Developing Precious and Base Metals Projects in Mexico July 11, 2019 1 TSX VENTURE: MMN
FORWARD LOOKING STATEMENT This presentation is prepared by Monarca Minerals Inc. (MMN – TSX.V). Management of Monarca are solely responsible for content and format. Management has compiled this presentation from industry information, NI 43-101 technical reports, and news releases with specific underlying Qualified Persons as set out in the news releases and reports. Industry information has been compiled from publicly-available sources and may not be complete, up to date, or reliable. This presentation contains forward-looking statements within the meaning of Canadian and U.S. securities laws. Such forward looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, the Company’s ability to raise capital to fund development and exploration, changes in general economic conditions or financial markets, changes in metal prices, general cost increases, litigation, legislative, environmental and other judicial, regulatory, political, competitive developments in Mexico, technological and operational difficulties or inability to obtain permits encountered in connection with the Company’s exploration activities, community and labour relations matters and changes in foreign exchange rates, all of which are described in more detail in the Company’s filings with the Canadian Securities Regulators. This presentation is for information purposes only and is not a solicitation. Please contact the Company for complete information and consult a registered investment representative / advisor prior to making any investment decision. Investors are urged to consider closely the disclosure in Monarca’s annual and quarterly reports and other public filings, accessible through the Internet at www.sedar.com. Although the Company believes its properties have promising potential, its properties are in the early stages of exploration. None have yet been shown to contain proven or probable mineral reserves and there can be no assurance that such reserves will be identified on any property, or that, if identified, any mineralization may be economically extracted. Technical Information and Qualified Person Statement: All historical resource estimates, preliminary economic assessment (PEA), production data, drilling or sampling figures (“Technical Information”) quoted herein are based on prior data and NI 43-101 technical reports prepared by previous operators or adjacent property holders. Monarca Minerals has not verified this technical information and this information is not necessarily indicative of the mineralization potential on Monarca’s properties discussed herein. All historical information disclosed should not be relied upon and has not been verified by a Qualified Person. All scientific and technical information contained in this presentation has been reviewed and approved by Michael R. Smith, a Professional Geologist and Qualified Person under the meaning of NI 43-101. 2 TSX VENTURE: MMN
BOARD OF DIRECTORS FRANK HOGEL – CHAIRMAN & DIRECTOR: Mr. Hogel currently serves as Chief Executive Officer of Peter Beck Performance Funds and sits on the advisory board of Concept Capital Management Ltd. He has an MBA degree from the University of Nurtingen, Germany. CARLOS ESPINOSA – PRESIDENT, CEO & DIRECTOR Mr. Espinosa, is a mining executive with over 25 years of experience within Canadian capital markets, international business development and commercial banking. He is CFO at Fredonia Management and former Head of Business Development, Global Mining at the TSX and TSXV. Mr. Espinosa earned an MBA from Kellogg School of Management at Northwestern University and a Bachelor of Business Administration from UNAM - “Universidad Nacional Autónoma de Mexico” and is fluent in Spanish. PAUL TÉNIÈRE – DIRECTOR: Paul Ténière, M.Sc., P.Geo. has 20 years of experience in the mining and oil & gas sectors taking projects from exploration to mine development. Mr. Ténière has held senior to executive roles with small cap to large mining companies developing precious metal, base metal, and metallurgical coal deposits, and has significant capital markets and corporate finance experience. Mr. Ténière is currently President and CEO of Eastern Zinc Corp and was Senior Manager of Mining at the Toronto Stock Exchange (TSX), Chief Geologist for Sherritt International Corp, and an Exploration Manager for Vale S.A. and Solid Energy New Zealand. JAMES McVICAR – DIRECTOR Mr. McVicar is a senior partner of Peterson McVicar LLP in Toronto with 20 years of experience focused in corporate finance and mining law. He previously spent close to three years as legal counsel in the Corporate Finance Branch of the Ontario Securities Commission (OSC) and later in his career was appointed to the OSC's Securities Advisory Committee for a 2 year term. 3 TSX VENTURE: MMN
MANAGEMENT CARLOS ESPINOSA – PRESIDENT, CEO & DIRECTOR Mr. Espinosa, is a mining executive with over 25 years of experience within Canadian capital markets, international business development and commercial banking. He is CFO at Fredonia Management and former Head of Business Development, Global Mining at the TSX and TSXV. Mr. Espinosa earned an MBA from Kellogg School of Management at Northwestern University and a Bachelor of Business Administration from UNAM - “Universidad Nacional Autónoma de Mexico” and is fluent in Spanish. BRUCE REILLY – CFO Mr. Reilly is a graduate of the University of Toronto with a Bachelor of Commerce degree and is a Chartered Accountant (1985). For the past twenty plus years, Bruce Reilly has successfully developed and managed a chartered professional accounting firm. Mr. Reilly also sits on the Board of Platinex Inc. (CSE "PTX") and iSign Media Solutions Inc. (TSX-V “ISD”). MICHAEL R. SMITH – EXECUTIVE VP – EXPLORATION & QUALIFIED PERSON Mr. Smith is a Professional Geologist and has 38 years of experience in mining, working for Barrick Gold, Continental Gold, Oremex Silver and continues to provide Qualified Person services. He is an SME Registered Member (ID 4167376RM) and graduated from Arizona State University in 1979 (BS) and the Mackay School of Mines in 1981 (MS) in Geology. Mike has Permanent Residency status in Mexico and is fluent in Spanish. CARLOS PACHECO – COUNTRY MANAGER Mr. Pacheco is a geologist with more than 25 years of experience in exploration, development and operations, with major Mexican mining and Canadian junior companies. He also has significant experience managing community relations and business development activities in the mining sector. He graduated from Instituto Tecnológico No. 7 de Cd. Madero, México in 1985 (BS). 4 TSX VENTURE: MMN
STOCK INFORMATION • TSX-V SYMBOL - MNN • Basic Shares Issued . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49.6 Million • Stock Options Outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.1 Million 2.1Million @ $0.14 • Warrants Outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.5 Million 13.2 Million - Exercisable @ $0.18 expiry May 2020 0.7 Million - Exercisable @ $0.13 expiry May 2020 3.4 Million - Exercisable @ $0.18 expiry July 2020 0.2 Million - Exercisable @ $0.13 expiry July 2020 • Fully Diluted Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69.2 Million • Basic Market Cap @ $0.055 . . . . . . . . . . . . . . . . . . . . . . . . . . . $2.73 Million • Cash in the bank at February 28, 2019 . . . . . . . . . . . . . . . . . . $17 Thousand • Major Shareholders: o Eric Sprott o Concept Capital Management 5 TSX VENTURE: MMN
PROJECT OVERVIEW Monarca Mineral is focused on the exploration and development of precious & base metals projects along the highly productive mineralized belt in northern Mexico San Jose (flagship project): New geophysical discovery. This 5,580-hectare property in Chihuahua has excellent indications of multi-element mineralization associated with skarn, jasperoid, gossan and altered intrusive rocks, located just 50 km from the Bismark mine owned by Grupo Peñoles Tejamen: I nferred resource of 19.8 million tonnes @ 45 g/t Ag resulting in 28.7 million contained ounces of silver (15ppm cutoff) – completed in accordance with NI 43-101 and CIM (2014) standards San Lucas: Provides significant exploration potential for Ag, Au and base metals, with drillhole results up to 527ppm Ag El Sol: Provides significant exploration potential for Ag, Au and base metals, with surface mine dump assays up to 358ppm Ag, 1.95ppm Au, 19.6% Zn and 22.6% Pb All projects are in the mining and capital-friendly jurisdictions of Durango and Chihuahua, Mexico 6 TSX VENTURE: MMN
WHAT’S NEW? Q3 2019 Planning a 5,000 to Q2 2019 10,000 metre drilling program on San Jose Executed contract of project Q4 2018 mining exploration and promise of San Jose Project: assignment of rights Q4 2017 for San Jose project. Completed IP \ Signed Letter of Resistivity \ Magnetic Intent to acquire San Surveys on Jose project in approximately 6 Km 2 Chihuahua, Mexico on the skarn system, with a very positive results Geological mapping completed over the primary area of old mines +/- 820 hectares 167 surface samples taken 7 TSX VENTURE: MMN
SAN JOSE PROJECT FLAGSHIP PROPERTY
SAN JOSE PROJECT CHIHUAHUA STATE N Tyrone Bisbee Bismark TSX VENTURE: MMN 9
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