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FORWARD LOOKING INFORMATION
This document contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not
limited to, statements with respect to the development potential and timetable of the Troilus project; the timing and amount of estimated future
development and exploration; costs of future activities; capital and operating expenditures; success of exploration activities; government
regulation of mining operations; and environmental risks. Generally, forward-looking statements can be identified by the use of forward-looking
terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”
or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are based on the opinions and estimates of
management as of the date such statements are made. Forward-looking statements are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity, performance or achievements of Copper One to be materially different from
those expressed or implied by such forward-looking statements, including but not limited to risks related to: timing and availability of external
financing on acceptable terms; unexpected events and delays during construction, expansion and start-up; variations in ore grade and recovery
rates; receipt and revocation of government approvals; actual results of exploration and mining activities; changes in project parameters as
plans continue to be refined; future prices of metals; failure of plant, equipment or processes to operate as anticipated; accidents, labour
disputes and other risks of the mining industry. Although management of Copper One has attempted to identify important factors that could
cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-
looking statements. Copper One does not undertake to update any forward-looking statements except in accordance with applicable securities
laws.
The “material” technical information in this presentation is dervied from the technical report entitled “Technical Report on the Troilus Mine Zone
87 Underground Mineral Resource Estimate, Quebec”, dated April 28, 2006 and prepared by Luke Evans, P.Eng. of Roscoe Postle Associates
Inc.
The scientific and technical information in this document has been reviewed and approved by Bill Stone, P. Geo., a consultant to Copper One
and a qualified person as defined in Nation Instrument 43-101.
Luc Evans, P. Eng. and a qualified person as defined in Nation Instrument 43-101, prepared the Technical Report referred to on page [X] for
Inmet, including the mineral resource estimate, and has reviewed the Technical Report on behalf of Copper One.
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TECHNICAL INFORMATION
QUALIFIED PERSON
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Rivière Doré Property Location: Val d’Or, QC
Ownership: 100%
Metals: Copper,-Nickel-PGM’s
Status: Greenfield Exploration
Queylus Property Location: Abitibi Greenstone Belt, QC
Ownership: 100%
Metals: Gold-Copper
Status: Greenfield Exploration
Brownfield's Development Project Troilus Mine
Location: Chibougamau, Quebec
Ownership: 100%
Metals: Gold and Copper
Mining: Open pit (1997-2009)
History: Built and operated by Inmet
Mining, now First Quantum
Minerals
M&I Resource:1.4M oz Au; 105M lbs Cu
Inferred Resource: 0.3M oz Au; 25M lbs Cu
*See mineral resource table on slide 8
Acquisition Price
2.5% NSR
Assumption of all liabilities, including
environmental liabilities as at Jan 1
2014
First Quantum to backstop current
closure bonds of approx $4.1M which is
expected to decline to $2M by end of
summer 2014
*Acquisition subject to various closing conditions
Existing Exploration Assets
COPPER ONE ENTERS AGREEMENT TO ACQUIRE TROILUS MINE
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Capital Structure
Shares Outstanding (basic): 66.5 million
Options: 8 million @ $0.25 (exp 11-16-14)
issued in connection with property acquisitions
~6.5 million with weighted exercise price of $0.53
Management
G. Scott Moore , MBA Chairman, President & Chief Executive Officer Mr. Moore is a finance executive with over 20 years of experience in the resource sector.
He presently serves as COO of Forbes & Manhattan, Inc., He holds a Bachelor of Arts
degree from the University of Toronto and an MBA from the Kellogg School of
Management.
Bill Stone, P.Geo, Ph.D., Chief Consulting Geologist Bill has 30 years of experience in all phases of mineral exploration and project
development, predominantly in precious metal and base metal deposits in Canada, USA,
Australia and Europe. Significant expertise in target generation for exploration in frontier,
greenfields, brownfields and near-mine settings. Commodity experience includes
disseminated and narrow vein gold deposits, magmatic PGM and nickel-copper deposits,
and VMS zinc-lead-copper deposits across all scales and settings, including in open pit
and underground mining projects.
Justin Reid, MBA, Director Mr. Reid is a geologist and capital markets executive with over 20 years of experience
focused exclusively in the mineral resource space. Former Managing Director Global
Mining Sales at National Bank Financial, where he directed the firm’s sales and trading in
the mining sector. Former senior mining analyst at Cormark Securities in Toronto and
Executive General Manager at Paladin Energy .Mr. Reid holds a B.Sc from the University
of Regina, a M.Sc from the University of Toronto and an MBA from the Kellogg School of
Management at Northwestern University.
CAPITAL STRUCTURE & MANAGEMENT
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Excellent mining jurisdiction of Quebec, Canada
TROILUS PROPERTY LOCATION
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• Acquiring all Troilus mining and exploration
claims and surface rights of approx. 6500 ha
• Current NI43-101 M&I resource of 1.4 million ounces of
gold and 100 million lbs of copper and Inferred resource
of 300,000 ounces and 25 million lbs of copper *
• Current resources calculated at
$US450 gold and $US1.10 copper
• Deposit open at depth and laterally
• Fully permitted mine site and Tailings dam
• Outstanding infrastructure, including power, roads, etc.
• Known metallurgical recoveries: 86% Au and 90% Cu
• 2.5% Net Smelter Royalty
• Assumption of environmental liabilities as at Jan 1, 2014
• First Quantum to backstop current closure bonds of
approx. $4.1M, which is expected to decline to $2M
by end of summer 2014
• FQ Budget for 2014 is $1.5mm for
site care and maintenance
• FQ Budget for 2015 is approx. $700k
dropping to $300k in 2016 for monitoring only
6
REASON FOR A SUCCESS STORY
ACQUISITION PRICE
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*See mineral resource table on slide 8
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HISTORY & STATUS OF TROILUS MINE
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• Open-pit mine built and operated by Inmet Mining ( Acquired by First Quantum in 2013)
• 2.0 million ounces of gold produced and over 50,000 tonnes of Copper
• Average grade of 1.09 g/t Au and 0.119% Cu
• Metallurgy recoveries of 86% gold and 90% copper
• Milling stopped in June 2010
• Substantially reclaimed with respect to mill site and tailings pond
J4 Pit Z87 Pit
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Technical Report on underground resources completed 2006
• In 2006, Inmet Mining Corp. filed a NI43-101 Technical Report on the
Troilus underground resource completed by Roscoe Postle Associates Inc.
• M&I resources of 1.4 million ounces of gold and 105 million lbs of copper
• Inferred resources of 0.3 million ounces of gold and 25 million lbs of copper
• Resources calculated assuming $US450 gold and $US1.10 copper
• The underground resources are based on 101 diamond drill holes totalling 48.387 metres and 15,999 assays
• Cross section spacing approx 25m to 100m apart, with holes drilled approx 50m - 100 m intervals on section
TROILUS CURRENT MINERAL RESOURCES
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• Located in east domain of the
Frotet-Evans Greenstone Belt,
Opatica Subprovince of the
Superior Province
• The east domain, called the
Frotet-Troilus domain, consists
of volcanic rocks cut by
granitoid intrusions and
deformed by faults and folds
REGIONAL GEOLOGICAL SETTING
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TROILUS MINE
• Troilus Diorite, a
multiphase gabbro-
diorite intrusion, is
key rock unit
• Gold mineralization
hosted in brecciated
marginal series rocks
• Mining to date
restricted to 87, J4
and J5 zones.
SOUTHWEST ZONE
LOCAL GEOLOGY
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Copper One plans to evaluate Troilus open pit models for remaining
resources along and across strike from the Z87 and J4 open pit mines
Z87 open pit, Troilus Mine
AERIAL VIEW - TROILUS OPEN PIT MINE
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Assumptions in 2006
• Ramp and shaft access to zone below Z87 Open Pit Mine
• Cost effective Long hole, open stope, bulk mining method at 10,000 Tpd
• Expected metallurgical recoveries at 86% for Gold and
90% for copper based on 10 year + mine life at Troilus
• Copper One will update Inmet’s internal feasibility study and look expand
resources on the Troilus property that may have become economic in
today’s metal price environment
not to scale
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TROILUS UNDERGROUND MODELS
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• Four large open stopes are included
in the mine plan, separated by non-
recoverable pillars to maintain
stability.
• The stopes range from 110 to 140m
in strike length, and they are
nominally 300m in vertical height.
The dip length of stope hanging walls
is nominally 390m.
• The 3 separating pillars are 70-80m
in strike length. No backfilling of the
stopes is planned.
• A 40m thick crown pillar has been
defined below the ultimate pit. Some
crown pillar recovery is included in
the mine plan.
OPEN STOPES INCLUDED IN MINE PLAN
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Mineral Growth Potential • Along strike of open pit mines
• Between open pit mines
• 86 Zone
• Southwest Zone
• Other priority areas
EXPLORATION UPSIDE
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3D image: not to scale
J4 Open Pit Z87 Open Pit
Drill Hole Assays
• View looking north at J4 and Z87 open pit models (grey) and drill hole assays
• Bottom of Z87 Open Pit Mine 300 metres below surface
• Solid red lines correspond to block models below the pits
• Dashed red lines correspond to extensional and additional drill targets
TROILUS RESOURCE EXPANSION
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• Geological map showing exploration drill results for the Southwest and 86 Zones
• Additional infill and extensional drilling required for mineral resource estimations
TROILUS ADDITIONAL EXPLORATION
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Location: Val-d'Or, Quebec, Canada
Mine type: Underground Mine
Mining: 5,100 tpd
Processing: 8,200 tpd capacity ( currently at 63% of nameplate)
Production: 2014 guidance 90k ounces from dore and concentrate with 93% recovery
Mining Method: Long hole stoping in primary and secondary stopes with paste backfill
Current Mine Depth: D zone 1250m from surface
Total cash costs: $782/oz gold (2013)
Mine site costs: C$32/tonne
Goldex Reserves and Resources:
Reserves of 7.6mm tonnes at 1.52 g/t for 372k ounces of gold
M&I Resources of 30mm tonnes at 1.86 g/t for 1.9mm ounces
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COMPARABLE LOW GRADE OPERATION
Goldex Mine
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Justin Reid, B.Sc, M.Sc, MBA; Director Mr. Reid is a geologist and capital markets executive with over 20 years of experience focused exclusively in the mineral resource space. Mr. Reid
holds a B.Sc from the University of Regina, a M.Sc from the University of Toronto and an MBA from the Kellogg School of Management at
Northwestern University. Mr. Reid started his career as a geologist with SGS and Cominco Ltd after which he became a partner and senior mining
analyst at Cormark Securities in Toronto. In 2009, Mr. Reid was named Executive General Manager at Paladin Energy, where he was responsible for
leading all merger and acquisition, corporate and market related activities. He returned to Canada in early 2011 assuming the role of Managing
Director Global Mining Sales at National Bank Financial, where he directed the firm’s sales and trading in the mining sector.
Simon Marcotte , B.A.A., CFA; Director Mr. Marcotte has some 15 years of capital market experience. He is currently Vice President of Corporate Development for Belo Sun Mining and
Mason Graphite. Previously, he was a Partner at Cormark Securities, covering institutional equity sales in the Montreal and New York markets for a
four-year period. Prior to his role at Cormark, Mr. Marcotte was a Manager, Institutional Sales for CIBC World Markets. Mr. Marcotte holds a B.A.A.
from Sherbrooke University and is a Chartered Financial Analyst (CFA).
Paul Cowley B.Sc., P.Geo. VP Exploration Paul Cowley is a professional geologist with 33 years experience in worldwide exploration for precious metals, base metals, diamonds, coal and
industrial minerals with junior and senior companies, acting in technical and managerial positions. During his 18 years at BHP Minerals, he was
instrumental in the discovery and advancement of four major gold deposits in the Canadian Arctic.
G. Scott Moore, MBA; Chairman and CEO Mr. Moore is currently the COO of Forbes and Manhattan, a leading resource merchant bank. He is the former President and Chief Executive Officer of
Dacha Strategic Metals Inc. , Vice President of Business Development at Aberdeen International and Vice President of Sulliden Gold Corporation Ltd.
He is an experienced business executive in the resource sector having raised over $400 million for mining companies in the last five years. He is also
a director of Mason Graphite, Copper One, Sagres Energy, Brookwater Ventures, Vast Exploration. He holds a Bachelor of Arts degree from the
University of Toronto and an MBA from the Kellogg School of Management.
Benoit Gascon, CPA, CA; Director Mr. Gascon has over 20 yrs of experience in the Graphite & Carbon industries. He is currently the President and CEO of Mason Graphite Inc. and was
previoudly the CEO of Stratmin Graphite which operates the Lac-des-Iles deposit; one of North America's only producing graphite mines. He was
responsible for negotiating the complete take-over of Stratmin Graphite by Imerys SA, a world leader in Industrial Minerals, to form Timcal Graphite &
Carbon. Mr. Gascon, CPA, CA, holds a bachelor’s degree in Business Administration from Haute Etudes Commerciales (HEC, Montreal).
BOARD OF DIRECTORS
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Rivière Dore Exploration Project
• New copper VMS exploration project
• High grade Copper from Surface ( +1.0%)
• Multi-Kilometer trend indicating potential Layered Intrusive VMS complex
• Project on hold pending successful MOU with Barrier Lake Algonquins
CORPORATE STRATEGY
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• Greenfield Copper/Gold exploration project
Queylus Project
CORPORATE STRATEGY
TSX-V:CUO
Contact Us G. Scott Moore, President & CEO
Tel: (416) 861-5903
Email: [email protected]
65 Queen Street W, Suite 800
Toronto, Ontario M5H 2M5
www.copperone.com