Minaurum Gold Investor Presentation

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Corporate Presentation Fall 2012 1

Transcript of Minaurum Gold Investor Presentation

  • 1. Corporate PresentationFall 20121

2. Forward Looking StatementsSome of the statements contained in this presentation are forward-looking statements. Forward-lookingstatements are not historical facts and are subject to a number of risks and uncertainties beyond theCompanys control, including, but not exclusively, statements regarding potential mineralization,exploration results, completion of work program and studies, and future plans and objectives of theCompany. Resource exploration, development and operations are highly speculative, characterized bya number of significant risks, which even a combination of careful evaluation, experience andknowledge may not eliminate, including, among other things, unprofitable efforts resulting not only fromthe failure to discover mineral resources but from finding mineral deposits which, though present, areinsufficient 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 inNational Instrument 43-101 for this disclosure and supervised the preparation of the technicalinformation in this release.Guerrero Gold Belt Global Resources taken from Goldcorp December 31, 2011 (Global Resource) andTorex Gold Website, October 10, 2012.2 3. Strong Foundation for GrowthProven 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 managementFirst Mover Advantage First explorer into the Southern Guerrero Gold Belt (GGB) Large land position in the 19M oz GGB (Goldcorp, Torex, Newstrike, Cayden)Healthy Balance Sheet $1.7M working capital with no debt, and tight share structure Exploration expenditures constitute 80% of total expenses, only 11% is overhead3 4. Proven Mine FindersWhat?Who?Role at MinaurumBHP Billiton Discovered by Gerald Rayner Senior Consulting Geologist2.9MT copper, 7 million oz Gold OKTedi MineExcellon Resources Discovered by Dr. Peter Megaw Director, Consulting Geologist,Platosa Silver MineProperty VendorGoldcorp Discovered by David M Jones Director, Senior Geologist, Property8 million oz Los Filos Gold DepositVendorKinrossDavid M Jones, Part of Team Director, Senior Geologist, Property2 million oz Buckhorn Gold Deposit credited with discovery VendorMAG Silver Discovered by Dr. Peter Megaw Director, Consulting Geologist,200 million oz Silver Juanicipio Deposit Property VendorUnderworld Resources Co-founded by Michael WilliamsChairman$142 million takeover by KinrossWest Timmins MiningDr. Peter Megaw was propertyDirector, Consulting Geologist,$424 million merger with Lake ShorevendorProperty VendorGold4 5. Accomplished Management TeamDarrell Rader, BBA, President, CEO & DirectorBoard of Directors:Mining and exploration financer and operator. Served asMichael Williams, Chairmanmanager of Corporate Development for Energold Drilling and David M. Jones, M.S.IMPACT Silver Corp. (2003-2010) during which EnergoldPeter Megaw, Ph.D.expanded from 2 drill rigs to over 80 and had 22 consecutiveprofitable quarters. IMPACT Silver moved from early stageRichard Brissenden, CA.explorer into a profitable silver producer in Mexico.Lawrence Talbot , LLB Stephan Zimmermann, Ph.D.Stephen Maynard, M.S., Vice President ExplorationExploration geologist for over 30 years and worked withgeological teams that discovered the 1.5-million-ounce goldEfemcukuru deposit in Turkey and Metallica Resources 3-million-ounce gold Cerro de San Pedro deposit in Mexico.Cale Moodie, CA, Chief Financial OfficerPreviously served as the CFO of both Underworld Resourcesprior to its acquisition by Kinross Gold and Sierra Geothermalprior to its acquisition by Ram Power.5 6. Tight Share StructureRetail30% Institutions Management 50%20%Symbol MGG:TSX.VShares Issued 48,062,146Options3,375,000WarrantsNoneFully Diluted 51,437,14652 Week: Hi/Low C$0.65 / C$0.11Current Price: $0.24Market Cap $11MWorking Capital$1.0M6 7. Project Portfolio 7 Drill Ready Projects7 8. What is the Guerrero Gold Belt? The Guerrero Gold Belt (GGB) is becoming a world class district forgold mineral exploration with over 19 million ounces discovered inthe 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 andhigher probability of discovery8 9. First Mover into GGB South 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 19 million ounces.Mining Companies Operating in the Guerrero Gold BeltCompany Primary Hectares Reserve (Au) Resource (Au) Market CapProjectGoldcorp Inc. No9000 7.75M oz 5.83M ozn/aTorex GoldYes 29,0005.4M oz $770MNewstrike Capital Yes 88,000$260MEsperanza Resources Yes 15,0001.64M oz$120MCayden ResourcesYes 17,00080,000 oz $60MMinaurum Gold Yes 18,200$7MCitation ResourcesYes 38,000$3M9 10. Major Mines & Deposits in GGB MGG Projects: Vuelcos del Destino Jackie El Porfido Projects cover Intrusive complexes similar to current GGB Deposits Belt has very good infrastructure with roads, electricity, nearby cities.10 11. Vuelcos del Destino GGB Project 20 kilometers from Goldcorps 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 for 7,500m program in fall 201211 12. Vuelcos del Destino GGB ProjectLos Filos mineralized intrusion sample displayed12next to in-situ Vuelcos intrusion 13. Vuelcos del Destino GGB Project Coincident stream sediment geochemistry and VTEM aeromagnetic anomalies are consistent with Guerrero Gold Belt style mineralization13 14. Mineral Discoveries ProjectAurena - GoldAdelita - Copper District 7,693 hectares 12,350 hectaresScale GoldMineralized trend: 3.5km by 1kmOptioned to Ocean Park Ventures (OCP)SkarnDrill Defined 2 drill defined Gold Zones Copper porphyry measuring 3km by 1km Target First Zone: 1.8 km long Gold zone at 2012 drill assays: 105.2 metres of 1.03%depth and open along strikeCopper: including 41.9 m of 2.21%Second Zone: Near surface and open Copper; 0.93 g/t Gold and 77.5 g/tin three directionsSilver & 201.4 metres of 0.52% Copper.Mineral Prograde gold skarn mineralization,Recent newly discovered mineralizedGrade & typical deposits grade 6-8 g/t Au andskarn across 75m Size total between 2-10 M oz AuExploration 19 holes drilled; 7,000m drill program 2,500m drill program recently completed,Plans completedassays pending14 15. Aurena - Gold in Soils Phase One Current 7,000m drilling Exploration DrillingPhase Two2013 Gold mineralization remains open to the west, northwest, north, and at depth. 2nd phase drilling program will focus on delineating the extent of mineralizationHole From (m) To (m) Interval (m) Au (g/t) AURC-11-001160.50181.00 20.50 1.45including165.00 173.508.502.75 AURC-11-00239.50 47.16 7.66 1.14including 44.3347.162.832.22 AURC-11-0050.0029.05 29.051.99including8.4527.60 19.152.60 AURC-11-0064.5048.00 43.501.01including4.5013.509.001.24 and28.5048.00 19.501.64 AURC-11-00734.50 40.50 6.00 0.84 and 125.20 149.00 23.80 0.9915including 134.00 147.5015.001.33 16. Adelita - Copper Porphyry/Skarn Optioned to Ocean Park Ventures OCP Discovery holes: 105.2 metres of 1.03% Copper 201 metres of 0.52% Copper Strong Copper-Gold-Silver minerlization 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 Silvers Alamo Dorado mine16 17. Project Pipeline Capilla Un-mined veins in historical 200M oz Ag DistrictSilver Mined veins averaged 1-5m wide grading 1000g/t Ag Phase One - 1,400m drill program completed March 2012 returned 0.5m of 1,375 g/t Ag, 1.1% Cu, 3.6% Lead and 9.6% Zinc as well as 0.55m of 50g/t Ag, 4.67% Lead and 6.10% Zinc Santa Marta 600m strike length of exposed massive gossan Copper-Gold Surface sampling yielded up to 1.96 g/t Gold and 11.54% Copper Recent sampling returned 1.1% Cu over 25m in oxidized rock Phase One drill permitting underway17 18. Upcoming News Catalysts Vuelcos del Destino gold project First to drill GGB South, located 19km from Goldcorps Los Filos Mine 7,500m drilling program announcement once drill permits are complete Adelita copper-gold project Further drilling assays are pending from the Mezquital porphyry target.So far, results suggest the Mezquital target is underlain by a largecopper-molybdenum porphyry system, in excess of fifteen squarekilometres (see news release dated May 31, 2012. Located 2 kilometres west of Pan American Silver Corp.s (TSX: PAA)open pit Alamo Dorado silver mine El Porfido & Jackie Projects Exploration update on Jackie & El Porfido18 19. Contact UsInvestor Relations Manager Sunny Pannu Tel: 778 330 0994Email: [email protected] Website: www.minaurum.com View our YouTube Channel Click Here19