Mirasol Resources Ltd · TSXV:MRZ
Mirasol Resources — Precious Metals Summit Beaver Creek 2018
24 slides from Mirasol Resources's conference presentation, September 2018
Slide 1: A Premier Project Generator: Focused On The Next Discovery
A PREMIER PROJECT GENERATOR Focused On The Next Discovery CHILE / ARGENTINA GOLD / SILVER / COPPER PRECIOUS METALS SUMMIT - Beaver Creek 2018 For Further Information: Stephen Nano, President & CEO Jonathan Rosset, VP Corp Development mirasolresources.com 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 presentation, other than statements of historical fact, that address future operations, resource potential, exploration drilling, exploitation
Slide 3: Portfolio Overview: Large High Caliber Gold – Silver – Copper Portfolio
Portfolio Overview: Large High Caliber Gold – Silver – Copper Project Portfolio in Chile and Argentina Last Year: Chile: Indra JV – Hochschild Mining 2018 FY 2017/2018 Partner-funded ATACAMA PUNA GENERATIVE REGION Chile: Zeus JV – Newcrest Mining 2018 exploration work: CA$ 9 M Chile: Altazor JV – Ne
Slide 4: Strategy: Accelerating drill testing and the Path to Discovery
Strategy: Accelerating drill testing and the Path to Discovery Mirasol Expanded Mirasol Retained Project Exploration Strategy REWARD (deposit size, JV Model on 100% Large Scale 20 retained interest) Targets to 30% Self Funded Exploration on 1 to 3 Moz select projects Traditional Exploration 3 Moz +
Slide 5: Exploration Activities FY2018-2019: An Active Year Ahead
Exploration Activities FY2018-2019: An Active Year Ahead Projects Funding Programs Altazor Newcrest Targeting / planning Zeus Newcrest Targeting / planning Multiple Concurrent Drilling La Curva OceanaGold Targeting / planning and Exploration Claudia OceanaGold Targeting / planning Programs Indra Hoc
Slide 6: Business Development Focus: Focused on Delivering Flow of New Deals
Business Development Focus: Focused on Delivering Flow of New Deals → Track record for strong deals with quality partners on our projects in Chile and Argentina Previous Partners Current Partners 8 partner funded Projects 5 partner funded Projects → 1 discovery / 7 returned without retained interest
Slide 7: Mirasol Projects: Extensive Gold – Silver - Copper Portfolio in World Class Mining Belts
Mirasol Projects: Extensive Gold – Silver - Copper Portfolio in World Class Mining Belts Chile: Paleocene Au + Ag Chile: Oligocene Cu Chile: Mio-Pliocene Au + Cu Argentina: Santa Cruz Au + Ag 8 Projects / 32,100 ha 5 Projects / 41,100 ha 24 Projects / 125,400 ha 13 Projects / 420,000 ha Antofagasta
Slide 8: Chile: Exploration and Business Development
Chile Exploration and Business Development
Slide 9: Chile: Building On A Track Record Of Attracting Partners To District Scale Projects
Chile: Building On A Track Record Of Attracting Partners To District Scale Projects Mantos Blancos Altazor Gaby JV → Competitive technical and operational advantage Antofagasta Newcrest Socaire → Demonstrated capacity to deliver high quality, district-scale precious Odin Cu Project Mining metal proj
Slide 10: Hochschild Mining Chile: Indra Project – New LOI for an Option to JV Agreement
Hochschild Mining Chile: Indra Project – New LOI for an Option to JV Agreement With Program Initiated In Fall 2018 Chile Bolivia → LOI in place in August 2018, subject to DD and definitive agreement execution El Abra → Initiated exploration program in September 2018. Crew in the field Tocopilla Chuq
Slide 11: Newcrest Mining Chile: Zeus JV Project Initial Surface Exploration Program Completed
Newcrest Mining Chile: Zeus JV Project Initial Surface Exploration Program Completed Zeus Project → Targeting multi-million ounce gold deposit 18,480 ha → Partner-funded CA$820K exploration expenditures to June 2018 → Second season program and budget planning in progress Artemisa Breccia Committed:
Slide 12: Newcrest Mining Chile: Altazor JV Project Initial Surface Exploration Program Completed
Newcrest Mining Chile: Altazor JV Project Initial Surface Exploration Program Completed June 2018 → Targeting multi-million ounce HSE gold deposit → Incurred partner-funded CA$1.8M exploration program to June 2018 → Second season program and budget planning in progress Committed: US$ 1.5M spend over
Slide 13: Mirasol Project Chile: Gorbea – 23,000 ha in 9 projects, drilling only at Atlas and Titan
Mirasol Project Chile: Gorbea – 23,000 ha in 9 projects, drilling only at Atlas and Titan → New JV Partner Project Evaluations In Progress “Steam Heated Zone” Prospect → Previous JV Partner spend of CLATRD0007 CA$10 M on the properties ATLAS NW CLATRD0010 SE CLATDH0016 and drilled 11,640 m SIRIO CLA
Slide 14: Argentina: Exploration and Business Development
MIRASOL RESOURCES LTD Focused on gold & silver discovery Argentina Exploration and Business Development
Slide 15: Argentina: Large Portfolio of High Grade Gold - Silver Projects
Argentina: Large Portfolio of High Grade Gold - Silver Projects → Mining Province 6 >> 7 operating mines San Jose Las Heras → Mirasol’s leading project portfolio in Santa Cruz Perito Hochschild/ McEwen Mining Moreno → 13 Gold - Silver properties totalling + 400,000 ha Cerro Negro Goldcorp • Drilling
Slide 16: OceanaGold Argentina: Targeting High Grade Low Sulfidation Gold – Silver
OceanaGold Argentina: Targeting High Grade Low Sulfidation Gold – Silver in Argentina La Curva Project → 2 strong deals with successful producer → OceanaGold (OGC) → Targeting standalone high grade gold and silver deposits → Combined JV spend of CA$3.7M to June 2018 CURVA WEST LA CASTORA TREND • Fir
Slide 17: OceanaGold Argentina: Curva West prospect – A New Quality Drill Target
OceanaGold Argentina : Curva West prospect – A New Quality Drill Target For the Upcoming Season Pipeline Prospect Graben Prospect Cross-Section Target 1 / Target 2 Exploration target Eroded Au-Ag vein clasts in epithermal Target 3 A altered epiclastic sediment Au-Ag vein clasts in Kaolinite- mineral
Slide 18: Mirasol Project Argentina: Nico Project - Drilling a New Bonanza Grade Silver – Gold District
Mirasol Project Argentina: Nico Project - Drilling a New Bonanza Grade Silver – Gold District Endeavour Prospect Aurora and Vittoria Martha resource located 45 km to south, displayed at Prospects same scale for reference 1 → High grade intermediate sulfidation → 700 m strike 20.8 million oz Ag & and
Slide 19: Mirasol Drill Test: Nico Project, Resolution Prospect – Bonanza Grade Gold - Silver
Mirasol Drill Test: Nico Project, Resolution Prospect – Bonanza Grade Gold - Silver Endeavour Aurora and Prospect 48.5 g/t AuEq60 49.3 g/t AuEq60 → 2.1 km x 230 m vein zone: Priority drill 2,332.3 g/t Ag, 2,954.5 g/t Ag, Vittoria Prospects 32.9 g/t AuEq60 9.62 g/t Au 0.08 g/t Au target high grade si
Slide 20: Mirasol Drill Test: Nico Project, Aurora Gold - Silver Prospect Rock chip Sampling
Mirasol Drill Test: Nico Project, Aurora Gold - Silver Prospect Reconnaissance Rock chip Sampling Aurora Prospect 37.6 g/t AuEq60 856.9 g/t Ag, Jurassic 23.3 g/t Au Ignimbrite → Aurora Prospect: Jurassic s Ignimbrites 35.6 g/t AuEq60 30.3 g/t Ag, 9 priority targets for high grade Jurassic 35.1 g/t A
Slide 21: In Summary
La MIRASOL RESOURCES LTD In Summary
Slide 22: Mirasol Resources Looking Ahead: News Flow
Mirasol Resources Looking Ahead: News Flow Strong News flow – both pending results and from planned FY 2019 programs → Multiple partner-funded drilling and exploration programs → Mirasol funded exploration - Drill testing at Nico and surface work in Chile and Argentina → Continued Business Developme
Slide 23: Mirasol Resources: Corporate Summary
Mirasol Resources: Corporate Summary • Well-funded Share Distribution • C$ 25M cash (June 30, 2018) Capital Structure 30% • Conservative capital structure 45% • 53.7 M shares outstanding • 3.2 M Stock options outstanding 25% • 2.2 M warrants outstanding (C$ 3.00, expiring June, 2020) Insiders Instit
Slide 24: Notes
Notes _______________________________________________________________ _______________________________________________________________ _______________________________________________________________ _______________________________________________________________ ______________________________________
Mirasol Resources — Precious Metals Summit Beaver Creek 2018 on 6ix