Chile. Exploring Two Historical Au-Cu Mines TSX-V: APN OTCQB: ALTPF FWB: 9AJ1. March 3,

Transcription

1 TSX-V: APN OTCQB: ALTPF FWB: 9AJ1 Chile Exploring Two Historical Au-Cu Mines March 3, 2018 www.

2 CAUTIONARY STATEMENT Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company s control, and that future events and results may vary substantially from what the Company currently foresees. Documents outlining the various factors that may affect future results are available at The Company s forward-looking statements are expressly qualified in their entirety by this cautionary statement. As part of its ongoing program, Altiplano is carrying out the recommendations contained in the APEX Report of February 10, 2017 filed on SEDAR for the exploration development of the Farellon project and is also relying upon past production records, underground sampling and related activities and current diamond drilling to estimate grade and widths of the mineralization. There are no mineral resources or reserves on the property and the current mineral exploration activities are intended to be part of a program to determine if mineral resources can be identified. No production decision has been made at this time. Should a production decision be made without completing a feasibility study demonstrating economic and technical viability, there would be increased uncertainty as well as economic and technical risks of failure associated with such a production decision. TSX- V : APN Osbaldo Zamora, M.Sc., P.Geol., a Qualified Person as defined by NI , has reviewed and 2

3 Corporate Data Shares Issued Fully Diluted Working Capital (fully diluted working capital est. $2.37 M) Market Cap Options (average exercise price $0.15, expire ) Warrants (average exercise price $0.17, expire February 2019) 55.2 M 60.9 M $1.43 M $24.85 M 1.95 M 3.71 M Share Price (10 day average closing price on TSXV Feb 28, 2018) $0.45 All dollar figures on this page are Canadian currency and estimated as at February 28,

4 Management John Williamson, B.Sc., P.Geol., Chairman, CEO, President and Director - John has served as Founder, Chairman, President, CEO, CFO or Director of more than 20 listed companies in Canada and Australia. On more than one occasion his team s efforts have been recognized for excellence by being named to the TSX Venture 50 TM. Osbaldo Zamora Vega, Officer, VP Exploration - Osbaldo has a B.Sc. in Geology from the Autonomous University of San Luis Potosi, Mexico; an M.Sc. in Geochemistry from the National Autonomous University of Mexico; and a Ph.D. in Economic Geology from the University of Alberta. He has 17 years of diversified geological experience ranging from exploration to mining. Jeremy Yaseniuk, VP Corporate Development, Director Jeremy has assisted 12 companies in going public, facilitated restructuring debt for 3, directly raised more than $25 million and participated in raising more than $300 million as a group effort. Justin Bourassa, CFO Justin is an entrepreneur with over 11 years of experience in the financial management, governance and reporting of both private corporations and publicly-listed exploration and mining companies operating in North and South America, Australasia and Africa. Please refer to the website for full bios on Management and other Directors. TSX- V : APN 4

5 Directors Sean Mager, Director - Mr. Mager holds a BCom degree from the University of Alberta s School of Business and has thirty years of experience in the formation, finance, promotion, development, management, governance, merger, acquisition and disposition of private and public enterprises. Since 1998, he has served as Advisor, Director, President, Vice President, Chief Operating Officer and/or Chief Financial Officer for TSXV and ASX listed companies with operations in logistics, mineral exploration and mining industries and interests in North and South America, Africa and Australasia. Ian McPherson, Director - A graduate of Queen's University, Mr. McPherson has broad business acumen, having worked extensively in branding, strategic planning, marketing and advertising in both domestic and international markets across diverse industry categories. In addition to his current role as Director of Aston Bay Holdings Inc., he has served the junior resources sector in recent years in investor relations, corporate development and financing roles. Jamie Hutton, Director - Mr. Hutton currently consults for various companies in the diamond drilling industry. For six years, his role was General Manager of Foraco Canada Ltd., Western Division, a position he held since Connors Drilling Ltd. was sold to Foraco International on February 1, He oversaw the bidding, operational and administrative activities of Foraco Drilling Ltd. which conducts contract diamond drilling operations in western Canada, NWT, Nunavut and Yukon. Mr. Hutton holds a BSc degree in Geophysics from the University of British Columbia (1972) and a Diploma in Sales and Marketing from UBC (1979) TSX- V : APN 5

6 Most Recent Success Stories North Country Gold John Williamson, Founder, Discoverer, Officer, Director Committee Bay Project, Nunavut, Canada; 2.5M oz Gold Sold to Auryn Resources in 2015 for $1.48/share (65% premium to 20 day volume weighted average) Brilliant Mining John Williamson, Co-Founder, Officer, Director Won $40M arbitration settlement Returned over $60M to shareholders as return of capital, initiated and completed change of business to FCF (Founders Advantage Capital Corp.) which grew to a market cap of $120M Kaminak Gold John Williamson, Co-Founder, Officer, Director Coffee Gold Project, Yukon, Canada Sold to Goldcorp in 2016 for $520M or $2.62/share (40% premium to 20 day volume weighted average) 6

7 Building on Expertise, Experience and Opportunity Building exploration and development capacity on site Focusing on relationships and results, modern exploration methods Maximizing potential on existing properties, identifying new opportunities Targeting medium to large Cu-Au porphyry, IOCG and high grade vein systems TSX-V: APN a lt i p l a n o m i n e r a l s. c o m Innovative marketing and communicatio n with investment community 7

8 Chile Strategy Exploring two historical mines toll milling TSX-V: APN a lt i p l a n o m i n e r a l s. c o m 8

9 Why Chile? Geology & Infrastructure Excellent exploration potential for: High grade, near surface IOCG and high-sulphidation epithermal Au (Au-Cu), and Porphyry Cu (Cu-Au) deposits Progressive Mining Jurisdiction: Rule of Law, Modern Economy Small Scale Mining Regime Government Mill Local Expertise & Infrastructure 9

10 Advantages of Toll Milling vs. Owning a Mill REDUCED RISK LOWER COST Not dependent on only one source of ore Faster path to production and cash flow Less impact from commodity price fluctuations Less permitting and development costs/challenges Protected margins Less capital investment Reduced payback period 10

11 Plug and Play Strategy Farellon IOCG Cu and Cu-Au mineralization with recent production 300,000 tonnes at an average grade of 2.5% Cu and 0.50 g/t Au (Comet Exploration, 2016) High grade (>1% Cu), near surface, vein style mineralization 341m of adit (decline) development with utilities (air, power and water) Planned work includes an extension to 500m as well as a escapeway and vent raise Cu (in magnetite) Farellon Vein intersected along 250m of the decline Recent intersections include: 9.45% Cu / 1.14m* and 10.29% Cu / 0.76m* (*core intervals) 11

12 Plug and Play Strategy Maria Luisa Lower levels of Au-Cu high-sulfidation mineralization with historical mining Two major NW and NS mineralized structural systems. Historical mining from the main NW system only. The NS system remains unexplored. Structures range 1 5 m in width and are traceable for ~500m along strike. The mineralization was emplaced in two different stages. Stage I (Au-rich) consists of hematite-quartz veins. Stage II (Cu-rich) consists of magmatichydrothermal breccia cemented by quartzchalcopyrite. Recent drilling intersected both Au- and Cu-rich stages of mineralization 6.95 g/t Au / 0.98m (hole 17MLD001) and 5.09% Cu / 0.60m (hole 17MLD003) 12

13 Growth Plan Stage 1 Farellon Site progress January 2017 vs. January 2018 Then & Now 13

14 Growth Plan Stage 1 Farellon Site progress Portal fortification and ventilation system Then & Now 14

15 Growth Plan Stage 1 Farellon Farellon Geology location of veins on property Three separate and discreet highgrade IOCG veins: Farellon, Laura and Rosario Veins strike NE, dip ~72 SE, and have been traced in outcrop and underground workings for more than 1.2 km The veins average width is ~2m and are mineralized over much of their strike length Region IV, Chile 15

16 Growth Plan Stage 1 Farellon 395M Level Channel Sampling January m developed along the vein at the 395M Level. The vein width ranges between 2 and 2.9m and exhibits magnetite- and chalcopyrite-rich bands. Systematic channel chip sampling was completed every ~3m High-grade composites ( %Cu, %Fe, and ppm Au) vary in width from 1.09m to 2.25m Samples include intervals of 0.5m with up to 10.3 Cu% 16

17 Growth Plan Stage 1 Farellon Farellon Geology Longitudinal Section January 2018 Historical production of ~300,000 tonnes at an average grade of 2.5% Cu and 0.50 g/t Au (Comet Exploration, 2016) Vein intersected between 95m and 350m along decline Drill intersections range between 1.6m and 3.1m in average length with a range of grades between 1.17% and 6.11% Cu A higher-grade zone from 290m to 341m contains grades up to 10.29% Cu / 0.76m, and is open to the NE (for 2017 drill intersections see press release dated November 10, 2017) 17

18 Growth Plan Stage 1 Farellon Farellon Geology Orthogonal View January 2018 Planned stope of 49m along mineralization from the 395M Level to the Almendro Tunnel (40m height). Decline advanced to 341m of planned 500m, 40m beneath the Alejandro adit where Cu-Au was mined to a depth of 70m Planned 2nd escape way and vent rise to the Almendro tunnel (for 2017 drill intersections see press release dated November 10, 2017) 18

19 Growth Plan Stage 2 Maria Luisa Maria Luisa Geology Two major NW and NS mineralized structural systems. Historical mining from the main NW system only. The NS system remains unexplored. Structures range 1 5 m in width and are traceable for ~500m along strike. The mineralization was emplaced in two different stages. Stage I (Aurich) consists of hematite-quartz veins. Stage II (Cu-rich) consists of magmatic-hydrothermal breccia cemented by quartz-chalcopyrite. Region III, Chile 19

20 Growth Plan Stage 2 Maria Luisa Mapping and Drilling Completed surface mapping, underground mapping, drone DEM surveying and underground surveying and surface diamond drilling. Historical production was primarily gold. Current work indicates several Au- Cu vein systems exist, that have over 250m in strike length and extend to at least 120m below surface. 4 diamond drill holes from surface intersected mineralized veins. Assays show grades up to 6.95 g/t Au / 0.98m (hole 17MLD001) and 5.09% Cu / 0.60m (hole 17MLD003). (for 2017 drill intersections see press release dated November 10, 2017) 20

21 Milestones Year 1 Rapid Advancement & Earn-In Initial Drill Results Sampling results at Maria Luisa Fieldwork at Maria Luisa Drill Results at Farellon Maria Luisa Exploration & Development Maria Luisa Farellon Phase I Drill Infrastructur Results e Initial drill results at Farellon include Copper Underground sampling at Maria Luisa identified gold grades up to 25g/t Au across 1.6m in rock chip samples (supergene enriched zone 826M Level) Property wide DEM drone aerial surveying, mapping and sampling 27 Underground drill holes at Farellon yield up to 6.1% Cu/3.1m (full results, see press release Nov 10, 2017) TSX- V : APN Geological mapping, diamond drilling, stations for undergroun d drilling Portal fortification and forced ventilation system Drill results from phase 1 holes show grades up to 6.95 g/t Au in 0.98m and 5.09% Cu in 0.60m Indicates completed Indicates ongoing Indicates planned 21

22 Milestones Year 2 Acquisition & Acceleration Earned-in to initial 50% interest Appointed as Operator Acquire remaining 50% interest Improve Capacity and Infrastructur e Farellon Bulk Sampling Farellon Mineralization Altiplano spent $2mm in 2017 to earn-in to 50% interest in Farellon and Maria Luisa Altiplano assumed operatorship of the Farellon and Maria Luisa Projects TSXV accepted an agreement for Altiplano to acquire the remaining 50% of the Projects Develop 395M Level decline along vein, 2 nd escapeway and vent rise. Acquire equipment and staff to optimize efficiency Toll milling of 2,000 tonne bulk sample continues while 5,000 tonne bulk sample program underway Initial Resource Estimation in Progress Indicates completed Indicates ongoing Indicates planned TSX- V : APN 22

23 Appendix TSX-V: APN a lt i p l a n o m i n e r a l s. c o m

24 CONTACT US in LinkedIn/Altiplano Minerals Head Office Suite 210, Street Edmonton, Alberta Canada T6P 1L3 Vancouver Office Suite 717, 1030 W. Georgia Street Vancouver, BC Canada V6E 2Y3 24