In search of Porphyries:

‘Giant homogenous money makers’

Corporate Presentation
January, 2019
Antabamba summary

Cu skarn - porphyry target in Peru

• The main high conductivity targets remain undrilled
• Previous drill holes include:
 89m @ 0.11% Cu porphyry intercepted off main target
 8m @ 1.55% Cu + 73g/t Ag
 6m @ 1.2% Cu
 12m @ 0.24% & 8m @ 0.45% & 2m @ 1.4% Cu
• Significant Ag and Mo credits
• 2.5km x 0.1% Cu in soil anomaly (Footprint ≥ Tintaya)
• Primary chalcocite (50% Cu content) in core and talus samples
• Located at batholith-limestone contact
• Neighbouring Ind + Inf resources: Antilla (PML): 382Mt @ ~0.3% Cu
Trapiche (BVN): 903Mt @ ~0.37% Cu
• Positive engagement with both local communities
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Team
John Gray, President – CEO and Director
• Former CEO of African Aura Resources (TSX-V and AIM listed)
• 20 years exploration experience including discovery of Nkout & Ntem (Fe), Cameroon
• Eight years leading mining start up companies in Africa, South America and Europe

Dr. John-Mark Staude – Founder and Independent Director

• CEO of Riverside Resources
• 20 years of exploration experience with Kennecott, BHPB, Teck, Rio Tinto, Magma
• Major role in the discovery of Mulatos (Au), Mexico and Agua Rica (Cu-Au), Argentina
• M.Sc. (Harvard, 1989) and Ph.D. Economic Geology (U. of Arizona, 1995)

Darren Klinck – Founder & Independent Director

• CEO of Bluestone Resources
• Previously Head of Business Development OceanaGold with principal role in raising
$300M

Katty Vargas – Office Manager, Peru

• MIBA & 20 years mining experience including five years managing budget for
Norsemont from exploration through to feasibility and sale of Constancia (Cu)

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Location – location – location…

Andahualas-Yauri belt

Antabamba Project

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Terrane
Looking west at limestone scarp: the ridgeline = community boundary
E-W cc-cpy-py veins exposed along the top of the talus slope

DDH ATB-009 bo-cpy veins DDH ATB-014 Lahuani mine

DDH LAH003

cc & cpy veins cpy-py veins

Looking East from top of limestone scarp

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Lithological mapping & rock grabs

Rock grabs
Cu ≥ 0.3%
• Grab samples up
Ag ≥ 5ppm
Mo ≥ 0.1% to 9% Cu, 270g/t
 Ag & 1g/t Au
• 2.5km of copper
exposure along
 the batholith-
limestone
contact
• Talus samples
up to 50% Cu
‘Black Beauty’ vein: (Black Beauty
Primary chalcocite vein of massive
in talus (50% Cu) chalcocite)
• 290° strike for
Silco Community boundary majority of veins
Calcauso and structures
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Cu @ 700ppm in soils

1km

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Te & I as pathfinders for porphyries

1km Te RR @ 15:1 1km

I RR @ 6:1

Note: Ratioed soil sample results

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Geophysics: IP results

IP program only reached -350m but

generated three targets:
T1: Top of porphyry system
2km chargeability high with
associated skarn at surface
– T2: Buried skarn target – High
amplitude feature adjacent to
resistivity anomaly in the
vicinity of ATB009 and
T1 chalcocite talus
T3
– T3: Skarn target – High
amplitude feature with surface
T2 workings

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Chargeability & Magnetic Highs

1km

Magnetic high

Chargeability high

Chargeability slice at 4450mRL (16-30ms)

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First round of drilling

ATB007: 20m @ 0.11% Cu

ATB017
1km
ATB012: 4m @ 0.23% Cu ATB007
2m @ 0.29% Cu ATB012
LAH02
2m @ 0.24%Cu
ATB005
LAH02: 6m @ 1.2% Cu

ATB005: 4m @ 0.2% Cu ATB003

7m @ 0.13% Cu
12m @ 0.13% Cu ATB010

ATB010: 1m @ 0.53% Cu ATB008

ATB008: 15m @ 0.12% Cu

4m @ 0.19% Cu

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 Second round of drilling
ATB004: 4m @ 0.26% Cu
..ends in 10m @ 0.20% Cu
ATB014A: 87m @ 0.1 % Cu
ATB014: 22m @ 0.11% Cu
4m @ 0.15% Cu ATB004
4m @ 0.12% Cu
18m @ 0.18% Cu
ATB014A LAH03
LAH 03: 12m @ 0.24% Cu
8m @ 0.45% Cu ATB014

ATB002: 14m @ 0.11% Cu

14m @ 0.18% Cu
ATB002
ATB001: 4m @ 0.14% Cu
8m @ 0.33% Cu ATB001
7m @ 0.16% Cu
11m @ 0.2% Cu
…inc 1.5m @ 0.47% Mo ATB009
8m @ 0.13% Cu
ATB009: 30m @ 0.62% Cu
+ 30g/t Ag
10m @ 0.11% Cu
0.5km 12
 Proposed 2018 drill budget
DIA DRILL
DETAIL Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 TOTAL
INTEREST AND BANK CHARGES
4140 Bank Charges (Maintenance, ITF, Wire Transfer) 50 50 50 50 50 50 50 50 50 80 80 80 80
Total BANK CHARGES 50 50 50 50 50 50 50 50 50 80 80 80 80 770
CORPORATE
Conference/workshops 2,500
Marketing & Promotion
Travel & Accommodation
Total BUSINESS DEVELOPMENT
OFFICE/ ADMINISTRATION
3700 Administration -CAVATO 4,900 2,100 4,252 5,379 3,760 3,902 3,500 2,100 3,055 3,500 3,500 3,500
4130 Office Supplies / Petty Cash / Courier / Transportation 100 100 100 100 100 100 100 100 100 100 100 100
Telecommunications, etc. 100 100 100 100 100 100 100 100 100 100 100 100 100
Total OFFICE 5,000 2,300 4,452 5,579 3,960 4,102 3,700 2,300 3,255 3,700 3,700 3,700 200 45,948
LEGAL & ACCOUNTING
4230 Accounting / Taxation 800 800 800 800 800 800 800 800 800 800 800 800 800
4211 Legal 1,000 600 600 600 600 600 600 400 400 400 400 400
Other
Total PROFESSIONAL FEES 1,800 1,400 1,400 1,400 1,400 1,400 1,400 1,200 1,200 1,200 1,200 1,200 800 17,000
PROJECT COSTS
DIA PERMIT FOR SEVEN PLATFORMS
3701 Environmental (DIA consultancy) 20,000 20,000 0
Water permit (ALA Abancay) 3,000 3,000
CIRA Non existance of Archeological remains 3,000 3,000
PMA (Archeological monitoring program) 6,000 2,500 2,500 2,500 2,500
4211 Legal 470 0 200
3700 Organismo de Evaluación y Fiscalización Ambiental (OEFA)
Total PROJECT COSTS 20,000 0 0 26,470 6,000 6,000 200 0 0 2,500 2,500 2,500 2,500 68,670
EXPLORATION
3600 Assays 0 0 0 0 0 8,500 8,500 8,500
3400 Drilling 132,000 132,000 132,000
4420 Fuel 400 400 300 800 500 500 500 500 500 30,000 30,000 30,000
4140 Equipment Lease - for Earth Moving 0 25,000 25,000 25,000
4140 Contractor - Water and Fuel Tank 5,000 5,000 5,000
4115 Field Communications (Satellite and Mobiles) 300 300 300 250 0 250 250 250 250 300 300 300
4140 Camp contractor - Explosupport 0 25,000 25,000 25,000
3100 Geological Services - Project geologist 8,000 8,000 8,000
3500 Geophysic Services 0 0 0
4400 Travel 0 0 0 0 0 0 0 0 0
4410 Vehicles Rental 0 2,400 2,400 2,400
4150 Vehicle Maintenance
4330 Accommodation
4160 Catering Service
4000 Other Exploration Costs 1,500
4130 Other Field Costs - Public Participation Workshops 2,500 0 0 0 0 0 0 0 0 0
4100 Office Rental (Project area) 400 400 400 400 400 400 400 400 400 400 400 400
4120 Maintenance / Infrastructure
4350 Subsistency Field Crews 1,500 1,500 1,500
4140 Wages (Contract Labour / temporary) 2,650 1,150
Total EXPLORATION COSTS 1,100 1,100 3,500 1,450 900 1,150 1,150 5,300 2,300 238,100 238,100 238,100 0 732,250
COMMUNITY RELATIONS
Surface Rights Consent 0 20,000 20,000 20,000 20,000
Social Fund 200 200 200 0 200 0 0 0 200 0 0 0
Other 750
Total COMMUNITY RELATIONS 200 200 200 0 200 0 750 0 200 20,000 20,000 20,000 20,000 81,750
MINERAL PROPERTIES
3910 Payments for Mineral properties (Validity and Penalty Fees) 25,000 50,000
3900 Option Payment 0 0
Total MINERAL PROPERTIES 0 25,000 0 0 0 50,000 0 0 0 0 0 0 0 75,000
HEALTH & SAFETY
4220 Insurance 300 300 150 450 700 700 700 700 700 700 700 700
4221 Medical Exams
Total HEALTH &SAFETY 300 300 150 450 700 700 700 700 700 700 700 700 0 6,800

1km
SALARIES
4300 CR Officer 1,250 1,250 1,250 1,250 1,900 1,250 2,500 1,250 1,250 1,900 1,250 2,500
4300 Income Tax & Pension Fund Deposit 1,700 770 770 770 1,200 770 1,600 770 770 1,200 770 1,600
Total SALARIES 2,950 2,020 2,020 2,020 3,100 2,020 4,100 2,020 2,020 3,100 2,020 4,100 0 31,490
CONSULTANT FEES
3700 IGV - Tax return: Investment contract 6,325 0
3701 Environmental monitoring program 0 5,000
4211 Legal
3700 Other - OEFA
Total CONSULTANT FEES 0 6,325 0 0
0

0 0 0 0 0 0 0 5,000 0 11,325
• 20 platform DIA
•
Total EXPLORATION COSTS 9,100 63,565 11,740 7,840 9,800 107,740 13,400 16,040 10,440 523,800 521,640 530,800 1,825,905
TOTAL
CONTINGENCES -10%
GRAND TOTAL
15,950
1,595
17,545
67,315
6,732
74,047
17,642
1,764
19,406
14,869
1,487
16,356
15,210
1,521
16,731
113,292
11,329
124,621
18,550
1,855
20,405
19,590
1,959
21,549
14,945
1,495
16,440
528,780
52,878
581,658
526,620
52,662
579,282
535,780
53,578
589,358
0
0
1,888,543
188,854
2,077,398
6 X 500m DDHs
• Along 020°
• DIA & 3,000m DDH US$2,077,398 13
Proactive Community Relations
Peru has well defined land title law. Community consensus is required in order to
obtain exploration & mining permits. Verde managers actively participate in the
two key communities at the Antabamba project, introducing and establishing
sustainable and beneficial services and community practices.
Road reconstruction and repairs; and creating a tree nursery for land rehabilitation. Job creation.

Recycling by the Club de Madres & schools generate cash to buy food for pensioners. 30 positions created to assist
with drilling.

Community workshops outlining Corporate Social Responsibility practices.

Developing positive community
impact through engagement
and dialogue.

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Contact

John Gray, President & CEO

Verde Resources Inc
Suite 684 | #142-757 West Hastings
Street | Vancouver | BC | V6C 1A1
T: +44 747 068 6474
E: j.gray@verdecopper.com

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