23
TSX.V: RRI www.rivres.com 1 TSX.V: RRI www.rivres.com c TM

Investor Presentation Jan18 2010 Ppt

Embed Size (px)

Citation preview

Page 1: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com1

TSX.V: RRI

www.rivres.comc

TM

Page 2: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com2

Forward Looking StatementsThis presentation contains forward-looking statements and factual information that are current as of the date the presentation was originally delivered. Riverside Resources Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data.

Forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of properties; future prices of mineral resources; accidents, labor disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals of financing.

43-101 Historic Estimate DisclosureThe quoted historical estimates of resources for Sugarloaf Peak were prepared prior to the implementation of NI 43-101 Standards of Disclosure for Mineral Projects (“43-101”) and are not compliant with 43-101. These resource estimates were reported in N.R. Dausinger Jr, 1983 and N.R. Dausinger Jr., 1987 using a polygonal estimate of all drill holes that had gold assays. Riverside is not aware of any subsequent resourceestimations and it has not yet completed sufficient work to calculate a 43-101 compliant resource. Riverside has had prepared a 43-101 Technical Report on the Sugarloaf Peak Project (see the Goldsmith Report dated November 27, 2008 filed on www.sedar.com), which describes the non 43-101 compliant historic resource estimates by Dausinger, including (a) 100 million tons at ~ 0.5 g/t gold average grade for a total of 1.5 million ounces gold from shallow drilling averaging less than 130m depth and (b) 60 million tons of ~ 0.6 g/t average grade for a total of 1.2 million ounces gold with mineralization open to depth and along strike.

The historic estimates use categories other than the CIM definitions prescribed by 43-101 but they are based on calculations of tons, cut-off grade and average grade at various levels of confidence, which is consistent with the CIM definitions. Riverside considers the historic estimates to be roughly equivalent to the CIM defined inferred resource category level of certainty, reliable based on the data available at the time, and relevant for the volume of mineralization drilled at that time. Riverside cautions the reader that (i) a 43-101 qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, (ii) it is not treating the historical estimate as current mineral resources or mineral reserves as defined in sections 1.2 and 1.3 of 43-101, and (iii) these historical estimates should not be relied upon.

Disclosure

Page 3: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com3

Key Points

1. New asset in Mexico: Tajitos Gold Project

2.Drill results, cross sections and future of Sugarloaf

Peak

3. Successfully operated joint venture model

4. Plans for 2010

5. Catalysts, what is coming next for RRI

Page 4: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com4

Hybrid EngineProspect Generator:Riverside’s “electric engine”generates cash through property acquisition and partnerships

Drill Discoverer: Riverside’s “gas engine”, focuses on making major discoveries through targeted drill programs

Hybrid Business Model

Page 5: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com5

Issued 21,855,080

Fully Diluted 30,407,660

Cash on hand $2,900,000

Fully Diluted Cash $10,000,000

Kinross Exploration Alliance $800,000USD

- over 2 years

Management Rule Family Trust Global N.R. Kinross Gold

Holdings Corporation

Shares 9.4% 9.9% 3.8% 5.7%

Warrants Exercised 16.7% 7.2%

Share Structure

Page 6: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com666

RRI 52 Week Cash On Hand

Page 7: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com777

John-Mark Staude, President & CEO of Riverside Resources Inc., holds a Ph.D. in economic geology and has over 20 years of diverse mining and exploration experience in precious and base metals. He earned a Masters of

Science from Harvard University in 1989 and a Ph.D. in economic geology from the University of Arizona in 1995. Mr. Staude held

positions of increasing responsibility with a number of major international mining companies including Kennecott, BHP-Billiton, and

most recently Teck Cominco. He also worked with smaller commodity-focused companies like Magma Copper Company and

consulted to private investment groups. Mr. Staude's extensive Latin America mineral resource experience began in Mexico and

then extended through South America.

Rob Scott, CFO of Riverside Resources Inc., has over 12 years of professional experience in the areas of corporate finance, accounting, and merchant and commercial banking. He is a C.A., a CFA Charterholder and earned a B.Sc. from

the University of British Columbia. Mr. Scott has served as the Chief Financial Officer of Riverside Resources Inc. since March 2007

and prior to that, Mr. Scott worked at a private Vancouver-based merchant bank and a major Canadian bank in its commercial

banking division and merchant banking subsidiary.

Miguel A Heredia, Mexico Manager for Riverside Resources Inc., graduated from the Universidad Nacional Autonoma de Mexico and has over 20 years of mining exploration experience in precious and base metals. He managed

exploration for BHP and Penoles in a variety of geological environments in Mexico, North America and Central America. Between

1995 and 1999 he worked for BHP where he held the position of Senior Project Geologist. He has worked on some world-class

deposits, including the Fresnillo and San Martin-Sabinas districts and has participated actively in the acquisition of other high-quality

properties.

Andrew Daniels, VP Exploration of Riverside Resources Inc., is an accomplished Professional Geologist with over twenty four years of international mining and exploration experience. He has held senior level positions in both

open pit and underground mines, supervising large-scale exploration and development programs with various respected mining

companies including WMC, Anglo American, Minorco and Kilborn SNC-Lavalin as well as successfully operated an independent

consulting service for the past 8 years.

Dedicated Management Team

Page 8: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com8TSXTSX--V: RRIV: RRI

Brian Groves,

Director

Murray Seitz

Director

James Clare

LLC, B.A.,

Director

Board of Directors

Michael Doggett

Ph.D.,

Director

Brent Cook

B.Sc.

Buck Morrow

P.Eng.

Alan Carter

Ph.D.

Advisors to the Board

John-Mark Staude Ph.D.

CEO, President,

Director

Directors and Advisors to the Board

Page 9: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com9

Arizona gold mines:

Producing

•Mission Complex – Open Pit/ Underground

•Pinto Valley Operation – Open Pit

Past Production

•Copperstone Mine- Underground

•Iron King – Underground

•Harquahala-Bonanza-Golden Eagle - Underground

•Sheep Trail Mine

Mexico

Mexico: Producing open pit gold mines in Durango and Sonora State, Mexico:

•Alamos Dorado•Cananea•Cerro Colorado/ Laramide•La Caridad•La Herradura•Salamandra/ Mulatos Mine

RIVERSIDE HAS COMPETITIVE ADVANTAGE WITH PROPRIETARY MINERAL DATABASE

Stable Jurisdiction

Page 10: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com10

•Riverside has entered into a two year Exploration Alliance with Kinross Gold Corporation

•Focused only on potential gold properties in the Mesa Central Region of Mexico that are not controlled by Riverside or Kinross

•Kinross has committed US$400,000/ yr for 2 years

•Direct investment into identification and exploration programs for mineral properties in Mexico.

•Alliance recognizes Riverside’s historic work, proprietary database and current work programs in Mexico.

Maravillas Gold

Project

• 340 km² concession

•First project acquired in

the Mesa Central Region

since announcement of

Exploration Alliance

Kinross Exploration Alliance

Page 11: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com11

Sugarloaf Peak Au Project Tajitos Au Project

Active Projects

Cerro Azul Cu Project Penoles Au-Ag Project

Page 12: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com12

Ventosa Au Project

Chapalota Au Project

Libertad Au Project

Optioned to ArcusDevelopment Group Inc.

Optioned to ArcusDevelopment Group Inc.

Optioned to GeologixExplorations Inc.

Optioned Properties

Page 13: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com13

• Greater than 58 km2 Tajitos Gold Project is

located in Sonora, Mexico – option for 100%

RRI

• ~ 50,000 ounces of high grade gold produced

• Recent drilling by Penmont found

mineralization in and extending beyond vein

controls

• Mineralization style and host lithologies similar

to the Herradura Mine (Minera Penmont) and

the El Chanate Mine (Capital Gold) both of

which are within 100 km of the Tajitos Project

and are accessed by the same paved

interstate highway and other infrastructure.

Tajitos GoldGold Project

Page 14: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com14

Tajitos GoldGold Project

Project has three drill targets and previous mining

Page 15: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com15

Tajitos GoldGold Project

Page 16: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com16

• Drill program confirmed presence of

low grade gold body to a depth at

least double the historic drill data.

• NI43-101 report identified potential

historic resource of 1.2 million ounces

of 0.6 g/t gold average grade (non

NI43-101 compliant)

• Large, shallow, open pit gold body

open at depth with extensive upside

laterally and strong structural feeders

• Located in mining friendly jurisdiction

with good infrastructure.

Sugarloaf Peak GoldGold Project

Page 17: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com17

Sugarloaf Peak Drill Program

Page 18: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com18

•Riverside completed five angled diamond drill

holes on the property for a total of 1,125 metres

to a maximum true depth of over 200 metres in

any one hole.

• All five drill holes confirmed the presence of an

extensive mineralized gold system with gold

mineralization from the top to bottom of the

holes

•The mineralization appears to be controlled

geologically by both shallow and steeply dipping

structures and quartz stockwork veining

•The drill program targeted mineralization that is

associated with the geologic models found at the

Herradura Mine (Newmont Mining Corp.

Industrias Penoles), Mesquite Mine (New Gold

Inc.), and El Chanate Mine (Capital Gold

Corporation).

Sugarloaf Peak Drill Program

Page 19: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com19

Sugarloaf Peak Drill Program

Page 20: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com20

El Chanate Herradura Mesquite Sugarloaf

Grade Au g/t: 0.69 0.79 0.51 0.6

Million Tons: 29.8 140 201.9 60

Million Oz.: 0.66 3.16 3.60 1.2

Avg. Recovery: 67% N/A 76% (oxide) N/A

40% (non-oxide)

Cash cost

per ounce: $366 <$200 $573 N/A

Similar Producing Mines in Sonora, Mexico and California

Page 21: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com21

Mexico Potential- Herradura Mine

Riverside’s goal in Mexico is to discover large open pittable gold deposits

similar to the Herradura Mine (operated by Newmont/ Penoles)

Page 22: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com22

Catalysts – What is next.

1. Tajitos exploration results

2. Sugarloaf Peak Gold Project (Arizona): Advancement

3. Project acquisitions in Mexico

4. Partnerships on our projects in Mexico

5. Exploration Results from partners in Mexico:

Maravillas Gold Project(Kinross Alliance)

Libertad Gold Project (Geologix)

Chapalota Gold Project (Arcus Development)

Penoles Gold-Silver Project

Cerro AzulCopper Project

Page 23: Investor Presentation Jan18 2010 Ppt

TSX.V: RRI

www.rivres.com23

TSX.V: RRI

www.rivres.com

TM