Mine South America: Focus on Colombia June 17, 2010
Feb 01, 2016
Mine South America: Focus on Colombia
June 17, 2010
Forward Looking Statement
The statements made in this presentation may contain forward-looking statements that involve risks and uncertainties, which may prevent expected
future results from being achieved. Forward- looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe",
"anticipate", "expect", "estimate", "project", "will be", "will continue", "will likely result" or similar words or phrases. Forward-looking statements involve risks and
uncertainties, which may cause actual results to differ materially from the forward-looking statements.
All dollar figures are in US dollars unless otherwise indicated.
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Overview
Experienced management and geologic team 200 years of expertise with over 20 different companies Discovery experience from both majors and juniors Extensive experience in Latin America
Focus on two significant gold projects : Advanced Stage Exploration Company Immediate Opportunity:
San Simon Project, Bolivia, NI 43-101
Continuing Opportunity: Fredonia - Marmato Area, Colombia
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Gold is setting up for the perfect storm
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Business Plan: Timing the Point of Sale
EEL Sale of Asset
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Management Team and DirectorsHans Rasmussen, President, COO, Director: Newmont, Rio Tinto/Kennecott, juniors
Paul Zdebiak, VP Corporate Development, Director: Commodities, markets, company building.
Dr. Odin Christensen, Director, QP: Newmont Chief Geologist, Director
Carl B. Hansen, Director: CEO Atacama Pacific Gold Corp; Ex-President andCEO Andina; also INCO, TVX Gold, Kinross
Dr. Thomas Henricksen, Director: Bear Creek, Rio Tinto/Kennecott, juniors.
Bill Jung, Chief Financial Officer: TSX-Venture companies, entrepreneur
Sean Sullivan: Consultant, Finance and Corporate Development
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Share Structure
Symbol: TSX Venture: EELFrankfurt: EAT
Shares Outstanding: 50.5 MillionOptions: 2.5 Million
Warrants: 11.3 Million
Fully Diluted: 64.4 Million
Share Price (as of June 1, 2010): $0.40
52-week High/Low: $0.75/$0.35
Market Capitalization: $20.2 Million
Debt:
Institutional Shareholders:
$0.00
Sprott Asset Management
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Why Colombia?
Least explored of the mineral rich Andes Cordillera Modern infrastructure & skilled workforce Pro-mining government, promoting rapid growth Major mining companies have presence or are
reviewing acquisitions In 2010, rated 7th best mining jurisdiction by Behre
Dolbear, an improvement over 2009 Longest running democracy in S. America, 150+ years
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Productive Porphyry Gold Terranes Worldwide
Whistler, Alaska5 Moz (Kennecott)
Lindero, Argentina2 Moz (Mansfield)
Penasquito, Zacatecas17 Moz Au (Kennecott, Western Silver, Glamis, Goldcorp)
Bingham Canyon, Utah50+ Moz (Kennecott)
Grasberg, Indonesia70+ Moz (Rio Tinto)
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Prolific Gold Belts of Colombia
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Eaglecrest Focus:Fredonia, etc.
Eaglecrest Focus:Fredonia, etc.
Greystar Ventana Gold
Galway
Greystar Ventana Gold
Galway
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Marmato District: 500 Years of Production
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Target
Level of Erosion 1km
2-20 million ounces gold is possible
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Lindero 3D Block Model – 100% Mansfield Minerals
8
2
1
9
7
10
4
35
PMP
MVZ
P2
PA
3900
3400
82
1
710
4
3
5
Potential for 25Mt of 1.15g/t Au,0.14% Cu resource
Low grade P2: 84Mt of 0.4g/t Au, 0.1% Cu
PVZ
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Fredonia-Quebradona Regional Geology
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Fredonia AreaEaglecrest/Bullet
Quebradona AreaB2Gold/AngloGold
Quebradona Drilling: >2M ounces gold51%:49% B2Gold:AngloGold Ashanti
43 holes total, 13,300m total
3 target areas tested
La Mama Zone returned best results:700m x 400m area Au-mineralized
Hole 24: 380m of 1.1g/t Au, including 80m of 2.02 g/t Au.
Hole 20: 129m of 1.0g/t Au,Hole 22: 80m of 1.0g/t Au,Hole 23: 59m of 1.66 g/t Au,Hole 25: 368m of 0.67 g/t Au,
including 78m of 1.1g/t Au.La Mama Zone
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Gold Districts, Fredonia Area
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La Mina:
Trenching: 135m 0.89 g/t Au, 0.21% Cu Drilling (6 holes total):Hole 2: 94m of 1.12g/t AuHole 4: 52m of 0.43g/t AuHole 5: 88m of 1.296g/t Au
Reserves of 5Mt at 7-10g/t gold
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Propylitically-altered porphyry up to 0.36 g/t
Au. East-west fault zone 7% Zn, 58g/t Au
Bolivia Mining Operations
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Coeur D’Alene Mines: produced 2.1M oz Ag in Q1-09 at San Bartolome; $240 M invested
Pan American Silver: operates San Vicente silver mine since 2005, doubling production; $72 M invested
Jindal Steel and Power Limited: committed $2.1 Billion to mine 50% Mutun Iron Deposit
Sumitomo: operates the San Cristobal zinc-silver mine’s 70,000 tpd open pit mine
Orvana Minerals: Don Mario Gold Mine; cash cost $350/oz Au. $5M net per quarter
Inti Raymi (formerly Newmont): Operates Korri Chaca mine
Lithium: Bolivia’s resources largest in world
At least 10 foreign mining operators are currently active
San Simon – Summary – Resource Potential
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Investment Proposition
$6.0 M to fund 2010 Exploration Program to bring Flagship Bolivian project to the point of sale to reward investors to continue growth and expansion of our Colombian resource base for
future profit and growth
Turn San Simon Project, Bolivia into market ready asset:
NI43-101 Gold Resource at Doña Amelia - contracted SRK ConsultingDrilling (20,000 metres) on Paititi-Buriti TrendIn-house resource, followed by 43-101 resource at Paititi
Work Program Fredonia Area Project, Colombia:
Airmag, sampling, mapping through Q3 2010Target selectionDrilling (2,000 metres) Q4 2010
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Valuations
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20- Year Historical Market Valuations should be $120 based on today’s gold price
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For more information, please contact:
Eaglecrest ExplorationPaul Zdebiak, VP Corporate DevelopmentT: + 1 604 687 7272E: [email protected]
CHF Investor RelationsJeanny So, Director of Operations
T: + 1 416 868 1079E: [email protected]
www.eaglecrestexplorations.com
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