San Lorenzo Gold Corp - "Exploring for Large Scale Copper Gold Porphyry and High Grade Gold in Chile"
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San Lorenzo Gold Corp. “Exploring for Large Scale Copper Gold Porphyry and High Grade Gold in Chile” February 2021
San Lorenzo Gold FORWARD LOOKING STATEMENTS This presentation includes certain statements that constitute "forward-looking information" within the meaning of applicable Canadian securities laws concerning the business, operations and financial performance and condition of the Company. All statements in this presentation that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations and orientations regarding the future. Often, but not always, forward-looking statements can be identified by words such as "pro forma", "plans", "expects", "may", "should", "budget", "schedules", estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Such forward-looking statements include, among others, statements as to the anticipated business plans and timing of future activities of the Company and to conduct exploration activities thereon. Actual results could differ from those projected in any forward-looking statements due to numerous factors including risks and uncertainties relating to exploration and development and actual results of exploration activities; the ability of the Company to obtain additional financing; delays in obtaining governmental and regulatory approvals (including of the TSX-V), permits or financing; the need to comply with environmental and governmental regulations; potential defects in title to the Company's properties; fluctuations in the prices of commodities and precious metals; operating hazards and risks; environmental issues and liabilities; and competition and other risks and uncertainties of the mining industry. Although the Company believes that the beliefs, plans, expectations and intentions contained in this presentation are reasonable, there can be no assurance that those beliefs, plans, expectations or intentions will prove to be accurate. Readers should consider all of the information set forth herein and should review the Company’s periodic reports filed from time-to-time with Canadian securities regulators. These reports and the Company's filings are available at www.sedar.com Readers are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements contained in this presentation are made as of the date of this presentation and, except as otherwise required by law, the Company undertakes no obligation to update the forward-looking statements contained herein, or to update the reasons why actual results could differ from those projected in these forward-looking statements
San Lorenzo Gold HIGHLIGHTS 1. EXPLORING ONE OF THE MOST PROSPECTIVE LARGE SCALE COPPER GOLD PORPHYRY PROJECTS IN CHILE: SALVADORA • COPPER GOLD PROJECT IS 100% OWNED, NO NSR • UNDEREXPLORED GOLD TREND IDENTIFIED BY PAST DRILLING 2. EXPLORING HIGH GRADE EPITHERMAL GOLD TARGET: NANCAGUA • 100% OWNED, NO NSR • SIX LINEAR KM OF VEIN SYSTEMS 3. COPPER AND GOLD ARE EXPECTED TO BE THE TWO BEST PERFORMING METALS IN 2021 4. EXPERIENCED MANAGEMENT AND DIRECTORS WITH CAPITAL MARKETS AND TECHNICAL EXPERTISE 5. EXPLORATION TEAM IS BASED IN CHILE PROVIDING LOCAL KNOWLEDGE AND EFFICIENCIES
San Lorenzo Gold CAPITAL STRUCTURE (1)(2) Shares outstanding 48,523,323 Options 3,683,333 (3) Fully Diluted 52,206,656 (4) Escrowed Shares 9,395,000 (1) Proforma – post amalgamation and $1.5 mm private placement (2) Includes 5.3 mm Tailwind shares – ave. issue price of 9.4 cents (3) 533,333 exercisable at $0.15 to May 2028, 3,150,000 exercisable at $0.16 to January 2031 (4) Three Year Escrow Period (from December 2020 Cash – C$1.6 million (Proforma assumes $1.5 mm financing) Debt - C$1.0 million (Due Nov. 30/21 to Lithium Chile – unsecured)
San Lorenzo Gold • Salvadora is in the “Land Of Giants”. • Within the highly productive Andean Mega Porphyry Copper Belt which hosts some of the world’s largest porphyry copper-molybdenum and copper- gold mines including the world class El Salvador copper-gold mine. • Salvadora is situated approximately 15 km from the El Salvador mine and is in a similar geological setting. • The El Salvador mine started production in 1956: • Copper grade +1% • Past Production, Proven + Probable Reserves of 1.7 billion tonnes • Mine has produced/contains 24.81 billion pounds of copper and 5.6 million ounces of gold. • Nancagua is a high grade epithermal gold-silver property • Lies within the South Central Gold Belt host to a number of million ounce gold-silver deposits.
San Lorenzo Gold SALVADORA Regional Setting El Salvador Mine • Geological setting and alteration of the zones is similar to that at El Salvador 15 km to the northeast. 15 km • The El Salvador Deposit occupies 25% of the 2 km2 area of its associated alteration system • Salvadora Property is 8,800 hectares or 88 km2 with several areas of intense alteration which are 2 km2 or greater Salvadora Property
San Lorenzo Gold SALVADORA • Porphyry copper systems display key characteristics • Geology • Alteration • Mineralization • Salvadora has three porphyry style alteration systems; CMZ, CSZ, CBZ and • Two extensive epithermal vein systems; TAZ, CAZ with strong copper-gold surface mineralization • Geology • Mapping by San Lorenzo confirms locally favorable intrusives are Eocene sub-volcanic porphyritic dacitic - rhyolitic plugs similar in character and age to the mineralizing porphyries at El Salvador • Alteration • Key for porphyries is argillic and potassic clay alteration • Salvadora has three areas that display intense clay alteration • Mineralization • outcrop and float samples from three zones assayed 0.14–2.77% copper and 0.04 – 0.28 g/t gold
San Lorenzo Gold SALVADORA • Mineralization (continued) • Drilling has confirmed surface copper – gold mineralization • Limited number of drill holes and widely spaced TAZ and only a few of the zones • Salvadora Property hosts numerous prospects and old CAZ workings • Outcrop and underground panel samples were taken from TAZ and CAZ • TAZ samples assayed from 1.45% Cu and 0.2 g/t Au to 15.45% Cu and 2.14 g/t Au over 2-5 metres • CAZ samples returned 5.1 - 154.5 g/t gold, 1.3 - 61.8 g/t silver and 0.155 - 1.75% copper over 1.5 – 2.1 metres
San Lorenzo Gold Salvadora • El Salvador mine, 15 km from Salvadora, occupies 25% of its 2km2 alteration system • Three zones on the Salvadora property have broad areas of anomalous copper of 2km2 or more • Two 0.5 – 0.8 km2 areas of 2 km2 surface copper anomaly at TAZ average 0.2% and 0.28% Cu in soils • CMZ is 8 km2 and has copper in soils and streams averaging 0.05 to 0.1% • CBZ also averages 0.05 - 0.1% Cu in soils and is 3 km2 CBZ shows intense alteration and leach cap
San Lorenzo Gold Salvadora • Geophysical surveys, in particular Induced Polarization (“IP”), is a key tool for copper porphyry systems • Salvadora responds well to IP but most of the property has not been surveyed • Despite a lack of IP coverage several areas show high Strong chargeability anomalies chargeability • CMZ is underlain by a strong IP chargeability anomaly that is open to the NE, NW and at depth below 350m. • The central and east sectors of CBZ are also underlain by a moderate to strong IP chargeability anomaly that is open to the west and locally at depth. IP Resistivity (top) and Chargeability (bottom )Profile – coincident strong resistivity and chargeability are ideal targets in a porphyry system
San Lorenzo Gold SALVADORA • Drilling has been limited • 13 holes totaling 2,700 metres • Many of the prospective zones have not been drilled • Only seven holes targeted alteration, IP, soil anomalies TAZ • Despite limited drilling the results are very encouraging CMZ From To Width Cu Au Ag Zone Hole (m) (m) (m) % g/t g/t Feliz SAL-03-16 36 71 35 0.28 0.11 0.5 Retiro CMZ SAL-06-18 118 274 156 0.28 0.08 0.5 SAL-04-16 95 127 32 0.32 1.66 2.3 Feliz SAL-04-18 70 82 12 0.27 1.74 2.9 Retiro Including 71 75 4 0.57 6.48 6.0 SAL-05-16 50 54 4 1.52 0.15 10.0 SAL-06-16 36 70 34 1.48 0.22 8.5 TAZ (Tres Including 48 54 6 5.71 0.10 21.7 Amigo) SAL-01-18 59 109 60 0.47 0.17 3.09 Including 75 107 33 1.07 0.37 4.5 SAL-02-18 15 40 25 1.04 0.25 26.9
San Lorenzo Gold NANCAGUA • 100% owned, no royalties (1,200 ha) • Property is located approximately 120 km south of Santiago and is at low elevation, access is good • Target is high grade gold and silver in epithermal veins • Six linear kilometres of gold-silver bearing epithermal veins in four major systems defined to date. • Four target zones of 3 – 50 g/t gold and 10 – 55 g/t silver over 1.5 – 3.0 metre widths • Strike lengths in surface outcrop of 150 – 250 metres
San Lorenzo Gold NANCAGUA Historic high-grade drill intercepts of two metres grading 45 g/t gold and 331.8 g/t silver and three metres grading 15.4 g/t gold and 188.7 g/t silver at the one zone drilled to Visible Gold Sample date. Raphael Vein System Visible gold - Raphael Vein surface sample 50 g/t
San Lorenzo Gold THE TEAM Ken Booth, Director and President, Mr. Booth has been the President of Highwood Advisory Services Inc., a financial consulting firm, since February 1999. Mr. Booth holds a Bachelor of Science degree (Geology) and an MBA. Previously Mr. Booth was a Vice-President, Investment Banking with RBC Dominion Securities Inc. in Toronto and Vancouver, specializing in corporate finance for the mining industry and a member of the Mining Group of Nesbitt Burns Inc. Mr. Booth has been a director of several public companies and is currently a director of three on the TSX Venture Exchange. Terence Walker–Director and Vice President, Exploration, Mr. Walker is a professional geologist with over 52 years of experience in mineral exploration in 12 countries. Mr. Walker has a BSc. (Geology) from the London School of Mines and a MSc. (Geology) from McGill University and is a P. Geo. He resides in the city of La Serena, Chile. Al J. Kroontje, –Director, Mr. Kroontje has been involved in exploration, development and production operations in both the oil and gas and mineral exploration sectors for over 30 years. He has been very involved in mineral exploration activities for gold, copper, silver and lithium in Chile for the past 11 years. Mr. Kroontje holds a Bachelor of Science degree (Chemical Engineering) and has been involved in numerous corporate start-up and financing transactions which involve both publically listed and private enterprises. Kevin R. Baker, Q.C.–Director, Mr. Baker has extensive experience managing corporate startups, including management experience in relation with operations, corporate securities and initial public offerings. Mr. Baker holds a Bachelor of Arts degree and a Bachelor of Laws degree (LLB) all from the University of Alberta. Mr. Baker serves as the President of Baycor Capital Inc., a private merchant bank with its head office in Calgary, Alberta. Mr. Baker has served on the boards of a number of oil and gas exploration and production companies and a number of oilfield service companies. John F. K. Aihoshi–Chief Financial Officer, Mr. Aihoshi has been a Chartered Professional Accountant and is currently the Chief Financial Officer of N7 Exploration Ltd., an Alberta-based oil and gas company. Mr. Aihoshi holds a Business Diploma from the Southern Alberta Institute of Technology and a Logistics Lieutenant designation from the Canadian Forces Officer Candidate School. Mr. Aihoshi has been Chief Financial Officer of several public companies as well as a Corporate Controller.
San Lorenzo Gold Why Invest in San Lorenzo 1. The Projects – two highly prospective, wholly owned properties a. Salvadora – potential to host large tonnage copper porphyry 15 km from world class open pit copper mine; b. Nancagua – high grade gold – silver epithermal vein target c. Both projects are under-explored; 2. Exposed to copper and gold – projected to be two best performing metals in 2021; 3. The Share structure – a. “Get in early” – market of only $4.2 million (42 million shares); 4. News Flow – a. Exploration on two properties will generate abundant news flow; 5. The Team a. CEO has over 35 years of exploration and capital markets experience b. VP of Exploration has over 50 years of exploration experience and is based “in country”; c. Experienced board of directors
San Lorenzo Gold Thank You • KEN BOOTH, PRESIDENT & CEO • EMAIL: BOOTH@SANLORENZOGOLD.COM • WEBSITE: WWW.SANLORENZOGOLD.COM • PHONE: 604-340-6933
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