CSE:MONT PROJECTS: PERU

Transcription

1 PROJECTS: PERU NOVEMBER 2017

2 FORWARD LOOKING STATEMENT This presentation is intended to be strictly informational. The Company reserves the right, at its solediscretion, to modify all or any part of this presentation without any liability or notification to any person. This presentation includes statements which may be considered forward-looking. These forward-looking statements are based largely on the expectations of management of the Company as at the date hereof and are subject to uncertain events and circumstances which are beyond the control of the Company. Actual results could differ materially from those anticipated. You acknowledge that any reliance on or use by you of this information shall be at your own risk. In no event shall the Company, its directors, officers, employees, agents or advisors be liable for any damages of any kind arising out of or relating to the use of this presentation, including, but not limited to, any of loss of income or profits, incidental, special, indirect or consequential or any similar losses or damages, whether or not advised of the possibility of damages, and on any theory of liability, arising out of or in connection with the use of the information contained herein. This document does not constitute, nor should be construed as, an offer or solicitation of an offer for the purchase of any securities of the Company, nor investment advice or an offering memorandum. Readers should review all of the Company s public disclosure including the technical report on its property. No securities commission or similar authority or stock exchange in any jurisdiction has in any way passed on any of the information contained herein. 2

3 COMPANY OVERVIEW Miramont Resources () is a Canadian based exploration company with a focus on acquiring and developing highly prospective mineral prospects within world class belts of South America. The company s key holdings are located in southern Peru. The Cerro Hermoso property hosts a 1.4 km diameter breccia pipe targeting Au, Ag and Cu, Pb and Zn, while the Lukkacha property is host to a large alteration system typical of major porphyry copper deposits. PERU LIMA 3

4 AN EXPERIENCED TEAM WITH A HISTORY OF SUCCESS Bill Pincus, M.Sc., P.Geo. - CEO, President & Director Mr. Pincus has 40 years of experience as a geologist, consultant and executive in the minerals industry. He has held senior positions in FMC Gold (later Meridian), Sunshine Mining and various junior companies. Starting in 2002 he formed Esperanza Resources and served as CEO/ President. Esperanza successfully discovered two deposits in Mexico and Peru before its acquisition by Alamos Gold. He has extensive Peruvian experience having lived and worked there for over 25 years Dr. Quinton Hennigh, PhD, P.Geo. - Chairman, Director Dr. Quinton Hennigh is an economic geologist with more than 25 years of exploration experience with major gold mining firms including Homestake Mining,Newcrest Mining and Newmont Mining. Currently, Dr. Hennigh is President and Chairman of Novo Resources Corp. that is developing a gold project in western Australia, as well as serving as and director of Irving Resources Inc., TriStar Gold Inc., Precipitate Gold Corp and NV Gold Corp. Tyson King - Vice President, Director Mr. King has over 10 years experience in the management of publicly trading and privately held companies within the commodities and natural resources sector. He has been actively engaged in overseeing the day-to-day operations of numerous companies and provides consultancy work on exploration activities. Mr. King holds a BA in Economics from the University of Calgary and is a founder of Miramont Resources. Gordon King - Director Mr. King serves as the President of Goldreign Capital Inc. Mr. King has over 35 years of investment banking and finance experience. He has served on the board of directors for numerous firms in the UK, one of which he was a Co-Founder and Managing Director. Mr. King brings a wealth of finance experience, having been instrumental in raising funds for over 50 publicly trading North American and European companies. Gerry Shields - Director Mr. Shields was engaged in the practice of law from 1979 through 2006 in Ottawa, Calgary and Vancouver, specializing in corporate/commercial law, corporate finance and securities, and mergers and acquisitions. Mr. Shields was a founding shareholder of Rainy River Resources Ltd., a TSX listed gold exploration company and was engaged as Vice President, Administration in Mr. Shields also served as President of Ryland Oil until its sale to Crescent PointEnergy in

5 WHY PERU? Peru is a politically stable and mining friendly jurisdiction where 14% of GDP and 60% of all exports is attributed to the mining industry. Peru is coming off an excellent year of growth. The economy expanded 3.9% in 2016 driven largely by a booming copper business. Peru is currently: The 2nd largest global producer in Copper. The 2nd largest global producer of Silver. The 6th largest global producer in Gold. Cerro Hermoso Lukkacha 5

6 TWO EXCELLENT PROSPECTS Cerro Hermoso Target: Au, Ag, Cu, Pb, Zn Location: SE Peru along regional trend of epithermal & CRD deposits. Deposit Target: Volcanic - hosted bulk tonnage Au - Ag. Additional vein and manto targets also exist. Property Size: Comprised of two concessions covering Ha. Access: Year round access via two lane highway connecting Arequipa and Juliaca. Lukkacha Target: Copper Location: SE Peru along regional trend of giant Southern Peru Cu deposits, Cerro Verde, Cuajone, Quelleveco, and Toquepala. Deposit Target: Cu Porphyry Deposit. Property Size: Comprised of 7 concessions covering 4400 hectares. Access: Paved and all weather road. 6

7 CERRO HERMOSO OVERVIEW 988 Ha Covering 2 concessions 60 kms from Major trade city Juliaca 6 Kms from the supply town of Santa Lucia Year round access via two lane highway 7

8 CERRO HERMOSO IS WITHIN A WELL- KNOWN MINING REGION Located along regional trend of CRD & Epithermal deposits. 10 kms NW -> Ciemsa s Tacaza Cu Mine. 8 kms East -> Valor Mineral s Berenguela mantos Project with total indicated plus inferered resources of 87 millions oz Ag. 55 kms South -> Buenaventura s San Gabriel breccia pipe Au, Cu, Ag project. 8

9 MULTIPLE STYLES OF MINERALIZATION SHOW LARGE SYSTEM POTENTIAL Cerro Hermoso Targets: 1) Principle Target: Volcanic Breccia Pipe bulk tonnage Au - Ag target. 2) Radial Veins Au, Ag - Cu > Pb - Zn -> host to 5 historic high grade mines around the perimeter of diatreme 3) Carbonate Replacement Deposits (CRD) Ag - Cu - Limestones at depth altered by contact with igneous rock reported grades as 115g/t Ag, 8.45% Pb and 8.06% Zn The disseminated Au - Ag together with other styles of mineralization in the district indicate a potentially large mineralized system

10 VOLCANIC PIPE (DIATREME) IS 1.4 KM IN DIAMETER Diameter = 1.4km 10 The diatreme is a steep - sided, upwardly flaring chimney - like structure that is associated to mineralization at radial mines and veins located at the periphery of Cerro Hermoso.

11 SURFACE AND ROCK CHIP SAMPLING RETURNED EXCELLENT RESULTS Au, Ag and Cu have been found in highly anomalous values throughout the diatreme. Channel sampling by previous operators of outcropped breccia units yielded: 50 meters at 1.12 gpt Au, 43 meters at 1.79 gpt Au 91 rock chip samples in 400 x 100m area within the breccia pipe averaged 0.9gpt Au. Other collected samples up to: 15 gpt Au, 6870 gpt Ag +2% Cu 11 *Au - Ag mineralization hosted in the Cerro Hermoso diatreme breccia has the same characteristics as mined vein occurences in the annulus of the diatreme

12 HIGH GRADE CONCENTRIC MINES SURROUND THE OUTLIER OF THE DIATREME COMPLEX High grade vein systems that formed on the perimeter of the diatreme wall have been mined for 40+ years Samples taken from the Cerro Hermoso Vein returned high Au - Ag grades. 3 samples yielded 11.2, 46.8 and 160 gpt Au 5 mines have historically been mined to a depth of 300m - Minsur operated Santa Barbara Mine , milling 740,000T Mined Ag-Cu-Pb-Zn ores, - cut off grades approx: 450 gpt Ag 2% Cu 1% Pb. Minsur Mine has 9 levels to 240m, expanding for over 2km. 12 Reports indicate that ore grade increased to 3% Cu at depth. This mineralized material was never mined nor explored below. Mine abandoned after cave in. Exploration Target 2 Santa Barbara Vein System Exploration Target 1 Disseminated Au - Ag *Integration of the Santa Barbara vein system and Cerro Hermoso diatreme breccia mineralization may be shown by the trace of mine level 3831 that connects Santa Barbara to Cerro Hermoso

13 EXPLORATION MODEL IS WELL - DEFINED Depth limit of mineralization is assumed to be at least as deep as the productive range of the Santa Barbara Vein system - not yet defined at levels below 300m below surface. At Penasquito (Mx), a producing Breccia pipe, Au - base metal mineralization extends from surface to 800m down towards the root zone of the diatreme structure. 13

14 SHOWS SIMILARITIES TO PRODUCING BRECCIA PIPES Penasquito Deposit Model These two cross-sections show a comparison of breccia pipes between Co. Hermoso and the Peñasco breccia pipe; the primary pipe at Gold Corp s Peñasquito deposit in Mexico. Penasquito Mine, GoldCorp, Mexico (9.89M oz Au, 900M oz Ag) 4th largest Silver Mine in the world. The two pipes are of similar: Structural setting Cerro Hermoso Model Scale Style of alteration Associated intrusive rocks suggesting that disseminated Au - Ag mineralization may be found over a long vertical range at Cerro Hermoso.. 14 Breccia Pipe Limestone

15 CERRO HERMOSO EXPLORATION PLAN Q3 Planned: Completed: detailed mapping of veins and attempt to map separate phases of breccia with higher grades. continue channel sampling + rock-chip sampling. Early Q1 2018: map all accessible underground workings. Perform ground-based IP geophysics over diatreme. Q1 2018: 5,000 meter diamond drilling program. 15

16 LUKKACHA PROPERTY LOCATION 4400 Hectares in SE Peru A World Class Cu Producing District Supply town of Tarata is a 2 hour drive from Tacna airport Property is located 8kms from Tarata Property is accessed by all weather road 16

17 LUKKACHA - HUNTING ELEPHANTS IN ELEPHANT COUNTRY Lukkacha is located along the trend of the largest and most productive copper deposits in Peru. Cerro Verde: 3, ,000 tpa Cu Cuajone: 2,075 Mt - 190,000 tpa Cu Toquepala: 2,226 Mt - 130,000 tpa Cu Quelleveco: % Cu A NW-striking belt of copper deposits aligned near the Incapuquio Fault. The geologic setting at Lukkacha is similar to the nearby Toquepala Mine Complex, one of Peru s largest copper mines. Lukkacha is located 50km SE of Toquepala Proximity to border requires special government approval. The application process is now underway. 17

18 LUKKACHA - A NEW PORPHYRY SYSTEM Classic setting for a major buried porphyry Cu deposit. Typical porphyry alteration (propylitic/phyllic) is well defined over three square kilometers. Indicates near top of mineralized zone. Alteration is coincident with anomalous Cu and Mo rock-chip samples. Zones of intense stockwork and sheeted veins show evidence of extensive hydrothermal activity and structural preparation of host rocks to receive mineralized fluids. Tourmaline Breccia body occupies west margin of phyllic alteration zone 18

19 ANOMALOUS CU VALUES ARE CONCIDENT WITH CLASSIC HALO - LIKE PORPHYRY ALTERATION ZONES Alteration mapping should be considered preliminary at this stage Well defined system with anomalous Cu, Mo, Potassium, Bismuth and Zinc over core target region. Similar host rock and alteration leaching to nearby Toquepala Mine complex 19

20 ZONES OF INTENSE SHEETED VEINS INDICATE STRUCTURAL PREPARATION 20

21 ZONES OF CLASSIC STOCKWORK VEINING, LIKE THESE FOUND AT LUKKACHA, ARE COMMON IN REGIONAL PORPHYRY DEPOSITS 21

22 LUKKACHA CONCEPTUAL PROJECT MODEL The combination of : Similar geological setting to along trend porphyry deposits + Present Erosion Level Lukkacha Project exceptional and- strongly developed stockwork and sheeted veins, with a multi phase intrusive center + A large and clear geochemical anomaly Indicate that the property has excellent potential to host a world-class porphyry Cu deposit. Potential Ore Zone Lukkacha Project 22

23 STRUCTURE Overview Symbol: CSE: MONT Outstanding Shares: 50,098,297 Options: 0 Warrants: 4,233,332* 20,000,033** Fully Dilluted: 74,331,662 Cash Position (Nov 2017): ~$6,000,000 Management & Insiders Ownership: ~32% *exercise price of $0.15. Expiration date Nov 16, 2018 **exercise price of $0.45. Expiration date Nov 14,

24 CONTACT For more information, please contact: Miramont Resources Corp