Advancing the latest IOCG discovery in Chile
CORPORATE PRESENTATION
MARCH 2024
TSXV: TRBC
Forward Looking Statements and Disclaimer
This corporate presentation and the information contained herein (the "Presentation") is proprietary and for authorized use o nly. It is being provided for the use of prospective investors with the express understanding that, without the prior permission in writing from Tribeca Resources Corporation (the "Company"), the investor will not copy this Presentation or any portion of it or use any information contained herein for any purpose other than evaluating a potential investment in securities of the
Company.
This Presentation provides general background information about the activities of the Company. Information disclosed in this Presentation is current as of August 29, 2023, except as otherwise provided herein and the Company does not undertake or agree to update this Presentation after the date hereof. All information is derived solely from management of the Company and otherwise publicly available third-party information that has not been independently verified by the Company. Further, it does not purport to be complete nor is it intended to be relied upon as advice (legal, financial, tax or otherwise) to curren t or potential investors. Each prospective investor should contact his, her or its own legal adviser, independent financial adviser or tax adviser for legal, financial or tax advice. Recipients of this Presentation who are considering acquiring securities of the Company are referred to the public filings made by the Company with Canadian securities regulatory authorities, which are
available under the Company's SEDAR profile at www.sedar.com.
This Presentation contains forward-looking statements or forward-looking information under applicable Canadian securities laws (hereinafter collectively referred to as "forward-looking statements") concerning the Company's plans for its properties and mineral projects, financial results, operations and other matters. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of fact and may be forward-looking statements. Such forward-looking statements are made as of the date of this Presentation or as of the date of the effective date of information described in this Presentation, as applicable.
Further, these forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual
results to differ materially from those expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Filing Statement of the Company dated as of October 24, 2022 which is available for view under the Company's profile on SEDAR at www.sedar.com.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from th ose 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 information will prove to be accurate, as actual results and future events c ould differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking statements contained in this Presentation or in certain of the other documents on file with Canadian securities regulatory authorities, which are available on the Company's SEDAR profile at www.sedar.com. The Company and its directors, officers and employees each disclaim any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable law. Accordingly, readers should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.
An investor should read this Presentation with the understanding that the Company's actual future results may be materially different from what is expected.
This Presentation also contains or references certain industry and peer group data which is based upon information from independent industry publications and other publicly available sources. Although the Company believes these sources to be generally reliable, such information is subject to interpretation and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data gathering process and other inherent limitations and uncertainties. The Company has not independently verified any of the data from third party sources referred to in this Pr esentation and accordingly, the accuracy and completeness of such data is not guaranteed.
Technical aspects of this Presentation have been reviewed and approved by Paul Gow, a designated Qualified Person (QP) under National Instrument 43-101.
This document is not an offer of securities for sale in the United States or in any other jurisdiction. The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities
Act") or any state securities laws and may not be offered and sold in the United States except pursuant to an exemption from the registration requirements of the U.S. Securities Act.
This Presentation includes historical results from exploration activities conducted by other parties and taken from various sources. The Company has not undertaken any independent investigation of the sampling, nor has it independently analyzed the results of the historical exploration work in order to verify the results. The Company considers this historical data to be relevant as the Company will use this data as a guide to plan future exploration programs. The Company also considers the data to be reliable for these purposes, however, the Company's future exploration work will include verification of the data through drilling.
Additional information concerning the Company's La Higuera IOCG Project is included in the technical report titled: Independent NI 43-101 Technical Report on the La Higuera IOCG Project, a copy of which is available under the Company's SEDAR profile at www.sedar.com.
No securities regulatory authority or regulator has reviewed this document. Any representation to the contrary is an offence.
The need for copper
THE NEED FOR COPPER
Copper is essential for the modern world
An average advanced-country human consumes 10-15 kg of copper per year1
Household electronics:
A/C, refrigerator,
TV, microwave
Consumer electronics:
smartphones
Construction:
residential and
industrial
Electrical
infrastructure:
power grid, transmission, transformers, traffic lights
Transportation:
cars, airplanes, trains
1 South Korea (15kg) , United States (12 kg), Japan (10kg) used as proxies. Source: Ahead of Heard and Minerals Education Coalition | 4 |
THE NEED FOR COPPER
Copper plays pivotal role in green energy transition
Near doubling of annual consumption expected by 2040
2020 Organic Wind | Solar Electric | Other | EVs | ICE | EV | Grid- | 2040 |
demand | sub | power | vehicles chargers | related | AET -1.51 | ||
growth | stations | gen | |||||
sources | |||||||
"Demand for copper - already on a rising trend - is arguably set to explode
as the energy transition takes hold.
- Wood Mackenzie, Julian Kettle Sr. V.P. Metals and Mining Apr. 2021
"
Source: Wood Mackenzie "Copper's critical role in achieving net zero" Oct 2022:
1 "AET-1.5" represents the scenario of an accelerated energy transition that assumes the world will decarbonize over the period to achieve global net zero emissions and limit the rise in temperature to 1.5 °C
Note: Organic demand growth refers to base case demand from other sectors (construction, appliances etc.) that have not been modelled under "AET-1.5" in this analysis. | 5 |
Introduction to Tribeca Resources
INTRO TO TRIBECA
We are a copper exploration company focused on discovering and developing future mines in the Chilean Coastal IOCG belt
Science- | Experienced |
team with | |
driven | leading IOCG |
expertise |
Prolific | Recent and |
Chilean | |
growing | |
Coastal IOCG | |
discovery | |
Belt | |
People and | Building |
planet | portfolio via |
conscious | consolidation |
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INTRO TO TRIBECA
Highly Aligned* Management Team
Exceptional track-record in Latin American copper, exploration, finance and M&A
Team Member | Background | Notable Experience |
Dr. Paul Gow | Geologist | Former Glencore GM Projects/Exploration |
CEO, Director | 25+ years experience | Geologist with extensive experience in mineral exploration and project development. World-leading |
PhD in IOCG deposits | expertise with iron oxide copper-gold (IOCG) deposits - led exploration and development programs in all | |
four major IOCG provinces. Formerly General Manager of Xstrata Copper's Frieda River project and Director | ||
Brazil Exploration based in Belo Horizonte/Carajás (led Pedra Branca discovery team - now in production) | ||
Thomas Schmidt | M&A / Finance | Former Glencore GM Finance / M&A |
President, Director | 20+ years experience | M&A professional with global experience and a strong focus on Latin America. Previously based in Santiago, |
Chile, Thomas originally joined Xstrata in London in 2003 as a member of the Corporate Development team, | ||
coming from J.P. Morgan. Prior to co-founding Tribeca Resources, he gained investing experience with | ||
Barclays Natural Resource Investments in Qatar. Formerly Xstrata General Manager Finance responsible for | ||
financial oversight of the Collahuasi and Antamina copper mine joint ventures in Chile andPeru respectively. | ||
Nick DeMare | Finance | CFO and director of several Canadian listed junior explorers |
CFO, Director | 30+ years experience | President and principal of Chase Management Ltd., a provider of administrative, management and financial |
services to a range of growth companies. For over 20 years, Mr. DeMare has assisted numerous companies |
in making the transition from the private to public stage and arranging and participating in equity and debt financing. Mr. DeMare is currently a director and/or officer of a number of public companies listed on the Toronto Stock Exchange and the TSX Venture Exchange. Mr. DeMare was previously with PWC.
* Management holds a combined 34% equity interest in the company
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INTRO TO TRIBECA
Experienced Independent Directors
Diverse capabilities, with deep mining, investing and company-building experience
Team Member | Background | Notable Experience |
Luis Tondo | Metallurgy & | Mining Engineer with extensive operating background in Latam |
Director, | engineering | Junior and major company operating experience across Latin America. Former COO and CEO, President & |
Compensation | 30+ years experience | Director at Marimaca Copper (TSX) 2017 - 2021. Earlier COO at three mid-tier copper and gold producers |
& Governance | in Chile, Uruguay and Brazil. Developed multi-million-dollar capital projects for Kinross Gold in Brazil and | |
Committee | Chile, and 16 years in operations roles with Rio Tinto in Brazil. Fellow of AUSIMM and a QP NI 43-101 | |
Chair | purposes for Mineral Projects. Bachelor's from Universidade Federal do Rio Grande do Sul; Master of | |
Engineering Science from the University of Queensland; and an MBA from the Fundacao Dom Cabral. | ||
Derrick Weyrauch | Finance, restructuring | CPA with finance, M&A, risk management, corporate restructuring and turnaround experience |
Director, | & company building | Experienced corporate director and executive of listed issuers spanning exploration, development and |
Audit | 30+ years experience | operating mining companies including Chile, Peru Brazil, Finland and Canada. Currently CEO & Director of |
Committee | Palladium One Mining Inc., Chairman of Nortec Minerals Corp., Co-founder and former director of Magna | |
Chair | Mining Corp. Other past directorships include Cabral Gold Inc, Eco Oro Minerals Corp., Jaguar Mining Inc. | |
and Banro Corp. CPA CA designation obtained with KPMG LLP; member of CPA Canada and the Institute of | ||
Corporate Directors; Honours B.A. in Economics from York University. | ||
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INTRO TO TRIBECA
Recent accomplishments and next steps
Key accomplishments | |
2017 - 2022 | Completed 4 property acquisitions in the "La Higuera" mining district in Chile (privately funded) |
Feb '22 | Completed a C$2.6 million private placement financing |
Nov '22 | Listed on TSX-V via reverse take-over transaction with cash shell (~C$600,0001) |
Nov '22 - Feb '23 | Geophysics and Phase 1 drilling program (9 holes for ~2,800m) at Gaby and Chirsposo |
Jan-May '23 | Phase 1 drill results including 268 metres at 0.66% Cu and 0.14g/t Au in first hole and |
264m @ 0.31% Cu, 0.06g/t Au (incl. 44m @ 0.52% Cu, 0.10 g/t Au) in 500m step-out hole | |
Jun '23 | Compilation of Gaby geological model; surface follow-up of earlier stage targets on licence package |
Aug '23 | Raised C$3.3M via non-brokered private placement |
Oct '23 - Feb '24 | Phase 2 drilling program (10 holes for ~3,800m) at Gaby |
Next steps | |
Q1-Q2 '24 | Receipt of remaining Phase 2 drill hole assays, interpretation and Phase 3 planning |
Ongoing | Seeking consolidation opportunities |
1 Approximate reported cash balance at last reported quarter (30 September 2022) prior to RTO Transaction (27 October)
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Disclaimer
Tribeca Resources Corporation published this content on 29 February 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2024 15:36:13 UTC.