Slide 1: Altos de Lipangue Project
ALTOS DE LIPANGUE PROJECT
Slide 2: The Company & Our Business
THE COMPANY & OUR BUSSINESS We are focused to push the project across exploration stages to final discovery. AURYN Mining Chile SpA optioned, liberated and consolidated over 10.000 hectares of claims in the Altos de Lipangue Project. Experienced management and technical team, all motivated to th
Slide 3: Target Exploration Strategy
TARGET EXPLORATION STRATEGY Our strategy is based on decreasing risk with exploration stages → permitting the continuous increment of mining asset value. • Resource Development PFS • Positive Pre-feasibility Study Target • Positive Scouping Study Confirmed • Economic Intersections Advanced Drilling
Slide 4: Our Exploration Plan
OUR EXPLORATION PLAN AURYN Mining SpA is focused on carefully review all previous exploration works, and consequent relog and interpretation of drill and geophysics data. MERLIN-FORTUNA PHASE I PHASE II PHASE III Target Definition Diamond Drilling ~1800-2000m Additional Geophysics & Drilling PEGASO
Slide 5: Project Location
PROJECT LOCATION Altos de Lipangue Project is located in Chile. Chile is the main copper world producer, and inside the 15th world gold producers. Favorable economics, politics and laws. Many world class deposits (Chuquicamata, La Escondida, Candelaria, El Teniente, El Peñon, etc). Unique
Slide 6: Metallogeny Highlights
METALLOGENY HIGHLITS Proliferous Metallogenic District. Host a wide commodity variety of mines and advanced projects. Potential exploration for Epithermal veins, Stratabound Cu-Ag, IOCG and Porphyry Cu-Mo±Au mineralization.
Slide 7: Project Claims & Targets
PROJECT CLAIMS & TARGETS AURYN Mining Chile SpA maintain over 10.000 hectares in mining claims with exploitation and exploration rights. Optioned over 7.000 hectares of mining claims, and claimed additional 4.000 hectares in 2015.
Slide 8: Experienced Technical Team
EXPERIENCED TECHNICAL TEAM David Bent.- Qualified Person Enrique Lopez Albujar – Director, Operation & Logistics Manager David has over 40 years of experience exploring for base metals, precious metals and He is an electromechanical engineer specialized in HSEC, and over 13 years experience in minin
Slide 9: Targets Highlights
TARGETS HIGHLITS The team is focused on targets definition and early production FORTUNA NORTE opportunities. LONCO MILLAREPU MERLIN-FORTUNA LAMPA High grade Quartz-sulfides epithermal veins in Merlin-Fortuna DOS MARIAS BRECHA LIPANGUE target. PEGASO NERO Dos Marias represent a Gold–Copper ± po
Slide 10: Merlin-Fortuna
MERLIN-FORTUNA Over 5 km of Au – Cu ±Ag ± Pb ± Zn high grade veins. From 0.3 to 2 m width veins and breccias. Banded, Crustiform and massive Quartz-Sulfides veins. System continues open to all direction. Positive response to geophysics. High potential for undercover and blind veins. Crus
Slide 11: Merlin-Fortuna
MERLIN-FORTUNA IP & CSAMT shows good response in the argillic alteration corridors. The anomaly continuity at depth and several subparallel veins. Grab samples reported Au anomalies > 10 g/t 5800 Geological team is mapping, sampling and trenching, FORTUNA MINE 5500 preparing targets for near
Slide 12: Pegaso Nero
PEGASO NERO Highly prospective Cu – Mo – Au breccias. Outcropping tourmaline and intrusive breccias with disseminated chalcopyrite + molybdenite + pyrite + CuOx. Old adits in Mo - CuOx occurrences dispersed over an area of 2,5 km x 2 km. Area mainly covered by soil and colluvium. Quartz-li
Slide 13: Pegaso Nero
Quartz-Jarosite veinlets in roads cuts over 2 kms PEGASO NERO Intrusive Bx 0.40% Cu 0.3 g/t Au 803 ppm Mo Tourmaline Bx 1.6% Cu 0.15 g/t Au 300 ppm Mo O,5 km 1% Cu 228 ppm Mo
Slide 14: Dos Marias
DOS MARIAS Dos Marias its an old mining district, the artisanal miners have exploited Au & Cu mainly in the oxidized ore. In 1999, Medinah Minerals executed 5 drill holes with interesting Au-Cu intercepts (table below). New interpretations by Auryn geologists suggest that the mineralization is d
Slide 15: Dos Marias
DOS MARIAS Fault Field work confirmed is still open to the west, north and Inferred Fault southwest directions. Lineament 70° 22m @ 0.36g/t Au & 540 ppm Cu Mineralization is hosted in the main fault offsetting tilted 58m @ 0.47g/t Au & 520 ppm Cu volcanoclastic sequences and the ocoitic andesite
Slide 16: Brecha Lipangue
BRECHA LIPANGUE In 2014-2015 AURYN Mining Chile SpA executed diamond drill holes 15 completing 4000,41 m. The successful campaign confirmed the mineralized igneous-hydrothermal breccias with Au – Cu ± Mo mineralization and Quartz-Sericite Au - Cu bearing structures. The mineralized breccias cr
Slide 17: Brecha Lipangue
BRECHA LIPANGUE L99-07: 124m @ 0.49 g/t Au & 0.31 % Cu The eastern breccias were drilled by Medinah Minerals Exploration L99-03: 84m @ 1.72 g/t Au & 0.4% Cu program during 1999-2000. L99-06: 154m @ 0.6 g/t Au & 0,39 % Cu The system is still open to the southwest, and vectoring in direction to Pe
Slide 18: Altos de Lipangue Highlights
ALTOS DE LIPANGUE HIGHLIGTHS AURYN Mining Chile SpA has over 10.000 hectares block of mining claims, in a unique logistic location favoring a low capex opportunity. Experienced exploration team, ADL is in the first exploration stages focused on targets definition and early production opportuniti
Slide 19: Respect for environment, people and communities
Over all, we respect the environment, our people and communities with sustained exploration work.