BUILDING A LAND PLAY FOCUSED ON CHILE Copper, Gold and Silver CORPORATE PRESENTATION February 2015 CAUTIONARY STATEMENTS Certain statements contained in the following presentation constitute forward-looking statements. Such forward looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Dr. Demetrius Pohl, PhD., Certified Professional Geoscientist (CPG), an independent consultant, is the Company’s Qualified Person for the purposes of National Instrument 43-101 Standards of Disclosures for Mineral Projects of the Canadian Securities Administrators, and is responsible for the accuracy of, and has verified, the technical information in this presentation and has approved its written disclosure. 2 About Revelo BUSINESS MODEL Build a sustainable exploration business focused on securing prospective land along the prolific mineral belts of northern Chile HISTORY Formed from merger of Iron Creek and Polar Star (Dec 2014) ~300,000 Ha of 100% owned tenements in northern Chile 16 high-quality projects prospective for copper-gold-silver PORTFOLIO 2% royalty interest in a copper-gold-silver project 5 projects under option/JV agreements 1 with Kinross Gold, 1 with Newmont Mining, 3 with BHP Billiton KEY FINANCIALS Stock Price: $0.10 (Jan 30, 2015) Market Cap: ~ $8.2M (Jan 30, 2015) Cash Position: ~ $3M Cash (At closing of merger on Dec 16, 2014) 3 What We Do Acquire 100% control of prospective ground in Chile BUILD A LAND PLAY Focus on copper-gold-silver along prolific mineral belts in northern Chile Build upon an existing and attractive portfolio Acquisitions & mergers ADVANCE PORTFOLIO DE-RISK EXPLORATION Add value through our experienced team Low cost exploration and clean-up of target models Maintain a small, effective presence in Chile (Santiago-based) Attract quality partners to option or JV properties Partners to invest in “heavy lifting”, including drilling Generate value with retained interest, cash and royalty payments 4 Who We Are MANAGEMENT DIRECTORS Tim Beale President & CEO Michael Winn Chairman John Davidson Exploration Manager Tim Beale Director David Miles CFO Colin Bird Director Kim Casswell Corporate Secretary Mario Szotlender Director Demetrius Pohl Advisor & QP Raymond Jannas Director Chiara Orrigoni IR Manager Charles Cannon-Brookes Director 5 Successful Portfolio Development BHP Billiton selected key blocks for further exploration/investment (Aug 2013) BHP BILLITON NEWMONT KINROSS OPTION & JV Blocks 2, 3 & 4 Newmont Mining signed option & JV (Jan 2014) Montezuma Kinross Gold signed option & JV (Apr 2014) Las Pampas MINERA FUEGO ACQUISITION IRON CREEK POLAR STAR MERGER Acquired 6 properties from Minera Fuego (Jul 2014) 5 important copper projects 1 important gold-silver project Iron Creek Capital merged with Polar Star Mining (Dec 2014) To form Revelo Resources Corp. Combined property portfolio of 16 projects covering ~ 300,000 Ha 100% owned portfolio 6 What to Expect in 2015 EXPAND PORTFOLIO JV AVAILABLE PROJECTS EXPLORATION SUCCESS FINANCIAL PROJECTION Stake new ground Evaluate and acquire land holdings from public and private companies Focus on 100% controlled tenement Continue low cost exploration and clean-up of target models Secure partners to option and explore remaining properties JV partners to advance exploration on key projects Cash Position: ~ $3M Cash (At closing of merger on Dec 16, 2014) RVL burn rate: ~ $2M Current Partners expected spend range: $2M to $5M 7 Summary Building a Land Play Focused on Chile Building a sustainable exploration business Securing prospective land along the prolific mineral belts of northern Chile Implementing effective exploration and capital management strategies to grow, advance and de-risk its portfolio Providing shareholders with multiple opportunities for exploration success 8 APPENDIX 9 IRN-PSR Merger Highlights IRN acquired PSR (IRN priced @ $0.21 per share and PSR @ $0.055 per share) REVELO PRO-FORMA DATA IRN Shares 38,625,561 42.26% PSR Shares 52,784,362 57.74% Merger closed in December 2014 RVL Shares 91,409,921 100.00% Revelo started trading on the TSX-V exchange on December 16, 2014 RVL Treasury (at close) Exchange Ratio: 1 IRN = 0.26 PSR share ~ $3M Board of Directors comprising 4 IRN directors and 2 PSR directors Technical team in Santiago, Chile Corporate office in Vancouver Strong institutional shareholder base in Canada, US, and the UK 10 Share Structure SHARE STRUCTURE Shares Outstanding Options 91,409,921 7,015,736 71,429 27,857 404,950 578,500 1,261,000 1,677,000 2,995,000 Warrants 31,133,472 1,228,238 1,444,444 28,460,790 Fully Diluted $2.31 - Jul 2015 $3.92 - Sep 2015 $2.88 - Dec 2017 $1.92 - Dec 2017 $0.77 - Dec 2017 $0.69 - Jul 2018 $0.25 - Jul 2019 $0.70 - Jun 2015 $0.88 - Jan 2016 $0.31 - Apr 2019 ($0.42 in 2018-2019) 129,559,129 11 Prospective Portfolio - Summary ~ 300,000 Ha of 100% owned exploration tenement along proven mineral belts in northern Chile 16 high-quality exploration projects prospective for copper, gold and silver 11 porphyry copper projects 3 epithermal gold-silver projects 2 IOCG/Manto (copper-gold) projects 5 active projects under option/JV agreements: 1 with Kinross Gold - Las Pampas 1 with Newmont Mining - Montezuma 3 with BHP Billiton - Blocks 2, 3 & 4 1 royalty interest in an important copper-gold-silver exploration project 1 with Hochschild Mining - Victoria Actively looking for partners for other projects in the portfolio 12 Portfolio – Arica to Antofagasta COPPER PROPERTIES (± Au ± Mo) – Domeyko Cordillera Note REINA HIJA 120 Km N-NW of Collahuasi MONTEZUMA S of Chuquicamata cluster Option/JV Ha Available 3,500 Newmont Mining 45,000 The Domeyko Cordillera, from Collahuasi to El Salvador, is host to 3 of the world’s top 5 copper mines (La Escondida; Chuquicamata; Collahuasi) 13 Portfolio – Antofagasta to Huasco COPPER PROPERTIES (± Au ± Mo) – Domeyko Cordillera Note Option/JV Ha BLOCK 2 N of La Escondida BHP Billiton 41,000 BLOCK 3 SSW of La Escondida BHP Billiton 46,000 LIMBO Adjacent to BHP Billiton target Available 5,600 BLOCK 4 S of La Escondida BHP Billiton 38,000 LOS AZULES Artisanal mining of Cu oxides Available 2,400 Option/JV Ha Available 1,800 Kinross Gold 50,000 Available 30,000 Option/JV Ha GOLD-SILVER PROPERTIES (± Cu ) – Paleocene Belt Note MAGALLANES Artisanal Au-Ag mining from vein LAS PAMPAS S of El Peñon mine SAN GUILLERMO Along trend and S of Las Pampas IOCG-MANTO (± Cu ± Au ± Fe) – Coastal Belt Note T4 Drill ready target – easy access Available 4,700 LAS ANIMAS NW of Manto Verde mine Available 5,000 14 Portfolio – Huasco to Santiago COPPER PROPERTIES (± Mo ± Au) – Paleocene Belt Note Option/JV Ha CALVARIO S of Relincho project Available 8,000 MIRADOR S of Relincho project Available 3,800 SAN VALENTINO SSW of Los Pelambres Available 1,100 COPPER PROPERTIES (± Mo) – Coastal Belt Note BRONCE WESTE Adjacent to Au-Cu vein mines Option/JV Ha Available 7,300 15 Other Interests Note Interest VICTORIA Uncapped 2% NSR Royalty Interest KAIROS CAPITAL Early stage exploration projects in Chile 20% XTRACT RESOURCES Owns and operates Chepica Au-Cu mine 14% TODD CREEK VMS project, BC, Canada (written down) 24.5% Ha 45,000 16 Montezuma - Newmont Option 17 Block 2 - BHP Option 18 Block 3 - BHP Option 19 Block 4 - BHP Option 20 Las Pampas - Kinross JV 21 Who We Are Michael D. Winn – Chairman Mr. Winn received a B.S. in geology from the University of Southern California. Mr. Winn is President of Seabord Capital Corp. which provides investment analysis and financial services to companies operating in the energy and mining sectors. Mr. Winn is also President of Seabord Services Corp., a Canadian company that provides management, administrative, and regulatory services to private/public mining companies. Prior to starting Seabord Capital in January 2013, Mr. Winn was President of Terrasearch Inc. (1997 to 2012) a predecessor company to Seabord Capital. Mr. Winn also worked as an analyst for Global Resource Investments Ltd. (1993 to 1997) where he specialized in the evaluation of emerging oil and gas and mining companies. Mr. Winn has worked in the oil and gas industry since 1983 and the mining industry since 1992, and is currently a director and officer of several companies operating in Canada, Latin America, Europe and Africa. Mr. Winn was CEO and director of Iron Creek since April 2008 and was appointed Chairman of Revelo in 2014. Timothy J. Beale – President, CEO & Director Mr. Beale holds a Bachelor's degree in Geology from Chelsea College, University of London and a Master's degree in Mineral Exploration from the Royal School of Mines, Imperial College in London. Mr. Beale is a Member of the Institute of Materials, Minerals and Mining and is also a United Kingdom Chartered Engineer. He is also a Member of the Society of Economic Geologists. Mr. Beale has over 30 years of experience in mineral exploration and development with major corporations such as BP Minerals, RTZ Corporation, Rio Tinto, Hochschild Mining and Anglo American, and spent 20 years living and working in Chile, Argentina and Peru. In 2009, Mr. Beale moved to Canada to become Anglo American's Exploration Manager for North America. Mr. Beale joined Iron Creek as President in July of 2010 and was appointed President & CEO of Revelo in 2014. John Davidson – Exploration Manager Dr. Davidson holds a MS degree in Geology from the University of Chile and a Ph.D. degree in Structural Geology from La Sorbonne, Paris, France. Dr. Davidson has 40 years' experience in academia, the Chilean Geological Service and the mining industry. His extensive knowledge of Chilean and Andean geology was instrumental in mounting successful base and precious metal exploration campaigns for Freeport Gold, Coeur, Cominco, FMC Gold, Meridian Gold, Barrick, Mena Resources and Iron Creek Capital Corp. Dr. Davidson was an active member of the FMC Gold team responsible for the discovery of the El Peñon gold/silver deposit in the early 1990s. Dr. Davidson has been Exploration Manager for Iron Creek, and its predecessor company, Minera Mena, in Chile since 2003. Dr. Davidson was appointed Exploration Manager for Revelo, based in Santiago, Chile, in 2014. 22 Who We Are Colin Bird - Director Mr. Bird holds a higher national diploma in mining engineering from Nottingham Trent Polytechnic. Mr. Bird is a Fellow of the Institute of Materials, Minerals and Mining and is also a United Kingdom chartered engineer as well as a certified mine manager both in the UK and South Africa. He has been involved in the management of mining nickel, copper, gold, coal and other diverse mineral operations. Mr. Bird has founded and floated several public companies in the resource sector and served on resource company boards in the UK, Canada and South Africa. In the exploration arena, he founded, financed and was Chairman of Kiwara Plc, an AIM listed company, which discovered, and sold for $270 million, a large open pit copper project in Zambia. Mr. Bird was CEO & director of Polar Star since October 2012 and was appointed director of Revelo in 2014. Charles Cannon Brookes - Director Mr. Cannon Brookes holds a BA degree in Economics & Politics from the University of Exeter. During the past five years he has been the investment director of Arlington Group Asset Management Limited and has been active in a variety of investment management and corporate finance transactions since its acquisition in 2004/2005. For the previous five years (2000 – 2005), he ran Arlington Group Plc’s proprietary trading book, managing all of its public equity exposure. He has extensive fund management experience and has advised and sat on the board of a number of other funds, trusts and companies in a non-executive capacity. Mr. Cannon Brookes was a director of Polar Star since September 2012 and was appointed director of Revelo in 2014. Mario Szotlender - Director Mr. Szotlender holds a degree in international relations and is fluent in several languages. He has successfully directed Latin American affairs for numerous private and public companies over the past 20 years, specializing in developing new business opportunities and establishing relations within the investment community. He has been involved in various mineral exploration and development joint ventures (precious metals and diamonds) in Central and South America, including heading several mineral operations in Venezuela, such as Las Cristinas in the 1980’s. He was President of Mena Resources Inc. until it was purchased by Rusoro Mining Ltd., of which he was also President. He specializes in developing business opportunities and establishing investment relations. Mr. Szotlender has been an independent consultant and a director of several public mineral exploration and mining companies. He was a director of Iron Creek since September 2008 and was appointed director of Revelo in 2014. 23 Who We Are Raymond Jannas – Director Dr. Jannas has a Ph.D. from Harvard University and more than 30 years' experience in mining geology, exploration and business development with companies such as Minera Fuego, Hochschild Mining, Gold Fields, Metallica Resources and LAC Minerals. Dr. Jannas’ main focus has been in exploration and business development in Latin America in addition to world-wide project generation. During his career, Dr. Jannas has headed exploration teams that led to the discovery of deposits such as Pascua-Lama and El Morro in Chile, and Choco 10 in Venezuela, as well as the acquisition of Cerro Corona in Peru. Dr. Jannas is currently a consultant to Volcan Compañía Minera SAA, The Sentient Group and Minera Fuego Ltda. He is President of his own consulting company (Gexsa Ltda.), and is a director of Regulus Resources Inc. Dr. Jannas was a director of Iron Creek since May 2014 and was appointed director of Revelo in 2014. Demetrius Pohl - Advisor Dr. Pohl is a geologist with more than 40 years of mineral exploration experience. Before forming Sanu Resources Ltd. in 1997, Dr. Pohl spent ten years as geologist with BHP Mineral, primarily engaged in gold and base metal exploration in Africa. He was involved in the early identification and evaluation of the Syama and Sadiola deposits in Mali, the Essakan deposit in Burkina Faso, and the Golden Pride deposit in Tanzania. Dr. Pohl's experience outside Africa includes exploration for sediment hosted base metal deposits, porphyry copper and nickel deposits as well as uranium and volcanic-hosted massive sulphide deposits in Australia and South America. Dr. Pohl obtained a doctorate in geochemistry from Stanford University and speaks French, German and Spanish. Dr. Pohl is independent of Revelo and acts as Revelo’s Qualified Person. 24 CORPORATE DIRECTORY CORPORATE OFFICE: Suite 501 – 543 Granville Vancouver BC, V6C 1X8, Canada T: +1 604 687-5544 CHILE OFFICE: Don Carlos 2939 Oficina 1010 Las Condes, Santiago 7550171, Chile T: +56 2 2232-7125 INQUIRES: Chiara Orrigoni - IR Manager T: +1 604 687-5544 [email protected] 25
© Copyright 2024