Coyote Project High Grade Silver Jalisco State, Mexico
TSX-V:ASL
Corporate Presentation July 2014
Coyote Project High Grade Silver Jalisco State, Mexico Corporate - - PowerPoint PPT Presentation
TSX-V:ASL Coyote Project High Grade Silver Jalisco State, Mexico Corporate Presentation July 2014 Disclaimer Some statements contained in this presentation or in documents referred to in it are or maybe forward-looking statements. Actual
Corporate Presentation July 2014
TSX-V: ASL www.argentumsilvercorp.com
Some statements contained in this presentation or in documents referred to in it are or maybe forward-looking statements. Actual results may differ from those expressed in such statements, depending on a variety of factors. Any forward-looking information contained in this presentation has been prepared on the basis of a number of assumptions which may prove to be incorrect, and accordingly, actual results may vary. Past performance of the Company cannot be relied on as a guide to future performance. This presentation does not constitute, or form part of or contain any invitation or offer to any person to underwrite, subscribe for, otherwise acquire, or dispose of any shares in Argentum Silver Corporation or advise persons to do so in any jurisdiction, nor shall it, or any part of it, form the basis or be relied on in any connection with or act as a inducement to enter into any contract or commitment therefore. No reliance may be placed for any purpose whatsoever on the information
accepted for any loss howsoever arising from any use of this document or its contents otherwise in connection therewith.
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Initial NI 43-101 Inferred Resource* of 3.88M AgEq*, grading 207 g/t AgEq* Extensive infrastructure and access in Jalisco State, Mexico Strong community relations ~7km combined Strike Length, 1052 Hectares, 100% Owned Initial metallurgical testing completed Small-scale production opportunity based on potential resource expansion
*NI 43-101 Technical Report on the Resource Estimate on the El Tajo Zone, Coyote Project, completed by GeoVector Management Inc. on November 22, 2013; The report estimates an Inferred Mineral Resource of 583,000 tonnes grading 192 g/t Ag and 0.27 g/t gold (Au). This equates to a 207 g/t AgEq* grade. The mineral resource contains a total of 3,600,000 ounces silver and 5,053 ounces of gold. The resource is open along strike and down dip. (*Silver- equivalent was determined using a silver to gold ratio of 56.1:1, assuming a 100% recovery rate, plus no base metal values were included in the silver-equivalent.)
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San Jose Mine (Fortuna) El Aguila (Gold Resource Corporation) San Sebastian (Endeavour)
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Victoria
Coyote
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100% Owned, 1052 hectares property size Seven mineralized zones with a cumulative strike length > 7km Mineralized system within a 2.5KM x 2.0KM footprint 4,842m drilled; tested four mineralized zones to average depth of 85m ~2,800 m drilled at El Tajo Zone to develop current NI 43-101 resource*;
Historic silver & gold production at turn of 19th century
Excellent infrastructure, water, power and roads Highway access to Manzanillo, deep water port, 3 hours Long term community access agreements
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* See technical disclosure on slide 3 of this corporate presentation.
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Coyote Project N
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footprint
vein zones
> 7km
100 g/t Ag
up to 2 g/t
consistent
Coyote Project N
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south
potential strike length
the south
totalling 4,842 m
Tajo Zone
Average drillhole depth 85m Drill tested to a depth of 120 m Open to depth and along strike
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Coyote Project
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Coyote Project
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Coyote Project
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Coyote Project
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Coyote Project
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Coyote Project San Rafael Longitudinal View
* In early 2013 a Phase III drill program consisting of ~1,500 (8 holes) was designed to test at depth and along strike. This program never commenced.
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Coyote Project
* In early 2013 a Phase III drill program consisting
designed to test at depth and along strike. This program never commenced.
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ASL – COYOTE *EDR – San Sebastian Hole 1: 6.0m @ 128 g/t Ag Hole 3: 2.5m @ 131 g/t Ag Hole 3: 2.9m @ 1,470 g/t Ag Hole 1: 6.6m @ 506 g/t Ag Hole 4: 3.0m @ 312 g/t Ag Hole 4: 4.9m @ 235 g/t Ag Hole 17: 10m @ 117 g/t Ag Hole 2: 9.2m @ 168 g/t Ag Hole 23: 5.2m @ 438 g/t Ag Hole 5: 4.8m @ 295 g/t Ag Hole 28: 11m @ 288 g/t Ag Hole 44: 11.5m @ 420 g/t Ag Hole 42: 2.9m @ 449 g/t Ag Hole 6: 1.3m @ 389 g/t Ag
resource of 11.4M oz silver and 69,300 gold and inferred resource containing 19.5M oz silver and 138,100 gold. Average silver grades were 193 g/t.
El Tajo Vein
31 M oz Ag over 68,000 m drilling
Resource Estimate NI 43-101 (Geovector)
Inferred Resource ~2,800 m drilling
average depth of 85m
Coyote Project
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Coyote Project
* In early 2013 a Phase III drill program consisting of ~1,500 (8 holes) was designed to test at depth and along strike. This program never commenced.
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Raise sufficient funds for ongoing resource development
Build out team to focus on becoming small scale producer
Expand Resource at El Tajo Zone
along strike) resource development drill program
Drill Test San Rafael Zone
Continue property-wide reconnaissance exploration program and continue to evaluate other zones; review Victoria project
advance to drill targets
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As at July 18, 2014 Symbol TSX-V: ASL Share Price $0.015 52 Week High/Low $0.085 – $0.015 Shares Issued and Outstanding ~46.0 M Options ~4.6 M Warrants
~50.6 M
TSX-V: ASL www.argentumsilvercorp.com Proposed Consolidation 5:1 Current Issued & Outstanding: 46.0 M Post Consolidation: 9.2 M Pro-Forma Share Structure and Concurrent Financing: Issued Shares: 9.2 M New Unit Offering Price: $0.10 New Shares Issued: 5.0 M Warrants: 2.5 M Total Issued Post Financing: 16.7 M Proposed Financing Details: $0.5 Million : 5.0M Units at $0.10 and ½ Warrant at $0.15 (Yr 1) and $0.20 (Yr 2)
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Evaluate Coyote Drill Program & Project $250K General Working Capital $210K Financing Fees $40K Total: $500K
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Management: Peter A. Ball President & COO
CFO Juan Lopez Country Manager - Mexico Directors: Andrew Thomson Ben Whiting Geoff Balderson Mike Petrina David Bo Board Technical Advisor (Mining): Ralf Kleine
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For further information please contact:
Suite 1200 – 570 Granville Street Vancouver, B.C. V6C 2T5 Peter A. Ball, President & COO Email: peter@argentumsilvercorp.com