ADVANCING A PROSPECTIVE PORTFOLIO TO DISCOVERY SUCCESS Copper - Gold - Silver SAN VALENTINO COPPER-GOLD-MOLY Northern Chile Project Summary March 2018
Cautionary Statement Certain statements contained in the following presentation constitute forward-looking statements. Such forward looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Dr. Demetrius Pohl, PhD., Certified Professional Geoscientist (CPG), an independent consultant, is the Company s Qualified Person for the purposes of National Instrument 43-101 Standards of Disclosures for Mineral Projects of the Canadian Securities Administrators, and is responsible for the accuracy of, and has verified, the technical information in this presentation and has approved its written disclosure. 2
San Valentino Project (Copper-Gold-ly) San Valentino Silica ledges and hydrothermal alteration associated with dacite porphyries at San Valentino 3
San Valentino Copper-Gold Summary Copper-gold-moly exploration project Drill ready Northern Chile No historic drilling of porphyry copper-gold targets But surface geological mapping and geochemical sampling grid, clearly define targets Porphyry copper-gold-moly targets Outcropping / sub-cropping targets Peripheral epithermal (HS) gold previously drilled Oxidised and leached at surface good surface - geochemistry Located close to major copper mines and projects Northern Chile Sub-desertic terrane derate access / moderate altitude Deal type Spin-out into Newco / Shell with stock, participation, royalty, work commitment Possible traditional farm-out 4
About the Project Exceptional Mineral Belt Miocene Belt 3 of world s top 12 copper mining districts Exceptional Jurisdiction Chile geology, government, law, infrastructure, people, services Exceptional Location Northern sub-desert moderate access & altitude Located close to world-class mining districts Exceptional Land Position ~1,100 Ha 100% owned * Exceptional Prospect Drill-ready porphyry copper-gold target (* Underlying NSR Royalty) 5
Regional Geological Setting San Valentino Porphyry -- Miocene Belt Late-Tertiary mineral belt Top-ranked copper mining districts Los Pelambres Rio Blanco-Los Bronces El Teniente From: Mpodozis C. & Cornejo P. (SEG SP 16 2012) 6
District Geological Setting LOS PELAMBRES DISTRICT (Antofagasta, Nippon, Mitsubishi) * Highway - Copper-ly-Gold District - > 350,000 t fine production / year (2016)* - 1 mine (Los Pelambres) - 1 undeveloped deposit (El Pachon - Argentina), Ag, mines current & historic production SAN VALENTINO PROJECT (~ 1,100 Ha) - Prolific mineral belt along trend from world-class mines and deposits - Porphyry -- VIZCACHITAS PROJECT (Los Andes Copper) * 30 Km - Porphyry Copper-ly discovery - In evaluation (*) Production & Contained Metals Figures from Company Websites & Academic Publications 7
San Valentino 8
Work to Date & Database Geological mapping Including hydrothermal alteration mapping supported by mineral spectrometry HISTORIC WORK COMPLETED TO DATE Geochemical surveys and grids Soil grids and rock chips Historic drilling Minera Fuego 9 shallow inclined RC holes (~ 1,700m) Focused on HS epithermal gold-rich silica ledges porphyry targets not drill tested 9
Geology & Principal Targets AURIFEROUS SILICA LEDGES High-sulphidation epithermal structures Previously drill tested (9 shallow inclined RC holes) Anomalous gold over narrow widths ( ~ 1g/t ) Likely alteration and mineral zonation around main porphyry targets to south SECONDARY Porphyry - target Centred on dacite porphyry intrusion Good, focused surface geochemistry in soils (-) Partially on RVL ground PRINCIPAL Porphyry - target Centred on dacite porphyry intrusion Good, focused surface geochemistry in soils (-) Peripheral, zoned zinc geochemistry Copper is heavily leached at surface Alteration minerals suggest base of lithocap exposed, with hypogene porphyry copper at shallow depths Possible secondary enrichment of copper beneath leached capping 10
Geochemistry ly in soils AURIFEROUS SILICA LEDGES High-sulphidation epithermal structures No systematic sampling SECONDARY Porphyry - target Well-defined response with anomaly in soils PRINCIPAL Porphyry - target Excellent, focused anomaly in soils Up to 34 ppm 11
Geochemsitry Gold in soils AURIFEROUS SILICA LEDGES High-sulphidation epithermal structures No systematic sampling SECONDARY Porphyry - target Excellent, focused anomaly in soils Up to 37 ppb PRINCIPAL Porphyry - target Strong correspondence between and anomalies in soils 12
Geochemsitry Zinc in soils AURIFEROUS SILICA LEDGES High-sulphidation epithermal structures No systematic sampling SECONDARY Porphyry - target Zn depletion over porphyry core Some suggestion of zoned, peripheral Zn anomaly PRINCIPAL Porphyry - target Excellent, zoned, peripheral Zn anomaly Up to 119 ppm Zn Zn depletion over porphyry core Classical porphyry - system zonation pattern 13
Geochemsitry Satellite Image AURIFEROUS SILICA LEDGES High-sulphidation epithermal structures No systematic sampling Historic drilling narrow gold intercepts related to silica ledges SECONDARY Porphyry - target Dacite porphyry + geochemical anomalies at surface Zn depletion over porphyry core PRINCIPAL Porphyry - target Dacite porphyry Focused + geochemical anomalies at surface Excellent, zoned, peripheral Zn anomaly Classical porphyry - system zonation pattern Drill ready 1 Km 14
San Valentino Summary View of Prospects 15
San Valentino Copper-Gold Summary Copper-gold-moly exploration project Drill ready Northern Chile No historic drilling of porphyry copper-gold targets But surface geological mapping and geochemical sampling grid, clearly define targets Porphyry copper-gold-moly targets Outcropping / sub-cropping targets Peripheral epithermal (HS) gold previously drilled Oxidised and leached at surface Located close to major copper mines and projects Northern Chile Sub-desertic terrane derate access / moderate altitude Deal type Spin-out into Newco / Shell with stock, participation, royalty, work commitment Possible traditional farm-out 16
Revelo Corporate Summary WHAT WE DO WHERE WE DO IT CHILE (THE PLACE TO BE) Copper - gold - silver explorer in Chile Consolidated land from 2014 to 2016 >US$100M historic exploration on portfolio Expertise in porphyry/epithermal deposits Partnering projects, generating royalty interests Chile Mining country main economic activity Focused in the northern desert Safe country to work in Politically and fiscally stable Legal system works Both Major and Mid-Tier players are present Exploration investment is re-awakening WHAT WE HAVE * rrently nonproducing ~200,000 Hectares of mineral property interests 26 project interests / ~35 targets 17 projects available for Option / JV / Sale 2 Option / Sale / Royalty Agreements 7 Royalty Interests * 100Km 17
In the Shadow of the Headframe STAGE EXPLORATION LOCATION NORTHERN CHILE METALS COPPER-GOLD-SILVER TENEMENT MAJOR LAND POSITION PORTFOLIO MULTIPLE S TEAM HIGHLY EXPERIENCED 18