Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Investor Presentation (July 2012)
34 slides from Marmota's investor presentation, Jul 12, 2012
Slide 1: Marmota Energy Investor Presentation July 2012
MARMOTA ENERGY For personal use only LIMITED Investor Presentation July 2012 1 Copyright Marmota Energy Limited
Slide 2: Forward Looking Statements
For personal use only Forward Looking Statements “These materials include forward looking statements. Forward looking statements inherently involve subjective judgement and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside of the control of, an
Slide 3: Corporate Snapshot
Corporate Snapshot Stock Code ASX: MEU Marmota Energy (ASX: MEU) is a diversified mineral For personal use only Shares 150 m exploration and development company with key projects across the uranium, copper, gold and iron ore Market Cap (at 31 March 2012) A$10 m spaces. Cash (at 31 March 2012) A$3.2
Slide 4: Multi commodity value proposition
Multi commodity value proposition Western Spur Melton Indooroopilly Junction Dam For personal use only • Iron ore outcrops located • Significant copper grades • Ready to drill targets with • High grades from assay of 13 km from the Strzelecki intersected in drilling. strong coincident up to 8142 ppm
Slide 5: Rights Issue
Rights Issue Marmota Energy is seeking additional capital funding to maintain an aggressive exploration momentum on key non uranium projects across the iron and For personal use only copper-gold spaces. Rights issue structure • Non-renounceable rights issue (Rights Issue) to raise approximately $3 m
Slide 6: Today's Presentation
Today's Presentation For personal use only South Australia: Uranium Copper, Gold Iron ore United States: Angel Wing JV 6
Slide 7: Western Spur Iron Project
For personal use only Western Spur Iron Project 7
Slide 8: Iron ore projects Highlights
Iron ore projects Highlights For personal use only • Western Spur is located north east of Leigh Creek coal mine and railway head. • Iron ore outcrops located 13 km from the Strzelecki Track, a major arterial road servicing gas fields to the north. • 125 Mt first stage hematite exploration target. •
Slide 9: Western Spur access and infrastructure
• Good road access • Rail infrastructure nearby For personal use only • Gas fields to the north, coal mine to the south. Rail line to coast 9
Slide 10: Proposed exploration program at Western Spur
Details of the proposed exploration program at Western Spur include: For personal use only • Infill sampling program across high priority zone targeted for drill testing. • High resolution ground gravity throughout an initial 6x2.5 km zone that contains two large outcrops of iron that have been prev
Slide 11: Prospectivity
PROSPECTIVITY Marmota sample location 1981 WMC drillhole location • Iron outcrop 4 extends for For personal use only approximately 3 km. • Drill hole logs which define intervals of iron mineralisation intercepted by a number of holes completed by WMC in 1981. • The logs show intervals of up to 30 me
Slide 12: Significant scale of iron outcrop
For personal use only Marmota 4WD Significant scale of iron outcrop, photograph from the top of the southern end of Outcrop 4 12
Slide 13: Iron exploration target assessment
South Australia iron ore projects comparison table (Source: PIRSA M20 Information sheet – October 2011) IRON EXPLORATION TARGET ASSESSMENT • Independent assessment of exploration results completed by Marmota during 2011 and previously by other exploration organisations including Western Mining Corp.
Slide 14: Melton Copper-Gold Projects
For personal use only Melton Copper-Gold Projects 14
Slide 15: Significant copper grades intersected at Melton
For personal use only • Significant copper grades intersected in drilling at the Melton copper-gold project on South Australia’s Yorke Peninsula. • Results include 9 metres at 1.03% copper including 1 metre at 2.25% copper and 0.46 g/tonne gold intersected in drill hole MIRDD08. • Significant grades
Slide 16: Miranda target
West • Miranda target is up to 3 km in length. For personal use only Melton Melton • Eight drill holes have been completed at Interpreted continuation of the Miranda. Pine Point Fault Zone • Drill holes intersected observable sulphide mineralisation (pyrite and chalcopyrite). TARGET 3 • The Miranda
Slide 17: Miranda Target - Large magnetic body extending to depth
For personal use only Miranda Target – Large magnetic body extending to Depth Interpreted low grade zone Interpreted high grade zone Miranda target Phase 1 and 2 assay results schematic. Miranda total magnetic intensity image with drill hole locations shown and copper intercepts down hole displayed
Slide 18: Significant results from Miranda drilling
Significant results from Phase 1 and 2 of drilling of the Miranda target include: Hole East North From m Interval m Cu % Au g/t Ag g/t MIRDD01 (Phase 773860 6219295 451 21 0.11 1.02 1) For personal use only MIRDD04 (Phase 773835 6219245 432 4 0.15 1 1) 463 4 0.13 0.9 487 3 0.26 3.56 MIRDD05 (Phase 7
Slide 19: Forward Plan - Melton
Forward Plan For personal use only • Petrological assessment of mineralised samples from key intercepts. • Reassessment of shallower intervals of drillholes for potential further assay. • Phase 3 drilling program to more clearly MELTON PROJECT delineate the potential high grade mineralised zones dis
Slide 20: Indooroopilly Project
Indooroopilly Project For personal use only 20
Slide 21: Indooroopilly copper-gold project
Indooroopilly copper-gold project For personal use only • A number of ready to drill targets have been identified on the project with strong coincident geochemical and geophysical anomalism for copper Indooroopilly project, EL 4702 and gold. • The Moonbi target has been identified as the highest pri
Slide 22: Moonbi target anomalism
Drill ready targets have been identified on the project with strong coincident geochemical and geophysical anomalism particularly for copper and gold. For personal use only CAMEL TARGET CAMEL TARGET Moonbi target, strong gold and copper in calcrete anomalism (left) coincident with geophysical anomal
Slide 23: Fortescue Metals Group expansion into SA
FORTESCUE METALS GROUP (FMG) EXPANSION INTO SA For personal use only 23
Slide 24: Aurora Tank Project
Aurora Tank Project For personal use only 24
Slide 25: Aurora Tank Gold Project
For personal use only Aurora Tank Gold Project • 100% owned by MEU • ‘Aurora Tank’ is located northeast of Kingsgate’s Challenger Gold Mine. • Good potential for Archaean ‘Challenger’ style gold mineralisation and covers a prominent Aurora Tank magnetic anomaly interpreted as banded iron project for
Slide 26: Nevada Gold Projects
Nevada Gold Projects For personal use only Angel Wing • Marmota Energy in strategic partnership with high grade gold producer Ramelius Resources Limited (ASX: RMS) for gold project generation in the gold fields of Nevada. • The latest results, from a 15-hole drilling program returned consistent gold
Slide 27: Angel Wing sampling and drilling results
For personal use only • Surface rock chip sampling has returned encouraging assay results up to 3m @ 17.1g/t Au (Ramelius’ check sampling returned 3m @ 25.2g/t Au + 89.2g/t Ag). • Ramelius’ 1m rock chip samples returned assays up to 57.7g/t Au with coincident elevated silver values (up to 232ppm Ag)
Slide 28: Junction Dam Uranium JV
Junction Dam Uranium JV • High grades from assay of up to 8142 ppm U3O8 , uranium deposit defined with significant expansion potential along a 15 km strike length. For personal use only • Adjacent to operating ISL mine, close to Broken Hill. • Strong positive disequilibrium factor ranging up to 2.2
Slide 29: Maiden Inferred Resource for Saffron
Maiden Inferred Resource for Saffron For personal use only • 4.36 million tonnes of mineralisation* • Estimated to contain some 1,510 tonnes of U3O8 (3.33 million pounds) with strong positive Saffron Inferred disequilibrium resource New zones of • Two mineralised sand layers of the Eyre Formation ur
Slide 30: Junction Dam location
Junction Dam location For personal use only Uranium One Honeymoon Mine MEU 30
Slide 31: 2012 drilling results
2012 drilling results Grade contour map from drill hole intercepts For personal use only • Saffron deposit footprint increases to approximately eight times the size of the nearby Honeymoon uranium deposit area. • Campaign results also confirm contiguous grade continuity with adjoining Bridget deposi
Slide 32: Retention Lease Works - Saffron Deposit
Retention Lease Works – Saffron Deposit • Process required to meet regulatory approval to undertake field leach trials. For personal use only • RL works will include baseline investigations of: · Flora and fauna · Groundwater conditions, including aquifer conditions (quality, flow direction, modelli
Slide 33: Indicative drill program time line
Indicative drill program time line • Multipurpose drill rig being sought • Contiguous drilling program planned to test targets across: For personal use only • Western Spur iron project • Indooroopilly copper and gold project • Aurora Tank gold project • Melton copper-gold project • Undertake retenti
Slide 34: Marmota Energy Limited - ASX Code MEU
For personal use only MARMOTA ENERGY LIMITED ASX CODE: ‘MEU’ www.marmotaenergy.com.au The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr D J Calandro, who is a Member of the Australian Institute of Geoscientist