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Corporate Presentation 1 July 2013 DISCLAIMER This presentation - PowerPoint PPT Presentation

Corporate Presentation 1 July 2013 DISCLAIMER This presentation does not constitute a recommendation to buy or sell securities of ECR Minerals plc (ECR or the Company) or any other securities mentioned herein. This presentation


  1. Corporate Presentation 1 July 2013

  2. DISCLAIMER This presentation does not constitute a recommendation to buy or sell securities of ECR Minerals plc • (“ECR” or the “Company”) or any other securities mentioned herein. This presentation does not constitute a prospectus or an admission document relating to ECR, nor does it constitute or form part of any offer or invitation to purchase, sell or subscribe for any securities in ECR, nor shall this presentation or any part of it, or the fact of its distribution, form the basis of or be relied on in connection with any contract therefor or for any purpose whatsoever. No reliance should be placed on the information contained in this presentation or on its completeness. • No representation or warranty, express or implied, is given by or on behalf of ECR or any directors, partners, officers, employees, advisers or any other persons as to the accuracy, fairness or sufficiency of the information or opinions contained in this presentation. Save in the case of fraud, no liability is accepted for any errors, omissions or inaccuracies in such information or opinions. This presentation may contain forward-looking statements relating to future events or to the • anticipated performance of ECR or other companies. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual performance of the Company or any other company to be materially different from any anticipated performance expressed or implied by the forward-looking statements. ECR MINERALS PLC 2

  3. ABOUT ECR MINERALS (AIM: ECR) Exclusive right and option to earn 50% interest in Itogon gold-silver project, Philippines , an • advanced exploration project in a major gold and copper mining district Holding of 15.7% of issued shares (16.9% fully diluted) in THEMAC Resources Group (TSX-V: • MAC) , which is focused on the Copper Flat copper-molybdenum-gold-silver porphyry project in New Mexico, USA; holding consists of shares and warrants 100% ownership of the Sierra de las Minas gold project, Argentina ; joint venture partner or • purchaser currently being sought Australian subsidiary Mercator Gold Australia (MGA) with around A$77M of tax losses . MGA • remains subject to a deed of company administration (DOCA), conclusion of which will pave the way for a transaction to take advantage of MGA’s tax losses Management costs much reduced and board restructured during 2012 and early 2013; non core • assets sold (including interest in ACS Asia manufacturing business) Shares in issue 2,172,759,751; (fully diluted 2,265,815,893); £2.1M undiluted mkt. cap. at 0.1p ; shares • traded as AIM: ECR and ADRs as OTC: MTGDY ECR MINERALS PLC 3

  4. BOARD OF DIRECTORS Paul Johnson, Non-Executive Chairman More than 20 years’ investing experience and co-founder of MiningMaven, an investor communications service • focused on the natural resources sector; appointed director of ECR in May 2012 and chairman end January 2013 Chartered Accountant, Associate of the Chartered Institute of Loss Adjusters and of the Chartered Insurance • Institute, and a Member of the Business Continuity Institute. Holder of a BSc (Hons) in Management Science from UMIST School of Management Stephen Clayson, Director and CEO Diverse background in mineral sector since 2004, formerly Corporate Development Manager for Kryso Resources • (AIM: KYS, market cap. approx. £100M, multi Moz gold resource and reserve base in Tajikistan); undertook extensive consultancy for Peninsular Gold (AIM: PGL, gold producer in Malaysia) from 2006-2008 Became CFO of ECR September 2010 and appointed a director April 2011; appointed CEO end January 2013 • Richard (Dick) Watts, Non-Executive Technical Director Currently a Principal Mining Consultant for Royal HaskoningDHV (formerly Turgis Mining Consultants). Track • record of senior operational roles on gold, copper and coal mines in Africa (South Africa and Zambia), Russia and Central Asia (Kazakhstan and Uzbekistan); appointed a director of ECR in May 2012 Fellow of the South African Institute of Mining & Metallurgy and holder of a B.Eng (Mining) from the University of • Sheffield along with a Mine Manager’s Certificate (South Africa) and a First Class Certificate of Competency (UK mine manager’s qualification) ECR MINERALS PLC 4

  5. EXCLUSIVE RIGHT AND OPTION TO EARN 50% INTEREST IN ITOGON GOLD-SILVER PROJECT, PHILIPPINES ECR has entered into an earn-in and joint venture agreement with Tiger International Resources Inc. • (TSX-V: TGR) and Tiger’s subsidiary Cordillera Tiger Gold Resources Inc. with respect to Cordillera Tiger’s 100% owned Itogon gold-silver project in the Philippines The Itogon project is an advanced exploration project located in a gold and copper mining district on • in the north of the Philippines, and benefits from an extensive historical dataset ECR has the exclusive right and option to earn a 50% interest in the Itogon project by obtaining, for • Cordillera Tiger, a mining licence in respect of the project within 5 years of the commencement of the earn-in and by making certain staged payments to Tiger ECR will fund all expenditure required for Cordillera Tiger to obtain a mining licence, and through • Cordillera Tiger, ECR will be the operator of the project ; after a mining licence is obtained ECR and Tiger would fund development pro rata, or the non-funding partner would be diluted The agreement and the commencement of the earn-in are subject, inter alia, to due diligence by ECR • The Itogon project is located on the island of Luzon in the north of the Philippines, some 14km from the • city of Baguio in the Central Cordillera . The Central Cordillera of Luzon is a gold and copper mining district of global significance, and hosts numerous sizable producing mines and former producers ECR MINERALS PLC 5

  6. ITOGON GOLD-SILVER PROJECT, PHILIPPINES ORIENTATION & DISTRICT GEOLOGY ITOGON PROJECT ITOGON PROJECT * The figures presented on this slide are sourced from a third party report and may not be accurate or complete. They should therefore not be relied upon

  7. ITOGON PROJECT PREVIOUS WORK, EXPLORATION TARGET & NEARBY DEPOSITS The Itogon project has an extensive database of previous work, including drilling, metallurgical testwork • and surface sampling . This work enabled a number of historical resource estimates to be completed by former operators, as well as a scoping level study on a potential heap leach operation. All historical work was completed by reputable international companies including BHP Engineering and Kvaerner Davy The exploration target in the Itogon project area is a steeply dipping wide hydrothermal or epithermal • gold-silver system . Five gold and silver bearing quartz veins have been mapped and are indicated to be continuous or semi continuous and steeply dipping (near vertical). The five sub parallel vein sets are recognised as occurring within a zone up to 250m wide and up to 600m long A technical report on the Itogon project filed by Tiger in 2011 stated an overall resource target for the • project “of the order of 0.5 to 1 million ounces of gold” . The author of the report, Jaime C. Zafra, also expressed the opinion that “a potential self-draining open pit on the main vein could host in the order of 300,000oz gold” On the NE boundary of the Itogon project is a project area controlled by Indophil Resources (ASX: IRN). • The area is reported by Indophil to have produced 1.22 million oz of gold historically. On the SW boundary of Cordillera Tiger’s project is another area that has hosted significant past gold production Metallurgical testwork conducted by Kappes, Cassiday & Associates (and others) indicates that the • mineralisation at Itogon is amenable to cyanide leaching * The technical data provided in this presentation with respect to the Itogon project is sourced from a third party report, and may not be accurate or complete. It should therefore not be relied upon. All significant exploration and evaluation work in relation to the report was completed in the late 1990s or earlier, and the historical resource estimates are non compliant ECR MINERALS PLC 7

  8. IMAGES OF ITOGON PROJECT AREA

  9. IMAGES OF ITOGON PROJECT AREA

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