1. travel
2. tourist destinations
3. canada

NuLegacy Gold
Corporation
Creating value in the Cortez Trend, Nevada
1
NuLegacy Gold Corporation
January, 2015
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
2
The ‘why’ summary.
• Why gold & gold stocks?
• Why Nevada?
• Why the Cortez trend?
• Why NuLegacy?
• Why Now?
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
3
Why gold?
“…after three and a half years of a
declining gold price…certainly closer
to a bottom than the top…”
“…while the central bankers of the
world are racing to debase their
currencies …gold was the second
best performing currency in 2014!”
NUG: TSXV
3
NULGF: OTC
NuLegacy Gold
Corporation
Creating value in the Cortez Trend, Nevada
4
Why gold stocks?
“…the focus on reducing costs, together with modestly increasing gold
prices, is expanding profit margins quite dramatically…and creating a
unique investment opportunity…”
NUG: TSXV
4
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
5
Why exploration companies?
200 days from July, 2010 to April 2011
Junior
Explorers
+70.7%
200 days from Jan, 2014 to Nov, 2014
Gold
-9.8%
Senior
Producers
-30.1%
Gold
Senior
Producers
+24.1%
+26.1%
Junior
Explorers
-38.8%
“The leverage is in the exploration companies…”
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
6
Why Nevada?
~ Top reasons to explore in Nevada1
•
•
•
•
•
•
•
Five of the world’s largest and lowest cost mines.
Great geology with benign geography, dry climate and
year round access.
Favorable regulatory system with prompt permitting.
Politically stable and superior logistical capability.
Large network of knowledgeable exploration geologists,
and supporting organizations and agencies.
Good infrastructure of roads, drillers, hotels, supplies,
assayers, etc.
No malaria, black flies, moose, polar bears, desert
death adders or crocodiles; just elephants.
‘…simply the best geology, geography
and geo-politics in the world…with
elephant sized Carlin-type gold
deposits…!’
1Nevada
Bureau of Mines & Geology, June 2010
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
7
Why Nevada?
~ Hundreds of millions of low-cost ounces of gold ~
Carlin trend
~ 150 million ounces
Getchell trend
~ 50 million ounces
Cortez Trend
~ 50 million ounces
•
•
•
•
Pipeline
Cortez Hills
Goldrush
Iceberg
~ 21 million ounces
~ 15 million ounces
~ 14 million ounces
~ xx million ounces
Getchell
Trend
Iceberg
deposit
Carlin
Trend
Cortez
Trend
~ Nevada is the sixth largest
gold producing ‘nation’ in the
world ~
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
8
Why the Cortez?
Large tonnage
of typical
Nevada 0.5 to
1.0+ g/t heapleachable oxide
gold
mineralization1.
Large tonnage
of high grade
Carlin-type
gold deposits
grading better
than 2 to 4+ g/t
gold.
Modest
tonnages of
core fracture
sets grading 5
to 15+ g/t gold.
Classic Carlin-Type
Gold Deposit Model
~ Signature characteristics ~
Numerous heap-leach operations in Nevada are based on large
volumes of ~ 0.5 to 1.0 plus g/tonne near surface gold resources.
1
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
9
Why the Cortez trend?
~ Four Carlin-type gold deposits ~
Pipeline ~21+ M oz @ 2.2 g/t
Cortez Hills ~15+ M oz @ 4.1 g/t
Goldrush ~15.6+ M oz @
4.2 g/ti
N
NuLegacy’s COO, Dr.
Roger Steininger
discovered:
• Pipeline in 1989
• Iceberg in 2012
The Iceberg
1 As reported by Barrick as of December 31, 2013, the Goldrush deposit contained a resource of 423,000 ounce of gold (3.1
million tons grading 0.137 oz./ton - measured), 9,537,000 ounces (72.5 million tons grading 0.132 oz./ton - indicated) and
5,555,000 ounce (39.5 million tons grading 0.141 oz/ton - inferred). The presence of gold deposits on properties adjacent to or
in close proximity to the Company’s property is not necessarily indicative of gold mineralization on the Company’s property.
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
10
The Cortez elephants
~ Billions of dollars ~
• Three of the largest, highest grade
and politically safest gold deposits in
the world:
o 50 million+ oz gold endowment.
o Producing ~ 1.0 million oz per year.
o At remarkably low AIS-Cost of $589
per ounce of gold1.
• Roger Steininger, NuLegacy’s COO
discovered:
o Barrick's 21+ million oz Pipeline
(1989).
o NuLegacy’s Iceberg (2012).
The Cortez trend has one of the largest endowments of
gold in Nevada.
1 From
Barrick Gold Corporation’s Q3-2014 reports.
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
11
Why NuLegacy?
~The Iceberg gold deposit – the fourth elephant in the Cortez? ~
NuLegacy’s 1 sq. mile
Iceberg Gold Deposit
Barrick’s
Goldrush
deposit
~ 4,000 m
NuLegacy's 23 sq. mile
(60 sq. km) property
optioned from Barrick
Gold Corp.
0 km
4 km
Avocado
Anomaly
VIO
Jasperiod
Basin
Drilling
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
12
The Iceberg gold deposit
~ From prospect to gold deposit in 36 months ~
•
•
•
On trend with 3 of the world’s highest grade and politically safest gold deposits.
With a strike length in excess of 3,000 meters and open in multiple directions.
With an NI 43-101 compliant very near-surface oxide gold exploration target
in the North & Central zones of:
• 90 to 110 million tonnes grading 0.9 grams to 1.1 grams of
gold/tonne.1
• With favourable heap-leaching characteristics.
Median Grade of World's 10 Largest Gold Mines
Grams per tonne
1.1g/t
1
These figures are conceptual in nature and derived from a compilation of 149 historic and 34 NuLegacy drill
holes. To date, there has been insufficient exploration to define a mineral resource and it is uncertain if further
exploration will result in a resource being delineated. No preliminary economic assessment or other study has
been completed and geologically it is too speculative to apply economic considerations at this time.
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Corporation
Creating value in the Cortez Trend, Nevada
13
The gold in the ground
NB. These intercepts may not be true widths as there is insufficient data to calculate them at this time. Data verification of the
analytical results included a statistical analysis of the duplicates, standards and blanks to ensure accurate and verifiable
results. *Historical assays have not been confirmed and should not be relied upon. They are presented to provide an indication
of the possible extent of the gold mineralization in the Iceberg deposit and a guide to future exploration.
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Corporation
Creating value in the Cortez Trend, Nevada
14
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Corporation
Creating value in the Cortez Trend, Nevada
15
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
16
The Barrick/NuLegacy earn-in agreement
Working interests
NUG to spend
$5.0 million
NUG
70%
WI
ABX
ABX
30%
WI
NUG
Carried/working
interest
NUG
30%
CI
ABX
70%
NUG
• NuLegacy is fully funded to complete the remaining $1.3 million
earn-in expenditures as planned by end-September, 2015.
• Barrick will then have 90 days to elect to spend $15 million (thus
converting NUG’s interest to a 30% carried interest1) or remain a
30% minority partner.
Under the earn-back option NuLegacy Gold is effectively
‘financed all the way to gold production’.
1
A 30% carried interest is estimated to be equivalent to approximately a 50% working interest
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
17
The alternatives
Working interests
NUG
70%
WI
ABX
ABX
30%
WI
NUG
NuLegacy:
• Controls exploration programs.
• 70% Working Interest is attractive to
gold producers seeking exposure to
Nevada/the Cortez gold trend.
• Barrick must fund 30% of exploration
and construction costs or be diluted.
Carried/working
interest
NUG
30%
CI
ABX
NUG
NuLegacy:
• $15 million of exploration funding.
• Fully funded to production.
• 30% Carried Interest is attractive
to royalty companies.
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
18
The people
~ Discovery team ~
•
Roger Steininger, PhD, Dir, COO - credited with the discovery of Barrick’s
21+ million ounce Pipeline gold mine.
•
David W. Mallo, BSc, Exploration Manager - instrumental in the discovery
of three major gold deposits including Barrick's 4.3 million ounce Eskay
Creek mine - Canada's highest grade gold mine for 20 years.
•
Alexander Davidson, Econ Geo, Dir, - former EVP of Barrick instrumental
in its acquisition of the Cortez gold complex and credited with the discovery
of Barrick’s 8.5+ million ounce Lagunas Norte gold mine.
•
Abigail Stevens, MSc Geo, Project Geologist.
•
Curt Huebert, BSc Eng, Geo-Technician.
•
Garrett Frey, BSc, Field Geologist.
‘... three of NuLegacy's geological team were
instrumental in the discovery of three of Barrick’s best
performing mines…’
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
19
The people
~ Corporate team ~
•
•
•
•
Albert Matter, Dir, Chairman - co-founder and financer of Alamos Gold Inc.
and NuLegacy Gold Corporation.
James Anderson, Dir, CEO - former investment banker financed numerous
junior resource companies.
Micheal Waldkirch, CFO - provides accounting and consultancy services.
Susan Tessman, Administrator
Independent Directors:
• Petra Decher
• Alex Davidson
• Richard Wells
VP, Finance, Franco-Nevada Corporation
Dir., Yamana Gold Inc.
CFO, Waterton Global Resource Management
Industry Advisors:
•
•
•
•
•
Chad Williams
Donald Ranta
Glen Darou
John Budreski
Stuart (Tookie) Angus
Pres., Red Cloud Mining
CEO, Rare Element Resources
CEO, Clean Current Technology
Pres. & CEO, Morien Resources Corp
Chair, Nevsun Resources
‘…long standing relationships are a competitive advantage…”
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
20
The capital structure summary
Shares outstanding
Warrants
Options outstanding
Fully diluted
141.3 million
24.0 million
15.0 million
180.3 million
Year Hi-Lo share price
Market capitalization
Cash and marketable securities
Proceeds on exercise of options & wts.
$ 0.06 to 0.18/share
~ $ 14.0 million
~ $ 2.5 million
~ $ 6.9 million
Capital distribution
Principals1
45 %
1 26
Institutions2
35 %
Public
20%
individuals have purchased more then 1 million shares each.
institutions have purchased ~ 50 million shares.
2 Three
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
21
Why now?
~ BNN ~
• Renewed bull market for gold with severely depressed exploration
stocks.
• Mid-March start to drilling 15-20 holes to expand the Iceberg in fully
funded 2015 exploration program.
• Reporting higher gold grades from improved geological interpretation.
• Initial NI 43-101 resource calculation scheduled for Q3-2015.
• Completing earn-in scheduled for Q4-2015.
• Create competitive tension among industry partners by:
•
•
•
Encouraging Barrick to elect to earn-back,
Attracting a competitive ‘buy-out’ for stock or cash, or
Merging with a qualified gold producer to bring to production.
“The leverage is in the exploration companies…”
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada 22
Corporation
Exploration stocks on discovery success
~ The leverage in a bull market ~
Secure land positions,
initiate exploration.
Market Values: $0 - $5 million
Report significant
discovery.
$5 - $50 million
Confirm significant
discovery.
$50 million
to
Buy-out.
$250+ million
“Example” Ltd.
NUG: TSXV
22
NULGF: OTC
NuLegacy Gold
Creating value in the Cortez Trend, Nevada
Corporation
23
Communication Co-ordinates
Albert Matter, Chairman
James Anderson, CEO
Roger Steininger, COO
David Mall, Exploration Mgr.
Other Contact Info:
Michael Waldkirch, CFO
Admin. Susan Tessman
Investor Relations:
Operations Office:
5450 Riggins Court
Suite 1B
Reno, Nevada
89502
albert@nuggold.com
james@nuggold.com
roger@nuggold.com
david@nuggold.com
MWaldkirch@waldkirch.ca
susan@nuggold.com
info@nuggold.com
Finance & Admin Office:
355 Burrard St.
Suite 1000
Vancouver, BC.
V6C-2G8
Phone: 604-638-4959
Fax:
604-909-1710
www.nulegacygold.com
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Corporation
Creating value in the Cortez Trend, Nevada
24
Disclaimer
• TERMS OF USE AND DISCLAIMER - This presentation is being provided for the sole purpose of providing the recipients with background information about NuLegacy
Gold Corporation (“NuLegacy”). NuLegacy has made reasonable efforts to ensure that the information contained in this presentation is accurate as of the date hereof,
however, there may be inadvertent or unintentional errors. No representation, warranty or guarantee, express or implied, is made as to the fairness, accuracy,
completeness or correctness of information contained in this presentation, including the accuracy, likelihood of achievement or reasonableness of any forecasts,
prospects, results or statements in relation to future matters contained in this presentation. The views and information provided herein are based on a number of
estimates and assumptions that are subject to significant exploration, business, economic, regulatory and competitive uncertainties. See “Forward Looking Statements”
below. NuLegacy is not liable to any recipient or third party for the use of or reliance on the information contained in this presentation.
• This presentation provides information in summary form only, is not intended to be complete and does not constitute an offer to sell or the solicitation of an offer to buy
any security. It is not intended to be relied upon as advice to investors or potential investors and does not constitute a personal recommendation or take into account the
investment objectives, financial situation or needs of any particular investor. NuLegacy is not acting as agent or advisor and encourages the use of independent
consultants, as necessary, prior to entering into transactions.
• FORWARD LOOKING STATEMENTS – Except for the statements of historical fact contained herein, 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, NuLegacy concerning, among other things, anticipated geological formations, potential mineralization, future plans for
exploration and/or development, potential future production, drilling exposure, and 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 NuLegacy to be materially different from any future
results, performance or achievements expressed or implied by such forward-looking statements. The existence of gold resources on adjacent properties is not
necessarily indicative of the mineralization on NuLegacy's properties. There are currently no known resources or reserves on the Iceberg Gold Project. Factors that could
cause actual results to vary materially from results anticipated by such forward looking statements include, among others, risks related to the actual results of current and
future exploration activities, 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 of gold, silver and other metals, environmental risks and hazards, infrastructure and/or operating costs, labor
and employment matters, availability of financing, permitting availability and government regulation as well as those factors discussed in NuLegacy’s continuous
disclosure documents, available on SEDAR at www.sedar.com, including but not limited to, NuLegacy’s prospectus. Historical assays referred to in this presentation
have not been confirmed and should not be relied upon. They are presented solely to provide an indication of the possible extent of the mineralization in NuLegacy’s
properties and as a guide to future exploration.
• Although NuLegacy has attempted to identify important factors that could cause actual results to differ materially, there maybe other factors that cause 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. NuLegacy 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.
• All scientific and technical information contained in this presentation has been prepared by, or under the supervision of, Dr. Roger C. Steininger, CPG, the Company’s
Chief Operating Officer and a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Corporation
Creating value in the Cortez Trend, Nevada
25
~ Notes ~
NUG: TSXV
NULGF: OTC
NuLegacy Gold
Corporation
Creating value in the Cortez Trend, Nevada
26
~ Drilling in Nevada ~
January, 2015
NUG: TSXV
NULGF: OTC