Activex Limited · ASX:AIV
Activex — Mining 2012 Resources Convention
25 slides from Activex's conference presentation, Oct 31, 2012
Slide 1: Mining 2012 Resources Convention
Mining 2012 Resources Convention October 2012 For personal use only Managing Director ActivEX Limited Doug Young Discovering new gold-copper resources Oct 2012 1
Slide 2: ActivEX project locations
ActivEX project locations For personal use only Gilberton Ravenswood Cloncurry Barambah Esk Trough Information provided is for information purposes and does not constitute financial product advice. You should obtain independent advice before making any financial decisions. Although ActivEX Limited a
Slide 3: Cloncurry – significant holdings
Cloncurry – significant holdings For personal use only World scale metals province o Resurgent neighbourhood Multiple quality holdings 963km2 o Holdings doubled in size IOCG targets (iron oxide copper gold) New grants – new targets being generated Florence – key project Mt Agate JV – AIV
Slide 4: Florence Project – recent drilling
Florence Project – recent drilling Florence – skarn targets For personal use only Copper-gold-cobalt discoveries in 2010-2011 Shallow mineralised zones puts focus on three potential open pits Sterling - IOCG targets Haematite granitic breccias over 4.5km Coincident conductivity and geoch
Slide 5: Florence Bore North (FBN)
Florence Bore North (FBN) Discovery hole 2010 For personal use only o 32m @ 1.09% Cu, 0.12g/t Au, 123g/t Co 2011 drilling highlights o High grade zones intersected o 22m @ 1.03% Cu, 0.07g/t Au, 44g/t Co o 14m @ 2.04% Cu, 1.08g/t Au, 101g/t Co Near surface o All intersections above 120m o Oxide
Slide 6: Florence Bore South (FBS1)
Florence Bore South (FBS1) Discovery hole For personal use only o 38m @ 0.44% Cu, 0.06g/t Au, 116g/t Co 2011 drill highlights o Wide zones of mineralisation o 86m @ 0.39% Cu, 0.05g/t Au, 60g/t Co o High grade zones o 14m @ 1.42% Cu, 0.32g/t Au, 230g/t Co Second potential open pit o 3km south o
Slide 7: Florence Bore South (FBS1)
Florence Bore South (FBS1) For personal use only Copper drill intersections consistently high in rare earth elements Plot of copper + cobalt (green) vs TREO (purple) shows coincidence of mineralisation styles Investigating mineralogy Oct 2012 For complete information on TREO results see ASX re
Slide 8: Florence Bore South (FBS2)
Florence Bore South (FBS2) For personal use only Mineralisation over 400m Deeper drilling shows sulphides with higher grades in primary zone o 4m @ 3.68% Cu, 0.74g/t Au, 226g/t Co Potential for third open pit More drilling required Oct 2012 8
Slide 9: Selwyn East Project – great address
Selwyn East Project – great address For personal use only Cu-Au EPM 18073 Mo-Re Cu Au-Cu Oct 2012 9
Slide 10: Selwyn East – gossan discovery
Selwyn East – gossan discovery AIV 100%, granted Sept 2011 For personal use only Radiometrics shows clear thrust structures - related to Merlin-Mt Dore trend Structures splay into AIV ground Heathrow Gossan discovery 2,700ppm Cu, 536ppm Co, 0.17ppm Au, 652ppm Mo, 9,000ppm TREO ActivEX Selw
Slide 11: Selwyn area – late stage fractures
Selwyn area – late stage fractures For personal use only Hyperspectral data from QLD Mines Department and CSIRO Ferric oxide channel – defines major structures as for radiometrics Also shows late stage brittle (cross) fractures – potential conduits for mineralising fluids Molybdenum rich zon
Slide 12: Heathrow (SAM) Magnetics
Heathrow (SAM) Magnetics For personal use only Magnetic anomaly 4.5km long, mostly obscured by sand Gossans located at southern end of anomaly Dolerites associated Disrupted by late brittle fractures Second magnetic anomaly with associated gossans – JFK (2,000ppm copper) Oct 2012 ground ma
Slide 13: Heathrow (SAM) Conductivity
Heathrow (SAM) Conductivity For personal use only Strong resistive zone (blue) related to Heathrow gossans Significant conductivity anomaly (white) – main section 1400 metres long, up to 250 metres wide Conductive anomaly completely covered by sands Conductivity shows linking between paralle
Slide 14: Other Cloncurry areas - Bulonga
Other Cloncurry areas - Bulonga For personal use only Highly anomalous gold in stream sampling Adjacent to Milo prospect – IOCG system Limited drilling in the area William Creek haematite gossan – 7g/t Au aeromagnetic image Oct 2012 14
Slide 15: ActivEX Projects - SEQ
ActivEX Projects - SEQ For personal use only Esk Trough Barambah Oct 2012 15
Slide 16: Esk Trough Project
Esk Trough Project For personal use only Strategic holding Targeting porphyry Cu-Au-Mo o Wide zones - 290m @ 0.13% Cu o Good grades - 88m @ 0.47%Cu, 0.49g/t Au o Numerous targets 3DIP program refines drill targets Recent drilling at White Horse, Kakapo, Sefton Oct 2012 16
Slide 17: White Horse – secondary enrichment
White Horse – secondary enrichment For personal use only Significant zones of shallow secondary copper enrichment in all holes drilled Highlights - o ABJ020 - 26m @ 0.85% Cu from 21m o ABJ021 – 28m @ 0.96% Cu from 29m o incl 17m @ 1.4% Cu from 32m o ABJ023 – 15m @ 1.09% Cu from 29m o ABJ025 – 13
Slide 18: White Horse – secondary blanket
White Horse – secondary blanket For personal use only A A’ Flat lying secondary enrichment zone above low grade porphyry mineralisation Enriched blanket of chalcocite and copper oxides – potential for heap leach Shallow mineralisation - from surface to 50 metres deep Oct 2012 18
Slide 19: Barambah Project – AIV 75%
Barambah Project – AIV 75% For personal use only Cracow style high grade gold-silver Bonanza grades o 2m @ 15.9g/t Au, 1,556g/t Ag o 17.15m @ 4.98g/t Au, 118g/t Ag o 5.4m @ 2.64g/t Au, 247g/t Ag Accessible from open pit or shallow underground Treatment options within 50km Oct 2012 19
Slide 20: Barambah Project - new vein found
Barambah Project - new vein found Parallel vein system discovered For personal use only outside tested area, poor outcrop High grade gold-silver values o up to 18.6g/t Au and 214g/t Ag North vein extension o up to 11.8g/t Au and 164g/t Ag Drill program planned o Main vein - down plunge o Nor
Slide 21: ActivEX Projects - FNQ
ActivEX Projects - FNQ For personal use only Gilberton Ravenswood Oct 2012 21
Slide 22: Mt Leyshon - Ravenswood
Mt Leyshon - Ravenswood For personal use only Mineralisation over 400m Welcome Breccia Mt Wright Ravenswood 0.2M ozs gold 1M ozs gold 3M ozs gold Deeper drilling shows sulphides with higher grades in primary zone o 4m @ 3.68% Cu, 0.74g/t Au, Seventy 226g/t Co Mile Mtn Mt Leyshon 3M ozs gold Po
Slide 23: Seventy Mile Mtn – developing target
Seventy Mile Mtn – developing target Matthews Middle Mt Seventy Mile Mtn For personal use only Pinnacle 10m @ 0.2% Cu 16m @ 3.2g/t Au 43m @ 0.1% Cu Black Knight 194m @ 0.14% Cu Oct 2012 23
Slide 24: Capital Structure
Capital Structure Issued Capital 220,903,950 For personal use only Unlisted Options 3,050,000 Market Cap (9-2012) $3.5M Key Holders o Elite Ray Investments Limited 13% o ASF Group Limited 11% o M Ruane (& Associates) 11% o MD 4.4% Cash $0.6M One year Price/volume Graph Oct 2012 24
Slide 25: ActivEX – forward program
ActivEX – forward program Barambah – gold-silver For personal use only o Build on bonanza gold-silver grades to south and north o Test parallel vein system Cloncurry – copper-gold-cobalt o Develop and drill test Selwyn East targets Esk Trough – copper o Extend enrichment mineralisation Thank y