Eloro Resources Ltd. · TSX:ELO
Eloro Resources — Investor Presentation (September 2017)
35 slides from Eloro Resources's investor presentation, September 2017
Slide 1: Corporate Presentation September 2017
TSXV ELO | FSE P2Q Corporate Presentation September 2017
Slide 2: Forward Looking Statements
Forward Looking Statements Certain information contained herein regarding Eloro Resources Ltd., including management’s assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks, including but not limited to risk
Slide 3: Eloro Land Holdings
ELORO Land Holdings LA VICTORIA, Ancash, Peru GOLD SILVER Situated near world-class, low-cost gold producers Tahoe Resources Inc. and Barrick Gold Corporation 16 concessions, 8,930 ha (89.3 km2) Low Sulphidation Epithermal Deposits Four Principal Mineralized Zones: San Markito, Rufina, Victoria, Vic
Slide 4: La Victoria: Large Unexplored Opportunity in the North-Central Mineral Belt
Large Unexplored Opportunity LA VICTORIA in the North-Central Mineral Belt La Victoria is 100% owned by Eloro and has never been drilled Located near world-class, Excellent potential for gold low-cost gold producers discovery in Peru’s prolific Tahoe and Barrick North-Central Mineral Belt Recently a
Slide 5: La Victoria: Large Unexplored Opportunity in the North-Central Mineral Belt
Large Unexplored Opportunity LA VICTORIA in the North-Central Mineral Belt Located in Ancash Department, La Victoria sits on the western slopes of the Peruvian Andes at elevations that vary from 3,000 m to 4,500 m above sea level. The property is located 12 hours from Lima with a travel distance of
Slide 6: La Victoria 100% Owned Concessions
LALA VICTORIA 100% Owned Concessions 100% OWNED CONCESSIONS Recent staking has increased Eloro’s land position to 8,930 ha (89.3 km2) Nine registered mining concessions Seven mining claims in the registration process of which four are currently under technical review Publicly-traded Canadian junior
Slide 7: La Victoria, Peru: Never Been Drilled
Was Privately Owned for Over 30 Years LA VICTORIA, PERU Never Been Drilled, Although Three Major Mineralized Targets Have Been Known Since the ‘70s. |7
Slide 8: La Victoria Adjacent Ownership
LA VICTORIA Adjacent Ownership NEWMONT Reserves of 68.5 MM oz Au and Resources of 47.7 MM oz BARRICK Reserves of 85.95 MM oz Au and Resources of 106.5 MM oz ANGLO AMERICAN A major integrated mining company with PGM, Cu, Ni and Diamonds FRESNILLO Reserves of 9.4 MM oz Au and Resources of 18.87 MM oz
Slide 9: Gold Producers North Central Mineral Belt
GOLD PRODUCERS North Central Mineral Belt Gold Gold Production Cash Cost Reserves Distance from Mine Company ('000 oz) (US$/oz) (MM oz) Deposit Type La Victoria Yanacocha Newmont Mining /Buenaventura 336 700 2.96 Epithermal HS Disseminated 160 km NNW Pierina Barrick Gold Corporation 835 45 (1998) N/
Slide 10: La Victoria In Elephant Country
LA VICTORIA In Elephant Country North-Central TANTAHUATA Y 1.5 M ozAu Mineral Belt, Peru YANACOC HA 40 M ozAu VOLCANIC - HOSTED Deposits in Tertiary Volcanics Yanacocha, Cerro SHAHUIND O Colorado, Tantahuatay, 2.5 M ozAu La Zanja, Minas Conga, LAGUNAS LAARENA 1.6 M ozAu NORTE El Galeno, Michiquillay
Slide 11: La Victoria Preliminary Geological Model (Looking to the East)
Preliminary Geological Model LA VICTORIA (Looking to the East) Approximate Projection of new Victoria / Victoria South Mineralized MAGNETIC MAGNETIC CHARGEABILITY ANOMALY ANOMALY Zones ANOMALY IP ANOMALY STRIKE LENGTH 1,250m N-S LITHOLOGY ALTERATION STRUCTURE | 11
Slide 12: Geological Plan Map showing Locations of Major Target Areas
Geological Plan Map showing LA VICTORIA Locations of Major Target Areas SAN MARKITO PUCA FAULT CCORI ORCCO VICTORIA Campanario Chonta Fault Fault VICTORIA SOUTH RUFINA Tocanga Fault | 12
Slide 13: Puca Fault – a Major Feeder Structure for Epithermal Gold Mineralization
Puca Fault – a Major Feeder Structure LA VICTORIA for Epithermal Gold Mineralization CCORI ORCCO SAN MARKITO San Markito – 0.8 g Au/t & 229 g Ag/t over 3.5 m Target 1 VICTORIA NEW GOLD TREND Target 2 VICTORIA SOUTH Victoria – 8.4 g Au/t over 1.2 m PUCA FAULT RUFINA Victoria S – 13.66 g Rufina – 14.4
Slide 14: La Victoria Preliminary Geological Model
LA VICTORIA Preliminary Geological Model SAN MARKITO PUCA FAULT CCORI ORCCO Campanario Fault VICTORIA Chonta Fault VICTORIA SOUTH RUFINA Tocanga Fault | 14
Slide 15: La Victoria Geology
LA VICTORIA Geology PUCA FAULT | 15
Slide 16: Gold Sample Distribution of the San Markito and Rufina Target Areas
Gold Sample Distribution of the GEOLOGY San Markito and Rufina Target Areas SAN MARKITO-VICTORIA CROSS SECTION San Markito – 0.8 g Au/t & 229 g Ag/t over 3.5 m Rufina – 20.5 g Au/t over 0.4 m | 16
Slide 17: Geological Interpretation – Rufina Area
GEOLOGY Geological Interpretation – Rufina Area Gold mineralization at Rufina is hosted in extensive sheeted sets of veins, veinlets swarms, stockworks and breccias in sedimentary and dioritic intrusive rocks The vein-controlled systems are 20-70 m wide, up to 500 m long with a dominant NW-SE strike
Slide 18: NE-SW Cross Section San Markito to La Victoria
NE-SW Cross Section San Markito GEOLOGY to La Victoria SAN MARKITO LA VICTORIA SILICA CAP | 18
Slide 19: Drilling Program: Gold and Silver Targets
DRILLING PROGRAM Four Current Identified Targets Gold and Silver SAN MARKITO VICTORIA Targets Rock Sample Results Au g/t Rock Sample Results Au g/t <10 10 – 100 <0.2 100 – 250 SAN FELIPE 2 0.2 – 1.0 250 – 500 1.0 – 5.0 >500 5.0 – 10.0 >10.0 Rock Sample Results Au g/t RUFINA VICTORIA SOUTH <0.2 0.2 –
Slide 20: Resistivity of the Rufina Mineralized Zones
Resistivity of the Rufina ISOMETRIC MODEL Mineralized Zones RUFINA WEST RUFINA EAST RUFINA WEST RUFINA EAST | 20
Slide 21: Geophysics Magnetics Map with Target Areas
GEOPHYSICS Magnetics Map with Target Areas SAN FELIPE 2 SAN MARKITO Gold-silver mineralization occurs in structures associated with dioritic and ROMINA 01 sedimentary rocks Magnetic map (analytical signal) shows a number of very prospective targets in intrusives and sediments Page 27 shows the miner
Slide 22: Eloro Capital Structure
ELORO Capital Structure TSX- V: ELO Exchange Frankfurt: P2Q (WKN A1JKAT) Shares Issued and Outstanding (September 15, 32.8 million 2017) Warrants 5.9 million ($0.24 to $0.50 on exercise) Options 2.9 million ($0.10 to $0.77 on exercise) Fully Diluted 41.6 million Share Price $0.84 (September 15, 2017
Slide 23: La Victoria Timeline
LA VICTORIA Timeline Phase I Proposed Drilling Further Drilling Preparation, Program in Q3 Drilling and Permits, and at San Markito Development Logistics and Rufina Continued Geological Mapping, Sampling and Geophysical Surveys | 23
Slide 24: La Victoria Historical Acquisitions
LA VICTORIA Historical Acquisitions LA ARENA & SHAHUINDO GOLD DEPOSITS are 50 km north of Acquired for LA VICTORIA $1.3 BILLION CAD $4/share equiv. (CDN) PIERINA DEPOSIT is 135 km south of Acquired for LA VICTORIA $1 BILLION CAD AREQUIPA $30/share equiv. (CDN) RESOURCES | 24
Slide 25: Board of Directors
BOARD OF DIRECTORS THOMAS LARSEN Thomas Larsen has over 30 years of experience in the investment industry. He was Chairman and CEO the founder and CEO of Champion Minerals Ltd. and was recently the CEO of Champion Iron Limited (formerly Champion Minerals Ltd). He specializes in managing junior minin
Slide 26: Management Team
MANAGEMENT TEAM THOMAS LARSEN Thomas Larsen has over 30 years of experience in the investment industry, and most Chairman and CEO recently, was the President and Chief Executive Officer of Champion Iron Limited. He specializes in corporate finance and management of junior mining companies, and has r
Slide 27: Advisory Board
ADVISORY BOARD WILLIAM N. PEARSON Dr. William N. Pearson is a true leader in geoscience. He has over 40 years of direct experience Ph.D., P. Geo. in global mineral exploration and production. Has played an integral role in creating the value that led to successful acquisitions of Desert Sun Mining C
Slide 28: Why Invest in Eloro
WHY INVEST IN ELORO In the Peruvian Gold Belt Large Unexplored Land-holding 100% owned asset in a stable, Eloro is a publicly-traded Canadian mining-friendly jurisdiction, junior amongst majors (Barrick, within sight of world-class, Tahoe) with a large land position low-cost producing gold mines in
Slide 29: Appendix
APPENDIX | 29
Slide 30: Plan Geology Map of Tahoe Resources' La Arena Mine
Plan Geology Map of Tahoe Resources’ GEOLOGY La Arena Mine Source: Tahoe Resources Inc. | 30
Slide 31: Cross Section of Tahoe Resources' Shahuindo Mine
Cross Section of Tahoe Resources’ GEOLOGY Shahuindo Mine Source: Tahoe Resources Inc. | 31
Slide 32: Plan Map Gold Rock Sampling
PLAN MAP GOLD Rock Sampling SAN MARKITO - VICTORIA AREA ALTERATION AND MINERALIZATION Source: Eloro News Release December 14, 2016 | 32
Slide 33: Plan Map Silver Rock Sampling
PLAN MAP SILVER Rock Sampling SAN MARKITO - VICTORIA AREA ALTERATION AND MINERALIZATION Source: Eloro News Release December 14, 2016 | 33
Slide 34: La Victoria Geological Similarities to Area Mines
LA VICTORIA Geological Similarities to Area Mines Lagunas Norte La Victoria Host Rock Chimu FM Sediments Chimu FM Sediments (San Markito) Diatreme Breccia Breccia (San Markito, Possibly Diatreme) High Iron Oxides with Ore; High Grades with Iron Oxides in Fracture Disseminated and Fracture Filling Fi
Slide 35: Canada Peru elororesources.com
TSXV ELO | FSE P2Q CANADA PERU 20 Adelaide Street East, Suite 200 Jiron Botoneros 278 Toronto, Ontario, Canada M5C 2T6 Santiago de Surco Lima, Peru Toll Free: 1 800 360-8006 Tel: 1 416 868-9168 Tel: 51 986 651-325 TOM LARSEN LUC PIGEON CEO General Manager, Cia Minera Eloro Peru S.A.C. elororesources
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