Investor Presentation May 2017 TSX.V: PLA www.plminerals.com - - PowerPoint PPT Presentation

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Investor Presentation May 2017 TSX.V: PLA www.plminerals.com - - PowerPoint PPT Presentation

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TSX.V: PLA Investor Presentation May 2017 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

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SLIDE 1

TSX.V: PLA

Investor Presentation May 2017

TSX.V: PLA www.plminerals.com

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SLIDE 2

TSX.V: PLA

Forward Looking Statement

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.

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TSX.V: PLA

Plata Latina Overview

  • Proven 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 at initial drill project (Naranjillo) validates

exploration strategy

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PLA Objective: Discover Mexico’s next great high-grade Ag-Au districts

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SLIDE 4

TSX.V: PLA

Board of Directors

Mike Clarke, Founder and Director, President and CEO

  • 40+ years working world-wide in silver and gold exploration.
  • 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, and co-developer of highly successful San Dimas district exploration concepts.

Gil Clausen, Founder and Chairman

  • 35+ 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
  • 35+ 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

  • 40+ years of mining experience. Most recently as Senior Vice President, Exploration and Chief Geologist for Golden Minerals Company, Vice President, Exploration
  • f Apex Silver Mines Limited and Chief Executive Officer of International of Taurus Resources.

Letitia Wong, Director

  • Approximately 15 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

Margaret Brodie, Director

  • Over 15 years of finance and accounting experience, including previously being CFO of Riva Gold and, most recently, CFO of Plata Latina Minerals.
  • Bachelor of Commerce Degree from the University of British Columbia, CPA, CA designation.
  • Member in good standing of the Canadian Institute of Chartered Accountants.

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TSX.V: PLA PLA COMPETITIVE ADVANTAGE Applying the Ore Horizon Model to the Mexican Silver Belt, searching between these historic districts for Mexico’s next generation of high-grade Ag-Au districts

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World’s Premier Silver Address

The Mexican Silver Belt – PLA Exploration Focus

Epithermal Districts With Over 100M oz Ag Produced Epithermal Districts With Over 1,000M oz Ag Produced Bacis

San Dimas

Sombrerete

Fresnillo Guanajuato Zacatecas

El Oro

Pachuca Mexico City

Historical Epithermal Ag-Au Vein Districts

Mexican Silver Belt

Mexico is the most silver-endowed country on earth

  • over 5 billion oz of Ag from high-grade epithermal vein districts -

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 -

Presently known major Mexican high-grade Ag-Au vein districts were all discovered in Spanish times from outcrops Areas between these historical districts offer great

  • pportunity for discovery of additional, blind high-grade

Ag-Au districts

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SLIDE 6

TSX.V: PLA

Ore Horizon Model - Idealized Epithermal Vein

Longitudinal Section View - PLA Exploration Model

Mexican epithermal-vein silver deposits typically display distinctive surface alteration, but little geochemical expression, above a deeper Ore Horizon hosting high-grade orebodies

Quartz Vein

Erosion Exposes Orebodies Discovered And Mined in Spanish Colonial Times Generalized Example of Historical High-grade Ag-Au District (ie, Fresnillo, Guanajuato)

6 Orebodies Restricted Vertically To a Horizon 250-500m in Height “The ORE HORIZON”

Orebody Orebody

Clay-Pyrite Alteration - Little or No Ag-Au on Surface

Plata Latina Drill Targets - Blind Orebodies

Plata Latina Target – Next-Generation High-grade Ag-Au District ~20-100 km Between Districts Within Mexican Silver Belt Erosional Surface - Remains Above Ore Horizon

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SLIDE 7

TSX.V: PLA

Current Plata Latina Portfolio

Finding Mexico’s Next Great High-Grade Silver Districts

San Dimas Fresnillo Zacatecas

Sombrerete Bacis Mexico City

Mexican Silver Belt Epithermal Ag-Au Vein Districts

Guanajuato Pachuca

Real de Angeles El Oro

  • Palo Alto Property
  • Vaquerias Property (Near-Term)
  • Naranjillo Property (Discovery)*
  • La Joya Property

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PLA Portfolio: 4 properties (30, 812 ha.)

Epithermal Districts With Over 100M oz Ag Produced Epithermal Districts With Over 1,000M oz Ag Produced Plata Latina Property * Fresnillo Optioned, 2017

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TSX.V: PLA

PLA Portfolio and The Central Mexican Ag Belt

Finding Mexico’s Next Great High-Grade Silver Districts

Fresnillo (+Billion Oz Ag) Pachuca (+Billion Oz Ag)

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0 100 200km

Zacatecas (+Billion Oz Ag) Asientos (65MM Oz Ag) Guanajuato (+Billion Oz Ag) El Oro (75MM Oz Ag)

Mexico City Plata Latina Project

Palo Alto Vaquerias (Near-Term Project) Naranjillo (Discovery) La Joya

Hosting Structures (Shown to Scale)

Plata Latina Properties Well Positioned

Four properties located between historical districts –

  • n projection with historical ore-hosting structures

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SLIDE 9

TSX.V: PLA

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  • High-level alteration led to blind discovery
  • f deeper high-grade Ag-Au veins –

confirms Plata Latina exploration strategy

  • Located on projection and just south of

High-Grade Guanajuato Ag-Au District

  • Purchase option signed with Fresnillo plc

TSXV approval granted in April, 2017

Mexico City Naranjillo

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Naranjillo Property - First PLA Discovery

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TSX.V: PLA

0 20 Km

Plata Latina Claims

Fresnillo plc Claims

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Naranjillo Discovery - Regional View - Guanajuato District

Guanajuato District (Historical Production of Over One billion Oz Ag, 6 Million Oz Au)

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Fresnillo plc - Cerro Blanco Project

(On-going Multi-Rig Drilling Program) Inferred Resource as of 12/31/14 499,000 Tonnes @ 436 g/t Ag, 3.56 g/t Au

Plata Latina - Naranjillo Discovery

Average intercept interval of 4.52m @ 2,041 g/t Ag, 8.5 g/t Au LOI Signed - Fresnillo plc option to purchase

Fresnillo plc - Potrerillos Project

Inferred Resource as of 12/31/14 576,000 Tonnes @ 502 g/t Ag, 0.78 g/t Au

Golden Minerals Claims

Golden Minerals Celaya Project

Three Drill Holes Completed – Best Result 1.10m (Intercept) @ 393 g/t Ag, 7.4 g/t Au

Fresnillo plc Claims Fresnillo plc Claims

Valenciana Cata Rayas Las Torres

    

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TSX.V: PLA

Naranjillo Discovery:

Proven Success of Ore Horizon Model

17,342 g/t Ag, 66.24 g/t Au – 1.60m 5,063 g/t Ag, 25.42 g/t Au – 0.80m

11 Discovery Hole BDD-N-10 Core

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SLIDE 12

TSX.V: PLA

Terms of Fresnillo Option

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  • Fresnillo has the option to acquire 100% of Naranjillo
  • Cash commitment of US$2.15 million payable over three years
  • Fresnillo required to spend US$3 million in exploration
  • Plata Latina retains upside through a 3% NSR, which Fresnillo may purchase for US$6

million.

  • Plata Latina to receive minimum advance annual royalty payments of US$100,000 after

three years (total limited to US$1,000,000)

  • Use of proceeds:
  • Seek new opportunities with other companies, private property owners.
  • Initiate drilling to test Vaquerias target.
  • Continue work on La Joya project.
  • Permit drilling at Palo Alto.
  • Continue field work to generate new grass roots exploration projects for the

portfolio.

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TSX.V: PLA

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Vaquerias Project

Mexico City Vaquerias

  • Historical silver mine in erosional window

exposing veins and surrounding strong alteration

  • Multiple Exploration Targets
  • Located NW and on trend from the world-class

Guanajuato high-grade Ag-Au District.

  • In the state of Jalisco, consists of 4,511 hectares.
  • First phase drilling returned up to 737 g/t Ag over

0.55m.

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TSX.V: PLA

Vaquerias Project

Plan View

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0 5km

EXPLORATION TARGET I – Vaquerias Vein Beneath Cover Plata Latina – Controlled Land Historical Workings

PLM DDH’s

Window of Pre-Mineral Rocks Strong silicification at edge of Post-mineral Cover Vaquerias Vein Outcrop Exposed in Erosional Window of Pre-Mineral Rocks – Jasperoid with Fine-grained Quartz-silica veinlets Intense Clay-Pyrite Alteration as Vaquerias Structure Disappears Under Post-mineral Cover

Strong Multi-Element Geochemical Anomaly – Au/Ag ratios increasing to South Indicating Potential Ag-Au Mineralization Beneath Cover - EXPLORATION TARGET II

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TSX.V: PLA

Vaquerias Project Exploration Concepts - Cross Section

0 200m

Target I Model – 10-15m Wide Zone of Ag Veins and Stockwork

Projected Bottom of Mineralized Horizon

Post-mineral Rhyolite

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Pre-mineral Mesozoic Sedimentary Rocks SW NE

Strong clay-pyrite-silicification - Accompanied by Multi-Element Geochemical Anomaly – Au/Ag ratios increasing to South Indicating Proximal Ag-Au Mineralization Beneath Cover EXPLORATION TARGET II (Veins?? Disseminated??)

Example of Strong Silicification at Cover Edge

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TSX.V: PLA

Vaquerias Project

Vaquerias Vein Long Section - Target I Exploration Concept

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0 1000m

NW NW

DDH V-3 No Significant Intercepts DDH V-4 8.82m - 14 g/t Ag DDH V-5 4.00m - 65 g/t Ag DDH V-6 10.13m - 13 g/t Ag

Providencia Mine San Salvador Mine (Area of Un-Mapped UG Workings)

Planned DDH’s Pre-mineral Mesozoic Sedimentary Rocks Increasing Intensity of Clay-Pyrite Alteration

DDH V-4 0.55m - 727 g/t Ag (FW Structure)

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TSX.V: PLA

La Joya Project

San Dimas Fresnillo Zacatecas

Sombrerete Bacis Mexico City

Mexican Silver Belt Epithermal Ag-Au Vein Districts

Guanajuato Pachuca

Real de Angeles Epithermal Districts With Over 100M oz Ag Produced Epithermal Districts With Over 1,000M oz Ag Produced El Oro

La Joya Property (State of Hidalgo)

  • Early stage, consists of 924 hectares
  • Operating Kaolin Pits with anomalous Ag-Au
  • Sampling to 1,200-66 ppb Ag-Au
  • Same conceptual target as Naranjillo

Plata Latina Property

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TSX.V: PLA

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La Joya Project

Mexico City La Joya

  • State of Hidalgo
  • Early stage, consists of 924 hectares
  • Operating Kaolin Pits with anomalous Ag-Au
  • Sampling to 1,200-66 ppb Ag-Au
  • Same conceptual target as Naranjillo
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SLIDE 19

TSX.V: PLA

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La Joya Project

General Plan View N

0 5km

La Joya Kaolin Pit Sampling up to 1.2 ppm Ag, 0.07 ppm Au Exploration Target – Ag-Au Veins Beneath Pit Northern Kaolin Pits Perimeter – PLA License Kaolin Alteration on E-W Structure in Kaolin Pit Strong Clay-Pyrite Alteration at La Joya Kaolin Pit Silicified Structure Above Kaolin Pit

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TSX.V: PLA

Palo Alto Project

San Dimas Fresnillo Zacatecas

Sombrerete Bacis Mexico City

Mexican Silver Belt Epithermal Ag-Au Vein Districts

Guanajuato Pachuca

Real de Angeles Epithermal Districts With Over 100M oz Ag Produced Epithermal Districts With Over 1,000M oz Ag Produced El Oro Plata Latina Property

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Palo Alto Property (State of Aguas Calientes)

  • Post-mineral rocks cover hills and fill valleys
  • Outcropping Ag-Au Mineralization
  • Mineralized rocks exposed in arroyos and low-lying areas
  • Consists of 4,722 hectares
  • Drill Permitting In Progress
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TSX.V: PLA

Outcropping Ag-Au Mineralization Strong Clay-Pyrite Alteration In Valley Bottoms

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Palo Alto Project

Mexico City Palo Alto

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TSX.V: PLA

Palo Alto Project

Geology, Land and Potential DDH’s

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Post-Mineral Rhyolite Post-Mineral Rhyolite Post-Mineral Rhyolite Alluvial Cover Pre-Mineral Rocks (Mostly Propylitic)

PLA License Perimeter (4,722 Ha.) Air-Mag Anomalies (Government Survey)

Isolated Outcrops Pre-Mineral Rocks - Strong Clay-Pyrite Alteration

0 1km

Programmed DDH’s

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TSX.V: PLA

Palo Alto Project

General View

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0 1km

Strong Clay-Pyrite Alteration Exploration Targets – Structurally Controlled Ag-Au at Depth, Sed-hosted or Syngenetic Mineralization Associated with Air-Mag Anomalies Jasperoid – Barite with Anomalous Ag-Au in NS Structure – Up to 184 g/t Ag, 0.51 g/t Au Exploration Target – Syngenetic (?) Structurally Controlled (?) Ag-Au at Depth

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TSX.V: PLA

www.plminerals.com E: info@plminerals.com T: 1 800-933-9925

TSX.V: PLA

Share Capitalization (as of May 25, 2017) Shares outstanding 67.4M Options 0.5M Fully diluted 67.9M