AIM & PLUS: MARL. Gold, Silver & Copper in Chile & Argentina July 2008

Transcription

1 AIM & PLUS: MARL Gold, Silver & Copper in Chile & Argentina July

2 D I S C L A I M E R The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act Reliance on this promotion for the purposes of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. This presentation ( Presentation ) relating to Mariana Resources Limited (the Company ) does not constitute or form part of, and should not be construed as an offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in the Company in any jurisdiction. Neither the Presentation, nor any part of it nor anything contained or referred to in it, nor the fact of its distribution, should form the basis of or be relied on in any connection with or act as an inducement in relation to a decision to purchase or subscribe for or enter into any contract or make and other commitment whatsoever in relation to any such securities. In particular, details included in this Presentation are subject to updating, revision, further verification and amendment and refer to events as having occurred which have not occurred at the date of this Presentation but which are expected to happen in the future. Any decision to purchase or subscribe for securities in the Company should be taken on the basis of information to be contained in the admission document to be issued in due course. This presentation does not constitute a recommendation regarding the securities of the Company. The contents of this Presentation are confidential and may not be copied, distributed, published or reproduced in whole or in part, or disclosed or distributed by recipients to any other person. No reliance may be placed for any purpose whatsoever on the information or opinions contained in the Presentation or on its completeness, accuracy or fairness. No representation or warranty, express or implied, is made or given by or on behalf of the Company or its directors, officers, employees, agents or advisers as to the accuracy, completeness, or fairness of the information or opinions contained in the Presentation and no responsibility or liability is accepted by any of them for any such information or opinions. This presentation is exempt from the general restrictions in section 21 of the Financial Services and Markets Act 2000 ( FSMA ) on the communication of invitations or inducements to engage in investment activity on the ground that it is only being made to or directed at persons who fall within the exemptions contained in article 19(1) (investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order ) and persons who are otherwise permitted by law to receive it (together relevant persons ). This document must not be acted on or relied on by persons who are not otherwise permitted by law to receive it (together relevant persons ). This document must not be acted on or relied on by persons who are not relevant persons. Any recipient of this Presentation who is not a relevant person should return this Presentation to the Company immediately, not attend the presentation and take no other action. The information contained in this Presentation is not for publication or distribution to persons in the United States of America and it s territories or possessions or to any US person (within the meaning of Regulation S under the US securities Act of 1933, as amended). Neither this Presentation nor any copy of it may taken or transmitted to Ireland or Japan or to any securities analyst or other person in any of those jurisdictions. Any failure to comply with this restriction may constitute a violation of United States, Irish or Japanese securities law. The distribution of this Presentation in any other jurisdictions may be restricted by law and persons into whose possession this Presentation come should inform themselves about, and observe such restrictions. By attending this presentation, you agree to be bound by the restrictions in this disclaimer. 2

3 JOHN SUTCLIFFE, M.D years in South America El Valle, Spain, Gold discovery, Rio Narcea Mine Rio Blanco, Ecuador, Gold discovery, mine in development Pallancata, Peru, Silver-Gold discovery mining started July 2007 Dos Amigos, Chile, Copper, producing copper Mine JOHN HORSBURGH, Chairman Co-founder Solomon Pacific & Cullen Resources Brocks Creek, N. Territory, Gold discovery, mine to takeover 3 The 2 Johns Team

4 Grahame Hamilton Exec Director Roger Thomson Non-Exec Director Ray Angus Non-Exec Director Walter Espinosa G.M. Chile Dr. Raul Guzman G.M. & Attorney, Ecuador Dr. Gustavo Rodriguez G.M. Argentina 4 The A Team

5 The Projects CHILE BUENAVENTURA copper gold PERRO CHICO copper gold ARGENTINA SANTA CRUZ JV bonanza silver SANTA CRUZ Mariana applications LA BORITA 5 copper

6 6 B. Aires

7 7 The Partners

8 San Jose (1.5 Moz Au eq) Cerro Negro (2.3 Moz Au eq) La Paloma (0.5 Moz) SIERRA BLANCA Pinguino Don Nicolas (0.3 Moz) Cerro Vanguardia (6 Moz Au) Cerro Moro Mina Marta (6 Moz Ag) Manantial Espejo (1.3 Moz Au eq) 8

9 Sierra Blanca IAMGOLD JV Pingüino Concession Cañandon Largo Concession Sierra Blanca Concession SB 1, 2 SB 13 SB 14 SB 9, 10 CL 3, 4 SB 11, 12 SB 3, 4 SB 6 SB 7, 8 CL1, 2 JV areas Argentex discovery: 1,095 g/t Ag, 0.9 g/t Au 917 g/t Ag, 8.3 g/t Au 9

10 Sierra Blanca -Targets Cerro Bola Lucila Veta Chala Veta Chala Modern cover Tertiary basalts Ignimbrites Volcaniclastics Continental sediments Drill holes Vein pattern (~30 km) Hydrothermal alteration Vetarron Vetarron 10

11 12

12 Veta Chala, - channel sampling 2,362 g/t silver (76 oz/t)!"!)5%&!/3&'&(&4.$)"&*+,&-*.&!/5&*+,&-0&!"!)4%&!.)&'&(&144&*+,&-*.&"/4&*+,&-0&&!"!)2%&!&'&(&).#2"&*+,&-*.&!/4&*+,&-0&!"!#"%&"/2&'&(&&3.11"&*+,&-*.&"/5&*+,&-0&!"!#!%&!&'&(&3.#3"&*+,&-*.&3/1&*+,&-0&&!"!#3%&!&'&(&&!.4)$&*+,&-*.&3/"&*+,&-0&!"!#)%&!&'&(&&#3!&*+,&-*.&"/)&*+,&-0&&!"!##%&!&'&(&!.12$&*+,&-*.&!/1&*+,&-0&!"!#$%&!&'&(&!)"&*+,&-*.&"/"$&*+,&-0& 13

13 Veta Chala, - trenching (in red) 14 Chala - 2,300m combined vein length, 1,690m with bonanza to high grade Ag/Au

14 The Partners 15 Veta Chala, - trenching

15 16 Veta Chala - Channel sampling results

16 Veta Chala, - silver minerals Cerargyrite, AgCl Native silver 17

17 The Partners 18 Veta Chala, up to 25 g/t gold in outcrop

18 Cerro Bola Lucila Veta Chala Veta Chala Modern cover Tertiary basalts Ignimbrites Volcaniclastics Continental sediments Vein pattern (~30 km) Hydrothermal alteration Vetarron 20 Veta Chala Lucila, a 4 km vein trend

19 Lucila Vein, 1.8 km long Low temperature silica Gold, silver & pathfinder anomalies Marked IP & Resistivity anomalies 21 Lucilla vein, - a high level epithermal vein

20 23 Lucila Zone, IP (upper) & resistivity (lower)

21 Veta Chala Cerro Bola Modern cover Tertiary basalts Ignimbrites Volcaniclastics Continental sediments Vein pattern (~30 km) Hydrothermal alteration Vetarron Vetarron 25 Vetarron, a large vein system

22 Vetarron Zone 1.6 km long, 350 m wide marked IP and Resistivity anomaly multiple stockworks and breccias anomalous gold (up to 10.6 g/t) in rock strong pathfinders (Hg, Sb, As) indicates high epithermal level 26

23 27 Vetarron IP (top) & Resistivity

24 28 Vetarron, - vein breccias

25 Amigo area Pampa de Tongoril 29 Mariana New Concession Applications (> 100,000 Ha)

26 Amigo area, with up to 240 g/t Ag, 0.4 g/t Au in recce samples Amigo sinter detail Pampa de Tongoril, vein breccia Bozal II area, vein stockwork 196 g/t Ag, 0.22 g/t Au 30 New concession areas, - features of interest

27 Puruya La Borita Alumbrera % Cu, 0.5 g/t Au Aerial Mag Low anomaly Travertine Cu deposit Agua Rica 750 Mt 0.6% Cu, 0.2 g/t Au! Mining-friendly Catamarca Province! Copper-bearing travertine overlying impressive magnetic low! Option to purchase 100% - $900,000 over 4 yrs! Positive geophysical survey (Quantec)! Mag and IP data show common signature of low-magnetite porphyries La Borita Group Of Concessions 31

28 34 La Borita - copper bearing travertines overlaying geophysical anomaly

29 35 Chile a prime exploration destination

30 36b Atacama Fault Zone, - worlds largest concentration of IOCG s

31 38 Gravity geophysics will test for concealed targets

32 39 Copper mineralization in specularite breccias

33 40 Buenaventura Project, gravity anomalies

34 41

35 Belleza Zone Carolina Zone Cerro Negro Zone 42 Perro Chico copper-gold in skarns & breccias IOCG potential

36 Belleza Zone Carolina Zone km Option Area Mariana applications 43 Perro Chico concessions (100% Mariana)

37 500 m zone of copper skarn mineralization 44 Belleza Zone (looking E)

38 Perro Chico Property PC-16 1m 0.9 % Cu 0.3 g/t Au PC m 1.9 % Cu 1.4 g/t Au PC m 4.3 % Cu 1.0 g/t Au PC m 0.8 % Cu 0.1 g/tn Au 45 Manto de Belleza, old workings - with up to 4% Cu

39 Quito C o l o m bi a!! E C U A D O R World-class gold/copper discoveries Draft mining law being expected shortly E c u a d o r FIERRO URCO JV (APEX SILVER)! Apex earning 70%, - JV on hold! Bonanza gold grades Fierro Urco La Virgen Quimsacocha FDN (Aurelian) Major gold deposits Mariana Projects! LA VIRGEN (MARIANA 100%) Veins with bonanza gold, P e r u 47 Ecuador mining companies await new rules

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41 Capital Structure!! AIM and PLUS listed - MARL!! Mariana Resources (Guernsey) Share-issuing entity!! 54.6 M ISSUED CAPITAL!! OPTIONS 14.1 M!! DIRECTORS/MANAGEMENT 14.5% OF ISSUED CAP!! MARKET CAP APPROX. 4.6 M!! TRADING RANGE June

42 Capital Structure Significant shareholders >3% holding (as at 30 June 2008) No. of shares held! % held! Morgan Stanley Nominees Limited 5,100,000! 9.35! Credit Suisse Client Client Services (UK) Ltd 4,950,000! 9.07! BNP Paribas (UK) Ltd 3,818,352! 7.00 Roy Nominees Limited 3,805,000! 6.97! Chase Nominees Limited 3,400,000! 6.23! Raymond Angus 3,154,300! 5.78 Apex Silver Mines Ltd 3,117, Goldman Sachs Securities (Nominees) Limited 2,725,000! 5.00! Total! 30,070,152! 55.12! 51

43 An investment in Mariana!! Bonanza silver discovery in Santa Cruz!! Highly prospective targets!! Drilling 5 targets 2008!! Globally recognized partners!! Discovery-driven team!! Stock tightly held, 120 shareholders 53