Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH...
Transcript of Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH...
![Page 1: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX 2013 ACTIVITIES](https://reader034.fdocuments.us/reader034/viewer/2022050403/5f80957a96501171345d2b50/html5/thumbnails/1.jpg)
TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
Advancing to Production
May 2013
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
DISCLAIMER
This presentation may contain forward-looking
statements concerning the Company’s plans for
its properties, operations and other matters.
These statements refer to analyses and other
information that are based on forecasts of future
results, estimates of amounts not yet
determinable and assumptions of management.
Statements concerning reserves and mineral
resource estimates may also be deemed to be
forward-looking statements to the extent that
they involve estimates of the mineralization that
will be encountered if the property is developed
and in the case of mineral reserves, such
statements reflect the conclusion based on
certain assumptions that the mineral deposit can
be economically exploited. Any statements that
express or involve discussions with respect to
predictions, expectations, beliefs, plans,
projections, objectives, assumptions or future
events or performance are not statements of
historical fact and may be “forward-looking
statements”. Should one or more of these risks
and uncertainties materialize, or should
underlying assumptions prove incorrect, actual
results may vary materially from those described
in forward-looking statements. Forward-looking
statements are made based on management’s
beliefs, estimates and opinions on the date the
statements are made and the Company
undertakes no obligation to update forward-
looking statements if these beliefs, estimates
and opinions or other circumstances change.
Investors are cautioned against attributing undue
certainty to forward-looking statements. Some
information provided is of a confidential nature
and cannot be divulged or used for gain until it is
made public.
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
ABOUT ANTIOQUIA GOLD
• Canadian junior: TSX-V and OTCQX
• Share price: $0.05
• 52-week high/low: $0.37/$0.03
• shares outstanding: 154M
• fully diluted: 220M
• Focused on gold opportunities in Colombia
• operating out of Medellin since 2007
• Solid experience in exploration, development,
production
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
BOARD OF DIRECTORS
• James H. Decker
• Ernesto Bendezu Flores
• Felix Navarro-Grau Hurtado
• Fernando Jaramillo
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
MANAGEMENT TEAM
• Fernando Jaramillo, Director, President and CEO
• Jim Decker, P.Eng, Director, Executive VP
• Rodger Roden, CA, Chief Financial Officer
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
STRATEGIC PARTNER - CMH
• CMH: Consorcio Minero Horizonte
• Peruvian private company: own 45% of AGD shares
• Produced >200,000 oz Au in 2012, mostly from Parcoy Mine
• Parcoy very similar geologically to Cisneros
• Strong technical group
• geology
• mining
• processing
• 30+ years underground mining experience
www.cmh.com.pe
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
LAND POSITION (~40,000 ha)
Bucaramanga
Bogota D.C.
CAUCA PORPHYRY BELT ANTIOQUIA
BATHOLITH CONTINENTAL – BURITICÁ (6.4M oz)
ANGLO/B2 - QUEBRADONA
GRAN COLOMBIA – MARMATO (12.4M oz)
SEAFIELD – QUINCHEA (2.0M oz)
ANGLO – LA COLOSA (12.9M oz)
ANGLO/B2 – GRAMALOTE (2.3M oz)
VENTANA - LA BODEGA
GREYSTAR - ANGOSTURA
SUNWARD - TITIRIBI (8.0M oz)
CAICEDO
CONCORDIA -BETULIA
JERICÓ
GAVIA
AGUADAS
MANIZALES NORTE
CISNEROS CAÑAS GORDAS
AGD Projects
Other Projects
Medellin
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
ACHIEVEMENTS TO DATE
• All drill sites 100% reclaimed
• Metallurgical tests indicate >90% gold recovery
• Guaico Tunnel Environmental & Production Permit Approved
• Responsible community relations – ongoing communication
CISNEROS DRILLING SUMMARY YEAR METERS DRILLED NO. OF HOLES NO. OF SAMPLES
2009 3,900 30 2,200
2010 9,400 49 3,300
2011 19,000 84 9,600
2012 13,100 46 6,100
TOTAL 45,400 209 21,200
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
2013 ACTIVITIES
• NI 43-101 Resource Estimate completed by June 30
• Acquire land for Guaico tunnel entry and support facilities
• Engineer & build Guaico (650 m) tunnel by Dec 31
• Complete NI 43-101 PEA by year end including: • Nominal annual production of 35,000 oz Au
• Conceptual design for 600 tpd process plant
• QP supported conceptual mine method & design
• Associated studies in support of the above • Geotechnical & Hydrological
• Mine Water Treatment & Disposal
• Site definition for Plant, Waste Dumps & Tailings Disposal
• Secure Environmental & Production Permit for Guayabito tunnel
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
2014 Activities
• Engineer & Build Guayabito tunnel (600 m)
• Initiate drilling (15,000 m) within tunnels:
• Establish a reserve base for first 5 years mine production
• Identify resource base for 10 years of mine production
• Initiate drilling (5,000 m) in additional identified
prospects (Suramerica, Chamuela, Nus extension)
• Extend Guaico tunnel (600 m) toward Papi – NUS
• Complete Studies supporting a “Go Production”
decision by year end
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
PRELIMINARY ECONOMIC ANALYSIS
• Modern underground mining, trackless equipment
• 600 tpd gold processing facility, used plant as a base
• Dry tailings disposal/rock
• Financing ~$40 million
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
ANGLO/B2 –
GRAMALOTE (2.3M oz)
CISNEROS PROJECT - LOCATION
CISNEROS
Medellin
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LA QUIEBRA - EL LIMÓN
BAREÑO
LOS PLANES
SANTA GERTRUDIS
MONTE BELLO
CUCURUCHO
ALTO LA CUMBRE
ROCK
SEDIMENTS
PANNING
STRUCTURES & GEOCHEMICAL ANOMALIES
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
14
Au: 4.3 ppm Ag: 2.1 ppm As: 1.7 ppm Cu: 768.4 ppm Mo: 34.6 ppm
Au: 1.5 ppm Ag: 7.4 ppm As: 18.6 ppm Cu: 5518.6ppm Mo: 1.9 ppm
Au: 5.4 ppm Ag: 4.3 ppm As: 2.5 ppm Cu: 1443.7 ppm Mo: 8.1 ppm
Au: 3.4 ppm Ag: 4.0 ppm As: 5.6 ppm Cu: 567.4 ppm Mo: 1.9 ppm
1000 msnm
1500 msnm
GUAYABITO
GUAICO NUS
Au ppm
Ag ppm
As ppm
Cu ppm
Mo ppm
PÓRFIDO ? (Cu – Au –Mo)
Mo) )
MANUELA CHAMUELA
SOROMA CHAPULIN
FLUIDO HIDROTERMAL
MINERALIZATION MODEL & GEOCHEMISTYRY
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Cisneros Valley
Polished Sample showing: Pyrite -Chalcopyrite, Bismuthinite & Native Gold Guaico Vein (Artisenal Mine Workings)
Drill Core Storage: Cisneros
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
GUAYABITO
GUAICO
PAPI
SECTOR NUS
U
D
FALLA NUS
FALLA CISNEROS
FALLA BAREÑO
MANUELA CHAMUELA
SOROMA CHAPULIN
GUAICO TUNNEL – PLAN VIEW
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
Au: 5.4 ppm Ag: 4.3 ppm As: 2.5 ppm Cu: 1443.7 ppm Mo: 8.1 ppm
1000 msnm
1500 msnm
GUAYABITO
GUAICO NUS
Au ppm
Ag ppm
As ppm
Cu ppm
Mo ppm
PÓRFIDO ? (Cu – Au – Mo) )
MANUELA
FLUIDO HIDROTERMAL
SOROMA
GUAICO TUNNEL – SECTION VIEW
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
GUAICO TUNNEL – TYPICAL X-SECTION
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
TYPICAL MINING EQUIPMENT PLANNED
3 m3 Scoop
Single Jumbo Drill
30 t Truck
20 t Truck
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
PARCOY MINE
3 m3 Scoop & 12 t Truck
Supervisor Pick-up
Mine Entrance
Single Jumbo Drill
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
PARCOY MINE
Waste Rock Transfer
Waste Rock Train (10 t cars)
Dump Pocket & Grizzly
30t Ore Truck
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CONCEPTUAL PROCESS PLANT FLOW SHEET
ORE FEED ORE FEED
JAW
CRUSHER
SCREEN SCREEN
BALL MILL
HYDROCYCLONE
REGRIND
BALL MILL
GRAVITY
SEPARATION
DEWATERING
GOLD BULLION GOLD BULLION
FLOTATION
CIRCUIT
GOLD
PRECIPITATION
DRY TAILINGS
DISPOSAL
SMELTING
FILTRATION
GOLD BULLION GOLD BULLION
THICKENERS
GOLD
CONCENTRATE
CN DESTRUCTION
REACTORS CONTAINMENT
LEACHING
FILTER
PRESS
FILTER
PRESS
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
PARCOY PROCESSING EQUIPMENT
Ball Mill Flotation Cell
Filter Press Ore Conveyor
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
PARCOY DRY TAILINGS STRUCTURE
Compactor
Geotextile Liner
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TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com
FINANCING NEEDS
• Financing Tranches
• 2013: $4 Million
• 2013: $8 Million
• 2014: $30 Million
• Alternatives Under Review
If 2013 – 2014 goals achieved, Company will
make a "GO" decision to produce gold by 2015