Exploration Opportunity Q1 2013 Forward Looking Statement [ 2 ] - - PowerPoint PPT Presentation

exploration opportunity
SMART_READER_LITE
LIVE PREVIEW

Exploration Opportunity Q1 2013 Forward Looking Statement [ 2 ] - - PowerPoint PPT Presentation

A Premier Colombian Gold Exploration Opportunity Q1 2013 Forward Looking Statement [ 2 ] The following information may contain forward looking statements. Forward looking statements address future events and conditions and therefore involve


slide-1
SLIDE 1

A Premier Colombian Gold Exploration Opportunity

Q1 2013

slide-2
SLIDE 2

[ 2 ]

Forward Looking Statement

The following information may contain forward–looking statements. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Llave Oro’s actual results, level of activity, performance or achievements to be materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to the historical resource estimates, the work expenditure commitments; the ability to raise sufficient capital to fund future exploration or development programs; changes in economic condition or financial markets, regulatory, political and competitive developments; technological or operational difficulties or an inability to obtain permits required in connection with maintaining, or advancing projects; and labour relation matters.

slide-3
SLIDE 3

[ 3 ]

Llave Oro Value Creation

  • Principal Assets Lookalikes to Buritica and

Gramalote Deposits

  • A premier Colombian-based team with a track

record of significant exploration success

  • Identified, assembled, negotiated and

advanced exploration on Continental Gold’s (TSX: CNL) key assets

  • Strong relationships throughout Colombia,

with a collective 70 years working experience in the country

Pre-IPO Financing $3. 8M @ $0.20 $280K @ $0.35 Shares Outstanding 29,110,000 Fully Diluted 41,705,000 Warrants 9,395,000 @ $0.30 400,000 @ $0.50 Options 2,800,000 @ $0.20

  • A strong Board with extensive experience building companies and creating

shareholder value in the capital markets

  • Pursuing production/cash-flow scenario along with asset/project

consolidation strategy

slide-4
SLIDE 4

[ 4 ]

Management & Directors

MICHAEL SMITH, R.G., President Geologist with significant international mining operations experience. Served as Chief Mine Geologist for Barrick Gold Corp. at the Gold Strike Mine in Nevada. Subsequently became General Manager of Exploration and Development for Barrick Gold in South America. Former CEO of Grupo de Bullet, led key discoveries at Buritica and Gramalote deposits BALMER ECHEVERRI, VP Exploration Geological engineer with Masters degree in Economic Geology, 10+ years mining experience mainly in

  • Colombia. Former Country Manager at Barrick Gold in Colombia. Led discovery at Marsella deposit.

Former exploration Geologist on Buritica project ADRIANA GONZALEZ, General Manager Significant mining company experience in Colombia; a mining engineer with a Master’s degree in Environmental Management, 20+ years experience regulatory affairs, former Concession and Environmental Manager, Colombia with Continental Gold MARTA TOBÓN, Corporate Social Responsibility Responsible for Corporative Social Responsibility programs. Experience includes Continental Gold and Alcaldia de Medellín

slide-5
SLIDE 5

[ 5 ]

Management & Directors continued….

JOHN CARLESSO, Executive Chairman The founder of Cervello Capital Inc., a private merchant bank based in Toronto; has over 15 years of international business experience; Executive Chairman of Oremex Silver Inc. Has extensive experience in the junior mining sector – Vice President, Corporate Development at Desert Sun Mining Corp, a company acquired by Yamana Gold Inc. Founding CEO of Apogee Silver, acquired Pulacayo project now entering production MICHAEL SMITH, R.G., Director Geologist with significant international mining operations experience. Served as Chief Mine Geologist for Barrick Gold Corp. at the Gold Strike Mine in Nevada. Subsequently became General Manager of Exploration and Development for Barrick Gold in South America MARC BAMBER, Director

  • Mr. Bamber is a senior natural resources hedge fund management specialist with seven years’ experience

at the UK-based, RAB Capital. He is very knowledgeable in the natural resources investment sector and possesses a deep understanding of the UK and European markets

slide-6
SLIDE 6

[ 6 ]

Why Colombia?

  • Colombia is considered to be among the world's

most desirable destinations for mineral exploration and development, as it is rated 1st globally in terms

  • f geologic potential.
  • It is the most secure Latin American country to

business , and has the 2nd best investor protection in Latin America .

  • Colombia is ranked 3rd in South America for

"Policy Potential" , which measures the effects of government policies on exploration, including mining codes, taxation, security, political security and infrastructure.

  • Has a stable democracy with a 98% Presidential

approval rating, as the U Party was elected for its third term in 2010.

  • Since the 2002 election of President Alvaro Uribe,

Colombia has experienced huge improvements in security conditions, and civil unrest no longer prevents exploration of the area.

  • By 2012 around US$8.8 billion in self-funded

infrastructural projects have been completed in Colombia, and it is now the 5th largest economy in Latin America.

slide-7
SLIDE 7

[ 7 ]

Foreign Investment in Colombia

slide-8
SLIDE 8

[ 8 ]

Major Mining & Exploration Projects

AREA

Total 1,141,748 km2 % Water 8,8% Borders 6,004 km

POPULATION

Total 46,000,000 Density 38 hab/km2

slide-9
SLIDE 9

[ 9 ]

Regional Geology Cauca Belt

  • Prolific Cauca Belt a significant area
  • f exploration focus
  • Large gold deposits in the belt include:
  • Buritica (Continental Gold): 3.4M oz. Au*
  • La Colosa (AngloGold Ashanti):

12.9 M oz. Au**

  • Cerro Veta (Sunward Resources):

3.7M oz Au.***

  • Marsella, (Barrick) New Discovery

*Continental Gold, 2012 Mineral Resource Estimate of the Buritica Gold Project, Colombia ‘ Prepared by Mining Associates Pty Ltd. ** AngloGold Ashanti, May 6.08 ‘AngloGold Ashanti Announces Significant Exploration Results at 100% owned La Colosa Project in Colombia’ news release ***Sunward Resources Deposit of 3.7M oz as per report by Behre Dolbear & Company (USA), Inc. dated June 1, 2012, titled "Technical Report on the Titiribi Project, Department of Antioquia, Colombia" EL RAYO PROJECT

  • 1. Continental Gold, Buritica Deposit, 3.4M oz. Epithermal Miocene Intrusives
  • 2. Sunward Resources, Cerro Veta Deposit, 3.7Moz. Porphyry Tertiary Sediments
  • 3. Bellhaven Inc La Mina Deposit, 0.8Moz Porphyry

Crestaceous Volcanic Sediments

  • 4. Anglo-B2-Gold JV, Quebradona Deposit, Porphyry

Precambric Basement

  • 5. Medoro Resources, Marmato Depsoit, 9.7M oz IS Epithermal
  • 6. Batero-Seafield Resources, Quinchia Deposit, 1.6Moz Porphyry
  • 7. Barrick Gold, Marsella Deposit, Porphyry

Echeverri B. November 2011

  • 8. Anglo Gold Ashanti, La Colosa Deposit, 13Moz Porphyry

Modified from INGEOMINAS

1:100 K sheets

slide-10
SLIDE 10

[ 10 ]

Projects Overview

POPALES PROJECT

  • Located 7 km from Continental Gold’s

inferred 3.4M oz. Au Buritica project*

  • Artisanal mining inventory (ongoing)
  • Geological mapping (completed)
  • Vein mapping
  • Rock geochemistry
  • Ground Magnetic Survey (completed)
  • Trenching (completed)
  • NI 43-101 Technical Report
  • Drill ready project

EL RAYO PROJECT

  • Rock and soil geochemistry

(completed)

  • Trenching
  • Geological mapping (ongoing)
  • Drill ready project

LLAVE ORO INC. PROPERTIES

*Continental Gold, 2012 Mineral Resource Estimate of the Buritica Gold Project, Colombia ‘ Prepared by Mining Associates Pty Ltd.

slide-11
SLIDE 11

[ 11 ]

Popales Project

  • Buritica look-alike
  • Located 150 km NW of Medellin in an

emerging, high-grade district within the Cauca gold belt

  • 7 km from Continental Gold’s inferred 3.4M oz.

Au Buritica project

  • Multiple gold bearing veins identified

through preliminary exploration

  • Identified 45 high-grade Buritica-like

veins

  • Veins from trace up to 68 g/t Au
  • Altered rock between veins assayed up to not

fold 13 g/t Au

  • High grade vein and bulk mining potential
  • Drill-ready project with the location of 7

drill-holes identified

  • Completed 288 line-meters of trenching
  • 8m at 3.5 g/t Au
  • 16m at 0.8 g/t Au, including 8m at 1.22 g/t Au
  • 10m at 0.5 (g/t) Au

Rivers Drive Artisinal Gravimetric Processing Looking South at the Popales Project

slide-12
SLIDE 12

[ 12 ]

Continental Gold

Popales Project Up Close

POPALES

Grupo de Bullet

slide-13
SLIDE 13

[ 13 ]

Buritica & Popales Comparison

  • Distribution and type of

high-grade veins at Popales is very similar to Buritica

  • Identified 45 high-grade

Buritica-like veins

  • Numerous, high-grade veins

up to 68g/t Au

  • Many of the high-grade veins

support artisanal mining

  • Mineralized stockwork zones

in wall rock indicate bulk mineable potential

100 m.

ILLUSTRATIONS Top: Popales Veins Bottom: Buritica Veins

slide-14
SLIDE 14

[ 14 ]

Popales Geochemistry

  • Widespread mineralization

indicates:

  • large hydrothermal

system and

  • provides numerous drill

targets

  • Copper and silver

mineralization is associated with gold mineralization

Map: Rock chip sampling Au g/t

slide-15
SLIDE 15

[ 15 ]

Popales Trenching and Proposed Drilling

  • Completed trenches, exposing

stockwork zones

  • 4 trenches for a total of 288m line
  • 100 chip-channel samples pending

results

  • Proposed drilling: 3 holes

totalling 1,200m

  • Completed 288 line-meters of

trenching

  • 8m at 3.5 g/t Au
  • 16m at 0.8 g/t Au, including 8m at

1.22 g/t Au

  • 10m at 0.5 (g/t) Au
slide-16
SLIDE 16

[ 16 ]

Popales Ground Mag

  • Ground magnetic survey

completed, 23.8 line-kilometers

  • Gold mineralization associated

with magnetic minerals

  • Expected to provide additional

drill targets

slide-17
SLIDE 17

[ 17 ]

Popales Images

One of many small mills at Popales Sample from high grade vein

  • Agreement to acquire 90% for US$2.5M over a 24 month period
slide-18
SLIDE 18

[ 18 ]

El Rayo Project

Gold Anomalies

Potential Mineralized Trend

  • Gramalote look-alike
  • One concession, 270 hectares
  • Open cut exposes a shear zone

roughly 11m wide, length appears to be 1+km

  • Chip samples yielded from 4.2 g/t Au

up to 16.6 g/t Au

  • Alteration consists of silicification,

propillitic and sericite zones within N 70 E trend of 50 m width

  • This style of alteration is typically

associated with gold deposits

  • bserved at B2/AngloGold

Ashanti Gramalote deposit

  • Lithological and alteration maps are being prepared
  • Agreement to acquire 90% for US$2.2M
slide-19
SLIDE 19

[ 19 ]

El Rayo Regional Geology

  • Located in the prolific

Antioquia Batholith Belt

  • Majors nearby:

AngloGold Ashanti, Gramalote and B2Gold

slide-20
SLIDE 20

[ 20 ]

El Rayo Geochemistry

  • Geochemistry of rock chip and

soil samples indicate two mineralized zones:

  • 200m by 50m of gold

anomalies ranging from 0.1 g/t Au to 5.4 g/t Au

  • 270m by 170m ranging

from 0.1 g/t Au to 2.6 g/t Au

slide-21
SLIDE 21

[ 21 ]

El Rayo Geochemistry Los Barrera Zone

  • Surface sampling showed

significant anomalies of gold

  • Shear zone targets of up to

500m

  • Environmental and drilling

permits received

  • Initial program 3 holes

@ 1, 100m

slide-22
SLIDE 22

[ 22 ]

Llave Oro Overview

  • Premier Colombian gold exploration opportunity
  • Best in class team with vast expertise in Colombia
  • Start-up level valuation
  • Significant catalysts and activity during 2013
  • Ongoing program
  • Popales and El Rayo have multiple “drill-ready” targets
  • Final stages of permitting
  • Continued due diligence on additional project acquisitions
  • Still “early days” in Colombia
  • Pursuing production/cash-flow scenario along with asset/project

consolidation strategy

slide-23
SLIDE 23

[ 23 ]

Contact Information

P +1 416. 309.4325 F +1 416.364.3346 Bay Adelaide Centre Suite 1200, 333 Bay St. Toronto, ON M5H 2R2 Canada information@llaveoro.com www.llaveoro.com