Tennant Minerals Limited · ASX:TMS
Tennant Minerals — Mining The Territory Conference 2024
17 slides from Tennant Minerals's conference presentation, September 2024
Slide 1: Bluebird Copper-Gold Discovery
BLUEBIRD COPPER-GOLD DISCOVERY The Barkly Project Tennant Creek, Northern Territory, Australia ASX:TMS | MINING THE TERRITORY CONFERENCE | DARWIN SEPTEMBER 2 0 2 4
Slide 2: Cautionary Statements and Competent Persons Declaration
Cautionary Statements and Competent Persons Declaration CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION This presentation contains forward-looking statements concerning Tennant Minerals Ltd. Forward-looking statements are not statements of historical fact and actual events and results may
Slide 3: Cash, Capital Structure and Share Price
CASH, CAPITAL STRUCTURE AND SHARE PRICE TMS Share Price Performance 0.05 250 MARKET CAP CASH 0.045 $17.20m $4.47m (@ 30/06/2024) 0.04 200 (@$0.017 - 16/09/2024) 0.035 Price (A$/Share) 0.03 150 Volume (M) SHARES ON ENTERPRISE 0.025 ISSUE VALUE 0.02 100 0.015 955.89 m $12.73m (@16/09/2024) 0.01 50 0.0
Slide 4: Copper and Gold Positive Investment Outlook
Copper and Gold Positive Investment Outlook Gold is trading at an all-time high, Copper is an essential metal for reaching a price of US$2,462/oz in civilization and the global energy August 2024 transition New copper discoveries such as Bluebird Recoverable gold, accessible as part are rare - high-
Slide 5: Barkly Project and the Bluebird Cu-Au Discovery
Barkly Project and the Bluebird Cu-Au Discovery World-Class Location The Barkly Project and the Bluebird discovery are located 40km east of Tennant Creek at the eastern end of this major copper-gold field, which has produced 5.5Moz of gold and 700kt of copper1 Bluebird is a shallow greenfields, high
Slide 6: Bluebird Copper-Gold Discovery
Bluebird Copper-Gold Discovery • A blind discovery (no surface expression) under shallow soil cover and weathered Warramunga Formation sedimentary rocks hosted in mineralised ironstone. • The main discovery was made through follow-up of shallow drilling and drill-testing the entire ironstone (e.g. B
Slide 7: Bluebird Longitudinal View open all directions
Bluebird Longitudinal View open all directions • Drilling to date has defined high-grade copper-gold mineralisation from 60m to over 400m depth, over 800m strike length – to the east and west7. • Previous intersections of high- grade copper-gold intersections and include: - 61.8m @ 2.3% Cu, 0.4 g/t
Slide 8: Drilling Program Summary
Drilling Program Summary Bluebird 3D mineralisation model, gravity inversion, key targets and drilling, current and ASX:TMS 8 planned, at Bluebird
Slide 9: New Drilling Results – Confirming New Structures and Expanding Mineralisation
New Drilling Results* – Confirming New Structures and Expanding Mineralisation ➢ Further thick, high-grade copper and gold zones including silver intersected in the latest RC drilling program at the Bluebird discovery within Tennant Minerals’ 100%-owned Barkly Project in the Northern Territory. ➢ La
Slide 10: New Drilling Results – Confirming New Structures and Expanding Mineralisation
New Drilling Results – Confirming New Structures and Expanding Mineralisation ➢ Up to four large, high-grade, copper- gold lenses – each up to 300m in length and 200m deep – identified from updated interpretation of the mineralisation at Bluebird. ➢ Lenses occur within the east-west trending ironsto
Slide 11: TMS Receives NT Government Grant for Perseverance Target
TMS Receives NT Govermment Grant for Perseverance Target • A follow up drill program has been planned to extend the excellent results received from the July 2024 RC program at Bluebird. • Geophysical information, mainly gravity and magnetic data, strongly support the perseverance area as a high prio
Slide 12: Barkly Project Discovery Opportunities–5km Gravity/Ironstone Corridor
Barkly Project Discovery Opportunities–5km Gravity/Ironstone Corridor • Covers a 5km strike-length, east-west trending gravity-high indicating major ironstone corridor with multiple discoveries potential. • Gravity/Ironstone corridor intersected by ENE-WSW trending fault structures - associated with
Slide 13: Successful Metallurgical Test-work Completed
Successful Metallurgical Test-work Completed* • Test-work shows above 91% of the copper in multiple drill-core composite samples from the Bluebird project can be extracted via conventional flotation, delivering a potentially commercial copper concentrate grading 24- 29% copper (Cu) and 1.5- 4g/t gol
Slide 14: Barkly Project and the Bluebird Discovery Next Steps
Barkly Project and the Bluebird Discovery Next Steps Testing Bluebird and Perseverance Metallurgical Initial development targets – aiming to triple the optimisation and studies, environmental mineralised footprint Circuit design baseline studies Current and planned Activities Testing New Mineral Res
Slide 15: Key Technical Team
Key Technical Team VINCENT ALGAR JON DUGDALE CHRIS RAMSAY BSc (Hons) Geology MAusIMM BSc (Hons), FAusIMM, MAICD BSc, MAPM, MAusIMM Chief Executive Officer Technical Advisor General Manager Geology Mr Algar is a mining and resources Mr Dugdale is a geologist with over 35 Mr Ramsay is a geologist and
Slide 16: Contact
Contact Vincent Algar, CEO E: valgar@tennantminerals.com T: +61 8 9481 7833 tennantminerals.com ASX:TMS 16
Slide 17: Cu Equivalence Calculation
Cu Equivalence Calculation Appendix Copper Equivalent Calculation The conversion to equivalent copper (CuEq) grade must take into account the expected plant recovery/payability and sales price of each commodity in the calculation. Approximate recoveries/payabilities are based on comparable deposits
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