Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — Shareholder Meeting (November 2023)
39 slides from Stavely Minerals's shareholder meeting presentation, Nov 16, 2023
Slide 1: Finding the energy metals the world needs for a low-carbon future
For personal use only Finding the energy metals the world needs for a low-carbon future High-Impact Exploration in Emerging Copper and Nickel Provinces AGM Presentation 16 November 2023 1
Slide 2: Disclaimer
Disclaimer ● This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of For personal use only the Company’s projects,
Slide 3: A Modern Australian Energy Metals Growth Company
A Modern Australian Energy Metals Growth Company What does Stavely Minerals offer that is different? For personal use only BIG targets 3
Slide 4: BIG Targets
BIG Targets Hawkstone Magmatic Ni-Cu-Co Project1 ● Adjacent to IGO / Buxton Merlin / Double Magic discovery – ave. 8% Ni tenor, For personal use only new Dogleg discovery – emerging magmatic nickel province ● Eg. Nova & Bollinger, Voisey’s Bay Stavely Project - Thursday’s Gossan Prospect ● High-Grad
Slide 5: Hawkstone Ni-Cu-Co Project – An Emerging Nickel-Copper-Cobalt Province
For personal use only Hawkstone Ni-Cu-Co Project – An Emerging Nickel-Copper- Cobalt Province 5
Slide 6: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project ● ~850km2 100% tenure For personal use only ● ~30km of the prospective Ruins Dolerite ● Buxton / IGO JV Merlin discovery 1km from tenement boundary ● High tenor ave. 8%Ni1 (=~24g/t Au2) in massive sulphides ● Complimentary field season (winter) t
Slide 7: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project ● ~850km2 100% tenure For personal use only ● ~30km of the prospective Ruins Dolerite ● Recently acquired Falcon Gravity Gradiometer / magnetic survey ● Setting up for exploration success ● Buxton / IGO JV Merlin discovery 1km from tenement bound
Slide 8: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project ● ~850km2 100% tenure ● ~30km of the prospective Ruins Dolerite For personal use only ● Buxton / IGO JV Merlin discovery 1km from tenement boundary Hawkstone ● High tenor ave. 8%Ni = ~24g/t Au ● NEW Dogleg nickel discovery (Quick Shears) 13km NW
Slide 9: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project ● ~850km2 100% tenure ● ~30km of the prospective Ruins Dolerite For personal use only ● Buxton / IGO JV Merlin / Double Magic discovery 1km from tenement boundary ● High tenor ave. 8%Ni = ~24g/t Au ● NEW Dogleg nickel discovery (Quick Shears) 13k
Slide 10: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project ● ~850km2 100% tenure ● ~30km of the prospective Ruins Dolerite For personal use only ● Buxton / IGO JV Merlin / Double Magic discovery 1km from tenement boundary ● High tenor ave. 8%Ni = ~24g/t Au ● NEW Dogleg nickel discovery (Quick Shears) 13k
Slide 11: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Gravity Nova Gravity Nova discovery intercept: For personal use only • 4m at 3.8% Ni and 1.42% Cu1 Dogleg discovery intercept: • 13.85m @ 4.35% Ni, 0.34% Cu and 0.15% Co, incl. • 5.86m @ 7.47% Ni, 0.31% Cu and 0.25% Co 1Bennett, M., et. al,., 2014, Motive, Means,
Slide 12: Hawkstone Ni-Cu-Co Project – Voisey's Bay Analogy
Hawkstone Ni-Cu-Co Project – Voisey’s Bay Analogy Hawkstone Ni-Cu-Co Project ● Magmatic nickel deposits form by For personal use only ascending magma acquiring sulphur from country rocks and those sulphides sequester Ni, Cu and PGE from melt. ● Sulphides precipitate in low-velocity ‘traps’ See ASX a
Slide 13: Hawkstone Ni-Cu-Co Project – Voisey's Bay Analogy
Hawkstone Ni-Cu-Co Project – Voisey’s Bay Analogy Voisey’s Bay Long Section Hawkstone Ni-Cu-Co Project ● If the Merlin discovery equates to For personal use only the Discovery Hill Zone at Voisey’s Bay… ● Then does the apparent mafic ?? magma chamber at depth in Hawkstone represent an Eastern Deeps
Slide 14: Stavely Project
For personal use only Stavely Project 14
Slide 15: Stavely Project
Stavely Project ● First-mover position – largest and most strategic tenement holding in the Stavely Volcanic Belt, western Victoria For personal use only ● Discovery– outstanding shallow high-grade copper-gold-silver discovery (September 2019), the Cayley Lode ● Cayley Lode MRE1 – 9.3Mt at 1.23% Cu,
Slide 16: Cayley Lode Mineral Resource Estimate
Cayley Lode Mineral Resource Estimate ● Magma / Butte copper lode-style system – outstanding exploration target never before seen in For personal use only Australia ● 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag1 Indicated Inferred 38% 62% 300m Deep ● Open Pit Mineral Resources within open pit shell
Slide 17: Stavely Regional Exploration
For personal use only Stavely Regional Exploration 17
Slide 18: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Full range of discovery opportunities For personal use only associated with the ancient Stavely Volcanic Arc 5-7km Fairview Deep Porphyry 18
Slide 19: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Despite previous exploration by industry ‘top dogs’ Newcrest, Rio Tinto, CRA Exploration and North For personal use only Limited, Stavely Minerals has a ‘first mover’ advantage ● +1,000km2 of tenure covering ~115km of porphyry- prospective v
Slide 20: Ground Gravity – Thursday's Gossan Alteration / Gravity Low
Ground Gravity – Thursday’s Gossan Alteration / Gravity Low For personal use only 20
Slide 21: Falcon gravity gradiometer image
Falcon™ gravity gradiometer For personal use only image 21
Slide 22: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● The team has identified 19 regional targets and have active aircore and soil auger programmes For personal use only ● All of the regional targets are under younger (~10Ma) basalt cover or tertiary transported cover ● Already made a ‘blind’ p
Slide 23: Emerging Discovery? – The S41 Breccia Prospect
Emerging Discovery? – The S41 Breccia Prospect Magnetics Gravity S41 Prospect Aircore ● 4m at 2.21g/t Au from For personal use only 96m drill depth, including: ● 2m at 3.92g/t Au from 98m in aircore drilling ● Large 2km alteration zone ● Strongly anomalous base metals and pathfinder geochemistry See
Slide 24: Emerging Discovery? – The S41 Breccia Prospect
Emerging Discovery? – The S41 Breccia Prospect S41 Diamond Drill Hole ● 1m at 2.16g/t Au from 282m drill depth For personal use only ● 37m at 0.10g/t Au, including: ● 2m at 0.56g/t Au from 320m, and ● 5m at 24.3g/t Ag from 353m ● Gold and silver in the system ● Breccia-hosted systems host notoriousl
Slide 25: Emerging Discovery? – The S41 Breccia Prospect
Emerging Discovery? – The S41 Breccia Prospect S41 Diamond Drill Hole ● 1m at 2.16g/t Au from 282m For personal use only drill depth ● 37m at 0.10g/t Au, including: ● 2m at 0.56g/t Au from 320m, and ● 5m at 24.3g/t Ag from 353m ● Gold and silver in the system ● Breccia-hosted systems host notoriousl
Slide 26: Toora Road
Toora Road Toora Road Prospect ● Same magnetic trend For personal use only as the Cayley Lode and the Northern Flexure prospect (left image) ● Historic aircore drill intercept (CRA): 15m @ 1.28g/t Au, 11g/t Ag, 0.26% Cu, 0.94% Pb and 0.10% Zn immediately north of a prominent gravity low (right image
Slide 27: Emerging Discovery? – The Northern Flexure Prospect
Emerging Discovery? – The Northern Flexure Prospect Northern Flexure Prospect ● First drill programme For personal use only ● 20m at 33.2g/t Ag from 12m drill depth, including: ● 2m at 169g/t Ag from 98m ● Similar ultramafic contact setting to the Cayley Lode See ASX announcement 19/04/2023 and avai
Slide 28: Junction – Massive Opportunity for Additional Discovery
Junction 1 – Massive Opportunity for Additional Discovery Junction 1 Prospect ● 2km south of the Cayley Lode For personal use only ● Largest and highest grade soil anomaly in the project ● Restricted access over the past 15 years ● Aircore drill results including 35m at 3.4% Cu from 24m See Stavely
Slide 29: New Regional Porphyry Targets
For personal use only New Regional Porphyry Targets 29
Slide 30: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Soil geochemistry analysis by Dr Dan Cole, Fathom Geophysics ● Utilises vertical metals zonation model above porphyry systems For personal use only See ASX announcement 3/10/2021 and available from www.stavely.com.au 30
Slide 31: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● S2 and especially S3 porphyry targets are associated with gravity lows, consistent with hydrothermal alteration related gravity lows at Thursday’s Gossan porphyry, The Northern For personal use only Flexure, Toora Road prospects and the Toor
Slide 32: Work Programme
For personal use only Work Programme 32
Slide 33: 12-month Work Programme
12-month Work Programme ACTIVITY Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Stavely Project Thursday's Gossan Prospect For personal use only Regional porphyry target aircore drilling Toora Road Prospect Diamond drilling gravity low Junction 1 Prospect Aircore
Slide 34: Copper and Nickel …the Ultimate "Future-Facing" Commodities
Copper and Nickel …the Ultimate “Future-Facing” Commodities In order to migrate to a low-carbon For personal use only economy and provide alternative energy solutions, certain strategic minerals are required to build the wind 3.6 tonnes of copper for every MW of wind farms, solar farms, electric veh
Slide 35: Copper and Nickel…Compelling Market Fundamentals
Copper and Nickel…Compelling Market Fundamentals There are very few high-quality For personal use only projects coming on stream in first world jurisdictions Escondida, the world’s largest copper mine: • 1.72% Cu average head grade in 2007 • 0.52% Ore Reserve grade in 2019 CRU estimates a 15 million
Slide 36: Corporate Summary
Corporate Summary CAPITAL STRUCTURE 12-month Share Price to 12 November 2023 ASX Ticker SVY $0.35 3,000,000 For personal use only Share Price (12/11/23) $0.068 $0.30 2,500,000 Close Volume Shares on Issue 382M $0.25 2,000,000 Cash (30/09/23) $2.7M $0.20 Market Capitalisation $26M 1,500,000 Managemen
Slide 37: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways First-mover position (+1,000km2) in a potential emerging copper province at Stavely Discovery of structurally-controlled high-grade lode-style copper-gold-silver mineralisation similar to the Magma (Arizona) and Butte (Montana) deposits For personal use only
Slide 38: Contact Us
For personal use only Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it i
Slide 39: Mineral Resources Classifications
Mineral Resources Classifications Table 1. Cayley Lode Initial Mineral Resource estimate Cut-off Grade Cont. Grade Cont. Grade Cont. Resource Resource Tonnes Material Category (Mt) Cu For personal use only (Cu %) (Cu %) (Au g/t) Au (oz) (Ag g/t) Ag (oz) (Mlbs) Primary Indicated 0.2 5.87 1.04 134.4 0
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