Bardoc Gold : Investor Presentation - Resource Rising Stars

D e v e l o p i n g a new +100kozpa

gold project on the doorste p of Kal goor l i e

R e s o u r c e R i s i n g S t a r s P r e s e n t a t i o n - F e b r u a r y 2 0 2 1 R o b e r t R y a n | C E O

B A R D O C G O L D L I M I T E D

ASX : BDC

• +3Moz Resource in a Tier-1 location
• Definitive Feasibility on track for Q1 2021
• Targeting +135kozpa production at AISC of ~A$1220/oz

Investment Overview

• Advanced gold development project in a Tier-1 jurisdiction
• • 250km2 tenement package 40km north of Kalgoorlie
  • 3.03Moz Resource, 790koz Reserve
• Targeting +135koz pa gold production
• • UG and OP production - LOM 2.6g/t processed grade
  • 1.8Mtpa CIL processing plant, plus Stage 2 flotation
  • 1.02Moz production target over 7.8 years
• Strong margins, low capital intensity, well-funded
• • LOM AISC of A$1,220/oz, A$140m CAPEX
  • ~$23 million cash at the end of the December quarter
• Closing in rapidly on development and production
• • DFS March 2021, FID Q3 2021, Construction Q3 2021
• Experienced management team
• • Strong operations and development experience - Pilbara Minerals, Integra Mining, Norton Goldfields, Barrick

Bardoc is one of only a handful of new +100koz pa Australian gold projects set to come on stream over the next two years.

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Corporate Summary

CAPITAL STRUCTURE				SHAREHOLDER SNAPSHOT
Shares	M	1,735		Institutions
			14%
Options*	M	35
Performance Rights	M	45		Board
			10%
Share price (8 February 2021)	A$	$0.083
Market Capitalisation	A$	$144m
Cash Balance (31st December 2020)	A$	$22.8m
Top 50 Shareholders		46.8%		Other
			75%

SHARE PRICE

BOARD & MANAGEMENT

12

28

Tony Leibowitz

Chairman

11

24

John Young

Director

10

20

Neil Biddle

Director

9

16

Rowan Johnston

Director

cps

7

Millions

Peter Buttigieg

Director

8

12

Volume

6

8

Robert Ryan

Chief Executive Officer

5

4

Russell Hardwick

CFO / Company Secretary

4

0

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Board and Management

BOARD

Tony Leibowitz

Chairman

Mr Leibowitz has over 30 years of corporate finance, investment banking and broad commercial experience.

John Young

Director

Mr Young is a highly experienced geologist who has worked on exploration and production projects encompassing gold, uranium and specialty metals.

Neil Biddle

Director

Mr Biddle is a geologist and has over 30 years' professional and management experience in the exploration and mining industry.

Rowan Johnston

Director

Mining Engineer and experienced executive director, most recently being the Managing Director of Excelsior Gold Limited.

Peter Buttigieg

Director

Peter is an IT Professional with over 30 years experience. Peter is the Founder and Managing Director of RMS (Aust.) Pty Ltd.

EXECUTIVE TEAM

Robert Ryan	Russell Hardwick	Andrew Francis	Bradley Toms	Helen Chernoff	Mark Roberts
CEO	CFO / Company	COO	Exploration Manager	Environmental &	Project Manager
Secretary	Stakeholder Manager
Mr Ryan is a mining	Mr Hardwick is a Certified	Mr Francis is a mining	Mr Toms is a geologist with Mrs Chernoff has over 17	Mr Roberts is an
engineer with in-depth	Practicing Accountant with	engineer with over 15	over 30 years of	years' experience in	experienced metallurgist
knowledge of the Kalgoorlie 20 years' experience in a	years' technical, operational exploration experience	environmental and	with experience in
after having worked and	variety of private and public and management	which includes 15 years in	stakeholder roles	Feasibility studies, process
lived in the region for over	companies.	experience across a variety	the North Eastern	throughout the Western	design and commissioning
17 years.		of commodities.	Goldfields of Western	Australian Goldfields region. of new and upgrades for
			Australia.		mineral processing plants.
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