Suite 201 – 1090 West Pender Street Vancouver, B.C. V6E 2N7 Tel: 604.629.1928 Tel: 778.868.9424 Fax: 604.629.1931 info@hihoresources.com www.hihoresources.com
Hi Ho Silver Resources Inc. CSE CSE Symbol ymbol: HHS HHS Fr - - PowerPoint PPT Presentation
Hi Ho Silver Resources Inc. CSE CSE Symbol ymbol: HHS HHS Fr - - PowerPoint PPT Presentation
Suite 201 1090 West Pender Street Vancouver, B.C. V6E 2N7 Tel: 604.629.1928 Tel: 778.868.9424 Fax: 604.629.1931 info@hihoresources.com www.hihoresources.com Hi Ho Silver Resources Inc. CSE CSE Symbol ymbol: HHS HHS Fr Frank ankfur
Hi Ho Silver Resources Inc. 2
This presentation may include statement which, other than statements of historical facts, may be considered "forward– looking statements“. These may include, but are not limited to, statements with respect to the future financial or operating performance of the Company and its projects, the future price of gold or other metal prices, the estimation of mineral resources, the timing and amount of future production, costs of production, capital, operating and exploration expenditures, costs and timing of development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes
- r claims, limitations of insurance coverage and timing and possible outcome of regulatory matters. Often, but not always,
forward–looking statements can be identified by the use of words such as "plans", "expects", "budgeted", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur
- r be achieved. Information inferred from the interpretation of drilling results and information concerning mineral
resource estimates may also be deemed to be forward–looking, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and assumptions, and are not guarantees of future performance and actual results may differ materially from those expressed in the forward–looking statements. Such factors include, among others: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities, actual results of reclamation activities; conclusions of economic evaluations; fluctuations in the value of the Canadian dollar; changes in project parameters as plans continue to be refined; changes in labour costs or costs of equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, cave–ins, pit–wall failures, flooding, rock bursts and other acts of God or unfavourable operating conditions and losses, detrimental events that interfere with transportation of concentrate or the smelters ability to accept concentrate, including declaration of Force Majeure events, insurrection or war; delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward–looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward–looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward–looking statements.
Hi Ho Silver Resources Inc. 3
- Hi Ho ‐‐ a gold exploration and development company primary assets in
Canada and the USA:
- Hi Ho Quebec properties (with No Royalty):
- Grasset Dom e & Lake Properties , QC, Canada
- Adjacent to Nickel‐Copper‐Platinum Group Element Grasset Discovery of
Balmoral Resources Ltd.
- Landrienne Property, QC, Canada
- On same belt as Dumont nickel deposit of Royal Nickel Inc., containing a 1.6
Billion tonnes measured & indicated resource @ 0.27% nickel.
- Fair view Gold Project, BC, Canada
- NI 43‐101 filed on August 21, 2013
- San Bernardino Placer Prop er ty, CA , USA
- Placer Gold claims with historical Gold‐Silver Mining
4
Fair irvi view Gold Gold Proje Project British Columbia Grasset P sset Projects ects Quebec Land ndrienne ne Project Quebec
Hi Ho Silver Resources Inc. 5
Abitibi Gold Belt
- Evolving Major Gold and Nickel Belt in Quebec
- Extension of belt containing Detour Lake Property:
Hi Ho Silver Resources Inc. 6
Grasse set Dome i is 2km n north o h of Balmor
- rals R
s Resour urce ces L s Ltd. N Ni-Cu-PGE
Hi Ho Silver Resources Inc. 7
- Adjacent to the Nickel‐Copper‐Platinum Group Element Grasset Discovery of Balmoral Resources Ltd.
- Abitibi Gold Belt, Northwestern Quebec
- ( N i ‐ C u ‐ P G E )
- Grasset Dome: 6,825 Hectares:
- P r o s p e c t i v e f o r N i ‐ C u ‐ P G E d e p o s i t s , g o l d d e p o s i t s , & c o p p e r ‐ z i n c ‐
g o l d ‐ s i l v e r V M S d e p o s i t s
- Grasset Lake: 25,511 Hectares:
- P r o s p e c t i v e f o r N i ‐ C u ‐ P G E d e p o s i t s , g o l d d e p o s i t s , & c o p p e r ‐ z i n c ‐
g o l d ‐ s i l v e r V M S d e p o s i t s
- Underlain by a wide belt of mafic and ultramafic rocks. This belt is prospective for both nickel and
massive sulphide deposits, and contains numerous Electromagnetic conductors and Magnetic anomalies from published airborne data
- Hi Ho ‐ planning a geological and geophysical evaluation of the property from available data, in
anticipation of an exploration program this season
Hi Ho Silver Resources Inc. 8
EM Anomaly View looking up beneath surface Discovery Area
Recent drilling on Balmoral’s Grasset property has intersected very broad intervals of Ni-Cu-PGE Mineralization including 100+ metre intercepts at >1% Ni with copper and PGE credits; cored by high-grade "net- textured" zones with recent intercepts of 54.08 metres grading 1.62% Ni with significant copper and PGE credits
Hi Ho Silver Resources Inc. 9
- 17 mineral licenses covering a band of ultramafic and mafic
rocks 900 meters thick, containing widespread nickel
- Belt extends eastward from the Dumont nickel deposit of
Royal Nickel Inc., containing a 1.6 Billion tonnes measured & indicated resource @ 0.27% nickel.
(Royal Nickel Corporation ‐ Technical Report on the Dumont Ni Project, Launayand TrécessonTownships, Quebec, Canada, 25 July 2013)
- Four historical holes intersected widespread nickel
- mineralization. The thickest intersection was 237 meters
@ 0.16% nickel intersected in hole WL‐1 , including 0.207 % Ni over 21.3 meters, from 91.4 meters to 112.8 meters and 0.199 % Ni over 21.3 meters, from 250 meters to 271.3 meters
Hi Ho Silver Resources Inc. 10
Fai Fairview Gol Gold Pro Project Oliver, BC Canada
100% owned No Royalty 1,721 hectares 20 mineral claims Osoyoos Mining Division 5 km West of Oliver, BC
Hi Ho Silver Resources Inc. 11
Fai Fairview Cl Clai aims ms Oliver, B.C. IP Geophysical Survey
Hi Ho Silver Resources Inc. 12
The Crown Deposit The Crown Deposit
The Crown Deposit The Crown Deposit
13
The Silver Crown Deposit comprises three closely-spaced northwest striking and moderately northeast dipping quartz veins. A total of 47 diamond drill holes totaling 4,219 m were completed to delineate the Silver Crown Deposit between 1988 and 1994. Of the 47 holes within the Property, 41 were used to estimate grade in the mineral resource estimate. The drilling and underground workings of the historic Brown Bear and Silver Crown Mines have intersected mineralization over a 400 m strike length and to a depth of 100 m vertically. The deposit is open at depth and to the northwest and southeast along strike. The Silver Crown Deposit comprises three closely-spaced northwest striking and moderately northeast dipping quartz veins. A total of 47 diamond drill holes totaling 4,219 m were completed to delineate the Silver Crown Deposit between 1988 and 1994. Of the 47 holes within the Property, 41 were used to estimate grade in the mineral resource estimate. The drilling and underground workings of the historic Brown Bear and Silver Crown Mines have intersected mineralization over a 400 m strike length and to a depth of 100 m vertically. The deposit is open at depth and to the northwest and southeast along strike. Underground Workings Underground Workings
Prepared by: APEX Geoscience Ltd. Edmonton, Alberta, Canada
(*Technical Report on the Fairview Gold Property, British Columbia, Canada. Prepared by APEX Geoscience, Kristopher J. Raffle, B.Sc. P.Geo & Steven J. Nicholls, B.A.Sc., M AIG, June 21, 2013, Ammended Date: August 14, 2013)
Hi Ho Silver Resources Inc. 14
Silver Crown deposit
“NI 43‐101*” inferred mineral resource estimate of 334,000 tonnes gold block cut‐off grade of 1.0 grams per tonne (“g/t”) averaging: 2.9 g/t gold (Au) 17.9 g/t silver (Ag) Including: 51,000 tonnes at 11 g/t Au & 38 g/t Ag
(*Technical Report on the Fairview Gold Property, British Columbia,
- Canada. Prepared by APEX Geoscience, Kristopher J. Raffle, B.Sc.
P.Geo & Steven J. Nicholls, B.A.Sc., M AIG, June 21, 2013, Ammended Date: August 14, 2013)
Within this resource is a Core Zone of
51,000 tonnes grading 11 g/t gold and 38 g/t silver.
This higher grade zone is delineated by higher intensity drilling
- ver 150 m of strike and extending 70 m from surface.
15 (*Technical Report on the Fairview Gold Property, British Columbia, Canada. Prepared by APEX Geoscience, Kristopher J. Raffle, B.Sc. P.Geo & Steven J. Nicholls, B.A.Sc., M AIG, June 21, 2013, Ammended Date: August 14, 2013)
Hi Ho Silver Resources Inc. 16
Bulk Sampling of surface outcroppings and adit exposure within the upper portion of the core zone
Bulk Sample 21,000 tonnes from Core Zone: Phase 2: 1,000 tonne bulk sample
- currently in permitting stage
Phase 2: 20,000 tonne bulk sample
- 4 – 5,000 tonne bulk samples
Extensive underground workings provide access
Re‐opening of Adits planned
Hi Ho Silver Resources Inc. 17
Initial work ‐‐ 21,000 tonne bulk sample from the 51,000 tonne Core Zone Projected to net $2,322,600 as follows:
Bulk lk S Sample P le Process essing Amount 21,000 tonnes Grade 0.37 oz. /tonne gold equivalent Recovery 80% Price $1100/oz. gold Cost Mining/Milling $215/tonne Gross Income $6,837,600 Costs $4,515.000 Net Profit before Deductions $2,322,600
Hi Ho Silver Resources Inc. 18
100% owned – with No Royalty 9 Placer Gold Claims ‐ San Bernardino County
- Extensive limestone detritus containing
interstitial silver & gold mineralization
- Subject to historical prospecting and removal of
minor silver and gold
- Accessible year‐round ‐‐ county roads & trails
Metallurgical recovery work planned
Hi Ho Silver Resources Inc. 19
Shares Outstanding at June 17, 2014 107,967,647 Warrants 18,555,714 Stock Options 12,450,000 Fully Diluted Shares 138,973,361 52‐week price range $0.005 to $0.05
Suite 201-1090 West Pender Street Vancouver, B.C. V6E 2N7 Tel: 604.629.1928 Tel: 778.868.9424 Fax: 604.629.1931 info@hihoresources.com www.hihoresources.com
For further information please contact: Dennis McKnight President and CEO
Hi Ho Silver Resources Inc. CSE CSE Symbol ymbol: HHS HHS Fr Frank ankfur urt Exchange ge: H9T : H9T
The technical information in this document has been reviewed and approved by Dr. S.A.Jackson P.Geo, a Qualified Person, consultant and technical advisor to Hi Ho Silver Resources Inc.