Candelaria Mining Corp. · TSXV:CAND.H
Candelaria Mining — Investor Presentation (August 2017)
19 slides from Candelaria Mining's investor presentation, August 2017
Slide 1: Corporate Presentation August 2017
1 MINING 2016 CORPORATE PRESENTATION AUGUST 2017 www.candelariamining.com TSXV : CAND
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Forward-Looking Statements: This presentation contains forward-looking information about Candelaria within the meaning of the Securities Act (British Columbia). Forward-looking statements relate to future events or future performance and reflect Candelaria’s expectations regardi
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS • Strategic Investment by Agnico Eagle ($9.75m CAD for 9.95%). • Caballo Blanco Acquisition – 100% owned (closed July 22, 2016). • Under-explored region of Mexico: – Current oxide resource is contained in one zone. – Indicated Resource of 521,000 oz Au and 2.17 M oz Ag. – Infer
Slide 4: Project Locations
PROJECT LOCATIONS KM66 – Durango Excellent location within the Mexican Carbonate Replacement Deposit (CRD) belt – responsible for ~40% of historical Mexican silver production. Pinos District – Zacatecas High-grade historical gold district; advanced-stage underground epithermal veinsystem. Lucifer Ca
Slide 5: Location & Infrastructure – Caballo Blanco
LOCATION & INFRASTRUCTURE – CABALLO BLANCO ▪ Located 65 km northwest of the port city of Veracruz. ▪ 14 contiguous mining claims covering MEXICO CITY 19,815 hectares (198 sq. km). ▪ Pan American Highway transects the eastern boundary of the project. ▪ Power, water, supplies and materials are readily
Slide 6: Resource Estimate – Caballo Blanco
RESOURCE ESTIMATE – CABALLO BLANCO Caballo Blanco Mineral Resources (0.11 g/t Au Cut-off) (0.11 g/t Cut-off) Gold (Au) Silver (Ag) Tonnes (M) Grade (g/t) Contained Ounces Grade (g/t) Contained Ounces (M) (M) Indicated 31.2 0.52 0.52 2.16 2.17 Inferred 8.6 0.34 0.10 2.15 0.59 DEPOSIT CHARACTERISTICS
Slide 7: Geology – Caballo Blanco
GEOLOGY – CABALLO BLANCO ▪ High sulphidation, fully oxidized epithermal gold zones. ▪ Andesite host rock with very fine Au contained in 4 different ore types: ▪ Vuggy silica ▪ Massive Silica ▪ Polylithic Breccia ▪ Monolithic Breccia ▪ La Paila Zone located on a large magnetic high ring structure tha
Slide 8: La Paila Resource Growth Potential
LA PAILA RESOURCE GROWTH POTENTIAL 8
Slide 9: La Paila Resource Growth Potential
LA PAILA RESOURCE GROWTH POTENTIAL 9
Slide 10: Metallurgy – Caballo Blanco
METALLURGY – CABALLO BLANCO PREVIOUS METALLURGICAL WORK* • Initial bottle roll testing indicates gold mineralization is highly amenable to leaching. • Mineralization is oxidized to at least 300 metre depth. • Mineralization is benign in leaching as there are no deleterious materials. • Indicates low
Slide 11: Conceptual Processing – Caballo Blanco
CONCEPTUAL PROCESSING – CABALLO BLANCO Caballo Blanco Simplified Flowsheet Caballo Blanco Site Overview Coveying, Stacking Carbon in Column Recovery Plant Leach Pad Preg Pond Barren Pond Carbon Stripping Doré Straightforward heap-leach and ADR process expected 11
Slide 12: Exploration Targets – Caballo Blanco
EXPLORATION TARGETS – CABALLO BLANCO Permitting is underway for a 7,500 meter Phase I exploration drill program on four of seven high priority targets in proximity to the current La Paila resources: 1. Highway North 2. Las Cuevas 3. Bandera Norte 4. Bandera Sur 12
Slide 13: Pinos Gold District – Zacatecas, MX
PINOS GOLD DISTRICT – ZACATECAS, MX 13
Slide 14: Pinos Gold District
PINOS GOLD DISTRICT ▪ Acquisition Cost – earned-in to 60% by spending USD$3.5m. ▪ Property - 22 concessions comprising 3,516 hectares in eastern Zacatecas state, Mexico. ▪ Location – 67 km from San Luis Potosi. Paved road to entry of mine. ▪ Geology – Low-sulphidation epithermal Au and Ag. Veins fol
Slide 15: Candelaria's Project Pipeline
CANDELARIA’S PROJECT PIPELINE KM66 The Kilometre 66 property consists of 17 concessions comprising 3,508 hectares situated in eastern Durango state, Mexico. Apolo acquired the property in 1995, and optioned it to Coeur d'Alene Mines in late 1996. Between 1997 and 1998, Coeur d'Alene carried out a co
Slide 16: Capital Structure
CAPITAL STRUCTURE Strategic Partner in Agnico Eagle* (Invested $9.75 million CAD for 9.95% ownership) Capital Structure ($CAD) Current Price (August 1, 2017) $0.90 Shares Outstanding (Basic) 101.7m Market Capitalization $91.5m Warrants @ $0.75 10.3m Options 5.4m Convertible Debt 1) $0.65m 0.18c 2) $
Slide 17: Summary
SUMMARY • Caballo Blanco project envisions a low CAPEX, simple heap-leach open pit mining operation targeting ~100,000 oz/year. • Current oxide gold resource is contained in one zone with excellent recoveries • Deposit remains open to the south, southwest, northeast and at depth. • 7 exploration tar
Slide 18: Board & Management
BOARD & MANAGEMENT MANAGEMENT Curtis Turner MBA – CEO & Director Over 15 yrs in the mining industry including significant experience in Mexico overseeing permitting and technical work. He was was a key member of the team at Argonaut Gold that successfully completed four acquisitions totaling over $7
Slide 19: CAND: TSX.V | CDELF: OTCQX
CAND: TSX.V | CDELF: OTCQX www.candelariamining.com Vancouver Office Suite 1201 – 1166 Alberni Street Vancouver, BC V6E 3Z3 Canada Email: [email protected] Phone: 778-991-5429 Fax: 604-608-4822 19
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