CORPORATE PRESENTATION FEBRUARY 2017
Forward Looking Statements This presentation is strictly confidential and must not be copied, distributed, circulated or disseminated without the express written consent of the Corporation. This presentation does not constitute an “offering memorandum” as such term is defined under Canadian securities legislation and confers no statutory, contractual or other similar rights of rescission or other action or remedy to any recipient under securities legislation in Canada, the United States or other jurisdiction for misrepresentation or otherwise. No securities are being offered for sale hereunder. This document does not provide full disclosure of all material facts relating to the securities offered. Readers must conduct their own analysis and review of the Corporation and of the information contained in this presentation and must contact their own professional advisors. This presentation contains “forward ‑ looking information”. Forward ‑ looking information includes, without limitation, statements regarding macroeconomic factors, future demand and supply dynamics for lithium, production and development forecasts and timelines, mineral resource estimates, future lithium prices, solutions to past problems, valuations, capital and operating expenditures, ability to obtain financing, currency exchange rates, government regulation of mining operations, and environmental risks. In general, forward ‑ looking information can be identified by the use of forward ‑ looking terminology such as “plans”, “expects” or “does not expect”, “projects”, “forecasts”, “budget”, “estimates”, “schedule”, “intends”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Some of the specific forward ‑ looking information herein includes <>. The forward ‑ looking information is based upon factors and assumptions the Company believes is reasonable based on information currently available to them. Forward ‑ looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance of the Corporation to differ from forward ‑ looking information. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward ‑ looking information. The Corporation does not undertake to update any forward ‑ looking information, except as required under applicable securities laws. These materials may contain inaccuracies or typographical errors. The Corporation shall not be responsible for any errors or omissions contained in these materials and do not guarantee the accuracy, completeness or timeliness of the information contained herein. Jamie Lavigne, M.Sc. P.Geo.., who is a qualified person under National Instrument 43-101 and is independent of the Corporation, has reviewed the scientific and technical information related to geology and exploration in this presentation. ¡ Pg. 2
Colibri Resource Corp. at a Glance Quick Facts Trades: TSX.V: CBI | FSE: 2CO o Property Portfolio Focused on Sonora, Mexico o Led by Management Team who have Built and Put Mines into Production December 16, 2016: o Colibri Resource Corp. Corporate Structure Signs LOI to Acquire All Shares of Canadian Gold British Columbia Corporation o Resources Ltd. ¡ Based in Moncton New Brunswick o ¡ Mexican Subsidiary Owning the Pilar Gold (100%), Minera Bestep S.A. de C.V. o ¡ Mexican Subsidiary Owning Colibri (Pitaya) Joint Venture with Agnico-Eagle (41%) and Evelyn o Transac'on ¡Currently ¡ Project (100%), Minera Halcones S.A de C.V Pending ¡TSX-‑V ¡ Approval. ¡ ¡ Key Projects Flagship Project: Joint Venture Project: Early Stage Project: The Pilar Gold Property The Pitaya Gold Property The Evelyn Gold Property ¡ ¡ ¡ EVL VLN ¡ Pg. 3
Flagship Property: The Pilar Gold Project Acquisition Structure (Pending TSX-V Approval) December 16, 2016: Colibri Signs LOI to acquire all shares of Canadian Gold Resources Ltd.. o Colibri will issue 24,242,424 common shares (for a total of $4,000,000) to CGR. o CGR owns 100% of the right, title and interest in Minera Bestep S.A. de C.V. (“Bestep”), a private o Mexican company. Bestep holds 100% of the right, title and interest in the Pilar Gold Project (“Pilar Property”) and the o Sun Project. Both properties are near Suaqui Grande, Sonora, Mexico and neither properties are subject to any o royalties or encumbrances. Focus Property The Pilar Gold Property Locatin Near Hermosillo, Sonora (2.5 Hour Driving Distance) Development Stage Advanced Exploration Metals Gold with Silver Credit Deposit Type Open-pit, Heap Leach Potential, Highly Oxidized, In Volcanics Going Forward Private Placement, Resource Calculation Drilling, Preliminary Economic Assessment Pg. 4
Share Structure Current CBI Shares Outstanding Shares outstanding (pre-transaction) 10,282,915 - Trading Halted at 16.5 Cents on December 16, 2016 Additional Shares to be Issued New Shares Issued to Acquire CGR (upon transaction close) 24,242,424 ¡ ¡ Post CBI & CGR Transaction Close Total Shares Outstanding (post-transaction close) 34,525,339 ¡ Warrants: 1,600,000 @ 7.5c until April 29, 2017 @ 8.5c until April 29, 2018 500,000 @ 15c until June 30, 2018 2,667,166 @ 25c until Nov 3, 2018 205,373 @ 25c until Nov 3, 2018 (broker warrants) Options: 60,000 @ $2.10 until April 17, 2017 550,000 @ 15c until June 15, 2026 Pg. 5
Leadership Team Management experienced in Sonora, epithermal gold deposits and putting mines into production. Ed Stringer President and 50 Years in the Mineral Exploration Business; Exploration CEO Driller Ronald Director and Founder and Former Chairman of Major Drilling International Goguen, Sr. Chairman (TSX: MDI) and Beaver Brook Antimony Mine Paul Bartos, Director Noted Authority on Epithermal Gold Deposits; Vice President Ph.D and Chief Geologist, Esperanza Resources; Extensive Experience in Latin America; Brian CFO 30 Years Experience as Financial Officer of Public and Private Crawford, CPA Corporations Roger Doucet Director Director of Exploration for Agnico-Eagle Mines Mexico; Jacques Director 40 Years Experience as an Underground Miner Monette William Director Retired; Former Director of Logistics for a Drilling Company in MacDonald Mexico Pg. 6
Pilar Gold Property Pilar Gold Property (105 hectares) 100% Ownership, No NSR o In-house Resource Estimate: 44,650 Oz Au, Grade 1.9 g/t o Small Scale, High Grade Mining Dating Back to Early 1900’s o Previous Optionees: o - Santa Catalina Mining - Lundin Group (Oct 95’- Mar 98’) - Santa Fe Mining (Mar 09’ – Mar 10’) Extensive Drilling, Trenching, Geophysics, Sampling o Highly Fractured Rock Open Pit, Highly Oxidized, Heap Leach Potential o North Hill Main Zone Trench work Trench work Fault Pg. 7
Pilar Gold Property – Work Done Significant Amount of Data Collected on Pilar Property) 1.9km of 3m Channel Sampling (660 x 3m) o 750 Meters of Additional Trenches o 7,500 Plus Meters of Drilling in 1996-1997 o 57 Rock-chip & 27 Soil Samples (all mapped) o 92 Rock-chip Samples (mapped, avg. 1.229 g/t Au) o Au ¡g/t ¡ Figure ¡10 ¡ 590 Rock-chip Samples at 5m Intervals (mapped) o Main ¡Zone ¡Block ¡Model ¡ 7,192 Meters of Drilling with CGR Management Ver5cal ¡Sec5on ¡Looking ¡NW ¡ o Standard Cyanide Bottle Roll Testing Completed o 4 Trench Zone Trench North Hill Samples North Hill 4 Trench Zone Main Zone Main Zone Pg. 8
Our Sweet Spot – Western Side of the Main Zone Hole P-9b: 9.0m @ 10.16 g/t Au Hole 13-15: 66.0m @ 0.94 g/t Au ¡ ¡ ¡ ¡ ¡ ¡ ¡ Hole JES-12: 41.01m @ 1.31 g/t Au ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡ Hole J-7: 2.55m @ 7.91 g/t Au ¡ ¡ ¡ ¡ ¡ ¡ ¡ Hole Q-8b: 13.5m @ 9.64 g/t Au ¡ ¡ ¡ ¡ ¡ ¡ ¡ Hole JESP-12-4: 21.30m @ 0.84 g/t Au; AND 3.00m @ 3.44 g/t Au Pg. 9
Previous Channel & Chip Sampling Channel Sampling Date Channel ¡ ¡ Channel Sampling ¡ Sampling (Meters) Results Santa Catalina: Late ¡ 1,980 As high as: Channel 1995-‑1996 28.0 g/t over 6m Sampling 7.72 g/t over 9m Campaign #1 4.4g/t over 12m Santa Catalina: January 750 As high as: Channel 1997 55.4 g/t Au over Sampling 3m Campaign #2 Highly Silicified Boulder with Analysis of 6 g/t Au Chip Sampling Date Number ¡ Chip of ¡Chip ¡ Sampling Samples Results Mapped Chip Sampling Feb 2008 57 Chip Sampling May 2008 92 AVG: 1.22 g/t Au Chip Sampling 2009-10 590 50m of 3.39 g/t Au & Four samples over 10g/t Au 30+ Major Trenches Spanning 2.7km Pg. 10
Recommend
More recommend
