25
TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com Advancing to Production May 2013

Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX 2013 ACTIVITIES

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

Advancing to Production

May 2013

Page 2: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

DISCLAIMER

This presentation may contain forward-looking

statements concerning the Company’s plans for

its properties, operations and other matters.

These statements refer to analyses and other

information that are based on forecasts of future

results, estimates of amounts not yet

determinable and assumptions of management.

Statements concerning reserves and mineral

resource estimates may also be deemed to be

forward-looking statements to the extent that

they involve estimates of the mineralization that

will be encountered if the property is developed

and in the case of mineral reserves, such

statements reflect the conclusion based on

certain assumptions that the mineral deposit can

be economically exploited. Any statements that

express or involve discussions with respect to

predictions, expectations, beliefs, plans,

projections, objectives, assumptions or future

events or performance are not statements of

historical fact and may be “forward-looking

statements”. Should one or more of these risks

and uncertainties materialize, or should

underlying assumptions prove incorrect, actual

results may vary materially from those described

in forward-looking statements. Forward-looking

statements are made based on management’s

beliefs, estimates and opinions on the date the

statements are made and the Company

undertakes no obligation to update forward-

looking statements if these beliefs, estimates

and opinions or other circumstances change.

Investors are cautioned against attributing undue

certainty to forward-looking statements. Some

information provided is of a confidential nature

and cannot be divulged or used for gain until it is

made public.

Page 3: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

ABOUT ANTIOQUIA GOLD

• Canadian junior: TSX-V and OTCQX

• Share price: $0.05

• 52-week high/low: $0.37/$0.03

• shares outstanding: 154M

• fully diluted: 220M

• Focused on gold opportunities in Colombia

• operating out of Medellin since 2007

• Solid experience in exploration, development,

production

Page 4: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

BOARD OF DIRECTORS

• James H. Decker

• Ernesto Bendezu Flores

• Felix Navarro-Grau Hurtado

• Fernando Jaramillo

Page 5: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

MANAGEMENT TEAM

• Fernando Jaramillo, Director, President and CEO

• Jim Decker, P.Eng, Director, Executive VP

• Rodger Roden, CA, Chief Financial Officer

Page 6: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

STRATEGIC PARTNER - CMH

• CMH: Consorcio Minero Horizonte

• Peruvian private company: own 45% of AGD shares

• Produced >200,000 oz Au in 2012, mostly from Parcoy Mine

• Parcoy very similar geologically to Cisneros

• Strong technical group

• geology

• mining

• processing

• 30+ years underground mining experience

www.cmh.com.pe

Page 7: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

LAND POSITION (~40,000 ha)

Bucaramanga

Bogota D.C.

CAUCA PORPHYRY BELT ANTIOQUIA

BATHOLITH CONTINENTAL – BURITICÁ (6.4M oz)

ANGLO/B2 - QUEBRADONA

GRAN COLOMBIA – MARMATO (12.4M oz)

SEAFIELD – QUINCHEA (2.0M oz)

ANGLO – LA COLOSA (12.9M oz)

ANGLO/B2 – GRAMALOTE (2.3M oz)

VENTANA - LA BODEGA

GREYSTAR - ANGOSTURA

SUNWARD - TITIRIBI (8.0M oz)

CAICEDO

CONCORDIA -BETULIA

JERICÓ

GAVIA

AGUADAS

MANIZALES NORTE

CISNEROS CAÑAS GORDAS

AGD Projects

Other Projects

Medellin

Page 8: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

ACHIEVEMENTS TO DATE

• All drill sites 100% reclaimed

• Metallurgical tests indicate >90% gold recovery

• Guaico Tunnel Environmental & Production Permit Approved

• Responsible community relations – ongoing communication

CISNEROS DRILLING SUMMARY YEAR METERS DRILLED NO. OF HOLES NO. OF SAMPLES

2009 3,900 30 2,200

2010 9,400 49 3,300

2011 19,000 84 9,600

2012 13,100 46 6,100

TOTAL 45,400 209 21,200

Page 9: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

2013 ACTIVITIES

• NI 43-101 Resource Estimate completed by June 30

• Acquire land for Guaico tunnel entry and support facilities

• Engineer & build Guaico (650 m) tunnel by Dec 31

• Complete NI 43-101 PEA by year end including: • Nominal annual production of 35,000 oz Au

• Conceptual design for 600 tpd process plant

• QP supported conceptual mine method & design

• Associated studies in support of the above • Geotechnical & Hydrological

• Mine Water Treatment & Disposal

• Site definition for Plant, Waste Dumps & Tailings Disposal

• Secure Environmental & Production Permit for Guayabito tunnel

Page 10: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

2014 Activities

• Engineer & Build Guayabito tunnel (600 m)

• Initiate drilling (15,000 m) within tunnels:

• Establish a reserve base for first 5 years mine production

• Identify resource base for 10 years of mine production

• Initiate drilling (5,000 m) in additional identified

prospects (Suramerica, Chamuela, Nus extension)

• Extend Guaico tunnel (600 m) toward Papi – NUS

• Complete Studies supporting a “Go Production”

decision by year end

Page 11: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

PRELIMINARY ECONOMIC ANALYSIS

• Modern underground mining, trackless equipment

• 600 tpd gold processing facility, used plant as a base

• Dry tailings disposal/rock

• Financing ~$40 million

Page 12: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

ANGLO/B2 –

GRAMALOTE (2.3M oz)

CISNEROS PROJECT - LOCATION

CISNEROS

Medellin

Page 13: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

LA QUIEBRA - EL LIMÓN

BAREÑO

LOS PLANES

SANTA GERTRUDIS

MONTE BELLO

CUCURUCHO

ALTO LA CUMBRE

ROCK

SEDIMENTS

PANNING

STRUCTURES & GEOCHEMICAL ANOMALIES

Page 14: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

14

Au: 4.3 ppm Ag: 2.1 ppm As: 1.7 ppm Cu: 768.4 ppm Mo: 34.6 ppm

Au: 1.5 ppm Ag: 7.4 ppm As: 18.6 ppm Cu: 5518.6ppm Mo: 1.9 ppm

Au: 5.4 ppm Ag: 4.3 ppm As: 2.5 ppm Cu: 1443.7 ppm Mo: 8.1 ppm

Au: 3.4 ppm Ag: 4.0 ppm As: 5.6 ppm Cu: 567.4 ppm Mo: 1.9 ppm

1000 msnm

1500 msnm

GUAYABITO

GUAICO NUS

Au ppm

Ag ppm

As ppm

Cu ppm

Mo ppm

PÓRFIDO ? (Cu – Au –Mo)

Mo) )

MANUELA CHAMUELA

SOROMA CHAPULIN

FLUIDO HIDROTERMAL

MINERALIZATION MODEL & GEOCHEMISTYRY

Page 15: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

Cisneros Valley

Polished Sample showing: Pyrite -Chalcopyrite, Bismuthinite & Native Gold Guaico Vein (Artisenal Mine Workings)

Drill Core Storage: Cisneros

Page 16: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

GUAYABITO

GUAICO

PAPI

SECTOR NUS

U

D

FALLA NUS

FALLA CISNEROS

FALLA BAREÑO

MANUELA CHAMUELA

SOROMA CHAPULIN

GUAICO TUNNEL – PLAN VIEW

Page 17: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

Au: 5.4 ppm Ag: 4.3 ppm As: 2.5 ppm Cu: 1443.7 ppm Mo: 8.1 ppm

1000 msnm

1500 msnm

GUAYABITO

GUAICO NUS

Au ppm

Ag ppm

As ppm

Cu ppm

Mo ppm

PÓRFIDO ? (Cu – Au – Mo) )

MANUELA

FLUIDO HIDROTERMAL

SOROMA

GUAICO TUNNEL – SECTION VIEW

Page 18: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

GUAICO TUNNEL – TYPICAL X-SECTION

Page 19: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

TYPICAL MINING EQUIPMENT PLANNED

3 m3 Scoop

Single Jumbo Drill

30 t Truck

20 t Truck

Page 20: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

PARCOY MINE

3 m3 Scoop & 12 t Truck

Supervisor Pick-up

Mine Entrance

Single Jumbo Drill

Page 21: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

PARCOY MINE

Waste Rock Transfer

Waste Rock Train (10 t cars)

Dump Pocket & Grizzly

30t Ore Truck

Page 22: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

CONCEPTUAL PROCESS PLANT FLOW SHEET

ORE FEED ORE FEED

JAW

CRUSHER

SCREEN SCREEN

BALL MILL

HYDROCYCLONE

REGRIND

BALL MILL

GRAVITY

SEPARATION

DEWATERING

GOLD BULLION GOLD BULLION

FLOTATION

CIRCUIT

GOLD

PRECIPITATION

DRY TAILINGS

DISPOSAL

SMELTING

FILTRATION

GOLD BULLION GOLD BULLION

THICKENERS

GOLD

CONCENTRATE

CN DESTRUCTION

REACTORS CONTAINMENT

LEACHING

FILTER

PRESS

FILTER

PRESS

Page 23: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

PARCOY PROCESSING EQUIPMENT

Ball Mill Flotation Cell

Filter Press Ore Conveyor

Page 24: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

PARCOY DRY TAILINGS STRUCTURE

Compactor

Geotextile Liner

Page 25: Advancing to Production · Bucaramanga GREYSTAR Bogota D.C. CAUCA PORPHYRY BELT ANTIOQUIA BATHOLITH ... TOTAL 45,400 209 21,200 . TSX-V: AGD OTCQX: AGDFX  2013 ACTIVITIES

TSX-V: AGD OTCQX: AGDFX www.antioquiagoldinc.com

FINANCING NEEDS

• Financing Tranches

• 2013: $4 Million

• 2013: $8 Million

• 2014: $30 Million

• Alternatives Under Review

If 2013 – 2014 goals achieved, Company will

make a "GO" decision to produce gold by 2015