corporate overview

2
© Lions Gate Metals 2008 Lions Gate Metals Inc. 880 - 609 Granville Street PO Box 10321, Pacific Centre Vancouver, British Columbia V7Y 1G5 Office 604.683.7588 Fax 604.683.7589 Email [email protected] Web www.lionsgatemetals.com About Lions Gate Metals Lions Gate Metals exists to create wealth for shareholders by taking full advantage of the strong global demand for metals. Lions Gate Metals owns substantial copper and molybdenum projects located in British Columbia – a stable, well-developed jurisdiction. The management team understands the complex dynamics of the mining industry and has created a highly attractive corporate structure to maximize success. Mission Statement “To build a large cap mining company based on the strength of our assets by executing an aggressive MnA strategy, thereby positioning Lions Gate Metals as a leader in the global copper market” Management team Damien Reynolds - Chairman & Director Damien has been involved in the junior resource sector for over twenty years. He has gained industry knowledge through founding, investing in and serving on the Boards of a number of public exploration companies. Damien has an impressive track record with projects of merit around the world and also for his ability to raise capital for junior companies. He is also the founder of Kyoto Planet Group Inc. -- a private global company focused on reducing climate impact through investment, education and media, and serves as Chairman of Kyoto Planet Asset Management. Mark Hewett - President & Director Mark attained his Bachelor of Applied Science (Civil Engineering) at UBC, working in the energy sector and municipal consulting within BC. He maintains his Professional Engineer status with APEGBC. An entrepreneur at heart, Mark moved into the investment arena over 10 years ago and built a top tier clientele with assets under management exceeding $160 million. He has numerous securities licenses and designations, including the Partners, Directors and Senior Officers (PDO) designation. In fiscal 2006 and 2007, he and his partner achieved Chairman’s Club status at Canaccord, ranking amongst the top 20 advisors in Canada. Mark is proficient at analyzing businesses and the markets. He has a proven track record at gathering and growing assets from the ground up. He has been investing in and raising funds for the junior mining and energy sector for a number of years so a move to managing and directing was a natural progression. Laurence (Laurie) Thomson – VP Operations Laurie has over 25 years of experience in the mining industry and in international minerals product trading. He is a graduate geologist (University of British Columbia – Honours) with a career path in minerals and metals marketing; first with a senior Japanese trading company, then with Placer Dome and then BHP Minerals (now, BHP- Billiton). Laurie brings with him an extensive senior management experience and network in a wide range of mineral and metal commodities, along with his technical knowledge and international expertise. Arni Johannson - Director Arni has 20 years of experience in the Canadian capital markets. His focus has been to build assets and senior management positions in companies he is invested in while executing a defined business TSX Venture Exchange LGM Frankfurt Exchange A1DN Issued & Outstanding 10,550,051 Treasury (approx.) $2,700,000 *as of September 9 th , 2008 plan. Arni also serves as a director of Mega Uranium Ltd., Galena Capital Corp., and Sinchao Metals Corp. Darren Tindale - Director Darren is currently progressing through the CGA program and has obtained experience in both public practice and industry. Before joining the Company, Darren worked for a number of years as a senior accountant for a group of junior mining companies listed on the Venture Exchange. Brenda Dayton - Corporate Secretary Brenda has a diverse background of business management, financial sales and marketing. Over the past 3 years, her focus has been on corporate governance and marketing for public companies. She has a Bachelor of Arts from the University of Calgary. Brenda has been involved in a number of community service organizations including the Kiwanis Club of Vancouver and has sat on the board of Parent Support Services and the Brain Injury Association of British Columbia. Brenda serves as the Corporate Secretary of Galena Capital Corp. Advisory Board Gavin Dirom Kenneth Morgan Craig Noordman Properties The Poplar Project The advanced Poplar Copper-Moly Project is wholly-owned by Lions Gate Minerals. Poplar is a large porphyry-style deposit, located 150 kilometres south of Smithers, BC. The producing Huckleberry copper-moly mine is 40 kilometres from the Poplar Project, and infrastructure and logistics are excellent. Considerable exploration has been completed on Poplar, including 86 historical drill holes totalling 19,200 metres. The main Poplar zone has been historically estimated as 116 million tonnes, grading 0.32% copper, 0.1 grams per tonne gold and 0.0095 molybdenum. In 2005, 15 holes were drilled by Lions Gate Metals predecessor. These holes confirmed the historical data and uncovered high-grade zones within Poplar as well as the nearby China Creek prospect.

Upload: lionsgatemetals

Post on 16-May-2015

299 views

Category:

Economy & Finance


1 download

TRANSCRIPT

Page 1: Corporate Overview

© Lions Gate Metals 2008Lions Gate Metals Inc. 880 - 609 Granville Street PO Box 10321, Pacific Centre Vancouver, British Columbia V7Y 1G5 O�ce 604.683.7588 Fax 604.683.7589 Email [email protected] Web www.lionsgatemetals.com

About Lions Gate MetalsLions Gate Metals exists to create wealth for shareholders by taking full advantage of the strong global demand for metals. Lions Gate Metals owns substantial copper and molybdenum projects located in British Columbia – a stable, well-developed jurisdiction. The management team understands the complex dynamics of the mining industry and has created a highly attractive corporate structure to maximize success.

Mission Statement“To build a large cap mining company based on the strength of our assets by executing an aggressive MnA strategy, thereby positioning Lions Gate Metals as a leader in the global copper market”

Management team Damien Reynolds - Chairman & Director

Damien has been involved in the junior resource sector for over twenty years. He has gained industry knowledge through founding, investing in and serving on the Boards of a number of public exploration companies. Damien has an impressive track record with projects of merit around the world and also for his ability to raise capital for junior companies. He is also the founder of Kyoto Planet Group Inc. -- a private global company focused on reducing climate impact through investment, education and media, and serves as Chairman of Kyoto Planet Asset Management.

Mark Hewett - President & Director

Mark attained his Bachelor of Applied Science (Civil Engineering) at UBC, working in the energy sector and municipal consulting within BC. He maintains his Professional Engineer status with APEGBC. An entrepreneur at heart, Mark moved into the investment arena over 10 years ago and built a top tier clientele with assets under management exceeding $160 million. He has numerous securities licenses and designations, including the Partners, Directors and Senior Officers (PDO) designation. In fiscal 2006 and 2007, he and his partner achieved Chairman’s Club status at Canaccord, ranking amongst the top 20 advisors in Canada. Mark is proficient at analyzing businesses and the markets. He has a proven track record at gathering and growing assets from the ground up. He has been investing in and raising funds for the junior mining and energy sector for a number of years so a move to managing and directing was a natural progression.

Laurence (Laurie) Thomson – VP Operations

Laurie has over 25 years of experience in the mining industry and in international minerals product trading. He is a graduate geologist (University of British Columbia – Honours) with a career path in minerals and metals marketing; first with a senior Japanese trading company, then with Placer Dome and then BHP Minerals (now, BHP-Billiton). Laurie brings with him an extensive senior management experience and network in a wide range of mineral and metal commodities, along with his technical knowledge and international expertise.

Arni Johannson - Director

Arni has 20 years of experience in the Canadian capital markets. His focus has been to build assets and senior management positions in companies he is invested in while executing a defined business

TSX Venture Exchange LGM

Frankfurt Exchange A1DN

Issued & Outstanding 10,550,051

Treasury (approx.) $2,700,000

*as of September 9th, 2008

plan. Arni also serves as a director of Mega Uranium Ltd., Galena Capital Corp., and Sinchao Metals Corp.

Darren Tindale - Director

Darren is currently progressing through the CGA program and has obtained experience in both public practice and industry. Before joining the Company, Darren worked for a number of years as a senior accountant for a group of junior mining companies listed on the Venture Exchange.

Brenda Dayton - Corporate Secretary

Brenda has a diverse background of business management, financial sales and marketing. Over the past 3 years, her focus has been on corporate governance and marketing for public companies. She has a Bachelor of Arts from the University of Calgary. Brenda has been involved in a number of community service organizations including the Kiwanis Club of Vancouver and has sat on the board of Parent Support Services and the Brain Injury Association of British Columbia. Brenda serves as the Corporate Secretary of Galena Capital Corp.

Advisory BoardGavin Dirom

Kenneth Morgan

Craig Noordman

Properties

The Poplar Project

The advanced Poplar Copper-Moly Project is wholly-owned by Lions Gate Minerals. Poplar is a large porphyry-style deposit, located 150 kilometres south of Smithers, BC. The producing Huckleberry copper-moly mine is 40 kilometres from the Poplar Project, and infrastructure and logistics are excellent.

Considerable exploration has been completed on Poplar, including 86 historical drill holes totalling 19,200 metres. The main Poplar zone has been historically estimated as 116 million tonnes, grading 0.32% copper, 0.1 grams per tonne gold and 0.0095 molybdenum.

In 2005, 15 holes were drilled by Lions Gate Metals predecessor. These holes confirmed the historical data and uncovered high-grade zones within Poplar as well as the nearby China Creek prospect.

Page 2: Corporate Overview

© Lions Gate Metals 2008Lions Gate Metals Inc. 880 - 609 Granville Street PO Box 10321, Pacific Centre Vancouver, British Columbia V7Y 1G5 O�ce 604.683.7588 Fax 604.683.7589 Email [email protected] Web www.lionsgatemetals.com

Geology

The Poplar porphyry deposit lies within the strongly mineralized Intermontane Belt east of the coast Crystalline belt which is underlain principally by Mesozoic volcanic and sedimentary rocks. These rocks are cut by numerous porphyritic intrusives of Jurassic, Cretaceous and early Tertiary age, which host several significant porphyry copper-gold-molybdenum deposits, such as Huckleberry, Whiting Creek, Berg, Ox Lake and others.

The Poplar copper-molybdenum deposit is centred on a differentiated calc-alkaline stock of Late Cretaceous age intruded into volcanic and sedimentary rocks of the Hazelton Group of Jurassic age. There are several stocks of differing composition outcropping within the claim block, all of the earlier drilling was carried out in the Poplar stock, in the Canyon Creek area, although the other stocks, such as the China Creek stock also have potential for porphyry mineralization. All the significant hydrothermal alteration and sulfide mineralization discovered to date is restricted to the Poplar stock and to the China Creek stock and their thermal aureoles. The Poplar stock is a classically altered porphyry with potassic alteration of the core grading outward through phyllic alteration to argillic and propylitic alteration.

Current Program

Lions Gate Metals is re-compiling data generated historically and by its predecessor companies into a comprehensive 3-dimensional model of the Poplar Project. A conceptual plan to truck Poplar ore to nearby processing facilities will then be investigated. Such an operation would capitalise on existing infrastructure, allowing Lions Gate Metals to more quickly take advantage of current commodity prices.

The Hudson Bay Project

The Hudson Bay Mountain Molybdenum Project is wholly-owned by Lions Gate Metals, almost completely encircling the Davidson molybdenum deposit owned by Thompson Creek Metals Company. The project is highly prospective for the discovery of additional molybdenum resources related to the Davidson deposit, one of the largest high-grade deposits under development today.

Thompson Creek’s Davidson deposit is the subject of a recent positive bankable feasibility study, projected to provide an IRR of 43% at average moly prices of $19/lb. Moly currently trades at prices over $30 per pound.

Geology

Just northwest of Smithers, BC, Hudson Bay Mountain is comprised of one or more east dipping, westward directed thrust plates comprised of Lower Jurassic Telkwa Formation volcanic rocks unconformably overlain by Lower Cretaceous Skeena Group sedimentary rocks. Late, post mineral high angle faults trend north to northwesterly and displace the various stratigraphic units. In the core of the mountain, Telkwa Formation rocks are intruded by porphyritic granodiorite, quartz monzonite and quartz porphyry, all of which host varying degrees of molybdenite mineralization. Mineral occurrences on the Lions Gate Metal’s property are mainly polymetallic Pb-Zn-Ag+/-Au veins, interpreted to be distal to a porphyry hydrothermal system or systems at depth.

Current Program

A two phase exploration program has been recommended for the Hudson Bay Mountain Project. Phase 1 would involve identifying drill targets using detailed geological mapping and 3-dimensional

IP. Phase 2 would involve diamond drilling to follow-up on targets confirmed in Phase 1.

The Kelly Creek Project

The Kelly Creek Copper-Silver Project is wholly-owned by Lions Gate Metals. Located 30 kilometres west of Terrace, BC, Kelly Creek has had considerable historical exploration and hosts high grades of both copper and silver. The “red bed copper” style of mineralization has been successfully mined in the past and Kelly Creek represents a very attractive advanced exploration target.

Cathedral Minerals Ltd. estimated a historical indicated resource of 2.27 million tonnes containing 1.03 per cent copper and 18.5 grams per tonne silver and an inferred resource of similar tonnage and grade back in 1981 - this was the most recent work completed on the property.

Similar volcanic hosted red bed copper deposits are the Calumet Mine in Michigan, with production of 72.4 million tonnes at 2.64% copper and the Sustut copper deposit in BC with a resource of 8.24 million tonnes containing 1.62 % copper.

Geology

The property is within the Intermontane Belt of the Canadian Cordillera near to the western contact with the Coast Range Plutonic belt; it is underlain by volcanics and volcaniclastics of Hazelton Group of lower Jurassic age and by granitic intrusives of possible Cretaceous to Tertiary age.

The Kelly Creek property is prospective for volcanic hosted red bed copper deposits associated with volcanics of Hazelton Group and for copper porphyry deposits associated with granitic intrusives. Upper Kelly Creek deposit has many similarities to volcanic red bed copper deposits.

Fifteen occurrences in volcanics and volcaniclastic within the property are mineralised in part with chalcopyrite, bornite, malachite and native copper. At Upper Kelly Creek, pyrite, chalcopyrite and bornite exist within brecciated and silicified felsic volcanic and volcanic breccia. Mineralisation exists within an easterly striking, southerly dipping body up to 27 metres thick. At the East Side occurrence, malachite and disseminated chalcopyrite and bornite exist in silicified tuff; a channel sample contained 0.70 per cent copper, 10.3 grams per tonne silver over 4.7 metres. At Lower Kelly Creek and Chicken occurrences, chalcopyrite and bornite exist within a granitic intrusive.

Current Program

Much historical work has been completed which needs to be computerised, including at least 28 surface core holes, 302 metres of underground workings underground core drilling in at least twelve holes totalling 621.6 metres, etc. Some of these results include 5.35 % copper and 95.3 grams per tonne silver over 4.6 metres (underground hole UK5) and 1.30% copper and 28.8 grams per tonne silver over an estimated true width of 22.5 metres in underground drill hole UK10. Modern airborne geophysics will then be flown, with new targets from this drilled along with confirmatory drilling to upgrade the historical resource to current 43-101-compliant standards.

Continued from page 1...

This Research profile is for information purposes only. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer, solicitation or recommendation to buy or sell any securites mentioned. Investors should consult a professional investment advisor prior to making any investment decision.