Mercer Gold Presentation March 2011

  • 1,947 views
Uploaded on

Mercer Gold Corp. updates its corporate developments towards exploration for gold in the Marmato mining dsitrict in Colombia (symbol MRGP-OTCQB)

Mercer Gold Corp. updates its corporate developments towards exploration for gold in the Marmato mining dsitrict in Colombia (symbol MRGP-OTCQB)

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
1,947
On Slideshare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
27
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. MARCH 2011
    Exploring for Gold, Silver and Copperin Colombia
    MERCER GOLD CORPORATIONTSXV: Pending | OTCQB: MRGP | FSE: AN4
    www.mercergoldcorp.com
    The information contained herein may contain forward looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonably accurate by Mercer Gold Corporation (MGC) at the time of preparation, may prove to be incorrect. The actual results achieved may vary from the information contained herein and the variations may be material. Consequently, there is no representation or warranty made by MGC or any of its officers, directors, affiliates or assigns that actual results achieved during the forecasted period will be the same in whole or part. Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell.
  • 2. Why Colombia? Land of new discoveries.
    President Juan Manuel Santos continues progressive policy to increase national security and political stability, which has led to record levels of Foreign Direct Investment (FDI);
    Santos was the former Minister of National Defence for previous President Uribe;
    2009 FDI was approximately $7 billion – Mining FDI was $2.9 billion (41%);
    Over 30 Canadian public companies working in Colombia with more than $500 million invested in 2010;
    Have inferred over 21 million ounces in total;
    Select News:
    March 2, 2011: Ventana accepts the $1.43-billion takeover bid from Brazilian billionaire Eike Batista;
    October 14, 2010: Bateroannounces closing of CDN$15,750,000 private placement financing;
    December 15, 2010: Sunward announces up to $51.3 million financing anchored by strategic investor;
    September 16, 2010:Continental Gold announces closing of $68,400,000 private placement financing;
    August 23, 2010: Gran Colombia completes $275,000,0000 private placement;
    December 31, 2010:Seafield closes $15-million private placement
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    2
  • 3. Why Mercer? Proximity to major discovery.
    Why Invest in Mercer Gold?
    Adjacent to and on strike from a 9.8 million ounce discovery that is expanding;
    43-101 technical report states we have the same host rocks, structural trends, styles of mineralization and types of alteration;
    • Executing 25,000 meter drill program in 2011 with partial results received to date;
    • 4. We are in process of a TSX Venture listing with a proposed concurrent financing;
    • 5. Strong share price performance by Colombian gold companies.
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    3
  • 6. Comparable Valuation Table, Colombia
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    4
  • 7. Mercer Gold Corp. Profile (OTCQB:MRGP; FSE: AN4)
    Mercer Gold Corp. is drilling to define resources at its Guayabales Gold Project
    43-101 by Dean Turner, CPG, Feb. 8, 2011
    Highlights:
    "The similarities between Guayabales and Marmato are confirmed and include a number of key elements, including the same: host rocks, structural trends, styles of mineralization, and types of alteration.“
    "MGC has identified a bulk-tonnage, precious metals porphyry gold target. In addition, there remains significant exploration potential for higher grade gold-silver Encanto Zone mineralization...“
    "...The exploration target area at Guayabales not only includes the broad lateral projection of the Marmato-Echandia trends onto the property, but as well, a potentially significant projection to depth.“
    Download February 8, 2011 43101:
    http://www.mercergoldcorp.com/index.php?option=com_content&view=article&id=80&Itemid=108&lang=en
    Share Structure [as at 12.29.2010]
    Issued & Outstanding: 68,637,500
    Restricted: 25,600,000
    Free trading: 43,037,500
    Options outstanding: 6,050,000 @ $0.50
    Generates: $3,025,000
    Warrants: 2,200,000 @ $1.00
    Generates: $2,200,000
    Fully Diluted:77,187,500
    TSXV LISTING & PROPOSED FINANCING
    Proposed $7,875,000 brokered, private-placement financing consisting of a $0.30 common share with a eighteen month half warrant at $0.50 to raise up to 26,250,000 or $7,875,000;
    Use: $5,750,000 exploration; $960,000 G&A; $300,000 property payments; $392,500 unallocated;
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    5
  • 8. Guayabales Au, Ag, Cu project
    Historically under-explored project in the Middle Cauca gold belt covering 247 Ha;
    16 artisinal mines operated by a legalized co-operative of 15 families;
    Briefly explored in 2006 & 2008:
    Colombia Gold: 43101 excerpt (page 46, section 12.2.1), “Their work deliniated significant gold mineralization…”
    Colombian Mines: 43101 excerpt (page 50, section 12.2.2), “…Guayabales mines identify a distinctive northwest-southeast striking, high-grade gold zone.”
    Excellent infrastructure including roads, electricity, water and surface permits in place;
    4 distinct geological-geochemical anomalies defined for follow up;
    Initial work identifies Marmato-style mineralization;
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    6
  • 9. Marmato Area Map, Geochem Au Overlay & Drill Program
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    7
  • 10. Supplement: Current Drilling
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    8
  • 11. Management
    Ed Flood, Advisor
    Mr. Flood has over 35 years of experience in international mining and was previously the Deputy Chairman of Ivanhoe Mines Ltd. and its founding President.  Prior to joining Ivanhoe, Mr. Flood was a principal at Robertson Stephens & Co., an investment bank in San Francisco where he was a member of the investment team for the Contrarian Fund, a public mutual fund focused on natural resource development projects around the world. He has held the position of senior mining analyst with a prominent Canadian securities firm and holds both a bachelor’s and master’s degree in Geology. He currently serves as Chairman of Western Uranium Corp. and Western Lithium Corp., which are both publicly traded companies listed on the Toronto Stock Exchange. He was Managing Director, Investment Banking, Haywood Securities (UK) Ltd. from March 2007 to February 2010.
    Dev Randhawa, Chairman
    Since 2007, Mr. Randhawa has remained the Chairman and CEO of Fission Energy Corp. which has focused on the uranium exploration in Saskatchewan.  Mr. Randhawa founded Strathmore Minerals Corp. in 1996 and remained CEO until September 2008. Fission Energy Corp. was spun out of Strathmore Minerals Corp. in 2007.  In 2006, Mr. Randhawa founded and was Chairman and CEO of Pacific Asia China Energy Inc., which was sold to Green Dragon Gas wholly owned subsidiary, Greka China Ltd. for $35.18 million in 2008.
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    9
  • 12. Management
    Rahim Jivraj, President & Director
    Prior to founding Mercer Gold Corporation in 2010, Rahim Jivraj, age 33, was a venture capitalist and entrepreneur. Jivraj was the founding CEO and Director of Spring & Mercer Capital Corporation; a Toronto Stock Exchange Venture listed Capital Pool Company ® whose primary objective was to seek business opportunities for public equity financing. From 2007 to 2008, he served as President and Director of Mainland Resources, an oil and gas company, and now serves on the company’s Board of Directors. He has also served on the board of Afrasia Mineral Fields and Hastings Resources, both listed on the TSX Venture Exchange.
    James Stonehouse, VP Exploration & Director
    James M. Stonehouse is an experienced mining and resource manager with a long history of field experience in South America which began in 1976.  He has been directly responsible for management and strategic development of over 20 mines, many with significant ore bodies and sophisticated mining techniques.  Most recently, he was project manager and in charge of all supervision developing the feasibility of a 16,000-tpd heap leach SX-EW copper project, including supervision of metallurgical testing, process design, acquisition, and permitting. He has played a prominent role in the management of numerous mining companies over the years in his positions as Executive Vice President, VP of Operations, VP of Exploration, General Manager, Mine Manager and lead independent consultant. James Stonehouseholds a Masters degree in Geology from Dartmouth College.
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    10
  • 13. Management
    Bill Thomas, CFO & Director
    William D. (Bill) Thomas has a lengthy career in finance and accounting for the natural resource sector spanning more than 30 years.  Most prominently, he has held various management positions with Kerr McGee Corporation’s China operations in Beijing, China, ending in 2004 with his final position as Director of Business Services. Recently, Mr. Thomas resigned from NWT Uranium Corp and as CFO for Hana Mining and has been appointed the CFO for both Mainland Resources and Mira Resources Corp. Mr. Thomas attained his Chartered Accountant (CA) designation from the Canadian Institute of Chartered Accountants in 1977. He holds an Honours Bachelor of Commerce and Finance degree from the University of Toronto, Ontario, Canada.
    Lorne Gertner, Director
    Lorne M. Gertner is the Chairman and CEO of Hill & Gertner Capital Corporation, an investment merchant bank and limited market dealer, which has been involved in over $1 billion of transactions; most notably Eaton’s, Dylex and Hip Interactive. He is also currently the CEO of New Urban Developers, an urban development company focused on development opportunities in Toronto, Canada.  Mr. Gertner is a graduate of the University of Toronto with a degree in Architecture. As an Institute-certified Director from the Rotman School of Management, he has served as a board member in various public companies, including Bayview Public Ventures (TSX:BPV.P), Spring & Mercer Capital Corporation (TSX.V:SPN.H), Lonsdale Public Ventures (TSXV:LON.P) and Cynapsus Therapeutics Inc. (TSXV:CTH). 
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    11
  • 14. Supplement: Historical Drilling
    Gold equivalent values were calculated using metal prices of $600/oz for gold, $9.75 for silver, $2.25/lb for copper, $0.45/lb for lead. $0.45/lb for zinc and $24.75/lb for molybdenum. No attempt has been made to factor recoverable values at this early stage. The “Gold Equivalent” values stated are for comparative purposes only and are not intended to imply recoverable economic values
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    12
  • 15. Supplement: Historical Drilling
    * Drilled using man-portable core rig to test near-surface mineralization
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    13
  • 16. Medoro Resources Ltd. Profile (TSX:MRS)
    Medoro is actively drilling to expand and upgrade gold resources at Marmato Mountain
    Recent Drilling Results
    Updated Mineral Resource Estimate Confirms Gold Resources of 6.6 Million Ounces Measured and Indicated and 3.2 Million Ounces Inferred at Marmato
    Medoro Intersects 120.50 Metres of 1.043 g/t Au and 57.90 Metres of 2.221 g/t Au at Its Marmato Project in Colombia
    Executive Management Team
    Mr. Robert James Metcalfe
    Non-Executive Independent Chairman of the Board & Director
    Counsel to Metcalfe, Blainey & Burns LLP since January 2001; senior partner with the law firm Lang Michener LLP for 20 years and President & Chief Executive Officer of Armadale Properties for 7 years
    Currently serves as director on a number of boards including Alange Energy Corp., Air IQ Inc., NXA Inc., ION Inc. of England and Envirotower Inc.
    Mr. SerafinoIacono
    Interim President , CEO & Director
    Over 20 years experience in capital markets and public companies; raising more than two billion dollars for numerous natural resource projects internationally
    Co-founded Medoro and is currently the Executive Co-Chairman and director of both Gran Colombia Gold Corp. and Pacific Rubiales Energy Ltd.
    Also co-founder of Bolivar Gold Corp. and involved in numerous resource and business ventures in Colombia
    Mr. Carlos Pinglo
    Current CFO and former Vice President of Medoro Resources
    Over 20 years experience in corporate finance, strategic planning, financial reporting and mergers and acquisitions in both Latin America and Canada.
    Previously served as Finance Manager at Maple Leaf Foods Inc. and was Corporate Controller at Silver Eagle Mines Inc. and Excellon Resources Inc.
    Marmato 0.3 gram per tonne cut-off Mineral Resource
    The above estimate is based on over 127,500 metres of diamond drilling and cross-cut samples. In addition to 379 historical drill holes, the updated estimate reflects results from 105 drill holes of a definition drilling program planned for 2010/11. A further 60 drill holes have been completed since the cut-off date for this estimate and another 237 drill holes are planned for 2011, the majority of which will be underground drill holes aimed at upgrading inferred mineral resources to the measured and indicated categories.
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    14
  • 17. Guayabales & Marmato Comparison
    CONFIDENTIAL | CORPORATE PRESENTATION | MARCH 2011
    15
  • 18. Symbol:
    MRGP–OTCQB; AN4 – FSE
    Mercer Gold CorporationPresident, Rahim Jivraj
    T: +1.877.981.3130 | T: +1.604.681.3130 1620 – 200 Burrard Street, Vancouver, BC V6C3L6E: info@mercergoldcorp.com