Sandfire Resources Ltd · ASX:SFR
Sandfire Resources — Sandfire Resources NL — Shareholder Meeting (June 2008)
33 slides from Sandfire Resources's shareholder meeting presentation, Jun 19, 2008
Slide 1: Presentation for the General Meeting of Shareholders 19 June 2008
RESOURCES NL For personal use only Presentation for the General Meeting of Shareholders 19 June 2008
Slide 2: Borroloola Project N.T Manganese – Lead and Zinc
RESOURCES NL Borroloola Project N.T Manganese – Lead and Zinc For personal use only Groote Eylandt
Slide 3: Borroloola Project Zinc and Lead
RESOURCES NL Borroloola Project Zinc and Lead For personal use only ¾ Sandfire holds 13,000 square kilometres of Proterozoic stratigaphy in the Batten Fault Zone. ¾ This area represents some of the most prospective ground for giant SEDEX base-metal deposits. Mine ¾ HYC (McArthur River) the world’s s
Slide 4: Zinc and Lead
RESOURCES NL Borroloola Project Zinc and Lead For personal use only ¾ Massive and unique tenement holding ¾ Unparalleled Zinc-Lead opportunity
Slide 5: Zinc and Lead
RESOURCES NL Borroloola Project Zinc and Lead ¾ Significant exploration For personal use only data already exists in Drillholes the area but has not been assessed on a regional basis by explorers in the past that held small ground areas. ¾ Work to date has focused on developing a new structural unde
Slide 6: Zinc and Lead
RESOURCES NL Borroloola Project Zinc and Lead For personal use only ¾ New structural interpretation creates potential for a variety of concealed deposits and prospective structural settings. ¾ For deep targets the company has focused on new tools including airborne electromagnetic survey data and so
Slide 7: Inversion of Airborne Electromagnetic data
RESOURCES NL Borroloola Project Zinc and Lead For personal use only Inversion of Airborne Electromagnetic data Early time EM response Late time EM response Conductivity depth Shallow conductor Shallow weathering section image (CDI) Deep conductor
Slide 8: AEM conductivity
RESOURCES NL Borroloola Project Zinc and Lead For personal use only AEM conductivity 150-200m Plus flight lines of unprocessed surveys 2007 Sandfire flew 4300km of AEM Reprocessing 12,000km of Historic AEM Data
Slide 9: Yalco Prospect
RESOURCES NL Borroloola Project For personal use only YALCO PROSPECT ¾AEM anomaly similar to HYC ¾Barney Creek Formation intersected in seven holes ¾HYC Pyritic member intersected in three holes ¾Talus breccia intersected in one hole ¾Gravity Survey in progress
Slide 10: Zinc and Lead
RESOURCES NL Borroloola Project Zinc and Lead For personal use only
Slide 11: Manganese
RESOURCES NL Borroloola Project Manganese For personal use only ¾ Significant prospectivity for the discovery of manganese deposits in the Northern Territory. ¾ The western and southern margins of the Gulf of Carpentaria Basin are highly prospective for Groote Eylandt-style Manganese mineralisation.
Slide 12: Manganese
RESOURCES NL Borroloola Project Manganese For personal use only ¾ Known deposits include Brumby, L4, Yiyintyi, and South Rosie Creek. ¾ South Rosie Creek discovered by BHP in 1994. ¾ Mineralisation occurs at the base of the Cretaceous on the unconformity with the underlying sandstone. ¾ South Rosie
Slide 13: Manganese
RESOURCES NL Borroloola Project Manganese For personal use only ¾ The Groote Eylandt manganese deposits formed in shallow marine basin environments. ¾ Other manganese deposits occur within largely unexplored areas along the coast of the Gulf of Carpentaria. ¾ Sandfire Resources holds exploration ten
Slide 14: Borroloola Manganese Project
For personal use only RESOURCES NL Borroloola Manganese Project ¾Groote Eylandt produces approximately 1.6 million tonnes of high grade manganese ore per year. ¾The ore body is a flat lying sheet in the top 30 metres of Cretaceous sediments. Ore Zone
Slide 15: Manganese Airborne electromagnetic surveys (AEM)
RESOURCES NL Borroloola Project Manganese Airborne For personal use only electromagnetic surveys (AEM) ¾ Manganese Brumby Prospect deposits show as near surface conductors. ¾ New targets identified. ¾ Further AEM planned over Cretaceous sediments AEM Conductivity image 10‐20m depth
Slide 16: Future Manganese exploration
RESOURCES NL Borroloola Project Future Manganese exploration For personal use only ¾Further airborne electromagnetic surveys using SKYTEM ¾Ground truthing ¾Drilling
Slide 17: Western Australian Prospects
RESOURCES NL Western Australian Prospects For personal use only Sandfire Resources 100% Doolgunna – Gold – Iron Sandfire – Zinc and Lead Yannaire – Zinc and Lead Urandy – Gold – Zinc and Lead
Slide 18: Doolgunna Project - Iron
RESOURCES NL For personal use only Doolgunna Project - Iron
Slide 19: Doolgunna Project - Iron
RESOURCES NL For personal use only Doolgunna Project - Iron ¾ Reconnaissance traversing in late 2007 identified hematite-goethite deposits in the Robinson Range. ¾ Doolgunna Exploration Licence 52/1715 endorsed for iron exploration in January 2008. ¾ Reconnaissance exploration and detailed mapping c
Slide 20: Doolgunna Project - Iron
RESOURCES NL Doolgunna Project - Iron ¾ Iron ore mineralisation For personal use only confined to units of the Robinson Range Formation. ¾ The Robinson Range Formation a 200-300 m thick sequence of: • magnetite banded iron formation; • granular iron formation; and • cherty banded iron formation. ¾ T
Slide 21: Doolgunna Project - Iron
RESOURCES NL For personal use only Doolgunna Project - Iron
Slide 22: Doolgunna Project - Iron Mineralisation
RESOURCES NL Doolgunna Project - Iron Iron Mineralisation For personal use only ¾ The iron ore mineralisation is hematite-goethite surface enrichment of the basal magnetite BIF. ¾ Other horizons; • Granular BIF; and • Cherty BIF. Can be mineralised in outcrop ¾ Some areas of iron formation are later
Slide 23: Doolgunna Project - Iron
RESOURCES NL For personal use only Doolgunna Project - Iron
Slide 24: Doolgunna Project - Iron
RESOURCES NL Doolgunna Project - Iron For personal use only ¾ Surface sampling and initial drilling of the mineralisation indicates low phosphorus values ¾ Observations and drilling to date suggest the hematite-goethite mineralisation is relative shallow. ¾ The extent of surface “weathering” of the
Slide 25: Doolgunna Project - Gold
RESOURCES NL Doolgunna Project - Gold • Located 900 km NE For personal use only of Perth • Four exploration licences, area of 495 squ km • Strike coverage 40km. • No previous gold mining. • Primary gold discovery by Sandfire Resources
Slide 26: Doolgunna Project - Gold Geology
RESOURCES NL Doolgunna Project - Gold GEOLOGY Historic gold production For personal use only Tenure covers units of from northern flank of the: basins: • Padbury Basin • 2 million ounces • Bryah Basin with remaining resources • 0.5 million ounces Most gold discovered in last 20 years Gold Mines
Slide 27: Doolgunna Project – Principal Gold Prospects
RESOURCES NL Doolgunna Project – Gold Principal Gold Prospects For personal use only
Slide 28: Sandfire
RESOURCES NL Sandfire Project Zinc and Lead For personal use only
Slide 29: Sandfire
RESOURCES NL Sandfire Project Zinc and Lead For personal use only ¾ Located 150 km southwest of Broome, adjacent to Northwest Coastal Highway ¾ Four exploration licences covering 430 km2 and 27 km of the prospective structure along the Admiral Bay Fault.
Slide 30: Sandfire
RESOURCES NL Sandfire Project Zinc and Lead For personal use only ¾ Located in Canning Basin, formed since Ordovician with 18,000m of sediments. ¾ Tenure covers faulted margin between Willara Sub‐Basin and the Broome Platform. ¾ Faulting started in early Ordovician and was coeval with the Willara Ba
Slide 31: Sandfire
RESOURCES NL Sandfire Project Zinc and Lead For personal use only Admiral Bay Deposit Sandfire Deposit • Mineralisation hosted in carbonate • Potential for Mineralisation rocks of the Nita Formation over hosted in carbonate rocks over the Admiral Bay High. the Parda High. • The project covers the fa
Slide 32: Sandfire
RESOURCES NL Sandfire Project Zinc and Lead For personal use only •
Slide 33: Sandfire
RESOURCES NL Sandfire Project Zinc and Lead For personal use only •
Sandfire Resources NL — Shareholder Meeting (June 2008) on 6ix