Chile. Exploring, Developing IOCG Projects. TSX-V: APN Jan

Transcription

1 Chile Exploring, Developing IOCG Projects TSX-V: APN Jan

2 CAUTIONARY STATEMENT Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company s control, and that future events and results may vary substantially from what the Company currently foresees. Documents outlining the various factors that may affect future results are available at The Company s forward-looking statements are expressly qualified in their entirety by this cautionary statement. 2

3 Management and Directors John Williamson, B.Sc., P.Geol. Chairman, CEO, President and Director Justin Bourassa CFO JoAnne Price, M.Sc., P. Geol. Director Sean Mager, B.Comm Director Altiplano Mineral s management team has a wealth of experience and technical expertise in international exploration, development and mining, along with a successful history of finding, evaluating, developing, and selling mineral assets. The management team has discovered and developed properties into multi-million ounce resources. Collectively, the team has raised in excess of $200 million with annual exploration expenditures of up to $40 million. 3

4 Corporate Data as at January 20, 2017 Shares Issued Fully Diluted Working Capital Market Cap Options Warrants Share Price 10.8M 14.26M $0.35 $1.9M M 2.9M $

5 Chile 5

6 Summary Innovative approach to securing projects Extensive in-country experience with existing networks Partner family owned current/past producing mining projects Potential to fast track exploration to production and world class discoveries Potential for medium to long term sustainable growth 6

7 Why Chile? Geographic Location Low cost environment with extensive infrastructure Favorable judicial system & mining regulation Lower Atacama region (Coastal Cordillera) Vast mineral wealth; many world class copper and gold mines Two Chilean ENAMI plants close to projects ENAMI is a government run toll facility to facilitate mining without the capital cost to small to medium sized miners 7

8 Why Chile? Plug and Play Strategy Innovative approach to securing projects High grade, near surface IOCG with current or recent production Exploration de-risked Initial projects will be developed with new exploration drifts beneath current workings Enables underground drilling for resource definition and extraction (if warranted) 8

9 Why Chile? Geology Strong exploration potential for both: Discovery of high grade, near surface IOCG production Large footprint, bulk tonnage mineralization systems have been identified 9

10 Why Chile? Experience The joint venture team has combined extensive knowledge in developing and commercializing mineral deposits and companies worldwide In-country Chilean team with 25 years of experience and an established, current network 10

11 Multi-Stage Growth Strategy Chilean partner family owned current/past producing mining projects No history with public markets Innovative deal structures Working with in-country team to establish relationships and negotiate flexible deal structures that maximize benefits for all stakeholders Minimal upfront payments of cash or shares Remuneration to land owners is based on future growth of projects 11

12 Growth Plan Stage 1 Underway Agreements step 1 Executed agreements on Farellon (formerly called Tambillos) and Marie Luisa high grade Cu-Au projects Complete 500 m long modern underground drift development Commence diamond drilling beneath current 500 m x 50 m x 1-4m wide mining and infrastructure New engineering and permitting completed Earthworks and site offices in place Underground portal/drift development to commence, Jan 2017 Drilling 150 holes between 10 and 30 m in length, establish underground reserves and resources step 2 Farellon IOCG Development Drilling, underground development and resource drilling budget is US$500,000 12

13 Marie Luisa IOCG Development 3 Target to complete modern underground drift development Commence diamond drilling beneath current mining and infrastructure Geology and engineering studies underway Estimated earthworks and initial site development within 5 months Final evaluation and execution on selected projects 4 Evaluation 13

14 Growth Plan Stage 1 Farellon Geology Three separate and discreet high-grade IOCG veins name Farallon, Laura and Rosario Veins strike northeast and have been traced in outcrop and underground workings for more than 1.2 km The veins range in width, averaging ~2m, are sub vertical and well mineralized over much of their strike length Region IV, Chile 14

15 Growth Plan Stage 1 Farellon Geology Farellon adit 15

16 Growth Plan Stage 1 Marie Luisa Geology Region III, Chile 16

17 Growth Plan Stage 2 Steady State Plan (Capital Limited) Funded as required Lease and refurbish concentrator Finalize agreement on another producing asset Goal of 10ktpa Cu concentrate 17

18 Growth Plan Stage 2 Fast Track Plan (Capital Extensive) Purchase, refurbish and expand concentrator Finalize production agreements with up to 4 other producing assets Goal of +20ktpa Cu concentrate 18

19 Growth Plan Stage 3 Focus on modern exploration Advance projects under agreements Expand property holdings Target medium to large Cu-Au systems, porphyry, IOCG and high grade vein systems 19

20 Chile Joint Venture Structure APN to earn a 50% interest in Comet Exploration Ltd. s Chilean projects for a US$2M expenditure Initial US$250,000 payment completed Comet and Altiplano will have a CJV agreement in place by February 10, 2017 which will provide the framework on the governance of the venture The Joint Venture will be governed by a JV Management Committee comprised of 2 members from each company During the APN earn in period, all expenditure decisions must be unanimous 20

21 Idaho, USA 21

22 Orogrande Project Idaho, USA Au/Ag project optioned from Velocity Minerals Ltd. (see release dated Dec. 1, 2016) Covers 12 km of strike length of the Orogrande Shear Zone Staking covers prospective gold in soil anomalies coincident with prospective magnetic and/or conductivity anomalies 22

23 Orogrande Project Geology Increased land position to a total of 4940 acres/258 mineral claims (see news release dated Jan. 23, 2017) Property adjacent to Premium Exploration Inc. s Friday-Petsite gold deposit 23

24 Orogrande Project Adjacent Friday-Petsite deposit Significant Drill Intercepts at the Friday-Petsite Gold Zone Premium Exploration Inc. s NI (available on SEDAR) report shows a constrained indicated mineral resource of 647,000 oz of gold and an inferred mineral resource of 590,000 oz of gold Hole ID Depth (m) Intercept (m) Au (g/t) PFR2009_1 PFR2009_10 PFR2010_2 PFR2010_2 PFR2010_3 PFR2010_ *The information on this slide has not been verified by Altiplano and is used simply to illustrate the potential for mineralization at the Orogrande Project. 24

25 CONTACT US! in LinkedIn/Altiplano Minerals Corporate Office Suite 210, Street Edmonton, Alberta Canada T6P 1L3 25