Regulus Resources Inc · TSXV:REG
Regulus Resources — Investor Presentation (January 2019)
32 slides from Regulus Resources's investor presentation, January 2019
Slide 1: Emerging Cu-Au Discovery in the Land of Peruvian Giants
TSXV - REG Emerging Cu-Au Discovery in the Land of Peruvian Giants Regulus Resources Inc. Corporate Presentation January 2019 1
Slide 2: Disclaimer
Disclaimer Forward-Looking Information www.regulusresources.com Forward‐Looking Information. Certain of the information contained in this document constitutes forward‐looking information or forward‐looking statements (collectively, "forward‐looking information") within the meaning of applicable Cana
Slide 3: Who are we? An Experienced Team in South America
Who are we? An Experienced Team in South America www.regulusresources.com John Black, CEO & Director B.Sc., M.Sc., 30+ years international exploration experience – Kennecott, Rio Tinto, WMC, founding President/CEO of Antares Minerals. Fernando Pickmann, President LLM, 20+ years mining law experience
Slide 4: Who are we? TSX-V-Listed Company with Loyal Shareholders
Who are we? TSX-V-Listed Company with Loyal Shareholders www.regulusresources.com Shares issued 90,994,594 4,217,452 at C$1.60 to Jan 2020 Warrants outstanding 187,307 at C$1.90 to Sep 2020 Total 4,404,759 Options outstanding 2,200,000 at C$1.50 to 2.00 expiry 2021-2023 Fully diluted 97,599,353 Prin
Slide 5: A Team with a Proven Track Record
Who are we? A Team with a Proven Track Record www.regulusresources.com Strategy 1. Acquire Mineral 2. Add Value by 3. Monetize By The Team’s Resources with Overlooked Proving Out Selling To Companies Potential Expansion A Major Antares 2005 2005-2010 2010 Minerals: Acquired for US$15MM from C$45MM s
Slide 6: Where are we? Northern Peru, the Land of Giants
Where are we? Northern Peru, the Land of Giants www.regulusresources.com TSXV - REG 6
Slide 7: Good Infrastructure, Close to Operating Mines
Where are we? Good Infrastructure, Close to Operating Mines www.regulusresources.com Tantahuatay Mine & Antakori Project Cerro Corona Mine Yanacocha Mine Cajamarca City TSXV - REG 7
Slide 8: Immediately Adjacent to Two Operating Mines
Where are we? Immediately Adjacent to Two Operating Mines www.regulusresources.com Cerro Corona Mine AntaKori Claims Sub-area 2 Cerro Corona Tailings Tantahuatay Leach Pads AntaKori Claims Tantahuatay 2 Open Pit Sub-area 1 TSXV - REG 8
Slide 9: What has been achieved by Regulus?
What has been achieved by Regulus? www.regulusresources.com Before Regulus Acquired AntaKori AntaKori Claims Previous drilling had defined substantial Cu-Au- Ag sulphide mineralization that occurs on both Regulus and Coimolache (Tantahuatay Mine) mining rights and remains open for expansion in most
Slide 10: District Consolidation - Two Agreements in Place
What has been achieved by Regulus? District Consolidation - Two Agreements in Place www.regulusresources.com 1. Coimolache Agreement AntaKori • Mutual rights of access - mutual Claims rights of expansion agreement • Full data sharing within an area of interest 2. Colquirrumi Agreement • Option to ea
Slide 11: 295mt of Inferred Cu-Au-Ag Resource
What do we have at AntaKori? 295mt of Inferred Cu-Au-Ag Resource www.regulusresources.com Resource Tonnes Au Cu Ag Au Cu Ag Au Eq Cu Eq CuEq (milions) (g/t) (%) (g/t) (M oz) (B lbs) (M ozs) (M ozs) (B lbs) (%) Category Inferred 294.8 0.36 0.48 10.20 3.40 3.10 93.30 12.81 5.10 0.8 Au EQ and Cu EQ wer
Slide 12: "Blue-sky" Upside Potential
What do we think we have? “Blue-sky” Upside Potential www.regulusresources.com Resource on Regulus concessions only 2016 CMC Resource Estimate 4 (Sulphides) Indicated 294.8 Mt Untested Cu 0.48 Au 0.36 Ag 10 Targets (%) (g/t) (g/t) 3 (43-101 Resource Estimate; Wilson, 2012) Resource below neighbourin
Slide 13: AntaKori Sulphide Deposit
www.regulusresources.com REG REG AntaKori Sulphide Deposit Limit of current resource Open in most directions REG Tantahuatay REG Mine - 2016 TSXV - REG 13
Slide 14: Extensive Drill Program 2017/2018
What has been achieved by Regulus? Extensive Drill Program 2017/2018 www.regulusresources.com • ~23,000m completed to-date by REG • Adds to the ~17,000m of historical drilling • ≈25,000m 2019 Drill Program Planned TSXV - REG 14
Slide 15: What are drill results to date?
What are drill results to date? 23,000 m+ Drill Program www.regulusresources.com Early drilling is demonstrating existence of higher-grade, “cleaner” underlying mineralization. Highlights of first 24 Regulus drill holes at AntaKori: • AK-17-001 - 184 m with 1.54% Cu, 1.05 g/t Au and 11.9 g/t Ag (2.4
Slide 16: Geologic Setting: Skarn, Porphyry, Epithermal Styles
Geologic Setting Multiple Events: Skarn, Porphyry, Epithermal Styles www.regulusresources.com TSXV - REG 16
Slide 17: Systematic Drill Out to Depth
Geological Setting Systematic Drill Out to Depth www.regulusresources.com TSXV - REG 17
Slide 18: Commencing Drilling to North
Geological Setting Commencing Drilling to North www.regulusresources.com TSXV - REG 18
Slide 19: What is our plan? Drilling to Expand Resource
What is our plan? Drilling to Expand Resource www.regulusresources.com Starting Point Resource 1 Resource 2 PEA 2014 - Present Early 2019 Early 2020 2020 Project acquired in Updated Interim Updated Resource Preliminary 2014 from Southern Resource Estimate Estimate (R2) Economic Legacy (R1) Assessmen
Slide 20: Add Value by Resource Expansion
What are our goals? Add Value by Resource Expansion www.regulusresources.com US$0.04/lb CuEq C$265MM (US$195MM) US$0.04/lb CuEq = C$2.91/share C$129MM (US$98MM) US$0.019/lb CuEq = *C$1.40/share AntaKori holds 5.1 Blbs CuEq Median price paid of 23 M&A transactions for similar projects from 2010-2018
Slide 21: Deliver Robust Cu-Au Asset into Rising Copper Market
What are our goals? Deliver Robust Cu-Au Asset into Rising Copper Market www.regulusresources.com Early 2019 2019-2020 2020 Updated Interim Continued Drilling to Resource Update Resource Estimation Increase Resource and PEA TSXV - REG 21
Slide 22: Why invest in Regulus?
Why invest in Regulus? Lightening Will Strike Twice! www.regulusresources.com • Successful Team with Proven Track Record • Great Asset in Excellent Jurisdiction • Delivering Undervalued Cu-Au Asset into Rising Copper Market • Well-funded Junior with Access to Capital TSXV - REG 22
Slide 23: Appendix
Appendix www.regulusresources.com - Our strategy continued... - Drilling Figures - Size Potential Antamina Scale TSXV - REG 23
Slide 24: What is our strategy?
What is our strategy? www.regulusresources.com Our focus is here TSXV - REG 24
Slide 25: What was our strategy with Antares?
What was our strategy with Antares? www.regulusresources.com Antares acquired Haquira from Phelps Dodge Corp for $15MM in 2004 and sells to First Quantum for $ 600 MM in 2010 TSXV - REG 25
Slide 26: Regulus' performance: Major Milestones
Regulus’ performance Major Milestones www.regulusresources.com AntaKori Project and REG share price Aldebaran Spin-out 20,000+m Drill Program First Drill $CDN 20,596,000 commences - April 2017 Results Financing @ $1.90 $CDN 14,355,000 Financing @ $1.20 Announcement of MOU Agreements with Coimolache
Slide 27: Drilling to date
Drilling to date www.regulusresources.com TSXV - REG 27
Slide 28: Section L350NW
Section L350NW www.regulusresources.com TSXV - REG 28
Slide 29: Section L650NW
Section L650NW www.regulusresources.com TSXV - REG 29
Slide 30: Section L1050NW
Section L1050NW www.regulusresources.com TSXV - REG 30
Slide 31: Size Potential – Antamina Scale
Size Potential – Antamina Scale www.regulusresources.com Outline of Antamina Cu-Zn Resource TSXV - REG 31
Slide 32: Emerging Cu-Au Discovery in the Land of Peruvian Giants
Emerging Cu-Au Discovery in the www.regulusresources.com Land of Peruvian Giants TSXV-REG Laura Brangwin, Investor Relations laura.brangwin@regulusresources.com www.regulusresources.com Suite 2300, 1177 West Hastings Street, Vancouver, BC, Canada, V6E 2K3 TSXV - REG Tel: (604) 685-6800 32
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