Optimized june kaminak presentation 06-01-2012
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Transcript of Optimized june kaminak presentation 06-01-2012
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Forward Looking Statements This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of
this presentation and Kaminak Gold Corporation does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property interests; future prices of mineral resources; accidents, labour disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals or financing.
This presentation does not constitute an offer to sell or solicitation of an offer to buy any securities of Kaminak Gold
Corporation. Kaminak’s disclosure of a technical or scientific nature in this presentation has been reviewed and approved by Dr. Rob Carpenter, Ph.D., P.Geo., Kaminak’s President and CEO, who serves as a Qualified Person under the definition of National Instrument 43-101. The Coffee property is an early stage exploration property and does not contain any mineral resources as defined by National Instrument 43-101.
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Share Structure………………………………………………………………………………………………………………………… Targeting Near-Surface, High-Grade Oxide Gold in Canada…….……………………………………….... Coffee Project 2010-2011.…………………………………………………………………….………….………………….. 2012 Phase One Exploration Program.…………………………………………………………………………………… District Scale Exploration Potential….…….……………………………………………………….……………………. Coffee Mineralized Zones………………………………………………………………………………………….….….……. Initial Metallurgical Testing.......………………………………………………………………………………….………. Behind the Numbers…………..…………………………………………………………………………………………………. How We Find Gold…………………………………………………………………………………………………….……………. Coffee Sugar Comparison……………………………………………………………………………………………..………. Supremo-Connector-Latte-Double Double……………………..………………………………………………...… Analyst Coverage……………………………………………………………………………………………………………………. The Kaminak Team…………………………………………………………………………………………………….…………… Appendices: Coffee Infrastructure, Geology & Mineralized Zones……………….………………….
Outline 4
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Share Structure As of June 2012
Shares Issued: 76,929,458 Fully Diluted: 84,587,093 Cash: $22,360,184 Debt: None Insider Ownership: 3.7% Institutional Ownership: 25%
Including: RBC Global Asset Management Inc., Sentry Investments, AGF Investments Inc., Acuity Investments Management Inc., Middlefield Capital Corp., Manulife Asset Management Ltd., Sprott Asset Management LP.,
Front Street Investment Management Inc., TD Asset Management Inc., CIBC Global Asset Management Inc.
Broker Warrants Outstanding: Insider Options Outstanding:
932,635 warrants at a weighted average of $3.10 6,725,000 options at a weighted average of $2.81
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Targeting Near-Surface, High-Grade Oxide Gold in Canada
100% ownership of the150,000 acre Coffee Project, Yukon Territory Closely spaced deposits All zones begin at surface and open in all directions High-grade and extensive oxide mineralization present in all zones Positive preliminary oxide metallurgy Consistent, repeatable assay results (no nugget effect) Gold evenly distributed within mineralized zones Structurally late gold mineralizing event Gold hosted in multiple structural trends Proven low-cost exploration methodology Only 15% of the Coffee property systematically explored 20kms of gold in soil anomalies yet to be drill tested
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Coffee Project 2010-2011
64,000m of drilling completed $32.5 million exploration expenditures 9 gold discoveries
Collected 25,941 soil samples to date Positive preliminary oxide metallurgy
Permitted and built a 23km road and airstrip in less than two years
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2012 Phase One Exploration Program
Maiden NI 43-101 Inferred Resource Expected: Q1 2013 Resource Drill Strategy: Target Near-Surface, High-Grade Oxidized Gold Mineralization
Steady Drill Related News Releases Throughout 2012
NEWS FLOW
ENVIRONMENTAL
DRILLING
SOIL SAMPLING
SOCIAL RESPONSIBILITY
Q1 Q2 Q3 Q4
Metallurgy Drill assay results
50,000m expansion drilling & new targets (Sugar)
10,000 soil samples
Water quality sampling, plant & wildlife surveys
Heritage studies (oral history & archeological studies)
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District Scale Exploration Potential
Double Double Kona
Espresso
Americano
Latte & Connector Supremo
Americano West
Sugar
Coffee Creek Camp
Road
Macchiato
767 3086
50kms
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Supremo
Latte
Double Double
Open
Connector
T1
T2
T4
T6
T8
Supremo-Connector-Latte-Double Double
Known mineralized trends projected to surface
T3 T5
T7
Priority 2012 drill targets (interpreted structural zone)
T2 South
T3 South
T4/T5 Target
Gold in soils (ppb)
Drill collar
23 km road
Road
>500 100 – 500 50 – 100 25 - 50
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Coffee Mineralized Zones
Gold in soils (ppb)
Road Drill collar
Latte 9.61 g/t Au over 17m 2.11 g/t Au over 59m
Double Double 6.3 g/t Au over 35m 74.9 g/t Au over 4m
Connector Zone 5.5 g/t Au over 11m 11.09 g/t Au over 4m
Kona 2.2 g/t over 56.75m 5.16 g/t over 10.67m
Latte Extension 3.0 g/t Au over 6m
Supremo T3 17.1 g/t Au over 15.5m 8.23 g/t Au over 18.29m Latte North
2.6 g/t Au over 13m
Americano 2.4 g/t over 18m
Macchiato 5.43 g/t Au over 5m
Supremo T2 6.48 g/t Au over 9.15m
>500 100 – 500 50 – 100 25 - 50
Supremo T4-5 3.62 g/t Au over 32m
2.11 g/t Au over 36.58m
10 Mineralized Zones
50 km Sugar
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Initial Metallurgical Testing from Oxide Mineralization at Supremo and Latte
Lack of glaciation at Coffee caused extensive weathering and oxidation of high-grade gold zones. Completely oxidized mineralization extends to at least 125m vertical depth at Supremo and ranges from 75 to 150m vertical depth at Latte Simulated heap leach test results of 90.4%, gold recoveries achieved after 80 days, includes 83.2% recoveries over the first 15 days Bottle-roll results of 96.3% to 98.5% gold recoveries for carbon-in-leach (CIL) and carbon-in-pulp (CIP) testing
Rapid Gold Extraction from Simulated Heap Leach Test
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Behind the Numbers
Supremo CFD-01 17.1 g/t Au over 15.5m (15m-31m)
Latte CFD-80 17.37 g/t Au over 7m (60m-67m)
HoleID From (m) To (m) Width (m) Au (ppm) CFD0001 14 15 1 0.364 CFD0001 15 16 1 1.24 CFD0001 16 17 1 0.939 CFD0001 17 18 1 5.82 CFD0001 18 19 1 12.05 CFD0001 19 19.6 0.6 35.8 CFD0001 19.6 20 0.4 14.35 CFD0001 20 20.8 0.8 14.65 CFD0001 20.8 21.3 0.5 10.55 CFD0001 21.3 22 0.7 20.6 CFD0001 22 23.05 1.05 1.215 CFD0001 23.05 24 0.95 21.4 CFD0001 24 25 1 31.9 CFD0001 25 26 1 33.9 CFD0001 26 27 1 31.2 CFD0001 27 28 1 21.7 CFD0001 28 28.6 0.6 60.9 CFD0001 28.6 29.2 0.6 6.26 CFD0001 29.2 30 0.8 4.48 CFD0001 30 30.5 0.5 3.51 CFD0001 30.5 31 0.5 0.828 CFD0001 31 32 1 0.14
HoleID From To (m) Width (m) Au_ppm CFD0080 59 60 1 0.101 CFD0080 60 61 1 17.65 CFD0080 61 62 1 28.1 CFD0080 62 63 1 25.7 CFD0080 63 64 1 1.03 CFD0080 64 65 1 18.05 CFD0080 65 66 1 5 CFD0080 66 67 1 26 CFD0080 67 68 1 0.188
Latte CFD-164 5.5 g/t Au over 14m (353m-367m)
HoleID From (m) To (m) Width (m) Au (ppm) CFD0164 352 353 1 0.22 CFD0164 353 354 1 10.45 CFD0164 354 355 1 9.36 CFD0164 355 356 1 6.46 CFD0164 356 358 2 2.42 CFD0164 358 359 1 1.675 CFD0164 359 360 1 1.195 CFD0164 360 361 1 3.03 CFD0164 361 362 1 2.23 CFD0164 362 363 1 5.17 CFD0164 363 364 1 3.19 CFD0164 364 365 1 13.1 CFD0164 365 366 1 7.36 CFD0164 366 367 1 8.48 CFD0164 367 368 1 0.383
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Behind the Numbers (2)
Depth (m)
½ core 30g FA (g/t Au)
½ core 1kg screen FA (g/t Au)
¼ core 1kg screen FA (g/t Au)
Avg. 1kg screen FA (g/t Au)
105-106 105.5 105 135.5 120.25
106-107 106 109 88.4 98.7
107-108 62.7 64 88.8 76.4
108-109 4.14 4.49 3.99 4.24
Double Double CFD-90 yields 74.9 g/t Au over 4m starting at 105m core length
Re-assay checks and duplicate screen-method fire assay sampling of this ultra high-grade interval yielded repeatable results
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How We Find Gold 2010 Soil Results and Land Position
15,164 Total Samples (971 > 25 ppb Au; 487 > 75 ppb Au)
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Gold in soil at newly defined Sugar Trend compared to known drill discoveries
Latte – Double Double – Supremo Drill Discoveries
(176 drill holes 2010-11)
Sugar Trend No Previous Drilling New 2012 Drill Target
9.6 g/t / 17m Latte
Latte North Connector
Double Double
Supremo
Sugar North
Sugar South 2.6 g/t / 13m
3.7 g/t / 16m 5.5 g/t / 11m
74.9 g/t / 4m
4.7 g/t / 4m
3.7 g/t / 16m
17.1 g/t / 15.5m 3 g/t / 12m
1.6 g/t / 11m
1.3 g/t / 51m
T1
T2 T3
T4
T5
T6
Coffee – Sugar Comparison
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Supremo
Latte
Double Double
Open
Connector
T1
T2
T4
T6
T8
Supremo-Connector-Latte-Double Double
Known mineralized trends projected to surface
T3 T5
T7
Priority 2012 drill targets (interpreted structural zone)
T2 South
T3 South
T4/T5 Target
Gold in soils (ppb)
Drill collar
23 km road
Road
>500 100 – 500 50 – 100 25 - 50
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100m
100m
Scale
CFD-127 2.27 / 12m CFD-133 (NSV)
CFD-117 0.85 / 3m
CFD-138 (NSV)
CFD-145 2.38 / 9m 1.05 / 4m
CFD-109 5.03 / 1m CFD112 1.02 / 4m
CFD-122 2.12 / 14m CFD-140A 2.04 / 19m
CFD-99 1.9 / 41m 1.94 / 3m 1.91 / 2m CFD-105 2.04 / 11m 1.58 / 17m 1.99 / 9m
CFD-94 5.42 / 1m 1.81 / 5m CFD-96 2.17 / 13m 1.75 / 2m 1.45 / 3m 2.58 / 14m
CFD-123 13.46 / 5m 2.18 / 21m 1.11 / 31m
CFD-85 1.61 / 5m 1.55 / 38m 0.93 / 13m CFD-87 2.65 / 31m 1.15 / 69m
CFD-82 3.19 / 3m 9.61 / 17m CFD-84 0.96 / 30m 0.69 / 3m
CFD-91 8.64 / 10m
CFD-125 (NSV)
CFD-116 (NSV)
CFD-115A 2.11 / 59m 1.05/10.65m 2.4 / 5m CFD-119 4.13 / 2m 11.96 / 3m 2.44 / 3m 2.5 / 31m
CFD-107 3.77 / 5m 3.82 / 1m 2.02 / 4m CFD-110 1.69 / 6m 2.81 / 5m 1.09 / 37m 1.48 / 5m
CFD-113 8.46 / 7m
CFD-78 1.17 / 5m 5.0 / 3m 1.11 / 44m
CFD-44 2.23 / 39m 3.32 / 6m CFD-45 1.11 / 68.8m 1.67 / 13.1m 1.04 / 8.27m
CFD-80 7.29 / 2m 2.79 / 3m 17.37 / 7m 1.01 / 53m
CFD-35 1.74 / 37m 2.0 / 21m 1.56 / 7m CFD-41 0.86 / 7m
CFD-11 2.17 / 56m CFD-12 1.39 / 51m 1.75 / 14m 17.4 / 1m
CFD-6 1.17 / 39.9m 1.48 / 27m CFD-7 1.15 / 54m 1.24 / 8m
CFD-31 1.29 / 24m CFD-32 2.32 / 2m
CFD-8 2.34 / 3m 1.46 / 39m 3.36 / 2m CFD-9 1.22 / 36m 0.72 / 27m
CFD-38 1.0 / 19m 4.78 / 1m CFD-40 8.05 / 2m 10.45 / 1m 4.28 / 2m
CFD-111 3.84 / 1m 2.06 / 2m
CFD-89 0.73 / 38m 2.01 / 13m CFD-92 1.23 / 10m 7.79 / 5m
CFD-102 0.66 / 21.9m 1.89 / 26m
CFD-114 1.42 / 3m 6.44 / 10m CFD-118 1.07 / 5m 6.15 / 1m
CFD-97 2.44 / 4.76m 8.96 / 3m 4.93 / 3m 15.51 / 3m CFD-100 0.96 / 6m 2.69 / 1m
CFD-10 3.71 / 16m
CFD-95 1.89 / 10m 1.8 / 2m 2.07 / 6m
CFD-48 5.55 / 9m CFD-50 8.15 / 5m
CFD-128 0.6 / 5m CFD-130 1.05 / 3m
CFD-132 & 134 (NSV)
CFD-103 3.86 / 17m
CFD-120 3.11 / 2m 1.1 / 16m
CFD-106 1.85 / 2m 1.3 / 2m 0.88 / 3m CFD-108 2.92 / 6m 2.11 / 6m
CFD-121 0.94 / 4m 1.0 / 5m
CFD-124 1.04 / 20m CFD-126 (NSV)
CFD-129 1.78 / 13m 1.83 / 16m CFD-131 1.77 / 3m 1.83 / 18m 1.44 / 4m
CFD-73 1.98 / 1m
Latte East
Latte West W E
Points represent vertical depth at start of mineralized zone traced on section 6973200N
Interpreted plunge line
Total gram-meters Au
CFD-135 1.5 / 3m 3.23 / 5m CFD-136 7.46 / 1m
CFD-139 2.51 / 2m
CFD-142 1.62 / 1m
CFD-164 1.54 / 4m 5.47 / 14m 1.31 / 10m 5.49 / 11m 20.52 / 3m 2.81 / 13m
CFD-169 3.8 / 8m 11.5 / 1m 3.74 / 3m 1.12 / 48m
CFD-174 1.14 / 26m
CFD-171 4.33 / 2m 1.43 / 2m 0.87 / 3m 1.1 / 2m 1.91 / 10m 1.44 / 5m
CFD164
CFD136
CFD108 CFD139
CFD106
CFD135
CFD73 CFD171 CFD174
CFD131 CFD126 CFD123
CFD142 CFD140A
CFD128 CFD31 CFD130 CFD111
CFD6 CFD9 CFD8 CFD92
CFD102 CFD7
CFD121 CFD41
CFD124 CFD129 CFD105 CFD78 119 CFD133
CFD120 CFD114 CFD99 115A
87 CFD48
CFD11 CFD89 CFD38 CFD97 CFD12
CFD95 CFD80
CFD169 CFD103 CFD50 CFD145
CFD40 85 CFD10 CFD122 CFD32
CFD127 CFD35 CFD45 CFD94 CFD96 CFD44 CFD112 110 84
113 82 CFD116 107 CFD117 91 CFD109
CFD138
Latte Longitudinal Section
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Latte Cross Section 2850E
CFD-164 is the deepest hole ever drilled on the Coffee property and intersected a total of over 250 gram-metres
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Analyst Coverage
RBC Capital Markets Inc. • Michael Curran, CFA – Director, Global Mining Research & Precious Metals Research Analyst
Raymond James Ltd. • Gary Baschuk – Equity Analyst, Mining and Metals
Fraser Mackenzie Limited • Michael Starogiannis, P.Eng., MBA – Analyst, Metals & Mining
Mackie Research Capital Corporation • Barry Allan, B.Sc., MBA – Vice Chair, Mining Group and Director & Senior Mining Analyst
Paradigm Capital • Don MacLean - Senior Analyst, Precious Metals
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The Kaminak Team
Management Team
Rob Carpenter, Ph.D., P.Geo. President, CEO & Director
Tony Reda Vice President Corporate Development
Tim Smith, M.Sc. Vice President Exploration
Craig S. Finnigan, Ph.D., P.Geo Chief Geologist
Rory Kutluoglu, P.Geo Exploration Manager
Jonathan Singh, BAccS, CGA CFO
Blair Lockhart, LLB, LLM, M.Sc. Corporate Secretary
Board of Directors
Rob Carpenter, Ph.D., P.Geo. President, CEO & Director
John Robins, P.Geo. Chairman & Director
Bruce McLeod, P.Eng Director
Garth Kirkham, P.Geo. Director
Jim Paterson, B.Comm. Director
Proven track record of identifying and acquiring large-scale gold systems
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Coffee Infrastructure and Accessibility………………………………………………………. Coffee Geophysics……………………………………………………………………………………….. Coffee Geology…………………………………………………………………………………..……….. Double Double Zone..…………………………………………………………………………………… Kona-Americano-Espresso Zones………………………………………………………………….. Yukon Territory Overview……………………………………………………………………………. Contact Information……………………………………………………………………………………..
Appendices
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Three Bulk Fuel Tanks (75,000 liter capacity each)
New 900m Airstrip
Commercial Barge Landing Site
23 km road connecting Coffee camp, Commercial barge landing site and airstrip
to Latte, Connector, Double Double and Supremo
Old Airstrip
Helipad Coffee Camp
Yukon River
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Coffee Project – Ground Magnetics
15 km
Area Explored
Americano
Espresso Kona Double Double Latte
Arabica
Supremo
Java
Mocha Latte North
Latte Extension
Connector
Inferred Structure
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Coffee Project – Geology
Granite
Bt/Felds/Qtz Schist Mixed Gneiss
15 km
Area Explored
Americano
Espresso Kona Double Double Latte
Arabica
Supremo
Java
Mocha Latte North
Latte Extension
Connector
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Double Double Zone
Latte
CFD-69 5.5 g/t / 11m CFD-71 3.16 g/t / 7m New discovery
CFD-27 2.04 g/t / 9m 6.3 g/t / 35m CFD-28 15.91 g/t / 5m 2.13 g/t / 3m 1.37 g/t / 3.4m
CFD-88 25.4 g/t / 2m CFD-90 74.9 g/t / 4m 5.89 g/t / 2m 7.22 g/t / 2m
CFD-101 14.35 g/t / 2m CFD-104 56.4 g/t / 1m
CFD-13 1.43 g/t / 5m CFD-14 (holes did not reach North Trend zone)
CFD-77 5.78 g/t / 2m CFD-79 4.55 g/t / 2m
CFD-83 16.65 g/t / 1m CFD-86 1.0 g/t / 9m
CFD-93 8.23 g/t / 3m 12.15 g/t / 3m 5.31 g/t / 6m 6.21 g/t / 5m CFD-98 4.32 g/t / 4m 2.0 g/t / 6m
CFD-81 8.37 g/t / 5m
800m
Double Double North Trend
Central Trend
CFD-149 1.51 g/t / 17m 10.12 g/t / 2m CFD-152 11.09 g/t / 4m 1.9 g/t / 8m
CFD-144 3.52 g/t / 5m 3.99 g/t / 4m CFD-146 1.0 g/t / 6m
Connector
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Kona – Americano – Espresso Zones
Americano
Kona
Espresso
Link Structure
2010 Highlights 1.9 g/t Au over 13m 0.9 g/t Au over 36m 2.4 g/t Au over 18m 1.6 g/t Au over 5m
2010 Highlights 2.2 g/t Au over 57m 1.9 g/t Au over 23m
2010 Highlights 1.4 g/t Au over 8m
2010 Highlights 1.0 g/t Au over 20m 1.5 g/t Au over 7m
2011 Highlights 5.16 g/t Au over 10.67m 5.52 g/t Au over 7.62m
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CFR-79 2.87 / 7.62m
CFR-57 1.53 / 3.05m
CFR-56 1.34 / 10.66m 5.16 / 10.67m 4.0 / 3.04m 1.31 / 3.05m
CFD-137 4.25 / 5m 3.73 / 2m
CFR-62 2.51 / 1.52m
CFR-63 2.33 / 12.8m 1.22 / 9.14m 1.01 / 6.09m 1.01 / 4.57m
CFR-64 1.31 / 22.86m 0.89 / 4.57m 0.97 / 3.05m
CFR-65 2.24 / 4.58m 1.5 / 3.05m 1.73 / 3.04
CFR-72 1.87 / 4.57m 3.44 / 1.53m 5.52 / 7.62m
CFR-73 1.93 / 3.05m 1.09 / 16.76m 2.05 / 4.57m
CFR-74 1.21 / 4.58m 2.54 / 16.76m
CFD-150 2.31 / 6m 3.84 / 3m 1.95 / 2m 3.3 / 2m
CFR-76 1.6 / 12.19m 1.55 / 3.05m 0.69 / 3.04m
CFR-77 0.77 / 7.62m
CFD-141 2.2 / 6m 1.2 / 2m 1.05 / 7m 2.04 / 2m
CFR-67 1.31 / 6.1m 4.23 / 4.57m 2.38 / 1.52m
CFR-68 3.39 / 3.05m
CFR-69 2.8 / 4.57m
CFD-143 1.07 / 2m 1.01 / 6m
CFR-59 1.39 / 10.67m 1.35 / 9.15m 2.33 / 3.05m
CFR-60 4.5 / 9.15m
CFR-61 2.07 / 19.81m 0.93 / 7.62m 1.45 / 3.05m
CFR-55 2.48 / 27.43 1.0 / 32m
CFR-54 1.43 / 6.1m 1.39 / 15.24
CFR-80 (NSV)
CFR-83 1.35 / 3.05m
CFR-84 5.32 / 3.04m
CFR-71 1.38 / 4.57m
CFD-147 2.28 / 5m 1.39 / 3m
CFR-66 0.88 / 3.05m 1.2 / 4.58m
CFR-81 (NSV)
CFR-82 (NSV)
CFR-58 (NSV)
Horizontal Loop EM response co-incident with Kona mineralized zone
CFR-70A 1.18 / 1.52m
CFR-75 2.3 / 1.52m
CFR-78 1.08 / 1.53m
Kona Zone
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Granite; clay and limonite altered; mottle silica and local oxidized pyrite cubes; aphanitic dike uphole
Kona Zone
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Yukon Territory Over 100 Years of Mining History
Pro-Exploration & Mining Jurisdiction • Ranked 4th in the world by the Fraser Institute • Yukon controls and administers its natural resources - Decisions are made by Yukoners • Government actively promotes responsible mineral development • Three operating mines: Minto, Bellekeno and Wolverine • Favourable tax and mining incentives • Mining laws with secure mineral tenure
Accessible and Connected to the World • Physical infrastructure includes over 4,800 km of all-weather roads • International airport plus 10 community airports • Direct access to Asia via two ice-free ports in Alaska, Yukon • Broadband telecommunications network
Settled Land Claims • 14 First Nations, 11 with Settled Land Claims including Coffee
Resource Rich and Underexplored • Over 20 million ounces of recovered placer gold reported, production is ongoing • Bedrock source for all placer gold remains a mystery • Over 2,600 known mineral occurrences • More than 80 deposits with established reserves • New greenfields discoveries (Coffee, White Gold and Rau)
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Contact Information
KAM: TSX-V
www.kaminak.com
Tony Reda, Vice President Corporate Development
Head Office
Suite 1020-800 West Pender Street Vancouver, BC V6C 2V6
Toll Free: 1-888-331-2269 Direct: 604-646-4534 Email: [email protected]