Investigator Silver Limited · ASX:IVR
Investigator Silver — Investigator Resources — Mining South Australia Conference 2013
32 slides from Investigator Silver's conference presentation, Nov 26, 2013
Slide 1: ASX/Media Release: Presentation at Mining South Australia Conference
ASX/Media Release For personal use only 26 November 2013 Re: Presentation at Mining South Australia Conference Attached is the presentation to be given at the Mining South Australia Conference on Thursday 27th November 2013 by Managing Director, Mr John Anderson. For further information contact: Mr
Slide 2: Paris Silver Resource at the forefront of a New Mineral Belt in South Australia
ASX : IVR For personal use only Paris Silver Resource at the forefront of a New Mineral Belt in South Australia Presentation Mining South Australia Conference Whyalla 26-27th November 2013 Paris, Eyre Peninsula
Slide 3: Disclaimer
Disclaimer For personal use only The information in this presentation is published to inform you about Investigator Resources Limited and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that
Slide 4: Presentation Agenda
Presentation Agenda 1. Investment Thesis: For personal use only A maiden resource in a new silver province 2. Corporate Overview; Board & Management 3. Paris silver project - attributes & advantages A. The right geology & location B. Shallow & extensive C. A competitive maiden resource D. Positive i
Slide 5: New Silver Province, Eyre South Australia
New Silver Province, Eyre South Australia The Paris Project Paris silver discovery For personal use only in southern Gawler Craton 2011 – Greenfields discovery - First-pass drilling intersections assay to 350km 1,000 g/t Ag from - Sizeable footprint – 1,200m x 400m Adelaide 2012 – Initial RC & diamo
Slide 6: Paris maiden Inferred Mineral Resource
Paris maiden Inferred Mineral Resource For personal use only 5.9 million tonnes @ 110g/t silver & 0.6% lead (at 30g/t Ag cut-off) for 20Moz silver & a credit of 38kt lead Grade/tonnage profile Cut-off Specific Tonnage Grade Contained Metal grade gravity Silver (g/t) (Mt) Silver (g/t) Lead (%) Silver
Slide 7: Shareholder / Financial Overview
Shareholder / Financial Overview Capital Structure For personal use only ASX listed since 2007 IVR IVR Share P…Price $0.21 Shares (ordinary): 335.6 M $0.19 Options (unlisted) : 7.1M $0.17 $0.15 Share Price: 5.5c $0.13 $0.11 Market Cap: $19 M $0.09 $0.07 Cash as at 30 September $4.6 M Share Register
Slide 8: Board, Management and Team
Board, Management and Team Directors For personal use only Roger Marshall OBE Chairman Bruce Foy Non Exec Director David Jones Non Exec Director Leadership John Anderson Managing Director Garry Gill Co. Secretary/CFO Colin Skidmore Paris Project Manager Alex Thin Commercial Manager Offices Corporate
Slide 9: Investigator Resources Ltd – Project Location
Investigator Resources Ltd – Project Location Paris Silver Project For personal use only within Peterlumbo JV (75% IVR) Uno/Morgans epithermal silver targets (100% IVR) Roundabout & Spyall IOCGU copper gold targets (100% IVR) Key Geology Whyalla Gawler Range Volcanics OLYMPIC DAM Kimba Hiltaba Grani
Slide 10: Paris silver deposit – the right geological setting
Paris silver deposit – the right geological setting Schematic Cross-Section For personal use only Flat-lying epithermal breccia deposit at the base of an andesite volcanic pile. Similar to a productive style of silver Paris deposits in South America Potential skarn & porphyry deposits Now recognised
Slide 11: Paris prospect geology – mineralised breccias
Paris prospect geology – mineralised breccias For personal use only 10
Slide 12: Paris cross-section
Paris cross-section Line 7 200mASL SW NE For personal use only 100mASL 0m (sea level) Drill Hole Trace Mineralised intersection (>30g/t silver) 50m 11
Slide 13: Paris Long Section
Paris Long Section 200mASL SE For personal use only NW 100mASL 0m (sea level) Vertical scale Drill Hole Trace 100m Mineralised intersection (>30g/t silver) Horizontal scale 200m 12
Slide 14: Paris – stacked geology sections
Paris – stacked geology sections New trend of shallow For personal use only hydrothermal breccias show potential for internal expansion to the Paris resource Multiple vents offer new silver potential nearby 13
Slide 15: Paris – wireframed >30g/t silver domains
Paris – wireframed >30g/t silver domains Inferred Mineral Resource: For personal use only • Reported to 30g/t Ag cut-off • Restricted to WhittleTM optimised pit shell • Resource ranges from 4m to 150m depth below surface with much of the silver mineralisation within 75m of the surface • 1,200m long
Slide 16: Paris Long section – block model
Paris Long section – block model Shallow resource For personal use only 200mASL NW SE 100m 100mASL WhittleTM pit shell outline Vertical scale 100m Horizontal scale 200m 15
Slide 17: Paris – untested immediate extensions
Paris – untested immediate extensions PPDH112: 4.5m @ 594g/t Ag from 52.7m For personal use only & 1.3m@ 336g/t from 64.3m PPDH139: 3.05m @ 219g/t Ag from 13.9m PPDH123: 5.9m @ 222g/t Ag from 95.3m & 8.7m@ 257g/t from 102.4m PPDH141: 25.5m @ 191g/t Ag from 86.0m Diamond hole 16
Slide 18: Positive initial metallurgical results
Positive initial metallurgical results Metallurgical Sample Leach Characteristics Sample Ore type Grade Grind size Silver Recovery For personal use only number 24-hours 48-Hours (g/t) (%) (%) 1 Shallow oxidised mineralisation 119 P80 of 106µm 40.2 44.8 2 Sulphide - rich zone 1,440 P80 of 106µm 54.2
Slide 19: Paris - comparison with peer deposits
Paris - comparison with peer deposits Paris: 20Moz silver, 110g/t Ag Data from company websites Company Project Date Tonnage Resource Silver Contained Note: For personal use only Grade Silver Maiden resources: (R&R – resource & reserve) Investigator Paris Oct'13 Mt 5.9 g/t 110.0 Moz 20.0 Resource Ty
Slide 20: Silver mines & deposits - selection of size / grade
Silver mines & deposits - selection of size / grade For personal use only Paris Silver Project Underground Open-pit 19 * Note: Data is from various sources & is approximate
Slide 21: Paris exploration upside - expansion target area
Paris exploration upside - expansion target area Vein float Interpreted prospective 78g/t Ag Paris structures & dykes For personal use only Far Interpreted: North Ares 4g/t • Vent/alteration Argos Ag float • Dolomite Paris North - 6,388,000mN Paris silver soil anomaly Alexander Alexander East & dril
Slide 22: Wider field potential - soil geochemistry plan
590,000mE 600,000mE Aries Helen Helen East EL4228 (in part) 4g/t Ag float 170g/t Ag outcrop To be prospected Argos For personal use only 78g/t Ag float 6,390,000mN Alexander Paris South No float; drilled 10g/t Ag dyke outcrop with poor results Paris Peterlumbo 24g/t Ag float Hill Alexander East 1.9g
Slide 23: Copper-in-soil plan
590,000mE 600,000mE EL4228 (in part) Diomedes Helen West For personal use only 6,390,000mN Peterlumbo Hill (conceptual porphyry target) Paris prospect Extent of drilling Nankivel (interpreted as a “barren shoulder” indicative of nearby porphyry) 5km Copper-in-soil (Genalysis TL8) 6,380,000mN
Slide 24: Magnetics
For personal use only 590,000mE 600,000mE 6,390,000mN MAGNETICS Seeking: • Intrusives • Dykes • Structures • Volcanics/base- ment contact Extent of Paris drilling Other silver soil targets 5km Copper soil targets Nankivel 6,380,000mN breccia
Slide 25: Hyperspectral anomalies
For personal use only 590,000mE 600,000mE 6,390,000mN Subcrop producing hyperspec signature at Paris HYPERSPECTRAL ANOMALIES: shown in orange 5km Supplement soil geochem. Seeking: low-level outcrop (subcrop) & alteration zones
Slide 26: Residual gravity
For personal use only 590,000mE 600,000mE 6,390,000mN RESIDUAL GRAVITY Seeking: • Dolomites • Dykes • Vents Extent of Paris drilling Other silver soil targets Copper soil targets 5km Nankivel breccia 6,380,000mN
Slide 27: Integrated interpretation of target ingredients
590,000mE 600,000mE Hyperspectral Anomaly Vent For personal use only 6,390,000mN NW structure Dyke NE structure Skarn Intrusive Dolomite Basement/ Volcanic contact 5km INTEGRATED INTERPRETATION OF TARGET INGREDIENTS to complement soil geochemistry 6,380,000mN (Note extent of detailed gravity & spect
Slide 28: Additional targets
For personal use only 590,000mE 600,000mE 6,390,000mN 5km ADDITIONAL TARGETS 6,380,000mN to evaluate targets without soil signatures
Slide 29: Ranked targets and drill plan
590,000mE 600,000mE Priority 2 – Helen East /Diomedes RANKED TARGETS silver & copper targets & DRILL PLAN 1. Paris North For personal use only 6,390,000mN 6 8 2. Paris South 7 3. Alexander East 4 9 4. Argos 5 1 5. Ares 6. Argos North 3 7. Helen East 2 8. Diomedes 9. Helen West 12 Priority 1 (yellow
Slide 30: Advantages of the Paris silver project
Advantages of the Paris silver project For personal use only Large greenfields geological system with first-comer potential Competitive maiden resource – 20Moz silver • Shallow – likely open-pittable with possible free dig character • High relative grade to open-pit peers • Positive initial metallur
Slide 31: Uno/Morgans – another potential epithermal field
Uno/Morgans – another potential epithermal field 85km east of Paris in same position near Uno Fault For personal use only 144g/t Ag 84g/t Ag 6g/t Ag Uno Fault Outcrop Float - 23g/t Ag - 15g/t Ag Gossan - 119g/t Ag 3g/t Ag - 0.3% Cu Wartaka South silver soil anomaly Epithermal float – see photos Morg
Slide 32: Future Exploration: Focus on expanding Paris resource
Future Exploration: Focus on expanding Paris resource Proposed A$3m allocation for balance of FY: For personal use only 1. Focus on the Paris expansion target area • In progress late 2013: First-pass aircore drilling (c. 7,500m) of all immediate target extensions • Early 2014: Diamond drilling (c. 6
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