Orosur Mining Inc. · TSXV:OMI
Orosur Mining — Turner Pope Webinar, July 2021
22 slides from Orosur Mining's conference presentation, Jul 14, 2021
Slide 1: Turner Pope Webinar, July 14th 2021
Turner Pope Webinar, July 14th 2021 Orosur Mining SOUTH AMERICAN EXPLORER www.orosur.ca I TSX:OMI / AIM:OMI 1
Slide 2: Disclaimer
Disclaimer This document has been issued by Orosur Mining Inc. (the “Company”). This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall any part of it nor the f
Slide 3: Company in Transition
Company in Transition Today – Anzá, § Funded by Newmont and Colombia Agnico § 33,000m drilled, spectacular results § APTA confirmed as major mineralised Brazil body. § Now looking for the next APTA. Tomorrow – Ariquemes, §Brownfields tin project §Huge land holding Uruguay §LOI stage Yesterday – San
Slide 4: Corporate Snapshot
Corporate Snapshot 12 Month Share Performance Directors and Management Name Position Louis Castro Executive Director 52 week low – 3.15p (intraday 4 July 2020) Brad George Director and CEO 52 week high – 46p (intraday 16 Oct 2021) 1460% rise, trough to peak Thomas Masney Non-Executive Director Capit
Slide 5: Anzá Project
Anza Project irr «xu G Fa A T, © Ns alaalaalanalaabi july
Slide 6: Tenure - Anzá
Tenure - Anzá • Land tenure totals over 200km2 • Comprised of three granted leases and four applications • Includes one exploitation license with associated environmental permit • Tenement package covers 20km of strike of both Tonusco APTA and Aragon faults • Only worked at APTA due to access. • Pro
Slide 7: Joint Venture Details - Anzá
Joint Venture Details - Anzá • Three phase JV with Minera Monte Aguila(MMA) over 12 years to reach 75% • Monte Aguila is 50:50 Agnico:Newmont • US$30m in the ground and $4m paid to OMI • Coming to end of Year 3 – Sept 6th. MMA equity at Phase Year Qualifying Expenditure Payment to OMI end of phase 1
Slide 8: Geology - local
Geology - local • Late Miocene (5.5-10Ma) epithermal gold event • Possibly overprinted on an older VMS system. • Mineralization focused in thick structurally controlled breccia zone. • High grade zones controlled by smaller scale structures. APTA 8
Slide 9: Opportunity – correct the dip
Opportunity – correct the dip Early drilling assumed westerly dip. 9
Slide 10: APTA: Drilling since November 2020
APTA: Drilling since November 2020 • Drilling commenced November 2020 Hole No Interval (m) g/t Au g/t Ag % Zn MAP-072 4.10 6.52 29.74 0.28 • Results from 19 holes 5.90 4.55 2.74 0.30 70.50 3.53 9.33 1.62 released for this phase MAP-073 21.60 6.02 6.00 3.23 MAP-075 4.35 2.53 4.93 12.98 (MAP-072 to 09
Slide 11: Geological controls
Geological controls • Model developing – over 800m in strike, still open. • Multiple thick, high-grade shoots identified – economically key. • Recent drilling to fill in the gaps, especially between southern shoot. • Dilational Jog – more detailed structural analysis required. • Changes our approach
Slide 12: No rush to resource – stick with the plan
No rush to resource – stick with the plan • Plans were timed to match wet season and decision points. • Holes taking twice as long to assay as to drill. • Each hole costs min $50,000 • Drilling to expand APTA, but slowly - aiming for the thick, high-grade zones • Resource conversion is slow and expe
Slide 13: Regional Potential
Regional Potential Regional Potential being revealed • Most drilling focused at APTA due to ease of access. • Detailed mapping and sampling over last few Pepas months at Pupino, moving north to Pepas. La Cejita Pupino • Regional sampling and mapping over applications at Jesuitas La Cejita and Jesuit
Slide 14: Regional Mapping
Regional Mapping • Understand land ownership • Negotiate access • Difficult logistics hampered by wet season. 14
Slide 15: Encouraging Results
Encouraging Results • Untouched ground other than by occasional, local small- scale miners. • But extremely positive results • Mineralized structures being found where we expected to find them. 15
Slide 16: Anzá – Moving Forward
Anzá – Moving Forward Moving into regional phase, while still expanding APTA • APTA proven – makings of a world class field. • Agnico/Newmont exercise option to continue into year 4, starting Sept 7th? • Leave one rig at APTA to define shoots and expand mineralisation until lab turnaround improves.
Slide 17: New Projects – why?
New Projects – why? Exploring New Opportunities Rationale • Because we can - with Anzá fully funded, we have the balance sheet capacity. • Diversify – geographically, geologically and by commodity. • More news flow • Optionality • We have the ability to examine earlier stage projects that other juni
Slide 18: New Projects – how?
New Projects – how? Looking for new projects, harder than it sounds Criteria • Work within balance sheet capacity - no plans for capital raising. • No bargains, but lots of old dogs. • Don’t be trendy. • Lean toward earlier stage - least competitive and easiest to add value. • Zero entry and holding
Slide 19: Ariquemes – ticks the boxes
Ariquemes – ticks the boxes Tin Project in Brazil Ariquemes • Still at LOI stage – finalising JV but terms agreed to move to 75%. • Tin is the unloved Energy Metal, but possibly with the best fundamentals – supply side very fragile. • Price has more than doubled in 12 months. • Huge land holding in
Slide 20: Key Region
Key Region Tin Project in Brazil Ariquemes • Bom Futura one of the worlds largest tin deposits – produced over 200,000t Sn over 30 years, 300,000t from the wider region. • Found by artisinals • Locally owned – no foreign funds and little modern exploration. • Extensive database – drilling, sampling
Slide 21: Summary – keep it simple
Summary – keep it simple Company of Choice A balanced junior • Free carried on potentially world class gold project. • Strong balance sheet - $6m in bank and more coming in. • JV on huge Tin project • More JVs to come? • Dual listed • Focus on assets and results rather than promotion and spin 21
Slide 22: Gracias Obrigado
Gracias Obrigado 22