Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Investor Presentation (April 2021)
23 slides from Lodestar Minerals's investor presentation, Apr 22, 2021
Slide 1: General Meeting Presentation
For personal use only General Meeting Presentation 21 April 2021
Slide 2: Important notices
Important notices This presentation has been prepared by Lodestar Minerals Limited (Lodestar). 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 third parties and though Lodestar has no
Slide 3: Investment summary: increased exploration activity following Goldfellas acquisition
Entering a period of significantly increased exploration activity following the acquisition of Goldfellas Pty Ltd in April 20211 For personal use only ▪ Delivers a 20% interest in the Nepean Nickel Project in JV with Auroch Minerals Ltd (ASX:AOU) ▪ Advanced nickel project reduces previous exploratio
Slide 4: Snapshot of Lodestar
Snapshot of Lodestar BOARD OF DIRECTORS For personal use only Ross Taylor Chairman Finance and banking Shares on issue3 Market capitalisation Bill Clayton Managing Director Gold/nickel geologist 1,290.9M A$15.5M David McArthur Non-Executive Director Corporate accountant Cash and investments Share pr
Slide 5: Overview of projects
Overview of projects Nepean Nickel Project (LSR – 20%) For personal use only ▪ Historic high-grade nickel mine produced 32,303t of nickel metal at 2.99% Ni4 ▪ Existing remnant resource5 (JORC 2004) remains with potential to upgrade to JORC 2012 ▪ Most recent drilling returned multiple thick, high-gr
Slide 6: Goldfellas acquisition: Nepean nickel project JV
Goldfellas acquisition (LSR – 20%) Nepean nickel project JV For personal use only ▪ Located 25km south of Coolgardie, in JV with Auroch Minerals Ltd ▪ Significant historic underground mine produced 32,303t of nickel metal at 2.99% Ni with ore processed at Kambalda ▪ Mining stopped in 1987 due to low
Slide 7: Goldfellas acquisition: Bulong gold project
Goldfellas acquisition (LSR – 100%) Bulong gold project For personal use only ▪ Located 40km east of Kalgoorlie with 1317ha under tenure ▪ Northern extension of the historic Glandore gold prospect ▪ Prospective host geology of a folded, layered gabbro-dolerite plunges shallowly to the northwest bene
Slide 8: Bulong gold project
Goldfellas acquisition (LSR – 100%) Bulong gold project For personal use only ▪ Limited shallow drilling completed by Western Mining in the 1990s returned gold mineralisation on southern boundary of P26/26269 ▪ Priority area for follow-up work programs following approval of program of work 9. Detail
Slide 9: Oro Del Sur acquisition: Jubilee Well gold project
Oro Del Sur acquisition (LSR – 100%) Jubilee Well gold project For personal use only ▪ New project directly along strike from the world-class Sunrise Dam and Granny Smith gold deposits ▪ Jubilee Well located 8km north of Sunrise Dam deposit and on the same geological sequence ▪ 2056ha within the Lav
Slide 10: Imbin base metal/copper-gold project
Earaheedy margin (LSR – 100%) Imbin base metal/copper-gold project For personal use only ▪ 900 sq km and 50km of strike over Earaheedy basin margin ▪ Right geological credentials – nascent Earaheedy metallogenic terrane ▪ Includes area of Yelma-Frere unconformity hosting Rumble Resources’ (ASX:RTR)
Slide 11: Camel Hills gold project
Northern craton margin (LSR – 100%) Camel Hills gold project For personal use only ▪ Covers part of the Errabiddy Shear Zone, a major Archaean- Paleoproterozoic structural boundary ▪ Targeting regional geochemical anomalies resulting in discovery of high grade gold at Big Sky prospect ▪ Drilling com
Slide 12: Ned's Creek gold project
Northern craton margin (VAN earning 51% via $4.5M earn-in) Ned’s Creek gold project For personal use only ▪ Multiple basement gold intersections in drilling on southern margin of 6km long Contessa granite: ▪ Contessa ▪ Central Park ▪ Gidgee Flat ▪ Syenite and intrusion related gold mineralisation on
Slide 13: Activity timeline
Activity timeline Project 2020 DEC QTR 2021 MAR QTR 2021 JUN QTR 2021 SEP QTR 2021 DEC QTR For personal use only NEPEAN JV: NICKEL GoldFellas acquisition Drilling RC & aircore drilling RC drilling RC drilling* Geophysics Ground MLEM, DHEM DHEM Geochemistry Aircore drilling BULONG: GOLD Project acqui
Slide 14: Investment proposition
A revitalised project portfolio with leverage to future exploration success ▪ Attractive mix of nickel, gold, zinc-lead and copper-gold targets For personal use only ▪ More balanced portfolio of early stage and advanced projects ▪ Combination of 100% owned, joint venture and earn-in structures Agile
Slide 15: Appendices
For personal use only Appendices 15
Slide 16: WMC intersections
WMC intersections Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth For personal use only GDJC112 6596310 391716 323.89 -90 0 nsi 18 GDJC136 6596299 391318 322.88 -90 0 24 26 2 0.24 30
Slide 17: WMC intersections (cont'd)
WMC intersections (cont’d) For personal use only Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth GDJC170 32 34 2 0.16 GDJC210 38 40 2 0.12 GDJC171 6596700 391760 320.59 -90 0 nsi 26
Slide 18: WMC intersections (cont'd)
WMC intersections (cont’d) Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth For personal use only GDJC250 6596620 391960 323.33 -90 0 nsi 42 GDJC79 6595899 391560 321.99 -60 270 25 26
Slide 19: WMC intersections (cont'd)
WMC intersections (cont’d) Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth 96 97 1 3.61 97 98 1 0.87 For personal use only 99 100 1 0.15 Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth 100 101 1 0.11 GDJC92 6595899 392000 320.66 -
Slide 20: JORC Code 2012 Table 1: Sampling Techniques and Data
Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections) JORC Code, 2012 Edition – Table 1 report For personal use only Criteria JORC Code explanation Commentary Sampling techniques • Nature and quality of sampling (e.g. cut channels, random chips, or specif
Slide 21: JORC Code 2012 Table 1: Quality of assay data
Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections) JORC Code, 2012 Edition – Table 1 report For personal use only Criteria JORC Code explanation Commentary Quality of assay data • The nature, quality and appropriateness of the assaying and laboratory p
Slide 22: JORC Code 2012 Table 1: Reporting of Exploration Results
Section 2 Reporting of Exploration Results (Criteria in this section apply to all succeeding sections) JORC Code, 2012 Edition – Table 1 report For personal use only Criteria JORC Code explanation Commentary Mineral tenement and land • Type, reference name/number, location and ownership including ag
Slide 23: JORC Code 2012 Table 1: Data aggregation methods
Section 2 Reporting of Exploration Results (Criteria in this section apply to all succeeding sections) JORC Code, 2012 Edition – Table 1 report For personal use only Criteria JORC Code explanation Commentary Data aggregation • In reporting Exploration Results, weighting averaging techniques, maximum
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