Taruga Minerals Limited · ASX:TAR
Taruga Minerals — Investor Presentation (July 2020)
23 slides from Taruga Minerals's investor presentation, Jul 27, 2020
Slide 1: Investor Presentation July 2020
For personal use only Investor Presentation July 2020
Slide 2: Investment Highlights
For personal use only Investment Highlights High grade Iron-Oxide-Copper-Gold (IOCG)-style projects in the Gawler Craton, South Australia Entered into 12 month option agreement with Strikeline Resources Pty Ltd to purchase 100% of the highly prospective Flinders and Torrens Projects Projects lie at
Slide 3: Corporate Overview
Corporate Overview For personal use only A new copper/gold explorer in South Australia Capitalisation Data(1) Share Price and Volume(1) Share Price A$ 0.038 Max: A$0.35 Basic S/O M 390.53 Market Cap A$M 14.8 Min: Cash(2) A$M 2 A$0.05 Enterprise Value A$M 12.8 Management and Board Thomas Line Chief E
Slide 4: Projects Overview
Projects Overview For personal use only Two highly prospective IOCG projects in Gawler Craton, South Australia (Flinders and Torrens) and exploration in Western Australia • 100% owned EL6362 – 647km2 • 80km North of Port Augusta, SA & 80km from Carrapateena,160km from Olympic Dam with power and rail
Slide 5: Management Overview
Management Overview For personal use only A strong, diversified and qualified team with extensive experience in exploration and capital markets Executive Management • Thomas is an experienced geologist and project manager with 10 years’ experience in mining, exploration and resource development. Tho
Slide 6: Regional Setting: Flinders & Torrens Projects
REGIONAL SETTING Flinders & Torrens Projects For personal use only Gawler Craton – Home to giant IOCG’s • High-grade, IOCG-style mineralisation present at surface over a strike of 15km at Flinders – focused along the Mt Stephen Thrust • Combined surface area of 1,465km2 • Located along the edge of t
Slide 7: Geology: Flinders IOCG-style Project
For personal use only GEOLOGY Flinders IOCG-style Project Surface mineralisation over a strike-length of 15km • The Warrakimbo Ranges are dominated by a series of major thrusts and faults • 8 prospects – Woolshed/Metabase, Main Load, Rambla, Rainy Day, Mt Stephen, Jenkins North & Jenkins South • Min
Slide 8: Geophysics: Flinders IOCG-style Project
For personal use only GEOPHYSICS Flinders IOCG-style Project Strong association of magnetic highs & mineralised breccias • Robust magnetic anomalies defined from reprocessing of governmental data • Anomalies over 15km at Warrakimbo Range – Mt Stephen (south) & Jenkins North (north) • Surface mineral
Slide 9: Flinders: Woolshed/Metabase Prospects
For personal use only FLINDERS Woolshed/Metabase Prospects Coincident high-grade surface mineralisation over 2.5km Surface mineralisation defined over 90m true width and 2.5km strike-length in rock chip and channel sampling programmes – open to north and south Significant results include: • 4m at 4.
Slide 10: Flinders: Woolshed/Metabase Prospects
For personal use only FLINDERS Woolshed/Metabase Prospects Surface mineralisation over 2.5km; Magnetic anomaly over 5km • True strike potential to be determined in the ongoing soil sampling programme (associated with a 5km mag anomaly) • Historic sample collected from breccia ~7km south of Woolshed
Slide 11: Flinders: Main Lode Prospect
For personal use only FLINDERS Main Lode Prospect Exceptional copper grades • Hematite-altered breccia with high-grade copper and cobalt and anomalous silver, gold and LREE • History of artisanal and small-scale copper and iron mining dating back to 1863 • Mined as narrower zones at surface over 150
Slide 12: Flinders: Rainy Day Prospect
For personal use only FLINDERS Rainy Day Prospect Exceptional copper grades • Newly identified Rainy Day Prospect covers a surface area of ~250m x 80m (open to the north and south) • Located 6km to the north & on strike to Main Lode • Hosted in a similar, low magnetic (hematite dominant) breccia whi
Slide 13: Flinders: Rambla Prospect
For personal use only FLINDERS Rambla Prospect Sediment hosted copper; silver credits • Sediment hosted copper mined by artisanal methods in late 1800’s • Lies to the west of the Mount Stephen Thrust and is associated with a >1.8km quartzite alteration feature • Bounded by 2 parallel NNE-SSW strikin
Slide 14: Flinders: Jenkins North & South Prospects
For personal use only FLINDERS Jenkins North & South Prospects Strong support for substantial IOCG-style mineralisation • Broad magnetic anomaly and associated breccias cover at least 6km2 and potentially exceeding 10km2 • Strong magnetic anomalies extend from near-surface to >1km deep at Jenkins No
Slide 15: Torrens Project
For personal use only Torrens Project Increased potential for new mineral finds • 100% owned EL6437 covers 818km2 & adjoins Flinders to the north • Strong magnetic anomalies similar to those associated with surface mineralisation at Flinders identified in the reprocessed data at Torrens – see opposi
Slide 16: Flinders & Torrens Exploration Program
For personal use only FLINDERS & TORRENS Exploration Program High-grade sampling results and geophysical review driving various workstreams • Focused on defining surface IOCG-style mineral systems, near existing infrastructure • High grade copper, gold and silver mineralisation identified at surface
Slide 17: Appendix
For personal use only APPENDIX Appendix
Slide 18: Western Australia
For personal use only WESTERN AUSTRALIA Prospective for nickel, copper, gold and PGE’S • 3 exploration applications in SW Australia – potential for Greenbushes tin-tantalum-lithium & Venture Minerals È70/5029 base metal (Thor and Odin) types of mineralisation • Nickel & copper mineralisation is host
Slide 19: Flinders & Torrens Agreement Terms
For personal use only FLINDERS & TORRENS Agreement Terms Option Agreement to acquire 100% of the Flinders and Torrens Projects • On execution of the terms sheet with Strikeline, Taruga is obligated to pay a cash consideration of A$40,000, with A$15,000 payable within 7 days of signing and A$25,000 p
Slide 20: Flinders Prospect Summary
FLINDERS Prospect Summary For personal use only Multiple surface targets at Flinders Prospect Mineralisation Style Max Assays IOCG-style target with similarities to Olympic Dam and Carrapateena IOCG's. Associated with a Woolshed 18.5% Cu, 4.73 g/t Au, 29g/t Ag 5km Magnetic anomaly which extends beyo
Slide 21: Recent High-Grade Rock Chip Results
FLINDERS Recent High-Grade Rock Chip Results For personal use only High grade copper from 6 prospects Woolshed Rainy Day Sample Easting Northing Elevation Description Cu % Au g/t Ag g/t Fe % V ppm Co ppm LREE g/t HREE g/t Pt+Pd g/t Sample Easting Northing Elevation Description Cu % Au g/t Fe % Ag g/
Slide 22: Competent Person Statement & Disclaimer
Competent Person Statement & Disclaimer The information contained in this presentation has been prepared by Taruga Minerals Limited (Company). For personal use only The information in this report that relates to exploration results is based on, and fairly represents information and supporting docume
Slide 23: Contact
For personal use only Contact Thomas Line Chief Executive Officer Thomas.line@tarugaminerals.com.au +61 8 9486 4036 Website: www.tarugaminerals.com.au LinkedIn: taruga-minerals-limited Twitter: @MineralsTaruga