ssr mining maintains the fisher property option and has ......• 4 high-grade gold discoveries in...
TRANSCRIPT
Wayne Everett Fisher
1938 - 2015
SSR Mining maintains the Fisher Property option and has
significant exploration planned and underway in 2019:• 8,000m - 12,000m drilling
• 6,000 - 8,000 soil sampling
• Geophysics
• Mapping
FORWARD LOOKING STATEMENTThis presentation includes certain “forward-looking statements’ within the meaning of section
21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking
statements include without limitation, statements regarding future production, potential
mineralization and reserves, exploration results and future plans and objectives of Taiga Gold
Corp. (Taiga Gold). Forward-looking statements can generally be identified by the use of
forward-looking terminology such as “may,” will,” “expect,” “intend,” “estimate,” “anticipate,”
“believe,” or “continue” or the negative thereof or variations thereon or similar terminology. There
can be no assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such statements.
At the beginning of the mining
industry downturn in 2012 Eagle
Plains Resources (EPL:TSX-V)
focused on identifying the best
opportunities for gold exploration
projects in western Canada
This was done to take advantage
of its healthy treasury and
technical team when the
opportunity for acquisition of
quality exploration projects was
peaking
Source: SKRR
The Trans-Hudson
Corridor was
selected as an area
to focus these
acquisition efforts.
Known for several
significant gold
deposits and with
geology analogous
to the great gold
camps of the
Canadian Shield,
this area had seen
relatively very little
exploration.
The team identified
several quality gold
projects in this
greatly under-
explored area of
northeastern
Saskatchewan
They weren’t alone….
Weeks after
consolidating 4 large
gold exploration
projects along the
Tabbernor fault (the
main structure
transecting the Trans-
Hudson Corridor)
another company
enters the scene…..
Silver Standard
Resources (now SSR
Mining) buys Claude
Resources and
acquires the
neighboring Seabee
Gold Operation in
March 2016 for a
share deal
amounting to $337m
SSR Mining appears to have
come to the same conclusion
as Eagle Plains and supported
that theory with $337m
Within weeks
SSR Mining
and Eagle
Plains enter
discussions
regarding an
option on the
Fisher Property
On October 6, 2016 SSR Mining
options the Fisher Project from
Eagle Plains with terms:
SSRM may earn a 60% interest:
• complete $4M exploration within 4 yrs
• an initial cash payment to EPL of $100k
• annual cash payments to EPL of $75,000
SSRM may earn an additional 20%:
• Make a cash payment of $3M to EPL
within one year of entering a 60/40 JV
In 2017 SSR Mining commences a
$90M upgrade of the Seabee Gold
Operation designed to:
• Extend production profile by approx. 29% over
2016 levels
• Near-term production growth to peak production
of 120,000 oz in 2020
• Expand operating margins by lowering cost/oz
• Improve processing plant performance
In April 2018, Eagle Plains spins-out
these Tabbernor projects into a new
entity awarding shareholders a new
shares on a 1 for 2 share basis:
Taiga Gold Corp
lists on the Canadian Stock Exchange
(CSE) under the ticker symbol
TGC
Here’s the rationale for the spin-out:
• Improve identification and valuation of gold assets
• Simplify corporate ownership / invite takeover
• Increase ability to finance without dilution to EPL
• Provide a liquidity event for EPL shareholders
• Tax-free structure for spin-out shares
• Its worked well in the past, CPY an EPL spin-out
• CPY/NG merger = $65m to CPY shareholders
Taiga’s assets include 6 gold
exploration properties strategically
located in the Seabee Gold Operation
Camp:
• Fisher, Leland, Orchid, Chico, SAM and
Mari Lake
• Royalties on these projects include a
2.5% NSR at the Fisher
Since 2016, SSR Mining has explored the Fisher
Project for new gold discoveries, some highlights are:
• Q4 2020 drilling identified consistent and continuous
high-grade gold mineralization over a 250m x 600m area
at the Mac North Zone, open in all directions, this area is
now slated for resource definition drilling
• 4 high-grade gold discoveries in 2020/19, 2 near border
with Santoy Mine (Yin and Abel Lake zones), the other
approx. 6km south at the Mac and Mac North zones
• Exploration has focused along the Santoy Shear Zone
which is now understood to bisect the Fisher entirely
Highlights Continued:
• High-grade gold mineralization identified along a 13km
trend of the Santoy Shear, with values reported up to
166.8 g/t gold
• Structural interpretation indicates the geological setting
at Mac North is similar to the high-grade zones at the
nearby Santoy Mine Complex
• All-season Fisher camp upgraded from 24 to 42 person
• >$12m in exploration completed on Fisher to date,
funded entirely by SSRM
• 20.93 g/t Au
• 25.13 g/t Au
• 64.17 g/t Au
• 13.77 g/t Au
• 7.30 g/t Au
• 5.57 g/t Au
• 7.00 g/t Au
• 6.90 g/t Au
• 12.70 g/t Au
• 166.77 g/t Au
• 80.20 g/t Au
• 24.70 g/t Au
• 31.10 g/t Au
• 9.63 g/t Au
• 5.22 g/t Au
• 59.33 g/t Au
• 25.63 g/t Au
• 8.93 g/t Au
• 16.93 g/t Au
• 7.03 g/t Au
• 16.03 g/t Au
High-
Grade
Gold
13km
Trend
Exploration identifies
13km trend of high-
grade gold
4 High-Grade Gold
Discovery Areas
High-
Grade
Gold
13km
Trend
• 13.74 g/t Au over 2.29m
Including:
• 55.5 g/t Au over 0.53m
• Approx 3km south of
Santoy Mine
Yin Zone
Abel Lake
Zone • 12.13 g/t Au over 1.5m
• Approx 3km south of
Santoy Mine
Mac North
Zone
Mac Zone
• 16.8 g/t Au over 0.5m
• 9.1 g/t Au over 1.92m
• 3.76 g/t Au over 4.2m
Including:
• 7.31 g/t Au over 1.55m
• 11.92 g/t Au over 0.73m
Fisher Exploration Camp 2019
(24 Person)
Fisher Exploration Camp 2020
42 Person
Surface expression of the
Santoy Mine
Photo: SSR Mining
The underground expression
at the Santoy Mine
January 5, 2021
SSR Mining exercises the second option earn-in
at the Fisher Project:
▪ SSR Mining earns an initial 60% interest at the Fisher Property
in Nov 2020. Exploration expenditure requirements are
exceeded 3 fold ($4m to earn-in, >$12M spent)
▪ January 5, 2021 SSR Mining elects to maximize the earn-in on
their Fisher option by paying Taiga Gold Corp $3m to buy a final
20% interest, the 80/20% Fisher JV is formed
▪ Taiga and SSR Mining to proceed on a proportionate basis with
Taiga to receive annual advance royalty payments of $100,000
2021 Outlook/Catalysts:
• 2020 Q4 drilling at Fisher’s Mac North Zone
• identified consistent and continuous high-grade gold
mineralization over 250m x 600m, open in all directions,
this area is now slated for resource definition drilling
• 2021 Q1 80/20% JV formed at Fisher
• SSR Mining has elected to purchase an additional 20%
interest at the Fisher, pays Taiga $3m, 80/20% JV formed
• Fisher JV plans large drill program for early 2021
• Drilling planned at Leland early 2021
• Drilling planned at Orchid early 2021
Share Structure
Share StructureShares Issued
Assigned OptionsWarrants
Fully Diluted
March / 202180,895,8237,635,000
20,482,773109,013,596
Tribute to
Wayne Everett Fisher
1938 – 2015
The Fisher Project is named in tribute to Wayne
Fisher who pioneered the geological
exploration of the northern Tabbernor
Region and who proved to be an
exceptionally knowledgeable and valuable
member of the Terralogic Exploration team
during his tenure. We salute you Wayne.
Project
Generator
Taiga Gold Corp.
Office Building, Cranbrook, B.C.
For more information please visit our
website at:
www.taigagold.com
Thank you for viewing our
Corporate Presentation
For more information please visit our
website at:
www.taigagold.com
Contact Information
Investor Relations:
Mike Labach
Toll Free: 1 866 Hunt Ore (866 486 8673)
Local: (250) 426 – 0749
Cranbrook, BC, Canada