ONE OF THE LARGEST DEVELOPMENT STAGE SILVER PROJECTS IN THE WORLD
P RIME REG IONS . P RIME P ROJ ECTS . INTEL L IG ENT E X P LORATION .
May 2018
ONE OF THE LARGEST DEVELOPMENT STAGE SILVER PROJECTS IN THE WORLD P - - PowerPoint PPT Presentation
ONE OF THE LARGEST DEVELOPMENT STAGE SILVER PROJECTS IN THE WORLD P RIME REG IONS . P RIME P ROJ ECTS . INTEL L IG ENT E X P LORATION . May 2018 Safe Harbour Disclaimer & Resource Disclosure Certain statements contained herein regarding the
May 2018
TSX: LVN
2
Certain statements contained herein regarding the Company and its operations constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations for future performance, are “forward-looking statements.” We caution you that such “forward looking statements” involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such risks and uncertainties include fluctuations in precious metal prices, unpredictable results of exploration activities, uncertainties inherent in the estimation of mineral reserves and resources, fluctuations in the costs of goods and services, problems associated with exploration and mining operations, changes in legal, social or political conditions in the jurisdictions where the Company operates, lack of appropriate funding and other risk factors, as discussed in the Company’s filings with Canadian and American Securities regulatory agencies. Resource and production goals and forecasts may be based on data insufficient to support them. Mr. Vic Chevillon, MSc, CPG, is the Qualified Person for the Company as required by NI 43-101. The Company expressly disclaims any obligation to update any forward-looking statements. Risk factors to which the company and its business are subject are described in the section “Risk Factors” contained in its most recent annual information form, which is available under the company’s profile at www.sedar.com (http://www.sedar.com).
TSX: LVN
3
CHIHUAHUA
Mexico
HIDALGO DEL PARRAL Penasquito (Goldcorp) Camino Rojo (Canplats) La Preciosa (Coeur Mining)
San Augustin (Silver Standard) Pitarilla (Silver Standard)
CORDERO
Cities Mines Chihuahua-Zacatecas Silver-Gold Belt Legend
300 200 100 Km Mi 100 200
3
TSX: LVN
4
4
TSX: LVN
5
✓ Resource is not drilled off—open to expansion on strike and at depth ✓ Advanced metallurgy targeting improved recoveries
Cut off Grade $/t Resource Class Million Tonnes AgEq g/t Ag g/t Zn % Pb % Au g/t 15.00 Indicated 990.1 31.92 12.81 0.37 0.17 0.04 Inferred 282.2 56.43 20.66 0.75 0.3 0.04
1 Totals may not sum due to rounding. *Resource-related disclosure on the Slide #2: Safe Harbour Disclaimer & Resource Disclosure.
2018 Cordero Project Mineral Resources 1
TSX: LVN
6
Contained Metal Contained AgEq Oz (000s) 2 Ag, Oz (000s) Zn, Lbs (000s) Pb, Lbs (000s) Au, Oz (000s) Indicated 1,016,045 407,761 8,030,051 3,774,996 1,273 Inferred 512,017 187,461 4,665,047 1,859,799 363 Total 1,528,062 595,222 12,695,098 5,634,795 1,636
31.1034768 grams in one troy ounce, reported as oz/t (where t= tonne)
2 Calculated using AgEq g/t as reported in Press Release dated: March 5, 2018 *Resource-related disclosure on the Slide #2: Safe Harbour Disclaimer & Resource Disclosure.
Chihuahua, Mexico
Skilled, experienced work force only 35 km away in Hidalgo Del Parral with 120,000 people and 35-40% unemployment Low relief, rolling topography ideal for
tailings disposal (dams can be constructed of waste rock and mill tailings) Easy road access, 10 km off State highway E of Sierras Abundant power and water
7
TSX: LVN
8
TSX: LVN
9
80.6 g/T Silver 1.41% Zinc 2.27% Lead 0.61 g/T Gold
TSX: LVN
10
410.1 g/t Silver 2.92% Zinc 7.06% Lead 1.057 g/t Gold
TSX: LVN
11
TSX: LVN
12
Original claims New claims staked 2014
Original claims
5km Grid
New claims staked 2014
Area of Current NI 43-101 Resource
Legend
Area of initial 43-101 Resource 2009-2012 Core Drilling Tertiary felsic volcanic Intrusive centers & diatremes
TSX: LVN
13
1 km grid Aida claim and 2013/2014 drilling Resource Proximal Delineation Target
30Apr14 Aida Drilling Press Release Cordero Resource (July, 2012) Proximal Resource Delineation Target Cordero Project, Chihuahua, Mexico
N Previous drill holes
TSX: LVN
14
14
TSX: LVN
15
Under the direction of M3 Engineering and Independent Mining Consultants Current 88% metallurgical recoveries from 3rd round bench scale tests likely to improve with additional testing Expand mill design
16
TSX: LVN
17
TSX: LVN
18
SILVER – Spot Price (EOD) CME
10 15 20 25 30 35 40 45 50 Jan-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Jan-14 Jan-16 Jan-18 Support Support
19
Ron Tremblay and Vic Chevillon at Cordero
Ron Tremblay President/CEO and Director Daniel Vickerman Chairman and Director Vic Chevillon, M.Sc., C.P.G. V..P . Exploration and Director JoAnne Odette CFO Christina Boddy Corporate Secretary Gary Robertson Director Edward Karr Director Francisco Armenta Mexico Operations
20
TSX: LVN
21
Shares Outstanding 125,617,907 Options Outstanding 8,846,000 Warrants Outstanding 2,571,214 at $0.50 Expiring Feb 2020 Fully Diluted 137,035,121 Recent Price $0.31 Insiders own approximately 18.01%
Listed on: TSX: LVN OTCQX: LVNVF
Chihuahua, Mexico
21
Chihuahua, Mexico
Suite 500, 666 Burrard St. Vancouver, BC V6C 2X8 778.379.0040 IR contact: 604.682.2991 IR@Levon.com
levon.com