QUITO PROJECT Austin, Nevada December 2011 Northwest Mining Association Annual Conference
Forward-looking Statement Some of the statements contained in this presentation may be deemed forward-looking statements. These include estimates and statements that describe the Company s future plans, objectives or goals, and expectations of a stated condition or occurrence. Forward-looking statements may be identified by the use of words such as believes, anticipates, expects, estimates, may, could, would, will, or plan. Since forward looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, reclamation, capital costs, and the company s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as but not limited to; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for the minerals the Company expects to produce; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the Company s activities; and changing foreign exchange rates and other matters discussed in this presentation. Persons should not place undue reliance on the Company s forward-looking statements. Further information regarding these and other factors, which may cause results to differ materially from those projected in forwardlooking statements, are included in the filings by the Company with securities regulatory authorities. The Company does not assume any obligation to update or revise any forward looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws, whether as a result of new information, future events or otherwise. The TSX Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this presentation, that has been prepared by management.
BVA Projects Carlin type BM-E trend Austin trend Low-sulfidation type Walker Lane trend N. NV Rift trend Kings River Rift trend
Project Highlights Discovered by FMC in 1980, grass-roots discovery based on the Sb in jasperoid. In 1984 Inspiration Gold, Inc. formed a JV with FMC. Began open-pit mining in May 1986 and ended with underground mining beneath the pit area in November 1989. Ore was processed in a 1000tpd mill utilizing sulfide floatation followed by cyanidation in a CIL circuit. Production totaled 176,600 Oz Au @ 0.175 opt Au (~6g/t). Post-mine exploration: 1993 FMC Gold - limited deep drilling around the pit. 1998 White Knight - optioned & drilled 7 exploration holes in the Russ target area. 2006 Meridian Gold - renewed exploration efforts and initiated drill permitting. Bravada acquired the project in 2010 and created electronic data base for the +900 historic drill holes and surface geochem. 3D modeling underway for high-grade, underground deposits. Drilling planned mid-2012.
Jasperoid- Upper Antelope Valley Fm.
Stratigraphic Column Roberts Mountains Lower Antelope Valley Potential Host Rocks: Valmy Roberts Mountains Lower Antelope Valley Ninemile Goodwin
Altered Tertiary-age Dike Near Pit
Main Pit: High-angle Faults Looking South
Main Pit: High-angle Faults NE Fault Upper Plate Units Quito Fault Lower Plate Units Lower Plate Units Looking South
Quito 3D Model Looking 500 meters South
Quito 3D Model Quito Fault Looking 500 meters South
Quito 3D Model.01 opt shell Main deposit Looking 500 meters South
Quito 3D Model Quito Fault Section A-A Looking 500 meters South
Upper Plate Lower Plate Looking South Lower Plate 25 meters Section A-A
25 of 0.517opt 15 of 0.206opt 25 of 0.112opt 10 of 0.367opt? 25 meters Section A-A OPT Au
QUITO PROJECT Austin, Nevada