Slide 1: Unlocking Victoria's Copper-Gold Potential
For personal use only Unlocking Victoria’s Copper-Gold Potential: multiple drill-ready discovery opportunities and significant Government funding! November 2016
Slide 2: Disclaimer
STAVELY MINERALS Disclaimer For personal use only 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 the Comp
Slide 3: Corporate snapshot and directors
STAVELY MINERALS ASX Code – SVY Shares on Issue – 95.5M For personal use only Share Price - $0.19 Market Cap - $18.15M Cash (30/06/16) - $1.06M* Management ~50% equity *Excludes Titeline Drilling agreement and Victorian Gov’t co-funding Directors $0.30 300,000 $0.25 Volume 250,000 Bill Plyley Close
Slide 4: Projects
For personal use only PROJECTS
Slide 5: Victorian Project Locations
VICTORIAN PROJECT LOCATIONS Victorian Projects For personal use only The Ararat Project is prospective for VMS base metals-gold and ‘Stawell- style’ gold mineralisation. The Stavely Project is prospective for ancient porphyry copper-gold, VMS base metals-gold and intrusive related gold mineralisatio
Slide 6: Queensland Project Location
QUEENSLAND PROJECT LOCATION For personal use only The Ravenswood Project is prospective for porphyry copper- moly-gold, quartz- sulphide vein- hosted gold and breccia-hosted gold mineralisation.
Slide 7: Mineral Resources
MINERAL RESOURCES1 For personal use only At the Ararat Project, hosted in a Besshi-style VMS: • Inferred Mineral Resources of 1.3Mt at 2.0% copper, 0.5 g/t gold, 0.4% zinc and 6 g/t silver for 30kt of contained copper At the Stavely Project hosted in a secondary chalcocite-enriched blanket: • Inferr
Slide 8: Thursday's Gossan Chalcocite 'Blanket'
For personal use only THURSDAY’S GOSSAN CHALCOCITE ‘BLANKET’
Slide 9: Thursday's Gossan
THURSDAY’S GOSSAN For personal use only Inferred Mineral Resources of 28Mt at 0.4% copper for 110kt of contained copper
Slide 10: Thursday's Gossan Conceptual Study
THURSDAY’S GOSSAN For personal use only Conceptual Study provided sufficiently positive economic outcomes to progress to a Scoping Study1 1 see ASX announcement 19 July 2016 and available from www.stavely.com.au
Slide 11: Thursday's Gossan
For personal use only THURSDAY’S GOSSAN
Slide 12: Discovery Opportunities: Drilling Now
For personal use only 4 x DISCOVERY OPPORTUNITIES: DRILLING NOW
Slide 13: #1: Ravenswood Project
#1: RAVENSWOOD PROJECT Adjacent to the Ravenswood For personal use only mining centre - ~4Moz produced 4 x porphyry copper / moly prospects 3 x mesothermal vein hosted gold prospects ‘The Bank’ breccia pipe Similar geochemistry to Mt Wright (1Moz) and Welcome (210koz) breccia pipes undri
Slide 14: #1: Ravenswood Project - IRGS gold deposits
#1: RAVENSWOOD PROJECT For personal use only Other notable IRGS gold deposits in north east Queensland include: Deposit Contained oz Kidston* 5.0 million Ravenswood 4.8 million Mount Leyshon* 3.5 million Red Dome 2.1 million Mungana 1.1 million Mount Wright* 1.0 million Welcome* 0.21 million *=brecc
Slide 15: #1: Ravenswood Project - The Bank soil geochemistry
#1: RAVENSWOOD PROJECT For personal use only The Bank breccia soil geochemistry Classic high-level geochemical zonation Proximal silver, arsenic, antimony, bismuth and copper with spotty gold Peripheral Pb, Zn and Thallium Likely the best developed gold mineralisation is at depth 1 see ASX a
Slide 16: #1: Ravenswood Project
#1: RAVENSWOOD PROJECT For personal use only
Slide 17: The Bank Breccia interpreted level of exposure
The Bank Breccia For personal use only interpreted level of exposure Best gold at depth
Slide 18: Ravenswood Project - The Bank breccia
#1: RAVENSWOOD PROJECT For personal use only Ravenswood Project – ‘The Bank’ breccia High-level of exposure: Strong lead, silver, arsenic, Best gold? antimony soil and rock-chip geochemistry Spotty surface gold but consistent with Mt Wright Magnetic low Rhyolite dykes and breccia clasts Inte
Slide 19: Stavely and Yarram Park Projects
STAVELY AND YARRAM PARK PROJECTS • Thursday’s Gossan chalcocite For personal use only enriched blanket – Inferred Mineral Resource of 28Mt at 0.4% copper containing 110kt copper • Thursday’s Gossan porphyry • Junction porphyry • Mount Stavely porphyry • Fairview Gold prospect • Wickliffe VMS prospec
Slide 20: Stavely and Yarram Park Projects
STAVELY AND YARRAM PARK PROJECTS • Thursday’s Gossan chalcocite For personal use only enriched blanket – Inferred Mineral Resource of 28Mt at 0.4% copper containing 110kt copper • Thursday’s Gossan porphyry • Junction porphyry • Mount Stavely porphyry • Fairview Gold prospect • Wickliffe VMS prospec
Slide 21: #2: Yarram Park Project
#2: YARRAM PARK PROJECT For personal use only Mag high annulus and central high Gravity low
Slide 22: #2: Yarram Park Project - Toora West
#2: YARRAM PARK PROJECT For personal use only Toora West prospect Mag high annulus and central high Gravity low Two lines of IP completed over gravity / magnetic feature
Slide 23: #2: Yarram Park Project - Toora West
#2: YARRAM PARK PROJECT For personal use only Toora West prospect Mag high annulus and central high Gravity low Both IP lines have chargeability anomalies either side of the central magnetic high – classic porphyry signature 1 see ASX announcement 12 January 2016 and available from www.stavely
Slide 24: #2: Yarram Park Project - Toora West
#2: YARRAM PARK PROJECT For personal use only Toora West prospect Mag high annulus and central high Gravity low Both IP lines have chargeability anomalies either side of the central magnetic high Victorian Government co- funding for an additional 3 lines of IP and 2 x diamond drill holes N
Slide 25: #3: Thursday's Gossan Porphyry
#3: THURSDAY’S GOSSAN PORPHYRY Thursday’s Gossan Porphyry For personal use only Stavely Minerals drilled 3 deep diamond drill holes (between 532m to 640m deep) into an induced polarisation (IP) chargeability anomaly
Slide 26: #3: Thursday's Gossan Porphyry
#3: THURSDAY’S GOSSAN PORPHYRY For personal use only Thursday’s Gossan Porphyry Drilling intercepted well-developed phyllic alteration (sericite- pyrite) which corresponded well with the IP chargeability anomaly
Slide 27: #3: Thursday's Gossan Porphyry
#3: THURSDAY’S GOSSAN PORPHYRY Thursday’s Gossan For personal use only Porphyry The three deep diamond drill holes identified a low-angle structural offset to the porphyry system. Interpreted ‘second phase’ copper-gold porphyry.
Slide 28: #3: Thursday's Gossan Porphyry
#3: THURSDAY’S GOSSAN PORPHYRY Thursday’s Gossan Porphyry For personal use only 2 x drill holes targeting beneath the structure best gold-copper intercepts: 21m at 0.4% copper and 0.2g/t gold 32m at 0.8% copper and 0.4g/t gold 7.7m at 4.1% copper and 1.1g/t gold 9.5m at 2.9% copper and 0.4
Slide 29: #4: Mount Stavely
#4: MOUNT STAVELY For personal use only Mount Stavely Porphyry and Fairview Gold Interpreted buried porphyry reflected in pronounced gravity low 5km of peripheral mesothermal to epithermal gold associated with quartz-sulphide veins (adularia noted)
Slide 30: #4: Mount Stavely Porphyry
#4: MOUNT STAVELY Mount Stavely Porphyry For personal use only Inferred buried porphyry reflected in pronounced gravity low IP chargeability anomaly on NE margin Coincident molybdenum soil anomaly (should indicate the centre of porphyry-style mineralisation) Also highest gold result at 49ppb
Slide 31: Other Opportunities: Fairview Gold Prospect
OTHER OPPORTUNITIES Fairview Gold Prospect For personal use only 5km strike of quartz-suphide vein related gold mineralisation Previous drilling intercepts including: 2.5m at 17.4 g/t gold from 28m drill 5km depth 2m at 16.1 g/t gold from 23m drill depth 4m at 6.7 g/t gold from 10m drill d
Slide 32: Other Opportunities: Fairview Gold Prospect
OTHER OPPORTUNITIES Fairview Gold Prospect For personal use only Interpreted that the Fairview gold mineralisation is related to buried porphyry at Mount Stavely Similar setting to Lake Cowal Victorian Government co- funding for 17 x 2km IP geophysical lines 1 see ASX announcement 28 June 2016
Slide 33: Work Programmes
For personal use only WORK PROGRAMMES
Slide 34: Work Programmes
WORK PROGRAMMES For personal use only Work programme for the Ravenswood Project • Regional soil geochemistry • At ‘The Bank’ Breccia – drilling, current plan 4 x 300-400m diamond drill holes Work programme for the Yarram Park Project • At Toora West - 3 x IP lines and 2 x 300m diamond drill holes Wo
Slide 35: Work Programmes
WORK PROGRAMMES Work programme for the Ravenswood Project For personal use only • Regional soil geochemistry • At ‘The Bank’ Breccia – drilling, current plan 4 x 300-400m diamond drill holes Work programme for the Yarram Park Project • At Toora West - 3 x IP lines and 2 x 300m diamond drill holes Wo
Slide 36: Summary
SUMMARY For personal use only Scoping Study on low-cost copper production 4 x significant discovery opportunities 3 not previously drilled Victorian Government co-funding Drilling now
Slide 37: Thank You
STAVELY MINERALS For personal use only Thank You 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