported by a NI43-101 compliant technical report and feasibility study. The Company cautions readers that production may not be economically feasible. Rise Gold Corp. has not verified the historical mineral resources estimated for the Idaho-Maryland property. Rise is not treating these historical mineral estimates as current mineral resources and the historical mineral resources should not be relied on. Mr. Benjamin Mossman P.Eng, CEO of Rise Gold Corp. is the qualified person who reviewed and approved the contents of this presentation. 2 2 R E S T O R I N G G L O R Y T O C A L I F O R N I A G O L D M I N I N G
CSE: RISE CSE : RISE OTC: RYES Idaho-Maryland Gold Project Idaho-Maryland Gold Project Idaho-Maryland | City of Grass Valley | Nevada County | California | USA “I-M Mine” Past Producer (100% ownership) • Produced ~2,414,000 oz gold* • Average historic head grade of 17 gpt* • Production of ~129,000 oz per year in 1940** • All major veins open for exploration at depth • Grass Valley, California USA CALIFORNIA USA = Rule of Law Nevada County Private Land Mild Climate Private Land Year Round Drilling • Highway Access ~2800 Acres of Private Mineral Rights • 100% Ownership • 175 Acres Industrial Surface Land • No Royalties • *Details of historic production disclosure in Rise press release dated April 4 th 2017 and available at www.sedar.com **US Bureau of Mines. Mineral Yearbook 1941 (1942). Pg.252 3 R E S T O R I N G G L O R Y T O C A L I F O R N I A G O L D M I N I N G
CSE: RISE CSE : RISE OTC: RYES Nevada County - California P R I V A T E L A N D – A L L O W E D U S E I N L O C A L Z O N I N G C O D E UNITED STATES - PRIVATE MINERAL RIGHTS USA stopped issuing patents in 1994 Most significant historic mining properties re-developed after gold price removed from fix in 1970’s Strong Rule of Law and property rights NEVADA COUNTY IS LEAD AGENCY FOR FUTURE PERMITTING No permits required for exploration drilling from surface Underground exploration and mining is an allowed use in Zoning regulations subject to a Use Permit Nevada County is lead agency for future mine permitting, NOT California State No permitting through US BLM or US Forest Service 4 4 R E S T O R I N G G L O R Y T O C A L I F O R N I A G O L D M I N I N G
CSE: RISE CSE : RISE OTC: RYES Business Strategy Phases, Milestones, and Catalysts Phase Milestone & Catalyst 2018 Discovery Exploration Drill Results • Core drilling from surface to demonstrate gold 1 mineralization continues below historic mining areas. 2019 Mineral Resource Mineral Resources • Infill drilling using branch holes from surface to define, 2 calculated, and report mineral resources. 2020 Economic Assessment PEA Study • Mine design, environmental and economic analysis. 3 5 R E S T O R I N G G L O R Y T O C A L I F O R N I A G O L D M I N I N G
CSE: RISE CSE : RISE OTC: RYES Value Opportunity Rare and Exceptional Gold Project PRIVATELY OWNED LAND AND MINERAL RIGHTS Very strong property rights for reduced Political Risk and Permitting Risk MAJOR HIGH GRADE PAST PRODUCING GOLD MINE I-M Mine was one of the most prolific historic gold producers in the entire United States Exceptionally high grade with average historic mill head grade of 17 gpt gold Virtually unexplored below historic mine workings DRILL PROGRAM TARGETING A DRAMATIC DISCOVERY Drilling directly below historic mined areas with bonanza gold grades Numerous historic drill holes, mapping, and historic resources in target area Significant exploration targets at I-M Mine below mine workings 6 6 R E S T O R I N G G L O R Y T O C A L I F O R N I A G O L D M I N I N G
MARKET ANALYSIS STRONG MARKET INTEREST IN HIGH GRADE GOLD DEPOSITS
CSE: RISE CSE : RISE OTC: RYES Valuations – Discovery to Production Stage A C O M P A R I S O N O F I D A H O - M A R Y L A N D T O R E C E N T M & A IDAHO-MARYLAND* LEMAQUE** ISLAND GOLD** Rise Gold Corp Integra Gold RichmontMines Discovery Stage Advanced Exploration Producer Current valuation $8M Purchased for $590M in 2017 Purchased for $933M in 2017 Mineral Resources: Mineral Resources: Mineral Resources: No mineral resources 1.9M oz @ 7.1 gpt M&I 0.9M oz @ 8.8 gpt M&I Requires drilling 1.3M oz @ 9.1 gpt Inferred 1.0M oz @ 10.2 gpt Inferred Past production : Proposed production: Proposed production: Before forced shutdown in 1942 PEA level study PEA level study Up to 129,000 oz gold per year 123,000 oz gold per year 115,000 oz gold per year 17.0 gpt gold avg headgrade 7.0 gpt gold headgrade 10.0 gpt gold headgrade 2,414,000 oz gold past production 1,311,000 oz gold total production 926,000 oz gold total production $19/oz in 1941 =~ $316 /oz in 2017 $458 per oz gold cash cost $483 per oz gold cash cost The Company cautions that mineral resources that are not mineral reserves do not have demonstrated economic viability. Rise Gold Corp. has not established mineral resources or reserves supported by a NI43-101 compliant technical report and feasibility study. The Company cautions readers that production may not be economically feasible. Rise Gold Corp. has not verified the historical mineral resources estimated for the Idaho-Maryland property. Rise is not treating these 8 historical mineral estimates as current mineral resources and the historical mineral resources should not be relied on. *Details of historic past production is disclosed in Technical Report dated June 1 st 2017 and available at www.sedar.com **Information based on publicly available Technical Reports 8 R E S T O R I N G G L O R Y T O C A L I F O R N I A G O L D M I N I N G
CSE: RISE CSE : RISE OTC: RYES Major High Grade Gold Projects S I G N I F I C A N T G O L D P R O D U C E R S B Y G R A D E I N T H E W O R L D T O D A Y Today's Highest Grade Major Producing Gold Mines* Mill Head Grade Mill Est. Annual** Cash Cost Mine Company (gpt) Recovery Production (oz/year) ($/oz) Fosterville Kirkland Lake 16.5 97% 293,000 $295 Turquoise Ridge Barrick 15.3 92% 281,000 $522 Macassa Kirkland Lake 14.1 95% 246,000 $522 Yaramoko Roxgold 13.6 99% 114,000 $445 Red Lake Goldcorp 11.3 93% 172,000 $981 Brucejack Pretium 10.5 97% 329,000 $656 Historic Past Production at Idaho-Maryland Mine*** Avg Mill Head Mill Peak Annual Mine Grade (gpt) Recovery Production (oz/year) Year Idaho 28.4 97% 70,000 1937 Brunswick 9.3 94% 78,000 1940 I-M Combined 17.1 96% 129,000 1940 9 *Major producing gold mines defined as production greater than 100,000 oz gold per year **Information for current producers based on publicly available Q3 2017 Financials Statements. ***Details of historic past production is disclosed in Technical Report dated June 1 st 2017 and available at www.sedar.com 9 R E S T O R I N G G L O R Y T O C A L I F O R N I A G O L D M I N I N G
HISTORY ONE OF USA’s GREATEST PAST PRODUCING GOLD MINES
Recommend
More recommend
