ADVANCING A PROSPECTIVE PORTFOLIO TO … · LA ESCONDIDA DISTRICT * (BHPB, RT, Barrick,...

www.reveloresources.com

ADVANCING A PROSPECTIVE PORTFOLIOTO DISCOVERY SUCCESS

Copper - Gold - Silver

GOLD-SILVER PROJECTS

Northern Chile

Summary

July 2018


Cautionary Statement

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Certain statements contained in the following presentation constituteforward-looking statements. Such forward looking statements involvea number of known and unknown risks, uncertainties and otherfactors which may cause the actual results, performance orachievements of the Company to be materially different from anyfuture results, performance or achievements expressed or implied bysuch forward-looking statements. Readers are cautioned not to placeundue reliance on these forward-looking statements.

Dr. Demetrius Pohl, PhD., Certified Professional Geoscientist (CPG), anindependent consultant, is the Company’s Qualified Person for thepurposes of National Instrument 43-101 Standards of Disclosures forMineral Projects of the Canadian Securities Administrators, and isresponsible for the accuracy of, and has verified, the technicalinformation in this presentation and has approved its writtendisclosure.


Revelo – Gold-Silver Projects in northern Chile

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Gold-Silver projects

8 project interests

3 projects available for JV / spin-out

Las Pampas, Victoria Sur, Orca

1 option/sale/royalty agreement

Loro

4 NSR royalty interests in 3rd-party exploration projects

Exceptional Jurisdiction

Chile – geology, government, law, infrastructure, people, services

Exceptional Location

Northern desert – along trend from major mining districts

Exceptional Land Position

> 33,000 Ha (100% owned) + royalty interests

Au Ag

Loro

Limbo

Magallanes

Las Pampas

Victoria SurSan Guillermo

Reprado

Orca


Available Projects – Victoria Sur

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Domeyko Cordillera at Victoria SurView looking SE showing Quebrada Chaco with Nueve Vidas and Cenizas beyond – Key Targets at Victoria Sur

Au CuAg

Cenizas – Au-Ag-Cu

Nueve Vidas – Au + Au-Ag

Magnetic Anomalies

Victoria I & II – Ag-Au

Quebrada (dry valley) Chaco


Gold + Gold-Silver-Copper exploration project – Northern Chile

See separate technical presentation

Significant historic trench and drill intercepts

E.g. 8m @ 10.5g/t Au + 29g/t Ag

E.g. 72m @ 0.40g/t Au (including 16m @ 0.72g/t Au)

Porphyry-gold + Epithermal gold-silver-copper targets

High-grade epithermal structures - multi-gram gold and + oz silver

Bulk-tonnage porphyry gold target - significant size potential

Possible epithermal or porphyry gold-copper

Northern Chile

Desert terrane

Easy access / moderate altitude

Victoria Sur Project (Gold-Silver-Copper) – Available

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Au CuAg

Deal type

Spin-out into Newco / Shell with stock, participation, royalty, work commitment

Possible traditional farm-out


Victoria Sur

Porphyry Au

Porphyry / Epithermal Au-Cu

Domeyko Cordillera

Mid-Tertiary mineral belt

3 of world’s top 6 copper mining districts

Important gold deposits and gold-rich copper porphyries

From: Mpodozis C. & Cornejo P. (SEG SP 16 – 2012)

Regional Geological Setting

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Au CuAg


District Geological Setting

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(*) Production & Contained Metals Figures from Company Websites & Academic Publications

Au CuAg

LA ESCONDIDA DISTRICT * (BHPB, RT, Barrick, Antofagasta, Mitsubishi)

- Copper-Moly-Gold District- ~ 144 Mt Contained Cu- >> 1 Mt fine Cu production / year * (world’s largest)- 3 mines (La Escondida, Escondida Norte, Zaldivar)- 1 undeveloped deposit (Pampa Escondida)

EXPLORADORA DISTRICT (Codelco / Antofagasta) *

- Copper-Gold and Gold-Silver District- Porphyry Cu-Au discovery- LS Epithermal Au-Ag Veins

Au, Ag, & Au-Ag mines – current & historic production

20 Km

VICTORIA SUR PROJECT (~ 6,600 Ha)

• Prolific mineral belt – along trend from world-class mines and deposits

• Key controlling faults of the Domeyko Cordillera• Porphyry-Au + Epithermal Au-Ag + Ag-Au +/- Cu

PanAmericanHighway


Principal Targets

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Au CuAg

CENIZAS

High-sulphidation epithermal Au-Ag-Cu structures

Possible epithermal or porphyry Au-Cu potential at depth

Extensive base of lithocap-style alteration

Sericite, (muscovite), dickite identified –intense leaching and supergene effects

Clastic, volcaniclastic and volcanic sequences of Late Jurassic – Cretaceous age

Andesite and rhyolite porphyry plugs

Zoned propylitic alteration – to S and W

Jarositic / limonitic breccia zones with highly anomalous Au & As

Porphyry Au target – trench & drill intercepts

Cross-cut by high-sulphidation epithermal Au-Ag-Cu structures – trench & drill intercepts

Intrusive porphyry complex with diorite / tonalite

Chlorite-epidote-magnetite veining and alteration with highly anomalous Au in dioritic porphyry

Strong magnetic anomaly

Cross-cutting jarositic / limonitic structures with high-grade Au-Ag

Contact skarn alteration with sediments

NUEVE VIDAS


Available Projects – Las Pampas

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Cerritos Sur at Las PampasHistoric, artisanal silver workings at Cerritos Sur – part of a ~ 8 Km trend

Au Ag


Las Pampas Project (Gold-Silver) – Available

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Au Ag

Gold-Silver exploration project – Northern Chile


Centred along trend and just 40 Km southwest of the major El Peñon – Fortuna gold-silver mining district (Multi-million oz Au + Ag)

One of Chile’s most important precious metals mining districts

Epithermal, bonanza-style gold-silver vein targets – major district play (~ 22,000 Hectares)

Multi-kilometer geochemical anomalies

Major high-level chalcedonic silica sinter outcrop

Drill intercepts indicating presence of mineralised systems (limited drilling)

Northern Chile

Desert terrane

Excellent infrastructure, easy access

Deal type

Spin-out into Newco / Shell with stock, participation, royalty and work commitment



Las Pampas

Epithermal Au-Ag

Paleocene (or Central) Belt

Early-Tertiary mineral belt

Central zone typified by precious metals deposits

Important porphyry copper deposits along trend to N and S


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Au Ag


LAS PAMPAS PROJECT (~ 21,800 Ha)


• Key controlling fault from the El Peñon District – the Dominador Fault

• Low-sulphidation, epithermal Au-Ag vein prospects


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Au Ag

EL PEŇON – FORTUNA DISTRICT (Yamana Gold) *

- > 1 M oz Au + 36 M oz Ag – reserves (2016)- > 200,000 oz Au + 6 M oz Ag production (2016)- El Peñon & Fortuna mines – Low-sulphidation –

multiple producing veins- Multi-million oz historic production since mid-1990s

GUANACO DISTRICT (Austral Gold) *

- > 1 M oz Au historic production (estimated)- > 40,000 oz Au production / year (2017)- Multiple producing High-Sulphidation structures

CACHINAL DE LA SIERRA & EL SOLDADO

- Historic producers – Low-Sulphidation – Ag and Au

10 Km

PanAmericanHighway

Approximate Trace of Dominador

Fault Zone


Principal Targets

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TARGET H

Low-sulphidation epithermal Au-Ag vein target

High-grade vein float at surface

Drilling cut complex Dominador Fault Zone

TARGET F


Intense hematite capping (typical of belt)

Drilling cut low-T quartz with Ag-As (high-level)

CERRO 1868


Silicified and altered rhyolite dome complex

Anomalous geochemistry – no drilling

CERROS BAYOS


Large, low-T silica sinter field with silver

Geophysical anomalies not tested by drilling

CERRITOS TREND


Extensive anomalous geochemical trend

Wide-spaced drilling cut Ag + Au anomalies

OTHERMultiple geochemical & geophysical anomalies remain untested by drilling

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5 Km

Au Ag


Available Projects – Orca

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OrcaHistorically mined structures with gold along shear zone belt

Au


Gold exploration project – Northern Chile (Coastal Belt)

Series of old gold workings along ductile shear zone – +5 Km strike

Grab samples from old workings

From zero to 18.25g/t Au

Shear-zone hosted gold targets

Narrow, high-grade structures - multi-gram gold

Northern Chile

Desert terrane

Easy access / moderate altitude

Deal type

Spin-out into Newco / Shell with stock, participation, royalty, work commitment


Orca Project (Gold) – Available

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Au


Orca

Shear-zone hosted Au

Coastal Belt

Mesozoic mineral belt

Atacama Fault Zone

Major IOCG deposits

Porphyries, mantos, intrusion-related veins

Shear-zone gold


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Au


Orca - Photos

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Au

Views of area showing principal abandoned gold workings developed along sub-vertical to steeply dipping shear zones


Existing Option Agreements – Loro Project

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LoroOutcropping and sub-cropping epithermal quartz veins at Loro

Au Ag


Loro Project (Gold-Silver) – Subject to Option / Sale / Royalty

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Au Ag

Gold-Silver exploration project – Northern Chile


Centred along trend, just 25 Km south of the major El Peñon – Fortuna gold-silver mining district (Multi-million oz Au + Ag)

One of Chile’s most important precious metals mining districts

Epithermal, bonanza-style gold-silver vein targets

Multi-kilometer geochemical anomalies

High-level chalcedonic silica sinter outcrop

Trenching underway – drilling planned

Northern Chile

Desert terrane

Excellent infrastructure, easy access

Deal type

Option & Sale agreement with Hochschild Mining

5-year option – US$13M or 30,000m of drilling

Hochschild to pay Revelo up to US$20M in cash + 1% NSR royalty on production

Revelo operating exploration program


Loro

Epithermal Au-Ag

Paleocene (or Central) Belt

Early-Tertiary mineral belt

Central zone typified by precious metals deposits

Important porphyry copper deposits along trend to N and S


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Au Ag


LORO PROJECT (~ 4,800 Ha)


• En-echelon structures aligned along N-S trend• Low-sulphidation, epithermal Au-Ag vein prospects


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Au Ag

EL PEŇON – FORTUNA DISTRICT (Yamana Gold) *

- > 1 M oz Au + 36 M oz Ag – reserves (2016)- > 200,000 oz Au + 6 M oz Ag production (2016)- El Peñon & Fortuna mines – multiple producing veins- Multi-million oz historic production since mid-1990s

GUANACO DISTRICT (Austral Gold) *

- > 1 M oz Au historic production (estimated)- > 40,000 oz Au production / year (2017)- Multiple producing structures

CACHINAL DE LA SIERRA & EL SOLDADO

- Historic producers – Ag and Au

20 Km

PanAmericanHighway

Approximate Trace of Dominador

Fault Zone


Royalty Interests – San Guillermo, Reprado, Magallanes, Limbo

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San GuillermoExploration trenches at San Guillermo

Au Ag


Royalty Interests

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Au Ag

Revelo has NSR royalty interests in 4 gold-silver exploration projects in northern Chile

Reprado – 1.0% NSR royalty ~ 2,750 Ha – owned by Austral Gold (TSX-V: AGLD)

San Guillermo – 0.5% NSR royalty ~ 12,000 Ha – owned by Austral Gold (TSX-V: AGLD)

Magallanes – 1.0% NSR Royalty ~ 1,000 Ha – owned by Austral Gold (TSX-V: AGLD)

Limbo – 1.0% NSR Royalty ~ 5,600 Ha – owned by Austral Gold (TSX-V: AGLD)

Located along same mineral belt as the major El Peñon – Fortuna gold-silver mining district (Multi-million oz Au + Ag) and the Amancaya gold-silver mine (emerging district)

One of Chile’s most important precious metals mineral belts

Epithermal, bonanza-style gold-silver vein targets

Historic gold-silver intercepts in trenches (Reprado, San Guillermo & Magallanes)

Historic gold-silver intercepts in drill holes (Reprado & San Guillermo)

Northern Chile – Desert terrane – Excellent infrastructure – Easy access


Royalty Interests – Gold-Silver

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Au Ag

Limbo

Magallanes

San Guillermo

Reprado


AMANCAYA MINE (Austral Gold) *

- Austral Gold’s newest mine- Emerging epithermal vein district – new veins discovered- > 400,000 oz gold equivalent resources

District Geological Setting – Reprado & San Guillermo

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Au Ag

REPRADO PROPERTY (Austral Gold ~2,750 Ha)

- Revelo – 1% NSR royalty interest- Historic trench and drill intercepts- Along direct trend from Amancaya mine

REVELO EXPLORATION PROPERTIES

- At Morros Blancos (blue) and Altamira (purple)- Copper-focused exploration plays

20 Km

Access to PanAmerican

Highway

SAN GUILLERMO PROPERTY (Austral Gold ~12,000 Ha)

- Revelo – 0.5% NSR royalty interest- Historic trench and drill intercepts- Surrounds and along direct trend from Amancaya mine


Revelo – Gold-Silver Projects in northern Chile

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8 project interests

3 projects available for JV / spin-out

Las pampas, Victoria Sur, Orca

1 option/sale/royalty agreement

Loro


Individual option / JV agreements on available projects

Spin-out into Newco or existing shell of available projects in exchange for shares, royalty and firm commitment to explore

Spin-out of entire gold-silver portfolio –including royalty interests – details to be discussed

Au Ag

Loro

Limbo

Magallanes

Las Pampas

Victoria SurSan Guillermo

Reprado

Orca


WHAT WE DO

Copper - gold - silver explorer in Chile

Consolidated land from 2014 to 2016

>US$100M historic exploration on portfolio

Expertise in porphyry/epithermal deposits

Partnering projects, generating royalty interests

WHAT WE HAVE

~200,000 Hectares of mineral property interests

26 project interests / ~35 targets

16 projects available for Option / JV / Sale

3 Option / JV or Sale / Royalty Agreements

7 Royalty Interests *

* Currently non-producing

WHERE WE DO IT

CHILE(THE PLACE

TO BE)

Chile – Mining country – main economic activity

Focused in the northern desert

Safe country to work in

Politically and fiscally stable

Legal system works

Both Major and Mid-Tier players are present

Exploration investment is re-awakening

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Revelo – Corporate Summary

100Km


In the Shadow of the Headframe

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METALS COPPER-GOLD-SILVER

STAGE EXPLORATION

LOCATION NORTHERN CHILE

TEAM HIGHLY EXPERIENCED

TENEMENT MAJOR LAND POSITION

PORTFOLIO MULTIPLE TARGETS

ADVANCING A PROSPECTIVE PORTFOLIO TO … · LA ESCONDIDA DISTRICT * (BHPB, RT, Barrick,...

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Transcript of ADVANCING A PROSPECTIVE PORTFOLIO TO … · LA ESCONDIDA DISTRICT * (BHPB, RT, Barrick,...