Regulus Resources Inc · TSXV:REG
Regulus Resources — Investor Presentation (December 2019)
33 slides from Regulus Resources's investor presentation, December 2019
Slide 1: December 2019 Presentation
DECEMBER 2019 PRESENTATION ANTAKORI COPPER GOLD PROJECT TSX V.REG BVL.REG
Slide 2: Disclaimer
Disclaimer Forward-Looking Information www.regulusresources.com Forward‐Looking Information. Certain of the information contained in this document constitutes forward‐looking information or forward‐looking statements (collectively, "forward‐looking information") within the meaning of applicable Cana
Slide 3: Investment Highlights
Investment Highlights www.regulusresources.com TIER 1 ASSET PROVEN QUALITY IN THE MAKING STRATEGY PARTNERS • Substantial copper-gold Identify • Experienced management Underexplored resource already defined Asset team • Significant growth potential Grow Resource • Support of strategic Monetize Throug
Slide 4: Where are we?
Where are we? Peru – Second Largest Copper Producing Country in the World www.regulusresources.com World Location Regional Setting and Infrastructure TSXV - REG 4
Slide 5: Where are we? Adjacent to Two Operating Mines
Where are we? Adjacent to Two Operating Mines www.regulusresources.com TANTAHUATAY GOLD MINE Owners: Coimolache JV - 40% Buenaventura (operator); 44% Southern Copper, 16% ESPRO 2018 Production*: 173,192 Oz’s Au Processing: Heap Leach of oxide cap Estimated closure date*: 2025 *Per SNL Financial Sulp
Slide 6: What have we achieved at AntaKori? District Consolidation
What have we achieved at AntaKori? District Consolidation – Two Agreements in Place www.regulusresources.com 1. Coimolache Agreement • Mutual rights of access, expansion and collaborative exploration agreement • Full data sharing within an area of interest Up to 70% Regulus • Allows Regulus to calcu
Slide 7: Expanded Mineralization Footprint Through Extensive Drilling
What have we achieved at AntaKori? Expanded Mineralization Footprint Through Extensive Drilling www.regulusresources.com Historical Drilling 17,000 m AK42 AK35 AK41 AK37 AK34 AK26 AK39 Phase 1 Regulus Drill Program AK33A (2017-2018) ~23,000 m AK38 AK40 AK36 Phase 2 Regulus Drill Program (in progress
Slide 8: Interim Mineral Resource Estimate – March 2019
What have we achieved at AntaKori? Interim Mineral Resource Estimate – March 2019 www.regulusresources.com 2019 Mineral Resource Estimate on AntaKori by Regulus - 0.3% CuEq cut-off Resource Tonnes Cu Au Ag CuEq Cu Au Ag CuEq Category (millions) (%) (g/t) (g/t) (%) (B lbs) (M oz) (M oz) (B lbs) Indic
Slide 9: How does AntaKori compare?
How does AntaKori compare? Many of the Best Reported Copper Equivalent Intersections Since January 2018 www.regulusresources.com Rank Project Company Hole From (m) To (m) Interval (m) Cu (%) Au (g/t) Ag (g/t) CuEq (%) CuEq*m 1 Cascabel SolGold Plc CSD-18-067 886.00 1,914.00 1,028.00 0.710 0.910 NA 1
Slide 10: What is the geological setting?
What is the geological setting? Skarn Mineralization Overlain by High Sulphidation Epithermal Mineralization www.regulusresources.com AntaKori Mineralization • A Cu-Au-Ag calcic skarn developed in Cretaceous sedimentary rocks associated with massive replacement sulphide bodies • A high sulphidation
Slide 11: Where is the arsenic?
Where is the arsenic? Mostly Constrained within Volcanics www.regulusresources.com Cross Section Displaying Cu/As Ratio • Arsenic is primarily contained within the volcanic sequence as high sulphidation epithermal mineralization • Dominant arsenic bearing mineral is Enargite • Skarn mineralization (
Slide 12: What do we think we have?
What do we think we have? Significant “Blue-sky” Upside Potential www.regulusresources.com Upside Potential Magnetic High Ring • Key drill targets yet to be tested: - Mag lows (green-blue) represent potential porphyry centres - Mag highs (red-magenta) represent potential skarn mineralization Magneti
Slide 13: Have we tested the geophysical targets?
Have we tested the geophysical targets? Tested the Edges of the Targets with Great Success www.regulusresources.com • Hole AK-34 tested the southern limb of the mag high AK-42 • 819.9 m of 0.77% CuEq AK-37 • ~80% of interval in low As skarn or porphyry dykes • Significant mineralization at depth in
Slide 14: Where is the future?
Where is the future ? Anta Norte www.regulusresources.com Anta Norte Sector Future Resource Expansion Tantahuatay Sector AntaKori Sector AntaKori Sector Tantahuatay Sector Anta Norte Sector TSXV - REG 14
Slide 15: Size Potential – Antamina Scale
Size Potential – Antamina Scale www.regulusresources.com ANTAMINA COPPER- ZINC-MOLYBDENUM- SILVER MINE 2018 production*: 446,100 tonnes Cu, 409,300 tonnes Zn, 4,627 tonnes Mo & 16.4 mm Oz’s Ag Reserves* : 21.3 mm tonnes Cu, 15.1 mm tonnes Zn, 456 k tonnes Mo & 841 mm Oz’s Ag Outline of Antamina Cu-Z
Slide 16: Catalysts for 2020
Catalysts for 2020 www.regulusresources.com Continued Drilling • Complete Phase 2 and begin Phase 3 • Priority will be on Anta Norte targets Anta Norte Targets • Permits approved, now have ability to test priority geophysical targets • Test magnetic highs and lows for low arsenic skarn and porphyry
Slide 17: What is our long term strategy?
What is our long term strategy? Adding Value Through Discovery and De-risking www.regulusresources.com 1 2 3 Acquire Mineral Add Value by Monetize By Resources with Expanding Resource & Selling to a Overlooked Potential Project De-Risking Major Mining Co. The Team’s Companies & Key Projects 2005 200
Slide 18: Has the team created shareholder value?
Has the team created shareholder value? Significant ROI to Shareholders Over the Long Term www.regulusresources.com Long Term Value Generated By Regulus Team • Original Shareholders of Antares have seen a >1600% return on investment to date* • Regulus shareholders have seen a >150% return on investm
Slide 19: Share Structure
Share Structure TSX-V-Listed Company with Loyal Shareholders www.regulusresources.com Shares issued 90,994,594 REG Shareholders Insiders and Associates, 14.13% In 2018 Management Warrants outstanding 4,404,759 Other Regulus Invested >C$2 MM Shareholders, • Private Placement • Open Market Purchases 6
Slide 20: Video series
Video series Check Out our Video Series www.regulusresources.com • Video series outlining recent drilling results and what the implications are for the future of AntaKori FOLLOW US ON: Our website @IncRegulus Regulus Resources Regulus Resources Investors/Video Series Subscribe to Email Updates Chann
Slide 21: Investment highlights: Shareholder Value
Investment highlights www.regulusresources.com TIER 1 ASSET PROVEN QUALITY IN THE MAKING STRATEGY PARTNERS SHAREHOLDER VALUE TSXV - REG 21
Slide 22: Appendix
www.regulusresources.com Appendix TSXV - REG 22
Slide 23: Who are we? An Experienced Management Team
Who are we? An Experienced Management Team www.regulusresources.com John Black Mark Wayne CEO and Director CFO and Director B.Sc., M.Sc., 35+ years international exploration experience – Kennecott, Rio Tinto, WMC, LLB, CFA, 35+ years capital market experience, founding CFO of Antares Minerals, forme
Slide 24: Who are we? Board of Directors
Who are we? Board of Directors www.regulusresources.com John Black Mark Wayne CEO and Director CFO and Director B.Sc., M.Sc., 35+ years international exploration experience – Kennecott, Rio Tinto, WMC, LLB, CFA, 35+ years capital market experience, founding CFO of Antares Minerals, former founding P
Slide 25: Copper supply/demand outlook
Copper supply/demand outlook Delivering Robust Cu-Au Asset into Rising Copper Market www.regulusresources.com Committed Mine Production Forecast* Supply / Demand Fundamentals** Demand • Adoption of electric vehicles expected to materially increase copper demand • Transition to clean energy requires
Slide 26: Interim Mineral Resource Estimate
Interim Mineral Resource Estimate News Release of March 1, 2019 www.regulusresources.com AntaKori Indicated Mineral Resource Contained Metals CuEq Tonnes CuEq AuEq Cu Au Ag As CuEq AuEq Cu Au Ag Cut-off (millions) (%) (g/t) (%) (g/t) (g/t) (ppm) (B lbs) (M oz) (B lbs) (M oz) (M oz) (%) 0.2 296 0.66
Slide 27: Significant Intercepts with High-grade Copper-Gold
What have we achieved at AntaKori? Significant Intercepts with High-grade Copper-Gold www.regulusresources.com 3.00% 136.6m @ 3.75% CuEq (AK-18-016 ) 2.50% 2.00% Cu Grade (%) 1.50% 183.9m @ 2.4% CuEq (AK-17-001) 473.2m @ 1.39% CuEq (AK-18-026) 327.35m @ 1.31% CuEq (AK-18-010) 103.82m @ 3.43% CuEq (A
Slide 28: New Interim Mineral Resource Estimate
New Interim Mineral Resource Estimate News Release of March 1, 2019 www.regulusresources.com TSXV - REG 28
Slide 29: Commencing drilling to the north
Commencing drilling to the north Hole AK-18-026 www.regulusresources.com Testing New Targets • AK-18-026 is the first hole to test the geophysical magnetic low target • Bottom half of AK-18-026 was a new discovery and lacked supporting drilling to be included into resource update (473.2m @ 1.39% CuE
Slide 30: Wood conceptual pit shell
Wood conceptual pit shell Interim Mineral Resource Estimate March 01, 2019 www.regulusresources.com Regulus drilling outside pit shell displaying Cu% Hole AK-18-026 – 236.35 m with 0.53% Cu, 0.63 g/t Au and 12.1 g/t Ag (1.09% CuEq) and 473.20 m with 1.16% Cu, 0.21 g/t Au and 8.43 g/t Ag (1.39% CuEq)
Slide 31: Wood conceptual pit shell
Wood conceptual pit shell Interim Mineral Resource Estimate March 1, 2019 www.regulusresources.com AK-30 TSXV - REG 31
Slide 32: Wood conceptual pit shell
Wood conceptual pit shell Interim Mineral Resource Estimate March 1, 2019 www.regulusresources.com COLQUIRRUMI EARN-IN AGREEMENT CLAIMS AK-30 (all in in light pink) RESOURCE 0.3% CuEq cut off (in orange) REGULUS CONCESSIONS OWNED 100% CONCEPTAL PIT OUTLINE (all in red and pink) TSXV - REG 32
Slide 33: Emerging Cu-Au Discovery in the Land of Peruvian Giants
Emerging Cu-Au Discovery in the www.regulusresources.com Land of Peruvian Giants TSXV-REG Laura Brangwin, Investor Relations laura.brangwin@regulusresources.com www.regulusresources.com Suite 2300, 1177 West Hastings Street, Vancouver, BC Canada, V6E 2K3 Tel: (604) 685-6800 TSXV - REG 33
Regulus Resources — Investor Presentation (December 2019) on 6ix