AUXI CO RE SOURCE S CANADA I NC. Se pte mb e r 2017 - - PowerPoint PPT Presentation

AUXI CO RE SOURCE S CANADA I NC.

Se pte mb e r 2017

Campanillas Mine

The following presentation contains data provided to Auxico Resources Canada Inc. As such, Auxico Resources Canada Inc. has taken all reasonable care in reproducing the information herein. Material in this presentation may contain technical or other inaccuracies, omissions, or typographical errors, for which Auxico Resources Canada Inc. assumes no responsibility. Auxico Resources Canada Inc. does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information in this presentation. Under no circumstances, including, but not limited to, negligence, shall Auxico Resources Canada Inc. be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from the use, or inability to use, the material in this

• presentation. The information presented herein is not a substitute for independent professional advice

before making investment decisions. Forward-Looking Statements This presentation may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

DISCL AIME R

AUXI CO OVE RVI E W

• T

he Co mpa ny o wns 100% inte re st in 16 histo ric a l mine s / pro spe c ts in Za mo ra , Me xic o

• Hig h-g ra de silve r a nd g o ld
• Be st sa mple re sults yie lde d 14.4kg / Ag + 19.5g / Au pe r MT
• Auxic o ha s file d a no n-o ffe ring pro spe c tus to ta ke the

Co mpa ny pub lic o n the Ca na dia n Se c uritie s E xc ha ng e

• Co mpa ny sho uld sta rt tra ding in e a rly Oc to b e r 2017
• Sinc e Ma y 2016, Auxic o ha s ra ise d o ve r $3.5 millio n with

hig h ne t-wo rth inve sto rs in priva te pla c e me nts

• Co mmo n sha re s issue d a t $0.25 pe r sha re
• No wa rra nts
• Auxic o pre se ntly ha s 35,810,000 sha re s o utsta nding .

CAP ST RUCT URE

• Co mmo n sha re s – b a sic
• Optio ns ($0.25 / F

e b rua ry 2022)

• Wa rra nts ($0.25 / Aug ust 2022)
• Co mmo n sha re s – fully dilute d

35,810,000 2,475,000 16,600 38,301,600

All c o mmo n sha re s o f Auxic o b e c o me fre e tra ding upo n listing , a s the y a re q ua lifie d b y the Co mpa ny’ s pro spe c tus. I nside rs o f Auxic o o wn / c o ntro l 23% o f the sha re s o utsta nding .

L OCAT I ON OF T HE ZAMORA SI L VE R-GOL D PROPE RT Y

Culia c a n Ma za tla n Za mora Silve r- Gold Prope rty

AGUAMAS

A NE W GOL D DISCOVE RY

T r inic a n Mine T rinic a n QV/ Bre c c ia

5-10m wide

Rosa Ma r ia Histor ic Site (pla nt) Rosa Ma r ia Adit Za mor a Mine / L a Ca mic hina He a dfr a me Junta s Mine ? L

• s Olote s Mine

L

• s Oba te l Mine

L a India Mine Ag ua ma s 1 Mine Pe rig ue te Mine

8 g / t Au

Ja r illa s Mine Na za re no Mine Chic o Pic o Ca mpa nilla s Mine L a F r anc a Mine E l T r iunfo Mine

Sc a le

1 km

N

Propose d Site of Auxic o’s 200 tpd Pla nt

Proje c te d Ve in Syste m

350m wide b re c c ia E xte nsive b re c c ia , ma y b e se ve ra l hundre d me tre s wide

Ag ua ma s 2 Mine Don Ig na c io Mine AGUAMAS GOL D MINE

NE W DISCOVE RY

13.03 g / t Au o ve r 3m 110m mine ra lize d b re c c ia g ra ding 0.40 g / t AU

RE CE NT WORK – JUNE 2017 NE W GOL D DI SCOVE RY AT AGUAMAS

? ?

0.85 g / t Au/ 50m inc luding 13.07 g / t Au/ 3m

• T

he se sa mple s we re ta ke n fro m Ag ua ma s 1 a nd Ag ua ma s 2 a re a s whic h a re a ppro xima te ly 130m a pa rt.

AGUAMAS GRAB SAMPL E S

AGUAMAS 1 Sa mple Numbe r ZAM2017- 40 34.05 g / t Au, 97.78 g / t Ag AGUAMAS 2 Sa mple Numbe r ZAM2017- 44 14.87 g / t Au, 192.22 g / t Ag AGUAMAS 2 Sa mple Numbe r ZAM2017- 43 3.75 g / t Au, 87.4g / t Ag

• E

a c h o f the sa mple s to the rig ht re pre se nt 1m c ha nne ls whic h a ve ra g e

13.07 g / t Au ove r a true width of 3m within a 110m

wide g o ld-b e a ring b re c c ia g ra ding 0.40 g / t Au a c ro ss the e ntire width.

Sa mple Numbe r AGU2017- 47 1m of 8.80 g / t Au, 20.31 g / t Ag Sa mple Numbe r AGU2017- 49 1m of 25.25 g / t Au, 53.36 g / t Ag Sa mple Numbe r AGU2017- 48 1m of 5.16 g / t Au, 11.62 g / t Ag

AGUAMAS CHANNE L SAMPL E S

210M L ONG

AGUAMAS

T RE NCH

• Mo st o f the

histo ric a l mine s a re lo c a te d o n pro mine nt NE tre nding line a me nts

Propose d Site of Auxic o’s Ne w 100 tpd Gra vity Pla nt

Ag ua mas

13.03 g / t Au

• ve r 3m

CAMPANIL L AS MINE

HI GH-GRADE SI L VE R ORE F ROM

CAMPANIL L AS

• T

his sa mple wa s ta ke n in the ma in d rift a t Ca mpa nilla s. T he silve r o re is ho ste d within a n inte nse ly silic ifie d b re c c ia a dja c e nt to the ma in Ca mpa nilla s Silve r Ve in whic h is a b o ut 4m-5m wide a t this po int whe re this sa mple wa s se le c te d. Pre vio us sa mpling a t this lo c a tio n yie lde d 1.1 kg / t Ag a nd 2.2 g / t Au.

Assays pe nding fo r this sample .

Silve r Sulphide F ra g me nts Silve r Sulphide F ra g me nts Silve r Sulphide F ra g me nts

Sa mple Numbe r B00169552 Re sults Pe nding

CAMPANIL L AS MINE

I nte nse ly a lte re d, b re c c ia te d, a nd mine ra lize d T he se sa mple s we re ta ke n in a ne wly a c c e sse d pa rt o f Ca mpa nilla s a lo ng a 225m lo ng drift. T he q ua rtz ve in syste m, pre do mina ntly in a NE b e a ring struc ture me a sure s a t le a st 7-8m wide a nd it is c ro ssc ut b y nume ro us NS q ua rtz ve ins. T he inte rse c tio n o f this NE a nd NS struc ture a ppe a rs to b e the c a use o f this wide zo ne , whic h do e sn’ t inc lude the unkno wn width o f the mine ra lize d b re c c ia ho st ro c k

X ROSA MARIA Mine (mined in the 1800’s) X ZAMORA MINES

La Camichina & Los Olotes Mines

X TRINICAN Mine X Zamora/Los Olotes Vein X Zamora/Los Olotes Vein

NE W DISCOVE RIE S JANUARY 2017

T he Ca mpa nilla s Mine I s lo c a te d ~ 7 km to the NE

T HE ZAMORA SI L VE R-GOL D PROPE RT Y

• T

he Za mo ra Pro pe rty is a n histo ric a l pro duc e r o f silve r a nd g o ld; the re ha s b e e n no e xplo ra tio n o n the Pro pe rty in the pa st

• AGUAMAS MINE

S: Ne w disc ove ry in July, 2017 ha s unc o ve re d a

130m lo ng g o ld struc ture b e twe e n the Ag ua ma s 1 & 2 histo ric mine s. A c ha nne l sa mpling pro g ra m yie lde d 0.40 g / t Au a lo ng a 110m wide g o ld syste m c ha ra c te rize d b y thre e q ua rtz ve ins a nd mine ra lize d b re c c ia , inc luding 13.03 g / t Au ove r 3m

• I

n 2014, Auxic o c o nduc te d a sa mpling pro g ra m o n 5 o f the 16 histo ric mine s/ pro spe c ts

• T

he b e st sa mple yie lde d o ve r 14.4 kg o f silve r a nd 19.5 g o f g o ld pe r to nne a t the Ca mpa nilla s Mine

• T

he ha ng ing wa lls c o nta in la rg e mine ra lize d sto c kwo rk/ b re c c ia syste ms tha t ha ve ne ve r b e e n te ste d o r mine d in the pa st

• I

nfra struc ture a t Za mo ra is e xc e lle nt:

• Clo se to c ity o f Culia c a n (85 km a wa y), c lo se to ma jo r hig hwa y

GRADE VE RI F I CAT I ON

• Ag ua ma s: 0.40 g / t Au ove r

110m inc luding 13.03 g / t Au ove r 3m (sa mple d b y the

a utho r o f the 43-101 T e c hnic a l Re po rt). F

• r the first time , the b re c c ia s ha ve b e e n fo und

to b e c a rrying g o ld.

• L

a F ra nc a: up to 1.72 kg / t Silve r, 12.96 g / t Go ld (sa mple d b y the a utho r o f the 43-101 T

e c hnic a l Re po rt, NOT

PART OF T HE ZAMORA PROPERT Y)

• Ca mpa nilla s: up to 14.4 kg / t Silve r, 15.53 g / t Go ld (sa mple d b y the a utho r o f the 43-101 T

e c hnic a l Re po rt)

• E

l T riumfo: up to 286 g / t Silve r, 2.54 g / t Go ld (sa mple d b y the a utho r o f the 43-101 T

e c hnic a l Re po rt)

• L
• s Olote s: histo ric a l va lue s sho wn b e lo w:

up to 6.6 kg / t Silve r, 44 g / t Go ld o ve r 0.5m up to 3.15 kg / t Silve r, 13.4 g / t Go ld o ve r 1.6m (mine d o ut at the uppe r le ve ls, abo ve -60m, po te ntial at de pth)

• L

a Ca ma c hina: histo ric a l va lue s up to 5.1 kg / t Silve r, 23.5 g / t Go ld (we ig hte d a ve ra g e

• n the 17m le ve l o f 609 g / t Silve r, 3.1 g / t Go ld mine d o ut)
• Chic o Pic o: surfa c e sa mple yie lde d 429 g / t Silve r, 0.12 g / t Go ld (sample d by the autho r o f the 43-101

T e c hnic al Re po rt, ne w disc o ve ry o f a paralle l quartz ve in), re c e nt disc o ve ry o f a pa ra lle l ve in syste m to

Chic o Pic o

PHASE 1: F AL L 2017

• 1,500m drilling c a mpa ig n a t L
• s

Olo te s & Ca mpa nilla s

• De wa te r L

a Ca mic hina

• Sa mpling , ma pping , me ta llurg y a t

L

• s Olo te s & Ca mpa nilla s
• Airb o rne g e o physic a l surve y
• T

OT AL US$300,000 $25,000 $75,000 $100,000 US$500,000

PHASE 2: POST

• MONE

Y

• Sho rtly a fte r listing , Auxic o wo uld like to ra ise a t le a st

$5M (CDN)

• T

e rms to b e de te rmine d

• T

he fo c us wo uld b e to a c c e le ra te the drilling c a mpa ig n a t Za mo ra a lo ng the 8 km lo ng strike le ng th a nd to initia te a b ulk sa mpling pro g ra m

• Bulk sa mpling pro g ra m sho uld g e ne ra te c a sh flo w fo r the

Co mpa ny a nd he lp Auxic o de te rmine true g ra de a t va rio us mine s o n the Za mo ra Pro pe rty

BUDGE T : PHASE 2

• Drill Pro g ra m 5,000m @ $200/ m a ll in

$1,000,000

• Airb o rne Ge o physic a l Surve y

$ 125,000

• Ge o lo g ic a l Ma pping & Pro spe c ting

$ 250,000

• Pe rmitting , la nd a c q uisitio n fo r pla nt

$ 250,000

• 100 tpd Mo b ile Gra vity Pla nt

$ 750,000

• Mining , Milling , Pro c e ssing (3 mo nths), 100 tpd

x $150/ to nne x 30 da ys x 3 mo nths $1,350,000

• Co nting e nc ie s / Othe r

$ 275,000

T

• ta l

$4,000,000 All funds are in U S D

BOARD AND MANAGE ME NT

• Pie rre Ga uthie r, Cha irma n & CE

O

• Ma rk Billing s, Pre side nt & Dire c to r
• Ro b in Co nne rs, Dire c to r
• Ma rc F

ilio n, Dire c to r

• Jun He , Dire c to r
• Ric k Whitta ke r, Dire c to r
• Ja c q ue s Arse na ult, CF

O

• Jo e l Sc o dnic k, B.Sc ., P.Ge o ., Qua lifie d Pe rso n

SUMMARY

1. Boa rd me mbe rs ha ve o ve r 100 ye a rs o f e xpe rie nc e in

fina nc ing , a c q uisitio ns, a nd mine ma king ;

2. Re c e nt work o n the pro pe rty ha s ide ntifie d the histo ric

Ag ua ma s Mine . A tre nc hing pro g ra m a nd pro spe c ting ha s

• utline d a strike le ng th o f 130m a lo ng the g o ld struc ture . T

he c ha nne lling re turne d 0.40 g / t Au o ve r a width o f 110m, inc luding 13.03 g / t Au o ve r 3m. 3. An 8 km lo ng NE

• b e a ring struc ture tha t ha s ne ve r b e e n

e xplo re d in the pa st b ut is ho st to se ve ra l histo ric mine s. At the Za mo ra Mine in the so uth, the a utho r ha s disc o ve re d wha t is b e lie ve d to b e a n e xte nsio n o f the Za mo ra ve in to a ppro xima te ly 1 km in le ng th a nd o pe n in a ll dire c tio ns; a nd a b o ut 7 km to the no rth the a utho r ha s g a ine d a c c e ss to the no rthe a st a dit in the Ca mpa nilla s Mine whe re a ll o f the sa mple s se le c te d a re sho wing e vide nc e o f inte nse a lte ra tio n, b re c c ia tio n, a nd mine ra liza tio n. T he q ua rtz ve in syste m o n the ma in le ve l a t Ca mpa nilla s is a t its wide st po int, a ro und 7-8m.

F OR MORE I NF ORMAT I ON

• F

urthe r de ta ils o n Auxic o , inc luding NI 43-101-c o mplia nt te c hnic a l re po rt, fina nc ia l sta te me nts, ma na g e me nt b io g ra phie s, ma te ria l c o ntra c ts, e tc . c a n b e fo und o n the Co mpa ny’ s we b site : www.a uxic o re so urc e s.c o m.

• Pub lic filing s c a n b e fo und o n SE

DAR (www.se da r.c o m)

• F
• r mo re info rma tio n, ple a se c o nta c t:

Pie r r e G authie r Mar k Billings

pie rre @ hitla b .c o m mb @ a uxic o re so urc e s.c o m +1 514 299 0881 +1 514 296 1641

Jo e l Sc o dnic k, B.Sc ., P.G e o .

Sie rra Ge o lo g ic a l Co nsulta nts I nc . jo e lsc o dnic k@ g ma il.c o m +52 (667) 223 7480