Sept 27, 2013 shortform DISCLAIMER TSX-V: IDI Certain statements - - PowerPoint PPT Presentation

PORPHYRY & SKARN COPPER-MOLYBDENUM-GOLD EXPLORATION TSX-V: IDI

Sept 27, 2013

shortform

TSX-V: IDI DISCLAIMER

Certain statements contained in this document, including, without limitation, those concerning the economic outlook for the mining industry, expectations regarding metal prices and production, the completion and commencement of commercial operations of certain of Indico Resources Limited (IDI) projects, and its liquidity and capital resources and expenditure, contain certain forward-looking statements regarding IDI’s economic performance and financial

• condition. Although IDI believes that the expectations reflected in such forward-looking

statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward- looking statements as a result of, among other factors, changes in economic and market conditions, success of business initiatives, changes in the regulatory environment and other government actions, fluctuations in metal prices and exchange rates, and business and

• perational risk management. IDI undertakes no obligation to update publicly or release any

revisions to these forward-looking statements to reflect events or circumstances after the date of the annual report. All subsequent written or oral forward-looking statements attributable to IDI

• r any person acting on its behalf are qualified by the cautionary statements herein.

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TSX-V: IDI COMPANY STRUCTURE

August 22, 2013 Shares Issued 70.9 million Options 6.0 million Warrants 28.1 million Fully Diluted 105.1 million 52 week high/low $0.28/$0.06 Market Cap $3.70 million Outstanding Incentive Stock Options

Expiry Price Amount Proceeds 02/05/2014 $0.21 1,190,000 $ 249,900 10/07/2014 $0.15 345,000 $ 51,750 22/10/2014 $0.24 2,750,000 $ 660,000 24/09/2015 $0.10 1,720,000 $ 172,000 TOTAL $ 1,133,650

Insiders: 17.9 million shares 25.3%

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1 Year Chart

TSX-V: IDI

ROBERT BAXTER President, CEO & Director

• Mr. Baxter brings over 25 years of experience, principally in Latin America, in the mining industry. Mr. Baxter is the General Manager of Baxter

Consultants Engineering, a consulting company located in Peru. From May 2000 to September 2000, he held the position of Business Development Coordinator Americas for North Limited, a senior Australian mining company acquired by Rio Tinto, PLC in October 2000. Also at North Limited, Mr. Baxter held the posts of Regional Geologist, Americas from June 1999 to May 2000 and Regional Manager (Chile/Argentina) from November 1996 to June 1999. Mr. Baxter was previously a Director of Petaquilla Minerals Ltd. and was also a director of Chariot Resources Ltd. which was sold to China Sci Tech, a Hong Kong listed company. Mr. Baxter was the Chairman of the Board of Marcobre S.A.C., a 100% fully owned subsidiary of China Sci Tech, until September 2010. He was President, Director and Chief Operating Officer of Norsemont Mining Inc. until March 2011 when the company was acquired by Hudbay Minerals. Mr. Baxter is also a director of Pan Global Resources Inc..

JOHN DROBE Chief Operating Officer

John is a geologist with over 25 years experience specializing in porphyry copper-gold, epithermal and skarn deposits throughout Latin

• America. Previously John held the position of Chief Geologist for Corriente Resources, and was responsible over a 10-year period for all aspects
• f exploration and resource definition at the company's Mirador, Panantza, and San Carlos porphyry copper deposits. John is also currently the

VP Exploration for Dorato Resources. John is the Qualified Person, as defined by National Instrument 43-101, for all technical content in this presentation.

PEGGY WU Chief Financial Officer

• Ms. Wu is a Chartered Accountant (2009) with strong working knowledge of International Financial Reporting Standards, Canadian and US

Generally Accepted Accounting Principles and public company reporting requirements. She is currently the CFO for Corvus Gold Inc., Corporate controller for Cardero Resource Corp., as well as the Financial Reporting Specialist for the Cardero Group of Companies, which include Balmoral Resources Ltd. and Abzu Gold Ltd. Previously, she served as the Senior Staff Accountant and Supervisor at Smythe Ratcliffe LLP, Chartered Accountants, from 2007 to 2010, where she oversaw all aspects of financial reporting for several publicly traded companies.

MANAGEMENT

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TSX-V: IDI

HENK VAN ALPHEN Director

• Mr. van Alphen has been in the mining business for 24 years. He began his career as a successful exploration/drilling contractor, and then

became the President of Pacific Rim Mining Corp. ("Pacific Rim") where he laid the foundation for Pacific Rim to become a successful South American based resource company. He served as Vice-President of Corriente Resources Inc. from 1994 to 1999, following which he became the President of Cardero Resource Corp. ("Cardero") in 1999, the cornerstone of the Cardero Group of Companies. Mr. van Alphen also holds directorships with the following companies: International Tower Hills Mines Ltd., Ethos Capital Corp. and Wealth Minerals Ltd.

BOB PARSONS Director

• Mr. Parsons is a Chartered Accountant and retired PricewaterhouseCoopers partner after a career spanning 34 years. He currently serves on

the Advisory Board of the Indonesian Mining Association and the International Affairs Committee of the Prospectors and Developers Association of Canada (PDAC), where he served on the board between 1985-2003, the Indonesian Mining Association, the Canada Indonesia Chamber of Commerce, the World Mines Ministries Forum, the Canadian Minerals Industry Federation, the Advisory Council of the Centre for Resource Studies at Queens University, and the Professional Advisory Board of the Government of Canada’s Petroleum Monitoring Agency. He has previously served on the boards of several listed exploration companies. Mr. Parsons is an active independent consultant in developing countries, where he has advised nineteen governments on mineral policy matters.

PATRICK EVANS Director

• Mr. Evans is the President and CEO of Mountain Province Diamonds Inc. and Kennady Diamonds Inc. Between 1999 and 2006, he held senior

management positions with several exploration companies, including SouthernEra Resources Ltd., Messina Limited., Southern Platinum Corp (acquired by Lonmin Plc. in June 2005), and Weda Bay Minerals Inc. (acquired by Eramet S.A. in 2006). Mr. Evans was also the CEO and a director of Norsemont Mining Inc., which was acquired by HudBay Minerals Inc. in 2011, and was non-executive director of Anvil Mining Ltd. acquired by Minmetals in 2011. He was a career diplomat from 1979 to 1998 and is currently a non-Executive director of Pan Global Resources.

LEN HARRIS Director

Leonard Harris is a metallurgist who has had a long and successful career in the mining industry. Of particular importance is Len's career in Peru, where he was President of Newmont Peru Limited and General Manager of Minera Yanacocha South America. It was under Len's leadership that Yanacocha became South America's most successful gold mine.

BOARD OF DIRECTORS

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TSX-V: IDI

BRIAN KERZNER Director

• Mr. Kerzner has over 23 years of experience as a successful entrepreneur in retailing and real estate. Mr. Kerzner is the Founder and President
• f Rocky Mountain Chocolate Factory Canada Inc., which operates retail chocolate stores from coast to coast in Canada. He has also founded

several other private companies that have completed extensive residential and commercial development in Toronto, Phoenix, Whistler and

• Vancouver. Mr. Kerzner has been extensively involved in providing seed capital for many successful public and private companies in the

resources, environmental and technology sectors. He was recently a director of Norsemont Mining Inc.

DAVID SAVAGE Director

• Mr. Savage is Chairman of Stonehouse Construction Limited, a project development company based out of Singapore. Mr. Savage has held

senior executive roles in the construction industry in Australia, Asia and the Middle East for more than 25 years. From 1988 until March 2011,

• Mr. Savage was a senior executive with the Leighton Group of Companies, Australia's largest construction and project development group. He

holds non-Executive Director positions with both Keller Group PLC, a ground engineering company listed on the London Stock Exchange and Mudajaya Corporation Berhad, a Malaysian construction conglomerate, listed on the Kuala Lumpur Stock Exchange.

ERIC WARDLE Independent Director

Eric Wardle is the Managing Director at Stonehouse and has worked in the construction industry for the last 28 years in the United Kingdom, Middle East, Africa and Asia. He has held senior executive roles for the last 13 years and is currently the Managing Director of Stonehouse

• Construction. Mr Wardle joined Leighton (Malaysia) Sdn Bhd in 1995 as a project manager. In 2008 Mr Wardle was appointed Chief Operating

Officer of Leighton International Limited, reporting to the Managing Director and was involved in the corporate over-sight of all business units across South East Asia, Middle East, Central Asia and Africa.

TAREK DAMERJI Independent Director

Tarek Damerji graduated from McGill University in Montreal with a double Major in Economics and Political Science and worked in Corporate Finance for the Toronto Dominion Bank, managing loan and financial portfolios for some of Canada’s largest companies before returning to the Middle East and becoming one of the founders of Bayt.com.. Tarek sold his interest in Bayt to a leading U.S. based Private Equity firm, and founded Wajehat, a company that specialised in the design, engineering and project management of Facades for buildings, and later became the Special Projects Director for the Al Habtoor Leighton Group (HLG). He is also on the Board of Directors for Stonehouse.

BOARD OF DIRECTORS

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TSX-V: IDI STONEHOUSE - INDICO ALLIANCE

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• In

January 2013, Indico and Stonehouse Construction (SHC) signed a Heads of Agreement to form an Alliance on Indico’s mining properties in Peru.

• In May 2013, SHC entered into a private placement

subscription for $1,500,000

• f

convertible debentures, bearing an annual interest of 8%, convertible in whole or in part into a maximum of 13,636,363 units (each a “Unit”) at a price of $0.11 per Unit.

• Each Unit includes one Warrant at $0.16, valid for 2

years

• SHC will enter into an agreement to develop,

construct and operate the mines in Peru, based on a 10% fee on cost for the service provider; with the agreement based on open book Alliance principles.

• SHC will commit to raise a minimum of 33.3% of

required capital for the implementation of any construction as operating capital to be charged on throughput rates.

TSX-V: IDI INTRODUCING STONEHOUSE CONSTRUCTION

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• Formed by a diverse group of shareholders with established construction

and mineral interests spanning South East Asia, India, United Arab Emirates and the Americas.

• A mine developer, operator and construction company with a current

presence in Central Asia, South East Asia and Canada.

• Currently developments include a 16 million tpa iron ore project in

Kazakhstan and gold deposits in Ghana.

• Management team has an extensive and proven track record in creating

and establishing successful, profitable, and sustainable businesses in the international construction and mining sectors

TSX-V: IDI STONEHOUSE SUPPORT

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• Identify, finance, develop and deliver high-potential Mining and

Minerals opportunities, drawing on existing technical partnerships

• Conduct due-diligence on post exploration mining assets, with a view to

add value and higher returns on investment, through its investment, financial structuring, project management, full scale mine operation and minerals processing capability.

• Provision of key experienced mining executive & technical staff.
• “Nation-Building” EPC or EPCM Infrastructure and Building Projects,

experience-leveraged capability to deliver complex infrastructure and building projects through EPC or EPCM arrangements gives confidence that projects are delivered to the customers satisfaction.

TSX-V: IDI STONEHOUSE MINING EXPERIENCE

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• Coal – Mt Owen (Australia); Wahana (Indonesia); Sebuku (Indonesia); Amcoal

Springbok (South Africa); Kaltim Prima (Indonesia); Merit Pila (Malaysia); Kideco Coal (Indonesia); Arutmin Coal (Indonesia); Merak Coal (Indonesia), Satan Batubara (Indonesia).

• Gold – Petropavlovsk (Russia),Intrepid (Australia); Avocet (Malaysia); Abzu

(Ghana); Nui Phao (Vietnam); Cerro Atajo (Argentina); Cordillera del Condor (Peru); Ashton minerals (Australia); Granny Smith (Australia); Southern Cross(Australia); Nullagene (Australia); Harlequin Decline (Australia); St Ives mines (Australia); Minahasa Raya (Indonesia); Batu Hijau Newmont (Indonesia);

• Iron Ore – Aricom (Russia), OneSteel (Australia), Lomonosovsky (Kazakhstan),

Sheini Hills (Ghana), Pampa de Pongo (Peru)

• Nickel – Mt Keith (Australia); Caldag (Turkey)
• Copper – Tintaya (Peru); Taca Taca (Argentina); Mt. Isa Mines (Australia)
• Lead/Zinc – El Brocal (Peru); Santander (Peru); Kria (Canada); Hindustan (India)
• Mineral Sands – Tiomin (Kenya)
• Uranium – Olympic Dam (Australia); Diamante de Los Patos (Argentina)
• Diamonds – Jwaneng (Botswana)

TSX-V: IDI SOUTHERN PERU PORPHYRY COPPER BELT

MORE THAN 40 YEARS OF COPPER PRODUCTION

TOQUEPALA MINE (Southern Copper)

• 3,398 million tonnes @ 0.47% copper

Proven & Probable

CUAJONE MINE (Southern Copper)

• 2,626 million tonnes @ 0.47% copper

Proven & Probable

CERRO VERDE (Freeport – Cerro Verde)

• 3,571 million tonnes @ 0.40% copper

Proven & Probable

QUELLAVECO PROJECT (Anglo American)

• 916 million tonnes @ 0.65% copper

Proven & Probable

ZAFRANAL PROJECT (AQM - Teck)

• 557 million tonnes @ 0.36% copper

Measured & Indicated

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50 km

TSX-V: IDI LOCATION AND INFRASTRUCTURE

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50km Ocaña

Toquepala Quellaveco Cuajone Zafranal Matarani Port Ilo Port Cerro Verde Rio Ocoña 180 MW 

Transmission Lines 500 kv (tendered) 220 kv 138 kv 60 kv Hydroelectric Projects In Construction

• Redesigned

Rio Ocoña RoR will be 180MW, ready for 2015

Ocoña Substation

Substations

• Ocoña Substation

to be ready for 2014

• Chuquibamba

41km to east

Chuquibamba Substation

Power : Rio Ocoña Run of River 180MW project (2015) or National Grid lines Port: ~180km from Matarani deep port

TSX-V: IDI

OPTION AGREEMENT INDICO CLAIMS

• 110 sq. km. property package
• 100% clear ownership at completion
• SX/EW and large-tonnage Cu-Au sulphide

potential confirmed by 2012 drilling programme

OCAÑA PROPERTY

13 Year Cash Shares

TSX-V Approval $387,272 2011 (April 20th) $322,727 200,000

2012

$451,818 300,000 2013 $516,364 500,000 2014 $580,909 1,000,000 2015 $15,490,909 6,500,000 TOTAL $17,750,000 8,500,000

TSX-V: IDI OCAÑA PROPERTY - OVERVIEW

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Camp

Looking Northeast

Good Logistics

• Low elevation, between 1700 and 2200 m.a.s.l.; large areas suitable for mine infrastructure
• Desert environment allows for stable roads & drill platforms
• Water for drilling 10km away in the Rio Ocoña

Trafigura drill road

TSX-V: IDI OCAÑA GEOLOGY AND PHASE 2 DRILL RESULTS

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Phase 1: mid-2011

• 2200 m in 5 holes
• Mineralization starts

near surface

• Clipped copper oxide &

2nd sulphide in shallow supergene zone along south margin

*Copper equivalent calculations represent the total metal value for each metal, multiplied by the conversion factor, summed and expressed in equivalent copper percentage. These results are exploration results only and no allowance is made from recovery losses that may occur should mining eventually result. The three-year, moving-average metal prices used for the purposes of the equivalency calculations are copper $US3/pound, gold $US1200/ounce, molybdenum $US15/pound and silver $US21/ounce.

Phase 2: late-2012

• 4733 m in 19 holes
• Defined supergene

blanket with soluble Cu mineralization

• Intersected highest-

grade breccia-hosted hypogene mineralization, still open to east

TSX-V: IDI OCAÑA PROPOSED PHASE 3 EXPLORATION

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Phase 3 Drill Proposal

• 4650 m in 36 holes
• 32 infill holes at 75-

100m spacing to define supergene zone for initial resource estimation

• 4 holes will probe

eastern limits of high- grade hypogene

Phase 3 Budget

• Drilling & Support

$2.7M

• Metallurgy $400,000
• PEA Study $600,000
• TOTAL: $3.7M

TSX-V: IDI OCAÑA SX/EW PROJECT - HIGHLIGHTS

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• Mineralogy of the oxide species consists of 95% chalcanthite and brochantite with

minor malachite and azurite.

• Sooty chalcocite makes up about 50% of the supergene material.
• Large areas are available for leach pads adjacent to the proposed mining area.
• Additional mineralized material is known to exist on the neighbouring Trafigura

Property

• Mining of the oxide-supergene mineralization would leave the sulphide body with

practically zero strip ratio making mining very low-cost.

TSX-V: IDI SUPERGENE ORE: SOLUBLE COPPER FOR SX/EW

18 Solvent extraction and electrowinning (SX/EW) is a two-stage metallurgy process that first extracts and upgrades copper ions from low-grade acidic leach solutions into a solvent containing a chemical that selectively reacts with and solubilizes the copper in the

• solvent. The copper is extracted from the solvent with strong aqueous acid which then deposits pure copper onto cathodes using an

electrolytic procedure (electrowinning).

Soluble Copper Exploration Target*:

• Current geological concept is 20-30

million tonnes of supergene mineralization

• Grade is 0.5 – 0.6% Cu
• Preliminary lab tests indicate 80 - 85%

recovery

• Main minerals are copper oxides,

sulphates, and secondary sulphide (chalcocite)

*Note: These quantity and grade ranges are conceptual in nature, as there has been insufficient exploration to define a mineral

• resource. It is uncertain if further exploration will

result in the target being delineated as a mineral

• resource. This exploration target is based on the

drill results as illustrated in the maps and sections within the presentation, and also available in more detailed versions on our website.

TSX-V: IDI OCAÑA PHASE 3 OBJECTIVES

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Phase 3: Drill the SX/EW project

• Convert the current conceptual geological target* of a 20-30Mt SX/EW project with

grades between 0.5% Cu and 0.6% Cu to an initial resource estimate

• Metallurgical testing should repeat sequential leach average recoveries of 80 -85% Cu
• Baseline environmental studies
• Prepare PEA on the basis of the initial resource estimate and other data, leading to fast

tracking and permitting of SX/EW project by Q1 2015.

Phase 3: Drill the Sulphide extensions

• Intersected highest-grade breccia-hosted hypogene mineralization in Phase 2, still
• pen to east which will be further defined in Phase 3 drilling by an additional four

holes.

• Sulphide mineralization continues to the north onto the Trafigura property.
• Trafigura recognize and commented in our meetings that the Indico and Trafigura

properties will have to be unitized or consolidated going forward. *Note: These quantity and grade ranges are conceptual in nature, as there has been insufficient exploration to define a mineral resource. It is uncertain if further exploration will result in the target being delineated as a mineral resource. This exploration target is based on the drill results as illustrated in the maps and sections within the presentation, and also available in more detailed versions on our website.

TSX-V: IDI MARIA REYNA PROPERTY LOCATION AND NEIGHBOURING DEPOSITS

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Andahuaylas-Yauri Belt – Southern Peru

LIMA Huancayo Cusco Arequipa Constancia Tintaya Antapaccay

Coroccohuayco

Eocene – Oligocene Belt

Maria Reyna

Haquira Las Bambas 100km *Cotabambas (95km): 404MT @ 0.42% Cu, 0.23 g/t Au Las Bambas (62km): 1.7BT @ 0.60% Cu, 166 ppm Mo **Haquira (66km): 690MT @ 0.59% Cu, 120 ppm Mo

***Constancia (8km): 450MT @ 0.36% Cu, 102 ppm Mo

Tintaya (75km): 720MT @ 0.56% Cu Antapaccay (75km): 1BT @ 0.49% Cu Cotabambas

* Inferred resources ** Measured & indicated *** Reserves only

PLAYERS

• Xstrata:

Las Bambas (23 billion pounds copper) Tintaya District (26 billion pounds copper)

• Panoro:

Cotabambas (3.7 billion pounds copper, 3 Moz. gold)

• First Quantum:

Haquira (12 billion pounds copper)

• Hudbay:

Constancia (5.7 billion pounds copper)

TSX-V: IDI

MARIA REYNA CLAIMS

• 3164 hectare option package
• Three identified Cu skarn zones
• One drill-confirmed Cu-Mo porphyry under SW Zone; two
• thers probable
• Located on all-season dirt road, about 4.5 hours from

regional capital of Cusco

• Less than a third of the concessions are covered by

geochemical and geophysical surveys

MARIA REYNA PROPERTY

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Cu Rock Grid

TSX-V: IDI MARIA REYNA PROPERTY – SOUTHWEST ZONE

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SW Zone – looking NE

DH-010: DH-004: 230m of 0.35% CuEq DH-003 DH-009 DH-011: 62m of 0.68% CuEq (EOH) 160m 1.03% CuEq 72m of 0.47% CuEq

5 hours to Cusco 45 minutes to Constancia Cu-Mo project

*Copper equivalent calculations represent the total metal value for each metal, multiplied by the conversion factor, summed and expressed in equivalent copper percentage. These results are exploration results only and no allowance is made from recovery losses that may occur should mining eventually

• result. The three-year, moving-average metal prices used for the purposes of the equivalency calculations are copper $US3/pound, molybdenum

$US15/pound and silver $US21/ounce.

VALE 2010 DRILLING

• completed 11 holes

totaling 5585 metres

• mostly targeted highest

Cu anomaly in surface

• utcrops
• Several intersections of

shallow skarn and minor endoskarn

• Weak – moderate

porphyry mineralization at depth

• Strongest mineralization

is within breccia with semi- massive sulphides: 80m of 1.71% CuEq, within 160m of 1.03% CuEq

TSX-V: IDI MARIA REYNA HIGHLIGHTS

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• Four mineralized Cu-Mo ± Au porphyry-skarn systems with significant potential.
• Only one of these, the SW Anomaly, was partially tested with wide-spaced

drilling by Vale in 2010.

• Vale drilling successfully defined a footprint outlining significant additional

mine life for the Constancia milling complex under construction by Hudbay

• Minerals. Further drilling will most certainly add tonnes.
• Higher-grade skarn near surface not fully defined, but obvious focus for next

phase of drilling.

• The NE Anomaly appears to be a large porphyry system with peripheral skarn

which is the subject of informal mining.

• The North Skarn anomaly was trenched by Phelps Dodge in the 90´s and is a

large copper mineralised skarn field with suspected underlying porphyry copper mineralization.

• Panoro’s Kusiorcco Anomaly of extends onto the southeast corner of the

property and surface geology strongly suggests a porphyry centre.

TSX-V: IDI

Option Agreement Proposed Budget (12 months)

• corner to corner soil sampling (3100 samples) with

mapping: $100,000

• Scout drilling NE Zone and North Skarn (5,500m):

$2M

• Property Payments (see above): $2M
• Logistics (personnel, camp): $1.1M
• Community: $100,000
• Studies (metallurgy, resource estimates): $400,000
• TOTAL BUDGET = $5.7M

Date Cash Shares TSX-V Approval $2,000,000

• On the Drilling Date
• 1,000,000

6 months after Drilling Date

• 1,000,000

12, 18, 24, & 30 months after

• 2,000,000

36 & 48 months after

• 5,000,000

60 months after

$20,000,000 10,000,000 TOTAL $22,000,000 30,000,000

MARIA REYNA PROPERTY PROPOSED EXPLORATION

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Cu Rock Grid

TSX-V: IDI SUMMARY

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• The two newest copper discoveries in Peru: Ocaña &

Maria Reyna

• Both are large-scale Cu-Au-Mo sulphide projects
• Low cost SX/EW copper potential at Ocaña, plus

upside on neighbouring property

• We have more than 50 years combined experience

successfully exploring, developing, building and

• perating mines in Peru

TSX-V: IDI CONTACT INFORMATION

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CORPORATE OFFICE

Indico Resources Ltd. 1010 - 1130 West Pender St. Vancouver, BC, Canada, V6E 4A4 Phone : +1 604.638.5938 Fax: +1 604.408.7499 Email : info@indicoresources.com Website: www.indicoresources.com Contact: Robert Baxter bbaxter@indicoresources.com