Pardo The Pardo JV Project, Joint Venture Ontario Witwatersrand-type Gold March 2015 TSX.V: EDG
Corporate Disclosure The information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. The company is an exploration stage mineral resource exploration company and none of its mineral projects have yet to be proven to be economic. The contents of this presentation is for information purposes only and does not constitute an offer to sell or a solicitation to purchase any securities referred to herein. Forward-looking Statements This presentation contains forward-looking information within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding the company s plans, goals or objectives and future exploration, development, potential mineralization, exploration results and future plans are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are advised not to place an undue reliance on forward-looking statements.
Pardo JV Gold Project, Ontario Model analogous to Witwatersrand Basin in South Africa A Joint Venture with Ginguro Exploration Inc. (GEG) as Operator with 64.5% and Endurance with 35.5%. Located 65 km northeast of Sudbury, Ontario. Road accessible. Covers PreCambrian (Huronian) basal conglomerate analogous to Witwatersrand Basin in South Africa, which has produced 1.7 billion ounces gold. Between 2005 and 2012, 318 vertical drill holes have been completed to target the definition of gold-enriched conglomerate channels. The 2012 JV Drilling Program increased the size of known Trench 2 surface deposit to about 300 x 300 meters. A basin analysis study with Witwatersrand experts prioritized the joint venture claims. 2013 surface prospects with cut channel values up to 36.5 gpt gold over 31 metres and 28.7 gpt gold over 20 metres (estimated true width 2 metres). New 2014 surface discovery with cut channel values up to 10.4 gpt gold over 29 metres and 5.2 gpt gold over 140 metres (estimated true width 4 metres). 2015 Winter Drill program on the 2013 and 2014 Discoveries.
Huronian Basin in Ontario Pardo Project Huronian Supergroup
Huronian Basin Stratigraphy Mississagi Fm. (fluvial, braided river sed.) Pecors Fm. (post-glacial basin/ deltaic deposits) Ramsay Lake Fm. (sandy diamictite) McKim Fm. (turbidite) Matinenda Fm. (fluvial sediments, pyritic U-rich quartz pebble conglomerate, volcanic intercalations) unconformity
Witwatersrand Basin vs. Huronian Basin
Witwatersrand Gold Fields Klerksdorp 175 / 10.4 Far West Rand 275 / 10.9 West Rand 70 / 8.2 CARLETONVILLE POTCHEFSTROOM Carletonville Central Rand East Rand West Rand VEREENIGING Central Rand 250 / 11.1 JOHANNESBURG HEIDELBERG Evander East Rand 320 / 8.6 KLERKSDORP Klerksdorp VREDEFORT Evander 43 / 7.6 BOTHAVILLE Welkom 295 / 8.8 WELKOM KROONSTAD Free State Gold Field Production / Grade (M ozs) (g/t Au)
Braided River Drainage System where gold settles
Witwatersrand Gold Production
Drill Core Comparison Largest/richest gold deposit in the world Pardo Property Analogous geological model
Detrital Pyrite Closely associated with Gold
Pardo JV Project Channel System Targets PARDO BASIN
Pardo JV Gold Project Geology & Drilling
Pardo JV Project - Regional Stratigraphy Distal Deep targets Joint Venture Area Shallow Mid-fan targets
Legend Interpreted Boulder Conglomerate Channels RIVERS LAKES DOLERITE DYKES Pardo JV Project - Cross Section Through Trench 1-2 PD-10-76 556000.000000 76 17 78 96 16 98 97 5.50 6.46 7.12 7.86 8.78 12.33 12.97 13.77 14.28 15.14 16.22 17.24 18.06 18.25 19.20 19.84 20.24 20.91 21.42 22.66 46 48 50 0 1 2 PD-10-76 45 49 51 47 52 53 PD-10-46 PD-07-11 PD-07-18PD-07-20 PD-07-10 PD-07-17 57 58 PD-07-09 PD-07-37 PD-07-03 PD-07-35 PD-07-38 PD-07-51PD-07-53 PD-07-55PD-07-56 PD-07-58 PD-07-60PD-07-61PD-07-62 PD-07-50 PD-07-52 PD-07-54 PD-07-57 PD-07-59 40 PD-07-65PD-07-67PD-07-68PD-07-69 PD-07-66 41 42 43 44 0 54 56 55 99 100 104 105 007 Zone.000000 106 107 108 111 Trench 2 109 112 110 113 13 12 11 61 62 59 63 Drillholes 2010 Drilled!( Planned 1.50 2.60 3.41 4.41 5.00 5.44 5.86 6.09 6.74 7.24 8.11 8.40 8.97 9.31 9.78 10.29 10.58 12.29 13.09 13.86 14.00 0 1 2 3 4 5 PD-10-46 (2g/t/1.71m) PD-07-43 60 PD-09-07 PD-09-10 PD-09-08 PD-09-12 PD-09-09 PD-09-11 70 5183000.000000 PD-10-47 Section 1.50 2.42 4.06 5.00 5.41 6.04 6.61 7.40 8.26 9.02 9.68 10.47 11.00 11.73 12.09 12.50 13.00 13.63 14.77 0 1 2 PD-10-47 (0.91g/t/1.0m) PD-10-41 5.5 6.00 6.74 7.10 8.00 8.14 8.65 9.41 10.03 10.43 10.54 10.91 11.27 12.21 12.71 13.24 13.79 14.07 14.44 14.56 14.67 0 1 2 3 PD-10-41 (1.86g/t/3.53m) PD-10-42 3 3.28 4.34 4.87 6.03 6.51 6.86 8.1 9.16 9.97 10.8 11.6 11.7 11.7 12 12.3 13.1 13.2 13.6 13.9 14 14.9 15.6 15.9 16.1 16.4 17.4 0 1 2 3 4 PD-10-42 (1.3g/t/1.17m) PD-10-43 4.00 5.00 5.40 6.10 6.75 7.46 7.68 7.77 7.90 8.45 8.81 9.08 9.61 9.77 10.86 11.72 12.72 0 1 2 PD-10-43 (1.78g/t/0.22m) PD-10-61 Upper polymictic large pebble conglomerate 5.70 6.13 6.61 6.74 7.42 8.09 8.90 9.26 9.66 10.33 0 1 PD-10-61 PD-10-60 4.20 5.00 5.56 6.19 6.80 7.25 7.89 8.30 8.54 8.99 9.68 9.96 10.96 0 1 Volcanic clast medium to large pebble conglomerate Boulder Conglomerate Basal quartz pyrite conglomerate Archean Basement Proximal Delta Mid-Fan Facies PD-10-60 0 m 10 m 20 m 0 50 100 200 300 400 Meters Pardo_PickleCrow_1956_DDH Pardo_DDH_2006_Collars Pardo_DDH_2007_Collars Pardo_DDH_2008_Collars Ginguro_2009_DDH_Collars 556000.000000
Pardo JV Gold Project 007 Zone Channel Sampling 2013 Discovery
Pardo JV Gold Project 007 Zone Channel Sampling 2013 Discovery
Pardo JV Gold Project Eastern Reef Zone Channel Sampling (2013 and 2014) North Block Middle Block South Block
Pardo JV Project Reef Continuity
Pardo JV Gold Project Eastern Reef Zone Outcrop Stripping
Pardo JV Gold Project Eastern Reef Zone Outcrop Stripping
Pardo JV Gold Project Eastern Reef Zone Channel Sampling (2013 and 2014)
Pardo JV Gold Project Godzilla Zone Channel Sampling 2014 Discovery
Pardo JV Gold Project Godzilla Zone 2014 Discovery Pyrite grain, pyrite pebble, and gold concentrations in matrix between cobbles
Pardo JV Gold Project Higher Grade Targeting Methodology For Mississagi Conglomerate Associated with observed thinning in the underlying Matinenda conglomerate Area of 2015 Winter Drilling
Pardo JV Project 007 Zone Channel Sampling Remove overburden from glacially polished outcrops Then clean with fire hoses 0.5 metre long saw-cut channel samples that weight over 2 kg each
Pardo JV Project 007 Zone 2013 Channel Sampling
Pardo JV Project 007 Zone Mineralization
Pardo JV Project 007 Zone - Visible Gold and Detrital Pyrite
Polished Section of Gold Mineralization Gold Assay of 12.88 g/t Note abundant free gold on edges of detrital pyrite (deposited by river action)
Pardo JV Gold Project 2015 Program Status 2014 NEW GOLD FINDS Program Approved and Drilling to Commence March 2015 Current JV Winter Program includes: Drilling Grid drilling on 25 x 50 grid Focus of grid drilling on the 007 and Godzilla Discoveries Metallurgical studies 007 Zone Eastern Reef 007 Zone Extension Godzilla Zone Western Reef Extension
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