Aurania Resources Ltd. · TSXV:ARU
Aurania Resources — Shareholder Meeting (June 2019)
32 slides from Aurania Resources's shareholder meeting presentation, Jun 20, 2019
Slide 1: 2019 Annual & Special Meeting Operations Update
2019 Annual & Special Meeting Operations Update Richard Spencer on behalf of Board & Management June 20, 2019
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: Report to Shareholders
Report to Shareholders - People - Jurisdiction - Exploration update: - Plans June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 3
Slide 4: Your Board
Your Board Keith Barron Leanne Baker Warren Gilman Ph.D. Ph.D., MBA B.Sc., MBA, CEO and Chairman Independent Director Independent Director Jonathan Kagan Alfred Lenarciak Richard Spencer M.A., A.B. B.Eng, M.Sc Ph.D., P.Geo., C.Geol. Independent Director Independent Director President and Director Ju
Slide 5: Thanks to Outgoing Team Members
Thanks to Outgoing Team Members Board: Elaine Ellingham Gerald Harper Marvin Kaiser M.Sc., MBA, P.Geo. Ph.D., P.Geo. B.Sc, CPA Management: Donna McLean, B.A, CFO June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 5
Slide 6: Management
Management Keith Barron, Ph.D Richard Spencer, Ph.D CEO President Tony Wood, B.Sc, CA Claudia Fierro-Renoy, B.BA CFO Ecuador Admin Manager Ana Noriega, B.A, B.F Jean Paul Pallier, M.Sc., EurGeol. Financial controller VP-Exploration Carolyn Muir, B.Sc. Monica Ospina, M.Sc Manager, Investor Services H
Slide 7: Report to Shareholders
Report to Shareholders - People - Jurisdiction - Exploration update: - Plans June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 7
Slide 8: Ecuador as a Jurisdiction
Ecuador as a Jurisdiction Exploration Hotspot 1 7 2 8 6/4 1 3 9 ECUADOR 4 IN COUNTRY 3 2 5 8 7/4 5/9 Mirador Copper 5 6 FDN Gold June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 8
Slide 9: Ecuador as a Jurisdiction
Ecuador as a Jurisdiction Forecast: Annual supply deficit by 2028 estimated to be 10x annual output of Escondida (world’s largest copper mine) (Wood Mackenzie) Image courtesy of BHP June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 9
Slide 10: Ecuador as a Jurisdiction
Ecuador as a Jurisdiction • Constitutional court decision pending: whether to allow local veto of development projects (anything, not just mining). • • Articles 261 & 313 of the Constitution is clear: “The State reserves the right to administer, regulate, control & manage the strategic sectors, amon
Slide 11: Ecuador's Mining Policy Strengthened
Ecuador’s Mining Policy Strengthened June 5, 2019 Responsible Mining as § Stimulant for sustainable development Driver of Economy § Target - Contribute 4% of GDP by 2021, up from 1.5% in 2018 Tax Regime § Tax exemptions to attract investment § (Windfall tax abolished mid-2018) Process Simplification
Slide 12: ESG: Community (Social) Engagement
ESG: Community (Social) Engagement Request Formalize access access agreements June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 12
Slide 13: ESG: Adult Ed & Sustainable Development
ESG: Adult Ed & Sustainable Development Community ARU Ministry of Agriculture Agriculture by example: • Community selects area to be developed • Ministry of Agriculture provides hand-on training • Community tests which nutritional & cash crops have best production Pitahaya aka Dragon Fruit Sacha Inc
Slide 14: ESG: Nutrition & Sustainable Development
ESG: Nutrition & Sustainable Development Community Ministry of Agriculture ARU Sacha Inchi Nuts Indigenous to Cutucu Range, 6 months from planting to first fruit • 27% protein (same as peanut) • 8 essential amino acids • Highest level of Omega 3’s of plant-based • Vitamins A, E oils (17x that of sal
Slide 15: ESG: Youth Education
ESG: Youth Education Community Ministry of Education ARU / Foundations Community asked Government to re-open school in Unnt Suants Working with foundations to find ways of improving youth education June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 15
Slide 16: ESG: Environment – minimizing impact
ESG: Environment – minimizing impact ARU Ministry of Environment Community • Minimizing erosion; Pasture Indigenous forest • Restoration of impacted areas: • Communities collect & germinate seeds of indigenous species; • Communities manage the restoration Crunchy Hill drill Drill access platform 1 r
Slide 17: Report to Shareholders
Report to Shareholders - People - Jurisdiction - Exploration update: - Lost Cities – gold - Epithermals – gold-silver - Copper (gold?) porphyries - Silver-lead-zinc mantos - Sedimentary-hosted copper-silver - Plans June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 17
Slide 18: Historic Area Today
Historic Area Today 2018 MAP 1584 MAP UPANO RIVER June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 18
Slide 19: Area Covered in Recon
Area Covered in Recon 2018 MAP 1584 MAP UPANO RIVER June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 19
Slide 20: Epithermal Targets (Gold-Silver)
Epithermal Targets (Gold-Silver) 17 Epithermal targets for Gold-Silver Epithermal Target Ranking • Scout drilling completed on 1 target (Crunchy Hill) • 10 epithermal targets ranked for scout drilling; 7 • Scout drilling due on 1st of 4 targets 6 at Yawi; 9 • Water-use permits: o application made fo
Slide 21: Epithermals: Crunchy Hill System
Epithermals: Crunchy Hill System • Scout drilling: 9 holes drilled for 3,204m • Epithermal system confirmed June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 21
Slide 22: Epithermals - Yawi
Epithermals - Yawi: Target Proposed drill holes June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 22
Slide 23: Copper (plus Silver-Lead-Zinc) Targets
Copper (plus Silver-Lead-Zinc) Targets Aeromagnetics Awacha Porphyry targets 15k Shimpia m Manto silver- lead-zinc targets Jempe Tsenken Kirus June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 23
Slide 24: Porphyry Copper – (Gold)
Porphyry Copper – (Gold) Exploration Concept 4 targets identified: • Awacha • Jempe • Tsenken • Kirus June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 24
Slide 25: Manto Silver-Lead-Zinc
Manto Silver-Lead-Zinc Exploration Concept Shimpia target: mineralization over 15km trend June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 25
Slide 26: Sediment-hosted copper-silver
Sediment-hosted copper-silver Exploration Concept Copper-silver Reducing Beds Red Beds June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 26
Slide 27: Copper Targets
Copper Targets Reconnaissance sampling Sedimentary copper over 22km Porphyry targets • Outcrop • 18 samples >1% copper • Average grade: Manto silver- • 4.4% copper lead-zinc • 51g/t silver targets • Boulders in streams • 53 samples • 3.9% copper Jempe • 48g/t silver Tsenken 22km Sedimentary copper t
Slide 28: Report to Shareholders
Report to Shareholders - People - Jurisdiction - Exploration update: - Plans June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 28
Slide 29: Plans
Plans • Complete regional exploration: • Prioritize land that can be dropped – reduce concession size & annual payment; • Prioritize targets: – Scout drilling on epithermal gold- silver targets (after geophysics); – Deploy 2nd scout drill rig on sedimentary copper-silver; • Historic targets (Logrono
Slide 30: The Opportunity
The Opportunity § Ecuador - an exploration hot spot § Management & Board aligned with shareholders (own 57% of shares) § Experienced team: gold & copper discoveries along trend in southern Ecuador § Multi target, multi-commodity potential § Committed to best practice on environment, social & governa
Slide 31: Contact
Contact Corporate Office Social Media 36 Toronto Street, Suite 1050 @AuraniaLtd Toronto, ON M5C 2C5, Canada (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 Tony Wo
Slide 32: Sediment-hosted Copper
Sediment-hosted Copper Exploration concept VERTICAL SECTION SHOWING KEY CONCEPTS IN THE FORMATION OF “SEDIMENT-HOSTED” COPPER DEPOSITS June 20, 2019 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 32