RAPIDLY GROWING HIGH-GRADE GOLD AT ABUJAR JUNE 2020 (ASX:TIE)
DISCLAIMER This presentation prepared by Tietto Minerals Limited (“Company”) does This presentation also contains reference to certain intentions, The information in this presentation that relates to Mineral Resources was not purport to contain all the information that a prospective investor may expectations, future plans, strategy and prospects of the Company. prepared by RPM Global and released on the ASX platform on 12 require in connection with any potential investment in the Company. You Those intentions, expectations, future plans, strategy and prospects may November 2019. The Company confirms that it is not aware of any new should not treat the contents of this presentation, or any information or may not be achieved. They are based on certain assumptions, which information or data that materially affects the relating to Minerals provided in connection with it, as financial advice, financial product advice may not be met or on which views may differ and may be affected by Resources in this publication. The Company confirms that all material or advice relating to legal, taxation or investment matters. No known and unknown risks. In particular, there is a risk that the Company assumptions and technical parameters underpinning the estimates representation or warranty, express or implied, is made as to the fairness, will not be able to expand or upgrade its existing JORC resource. The continue to apply and have not materially changed. The Company accuracy, completeness or correctness of the information, opinions and confirms that the form and context in which the RPM Global’s findings are performance and operations of the Company may be influenced by a conclusions contained in this presentation. This presentation is provided number of factors, many of which are outside the control of the presented have not been materially modified. expressly on the basis that you will carry out your own independent Company. No representation or warranty, express or implied, is made by inquiries into the matters contained in the presentation and make your the Company, or any of its directors, officers, employees, advisers or The information in this report that relates to Mineral Resources is based on own independent decisions about the affairs, financial position or agents that any intentions, expectations or plans will be achieved either information evaluated by Mr Jeremy Clark who is a Member of The prospects of the Company. The Company reserves the right to update, totally or partially or that any particular rate of return will be achieved. Australasian Institute of Mining and Metallurgy (MAusIMM) and who has amend or supplement the information at any time in its absolute discretion Given the risks and uncertainties that may cause the Company’s actual sufficient experience relevant to the style of mineralisation and type of (without incurring any obligation to do so). To the maximum extent future results, performance or achievements to be materially different deposit under consideration and to the activity which he is undertaking to permitted by law, none of the Company its directors, employees or agents, from those expected, planned or intended, recipients should not place qualify as a Competent Person as defined in the 2012 edition of the advisers, nor any other person accepts any liability, including, without undue reliance on these intentions, expectations, future plans, strategy “Australasian Code for Reporting of Exploration Results, Mineral limitation, any liability arising from fault or negligence on the part of any of and prospects. The Company does not warrant or represent that the Resources and Ore Reserves” . Mr Clark is a Director of RPM Global and them or any other person, for any loss arising from the use of this actual results, performance or achievements will be as expected, he consents to the inclusion of the estimates in the report of the Mineral presentation or its contents or otherwise arising in connection with it. This planned or intended. Resource in the form and context in which they appear. presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of COMPETENT PERSONS STATEMENT any security, and neither this presentation nor anything in it shall form the COMPLIANCE STATEMENT basis of any contract or commitment whatsoever. The information in this presentation that relates to Exploration Targets This presentation contains information extracted from ASX market and Exploration Results is based on information compiled by Mr Mark announcements reported in accordance with the 2012 edition of the FUTURE MATTERS Strizek, a Competent Person who is a Member or The Australasian “Australasian Code for Reporting of Exploration Results, Mineral Institute of Mining and Metallurgy. Mr Strizek is a non-executive director Resources and Ore Reserves” (“ 2012 JORC Code”) and available for This presentation may contain forward looking statements that are subject of the Company. Mr Strizek has sufficient experience that is relevant to viewing at www.tietto.com. Includes results reported previously and to risk factors associated with mineral exploration, mining and production the style of mineralisation and type of deposit under consideration and to published on ASX platform, 16 January 2018, 27 March 2018, 23 April businesses. It is believed that the expectations reflected in these the activity being undertaking to qualify as a Competent Person as 2018, 8 May 2018, 7 June 2018, 4 October 2018, 1 November 2018, 28 statements are reasonable but they may be affected by a variety of defined in the 2012 edition of the “Australasian Code for Reporting of November 2018, 31 January 2019, 26 February 2019, 12 March 2019, 19 variables and changes in underlying assumptions which could cause Exploration Results, Mineral Resources and Ore Reserves” . Mr Strizek actual results or trends to differ materially, including but not limited to price March 2019, 9 April 2019, 9 May 2019, 30 May 2019, 9 July 2019, 26 July consents to the inclusion in the announcement of the matters based on 2019, 2 October 2019, 24 October 2019, 12 December 2019, 23 January fluctuations, actual demand, currency fluctuations, drilling and production his information in the form and context in which it appears. Additionally, results, reserve estimations, loss of market, industry competition, 2020, 20 February 2020, 10 March 2020, 24 March 2020, 2 April 2020, 9 Mr Strizek confirms that the entity is not aware of any new information or environmental risks, physical risks, legislative, fiscal and regulatory April 2020, 23 April 2020, 3 June 2020 and 9 June 2020. The Company data that materially affects the information contained in the ASX releases changes, economic and financial market conditions in various countries confirms that it is not aware of any new information or data that materially and regions, political risks, project delay or advancement, approvals and referred to in this presentation. affects the information included in the previous announcements. cost estimates. 2
THE DEVELOPMENT OF ABUJAR RESOURCE UPDATE ON PRE-FEASIBILITY STUDY GROWING 2.2MOZ RESOURCE TRACK FOR Q3 2020 DUE Q1 CY2021 - 50,000M DRILL PROGRAM Updated Resource Estimate Funded to aggressively grow Tietto’s five diamond drill to be incorporated into resources and establish rigs delivering 50,000m drill Pre-Feasibility Study standalone gold camp of scale program with some of gold sector’s lowest costs Metallurgical test work Substantial exploration upside remaining – 90% of Abujar’s 70km demonstrating potential for simple crushing and Single Stage crusher mineralised structure is untested and SAG mill (SSAG) operation ESTABLISHIN G ABUJAR AS STANDALONE GOLD OPERATION 3
CORPORATE UPDATE CAPITAL STRUCTURE (ASX:TIE) A$0.38 355M A$135M A$13.8M A$121.2M Share price (9 June 20) Shares on issue Market Capitalisation Cash (31 March 20) Enterprise Value SHARE PRICE MOVEMENT SHAREHOLDERS 40 6 Hongkong Ausino 35 5 Investment 30 12.5% 4 25 Volume (m) cps 20 3 Directors 15 9.9% 2 10 1 5 77.6% 0 - May 19 Jun 19 Jul 19 Aug 19 Sep 19 Oct 19 Nov 19 Dec 19 Jan 20 Feb 20 Mar 20 Apr 20 May 20 Other 4
DIRECTORS AND RESEARCH DIRECTORS RESEARCH FRANCIS HARTLEYS DR CAIGEN Paul Howard HARPER WANG Non-Executive Managing Chairman Director EUROZ Jon Bishop DR PAUL MARK KITTO STRIZEK Technical Executive ARGONAUT Director Director Matt Keane HANJING XU Non-Executive Director 5
UNLOCKING CÔTE D’IVOIRE’S GOLD 32.6t of gold produced Increasing Gold from 5 mines in 2019 Production Stable, vastly under- explored Hosts West Africa’s largest Extensive share of greenstone belts for mining Greenstone Belts prospective gold (~ 34%) jurisdiction Tenements granted for 4 years Strong Government with two 3-year extensions plus Support 2-year special extension available Very favourable 5-year corporate Favorable Fiscal tax-free period followed by 25% Terms corporate tax and 4% Gov’t Royalty^ One of Africa’s most well -developed Outstanding nations with outstanding infrastructure Infrastructure Cote d’Ivoire gold operations include Mining Activity Endeavour’s Ity and Agbaou mines, Barrick’s Ramping Up Tongon mine & Perseus’ Sissingué mine 6
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