Creating a Leading Copper-Gold Company Corporate Presentation July - PowerPoint PPT Presentation

S a n M a t i a s TSXV: CDB, OTCQB: CDBMF Creating a Leading Copper-Gold Company Corporate Presentation July 2019

C CAUTIONARY STATEMENT o r d o b a These presentation slides (the “Slides”) do not comprise a prospectus or other form of offering document relating to Cordoba Minerals Corp. (“the Company”), and do not constitute an offer or invitation to purchase or subscribe for any securities of the Company or any other company and should not be relied on in connection with a decision to purchase or subscribe for any such securities. The Slides and the accompanying verbal presentation do not constitute a recommendation regarding any decision to sell or purchase securities of the Company or any other company. Your attention is drawn to the risk factors set out below. This presentation contains forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, and other related matters. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. The Company’s current projects in Colombia are at an early stage and all estimates and projections are based on limited, and possibly incomplete data. More work is required before geological and economic aspects can be confidently modeled. Actual results may differ materially from those currently anticipated in this presentation. No representation or prediction is intended as to the results of future work, nor can there be any guarantee that estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be economic. This presentation also contains references to estimates of Mineral Resources. The estimation of Mineral Resources is inherently uncertain and involves subjective judgments about many relevant factors. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation (including estimated future production from the company’s projects, the anticipated tonnages and grades that will be mined and the estimated level of recovery that will be realized), which may prove to be unreliable and depend, to a certain extent, upon the analysis of drilling results and statistical inferences that ultimately may prove to be inaccurate. Mineral Resource estimates may have to be re-estimated based on: (i) fluctuations in copper, gold or other mineral prices; (ii) results of drilling, (iii) metallurgical testing and other studies; (iv) proposed mining operations, including dilution; (v) the evaluation of mine plans subsequent to the date of any estimates; and (vi) the possible failure to receive required permits, approvals and licences. Cordoba has prepared a NI 43-101 compliant technical report for the Alacran Project, which is available under the company’s SEDAR profile at www.sedar.com. This technical report include relevant information regarding the effective date and the assumptions, parameters and methods of the mineral resource estimates on the Alacran Project cited in this presentation, as well as information regarding data verification, exploration procedures and other matters relevant to the scientific and technical disclosure contained in this presentation in respect of the San Matias and Alacran projects. The technical information in this presentation has been reviewed and verified by Charles N. Forster, P.Geo., a Qualified Person for the purpose of National Instrument 43-101. Mr. Forster is the Vice President Exploration for Cordoba and for HPX, Cordoba’s majority shareholder, and is not considered independent under National Instrument 43-101. 2 TSXV: CDB, OTCQB: CDBMF

C CREATING A LEADING COPPER-GOLD COMPANY o r d o b a San Matias Project Corporate Information Alacran Copper-Gold-Silver Deposit District Exploration Targets TSXV: CDB Trading symbols Córdoba, Colombia OTCQB: CDBMF Basic shares: 300,019,388 Shares, Warrants: 61,760,439 warrants, options & Options & units: 9,990,839 share units* Fully diluted: 371,770,666 Share price* C$0.10 Perseverance Market cap* C$30 million Porphyry Copper Target Arizona, USA Key High Power Exploration Inc. shareholder (HPX): ~70% *As at May 9, 2019. Share price and market capitalization as at July 8, 2019. 3 TSXV: CDB, OTCQB: CDBMF

S S a a n n M M a a t t i i a a s s 4 TSXV: CDB, OTCQB: CDBMF

S a COLOMBIA IS AN ATTRACTIVE COUNTRY TO INVEST n M a t i a Economically and politically stable s § Government has prioritized foreign investment § Top-ranked country in Latin America for investment protection Part of the Andean Arc • Numerous bilateral investment treaties and free § Andean Arc produces 48% of the world’s trade agreements copper § Substantial post-conflict investment in § Colombia is an under-explored segment of transportation, power and telecommunications the Arc, with substantial gold and § Clean, independent judiciary, rule-of-law copper potential applies § Previous exploration seriously impeded by the Colombian conflict Mining in Colombia § Established mining jurisdiction with famed pre- Hispanic gold production § Largest nickel and coal producer in Latin America • South 32’s Cerro Matoso nickel mine located ~30 km from San Matias § Government committed to expedite mining approvals and to eradicate illegal mining 5 TSXV: CDB, OTCQB: CDBMF

S a SAN MATIAS COPPER-GOLD-SILVER PROJECT n M a t i a A brand-new mineral camp s § A previously unrecognized, Laramide-age porphyry copper- Cerro Matoso gold district Argos South 32 Carbon del Caribe • Identified by follow-up of artisanal gold workings Nickel Coal § Commanding land position securing the entire prospective area Puerto Libertador • 149 km 2 of granted title • 2,491 km 2 of applications § Initial exploration over only 1% of the title holding has resulted in identification of four copper-gold-silver deposits: San Matias • Alacran Project • Montiel East Montiel • Montiel West Alacran Costa Azul • Costa Azul § Multiple other targets remain to be explored § Located close to sea-level in an established mining district with Legend Property boundary excellent access and infrastructure San Matias deposits Operating mines Roads N Airport 0 5 km 10 km 6 TSXV: CDB, OTCQB: CDBMF *Refer to resource estimate on slide 10.

S a ALACRAN REPLACEMENT COPPER-GOLD-SILVER DEPOSIT n M a t i a s § Coarse visible gold in sphalerite- Porphyry-related replacement deposit chalcopyrite-carbonate vein in § Mineralization extends over 1.3 km strike length drill hole ACD036 • Replaces westerly-dipping carbonate-bearing volcano-sedimentary strata § The deposit forms a ridge line and is amenable to open pit mining with a low strip ratio § Drill core assays indicate very low contents of deleterious elements such as arsenic and lead § Late-mineral intrusive breccias truncate the deposit to the west and contain mineralized porphyry fragments High-grade gold veins cross-cut the replacement deposit § Exploited by informal miners § Will add significant value during mining • 10.25% copper, 4,440 g/t gold, 347 g/t silver and 24.70% zinc over 0.90 metres (ACD036) 7 TSXV: CDB, OTCQB: CDBMF

S a MONTIEL EAST, MONTIEL WEST AND COSTA AZUL n M a t i a Montiel East Montiel West s Porphyry-style mineralization § Montiel East and Costa Azul comprise stock- worked quartz-diorite porphyry intruding basaltic andesite volcanic rocks § Montiel West comprises stock-worked basaltic andesite volcanic rocks with no porphyry intrusion yet identified § Notable drill intercepts include: • Montiel East: 0.71% copper and 0.56 g/t gold over 118 metres (SMDDH012) • Montiel West: 0.32% copper and 0.37 g/t gold over 72 metres (MWDDH003) • Costa Azul: 0.62% copper and 0.51 g/t gold over 87 metres (CADDH003) 8 TSXV: CDB, OTCQB: CDBMF

S a PRELIMINARY ECONOMIC ASSESSMENT CLOSE TO COMPLETION n M a t i a s Updated Mineral Resource Drainage Estimate Released July 3, 2019 § Indicated: 674,000 tonnes of copper equivalent* § Inferred: 15,000 tonnes of copper equivalent* § Includes Alacran, Montiel East, Montiel West and Costa Azul *Refer to Notes on Mineral Resources. 9 TSXV: CDB, OTCQB: CDBMF

S a ALACRAN PLAN AND CROSS-SECTION n M a t i a s 10 TSXV: CDB, OTCQB: CDBMF *Refer to endnotes.