OCEANUS RESOURCES: EXPERIENCED MINE FINDERS AND BUILDERS
Strong Team with a proven track record:
•
•
100+ years of industry experience
Responsible for discovery of 7 producing gold mines
in Africa and North America
Strong Financial Position:
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$2.7 M cash
June 2016: $5.75 M bought deal financing with
Cantor Fitzgerald
Glenn Jessome, JD, MBA, President & CEO
+1 902 492 0298
www.oceanusresources.ca
[email protected]
Suite 2108 Purdy’s Tower II
1969 Upper Water Street
Halifax, Nova Scotia
Canada, B3J 3R7
EL TIGRE PROJECT:
PROJECT: OVERVIEW
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Exploring and developing the El Tigre Project, located on the
prolific Sierra Madre Occidental belt in Sonora, Mexico
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El Tigre is a large 35 km long property that is 100% owned,
royalty free with no Ejido land
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Road access, close to large water supply and electrical power
supply
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Drill results confirm wide oxidized zones of precious metals
mineralization that outcrop at surface
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Two drill rigs on site
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Targeting a potential large open pit gold/silver resource
EL TIGRE PROJECT:
PROJECT: HISTORICAL PRODUCTION AND DRILLING
DRILLING
Previous management focused on sampling and assaying the high grade silver veins and left large sections of unsampled drill core in the trays for the 59 holes they drilled between 2011 and 2013
Oceanus’ geologists recognized strong alteration around the high grade veins that were not sampled
El Tigre History
Gold Hill prospect discovered in
1886
Historical underground mine
(1903 to 1938):
353,000 ounces of gold
produced
67.4 million ounces of silver
produced
Reported production
through 1938 was 1.87
Million tons averaging 1308
g/t Ag, 7.54 g/t Au, 0.4% Cu,
1.1% Pb and 1.5% Zn (Craig,
2012)
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EL TIGRE PROJECT: INVESTMENT HIGHLIGHTS
HIGHLIGHTS
Management believes they have identified gold and silver mineralization at its El Tigre Project commonly
associated with larger deposits in the Sierra Madre Occidental belt in Mexico
Updating resource and lowering risk by targeting a potential large open pit gold/silver resource
Broadly mineralized halo outcrops at surface with previously identified high grade vein systems that were
mined underground over a strike length of 1.5km to a depth of 450 meters
Oceanus assayed untested core in 59 holes that weren’t fully assayed by previous management, assay results
which include 127m of 2.16 g/t AuEq, 139m of 1.02 g/t AuEq and 97.7 of 1.80 g/t AuEq from surface
Oceanus is in the midst of a 10,000 meter drill program that has provided assay results which include 121.1
meters of 1.38 g/t AuEq and 95.6 meters of 1.35 g/t AuEq from surface
Enormous exploration potential as the veins, structures and mineralized zones have been traced for a
distance of 5.3 kms along strike
EL TIGRE PROJECT:
PROJECT: DRILL RESULTS HIGHLIGHTS
HIGHLIGHTS
El Tigre Silver Drilling (Legacy Core)
March 7, 2016
Hole ET-13-051 - 127.0 meters of 2.16 g/t gold equivalent consisting of 1.80 g/t gold and 27.5 g/t silver
Hole ET-13-077 - 139.1 meters of 1.02 g/t gold equivalent consisting of 0.94 g/t gold and 6.6 g/t silver
May 16, 2016
Hole ET-13-066 - 97.7 meters of 1.80 g/t gold equivalent consisting of 0.90 g/t gold and 67.5 g/t silver
Hole ET-13-075 - 104.0 meters of 1.01 g/t gold equivalent consisting of 0.53 g/t gold and 36.1 g/t silver
June 28, 2016
Hole ET-10-031 – 92.9 meters of 0.80 g/t gold equivalent consisting of 0.39 g/t gold and 30.4 g/t silver
Hole ET-10-033 – 48.6 meters of 1.46 g/t gold equivalent consisting of 0.61 g/t gold and 63.9 g/t silver
Oceanus Drilling
September 14, 2016
Hole ET-16-083 – 121.1 meters of 1.38 g/t gold equivalent consisting of 1.02 g/t gold and 27.0 g/t silver
Hole ET-16-085 – 89.7 meters of 1.02 g/t gold equivalent consisting of 0.62 g/t gold and 30.3 g/t silver
October 18, 2016
Hole ET-16-092 – 95.6 meters of 1.35 g/t gold equivalent consisting of 1.17 g/t gold and 13.2 g/t silver
Hole ET-16-096 – 74.2 meters of 0.96 g/t gold equivalent consisting of 0.80 g/t gold and 11.6 g/t silver
December 14, 2016
Hole ET-16-108 – 110 meters of 0.79 g/t gold equivalent consisting of 0.6 g/t gold and 14.5 g/t silver
Hole ET-16-109 – 20.4 meters of 3.23 g/t gold equivalent consisting of 0.4 g/t gold and 212 g/t silver
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