Firestone Ventures Inc. · TSXV:FV.H
Firestone Ventures — Shareholder Meeting (June 2012)
24 slides from Firestone Ventures's shareholder meeting presentation, June 2012
Slide 1: Firestone Ventures Inc. – Pure Zinc-Play Company
FIRESTONE VENTURES INC. PURE ZINC-PLAY COMPANY BUILDING ZINC-LEAD-SILVER TONNAGE IN THE AMERICAS Nevada, U.S.A. Guatemala Resource Expansion and Exploration ANNUAL GENERAL MEETING JUNE, 2012 TSX-V: FV I FSE: F5V I www.firestoneventures.com
Slide 2: Legal Disclaimer
Legal Disclaimer This presentation contains forward looking statements; including in particular, statements about Firestone Ventures Inc.’s plans, strategies and prospects. These have been based on the Company’s current assumptions, expectations and projections about future events. Although the Comp
Slide 3: Company Overview
Company Overview Firestone Ventures is a zinc exploration company focused on identifying mineral opportunities and building zinc-lead-silver tonnage in Guatemala, Central America In Guatemala: Dominant land holder with first-mover status in a historical zinc-lead-silver belt Large land position
Slide 4: Management and Directors
Management and Directors Pamela Strand, M.Sc., P.Geol. – President, Director 25 years’ experience managing public companies, Past President of Shear Diamonds Ltd. Greg Hayes, C.A. – CFO President of Northern Tiger Resources Inc. Lori Walton, M.Sc., G.G., P.Geo. – Director 25 years’ experience managi
Slide 5: Why Zinc?
Why Zinc? FIRESTONE VENTURES INC. Few pure zinc play exploration companies on the market. Work with senior gold companies (Kinross, Goldcorp) to explore their base metal properties. Firestone has defined a zinc-lead-silver resource in Guatemala and has first-mover status in historical zinc bel
Slide 6: Capital Structure (May, 2012)
Capital Structure (May, 2012) Shares Issued: 124,619,757 Recent Share Price: $0.04 Fully Diluted: 155,152,057 52 Wk High/Low: $0.10 / $0.03 Debt: $0 Outstanding Stock Options: Exercise Price Number Value Expiry Date $0.80 1,000,000 $800,000 19-Jun-12 $0.68 285,000 $193,800 19-Jun-12 $0.10 1,335,000
Slide 7: Uses for Zinc
Uses for Zinc 4% 9% Galvanizing (zinc is used as a coating to make steel rust-proof) 54% 9% Die Casting (doors, handles, tools) Brass and Bronze 12% Semi-manufacturers Chemicals (fertilizer, sunscreen) 12% Others (vitamin supplements) Global Demand for zinc is driven mainly by automobile demand and
Slide 8: Zinc Mine Closures
Zinc Mine Closures Several of the world’s major zinc-lead mines are slated to close in the coming five years due to lack of ore. Mine expansions have provided new zinc supply; however most of the expansion projects are finished. The projected mine closures will generate a sharp decline in availabili
Slide 9: Zinc Supply and Demand
Zinc Supply and Demand There are few new sources of zinc supply entering the market. Most zinc mines are underground and are harder to expand than open-pit mines. Of key importance to new zinc mining projects are grade and availability of infrastructure. Firestone Ventures Inc. Torlon Hill Project:
Slide 10: Guatemala, Central America
Guatemala, Central America GUATEMALA Democratic government Underexplored MAJOR MINERAL PROJECTS ESCOBAL Silver Tahoe Resources Inc. MARLIN Gold Goldcorp Inc. – In Production ANFIELD Nickel Advanced Drilling TAMBOR Gold Radius Gold Inc.– In Permitting Stage FIRESTONE VENTURES INC. Torlo
Slide 11: Guatemala, Geology & Mineral Resources
Guatemala, Geology & Mineral Resources ABOUT MISSISSIPPI VALLEY TYPE (MVT) ZINC DEPOSITS Supply 20% of world’s zinc. Guatemala Zinc Belt setting is typical of many globally significant MVT districts (e.g. Iran and China). The geological and geographic La LUNA PROJECT setting in Guatemala is al
Slide 12: Zinc-Lead-Silver Resources
Zinc-Lead-Silver Resources TORLON HILL ZINC-LEAD-SILVER DEPOSIT – GUATEMALA - road accessible, open for expansion Measured & Indicated Oxide Resource: 1.9 million tonnes grading 7.32% zinc, 2.41% lead and 14.25 g/t silver Measured & Indicated Sulphide Resource: 76,054 tonnes grading 3.23% zinc, 2.60
Slide 13: Torlon Hill Facing West
Torlon Hill Facing West 42.5 m of 9.7% zinc (intercept at 55.5 m - buried mineralization on “Bulge” area of high-grade Serpentinite west side of Torlon Hill) zinc on surface 33 m of 21% zinc Permian Carbonate Sequence 9.7 m of 9.1% zinc 53 m of 10.2% zinc Access road TORLON HILL ZINC-LEAD-SILVER DEP
Slide 14: Torlon Hill Deposit (Zinc-Lead-Silver)
Torlon Hill Deposit (Zinc-Lead-Silver) Torlon Hill is an intensely oxidized zinc-lead deposit hosted in Permian dolostone breccia and limestone. The carbonate unit has been tectonically thrust over a serpentinized basement sequence at the boundary between the North American tectonic plate and the
Slide 15: Torlon Hill Drill Intersections
Intersections include: Hole Thickness Zinc Lead Silver TH06-2 33.0 m 22.0% 1.4% 7.5 g/t TH06-13 53.3 m 10.2% 1.7% 13.0 g/t TH06-14 46.7 m 12.5% 0.4% 4.5 g/t TH06-23 22.9 m 11.3% 3.4% 25.0 g/t TH06-27 19.8 m 13.2% 2.9% 20.0 g/t TH06-28 15.8 m 19.5% 2.3% 16.0 g/t TH06-41 25.6 m 10.1% 3.8% 15.0 g/t TH0
Slide 16: Metallurgical Testing
Metallurgical Testing Firestone has conducted extensive preliminary metallurgical testing. The most promising test results to date are from tests utilizing an ammonia-based process. Laboratories engaged include SGS Lakefield, PRA Ltd., MetaLeach Limited; Engitec and University of British Columbia Fr
Slide 17: Dominant Land Position Central Guatemala
DOMINANT LAND POSITION CENTRAL GUATEMALA ADDITIONAL ZINC TARGETS DRILL READY In 2009 during the economic slowdown, Firestone acquired a large land position for zinc-lead- silver prospects in Guatemala. In excess of 900 km2 under granted concessions and under application Exploration started in
Slide 18: Quetzal Project – Drilled Spring 2010
Quetzal Project – Drilled Spring 2010 QUETZAL DRILL PROGRAM (completed Phase One 2010) Road accessible project with MVT zinc-lead-silver mineralization High-grade zinc-lead-silver on surface and in historical mine workings. Drill results include 10m grading 20.0% zinc, 1.2% lead and 13.9 g/t s
Slide 19: La Luna Project
La Luna Project Advanced Project in Central Guatemala – 80 km north of Guatemala City Tunnel #1 2 metre chip sample - 29.70% zinc, 2.45% lead and 18.1 ppm (0.52 opt) silver Tunnel #2 2 metre chip sample - 36.12% zinc, 11.26% lead and 79.5 ppm (2.31 opt) silver 2 metre chip sample - 2.92% zinc, 25.22
Slide 20: La Luna Project – Historic Tunnels
La Luna Project – Historic Tunnels
Slide 21: La Luna Project – Boulder of Zinc downslope from Kill Zone
La Luna Project – Boulder of Zinc downslope from Kill Zone
Slide 22: Rome Project – New Zinc Discovery
Rome Project – New Zinc Discovery 2011 Initial Field Visit: Three grab rock samples: 51.9% zinc, 3.0% lead 49.5% zinc, 2.1% lead 17.7% zinc, 3.3% lead 2012 Field Work: • 118 soil samples with 51 samples >500 and up to 0.92% Zn • Large 200m wide east-west trending zone defined that is open in both di
Slide 23: Regional Blue Sky: Colour anomalies from air
Regional Blue Sky: Colour anomalies from air
Slide 24: Plans for 2012 and Beyond
Plans for 2012 and Beyond Pure zinc play company with exposure to silver and lead. New government pro-resource development in Guatemala starting 2012. Four zinc drill programs planned for Guatemala Tahoe Resources, Goldcorp and Anfield Nickel moving forward on Guatemala projects. Firestone