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Zoro Mining Corp. Corporate Overview Q2 2010.
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CORPORATE OVERVIEW
SUMMER 2010 SUMMER 2010
Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this presentation, such as “measured,” “indicated,” and “inferred” “resources,” which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10-K, which may be secured from us, or from the SEC Website at http://www.sec.gov/edgar.shtml.
All information or advice provided as part of this presentation is intended to be general in nature, and you should not rely on it in connection with the making of any decision. Zoro Mining tries to ensure that all information provided as part of this presentation is correct at the time of inclusion in the presentation but does not guarantee the accuracy or completeness of such information. All content, information and advice is provided on an “as is” basis and Zoro Mining hereby expressly disclaims all liability for any action you may take as a result of relying on such content, information or advice or for any loss or damage suffered by you as a result of you taking this action.
Zoro Mining does not warrant or make any representations as to the security in this presentation nor does it warrant that functions or materials accessible from or contained in this presentation will work uninterrupted or error free, that defects will be corrected or that this presentation is free from viruses or other harmful elements.
All content, information and advice is provided on an “as is” basis. Neither Zoro Mining nor any of its agents or subcontractors shall be liable for any damages either direct, indirect, incidental, consequential, otherwise (including but not limited to financial losses, loss of data, loss of profits, loss of business, business interruption or the like) arising out of the use or inability to use this presentation or the content, information or advice provided on or via this presentation.
IMPORTANT DISCLAIMER IMPORTANT DISCLAIMER
Forward-Looking Statements
This presentation contains forward-looking statements regarding the company. Generally, forward-looking statements can be identified by the use of
forward-looking language such as “plans,” “expects,” “budgets,” “schedules,” “estimates,” “forecasts,” “intends,” “anticipates,” “believes,” or variations
of such words and phrases, and statements that certain actions, events or results “may” or “could” occur. Forward-looking statements are based on
the opinions and estimates of the company. Forward-looking statements include, but are not limited to, statements with respect to: (1) the exploration
advancement of the company’s property interests; (2) the ability to acquire additional property interests; (3) the ability to acquire additional financing
when required; and (4) the company’s operational plans for projects.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of
activity, performance or achievements of the company to be materially different from those expressed or implied by such forward-looking statements,
including, but not limited to, risks related to: (1) a downturn in general economic conditions; (2) a decreased demand or price of lithium and other
minerals; (3) unexpected events or delays in the acquisition, exploration and advancement of the company’s projects; (4) the uncertainty of
government regulation and politics in North America and Chile regarding mining and mineral exploration; (5) potential negative financial impact from
regulatory investigations, claims, lawsuits and other legal proceedings and challenges; (6) the inability to obtain the necessary permits and approvals
for the further development of the company’s projects, including environmental agencies; (7) inability of the company to raise financing necessary to
develop projects and continue operations; and (8) other factors beyond our control. Additional information about these and other assumptions, risks
and uncertainties are set out in the “Risks and Uncertainties” section in the company’s management, discussion and analysis filed with Canadian
security regulators at www.sedar.com.
Although the company has attempted to identify important factors that could cause actual results to differ materially from those contained in the
forward-looking statements in this presentation, there may be other factors that cause results not to be as anticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated
in such statements. Accordingly, you should not place undue reliance on forward-looking statements contained in this presentation. The company
disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise, except as required by law.
Note: the “Safe Harbor” for forward-looking statements provided in the Private Securities Litigation Reform Act of 1995 does NOT apply to statements
made in connection with an initial public offering of shares in the United States.
IMPORTANT DISCLAIMER IMPORTANT DISCLAIMER
Zoro Mining Corp. is a public company structured to meet the post-crash economics and strategically positioned to capitalize on new gold exploration
The Company was formed in 2007 to acquire high-value opportunities in developing gold prospects stemming from known production areas in the Americas
After acquiring multiple prospects in targeted areas, in 2007, Zoro finalized acquisition of three additional high priority prospects in late 2009 through first quarter, 2010
Zoro owns extensive property positions in significant mineral prospects in established gold mining regions in Latin America; Peru, Chile and Mexico
Management has launched a multi-pronged approach to diversify risk and provide immediate revenue opportunities that will support the development of mid-size to very large gold projects
CORPORATE OVERVIEW CORPORATE OVERVIEW
OVERVIEW | Q2 2010
STRATEGIC PLAN STRATEGIC PLAN
Primary Strategic Thrust: (0–4 year horizon)
Develop near term resources at surface gold projects in Chile and Peru
Significant land positions obtained in three key districts in Chile—Escondida, Fritis, Piedra Parada, and Yura/Fortuna (Peru)
All offer potential for surface occurring, bulk mineable and heap leachable lower-grade gold production
All are designed for shorter exploration timeframes and cost-effective exploration programs
Budgets designed at each project for immediate exploration to identify NI 43-101 compliant inferred gold resources, and to take through bankable feasibility
Goal: to identify gold resources in each district and bring into production as early as possible
OVERVIEW | Q2 2010
OVERVIEW | Q2 2010
Secondary Overarch: (5–10 year horizon)
Explore and develop gold resources at larger properties with potential for significant size in Chile and Peru
Large land positions obtained at Yura (Peru) and Don Beno (Chile) projects – over 20,000 acres
Initial IP (imaging) and diamond drill program completed in 2008 at Don Beno Project; established potential for large, deep gold porphyry or IOCG system
Yura Project shows potential for multiple, large surface deposits which could be centrally processed
Exploration budgets being developed for both projects
Goal: to identify gold resources in each district
STRATEGIC PLAN STRATEGIC PLAN
PROJECTS PROJECTS
S O U T H A M E R I C A
OVERVIEW | Q2 2010
Peruvian Prospects
CHILE
YURA PROPERTY Exploration –Fortuna area
Chilean Prospects
PERU
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PROJECT SUMMARY PROJECT SUMMARY
OVERVIEW | Q2 2010
Use Near Term Projects To Support Major Blue Sky Opportunity
Near Term (1-4 Years)
Explore Fritis
Near Term (1-4 Years)
Explore Piedra Parada
Near Term (1-4 Years)
Explore Escondida
Near Term (1-4 Years)
Explore Fortuna/Yura
Medium Term (10 Years)
Develop Yura
Medium Term (8 Years)
Develop Don Beno
Para
llel P
roje
cts
Hundred-Thousand Oz Au Targets
Multi-Million Oz Au Targets
$11 million estimated required to bring nearer-term projects to resource estimates
$12 million estimated required to bring medium term projects to resource estimates
YURA/FORTUNA PROJECT – PERU YURA/FORTUNA PROJECT – PERU
OVERVIEW | Q2 2010
TYPE: Surface gold
AREA: 1500 hectares - Fortuna
2114 hectares – Yura
(adjacent to original Yura claims)
FEATURES: Surface gold structures, potentially bulk-mineable, identified through initial exploration
STAGE: Detailed mapping and sampling programs to precede drilling
INTEREST: 100% owned by Zoro
*2.5% net smelter return royalty capped at $20 million; 1.5% can be repurchased
PERU
Location: 60 km west of Arequipa, Peru
OVERVIEW | Q2 2010
Fortuna area: west adit, depicting altered volcanic gold mineralization open in all directions
FORTUNA PROJECT – PERU FORTUNA PROJECT – PERU
OVERVIEW | Q2 2010
ESCONDIDA GOLD PROPERTY – CHILE ESCONDIDA GOLD PROPERTY – CHILE
TYPE: Surface gold
AREA: 2050 Hectares (additional land available from adjacent concessions owned by Zoro)
FEATURES: Surface occurring, shallow sedimentary gold deposit with on-site Pilot plant
STAGE: Aerial mapping, 2008 trenching and surface sampling program, and 2 drill holes identified surface structure roughly 4 km long by 100 meters wide by 50 meters deep with gold grades over .5 grams/ton
INTEREST: 100% interest in Zoro
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CHILE
Location: 30 km northwest of Copiapo, Chile
OVERVIEW | Q2 2010
ESCONDIDA GOLD PROPERTY – CHILE ESCONDIDA GOLD PROPERTY – CHILE
Escondida target exploration area is a depth of 50 meters
Typical Mineralized Sedimentary Zoning Pattern
One Meter: Oxidized Zone
One Meter: Overburden
Sulfide Zone Over 100 meters depth
Surface
OVERVIEW | Q2 2010
ESCONDIDA GOLD PROPERTY – CHILE ESCONDIDA GOLD PROPERTY – CHILE
Structure aerial view
Drill Hole #2 85 meters
Drill Hole #1 >100 meters
Escondida Pilot Plant
Site
|–– 3
60 m
ete
rs –
–|
OVERVIEW | Q2 2010
TYPE: Surface sediment gold project
AREA: 2100 Hectares of senior rights (with 1500 hectares of junior, overstaked claims)
STAGE: Sampling and auger drilling of uplifted surface sediments confirm precious metals
INTEREST: 100% interest in precious and other metals (excludes Li and light metals) subject to 2% capped net smelter return royalty
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CHILE
PIEDRA PARADA PROJECT– CHILE PIEDRA PARADA PROJECT– CHILE
Location: 250 km northeast of Copiapo, Chile
PIEDRA PARADA PROJECT– CHILE PIEDRA PARADA PROJECT– CHILE
OVERVIEW | Q2 2010
The Piedra Parada property is located in a closed drainage basin containing a classic evaporate body salar system
Sampling the salar sediments mineralization at Piedra Parada
OVERVIEW | Q2 2010
TYPE: Surface epithermal gold
AREA: 2300 Hectares
FEATURES: Owned by Teck-Cominco Group of companies until 2009
STAGE: 2009 surface sampling program returned gold grades in host rock and gold values in oxidized shear zones
INTEREST: 100% interest subject to capped, 2% NSR return royalty
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CHILE
FRITIS PROJECT – CHILE FRITIS PROJECT – CHILE
Location: 40 km south of Copiapo, Chile
Fritis Project strata shows fractures and shear zones carrying gold values
OVERVIEW | Q2 2010
FRITIS PROJECT – CHILE FRITIS PROJECT – CHILE
Geologic structural zones at Fritis
OVERVIEW | Q2 2010
TYPE: Deep Sulfide porphyry or IOCG system
AREA: 5900 Hectares
FEATURES: Large IP and conductivity geophysical anomalies (largest is 4km by 2km) identified 2008; intrusive host rock
STAGE: Deep drill program completed 2000 meters (8 holes) of diamond drilling in 2008; results show potential porphyry or IOCG at depth which needs additional drilling
INTEREST: 100% owned by Zoro
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CHILE
DON BENO PROJECT – CHILE DON BENO PROJECT – CHILE
Location: 90 km south east of Copiapo, Chile
OVERVIEW | Q2 2010
DON BENO PROJECT – CHILE DON BENO PROJECT – CHILE
Core drilling at Don Beno Fall of 2008
OVERVIEW | Q2 2010
TYPE: Surface gold
AREA: 2114 Hectares
FEATURES: Surface gold structures, potentially bulk-mineable, identified through initial exploration
STAGE: Initial mapping partially completed. Requires detailed mapping and geochem with select drill program
INTEREST: 100% owned by Zoro
PERU
YURA PROJECT – PERU YURA PROJECT – PERU
Location: 60 km west of Arequipa, Peru
MANAGEMENT MANAGEMENT
Andrew Brodkey President, CEO, Director
Harold Gardner Vice President of Business Development, Director
A mining engineer and lawyer active in the mining business
for over 25 years
Held various senior legal and business development
positions at major mining companies, including Magma
Copper Company and BHP Copper Inc., with an emphasis
on Latin American mining activities
Created the International Mining & Metals Group of CB
Richard Ellis, Inc (“CBRE”)
Involved in the private mining sector for the past 26 years
and has extensive experience in exploration and acquisition
of precious and base metals prospects
Served as a consultant, officer, and director of 17 different
mining companies and private investment funds, and
currently sits on the board of four companies in Mexico,
Peru, and Chile
A resident of Copiapo, Chile, with extensive knowledge of
Chile, Peru and the region
OVERVIEW | Q2 2010
MANAGEMENT MANAGEMENT
David Hackman Vice President of Exploration, Director
Enrique Marino W. Chief of Exploration, Latin America
A geologist and a registered professional engineer with over
35 years of international experience specializing in the
evaluation of leachable metal deposits in the Americas
Widely credited with the discovery of several important
mineral deposits, including the Piedras Verdes copper oxide
mine in Sonora, Mexico
Holds or has held senior geological and Director positions
with a host of public and private companies with operations
in Latin America
A professional geologist with over 45 years of direct
experience in Chile
Worked for a number of different mining companies,
principally for Phelps Dodge Corp. (now Freeport Copper)
at the large Candelaria copper operation near Copiapo,
Chile, where he was the Chief Exploration Geologist.
OVERVIEW | Q2 2010
PROJECT SUMMARY | BUDGETS PROJECT SUMMARY | BUDGETS
Fortuna/Yura – Peru Indicated high tonnage, low grade surface occurrence
Escondida – Chile Indicated high tonnage, low grade surface occurrence
Piedra Parada salar – Chile Indicated high tonnage, low grade surface occurrence
Fritis – Chile Indicated high tonnage, low grade surface occurrence
Don Beno – Chile Deep structures - porphyry or IOCG
Yura – Peru Surface structures with multiple targets
Near Term US $3.5 MM TO NI 43-101 1-4 years INFERRED RESOURCE
Near Term US $2.5 MM TO NI 43-101 1-4 years INFERRED RESOURCE
Near Term US $2.5 MM TO NI 43-101 1-4 years INFERRED RESOURCE
Near Term US $2.5 MM TO NI 43-101 1-4 years INFERRED RESOURCE
Med Term US $7.1 MM TO NI 43-101 5-8 years RESOURCE, DRILL & BFS
Med Term US $4.8 MM TO NI 43-101 5-10 years RESOURCE, DRILL & BFS
OVERVIEW | Q2 2010
Project Term Estimated Budget to Stage Project Term Estimated Budget to Stage
INVESTMENT HIGHLIGHTS INVESTMENT HIGHLIGHTS
OVERVIEW | Q2 2010
Prolific Quality Gold Exploration Projects
Solidified six valuable projects to 2010; all have ample land positions with significant gold potential in each
Favorable Mining Regulations and Infrastructure: Chile, Peru
All locations have very favorable mining regulations, political stability and strong history of
development with many of the world’s leading gold, silver and copper mines
Experienced Management with Considerable Latin American Expertise
Senior management and Board highly familiar with exploration, mining development at all stages and working in-country in South American mining districts under exploration
Immediate Path To Bankable Resources Through to Production
Budget of $10 million advances all projects and is projected to bring Fortuna project to NI 43-101 compliant inferred resource estimate
Multi-pronged Approach To Revenue Supports Major Blue-Sky Potential
Tandem exploration strategy (immediate and long-term) is designed to result in significant gold
production annually at all projects
CAPITAL STRUCTURE CAPITAL STRUCTURE
ZORM – OTC Bulletin Board
High: $2.25 Low: $0.30
$0.55 (04.2010)
28,401,536 306,000 28,708,336
$25,837,502
ZORM – OTC Bulletin Board
High: $2.25 Low: $0.30
$0.55 (04.2010)
28,401,536 306,000
28,708,336
$25,837,502
TRADING SYMBOL: (COMMON SHARES)
52 WEEK PRICE RANGE:
RECENT PRICE:
SHARE OUTSTANDING:
WARRANTS:
FULLY DILUTED :
MARKET CAP:
TRADING SYMBOL: (COMMON SHARES)
52 WEEK PRICE RANGE:
RECENT PRICE:
SHARE OUTSTANDING:
WARRANTS:
FULLY DILUTED :
MARKET CAP:
OVERVIEW | Q2 2010
Contact: Andrew Brodkey, President
Office: +1.520.989.0022
Email: [email protected]
Zoro Mining Corp.
A Public Company Symbol: ZORM – OTCQB
© Copyright Zoro Mining Corp. 2010. All rights reserved.