Corporate Presentation - Miramont Resources Corp€¦ · Toquepala: 2,226 Mt - 130,000 tpa Cu...

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Corporate Presentation 2019

Transcript of Corporate Presentation - Miramont Resources Corp€¦ · Toquepala: 2,226 Mt - 130,000 tpa Cu...

Corporate Presentation2019

FORWARD LOOKING STATEMENT

This presentation is intended to be strictly informational. The Company reserves the right, at its sole discretion, to modify all or any part of this presentation without any liability or notification to any person. This presentation includes statements which may be considered forward-looking. These forward-looking statements are based largely on the expectations of management of the Company as at the date hereof and are subject to uncertain events and circumstances which are beyond the control of the Company. Actual results could differ materially from those anticipated. You acknowledge that any reliance on or use by you of this information shall be at your own risk. In no event shall the Company, its directors, officers, employees, agents or advisors be liable for any damages of any kind arising out of or relating to the use of this presentation, including, but not limited to, any of loss of income or profits, incidental, special, indirect or consequential or any similar losses or damages, whether or not advised of the possibility of damages, and on any theory of liability, arising out of or in connection with the use of the information contained herein. This document does not constitute, nor should be construed as, an offer or solicitation of an offer for the purchase of any securities of the Company, nor investment advice or an offering memorandum. Readers should review all of the Company’s public disclosure including the technical report on its property. No securities commission or similar authority or stock exchange in any jurisdiction has in any way passed on any of the information contained herein.

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COMPANY OVERVIEW

Miramont Resources (CSE:MONT) is a Canadian-based exploration company with a focus on acquiring and developing highly prospective mineral prospects within world class belts of South America.

The company’s key holdings are located in southern Peru. The Cerro Hermoso property hosts a 1.4 km diameter breccia pipe targeting Au, Ag and Cu, Pb and Zn, while the Lukkacha property is host to a large alteration system typical of major porphyry copper deposits.

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AN EXPERIENCED TEAM WITH A

HISTORY OF SUCCESS

Bill Pincus, M.Sc., P.Geo. - CEO, President & Director Mr. Pincus has 40 years of experience as a geologist, consultant and executive in the minerals industry. He has held senior positions in FMC Gold (later Meridian), Sunshine Mining and various junior companies. Starting in 2002 he formed Esperanza Resources and served as CEO/President. Esperanza successfully discovered two deposits in Mexico and Peru before its acquisition by Alamos Gold. He has extensive Peruvian experience having lived and worked there for over 25 years

Dr. Quinton Hennigh, PhD, P.Geo. - Chairman, Director Dr. Quinton Hennigh is an economic geologist with more than 25 years of exploration experience with major gold mining firms, including Homestake Mining, Newcrest Mining and Newmont Mining. Currently, Dr. Hennigh is President and Chairman of Novo Resources Corp and serves as a director for Irving Resources Inc., TriStar Gold Inc., Precipitate Gold Corp and NV Gold Corp.

Tyson King - Vice President, Director Mr. King has over 10 years experience in the management of junior companies within the commodities and natural resource sector. He has been actively engaged in overseeing the day-to-day operations of numerous companies where he specialized in marketing and corporate development. Peru. Mr. King holds a BA in Economics from the University of Calgary and is a founder of Miramont.

Dale Peniuk – DirectorMr. Peniuk is a Chartered Professional Accountant (CPA, CA) and corporate director. Mr. Peniuk has a B.Comm from the University of BritishColumbia and received his Chartered Accountant designation from the Institute of Chartered Accountants of British Columbia. He spent more than20 years with KPMG LLP and predecessor firms, the last ten years as an Assurance Partner with a focus on mining companies. Mr. Peniuk currentlyserves as a director of Capstone Mining Corp. and as a director and Audit Committee Chair of Lundin Mining Corporation and Argonaut Gold Inc.

Gerry Shields - DirectorMr. Shields was engaged in the practice of law from 1979 through 2006 in Ottawa, Calgary and Vancouver, specializing in corporate/commercial law, corporate finance and securities, and mergers and acquisitions. Mr. Shields was a founding shareholder of Rainy River Resources Ltd., a TSX listed gold exploration company and was engaged as Vice President, Administration in 2009. Mr. Shields also served as President of Ryland Oil until its sale to Crescent Point Energy in 2010.

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TWO EXCELLENT PROSPECTS

Cerro Hermoso – Drilling Underway

Target: Au, Cu, Ag, Pb, Zn

Location: SE Peru along regional trend of epithermal & CRD deposits.

Deposit Target: Bulk tonnage Au,Cu – Ag, Stockwork system and Limestone replacements.

Property Size: Comprised of 4 concessions covering 1887 hectares.

Access: Year round access via two lane highway connecting Arequipa and Juliaca.

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LukkachaTarget: Copper

Location: SE Peru along regional trend of giant southern Peru Cu deposits.

Deposit Target: Cu Porphyry Deposit.

Property Size: Comprised of 7 concessions covering 4400 hectares.

Access: Paved and all weather road.

CERRO HERMOSO OVERVIEW

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• 1887 Ha. covering 4 concessions.• 60 kms from Major trade city Juliaca. • 6 kms from the supply town of Santa

Lucia. • Year round access via two lane highway.

CERRO HERMOSO IS WITHIN A WELL-KNOWN

MINING REGION

Located along regional trend of CRD & Epithermal deposits.

10 kms NW

Ciemsa’s Tacaza Cu Mine.

8 kms East

RTZ/Valor’s Berenguelamantos Project containing ~564M lbs Cu and ~93M Oz Ag.

55 kms South

Buenaventura’s “San Gabriel” breccia pipe Au, Cu, Ag project (2.2M oz Au eq.).

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Cerro Hermoso lies between two active mines in the Santa Lucia district. The district is known for gold, silver and copper.

2017 systematic mapping campaign revealed high-energy hydrothermal system defined by multiple phases of mineralization

MULTIPLE STYLES OF MINERALIZATION

SHOW LARGE SYSTEM POTENTIAL

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Diatreme – 1400m in diameter on surface

Santa Barbara Mine – operated by Minsur from 1966 - 1990.

Operation targeted high grade vein system on diatreme

perimeter.

THREE LARGE PRIORITY TARGETS HAVE

BEEN IDENTIFIED

Cerro Hermoso Priority Targets:

1) Central Breccia Zone - Au, Ag - Volcanic Breccia Pipe - bulk tonnage target. Target size: 500M x 200M

2) Stockwork Zone - Cu, Au, Ag - Extensive stockwork veining in andesites with widespread mineralization on surface. Target size: 500M x 400M

3) Carbonate Replacement Zone – Ag, Cu - Limestones at depth replaced with

sulfide minerals generated by an intrusive-related hydrothermal system.

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2

31

Fault block w/ intrusion and Stockwork Zone

Cerro Hermoso Diatreme

SURFACE AND ROCK CHIP SAMPLES

RETURNED EXCELLENT RESULTS

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Sampling over the Cerro Hermoso

project yielded highly anomalous Gold,

Copper, Silver throughout the

system. The geochemical sampling

combine with geophysical data and

surface geology to define the three

priority drill targets.

Channel Sampling Results:- 43m of 1.79g/t Au- 50m of 1.12 g/t Au

Rock Chip up to 18g/t Au

Rock Chip up to 10 g/t Auand 500g/t Ag

Of 79 samples collected, 67 samples returned over

10g/t Ag

SIGNIFICANT CORRELATION BETWEEN

GEOCHEMISTRY AND GEOPHYSICAL RESULTS

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Coincident magnetic and chargeability (IP) anomalies indicate potential buried intrusion.

Magnetic zone begins at 100mand continues to depth.

Buried Intrusion?

Anomalous Copper zone with rock chip up to 3.9% Cu

Buried Intrusion?

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Further sampling of CRD zone supports potential for high –

grade mineralization. Up to 7.4 % Cu, with 16 of 29 samples over 1000ppm Cu

NEW TARGET – Magmatic Bx Dikes Zone – 300M by 600M. Dikes contain fragments

of intrusive rock rafted from below. Many fragments contain copper and silver

including, native copper, chalcocite and copper oxides.

RECENT SAMPLING AND MAPPING CONFIRMS NEW TARGET ON THE SE PORTION OF THE DIATREME

EXPLORATION MODEL IS WELL-DEFINED

This schematic cross-section of the Cerro Hermoso project shows the relative position of the three priority targets. These are defined by a combination of geochemical and geophysical data, surface mapping and

knowledge of the Diatreme Breccia deposit model.

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CERRO HERMOSO EXPLORATION PLAN

Completed: • Detailed mapping

• Continue channel sampling and rock-chip sampling

• Perform ground – based IP geophysics

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Ongoing:• 3500 - 5,000 meter diamond

drilling program is now underway

LUKKACHA – PROPERTY LOCATION

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• 4400 Hectares in SE Peru.• A World Class Copper Producing District.• Located 2 hrs from Tacna, a major city in

southern Peru.• 8 kms from supply town of Tarata.• Property is accessed by all weather road.

LUKKACHA – HUNTING ELEPHANTS IN

ELEPHANT COUNTRY

Lukkacha is located along trend of the largest and most productive copper deposits in Peru.

Cerro Verde: 3,900 Mt - 450,000 tpa Cu

Cuajone: 2,075 Mt - 190,000 tpa Cu

Toquepala: 2,226 Mt - 130,000 tpa Cu

Quelleveco: 950 Mt @ 0.63% Cu

• A NW-striking belt of copper deposits aligned near the Incapuquio Fault.

The geologic setting at Lukkacha is similar to the nearby Toquepala Mine Complex, one of Peru’s largest copper mines.

• Lukkacha is located 50km SE of Toquepala

Proximity to border requires special government approval. The application has been submitted

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LUKKACHA – A NEW PORPHYRY SYSTEM

Classic setting for a major buried porphyry Cu deposit.

Typical porphyry alteration (propylitic/phyllic) is well defined over three square kilometers.

▪ Indicates near top of mineralized zone.

▪ Alteration is coincident with anomalous Cu and Mo rock-chip samples.

▪ Zones of intense stockwork and sheeted veins show evidence of extensive hydrothermal activity

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Tourmaline Breccia body occupies west margin of phyllic alteration zone

Zones of sheeted veins many 10’s of meters wide strike ENE, a common

mineralized trend in this part of Peru.

ANOMALOUS CU VALUES ARE COINCIDENT WITH CLASSIC

HALO-LIKE PORPHYRY ALTERATION ZONES

Well defined system with anomalous Cu, Mo, Potassium, Bismuth and Zinc over core target region. Similar host rock and alteration leaching to nearby Toquepala Mine complex

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ZONES OF INTENSE SHEETED VEINS INDICATE

STRUCTURAL PREPARATION

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ZONES OF CLASSIC STOCKWORK VEINING, LIKE THESE FOUND AT

LUKKACHA, ARE COMMON IN REGIONAL PORPHYRY DEPOSITS

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LUKKACHA EXPLORATION PLAN

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Planned:• Geophysics survey

• Community Relations and Supreme Decree

Completed:• 1:20k Scale mapping of entire

concession block• 1:5000 scale detailed mapping and

geochemical sampling

COMPANY OVERVIEW

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Overview

Symbol: CSE: MONTOTCQB: MRRMF

Outstanding shares: 54,814,795Options: 2,320,000

Warrants: 20,000,033*4,716,498**

Fully Diluted: 79,431,326

Management & Insiders Ownership:~30%

* exercise price of $0.45. Expiration date Nov 14,2019** exercise price of $0.50. Expiration date Jan 31,2021

CONTACT

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For more information, please contact:

Miramont Resources Corp

CSE:MONT

www.miramontresources.com

[email protected]

+1.604.398.4493