Aurania Resources Ltd. · TSXV:ARU
Aurania Resources — Investor Presentation (January 2018)
25 slides from Aurania Resources's investor presentation, Jan 5, 2018
Slide 1: Gold and Copper Exploration in Ecuador
Gold and Copper Exploration in Ecuador
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurania. Forward-looking statements include estimates and statements that describe Aurania’s future plans, ob
Slide 3: Investment Highlights
Investment Highlights People – Multiple prior discoveries in Ecuador – CEO Keith Barron responsible for discovering Fruta del Norte epithermal gold/silver deposit – President Richard Spencer led teams responsible for discovery of San Carlos, Panantza, Mirador porphyry copper and Loma Larga gold depo
Slide 4: Board of Directors
Board of Directors Keith Barron Ph.D. CEO and Chairman Elaine Ellingham M.Sc., MBA, P.Geo. Director Richard Spencer Ph.D., P.Geo., C.Geol. President and Director Gerald Harper Ph.D., P.Geo. Director Marvin Kaiser Retired CFO Director TSXV:ARU 4
Slide 5: Management
Management Keith Barron Jean Paul Pallier Ph.D. M.Sc., EurGeol. CEO and Chairman VP-Exploration Richard Spencer Donna McLean Ph.D., P.Geo, C.Geol. B.A. President and Director CFO Monica Ospina Carolyn Muir M.Sc. B. Sc. Head of CSR Manager – Investor Services TSXV:ARU 5
Slide 6: Capital Structure
Capital Structure Debt ARU 27,335,625 US$1MM deferred payment relating to acquisition of Ecuasolidus S.A. 1,600,445 (corporate entity in which the Lost 2,315,000 Cities - Cutucu concessions are held) 31,251,070 Conditions 4.40 120MM • Due date: May 29, 2018 • 2% Annual interest rate 2018-01-10 TSXV:
Slide 7: Corporate Snapshot
Corporate Snapshot Recent Financing Options April 2017 1.7MM 415K 150K 430K C$2.00 C$0.40 $C0.60 C$2.30 C$2.00 3,200,890 April, 2018 July, 2021 May, 2022 Nov, 2022 1,816,745 C$3.00 Shareholder Base Oct, 2018 1yr Share Price Others 39% Insiders 61% 2018-01-10 TSXV:ARU 7
Slide 8: The Opportunity
The Opportunity • Management discovered mines along-trend • Concession area never systematically explored with modern techniques • Proprietary historical information • Ecuador: a pro-mining jurisdiction • Excellent potential for world class deposits 2018-01-10 TSXV:ARU 8
Slide 9: People
People Dr. Keith Barron Ph.D • Aurania’s CEO and Chairman • Exploration geologist with over 33 years experience in the mining sector • 2003 discovered Fruta del Norte gold- silver deposit - sold for $1.2B • Awarded 2008 Thayer Lindsley International Discovery Award • Named the Northern Miner’s 2008
Slide 10: People
People Dr. Richard Spencer Ph.D., P.Geo., C.Geol. • Aurania’s President and Director • Lived in Ecuador for 10 years • Led Gencor’s exploration team in discovery of porphyry district: • 24 billion lbs copper • 4 million oz gold • Discovered Loma Larga epithermal gold – silver deposit for Iamgold • 3
Slide 11: Jurisdiction: Government Investment
Jurisdiction Ecuador: Government Investment Pangui Health Clinic Los Encuentros School Government spent US $136 million on infrastructure near future mines prior to receiving any royalties/taxes from mining. 2018-01-10 TSXV:ARU 11
Slide 12: Jurisdiction: Exploration Hotspot
Jurisdiction Ecuador: Exploration Hotspot 4/6 1 ECUADOR 2 3 22 5 7 5 2018-01-10 TSXV:ARU 12
Slide 13: Multiple Deposits Being Developed
Jurisdiction Multiple Deposits Being Development Mines Under Construction Advanced Exploration and • Fruta del Norte (Gold-Silver) Resource Definition Lundin Gold; • Santa Barbara (Gold-Copper) Lumina Gold; • San Carlos & Mirador (Copper and Copper-Gold) China National • Cangrejos (Gold-Copper) Lumi
Slide 14: Nambija, Ecuador
Project Nambija, Ecuador Nambija is one of Ecuador’s Lost Cities rediscovered in 1981 2018-01-10 TSXV:ARU 14
Slide 15: Sevilla del Oro, Ecuador
Project Sevilla del Oro, Ecuador “Sevilla del Oro is the richest mine in the Indies” 2018-01-10 TSXV:ARU 15
Slide 16: Historic Timeline: The Lost Cities
Project Historic Timeline: The Lost Cities Last attempt to restore Logroño destroyed and Logroño to the Crown re-established. Sevilla del Keith Barron Oro founded. discovers Fruta del Logroño destroyed Norte gold deposit 1564 1575/1576 1582 1594 1605 1616 2003 2006 2016 Logroño de los Caballeros Log
Slide 17: Two of Ecuador's Lost Cities
Project Two of Ecuador’s Lost Cities Approximate coverage of Lost Cities – Cutucu exploration concessions 2018-01-10 TSXV:ARU 17
Slide 18: Prime Discovery Potential
Project Prime Discovery Potential • Large land position (2,080km2) • Underexplored concessions • Known mineral belt extends across concession area 2018-01-10 TSXV:ARU 18
Slide 19: Exploration Approach
Project Exploration Approach 2018-01-10 TSXV:ARU 19
Slide 20: Favourable Geology
Project Favourable Geology Similar geological framework that hosts deposits in the Cordillera del Condor are evident in The Lost Cities – Cutucu Project Pull-apart basins Schematic pull-apart basin at a Fruta del Norte pull-apart shown at interpreted from jog in a right-lateral fault the same scale
Slide 21: Stream Sediments: Volatile Elements Define Upper Parts of Deposits
Project Stream Sediments: Volatile Elements Define Upper Parts of Epithermal Gold-Silver Deposits Fruta del Norte – illustrates that volatile pathfinders flag blind epithermal gold-silver deposit. Same model being applied in Lost Cities – Cutucu Project 2018-01-10 TSXV:ARU 21
Slide 22: Geophysics - Magnetics
Project Geophysics - Magnetics Awacha Target: Porphyry cluster target compared with SolGold’s Cascabel Project Awacha Target: Reduction to the Pole (RTP) magnetic data SolGold’s Cascabel Project: RTP data (Source: SolGold) 2018-01-10 TSXV:ARU 22
Slide 23: Next Steps
Project Next Steps - Continued stream sediment sampling - Detailed exploration of prioritized targets - Soil sampling - Selection of targets for scout drilling in H2, 2018 2018-01-10 TSXV:ARU 23
Slide 24: Why Invest?
Why Invest? People – Track record of major discoveries in adjacent area – Large insider equity position – Committed to community engagement Jurisdiction – Pro-mining government Potential for World Class Deposits – Underexplored concession block – Favourable geological setting – Along trend of major
Slide 25: Contact
Contact Corporate Office Social Media 36 Toronto Street, Suite 1050 Toronto, ON M5C 2C5, Canada @AuraniaLtd (416) 367-3200 ir@aurania.com @AuraniaLtd Dr. Keith Barron, CEO and Chairman keith@aurania.com Aurania Resources Dr. Richard Spencer, President and Director richard.spencer@aurania.com Donna M
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