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June 2012 Forward Looking Statements No stock exchange, securities - PowerPoint PPT Presentation

June 2012 Forward Looking Statements No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This presentation includes certain forward -looking statements . All


  1. June 2012

  2. Forward Looking Statements No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This presentation includes certain “forward -looking statements” . All statements other than statements of historical fact, included in this presentation, including without limitation statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of ECI, are forward-looking statements that involve various risks and uncertainties. The mineral resources estimates contained herein are only estimates and no assurance can be given that any particular level of recovery of minerals will be realized or that an identified resource will ever qualify as a commercially mineable or viable deposit which can be legally and economically exploited. In addition, the grade of mineralization ultimately mined may differ from the one indicated by drilling results and the difference may be material. The estimated resources described herein should not be interpreted as assurances of mine life or of the profitability of future operations. There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from ECI’s expectations include, among others, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold and silver, as well as those factors discussed in the section entitled “Special Note Regarding Forward-Looking Statements” in ECI’s Preliminary Prospectus available on www.SEDAR.com. Although ECI has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such 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. Cautionary Note to United States and Other Investors Concerning Estimates of Measured, Indicated and Inferred Resources: Certain tables may use the terms “Measured”, “Indicated” and “Inferred” Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of a Mineral Resource is economically or legally mineable. A preliminary prospectus containing important information relating to the securities referenced herein has been filed with securities commissions or similar authorities in certain jurisdictions of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from Stifel Nicholas Canada Inc. (P. Mark Smith, smithpm@stifel.com), Scotia Capital Inc. (Don Njegovan, don_njegovan@scotiacapital.com), National Bank Financial Inc. (Daniel W. Wilton, dan.wilton@nbfinancial.com). There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued. 1 1

  3. Investment Highlights • Indé (Ag-Au-Pb-Zn-Cu) in Mexico Developing Precious Metals Projects in • Juruena Belt (Gold) in Brazil Three Prolific Mining-Friendly Districts • Poconé Belt (Gold) in Brazil • Nov 2011-May 2012 Growth of Ag Resource from 40Moz to +50Moz  Vein – Indicated: 23.7Moz Ag, Inferred: 27.42Moz Ag (total of 51Moz Ag) Growing Resources Moving  Vein-Indicated : 107koz Au, Inferred: 104koz Au (total of 211koz Au) Indé Towards Feasibility  Skarn - Indicated: 456koz Au, 187Mlbs Cu, Inferred: 262.1koz Au, 122Mlbs Cu (718koz Au • Nov 2011-April 2012 Growth of Internal Resource: 100koz Au to 695koz Au Property Holdings in a Juruena • Numerous Geophysical Structures remain to be tested at Cajuero District with Historic Alluvial • Drill Plan designed to take Resource to 2Moz Au with 8,000m drilling Belt Garimpeiro Mining • Several Other Mineralized Properties • Indentified 10 priority Targets identified along 100km Belt Poconé Similar Geological Setting to • Metallurgical testing shows greatly increased recovery using flotation. Paracatu Belt • Significant Interest from Majors and other Parties • The Sentient Group owns ~15.4% of the fully-diluted common shares Established Shareholder Base outstanding and has a right to maintain at least a 15.1% interest • Hochschild Mining PLC owns ~4.3% of the fully-diluted common shares outstanding and has a right to maintain its pro rata interest Experienced Management 2 2 2

  4. Management and Board of Directors Robert J. Harrington Paul T. Hansed Michael J. Bennett President, CEO & Chairman CFO & Corporate Secretary Vice President Exploration • Former Exploration Manager for • CFO of Magellan Minerals • Former Exploration Manager with • Former Chartered Accountant with Mauricio Hochschild Jordex Resources in JV’s with Barrick • Former General Manager of KPMG Gold & Rio Tinto • BBA, CA • BSc Mining Geology Peruvian Exploration at Rio Tinto • MSc, BSc Louis G. Montpellier Jorge Benavides Alfaro Roman Friedrich III Director Director Director • Director & VP Corporate • President & CEO of Zincore Metals • Founder and President of Roman • Former Senior VP Corporate Development / General Counsel of Friedrich & Company • Managing Director, Mining and Exeter Resource Corporation Development for Hochschild Mining • Former Partner of Gowling Lafleur PLC Metals, of McNicoll Lewis & Vlak LLC • Former Senior Advisor to the • BA Henderson LLP • LLB Chairman of Hochschild Mining PLC • MSc, BSc John Mears Director • Geologist • Representative of Sentient Group Note: Full biographies for each of the above individuals can be found in the company’s preliminary prospectus available at ww w.sedar.com 3 3

  5. Main Asset Summary MEXICO Indé – Silver and Gold (Earning a 50% interest) Indé • High grade polymetallic deposit moving towards feasibility • Historical district production of ~4.9Moz Ag and Torreon ~0.9Moz Au since 1767 • Maiden Vein Resource of 23,70Moz Ag Indicted & 27.42Moz Ag Inferred (total of 51Moz) • Maiden Skarn Resource of 453.6koz Au, 187Mlbs Cu Indicated & 262.2koz Au, 122Mlbs Cu Inferred Vancouver BRAZIL Juruena Belt – Gold (100% ECI) • 353,448 hectares in property holdings over 7 projects Juruena Gold Belt • Historic gold production of 7Moz to 10Moz Au from Garimpeiro workings • Two properties drill tested, high-grade intercepts Cuiaba Poconé Gold Belt Poconé Belt – Gold (35% ECI) • Exploring 100km long gold belt in the south of the Mato Grosso state • Numerous producing and historic Garimpo gold operations • Free-digging, Paracatu-style mineralization Main Projects 4

  6. Mexico Projects INDÉ 5

  7. Indé (50% ECI) MEXICO • The Indé Property is located six kilometres south of the municipal center of Indé in the northern portion of the state of Durango, Mexico  Represents nearly 4,000 hectares over 27 mining concessions  Near infrastructure: Paved highway, power line through site, numerous wells 100M below surface 6

  8. Indé (50% ECI) MEXICO • ECI is currently earning a 50% interest  Paying US$300K upon signing of agreement  Incurring US$4.7M in exploration spend over 5 years since signing to Jan 30 2012.  Lending US$2.0M to Scorpio  Pay 50% of the value of the independently appraised infrastructure  Complete a resource assessment to determine if there are sufficient resources to sustain a 1,000tpd mill for at least 5 years  Vendors retain a NSR royalty of between 2% and 3% depending on size of production • Currently operating as a small 150 tpd operation • Modern exploration was very limited before the arrival of ECI in late 2009 7

  9. Indé – Drilling MEXICO • ECI’s exploration drilling program began in early 2010 and has continued year -round into 2012 • Since early 2010, 104 diamond core drill holes totaling 24,166.18 metres and accounting for 19,307 assayed intervals have been completed • Initial deep drilling has intersected mineralized porphyry at 800 metres depth. Drill Hole Plan 8

  10. Indé – Resource MEXICO • Veins Ag-Pb-Zn structurally controlled. • Copper-gold skarns. • Gold deposits enriched by carbonate replacement. 9

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