SALAZAR RESOURCES LTD.

Transcription

1 TSX-V: SRL SALAZAR RESOURCES LTD. CORPORATE PRESENTATION Q Partnered to develop Latin America s next major VMS camp

2 Disclaimer Forward-looking statements: This report includes certain statements that may be deemed forward-looking. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements. Factors that could cause actual results to differ materially from those in forwardlooking statements include market prices, exploitation and exploration successes, availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that actual results or developments may differ materially from those projected in the forward-looking statements. Kieran Downes, P.Geo., a qualified person as defined by National Instrument , has reviewed and verified the technical information in this presentation. 2

3 El Domo NI Resource* Category Cut-off Tonnes Copper Zinc Lead Gold Silver Contained Copper Contained Zinc Contained Lead Contained Gold Contained Silver $ (Mt) (%) (%) (%) (g/t) (g/t) (M lbs) (M lbs) (M lbs) (Kozs) (Kozs) Indicated ,605 Inferred ,450 * Technical Report on the Curipamba Project, Ecuador by Roscoe Postle Associates Inc. filed on SEDAR on February 12,

4 Investment Highlights Major near surface high grade discovery with a NI resource estimate Completing preliminary economic assessment (PEA) on the El Domo property at the Curipamba project Looking to be next VMS producer in Latin America 100% ownership of all properties No NSR royalties Richest combined metal grades of all VMS deposits in the Andes Strategic investors including: Lundin Mining (13.5%), Trafigura (13%) and Silvercorp Metals (9%) Salazar team instrumental in Ecuador s most significant discoveries including Fruta del Norte (13.7M oz. gold) El Domo remains open in several directions with an additional 10,000m drilled since last resource calculation Only 20% of Naves Central Zone has been explored, with 8 additional high priority anomalies to be drill tested An entire under-explored VMS District in Latin America 4

5 Share Structure As of August 16, 2013 TSX-V Symbol Shares Outstanding Options Outstanding Warrants Outstanding Fully Diluted FD Market Capitalization (C$mm) SRL 53,567, ,500 6,582,728 61,117, m Management Trafigura Lundin Mining Silvercorp. Metals Warrants Expiry Date $0.65 Feb. 2, 2014 $0.40 Sept. 26, 2014 $0.35 Dec. 10, 2014 Float 5

6 Key Personnel Fredy Salazar, President & Chief Executive Officer M.Sc., 27 years experience, Newmont Exploration, original work on Fruta del Norte Pablo Acosta, Chief Financial Officer CPA, Private company experience, 7 years with Salazar Francisco Soria, Ing., Exploration Manager 22 years geological experience, 8 years with Newmont, specializing in South America Kieran Downes, Ph.D., P.Geo, Qualified Person Over 40 years diversified experience in gold, base metals, uranium and diamond exploration Nick DeMare, Corporate Secretary CA, President of Chase Management, Director of public companies Jim Franklin, Ph.D., FRSC, P.Geo, Technical Consultant Exploration geologist with 40 years of experience, focusing on the discovery of base metal, uranium and gold deposits Juan C. Ortiz, B.Sc., M.Eng, Director Corporate project manager of the mining division of Trafigura Group James Mayor, Technical Consultant 43 years in the Mining-Exploration Industry, 37 years with Newmont Mining Corporation Graeme D Robinson, Director 43 years experience, 20 years operation and development, projects in Asia, North America and South America Warren Pratt, Ph.D., P.Geo, Technical Consultant 25 years experience, worldwide Consultant, expert in mapping Etienne Walter, Director Honorary Consul General of the Republic of????? Ecuador 6

7 Project Portfolio Flagship Project: RUMINAHUI PROJECT Curipamba VMS Camp CURIPAMBA PROJECT Other Projects: Santiago - Hydrothermal Au and porphyry Cu-Au MENDEZ PROJECT Rumiñahui - Au quartz stockwork Mendez - Cu-Zn-Mo porphyry SANTIAGO PROJECT 7

8 Curipamba Project The Salazar team has discovered a high grade VMS camp with gold-rich Cu-Zn VMS and structural zones. The mineralized body now has a strike length of 850m North South and an East West width of between m, with an average thickness of 10m. The body is sub-horizontal from 50m to 150m below surface. The Company is now completing its PEA at El Domo. 8

9 Curipamba Project 100% owned (30, hectares) Located in the Western Cordillera of Ecuador 2.5-hour drive from Guayaquil 20 km from Pan-American highway and 15km from a power line Host to a new volcanic massive sulphide camp controlled by Salazar 39,190m drilled in 206 holes Extensive drilling has defined an intact, upright and only mildly disturbed Kurokotype VMS deposit No forests or natural reserves in vicinity 9

10 El Domo VMS Deposit El Domo Deposit discovered in 2008 In Las Naves concession, where El Domo Deposit is located, a total of 35,444 m were drilled in 188 holes. El Domo remains open in all directions with an additional 10,000m drilled in 51 holes since last resource calculation in October For the resource estimate made in November 2011, 78 holes and 874 assays were considered (see technical report filed on SEDAR February 1, 2012). 8 high priority geophysical anomalies still to be drill tested around El Domo Deposit. The footwall at El Domo is a classic felsic flow dome complex, very similar to Kuroko, Tasmania and Noranda. 10

11 El Domo Long Section N-S 11

12 Model 3D El Domo Deposit El Domo body of mineralization 12

13 El Domo 3D Wireframe 13

14 El Domo - Drill Hole Highlights Continuing to deliver high grade drill results Several drill holes intersected a massive to semi-massive sulphide mineralization under the andesite sill, several of these with faulted zones. The persistence of the mineralized horizon eastwards beneath the andesite is highly significant as it shows the mineralization is not cut off and there is a significant area yet to be explored El Domo remains open in all directions 14

15 Preliminary Metallurgical Studies Preliminary metallurgy studies show good recoveries Gold and silver deportment studies completed by Surface Science Western on July 18, 2011 indicate that gold occurs in two forms: 61.3% visible microscopic (free) 38.7% sub-microscopic A metallurgical study completed by G&T Metallurgical Services on April 21, 2011 indicated: Preliminary batch testing using conventional flotation processes obtained a concentrate grade of 22% Rougher Flotation method recovered 92% Cu and 57% Zn Cleaner Flotation method recovered 72% Cu and 57% Zn Additional testing in progress 15

16 Geophysical Targets + Potential 16

17 Curipamba VMS District The Curipamba District has excellent potential for additional discoveries: The Curipamba (El Domo) is the mayor hydrothermal centre with VMS (volcanogenic massive sulphide) mineralization in the Ecuadorian Andes Each of these centres should contain a VMS complement similar to that discovered in well developed districts elsewhere, typically containing at least 20 million tonnes, and possibly as much as 50 million tonnes The Curipamba District has the potential of a further cluster of deposits that includes at least one >30Mt The Curipamba district has all of the features of a major district, comparable in metal content to a classic camp such as in the Tasman Orogen or the Superior Province of Canada El Domo may prove to be the most significant deposit. Such camps typically contain a minimum of 6 deposits with economic metal content. One of these is normally the giant, containing more than 30mt of ore. The potential for additional discovery in the Curipamba area is excellent The great extent of breccias present in the El Domo deposit is testament to its being a major deposit in this district A same-scale comparison of selected VMS districts. A 5 km diameter circle around each deposit shows the hypothetical area of influence of proximal-scale alteration about each deposit, all encircled by a dashed line defining the proposed extent of a regional-scale alteration system for each camp Ref.: Observations on the Curipamba Massive Sulfide District, Ecuador Report For Salazar Resources Ltd. by James M Franklin Ph.D., P. Geo August 17,

18 Other Curipamba Targets 1. Sesmo: Hydrothermal Breccia + polysulphides, 39.19/t Au, 741 g/t Ag in Trench 2. El Gallo: 597m drilled in 5 holes, highlighted results: 6.95m@ 4.51 g/t Au, 157 g/t Ag in drill hole 15; 5.80 g/t Au and 66g/t Ag in drill hole Sesmo Sur: 3,746 m drilled in 18 holes; highlighted results: 2.25 g/t Au and 31 g/t Ag in drill hole 01; 2.54 g/t Au and 50 g/t in drill hole La Vaquera: Strong argillic chlorite pyrite alteration in 1.2 x 2.5 km area 5. Agua Santa: Semi massive + jasper float, with anomalous values in Au, Cu and Zn Barranco Colorado: Stockwork of pyrite + sphalerite, with traces of chalcopyrite in dacite rhyolite, and float of jasperpyrite of up to 1m diameter in an area of 0.5 x 1km Coral (Piedras Blancas) : Approx. 2.5 km NE; intense alteration chlorite-argilic (2km x 1km), significant anomalies of Au-Ag-Cu in rocks. Sample N50, 1.01g/t Au; 4.1 g/t Ag; 0.1 % Cu; 0.33 % Zn. 18

19 Community and Social The Community Relations Plan of the company approved by the Ecuadorian State, promotes a sustainable environment of good vicinity in the zone of influence of the project Curipamba, through citizen participation practices and respect to the local identity. This will enable the development of the social participation of the people and organizations and the plan is reflected in the programs, projects and activities in several fields as Education, Health, Sports, among others. In strategic alliance with the Foundation COADE we implemented specialty medical teams. Additionally, we carried out 2 checking ophthalmologic brigades and donation of glasses in Las Naves and San Luis de Pambil with a total of 400 persons from 25 communities, with the support of the Foundation Vista para Todos As part of our Enterpreneur Social Responsibility policy we support the ventures of the community actors with the purpose of maximizing their capabilities, developing their strengths and influence in the welfare of the environment. The company is the main sponsor to the local soccer team Juventud Minera, which is participating in the second category of the national soccer league in representation of the Bolivar Province. 19

20 Appendix: Other projects Santiago Project - Hydrothermal Au and porphyry Cu-Au Rumiñahui - Au quartz stockwork Mendez - Cu-Zn-Mo porphyry Colombian Assets 20

21 Santiago Project 37 km NNW of Loja, area of 2,350 hectares Newmont 1990: 4,578m drilled in 23 holes Comprises a large mineralized hydrothermal system with the upper parts dominated by a rhyolite/dacite intrusive complex displaying intense quartz-alunite alteration. In the Northeast of the concession, a controlled structurally trend of quartz-sulphides characterized to discover gold-silver deposits. Trend NW plus 5 vein - breccia from 1 to 5 m wide with intense mineralization of Au-Ag. Española Vein, (up to 3m wide) ranged from 2.3 to 34.5 g/t Au and from 26 g/t Ag to 230 g/t Ag. 21

22 Santiago Project - Historical work 1993 Newmont Drilling Porphyry Highlights (4578m in 23 holes): Hole # Interval (m) Width (m) Au (g/t) Cu (%) Cu equiv DDH-FU DDH-FU DDH-FU DDH-FU DDH-FU DDH-FU DDH-FU Vein chip sampling highlights: Española Vein: 28.1 g/t Au and 231 g/t Ag 26.0 g/t Au and 242 g/t Ag Structure Quartz-Tourmaline: 0.59 g/t Au, 36.6 g/t Ag and 390 ppm Mo Ribs Zone and Ancha Vein: 1.29 g/t Au and >100 g/t Ag 1.65 g/t Au and >100 g/t Ag Structure Fierro Urco: 4.8 g/t Au and 378 g/t Ag 6.4 g/t Au and 136 g/t Ag 22

23 Previous Drilling Fierro Urco Vein 6.4 g/t Au and 136 g/t Ag 0.36% Cu 0.18%Cu 0.16%Cu 0.21% Cu 0.23%Cu OPEN MINERALIZATION SOURCE: ARMENO MINES & MINERAS INC. 23

24 Rumiñahui Project Highlights: Two concessions that cover a total area of 2,910 hectares of prospective Au-Cu-Ag targets Located approximately 100 km northwest of Quito Main targets identified to date are the original discovery areas previously worked by artisan miners Gold values from rock chip and channel sampling have returned grades of up to 2.7 g/t Au over 55m, 3.4 g/t Au over 8m and 1.3 g/t over 9m 24

25 Mendez Property Highlights: Two concessions that cover a total area of 9,500 hectares in the Province of Morona Santiago Cu-Zn-Mo (Gold) porphyry system Copper mineralization is associated with 2-3% sulphides and multi-directional veinlets in a granodioritic to quartz diorite composition of a complex porphyritic events Mineralization also occurs in schist with strong pyrite mineralization 25

26 Contact Information Av. 10 de Agosto N y Villalengua Edif. Cominesa of. 31, Quito Tel: Ext. 103 info@salazarresources.com 26