The last great Canadian gold mining camp controlled by a junior mining company.

Transcription

1 Barkerville Gold Mines Investor presentation q The last great Canadian gold mining camp controlled by a junior mining company.

2 Forward Looking statement This presentation and the material contained herein are confidential and are for information purposes only and may not be reproduced or distributed to any other person or published, in whole or in part, for any purpose whatsoever. This presentation and the material contained herein do not constitute a general advertisement or general solicitation or an offer to sell or a solicitation to buy any securities in any jurisdiction. Such an offer can only be made by prospectus or other authorized offering document. This presentation and materials or fact of their distribution or communication shall not form the basis of, or be relied on in connection with, any contract, commitment or investment decision whatsoever in relation thereto. Barkerville Gold Mines Ltd. s (the Company ) securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to or for the account or benefit of U.S. Persons absent U.S. Registration or an applicable exemption from U.S. registration requirements. Any public offering in the United States must be made by means of a prospectus containing detailed information about the Company and management, as well as financial statements. The information in this presentation is not intended in any way to qualify, modify or supplement any prospectus or other information disclosed under the corporate and securities legislation of any jurisdiction relating to the Company. No securities commission or similar authority in Canada has in any was passed upon the adequacy or accuracy of the information contained in this presentation. Some of the statements contained in the following material are forward-looking statements. All statements in this presentation, other than statements of historical facts, that address estimated mineral resource and reserve quantities, grades and contained metal, and possible future mining, exploration and development activities, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statement or information. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices for metals, the conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of resources, mining rates and recovery rates and the lack of availability of necessary capital, which may not be available to the Company on terms acceptable to it or at all. All phases of the Company s operations are subject to environmental regulation and government approval and permits and there can be no assurance that the Company will obtain all the requisite permits for future development. The Company is subject to the specific risks inherent in the mining business as well as general economic and business conditions. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation. For more information on the Company, readers should refer to for the Company s filings with the Canadian securities regulatory authorities. 2

3 STRONG leadership FOCUSED PLAN CLEAR DIRECTION Well funded BGM is focused on finding and mining high-grade gold deposits across the breadth of British Columbia s Cariboo Mining District, one of the most celebrated and prospective gold districts in Canada. 3

4 Current share structure As of JUNE 30, 2016 Basic Shares Outstanding 293,035,668 Warrants 13,734,950 options 17,791,661 Fully diluted 324,562, week range $0.20 $0.69 Market capitalization ~$185M CONTACT Thomas (Tom) Obradovich MOBILE: WEB: 4

5 British Columbia s Cariboo Mining District one of the last great undeveloped gold camps in Canada. high grade GOLD mine at bonanza Ledge 2.8 M Oz indicated and 2.0 M oz Inferred at Cow Mountain 6 Past producing Mines Well defined greenfield targets Property map 5

6 6 REGIONAL LONG SECTION (6 KILOMETRES OF 60 KILOMETRES)

7 STRONG Leadership management and board SEAN ROOSEN co-chairman Chairman and CEO Osisko Gold Royalties Inc. Led the transition of Old Osisko from a junior exploration company to a leading intermediate gold producer. Instrumental in $1 billion financing and development of Malarctic Mine. Graduate of Haileybury school of mines and co-winner of 2007 prospector of the year and 2009 Mining Man of the Year awards. Thomas obradovich ceo 30+ years mining exploration, development President and CEO of Young Davidson Mines Co-Founder and Lead Director of Aurelian Resources, acquired by Kinross Gold Mines for $1.2 billion (2008) Lead Director, Daldarian Resources Paul geddes VP, Exploration Noranda Mining and Exploration Ltd., Teck Exploration Ltd. 1000% increase in global gold resources for Rainy River prior to the company s takeover by New Gold in October 2013 GREG gibson co-chairman 30+ years in the mining industry in Canada Mine manager of Dynatec. President and CEO of Trelawney Mining and Exploration when acquired by IAMGOLD for $608 million (2012) Currently President & CEO of Jerritt Canyon Gold LLC & Sprott Mining Inc CHRIS LODDER president/director 25+ years of Greenfield and Brownfield exploration Former Exploration Manager for the Americas for AngloGold Ashanti Discovered La Colosa project, with a resource of 28M oz. Au Anthony makuch director Professional engineer (Ontario) President and CEO of Lake Shore Gold Corp Senior VP and COO of FNX Mining Company Inc. MORRIS PRYCHIDNY director CACPA Life Member Serves as Chair of BGM s Audit Committee Audit Committee Chair for Northfield Capital Director at Nighthawk Gold Corp. JOHN kutkevicius director Partner at Wildeboer Dellelce LLP Corporate and Tax Law Specialist Member of the compensation committee ALLAN FOLK Director Pension Portfolio Manager Institutional Equity Sales Financial Advisor Ian Gordon director Founder and Writer for Long Wave Group Long distinguished career as a Broker Former VP of Bolder Investment Partners 7

8 Milestones achieved > ELIMINATED $28M + in debt and payables > Strong free cash generated from gold sales > Raised ~$36.2 M+ in capital IN THE PAST YEAR > $25M OF non-dilutive FINANCING for 1.5% NSR > HIRED new technical and management team > COMPLETED PHASE I 40,000M drill program > Identified FIVE new mineralized zones > Mined and milled 28,936 tonnes with a head grade of12.55 g/tonne and recoveries of 95.6% > UPGRADING AND QUALIFYING NEW COW MOUNTAIN RESOURCE BY Q

9 2016 Priorities 1 commence small-scale production at bonanza ledge and bc vein 2 Upgrade, define, and expand cow mountain resource and initiate feasibility study 3 Develop regional targets through greenfield exploration 9

10 Cow mountain Poised for Organic growth BONANZA LEDGE GREENFIELD EXPLORATION 10

11 11 BONANZA LEDGE Commence small-scale production at bonanza ledge and BC vein

12 Bonanza Ledge 2016 MINE PLAN (IN PROGRESS) PHASE I ASBUILT DEVELOPMENT WHOLLY UNDERGROUND OPERATION CONTRACT MINING ROM ORE TRUCKED TO QR MILL BC VEIN LONG HOLE AND CEMENTED ROCK FILL ~650 TPD 20KT/MONTH LOM ~2 YEARS BONANZA LEDGE POTENTIAL MINE PLAN SECTION LOOKING SOUTHEAST >200,000 TONNES AT ~7.0 GPT AU INITIATE Q

13 BCV LONG SECTION SHALLOW RESERVE POTENTIAL SURFACE BONANZA LEDGE PIT SURFACE UNTESTED BC SHAFT UNTESTED BCV DEEPS 1500 LEVEL STOPES METRES

14 Upgrade, define, and expand cow mountain resource and initiate feasibility study 14

15 COW MOUNTAIN RESOURCE TAILINGS AREA (NOT IN CURRENT RESOURCE) ISLAND MOUNTAIN MINERALIZATION CURRENT COW MOUNTAIN RESOURCE 15

16 Develop regional targets through greenfield exploration 16

17 CARIBOO GOLD PROJECT A LARGER PICTURE 50 kilometer trends 3 emerging parallel trends Limited historic systematic exploration due to fragmented land position QR MINE-MILL 17

18 NEWLY EXPANDED LAND PACKAGE ADDED ~81,000 HA VIA STAKING MOST PROSPECTIVE REGIONAL GOLD TARGETS 18

19 z Underexplored high-grade gold camp in canada Debt-free with strong shareholder base WHY INVEST? Multi-million ounce resource with huge exploration Potential 2016 drill program underway to define cow mountain resource COMPLETED Underground mining scoping study COMPLETED Greenfield exploration targeting and evaluation STRONG leadership with TRACK RECORD of success 19 Well-financed with strong balance sheet

20 Barkerville Gold Mines Investor presentation q The last great Canadian gold mining camp controlled by a junior mining company.