TSX.V: ANZ. Nevada Sediment-Hosted Gold Portfolio

Transcription

1 Nevada Sediment-Hosted Gold Portfolio January, 2019

2 FORWARD LOOKING STATEMENTS Some of the statements contained in this presentation are forward-looking statements. Forwardlooking 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. This presentation does not constitute an offer of the securities described herein. Jason Weber, P.Geo., is the Company s Qualified Person as defined under National Instrument He is responsible for the technical disclosure in this document. 2

3 PROPERTY PORTFOLIO Projects in five jurisdictions with excellent discovery potential: PERU NEVADA BC YUKON Yanac PERU ROYALTY Pucarana 1.08% NSR MEXICO ROYALTIES Yago San Pedro Mesquites 1% NSR capped at $1 million on each. East Walker Bellview Horsethief BP Ashby KRL Haldane White River Prospector Mountain MOR Goz Creek Tim 3

4 Nevada Portfolio Premier U.S. jurisdiction for gold exploration and development Primary focus - sediment-hosted (or Carlin-style) gold Extensions of known trends (ie South Carlin Extension Bald Mtn, Kinross) Off-trend potential east of established districts (ie Newmont s Long Canyon Mine, Liberty Gold s Goldstrike project, UT) Alianza portfolio: Two south Carlin Trend properties (BP, Bellview properties) One off-trend target (Horsethief property) Potential Long Canyon look-alike Drilling planned for 2018 Two Walker Lane Trend epithermal gold prospects (Ashby, East Walker properties) Ashby leased to Nevada Canyon Resources 4

5 Horsethief Project Carlin-like gold system, Lincoln County, NV. Window of Cambrian (Dunderberg) carbonate strata in Tertiary volcanics Hematite-rich jasperoid breccia outcrops with gold mineralization Horsethief Property 1 km Horsethief 16miles 26 km Pioche, NV 5 Imagery 2017 Google, Map data 2017 Google 1 km

6 Horsethief Project Geology Window of Upper Cambrian (Dunderberg) carbonate rocks in Tertiary volcanic strata E/W oriented goldbearing jasperoid anomalous in Au, As, Sb Horsethief North Horsethief South 6

7 Horsethief Soil Geochemistry Silver Arsenic All Maps: Au in Rocks (ppb - by fire assay) Gold Labredex Samples (ppm) Canyon Res. Samples (ppm) Mercury 7

8 Horsethief Soil Geochemistry Antimony Molybdenum Au in Rocks Coincident Au, Ag, As, Hg, Mo, Sb anomalies in North, South HT & Stallion targets Associated with complex structure and jasperoid alteration. Potential for gold zones to extend under volcanic cover Anomalous soils S & E of jasperoid zone Newly identified Stallion Zone proof of concept Gold generally stronger in North but pathfinder geochemistry is comparable 8 at South Target

9 Horsethief Magnetics 9

10 Horsethief Chargeability Plan Horsethief North Horsethief South Stallion Horsethief North chargeability weaker to depth Horsethief South chargeability persists to depth and to east. Stallion chargeability persists to depth and southwest, merging with Horsethief South Prime drill target 10

11 Horsethief Historic Rotary Hole Locations 0.79 g/t Au g/t Au RC Drilling pre-dates 2011 geophysical survey 4,233 m ( m, generally <100 m depth) Gold mineralization in jasperoid and 11 silty limestone

12 Horsethief Historic Drill Intercepts Target Area Hole # From (m) To (m) Interval (m) Au (ppm) Grade x thickness (ppmm) Comments North HT Hole ends in intercept North HT South HT South HT North HT North HT North HT Hole ends in intercept North HT North HT Hole ends in intercept North HT-19A North HT North HT South HT South HT South HT South HT Hole ends in intercept North HT South HT

13 Horsethief Geophysics Application Buried targets identified using previous operator s geophysical data in conjunction with new structural geology interpretation Geophysical surveys (post-drilling) incorporated into database and reinterpreted Important tool for tracing favourable carbonate stratigraphy to south and east under volcanic cover Identifying zones of potential mineralization beneath existing targets and in favourable stratigraphy beneath cover rocks Led to identification of compelling new targets beneath limits of prior drilling and new buried target areas. Results: Multiple untested targets at depth with considerable size potential Additional mapping and geophysics to identify new buried targets 13

14 Horsethief Chargeability Plan Maps Horsethief North Stallion Thoroughbred Horsethief South/ Mustang Clydesdale Horsethief North chargeability weaker to depth Horsethief South chargeability persists to depth and to east (Mustang). Stallion chargeability persists to depth and southwest, merging with Mustang Prime drill target 14

15 Resistivity Highlighting Carbonate Rocks Horsethief North Thoroughbred Horsethief South/ Mustang Clydesdale Stallion Resistivity clearly identifies the carbonate stratigraphy Northeast boundary of resistivity likely a graben structure Down dropped carbonate rocks to east Carbonate rocks appear at northeastern corner of property horst block? At depth - looking for chargeability anomalies within resistivity shell Resistivity plan map (1750 m elevation) 15

16 2018 Drill Target Areas g/ton Au (2016 sample) g/ton Au (historic sample) 1.04 g/ton Au (2016 sample) Geophysics, Geology & Drill Targets Geology Jasperoid Dolomite Limeston e Resistivity ( ohm-m) Surficial Geology, Select Rock Geochemistry & Drill Targets IP-Chargeability ( msec)

17 Horsethief Chargeability/Resistivity 3D Potential Drill Holes Resistivity Surface ( ohm-m) IP-Chargeability ( msec) Interpreted Structure Mustang Target: Strong geophysical anomalies at depth may indicate larger mineralized system Targeting large IP anomaly intersecting resistivity Potential source for southern jasperoid (HT South) observed at surface Stallion Target: Drilling jasperoid from surface to test alteration & mineralization at depth Targeting the intersection of resistivity and IP anomalies at depth Develop better understanding of structural complexity Clydesdale Target: Targeting IP anomaly at depth 3D Model Looking East

18 Horsethief Chargeability/Resistivity 3D Resistivity Surface ( ohm-m) IP-Chargeability ( msec) Interpreted Structure Horsethief North Large mineralized jasperoid and carbonates at surface Historic drilling with 4 holes intersecting mineralization at shallow depths (3 holes end in mineralization) Interpreted NE structure indicates potential north side uplift bringing larger jasperoid and stronger mineralization closer to surface Thoroughbred Target: Drilling jasperoid from surface to test alteration & mineralization at depth Potential extension of HT North jasperoid at depth Develop better understanding of structural complexity Potential Drill Holes 3D Model Looking East

19 3D Chargeability/Resistivity Looking NW Targeting coincident resistivity and chargeability anomalies Resistivity shell (reflecting carbonate stratigraphy) Graben structure? chargeability shell (target)

20 Horsethief Project Opportunity Under-explored sediment-hosted gold exploration target Gold in jasperoids and silty limestones: positive indications of significant mineralizing system active on the property. Shallow drilling intersected gold mineralization 4 holes end in mineralization Carlin-style system inadequately tested System may continue in projections of stratigraphy under volcanic cover Next steps: 3D modelling of drilling and IP database (ongoing) Refine drill targets Drilling ( m planned). Permit in hand Jasperoid Breccia outcrops Horsethief North area 20

21 Carlin Trend Southern Extension Two projects located on the southern extension of the prolific Carlin Trend Southern extension potential Rain/Emigrant mine Bald Mountain mine Recent discoveries and deposit definition at Railroad-Pinion project ANZ projects with similar geology to Rain/Railroad-Pinion and Bald Mountain 21

22 Bellview Project Carlin-like gold targets, 13 km north of Bald Mtn Mine on the Carlin-Alligator Ridge trend. Target areas consisting of goldbearing jasperoid and goldbearing argillized, silicified and quartz veined sediments. Small, non compliant resource defined by Teck at Eldorado Dolomite/Secret Canyon Shale contact immediately north of project Potential for relatively shallow Carlin-like system at stratigraphic horizons below jasperoid outcrops NF-381 near Cherry Springs NF-114/Bald Mtn Mine Rd NF-381 Claim Group 22

23 Bellview Project Two prospective horizons at Bald Mtn also present at Bellview: Secret Canyon-Eldorado contact Dunderberg-Hamburg contact Jasperoid Non-compliant Resource area Secret Canyon Limestone Eldorado Dolomite Saddle Target Brecciated, recrystallized and calcite veined Hamburg Limestone thrust over Secret Canyon Fm. IP/Resistivity indicates prospective Eldorado Dolomite lies m below surface Alluvium Hamburg Limestone Saddle Target Cherry Springs Target Secret Canyon Shale CS Target 23

24 Bellview Saddle Resistivity Line 4,436,450 N Saddle Target Saddle Target L4,436,450 N Alluvium Secret Canyon Shale CS Target 24

25 Bellview - CS Target N Anomalous gold (1.2 ppm) and arsenic (297 ppm) from silicified limestone beds (Dunderberg) just above contact with underlying Hamburg. Controlling structures NE, NW trending, prospective zones where structures intersect Hamburg- Dunderberg and Secret Canyon- Eldorado dolomite contacts at depth. 25

26 Bellview Cherry Springs Target Jasperoid at contact of limestone and overlying Secret Canyon shales/silty limestones. 331 ppb Au, 553 ppm As from jasperoid rock chip samples High angle northeast structures controlling gold mineralization intersection with buried Eldorado-Secret Canyon Fm area of significant gold deposition? Cherry Springs Target 500 m 20 RC holes from 1980s no assay data available Holes feet, most < 300 feet deep N 26

27 Bellview Project Jasperoid replaced Eldorado Dolomite Quartz cemented Secret Canyon shale (0.753 ppm Au) 27

28 Bellview Project - Opportunity Three target areas prospective for Carlin-style gold mineralization on the Carlin-Alligator Ridge Trend. Project less than 15 km from operating Bald Mountain gold mine Drill ready 4500 ft RC phase 1 program to test SC and Cherry Spring targets Geophysical surveys indicate the potential for prospective stratigraphy to underlie gold-bearing silicified jasperoid breccias and gold-in-soil anomalies Saddle Zone prospective Secret Canyon Shale/Eldorado Dolomite contact may only be metres below the surface. Soil geochemistry prior to drilling? 28

29 BP Project Carlin-like gold target, 50 km south of the Carlin District on the Carlin-Alligator Ridge trend No apparent prior gold exploration, minor barite workings Untested jasperoid zones identified in reconnaissance program in 2010, 2016 Union Summit Road 29

30 BP Project Jasperoid and clay alteration developed in clastic rocks (debris flows) Carlin style mineralization may exist at depth where series of normal faults intersect prospective stratigraphy 30

31 BP Project - Geology C D Fluid localizing structures? Carbonate and clastic rocks juxtaposed in a horst and graben structure 31

32 BP Project - Cross Section C-D Potential gold horizons interpreted from Cook, 2013 and analogous stratigraphy from Rain Deposit Chainman Fm Inferred Lower Chainman Fm Upper Simonson Formation Unassigned Devonian Strat. Webb Formation? Devil s Gate Limestone?

33 BP Project - Geochemistry Major NW structures potentially controlling fluid flow NE structures with jasperoid occurrences Anomalous gold and pathfinder geochemistry coincident with major NW and NE structures Gold in Rocks and Soils Horst/graben provides structural preparation for fluid migration to prospective stratigraphy interpreted to underlie jasperoid zones. 33

34 BP Project - Geochemistry Silver in Rocks and Soils Barium in Rocks and Soils 34

35 BP Project - Geochemistry Antimony in Rocks and Soils Mercury in Rocks and Soils 35

36 BP Project - Geochemistry Arsenic in Rocks and Soils Molybdenum in Rocks and Soils 36

37 BP Property 16BP-BI025 jasperoid contact with dolomite; abundant qtz/carb veining in dolomite 16BP-BI004 cataclastic debris flow breccia within dolomite unit 16BP-BI019 jointed jasperoid from SE section of BP property adjacent to normal-faulted contact 37

38 BP Project - Opportunity Located on the Carlin-Alligator Ridge trend, near operating Bald Mountain Mine in analogous stratigraphy to Rain Deposit 50 km to north. Under explored project area jasperoid zones associated with NW and NE structures identified in reconnaissance program in 2010, No apparent prior gold exploration, minor barite workings Anomalous gold and pathfinder geochemistry on surface associated with structures. Horst/graben provides structural preparation for fluid migration to prospective stratigraphy interpreted to underlie jasperoid zones. 38

39 BOARD & MANAGEMENT Mark T. Brown, CA-CPA Jason Weber, P.Geo. Winnie Wong, CA-CPA Marc Blythe, MBA, P.Eng. Craig Lindsay, MBA, CFA John Wilson, M.Sc., CPG Executive Chairman President and Director Chief Financial Officer Director Director Director 39

40 Contact Information Jason Weber - (604) x246 40