A Gold-Silver Offtake, Royalty, Streaming CompanyCommencing December, 2017
Disclaimer
This presentation is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Nueva
Granada Gold Corp. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold
in the United States absent registration or an applicable exemption from registration.
Information set forth in this presentation may contain forward-looking statements. Forward-looking statements are statements that relate to
future, not past events. In this context, forward-looking statements often address a company's expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or
event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other
future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking
statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks
associated with mining and mineral processing; fluctuations in gold and other commodity prices; title matters; environmental liability claims and
insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and
tax consequences to U.S. Shareholders.
Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the
Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should
change. Investors are cautioned against attributing undue certainty to forward-looking statements.
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Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17
VanEck's Gold Mining Index
SMA 100
SMA 200
Gold Producers Mining Index 10yrs
Why NGG – The timing is Right
Historical Inflection Points
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Why NGG – The timing is Right
❖ The precious metal markets may be on the verge of a historical resurgence to more sustainable operating
price levels as a safe haven due to physical shortage, debt levels and market turmoil
❖ Significant deal flow and outsized returns are available and further expected in the junior and mid-tier
producer sector
❖ Considerable junior producer network established by existing SVI refining relationships and addition of
David Morgan, Director, of The Morgan Report and Silver-Investor.com
❖ NGG focus is on advanced developers, junior and mid-tier producers which are variably de-risked from
permitting, construction and financing risk factors
Strong emphasis on precious metals exposure
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Refining, hedging and logistics solutions Financing
Upfront investment
Payment to miner
3.25% Discount tomarket rate
Highlights• Non dilutive, bullion-backed financing that is balance sheet
neutral• Well perceived by the market vs streams and royalties• Attractive financing rate based on the project risk profile• Customized service-oriented refining solutions• Commercial terms secured for the contract term: operational
advantages for the miner• No cap on metal price upside unlike streams
US$ 50 M Investment
c c c c c c
Offtakes / Refining Contracts Explained
As an example:
Stream vs Offtake cost of 200K oz against Au price
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1250 1300 1400 1500 1600 1700 1800U
SD M
illio
n Stream Cost
Offtake Cost
1285
With a price of US$ 1,800/oz a stream is
US$ 3.1M more expensive
Sun Valley Industries – Track Record
❖ Sun Valley Industries (“SVI”) is a subsidiary of Sun Valley Investments, a private equity fund
headquartered in Houston, TX
❖ SVI has completed over US$2 billion in historical gold and silver transactions in the Americas and
Asia
❖ The Company has strategic gold refining partnerships with a total installed capacity of 1.5 million
oz/y, currently processing approximately 1 million oz/y
❖ SVI structures unique financial products in order to secure long-term relationships with precious
metals producers
❖ SVI works with LBMA partner refineries or processes physical metal at its own facilities (CIIGSA –
Medellin)
Proven qualified refining expertise
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Royalty/Streaming Market
-100%
-50%
0%
50%
100%
150%
200%
250%
5-year 3-year 2-year 1-year YTD 6-Month
Sr. Royalty
Jr. Royalty
Gold
Silver
Royalty companies historical returns
1,08
1,31
1,43
2,01
2,3
0 0,5 1 1,5 2 2,5
Sandstorm
Wheaton
Osisko
Royal Gold
Franco-Nevada
Avg 1,63
Royalty majors relative valuation (Price/NAV)
1,43
1,23
1,12
0,57
0 0,2 0,4 0,6 0,8 1 1,2 1,4 1,6
Altius
Maverix
Anglo Pacific
AuRico
Royalty Juniors relative valuation (Price/NAV)
Avg 1,09
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Initial Nueva Granada Assets
Project Operator Deal Type Signed Terms Oz / year Status
Segovia (SVI)
Refining Contract
20152% average Au and 14%
Ag offtake discounts Over 11 years
Au ~ 130KAg~130K
Production
Caylloma(Lemuria)
Royalty 2016 2% Ag NSR for LOM Ag ~ 1,2M Production
Marmato (SVI)Refining Contract
2014
2% average Au and 14% Ag
offtake discounts Over 11 years
Au ~ 30KAg ~ 35K
Production
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Segovia – Gran Colombia Gold
Country Colombia
Operator Gran Colombia Gold
Commodities Gold, Silver
Total Au M, I & I Resources 1.73 MM Oz @ 11.7 g/tonne
Expected Ag Pdn 2.15 Oz MM @ 16.46 g/tonne
2016 Au Production 126,237 Oz
NGG Asset – 100% production Offtake
Contract Term 11 years
Au discount From 2.5% to 1.4%
Ag discount 15%
Mine Overview
Highlights
• Segovia operation has produced over 5 million ounces in the last 150 years
• 2017 production outlook 130k Au Oz
• Recent mine extension plan up to 2026, upside potential remains
• Recent Cash Cost of USD 620/Oz
Recent Drill ResultsHigh gold grades generated from 74 drill holes (9,472 meters) were intersectedon projected vein systems with maximum grades:❖Providencia Vein: 134.6 g/t Au and 95.4 g/t Ag over 0.73 meters,❖ Sandra K vein: 43.2 g/t Au with 37.5 g/t Ag over 2.05 meters
Colombia, AntioquiaSegovia Mining District
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Marmato – Gran Colombia Gold
Country Colombia
Operator Gran Colombia Gold
Commodities Gold, Silver
Total Au Resources 14.18 MM Oz @ 0.9 g/tonne
2016 Au Production 23,450 Oz
NGG Asset – 100% production Offtake Mine Overview
Colombia, CaldasMarmato mining district
Contract Term 11 years
Au discount From 2.5% to 1.4%
Ag discount 15%
Recent Drill Results
March 2017, MND-11-16, intersected 8.98 m at 20.99 g/t Au and 7.11 g/t Ag from112.32 m to 121.30 m depth followed by 50.40 m at 2.20 g/t Au and 3.32 g/tfrom 121.30 m to the end of the hole at 171.70 m.
Project Highlights
• Modernization project and exploration 100% covered by the off-take
• New NI 43-101 in 4Q2017 will increase underground resources
• 2017 production guideline: 25,000 Oz
• Cash Cost USD 1,062/Oz
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Caylloma – Fortuna Silver Mines
Country Peru
Operator Fortuna Silver Mines Inc.
Commodities Silver,Gold,Zinc,Lead
Total Ag Resources 23.5 MM Oz @ 111 g/tonne
2016 Ag Production 1.3 M Oz
NGG Asset – 2% Ag NSR Mine Overview
Contract Term LOM
NSR % 2%
Royalty threshold* 21M Ag Oz
Life-of-mine of ~10 years✓ Historical average production of 2 million ounces of silver per year,
currently mining at 1.2Moz/yr✓ Increase in mine production from ~1,300tpd in 2015 to ~1,430tpd
operation in mid 2016
Project Highlights
• The mine has been in production since 1995
• 1,430tpd u/g operation with ore resources of 27 mm oz Ag
• Potential for further exploration in the region with over 35,000ha of
land package, ~US$4M in brownfield exploration and US$10M in
sustaining capex for 2017
Perú, Arequipa*Threshold is expected to hit by 2019
based on current mine plan
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Bios
VIKRAM SODHIExecutive Chairman
Private equity professional with over 20 years ofinvestment experience. Founded and co-foundedseveral private equity funds in the US, Latin America,and India which have raised over US$1 billion ofinstitutional capital from sovereign governments,pension funds, foundations, endowments, andinsurance companies.
Formerly an investment banker at Morgan Stanley andNuveen Investments, Mr. Sodhi is a graduate of YaleUniversity where he had a full scholarship.
Fluent in English, Spanish, Portuguese, Hindi andPunjabi.
ABRAHAM DROST M.Sc., P.Geo. President & CEO
Mr. Drost was most recently CEO and Director of CarlisleGoldfields Ltd. (CGJ:TSX) at the sale to Alamos Gold Inc.(AGI:TSX). He is a former Chairman of Premier Gold MinesUSA, Inc. and Premier Royalty Corporation, former CEO andfounding Director of Premier Royalty Inc. (NSR:TSX), prior tothe sale to Sandstorm Gold.
Mr. Drost is a former President and Director of Sabina Goldand Silver Corporation (SBB:TSX), former President andDirector of Sandspring Resources Inc. (SSP:TSXV). He was aformer Director of Mega Precious Metals Inc. (MGP:TSXV)at the recent sale to Yamana. Earlier, Mr. Drost was withthe Mines and Minerals Division of the OntarioGovernment.
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BiosDAVID MORGAN Director
Mr. Morgan is a widely recognized analyst in the preciousmetals industry and consults for hedge funds, high networth investors, mining companies, depositories and bulliondealers. He is the publisher of The Morgan Report and thenew book “The Silver Manifesto”. Mr. Morgan is a featuredspeaker at investment conferences in North America,Europe and Asia.
MIKE DOYLEVP Technical Services
Mr. Doyle has over 35 years experience in mining andexploration, with Rio Tinto, Inmet and Wardell- Armstrong.Mr. Doyle has experience across exploration, feasibilitystudies and construction of major mining projects. He is aqualified Engineer and Geologist with a MSc inEnvironmental Management (Imperial College, London).
CARLOS VICENSStrategic Advisor
Mr. Vicens is CFO of Neo Lithium Corp. FormerlyScotiabank’s Investment Banking Mining VP. Participated inover $10B of M&A transactions and $5B in equity, debtissuances, stream & royalty transactions such as:Vale/Silver Wheaton stream ($2.0B), HudBay/SilverWheaton stream ($885M) and Royal Gold’s acquisition ofInternational Royalty Corporation ($750M).
DANIEL HENAOVP Business Development
With over 10 years in the mining industry, Mr. Henao is anexperienced leader focused on generating project valuethrough high-impact exploration, production, acquisition,sales and joint-venture strategies. Former VP Finance ofmultiple publicly traded Canadian mining companies.
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Highlights
Headquarters:
1st Floor, Limegrove Centre
Holetown, Barbados
(+1) 2817518975
www.ngg.gold
Abraham Drost [email protected] Daniel Henao [email protected]
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