The Future is Under Cover

Transcription

1 The Future is Under Cover TSX.V: NGE OTCQX: NVDEF

2 Disclaimer This Presentation contains certain "forward-looking statements" including, without limitation, expectations, beliefs, plans and objectives regarding the timing and nature of estimated future exploration, success of exploration activities, and potential transactions and ventures discussed. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in mineral exploration, the need to obtain additional financing, environmental permits, the availability of needed personnel and equipment for exploration and development, fluctuations in the price of minerals, and general economic conditions. Wade A. Hodges, CEO of Nevada Exploration Inc., is the Qualified Person, as defined in National Instrument , and has prepared the technical and scientific information contained in this Presentation.

3 Who We Are Focused on Under Cover Exploration New technology to see through cover Low-cost drilling methods to test more targets for less money Aggressively Acquiring District-Scale Projects in Nevada #1 junior for new claims in Nevada in 2016 (#4 after Kinross, Newmont, and Barrick) 110km 2 of drill-ready projects Proven Technical Team Involved in discovery of deposits totalling +37Moz in Nevada Share Capitalization 52.5M Outstanding (68.8M Fully Diluted) Insider Ownership: 18M (34%) Rosebud Twin Creeks Mule Canyon Elder Creek Lone Tree Goldbar Easy Junior Cove McCoy Wildcat Mtn. View Goldfield New Aurora +37 Moz of Gold in Nevada

4 C O V E R E D U N D E R E X P L O R E D E X P O S E D E X P L O R E D Tomorrow s Discoveries are Under Cover CANADA AUSTRALIA NEVADA 30% 25% 45% The Challenge Exposed bedrock areas are well explored and additional work is finding fewer deposits Conventional tools are poorly suited to covered settings, precludes systematic exploration, resulting in high-risk, low-value exploration 70% 75% 55% New search spaces provide new opportunities, but to be successful explorers need new tools to execute systematic, science-based, exploration KEY #1: technology to see through cover KEY #2: lower costs to test more targets

5 Seeing Through Cover: Groundwater Chemistry Covered deposits create measurable signatures in groundwater Perfect sampling medium for exploring in covered areas With 75% covered bedrock, the Australian industry has been at the forefront of championing groundwater chemistry exploration UNCOVER Initiative - largest industry and government funded geoscience project in Australia s history Industry sponsors: Barrick, Newmont, AngloGold Ashanti, BHP- Billiton, Rio Tinto, Oz Minerals, and many others St. Ives area, Eastern Goldfields Western Australia New and proven technology New lab technology is now sensitive enough to measure gold in groundwater directly Independent government researchers in Australia (CSIRO) and Nevada (USGS) have successfully delineated major covered gold deposits using groundwater chemistry

6 NGE s Generative Exploration Program Bringing power of groundwater chemistry to Nevada Nevada is #1 Au producer by area (+210Moz to date) is >50% covered NGE has completed world s largest groundwater chemistry program for gold 6,000 new groundwater samples and 50,000 historic analyses Game changing, unprecedented costs of US$1,000/km 2 As the first mover, NGE is opening up Nevada s basins to systematic exploration Unrivaled portfolio of new exploration targets in the heart of Nevada 3 active projects and 5 district-scale acquisition targets available for staking

7 Testing More Targets: Low-Cost Prospect Drilling Industry leaders are embracing low-cost drilling Unlocking the power of drilling for mapping and sampling during early-stage exploration NEVADA NGE s Scorpion Drill Rig NGE s Scorpion drill rig is made for Nevada Built to handle deeper cover for early-stage sampling of bedrock, overburden, and groundwater to 150m at $100/metre vs. $300/metre for conventional RC CANADA & AFRICA RAB Drilling AUSTRALIA Coil Tubing

8 NGE s Kelly Creek Project Kelly Creek Scorpion drilling: 53 holes, 4,560 m Designed to constrain and test structural targets defined by mapping, gravity, seismic, CSAMT, and groundwater chemistry Going from 2D to 3D: bedrock, alluvium, and groundwater Show Lone Tree Au in groundwater centred along projected fault zone projected fault E-W section across southern portion of property

9 120m Kelly Creek Scorpion Drill Results E-W section across central portion of property KCSB52 KCSB48 KCSB47 KCSB46 KCSB45 Au in Groundwater Results: Constraining targets and vectoring into mineralized units consistent with nearest deposit analogues at Lone Tree and Marigold bedrock KCBS46 Terminated at 0.1g/t Au in bedrock KCBS45 11m avg. 0.1g/t Au in bedrock

10 Cortez / Grass Valley Barrick s Cortez/Pipeline/Goldrush Complex Annual Au Production: >1Moz Total Contained Au: ~40Moz Moving beyond the trends Supported by Muntean (NBMG) theory Grass Valley Project 2016: Barrick moves NE-SW off-trend, into covered areas Grass Valley Covered and previously off trend NGE is systematically exploring using groundwater chemistry Resulted in two new exploration projects: Grass Valley and South Grass Valley South Grass Valley Project

11 NGE s South Grass Valley Project Geologic Setting Lower plate exposed at surface Projected shallow cover Size and magnitude of groundwater Au anomaly consistent with large Carlinstyle gold deposit (e.g. Twin Creeks) Planned Scorpion drill program Expected start: October 2017

12 Discovery Matrix Proven Team New Technology Coming Months: Receive final results from Kelly Creek Scorpion drilling Prepare for conventional drilling at Kelly Creek Move Scorpion drill rig to South Grass Valley (Fall 2017) Move Scorpion drill rig to Grass Valley (Spring 2018) Management Directors Under Cover in Nevada Low-Cost High-Value Exploration Wade Hodges, MSc, P.Geo CEO & Director James Buskard, MBA President Kenneth Tullar, P.Geo COO Dennis Higgs, B.Comm Chairman & Director John Larson, PhD Director Ben Leboe, CA, CPA Director Cyrus Driver, CA CFO Wade Hodges, MSc, P.Geo Director