DS9 Document EFTA01076908

mi ► ■ H • resotrces ADVANCED LOW COST GOLD-COPPER PROJECT (TSX-V:PRO) EFTA01076908 Company Summary • • resotrces Ticker Shares (Basic) Options Warrants Year Share Price Range Market Cap Range (Basic) Cash Debt Ownership Headquarters Main Project TSX-V: PRO 94.5 M 5.1 M (average C$0.46 strike) 26M (average C$0.37 strike) C$0.11 - C$0.60 Can$ 35 M Can $ 4 M Can $ 1.1 M(1) Management (9%), Institutions and public companies (23%), Carena (4%) Rouyn-Noranda, Quebec Cerro Quema, Panama (100% owned) 3 e: t: I on PER9RICO RESD_RCES NC TTSveV .• PRO. ; • . (1) CS1.0 M convertible debenture due August 2012 (14% coupon, payable quarterly, CS0.35 conversion price) + CS0.1 M due to previous owners TSX-V: PRO pershimco.ca 2 EFTA01076909 Company Summary PERSHOACO RESOURCES iNC USA Y V PRO► Poc 00. I100 -0 KC Results of Drilling 43-101 Drilling at LaPava Assessment by SWRPA Due Diligence Period J Letter of Intent for 75% : 714 • • • resotrces New Targets Drilling Mining Law #8 Launch of Community and Environmental Worksa tan *11 ell KC TSX-V: PRO pershimco.ca 3 EFTA01076910 Experienced Management & Board . tl • resoirces Senior Management Alain Bureau, P.Eng — President, CEO & Director • +15 years of exploration and mine building experience with world size projects Agnice-Eagle, Falconbridge, and Glencore in Canada and Latin America • Extensive work on sizeable international projects such as LaRonde, Pinos Altos, Raglan, Altonorte, Izcaycruz, Yauliyacu and Escondida • In charge of building Pinos Altos' process plant in Mexico for Agnico-Eagle Serge Cotes, C.A. — Chief Financial Officer • Worked for KPMG and Deloitte-Touche as a mining financial expert and also as an auditor of private and public companies. • Experienced in the natural resources investment and financial community with brokerage experience for the National Bank financial and the Fonds Regional de Solidarite FTQ. Roger Bureau — Chairman • +30 years of experience, founder, started several mining companies, including McWatters and Ecusilver Jean Robitaille —Director • Actually Senior Vice-President, Technical Services at Agnico-Eagle Mines , • Metallurgist with Teck Mining Group • Awarded Mineral Processor of the Year, 2010 Claude Arcand, B.Comm — Director • Ex-Director of Cambior (gold producer over 500,000 oz/year); businessman with +30 years of experience Bob Bryce, P.Eng, MBA — Director • Led the Selbaie project from an advanced exploration project through feasibility to a 7,500 tpd producing mine. • VP Mining for Aur Resources where he led the 280M$ development and start-up of the 4,000 tpd Louvicourt mine Jean Lafleur, MSc., P.Geo — Director • Mining consultant previously exploration director for Placer Dome and involve in the management of McWatters Mining, Crowflight Minerals and Champion Mineral Jacques Fortin —Director • Partner with Coutu, Fortin since 1974; founder, lawyer and member of the Bar eau du Quebec. TSX-V: PRO pershimco.ca 4 EFTA01076911 Experienced Technical Team : s ki . resoirces Dr. Michael Druecker, Phd geo, Advisor and consultant to Pershimco for its projects in Latin America ♦ Country Manager in Mexico for MIM Exploration Pty (later Xstrata) ♦ Country Manager for Panama with BHP Minerals International Exploration ♦ Highly experienced in major projects involving gold and copper systems including high-sulfidation epithermal gold deposits. Serge Biron, MSc geo, Exploration Manager Latin America ♦ General Manager for Barrick Gold Africa ♦ 26 years of international experience managing exploration for majors companies (Barrick Gold Africa, Anglo American and Anglo Gold) ♦ Consulting and management in mineral exploration industry mostly in Africa but also in Asia and South America, for base- metal, coal and gold. ♦ Exploration and discovery of Doko deposit (today hosting over 18M oz Au) Mathieu Piche„ Phd geo, Exploration Manager Canada ♦ Project geologists worked on the initial McWatter pit modeling later acquired by Osisko team. ♦ The same approach is used to optimize the exploration strategy on Courville Gold Project ♦ Database specialist and interpretation Juan de Dios Saavedra, Ing. , General Manager Latin America ♦ +20 years experience in world class mining projects such as Escondida copper mines (Chile), Antamina project (Peru), Pallas Altos mines (Mex.) ♦ Strong organizational skills and international corporate vision ♦ Environmental and social mining strategy specialist Julio Benedetti, Ing. , President Minera Cerro Quema ♦ Ex-president of the Mining Chamber of Panama ♦ Graduated from the Colorado School of Mining ♦ Solid relationship with the mining and government authorities TSX-V: PRO pershimco.ca 5 EFTA01076912 Why Panama? r : . k4 • resowces • Democratic, constitutional government • Mining friendly government incentive schemes have recently produced numerous decrees offering mining investments special import, tax and operational advantages • Excellent infrastructure (high-quality hospitals and international schools, the modern Tocumen International Airport and advanced telecommunications) - very desirable location for expatriates • Significant recognition by international rating agencies / governmental bodies • International Monetary Fund (IMF) rated Panama one of the strongest growing economy in Latin America as GDP is forcast to grow by 9.2% in 2011 and 13% in 2012. • Political Risk Services (PRS) placed Panama in the top three countries in the northern hemisphere in terms of best risk-investment qualifications as Credit Rating was ipgraded to Investment Grade (BBB-). • The Fraser Institute ranked Panama the second freest economy in Latin America- conducive for the creation of companies, jobs and prosperity (Chile being #1). • Existing mining companies operating in Panama include: • Inmet Mining (Cobre Panama) - world class development project with resources of 34.2 B lb Cu + 8.3 M oz Au; expected annual production of 560 M lb Cu + 90,000 oz Au at cash costs of US$0.90/1b Cu over 30 years • Petaquilla Minerals (Molejon) - junior gold producer, annual production of 100,000 oz Au TSX-V: PRO pershimco.ca 6 EFTA01076913 Cerro Quema Property Overview Lt• . U • resocrces r COSTA RCA do h. CASA.. in INMET r e: ..• PANAMA - . ••••••••••• • neon* gnaws • .• • le As MIMS ?WSW PACIVIC LIMAN n . nein ok use 4 Pair • Ism iOni inn CERRO QUEMA IT iJ High-sulphidation type epithermal gold/copper deposit Fully permitted exploration and construction concessions Excellent infrastructure (easy access to property and close to electrical power lines) • Strong relationship with local community • Pilot plant built by SGS Lakefield with 93% gold recoveries • Straight forward geology allowing an uncomplicated open pit operation Large land position (15,000 hectares) with surface rights for open pit and operations Significant gold resource upside - only La Pava and Quema pits included in existing 495,500 oz resource Recent review of historical resources reveals interesting upsides (or copper deposit TSX-V: PRO pershimco.ca 7 EFTA01076914 Andesitic Epiclastics Fno.99 I • --, Filo Chontal gold bearing target Plan view of the gold trend with multiple targets td . resoirces LaPavallorte silicious target area PsjC:; 6 :::`, ,.... (2 1\, Quema Quema !Pe Numerous additional gold targets to explore within the property Andesitic Epiclastics I Cerro Idalda historic drill hole Mesita Silicious target area TSX-V: PR() 17 km Dacites & Andesites pershimco.ca 8 EFTA01076915 Plan view of the gold trend with multiple targets . H • resoIrces. Quema Quemita A _• 4P La Pava I L 410016. .60# Filo Chontal TSX-V: PRO 9 EFTA01076916 EFTA01076917 Cerro Quema Property Overview k4 • resoirces TSX-V: PRO pershimco.ca 11 EFTA01076918 Cerro Quema Property Overview 72•. . H • reso►rces On-site exploration infrastructures including administrative, lodging, warehouse and core-shack building. TSX-V: PRO pershimco.ca 12 EFTA01076919 EFTA01076920 Cerro Quema Property Overview Diamond Core Drilling operations TSX-V: PRO pershimco.ca 14 EFTA01076921 Cerro Quema Property Overview I hi • resoirces Quema & Quemita pershimco.ca 15 Idalda TSX-V: PRO EFTA01076922 Cerro Quema Property Overview E li e resoirces Cold values in Oxide Histor cal 200,000+ oz Au Copper intercepts 0.14g/t Au + 0,45% Cu on 23.5m Gold values in Oxide Copper intercepts under Gold Cap PDH93045: 0.3g/t Au + 1.55% Cu on 28m Clean Gold Oxide Cap PRH10004 1.41g/t Au on 128.02m Global inventory 352,000 oz Au, Historical Oxide L0. Copper intercepts 32g/t Au + 1,34% Cu on 21m Copper intercepts under Gold Cap PDH92009 0.59g/t Au + 1.07% Cu on 101.7m pershimco.ca TSX-V: PRO 16 EFTA01076923 Cerro Quema Property Overview ;Is • resoircesz. Environmental works (Sediments control ) on the Chontal creek TSX-V: PRO pershimco.ca 17 EFTA01076924 EFTA01076925 Cerro Quema Property Overview el : . ,U • resoirces g. Samples Preparation Laboratory Construction TSX-V: PRO pershimco.ca 19 EFTA01076926 Historical Reserves & Resources (based on US$325/oz Au) El : s u e resources.iii No material reserve or resource change is expected with the confirmation drilling undertaken as part of the updated feasibility study in Q4/2010 The current resource is expected to increase as drilling extends beyond the La Pava and Quema pits • Resource expansion drilling will generate news flow • Upside in the sulfide mineralization below the gold oxide caps • Strong copper results below the oxide caps Category Tonnes Grade (g/t) Gold Oz Pits Included Reserves(1) 6,344,000 Measured(2)(3) Indicated(2)(3) Measured & Indicated(1)(') 8,611,500 6,529,400 15,140,900 1.18 1.01 240,270 La Pava 0.82 0.93 278,400 173,000 451,400 La Pan / Quema La Pan / Quema La Pava / Quema Inferred(3) Total Resources(3) 2,788,800 17,929,700 0.50 (I) Reserves based on the January 2009 feasibility study by INNOVAT Limited (2) Resources are inclusive of reserves (3) Resources based on the January 2004 technical report by ANC Gold 44,100 La Pan / Quema TSX-V: PRO pershimco.ca 20 EFTA01076927 La Pava Open Pit ; • resoirces 3-D model of La Pava gold bearing mineralization TSX-V: PRO pershimco.ca 21 EFTA01076928 Project Pipeline — Courville Gold Project . • resources • Disseminated gold project in the Val-d'Or mining camp in the Abitibi, one of the most prolific gold discovery area. • Claim package over 14,000 ha, 100% owned • Various gold surface anomalies on the eastern zone trend. • VMS anomalies on the western zone • Excellent infrastructure (exploration camp, easy access to property and close to all services) • Gold strike along the Uniacke Shear Zone part of the Destor Porcupine Break • Similarities with Osisko project (low grade, high tonnage) • Project geologists worked on the initial McWatter pit modeling later acquired by Osisko team. The same approach is used to optimize the exploration strategy. TSX-V: PRO pershimco.ca EFTA01076929 Project Pipeline — Courville Gold Project • resoirces1' • PERSHIMCO'S EXPLORATION 14,000-tonne first bulk sample that produced 786.75 ounces of gold, equivalent to a grade of 1.93 g/t Au. The zone 1 of bulk sample is the richest, grading 2.71 g/t Au. A second bulk sample over 2500 tm and metallurgy testing. The bulk sample contained grades of 1.011 g/t Au and 5.2 g/t Ag. Drilling campaigns have reported various intervals of mineralization at low depth. Geophysics and mapping have targeted strong anomalies along the strike. TSX-V: PRO pershimcon DON FROM 010 TO (n) INTERVAL 6010 Ei0 GRADE PRO-07-3D 16 5i 561 1 Di kid 44.7 511 10 4.42 lid 487 50.7 2 2331 kid 493 50.7 1 43.5 PRO-07-15 11 1? 1.-J1 70 101 31 123 kid TI 92 18 1.66 kid 74 83 9 155 79 81 2 1.C6 PRO.07.27 84 74 10 1.18 and 64 65 1 1.09 kid 13 74 1 1.61 87 115 29 121 PRO-07-01 125 148 23 1.01 lnd 138 147 9 225 kid 138 140 2 9.85 PR0.07.22 71 117 46 1.01 kid 71 86 15 1.5 kid 10/ 11 1.51 23 EFTA01076930