GOLD EXPLORATION IN NICARAGUA
April 2012
G OLD E XPLORATION I N N ICARAGUA April 2012 F ORWARD L OOKING S - - PowerPoint PPT Presentation
G OLD E XPLORATION I N N ICARAGUA April 2012 F ORWARD L OOKING S TATEMENTS This presentation includes certain "Forward-Looking Statements as that term is used in applicable securities law. All statements included herein, other than
April 2012
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This presentation includes certain "Forward-Looking Statements” as that term is used in applicable securities law. All statements included herein, other than statements of historical fact, including, without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of Cassius Ventures Ltd. (“Cassius”, or the “Company”), are forward-looking statements that involve various risks and uncertainties. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "scheduled", "believes", or variations of such words and phrases or statements that certain actions, events or results “potentially”, "may", "could", "would", "might" or "will" be taken, occur or be achieved. There can be no assurance that such statements will prove to be accurate, and actual results could differ materially from those expressed or implied by such statements. Forward-looking statements are based
statements in this presentation, the Company has applied several material assumptions, including, but not limited to, the assumption that: (1) Cassius may not find any minerals in commercially feasible quantities in Nicaragua, (2) the Company’s ability to raise the necessary financing for ongoing operations and to complete any acquisitions or pursue any planned exploration programs, (3) there being no significant disruptions affecting operations, whether due to labour/supply disruptions, damage to equipment or otherwise; (4) permitting, development, expansion and power supply proceeding on a basis consistent with the Company's current expectations; (5) certain price assumptions for gold; (6) prices for availability of natural gas, fuel oil, electricity, parts and equipment and other key supplies remaining consistent with current levels; (7) the accuracy of current mineral resource work and studies on the Company's property; and (8) labour and material costs increasing on a basis consistent with the Company's current expectations. Important factors that could cause actual results to differ materially from the Company's expectations include such factors, among others, risks related to the ability of the Company to obtain necessary financing and adequate insurance; the economy generally; fluctuations in the currency markets; fluctuations in the spot and forward price of gold or certain other commodities (e.g., diesel fuel and electricity); changes in interest rates; disruption to the credit markets and delays in obtaining financing; the possibility of cost overruns or unanticipated expenses; employee relations. Accordingly, readers are advised not to place undue reliance on Forward-Looking Statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Statements, whether as a result
private Nicaraguan company with 16 concessions over 130,000 ha
private Nicaraguan Company and owner of the 23,000 ha “El Zúngano” concession
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Steven Dean, Chairman and Director
Cominco Limited (now Teck Resources Ltd). Teck is a major diversified resource company and is the largest producer of metallurgical coal in North America and the
and was the largest Australian based gold producer until its sale to Newmont Mining, and founder of PacMin Mining which became a subsidiary of Teck Corporation in 1999
and director of Spur Ventures Inc. (TSX-V:SVU), Infinito Gold Ltd. (TSX-V:IG), and of Dia Bras Exploration Ltd. (TSX-V:DIB). Co-founder and former Chairman of Amerigo Resources Ltd. (TSX: ARG)
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John Thomas, President & CEO
currently a director of Infinito Gold Ltd., Alexandria Minerals and Canada Zinc Metals Corp.
President, Operations of Bolivar Gold Corp. Mr. Thomas also serves on a number of boards, including Infinito Gold Inc., Alexandria Minerals Corp., and Canada Zinc Metals Corp. Eddy Canova, Director of Exploration
Mexico, and West Africa.
Mine project, Oceanic Iron Ore’s Ungava Bay project and most properties of Alexandria Minerals
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Lawrence Dick, Director
geology from Queen's University in 1979
credited with major finds at Collahuasi (Chile), Can Can (Chile) and Golden Bear (B.C.)
Canada Ltd.
Golden Fame Resources Inc., Kariana Resources Inc., and United Silver Corp. Bob Atkinson, Director
investment dealer
Tasman Metals Ltd., Spur Ventures Inc., and Hansa Resources Ltd.
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Jason Birmingham, Director
President of Mindshare Communications Inc.
Group Ltd., Golden Fame Resources Corp., (formerly Canfe Ventures Ltd.) director of Fitch Street Capital Corp. and director of Datinvest International Ltd Irfan Shariff, CFO & Corporate Secretary
Oceanic Iron Ore Corp. and Spur Ventures Inc.
UK (2001-2008)
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covers 60,000 ha over 9 properties
62,000 ha over 4 properties
properties over 38,000 ha
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District
Nueva Segovia Leon Chontales
Concession
9 4 4
Area (ha)
60,814 62,000 38,000
Geological Model
Mesotherml Quartz veins Epithermal System + Porphyry Epithermal system
Adjacent Properties
Golden Reign, Corazon Gold B2 Gold (Limon Mine) Condor (La India) B2 Gold (La Libertad Mine)
Segovia area established a network of tunnels, but no records of production
sampling over all three concessions areas as well as detailed trenching and prospecting also undertaken in the Nueva Segovia Concession area
good infrastructure, taking into account ease of access, power, water and labour supply
23,800 hectare “El Zúngano” concession, which adjoins the east side of the Nueva Segovia concessions
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concessions not previously sampled as well as concessions worked on historically
targets identified as part of exploration program
Results expected in the coming weeks
Eddy Canova (P. Geo) as the qualified person
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Golden Reign Concessions (TSX: GRR)
December 2011
April 2012
Jalepeña and 351m at El Olingo in the Los Angeles concession
program
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February 12th 2012
to establish a resource base
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Segovia concession area, the El Zúngano concession, further consolidates holdings in an area with significant potential in northern Nicaragua
identified
yielded results ranging from 1 - 14 g/t
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mine
gold mining districts, southeast of the La Libertad mine owned by B2 Gold
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present
the following areas so far:
Aserradero
additional sampling and trenching. Results are expected by the end of April 2012
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Sediment, Soils and grab samples – July 2011
historical and current exploration have been noted for 5 areas: soil samples, sediment and rock
anomalies with mapping, trenching and potential drilling
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Company Symbol Market Cap Area Calibre Mining CXB.V $78 million 86,700 ha Corazon Gold Corp. CGW.V $13 million 650 ha Golden Reign GRR $72 million 8,700 ha Cassius Ventures CZ.V $5 million 160,000 ha
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*April 2012
government support
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results to establish a resource base; and
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