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Cautionary Note • These presentation materials ( the Presentation Materials ) are being supplied to you for information purposes only on Gunpoint
Exploration Limited ( Gunpoint , the Company ). These Presentation Materials have been prepared by and are the sole responsibility of Gunpoint. The Company have taken all reasonable care to ensure that the facts stated herein are true to the best of their knowledge, information and belief.
• These Presentation Materials are being distributed only to and are directed at (a) persons who have professional experience in matters relating to investments being investment professionals as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (the FPO ), (b) high net worth companies, unincorporated associations and other bodies within the meaning of Article 49 of the FPO or (c) persons to whom it may otherwise lawfully be communicated (together Relevant Persons ). Any person who is not a Relevant Person or who does not have professional experience in the matters relating to investments should not act or rely on this document or any of its contents.
• These Presentation Materials do not constitute, or form part of, a prospectus relating to the Company, nor do they constitute or contain any invitation or offer to any person to underwrite, subscribe for, otherwise acquire, or dispose of any shares in the Company or advise persons to do so in any jurisdiction, nor shall it, or any part of it, form the basis of or be relied on in any connection with any contract. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this document or on its completeness and no liability whatsoever is accepted for any loss howsoever arising from any use of this document or its contents otherwise in connection therewith. Prospective investors are encouraged to obtain separate and independent verification of information and opinions contained in the Presentation Materials as part of their own due diligence.
• By accepting these Presentation Materials, the Recipient agrees that the information contained herein or sent herewith or made available is for information purposes only. Without prejudice to the foregoing, neither the Company, nor its advisers nor its representatives accept liability whatsoever for any loss howsoever arising, directly or indirectly, from use of this document or its contents or otherwise arising in connection therewith.
• The distribution of these Presentation Materials in certain jurisdictions may be restricted by law and persons into whose possession these Presentation Materials come should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdictions.
• Some statements contained in these Presentation Materials or in documents referred to therein are or may be forward-looking statements. Actual results may differ from those expressed in such statements, depending on a variety of factors. Past performance of the Company or its shares cannot be relied on as a guide to future performance. Any forward-looking information contained in these Presentation Materials has been prepared on the basis of a number of assumptions which may prove to be incorrect, and accordingly, actual results may vary.
Management and Directors
P. Randy Reifel, Chairman President – Chesapeake Gold Corp., Director Goldcorp Inc.
Ian D. Robertson, Director & Legal Council Former senior partner Lang Michener
Former President Ivanhoe Mines Ltd.
Gerald L. Sneddon, Director Executive VP Operations – Chesapeake Gold Corp., Mining engineer 35 years experience
Capital Structure
TSX Venture Symbol GUN
Market capitalization (basic) $10 million
• Convertible debenture 750,000 shares @ $.80 expires March 2014• Convertible debenture warrants 468,750 @ $1,00 expires March 2014• options with a weighted average exercise price of $0.60
Major Shareholders Management and insiders 5%
Chesapeake Gold Corp. 80%
GUNPOINT - Corporate
Share price $0.21 E. Max Baker Ph.D., President & Director Former chief geologist – Newcrest Mining & MIM Holdings Ltd.
Share price (52 week range) $0.56 - $.21
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Paul Robertson, Chief Financial Officer Basic shares outstanding 43,001,660 Chartered Accountant, former CFO Grayd Resources Inc. Fully Diluted shares outstanding¹ 44,035,259
Daniel J. Kunz, Director Treasury funds $0.5 M Director – Chesapeake Gold Corp., 1. Outstanding shares
GUNPOINT - Projects
Talapoosa Gold Project (Nevada) • NI 43-101 Measured + Indicated Resource = 1Mozs Au, 13 Mozs Ag @1.11Au/15Ag
((includes: Oxide 163,000 ozs @1.23 g/t Au)) Inferred Resource = 234K ozs Au, 2.2 Mozs Ag @ 0.7Au/7Ag
• Potential to Increase: - Grade and Size of Current Resource - Along-strike Extensions to Resource - Regional Exploration - Appaloosa Structure 7km long, up to 60g/t Au grab
samples, “The Next Comstock Lode?”.
El Escorpion Silver Project (Guatemala) • Potential strike extension to Tahoe Resource Inc.’s Escobal Project. La Gitana Gold Project (Oaxaca State, Mexico) • Existing geological resource drilled by Chesapeake with potential for +600,000 ozs Au.
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GUNPOINT - Project Locations
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TALAPOOSA - Location and Tenements
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TALAPOOSA - Exploration History
TALAPOOSA - Historic Drilling
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TALAPOOSA - Exploration by Gunpoint
TALAPOOSA - Geological Setting, Mapping in 2010
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TALAPOOSA - Exploration Geophysics 2010
TALAPOOSA - 2011 Drill Results
• Average grade of +50m wide intercepts through Bear Creek
Mineralization range from 1.2 to 1.8 g/t gold-silver equivalent
• The grade of intercepts across the ore-zone is typically lower in the
historic drill data due to:
- Drilling inclined holes, (the majority of historic drilling is vertical), enabled modeling of steeply dipping vein zones vs gently dipping diffused zone of stockwork breccia
- Larger core diameter and Screen Fire assaying provided more accurate estimate of gold grade (Nugget Effect – see next slide)
- As a result of steeply dipping vein zones, ore characterization is evident by metallurgical types (two distinct vein zones one sulfide rich, one sulfide poor).
* Gold Equivalent (Au Eq) = Gold + Silver/50
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Hole From Interval Grade
# m m Au g/t Ag g/t Au Eq g/t
GIT-001 116 106 1.24 8.6 1.42
GTI-002 101 60 1.15 19.1 1.53
GTI-003 116 65 1.38 15.3 1.69
GTI-004 77 34 1.30 6.2 1.42
GTI-004 122 30 1.11 16.7 1.44
GTI-005 78 81 1.21 22.7 1.66
including 120 3 9.33 16.8 9.67
GTI-006 91 47 0.94 12.8 1.20
GTI-007 109 119 1.42 18.3 1.79
including 160 29 2.79 37.2 3.53
TALAPOOSA - 2011 Drill Results Comparison of Metallic Screen versus Normal Fire Assays – Nugget Effect
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DATA: MSF A (x)
SFA (y)
Total 1034 1034
Mean .80 .65
Median .36 .33
Above Mean
277 713
Below Detection
363 363
TALAPOOSA - NI 43-101 Resource Estimate
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TALAPOOSA - NI 43-101 Oxide Resource.
TALAPOOSA - NI 43-101 Sulphide (Un-Oxidized) Resource.
TALAPOOSA - NI 43-101 Talapoosa Resource Plan.
TALAPOOSA - NI 43-101 Resource Cross-Section 1
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TALAPOOSA - NI 43-101 Cross-Section 2
TALAPOOSA - 2014 Metallurgical Test Work
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TALAPOOSA - 2014 Metallurgical Test Work Composites Sample Locations Cross-Section 1
TALAPOOSA - 2014 Metallurgical Test Work Composites Sample Locations Cross-Section 2
GUNPOINT - Project Locations
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El Escorpion, Guatemala
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El Escorpion - Location Map
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El Escorpion - Guatemala
• Highly prospective silver-lead-zinc property surrounded by Tahoe Resources and situated 7 kilometers southwest along trend of their world class Escobal silver deposit
• Fault controlled, intermediate sulfidation epithermal system with outcropping mineralization similar to Tahoe s Escobal deposit
• The silver rich epithermal system has been traced discontinuously over 1.5 kilometers and hosts several multi-stage, subparallel quartz-carbonate veins and stockworks
• Prospecting outcropping mineralization, trenching and pit sampling has identified 5 mineralized zones on the 900 hectare concession
• Channel samples across the vein from two zones include: 4 meters of 33 g/t silver, 0.2% lead and 0.2% zinc 5 meters of 78 g/t silver, 2.3% lead and 2.6% zinc 6 meters of 74 g/t silver, 3.8% lead and 0.7% zinc
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El Escorpion - Interpreted Geology
Geology
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Rhyodacite
Undiff. Tertiary Volcs and Volc. Clastics
Mineralization
Outcropping Mineralization
Section Lines
LAS LAJITAS CONCESSIONInterpreted Geology
Quaternary Alluvium
Quaternary Volcanics
Interpreted Mineralization
Outcropping Vein
Fault
El Escorpion – Escobal Conceptual Cross Section
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El Escorpion – Mina Blanca Zone
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El Escorpion – Northeast Escorpion Area
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GUNPOINT – El Escorpion Photo Gallery
Escobal
Los Pozos
Mina Blanca
Los Pozos Mina Blanca El Escorpion
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El Escorpion Planned Drilling for Section A-B
Mina Blanca Zone
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El Escorpion Planned Drill Holes Cross Section C-D
Escorpion & Los Pozos Zones
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For More Investor Information Max Baker, President, 604-916-8920
P. Randy Reifel, Chairman, 604-731-1094 www.gunpointexploration.com
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