T SX Ven t ur e - C BI A u g u s t , 2 0 1 8 DEVELOPING GOLD PROJECTS DEVELOPING GOLD PROJECTS IN THE PROLIFIC SONORA GOLD BELT - ME XICO IN THE PROLIFIC SONORA GOLD BELT - ME XICO
Forward Looking Statements 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. 2
T S X Ve n t u r e - C B I Leadership Team Leadership Team Management experienced in Sonora, epithermal gold deposits and putting mines into production. Chairman/CEO/ Founder and Former Chairman of both Major Drilling International (TSX: MDI) and the Beaver Brook Ronald Goguen, Sr. President Antimony Mine Brian Crawford, CPA CFO 30 Years Experience as Financial Officer of Public and Private Corporations Founder & Past President of Skye Capital Corporation and Northern Lorena Resources. More than a Ian McGavney COO decade of experience in junior Resource Company finance and marketing 50 Years in the Mineral Exploration Business; Exploration Driller. Former CEO of Britannia Mine (sold Ed Stringer Director to Hudbay Minerals) Noted Authority on Epithermal Gold Deposits; Vice President and Chief Geologist, Anglo Gold; Paul Bartos, Ph.D Director Extensive Experience in Latin America Roger Doucet Director Former Director of Exploration for Agnico-Eagle Mines Mexico; Quebec Prospector of the year 1978 Jacques Monette Director 40 Years Experience as an Underground Miner William MacDonald Director Retired; Former Director of Logistics for a Drilling Company in Mexico 3
Colibri Resource Corporation at a Glance Colibri Resource Corporation at a Glance QUICK FACTS • Trades: TSX.V: CBI | FSE: 2CO • Property Portfolio Focused on Sonora, Mexico • Led by an experienced Management Team and Board who have Found, Developed, and Managed Producing Mines CORPORATE STRUCTURE • 52.9 million shares outstanding • 77.5 million shares fully diluted • Based in Moncton, New Brunswick KEY PROJECTS Flagship Project: Joint Venture Project: Early Stage Project: The Pitaya Gold Property The Evelyn Gold Property The Pilar Gold Property (Advanced Stage Exploration) (Early Stage Exploration) (Advanced Stage Exploration) 4
T S X Ve n t u r e - C B I Flagship Property: The Pilar Gold Project Flagship Property: The Pilar Gold Project Acquisition Structure (TSX-V Approved on July 25, 2017) • Colibri issued 24,242,424 shares at $0.165 per share to purchase project ($4,000,000) • Asset held in wholly own Mexican subsidiary company • 12 km NE of Suaqui Grande, Sonora, Mexico • 100% owned (no royalties) • Near Surface Mineralization Focus Property The Pilar Gold Property Location Near Suaqui Grande, Mexico Closest large center - Hermosillo, Sonora (2.5 Hour Driving Distance) Development Stage Advanced Exploration Metals Gold with Silver Credit Deposit Type Low sulfidation, Epithermal, Volcanic host, Highly Fractured, Oxidized, Altered • Going Forward Resource Calculation Drilling • Exploration Drilling • Preliminary Economic Assessment • Potential Open Pit Heap Leach Operation 5
Pilar Gold Property • 105 hectares • 100% Ownership, No NSR • Mineralized zone 1,200m x 625m • 3 Mineralized Zones drill tested and remain open in several directions • Main Zone, North Hill, 4-Trench • Several untested targets • Average recovery: 92% (3 x 72 hour bottle roll) • Previous Optionees: o Santa Catalina Mining - Lundin Group (1995-1998) o Santa Fe Mining (2009-2010) o Canadian Gold Resources (2010-2017) Highly Fractured Rock • Extensive Drilling, Trenching, Geophysics, Sampling • Open Pit Potential, Oxidized, Heap Leach Potential, Low Sulfidation, Highly Fractured, Epithermal Mineralization North Hill Main Zone Trench work Fault Trench work 6
Pilar Gold Property – Work Completed to Date Significant Amount of Data Collected on Pilar Property) N • 17,700m Drilling (Core & RC) • 2650m of Channel/Trench Sampling/Mapping North Hill • 739 Rock-chip Samples & 87 Soil Samples (mapped) • Standard Cyanide Bottle Roll Testing Completed • 3 tests – Avg. recovery 92% over 72 hours Projected Fault Main Zone Au g/t Main Zone Block Model Vertical Section Looking NW Pre 2018 Drilling 7 3D – Mineralized Envelope (0.20 g/t Au cut off)– Pre 2018 Drilling
T S X Ve n t u r e - C B I Sweet Spot – Western Side of the Main Zone Hole P-9b: 9.0m @ 10.16 g/t Au 4 Trench Zone Hole 13-15: 66.0m @ 0.94 g/t Au North Hill 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 Main Zone Hole JESP-12-4: 21.30m @ 0.84 g/t Au; AND 3.00m @ 3.44 g/t Au (Looking East) 8
T S X Ve n t u r e - C B I Channel & Chip Sampling Channel Sampling Channel Date Sampling Channel Sampling Results (Meters) As high as: Santa Catalina: Channel 28.0 g/t over 6m Sampling Campaign #1 Late 1995-1996 1,980 7.72 g/t over 9m 4.4g/t over 12m Santa Catalina: Channel As high as: Sampling Campaign #2 January 1997 750 55.4 g/t Au over 3m Highly Silicified Boulder with Analysis of 6 g/t Au Chip Sampling Number of Date Chip Sampling Results Chip Samples Chip Sampling Feb 2009 57 Mapped Chip Sampling May 2009 92 AVG: 1.22 g/t Au 50m of 3.39 g/t Au Chip Sampling 2009-10 590 & Four samples over 10g/t Au 30+ Major Trenches Spanning 2.7km 9
Highlighted : Projected Mineralized Structure - Gold in Soils (g/t) 1,200m X 625m North Hill 4 Trench Zone 2.09 Main Zone 1.36 Historic shaft – surface sampled 2.48 g/t Au & 1.23 g/t Au 1.565 0.869 10
Recommend
More recommend
