Joint Venture Opportunities in Mexico

Transcription

1 Joint Venture Opportunities in Mexico Q Q

2 2

3 Forward Looking Statements Forward-Looking Statements: Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, among others, statements with respect to proposed exploration, development and production activities and their timing, potential mineralization and the anticipated acquisition of property interests. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, receipt of regulatory approvals, completion of anticipated transactions, the timing and success of future exploration, development and production activities, exploration and development risks, expenditure and financing requirements, title matters, third party consents, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices and one-time events. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that: (1) the proposed exploration and development of mineral projects will proceed as planned; (2) market fundamentals will result in sustained metals and minerals prices and (3) any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. 3

4 Revolution Mexico Portfolio 4

5 Revolution in Sierra Madre Gold-Silver Belt Pan American Silver Goldcorp Revolution in Peñasquito District Sierra Metals Frisco Alamos Gold (Concepcion de Oro) Aura Goldcorp Agnico Eagle First Majestic Paramount Gold & Silver Coeur d Alene MAG Silver Grupo Mexico Pan American Silver Goldcorp New Gold Cerro San Pedro Production numbers taken from corporate websites as of Feb 22, 2013 Production numbers taken from corporate websites as of Feb 22,

6 Introduction Mexico Universo: New District Contiguous with Peñasquito and Camino Rojo 370,500 hectares on trend with major mines 25 Surface showings, prospects and anomalous zones identified to date Multiple drill ready targets, historic high-grade gold and silver production Historical drilling intersected 21.3m avg 11.7g/t Au and 37g/t Ag including 1.5m avg 121g/t Au Montaña de Oro: Multiple Base & Precious Metal Targets 26,000 hectares in vicinity to Coeur s Palmarejo and Pan American s Alamo Dorado 22 targets identified to date, including 17 areas of gold & silver, a CRD discovery, and four undrilled copper porphyries. Major historic placer gold producer. Historical drilling reported 31.2m of 7.0% Zn, 0.94% Cu, 51.48g/t Ag and 0.80g/t Au La Bufa: Multiple Vein Targets 1940 s historical production at Carmen Vein, 1Mt at 2.5% Cu and 2.9g/t Au 18,000 hectares on trend with historic Batopilas deposit and 30km east of Goldcorp s El Sauzel mine Sampling at multiple prospects reported up to 21.9g/t Au, 2,170g/t Ag, 11.3%Cu, 5.38% Zn and 0.254% Mo 8 Recon-generated prospects 6

7 Corporate Strategy Pursue JV and alternate options with our 100% owned Mexico portfolio (including Universo, La Bufa and Montaña de Oro properties) Continue to advance Champion Hills ourselves as Romarco approaches a permit decision Shift by Seniors to pursue grassroots exploration in politically safe/mining friendly jurisdictions of Mexico Revolution recently acquired 100% interest in the Mexico portfolio Company now has the flexibility to form strategic partnerships Maintained large land package in the process Significantly decreased financial commitments 7

8 Universo Goldcorp Peñasquito Mine 17.8Moz Au & 882Moz Ag Goldcorp Camino Rojo Deposit 4.0Moz Au & 68.3Moz Ag UNIVERSO First Majestic Real de Catorce Deposit 46.79Moz Ag 230Moz Ag Historical Production Grupo Mexico Charcas Mine Largest Zn Producer in MX New Gold Cerro San Pedro Mine 3.7Moz Au & 68.4Moz Ag 8

9 Universo Introduction 370,500 total hectares in northern San Luis Potosi Located in the heart of a 300km trend of significant precious and base metal mines and deposits: Goldcorp s Penasquito Mine Mexico s largest open pit mine, containing Au, Ag, Pb and Zn Goldcorp s Camino Rojo Deposit Acquired for $238M from Canplats Grupo Mexico s Charcas Mine Over 100 years of Zn/Pb/Ag mining history New Gold s Cerro San Pedro Produced 2Moz Ag and 144koz Ag in 2011 First Majestic s La Luz Deposit Located within historic Real de Catorce district with estimated historic production of 230Moz Ag Santa Maria de La Paz Cu-Au skarn, ~20Mt at 1.06%Cu, 1.15g/t Au, and 52g/t Ag 25 surface showings, prospects and anomalous zones identified to date Despite Universo s strategic location, only limited exploration has been performed; the last known drilling being 18 years ago Universo hosts multiple styles of mineralization including epithermal, sediment hosted/carlin style and polymetallic epigenetic. Gold Mineralization occurs within jasperoid silicified limestone sequences along regional scale fault structures, as well as within low-sulphidation epithermal quartz vein systems Relatively flat topography, modest vegetation and thin overburden in a sparsely populated region 9

10 Universo South Targets Cinco Estrellas Mine (Au-Ag) Historical drilling intersected 21.3m avg 11.7g/t Au and 37g/t Ag including 1.5m avg 121g/t Au 6,460 tons of past production at 13.7g/t Au and 394g/t Ag Esquivel (Au-Ag) 2,640 tons of past production at 19.2g/t Au and 115g/t Ag Chiqui (Au, Sb) 200m strike length, sampled up to 7.0g/t Au with widespread +1.0g/t Au La Perdida (Au-Ag) Samples of up to 6.85g/t Au and 79g/t Ag Represso (Au-Sb) Jasperoids, high level epithermal signature, altered volcanics Lindo Dia (Au) Boulders sampled up to 1.6g/t Au 10

11 Cinco Estrellas (Au-Ag) Historic drilling encountered 1.5m of g/t Au within 21.3m of 11.7 g/t Au and 37 g/t Ag starting at 126.5m, near Cinco Estrellas mine 6,460t of past production at 13.7g/t Au, 394g/t Ag Non NI compliant resource estimate: 47,000 16g/t Au, 900g/t Ag Esquivel: Nearby small mine production: 2,640t at 13 g/t Au, 90g/t Ag from jasperoidal carbonates Widespread anomalous Au and Ag, >0.1g/t Limestone and minor volcanic hosted, low angle thrust fault and high angle NNW to EW trending fault controlled mineralization Target area of strongly anomalous Au-Ag-As-Sb measures 7.8km long by 3.2km wide in NW-SE orientation High-level low-sulphidation epithermal Au-Ag characteristics throughout property along with key trace elemental signatures such as Hg, Sb and As Visible Gold from Cinco Estrellas Drill Core, 2012 Cinco Estrellas Surface Geochemistry of Au 11

12 Cinco Estrellas Drilling Results Completed 16 holes totaling 3,607 meters, first target of over 25 surface showings, prospects and anomalous zones identified to date Results highlighted by drill hole UNN which intersected 42.4 g/t Au with 68.2 g/t Ag over 0.97m Gold and silver mineralization hosted within caliche overburden suggest potential for undiscovered gold-silver structures under the overburden, proximal to the outcropping Cinco Estrellas and Esquivel zones. 188 underground channel samples were collected; samples returned up to 566 g/t Au, averaging 6.9 g/t Au, up to >10,000 g/t Ag, averaging 121 g/t Ag. Hole ID From To Length Au (g/t) Ag (g/t) UNN UNN UNN UNN UNN UNN UNN UNN UNN UNN UNN UNN UNN UNN UNN UNN

13 Chiqui (Au) Circa1970 s-80 s underground mining focused on antimony-gold mineralization of <10,000 tons 157 surface and underground samples collected, grab and channel, 2 samples run 7.76 and 7.75g/t Au, 25 samples above 1.0g/t Au, averaging of 2.0g/t Au Strong and consistent gold mineralization over 200m strike length and 50m width Target never drilled Very high Sb, Hg, and As associated with Au geochemistry Au mineralization distributed by low angle thrust faults with high angle feeder structures, limestone host Chiqui Area Gold in Rock Samples 13

14 Universo North Targets Salitrillo (Au) 650m x 2,500m area of jasperoid altered limestone Several small workings Numerous samples over 50g/t Au and as high as 193g/t Au Strong anomalous Hg, As, Sb Potentially high-level expression of sediment-hosted gold system Los Reyes (Co-Zn-Ni) La Guerra (Co-Zn-Ni) Calavera (Co-Zn-Ni) Co-Zn-Ni targets all carbonate replacement deposits with sample values of up to 4,260ppm Co and 762ppm Ni, often associated with As Broad soil survey in 2012 over northern third of property identified over 17 new precious metal exploration targets, first pass reconnaissance in progress 14

15 Sierra Madre Gold-Silver Belt Coeur d Alene Pan American Silver Pan American Silver Alamos Gold Agnico Eagle Paramount Gold & Silver MAG Silver Goldcorp Prolific gold-silver belt in northwestern Mexico Production in 2012: Dolores: 2.7Moz Ag, 43.5Koz Au (Acquired in 2012 for $1.5Bn) Mulatos: 200Koz Au (global resource of 5.66Moz Au) Pinos Altos: 184Koz Au (reserves of 3.1Moz Au, 88.5Moz Ag) Palmarejo: 8.24Moz Ag, 106Koz Au (global resource of 98.8Moz Ag, 1.63Moz Au) El Sauzel: 81.8Koz Au (1.5Moz past production) Alamo Dorado: 5.4Moz Ag San Miguel: in development, global resource of 99.8Moz Ag, 1.47Moz Au Batopilas: 300Moz Ag Historic production 15

16 Montaña de Oro *Resource and reserve estimates taken from company websites as of April

17 Montaña de Oro Introduction 26,516 hectares located in the Sierra Madre Gold Belt of northwestern Mexico, a prolific gold-silver belt with a history of mining dating back several hundred years Located 25km south of Coeur d Alene s Palmarejo Mine and 20km north of Pan American s Alamo Dorado Palmarejo 2011 production: 9.0Moz Ag and 125,000oz Au Alamo Dorado 2011 production: 5.3Moz Ag and 166,000oz Au A total of 22 targets have been identified to date, including: 17 areas of gold-silver mineralization, a carbonate replacement discovery, and 4 undrilled copper porphyries Property is underlain by the Guerrero Terrane which consists of Late Jurassic to Early Cretaceous andesitic flows interbedded with andesitic tuffs and minor carbonate sedimentary rocks and sandstone Three distinct styles of mineralization: Low sulphidation Au-Ag Porphyry-related Cu-Mo-Ag mineralization with an Au signature Extensive contact metasomatic Zn-Pb-Ag skarn mineralization and Zn-Cu-Ag-Au CRD s Placer gold, most sources unidentified Favorable location for mine development with respect infrastructure and local resources 150 drill holes for 39,833 meters by West Timmins Mining 17

18 Montaña de Oro Prospects 2.13g/t Au 143g/t Ag 6.55% Cu Large Historic Placer Gold Deposits Discovery Hole: 13.8m avg 5.65% Zn+Pb, 23.5g/t Ag 3.3g/t Au 72.2g/t Ag 2.32% Cu Discovery Hole: 4.80m avg 9.58g/t Au, g/t Au Discovery Hole: 4.47m avg 30.3g/t Ag, 16.5%Zn, 0.97% Cu Discovery Hole: 0.3% Cu, 3.5g/t Ag, 0.05g/t Au 27 Samples >1g/t Au 50 Samples >50g/t Ag 45 Samples >1% Cu 18

19 La Dura West (Cu-Ag) Cu-Ag Porphyry Related geochemistry, with proximal La Concepcion (Zn-Cu-Ag- Au) CRD, alkaline style of alteration The zone, as it has been drill tested over approximately 1,600m x 600m, N-S Cu-Ag porphyry signature composed of multiple intrusions: tonalite, microtonalite, quartz monzonite porphyry, andesite porphyry and granodiorite Historical drill highlights include: 73.2m of 0.4% Cu, 3.49g/t Ag, and 0.057g/t Au in hole LC within 168.8m of 0.3% Cu, 3.5g/t Ag and 0.05g/t Au starting at 111.8m 25m of 0.047% Mo & 0.11% Cu within 216.6m of 0.022% Mo, 0.076% Cu, & 1.98g/t Ag in LC

20 La Concepción (Zn-Cu-Ag-Au) Replacement Massive sulphide / Breccia Zn-Cu-Ag- Au System located within La Dura West target Mineralization occurs as massive sulphide replacements floored by Au-Ag rich siliceous breccias The zone, as it has been drill delineated to date, is approx. 200m x 100m, though offset by faulting Strong IP anomaly associated with fault offset to NE Breccia zone to the south has strike length in excess of 600m exposed with widths of 50 to 150m Highlights from historical drill holes 31.16m of 6.7% Zn, 0.94% Cu, 51.48g/t Ag, 0.80g/t Au in DDH LC m of 11.06% Zn, 0.81% Cu, 20.65g/t Ag, and 0.18g/t Au in DDH LC m of 5.96% Zn, 0.49% Cu, 25.49g/t Ag, and 0.54g/t Au in DDH LC m of 0.32% Zn, 0.6% Cu, 2.074g/t Au, & 66.2g/t Ag in DDH LC08-27 Abundant historic placer gold associated with IP anomaly & projected massive sulphide fault offset 20

21 La Dura East (Zn-Ag-Cu) Zn-Ag-Cu Skarn 1.4km east of La Concepción on periphery of large La Dura West porphyry copper system Limestone-hosted alteration traced for 2.5km at surface, then 0.8km further S. with Cu-Au and magnetite skarn Three areas of interest have been identified through past drilling (Lake Shore Gold): La Dura North, Nariz, and La Dura South La Dura North intercepts include 13.78m of 5.65% Zn+Pb with 23.51g/t Ag and 3.05m of 10.81% Zn+Pb with 42.29g/t Ag Nariz intercepts include 44.2m of 0.15% Zn La Dura South intercepts include 13.27m of 2.01% Zn+Pb with 6.87g/t Ag and 95.71m of 2.51% Zn+Pb with 8.81g/t Ag 21

22 El Rodeo (Au-Ag) Bonanza grade epithermal vein cluster comprised of multiple targets Epithermal stockworks, breccias and a network of quartz veins hosted in andesite Mainly located along regional scale El Rodeo fault system Multiple sites of high-grade past production Targets include: El Rodeo: vein widths of 0.3 to 6.0m over 1,500m strike length, historical drill testing intersected 4.80m of 9.58g/t Au and g/t Ag Don Pancho/La Violetta: historical samples running bonanza grades in excess of 3,000 4,000g/t Ag Fronteriza: 1,500m x 400m area, historical drill testing intersected 13.60m of 0.79g/t Au and 5.19g/t Ag including 0.90m of 5.51g/t Au and 38.2g/t Ag Montaña de Oro: historical trench results returned 2.53g/t Au over 18.3m El Rodeo Zone, DDH, Au in Rocks, on RTP Magnetics 22

23 Suby (Cu-Au-Ag) Large (3,600m x 1,000m) copper-gold-silver-bismuth mineralized trend associated with anastomozing quartz-sericite veins, aplite dikes, and granite quartz porphyry intrusive, granodiorite host, also anomalous in Mo, Bi, W, and Pb Work to date includes 36 short hand dug trenches, N-S soil grid, mapping & rock chip sampling Mineralization extends under post-mineral basalts and can be found on north side of post-mineral cover, extensive system 27 samples >1.0g/t Au, high of 15.1g/t 50 samples >50.0g/t Ag, high of 987g/t 45 samples >1.0% Cu, high of 14.05% 35 samples > 0.1% Bi, high of 1% 23

24 El Zataque (Au-Ag) Located along the southern extension of the regional scale El Rodeo fault system, approx. 5km south of the El Rodeo discovery Mineralization at surface consists of strongly weathered, sulphide-rich silicified andesite, rhyolitte and quartz diorite The leached zone is 1.5km by 0.8km in size Acid leaching is evident in many outcrops, and a prominent area of stressed vegetation is evident over the entire area IP conducted in 2007, core drilled in 2007 and 2008 with 13 holes intersecting <500ppm Cu in magnetitebiotite altered rocks. Tested to 800m depth 24

25 La Mora (Au-Cu-Ag) Conceptual Cu-Au IOCG Mineralized zones found in altered and sheared microtonalite Biotite-magnetite alteration, abundant copper carbonates Wider alteration zone is 1.5km in diameter, with the core approx. 500m long along strike by 100m across Preliminary sampling has returned up to 0.69g/t Au, 7.1g/t Ag and almost 1% Cu. A total of 10 samples collected during 1 day trip 25

26 Historic placer gold area Located 7km NNW of La Dura Baboyahui (Cu-Au-Ag) Historical sampling returned values up to 2.13g/t Au, 143g/t Ag and 6.55% Cu Zone of quartz-sericite and hematite alteration associated with a quartz monzonite intrusive produced a colour anomaly measuring 4.5km by 2.5km Historic soil ridge & spur sampling, rock chip sampling, no mapping other than 250k gov. Never drilled IKONOS Image, Geology, Cu in Rocks & Soils 26

27 El Chapote (Au-Ag-Cu) Consejo core drilling in 1988, Au-Ag-Cu bearing skarn with 10m 0.24g/t Au, 9g/t Ag, and 0.11% Cu along with several 1m intervals in diorite running up to 1.28g/t Au, 23g/t Ag, and 0.2% Cu Historic placer gold area 9 samples > 1.0g/t Au, ridge and spur sampling shows Cu-Au association Historical sampling returned values up to 3.3g/t Au, 72.2g/t Ag, and 2.32% Cu Known zone of alteration measures approximately 2km in diameter IKONOS image 250k gov Mapping, Cu in Rocks & Soils 27

28 La Bufa *Resource and reserve estimates taken from company websites as of April

29 La Bufa Introduction 1940 s production: 1Mt at 2.9 g/t Au, 2.5% Cu, and 2.8g/t Ag from Carmen vein system Along prominent ENE trend of significant mineral deposits such as Batopilas (MAG Silver), El Sauzal (Goldcorp), Alamo Dorado (Pan American Silver) Same host rock as Batopilas (300Moz historic silver production) Sierra Metals nearby small scale operation at Bolivar 25km west of Batopilas, production avg 2% Cu and 10% Zn 8 Recon Generated Targets Additional sub-parallel precious and base metal veins with similar grades and unexplored by modern techniques Recent surface work by Revolution, some limited surface work by Lake Shore Gold 29

30 La Bufa Prospects 0.25% Mo 15.5g/t Au 7.6% Cu 5.38% Zn 47.4g/t Au 4.39% Cu 10.6% Cu 2.38g/t Au 15.2g/t Ag 11.4% Cu 2,170g/t Ag 1.07g/t Au 300Moz Silver Historic Production 2.24% Cu 21.9g/t Au 13.5g/t Au 8.14% Cu 21.3g/t Au 30

31 Carmen Mine (Au-Cu) The main Carmen vein, along with multiple parallel structures, can be traced at surface for 800 meters of strike length Veins at La Bufa are similar to other vein-hosted deposits and mines in Mexico, displaying significant vertical and strike length Drill Hole LB encountered 21.3g/t Au, 40.2g/t Ag, and 2.41% Cu 31

32 San Fernando (Cu-Au) Historic mine, artisanal production 3km west of the Carmen Mine, and 500m south of Golondrina Two veins have been identified, traceable on the surface for approx. 200m Underground channel sampling returned assays of 21.9g/t Au, 1.63%Cu & 7.11g/t Au 2.24% Cu Drill holes LB & 009 encountered 0.5m of 5.6g/t Au and 5.72g/t Au 32

33 Golondrina (Cu-Au) Historic mine, artisanal production 3km west of the Carmen Mine DDH LB encountered 0.5m 4.85g/t Au, 6.67g/t Ag, & 1.06% Cu Quartz-sulphide and gold-copper bearing mineralization, similar structure to San Fernando Grab and chip samples assayed up to 47.4g/t Au and 4.39% Cu 33

34 Cazadores (Cu-Ag) Surface mapping and sampling by Revolution Known mineralized zone is 350m in strike length and width of up to 30m Samples containing copper and silver oxide as well as sulphosalt minerals returned 11.4% Cu and 2,170g/t Ag, and 1.99% Cu, 630g/t Ag, and 1.07g/t Au 34

35 Panalito (Cu-Au) Located 1km northeast of the Carmen Mine, consisting of four quartz-specular hematite veins with abundant copper oxides and occasional chalcopyrite A select chip sample of the westernmost vein yielded a value of 7.11% Cu while channel sample across the vein assayed 4.02% Cu Approx. 150m to the northeast, a 4th vein was sampled and returned a value of 10.6% Cu, 2.38g/t Au and 15.2g/t Ag 15 Samples over an 800 x 400m area averaged 2.08% Cu, 0.206g/t Au and 3.41g/t Ag 35

36 Don Julio (Au-Cu-Zn) 1,500m of strike length, located 6km NW of Carmen Numerous gold-bearing copper oxide-quartz veins and small artisanal mines 10 of 18 grab samples assayed between 1.7 and 15.7g/t Au, averaging 6.22g/t Au Select grab samples also assayed up to 7.6% Cu and 5.38% Zn 36

37 Caballero Azteca (Au-Cu) Historical mine, artisanal production, located 6km southeast of Carmen and similar vein system to San Fernando and Golondrina Historic workings are located in high-sulfidation epithermal veins and breccia zones High grade sample of dump material from workings returned results of 4.51g/t Au, 4.6g/t Ag and 0.75% Cu 37

38 Hornitos (Mo) New molybdenite discovery located 6.5km west of Carmen Mine, 2km south of the Don Julio Prospect 200m square area of sheeted quartz-molybdenite veins hosted within sericitepyrite altered hornfels, with one to three meter separation between veins Chip samples taken on quartz veins returned values of 0.18%, 0.24%, and 0.25% Mo and the 5 samples averaged 0.173% Mo Satellite imagery has identified an altered area several kilometers in length by one kilometer width 38

39 Corporate Contact Aaron Keay President, CEO & Director Office: +1 (604) Mobile: +1 (604) Investor Relations Dylan Berg Manager, Investor Relations Office: +1 (604) Mobile: +1 (604) Revolution Resources Corp. Suite 1500, 409 Granville Street Vancouver, BC V6G 1J1 Canada Office: +1 (604) Toll Free: +1 (888) Fax: +1 (604) Revolution is also listed in the US, OTCPK: RVRCF 39

40 40