ipo presentation november 2011. september 2011 2 vms districts net values wabassi image from hudbay...

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IPO Presentation November 2011

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Page 1: IPO Presentation November 2011. September 2011 2 VMS Districts Net Values Wabassi Image From HudBay Corporate Presentation Exploration Program Review,

IPO PresentationNovember 2011

Page 2: IPO Presentation November 2011. September 2011 2 VMS Districts Net Values Wabassi Image From HudBay Corporate Presentation Exploration Program Review,

September 2011

2VMS Districts Net Values

Wabassi

Image From HudBay Corporate PresentationExploration Program Review, Dec. 15, 2010

Major Successes

Rising Corporations

Page 3: IPO Presentation November 2011. September 2011 2 VMS Districts Net Values Wabassi Image From HudBay Corporate Presentation Exploration Program Review,

September 2011

3Location

180 km south of Ring of Fire

170 km north of railhead at Nakina, Ontario

OntarioWabassi:

Proposed Rail link

Wabassi

Page 4: IPO Presentation November 2011. September 2011 2 VMS Districts Net Values Wabassi Image From HudBay Corporate Presentation Exploration Program Review,

September 2011

42011 VTEM – Preliminary Targets

A2

Anomaly ENew Exploration Camp Location

Page 5: IPO Presentation November 2011. September 2011 2 VMS Districts Net Values Wabassi Image From HudBay Corporate Presentation Exploration Program Review,

September 2011

5Assay Results

Anomaly E Long Run Price

Zn $

0.60 / lb

Ni $

5.00 / lb

Cu $

1.50 / lbAg $ 16.00 / OzAu $ 750.00 / Oz Drill Hole From (m) To (m) Interval (m) Ag (g/t) Cu% Ni% Zn% Au (g/t) $/ton Value

Page 6: IPO Presentation November 2011. September 2011 2 VMS Districts Net Values Wabassi Image From HudBay Corporate Presentation Exploration Program Review,

September 2011

62011 VTEM – EM - New Targets (Scales Equal)

Block 2 VTEMBlock 3 VTEM

Anomaly ‘E’ VMS Discovery-20112010 VTEM Survey

Size Comparison & Location, Referencing

New VTEM Targets – Blocks 2 & 3

**Note: Based on ground & downhole geophysics & drilling (4 holes) the

mineralization contained within Anomaly E is 650m in length,

averages 24m thick, and is open along strike in both directions and at

depth!!Anomaly “E” VMS Discovery

A-2 VMS Discovery

Page 7: IPO Presentation November 2011. September 2011 2 VMS Districts Net Values Wabassi Image From HudBay Corporate Presentation Exploration Program Review,

September 2011

7Capital Structure

Directors, 7.6 (6 are es-crowed)

F&F; 12.965

Zimtu; 2.02

WPX; 2.02

Investors; 12.76

NRN; 0.3

DHRC SHARES (in millions)

*as of July 31, 2011

Common Shares Issued 38,475,000

Fully Diluted 45,575,000

Investment Assets $1,525,200

Cash $803,149*

WPX Debenture $4,450,000

Converts at IPO Price

Shares and Assets