Orosur Mining Inc. · TSXV:OMI
Orosur Mining — Shareholder Meeting (December 2023)
19 slides from Orosur Mining's shareholder meeting presentation, December 2023
Slide 1: Investor Presentation AGM Dec 2023
Investor Presentation AGM Dec 2023 GLOBAL METALS EXPLORER www.orosur.ca I TSXV:OMI / AIM:OMI 1
Slide 2: Disclaimer
Disclaimer This document has been issued by Orosur Mining Inc. (the “Company”). This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall any part of it nor the f
Slide 3: Corporate Snapshot
Corporate Snapshot 12 Month Share Performance Directors and Management Name Position Louis Castro Director and Executive Chairman Brad George Director and CEO Thomas Masney Non-Executive Director Capital Structure and Key Metrics (18th Dec 2023) Nick Von Schirnding Non- Executive Director Basic Shar
Slide 4: Investment Case
Investment Case Low cost entry to quality projects in key metals. • Advanced to early stage • Gold and battery metals • Anzá gold project in Colombia. JV with Newmont and Agnico? • Early stage El Pantano gold project in Argentina. • Ariquemes tin/niobium/REE project in Brazil. Largest land holder in
Slide 5: Anzá Project
Anzá Project 5
Slide 6: Anzá – late Miocene mid-Cauca belt
Anzá – late Miocene mid-Cauca belt • Primary gold belt in Colombia. • Host to multiple giant gold deposits. • Most sit within a narrow N-S structural corridor. • All porphyry-epithermal systems 6
Slide 7: Mineralized trend
Mineralized trend • 20km strike of Aragon fault • OMI started in 2015, but little work. • Newmont/Agnico took over in 2018. • Over 36,000m drilled, mostly at APTA • Mapping shows major porphyry system • Drilling at Pepas began mid 2022 – spectacular results in early holes. • Southern regions not yet
Slide 8: Anzà – where to next?
Anzà – where to next? Option 1 - Maintain status quo. Continue with restructuring and recommence work once complete. Option 2 – MMA sells its 51% stake to another company Option 3- MMA elects not to proceed to Phase 2. Orosur moves to 51% and dilutes MMA over time. Option 4 – Orosur takes back 100%
Slide 9: Other Projects
Other Projects Three other projects -same selection criteria: • Earlier stage, grass roots • Gold or battery metals • Large land holdings • Endowed region • Clear signs of mineralisation or mineralising processes • Low entry cost • Low cost for early years • Ability to advance quickly and cheaply •
Slide 10: Brazil - Ariquemes
Brazil - Ariquemes The Opportunity • Earn 70% over 5 years • Huge land holding • Untouched • Downstream infrastructure means low size hurdle • Optionality The Challenge • No modern exploration ever undertaken • Need to start from scratch 10
Slide 11: Ariquemes – Regional Sampling
Ariquemes – Regional Sampling • Completed regional stream sampling • Widespread anomalism identified. • Provide vectors for followup. • Assessing both Tin and Niobium • Some local sampling undertaken – issues with sampling results being finalized. 11
Slide 12: Argentina – El Pantano
Argentina – El Pantano Opportunity • Large land holding in key region (600km2) • Evidence of massive epithermal system. • Ability to earn 100% • Data sharing with majors. • Optionality Challenge • Little previous work. • Huge system, where do we start? 12
Slide 13: El Pantano – what attracted us?
El Pantano – what attracted us? • Deseado Massif – world class district. • Litho-structural controls well understood Low- sulphidation epithermal model • Cerro-Negro analogue – rifting system. • Boiling is key depositional mechanism • Surface Geochem focus on pathfinder elements 13
Slide 14: El Pantano – first phase
El Pantano – first phase • Ground magnetic surveys • Soil geochemistry to map anomalous gold and pathfinders • Extensive geological mapping • Map major structures Near completion. Assess options next year. 14
Slide 15: Lithium West
Lithium West • New UK company – Lithium West Ltd • 5 year JV in two stages to earn 70% by spending $5m. • Use existing local teams – no added overhead, staff or equipment. • Commenced work immediately upon signing. • Huge pre-existing databases. 15
Slide 16: Follow the geology
Follow the geology • Nigeria shares the same geology as the Lithium Valley of NE Brazil. • Nigeria’s pegmatite belt is well known and now highly competitive 16
Slide 17: Starting licences
Starting licences • Six licences currently held for 533km2 • Several more in advanced stages of acquisition. • Spread across several major structures in several states. • All within known pegmatite belts • Establish footholds to allow for expansion 17
Slide 18: First results very positive
First results very positive • Released results from first licence. • Very positive, high grade evident - +2% LiO2 • Other licences now covered, results imminent • More licences under negotiation. • More detailed work in new year 18
Slide 19: Summary – next month
Summary – next month • Resolve Anzà – imminent? • Assess and plan next stage? • Results from Nigeria and expansion of license footprint. • Next phase of Nigeria exploration. Aim to be drilling H1? • El Pantano to be drill ready H1 – assess options. • Ariquemes – assess near term production options.