Accelerate Resources Ltd. · ASX:AX8
Accelerate Resources — Non-Deal Roadshow (September 2018)
20 slides from Accelerate Resources's roadshow presentation, Sep 24, 2018
Slide 1: Resource Investor Roadshow Presentation
For personal use only Resource Investor Roadshow Presentation September 2018 ASX: AX8
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation has been prepared by Accelerate Resources Limited (Accelerate or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary for
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Grant Mooney, Chairman (CA, MAICD) Listed on ASX on 14th Feb 2018 • 30+ years’ experience of corporate governance, capital raisings, M&A. • Director of several ASX resource companies. • Principal of Perth-based corporate advisory firm Mooney & Partners. Yaxi
Slide 4: WA Gold Projects
WA Gold Projects Mt Read Project For personal use only • 100% owned • Close to infrastructure • 100% Owned • Historical Drilling and • World Class Mineral Province • 508 km² exploration upside Exploration • Large scale Potential • Multiple Targets 4
Slide 5: Mt Read Project – Regional Infrastructure
Mt Read Project – Regional Infrastructure For personal use only ✓ Within the Prospective Zone for Mining and Resource development ✓ No Native Title ✓ Local workforce ✓ 4 ports + Railway to the Mining district ✓ 30 Hydro Power stations ✓ Plenty of Water for large development ✓ R&D Center for Geoscien
Slide 6: World Class Mineral Province
World Class Mineral Province For personal use only Mount Read Volcanic Belt Western Tasmania’s significant mines Current Combined Resources: ~368Mt Deposit Company Resources* Copper Mines of Mt Lyell Tasmania 311Mt 0.97% Cu 0.31 g/t Au Avebury MMG Limited 10Mt @1.14%Ni 34Mt @13.8% Zn, Rosebery MMG L
Slide 7: Mt Lyell Copper Mine
Mt Lyell Copper Mine For personal use only 60km to Thomas Creek Porphyry Deposit 26 Ore Bodies 150 Mt @1% Copper mined 100 Years+ Continuous operation Powered by Hydro-electric power 7
Slide 8: Mt Read Project - First mover advantage
Mt Read Project - First mover advantage For personal use only ✓100% Ownership ✓508km² ✓10% of the Mt Read Volcanic Belt ✓Multiple targets : 7 priority targets • Thomas Creek – Copper-Cobalt • Henrietta – Nickel-Cobalt • Hill 99- Copper • More to be followed up ✓De-risked 8
Slide 9: Thomas Creek
Thomas Creek Large Porphyry System in Tier One Mining District For personal use only ✓Right Location Mt Read Volcanic Belt, with known porphyry mineralisation at Mt Lyell Cu-Au-Ag Mine ✓Right Geology Presence of multiple felsic-intermediate intrusions ✓Right Geophysical Signature Correlating aeromag
Slide 10: Large Porphyry Deposits Are In Demand
Large Porphyry Deposits Are In Demand For personal use only • Porphyries are often the largest ore deposits in the world • Often>1Billion tons • Long mine lives • Containing >1 Mt Copper with Gold/Silver • Plus Cobalt at Thomas Creek 10
Slide 11: Recent Porphyry Discoveries
Recent Porphyry Discoveries For personal use only Solgold Story: Cascabel Gold- Copper Porphyry Discovery • Geochemistry: Soil Sampling, Trenching, Mapping • Geophysics: Airborne Magnetics, 3D magnetic modelling • Magnetic core zone area 1000m x 500m under the clay‐silica‐pyrite cap south (2013,May)
Slide 12: Thomas Creek – Porphyry Signatures
Thomas Creek –Porphyry Signatures For personal use only Strong Geochemical Signature 12
Slide 13: Thomas Creek – Copper, Cobalt, Gold in soil
Thomas Creek – Copper, Cobalt, Gold in soil For personal use only • Massive sulphides discovered Concentrate Grade • Encountered at surface (20cm) < 7800 ppm Co, 0.86% Cu, 0.81g/t Au* *Refer to Prospectus dated 30 November 2017 for a list of complete exploration results and JORC Table 1 disclosures
Slide 14: Thomas Creek – Strong Geophysics Signatures
Thomas Creek – Strong Geophysics Signatures For personal use only Large ~13km² Aeromagnetic and Potassium radiometric footprint 14
Slide 15: Thomas Creek – Large Scale Area
Thomas Creek – Large Scale Area For personal use only 500 m 4.4km Aeromagnetic Surface ~4.4km(L) X ~3Km(W)=~13km² 15
Slide 16: Thomas Creek – Encouraging Results
Thomas Creek – Encouraging Results For personal use only • All three holes intersected mineralization • Grades and mineralization improve at depth Interval (m) Cobalt Copper Cobalt cut- Hole ID From To Width ppm % % off TCDD001 150 153 3m 2323 0.23 0.09 500ppm incl. 150 151 1m 2500 0.25 0.13 500ppm
Slide 17: Milestones
Milestones For personal use only IP Survey TCDD002 Thomas Creek Young Henry Thomas Creek 201m DHEM YHDD001 Aug Sep Drilling Starts TCDD003 Regional Soil Listed on ASX Sampling Program TCDD001 273m 358m 17
Slide 18: The Exploration Strategy
The Exploration Strategy For personal use only Growing Thomas Creek ❑ Airborne magnetic ❑ Airborne EM ❑ Reginal IP Targets ❑ Deep Drilling ❑ Consolidate Multiple Datasets Timber Tops-Thomas Creek look a like ❑ Airborne magnetic ❑ Compiling database Untested Regional Targets ❑ Hill 99 9.5% Cu, 0.8% Z
Slide 19: Investment Proposition
Investment Proposition For personal use only • Large Porphyry system Economy of Scale • Cobalt in Pyrite • Thomas Creek Growth Potential • Multiple targets • Tier one Mining District Strategic location • Nearby hydro power and water • Track record of exploration success and discovery Experienced Tea
Slide 20: Contacts
Contacts For personal use only Yaxi Zhan Office Address : Postal Address : Managing Director Ground Floor PO Box 938, West Perth, Mob： 0432 024 792 1/16 Ord Street, West Perth 6005 Email: Yaxiz@Ax8.com.au Western Australia 6005 Website: www.Ax8.com.au Competent Person’s Statement: The information in
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