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The Kliyul porphyry Au-Cu project, a grass-roots exploration project ...

The Kliyul porphyry Au-Cu project, a grass-roots exploration project ...

The Kliyul porphyry Au-Cu project, a grass-roots exploration project ...

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<strong>The</strong> <strong>Kliyul</strong> <strong>porphyry</strong> <strong>Au</strong>-<strong>Cu</strong> <strong>project</strong>, a <strong>grass</strong>-<strong>roots</strong><strong>exploration</strong> <strong>project</strong> in the Johanson Lake Area,Stikine Region, British ColumbiaApril 2013Daniel Lui


Cautionary NoteThis presentation contains forward-looking statements. Allstatements, other than statements of historical fact, thataddress activities, events or developments that the Companybelieves, expects or anticipates will or may occur in the future(including, without limitation, statements regarding <strong>exploration</strong>results, potential mineralization, future plans and objectives ofthe Company and mineral resources) are forward-lookingstatements. <strong>The</strong>se forward-looking statements reflect thecurrent expectations or beliefs of the Company based oninformation currently available to the Company. Forwardlookingstatements are subject to a number of risks anduncertainties that may cause the actual results of the Companyto differ materially from those discussed in the forward-lookingstatements, and even if such actual results are realized orsubstantially realized, there can be no assurance that they willhave the expected consequences to, or effects on theCompany. Factors that could cause actual results or events todiffer materially from current expectations include, amongother things, uncertainties relating to the availability and costsof financing needed in the future, changes in commodityprices, changes in equity markets, changes to regulationsaffecting the Company's activities, the uncertainties involvedin interpreting <strong>exploration</strong> results and other geological dataand the other risks involved in the mineral <strong>exploration</strong>industry. Any forward-looking statement speaks only as of thedate on which it is made and, except as may be required byapplicable securities laws, the Company disclaims any intentor obligation to update any forward-looking statement, whetheras a result of new information, future events or results orotherwise. Although the Company believes that theassumptions inherent in the forward-looking statements arereasonable, forward-looking statements are not guarantees offuture performance and accordingly undue reliance should notbe put on such statements due to the inherent uncertaintytherein.


LocationApproximately 65 kmsoutheast of Kemess South5 km from Omenica MiningAccess Road, andPowerlineAccessible year roundOmineca Mining Roadand Kemess PowerlineAdjacent to <strong>Kliyul</strong> Project3


Opportunity: Project HighlightsGrade continuity with potential toexpand:• KL06-30: 217.8 m averaging0.52 g/t <strong>Au</strong>, 0.23% <strong>Cu</strong> from22 m• Holes ended in mineralizationMultiple targets similar to <strong>Kliyul</strong>zone: Geology, geochemistry,geophysicsTurn-key <strong>project</strong> with permit,drill-ready and numerous <strong>grass</strong><strong>roots</strong> targets4


Mining CountryC-AFeasibilityPastProducerAdvancedExplorationALKT-ALKAdvancedExplorationALKDevelopmentC-A: Calc-Alkaline(T)-ALK: (Transitional) Alkaline5


Significant Regional Target GoldRGS stream sedimentleveled for entireBritish Columbia6


Significant Regional TargetCopperRGS stream sedimentleveled for entireBritish Columbia7


Geology - Key PointsTakla Group volcanic and sedimentary rocks intruded by:(1) Triassic - <strong>Kliyul</strong> Creek Complex (KCC): ultramafic to intermediate intrusives(2) Jurassic monzonite - diorite - tonalite suiteKCC overprinted by phyllic alteration controlled by linkage structure<strong>Kliyul</strong> zone surrounded by typical base and precious metal vein occurrencesSchiarizza and Tan, 20058


<strong>Kliyul</strong> ZoneNorthwest view along trace of linkage structureDortatelle FaultGinger BPacific Sugar<strong>Kliyul</strong> Zone<strong>Kliyul</strong> FaultPhyllic Alteration9


Gold in Soils>192 ppb<strong>Au</strong><strong>Au</strong><strong>Au</strong><strong>Au</strong><strong>Au</strong><strong>Au</strong>10


Copper in Soils>309 ppm<strong>Cu</strong><strong>Au</strong><strong>Au</strong><strong>Cu</strong><strong>Au</strong><strong>Cu</strong><strong>Au</strong><strong>Cu</strong><strong>Au</strong><strong>Au</strong>11


Molybdenum in Soils>14 ppm<strong>Cu</strong><strong>Au</strong><strong>Au</strong><strong>Cu</strong><strong>Au</strong><strong>Cu</strong><strong>Au</strong><strong>Cu</strong><strong>Au</strong><strong>Au</strong>12


Soil Geochemical ConsiderationsAlpine soil –Talus finesamplingmediumGlacial tillCoverPhyllicalteration atsurface – lowmetal contentView looking SW over GXL camp from <strong>Kliyul</strong> zone13


Total Field MagneticsJurassicTonoliteMag HiMag HiMag Hi14


Apparent ResistivityJurassicTonoliteTakla GroupSedimentsMag HiMag HiMag Hi15


2011 IP Geophysics - ResistivityJKRV16


2011 IP Geophysics - Resistivity>192 ppbJKRV17


Comparison with Kemess SouthKemess South Mine<strong>Kliyul</strong> Zone: IP Chargeability Anomaly>0.3 % <strong>Cu</strong>Duuring et al., 200920-30 mV/VChargeabilityHalo18


Alternative Airborne Surveys


<strong>Kliyul</strong> Drill PlanKL06-31:QZ-MT-CL alteration with CPSampled at 373 m:0.77 ppm <strong>Au</strong>,0.27 % <strong>Cu</strong>Banded QZ-MT VeinsSampled at 205 m:0.69 ppm <strong>Au</strong>,0.02 % <strong>Cu</strong>20


<strong>Kliyul</strong> Drill SectionEnds inMineralization21


Drill Deeper!KL06-30KL06-31End of HoleEnd of Hole4.37 m @ 1.31 g/t <strong>Au</strong>, 0.31% <strong>Cu</strong> 12.0 m @ 1.55 g/t <strong>Au</strong>, 0.12 % <strong>Cu</strong>Strong QZ-SE-PY22


2011 IP Geophysics - Modelled Section500 mChargeability2006 Drilling256 mV/VResistivity2006 Drilling89751191 ohm-m23


Modeled MagneticsMagnetic core: Banded Qz-Mt<strong>Au</strong>-<strong>Cu</strong> mineralizationsurrounding Qz-Mt “core”Mineralized diorite: moderatemagnetic susceptability (green)Not drilled to southeast or belowQz-Mt “core”Grade Shell: 50Mt Volume of <strong>Au</strong>MineralizationKL06-30KL06-31Muntean and Einaudi, 2000 – Schematic: Refugiohydrothermal system.Mag Inversion:Banded Qz-MtVeining<strong>Au</strong>-<strong>Cu</strong>Mag Inversion:MineralizedDioriteModeled Magnetic Susceptibilities in DioriteRed: banded qz-mt veinsAvg. grade: 0.094 ppm <strong>Au</strong>, 0.033 ppm<strong>Cu</strong>Green: silica-mt-chl alteration with py-cpAvg. grade: 0.54 ppm <strong>Au</strong>, 0.42 ppm <strong>Cu</strong>24


<strong>Kliyul</strong> SummaryExploration opportunity in mining country - power, road within5 kmProject area located in significant regional <strong>Au</strong>-<strong>Cu</strong>geochemical footprint on par with known depositsIP and magnetics geophysics, and alteration geology indicatethe potential for a sizeable, well preserved <strong>porphyry</strong> systemnear-surface.Two deeper holes bottom in mineralization• Kemess grade intercept - 217.8 m averaging 0.52 g/t <strong>Au</strong>,0.23% <strong>Cu</strong>25

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