Vinata - Savant Explorations Ltd.

Transcription

Vinata - Savant Explorations Ltd.
Company Summary
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Capital structure highly levered to discovery
Proven Successful Explorers focused on finding
World Class Deposits
Portfolio of quality projects
Global experience and contacts
Pragmatic approach to exploration
Savant Highlights
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Potential to be the next Mag Silver play with
large Mexican land package with compelling
silver targets.
Exclusive junior exploration play in Chile’s prolific
Chuquicamata – Spence Mining district
Management with successful track record
including discovery of Spence Mine (200,000
tonne yearly copper production).
Additional advanced projects in Canada and USA
ready for farm out
Capital Structure
25 million issued
„ 26.5 million fully diluted
„ Major share holders:
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– Selwyn Resources (33%)
– Hudson Bay (5%)
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Management holds 7% of issued shares
Highly levered to discovery
Management
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Jack McClintock President
– Former global exploration manager BHPB
– Lead Team that discovered Spence Mine: Annual production 200,000 tonnes
copper, NAV ~ US $900m
– A main contributor to Rio Algom’s 4 cent per pound copper discovery cost
– Winner of PDAC Prospector of the Year 1998
– Lead or prominent role in 3 other significant copper, gold or molybdenum
discoveries
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Richard Cote
– Former manager BHPB Chile
– Prominent member of Rio Algom copper discovery team
– Lead role in Antamina and Crandon resource expansion and feasibility
ƒ Total metal content :6.5Mt Cu, 8Mt Zn, 50K Lbs Mo
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Directors
– H. Meade, B. McKnight, E. Tweedie, R Simpson
– Each over 30 years experience in the exploration business
Catalyst for Growth
Focused on projects attractive to Majors
1.
Favourable District
2.
Evidence for mineralized system
3.
Under explored
4.
Large land package
5.
Reasonable exploration cost
6.
Manageable political risk
Yava
Zn, Pb Cu, Ag, Au
Blue Moon
Zn, Cu, Ag, Au
Vinata
Ag, Pb, Zn (Cu,Au)
Gabriela
Actively Exploring
Seeking Partner
Cu
Guyana
Shield
Andean porphyry and skarn belt
Mexican carbonate replacement belt
Known occurrences
Geochem / geophysical anomalies
Potential for a discovery
Mexican Focus
Large, high-margin Polymetallic Replacement Deposits (CRD)
Target: Find another
Sta Eulalia deposit
508 M ozs silver,
4.2 Mt lead, 3.7Mt Zinc
Savant Vinata property
totalling 8,900 hec.
Evidence of concealed CRD
deposits on all properties
Catalyst:
• Acquire Large Land
package√
• Develop drill targets
• Drill targets with
partner’s money
Savant’s Competitive Advantage in Mexico
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Understanding of the key attributes of world class
carbonate replacement deposits as relates to their
search and discovery
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Focused specifically on discovering buried and
preserved sulphide systems associated with these large
to very large polymetallic deposits
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The usage of cost effective early stage screening tools
to identify high quality drill targets or allow for timely
exist strategy
Mexican Exploration Model
Proximal pathfinders
0m
Manto
Ores:Pb,Ag,Zn, Sb,
Sn, Mn
Distal pathfinders
Selective exploration
for large, concealed
carbonate hosted
deposits
Chimney Ores: Zn, Pb, Ag, Mn
Skarn Ores:Au, Cu, Zn,
Mo, Co, F, Bi,
1 km
Search for high level
seepage in volcanics &
limestones
indicator metals and
MnOX in veins
Strong clay alteration in
volcanics
Drill targets defined by
ground magnetics &
gravity
Exhaust Plumes
Vinata Property
Vinata - Santa Eulalia Geological Comparison
Vinata shows striking similarity to Santa Eulalia in
geological setting, alteration and mineralized system
Vinata
Santa Eulalia
Host rock for
mineralization
Cretaceous limestone capped by Tertiary
volcanic rocks.
Cretaceous Findlay and lower Benigno
and Lagrima strata.
Cap rock
Complete Tertiary Dacite volcanic cover.
Local Tertiary dacite cap rock cover.
Alteration halo
Argentiferous manganese oxide in structural
zones in Tertiary dacite; extensive clay
alteration in dacite.
Extensive manganese alteration and
local silicification in upper limestone;
clay altered dacite with manganese
alteration.
Dimensions
Manganese mineralization mined
intermittently over a strike length of 3,000
metres and untested below 30 metres from
surface.
Ag-Pb-zinc mineralization in mantos,
chimneys and skarn over a vertical
height of 800 metres and more than
3,000 metres of horizontal length.
Manganese
Mineralization
Vein and structurally controlled breccias;
manganese oxide with silver.
Mn and Fe oxide in Tertiary volcanic
and Mn veinlets in upper limestone.
Clay alteration in cap
rock
Very intense carbonate veinlets with
anomalous Ag, Zn, Pb, As, Sb, V, and W.
Pervasive clay alteration with
anomalous Pb, Zn, As, and Sb.
Comparison of size and intensity of alteration
Vinata and Santa Eulalia
Vinata Property
Old Workings:
MnOx/ Silver veins
Sta Eulalia District
50Mt @ 315 gpt Ag, 8.5% Pb, 7.5% Zn, 0.3% Cu
10 km
West
Camp
East Camp
10 km
Mined Areas
Altered Volcanics at Sta Eulalia
MnOx/FeOx
altered
Volcanics
Portillo Head
Frame
Potosi Head
Frame
Host Limestone FM
MnOx/FeOx altered
Volcanics
Altered Volcanics at Vinata
100 metres distance from main manganese
oxide vein system
Comparison of clay alteration in volcanics at outcrop scale
Strong
Manganese
Oxide veining
Intense Clay alteration in Volcanics up to 300m
from Headframe
Sta Eulalia
Vinata
Intense Clay alteration
in Volcanics
Catalyst for Mexican Projects
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Phase I program develop drill targets:
– Mapping and geochemical sampling – Dec 2008
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(Completed –drill target confirmed)
Phase II find partner to fund geophysical and
drilling program (completed)
– Option to Selwyn: Removes high share dilution while
leaving Savant with 45% of the discovery.
ƒ US $1.5 million in expenditures and Cnd $200k in payments
by August 2012
ƒ Savant maintains 45% interest
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Phase III Drill Test
– 3,000 m drilling - Q 3 or 4 2009
– Cost $450,000
Chile Copper Play
Large land package in heart of Chile’s
main porphyry copper District
„ One quarter of property explored and two
proven porphyry copper systems identified
„ Only junior company with land and
demonstrated mineralization in World’s
Premier Porphyry copper district
„ Management with experience and proven
capability to find deposits in district
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Gabriela Property Catalysts
•One of the few junior plays in the world’s
premier copper district
•5 mines producing 2.3 million tpy copper
within 100 km of property
•2008 drilling confirms deep copper
porphyries beneath lithocap alteration.
•Improving grades with depth
•Only a fraction of the property tested
•Excellent potential for multiple porphyry
copper molybdenum deposits on property.
•100% owned, holding cost < $35k per
year. (Xstrata 50% earn back to north west sector of property)
Large Untested Area with Potential for Additional Porphyry Bodies
Area of Xstrata 50% earn back
•Only 20% of property
surveyed with IP
•Two historic shallow
holes with lithocap
alteration
Lithocap
alteration
YG 08- 36 274m -Chlorite altered
andesite
Lithocap
•Hole lost before target
reached
•Grades improving with
depth
•1.5 by 1.5 km target
with single hole
Porphyry
copper
mineralization
643 m-Quartz vein with Cpy and Mo
cutting ser altered P1 intrusion
Catalysts for Building Value
Complete IP coverage over remainder of
the property in 2009. Cost $150k
„ Delay drilling Pinchazo and Corobre until
markets improve. Drilling Cost $1.8m
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– Additional holes in known zones
– Test targets from planned IP survey
JV Farm Out Opportunities
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Three projects with confirmed or historic
resources in Canada and US
– Yava project, Nunavut: Silver-rich VMS project
with historic resource wide open with 15
additional untested conductors
– Blue Moon deposit, California: precious metal
rich VMS deposit with confirmed NI 43-101
resource
– Tillex property, Ontario (Sold)
Yava Project
Catalysts
10 km south of Sabina Silver’s Hackett
River silver rich polymetallic Deposit
(47mt @4.37optAg, 4.67% Zn, 0.32% Cu, 0.68% Pb)
25 km of the least explored greenstone
belt in Canada
15 untested conductors associated with
mineralized outcrops
Yava Zone: historic resource with grades
similar to Hackett River deposit. Open on
strike and to depth.
100% owned. Holding costs less
than $6k per year. Yava mining
lease portion subject to 10% NPI that
can be purchased at any time for
$1M
Maximize Shareholder Value
High cost of exploration: $2 million for
2,500m of drilling
„ Find a Partner to move project forward
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– Drill test 15 identified conductors associated
with gossans
– Test Yava zone at depth and strike
Blue Moon
Verified N.I. 43-101 Resource
Resource open at depth
and to south
Untested 800 ft coincident
soil and IP anomalies
Potential to double current
resource
Excellent metal recoveries
Resources Indicated
Resources Inferred
Maximizing Shareholder Value
Advanced Stage Project
„ Project has significant value, but not in
Savant
„ Place in Private Company or IPO
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– Single purpose company
– American based team with history of permitting
in US.
– Golden Queen Resources model
Address:
Suite 700 – 509 Richards Street
Vancouver, BC
Canada, V6B 2Z6
Investor Communications:
President
Jack McClintock
Telephone: 604.801.7240 Ext. 2242
Website: ww.SavantExplorations.com
Email: [email protected]
Jack McClintock , P.Eng is the Qualified Person responsible for
the contents of this presentation
These forward-looking statements are based upon the reasonable beliefs of Savant and its management; however, forward-looking
statements involve risks and uncertainties and are based upon factors that may change and assumptions that may prove, with the passage of
time, to be incorrect as a result of exploration and other risk factors associated with mineral exploration and development that are beyond
the control of Savant. Accordingly, undue reliance should not be placed upon such statements. If factors materially change or assumptions
are materially incorrect, the actual results, performance or achievements of Savant may be materially different from any future results,
performances or achievements expressed or implied by such forward-looking statements. Savant does not undertake any obligation to update
or revise any forward-looking statements to reflect new information, future events or otherwise, except as required by applicable law.