Corporate Presentation October 2012


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Corporate Presentation October 2012

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Corporate Presentation October 2012

  1. 1. A Premier Gold Explorer in Colombia Q4 2012
  2. 2. [2] Forward Looking Statement 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 Llave Oro’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
  3. 3. [3] Llave Oro Value Creation • Highly experienced management team assembled in Colombia and Canada to review, Pre-IPO $3.4M @ $0.20 acquire and develop gold assets Financing Shares • A premier Colombian-based team with a track 28,709,850 Outstanding record of significant exploration success • Identified, assembled, negotiated and Fully Diluted 40,009,881 advanced exploration on Continental Gold’s (TSX: CNL) key assets Warrants 8,500,000 @ $0.30 • Strong relationships throughout Colombia, with a collective 70 years working experience in the country Options 2,800,031 @ $0.20 • Advancing the public listing process • A strong Board with extensive experience building companies and creating shareholder value in the capital markets • Utilizing international experience to lead the formation of Canadian Chamber of Commerce Mining Task Force in Colombia with the support of the Canadian Embassy
  4. 4. [4] Management Team MICHAEL SMITH, R.G., President Geologist with significant international mining operations experience. Served as Chief Mine Geologist for Barrick Gold Corp. at the Gold Strike Mine in Nevada. Subsequently became General Manager of Exploration and Development for Barrick Gold in South America BALMER ECHEVERRI, VP Exploration Geological engineer with Masters degree in Economic Geology, 10+ years mining experience mainly in Colombia. Former Country Manager at Barrick Gold in Colombia ADRIANA GONZALEZ, General Manager Significant mining company experience in Colombia; a mining engineer with a Master’s degree in Environmental Management, 20+ years experience regulatory affairs, former Concession and Environmental Manager, Colombia with Continental Gold MARTA TOBÓN, Corporate Social Responsibility Responsible for Corporative Social Responsibility programs. Experience includes Continental Gold and Alcaldia de Medellín
  5. 5. [5] Board of Directors JOHN CARLESSO, Executive Chairman The founder of Cervello Capital Inc., a private merchant bank based in Toronto; has over 15 years of international business experience; Executive Chairman of Oremex Silver Inc. and Oremex Gold Inc and founder of Mogul Ventures Corp. Has extensive experience in the junior mining sector – held the position of Vice President, Corporate Development at Desert Sun Mining Corp, a company acquired by Yamana Gold Inc. STEVEN KHAN, CFA, MBA, Director Previously spent 20 years in all aspects of the investment industry including executive positions with both regional and national full-service Canadian investment brokerage houses. Current focus is on strategic corporate and business development as well as resource and venture capital financing GORDON WYLIE, Director Former AngloGold Ashanti VP Exploration, initiated AGS’s activities in Colombia, former Board Member Continental Gold, Director of Lydian International MARC BAMBER, Director Mr. Bamber is a senior natural resources hedge fund management specialist with seven years’ experience at the UK-based, RAB Capital. He is very knowledgeable in the natural resources investment sector and possesses a deep understanding of the UK and European markets
  6. 6. [6] Why Colombia? • Fifth largest economy in Latin America: GDP US$285 billion (IMF) • Steadiest GDP growth in Latin America 1970 – 2007 (World Bank) • Lowest avg. inflation in Latin America 1998 – 2008 (DANE) • Second best business climate in Latin America (World Bank) • Second best investor protection in Latin America (Forbes) • Fourth largest market capitalization total in Latin America • US$8.8 billion infrastructure investment through 2012 • Nominal corporate tax rate approximately 33%
  7. 7. [7] Foreign Investment in Colombia
  8. 8. [8] Major Mining & Exploration Projects AREA Total 1,141,748 km2 % Water 8,8% Borders 6,004 km POPULATION Total 46,000,000 Density 38 hab/km2
  9. 9. [9] Projects Overview POPALES PROJECT • Located 7 km from Continental Gold’s inferred 2.5M oz. Au Buritica project* • Artisanal mining inventory (ongoing) • Geological mapping (completed) • Vein mapping • Rock geochemistry • Ground Magnetic Survey (completed) • Trenching (completed) • NI 43-101 Technical Report • Drill ready project EL RAYO PROJECT • Rock and soil geochemistry (completed) • Trenching • Geological mapping (ongoing) *Continental Gold, Sept.15.11 news release‘ Continental Gold Announces a Maiden Resource for the Buritica Project, Colombia’ LLAVE ORO INC. PROPERTIES
  10. 10. [ 10 ] Popales Project • Located 150 km NW of Medellin in an emerging, high-grade district within the Cauca gold belt • 7 km from Continental Gold’s inferred 2.5M oz. Au Buritica project • Multiple gold bearing veins identified through preliminary exploration • Identified 45 high-grade Buritica-like veins • Veins from trace up to 68 g/t Au • Altered rock between veins assayed up to not fold 13 g/t Au • High grade vein and bulk mining potential • Drill-ready project with the location of 7 drill-holes identified
  11. 11. [ 11 ] Regional Geology Popales • Located in the prolific Cauca Belt • 294 hectares, two blocks • Large gold deposits in the belt include: • Buritica (Continental Gold): inferred 2.5M oz. Au* • La Colosa (AngloGold Ashanti): inferred 12.9 M oz. Au** • Completed 288 line-meters of trenching • 8m at 3.5 g/t Au • 16m at 0.8 g/t Au, including 8m at 1.22 g/t Au • 10m at 0.5 (g/t) Au *Continental Gold, Sept.15.11 ‘Continental Gold Announces a Maiden Resource for the Buritica Project, Colombia’ news release ** AngloGold Ashanti, May 6.08 ‘AngloGold Ashanti Announces Significant Exploration Results at 100% owned La Colosa Project in Colombia’ news release
  12. 12. [ 12 ] Popales Geochemistry • Widespread mineralization indicates: • large hydrothermal system and • provides numerous drill targets • Copper and silver mineralization is associated with gold mineralization Map: Rock chip sampling Au g/t
  13. 13. [ 13 ] Popales Trenching and Proposed Drilling • Numerous, high-grade veins up to 68g/t Au • Many of the high-grade veins support artisanal mining • Mineralized stockwork zones in wall rock indicate bulk mineable potential • Completed trenches, exposing stockwork zones • 4 trenches for a total of 288m line • 100 chip-channel samples pending results • Proposed drilling: 7 holes totalling 3,400m
  14. 14. [ 14 ] Popales Ground Mag • Ground magnetic survey completed, 23.8 line-kilometers • Gold mineralization associated with magnetic minerals • Expected to provide additional drill targets
  15. 15. [ 15 ] Buritica & Popales Comparison • Distribution and type of high-grade veins at Popales is very similar to Buritica • Identified 45 high-grade Buritica-like veins 100 m. ILLUSTRATIONS Top: Popales Veins Bottom: Buritica Veins
  16. 16. [ 16 ] Popales Images Sample from high grade vein One of many small mills at Popales • Agreement to acquire 90% for US$2.5M over a 24 month period
  17. 17. [ 17 ] El Rayo Project • Located ~55km NE of Medellin in the San Roque municipality • One concession, 270 hectares Gold Anomalies • Open cut exposes a shear zone roughly 11m wide, length appears to be 1+km • Chip samples yielded from 4.2 g/t Au up to 16.6 g/t Au • Alteration consists of silicification, propillitic and sericite zones within Potential Mineralized Trend N 70 E trend of 50 m width • This style of alteration is typically associated with gold deposits observed at B2/AngloGold Ashantis near Gramalote deposit • Lithological and alteration maps are being prepared • Agreement to acquire 90% for US$2.2M
  18. 18. [ 18 ] El Rayo Regional Geology • Located in the prolific Antioquia Batholith Belt • Majors nearby: AngloGold Ashanti, Gramalote and B2Gold
  19. 19. [ 19 ] El Rayo Geochemistry • Geochemistry of rock chip and soil samples indicate two mineralized zones: • 200m by 50m of gold anomalies ranging from 0.1 g/t Au to 5.4 g/t Au • 270m by 170m ranging from 0.1 g/t Au to 2.6 g/t Au
  20. 20. [ 20 ] El Rayo Geochemistry Los Barrera Zone • Surface sampling showed significant anomalies of gold • Results of 39 soil infill and 30m trenching sample results are pending
  21. 21. [ 21 ] Llave Oro Overview • Early-stage investment opportunity • Start-up level valuation • Significant catalysts and activity during 2012 • Ongoing program • Geological mapping and sampling • Popales and El Rayo have multiple “drill-ready” targets • Final stages of permitting • Continued due diligence on additional project acquisitions • Advancement of go–public process • Best in class team with vast expertise in Colombia • Still “early days” in Colombia
  22. 22. [ 22 ] Contact Information P +1 416. 309.4325 F +1 416.364.3346 Bay Adelaide Centre Suite 1200, 333 Bay St. Toronto, ON M5H 2R2 Canada