TEJAMEN - Mantos Developing Silver and Gold Resources in Mexico September 30, 2016 TSX.V-MMN 1
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 and 43-101 reports and news releases with specific underlying Qualified Persons as set out in the Releases and reports. Industry Information has been compiled from publically 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, environment 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. There can be no assurance that such reserves will be identified on any property, or that, if identified, any mineralization may be economically extracted. TSX.V-MMN 2 September 30, 2016
Company Overview Focus on the exploration and development of silver and gold projects along the highly productive mineralized belt that made Mexico the largest silver-producing country in the world Oremex Silver Inc . was renamed Monarca Minerals Inc. in Q3, 2016 • Tejamen project has a NI 43-101 inferred resource of 28.7 million troy ounces of Ag (15ppm cutoff), contained in 19.8 million tonnes @ 45 g/t Ag • 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 mining and capital-friendly jurisdiction of Durango • Experienced board and management team San Lucas Au/Ag Vein TSX.V-MMN 3 September 30, 2016
Board of Directors & Management FRANK HOGEL, CHAIRMAN & DIRECTOR: Mr. Hogel 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 and is Chairman of Nicola Mining (TSX-V “NIM”) ALLAN FOLK, INTERIM CEO & DIRECTOR: Mr. Folk has spent 30 years in the Investment Industry. During that period he has helped finance numerous Junior Mining companies. He is Chairman of Atlanta Gold Inc., Director of Barkerville Gold and Vice President of Brant Securities. He received a BBA from the University of Wisconsin in1972. MICHAEL R. SMITH – PRESIDENT & QUALIFIED PERSON Mr. Smith has 38 years of experience in the mining, working for Barrick Gold, Continental Gold, Oremex Silver and continues to provide Qualified Person services. He is an SME Registered Member, ID 4167376RM. He graduated from Arizona State University in 1979 (BS) and the Mackay School of Mines in 1981 (MS) in Geology. Mike lives in Mexico and is fluent in Spanish. 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. CARLOS ESPINOSA – DIRECTOR Carlos Espinosa, has 25 years of experience with international business development, Canadian Capital markets and commercial banking. He was the Head of Business Development, Global Mining at the TSXV and former Deputy Trade Commissioner of Mexico, in Toronto. He holds an MBA from Kellogg School of Management at Northwestern University and a BBA from Univesidad Nacional Autonoma 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. (TSX-V "PTX”) and iSign Media Solutions (TSX-V “ISD) 4 September 30, 2016 TSX-V MNN
Stock Information • TSX-V SYMBOL - MNN • Basic Shares Issued . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146.5 million • Stock Options Outstanding . . . . . . . . . . . . . . . . . . . . . . . . . 0.1 million 0.1Million @ $0.19 • Warrants Outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27.1 million 20.9Million - Exercisable @ $0.10 expiry Oct 2017 (Conv. Debenture) 6.2Million - Exercisable @ $0.10 expiry Oct 2017 • Fully Diluted Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 173.7 million • Basic Market Cap @ $0.05 . . . . . . . . . . . . . . . . . . . . . . . . . . . $7.32Million • Major Shareholders Sprott Asset Management Concept Capital Management TSX.V-MMN 5 September 30, 2016
Project Portfolio TEJAMEN (Durango State) • Flagship property with a NI 43- 101 inferred resource of 28.7 million troy ounces of Ag (15ppm cutoff), contained in 19.8 million tonnes @ 45ppm Ag • Excellent potential to expand resource Tejamen San Lucas SAN LUCAS (Durango State) • Excellent exploration potential El Sol EL SOL (Durango State) • Excellent potential to extend Southern Silver’s Blind/El Sol zone onto concession with geophysical anomaly (IP) continuation TSX.V-MMN 6 September 30, 2016
Project Locations - Durango State • Monarca’s projects are located in an area of Mexico renowned for major Ag, Au and base metal deposits. • The area has a long mining history dating back to early colonial times. • The area has significant infrastructure and transportation systems with local mining expertise. TSX.V-MMN 7 September 30, 2016
Tejamen: 43-101 Resource Key silver valuation component and flagship project • Monarca owns 100% mineral rights and surface access in progress • NI 43-101 Inferred Resource of 28.7 million troy ounces of Ag (15ppm cutoff), by Gustavson Associates • NI 43-101 Inferred Resource of 19.8 million tonnes @ 45ppm Ag • 215 RC holes (36,139m) and 10 core holes drilled between 2003 and 2008 • Los Mantos remains open to the south, east and at depth in high grade veins • Significant exploration upside in feeder veins beneath both Los Mantos and Cerro Prieto deposits, grades of to 6m of 1,400ppm Ag, with about 5% Pb & Zn TSX.V-MMN 8 September 30, 2016
Tejamen: Deposits & Drilling • Completed 36,139m of drilling Cerro Prieto Upper • Defined 2 primary Cerro Prieto Cerro Prieto Lower Ag deposits: Los Mantos and Cerro Prieto • Los Mantos drill result highlights: • Hole MMT-141: 80m at 417 g/tAg Los Mantos Los Mantos • Hole MMT-101: 89m at 621 g/tAg September 30, 2016 TSX.V-MMN 9
Tejamen: Satellite Image • Located close to Cerro Prieto Area Tejamen pueblo with 400 people • Nearby town of Nuevo Ideal provides basic services • Power and water Mineralized Zone available Representative Outline • Year-around access with low topographic relief • Moderate climate conditions • 1.5 hours by highway Los Mantos Area north of Durango, Mexico September 30, 2016 TSX.V-MMN 10
Tejamen : Deposit Model Section Opportunity for upside to expand the resource by drilling the South and Eastern extensions of Mantos and high grade feeder veins and manto potential at depth Section from Gustavson Assoc. Block Model US$1,500,000 core drilling SECTION FROM program proposed over 2 WARDROP ENGINEERING years TSX.V-MMN 11 September 30, 2016
Tejamen: Exploration Potential LOS MANTOS FEEDER VEIN INDICATIONS TJBD - 6 166 -172m 6.00 1,400 Ag (ppm) MMT - 149 168 -170m 2.00 448 Ag MMT -150 134 – 136m 2.00 1,355 Ag MMT -142 160 – 162m 2.00 806 Ag MMT - 156 110 – 112m 2.00 773 Ag TSX.V-MMN 12 September 30, 2016
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