Qx Resources Ltd · ASX:QXR
Qx Resources — Investor Presentation (December 2020)
17 slides from Qx Resources's investor presentation, Dec 18, 2020
Slide 1: Clermont Gold Project
ASX: QXR Clermont Gold Project Lucky Break Gold Mine Project Red Dog Gold Soils anomaly Ibis Gold Soils anomaly Roger Jackson Director LUCKY BREAK 1987
Slide 2: Competent Person’s Statement
Competent Person’s Statement The information in this report that relates to the Big Red and Red Dog project is based on information compiled by Mr. Roger Jackson, a Director and Shareholder of the Company, who is a 25+ year Member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and
Slide 3: Corporate Snapshot
Corporate Snapshot Overview Mr Feilich has been involved in investment markets for ~30 years, commencing his career as an Institutional derivative broker at McIntosh ASX code: QXR Maurice Feilich Securities (later Merrill Lynch) in 1998. He joined Tricom Equities in EXECUTIVE CHAIRMAN 2000 as Head o
Slide 4: Highlights
Highlights QX Acquisition ▪ QX has purchased 50% of Zamia resources for 400,000,000 QX shares. And will earn a further 20% on spending $500k on exploration. A further 20% can be secured by spending $1m on exploration. ▪ Zamia owns four (4) exploration licences in the Central Queensland Goldfields co
Slide 5: Zamia tenements Located in a Gold Corridor
Zamia tenements Located in a Gold Corridor Significant epithermal gold deposits that have been mined in the Clermont to Charters Towers region include: • Charters Towers district: Production 6.6 Moz Au • Pajingo : Production + resource 3 Moz Au • Mount Carlton: > 1 Moz Au • Wirralie: Production 320,
Slide 6: Clermont Near term potential Gold Production
Clermont Near term potential Gold Production Lucky Break Gold Mine
Slide 7: Lucky Break Gold Mine Project Location
Lucky Break Gold Mine Lucky Break is adjacent to the Gregory Hwy, 85km northwest of Clermont in QLD’s Central Goldfield. The workings and potential extensions are wholly within EPM 14790 with Cudgee Park Station freehold as underlying title. The pit was mined by East West Minerals in 1987 to 1988 wi
Slide 8: Project Reconstruction: Topography
6. Draped high res satellite imagery yielding working 3D topography with accuracy sub- 1m in x and y, and sub- 2m in z, to validate historic data and facilitate forward programme design 1. Recovered pit survey 2. Reconstruct pit shell 5. Combine to generate mine area digital terrain model 4. Convert
Slide 9: Project Reconstruction: Drill Hole Data
Scanned historic drill logs used to validate and correct Lucky Break drill data, including QAQC codes and statistically valid parallel data sets. JORC compliant statistics determining geochemical correlations and background anomalism levels to inform future exploration. Over 9000 lines of additional
Slide 10: Project Reconstruction: Geophysical Correlations
Radiometric Potassium-40 gamma ray spectrometry data reveals a strong correlation with gold mineralisation, validated against multiple deposits in the Project area. This is because potassium rich minerals created through wall rock alteration by mineralising fluids stand out clearly in this low potas
Slide 11: Project Reconstruction: Exploration Potential
Radiometric potassium anomalism also reveals exploration potential in the Lucky Break area. Lucky Break itself shows along strike AND structurally offset anomalism equating to extensional potential of approx. 664 m on top of the existing strike length of 280 m in pit for a total potential 886 m. Luc
Slide 12: Project Reconstruction: Going Forward
PRIORITY 1 - Lucky Break: Next Steps • Short path to operations • Source missing historic data to complete gaps in drill hole PRIORITY 2 - Lucky Break East: Next Steps knowledge base. • Recover, validate and import historic soil • Wireframe modelling of gold mineralisation to JORC geochemistry for c
Slide 13: Clermont Exploration
Clermont Exploration Red Dog Gold Soils anomaly Ibis Gold Soils anomaly
Slide 14: Results of Big Red and Red Dog Soil Sampling
RESULTS OF BIG RED and RED DOG SOIL SAMPLING Detailed infill soil sampling program of 250 plus samples is now completed over the Big Red area of the Disney tenement (EPM 17703) providing for an expanded and clear gold anomaly, dubbed Red Dog, with a 675m mineralised trend southwest of the Big Red mi
Slide 15: Results of Ibis Soil Sampling
RESULTS OF IBIS SOIL SAMPLING Infill soil sampling at the Ibis prospect is completed, with a final 140 sample points adding to the 1160 sample local soil geochemistry database to reveal a distinct 600 metre diameter gold anomaly through soil cover. Gold anomalism is supported by clear coincident ars
Slide 16: Big Dog and Red Dog: Next Steps
– Big Dog and Red Dog : Next Steps • Complete relevant permitting • Design an RC drill hole programme • Complete first stage drilling and costeaning in early 2021.
Slide 17: QX Resources Limited
QX Resources Limited www.qgxresources.comMm.au