1. PIPELINE OF GOLD PRODUCTION IN
NOVA SCOTIA
… applying Australian expertise to an
overlooked Canadian gold province …
ASX:ATV
www.atlanticgold.com.au
October 2013
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2. THE COMPANY
CAPITAL STRUCTURE
Fully paid shares
Partly paid shares (20 cents paid to 9 cents)
818.4M
30.3M
Market Cap @ 2.5 cents/share: $20.5 million
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3. OVERVIEW
• Track record of gold discovery and production in
Western Australia
• Focused on the same, but now in the Meguma
Goldfield – with OPEN PIT perspective
• Established 450,000 oz Reserves within a
Resource inventory of 1.2 million ounces
• Project pipeline:
Touquoy – next step: development
Cochrane Hill – next step: feasibility study
Exploration lands – next step: discovery
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11. TOUQUOY GOLD PROJECT
NQ DIAMOND CORE – HOLE MR-05-084
121–122 m : 2.16 g/t
122–123 m : 9.23 g/t
123–124 m : 8.98 g/t
Argillite host rock with no quartz veins
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12. TOUQUOY GOLD PROJECT
Photomicrographs of gold grains in MR-05-084 core at 122-123 m
Field of view 1 mm. Light grey = arsenopyrite, dark grey = silicates
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13. TOUQUOY’S ADVANTAGES
Low strip ratio – 2.5:1
Soft ore – BWI ~ 10
Excellent metallurgy – 93.5% (70% gravity)
Coarse grind - 150µm
Low reagent consumption – 0.4kg/t CN
Excellent CN detox
No acid rock drainage – carbonate, low sulphide
Grid power – coal-fired – 5km to connect
Excellent infrastructure
Keen local and homecoming workforce
No on-site accommodation required
Supportive government
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17. TOUQUOY SUMMARY FINANCIALS
Ore reserves
9.59 Mt @ 1.48 g/t
Production
422,000 oz
Mine life
5.0 years
Ave annual production
84,000 oz pa
Throughput
2.0 Mtpa
Initial capex
C$140 million
Cash operating costs
US$560/oz
Gold price
US$1300/oz
Net cash surplus (pre-tax)
C$172 million
Payback period
27 months after first gold
Project NPV
C$91 million
Project IRR
(8%, pre-tax)
30%
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18. TOUQUOY GOLD PROJECT
STEPS TO PRODUCTION
ENVIRONMENTAL ASSESSMENT APPROVAL
FEASIBILITY STUDY COMPLETED
MINERAL LEASE GRANTED
ACQUIRE REMAINING SURFACE TITLES
FINAL PERMITTING
Industrial Approval – submitted and under review
PROJECT FINANCING
In progress
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24. CONCEPTUAL FINANCIALS
TOUQUOY + COCHRANE HILL
Throughput
Total production
Ave annual production
Plant
Mine life
Pre-production capex
Total LOM capex
Cash operating cost
Gold price
Net cash surplus (pre-tax)
Payback period
NPV (8%, pre-tax)
Internal rate of return
19.0 Mt @ 1.6 g/t for 970 koz contained
900,000 ounces
93,000 ounces
2.0 Mtpa relocated to CH after Touquoy
9.7 years
C$140 million
C$254 million
US$610 per ounce
US$1,300 per ounce
C$368 million
27 months after first gold pour
C$170 million
31%
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27. EXPLORATION
WHY NOVA SCOTIA:
• Meguma Terrane hosts more gold occurrences
per unit area than any other goldfield
• It’s unexplored for shale-hosted disseminated
gold deposits – like Touquoy
• Mega deposits of this general type occur globally
• Very high proportion of exploration dollars go
into the ground
• Politically stable
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36. DISCLAIMER
All statements contained in this presentation, other than statements of historical fact, that address future
timings, activities, events and developments that the Company expects, are forward looking
statements. Although Atlantic Gold NL, its subsidiaries, officers and consultants believe the
expectations expressed in such forward looking statements are based on reasonable expectations,
investors are cautioned that such statements are not guarantees of future performance and actual
results or developments may differ materially from those in the forward looking statements.
Factors that could cause actual results to differ materially from forward looking statements
include, among other things, commodity prices, continued availability of capital and financing,
timing and receipt of environmental and other regulatory approvals, and general economic,
market or business conditions.
ATTRIBUTION
Mr Neil Schofield (MSc. MAusIMM) is a Qualified Person as defined in National Instrument 43-101, and
has reviewed and approved the contents of this presentation.
The resource estimates for Touquoy described in this presentation were completed by Mr Neil Schofield, a
principal of Hellman and Schofield Pty Ltd. Mr Schofield is a Member of the AusIMM and qualifies
as a Competent Person in respect of the 2004 Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves (the JORC Code) by virtue of having sufficient
experience which is relevant to the Touquoy style of mineralisation and deposit type. Mr Schofield
has consented to the inclusion of this information in the form and context in which it appears in
this presentation.
The geological information in this presentation relating to Mineral Resources has been compiled by Mr
Wally Bucknell who is a director of Atlantic Gold NL and a Member of the Australasian Institute of
Mining and Metallurgy (AusIMM). He has sufficient experience which is relevant to the style of
mineralisation and type of deposit under consideration to qualify as a Competent Person in
respect of the 2004 Australasian Code for Reporting of Exploration Results, Mineral Resources and
Ore Reserves (the JORC Code). Mr Bucknell has consented to the inclusion of this information in
the form and context in which it appears in this presentation.
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