Buxton Resources Limited · ASX:BUX
Buxton Resources — Investor Presentation (November 2012)
15 slides from Buxton Resources's investor presentation, Nov 22, 2012
Slide 1: Aggressive exploration in the Fraser Range
For personal use only Buxton Resources Limited (ASX:BUX) “Aggressive exploration in the Fraser Range” November 2012
Slide 2: Disclaimer/Competent Person's Statement
Disclaimer/Competent Person’s For personal use only Disclaimer: This presentation has been prepared by Buxton Resources (“Buxton”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from thi
Slide 3: Corporate Overview
Corporate Overview For personal use only ASX Code: BUX, BUXO Shares on issue: 47.4M Share Price History – 1 year to date Listed options: 4.0M ($0.30) Unlisted options: 3.65M ($0.35) Market Cap.: ~ $20M $0.63 Cash at bank: $2.4M (15 November) Shareholders: National Business Holdings – 10.58% Montezum
Slide 4: Project Overview
Project Overview For personal use only Widowmaker Nickel-Copper Project – 100% Buxton Zanthus Magnetite Project – 100% Buxton Yalbra Graphite Project – 85% Buxton Dempster Gold and Nickel Project – 90% Buxton Strong WA project pipeline 3
Slide 5: Strategic Fraser Range Tenement Position
Strategic Fraser Range Tenement Position For personal use only • BUX holds 1527 km 2 of tenements in and around the Fraser Range complex • Includes new applicatons at Dempster & E63/1596 • Zanthus also part of the Fraser Range complex 4
Slide 6: Widowmaker Ni-Cu Project
Widowmaker Ni-Cu Project For personal use only • 225km2 in the Fraser Range nickel prov ince, WA • Multiple Ni-Cu-PGE anomalies identified • 22km along strike from Sirius Resources’ Nov a Ni-Cu discov ery • Nov a host rocks trending into BUX project area • Approximately 20km of strike length of the
Slide 7: Widowmaker Ni-Cu Project: Recent and Planned Exploration
Widowmaker Ni-Cu Project For personal use only Recent exploration: • Infill calcrete surface geochemistry program underway • 165km Airborne VTEM survey completed at Widowmaker Project – 150m spacing • Outcrop identified and mapped Planned exploration: • Airborne VTEM Survey assessment • Ground EM su
Slide 8: Yalbra Graphite Project
Yalbra Graphite Project For personal use only • Strong demand outlook for Graphite market - Lithium batteries… and beyond • Exploration Target: • 8-12Mt at 7-11% TGC* • Graphite mineralisation identified in historical drill logs • Significantly increased tenement holding – from 37 km2 to 473km2 Impr
Slide 9: Yalbra Graphite Project: Exploration
Yalbra Graphite Project Recent exploration: For personal use only •A detailed HeliVTEM surv ey has determined the extent of potential graphite mineralisation •New, large conductors identified – ov er 6km strike (Left) •Positiv e results from rock chip samples (below right) Planned exploration: • Fur
Slide 10: Zanthus Magnetite Project
Zanthus Magnetite Project For personal use only • Strong rail infrastructure access: o 35km from Zanthus railhead and siding (see bottom right) o 600km by rail to Esperance Port (see top right) • Superior metallurgy - amongst the best in Australia : 68% Fe grade @ 150 micron • Initial inferred JORC
Slide 11: Capital Raising/Strategic Partnership
Capital Raising/Strategic Partnership For personal use only • Buxton has recently completed a strategic capital raise with China based National Business Holdings (NBH) • Capital raising of ~$2.1 million was completed through: • Placement of 15% shares at $0.25 to raise ~$1.5 million • $600,000 licen
Slide 12: 2012/2013 Milestones
2012/2013… use only • Acquired Yalbra Graphite Project • Identified priority targets for Widowmaker Project and secured tenement grant • Completed $2.1 million capital raising - placement and licensing agreement 2012 • Completed VTEM surv ey at Yalbra project 2013 personal • Completion of Widowmaker
Slide 13: Project Summary/Activity Outlook
Project Summary/Activity Outlook For personal use only Widowmaker Zanthus Yalbra Dempster Ownership 100% 100% 85% 90% Commodity Nickel, Copper, Magnetite Graphite Gold, Nickel PGE Resource 103.6Mt at 26.5% Fe* Exploration 0.7 – 1.3 billion 8-12Mt at 7-11% Target tonnes at 22 – TGC* 32% Fe Activity o
Slide 14: Summary
Summary For personal use only • Immediate, aggressive exploration continuing at Widowmaker • Very tight capital structure = excellent leverage • Excellent graphite exposure from Yalbra • Cash position of $2.4 million - well funded to execute upcoming drilling programs at Widowmaker and Yalbra projec
Slide 15: Contact
Contact For personal use only Buxton Resources Limited Head Office Phone: +61 8 9380 6063 Suite 1, Level 1 Fax: +61 8 9381 4056 14-16 Rowland St Email: amaslin@buxtonresources.com.au Subiaco WA 6008 Web: www.buxtonresources.com.au 16
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