la higuera / caballo blanco - .la higuera / caballo blanco - chile an important historical i.o.c.g


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  • LA HIGUERA / CABALLO BLANCO - CHILEAn Important Historical I.O.C.G. Mining Center

    330 Bay Street, Suite 820

    Toronto, Ontario M5H 2S8

    (416) 907-7363


  • Forward Looking Statements

    This presentation contains, or incorporates by reference, forward-looking information within the meaning of applicable Canadian securities legislation. Forward-

    looking information may include , but is not limited to, statements with respect to the future financial and operating performance of Azul Ventures Inc. and its

    subsidiaries, and its mineral properties, the future price of copper and other metals, the estimation of mineral resources, results of exploration activities and studies,

    the realization of mineral resource estimates, exploration expenditures, costs and timing of the development of new deposits, the acquisition of additional mineral

    resources, the results of future exploration and drilling, timing of economic and scoping-level studies, costs and timing of future exploration of the La Higuera and

    Caballo Blanco Projects, requirements for additional capital, managements skill and knowledge with respect to the exploration and development of mining properties

    in Chile in general and the relevance of that knowledge to the projects, government regulation of mining operations and exploration operations, timing and receipt of

    approvals and licences under mineral legislation, environmental risks and title disputes or claims and limitations of insurance coverage. In certain cases, forward-

    looking statements can be identified by the use of words such as plans, expects, is expected, budget, scheduled, estimates, forecasts, intends,

    anticipates or believes, or variations (including negative variations) of such words and phrases, or state that certain actions, events or results may, could,

    would, might or will be taken, occur or be achieved.

    Azul has not independently verified the historical drilling results on Caballo Blanco, and thus the drilling results should not be relied upon by shareholders, potential

    investors or any other individual or company. Azul is only using this historical information to assist with the planning and prioritization of exploration targets.

    Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of

    Azul Ventures Inc. to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such

    factors include, among others, risks associated with the Companys dependence on the La Higuera and Caballo Blanco Projects; the Companys limited operating

    history; general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; risks associated with

    dependence on key members of management; conclusions of economic evaluations and studies; currency fluctuations (particularly in respect of the Canadian dollar,

    the United States dollar and the Chilean peso and the rate at which each may be exchanged for the others); future prices of copper and other metals; uncertainty in

    the estimation of mineral resources, exploration and development risks; infrastructure risks; inflation risks; defects and adverse claims in the title to the projects;

    accidents, political instability ,insurrection or war; labour and employment risks; changes in government regulations and policies, including laws governing

    development, production, taxes, royalty payments, labour standards and occupational health, safety, toxic substances, resource exploitation and other matters; delays

    in obtaining governmental approvals or financing or in the completion of development or construction activities; insufficient insurance coverage; the risk that dividends

    may never be declared; and liquidity and financing risks related to the global economic crisis. Such forward-looking statements are based on a number of material

    factors and assumptions, including: that contracted parties provide goods and/or services on the agreed timeframes; that on-going contractual negotiations will be

    successful and progress and/or be completed in a timely manner; that no unusual geological or technical problems occur; that plant and equipment work as

    anticipated and that there is no material adverse change in the price of gold. Although Azul Ventures Inc. has attempted to identify important factors that could cause

    actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or

    results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this presentation. There can be

    no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such

    statements. Accordingly, readers should not place undue reliance on forward-looking statements due to the inherent uncertainty therein.

    Michael R. Schuler, a qualified person as defined by National Instrument 43-101, has supervised the preparation of the technical information that forms the basis for

    the disclosure of the results of exploration activities by Azul Ventures presented in this document. Mr. Schuler is the Vice President - Exploration of Azul Ventures,

    and is therefore not independent of the Company.


  • Investment Highlights

    Advanced exploration target at La Higuera target of 20 million tonnes of high-grade copper sulphides and

    magnetite ore

    Exploration target at Caballo Blanco target of >100 million tonnes of open pittable copper-iron

    Preliminary metallurgical testing very favourable 70% Fe (magnetite concentrate); co-products possible

    Excellent infrastructure in prolific I.O.C.G. belt, where world class deposits occur

    Management team with track record of success


  • Strategic Location


    Near major cities Near major mining and port projects

  • Proposed Iron Ore Port

    Development by CAP


    25 km from


  • 3,626 Hectares of



    La Higuera Project:

    1,076 hectares

    Caballo Blanco Project:

    2,550 hectares

  • Magnetic Targets


    Ground magnetic survey superimposed on regional aeromagnetic survey

  • La Higuera Property


    Almost continuous underground mining since 1832 from 40 copper

    sulphide bearing veins

    Slag from various smelters at La Higuera indicates several million

    tonnes of high grade copper ore was mined historically

    Azul completed ground geophysics, partial rehabilitation of

    underground workings and a first phase of drilling from surface

    Azul acquired 1,032 hectares of mineral rights over the La Higuera

    mineralized system and retains options on another 44 hectares

    (option agreements on non-core portions of the property covering

    154 hectares was dropped in December 2012)

    Azul plans an exploration decline and drive with underground drilling

    to test high grade ore shoots with a target of 20 million tonnes of

    high-grade copper sulphides and magnetite ore

  • La Higuera

    Active Local Miners


    Resurgence of mining oxide copper (San Antonio Mine La Higuera)

    Four active open pits and numerous smaller workings

  • La Higuera - High Grade

    Oxide at Surface


    High grade copper oxides in Diucas pit at the La Higuera Property

    Azul property-wide open pit channel sampling results include:

    17m @ 1.48% copper, 11.72% iron

    20m @ 0.76% copper, 16.10% iron

  • La Higuera Magnetic Targets


    Magnetics indicates a strong

    anomaly with a length of

    1,000 m, width of 200 m and

    considerable depth extent in

    San Antonio-Gonzalez zone

    Copper sulphides

    (chalcopyrite) closely

    associated with magnetite

  • Phase I Surface Drilling

    (Feb-May 2012)


  • Significant Iron Dominant

    Drill Intercepts at La Higuera


    Drill Hole










    86 114 28 22.8

    136 144 8 32.8

    38 46 8 25.0

    92 108 16 20.4

    LHRC-04 30 40 10 32.8

    9 31 22 34.4

    96 106 10 37.5

    238 254 16 38.4

    LHDD-11* 224 259 35 27.3

    63 66 3 26.7

    84 89 5 22.4

    107 125 18 24.4

    215 230 15 28.3

    258 282 24 36.3

    281 290 9 30.3

    * Intercepts are immediately adjacent to the core ground

    retained by Azul






  • Significant Iron-Copper

    Intercepts at La Higuera


    Drill Hole IDFrom










    LHRC-03 165 167 * 2 2.38 12.4

    LHRC-04 117 126 9 0.97 12.186 90 4 0.82 9.0

    118 131 13 1.78 13.6

    68 122 54 0.35 16.0

    14 0.47 23.3

    167 169 2 1.09 14.8

    170 174 * 4 0.61 24.9

    160 164 4 1.46 13.9

    206 218 12 0.41 15.1

    269 277 8 0.46 13.8

    103 109 6 1.00 25.4

    191 197 * 6 0.73 16.9

    120 121 1 2.65 -

    258 282 24 0.47 36.3

    LHDD-14** 288 296 8 1.10 32.0 * Drill hole lost in workings

    ** Intercepts are i