Value Through Exploration Success & Development. September Investor Presentation

Transcription

1 Value Through Exploration Success & Development NEVADA FACTS Produces ~5MM oz Au/year, ~7% of the world total, ~1/4 from underground mines Proven + probable gold reserves are stable, ~75MM ounces, replacing production nearly every year Stable environmental regulations, economy & mining infrastructure Consistently ranked within the top 10 gold jurisdictions in the world to explore and mine by the Canadian Fraser Institute BVA:TSX.V BRTN:STU September 2018 Investor Presentation J.A. Kizis, Jr., (AIPG CPG-11513, Wyoming PG-2576), President of Bravada, is the Qualified Person that created or supervised & approved release of the technical information in this disclosure

2 Forward-looking Statement Some of the statements contained in this presentation may be deemed forward-looking statements. These include estimates and statements that describe the Company s future plans, objectives or goals, and expectations of a stated condition or occurrence. Forward-looking statements may be identified by the use of words such as believes, anticipates, expects, estimates, may, could, would, will, or plan. Since forward looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, reclamation, capital costs, and the company s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as but not limited to; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for the minerals the Company expects to produce; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the Company s activities; and changing foreign exchange rates and other matters discussed in this presentation. Persons should not place undue reliance on the Company s forward-looking statements. Further information regarding these and other factors, which may cause results to differ materially from those projected in forwardlooking statements, are included in the filings by the Company with securities regulatory authorities. The Company does not assume any obligation to update or revise any forward looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws, whether as a result of new information, future events or otherwise. The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this presentation, that has been prepared by management. BVA:TSX.V BRT: BRTN:STU FSE 2

3 Bravada Gold Corporation 2018 Exploration Highlights Wind Mountain Mapping, assaying, IP followed by drilling (Q2/Q3) to discover the highgrade feeder responsible for the large, disseminated Indicated + Inferred Gold/Silver Resource. SF Initial Proof-of-concept drill holes (Q3) to a discover gold deposit in similar host rocks & structure as the nearby large, high-grade Goldrush deposit. Quito Drilling planned (Q3) to extend historically mined high-grade mineralization at this Carlin-type property. Baxter Drilling planned (Q3/Q4) to expand shallow, oxide mineralization discovered at the Sinter target to a new target ~500m to the west. Highland & East Manhattan Drill ready, subject to funding. Pete Hanson & Gabel Expected to be drill ready after a soil-sampling program on each. North Lone Mtn Initial drilling of zinc and gold soil anomalies planned in Shoshone Pediment Permitting two barite open pits continues by Baker Hughes, royalty to Bravada possible in 2019/ property agreements with 18 public companies since 2005 BVA:TSX.V BRTN:STU BRT: FSE Possible Agreement Outcomes Minority working interest Sale Royalty interest Spin-out production company 3

4 A high-quality portfolio of properties with demonstrated gold mineralization in one of the world s premier gold-producing regions Wind Mountain BVA (100%) Oxide, open-pit/heap leach resource; Recently drilled 2 Proofof-concept holes targeting feeder zone with follow-up drilling Q2/Q Highland BVA (100%)High-grade Midas style gold veins, open for expansion & new veins under shallow cover, drill ready Baxter BVA (100%), shallow oxide gold discovery with follow up drilling planned Q3/ Shoshone Pediment Baker Hughes permitting 2 open pits for barite, BVA royalty from production Shoshone Pediment Wind Mtn. SF Pete Hanson Gabel. NoLM Quito SoLM Highland Baxter East Manhattan SF Drill targeting the same host rocks & structure as at Barrick s nearby large Goldrush/Red Hill deposit; Planning Q drilling North Lone Mtn Nevada Zinc funding initial drilling program in 2018 South Lone Mtn Nevada Zinc purchasing from BVA with retained royalty to BVA, drilling oxide zinc deposit on NZN s adjacent claims East Manhattan Midas style gold veins drilled by BVA extended by geophysics under thin cover, drill ready BVA:TSX.V BRTN:STU BRT: FSE BVA has 11 Nevada properties (~9,200 hectares) with 3 currently funded by partners 4 Quito Former gold producer, four new sites permitted for Q drilling

5 Wind Mountain Project Historic Production/Established Resource with HG Upside Highlights: 100% owned Au + Ag open-pit/heap-leach NI resource estimate & positive PEA in 2012 Exploring for a high-grade Feeder ; possible expansion of shallow resource into undrilled areas Historic Production by Amax Gold: 299,259oz Au recovered from 434,089oz Au mined, with 1,769,426oz Ag recovered (closed 1997) Current Resource Estimate (oxide at 0.005opt Au cut off): Indicated = 570,500oz Au with 14,700,000oz Ag Inferred = 354,300oz Au with 10,100,000oz Ag Positive PEA Au & $24.42/oz Ag: IRR = 29% Pre-tax & 21% After-tax NPV@5% = $42.9 M Pre-tax & $26.5 M After-tax BVA:TSX.V BRT: BRTN:STU FSE 5

6 Wind Mountain 2012 NI Resource Update 2012 Mineral Resource Estimate highlights increased value in the project Indicated resource increased to 570,500 oz gold Inferred resource increased to 354,300 oz gold Indicated resource contains 14,736,000 oz silver, whereas no previous silver resource reported Inferred resource contains 10,115,000 oz silver, whereas no previous silver resource reported BVA:TSX.V BRT: BRTN:STU FSE See news release NR dated April 11, 2012 for details of the resource update. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be classified as mineral reserves. There is no assurance that any part of the resources will ultimately be converted to mineral reserves. 6

7 High-grade Au in Fractures, More Fractures in Feeder? C. Payne, 2014, M.S. Thesis (Laser Ablation ICP MS) Sample of disseminated mineralization W.M. Pit 7 Au in ppm Au 30 ppm 28 ppm 26 ppm 24 ppm 22 ppm 20 ppm 18 ppm 16 ppm 14 ppm 12 ppm 10 ppm 8 ppm 6 ppm 4 ppm 2 ppm 0 ppm 0.2 mm Ag 5000 ppm 4500 ppm 4000 ppm 3500 ppm 3000 ppm 2500 ppm 2000 ppm 1500 ppm 1000 ppm 500 ppm Hg 3000 ppm 2800 ppm 2600 ppm 2400 ppm 2200 ppm 2000 ppm 1800 ppm 1600 ppm 1400 ppm 1200 ppm 1000 ppm 800 ppm 600 ppm 400 ppm 200 ppm As 7000 ppm 6500 ppm 6000 ppm 5500 ppm 5000 ppm 4500 ppm 4000 ppm 3500 ppm 3000 ppm 2500 ppm 2000 ppm 1500 ppm 1000 ppm 500 ppm 0 ppm 0 ppm 0 ppm

8 Wind Mtn South End Target WM South End Resource Projected SW to section Southeast Northwest WM Zones of +0.1g/t Au, Max 1.5m of 0.699g/t Au 100m WM , 135 TD 1,315 (~400m) 8

9 Wind Mtn Wind Pit Target WM Northwest Base of gold Resource blocks Base of strong silicification South Wind Pit WM Southeast 0.343g/t Au/0.510g/t Au-eq* 0.151g/t Au/0.267g/t Au-eq* Pyramid Volcanics Pyramid Volcanics (~fresh) *70:1 ratio for Ag:Au = Au-eq 200m WM , 135 TD 2,080 (~634m) BVA:TSX.V BRTN:STU 9

10 Wind Mountain - Ground Mag (RTP) Breeze Pit Wind Pit WM (TD= 634m) ~1,500m between DH s BVA:TSX.V BRTN:STU Feeder Zone? 10 WM (TD= 400m)

11 Waste from Wind Pit Wind Mountain Google Earth Heap leach pile Calcite +/- Quartz veins +/- Au/Ag values WM BVA:TSX.V BRTN:STU 11 South End Inferred Resource

12 QUITO PROJECT Looking Southeast production reported 174,460 Oz Au from original published reserve of 1.7MM short 6.34g/t Au* BVA:TSX.V BRTN:STU FSE *Bravada has not independently confirmed either the past production or remaining resource, and these historic figures should not be relied upon 12

13 Claim Outline 342 lode claims on USFS land (~2,768 hectares) Minor patented claims within claim outline not shown, but are outside of target areas Paleozoic Lower Plate Carbonates Cambrian Lower Plate Clastics Ji Qal Tv Quito Geology Valmy Upper Plate Clastics Aspen Quito Extension Q-4 Russ Ki Primary Exploration Targets along axis of anticline BVA:TSX.V BRT: FSE 13

14 Quito Extension Target - Southern End of Quito Open Pit Permit new sites in dark blue for 2019 The light purple line is possible plunge +17g/t Au +8.5g/t Au +3g/t Au +1.7g/t Au Quito pit Satellite pit 2018 targeting the area with light blue line, the plunge based on blast holes BVA:TSX.V BRTN:STU 14

15 Quito Intersecting Faults Make High-grade +17g/t Au +8.5g/t Au +3g/t Au +1.7g/t Au +0.5g/t Au BVA:TSX.V BRTN:STU Looking down plunge -30, 150 degrees at 8200 & 8100 benches, plus drill intercepts 15

16 World-class Cortez Gold District SF is within the intersection of the ~40Ma Battle Mtn trend and the ~15Ma Northern Nevada Rift, both important gold events BVA SF Project BVA:TSX.V BRTN:STU BVA:TSX.V BRTN:STU 16

17 Interpretation: SF Interpreted Cross Section Same Great Host Rocks / Same Great Potential Thrust model w/ high-grade breccia in core of hanging wall anticline within Unit 5 of the Wenban Fm Surface Au anomalies are possible leakage from significant mineralization in favorable hosts below West East West Proposed R.C. holes Est. 350m TD East 0.03 g/t Au 0.1g/t Au >0.3 g/t Au 180m 180m Magenta breccia pattern high-grade Au Orange color lower-grade Au halo HC05-01 >0.3 g/t Au ~500 meters km

18 Goldrush Complex Geological Comparison to BVA s SF project Feature Goldrush SF Carlin-type Au Trend Battle Mtn/Eureka Battle Mtn/Eureka Low-sulfidation-type Au Trend western edge of NNR eastern edge of NNR (Northern Nevada Rift) Surface mineralization none float to +100ppb Au Host rocks Wenban/Horse Cnyn Wenban/Horse Cnyn Structure thrust stack thrust stack Exposed Alteration none clay, FeOx after py See Barrick Website for details BVA:TSX.V BRTN:STU BVA:TSX.V BRTN:STU 18

19 Baxter Project Sinter Target Tr Td Tb Tsl Tb Sinter Target Drilling West Vein Target Tr Ta Qal 243 Lode Claims On BLM-administered Land Ta Ta Tr Tsl Chugiak Target Baxter Target Qal Rock assays <0.1 to 43.7 g/t Au BVA:TSX.V BRTN:STU BRT: FSE 19

20 Sinter Target Cross section 3D view looking north Post-mineral basalt Sinter Target Drilling Dacite Flow Dome Rhyolite & Rhyolite Breccia BAX g/t Au w/in Au Andesite (Magnetic) x x x x x Source (?) Intrusion x x x x 20 Andesite (Magnetic) Andesite (Magnetic) Drill-hole assays as disks 1g/t Au & above 0.1 to <1.0g/t Au 0.05 to <0.1g/t Au meters

21 Partner-funded Projects Shoshone Pediment Oblique View to ESE Scruffy Barite Deposit (not BVA, being permitted By Baker Hughes) Shoshone Pediment Barite Deposit (BVA) Miller Barite Mine (not BVA, inactive) Shoshone Pediment - Optioned to Baker-Hughes Permitting 2 open pits for barite at Shoshone Pediment & to drill new target BVA retains royalty from production, which is expected 2019/2020 BVA retains rights to other metals and has access to drill & other exploration data BVA claims North/South Lone Mtn Gold Projects - Both optioned to Nevada Zinc (formally Goldspike Exploration) NZN s drilling has partially delineated a highgrade oxide Zn deposit BVA s South Lone Mtn project partially surrounds the new zinc discovery BVA s North Lone Mtn property is in a similar geologic setting to the Lone Mtn Zinc discovery BVA:TSX.V BRTN:STU 21

22 Bravada Gold Corporation - Summary 5 projects Funded by Partners during 2017 (~US$750,000 spent) Self-Funded Exploration Drill Programs at Wind Mtn, Quito, SF, & Baxter projects during 2018 with Game-changing Potential Wind Mountain Project: Oxide, open-pit/heap leach resource with potential near-term production; recent self-funded drilling tested and identified restraints for high-grade feeder Mapping & sampling veins & geophysics planned to refine feeder target for follow-up drilling in 2018 SF Project: Similar host rocks/geological setting as at Barrick s nearby Goldrush/Red Hill discovery Self-funded drilling being planned for Q3, 2018 Quito: High-grade past-producer, ~US$1.1 spent towards $2.5MM earn-in for an initial 70%. 4 new sites permitted for drilling in 2018 Baxter: 13 RC holes in ,448metres; 7 holes intersected anomalous concentrations of gold including hole BAX17-07 with 3.0m of 3.7g/t Au within 9.1m of 1.38g/t Au 600m west of the Sinter Target Field verification planned for new target west of Sinter followed up by drilling 2018 Other projects: Low-sulfidation-type Highland & East Manhattan are drill ready after reprocessing of geophysics completed; Carlin-type Pete Hansen & Gabel are drill ready after soil sampling completed & interpreted. South/North Lone Mountain: Optioned to Nevada Zinc Purchase of SoLM from BVA for cash & royalty (NZN drilling oxide zinc deposit on adjacent claims) & 50/50 JV option for NoLM Shoshone Pediment: Optioned to Baker-Hughes Permitting in process for barite mine; cash & royalty to BVA, possibly beginning 2019/2020 BVA:TSX.V BRTN:STU 22

23 Management & Directors Senior Management Joseph Kizis, Jr., P.Geo. President Graham Thatcher, ACCA CFO Lawrence Page, Q.C. Legal/business advisor Arie Page Corporate Secretary Elliott Crist, P.Geo. Chief Geologist John Cox, P.Geo. Manager of Development Debbie Schneider, P.Geo. Data-base Manager and Computer Geologist Directors Joseph Kizis, P.Geo. President and Director Lawrence Page, Q.C. Director and Chairman Nigel Bunting Director G. Ross McDonald, CPA, CA Director John Kerr, P.Eng. Director Michael Rowley, P.Bio. Director Donald Head, Ll B Director A Manex Resource Group Company As a Manex Resource Group company, Bravada Gold Corporation benefits from shared expertise in: Corporate finance Public company administration Investor relations Technical and geological services BVA:TSX.V BRTN:STU BRT: FSE 23

24 Corporate Information Vancouver Office: Bravada Gold Corporation Suite West Hastings St. Vancouver, BC, V6E 3T5, Canada Market Cap February 16, 2018 ~$5 $0.10/share Shares Outstanding 47,534,619 Fully Diluted 79,697,382 Options Outstanding 3,705,500, ~Cd$700,000 to Bravada if all exercised Warrants Outstanding 28,442, ,510 Finder s Warrants, ~Cd$3.6MM to Bravada if all exercised Reno Mailing Address: Bravada Gold Corporation 4790 Caughlin Pkwy, #207 Reno, NV USA Reno Office Location: Bravada Gold Corporation 4600 Kietzke Lane, Building B, Suite #112 Reno, NV Tel: Management & close associates ~12% BVA:TSX.V BRTN:STU BRT: FSE 24