Canadian Gold and Zinc Properties President & CEO: James - - PowerPoint PPT Presentation
Canadian Gold and Zinc Properties President & CEO: James - - PowerPoint PPT Presentation
Canadian Gold and Zinc Properties President & CEO: James Macintosh jmacintosh@gtaresources.com 416-862-7003 January 2013 TSXV: GTA www.gtaresources.com INVESTMENT HIGHLIGHTS - Majority interest in Northshore Gold Project - 100% interest
INVESTMENT HIGHLIGHTS
- Majority interest in Northshore Gold Project
- 100% interest in Burnt Pond Zinc-Silver Project
- Experienced Management and Board with deep corporate
and geologic experience and hold 3.6% of GTA’s shares
- Strong joint venture partner at Northshore in Balmoral
Resources, which owns ~ 6 % of GTA’s shares
- Positive working capital and tight share structure
- Active work plans for 2017 with proposed bulk sample
at Northshore and drilling at Burnt Pond
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PROJECTS
- Northshore - Gold (~52% interest)
- Finalize interpretation of recent results
- Complete permitting, extraction plan, upgrading access
road and secure custom mill contract
- 50,000 tonne bulk sample (contingent on above)
- Burnt Pond - Zinc-Silver (100% interest)
- First drill program in Q1 2017 (800 metres)
- Auden - Gold & Graphite (100% interest)
- Looking for joint venture partners
- Ivanhoe - Gold (1% NSR) - sold to Probe Metals
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NORTHSHORE PROJECT
Located in the Schreiber-Hemlo Greenstone Belt 4 km south of the Trans Canada Hwy
Northshore - Gold (~ 52% interest)
- Strong relationships with the Pay Plat First Nations and the
Village of Schreiber, with good infrastructure
- Indicated resources of 191,000 oz Au in the Afric Zone &
Inferred resources of 824,000 oz Au in the Afric Zone
- Balmoral Resources holds ~ 48% in the joint venture (JV)
- Current work is focusing on the higher grade near-surface
mineralization in the Afric Zone, which is on patented mining claims and the surface rights are owned by the JV
- GTA is interested in an up to 50,000 tonne bulk sample in
2017, which should further de-risk the project and provide valuable metallurgical and economic information
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Northshore - Gold (~ 52% interest)
- the 2014 NI 43-101 mineral resource for the Afric Zone
at a cut-off grade of 0.50 g/t Au was estimated to be:
Indicated : 391,000 ozs of Au in 12.36 mln tonnes at 0.99 g/t Au Inferred : 824,000 ozs of Au in 29.58 mln tonnes at 0.87 g/t Au
- All recent drilling & current studies are focussed on the
higher grade, near-surface mineralization in the Afric Zone
- In 2015, a study of this portion of the Afric Zone outlined
two proposed shallow pits, at a cut-off grade of 1.6 g/t Au
- In 2016, metallurgical work on drill core samples recovered
- ver 94.8% of the gold, indicating excellent recoveries can
be anticipated using conventional cyanidation.
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BURNT POND PROJECT
Located in the Tally Pond Volcanic Belt in Central Newfoundland
Burnt Pond - Zinc-Silver (100% interest)
- Eight contiguous claims, 10 km along strike from Teck
Resources’ past-producing Duck Pond Cu-Zn Mine
- Claims encompass a number of known VMS style
prospects including Burnt Pond, South Moose and WIM
- Historic drill intersections at the Burnt Pond project
include 0.8% Cu, 25.8% Zn, 24.0% Pb, 791.1 g/t Ag over 0.37 m within a 12 m zone of semi-massive sulphides
- GTA has completed compilation and lithogeochemistry
studies to date, outlining two areas for initial drill testing
- GTA began drilling these two areas in Jan of 2017
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SHARE CAPITAL
- 41.0 mln shares o/s
- Mgmt and Directors hold 3.6%
- Balmoral (JV partner at Northshore) holds 6.3%
- 6.1 mln warrants o/s at an avg. exer. price of $0.06/sh.
- 4.0 mln options o/s at an avg. exer. price of $0.27/sh.
- Positive working capital and tight share structure
- Grants approved with funds coming in 2017 from
JEAP re Northshore and JEA re Burnt Pond
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MANAGEMENT & DIRECTORS
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Birks Bovaird, ICD.D Chairman & Director
- Over 35 yrs of experience in corporate financial consulting and strategic
planning services and was a VP of a major Cdn. accounting firm
- Chairman of Energy Fuels Inc (TSX:EFR) and Buccaneer Gold Corp.
(TSXV:BCG) and director of Noble Mineral Exploration Inc. (TSXV:NOB)
- Holds an ICD.D from the Cdn. Director Education Program
James Macintosh, B.Sc. President, CEO & Director
- Over 30 yrs of experience in mineral exploration, mining research
analysis, corporate finance and running private and public companies
- Was Lead Director and Chairman of the Audit Committee for Carlisle
Goldfields Limited, a Cdn. gold company sold to Alamos Gold (TSX:AGI)
- Graduate of Queen’s Univ., B.Sc. (Honours, Geological Sciences)
Wayne Reid, P.Geo VP, Exploration & Director
- Over 40 yrs in exploration and mining geology, spanning a variety of
geological terrains, from Newfoundland to Northern B.C. and Alaska
- Numerous senior positions at Noranda Expl., Hemlo Gold & others and
part of the team that discovered the Boundary Deposit at Duck Pond
- Holds a B.Sc., Geology and is a P. Geo in Newfoundland/Labrador
- Director of Metals Creek Resources (TSXV:MEK)
MANAGEMENT & DIRECTORS (CONT’D)
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Brian Crawford, CPA, CA CFO & Director
- Over 30 yrs as a financial officer and director of private and public
companies and was a partner of a major Cdn major accounting firm
- CFO and Director of several other reporting issuers, incl. Green Swan
Capital (TSXV:GSW) and Falcon Gold (TSXV: FG)
- Also an executive of a small private corporate finance firm
Julio DiGirolamo, CPA, CA Director & Chair of Audit Committee
- Over 22 yrs of senior-level public company experience in finance,
audit, governance and regulatory matters
- Held numerous directorships with public and private companies
- Was CFO for Carlisle Goldfields, which was sold to Alamos Gold
- CFO for Satori Resources (TSXV:BUD) and Canuc Resources (TSXV:CDA)
Peter Clausi, BA, JD EVP, Corp. Affairs
- Over 25 yrs of experience in finance, shareholder rights, securities,
class actions, proxy battles and corporate growth
- Held numerous positions with public and private companies
- A strong shareholder rights and board governance advocate
- Interim CEO of Green Swan Capital (TSXV:GSW)
REASONS TO ACCUMULATE SHARES
- Majority interest in Northshore Gold Project
- 100% interest in Burnt Pond Zinc-Silver Project
- Experienced Management and Board with deep corporate
and geologic experience and hold 3.6 % of GTA’s shares
- Strong joint venture partner at Northshore in Balmoral
Resources, which owns ~ 6 % of GTA’s shares
- Positive working capital and tight share structure
- Active work plans for 2017 with proposed bulk sample
at Northshore and drilling at Burnt Pond
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- www. gtaresources.com
twitter.com/GTAresources
GTA Resources and Mining Inc. 855 Brant Street Burlington, Ontario L7R 2J6 905-681-1925 President & CEO: James Macintosh jmacintosh@gtaresources.com 416-862-7003
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