Orex Minerals Inc. · TSXV:REX
Orex Minerals — Investor Presentation (March 2011)
38 slides from Orex Minerals's investor presentation, March 2011
Slide 1: Orex Minerals Inc. – Gold in Sweden, Gold-Silver in Mexico
Orex Minerals Inc. Gold in Sweden Gold-Silver in Mexico Presentation – November 2010 Orex Minerals Inc. March 2011
Slide 2: People
People A strong technical and management team: Gary Cope – President – 30 years experience in corporate management and strategy. Arranged financing for multiple international mining ventures including St. Phillips Resources , Eaglecrest Exploration, and Orko Silver. Mike Devji – An experienced finan
Slide 3: Capital Structure – March 17, 2011
Capital Structure – March 17, 2011 Primary Listing: TSX Venture Exchange Trading Symbol: REX US OTC Pink Sheets: ORXIF Frankfurt Exchange: OV2N.F Share Structure Issued: 30,653,568 Warrants: ($0.75 and $1.50) 5,776,149 Options: (average price $0.84) 2,016,800 Fully diluted: 38,446,517 52 Week Low/Hi
Slide 4: Share Price History – March 17, 2011
Share Price History – March 17, 2011 4
Slide 5: Barsele Gold Project: Storuman, Sweden
Barsele Gold Project: Storuman, Sweden 5
Slide 6: Main Objective
Objective Main Objective The main objective for the Barsele exploration program is to discover and define a gold deposit in the order of 1.5-2 million ounces of gold or larger. This is a realistic objective as nearby Bjorkdal (Gold-Ore), Faboliden (Lappland Gold) and Svartliden (Dragon Mining) depos
Slide 7: Sweden is a very good place for mining companies
Sweden is a very good place for mining companies • Sweden is one of Europe’s leading producers of metals with a long and successful history of mining • Many international and Swedish companies actively exploring and currently developing mines • Revised mining law in 1992 abolished statutory State ho
Slide 8: Location Map – Barsele Project, Storuman, Sweden
Location Map – Barsele Project Storuman, Sweden 8
Slide 9: Terms of Northland Agreement
Terms of Northland Agreement Orex Terms With Northland Resources S.A. • Northland Resources S.A. receives staged payments of cash and shares Cash Orex Stock Work Commitment Time (US$) (US$ value) (US$) On Signing $2,000,000 Minimum $1,000,000* 1st Anniversary $1,000,000 $500,000 $1,000,000 2nd Anniv
Slide 10: Overview of Barsele Project
Overview of Barsele Project Orex’s Barsele gold and base metal project contains inherent value and excellent potential • Identified value from NI 43-101 compliant resources at Barsele Project – 1,030,000 Oz Au in NI 43-101 compliant resource from Feb 2011 (using 0.6g/t Au cut- off) • Indicated: 382,
Slide 11: Barsele - Current Land Position
Barsele - Current Land Position Orex Minerals Inc. Norra Avan Central - New permits Skiråsen - Permits expired Orex Minerals Inc. Land Position 11
Slide 12: NI 43-101 Resource Estimate – Feb 28, 2011
NI 43-101 Resource Estimate – Feb 28, 2011 Central-Avan-Skiråsen Gold Zones: Indicated Resources of 382,000 oz Au and Inferred Resources of 648,000 oz Au for a total of 1,030,000 oz Au Au Cut-off Resource Au Grade Contained Zone Tonnes (g/t) Category (g/t) Ounces Au Central Indicated 9,530,000 1.20
Slide 13: Barsele 3D view shows three deposits along 2.5 km strike
Barsele 3D view shows three deposits along 2.5 km strike 3D Plan View of Barsele – Avan, Central and PrioritySkiråsen Targets zones Modeled Resource On-Trend Targets Undrilled Area Avan Zone Central Zone 200 m Skiråsen Zone 13
Slide 14: Barsele – Central Zone Cross Section 6600N
Barsele – Central Zone Cross Section 6600N Orex Minerals Inc. 14
Slide 15: Extensive Work Performed To Date
Extensive Work Performed To Date • Geology: • Drilling: – Mineralogical Studies – Barsele: 398 Drill Holes, 43,609 meters – Structural Studies drilled – Trenching – Barsele Central, Avan, Norra, – Core, reject and pulp storage facility on- Nasvattnet and Orrtrasket site – Mapping: • Geochemistry: •
Slide 16: Norra – a Gold-Rich VMS Deposit
Norra – a Gold-Rich VMS Deposit Norra Drilling Highlights • Drilling confirmed gold-rich base Hole No Intercepts (m) Au g/t Ag g/t Cu % Zn % metal deposit similar to other 91-303 91-305 12,00 5,00 8,65 0,78 57,08 48,66 1,03 0,86 2,64 0,34 deposits in the Skellefteå VMS belt 91-308 2,00 2,88 15,30 0,
Slide 17: Barsele – Norra Zone Cross Section
Barsele – Norra Zone Cross Section Orex Minerals Inc. 17
Slide 18: Barsele Planned Exploration
Barsele Planned Exploration • Recovery & Increase of Project Claim Holdings • Airborne Geophysical Survey • Ground Induced Polarization and Magnetic Surveys • Diamond Drilling to Expand Known Zones Both Laterally and Vertically • Diamond Drill Testing of New Anomalous Areas Resultant from Prospectin
Slide 19: Barsele is an advanced gold camp with exploration potential
Barsele is an advanced gold camp with exploration potential in a mine-friendly region. Past operators created a thorough and organized data set. 398 drill holes were completed by previous operators. Over 1 million ounces outlined to date. A renewed exploration will target known areas with Indicated
Slide 20: Barsele - Summary
Barsele - Summary Location = Excellent – Sweden is a stable political jurisdiction with a long history of mining. Land Position = Strong – Right to earn a 100% ownership of a significant mineral concession package. Infrastructure = Excellent – Paved access, rolling topography, electrical power, near
Slide 21: Coneto Gold-Silver Project, Durango, Mexico
Coneto Gold-Silver Project Durango, Mexico 21
Slide 22: Property Location
Property Location MINERALS INC. La Fortun NN \Q re) \ ‘\ eSan Martin ‘XN & (1Sombrerete \Sp eColorada NA \ Fresnillo N LEGEND / ? . . \ (| Zacatecas A 9 OREX Minerals Projects \ e Historic / producing mines x * hy () 100 km N Scale N 22
Slide 23: Project Summary
Project Summary Coneto is a large land package of 18,300 hectares (46,000 acres) covering over 16 km (10 miles) of the mineralized trend. Detailed structural geological mapping and geochemical sampling has been conducted. Over 40 known silver and gold mineralized veins, with very little historic dri
Slide 24: Fresnillo Coneto Project Joint Venture Summary
Fresnillo Coneto Project Joint Venture Summary Fresnillo Exploration Spending Orex Year One $2,000,000 USD Year Two (optional) $2,000,000 USD Year Three (optional) $2,000,000 USD Total Exploration $6,000,000 USD Spending: Mining Concessions NewCo created after 45% ownership $6,000,000 USD in spendin
Slide 25: Coneto – Central Area Veining and Drill Holes
Coneto – Central Area Veining and Drill Holes 2,763,000 N CC-10-19 CC-10-18 CC-10-21 Loma Verde CC-10-20 CC-10-01 CC-10-04 CC-10-06 CC-10-05 CC-10-02 CC-10-03 CC-10-10 CC-10-15 CC-10-11 CC-10-17 CC-10-13, and14 CC-10-16 CC-10-12 Impulsora CC-10-08 CC-10-09 CC-10-07 2010 Drill Hole 25
Slide 26: Loma Verde Vein
Loma Verde Vein In the Loma Verde area, 6 of 7 diamond drill holes exceed the combined minimum thickness and grade cut-offs of > 1.5 m true width and > 100 g/t silver-equivalent. Hole From To Core True Au Ag Ag-Eq Au-Eq Length Width (g/t) (g/t) (g/t) (g/t) CC-10-01 184.10 192.90 8.80 7.21 0.471 165.
Slide 27: Loma Verde – Longitudinal Section and Plan
Loma Verde – Longitudinal Section and Plan S Sección viendo al Oeste N SE Sección viendo al S80°W NW Tiro Orcadeña 2000 m 2000 m Underground Workings LV-72-1 CC-10-19 1900 m CC-10-21 1900 m CC-10-20 CC-10-18 CC-10-01 CC-10-03 1800 m Potencial Geológico 1800 m 0 200 m CC-10-02 Scale 2,762,500E 2,761,
Slide 28: Impulsora Vein
Impulsora Vein In the Impulsora area, 3 of 4 diamond drill holes exceed the combined minimum thickness and grade cut-offs of > 1.5 m true width and > 100 g/t silver-equivalent. Hole From To Core True Au Ag Ag-Eq Au-Eq Length Width (g/t) (g/t) (g/t) (g/t) CC-10-11 93.00 94.70 1.70 1.54 0.658 74.0 113
Slide 29: Impulsora - Longitudinal Section and Plan
Impulsora - Longitudinal Section and Plan NW Sección viendo al N60°E SE Intersección de las vetas Promontorio Impulosra e Riolita Mina Impulsora Impulsora Intermedia 1900 m Nivel Impulsora 1900 m Andesita CC-10-11 CC-10-12 Potencial Geológico Magnética CC-10-13 1800 m 1800 m CC-10-14 Andesita 1700 m
Slide 30: Coneto Highlights
Coneto Highlights Location = Excellent – Mexico is a stable political jurisdiction with a long history of mining. Land Position = Strong – 100% ownership of a significant mineral concession package. Infrastructure = Excellent – Paved access, rolling topography, electrical power, nearby village for w
Slide 31: Las Mesas Gold-Silver Project, Durango, Mexico
Las Mesas Gold-Silver Project Durango, Mexico 31
Slide 32: Overview of Las Mesas Project
Overview of Las Mesas Project Las Mesas is a grassroots exploration project, with strong multi- element pathfinder anomalies for epithermal gold-silver deposits, located in northern Durango State, Mexico. It is on the eastern margin of the Sierra Madre Occidental mountains, Mesa Central, in the prol
Slide 33: Main Objective
Objective Main Objective The main objective for Las Mesas exploration program is to discover and define a silver-gold deposit in the order of 100 million ounces of silver (2 million ounces of gold) or larger. This is a realistic objective as neighbouring La Preciosa and La Pitarrilla deposits exceed
Slide 34: Las Mesas – Exploration Target Areas
Las Mesas – Exploration Target Areas 445,000 E 465,000 E 475,000 E 455,000 E Santa Cruz 2,840,000 N 2,840,000 N El Picacho Area Primero de Mayo 2,830,000 N 2,830,000 N El Vergel Las Mesas La Peña 2,820,000 N 2,820,000 N 34
Slide 35: Las Mesas Geology
Las Mesas Geology Area of geochemical anomaly (As, Sb, Hg) 35
Slide 36: Las Mesas - Summary
Las Mesas - Summary Location = Excellent – Mexico is a mining-friendly jurisdiction with a long history of mining. Land Position = Strong – 100% ownership of a significant mineral concession package. Infrastructure = Excellent – Paved and gravel access roads, rolling topography, nearby village for w
Slide 37: Forward-Looking Statements
Forward-Looking Statements Canadian listed companies are required to make an announcement: This presentation of Orex Minerals Inc. (the “Company”) contains “forward-looking information” within the meaning of the United States “Private Securities Litigation Reform Act of 1995” and applicable Canadian
Slide 38: Contact Information
Contact Information Orex Minerals Inc. 1180 - 999 West Hastings Street Vancouver, B.C. Canada V6C 2W2 Phone: +1.604.687.6310 Fax: +1.604.687.6365 Email: info@orexminerals.com Web: www.orexminerals.com 38