TSX.V: NEI Corporate Presentation April, 2011 *subject to TSX / Shareholder approval Netco Energy Inc (Soon to be: Netco Silver Inc*) A South American Silver Pure-Play
In this presentation we will make statements about historical fact and future events. Statements about future events are "forward-looking“ and may prove inaccurate, as the future could differ materially from our current expectations. Forward looking statements in this presentation reflect our current judgment based on information currently available to us. These statements are subject to many risks and uncertainties, including those described in our public filings with securities regulatory authorities in the United States and Canada, which we urge you to read. Except as required by law, we do not intend to update any of these forward-looking statements.
South American Silver
focused on assembling a portfolio of development stage silver assets in South America with near term growth and production potential.
* Name change post TSX.V / Shareholder Approval Netco Silver *
Issued Capital: 39.7 million common shares (approx)
Share Price: C$0.125 (April 11/11: TSX.V: NEI)
Market Cap: C$5.0 million (approx)
Options: 600k common shares
Exercise price C$0.12
Cash: C$700k (approx)
* Post Close of Private Placement announced March 4, 2011 Corporate Information*
Toruel Silver Project
Rio Negro Province, Argentina
Netco has option to acquire up to 75%
Excellent year-around access
Power, Water, Labour nearby
23 km to mining town and railroad
Jurassic volcanics cut by epithermal veins and veinbreccias
Structural corridor 4.5 km wide and up to 8 km long
19 other veins, many with geochemically anomalous gold or silver
An under explored mining district
Argentina Principal Asset
Historical exploration Summary (2005-2006)
200 surface rock samples + 29 trenches
Assays ranging from 0.0 to 5871 g/t silver and 0.0 to 7.17 g/t gold
4,300m of diamond-drilling in approx 46 holes & 1,590m of reverse circulation drilling in approx 15 holes
Intercepted strong mineralization, including:
5.0 meter zone that averaged 960 g/t silver and >1.0% copper in DDH-24, and
5.4 meter interval that averaged 981 g/t silver and 6.31% copper in DDH-32
true width may be about 60-80% of the average mineralized intercept,
The 5.4 meter thick copper/silver rich intercept found in DDH-32 might constitute a mineable width over a true thickness of 3-4 meters.
Defined a well-mineralized shoot that is about 650m long, open to depth, drill-tested to a max vertical depth of about 125m where mineralization remains strong.
Vast majority of property remains unexplored
Toruel Silver Project Highlights
Management site visit
Commence Mapping, trenching and sampling program
Develop initial drill-targets for Q3 2011 program
Toruel Silver Project
Andrew Gourlay, President & Director
Mr. Gourlay is a mineral exploration geologist who has worked in Exploration for nearly three decades. Mr. Gourlay has extensive exploration and management experience throughout South America, Asia & North America. Mr. Gourlay is the former President of Andean American Mining Corp and Sinchao Metals Corp. and has been the Exploration Manager for Chase Resource Corp in the Philippines, Essex Resource Corp in Bolivia, and Asia Gold Corp (a subsidiary of Ivanhoe Mines Ltd) in Mongolia. Mr. Gourlay is a Professional Geologist registered with The Association of Professional Engineers, Geologists and Geophysicists of Alberta and a Fellow of the Geological Association of Canada.
Michael Sweatman, CFO & Director
Mr. Sweatman possesses in excess of 20 years experience as a Chartered Accountant in public and private practice and has worked with and provided advice to many companies listed on the TSX Venture and Toronto Stock Exchanges. He is CFO and Director of Lions Gate Metals Inc. (LGM.V) and Galena Capital Corp. (FYI.V). Mr. Sweatman is also a Director of Brownstone Resources Ltd., Mega Precious Metals Inc. (MGP.V), which are reporting companies listed on the TSX Venture Exchange, and of Mega Uranium Ltd., which is listed on the Toronto Stock Exchange.
Colin Bowkett, Director
Mr. Bowkett brings more than 18 years experience in business development and strategic alliances to the company, and is a partner in Canadian Nexus Ventures, a private investment firm based in Vancouver. He has facilitated and financed multiple international Oil & Gas, and Mining transactions in both the private and public sector. Mr. Bowkett currently serves on the board of directors or in advisory positions for several private and public entities.