1
Mike Porphyry Cu, New Raven+ Aumax Au Projects, BC
May 2017
Mike Porphyry Cu, New Raven+ Aumax Au Projects, BC TSX.V: CRV | - - PowerPoint PPT Presentation
May 2017 Mike Porphyry Cu, New Raven+ Aumax Au Projects, BC TSX.V: CRV | Frankfurt: CF 1 Cautionary Disclaimer This presentation may contain statements that constitute forward - looking information for the purposes of Canadian securities
1
May 2017
This presentation may contain statements that constitute “forward-looking information” for the purposes of Canadian securities laws. Such statements are based on Cresval’s (“CRV” or “CRV’s”) current expectations, estimates, forecasts and projections. Such forward-looking information includes statements regarding (CRV’s) outlook for future
historical fact. The words “estimates”, “projects”, “expects”, “intends”, “believes”, “plans”, “will”, “may”, or their negatives or other comparable words and phrases are intended to identify forward-looking information. Such forward-looking information is based on certain factors and assumptions and is subject to risks, uncertainties and
forward-looking information. Important factors that could cause actual results to differ materially from (CRV’s) expectations include uncertainties relating to interpretation of drill results and geology, additional drilling results, continuity and grade of deposits, participation in joint ventures, reliance on other companies as operators, fluctuations in metals prices and currency exchange rates, changes in environmental and other laws affecting exploration and mining, and other risks and uncertainties disclosed in CRV’s Annual Information Form and other filings with the applicable Canadian securities commissions on SEDAR. Many of these factors are beyond the control
statement and there can be no assurance that actual results or developments anticipated by CRV will be realized. For the reasons set forth above, investors should not place undue reliance on such forward-looking information. Except as required by applicable law, CRV disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
2
4
141,424,061 23,273,231 69,888,433
$ 1,131,300 $ 930,900 $ 6,180,000
146,979,616 27,050,731 88,082,640
1 From Interim Financials dated Sept 30, 2016; market cap as of Jan 17, 2017 2 As of January 17, 2017 3 From Annual Financials dated Aug 31, 2016; market cap as of Jan 17, 2017
5
“This isn’t just one deposit, it’s a whole entire district that’s going to come to the fore, and it doesn’t get any better…”
Robert Dickinson
6
GOLD BRIDGE BRALORNE
7
Identified porphyry copper mineralization showings lie mostly peripheral to pluton and
extensions. Work program to vector into likely high grade target areas.
7 Bridge River Pluton
8
8
9
9
3.26% Cu/9.1m 0.44% Cu/24.5m View looking northerly towards IKE
9
10
Nichol
Interval Cu Grade % Ag Grade g/t Au Grade g/t Mo Grade % 1.0 metres T 4.37 32.8 0.16 0.015 0.6 metres T 8.91 33.1 0.043 8.5 metres* DD 3.50 34.3 0.079
IKE
10 Near water, road, valley access (view looking easterly) *Limited and incomplete sampling. Historical references at end of presentation
11
Interval Cu Grade Location 60.0 m 0.57% Canyon 30.5 m 1.38% Adit 16.2 m 1.00% Canyon
Russnor Historic Sampling Highlights:
Interval Cu Grade 36.6 metres 0.300% 48.0 metres 0.091% 26.5 metres 0.300%
Russnor Historic Drill Highlights:
613m/5 holes by PD, 51.2/2 holes by TCML and rest by New Jersey Zinc (no data). CRV in 2011
11 Adit
2.96% Cu /9.1m from here
12
BR Showing
12
13
Mineralization extends significantly into plateau area
13 Copper Plateau Showing
450 by 550m Cu soil anomaly, open to S & E (max. 4120 ppm Cu, 75 ppb Au, 457 ppm Mo). Amenable to open pit mining.
14
14
1928-30 Discovery of Cu mineralization at Nichol & Russnor 1929-36 COMINCO: underground development and hand trenching on Russnor & Nichol, with 1.1% Cu/12.2m true width in Russnor adit and 0.57% Cu over 60m from chip sampling the canyon exposure; 2.8% Cu/4.5m on Nichol from trenching. Discovery of Showing #3, 3.26% Cu/9.1m 1955 NORANDA: 1.1% Cu/26.2m in Russnor adit 1961-63 PHELPS DODGE: 613m in 5 DDH on Russnor in 1961, mineralization in 4/5 holes, 0.3% Cu over 36.6m Discovery and hand trenching of BR, 0.57%Cu/7.6m in 1961 Mapping, magnetic and soil surveys on Nichol 1969 TCML: 51.2m diamond drilling in 2 holes on Russnor; entire holes ran 0.3% Cu/26.5m & 0.14% Cu/23.9m 1970-71 CANEX: 590m in 4 90º BQ DDH on BR with 0.134% Cu/9m but no other results reported. Cerro:. Limited mapping & soils on Russnor, 915 ppm Cu, 47 Mo TCML: 1.38 % Cu over 33m from Russnor adit (Elwell, 1970) 1979-81 Polischuk and Goldbridge: 30.5m in 2 DDH, 3.5% Cu, 0.08% Mo/3m, limited sampling on Nichol 381m in 8 BQ DDH, 0.97% Cu/3m. AMAX: Mapping, magnetic & IP surveys on BR
15
2.7 km trend of Au mineralization Diamond drilling, 481m in 10 holes: 5.8 g/t Au over 2.8m, 8.87 g/t Au over 2.4m, inc 15.64 g/t over 1.2m 15.64 g/t Au over 1.5m Au
2 zones Lower: open 600m by 100-300m zone Trenching: 5.3 g/t Au, 583.6 g/t Ag/ 0.8m Upper: open 450 by 100m zone Trenching 1.0 g/t Au, 10.5 g/t Ag / 3m Historical placer gold production downstream
16
Bralorne Gold Mine, 45 km
17
18
pyritic
19
20
21
22
Lee Ann Wolfin, President President of CRV since 2006. Has funded and managed reconnaissance and drill
Southwestern University of Law, California, 1984. Former Director of Avino Silver & Gold Mines Ltd. David Wolfin, Director Over 30 years’ experience in mining and finance. CEO, President and Director of Avino Silver & Gold Mines, Bralorne Gold Mines Ltd. ( a subsidiary of Avino Silver & Gold Mines), President and Director Coral Gold Resources Ltd., Director of Berkley Renewables, President and Director Gray Rock Resources Ltd and former Director of Levon Resources. In his various roles with these companies within the Oniva Mining Group, he has helped raise over C$100 million.
23
Bruno Barde, MSc, BSc, PGeo, Director Provides Cresval with extensive mineral exploration experience, both domestic and
South America and Europe. Previously held senior positions with Placer Dome Inc. and, more recently, served as Regional Chief Geologist for Alamos Gold Corp. 24
25
Jean Pautler, Cresval Geologist
Addison Mines
Jean Pautler manages exploration of Cresval’s projects.
Andrew Kaplan, Advisor
Capital Special Situations Fund, LP which was launched January 1,
pre-public and publicly traded companies.
years, a leading financial public relations firm for both public and private companies in the US, Canada and abroad.
25
An Oniva International associated company
26
27
28
28
29
metals properties in North America.
helped mining companies raise millions of dollars.
are part of the Oniva Group of Companies that include:
years, producing silver, gold, copper and lead. Re-opened in June of 2011.
project in Mexico.
Project adjoining Barrick’s Pipeline Gold Mine; negotiated joint ventures on the property with Amax Gold, Placer Dome, Barrick Gold.
Louis Wolfin near Gold Bridge, BC.
29
30
Name Million T Cu % Mo % Au g/t Ag g/t
Red ChrisA 288 0.37
831 0.23
87 0.29
0.4 MorrisonD 267 0.35 0.005 0.17
478 0.20
512 0.31
233 0.36
1.3 Gibralter (GDP3)H 752 0.30 0.008
663 0.29 0.008
40 0.34
A – I: For information sources refer to reference page in Appendix
RESOURCES AND RESERVES AT SELECTED MINES AND PROJECTS1 30
31
31
Approx: 235 km by road from Vancouver 175 km by road from Lillooet 50 km by road from Goldbridge
32
33
>
MIKE PROJECT COPPER PLATEAU DRILL, TRENCH & SOIL PLAN
JP Exploration Services Inc. April 28, 2012 > > 0-99 in ppm DDH71-4 DDH71-1 DDH71-3 BASALT BASALT QUARTZ MONZONITE QUARTZ MONZONITE DDH71-2 QM Bx QUARTZ MONZONITE QUARTZ MONZONITE
ABBREVIATIONS
OVB overburden BAS basalt LT latite dyke/sill FEL felsic dyke REG regolith QM quartz monzonite QM Bx quartz monzonite breccia FEL LT
0.053%Cu/85.6m
0.033%Cu/205.75m
0.051%Cu/99.1m
0.043%Cu/68.95m
34
MIKE PROJECT RUSSNOR DRILL PLAN
JP Exploration Services Inc. July 17, 2012 4800’ 4900’
ADIT
1.38% Cu/30.5m Elwell, 1970 470000mE 470400mE 5640000mN
100m
69-2: 0.14% Cu/23.9m 69-1: 0.30% Cu/26.5m
OVB overburden B basalt AND andesite LT latite dyke FEL felsic dyke REG regolith AP aplite QM granite QM Bx granite breccia
0.10% Cu/3.05m near bottom
63.7 m 188.67 m 280.4m 163.2 m 142.5 m 82.3m 73.5 m 151.5 m
adit
LEGEND
quartz vein
5639800mN
0.043%Cu/189m
0.03%Cu/36.6m
0.074%Cu/69.3m