zaruma resources inc.

ZARUMA RESOURCES INC.
LUZ DEL COBRE COPPER MINE (SONORA, MEXICO)
To Hermosillo 160 km West
June 2008
LOCATION SAN ANTONIO CONCESSIONS
‰ Luz del Cobre,
located in the San
Antonio
Concessions 160
Concessions,
km East of
Hermosillo,
Sonora
‰ 3 hours drive from
Internatl.Airport.
Luz del Cobre
LUZ DEL COBRE
‰ 11,200 hectares
‰ Mining friendly
State of Sonora,
good infrastructure
‰ 100% Owned by
wholly owned
subsidiary
Minerales Libertad
SA de CV
Zaruma Resources Inc. June 2008
LUZ DEL COBRE IN A NUTSHELL
‰ Open-pit, heap-leach, solvent extraction (SX), electrowinning (EW) copper
operation.
‰ November 2006: Independent Technical Report (NI43-101)
(
) by M3 Engineering
& Technology (Tucson) and P&E Mining Consultants (Brampton,Toronto).
‰ Currrently reserves and open ended resources at 4.3 million tonnes at 1%
copper.
‰ 15 Million pounds average annual copper cathode output over 5 years
‰ US$20 Million average annual cash flow (at US$3.36/lb copper, projected costs
at US$ 1.55lb).
‰ Capital payy back estimated within 18 months.
‰ Fast tracked start-up copper project in large (11,200 hectares) San Antonio
concession in a geological environment with very significant additional copper
exploration
e
p o a o po
potential.
e a
Zaruma Resources Inc., June 2008
Luz del Cobre Reserves
Zaruma Resources Inc. June 2008
LUZ DEL COBRE GEOLOGICAL SETTING
Luz del Cobre
‰ Breccia-hosted, supergene “manto-type” copper mineralization in a
porphyry driven IOCG (iron-oxide-copper-gold)
porphyry-driven
(iron oxide copper gold) system.
system
Zaruma Resources Inc. June 2008
Additional Copper Discoveries at Luz del Cobre
Luz del Cobre Open Pit
Luz del Cobre Open Pit
Calvario
“South” Extension
Zaruma Resources Inc. June 2008
Luz del Cobre: Summary of Projected Cash Flow
Chief Metallurgist Everardo Morga with
lab scale copper cathodes from Luz del Cobre ore
Zaruma Resources Inc. June 2008
LUZ DEL COBRE: HIGHLIGHTS
‰ Construction on the way, estimated
first copper cathode production end
2008.
‰ Experienced senior staff being
engaged, EPCM contract managed
by experienced M3 Engineering &
Construction Corp.
Corp
‰ US$22 Million financing
commitment by subsidiary of
Gl
Glencore
I t
International
ti
l AG
‰ 65% of project capital costs for
equipment and materials has been
committed to date.
‰ Additional copper mineralization and
resource expansion near Luz del
Cobre
Cobre.
Zaruma Resources Inc. June 2008
Site of SW-EW Plant
LUZ DEL COBRE MORE PROGRESS
Ore Haulage Road
Valley Leach Pad Preparation
Crusher Component
Leach Pad Lining
Zaruma Resources Inc. June 2008
SAN ANTONIO: SIGNIFICANT EXPLORATION UPSIDE
‰ Highly prospective geological setting with features characteristic for an
iron-oxide-copper-gold
pp g
((IOCG)) system.
y
‰ Copper: identified copper deposit (Luz del Cobre) and wide spread copper
mineralization.
‰ Gold: 300,000 ounces of proven and probable gold resources (NI43-101)
in open ended mineralized breccias structures.
‰ Presence of intrusives (deeper seated porphyry?) and well developed fault
systems, structural control.
‰ Mineralization in form of and related to hydrothermal breccias
breccias, replacement
bodies, veins and skarns.
‰ Strong Cu-Au-Mo-As (some U) geochemical signature.
Zaruma Resources Inc. June 2008
TARGETS AND LAND POSITION
‰ Zaruma controls
major portion of a
SW-NE trending belt
of mineralization and
of the historic
San AntonioSan Javier mining
district.
A
B
Current Exploration
Targets:
A = Trion-Luz del Cobre
B = Sapo
Sapo-Carrizo
Carrizo
Zaruma Resources Inc. June 2008
EXAMPLE SAPO CARRIZO AREA
C
Copper
E
Exploration
l ti T
Targets
t All O
Over:
El Salto Target
Carrizo
El Sapo Norte
El Sapo Este
El Sapo Sur
Zaruma Resources Inc. June
Zaruma Corporate Information
Listing
Issued and Outstanding:
Toronto Stock Exchange: TSX
TSX-ZMR
ZMR
Frankfurt ZMR (secondary listing)
116.7 Million common shares
123 Million fully diluted
52 Weeks high/low:
CAD0.45/0.11
Shareholding Structure:
approx. 3,000 shareholders,
(North America, U.K., Germany, Switzerland, Norway and others
Largest shareholder: 6 % subsidiary of Glencore International AG
Address/Contact:
20 Toronto Street (12th Floor), Toronto ON, M5C 2B8, Tel.: 416
869 0772, 416 777 1781 Fax: 416 367 3638 www. Zaruma.com ,
service(at)zaruma com
service(at)zaruma.com
Dr. Thomas F. Utter, Geologist - President & CEO
Frank van de Water, B.Comm., C.A.– CFO & Director
Prof. Dr. Peter Lorange - Director
Mi h l P
Michael
Power, P
P. E
Eng. – Director
Di t
Michael B. Richings, Mining Engineer – Director
David Kelly - Director
Prof. Dr. Richard Viljoen, Geologist - VP Exploration
Mike Carter, Geologist – General Manager Mexico
James E Poulter - Senior Geologist
Directors/Officers:
Zaruma Resources Inc. June 2008