TSX.V: PLA Investor Presentation March 2015 TSX.V: PLA www.plminerals.com
Forward Looking Statement TSX.V: PLA Some of the statements and financial projections contained in the following material are forward-looking statements and not statements of facts. Such statements are based on information currently available and have not yet been verified by an independent Qualified Person. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in the company’s latest annual and quarterly reports and management discussion and analysis. The company assumes no obligation to publicly update any forward-looking statement, whether as result of new information, future events or otherwise. 2
Plata Latina Overview TSX.V: PLA PLA Objective: Discover Mexico’s next great high-grade silver district • Innovative Exploration Strategy targets the discovery of new high-grade Ag-Au districts by combining the classic epithermal-vein Ore Horizon Model with the Mexican Silver Belt Concept • Led by Mike Clarke , with extensive exploration and mining experience in Mexico, discoverer of several high-grade Ag-Au deposits in Mexico and backed by resource investors with proven track records • High-Grade Discovery already in progress at initial drill project (Naranjillo) 3
Board of Directors TSX.V: PLA Mike Clarke , Founder and Director, President and CEO • 35+ years international silver and gold exploration experience. • PhD from University of Arizona with a dissertation on high-grade Ag-Au vein formation in a major Mexican silver-gold deposit. • Discovered numerous high-grade Ag-Au deposits in the San Dimas district, Mexico, over 10 year period, including discovery of the San Antonio mine, initiation of the Santa Rita project and layout of a program for eventual exploration/development of the district. • Oversaw several 1+M ounce Au discoveries for Ma'aden in Saudi Arabia, including greenfields discovery of a 2+M ounce deposit. • Former VP Exploration for Augusta Resource Corporation. Gil Clausen , Founder and Chairman • 30+ years executive, finance, development and operations experience in the precious and base metals industry. • Currently President & CEO of Brio Gold Inc. Previously President & CEO of Augusta Resource Corporation before its acquisition in July 2014. • Bachelor and Masters degree in Mining Engineering from Queens University and a graduate of the Queen’s executive business program . W. D. “Randy” Eppler , Founder and Director • 30+ years of finance, exploration, production and resource marketing. • Founding Partner of Sierra Partners LLC, a resource advisory firm. 9+ years in executive finance and corporate development positions with Newmont Mining Corporation; Director of Augusta Resource Corporation prior to its acquisition, Golden Minerals Inc. (NYSE MKT: AUMN), Vista Gold Corp. (NYSE MKT/TSX: VGZ) and Frontier Mining Ltd (AIM: FML). Robert B. Blakestad , Director • 30+ years of mining experience. Most recently as Senior Vice President, Exploration and Chief Geologist for Golden Minerals Company, Vice President, Exploration of Apex Silver Mines Limited and Chief Executive Officer of International of Taurus Resources. Letitia Wong , Director • 10+ years experience in finance, investor relations and communications. • Currently Vice President, Corporate Development of Brio Gold Inc. Previously Vice President Investor Relations of Augusta Resource Corporation and Ventana Gold Corporation and prior to that Director Investor Relations of Yamana Gold Inc. • Bachelor of Commerce Degree in Finance from the University of British Columbia (Sauder School of Business), CFA charterholder 4
World’s Premier Silver Address The Mexican Silver Belt – PLA Exploration Focus TSX.V: PLA Mexico is the most silver-endowed country on earth Historical Epithermal - over 5 billion oz of Ag from high-grade epithermal vein districts - Ag-Au Vein Districts Mexican Silver Belt Major historical silver districts define the Mexican Silver Belt - over 800km in length and 50-100km in width - - offers exploration a large, yet focused target area - Bacis Presently known major Mexican high-grade Ag-Au vein Sombrerete districts were all discovered in Spanish times from outcrops San Dimas Fresnillo Zacatecas Guanajuato Areas between these historical districts offer great Pachuca opportunity for discovery of additional, blind high-grade El Oro Ag-Au districts Mexico City PLA COMPETITIVE ADVANTAGE Applying the Ore Horizon Model to the Mexican Silver Belt, searching between these historic districts for Mexico’s next Epithermal Districts With Over 1,000M oz Ag Produced generation of high-grade Ag-Au districts Epithermal Districts With Over 100M oz Ag Produced 5
Ore Horizon Model - Idealized Epithermal Vein Longitudinal Section View - PLA Exploration Model TSX.V: PLA Mexican epithermal-vein silver deposits typically display distinctive surface alteration, but little geochemical expression, above a deeper Ore Horizon hosting high-grade orebodies Erosional Surface - Remains Above Ore Horizon ~20-100 km Between Districts Erosion Exposes Within Mexican Silver Belt Clay-Pyrite Alteration - Orebodies Discovered Little or No Ag-Au on Surface And Mined in Spanish Colonial Times Plata Latina Drill Targets - Orebodies Restricted Vertically Orebody Orebody Blind Orebodies To a Horizon 250-500m in Height Quartz “The ORE HORIZON” Vein Generalized Example of Plata Latina Target – Next-Generation Historical High-grade Ag-Au District High-grade Ag-Au District (ie, Fresnillo, Guanajuato) 6
Current Plata Latina Portfolio Finding Mexico’s Next Great High -Grade Silver District TSX.V: PLA PLA Portfolio: 4 properties (51,565 ha.) Mexican Silver Belt Epithermal Ag-Au Vein Districts • Palo Alto Property • Vaquerias Property Bacis • Naranjillo Property (Discovery) San Dimas Sombrerete • La Joya Property Fresnillo Zacatecas Real de Angeles Guanajuato Pachuca El Oro Mexico City Plata Latina Property Epithermal Districts With Over 1,000M oz Ag Produced Epithermal Districts With Over 100M oz Ag Produced 7
PLA Portfolio and The Central Mexican Ag Belt Finding Mexico’s Next Great High -Grade Silver District TSX.V: PLA Fresnillo (+Billion Oz Ag) Plata Latina Properties Well Positioned Zacatecas (+Billion Oz Ag) Four properties located between historical districts – on projection with historical ore-hosting structures Asientos (65MM Oz Ag) Palo Alto Vaquerias Guanajuato (+Billion Oz Ag) Mexico City Plata Latina Project Naranjillo (Discovery) La Joya N Hosting Structures (Shown to Scale) Pachuca (+Billion Oz Ag) 0 100 200km El Oro (75MM Oz Ag) 8
Naranjillo Discovery on trend with Guanajuato TSX.V: PLA Cretaceous Basement Rocks N Bolanitos Guanajuato District La Luz Cebada (Historical Production of Over Plateros Valenciana Cata One billion Oz Ag, 6 Million Oz Au) Rayas Sirena El Cubo Guanajuato Fm. Las Torres Red Conglomerate Volcanic Rocks Veta Madre – Heart of Guanajuato District Orebodies mined to 90m Widths (Greatest Widths in Red Conglomerate- Naranjillo approx. 35-40 km SE of Guanajuato – Basement Structural Contact) on same structural trend Next Untested Naranjillo Target – Projected Veta Madre-Like Plata Latina’s Naranjillo District Geological Setting (29,540 hectares) Approx. Area of Current Fresnillo Multiple HG DDH Intercepts – Guanajuato Fm. (Red Conglomerate-Basement Drilling Red Conglomerate Up to 7.74m TW at Structural Contact) 3,181 g/t Ag, 13.28 g/t Au Cretaceous 0 20 Km Basement Rocks 9
Naranjillo Property - First PLA Discovery TSX.V: PLA Naranjillo Mexico City • High-level alteration led to blind discovery of deeper high-grade Ag-Au veins – confirms Plata Latina exploration model • Located on projection and just south of High-Grade Guanajuato Ag-Au District 10 10
Naranjillo Discovery: Proven Success of Ore Horizon Model TSX.V: PLA 17,342 g/t Ag, 66.24 g/t Au – 1.60m Discovery Hole BDD-N-10 Core 5,063 g/t Ag, 25.42 g/t Au – 0.80m 11
Naranjillo Project Exploration Results to Date TSX.V: PLA Latest drilling program tested several vein structures at Naranjillo assessing the best potential target to focus on developing a significant mineral resource. Drill results to date indicate that the Villa vein system, the Sibila vein and the Central vein, provide the best targets for large scale, high grade mineral resource development. 73% of the 11 drill holes on the Villa vein within the mineralized horizon have intercepted significant mineralization. Average intercept interval of 4.5 metres with wt. average grade of 2,041 g/t Ag. Extent of drilling to date on the Villa vein is about 625 metres along strike and 200 metres on dip. The drilling completed demonstrates the high grade potential that exists on the Villa vein and the adjacent Central and Sibila veins.
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