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CANAMEX RESOURCES CORP. Going for Gold: Nevada and Guyana November 2012 1

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Page 1: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

CANAMEX RESOURCES CORP.

Going for Gold:

Nevada and Guyana

November 2012

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Page 2: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

This presentation contains forward-looking statements regarding future events and Canamex’s future results that are subject to the safe harbors

created under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”). These statements

are based on current expectations, estimates, forecasts, and projections about the industry in which Canamex operates and the beliefs and

assumptions of Canamex’s management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,”

“seeks,” “estimates,” “continues,” “may,” variations of such words, and similar expressions, are intended to identify such forward-looking

statements. In addition, any statements that refer to projections of Canamex’s future financial performance, Canamex’s anticipated growth and

potential in its business and other characterizations of future events or circumstances are forward-looking statements. Such statements are

subject to a number of assumptions, risks and uncertainties, including such factors as the volatility and level of commodity prices, currency

exchange rate fluctuations, uncertainties in cash flow, expected acquisition benefits, exploration mining and operating risks, competition,

litigation, environmental matters, the potential impact of government regulations, and other matters, many of which are beyond our control.

Readers are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may

differ materially from those expressed or implied in the forward-looking statements.

CAUTIONARY NOTE to United States Investors Concerning Estimates of Measured, Indicated and Inferred Mineral Resources:

The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can

economically and legally extract or produce. The information contained herein uses the terms “Measured”, “Indicated” and “Inferred” Mineral

Resources which may not be consistent with the reserve definitions established by the SEC. United States investors are advised that while such

terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them

and expressly prohibits U.S. registered companies from including such terms in their filings with the SEC. “Inferred Mineral Resources” have a

great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an

Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not

form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or

Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or

any part of an Inferred Mineral Resource exists, or is economically or legally mineable.

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Page 3: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Management & Directors

• Robert Kramer, Chairman & CEO

Former Director of Metalline Mining, Chartered Accountant and Registered Certified Public Accountant

• Greg Hahn, President & COO Former Interim President/CEO Metalline Mining, Former President/CEO Constellation Copper Corp., Certified Professional Geologist (#7122)

• Mark Billings, Director President and CEO of Orex Exploration Inc. , CFO of Argex Mining

• Pierce Carson, Director President & CEO, Santa Fe Gold Corp, former President/CEO Nord Resources and Nord Pacific Ltd.

• Herb Duerr, Director Independent consulting geologist

• Mike Stark, Director Entrepreneur & former President of the Fire Department Charity Association

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Page 4: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

PROJECT MANAGEMENT Nevada • Dr. Ellen Leavitt, Ph.D., Chief Geologist Former Consulting Geologist to Barrick and Chief Geologist Rare Element Resources

Guyana • Deryck Khan, Country Manager

Guyanese businessman, 15-year veteran gold miner in Guyana

• Brian Doubt, Operations Manager

20 years field operations experience, including last four in Guyana

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Page 5: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

CANAMEX RESOURCES CORP. TSX.V: CSQ FSE: CX6 OTCQX: CNMXF

Share Capital Structure

Shares Issued and Outstanding 94,353,450 Options Outstanding 5,625,000 Warrants Outstanding 40,157,520 Share Price as of 23/11/2012 $0.20/share Fully Diluted Common Shares 140,135,970 Market Capitalization (FD) $28,000,000 Cash in Bank $4,500,000

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Page 6: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

CANAMEX RESOURCES CORP. TSX.V: CSQ FSE:CX6 OTCQX: CNMXF

Major Shareholders I/O FD

Hecla Mining Company 14.8% 10.0% (right to maintain interest)

Resource Capital Funds 9.3% 13.4%

Management and Directors 6.0% 7.3%

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Page 7: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

CANAMEX RESOURCES CORP.

Going for Gold:

Nevada

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Page 8: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Bruner Gold Project

Nye County, Nevada

New Discovery Plus

Historical Resource 385,000 ounces Au

Miramar Mining 1993 Press Release

Not NI 43-101 Compliant

A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and Canamex Resources is not treating the historical estimate as current mineral resources or mineral reserves

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Page 9: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Gold Mine Trends Central Nevada

Bruner Project

Location

Bruner Project at Major Structural Intersection

Surrounded by

Multi-Million Ounce Deposits

10 MM oz. Au

2.6 MM oz. Au 43 MM oz. Ag

1.6 MM oz. Au 17.5 MM oz. Ag

0.5 MM oz. Au 1 MM oz. Ag

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Page 10: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Bruner Gold Project New Discovery

Drill Hole B-1201

118 meters at 4.08 gpt Au (360 feet at .119 optAu)

Wide Open at Depth and on Three Sides 10

Page 11: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Bruner Gold Project New Discovery

Drill Hole B-1207C

52 meters at 2.21 gpt (172 feet at .064 opt Au)

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Page 12: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Bruner Gold Project – 2012 Drilling Program (As of 23/11/2012)

B-1201 Discovery hole reported 18/07/2012 - 118 meters at 4.08 gpt Au

B-1202-1206 Low grade Au halo reported 15/08/2012 B-1207C First Bruner core hole drilled

- assay results reported 02/10/2012 - 52 meters averaging 2.21 gpt Au

B-1208C Second core hole completed - assay results pending

B-1209-1224 Up to 16 hole RC Program commenced - to be terminated mid-December 2012

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Page 13: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Bruner Project

Target Areas

1 – Historic Resource and Extension Area 2 – Penelas Mine High Grade Area 3 – Penelas East Beneath Cover

4 – Paymaster Mine High Grade Area 5 – NW (Bruno) High Grade Vein Target 6 – Phonolite Mine High Grade Vein Target 7 - Bruner Mine High Grade Vein Target

1

2

3

4

5

7

B-1201

6

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Page 14: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Column Leach Tests Return +85% Gold Extraction

+85% gold extraction in 83 days on -3 inch and -3/4 inch crush

Importantly, +80% gold extraction in 40 days

Low reagent consumption /costs

Positive metallurgical results support advancing the historical resource (15 million tons with a grade of .025 opt Au) under

NI-43-101 standards

A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and

Canamex Resources is not treating the historical estimate as current mineral resources or mineral reserves

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Page 15: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Bruner Project

Resource Area Drill Roads

and Possible

Leach Pad/Plant Site

Possible Leach Pad Area and Plant Site

Drill Roads Covering Deposit Area

Base of low grade deposit ?

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Page 16: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

CANAMEX RESOURCES CORP.

Going for Gold:

Guyana

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Page 17: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Guiana Shield

Gold Deposits

80 MM ounces

20MM Guyana

And Growing 17

Page 18: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Canamex on Major Trend

hosting 70% of Guyana’s

Gold Deposits

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Page 19: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Aurora Deposit

Sulphur Rose Deposits

Aranka North Claims On Trend

Of Aurora and

Sulphur Rose

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Page 20: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Seven Stream Sediment Anomalies

To Follow Up With

Soil Geochem Grids

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Page 21: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

Ridge Anomaly Best of the Seven

Values to 12,234 ppb

New Soil Grid Covers 8 Square Kms

Samples in Process

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Page 22: CANAMEX RESOURCES CORP.edg1.precisionir.com/.../Canamex_CorpPresentation2012.pdfThis presentation contains forward-looking statements regarding future events and Canamex’s future

CANAMEX RESOURCES CORP. For further information, please contact:

Robert Kramer

+1 604 366 8621

[email protected]

www.canamex.us 22