Auravelle Metals Limited · ASX:AUV
Auravelle Metals — Sipa Resources — Investor Presentation (August 2019)
13 slides from Auravelle Metals's investor presentation, August 2019
Slide 1: First-mover position | Adjacent to Rio Tinto discovery | New phase of drilling imminent
ASX: SRI First-mover position | Adjacent to Rio Tinto discovery | New phase of drilling imminent
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Sipa Resources Limited (Sipa). Summary of information: This presentation contains general and background information about Sipa’s activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise al
Slide 3: Investment Snapshot
INVESTMENT SNAPSHOT Australia – world-class copper-gold exploration project • First-mover position in world-class Paterson North Copper-Gold Province (80%-owned) • Obelisk – similar mineralisation signature to Rio Tinto’s nearby world-class Winu discovery • New drilling program commencing August 201
Slide 4: Corporate
CORPORATE Capital Structure Shareholders ASX Code SRI Rodiv NSW P/L Pension Fund 17.6% Shares (Ord.) (31/07/19) 142m JM Financial 5.2% Share Price (31/07/19) 9.0c Moggs Creek Pty Ltd 2.6% Market Cap (31/07/19) $13m Directors & Management 1.4% Cash (30/06/19) $3.9m Total in top 20 40.0% Board Tim Ken
Slide 5: Strategic Exposure to Discovery
STRATEGIC EXPOSURE TO DISCOVERY First-mover in identifying potential of the Paterson Province, well before Rio Tinto’s recent large copper discovery at Winu • Strategic land-holding established well before recent pegging rush • One of the only companies outside Rio Tinto with granted tenements and e
Slide 6: Paterson North – WA
PATERSON NORTH – WA Sipa is one of Admiral Bay Most of the the only North Paterson companies SANDFIRE tenements are outside Rio PARDOO either Tinto with ARANEA ungranted or granted Yarrie OBELISK Rio-controlled Winu Calibre tenements Magnum and MARBLE BAR Minyari Hill exploration Woodie Woodie Black
Slide 7: Paterson North – Discovery Facts
PATERSON NORTH – DISCOVERY FACTS 10km from Winu, Obelisk mineralised Core Sipa’s Obelisk Rio Tinto’s globally PND002 copper project is significant new geologically copper discovery similar to Winu Best hole from 46m-809m, WINU0006 763m @ 0.65g/t Au, 0.44% Cu 2.88g/t Ag Winu discovered (RIO:ASX 27 Fe
Slide 8: Paterson North – New data
PATERSON NORTH – New data • Preliminary EM data shows Obelisk and Aranea are SkyTEM associated with Airborne EM Survey late-time ARANEA conductivity OBELISK anomalies WINU • Gravity shows fundamental structural focus 8
Slide 9: Paterson North – Untested EM targets
PATERSON NORTH – Untested EM targets 9
Slide 10: Obelisk – Extensive surface copper
OBELISK – Extensive surface copper • “Seeing” through cover is the key to future discovery • Surface geochemical anomaly south of bedrock copper anomaly is untested by drilling • Further soil geochemistry underway • Drilling imminent 10
Slide 11: Exploration fully-funded and ongoing
Exploration fully-funded and ongoing • Paterson – Skytem EM geophysical survey • Paterson – Surface soil geochemical study continuing • Paterson – EIS co-funded drilling – August • Uganda – DHEM and AMT at Akelikongo (Rio funded) 11
Slide 12: Pipeline of Projects
PIPELINE of PROJECTS • Active project generator with four new projects secured recently in Northern Australia: – Barbwire Terrace and Bohemia applications bordering Fitzroy trough, prospective for Cadjebut-style, MVT-type zinc, lead silver – Clara Gold project on margin of Croydon Goldfield North We
Slide 13: ® ) Sipa Resources Limited The final WOrGra0a
® ) Sipa Resources Limited The final WOrGra0a Seis ROPanasmthenargest, closest Granted lemme] ungthe) Worn (HakersonM (GISGQURY ceMtirall) Withacetiverexploratlommoutsiae MO TUDES 1s qaninelled roumna) win