Slide 1: Silver-Zinc and Gold-Copper Exploration in Mexico and British Columbia, Canada
www.canasil.com Silver-Zinc and Gold-Copper Exploration in Mexico and British Columbia, Canada Corporate Presentation June 2008 “Forward-looking Statements” This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than
Slide 2: Corporate overview and objectives
www.canasil.com Corporate overview and objectives: • Exploration company focused on enhancing mineral asset and shareholder value • Exploring for gold, silver, copper and zinc • Operating in Mexico and B.C., stable mineral-rich environments with excellent infrastructure • Multiple projects and targe
Slide 3: Key Factors for Growth in Canasil Share Value
www.canasil.com Key Factors for Growth in Canasil Share Value: • Multiple exploration targets, high discovery potential • Active exploration programs • Leverage to discovery of mineral resources • Strong operating team to implement programs • Joint Ventures to advance projects • Low dilution, signif
Slide 4: Management team
www.canasil.com Management team: Alvin Jackson (Red Dragon Res. Eurozinc Mining, Amoco/Cyprus) Michael McInnis (Gateway Gold, Riverstone Res., Abacus Minerals) Gary Nordin (Nevada Pacific Gold, Eldorado Gold, Bema Gold) Arthur Freeze (Geological consultant – Goldcorp, Orko Silver) Bahman Yamini, Pre
Slide 5: 11 Exploration Projects in Mexico
www.canasil.com 11 Exploration Projects in Mexico: 200,000 hectares Combined land position Located on known mineralized trends close to Durango Prospective for Gold, Silver, Copper & Zinc High discovery potential
Slide 6: Mexico Operations and exploration projects
www.canasil.com Mexico Operations and exploration projects: • Operating subsidiary with experienced local operations team in Durango • Full time geological and support staff, active exploration and project acquisition program • Focused & cost-effective acquisition program; most projects 100% owned •
Slide 7: 4 Exploration projects in B.C., Canada
www.canasil.com 4 Exploration projects in B.C., Canada: Over 12,000 hectares located on one of the largest mineralized belts In Canada Located near major producing mines and deposits Potential for discovery of a multi-million ounce gold-copper deposit
Slide 8: Share and Capital Structure
www.canasil.com Share and Capital Structure Low dilution: High potential upside value Shares issued: 33,377,592 Warrants ($0.35 - $0.55: Sep. - Dec. 08): 2,794,000 Options ($0.20 - $0.75: 2008 - 2012): 2,833,750 --------------- Fully diluted: 39,005,342 ________________ ___ Controlled by insiders &
Slide 9: Exploration Progress 2006 to 2007
www.canasil.com Exploration Progress 2006 to 2007: 1. 9,000 metres diamond drilling on 4 projects La Esperanza silver-zinc-lead, Zacatecas, Mexico 1,200 metres diamond drilling Salmandra zinc-silver, Durango, Mexico 3,500 metres diamond drilling & 3D-IP Colibri silver-copper-zinc, Durango, Mexico 2,
Slide 10: La Esperanza Ag-Zn-Pb Project
www.canasil.com La Esperanza Ag-Zn-Pb Project Long section Strong silver-zinc- Lead Vein system, With wide widths and High Silver grades Open along strike and at depth ES-06-04 (-100 m) 7.52 m true width Av. 388g/t Ag 634g/t Ag over 2.66 m ES-06-05 (-150 m) 9.8 m true width Av. 396 g/t Ag 1,360g/t A
Slide 11: La Esperanza drill hole ES-06-05 high-grade intercepts
www.canasil.com La Esperanza drill hole ES-06-05 – Sept. 2006 – high-grade intercepts Sample No. Width m Silver g/t Zinc % Lead % 5117: 148.22 – 149.17m 0.95 2,144 0.29 3.20 5118: 149.17 – 150.15m 0.98 600 0.46 3.60 5125: 155.22 – 155.93m 0.71 837 1.66 20.71
Slide 12: Colibri Silver-Copper-Zinc-Lead Project
COLIBRI Silver-Copper-Zinc-Lead Project Phase 1 -3 drill programs completed www.canasil.com 16,000 hectares hosting multiple vein system with over 14 km combined strike length • Linda vein over 4 km strike length • Drill intercept 3.7 metres with 98 g/t Ag, 3.49% Cu & 1.96% Zn • Surface samples up t
Slide 13: Colibri Linda Vein Copper, Silver, Zinc
COLIBRI Silver-Zinc-Lead Project Linda Vein Copper, Silver, Zinc www.canasil.com Linda Vein drill hole CO-07-09 Intercept Width m Silver g/t Copper % Zinc % 74.65 – 78.35 m 3.70 98 3.49 1.96 Incl: 77.35 – 78.35 m 1.00 177 7.46 0.30 Linda Vein drill hole CO-07-12 158.60 – 159.20 m 0.60 87 1.10 0.98 1
Slide 14: Salamandra Zinc-Silver Project: Geophysics & Geochem Define Drill Targets
SALAMANDRA Zinc-Siver Project Geophysics & Geochem Define Drill Targets Phase 1 &2 Drill Programs completed www.canasil.com
Slide 15: Salamandra Zinc-Silver Project Phase 1 & 2 Drill Programs
SALAMANDRA Zinc-Silver Project Phase 1 & 2 Drill Programs www.canasil.com Drill Intercept Width Silver Zinc Copper Lead Hole From – To m m g/t % % % SA-07-02 7.40 – 17.25 9.85 102 0.55 0.02 0.03 SA-07-02 27.65 – 35.10 7.45 50 12.00 0.22 0.06 SA-07-03 195.00 – 205.00 10.00 71 3.48 0.06 1.26 SA-07-04
Slide 16: Brenda Gold/Copper Project, B.C., Canada
www.canasil.com BRENDA Gold/Copper Project B.C., Canada • 25km NW of Northgate Minerals Kemess South mine ( +2 mill. oz Gold, 300k oz Au/year) • Excellent access and infrastructure • Past drilling confirmed ore grade porphyry gold-copper mineralization • 2006 mapping confirmed 1,500 x 750m alteratio
Slide 17: Brenda Au-Cu Project 2007 Diamond drill program
www.canasil.com Brenda Au-Cu Project 2007 Diamond drill program: Increasing gold and copper grades with depth 3D-IP Geophysics Chargeability at –300 metres
Slide 18: Developments Jan. – June, 2008
www.canasil.com Developments Jan. – June, 2008: Salamandra & Victoria, Durango: Blackcomb Option & Joint Venture Agreement $5,000,000 in 6 years for 60% interest in Salamandra $2,000,000 in 6 years for 60% interest in Victoria $375,000 cash payments and option for 1,500,000 shares placement Colibri,
Slide 19: 2008 Exploration Programs
www.canasil.com 2008 Exploration Programs*: La Esperanza, Zacatecas: $400,000 2,000 metres Phase 2 drilling Salamandra & Victoria, Durango: Blackcomb JV 3D-IP Geophysics & drilling Other Mexico projects: $500,000 Geological mapping, sampling, 2,000m drilling Brenda. B.C.: $300,000 1,000 metres drill
Slide 20: New Projects Durango & Sinaloa, Mexico
www.canasil.com New Projects Durango & Sinaloa, Mexico: 1. El Eden, Sinaloa 4,000 hectares Copper-Silver-Gold 2. Vizcaino, Durango 600 hectares Gold-Silver 3. Carina, Durango 3,100 hectare Silver-Zinc-Lead 8 Prospects on Major Durango-Zacatecas Silver Trend
Slide 21: Durango-Zacatecas Region, Mexico
Durango-Zacatecas Region, Mexico Canasil Multiple Projects in a Region Hosting Major Recent Discoveries www.canasil.com Silver Standard Geologix Explorations Orko Silver La Pitarilla San Augustin La Preciosa MAG Silver CanPlats Juanicipio / Fresnillo Camino Rojo
Slide 22: Well Positioned to Create Mineral Asset and Share Value
www.canasil.com Well Positioned to Create Mineral Asset and Share Value: 1. Experienced professional management and operating team. 2. Multiple high quality exploration projects in mineral rich districts and stable jurisdictions. 3. Implementing active exploration programs to discover and define min