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The Portuguese Creek
Mine
Platinum and GoldUnlocking precious metals from volcanic rock.
Location: South Central Idaho Geology: Super Volcano Rock Type: Basaltic Moonstone Rhyolite
Super Volcano History: Snake River Plane
Portuguese Creek Mine -February 18, 2011
Comparative Mineral Occurrences:
Pt + Pd Sulfur ppm %
Merenski Reef (Bushfeld) 4.6 0.55UG-2 Layer (Bushfeld) 5.0 0.02JM Reef Stillwater, Montana 30.3 0.43Kambalda, Australia 0.75 8.1Agnew, mineralized flow 0.48 13.0Lac des Isles Canada 21.0 0.2Portuguese Creek, Idaho 680 0.2
(estimated)
Portuguese Creek Mine
Development Protocols for Portuguese Creek:
Pre-Feasibility:� Surface sampling (complete)� Assay analysis on surface samples (positive) � BLM land claim applications (complete)� Stake claims / record claims with County
(complete)� State and Federal agencies filings (Complete)� Claim fees filed and paid (Paid through 8-31-12)� Number of Claims: 70� Land Area: 2 1/2 square miles
Portuguese Creek Mine
Feasibility:� Drill Core holes (complete)
� Core holes analyzed through reliable and repeatable analytical method (complete)
• Internal and external valuations (complete)
• Independent lab validations and verification of precious metals (complete)
• Tons in drilling grid: 50 million reserve tons
• Pilot tested halide leach process (completed twice: 2004/05, 2009)
Portuguese Creek Mine
Development Protocols for Portuguese Creek:
(continued)
Development / Pilot Plant / Operations:
Eco-friendly commercial process ( no cyanide):� Halogen Leach � Recycle of all solutions / No discharge� Tailings have no hazardous metals or minerals� State and Federally Permitted / DEQ/ MSHA
Collection method: � Ion Exchange Resins � Bulk Sample permits submitted (complete)
� 2600 tons ready to process
Tons processed through piloting: 120
Metals recovered: Platinum / Gold / Rhodium / Rubidium
Portuguese Creek Mine
Operational Pilot Plant Proven Economics:
Metal Recovered onto Resins:� Platinum� Gold� Rhodium� Rubidium
Mineralogical Rare Earth Elements Found:� Cerium Rubidium� Lanthanum Neodymium� Yttrium Niobium
Portuguese Creek Mine
Development / Pilot Plant / Operations:
Market for Precious Metals:
� No significant production of Platinum, Palladium or Rhodium in the USA’s lower 48
� Ninety-seven percent of these metals are produced f rom Russia or South Africa
� Direct to refiner� Sale to end users� Open market sales once refined
Portuguese Creek Mine
Sales of Metals :
Technology:
� Halide Leaching = 150+ years old� Newly developed and modified � Primary 95% ingredient = Sodium Chloride (table Salt)� Non Selective
� Solublize’s all metals not just gold or silver
� Metal absorption from Halide Leach with Ion Exchange Resins • Dow Chemical and others have developed resins specific
to the halide leach. They absorb precious metals out of a halide solution.
• Resins are readily available• Refiners can refine them
Portuguese Creek Mine -
Funding Need:
� 2,600 Tons Per Year� $3,000,000 - $5,000,000
� 1000 Ton per day operations � $50 million
� 2000 Ton per day operations � $100 million
� 5000 Ton per day operations � $250 million
� Mine Life at 1000 tons per day = 150 years� Mine Life at 2000 tons per day = 75 years� Mine Life at 5000 tons per day = 30 years
Portuguese Creek Mine -
Portuguese Creek Partnership LLLP:
State of Incorporation: Colorado
Place of Business: Corporate Office – ColoradoMining Operations, Mining Claims / Permitted Plant and Facility on 9 acres – Idaho
Portuguese Creek Mine
Corporate Structure:
� Portuguese Creek Management LLC� Operator of the Portuguese Creek Partners LLLP assets � 3% Non-diluted interest in PCP LLLP
� Portuguese Creek Partners LLLP� Equity Unit Holders as Limited Liability Limited Partners
� 9 LLLP Unit Holders� Claim and assets owner� Building Guarantor� Line of Credit Guarantor
� Resources Opportunity Corporation � Operator of Mine � Developed Technology, Halide leach, Assay methods� State, Local and MSHA Permit Holder for plant operations
Portuguese Creek Mine -
Team Members: � James Dascalos
� Managing General Partner / Portuguese Creek Managem ent LLC� President / Resources Opportunity Corp, (ROCI)� Investment Banking 18 years
� Private and Public Money Raises� Specialty – M&A – Private Placement Funding
� Commercial Real Estate Development / Frawley Ranch Development President� Restaurant ownership� Corporate Governance / Boards and Management / Sox Training � Red Rocks Community College Foundation Board Vice President / Former Club Board President /
Former Broker Dealer Director, manager
� Whit Allen� DOE Government Renewable Energy Lobbyist
� Advisor to Top Washington Lobbying Firms for CleanTech and renewable energy Companies and technology� Strategic market and product and business planning and development worldwide� Corporate Governance / Board and Management positions� Master's degree (International MBA) from the Thunderbird School of Global Management /
Bachelor of Science degree in Electrical Engineering from Texas A&M University.
� Alex Duncan- Agricultural Commodities Grain Trader / Broker 25 years
- World wide exporter / importer of grains - Hedge and derivative Trader / Northern Sales Company 13 years- University of Manitoba with a degree in Economics.
Portuguese Creek Mine -
Board of Advisors: � Dr. John Trefny
� Former President Colorado School of Mines 9 years� Professor of Physics and Head of the Department of Physics
� Colorado Board of Education Chair� Undergraduate education at Fordham University and his Ph.D. In Physics from
Rutgers University� Yani Roditis
� Mine Engineer 28 Years � Barrick Gold Corp / Chili, Argentina � Gabriel Resources / Toronto / Romania� Taranga Resources / Toronto /
� Two Master of Science degrees from the University of Arizona, as well as a Bachelor of Science degree from the National Technical University in Athens, Greece.
� Paul Gates� Mine Engineer 25 Years� Vice President Operations ROCI
� Pincock Allen and Holt Engineering � Newmont Gold Corp / Indonesia � Phelps Dodge Corp / Arizona
� Mr. Gates has a MBA from Western New Mexico University, and a BS in Mining Engineering from Montana College of Mineral Science and Technology in Butte Montana.
Portuguese Creek Partnership Contact
Information: � James Dascalos
Managing General Partner
Mailing Address:6614 Stuart CourtArvada, Colorado 80003Tel. 303-650-2762 Cell: 303-618-9621
Email. [email protected]: www.portuguesecreekmine.com
Plant Address: Portuguese Creek Partners LLLP. 1992 E. 1775 So. Gooding, Idaho 83330
Portuguese Creek Mine -
Forward Looking Statements:
The information contained herein is a supplement to additional confidential information of the Portuguese Creek Partnership. No reproduction or distribution of information is permitted without the written consent of the Partnership.
The financial forecasts described herein are forward-looking statements that assume that a full production facility will someday be built, including matters of opinion or strategies regarding the future and the Partnerships reserve estimate.
Readers should not place undue reliance on forward-looking statements. which are assumptions and estimates subject to various risks and uncertainties. The Partnerships actual results could differ materially from those discussed in such forward-looking statements.
Portuguese Creek Mine -