Recommended
Recommended
More Related Content
What's hot
What's hot (20)
Viewers also liked
Similar to North Country Gold
Similar to North Country Gold (14)
Recently uploaded
Recently uploaded (20)
North Country Gold
- 2. Forward‐Looking Statements This presentation contains “forward‐looking statements”. Such forward‐looking statements include, without limitation: Estimates of future capital expenditures. Estimates of resources and statements regarding future exploration results timing and amount of estimated future exploration, development and production. Success of exploration, development, and production activities. Expenditures; permitting; and requirements for additional capital and access to data. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward‐looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward‐looking statements. Such risks include, but are not limited to metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. The Company does not undertake any obligation to release publicly any revisions to any “forward‐looking statement” to reflect events or circumstances after the date of this presentation, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. The following presentation does not constitute an offer to sell or solicitation of an offer to buy any securities of North Country Gold Corp. The content of this presentation has been reviewed by Peter Kleespies, M.Sc., P.Geol., who is the Qualified Person as defined by NI 43‐101 Standards of Disclosure for Mineral Projects. 2
- 3. Presentation Outline Company background – Who is NCG? Committee Bay Gold Project – location / overview Three Bluffs Gold Project • Overview • Resources • Opportunity • Development Trade off Studies Innovations Conclusions 3
- 5. Management Management Team Over 25 years experience in exploration and management of mining companies. This includes extensive experience in Canadian northern projects including George Lake and Goose Lake. He has also been involved in conceptual exploration projects including the identification and discovery of gold within the Committee Bay belt. John Williamson, B.Sc., P.Geol. CEO & President Sean Mager, B.Comm. CFO & Vice President Over 20 years experience in senior management and governance of private and public companies. Sean has been involved in the operation and management of numerous companies within Canada’s north. Peter Kleespies, M.Sc., P.Geol. VP Exploration More than 25 years experience as a geologist with both senior and junior mining companies. He spent a significant portion of his career working with both BHP and Miramar Mining on the Hope Bay project, Highland Lake belt and the Elu Inlet belt. Peter is credited for making significant contributions to the present understanding of the geology and mineralization at Hope Bay. Brian Budd VP Corporate Development Over 25 years of entrepreneurial and senior management experience in the corporate development and financing within the resource and high tech industries. Simeon Robinson, B.Sc., P.Geo. Project Manager Jo Price, M.Sc., P.Geol. Over 10 years experience in exploration and development of gold deposits in Australia, Africa and Canada. Simeon is committed to the ongoing development and implementation of innovative work strategies. Over 16 years of experience in exploration and development of gold and Lands, Data and Permit base metal deposits in North America and Australia. Jo has more than than 10 years experience with land, data and permit management in Manager Nunavut and has established an excellent relationship with regulators. 5 Board of Directors John Williamson, B.Sc., P.Geol. Sean Mager, B.Comm. Craig Bentham, LLB. Toby Pierce, B.Sc., MBA
- 8. Committee Bay Gold Project: Overview Inuk 10.84 g/t over 19.38 m IF hosted Au minz _ ^ _ ^ _ ^ _ ^ _ ^ _ ^ _ ^ _ ^ _ ^ Raven 39.22 g/t over 2.43 m Mafic volc hosted Au minz Four Hills-Cop 3.33 g/t over 6.94 m 2.00 g/t over 6.09 m IF hosted Au minz _ ^ _ ^ West Plains 6.04 g/t over 36.77 m 13.14 g/t over 8.00 m IF hosted Au minz _ ^ _ ^ _ ^ _ ^ _ ^ _ ^ _ __ ^ ^^ _ ^ _ ^ _ ^ _ ^ __ ^^ _ ^ _ ^ __ ^^ _ ^ _ ^ _ _ ^ ^ _ ^ _ ^ _ ^ __ ^^ Three Bluffs Deposit Three Bluffs NI 43-101 resource IF, GWY, FV hosted Au minz Anuri 3.73 g/t over 10.21 m Komatiite hosted Au minz Emerald association 8
- 9. Three Bluffs: Location and Summary ► NCG Flagship asset ► NI 43‐101 compliant resource 5 ► Structurally controlled Au ► WLT interpreted as 2nd order splay off Walker Lake Shear ► Highly anomalous Au intersected in drilling over > 4km ► Au mineralization in IF, GWY, FV Walker Lake Trend splay Combined Totals for Open Pit & Underground Whittle Shell 5 Total Three Bluffs Resource Tonnage (tonnes) Au (g/t) Total Indicated OP+UG 4,320,000 4.91 683,000 Total Inferred OP+UG 5,520,000 5.43 Three Bluffs Au (ounces) 965,000 5 Please refer to North Country Gold Corp. Press Release dated April 23, 2013 9
- 13. Building the next Canadian gold district 2010 2011 Indicated Inferred 2010 Resource (Released March 2009) 3 Cut off Grade Tonnes Category TOTAL INDICATED 2.00 g/t 2,730,000 TOTAL INFERRED 2.00 g/t 1,272,000 3 Please refer to CBR Indicated Inferred 2012 Indicated Inferred Ounces 508,000 244,000 Gold Corp. Press Release March 2, 2009 filed on SEDAR under “Niblack Mineral Development Inc.” 2011 Resource (Released April 2012) 4 Cut Off Grade Tonnes Category Open Pit 1.35 g/t 3,600,000 Underground 2.50 g/t 695,000 TOTAL INDICATED 4,300,000 Open Pit 1.35 g/t 1,000,000 Underground 2.50 g/t 3,530,000 TOTAL INFERRED 4,530,000 4 Grade 5.85 g/t 5.98 g/t Grade 4.81 g/t 5.43 g/t 4.90 g/t 5.24 g/t 5.81 g/t 5.69 g/t Ounces 557,000 121,000 678,000 169,000 660,000 829,000 Please refer to “Technical Report on the Three Bluffs Project, Nunavut Territory, Canada” filed on SEDAR May 18, 2012 2012 Resource (Released April 2013) 5 Cut Off Grade Tonnes Category Open Pit 1.35 g/t 3,600,000 Underground 2.50 g/t 716,000 TOTAL INDICATED 4,320,000 Open Pit 1.35 g/t 1,000,000 Underground 2.50 g/t 4,520,000 TOTAL INFERRED 5,520,000 Grade 4.81 g/t 5.46 g/t 4.91 g/t 5.24 g/t 5.48 g/t 5.43 g/t Ounces 557,000 126,000 683,000 169,000 796,000 965,000 5 Please refer to North Country Gold Corp. Press Release dated April 23, 2013 13
- 18. Development Trade‐off Studies Ongoing high level trade‐off analysis has been initiated Numerous iterations ‒ Combination open pit and underground ‒ Underground only • Considerable upside opportunity ‒ identification of additional resources ‒ definition of higher grade lenses 18
- 20. Hayes Camp 20
- 21. Operational Innovation – mobilization / fuel Efficient Exploration considered paramount Innovative mobilization • NCG initiated 737 jet to haul supplies and land on ice strip • Set precedent in the North In 2012 cost reduced landed fuel costs to < $700/drum Ongoing priority to reduce landed cost and fuel usage • Bulk fuel • Waste oils for heat • Electric heat systems for camp • Maximizing engine heat (drills/generators) • Equipment systems and management 21
- 23. Operational Innovation ‐ NCG Drilling Fleet HOW ? NCG management and direction High quality, well maintained equipment Implementation of redundancies (separate pumps for water to prevent freeze ins) Adequate supplies, parts, spares Fast mobile equipment – fully contained winter drill shacks, quick moves, hydraulic jacks for fast setup 2012 Drilling Productivity 2500 Metres 2000 1500 1000 500 0 Date 23
- 25. Drill Water System Pump Station Pump Station Boiler 4 km Boiler Station Pumps Boiler and Pump Station HT controller 25