Antioquia Gold Inc · OTC:AGDXF
Antioquia Gold — Investor Presentation (June 2010)
36 slides from Antioquia Gold's investor presentation, June 2010
Slide 1: Investor Presentation
Version 10.1 Investor Presentation June 2010
Slide 2: Disclaimer
Disclaimer This presentation may contain forward‐looking statements concerning the Company’s plans for its properties, operations and other matters. These statements refer to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and a
Slide 3: Capitalization Summary
Capitalization Summary Shares outstanding 64.6 mil Warrants 12.5 mil Options 5.5 mil Fully Diluted 82.6 mil Share Price C$ 0.25 Market Cap: C$ 16.2 mil 52–week range C$ 0.69–0.09 Cash Position: $< 1.0 mil Warrants/Options $ 6.2 mil Management/Board ~ 25% as of June 1, 2010 3
Slide 4: Management
Management Rick Thibault, P. Eng., Director, President and CEO • 32 years of engineering, operations, management and consulting experience in North and South America Brad Van Den Bussche, P. Geo, Director & VP Exploration • 25 years of international experience in both the mining and energy business
Slide 5: Directors
Directors J. H. (Jim) Decker, Chairman (Mining Engineer) Greg Harris – Lawyer (Securities Specialist) John Morgan – Geologist (President, Infinito Gold) Brian Murray – CA (Chairman, Nebu Resources) Rick Thibault – Mining Engineer (President & CEO, AGD) Brad Van Den Bussche – Geologist (VP Exploratio
Slide 6: About Antioquia Gold
About Antioquia Gold • Management experience in mine exploration and development including Colombia • Focus on mineral opportunities in Colombia, especially gold, since 2007 • Flagship: Cisneros Property 80 km northeast, on paved highway, from Medellin, a city of 3 million • Control a total land pac
Slide 7: Milestones since inception
Milestones since inception Sept. 2007 Acquired Guayabito Property Oct. 2007 Assembled Senior Management Team Nov. 2007 Compiled NI 43-101 Property of Merit Jan. 2008 Commenced Exploration of Cisneros Project Mar. 2008 Completed RTO & Name Change AM-VES/HIAM Aug. 2008 Listed August 2008 on TSX-V: AGD
Slide 8: Cisneros
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Slide 9: Colombia
Colombia • Most prolific gold producer in S.A. • Under-explored • High potential for new discoveries • Stable democratic government • National security policy (FARC under control) • Attractive investment regulation • Attractive mining policy and Mining Code • Competitive human capital • Legal stabil
Slide 10: Department Of Antioquia
Department Of Antioquia • Antioquia means “land of gold” • Antioquia’s mineral resources widely recognized • Main gold-mining producer of Colombia (over 75% of yearly Colombian production) • Over last 50 years: over 16 million ounces produced Mining Production in Antioquia 2005 – 2008 (in troy ounce
Slide 11: Cisneros Property
Cisneros Property All earn-ins / purchase conditions fulfilled N 2 Km Guayabito La Manuela CISNEROS 178 ha, 100% 101 ha interest, 1% NSR 100% interest Santo Domingo Pacho Luis (JV) 5,243 ha, 104 ha 90% interest 100% interest Current Cisneros Land Package 5,625 ha 1 Km
Slide 12: Cisneros – Geology
Cisneros – Geology • Gold Dominant System • Structurally Controlled Mesothermal Lode Gold System • Analogy to Red Lake, Bralorne • Intersections and Clustering of Structures are Key 12
Slide 13: Cisneros - Geological Model
Cisneros - Geological Model 13
Slide 14: Cisneros - Exploration to Date
Cisneros - Exploration to Date • Mapping: Regional & Detailed • Rock samples: 520 • Soil samples: 913 • Trenching: 2.7 km • Stream sediment / panning: 223 • Artisanal Workings: +60 • Geophysical Surveys: 13.2 km • Spent to Date: ~ US$5 Million
Slide 15: 2009 Drilling Program
2009 Drilling Program 30 holes 3,920 meters 2,218 samples Results • Confirmed majority of the mineral structures at surface and in artisanal workings can be traced both laterally and vertically • New structures and extensive zones of mineralization and alteration have been identified, particularly a
Slide 16: 2009 Drilling Program Select Results
2009 Drilling Program Select Results PC09-26 PC09-20 6.91 m Average 15.73g/t 1.05 m @ 31.21 g/t Au 0.59m @ 162.66 g/t 0.70 m @ 216.7 g/t Au 11.67 m Average 22.56 g/t
Slide 17: Cisneros - Drill Prospects
Cisneros- Drill Prospects L5671005 Guayabito L5671005 H7175B005 El Picacho Guayabito ILD-14271 T1498005 La Quiebra Drilling holes 2009 Drilling holes 2010 Manuela La Manuela River Drainaje Paved road El Limón unpaved road Properties Chapulin 17 Guaico - Nus H7175005 17
Slide 18: 2010 Drilling Program
2010 Drilling Program ~75 holes 10,000 meters +3,000 samples • Establish continuity of the key mineralized structures identified at Guaico-Nus and Guayabito • Quantify size and gold potential • Structural delineation at depth • Test geophysical anomalies & photo interpretation targets • Test new pro
Slide 19: 2010 Drilling Program
2010 Drilling Program • First 20 drill holes (2015m) successfully intersected Guaico N-S structure and the Nus E-W structure • Guaico Structure • 4.4m @ 16.6 g/t Au, incl. 1.0m @ 61.8 g/t • Nus Structure • 11.2m @ 5.4 g/t Au, incl. 1.6m @ 16.7 g/t • Guayabito Structure • 37.2m @4.5 g/t Au, incl. 1.1
Slide 20: Cisneros – Guaico -Nus
Cisneros – Guaico -Nus • Guaico Structure – 12 holes ( 8 new and 4 from 2009) – Strike length 200m & vertical depth 120m – Open at depth and to north • Nus Structure – 14 holes (10 new and 4 from 2009) – Strike length 950m & vertical depth 100m – Open at depth and along strike – east & west – True t
Slide 21: Cisneros – Guaico -Nus
Cisneros – Guaico -Nus Vertical Section Looking East Through the Nus Structure 21
Slide 22: Cisneros – Next Steps
Cisneros – Next Steps • Expand geophysical programs • Finish 10,000m drill program • Evaluate results of drilling and geophysics • Design exploration tunnel • Metallurgy test work
Slide 23: Land Holdings in Colombia
Land Holdings in Colombia Total Land Package +37,000 hectares • Cisneros: +5,600 hectares (Flagship) • Other Holdings ~32,000 hectares (Vetted +200,000 hectares) • Strategic Properties: located along the productive Cauca Porphyry Belt near high profile projects • Potential: Continually evaluating op
Slide 24: Strategic Properties
Strategic Properties • Six other prospect areas in Colombia all situated within the prolific Cauca Porphyry Belt Total (approx.): 32,000 ha Concordia-Betulia 12,387 ha Caicedo 3,156 ha Manizales Norte 10,091 ha Jerico 3,105 ha Gavia 2,887 ha Aguadas 371 ha • All projects lie below 2,800m elevation a
Slide 25: Strategic Properties
Strategic Properties CAUCA PORPHYRY BELT VENTANA – LA BODEGA N GREYSTAR - ANGOSTURA Bucaramanga CONTINENTAL - BURITICÁ CISNEROS CAICEDO ANGLO/B2 – GRAMALOTE (2.4M oz) Medellin CONCORDIA -BETULIA ANTIOQUIA BATHOLITH SUNWARD- TITIRIBI (3.7M oz) ANGLO/B2 - QUEBRADONA JERICÓ AGUADAS MEDORO – MARMATO (9.
Slide 26: Concordia-Betulia Prospect
Concordia-Betulia Prospect COBRE SOM SOCIEDA ALIANZA MINERA LTDA. D DE LA • Situated 40 km SW of Medellin PEÑA by paved highway SOM • Comprises 3 concessions for +12,000 hectares • Located in the prolific Cauca ACHAGUA SOM Porphyry Belt • Early stage exploration prospect SOCIEDAD • Good neighbours:
Slide 27: La Llanada Project
La Llanada Project COLOMBIA Medellin • Historical Nariño mining area • 6 month exclusivity - Local Co-Op • 380 ha (4 parcels) • Producing ~5,000 oz/yr, by totally manual methods • Joint Venture AGD - CAPEX & Management Co-op - Licences & Permits
Slide 28: Community Relations - Cisneros
Community Relations - Cisneros Involves 3 Municipalities in Department of Antioquia: Santo Domingo Cisneros Yolombo 28
Slide 29: Social Program Objectives
Social Program Objectives • Identify concerns and needs • Apply appropriate strategies and adjust to reality • Develop a working relationship between stakeholders • Three social studies conducted to date 29
Slide 30: Environmental Awareness
Environmental Awareness Baseline Studies Ongoing Focus - Water Quality and Quantity Environmental Studies and Permits for Future Work March drilling program and geophysics (granted) Trenching and exploration tunnels Explosive Use Permit CORPORATE PHILOSOPHY “Meet or exceed Colombia or North
Slide 31: Funding
Funding Current Drilling /Exploration Program: 10,000m core drilling program Ground geophysics program Field exploration on Santo Domingo On-going evaluation of Concordia- Betulia 31
Slide 32: Looking Forward
Looking Forward • Keep the Momentum Going • Accelerate Exploration Activities • Cisneros Project – Expand drilling targets and geophysics – Increase exploration of Santo Domingo lands – Develop geological and resource models – Establish exploration tunnel for grade control 32
Slide 33: Looking Forward – Cont'd
Looking Forward – Cont’d • Strategic Properties – Expand Concordia-Betulia exploration – Preliminary exploration on other holdings – Farm out select projects as joint ventures • Pursue Other Gold Opportunities in Colombia – Due diligence work on La Llanada 33
Slide 34: Mining Cycle
Mining Cycle Chart reproduced by eResearch, being modified from and 34 courtesy of The Gold Book, by Pierre Lassonde
Slide 35: Summary
Summary • Excellent Investment Opportunity • Strong Technical and Management Team • Colombian Experience • Well Positioned on Ground in Colombia • Solid Social & Environmental Commitment • Meeting Success at Cisneros Project • Quality Properties and Prospects 35
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