Redstone Resources Limited · ASX:RDS
Redstone Resources — Investor Presentation (December 2013)
17 slides from Redstone Resources's investor presentation, Dec 11, 2013
Slide 1: Corporate Presentation – Tollu Copper Project
For personal use only Corporate Presentation Tollu Copper Project A World‐class Copper Project in the West Musgrave 10 December 2013 1
Slide 2: Important Information
Important Information For personal use only This presentation has been prepared by Redstone Resources This presentation should not be relied upon as a Ltd (Redstone) for the sole purpose of providing financial, representation of any matter that an investor should consider operational and other infor
Slide 3: Investment Highlights
Investment Highlights For personal use only Turnaround opportunity Project Location Board, corporate and management restructure. Repositioning of Redstone. Refocus on newsflow, promotional and corporate outcomes. Divest Brazilian assets. Potential large scale near surface copper project
Slide 4: Company Overview
Company Overview For personal use only Capital Structure (6 December 2013) Issued Shares (ASX:RDS) – 151,969,390 Listed Options – 30,356,966 Unlisted Options – 9,400,000 Share Price – $0.06 Market Capitalisation – $9.1m 4
Slide 5: Board of Directors and Key Management
Board of Directors and Key Management For personal use only Richard Homsany Edward van Heemst Chairman Non Executive Director Corporate and commercial lawyer with considerable Prominent Perth businessman with 40 years experience advising public listed resource experience in the management of
Slide 6: Turnaround Strategy
Turnaround Strategy For personal use only Board, corporate and technical restructure. West Musgrave focus. Copper is the key priority. •Capital •Brand Divest Brazilian assets. •Relationships •Promotion Build technical team into two streams: •Capabilities •Website •New Capital •Data room
Slide 7: Strategic and Operational Review
Strategic and Operational Review For personal use only Redstone will remain a copper focused company exploring in the West Musgrave region of Western Australia. Redstone will significantly reduce its ongoing administrative overheads. As a consequence the company’s key initiatives will be: Stag
Slide 8: Stage Exploration Program
Stage 1 Exploration Program For personal use only Tollu Copper Project Stage 1 Tollu Copper Project Stage 1 Timeframe Appoint new management structure: 4 months. – Appoint BMGS to review and expand exploration targets. – Appoint metallurgical consultant to commence sighter Tollu Copper Pro
Slide 9: Redstone Business Units
Redstone Business Units For personal use only Redstone’s business units: West Musgrave exploration Tollu Copper Project Saturn Project Halleys Project Brazilian exploration Apuí Project – Phosphate
Slide 10: Geological Model
Geological Model What have we been looking for? For personal use only Background Tollu is a hydrothermal copper‐rich mineralised system which is considered to represent the distal part of a Voisey’s Bay Style1 magmatic Cu‐Ni‐(Co) conformity. Exploration has identified two major styles of mineral
Slide 11: Priority Focus: Hydrothermal Copper Sulphide/Oxide
Priority Focus: Hydrothermal Copper Sulphide/Oxide For personal use only Drilling to date shows hydrothermal mineralisation to be more extensive than originally indicated. Drill intersections of copper sulphide mineralisation now extend over an area 1.8km long by up to 1km wide. Within the hyd
Slide 12: Overview
Tollu Copper Project Overview For personal use only The Tollu Copper Nickel (Cu‐Ni) Project area hosts a giant swarm of hydrothermal copper rich veins in a mineralised system covering an area of at least 6km2 and forming part of a dilation system between two major shears. Work completed: Series
Slide 13: Historical Drill Work
Historical Drill Work For personal use only Recent Drill Programs1 4 2010 2011 2012 1 2 3 1 First RC Program 2 Second RC Program 3 Third RC Program 4 First Diamond Program April – May 2010 November – December 2010 August – February 2012 November – December 2011 11 RC holes in Central Zone and Fi
Slide 14: Brazil Asset - Apuí Project - Phosphate
Brazil Asset ‐ Apuí Project ‐ Phosphate For personal use only Brazilian Exploration – Apuí Project A Brazilian phosphate project with significant high grade (>5%) phosphate mineralisation already identified – 100% owned by Redstone. The Apuí Project is the main discovery of a fertilizer source
Slide 15: Exploration Strategy
Exploration Strategy – Tollu Copper Project For personal use only Limited regional exploration presents an opportunity for Significant Unexplored Exploration Upside Redstone to quickly build a list of new targets and enhance the project scale via a renewed exploration outlook. In the next 12 mon
Slide 16: Project Strategy
Project Strategy – Tollu Copper Project For personal use only Conceptual Study: Engineering. Marketing. Metallurgy. Geology. Infrastructure. Ore Transport. Financial Evaluation. Exploration: – Regional Geology. – Stratigraphy. – Prospect Geology. – Mineralisation. Conceptual Stud
Slide 17: Next Steps
Next Steps For personal use only Turnaround Story 1 Board, corporate and management restructure. Repositioning of Redstone. Refocus on newsflow, promotional and corporate outcomes. Divest Brazilian assets. Tollu Copper Focus 2 By using low cost, near surface exploration techniques, the
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