www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
1 !
Company Presentation!February 2013!
DISCOVERING GOLD, SILVER & COPPER IN SOUTH AMERICA!
PERU
CONDOR DE ORO
DESEADOPROJECTS
Condor de Oro Project!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
2 !
The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purposes of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested.
This presentation (�Presentation�) relating to Mariana Resources Limited (the �Company�) does not constitute or form part of, and should not be construed as an offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in the Company in any jurisdiction. Neither the Presentation, nor any part of it nor anything contained or referred to in it, nor the fact of its distribution, should form the basis of or be relied on in any connection with or act as an inducement in relation to a decision to purchase or subscribe for or enter into any contract or make and other commitment whatsoever in relation to any such securities. In particular, details included in this Presentation are subject to updating, revision, further verification and amendment and refer to events as having occurred which have not occurred at the date of this Presentation but which are expected to happen in the future. Any decision to purchase or subscribe for securities in the Company should be taken on the basis of information to be contained in the admission document to be issued in due course. This presentation does not constitute a recommendation regarding the securities of the Company.
The contents of this Presentation are confidential and may not be copied, distributed, published or reproduced in whole or in part, or disclosed or distributed by recipients to any other person. No reliance may be placed for any purpose whatsoever on the information or opinions contained in the Presentation or on its completeness, accuracy or fairness. No representation or warranty, express or implied, is made or given by or on behalf of the Company or its directors, officers, employees, agents or advisers as to the accuracy, completeness, or fairness of the information or opinions contained in the Presentation and no responsibility or liability is accepted by any of them for any such information or opinions.
This presentation is exempt from the general restrictions in section 21 of the Financial Services and Markets Act 2000 (�FSMA�) on the communication of invitations or inducements to engage in investment activity on the ground that it is only being made to or directed at persons who fall within the exemptions contained in article 19(1) (investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the �Order�) and persons who are otherwise permitted by law to receive it (together �relevant persons�). This document must not be acted on or relied on by persons who are not otherwise permitted by law to receive it (together �relevant persons�). This document must not be acted on or relied on by persons who are not relevant persons. Any recipient of this Presentation who is not a relevant person should return this Presentation to the Company immediately, not attend the presentation and take no other action.
The information contained in this Presentation is not for publication or distribution to persons in the United States of America and it�s territories or possessions or to any US person (within the meaning of Regulation S under the US securities Act of 1933, as amended). Neither this Presentation nor any copy of it may taken or transmitted to Ireland or Japan or to any securities analyst or other person in any of those jurisdictions. Any failure to comply with this restriction may constitute a violation of United States, Irish or Japanese securities law. The distribution of this Presentation in any other jurisdictions may be restricted by law and persons into whose possession this Presentation come should inform themselves about, and observe such restrictions.
By attending this presentation, you agree to be bound by the restrictions in this disclaimer.
Disclaimer!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
3 !
! Exposure to company maker drill targets at Condor de Oro Project Peru:!– !Option to acquire 51% of large untested
porphyry gold-copper system!– !Local Community on-side – drill permit
progressing – 1500m minimum!
! Mariana adapting to current exploration downturn in Argentina with focus E Deseado:!– !Strategic bulk tonnage resource and
potential upside at Las Calandrias!– !Target definition on-going at Los Cisnes
and Bozal – emphasis on high grade!
! AngloGold Ashanti major shareholder (19.9%)! “Discovery driven – capacity to advance projects through the value curve”
Overview!
LAS CALANDRIAS
SIERRA BLANCALOS CISNES
Deseado Massif – Santa Cruz Gold-Silver Province
Santiago
Lima PERU
CONDOR DE ORO
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
4 !New Strategy for 2013 – Mariana diversifies exploration efforts !
Focus Peru Opportunity to drill untested Au/Ag/Cu porphyry system – drilling anticipated 1H 2013 – company maker potential
Argentina Low cost exploration of recent regional discoveries –
targeting high grade
Board restructured to deliver this strategy
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
5 !The Mariana Team – Discovery to Mine Building Experience!
THE BOARD!
John Horsburgh Non-executive Chairman – RTZ, Billiton, Getty, Solpac, Cullen!
Glen Parsons Executive CEO – RFC, Neptune!
Dr Eric Roth Non-executive – AngloGold Ashanti, Extorre !
Chris Mitchell Non-executive – Constellation Copper, CoCa Mines, Orvana, Viceroy, Endurance Gold, First Point Minerals, Skyline Gold!
!MANAGEMENT & CONSULTANTS!
Sharon Cooper Acting CFO – Ernst & Young
Ray Angus Project Manager CDO – Cyprus, Newcrest, Monterrico!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
6 !Key Data – AIM : MARL!
Jan 2013 Feb 2013Dec 2012Nov 2012Oct 2012Sept 2012
4p
3p
5p
6p
7p
Capital structure (12 February 2013) !
Shares issued !! 230.8 M !!
Options issued !! Directors and employees – 12.3 M !Others – 0.4 M !!
Share price (12 February 2013)! 3.38p !!
Market capitalisation ! £7.8 M !!
12 months high/low !! 11.99p / 3.38p !!
Cash position (31 December 2012) ! £1.180 M !!
Brokers !! RFC Ambrian Ltd !!
Nominated Advisor !! RFC Ambrian Ltd !!
Top shareholders (12 February 2013)
AngloGold Ashanti Holdings PLC.! 19.9%!
Hochschild Mining ! 4.8%!
Craton Capital! 3.5%!
Australian Investors P/L ! 3.3%!
Directors! 4.8%!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
7 !Peru – Company Maker Opportunity!
! Major World metal producer – 2nd largest silver – 3rd largest copper and zinc – 6th largest gold, No. 1 in Latin America
! Most mining majors operate in Peru
! Mining provides 61% of the nation's exports
! US$40B expected to be invested over the next decade
! GDP growth of 6% for 2012
! Lowest annual average inflation in Latin America
Lima
CHILE
PERU
BOLIVIA
ECUADORCOLOMBIA
BRAZIL
PACIFICOCEAN
Project
Gold Deposits
Copper Deposits 300 km
PERU
Aruntani
Arasi
Las Chancas Las Bambas
CerroVerde
Antamina
Toromocho
Pashpa
YanacochaMinas CongaGalenoMichiquillayShahuindoLa ArenaAlto Chicama
La Granja Cerro CoronaCañariaco
MiradorFruta del Norte
Pierina
CuajoneToquepala
RioBlanco
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
8 !Cordillera del Condor Belt – Northern Peru !
! 200km belt along Ecuador-Peru border
! Hosts CuAu/CuMo porphyries & epithermal gold deposits
! Ecuador side – – Fruta del Norte – Kinross –
13.6M oz Au @ 7.2g/t Au – Mirador – 25b lbs Cu 4.5Moz Au
! Peruvian side – Relatively unexplored
Condor de Oro
EQUADOR
AMAZONAS
MACHALA BELT
CO
RD
ILLE
RA
DEL
CO
ND
OR
BEL
T
PERU
Fruta del NorteAcquired by
Kinross $1.2B
MiradorAcquired by
CRCC-Tongguan $679M
Rio BlancoAcquired by Zijin $165M
700000 mE 750000 mE 800000 mE
700000 mE 750000 mE 800000 mE
9600
000
mN
9550
000
mN
9500
000
mN
9450
000
mN
9600
000
mN
9550
000
mN
9500
000
mN
9450
000
mN
Condor Resources
Hochschild
Dorato Resources
Zijn
NDR
Others
National Park
Gold Deposits
Copper Deposits
25 km
CONDOR DE ORO PROJECT
CDC Claims
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
9 !Condor de Oro Project!
! 102km2 – two 4km2 untested centres of mineralisation
! Condor Resources Inc. has granted options to earn 51% in Pucayacu Gold-Copper and the Yuracyacu Copper-Silver Properties
! Mariana can acquire 51% in each by spending US$12.5M in 4 years + cash/share payments of US$2.5M for each
! Min commitment at Pucayacu is US$500,000 Year 1, incl. 1,500m drilling
! Mariana’s Ray Angus has specific N Peruvian experience in advancing early exploration to resource stage
732000 mE 736000 mE 740000 mE
732000 mE 736000 mE 740000 mE
9468
000
mN
9464
000
mN
9464
000
mN
9460
000
mN
9468
000
mN
9460
000
mN
Homblende Feldspar Porphyry
Quartz Feldspar Porphyry
Jurassic Andesites
Jurassic Volcanics/Sediments
Cretaceous Quartzites
Tenament Boundary
Quartz Veins
Fault/Lineament
Stream
2 km
CONDOR DE ORO PROJECT
EQUADOR
PERU
GOLD-SILVER-BASE METALSTARGET AREA
GOLD-SILVER-COPPERTARGET AREA
Mineralised Zone with Basecamp!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
10 !Pucayacu – Major Gold & Base Metal Bulk Tonnage Potential !
! Pucayacu – Large AuAgCu system hosted by Quartz Feldspar Porphyry
! Mineralised centre defined by mapping, geochem and magnetics
! Coincident gold and multi-element rock/soil/stream sediment anomalies
! Intense alteration ! Prominent magnetic lows ! Placer gold in drainages ! No previous drilling
731400 mE
9462
000
mN
731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
731400 mE 731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
9462
000
mN
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
EQUADOR PERU
400m
TARGETAREA
Quartz Feldspar Porphyry
Jurassic Andesites
Jurassic Volcanics/Sediments
Land Properties
Quartz Veins
Fault
Stream
CONDOR DE ORO PROJECT
Quartz Feldspar Porphyry-Disseminated Sulphides!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
11 !Pucayacu – Central Zone – Intense Alteration & Mineralisation !
! Quartz-sericite + Pyrite/ Chalcopyrite/Covellite, Bornite
! Disseminations/stockworks/veinlets
! Quartz-sericite-clay + limonite
731400 mE
9462
000
mN
731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
731400 mE 731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
9462
000
mN
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
EQUADOR PERU
TARGETAREA
Qtz-Sericite + Pyrite-Copper Sulphides – disseminated, stockworks, veinlets
Qtz-Sericite-Clays + Limonite
Qtz-Chlorite-Sericite + Pyrite – Qtz-Py-Lm stockworks
Tenament Boundary
Quartz Veins
Fault
Stream
400m
CONDOR DE ORO PROJECT
Quartz Feldspar Porphyry Stockwork !
Mineralised Quartz Feldspar Porphyry!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
12 !Pucayacu – Coincident Gold & Multi-element Geochemistry !
EQUADOR PERU
TARGETAREA
731400 mE
9462
000
mN
731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
731400 mE 731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
9462
000
mN
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
Qtz-Sericite + Pyrite-Copper Sulphides – disseminated, stockworks, veinlets
Qtz-Sericite-Clays + Limonite
Qtz-Chlorite-Sericite + Pyrite – Qtz-Py-Lm stockworks
Tenament Boundary
Quartz Veins
Fault
Stream
400m
CONDOR DE ORO PROJECT
Rock Outcrop Au (ppb)1,000 to 13,200 ... (18)500 to 999 ........... (20)100 to 499 ......... (127)<100 .................. (186)
Rock Float Au (ppb)1,000 to 16,000 ..... (7)500 to 999 ............. (4)100 to 499 ........... (32)<100 .................... (33)
Soil Au (ppb)
1,000 to 1,981 ....... (2)500 to 999 ............. (2)100 to 499 ........... (39)<100 .................... (42)
Helicopter Support!
Altered Mineralised QFP 2.2 g/y Au & 7g/t Ag!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
13 !Pucayacu – Copper Geochemistry !
Secondary Copper Occurance!
Leached Capping!
731400 mE
9462
000
mN
731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
731400 mE 731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
9462
000
mN
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
EQUADOR PERUQtz-Sericite + Pyrite-Copper Sulphides – disseminated, stockworks, veinlets
Qtz-Sericite-Clays + Limonite
Qtz-Chlorite-Sericite + Pyrite – Qtz-Py-Lm stockworks
Tenament Boundary
Quartz Veins
Fault
Stream
400m
CONDOR DE ORO PROJECT
Rock Outcrop Cu (ppm)1,000 to 2,796 ..... (17)500 to 1,000 ........ (36)100 to 500 ......... (216)<100 .................... (82)
Rock Float Cu (ppm)1,000 to 10,000 ..... (5)500 to 1,000 ........ (13)100 to 500 ........... (48)<100 .................... (10)
Soil Cu (ppm)
1,000 to 1,836 ....... (1)500 to 1,000 .......... (5)100 to 500 ........... (40)<100 .................... (39)
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
14 !Pucayacu – Coincident Magnetic Lows !
732000 mE 733000 mE 734000 mE 735000 mE
732000 mE 733000 mE 734000 mE 735000 mE
9465
000
mN
9464
000
mN
9463
000
mN
9462
000
mN
9465
000
mN
9464
000
mN
9463
000
mN
9462
000
mN
Tenament Boundary
Quartz Veins
1 km
CONDOR DE ORO PROJECT
732000 mE 733000 mE 734000 mE 735000 mE
732000 mE 733000 mE 734000 mE 735000 mE
9465
000
mN
9464
000
mN
9463
000
mN
9462
000
mN
9465
000
mN
9464
000
mN
9463
000
mN
9462
000
mN
CO
RD
ILLE
RA
DEL
CO
ND
OR
BEL
T
Tenament Boundary
Quartz Veins
Fault/Lineament
1 km
CONDOR DE ORO PROJECT
! Magnetic lows indicate at least two centres of mineralisation
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
15 !Pucayacu – Drill Plan – Priority Central Zone !
! 20 drill sites – first level of permitting
! Targeting 2 x 2km area
! Wide spacing – 300-400m x 500m
! 1500m minimum Q2/2013
! 7 priority holes
! Drilling subject to final approvals – in progress
Main Helipad looking North!
731400 mE
9462
000
mN
731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
731400 mE 731800 mE 732200 mE 732600 mE 733000 mE 733400 mE 733800 mE 734200 mE 734600 mE 735000 mE
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
9462
000
mN
9462
400
mN
9462
800
mN
9463
200
mN
9463
600
mN
9464
000
mN
9464
400
mN
9464
800
mN
9465
200
mN
9465
600
mN
EQUADOR PERU
TARGETAREA
Priority Drill Holes
Drill Holes
Border
Tenement Boundary
Stream
Trail
400m
CONDOR DE ORO PROJECT
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
16 !Condor de Oro Project – Community Agreement In Place !
! Los Naranjos Native Community
! 5 year access agreement in place to conduct initial exploration including drilling
! Maximum environmental responsibility and social inclusion and participation at all times
! Community meeting November 2012 with leaders of each annex to introduce Mariana as the new project operator
! Community reconfirmed full support for the CDO project
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
17 !Gold-Silver Discoveries – Deseado Massif Santa Cruz Argentina!
! 2013 – emphasis on target definition, high grade focus!
! Las Calandrias Resource Base (100%)!– !dome-related epithermal system
discovered 2009!– !519Koz AuEq initial resource
(492K oz indicated)!– !bulk tonnage and high grade!
! Advanced Projects!– !Los Cisnes (100%) –
large domefield discovery – bulk tonnage/high grade potential!
– !Bozal II & III (100%) – new targets, high grade potential!
– !Sierra Blanca (100%)!– !Los Amigos JV (30%) –
partner HM!
Sierra Blanca
Los Cisnes
Las Calandrias
Bozal I & II
LAS HERAS
PICO TRUNCADO
FITZ ROY
JARAMILLO
PUERTO SAN JULIAN
PUERTODESEADO
CALETA OLIVIA
TRES CERROS
CerroVanguardia
AngloGold Ashanti
Cerro MoroYamana
Don Nicolas Minera IRL
EASTERN DESEADO
Tres Leones
CañadonPortiado ICaballo
Blanco
LAS HERASDeseado MassifMinesAdvanced ProjectsDeveloping Mine
Mariana ProjectsMariana Areas
50km
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
18 !Las Calandrias – Grass Roots Gold-Silver Discovery – 100%!
Concession boundary
Calandria Norte
Calandria Sur
El Nido Sur
Pichones
El Nido Este
El Nido Centro
El Nido Oeste
El Nido Norte
La Despreciada Zone
La CalandriaVein-Breccia
Calandria Sur Zone
TONGORIL IEL BOZAL I
EL BOZALIII
ELBOZAL
IV
ELBOZAL II
8 km
LASCALANDRIAS
0 250metres
500
LAS CALANDRIASPROJECT
Rhyolite DomesVolcaniclasticsDrill HolesVein-brecciaMagnetic LinearsIntrusive at Depth?Resource Outline
! Large dome system – bulk tonnage & high grade potential!
! 44,000m – 326 holes !! Indicated 11.8Mt @
1.2 g/t AuEq (17 g/t Ag)!! Inferred 0.9Mt @
1.0 g/t AuEq (5 g/t Ag)!
! 519K oz AuEq Initial Resource – 491K Indicated & 28K Inferred43-101 compliant!
! Nearest settlement – 75km !! Estancia – purchased 2011 !! Highway – 18km!! Gas pipeline – 14km!! New grid power – 15km !! Airstrip – 15km!! Puerto Deseado – 3 hours!
Faultszones
Base of Complete Oxidation
Rhyolite Dome
Volcaniclastics
NNE
?
ResourceOutline
120.4m
92.5m
113m
102m
137.6m
131m
146.1m
119m
104m
111m
105
39
28
38
104
107
100m
SSW
Fault ?
37 106
108
82 Gold
Silver
Fault
50m
50m
32 m @ 0.4 g/t Au22 g/t Ag
76 m @ 1.3 g/t Au17 g/t Ag
120.5 m @ 0.9 g/t Au17 g/t Ag
106 m @ 1.6 g/t Au27 g/t Ag
42 m @ 0.8 g/t Au31 g/t Ag
9 m @ 1.3 g/t Au10.8 g/t Ag
33 m @ 0.9 g/t Au35 g/t Ag
34.5 m @ 2.2 g/t Au60 g/t Ag
104 m @ 1.3 g/t Au19 g/t Ag
TYPICAL SECTION!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
19 !
Resource estimate – 43-101 Compliant!! 92 diamond holes – 50 x 25m
– MDA, Reno – 11/7/11!! Indicated –
11.0Mt @ 1.21 g/t AuEq (6.5Moz Ag)!! Inferred –
0.5Mt @ 0.90 g/t AuEq!! 30% Au & Ag – oxide / transition!
Met testwork recoveries ! Oxide:
– heap leach – 80% Au & 55% Ag
– carbon-in-leach – 95% Au & 90% Ag
! Primary: – selective flotation – 82% Au
& 83% Ag – sulphide con. @ 1.5ozs
gold 25ozs silver pt
Calandria Sur – Initial Resource 441K oz AuEq Indicated/Inferred!
Con
cess
ion
Bou
ndar
y
200 metres
Resource Outline
Diamond Drillhole Collars
2009-2011 Rhyolite DomeVolcaniclasticsVolcanic BrecciasAndesite DykesMineralised Zone (Approx)Target Open>20 gm.m10-20 gm.m5-10 gm.m<5 gm.m
48m @ 2.1 g/t AuEq
42m @ 0.9 g/t AuEq
109m @ 0.7 g/t AuEq
30.5m @ 1.2 g/t AuEq
23m @ 1.1 g/t AuEq
24.5m @ 1 g/t AuEq
37m @ 1.7 g/t AuEq
23.7m @ 1.1 g/t AuEq
40m @ 1 g/t Au
23m @ 1.1 g/t Au
36m @ 1.9 g/t AuEq
3m @ 14.3 g/t Au 9m @ 1.3 g/t Ag
EL CLAVO
PICAZA
LOMA VERDE
ISABEL
200 metres
Con
cess
ion
Bou
ndar
y
200 metres
Resource Outline
Diamond Drillhole Collars
2009-2010 Collars
Rhyolite Dome
Volcaniclastics
DRILL PLAN!
442K oz!AuEq!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
20 !
Calandria Sur-Escondido – Combined 1600m Strike!
Escondido!! 11,500m drilling over 1.6km!! Best intersections:!
– 100m @ 1.2 g/t Au 8 g/t Ag!– 0.7m @ 136 g/t Au 157 g/t Ag!
! Edison Report – 370k oz AuEq “potential resource”!
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
21 !Las Calandrias/Bozal/Tongoril – 500km2 in Emerging Gold-Silver District!
! Mariana first discovery late 2009!
! Subsequent discoveries !– !Escondido (Minera IRL) – dome-related !– !Falcon (Extorre) – volcaniclastic-hosted!– !El Monte (Renaissance-Agnico) –
dome breccias!
! 8 companies in district – consolidation potential!
! Mariana most advanced project and major land position!
! Bozal II & III – new target areas!EXTORRE
EXTORRE
EXTORREPIUQUENES
MINERAIRL
MINERA IRL
FORMICRUZ– DESEADO
MIRASOL
MIRASOL
RENAISSANCE– AGNICO
ARGENTEX
PIUQUENES
HOCHSCHILD – IAMGOLD
IAMGOLD
TONGORIL I
BOZAL I
BOZAL III
BOZAL IV
BOZAL II
LAS CALANDRIAS
ESCONDIDO(Minera IRL)
FALCON(Yamana)
LAS CALANDRIAS
LEONADORMIDA
BOZALITO
El MONTE PROJECT(RenGold-Agnico)
– Dome-breccias to 12 g/t Au 622 g/t Ag, IP anomaly
BOZAL III– Breccias up to 6.2 g/t Au– Vein-breccias up to 6.0 g/t Au
BOZAL II– Vein-breccias up to 16.5 g/t Au & 302 g/t Ag
Domes /veins breccias
Gold discoveriesto date
Mariana
Target area
EstanciaCalandria
10 km
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
22 !
LCs_Assay Au_ppm
Los Cisnes Project
500m
Legend
El Solar
El Brío
Destello
AlluvialCover
AlluvialCover
AlluvialCover
AlluvialCover
1.2 g/t Au & 3 g/t Ag
2 g/t Au & 4 g/t Ag
3.4 g/t Au & 39 g/t Ag
Brecciated Rhyolite Dome.
3 g/t Au & 3849 g/t Ag
Chalcedonic
Opaline-chalcedonic
Vein-Breccia
quartz
Chalcedonic sulfide rich breccias.
Alluvial cover
Lithology
0 2500Meters
Aluvial deposit
Tuff and Ash Cretaceous Fm
Vein structure
Los CisnesProject
Basic Lava
Ignimbrites and lava Dome Chon Aike Fm
Auto-breccia Rhyolite Dome
El Valle
Presagio Muro
El Solar
El Brio
Destello
Los Cisnes – Rhyolite Domefield Discovery – 100% Mariana!
El Brio – Channel Sampling!
! Bulk tonnage/high grade gold-silver potential!
! 9000 Ha – 75km SW Cerro Moro!
! 32km2 rhyolite domefield – multiple zones gold/silver mineralisation!
! Extensions under cover?!
! El Solar!– !5km2 – 300 x 600m
Calandrias-style rhyolite breccias !– 10 float samples 0.5-3.4 g/t Au!
! El Brio!– !1000m striking vein-breccias
up to 4.5m wide!– !Rock chips to 0.8m @ 3,849 g/t Ag – Channel samples to 4.4m @
0.6 g/t Au 535 g/t Ag!
! Target definition underway !
Concession boundary
Calandria Norte
Calandria Sur
El Nido Sur
Pichones
El Nido Este
El Nido Centro
El Nido Oeste
El Nido Norte
La Despreciada Zone
La CalandriaVein-Breccia
Calandria Sur Zone
TONGORIL IEL BOZAL I
EL BOZALIII
ELBOZAL
IV
ELBOZAL II
8 km
LASCALANDRIAS
0 250metres
500
LAS CALANDRIASPROJECT
Rhyolite DomesVolcaniclasticsDrill HolesVein-brecciaMagnetic LinearsIntrusive at Depth?Resource Outline
500m
www.marianaresources.com • Company Presentation – February 2013!
LSE AIM: MARL!
23 !
Mariana Resources Ltd!Level 5, 22 Atchison Street!St Leonards NSW 2065 Australia!!John Horsburgh – Non-executive Chairman!Phone: +61 2 9437 4588 Email: [email protected]!!Glen Parsons – Executive CEO!Phone: +61 2 9437 4588 Email: [email protected]!!
www.marianaresources.com
DISCOVERING GOLD, SILVER & COPPER IN SOUTH AMERICA!
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