Redstone Resources Limited · ASX:RDS
Redstone Resources — Investor Presentation (June 2011)
23 slides from Redstone Resources's investor presentation, Jun 27, 2011
Slide 1: Investor Presentation June 2011
REDSTONE RESOURCES 27 June 2011 For personal use only Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000 Electronic Lodgement Investor Presentation June 2011 Redstone Resources Minerals Limited (Redstone) (ASX: RDS) is pleased to release its latest presen
Slide 2: Tollu Project
Redstone Resources Limited Tollu Project For personal use only Massive Hydrothermal Copper Sulphide and potential Nickel-Copper Magmatic Sulphide Mineralisation Investor Presentation 27 June 2011 ASX: RDS
Slide 3: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Redstone Resources Ltd (Redstone) for the sole purpose of providing financial, operational and other information to enable recipients to review the business activities of Redstone. This presentation is not intended as an offer,
Slide 4: Executive Summary
Executive Summary Redstone’s Major Discovery at Tollu For personal use only • The Tollu Project is a large hydrothermal Cu-rich mineralised system which is interpreted as a distal part of a giant, Voisey’s Bay style magmatic Cu-Ni-(Co) system. • Key indicators of a Voisey’s Bay style, mafic primary
Slide 5: Company Overview – Capital Structure
Company Overview For personal use only Capital Structure Issued shares (ASX:RDS) 129,969,390 Unlisted Options 17,416,668 Share Price (27 June 2011) $0.20 Market Capitalisation $24.8m Net Cash (27 June 2011) $3.8m 4
Slide 6: Board of Directors And Key Management
Board of Directors And Key Management Richard Homsany Dr. Orestes Santos For personal use only Chairman Exploration Manager Corporate and commercial lawyer with Geologist with extensive networks from 40 considerable experience with public listed years experience in South America. World resource comp
Slide 7: Redstone Projects Overview – Australia
Redstone Projects Overview – Australia Location of Redstone W.A. Projects • Tollu For personal use only Cu and Ni-Cu • Blackstone Range PGE (Ni-Cu) • Baggaley Hills PGE (Ni-Cu), IOCG 6
Slide 8: Redstone's West Musgrave Tenements
Redstone’s West Musgrave Tenements For personal use only 7
Slide 9: West Musgrave Region – Background
West Musgrave Region – Background For personal use only • One of the least explored areas in Australia. • Nine tenements covering 2,200 km2. • Geological setting to potentially host world-class Voisey’s Bay Ni-Cu-(Co) type deposits. • Modern exploration techniques and modelling had never been applie
Slide 10: Tollu Project: Massive Hydrothermal Copper Sulphides
TOLLU PROJECT: For personal use only MASSIVE HYDROTHERMAL COPPER SULPHIDES Potential world-class Ni-Cu deposit The Tollu Project is a large hydrothermal Cu-rich mineralised system which is interpreted as a distal part of a giant magmatic Ni-Cu system. 9 9
Slide 11: Tollu Geological Setting
Tollu Geological Setting For personal use only Dilation system (in blue) between two large shears (black) generated during the Petermann Dacite Orogen (~600 Ma). The Dilation system and shears present extensive exposed Cu malachite, tenorite and azurite Giles mineralisation. Gabbro Pyro clastic Gran
Slide 12: 2010 Exploration – Discovery
2010 Exploration – Discovery For personal use only Two RC Drill programs were conducted in 2010. April – May The first RC drill program resulted in the discovery of the Central Zone with three very significant copper-sulphide intersections, TLC-012, TLC-015, TLC-018. November – December The second R
Slide 13: 2010 Central Zone Results
2010 Central Zone Results For personal use only First RC Drill Program Discovery Holes 14m @ 3.5% Cu from 126m TLC-012 and 3m @ 0.14% Co from 130m including 4m @ 6.2% Cu from 127m 18m @ 2.7% Cu from 180m TLC-015 including 11m @ 3.7% Cu from 180m TLC-018 17m @ 2.2% Cu from 144m Second RC Drill Progra
Slide 14: Tollu Section View - 7108600 North
Tollu Section View - 7108600 North For personal use only 13
Slide 15: Tollu Section View - 7108550 North
Tollu Section View - 7108550 North For personal use only 14
Slide 16: Nov-Dec 2010 Outcomes – Central Zone
Nov-Dec 2010 Outcomes – Central Zone For personal use only The outcomes from the Nov-Dec drilling are: • This program extended copper sulphide mineralisation at the Central Zone to over 200m strike length and to a depth of 253m. • The mineralisation remains open along strike to the Southeast. • The
Slide 17: Nov-Dec 2010 Results – Eastern Zone
Nov-Dec 2010 Results – Eastern Zone For personal use only TLC-042 is the first hole to test the major 9km Tollu North- South shear at depth. • TLC-042 was located to test the EM/IP anomalies located on the major shear. Shallow drilling had previously been conducted over this area in 2008 and identif
Slide 18: Nov-Dec 2010 Outcomes – Eastern Zone
Nov-Dec 2010 Outcomes – Eastern Zone For personal use only The TLC-042 intersection is significant for several reasons: • The drill hole ended in high grade copper sulphide mineralisation. • It has established that the Tollu Shear hosts sulphide mineralisation at depth. The size of this structure me
Slide 19: Tollu: The Nickel Connection
Tollu: The Nickel Connection • The Tollu Cu sulphide (chalcopyrite) rich For personal use only swarm of hydrothermal veins is interpreted as being derived from a large magmatic, Cu-Ni, or Ni-Cu, ore body(ies) at depth. • The discovered sulphide mineralisation is almost entirely Cu. Further the only
Slide 20: Tollu: Target Hydrothermal Copper sulphide
Tollu: Target 1 Hydrothermal Copper sulphide For personal use only Hydrothermal Copper sulphide is interpreted as having been remobilised from a primary magmatic copper-nickel-(cobalt) sulphide source. • The drilling to date is showing this hydrothermal mineralisation to be more extensive than origi
Slide 21: Tollu: Target Magmatic Cu-Ni-(Co) sulphide
Tollu: Target 2 Magmatic Cu-Ni-(Co) sulphide For personal use only Magmatic Cu-Ni-(Co) sulphide is the main target style of mineralisation which is interpreted to be the primary source of the hydrothermal mineralisation at Tollu. • The extent and volume of the remobilised copper sulphide mineralisat
Slide 22: Conceptual Model of Tollu Target Mineralisations
Conceptual Model of Tollu Target Mineralisations For personal use only Hydrothermal Copper sulphide is interpreted as having been remobilised from a primary magmatic copper-nickel-(cobalt) sulphide source. Magmatic Cu-Ni-(Co) sulphide is the main target style of mineralisation which is interpreted t
Slide 23: Drilling Program Objectives – Tollu 2011
Drilling Program Objectives – Tollu 2011 Redstone’s third drilling program at Tollu will comprise For personal use only 5,000+ metres of RC drilling in the third quarter of 2011: • to extend the depth and strike of hydrothermal Cu sulphide mineralisation at the Central Zone. • to confirm the signifi
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