Mirasol Resources Ltd · TSXV:MRZ
Mirasol Resources — Chile Explore Congress 2014
17 slides from Mirasol Resources's conference presentation, Aug 14, 2014
Slide 1: Presentation 1: Project Generator JV Business Model
→ Presentation 1: Project Generator JV Business Model Risk management for exploration success → Presentation 2 : Gorbea Gold Belt & Rubi Copper projects New targets in a mature terrane Chile Explore Congress Speaker: Stephen Nano 13 – 14 August 2014 President & CEO TSX.V: MRZ
Slide 2: Cautionary Statement
MIRASOL RESOURCES Cautionary Statement This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activi
Slide 3: Project Generator JV Business Model: Risk management for exploration success
Project Generator JV Business Model Risk management for exploration success → Project Generator Business Model - How does it work? Does it deliver? → Project Generator technical example of portfolio building Santa Cruz Argentina
Slide 4: Project Generator Joint Venture Business Model: Elements
Project Generator Joint Venture Business Model: Elements • Spread risk across multiple projects Improving potential for shareholder returns • Lower burn rate by accessing JV partner capital Conserving share structure • Focus intellectual capital of project generator on generation Creating new
Slide 5: Project Generators – Does this industry sector deliver value?
Project Generators – Does this industry sector deliver value? 20 project generator companies spanning 22 years on market • Today’s combined market cap of $1.645 billion CAD Retained value in difficult market. • Equity Raised $995.6 million CAD Strong capacity to raise capital (good project & peo
Slide 6: Mirasol Market Information – July 2014
Mirasol Market Information – July 2014 • TSX:V IPO 2003 +10yrs - Conservative capital structure • Well funded – Approx. $29.8M CAD (Cash & Shares) • 2 Silver discoveries Joaquin & Virginia Santa Cruz Argentina • December 2012 sold 49% interest in Joaquin for US$30 million & 1.3 million Coeur shares
Slide 7: Increasing Value: Discovery to Development Risk Management
Discovery to Development Risk Management & Value Creation Understanding our Business Driver The Mirasol JV model • The Mirasol model is Operating to de-risk projects to mine Mirasol Resources drill-ready status JV Business Model before JV Project Mine Feasibility commissioning • Improves the discove
Slide 8: Mirasol Project Generator: Conserve Capital Structure
Mirasol Project Generator: Conserve Capital Structure 2009-10 Joaquin & Virginia • Drilling under JV increased the discoveries reported share price / decreased dilution drill results Reducing dilution • Discovery reduced the cost of Increasing / 4 projects drilled Capital raised capital under JV ≈ 1
Slide 9: Project Generator technical example of portfolio building
Project Generator JV Business Model Risk management for exploration success → Project Generator Business Model - How does it work? Does it deliver? → Project Generator technical example of portfolio building
Slide 10: Long Term Focus on Two Highly Prospective Terranes
Long Term Focus on Two Highly Prospective Terranes PERU BOLIVIA Exploration Advantage Nth CHILE Tertiary HSE & BRAZIL • Leveraging off in-house discovery history / PCDPARAGUAY program terrane knowledge • Building reiterative knowledge base • On-ground operational advantage Santiago Mendoza • Compati
Slide 11: Santa Cruz Jurassic Epithermal Province 2003
Targeting Underexplored Terrane 2003 : Santa Cruz Jurassic Epithermal Province • Highly prospective, under- San Jose explored epithermal Au/Ag terrane Cerro Negro • 2003, 50% of prospective stratigraphy pegged by competitors Lejano Mirasol Advantage • In-house track record for Manchuria discovery in
Slide 12: Santa Cruz Jurassic Epithermal Province 2012: Emerging Mining Region
Santa Cruz Jurassic Epithermal Province 2012: Emerging Mining Region San Jose By 2012 Mirasol had: Cerro Negro Secured 25 projects: ~15% of outcropping permissive stratigraphy with epithermal mineralization Curva Virginia Evolved exploration strategy: Don Nicholas Calandrias • ASTER outcropping sy
Slide 13: Claudia Gold & Silver – Santa Cruz Argentina
Claudia Gold & Silver – Santa Cruz Argentina Extension of AngloGold - Ashanti Cerro Vanguardia Vein System & Mine • 5 epithermal prospects with extensive surface & trench gold-silver results • New drill targets defined by geophysics/rock chip assays at 14 km long Curahue trend & Rio Seco vein zone C
Slide 14: La Curva Gold & Silver – Santa Cruz Argentina
La Curva Gold & Silver – Santa Cruz Argentina New District / Four Prospects / No Drilling • Strategic project in new gold district • Four large gold-silver prospects identified / no previous drilling • Potential for high-grade & bulk mineable gold mineralization • 6 km long La Castora trend with 3 s
Slide 15: Why Mirasol uses the Joint Venture Model
Why Mirasol uses the Joint Venture Model Generator JV Model • Can delivered value to investors • Access to exploration capital with minimum share dilution • Shares risk & geological uncertainty • Accelerate discovery through multiple, parallel JVs • Focus Mirasol’s human capital on what we do best (
Slide 16: Appendix: Disclaimer
Appendix : Disclaimer Important Haywood Securities Notice & Disclaimer: This chart information is not a solicitation for the purchase of securities, an offer of securities, or intended as investment research or advice. The information presented, while obtained from sources we believe reliable is not
Slide 17: Presentation 2: Gorbea Gold Belt & Rubi Copper projects
→Project Generator JV Business Model Risk management for exploration success → Gorbea Gold Belt & Rubi Copper projects New targets in a mature terrane Chile Explore Congress Speaker: Stephen Nano 13 – 14 August 2014 President & CEO TSX.V: MRZ