Altitude Minerals Ltd · ASX:ATT
Altitude Minerals — Copper Search — RIU Explorers Conference 2023
30 slides from Altitude Minerals's conference presentation, Feb 14, 2023
Slide 1: ASX Release: Investor Presentation and Drilling Plans
ASX RELEASE 14 FEBRUARY 2023 BOARD & MANAGEMENT Chris Sutherland – Chair Duncan Chessell – CEO For personal use only Peter McIntyre – NED Greg Hall – NED Dr Antonio Belperio – NED Tim McCormack – CFO Jarek Kopias – Co Sec CAPITAL STRUCTURE Ordinary Shares: Issued 82.4M Options: 4.0M Performance Righ
Slide 2: IOCG Focussed Explorer in South Australia
For personal use only IOCG FOCUSSED EXPLORER IN SOUTH AUSTRALIA Duncan Chessell CEO & Exploration Manager RIU Explorers Conference Fremantle 14 February 2023 1
Slide 3: Micromine 3D Models Available to View
For personal use only MICROMINE 3D MODELS AVAILABLE TO VIEW IOCG DRILL TARGETS AT BOOTH #71 2
Slide 4: Company Overview
COMPANY OVERVIEW For personal use only Market Cap Top 20 Shareholders Share Price $21 m 66 % $0.255 Our Mission Cash on hand (last Quarterly Dec 2022) Shares on issue Active Project $7.4 m 82.4 m Gawler Craton Copper Search Ltd (CUS) is a junior mineral explorer with projects prospective for in Grou
Slide 5: What Makes a Successful Explorer?
WHAT MAKES A SUCCESSFUL EXPLORER? For personal use only #1 THE RIGHT TEAM THE RIGHT TEAM WILL CHOOSE THE ü RIGHT COMMODITIES ü RIGHT TIMING ü RIGHT PROJECTS ü RIGHT JURISDICTIONS ü BEST DRILL TARGETS ü and attract the RIGHT FUNDING 4
Slide 6: The Team
THE TEAM Duncan Chessell, CEO & Exploration Manager The Copper Search Geologist with over 20 years of experience in business and mineral For personal use only exploration. Duncan has worked in the Northern Territory, Papua New team is led by CEO Guinea, Alaska and has made several gold discoveries i
Slide 7: For personal use only
For personal use only Adelaide 6 Mines data source - company websites OZ Minerals & BHP
Slide 8: For personal use only
For personal use only Adelaide 7 Mines data source - company websites OZ Minerals & BHP
Slide 9: Peake & Denison domain equivalent to Cloncurry District
For personal use only The Peake & Denison geological domain was recently recognised as equivalent to the copper-rich Cloncurry District in Queensland via OZ Minerals funded drilling results on the neighbouring ground (October 2022) Adelaide 8 Mines data source - company websites OZ Minerals & BHP
Slide 10: Correlation to Mt Isa Domain - A Known IOCG District
CORRELATION TO MT ISA DOMAIN - A KNOWN IOCG DISTRICT For personal use only Mt Isa Mt Isa Peake & Denison Peake & Denison Gawler Craton Curnamon Gawler a Craton ~1790 Ma Today Tectonic reconstructions suggest that the Nawa Domain (a.k.a. Peake & Denison) once formed a contiguous belt with the Mt Isa
Slide 11: The Peake Project, South Australia
THE PEAKE PROJECT SOUTH AUSTRALIA The Peake Project is located in the NE Gawler Craton, prospective for large- For personal use only scale copper (IOCG) deposits. Until 2022 the area has been previously underexplored as the age of the potential deposit-forming rocks was 50Ma younger than IOCG exampl
Slide 12: Large Exploration Space
LARGE EXPLORATION SPACE For personal use only 5,560 km2 project area Under-explored 28 basement drill intersections = 1 drill hole per 200 km2 Only 46 soil samples in total with over >500km2 outcrop* *satellite remote sensing survey underway to fast-track targeting Historical Drill Collars by Commod
Slide 13: Exploration Approach - Lithostructural Analysis Narrow the Focus
EXPLORATION APPROACH – LITHOSTRUCTURAL ANALYSIS NARROW THE FOCUS • The 2019 SA Government funded Gawler Craton Airborne Survey For personal use only (GCAS) flown at 200m flight line spacing allowed much greater detailed interpretation to be undertaken than previously possible. • A litho-structural i
Slide 14: CUS Primary Targeting Methodology - Ranking System
CUS PRIMARY TARGETING METHODOLOGY – RANKING SYSTEM The most significant conclusion of the 2022 project review narrowed the exploration search space to structural corridors associated with For personal use only deep-tapping Mesoproterozoic faults and Mesoproterozoic intrusive rocks, which have been d
Slide 15: Drill Testing High-Priority Drill Targets
DRILL TESTING HIGH-PRIORITY DRILL TARGETS (FROM LATE MARCH) For personal use only Upcoming Exploration Activities • Drilling four (4) high-priority P1 drill targets to commence in late March 2023 • Airborne EM geophysics survey of ~1,500 line km over three zones to be completed in March Upcoming Res
Slide 16: High-Priority Drill Targets
HIGH-PRIORITY DRILL TARGETS (START DRILLING IN MARCH) For personal use only Drill Target Priority Gravity Magnetic Modelled Size Depth to Top of Description (P1-P2) (mGal) Response of highest gravity modelled highest (SI x10-5) iso-shell density (m) (width x length x thickness) AC23 P1 3.8 weak 800
Slide 17: Curdimurka Drill Targets (CU01 & CU02)
CURDIMURKA DRILL TARGETS (CU01 & CU02) For personal use only Long Section View NW-SE of CU02 and CU01 0.16 g.cc gravity shell 5000 SI mag shell Ground Ground level level 5000 SI mag shell 0.16 g.cc gravity 1000 shell 0.16 g.cc gravity m shell N Scale: 1000m grid Scale: 1000m grid Plan View CU02 and
Slide 18: Micromine 3D Models Available to View
For personal use only MICROMINE 3D MODELS AVAILABLE TO VIEW IOCG DRILL TARGETS AT BOOTH #71 17
Slide 19: Summary - Copper Search - In One Page
SUMMARY – COPPER SEARCH – IN ONE PAGE IOCG - Copper Focus – The Peake Project, South Australia For personal use only • 5,560km2 prospective IOCG ground position in the emerging Peake & Denison geological domain, recently confirmed as equivalent to the copper-rich Cloncurry District in Queensland by
Slide 20: Disclaimer, JORC Information & Competent Persons Statement
DISCLAIMER, JORC INFORMATION & COMPETENT PERSONS STATEMENT This presentation has been prepared by Copper Search Limited (Copper Search). This document contains background information current at the date of this presentation. The presentation is in summary form For personal use only and does not purp
Slide 21: Contact
For personal use only CONTACT Duncan Chessell CEO +61 414804055 duncan@coppersearch.com.au www.coppersearch.com.au Adelaide Office 21 Sydenham Road Norwood SA 5067 Authorised for release by the board of Copper Search Limited 20
Slide 22: Competent Person Statement
Competent Person Statement The information in this report related to Exploration Results is based on data compiled by Mr Duncan Chessell, a member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and Australian Institute of Geoscientists (MAIG). Mr Chessell is a full-time employee of
Slide 23: Appendix 1. Summary of geophysics survey results at the Peake Project
Appendix 1. Summary of geophysics survey results at the Peake Project Table 1a: Location of new gravity survey stations collected in 2022 For personal use only Tenement 2022 Gravity Infilled 2022 Gravity station spacing Geophysical Anomalies Mt Arthur MA01, MA03 400m grids Spring Hill SH02 400m grid
Slide 24: Copper Search Merged Bouguer Gravity Image
Table 1b: Copper Search Merged Bouguer Gravity Image The Merged Bouguer Image combines 6,394 new Copper Search gravity stations acquired during 2022, merged with open file gravity data from the State Government SARIG website. Significant structures interpreted by PGN Geoscience are also shown. For p
Slide 25: Grid Profiles over six priority drill targets
Table 1c: Grid Profiles over six priority drill targets Gravity profiles derived from 50m centre UBC style inversions. For personal use only
Slide 26: Appendix 2. JORC Table 1: Sampling Techniques and Data
Appendix 2. The following tables are provided to ensure compliance with the JORC Code (2012) requirements for reporting the exploration results for The Peake Project, South Australia. Section 1 Sampling Techniques and Data For personal use only JORC Code explanation Commentary Sampling • Nature and
Slide 27: JORC Table 1: Sampling Techniques (continued)
Criteria JORC Code explanation Commentary • The total length and percentage of the relevant • Not Applicable (NA) – no drilling or drill sampling intersections logged. is being reported. Sub- • If core, whether cut or sawn and whether quarter, • Not Applicable (NA) – no drilling or drill sampling sa
Slide 28: JORC Table 1: Data Spacing and Distribution
Data spacing • Data spacing for reporting of Exploration Results. • Gravity data was collected with variable and station spacing of 100, 250, 400, 500 & 1000 m. See maps and table of station spacing by distribution target for details. • Whether the data spacing and distribution is sufficient to esta
Slide 29: JORC Table 1: Exploration by Other Parties and Geology
Exploration • Acknowledgment and appraisal of exploration by • Limited exploration drilling has been done by other other parties. undertaken by previous explorers within the parties tenements, with only 28 basement intersections in 5,560km2, previous exploration was undertaken for diamonds, uranium
Slide 30: JORC Table 1: Further Work
Further • The nature and scale of planned further work • A drilling program to test the four (4) highest work (e.g. tests for lateral extensions or depth priority targets has been planned and will extensions or large-scale step-out drilling). commence in the first half of 2023. • Diagrams clearly hi