CORPORATE OVERVIEW June 2018

Transcription

1 CORPORATE OVERVIEW June 2018

2 Cautionary Statements Forward-Looking Information Statements contained in this presentation that are not historical facts are forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; imprecision in resource and reserve estimates; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities regulation, San Marco Resources Inc. (SMN) disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. National Instrument Disclosure This presentation has been approved by San Marco's CEO, Robert D. Willis, P. Eng. a "Qualified Person" as defined in National Instrument , Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Other than the historical information, Mr. Willis has verified the technical information contained in this presentation. This Presentation includes technical information that was generated prior to the introduction of National Instrument Details of the sampling methods, handling, and quality control methods used in the generation of this historical technical data are unknown to San Marco, and the drill material, assay results, true width of intercepts herein cannot be and have not been verified by the Company s Qualified Person for the purposes of National Instrument Quality Assurance & Quality Control San Marco has implemented a quality assurance and quality control programs to ensure sampling and analysis of all exploration work is conducted in accordance with the best possible practices. All sampling programs are carried out in a careful and diligent manner using scientifically established sampling practices designed and tested to ensure that the results are representative and reliable. Quality control programs appropriate to the type of sample and the mineralization are implemented, including such measures as external blanks, standards and duplicate samples. The security of samples from sample acquisition to analysis is a vital component of the sampling process. Procedures include the use of secure core logging, sampling, storage and preparation facilities as appropriate and the prompt, secure and direct shipping of samples to the laboratories. Appropriate sample security procedures are employed given the geographic and topographic conditions and the logistics created by the site location. SMN.V 2

3 Why San Marco MULTIPLE DISCOVERY OPPORTUNITIES DISTRICT SCALE OPPORTUNITIES TRACK RECORD OF SUCCESS Discoveries Financing Partnerships MINING FRIENDLY SONORA, MEXICO SMN.V 3

4 San Marco Resources : Snapshot MANAGEMENT: Proven track record SONORA FOCUS: Prolific mining district SHARE STRUCTURE Market Capitalization ~13M Issued and Outstanding 66,286,082 Options 4,680,000 Warrants 8,152,000 PROPERTY PORTFOLIO PROJECT GENERATION Fully Diluted 79,118,082 Insider Holdings ~15% $1.5M private placement closed Oct 31, 2017 BOARD OF DIRECTORS R. Stuart (Tookie) Angus William H. Myckatyn Robert D. Willis, B.Sc., P.Eng Brian Lock Craig B. Prenter, CGA, CPA Andrew B. Carstensen, P.Geo MANAGEMENT Christian T. Grijalva, B.Sc. CEO SMN.V 4 Fernando J. Costa, CPA, CA - CFO

5 SONORA, Mexico Sonora, Mexico Prolific mining district and history value generating discoveries Infrastructure Year round exploration Low political risk & transparent mining laws SMN.V 5

6 MANAGEMENT: Proven track record Over 200 years combined experience in the mining industry Multiple discoveries Hundreds of millions raised Successful sale of undeveloped assets Ventana Gold Corp. Canico Resource Corp. Track record of generating significant returns for shareholders SMN.V 6

7 Chunibas Project OPPORTUNITY Results to date demonstrate a property wide mineralized system with district scale potential 2018, copper/silver discovery 2017, drilling discovers gold bearing intrusive breccia body. Breccia open in all directions. High grade shear structure and breccia body suggest bulk tonnage target. Size: 530 hectares Minerals: Copper, Gold, Silver Ownership: 100% SMN.V 7

8 2018 Copper/Silver Discovery New discovery Mapped 1.7 km x 250m o Open in all directions Copper oxides (malachite and minor azurite) appear as the result of oxidation of chalcocite and bornite SMN.V 8

9 Copper values over 1.7 km of strike SMN.V 9

10 366503, 5.9 % Cu, 50.7 g/t Ag 10

11 Silver values over 1.7 km of strike SMN.V 11

12 Chunibas 2017 drill hole locations SMN.V 12

13 Chunibas 2017 Drill Hole Results DH From [m] To [m] Interval [m] Au [g/t] CHD Including And And CHD Including And And (last sample at the end of the hole) CHD Including And (last sample at the end of the hole) CHD All breccia High Arsenic/Antimony. Low gold values CHD drilled into andesite roof pendant as noted above Including CHD Including Including Including All holes are drilled at 60 inclination. CHD-01 azimuth ( az ) 90 degrees; CHD-02 az 305 degrees; CHD-03 az 90 degrees; CHD-04 az 90 degrees; CHD-05 az. 90 degrees; and CHD-06 az 315 degrees. True widths are presently unknown, as the discovery holes do not have enough information yet to identify where the holes are located in the mineralized system. SMN.V 13

14 Chunibas Results to date At property scale, the stratigraphy includes Proterozoic sedimentary rock units and Laramide age premineral volcanics and intrusive host rocks. Late Tertiary volcanics as postmineral rock units. So far two main zones have been the object of advance exploration efforts which include, but not limited to: rock sampling, soil sampling, geological mapping and drilling. Exploration project with at least two known mineralized areas both associated to Laramide age rocks. One area is represented by gold ± copper mineralization associated to a Laramide age porphyry-breccia system and a second and recently discovered copper-silver (volcanic hosted) mineralized zone. Recently discovered Cu-Ag (volcanic hosted) mineralization is located along a NW-SE corridor, stretching at least for 1.7km, with at least 250m of width and remains open. Copper oxide mineralization occurs as a product of bornite and chalcocite oxidation. Exploration targets include but not limited to: intrusive breccia hosted disseminated and vein controlled epithermal gold mineralization, porphyry copper mineralization, and volcanic hosted Cu-Ag mineralization. At Chunibas, drill testing is somewhat limited and several targets remain untested. SMN most recent drilling effort includes six diamond drill holes totaling m. Drill results highlights include g/ton Au (CHD-01). SMN.V 14

15 1068 Project OPPORTUNITY New Cu/Au/Mo porphyry system identified from SMN s generative program Potassic altered rocks surrounded by phyllic/clay altered area, leached cap over part of the area Multi phase porphyry system, diorite to dacite porphyry units Maiden drill program planning underway SMN evaluating advancement options Discovery drilling of mineralized zones on a 100% basis Investigate J/V opportunities with third parties Size: Minerals: Target: 1800 hectares Copper, Gold, Moly Large porphyry Ownership: 100% SMN.V 15

16 Project 1068, ALTERATION COLOUR ANOMALY (LOOKING EAST) Photo 1.- Showing panoramic view of Project 1068 colour anomaly (1.6km x1.5 km).

17 1068 Potassic Window

18 IP Survey outlines drill targets

19 Cross section of drill target #1 & 2 (L0N) SMN.V 19

20 Results to date Alteration footprint measuring approximately 2km by 2km which includes a leached cap and a potassic core. At the leached cap and mainly affecting volcanic rocks, phyllic alteration is strong and pervasive with associated quartz-jarosite (after pyrite) veinlets. The potassic core is represented by an stratigraphic window measuring 200m by 100m with potassic alteration and associated copper mineralization. Early «A» quartz and «B» quartzmolybdenite veinlets are present. Copper oxide mineralization is also present. Exploration efforts include ; rock sampling, soil sampling, geological mapping, SWIR spectroscopy studies and geophysics (IP/ RES). Cu-Mo-Au mineralization is up to 0.76%, 2050 ppm and 0.17 g/ton respectively SMN.V 20

21 Advancing 1068 All data integration of geology, geochemistry and IP will allow San Marco to pinpoint additional drill targets. One obvious drill target at a small erosional potassic alteration window already identified. SMN evaluating advancement options Discovery drilling of mineralized zones on a 100% basis J/V discussions with third parties SMN.V 21

22 ONGOING GENERATIVE PROGRAM Objective: Cost effectively identify and acquire properties with hydrothermal systems defined by large alteration zones using San Marco s extensive database plus partnership with GlobeTrotter Numerous areas under investigation SMN/GlobeTrotters Resource Group Inc. (Private) Partnership Using its proprietary database, have successfully identified new porphyry systems in Peru. SMN has exclusivity to use G.T. database which has been completed over the entire state of Sonora, Mexico Project 1068 from generative program ACQUISITIONS EXPECTED IN THE NEXT FEW MONTHS SMN.V 22

23 Howe Street Vancouver BC V6C 2T5 Christian Grijalva, CEO Robert Willis, Co-Chairman of the Board Nancy Curry, Corporate Development SMN.V 23

24 Suanse Property OPPORTUNITY Porphyry Copper and Polymetallic Veins Located in the prolific La Caridad copper belt of northern Sonora, State. At district scale, is strategically located within highly prospective mineral endowed region with high quality exploration copper-moly projects J/V potential Size: 1,115 hectares Minerals: Copper, Gold, Silver, Moly Ownership: 100% SMN.V 24

25 Opportunity Project Highlights The property is located 62 km southeast of the world class Cananea copper mine and 42 km to the north-west of La Caridad mine in the prolific Cananea- La Caridad copper belt of Northern Sonora State. The Suanse property is located adjacent to the Llano del Nogal porphyry copper moly property, controlled by Evrim Resources Corp. and nearby ( 12 kms to the east) Millrock Resources Batamote property. Exploration Plans San Marco geological staff is preparing to do a first-pass ground validation and prospecting work at Suanse. The aim is to assess the alteration cell and look for mineralization within the main Laramide age rock domain and its peripheries, where Late Tertiary (post-mineral) rocks might be obscuring part of any potential mineralized system. Excellent J/V Opportunity SMN.V 25

26 Strategic location & geology SMN.V 26

27 Espiritu SMR Property OPPORTUNITY Porphyry Copper and Polymetallic Veins Located in the prolific Madre Occidental province in eastern Sonora, State. Less than 30 km SE of the SMN s Chunibas and 1068 projects, increasing exploration footprint at a district scale. Located along a NW structural trend where less than 100 km to the S hosts the La India and Mulatos gold mines. Size: 2,712 hectares Minerals: Copper, Gold, Silver, Lead & Zinc Ownership: 100% SMN.V 27

28 La Caridad Este Property OPPORTUNITY Discovered porphyry system and a lithocap. Discovered quartz/sericite/ pyrite hydrothermal breccia No indication of previous sampling Additional detailed property wide exploration warranted Size: 7,759 hectares Minerals: Copper, Gold, Silver Ownership: 100% SMN.V 28

29 La Caridad Este Geology & Sampling Target # SMN.V 29

30 Management & Directors Christian T. Grijalva, B.Sc. (CEO) Over 10 years exploration experience in base & precious metals. Previously worked for Inmet Mining & First Quantum, focusing on target generation and property evaluations in the porphyry copper-epithermal continuum. Fernando J. Costa, CPA, CA (CFO) Over 25 years of accounting, auditing and tax experience. Currently, assurance partner of Manning Elliott LLP. R. Stuart (Tookie) Angus (Co-Chairman of the Board) Independent business advisor to mining industry; former head of Global Mining Group at Fasken Martineau, past(first Quantum Minerals,,Canico Resources, Bema Gold, Ventana Gold, Plutonic Power) or present director of numerous successful mining ventures. Robert D. Willis, B.Sc., P.Eng. (Co-Chairman of the Board) Geological engineer; founder of Geologix, Manhattan Minerals and Pioneer Metals; former mine operator. William H. Myckatyn (Director) Mining engineer; co-founder of Quadra Mining; director of OceanaGold and FPX Nickel. Brian Lock (Director) Director of Castle Peak Mining and CEO & Director of Scorpio Gold. Craig B. Prenter, CGA, CPA (Director) Partner at Manning Elliott LLP, Accountants & Business Advisors Andrew B. Carstensen, P.Geo, AIPG (Director) Geologist; VP Exploration of Anfield Gold; former senior manager exploration at Lumina Copper, Geologix and Manhattan Minerals. SMN.V 30

31 Detailed Share Structure SYMBOL SMN.V Issued and Outstanding 66,286,082 Options * 4,680,000 Warrants** 8,152,000 Fully Diluted 79,118,082 Insider Holdings ~15% * Options are exercisable at prices varying from $0.10 to $0.65 per share. ** 1,430,000 warrants exercisable at C$0.05 until October 16, , warrants exercisable at C$0.15 until April 22, ,222,000 warrants exercisable at C$0.35 until April 30 th, As at February 28 th, SMN.V 31