Upload
others
View
0
Download
0
Embed Size (px)
Citation preview
Sphinx Resources Ltd. March 2015
1
Forward-Looking Statements
This presentation may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results and activities to vary materially from targeted results and planning. Such risks and uncertainties include those described in Sphinx’s periodic reports including the annual report or in the filings made by Sphinx from time to time with securities regulatory authorities.
2
Summary
▲Share structure 36.3 millions shares issued1
62.7 millions fully diluted Institutions: 43% Management and strategic investors: 24%
▲Milestones in 2014
Financings - $3.8 M 5 active projects Exploration expenditures - $1.4 M
1 Excluding 4 million shares to be issued to Amixam Resources for Green Palladium project, subject to TSX-V approval
3
Board of directors
Normand Champigny, M.A.Sc., ing. 34 years of experience in exploration and management in Canada and internationally
John Hick, BA, LL.B. More than 30 years of experience in the mining industry in management positions and as
independent director
David Johnson, B.C.L., LL.B. 12 years of experience in business and corporate law Corporate secretary of the corporation and Chief Legal Officer of Colt Resources
Ingrid Martin, CPA, CA 24 years of experience in finance and company acquisitions including several mining and
exploration companies in Québec
Kerry Sparkes, M.Sc. 25 years of experience in the mining industry as an exploration geologist and executive Key person involved in the exploration, delineation and development of both the
Voisey’s Bay nickel and the Rainy River gold deposits
4
Management and advisory committee
Normand Champigny, M.A.Sc., ing. President and Chief Executive Officer
Ingrid Martin, CPA, CA Chief Financial Officer
Robin N. Adair, M.Sc. - Advisory Committee 32 years of experience including 25 years with Noranda and Falconbridge Participated to the discovery of the Bracemac-McLeod zinc-copper mine
Michel Gauthier, Ph.D. - Advisory Committee 44 years of experience Professor of mineral prospecting at l’Université du Québec in Montréal Co-baptized a gold prospect, named Éléonore, in the James Bay region
5
Strategy
Growth in Québec with: Solid partners
Projects with recognized mineral potential
• Strong focus on high grade PGE-Ni-Cu targets
Opportunities to acquire a 100% interest
6
Overview
Development of exploration projects in Quebec Options with Midland Exploration (50% initially, JV afterwards)
Samson - nickel, copper and platinum-group elements Adam - gold, copper
Acquisition from Amixam Resources (100% Sphinx) Green Palladium - palladium, copper
Acquisition from Virginia Mines (100% Sphinx)
Preissac- nickel, copper and platinum-group elements
Option with Cartier Resources (50% initially, JV afterwards with 2nd option 75%, 3rd option 100%)
Dollier - gold
7
Source: company web site
8
Samson TDEM Grids
9
Samson TDEM Grids
10
Adam Total Field Mag
11
Green Palladium Project
Acquisition from Amixam Resources (210 claims)
Located in Pontiac Municipal County
Strong support of region’s residents
100% owned by spending $750,000 over 3 years
Palladium values well above 1 g/t on surface
Geological similarities with giant mining camp Norilsk
Drilling in spring of 2015
Palladium: growing demand and declining supply
12
Platinum Group Elements
Higher demand for PGM due to: • expanding automotive production • more stringent governmental emission regulations
13
S o u r c e : S t i l l w a t e r M i n i n g C o m p a n y w e b s i t e
Pa l lad ium: def ic i t dr iven by subst i tu t ion of pa l lad ium for p la t inum in gasol ine & d iese l cata lyt ic conver ter appl icat ions
14
Palladium prices
15
1cm
Pyroxenite rounded nodule
Pyrrhotite
Chalcopyrite
Sample MB250414-01 3.2 g/t Pd, 3.2% Cu
0.18% Ni, 84 ppb Pt, 143 ppb Au
Pyroxene
16
17
Preissac Project
Acquisition from Virginia Mines, 39 km2 (78 claims)
West of Marbridge mine: 0.8 Mt @ 2.3% Ni, 0.2% Cu
100% owned
Airborne geophysics and surface prospecting completed
Untested electromagnetic anomalies totalling 14 km of
cumulative length over 10 distinct conductors
Drill-ready in spring of 2015
Preissac Project
18
Dollier Project Sur face sampl ing(2009-2010)
19
20
21
2015 Value drivers
Projects with Midland Exploration Samson - drilling started in March (1,500 m) Adam - drilling starting in the spring
Preissac Project (100% Sphinx, acquired from Amixam Resources)
drilling starting in the spring Green Palladium Project (100% Sphinx, acquired from Virginia Mines) drilling starting in the spring
Project with Cartier Resources Dollier - drilling completed, designing next program Continue to review project acquistion opportunities
Sphinx Resources Ltd. 1 Place Ville Marie, Suite 2001
Montreal, QC H3B 2C4 T: 1 514 286-1565