ARA-TSX.V - Anconia.ca
ARA-TSX.V - Anconia.ca
ARA-TSX.V - Anconia.ca
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July2012Presentation<br />
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Forward Looking Statements<br />
This presentation contains certain “forward-looking statements” and “forward-looking information” under appli<strong>ca</strong>ble securities laws. This<br />
presentation has been prepared by the management of <strong>Anconia</strong> Resources Corp. (“<strong>Anconia</strong>” or “The Corporation”). Except for statements of<br />
histori<strong>ca</strong>l fact, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized<br />
by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, and other similar words, or statements that certain events<br />
or conditions “may” or “will” occur. Forward looking information may include, but is not limited to, statements with respect to the future financial or<br />
operating performances of the Corporation, estimated of future <strong>ca</strong>pital, operating and exploration expenditures, the future price of copper, gold<br />
and zinc, the estimation of mineral reserves and resources, specifi<strong>ca</strong>lly the updating of the mineral resource at Thierry, the realization of mineral<br />
reserve estimates, the costs and timing of future exploration, requirements for additional <strong>ca</strong>pital, government regulation of exploration, development<br />
and mining operations, environmental risks, reclamation and rehabilitation expenses, title disputes or claims, and limitations of insurance coverage.<br />
Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a<br />
number of assumptions and subject to a variety of risks and uncertainties and other factors that could <strong>ca</strong>use actual events or results to differ<br />
materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within<br />
the control of the Corporation and there is no assurance they will prove to be correct. Factors that could <strong>ca</strong>use actual results to vary materially from<br />
results anticipated by such forward-looking statements include changes in market conditions and other risk factors discussed or referred to in the<br />
section entitled “Risk Factors” in the Corporation’s most recently filed MD&A has attempted to identify important factors that could <strong>ca</strong>use actual<br />
actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that <strong>ca</strong>use actions,<br />
events or results not to be anticipated, estimated or intended. There <strong>ca</strong>n be no assurance that forward-looking statements will prove to be accurate,<br />
as actual results and future events could differ materially from those anticipated in such statements. The Corporation undertakes no obligation to<br />
update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by appli<strong>ca</strong>ble<br />
securities laws. The reader is <strong>ca</strong>utioned not to place undue reliance on forward-looking statements. Unless otherwise stated, the information<br />
contained in this presentation is as of July 13, 2012.<br />
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Corporate Overview<br />
<strong>Anconia</strong> Resources Corp. (<strong>ARA</strong>: <strong>TSX</strong>.V) is a base and precious metals exploration and development company, focused on the<br />
discovery of high potential polymetallic copper-zinc-silver-gold (“vms”) deposits and high grade Lode Gold deposits in the Nunavut<br />
Territory, and Province of Ontario, Canada. <strong>Anconia</strong> is undertaking a near term drilling program to determine the potential of the<br />
polymetallic projects in Nunavut.<br />
ThE PROJECTs:<br />
ZAC Property–(100% owned) 7,231 acres (29.3 square km), lo<strong>ca</strong>ted approximately 170 km south of Baker Lake,<br />
Nunavut Territory.<br />
• Target: signifi<strong>ca</strong>nt zinc, copper, gold, and silver mineralization; assays up to 19.6% Zinc, 8.9% Copper,<br />
517g/t Ag, 8.7 g/t Au.<br />
Marce Property–(100% owned) 5,785 acres (23.4 square km), lo<strong>ca</strong>ted 18 km southwest of the ZAC Property.<br />
• Target: signifi<strong>ca</strong>nt zinc, copper, gold and silver mineralization: assays up to 34% Zinc, 10% Copper. 2100g/t<br />
Ag, 19.6 g/t Au.<br />
RB Property–(100% owned) 10,330 acres (41.8 square km), lo<strong>ca</strong>ted 127 km sW of Rankin Inlet, Nunavut Territory.<br />
• Target: high grade Lode Gold; assays up to 196 g/t.<br />
Melchett Lake Property – option to earn 100% of 17 claims (205 claim units) lo<strong>ca</strong>ted approximately 65 km north<br />
west of Nakina, Ontario, includes 13 km of the most prospective sulphide rich sector<br />
of the Melchett Lake Greenstone Belt.<br />
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Share Structure<br />
As of July 23, 2012:<br />
Trading Symbol<br />
<strong>ARA</strong> - <strong>TSX</strong> VENTURE<br />
Price: $0.195<br />
52 Week High/Low: $0.45/$0.08<br />
Outstanding Shares: 38,552,864<br />
Fully Diluted: 53,081,446<br />
Market Capitalization: ~$7.5M<br />
Insider Ownership: ~28%<br />
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The Prize: VMS deposits in Canada<br />
Lydon, J. W., 2007, An overview of the<br />
economic and geologi<strong>ca</strong>l contexts of<br />
Canada's major mineral deposit types, in<br />
Goodfellow, W. D., ed., Mineral Deposits<br />
of Canada: A synthesis of major deposit<br />
types, district metallogeny, the evolution<br />
of geologi<strong>ca</strong>l provinces and exploration<br />
methods, Volume 5, Geologi<strong>ca</strong>l<br />
Association of Canada, p. 3-48.<br />
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Investment Highlights<br />
• 3 properties in Nunavut Territory which have returned excellent grades from historic and current<br />
(2011) prospecting programs for base (zinc, copper, lead) and precious (gold & silver) metals.<br />
Property (Nunavut) Zn% Cu% Ag g/t Au g/t<br />
Marce (2011) 0.02 – 34.24 0.01 – 10.6 0.01 – 2100 0.01 – 19.6<br />
ZAC (historic) 0.01 – 19.6 Trace – 8.9 1.08 – 517 0.01 – 8.71<br />
RB (2011) Trace – 6.83 0.02 – 2.94 0.18 – 65.7 1.15 - 196<br />
• Option to acquire 100% interest in 17 claims (the Melchett Lake Property) which covers the<br />
most prospective portion of the Melchett Lake Greenstone Belt. The Property has been drilled<br />
in the past and is known to host zinc and copper mineralization. Lo<strong>ca</strong>ted approximately 65<br />
km northwest of Nakina, Ontario.<br />
• Experienced management team and Board of Directors.<br />
• Techni<strong>ca</strong>l team with an extensive proven exploration track record.<br />
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Project Lo<strong>ca</strong>tion<br />
ZAC and Marce Properties are lo<strong>ca</strong>ted ~ 160–170<br />
kms from Arviat, Rankin Inlet, and Baker Lake.<br />
Polymetallic:<br />
Cu-Zn-Ag-Au-Pb<br />
classic VMS target<br />
Gold:<br />
High Grade<br />
Archean<br />
Lode Gold<br />
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ZAC Quick Facts<br />
Target: Vol<strong>ca</strong>nogenic Massive sulphides (VMs)<br />
• The ZAC Property (3 full claims) completely covers a zinc, copper, silver and gold<br />
mineralized system consisting of multiple zones over a strike length in excess of 2.5<br />
km, which was the subject of a historic exploration program.<br />
• Largest and most important system <strong>ca</strong>n be traced both on surface and with<br />
geophysics for almost 1.5 km.<br />
• Check assays taken during due diligence (Archibald 2009) are consistent with<br />
previous systematic sampling of the outcropping zones by the Property owners as<br />
follows; and confirm the polymetallic nature of the deposit:<br />
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Zn % Cu % Ag g/t Au g/t<br />
0.26 - 20 Trace – 8.9 1.08 - 517 0.01 - 8.71<br />
Photographs of two samples from the ZAC Property are on the following page.<br />
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Zac Samples<br />
Zn 20%<br />
Cu 8.91%<br />
Zn 10.7%<br />
Ag 517gr<br />
Au 8710 ppb<br />
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Gravity Signature of ZAC Property<br />
• Gravity surveys on the ZAC Property<br />
have produced the gravity signature to<br />
the left (pink colour represents gravity<br />
high readings) red dots represent EM<br />
(geotem) sources.<br />
• This represents a strike length of<br />
approximately 2.6 km.<br />
• Note the secondary gravity feature<br />
below the large pink zone in the right of<br />
the image interpreted as an offshoot of<br />
the main gravity feature.<br />
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3D Inversion of Gravity Signature - ZAC<br />
• 3-D interpretation of the gravity<br />
anomaly on the ZAC Property<br />
(previous slide).<br />
• Note the main feature remains<br />
open to depth and the existence of<br />
two additional features which are<br />
largely “masked” by the<br />
gravitational strength of the main<br />
feature (left and right of the main<br />
feature in the image) .<br />
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Marce Quick Facts<br />
• surface sampling program executed by <strong>Anconia</strong> in 2011 yielded samples of<br />
up to 34.14% Zn, 10.6% Cu, 2100 g/t Ag, and 19.2 g/t Au<br />
(assay values are maximum values achieved as reported in press release<br />
dated October 20, 2011).<br />
• Never been drilled.<br />
• Geophysi<strong>ca</strong>lly indi<strong>ca</strong>ted strike length of ~1.3 km with co-incident magnetics,<br />
electromagnetics and gravity. This has been traced for a distance of 1.1km<br />
in the form of mineralized high grade sub-crop, which has been brought to<br />
the surface through frost heaved verti<strong>ca</strong>l displacement.<br />
• Recent (July 2011) airborne electromagnetics survey has extended the strike<br />
length of the geophysi<strong>ca</strong>l signature to ~6 km.<br />
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Marce Project Sampling<br />
The illustration shows<br />
simplified geology of the<br />
Marce Project with sample<br />
points colour coded based<br />
on Zinc assays.<br />
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Marce Occurrence Surface Grab Samples<br />
Cu: 10.6%<br />
Zn: 11.5%<br />
Ag: 772 g/t<br />
Au: 6.1 g/t<br />
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Zn: 26.7%<br />
Ag: 420 g/t<br />
Au: 3.51 g/t<br />
Pb: 6.3%<br />
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3-D Inversion of Gravity Signature - Marce<br />
• 3-D interpretation of the gravity<br />
anomaly on the Marce Property.<br />
1.3 km<br />
• Note that there are two main<br />
features in this image.<br />
• The main Gravity anomaly<br />
represents a strike length of ~1.3<br />
km, which appears to continue<br />
beyond surveyed area.<br />
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Section View of Gravity Inversion - Marce<br />
• section view of the 3-D<br />
gravity inversion shows a<br />
large continuous body below<br />
surface, which remains open<br />
to depth.<br />
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Marce Extension<br />
The original extent of<br />
the Marce geophysi<strong>ca</strong>l<br />
signature, as well as<br />
the extension, based<br />
on the recent airborne<br />
electromagnetic<br />
survey.<br />
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RB Property<br />
• historic gold showing last explored in the late 1980’s yielded surface samples<br />
of 126.9 g/t over 1m, and 12.8 g/t over 8m from drilling.<br />
• Claims were re-staked by <strong>Anconia</strong> in 2010.<br />
• In July 2011, <strong>Anconia</strong> prospected the area, of 73 samples taken 22 returned<br />
Gold assay values in excess of 2 g/t, many of which were in the 20 – 50 g/t<br />
range. The highest assay value returned was 144 g/t.<br />
• In september 2011, confirmation samples were taken, which assayed up to<br />
196 g/t, and indi<strong>ca</strong>ted the presence of coarse gold.<br />
• The gold occurs mainly in mineralized faults running roughly east-west, which<br />
vary in width from a few cm to 20m. There appears to be a zone of about<br />
1000m strike length with a large concentration of elevated gold values (see<br />
map on following page).<br />
• Potential for a large structurally controlled mineralized system.<br />
• Lo<strong>ca</strong>ted approximately 45km EsE of ZAC Claims.<br />
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2012 Exploration Program<br />
• Further ground geophysics (Gravity and IP) over the Marce Project to delineate<br />
drill targets.<br />
• surface geologi<strong>ca</strong>l mapping and exposing showings to better define the extent of<br />
the surface expression of mineralization.<br />
• Initial drill program on the Marce Project is currently underway.<br />
• Construction of a winterized <strong>ca</strong>mp, which will extend the working season.<br />
• Melchett Lake Property - Drilling to follow up targets defined from March 2012<br />
downhole geophysics.<br />
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The <strong>Anconia</strong> Team<br />
MANAGEMENT TEAM:<br />
Jason Brewster, President and CEO: Mr. Brewster received his M.sc. in mining engineering from the Camborne<br />
school of Mines in Cornwall, England and his B.A. from the University of Western Ontario. For 14 years, Mr.<br />
Brewster has been active in all facets of the mining industry from grass roots prospecting to being instrumental in<br />
bringing a mine out of <strong>ca</strong>re and maintenance back into production.<br />
Harvey McKenzie, CFO: Mr. McKenzie is a Chartered Accountant with more than 35 years’ experience, including<br />
seven years with an international public accounting firm. he is currently the CFO and Corporate secretary of<br />
<strong>Anconia</strong> Resources Corp. and a Director and the CFO of Manor Global Inc. During the past ten years, Mr. McKenzie<br />
has served as CFO of several Canadian, publicly listed, exploration, development and producing mining companies.<br />
his public company experience includes the TsX, TsXV and AIM, giving him a solid grasp of global reporting<br />
standards, IFRs and consolidation of reporting for worldwide entities. Mr. McKenzie holds a Bachelor of science<br />
degree in Mathematics from the University of Toronto.<br />
BOARD OF DIRECTORs:<br />
Jason Brewster – CEO, Director and Interim Chairman<br />
Denis Clement – Lead Director<br />
Dr. James M. Franklin – Director<br />
John Sadowski – Director<br />
Michael Florence – Director<br />
TEChNICAL ADVIsORs:<br />
Norm Brewster – P.Geo<br />
Neil Novak – P.Geo<br />
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