October 2017 New Raven Au, Mike Porphyry Cu Projects, BC TSX.V: CRV | Frankfurt: CF 1
Cautionary Disclaimer This presentation may contain statements that constitute “forward - looking information” for the purposes of Canadian securities laws. Such statements are based on Cresval’s (“CRV” or “CRV’s”) current expectations, estimates, forecasts and projections. Such forward- looking information includes statements regarding (CRV’s) outlook for future operations, plans and timing for exploration activities, and other expectations, intentions and plans that are not historical fact. The words “estimates”, “projects”, “expects”, “intends”, “believes”, “plans”, “will”, “may”, or their negatives or other comparable words and phrases are intended to identify forward-looking information. Such forward-looking information is based on certain factors and assumptions and is subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward- looking information. Important factors that could cause actual results to differ materially from (CRV’s) expectations include uncertainties relating to interpretation of drill results and geology, additional drilling results, continuity and grade of deposits, participation in joint ventures, reliance on other companies as operators, fluctuations in metals prices and currency exchange rates, changes in environmental and other laws affecting exploration and mining, and other risks and uncertainties disclosed in CRV’s Annual Information Form and other filings with the applicable Canadian securities commissions on SEDAR. Many of these factors are beyond the control of CRV. Consequently, all forward-looking information contained in this news release is qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by CRV will be realized. For the reasons set forth above, investors should not place undue reliance on such forward-looking information. Except as required by applicable law, CRV disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise . 2
Overview: Reasons to Own Cresval High quality gold and copper targets in southwest BC Raven Project: high gold values in six zones, 2.7 km trend Mike: prime underexplored (11,000+ hectare) land package in emerging copper porphyry district with 5 showings of porphyry Cu style mineralization MIKE adjoins IKE discovery by HDI/Amarc Aumax Project with potential ore grades at surface Low market cap with small float
Peer Group Comparison: Capitalization Amarc 1 Cresval 2 Carube 3 Shares Issued 142,000,000 24,023,231 91,300,000 Market Cap $ 26,980,000 $ 1,201,000 $10,956,000 Fully Diluted 157,555,555 27,845,731 122,500,000 Best Leverage 1 From Amarc Corporate Presentation Feb 2017; market cap as of June 9, 2017 2 As of June 9, 2017 3 From Carube Corporate Presentation May 24, 2017; market cap as of June 9, 2017 4
CRV’s Projects, Southwest BC New Raven Property, Gold MIKE Property, Cu Aumax Property, Gold, Silver 5
New Raven Project: Location Exciting, high-grade gold target in southwest B.C. 6
New Raven Claims: History • Claims staked in 1990 after road building uncovered float assaying 12.2 grams Au/tonne (0.356 oz Au/ton). • Trenching from 1990-1992 identified five gold showings with excellent potential to host a vein gold deposit. • Diamond drilling of 481m in 10 holes in 1991 returned potential ore grades 5.8 g/t Au over 2.8m and 15.64 over 1.5m Au. • Acquisition by Cresval in 2008 7
New Raven Trend & Discoveries • New Raven Trend extends at least 2.7 km • Remains open along strike to the north & south • Six strong gold showings covering 600m by 150m area. • Similar to Bralorne- Pioneer Mine 45 km to NW, (produced 12.6 mt of 9.3 g/t gold). 8
New Raven Claims: Latest Work Maximum values in 2008 from Discovery Zone of 12,109 and 44.41 g/t Au. • Check samples collected in 2008 to verify work completed by previous operators graded 9.36 g/t Au over 1m and; • 16.75 g/t Au from the C zone and 12.13 g/t Au over 0.3m and 7.35 g/t Au over 1.2m from the D zone 9
New Raven Claims: 2017 Exploration Planned exploration program • Detailed prospecting & mapping (< 1% of property has been mapped and sampled) • Trenching to uncover strike extent of veins • Diamond drilling 10
MIKE Project: SW corner of BC’s Mining Industry 11
MIKE: In An Emerging New Porphyry District PORPHYRY COPPER STYLE MINERALIZATION DISCOVERED AROUND MARGINS OF 16 SQ KM INTRUSION ADJACENT TO IKE “This isn’t just one deposit, it’s a whole entire district that’s going to come to the fore, and it doesn’t get any better…” Robert Dickinson GOLD BRIDGE BRALORNE 12
Five Key Showings to Date: Identified porphyry copper mineralization showings lie mostly peripheral to pluton and on edge of basalt caps hiding extensions. Work program to vector into likely high grade target areas. Bridge River Pluton 13 13
Airborne Geophysical Survey 2016 Outlined larger areas of porphyry copper potential that incorporate known geochemical targets and mineralization. Key showings on the MIKE Project correspond to larger zones of elevated potassium over thorium ratios – interpreted as potassic alteration, which is generally coincident with porphyry copper style mineralization . 14 14
Windy Copper Showing • Open 400 by 350m Cu ±Au soil anomaly • Cu mineralization over a 1 km by 400m area • 1.53% Cu, 0.20% Mo, 9.2 g/t Au, 52.3 g/t Ag from 350m long zone west of grid • Additional Cu mineralization 1 km to NW - 0.69% Cu, 14.1 g/t Ag View looking northerly towards IKE 3.26% Cu/9.1m 0.44% Cu/24.5m 15 15 15
Nichol Showing IKE Nichol Near water, road, valley access (view looking easterly) Historical Trench re-sampling (T) & Drilling (DD) Highlights: Interval Cu Grade Ag Grade Au Grade Mo Grade % g/t g/t % 1.0 metres T 4.37 32.8 0.16 0.015 0.6 metres T 8.91 33.1 0.043 8.5 metres* DD 3.50 34.3 0.079 16 *Limited and incomplete sampling. Historical references at end of presentation 16
Russnor Showing Adit 2.96% Cu /9.1m from here Russnor Historic Sampling Highlights: Russnor Historic Drill Highlights: Interval Cu Grade Location Interval Cu Grade 60.0 m 0.57% Canyon 36.6 metres 0.300% 30.5 m 1.38% Adit 48.0 metres 0.091% 16.2 m 1.00% Canyon 26.5 metres 0.300% 613m/5 holes by PD, 51.2/2 holes by TCML and 17 rest by New Jersey Zinc (no data). CRV in 2011 17
BR Showing BR Showing Canex drilling 590m/4 holes 1.7 km x 0.5 km zone along cliffs Historical Trenching Highlights: Historical Drilling Highlights: Interval Cu Grade Interval Cu Grade 17 metres .14% 9 metres .134% IP suggests extension under basalt cap 18 18
Copper Plateau Showing Copper Plateau Showing Mineralization extends significantly into 450 by 550m Cu soil anomaly, open to S & E plateau area (max. 4120 ppm Cu, 75 ppb Au, 457 ppm Mo). Amenable to open pit mining. 2011 Drilling Highlights: 2011 Drilling Highlights: Interval Cu Grade Interval Cu Grade 99.1 metres .051% 205.75 metres .033% Incl. 65.5 metres .149% Incl. 87.5 m .060% 19 19
The Target Bulk-mineable, copper ± molybdenum ± gold ± silver porphyry deposit. 20 20
Explored by Majors Since 1930 1928-30 Discovery of Cu mineralization at Nichol & Russnor 1929-36 COMINCO: underground development and hand trenching on Russnor & Nichol, with 1.1% Cu/12.2m true width in Russnor adit and 0.57% Cu over 60m from chip sampling the canyon exposure; 2.8% Cu/4.5m on Nichol from trenching. Discovery of Showing #3, 3.26% Cu/9.1m 1955 NORANDA: 1.1% Cu/26.2m in Russnor adit 1961-63 PHELPS DODGE: 613m in 5 DDH on Russnor in 1961, mineralization in 4/5 holes, 0.3% Cu over 36.6m Discovery and hand trenching of BR, 0.57%Cu/7.6m in 1961 Mapping, magnetic and soil surveys on Nichol 1969 TCML: 51.2m diamond drilling in 2 holes on Russnor; entire holes ran 0.3% Cu/26.5m & 0.14% Cu/23.9m 1970-71 CANEX: 590m in 4 90º BQ DDH on BR with 0.134% Cu/9m but no other results reported. Cerro: . Limited mapping & soils on Russnor, 915 ppm Cu, 47 Mo TCML: 1.38 % Cu over 33m from Russnor adit (Elwell, 1970) 1979-81 Polischuk and Goldbridge: 30.5m in 2 DDH, 3.5% Cu, 0.08% Mo/3m, limited sampling on Nichol 381m in 8 BQ DDH, 0.97% Cu/3m . AMAX: Mapping, magnetic & IP surveys on BR 21
Aumax Property • Approximately 985 hectares between Cayoosh and Phair Creeks in the Lillooet Mining Division • Accessible from Lillooet, 16 km NE via logging roads from Highway 99 south • Cayoosh Creek has a history of limited placer gold production starting in the 1860‘s . Some immediately downstream. • Explored by trenching. • Two zones: Upper, 5.3 g/t Au, 583 g/t Ag over 0.8m; Lower, 1 g/t Au, 10 g/t Ag over 3m 22
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