EXPLORING THE TARAIRA GOLD BELT MAR 2014 TSX-V:CSG

Transcription

1 EXPLORING THE TARAIRA GOLD BELT MAR 2014

2 FORWARD LOOKING STATEMENTS This presentation may contain forward-looking statements. These forward-looking statements are made as of the date of the PowerPoint presentation and Cosigo Resources Ltd. does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures and requirements for additional capital. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property interests; risks associated with reliance on historical information; future prices of mineral resources; accidents, labour disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals or financing. Dr. Joseph Montgomery, P.Eng., Executive Vice-President of Cosigo, is a Qualified Person under NI and is responsible for the design and execution of the programs carried out by Cosigo in the Taraira Gold Belt. Dr. Montgomery has reviewed and approved the technical content of this presentation for compliance with NI The technical information on the Machado Project included in this presentation is sourced from Technical Report, Machado Project, Vaupes Department, Colombia prepared for Horseshoe Gold Mining Inc. by Raymond M. Ashley, Professional Geophysicist and dated January 16, 2011.

3 HIGHLIGHTS The Taraira Gold Belt is a large system of gold-bearing ridges in southeastern Colombia and northwestern Brazil Cosigo s work has shown that the ridges host extensive strata-bound gold mineralization with potential for high grades In Colombia, Cosigo controls a large land package, which includes many historic gold mining areas In Brazil, through unique agreements, Cosigo has been granted exclusivity to a 166,000 ha area with more than 400 km 2 of ridge geology The Taraira Gold Belt is potentially one of the largest unexplored gold districts in the world B R A Z I L

4 COSIGO FOCUS AREA Vancouver C O L O M B I A E Q U A D O R P E R U TARAIRA GOLD BELT B R A Z I L

5 TARAIRA GOLD BELT COLOMBIA BRAZIL Large belt of metasedimentary ridges in Colombia and Brazil Taraira Gold Belt geology has similarities with that of the Witwatersrand belt in South Africa Intensely deformed, extensive old sedimentary deposits Fine-grained detrital gold in multiple strata Coarse-grained gold in veins and silicified strata Gold-bearing conglomerate Witwatersrand has produced 40% of all gold mined to date Taraira Gold Belt remains largely unexplored

6 TARAIRA GOLD BELT HISTORY Gold was first discovered in the ridges in 1980s Gold rush with 10,000 miners on Machado and Garimpo ridges Castano Brazil Colombian government started investigating the geology of the area 10,000 ha at Machado was reserved by the Colombian State as an area of national interest and was put out to bid Machado bid was won by Cosigo Machado Garimpo Colombia Libertad Esperanza La Vera 130 km 80 km

7 MACHADO - GOVERNMENT FINDINGS Government reported over 130 artisanal gold mining operations at Machado in early 1990s Evidence of gold mineralization was found along the entire 20 km length of the Machado bid area Government reported 3,600 t of rock mined from small open pit at Cerro Rojo contained 83 g/t Au (Government data, unconfirmed by Cosigo) Government drilled 12 non-targeted, stratigraphic drill holes. Six holes, over a 2.5 km strike-length, contained visible gold

8 100 m MACHADO RIDGE 1 km MACHADO RIDGE B R A Z I L

9 MACHADO RIDGE ACCESS Cosigo Exploration Camp 3,700 ft airstrip at Machado River system is the lifeline of the region

10 MACHADO HISTORIC MINING Open pit gold mine at Cerro Rojo

11 MACHADO HISTORIC MINING Tunnels at Cerro Rojo

12 MACHADO COSIGO WORK Large MMI gold anomaly at the center of the Machado Property

13 MACHADO COSIGO WORK

14 TARAIRA MINERALIZATION IS COARSE Small samples will underestimate true gold grade in a coarse gold environment Coarse gold grains Barren Low grade Increasing sample size High grade

15 TARAIRA MINERALIZATION IS COARSE Samples From the Agamenon Adit at Machado Two 1 kg one meter long channel samples Screen fire assay 0.73 and 0.98 g/t gold Low grade A 617 kg rock sample blasted from the same location Crushed and blended Two 10 kg sub-samples assayed 37.6 and 27.2 g/t gold 88% of the gold was recoverable by gravity High grade

16 MACHADO DRILL PROGRAM Summer 2013 drill program focused in the Cerro Rojo sector Site of the strongest MMI anomaly Abundant historic workings Easy logistics Drill permit restrictions 20 drill holes totalling 1,168 m Reverse circulation with hole depths up to 95 m Average hole depth 58 m Entire sample collected in 5 ft increments

17 MACHADO DRILLING

18 MACHADO DRILL HOLES NW 4.44 g/t Au over 3.04m 2.53 g/t Au over 13.72m 1.11 g/t Au over 21.34m 1.59 g/t Au over 3.04m Au assays 1.76 g/t Au over 6.09m g/t Au over 3.04m SE 0.50 g/t Au over 15.24m 0.66 g/t Au over 1.52m 800 m (not to scale)

19 MACHADO DRILL HOLES NW SE Downhole chemistry - Al and Ba

20 MACHADO DRILL HOLES NW SE

21 MACHADO DRILL HOLES

22 FAULT ZONE MACHADO DRILL HOLES Gold Reef 1 Gold Reef 2 Gold Reef m (not to scale)

23 FAULT ZONE MACHADO DRILL HOLES Gold Reef 1 Gold Reef 2 Gold Reef m (not to scale)

24 MACHADO SUMMARY Large samples have shown high gold grades in a coarse gold environment Bulk samples ran 32.4 g/t Au Five 40 kg samples averaged g/t Au Drilling proves that mineralization is strata-bound and widespread Single drill holes able to show where gold is rather than how much Historic gold production over 20 km of the ridge Gold-bearing horizons are known to exist below the strata intersected by Cosigo s drilling Two of the biggest producers, Castaneda and Chile Gold-bearing conglomerate

25 TARAIRA GOLD BELT IN BRAZIL La Vera ridge (Brazil) seen from Cosigo s field camp at Machado (Colombia)

26 TARAIRA GOLD BELT IN BRAZIL Brazilian side of the border is host to Gold showing very large metasedimentary ridges Castano Brazil More than 400 km 2 of ridge outcrop Artisanal mining has occurred at La Vera, Castano and in many locations easily accessed from the rivers Machado Garimpo Colombia La Vera Libertad Esperanza 130 km Brazilian Geological Survey maps show numerous gold showings in the area 80 km

27 BRAZIL COSIGO AREA OF EXCLUSIVITY Thanks to its work in Colombia, Cosigo is also well-known in Brazil Machado Colombia Colombia Castano Brazil Esperanza La Vera Native communities invited Cosigo to explore in their territory In December of 2012, Cosigo signed an exclusive Declaration of Intent with the community of Jose Mormes Declaration grants Cosigo the exclusive right to explore and develop mining opportunities in a 166,000 ha area Provincial Government very supportive of Castano pilot project starting in 2014 Cosigo s 3-year exclusivity period starts on receipt of project approvals Area of exclusivity includes known gold occurrences on the Castano, La Vera and Esperanza ridges

28 BRAZIL - CASTANO At Castano, a 900 m x 150 m area has been worked on surface by local miners The majority of the exposed metasedimentary strata are gold-bearing Initial rock sampling returned gold values up to 298 g/ton Further gold recovery operations occur along strike of this open-ended zone of gold mineralization

29 BRAZIL - CASTANO

30 Level 1 Level 2 Level 3 BRAZIL - CASTANO Preliminary geological interpretation?

31 BRAZIL - LA VERA The La Vera ridge hosts abundant historic workings as well as a few current artisanal mining operations No modern systematic exploration work has been carried out at La Vera Cosigo s initial random grab samples returned 2.27 to 304 g/t gold Hardrock workings at La Vera s Level 4 Several reefs of gold-bearing strata of varying thickness have been identified to date In the locales studied at La Vera to date, mineralization is hosted by orthoquartzite strata La Vera grab sample assays

32 BRAZIL - LA VERA Channel sampling has traced gold mineralization for over 750 m along strike with gold values up to 17.3 g/t Splits from a 200 kg Mini-bulk sample contained on average 3.5 g/ton gold La Vera Mini-bulk sample results No visible gold was observed in the 200 kg sample, however, assays show that a fair portion (avg. 45%) of the gold is coarse (i.e. > 100 µm) Mineralization remains open-ended, rivals Machado in size Operating ballmill at La Vera

33 DIRECTORS & MANAGEMENT Dennis Milburn - President & CEO, Director Geologist and Chartered Accountant Over 40 years in the mining and mining finance industries Involved in raising more than $700 Million for mineral exploration Dr. Joe Montgomery - Executive VP Expl, Director Professional Engineer and PhD in Geology. P.Eng Extensive international geological experience Director of Anglo Potash, which was acquired by BHP Billiton in 2008 Andy Rendle - VP South American Ops, Director Raised in Colombia Fluent in Spanish and South American business culture 18 years experience in the Colombian and Brazilian mineral industries Magnus Haglund - Exploration Manager, Director MSc (Geology), P.Geo 15 years experience in the mineral exploration industry with management positions in both private and publicly traded companies Pat Mooney - Director More than 30 years of drilling and exploration experience Expert on cost-effective and rapid drilling systems Edward G. Robinson - Director Chartered accountant and business valuator Over 35 years experience in the finance and mining finance sectors Christine Aney Chief Financial Officer Chartered Accountant Long career with both public and private resource companies

34 SUMMARY Being first in the region, Cosigo is in a position to take advantage of opportunities in the Taraira Gold Belt with outstanding potential for multiple major gold discoveries Work to date has identified several areas of gold mineralization, both in Colombia and Brazil Bulk sampling has highlighted the high grade potential and drilling has shown that the area hosts strata-bound gold Cosigo s agreements with Brazilian native communities grants Cosigo an exclusive right to explore and develop mining projects in an area with more than 400 km 2 of prospective geology Plans for Phase II drilling at Machado and bulk sampling at Castano are currently being drawn up

35 SHARE STRUCTURE Shares issued: 77.6 Million Fully diluted: Million Warrants outstanding: 29 Million Options outstanding: 6.7 Million

36 Suite 1500, PO Box 1078, 885 West Georgia St. Vancouver, BC, V6C 3E8 Phone: (North America) (International) For more information, please contact: Dennis Milburn, President & CEO Phone: CSG:TSXV