Gom pp february 2016
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Transcript of Gom pp february 2016
1
Creating Shareholder ValueThrough Acquisitions
Creating Shareholder ValueThrough Acquisitions
February 2016
TSX.V: GOM Frankfurt Xetra: 3G8A
Except for historical information contained herein, this presentation may contain forward‐looking statements including, but not limited to, comments regarding predictions and projections. Forward‐looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Although Golden Dawn Minerals, Inc. believe that such expectations are reasonable, there can be no assurance that such expectations will prove to be correct, and therefore actual results may differ materially from those currently anticipated in such statements. You are cautioned not to place reliance on such forward‐looking statements, whether made in this presentation or in any question and answer period related to this presentation.
The technical information in this presentation has been reviewed and verified by Dr. Mathew Ball, P.Geo. a Qualified Person as defined by National Instrument 43‐101, who is independent of the Company
Forward Looking Statements
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Corporate Overview
Production oriented, junior resource exploration company
Golden Dawn’s Epithermal Precious Metals project located in the prolific Greenwood mining district
Golden Dawn is committed to the systematic exploration and development of its properties
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NEWS RELEASE
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Golden Dawn Signs Loi With Huakan Mining International Inc. To Acquire Lexington and Golden Crown Mines And Milling Complex
Vancouver, February 25, 2016
Greenwood Assets
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The Greenwood Assets consist of the Greenwood mill and all associated buildings, including a 600,000 tonne tailings facility, all real property and property rights, mineral claims comprising the Lexington‐Grenoble and Golden Crown mines and Zip claims, all equipment, supplies, vehicles, permits, reports documents, and other associated assets. The previous investment made in developing these assets by Merit Mining Corp. (subsequently acquired by Huakan) was approximately $40 million.
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Golden Crown Mine Lexington‐Grenoble
The Greenwood Mill
Lexington‐Grenoble Mine
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The Lexington property is approximately 2,060 hectares. This property covers the Lexington deposit, developed as an
underground copper‐gold mine by Merit Mining Corp. with production for 9 months in 2009 of 5,418 ounces gold,
3,196 ounces silver and 861,281 pounds of copper (Huakan Mining International Inc.). The remaining resource
estimate, based on a total of 232 drill holes, is given in the table below.
*Stopes
Lexington Deposit Resources
Cut‐Off 3.50 g/t Au Eq Au Cu Au EqClassification Tonnes g/t % Oz.Measured 58,600 7.71 1.30 18,200Indicated 295,800 6.65 1.03 77,900Measured + Indicated 354,400 6.82 1.08 96,100Inferred 41,300 5.56 0.95 9.300
Lexington‐GrenobleProposed Mine Plan
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*Stopes
Lexington Deposit ResourcesCut‐Off 3.50 g/t Au Eq Au Cu Au EqClassification Tonnes g/t % Oz.Measured 58,600 7.71 1.30 18,200Indicated 295,800 6.65 1.03 77,900Measured + Indicated 354,400 6.82 1.08 96,100Inferred 41,300 5.56 0.95 9.300
ProposedDecline Proposed
Drifting
Lexington‐Grenoble Mine
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Hauling ore from mine
First Nation Visit
Miner with chalcopyrite Vein
Golden Crown Mine
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The Golden Crown property is approximately 1,017 hectares. Infrastructure on the property includes a mill rated at 200 tonnes per day capacity, waste disposal area and tailing facilities, all fully permitted and under care and maintenance since operations ceased. In 1985, a 1,070 metre long exploration drift was developed to access the multi‐vein system.A total of 229 surface drill holes and 53 underground drill holes have been completed on this property in various programs.
Golden Crown Deposit
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*1,070 metre long drift
Stopes
Portal
Golden Crown Deposit ResourcesCut‐Off 3.50 g/t Au Eq Au Cu Au EqClassification Tonnes g/t % Oz.Indicated 135,200 12.07 0.63 56,600Inferred 62,100 10.36 0.54 22,300
Golden Crown Proposed Mine Plan
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*1,070 metre long drift
Stopes ProposedDecline
ProposedDrifting
Portal
Golden Crown Deposit ResourcesCut‐Off 3.50 g/t Au Eq Au Cu Au EqClassification Tonnes g/t % Oz.Indicated 135,200 12.07 0.63 56,600Inferred 62,100 10.36 0.54 22,300
The Greenwood Mill
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The Greenwood mill is rated at 200 tonnes per day capacity, waste disposal area and a 600,000 tonne tailings facility, all fully permitted and under care and maintenance since operations ceased. This mill was constructed by Merit Mining in 2008 to process material from the Lexington mine.
The Greenwood MillEquipment
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The Greenwood Assets also consist of all associated buildings, all equipment, supplies, vehicles. The previous investment made in developing all of these assets by Merit Mining Corp. (subsequently acquired by Huakan) was approximately $40 million.
The Greenwood MillEquipment
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The Greenwood MillEquipment
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The Greenwood MillEquipment
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The Greenwood MillEquipment
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The Greenwood MillEquipment
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Regional Mining District
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Golden DawnClaims
*Production numbers from Dufresne & Banas, 2013 andKinross Annual Reports
Deposit Mine Production Years Au-g/t Total Au-ozsRepublic Area 1896-1995 17.55 2,486,000
Overlook 1990–1995 4.31 288,995Kettle/Granny 1990-1993 7.37 63,932Key East &West 1992-1993 3.97 129,882Lamefoot 1994-2001 6.01 607,225K2 1997-2007 5.70 257,760East Vein 2000-2003 4.90 39,344Emanuel Creek 2003-2007 8.08 191,161Buckhorn 2008-2015 10.57 1,004,325Motherlode 1900-1962 1.11 177,961Phoenix 1900-1978 1.13 1,015,165Camp McKinney 1887‐1962 18.71 81,602
Mines/Former Mines Gold Production
British ColumbiaWashington State
Kinross Acquires Land HoldingsAdjacent to Golden Dawn Minerals
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Property
City of Greenwood
Hwy #3
Kinross Gold Corp. (one of the 10 largest gold producers in the world) acquired an undivided 75‐per‐cent interest in approximately 27,346 hectares of landholdings adjacent to the Golden Dawn project.
Kinross Claims
Washington State, USA
British Columbia, Canada
Kinross Claims
Kinross
May Mac & Amigo Mines
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City of Greenwood
May Mac MineMay Mac Mine
Amigo Mine
Small scale historic production at the May Mac Mine from 1903 to 1983, totalled 3,574 tonnes, yielding 18.5 kilograms of gold, 693 kilograms of silver, 58 tonnes of lead, 36 tonnes of zinc and 864 kilograms of copper.
Inactive since the 1980s, the property includes 2 principal veins and at least 10 other veins carrying gold, silver, and base metals
Underground adits and tunnels in place On‐site water & power available
May Mac Mine
May Mac Lower Adit Historical records show that 35 tonnes of
ore at a grade of 318 g/t Au (9.3 oz/t Au) was mined from veins in 1903‐04
Power Line
Highway #3
Kinross Property
May Mac Mine
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Small scale historic production from 1903 to 1983, totalled 3,574 tonnes, yielding 18.5 kilograms of gold, 693 kilograms of silver, 58 tonnes of lead,36 tonnes of zinc and 864 kilograms of copper.
Adit #7
Adit #6
Adit #4
Adit #5
Mill
Adits #1,2,3
May Mac MineMill & Tailings
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Tailings Pond
100t/d mill on site owned by Golden Dawn 2010 View inside Mill
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May Mac MineHistoric Workings
May Mac MineHistoric Workings
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May Mac MinePlanned Stage 1 Underground Drilling
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In Stage 1, underground drilling is recommended to define the strike and dip of the vein and outline the extent of mineralization above and below No.7 Level. Specifically, it is recommended that two drill stations be cut in the No. 7 drift and fan holes drilled into the vein northeast of the drift. At least 9 holes should be drilled from each station for three lines of 3 holes. Each hole will be about 30 meters in length.
May Mac MinePlanned Stage 2 Underground Drilling
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In Stage 2, the cross‐cut at the end of No. 7 level will be extended to the vein and then to the northwest in the hanging wall of the vein. At every 50 meters a drill station will be cut to allow fan holes to be drilled into the vein. The aim of this work is to follow the vein along strike and determine the limits to the mineralized section(s). A total of approximately 150 meters of drifting is anticipated.
May Mac Mine2016 Development
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Conditional on positive results, a
third stage of underground
development is recommended,
including drifting and raising to
explore the vein and prepare for
stope mining of a bulk sample.
This work would be aimed at
determining the grade of
mineralized zones above the 7th
level for bulk sampling. Sub level
drifting at intermediate heights
between the 6th and 7th levels
would also be required as the
slope distance is large at
approximately 100 meters.
Amigo Mine Area2015 Sampling
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Kinross Property
City of Greenwood
Amigo Mine Area
Historic underground mine working on the Amigo No. 1 Vein consist of a cross cut (54 metres) and a drift along the vein (35 metres). Channel samples in the drift ranged up to 17.07 g/t gold over 0.4 metres. The Amigo Glory Hole underground mine workings consist of a cross cut (16 metres) and drift (13 metres) along the strike of the mineralized zone. Channel sampling previously returned results of 6.22 g/t gold over 1.3 metres.
2015 prospecting revealed the presence of a folded limestone unit crossing the property E‐W and N‐S and the discovery of skarn mineralization near the No. 2 vein.The region is known for skarn mineralization as shown in the neibhouring Motherlode, Phoenix and Buckhorn mines (see slide #4)
Capital Structure & Financials
Market Cap
Issued Shares
Shareholders
Directors/Management Ownership
$3.86M
48,262,123
+500
~15%
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Management
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Wolf Wiese ‐ President & CEOMr. Wiese has been involved in the conception and implementation of local and international businesses for the past 30 years, asstock broker and bank owner in Germany. Mr. Wiese has spent the past 16 years in the Mining Exploration Business, primarily as aconsultant and financier to public companies. He was the driving force behind Canadian Metals Explorations Ltd, now Hard Creek Nickel Ltd. from 1995 until 2004. During his tenure as the primary Financier/Consultant to the Company, Canadian ExplorationsLtd. Discovered one of the largest Sulfide Nickel deposits in the World. Mr. Wiese has been involved with Golden Dawn Minerals Inc since the inception of the company in 2004.
Ms. Andrea Yuan, CPA, CGA ‐ CFOMs. Andrea Yuan is a Chartered Professional Accountant (CPA)/Certified General Accountant (CGA) in British Columbia and a Certified Public Accountant (CPA) in New Hampshire. Ms. Yuan obtained her Bachelor of Economics from Shanghai University of Finance and Economics in 1994. Ms. Yuan started her career as an internal auditor and then as team head of the internal audit department at the Bank of China’s Shanghai Pudong branch in China from 1994 through to 1999. Ms. Yuan moved to Davidson and Company LLP, Chartered Accountants, in 2004 where she worked in the firm’s audit group. From November 2006 until 2009, Ms. Yuan was employed as an audit manager at Davidson. From 2009 until October 2011, Ms. Yuan was employed as an audit principal at Davidson. Currently, Ms. Yuan acts as Chief Financial Officer or financial consultant for several public companies listed on the TSX Venture Exchange, Canadian Securities Exchange and OTC Markets.
Dr. Mathew Ball, P.Geo. – Chief GeologistDr. Ball is a geologist with over 30 years of worldwide experience including underground precious metals mine development programs. For the past 5 years he was President and COO at the Bralorne gold mine in B.C. Dr. Ball brings a wealth of practical experience and knowledge of lode and epithermal gold‐silver, porphyry copper‐gold and related skarn deposits, all of which occurin the Greenwood area.
Management – cont’d
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Brian Mills – Mine Manager
Brian McClay – Advisor to Project Management Team
Brian Mills is president of Genex Mining Company Limited, a Kootenay B.C. based Mining Contractors. Brian comes from a long line of mining contractors. He is the fourth generation of his family to mine in the Silvery Slocan area of British Columbia.
Brian McClay is a mining contractor, diamond drill contractor and a mining development specialist who has worked globally for over 50 years in the recognizing and developing of mineral deposits . He has managed projects and mines in Canada, United States, Mexico, Ecuador, Russia and Australia. He was President and CEO of Mosquito Consolidated Gold Mines Ltd. from 1991‐2012 guiding this Company from a market capitalization of $400,000 to in excess of $100 million culminating in a hostile take‐over.
Directors & Advisors
Dr. Dieter Benz, PhD Mechanical Eng.
Stefan Bender
Non‐Executive Directors
Advisory Board
Stewart Jackson, PhD & P. Geo.
Michael Dufresne, M. Sc. & P. Geo.
Frank Wright, P.Eng (Processing Engineer)
George Sookochoff, B.Comm (Database Specialist)
Miningscout in Frankfurt Germany, Marketing Consultants Germany
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Creating Shareholder ValueThrough Acquisitions
Creating Shareholder ValueThrough Acquisitions
February 2016
TSX.V: GOM Frankfurt Xetra: 3G8A
#900‐525 Seymour StreetVancouver, B.C. Canada
V6B 3H7Tel: 604‐221‐8936Fax: 604‐336‐1490
This document has been reviewed and verified by Dr. Mathew Ball, P.Geo. a Qualified Person as defined by National Instrument 43‐101 who is independent of the Company.