2016 - InvestorIdeas.com

Transcription

2016 - InvestorIdeas.com
Corporate Presentation
August 2015
Corporate Presentation
January 2016
“Las Chispas Area”
Cautionary Statement
This presentation contains “forward-looking statements” within the meaning of applicable Canadian securities
legislation. Such forward-looking statements herein include but are not limited to: exploration and drilling plans of the
Company; and expectations regarding the Company’s ability to manage capital resources and meet working capital
requirements.
Assumptions have been made regarding, among other things: conditions in general economic and financial markets;
availability of skilled labour; timing and amount of exploration and capital expenditures; and effects of regulation by
governmental agencies. The actual results could differ materially from those anticipated in these forward-looking
statements as a result of the risk factors set forth below and elsewhere in this presentation: availability of funds;
timing and content of work programs; results of exploration activities of mineral properties; interpretation of drilling
results and other geological data; uncertainties of resource estimations; receipt, maintenance and security of permits
and mineral property titles; environmental and other regulatory risks; project cost overruns or unanticipated costs and
expenses; operating and hazards risks and limitations on insurance risk; fluctuations in commodity product prices;
currency fluctuations; political and economic risks; and general market and industry conditions.
The assumptions used in the preparation of such statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no
obligation to update or revise any forward-looking statements included in this presentation, except as otherwise
required by applicable law.
Qualified Persons
Under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, the Qualified Person for this
presentation is N. Eric Fier, CPG, P.Eng., President & CEO for SilverCrest Metals Inc., who has reviewed and approved its
contents.
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Who We Are
SilverCrest Metals Inc. was formed as part
of the First Majestic acquisition of
SilverCrest Mines Inc.
“SilverCrest’s vision is to “again”
become a successful precious metals
producer over the next few years!”
Experienced management team and Board
of Directors (previous SilverCrest Mines
team) with track record of value creation
Well funded with approx. Cdn$7.2 million
cash
Focused on new discoveries, value-added
acquisitions, development and production
in Mexico historic precious metal districts
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Experienced & Successful Management Team
N. Eric Fier, CPG, P.Eng., President & CEO, Director (30 years experience, Geological & Mining Engineer)
Exploration, Operations, Project Evaluation & Management. Previously with SilverCrest Mines, Newmont Mining, Eldorado Gold, Pegasus
Gold Corp. Involvement in exploration, feasibility, finance, construction and operations of 4 successful mines, including Santa Elena in
Sonora Mexico. Several major international discoveries.
Barney Magnusson, CA, CFO (35 years experience, Finance)
Served as an Officer and Director of 7 mining (Dayton Mines, High River Gold Mines) companies that financed, developed, constructed
or operated 9 precious metals mines in North and South America.
Michael Rapsch, VP Corporate Communications, 10 years experience
Responsible for the implementation, management and execution of all marketing and investor relations related programs, including but
not limited to communicating with retail and institutional investors across North America and Europe.
J. Scott Drever, BSc., Director (50 years experience, Geologist, Management Consulting)
Strategic Planning, Mergers & Acquisitions. Management and operational experience with several production companies, including
Placer Dome, SilverCrest Mines and Goldsource Mines.
Dunham L. Craig, P.Geo., Director (26 years experience, Geologist)
Experience in mining and operations, exploration discovery to feasibility, financing, permitting, construction and production related to
two mines. Currently President & CEO of Geologix Explorations and past experience with Wheaton River Minerals and Glencairn Gold.
Graham C. Thody, CA, Non-Executive Chairman, Director (30+ years experience, Finance/Accounting)
Corporate finance and public company management. Director and former President & CEO of UEX Corp., Chairman of the Board of
Goldsource, Director of Geologix.
George W. Sanders, Director (35 years experience, Finance)
Experience in mining and exploration finance. Previously with Canaccord Capital Corp., Richmont Mines Inc., Consolidated Cinola Mines
Ltd., and Shore Gold Inc.
Ross O. Glanville, P.Eng., MBA, CGA, Director (40 years experience, Mining Engineer - Valuations)
Experience in mining, exploration finance, valuations and fairness opinions. Director of Archon Minerals Limited, Clifton Star Resources
Inc. and Avino Silver & Gold Mines Ltd.
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Corporate Structure
Capital Structure
Issued & Outstanding
Ownership (Based on Issued & Outstanding)
39,887,607
Options
2,830,917
Warrants
8,332,567
Fully Diluted
51,051,091
Recent Share Price (Jan. 12)
$0.155
Market Capitalization (million)
$6.16
Cash on hand (Cdn million)
$7.2
First Majestic Silver
5.5%
Management/Board
15 %
Listing and Trading Commenced
on October 09, 2015
60-day Avg. Daily Volume
75,995 shares
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SIL Properties, Sonora, Mexico
Historic
El Tigre Mine
La Caridad Mine
(Grupo Mexico)
Mercedes Mine
(Yamana)
Angel de Plata
Historic
(SIL)
Las Chispas Mine (SIL)
Cruz de Mayo
(SIL)
Historic
Valenzuela Mine
Huasabas (SIL)
Santa Elena Mine
(First Majestic)
0
25 km
Exploration Project – Las Chispas
Las Chispas area is located approx. 160 km NE of Hermosillo, Sonora, Mexico and 30 km north of Santa Elena Mine.
Rediscovering an historic Mexican silver-gold district with multiple abandoned mines; these historical producers have never
been drill tested.
Historically known for silver & gold-rich veins. Publicly disclosed information from various references suggests historic cumulative
production of approx. 120 million oz of silver and 200,000 oz of gold from numerous mines within the Las Chispas area.
Good infrastructure with highway nearby.
Epithermal system with multiple 0.5 to 5 metre wide veins, stockworks and breccias, 1 to 1.5 km in strike length.
Targets for modern exploration include drilling possible near-surface vein extensions; depth extensions of historical producing areas
and possibly reprocessing existing waste and old tailings dumps.
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Las Chispas Area (Looking East)
Santa Elena Mine 25 km South
14 known veins trending
northwest to southeast
Babicanora Target
A
0
A’
Las Chispas Target
1km
Historic photo of Las Chispas Mine
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Las Chispas “Main Vein” Long Section with Historic Stoping (circa 1920’s), Looking East
A
1200m
Caved – Plan to Reopen in 2016
Discovery Outcrop
Mina
1640
San
Jose
Mina
Mina
Las Chispas
Lucerno
A’
Unmined Developed Stopes ?
Mina
Mina
La Central Providencia
surface
Open
Main Adit (1000m level, part access)
1922: 2m @ +2 kgpt Ag, +10 gpt Au
Open
Stoped
Target
Bed contact
X-cut structure
Proposed DH
0
200m
Open
1922: 2m @ +2 kgpt Ag, +10 gpt Au
Historical estimated production from public records (1890 to 1930);
350,000 tonnes grading 1.7 kgpt Ag, 15 gpt Au over 1 to 2m (20M oz Ag, 170k oz Au)
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Exploration Project – Huasabas
Vein & Breccia (approx. 15m wide)
1. SANTA ELENA HIGH GRADE OPEN PIT
Access Road to Site;
7km from National HIghway
15m wide
Huasabas property is located approx. 200 km NE of Hermosillo, Sonora, Mexico with easy access and existing infrastructure.
Previous field mapping and sampling showed anomalous gold, silver, mercury, antimony, and barium occurring in 0.5 - 30 m wide
veins, stockworks and breccias approx. 1 km in strike length.
Exploration target is a precious metal mineralized epithermal system.
An initial 6-hole drill program has commenced in late 2015.
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Huasabas
0
1 km
Mina Arroyo Hondo
(abandoned)
vein
10m @ 1 gpt Au, 6 gpt Ag
U
D
D
U
Buried
Intrusive
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Exploration & Development Project – Cruz de Mayo
(Listing Property)
1. SANTA ELENA HIGH GRADE OPEN PIT
Located 22 km northwest of the town of
Cumpas, Sonora, Mexico
Indicated Resource: 793,000 t grading 142 g/t
Ag and 0.21 g/t Au*
Access Road to Site;
7km from National HIghway
Inferred Resource: 325,000 t grading 129 g/t
Ag and 0.25 g/t Au*
Potential for Resource Expansion
* Refer to the Technical Report titled ‘Mineral Resource Estimate for
the Cruz de Mayo Property, Sonora, Mexico’, with an effective date
August 15, 2015 as amended September 15, 2015, available on
www.silvercrestmetals.com and under the Company’s SEDAR profile
on www.sedar.com.
Mineral resources that are not mineral reserves do not have
demonstrated economic viability.
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Exploration Project – Guadalupe
1. SANTA ELENA HIGH GRADE OPEN PIT
Guadalupe property is located approx. 110 km
NW of Durango City, Durango, Mexico
(Gavilanes Mining District)
Immediately adjacent to SantaCruz Silver’s
recent Gavilanes discovery.
Access Road to Site;
7km from National HIghway
Initially claimed by Hochschild Mining in 2007
and acquired by First Majestic in 2010.
Epithermal system with host rocks consisting of
andesite and rhyolite flows.
Mineralization occurs in 1-2 metre wide veins
with stockwork and breccias trending
northwest-southeast for approx. 1 km
Stockwork structure in andesite
Surface channel sampling results show gold (up
to 3.77 g/t) and silver (up to 680 g/t).
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Why SilverCrest Metals?
Management with proven track-record in all aspects of the
precious metal industry including the pioneering of a
responsible “phased approach” business model
Strong cash position
Good exploration potential in historic mining districts
Significant due dil. database for potential acquisitions
Drilling commenced at Huasabas; Las Chispas planned in Q1|16
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Contact Us
Tel: (604) 694-1730
Toll Free: 1-866-691-1730
Fax: (604) 694-1761
[email protected]
www.silvercrestmetals.com
Suite 501 - 570 Granville Street
Vancouver, BC V6C 3P1
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