Slide 1: Resolution Minerals PDAC 2020 Investor Presentation
2 March 2020 For personal use only Resolution Minerals PDAC 2020 Investor Presentation Resolution Minerals Ltd (Resolution, RML or the Company), is pleased to update the market with an Investor Presentation “PDAC 2020 Investor Presentation”, PDAC is the world’s premier minerals and mining conference
Slide 2: Investor Presentation PDAC 2020
For personal use only INVESTOR PRESENTATION PDAC 2020 2 March 2020 1
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only Len Dean Chairman Capital Structure 1 March 2020 Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Ordinary Shares (m) 205 Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 4
Slide 4: Company Transformation: Agreement to Earn up to 80% of 64North Project
COMPANY TRANSFORMATION (17 October 2019) For personal use only AGREEMENT TO EARN UP TO 80% OF THE 64NORTH PROJECT, ALASKA • Highly leveraged gold exploration investment opportunity, adjacent to the operating world class high grade Pogo Gold Mine, owned by Northern Star (ASX:NST) • The Company has ex
Slide 5: 64North Project
For personal use only 64NORTH PROJECT 4
Slide 6: Tintina Gold Province – Goodpaster Gold District
T I N T I N A G O L D P R O V I N C E – G O O D PA S T E R G O L D D I S T R I C T For personal use only Province Gold System • 100m+ oz Au Endowment • 80-102 Ma Age main mineralizing event Fairbanks Area Pogo Gold Mine 10M oz endowment Livengood • Owned by Northern Star, Pogo has produced Fa u lt C
Slide 7: 64North – Tenements & Prospects/Blocks
64NORTH – TENEMENTS & PROSPECTS/BLOCKS For personal use only Large land position surrounding Pogo Gold Mine • 1,174 State mining claims • 660 km 2 Pogo Gold Mine Northern Star ASX:NST • 10 M oz gold endowment with exploration upside at the Pogo Gold Mine, with 4 new discoveries announced by ASX:NST
Slide 8: For personal use only
For personal use only 7
Slide 9: Northern Star's World Class Pogo Gold Mine
NORTHERN STAR’S WORLD CLASS POGO GOLD MINE For personal use only Exploration history 1991: First modern exploration commences as a JV Sumitomo Metal Mining & Teck, following up historic pan concentrate anomalies from the early ‘80s 1995: The key gold bearing Liese Zone (L1) was intersected 2000: Ove
Slide 10: Pogo Style – Mine Mineralisation Model
POGO STYLE – MINE MINERALISATION MODEL For personal use only Elevated gold/arsenic/bismuth anomaly Gold-bearing quartz veins Low Angle Veins (Liese 1-3, East Deep) Serpentinite, amphibolite • These veins contain the bulk of the ore at Pogo Graphitic schist • 5-20 m thick • Hosted in regional shear z
Slide 11: 64North – Camp Scale Potential, Multiple Prospects
64NORTH – CAMP SCALE POTENTIAL, MULTIPLE PROSPECTS For personal use only Camp Scale Potential: • Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Province • 10 M oz gold endowment (Pogo) with exploration upside at the Pogo Gold Mine, with 4 new discoveries
Slide 12: 64North – The Right Geology and Structures
64NORTH – THE RIGHT GEOLOGY AND STRUCTURES For personal use only IRGS Intrusion Related Gold System • Intrusive granite (marked pink) and diorite rocks are present through out the district. These hot rocks drive the fluid flow allowing gold to move around and mineralisation to concentrate in structu
Slide 13: 64North – West Pogo Block: Ticks All the Boxes
64NORTH – WEST POGO BLOCK: TICKS ALL THE BOXES For personal use only The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures
Slide 14: 64North – West Pogo Block: Ticks All the Boxes
64NORTH – WEST POGO BLOCK: TICKS ALL THE BOXES For personal use only The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures
Slide 15: 64North – West Pogo Block: Aurora, Echo Targets
64NORTH – WEST POGO BLOCK: AURORA, ECHO TARGETS For personal use only The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structure
Slide 16: Line CSAMT – Drill Targeting, Aurora & Echo Targets
LINE 6 CSAMT - DRILL TARGETING, AURORA & ECHO TARGETS For personal use only Target geological unit interpretation using CSAMT and reference to Pogo Mine site use of same system and published data. Drill collar plan with enhanced resistivity colour stretch to assist with target definition 15
Slide 17: 64North – West Pogo Block: Aurora Targets
64NORTH – WEST POGO BLOCK: AURORA TARGETS For personal use only The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures – po
Slide 18: 64North Project – Operations Plan Year One
6 4 N O R T H P R O J E C T- O P E R AT I O N S P L A N Y E A R O N E For personal use only Drilling programs commencing from Q1, 2020 • Aurora Targets first program: four or five (4-5) holes for ~2,000m EARLY MARCH • Aurora Targets second program: four (4) holes for 1,800m • Echo Targets first prog
Slide 19: Eagle Block – E1 Prospect
EAGLE BLOCK – E1 PROSPECT For personal use only The E1 Prospect is not a Pogo-style mineralisation. It is interpreted to be intrusion hosted IRGS system. Potential for large scale intrusion hosted IRGS system more typical of Alaska than Pogo Style Previous work identified significant intervals of •
Slide 20: 64North Project Agreement
64NORTH PROJECT AGREEMENT For personal use only SUMMARY OF EARN-IN AGREEMENT WITH MILLROCK RESOURCES (TSXV: MRO) RML Shares RML Expenditure Cash US$ ‘000 Stage % Earn in RML to MRO US$ (million) to MRO (million) Commence - - - 5 Drilling Target 7,500m Drilling (Diamond Core) 5 Year 1 $5 30% $50 10 Y
Slide 21: Summary of Other Projects
For personal use only SUMMARY OF OTHER PROJECTS 20
Slide 22: The Wollogorang Copper-Cobalt Project (Australia)
THE WOLLOGORANG COPPER-COBALT PROJECT (AUSTRALIA) For personal use only • Stanton Cobalt Deposit Total Mineral Resource Estimate • 942,000t @ 0.13% Co, 0.06% Ni and 0.12% Cu • Significant IP anomalies defined under both Running Creek and Gregjo Prospects potential for Cu-Co with copper and cobalt mi
Slide 23: The Snettisham Project (Alaska)
THE SNETTISHAM PROJECT (ALASKA) For personal use only V-Ti-Fe, Au; Juneau, Alaska. 3D magnetic geophysics inversion model and rock chips has identified a conceptual target of highly ferrous (Fe) near surface vanadium bearing titaniferous magnetite body interpreted to be 2.5km long, 600m wide and att
Slide 24: Disclaimer, JORC Information & Competent Persons Statement
DISCLAIMER, JORC INFORMATION & COMPETENT PERSONS STATEMENT For personal use only This presentation has been prepared by Resolution Minerals Ltd (Resolution). This document contains background forward-looking statements in this presentation or any changes in events, conditions, or circumstances on wh
Slide 25: Contact
For personal use only CONTACT Authorised for release Duncan Chessell Managing Director Resolution Minerals Ltd ASX:RML +61 414 804 055 duncan@resolutionminerals.com Ground Floor 28 Greenhill Road Wayville SA 5034, AUSTRALIA www.resolutionminerals.com 24