www.reveloresources.com
ADVANCING A PROSPECTIVE PORTFOLIOTO DISCOVERY SUCCESS
Copper - Gold - Silver
GOLD-SILVER PROJECTS
Northern Chile
Summary
July 2018
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Cautionary Statement
2
Certain statements contained in the following presentation constituteforward-looking statements. Such forward looking statements involvea number of known and unknown risks, uncertainties and otherfactors which may cause the actual results, performance orachievements of the Company to be materially different from anyfuture results, performance or achievements expressed or implied bysuch forward-looking statements. Readers are cautioned not to placeundue reliance on these forward-looking statements.
Dr. Demetrius Pohl, PhD., Certified Professional Geoscientist (CPG), anindependent consultant, is the Company’s Qualified Person for thepurposes of National Instrument 43-101 Standards of Disclosures forMineral Projects of the Canadian Securities Administrators, and isresponsible for the accuracy of, and has verified, the technicalinformation in this presentation and has approved its writtendisclosure.
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Revelo – Gold-Silver Projects in northern Chile
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Gold-Silver projects
8 project interests
3 projects available for JV / spin-out
Las Pampas, Victoria Sur, Orca
1 option/sale/royalty agreement
Loro
4 NSR royalty interests in 3rd-party exploration projects
Exceptional Jurisdiction
Chile – geology, government, law, infrastructure, people, services
Exceptional Location
Northern desert – along trend from major mining districts
Exceptional Land Position
> 33,000 Ha (100% owned) + royalty interests
Au Ag
Loro
Limbo
Magallanes
Las Pampas
Victoria SurSan Guillermo
Reprado
Orca
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Available Projects – Victoria Sur
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Domeyko Cordillera at Victoria SurView looking SE showing Quebrada Chaco with Nueve Vidas and Cenizas beyond – Key Targets at Victoria Sur
Au CuAg
Cenizas – Au-Ag-Cu
Nueve Vidas – Au + Au-Ag
Magnetic Anomalies
Victoria I & II – Ag-Au
Quebrada (dry valley) Chaco
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Gold + Gold-Silver-Copper exploration project – Northern Chile
See separate technical presentation
Significant historic trench and drill intercepts
E.g. 8m @ 10.5g/t Au + 29g/t Ag
E.g. 72m @ 0.40g/t Au (including 16m @ 0.72g/t Au)
Porphyry-gold + Epithermal gold-silver-copper targets
High-grade epithermal structures - multi-gram gold and + oz silver
Bulk-tonnage porphyry gold target - significant size potential
Possible epithermal or porphyry gold-copper
Northern Chile
Desert terrane
Easy access / moderate altitude
Victoria Sur Project (Gold-Silver-Copper) – Available
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Au CuAg
Deal type
Spin-out into Newco / Shell with stock, participation, royalty, work commitment
Possible traditional farm-out
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Victoria Sur
Porphyry Au
Porphyry / Epithermal Au-Cu
Domeyko Cordillera
Mid-Tertiary mineral belt
3 of world’s top 6 copper mining districts
Important gold deposits and gold-rich copper porphyries
From: Mpodozis C. & Cornejo P. (SEG SP 16 – 2012)
Regional Geological Setting
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Au CuAg
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District Geological Setting
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(*) Production & Contained Metals Figures from Company Websites & Academic Publications
Au CuAg
LA ESCONDIDA DISTRICT * (BHPB, RT, Barrick, Antofagasta, Mitsubishi)
- Copper-Moly-Gold District- ~ 144 Mt Contained Cu- >> 1 Mt fine Cu production / year * (world’s largest)- 3 mines (La Escondida, Escondida Norte, Zaldivar)- 1 undeveloped deposit (Pampa Escondida)
EXPLORADORA DISTRICT (Codelco / Antofagasta) *
- Copper-Gold and Gold-Silver District- Porphyry Cu-Au discovery- LS Epithermal Au-Ag Veins
Au, Ag, & Au-Ag mines – current & historic production
20 Km
VICTORIA SUR PROJECT (~ 6,600 Ha)
• Prolific mineral belt – along trend from world-class mines and deposits
• Key controlling faults of the Domeyko Cordillera• Porphyry-Au + Epithermal Au-Ag + Ag-Au +/- Cu
PanAmericanHighway
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Principal Targets
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Au CuAg
CENIZAS
High-sulphidation epithermal Au-Ag-Cu structures
Possible epithermal or porphyry Au-Cu potential at depth
Extensive base of lithocap-style alteration
Sericite, (muscovite), dickite identified –intense leaching and supergene effects
Clastic, volcaniclastic and volcanic sequences of Late Jurassic – Cretaceous age
Andesite and rhyolite porphyry plugs
Zoned propylitic alteration – to S and W
Jarositic / limonitic breccia zones with highly anomalous Au & As
Porphyry Au target – trench & drill intercepts
Cross-cut by high-sulphidation epithermal Au-Ag-Cu structures – trench & drill intercepts
Intrusive porphyry complex with diorite / tonalite
Chlorite-epidote-magnetite veining and alteration with highly anomalous Au in dioritic porphyry
Strong magnetic anomaly
Cross-cutting jarositic / limonitic structures with high-grade Au-Ag
Contact skarn alteration with sediments
NUEVE VIDAS
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Available Projects – Las Pampas
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Cerritos Sur at Las PampasHistoric, artisanal silver workings at Cerritos Sur – part of a ~ 8 Km trend
Au Ag
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Las Pampas Project (Gold-Silver) – Available
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Au Ag
Gold-Silver exploration project – Northern Chile
See separate technical presentation
Centred along trend and just 40 Km southwest of the major El Peñon – Fortuna gold-silver mining district (Multi-million oz Au + Ag)
One of Chile’s most important precious metals mining districts
Epithermal, bonanza-style gold-silver vein targets – major district play (~ 22,000 Hectares)
Multi-kilometer geochemical anomalies
Major high-level chalcedonic silica sinter outcrop
Drill intercepts indicating presence of mineralised systems (limited drilling)
Northern Chile
Desert terrane
Excellent infrastructure, easy access
Deal type
Spin-out into Newco / Shell with stock, participation, royalty and work commitment
Possible traditional farm-out
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Las Pampas
Epithermal Au-Ag
Paleocene (or Central) Belt
Early-Tertiary mineral belt
Central zone typified by precious metals deposits
Important porphyry copper deposits along trend to N and S
Regional Geological Setting
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Au Ag
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LAS PAMPAS PROJECT (~ 21,800 Ha)
• Prolific mineral belt – along trend from world-class mines and deposits
• Key controlling fault from the El Peñon District – the Dominador Fault
• Low-sulphidation, epithermal Au-Ag vein prospects
District Geological Setting
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(*) Production & Contained Metals Figures from Company Websites & Academic Publications
Au Ag
EL PEŇON – FORTUNA DISTRICT (Yamana Gold) *
- > 1 M oz Au + 36 M oz Ag – reserves (2016)- > 200,000 oz Au + 6 M oz Ag production (2016)- El Peñon & Fortuna mines – Low-sulphidation –
multiple producing veins- Multi-million oz historic production since mid-1990s
GUANACO DISTRICT (Austral Gold) *
- > 1 M oz Au historic production (estimated)- > 40,000 oz Au production / year (2017)- Multiple producing High-Sulphidation structures
CACHINAL DE LA SIERRA & EL SOLDADO
- Historic producers – Low-Sulphidation – Ag and Au
10 Km
PanAmericanHighway
Approximate Trace of Dominador
Fault Zone
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Principal Targets
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TARGET H
Low-sulphidation epithermal Au-Ag vein target
High-grade vein float at surface
Drilling cut complex Dominador Fault Zone
TARGET F
Low-sulphidation epithermal Au-Ag vein target
Intense hematite capping (typical of belt)
Drilling cut low-T quartz with Ag-As (high-level)
CERRO 1868
Low-sulphidation epithermal Au-Ag vein target
Silicified and altered rhyolite dome complex
Anomalous geochemistry – no drilling
CERROS BAYOS
Low-sulphidation epithermal Au-Ag vein target
Large, low-T silica sinter field with silver
Geophysical anomalies not tested by drilling
CERRITOS TREND
Low-sulphidation epithermal Au-Ag vein target
Extensive anomalous geochemical trend
Wide-spaced drilling cut Ag + Au anomalies
OTHERMultiple geochemical & geophysical anomalies remain untested by drilling
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5 Km
Au Ag
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Available Projects – Orca
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OrcaHistorically mined structures with gold along shear zone belt
Au
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Gold exploration project – Northern Chile (Coastal Belt)
Series of old gold workings along ductile shear zone – +5 Km strike
Grab samples from old workings
From zero to 18.25g/t Au
Shear-zone hosted gold targets
Narrow, high-grade structures - multi-gram gold
Northern Chile
Desert terrane
Easy access / moderate altitude
Deal type
Spin-out into Newco / Shell with stock, participation, royalty, work commitment
Possible traditional farm-out
Orca Project (Gold) – Available
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Au
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Orca
Shear-zone hosted Au
Coastal Belt
Mesozoic mineral belt
Atacama Fault Zone
Major IOCG deposits
Porphyries, mantos, intrusion-related veins
Shear-zone gold
Regional Geological Setting
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Au
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Orca - Photos
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Au
Views of area showing principal abandoned gold workings developed along sub-vertical to steeply dipping shear zones
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Existing Option Agreements – Loro Project
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LoroOutcropping and sub-cropping epithermal quartz veins at Loro
Au Ag
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Loro Project (Gold-Silver) – Subject to Option / Sale / Royalty
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Au Ag
Gold-Silver exploration project – Northern Chile
See separate technical presentation
Centred along trend, just 25 Km south of the major El Peñon – Fortuna gold-silver mining district (Multi-million oz Au + Ag)
One of Chile’s most important precious metals mining districts
Epithermal, bonanza-style gold-silver vein targets
Multi-kilometer geochemical anomalies
High-level chalcedonic silica sinter outcrop
Trenching underway – drilling planned
Northern Chile
Desert terrane
Excellent infrastructure, easy access
Deal type
Option & Sale agreement with Hochschild Mining
5-year option – US$13M or 30,000m of drilling
Hochschild to pay Revelo up to US$20M in cash + 1% NSR royalty on production
Revelo operating exploration program
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Loro
Epithermal Au-Ag
Paleocene (or Central) Belt
Early-Tertiary mineral belt
Central zone typified by precious metals deposits
Important porphyry copper deposits along trend to N and S
Regional Geological Setting
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Au Ag
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LORO PROJECT (~ 4,800 Ha)
• Prolific mineral belt – along trend from world-class mines and deposits
• En-echelon structures aligned along N-S trend• Low-sulphidation, epithermal Au-Ag vein prospects
District Geological Setting
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(*) Production & Contained Metals Figures from Company Websites & Academic Publications
Au Ag
EL PEŇON – FORTUNA DISTRICT (Yamana Gold) *
- > 1 M oz Au + 36 M oz Ag – reserves (2016)- > 200,000 oz Au + 6 M oz Ag production (2016)- El Peñon & Fortuna mines – multiple producing veins- Multi-million oz historic production since mid-1990s
GUANACO DISTRICT (Austral Gold) *
- > 1 M oz Au historic production (estimated)- > 40,000 oz Au production / year (2017)- Multiple producing structures
CACHINAL DE LA SIERRA & EL SOLDADO
- Historic producers – Ag and Au
20 Km
PanAmericanHighway
Approximate Trace of Dominador
Fault Zone
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Royalty Interests – San Guillermo, Reprado, Magallanes, Limbo
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San GuillermoExploration trenches at San Guillermo
Au Ag
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Royalty Interests
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Au Ag
Revelo has NSR royalty interests in 4 gold-silver exploration projects in northern Chile
Reprado – 1.0% NSR royalty ~ 2,750 Ha – owned by Austral Gold (TSX-V: AGLD)
San Guillermo – 0.5% NSR royalty ~ 12,000 Ha – owned by Austral Gold (TSX-V: AGLD)
Magallanes – 1.0% NSR Royalty ~ 1,000 Ha – owned by Austral Gold (TSX-V: AGLD)
Limbo – 1.0% NSR Royalty ~ 5,600 Ha – owned by Austral Gold (TSX-V: AGLD)
Located along same mineral belt as the major El Peñon – Fortuna gold-silver mining district (Multi-million oz Au + Ag) and the Amancaya gold-silver mine (emerging district)
One of Chile’s most important precious metals mineral belts
Epithermal, bonanza-style gold-silver vein targets
Historic gold-silver intercepts in trenches (Reprado, San Guillermo & Magallanes)
Historic gold-silver intercepts in drill holes (Reprado & San Guillermo)
Northern Chile – Desert terrane – Excellent infrastructure – Easy access
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Royalty Interests – Gold-Silver
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Gold-Silver projects
4 NSR royalty interests in 3rd-party exploration projects
Au Ag
Limbo
Magallanes
San Guillermo
Reprado
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AMANCAYA MINE (Austral Gold) *
- Austral Gold’s newest mine- Emerging epithermal vein district – new veins discovered- > 400,000 oz gold equivalent resources
District Geological Setting – Reprado & San Guillermo
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(*) Production & Contained Metals Figures from Company Websites & Academic Publications
Au Ag
REPRADO PROPERTY (Austral Gold ~2,750 Ha)
- Revelo – 1% NSR royalty interest- Historic trench and drill intercepts- Along direct trend from Amancaya mine
REVELO EXPLORATION PROPERTIES
- At Morros Blancos (blue) and Altamira (purple)- Copper-focused exploration plays
20 Km
Access to PanAmerican
Highway
SAN GUILLERMO PROPERTY (Austral Gold ~12,000 Ha)
- Revelo – 0.5% NSR royalty interest- Historic trench and drill intercepts- Surrounds and along direct trend from Amancaya mine
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Revelo – Gold-Silver Projects in northern Chile
26
Gold-Silver projects
8 project interests
3 projects available for JV / spin-out
Las pampas, Victoria Sur, Orca
1 option/sale/royalty agreement
Loro
4 NSR royalty interests in 3rd-party exploration projects
Individual option / JV agreements on available projects
Spin-out into Newco or existing shell of available projects in exchange for shares, royalty and firm commitment to explore
Spin-out of entire gold-silver portfolio –including royalty interests – details to be discussed
Au Ag
Loro
Limbo
Magallanes
Las Pampas
Victoria SurSan Guillermo
Reprado
Orca
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WHAT WE DO
Copper - gold - silver explorer in Chile
Consolidated land from 2014 to 2016
>US$100M historic exploration on portfolio
Expertise in porphyry/epithermal deposits
Partnering projects, generating royalty interests
WHAT WE HAVE
~200,000 Hectares of mineral property interests
26 project interests / ~35 targets
16 projects available for Option / JV / Sale
3 Option / JV or Sale / Royalty Agreements
7 Royalty Interests *
* Currently non-producing
WHERE WE DO IT
CHILE(THE PLACE
TO BE)
Chile – Mining country – main economic activity
Focused in the northern desert
Safe country to work in
Politically and fiscally stable
Legal system works
Both Major and Mid-Tier players are present
Exploration investment is re-awakening
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Revelo – Corporate Summary
100Km
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In the Shadow of the Headframe
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METALS COPPER-GOLD-SILVER
STAGE EXPLORATION
LOCATION NORTHERN CHILE
TEAM HIGHLY EXPERIENCED
TENEMENT MAJOR LAND POSITION
PORTFOLIO MULTIPLE TARGETS