Gold and Copper Exploration in Ecuador Forward Looking Statements - - PowerPoint PPT Presentation

gold and copper exploration in ecuador forward looking
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Gold and Copper Exploration in Ecuador Forward Looking Statements - - PowerPoint PPT Presentation

Gold and Copper Exploration in Ecuador Forward Looking Statements This presentation contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurania.


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Gold and Copper Exploration in Ecuador

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SLIDE 2

TSXV:ARU

Forward Looking Statements

2018-01-17 2

This presentation contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurania. Forward-looking statements include estimates and statements that describe Aurania’s future plans, objectives or goals, including words to the effect that Aurania or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Aurania, Aurania provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this presentation includes, but is not limited to, Aurania’s company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the company’s portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure or inability to complete the Transaction on the terms as proposed, failure to obtain the required approvals of the Aurania’s shareholders and regulators, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate the indigenous communities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in Aurania’s public documents filed on

  • SEDAR. Although Aurania believes that the assumptions and factors used in preparing the forward-looking information in this presentation are

reasonable, undue reliance should not be placed on such information, which only applies as of the date of this presentation, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aurania disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. The technical information contained in this presentation has been verified and approved by Aurania's Chief Geologist, Jean-Paul Pallier, a designated EurGeol by the European Federation of Geologists and "Qualified Person" for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

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TSXV:ARU

Investment Highlights

2018-01-17 3

Pe People

– Multiple prior discoveries in Ecuador – CEO Keith Barron responsible for discovering Fruta del Norte epithermal gold/silver deposit – President Richard Spencer led teams responsible for discovery of San Carlos, Panantza, Mirador porphyry copper and Loma Larga gold deposits

Ju Jurisdiction: Ecuador

– Government moving towards mining for economic growth

Th The Lost Cities – Cu Cutucu Pr Project

– Favourable geological setting – Along trend of major gold-copper discoveries – Proprietary historical information provides unique insight

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TSXV:ARU

Board of Directors

4

Ke Keith Ba Barron

Ph.D.

CE CEO an and Ch Chairman

Ri Richard Sp Spencer

Ph.D., P.Geo., C.Geol.

Pr President an and Di Director

Ge Gerald Ha Harper

Ph.D., P.Geo.

Di Director

Ma Marvin Ka Kaiser

Retired CFO

Di Director

El Elaine El Ellingham

M.Sc., MBA, P.Geo.

Di Director

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TSXV:ARU

Management

5

Mo Monica Os Ospina

M.Sc.

He Head of

  • f CS

CSR

Ke Keith Ba Barron

Ph.D.

CE CEO an and Ch Chairman

Ri Richard Sp Spencer

Ph.D., P.Geo, C.Geol.

Pr President an and Di Director

Do Donna Mc McLean

B.A.

CF CFO

Je Jean Pa Paul Pa Pallier

M.Sc., EurGeol.

VP VP-Ex Exploration

Ca Carolyn Mu Muir

  • B. Sc

Sc.

Ma Manager – In Investor Se Services

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TSXV:ARU

Capital Structure

2018-01-17 6

ARU 27,335,625 1,600,445 2,315,000 31,251,070 4.40 120MM

De Debt

US$1MM deferred payment relating to acquisition of Ecuasolidus S.A. (corporate entity in which the Lost Cities - Cutucu concessions are held)

Co Condit itions

  • Due date: May 29, 2018
  • 2% Annual interest rate
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TSXV:ARU

Ins Insiders 61 61% Ot Others 39 39%

Sha Shareh reholder B r Base

Corporate Snapshot

2018-01-17 7

Re Recent Financing

April 2017 C$2.00 3,200,890 1,816,745 C$3.00 Oct, 2018 1.7MM 415K 150K 430K C$0.40 $C0.60 C$2.30 C$2.00 April, 2018 July, 2021 May, 2022 Nov, 2022

Op Options

1yr Sha hare Pric ice

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TSXV:ARU

The Opportunity

2018-01-17 8

  • Management discovered mines along-trend
  • Concession area never systematically explored with

modern techniques

  • Proprietary historical information
  • Ecuador: a pro-mining jurisdiction
  • Excellent potential for world class deposits
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TSXV:ARU

People

  • Dr. Keith Barron

Ph.D

2018-01-17 9

  • Aurania’s CEO and Chairman
  • Exploration geologist with over 33

years experience in the mining sector

  • 2003 discovered Fruta del Norte gold-

silver deposit - sold for $1.2B

  • Awarded 2008 Thayer Lindsley

International Discovery Award

  • Named the Northern Miner’s 2008

Mining Man of the Y ear

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TSXV:ARU

People

  • Dr. Richard Spencer

Ph.D., P.Geo., C.Geol.

2018-01-17 10

  • Aurania’s President and Director
  • Lived in Ecuador for 10 years
  • Led Gencor’s exploration team in

discovery of porphyry district:

  • 24 billion lbs copper
  • 4 million oz gold
  • Discovered Loma Larga

epithermal gold – silver deposit for Iamgold

  • 3 million oz gold
  • 27 million oz silver
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TSXV:ARU

Jurisdiction

Ecuador: 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% of royalties from mining go to local communities.

Pangui Health Clinic Los Encuentros School

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TSXV:ARU

Jurisdiction

Ecuador: Exploration Hotspot

2018-01-17 12

1 2 3 5 5 7

4/6

2 2

ECUADOR

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TSXV:ARU

Jurisdiction

Multiple Deposits Being Development

2018-01-17 13

Mi Mines Under Construction Ad Advanced Exploration and Re Resource Definition

  • Fruta del Norte (Gold-Silver)

Lundin Gold;

  • San Carlos & Mirador (Copper

and Copper-Gold) China National Rail;

  • Loma Larga (Gold-Silver-Copper)

INV Metals;

  • Santa Barbara (Gold-Copper) Lumina

Gold;

  • Cangrejos (Gold-Copper) Lumina Gold;
  • Cascabel (Copper-Gold) SolGold;
  • Llurimagua (Copper) Codelco;
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TSXV:ARU

Project

Nambija, Ecuador

2018-01-17 14

Nambija is one of Ecuador’s Lost Cities rediscovered in 1981

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TSXV:ARU

Project

Sevilla del Oro, Ecuador

2018-01-17 15

“Sevilla del Oro is the richest mine in the Indies” 1628 Text

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Project

Historic Timeline: The Lost Cities

2018-01-17 16

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

1564 4 157 575/ 5/157 576 1582 2 1594 4 1605 5 1616 2003 2006 2016

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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TSXV:ARU

Project

T wo of Ecuador’s Lost Cities

2018-01-17 17

Approximate coverage of Lost Cities – Cutucu exploration concessions

1584 Map

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TSXV:ARU

Project

Prime Discovery Potential

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  • Large land position (2,080km2)
  • Underexplored concessions
  • Known mineral belt extends across concession area

Chapiza & Santiago Formations

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TSXV:ARU

Project

Exploration Approach

2018-01-17 19

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TSXV:ARU

Project

Favourable Geology

2018-01-17 20

Fruta del Norte pull-apart shown at the same scale as the Cutucu map Fruta del Norte gold deposit

Similar geological framework that hosts deposits in the Cordillera del Condor are evident in The Lost Cities – Cutucu Project

10km Pull-apart basins interpreted from satellite imagery over Lost Cities – Cutucu Project Schematic pull-apart basin at a jog in a right-lateral fault

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TSXV:ARU

Project

Stream Sediment Sampling

2018-01-17 21

1st Epithermal Target Identified

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TSXV:ARU

Project

Latorre: 1st Epithermal Target

2018-01-17 22

Similar to Stream Sediment Footprint that Led to Discovery of the Fruta del Norte Deposit

Graphics from Aurelian Resources Presentation, 2006

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TSXV:ARU

Project

Geophysics - Magnetics

2018-01-17 23

Awacha Target: Porphyry cluster target compared with SolGold’s Cascabel Project

Awacha Target: Reduction to the Pole (RTP) magnetic data. Data is from ~3% of the Lost Cities – Cutucu Project SolGold’s Cascabel Project: RTP data (Source: SolGold)

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TSXV:ARU

Project

Next Steps

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  • Continued stream sediment sampling
  • Detailed exploration of prioritized targets
  • Soil sampling
  • Selection of targets for scout drilling in H2, 2018
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TSXV:ARU

Why Invest?

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Pe People

– Track record of major discoveries in adjacent area – Large insider equity position – Committed to community engagement

Ju Jurisdiction

– Pro-mining government

Po Potential for W

  • rld Class Deposits

– Underexplored concession block – Favourable geological setting – Along trend of major gold-copper belt – Proprietary historical info provides unique insight

Un Unique Opportunity

– One of the last exploration frontiers – Multiple epithermal gold-silver & porphyry copper deposits emerging – opportunity to maximize shareholder value through multiple JV’s / SpinCos – Strong news flow

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TSXV:ARU

Contact

2018-01-17 26

Co Corporate Office

36 T

  • ronto Street, Suite 1050

T

  • ronto, ON M5C 2C5, Canada

(416) 367-3200 ir@aurania.com

So Social Me Media

@AuraniaLtd @AuraniaLtd Aurania Resources Dr

  • Dr. Keith Barron, CEO and Chairman

keith@aurania.com Dr

  • Dr. Richard Spencer, President and Director

richard.spencer@aurania.com Do Donna McLean, Chief Financial Officer donna.mclean@aurania.com Ca Carolyn Muir, Manager –Investor Services carolyn.muir@aurania.com