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. 2 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 3 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. 4 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 5 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. 7 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 8 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) 9 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. 10 Huasabas 0 1 km Mina Arroyo Hondo (abandoned) vein 10m @ 1 gpt Au, 6 gpt Ag U D D U Buried Intrusive 11 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. 12 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). 13 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 14 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 15
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