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Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
Mogul presentation may.25.12
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Mogul presentation may.25.12

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  • 1. Mogul Ventures Corp.Q2, 2012
  • 2. THE FOLLOWING INFORMATION may contain forward–looking statements. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Mogul Venture Corp’s actual results, level of activity, performance or achievements to be materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the historical resource estimates, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic condition or financial markets, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing projects; and labour relation matters *All historical resource estimates quoted herein date from the 1960s and 1970s and are based on prior data and reports obtained and prepared by previous operators and information provided by the State, using a Russian classification system not compatible with 43-101. Insufficient data exists to compare Russian categories to current C.I.M. categories. Mogul Ventures believes these historical results provide an indication of the potential of the property and are relevant to ongoing exploration. It should also be noted that mineral resources which are not mineral reserves do not have demonstrated economic viability as defined by NI 43-101 guidelines.2 www.mogulvc.com
  • 3. COMPANY OVERVIEW • Mogul Ventures Corp. focuses on exploration, development and production of thermal and coking coal in Mongolia • Initial NI 43-101 compliant Inferred Resources of 89.6 million tons of coal established in Ovdog Hudag Thermal Coal Deposit based on 14-drill hole, 2,369 meters drilling program* • The company plans to monetize its coal assets through conventional open-pit mining as well as exploring the application of new technologies for Capital Structure underground coal gasification Shares Outstanding • The company leverages world-class management, 111,391,517 (Aug.31.11) technical expertise and in-depth local knowledge Pre-IPO Financing $7,604,363 @ to acquire, explore and develop coal projects in (Apr. 2011) $0.25/share Mongolia3 www.mogulvc.com *Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011
  • 4. MOGUL VENTURES TEAM STEVEN KHAN, MBA, CFA JOHN CARLESSO Executive Chairman & Director CEO & Director • 20 years experience in all aspects of the • The founder of Cervello Capital Inc., a private investment industry including executive merchant bank based in Toronto; over 16 positions with regional and national full- years of international business experience service Canadian investment brokerage • Chairman of Oremex Silver Inc., an houses exploration and development company • Focused on strategic corporate and business focused on silver assets in Mexico including development as well as resource and venture the 50 million oz open pit Tejamen deposit capital financing during the last seven years • Has extensive experience in the junior mining • Holds Director and Executive Officer roles in sector – held the position of Vice President, a number of public and private resource Corporate Development at Desert Sun companies Mining Corp, a company acquired by Yamana • Successfully completed major corporate Gold Inc. development initiatives both domestically and internationally including in Japan, Korea and China4 www.mogulvc.com
  • 5. MOGUL VENTURES TEAM JAMUL JADAMBA DAVID A.TERRY, Ph.D., P.Geo. President & Director Senior Technical Advisor • Natural resource and mining-focused • Over 20 years of business experience in the investment banker with an extensive capital natural resource sector, focused primarily on raising background, servicing worldwide exploration of precious and base metal deposits companies, especially in Mongolia in North and South America. • Former Director and co-founder of the • Director of and advisor to several publicly-listed Metals & Mining Group at Rodman & mineral exploration companies Renshaw LLC. • Specializes in public company management, • Native Mongolian with well-established strategic planning, finance, advanced project relationships with influential business and evaluation, identification and acquisition of government leaders in Mongolia opportunities, design and implementation of • Extensively writes and speaks on topics of effective and cost-efficient exploration programs Mongolian economy, development and politics • Held positions with a number of senior mining for organizations such as Oxford Analytica, companies including Boliden Limited, Westmin Institutional Investor and Business New Resources Limited, Hemlo Gold Mines Inc., Europe Cominco Limited and Gold Fields Mining Corporation5 www.mogulvc.com
  • 6. MONGOLIA OVERVIEW • Strategic location • Next door to the biggest consumer of commodities in the world – China • Chinese government plans to cap domestic coal output within 3.9Bt by 2016 and is encouraging companies to explore for coal in Mongolia and other regions(1) • China’s thermal coal imports could increase to 1Bt in 2030 from 175Mt in 2011, according to research consultants Wood Mackenzie(2) • 2012 annualized GDP growth ~15%(3) • Mining is the most important sector • “Contributes 30% of GDP and 70% of exports”(4) • Favorable political environment • Mongolian Government focused on the long-term development of resource-related sectors and favorable policies towards business and foreign investments • Stable business-friendly democracy • Homogenous country with minimal risk of ethnic or religious conflict (1) Pope & Company Morning Notes March 23, 2012, Vol.13, Issue 17; pg.3 (2) Pope & Company Morning Notes March 14, 2012, Vol.13, Issue 10; pg.3 (3) http://www.tradingeconomics.com/mongolia/gdp-growth-annual6 (4) the Ministry of Mineral Resources & Energy of Mongolia www.mogulvc.com
  • 7. MONGOLIA: MINING INDUSTRY OVERVIEW Mongolia is poised to become one of the fastest growing economies in the world in the next two decades • Mining industry size: 30% of GDP (1) • Market Cap of publicly traded companies with assets in Mongolia, including non-Mongolian junior mining companies: $30B+(2) • Investment Capacity of Mongolia’s mining industry (5 years): $25 - $30B(3) • 6,000 known mineral occurrences(4) • 80+mineral deposits found recognized as economic by the Mineral Resources Authority of Mongolia(5) • 2011 coal production: 30 Mt(6) (1) the Ministry of Mineral Resources & Energy of Mongolia (2) Bloomberg (3) How much capex the country can absorb given known development projects. Statement made by the former Prime Minister Bayar (4 - 5) The World Bank report on “Mongolian Mining Sector: Managing the Future”7 (6) National Statistics Bureau www.mogulvc.com
  • 8. MONGOLIA COAL OVERVIEW • Viewed as Saudi Arabia of coal • Total Minable resources estimate ~162 billion tons (1) • Rapid growth potential • Current production in excess of 20 million tons per year (mostly exported to China) • Production expected to reach 60 - 70 million tons by 2015(2) Mongolia is recognized as the home of some of the world’s largest natural resource deposits including coal, gold and copper8 (1 - 2) Renaissance Capital, “Moncoalia”, June 15, 2011 www.mogulvc.com
  • 9. MONGOLIA COAL OVERVIEW • High quality and highly accessible: • Generally near surface, ideal for low cost open pit mining, dominated by high- quality low ash, low sulfur and low phosphorous coals • Known geology: • 12 coal basins, 3 regions with over 200 deposits of thermal and metallurgical grade coal • Main coal formation ages: Carboniferous-Permian, Jurassic, Cretaceous and Tertiary • Thick coal seams formed in all ages9 www.mogulvc.com
  • 10. REGIONAL COAL DEMAND • China, Mongolia’s southern neighbor, is the world’s leading consumer of coal with annual demand of 2 billion tons • China’s coal demand is expected to increase - planned power plant construction in China is heavily concentrated in the northeast • Domestic coal demand will increase significantly as Mongolia plans to exponentially increase its own power infrastructure • Coals of Northern China tend to be of a lower calorific value as compared to those from the South and middle Gobi basins of Mongolia. China has a shortage of coking coal • The Chinese Government is focusing on fixed asset investments inland into Central and Western provinces where Australian and Indonesian coals are not competitive10 www.mogulvc.com
  • 11. BLACK HILLS PROJECT LOCATION Planned Railways in Mongolia • Mining License covers area of 34,054.69 hectares • Comprises of the Ovdog Hudag and Ikh Ulaan-Nuur coal deposits • 100 km southwest from Choir railway station • 35 Kwatt power line on the property • Easily accessible all year around11 www.mogulvc.com
  • 12. OVDOG HUDAG COAL DEPOSIT • In 2011, a 14 hole, ~2,370 m core drilling program on 1,000 m centers confirmed the historical work on the deposit, resulting in an initial NI 43-101 Resource Estimate by SRK Consulting • NI 41-101 Report summary results: • Estimated Inferred Resources of 89.6 Mt (1) • 8 coal seams recognized – 4 fully mineable, 2 partially mineable • Classed as High Vol Bituminous A Thermal Coal • Average Gross Calorific value – 5,636 to 6,431 kcal/kg (daf)* • *3,776 to 4,952 kcal/kg on a dry basis; daf = dry ash free basis • Average Volatile Matter – 29.9 to 37.9% • Average Fixed Carbon – 32.3 to 39.5% • Average Ash – 22 to 33% - washing will reduce • Average Sulphur - 4.94%; removal of abundant visible pyrite by washing expected to reduce S levels significantly Drill rig, 2011 • SRK recommended program: infill and expansion drilling program, process test work, mine design and Preliminary Economic Assessment12 (1) Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011 www.mogulvc.com
  • 13. OVDOG HUDAG & IKH ULAAN-NUUR DEPOSITS • Ovdog Hudag coal deposit historical resources, based on Russian drilling from the ‘60s and ‘70s, using a Russian Classification system and based on >85 drill holes: • 1968: C1+C2 resources totalling 201.2 Mt*1 • 1970: B+C1+C2 resources totalling 168.2 Mt*1 • Ikh Ulaan-Nuur coal deposit is located 7km NNE of Ovdog Hudag and was defined by Russian drilling in the ‘60s and ‘70s • 1970: A+B+C1+C2 resources totalling 86.4 Mt*1 • Excellent potential for additional coal resources to be delineated in the undrilled area between Ovdog Hudag and Ikh Ulaan-Nuur • Re-drilling of Ikh Ulaan-Nuur will add to NI 43-101 resources • Open pit accessible coal resources with expected low strip ratio13 *See Page 2 Note 1 Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011 www.mogulvc.com
  • 14. BLACK HILLS: KEY ADVANTAGES • Strategic location close to existing rail line (parallel line planned) providing ready access to Chinese markets • Open pit accessible thermal coal resources with expected low strip ratio • NI 43-101 compliant Inferred Resource of 89.6 Mt from 2,370m of drilling in 14 holes at Ovdog Hudag deposit • Excellent potential to significantly expand the projects’ coal resources through: • Infill and step-out drilling at Ovdog Hudag deposit where substantially larger historical resources were delineated by Russian work in the 1960s and 1970s through more detailed drilling • Ovdog Hudag Coal Deposit remains open to the north • Drilling of the Ikh Ulaan Nuur deposit 7km NNE of Ovdog Hudag (86.4 Mt*1) • Testing the undrilled area between the two known deposits • Property has potential for presence of other commodities (Cu, Fe) 114 Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 2011 www.mogulvc.com
  • 15. GOALS AND OBJECTIVES • Additional drilling and surface exploration to maximize Black Hills’ full potential including: • Infill and expansion drilling to expand resources and upgrade resource category • Step-out drilling between Ovdog Hudag and Ikh Ulaan-Nuur to delineate additional resources • Re-drill Ikh Ulaan-Nuur • Commence detailed development studies including: environmental baseline, processing, mine design • Evaluation of potential for other valuable commodities on the property (Fe, Cu) • Conduct an economic evaluation • Develop Black Hills towards production • Seek strategic partners for funding expansion, off-take, potential development of a mine-mouth power plant, and application of new technologies for monetizing deep-in-ground stranded coal • Acquire additional coal projects focusing on coking coal and thermal coal in proximity to near-term infrastructure development15 Photo: Core being bagged from Drill 2, 2011 www.mogulvc.com
  • 16. TIMELINE H1 2011 H2 2011 H1 2012 H2 2012 TRANSACTION Completed due diligence, Complete audit and prepare Complete public RTO, close property review, Title Opinion, info Circ. Pubco. funding – public listing private financing, closed TS LLC purchase, RTO agreement with Received approvals and signed TSX listed CPC an order for issuance of the mining license EXPLORATION Complete initial independent Complete drill program to Completed NI 43-101 report Implement NI 43-101 historical review of coal confirm coal characteristics and recommended program occurrences historical work ACQUISITION Completed acquisition of TS Review other potential coal coal project acquisitions DEVELOPMENT Confirmation drilling of Black Converted Exploration license Confirm resource and expand Hills to Mining License drilling16 www.mogulvc.com
  • 17. SUMMARY HIGHLIGHTS • One of the few exploration and mining companies operating in Mongolia that has significant local ownership. It has extensive local expertise and execution capabilities • Black Hills (Khar Tolgoi) project is a substantial thermal coal project close to infrastructure with significant expansion potential • NI 43-101 Inferred Resources of 89.6 Mt1 • 10% drilling area generated 50% of historic resource • Excellent potential to significantly expand the projects’ coal resources through infill and step-out drilling at Ovdog Hudag deposit where substantially larger historical resources were delineated by Russian work in the 1960s and 1970s through more detailed drilling • Phase II drill program planned to commence Q2, 2012 • China continues to utilize thermal coal as a viable energy source • The company has unique access to a proprietary pipeline of acquisitions • The company and its principals have a broad network of strategic partners, professional service providers and capital sources to build long-term successful projects and create significant shareholder value 1 Ovdog Hudag Coal Deposit, Mogul Ventures Corp., 43-101 Report by SRK Consulting (China) Ltd., December 31, 201117 www.mogulvc.com
  • 18. Contact Information+1 416.309.4326 | information@mogulvc.comBay Adelaide CentreSuite 1200, 333 Bay St.Toronto, OntarioM5H 2R2, Canadawww.mogulvc.com

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