TSX.V: GV
Strategically located in the PROLIFIC ‘GUERRERO GOLD BELT’
BIRICU PROJECT Guerrero State, Mexico
May 2015
TSX.V: G V
Disclaimer
The following presentation may include certain “forward-looking statements” within the meaning of applicable Canadian Securities Laws and the United States Private Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in the presentation, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company are forward-looking statements. Words such as “expect”, “ anticipate”, “estimate”, “may”, “will”, “should”, “intend”, “believe” and other similar expressions are forward-looking statements. Forward-looking statements are not guarantees of future events and are subject to risks, uncertainties, assumptions and other factors. Actual results and future events could differ materially from those anticipated in such forward-looking statements. There can be no assurance that such forward-looking statements will prove to be accurate.
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Investment Highlights
Option on 41,000 ha Biricu Property in Guerrero State, Mexico Guerrero Gold Belt (GGB) consists of significant gold deposits that have to date reached resources of over 30 Moz Au Biricu property lies along trend of known GGB deposits and prospects Encouraging Exploration and Drill Results (Jan 2015) Geology and mineralization exhibiting features consistent with neighbouring GGB discoveries Supporting geology, geochemistry and geophysics Initial Drill Program in 2014 outlined large alteration and mineralization zone with associated intervals of highly anomalous gold mineralization in classic GGB settings Experienced Board and Management Team Successful leadership and management of junior public mining companies with professional qualifications and a history of discovery
David M. Jones – Consulting Geologist, recognized GGB expert
Phase II Diamond Drill Program Scheduled to Commence in H2/2015 Follow-up drilling to highly prospective targets and drill results from 2014 Additional follow-up on newly identified zones
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Directors and Management David Baker, President & CEO, Director - Mr. Baker has over 30 years' experience in the financial industry, with particular expertise in managing and financing junior mining companies. His experience includes strategic planning, corporate structuring and reorganization, sourcing and structuring public and private financings, due diligence reviews, mergers and acquisitions. Mr. Baker managed and advanced Goldbrook Ventures until it was ultimately sold in 2012 to its Chinese joint venture partners for approximately $100 million. Mr. Baker is Executive Chairman of Source Exploration Corp. and President & CEO of Resolve Ventures Inc.
J. Earl Terris, Director - Mr. Terris had an extensive career in sales, marketing and general management in the food and beverage industry before joining Mr. Baker as a Goldbrook director in 2003, serving as an independent director and member of the audit committee until the sale of the company in 2012. Currently an independent director and member of the audit committee of both Guerrero Ventures, Resolve Ventures and is also a director of Source Exploration Corp. Mr. Terris has a BSc. from McGill University.
Matthew Watson, Director - Matthew Watson has over 20 years of executive experience with several private and public companies in Canada and the US. Prior to entering business, Matthew was a lawyer in the Vancouver office of a leading national law firm focusing on corporate commercial transactions in the resource and technology sectors. Mr. Watson has a BA and JD from UBC.
Robert McMorran, Director - Robert McMorran is a Chartered Accountant and has over 30 years experience in dealing with the management and financial reporting of public companies, the last 17 through Malaspina Consultants Inc., a private company that provides accounting and administrative services to junior mining companies. During this time Mr. McMorran has served as an officer and/or director of several public companies, primarily involved in mineral exploration and development. Mr. McMorran received a BSc. (Math) from SFU in 1976 and a Licentiate in accounting from UBC in 1978.
Don Dybyk, Director - A retired high school teacher active in the St. Catharines, Ontario area community, with experience in the mining industry in Ontario. Mr. Dybyk is a former director and audit committee member of Holmer Gold Mines Ltd., and Masuparia Gold Corp. Don is a current director of Resolve Ventures Inc.
Siegfried (Sig) Weidner, B.Sc., P.Geo, VP Exploration – Mr. Weidner has a 25 year international career in exploration including the management of several large discovery and development programs in Mexico. He spent a large part of his career at BHPBilliton and received international prospector of the year awards during his tenure and was credited as one of the discoverers of the large Spence copper porphyry deposit in Chile for Rio Algom Ltd.
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Corporate Structure Shares Issued & Outstanding Options (1) Warrants (2) Fully Diluted Insider Ownership 52 Week Hi/Low Market Cap Working Capital
(1) (2)
Exercise prices: $0.16 - $0.44 Exercise price: $0.25
52,251,960 4,924,000 15,844,800 73,020,760 4.7% $0.25 - $0.055 $1.83M $333,500
(proceeds on exercise = $984,050) (proceeds on exercise = $3,961,200)
As at March, 2015
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Attractive Option Terms Option to purchase 100% interest in Biricu concessions from Esperanza Resources (EPZ), now [Alamos/AuRico] dated Dec 21, 2011.
Up front cash payment of CDN$20,000 - (paid) 1,050,000 common shares to EPZ over 4 years – (issued) Exploration expenditures of CDN$4,000,000 over 4 years Total CDN$750,000 in Y1 (2012) and Y2 (2013) (completed) CDN$1,000,000 in Y3 (2014) (completed) CDN$2,250,000 in Y4 (2015) *Balance for final year (Y4) is ~CDN$1,000,000 2% NSR plus payment of CDN$10.00 per ounce of gold resource in BFS
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Biricu Project, Mexico
Gold - Silver project in Guerrero State, southwestern Mexico Located along prolific geologic trend of the Guerrero Gold Belt (GGB), one of Mexico's largest gold producing regions Property in close proximity to several operating gold mines and significant gold discoveries: El Limon - Los Guajes & Media Luna owned by Torex Gold (11.2 Moz Au) Bermejal - Los Filos - Nukay owned by Goldcorp (16.27 Moz Au) Ana Paula controlled by Newstrike Capital (2.25 Moz Au)
BIRICU PROJECT
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Strategically Located
Located along important structural corridor projecting SE and E from the Los Filos Mine Project, situated less than 10 km to the NW of property and along common claim boundary Target areas show strong similarities in geologic setting, alteration, and geochemical patterns to those of the numerous gold skarn deposits of the GGB Easily accessible – four hour drive from Mexico City by paved road with power lines crossing the concession Property is 186 kilometres south west of Mexico City and located near established centres of supply for materials and workers Local communities well versed in exploration and mining activities and support activities
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Biricu – Regional Geology
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GGB mineralization first discovered in 1924 with inventories in gold and silver still growing Biricu contains identical reactive carbonate and sandstone host rocks as known deposits in the region Intrusive rock types identical to those seen in the various mine project deposits
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Biricu – Exploration Programs
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2012-2014
Reconnaissance exploration work program initiated in February 2012 Broad regional stream sediment and geochemical sampling Detailed rock chip sampling in areas of identified potential and outcropping intrusives Reconnaissance mapping with a specific focus on important intrusive rock types known to be associated with GGB style gold deposits 1,400 lkm VTEM and Magnetic airborne survey by Geotech Ltd. in 2012 Interpretive report with “anomaly picks” prepared by Condor Consulting Inc. Ground truthing of “anomaly picks” and selection of initial drill targets Integrated findings of work program were used to define key target areas for test drilling in 2014 Additional Mapping and Sampling (rock and stream sediment) completed in 2014 5,300m NQ diamond drill program completed in Q4-2014 in three areas (Punto Rojo, Hornfels Hill, La Curva) 2,052 lkm Airborne Triaxial Gradiometer Magnetic Survey by Geotech Ltd. in late 2014 Interpretation and Target Modelling (Voxel-3D and Discrete Body) by GeophysicsOne Inc. completed in May 2015
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Results of Recon Work 2012
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Mapping and Geophysical Surveys
Preliminary ground work indicated several prospective target areas Areas of prospective skarn and jasperoid alteration, several with coincident gold anomalies (Punto Rojo, Hornfels Hill) Detailed mapping identified intrusions and alteration in favorable Mezcala and Morelos Formations and along the transition zone between them (East Ridge)
VTEM identified four highly ranked anomaly picks or Target Zones (TZ) Coincident with a ~10 km long zone of elevated magnetization TZ4 (Hornfels Hill) with adjacent TZ6 and TZ7 as well as TZ8 (Punto Rojo) include mapped intrusions and alteration consistent with skarn mineralization
TZ4 and TZ8, together with other prospective targets drill tested in Q4-2014 with 12 NQ core drill holes for 5,300m
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2012 VTEM/Mag Airborne Survey EM and Magnetic Signatures and Geology Used to Generate 19 Ranked Target Zones and 264 Ranked Profile Picks With Recon Sites (VTEM/Mag 2012)
Biricu 19 TZ
Areas excluded from survey
TZ1, TZ2, TZ4, and TZ8 were identified on the grid NNE that are coincident with a ~10 km long zone of elevated magnetization, that is significantly elevated in TZ1, TZ2 and TZ4
Highly ranked TZ4 (Hornfels Hill) and TZ8 (Punto Rojo) include mapped intrusions and alteration
Magnetic plate modeling in TZ4 returned a suite of source depths ranging from surface to 415m below surface. EM Plate modeling returned 1 model at a moderate depth of 121m below surface
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2014 Exploration Program
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Drilling Priority Targets; Continued Mapping & Sampling, Geophysics Initial 5,300m Phase I exploration NQ core diamond drill program completed between October 03, 2014 and December 16, 2014: Drilling: Punto Rojo Target: 5 drill holes for total 2,670m - Hole lengths from 439m to 696m Hornfels Hill Target: 5 drill holes for total 1,907m - Hole lengths from 302m to 510m La Curva Target: 2 drill holes for 811m - Hole lengths from 394m to 418m Airborne Magnetic Survey: 2,052 lkm airborne triaxial magnetic survey completed over property 10 target areas identified with modelling of responses; 1 high priority (P1) area identified (in addition to Punto Rojo and Hornfels Hill areas), additional moderate (P2) anomalies Mapping and Sampling: Additional stream sediment sampling completed, mapping
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2014 Exploration Program
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Geology and Target Areas
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2014 Exploration Program
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Target Areas - Drilling
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2014 Exploration Program
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Target Areas - Drilling
Guerrero Ventures Inc - Biricu Project, 2014 Diamond Drilling Results ** Assay Interval Hole # Length of Hole (m) From (m) To (m) Width (m) Au (g/t) Ag (g/t) Punto Rojo Area GV2014-002 616.00 163.92 164.34 0.42 8.90 8.10 189.00 212.00 23.00 0.36 0.93 359.50 360.60 1.10 1.03 0.80 GV2014-006 270.36 NSV* NSV* GV2014-010 696.48 NSV* NSV* GV2014-011 647.71 266.53 364.70 98.17 0.42 0.18 incl 274.71 284.00 17.47 0.21 0.18 incl 284.00 310.98 26.98 1.07 0.29 incl 301.35 308.20 6.85 2.78 0.92 310.98 364.70 53.72 0.17 0.11 488.00 503.80 15.80 0.16 0.50 523.00 525.92 2.92 1.11 1.98 547.12 567.50 20.38 0.15 1.65 incl 559.20 567.50 8.30 0.22 1.62 GV2014-012 438.92 NSV* NSV* *Note: NSV denotes "No Significant Values“ ** Company News Release dated January 26, 2015
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2014 Exploration Program
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Target Areas - Drilling
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Core Review & Rocks
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David M. Jones; December 7 – 11, 2014
Highlights:
“Geologic and alteration features encountered in the first round of exploration drilling, especially at Punto Rojo, indicate the presence of a broad and strongly developed skarn system that is anomalously mineralized with gold” “The ‘correct’ types of granodiorite – diorite porphyries for GGB –style mineralization were encountered in several of the PR drill holes, indicative of the potential for a stock complex capable of generating gold mineralization of economic grades and tonnages” “Thermal metamorphic (hornfels) and metasomatic skarn alteration , similar to that seen in known GGB deposits, was intercepted over broad intervals in multiple holes – this alteration is most strongly developed approaching the favorable Mezcala-Morelos contact” “Strong prograde to retrograde skarn and associated gold mineralization in the PR drill holes is most similar to Torex’s El Limon and Media Luna deposits”
* GV Internal Report: Drill core and field review of first round of exploration drilling at the Biricu Project, Guerrero, Mexico; David M. Jones, December 2014
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Core Review & Rocks
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David M. Jones; December 7 – 11, 2014
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Core Review & Rocks
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David M. Jones; December 7 – 11, 2014
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Core Review & Rocks
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David M. Jones; December 7 – 11, 2014
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Core Review & Rocks
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David M. Jones; December 7 – 11, 2014
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2014 Airborne Magnetic Survey
Target Areas on Residual Mag
Target Areas on Susceptibility Model at 400m Depth
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2014 Airborne Magnetic Survey
Target Areas on Geology
Mag Interpretation
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2015 Priority Targets
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Summary
Punto Rojo Continue drill test of large alteration system and associated gold intercepts Target area - 1km diameter porphyry granodiorite-diorite stock exposure with favorable Morelos – Mezcala transition zone at depth Southwestern extension of intrusive trend with Priority 1 (2014 airborne magnetics) anomaly Hornfels Hill Additional drill testing to determine source of metasomatic alteration Follow-up on newly identified and modelled airborne magnetic anomalies to northeast Eastern Ridge Trend of jasperoid bodies that follow Morelos-Mezcala contact along east side of claims La Curva Area of small stock exposures with 2014 drill test results requiring follow-up 2014 drilling gave anomalous results of 1.68m @ 0.83 g/t Au and 7.87m @ 0.19 g/t Au South Zones 6 anomalous zones (Priority 2 to Priority 3) from 2014 airborne require follow-up Anomalies are located directly on the southeastern trend of GGB
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Successful Execution
Dec 2011:
Feb 2012:
Optioned 100% of Biricu Property
Commenc ed initial exploratio n activity
2014: Phase I Drill Program
May 2012: Reported initial exploration results
Aug 2012:
Dec 2012:
Airborne VTEM survey
Results of VTEM survey
2013: Priority target definition; Access agreements
2015: Phase II Drill Program Discovery
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Why Guerrero Ventures?
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Property demonstrates geological attributes of other discoveries in GGB, including neighbouring Goldcorp’s Los Filos & Bermejal projects and Torex Gold’s El Limon & Media Luna projects.
2012 VTEM and Magnetic survey identified 19 anomalies including four (4) high priority target zones in 2012
Phase I drill program in 2014 has outlined highly prospective alteration and mineralization zone with gold anomalies in “classic GGB” setting at Punto Rojo
2014 Triaxial Airborne Mag identified additional targets where modelling of responses suggest larger intrusive phases below cover along an intrusive corridor
Phase II drill program scheduled to commence in H2/2015
Access agreements in place for entire property
Inexpensive and attractive GGB entry investment option.
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Contact Information Guerrero Ventures Inc. David Baker President & CEO
1077 West Cordova, Suite 3904 Vancouver, BC Canada V6C 2C6
Tel: 604-605-0777 Email:
[email protected] www.guerrero-ventures.com
Strategically located in the PROLIFIC ‘GUERRERO GOLD BELT ’ BIRICU PROJECT, Guerrero State, Mexico
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Appendix – Magnetic Models (Examples)
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Discrete Body Model
3D Voxel Inversion Model
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