Joint Venture & Alliance Opportunities in Mexico

Transcription

1 Joint Venture & Alliance Opportunities in Mexico 1

2 Revolution Mexico Portfolio 2

3 Introduction 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 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 Montaña de Oro: Multiple Base & Precious Metal Targets 26,000 hectares on trend with Coeur s Palmarejo and Pan American s Alamo Dorado 22 targets identified to date, including 17 areas of gold, a CRD discovery, and four undrilled copper porphyries Historical drilling reported 31.2m of 7.0% Zn, 0.94% Cu, 51.48g/t Ag and 0.80g/t Au 3

4 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 4

5 Universo Goldcorp Peñasquito Mine 17.8Moz Au & 882Moz Ag Goldcorp Camino Rojo Deposit 4.0Moz Au & 68.3Moz Ag First Majestic Real de Catorce Deposit 46.79Moz Ag Grupo Mexico Charcas Mine Largest Zn Producer in MX New Gold Cerro San Pedro Mine 3.7Moz Au & 68.4Moz Ag 5

6 Universo Introduction 370,500 total hectares in northern San Luis Potosi Relatively flat topography, modest vegetation and thin overburden in a sparsely populated region 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 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 6

7 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 Lindo Dia (Au) Boulders sampled up to 1.6g/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 Chiqui (Au, Sb) 200m strike length, sampled up to 7.0g/t Au with widespread +1.0g/t Au 7

8 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, SE of Cinco Estrellas. 6,460 tons of past production at 13.7g/t Au and 394g/t Ag Non NI compliant resource estimate: 47,000 16g/t Au, 900g/t Ag Esquivel: Nearby small mine production: 2,640 tons of 13 g/t Au, 90g/t Ag Widespread anomalous Au and Ag, >0.1g/t Majority of targets hosted in carbonate rocks, low angle thrust fault and high angle NNW to EW trending fault controlled mineralization High-level low-sulfidation epithermal Au-Ag characteristics throughout property along with key trace elemental signatures such as Hg, Sb and As. Visible gold from Cinco Estrellas

9 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 42.4g/t Au with 68.2g/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

10 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 7.75 g/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, 100% owned 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 soil samples 10

11 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 11

12 La Bufa Introduction 1940 s production: 1Mt at 2.9 g/t Au and 2.5% Cu from Carmen vein system Along prominent ENE trend of significant mineral deposits such as Batopilas (MAG Silver), El Sauzal (Goldcorp), Alamo Dorado (Pan American) 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 12

13 La Bufa Regional Deposits *Resource and reserve estimates taken from company websites as of April

14 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 4.51g/t Au 14

15 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 veinhosted deposits and mines in Mexico, displaying significant vertical and strike length 15

16 San Fernando (Cu-Au-Zn) 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, 9.15g/t Au, 1.63%Cu; 7.11g/t Au, 2.24% Cu and 4.13g/t Au, 1.13% Cu 16

17 Golondrina (Cu-Au) Historic mine, artisanal production 3km west of the Carmen Mine Historic workings are located in high-sulfidation epithermal veins and breccia zones 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 17

18 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 18

19 Panalito (Cu-Au) Located 1km northeast of the Carmen Mine, consisting of four quartz-specular hematite veins containing 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% 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 19

20 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 20

21 Cabellero Azteca (Au) Historical mine, artisanal production, located 6km southeast of Carmen and similar vein system to San Fernando and Golondrina Historic workings are located in highsulfidation 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 21

22 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 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 22

23 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 It is 25km south of Coeur 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 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 Contact metasomatic skarn deposits with distinct base metal (Pb+Zn) tenors A total of 22 targets have been identified to date, including: 17 areas of gold mineralization, a carbonate replacement discovery, and 4 undrilled copper porphyries Favorable location for mine development with respect infrastructure and local resources 125 drill holes for 30,165 meters by West Timmins Mining 23

24 Montaña de Oro Property Portfolio *Resource and reserve estimates taken from company websites as of April

25 La Dura West (Cu-Ag) Cu-Au Porphyry, including La Concepcion (Zn-Cu-Ag-Au) CRD target The zone, as it has been drill delineated to date, is approx. 400m x 100m Large Cu porphyry system, part of a complex of multiple intrusions that include tonalite, microtonalite, quartz monzonite porphyry, andesite porphyry and granodiorite Historical drill highlights include: 31.16m of 7.00% Zn, 0.94% Cu, 51.48g/t Ag, 0.80g/t Au 18.35m of 5.15% Zn, 0.45% Cu, 25.65g/t Ag 0.50g/t Au 0.95m of 27.22% Zn, 1.03% Cu, 65.44g/t Ag, 0.82g/t Au 7.95m of 6.32% Zn, 1.96% Cu, g/t Ag, 1.34g/t Au 25

26 La Concepción (Zn-Cu-Ag-Au) Replacement Massive sulphide / Breccia Zn- Cu-Ag-Au System Located within La Dura West target area Mineralization occurs as massive sulphide replacements and multi-stage siliceous breccias The zone, as it has been drill delineated to date, is approx. 400m x 100m Strong IP anomoly Breccia zone to the south has strike length in excess of 600m exposed with widths of 50 to 150m Highlight historical drill hole of 4.47m avg. 30.3g/t Ag, 16.5% Zn and 0.97% Cu Abundant placer gold in area 26

27 La Dura East 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 3 areas of interest have been identified through past drilling: 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 27

28 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 28

29 Suby Zone Large (1,500m x 400m) gold-dominant mineralized low-sulphidation epithermal system Disseminated sulphide mineralization occurs in quartz veins, breccias and hematite-epidote altered andesite over a broad area Initial drill testing intersected 13.60m section which returned 0.79g/t Au and 5.19 Ag including a higher grade intersection of 5.51g/t Au and 38.2g/t Ag Orientation similar to a structural fabric also recognized in the Montaña de Oro zone 29

30 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 gossan 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 30

31 La Mora (Au-Cu-Ag) Conceptual Cu-Au IOCG Mineralized zones found in altered and sheared microtonalite 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 31

32 Baboyahui Historic placer gold area Located 7km NNW of La Dura 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 intrucive produced a colour anomaly measuring 4.5km by 2.5km Never drilled Airborne EM with Select Geochemistry 32

33 El Chapote Historic placer gold area 9 samples > 1.0g/t Au 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 Airborne EM with Select Geochemistry 33

34 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 34