placing big bets in the world’s most prolific gold...
TRANSCRIPT
PLACING BIG BETS IN THE WORLD’S MOST PROLIFIC GOLD MINING TREND
JANUARY 2020
Forward looking statementThis presentation includes certain information that may constitute “forward-looking information” under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about the estimation of mineral resources, anticipated advancement of mineral properties or programs, future operations, results of exploration, prospects, commodity and precious metals prices, future work programs, anticipated financial and operational results, capital expenditures and objectives and the completion and timing of mineral resource estimates. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors, which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the degree to which mineral resource estimates are reflective of actual mineral resources and the risks identified in the Company’s disclosure documents available at www.sedar.com. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this presentation is given as of the date hereof and is based on the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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“People think production is
how you make money; it is not,
it is selling something at a high price, that is how you make money.”
Dr. Thomas Kaplan, Chairman and Founder of The Electrum Group
photo: forbes.com
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The United States’ fastest growing mineral claim holder
Nevada’s 5th largest active claim holder
A plan to become Nevada’s second largest claim holder by 2022
Focused exclusively on the Battle Mountain Trend, Nevada’s most prolific mining trend
Key people
Susan LavertuChief Executive Officer
Founder & Manager of Venture Financial Group Ltd., a resource focused private equity company which helps to fund and provide visibility for junior resource companies. A significant investor and advisor to several TSX-V listed mining companies.
At the forefront of innovation in the Internet Marketing industry for the past decade, including specific to the Canadian resource sector.
Dedicated to producing the highest level of work for clients and enjoys the one-on-one connection she develops with investors and clients.
Collin KettellExecutive Chairman
Founder and Manager of Palisade Global Investments Ltd., a resource focused investment company.
Comes from a family with deep ties to mining, including co-founding AuEx Ventures, the company responsible for discovering the Long Canyon deposit, a project ultimately acquired by Newmont Mining for $2.3 billion.
Founder & Executive Chariman, Palisades Goldcorp Ltd.; Founder & Executive Chairman, New Found Gold Corp.; Co-Founder, Goldspot Discoveries Ltd.; Co-Founder & CEO, Victory Metals Inc.
Cal Herron, P.Geo.Chief Operating Officer
President of Quest Geological Consultants, a geo-consultancy group focused on minerals exploration in North America
Over 40 years experience in the evaluation, design, and management of base and precious metals exploration projects in the United States and Asia
M.A. in Geology from California State University (1981); Professional Geoscientist (P. Geo.) registered in Ontario, Canada with APGO
Michael KanevskyChief Financial Officer
Chartered Professional Accountant, began his professional career in the audit and assurance practice at Deloitte
Chief Financial Officer of Mexican Gold Corp. (TSX-V:MEX) and several private mining companies
Prior to joining the Company, Mr. Kanevsky held controllership and financial reporting roles with several Vancouver based mining companies with operations in Argentina, Peru and Chile
Philip O’Neill, B.AScPresident & Director
President & Founder of MP1 Capital, a Calgary-based company investing in the natural resources sector
COO of Palisades Goldcorp Ltd.; CEO and Director of Mexican Gold
Previous Founder, Director, and CEO of Sunward Resources (TSX-V:SWD) where he raised $81M and led its acquisition by NovaCopper (now Trilogy Metals), at a +140% premium to market
2012 Induction into Casey Research NexTen – industry players identified as the “Next Generation of Resource Industry Titans”
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Lewis TealProposed Director
Over 35 years professional experience in multi- commodity minerals exploration in North and South America.
Regional functional business lead in South America and the Caribbean for a major international mining company with +16 years of continent wide, multi-cultural international management experience in generative exploration to advanced operational project development
Proven track record of multiple discoveries and advanced development experience.
Dr. Quinton Hennigh, Ph.D.Proposed Advisor
Economic geologist with 25 years of exploration experience, mainly gold related. Early in his career, he explored for major mining firms including Homestake Mining Company, Newcrest Mining Ltd and Newmont Mining Corporation.
Led exploration for Gold Canyon Resources at the Springpole alkaline gold project near Red Lake Ontario, a 5 million ounce gold asset that was recently sold.
In 2010, Dr. Hennigh helped start Novo Resources and began assembling its Australian exploration portfolio. Dr. Hennigh obtained a Ph.D. in Geology/ Geochemistry from the Colorado School of Mines.
Chad Peters, B.Sc., P.Geo.Advisor
A professional geologist with over ten years of exploration and production experience in both the US and Canada. Prior to co-founding Ridgeline Minerals in 2018 Chad was a managing member of the Premier Gold Mines Ltd. exploration team responsible for the discovery of 10+ Moz. of gold.
Chad holds a B.Sc. in Geology and Earth Sciences from the University of Manitoba and is a registered professional geologist with the Association of Professional Geologists of Ontario (APGO) and a long-time member of the Geological Society of Nevada (GSN).
Craig Roberts, P.Geo.Director
Mining engineer with over 30 years of operations, consulting and investment banking experience.
Includes work on feasibility studies for numerous mining projects worldwide, investment banking/due diligence roles in over 200 institutional equity financings.
Significant experience advising management and boards on merger and acquisition transactions.
John AndersonDirector
Over 25 years of capital markets experience specializing in the resource sector; A founder and financier of many start-up companies with experience on the TSX, NYSE, NASDAQ, London AIM and Swiss Stock Exchange;
Founder of Deep 6 PLC, American Eagle Oil and Gas Inc., as well as a founding general partner in Aquastone Capital LLC; Executive Chairman of Triumph Gold Corp. and Chairman of EXM Farming Corp
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The major mining company dilemma, time for a new entrant• The three largest landholders in Nevada are Barrick, Newmont, and Kinross, collectively holding 44,000 claims
(880,000 acres). On an annual basis this costs these juggernauts $9.7M to hold, collectively. Compared to revenue from operations, this amounts to a rounding error disincentivizing exploration activities and joint venture partnerships.
• Discoveries are made through sizable drilling budgets and a bit of luck. With no deals being done by majors and minimal exploration expenditures, it is time for a nimble company to take a commanding position and structure deals that will result in the most money being spent on that ground.
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Nevada King is Nevada’s fastest growing claim holder and now holds the title of 5th largest mineral holder in the State; Nevada King controls eight district size projects within the Battle Mountain Trend, including the past producing, 1M ounce (43-101) Atlanta Mine.
When measured by concentration of gold ounces, the Battle Mountain Trend is the world’s most prolific producer - Pipeline, Cortez, Phoenix, McCoy/Cove, and Lone Tree are just a few of the world class mines that comprise the trend. These mines have laid the foundation for today’s mining juggernauts including Barrick and Newmont, and is the focus of Nevada King’s efforts.
The best way to make a major discovery is through the drill bit; by becoming Nevada’s most active land holder, the odds favor the next major discovery taking place on Nevada King land.
Who we are
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Nevada is rated by the Frasier Institute as the Worlds #1 mining district.
A goal to become the leader in Nevada
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Acquire district size projects that have had significant
past work and drilling, by major operators
In close proximity to operating and
past producing gold mines
Using a proprietary claim records database to
find data rich environments, NOT staking based
on geologic theories
And avoid costly option payments, work commitments,
and NSRs by staking ground directly.
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WINNEMUCCA
RENO
LASVEGAS
BATTLEMOUNTAIN
ELKO
>300t Au Deposit100t-300t Au Deposit50t-100t Au Deposit<30t-50t Au Deposit
GOLD DEPOSIT
Nevada Gold Mines (32575 Claims)Kinross Gold (12198 Claims)Elko Mining Group (Watterton) (10116 Claims)McEwen Mining (5818)Nevada King (5150)Klondex Mines (4061)Coeur Mines (3484)
TOP 7 Holders (Sept. 2019)
Battle Mountain Trend
Twin Creeks Mine
Getchell Mine
Betze/Post Mine
Gold Quarry Mine
Cortez gold Mines
Pipeline
Phoenix
Comstock
Goldfield
Sterling Mine
Daisy MineBullfrog Mine
Tonopah
Mineral Ridge Mine
Candelaria Mine
Manhattan
Round Mountain Mine
Northumberland
Santa Fe
Paradise Peak
Denton-Rawhide Mine
Yerington Cu
Talapoosa
Olinghouse Mine
Borealis
Aurora Mine
Coeur Rochester Mine
Florida Canyon Mine FortitudeBattle Mountain Complex
McCoy/Cove Mine
Marigold Mine
Carlin Mine
Meikle Mine
Jerritt Canyon Joint VentureSleeper
Ken Snyder Mine
Hollister
Dee MineBootstrap Mine
Deep Star MineGenesis/Bluestar Mine
Lantern Mine
Beast MineLeeville
Tusc Mine
EmigrantRain Mine
Long Canyon
West Pequop
Kinsley
Goldend Butte
Bald Mountain Mine
Mooney Basin
Alligator Ridge Mine
Yankee Mine
LLlipah
Archimedes Ruby Hill Mine
Lookout Mountain
Mt Hamilton
Easy Junior
Griffon Mine
Robinson
Gold Bar
Tonkin Spring
Pediment
BuckhornHorse Canyon
Gold AcresElder Creek
Gold TripletGulch
Hilltop
Fire Creek - Klondex
Mule Canyon Mine
Mt Hope
Pinson Mine
Preble
Kramer Hill
Trenton CanyonBuffalo Valley Mine
Hycroft
Rosebud Mine
Wind Mountain
Willard
Relief Canyon
Fondaway Canyon
Lone Tree Mine
ATLANTAMINE
IRON POINTVANADIUM
GOLCONDAGOLD
CARICOLAKE
KOBEHVALLEY
HILLTOPSOUTH
LEWIS
CRESCENTVALLEY
HORSE MTN.-MILL CREEK
Nevada’s 7 largest claim holders
WINNEMUCCA
RENO
LASVEGAS
BATTLEMOUNTAIN
ELKO
>300t Au Deposit100t-300t Au Deposit50t-100t Au Deposit<30t-50t Au Deposit
GOLD DEPOSIT
Nevada Gold Mines (32575 Claims)Kinross Gold (12198 Claims)Elko Mining Group (Watterton) (10116 Claims)McEwen Mining (5818)Nevada King (5150)Klondex Mines (4061)Coeur Mines (3484)
TOP 7 Holders (Sept. 2019)
Battle Mountain Trend
Twin Creeks Mine
Getchell Mine
Betze/Post Mine
Gold Quarry Mine
Cortez gold Mines
Pipeline
Phoenix
Comstock
Goldfield
Sterling Mine
Daisy MineBullfrog Mine
Tonopah
Mineral Ridge Mine
Candelaria Mine
Manhattan
Round Mountain Mine
Northumberland
Santa Fe
Paradise Peak
Denton-Rawhide Mine
Yerington Cu
Talapoosa
Olinghouse Mine
Borealis
Aurora Mine
Coeur Rochester Mine
Florida Canyon Mine FortitudeBattle Mountain Complex
McCoy/Cove Mine
Marigold Mine
Carlin Mine
Meikle Mine
Jerritt Canyon Joint VentureSleeper
Ken Snyder Mine
Hollister
Dee MineBootstrap Mine
Deep Star MineGenesis/Bluestar Mine
Lantern Mine
Beast MineLeeville
Tusc Mine
EmigrantRain Mine
Long Canyon
West Pequop
Kinsley
Goldend Butte
Bald Mountain Mine
Mooney Basin
Alligator Ridge Mine
Yankee Mine
LLlipah
Archimedes Ruby Hill Mine
Lookout Mountain
Mt Hamilton
Easy Junior
Griffon Mine
Robinson
Gold Bar
Tonkin Spring
Pediment
BuckhornHorse Canyon
Gold AcresElder Creek
Gold TripletGulch
Hilltop
Fire Creek - Klondex
Mule Canyon Mine
Mt Hope
Pinson Mine
Preble
Kramer Hill
Trenton CanyonBuffalo Valley Mine
Hycroft
Rosebud Mine
Wind Mountain
Willard
Relief Canyon
Fondaway Canyon
Lone Tree Mine
ATLANTAMINE
IRON POINTVANADIUM
GOLCONDAGOLD
CARICOLAKE
KOBEHVALLEY
HILLTOPSOUTH
LEWIS
CRESCENTVALLEY
HORSE MTN.-MILL CREEK
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Feeding the TSX Venture
TSX VENTURE MINING DEALS
3,500
3,000
2,500
2,000
1,500
1,000
500
0
2005 2007 2009 2011 2013 2015 2017
$79.9 bi
$13.9 bi
$4.2 bi
?
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• As money comes pouring back into the sector with higher gold prices, Nevada King will be positioned to provide Venture companies with high quality, well packaged projects, ready for exploration and drilling.
• The likelihood of a discovery is directly correlated to the amount of money spent in the ground and the amount of ground a company controls.
Becoming the storefront for junior mining companies looking for their next great project.
Our projects
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Atlanta Mine21.3Km2
Carico Lake57.01Km2
Crescent Valley 1.17Km2
Golconda Gold 12.95Km2
Horse Mtn.-Mill Creek 49.5Km2
Iron Point Vanadium 60.13Km2
Hilltop South 28.63Km2
Kobeh Valley 58.46Km2
Lewis28.08Km2
Atlanta Mine – flagship property
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• 100% owned by Nevada King
• Past open pit production -110,000 oz. gold, 800,000 oz. silver (1975 – 1985)
• NI 43-101 resource of 572,100 Au oz M+I, 544,300 Au oz Inferred*
• Previously held by Meadow Bay Gold (TSX:MAY), which had a $75M market cap on this asset; past exploration by Kinross Mining
• Existing infrastructure includes electricity to the mine, roads and abundant water supply
“Resource estimate for existing pit area completed by Gustavson Associates in March 2013.”
Atlanta Mineralised Zone, showing blocks above 0.40ppm Au, in both Si Breccia Zone (red) and Porphyry Zone (blue). Looking East.
62502
57502
52502102000N 101500N 101000N 100500N 100000N 98500N99000N99500N 98000N
Winnemucca
BattleMountain
Elko
Las Vegas
Reno
ATLANTA MINEPROJECT
Our mandate is simple
1. Acquire ground through staking
2. Obtain historic data and build a compelling exploration narrative
3. Find partners to explore, develop, and drill
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July 2017Acquired Iron Point Project for its gold potential for ~$200,000
July 2018Uncovered old data exposing a large-scale vanadium prospect
September 2018Nevada King (previously Casino Gold) signed a deal to option project to Paul Matysek’s Victory Metals (TSX-V:VMX) for $14.7M in stock, retaining a 1% NSR
I RO N PO I NT PRO J E CT
A proven model
ValueCurrent position is worth $17M(Dividended out to Nevada King shareholders in January 2020)
Fixed NSRNevada King holds a 1% fixed NSR on Iron Point
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Winnemucca
BattleMountain
Elko
Las Vegas
Reno
Share structure
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Share Count
52.5M (post financing $0.70)
Options
4.75M Cash
$5.5MMarket Capitalization
$36.7M
32% 5% 4%6%10% 7% 7% 29%
MarinKatusa
Directors & Management
RobSali
Australian Family Office Other
European Family Office