G OLD E XPLORATION I N N ICARAGUA October 2012
C AUTIONARY N OTES This presentation includes certain "Forward-Looking Statements” as that term is used in applicable securities law. All statements included herein, other than statements of historical fact, including, without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of Cassius Ventures Ltd. (“Cassius”, or the “Company”), are forward-looking statements that involve various risks and uncertainties. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "scheduled", "believes", or variations of such words and phrases or statements that certain actions, events or results “potentially”, "may", "could", "would", "might" or "will" be taken, occur or be achieved. There can be no assurance that such statements will prove to be accurate, and actual results could differ materially from those expressed or implied by such statements. Forward-looking statements are based on certain assumptions that management believes are reasonable at the time they are made. In making the forward-looking statements in this presentation, the Company has applied several material assumptions, including, but not limited to, the assumption that: (1) Cassius may not find any minerals in commercially feasible quantities in Nicaragua, (2) the Company’s ability to raise the necessary financing for ongoing operations and to complete any acquisitions or pursue any planned exploration programs, (3) there being no significant disruptions affecting operations, whether due to labour/supply disruptions, damage to equipment or otherwise; (4) permitting, development, expansion and power supply proceeding on a basis consistent with the Company's current expectations; (5) certain price assumptions for gold; (6) prices for availability of natural gas, fuel oil, electricity, parts and equipment and other key supplies remaining consistent with current levels; (7) the accuracy of current mineral resource work and studies on the Company's property; and (8) labour and material costs increasing on a basis consistent with the Company's current expectations. Important factors that could cause actual results to differ materially from the Company's expectations include such factors, among others, risks related to the ability of the Company to obtain necessary financing and adequate insurance; the economy generally; fluctuations in the currency markets; fluctuations in the spot and forward price of gold or certain other commodities (e.g., diesel fuel and electricity); changes in interest rates; disruption to the credit markets and delays in obtaining financing; the possibility of cost overruns or unanticipated expenses; employee relations. Accordingly, readers are advised not to place undue reliance on Forward-Looking Statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Statements, whether as a result of new information, future events or otherwise. Eddy Canova, P.Geo., OGQ (403), the Director of Exploration and a Director for the Company and a Qualified Person as defined by NI 43-101, has reviewed and is responsible for the technical information contained in this presentation. 2
C ORPORATE O VERVIEW In June 2011, completed the acquisition of Fortress de Nicaragua SA (FDN), a private • Nicaraguan company with 16 concessions over 130,000 ha Concurrently raised $2.5 million through a non-brokered private placement • In January 2012, completed the acquisition of Nueva Segovia Mining SA, a private • Nicaraguan Company and owner of the 23,000 ha “El Zúngano” concession 2011/2012, completed an exploration in the Nueva Segovia and León project areas as well • as a 1,270m reconnaissance drilling program at 2 targets at Nueva Segovia that led to the discovery of a number of significant anomalies SHARE CAPITAL • • Issued shares: 41,148,480* • Warrants: Approximately 8.6. million at $0.10 – C$0.45 Expire January 2013 – June 2013 • • Options: Approximately 1.7 million Fully diluted shares: approx 51.4 million • 3 *October 2012
C ASSIUS P ROPERTIES Extensive land base in some of the best • mineral areas of Nicaragua 17 concessions, over 160,000 ha • Nueva Segovia Concession area covers • 60,000 ha over 9 properties León Concession area covers 62,000 ha • over 4 properties Chontales Concession area covers 4 • properties over 38,000 ha Work to date focused on Nueva Segovia • and León concession areas 4
P ROXIMITY TO E STABLISHED M INES & M INING D ISTRICTS 5
C ONCESSIONS AND G EOLOGY Nueva District León Chontales Segovia 9 4 4 Concession 60,814 62,000 38,000 Area (ha) Epithermal Epithermal Epithermal Geological System + Quartz veins system Model Porphyry Golden B2 Gold B2 Gold Reign, (Limon Mine) (La Adjacent Corazon Condor (La Libertad Properties Gold India) Mine) Large concessions on favourable geological settings • León and Chontales in Volcanic – Tertiary, Nueva Segovia in Schists - Paleozoic • In District areas, adjacent to prospective properties and operating mines • 6
H ISTORY Work done from colonial times to the 1950’s in the Nueva Segovia area established a • network of tunnels, but no records of production Fortress staked properties over 16 concessions during period 2005 - 2007 • Fortress work included stream sediment sampling, rock sampling and soil sampling • over all three concessions areas as well as detailed trenching and prospecting also undertaken in the Nueva Segovia Concession area Fortress spent $2.5 million historically – all data available to Cassius • Fortress was committed to securing properties in the best mining areas, with good • infrastructure, taking into account ease of access, power, water and labour supply In January 2012, FDN purchased Nueva Segovia Mining S.A. the owner of the • 23,800 hectare “El Zúngano” concession, which adjoins the east side of the Nueva Segovia concessions 7
2011/12 E XPLORATION P ROGRAM 12 month exploration program focused on Nueva Segovia and León commenced July • 2011 Stream sediment, soil, rock chip, and trench channel sampling • Soil geochemistry surveys and trenching on prospective areas • 1,270m Reconnaissance core drilling program completed in May, 2012 • Summary Findings: • Encouraging anomalous values discovered at Nueva Segovia targets • (Manto de la Corona, La Lampara, El Escandolo/Cobano) Occurrence of a 6 km² gold/molybdenum porphyry (Cerro Rojo) as well as • high grade vein targets (Las Mercedes) at León 8
N UEVA S EGOVIA C ONCESSIONS : G EOLOGY • 9 concessions located in northern Nicaragua • Within belt of Paleozoic metamorphic rocks within structural suture zones Gold mineralization occurs • in quartz carbonate veins occurring in graphitic schists and is associated with pyrite, arsenopyrite and galena Epithermal vein type • system resulting from hydrothermal activity 9
N UEVA S EGOVIA C ONCESSIONS : E XPLORATION PROGRAM O VERVIEW • Key Targets: • Manto de la Corona • La Lampara • El Escandolo • Cobano • General Zúngano area • Stream sediment, soil, rock chip and trench channel sampling conducted to identify drill targets • Soil geochemistry surveys on prospective areas Drill program of 1,270m at two targets based on favourable sampling results: • 800m at Manto de la Corona (La Jalapeña concession) and 470m at La Lampara (Los Angeles Concession) • Additional anomalous areas discovered across the Nueva Segovia area with respect to arsenic, molybdenum and copper 10
N UEVA S EGOVIA C ONCESSIONS : S AMPLING Manto de la Corona • Strong gold anomalies noted based on 341 soil samples taken with results ranging between 233 and 847 ppb Au Subsequent trenching further substantiated anomalous areas from which three drill • targets were identified La Lampara • 20 hectares of anomalous gold values identified 2011/2012 exploration program led to discovery of 16 historical tunnels which were • subsequently mapped and sampled • 2 tunnels uncovered two quartz veins with thicknesses of 20cm and 90cm and returned 11 grades between 1.15 g/t Au and 11.05 g/t Au Additional tunnels returned significant gold assays of 1.57 g/t Au over 1.0m, 5.25 g/t Au • over 0.75m, 12.97 g/t Au over 1.00 m, 1.30 g/t au over 0.50m and 1.58 g/t Au over 0.81m • Seven drill targets identified and drilled based on above sampling results 11
N UEVA S EGOVIA C ONCESSIONS : S AMPLING CONT … El Escandolo • Discovery of old workings identified gold mineralization with multiple quartz veins occurring in oxidized schists trending over a strike length of 565m Chip samples taken returned an assay of 6.83 g/t Au • Cobano Wide quartz vein of 3.0 to 6.0m in width and strike length of 50m, trending 300° and • dipping 64° SW Grab samples in all 5 areas of Cobano returned assays from 0.047 g/t Au to 3.02 g/t • Au General Zúngano Area • Quartz vein samples taken south of Cobano returned assays of 3.80 g/t Au, 5.96 g/t Au and 19.59 g/t Au • Structure appears promising as the vein maintains width over a 50m length 12
N UEVA S EGOVIA C ONCESSIONS : S OIL S AMPLE R ESULTS 13
N UEVA S EGOVIA C ONCESSIONS : R OCK S AMPLE R ESULTS 14
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