14
F.D.G. Mining Inc. F.D.G. Mining Inc. A Golden Opportunity in Nicaragua 20 April 2013 F.D.G. Mining Inc. to be renamed: Tango Gold Mines Inc.

FDG Presentation April 20th 2013

Embed Size (px)

DESCRIPTION

FDG Presentation April 20th 2013

Citation preview

Page 1: FDG Presentation April 20th 2013

F.D.G. Mining Inc. F.D.G. Mining Inc.

A Golden Opportunity in Nicaragua

20 April 2013

F.D.G. Mining Inc.

to be renamed:

Tango Gold Mines Inc.

Page 2: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

2

Except for the statements of historical fact, certain information presented constitutes "forward-looking statements" within the meaning of Canadian and United States securities and other laws. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “aims”, “anticipates”, “will”, “projects”, or “believes” or variations (including negative variations) of such words and phrases, or statements that certain actions, events, results or conditions “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. By their very nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond our control. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, as well as a number of assumptions made by, and information currently available to, F.D.G. Mining Inc. (FDG or the Company) concerning, among other things, anticipated geological formations, potential mineralization, quantities and grades, future plans for exploration and/or development, potential future production, drilling exposure, availability of capital, exploration budgets and timing of expenditures, all of which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of FDG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to vary materially from results anticipated by such forward looking statements include, among others, risks related to the Company’s limited operating history, current and future exploration activities, the Company’s need for significant additional capital, changes in government legislation, changes in ownership interest in a project, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices and volatility of gold, silver and other metals, environmental risks and hazards, infrastructure and/or operating costs, labor and employment matters, availability of financing, permitting availability, government regulation, changes in equity markets, the uncertainties involved in interpreting geological data, the validity of the Company’s title to its properties, increases in costs and exchange rate fluctuations and the Company’s dependence on key personnel. All of the forward-looking statements made in this presentation are qualified by these cautionary statements and those made in our continuous disclosure filings with SEDAR in Canada (available at www.sedar.com) including our most recent Management’s Discussion and Analysis dated 29 January 2013 for the nine month period ended 30 November 2012.

Although FDG has attempted to identify important factors that could cause actual results to differ materially, there maybe other factors that causes results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. FDG disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by applicable law. Accordingly, readers should not place undue reliance on forward-looking statements and trading in securities of FDG should be considered highly speculative.

Forward Looking Statement

Unless indicated all monetary values are listed in Canadian Dollars

F.D.G. Mining Inc.

Page 3: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

3

Rated safest country in Central America

and has been a Democratic Republic since

1990.

Law for the Promotion of Foreign Investment

(Law 344) allows for full ownership of assets

Foreign investment is 13% of GDP (2011)

Strong mining law with 3% royalty and 30%

tax rate

B2Gold has successfully developed and

operates the El Limon and La Libertad

Mines and Hemco operates the Bonanza

Mine (200,000 ounces per annum)

Over 20 million oz. of gold have been

produced in the region.

Nicaragua

Page 4: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

4

Nicaragua – Major Gold Projects

Page 5: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

5

Nicaragua – Major Gold Projects

Mining History Current

Resource Cost Estimate Production 2012

2013 est.

El Limon

B2 Gold*

3M+ oz Au &

4.5M oz Ag produced since 1941

323,600 oz

Au @ 4.7 g/t Au

$715 - $745 Per ounce

48,950 50,000 (2013)

La Libertad

B2 Gold*

Production since 1862

(170K oz Au)

1,119,000 oz Au @ 2.1 g/t

Au

$560 - $590 Per ounce

108,935 135,000 (2013)

Bonanza

Hemco

Production since 1995

(3.1M oz Au & 0.6M oz Ag)

5.4 g/t Au ? 55,000 est. 67,000 (2013)

Topacio Small artisan

mining

concessions

340,345 oz’s @ 3.90g/t Au

Inferred NA

B2Gold’s producing mines, El Limon and La Libertad have historically

replaced their resources and more. They were projected to produce

over 160,000 ounces of gold in 2012 (average cost of $610 per ounce).

* (B2Gold Presentation Zurich April 2013

Page 6: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

6

Concessions

Page 7: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

7

Topacio – Resource

Tonnes

Average Grade

(grams per

tonne)

Gold (ounces)

Inferred (2012)

(NI43-101) 2,716,176 3.90 340,345

CPRM Brazil **

(1984)

Indicated

668,764 4.96

(8.33 g/t Ag) 106,644

CPRM Brazil **

(1984)

Inferred

7,700,00

5.28

(15.63 g/t Ag) 1,307,100

Triton (1996) **

Open pit

(0.5 g/t cutoff)

1,091,600 3 96,450

Triton (1996) **

Underground

(4.0 g/t cutoff)

680,000 8 174,900

** Previous to National Instrument 43-101 Resource Standards

Page 8: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

8

Topacio - High Grade Veins

Page 9: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

9

Topacio – Resource Blocks

Page 10: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

10

Topacio – Property Wide Gold Potential

Page 11: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

11

14 new veins identified (25 total, from initial 11). Current resource

estimate is contained in parts of only 7 of the 25 known veins.

Strong evidence for the potential of gold deposits on a large

scale.

History of successful development of epithermal gold vein

deposits in the country.

JDS Energy and Mining Inc. (JDS) Vancouver, Canada

(www.jdsmining.ca) have been appointed to complete an

evaluation, development and execution plan for the Topacio

Project

Topacio – Property Wide Gold Potential

Page 12: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

12

San Pedro & El Santo Concessions

San Pedro within 1 km south of B2 Gold’s Jabali deposit which has an indicated resource of 4.19M Tonnes @ 3.39g/t containing 456,863 oz Au.

San Pedro: Two faults identified that offset the La Libertad Structure onto FDG’s concession.

B2 Gold spending over $4.7M in 2013 to further explore the La Libertad gold belt.

Contiguous to B2 Gold's La Libertad concession and only 6 km east of La Libertad mine.

Page 13: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

13

BOARD

Antonio Ponte, Chairman & CEO, Director

Founder and Chairman of Raifin SA. Swiss

based provider of Corporate financing,

Investor Relations and Consulting Services to the mining Industry world-wide.

Director, Nevada Exploration Inc.

Corporate Finance consultant for Orko

Silver.

24 years of experience focusing on Asset

Management, Corporate Finance,

corporate strategy and due diligence for

the Mining industry.

Terry Tucker, P.Geo, Technical Director

26 years in mineral exploration and

development projects worldwide.

CEO and Director of Nyota Minerals

Limited (AIM, ASX: NYO) an advanced

stage gold project in Ethiopia.

President, CEO and Director of TSX-listed

StrataGold Corporation, acquired by

Victoria Gold Corp (TSX-V: VIT) in June

2009. Responsible for the discovery of the

Wolverine gold-rich massive sulphide

deposit in Northern Canada.

Bachelor of Science Degree in Geology

from the University of Alberta, and a

registered professional geoscientist in

British Columbia.

Director of Firestone Ventures Inc., Silver

Mountain Mines Ltd.,

Technical Advisor to Precious Capital AG and is Geoscience Director at Lardi &

Partner Consulting GmbH, Switzerland.

Marc Bamber, Independent Director

Senior natural resources hedge fund

specialist with 7 yrs experience from RAB

Capital Plc. in the UK.

Key member of the multiple award winning

US $2.6Bn natural resources RAB Special Situations Fund which returned 50x investor

funds after 2%/20% fees

Extensive experience at Board level with

an intimate knowledge of the UK,

European and Canadian markets.

Ian H. Mann, Independent Director

President of Meridian Fund Managers Ltd.,

a BVI-registered fund manager that

oversees two alternative investment funds

focused on global mining and oil and gas

companies.

Over 10 years of corporate governance

experience as a non-executive director for

numerous publicly traded companies

including PetroMagdalena Energy Corp)

and Natasa Mining Ltd (NSN.AIM)

David St. Clair Dunn, P.Geo., Director

42 years of experience in the mineral

exploration industry

26 years of professional experience in all

aspects of exploration geology from

project inception to major drill programs.

Served as an officer of numerous public

companies, and assisted in raising capital

and corporate planning.

BSc in Geology from UBC, Registered

Professional Geoscientist.

MANAGEMENT

Philipp D. Hoch, Chief Financial Officer

Chief Financial Officer of Deutsche Bank

(Suisse) AG until 2012.

Former Chief Group Controller and Member of the Executive Boards Division

Finance of Swiss Re.

Former Chief Financial Officer of Swiss Re

(UK) in London and was responsible for the

implementation of the New Regulation

(N4) of the FSA as well as other projects on

capital optimization.

Former Chief Financial Officer and Chief

Risk Officer of Banca Del Gottardo Group.

M.B.A. (lic. oec.) University of Zurich.

Bob Suda, VP Exploration

Over 34 years of Exploration experience

including 15 years with Cominco American

in U.S. Exploration as a Senior Geologist

Built and led the initial exploration

organization at the Pend Oreille mine in

Washington.

Directly associated with the discovery of a gold deposit in Nevada that was sold by

Teck Cominco. Master's degree in

Geology from Northern Illinois University.

Board & Management

Page 14: FDG Presentation April 20th 2013

F.D.G. Mining Inc.

14

Share Structure & Contact

Issued 76,143,735

Warrants (34.55M @ $0.12 - 22.03.15) 35,320,416

Options 7,350,000

Total Issued and Outstanding 118,814,151

For further information please contact:

Antonio Ponte, Chairman and C.E.O

[email protected]