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  1. 1. Corporate Presentation March 2013
  2. 2. Disclaimer • The content of this Power Point Presentation and any related information you will read in the pages that follow (the “Information”) has been prepared by Minsud Resources Corp. (the “Company”) on the basis of information and sources believed to be reliable. However, the Information does not take account the investment objectives, financial situation and particular needs of any particular person and is not intended to be considered by any person as general advice to any class of persons. Therefore, you should not rely on the Information and should obtain relevant and specific professional advice to evaluate and assess the Information. • The Company makes no representation or warranty, nor assumes any responsibility whatsoever, in respect to the Information. Without limiting the generality of the foregoing, The Company does not represent or warrant that the Information is complete, accurate, or true. Consequently, you should not rely on the Information to make any decision, and if so, you shall bear the entire risk of such decision. Under no circumstances should any part of the Information should be construed to constitute an offering to invest in the Company. • The Company reserves the right, at its sole discretion, to modify all or any part of this presentation without any liability or notification to any person. This Information includes statements which may be considered forward–looking. These forward-looking statements reflect the current internal projections, expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company". • By requesting the delivery of the Information you agree that the Company and its officers, managers, agents, directors or associates shall have no liability towards you resulting from any use of the Information by you, your officers, managers, agents, directors or associates and you waive, to the fullest extent permitted by law, any right to claim to the Company any losses or damages, including, without limitation, direct or indirect damages, consequential or special damages, loss of use, data or profits, costs or expenses incurred or suffered by you, your officers, managers, agents, directors or associates (in this case agreeing to indemnify the Company in case any of such persons claims the Company’s liability for any of such losses or damages) arising out of or in connection with the access to, use of, reliance on, the Information which shall be provided, whether due to inaccuracy, error, omission or any other cause and whether on the part of us, our officers, managers, agents, directors or associates or any other person. • Mr. Howard Coates, Professional Geoscientist, Director of the Company and a geological consultant, is a qualified person as defined by Canadian National Instrument 43-101. Mr. Coates has read and approved the contents of this presentation • This Presentation must not be disclosed, copied, published, reproduced or distributed in whole or in part at any time without the prior written consent of the Company and by accepting the delivery or making to it of this presentation, the recipient agrees not to do so and to return any written copy of this presentation to the Company at the request of the Company. 1
  3. 3. I. Story • Minera Sud Argentina SA (MSA) was set up as an Argentinean private company in 2004 . • The key drivers during early stage were management entrepreneurial spirit and highly supportive seed investors. with • Management acted under the leadership of Mr. Carlos Massa, and the seed investors were the Benetton Group in Argentina (60%) and Ing. Alberto Orcoyen (40%). • Our initial goal was to develop a significant portfolio of grass roots in poorly explored areas of Patagonia. • This was our first milestone. • In 2006 we commenced the exploration of Chita, that became into the “Quoin” of our flag ship, the Chita Valley Project. 2
  4. 4. I. Story (continued) • During the following years we extended the area to the adjacent properties, Brechas Vacas (west) and Minas de Pinto and Chita II claim (east), putting the area of geological interest “vis a vis” with the mining right. • Chita is a porphyry style mineralization with widespread indication of epithermal high, intermediate and low sulphidation . • At present, Minsud through its affiliate MSA, controls the properties as follows: • MSA Owns 100% of Chita mining rights. • MSA is the beneficial owner of 50% of the Brechas Vacas Trust that is the 100% owner of the Brechas Vacas Properties. • The remaining 50% beneficial interest in the Trust is subject to a purchase option (2017). • MSA has an Option to Purchase 100% of the Minas de Pinto properties (2017). ( See more detail in Minsud Financial Statements note 6) 3
  5. 5. I. Story (continued) • In 2011 Minsud Resources Corp. concluded a reverse take over with Rattlesnake Ventures concurrently with the acquisition of MSA´s shares, its qualifying transaction, and C$ 5.5 million Private Placement financing. • Taking Minsud to high quality standards of Corporate and Finance was our second milestone. • During 2012, the venture capital market went into a deep depression undervaluing any business perceived as risky. • Management defended successfully the Company´s valuation by issuing shares above market price also avoiding a significant dilution to the former shareholders. • The company´s 2012 Business plan was financed by former seed investors and the incorporation of a new one, Panedile S.A (a large constructor with a branch in underground mining) also with a long term vision. 4
  6. 6. II. MSA portfolio of properties • The CHITA VALLEY PROJECT, Central Andes, San Juan Province. 12,900 ha., our Flag Ship. • La Rosita – Deseado Massif – Santa Cruz Province. 10,000 ha. • Selected grass of roots, 50.000 ha in Santa Cruz (18,000 ha), Chubut (23,000 ha) and Rio Negro (9,000). 5
  7. 7. III. Exploration and mining in Argentina • An early stage of development commenced mid 90´s with the enactment of the Promotional Mining Laws. • Highly favorable geological settings for wide range of commodities in a large and underexplored mineralized surface. • Among the most remarkable regions we can highlight: Cordillera de los Andes, Pre-cordillera, the Puna Plató, Sierras Pampeanas and the Deseado Massif. • The country production of precious and base metal is based on 11 productive mines. There are also 5 mines under development and at least 13 advanced explorations. • There are an extensive activity in M&A deals and also many stories of success. • Comparable exports in the region, are about : Chile C$ 50.0 billion, Peru C$ 40.0 but Argentina just less than C$ 5.0. A long way to go 6
  8. 8. IV. Mining in Argentina – Key Players Precious and Base metals Province Operative Mines Jujuy Mines under development Advanced projects Aguilar (Glencore) Pirquitas (Silver Standard) Salta Catamarca San Juan Chubut Santa Cruz El Quevar (Golden Minerals) Lindero (Mansfield Minerals) Rio Grande (Regulus Resources) Bajo la Alumbrera (Xstrata Cooper) Farallon Negro (YMAD) Veladero (Barrick) Gualcamayo (Yamana) Casposo (Troy Resources) Agua Rica (Goldcorp, Xstrata) Pascua - Lama (Barrick) Pachón (Xstrata Cooper) Los Azules (McEwen Minerals) Altar ( Stilwater) Del Carmen ( Malbex) Navidad (Pan American Silver) Calcatreu (Pan American Silver) Cerro Vanguardia (Anglogold) Cerro Negro (Goldcorp) Cerro Moro (Yamana Gold) San José (Hoschild- McEwen) Cap Oeste (Patagonia Gold) Cerro Puntudo ( Yamana Gold) Mananthial Espejo (Pan American Silver) Don Nicolas (IRL) Joaquin (Coeur D´alene) Martha (Coeur D´alene) La Josefina ( Hunt Mining) 7
  9. 9. V. Intensive activity in M&A deals U$S 20,0 million. May 6th, 2009. Troy Resources acquires Casposo, gold – silver project, San Juan $ 626 million. October 30, 2009. Pan American Silver acquires Aquiline (Navidad – Chubut and Calcatreu- Rio Negro projects) $ 3,6 billon. September 2nd, 2010. Goldcorp Acquires Andean Resources (Cerro Negro – Santa Cruz) U$S 487,1 million. July 11, 2011. Stillwater acquires Peregrine Metals. (Altar project - San Juan) U$S 110 million. September 1, 2011. Xstrata Copper, Goldcorp And Yamana Finalize Four-Year Option Agreement On Agua Rica. U$S 414 million. June 18, 2012. Yamana acquires Extorre Gold Mines Ltd (Cerro Moro – Santa Cruz). U$S 60 million. December 11, 2012. Mirasol sold the 49% interest in Joaquin Silver-Gold project (100 km north from La Rosita) to Coeur d'Alene Mines Corporation, US$30 million in cash and US$30 million in shares. 8
  10. 10. VI. Argentine Outlook • The country was growing at almost Chinese rates during past decade, but in 2012 went into a non-growing period. • Country´s GDP is about 500 billion while external debt slightly above one third, mainly long term restructured. • Government and Social Security Institutions hold about the half of this amount. • During past decade, the country has been paying interest services and capital at maturity with no new access to the capital market. • In this framework the mining development is called to become the second engine to grow added to the existing agricultural and agribusiness sector. • The most important aspects affecting the domestic market are the high inflation and restriction on the foreign exchange market that came up as a palliative to the impact of the European crisis. 9
  11. 11. VII. Minsud- Share Structure I. Share Structure Share Structure Authorized shares: Issued and outstanding Stock Options Warrants and other options Fully diluted • Based on shares issued, we feel Minsud has potential for raising more money when appropriated. Shares Unlimited 39,738,266 3,795,000 18,954,933 62,488,199 • Currently, management believes that market does not recognize the real value of the company. II. Significant shareholders Significant shareholders Richmond Capital Compañía de Tierras Sud Argentino S.A. Alberto F. Orcoyen Panedile S.A.I.C.F.e I. Pinetree Capital Corp TOTAL Shares 8,250,000 8,200,300 3,215,713 3,157,896 2,500,000 25,323,909 % • Our current cash position up to date is about C$ 800,000. 20.8% 20.6% 8.1% 7.9% 6.3% 63.7% 10
  12. 12. VIII. Minsud - 2013 Business Plan • During this first semester Minsud will complete a systematic exploration at the Chita Valley Project in order to define high quality drilling targets. • We have already started to look for a JVP among majors and larger explorers and expect to have proposals according to the size and quality of the Chita Valley Project in two or three months. • After joint venturing the Chita project, Minsud will continue to explore early stage projects within its own portfolio or searching for new deals into the market. • These actions will allow Minsud to participate in the great opportunity that exists in an underexplored country, such as Argentina. • Consolidating Minsud as a solid player in the long run while minimizing financial risk will be our future milestone. • Intensify Investor Relations activities, it is a still enhance investor base and provide stock floating. a pending matter, to 11
  13. 13. IX. Management • Carlos Massa, public accountant Minsud Resources Corp – President & CEO Mr. Massa has guided the steady growth of MSA since inception and, in doing so, contributed to the company capitalization through asset generation. Endowed with entrepreneurial spirit he also directed the process of listing Minsud shares in the TSXV. He was also founding partner at Latin American Minerals acting as Director. Mr. Massa has developed his professional carrier through many management and directorship positions in the banking industry, real state and the Miguens Bemberg Family Fund, acquiring practice on corporate finance and M&A. • Howard Coates, P. Geo. Minsud Resources Corp – Director and Vice President Exploration An economic geologist with over 42 years of diversified experience, Mr. Coates has extensive knowledge of mineral deposits gained through many years of post-graduate experience in diverse parts of the world. Until recently Vice President of MPH Consulting Limited, Mr. Coates worked for major international mining companies, Falconbridge Limited and Billiton Canada Limited in Canada and Australia during the first 15 years of his career. Mr. Coates joined Minsud as a director in October, 2011, and as an officer in January, 2012. As Minsud' Vice-President of Exploration he 12 oversees the design and implementation of the company’s exploration programs.
  14. 14. IX. Management ( continued) • Roberto Milanese Minera Sud Argentina S.A. Exploration Vice President Mr. Milanese is a senior exploration geologist with 30 years experience. He served as exploration geologist for Minas Argentinas S.A. and El Desquite S.A., and was responsible for the recognition an discovery of the Esquel Gold Deposit. He has also served as President of Golden Peaks Resource Ltd. (Argentina) and was responsible for the discovery of La Fortuna Gold Deposit in Chubut Province. • Paul F. Andersen Minsud Resources Corp - Chief Financial Officer Mr. Andersen is the managing partner of Forbes Andersen LLP, a Toronto firm of Chartered Accountants, and has over 15 years experience in senior management roles with numerous public and private corporations. Mr. Andersen is a Certified Public Accountant and a Chartered Accountant. 13
  15. 15. CANADA | Headquarters ARGENTINA | Headquarters Minsud Resources Corp. Minera Sud Argentina S.A. 56 Temperance Street, Suite 200 Toronto, Ontario, M5H 3V5, Canada Esmeralda 684 piso 13° - (CP. 1007) Ciudad de Buenos Aires - Argentina Phone / Fax : +1 (416) 479 4466 Phone / Fax : + 54 (11) 4328 4067