Classic Minerals Ltd · ASX:CLZ
Classic Minerals — Shareholder Meeting (November 2013)
16 slides from Classic Minerals's shareholder meeting presentation, Nov 20, 2013
Slide 1: Investor Update: Annual General Meeting
INVESTOR UPDATE Annual General Meeting ASX: CLZ 20 November 2013
Slide 2: Disclaimer
Disclaimer The information in this presentation is published to inform you about Classic Minerals Limited and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results
Slide 3: Classic Minerals: Driving to Discovery
Classic Minerals: Driving to Discovery Classic Minerals is an ASX listed exploration company driving to deliver growth for shareholders from targeted exploration across four major projects in WA which are all 100% owned Classic’s Fraser Range project (E28/1904) is situated approximately 40km nor
Slide 4: Delivering on Expectations
Delivering on Expectations Classic has already completed two successful rounds of drilling and is about to commence a third May Jun Jul Aug Sep Oct Nov Successful IPO ✓ 24 May 2013 ✓ VTEM Survey Results Identified 18 conductors (Targets A1- A15) ✓ Completed Geochem Large rock chip geochemical anom
Slide 5: Prioritising Key Value Growth Projects in 2014
Prioritising 2 Key Value Growth Projects in 2014 Classic will prioritise its focus on two key value growth projects in 2014: 1. World Class Fraser Range Copper, Nickel, Gold Region Classic’s Fraser Range tenement is in the Hottest exploration address in Australia Sirius Resources Nova discover
Slide 6: Fraser Range: The Hottest Exploration Address in Australia
Fraser Range: The Hottest Exploration Address in Australia Highly prospective for Copper, Nickel, Zinc and Gold Classic holds 100% of a 28km strike across 84 sq km Visible copper (malachite) in outcrops Identified 7 High priority targets from 18 electromagnetic conductors Already completed
Slide 7: Alpha Copper Deposit Discovery (A2 Target)
Alpha Copper Deposit Discovery (A2 Target) Identified a mineral zone over 250m long and over 60m wide Dips NW, Plunges approx. 30 degrees NNE, remains open to north and east Drilling intersecting up to 20% sulphides in some samples with zones up to 12m thick. Delivered excellent early Copper
Slide 8: Consistent, significant shallow copper mineralisation
Consistent, significant shallow copper mineralisation
Slide 9: Alpha Copper Deposit Cross Section
Alpha Copper Deposit Cross Section 9
Slide 10: A1 Target Showing Prospectivity for Nickel
A1 Target Showing Prospectivity for Nickel Stage 1 drilling highlighted anomalous nickel values despite missing the EM conductor. > Included 7m of 0.11% Ni from 95m (FRRC007) Stage 2 drilled into centre of revised conductor > Intersected gneiss with anomalous nickel values including: > 16m of 0.
Slide 11: A7 Target Shown Prospectivity for Nickel-Copper-Cobalt
A7 Target Shown Prospectivity for Nickel-Copper-Cobalt Initial hole delivered Anomalous Copper, Nickel, Cobalt results Latest results from Stage 2 Drilling into middle of the revised north conductor block (FRRC019), intersected 3m of anomalous copper, nickel and cobalt Hole FRRC033 into south
Slide 12: Multiple further targets tested
Multiple further targets tested Progressively working through 6 additional targets Early stage highlights include: Targets A4,7,13,15 & 17 – All delivering anomalous copper and zinc values Target A13 - Anomalous gold between 20ppb and 52ppb intersected over a thick zone Target A8 intersect
Slide 13: Driving Forward on Fraser Range Exploration
Driving Forward on Fraser Range Exploration Classic Minerals is driving an intense exploration programme to accelerate its goals of discovery: > Stage 3 Drilling about to commence with 32 holes of in-fill and step out drilling > Goal is to delineate the fuller extent of the mineralisation, looking
Slide 14: Cowarna Rocks Hematite Project: Highly Strategic Alluvial Hematite Deposit
Cowarna Rocks Hematite Project: Highly Strategic Alluvial Hematite Deposit In addition to Fraser Range Tenement, Classic is also looking to advance the Cowarna Rocks Hematite Project Goal is to be able to fast track the monetisation of the tenement Classic has a 94 sq km landholding bordering
Slide 15: Summary
Summary Classic is exploring in the hottest exploration address in Australia at its 100% owned Fraser Range tenement Classic has already achieved success in identifying the Alpha copper deposit in this early stage and other targets with potential for nickel and gold Drilling intersected strong
Slide 16: Contact
Classic Minerals is striving to deliver growth for shareholders from targeted exploration across four major projects in Western Australia. Contact Justin Doutch, Managing Director justin@classicminerals.com.au Classic Minerals Limited Tel: +61 8 94453008 Level 1, 30 Hasler Road Osborne Park, WA 6017
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