Apollo Minerals Limited · ASX:AON
Apollo Minerals — Shareholder Meeting (November 2013)
32 slides from Apollo Minerals's shareholder meeting presentation, Nov 28, 2013
Slide 1: AGM Presentation to shareholders
AGM Presentation to shareholders APOLLO MINERALS 28 November 2013
Slide 2: Disclaimer
Disclaimer 2 This presentation has been prepared by Apollo Minerals Limited (“Apollo” or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respect to those securit
Slide 3: Apollo Minerals
Apollo Minerals Developing quality iron ore and base-precious metals projects in premier locations around the world 3 Overview Board & Management Location Map Apollo Minerals Limited (ASX:AON) is a highly professional iron ore, base Tony Ho Chairman and precious metals explorer with projects in Sout
Slide 4: Highlights
Highlights A number of high value-creating opportunies exist in both Apollo’s iron ore and base-precious metals portfolios 4 Active explorer and project developer Highly experienced iron ore development team (ex-Rio Tinto and Iron Ore Holdings) Portfolio of quality iron ore projects Minimal
Slide 5: 2013 Achievements
2013 Achievements 5 A number of key milestones were reached in 2013 which have positioned the Company well for project success in the New Year Publication of an economically robust Scoping Study supporting the Stage 1 development of the Commonwealth Hill Iron Project in South Australia Execution
Slide 6: 2014 Focus
2014 Focus 6 Progress the iron ore projects towards production and work towards discovery of the next major IOCG Secure funding required for all projects Drill testing of the Ibis DSO – IOCG Prospect Publication of a Concept Study for the Stage 1 development of Kango North Secure environment
Slide 7: Commonwealth Hill Iron Project, SA
Commonwealth Hill Iron Project, SA
Slide 8: Commonwealth Hill Iron Project: infrastructure
Commonwealth Hill Iron Project Project supported by 1st class, open access infrastructure, unique in the Australian iron ore industry 8 1st class rail services: Located at Commonwealth Hill iron ore deposit and prospects High quality below rail engineering Above rail service competition Ro
Slide 9: Commonwealth Hill Iron Project
Commonwealth Hill Iron Project Prized 1,467km2 tenement portfolio with JORC compliant resource, demonstrated iron ore development and large exploration potential 9 Situated in Australia’s newest iron ore province - the Northern Gawler Craton, SA At-surface JORC compliant resources of 72Mt at 26%
Slide 10: Sequoia Iron Deposit
Sequoia Iron Deposit Coarse grained, meta-banded iron formation deposit producing exceptionally clean and coarse concentrates 10 Sequoia Iron-Oxide Deposit: 3D perspective of TMI magnetics 72Mt JORC compliant resource @ 26% Fe Defined Exploration Target of 100 – 150Mt grading 25 – 35% Fe Met
Slide 11: Sequoia Iron Deposit: Scoping Study
Sequoia Iron Deposit Positive Scoping Study results suggest long-life mine and robust economics 11 Simple processing and infrastructure paths identified and assessed Mineable inventory of 131Mt Run of Mine (ROM) Initial strip ratio of 0.5:1, LOM 1.1:1 (tonnes of waste per ROM tonne) Open cut
Slide 12: Ibis & Bundi Prospects
Ibis & Bundi Prospects Large-scale, drill-ready, potential DSO iron ore targets 12 Very strong indications of a shallow, large-scale, iron-rich, structurally Strike length over 6km long and is undrilled controlled series of intrusives similar in style to the nearby Cairn Hill Haematite-rich ou
Slide 13: Titan Base-Precious Metals Project, SA
Titan Base-Precious Metals Project, SA
Slide 14: South Australia: the Copper Kingdom
South Australia: the “Copper Kingdom” Underexplored, world-class iron-oxide–copper–gold(±uranium) IOCG(±U) province underpinned by stable, supportive Government 14 South Australian Copper Projects South Australian Copper Facts 140 Australia is home to the world’s 3rd largest copper resource 120 So
Slide 15: Gawler Craton copper belt
Gawler Craton copper belt Gawler Craton IOCG province is highly prized by the majors with most either already actively exploring and/or seeking projects 15 1880s – 1950s: Pre-Olympic Dam exploration and mining of sediment hosted, quartz-copper sulphide vein deposits and copper carbonates hosted in
Slide 16: Regional Context
Regional Context Apollo has confirmed the strong potential for discovery of major IOCG(U) and small, high grade iron ore deposits at its Project 16 Mt Woods Domain Preserved upper crustal horizon ideal IOCG exploration area setting for the formation of haematite (copper-gold) deposits Titan IOCG P
Slide 17: Highly prospective deep crustal features
Highly prospective deep crustal features MT and seismic data for Titan demonstrates ideal setting for large- scale mantle derived mineralisation systems as per Olympic Dam 17 Titan Project covers the majority of one of the two mantle derived conductive plumes in the central and northern Gawler Cra
Slide 18: Coincident copper-intrusive complexes
Coincident copper-intrusive complexes Widespread evidence of metal enrichment along margins of intrusives including ore-grade iron, gold and copper mineralisation 18 High surface copper and iron and anomalous gold mineralisation identified within likely large-scale intrusive/volcanic complexes A
Slide 19: Geological similarities to Prominent Hill
Geological similarities to Prominent Hill Large-scale, primitive, magnetic, mafic intrusive complexes and volcanics at both the nearby Prominent Hill IOCG and Titan Project 19 Large-scale, primitive, magnetic, mafic intrusive complexes surrounded by large numbers of discrete magnetic anomalies at
Slide 20: Bundi Prospect: Large-scale IOCG target
Bundi Prospect: Large-scale IOCG target Prominent Hill IOCG Deposit & Apollo’s Bundi IOCG target share very similar gravitational geometries and tenors 20 5mgal residual gravity responses possible at both Prominent Hill and Bundi IOCG Prospect Bundi IOCG target circa 3-5 times the size of Promin
Slide 21: Evidence of large-scale alteration
Evidence of large-scale alteration Hydrothermal alteration believed to be important in transporting and concentrating all key metals including copper and gold 21 Surface weathering patterns suggest Wirrida Intrusive Complex (Hiltabaeq) intense alteration and decomposition of Mafic - felsic protero
Slide 22: Bundi: Large-scale IOCG target
Bundi: Large-scale IOCG target Geophysics suggests large-scale intrusion and alteration on a very large-scale, similar in size to Olympic Dam 22 Surface E W Section: 6688525mN Magnetitc granitoid? Haematite dominant alteration? -2000m 2000m Cauldron BUN EM001 alteration block? Historic RAB drilling
Slide 23: Bundi conductive bodies = sulphides?
Bundi conductive bodies = sulphides? EM anomalies identified potentially representative of haematite related copper sulphide mineralisation common in high quality IOCGs 23 Strong electromagnetic conductor and surrounding moderately Resistivity Colour <50 Ohm.m Pink 900Sm BUN001 EM conductive groun
Slide 24: Bundi IOCG Prospect
Bundi IOCG Prospect Metal and sulphide zoning in Bundi indicates potential to be as widespread, and complex as Olympic Dam 24 Limit of of Limit dense 3 +0.1t/m bodies bodies950m 950m below belowsurface surface Chalcopyrite % Limit of +0.1t/m3 Limit of dense bodies bodies1350m 1350m below belowsurfac
Slide 25: Mars / Aurora Tank Prospect
Mars / Aurora Tank Prospect Previously unrecognised, potentially large-scale IOCG system with indications of remanent volcanics, brecciation and copper anomalism 25 Mars drilling: RAB & limited RC: 38% Fe, Site 2: Breccias 2 g/t Au, 4 g/t Ag, 700ppm Cu Site 3: ?Volcanics Site 1 – Large ironstone o
Slide 26: Mars / Aurora Tank Prospect
Mars / Aurora Tank Prospect Basic geology displays striking similarities to Tasman Resources / Rio Tinto Vulcan IOCG Prospect and other South Australian IOCGs 26 Lithologies at and around Vulcan and Olympic Dam includes significant mafic-felsic intrusives such as gabbros, dacites and a variety of
Slide 27: Many other anomalies are unexplored
Many other anomalies are unexplored In addition to targets being evaluated, a large number of anomalies remain unexplored, each of which may be a significant deposit 27 A large number of anomalies remain completely unexplored for IOCG systems xxxx ??? mineral system Many of these anomalies compr
Slide 28: Kango North Iron Project, Gabon
Kango North Iron Project, Gabon
Slide 29: Kango North Iron Project
Kango North Iron Project Highly prospective 225km2 tenement portfolio with demonstrated iron ore development and significant gold exploration potential 29 Gabon, central-west coast Africa Remains one of Africa’s most politically stable and economically developed countries Currently transitioning
Slide 30: Kango North Iron Project
Kango North Iron Project Excellent initial exploration results in this vastly under-explored and emerging world-class iron ore province 30 AMAG survey has identified two large-scale, prospective zones (South-East Domain and North-West Domain) Sub-cropping iron ore mineralisation discovered over
Slide 31: Kango North vs Afferro Mining's Nkout Project
Kango North Iron Project Potential to become a much more attractive mining project than Afferro Mining’s Nkout Project, Cameroon 31 IMC lodged US$190M takeover offer for Apollo Minerals: Kango North Afferro Mining: Nkout Afferro Mining 22 May 2013 Concessions 400km2 981km2 Nkout iron ore develop
Slide 32: Apollo Minerals contact
AGM Presentation to shareholders APOLLO MINERALS Contact: (02) 9078 7665; info@apollominerals.com.au
Apollo Minerals — Shareholder Meeting (November 2013) on 6ix