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Transcript of Delta Gold Corporation
An Experienced Team An Experienced Team Building A New Gold CompanyBuilding A New Gold Company
February 2013February 2013
www.deltagold.com
Forward Looking StatementsForward Looking Statements
This presentation may contain “forward-looking information” within the meaning of Canadian securities acts or “forward-lookingstatements” within the meaning of Section 21E of the Securities Exchange Act of 1934 of the United States. Forward-lookingstatements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from thosereflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to the interpretation ofdrill results and the estimation of mineral resources, the geology, grade and continuity of mineral deposits, future materialproduction, the possibility that future exploration, development results will not be consistent with the Company’s expectations,accidents, equipment breakdowns, title matters and surface access, labour disputes, the potential for delays in explorationactivities, the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, failure to obtainadequate financing on a timely basis and other risks and uncertainties, including those described under Risk Factors in themanagement discussion and analysis. In addition, forward-looking information is based on various assumptions including,without limitation, the expectations and beliefs of management, the assumed long term price of gold, that the Company willreceive required permits and access to surface rights, that the Company can access financing, appropriate equipment andsufficient labour and that the political environment within California will continue to support the development of environmentallysafe mining projects. Should one or more of these risks and uncertainties materialize, or should underlying assumptions provei t t l lt t i ll f th d ib d i f d l ki t t t A di l dincorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers areadvised not to place undue reliance on forward-looking statements.
Forward-looking statements may prove inaccurate, as actual results and future events could materially differ from thoseanticipated in such statements. Delta Gold undertakes no obligation to update forward-looking statements if circumstances ormanagement estimates, assumptions or opinions change, except as required by applicable law.
This presentation may use the terms “indicated" and “inferred" as these terms are defined under Canada's National Instrument43-101. U.S. Investors are advised that, while such terms are recognized and required by Canadian regulations, they are notrecognized by the United States Securities and Exchange Commission ("SEC") and may not be comparable to similar informationfor United States mining or exploration companies. As such, certain information contained in this news release concerningdescriptions of mineralization and resources under Canadian standards is not comparable to similar information made public byUnited States companies subject to the reporting and disclosure requirements of the SEC. U.S. investors are cautioned not toassume that any part or all of the mineral deposits described in these categories will ever be converted into proven or probablereserves, as defined in the SEC's Industry Guide No. 7.
www.deltagold.com 1
Delta Delta Gold Gold -- Strategy and Strategy and ObjectivesObjectives
B ild ld i i b bli tf li f l t d hi hBuild a gold mining company by assembling a portfolio of low cost and high-quality, producing and development-stage gold assets in stable jurisdictions
Focus on economically, environmentally and socially viable projects ocus o eco o ca y, e o e a y a d soc a y ab e p ojec sleveraging the Delta Gold team’s experience and skill sets
Maintain very high safety, environmental and social standards
Generate superior returns for Delta Gold’s shareholders and meaningful benefits for the communities in which we operate
www.deltagold.com 2
Delta Delta Gold Gold –– Formula for SuccessFormula for Success
The Delta Gold Formula:Quality Resource
+ Good Jurisdiction
Technical Excellence
++
High Environmental Integrity
Cultural Respect
++
Good Communication
Community Economic Benefits and Business Opportunities
++ Community Economic Benefits and Business Opportunities++ Training, Hiring and Buying Locally
www.deltagold.com 3
ECONOMIC SUCCESS AND SUSTAINABILITY=
Delta Gold Delta Gold -- Corporate HighlightsCorporate Highlights
Flagship asset – Imperial Project, California
Feasibility and permitting stage gold deposit
Defined Resource(1):
Imperial
o 879,000 oz Indicated
o 1,298,000 oz Inferred
Dormant since 2002
Proven management team
On-budget and on-time project execution history
o Highly successful mine permitting track record
o Excellent CSR reputation
Management and Board of Directors with great breadth and depth of experience and a history of delivering shareholder value
Pipeline of additional growth opportunitiesPipeline of additional growth opportunities
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(1) Effective March 30, 2012 and calculated at a Cutoff Grade of 0.17 g/t within a constraining Whittle optimised shell at US$1,400/oz gold price as per technical report issued November 5, 2012 entitled “Preliminary Economic Assessment Technical Report for the Imperial Project, California, USA” prepared by SRK Consulting
Imperial Project Imperial Project –– HighlightsHighlights
Advanced stage gold development project
Location easily accessible by road - 30 minutes from city of Yuma Arizona and minutes from city of Yuma, Arizona, and international airport
Over 60,000 meters of drilling
Feasibility Study and draft EIS completed by Glamis Gold in 1996
Long mining history in the area, including New Gold’s operating Mesquite Mine
Contracted to purchase 100% of Imperial Project from Goldcorp
$30 million in Delta Gold equity + gold price participation above $1300/oz
Issued NI 43-101 compliant Technical Report and Preliminary Economic Assessment November 5, 2012
www.deltagold.com 5
Imperial Project Imperial Project –– SettingSetting
Gentle topography
Benign climate 365 d/y operations
No critical habitat for endangered fauna or flora species was identified in past environmental studies
Culturally sensitive area
Unemployment rates in both Yuma and Imperial counties ha e been consistentl among have been consistently among highest in the U.S. ~ 29.9% in August 2012 (1)
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East Pit area looking towards Indian Pass
(1) U.S. Bureau of Labor statistics
Imperial Project Imperial Project –– Infrastructure and TenureInfrastructure and Tenure
Excellent power, water and transportation infrastructure
656 claims covering 5,721 acres
Validated claims by BLM secure title to resource and give right to permit
Imperial Project: Drilled and tested large volume t ll
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water well
Imperial Project Imperial Project –– Technical CharacteristicsTechnical Characteristics
Geological setting similar to that found at nearby Mesquite and Picacho mines
Gold deposit is epithermal, disseminated, deeply oxidized
West Pit Singer Pits
Imperial Project Pit Shells (2)
deeply oxidized
Delineated Resource(1)
Indicated 879,000 ounces gold
Inferred 1,298,000 ounces gold
East Pit
Low strip ratio 2.68:1
Low cost mining due to weakly cemented gravel overburden
Excellent metallurgy 83% recovery projected
Low reagent consumption
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(1) Effective March 30, 2012 and calculated at a Cutoff Grade of 0.17 g/t within a constraining Whittle optimised shell at US$1,400/oz gold price as per technical report issued November 5, 2012 entitled “Preliminary Economic Assessment Technical Report for the Imperial Project, California, USA” prepared by SRK Consulting
(2) Pit shell 27 as per technical report entitled “Preliminary Economic Assessment Technical Report for the Imperial Project, California, USA” prepared by SRK Consulting. PEA Life of Mine Plan, 1.19 Million ozs recovered, 89 Million Tons ore at a 2.68 strip ratio (Includes 47% from Inferred Resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability)
Imperial Project Imperial Project –– PEA SummaryPEA Summary
Incremental Opportunities: Decrease capital cost by leasing mining
fleet / contract mining
o Potential reduction ~ $65 million
PEA Highlights(1)
Mining Method Open Pit, Heap LeachProcessing Rate 25,000 tpdMine Production Life 10 yearso Potential reduction ~ $65 million
Improved pit development / backfilling sequence to reduce post-mining waste re-handling
Negotiate alternate reclamation and
yStrip Ratio (waste:ore) 2.68Metallurgical Recovery 83%Total Gold Recovered (2) 1.187 mozsAverage Annual Gold Production 119,000 ozs
backfilling plan
Optimise crushing/agglomerating, including evaluation of run-of-mine processing to reduce operating costs
Cash Costs (including royalty, refining) US$599/oz
Total life of mine cash costs US$ 965/ozInitial Capital Cost (3) US$202 millionLOM Sustaining Capital US$74 milliong p $Closure Capital US$149 million
Pre-Tax NPV (5%, US$1,300/oz Au) US$215 millionPre-Tax IRR 23%Post-Tax NPV (5%, US$1,300/oz Au) US$136 millionPost-Tax IRR 19%Capital Payback Period 3.5 years
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(1) Costs effective March 30, 2012 and calculated at a US$1,300/oz gold price as per technical report issued November 5, 2012 entitled “Preliminary Economic Assessment Technical Report for the Imperial Project, California,USA” prepared by SRK Consulting
(2) Inferred resources were used in the life-of-mine (“LOM”) plan with inferred resources representing 47% of the material planned for processing. Mineral resources that are not mineral reserves do not have demonstratedeconomic viability. There is no certainty that all or any part of the mineral resources will be converted into mineral reserves. Mineral reserves can only be estimated as a result of an economic evaluation as part of apreliminary feasibility study (“PFS”) or a feasibility study (“FS”) of a mineral project. Accordingly, at the present level of development, there are no mineral reserves at the Imperial Project.
(3) See details on slide 29 in Appendix
Imperial Project Imperial Project -- HighlightsHighlights
Defined resource
Technically de-risked
Low capital intensity
Low cash costs
Feasibility Study and Permitting Imperial Project: Proposed leach pads site and Cargo Muchacho Mountains
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Imperial Project Imperial Project –– Project HistoryProject History
Glamis Gold completed exploration, feasibility study, ordered mining equipment and issued draft EIS/EIR for public comment in 1996
Delta Gold team members have past history with Imperial exploration
Project faced opposition from NGOs and local Quechan Tribe. Focus on spiritual and cultural values of the area, as well as desert preservation agenda
In January 2001, a Negative Record of Decision was issued by the Bureau of Land M t iti l l i i th t P j t ld lt i “ d i i t” f Management, citing legal opinion that Project would result in “undue impairment” of spiritual and cultural values however the decision was rescinded in November 2001, based on a revised legal opinion, allowing EIS/EIR process to resume
In 2002, low gold prices (~US$300/oz) and new SMARA regulations requiring , g p ( $ / ) g q gbackfilling of open pit mines in California rendered the Project uneconomic
Goldcorp acquired Glamis in November 2006 and Project remained dormant
Delta Gold’s purchase agreement with Goldcorp completed in 2012 following a year-Delta Gold s purchase agreement with Goldcorp completed in 2012, following a year-long evaluation and due diligence process
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Imperial Project Imperial Project –– Permitting Environment in CaliforniaPermitting Environment in California
California’s current mine permitting regulatory environment demands very high standards (e.g. backfilling open pits)
Delta Gold welcomes opportunity to meet these standards
Resulting mine will be first class operation
The BLM validation of the mineral claims in July 2002 gives Delta Gold the legal right to pursue permitting of the Imperial Project Imperial Project desert settingthe Imperial Project
Case Study: In 2012, Golden Queen Mining Co. Ltd. permitted the Soledad Mountainopen pit mine in California
A il 2007
Imperial Project desert setting
July 2012Kern County approved information
submitted in regards to Condition 107 of the Conditional Use Permits
(fully permitted)
July 2010Lohantan Regional Water Quality Control Board approved Waste
Discharge Requirements
April 2007Submitted application to Kern County for a revised Mining &
Reclamation Plan
April 2010Kern County Planning
Commission unanimously
July 2009Air Quality & Health Risk Assessment completed / submitted to the Kern
Feb 2012EKAPCD issued the
Authority to Construct Feb 2011
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Commission unanimously approved the ProjectCounty Planning Department & the
Eastern Kern Air Pollution Control District (EKAPCD); approved April 2010
u o y o o upermits
Feb 201110 applications for
Authority to Construct permits submitted to
EKAPCD
Imperial Project Imperial Project –– Delta Gold’s ApproachDelta Gold’s Approach
The Delta Gold team has a unique reputation for respect for environmental and cultural values. It has a track record of building positive, lasting and pragmatic relationships with local communities. This approach is best known for:
A focus on sincere consultation and progressive partnerships with First Nations
Very high environmental standards – ethical and technical excellence
An award-winning approach (PDAC e3 Award, BC Mining & Sustainability Award and others)
Precedent-setting cultural recognition by First Nation communities
Delta Gold will strive for early, open, direct and transparent communication with local residents and communities – aiming to create understanding and confidence in Delta Gold and the Imperial Project, where local residents are given the chance to make a meaningful contribution to the Project evaluation and planning process
Delta Gold’s senior management team plans to demonstrate its commitment by establishing a personal, early and sustained presence in the local community, and to build direct relationships at all levels, one at a time
Delta Gold’s prime objective is for the Imperial Project to be a win-win scenario for all
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Imperial Project Imperial Project –– Feasibility Study Plan and TimelineFeasibility Study Plan and Timeline
Goal: Completely update Feasibility Study and submit permit applications Strong focus on building relationship with local communitiesPhase 1 – Initiate regulatory process Obtain permit to execute 19,000 metre drill programp , p g Environmental Assessment work and updatePhase 2 – Feasibility Study Execute drill program, revise resource model Metallurgical testing Metallurgical testing Engineering studies, opex and capex estimates1-year program estimated at ~$4 million – Start Feasibility Study2-year program estimated at ~$10 million – Complete Feasibility Study
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Environmental due diligence
Delta Gold Delta Gold –– Investment HighlightsInvestment Highlights
Feasibility Study stage Imperial Project
Technically de-risked asset in safe jurisdiction
Low start-up capital requirement and low cash costs
The right team to advance Imperial Project through permitting and into production
Strong opportunity pipeline
www.deltagold.com 15
The Imperial Project, CaliforniaThe Imperial Project, California
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New Gold’s Mesquite Mine New Gold’s Mesquite Mine –– Located 15 km awayLocated 15 km away
New Gold core asset
Produced 3.7 million ounces Au since 1986
+150,000 oz gold per annum
Geology and mine ali ation emineralization verysimilar to Imperial Project
2011 operating cash flo f om Mesq ite
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New Gold’s Mesquite Mine easternmost pit, with Imperial Project and Picacho Peak in the distance
flow from Mesquite was $103 million
Imperial Project Imperial Project –– Goldcorp Acquisition TermsGoldcorp Acquisition Terms
Option to acquire 100% of the Imperial Gold Project from for $30 million payable in Delta Gold shares On signing: $5.0 million (paid June 2012)
On-going: $5.0 million per year over 4 years
Contingent payment: $5.0 million on positive construction decision
Additional contingent cash payments: Up to $15.0 million in price participation at gold price above $1,300/oz (1) $ ,
Work commitments: $2.0 million per year over 5 years
Goldcorp currently holds ~11.5% interest – Standstill and Voting Trust Agreement
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(1) For 4 years of commercial production, cash payment to Goldcorp based on the following calculation: 50% x (actual gold price - US$1,300/oz) x total gold produced. Capped at cumulative $15 million.
Imperial Project Imperial Project –– Technical CharacteristicsTechnical Characteristics
GLOBAL MINERAL RESOURCE INVENTORYGLOBAL MINERAL RESOURCE INVENTORY (1)(1)
As of March 31, 2012
Classification ktonnes g/t oz
Indicated 45,763 0.60 879,000
349 RC drill holes (~59,454 metres) and 9 core holes (~1,494 metres) drilled to dateGeological setting and oxide gold mineralisation similar to that found at Indicated 45,763 0.60 879,000
Inferred 76,334 0.53 1,298,000
Calculated at a Cut-Off Grade of 0.17 g/t and within a Gemcom Whittle™ -Optimised Shell at US$1,400/oz gold price
nearby Mesquite and Picacho minesEpithermal, disseminated and deeply oxidized gold deposit hosted in biotite and sericite gneiss formations Extensive metallurgical test program – 1992 to 1996 Column test recovery: 78% to 94% over 80 days
Low reagent consumption (< 0 15 kg/t cyanide)Low reagent consumption (< 0.15 kg/t cyanide)
Column and bottle roll results compared favourably to Picacho and Mesquite reference column tests
Imperial recovery is better than Picacho and Imperial recovery is better than Picacho and equivalent to Mesquite oxide
SRK Engineering estimates 83% recovery with minus 2 inch crush and agglomeration
www.deltagold.com 19
(1) As per technical report issued November 5, 2012 entitled “Preliminary Economic Assessment Technical Report for the Imperial Project, California, USA” prepared by SRK Consulting with an effective date of March 30, 2012
Imperial Project Imperial Project –– Mine Limits and Cost Reduction PotentialMine Limits and Cost Reduction Potential
West Pit
Mine to consist of two main open pits, West Pit and East Pit, separated by the smaller Singer Pits Potential for a single open pit at higher gold prices
Singer Pits
g p p g g p– facilitates backfill sequencing
Majority of waste is weakly cemented gravels yielding low overall mining cost of US$1.48/tonne
East PitOpportunities: Some resource expansion potential between West
Pit and East Pit and down dip of the Singer Pits
Studying various crushing options, including run-y g g p , gof-mine processing
www.deltagold.com 20
Imperial Project Imperial Project –– Mining DetailsMining Details
Major Mining EquipmentYear 1 Maximum
Hydraulic Excavators RH200 – 34 cy
2 2
F t E d L d 1 1Front End Loaders Cat 994 – 26 cy
1 1
Haulage Trucks Cat 793 – 240 ton
8 10
Blasthole Drills12 ¼”
2 2
Ore mining sequenceW t Pit Y 1 t 5
12 ¼”
West Pit: Years -1 to 5
Singer Pits: Years 4 to 5
East Pit: Years 3 to 10
Backfilling West Pit begins in Year 5Backfilling West Pit begins in Year 5
Backfilling completed Year 16
Mining Cost - $1.34/ton material
www.deltagold.com 21
Imperial Project Imperial Project –– Capital Cost DetailsCapital Cost Details
In US$ millions where applicable Pre-Production Life of MinePre-Strip $34.7 $34.7Mining (Incl. Spares) $77.1* $114.0*Crushing & ADR Plant $46.5 $46.5Heap Leach Pad $16.7 $44.1Infrastructure $13.1 $13.1EPCM, Owners, Other Sustaining $20.6 $21.5
Contingency $29.8 $38.8g ySub-Total $238.5 $312.7Less Pre-Production Sales ($36.6) ($36.6)Total Capital Costs $201.9 $276.1
As per technical report issued November 5, 2012 entitled “Preliminary Economic Assessment Technical Report for the Imperial Project, California, USA” prepared by SRK Consulting with an effective date of March 30, 2012* C t t i i t it t id d d thi i* Contract mining opportunity not considered under this scenario
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Delta Gold Delta Gold –– Attractive Relative Valuation Attractive Relative Valuation
EV / Gold Resource
120
150
180
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Note: As at February 15th, 2013. Assumes C$/US$ exchange rate of 1.0065(1) NAV based on analyst consensus estimates except Delta Gold which is based on 2012 PEA(2) Illustrative Delta Gold analysis assumes treatment of US$25 million instalment payments to Goldcorp as a liability; NAV based on 2012 PEA (5% discount rate, US$1,300/oz gold price)
Delta Gold Delta Gold –– Pro Forma Share CapitalisationPro Forma Share Capitalisation
Pro Forma Basic Shares Outstanding 191,171,258
Capital Structure
ITM Options & Warrants 7,698,592
Fully Diluted ITM Shares Outstanding 199,099,850
OTM Options & Warrants [48,161,866]
Fully Diluted Shares Outstanding [247,617,159]
www.deltagold.com 24
Management & Board of Directors Management & Board of Directors
Marco A. Romero – President & Chief Executive Officer
Mr. Romero is an entrepreneur with over 30 years of diversified international experience in the mining and construction materials industries. He hasheld leadership roles in exploration, environmental permitting, mine development and operations, mergers and acquisitions, corporate finance andbusiness management. Mr. Romero was the founder of Polaris Minerals Corporation and served as its President and Chief Executive Officer from1999 to 2008. He remains one of its non-executive directors. Prior to that, Mr. Romero was Senior Vice President of Corporate Development ofIvanhoe Mines Ltd. from 1998 to 2000. From 1991 to 1998, Mr. Romero was a co-founder and Executive Director of Eldorado Gold Corporation.
John H. Purkis – Senior VP, Operations & Chief Operating Officer
Mr. Purkis has +40 years of experience in the mining industry covering all aspects of the business, from exploration to mining and mine closure. Hewas a co-founder and director of Polaris Minerals Corporation from 2000 to 2009. He is a director and officer of two private startup ventures: GalileoMinerals Ltd. and Mexico Pacific Gold Ltd. He is the former CEO of CanAfrican Metals and Mining Corp., President and CEO of MCK Mining Corp.,Vice-President, Mining and Development, of Atna Resources Ltd., Project Manager of the Pueblo Viejo Project for Genel Dominicana, Vice-President,Projects of Inmet Mining Corporation, Vice-President, Mining, of Minnova Inc., and Chief Engineer of Cyprus Anvil Mining Corp. He has also heldsenior roles at mines and projects including Quintette, Faro, Samatosum, Troilus, Cobre Panama and Antamina. Mr. Purkis holds a Bachelor ofsenior roles at mines and projects including Quintette, Faro, Samatosum, Troilus, Cobre Panama and Antamina. Mr. Purkis holds a Bachelor ofScience, Engineering, from the Royal School of Mines in England and a Masters of Business Administration from Queens University in Canada.
Harry P. Sutherland – VP, Finance & Chief Financial Officer
Mr. Sutherland has +40 years of experience in senior positions with financial responsibilities in the mining industry. Mr. Sutherland was VP Financeand CFO of Polaris Minerals Corporation from 2000 to 2006, Chief Financial Officer of Manhattan Minerals Corp. from 1996 to 1999, Chief FinancialOfficer of Eldorado Gold from 1995 to 1996, Manager of Finance of Hudson Bay Mining and Smelting Ltd. from 1993 to 1995, and Chief FinancialOfficer of Imperial Metals Corporation from 1984 to 1992. Mr. Sutherland held various finance and management positions with Gold Fields of SouthAfrica Ltd. from 1971 to 1982.
Alex Boronowski – Vice President, Evaluations
Mr. Boronowski is a geologist with +40 years of experience in surface and underground exploration, and mine development. His experience includesdomestic and international precious and base metal project evaluations and exploration for major companies, such as Cominco, Texasgulf, KiddCreek, TOTAL and Eldorado, and for various junior resource companies. Mr. Boronowski played a key role in the research, exploration and resourcedefinition of Polaris Minerals Corporation's Orca Quarry and its Eagle Rock Project.
Colin K. Benner – Chairman & Director
Mr. Benner is a professional mining engineer with over 40 years of experience in engineering and management in the Canadian and Internationalmining industry. Currently he serves as Executive Chairman of AuRico Gold Ltd., and Chairman of Corsa Coal Ltd. He is the past Executive Chairmanof PBS Coals Inc., CEO of Skye Resources Inc. and served as interim CEO of HudBay Minerals Inc. He has been directly involved in the successfulraising of capital for project development and in a number of commercial transactions in the mining industry including the taking public and sale ofPBS Coals, the acquisition of Rio Narcea Gold Mines, the merger of Lundin Mining Corp. and Tenke Mining Corp. and prior to this the merger ofLundin Mining Corp. and EuroZinc Mining Corp. Mr. Benner has held several senior positions in the base metal, uranium and potash business, as
www.deltagold.com 25
g p g p p , p ,well as the precious metals sector. Some of these positions include Vice Chairman and CEO of Lundin Mining Corporation, Vice Chairman & CEO ofEuroZinc Mining Corporation, President & CEO of Breakwater Resources Ltd., President and CEO of Black Hawk Mining Ltd. and Executive VicePresident of Denison Mines Ltd. A qualified Independent Corporate Director. He is also a director of Adriana Resources, Adent Capital, MercatorMinerals, Dalradian Resources, Lundin Mining and Troon Ventures.
Management & Board of Directors (Continued)Management & Board of Directors (Continued)
John P.A. Budreski – Director
Mr. Budreski is an independent businessman who spent 25 years in the investment industry including investment banking, M&A, sales, trading andresearch. Until January 2012, he was Vice-chairman of Cormark Securities, Inc. Prior to that, Mr. Budreski was the President and CEO of OrionSecurities and held senior positions with RBC Dominion Securities and Scotia Capital in investment banking, equity capital markets and managingsales, trading and research teams. Mr. Budreski is also a director of Sandstorm Gold Ltd., Sandstorm Metals & Energy Ltd., Alaris RoyaltyCorporation and Erdene Resource Development Corporation. He holds a Bachelor of Engineering from the Technical University of Nova Scotia and anMBA f th U i it f C lMBA from the University of Calgary.
William Myckatyn – Director
Mr. Myckatyn has +35 years of technical and management experience in mine financing, development and operations. Mr. Myckatyn was co-founder, Chairman and subsequently Vice-Chairman of Quadra Mining FNX until its takeover in 2012. Prior to forming Quadra Mining in 2002, hewas Chairman, President and CEO of Dayton Mining Corporation where he led the restructuring of the company and its subsequent merger withPacific Rim Mining Corp. Prior to this, he served as President and CEO of Princeton Mining Corporation and Gibraltar Mines Limited., and worked forvarious operations controlled by Placer Dome Inc. and its associated and predecessor companies. Currently, Mr. Myckatyn is the Lead Director ofvarious operations controlled by Placer Dome Inc. and its associated and predecessor companies. Currently, Mr. Myckatyn is the Lead Director ofPacific Rim Mining Corp. and a director of First Point Minerals Corporation, San Marco Resources and Oceanagold Corporation.
Gary D. Nordin – Sr. Technical Advisor
Mr. Nordin is a geologist with +40 years of international experience in the mining industry. He was a co-founder and a director of Polaris MineralsCorporation from 2000 to 2009. Mr. Nordin is currently Vice President of Exploration of Orestone Mining Corp and a director of Canasil ResourcesInc. and Rae Wallace Mining. He is also the President of two private US exploration companies: Trend Resources LLC and Gale Peak ResourceGroup. Mr. Nordin is former co-founder, director, and Vice President Exploration of Eldorado Gold Corporation (1991-2001) and a former co-founder, director and Vice-President Exploration of Bema Gold Corporation (1982-1990).
Roman Shklanka – Director
Dr. Shklanka is a geologist with +45 years of international experience in the mining industry. He is currently the Chairman of Kobex Minerals Inc.and Pacific Imperial Mines Inc. He was Chairman of Polaris Minerals Corporation from 2000 to 2011 and Chairman of Canico Resource Corp., whichwas acquired by CVRD in 2005. He was also Chairman of Sutton Resources Ltd. from 1995 to 1999, when it was acquired by Barrick GoldCorporation. He was formerly Vice President of Exploration for Placer Dome. Dr. Shklanka was inducted into the Canadian Mining Hall of Fame in2009 in recognition of his numerous career accomplishments2009 in recognition of his numerous career accomplishments.
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Contact InformationContact Information
650 West Georgia Street, Suite 480Vancouver, B.C. V6B 4N7
Marco Romero, President & CEOTelephone: (604) 681 – 2020 (101)
Fax: (604) 681 - [email protected]
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