Slide 1: Corporate Presentation
CANADA QUEBEC Val-d'Or Montreal Toronto New York Corporate Presentation TSX-V: ELO August 2012 FSE: P2Q
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD‐LOOKING STATEMENTS Certain information contained herein regarding Eloro Resources Ltd., including management’s assessment of future plans and operations, may constitute forward‐looking statements under applicable securities law and necessarily involve risks, includi
Slide 3: Eloro Resources Ltd.
Eloro Resources Ltd. Eloro Resources is an exploration and mine development company with a portfolio of gold and base‐metal properties in northern and western Quebec. The Company is focused on expanding CANADA the historic gold resources at the past‐ QUEBEC producing Simkar Gold Mine. Val-d'Or Montr
Slide 4: Experienced Management Team
Experienced Management Team Management Board of Directors Thomas Larsen Thomas Larsen President and CEO Chairman Miles Nagamatsu Alex Horvath, P.Eng. Chief Financial Officer Director Jorge Estepa Francis Sauve Vice President and Secretary-Treasurer Director Martin Bourgoin, P.Geo. Paul Ankcorn Execu
Slide 5: Share Structure
Share Structure Exchange/Ticker TSX Venture Exchange/ELO Frankfurt Stock Exchange/P2Q (WKN A1JKAT) Shares Issued and 51.4 million (Aug. 30, 2012) Outstanding Warrants 8.1 million (potential proceeds $4.7 million) Options 1.4 million Fully Diluted 60.9 million Share Price $0.04 (Aug. 30, 2012) Market
Slide 6: Gold Price Performance
Gold Price Performance FRB USD per ounce 600 600 400 400 r ano3 www, kKitco,com on co 0 J H06 iG w uw anos i) Janii lan? Febod Febo5 J J Jan Based on New York Close Jani:
Slide 7: Eloro Resources' Exploration Portfolio
Eloro Resources’ Exploration Portfolio Simkar Gold Property • Flagship Project, 20 km east of Val-d’Or, Quebec; (Flagship Project) acquired from Megastar Development in February 2011; • Former gold-producing underground mine; • Geologically similar to the Sigma-Lamaque gold deposit in Val-d’Or; • Co
Slide 8: Prolific Mining District
Prolific Mining District Historic Gold Production: 175 Million ounces DOYON LARONDE LAPA KIENA GOLDEX SIGMA-LAMAQUE Cadillac Malartic HYW Operating Gold Mines (9) 117 Development Projects (4) Val-d'Or Past Producing Gold Mines Operating Mills (7) SIMKAR Towns 10 km Trans Canada Highway 117 Simkar is
Slide 9: Proven Gold Producers…
Proven Gold Producers… Nearby Mines Contain Over 20 M Ounces of Gold Reserves Cadillac IAMGOLD AGNICO-EAGLE AGNICO-EAGLE Goldex Mine Westwood Lapa Mine Malartic IAMGOLD Doyon Mine HYW 117 Val-d'Or AGNICO-EAGLE Laronde Mine OSISKO MINING SIMKAR Canadian Malartic WESDOME Kiena Mine CENTURY MINING Sigm
Slide 10: …with "deep" pockets.
…with “deep” pockets. IAMGOLD IAMGOLD Agnico-Eagle Agnico-Eagle Agnico-Eagle Century Eloro DOYON WESTWOOD LARONDE LAPA GOLDEX SIGMA SIMKAR 110 K oz 3.2 M oz 4.8 M oz 800,000 oz 1.6 M oz 4.4 M oz ? Cadillac Malartic HWY Operating Gold Mines (9) 117 Development Projects (4) Val-d'Or Past Producing Gol
Slide 11: Simkar Gold Property – Potential at Depth
Simkar Gold Property – Potential at Depth N SIGMA GOLD MINE 10 km SIMKAR S SURFACE -200 m LEVEL 5 BLUE SKY POTENTIAL -400 m LEVEL 10 (Cross-section view: looking east) -600 m LEVEL 15 -800 m LEVEL 20 MINED TO LEVEL 40 (2000 m) 11
Slide 12: Simkar Gold Property
Simkar Gold Property • Former gold-producing mine with 140,000 ounces remaining above the 200 m level (NI 43-101 Inferred Resource: Bourgoin and Sandefur, 2008*): - Simkar was partially mined of 55,000 ounces of gold (332,659 tonnes @ 5.19 gpt Au); - Simkar Property includes existing mine shaft and
Slide 13: Best 2010 Drilling Results
Best 2010 Drilling Results HOLE ID SECTION FROM (m) TO (m) INTERVAL (m) GRADE (gpt AU) SK10‐01 8750 370.90 371.40 0.50 6.74 SK10‐02 8650 196.50 198.00 1.50 4.11 SK10‐06 8500 213.40 214.20 0.80 4.42 SK10‐09 8850 267.80 268.30 0.50 13.55 SK10‐10 8925 74.00 75.00 1.00 4.61 SK10‐11 9000 156.00 156.50 0.
Slide 14: Best 2011 Drilling Results
Best 2011 Drilling Results HOLE ID SECTION FROM (m) TO (m) INTERVAL (m) GRADE (gpt AU) SK11‐02 9550 224.50 225.50 1.00 2.08 236.00 237.00 1.00 2.02 SK11‐07 10150 13.60 16.00 2.40 4.35 SK11‐09 9200 211.00 214.00 3.00 2.03 764.00 771.00 7.00 3.14 incl. 764.00 765.90 1.90 8.10 SK11‐12 8300 8.50 11.00 2
Slide 15: Best 2012 Drilling Results
Best 2012 Drilling Results HOLE ID SECTION FROM (m) TO (m) INTERVAL (m) GRADE (gpt AU) SK11‐15 9050 4.10 5.50 1.40 7.56 42.00 43.50 1.50 4.70 141.00 142.50 1.50 3.29 SK12‐16 8950 154.00 154.85 0.85 1.91 198.00 199.50 1.50 4.24 210.00 210.85 0.85 4.11 SK12‐17 8875 17.50 18.00 0.50 2.12 85.50 87.00 1.
Slide 16: Regional Geology
Regional Geology Quartz-Feldspar Porphyry dyke Matic intrusions HE Diorite, Gabbro (dyke) Pyroclastic Breccia (Agglomerate) Undifferentiated Tuff Rhyolitic Tuff Felsic volcanic (Rhyolite-Dacite) {BE intermediate Volcanic (Andesite-Dacite) HE Matic Volcanic (Basalt) | Felsic intrusion HE Uttramatic V
Slide 17: Simkar Geology
mkar Geology Simkar Project Hole: SK12-17 2.12 g/t Au over 0.50 m 3.05 g/t Au over 1.50 m 7.89 git Au over 1.50 m ‘SK12-19 14,90 git Au over 0.50 m B) 4.11 gitAu over 0.70 m 2.55 git Au over 0.75 m my premen,_2.03 git Au over 0.50 m SK12-18 SK11-15 7.56 git Au over 1.40 m 4.70 git Au over 1.50 m 3.2
Slide 18: 2010-2012 Drillhole Traces
2010-2012 Drillhole Traces 18
Slide 19: Simkar Project: east-facing cross section
Simkar Project: east-facing cross section 19
Slide 20: Simkar Project – north-facing Longitudinal Section
Simkar Project – north-facing Longitudinal Section 20
Slide 21: Production Ready?
Production Ready? Existing Capital Equipment and Infrastructure Simkar Gold Property Assets 1) Underground drifts: 7,400 m 2) Shaft: 300 m vertical 3) Historical drilling: 33,000 m 4) Eloro drilling: 42 holes for a total of 18,910 m (2010-2012) NI 43-101 Gold Resources (Inferred) • 140,000 total con
Slide 22: Why the Simkar Gold Property?
Why the Simkar Gold Property? • Acquisition completed– Eloro holds a 100% interest • 140,000 ounces of gold resource above the 200 metre level • Significant drilling results obtained since 2009 (∑=18,910 m) - Ongoing aggressive exploration program • Existing underground infrastructure ($millions in
Slide 23: 2012 Exploration Plan
2012 Exploration Plan Focus on Simkar Gold Property • Drilling in 2010-2011 identified new zones of gold mineralization and vein structures beneath and south of the mine workings; • February 2012: completed 3,900 metre surface drilling program which continued to test these new high-grade gold bearin
Slide 24: Thank You
THANK YOU CANADA QUEBEC Val-d'Or Montreal Toronto New York Eloro Resources Ltd. Toll Free: +1.800.360.8006 20 Adelaide Street East, Suite 301 Tel.: +1.416.868.9168 Toronto, Ontario Email: info@elororesources.com CANADA M5C 2T6 Website: www.elororesources.com 24
Slide 25: Simkar Gold Project: 3-D Mine Model
Simkar Gold Project: 3-D Mine Model 25
Slide 26: Simkar Gold Property – Isometric View
Simkar Gold Property – Isometric View Simkar 3D Geology Model & 2010 DDH’s Isometric Top View N A-zone B-zone stopes stopes 16 12 Diorite 13 Host C-zone stopes East Shear zone stopes Montana 150 metres zone stopes SK10-12 - 9.4 gpt Au / 5.9m SK10-13 - 20.4 gpt Au / 3.0m SK10-16 – 4.0 gpt Au / 5.0m 2
Slide 27: Simkar Gold Project: Geological Section - looking east
Simkar Gold Project: Geological Section - looking east 27
Slide 28: James Bay Properties - Quebec
James Bay Properties - Quebec • Delta/Eastmain (Cu-Au-Zn-Ag): 100% ELO • Summit-Gaber (Cu-Au-Ag-Pt-Pd): 100% ELO (partnered with Shield Gold) • Sakami East (Cu-Au): 100% ELO • Lemoyne North (Cu-Au): 100% ELO (this area was re-mapped by Provincial Gov’t in 2009/2010) 28
Slide 29: James Bay Properties
James Bay Properties ELEONORE DEPOSIT 12.48 Mt @ 7.56 g/t Au EASTMAIN 2.85% Cu CLEARWATER DEPOSIT 1,029,332 t @ 9.46 g/t Au RESERVOIR DEPOSIT 10 Mt @ 0.85 g/t Au, 0.07% Cu DELTA 13.04% Cu, 108.40 g/t Ag RUPERT SOUTH 6.02% Cu, 3.24% Cu 29
Slide 30: James Bay Properties
James Bay Properties SUMMIT-GABER LAGRANDE NORTH 14.58% Cu, 22.00 g/t Ag SAKAMI EAST 32.80 g/t Au, 12.72 g/t Pt SAKAMI EXTENSION 8.22 g/t Pd, 41.92 g/t Au 36.00 g/t Au, 71.00 g/t Ag 3.35 g/t Au, 10.20% Cu CORVET WEST 1.89% Cu 14.30 g/t Au / 2.00 m - DDH 8.00 g/t Au / 2.00 m - DDH LEMOYNE NORTH 5.60
Slide 31: Delta/Eastmain Properties
Delta/Eastmain Properties 31