TSX-V: EVM www.evrimresources.com CORPORATE PRESENTATION October 2019
FORWARD LOOKING INFORMATION This presentation includes certain statements that may be deemed "forward looking statements". All statements in this presentation, other than statements of historical facts, that address events or developments that Evrim Resources Corp. (the "Company“) expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. 3
COMPANY HIGHLIGHTS $30M 5 1 $10.5M Exploration funded by JV partners since Active JV/Alliances Cash inception 79% 5 2 Drill programs Exploration work Royalties In 2019 funded by JV partners 1. As of Second Quarter Report, June 30, 2019 4
HOW DOES EVRIM STAND OUT AMONG MINERAL EXPLORERS? As a Project Generator , Evrim forms Joint Venture partnerships to fund our exploration programs. In this way, we preserve our cash and avoid share dilution for shareholders. To date, 79% of our overall exploration expenditures has been funded by our exploration partners. The next step is to choose a We look for an exploration drill target in a project that partner to fund the high risk and shows potential to host an costly phases of exploration. This economic mineral deposit. allows us to preserve our capital This is achieved through and minimize share dilution for GENERATIVE EXPLORATION BUSINESS DEVELOPMENT various cash intensive our shareholders. In return, our exploration programs. partners earn the option to own Evrim investigates projects on a A new project may result from exploration alliances the majority of the project by geological and business case from with industry leaders to explore areas we are both making cash payments and by interested in, or from our database of early stage other companies . funding the exploration programs. precious and base metal projects TYPICAL HIGH COST STAGES OF EXPLORATION AND DEVELOPMENT FUNDED BY PARTNERS Keeping a minority interest Turning our interest in the Selling our part of the DRILLING RESOURCE ECONOMIC PERMIT ENGINEERING in the project and project into a royalty , project for cash DEFINITION STUDIES APPLICATIONS STUDIES participating in the mine bringing revenue to the development company EVRIM CURRENTLY HAS 2 ROYALTIES IN MEXICO ON ERMITAÑO AND CUMOBABI GOLD-SILVER PROJECTS 5
PEOPLE PROJECTS Paul van Eeden, B.Sc . Paddy Nicol , MBA David Caulfield, P. Geo. Chairman of the Board President, CEO & Director Director John Thompson, Ph.D. Dave Groves, M.Sc. Stewart Harris, P. Geo. Director VP Exploration VP Technical Services Mahesh Liyanage, CA Chief Financial Officer 6
Royalties ERMITAÑO Evrim owns a 2% Net Smelter Royalty Advanced stage project owned by First Majestic Silver Epithermal gold target located three kilometres from • First Majestic’s Santa Elena mine boundary Current Resource: 119,000 gold equivalent ounces • (indicated) and 659,000 ounces gold equivalent (inferred) 1,2 Deepest drill intercepts are 11.2 metres grading 11.1 g/t • gold and 128 g/t silver (EW18-36) and 28.3 metres grading 3.9 g/t gold and 95 g/t silver (EW18-47) 3 Value Creation First Majestic is currently advancing the Ermitaño West • deposit with an ongoing 32,700 metre drilling program 4 with three diamond drills to infill the Inferred Mineral Resource and to extend the deposit at depth to the west. First Majestic plans to start production in Q4 2020 5 . • 1. https://www.evrimresources.com/news/2019/evrim-announces-an-expanded-inferred-resource-of-659-000-gold-equivalent-ounces-and-indicated-resources-of-119-000-gold/ 2. Gold equivalent is calculated using a gold to silver ratio of 1:75. Recoveries of 100% are assumed for the calculation of gold-equivalent values 3. https://www.firstmajestic.com/news/2019/index.php?content_id=404 4. https://www.firstmajestic.com/news/2019/index.php?content_id=427 7 5. https://www.firstmajestic.com/news/2019/index.php?content_id=425
Royalties CUMOBABI Evrim owns a 1.5% Net Smelter Royalty Project operated by First Majestic Silver Epithermal gold target located immediately south of the • Ermitaño gold project 240 square kilometres of contiguous mineral tenure • located 130 kilometres north east of Hermosillo, the capital of Sonora State, Mexico Cumobabi covers the majority of the Cumobabi breccia • district and surrounds the past producing Cumobabi mine. 1 Ermitaño resource: https://www.evrimresources.com/news/2019/evrim-announces-an-expanded-inferred-resource-of-659-000-gold-equivalent-ounces-and-indicated-resources-of-119-000-gold/ 8
Joint Ventures BALL CREEK Partnership with Golden Ridge (TSX.V:GLDN) Golden Ridge can earn up to an 80% interest with $16.5 million in exploration, $4.25 million cash, and a compliant feasibility study over fifteen years.* Copper-gold-moly porphyry and epithermal gold-silver • target in Golden Triangle, British Columbia Large land package ~500 square kilometres • Access to provincial highway and power • Four separate porphyry systems distributed across the • property and in close proximity to the Triassic/Jurassic unconformity The Ball Creek Porphyry has received the majority of • exploration, with the other porphyry systems having seen only limited drilling Value Creation 1,600 metre drill campaign underway on the Main zone to extend the known zone of mineralization, and the Goat zone which has never been drill tested. 1 https://www.evrimresources.com/news/2019/evrim-options-ball-creek-to-golden-ridge/ 9
Partnership with Newmont Mining (NYSE: NEM) Joint Ventures Newmont may earn an 80% interest by making staged cash ASTRO payments totaling US$600,000 to Evrim and solely fund a NI 43-101 compliant pre-feasibility study on a minimum two million ounce gold resource. • Astro covers a 10 kilometre-long trend of soil and rock chip gold anomalism with significant gold results from the Radio, UV and Microwave prospects • Vertical chip-channel sampling at the Radio prospect returned 26 metres grading 3.3 grams per tonne (“g/t”) gold, and drill hole RAD19-01 intersected 1.36 g/t gold over 10.7 metres including 3.13 g/t gold over 3.05 metres. • Additional chip-channel sampling at the Microwave prospect returned 3.6 g/t gold over 18 metres and 3.1 g/t gold over 8 metres from trenches normal to structures. New UV discovery returned 6.1 g/t gold over 4.0 metres • from chip-channel samples Value Creation Astro is a new discovery in the Northwest Territories 10
Joint Ventures CERRO CASCARON Partnership with Harvest Gold (TSX-V:HVG) HVG may earn in up to 80% interest with $6M in exploration, $1.1M cash, 2M shares to Evrim, and a compliant feasibility study over nine years A 69 square kilometre low-intermediate sulphidation • epithermal target prospective for high grade gold and silver mineralization Select grab samples of up to 1,670 g/t gold at Serpiente • Dorada and 1,170 g/t silver at La Cascarita Drilling at Serpiente Dorada intersected 20 g/t gold and • 23 g/t silver over 1 metre and is open along strike and at depth Large concession contains several other untested vein • systems 11
Recommend
More recommend
