This presentation does not constitute an offering of securities and the information contained herein is subject to the information contained in the
Company’s continuous disclosure documents at www.sedar.com
This presentation includes certain statements that constitute “forward-looking statements”, and “forward-looking information” within the meaning
of applicable securities laws (“forward-looking statements” and “forward-looking information” are collectively referred to as “forward-looking
statements”, unless otherwise stated). These statements appear in a number of places in this presentation and include statements regarding our
intent, or the beliefs or current expectations of our officers and directors. Such forward-looking statements involve known and unknown risks and
uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. When used in this presentation words such as “believe”, “anticipate”,
“estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “contemplate”, “possible”, “attempts”, “seeks”, “continue” and
similar expressions are intended to identify these forward-looking statements. Forward-looking statements may relate to the Company’s future
outlook, guidance and anticipated events or results and may include statements regarding the Company’s future financial position, future
exploration and development of mineral properties, life of mine, future production, mine plan, business strategy, budgets, litigation, projected
costs (including without limitation, cash costs per ounce and all-in sustaining costs), financial results, taxes, plans and objectives, the timing of
targeted components of the Company’s strategic plan outlined in this presentation, the extension of the forbearance agreement, the timing of the
update to resource and reserves estimates and statements with respect to successful completion of the transactions described herein and
regulatory and shareholder approvals of such transactions. We have based these forward-looking statements largely on our current expectations
and projections about future events and financial trends affecting the financial condition of our business. These forward-looking statements were
derived utilizing numerous assumptions regarding expected growth, results of operations, performance and business prospects and opportunities
that could cause our actual results to differ materially from those in the forward looking statements. While the Company considers these
assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Accordingly, you are cautioned not to put
undue reliance on these forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or
results. To the extent any forward-looking statements constitute future-oriented financial information or financial outlooks, as those terms are
defined under applicable Canadian securities laws, such statements are being provided to describe the current anticipated potential of the
Company and readers are cautioned that these statements may not be appropriate for any other purpose, including investment decisions.
Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of
that time with respect to future events, and are subject to known and unknown risks and uncertainties, including inherent risks and uncertainties
in a suspension and restart of operations, the effect of the Company’s non-compliance with its debt covenants and other financing arrangements,
uncertainties with respect to servicing the financings and those risks and uncertainties outlined in our most recent AIF and other documents filed
on www.sedar.com, that could cause actual performance or results to differ materially from those expressed in or suggested by the forwardlooking statements. To the extent any forward-looking statements constitute future-oriented financial information or financial outlooks, as those
terms are defined under applicable Canadian securities laws, such statements are being provided to describe the current anticipated potential of
the Company and readers are cautioned that these statements may not be appropriate for any other purpose, including investment decisions.
Forward-looking statements speak only as of the date those statements are made. Except as required by applicable law, we assume no obligation
to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to
reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward- looking
statements, except as required by law. If we update any one or more forward-looking statements, no inference should be drawn that we will make
additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking
statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this presentation are
expressly qualified in their entirety by this cautionary statement.
Dirk Tempelman-Kluit, Ph.D, P.Geo., the Company's VP Exploration is the Qualified Person as defined under National Instrument 43-101
responsible for the scientific and technical work on the development programs and has reviewed and approved the corresponding scientific and
technical disclosure throughout this presentation.
For additional information on Prosper Gold Corp. visit www.sedar.com..
2
MR. PETER BERNIER – PRESIDENT, CEO & CHAIRMAN
MR. PETER BERNIER HAS MORE THAN 35 YEARS OF EXPERIENCE IN MINERAL EXPLORATION AND
PROJECT MANAGEMENT. MOST NOTABLY AS THE FOUNDER, PRESIDENT, AND CEO OF RICHFIELD
VENTURES CORP. UNDER HIS LEADERSHIP RICHFIELD BECAME A PUBLICLY TRADED COMPANY ON THE
TSX VENTURE EXCHANGE IN NOVEMBER 2007. IN 2009 MR. BERNIER STRATEGICALLY ACQUIRED THE
BLACKWATER-DAVIDSON CLAIMS AND PERSONALLY OVERSAW INVESTOR RELATIONS, FINANCING AND
ADVANCEMENT OF THE PROJECT UNTIL RICHFIELD WAS ACQUIRED IN JUNE 2011 FOR A VALUE OF OVER
$500 MILLION (CDN).
DR. DIRK TEMPELMAN-KLUIT, PHD, P.GEO – VP EXPLORATION & DIRECTOR
DR. DIRK TEMPELMAN-KLUIT HAS MORE THAN 45 YEARS EXPERIENCE WORKING IN BOTH BRITISH
COLUMBIA AND THE YUKON. HE WAS PREVIOUSLY A DIRECTOR OF THE GEOLOGICAL SURVEY OF
CANADA’S CORDILLEAN DIVISION. MORE RECENTLY HE HELD THE POSITION OF VP OF EXPLORATION
AND DIRECTOR OF RICHFIELD VENTURES CORP FROM 2007 TO 2011. DR. TEMPELMAN-KLUIT, A HIGHLY
RESPECTED RESEARCH GEOLOGIST, RECOGNIZED THE EXISTENCE OF EXTENSIVE HYDROTHERMAL
ALTERATION IN DRILL CORE PHOTOGRAPHS WHICH INDICATED THE POTENTIAL FOR SIGNIFICANT GOLD
MINERALIZATION ON RICHFIELD BLACKWATER PROPERTY. IN MARCH 2011, RICHFIELD ANNOUNCED AN
INITIAL INDICATED AND INFERRED RESOURCE ESTIMATE OF 4.2 MILLION OUNCES.
MR. JAMES HEDALEN, BSC, MBA – COO
MR. JAMES HEDALEN BEGAN WITH THE PROSPER GOLD TEAM PRIOR TO ITS QUALIFYING TRANSACTION
IN 2013. HE WAS PROMOTED TO COO IN 2016 AS RECOGNITION OF HIS COMMITMENT AND INCREASINGLY
WIDE-SPREAD RESPONSIBILITIES IN ALL AREAS OF OPERATIONS. HIS EXECUTIVE FUNCTIONS INCLUDE
ASPECTS OF FINANCING, PROGRAM PLANNING, CORPORATE OPERATIONS, PROJECT DEVELOPMENT,
GIS, DATABASES AND COMPLIANCE. PRIOR TO THIS MR. HEDALEN WAS A MEMBER OF TECK RESOURCES
CORPORATE DEVELOPMENT TEAM AND SPENT 6 YEARS AS A GIS ANALYST IN VANCOUVER, BC.
EDUCATED WITH A BSC (GEOGRAPHY) FROM THE UNIVERSITY OF CALGARY AND A POST-GRADUATE
ADVANCED DIPLOMA (GIS) FROM THE BC INSTITUTE OF TECHNOLOGY, AND A MBA (FINANCE) FROM THE
UNIVERSITY OF BRITISH COLUMBIA & IE BUSINESS SCHOOL IN MADRID, SPAIN.
3
MR. JASON HYNES, BSC, MBA – DIRECTOR
MR. JASON HYNES IS CURRENTLY DIRECTOR OF BUSINESS DEVELOPMENT & GLOBAL SALES WITH ROYAL
GOLD, INC. PRIOR TO THIS HE WAS VICE PRESIDENT OF CORPORATE DEVELOPMENT FOR SABINA GOLD
& SILVER CORP. JASON ALSO SPENT SEVEN YEARS IN NATIONAL BANK FINANCIAL’S M&A AND MINING
INVESTMENT BANKING GROUPS AS A DIRECTOR OF GLOBAL METALS & MINING. WHILE THERE, HE
ASSISTED COMPANIES ON IDENTIFYING AND EXECUTING MERGERS AND ACQUISITIONS, AND ON
IMPLEMENTING FINANCING STRATEGIES, WITH A PARTICULAR FOCUS ON ADVISING SENIOR
MANAGEMENT TEAMS AND BOARDS ON EXPLORATION AND DEVELOPMENT-STAGE ASSETS. MR. HYNES
ACTED AS FINANCIAL ADVISOR TO RICHFIELD VENTURES WHERE HIS KNOWLEDGE AND SKILL GREATLY
CONTRIBUTED TO THE ACQUISITION BY NEW GOLD IN 2011.
MR. JIM MILLER-TAIT, P.GEO – DIRECTOR
MR. JIM MILLER-TAIT HAS OVER 30 YEARS OF CONTINUOUS EXPLORATION, DEVELOPMENT,
UNDERGROUND, AND OPEN PIT PRODUCTION EXPERIENCE. HE IS CURRENTLY THE PRESIDENT OF
SIKANNI MINE DEVELOPMENT LTD., HIS OWN GEOLOGICAL CONSULTING COMPANY, WHICH HE FOUNDED
IN 1996. MR. MILLER-TAIT IS ALSO THE PRESENT EXPLORATION MANAGER FOR IMPERIAL. HIS
EXPERIENCE INCLUDES CHIEF GEOLOGIST FOR THE ONIVA GROUP, AND VP EXPLORATION FOR SELKIRK
METALS. HE HAS WORKED EXTENSIVELY IN NORTH AMERICA, BOLIVIA AND MEXICO ON GRASS ROOT
EXPLORATION TO FULL-PRODUCTION OPEN PIT AND UNDERGROUND OPERATIONS. HIS EXPERIENCE
COVERS GOLD, BASE METALS AND DIAMOND OPERATIONS IN A MULTITUDE OF GEOLOGICAL SETTINGS.
MR. THOMAS J. OBRADOVICH – ADVISOR
MR. THOMAS J. OBRADOVICH HAS MORE THAN 30 YEARS’ EXPERIENCE IN MINING EXPLORATION,
DEVELOPMENT AND FINANCING. HE WAS ONE OF THE KEY PLAYERS BEHIND AURELIAN RESOURCES INC.
WHICH DISCOVERED THE FRUTA DEL NORTE GOLD DEPOSIT IN ECUADOR AND ALSO CO-FOUNDED
CANADIAN ROYALTIES INC. WHICH DISCOVERED AND DEVELOPED THE RAGLAN SOUTH NICKEL BELT. HE
ACQUIRED MOST OF THE MATACHEWAN GOLD CAMP AND THROUGH A REVERSE TAKEOVER OF YOUNGDAVIDSON MINES LTD., UPGRADED AND DOUBLED THE RESOURCE WHICH WAS SUBSEQUENTLY
ACQUIRED BY NORTHGATE MINERALS IN 2005. TOM IS A GRADUATE OF THE HAILEYBURY SCHOOL OF
MINES IN MINING TECHNOLOGY AND ADVANCED FIELD GEOPHYSICS.
4
.
5
SHARES ISSUED AND OUTSTANDING
OPTIONS @ $0.20
OPTIONS @ $0.20
OPTIONS @ $0.24
OPTIONS @ $0.345
OPTIONS @ $0.24
WARRANTS @ $0.25
WARRANTS @ $0.35
WARRANTS @ $0.45
WARRANTS @ $0.55
1,875,000
875,000
721,104
800,000
621,000
3,580,000
4,304,250
2,464,425
2,672,519
COMMON SHARES (As of May 8, 2017)
FULLY DILUTED
WORKING CAPITAL
INSIDER OWNERSHIP
49,122,249
67,035,547
$1,800,000
21.34%
EXPIRY
2018-08-30
2019-05-20
2021-05-31
2021-09-02
2022-01-24
2019-03-24
2019-07-06
2019-08-05
2019-11-01
Ashley Gold Option
Date
Cash
22-02-2016
22-08-2016
22-02-2017
22-02-2018
22-02-2019
Total
$30,000
$30,000
$80,000
$120,000
$440,000
$700,000
PGX Shares Exploration
200,000
0
200,000
300,000
1,000,000
1,700,000
$0
$0
$50,000
$100,000
$100,000
$250,000
% of Ashley Gold
Status
Aquired
0%
Complete
0%
Complete
0%
Complete
0%
100%
100%
Alexandria (Wydee) Option
Date
25-02-2016
25-08-2016
25-02-2018
25-02-2019
25-02-2020
25-02-2021
43-101
Total
Date
25-02-2016
25-08-2016
25-02-2018
25-02-2019
25-02-2020
25-02-2021
43-101
Total
6
Cash
PGX Shares Exploration
$0
75,000
$0
$0
0
$60,000
$0
75,000
$0
$0
75,000
$0
$0
75,000
$0
$0
75,000
$2,440,000
1.5M Oz Indicated + Inferred
$0
375,000
$2,500,000
% of Wydee
Aquired
0%
0%
0%
0%
0%
75%
15%
90%
• DETAILS:
• OPTION AGREEMENT WITH 4 PROSPECTORS
• PROSPER GOLD CORP. WILL AQUIRE 100% OF
THE HISTORIC ASHLEY GOLD MINE WITHIN 3
YEARS
• UPON PROSPER GOLD CORP. ACQUIRING AN
100% INTEREST THE PROSPECTORS WILL RETAIN
A 3% NSR (2% BUY-BACK OPTION)
• DETAILS:
Status
Complete
Complete
Alexandria (Matachewan) Option
% of Matachewan
Cash
PGX Shares Exploration
Status
Aquired
$0
75,000
$0
0%
Complete
$0
0
$60,000
0%
Complete
$0
75,000
$0
0%
$0
75,000
$0
0%
$0
75,000
$0
0%
$0
75,000
$2,440,000
75%
1.5M Oz Indicated + Inferred
15%
$0
375,000
$2,500,000
90%
• OPTION AGREEMENT WITH ALEXANDRIA
MINERALS CORPORATION
• UPON PROSPER GOLD CORP. ACQUIRING AN
90% INTEREST, THE PARTIES WILL FORM A
CONVENTIONAL JOINT VENTURE WHICH WILL
INCLUDE A DILUTION CLAUSE SHOULD EITHER
PARTY DILUTE THEIR INTEREST BELOW 7% THAT
PARTY'S INTEREST WILL BE REDUCED TO A 1%
NSR
• DETAILS:
• OPTION AGREEMENT WITH ALEXANDRIA
MINERALS CORPORATION
• UPON PROSPER GOLD CORP. ACQUIRING AN
90% INTEREST, THE PARTIES WILL FORM A
CONVENTIONAL JOINT VENTURE WHICH WILL
INCLUDE A DILUTION CLAUSE SHOULD EITHER
PARTY DILUTE THEIR INTEREST BELOW 7% THAT
PARTY'S INTEREST WILL BE REDUCED TO A 1%
NSR
ASHLEY GOLD MINE
YOUNG-DAVIDSON MINE
7
8
• 10,000 Ha AIRBORNE
SURVEY (MAG w/GRADIENT,
EM w/MULTIPULSE, GRAVITY
w/GRADIENT)
• SOIL GEOCHEMISTRY
– 6,350 SAMPLES
– 4 GRIDS
• 8,715m DDH TARGETING
HISTORIC WORKINGS
DDH
A003
A004
incl
A005
incl
A005
A006
incl
A009
A009
A009
A011
A011
A011
A011
A012
A013
A014
incl
A014
A014
A021
incl
A025
A026
A029
incl
9
FROM
(M)
54
183.75
186.1
44
45
147
183
184
113
316.5
343
72
128
244.5
252
128
44
32
34
53
264
267
267
27
225
230
235
TO
(M)
55
189
186.77
46
46
148
185
185
114
317.5
344
73
129
246.5
255
129
45
35
35
54
265
273
269
28
226
238
237
INTERVAL
Au g/t
(M)
1
5.51
5.25
1.81
0.67
11.25
2
2.73
1
3.95
1
7.34
2
2.71
1
4.94
1
9.46
1
2.35
1
10.8
1
3.44
1
43.3
2
2.24
3
2.29
1
3.59
1
4.62
3
1.4
1
2.04
1
2.5
1
1.85
6
0.95
2
1.08
1
24.4
1
3.79
8
1.61
2
5.39
10
Ashley Breaks
• Directly southeast of Ashley
Mine.
• Profoundly disturbed pattern
in otherwise regular TMF
banding.
• Disturbed zone is 3 by 1 km.
• Strain transfer in a steepdipping sinistral transcurrent
fault (CLLB?).
• Drill to test for mineralization
and structure at branches,
bends and splays.
11
DDH
89-17
89-18
GB-01
GB-02
GB-03
GB-06
GB-08
GB-13
M90-19
M90-21
M-010-07
Galahad
• Young-Davidson earmarks
• Galer Fault is steep dipping crustal
break. Branch of the CLLB
• Narrow deformation zone has slices of
ultramafic rocks, basalt, syenite and
green carbonate
• Galer puts Abitibi greenstone against
intermediate volcanic rocks
• Drill test to depth beneath surface
mineralization and historic drill holes
UPPER TISDALE
FELSIC VOLCANICS
12
FROM
(M)
121
96
15
14
52
33
24
90
98
50
20
TO
INTERVAL
Au g/t
(M)
(M)
122.07
1.07
2.16
112.78
16.78
1.03
16.46
1.46
7.89
15.3
1.3
17
63.89
11.89
1.71
49.76
16.76
1.5
43.8
19.8
1.36
91
1
1.4
99.4
1.4
1.21
51.52
1.52
1.63
34
14
1.54
ULTRAMAFIC
UPPER BLAKE RIVER
FELSIC VOLCANICS
Powell Syenite
LOWER BLAKE
RIVER BASALT
• 2016 soil geochem target
• Core-to-margin geochem and
mag zoning over Powell syenite
• Core has elevated Pb, S, Hg,
Ag, Sb. As, Te, Zn, Mn
• North margin (halo) has high
Mo, Cu, W, Ni, Li, Co
• Airborne TMF shows magnetic
margin around a weakly
magnetic core
• Chemically
zoned
hydrothermal system with a
demagnetized core
• Historic exploration focused on
the syenite-CLLB contact
• Drill to test the hydrothermal
system from core to halo
13
COLBALT
GROUP
UPPER BLAKE RIVER
FELSIC VOLCANICS
Arcuate
SYENITE
• 2016 soil geochem target.
• 2km linear multielement
(Au, Ag, Cu, Hg, S) soil
anomaly.
• Coincides with TMF and
gravity lows. Radiometric,
and resistivity signals.
• Runs northeast, at right
angles to the greenstone
belt between the Argyle,
McGill and Sunisloe gold
occurrences.
COINCIDENT
LINEAR
GEOPHYSICAL &
GEOCHEMICAL
ANOMALIES
• Circular multielement soil
anomaly over syenite stock
at north.
• Drill to test beneath the
structure and the syenite.
GALAHAD
LOWER BLAKE
• GREEN
PLANE – GREEN CARBONATE, SYENITE
RIVER BASALT
ZONE
• PURPLE PLANE – ULTRAMAFIC BODY
14
GALAHAD
• YOUNG-DAVIDSON LONG SECTION PROJECTED ON GALAHAD TARGET SURFACE TO SCALE
UPPER BLAKE RIVER
FELSIC VOLCANICS
ULTRAMAFIC
Bends
• CLLB flexes west and northwest.
• Deep total field magnetic lows on
the north.
• West bend
intersects linear
magnetic high, interpreted as
north trending diabase dyke.
• 1200 m east of Ashley Mine.
• Drill to test bends and dyke-CLLB
intersection.
15
LOWER BLAKE
RIVER BASALT
INVESTMENT HIGHLIGHTS
•
•
•
10,000m DIAMOND DRILL PROGRAM IN PROGRESS
5 TARGETS TO BE SYSTEMATICALLY TESTED IN 2017
4 NEW TARGETS DERIVED FROM PHASE 1 OF EXPLORATION
•
•
•
•
•
BREAKS TARGET
POWELL SYENITE TARGET
ARCUATE TARGET
BENDS TARGET
1 HISTORIC TARGET THAT WILL BE TESTED TO DEPTH
•
GALAHAD TARGET
•
HIGH GRADE GOLD VEIN WITH HISTORIC PRODUCTION 50,099 OZ AU FROM 157,636
TONS OF ORE (0.32 OZ/T)
• 9,813 HECTARES (24,248 ACRES) WITH UNTESTED HIGH GRADE GOLD VEIN AND BULK
GOLD TARGETS
• HIGHWAY ACCESS (HWY 566), LOGGING ROADS, ATV TRAILS THROUGHOUT
• FORMERLY RICHFIELD VENTURES CORP. MANAGEMENT TEAM
•
SOLD TO NEW GOLD IN 2011 FOR ~$500 M
PETE BERNIER – PRESIDENT & CEO
PROSPER GOLD CORP.
468 B REID STREET
QUESNEL, BC
V2J 2M6
OFFICE: (250) 992-6644
MOBILE: (250) 316-6644
EMAIL: [email protected]
17