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130115 canasil presentation january 2013 [compatibility mode]
- 1. www.canasil.com Gold-Silver-Copper-Zinc Exploration in Mexico and British Columbia, Canada Corporate Presentation January 2013 “Forward-looking Statements” This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, Investors are cautioned that such statements are not guarantees of future performance. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made.
- 2. Gold/Silver Exploration Platform for Creating Shareholder Value Objectives Focus Value Drivers Create Explore for Gold, Mineral Shareholder Silver, Copper, Resource Value Lead and Zinc Discovery Maximize Multiple, Large, High Potential for High Potential Quality Success Projects Partners Manage and Mexico & BC Low Dilution Reduce Risk Mineral Rich High Leverage to Infrastructure Value Added
- 3. Major Strengths for Building Share Value • Shareholder focused management team • Extensive 100% owned project portfolio • Several projects with potential for hosting very large Silver, Gold and Base Metal mineralized systems • Cooperation agreements with leading industry partners: MAG Silver La Esperanza Project Option Agreement Potential for additional cooperation agreements • Relatively low issued shares • 7 drill ready projects – 5 in Mexico and 2 in B.C. • Significant exploration expenditures in 2013
- 4. Shareholder Focused ManagementTeam - Well recognized Management Team - Extensive exploration experience - Successful track record of discoveries Management team: Alvin Jackson (Freegold Ventures, Eurozinc Mining, Amoco/Cyprus) Michael McInnis (Riverstone Res., Abacus Minerals) Gary Nordin (Nevada Pacific Gold, Eldorado Gold, Bema Gold) Arthur Freeze (Orko Silver, Goldcorp) Bahman Yamini, Pres. & CEO, Kerry Spong, CFO & VP Finance Graham Scott, Corp. Sec. & Legal Counsel (Vector Corp. Fin. Lawyers) Erme Enriquez, Director Exploration & Development, Mexico Advisors: Iain MacPhail, (CFO Far West Mining)
- 5. Share and CapitalStructure Low dilution: High potential upside value Shares issued: 73,407,873 Warrants: 5,976,999 52 Week Price Range: $0.09 - $0.29 ($0.35 - $0.225, 02/2013 - 01/2014) Current Share price: $0.15 Options: 4,475,000 Market Capitalization: $11 Million ($0.10-$0.35, 2013-2017) 3 Mth. Av. Trading Vol.: : 65,667 --------------- Fully diluted: 83,859,872 ============= Capital raised to date: $ 19 million Major shareholders: Average price Management: 12.5% per issued share: $ 0.26 Major Private Investors: 25% Working Capital: $ 1,200,000 MAG Silver Corp.: 4.5% Additional capital Marquest Asset Mgt. 2.9% on full dilution: $ 2.55 million Jan. 15, 2013
- 6. 52 Week SharePrice Performance Lower Emerging Markets “Fiscal Cliff” concerns Growth & European Debt Year-end stock sales Silver down to $30 Global Economy Concerns Resource Stocks Depressed Silver down to $27 Improving commodity prices Silver up to $35 Positive Economic Forecasts & Trend Silver from $30 to $37 ECB & Fed Monetary Support MAG Starts Phase 2 Drill Program Improving Markets & Metal Prices at La Esperanza
- 7. High Leverage toDiscovery Recent Discoveries in North Central Mexico Significant Increase in Market Cap and Share Value Created through Discovery: CANASIL: CLZ ALMADEN: AMM CANPLATS: CPQ MAG Silver: MAG Multiple Projects Multiple Projects Camino Rojo Juanicipio 700 600 • Market Cap Million Dollars 500 • Issued Shares 400 Millions 300 • Share Price In 5 cent units 200 20 = $1.00 100 100 = $5.00 0 KOOTENAY: KTN GRAYD: GYD ORKO: OK Promontorio La India La Preciosa
- 8. Focused High PotentialSilver/Gold Project Portfolio in Mexico and BC, Canada 4 Exploration Projects In BC, Canada 18,000 Hectares Land Position Located on Major Mineralized Trend Close to Operating Mines Gold, Silver, Copper Potential for Discovery of Large Gold- Copper Porphyry Deposit 10 Exploration Projects In Mexico 185,000 Hectares Land Position Located on known Mineralized Trend in Durango and Zacatecas States Silver, Gold, Copper, Lead & Zinc Operating Base in Durango Active Drill Programs Very High Discovery Potential
- 9. 7 Drill ReadyProjects in Mexico & BC Active Program - High Discovery Potential 1. La Esperanza, Durango & Zacatecas, Mexico High grade Silver Zinc Lead epithermal vein with district scale potential Option agreement with MAG Silver Corp. 3,000 Meter Phase 2 drill program completed December 2012 2. Sandra & Escobar, Durango, Mexico Gold Silver, disseminated and high grade veins 7 target Zones identified over 25 sq. km. area for drill testing 3. Salamandra, Durango, Mexico Large Silver Zinc Copper mineralized system Airborne ZTEM survey and surface sampling defining drill targets 4. Brenda, BC, Canada Gold/Copper Porphyry – Permitted for 6,000m drill program 5. Carina, Durango, Mexico Disseminated Silver Gold; Adjacent to Orko Silver La Preciosa deposit 6. Vizcaino, Durango, Mexico Gold/Silver vein - Drill targets defined for testing 7. Lil, BC, Canada High grade Silver vein – Permitted for 4,000m drill program
- 10. LA ESPERANZA Silver-Zinc-LeadProject 18,954 ha District Scale Epithermal Vein System • Option Agreement with MAG Silver Corp. • MAG to earn 60% interest, $5 million expenditures over 4 years $500,000 cash payments and up to $350,000 private placement in CLZ First year $750,000 firm expenditure including 1,500 metres drilling • Target: multiple zones, large district scale silver deposit
- 11. LA ESPERANZA Silver-Zinc-LeadProject Fresnillo Trend - Major Silver Mines and Deposits
- 12. LA ESPERANZA Silver-Zinc-LeadProject Very high grade Silver & Lead Intercepts La Esperanza drill hole ES-06-05 – Sept. 2006 – high-grade intercepts Sample No. Width m Silver g/t Zinc % Lead % 5117: 148.22 – 149.17m 0.95 2,144 0.29 3.20 5118: 149.17 – 150.15m 0.98 600 0.46 3.60 5125: 155.22 – 155.93m 0.71 837 1.66 20.71
- 13. LA ESPERANZA Silver-Zinc-LeadProject MAG Silver ZTEM Survey – High Priority Targets
- 14. LA ESPERANZA Silver-Zinc-LeadProject MAG Silver Reports Encouraging Drill Intercepts Grade increases with depth: 0.85m: 61g/t Ag, 2.5% Pb+Zn at 125m No outcrop at surface 1.49m: 192g/t Ag, 7.5% Pb+Zn at 175m Vein widens with depth 2.42m: 278g/t Ag, 8.6% Pb+Zn at 275m 0.85m at 125m, 10.28m at 275m Open along strike and at depth
- 15. LA ESPERANZA Silver-Zinc-LeadProject Drill Intercepts at Upper Level of Vein – Open at Depth ES-12-03: 2.42m: 278g/t Ag, 8.6% Pb+Zn at 267m Banded epithermal vein with sulphides
- 16. SANDRA-ESCOBAR Gold-Silver Project Large Silver-Gold Mineralized syatem • Rhyolite dome complex with argyllic and potassic alteration ringed by high grade veins - samples up to 10 g/t Gold and 1,488 g/t Silver • Physical and geological features of large intrusive hosted disseminated gold/silver systems, similar to other deposits in Durango State • 100% interest in Canasil Sandra Claims 7,500 ha • 40% interest in Pan American Silver Escobar Claims 600 ha • Excellent access and infrastructure in Northern Durango State
- 17. SANDRA-ESCOBAR Gold-Silver Project ZTEM& 1,850m Drilling March-August 2011
- 18. SANDRA-ESCOBAR Gold-Silver Project Seven Major Target Zones over 25 sq km Area Multiple Veins and Disseminated Silver-Gold Targets: 1. Maria Fernanda & Sandra Veins: SE-11-02 at 72.54 metres 0.40 m 2.58 g/t Au, 429 g/t Ag, 0.53% Cu 2. Candelaria & San Francisco Veins: Candelaria Vein SE-11-06 at 47.80 m: 2.10 m 126 g/t Ag, 0.14% Pb, 0.19% Zn San Francisco Vein SE-11-11 at 34.00 m: 1.00 m 155 g/t Ag, 0.56% Pb, 0.10 Zn 7.50 – 60.00 metres: 52.50 m 19 g/t Ag, 0.12% Pb, 0.22% Zn 3. El Encino Vein: SE-11-05 at 88.00 metres: 0.50 m 121 g/t Ag, 1.79% Pb, 6.52% Zn 11.67 m 18 g/t Ag, 0.29% Pb, 0.78% Zn 4. ZTEM Porphyry Target: Surface samples up to: 19.95 g/t Au, 158 g/t Ag, and 3.75% Cu 5. Peripheral ZTEM Target 6. Martha-La Posta Veins Area: Surface samples up to: 1,465 g/t Ag, 0.70% Pb, 0.10% Zn 7. Katie & Magdalena Veins: Surface samples up to 61.9 g/t Ag, 2.95% Pb, 1.63% Zn
- 19. SANDRA-ESCOBAR Gold-Silver Project Geotech ZTEM Survey 2011 Flight Preparation
- 20. SANDRA-ESCOBAR Gold-Silver Project Geotech ZTEM Survey 2011 Survey Flights
- 21. SANDRA-ESCOBAR Gold-Silver Project 2011 Drill program
- 22. SALAMANDRA Silver-Zinc-Copper Project Geophysics& Geochem Define Drill Targets Potential for Large Disseminated System
- 23. SALAMANDRA Silver-Zinc-Copper Project Wide Silver & Zinc Drill Intercepts Drill Intercept Width Silver Zinc Copper Lead Hole From – To m m g/t % % % SA-07-02 7.40 – 17.25 9.85 102 0.55 0.02 0.03 SA-07-02 27.65 – 35.10 7.45 50 12.00 0.22 0.06 SA-07-03 195.00 – 205.00 10.00 71 3.48 0.06 1.26 SA-07-04 196.00 – 204.00 8.00 26 1.39 0.08 0.35 SA-07-05 262.00 – 267.66 5.66 19 2.75 0.00 0.03 SA-07-06 3.40 – 15.00 11.60 13 4.05 0.20 0.03 SA-07-08 261.00 – 271.00 10.00 29 3.51 0.04 0.42 SA-07-09 355.10 – 363.30 8.20 4 2.09 0.05 0.01 SA-07-10 230.00 – 234.35 4.35 5 5.51 0.02 0.05 SA-07-11 58.40 – 62.20 3.80 40 1.30 0.12 1.16 SA-07-12 228.50 – 230.90 2.40 10 2.87 0.01 0.09 11 out of 12 drill holes intersected significant zinc-silver mineralized zones
- 24. Salamandra Silver-Zinc-Copper Project Drilling,ZTEM Survey & Geochem Sampling Potential for Large Mineralized System
- 25. Salamandra Silver-Zinc-Copper Project Geotech ZTEM Survey 2011
- 26. Salamandra Silver-Zinc-Copper Project Geochem Sampling 2011 High-grade Silver-Copper-Zinc Samples
- 27. Salamandra Silver-Zinc-Copper Project Geochem Sampling 2011 High-grade Silver-Copper-Zinc Samples
- 28. CARINA Gold/Silver Project,Durango, Mexico 12,147 ha located 45km NE of Durango Adjacent to Orko Silver La Preciosa Deposit Multiple NW-SE trending veins with quartz stockwork over 700m x 500m Anomalous Au & Ag 100-700ppb Au 10 – 100 g/t Ag Potential for large Disseminated Au/Ag system
- 29. VIZCAINO Gold Project,Durango, Mexico High Level Gold Vein over 2km Strike • 3,600ha located 127km N of Durango • Epithermal quartz vein outcrop on hillside up to 12m in width • Anomalous gold values 32 to 141 ppb Au in 20 samples over 1,000m strike distance • 2,300m to 2,350m elevation • Vein traced down across fields over strike distance of 2,500m • 161 to 667 ppb Au in 9 samples over 400m strike distance • 2,250m elevation • Increasing gold grades with depth
- 30. Durango-Zacatecas Region, Mexico Canasil Multiple Projects in a Region Hosting Major Recent Discoveries
- 31. BRENDA Gold/Copper Project,B.C., Canada • Potential for a multi-million ounce gold-copper deposit • 25km NW of Northgate Minerals Kemess South mine ( +2 mill. oz Gold, 300k oz Au/year) • Excellent access and infrastructure • Past drilling confirmed ore grade porphyry gold-copper mineralization • 2007 drilling and geophysics indicates potential for deep porphyry gold-copper system
- 32. BRENDA Gold/Copper Project,B.C., Canada Typical Large Porphyry Surface Signature Alunite Plume Surface Gossan Gold-Copper Surface Anomaly & Drill Area
- 33. BRENDA Gold/Copper Project,B.C., Canada Deep Seated Gold-Copper System 2007 Diamond drill program: Increasing gold and copper grades with depth 3D-IP Geophysics Chargeability at –300 metres
- 34. Key Factors forGrowth in Share Value • Option and Joint Venture agreement with MAG Silver to advance La Esperanza Silver project, drilling planned • Potential for further Option and JV agreements on other drill ready projects • Active exploration programs to advance projects funded by JV partners and by Canasil • Improving Economic Conditions • Higher Precious and Base Metal prices
- 35. Corporate Structure andObjectives Summary • Platform for Creating Shareholder Value • Value Added through Discovery of Gold, Silver, Base Metal Resources • Multiple Large Projects • Industry Leading Partners • High Upside Potential • Low Downside Risk