Orecap Invest Corp · TSXV:OCI
Orecap Invest — Orefinders Resources — Investor Presentation (June 2017)
23 slides from Orecap Invest's investor presentation, Jun 12, 2017
Slide 1: Summer 2017 Corporate Presentation
WWW.OREFINDERS.CA | ORX:TSXV Summer 2017 Corporate Presentation
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation contains “forward-looking statements” relating but not limited to the Company’s expectations, plans, intentions and beliefs, under the provisions of Canadian provincial securities laws. Forward-looking information can often be identified by forward- lookin
Slide 3: Directors & Management
Directors & Management Stephen Stewart, M.Sc., MBA – CEO and Director Stephen has over 15 years of experience in the resource and finance industries where he has evaluated and raised capital for natural resource projects. His focus has been on the acquisition, exploration and development of resource
Slide 4: Mirado Gold Project
Mirado Gold Project • Mirado in Kirkland Lake contains three former producing mines, including the South Zone which Orefinders is completing a PEA to put the Open Pit back into production in the near term • In 2017 sold 1,414 oz. of Gold from its bulk sample from the Stockpiles from the Mirado Mine.
Slide 5: Abitibi Major Faults & Deposits
Abitibi Major Faults & Deposits WWW.OREFINDERS.CA | ORX:TSXV 5
Slide 6: Regional Controlling Structure
Regional Controlling Structure Round Lake Dome Batholith Mirado Mine Orefinders Young-Davidson Mine Alamos Juby - Tahoe Minto/Tyrenite Mine - Premet WWW.OREFINDERS.CA | ORX:TSXV 6
Slide 7: Mirado Map
Mirado Map Two Different Styles of Mineralization occur on the Mirado Project which are divided by the Mirado Fault South Zone’s Near Surface High Grade Pyritic stringer/stockwork includes the Open Pit and its Western Extension of the MZ Zone. Mined in the 1980’s. North Zone’s Gold Rich VMS Minerali
Slide 8: Plan View of North, South & MZ Zones
Plan View of North, South & MZ Zones WWW.OREFINDERS.CA | ORX:TSXV 8
Slide 9: North Vs. South Mineralization Style
North Vs. South Mineralization Style WWW.OREFINDERS.CA | ORX:TSXV 9
Slide 10: IP – Conceptual Pit & North Zone Shaft
IP – Conceptual Pit & North Zone Shaft The Mirado Deposit remains open along strike and at depth– no drilling below 300 metres WWW.OREFINDERS.CA | ORX:TSXV 10
Slide 11: South Zone: High Grade Open Pit
South Zone: High Grade Open Pit • Mirado’s South Zone includes the Open Pit which was in production in the 1980’s and operated by Golden Shield • Orefinders priority is to restart the Open Pit utilizing a toll mill in the early years to avoid building a costly & time consuming processing and tailing
Slide 12: North Zone: Au Rich VMS Mineralization
North Zone: Au Rich VMS Mineralization • +9 km of favourable stratigraphy with Multiple Au-rich polymetallic cross-stratigraphic structures • Au-Ag-Zn-Cu horizons identified in drill core are continuous over 400m and extend 300m in depth • Grade from core up to 6.9 g/t Au over 4.30m and 1.5% Zn/5.50
Slide 13: Stockpile Bulk Sample
Stockpile Bulk Sample • Crushed, Shipped and Milled ~24,000 tonnes of resource • Recovered and sold 1,414oz of good delivery gold • Average grade of bulk sample was 2 g/t Au • Resource was milled at IAMGOLD’s Westwood facility • Upgraded road and bridge with all season access for 40 tonne trucks WWW
Slide 14: 2017 Development & Exploration Plan
2017 Development & Exploration Plan Two Drill Programs, An updated Mineral Resource Calculation and a PEA South Zone North Zone • PEA & Updated Resource • Re-assay 2013 drill holes for Calculation in progress, base metals (only gold was expected completion in Summer 2017 completed) • MZ Zone drill c
Slide 15: Metallurgy
Metallurgy • 2017 Metallurgical recoveries from Stockpile Bulk Sample +95% • 2014 Metallurgy Report Completed by SGS Minerals Services averaged 92.9% gold recovery with direct cyanidation • Gold recovery from a combined gravity concentration and flotation was 94.4% • No Deleterious Elements • 1986’s
Slide 16: Environmental Baseline Studies Complete
Environmental Baseline Studies Complete • Closure Plan filed with Ontario’s MNDM in 2016 • $90K Bond on Deposit with Province for site reclamation Stream Gauging Benthic Sampling • Closure Plan will be updated to to include Open Pit Mine Plan Well Monitoring Weather Station WWW.OREFINDERS.CA | ORX:T
Slide 17: First Nations & Community Engagement
First Nations & Community Engagement • First Nations and Métis communication is important to Orefinders with regard future exploration and development of the Mirado Project • Orefinders will continue with its duty to consult with First Nations as needed to enable future exploration and development •
Slide 18: Capital Structure
Capital Structure • Shares Outstanding • 58,713,285 • Fully Diluted Shares Outstanding • 69,043,928 WWW.OREFINDERS.CA | ORX:TSXV 18
Slide 19: Contact Us
Contact Us Stephen Stewart Chief Executive Officer Orefinders Resources Inc. sstewart@orefinders.ca 416.644.1567 Head Office 2500 – 120 Adelaide Street West Toronto, Canada M5H 1T1 WWW.OREFINDERS.CA | ORX:TSXV 19
Slide 20: Appendix
a @OREFINDERS APPENDIX
Slide 21: South Zone Open Pit Drill Highlights (2013)
South Zone Open Pit Drill Highlights (2013) HOLE # INTERVAL GRADE GRADE FROM TO # (m) (g/t Au) cut (g/t Au) uncut (m) (m) MD13-02 26.7 2.42 4.38 33.1 59.8 MD13-05 8.75 5.51 7.5 150 158.75 MD13-12 30.2 4.03 62.8 93 incl. 8.2 10.58 62.8 71 MD13-19 14.5 8.1 77 91.5 MD13-28 31.5 3.05 10.9 18.5 50 MD13-3
Slide 22: North Zone VMS Drill Highlights (2013)
North Zone VMS Drill Highlights (2013) HOLE INTERVAL GRADE FROM TO # (m) (g/t Au) (m) (m) MD13-08 17.5 2.41 73.9 91.4 incl. 3.1 6.68 79.3 82.4 MD13-10 3.7 6.68 12.5 16.2 MD13-10 5.5 4.05 114.8 120.3 MD13-10 19.5 3.65 265.2 284.7 incl. 4.5 6.5 265.2 269.7 and incl. 6 6.32 278.7 284.7 MD13-25 6 6.27 4
Slide 23: Historical Drilling Intersections
Historical Drilling Intersections AMAX Intervals Golden Shield Resources Intervals Hole-ID From To Interval Au (g/t) Section Hole-ID From To Interval Au (g/t) Section 1050-25 55.5 82.5 27 1.82 B-B' 85-01 31.54 68.93 37.39 2.25 B-B' Including 69 80.3 11.3 3.49 B-B' 85-05 41.18 136.64 95.46 1.68 B-B'
Orefinders Resources — Investor Presentation (June 2017) on 6ix