Chita Valley Project We are focusing in resource development but - - PowerPoint PPT Presentation

November, 2016

Chita Valley Project

We are focusing in resource development but also in advancing highly promising targets up to drilling stage.

Disclaimer

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• The content of this November 2016 Chita Valley Project Presentation “ the Presentation” is intended to be strictly

informational has been prepared by Minsud Resources Corp. (the “Company”) on the basis of information and sources believed to be reliable. Certain information contained herein is obtained from third party sources which we believe are reliable but cannot be guaranteed as to its accuracy or completeness. The Company reserves the right, at its sole discretion, to modify all or any part of this Presentation without any liability or notification to any person. This Presentation 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 in conjunction with the Presentation all of the Company's public disclosure available under the Company's profile on www.sedar.com including its Filing Statement dated April 27, 2011 and the risk factors contained therein, and the technical reports on its material properties.

• The Presentation does not take account the investment objectives, financial situation and particular needs of any

particular person and is not intended to be considered by any person as general advice to any class of persons. You should not rely on the Presentation to make any decision, and if so, you shall bear the entire risk of such decision. You should also obtain relevant and specific professional advice to evaluate and assess the information contained in the Presentation

• The Company makes no representation or warranty, nor assumes any responsibility whatsoever, in respect to the
• Presentation. 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

• f the possibility of damages, and on any theory of liability, arising out of or in connection with the use of the

Presentation.

• Mr. Howard Coates, Professional Geoscientist, Director of the Company and a geological consultant, is a qualified person

as defined by Canadian National Instrument 43-101. Mr. Coates has read and approved the contents of this presentation.

• This Presentation must not be disclosed, copied, published, reproduced or distributed in whole or in part at any time

without the prior written consent of the Company.

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Chita Valley Project – General Observations

• San Juan Province is the largest producer of precious metals in Argentina, primarily from the prolific El

Indio belt.

• MSA has consolidated seven properties (Brechas Vacas, Chita, Minas de Pinto, Brechas Vacas Oeste,

Chita Norte, Chita Sur and Chita Este) into the Chita Valley Project. Mineral rights cover some 174 square kilometers of highly prospective terrain at elevations under 3,700m ASL.

• The Chita Valley exploration project is primarily an early stage prospect with widespread indications of

Cu+/-Mo+/-Au+/-Ag mineralization associated with a large Miocene age porphyry/diatreme breccia/epithermal vein complex. The project is a spatially and temporally zoned hydrothermal system that includes an early porphyry style of Cu+Mo mineralization, followed by components of high, intermediate and low sulphidation quartz-base metal +/- Au-Ag mineralization.

• Historically (mid-1960’s to 2011), several core and reverse circulation drilling campaigns have been

completed, with a cumulative total of about 11,600 m. Little systematic exploration completed.

• The area exhibits a variety of overlapping styles of alteration, veining and mineralization.

These enigmatic features indicate an extended temporal range of magmatic activity and potentially multiple stages of mineralization.

• The large size of the property package coupled with the complexity of mineralization styles indicates a

clear need for a careful and systematic approach to target definition.

• Minsud’s exploration program represents a balance between systematic multidisciplinary exploration and

prudent use of limited funding in a poor financial market. The Chita South sector, the first area of concentrated drilling, has reached the major milestone of Resource Estimation.

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Chita Valley Properties Map (~ 174 km2)

“The consolidation of Chita, Brechas Vacas and Minas de Pinto properties into the Chita Valley Project was instrumental for the development of Minsud.”

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Mines/Projects, San Juan Province & nearby Chile

• The new government of Argentina has

recently announced measures taken in favor of the mining sector which now confirms a renewed intention to develop the mining industry as a state policy.

• San Juan Province has a robust mining

sector and recognizes the important economic benefits

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responsible development of its substantial mineral resource endowment.

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Chita Valley Project - Highlights

• 174 Km2 land position for exploring in a

mining friendly province, San Juan, Argentina.

• NI 43-101 compliant Mineral Resource

Estimate for the Chita Deposit includes Inferred Resources of 31.5 million tonnes at a grade of 0.45% Cu.

• 2,800 and 3,500 meters elevation.
• 35 kms from Bellavista, Dto Iglesia, is all

season accessible by 4 AWD vehicle.

• All season water supply on the Property;
• Excellent logistic facilities and service

from nearby locations;

• Power line to the Yamana

Gualcamayo Project 30 kms away from the Project.

• The Agua Negra, 14 km road tunnel is

now under construction.

Minsud's next milestone is to expand deposit and upgrade portion of Chita South Porphyry Resources to Indicated + Measured Status for PEA purposes.

Chita Valley Region, Glacier Potential (-1oC isotherm)

Chita Valley Project - Main targets - Lithology and Structural Map

The mineral potential of the Chita Valley Project as a whole goes far beyond the known Inferred Resources at Chita South Porphyry. Minsud has concentrated financial efforts in the South Porphyry (PSU) but management has already identified highly prospective targets like Minas de Pinto, North Porphyry, Chinchillones and Placetas with excellent untested potential for increasing overall resources.”

Chita Valley Project - Main targets - Alteration Map

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Inferred Resource Statement, Chita South Porphyry.

IN-PIT MINERAL RESOURCE ESTIMATE STATEMENT (1-5) Tonnage (Mt) Cu% Contained Cu (Mlb) Au g/t Ag g/t Mo% 31.5 0.45 310.7 0.07 2.2 0.017

(1) Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. It is noted that no specific issues have been identified as yet. (2)The quantity and grade of reported Inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred resources as an Indicated or Measured mineral resource and it is uncertain if further exploration will result in upgrading them to an Indicated or Measured mineral resource category. (3) Mineral Resources were estimated utilizing Gemcom software and conventional block modeling within 3D wireframes defined on a 0.30% Cu cut-off, capped composites and inverse distance grade interpolation. (4)The mineral resources in this report were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council. (5)The 0.30% Cu resource cut-off grade was derived from the Nov 30/15 two year trailing average Cu price of US$3.02/lb, 80% process recovery, 95% smelter payable, US$0.10/lb refining charge, US$12/t process cost, and US$3/t G&A cost. An optimized pit shell was utilized for resource reporting that utilized a US$2/t mining cost and 45 degree pit slopes.

In 2015 Minsud filed a National Instrument 43-101 Technical Report and Mineral Resource Estimate on the Chita Deposit. The Mineral Resource Estimate considers copper as a primary consideration along with molybdenum, gold and silver mineralization, all of which is potentially amenable to surface mining. The latest estimate was published in February 1, 2016. See www.sedar.com

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Chita Valley Project – September 2016 drilling campaign (1,700 m DDH)

Hole ID From To Interval Thickness Au Ag Cu Mo m m M vertical m g/t g/t % % PSU16-48 78.25 80.00 1.75 0.9 0.49 31.1 0.017 0.032 PSU16-48 84.00 114.00 30.00 23.2 0.04 2.9 0.317 0.022 PSU16-48 136.00 146.70 10.70 8.2 0.05 3.4 0.264 0.023 PSU16-49 17.85 18.45 0.60 0.3 1.34 210.0 0.022 0.025 PSU16-49 26.00 124.00 98.00 76.0 0.05 2.2 0.287 0.029 PSU16-50 4.00 14.00 10.00 5.0 0.27 13.3 0.018 0.008 PSU16-51 26.00 158.00 132.00 114.5 0.07 1.1 0.439 0.017 PSU16-52 22.00 138.00 116.00 101.0 0.06 4.1 0.308 0.020 Incl. 112.00 114.00 2.00 1.0 0.28 134.9 0.436 0.018 PSU16-53A 32.00 42.00 10.00 8.6 0.08 0.90 0.343 0.019 PSU16-53A 60.00 135.00 75.00 65.2 0.09 1.50 0.462 0.013 PSU16-54 38.00 102.00 64.00 55.5 0.05 4.30 0.347 0.026 PSU16-55 28.00 34.00 6.00 5.2 0.05 2.00 0.344 0.005 PSU16-55 44.00 62.00 18.00 15.6 0.04 0.80 0.576 0.010 PSU16-55 74.00 78.90 4.90 2.45 0.15 6.80 0.354 0.005 PSU16-55 115.70 118.00 2.30 1.15 0.44 41.30 1.022 0.025 PSU16-56 20.00 115.00 95.00 82.5 0.08 1.00 0.492 0.009 PSU16-56 138.00 148.00 10.00 8.6 0.08 1.10 0.599 0.016 PSU16-57 10.00 68.00 58.00 50.5 0.08 2.00 0.502 0.029 PSU16-57 86.00 99.00 13.00 11.2 0.05 1.40 0.540 0.087 PSU16-58 32.00 100.00 68.00 58.5 0.14 1.70 0.376 0.010 PSU16-59 60.00 88.00 28.00 24.2 0.06 1.20 0.408 0.028 Eleven of the twelve holes intersected substantial core lengths of mineralization at relatively shallow depth beneath the zone of surficial weathering and oxidation. The remaining drill hole (PSU16-50) was designed as a test of outcropping epithermal veins in post Cu mineralization host rocks. Highlights are broad sections including 132 meters (approximately 114.5 meters vertical thickness) averaging 0.44% Cu, 1.1 g/t Ag, 0.017% Mo and 0.07 g/t Au and 95 meters (82.5 m vertical) averaging 0.49% Cu, 1.0 g/t Ag, 0.009% Mo and 0.08 g/t Au. See following table for a summary analytical results.

Drilling program 1,700 m.

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Chita Valley Project - Next operating steps

• Metallurgical column tests are on its way to determine, Cu % recoveries and kinetics.
• P&E will update the resources estimation incorporating the recent drilling and Minsud’s

2016 UAV/drone high resolution topography for more accuracy. Additional Inferred Resources are expected along with a much more accurate conceptual pit model.

• Expert Consultant(s) on all aspects of porphyry/epithemal systems will be hired to assist

Minsud with defining specific mineralization targets at Chita South (example Primary zone) as well as throughout the rest of the Chita Valley Project ( eg. Chinchillones, Pinto, etc.).

• Prepare provisional Cash Flow Model for PSU. For internal planning purposes only.

(after obtaining results from column test).

• The geological team will continue mapping and sampling areas that are accessible by new

road construction.

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Other Target Areas Chita Valley Project

• The Chita North Porphyry Sector is the northern half of the Chita Porphyry/Epithermal system.

The main difference between the two sectors is the north has substantially less bedrock exposure and drilling than the south. Promising results from three recent drill holes along with many untested IP/Resistivity targets.

• The Chinchillones Complex is overlaps the Brechas Vacas and Chita Properties and covers an area of

approximately 2 km2. The prospect is markedly similar to the Chita Porphyry comprising three successive stages as follows:

• An early stage of epizonal porphyritic intermediate to felsic intrusions and associated satellite veins,

intruded into the sediments of the Agua Negra Formation,

• Diatreme breccias as a result of contact of magma with a water table, associated with volcanic and

volcaniclastic eruptions, and

• Culminating with a shallow epithermal late stage.
• The Placetas Porphyry Sector covers approximately 1.5 km2 with three successive stages:
• An early (EM) stage of epizonal porphyritic monzodioritic intrusions, intrusive breccias and associated

satellite veins, intruded into Agua Negra Formation,

• Late intermineral (LIM) stage diorite, and EIM intrusion breccias
• Post mineralization (PM) diorite dykes.
• The Minas de Pinto sector is an easterly trending swarm of discontinuous quartz veins containing variable

concentrations of polymetallic sulphides and localized Au-Ag mineralization traceable for 4.0 km along strike. The veins cut various lithologies including Devonian-Carboniferous sediments (Agua Negra Formation), Carboniferous-Permian granodiorite (Colanguil Batholith), and Mid to Upper Tertiary volcaniclastics and andesitic porphyry (Chita Valley Complex). Several corridors comprising multiple veins and stockworks are present.

www.minsud.com

NORTH AMERICA | Headquarters Minsud Resources Corp. 340 Richmond Street West Toronto, Ontario, Canada M5V 1X2 Phone / Fax : +1 (416) 479 4466 SOUTH AMERICA | Headquarters Minera Sud Argentina S.A. Esmeralda 684 piso 13° - (CP. 1007) Ciudad Autónoma de Buenos Aires República Argentina Phone / Fax : + 54 (11) 4328 4067