OCTOBER 2016 Corporate Presentation TSX.V: CT www.centeneramining.com 1 TSX.V: CT | www.centeneramining.com
Forward Looking and Cautionary Statements Except for the statements of historical fact contained herein, the information presented on this website and the information incorporated by reference herein, constitutes “forward looking information” within the meaning of applicable Canadian securities laws concerning the business, operations and financial performance and condition of Centenera Mining Corporation (“the Company”). All statements, except for statements of historical fact, that address activities, events or developments that management of the Company expects or anticipates will or may occur in the future including such things as future capital expenditures (including the amount and nature thereof), business strategies and measures to implement strategies, competitive strengths, goals, expansion and growth of the business and operations, plans and references to the future success of the Company, and such other matters, are forward looking statements. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward looking information. Such risks and other factors include, among others, operating and technical difficulties in connection with mining development, actual results of exploration activities, estimation or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, costs of production, capital expenditures, the costs and timing of the development of new deposits, the availability of a sufficient supply of water and other materials, requirements for additional capital, future prices of metal, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, environmental issues and liabilities, risks related to joint venture operations, risks related to the integration of acquisitions, as well as risks and uncertainties discussed in the latest Management Discussion and Analysis Reports and Financial Statements (refer to the Financial Section on the Company’s website under Investors, and company filings on www.sedar.com). Shareholders are cautioned not to place undue reliance on forward looking information. The Company undertakes no obligation to update any of the forward looking information on this website or incorporated by reference herein, except as otherwise required by law. 2 TSX.V: CT | www.centeneramining.com
Investing in Argentina 100% ARGENTINA-FOCUSED RESOURCE COMPANY >70% OF STOCK WITH SUPPORTIVE SHAREHOLDERS 1 TANTALUM-LITHIUM PROJECT 3 PRECIOUS METALS PROJECTS SEEKING TO ACQUIRE ADDITIONAL MINERAL RESOURCE PROJECTS IN ARGENTINA Veladero Mine, Barrick Centenera’s 100%-owned Organullo Gold project Alumbrera Mine, Goldcorp 37.5%, Yamana 12.5% 3 TSX.V: CT | www.centeneramining.com
Investment Attractiveness in South America Northwest Argentina, Chile and Peru are stand- • out jurisdictions for mining investment in South America In northwest Argentina, the Provinces of Juyuy, • Salta, Catamarca and San Juan provide safe investment climates Salta Province is ranked #1 jurisdiction in • Argentina (Fraser Institute 2016) Source Fraser Institute ‘Survey of Mining Companies 2015’ www.fraserinstutute.org, March 2016 Source: Fraser Institute Survey of Mining Companies 2015 4 TSX.V: CT | www.centeneramining.com
Summary of Current Projects 1. EL QUEMADO PROJECT – Salta Province El Quemado is a hard-rock pegmatite project centered on historical mining operations where tantalum, niobium and bismuth were formerly produced. 2. ORGANULLO GOLD PROJECT – Salta Province Centenera’s flagship gold project is a deposit with a JORC-compliant geological target size ranging from 600,000 ounces at 0.94g/t gold (19.8Mt) to 940,000 ounces at 0.92g/t gold (31.6Mt), using a 0.5g/t cut-off grade. 3. MINA ANGELA GOLD PROJECT – Chubut Province This former gold mine produced 150,000 ounces of gold to 1992 when the mine closed. Exploration data, including drill intersections, demonstrates expansion potential. 4. CROSBY PROPERTY – Jujuy Province A strategic land position contiguous with the Silver Standard’s operating Pirquitas Mine. It should be noted that the Organullo potential exploration target quantities and grades are conceptual in nature, that insufficient exploration and geological modelling has been done to define a mineral resource, and that it is uncertain if further exploration will result in the delineation of a mineral resource. 5 TSX.V: CT | www.centeneramining.com
1. El Quemado Tantalum – Lithium Project OVERVIEW Excellent land position in Argentina’s premier • pegmatite district Includes several small-scale former producing mines • Exposure to Tantalum and Lithium markets • 6 TSX.V: CT | www.centeneramining.com
El Quemado Project GEOLOGY District with rare element class granitic • pegmatites (lithium sub-class) Despite historical production, no modern • exploration has been completed Work in 2016 will focus on mapping, • prospecting and sampling HISTORICAL PRODUCTION Project includes historic El Quemado mine • Historical production of concentrates with • average grades 39.65% tantalum, 20.98% niobium, 61.46% bismuth. The Company cautions that the grade of concentrates is El Quemado claims and historical producing sites. derived from private mining company records The project comprises 19 claims totaling approximately 8,000 hectares. that are historical in nature. 7 TSX.V: CT | www.centeneramining.com
2. Organullo Gold Project Road, rail, electrical transmission and gas pipelines in the vicinity of the Organullo project. OVERVIEW Centenera owns 100% interest • Close the city of Salta and good infrastructure (road, • rail, gas, power) Includes Julio Verne Mine, an underground mine • producing copper, bismuth and gold in the 1930’s. Independent NI 43-101 (April 17 th , 2015) • 8 TSX.V: CT | www.centeneramining.com
Organullo Gold Project GEOLOGY High sulphidation epithermal gold deposit • Large alteration system with more than 7 kilometers of • geochemically anomalous rock samples along trend Strong alteration intensity observed in interpreted • Aster data HISTORICAL WORK 44 drill holes (8,174meters) • 630 rock samples, 471 talus fines, 45 BLEG and 2,707 • PIMA samples Aster Satellite Scene, measuring 60 km x 60km, demonstrates that while alteration intensity is strong at Organullo (in this case Jarosite), it is rare in the surrounding area. 9 TSX.V: CT | www.centeneramining.com
Organullo Gold Project ASSUMPTIONS & PARAMETERS : Gold grades estimated for each model based on the common • vein orientation in each area Drill data composited to 2.0 meters downhole; no limits on the • input and output parameters; unconstrained by geology Inverse distance squared algorithm • Two scan distances used in grade estimation – 200 meters • (lower range) and 300 meter scan distances (upper range) Constant density of 2.6t/m3 assumed • It should be noted that these potential exploration target quantities and grades are conceptual in nature, that insufficient exploration and geological modelling has been done to define a mineral resource, and that it is uncertain if further Pit Shell Outlines in Target Areas 2 and 3 from Organullo Pit Optimization exploration will result in the delineation of a mineral resource. Study, GeoRes, 2012. Background is Jarosite Alteration Intensity typically associated with epithermal systems 10 TSX.V: CT | www.centeneramining.com
Organullo Gold Project TARGET 1 Largely untested area of high alteration intensity with • little surface sampling and one drillhole on the periphery TARGET 2 Target with substantial sampling and five drillholes • Target tonnage and grade range is large because target • requires more drill definition TARGET 3 Tested with 28 drillholes and target ranges from • 498,000 to 589,000 ounces Well sampled but more drilling required to increase • certainty TARGET 4 High alteration intensity and positive surface sampling, • but only three drillholes 4 Priority Target Areas in Detail 11 TSX.V: CT | www.centeneramining.com
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