ADVANCED EXPLORATION IN MINING FRIENDLY PERU CORPORATE UPDATE | - - PowerPoint PPT Presentation
ADVANCED EXPLORATION IN MINING FRIENDLY PERU CORPORATE UPDATE | - - PowerPoint PPT Presentation
ADVANCED EXPLORATION IN MINING FRIENDLY PERU CORPORATE UPDATE | SEPTEMBER 2018 TSXV : NBR | nubianr.com FORWARD LOOKING STATEMENTS Information set forth in this presentation contains forward-looking statements that are based on assumptions as
FORWARD LOOKING STATEMENTS
Information set forth in this presentation contains forward-looking statements that are based on assumptions as of the date of this presentation. These statements reflect management’s current estimates, beliefs, intentions and
- expectations. They are not guarantees of future performance. Nubian Resources Ltd. (“Nubian”) cautions that all
forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Nubian’s control. Such factors include, among other things: risks and uncertainties relating to metal prices, changes in planned work resulting from weather, logical, technical or other factors, the possibility that results of work will not fulfill expectations and realize the perceived potential of Nubian’s mineral properties, uncertainties involved in the interpretation of drilling results and other tests, the possibility that required permits may not be obtained in a timely manner or at all, risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions, the possibility of cost overruns or unanticipated expenses in work programs, the risk of environmental contamination or damage resulting from the exploration
- perations, the need to comply with environmental and governmental regulations and the lack of availability of
necessary capital, which may not be available to Nubian on terms acceptable to it or at all. Nubian is subject to the specific risks inherent in the mining business as well as general economic and business conditions. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Nubian undertakes no obligation to publicly update or revise forward-looking information. Nubian does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation. For more information on Nubian, readers should refer to www.sedar.com for Nubian’s filings with the Canadian securities regulatory authorities.
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INVESTMENT HIGHLIGHTS
Advanced Exploration in Mining Friendly Peru
- Esquilache Polymetallic Project
- Historical producer, near term production with large exploration potential
- high grade, near surface mineralization, good location and drill ready - an advanced stage
exploration project
- Active community support
- National Instrument 43-101 technical report updated May 2018
- Near term work program includes 3D Model compilation of previous drill and geochemical
sampling, additional structural mapping, updating of environmental monitoring programs in preparation for Q1 2019 drill program
US Gold Properties
- Nubian undertaking a strategic initiative on its US gold properties located in Nevada (Excelsior
Springs, Dunfee, Palmetto) and New Mexico (Copper Hills) comprising 181 claims
Corporate re-organization undertaken, new key management personnel, low overhead
TSX Venture Exchange Listed Trading Symbol – NBR Shares Outstanding – 30,290,924 3
ESQUILACHE POLYMETALLIC PROJECT
- 1,600 ha silver-zinc rich with significant gold credits located in the western cordillera of
southern Peru
- Three main mineralized zones – Sepulveda, Creston and Mamacocha
- Recent 2015 drilling results of 24.2 metres of 131 g/t Ag, 0.4 g/t Au including 8.1
metres of 292 g/t Ag, 0.73 g/t Au
- Mineralization widespread and high grade near surface - intersections remain open at
depth
- Esquilache Virgen de Chapi prospect – a southwest extension of Mamacocha zone
- Adjacent to Buenaventura’s Chucapaca Gold/Silver deposit
Acquisition Terms:
- Acquired from Zinc One Resources Inc. –
payment of $125,000 and 1,638,151 NBR common shares
- Four annual advanced Net Smelter Royalty
(NSR) payments of $162,500
- 2% NSR - Nubian can purchase 1% for
$500,000 at any time, until the third anniversary of the first sale of gold, silver or concentrate
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- Mined by Hochschild Mining from 1951-61
- ~1Mt underground sulfide production at
4.8% Zn, 3.2% Pb, 0.3% Cu, and 3.4 opt Ag
(historical standards and not NI 43-101 compliant and should not be relied on)
- 100% ownership, favourable community with
agreement in place
HIGH GRADE POLYMETALLIC DEPOSIT
- 28 km south and adjacent and along
strike to Buenaventura’s Chucapaca deposit
- Ag, Pb, Zn mineralization
- Property accessible by road with
available power
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ESQUILACHE – ADVANCED EXPLORATION
- Significant historical drill results from
previous exploration activities:
- 2.0 metres of 977.0 g/t Ag + 4.88 g/t Au
- 5.65 metres of 304 g/t Ag
- 24.2 metres of 131 g/t Ag + 0.4 g/t Au
- 8.1 metres of 292 g/t Ag + 0.73 g/t Au
- 2.0 metres of 593 g/t Ag
- Horsetail nature of high grade veins
suggests possible open pit operation
- Historical metallurgical testing of the
Sepulveda and Elvira veins plus the dumps produced three saleable products: silver- lead concentrate, zinc-silver concentrate and copper-gold concentrate
- Ground geophysics connects both zones
with continuous chargeability anomaly
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ESQUILACHE – NORTH ZONE
Vein continues downslope
Creston Target – Potential Sepulveda Pit
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ESQUILACHE – SEPULVEDA VEIN SECTION
LEGEND Trench Drillhole 2014 Intercepts Colonial Workings Hochschild Drifts Hochschild Stopes
TARGET AREA OPEN
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ESQUILACHE – MAMACOCHA TARGET
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VIRGIN DE CHAPI – ESQUILACHE EXTENSION
- Extension to Esquilache property
- Located ~3 km south of the former
Esquilache mill
- Mineralized structures are the
southwest extension of the Mamacocha veins
- Eight high and low sulfication targets
identified by prior exploration activities
- To be included in a future drilling
program
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NUBIAN TEAM
MARKUS JANSER, MCom – CHAIRMAN - 20 years of experience as
a senior executive and business consultant in private and offshore banking, finance and investment, project management, junior mining and exploration and property
- development. He was also the founding
partner of a retail textile company, a financial service group and a property development
- company. Mr. Janser holds a Master of Arts
in Economics from the University of Fribourg, Switzerland.
MARTIN WALTER, MBA BSc (Geology) – DIRECTOR & CEO -
20 years of extensive mine geology
- perational experience in open pit gold
mining and on precious metal projects
- worldwide. He has served as a director and
has led a number of junior mining companies listed on the Toronto Stock Exchange and the TSX Venture Exchange including Forrester Resources Corp. (formerly Vena Resources Inc.), Treasury Metals Inc., Absolut Resources Inc., Sierra Minerals Inc., Aquiline Resources Inc., St. Andrew Goldfields Ltd., Crown Point Energy Inc. and Amarillo Gold Corp. Mr. Walter holds a BSc. Degree in Geology from the University of Ballarat, Australia and an MBA from the University of Toronto.
WILLIAM R. (RICK) BROWN, BSc (Geology), MAusIMM, MBA – GENERAL MANAGER, SOUTH AMERICA - 25 years’
experience in minerals exploration and development throughout Latin America, principally Peru, Brazil, Argentina and
- Colombia. His successes include the outcrop
DAVID FYNN, CA – DIRECTOR & CFO - 20+ years in private accounting
practice and prior as a senior manager with KPMG in Canada and Ernst & Young in the United Kingdom and Saudi Arabia.
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ASHLEY MARTIN – BUSINESS DEVELOPMENT – 12+ years of mining
construction and development experience gained through positions with Guyana Goldfields (Aurora Gold Mine), Knight Piesold, Treasury Metals and Forrester Metals on projects in Africa, Australia, Guyana, Peru and SE Asia. Mr. Martin holds a degree in Engineering and Construction from Curtin University, Western Australia.
LARRY TREADGOLD, BSc (Hons), CEng MTMS – DIRECTOR - 40 years' experience as an
extractive metallurgist and senior manager in gold and copper assets world-wide developing both green-field and brown- field sites bringing them to optimum capacity and profitability. He has also provided metallurgical and environmental consulting services to gold and copper mining operations in the United States, Africa and elsewhere. discovery of the El Hilorico (1 M oz Au) in Peru, the acquisition of Newmont Argentina SA (Calcatreu Au and Navidad Ag) for Aquiline Resources and the acquisition of the Mara Rosa deposit (1.5 M oz Au) in Brazil for Amarillo Gold. Rick Brown has a degree in Geology from Curtin University in Western Australia, a graduate diploma in Applied Finance and Investment from the Australian Securities Institute and a MBA from Business School Sao Paulo in Brazil.
CORPORATE FACTS
- Low shares
- utstanding
- Significant
management holdings
CAPITAL STRUCTURE
Common Shares 30,290,924 Warrants (1) 2,885,500 Options (2) 1,805,000 Fully Diluted 34,981,424 Insider Holdings ~40% 52 Week Price Range (High | Low) $0.34 | $0.12
Notes: (1) 800,000 exercisable at $0.10 until November 10, 2018; 1,037,500 exercisable at $0.30 until July 19, 2019, 800,000 exercisable at $0.40 until July 24, 2020, 24,00 finders warrants exercisable at $0.25 until July 24, 2020, 200,000 exercisable at $0.40 until August 1, 2020 and 24,000 finders warrants exercisable at $0.25 until August 1, 2020. (2) 955,000 exercisable at $0.10 with varying expiry dates ranging from May 21, 2019 to January 2, 2023, 750,000 exercisable at $0.25 until July 27, 2020 and 100,000 exercisable at $0.40 until June 21, 2020.