15 september 2009 1 the source of gold exploration projects in colombia
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15 September 2009 1www.grupodebullet.com
The source of gold exploration projects in Colombia
15 September 2009 2www.grupodebullet.com
Grupo de Bullet
20 years exploration and mining
experience
Diversified minerals portfolio
Focus on Au
60 projects , +4.5 million hectares
Privately held
Ground floor project participation
opportunity
15 September 2009 3www.grupodebullet.com
Why Colombia?
Au potential drawing increasing junior
interest
Major Au deposits discovered
Antioquia means mountain of gold
15 September 2009 4www.grupodebullet.com
Management team
Robert Allen Founder and President20 years experience in Colombian Au mining and exploration
James Felton VP Business Development ????????????????????
Miller O’Prey VP ExplorationProfessional geologist and NI 43-101 qualified personTen years experience including four in ColombiaExplored Quintana Au Mine for Cambridge Mineral Resources
15 September 2009 5www.grupodebullet.com
Bullet Precious Metals
Strong Au exploration project pipeline
Successful Au exploration track record
Vended projects to several companies
100% owned properties
Exploration work completed to NI 43-101
standards
Bogotá
Calí
Medellín
Cartagena
15 September 2009 6www.grupodebullet.com
Darién Project
Target
Large porphyry Au-Cu deposits as found in
Panama
Background
c. 140,000 Ha
Surrounds Anglo American’s Acandí
project
Six high priority targets identified
Outcrop samples up to 1.62 g/t Au and
0.56% Cu
Technical report to NI 43-101 standard
completed
15 September 2009 7www.grupodebullet.com
Darién Project
Spend to date
US$400,000
Seeking
US$2.5 million spend over 12-18 months to
complete first phase drilling
Cash and stock payment for expenditure to
date
Offering
Vend property into shell and give majority
stake
15 September 2009 8www.grupodebullet.com
Caramanta Project
Target
Porphyry Au and high-grade vein-style
mineralization
Background
Up to 3 g/t Au in outcrop
c. 20,000 Ha
Located between Marmato and Quebradona
deposits
Similar geological terrain
Technical report to NI 43-101 standard
completed
15 September 2009 9www.grupodebullet.com
Caramanta ProjectSpend to date
US$200,000
Seeking
US$2.5 million spend over 12-18 months to
complete first phase drilling
Cash and stock payment for expenditure to
date
Offering
Vend property into shell and give majority
stake
15 September 2009 10www.grupodebullet.com
Antioquia Batholith Project
Target
“Mesothermal” Au system similar to
Gramalote (B2Gold) and Cisneros (Antioquia
Gold)
Background
c. 50,000 Ha
Up to 36 g/t Au from historic mines
Technical report to NI 43-101 standard
completed
15 September 2009 11www.grupodebullet.com
Antioquia Batholith ProjectSpend to date
US$50,000
Seeking
US$600,000 spend over 12-18 months to get
drill ready
Cash and stock payment for expenditure to
date
Offering
Vend property into shell and give majority
stake
15 September 2009 12www.grupodebullet.com
Future Funding
Many local and international firms
interested in obtaining Au properties in
Colombia
Local and international firms
discussing funding opportunities
JV and strategic options under
evaluation
15 September 2009 13www.grupodebullet.com
Jim Felton, VP Business DevelopmentOffice: +57 4 354 2444; Cell: +57 320 632 2296; Email: [email protected]
A Unique Mineral Explorationand Development Opportunity