Montero Mining and Exploration Ltd. · TSXV:MON
Montero Mining and Exploration — Investor Presentation (March 2021)
30 slides from Montero Mining and Exploration's investor presentation, March 2021
Slide 1: Discovering Gold in Chile
TSX.V: MON Discovering Gold in Chile Corporate Presentation March, 2021 1 DISCOVERING GOLD IN CHILE | TSX.V:MON
Slide 2: Disclaimer
Disclaimer This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than statements of historical fact, that address events or developments that Montero expects to occur, are forward-looking statements. "Forward-looking
Slide 3: A Gold Exploration Company in the Drill Discovery Phase
“A Gold Exploration Company in the Drill Discovery Phase” Advancing the Isabella Gold Project Significant 88 km2 land position Southern Chile underexplored Outstanding Exploration Potential Multi million ounce gold potential Significant high grade gold & silver values on surface Project never been d
Slide 4: Board of Directors
Board of Directors DR. TONY HARWOOD 36 years as an Economic geologist President & CEO, Director 36 years of exploration and mining experience Former President & CEO of Africo Resources Ltd., Executive Chairman Universal Coal PLC; VP Global Generative Exploration, Placer Dome Inc. ANDREW THOMSON Entr
Slide 5: Discovery and Management Team
Discovery and Management Team DR. TONY HARWOOD SHERI REMPEL MICHAEL COREY MARCIAL VERGARA KANGI MAKIYAMA President & CEO - Geologist Chief Financial Officer Consulting Geologist & QP Project Geologist & QP Country Administrator 36 years of experience 25 years of senior 35 years of global mineral >30
Slide 6: Capital Structure
Capital Structure Shares issued 38,647,485 33% 24% Retail Board & Warrants 8,333,332 Management Stock Option 3,280,000 Fully diluted 50,260,817 18% 25% High Net Investment Dealer Worth TIGHT CAPITAL STRUCTURE, SIGNIFICANT INSIDER OWNERSHIP 6 DISCOVERING GOLD IN CHILE | TSX.V:MON
Slide 7: Isabella Gold-Silver Project
Isabella Gold-Silver Project Background Acquisition of Chilean company with property portfolio >C$ 2 million in exploration spent to date Yamana Minera Montero takes over previous agreements & obligations Florida Mine Montero expands the initial claim position Phase 1 drilling program underway waiti
Slide 8: Excellent Access and Local Infrastructure
Excellent ExcellentAccess Access and andLocal Infrastructure Local Infrastructure 4 hour drive No restriction highway from Santiago on water use 30 minutes from Hualane Year round ability and 1.5 hours from city of Talca to work All weather road Drilling permits access to property and surface rights
Slide 9: Isabella Gold-Silver Project: Property Interest
Isabella Gold-Silver Project PROPERTY INTEREST - 8,831 HECTARES Isabella West: N Montero holds an 85 % interest in 3,875 ha with an option to obtain 100 % by making a cash payment of US$ 100,000 by June 2021 Isabella Isabella Isabella New Claim West East Oriental Applications Isabella East: Montero
Slide 10: Year Round Exploration Infrastructure, Climate and Topography
Year Round Exploration Infrastructure, Climate and Topography Altitude: maximum 600 meters amsl Infrastructure: excellent – available tar and dirt roads provide direct access Climate: temperate with 4° Celsius winter, 30° Celsius summer Rainfall: 4 mm per month summer, 146 mm per month winter. No sn
Slide 11: High-Grade Au-Ag Mineralized Quartz Veins
High-Grade Au-Ag Mineralized Quartz Veins Initial Drill Program Completed Main drill targets: Structurally controlled quartz vein arrays containing gold & silver Previous work: Geological mapping, grab and trench sampling and geophysics Montero geologists: reviewed and confirmed the data with additi
Slide 12: Isabella Geology
Isabella Geology COASTAL RANGE OF SOUTHERN CHILE Interpreted structures Mesozoic suite of intermediate intrusions, clastic sediments and volcaniclastics N Porphyritic Granite Orogenic & Intrusive Related Gold Systems Maule Region hosts numerous gold Fine grained occurrences but has seen little moder
Slide 13: High Grade Au-Ag Veins
High Grade Au-Ag Veins N Porphyritic Granite RESULTS OF ROCK CHIP & GRAB SAMPLING OF QUARTZ VEINS 310 surface samples taken* 30 % (96) provided values > 0.5 g/t Au eq* 17 % (53) provided values > 3.0 g/t Au eq* Electrum identified* Metasediments Geological Mapping: 67 km2 completed Geophysics: 101 l
Slide 14: Vein Systems Identified Along 25 km of Granite Contact
Vein Systems Identified Along 25 km of Granite Contact High grade Au-Ag quartz veins with visible gold hosted within dominant NNW and NE structural trends Extensive system of quartz veins within granite along contact with sediments Parallel & individual veins up to 5 m wide over a combined 25 km len
Slide 15: Isabella Magnetic Survey Image
Isabella Magnetic Survey Image E-W Structural Trend N Porphyritic Granite Leucogranite Map Area N-E Structural Quartz Vein Trend Mapped Area of Surface Fe-oxide & Breccias N-W Structural Quartz Vein Trend 101 line km UAV magnetic survey completed Elevated Au-Ag values in quartz veins are located pro
Slide 16: Isabella Drill Program – Priority Targets
Isabella Drill Program – Priority Targets Phase 1 Program (commenced Q4 2020) Initial drilling on Priority Targets in Isabella East and Isabella West Follow up drilling on Priority Targets to take to Phase 2 drilling Initial drilling on potential sediment-hosted mineralization associated with zones
Slide 17: Target A
1.1 / 5.2 Target A N Area of multiple sheeted quartz veins with Au & Ag 0.4 / 1.9 mineralization Strike length of 600 m Surface samples* from quartz veins assayed up to: 1.42 g/t Au over 12 m; 8.5 g/t Au, 11.2 g/t Ag & 7.5 g/t Au, 16.8 g/t Ag incl. 3.53 g/t over 3 m Trenches over vein strike length
Slide 18: Target B
Target B N N Area of multiple sheeted quartz veins with high values of Au & Ag over a zone 250 m long and 100 m wide Strike length of 250 m Antonia Surface samples* of quartz vein returned up to: Adit 26.76 g/t Au, 31.8 g/t Ag with electrum identified Antonia Mine Adit* underground sampling returned
Slide 19: Target C
Target C N Area of multiple sheeted quartz veins with Au & Ag mineralization 350 m strike length Surface assays* up to 48.6 g/t Au, 83 g/t Ag & 3.6 g/t Au, 263 g/t Ag 4 drill holes for a total of 600 m core targeting mineralized quartz veins over 350 m strike length * Surface rock samples taken from
Slide 20: Target D
Target D N Area of sheeted quartz veins with high values of Au & Ag over a zone 150 m long and 50 m wide 150 m strike length Surface grab samples* from quartz veins assayed up to 12.55 g/t Au, 629 g/t Ag and 2.7 g/t Au, 204 g/t Ag 6.4 g/t Au, 98 g/t Ag over 1m Trench channel*: returned 2.7 g/t Au, 2
Slide 21: Isabella Phase 1 – Drill Program
Isabella Phase 1 – Drill Program Phase 1 drill program totalling 2,600 m N Drilling on 4 Priority Vein Target areas Drilling on Sediment-Hosted Target area Core samples logged and half-core submitted to Andes Analytical Assay in Santiago Legend Quartz vein Drill Hole Locations 21 DISCOVERING GOLD IN
Slide 22: Isabella Phase 1 – Drill Program
Isabella Phase 1 – Drill Program Drilling confirms veins extend to depth Veins associated with zones of leucocratic granite within biotite granite Veins are structurally-controlled hosted within zones of faulting/brecciation Vein textures reflect mineralization in open-space filling Sulphides identi
Slide 23: Upcoming Catalysts
Upcoming Catalysts Q2 Q3 Q4 Q1 Isabella Phase 1 Drilling Isabella Phase 2 Isabella Phase 3 Continue Isabella DRILLING Initial testing of vein targets Drilling Drilling Drilling with follow up drilling Step out-infill drilling phase Potential resource Resource delineation Initial drilling on Sediment
Slide 24: Drill Discovery Phase
DISCOVERY TEAM… FAST TRACKING… OPPORTUNITY… Technically driven gold In-country Chilean Gold at record high team out of majors geological and administrative team Retail demand for drill Experienced in Chile discovery Year-round access for Previously discovered & exploration programs Gold potential of
Slide 25: Thank You
Thank You Dr. Tony Harwood, President and CEO Montero Mining & Exploration Ltd. www.monteromining.com @monteromining DISCOVERING GOLD IN CHILE | TSX.V:MON
Slide 26: Isabella Gold-Silver Project Corporate Structure
Isabella Gold- Silver Project Corporate MONTERO MINING & EXPLORATION LTD Structure CANADA 100% CHILE ISABELLA GOLD Isabella West Isabella East Optionee Optionee 15% 100% 85% Earn In 85% Isabella West SpA Isabella East SpA 100% Isabella West titled Isabella East titled Isabella Oriental titled minera
Slide 27: Isabella Gold-Silver Project – Option Agreements
Isabella Gold-Silver Project – Option Agreements ISABELLA WEST 85 % Ownership with Option to purchase 15 % US$ 100,000 June 2021 Earns 100 % Property owner holds a 1 % NSR – may be purchased for US$ 750,000 within for 4 years or US$ 1 million thereafter ISABELLA EAST Earn-in to 85 % with Option to p
Slide 28: Isabella Project Comparable Deposit: Yamana’s Minera Florida Gold Mine
Isabella Project Comparable Deposit: Yamana’s Minera Florida Gold Mine1 Tonnes Gold Grade Contained Au Proof of Concept that Mesozoic rocks of the Southern Chile Coastal Proven & Probable (000’s) (g/t) oz (000’s) Range host significant Au-Ag polymetallic mineralization Gold 3,202 3.56 366 Structural
Slide 29: Avispa Porphyry Copper Molybdenum Project
Avispa Chug-Chug porphyry Porphyry Copper Molybdenum Project Avispa is located in the north - south trending Paleocene Cu-Mo porphyry belt in the Atacama region of northern Chile Avispa is 13,800 hectares (138 km2) of 100% Avispa Cu-Mo held Exploration Licenses Project Located in the Sierra Gorda-Sp
Slide 30: Tanzania Dispute – Pursuing Resolution and Compensation
Tanzania Dispute – Pursuing Resolution and Compensation The Wigu Hill Rare Earth Element Project (“Wigu Hill” or the “Project”) is a globally significant rare earth element discovery made by Montero in Tanzania. The deposit is located approximately 170km south west of Dar es Salaam, Tanzania. Monter
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