Athena Resources Limited · ASX:AHN

Athena Resources — Investor Presentation (July 2014)

21 slides from Athena Resources's investor presentation, Jul 22, 2014

  1. Slide 1: Hematite and Magnetite Iron Ore

    NIGKEL HEMATITE AND MAGNETITE IRON ORE

  2. Slide 2: Presentation Disclosures

    Presentation Disclosures For personal use only – This presentation is provided for the sole purpose of providing preliminary technical, financial and other background information to enable you to review the business activities of Athena Resources Limited (“Athena”). – The material provided does not

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot For personal use only Ordinary Shares 123.0M Board of Directors Unlisted Options @ 6c 4M Mr David Webster Non Exec Chairman Market Capitalisation $ 3.9M Involved in extensive Chinese Investments into Agriculture and associated infrastructure in Share Price @ 21 July 2014 3.2c Aust

  4. Slide 4: Regional Project Locations

    REGIONAL PROJECT LOCATIONS Containing High Quality JORC Resources and Exploration Targets ● Ni-Cu-PGE ● DSO Hematite ● Magnetite ● Beneficiable Hematite For personal use only 18

  5. Slide 5: Key Areas of Mineralisation Within 2500km2 Tenements

    Key Areas of Mineralisation Within For personal use only 2500km2 Tenements • Multiple Exploration Areas • Various stages of target development • 4 Nickel and Copper ore body PGE Sites development • 5 DSO Hematite Sites • 9 Beneficiable Hematite Sites • 11 High grade Magnetite Sites Some combination

  6. Slide 6: Milly Milly Intrusion Nickel-Copper-PGE Project

    MILLY MILLY INTRUSION For personal use only Nickel – Copper – PGE Project  Large volumes fertile primary magma containing disseminated Ni sulphide at elevated levels above 0.3%Ni  Confirmed phases of flow with suitable geochemistry.  Developed exploration model based on similar occurrences BEST R

  7. Slide 7: Significant Regional Context: Athena Drilling Results

    SIGNIFICANT REGIONAL CONTEXT For personal use only Athena Drilling Results Nova Bollinger Discovery made Best Nickel with the Assistance of Elevated nickel sulphide in multi Surface sampling, EM, Gravity sulphide assemblage. and Drilling 22.7m @ 0.301% Ni from 232.3m Sirius Resources’ (SIR) Nova Inc

  8. Slide 8: Compelling Ni Cu Targets

    Compelling Ni Cu Targets For personal use only Mid-time IP data Target Sites Located at Multiple Overlapping Anomalies (green dots) • Soil Ni assay anomaly • Proximal to >1.0% Ni shallow drilling • TEM anomaly • Structural dilation zone • VTEM • Local high magnetic amplitude • IP anomaly INFLATIONAR

  9. Slide 9: Magnetite and Hematite Iron Ore Project: Metallurgy and Processing

    For personal use only Magnetite and Hematite Iron Ore Project Metallurgy and Processing 23

  10. Slide 10: Direct Shipping Quality (DSO) Hematite

    1. DIRECT SHIPPING QUALITY (DSO) - HEMATITE ExplorationTarget1 ASSAY AND MAPPING RESULTS For personal use only Tabaroa South Highest Surface Assay 58.56% Fe ~1000m L* 30m W * 50m D * 3.5SG Think Big North Highest Surface Assay 58.57% Fe ~500m L* 40m W* 30m D* 3.5SG Heppenstall Highest Surface Assay

  11. Slide 11: Mt Narryer Exploration Potential Estimates

    Mt Narryer Exploration Potential Estimates For personal use only Exploration targets where drilling has not been sufficient to assess LENGTH WIDTH DEPTH, SG Tonnes volume in accordance with JORC 700m + 1500m 35m +/-10m 150m 3.5 40,425,000 Standards are not to be relied upon and do not constitute a r

  12. Slide 12: Total High Amplitude Magnetite Resource and Exploration Target

    2. TOTAL HIGH AMPLITUDE MAGNETITE RESOURCE AND ESTIMATED EXPLORATION TARGET1 For personal use only Prospect ExplorationTarget1(tonnes) Resource Tonnes FE1 INFERRED RESOURCE 7,560,000 22,000,000 at 0 cut off Byro North Region Target Estimate 60,636,500 Byro Deeps Target Estimate 29,970,000 Byro South

  13. Slide 13: Athena Resources Limited

    ATHENA RESOURCES LIMITED For personal use only 27

  14. Slide 14: Contact Details

    For personal use only Contact Details ASX : AHN www.athenaresources.com.au email Ed Edwards. EE@athenaresources.com.au Liam Kelly. Liam Kelly@athenaresources.com.au 24 Colin Street West Perth  Western Australia 6005 PO Box 1970 West Perth  Western Australia 6872 Ph 08 9222 5888 Fx 08 9222 5810

  15. Slide 15: JORC Code 2012 Table 1 Sampling Techniques and Data

    Athena Presentation July 2014 JORC Code, 2012 Edition – Table 1 report template Section 1 Sampling Techniques and Data For personal use only (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling  Nature and quality of sampling (eg cut  Rock

  16. Slide 16: Athena Presentation July 2014

    Athena Presentation Athena Presentation July 2014 July 2014 For personal use only

  17. Slide 17: Athena Presentation July 2014

    Athena Presentation Athena Presentation July 2014 July 2014 For personal use only

  18. Slide 18: Athena Presentation July 2014

    Athena Presentation Athena Presentation July 2014 July 2014 For personal use only

  19. Slide 19: Athena Presentation July 2014

    Athena Presentation Athena Presentation July 2014 July 2014 For personal use only

  20. Slide 20: Athena Presentation July 2014

    Athena Presentation Athena Presentation July 2014 July 2014 For personal use only

  21. Slide 21: Athena Presentation July 2014

    Athena Presentation Athena Presentation July 2014 July 2014 For personal use only

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