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Minaurum Investor Presentation


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Minaurum Investor Presentation

  1. 1. Corporate Presentation Summer 2013 1
  2. 2. Forward Looking Statements Some of the statements contained in this presentation are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production. Qualified Person: Mr Stephen R Maynard, M.S., C.P.G., has acted as the qualified person as defined in National Instrument 43-101 for this disclosure and supervised the preparation of the technical information in this release. Guerrero Gold Belt Global Resources taken from Goldcorp December 31, 2011 (Global Resource) and Torex Gold Website, October 10, 2012. 2
  3. 3. Strong Foundation for Growth Proven Mine Finders • Discovered over 200 million ounces Silver & 8 million ounces Gold • Involved in two takeovers - $424M West Timmins Mining merger (Lake Shore Gold) $140M Underworld Resources (Kinross Gold Corp.) Strong Institutional Ownership • 50% owned by financial institutions • 20% owned by management First Mover Advantage • First explorer into the Southern Guerrero Gold Belt (“GGB”) • Large land position in the 21M oz “GGB” (Goldcorp, Torex, Newstrike, Cayden) Healthy Balance Sheet • $0.25M working capital with no debt, and tight share structure • Exploration expenditures constitute 80% of total expenses, only 11% is overhead 3
  4. 4. Proven Mine Finders 4 What? Who? Role at Minaurum BHP Billiton 2.9MT copper, 7 million oz Gold OK Tedi Mine Discovered by Gerald Rayner Senior Consulting Geologist Excellon Resources Platosa Silver Mine Discovered by Dr. Peter Megaw Director, Consulting Geologist, Property Vendor Goldcorp 8 million oz Los Filos Gold Deposit Discovered by David M Jones Director, Senior Geologist, Property Vendor Kinross 2 million oz Buckhorn Gold Deposit David M Jones, Part of Team credited with discovery Director, Senior Geologist, Property Vendor MAG Silver 200 million oz Silver Juanicipio Deposit Discovered by Dr. Peter Megaw Director, Consulting Geologist, Property Vendor Underworld Resources $142 million takeover by Kinross Co-founded by Michael Williams Chairman West Timmins Mining $424 million merger with Lake Shore Gold Dr. Peter Megaw was property vendor Director, Consulting Geologist, Property Vendor
  5. 5. Accomplished Management Team Darrell Rader, BBA, President, CEO & Director Mining and exploration financer and operator. Served as manager of Corporate Development for Energold Drilling and IMPACT Silver Corp. (2003-2010) during which Energold expanded from 2 drill rigs to over 80 and had 22 consecutive profitable quarters. IMPACT Silver moved from early stage explorer into a profitable silver producer in Mexico. Stephen Maynard, M.S., Vice President Exploration Exploration geologist for over 30 years and worked with geological teams that discovered the 1.5-million-ounce gold Efemcukuru deposit in Turkey and Metallica Resources' 3- million-ounce gold Cerro de San Pedro deposit in Mexico. Cale Moodie, CA, Chief Financial Officer Previously served as the CFO of both Underworld Resources prior to its acquisition by Kinross Gold and Sierra Geothermal prior to its acquisition by Ram Power. 5 Board of Directors: Michael Williams, Chairman David M. Jones, M.S. Peter Megaw, Ph.D. Richard Brissenden, CA. Lawrence Talbot , LLB Stephan Zimmermann, Ph.D.
  6. 6. Tight Share Structure 6 Institutions 50%Management 20% Retail 30% Symbol MGG:TSX.V Shares Issued 49,712,146 Options 3,375,000 Warrants None Fully Diluted 53,087,146 52 Week: Hi/Low C$0.285 / C$0.075 Current Price: $0.10 Market Cap $5M Working Capital $0.25M
  7. 7. 7 Project Portfolio – 7 Drill Ready Projects The 21M Oz Guerrero Gold Belt
  8. 8. What is the Guerrero Gold Belt? • The Guerrero Gold Belt (GGB) is becoming a world class district for gold mineral exploration with over 21 million ounces discovered in the last two decades within a 40 km trend. • Geological characteristics of an emerging mining district – BIG: Not one off deposits but multiple deposits that are unified by common geological characteristics – SYSTEMATIC: Processes that formed the deposits are part of the same geological system • If Big and Systematic, then you have a reasonable predictability and higher probability of discovery 8
  9. 9. First Mover into GGB South 9 Company Primary Project Hectares Reserve (Au) Resource (Au) Market Cap Goldcorp Inc. No 9000 7.75M oz 5.83M oz n/a Torex Gold Yes 29,000 5.4M oz $946M Newstrike Capital Yes 88,000 2.2M oz $87M Esperanza Resources Yes 15,000 1.64M oz $52M Cayden Resources Yes 17,000 80,000 oz $41M Minaurum Gold Yes 18,200 $5M Citation Resources Yes 38,000 $2M Mining Companies Operating in the Guerrero Gold Belt David M. Jones, Senior Geologist & Property Vendor for Minaurum Gold Inc. developed the exploration model that resulted in many of the Guerrero Gold Belt “GGB” discoveries. GGB now totals over 21 million ounces.
  10. 10. Major Mines & Deposits in “GGB” 10 MGG Projects: • Vuelcos del Destino • Jackie • El Porfido Projects cover Intrusive complexes similar to current GGB Deposits Belt has very good infrastructure with roads, electricity, nearby cities.
  11. 11. Vuelcos del Destino – GGB Project 11 • 20 kilometers from Goldcorp’s Los Filos Mine Project • Geology is identical to that of the Los Filos and Bermejal deposits • Extensive target areas identified by mapping, geochemical sampling, and airborne geophysics • Mapping and detailed sampling are currently underway for the purposes of drill target identification. • Drill permitting for 7,500m program in Summer 2013
  12. 12. 12 Los Filos mineralized intrusion sample displayed next to in-situ Vuelcos intrusion Vuelcos del Destino – GGB Project
  13. 13. Vuelcos del Destino – GGB Project 13 Coincident stream sediment geochemistry and VTEM aeromagnetic anomalies are consistent with Guerrero Gold Belt style mineralization 1 km
  14. 14. 14 District Scale Gold Skarn Drill Defined Target Mineral Grade & Size Exploration Plans Mineral Discoveries Aurena - Gold 7,693 hectares Mineralized trend: 3.5km by 1km 2 drill defined Gold Zones First Zone: 1.8 km long Gold zone at depth and open along strike Second Zone: Near surface and open in three directions Prograde gold skarn mineralization, typical deposits grade 6-8 g/t Au and total between 2-10 M oz Au 19 holes drilled; 7,000m drill program completed Project Adelita - Copper 12,350 hectares Copper porphyry measuring 3km by 1km 2012 drill assays: 105.2 metres of 1.03% Copper: including 41.9 m of 2.21% Copper; 0.93 g/t Gold and 77.5 g/t Silver & 201.4 metres of 0.52% Copper. Recent newly discovered mineralized skarn across 75m 2,500m drill program completed
  15. 15. Aurena - Gold in Soils Phase One 7,000m drilling Phase Two 2013 Current Exploration Drilling Gold mineralization remains open to the west, northwest, north, and at depth. 2nd phase drilling program will focus on delineating the extent of mineralization 15 Hole From (m) To (m) Interval (m) Au (g/t) AURC-11-001 160.50 181.00 20.50 1.45 including 165.00 173.50 8.50 2.75 AURC-11-002 39.50 47.16 7.66 1.14 including 44.33 47.16 2.83 2.22 AURC-11-005 0.00 29.05 29.05 1.99 including 8.45 27.60 19.15 2.60 AURC-11-006 4.50 48.00 43.50 1.01 including 4.50 13.50 9.00 1.24 and 28.50 48.00 19.50 1.64 AURC-11-007 34.50 40.50 6.00 0.84 and125.20 149.00 23.80 0.99 including 134.00 147.50 15.00 1.33
  16. 16. Adelita - Copper Porphyry/Skarn • Discovery holes: – 105.2 metres of 1.03% Copper – 201 metres of 0.52% Copper • Strong Copper-Gold-Silver mineralization from surface to 300m depth at Cerro Grande • Mezquital target, 2km west of Cerro Grande is large porphryry system across 15 km • 8km west of Pan American Silver’s Alamo Dorado mine 16
  17. 17. Project Pipeline 17 Santa Marta Copper-Gold • 700m strike length of exposed massive gossan • Surface sampling yielded up to 1.96 g/t Gold and 11.54% Copper • Recent sampling returned 1.1% Cu over 25m in oxidized rock • Mine active in late 1960s, produced 50k- 70k tons of oxide copper ore, averaging 1.7% copper over 33 meters of sampling, with up to 2.0 g/t gold and 37 g/t silver. A sample of hand-sorted mineralization reportedly contained 8.1% copper, 5.0 g/t Au, and 645 g/t Ag. • Phase One – drill permitting underway Quartz-grain and clay-rich rock (white) on northwest side of pit, with iron-oxide crust cap, interpreted as leached sulfide- rich rock (massive sulfide).
  18. 18. Project Pipeline cont’d 18 Capilla Silver-Lead-Zinc • Un-mined veins in historical 200M oz Ag District • Mined veins averaged 1-5m wide grading 1000g/t Ag • Phase One - 1,400m drill program completed March 2012 returned 0.5m of 1,375 g/t Ag, 1.1% Cu, 3.6% Lead and 9.6% Zinc as well as 0.55m of 50g/t Ag, 4.67% Lead and 6.10% Zinc Source: Silverstone Resource Corp NI 43-101 Oct 16th 2008 & Albinson et al SEG SP8, 2001, p. 1-32
  19. 19. Upcoming News Catalysts • Vuelcos del Destino gold project – First to drill GGB South, located 19km from Goldcorp’s Los Filos Mine – 7,500m drilling program announcement once drill permits are complete • Adelita copper-gold project & Aurena gold project – Further surface work is planned at both projects – Adelita is located 2 kilometres west of Pan American Silver Corp.’s (TSX: PAA) open pit Alamo Dorado silver mine and so far, results suggest the Mezquital target is underlain by a large copper-molybdenum porphyry system, in excess of fifteen square kilometres (see news release dated May 31, 2012) – Aurena is located in Oaxaca with an identified 1.8km gold zone open at depth and along strike • El Porfido & Jackie Projects – Exploration update on Jackie & El Porfido 19
  20. 20. Analyst Coverage Industrial Alliance Securities Inc. (IAS) is a full service securities brokerage firm and a wholly owned subsidiary of Industrial Alliance Insurance and Financial Services Inc. (IA) headquartered in Montreal and Toronto. IAS is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF). Industrial Alliance is one of the largest public companies in Canada with a market capitalization of $3 billion and $73 billion in assets under management as at September 30, 2012. Merrill McHenry (MBA,CFA) Phone:(416) 203-5825 20
  21. 21. 21 Contact Us Investor Relations Manager Sunny Pannu Tel: 778 330 0994 Email: Website: View our YouTube Channel Click Here