Salazar Resources Limited · TSXV:SRL
Salazar Resources — Corporate Update (October 2021)
23 slides from Salazar Resources's corporate update, October 2021
Slide 1: Using El Domo as the Springboard to Find the Next Great Deposit in Ecuador
USING EL DOMO AS THE SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR Q4 2021 ACT RESPONSIBLY FIND ORE CREATE VALUE
Slide 2: Disclaimer
SLIDE 2 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR DISCLAIMER FORWARD-LOOKING INFORMATION SCIENTIFIC AND TECHNICAL Certain of the information and statements contained in this presentation constitute “forward-looking information” within the meani
Slide 3: 45% of Primary Copper Supply Is from Chile and Peru
SLIDE 3 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR 45% OF PRIMARY COPPER SUPPLY* IS FROM CHILE AND PERU ECUADOR IS THE NEW FRONTIER FOR SPECTACULAR DEPOSIT DISCOVERIES VMS / Porphyry Mirador Polymetallic Cascabel El Domo Warintza La Plata Epithe
Slide 4: VMS Deposits Occur in Clusters
SLIDE 4 VMS* DEPOSITS OCCUR IN CLUSTERS FIRST OREBODY FOUND AT CURIPAMBA – EL DOMO VMS deposits are found worldwide, and often form in clusters, following the NEVES CORVO tectonic plate boundaries in 100+ Mt BATHURST NO.12 MINE 100+ Mt areas of ancient underwater volcanic activity FLIN FLON MINE 60
Slide 5: All Eyes on Ecuador
SLIDE 5 ALL EYES ON ECUADOR: RELATIVELY UNDEREXPLORED, GEOLOGICALLY FERTILE, YIELDING DISCOVERIES • USD currency: Foreign Direct Investment / Export Earnings vital • President Lasso sees mining industry as strategically important • Executive Decree #151 sets strong development agenda
Slide 6: Board and Management
SLIDE 6 BOARD AND MANAGEMENT 40 YEARS IN-COUNTRY Fredy E. Salazar, Merlin Marr-Johnson Pablo Acosta Nick DeMare Etienne Walter President Executive Vice President, CFO Non-Executive Non-Executive and CEO Corporate Secretary Director Director Freddy D. Salazar ‘Pacho’ Soria Carlos Aguila Mary Gilzean
Slide 7: Proudly Ecuadorian
SLIDE 7 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR PROUDLY ECUADORIAN MAKE POSITIVE CHANGE BY DISCOVERING, DE-RISKING AND DEFINING COMMERCIAL DEPOSITS EXPERTISE Stellar discovery track record NETWORK Unparalleled access to deals and new properti
Slide 8: Ecuador: Our People, Our Country
SLIDE 8 ECUADOR: OUR PEOPLE, OUR COUNTRY ‐ Permanent partners ‐ Mutual respect ‐ Communication is key ‐ Many (ex-)colleagues ‐ Our special skill – we succeed ‐ A-political contacts where others fail Federal, Regional, Local Local ‐ Chamber of Mines, Government Community Ecuador Decades of representa
Slide 9: Salazar Resources Project Portfolio
SLIDE 9 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR SALAZAR RESOURCES PROJECT PORTFOLIO PACKED WITH COPPER-GOLD EXPLORATION LEVERAGE RUMIÑAHUI CURIPAMBA Cu-Au Porphyry Target – EL DOMO Drilling Q4 2021 VMS Deposit Feasibility Study 2021 LOS SANTO
Slide 10: 100% Portfolio Drilling: Rumiñahui, Q4
SLIDE 10 100% PORTFOLIO DRILLING RUMIÑAHUI, Q4 250 metres 10010400 High grade gold stockwork on major structure N • Mapped by Fredy Salazar in mid-1990s 10010200 • 15 years of dialogue and community liaison • Employment, agri-environment programs • Rain-water capture 10010000 On trend with major por
Slide 11: El Potro Is Unexplored
SLIDE 11 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR EL POTRO IS UNEXPLORED A LOCAL NETWORK FIND DRILLING 2022 MINED FOR ARTISANAL GOLD M54322: 3m @ 9.0 g/t Au EL POTRO M54321: 3m @ 26.6 g/t Au Lithocap sampling, EL POTRO El Potro New discovery,
Slide 12: El Domo, Curipamba: Fast-Track to Production
SLIDE 12 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR EL DOMO, CURIPAMBA: FAST-TRACK TO PRODUCTION Curipamba Project El Domo Deposit Feasibility Study 2021 (Q4) Permitting & 2022 Financing 2023 Construction & Development • Grass roots VMS discover
Slide 13: Peer-Leading on a Standalone Basis, El Domo Is Rich, Shallow and Accessible
SLIDE 13 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR PEER-LEADING ON A STANDALONE BASIS, EL DOMO IS RICH, SHALLOW AND ACCESSIBLE Cu eq.* Company VMS Deposit(s) Grade (%) CapEx Simple infrastructure Sandfire Resources DeGrussa / Monty 5.82% $416/t
Slide 14: New Discovery at Agua Santa, Curipamba
SLIDE 14 NEW DISCOVERY AT AGUA SANTA, CURIPAMBA RESTARTED EXPLORATION TO TEST ‘CLUSTER’ THESIS HITS MASSIVE SULPHIDE VMS expert Jim Franklin* estimates Curipamba to host: • 30-50 Mt in total • At least one >20Mt orebody EXPLORATION DRILL HOLE CREG-008 • 6.3 m @ 1.8% Cu, 1.5 g/t Au, 7.5% Zn • Multipl
Slide 15: Value from Ongoing El Domo Development
SLIDE 15 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR VALUE FROM ONGOING EL DOMO DEVELOPMENT SALAZAR RESOURCES IS GEARED TO METAL PRICES AND EXPLORATION SUCCESS HIGH VALUE PRE-DISCOVERY DISCOVERY STUDY PHASE BUILD OPERATION EL DOMO “I’m backing Fr
Slide 16: Capital Structure
SLIDE 16 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR CAPITAL STRUCTURE Consolidation Ahead of Drill Results, Feasibility, Permitting Strong Shareholder Register 0.45 0.4 0.35 0.3 Other 0.25 Salazar Family 40.0% 0.2 22.0% 0.15 0.1 0.05 0 Director/
Slide 17: Investment Case Encapsulates Core Beliefs: Act Responsibly – Find Ore – Create Value
SLIDE 17 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR INVESTMENT CASE ENCAPSULATES CORE BELIEFS: ACT RESPONSIBLY – FIND ORE – CREATE VALUE Shares underpinned by El Domo Exploration We Are Upside: Ecuador Ecuadorian is Highly Prospective NEW 25% of
Slide 18: Appendices
SLIDE 18 APPENDICES www.salazarresources.com
Slide 19: Compelling Supply/Demand Fundamentals: Copper and Gold
SLIDE 19 COMPELLING SUPPLY/DEMAND FUNDAMENTALS COPPER AND GOLD Population 7 B to 8 B by 2050, an emerging middle Inflation is current and real class and the decline of absolute poverty Energy Transition and the quest All major economies printing money for Zero Carbon simultaneously – the Covid Effec
Slide 20: Rumiñahui
SLIDE 20 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR RUMIÑAHUI DRILLING Q4 Project Area Geological Map San Francisco Anomaly Sampling Map RUMIÑAHUI 10012000 10011500 10011000 10010500 10010000 10009500 10009000 RUMIÑAHUI 10008500 Cu-Au Porphyry 1
Slide 21: Los Santos
SLIDE 21 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR LOS SANTOS DRILLING Q4 Osos/Santos Project Area LOS SANTOS LOS SANTOS 2 1 LOS SANTOS Au-Cu potential Mining Concession Owner Salazar Lumina Gold Challenger Exploration Private
Slide 22: Additional Information
SLIDE 22 SALAZAR RESOURCES LTD. | USING EL DOMO AS A SPRINGBOARD TO FIND THE NEXT GREAT DEPOSIT IN ECUADOR ADDITIONAL INFORMATION Salazar Resources Drilling Subsidiary Perforaciones Andesdrill S.A has 4 Rigs and is Active Across the Portfolio Adventus Salazar Mining JV Income Resources 100% (SRL 20%
Slide 23: Contact Information
SLIDE 23 CONTACT INFORMATION Company Head Office 1305-1090 W. Georgia Street Vancouver, BC, Canada, V6E 3V7 +1 604-685-9316 fsalazar@salazarresources.com merlin@salazarresources.com www.salazarresources.com