Slide 1: High-Grade Brownfield Gold, Silver & Copper Projects
For personal use only ASX Code: LDR High-Grade Brownfield Gold, Silver & Copper Projects 6 Underexplored Projects - 3 Projects Drill-Ready July 2021 Lode Resources Ltd | July 2021
Slide 2: Disclaimer
Disclaimer The material in this presentation contains certain technical information, including For personal use only regarding possible or assumed future performance or potential growth of mineral deposits. Such information is not a guarantee of future performance and involve unknown risks and uncer
Slide 3: Lode Resources – Directors & Management
Lode Resources – Directors & Management Andrew Van Heyst (Executive Chairman) − Director from 18 November 2019 With more than 30 years’ experience in Institutional Equities and Advisory. Has worked at Merrill Lynch in New York as Head of Australian Sales and for ABN AMRO as Head of For personal use
Slide 4: Lode Resources – Introduction & Capital Structure
Lode Resources – Introduction & Capital Structure Overview Capital Structure For personal use only • IPO raises $5,115,200 with Lode Resources Ltd (LDR) listing on • IPO Share Price A$0.20 2 July 2021 • Cash $5.1m1 • Focus on the highly prospective but very under explored New • Shares on Issue 79.97
Slide 5: New England Fold Belt – Highly Prospective but Very Under Explored
New England Fold Belt – Highly Prospective but Very Under Explored • New England Fold Belt (FB) most significant mining period was from 1850s up to WWI Area Metres For personal use only • Estimated output at today’s prices was US$7billion or up to 20% of the entire state’s GDP for that period (000's
Slide 6: Lode Resources − Six Prospective Projects
Lode Resources − Six Prospective Projects • Project selection criteria: For personal use only a. 100% ownership NSW Mt Carrington Twin Hills Gold & Silver b. Significant historical geochemistry and/or geophysics Gold & Silver c. Under drilled and/or open ended mineralisation d. Demonstrated high gra
Slide 7: Uralla Gold – Dominant position in a significant historic Goldfield
Uralla Gold – Dominant position in a significant historic Goldfield • Located 8km W of the Uralla goldfield was one of the earlier goldfields discovered in NSW and a significant gold producer in the 1850’s. Lodes holdings cover over 300sq km’s For personal use only • Uralla Granodiorite and other in
Slide 8: Uralla Gold Hudson’s Prospect – Primary Target
Uralla Gold Hudson’s Prospect – Primary Target • Multi element soil anomaly with elevated Frazer’s Find Project Au, As, Ba Pb & Zn in soils • Untested by drilling • Up to 76.90 g/t Au 1 and 1,110 g/t Ag 1 For personal use only in waste dumps • Intercept of major structures • Very poor • IP chargeabi
Slide 9: Uralla Gold – Significant IP Survey Completed
Uralla Gold – Significant IP Survey Completed • Dipole-Dipole Induce Polarisation survey by Fender Geophysics has been completed at Uralla For personal use only gold project. Lode Resources engaged Newexco to carrying out modelling and interpretations • Testing Hudson’s Prospect, Gracie, Martin’s Sh
Slide 10: Martin's Shaft − Extension Potential to be Tested by Drilling
Martin's Shaft − Extension Potential to be Tested by Drilling • Previous drilling at the Martin's Shaft prospect has produced medium - high grade gold intercepts For personal use only results • Deposit occurs where Major N-S Structure bisects local felsic intrusive dyke. This generates brittle Hole
Slide 11: IP Inversion Chargeability Modelling
IP Inversion Chargeability Modelling Strong Au Anomalism at Surface • Chip samples up to 7.6g/t1 Line 6611600N • Elevated Au in soils For personal use only 99 mV/V mV/V Hudson’s Line 6611450N Prospect Bonanza Dyke shown in − Mag, IP and Au/As Magnetics RTP 1VD 9 mV/V Geochem Anomalies Line 6611300N
Slide 12: Early Drill Target – gold in outcrop
Early Drill Target 1 – gold in outcrop Sam ple ID Au_ppm Ag_ppm As_ppm S26A 1 4.74 41 45,700 1 H16 3.78 79 43,100 S26B1 For personal use only 3.30 44 51,600 1 S26D 2.92 32 24,400 R351 2.84 22 18,300 1 S26C 1.16 7 8,680 S3441 1.14 3 3,300 1 S345 1.11 5 3,910 S27B1 0.76 5 8,730 Early Drill Target 2 -
Slide 13: Hudson’s Prospect − Drilling to Test Multiple Vectors
Chip Samples up to 4.74 g/t Au1 Line 6611600N As-Au anomaly Magnetic anomaly For personal use only Planned 1st Phase Drilling Hudson’s Prospect 9 mV/V Chargeability anomaly − Drilling to Test Chip Samples up to Multiple Vectors 7.58 g/t Au1 As-Au anomaly Magnetic anomaly including high grade gold in
Slide 14: IP Inversion Chargeability Modelling
IP Inversion Chargeability Modelling Line 6610800N For personal use only 6 mV/V Line 6610600N McCrossin’s Historical Workings 8 mV/V Prospect − Line 6610400N Strong IP, 17 mV/V Radiometric (K) Soil Geochemistry – Strong As Anomalism Line 6610200N and As Soil 1000m 25 mV/V Anomalism Line 6610000N Rad
Slide 15: Frazer's Find – Previous Drilling Misplaced
Frazer's Find – Previous Drilling Misplaced • Up to 76.90 g/t Au1 and 1,110 g/t Ag1 in waste For personal use only dumps at Frazer’s Find shaft1 • Previous very shallow drilling suffered significant Frazer’s Find Shaft - Up to 76.9g/t Au1 and 1,110 g/t Ag1 in grab samples core lost and intercepted m
Slide 16: Webbs Consol Silver
Webbs Consol Silver • Located 16km WSW of Emmaville, Webbs Consol was discovered in Webbs Consol For personal use only 1890 with intermittent mining up to the mid 1950’s Oblique View • Several mine shafts worked for high grade galena and silver content only with zinc mineralisation discarded. Sampli
Slide 17: Webbs Consol Surface Plan
Webbs Consol Surface Plan1 Drill Target 3 For personal use only Northern Extension Soils highly anomalous in Pb, rock chips up to 4.47% Pb, 1.52% Zn, 0.17% Cu, 69 g/t Ag1 Main Area of Interest Drill Target 2 (Line 1400) Large chargeability anomaly (up to 5 times background) coincident with conductiv
Slide 18: Webbs Consol Silver IP Survey
Webbs Consol Silver IP Survey Chargeability, Drill Target 2 Chargeability high possibly reflecting alteration/dissemination halos oblique view • 2007 Induced Polarisation survey reveals a number of untested For personal use only anomalies: Drill Target 1 • Interestingly no IP anomaly coincides direc
Slide 19: Fender Copper
Fender Copper • Located 30km SE of Tamworth For personal use only • Surface exploration carried out by several companies since the 1960s comprising stream/soil, surface mapping, IP and magnetics however no drilling has occurred • Significant copper values in stream sampling over two large areas (Kas
Slide 20: Trough Gully Historical Workings – Drill Ready
Trough Gully Historical Workings – Drill Ready Longitudinal Section For personal use only North South ? ? ? 75 m ? ? ? ? Cu mineralisation open along strike & down dip. Historical sampling of working extremities: 8 samples averaged 2.2% Cu, 1.2% Zn, 13 g/t Ag1 1966 IP survey detected anomaly indicat
Slide 21: Trough Gully Copper Mine
Trough Gully Copper Mine Line 2 For personal use only Pseudo Section ` IP Line 2 50 metre planned drill spacing IP Line 1 IP Line 3 Line 1 Pseudo Section Line 3 Pseudo Section Refer LDR Prospectus 14 April 2021 p52 & LDR Supplementary Prospectus 6 May 2021 21 Lode Resources Ltd | July 2021
Slide 22: Greenfield Opportunities
Greenfield Opportunities For personal use only Spring Creek Fault Spring Creek Fault Fender - Fold Copper Anomaly Anomalous Cu in drainage Anomalous Cu in drainage 7000 m Manganese workings Stream up to 220ppm Cu Fender - Kasey Soil up to 321ppm Cu Copper Anomaly Rock chips up to 771 ppm Cu Potentia
Slide 23: Greenfield Opportunities: Elsinore Copper
Greenfield Opportunities: Elsinore Copper − Greenfield Ops • Located 30km W of Guyra For personal use only • First recorded in 1974 thesis by Marriot, J.A. 1974: The Geology, Mineralogy and Genesis of 6 km Magnetic Anomaly Three Sulphide Occurrences, Between Bundarra and Baldersleigh, North Western
Slide 24: Greenfield Opportunities: Thor Gold & Tea Tree Gold
Greenfield Opportunities: Thor Gold & Tea Tree Gold For personal use only Thor Gold Lode Resources • Radiometric imagery shows thorium signatures potentially indicating Out cropping mineralisation and workings shallowly buried or just unroofed granites and/or areas of related alteration. Intrusive r
Slide 25: Lode Resources − Drill Ready Projects: Gold, Silver & Copper
Lode Resources − 3 Drill Ready Projects: Gold, Silver & Copper a. 3 projects drill ready For personal use only b. Targeting gold, silver and copper mineralisation NSW Mt Carrington Twin Hills Gold & Silver c. Brownfield status defined by historical mining and significant surface work Gold & Silver d