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| TSX.V:SPD 2
Slide 3
SILVER PREDATOR CORP. | TSX.V:SPD 3 Corporate Overview Taylor
Silver Mine and Mill Existing 1,320 tpd gravity flotation mill
onsite Pre-stripped open pit silver resource; open to expansion
Current mineral resource estimate open to expansion of 1,143,000
tons at 2.10 oz/ton totaling 2,402,000 measured silver ounces,
7,751,000 tons of 1.86 oz/ton totaling 14,418,000 indicated silver
ounces and 1,716,000 tons of 2.30 oz/ton totaling 3,941,000
inferred silver ounces 2 Potential for discovery of previously
unrecognized Carlin-type gold system (See January 21, 2013 news
release for gold discovery description) New gold mineralization
discovered in 2014 drilling; Hole SPT66 returns 18.3 meters of 1.02
g/t gold from surface 3 Two key assets in Nevada: Springer Tungsten
Mine and Mill Existing tungsten mine and mill, originally operated
by General Electric (GE) (1982) PEA outlines a 47% after-tax IRR
with $29.8 MM capex including sustaining capital (1) 355,000
Indicated tons at an average grade of 0.537% containing 190,635
STU's of WO 3 and 1,933,620 Inferred tons at an average grade of
0.493% containing 952,326 STU's of WO 3 (1) Seeking a joint venture
partner Further potential for additional resources in immediate
area Springer Tungsten Mine and Mill
Slide 4
Directors and Officers SILVER PREDATOR CORP. | TSX.V:SPD 4
William M. Sheriff, MSc | Chairman Executive Chairman & CEO of
Till Capital Ltd., Chairman of EnCore Energy Corp. & Timberline
Resource Corp, Co-Chair of Golden Predator, and a Director of
Western Lithium Corporation Co-founder and Chairman of Energy
Metals Corporation, NYSE listed company sold to Uranium One for 1.8
billion dollars in 2007 Nathan A. Tewalt, BSc | Director Former
Chief Executive Officer of Silver Predator Corp. Former President
& CEO of Standard Uranium Inc., acquired by Energy Metals
Corporation; a Founder and CEO of several companies, including:
Great Basin Gold in 1997, Colombian Mines Corporation in 2006, and
Nevgold Resource Corp. in 2007. William B. Harris, BA, MBA |
Director Partner Solo Management Group, LLC, formerly served as CEO
of Hoechst Fibers Worldwide, Director of Till Capital Ltd. Piers
McDonald, OC | Director Former Yukon Premier (1996 to 2000),
founded and serves as Chairman of the Northern Vision Development
Corporation, Vice Chairman of the Canada Games Council, Director of
Northwestel Inc., Chairman of Yukon Energy Corp, Director of Till
Capital Ltd. Blair M. Shilleto| Director 35 years in the mining,
tunnelling and construction industry including project management
throughout North America. Director of Till Capital Ltd. Thomas H.
Chadwick, BSc, CPG | Vice President Exploration Over 30 years of
mineral exploration and mining experience; has been instrumental in
a number of discoveries Previously worked as an independent
consultant for clients including Placer Dome, Anglogold, Barrick
and Eurasian Minerals
Slide 5
SILVER PREDATOR CORP. | TSX.V:SPD 5 Capital Structure Market
Capitalization (@$0.025)* $2.8 mm Issues & Outstanding
Shares*99.0 mm Options *5.3 mm Warrants *0.5 mm Fully Diluted
Shares*102.9 mm Key Shareholders% Till Capital Ltd. 63.3% William
M. Sheriff 3.8% Nathan A. Tewalt 2.3% *As of February 13, 2015
Slide 6
Acquisition Terms (4) SILVER PREDATOR CORP. | TSX.V:SPD 6 SPD
acquired Springer Mining Company and Nevada Royalty Corp. whose
principal assets are the Springer Mine and Mill, Taylor Mill with
water rights and several other properties located primarily in
Nevada Additional projects acquired include the Modoc, Tempo and
Copper King Tungsten properties SPD issued Till Capital Ltd. US
$500,000 in shares as the initial payment under the purchase
agreement followed by a convertible promissory note for $4,500,000
bearing interest at 4% Promissory note payable over a period of
three years payable in cash or shares at SPDs election $1.0 MM in
Year 1 $1.5 MM in Year 2 $2.0 MM in Year 3 SPD issued royalty
interest on current properties and properties being acquired
Slide 7
Nevada Nevada The Silver State A preferred mining jurisdiction:
Established mineral tenure and permitting procedures Politically
stable Established infrastructure Proven mineral potential
Established silver, gold and tungsten districts SILVER PREDATOR
CORP. | TSX.V:SPD 7
Slide 8
Springer Mine and Mill SILVER PREDATOR CORP. | TSX.V:SPD 8
Project Past producer, scheelite concentrate APT Property Size
6,400 acres, including claims and fee lands Commodity Tungsten (W)
with by-product Molybdenum (Mo) potential Target Tungsten rich
skarn horizons Location Nevada, USA Status Permitted and
refurbished to achieve production and cash flow within 12 months of
funding
Slide 9
Springer Mine and Mill SILVER PREDATOR CORP. | TSX.V:SPD 9 A
PEA has demonstrated strong economics with most mill related
capital costs already incurred The US only tungsten smelter is
located in nearby Fallon, NV, operated by Kennametal Inc.
Kennametal identified scheelite concentrate from Springer as
desirable premium feed source (5) Smelting process most efficient
with high grade scheelite concentrate Opportunities to leverage
existing infrastructure for a ~200 tpd gold circuit; most capital
equipment on site Mineral Resource Estimate (1) Resource
CategoryCut-Off GradeCut-Off
GradeResourceResourceGradeGradeContained Tungsten Units WO3WO3
TonsTons WO3WO3 STU'sSTU'sMTU'sMTU's Indicated Total Sutton
only0.20%355,0000.537%190,635172,990 Inferred (All Zones) Sutton
Zone0.20%1,616,0000.459%741,744673,089 George
Zone0.20%143,9500.423%60,86355,230 O'Byrne
Zone0.20%173,6700.862%149,719135,861 Total
Inferred0.20%1,933,6200.493%952,326864,180 Tungsten Gold Milling
Circuit
Slide 10
Springer Mine and Mill SILVER PREDATOR CORP. | TSX.V:SPD 10
Seeking joint venture partner 2012 resource estimate outlines high
grade resources adjacent to mill Existing 1,360 ft vertical shaft
connected to +4 miles of underground development Tier 1 deposit
grading over 0.4% WO 3 ; weighted average grade of all world-wide
non-Chinese deposits is 0.11% WO 3 (6) 43,891 meters of drilling by
General Electric Corp. (GE) from 1973-1978 and EMC from 2007-2008
(1) Shallow drilling; avg. down-hole depth of ~116 meters Mine
& Mill built by GE, operated for 6-8 months (1982) located
between the mining communities of Winnemucca and Lovelock Nevada,
USA; excellent access adjacent to Interstate 80 and rail Held by GE
until 2006 with no exploration from 1978-2006 ~$38 MM spent on
modern refurbishments and exploration since 2007 (1)
Slide 11
Springer Mine & Mill - Opportunities SILVER PREDATOR CORP.
| TSX.V:SPD 11 PEA outlines a 47% IRR with $29.8 MM capital
investment in restarting operations (1) ~$89 MM in EBITDA over 5
years (1) Major resource expansion potential based on historic
resources* 1984 GE historic estimate is much larger than current
mineral resource (7) Sutton Zone was 2x larger George Zone was 14x
larger Historic estimate of Stank, Humboldt and Mill Zones totaling
4.5 Mt of 0.45% WO 3 1984 GE/Utah International Historic Estimate
(Diluted) (7) * All Confidence LevelsCut-Off GradeCut-Off
GradeResourceResourceGradeGradeContained Tungsten Units WO3WO3
TonsTons WO3WO3 STU'sSTU'sMTU'sMTU's Sutton Zones0.20%
4,412,5690.424%1,871,9781,681,036 Stank Mine Zone0.20%
1,000,0000.712% 712,500 639,825 Humboldt Zone0.20% 610,0000.763%
465,500 418,019 George Zone0.20%1,783,0000.502%896,550 805,101 Mill
Zone0.20%2,916,0000.300%874,800 785,570 Total Historic
Estimate0.20% 10,721,5690.449%4,821,3284,329,551 *A qualified
person has not done sufficient work to classify the historical
estimate as current mineral resources or mineral reserves. The
Company has not completed sufficient work to verify these resource
and is not treating them as current resources. The property does
not have established reserves.
Slide 12
Taylor Project, Nevada SILVER PREDATOR CORP. | TSX.V:SPD 12
Project Past silver producer Property Size 2,166 acres, including
unpatented claims and privately owned patented claims Commodity
Silver (Ag) and Gold (Au) Target Carlin-style Gold and Silver
Location Eastern Nevada, USA; 17 miles from Ely Status Silver
resource updated in 2013; new sediment-hosted gold mineralization
discovered
Slide 13
Taylor Project, Nevada Open pit & mill operated from
1981-84; expanded mill and flotation circuit operated from 1989-91
and remains largely intact Excellent infrastructure and highway
access, 24 km southeast of Ely, Nevada Patented and unpatented
claim block and past producing mining site ease permitting SILVER
PREDATOR CORP. | TSX.V:SPD 13 Taylor Project Resource Estimate (2)
Tons (1,000)Silver (oz/t)Contained Silver Ozs (1,000)
Measured1,1432.102,402 Indicated7,7511.8614,418 M+I8,8941.8916,820
Inferred1,7162.303,941
Slide 14
Taylor Project, Nevada SILVER PREDATOR CORP. | TSX.V:SPD 14
Epithermal, high-silica, low sulfide replacement deposit in
Devonian-age carbonate rocks Updated resource completed Q1 2013 (2)
2012 mapping and soil sampling have opened up district for new
gold/silver discoveries Soil samples indicate newly recognized gold
dominant Enterprise Area (south) has significant gold-silver
footprint at surface (8) Initial drilling at new target areas
discovered sediment-hosted gold mineralization
Slide 15
Previously Unknown Gold Mineralization at Taylor SILVER
PREDATOR CORP. | TSX.V:SPD 15 2012-2013 mapping and sampling
provided first indication that the Taylor Project shows significant
potential to become a new gold district on southern projection of
the Carlin Trend Gold grades found at surface exceeded expectations
Strong correlation with Carlin-type pathfinder elements
(Ag-As-Sb-Hg-Tl) 5 soil samples over 1.0 g/t Au, including 1.3, 1.5
and 1.7 g/t Au (8) 126 soil samples (11%) over 0.20 g/t Au and 224
samples (19%) over 0.10 g/t Au (8) Recent drilling intercepted 18.3
meters of 1.02 g/t from surface at the Antimony Area (3) Favorable
stratigraphy for Carlin gold system
Slide 16
Expandable Silver Resource Potential Large Ag Soil Anomaly
SILVER PREDATOR CORP. | TSX.V:SPD 16 Completed 1,166 sample soil
grid with multi- element geochemistry, including gold & silver
Excellent correlation between key geologic features and silver
anomalies 17 soil samples above 5.0 g/t Ag with highs of 14.8,
15.4, 22.5, and 58.0 g/t Ag (8) 23% of the samples over 1.0 g/t Ag
(8 ) Mineralized footprint of the Enterprise Area is larger than
the current resource area
Slide 17
New Carlin-Style Targets: Taylor Project, Nevada SILVER
PREDATOR CORP. | TSX.V:SPD 17 *The above illustration is based on
the Companys geological interpretation
Slide 18
610 acres surrounded by patented claims of Hecla, et al. Road
accessible lying 3 miles north of Interstate 90, the Lucky Friday
silver mine and Mullan Idaho Idaho is the United States largest
silver producer Near surface vein targets exist in addition to
drill intercepted bedded copper-silver mineralization in the Revett
Formation; the Revett Formation hosts the adjacent Lucky Friday
silver mine and is historically the best ore host in the district
Multiple drill targets exist including bedded copper-silver and
high grade silver-lead-zinc veins Copper King / Sonora Silver,
Idaho Silver Predators Sonora Silver Project (bedded vein targets)
Heclas Lucky Friday Mine (vein silver + lead/zinc) Heclas Gold
Hunter (vein silver + lead/zinc) New expansion of Lucky Friday Mine
SILVER PREDATOR CORP. | TSX.V:SPD 18
Slide 19
385 ha property in northern Nevada Discovery of high grade
silver in 1873; produced 762,000 oz of silver and 13,400 oz of gold
at calculated grades of 24.6 oz/t silver and 0.43 oz/t gold (9)
Epithermal veins hosting silver with increasing gold near the Ruby
fault Bi-modal volcanic sequence overlies Paleozoic meta-sediments
analogous to the nearby Hollister Mine High Grade Discovery
Potential: Cornucopia, Nevada Historic Drilling at Cornucopia (10)
Drill HoleFrom (ft)To (ft)Length (ft)TRUE Width (ft)*Silver
(oz/t)Silver (g/t) CD-166213169.064.82.4283.1
CD-1723533027.28.23282 Including23432018.111.92408.7
CD-18189173.030.86.60226.1 CR-20100100.034.27.31250.5 * True widths
are approximate and based upon interpretation of the mineralizing
controls as currently understood. CD drill holes are core and CR
holes are rotary. SILVER PREDATOR CORP. | TSX.V:SPD 19
Slide 20
Major Objectives and Projected Completion Dates SILVER PREDATOR
CORP. | TSX.V:SPD 20 Springer Mine and Mill 2014-15: Obtain a joint
venture partner with the goal of putting the mine and mill back
into production Taylor Project 2014-15: Obtain a joint venture
partner to aggressively explore for discovery of Carlin-type gold
system Sell the current mill for future replacement with a larger
more efficient mill
Slide 21
Investment Highlights SILVER PREDATOR CORP. | TSX.V:SPD 21
Seeking joint venture partner with ability to advance Springer Mine
and Mill into production 2012 PEA outlines a 47% after-tax IRR with
$29.8 MM CAPEX including sustaining capital (1) Seeking qualified
joint venture partner to aggressively explore for discovery of
Carlin-type gold system at Taylor and increase the current silver
resource Recently identified gold system confirmed through initial
drilling Existing current silver resource open to expansion
Springer Mineral Resource Estimate (1) Resource CategoryCut-Off
GradeCut-Off GradeResourceResourceGradeGradeContained Tungsten
Units WO3WO3 TonsTons WO3WO3 STU'sSTU'sMTU'sMTU's Indicated Total
Sutton only0.20%355,0000.537%190,635172,990 Inferred (All Zones)
Sutton Zone0.20%1,616,0000.459%741,744673,089 George
Zone0.20%143,9500.423%60,86355,230 O'Byrne
Zone0.20%173,6700.862%149,719135,861 Total
Inferred0.20%1,933,6200.493%952,326864,180 Taylor Project Resource
Estimate (2) Tons (1,000)Silver (oz/t)Contained Silver Ozs (1,000)
Measured1,1432.102,402 Indicated7,7511.8614,418 M+I8,8941.8916,820
Inferred1,7162.303,941
Slide 22
(1)NI 43-101 Technical Report; Preliminary Economic Assessment
of the Springer Tungsten Mine Pershing County, Nevada, by DMT
Geosciences Ltd. Dated August 20, 2012 filed on SEDAR. (2)NI 43-101
Technical Report; NI 43-101 of the Taylor Silver Project, White
Pine County, Nevada, USA by Thomas H. Chadwick, Dean D. Turner, and
Patrick J. Hollenbeck dated March 18, 2013 filed on SEDAR.
(3)Silver Predator News Release date June 17, 2014. (4)Letter
Agreement between Silver Predator Corp. and Americas Bullion
Royalty Corp. dated December 17, 2013 and filed on SEDAR. (5)EMC
Metals News Release dated May 13, 2008. The synthetic scheelite
sold to Kennametal was produced by GE in 1982 as a by product of
molybdenum precipitation and removal from their production circuit.
The synthetic scheelite produced by GE contains 77.8% WO3 and is
considered a high-quality product by modern standards. (6)Based on
the weighted average of non-Chinese deposits. Deposit data obtained
from Intierra Resource Intelligences proprietary database by
searching for all tungsten deposits located outside of China and
prepared in accordance with National Instrument 43-101. Silver
Predator Corp. makes no representation of its accuracy, but
believes it to be relevant for illustrative purposes. (7)1984
GE/Utah International Historic Resource, Internal Document.
(8)Silver Predator News Release dated January 21, 2013.
(9)Buchanan, L.J., 1981, Precious metal deposits associated with
volcanic environments in the southwest, Arizona Geol. Soc. Digest,
Vol. 14, p. 237-262 (10) Homestake Mining drill logs; all CD and CR
holes drilled between 1976-1978 Endnotes SILVER PREDATOR CORP. |
TSX.V:SPD 22
Slide 23
Silver Predator Corp. | TSX.V:SPD 34 King Street West, Suite
1200 Toronto, Ontario M5C 2X8 Investor Relations T: 208-635-5415 |
F: 208-635-5465 E: [email protected]@silverpredator.com
www.silverpredator.com