cuoro corporate presentation - march 2012

PDAC – March 2012

“On track to become Colombia's first Copper Producer”

Forward-looking statements: This report includes certain statements that may be deemed forward-looking. All statements in this release, other than statements of historical facts, that address futureproduction, reserve potential, exploration drilling, exploitation activities and events or developmentsthat the company expects, are forward-looking statements. Although the Company believes theexpectations expressed in such forward-looking statements are based on reasonable assumptions,such statements are not guarantees of future performance and actual results or developments maydiffer materially from those in the forward looking statements. Factors that could cause actual resultsto differ materially from those in forward-looking statements include market prices, exploitation andexploration successes, availability of capital and financing, and general economic, market or businessconditions. Investors are cautioned that actual results or developments may differ materially fromthose projected in the forward-looking statements.

The information contained in this presentation has been prepared under the supervision of MichaelRowland, P.Geo., who is designated as a "Qualified Person" with the ability and authority to verify theauthenticity and validity of the data.

Forward LookingStatement

2www.CuOroResources.comMarch 2012

3www.CuOroResources.com

Cuoro Resources• Developing two projects in Colombia– Santa Elena Copper Project located in Antioquia• 25,000 m drill program underway (4 drills on-site)• 42 drill holes and over 8,000m completed with 18 holes mineralized• Best hole SEDDH-39 returned 102.9 m at 1.44% copper including 14 m at

2.9% copper– Barranco de Loba Gold Project located in Sur de Bolivar• Surface exploration program underway

• Raised $25M during 2011 ($10M at $1.00 and $15M at $2.00)• Company is well financed with $17M in the treasury• Experienced technical and management team that reside in Medellin

Our focus for 2012:1. Advance drilling, studies and resource development of the Santa Elena Project2. Advance surface exploration of the Barranco de Loba Project3. Identify and acquire new assets in Colombia with a focus on copper and gold

March 2012

• Shares Outstanding 29,290,000• Fully Diluted 38,831,817• Working Capital ~$17 million• Market Capitalization ~$50 million

– Share Price $1.65 (Feb 29, 2012)

• Options 2,201,817– $0.52 expiry Nov 16, 2013 1,171,817– $1.00 expiry April 2014 1,030,000

• Warrants 7,340,000– $1.20 expiry April 2013 4,000,000– $2.50 expiry May 2013 3,340,000

• Significant Holders– Insider/Founder Ownership~35%– HudBay Minerals ~13%

Symbol TSX-V: CUA

Cuoro Share Structure

4www.CuOroResources.comFebruary 2012


Management & BOD

March 2012

Robert Sedgemore, President & CEO and Director– Mr. Sedgemore has over 25 years of international operating and project experience in senior management positions

for engineering, procurement and construction management companies and junior exploration and mining operations– Previously Mr. Sedgemore was working with the International Finance Corp.(IFC), the private sector of World Bank as

the senior industry mining specialist providing technical and economic valuation on global mining investments– Past experience includes chief engineer for Zaldivar, a Placer Dome operation, and chief engineer for BHP at Minera

Escondida, the world's largest copper mine, where he was involved in several brownfield expansion projects withproject values in excess of $1-billion (U.S.)

Nick DeMare, CFO and Director– President of Chase Management Ltd, which provides services to public companies engaged in mineral exploration and

development. Mr. DeMare is also currently an officer or director of Mirasol Resources, Tasman Metals and Batero Gol

John Seaman, Director and Chairman of Audit Committee– Mr. Seaman has been involved with several successful mining projects and is currently the CFO for Premier Gold

Mines. Previously held the position of CFO of Wolfden Resources Inc. & Pediment Resources until their sale

Jorge Alberto Uribe– Former Minister of Defense for Colombia– Provides consultation on security and business strategy for Colombia


Technical Personnel

March 2012

Michel Rowland, QP and Consulting Geologist for 43-101– AUSMIN registered Professional Geologist and Qualified Person for the Santa Elena project with over

40 years experience in South America specializing in base metals. Several major discoveries includingQuimsacocha multi-million ounce gold deposit in Ecuador

Andy Pystynen, Technical Manager for CuOro– Professional Geoscientist with 15 years experience working in Chile, Peru, Colombia and Argentina.

He has worked on over 300 mining projects as a senior geophysicist for a leading internationalconsulting company

– Andy manages our geophysics exploration programs and project development, he is fluent in Spanishand lives in Medellin

Jorge Gaviria, Senior Geologist for CuOro– Professional Geologist with 15 years experience with a Masters in Mineral Resource Exploration and

Evaluation, he is a national of Colombia, bilingual and resides in Medellin– Jorge has worked as senior geologist at the Roble mine Colombia's only producing copper mine (VMS

deposit) and Colombia Gold and Frontino Gold Mines responsible for exploration, resourcedevelopment, and mine planning and production


Project Locations

Medellin

Santa ElenaCopper Project

Barranco de LobaGold Project

March 2012


Option to earn 100% of the Santa Elena project• 1,287.5 ha located in the province of Antioquia, 120km north east of

Medellin• Historical TEM survey conducted by Noranda in 1997 identified a

significant high conductive anomaly extending 900m long by 500m wide• Mineralized outcrops extend approximately 10 to 15m high by 10m wide

over 70m in length (TEM1)• Excellent infrastructure, power, water, and paved road to site• 25,000 m exploration diamond drill program started in July 2011– Four DD rigs on site drilling HQ core (rigs 3 and 4 arrived in January 2012)– 42 holes completed to date with over 8,000 m drilled– 18 drill holes with mineralization have returned excellent results:

• SE-DDH-5: 40 metres of 2.8% Cu and 1% Zn including 10 metres of 5.32% Cu• SE-DDH-39: 102.9 metres of 1.44% Cu including 14 metres at 2.9% Cu

Santa Elena

March 2012

Santa Elena Outcrop


Hydro electric dam Switch yard 5km from site


Paved Road to Santa Elena Property Gate 2 Lane Bridge – Crossing the Porce River

Santa ElenaInfrastructure

March 2012


Santa ElenaConcessions

March 2012

• The Santa Elena project is containedin 2 mining concessions totalling1,287.5 ha

• Historical TEM survey conducted byNoranda identified a significant highconductive anomaly extending 900mlong by 500m wide

• The mineralization is primarilycomposed of chalcopyrite,pyrrhotite, and pyrite

• The Santa Elena project has beenclassified as a Beshi-Type VMSdeposit based on geological andgeochemical characteristics.

1,2,3,4,5,6,7

42

39, 41, 43

8,9,10,12,14,16

38,40

32,34,36

18,20,22,24,26,28,30

27,29,31,33,35,37

11,13,15,17,19

21,23,25

North

New Outcrops

TEM 1(Outcrop)

TunnelEntrance

TEM 3(Outcrop)

TEM 2(Outcrop)

TEM 4(Outcrop)

100 m

Drill Pad Locations


DrillResults

13www.CuOroResources.comMarch 2012 www.CuOroResources.com

Historical TEM Survey


• Transient ElectromagneticSurvey identifies conductivetargets such polymetallic andmassive sulphide bodies.

• IP detects the disseminated/stringer zones which constitutethe footwall.

• It will identify the lower-gradeparts of the system, but doesnot detect the massive sulfides.

SEDDH - 25

IP SURVEY



• The Drilling Program for SantaElena during 2012 willsystematically test the strikelength of the IP, and TEM 1 andTEM 2 anomalies, initially at 100meter centers.

• Down-hole EM surveys will beconducted on each hole todetermine the strike direction andcontinuity of the massive sulphidemineralization.

• We have completed 42 drill holesand 8,000m of drilling to date ofour 25,000m program

Drill Program

March 2012

Air BorneMagnetic Survey


Drill Area

Priority Target Area

SEDDH - 25

Technical note by James Franklin

• Given the abundance of stringer mineralization inTEM 1 and TEM 2 and the SEDDH-025, and therelatively weak Na depletion to the north (holesSEDDH 11,13,15 17 and 19), the best sulfides may beto the south of SEDDH-25.

• In addition to the high priority target area south ofSEDDH-25 both TEM 1 and TEM2 are significant VMSoccurrences.

• It is reasonable to expect that the Santa Elena districtwill contain several deposits, with one giant deposits(greater than 30 million tonnes) and one or two mid-sized deposits (10-15 million tonnes) and severalsmaller deposits (3-5 million tonnes each).

Santa Elena2012 Work Program


Santa Elena Budget for 2012 - $9M USD

Option to earn 100% of the Barranco de Loba project• The Barranco de Loba Project (Barranco) is located approximately 35 kilometers

due south of the town of Barranco de Loba in Sur de Bolivar, Colombia.• Barranco comprises one mining concession (IEV-16061), having a total area of

3,976 hectares.• Early staged project– Surrounds the Gloria mine with 2,000 artesian miners

• We have identified a gold geochemical anomaly that continues over 5 km• Sample results of some of the underground workings returned assay values up to

87.5 g/t gold– Talide 2 vein at 87.5g/t Au– Jerez 3 vein at 21.5 g/ Au– Las Aguacate 2 vein at 19.0 g/t Au– Nuvia vein at 17.3 g/t Au– Saballanes 3 vein at 12.9 g/t Au– Saballanes 1 vein at 6.7 g/t Au

Barranco de Loba


Sample Locations


Barranco de Loba2012 Work Program


Barranco Budget for 2012 - $1M USD

Drilling at Santa Elena


New Adits discoveredat Santa Elena


New Outcrops discoveredat Santa Elena


Man Portable4th drill rig arrives at site


Down Hole EM Survey


Santa Elena Field Team


Local Priest Blessingour Project


Cuoro Logging andStorage Facility


Drill Core SEDDH-5


Including: 40m at 2.8 % Cu

Drill Core SEDDH-6


Including: 1m at 17.97% Cu, 3.75 g/t Au, 94 g/t Ag and 1.35% Zn

cuoro corporate presentation - march 2012

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