(PDF, Unknown) - logemin sa
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(PDF, Unknown) - logemin sa
Creation of ARCorp Alberto Lobo-Guerrero S. Geologist, M.Sc., Min.Ex, Ph.D. Operations Vice-President LOGEMIN S.A. Bogota, Colombia; www.logemin.com AC1 Creation of Alberto Lobo-Guerrero S. Geologist, M.Sc., Min.Ex, Ph.D. Operations Vice-President LOGEMIN S.A. Bogota, Colombia; www.logemin.com AC2 ARCorp. ARCorp - Take-Home Message, 1 -Based on recently-identified geological concept which can be used for worldwide exploration of valuable mineral substances. -ARCorp will define prospective ground, explore it, & benefit from mineral discoveries. -Strategy could lead to: Find some of the world´s largest ore deposits. Produce significant new wealth. -Focus on a variety of mineral substances. -Promoted by mineral exploration geologist. AC3 ARCorp. ARCorp - Take-Home Message, 2 Basic Plan: 1. Setting up an international working team. 2. Research at 11 centers will be completed. 3. Targets will be prioritized and explored. 4. Discoveries will be spun-off to third-parties, keeping a % interest. Worst scenario: At end of 6 years we will have evaluated 8 most prospective areas on Earth. Capital = US$7 million to be invested in 6 years. 10 x – 100 x = possible increase in assets. AC4 ARCorp. Table of Contents 1. Who promotes ARCorp? 2. What ARCorp. stands for > 3. Corporate objectives > 4. Overview of ARCC concepts > 5. Exploration potential of ARCC concepts > 6. Business plan > 7. Core management team and main staff > 8. Budget for first 6 years of operation > 9. What promoters seek from new partners > 10. How partners will benefit > 11. Other supporting items > < ARCorp. 1. Who Promotes ARCorp? -Alberto Lobo-Guerrero S. -LOGEMIN S.A. < AC6 About Alberto Lobo-Guerrero S. Geologist Universidad Nacional de Colombia, Btá. M.Sc. in Mineral Exploration Geology Queen’s University, Ontario, Canada. Outer Space Specialist, International Space University, Strasbourg, France Ph.D. in Geology Economic Geology Research Institute Univ. of the Witwatersrand, Johannesburg, South Africa -Consultant in mineral exploration, mining business, engineering geology & hydrogeology. -Entrepreneur. -Operations Vice-President, LOGEMIN SA. < AC7 Additional about Alberto Lobo-Guerrero S. Work experience in 23 countries of 5 continents Graduate study full scholarships, by open competition: 3 Bursaries, Doctoral Research, South Africa, 2002-2005 Scholarship and Prize, studies Intl. Space University, 2000 3 Scholarships, M.Sc. Studies, Canadá, 1998 Total > US$394,000 Meritory Mention & Best Geology Thesis, 1994-1995, Departmento de Geociencias, Univ. Nacional de Colombia. First hand understanding of mining industry in 16 nations, including: Australia, Canada, USA, Russian Fed., Zambia, South Africa, Namibia, D.R. Congo, Chile, Peru & Brazil. Visited 100’s of mines & metallurgical plants. < AC8 Additional about Alberto Lobo-Guerrero S. Knows large copper mines in: Chile, Peru, USA, D.R.Congo, Zambia, Sweden, Russia & South Africa. Studied several of them. Knows and has studied the main gold mines of Peru, USA, Canada & Russia. Visited industrial mineral mines & their processing plants in several countries. International consultant tending the needs of numerous clients in the exploration of varied mineral substances. < AC9 ARCorp. About LOGEMIN S.A. Family corporation devoted to applied geology to study subsurface resources. 1. Mining Company 2. Consulting Firm -Ground Water -Geology for Engineering Projects -Environmental Geology -Mineral Exploration (main activity) < AC10 ARCorp. LOGEMIN Innovations, 1 Developed & applies new exploration methods: “Blitz” explortion concept: Ample terrain rapid exploration, with large teams of people in the field at the same time. Historical & bibliographical investigations followed by exhaustive field reconnaissance work. Applies leading edge technologies such as differential GPS (in house development), insitu analytical techniques, focalized geophysics & geochemistry. < AC11 ARCorp. LOGEMIN Innovations, 2 In addition, developed 4 electronic tools to support mineral exploration with help from external engineers: -Flying robot to take digital photos, in association with Electrical Engineer Andrés Macías Leal. -Tool for 3-D electrical resistivity studies, with Electronical Eng. Diego Acero, Univ. Pedagógica. -Modified & adapted design of digital magnetometer, in collaboration w/ several electronical engineers. -Electromagnetic apparatus for surface & subsurface exploration, in collaboration with several electronical engineers. < AC12 3 generations of applied geology consulting experience Active members of: Society of Economic Geologists Society for Geology Applied to Mineral Deposits International Assn. of Engineering Geologists and the Environment International Association of Hydrogeologists < AC13 ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for 3. Corporate objectives > 4. Overview of ARCC concepts > 5. Exploration potential of ARCC concepts > 6. Business plan > 7. Core management team and main staff > 8. Budget for first 6 years of operation > 9. What promoters seek from new partners > 10. How partners will benefit > 11. Other supporting items > < ARCorp. 2. What ARCorp Stands For ARCC = Anorogenic Ring Complex Clusters* ARC = Bow that guides arrow in a given direction Tartar bow outline, leading edge technology of its time We use the term ARCorp, which connects two words & avoids letter C triple repetition ARCorp *confidential geological concept < AC15 ARCorp. Tartar Bow Leading edge technology of its time with stirrup, enabled horsemen to point & shoot arrows while riding Tartar tribes conquered Chinese & Roman empires! < AC16 ARCorp. ARCorp aims to conquer the world by exploiting its revolutionary geologic and metallogenic concepts. < AC17 ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for > 3. Corporate objectives 4. Overview of ARCC concepts > 5. Exploration potential of ARCC concepts > 6. Business plan > 7. Core management team and main staff > 8. Budget for first 6 years of operation > 9. What promoters seek from new partners > 10. How partners will benefit > 11. Other supporting items > < ARCorp. 3. Corporate Objectives -To exploit LOGEMIN’s new geological concepts -Explore worldwide using concepts -Generate capital for partners Steps: 1. Set up international working team 2. Complete research on world ARCCs 3. Prioritize targets 4. Explore main priorities 5. Spin-off discoveries to third-parties (keeping an interest) < AC19 ARCorp. Business Model 1. Exploration-based corporation 2. Main focus: to identify prospective areas in which to explore, exploiting LOGEMIN’s new metallogenic concept Benefit from: -Identification of new mineral provinces. -Discoveries in new mineral provinces. -New findings in under-explored portions of known mineral provinces. < AC20 ARCorp. Diversification = Low Vulnerability -Focus on a variety of mineral substances -Diversified Portfolio in geographic & commodity terms Less susceptible to: -variation in substance prices -changes in rates of exchange -ups and downs in specific markets -polítical & social upraising. < AC21 ARCorp. We won’t be tied nor limited from the beginning on a single project. We will look at all possibilities: then choose the best. < Can benefit from anything found during exploration AC23 ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for > 3. Corporate objectives > 4. Overview of ARCC concepts 5. Exploration potential of ARCC concepts > 6. Business plan > 7. Core management team and main staff > 8. Budget for first 6 years of operation > 9. What promoters seek from new partners > 10. How partners will benefit > 11. Other supporting items > < ARCorp. 4. Overview of ARCC Concepts 6 key features defining ARCC were identified - General character - Geometry (size, shape, binding structures) - Area of ~50,000 km2 - Over 400 ARCCs identified in all continents - Chronological features - Types of contained economic mineralization - Methods to explore them Confidencial information < Details will be revealed to eventual partners. [63 slides from the full presentation have been omitted] AC25 ARCorp. World map with Anorogenic Ring Complex Clusters. Blue stars, described here. (Lobo-Guerrero, 2008) < AC26 ARCorp. Mineralization in ARCC ARCCs host a significant portion of world’s mineral deposits -precious metals -base metals -rare metals -primary diamond deposits -building + dimension stone -industrial minerals -nuclear fuels < AC27 ARCorp. Mineral Provinces tied to ARCC -Carajás, Brazil’s most important mineral district -Australian Cloncurry + Stuart Shelf IOCG Districts Olympic Dam Mine -Sulu Peninsula, Jiaodong China’s premier Au producing district > -Colorado Mineral Belt, U.S.A. -ARCCs host all primary diamond deposits -Earth’s largest Au accumulations, including Wits Basin, South Africa - ARCC related -Basement of the Zambian Copperbelt -Bayan Obo, Inner Mongolia, China < produces >50% of world’s Rare Earths AC28 ARCorp. Mineralization in some ARCC # Name, Country 5 Stuart Shelf, Gawler Craton, Australia 6 Colorado Mineral Belt, USA 9 Zambian Copperbelt basement, Zambia 10 Carajás District, Pará, Brazil 11 Witwatersrand Basin basement, S.Africa 12 Bayan Obo, Inner Mongolia, China 13 Maimecha-Kotui, Russian Federation 16 Sulu Peninsula, Jiaodong, China > Mineralization U,Cu,Au,Ag,REE Mo,C,Au,U Cu,Co,U,IOCG Fe,Cu,PGE,Ni,Mn,Al Au,U REE,Fe,IOCG Diam,PGE,Fe,REE,Ni Au,REE,Ag,Bi,Al,Kaolin Mineralization Types: Ag, silver; Al, aluminum; Au gold; Bi, bismuth; Cu, copper; Diam, diamond; Fe, iron; IOCG, iron oxide-copper-gold; Mn, manganese; Mo, molybdenum; Ni, nickel; PGE, platinum-group elements; < REE, rare earth elements; U, uranium. AC29 ARCorp. World map with Anorogenic Ring Complex Clusters. Blue stars, described here. (Lobo-Guerrero, 2008) < AC26 ARCorp. Anomalous elements present in some ARCC < AC30 ARCorp. Example of a Typical ARCC We will now briefly describe the Carajás District of Brazil. Typical example of the type of mineral provinces which could be discovered by ARCorp Many more details are available on the full presentation. < AC31 ARCorp. Carajás Brazilian map with location of Carajás < AC32 ARCorp. General geology, Carajás District, Brazil < AC33 ARCorp. LOGEMIN S.A. < AC34 ARCorp. Carajás Mineral Province 1 = Brazil´s most important mining district “Mammoth” district, in any part of the world “Gigantic” in Alan Clark´s terminology (Queen’s Univ. economic geology professor) The district may still grow in number, type & size of deposits LOGEMIN developed a model to find these districts < AC35 ARCorp. LOGEMIN S.A. Overview of main ore deposits, Carajás 1340 ton Au 656 thou. ton Ni 3 billion ton Fe 28 million ton Cu 278 ton platinum gp. elem. … and growing! (2008 data) < AC36 ARCorp. Value of Main Metals Contained Carajás District – US$ Million (May, 2013) Metal Iron Copper Nickel Gold Platinum Total Units US$/ton US$/lb US$/lb US$/oz US$/oz US$x10^6 Price 142.2 3.22 6.7 1,359 1,454 Tons 3x10^9 3x10^7 2.1x10^6 1,900 350 Value 426,600 212,967 31,019 752 148 671,485 % 63.5 31.72 4.62 0.11 0.02 100.00 (Does not take into account contents of: manganese, aluminum, palladium, rhodium or rare earths) ~US$ 671,485 million < AC37 ARCorp. US$31,000 Nickel 5% US$213,000 Au,Pt(0.11 & 0.02%) US$900 (combined) Copper 32% % of metals contained Carajás District Iron ore 63% < US$426,000 AC38 ARCorp. Carajás Mineral Province 2 Casual discovery -during construction of Transamazonic Road -helicopter emergency landing -on top of massive iron ore Very recent development of ore deposits in district Using low-tech, simple methods Difficulties: New deposit types Dense tropical vegetation Scarce outcrop Complex logistics < AC39 ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for > 3. Corporate objectives > 4. Overview of ARCC concepts > 5. Exploration potential, ARCC concepts 6. Business plan > 7. Core management team and main staff > 8. Budget for first 6 years of operation > 9. What promoters seek from new partners > 10. How partners will benefit > 11. Other supporting items > < ARCorp. 5. ARCC Concepts Exploration Potential 1. Types of deposits present 2. Potential mineral substances grouped by type 3. What ARCorp could find 4. Possibility of finding world’s next supergiant ore deposits < AC41 ARCorp. 5.1. Types of Deposits Present in ARCC IOCG: Fe ore, Cu, Au, Ag, PGE, REE, && Gold, Tin Sedimentary-hosted Cu (over, around ARCCs) Primary diamond, thorium & uranium deposits Plutonic phosphorus sources Nepheline syenite, bauxite Platinum Group Elements Nickel, Cobalt, Manganese, Vanadium, Chrome Rare Earth Metals Placers, colluvial and elluvial deposits: cassiterite, wolframite, rare earth oxides tantalite-columbite, Au, Pt, Pd, diamonds < AC42 ARCorp. 5.2. Potential Mineral Substances Traditional metals & mineral substances: Fe, Cu, Au, Sn, Ag, PGE, P, Ni, Co, Mn, V, Cr, W, Al Technological metals & substances: Rare earths, Nb, Ta, Th, U, Ge, Bi Ceramic & Glass Industry Raw Materials: Clays, nepheline syenite, feldspar, & Dimension Stones: Red, green, black, brown, buff, blue < AC43 ARCorp. 5.3. What ARCorp Could Find Large ore deposits hosted within ARCC: Homestake, Olympic Dam, Bayan Obo Prolific mineral districts which are ARCC: Carajás, Wits Basin, Jiadong Peninsula Examples by commodity: Au (Cripple Creek, Wits, Jiaodong, Homestake) IOCG (Kiruna, Olympic Dam, Salobo, Cloncurry, Fe Carajás) Kimberlite fields (all of those known to date) Nickel, PGE (Voisey’s Bay, Pechenga, Serra Pelada, Onza) Rare Earths, Tin (Pitinga, Bayan Obo) < AC44 ARCorp. 5.4. Possibility of Finding The World’s Next Super-Giant Ore Deposits Who wouldn’t want to find another… -Carajás District > -Copperbelt -Homestake Mine -Witwatersrand Basin -Colorado Mineral Belt -Jiaodong Peninsula > -Bayan Obo Mine -Olympic Dam Mine < AC45 ARCorp. 5.5. Advantages of New ARCC Concept The fact that it is new, and nobody else uses it as an exploration & discovery tool. Being first to explore with the metallogenic concept brings a major priviledge. Large amounts of prospective ground are open for exploration. Very little competition for that ground. We will see where others do not. < AC46 ARCorp. …the first to hit hits harder. < AC47 ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for > 3. Corporate objectives > 4. Overview of ARCC concepts > 5. Exploration potential of ARCC concepts > 6. Business plan 7. Core management team and main staff > 8. Budget for first 6 years of operation > 9. What promoters seek from new partners > 10. How partners will benefit > 11. Other supporting items > < ARCorp. 6. Business Plan 1. 2. 3. 4. 5. 6. 6. 7. 8. 9. Complete research at 11 major world centers Produce matrix of all ARCCs Evaluate each using specific topics Prioritize prospective ARCCs Explore 8 prioritary ARRCs Produce comprehensive report for each prospective ARCC Define specific projects to be spun-off Offer projects to suitable partners Negociate agreements with partners to further explore specific projects Benefit from further exploration of projects < AC49 Initial Stage 6 year Workplan Budget Staff Selection breakdown Bibliographical Research Evaluation-Selection Regional Field Evaluation Detailed Field Evaluation Detailed Project Evaluation < Further details of workplan available > AC50 AC3 ARCorp. Business Model -Carry out initial regional exploration to discover new mineral deposits. -Pass discoveries on to other companies, (keeping a % interest). These will: -finance further work, -complete exploration -develop prospects into mines. Alternatively: -Float companies for new projects -Sell to third parties < AC51 ARCorp. Types of Projects 1. Grass roots exploration in large areas (~50,000 km2) 2. World-wide, multi-commodity exploration -For high-value mineral substances -With high national or international demand -Potential future market 3. Certain areas display competitive advantages -Logistical -High potential & little exploration < AC52 ARCorp. Topics to be Evaluated in ARCCs 1. 2. 3. 4. 5. 6. 7. 8. ARCC features present Known mineral deposits Potential for new mineral deposits Logistics - Access - Trained workers - Energy & raw material sources - Availability of mining consumables - Availability of other supplies Seasonal & climatical aspects Political-social aspects, local impact Environmental concerns Competition for available ground < AC53 ARCorp. Exploration of 8 Prioritary ARCCs Special strategies have been identified for «blitz» exploration of target ARCCs. Designed to be effective in specific terrains, climatic conditions & logistic constraints. Large teams in the field, to cover large areas in a short time. Strategies to sample in a few days and define true potential. < AC54 ARCorp. Leading Edge Technology ****Confidential < AC55 ARCorp. Significant Marketing Effort It is useless to -have ideas -discover prospects -identify new mineral resources … if projects cannot be spun-off. Indispensable to be able to market findings. Offer them, promote them… …negociate them, sell them. < AC56 ARCorp. How funds from Start-Up Chile will be dedicated to ARCorp Capital provided by Start-Up Chile will be invested on a 12-month, full-time campaign to obtain the capital required for ARCorp’s first 6-year stage. That involves a series of talks for select groups of invited potential investors. First in Chile, Perú and Brazil; later on in San Francisco, Palo Alto, Toronto, Vancouver, London & Perth. Internet-based communication tools will be used to interact with potential investors, but personal meetings are considered indispensable to close deals. < AC56a ARCorp. Gain of ARCorp’s Promoter 20% of the company will remain in hands of the funder, in exchange for his effort to define the novel geological concepts and begin world-wide research on how to carry out concept-based exploration for ore deposits. Benefit will come from sales of future discoveries, and income derived from participation in subsequent producing mines to be developed in the newly-discovered mineral exploration areas. < AC56b ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for > 3. Corporate objectives > 4. Overview of ARCC concepts > 5. Exploration potential of ARCC concepts > 6. Business plan > 7. Core management team and main staff 8. Budget for first 6 years of operation > 9. What promoters seek from new partners > 10. How partners will benefit > 11. Other supporting items > < ARCorp. 7. Core Team & Main Staff Management Team Investors + LOGEMIN Board > 1 President - CEO Main Staff 5 Geologists 1 GIS draftsperson 1 Data base manager 1 Office aid-Secretary Consulting Staff 1 Accountant 1 Lawyer Local field staff (geologists & samplers) [More details available >] < AC58 ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for > 3. Corporate objectives > 4. Overview of ARCC concepts > 5. Exploration potential of ARCC concepts > 6. Business plan > 7. Core management team and main staff > 8. Budget for first 6 years of operation 9. What promoters seek from new partners > 10. How partners will benefit > 11. Other supporting items > < ARCorp. 8. Budget - First 6 Years of Operation 1. Bibliographical research St. Petersburg, Beijing, Paris, Ottawa, Denver, London, Johannesburg-Pretoria, Canberra, Tevuren (Belgium), Washington D.C., Brasilia 2. Priorization 3. Exploration ARCC Target 1 ARCC Target 2 ARCC Target 3 ARCC Target 4 ARCC Targets 5 to 8 4. Negociation of specific projects < AC80 ARCorp. Budget breakdown Resources Staff Air transportation Equipment Mineral exploration licences Meals Accomodation Health programs Bogota base (accomodation+office) External Services Office rental for field operations Unforeseen expenses (5%) Grand Total Cost 4,275,693 572,122 532,033 500,000 278,968 271,614 80,270 31,027 35,358 70,304 332,814 6,989,099 % 61.18 8.19 7.61 7.15 3.99 3.89 1.15 1.13 0.51 0.44 4.76 100.00 < AC81 ARCorp. Health Budget Programs Other 3 breakdown 1.15% 2.08% Accomodation 3.89% Meals 3.99% Exploration rights 7.15% Equipment 7.61% Air transport 8.19% Staff fees 61.18% < AC82 ARCorp. Relevant Items of the budget Resources Staff Manager 5 field geologists 3 office geologists External Services Accountant Lawyer Psychologist Printing services Chemical Laboratory Office Equipment Computing equipment Digital cameras, scanners Field Equipment Portable XRF gadget Other, undiscriminated Vehicles 4-WD vehicle rental Motorcycles (13) Motorcycle maintenance Motorcycle spare parts Vehicle fuels Cost 4,275,693 569,182 2,467,109 772,200 35,358 3,243 4,919 2,270 24,926 17,500 19,728 16,001 3,727 282,717 228,000 35,057 229,588 107,120 35,100 17,838 4,638 64,892 % 61.18 8.14 35.30 11.05 0.51 0.05 0.07 0.03 0.36 0.25 0.28 0.23 0.05 4.05 3.26 0.03 3.28 1.53 0.50 0.26 0.07 0.93 < AC83 ARCorp. Budget - First 6 Years of Operation The minimum budget, Calculated for conservative activities, as described on previous slides is in the order of: 7 million U.S. dollars < AC84 ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for > 3. Corporate objectives > 4. Overview of ARCC concepts > 5. Exploration potential of ARCC concepts > 6. Business plan > 7. Core management team and main staff > 8. Budget for first 6 years of operation > 9. What promoters seek from new partners 10. How partners will benefit > < 11. Other supporting items > ARCorp. 9. What Promoters Seek From Partners LOGEMIN is searching for partners to support activities of the new corporation with much more than cash. < AC86 ARCorp. Ideal Partners 1. Small number 2. Individuals (or private corporations) who do not report publicly 3. Well-connected internationally 4. Mixed background 5. Mixed citizenship, international character 6. Supportive, technically-sound individuals 7. Can wait half decade before return on investment 8. Can keep absolute confidenciality < AC87 ARCorp. Table of Contents 1. Who promotes ARCorp? > 2. What ARCorp. stands for > 3. Corporate objectives > 4. Overview of ARCC concepts > 5. Exploration potential of ARCC concepts > 6. Business plan > 7. Core management team and main staff > 8. Budget for first 6 years of operation > 9. What promoters seek from new partners > 10. How partners will benefit 11. Other supporting items > < ARCorp. 10. How Partners Will Benefit 1. Will own the ARCC concept 2. Will own any technological developments made by ARCorp 3. Will own new mineral discoveries 4. Will participate in spin-off companies to develop new discoveries < AC89 ARCorp. 10. How Partners Will Benefit This approach will lead to mineral discoveries. That may increase the capital in 1-2 orders of magnitude during first 6 years of operation. = 10 x to 100 x < AC90 Creation of Alberto Lobo-Guerrero S. Geologist, M.Sc., Min.Ex, Ph.D. Operations Vice-President LOGEMIN S.A. Bogota, Colombia; www.logemin.com AC2 ARCorp. Other Supporting Items: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Porphyry Copper Corporations > Conceptual Exploration > Examples: Jiaodong & Carajás > ARCorp Workplan, first 6 years > Budget Breakdown, first 6 years > Base of Operation > Geographic Focus > Advisory Board Members & Consultants > Talks and Short Courses offered > Contact Information > Some Contemporary Uses of Metals > < Details of Ideal Geological Team > ACS1 Porphyry Copper Exploration Corporations < ACS2 ARCorp. Example - Porphyry Cu Corps Initial corporations to discover Porphyry Copper concept: - Anaconda - Phelps Dodge - ASARCO - Cerro de Pasco Corp. - Kennecott Extremely lucrative corporations, long-lived mines New districts discovered using the concept: Arizona, New Mexico, Alaska, Nevada, Mexico, Perú, Chile, Papua New Guinea, Indonesia, The Phillippines, etc. < ACS3 ARCorp. Morenci porphyry copper Mine, Arizona, 1910 < ACS4 ARCorp. < Bingham Canyon porphyry copper Mine, Utah, 1910 ACS5 ARCorp. Example - Porphyry Cu Corps Morenci porphyry copper mine, Arizona, 2010 < ACS6 ARCorp. < Bingham Canyon porphyry copper Mine, Utah, 2005 ACS7 AC88 ARCorp. Example - Porphyry Cu Corps Large Cu Porphyry deposits found in first stage: Bingham, Morenci, Santa Rita, Butte, USA Cananea, La Caridad, Mexico El Teniente, Chuquicamata, El Salvador, Los Bronces-Rioblanco, Chile Cerro de Pasco, Torromocho, Peru Dizon, OK Teddy, Bougainville, GrasbergErtsberg, Lepanto, Panguna, SE Asia Sar Cheshmeh, Iran < ACS8 ARCorp. Conceptual Exploration Has produced great results in recent past. Examples of Escondida, Chile & Pierina, Peru. Very successful + lucrative exploration efforts Small exploration budgets found huge volumes of mineralization. A clear understanding of the governing principles is key to making new discoveries. The logics of nature can be used effectively. < ACS9 Overview of Jiaodong Peninsula, China & Carajás District, Brazil < ACS10 Jiaodong Peninsula, China 山东半岛 Jiaodong Peninsula China Qingdao coast ACS11 Jiaodong Peninsula, China < ACS12 Jiaodong Peninsula, E China. (Also called Shan-tung, Shandong or Sulu) E section of Shandong province Extends NE between Gulf of Chihli & Yellow Sea Hilly terrain elevations around 180 m rising to 1,130 m in Lao Mountains -Iron ore, magnesite & gold are abundant -Mining for over 4000 years -Fishing is important along coast -Fruit grown in hills -Some of China's best ports located along rocky, indented coast < [Further technical details are confidential.] ACS13 Jiaodong Peninsula, China Satellite image centered on Jiaodong Province. < Note erosion & smog over China. ACS14 Jiaodong Peninsula, China ~16% of world’s gold! Highlighted zone produces 40% of China’s gold. < China produces 40% of the world’s gold. ACS15 Jiaodong Peninsula, China Ling Long gold mining area, Jiaodong Province. < Heavily industrialized. ACS16 Jiaodong Peninsula, China Jiu Qu gold mine, Jiaodong Province. < ACS17 Jiaodong Peninsula, China Underground workshop & entry to main shaft, Jiu Qu Au mine, Jiaodong Province. < ACS18 Jiaodong Peninsula, China Typical convenience shop, Liazhou, Jiaodong Province. < ACS19 ARCorp. Carajás District, Brazil Typical example of the type of mineral provinces which could be discovered by ARCorp Some details of the Carajás District were already presented on slides 31 to 39. > < ACS20 Workplan First 6 Years of Operation < ACS21 Initial Stage 6 year Workplan Budget Staff Selection breakdown Bibliographical Research Evaluation-Selection Regional Field Evaluation Detailed Field Evaluation Detailed Project Evaluation < ACS22 AC3 ARCorp. First & Second Years Stages: Initial Staff Selection Bibliographical Research Evaluation-Selection 1st Field Evaluation ACS23 < ARCorp. First Year Initial Stage Staff Selection +Detailed Planning < ACS24 ARCorp. Steps of Initial Stage < ACS25 ARCorp. Steps of Initial & Staff Stages < ACS26 ARCorp. First Year Staff Selection Stage < ACS27 ARCorp. First Year End of Bibliographical Research & Evaluation-Selection < ACS28 ARCorp. Steps of Bibliographical Research & Evaluation-Selection < ACS29 ARCorp. Final Steps of Regional Field Evaluation < ACS30 ARCorp. Final Steps of Detailed Field Evaluation < ACS31 ARCorp. Final Steps of Detailed Project Evaluation < ACS32 Bugdet First 6 Years of Operation < ACS33 ARCorp. 8. Budget - First 6 Years of Operation 1. Bibliographical research St. Petersburg, Brasilia, Paris, Ottawa, Denver, London, Johannesburg-Pretoria, Canberra, Tevuren (Belgium), Washington D.C., Beijing 2. Priorization 3. Exploration ARCC Target 1 ARCC Target 2 ARCC Target 3 ARCC Target 4 ARCC Target 5 ARCC Target 6 < 4. Negociation of specific projects ACS34 ARCorp. Budget breakdown Resources Staff Air transportation Equipment Mineral exploration licences Meals Accomodation Health programs Bogota base (accomodation+office) External Services Office rental for field operations Unforeseen expenses (5%) Grand Total Cost 4,275,693 572,122 532,033 500,000 278,968 271,614 80,270 31,027 35,358 70,304 332,814 6,989,099 % 61.18 8.19 7.61 7.15 3.99 3.89 1.15 1.13 0.51 0.44 4.76 100.00 < ACS35 AC3 ARCorp. Health Budget Programs Other 3 breakdown 1.15% 2.08% Accomodation 3.89% Meals 3.99% Exploration rights 7.15% Equipment 7.61% Air transport 8.19% Staff fees 61.18% < ACS36 AC3 ARCorp. Relevant Items of the budget Resources Staff Manager 5 field geologists 3 office geologists External Services Accountant Lawyer Psychologist Printing services Chemical Laboratory Office Equipment Computing equipment Digital cameras, scanners Field Equipment Portable XRF gadget Other, undiscriminated Vehicles 4-WD vehicle rental Motorcycles (13) Motorcycle maintenance Motorcycle spare parts Vehicle fuels Cost 4,275,693 569,182 2,467,109 772,200 35,358 3,243 4,919 2,270 24,926 17,500 19,728 16,001 3,727 282,717 228,000 35,057 229,588 107,120 35,100 17,838 4,638 64,892 % 61.18 8.14 35.30 11.05 0.51 0.05 0.07 0.03 0.36 0.25 0.28 0.23 0.05 4.05 3.26 0.03 3.28 1.53 0.50 0.26 0.07 0.93 < ACS37 ARCorp. Budget - First 6 Years of Operation The minimum budget, calculated for conservative activities, as described on previous slides is in the order of: ~7 million U.S. dollars < ACS38 Base of Operations < ACS39 ARCorp. Base of Operations Location Characteristics sought: Low tax regime, Cost of life Near large international airport, Good connections Safe environment, Good schools High speed internet connection Geological & mining activity Cities considered: Paris Toronto Belem Seoul Panama Dublin Madrid Athens Santiago Bogotá London Istambul Taipei Montreal Houston < ACS40 ARCorp. Base of Operations Location Bogotá will be the temporary base of operations. Office activities Board Meetings will be held long distance using multiple-party video-conference Field staff -will work continuously when in the field -will return «home» every 5 or 6 weeks < ACS41 Geographic Focus < ACS42 ARCorp. Geographical Areas to Focus Confidential…. < ACS43 ARCorp. Geographical Areas to Focus For Budgeting Exercise 1. Sinai Peninsula 2. Sudan 3. Borneo 4. S. Korea 5. Bahía 6. Texas 7. Wisconsin 8. Greece In no particular order. Invented areas. Just for preliminary cost estimating evaluation. < ACS44 AC96 Advisory Board Members & Consultants < ACS45 ARCorp. Members of Advisory Board Jaime Martínez Polo, Mining & Metallurgical Engineer Alberto Lobo-Guerrero Uscátegui, Geologist Werner Zitzman Riedler, Industrial Economist Julio Galofre Balcázar, Finance, Manager David Lobo-Guerrero Alonso, Markets & Finance Juan Carlos Galofre Balcázar, Lawyer Brief overview of their resume, available < ACS46 ARCorp. UAV & Geophysics Consultants Andrés Roberto Macías, Electrical Engineer Carlos José Ordóñez Lega, Mechanical Engineer Diego Acero, Electronic Engineer Other Consultants Jorge Estrada, Finance & Negotiation, Barranquilla Camilo Rueda Martínez, Motorbikes & negotiations Jason Heyward, Mining Businessman, Lima, Peru Peter Ringdahl, Industrial Minerals Geologist, Joburg Brief overview of their resume, available < ACS47 Jaime Martínez Polo - Mining and Metallurgical Engineer, Facultad Nacional de Minas, Medellín. -Studies in coal & iron ore use & proccessing, Charbonnages de France, France. -Coal mining environmental management, Rhur & Rhine basins, Ruhr Khole AG, Germany. -Fluent in French, English, German, Italian & Spanish. -Board Member, LOGEMIN SA. -Project planning and control. -Directed large open pit and underground mines of coal, iron ore and limestone. -Experience in kaolin, feldspar, gold and magnesite, etc. < -Work experience in Colombia and Venezuela. ACS48 Alberto Lobo-Guerrero Uscátegui Geologist, Univ. Nacional de Colombia, Btá. M.Sc. in Geology, Stanford University, USA. High Management specialzn., Los Andes U. Complete command, English and Spanish. -30 years of consulting experience in multiple fields of applied geology. -3 years, Gral. Director, Colombian Geological Survey. -6 years as manager of mining companies. -5 years as geologist of the Col. Geol. Survey and exploration geologist in an oil company. -President, LOGEMIN SA. -Active member, board member and president of multiple professional associations in geology, < hydrogeology and engineering geology. ACS49 Werner Zitzman Riedler Industrial Economist, U. de los Andes, Bogotá. Graduate studies, Stanford U., EEUU. M.Sc., Education and University Research Economía & Adm. Univ. Sergio Arboleda, Bogotá. Ph.D. in Economics (2015 Candidate) ZWIRS, Management Centre, Zürich, Switzerland. Command of English, German, Spanish and French. Independent management consultant since 1970. Professor at Colombian universities since 1966. Leads graduate programs in fields of corporate finance, investment banking, and computational support for corporate governance (CESA, USA) Numerous publications and teaching material. < ACS50 Julio Alfonso Galofre Balcázar Finance and International Relations Universidad Externado de Colombia, Bogotá Advanced Management Program Duke University, Durham, NC, EEUU Development Program Siemens Financial Services, Munich, Germany Command of German, English and Spanish Business management in Fortune 500 companies, coordinating and managing financial, commercial, business strategy, operations, management, human resources, accounting and financial and strategic planning areas. Experience in Colombia and Andean countries. Corfigán, Siemens SA, IBM, CA Software, Galofre & Asociados < ACS51 David Lobo-Guerrero Alonso M.Sc. Metals and Energy Finance Imperial College, London, U.K. Business Management Universidad de los Andes, Bogotá International Business Universiteit Maastricht, The Netherlands Mineral Exploration Economics Queen’s University, Ontario, Canada Full command of English and Spanish Negociation; trade & markets of multiple mineral & energy substances; petrochemicals, plastics & agrochemicals; fluvial transport of mineral substances & bulk solids. Bunge, Commercial Manager Mitsui, Director, Energy and Mineral Resources Department Mitsui, Director, Chemical Department < ACS52 Juan Carlos Galofre Balcázar Lawyer C.E.M. del Desarrollo Simón Bolívar, Barranquilla Specialization, Finance & Securities Law Universidad Externado de Colombia, Bogotá Speaks English and Spanish. Varied consulting experience in commercial, corporate, finance, securities, labor & tributary law. Corporate finance & management; derived contracts. Able negotiator. General Manager, Galofre & Asociados SAS, since 2009 Dimprotech SA, Bursátiles Agrarios de Colombia SA, Durán & Osorio Abogados Asociados, Protección SA, Orejanera Parra & Asociados< ACS53 Andrés Roberto Macías Leal Electrical Engineer Escuela Colombiana de Ingeniería, Bogotá Philosophy and Theology Degree Pontificia Universidad Javeriana, Bogotá Speaks Spanish and English. Systems integration engineer. Design, construction, prototyping, programming & testing of fixed-wing & rotary wing U.A.V. for digital air photography, & autonomous reconnaissance. Able remote-control pilot. High availability & continuity computing infrastructure architect for corporations. Manages software development & implementation Expert in batteries & single-person electrical vehicles. < ACS54 Carlos José Ordóñez Lega Mechanical Engineer Universidad de Los Andes, Bogotá Industrial Designer Pontificia Universidad Javeriana, Bogotá Medical Equipment Maintentance Courses Uruguay; Caracas, Venezuela; Jacarepagua & Rio de Janeiro, Brasil; Montpellier & Levallois, France; St. Louis, USA; Bogotá. Speaks Spanish, English and French. Design & construction, unmanned aerial vehicles for air photography, full HD video and geophysical sensing. Maintenance, repair & construction of diagnostic clinical laboratory instruments for hematology, microbiology < and immunology. ACS55 Diego Acero Electronic Engineer Universidad Distrital Francisco José de Caldas, Bogotá. Speaks Spanish and English. Professor, Universidad Pedagógica Nacional, Bogotá. Design, construction, prototyping, programming & testing of automated electrical resistivity equipment. [Complete information and photo were unavailable at closing time for this presentation.] < ACS56 Jorge Enrique Estrada Villegas Finance and International Relations Universidad Externado de Colombia, Bogotá Management Specialist Universidad Externado de Colombia, Bogotá Speaks Spanish, English and French. Sales & commercial operations manager. Managed sales teams of up to 1200 persons. Project funding for oil & gas, infrastructure, powerlines, and working capital credit. Managed hydrocarbon exports operation. Able negotiator. Latin American & North American experience. Penn Octane Corp., SABMiller, Preceptor SAS, Colfondos SA, Etc. < ACS57 ARCorp. LinkedIn addresses of Advisors & Consultants Jaime Martínez Polo, [email protected]; [no LinkedIn] Alberto Lobo-Guerrero Uscátegui, [email protected]; [no LinkedIn] Werner Zitzman Riedler, co.linkedin.com/pub/werner-zitzmann/23/882/b27 Julio Galofre Balcázar, co.linkedin.com/in/juliogalofre/es David Lobo-Guerrero Alonso, uk.linkedin.com/pub/david-lobo-guerrero/18/a95/b72/es Juan Carlos Galofre Balcázar, co.linkedin.com/pub/juan-carlos-galofre-balcazar/17/1a/502/es Andrés Roberto Macías Leal, [email protected]; [no LinkedIn] Carlos José Ordóñez Lega, co.linkedin.com/in/camaradelaire Diego Acero, [email protected]; [no LinkedIn] Jorge Enrique Estrada Villegas, co.linkedin.com/pub/jorge-enrique-estrada-villegas/41/126/530 Camilo Rueda Martínez, co.linkedin.com/pub/david-camilo-ruedawilliamson-martínez/68/836/2a4 Jason Heyward, ; [no LinkedIn] Peter Ringdahl, ; [no LinkedIn] < ACS58 Talks & Short Courses offered in Chile < ACS59 ARCorp. Technical talks offered to Chilean geological community 28 different English or Spanish talks in my fields of expertise (http://www.logemin.com/eng/e1.htm) -Mineral deposits -Exploration agreements -Successful and failed exploration projects -Case studies groundwater, engineering geology & geophysics -Precision agriculture -Breccioid bodies associated deposits -Method of the multiple working hypothesis < ACS60 ARCorp. Technical talks offered to Chilean geological community 6 other talks in English or Spanish (not listed on webpage) -Thorium-based nuclear power -Chocó Interoceanic Canal Project -The Huila Mining Corporation -Marie Curie -Mining Business Fundamentals -Industrial Minerals and Related Business < ACS61 ARCorp. Short Courses offered to Chilean geological community 1- or 2-day short courses on various topics may be given, in English or Spanish -Photographic techniques for field Work -Stratigraphic correlation -Mineral exploration using Spontaneous Potential profiles -The mining business -Examples of mineral deposits and mines < ACS62 ARCorp. Further details about ARCorp are available on the following webpage: http://www.logemin.com/arcorp/ Contact information details of Alberto Lobo-Guerrero S.: email address: [email protected] Skype address: logemin1 details of LOGEMIN SA: Calle 127A No. 51A-90, off. 309 Bogota, D.C., Colombia Telephone: +57-1-643 5364 Mobile: +57-(3)-300-464 2447 < ACS63 Some Uses of Metals in Contemporary Life < ACS64 ARCorp. Speakers, digital memories, screens (color, tactile) < ACS65 ARCorp. Electric motors use high capacity magnets made with rare earths, and high power batteries with a short charging time. Cu, Fe, Al, C, Li, and REE are crucial < ACS66 ARCorp. Shanghai Tokyo High speed «bullet» trains float on steel rails by means of magnets & electromagnets. Maglev system. Rare earths are crucial here. < ACS67 Details of the Ideal Geological Team < ACS68 ARCorp. ARCorp Ideal Geological Team Title Language Skills* Other Desirable Skills Expl. Geologist 1 Arabic, English Geologist, strong research ability, good writing skills, mineral exploration, mineral deposit Expl.1Geologist 2 French,short English courses or 2-day on various topics models, geophysical & geochemical exploration, Expl. Geologist 3 Russian, English be given,English in English Spanish GIS, 4WD or & motorcycle driving, swimming, Expl.may Geologist 4 Mandarin, Expl. Geologist 5 Portuguese, English strong field skills (hiking, camping), first aid, basic mechanical skills, military service. Draftsperson English & at least Geologist, strong research ability, drafting, GIS, another major Linux, databases, computers, software, language hardware. Database Geologist, strong research ability, database, manager Linux GIS, computers, software, hardware. Geologist, strong research ability, logistics, Office Aidcontracting, human resources, basic accounting. Secretary * Common language is English. It would help if the geologists can speak other of the 5 major tongues (including Spanish), or additional tongues such as Urdu, Hindi, Swahili, < Greek, Polish, Parsi, Turkish, Turkik tongues, Bantu tongues, or Innuit tongues. ACS69 Alberto Lobo-Guerrero S. Geologist, M.Sc., Min.Ex, Ph.D. Operations Vice-President LOGEMIN S.A. Bogota, Colombia; www.logemin.com < AC2