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New Raven Au, Mike Porphyry Cu Projects, BC
October 2017
New Raven Au, Mike Porphyry Cu Projects, BC TSX.V: CRV | Frankfurt: - - PowerPoint PPT Presentation
October 2017 New Raven Au, Mike Porphyry Cu 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 laws.
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October 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.
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142,000,000 24,023,231 91,300,000
$ 26,980,000 $ 1,201,000 $10,956,000
157,555,555 27,845,731 122,500,000
1 From Amarc Corporate Presentation Feb 2017; market cap as of June 9, 2017 2 As of June 9, 2017 3 From Carube Corporate Presentation May 24, 2017; market cap as of June 9, 2017
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“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
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GOLD BRIDGE BRALORNE
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Identified porphyry copper mineralization showings lie mostly peripheral to pluton and
extensions. Work program to vector into likely high grade target areas.
13 Bridge River Pluton
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3.26% Cu/9.1m 0.44% Cu/24.5m View looking northerly towards IKE
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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
16 Near water, road, valley access (view looking easterly) *Limited and incomplete sampling. Historical references at end of presentation
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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
17 Adit
2.96% Cu /9.1m from here
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BR Showing
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Mineralization extends significantly into plateau area
19 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.
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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
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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.
Exploration geologist and manager for 52 years with majors including Cominco, Selection Trust, BP Minerals, RTZ, and Gencor until 1994 in Europe, Mexico, Australia, South Africa and the USA. Contributed to major mineral discoveries, some of which became successful producing mines. Subsequently founded three junior exploration companies. Currently President, CEO and Director of Selex Resources, a private Ontario Corporation. Retired Independent Director of Hecla Mining Company.
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Matt Wayrynen, Director
capital, startup financing, and mergers and acquisitions. He is an original co-founder and former President and CEO of TrichoScience Innovations Inc., which became Replicel Life Sciences Inc. As a director of Quinto Mining, he helped raise millions of dollars and advanced a Quebec iron ore property to a viable project. Quinto sold to Consolidated Thompson Iron Mines in June 2008 for a share value equal to $175
billion). Currently, he is also a director of several publicly-listed resource companies. 24
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Jean Pautler, Cresval Geologist ▪ Yukon Prospector of the Year 2010 ▪ Independent Geologist since 2001 ▪ Major company experience includes Teck Exploration and Kerr Addison Mines ▪ Graduate of Laurentian University, Honors B.Sc in geology ▪ 35 years experience in North American Cordillera
Jean Pautler manages exploration of Cresval’s projects.
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An Oniva International associated company
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▪ Formed Cresval in 2001 to explore and develop precious metals properties in North America. ▪ Began in the 1950s as a stockbroker, built his own firm and helped mining companies raise millions of dollars. ▪ Began building his own mining companies in the 60s which are part of the Oniva Group of Companies that include: ▪ Avino Silver & Gold Mines operated the Avino Mine for 27 years, producing silver, gold, copper and lead. Re-opened in June of 2011. ▪ Levon Resources: was developing massive porphyry copper project in Mexico. ▪ Coral Gold Resources: exploring/developing Robertson Project adjoining Barrick’s Pipeline Gold Mine; negotiated joint ventures on the property with Amax Gold, Placer Dome, Barrick Gold. ▪ Bralorne Gold Mines: historic mine recently went back into
Louis Wolfin near Gold Bridge, BC.
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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
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Approx: 235 km by road from Vancouver 175 km by road from Lillooet 50 km by road from Goldbridge
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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
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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