Candelaria Mining Corp. · TSXV:CAND.H
Candelaria Mining — Investor Presentation (July 2018)
17 slides from Candelaria Mining's investor presentation, July 2018
Slide 1: Candelaria Mining Corp. TSXV: CAND
W W W .C A N D ELA R IA M IN IN G .C O M TSX V : C A N D
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Forward-Looking Statements: This presentation contains forward-looking information about Candelaria within the meaning of the Securities Act (British Columbia). Forward-looking statements relate to future events or future performance and reflect Candelaria’s expectations regardi
Slide 3: Board & Management
BOARD & MANAGEMENT MANAGEMENT Curtis Turner MBA – CEO & Director Over 15 yrs in the mining industry including significant experience in Mexico overseeing permitting and technical work. He was was a key member of the team at Argonaut Gold that successfully completed four acquisitions totaling over $7
Slide 4: Capital Structure
CAPITAL STRUCTURE Strategic Partner in Agnico Eagle* (Invested $9.75 m illion CAD for 9.95% ownership) Capital Structure $CAD Current Price (Ju ly 7 , 2 0 1 8 ) $0.80 Shares O utstanding (Basic) 108.6m Market Capitalization $87m Warrants @ $0.75 14.1m O ptions 5.4m Cash (a s o f Ja n u a ry 3 1 , 2
Slide 5: Project Locations
PROJECT LOCATIONS P inos D istrict – Zacatecas High-grade historical gold district; advanced- stage underground epithermal vein system. Caballo B lanco - V eracruz Advanced stage exploration Open-pit, heap leach Indicated Resource* 521,000 oz Au Inferred Resource* of 95,000 oz of Au Flagship Project
Slide 6: Overview
OVERVIEW Caballo Blanco Flagship Project • Simple Open Pit Heap Leach Gold Project • Current oxide resource is contained in one zone – La Paila. • Indicated Resource of 521,000 oz Au • Inferred Resource of 95,000 oz Au • Gold mineralization is highly amenable to leaching. • Exploring 7 targets with
Slide 7: Resource Estimate – Caballo Blanco
RESOURCE ESTIMATE – CABALLO BLANCO 1 . T h e r e s o u r c e e s t im a t e is b a s e d o n 2 0 0 d ia m o n d d r ill h o le s c o m p le t e d s in c e t h e d is c o v e r y o f t h e L a P a ila m in e r a liz e d z o n e . T h e r e s o u r c e a v a ila b le f o r b lo c k s c o n t a in e d
Slide 8: Location & Infrastructure – Caballo Blanco
LOCATION & INFRASTRUCTURE – CABALLO BLANCO § Located 65 km northwest of the port city of Veracruz. § 14 contiguous mining claims covering 19,815 hectares (198 sq. km). § Pan American Highway transects the eastern boundary of the project. § Power, water, supplies and materials are readily available.
Slide 9: Geology – Caballo Blanco
GEOLOGY – CABALLO BLANCO § High sulphidation, fully oxidized epithermal gold zones. § Andesite host rock with very fine Au contained in 4 different ore types: § Vuggy silica § Massive Silica § Polylithic Breccia § Monolithic Breccia § La Paila Zone located on a large magnetic high ring structure tha
Slide 10: La Paila Resource Growth Potential
LA PAILA RESOURCE GROWTH POTENTIAL § Potential to add ounces exists to the north and east § Land previously not explored due to inaccessibility of land • Potential exist to expand resource to the w est and south • Area previously designated as waste dum p area, but drilling has identified that the o
Slide 11: Metallurgy
METALLURGY PREVIOUS METALLURGICAL WORK* • Initial bottle roll testing indicates gold m ineralization is highly am enable to leaching. • Mineralization is oxidized to at least 300 m etre depth. • Mineralization is benign in leaching as there are no deleterious m aterials. • Indicates low reagent cons
Slide 12: Conceptual Processing – Caballo Blanco
CONCEPTUAL PROCESSING – CABALLO BLANCO Simplified Flowsheet Caballo Blanco Site Overview C o v e y in g , S t a c k in g C a r b o n in C o lu m n R e c o v e r y P la n t Leach P a d P re g P o n d B a rre n P o n d C a rb o n S t r i p p i n g Doré Straightforward heap-leach and ADR process expect
Slide 13: Exploration Targets – Caballo Blanco
EXPLORATION TARGETS – CABALLO BLANCO There are seven high priority targets in proxim ity to the current La Paila resources: § Highway North § Low Sulfidation system § Surface Anomaly measures 1.5 x 0.7 km. § Detailed geochemical work yielded grades up to 4 g/t Au § Las Cuevas § Bandera Norte § Bande
Slide 14: Exploration Targets – Caballo Blanco
EXPLORATION TARGETS – CABALLO BLANCO § Las Cuevas, Bandera Norte & Bandera Sur § These targets are the result of a detailed geochemical sampling program § Previous geochemistry showed a better response of trace elements which is consistent with the geophysics (resistivity denoting bodies of silica),
Slide 15: Pinos Gold District
PINOS GOLD DISTRICT § Acquisition Cost – earned-in to 60% by spending USD$3.5m . § Property - 22 concessions com prising 3,516 hectares in eastern Zacatecas state, Mexico. § Location – 67 km from San Luis Potosi. Paved road to entry of m ine. § Geology – Low-sulphidation epitherm al Au and Ag. Veins
Slide 16: Summary
SUMMARY • Caballo Blanco project envisions a low CAPEX, simple heap-leach open pit mining operation targeting ~100,000 oz/year. • Current oxide gold resource is contained in one zone with excellent recoveries • Deposit remains open to the south, southwest, northeast and at depth. • 7 exploration tar
Slide 17: CAND: TSX.V | CDELF: OTCQX
CAND: TSX.V | CDELF: OTCQX www.candelariamining.com Vancouver Office Suite 1201 – 1166 Alberni Street Vancouver, BC V6E 3Z3 Canada Em ail: info@ candelariam ining.com Phone: 604-349-5992 Fax: 604-608-4822 17
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