SUMMER 2016 PRESENTATION

Transcription

SUMMER 2016 PRESENTATION
SUMMER 2016 PRESENTATION
TSX.V: ATG
Forward Looking Statement
This presentation includes “forward-looking information” and “forward looking statements”(“forward-looking statements”) within the meaning of applicable securities laws. All
statements other than statements of historical fact are forward-looking statements. Forward-looking statements included herein are with respect to resource estimates and
exploration targets and the potential for the discovery of additional gold deposits; the initiation and outcome of test-mining and processing and the ability to generate cash there
from; the securing of requisite production permits and the completion of the matters identified under “Timelines” and the respective timing thereof; and the approval of the Idaho
Court to the payment plan for the Clean Water Act penalty. Such are based on assumptions, estimates, opinions and analysis made by management in light of its experience,
current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. These assumptions include the accuracy
of historical records, the accuracy of the Company’s resource estimates and the geological, metallurgical and price assumptions on which they are based, the availability of
adequate financing on a timely basis, and the ability to achieve operating cost estimates and to complete outstanding environmental litigation. Forward-looking statements involve
known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements.
Risks and uncertainties that may cause actual results to differ materially include, but are not limited to, the speculative nature of mineral exploration, development and mining
(including uncertainties with respect to the interpretation of geology, continuity, size and grade estimates and the recoverability of mineral reserves and resources); the
Company’s limited financial resources and the delay or inability to obtain additional financing on satisfactory terms; the delay or inability to resolve the environmental litigation on
satisfactory terms and to comply with the terms thereof; operational and technical difficulties which could increase development and operating costs; risks associated with the
business of mineral exploration, development and mining, including the ability to obtain requisite permits and licenses, environmental, health and safety hazards, fluctuations in
resource prices and currency exchange rates and changes in government regulations; changes in general economic and financial market conditions; as well as other risks and
uncertainties identified in the Company’s filings available at www.sedar.com. Should any of the risks or uncertainties materialize or should any of the assumptions prove to be
incorrect, then actual results could vary materially from those expressed or implied in the forward-looking statements and you should not place undue reliance on such
statements.
The mineral resource estimates included herein were prepared in accordance with the requirements of Canadian securities regulatory authorities which differ significantly from
those of the United States Securities and Exchange Commission. The SEC applies different standards in order to classify mineralization as a reserve and does not recognize the
terms “measured, indicated and inferred resources” and you should not assume that all or any part of the mineral deposits in these categories constitute or will ever be converted
into reserves. Inferred resources have a great amount of uncertainty as to their existence and economic feasibility and it cannot be assumed that all or any part of an inferred
mineral resource will be upgraded to a higher category.
Summer 2016
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Highlights
 Experienced Board and Management team
 Significant existing NI 43-101 resource increased to 752,000 Au oz
Indicated and 385,900 Au oz Inferred
 Atlanta Shear Zone remains open along strike and at depth, with
lateral extensions and splays
• Significant potential in surrounding mineralized structures which
hosted historic mines
 Potential to generate cash flow from small test processing from the
Neal, Atlanta and other potential properties
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Capital Structure
Symbol
TSXV: ATG | OTC PINK: ATLDF
Share Price (July 29, 2016)
$0.09
52 Week High/Low
$0.105 / $0.045
Shares Outstanding
38.45 Million
Warrants
3.59 Million
Convertible Debt & Loans
21.14 Million
Fully Diluted
63.18 Million
Market Capitalization
$3.46 Million
Institutional Ownership
8.65 Million
Management Ownership
3.89 Million
Road Berms - Safety
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Board and Management
ALLAN FOLK, CHAIRMAN
Mr. Allan Folk brings to the board over 35 years of experience in the investment industry with a bias toward the resource sector. He is currently the Vice President of Brant
Securities and serves as Vice President of Institutional Equity Sales at Forte House Inc. Mr. Folk also serves as a director of Barkerville Gold Mines Ltd and CEO and director of
Monarca Minerals Inc. He is Chair of the audit committee of Atlanta Gold Inc.
JAMES GRAY, DIRECTOR
Mr. James Gray has over 50 years experience in oil and gas industry; formerly a co-founder of Canadian Hunter Exploration Ltd.; Director of Brookfield Asset Management Inc.,
Cequence Energy Ltd. and PHX Energy Services Corp. He was appointed Officer of the Order of Canada; awarded an Honourary Doctor of Law from University of Calgary; and
received the YMCA Fellowship of Honour in 1995. Recently, retired as Chairman of Atlanta Gold Inc . Presently, he is a member of the audit committee..
ERNEST SIMMONS, PRESIDENT & CEO AND DIRECTOR
Prior to his promotion in June 2012 to CEO, he served as Chief Operating Officer and Vice President of Mining for the Company. Mr. Simmons has over 50 years of mining
industry experience with a long history in the Canadian, U.S. and Mongolian mining industry as a miner, supervisor, manager and corporate director. Mr. Simmons is a graduate
of the Haileybury School of Mines and Regis University, Denver and has been with the Company since January 2008.
ERIC BERENTSEN, DIRECTOR
In January 2014, he accepted the position of Vice President of Atlanta Gold Corporation. Mr. Berentsen has over 36 years experience as a geologist and has been a Director of AGI
since 2006; he was formerly the President of Jipangu Exploration Inc. and also formerly senior geologist with Placer Dome Inc., Apollo Gold Inc. and Getchell
Gold Corp.
JOHN JACKSON, DIRECTOR
Founded Jacksons Food Stores, Inc. a nationally recognized chain of 205 branded convenience stores. Owns and operates Jackson Oil and Capitol Distributing. Jackson Oil is a
wholesale and transportation company delivering fuel to over 600 branded retail locations. Capitol Distributing is a grocery wholesaler that delivers merchandise to over 400
convenience store locations.
KENJI SAKAI, DIRECTOR
Mr. Kenji Sakai has been an Executive Director and General Manager of Jipangu Inc. since 2009. Prior to his position at Jipangu, he held senior partner, managing director and
CEO positions at Asahi Shinwa Company (currently KPMG Azusa LLC), Asahi Ernst & Young Consulting, Arthur Andersen, KPMG Consulting ( PwC Consulting ), Huron Consulting
and Maxis Consulting. He has over 10 years of experience as director and over 10 years of consulting experience including corporate strategy development, merger and
acquisition and turn around management. Mr. Sakai has been a Director at Florida Canyon Mining, Inc., Jipangu Exploration Inc. and Standard Gold Mining, Inc. since May 2012.
He has co-authored articles in several industry journals including Japan Management Association and Toyo Keisai. Mr. Sakai earned a Bachelor of Law degree from Dokkyo
University and an MBA from the University of Washington (Seattle, Washington). He is a member of the audit committee of Atlanta Gold Inc.
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Organizational Chart
Atlanta Gold Inc.
Atlanta Gold Corporation
100%
100%
HydroClean Resources,
LLC: High-Priority
Partnership
Mineral Point, LLC:
Feb. 13, 2015
51%
Neal Development, LP:
Commenced July 1, 2015
Neal Development:
Commenced
July 1, 2015
54 Units Available
Summer 2016
Monarch Property:
Available
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Pearl Property:
Available July 2016
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Developing a Sustainable Project
Environmental Priorities:
 Protecting Air, Water and Ground Quality
 Protecting Endangered Species
 Protecting and / or Mitigating Loss of Forested Wetlands
 Improving Water Quality
Projected Benefits:
 Projected benefits to the local community arising from commencement
of commercial production at the Atlanta Gold Mine include:
•
Provide ongoing direct and indirect employment for approximately
400 people when the entire Project is permitted and full
production has been achieved
•
Increase business and employment opportunities
•
Improve and develop alternate year-round access routes to back
country from Atlanta
•
Enhance emergency services such as fire prevention, medical
evacuation and security
North Slope: Proposed site for
infrastructure for processing
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Atlanta’s NI 43-101 Resource Estimate
as of July 31, 2016
GOLD
SILVER
Grade
Area
Grade
Grams Ounces of Ounce
Tons
Cut-Off
Ounces
Gold
(000’s)
Per
Per Ton
(000’s)
Grade Au Per Ton Au
Ag
Tonne
Au
(opt)
Ounces of
Grams Ounces of Silver as
Silver
Gold
Per
Equivalent
Tonne
(000's)
(000's)
Ag
TOTAL
EQUIVALENT
OUNCES OF
GOLD
(000's)
OPEN -PIT:
Indicated
7,140
0.035
0.091
3.13
652.4
0.218
7.47
1,556.4
29.6
682.0
Inferred
1,478
0.035
0.127
4.36
188.2
0.275
9.43
406.5
7.8
196.0
Indicated
633
0.098
0.157
5.40
99.6
0.163
5.59
103.2
3.4
103.0
Inferred
1,239
0.098
0.160
5.47
197.7
0.153
5.25
189.6
3.6
201.3
UNDERGROUND:
TOTAL:
Indicated
7,773
0.097
3.32
752.0
0.214
7.32
1,659.6
33.0
785.0
Inferred
2,717
0.142
4.87
385.9
0.219
7.52
596.1
11.4
397.3
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Neal Project
Neal Development L.P.
 Located in Elmore County, Idaho, the property consists of 7 unpatented mining claims
and 5 patented lode claims totaling 192 acres
 Surface exploration trenching and sampling underway
• Mine and transport mineralized materials for processing (not less than 20,000 tons)
• AGC will be responsible for the contract mining and transportation costs as
well as the payment of a tonnage royalty of US$3 per dry ton and a 3% NSR
• No tailings, sediment or similar ponds will be constructed on site
 Processing of the material from the Neal Property will enable AGC to further test and
improve upon the processing equipment and procedures currently in place
 The processing of material from the Neal property to continue during the winter months
when the Atlanta project is largely inaccessible
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Flow Chart
 Free Gold Concentrate 50:1 concentration ratio
 Sulphide Concentrate 50:1 concentration ratio
To Refinery
Free Gold
Concentrate
Excavate
Crush
Gravity
Concentrate
Refractory to
a Roaster
To Refinery
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Neal Property* Schedule
July to December 2016
2016
1. Crush & Stockpile for Processing
Notes
1 week
2. Receive mine permit from Idaho State Lands Q3 (applied
March 2016)
3. Increase Stockpile to 20,000 tons at 0.15 OPT
4. Processing 20,000 tons (500 tons/shift) grading 0.15 OPT
(5.12g)
5. Deliver to refinery or toll mill facility Q4
*Due to low elevation, Neal has year-round access
Note: Steps 3 to 5 require additional funding into L.P.
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Proposed Neal Flow Sheet
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Neal Project – August 2016
Reclamation – Contours 3:1 Slope
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Signs – Silt Fence
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Neal Project – August 2016
Benches
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Reclamation - Seeding
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Plan Going Forward: Neal Property

Short Term Objective: To increase the stockpile to not less than 20,000 tons at 0.15 OPT. The
material will be transported offsite, crushed in a gravel pit, then fed to concentrators owned by
AGC, processed by AGC or by a toll mill facility. The concentrate will be delivered to a refinery or
a roaster.

Final Objective: Verification of the potential for a mine in the Neal Mining District, centered
around the properties held by Mineral Points. The remainder of the mineralized material on the
Neal is below surface.
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HydroClean Resources, LLC
HydroClean System
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HydroClean Resources, LLC: 2015-2016
2015
Summer 2016
2016
•
Formed HydroClean, LP
•
•
Patent Pending - Submitted
International Patent
Application in Nov. 2015
Converted HydroClean, LLC
to HydroClean, LP January
2016
•
Share ownership of
HydroClean, LP:
45% ATG, 10% Ernie
Simmons, 45% Investors
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Future Goals
Test mine on small scale properties (first: Neal Property)
 Bulk sampling and test processing on a small scale through 2016 on the Neal
Property, Monarch and Pearl provide further funding ($1.4 million) is available
 Test processing will:
• Showcase the minimal environmental impact and establish environmental and
community reputation
• Demonstrate excellent recoveries (˄80% of total gold) using water with gravity
without the use of any chemicals
• Advance certain exploration and processing methods that will be available to
AGC for use (at the Atlanta Project)
• Facilitate full-scale permitting for Neal
• Generate cash flow, to reduce ATG debt
 Ultimate goal is full scale production on Atlanta Gold property
 Monetization of water treatment facility, patent-pending late 2016
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Contact
Wm. Ernest Simmons, President & CEO
T: +1.208.424.3343
E: esimmons@atlantagold.com
Peili Miao, CFO
T: +1.416.777.0013
E: peilimiao@atgoldinc.com
Cathy Hume, Investor Relations
T: +1.416.868.1079 x231
E: cathy@chfir.com
Summer
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Knelson Concentrator
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