Mmv pr nov2010
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Mmv pr nov2010 Presentation Transcript

  • 1. 1 November 15th, 2010
  • 2. 2 This presentation may contain certain information that constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices and other factors described above and in the Company’s public filings which can be found at www.sedar.com. The Company disclaims any obligation to update or revise any forward-looking statements if circumstances or management’s estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements. Most information with respect to resources and assays are historical in nature and the Company makes no representation as to its accuracy.
  • 3. 3  Mineral Mountain is a publicly traded mining company located in Vancouver, British Columbia. (MMV-TSX.V )  Mineral Mountain is an advanced explorer with focus on the development of gold projects with “camp scale” potential, within cost effective, politically friendly and mining friendly regions of Canada  Our business model is based on having an exceptionally strong management team with expertise in exploration, finance, business management, and the ability to form strategic partnerships .  Our management team has led us to an initial solid financial position with a healthy treasury allowing us to grow the Company through exploration and project acquisitions.  Several solid gold projects located in some of the most prospective regions of Canada
  • 4. 4 Nelson W. Baker, P.Eng President and CEO  Former President and CEO of Rainy River Wally Rayner, BSc, P Geo Resources Ltd. (+5 Million Oz gold) VP Exploration and Director  Over 40 years of continuous exploration  Former Project Manager for the Rainy River experience Project (+5 Million Oz gold)  Over 40 years of continuous exploration Marshall Bertram experience Vice President & Director  Former president of the NW Ontario  Over 40 years of experience with mining Prospectors Association production and exploration with a number of companies. Bradley Baker  Director of RPT Resources Ltd. (RPT-TSV.V) VP of Corporate Development & Director  Over 20 years of exploration and mining industry John Morita experience CFO & Director  Former Investor Relations manager for Rainy  Professional accountant and director of several River Resources, and a financial advisor junior resource companies Mark Kilby Rik James Bond Director  30 years of exploration experience Director  Project generator and exploration manager for the Kootenay Arc project
  • 5. 5 Ron Rieder Ken Tangen, BSc Investor Relations VP Finance  Involved in all aspects of the finance Investment industry professional with over 30 industry for the past 25 years years experience. Initially as an investment adviser with Nesbitt Thomson and  A Senior Investment advisor for Canaccord subsequently several years as a partner with Wealth Management for the last 6 year Dean Witter Reynolds involved in corporate finance and investment banking activities. CJ Baker BSc, MSc Regional Exploration Manager Kin Communications  over 30 years of experience as an Investor Relations exploration geologist in a wide variety of geological environments globally. Kin Communications is a Vancouver-based  His career included project generation, full-service investor relations firm specializing in resource companies. Kin's current roster of management, evaluation for major clients has a combined market capitalization of Australian and Canadian mining companies, over $2-billion. including Western Mining Corp., Hunter Dickinson Inc., Pangea Goldfields, Goldcorp Inc. and Rainy River Resources Ltd. Management has assembled a high impact inventory of advanced gold projects with “camp scale” potential
  • 6. 6 As at September 17, 2010 Issued & Outstanding 36,601,667 Warrants 7,773,750 Options 2,800,000 Fully Diluted 47,175,417 Cash ~$ 4 Million Market Capitalization $16 million Management Ownership 42%
  • 7. 7 Shining Tree Gold Project Ontario, Canada Ontario
  • 8. 8 Kirkland Lake Gold Inc. 3.1 M oz Au Lake Shore Gold Corp. 1.28 M oz Au Osisko Mining Corp. 8.4 M oz Au Northgate Minerals Corp. 2.8 M oz Au Queenston Mining Inc. 2.6 M oz Au Mineral Mountain, Shining Tree Historically produced New resources 150 M oz
  • 9. 9 Mineral Mountain 70% Golden Harp 30% Mineral Mountain 60% Golden Harp 40%
  • 10. 10  MMV holds majority interest in 145 square km of highly prospective ground ◦ 60% interest in “Main Block” ◦ 70% interest in “block A”  Located approximately 100 kilometres south of Timmins, Ont., within the southern Abitibi greenstone belt  Represents the western extension the Cadillac-Larder Lake break  The Shining Tree region has received limited exploration due to a 30 year government imposed “freeze” on staking and exploration  Several recent high grade gold discoveries have confirmed the Shining Tree area’s outstanding “camp” scale potential for gold and base metal deposits
  • 11. 11  Temex Resources – Juby Gold Deposit (>1.2 M Oz Au and growing)  Creso – Minto Deposit (recent discovery of wide high grade gold intervals including 18.7 g/t Au over 67m and 13.3 g/t Au over 82.5m)  Goldeye – Hydro Creek Zone (high grade gold zone, 5.79 g/t Au over 16m)  Mineral Mountain ◦ Cook Zone - 11.9 g/t Au over 5.5m ◦ Golden Sylvia – 3.56 g/t Au over 12.24m ◦ MC Zone – 4.5 g/t Au over 7m ◦ Copper Hill Zone – gold and copper over potential 5km strike length
  • 12. Cook MC Zone Zone Copper Hill Zone
  • 13. 13 ◦ Gold mineralization in the Cook Zone is associated with a swarm of felsic porphyry dikes intruded in brecciated calc-alkalic volcanic rocks, a similar geological setting to Creso’s Minto Deposit 6 km due east. ◦ Cook Zone occurs proximal to the Tyrrell Shear Zone, a regional break similar to the Destor-Porcupine and Cadillac Breaks. Recent shallow drilling by Benton recorded the following impressive high grade gold intervals:  GH09-01: 5.03 gpt Au over 8.5m  GH09-06: 21.41 gpt Au over 3.0m  GH09-02: 11.9 gpt Au over 5.5m ◦ The Cook Zone has above average potential to define an economic gold resource. Definition drill program is planned to test this new discovery along strike and to depth.
  • 14. 14 ◦ Represents a new, partially defined gold zone discovered by Golden Harp in 2008 and confirmed more recently by Benton Resources. ◦ This zone is associated with the western extension of the Tyrrell Shear Zone, which hosts the Juby Deposit (Temex Resources Corp. TME.TSX- V) and the Big Dome zone (Goldeye Exploration Inc. GGY.TSX-V). ◦ The MC Zone is over 300 meters wide with above average near-surface bulk tonnage gold potential ◦ higher grade mineralization intersected at depth. ◦ GH-025: 0.90 gpt Au over 43.75m; including 1.96 gpt Au over 10m  GH-019: 4.50 gpt Au over 7m  GH-018: 0.43 gpt Au over 61.80m ◦ The MC Zone has only been drill tested near surface and is open in all directions and requires definition drilling to evaluate its gold potential
  • 15. 15  A gold-rich, banded iron formation with potential strike of 20 km parallels the 4km long Golden Sylvia iron formation  Golden Sylvia zone ◦ 4km long strike ◦ Core drilled and RC drilled over 450m x 200m to a depth of 100m  Drill Highlights Include; 3.56 g/t Au over 12.24 metres and 2.57 g/t over 14.23 metres  Deposit open in all directions. Extensive drill program planned to delineate a compliant NI*43-101 resource  Historical IP and Mag surveys defined numerous high priority gold targets that require follow up and drill testing.
  • 16. 16  VMS potential within Copper Hill Rhyolite unit, similar environment to Sel Baie, Quebec.  Located approximately 200 metres south of the iron formation.  Extensive altered zone with known strike extent in excess of 5 km.  IP/Mag surveys completed to evaluate known copper zone and extension along strike.  Fall 2008 prospecting outlined quartz calcite veining sporadically exposed over a strike length of 150 metres. Vein contained localized but significant chalcopyrite, malachite and bornite mineralization as well as gold: ◦ AL-15: 0.159 g/t gold & 0.998% copper ◦ AL-16: 1.26 g/t gold & 9.26% copper ◦ AL-21: 0.015 g/t gold & 0.634% copper
  • 17. 17  Well located ◦ Along one of the most prolific gold trends in Canada ◦ Mining friendly region of Canada ◦ Great infrastructure, including power, road access, and year round exploration ◦ Low cost exploration  Dominant Ground Position ◦ Mineral Mountain holds one of the largest ground position in the highly prospective Shining Tree area. The property covers in excess of 145 square kilometres  Prospective Geology ◦ The extension of the Cadillac-Larder break has already shown the ability to host large low grade gold deposits as well as tremendously high grade gold discoveries. These discoveries lie along one of Canada’s most prolific gold bearing regions  High Success with Recent Discoveries ◦ Within the Shining Tree area, there have been several SIGNIFICANT discoveries including Mineral Mountain’s Golden Silvia Zone, Creso Exploration’s Minto Deposit, and Temex Resources’ Juby Gold Deposit.
  • 18. 18 Straw Lake Mine Project Ontario, Canada Ontario
  • 19. 19
  • 20. 20  Mineral Mountain has the right to acquire up to a 75% interest in the Straw Lake mine from Shotgun Exploration.  Located 50km North of Forth Francis  Visited by our team a number of times and have concluded that this gold project bears many similarities to the Hemlo deposits  The mine produced off 33,000 tons of ore at an average grade 0.343 Oz/t  In production from 1938-1941. Production ended due to the onset of World War II and a shortage of power.  Year round exploration potential  Road access, and infrastructure nearby
  • 21. 21
  • 22. 22  Geologically the property straddles the intersection of three major regional breaks an ideal setting for a large gold deposit.  Mineral Mountain constructed a thorough database. The database demonstrates significant gold mineralization associated with sericite schist (Hemlo-style)  Drill holes of +2oz/t over 3 metres have never been followed up
  • 23. 23 The Kootenay Arc Project British Columbia, Canada British Columbia
  • 24. 24 Underworld Discovery 80,000 Ha Property covering Carlin-style mineralization and Kootenay several kilometre scale high Arc Project grade Au/Ag zones Carlin-Type Gold Deposits
  • 25. 25  Helicopter access from the Nakusp and Revelstoke (45 km)  Nakusp and Trout Lake are accessible by road  Property is crossed by a network of recent logging roads  Roca’s molybdenite mine at Trout Lake is currently producing at 1000 TPD.
  • 26. 26  The largest contiguous land position in the Kootenay Arc Belt ◦ 149,000 acres covering 5 former high grade silver producers  4 parallel, high grade Ag-Au trends that are up to 10km long  Vastly under-explored ◦ No more than 8 short drill holes within the entire property area  Excellent potential to host Carlin Style gold deposits  Large tonnage potential for Au/Ag identified at Boyd Creek, Pulley Creek, Spine Mountain, Black Warrior and Butte Bonanza
  • 27. 27  First discoveries of high grade silver and placer gold was first reported in 1893.  For the first 20 years following, prospectors focused on the search for high grade silver-galena veins (1m to 10m wide) resulting in the tunnelling of numerous adits, underground drifting along the bonanza grade veins  Limited and sporadic exploration since World War I
  • 28. 28 SAMPLE Pb % Zn % Ag g/t Cu % Au g/t  Gold-arsenic anomaly 1,000 metres long, up to 36.98 grams per tonne gold RMK6024 6.09 4.37 609.6 2.83 5.13 in grab samples, 8 g/t Au in soils;  Impressive gold values ranging from RMK6025 11.18 1.60 1617.9 0.26 2.48 4.0 g/t Au to 13 g/t Au and 100 g/t silver to 200 g/t Ag in soils; RMK6026 5.82 1.32 645.5 0.48 12.00  Excellent potential to host sediment- RMK6027 5.75 4.86 649.4 0.31 6.00 hosted gold deposit. (Left) RMK6027: 5.75% Pb , 4.86% Zn 649.4 g/t Ag , 0.31% Cu, 6 g/t Au
  • 29. 29  Well located ◦ Near Revelstoke and Nakusp. The nearest power line is about 15 km away at the town of Trout Lake. Road accessible through a network of new roads  Dominant Ground Position ◦ Mineral Mountain holds one of the largest ground positions in the highly prospective southern Kootenay Arc terrain. The property is 100% held and subject to NSR’s.  Prospective Geology ◦ Within the Kootenay Arc there is considerable potential to discover a sediment-hosted gold deposit. (Carlin-style) Host rocks are similar to Nevada and the Yukon.  Historical Evidence ◦ The Kootenay Arc project area was considered one of the great mining camps of the world in the 1890’s.  High Success with Recent Discoveries ◦ Mineral Mountain has a successfully track record of identifying prospective mineral trends within previously explored areas.
  • 30. 30  Focused on gold and silver in Canada, a politically stable and mining friendly region rich in mineral resources  An experienced exploration team with a track record of discovery success, resource building and project generation  Exploring highly mineralized belts that demonstrate large scale mineral potential  Strong treasury, with a management team that excels in capital raising and market awareness  Several significant gold projects, each with potential for success  Mineral Mountain continuously researching other opportunities for acquisition
  • 31. Corporate Contact Ron Rieder 201-1416 W. 8th Ave Vancouver, BC V6H 1E1 Tel 604-714-0111 Fax 604- 714- 1119 Email: rrieder@mineralmtn.com Investor Relations Contact kin communications inc. 210-736 Granville St. Vancouver, BC V6Z 1G3 Tel 604-684-6730 Toll Free 866-684-6730 Email: ir@kincommunications.com