Slide 1: RIU Explorers Perth
For personal use only RIU EXPLORERS PERTH 19 February 2014 PAUL POLI EXECUTIVE CHAIRMAN ASX: MAT
Slide 2: Disclaimer
Disclaimer 2 For personal use only Forward Looking Statements The material used in this presentation is intended to be a summary of selected geological data, current and proposed activities, as well as resource estimates based on information available to Matsa Resources Limited (“Matsa” or “the Comp
Slide 3: Corporate Information
Corporate Information 3 For personal use only Corporate Structure Directors Stock Code ASX: MAT Paul Poli Executive Chairman Shares on Issue 144.15 million Frank Sibbel Non - Executive Director Unlisted Options 8.3 million @ $0.31 - $0.45 Non - Executive Director & Company Andrew Chapman Secretary M
Slide 4: Investment Concept
Investment Concept 4 For personal use only Pipeline of projects at varying stages of development across diversified commodities and countries Mt Henry Gold JV with Panoramic Resources at BFS stage with targeted production in late 2015 Symons Hill, Nickel Copper Project, Fraser Range is in expl
Slide 5: Project Pipeline Overview
Project Pipeline Overview 5 For personal use only Western Australian Projects Mt Henry Gold JV (30%) – BFS Symons Hill Fraser Range – Drilling Killaloe Au and Ni (80%) – Exploration Dunnsville Gold Project -- Exploration Minigwal Nickel/Gold – Exploration Thailand Projects Siam Copper --
Slide 6: Impressive Tenement Holdings
Impressive Tenement Holdings 6 For personal use only
Slide 7: Mt Henry Gold JV MAT 30%
Mt Henry Gold JV MAT 30% 7 For personal use only Overview JV with Panoramic Resources (ASX: PAN) one of the last unmined large open cut gold deposits in Australia Contains combined Resource of 1.71Moz Au with over 75% indicated being 45.09Mt at 1.18g/t Au BFS underway and due for completion in
Slide 8: Mt Henry Gold JV: Positive Scoping Study results
Mt Henry Gold JV 8 For personal use only Positive Scoping Study results Annual production averaging 116,000oz Au pa Initial project life of 7.25 years ~840,000oz Au production Average operating costs ~A$930/oz Estimated initial capital of ~A$195M (including contingency) Potential for signi
Slide 9: Symons Hill Regional Setting
Symons Hill Regional Setting 9 For personal use only MAT 100% owned (E69/3070) Situated 6 km south of Sirius’ Nova- Bollinger within a discrete complex part of the Fraser Zone Structural zone highly prospective as new nickel province Ni-Cu discoveries to date are within metagabbro sills in t
Slide 10: Nova Bollinger
Nova Bollinger 10 For personal use only Finding similar geology and similar “halo effect” the key to the next discovery Mineralisation comprises, pentlandite, chalcopyrite and pyrrhotite Best early aircore intercepts at Nova 8m @ 1.06%Ni 0.12%Cu 7m 0.49%%Ni and 0.01%Cu 3m @ 0.45% and 0.0
Slide 11: Symons Hill Aircore Drilling
Symons Hill Aircore Drilling 11 For personal use only Reconnaissance aircore drilling completed over 5 of the 6 key geochemical targets SHG01-SHG04 and SHG06 Aircore drilling returned assays greater than 0.8% Ni and up to 1.1% Ni with co-incident elevated Cu, Co and PGE’s at 2.5km long Target SH
Slide 12: Symons Hill RC Drilling
Symons Hill RC Drilling 12 Reconnaissance RC drilling confirms elevated For personal use only Ni in unweathered metagabbro at SHG02 and SHG03 • 108m @ 0.27% Ni, 43ppm Cu from 12m, to EOH SHG02 • 100m @ 0.21% Ni, 29ppm Cu from 20m to EOH SHG02 • 56m @ 0.39% Ni, 162ppm Cu from 28m in SHG03 RC dril
Slide 13: Symons Hill Structural Study
Symons Hill Structural Study 13 For personal use only Nova-Bollinger interpreted to be hosted by a doubly-plunging synformal metagabbro unit (“The Eye”) All 6 of Matsa’s key targets (SHG01-SHG06) are located within extensive complexly folded metagabbro units • 4 targets occur within Interpreted
Slide 14: Symons Hill Exploration
Symons Hill Exploration 14 For personal use only Exploration in Full Swing with multi crews currently on site with near term results New targets in the metagabbro include previously identified EM conductors which have been significantly enhanced by the interpretation Aircore drilling programme
Slide 15: Killaloe MAT 80%
Killaloe MAT 80% 15 For personal use only Killaloe project 94km2, 20km NW of Norseman. Adjacent to Sirius Resources Polar Bear Project Appears to be extension to the Kambalda Ni and Higginsville gold trend Original focus on gold mineralisation in trucking distance Mt Henry Gold Mill
Slide 16: Killaloe - Gold KLGT01 and KLGT02
Killaloe - Gold KLGT01 and KLGT02 16 For personal use only Drilling has intersected broad zones of anomalous gold at Gossan E with 48m @ 0.28g/t Au from 4m depth including 1m @ 7.24g/t Au, and 1m @ 2.74g/t Au in (13RC004) 3 aircore drill holes at KLGT02 intersected anomalous gold value 2m @
Slide 17: Killaloe – Nickel/Base Metals
Killaloe – Nickel/Base Metals 17 For personal use only Could signify a large system for base metals Previously identified magmatic Ni Sulphide minerals but RC drilling discovered highly anomalous zinc results 18m @ 1.05% Zn from 96m including 1m @ 8.04% Zn and 5.1g/t Ag and 4m @ 4.2% Zn (13KC5
Slide 18: Minigwal - Nickel
Minigwal - Nickel 18 For personal use only Matsa 100% tenements for 593km2 Sandwiched between the St George Minerals’ Ltd Cambridge Project and Impact Minerals Ltd Mulga Tank Project 4 large areas of structural complexity prospective for gold at Minigwal South several extensive komatiite uni
Slide 19: Dunnsville Gold
Dunnsville Gold 19 For personal use only Large tenement holding ~304km2 over zone favourable for gold mineralisation Discovered at least three gold in soil anomalies with combined length > 10km Drill results include grades of up to 7.85g/t Infill and regional soil sampling programme totallin
Slide 20: Other Projects
Other Projects 20 For personal use only Thailand Projects Siam Copper Paisali Iron Ore KT Gold Other projects currently under review in Western Australia Dundas Iron Ore Kurnalpi (Nickel) Binneringie (Nickel) Zanthus (Gold) Fraser Range North
Slide 21: Contact Information
Contact Information: 21 For personal use only Paul Poli Executive Chairman Suite 11, 139 Newcastle Street Perth, Western Australia 6000 +61 8 9230 3555 reception@matsa.com.au