westminster cp
TRANSCRIPT
This presenta,on contains forward-‐looking statements about the Company, its proper,es and its business plans. Forward looking
statements are statements that are not historical facts and include planned, expected or es,mated explora,on, drilling, expenditures,
reserve es,mates, budgets, schedules, working interests, valua,on and financial data. Informa,on inferred from the interpreta,on of
drilling results and informa,on concerning mineral reserve es,mates may also be deemed to be forward looking statements, as it
cons,tutes a predic,on of what might be found when and if a project is actually developed. Although the Company believes the
expecta,ons expressed in such forward-‐looking statements are based on reasonable assump,ons, such statements are not
guarantees of future performance and actual results may differ materially from those in the forward-‐looking statements. Factors that
could cause the actual results to differ materially from those in forward-‐looking statements include explora,on and development risks,
market prices, exploita,on and explora,on successes, con,nued availability of capital and financing, and general economic, market,
regulatory, environmental or business condi,ons. There can be no guarantees of future performance and actual results or
developments may differ materially from those projected in the forward-‐looking statements. Forward-‐looking statements are based on
the beliefs, es,mates and opinions of the management of the Company on the date the statements are made. The Company
disclaims any inten,on, and assumes no obliga,on, to update or revise any forward-‐looking statements to reflect actual results,
whether as a result of new informa,on, future events, changes in assump,ons or opinions, changes in factors affec,ng such
forward-‐looking statements or otherwise, except as required pursuant to applicable securi,es laws.
Forward-‐Looking Statements
WHY WMR in MEXICO?
• LOCATION, LOCATION, LOCATION
• OPPORTUNITY, OPPORTUNITY, • OPPORTUNITY!!!!
Location Map
Mineral Concession Monuments Navojoa Project
El COBRE PROJECT
EL COBRE PROJECT
• 4 historic mines • district scale porphyry poten,al • Focus on Anita Copper Mine
• At surface diatreme-‐epithermal zones
• High grade gold-‐copper-‐silver produc,on • Historic ore dumps = on surface asset
• Drill ready target never tested
Anita Copper Mine
• Historic ore dumps
Anita Copper Mine
• Waste ore Dump
EL COBRE PROJECT Anita Copper Mine Ore Dump Test
• Vendor tests 700t from surface ore dump • Aug. 2nd,2000 Metallurgical Assays Choix Non Compliant Report
• Average grade AU 4.5g/t range 3.1-‐ 9.1g/t Average grade AG 51g/t range 38.-‐ 68.g/t Average grade CU 4.6% range 3.1-‐ 6.2 %
ANITA COPPER MINE INCLINED SHAFT Started 1900 to 1910 to max depth of 500 feet
Anita Copper Mine Diatreme
Ramp into silicified breccia
Anita Copper Mine
• El Cobre Project
Diatreme Breccia
ANITA COPPER MINE
• Classic Breccia
El Cobre Project Anita Copper Mines Surface Ore Dump Epithermal Breccia
El Cobre Project Anita Copper Mines Surface Ore Dump Epithermal Breccia
El Cobre Project • Anita Copper Mine
• Proposed Model
• Epithermal-‐diatreme
• High grade Au+Cu+Ag • Sulphide Rich
El Cobre Project
Anita Copper Mines Surface Ore Dump High Grade Copper Sulphides
El Cobre Project
Anita Copper Mines Surface Ore Dump High Grade Copper Sulphides
EL COBRE PROJECT EXPLORATION PLANS
• Anita Copper Mine is near term focus • Near surface high grade Au-‐Cu-‐Ag target • Never drill tested-‐no modern explora,on
• CSAMT surface Geophysical Survey
• 3500 m Diamond Drill Program Oct-‐Nov
• 600 m strike length-‐near surface tes,ng
• Detailed mapping, sampling virgin zones
UNDRILLED Target traced 600 metres Anita Copper Mine
INTENSE SILICIFICATION
• Epithermal Quartz replacement of rock • CSAMT surface geophysical surveys
• Detect by combina,on of HIGH Resis,vity+ low magne,c signatures or palerns
• Down to deeper levels than other methods
El Cobre Project
Los Amigos Mine High Grade Copper Surface Oxide Ore
Los Amigos Copper Mine
Los Amigos Copper Mine
Los Amigos Breccia
Los Amigos Copper Mine Breccia
Los Amigos Breccia-‐Anita MineLook Alike Alike
EL COBRE ROAD CONSTRUCTION
EL COBRE ROAD CONSTRUCTION
El COBRE ROAD CONSTRUCTION
Los Alamos Silver Mine
Los Alamos Vein – leached high grade silver-‐galena
Los Alamos Silver Mine
Westminster Resources Overview
• Listed Oct 2008= aggressive explora,on • Set up Minera Westminster-‐ Mexico City
• Nov. 2008 start acquisi,ons Navojoa • Navojoa Project explore + drill 2009 • Feb. 2010 El Cobre Project assembly starts
• Now first drilling and modern explora,on
• Anita Copper Mine and other historic mines
CONTACT
HEAD OFFICE Suite 488-‐625 Howe Street Vancouver, B.C. Canada, V6C 2T6 Tel: 604-‐608-‐0400 Fax: 604-‐602-‐9330 Toll Free: 1-‐877-‐608-‐0007 Email: [email protected]
MEXICO OFFICE Minera Westminster, S.A. de C.V. Bosques de Ciruelos #180, P.P. 101 Col. Bosques de las Lomas 11700 Mexico, D.F., Mexico