Gold and Copper Explorat ion in Ecuador
Gold and Copper Explorat ion in Ecuador Forward Looking Statements - - PowerPoint PPT Presentation
Gold and Copper Explorat ion in Ecuador Forward Looking Statements - - PowerPoint PPT Presentation
Gold and Copper Explorat ion in Ecuador Forward Looking Statements This present at ion cont ains forward-looking informat ion t hat involves subst ant ial known and unknown risks and uncert aint ies, most of which are beyond t he cont rol of
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Forward Looking Statements
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This present at ion cont ains forward-looking informat ion t hat involves subst ant ial known and unknown risks and uncert aint ies, most of which are beyond t he cont rol of Aurania. Forward-looking st at ement s include est imat es and st at ement s t hat describe Aurania’ s fut ure plans, obj ect ives or goals, including words t o t he effect t hat Aurania or it s management expect s a st at ed condit ion or result t o occur. Forward-looking st at ement s may be ident ified by such t erms as “ believes” , “ ant icipat es” , “ expect s” , “ est imat es” , “ may” , “ could” , “ would” , “ will” , or “ plan” . S ince forward- looking st at ement s are based on assumpt ions and address fut ure event s and condit ions, by t heir very nat ure t hey involve inherent risks and uncert aint ies. Alt hough t hese st at ement s are based on informat ion current ly available t o Aurania, Aurania provides no assurance t hat act ual result s will meet management ’ s expect at ions. Risks, uncert aint ies and ot her fact ors involved wit h forward-looking informat ion could cause act ual event s, result s, performance, prospect s and opport unit ies t o differ mat erially from t hose expressed or implied by such forward-looking informat ion. Forward-looking informat ion in t his present at ion includes, but is not limit ed t o, Aurania’ s company’ s obj ect ives, goals or fut ure plans, st at ement s, explorat ion result s, pot ent ial mineralizat ion, t he company’ s port folio, t reasury, management t eam and enhanced capit al market s profile, t he est imat ion of mineral resources, explorat ion and mine development plans, t iming of t he commencement of operat ions and est imat es of market condit ions. Fact ors t hat could cause act ual result s t o differ mat erially from such forward-looking informat ion include, but are not limit ed t o, failure or inabilit y t o complet e t he Transact ion on t he t erms as proposed, failure t o obt ain t he required approvals of t he Aurania’ s shareholders and regulat ors, failure t o ident ify mineral resources, failure t o convert est imat ed mineral resources t o reserves, t he inabilit y t o complet e a feasibilit y st udy which recommends a product ion decision, t he preliminary nat ure of met allurgical t est result s, delays in obt aining or failures t o obt ain required government al, regulat ory, environment al or ot her proj ect approvals, polit ical risks, inabilit y t o fulfill t he dut y t o accommodat e t he indigenous communit ies, uncert aint ies relat ing t o t he availabilit y and cost s of financing needed in t he fut ure, changes in equit y market s, inflat ion, changes in exchange rat es, fluct uat ions in commodit y prices, delays in t he development of proj ect s, capit al and operat ing cost s varying significant ly from est imat es and t he ot her risks involved in t he mineral explorat ion and development indust ry, and those risks set out in Aurania’ s public document s filed on S
- EDAR. Although Aurania believes t hat t he assumpt ions and fact ors used in preparing t he forward-looking
informat ion in t his present at ion are reasonable, undue reliance should not be placed on such informat ion, which only applies as of t he dat e of t his present at ion, and no assurance can be given t hat such event s will occur in t he disclosed t ime frames or at all. Aurania disclaims any int ent ion or
- bligat ion t o updat e or revise any forward-looking informat ion, whet her as a result of new informat ion, fut ure event s or ot herwise, ot her t han as
required by law. The t echnical informat ion cont ained in t his present at ion has been verified and approved by Aurania's Chief Geologist , Jean-Paul Pallier, a designat ed EurGeol by t he European Federat ion of Geologist s and "Qualified Person" for t he purpose of Nat ional Inst rument 43-101, S t andards of Disclosure for Mineral Proj ect s of t he Canadian S ecurit ies Administ rat ors.
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The Opportunity
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Experienced team with track record of discoveries; committed to community engagement Ecuador is an exploration hot spot Project area is along trend of major gold- copper belt; underexplored Multi target potential:
Sequenced exploration approach First target being readied for drilling
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Board of Directors/Management
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Keith Barron, Ph.D. CEO and Chairman Richard Spencer, Ph.D., P .Geo., C.Geol. President and Director Elaine Ellingham, M.Sc., MBA, P .Geo. Director Marvin Kaiser, Retired CFO Director Gerald Harper, Ph.D., P .Geo. Director Donna McLean, B.A. CFO Jean Paul Pallier, M.Sc., EurGeol. VP-Exploration Monica Ospina, M.Sc. Head of CSR Carolyn Muir, B.Sc. Manager, Investor Services
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Capital Structure
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ARU 29,587,811 1,169,973 1,515,000 124,500 32,548,559 2.69 80MM
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Insiders 60% Others 40%
Recent Financing & Options
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2017 Financing
April 201 7 C$2.00 3,200,890 1,81 6,7 45 C$3.00 Oct, 201 8 1.7MM 415K 150K 430K C$0.40 $C0.60 C$2.30 C$2.00 April, 201 8 July, 2021 May, 2022 Nov, 2022
Options
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Price-Volume (TSX-V)
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Price-Volume (Grey Mkt)
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Share Price Performance with Dates
- f Key Announcements
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Feb 2017 Acquisition Of Properties Aug 2017 Geophysics survey starts Bloomberg article published Apr 2017 $6.4M pvt placement completed Nov 2017 Geophysics survey completed Dec 2017 Awacha target identified Jan 2018 Newsletter Published Jan 2018 Latorre epithermal target identified April 2018 Full concession package renewed April 2018 Crunchy Hill target identified
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Government Investment
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Government spent US $136 million on infrastructure near future mines – partially funded with advanced royalties. Ecuadorian law stipulates that 60%
- f royalties from
mining go to local communities.
Pangui Health Clinic Los Encuentros S chool
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Ecuador: An Exploration Hotspot
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1 2 3 5 5 7
4/6
2 2
ECUADOR
8
8
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Multiple Deposits Being Developed
Mines Under Construction
Fruta del Norte (Gold-S ilver) Lundin Gold; S an Carlos & Mirador (Copper and Copper-Gold) China National Rail; Loma Larga (Gold-S ilver-Copper) INV Metals;
Advanced Exploration and Resource Definition
S anta Barbara (Gold-Copper) Lumina Gold; Cangrej os (Gold-Copper) Lumina Gold; Cascabel (Copper-Gold) S
- lGold;
Llurimagua (Copper) Codelco;
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Nambija, Ecuador
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Nambij a is one of Ecuador’s Lost Cities rediscovered in 1981
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Historic Timeline: The Lost Cities
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Logroño de los Caballeros founded, reported 4,100 troy oz in first year Logroño destroyed and re-established. Sevilla del Oro founded. Logroño subjected to daily attacks by the Jibaro Indians Logroño destroyed Last attempt to restore Logroño to the Crown
1 564 64 1 1 575/1 57 6 1 1 582 1 594 1 60 605 1 1 61 6 6 2003 2006 6 201 6 6
Keith Barron starts historical research Keith Barron discovers Fruta del Norte gold deposit 12 years of historical research lead to application for 208,000Ha of exploration concessions in Cordillera de Cutucu Logroño abandoned
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Two of Ecuador’s Lost Cities
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LOGROÑO IS CONS IDERED IN CONTEMPORAR Y WRITINGS AS THE RICHES T GOLD MINE IN THE S P ANIS H EMPIRE
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Prime Discovery Potential
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- Large land position (2,080km2)
- Underexplored concessions
- Known mineral belt extends across concession
area
Chapiza & S ant iago Format ions
26 Moz Gold 30Blbs Copper
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Stream Sediment Sampling
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1st drill target: Crunchy Hill ~1,500m scout- drilling planned in 5 holes
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Target Pipeline: Gold
High-level epitermal textures; 100km2 area of elevated pathfinders in stream sediment; 5 targets:
- Crunchy Hill:
–
400m area of metal enrichment in soil;
–
1,000m western extension discovered;
- 4 other targets
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Latorre Charip
High-level epitermal textures; Compelling geophysical signature;
- a. Reduct ion t o t he pole (RTP) magnet ic
dat a
- b. Chalcedonic silica
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Crunchy Hill: Soil Geochemistry
Molybdenum Zinc Manganese
500m
S ilver Arsenic Antimony Mercury S elenium
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Target Pipeline: Gold – Next Steps
5 targets:
- Crunchy Hill:
–
FDN-type (Intermediate S ulphidation), blind target expected;
–
soil sampling underway on 1,000m western extension;
–
Ground magnetic survey;
–
IP geophysics survey?
- 4 other targets:
–
Ridge & spur soil sampling
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Latorre Charip
Follow-up of stream sediment data
Discovery of FDN – graphic from Aurelian Resources presentation 2006
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Target Pipeline – Copper
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S tream sediment data Airborne Mag Data
Quartz- sericite-pyrite alteration
Awacha Target
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Next Steps
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- S
tream sediment sampling continues to lead the way:
- 12%
- f area covered
- Local st aff being t rained t o accelerat e t his work
- Detailed exploration of prioritized targets:
- Lat orre area
- Development of targets for scout drilling in Q4’ 18
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Why Invest?
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People
–
Track record of maj or discoveries in adj acent area
–
Large insider equity position
–
Committed to community engagement
Jurisdiction
–
Pro-mining government
Potential for World Class Deposits
–
Underexplored concession block
–
Along trend of maj or gold-copper belt
–
Proprietary historical info provides unique insight
Unique Opportunity
–
Multiple epithermal gold-silver & porphyry copper deposits emerging – opportunity to maximize shareholder value through multiple JV’s / S pinCos
–
Multi target potential
–
First target being readied for drilling
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Contact
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Corporate Office
36 Toronto S treet, S uite 1050 Toronto, ON M5C 2C5, Canada (416) 367-3200 ir@ aurania.com
Social Media
@ AuraniaLtd @ AuraniaLtd Aurania Resources
- Dr. Keith Barron, CEO and Chairman
keith@ aurania.com
- Dr. Richard Spencer, President and Direct or
richard.spencer@ aurania.com Donna McLean, Chief Financial Officer donna.mclean@ aurania.com Carolyn Muir, Manager, Invest or S
ervices
carolyn.muir@ aurania.com
Visit www.Aurania.com to watch our video series!