New Copper Gold Porphyry District. Corporate Presentation December 2015 TSX.V: CDB OTC US: CDBMF

Transcription

1 New Copper Gold Porphyry District Corporate Presentation December 2015 TSX.V: CDB OTC US: CDBMF

2 Forward Looking Statement These presentation slides (the Slides ) do not comprise a prospectus or other form of offering document relating to Cordoba Minerals Corp. ( the Company ), and do not constitute an offer or invitation to purchase or subscribe for any securities of the Company or any other company and should not be relied on in connection with a decision to purchase or subscribe for any such securities. The Slides and the accompanying verbal presentation do not constitute a recommendation regarding any decision to sell or purchase securities of the Company or any other company. Your attention is drawn to the risk factors set out below. This presentation may contain forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, and other related matters. Forwardlooking statements address future events and conditions and therefore involve inherent risks and uncertainties. The Company s current projects in Colombia are at an early stage and all estimates and projections are based on limited, and possibly incomplete data. More work is required before geological and economic aspects can be confidently modeled. Actual results may differ materially from those currently anticipated in this presentation. No representation or prediction is intended as to the results of future work, nor can there be any guarantee that estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be economic. The Slides and their contents are directed only at persons who fall within the exemptions from applicable securities laws and persons to whom distribution may otherwise lawfully be made. Any investments, investment activity or controlled activity to which the Slides relate is available only to such persons and will be engaged in only with such persons. Christian Grainger, P.Geo. is a qualified person under National Instrument and have reviewed the technical information contained herein. 2

3 Investment Highlights Sheeted veins and Cu mineralization Alacran Advanced Stage Discovery 13,000 metres of drilling and a non-ni inferred resource of 37M tonnes at 0.62% Cu and 0.40 g/t Au Additional High Grade Discoveries 101 1% Cu and 0.65 g/t Au Montiel % Cu and 0.51 g/t Au Costa Azul Near infrastructure and operating open pit mines Partnership with Robert Friedland s HPX 3

4 Capital Structure Share Capital Share Price Performance YTD Symbol (TSX-V) CDB Shares Outstanding 79.4 Million Warrants ($ $1.50) 24.5 Million Market $ 0.12 $9.5 Million Insider Ownership ~ 45% Large Shareholders: HPX (Friedland) (25%) Geologic (2%) BlackRock (2%) Minatura (14%) 4

5 Partnership with Robert Friedland s HPX Equity investment of $2.5 million for 19.9% interest in Cordoba. Joint Venture terms include: Phase 1 $6 million for a 25% interest Phase 2 $10.5 million for a 51% interest Phase 3 carry to feasibility for a 65% interest HPX has the right to fund 50% of the Company s equity needs and has the right to increase its ownership to 46% of the outstanding shares in Cordoba HPX backstopped Cordoba s $1.6M financing to acquire Alacran and recently purchased 2 million shares in the market Strategic relationship established to review projects and opportunities in Colombia 5

6 Management Team Mario Stifano President and CEO Over 12 years of experience in the mining sector, having raised over $600 million in project financings. Former CFO of Lake Shore Gold and Ivernia Inc. with projects moved from exploration to commercial production Cybill Tsung Chief Financial Officer CPA and CA with over 14 years of diverse international experience in TSX and TSXV-listed companies with a mining focus. Former CFO of Sabre Metals Inc. and Corporate Controller for Andina Minerals Inc. Christian Grainger Vice President, Exploration More than 15 years of experience as a geologist in Latin America, Australia and West Africa, specializing in grassroot and brownfield exploration, resource definition and development. Former VP Exploration-Regional for Continental Gold and Chief Geologist for Colossus Minerals Claudia Herrara Country Manager Over 15 years of experience administering mining companies in Colombia. Attorney at Law and Economist specializing in contracts, government and environmental issues. Recently appointed to the Board of Directors of the National Mining Association of Colombia Vic Wall Special Advisor Over 30 years of international geological experience. Former Chief Geologist for MIM Exploration and VP Exploration of Colossus Minerals. Co-winner of the Goldcorp Challenge in 2001 and special advisor to Continental Gold Corp 6

7 Strong and Experienced Board David Reading Interim Chairman CEO of Aureus Mining Plc and former CEO of European Gold Fields and general manager African exploration for Randgol Ignacio Rosado Director CEO of Volcan a large Peruvian Zinc and Silver producer and former CFO of Hochschild Mining Eric Finlayson Director Geologist with 30 years of experience including 5 years as head of exploration for Rio Tinto Beatriz Uribe Director Former CEO of Mineros S.A. Colombian s largest gold producer with 200,000 ounces of production Bill Orchow Director Former CEO of Revett Minerals Inc. and prior CEO of Kennecott Minerals Co from 1994 to 2002 (Rio Tinto) Tod Turley Director A former corporate securities lawyer, currently COO of Minatura International LLC William Katzin Director A Chartered Accountant and Partner at Campbell Saunders & Co 7

8 Copper Gold Porphyry Discovery in a World Class Discovery World class Mid Cauca Gold Belt hosts +50 Million oz of gold (M&I + INF) and large copper discovery* San Matias Project is the newly discovered northern extension of the prolific and richly endowed belt Potential very large Cu-Au rich Miocene porphyry district at 100 m elevation in flat country * Cordoba advises that the presence of significant mineralization on these properties is not necessarily indicative of similar potential on the Cordoba property. 8

9 High Potential Regional Setting Two operating open pit mines nearby Cerro Matoso (South32): Ni-laterite mine and ferro-nickel smelter Carbon del Caribe (Argos): openpit coal operations Infrastructure including power and paved national highway and roads $450 Million Electrical Interconnection Project with Panama - transmission line from the Cerromatoso substation to the Panama II substation Puerto Libertador airport located approximately 15 km away 9

10 New Copper Gold District Three parallel 13 km north-south trending structures The Skarn trend is highlighted by Alacran a copper gold discovery with 13,000 metres of drilling Main Porphyry trend hosts multiple porphyry intrusive centres (Montiel and Costa Azul) with large high grade gold targets east of the trend Numerous artisanal open-pit and underground mining areas 10

11 Alacran Copper Gold Discovery Skarn deposit with a non-ni inferred resource of 37 million tonnes at 0.62% Cu and 0.40 g/t Au Copper-gold mineralization is composed largely of chalcopyrite pyrrhotite with associated magnetite High temperature biotiteamphibole-k feldspar alteration indicates mineralization is proximal to a source intrusion Mineralization can be traced over 1,300 metres with local thickness greater than 80 metres 1,300m N 1,300m 150m 11

12 Alacran Copper Gold Discovery 13,000 metres of drilling with a planned 3,000 metre drill program commencing in Q Objective to increase resources at depth and on strike with a targeted NI for H Drilling highlights include % Cu and 0.25 g/t Au % Cu and 0.45 g/t Au % Cu and 0.41 g/t Au % Cu and 0.74 g/t Au % Cu and 0.19 g/t Au 12

13 Alacran Option Agreement Cordoba will acquire a 100% interest in the Alacran property on completion of the following terms: A US$250,000 payment to OMNI on signing of the LOI and additional US$250,000 payments on completion of the Definitive Agreement and 24-month anniversary of signing the LOI A 3,000-metre drill program to commence within 90 days and completion of a total of 8,000 metres within two years of signing the LOI A US$1,000,000 payment to OMNI on the 24-month anniversary of completion of the Definitive Agreement Cordoba will file with the Colombian government for the relevant approvals to conduct activities of construction and commercial production at Alacran before June 30, 2018 A US$14,000,000 payment to OMNI when the environmental license and all other approvals, permits or licenses required to commence the construction and operation at Alacran are been granted OMNI will retain a 2% net smelter royalty with advance royalty payments of US$500,000 commencing three years after receipt of approvals to commence construction or six years after filing for approval to commence construction at Alacran When the partnership with HPX enters into the JV phase the Alacran property will form part of the Joint Venture 13

14 Montiel Copper Gold Porphyry Discovery Drilling has located extensions to the known outcrop Large volumes of various porphyry phases significantly increasing the target size Western outcrop of porphyry related sheeted veining with current drilling to the west to identify porphyry intrusion Drilling highlights include % Cu and 0.65 g/t Au % Cu and 0.60 g/t Au Cu and 0.33 g/t Au 14

15 Costa Azul Porphyry Discovery First phase of diamond drilling intersected large widths of copper gold mineralization Cu and 0.32 g/t Au % Cu and 0.51 g/t Au Copper gold is associated with quartz-magnetite-chalcopyritepyrite-bornite sheeted and stockwork veining Mineralization remains open to the north and west 15

16 Regional Targets and Prospecting 13 km linear north-south trending structures Costa Azul-Buenos Aires a major 3.4 km trend where 87 m at 0.62% Cu and 0.51 g/t gold drilled at Costa Azul and 4% Cu with LREE s and Uranium sampled at Buenos Aires Cano Pepo 2 km trend from Main Prophyry trend to artisanal quartzpyrrhotite-chalcopyrite vein mineralized zones Betesta target is 2 km of anomalous gold rich stream sediment samples to 4.7 g/t 16

17 Exploration Program Completed ground magnetics in Q3 Sulphide and magnetite from higher grade early and intermidiate phases at Montiel will be distinguisable with combined magnetics and Typhoon Commence HPX Typhoon IP early Q Provides better quality primary signal, for higher resolution, larger scale and deeper detection than existing technologies Commence a 4,000 metre diamond drill program in Q at Montiel 17

18 Regional Scale Potential First to apply for additional ground in Cordoba ahead of the announcement of our copper discovery Cordoba Minerals has effectively locked-up all the prospective ground Cordoba also applied for areas prospective for coal and coal seam gas ahead of the announcement of the partnership between Colombia and Panama to build the coal plant 18

19 Planned Exploration Program and Catalysts Commence 3000m Diamond Drilling Program at Alacran Started Commence Typhoon Program at San Matias Early Q Release Drill Results for Alacran Q Commence 4000m Diamond Drilling at Montiel Target Q Initial NI Resource for Alacran Early 2H 2016 Release Drill Results for Montiel Target Q

20 Invest in Colombia Colombia has never expropriated or nationalized a business in the country s history 3rd largest economy in Latin America with a stable democracy (oldest South American democracy) National mining law permits foreign investors and corporations to have the same rights as Colombian individuals and corporations President Juan Manuel Santos declared the mining sector as one of Colombia s five main drivers for growth for the Prosperity for All program Received US$16 billion in foreign direct investments in annual average GDP growth of 4.5% Over 400 multinational companies operating in Colombia and is considered to have the best investor protection in Latin America according to the World Bank Member of the Pacific Alliance Large educated and skilled work force 20

21 Contact Information Mario Stifano President and CEO 181 University Avenue, Suite 1413 Toronto, Ontario M5H 3M