north america marketing presentation
play

North America Marketing Presentation April, 2019 Disclaimer This - PowerPoint PPT Presentation

North America Marketing Presentation April, 2019 Disclaimer This presentation includes certain forward-looking statements securities of Coro about future events and/or financial results which are forward- Mining Corp. The potential target


  1. North America Marketing Presentation April, 2019

  2. Disclaimer This presentation includes certain forward-looking statements securities of Coro about future events and/or financial results which are forward- Mining Corp. The potential target tonnage and grade noted for the looking in nature and subject to risks and uncertainties. Such Marimaca project are conceptual in nature as there has been forward-looking statements or information, including but not insufficient exploration to define mineral resources, and it is limited to those with respect to the development of the Marimaca uncertain if further exploration will result in these targets being project, metal prices, metallurgical results and resource estimates, delineated as mineral resources. involve known and unknown risks, uncertainties, and other factors Unless otherwise indicated, Coro has prepared the technical which may cause the actual results, performance or achievements information in this presentation (“Technical Information”) based on of the Company to be materially different from any future results, information contained in the technical reports and news releases performance or achievements expressed or implied by such (collectively the “Disclosure Documents”) available under Coro forward-looking statements or information. Forward-looking Mining Corp.’s company profile on SEDAR at www.sedar.com. Each statements include without limitation, statements regarding the Disclosure Document was prepared by or under the supervision of a company’s plans, goal or objectives and future completion of mine qualified person (a “Qualified Person”) as defined in National feasibility studies, mine development programs, capital and Instrument 43-101 – Standards of Disclosure for Mineral Projects of operating costs, production, potential mineralization, resources and the Canadian Securities Administrators (“NI 43-101”). For readers to reserves, exploration results and future plans and objectives of Coro fully understand the information in this presentation, they should Mining Corp. Forward-looking statements can generally be read the Technical Reports (available on www.sedar.com) in their identified by the use of forward-looking terminology such as “may”, entirety, including all qualifications, assumptions and exclusions that “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, or “ relate to the information set out in this presentation which qualifies continue” or the negative thereof or variations thereon or similar the Technical Information. Readers are advised that mineral terminology. There can be no assurance that such statements will resources that are not mineral reserves do not have demonstrated prove to be accurate and actual results and future events could economic viability. The Disclosure Documents are each intended to differ materially from those anticipated in such statements. be read as a whole, and sections should not be read or relied upon Important factors that could cause results to differ materially from out of context. The Technical Information is subject to the expectations include risks associated with mining generally and pre- assumptions and qualifications contained in the Disclosure development stage projects in particular. The company is an Documents. All Dollar amounts in this presentations are US Dollars exploration, development & mining company. Many references to unless otherwise stated. resources and other geological and technical information contained herein have not been verified by an independent expert and are Sergio Rivera VP Exploration of Coro Mining Corp, a geologist with either not in accordance with the requirements under National more than 35 years of experience is the Qualified Person for the Instrument 43-101 or have not been prepared in accordance with a purposes of NI 43-101 and has approved this written disclosure. preliminary or final feasibility study. Potential investors should conduct their own investigations as to the suitability of investing in

  3. WE WE ARE COR ORO O Copper Chile Exploration

  4. THI HIS IS MARIMACA Location Geology Resource

  5. Location: Prime jurisdiction

  6. Location: Close to infrastructure 27km 25km 22km population 10,000 altitude 1,000 metres 14km 16km 40km 60km population 400,000

  7. Geology: An overlooked opportunity Mantos de la Luna Michilla MARIMACA MEJI JILL LLONE ONES Mantos Blancos ANT NTOF OFAGA GASTA

  8. Geology: Surface Lithology Structures Hanging Wall alteration 200 m

  9. Geology: Geochem

  10. Resource: Land strategy MARIMACA Owned 51% To 75% with plant +25% tbc LA ATÓMICA Optioned November 2017 $6 million CEDRO/OLIMPO Optioned January 2018 $6.5 million ATAHAULPA/TARSO SIERRA/SORPRESA Acquired September 2018 $6 million

  11. Resource: Exploration program Marimaca La Atómica Atahualpa Tarso Sierra Sorpresa Olimpo Cedro - - - Q3 ’18 Q4 ’18 Q4 ’18 Q1 ’19 Q1 ’19 Mapping & Sampling - Q3 ’18 Q4 ’18 Q4 ’18 Q4 ’18 Q1 ’19 Q1 ’19 Q1 ’19 Access & Platforms - Q4 ’18 Q4 ’18 Q1 ’19 Q1 ’19 Q2 ’19 Q2 ’19 Q2 ’19 Drilling Starts - 79 63 19 18 12 16 15 Drilling (holes) - 18,270 25,500 5,300 4,200 3,000 4,400 4,150 Drilling (metres) - Q4 ’18 Q1 ’19 Q2 ’19 Q2 ’19 Q2 ’19 Q2 ’19 Q3 ’19 Drilling Results - â â â Q2 ’19 Q2 ’19 Q2 ’19 Q3 ’19 Preliminary Reports Phase I Q2 2018 Estimate Resourc e Phase II 2H 2019 Phase III Estimated 2020

  12. Resource: Expansion 1 1 , , 4 4 Phase III (scout drilling) 0 0 0 0 m m Planned mid-2019 61 holes / 22,500 metres Phase II Late 2018 to mid-2019 161 holes / 49,070 metres Increased from 121 holes / 29,610 metres Phase I 2016-2018 27,500 metres Approximate Phase I area Approximate known Phase II extensions

  13. Resource: Expanding sections NW SE 1,400 m WSW ENE 700 m

  14. Resource: Expanded section (ii) … Extended Marimaca resource Original Marimaca 1-23 resource NW SE 1,400 m

  15. Looking northeast to Marimaca

  16. Rock walls at Atahualpa

  17. RC Drilling at La Atómica

  18. Marimaca brochantite

  19. INV NVEST Project Growth Corporate Near surface, open pittable copper Completed Phase I, NI43-101 Strong and supportive international oxide project, located close to resource: 76Mt at 0.51% CuT. shareholder base with well regarded established infrastructure in northern Consolidated area land package and private equity and institutional Chile, a tier-one copper mining funded exploration program shareholders. No debt, warrants or jurisdiction. generating positive expanded royalty financing. Phase II resource growth.

  20. Invest: Corporate overview Capital Structure C$0,12 Stock Exchange TSX “COP” Market Cap C$160 million (C$0.11 share price) Shares Out 1,455,388,294 C$0,10 Options Out 51,365,410 Cash US$14.5m (Dec 31, 2018) Debt $0m Shareholders Greenstone 55.6% C$0,08 Tembo 15.7% Mackenzie 5.3% Board C$0,06 Colin Kinley Independent Chairman Petra Decher Independent Director Tim Petterson Independent Director C$0,04 Michael Haworth Director Alan Stephens Director Luis Tondo Executive Director C$0,02 Management Luis Tondo CEO Leonardo Muñoz CFO Sergio Rivera VP Exploration C$0,00 Nick Bias VP Corporate Development ene. 19 feb. 19 mar. 19 abr. 19

  21. APPEND NDICES END

  22. Phase I: Marimaca 1-23 Mineral Zones CuT (%) Block Model CuT Range Chrysocholla Brochantite Wad 200m 200m Total Resource Summary (NCL 2018) COG Measure & Indicated Inferred Measured, Indicated & Inferred Tonnes (000s) %CuT M Tonnes %CuT %CuS M Tonnes %CuT %CuS M Tonnes %CuT %CuS 0.1 58.6 0.55 0.37 17.3 0.36 0.21 75.9 0.51 0.33 384.6 0.2 46.8 0.65 0.44 11.0 0.48 0.28 57.8 0.62 0.41 357.0 0.3 37.4 0.75 0.52 7.7 0.58 0.34 45.1 0.72 0.49 352.2

  23. Phase II: La Atómica drilling & underground sampling

  24. Phase II: La Atómica: Third batch drilling

  25. Phase II: Atahualpa drilling

  26. Phase II: Atahualpa northwest southeast section looking northeast

  27. Phase II: Atahualpa third batch drilling

  28. [END]

Recommend


More recommend