Silver Spruce Resources Inc. · TSXV:SSE
Silver Spruce Resources — Investor Presentation (September 2015)
31 slides from Silver Spruce Resources's investor presentation, September 2015
Slide 1: Exploring the Prolific Sierra Madre Silver Region – Investor Presentation
EXPLORING THE PROLIFIC SIERRA MADRE SILVER REGION Investor Presentation September 2015
Slide 2: Cautionary Statement
Cautionary Statement Investors are cautioned that, except for statements of historical fact, certain information contained in this document includes "forward-looking information” with respect to a performance expectation for SSE. Such forward-looking statements are based on current expectations, est
Slide 3: Presentation Overview
Presentation Overview TSXV: SSE Corporate History Management & Board Expertise Business Strategy Overview of the Pino de Plata Project 3
Slide 4: Corporate History
Corporate History Canadian junior exploration company since 1996 Headquartered in Bridgewater, Nova Scotia Original focus was on uranium exploration in Labrador, Canada Modest success - 2% NSR on the discovery of 2.3 M lbs indicated and 3.7 M lbs inferred U3O8 resource The Company retains
Slide 5: Refocusing
Refocusing TSXV: SSE In the March of 2015, Silver Spruce appointed a new CEO and Director, Stephan Jedynak and subsequently recruited a new Board of Directors, now led by Chairman, Bill MacPherson. Since then the company has dealt with many financial challenges reducing its payables significantl
Slide 6: Key Team Members
Key Team Members William A. MacPherson, BSc P.Eng (Ret'd) Chairman and Director recognized geologist who has over 50 years experience in the mining industry Strong public company leadership experience including - Nalco Nfld Corp Ltd, Turene Gold, American Manor Resources, Canadian Javelin, Bison
Slide 7: Key Team Members
Key Team Members TSXV: SSE Karl J. Boltz Consulting General Manager, Mexico Natural resources consultant - 15+ years working with public and private companies in Mexico - project acquisition, funding, market development and project management. Fluent in Spanish. Co-founding President, CEO and Di
Slide 8: Key Team Members
Key Team Members Dr. Brian Penney, PhD, DIC, P.Eng Director Ph.D.- High energy nuclear physics-Imperial College of Science & Technology, Univ. of London Extensive leadership experience with early stage companies founding CEO of TARA a Halifax based Telecoms R&D firm, Chairman and CEO of Abridean
Slide 9: Corporate Strategy
Corporate Strategy TSXV: SSE We believe that current market conditions provide significant opportunity to acquire exceptional exploration properties for great value; properties that have the potential to generate positive cash flow with modest investment and to deliver excellent returns to our share
Slide 10: Corporate Summary
Corporate Summary Sept 29, 2015 Listing TSXV: SSE Head office Bridgewater, Nova Scotia Shares Outstanding 21,035,781 Warrants 4,370,000 * Options 775,000 Fully diluted 26,180,781 Share Price Range $.05 - $0.10 Market Capitalization 1,262,147 Debt Nil Tax Loss Carry Forward > $10 M Bank Canadian Impe
Slide 11: Pino de Plata Project – The Property
Pino de Plata Project –The Property TSXV: SSE Epithermal Silver / Base Metals / Gold Four, road accessible concessions comprising 397 ha 440 km southwest of Ciudad Chihuahua, Mexico and 5.5 km due south of the village of Chinipas de Almada. Western side of the Sierra Madre Occidental gold-silv
Slide 12: Pino de Plata Project
Pino de Plata Project Town of Chinipas de Almada 7
Slide 13: Pino de Plata – Exploration History
Pino de Plata – Exploration History TSXV: SSE Dates back to the Spanish Colonial era (1600’s)-Terrero mine. Small scale (Artisanal) mining of high grade silver occurred sporadically in the 1800’s and 1900’s and over the last 30 years, from nine discrete areas. No production records are available
Slide 14: Pino de Plata Project – Sits in Good Company
Pino de Plata Project – Sits in Good Company Epithermal Silver / Base Metals / Gold 7
Slide 15: Pino de Plata Project – The Big Picture
Pino de Plata Project – The Big Picture TSXV: SSE Producing mines in the Sierra Madre Occidental that are classified as epithermal deposits with silver and gold mineralization are typically hosted in multiple veins, breccias, stockworks and replacement zones. Pino de Plata is classic in this res
Slide 16: Pino de Plata Project
Pino de Plata Project Epithermal Silver / Base Metals / Gold This is a prolific region and while the property is essentially surrounded by Coeur Mining and other players, there are great opportunities. 16
Slide 17: Pino de Plata – Relationship to Palmarejo
Pino de Plata – Relationship to Palmarejo TSXV: SSE 7
Slide 18: Summary of 43-101 Exploration Findings
Pino de Plata Project Summary of 43-101 Exploration Findings “The existence of epithermal and carbonate replacement mineralization with economic grades and widespread hydrothermal alteration shows that the Pino de Plata Property has the potential to host deposits of economic tonnage and grade for bo
Slide 19: Geology & Location of Old Mines and Workings
Pino de Plata Project Locations – Geology & Location of Old Mines and Workings TSXV: SSE Mina Santa Elena I & II Theodora Mina Hedionda II Mina Sierpe II Hedionda Sierpe I Mina Santa Clara La Perla Mina Terrero La Plamita 7
Slide 20: Extensive Alteration
Pino de Plata Project Extensive Alteration 7
Slide 21: Epithermal Replacement Target – The Terrero Mine
Pino de Plata Project TSXV: SSE Epithermal Replacement Target The Terrero Mine replacement epithermal mineralization in igneous rocks contains good silver grades at surface in unoxidized rock. Seven out of nine samples contained > 1 opt. Ag to as much as 17.9 opt. Ag. Little additional mapping
Slide 22: Epithermal Replacement Target – The Terrero Mine cont'd
Pino de Plata Project Epithermal Replacement Target The Terrero Mine cont’d Alteration in this area is characterized by very strong clay alteration that has largely obliterated the original rock. Mineralization occurs in stratiform zones a meter or more thick containing <= 1 cm thick parallel lens
Slide 23: Carbonate Replacement Target – Santa Elena Gossan Area
Pino de Plata Project TSXV: SSE Carbonate Replacement Target The Santa Elena – Gossan Area a viable target for replacement Ag-Pb-Zn-Cu deposits the gossans are anomalous in Ag and base metals unoxidized replacement mineralization approaches 200 g/t Ag. potential for relatively shallow mineraliza
Slide 24: Carbonate Replacement Target – The Santa Elena Mine
Pino de Plata Project Carbonate Replacement Target The Santa Elena Mine A 4 meter adit driven along a 190o trending diorite intrusive-marble contact Mineralization consists of veinlet and disseminated marmatite (dark, iron-rich sphalerite), galena, chalcopyrite, and calcite hosted by marble Tw
Slide 25: Vein Targets – Sierpe and Theodora Epithermal Veins
Pino de Plata Project Vein Targets The Sierpe and Theodora Epithermal Veins veins are open on strike and have indications of ore grade Ag (>250 g/t Ag) reasonably minable widths (>= 1 m) newly exposed, Ag mineralized quartz veins in road cuts to the west Favorable alteration west of the Sier
Slide 26: Vein Targets – The Sierpe and Theodora Veins
Pino de Plata Project TSXV: SSE Vein Targets The Sierpe and Theodora Veins A grab sample of high grade from the Sierpe I dump contained 268 g/t Ag and 5% Pb and 7% Zn. Vein width in the Sierpe I was 1.3 m unable to optimally sample the vein because of hazardous mine workings. 7
Slide 27: Silver / Base Metal / Gold
Pino de Plata Project Silver / Base Metal / Gold 7
Slide 28: Exploration Program
Pino de Plata Project TSXV: SSE Exploration Program Detailed geologic mapping of the property Safer access to the Sierpe, Theodora, and Terrero mines for additional mapping and sampling Thorough mapping and sampling of road cuts with particular attention to the gossan area, quartz boulder zone
Slide 29: Budget and Timeline
Pino de Plata Project Budget and Timeline Exploration & Drilling Budget and Timeline Activity Cost Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Mapping $ 39,000.00 Rock Sampling $ 15,000.00 Soil Sampling $ 70,000.00 Terraspec $ 8,000.00 Permits $ 10,000.00 Supplies, G&A, T
Slide 30: Project Recap
Pino de Plata Project Silver / Base Metals / Gold TSXV: SSE Project Recap Precious metal / base metal project in a prolific region Epithermal models are well understood Road accessible with producing mines in the area Some historic production Significant alteration throughout the property
Slide 31: Thank You!
TSXV: SSE Thank You! SILVER SPRUCE RESOURCES INC.
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