Salazar Resources Limited · TSXV:SRL
Salazar Resources — Investor Presentation (March 2012)
28 slides from Salazar Resources's investor presentation, March 2012
Slide 1: Salazar Resources Ltd. Investor Presentation
SALAZAR RESOURCES LTD. Investor Presentation March 2012 March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 1
Slide 2: Disclaimer
Disclaimer Forward-looking statements: This report includes certain statements that may be deemed forward-looking. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or
Slide 3: Investment Highlights
Investment Highlights • Major near surface high grade discovery with a resource estimate of 5.53Mt High Grade indicated and 1.46Mt inferred Discovery at El − Indicated average grades of 2.4% Cu, 2.5% Zn, 0.3% Pb, 2.8 g/t Au, and 48.4 g/t Ag • Richest combined metal grades of all VMS deposits in Ande
Slide 4: Capital Structure
Capital Structure Capital Structure Share Performance TSX-V Symbol SRL Share Price (as at Feb 29, 2012) $0.67 52 Week Range $0.365 - 1.44 Issued and Outstanding 46,075,232 Fully Diluted 55,761,429 Market Capitalization ~$31M Working Capital ~$4M Options and Warrants Holders Options 3,995,156 Managem
Slide 5: Key Personnel
Key Personnel Experienced management with technical and local expertise Management Team • Fredy Salazar, President & CEO – M.Sc., 27 years experience, Newmont Exploration, original work of Fruta del Norte • Francisco Soria, Ing., Exploration Manager – 22 years geological experience, 8 years with New
Slide 6: Curipamba Project
Curipamba Project A newly discovered high grade VMS camp with gold-rich Cu-Zn VMS and structural zones. The mineralized body now has a strike length of 850m North – South and an East – West width of between 300-500m, with an average thickness of 10m. The body is sub-horizontal at 100m below surface.
Slide 7: Curipamba Project Overview
Curipamba Project Overview Curipamba Property Map Of Curipamba • 100% owned • Located in a gold, silver, and copper exploration district in the Western Cordillera of Ecuador − ~30,000 hectares − 2.5-hour drive from Guayaquil • Hosts volcanic massive sulphide mineralization in the Las Naves area El D
Slide 8: Curipamba Project Location
Curipamba Project Location Large 30,000 hectare land package near infrastructure • Over 30,000 hectares 100% owned • 25km from Pan-American highway • Power and water to site Pan-American Highway • 120 km from Port of Guayaquil Curipamba March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 8
Slide 9: Geophysical Targets
Geophysical Targets Several geophysical targets exist within 3 main areas El Domo Coral March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 9
Slide 10: El Domo Drilling
El Domo Drilling Current drilling focused on El Domo: 31,855 metres in 167 holes D A B C March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 10
Slide 11: Current El Domo Resource
Current El Domo Resource Current El Domo resource estimate of 5.53Mt Indicated and 1.46Mt Inferred El Domo NI 43-101 Compliant Resource Contained Contained Contained Contained Contained Category Cut-off Tonnes Copper Zinc Lead Gold Silver Copper Zinc Lead Gold Silver $ (Mt) (%) (%) (%) (g/t) (g/t) (
Slide 12: El Domo Long Section S-N (East)
El Domo Long Section S-N (East) A flat 850 metre strike length near surface is identified March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 12
Slide 13: El Domo Cross Section E-W (5350N)
El Domo Cross Section E-W (5350N) Mineralization continues under El Domo intrusive March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 13
Slide 14: Deposit Remains Open
Deposit Remains Open Recent drilling highlights resource expansion to the east and south March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 14
Slide 15: El Domo Drill Hole Highlights
El Domo Drill Hole Highlights Salazar continues to deliver high grade drill results • Several drill holes intersected a massive to semi-massive sulphide mineralization under the andesite sill, several of these with faulted zones. • The persistence of the mineralized horizon eastwards beneath the and
Slide 16: Drill Core Samples – El Domo
Drill Core Samples – El Domo Typical VMS intersections March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 16
Slide 17: Preliminary Metallurgy Studies
Preliminary Metallurgy Studies Preliminary metallurgy studies show good recoveries • Gold and silver deportment studies completed by Surface Science Western on July 18, 2011 indicate that gold occurs in two forms: – 61.3% visible microscopic (free) – 38.7% sub-microscopic • A metallurgical study com
Slide 18: Dr. James Franklin August 2009 Report
Dr. James Franklin August 2009 Report Expert analysis indicates potential for a cluster of deposits • The Curipamba District has excellent potential for additional discovery: – The Curipamba volcanogenic massive sulfide (VMS) camp is one of three major hydrothermal centres with VMS mineralization in
Slide 19: Exploration Potential
Exploration Potential Significant exploration potential exists at El Domo and other areas Naves Central Zone • Currently only 17% of Naves Central Zone has been explored 2 • 10 geophysical anomalies not tested around El 1 8 Domo Deposit 3 • 5 geophysical anomalies not tested in Sesmo 7 Sur-La Vaquer
Slide 20: Curipamba Anomalies
Curipamba Anomalies Several additional anomalies exist outside of the El Domo area • Sesmo: Hydrothermal Breccia + polysulphides, 15m @ 39.19/t Au, 741 g/t Ag in Trinchera • El Gallo: 597m drilling in 5 holes, highlighted results: 6.95m@ 4.51 g/t Au, 157 g/t Ag in drill hole 15; 8.25m @ 5.80 g/t Au
Slide 21: Curipamba 2012 Work Program
Curipamba 2012 Work Program 2012 program focused on expanding Curipamba beyond El Domo • Geological mapping and prospecting – Air: VTEM survey – 3,000 km – Ground: 150 km of induction polarized and mag • 15,000m of drilling in El Domo and surroundings – In progress part of Phase IV • Test regional g
Slide 22: Peer Comparison
Peer Comparison Salazar trades at a significant discount to peers Broad Peer Group High-Grade Peer Group Total Total Ev/lb Total Total Ev/lb Enterprise Resources Resources Total Enterprise Resources Resources Total Value Cu-Eq. Cu-Eq. Cu-Eq. Value Cu-Eq. Cu-Eq. Cu-Eq. Company (US$mm) (mm lbs) (%) Re
Slide 23: Appendix: Additional Projects
Appendix: Additional Projects Santiago Project Rumiñahui Mendez Colombian Assets March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 23
Slide 24: Salazar Projects
Salazar Projects • Ecuadorian Assets – Curipamba • VMS – Santiago • Hydrothermal Au – Rumiñahui • Au quartz stockwork – Mendez • Cu-Mo porphyry • Colombian Assets – Ramos - La Verde • Cu –Au Porphyry • 25,000 Ha (in claims) March 2012 www.salazarresources.com | TSX-V:SRL | FSE: CCG 24
Slide 25: Santiago: Hydrothermal Au
Santiago: Hydrothermal Au • Highlights – 37km NNW of Loja, area of 2,350ha – Comprises a large mineralized hydrothermal system with the upper parts dominated by a rhyolite/dacite intrusive complex displaying intense quartz-alunite and structurally controlled vuggy silica alteration, characteristical
Slide 26: Rumiñahui: Au quartz stockwork
Rumiñahui: Au quartz stockwork • Highlights – Two concessions that cover a total area of 2,910 hectares of prospective Au- Cu-Ag targets – Located approximately 100 km northwest of Quito – Main targets identified to date are the original discovery areas previously worked by artisan miners – Gold val
Slide 27: Mendez: Copper-Gold Porphyry
Mendez: Copper-Gold Porphyry • Highlights – Four concessions that cover a total area of 10,000 hectares in the Province of Morona Santiago – Cu-Zn-Mo (Gold) porphyry system – Copper mineralization is associated with 2-3% sulphides and multi- directional al veinlets in a granodioritic to quartz diori
Slide 28: Contact Information
Contact Information Investor Relations: 1001-67 Yonge Street Toronto, ON Tel. +1 647-925-8982 info@salazarresources.com Ecuador Office: Av. 10 de Agosto N37-232 y Villalengua Edif. Cominesa of. 31, Quito Tel:+593-2-227-8975 Ext. 103 Fax: +593-2-227-8975 +102 info@salazarresources.com March 2012 www.
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