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I NVESTOR P RESENTATION S EPTEMBER 2013 WWW . CASSIUSVENTURES . COM - PowerPoint PPT Presentation

I NVESTOR P RESENTATION S EPTEMBER 2013 WWW . CASSIUSVENTURES . COM TSX - V : CZ C AUTIONARY N OTES This presentation includes certain "Forward-Looking Statements as that term is used in applicable securities law. All statements included


  1. I NVESTOR P RESENTATION S EPTEMBER 2013 WWW . CASSIUSVENTURES . COM TSX - V : CZ

  2. C AUTIONARY N OTES 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 on certain assumptions that management believes are reasonable at the time they are made. In making the forward-looking 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 of new information, future events or otherwise. Eddy Canova, P.Geo., OGQ (403), the Director of Exploration and a Director for the Company and a Qualified Person as defined by NI 43-101, has reviewed and is responsible for the technical information contained in this presentation. 2

  3. C ORPORATE O VERVIEW Gold Exploration in Nicaragua • 11 concessions over 71,689 ha across • Nueva Segovia and León project areas Nueva Segovia target high grade quartz • vein deposits Léon target large Cu/Au/Ag/Mo porphyry • $3.3 million spent on properties to date • Capitalization Summary (Sept 1, 2013) TSX-V: CZ Shares in Issue 41,148,480 Warrants NIL Options ($0.17 - $0.25) 1,635,000 Fully Diluted 42,783,480 3

  4. N ICARAGUA Country’s total area is 129,500 square kilometres, population of 6 million • Democratically governed and stable, pro investment • Gold mining industry established since colonial times • Well established mining law, revised in 2006 • Good relationships with government at the highest levels • B2Gold has two mines in operation (La Libertbad and El Limon), with visible • government support Condor Gold and Golden Reign have been successful with advanced high • grade projects that will be developed over the next 2 years, also with strong government support 4

  5. P ROXIMITY TO E XISTING M INES OR A DVANCED D EVELOPMENT P ROJECTS IN THIS E MERGING J URISDICTION 5

  6. R ECENT E XPLORATION P ROGRAM Stream sediment, soil, rock chip, and trench channel sampling • Soil geochemistry surveys and trenching on prospective areas • 1,270m reconnaissance core drilling program completed in May, 2012 • Summary Findings: • High grade anomalous values in drilling identified at Nueva Segovia • targets (Manto de la Corona, La Lampara) Occurrence of a 6 km² gold/molybdenum porphyry (Cerro Rojo) as well • as high grade vein targets (Las Mercedes) in the León area 6

  7. N UEVA S EGOVIA Target - High grade quartz vein hosted deposits (typically 300,000 to 1,000,000 oz. Au) Rationale • Multiple old workings near surface pre 1950 ’s with samples grading up to 13 g/t Au • Drill hole LD-05 at La Lampara (Los Angeles concession) intersected targeted quartz vein structure at 30.63m depth with 53.06 g/t Au over 1.5m Multiple look-a-likes of the adjacent San • Albino property - latest resource of (indicated and inferred) ~900,000 equivalent oz.. Au at approximately 8 g/t in November 2012) Proposed Program – Trench/pit and drill program of 2,000 m to follow up 2011/12 results at Manto de la Corona (La Jalape• • ña concession), La Lampara and Mina America . 7

  8. L EÓN Target #1 - Large Copper/Gold/Silver/Molybdenum porphyry Rationale • Structural mapping and geochemical anomalies give strong indication of a large 6km² porphyry system with oxidation, argillitization, quartz veinlets locally and brecciation with 1-2% pyrite • Surface grab samples with nine samples returning values between 1.05 – 14.01 g/t Au and strong Ag and Mo mineralization association. Presence of other porphyry deposits in the region • including Los Lirios in Honduras (300 million tonnes @ 0.4 g/t Au and 0.39 g/t Cu) and the recent B2 Gold/Calibre La Primavera discovery (261.7 m @ 0.78 g/t Au and 0.297% Cu) Proposed Program – Airborne Mag-Rad-EM, mapping, prospecting, rock geochemistry, trench/pit exploration program, IP on selected target areas and 1,500 m drilling 8

  9. L EÓN ( CONTINUED …) Target #2 – Epithermal vein hosted gold at Las Mercedes Rationale • Several anomalous soil samples Prospecting and mapping identified quartz vein • hosted mineralization with rock chip samples at surface grading 28.23 g/t, 32.15 g/t and 55.25 g/t Au along E-W epithermal quartz vein structures. Adjacent to and along structural trends hosting • the La India deposit (16.2 MT @ 4.6 g/t Au – 2.375M oz. Au - Sept 2012 indicated +inferred Resource) and El Limon (174,100 oz. Au @ 4.68 g/t Au proven and probable, 102,900 oz. Au @ 5.68 g/t Au M&I resource, 577,900 oz. Au @ 5.99 g/t Au inferred resource) Proposed Program – Airborne Mag-Rad-EM , mapping, prospecting, soil geochemistry, trench/pit exploration, IP on selected target areas and a * See appendix slide 19 for enlarged version of the above map 1,500 m drilling program 9

  10. H IGH GRADE LOW COST PER OUNCE MODEL Market has lost sight of the value add of a 300,000 oz. deposit at 10 g/t Au • 60,000 oz. per annum at a cash operating cost of $500/oz. generates over • $60 million per annum (at $1,500/oz. Au) in operating cash flow or $360 million over a 6 year mine life Capex for a small process plant and mine development is likely between • $50 to $100 million Debt finance for this level of project is readily available from niche industry • banks such as Macquarie, Nedbank, Standard Bank, amongst others 10

  11. S UMMARY OF NEXT PHASE OF WORK Currently exploring alternatives to advance the properties, including joint venture • and / or partnership structures with the intention of carrying out the following exploration programs Nueva Segovia – Manto de la Corona/La Lampara - A 3 month mapping, • prospecting and trench/exploration pit program and once mineralized structures are well defined follow with a 2,000 m drill program León – Cerro Rojo – Airborne MAG, Radiometric and EM geophysics surveys, • ground IP survey, mapping, prospecting and exploration pits followed by a 1,500 m drill program León – Las Mercedes – Airborne MAG, Radiometric and EM geophysics • surveys, mapping-prospecting, exploration pits, soil geochemistry, 1,500 m drill program Global budget of $2,000,000 with 5000 m of drilling ($1M for drilling, $0.180M • for Airborne geophysics and remaining $0.82M for mapping, prospecting, geochemistry, exploration pits, compilation, local expenses and contingency). 11

  12. O THER E XPLORATION S TAGE C OMPARABLES IN N ICARAGUA Company Symbol Market Cap Area Calibre Mining CXB.V $11.3 million 78,500 ha Condor Resources CNR (AIM) $74.2 million 37,500 ha PLC Golden Reign GRR $20.3 million 13,800 ha Cassius Ventures CZ.V $0.8 million 71,700 ha 12 *September 2013

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