Monarca Minerals Inc. · TSXV:MMN
Monarca Minerals — Investor Presentation (September 2019)
40 slides from Monarca Minerals's investor presentation, Sep 30, 2019
Slide 1: Developing Precious and Base Metals Projects in Mexico
Developing Precious and Base Metals Projects in Mexico September 30, 2019 TSX VENTURE: MMN 1
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT This presentation is prepared by Monarca Minerals Inc. (MMN – TSX.V). Management of Monarca are solely responsible for content and format. Management has compiled this presentation from industry information, NI 43-101 technical reports, and news releases with specific under
Slide 3: Board of Directors
BOARD OF DIRECTORS FRANK HOGEL – CHAIRMAN & DIRECTOR: Mr. Hogel currently serves as Chief Executive Officer of Peter Beck Performance Funds and sits on the advisory board of Concept Capital Management Ltd. He has an MBA degree from the University of Nurtingen, Germany. CARLOS ESPINOSA – PRESIDENT, C
Slide 4: Management
MANAGEMENT CARLOS ESPINOSA – PRESIDENT, CEO & DIRECTOR Mr. Espinosa, is a mining executive with over 25 years of experience within Canadian capital markets, international business development and commercial banking. He is CFO at Fredonia Management and former Head of Business Development, Global Min
Slide 5: Stock Information
STOCK INFORMATION • TSX-V SYMBOL - MNN • Basic Shares Issued . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49.6 Million • Stock Options Outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.1 Million 2.1Million @ $0.14 • Warrants Outstanding . . . . . . . . . . .
Slide 6: Project Overview
PROJECT OVERVIEW Monarca Mineral is focused on the exploration and development of precious & base metals projects along the highly productive mineralized belt in northern Mexico San Jose (flagship project): New geophysical discovery. This 5,580-hectare property in Chihuahua has excellent indicatio
Slide 7: What's New?
WHAT’S NEW? Q1 2020 Planning a 5,000 to Q2 2019 10,000 metre drilling program on San Jose Executed contract of project Q4 2018 mining exploration and promise of San Jose Project: assignment of rights Q4 2017 for San Jose project. Completed IP \ Signed Letter of Resistivity \ Magnetic Intent to acqui
Slide 8: San Jose Project
SAN JOSE PROJECT FLAGSHIP PROPERTY
Slide 9: San Jose Project Chihuahua State
SAN JOSE PROJECT CHIHUAHUA STATE Tyrone N Bisbee Bismark TSX VENTURE: MMN 9
Slide 10: San Jose Project: Historic/Active Mines
SAN JOSE PROJECT: HISTORIC/ACTIVE MINES San Jose Bismark Mine: Inferred Resource of 12.8 Mt at 52 g/t Ag, 11% Zn, 0.6% Pb & 0.4% Cu (source: Ore Geology Field Trip NW Mexico 11-21 January 2009) TSX VENTURE: MMN 10
Slide 11: Deposit Type and Location
DEPOSIT TYPE AND LOCATION Deposit Type: Skarn and possible CRD/Porphyry with significant precious and base metal grades Mineralization: In skarns, intrusives, veins, jasperoids, and altered limestones with Au (to 9.5ppm), Ag (to 257ppm), Cu (to 7.1%), Pb (to 9.8%), and Zn (to 2.0%) Geophysics:
Slide 12: Geology and Mineralization
GEOLOGY AND MINERALIZATION Potential for large skarn deposits with possible mantos & CRD, and porphyry mineralization Dimensions of IP anomaly indicate possible large tonnages High surface assay values may represent leakage of more voluminous mineralization associated with the very strong IP a
Slide 13: Bismark Mine = San Jose Target Model
BISMARK MINE = SAN JOSE TARGET MODEL Note Minimal Surface Expression, like San Jose Property Discovered in 1979 by Geophysical Survey: Magnetic & IP Mineralization Reportedly Nearly Mined Out: Looking for Nearby Deposit to Feed 2,500tpd Mill Note: The Bismark Mine is regarded as a comparative
Slide 14: Mining Concession Map
MINING CONCESSION MAP Primary exploration & geophysics area N Concession 1 km Limit TSX VENTURE: MMN 14
Slide 15: Work Completed at San Jose
WORK COMPLETED AT SAN JOSE Geological mapping completed over the primary area of old mines +/- 820 hectares 167 surface samples taken QAQC standards included in samples assayed at ISO Certified Laboratory, ALS Chemex, with good results in blanks and mineralized standards Geophysics including
Slide 16: Geophysical IP Response & Section Lines
GEOPHYSICAL IP RESPONSE & SECTION LINES TSX VENTURE: MMN 16
Slide 17: Interpreted Sub-Surface Geophysics & Geology Map
INTERPRETED SUB-SURFACE GEOPHYSICS & GEOLOGY MAP IP Anomaly 2.8+ km Long IP Anomaly Extends SE off Geophysical Survey Grid TSX VENTURE: MMN 17
Slide 18: Magnetic Anomaly
MAGNETIC ANOMALY Possible Buried Intrusive and/or Mineralization In Skarn Possible Buried Intrusive Porphyry TSX VENTURE: MMN 18
Slide 19: San Jose 2019 Exploration Program
SAN JOSE 2019 EXPLORATION PROGRAM San Jose is drill-ready. There are numerous and expansive IP geophysical targets to drill. Geophysical IP penetration was to 450 m, so drilling is planned to 500 m depth RC Phase 1 drilling (with a booster compressor) is proposed in 2019 as a first pass along
Slide 20: Tejamen Project
VXN MONARCA MINERALS TEJAMEN INC. PROJECT TSX VENTURE: MMN
Slide 21: Tejamen Project Durango State
TEJAMEN PROJECT DURANGO STATE Los Mantos Area Key silver valuation component: Monarca owns 100% mineral rights and surface access in progress 1,685ha in 23 mining concessions Inferred Resource of 19.8 million tonnes @ 45 g/t Ag (15ppm cutoff) resulting in 28.7 million contained ounces of Ag; c
Slide 22: Tejamen General Location
TEJAMEN GENERAL LOCATION TSX VENTURE: MMN 22
Slide 23: Tejamen Mining Concessions
TEJAMEN MINING CONCESSIONS TSX VENTURE: MMN 23
Slide 24: Tejamen Drillhole Map
TEJAMEN DRILLHOLE MAP Los Mantos 215 RC holes (36,139m) and 10 core holes were drilled between 2003 and 2007. Los Mantos zone (south) and Cerro Prieto zone (north) indicated. TSX VENTURE: MMN 24
Slide 25: Tejamen Inferred Resources
TEJAMEN INFERRED RESOURCES Deposit Cutoff ppm Ag TONNES Ag ppm Ag Contained Oz. Mantos 20 9,192,000 56 16,540,000 15 11,093,000 49.4 17,610,000 10 12,879,000 44.3 18,330,000 Cerro Prieto 20 6,790,000 45.7 9,970,000 15 7,760,000 42.2 10,520,000 10 8,590,000 39.3 10,860,000 Total 20 16,663,000 50.2 26
Slide 26: Tejamen Preliminary Metallurgical Testing
TEJAMEN PRELIMINARY METALLURGICAL TESTING LAB TEST TYPE (CYANIDE) NO. OF SAMPLES CRUSH SIZE AVE. Ag RECOVERY Mc Clelland Inc. Bottle Roll 6 80% - 200 mesh 54.80% Mc Clelland Inc. Column Leach 2 RC chips (nominal 3/8”) 67.50% Wardrop Engineering Column Leach 3 N/A (assumed chips) 68% Mexican Geologic
Slide 27: San Lucas Project
VXN MONARCA MINERALS SAN LUCAS INC. PROJECT TSX VENTURE: MMN
Slide 28: San Lucas Project Durango State
SAN LUCAS PROJECT DURANGO STATE Two parallel vein structures have been identified in the 3km long mineralized Main Shear zone. 12 historical RC holes have been drilled, ranging from about 124m to 212m and averaging 158 m in depth. Drilling results include up to 2m at 147ppm Ag, with 1.66% Zn a
Slide 29: San Lucas Site Conditions
SAN LUCAS SITE CONDITIONS 100% ownership of San Lucas project mining concessions. Approximately 4 km from Argonaut, El Castillo Complex (El Castillo mine and San Agustin Mine) 79.6 ha in 8 mining concessions. Efforts have been started to consolidate a larger San Lucas land package Close to i
Slide 30: San Lucas General Location
SAN LUCAS GENERAL LOCATION TSX VENTURE: MMN 30
Slide 31: San Lucas Drillhole Map
SAN LUCAS DRILLHOLE MAP Drilling results include up to 2m at 147ppm Ag, with 1.66% Zn and 0.41% Pb (MMSL-008; 48m-50m depth). Twelve RC holes have been drilled at San Lucas Mostly to depths of about 150m Manto potential below 200m in untested vein areas Luismin obtained some very high grad
Slide 32: El Doctor Zone Sampling Highlights
EL DOCTOR ZONE SAMPLING HIGHLIGHTS Outcrop sampling (89 channels) identified two parallel Au/Ag zones with over 270 meters of strike length, known as the El Doctor zone. The highest grade channel sample was 1.4 meters at 110.04ppm Au, 168ppm Ag and 1.05% Pb (SLS 09). Of the 89 channel samples,
Slide 33: El Sol Project
VXN MONARCA MINERALS EL SOL INC. PROJECT TSX VENTURE: MMN
Slide 34: El Sol Project Durango State
EL SOL PROJECT DURANGO STATE Surface sampling at El Sol (old mine dumps) of up to 358ppm Ag, 1.94ppm Au, 19.6% Zn and 22.6% Pb. One hole has been drilled on the concession (Southern Silver Exploration [SSV], 13CLM-072) and returned 0.3m (102.5 – 102.8m depth) at 87ppm Ag, 1.88% Pb, 1.01% Zn and
Slide 35: El Sol Site Conditions
EL SOL SITE CONDITIONS The El Sol concession is located about 75km northeast of Durango, Mexico, via paved highway. 100% ownership of the El Sol concession. 63ha in the El Sol concession. Southern Silver (SSV-V) previously had an option (through Freeport McMoran) to the El Sol concession, bu
Slide 36: El Sol General Location
EL SOL GENERAL LOCATION TSX VENTURE: MMN 36
Slide 37: El Sol Concession
EL SOL CONCESSION 63ha 13CLM-072: 0.3m (102.5 – 102.8m depth) at 87ppm Ag, 1.88% Pb, 1.01% Zn and 0.11% Cu TSX VENTURE: MMN 37
Slide 38: El Sol Area Magnetic Survey
EL SOL AREA MAGNETIC SURVEY SSV released on their website this image from an aerial magnetic survey over their holdings. Note that at El Sol there is a magnetic anomaly, like at Cerro Las Minitas. El Sol Property Cerro las Minitas TSX VENTURE: MMN 38
Slide 39: Why Monarca Minerals?
WHY MONARCA MINERALS? Recent Option Agreement to acquire San Jose Project in Chihuahua, Mexico The flagship San Jose property has the potential to host significant polymetallic mineralization associated with skarn, gossan and altered intrusive rocks based on previous field mapping and geophysics
Slide 40: Carlos Espinosa, President, CEO and Director
Carlos Espinosa, MBA President, CEO and Director cespinosa@slgmexico.com TSX VENTURE: MMN 40
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