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Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
Verde Corporate presentation
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Verde Corporate presentation

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  • 1. A Fresh Approach to Porphyry Exploration in South AmericaCorporate Presentation February 2011 Verde Resources Inc.
  • 2. Forward-Looking Statements and DisclaimersForward-This presentation IS CONFIDENTIAL and contains certain "forward-looking statements",including but not limited to, the statements regarding the Company’s overall objectives andstrategic plans, future commercial production, project targets, timetables, operating costs,capital expenditures, work programs, exploration budgets and targets, mineral reserve andresource estimates and outlook, and safety and sustainability initiatives. Forward-lookingstatements express, as at the date of this presentation, the Company’s plans, estimates,forecasts, projections, expectations or beliefs as to future events or results. Forward-lookingstatements involve a number of risks and uncertainties, many of which are beyond theCompany’s control, and there can be no assurance that such statements will prove to beaccurate. Therefore, actual results and future events could differ materially from thoseanticipated in such statements. Risks and uncertainties that could cause results of futureevents to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in themarket price of precious metals, mining industry risks and hazards, uncertainty as toestimation of mineral reserves and resources, requirements of additional financing risk, risksof delays in construction, production or obtaining permits and other risks. The reader iscautioned not to place undue reliance on these forward-looking statements. The Companydoes not undertake to update any forward-looking statement that is contained in thispresentation. Verde Resources Inc. 2
  • 3. Verde Resources PresentationWhy copper - FactoidsStrategy - Existing projects - Projects coming onWho we are - TeamProjects - Peru - Chile - GenerativeFinancials - Share structure - Cash - Burn rate - Pre IPO - IPOUse of funds - Caballerias - Potreros - Escalones Norte - FutureDelivered and Deliverables Verde Resources Inc. 3
  • 4. Why are we doing this?Global Copper Demand- US demand alone = additional 140Mt Cu/a = 35 new producing porphyry copper mines by 2025 (Singer & Menzie: GSA, Oct 2009)- China is building 10 “New York” Cities by 2025Copper Supply- 70% of producing mines > 20 years old- 30% of producing mines > 50 years oldCopper Price- Macquarie estimate 550,000-Mt deficit in 2011 pushing prices to $5/lb (DEC2010)- B of A Merril Lynch mid 2012 copper price forecast (Nov2010): $5.90/lb Verde Resources Inc. 4
  • 5. StrategyFind & Develop Porphyries:“Giant homogeneous money makers”- Stake experienced geologists’ target concepts in Chile & Peru- Use corporate management networks to make acquisitions- Prioritize targets around known world class systems with potential for >500Mt @ > 0.5% Cu- Ground check – consolidate land position / acquire property explore – delineate Verde Resources Inc. 5
  • 6. Experienced and Driven BoardDirectorsJohn Gray, President & CEO & Director (Based in Chile) – Principal role raising $20M as former CEO African Aura Resources (TSX-V:AUR) – Founder: Basti Resources (Spanish gold) & Northern Minerals (Swedish base metals) – 20 years exploration in Americas-Africa-Europe with Homestake/Noranda/RayrockJohn-Mark Staude, Founder & Director – Founder & CEO: Riverside Resources (TSXV-RRI) – 20 years of exploration experience with Magma Copper, BHPB, Teck, RTZ – Principal role in raising $30MDarren Klinck, Founder & Director – Principal role in raising $300M for Au & Cu projects in Mexico and Australasia – VP, Corporate & Investor Relations Oceana Gold Corp (TSX-OGC) Verde Resources Inc. 6
  • 7. Experienced and Driven ManagementExploration and Advisory TeamArtemio Chirre, Chief Geologist (Peru) – 15 years regional & project specific porphyry-skarn-epithermal exploration experience (Tintaya, Las Bambas, Yanacocha & Antamina in Ancash, Tacna, Apurimac, Ica & Cajamarca) – Project experience (Anglogold Ashanti, BHP Billiton, Buenaventura & Hochschild)Ron Luethe, Geologist (Chile) – Based in Chile; expert on Peruvian, Chilean and Argentine copper deposits – 25 years Exploration and Senior Manager (Xstrata, BHPB, Phelps Dodge, Magma Copper)Bill Murray, P. Eng C.Eng, Executive Chairman, Polymet Mining – 35 years experience in project evaluation and development (Anglo American, Denison Mines, Fluor Daniel, Polymet)Paul Troiano, CFA CPA, Investment Banking, Scarsdale Equities LLC – New York based; 7 years experience in corporate finance and asset management in the mining exploration and development sectorRobin Longe (B.Sc UBC, Juris Doctor UofT), Corporate Lawyer, Bull, Housser & Tupper LLP – Five years experience in M & As and corporate governance with a focus on the mining sector Verde Resources Inc. 7
  • 8. Porphyry Copper & Skarn, South PeruCaballerias project- Option to acquire 100% of high grade porphyry + skarn- Deal: US$500,000 plus US$1.5M payment; 2% NSR- Targetting >US$10bn Cu metal- Open in all directions- Skarn grabs @ >10% Cu & 0.44g/t Au- Porphyry grabs up to 0.5% Cu Skarn- Supportive local community- Last mined in ‘80s & drilled in ’90s Porphyry- Good access and infrastructureOther projects in the Yauri-Andahuaylas belt Copper PorphyryLos Chancas 355Mt @ 0.62% Cu, Grupo MexicoAntilla 154 Mt @ 0.47% Cu, PanoroTrapiche 552Mt@0.46% Cu Buenaventura 2.5 KmCaballerias (Early stage) Verde Resources Verde Resources Inc. 8
  • 9. Caballerias Porphyry (looking NW) Target under cover Exposed Copper Porphyry Verde Resources Inc. 9
  • 10. Caballerias Skarn looking SW Drill here Skarn Porphyry Limestone Verde Resources Inc. 10
  • 11. Caballerias Skarn looking NE Drill hereVerde Resources Inc. 11
  • 12. Porphyry Gold, Maricunga, Chile Potrero project - Option to earn 70% through US$6M workplan - On trend with multiple producing mines - Best RC drilled grades from 3 holes: - 126m @ 0.44g/t Au - 4m @ 0.40g/t Au - 12m @ 0.51g/t Au - Best outcrop grab sample: 7g/t Au Work PlanDue Dates Exploration Expenditure Interest EarnedBy 31 March, 2012 $1,000,000 51%Year ending 31 March, 2013 $1,000,000 60%Year ending 31 March, 2014 $2,000,000 65%Year ending 31 March, 2015 $2,000,000 70%Total: $6,000,000 Verde Resources Inc. 12
  • 13. Porphyry Copper, Central Chile Escalones Norte Project - Option to earn 70%: $1M expenditure → 51% + $1.5M expend → 70% - Same district as world class El Teniente Mine - Abundant Cu oxides at surface - Surface grab samples grade 0.29-1.0% Cu 0.12-0.15g/t Au - Drilling at Escalones has proven a resource and Norte is undrilled Verde Resources Inc. 13
  • 14. Porphyry Copper Generative, PeruArtemio Chirre- Chief Geologist (Peru) & Shareholder- 15 years local porphyry and skarn experience- Minimal budget generating high value targets- Prospecting 2 main belts- Projects accessible by drivable tracks- Projects near to Pacific coast Yauri–Andahuaylas Batholith: Skarn & Pophyry Belt Coastal Batholith Porphyry Belt Verde Resources Inc. 14
  • 15. Porphyry Copper Generative, ChileCarolina project Strategic staking- Exposed porphyry copper - Next to El Abra (166,000t/y Cu cathode)- Supergene malachite identified - 40km2 staked- Exceptional option terms - Potential for 100+Mt @ 1+% Cu Verde Resources Inc. 15
  • 16. Delivered and DeliverablesAugust – November 2010• Seed financing rounds completed• Peruvian & Chilean subsidiaries established• Advisory Board elected and invested• CEO moved to Chile• Peruvian Chief Geo signed• IPO lead counsel appointed• Peruvian and Chilean porphyry deals signedDecember 2010 – January 2011• Pre-IPO financing for sophisticated investors• Initiate 43-101 field work on lead projects• Target IPO for Q2 2011 Hire senior Chilean technical staff• Build out corporate team (CFO & Chairman) Peruvian and Chilean porphyry belts Verde Resources Inc. 16
  • 17. A Fresh Approach to Porphyry Exploration in South AmericaContact us: John Gray, President & CEO j.gray@verdecopper.com +56 (9) 9577 5307 (Chile)John-Mark Staude, Director Darren Klinck, Directorjohnmark@verdecopper.com darren@verdecopper.com+1 604 338 7742 (Canada) +61 420 981 119 (Australia) www.verdecopper.com Verde Resources Inc.

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