MBA Gold Corp.
Resources to Reserves to Production:
A business approach to mining
North American Gold
OUR MISSION
•
MBA Gold was created to provide investors with an opportunity to
participate in the current bull market for gold.
•
Our mission is to provide those investors with significant upside
leverage, while at the same time reducing the risks associated with
resource exploration.
STRATEGY
•
Reduce Geological Risk by focusing expenditures on properties
with established gold resources
•
Create Substantial Upside Leverage by selecting properties with
the potential to increase both the size and the quality of the
resource
MBA HIGHLIGHTS
•
World Beater advanced stage gold project
•
2003 Drill Program expanded high grade gold resource and opened
up new exploration opportunities
•
Pre feasibility study due in September 04.
•
Experienced Management Team with extensive track record
•
Strong Financial Partners and Shareholder Base
•
Low Market Capitalization
World Beater - Highlights
•
Established high grade gold resource with major structures open
along strike and at depth
•
Located in historic mining district 10 km from Briggs Mine, owned by
Canyon Resources (Amex: CAU)
•
25,000 ounces produced in the early 1900’s at average grades of 1
ounce per ton.
•
Favourable metallurgy and process testing already undertaken with
respect to existing gold resource.
•
Previous operation was in the process of permitting for production
prior to gold market collapse in 1997.
Deposit Model
Similar Deposits
Bousquet No. 1
Quebec
Pyritic Gold
20 million tonnes
4.5
g/tonne
Agnico Eagle
Quebec
Pyritic Gold
5.3 million
tonnes
6.4
g/tonne
Hemlo Ontario
Pyritic Gold
6.84 million
tonnes
7.7
g/tonne
Starra
Queensland
Pyritic Gold
5.3 million
tonnes
5.0
g/tonne
Geology
•
3 known exhalative horizons in Radcliffe Schist, 50 to 100 meters
below surface
– Massive sulfides with associated chlorite and pyrite
•
Structural Channelways or “feeder zones” in World Beater complex
immediately below Radcliffe Schist
– Altered meta-rhyodacites
Significant Exploration Results
•
Historical resource estimates ranging from 170,000 ounces to
280,000 ounces at grades ranging from 0.156 to 0.224 ounces per
ton
•
2003 Drill program extended Main East Zone in a Southerly
direction
•
Drilling in West Zone intersected additional mineralization in footwall
(World Beater Complex)
•
All structures remain open
Local Geology
SW-NE Cross Section
NW-SE Cross Section
NW-SE Cross Section
World Beater Topography
Purple area depicts current gold deposit
at 0.06 opt cut-off
View from beneath depicting ore zone (red) at 0.15
opt cut-off
Yellow depicts previous underground workings
2003 Drill Program Highlights
(East Zone) Extension Drilling
Drill Hole
Section
Grade
M3A (extension) 3.04 meters (10 ft.)
5.8 g/mt (0.17 oz/ton)
M5A (extension) 4.56 meters (15 ft.)
7.59 g/mt (0.22 oz/ton)
M6A (extension) 6.08 meters (20 ft.)
10.7 g/mt (0.30 oz/ton)
M14A (infill)
25.75 g/t (0.35 oz/ton)
43.57 g/mt (1.27 oz/ton)
6.08 meters (20 ft.)
1.2 meters (5 ft.)
M16A(extension) 1.52 meters (5 ft.)
22.7 g/mt (0.67 oz/ton)
Sample West Zone Drill Intercepts
Drill Hole
Section
Grade
C-34
4.6 meters
(15 feet)
45.03 g/mt
(1.31 oz/ton)
C-34A
13.71 meters
(4.6 feet)
12.58 g/mt
(0.37 oz/ton)
RRC-150-93
7.6 meters
(24.7 feet)
incl. 1.58 meters
(4.9 feet)
60.6 g/mt
(1.77 oz/ton)
256.8 g/mt
(7.9 oz/ton)
M-20V
1.52 meters
(5.0 feet)
20.0 g/mt
(0.59 oz/ton)
Drilling 60 Degree Hole at World Beater Property
Mical Slater (Project Supervisor), Murray McLaren
(Geologist MBA Advisor) and Bob McKnight examine
geology at one of 7 Radcliffe Mine adits
Our Niche
„
„
„
Major Mining companies are forced to focus their energies on the
search for mega deposits in order to replace rapidly depleting
reserves
As a result, many smaller, lucrative deposits fall below their “radar
screen”
MBA Gold is pursuing medium sized high grade deposits with blue
sky potential
„ Grade pays - Tonnage costs
People:
Cameron White – President/C.E.O.
„
„
„
Former Securities Lawyer with 15 years experience in financing,
mergers and acquisitions, specializing in natural resources
Most recently Chairman of Western Canada’s largest independent
producer of film and television programming.
Arranged nearly 75 million in equity and debt financing as well as senior
(TSX and AMEX) listings for emerging companies during the 1990’s
Advisors
Murray McLaren – Geologist
- 40 years of mineral exploration and development
- Discovered numerous commercial deposits
Chris Broili- Geologist
- Over 20 years of world-wide mineral exploration and development on
every continent (excluding Antarctica).
Bob McKnight – P. Eng.
- 30 years experience in mineral exploration, development and financing
- Leading expert in the field of property valuations and fairness opinions
Directors
„
„
Kenneth Stroud – Financial Advisor
„ Assante Capital Corp.
„ Formerly President of CM Oliver Financial
„ Expertise in resource property financing
Stephen Cheikes – Lawyer
„ Expert in tax assisted financing structures
„ Experienced investor and director of numerous emerging
companies
Corporate Information
Share Capital
Listed TSX Venture Exchange
Auditors
Contact Info
MBA Gold Corp.
847 Hamilton St.
Vancouver, BC
V6B 2R7
Phone: 604-707-0373
Fax: 604-707-0378
www.mbagold.com
11,706,250 Common Shares
15,185,250 (fully diluted)
Symbol: MBA
Deloitte & Touche