Revelo Resources Corp.
Company Data
| Introduction
| Projects in Hand
| Management
News Update
| Chinese
| Address ： |
Suite 501 – 543 Granville Street Vancouver, BC Canada V6C 1X8 |
| Tel No.： | +1 604-687-5544 |
| Web Site： | www.reveloresources.com |
| E-mail： | info@reveloresources.com |
| Contact Person： | Tim Beale |
| Position： | President & CEO |
| Traded Market： | TSX-V |
| Traded Symbol： | RVL |
| Outstanding Shares： | 38,627,083 |
| 52 Week High： | $ 0.20 |
| 52 Week Low： | $ 0.05 |
| Present Price： | Click Here |
Revelo is a Canadian company listed on the TSX Venture Exchange (TSXV: RVL). Revelo has interests in an outstanding portfolio of projects prospective for gold and copper located along proven mineral belts in one of the world's top mining jurisdictions – Chile. The Company has a vision to reward shareholders with wealth-generating mineral discoveries along Chile's prime mineral belts, through leveraged and more efficient capital deployment, exploration, discovery and monetization.
Chile is a significant producer of:
- Copper (world #1)
- Gold
- Silver
- Lithium
- Molybdenum (with copper)
100%-Owned Gold-Silver Projects
4 Gold-Silver Projects (100% Revelo – 38,000 Ha)
- Victoria Sur:Porphyry Gold and Porphyry Copper-Gold
- Las Pampas: Low-Sulphidation (LS), Epithermal Gold-Silver
- Loro: Low-Sulphidation (LS), Epithermal Gold-Silver
- Orca: Shear-Zone Gold
Several targets partially defined for drill follow-up
- Early-stage drill testing on 3 projects
- Proof of concept – including significant gold intercepts at Victoria Sur
- Significant geochemical and geophysical anomalies
- Large databases
- Easy access and good infrastructure
100%-Owned Copper Projects
Partner Funding Sought
Calvario & Mirador Projects (100% Revelo)
- Looking for partner
- 14,600 Ha
- Porphyry Cu-Au exploration – large property with minor historic drilling
- Highly anomalous surface geochemistry
- Possible Joint Venture (JV) or fully-funded spin-out
Montezuma Project (100% Revelo)
- Looking for partner
- 16,000 Ha
- Multiple porphyry Cu-Au targets situated between major copper mining districts
- Significant historic drilling with mineralized intercepts on some targets
- Possible Joint Venture (JV) or fully-funded spin-out
Equity Interests in Copper Exploration
Spin-Out Companies
West Pacific Ventures Corp.
- 8 exploration projects for Cu-Mo-Au
- Arrieros, Block 2, Block 3, Block 4, Redondo-Veronica, Cerro Blanco, Cerro Buenos Aires, and Morros Blancos
- 58,000 Ha
- Revelo Equity Interest @ 19.9%
- Binding Letter Agreement signed
Atacama Copper Exploration Limited
- 3 exploration projects for Cu-Au-Mo
- San Valentino, T4 and Las Animas
- 7,000 Ha
- Revelo Equity Interest @ 15%
- Private company – agreement executed
Victoria Sur (6,600 Ha) – Revelo's Exploration Focus
Victoria Sur is a dynamic gold exploration opportunity located in the Domeyko Belt, which hosts some of the world's largest copper deposits and mines.
Property Highlights:
- Prospective for porphyry gold and epithermal gold and silver systems
- Multiple anomalies, multiple targets defined from significant exploration database
- Past drilling and trenching identified near-surface gold mineralization
- 12 months program includes further refinement of drill targets through mapping, geophysics, and trenching followed by drill testing
Principal Targets
- Nueve Vidas: Porphyry Gold & High Sulphidation (HS) Epithermal Au-Ag
- Cenizas: HS Epithermal Au & Porphyry Cu-Au
Secondary Targets
- Victoria I: LS-Epithermal Ag-Au vein
- Victoria II: LS-Epithermal Ag-Au veins and mantos
- Pisacas: significant magnetic anomaly and partial IP chargeability anomaly
Victoria Sur Exploration Plan
Nueve Vidas:
- Detailed mapping and trenching
- Detailed magnetics and IP coverage
- Drill testing (+/- 4,500 m)
- Follow-up principal targets
- Explore for K-altered core of porphyry Au target
Cenizas:
- Detailed mapping
- Detailed magnetics and IP coverage
- Drill testing (+/- 3,000 m)
- Follow-up principal targets
- Test for K-altered core of porphyry Cu-Au target
Secondary Targets:
- Geological mapping and surface sampling
Revelo's Strategy for 2020/2021
Revelo's capital will be directed towards exploring its gold portfolio, while continuing to create value for Revelo's shareholders from its copper projects through partnerships and spinouts. Specific objectives include:
- Refine and drill test Victoria Sur targets
- Define drill targets at Las Pampas, Loro, and Orca Projects
- Directing and Contributing to Copper exploration programs
- Spin-out companies
- West Pacific Ventures Corp. (19.9% Revelo)
- Atacama Copper Exploration Ltd. (15% Revelo)
- JV Montezuma, Calvario and Mirador Projects
Revelo's Value Proposition for Investors
- Chile: Where the world goes for gold and copper
- Right time. Right metals.
- Best-in-class properties
- A focused strategy for efficient exploration with rapid drill testing of targets
- A track record of project monetization
Management and Directors
Michael Winn, Chairman
Over 30 years' investment and financial experience in mining and oil and gas sectors, and involvement with several successful junior mining and exploration companies.
Timothy Beale, President & CEO, Director
Over 30 years' experience in South America with involvement in early-stage discoveries in Argentina and major acquisition in Peru.
John Davidson, Exploration Manager
Over 40 years' precious metals experience in South America, based in Chile, and involvement with major precious metals discovery in Chile.
Doug Reed, Chief Financial Officer
More than 10 years of accounting experience in the mineral exploration and mining industry.
Colin Bird, Director
Over 30 years' mining management experience
Raymond Jannas, Director
Over 30 years' gold and base metals experience in South America
Ralph Rushton, Director
More than 30 years of exploration, business development and investor relations experience.
Demetrius Pohl, Independent Consultant & QP
More than 40 years of gold and base metals exploration experience
Mario Szotlender, Advisor
Over 30 years' investment/financial experience in Latin America
On August 17, 2020, Revelo Resources Corp. has signed a definitive Property Sale and Purchase Agreement with WestPac for the sale of its Arrieros, Block 2, Block 3, Block 4, Redondo-Veronica, Cerro Buenos Aires, Cerro Blanco and Morros Blancos copper-gold-moly exploration projects all located in northern Chile, subject to certain conditions precedent being met. As per the previously signed LOI, Revelo has received a second cash payment of US$175,000 on signing of the Agreement, having previously received an initial payment of US$125,000 on signing of the LOI, together with the right to receive such number of fully paid and non-assessable shares of WestPac that would on exchange with the Resulting Issuer pursuant to a proposed Reverse Takeover represent 19.9% of the issued and outstanding shares of the Resulting Issuer.
On June 29, 2020, Revelo Resources Corp. has outlined its intentions for the exploration of its gold-silver projects in northern Chile. Revelo intends to focus its post-Covid activities and exploration funds, subject to Revelo raising new capital, on a rolling program of surface exploration on these projects in order to advance towards potential discovery.
On June 18, 2020, Revelo Resources Corp. reported progress on the agreement to sell 8 copper projects in Chile. Revelo project buyer West Pacific Ventures Corp. (WPV) has signed a binding letter of intent with Fireswirl Technologies Inc., by which Fireswirl is proposing to acquire 100 per cent of the outstanding shares of West Pacific in consideration for shares of Fireswirl in a reverse takeover (RTO). The resulting company will apply to list on the Canadian Securities Exchange. WPV holds the right to acquire a 100% interest in eight copper focused projects in northern Chile from Revelo pursuant to the terms of a Binding Letter of Intent ("LOI") between WPV and Revelo (see news release dated May 19, 2020).