tsxv:ccd - ceocfolas burras geology 1. cu-au mineralization is hosted in porphyritic quartz...
TRANSCRIPT
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PROPERTY GENERATOR EXPLORE – EVALUATE – MONETIZE
Large-Scale Cu-Au Porphyry ProspectsMulti-Million Ounce Gold
Multi-Billion Pound Copper Potential
TSXV:CCD
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DISCLOSURE – FORWARD LOOKING STATEMENTS
Certain statements contained in or incorporated by reference into this presentation constitute forward-looking statements. Such statements reflect the current views of Cascadero Copper Corp. with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of Cascadero Copper Corp. that may be expressed or implied by such forward-looking statements to vary from those described herein should one or more of these risks or uncertainties materialize. Cascadero Copper Corp. does not intend, and does not assume any obligation, to update these forward-looking statements.
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COMPANY AND CORPORATE STRUCTURE
Share Price 0.14 CAD$
Shares Outstanding 102.4 million
Market Capitalization 14.4 CAD$
Cash and Equivalents C$700,000
Debt 0.0 CAD$
Enterprise Value C$13.7
Cascadero Copper (TSXV: CCD)
SESA Holdings LLC (Nevada)
Salta Exploraciones SA Argentina
100%
50% interest in 46 Mineral Prospects North Western
Argentina 240,000 Has
Ontario Gold Properties (100%)
British Columbia Copper-Gold Properties 100% interest in 31,000
Has
Argentine Property Portfolio
100%
Santa Elina Mines Sao Paulo, Brazil
50-50Joint Venture
ARGENTINE JOINT VENTURE
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MANAGEMENT AND DIRECTORS
• Bill McWilliam (President, Director): Bill has 30+ years experience in the securities industries in research,corporate finance, consulting and underwriting capacities with a focus on the resource sector. He has also managed explorationprograms for junior companies in Newfoundland, Mexico, Canada and Argentina. Bill is responsible for the principal direction ofthe day-to-day operations of Cascadero.
• Julio L. Carvalho (Director): Julio is a director of Rio Grande Mineracao S.A., and formerly president of Peak GoldLtd., director of Goldcorp Inc., Mineracao Onca Puma Ltda, Rio Tinto Brazil Ltda, and Yamana. Currently Executive VicePresident, Central and South America, of Goldcorp Inc and President of Rio Novo Gold (RN-TSX)
• Juvenal Mesquita (Director): Juvenal is a director of Yamana, former president of Mineração Santa Elina S/A, inBrazil and is a director of Santa Elina Mines Corp. He has over 30 years experience in the mining industry.
• Jim Clucas (Director): Jim started his career in mining with INCO (Thompson, Manitoba). He is co-founder and directorof Int. Nickel Ventures (TSXV: INV), director of Great Bear Resources, director of North American Nickel, and President anddirector of Search Minerals Ltd (TSXV: SMY).
• Michael Denega (Director): Presently a personal and corporate tax consultant including mergers,acquisitions, financial restructuring and corporate reorganizations. From 1978 to 1997 Senior Tax Partner for an Internationalaccounting firm.
• John G. Haag (Director): Chartered Accountant from 1975 to 2003 for an International accounting firm. Currently anIndependent Financial Consultant from 2003 to present.
• Raul Chocobar (Chief Geologist): Raul is a director and VP-Exploration of Salta Exploraciones SA with eight yearsexperience with Minera Aguilar (Glencore, CH). Pre-doctoral candidate, has been with SESA for three years.
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CONSULTANTS
• David Trueman: David is a rare metal expert, and experienced world-class exploration geologistand geochemist.
• Mark Fedikow: Mark is a recognized world expert geochemist with a focus on MMI technology
• Ivan Petrinovic: Ivan is a world-class volcanologist, located in Salta, Argentina. Professor ofGeology at Cordoba University and a BHP consultant
• Keith Campbell: Keith is a geologist and a geophysical expert, and manages his own business –Intrepid Geophysics in Vancouver, BC
• George H. Gale: (BA Ed, BSc, MSc, PhD, P.Eng) has worked in mineral deposits studies andexploration since 1964. He has been involved in the discovery of industrial mineral deposits inNewfoundland and Manitoba, volcanogenic massive sulphide (VMS) deposits in Manitoba and acopper-molybdenum deposit in Norway. Dr Gale was VP of Exploration for VMS Ventures Inc from2005-09 and is currently the Interim President and CEO of Namex Explorations Inc. He is member ofthe Professional Association of Engineers and Geoscientists of Manitoba and a Fellow of the Societyof Economic Geologists.
• Nadia Yavorskaya: Nadia spent five years at the Saint-Petersburg State University and obtained aspecialist degree in geology and geochemistry in 1988. Post graduation she worked at the All RussianResearch Institute for 15 years as a member of a geo-scientific team, undertaking geologicalmapping, GIS work, mineralogical and geochemical studies of the far eastern area of Russia. Furtherinformation is available http://gisgeochem.com/index.html. Nadia immigrated to Canada in 2003.
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http://eng.spbu.ru/�http://gisgeochem.com/index.html�
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BUSINESS PLAN – HISTORIC – CURRENT
PHASE ONE – 2003 to 2008– Acquire Property Portfolio– +100 Properties Reviewed– Focused on Large-Scale Mineral Systems– Currently hold 46 Properties– Exploration Cost = ~A$P11 M (~US$3 M) PHASE TWO – 2008 to 2010 – Focus on Highest Present Value Properties – Emphasis on Districts– Option or Purchase Adjoining Properties if Warranted– Do Not Bypass Any Data Layer– Geochemistry – Mapping – Geophysics– Followed by Reconnaissance-Style Diamond Drilling– Exploration Cost = ~A$P22 M (~US$6.5 M) PHASE THREE – 2010 to 2014– Initial Resource Definition– Evaluate– Monetize Resources – Newco IPO – Option Agreements – Sales 6
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2011CASCADERO FOUR PROPERTY FOCUS
2011 ProgramUS$2,400,000 Exploration Program
• SANTA ROSA DISTRICT – LAS BURRAS: Au-Cu-Ag Porphyry – Open pit prospect– 2,800 metres core drilling
• SANTA ROSA DISTRICT – INCAHUASI: Au-Cu-Ag Porphyry – Open Pit prospect– excavator trenching – sampling – 2,800 metres core drilling
• OCULTO DISTRICT: Hi-Sulphidation Au-Ag-Cu-Pb-Zn – Multiple Open pit prospects– excavator trenching – mapping – sampling – IP/Res/Mag geophysics
• OCULTO DISTRICT: Large-Scale Geothermal Energy Potential– IP/Res IP/Res/Mag – CSAMT geophysics – Reservoir definition– Joint Venture
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CHILE – ARGENTINA STRUCTURAL AND PROSPECTING MODEL
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Santa Rosa District Porphyry Au-Ag-Cu
Oculto District Au-Ag-Cu-Pb-Zn
40% of World`s Copper Resource is in NW Chile – Argentine deposits occurs in the same structures
North west trending transverse structures controls mineralization in Chile and Argentina
The large porphyries in Chile are in Jurassic intrusions – NW Argentine porphyries occur in Miocene rocks – Las Burras, Incahuasi Alumbrera and Agua Rica are Miocene intrusions
Note the clusters of deposits and showings in the
transverse structures
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PROPERTY DISTRIBUTION - NORTHWESTERN ARGENTINA
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PROPERTY PORTFOLIO AND FOCUS
PROPERTY PORTFOLIO
• Portfolio ~240,000 Hectares• 2011 focus is on two districts• Both have several mineral
showings• Resource focus • Gold• Copper• Silver• Base Metals• Rare Metal (Cesium)• Geothermal Energy
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25 Exploration Properties
8 Development Prospects
Focus Santa Rosa
Oculto Mineral Districts
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RELATIVE LOCATION OCULTO AND SANTA ROSA DISTRICTS
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SANTA ROSA
DISTRICT
OCULTO DISTRICT
SANTA ROSA
DISTRICT
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PROPERTY TABLE BY AREA AND MINERAL TYPE
PROPERTYTYPE
AREA PROSPECTS START PRIORITY
Porphyry Santa Rosa District
6 ProspectsAu-Ag-Cu
Q1-2011 Las BurrasIncahuasi
Hi-Sulphidation Au-Ag Oculto District
3 ProspectsOculto
Luciana
Q1/Q2/11OcultoLuciana
Geothermal OcultoDistrict
2 ProspectsTocomarLuciana
Q1/Q2/11TocomarLuciana
Hi-Sulphidation Sediment Hosted
Quevar 3 ProspectsAg
Q3/11
IOCG Tolillar 1 ProspectAu-Cu
Q4/11
IOCG-Au-Cu-REE La Sarita 3 Prospects Q4/11
Rare Metal Cs-Rb-Ag OchaquiTaron
3 Prospects NI 43-101
Hi-Sulphidation Incamayo South
1 Prospect Au-Ag
Q4/11
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CHARACTERISTICS OF PORPHYRY DISTRICTS
In many places in the world
copper-gold porphyrydeposits
occur in clusters The Santa Rosa Mineral District
is one of these areas13
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LAS BURRAS – SANTA ROSA DISTRICT
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Las Burras – Porphyry Au-Ag-Cu open-pit bulk mineable prospect potential = > 300 million tonnes
Incahuasi – Porphyry Au-Ag-Cu open-pit bulk mineable prospectpotential = >300 million tonnes
Santa Rosa – Sediment Hosted Hi-grade Au-Ag – open pit bulk tonnage
Las Cuevas – Sediment Hosted Au-Ag-Cu
Ojo Negro – Porphyry Au-Cu-Mo open-pit bulk tonnage
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SANTA ROSA MINERAL DISTRICT
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SANTA ROSA DISTRICT HAS EXCEPTIONAL INFRASTRUCTURE
• Large-scale open pit porphyries produce large volumes of Cu-Au-Fe concentrate that require:
• Railway: to Antofagasta crosses Las Burras property
• Power line: Argentina to northern Chile 500Kv is 15kms south of Las Burras
• Pacific Ocean port: Antofagasta, Chile by rail from Las Burras = 750kms
• Natural gas pipeline Argentina to northern Chile is 10kms south of Las Burras
• National Highway 51 is 10kms south of Las Burras
• Las Burras to Antofagasta Chile is 625kms by road
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LAS BURRAS MAGNETIC ANOMALY Porphyry System is 4,000 metres by 4,000 metres
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1. Geophysics identified a 1,200 metre x 1,600 metre chargeability and resistivity anomaly
2. Highly-anomalous Au-Ag-Cu samples are present from surrounding area
3. Trench and MMI samples confirm high-potential for large-scale mineralized system directly below anomaly
4. The prospect has large-tonnage potential
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LAS BURRAS - GEOPHYSICSINDUCED POLARIZATION INVERSIONS (400 Metre Lines)
Las Burras Geology1. Cu-Au mineralization is
hosted in porphyritic quartz monzonite (Granite)
2. The center of the porphyry is in a alluvium covered valley
3. The Cu-Au system is outlined by intense quartz-sericite-pyrite alteration
4. The central zone is 1,200 metres east-west by 1,600 metres north-south
5. The geophysical anomaly indicates the system is open at a depth >500 metres
Chart at left: Las Burras Resistivity Inversion
Chart at right: Las Burras Chargeability Inversion(UBC Software)
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GEOPHYSICS LAS BURRAS COPPER GOLD PORPHYRY PROSPECT
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• high-chargeability anomaly of ~40–50 mV/V center of the grid over a zone measuring approximately 1,200m north south by 1,600m east west
• strong chargeability anomaly is coincident with a low–resistivity anomaly
• strong magnetic–low is also outlined in the central portion of the grid coincident with the strong conductive chargeable anomaly
• the geophysical data outline a large complex hydrothermal alteration system that is open to depth
(Excerpts from Intrepid Geophysics Las Burras Report June 2010)
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LAS BURRAS MMI GEOCHEMISTRY
A program of Mobile Metal Ions Technology (MMI-M) soil geochemical survey revealed a number of precious-rare earth - and base- metal anomalies. A significant Au-Ag anomaly is marked by coincident elevated Cu-Mo responses The zonation and the distribution of the anomalies suggests there are several different phases of mineralization present on the propertyA follow-up diamond drilling program is recommendedto test the precious metal anomalies
Excerpts from Galex MMI Report
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LAS BURRAS – MMI ANOMALIES PROJECTED FROM TRENCHES AND GEOPHYSICS
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N
ONE KM
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MMI CONVECTIVE TRANSFER MECHANISM
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MMI HYPOTHETICAL ANOMALY PATTERN
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LAS BURRAS MMI RESPONSE RATIOS
Element Au Ag Cu Mo Pb ZnUnites ppb ppb ppb ppb ppb ppbMethod MMI-M MMI-M MMI-M MMI-M MMI-M MMI-Mmin 0.1 1 10 2.5 5 20max 111.7 1493 8659 80 180 2461mean 5.7 102 2731 17 37 891
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Element Au RR Ag RR Cu RR Mo RR Pb RR Zn RR
minimum 0.05 0.23 0.17 0.40 0.44 0.12
maximum 118 84 11 45 71 36
Statistics for the Las Burras MMI data
Resoponse Ration Las Burras MMI data
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LAS BURRAS MMI GEOCHEMISTRYDETAILED ANOMALIES
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LAS BURRAS CONCLUSIONS
• Geological data from surveys by Mansfield Minera 1998, regional studies by Mazzuolicombined with mapping, geochemical and prospecting data by SESA provide evidencefor the existence of a buried porphyry Cu-Au deposit at Las Burras
• Geophysical surveys show a core of high-chargeability and low-resistivity coincidentwith a zone of low-magnetic susceptibility
• The core zone is flanked and partly surrounded by a rim of high-resistivity. Thisconfiguration is consistent with the geophysical signature of a typical Andean porphyrydeposit
• Geological, mapping and geophysical data support the existence of a porphyry coppergold system in the central part of the geophysical grid
• A program of core drilling to test this exploration model is proposed
• (Excerpts from Dr Kenneth M. Dawson, PhD., P.Geo – Las Burras NI 43-101, October 2010)
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INCAHUASI – SANTA ROSA DISTRICT
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Incahuasi – Porphyry Au-Ag-Cu open-pit bulk mineable prospect potential >300 million tonnes
Incahuasi porphyry system covers a larger area than Las Burras
The core magnetic – low is 3,000 metres in diametre
Incahuasi has four separate prospective zones
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GEOPHYSICAL SUMMARY INCAHUASI PORPHYRY PROSPECT
• ground magnetic data outline a large, broad magnetic-low measuring over 3,000m in diameter
• Several strong IP anomalies are present at Incahuasi• amplitude of the chargeability exceeds 50 mV/V on multiple lines and
reaches 88 mV/V• strong chargeability anomaly within valley = 3,000m east west and
400m to 800m north south • second chargeability anomaly southwest of the primary anomaly• southwest extension is located in the hills outside of the main valley• chargeabilities are somewhat lower (20 to 35 mV/V) associated with
low-resistivities and a moderate magnetic-high
• geophysical data appear to map a large complex hydrothermal alteration system at Incahuasi
• (Excerpts from Argali Geofisica Incahuasi Report Aug 2010)
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ARGENTINE COPPER GOLD DEPOSITS COMPARABLES
ARGENTINE PORPHYRY DEPOSITS
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Property Status Tonnes Start-up
(mils)
Au g/tn
Ag g/tn
Cu %
Mo% Gross Ore
Value-TnAlumbrera Producing 752 0.65 N/A 0.51 0.020 US$71Agua Rica Feasibility 798 0.25 3.8 0.49 0.035 US$61
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ARGENTINE COPPER GOLD DEPOSITS COMPARABLE DEPOSIT INFORMATION
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Comparable Items
Bajo de la Alumbrera Las Burras
Geologic Age Middle to upper Miocene Middle to upper MioceneGeographic location Close to eastern border of Catamarca Puna Close to eastern border of Salta PunaGeological location
North - south high-potassium calc-alkaline magmatic belt
North - south high-potassium calc-alkaline magmatic belt
Geological setting
Farallon Negro multiphase magmatic complex
Diego de Almagro multiphase magmatic complex
Terrane Sierras Pampeanas geological terrane Cordillera Oriental geological terraneStructural setting
Eastern expression of Culampaja transverse structure
Eastern expresión of Calama-Olacapato-El Toro transverse structure
Composition Magmatic host rock Magmatic host rockAndesite-Dacite-Rhyolite Diorites-Monzogranites-GranodioritesCalc-alkaline (high-potassium) Calc-alkaline (high-potassium)
Deposit Type Copper – Gold Porphyry Copper – Gold Porphyry
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Comparable Valuation Copper – Gold Porphyry Deposits
Property Tonnes
(mils)
GOV US$/Tn
Paid(mil $)
US$ Tonne
% of GOV
%Cu
%Au
Mt MilliganCanada
706 $27 $650 $0.92 3.4% 52% 48%
Casale (25%)Chile
357 $38 $475 $1.33 3.5% 43% 57%
HaquiraPeru
975 $47 $535 $0.55 1.2% 90% 2%
XietongmenTibet
875 $36 $435 $0.50 1.4% 73% 27%
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Cu-Au PORPHYRY EXPLORATION PROPERTY EVALUATION COSTS
ITEMS US$Geology $300,000Geophysics $400,000Drilling 6,000 metres $1,800,000Reports/Operating Exp $500,000Total $3,000,000
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Copper-Gold Porphyry Reconnaissance Style Exploration
Estimated Cost in US$
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COPPER-GOLD DEPOSIT LEVERAGE
DepositTonnes
(mil)
Discovery US$
Tonne
In Situ US$
Tonne
Value Add %
Value per
Tonne
Increase MCap (mil$)
Leverage Tonne
x $ Cost 200 $0.015 $0.90 35% $0.32 $63 21x300 $0.010 $0.90 35% $0.32 $98 32x400 $0.008 $0.90 35% $0.32 $128 40x500 $0.006 $0.90 35% $0.32 $160 53x
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Resource Definition - Measured and Indicated Completion Cost = Drilling – Engineering – Feasibility – Permitting Estimated ~US$75 millionIncrease in MCap = @ 65% x $0.90 x 400 = $234 millionTime Frame = 3 to 5 YearsTotal Cost = ~US$80 million or US$0.20/Tn Total Potential Return to Prospect = >US$360 million
Reconnaissance Exploration (US$3 Mil) Cost and Value per tonne of Mineralization
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OCULTO MINERAL DISTRICT
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SANTA ROSA
DISTRICT
OCULTO DISTRICT
SANTA ROSA
DISTRICT
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OCULTO PROPERTYSEDIMENT HOSTED HIGH SULPHIDATION Au-Ag-Cu-Pb-Zn
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IT IS RARE TO FIND A MINERAL DISTRICT WITH POTENTIAL FOR TWO TYPES OF MINERAL SYSTEMS
OCULTO IS ONE OF THESE
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OCULTO HIGH –SULPHIDATION GOLD – SILVERBASE METAL SYSTEM
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One Km
N
OCULTO – EXCEPTIONAL POTENTIAL FOR BULK TONNAGE GOLD – SILVER – COPPER RESOURCES
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OCULTO DISTRICT
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SESA
SESA
SESA
SESA
SESA
Corridor to CHILEPower and Gas Lines
Railway and National Hwy
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OCULTO DISTRICT TOCOMAR GEOTHERMAL
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GEOTHERMAL ENERGY
1.Located on the Calama-Olacapato-Toro transverse structure (COT)2.“orange” is extent of argillic alteration = hydrothermal system at depth 3.“red” dots are the recent volcanic centres4.faint gradient lines are a gravity survey5.center of anomalies is in the fault zones
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TOCOMAR GEOTHERMAL PROJECT
Prospect geology– Available geological and
geophysical data identified two potential geothermal areas for further exploration:
Vega de Tocomar and Alto Tocomar
Recommended Program– geophysical surveys CSAMT and
IP/Res and geochemistry– delineate the shape and depth of
recharge zones and the source of heating
– Slim hole drilling – Reservoir analysis – Joint Venture
Magma
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OCULTO MINERAL DISTRICT
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EXCEPTIONAL INFRASTRUCTURE• 500Kv power line Argentina to northern Chile passes through the property
• Railway to the Pacific Ocean port city of Antofagasta, Chile passes through the Oculto property
• Natural gas pipeline Argentina to northern Chile passes through Oculto property
• Argentine national highway 51 from Oculto to Antofagasta, Chile passes through Oculto property
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HYPOTHETICAL ECONOMICSGEOTHERMAL PROPERTY
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1. PRODUCTION CAPACITY = 50 MEGAWATTS (MW)2. EXPLORATION AND DEVELOPMENT EXPENSE =US$90 million3. POWER PLANT AND FACILITIES = US$100 million4. WORKING CAPITAL = US$10 million5. TOTAL CAPEX = US$200 million
FINANCIAL PRO-FORMA (95% CAPACITY- ZERO DEGRADATION)
1. REVENUE @ 12 cents per Kwh = US$100 million2. OPERATING COST @ 3 ½ cents per Kwh = US$29 million3. OPERATING MARGIN = ~US$70 million per year
• GEOTHERMAL ENERGY PRODUCES 3 TIMES MORE ENERGY THAN SOLAR, WIND OR RUN-OF-RIVER HYDRO PER INSTALLED MW
• POWER PURCHASE AGREEMENT (30 YEARS) POSSIBLE CHILE OR ARGENTINA OR LARGE MINING COMPANY
• PENSION FUND OR GOVERNMENT CORPORATE FINANCING IS POSSIBLE
• EXCELLENT ARGENTINE FEDERAL SUPPORT AND TAX INCENTIVES
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DEPOSIT DISCOVERIES TO DATE
Castor-Quevar Silver Prospect– Optioned To Golden Minerals in 2006 with +275 Drill Holes – Probable >100 Million Ounce Silver Resource– Silver Grade = 330 g/tn = 11 Ounces Silver >US$300/Tn– Probably Argentina's Next Silver Mine – SESA holds a 1% NSRTARON – Cesium – Rubidium – Silver – Zinc– 7 Widely Spaced Drill Holes in 2009– 43-101 in Planning Stage (Dave Trueman)– Large Sediment Hosted Epithermal Cesium (Rare Metal) Deposit– Low-Cost Open-Pit Setting – Mineralization Leaches with Sulphuric Acid – Probable Largest Resource of Cesium in the World– Deposit is Highly-Anomalous in 16 Metals– SESA Controls Four More Geologically Similar Properties
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CASCADERO COPPER PRESENTATION SUMMARY
POTENTIAL 10X INCREASE IN CASCADERO MARKET CAPITALIZATION IN 2011
COMPILATION AND INTERPRETATION GEOLOGICAL MAPPINGZONING OF OUTCROP ASSAYSSTYLE OF MINERALIZATION GEOCHEMISTRYIP/RES/MAG GEOPHYSICS
SUPPORTS THE PRESENCE OF LARGE – SCALE COPPER – GOLD
SYSTEMS AT LAS BURRAS AND INCAHUASI42
Slide Number 1DISCLOSURE – FORWARD LOOKING STATEMENTSCOMPANY AND CORPORATE STRUCTURE MANAGEMENT AND DIRECTORSCONSULTANTSBUSINESS PLAN – HISTORIC – CURRENT 2011�CASCADERO FOUR PROPERTY FOCUSCHILE – ARGENTINA STRUCTURAL AND PROSPECTING MODELPROPERTY DISTRIBUTION - NORTHWESTERN ARGENTINAPROPERTY PORTFOLIO AND FOCUSRELATIVE LOCATION �OCULTO AND SANTA ROSA DISTRICTSPROPERTY TABLE BY AREA AND MINERAL TYPECHARACTERISTICS OF PORPHYRY DISTRICTSLAS BURRAS – SANTA ROSA DISTRICTSANTA ROSA MINERAL DISTRICTLAS BURRAS MAGNETIC ANOMALY �Porphyry System is 4,000 metres by 4,000 metresLAS BURRAS - GEOPHYSICS�INDUCED POLARIZATION INVERSIONS (400 Metre Lines)GEOPHYSICS LAS BURRAS �COPPER GOLD PORPHYRY PROSPECTLAS BURRAS MMI GEOCHEMISTRY LAS BURRAS – MMI ANOMALIES PROJECTED �FROM TRENCHES AND GEOPHYSICS MMI CONVECTIVE TRANSFER MECHANISMMMI HYPOTHETICAL ANOMALY PATTERNLAS BURRAS MMI RESPONSE RATIOSLAS BURRAS MMI GEOCHEMISTRY�DETAILED ANOMALIES LAS BURRAS CONCLUSIONSINCAHUASI – SANTA ROSA DISTRICT�GEOPHYSICAL SUMMARY INCAHUASI PORPHYRY PROSPECT�ARGENTINE COPPER GOLD DEPOSITS � COMPARABLES ARGENTINE COPPER GOLD DEPOSITS � COMPARABLE DEPOSIT INFORMATION Comparable Valuation �Copper – Gold Porphyry DepositsCu-Au PORPHYRY EXPLORATION �PROPERTY EVALUATION COSTSCOPPER-GOLD DEPOSIT LEVERAGE OCULTO MINERAL DISTRICTOCULTO PROPERTY�SEDIMENT HOSTED HIGH SULPHIDATION Au-Ag-Cu-Pb-Zn OCULTO HIGH –SULPHIDATION GOLD – SILVER�BASE METAL SYSTEMOCULTO DISTRICTOCULTO DISTRICT �TOCOMAR GEOTHERMALTOCOMAR GEOTHERMAL PROJECTOCULTO MINERAL DISTRICTHYPOTHETICAL ECONOMICS�GEOTHERMAL PROPERTYDEPOSIT DISCOVERIES TO DATE CASCADERO COPPER �PRESENTATION SUMMARY