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A Premier Colombian Gold Exploration Opportunity Q1 2013
[2] Forward Looking Statement The following information may
contain forwardlooking statements. Forward looking statements
address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statement. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause Llave Oros actual results, level
of activity, performance or achievements to be materially from
those expressed or implied by such forward-looking information.
Such factors include, but are not limited to: uncertainties related
to the historical resource estimates, the work expenditure
commitments; the ability to raise sufficient capital to fund future
exploration or development programs; changes in economic condition
or financial markets, regulatory, political and competitive
developments; technological or operational difficulties or an
inability to obtain permits required in connection with
maintaining, or advancing projects; and labour relation
matters.
[3] Llave Oro Value Creation Pre-IPO $3. 8M @ $0.20 Principal
Assets Lookalikes to Buritica and Financing $280K @ $0.35 Gramalote
Deposits Shares 29,110,000 A premier Colombian-based team with a
track Outstanding record of significant exploration success Fully
Diluted 41,705,000 Identified, assembled, negotiated and advanced
exploration on Continental 9,395,000 @ $0.30 Golds (TSX: CNL) key
assets Warrants 400,000 @ $0.50 Strong relationships throughout
Colombia, with a collective 70 years working Options 2,800,000 @
$0.20 experience in the country A strong Board with extensive
experience building companies and creating shareholder value in the
capital markets Pursuing production/cash-flow scenario along with
asset/project consolidation strategy
[4] Management & Directors MICHAEL SMITH, R.G., President
Geologist with significant international mining operations
experience. Served as Chief Mine Geologist for Barrick Gold Corp.
at the Gold Strike Mine in Nevada. Subsequently became General
Manager of Exploration and Development for Barrick Gold in South
America. Former CEO of Grupo de Bullet, led key discoveries at
Buritica and Gramalote deposits BALMER ECHEVERRI, VP Exploration
Geological engineer with Masters degree in Economic Geology, 10+
years mining experience mainly in Colombia. Former Country Manager
at Barrick Gold in Colombia. Led discovery at Marsella deposit.
Former exploration Geologist on Buritica project ADRIANA GONZALEZ,
General Manager Significant mining company experience in Colombia;
a mining engineer with a Masters degree in Environmental
Management, 20+ years experience regulatory affairs, former
Concession and Environmental Manager, Colombia with Continental
Gold MARTA TOBN, Corporate Social Responsibility Responsible for
Corporative Social Responsibility programs. Experience includes
Continental Gold and Alcaldia de Medelln
[5] Management & Directors continued. JOHN CARLESSO,
Executive Chairman The founder of Cervello Capital Inc., a private
merchant bank based in Toronto; has over 15 years of international
business experience; Executive Chairman of Oremex Silver Inc. Has
extensive experience in the junior mining sector Vice President,
Corporate Development at Desert Sun Mining Corp, a company acquired
by Yamana Gold Inc. Founding CEO of Apogee Silver, acquired
Pulacayo project now entering production MICHAEL SMITH, R.G.,
Director Geologist with significant international mining operations
experience. Served as Chief Mine Geologist for Barrick Gold Corp.
at the Gold Strike Mine in Nevada. Subsequently became General
Manager of Exploration and Development for Barrick Gold in South
America MARC BAMBER, Director Mr. Bamber is a senior natural
resources hedge fund management specialist with seven years
experience at the UK-based, RAB Capital. He is very knowledgeable
in the natural resources investment sector and possesses a deep
understanding of the UK and European markets
[6] Why Colombia? Colombia is considered to be among the worlds
most desirable destinations for mineral exploration and
development, as it is rated 1st globally in terms of geologic
potential. It is the most secure Latin American country to business
, and has the 2nd best investor protection in Latin America .
Colombia is ranked 3rd in South America for "Policy Potential" ,
which measures the effects of government policies on exploration,
including mining codes, taxation, security, political security and
infrastructure. Has a stable democracy with a 98% Presidential
approval rating, as the U Party was elected for its third term in
2010. Since the 2002 election of President Alvaro Uribe, Colombia
has experienced huge improvements in security conditions, and civil
unrest no longer prevents exploration of the area. By 2012 around
US$8.8 billion in self-funded infrastructural projects have been
completed in Colombia, and it is now the 5th largest economy in
Latin America.
[7] Foreign Investment in Colombia
[8] Major Mining & Exploration Projects AREA Total
1,141,748 km2 % Water 8,8% Borders 6,004 km POPULATION Total
46,000,000 Density 38 hab/km2
[9] Regional Geology Cauca Belt Prolific Cauca Belt a
significant area EL RAYO PROJECT of exploration focus Large gold
deposits in the belt include: Buritica (Continental Gold): 3.4M oz.
Au* La Colosa (AngloGold Ashanti): 12.9 M oz. Au** Cerro Veta
(Sunward Resources): 3.7M oz Au.*** Marsella, (Barrick) New
Discovery *Continental Gold, 2012 Mineral Resource Estimate of the
Buritica Gold Project, Colombia Prepared by Mining Associates Pty
Ltd. ** AngloGold Ashanti, May 6.08 AngloGold Ashanti Announces
Significant Exploration Results at 100% owned La Colosa Project in
Colombia news 1. Continental Gold, Buritica Deposit, 3.4M oz.
Epithermal Miocene Intrusives release 2. Sunward Resources, Cerro
Veta Deposit, 3.7Moz. Porphyry Tertiary Sediments ***Sunward
Resources Deposit of 3.7M oz as per report by Behre Dolbear &
3. Bellhaven Inc La Mina Deposit, 0.8Moz Porphyry Crestaceous
Volcanic Sediments Company (USA), Inc. dated June 1, 2012, titled
"Technical Report on the Titiribi 4. Anglo-B2-Gold JV, Quebradona
Deposit, Porphyry Precambric Basement Project, Department of
Antioquia, Colombia" 5. Medoro Resources, Marmato Depsoit, 9.7M oz
IS Epithermal 6. Batero-Seafield Resources, Quinchia Deposit,
1.6Moz Porphyry 7. Barrick Gold, Marsella Deposit, Porphyry
Echeverri B. November 2011 8. Anglo Gold Ashanti, La Colosa
Deposit, 13Moz Porphyry Modified from INGEOMINAS 1:100 K
sheets
[ 10 ] Projects Overview POPALES PROJECT Located 7 km from
Continental Golds inferred 3.4M oz. Au Buritica project* Artisanal
mining inventory (ongoing) Geological mapping (completed) Vein
mapping Rock geochemistry Ground Magnetic Survey (completed)
Trenching (completed) NI 43-101 Technical Report Drill ready
project EL RAYO PROJECT Rock and soil geochemistry (completed)
Trenching Geological mapping (ongoing) Drill ready project
*Continental Gold, 2012 Mineral Resource Estimate of the Buritica
Gold Project, Colombia Prepared by Mining Associates Pty Ltd. LLAVE
ORO INC. PROPERTIES
Rivers Drive Artisinal Gravimetric Processing[ 11 ] Popales
Project Buritica look-alike Located 150 km NW of Medellin in an
emerging, high-grade district within the Cauca gold belt 7 km from
Continental Golds inferred 3.4M oz. Au Buritica project Multiple
gold bearing veins identified through preliminary exploration
Identified 45 high-grade Buritica-like veins Veins from trace up to
68 g/t Au Altered rock between veins assayed up to not fold 13 g/t
Au High grade vein and bulk mining potential Drill-ready project
with the location of 7 drill-holes identified Completed 288
line-meters of trenching 8m at 3.5 g/t Au 16m at 0.8 g/t Au,
including 8m at 1.22 g/t Au Looking South at the Popales Project
10m at 0.5 (g/t) Au
[ 12 ] Popales Project Up Close POPALES Grupo de Bullet
Continental Gold
[ 13 ] Buritica & Popales Comparison Distribution and type
of high-grade veins at Popales is very similar to Buritica
Identified 45 high-grade Buritica-like veins Numerous, high-grade
veins 100 m. up to 68g/t Au Many of the high-grade veins support
artisanal mining Mineralized stockwork zones in wall rock indicate
bulk mineable potential ILLUSTRATIONS Top: Popales Veins Bottom:
Buritica Veins
[ 14 ] Popales Geochemistry Widespread mineralization
indicates: large hydrothermal system and provides numerous drill
targets Copper and silver mineralization is associated with gold
mineralization Map: Rock chip sampling Au g/t
[ 15 ] Popales Trenching and Proposed Drilling Completed
trenches, exposing stockwork zones 4 trenches for a total of 288m
line 100 chip-channel samples pending results Proposed drilling: 3
holes totalling 1,200m Completed 288 line-meters of trenching 8m at
3.5 g/t Au 16m at 0.8 g/t Au, including 8m at 1.22 g/t Au 10m at
0.5 (g/t) Au
[ 16 ] Popales Ground Mag Ground magnetic survey completed,
23.8 line-kilometers Gold mineralization associated with magnetic
minerals Expected to provide additional drill targets
[ 17 ] Popales Images Sample from high grade vein One of many
small mills at Popales Agreement to acquire 90% for US$2.5M over a
24 month period
[ 18 ] El Rayo Project Gramalote look-alike One concession, 270
hectares Gold Anomalies Open cut exposes a shear zone roughly 11m
wide, length appears to be 1+km Chip samples yielded from 4.2 g/t
Au up to 16.6 g/t Au Alteration consists of silicification,
propillitic and sericite zones within Potential Mineralized Trend N
70 E trend of 50 m width This style of alteration is typically
associated with gold deposits observed at B2/AngloGold Ashanti
Gramalote deposit Lithological and alteration maps are being
prepared Agreement to acquire 90% for US$2.2M
[ 19 ] El Rayo Regional Geology Located in the prolific
Antioquia Batholith Belt Majors nearby: AngloGold Ashanti,
Gramalote and B2Gold
[ 20 ] El Rayo Geochemistry Geochemistry of rock chip and soil
samples indicate two mineralized zones: 200m by 50m of gold
anomalies ranging from 0.1 g/t Au to 5.4 g/t Au 270m by 170m
ranging from 0.1 g/t Au to 2.6 g/t Au
[ 21 ] El Rayo Geochemistry Los Barrera Zone Surface sampling
showed significant anomalies of gold Shear zone targets of up to
500m Environmental and drilling permits received Initial program 3
holes @ 1, 100m
[ 22 ] Llave Oro Overview Premier Colombian gold exploration
opportunity Best in class team with vast expertise in Colombia
Start-up level valuation Significant catalysts and activity during
2013 Ongoing program Popales and El Rayo have multiple drill-ready
targets Final stages of permitting Continued due diligence on
additional project acquisitions Still early days in Colombia
Pursuing production/cash-flow scenario along with asset/project
consolidation strategy
[ 23 ] Contact Information P +1 416. 309.4325 F +1 416.364.3346
Bay Adelaide Centre Suite 1200, 333 Bay St. Toronto, ON M5H 2R2
Canada [email protected] www.llaveoro.com