Embed Size (px)
Citation preview
TSX-V GDM
DisclaimersForward-looking statements
Certain information regarding the Company contained herein constitutes forward looking statements within themeaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations,opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although theCompany believes that the expectations reflected in such forward-looking statements are reasonable, it cangive no assurance that such expectations will prove to have been correct. The Company cautions that actualperformance will be affected by a number of factors, many of which are beyond the Company’s control, andthat future events and results may vary substantially from what the Company currently foresees. Discussion ofthe various factors that may affect future results is contained in the Company’s Annual Report which isavailable at www.sedar.com
The Company’s forward-looking statements are expressly qualified in their entirety by this cautionarystatement.
NI 43-101 Qualified Person
Benoit Moreau, P.Eng., President and CEO of the Company and a qualified person pursuant to NationalInstrument 43-101, has reviewed and approved the technical and scientific information in this presentation.
December 2017 2
TSX-V GDM
Experienced Management
BENOIT MOREAU 35 years of mining
and mineral exploration expertise,
Co-founded Mason Graphite
ERCAN UGUR35 years of
experience in management in the
junior miningindustry as
controller and CFO
FRANCOIS PERRON
20 years in the junior resource space, finance,
CEO of exploration and operating
companies
JONATHAN FEDERICO
9 years in the junior mining industry as an
assistant controller
DAVID CREVIER Lawyer, active in the junior mining space for over 30
years
STEVE BUTRENCHUCK
Geologist with decades of
experience in junior exploration from Manager to
CEO
BOARD
3December 2017
TSX-V GDM
Capitalization
AS ATSEPTEMBER 30,
2017
Cash $160,784
Shares outstanding
71.2 M
Options 4.0 M,
@$0.10
Warrants 10.3 M, @$0.05 expiry 2018
Management & Directors ownership
44%
4
TSX-V GDM
December 2017
Exploration Portfolio
Generative Recon Drilling Resource Delineation PEA PFS
Establishing a pipeline of projects
5
Victoria Lake
TinNB
JulienZinc
AssinicaGreenstone Belt
Gold
QC
Other projects
Lake George
Gold
NB
TSX-V GDM
December 2017
Lake GeorgeNew Brunswick is a mining-friendly jurisdiction
6
30 km west of Fredericton. Secondary roads crosscut
the property.
Trans-Canada Highway cuts across project claims.
Total of 310 claims (68 km2) of which 46 are subject to an
option agreement. No royalty.
Claims on private lands. Stakeholders have been
engaged before work undertaken.
December 2017
TSX-V GDM
Lake George ProjectA greenfield ‘brownfield’ project
December 2017 7
No Provincial or Federal parks, no Aboriginal Lands and no
environmental liabilities on the project
The historic mine has a fully permitted lease up to 2029
Surrounds historic Lake George Antimony Mine (2.0
million tonnes of antimony ore grading 3.5%)
Most of the ore mined from Hibbard vein,1.2 km long and
800 m downdip
TSX-V GDM
8
GDM has identified potential for bulk tonnage low grade gold system, proximal and related to hematitic alteration
Lake George Project History
While antimony mine in production
December 2017
TSX-V GDM
Lake George Project 2015
9
One historical drill hole that investigated
tungsten mineralization with
139 m at 0.15 % WO3(non 43-101 compliant)
~No field work
~No gold showing
identified
December 2017
TSX-V GDM
Lake George Project 2016
10December 2017
Geophysics~
5 values higher than 0.5 g/t Au in grab
samples~
Drilling LG-16-02 identified a 40 m gold alteration zone ending in gold mineralization
4.5m of 0.6 g/t Au
Drilling samples 2016Prospecting samples 2016
TSX-V GDM
Lake George Project 2017
11
Drilling samples 2016Prospecting samples 2016Prospecting samples 2017Trenching samples 2017December 2017
Identification of new structures with gold
values~
Many showings found in various parts of the
property~
New areas of gold bearing outcrop found
further north~
Continuity of some zones established
TSX-V GDM
12
WLF Zone
December 2017
Strongly hematized and bleached metasediments containing finely
disseminated pyrite~
Alteration interpreted to be 30-40°dipping to the east, cross-cutting
sedimentary layers
Currently 100m x 25m~
Open in all directions~
15 samples average 1.0 g/t Au~
Potential for bulk tonnage
TSX-V GDM
December 2017 13
TSX-V GDM
Target map
14December 2017
Drilling samples 2016Prospecting samples 2016Prospecting samples 2017Trenching samples 2017
Trenches T-17-27 and T-17-25 in the west
have similar mineralization to WLF
zone (1.6 km away)
~Strongly hematized
and brecciated metasediments,
similar to WLF zone (800 m away)
~Established WLF zone in the east
TSX-V GDM
Lake George 2017 summary
Demonstrated continuity of mineralization withinalteration zoneEstablished scale of system at surface
Established multiple areas of targetmineralization with similar mineralization overspan of 1.6km
Improve understanding of regional structuresthrough prospecting and trenchingRefining targeting for favorable host rocks
15December 2017
TSX-V GDM
Lake George – next steps
Identified additional structures for other potential zones
Extend laterally and
vertically, targeting bulk
tonnage
Test new potential
structures based on
mineralized outcrops
Test new potential structural targets
16December 2017
TSX-V GDM
Successful projects need
17December 2017
Lake George has all these elements !
District scale
Safe jurisdiction
Near infrastructure and accessibility for low cost
Deploy modern exploration methods and models on or near mineralized systems of scale
Clear title and strong stakeholder relations
TSX-V GDM
Why Goldstar Minerals ?
18December 2017
Transitioning from exploration to discovery
~
Gold mineralization in area of very large hydrothermal systems
within kilometric size structures
~
Near surface (low cost) drilling will identify how the systems express themselves laterally and vertically
TSX-V GDM
THANK YOU
December 2017 19
TSX-V GDM
• Contact• Benoit Moreau CEO
• [email protected]• 514-228-3965
• Francois Perron VP• [email protected]• 416-312-4811
• Website• www.goldstarminerals.com
