Future Mineral Resources Inc. · TSX:FMR
Future Mineral Resources — Sulliden Gold — Investor Presentation (August 2011)
25 slides from Future Mineral Resources's investor presentation, August 2011
Slide 1: A Growing Gold & Silver Project in Peru
TSX:SUE A Growing Gold & Silver Project in Peru OTCQX:SDDDF BVL:SUE Corporate Presentation - August 2011 www.sulliden.com
Slide 2: Forward-Looking Statements
Forward-Looking Statements Caution regarding forward-looking information: This presentation may include certain “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements other than statements of historical fact, included herein, including, without
Slide 3: Located in Prolific Gold Belt
Located in Prolific Gold Belt The Shahuindo Gold Project is located in a low cost gold belt in Peru 3 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 4: Shahuindo Property
Shahuindo Property Ideal Infrastructure & Logistics Excellent infrastructure +/- 2900 metre elevation Experienced labor force Access to water and power 4 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 5: Continuing Resource Growth
Continuing Resource Growth 1992 744 metres (Algamarca) Accumulated Drilling 1994-96 + 12,175 metres (Asarco) New Drilling 1997-98 + 11,660 metres (Southern Peru Copper) 2003-07 + 15,034 metres (Sulliden - 1st gen.) 2009 + 5,843 metres (Sulliden – New Management) 2010 + 34,339 metres 2011 + 70,000 me
Slide 6: June 2011 Mineral Resource
June 2011 Mineral Resource INDICATED MINERAL RESOURCES Gold Oz. Gold (g/t) Silver Oz. Silver (g/t) Tonnes Oxide (Reported at 0.2 g/t cut-off) 1,776,000 0.50 21,350,000 6.0 111,430,000 Mixed* (Reported at 0.35 g/t cut-off) 195,000 0.78 6,630,000 26.6 7,750,000 Total 1,971,000 0.52 27,980,000 7.3 119,
Slide 7: Metallurgical Test Work
Metallurgical Test Work Feasibility-Level Metallurgical Testwork on Oxides Completed in June 2011 89% gold recoveries obtained from column tests Rapid leach characteristics; 85% gold recovered in first 20 days 15% silver recoveries obtained from column tests Run of Mine Leach Test Program Init
Slide 8: Promising Exploration Targets
Promising Exploration Targets 2011 and Beyond 8 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 9: Promising Exploration Targets
Promising Exploration Targets Soil Sample Mapping 9 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 10: Continuing Resource Growth
Continuing Resource Growth Geological Model of Shahuindo C (See cross-section on slide 8) D Average drill depth = 110 metres Mineralization has reached 400m so far, and could potentially extend to depths of +600m 10 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 11: Continuing Resource Growth
Continuing Resource Growth Exciting Growth Potential for Sulphides at Depth (See longitudinal-section on slide 8) Sulphide portion of the mineral deposit is beginning to develop One hole drilled to 400m confirmed sulphide mineralization at depth Dedicated drill program currently testing sulphi
Slide 12: 2011 Drill Result Examples
2011 Drill Result Examples 12 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 13: 2011 Drill Results – West Zone
2011 Drill Results – West Zone Section 550W 13 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 14: 2011 Drill Results – East Zone
2011 Drill Results – East Zone Section 1050E 14 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 15: Grade Reconciliation Programs
Grade Reconciliation Programs 1 2 3 1. Perpendicular Drill Program (V035) Aim at assessing swarms of high-grade veins running parallel to the typical drilling direction. 2. PQ Twinning Program 20 large diameter holes twinning historical RC holes are currently being drilled to assess a grade-loss iss
Slide 16: Engineering
Engineering PA Results and Feasibility Study Projections Preliminary Assessment Results Feasibility Study Underway (December 2009) (Early 2012) Oxide Mineral Resources Only Oxide Mineral Resources Only $403/oz. cash operating costs +/- $400/oz. cash costs Production of 105,000oz. gold eq. per
Slide 17: Straightforward Processing
Straightforward Processing Heap Leach Process Flow Diagram 15,000 - 22,000 tpd ADR Plant Open Pit Mine (Adsorption Desorption Reactivation) Heap Leach Processing (85% recovery) 17 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 18: Timeline to Production
Timeline to Production Near-Term Production & Continued Exploration 18 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 19: Company Profile
Company Profile TSX:SUE Capital Structure (as at August 24, 2011) Analyst Coverage Share Price $1.71 Gary Baschuk 52-week High/Low $2.78 - $0.63 Average Daily Volume (3 month) 1.0 million Steve Parsons Shares Outstanding: 212 million Richard Gray Fully Diluted 228 million Kerry Smith Market Capitali
Slide 20: 2011/2012 Catalyst Events
2011/2012 Catalyst Events Strategy New Mineral Resource Estimate Completed June 2011 Feasibility level metallurgical test results Completed June 2011 Listing on the Lima stock exchange (BVL) Completed July 2011 Ongoing drill results Every 4-6 weeks North Corridor and deep sulphide hole res
Slide 21: Appendix
Appendix 21 www.sulliden.com TSX: SUE | OTCQX: SDDDF
Slide 22: Management & Board
Management & Board Sulliden Management Team Board of Directors Peter Tagliamonte, P.Eng. MBA, President & CEO Stan Bharti, P.Eng, Chairman Professional Engineer with 25 years experience in Mine Building and Mr. Bharti is a professional engineer and the President and CEO of Forbes & Operations with e
Slide 23: About Peru
About Peru Population of Peru: 29 million (voting population: 19.5 million) One of the fastest growing economies in Latin America For more than 8 years, Peru’s economy has been growing at a rate of 7-8%. In 2010, it grew at the 2nd fastest pace in 16 years (8.7%), with mining investments bring
Slide 24: Presidential Elections 2011
Presidential Elections 2011 Ollanta Humala, President-elect, 2011-2016 Previously served as an army officer Desire to help to create a more equitable framework for distributing the wealth from the country's key natural resources, with the goal of maintaining foreign investment and economic growt
Slide 25: Thank You
Sulliden Gold Corporation Ltd. 65 Queen Street West, Suite 800 Toronto, Ontario M5H 2M5 Tel: +1 (416) 861-5805 Fax: +1 (416) 861-8165 Email: [email protected] Thank You Web: www.sulliden.com For additional information please contact: Peter Tagliamonte, President and CEO Scott Moore, VP Corporate