Investor Presentaiton
Investment Highlights
The Right Gold Story for any Portfolio
Mine Builders
Four successful mine builds in South America
Brazil
High Quality Gold Asset in Brazil
Reserves totaling 2.0 million ounces at 1.31 g/t
996 km² land package less than 5% drill tested
"Run-by-Owners" Mentality
Gignac Family, Management & Board own 14%
(8% proforma financing)
Over $17 million invested to date
Strategic Partnerships
G Mining Services
Master Services Agreement
La Mancha - 25.0% shareholder (2)
Eldorado Gold - 17.8% shareholder
Franco-Nevada - 9.9% shareholder
**
High Quality, Robust Feasibility Study
After Tax NPV 5% of $622 million and IRR of 24% (1)
Avg. production of 175,000 pa at AISC of $681/oz
Fully funded to construction decision
$481 million comprehensive financing secured
$81 million buffer inclusive of $43 cash buffer and $38
million of project contingency
Existing cash and equivalents of $54 million (3)
(1) After Tax figures using a $1,600 gold price and USD:BRL FX of 5.20.
(2) Second tranche subject to GMIN shareholder approval.
(3) Cash balance as at June 30, 2022 before equity proceeds.
TSXV:GMIN 17View entire presentation