Minaurum Gold Corporate Presentation

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Corporate Presentation Spring 2014 1

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Transcript of Minaurum Gold Corporate Presentation

Page 1: Minaurum Gold Corporate Presentation

Corporate Presentation Spring 2014

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Page 2: Minaurum Gold Corporate Presentation

Forward Looking Statements

Some of the statements contained in this presentation are forward-looking statements. Forward-looking

statements are not historical facts and are subject to a number of risks and uncertainties beyond the

Company's control, including, but not exclusively, statements regarding potential mineralization,

exploration results, completion of work program and studies, and future plans and objectives of the

Company. Resource exploration, development and operations are highly speculative, characterized by

a number of significant risks, which even a combination of careful evaluation, experience and

knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from

the failure to discover mineral resources but from finding mineral deposits which, though present, are

insufficient in quantity and quality to return a profit from production.

Qualified Person: Mr Stephen R Maynard, M.S., C.P.G., has acted as the qualified person as defined in

National Instrument 43-101 for this disclosure and supervised the preparation of the technical

information in this release.

Guerrero Gold Belt Global Resources taken from Goldcorp December 31, 2011 (Global Resource) and

Torex Gold Website, October 10, 2012.

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Page 3: Minaurum Gold Corporate Presentation

Strong Foundation for Growth

Proven Mine Finders

• Discovered over 200 million ounces Silver & 8 million ounces Gold

• Involved in two takeovers - $424M West Timmins Mining merger (Lake Shore Gold)

$140M Underworld Resources (Kinross Gold Corp.)

Strong Institutional Ownership

• 50% owned by financial institutions

• 20% owned by management

First Mover Advantage

• First explorer into the Southern Guerrero Gold Belt (“GGB”)

• Large land position in the 21M oz “GGB” (Goldcorp, Torex, Newstrike, Cayden)

Exploration Focused

• Exploration expenditures constitute 80% of total expenses, only 11% is overhead

• $0.15M working capital with no debt, and 60M shares outstanding

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Page 4: Minaurum Gold Corporate Presentation

Proven Mine Finders

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What? Who? Role at Minaurum

BHP Billiton

2.9MT copper, 7 million oz Gold OK

Tedi Mine

Discovered by Gerald Rayner Senior Consulting Geologist

Excellon Resources

Platosa Silver Mine

Discovered by Dr. Peter Megaw Director, Consulting Geologist,

Property Vendor

Goldcorp

8 million oz Los Filos Gold Deposit

Discovered by David M Jones Director, Senior Geologist, Property

Vendor

Kinross

2 million oz Buckhorn Gold Deposit

David M Jones, Part of Team

credited with discovery

Director, Senior Geologist, Property

Vendor

MAG Silver

200 million oz Silver Juanicipio Deposit

Discovered by Dr. Peter Megaw Director, Consulting Geologist,

Property Vendor

Underworld Resources

$142 million takeover by Kinross

Co-founded by Michael Williams Chairman

West Timmins Mining

$424 million merger with Lake Shore

Gold

Dr. Peter Megaw was property

vendor

Director, Consulting Geologist,

Property Vendor

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Accomplished Management Team

Darrell Rader, BBA, President, CEO & Director

Mining and exploration financer and operator. Served as

manager of Corporate Development for Energold Drilling and

IMPACT Silver Corp. (2003-2010) during which Energold

expanded from 2 drill rigs to over 80 and had 22 consecutive

profitable quarters. IMPACT Silver moved from early stage

explorer into a profitable silver producer in Mexico.

Stephen Maynard, M.S., Vice President Exploration

Exploration geologist for over 30 years and worked with

geological teams that discovered the 1.5-million-ounce gold

Efemcukuru deposit in Turkey and Metallica Resources' 3-

million-ounce gold Cerro de San Pedro deposit in Mexico.

Cale Moodie, CA, Chief Financial Officer

Previously served as the CFO of both Underworld Resources

prior to its acquisition by Kinross Gold and Sierra Geothermal

prior to its acquisition by Ram Power.

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Board of Directors:

Michael Williams, Chairman

David M. Jones, M.S.

Peter Megaw, Ph.D.

Richard Brissenden, CA.

Lawrence Talbot , LLB

Stephan Zimmermann, Ph.D.

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Share Structure

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Institutions 50% Management

20%

Retail 30%

Symbol MGG:TSX.V

Shares Issued 71,799,296

Options 3,300,000

Warrants 18,452,200

Fully Diluted 93,551,796

52 Week: Hi/Low C$0.20/ C$0.03

Current Price: $0.08

Market Cap $6M

Working Capital $0.15M

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Project Portfolio – 4 Drill Ready Projects

The 21M Oz

Guerrero Gold Belt

Page 8: Minaurum Gold Corporate Presentation

What is the Guerrero Gold Belt?

• The Guerrero Gold Belt (GGB) is becoming a world class district for

gold mineral exploration with over 21 million ounces discovered in

the last two decades within a 40 km trend.

• Geological characteristics of an emerging mining district

– BIG: Not one off deposits but multiple deposits that are unified by

common geological characteristics

– SYSTEMATIC: Processes that formed the deposits are part of the

same geological system

• If Big and Systematic, then you have a reasonable predictability and

higher probability of discovery

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Page 9: Minaurum Gold Corporate Presentation

First Mover into GGB South

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Mining Companies Operating in the Guerrero Gold Belt

David M. Jones, Senior Geologist & Property Vendor for

Minaurum Gold Inc. developed the exploration model that

resulted in many of the Guerrero Gold Belt “GGB”

discoveries. GGB now totals over 21 million ounces.

Company Primary

Project

Hectares Reserve (Au) Resource (Au) Market Cap

Goldcorp Inc. No 9,000 7.75M oz 5.83M oz n/a

Osisko Mining Corp. No 1,000,000 n/a

Torex Gold Yes 29,000 5.4M oz $612M

Newstrike Capital Yes 88,000 2.2M oz $72M

Alamos Gold Yes 15,000 1.64M oz n/a

Cayden Resources Yes 17,000 80,000 oz $44M

Minaurum Gold Yes 18,200 $1.5M

Citation Resources Yes 38,000 $0.7M

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Major Mines & Deposits in “GGB”

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MGG Projects:

• Vuelcos del

Destino

Project covers

Intrusive complexes

similar to current

GGB Deposits

Belt has very good

infrastructure with

roads, electricity,

nearby cities.

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Vuelcos del Destino – GGB Project

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• 20 kilometers from Goldcorp’s

Los Filos Mine Project

• Geology is identical to that of

the Los Filos and Bermejal

deposits

• Extensive target areas

identified by mapping,

geochemical sampling, and

airborne geophysics

• Mapping and detailed

sampling are currently

underway for the purposes of

drill target identification.

• Drill permitting underway for

7,500m drill program

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Los Filos mineralized intrusion sample displayed

next to in-situ Vuelcos intrusion

Vuelcos del Destino – GGB Project

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Vuelcos del Destino – GGB Project

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Coincident stream sediment geochemistry and VTEM

aeromagnetic anomalies are consistent with Guerrero Gold Belt

style mineralization

1 km

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District

Scale Gold

Skarn

Drill Defined

Target

Mineral

Grade &

Size

Exploration

Mineral Discoveries

Aurena - Gold

7,693 hectares

Mineralized trend: 3.5km by 1km

2 drill defined Gold Zones

First Zone: 1.8 km long Gold zone at

depth and open along strike

Second Zone: Near surface and open

in three directions

Prograde gold skarn mineralization,

typical deposits grade 6-8 g/t Au and

total between 2-10 M oz Au

19 holes drilled; 7,000m drill program

completed

Project Adelita - Copper

12,350 hectares

Copper porphyry measuring 3km by 1km

2012 drill assays: 105.2 metres of 1.03%

Copper: including 41.9 m of 2.21%

Copper; 0.93 g/t Gold and 77.5 g/t

Silver & 201.4 metres of 0.52%

Copper.

Recent newly discovered mineralized

skarn across 75m

2,500m drill program completed

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Aurena - Gold in Soils

Phase One

7,000m drilling

Phase Two

2013

Current

Exploration

Drilling

Gold mineralization remains open to the west,

northwest, north, and at depth.

2nd phase drilling program will focus on delineating the

extent of mineralization

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Hole From (m) To (m) Interval

(m) Au (g/t)

AURC-11-001 160.50 181.00 20.50 1.45

including 165.00 173.50 8.50 2.75

AURC-11-002 39.50 47.16 7.66 1.14

including 44.33 47.16 2.83 2.22

AURC-11-005 0.00 29.05 29.05 1.99

including 8.45 27.60 19.15 2.60

AURC-11-006 4.50 48.00 43.50 1.01

including 4.50 13.50 9.00 1.24

and 28.50 48.00 19.50 1.64

AURC-11-007 34.50 40.50 6.00 0.84

and 125.20 149.00 23.80 0.99

including 134.00 147.50 15.00 1.33

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Adelita - Copper Porphyry/Skarn

• Discovery holes (not true width):

– 105.2 metres of 1.03% Copper

– 41.9 metres of 2.21% Copper

• Strong Copper-Gold-Silver mineralization

from surface to 300m depth at Cerro

Grande

• Mezquital target, 2km west of Cerro

Grande is large porphryry system across

15 km

• 8km west of Pan American Silver’s

Alamo Dorado mine

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Project Pipeline

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• Under option to Lowell Copper

(JDL:TSX.V) to acquire up to 70% interest

with exploration expenditures of $6M

within 3 years including a prefeasibility

study. Lowell is founded by J. David

Lowell who has discovered 15 large scale

mine discoveries including the Toromocho

and La Escondida copper deposits

• VMS Expert Dr. James Franklin noted that

based on his visual inspection, “Santa

Marta appears to be a major massive

sulfide deposit…It has all of the classic

features of highly productive deposits…”

Quartz-grain and clay-rich rock (white) on northwest side of

pit, with iron-oxide crust cap, interpreted as leached sulfide-

rich rock (massive sulfide). Could be an exhalative

silica cap on a VMS system. Iron-oxide crust

extends 700m to north on ridge top.

Santa Marta Copper-Gold

New VMS District Discovery in

underexplored southern

Oaxaca

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Santa Marta – Copper Gold VMS District

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Santa Marta Mine and dumps in middle, looking south-south

east. Ridge in foreground is covered by laterite-like iron-

oxide crust which commonly runs more than 0.1% Cu.

• Mine active in late 1960s, produced

50k-70k tons of oxide copper ore;

mine sampling averaged 1.7%

copper over 33 meters, with up to 2.0

g/t gold and 37 g/t silver.

• Geological setting similar to San

Nicolas and is a Noranda-like

sequence

• Recent sampling returned 1.1% Cu

over 25m in oxidized rock. Surface

sampling yielded up to 1.96 g/t Gold

and 11.54% Copper

• A mine-era sample of hand-sorted

mineralization reportedly contained

8.1% copper, 5.0 g/t Au, and 645 g/t

Ag.

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Santa Marta – Copper Gold VMS District

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• Two Drill Targets:

• Stringer Zone- exposed both

laterally and vertically for

several hundred metres

along strike, mined

historically

• Massive Oxide-Silica zone –

overlies string zone, traced

for over 700m with average

thickness between 75-100m

• 2500m Drill Program planned:

• 13 Diamond Drill holes

totalling 2,500m

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Upcoming News Catalysts

• Vuelcos del Destino gold project

– 7,500m drilling program announcement once drill permits are complete

– Located 19km from Goldcorp’s Los Filos Mine

• Adelita copper-gold project & Aurena gold project

– Further surface work is planned at both projects

– Adelita is located 2 kilometres west of Pan American Silver Corp.’s (TSX:

PAA) open pit Alamo Dorado silver mine and so far, results suggest the

Mezquital target is underlain by a large copper-molybdenum porphyry

system, in excess of fifteen square kilometres (see news release dated

May 31, 2012)

– Aurena is located in Oaxaca with an identified 1.8km gold zone open at

depth and along strike

• Santa Marta Project

– Permitting is complete, with ongoing surface work for planned drill

program in Spring 2014

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Contact Us Investor Relations Manager

Sunny Pannu

Tel: 778 330 0994

Email: [email protected]

Website: www.minaurum.com

Visit our YouTube Channel