exploring large-scale gold systems in nevada · exploring large-scale gold systems in nevada march...

EXPLORING LARGE-SCALE GOLD SYSTEMS

IN NEVADA

March 2014

TSX.V: ANE

FORWARD-LOOKING STATEMENTThis presentation has been prepared by Altan Nevada MineralsLimited (“Altan Nevada”) to provide an overview of Altan Nevada’smineral properties and current exploration activities. Anystatements, opinions, projections, forecasts or other materialcontained in this presentation do not constitute a commitment,representation or warranty by Altan Nevada or its directors, officers,agents or employees. The directors, officers, agents and employeesof Altan Nevada shall in no way be liable to any person or body forany loss, claim, demand, damages, costs or expenses of whatsoevernature arising in any way out of, or in connection with, theinformation contained in this presentation. This presentation doesnot constitute an offer to sell securities and is not a solicitation of anoffer to buy securities. It is not to be distributed to third partieswithout the consent of Altan Nevada. An investment in AltanNevada is considered to be speculative in nature. Each individualshould rely solely upon its own investigations and inquiries withrespect to Altan Nevada and agrees it will not in any way rely uponthis presentation. Altan Nevada recommends that you consult yourown professional advisor(s).Certain statements in this presentation may constitute “forward-looking” statements that involve known and unknown risks,uncertainties and other factors that may cause Altan Nevada’sactual results, performance or achievements or industry results tobe materially different from any future results, performance orachievements expressed or implied by such forward lookingstatements. These statements relate to future events or futureperformance and reflect the expectations of management regardinggrowth, results of operations, performance and business prospectsand opportunities. Forward-looking statements involve significantrisks and uncertainties, should not be read as guarantees of futureperformance or results, and will not necessarily be accurateindicators of whether or not such results will be achieved. Forward-looking statements are based on the beliefs, estimates and opinionsof Altan Nevada’s management on the date the statements aremade. Altan Nevada undertakes no obligation to update theseforward-looking statements in the event that management’s beliefs,estimates or opinions, or other factors, should change.

• Founded: 2006, Listed 2012 (TSXv)

• Market Capitalisation: $2.2M (37M shares @ 0.06c)

• Focus: large-scale gold systems in Nevada, USA

• Experienced and successful management and technical team

• US$5M invested to date acquiring and advancing highly prospective exploration projects

• Top 20 Nevada land holder. Eight projects, 14,670 hectares (36,250 acres)

• Seven projects advanced to drill stage, and fully permitted

• JV with Teck at North Star, drilling this season

NEVADA - A Resource-Rich State With a History of Mining

• Exploration & mining friendly state - 8th most favourable mining jurisdiction in the world

• Great infrastructure, more than 50 active mines

• In 2012 Nevada produced:

5.3 moz gold (5.6% of world gold)

7.4 moz Silver

58,059 tonnes copper

• Over 200 million ounces of gold produced to date with over 81 million ounces in current reserves

NEVADA – Opportunity

• Home of Barrick & Newmont, focused on brownfields exploration. Majors also in the market for sulfide ores

• In many respects less mature than Australia (due to complicated geology):

• Many Districts have not been looked at since 1980s, so no deep drilling

• Ground can be open adjacent to moz+ historic mines

• Long Canyon, discovered by Pittston Nevada, an Australian-backed group in 1990s ultimately sold to Newmont for $1.6B, $1000 per ounce!

• Most juniors from Canada, some from Australia rehashing old projects, very few focused on generative exploration with innovative technical programs.

• Nevada is relatively open and vastly underexplored, especially considering unparalleled gold endowment per square kilometer (see below)

TEAM – Proven Discoverers

John L.C. Jones, Chairman• Perth-based with 40+ years of experience• Career involvement in four companies, leading to the

discovery of 4 deposits and the development of 8 mines• Major shareholder & Director of Troy Resources - Currently

operational Casposo (Argentina) and Andorinhas (Brazil)gold mines

Evan Jones, President, CEO• 10+ years of experience, six years in emerging markets• Previously Commercial Manager of Troy Resources Brasil

Participacoes Ltd., a subsidiary of Troy Resources• Executive Advisor with Westchester Corporate Finance in

Australia.

Murray Seitz, Director – Capital raising and corporate communications Anthony Jackson, CFO – Extensive experience as a Director and CFO of

numerous publicly traded corporations in the metals and mining industry David Bond – Senior Geologist , 35+ years in exploration and mine geology

Brion Theriaut, Director, Exploration Manager• 20+ years experience on the Carlin, Battle Mountain-

Eureka, and Independence Trends. • Designed and supervised Premier Nevada’s deep-

drilling program delineate the Saddle gold deposit on the Carlin Trend.

• Discovered an extension to the Lone Tree deposit• Developed the stratigraphic model which led to

discovery of the Barrel deposit on Carlin with Newmont.

STAR LAKE

NORTH STAR

Reno

Las Vegas

Elko

BLACK TOP

VENUS

MARBLE STATION RADAR

MONTELLE YELLOW CONERound Mountain

Paradise Peak

Goldfield

Yerington

Gold Quarry

Goldstrike

REN

Newmont – Long Canyon Project18.4M tonnes M&I @ 2.4 g/t containing 1.4M oz Au

Evolving Gold –Carlin/Humboldt Project9.1 m @ 22 g/t Au (July 2012)

Nevada Copper–Pumpkin Hollow4.29B lbs Cu P&P + 925,000 oz Au & 27.3M oz Ag

Gold Standard –Railroad Project164 m @ 3.38 g/t Au (April 2012)

Canamex –Bruner Project118 m @ 4.08 g/t Au (July 2012)

8 NEVADA PROJECTS – All 100% Altan Nevada

Black Top – Round Mountain-type Epithermal Au

8.3 km2 (2,047 acres)

Radar – Paradise Peak District Au 16.5 km2 (4,070 acres)

Star Lake – Carlin Trend Au 56.7 km2 (13,400 acres)

North Star – Carlin Trend Au 9.4 km2 (2,330 acres) NSR to vendor

Yellow Cone – Walker Lane Au-Cu-Ag ~41 km2 (10,000 acres)

Venus – Yerington District Cu 8.8 km2 (2,165 acres)

Montelle – Yerington District Au-Cu 4.9 km2 (1,220 acres)

Marble Station – Yerington District Au-Cu 4.2 km2 (1,032 acres)

Barrick Gold –Cortez District30+ Moz

PlannedDrilling

NORTH STAR – Carlin Trend Au

RENExploration Model:REN Deposit – compact high grade gold zone at 700 m depth

• 120 claims (2,330 acres)

• Gold, arsenic andantimony anomalies

• Centered on gravity high 60 km from Barrick’s Goldstrike

• Immediately north of Columbus Gold’s Scraper Springs

• Drill targets evident

• Detailed structural mapping andtrenching completed

NORTH STAR – Gravity and Geochemistry

IP Line

Interpretation:

Jim Wright, 2010

• Geochemical anomaly more than 2 km long occurs on major structural break –the “Separator Fault”

• Occurs along preferred east edge of horst block (i.e. Carlin structural setting)

• Lower plate lithologies likely can be reached with 400 m deep drill holes

NORTH STAR – Major Gravity High on Northern Carlin Trend

• Extensive gravity array acquired from BHP (red) and Newmont (black)

• Project is located on the apex of the gravity high, interpreted to be a structural horst

• Lower plate lithologies possibly shallower here than at Scraper Springs to the south where they have been intersected at ~450m depth

• IP data recently acquired, promising results

NORTH STAR – Robust Soil Anomalies at Structural Junctures

• Robust GOLD anomaly along N to NNE striking corridor

• Associated with ARSENIC and ANTIMONY

• Zone is over 2 km long

• Well-developed ZINC halo

• Defines new untested leakage anomaly in permissive geological setting

• Geochemical anomaly coincident with geophysical break

NORTH STAR – Structural Alteration Cell

• Robust GOLD anomaly along N to NNE striking corridor

• Associated with ARSENIC and ANTIMONY

• Zone is over 2 km long

• Well-developed ZINChalo

• Defines new untested leakage anomaly in permissive geological setting

• Geochemical anomaly coincident with geophysical break

Large Carlin-flavor leakage anomaly, indicating robust hydrothermal alteration system at depth

NORTH STAR – Carlin Trend Au – The ModelREN JB Zone is a compact high grade deposit on the Carlin Trend at a depth of 700 m with a Au, As leakage “plume” similar in size, amplitude and structural setting to North Star

Trenching results confirmed and enhanced geochemical anomaly and verified the “Au-As-Sb Corridor” structural zone

Plan: Initial stratigraphic tests in geochem + IP zone to 600m

NORTH STAR – Trenching Program Completed – Excellent ResultsTrench ID, footage Lithology Alteration Au Ag As Hg Mn S Sb Tl

ppb ppm ppm ppm ppm ppm ppm ppm

NS-TR-2 000-003 Pz (arg/ sh) wk-mod arg, lim fxs 28 0.29 16 0.05 222 306 1.3 0.13

NS-TR-2 003-006 Pz (arg/ sh) wk-mod arg, lim fxs 10 0.20 7 -0.02 146 306 0.5 0.08





NS-TR-2 018-021 Pz (ls, minor arg/ sh) minor arg 9 1.10 21 0.11 167 454 0.7 0.16


NS-TR-2 024-027 Pz (arg/ sh, minor ls) mod arg, lim fxs 27 0.91 75 0.11 167 378 4.6 0.19

NS-TR-2 027-030 Pz (arg/ sh, minor ls) wk-mod arg, lim fxs 20 0.42 27 0.11 184 149 2.0 0.13

NS-TR-2 030-033 Pz (arg/ sh, rare ls, chert) wk-mod arg, lim fxs 13 0.54 19 0.09 87 227 1.2 0.16

NS-TR-2 033-036 Pz (arg/ sh, rare ls, chert) mod-str arg, lim fxs 12 0.58 23 0.09 72 301 0.8 0.17


NS-TR-2 039-042 Pz (arg/ sh, rare ls, chert) wk-mod arg, lim fxs 9 0.20 10 -0.02 105 311 0.4 0.08









NS-TR-2 067-069 Pz (fault bx) lim, arg 11 0.24 14 0.09 81 179 0.7 0.08





NS-TR-2 081-084 Pz (fault bx, arg/ sh, chert) wk-mod arg, lim fxs 6 0.07 10 -0.02 288 368 0.3 0.11


NS-TR-2 087-090 Pz (fault bx, arg/ sh, chert) wk-mod arg, lim fxs 8 0.25 14 0.02 153 298 1.6 0.10

NS-TR-2X 090 Pz (fault clay gouge) 7 0.09 12 -0.02 186 218 1.4 0.27

NS-TR-2 090-092 Pz (arg/ sh, chert) wk-mod arg, lim fxs 5 0.09 14 0.02 136 264 1.1 0.10

NS-TR-2 092-096 Pz (arg/ sh, chert) wk-mod arg, lim fxs 8 0.07 10 -0.02 112 277 0.4 0.09


NS-TR-2 099-102 Pz (chert) possible silicif 11 0.19 18 0.07 182 299 1.0 0.13


NS-TR-2X 104.3-105.7 Pz (fault clay gouge) 8 0.17 22 -0.02 164 273 0.7 0.12

NS-TR-2 105-108 Pz (chert, arg/ sh) wk-mod arg, lim fxs 7 0.13 14 0.03 327 278 0.5 0.09

NS-TR-2 108-111 Pz (chert, arg/ sh) wk-mod arg, lim fxs 8 0.05 7 -0.02 281 328 0.3 0.08




NS-TR-2 120-123 Pz (sltst/ arg/ sh) wk-mod arg, lim fxs 7 0.04 8 -0.02 462 227 0.3 0.06

NS-TR-2 123-126 Pz (sltst/ arg/ sh) str arg alt, lim 12 0.08 10 -0.02 368 324 0.5 0.06

NS-TR-2X 124.5 Pz (fault clay gouge) 7 0.08 13 -0.02 506 316 1.9 0.08









NS-TR-2X 148.1 Pz (fault clay gouge) 17 0.16 8 0.19 192 541 0.5 0.05






NS-TR-2 165-168 Pz (arg/ sh, chert, ls) mod-str arg, lim fxs 9 0.40 16 0.06 416 369 1.0 0.14


NS-TR-2 171-174 Pz (arg/ sh, chert, ls) wk-mod arg, lim fxs 8 0.11 8 -0.02 391 442 0.3 0.11


NS-TR-2 177-180 Pz (arg/ sh, chert, ls) wk-mod str arg, lim fxs 8 0.15 13 0.27 131 1690 0.9 0.13




NS-TR-2 189-192 Pz (arg/ sh, chert, ls) wk-mod arg, lim fxs 14 0.66 13 0.11 169 299 1.6 0.12








NS-TR-2 213-216 Tv (bas porph) mod str-str arg, lim clayey fxs 5 0.10 30 0.52 487 246 0.6 0.09


NS-TR-2 219-222 Tv (bas porph) mod str-str arg, lim-clayey fxs 4 0.08 46 0.31 658 118 0.4 0.19

NS-TR-2X 219.3 Tv (fault clay gouge) 3 0.03 28 0.57 594 308 0.3 0.10

NS-TR-2 222-225 Tv (bas porph) mod str-str arg/ lim, lim-clayey fxs 13 0.18 33 0.16 693 315 0.4 0.14


NS-TR-2 228-231 Tv (bas porph) mod str-str arg/ lim, lim-clayey fxs 1 -0.02 13 -0.02 542 313 0.1 0.04













NS-TR-2 264-267 Tv (bas porph) v. wk-mod arg/ lim, lim-clayey fxs 7 0.17 72 0.07 614 1010 2.4 0.28



NS-TR-2 273-276 Tv (bas porph) mod-str arg/ lim, lim-clayey fxs 44 0.27 123 0.08 377 1060 5.1 0.16


NS-TR-2 279-282 Tv (bas porph) mod-str arg/ lim, lim-clayey fxs, rare silica vns/ vnlts 276 0.98 210 0.06 260 2950 7.4 0.19

NS-TR-2X 280 Tv (fault clay gouge) 324 1.45 185 0.07 41 1650 9.3 0.10







NS-TR-2 300-303 Tv (bas porph) v. wk-wk arg, lim-clayey fxs 10 0.07 22 0.03 555 453 0.8 0.05




NS-TR-2 312-315 Tv (bas porph) v. wk-wk arg, lim-clayey fxs 3 0.08 13 -0.02 485 91 0.2 -0.02







NS-TR-2 333-336 Tv (bas porph) v. wk-wk arg, lim-clayey fxs 3 0.09 8 -0.02 611 117 0.4 0.03

NS-TR-2 336-339 Tv (bas porph) v. wk-mod arg, lim-clayey fxs 13 0.11 21 0.04 654 99 1.1 0.05










NS-TR-2 366-369 Tv (bas porph) v. wk-mod arg/ lim, lim-clayey fxs 4 0.12 14 0.23 567 270 0.3 -0.02








NS-TR-2 390-393 Tv (bas porph) v. wk-wk arg, lim-clayey fxs 1 0.10 10 0.11 781 777 0.2 -0.02






NS-TR-2 408-411 Tv (bas porph) mod-str arg/ lim, lim-clayey fxs 2 0.09 17 -0.02 522 2590 0.4 0.04

NS-TR-2 411-414 Tv (bas porph) mod-str arg/ lim, lim-clayey fxs, rare silica vns/ vnlts 5 0.13 48 -0.02 623 5940 1.0 0.07



NS-TR-2 420-423 Tv (bas porph) v. wk-mod arg, lim-clayey fxs 4 0.12 11 -0.02 468 409 0.7 0.07





NS-TR-2 435-438 Tv (bas porph) wk-mod arg/ lim, lim-clayey fxs 15 0.13 39 0.04 338 2670 1.1 0.07

NS-TR-2 438-441 Tv (bas porph) wk-mod str arg/ lim, lim-clayey fxs 32 0.31 57 0.18 587 14200 1.3 0.11



NS-TR-2 447-450 Tv (bas porph) wk arg/ lim, lim-clayey fxs 24 0.26 37 0.09 944 244 0.8 0.06


NS-TR-2 453-456 Tv (bas porph) v. wk arg alt, minor lim-clayey fxs 4 0.15 43 0.22 1100 206 0.7 0.07


NS-TR-2 459-462 Tv (bas porph) wk-mod arg, lim-clayey fxs 7 0.16 72 0.68 389 1570 1.1 0.06



NS-TR-2 468-471 Tv (bas porph) wk-mod arg, local lim-clayey fxs 64 0.44 131 0.21 1690 247 4.2 0.28






NS-TR-2 486-489 Tv (bas porph) wk-mod arg, local lim-clayey fxs 23 0.27 38 -0.02 770 961 1.3 0.20


NS-TR-2 492-495 Tv (bas porph/ tuff?) mod-str arg alt, lim-clayey fxs 15 0.15 13 -0.02 712 8460 0.8 0.17


NS-TR-2 498-501 Tv (bas porph/ tuff?) mod-str arg alt, lim-clayey fxs 39 0.36 58 0.17 1170 970 1.4 0.15


NS-TR-2 504-507 Tv (bas porph) mod-str arg alt/ lim, lim-clayey fxs 24 0.13 16 -0.02 749 225 0.8 0.12

NS-TR-2 507-510 Tv (bas porph) mod-str arg alt/ lim, lim-clayey fxs 15 0.30 11 0.15 825 347 1.3 0.11

NS-TR-2 510-513 Tv (bas porph) wk arg, lim-clayey fxs 52 0.49 19 0.06 2050 583 1.2 0.14


NS-TR-2 516-519 Tv (bas porph) wk arg, lim-clayey fxs 16 0.19 13 -0.02 1830 134 0.6 0.08



NS-TR-2 525-528 Tv (bas porph) mod-str arg, str lim, lim-clayey fxs 35 0.11 17 0.11 826 397 0.6 0.07





NS-TR-2 540-543 Tv (bas porph) wk-mod arg, lim-clayey fxs 45 0.20 22 -0.02 537 7250 1.3 0.23







NS-TR-2 561-564 Tv (bas porph) wk-mod arg, str lim, lim-clayey fxs 12 0.08 16 0.08 375 1020 0.7 0.07

NS-TR-2 564-567 Tv (bas porph) wk-mod arg, str lim, lim-clayey fxs 10 0.09 22 -0.02 641 352 0.4 0.08



NS-TR-2 573-576 Tv (bas porph) v. wk-mod arg, lim-clayey fxs 4 0.08 7 -0.02 601 2770 0.3 -0.02



NS-TR-2 582-585 Tv (bas porph) v. wk-locally mod arg, lim-clayey fxs 2 0.10 9 -0.02 501 126 0.3 0.04

NS-TR-2 585-588 Tv (bas porph) v. wk-locally mod arg, lim-clayey fxs 4 0.10 7 0.06 726 168 0.3 0.03

NS-TR-2 588-591 Tv (bas porph) v. wk arg, lim-clayey fxs 3 0.10 4 -0.02 481 128 0.2 -0.02


NS-TR-2 594-597 Tv (bas porph) v. wk arg, lim-clayey fxs 4 0.09 6 0.02 527 69 0.2 0.03


NS-TR-2 600-603 Tv (bas porph) v. wk arg, lim-clayey fxs 3 0.08 5 -0.02 439 104 0.2 0.02





NS-TR-2 615-618 Tv (bas porph) v. wk arg, lim-clayey fxs 4 0.14 8 0.03 932 172 0.3 -0.02


NS-TR-2 621-624 Tv (bas porph) str arg, lim-clayey fxs 61 0.67 51 0.56 312 13200 4.4 0.12

NS-TR-2 624-627 Tv (bas porph) unalt-str arg/ lim, lim-clayey fxs 4 0.14 15 0.22 551 725 2.1 0.05





NS-TR-2 639-642 Tv (bas porph) unalt-str arg, lim-clayey fxs 25 0.19 17 -0.02 573 4460 0.7 0.09

NS-TR-2 642-645 Tv (bas porph) unalt-str arg, lim-clayey fxs 10 0.16 10 0.10 501 11700 0.4 0.03



NS-TR-2 651-654 Tv (bas porph) unalt-mod arg, lim-clayey fxs 25 0.21 23 0.08 472 14500 1.0 0.10


NS-TR-2 657-660 Tv (bas porph) unalt-wk arg, lim-clayey fxs 22 0.12 12 -0.02 593 604 0.4 0.04


NS-TR-2 663-666 Tv (bas porph) unalt-wk arg, lim-clayey fxs 11 0.09 10 0.13 661 376 0.3 0.02






NS-TR-2 681-684 Tv (bas porph) wk-str arg, lim-clayey fxs 18 0.35 85 0.03 108 3420 0.9 0.05

NS-TR-2 684-687 Tv (bas porph) wk-str arg, lim-clayey fxs 16 0.18 30 -0.02 266 637 1.4 0.04




NS-TR-2 696-699 Tv (bas porph) mod-str arg, lim-clayey fxs 3 0.17 15 0.06 700 372 1.1 0.13


NS-TR-2 702-703.5 Tv (bas porph) str arg, lim-clayey fxs 3 0.13 22 -0.02 486 408 0.7 0.09

NS-TR-2 703.5-705 Pz/ Tv (fault, clay gouge, bx) mod-str arg, lim-clayey fxs 8 0.25 15 -0.02 396 355 1.2 0.13

NS-TR-2 705-707.2 Pz/ Tv (fault, clay gouge, bx) mod-str arg, lim-clayey fxs 7 0.10 9 0.20 389 371 0.5 0.12

NS-TR-2 707.2-709.5 Pz/ Tv (fault, clay gouge, bx) mod-str arg, lim-clayey fxs 8 0.91 23 0.14 300 862 1.9 0.14

NS-TR-2 709.5-714 Pz/ Tv (fault, clay gouge, bx) mod-str arg, lim-clayey fxs 11 0.19 13 0.04 387 722 3.3 0.13

NS-TR-2 714-717 Pz (arg/ sh, sltst, ls) wk-mod arg, lim fxs 8 0.08 9 -0.02 180 299 1.1 0.06

NS-TR-2 717-720 Pz (arg/ sh, sltst) wk-mod arg, lim fxs 13 0.11 9 0.07 245 392 1.0 0.08




NS-TR-2 729-732 Pz (sh/ arg) wk-mod arg, minor lim fxs 9 0.11 9 0.21 206 474 0.8 0.08

NS-TR-2 732-735 Pz (sh/ arg) wk arg, minor lim fxs 8 0.10 6 -0.02 466 323 0.5 0.11




NS-TR-2 744-747 Pz (sh/ arg) wk arg, minor lim fxs 9 0.15 7 0.03 652 463 0.5 0.11




NS-TR-2 756-759 Pz (sh/ arg) wk-mod arg, minor lim fxs 7 0.07 6 -0.02 384 225 0.5 0.12







NS-TR-2 777-780 Pz (ls, minor sh/ arg) local wk arg, minor lim fxs 8 0.13 13 -0.02 182 353 1.0 0.09



NS-TR-2 786-789 Pz (ls, minor sh/ arg) local wk arg, minor lim fxs 8 0.13 5 0.20 157 407 0.4 0.07

NS-TR-2 789-792 Pz (ls, sh/ arg) wk-mod arg, abnt lim fxs 16 0.14 12 0.04 103 355 0.9 0.04


NS-TR-2 795-798 Pz (ls, sh/ arg) wk-mod arg, abnt lim fxs 6 0.07 6 -0.02 76 285 0.4 0.08

NS-TR-2 798-801 Pz (ls, sh/ arg) wk-mod arg, minor lim fxs 8 0.29 13 -0.02 191 459 0.9 0.10

NS-TR-2 801-804 Pz (ls, sh/ arg) mod arg, minor lim fxs 6 0.15 17 0.03 87 328 0.8 0.09

NS-TR-2 804-807 Pz (ls, sh/ arg) wk-mod arg, minor lim fxs 11 0.34 20 0.19 149 308 1.1 0.07












NS-TR-2 840-843 Pz (sh/ arg) wk-str arg, lim fxs 6 0.17 9 0.07 180 293 0.9 0.07

NS-TR-2 843-846 Pz (sh/ arg) wk-str arg, lim fxs 5 0.07 8 -0.02 96 433 0.4 0.09



NS-TR-2 852-855 Pz (arg/ sh) wk arg, minor lim fxs 4 0.03 4 0.02 292 203 0.2 0.09



NS-TR-2 861-864 Pz (ls, minor sh/ arg) minor lim fxs 7 0.09 13 0.21 449 162 1.0 0.46


Trench ID, footage Lithology Alteration Au Ag As Hg Mn S Sb Tl











































































































































































































































































































Trench ID, footage Lithology Alteration Au Ag As Hg Mn S Sb Tl











































































































































































































































































































63 m interval of highly anomalous gold and trace elements

866 m long Trench #2

YERINGTON AREA PROJECTS

• Yerington District, large historic producer with a number of Gold and Copper projects at feasibility stage

• Altan Nevada has three 100% owned projects

• No evidence of modern exploration

• Trench samples to 26 g/t gold

VENUS – Yerington District Cu

VENUS

Anaconda Pit1 Mt Cu produced

Nevada Copper’s Pumpkin Hollow

~780M tonnes (M+I)

@ 0.60% Cu

• Porphyry / Skarn Cu (Ag, Au, Fe) target, 111 claims (2,165 acres)

• Adjacent to Nevada Copper’s (200m Market Cap) Cu-Au resource

• Impressive IP survey results and strong gold anomalies (6.8 g/t)

• Drill-ready targets, fully permitted

Au = 6.04 g/tAg = 6.01 g/tCu = 0.86 %

VENUS – Gravity

• Robust Cu+Aganomaly associated with potassic alteration and zone of porphyry dikes

• IP survey produced impressive response at shallow depth

• Targets are drill ready

MONTELLE – Yerington District Au-Cu

Selected rock samples

>1 g/t Au

• High grade 1.4 km long structural Au target, 60 claims (1,220 acres)

• 35 km south of Pumpkin Hollow Cu-Au resource

• Recent trenching results up to 25.9 g/t Gold

MARBLE STATION – Yerington District Cu-Au

Au = 3.92 ppmCu = 599 ppmAg = 2.35 ppmAs = 62 ppmBi = 14.6 ppm

• High grade quartz veins and shears – structural Au-Cu target

• 100% control of 50 claims (1,032 acres) between Venus and Montelle

• Grab samples from historic dumps and pits with up to 8 g/t Au

• Main trending structure runs for 1.6 km

• No modern exploration

• Exploration program planned –mapping, geochemical surveys & geophysics

YELLOW CONE – Au-Ag-Cu Target

• Large Land Position

• Gold values to 26 g/t

• Silver to 800+ g/t

• Copper locally >5% Cu

Recently completed work:

• Aeromagnetics + radiometrics

• Mapping & petrochemical sampling

• Soil grid geochemical survey

YELLOW CONE – Au-Ag-Cu Target

• 497 Claims, ~10,000 acres

• Large, high amplitude IP chargeability feature in major structural zone, associated with strong advanced argillic alteration, with gold and pathfinder geochemical anomalies

• Drill targets anticipated for 2013

• Permitting in place

BLACK TOP – Large Epithermal Gold System

• 102 claims staked along the Round Mountain (20 Moz Au) structural corridor of Miocene epithermal gold systems

• Gold anomalies present over 3 x 7 km area, with values up to 0.73 ppm, 10.3 ppm Ag, 2,500+ ppm As, >1,000 ppm Hg

• IP, Gravity, Magnetics and soil grid surveys completed

• Large-scalegeophysical and geochemical anomalies

• 3,177.5 m drilling completed August 2012

Round Mountain

BLACK TOPYELLOW CONE

BLACK TOP – Reconnaissance Drilling 2012

• Anomalous levels of Au and pathfinder elements As, Sb, Hg, Te and Tl were encountered, substantiating the presence of a large epithermal gold system

• Confirmed the low-sulfidation nature of the gold system, similar geochemically to the Barrick-Kinross Round Mountain deposit

• Possible source region for gold fluids in a large concealed and untested resistivity anomaly

Round Mountain pitto scale

BLACK TOP – Drill Targets

Round Mountain to scale

PLAN:

• 2,000 m RC -$300,000

• Test major target identified by initial “proof of concept”, drilling to 600 m

• Preliminary interpretation of drill data suggests possible up-gradient flow of epithermal fluids, likely sourced near the Rachel Grade resistivity feature (stronger silicification?)

• Claim position recently adjusted (saves $50k/year filing fees) to focus on most promising part of precious metal system

• Additional drilling is warranted, permitted and planned

Note S+Tl “cloud” in soil geochemistry

BLACK TOP – Reduced claim package to cover new target zone

• Claim package reduced to 102 claims covering the most promising portion of the geophysical array

Pipeline – Upcoming Drilling, New Targets Identified, New Partnerships?

• The company has examined over 90 prospects and targets in Nevada since 2007

• More than 50 combined years of exploration experience in the state

• Proprietary geophysical data

• Extensive rock geochemical data set

• Several new greenfield targets have been identified that could be triggered

• Ongoing discussions with new potential partners.

Areas of Geochemical

Sampling

exploring large-scale gold systems in nevada · exploring large-scale gold systems in nevada march...

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