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Perlat Project
Volcanogenic Massive Sulphide
Copper, Gold, Silver, Zinc
Mr. Zahir (Zip) Dhanani
Chairman, CEO and Director
Mr. Robert Naso
General Manager and Director
Tao Dong
Director
Ramon Mabanta
Director
Hafiz Bhulji
Director and CFO
This Presentation may contain forward-looking statements including, but not
limited to, information regarding geological interpretations, resources, potential
timing and content of exploration programs, production schedules and
projections, receipt of permits, Company financings, etc.
Forward-looking statements refer to events and conditions which have not yet
taken place, and therefore involve inherent risks and uncertainties. Actual results
may differ materially from those anticipated in these statements. Arian
Resources Corp. Ltd. relies upon litigation protection for forward-looking
statements.
Chad Ulansky, P.Geo. is the Qualified Person under NI 43-101 for the projects
discussed in this presentation.
Investing in Albania
Canadian companies are the largest
foreign direct investors in Albania, with
investments of $ 810 million by end of
2012, according to the Albanian
Investment Development Agency
Canada and Albania
signed a Foreign
Investment Protection
Agreement in 2013
Investments are
primarily in the
mining, oil and gas,
power and rail sectors
Latest deal: In May, a consortium
including China’s top copper producer,
Jiangxi Copper, bought a 50% stake in
Turkish company, Nesko Metal’s
Albanian operations for $ 65 million.
Albania and Arian
The Perlat Project
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High-grade copper-gold
Past producing mine
Acquired from Balkan Resources in
January 2014
80 kms north of Tirana
Accessed through paved roads
Water, power and skilled manpower
are readily available
Arian’s Albanian subsidiary:
Balkan Resources sh.p.k
Perlat Project
History and Licensing
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Mining at Perlat between 1978 and
1991
Production: 582,000 Tons at 1.8%
Cu
Historic drilling in Arian’s licenced
areas was 159,000 meters in 479
drill holes
Arian’s Exploitation Licence area (in
red) is 290 hectares and is fully
permitted to mine. The Licence is
for 25 years, with a 10 year renewal
option
The Exploration License area is
2,300 hectares (in purple)
Merdita Ophiolite Complex and
Associated Mines
•Northern Albania 30 to 40 km wide
belt
•Mid Jurassic age
•Perlat is located within prolific belt of
ophiolite-associated VMS deposits
with estimated reserves of 66 million
tonnes (Hoxha, 2005)
Merdita Ophiolite Belt, Greece-Albania-Montenegro
NI 43-101 Report
• Arian commissioned a National Instrument 43-101 report from three independent
Canadian geologists to verify the historic resource and bring it into compliance with
Canadian reporting requirements. The report was completed in May 2014
• Using all the historic data, an inferred resource estimate was computed which came out
to be:
4.66 million tonnes @ 2.12% copper
• This was consistent with the historic resource estimates done by the Rubik Geological
Society
• Our initial thinking is that with a 1,500 tonnes per day production rate, the existing
resource would provide a potential 9 year mine life
• Significant upside potential: gold, silver and zinc. Very little assaying done historically for
anything other than copper. But Balkan and Arian drilling indicates high grade gold, zinc
and silver
World Class Partnership with Sinomine
• Sinomine Resource Exploration Co. Ltd. is the largest mining
exploration company in China, with a staff of over 300
geologists
• It has projects in China and 14 other countries in Asia and Africa
• Arian has a formal Investment Agreement with Sinomine, the
objective of which is to seek to take Perlat back into production
• As part of this partnership, Sinomine is a significant investor in
Arian
Timeline
1975
Drilling
commences
at Perlat
1979
1991
Production at
Perlat
Rubik Geological drills
Perlat 1975-1992:
159,000 meters in 479
holes
Resources Estimates
produced in 1979, 1984,
1986 and 1993
Total Production:
582,000 tonnes of copper
at 1.8%
1997
2008
Mine
Decommissioned
Balkan
Drills at
Perlat
Balkan
Drills 5,000
meters.
Best hole:
7.02 m of
7.33% Cu,
6.31 g/t
gold, 31.46
g/t silver
Jan
2014
Arian
Acquires
Perlat
May
2014
NI 43-101
Report
Inferred
Resource of
4.66 million
tonnes of
copper at
2.12%
Oct
2014
March
2015
Drilling,
Prefeasibility
and
Valuation
December
2016
Production
Massive Infrastructure at Perlat
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The Perlat Project has massive infrastructure in place. There are three shafts, adits,
ventilation shafts, an extensive network of underground tunnels, galleries, elevator
shafts. All of these are extensively cemented
Estimates of the replacement cost of this infrastructure, from various geologists and
mining engineers Arian has shown this to range, from $ 18 to $ 20 million
This value is in addition to the current resource, with an in situ value of over $ 700 million
COPPER %
Hole #
FROM
TO
81S292
175.4
175.5
78S121.1
247
247.9
87S522
348.2
348.75
80S178
103.7
104.5
76S004
56
57.7
85S369
194.7
195.3
85S369
193.8
194.7
76S004
58.6
60.65
88S531
475.6
476.1
79S177
54.3
55.7
82S262
318.8
319.6
81S112
143.2
143.7
76S056
241.5
242.9
76S056
260.5
261.2
89S550
471.5
471.8
76S061
219
219.4
79S176
74.1
75.6
76S056
262.9
263.9
79S176
76.6
77.6
87S522
347.35
348.2
79S123
221.6
222.7
88S540
489.6
490.3
82S262
319.6
320.6
88S540
454.8
455.4
79S176
77.6
78.6
Cu%
20.76
16.84
15.04
14.95
14.73
13.91
13.18
12.66
12.55
12.31
12.17
11.96
11.88
11.66
10.84
10.79
10.60
10.48
10.29
10.23
10.22
10.20
10.19
10.10
10.10
Perlat: Drilling Highlights
To 2008
Copper and Gold
4,415 samples
1,211 samples > 0.5% Cu
139 samples > 5% Cu
•172 samples > 0.5 g/t Au
•50 samples > 2 g/t Au
•* Balkan Hole P32208 with 7.02m of 7.3% Cu
and 6.3 g/t Au
•Only small portion of
drilling sampled for gold 931 samples total
(854 Balkan samples)
GOLD g/t
Hole #
FROM
TO
77S036.1
287.1
287.5
77S036.1
287.5
288.35
77S036.1
285.9
287.1
77S036.1
285.3
285.9
P092008
215.15
216.6
P162008
230.6
231.2
*P322008
*P322008
*P322008
322.54
323.12
321.2
321.9
321.9
322.54
76S056
261.2
262.2
P132008
226.3
227.3
77S144
275.8
276.35
77S036.1
284.9
285.3
77S144
259
260
*P322008
316.9
318
75S013
35.1
36.2
*P322008
318
319
*P322008
319
320
P092008
145.7
147
P152008
217.7
218.1
*P322008
320.65
321.2
P152008
208
209.2
*P322008
320
320.65
P122008
185
186
67S002
114
119.5
*P322008
331.2
332
77S144
266.85
267.75
77S144
261.05
261.45
Au gpt
40.12
39.67
37.12
36.10
11.90
10.80
10.00
9.80
8.85
8.56
7.79
7.76
6.81
6.18
5.90
5.66
5.52
5.39
5.01
4.80
4.75
4.69
4.63
4.54
4.50
4.11
4.09
4.06
Actions to Date (April - October 2014)
 Produced a NI 43-101 report to convert historic resource to a compliant resource
420 diamond drill logs sorted, reviewed and catalogued
4,414 sample assay intervals reviewed and corrected for overlaps and missing data
3D modeling of all data
 South Shaft dewatered
 Agreement with Sinomine negotiated on Perlat
 Drilling undertaken to verify historic results and evaluate project on
a technical and financial basis to put back into production
Perlat - all drill holes, looking NW
Cu grades
1-2
2-5
>5
Current Drilling
A 5,000 meter drill program is underway with three drill rigs on site.
The first two holes twinned two historic holes for data verification. Here are the results:
Production Decision
Arian and Sinomine: Formal agreement to evaluate the
feasibility of taking Perlat to production, by Dec 2016,
with a minimum production rate of 10,000 tonnes of
copper per year
Current drill program to be completed by Dec 2014,
and Sinomine to present a prefeasibility report and a
valuation report by March 2015
Sinomine has the right to take a production decision on
the project by April 2015
Estimated costs to production are $ 20 million for predevelopment costs and working capital, capital
expenditure of $ 32 million, and a $ 3 million
contingency = $ 55 million
Summary
Arian Resources
 Listed on the TSX Venture Exchange (Symbol: ARC) and on the Frankfurt
Exchange (Symbol: 0GT1)
 Perlat 100% owned by Arian. Past producing mine with a high grade resource
 Fully permitted to be put into production
 A NI 43-101 compliant technical report
 Sinomine is keen to put the project into production
 A drill program is currently in process to verify historic drilling
 Technical and financial evaluation being done
 Production decision by April 2015
 Sinomine to earn a majority stake by funding to production
 Production anticipated to commence by December 2016