Kirill Klip GEM Royalty TNR Gold Presentation November 2019
1. Gold
Gold in The USA: Solid Values In Uncertain Times.
Kirill Klip GEM Royalty TNR Gold
November 2019
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2. Legal Disclaimer
All information about NOVAGOLD, McEwen Mining, Ganfeng Lithium and
International Lithium is presented with publicly available data.
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November 2019
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3. Legal Disclaimer For The US
Please read legal disclaimers. There is no investment advice in this
presentation. Always consult your qualified financial adviser.
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November 2019
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4. The Green Energy Metals
Royalty & Gold Company.
TNR Gold Corp.
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5. Record Debt
World debt hits record $247T early 2018 and is much
higher than before The Great Recession of 2008.
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6. The U.S. National Debt - $23 Trillion
The U.S. national debt has surpassed $23 trillion on
November 1, 2019.
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7. The U.S. National Debt - $23 Trillion
The U.S. national debt jumps by $1.3 trillion in 12 months.
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9. The Rise And Fall Of The US Dollar
Purchasing power of the consumer dollar.
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10. U.S. Dollar In Reserves
U.S. Dollar’s share of official global reserves declines
further.
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11. Gold vs S&P 500
The price of gold has crushed the market so far in
the 21st century.
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12. The “Third Great Bull Market”
Is Gold setting up for the “Third Great Bull Market”?
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13. Gold Price 1971 - 2019
Gold US $ 1971 - 2019 from - $35 to $1,515 - up 43X.
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14. Central Banks Buying Gold
Central Bank demand in 2018 was the highest since
Nixon closed the Gold window.
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15. Central Banks Buying Gold
Central Banks bought more Gold than ever in 2018.
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16. Growing Central Bank Demand
Rolling four-quarter period ending last quarter saw most
buying on record.
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17. Growing Gold Demand
Gold demand in H1 2019 hit a three-year high, boosted
by record Central Bank buying.
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18. China Gold Reserves Growth
China buys more Gold during trade wars.
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19. China Sells USTs & Buys Gold
China’s holdings of USTs fall to lowest since May 2017.
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20. China Gold Demand
China Gold demand is strong.
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21. Long Gold In CNY - Breakout?
Long Gold in CNY terms vs. short global stocks.
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22. Investors Sell USTs & Buy Gold
World Gold Holdings vs. Treasury Holdings in 2019.
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23. Gold At 300 Year Low
300 year Gold price chart adjusted for real inflation.
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24. Millennials Are Chasing Crypto Bubbles
“Gold 2.0” - The demographic situation is not helping:
“Gold Bugs” are facing extinction.
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25. Bitcoin Store Of Value?
Black Holes of scams are sucking out all positive energy
out of Crypto Universe.
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26. Gold Vs. Bitcoin
Gold has acted as safe heaven during August 2019
market sell off and bitcoin failed to do so.
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27. A Bullish Sign After Bear Market
The price of Gold broke above its 200-day moving
average in December 2018.
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28. Gold Achieves A “Golden Cross”
Gold achieves a “Golden Cross” as of January 11, 2019.
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29. Gold Bull Markets 1970 vs. 2000
Gold: undervalued relative to broader equity markets.
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30. Gold And Negative Real Rates
Gold was driven by negative real rates to all-time high
in the U.S. dollars in 2011.
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31. Gold And Negative Real Rates
Negative real interest rates are a perfect environment
for Gold.
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32. Gold And Negative Yielding Debt
Gold has been mocked for years for its lack of yield.
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33. Gold All-Time Highs
Gold has hit all-time highs in multiple currencies.
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34. Gold All-Time Highs
Gold has hit all-time high in Euro.
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35. FED Balance Sheet
“This is not QE”. FED has expanded balance sheet to
over $4 Trillion after “repo market scare”.
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36. Gold ETF
ETF holding of Gold is growing at record pace in 2019.
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37. Gold Mining Stocks
Gold mining stocks are incredibly undervalued relative
to broader equities.
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38. Gold ETF And Miners
Flows into the Gold mining stocks ETF are still declining
despite the record flows into Gold ETF.
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39. Gold Mining Stocks
The oldest Gold mining stocks index by Barron's shows
the extreme historical undervaluation.
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40. Longest And Deepest Bear
Gold equities are coming out from “Longest and
Deepest Bear” market.
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41. Gold Equities Bull Markets
Gold equities Bull Markets over the past 77 years.
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42. Gold: The Trend Is Up!
Gold: the trend is up – targets are big!
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43. Peak Gold
Output from the world’s Gold mines will top out in 2019
before declining.
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46. Gold Reserves
Reserves by major Gold companies have declined 26%
from 2012 and are now below 2007 levels.
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47. Exploration Budgets
Global Gold exploration budgets are still a long way off
their 2012 peak.
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48. Exploration Cost
Gold majors: average exploration cost per Au oz
discovered.
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49. Gold Discoveries
Gold in major discoveries and discovery cost.
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50. Gold M&A vs. Exploration
Gold M&A is cheaper and more certain than
exploration.
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51. TNR Gold Corp.
Shotgun Gold project, Alaska.
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52. Where Do You Look For Elephants?
Shotgun Gold project is located in Alaskan “Elephant
Country”.
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53. The Shotgun Gold Project
Shotgun Gold is located in Donlin Gold Mining District,
South-West Alaska.
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54. Alaska A World-class Jurisdiction
Leverage in a place where you can keep the rewards.
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55. Alaska’s Appeal
At a time of extreme geopolitical uncertainty, Alaska is
welcoming new responsible development.
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56. Donlin Gold Federal Permit
Donlin Gold: key project milestone achieved.
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57. Donlin Gold Infrastructure
Barrick Gold and NOVAGOLD are developing
Donlin Gold and opening new Mining District in the U.S.
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58. Gold Elephant In Alaska
One of the largest and highest-grade known open-pit
gold development projects in the world.
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59. Donlin Gold, Alaska
One of few federally-permitted undeveloped assets in
North America.
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60. Gold Elephant In The USA
Donlin Gold: development projects of similar size are
scarce. Development of major gold mining camp.
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61. New Gold Camp In The USA
Donlin Gold in Alaska could be one of the industry’s top
producing assets.
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62. The Shotgun Gold Project
Exploration history of Shotgun Gold project in Alaska.
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63. Regional Geologic Environment
Region is truly unique “Elephant Country” for large scale
gold deposits.
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64. Shotgun Gold Geology
Predominantly underlain by Cretaceous sediments of
the Kuskokwin Group.
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65. Shotgun Gold Mineralization
Shotgun Gold: the same age rocks - geological signature
appears to resemble Donlin Gold mineralization.
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68. Shotgun Ridge
Shotgun Ridge - resource model cross-section A-A’
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69. The Shotgun Project
The Shotgun Project - mineral resource.
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70. Understanding Potential Targets
Shotgun Ridge alone shows potential to host multiple
closely spaced gold deposits.
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71. Typical Porphyry System
Magnetic image shows “ring structure” typical of
porphyry systems.
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72. Area Of Defined Resource
Multiple areas with similar structural and magnetic
character are untested by drilling.
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73. Chargeability Model
Only one chargeability target is tested by drilling and it
is mineralized.
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74. Shotgun Ridge Geophysics
The Shotgun Gold project – geophysics cross section.
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76. Shotgun Ridge Potential
Shotgun Ridge has untested structural intersections that
may host significant Gold deposits.
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77. The Shotgun Gold Opportunity
Shotgun Ridge is just one of multiple gold target areas.
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79. Strategic Partner - Gold In The USA
TNR Gold is looking for strategic partner to unlock the
potential of Shotgun Gold development.
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80. GEM Royalty Portfolio
• 0.36% NSR Royalty on the entire Los Azules,
Argentina – one of the largest Copper projects
under McEwen Mining management.
• 1.8% NSR Royalty on the Mariana Lithium, Argentina
– lithium brine project under Ganfeng Lithium
management.
• 90% Shotgun Gold project, Alaska. Gold in the USA
Elephant Country - Donlin Gold mining district being
developed by Barrick Gold and Nova Gold.
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81. GEM Royalty Co. - TNR Gold Corp.
• Becoming The Green Energy Metals Royalty Co.
• Assets with major companies as Operators.
• Green Energy Metals: Copper and Lithium.
• TNR holds NSR Royalty on Los Azules Copper.
• TNR holds NSR Royalty on Mariana Lithium.
• TNR holds 90% stake in Shotgun Gold, Alaska.
• TNR Gold presentations on www.tnrgoldcorp.com
• All Information is available on www.sedar.com
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82. Thank you!
Energy rEVolution & Gold.
The World Just Before The INTERNET.
Contact k.klip@btinternet.com
Visit www.kirillklip.blogspot.com
Follow on Twitter @kirillklipKirill Klip GEM Royalty TNR Gold
November 2019
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