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An Argentina & Chile focused exploration company run by mine 9inders March 1st, 2016
AnArgentina&Chilefocusedexplorationcompanyrunbymine9indersMarch1st,2016
This document comprises a presenta1on (this “Presenta(on”) which has been prepared by and is the sole responsibility of BuenaVista Gold Ltd(the“Company”).ThecontentsofthisPresenta1onhavenotbeenapprovedbyanauthorisedpersonundersec1on21oftheUKFinancialServicesandMarketsAct2000(“FSMA”).ThisPresenta1onisforinforma1ononlyandneithercons1tutesnorformsnorshouldbeconstruedascons1tu1ngorformingpartofanyofferorinvita1ontosellorsolicita1onofanyoffertobuy,underwriteorsubscribeforanysecuri1esintheCompanynorshallitoranypartofitformthebasisoforbereliedoninconnec1onwith,oractasany inducement toenter into,anycontractor commitmentwhatsoeverorcons1tutean invita1onor inducement toengage ininvestmentac1vityundersec1on21FSMA.Notwithstandingtheabove,intheUnitedKingdom,thisPresenta1onisonlybeingmadeavailabletopersonsreasonablybelievedbytheCompanyto(i)haveprofessionalexperienceinmaRersrela1ngtoinvestments,beinginvestmentprofessionalsasdefinedinAr1cle19(5)oftheFinancialServicesandMarketsAct2000(FinancialPromo1on)Order2005(asamended) (the“FPO”), (ii)becer1fiedhighnetworth individualsasdefined inAr1cle48(2)of theFPO, (iii) fallwithinAr1cle49(2)oftheFPO(includinghighnetworthcompaniesandunincorporatedassocia1ons,descrip1onsofwhichandofotherpersonsfallingwithinAr1cle49(2)aresetout inAr1cle49(2)), (iv)becer1fiedsophis1cated investorsasdefined inAr1cle50(1)of theFPOor (v)beself-cer1fiedsophis1catedinvestorsasdefinedinAr1cle50AoftheFPOandbepersonswhomitmayotherwisebelawfultodistributeit(allsuchpersonstogetherbeingreferredtoas“RelevantPersons”).Itisnotintendedtobe,andmustnotbe,accessedby,distributed,passedonordisclosed,directlyorindirectly,intheUnitedKingdomtoanyother classof persons. By accessing and reading this Presenta1on, the recipient represents andwarrants that they are aRelevantPersonen1tled toreceivethisPresenta1on.ThisPresenta1ondoesnotpurporttocontainallinforma1onthataprospec1veinvestormayrequireandissubjecttoupda1ng,revision,comple1on,furtherverifica1onandamendment.Noreliancemaybeplacedforanypurposewhatsoeverontheinforma1oncontainedinthePresenta1on,noronassump1onsmadeastoitscompleteness.Norepresenta1onorwarranty,expressorimpliedisgivenbyoronbehalfoftheCompany,itsdirectorsorproposeddirectorsoranyotherpersonastotheaccuracy,completenessorfairnessoftheinforma1onoropinionscontainedinthisPresenta1onandnoliabilityorresponsibilityisacceptedwithrespecttosuchinforma1onoropinions.Notwithstandingtheaforesaid,nothinginthisparagraphshallexcludeliabilityforanyrepresenta1onorwarrantymadefraudulently.Theinforma1onandopinionscontainedinthisPresenta1onareprovidedasatthedateofthisPresenta1onandaresubjecttochangewithoutno1ce.TheCompanydoesnotundertakeoragreetoanyobliga1ontoproviderecipientsofthisPresenta1onwithaccesstoanyaddi1onalinforma1onortoupdatethisPresenta1onortocorrectanyinaccuraciesin,oromissionsfrom,thisPresenta1onthatmaybecomeapparent. Nopersonhasbeenauthorisedtogiveanyinforma1onormakeanyrepresenta1onsotherthanthosecontainedinthisPresenta1onand,ifgivenand/ormade,suchinforma1onorrepresenta1onsmustnotberelieduponashavingbeensoauthorised.Relianceonthispresenta(onforthepurposeofengagingininvestmentac(vi(esmayexposeanindividualtoasignificantriskoflosingallofthepropertyinvestedorofincurringaddi(onalliability.Neither thisPresenta1onnor itscontentsmaybeaccessed,distributed,publishedor reproduced, inwholeor inpart,byyouoranyotherperson foranypurpose. In par1cular, neither this Presenta1onnor any copy of itmay be accessed, distributedor transmiRed in or into theUnited States of America,Canada,Australia,JapanorSouthAfricaorinanyothercountryoutsidetheUnitedKingdomwheresuchdistribu1onmayleadtoabreachoflaworregulatoryrequirementsoraccessed,transmiRed,distributedorsenttoorbyanyna1onal,residentorci1zenofsuchcountriesortoanyUSperson(withinthedefini1onofRegula1onSmadeundertheUSSecuri1esAct1933(asamended)(“Securi(esAct”). Thedistribu1onofthisPresenta1onincertainjurisdic1onsmayberestrictedbylawandthereforepersonsintowhosepossessionthisPresenta1oncomesshouldinformthemselvesaboutandobserveanysuchrestric1ons.Anysuchdistribu1oncouldresultinaviola1onofthelawofsuchjurisdic1on.InCanada, thisPresenta1on isonly tobeaccessedbyordistributed topersonsorcompanies reasonablybelieved tobe“accredited investors”within themeaningofSec1on1.1ofNa1onalInstrument45-106-ProspectusandRegistra1onExemp1ons(“NI45-106”).CanadianresidentswhoreceiveandacceptthisPresenta1onaredeemedtohaverepresentedthattheyareaccreditedinvestorsunderSec1on1.1N145-106.InAustralia,thisPresenta1onisonlytobedistributedtopersonsorcompaniesreasonablybelievedtobe“sophis1cated”or“professional”investorsundersec1on 708 of the Australian Corpora1ons Act 2011 (Cth) and will not be made under a disclosure document pursuant to Chapter 6 of the AustralianCorpora1onsAct2011(Cth).RecipientsofthisPresenta1oninAustraliaaredeemedtohaverepresentedthattheyaresophis1catedorprofessionalinvestorsundersec1on708oftheAustralianCorpora1onsAct2011(Cth).
March1st,2016
Disclaimer
TOP4SHAREHOLDERS % KinrossGoldCorp 7,500,000 22.3JohnSutcliffe 4,625,000 13.8PinetreeCapital 3,750,000 11.2AustralianInvestorsPtyLtd 2,750,000 8.2Top4shareholdersownapproximately55.5%ofissuedsharecapital
SHARECAPITAL Issued&AlloRed 33,568,360
(IncludingFounders&Directors10,125,000)CapitalRaised-SeedQ42011 £1.29M(approx$US2M) -InterimQ12015 £0.28M(approx$US0.43)
REGISTEREDOFFICE
OneLondonWall,LondonEC2Y5AB
CONTACT
JohnSutcliffe,CEO,[email protected]+447748282098
CorporateInformation
THECOMPANY • UKregistered,privatelyfunded–SouthAmericabasedexplora1oncompany• Runbyexperiencedminefinders• WithGold/SilverprojectsinArgen1na&ChilefocusedonthePedernalesGoldDistrict(SlideNo8)
ARGENTINEMERGEROPPORTUNITY• Op1ontomergewithRiodeOro(“RdO”)with120,000Haofhighlyprospec1veconcessions• KeyRdOproject,Vallecito,endorsedbyleadinginterna1onalconsultant• Drillready
CHILEPROJECTS• ElviraProject,Op1onAgreementtoacquire100%fromAngloAmerican• 5,711mofdrillingcompletedin2roundsbyEPGJ.V.partnerwithGovernmentfunding• Silver&Basemetalzoningsuggestspossibleblindporphyrytarget• 100%ownedCerroAgujaConcession-aprimeuntestedtargetforepithermalgold
PleaserefertoRiodeOroPresentaHon(slide10onwards)fordetailsofRDOprojects.
Directors• JohnSutcliffe,ChairmanandChiefExecu(ve,isanexplora1ongeologistwithover50yearsinterna1onalexperience.Johnledteamswhichfound;theRioNarceagoldbeltinSpain;thePallancatasilverdepositinPeru,theRioBlancogold-silverdepositinEcuadorandvariouscopperporphyrydepositsinIran,ChileandCostaRica.
• DrRichardSpencer,isaTorontobasedgeologistwithover30yearsinterna1onalexperience.RichardwasinstrumentalinthediscoveryoftheQuimsacochagolddepositandtheCorrientecopperbelt,bothlocatedinEcuador.Recentlyhehastakentwouraniumdepositsthrougheconomicassessment.RichardistheChiefExecu1veofU308Corp,aTSXlisteduraniumexplora1on&developmentcompany.
• AlastairMorrison,isanAdelaidebasedgeologistwith25yearsexperienceinmineralexplora1onandmininginvestment,including14yearsasanexplora1ongeologistinAustraliaandAfrica.Forthepast11years,hehasworkedasaninvestmentanalystforAustralianInvestorsPtyLtd,aprivate,resource-orientedinvestmentfundandoneofBVG’slargershareholders.
• FrancisO’Kelly,isaSan1agobasedminingengineerwithover45yearsinterna1onalexperience.FrankhaspreviouslyworkedforExxon,AnacondaandRosarioMiningandalsoservedasanofficerforJPMorganandapartnerofEldersFinance.
BuenaVistaGold:BoardofDirectorsandManagement
• DrGustavoRodriguez,(Explora1onManager),isageologistwithover15years’experienceinexplora1oninArgen1na,VenezuelaandChile.Gustavoheldposi1onsatseveralcompaniesincludingIAMGOLDCorp.,andCrystallexInterna1onalCorp.AsVPExplora1onofMarianaResources,heleadtheteamthatdiscoveredLasCalandriasgold-silverdepositinPatagoniaArgen1na.InChileasExplora1onManagerforGoldFieldshemanagedexplora1ontheSalaresNortegoldandsilverdiscovery
• PabloMir,(President,Chilesubsidiary)isaChileanmininglawyerfoundingpartnerofBofillMir&AlvarezJanaAbogados.In2013,PablowaschosenbyWho’sWhoofBusinessLawyersandChambersGlobalasoneofthebestmininglawyersinLa1nAmerica.
• JohnGe\y,ACMA,CGMA,(CompanySecretary-UK),isaCharteredManagementAccountantandCivilEngineerwithover30years’interna1onalexperienceintheresourcesector.AsaCivilEngineerhehasextensiveexperienceinthedesign,construc1onsupervisionandprojectmanagementofmineinfrastructureandfacili1es.Heisaco-directorofaconsultancyspecializinginthelis1ngofresourcecompaniesonAIM.
• DrRichardSillitoe,UK,isaworld-renownedeconomicgeologist.Hehasbeenaneconomicgeologicalconsultantforover40yearsandhasworkedinover70countries.Richardhasagreedtoactasthecompany’sprincipaltechnicalconsultant.
Management
TechnicalAdvisor
BuenaVistaGold:BoardofDirectorsandManagement
Elvira
LaCoipa(>5MozAu&90MozAg)
Chimberos
Vallecito
LosBayos
CerroAguja
SalaresNorte(3.1MozAu&34MozAg)
AntofagastadelaSierra
SalardePedernales
ElIndio
Pedernales
Principalgold/silverdepositsBVGconcessions-Chile
RdOconcessions-Argen1na
BuenosAires
San1ago
ExploringforEpithermalDepositsinthePedernalesDistrict
ARGENTINARIOdeOROMERGEROPPORTUNITY• RdOsecuredfirstmoveradvantageaheadofOctober2015elec1ons,assemblingaRrac1veporuolioof19concessionstotalling120,000Hain2014-15
• RdO’steamincludesGustavoRodriguez,aleadingArgen1negeologist(andBVG’sExplora1onManagerinChile)andprominentBuenosAiresmininglawyerCarlosSaravia
COMMERCIALTERMSOFTHEPROPOSEDMERGER• ProposedMergerissubjecttoBVGraisingminimumof£500,000byJune30th2016• OnexerciseoftheOp1on,RdOwillown50%ofBVGsharesonissueavertheraisingoftheminimum£500,000.
VALLECITO–RIOdeORO’sKEYPROJECT• Interna1onalConsultantDr.R.H.SillitoeReport(Feb2016)concludes:TheVallecitobrecciasandassociatedgeochemicalanomalismareconsideredtoconsHtuteavalidhigh-sulphidaHonepithermalgoldtargetthatmeritsdrilltesHngatdepthsof100–200mbelowthebrecciaoutcrops.
ARGENTINAPostElec(on(October2015)ChangesInclude:• Ministerialrepresenta1onforMiningforthefirst1meinArgen1na’shistory• LivingofexporttaxonMinerals• Elimina1onofspecialminingtaxinSantaCruzProvince• LivingofForeignInvestmentrestric1ons• LivingofForeignCurrencyrestric1ons• FreefloatoftheArgen1nePeso• StreamliningofImportprocedures• SignificantprogressonreachingaseRlementonthecountriesSovereignDebt
TheResponse:• Standard&Poor’shastwiceitsraiseditsArgen1naRa1ng,nowrated‘Posi1ve’• Countryleaders&businessdelega1onsheadtoArgen1na:
Ø ItalianPrimeMinistervisitedinFebruary,2016;Ø FrenchPresidentundertookastatevisittoArgen1nainFebruary,2016;Ø USPresidentObamatomakeastatevisitinlateMarch,2016
ORO RIODE
ExploringTwoEmergingGoldDistrictsinArgen6na
March2016
RiodeOroS.A.–CompanyProfile• Argen1nabasedgoldandsilverfocusedexplora1oncompany
• Strategiclandholding(>100,000ha)intwoemergingpreciousmetalsdistricts,nearrecentgold&silverdiscoveries:Ø PedernalesDistrict:VallecitoandLosBayosHigh
sulfida1ontargetsanomalousgoldatsurface:Ø SomuncuraMassif(RioNegro):Caltraunawith
reportedposi1vedrillintercepts([email protected]/tAu)fromshallow1999drilling
• Seedfinancing300,000US$-Ø Explora1onstartedFebruary2015;Ø Fundingfor3,500mofdrillingsecured;Ø Drillingplanned2016-2017season.
• LOIsignedwithUK-based,ChilefocusedBuenaVistaGold–mergercon1ngentonBVGraisingUS$750k
ExploringTwoEmergingGoldDistrictsinArgen6na
SomuncuraMassif(RioNegro)
PedernalesGoldbelt(CatamarcaySalta)
ElIndio
AlturasVeladero
Pascua
SalaresNorte
Calcatreu
Navidad
Argen1naChile
LaCoipa
DeseadoMassifCerroNegro
CerroVanguardia
CerroMoro
CorporateInforma(on
ShareCapital Issued2,500(Founders80%)
SeedRoundUS$300,000February2015
Shareholders% ManagementandDirectors80% Argen1neInvestors* 20%*TheArgenHneaninvestorsmayacquireaddiHonal20%shareinterestinRiodeOro,bycompleHng3500mofdiamonddrilling
RegisteredOfficeRivadaviaN378,Salta(4400)–Argen1na
Contacts
GustavoRodriguez,[email protected]+5493513640844
[email protected]+541143284121
Vallecito
LosBayos
Patagonia–RioNegro
RDOArgconcessionscoverprincipalaltera(oncentres
SalaresNorte(3.1MozAu&34MozAg)
Elvira
LaFalda
PedernalesGoldBelt:AnEmergingGoldDistrict
Pircas
Vallecito
LosBayos
LaCoipa(>5MozAu&90MozAg)
Chimberos
25km
Vallecito&LosBayosMainRdOtargets
• Vallecito(9,600ha);
• LosBayos(9,200ha);
• High-sulphida1ontargets,similargeologicse|ngtoSalaresNorte;
• Significantgoldandpathfinderanomaliesinshallowlyerodedhighsulphida1onsystems;
• FieldvisitbyD.SillitoeinFeb.2016:“VallecitoandLosBayosareofhigh-sulphidaHonepithermaltypeandcloselyassociatedwithsizeablebodiesofhydrothermalbreccia,incommonwithmostdepositsofthistypeintheMaricungabeltandelsewhere.”
Vallecito&LosBayos,undrilledHStargetsVallecito LosBayos(Norte)
Vallecito-Breccia
Vallecito-Breccia
Bayos-VuggyqtzBayos-breccia
Bayos-breccia(Chalcedonyinfill)
MainHostrockunits(fromSEGEMAR)
Basal1cflows
Au-AgProspects
RdOconcessionsintheSomuncuraMassif(RioNegro)
RdOConcessions
Caltrauna
LagGeochemistryGold:5–115ppb(DL1ppb)
>1.7km
Caltrauna:HistoricPosi(veDrillIntercepts
Caltrauna
• High-sulphida1ongolddepositexplored1999-2005
• Posi1vedrillinterceptsfromscoutRCshallowdrilling:approx.2,900min30holes
• Bestintercept:[email protected]/tAu,[email protected]/tAu.
• Mineraliza1onrelatedtosiliceousvuggybodiescroppingoutoveranarea2x1km
• Poten1allyeconomicgoldintercepts(>50goldgrammetersperton)
• Posi1vemetallurgicaltestwork
• Excellentloca1onandaccess
500m
Patagonia–RioNegro,epithermalprospectsunderexplored
Vuggysilica-2.15g/tAu&10g/tAg
Caltrauna:Siliceousbeds-hostunit SantaTeresitaveinfield
Riodeoro1-vein SantaTeresita
• Op1onedfromAngloin2014,paymentstotallingUS$5.3Mover4yearswith2%NSR($75,000paid)
• JVwithEPG–aChileanfinancehousefundedbyChileangovernment
• JVprogrammeincluded5,711mdrillingin2campaigns(2014-2015)
• Atcloseof2015,EPGhadearneda60%interestintheJV• [email protected]/tAu(Dd12)
• However,significantwidespreadsilver,copperandzincintervalsincluded:[email protected]%Cu(RC16)[email protected]%Zn(RC20)[email protected]%Zn(RC21)-30m@42g/tAg(RC18)
• Althoughsub-economic,widespreadbasemetal&silverzoningmayindicatea‘mineralisedhalo’peripheraltoconcealedtarget
BuenaVistaGold,ElviraProject,Chile
[email protected]/[email protected]/tAu
RC18-30m@42g/tAg
Elvira
SofiaMedialuna Cerro
Negro
Vuggy-Breccia Alunite-qzaltera(on
ElviraProject,Chile
Diamond(13holes,3,025m)
RC(14holes,2,686m)
Concessionboundary500m
Zinclaggrid:120to500ppm
[email protected]/[email protected]%Cu
[email protected]/[email protected]/tAu
[email protected]%Cu30m@42g/tAg
RC15
RC22
RC16
RC18RC21
DD12
ElviraDrillHolesOverZincGridinLagSamples
RC18-30m@42g/tAg
RC24-10m@26g/tAg
Elvira–SchematicE-Wsectionshowinginterpretedzoning
CerroAguja,Vuggy-Silica
CerroAguja–100%owneduntestedHStarget
Anexcitingopportunitytobackprovenmine4indersinoneoftheworld’smostprospectivegoldregions
INVESTMENTOPPORTUNITY
• BVGsecuresexceptionalmergeropportunityfollowingArgentina’srecentpivotalpro-marketelectionresult
• RiodeOromergergivesBVGaccesstoaquality120,000Hapropertypackagewith2drillreadytargets
• VallecitoZlagshiptargetendorsedbyleadinggoldconsultantDr.RichardH.Sillitoe(Feb2016)
• BVGtoraiseapprox£1MbyMay2016
