Orex Minerals Inc. · TSXV:REX
Orex Minerals — Investor Presentation (October 2014)
36 slides from Orex Minerals's investor presentation, October 2014
Slide 1: Sweden – Mexico – Canada
SWEDEN - MEXICO - CANADA GOLD –SILVER – COPPER - EXPLORATION SWEDEN – MEXICO – CANADA October 2014 1
Slide 2: Forward Looking Statements
Forward Looking Statements 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 securities legislation. Statements containing forward-looking i
Slide 3: It Takes a Team
It Takes a Team Gary Cope President, Director Ben Whiting, M.Sc., P.Geo. Vice President Exploration Art Freeze, P.Geo. Director & Technical Advisor Dale Brittliffe, P.Geo. Technical Advisor Photo (left to right): George Cavey, P.Geo Ben Whiting, Gary Cope, George Cavey, Art Freeze Advisor to Board O
Slide 4: Capital Structure
Capital Structure Current as of October 28, 2014 Share Structure Issued 97,042,199 Warrants (avg. price $0.31) 13,374,180 Options (avg. price $0.54) 5,459,000 Avg. Daily Vol. (12 Wks) 193,721 Agent’s Options ($0.25) 1,286,180 52-Week High $0.43 Fully Diluted Shares 117,161,559 52-Week Low $0.19 Pric
Slide 5: Project Portfolio
Project Portfolio CANADA SWEDEN Gold - Copper Gold and Polymetallic MEXICO Gold - Silver - Copper 5
Slide 6: Barsele Gold Project
Barsele Gold Project 100% ownership of 32,709 hectares (80,826 acres) of mineral concessions Storuman Västerbottens Län SWEDEN 6
Slide 7: Barsele Gold Project
Barsele Gold Project MINERALS INC. \ SWEDEN Vasterbottens Lan 4 Wargbiicker® Sg Fa -——\ prom \Svartliden \ \. Faboliden LEGEND * OREX Minerals Project e VMS Deposits —————— Gold Deposits 7
Slide 8: Barsele Gold Project
Barsele Gold Project Located 600 km N of Stockholm Orex has 100% Ownership Property is set in midst of the Fennoscandian Shield Host rocks part of prolific Proterozoic “Skellefte Trend”, where it meets ‘Gold Line’ of Sweden In the area with major producers and past producers Boliden, Krist
Slide 9: Barsele Gold Project – Phase-I Diamond Drill Results
Barsele Gold Project Phase-I Diamond Drill Results Central Zone – Select Drill Intercepts Core Au From To Hole Length (g/t) (m) (m) (m) Au-AA26 11CNT001 16.75 292.30 275.55 0.81 includes 35.40 234.30 198.90 1.07 11CNT002 29.65 320.40 290.75 0.92 includes 165.30 234.40 69.10 1.81 11CNT004 41.00 393.3
Slide 10: Barsele Gold Project – Central Zone Cross-Section
Barsele Gold Project Central Zone Cross-Section 10
Slide 11: NI 43-101 Resource Estimate – Nov. 5, 2012
NI 43-101 Resource Estimate – Nov. 5, 2012 Au Cut-off Resource Au Grade Contained Zone Tonnes (g/t) Category (g/t) oz Au Central-Avan- Central Indicated 13,610,000 1.22 532,000 Skiråsen Gold Zones Central-Skiråsen Inferred 9,840,000 1.08 340,000 Indicated Resources: Indicated 490,000 0.97 15,000 547
Slide 12: Barsele – Multiple Targets
Barsele – Multiple Targets 12
Slide 13: Barsele Gold Project – Exploration Objectives
Barsele Gold Project Exploration Objectives Orex is exploring for a target deposit size of more than 1.5 – 2 million oz of gold. Phase-I Drill Program 6,200 m completed Prospecting, Mapping, 16 Holes in Central Sampling & Geophysics Zone, plus 4 Holes in Avan Zone Environmental Phase-II Studies & Ne
Slide 14: Coneto Silver-Gold Project
Coneto Silver-Gold Project 100% ownership of 15,700 hectares (38,800 acres) of mineral concessions Coneto de Comonfort Durango State 14 MEXICO
Slide 15: Coneto Silver-Gold Project
Coneto Silver-Gold Project 15
Slide 16: Coneto Silver-Gold Project
Coneto Silver-Gold Project In the heart of the “Mexican Silver Trend” which hosts some of world's largest silver deposits: Fresnillo Guanajuato La Pitarrilla La Preciosa Real de Angeles Zacatecas Located 100 km N of city of Durango, Mexico Coneto Mining Camp has over 450 years of m
Slide 17: Coneto – Fresnillo PLC Association Agreement Summary
Coneto Silver-Gold Project Fresnillo PLC Association Agreement Summary Fresnillo PLC has right to Orex contributes Joint Phase-II Diamond increase NewCo ownership after Fresnillo PLC Management Drill Program to 70% by advancing meets 70% Exploration Completed in Coneto Project to requirement Program
Slide 18: Coneto – Phases I & II Diamond Drill Results
Coneto Silver-Gold Project Phases-I & II Diamond Drill Results Select Drill Intercepts Core True From To Au Ag Ag-Eq Hole Vein Length Width (m) (m) (g/t) (g/t) (g/t) (m) (m) CC-10-01 Loma Verde 184.10 192.90 8.80 7.72 0.47 165 193 Incl. 188.70 192.40 3.70 3.03 0.45 265 292 CC-10-12 Impulsora 109.40
Slide 19: Coneto – Diamond Drill Core: Oxide Mineralization
Coneto – Diamond Drill Core Oxide Mineralization 19
Slide 20: Coneto – Diamond Drill Core: Sulphide Mineralization
Coneto – Diamond Drill Core Sulphide Mineralization Hole BCO-11 – Sample # 324423 Au = 38.3 g/t – Ag = 4,990 g/t Cu = 1.39 % – Pb = 2.51 % – Zn = 3.51 % 20
Slide 21: Coneto – Exploration Objectives
Coneto Silver-Gold Project Exploration Objectives Target size = > 100 million oz of silver equivalent Phase-I Phase-II Phase-III Completed Completed Ongoing 5,000 metres 21 Holes on 12,000 metres 31 holes on 8 targets 10,800 metres 28 holes 7 targets 21
Slide 22: Los Crestones Gold-Silver-Copper Project
Los Crestones Gold-Silver-Copper Project Option to Purchase 100% of Los Crestones Property in Sierra Madre Occidental – within the Gold-Silver Trend of Western Mexico Located near Surutato, 100 km N of city of Culiacan, Sinaloa State, Mexico 22
Slide 23: Los Crestones Gold-Silver-Copper Project
Los Crestones Gold-Silver-Copper Project 23
Slide 24: Los Crestones Gold-Silver-Copper Project
Los Crestones Gold-Silver-Copper Project Earning 100% over four years for total US$750,000 ($445,000 remaining) vendors retain 0.5% NSR Mineral Claims Totalling 4,168 hectares (10,670 acres) Porphyry and Vein-Hosted Gold-Silver-Copper Targets 24
Slide 25: Los Crestones – Prospective Geological Setting
Los Crestones Gold-Silver-Copper Project Prospective Geological Setting 25
Slide 26: Los Crestones – Diamond Drilling
Los Crestones Gold-Silver-Copper Project Diamond Drilling Completed 2,800 metres in 18 holes from 7 pads tested outcropping mineralized structures 26
Slide 27: Los Crestones – Gold, Silver, Copper Mineralization
Los Crestones Gold-Silver-Copper Project Gold, Silver, Copper Mineralization Core True From To Au Ag Cu Hole Vein Length Width (m) (m) (g/t) (g/t) (%) (m) (m) 11LD-006 Indio 138.15 141.24 3.09 2.18 0.14 479 3.50 Incl. 138.15 139.24 1.09 0.77 0.24 1,230 8.91 11LD-008 Indio 73.05 75.54 2.49 1.76 20.40
Slide 28: Los Crestones – Ongoing Exploration
Los Crestones Gold-Silver-Copper Project Ongoing Exploration Initial Target = 1 million oz of gold equivalent COMPLETED Initial Reconnaissance Geochemistry Phase-I Diamond Drilling Program CURRENT EXPLORATION PROGRAM Property Wide Mapping and Prospecting Surface I.P. Geophysics Phase-II Diamond Dril
Slide 29: Jumping Josephine Gold Project
Jumping Josephine Gold Project 100% ownership of 11,200 hectares (28,700 acres) in the West Kootenay Region, Southwestern BC, Canada 29
Slide 30: Jumping Josephine Gold Project
Jumping Josephine Gold Project 40 km North of Teck’s Smelting Operations in Trail, BC. Easy All Weather Road Access - Bisected by the Paved Highway 3 Moderate Terrain, Low Exploration Costs 30
Slide 31: Jumping Josephine Gold Project
Jumping Josephine Gold Project Quartz Gold Drilling to date has identified a NI 43-101- Pyrite compliant resource estimate (using a cut-off of 0.5 g/t Au) that has defined 34,000 ounces of gold indicated (363,000 tonnes grading 2.95 g/t Sphalerite Au) and 30,000 ounces of gold inferred (448,000 Pyri
Slide 32: Jumping Josephine Gold Project
Jumping Josephine Gold Project • JJ Main structure hosts stockwork veining – widths up to 12.4m true width, 43-101 resource defined over 400m strike, open at depth • Cedar zone drilling returns results including 1m of 3.17g/t Au and 138g/t Ag and 1.2m of 3.39g/t Au and 284g/t Ag during 2010 drilling
Slide 33: Jumping Josephine – Diamond Drilling Highlights
Jumping Josephine Gold Project Diamond Drilling Highlights Core True From To Au Ag Au-Eq Hole Vein Length Width (m) (m) (g/t) (g/t) (g/t) (m) (m) 07JD001 JJ Main 6.00 16.00 10.00 9.06 10.0 14 10.2 incl 7.00 9.00 2.00 1.81 42.6 57 43.6 07JD013 JJ Main 46.00 65.00 19.00 12.21 7.0 9 7.2 incl 48.00 50.0
Slide 34: Jumping Josephine – Ongoing Exploration
Jumping Josephine Gold Project Ongoing Exploration Initial Target = 500,000 oz of Gold in Southern British Columbia COMPLETED 5,000 Point Surface Geochemistry Survey 140 Diamond Drill Holes Airborne Magnetic and EM Survey Initial I.P. ground geophysics Survey Initial 43-101 compliant resource CURREN
Slide 35: Orex Advantages
Orex Advantages Orex has Four Projects in Three Mining Friendly Jurisdictions Barsele has 2 types of mineralization and an advanced resource: Orogenic Gold Deposits at surface – NI 43-101 Resource Volcanogenic Massive Sulphides (VMS) polymetallic deposits Coneto has a Joint Venture with silv
Slide 36: Contact Information
Contact Information Orex Minerals Inc. Suite 1130 - 1055 W. Hastings Street Vancouver, BC Canada V6E 2E9 (604) 687-8566 (604) 687-6365 info@orexminerals.com www.orexminerals.com 36