Fact Sheet
April 2017
TSX-V: BRD | OTCQB: BDWYF | Frankfurt: BGH.F
USA
Broadway Gold Mining Ltd. (TSX-V: BRD, OTCQB: BDWYF, Frankfurt: BGH.F)
is a mineral exploration and development company that owns a 100%*
interest in the Madison copper-gold project in the Butte-Anaconda mining
region of Montana, USA.
With a mining history dating back more than 130 years, Madison is permitted
for exploration. The project contains a past-producing mine that Broadway
has refurbished with potential to expand known copper and gold zones that
remain open for development.
M O N TA NA
Helena
Butte
Continental Pit (Montana)
Golden Sunlight Mine (Barrick)
Silver Star
Madison Project
*subject to underlying royalties
Proven district, past-producing mine on property
Madison is located in one of the most mining-friendly areas of Montana. Major
producers in proximity to the project include the world-famous Butte copper
mine (historic production), Montana Resources’ Continental Pit copper mine
(the Montana Standard reported that it produced 71.3 million pounds of copper
in 2011), Barrick Gold’s Golden Sunlight mine (producing 68,000 ounces of gold
in 2015) and the Green Campbell mine (historic production).
The Madison project also hosts the Broadway gold mine, which from the 1880s
through to the 1950s yielded approximately 144,000 ounces of gold (450,000
tons averaging 0.32 ounces per ton gold) from 6,000 feet of underground
workings to a vertical depth of 750 feet.
High-grade, untapped potential with exploration plan in place
While work on the nearby Broadway gold mine started over a century ago, the
Madison project has never been fully exploited or explored. An extensive
exploration program is underway – surface drilling commenced in January 2017
and underground drilling commenced in February 2017. A Phase II IP survey
completed in March identified new anomalies that provide compelling drill
targets believed to be associated with large-scale porphyry-style mineralization
at depth
Exceptional access, infrastructure
and regional expertise
With some of the largest operating mines within a
90-minute drive, Madison benefits from proximity to
established infrastructure and amenities, notably
extensive road access. In addition to the project’s
mineralization, the historic Broadway gold mine
infrastructure provides a valued asset to the
Company.
Exceptional resource experience
The Company is led by President and CEO Duane
Parnham, who is well known for exploring and
securing undervalued assets at an early stage.
Mr. Parnham has a successful track record of using
skills from his 30+ year career to generate and
maximize shareholder value. To date, he has created
over C$1.2 billion in shareholder value for the
companies in which he has been directly involved.
HIGH GROWTH POTENTIAL
STOCK INFO
Madison Gold and Copper Project – Flagship Asset
Symbol ..................................................................... BRD
Share Price (CAD/ as of Apr 13, 2017) ................ $1.14
Outstanding Shares (mm) ....................................34.1
Warrants (mm)..........................................................18.9
Options (mm) ............................................................. 2.9
Fully Diluted Shares* (mm) .................................56.1
Mgmt/ Board* .................................................... ~20%
Market Cap (CAD/ mm/ as of Apr 13, 2017) ........ $38.9
Cash (CAD/ mm/ as of Apr 1, 2017) ....................... $1.01
Montana – Excellent Copper Gold Exploration and
Proven Mining Environment
Strong Management – Multiple Successes
Technical Expertise – Notable Discoveries
Strategically Focused – Proven Model
VALUE CREATION MODEL
OPPORTUNITY
ASSETS
Gold is a hedge against inflation
and deflation at all times
Madison is permitted and financed to
deliver exploration program with
highlighted historical selected grades
of 10% to 20% copper and 9 g/t to
24 g/t gold
Junior gold exploration and
development companies usually
outperform gold producers during
seasonally strong periods
1,871-acre
underexplored
copper and gold
project
Surface and
underground
workings
Mining equipment,
building and fixtures
STRATEGY
EXECUTE
Search for suspected deeper
copper-gold porphyry
system
Apply managerial, technical
and financial expertise to
add value for the company
and its shareholders
Define compliant resource
and reserves and upgrade
NI 43-101
Expand and exploit
exploration targets to
confirm high-grade copper
and gold
Execute development
strategy
Social responsibility to the
community and its citizens
Madison Project
Covering 1,871 acres, Madison consists of six patented claims
and 76 unpatented claims plus a 192-acre ranch, together with
exploration permits, rights, interests, buildings and fixtures. It
also includes an exploration database with 101 drill holes,
multi-element and gold assays from rock-chip sampling and
bulk sampling, and detailed geologic mapping.
In March and April 2017, Broadway reported high-grade drill
results in the upper zone at Madison. Highlights include:
Hole
C17-01
including
including
including
C17-03
including
C17-05
including
including
C17-05
C17-07
including
including
including
C17-07
including
From
(ft)
to
(ft)
342.5
404.5
429.5
432.5
405
411
479
524
566
353
419
398
434
473
473
319
337
498.5
413.5
441.5
435.5
573
420
608
572
587
371
443
539
467
506
485
356
356
Interval
(ft)
(m)
156
9
12
3
168
9
129
48
21
18
24
141
33
33
12
37
19
45.7
2.7
3.7
0.9
51.2
2.7
39.3
14.6
10.1
5.5
7.3
43.0
10.1
10.1
3.7
11.3
5.8
Copper
(%)
1.01
7.14
0.89
0.82
0.57
1.30
1.47
2.11
2.83
0.04
0.60
1.18
3.45
0.52
0.66
0.04
0.06
Gold
(g/t) (oz/t)
0.48
0.56
2.65
7.13
0.19
0.05
0.42
0.21
0.99
1.64
0.02
1.22
0.14
4.92
9.34
1.74
2.94
0.017
0.019
0.093
0.252
0.006
0.001
0.035
0.004
0.143
0.272
0.051
0.035
0.004
0.143
0.272
0.051
0.086
Please see the press releases of Broadway dated March 3, March 21 and April 18, 2017 for
further information.
Broadway Gold Mining Ltd. |
Management Team and Board of Directors
Duane Parnham, President & CEO
Steve Hanson, Chairman
R. Timothy Henneberry, P. Geo., Director
Suzanne Wood, MBA, Director
Shawn Parnham, CPA, CMA, Director
This fact sheet is for informational purposes only. It is not an offer for the purchase or sale of securities and it
is not intended to be relied upon. Although all information is derived from sources which Broadway Gold
Mining Ltd., and its officers, directors and advisors believe to be reliable and accurate, neither Broadway Gold
Mining Ltd., or its officers, directors or advisors warrant its accuracy. Recipients are advised to conduct their
own due diligence.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This fact sheet includes information,
statements, beliefs and opinions which are forward-looking, and which reflect current estimates,
expectations and projections about future events. Statements containing the words “believe”, “expect”,
“intend”, “should”, “seek”, “anticipate”, “will”, “positioned”, “project”, “risk”, “plan”, “may”, “estimate” or, in each
case, their negative and words of similar meaning are intended to identify forward-looking information. By its
nature, forward-looking information involves a number of known and unknown risks, uncertainties and
assumptions concerning, among other things, Broadway Gold Mining Ltd.’s (”Broadway”) anticipated
business strategies, anticipated trends in Broadway’s business, anticipated future revenue streams, and
anticipated market share, that could cause actual results or events to differ materially from those expressed
or implied by such forward-looking information.
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