Eloro Resources Ltd. · TSX:ELO
Eloro Resources — Investor Presentation (January 2016)
21 slides from Eloro Resources's investor presentation, January 2016
Slide 1: The La Victoria, Lemoyne North and Delta-Eastmain Gold Projects, Peru and Quebec
TSX-V: ELO FSE: P2Q The La Victoria, Lemoyne North and Delta- Eastmain Gold Projects, Peru and Quebec Investment Risk Mitigation Through Mine Discovery and Development January 2016
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain information contained herein regarding Eloro Resources Ltd., including management’s assessment of future plans and operations, may constitute forward- looking statements under applicable securities law and necessarily involve risks, includ
Slide 3: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM TORONTO AND VAL D’OR OFFICES Management Board of Directors Thomas Larsen Thomas Larsen CEO Chairman John Langton, M.Sc. P.Geo. Alex Horvath, P.Eng. President Director Jim Steel, MBA P.Geo. Francis Sauve Senior VP Mining Director Miles Nagamatsu, C.A. Dusan Berka, P. Eng.
Slide 4: Capital Structure
CAPITAL STRUCTURE Exchange/Ticker TSX Venture Exchange/ELO Frankfurt Stock Exchange/P2Q (WKN A1JKAT) Shares Issued and 17.77 million (Jan. 12, 2016) Outstanding Warrants 2.433 million Options 1.35 million Fully Diluted 21.55 million Share Price $0.14 (Jan. 12, 2016) Market Capitalization $2.49 milli
Slide 5: La Victoria - Option
LA VICTORIA - OPTION Eloro Resources Ltd. has an option to earn 60% of the La Victoria Gold/Silver Property, possibly the last significant mining property available in the Northern Peru Mineral Belt with the same rocks as several of the producing gold and silver mines in the Belt - a scant 15km to 5
Slide 6: La Victoria - Option
LA VICTORIA - OPTION Located in the heart of the Ancash – La Libertad mining area in the North- Central Mineral Belt of Peru, 425 km N of Lima, 120 km E of Trujillo at 3,100 m to 4,200 m elevation. The La Victoria Property Option and Joint Venture Agreement was signed with Tartisan Resources Cor
Slide 7: Gold Producers North-Central Mineral Belt, Peru
GOLD PRODUCERS NORTH-CENTRAL MINERAL BELT, PERU Gold Elevation ASL Distance From La Mine Company Production (m) Victoria 2013 ozs. Yanacocha Newmont Mining /Buenaventura 967,575 3,500 - 4,500 160 km NNW Lagunas Norte Barrick Gold Corporation 606,000 3,700 - 4,200 50 km NW (Alto Chicama) Quiruvilca S
Slide 8: La Victoria Concessions
LA VICTORIA CONCESSIONS La Victoria Concessions held by Tartisan’s Peruvian subsidiary Minera Tartisan Peru SAC. Neighbouring concessions acquired and/or expanded by BHP Pending Auction Billiton, IAMGOLD among others. Concession between La Victoria East and West acquired, in concession registr
Slide 9: La Victoria: Exploration Work to Date
LA VICTORIA: EXPLORATION WORK TO DATE Built 10-km access road from Highway 3N to San Markito zone Concluded topographic survey with geodesic benchmarks Magnetic survey – 125 line km IP survey – 34 line km Spectral analysis study Rock sampling – 900+ samples submitted for analysis to date
Slide 10: La Victoria Project: Development Strategy
LA VICTORIA PROJECT: DEVELOPMENT STRATEGY Rufina Pit Preliminary Targets FIRST PRIORITY Pica Fault • 2500m drilling planned for Rufina West Zone; 10 holes @250M depth • Green square area conceptual cube of continuous surface Rufina West exposed mineralization. Average of 18 surface samples 11.1 g/t
Slide 11: La Victoria Project: Development Strategy
LA VICTORIA PROJECT: DEVELOPMENT STRATEGY Rufina East New Mineralized Zone Pica Fault • Rufina, east of Pica fault; road outcrop. • Arsenopyrite; sphalerite; chalcopyrite. Brecciated quartz, Rufina West argillic alteration, acid leaching, open space filling, drusy quartz, brecciated chert. Recent va
Slide 12: La Victoria Project: Exploration Strategy
LA VICTORIA PROJECT: EXPLORATION STRATEGY San Markito Pit Target SECOND PRIORITY • 1000m drilling planned for San Markito; 10 holes @100M depth • Hydrothermal breccia potential zero strip ratio for first 50m; • Quartz vein values to 2 g/t gold + 470 g/t silver; sedimentary values to 2.2 g/t gold + 1
Slide 13: Peru – La Victoria: Principal Value Drivers
PERU – LA VICTORIA Eloro Resources Ltd. PRINCIPAL VALUE DRIVERS • Rufina Sector – Preliminary oxide heap leach gold target; 25.6MM tonnes at >2 g/t. Open to depth and to east under volcanic cover. Oxide grades to 46.4 g/t (west sector). Sulphide grades to 63.8 g/t (east sector) • San Markito Sector
Slide 14: Principal Quebec Projects
TSX-V: ELO FSE: P2Q PRINCIPAL QUEBEC PROJECTS • Lemoyne North • Delta / Eastmain Eloro is pleased to be working with Diagnos Inc, Brossard, Quebec, in the application of CARDS® “Computer Aided Resource Detection System” to determine the true exploration potential of the Lemoyne North Property so as
Slide 15: Quebec – Lemoyne North
QUEBEC – LEMOYNE NORTH Lemoyne North Project (57 claims, 29 km2); La Grande Greenstone Belt, James Bay area. Gold and base-metal exploration district 100 km northeast of Eleonore Mine. Hosts numerous gold and base- metal occurrences. 7 untested CARDS* gold targets. Bi-modal volcanic sequen
Slide 16: Quebec – Lemoyne North
Veco ELOrO CESOUrCES LToO. QUEBEC — LEMOYNE NORTH 490,000 453,500 Geology Felsic plutonic 1) Greywacke i " Quartz-monzodiorite Ml Iron formation 423000 Bertha Showing 21.22 g/t Au, 38.30 g/t Ag, 4.04% Cu al v4 5 Gabbro Felsic volcanic 65.42 g/t Au, 2.88% Cu Din Ml Ultramafic plutonic BB Mafic volean
Slide 17: Eastmain Greenstone Belt - QC
EASTMAIN GREENSTONE BELT - QC Eastmain Greenstone Belt, James Bay area of north-western Quebec. Emerging gold and base-metal exploration district around Eleonore Mine (5.0 M oz. Au Proven and Probable reserves), Delta/Eastmain project – hosts numerous untested, shallow InfiniTEM point-anomalie
Slide 18: Quebec - Delta / Eastmain
QUEBEC - DELTA / EASTMAIN CARDS Au target CARDS Cu target 18
Slide 19: Quebec – Exploration: Principal Value Drivers
QUEBEC – EXPLORATION PRINCIPAL VALUE DRIVERS Exploration Properties 1. Lemoyne North – 57 claims with numerous multi-metal targets; 2016 Program to re- evaluate true mineral potential based on CARDS®* analysis by Diagnos Inc. of Brossard, Quebec. *Computer Aided Resource Detection System 2. Delta/Ea
Slide 20: Eloro's Golden Opportunity
ELORO’S GOLDEN OPPORTUNITY “Drilling and building is where all the value creation occurs” David Garofalo, Incoming Goldcorp CEO, Toronto Globe & Mail, Dec. 29, 2015 Experienced team with track records and ability to acquire, explore, discover, develop, produce and manage high-merit projects. Hig
Slide 21: Thank you!
Thank you! Toll Free: +1.800.360.8006 Tel.: +1.416.868.9168 Email: info@elororesources.com Website: www.elororesources.com 21
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