Presentation is loading. Please wait.

Presentation is loading. Please wait.

Camex invests in mining exploration and development projects in Canada and Mexico Camex is a lead strategic mining investment of Palos Merchant Bank. Camex.

Similar presentations


Presentation on theme: "Camex invests in mining exploration and development projects in Canada and Mexico Camex is a lead strategic mining investment of Palos Merchant Bank. Camex."— Presentation transcript:

1 Camex invests in mining exploration and development projects in Canada and Mexico Camex is a lead strategic mining investment of Palos Merchant Bank. Camex presently has four investments: Samalayuca Meus VVC Exploration Hard-Rock Minerals

2 Mission To Create Economic Value for Shareholders while: Treating Employees with Fairness and Respect Acting Responsibly Toward the Environment Striving to Make the Communities where We Live and Work, Better Places.

3 Three Reasons Camex is Likely to Succeed 1.Properties: Camex has access to two properties that are highly unusual for a Junior company — Samalayuca and Cumeral. 2.Team: the Camex team is unusual in the depth of experience and expertise over the wide range of issues that are required for a company to succeed in today’s environment. 3.Strategy: Camex has a well thought out strategy that takes advantage of its assets (particularly Samalayuca and Cumeral) in a methodical yet timely manner.

4 Strategy Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production Camex Strategy is to create a diversified portfolio of mining investments in Northern Mexico and Canada Camex investments are diversified by type of metal and by placement in the “Mine Exploration/ Exploitation Triangle”

5 Strategy Camex invests in properties: Where a pilot mine is probable and inexpensive That are potential for open pit, heap leach, electrowinning or other inexpensive recovery Located in Northern Mexico with easy access and convenient to each other Utilizing cash flow from pilot mines Focus on Properties which can: Create positive project cash flow in 36 months or less Fits the Camex portfolio of projects spread over the Exploration/Exploitation Triangle life Add to the balance between Copper, Gold and Silver Potentially be a Company Game Changer

6 Properties Samalayuca Samalayuca is a Mexican mining/exploration company based in Chihuahua, Mexico. Samalayuca owns the Kaity claim, a 1623 hectare copper/gold property in Chihuahua. Samalayuca is filing claims on unclaimed property near the Kaity claim (Kaity II). Camex owns 33.75% of Samalayuca but is completing the purchase of additional shares to bring its ownership to 75%. Firex, a mining engineering company owns the other 25% Meus Mexican mining/exploration company based in Sonora, Mexico, 100% Camex owned Meus owns Escondida a silver, copper, zinc property in Sonora, Mexico Meus has an option on a second property, potentially a copper, silver gold porphyry VVC Exploration Canadian company with 2 Mexican gold properties and 2 Canadian gold properties. Camex owns 12% of VVC shares and warrants for an addition 12% Palos Merchant Bank owns 6.5% of VVC shares with warrants for and additional 6.5% Hard-Rock Minerals Canadian Exploration/Development company 30% owned by Camex Hard-Rock owns 2 gold properties in the north of Sinaloa, Mexico.

7 Team Sponsoring entity Palos Merchant Bank Founding Investor Group less than 50 investors (many affiliated with PMB) President Jim Culver VP of Exploration and General Manager Mexico Andre St.-Michel Chief Geologist Michel Gauthier, PhD Geo Senior Field Geologist Jocelyn Pellitier, Geo Advisory team Hubert Marleu Michel Boily Phd, P. Jorge Mendisabal Juan Guerrura

8 Management James (Jim) Culver, PhD. Dr. Culver has spent his career working in the field of commodities, mine and international trade finance, in government, academia, and private sector. He served as Manager of the Commodity and Asset based lending division of Maple Financial Group, Director of IIG managing a commodity trade finance fund, President of Gerald, Inc, a subsidiary of Gerald Metals, a commodity brokerage and risk management firm, and over a decade managing Base and Precious Metals Trading, Commodity Finance, Commodity Institutional Brokerage, and Commodity Research, at Merrill Lynch in New York and London, Chief Economist and Director of the Economics and Education Division for the Commodity Futures Trading Commodity Futures Trading Commission (CFTC) and for five years on the staff of the Committee on Agriculture of the U.S. House of Representatives, the last three years as Chief Economist. Andre St. Michel Geo. Vice President of Exploration for Camex, has managed mines, built and managed companies from scratch in various countries (Brazil, Mexico, Canada, US. He has spent the past ten years in Northern Mexico and has connections within the community and politically (important for permits..etc) that are vital to the success of Camex and creating shareholder value. Fluency in English, French & Spanish. He should mention his education (masters' degree, highlight a couple professional jobs/positions). His ability on the ground and knowledge of both the business and geology are unique. Michel Gauthier, Geo. PhD, Camex Chief Geologist qualified as an engineering geologist and has taught at UQAM since 1981, helping to train hundreds of geologists and transmitting an original and modern view of Québec’s mining sector. He has helped advance knowledge of metallurgy in the Grenville, Estrie, Beauce, Abitibi and James Bay regions, and has taught as a guest professor in Chile, Brazil, Belgium and Australia, besides working as a consultant for many different mining companies and governments. Michel Gauthier remains a keen prospector and spends several weeks each year in the field, and is widely respected by his peers as a geology expert.

9 Board James (Jim ) Culver, PhD. Dr. Culver has spent his career working in the fields of commodities, mine and international trade finance, in government, academia, and private sector. He served as Manager of the Commodity and Asset based lending division of Maple Financial Group, Director of IIG managing a commodity trade finance fund, President of Gerald, Inc, a subsidiary of Gerald Metals, a commodity brokerage and risk management firm, and over a decade managing Base and Precious Metals Trading, Commodity Finance, Commodity Institutional Brokerage, and Commodity Research, at Merrill Lynch in New York and London, Chief Economist and Director of the Economics and Education Division for the Commodity Futures Trading Commodity Futures Trading Commission (CFTC) and for five years on the staff of the Committee on Agriculture of the U.S. House of Representatives, the last three years as Chief Economist. Cameron McDonald MBA Managing Director, Palos Merchant Bank. Mr. Cameron McDonald is a Partner at Atwater Financial Group, a company specializing in financial advisory work including mergers and acquisitions. A former member of Canaccord Adams' investment banking team in Montreal, Cameron focused on financing emerging growth companies and public listings on the TSX, TSXV and AIM exchange. Prior to joining Canaccord, Cameron worked with a private merchant bank in Montreal, and before that the Business Development Bank of Canada. Cameron holds a Bachelor of Science from the University of Alberta, a Bachelor of Arts in Business Administration from Washington State University and an MBA from McGill University. Noah Billick B.C.L./LL.B, MBA. Vice President, Legal Affairs. Mr. Noah Billick is responsible for the legal affairs for all business units. Noah is also a managing Director of the Palos Merchant Bank L.P. Prior to Palos, Noah worked at Fasken Martineau DuMoulin LLP, where he was an associate in the firm’s Litigation and Dispute Resolution Department specializing in securities litigation and general commercial litigation. Prior to law school, Noah worked in the institutional and retail investment industry at a large bank-owned brokerage in Montréal. Noah holds a Bachelor of Arts from Bard College in New York, and a Bachelor of Civil Law, a Bachelor of Laws (common law) and an MBA (finance concentration) from McGill University. At McGill, Noah graduated with distinction and was awarded the I.M.E. Prize in Commercial Law for being the member of the graduating class having the highest standing in Commercial Law throughout the program. Noah was president of McGill's Post-Graduate Students' Society, and he served on the University's Board of Governors and the Board's Executive Committee. Noah also serves on the Board of Directors of several public and private Canadian companies and not-for-profit organizations.

10 Advisors Hubert Marleau is a Portfolio Manager and Co-Founder of Palos Management. With over 30 years of experience in the business and financial community, Hubert has raised funds privately and publicly for hundreds of emerging and mature companies, structured many mergers and acquisitions as well as designed and created numerous financial deals in Canada. Hubert has worked at the senior executive level of several large investment banks notably, Nesbitt Thomson Inc., Levesque Beaubien Inc. and Marleau, Lemire Inc. During his career, Hubert was a governor of the Toronto Stock Exchange, the Montreal Stock Exchange, and the Vancouver Stock Exchange, a director of the Investment Dealer Association of Canada and Board member for a multitude of publicly traded companies. Hubert graduated from the University of Ottawa with an Honours Bachelor of Science in Economics and holds a Master's Degree in Economics from the University of Chicago Jorge Mendizabal Advisor to the Board is the Founder and Managing Partner of Firex SA a Mining Technology, Consulting and Contracting firm in San Luis Potosi, Mexico. Michel Boily, M.Sc., Ph.D. P. Geo., Technical Consultant Geology. Mr. Boily is an expert in geochemical analysis, metallogeny and interpretation of precious and rare metal deposits. He has technical expertise in a comprehensive suite of geoanalytical techniques, including X-ray fluorescence, mass spectrometry and ICP-MS. He holds a Master and a Ph.D. in Geology (Geochemistry) from the University of Montréal. Since 1984, Michel has been the lead author of widely cited publications, technical reports and international scientific journals. He also participated as a geochemist, in the overall recent studies by the Ministry of Natural Resources of Quebec (MRNQ) of the James Bay and Far North areas of the Province of Quebec. He has also been acting as a consultant for several mining companies including Inmet Mining, Abitibi Lithium, Aldershot Resources Ltd, Ressources d’Arianne; Maya Gold and Silver, Starfire Minerals, Pacific Arc Resources and Ontrack Exploration. He is currently the president of Géon Ltd. in Montreal.

11 Status January 1, 2012 Camex anticipates becoming a public company 2012 either through an IPO or an RTO. January 1, 2012 cash on hand $775,000 Samalayuca Pilot Copper Mine scheduled to commence operation in Q3 or Q4 of Financing and mining plan in place Escondida exploration to determine the feasibility of a Pilot Mine during 2012 VVC Cumeral Pilot Gold Mine anticipated in 2013/2014 Hard-Rock seeking to start processing ore in 2012

12 Mexican Properties Samalayuca Cumeral La Tuna Copper Creek La Escondida

13 Samalayuca Stratiform sedimentary copper deposit with significant gold and silver located 60 K South and West of El Paso Texas in Chihuahua, Mexico Kaity Claim 10k long and 3k wide covering 1623 hectares 5 Mineralization zones identified so far Property explored and artinisal mined since 1050’s 34 open pits where geology is readily examined with speculative inferred resource of 38 million pounds of copper on approximately 10% of the area and to a depth of only 40 meters Pursing unclaimed property adjacent to Kaity with indications of mineralization continuation State of Chihuahua agreed to provide and pay for electricity to the property Firex—a Mexican Mining Engineering and Contracting firm and 25% owner of Samalayuca will provide $7,000,000 capital for the startup of the pilot mine

14 Samalayuca Position Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production

15 Samalayuca Principal Mineralized Zones

16 Historical Exploration & Mining Work Samalayuca 1950’s-1970’s Artisanal mining activities in Concha, Gloria, Juliana, Zorra, Trinidad, Suerte open pits. Hand sorted and shipping of ore material to Asarco Smelter in El Paso 1965: Minera Fresnillo Cie (Peneoles) 5 drill holes for a total of 854m in the Gloria pits area. 1967: Pemex Exploration Activities: Detail mapping activities. 1969: Master Thesis of Edgar L. Berg for University of Texas at Austin Geological studies and mapping activities. 1970: Earth Resources 2 rotary drill holes : MXUS Mapping and sampling activities. Drilling Activities: - 51 air track holes in Concha pits area. - 4 reverse circulation drill holes in Concha area. - 2 core drill holes in Gloria area. 1993: Master Thesis of Craig Benjamin Bruno for B.A. Queen College, New York Exploration Activities: Geological Studies and Mapping activities :Phelps Dodge Explored Samalayuca looking for a sedimentary deposit. Early work was very positive, but the project was abandoned in 1998 when Phelps Dodge was sold.

17 April 2011 Samalayuca Copper Mineralisation Model 3 Principal Types of Possible Mineralisation

18 Samalayuca Supergene Enrichment Supergene (black zone) Enrichment is late geological phenomenon due to meteoritisation, where the original mineralisation is transfomed and remobilised lower in the host rock. Meteoric waters intrude along porosity and structural weak planes to attack original minerals, such as sulfides to transformed them into secondary minerals, such as hydroxydes- oxydes-carbonates). Secondary minerals are remobilised and concentrate along fault and fracture zone. Possibility of copper enrichment by circulation of copper ion (Cu++) absorbed by sulfides all along the descent. Geochemical change is more intense in reduced oxidation conditions. Supergene copper content over 2%

19 Cu + Samalayuca Supergene Copper Enrichment Interpretation

20 Meus Exploration Meus de Mexico, S.A, (Meus) a 100% Camex Owned Mexican Company with properties: Escondida Located in Northern Sonora State of Mexico 70 K from Arizona border, 140 K from Tuscon Contains significant silver with gold, copper and lead Surface samples contained more than 100 ounces of silver per ton in progress—expected by end Q1 of 2012 Additional Project under consideration 50 K from La Escondida is under option A gold, silver, copper project with a breccia pipe that strongly suggests a large porphyry deposit at depth

21 Escondida Escondida project is located in Central Sonora, Mexico, 140 K south of Tucson Arizona. Property covers 178 hectares with three major mineralization structures. Initial exploration campaign was begun in July 2011, with 116 samples taken as the mapping of the property was completed. The property show very interesting high grade values of silver, and considerable values of gold—12 samples had more than 300 grams of silver per ton and 7 had over 0.5 grams of gold per ton. An initial is in progress with expected completion in Q1 of 2012.

22 Escondida Position on the Camex Triangle Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production

23 Escondida Orogenic Gold-Silver Deposit

24 Historical Exploration & Mining Work Escondida Copper discovered in region in 1660 Carlin type deposits in area mined including gold at Santa Gertrudis and gold/silver at Las Chispas Known gold/silver quartz mineralizations close to Escondida include: Guijas—200 m north Renegada—6.4 km SSW San Vicente—11.6 km SSW Las Flores—16.5 km SW La Soledad—14.7 km NW El Otate—17.6 km NNW Merceded—24 km NE Unknown Substantial artisanal mining of gold and silver evidenced by small pits, mine dumps and stockpiles 2009: Mexican Company Prospection and channel chip sampling (170 samples) with values up 1.85 g/t Au over 1.2 meters wide 2011:Meus 116 rock chips, block and grab samples with values reaching: 300 oz per ton silver 3.99 grams per ton gold

25 Escondida Epizonal Au-Ag-Sb Deposit Jamesonite (Pb 4 FeSb 6 S 14 )--Lead mineralization at Escondida indicates characteristic Au-Sb epizonal orogenic metallic association

26 Second type of mineralization target in Escondida: Gold-bearing quartz veinlets stockwork in competent gabbro Escondida

27 VVC Exploration Inc. (VVC) is a Canadian Public Company (TSX.V) Camex owns nearly 10% of VVC shares plus warrants equivalent to another 10% of VVC shares Palos Merchant Bank owns 6.5% of VVC shares plus warrants VVC has four projects Cumeral in Northern Sonora, Mexico La Tuna in Northern Sinaloa, Mexico Timmons Township project Ontario, Canada Beauce-Bellechasse Gold Property in Quebec, Canada

28 Cumeral Property covers 6,649 hectares in the State of Sonora, Mexico—140K from Tucson Arizona. Located on the Sierra Madre Occidental in the Sonora Desert at approximately 900 meters elevation. Surface sampling and air track drilling in four zones show the presence of Gold, Silver and Copper. Total mineralization zone at least 3.6 K long. Based on the mineralization the property has the potential for significant deposits of gold and copper. Mineralization similar to Heradura Mine in Sonora Mexico

29 Cumeral Position on the Camex Triangle Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production

30 Cumeral Claims Map

31 Detachment fault Metamorphic rock Cumeral San Francisco mine Lluvia de Oro mine Cumeral Location and Mineralization Model Relative to Existing Mines

32 La Tuna Property covers 3,533 hectares in the State of Sinaloa, Mexico Located in the Alamos Municipality Three Ore Bodies exist in the La Tuna Claim A gold vein that could be mined by open pit method Baboyahui Gold Placer Porphyry Copper ore body not yet explored Surface sampling and grab samples in the Baboyahui structure operated in the 1940’s show results as high as gram gold per ton of ore. The mineralization of the property and limited vein sampling by a Australian company during the period of 1987 to 1991 suggest the potential for deposits of as much as 500,000 ounces of Gold and an undetermined amount of Copper.

33 La Tuna Position on the Camex Triangle Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production

34 Timmons Township Property located 48 K east-southeast of the City of Timmons. Prime target for base metals exploration Strong airborne electromagnetic responses with a complex magnetic system Property covers a northwest trending zone of strong airborne electromagnetic responses. Initial program comprising line cutting and detailed geophysical surveys was carried out in Encouraging drilling targets have been identified. Follow up work deferred as resources are concentrated in Mexico Enero 2010

35 Timmons Position on the Camex Triangle Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production

36 Beauce-Bellechasse Property consists of 250 claims on 13,500 hectares in the Beauce area of Quebec, 70 km SE of Quebec City Prime target for gold exploration Area is known for its chromite and copper deposits and gold placers Follow up work deferred as resources are concentrated in Mexico Enero 2010

37 Beauce-Bellechasse Position on the Camex Triangle Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production

38 Hard-Rock Minerals Hard-Rock Mineral Developments Inc. is a private Canadian Mining/exploration and development company that is focused on a project that could lead to gold, silver, copper and zinc production in short time frames. Hard-Rock owns Mineral Copper Creek S.A. de C.V., a Mexican mining company that owns mining properties in Ayutla, Jalisco Mexico. Camex owns 30% of Hard-Rock Minerals

39 Copper Creek The property contains 4 existing, non-operating mines with near surface minerals that could be surface mined. Initial sampling and historical data from these mines indicate 350,000 to 500,000 tons of ore containing gold, silver and copper. In addition there is a significant ore dump, tailings pile and a 50 ton per day mill that could be renovated into use at a 200 ton per day capacity. Estimated production in less than 12 months. Hard-Rock is pursuing a JV with a local engineering company to process the ore dump and tailings pile Enero 2010

40 Copper Creek Position on the Camex Triangle Project Acquisition/Surface Evaluation Exploration/Drilling Stage Definition Drilling First Resource Calculation Pre-feasibility Drilling Resource Evaluation Pilot Mine Feasibility Proven Reserves Production

41 What’s Next Complete RTO or IPO Start the pilot mine in Samalayuca and extend exploration over the claim Complete the evaluation of Escondida Continue to build the Management Team Evaluate additional potential properties

42


Download ppt "Camex invests in mining exploration and development projects in Canada and Mexico Camex is a lead strategic mining investment of Palos Merchant Bank. Camex."

Similar presentations


Ads by Google