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Corporate Presentation October 2012

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Corporate Presentation October 2012

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Corporate Presentation October 2012

  1. 1. TSX-V: CT OTCQX: CTIIFGrowing Gold Projects in Canada October 2012 Member of Forbes & Manhattan Group of Companies
  2. 2. Forward Looking Statements The information presented contains “forward-looking statements”, within the meaning of the United States Private Securities Litigation Reform Act of 1995, and “forward-looking information” under similar Canadian legislation, concerning the business, operations and financial performance and condition of the Company. Forward-looking statements and forward-looking information include, but are not limited to, statements with respect to estimated production, the estimation of mineral reserves and mineral resources; the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; capital expenditures; success of exploration activities; permitting time lines and permitting, mining or processing issues; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; title disputes or claims; litigation liabilities; and limitations on insurance coverage. Generally, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward- looking statements and forward-looking information are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward- looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws. Dr. Bill Pearson, P.Geo. who is a Qualified Person as defined by National Instrument NI 43-101 and reviewed and approved the scientific and technical information contained in this presentation. Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated or Inferred Resources. The information presented uses the terms “measured”, “indicated” and “inferred” mineral resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize these terms. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. In connection with the recently announced private placement financing, this presentation shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. The securities that are subject to the recently announced private placement financing have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. 2TSX-V: CT OTCQX: CTIIF
  3. 3. Overview Castillian Resources Corp. TSX-V:CT, OTQX and CCTIIF Canadian mineral exploration company whose focus is growing Gold projects in Canada Castillians Flag Ship property is the Hope Brook Gold Project in southern Newfoundland Updated NI 43-101 Mineral Resource released for Hope Brook October 2012 only 8 months after initial estimate Canadian Creek property in central Yukon is adjacent Kaminak’s Sugar Gold-in-Soil Trend South American assets are being monetized/joint ventured Strong Board, Management and Technical Team 3TSX-V: CT OTCQX: CTIIF
  4. 4. 2011: Accomplishments Castillian has significantly advanced its flagship Hope Brook Gold Project in Newfoundland • First NI 43 -101 mineral resource announced February 14, 2012 (filed April 5, 2012), meeting guidance at 740,000 inferred ounces of gold and 290,000 indicated ounces of gold and in just 16 months of exploration • Discovery cost of approximately $10 per resource ounce • Deposit is open along strike and at depth with a number of major target areas already defined • Mineralization occurs over 8km+ structure that is very underexplored • Positive tailing results have the potential to increase current mineral resource estimate o Average grade of 58 tailings samples tested is 0.96 g Au/t and 0.10% Cu (see April 24, 2012 press release). Substantially advanced Canadian Creek project in Yukon, outlining a 7.5 km long gold-in- soil anomaly that is associated with a major structure (Press Release dated November 15, 2011) Working on completing the sale or joint venture of non-core South American assets 4TSX-V: CT OTCQX: CTIIF
  5. 5. Advancing Hope Brook2010 2010 2011 2012February December September JuneAcquired Hope Intersected Intersected Successful initial 4,549Brook Gold 2.41 g Au/t 4.09 g Au/t over metre drill programProject over 26.5 metres 29.3 metres in Mine testing priority targets in Pit Zone Zone Extension completed at Hope Brook 2010 2011 2012 2012 September March February October Started Drilling Intersected First NI 43 -101 Updated NI 43 -101 Program 4.56 g Au/t Mineral Resource Mineral Resource over 8.9 metres Exploration Drilling Increasing indicated in Hanging Wall Recommenced mineral resource Zone at Hope Brook ounces by 102% 5TSX-V: CT OTCQX: CTIIF
  6. 6. 2012: Moving Castillian Forward Updated NI 43-1010 mineral resource announced October 1, 2012 with an increase in indicated resource to 590,000 ounces of gold and a modest reduction of inferred resource to 548,000 ounces of gold through successful conversion of inferred to indicated Successful initial 4,549 metre drill program testing priority targets completed at Hope Brook • 5.47 g Au/t over 38.0m • 3.78 g Au/t over 53.0m and 4.41 g Au/t over 5.0m Continue to test tailings Complete metallurgical testing Continue technical work for PEA Sell or joint venture non core assets Create a multi-million ounce resource company via drilling and acquisitions 6 TSX-V: CT OTCQX: CTIIF
  7. 7. AMC/M+I+I oz, US$/oz $100 $125 $150 $175 $200 $25 $50 $75 $0 Torex Gold Premier Gold Trelawney Romarco MineralsTSX-V: CT OTCQX: CTIIF Detour Gold Maudore Minerals Belo Sun Mining Upside Potential Prodigy Gold Exploreco Midway Gold Rainy River… Amarillo Gold Rye Patch Gold Castillian adjusted market capitalization (AMC) Northern Gold Magellan Minerals Chesapeake Gold CT Undervalued with Tremendous AMC/oz, US$/oz Guyana Goldfields Gryphon Gold Temex Resources Forbes Manhattan Equity Research, JR. Golds – Explorers and Developers, AMC/oz Valuations, July 2012 Castillian Resources Victoria Gold Average adjusted market capitalization (AMC) for junior gold companies Probe Mines Carlisle Goldfields PC Gold Sandspring… $10/oz $33/oz Mega Precious Metals Aurvista Gold Coral Gold 7 Rio Novo
  8. 8. Hope Brook Gold: The Flagship Project Option to purchase 100% interest in 993 claims covering approximately 25,000 ha Historical production (1987 – 1997) of 752,163 ounces gold in time of low gold prices (<US$400/oz) No exploration drilling on property since 1996 until Castillian started diamond drilling in 2010 8TSX-V: CT OTCQX: CTIIF
  9. 9. Major Gold Mineralized Structuremore than 8 km in Length Structure likely continues under granite sheet 9TSX-V: CT OTCQX: CTIIF
  10. 10. Large Scale Mineralized System Alteration zone Altered & extends 8+ km along Mineralized strike with a number of Shear Zone gold occurrences Open Pit 500+m wide Helicopter (behind hill) Mineralized zone open for scale along strike in both directions and at depth Major focus is exploring for more higher grade zones 10 TSX-V: CT OTCQX: CTIIF
  11. 11. Hope Brook Gold Resource Model 548,000 inferred and 590,000 indicated ounces of gold are located within this model Mine Zone open open 240 Zone open open 11TSX-V: CT OTCQX: CTIIF
  12. 12. Updated NI 43-101 Mineral Resource NI 43-101 MINERAL RESOURCE ESTIMATE, HOPE BROOK GOLD PROJECT * as at October 1, 2012 Within constraining shell Below constraining shell Total @ 0.50 g Au/t cutoff @ 2.0 g Au/t cutoff Tonnes Gold Gold Tonnes Gold Gold Tonnes Gold GoldCategory (millions) (g/t) (oz) (millions) (g/t) (oz) (millions) (g/t) (oz)Indicated 10.6 1.24 422,000 1.7 2.99 168,000 12.3 1.48 590,000Inferred 06.4 1.91 397,000 1.8 2.62 151,000 08.3 2.07 548,000 Constraining shell incorporates essentially all of the remaining historic resources in the former Hope Brook mine in addition to new areas of resource as defined by Castillian, including the Pit Zone, Hanging Wall Zone and Mine Zone Extension. There is a possible copper credit that is not included in the mineral resource due to missing copper assays in historical drill holes. * Full Technical details and notes to the NI 43-101 Mineral Resource Estimate can be found in the Press Release dated October 1, 2012 . A NI 43- 101 Technical Report will be filed within 45 days of this press release. 12TSX-V: CT OTCQX: CTIIF
  13. 13. Growing the Resource Change in NI 43-101 Indicated Mineral Resource February 12, 2012  October 1, 2012 548,000oz1,000,000 oz 740,000 oz 590,000 oz 500,000 oz Indicated Mineral Resource 290,000 oz Inferred Mineral Resource February 2012 September 2012 13TSX-V: CT OTCQX: CTIIF
  14. 14. Major Exploration Upside at Hope Brook Deposit is open along strike and at depth Twinned holes typically return much higher gold and copper grades compared to historical holes Historic drill holes too short to test depth extension Widespread higher grade mineralization Silicified zones can be traced using geophysics 14TSX-V: CT OTCQX: CTIIF
  15. 15. Major Targets and Planned Drilling Areasat Hope Brook Further drilling planned on priority targets 15TSX-V: CT OTCQX: CTIIF
  16. 16. Applying Technology: Titan 24 Survey at Hope Brook Former HB Mine Extensive Resistivity Low Marks Footwall Conductor (Blue)MajorTarget Zone 16 TSX-V: CT OTCQX: CTIIF
  17. 17. Hope Brook Gold’s Infrastructure Advantages Power from Provincial Electrical Power Grid Wharf on Tide Water Modern Winterized Camp Existing Tailings Ponds Wharf 1.2km Long Air Strip Air Strip Ramp to 350m below surface Good Road Network Excellent Local Labour Force Ramp Portal Highly rated mining jurisdiction 17TSX-V: CT OTCQX: CTIIF
  18. 18. Corporate Summary Historical Price to September 30, 2012 CAPITALIZATION $0.14 $0.12 Symbol TSX-V: CT $0.10 OTCQX: CTIIF Frankfurt: CY4 $0.08 $0.06 52 Week Trading Range $0.03-0.24 $0.04 $0.02 Price (October 1, 2012) $0.04 $0.00 Average Volume (3 mth) 242,000 Market Cap $13.3 M MAJOR SHAREHOLDERS Shares Issued 332 M* Management and Insiders Fully Diluted 389 M Pyramis Ned Goodman Investment Management Cash at August 2012 $0.5 M RBC Asset Management * At the May 9th AGM, a proposed consolidation of Pinetree Capital Castillian’s issued and outstanding common shares Aberdeen International on the basis of one (1) post-consolidation common Howson Tattersall share for every five (5) pre-consolidation common shares issued and outstanding was passed. TD Asset Management Source: Bloomberg 18TSX-V: CT OTCQX: CTIIF
  19. 19. ManagementBill Pearson, Ph.D., P.Geo., President & CEO, Director – Over 37 years of exploration experience from grassroots through to advanced projects and mine development; former VP Exploration for Desert Sun Mining.Greg Duras, CGA, CPA, CFO – Over 14 years of corporate and project finance experience in the resource sector.Colinda Parent, CFA, Corporate Development – Extensive capital markets experience having spent more than 15 years in institutional equity sales and five years in investment banking.Josh Van Deurzen, JD, MBA, Corporate Secretary – Corporate and securities lawyer who works as a legal consultant to various public and private companies in the resource-based sectors.Kevin Brewer, P.Geo., Manager, Yukon – Professional geoscientist with over 25 years of mining industry experience.Chris Hale, Ph.D., P.Geo., Chief Geophysicist – Exploration geophysicist with more than 35 years experience worldwide. 19TSX-V: CT OTCQX: CTIIF
  20. 20. Board of DirectorsDavid Gower, P.Geo., Chairman – Over 20 years’ experience with Falconbridge & Noranda (now Xstrata), most recently as GM of Global Nickel & PGM Exploration.Bill Pearson, Ph.D., P.Geo., President & CEO, DirectorMike Hoffman, P.Eng., Director – Professional mining engineer with over 25 years of experience in mine operations, projects, engineering and corporate development.Brian Penney, P.Eng., Director – Twenty years of experience in the mining sector also includes senior operating and environmental positions in the gold industry, current COO of Alderon Iron Ore Corp.David S. Warner, MBA, Independent Director – Accounting professional with 30 year career spent at KPMG LLP, most recently as Partner. 20TSX-V: CT OTCQX: CTIIF
  21. 21. Contact InformationBill PearsonPresident & CEOpresident@castillian.ca+1 416 861 2968www.castillian.caRob HopkinsManager, Investor Relationsrhopkins@castillian.ca+1 416 309 2895www.castillian.ca 21 TSX-V: CT OTCQX: CTIIF Member of Forbes & Manhattan Group of Companies

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