Renascor Resources Ltd · ASX:RNU
Renascor Resources — SA Exploration and Mining Conference 2014
24 slides from Renascor Resources's conference presentation, Dec 5, 2014
Slide 1: The Eastern Eyre Copper Project
Renascor Resources Limited ASX code: RNU For personal use only The Eastern Eyre Copper Project Presented at the SA Exploration and Mining Conference Adelaide, 5 December 2014 David Christensen, Managing Director Renascor Resources 1
Slide 2: Eastern Eyre project
Eastern Eyre project For personal use only New Copper System in Olympic Dam Belt (SA) - High-grade mineralised system at 1050 East (first target drilled) • 13m at 1.45% Cu, 66 ppm Ag and 0.17% Co (from 215m), including massive sulphide zone of 8m @ 2.2% Cu, 92 ppm Ag and 0.26% Co - Potential IOCG mi
Slide 3: Olympic Dam Belt: Major copper province
Olympic Dam Belt Major copper province For personal use only Prominent Hill 210 Mt @ 1.22% Cu from ~100m depth, discovered 2001 Olympic Dam 9,500 Mt @ 0.82% Cu from ~300m depth, discovered 1975 Carrapateena/Khamsin 1,000 Mt @ 0.80% Cu from ~500m depth, discovered 2005 Hillside 330 Mt @ 0.6 % Cu from
Slide 4: Untapped potential
Eastern Eyre Project Untapped potential For personal use only Historical exploration reveals potential - 1960s to 1980s exploration focused on near- surface geochemical targeting - Widespread near-surface copper Eastern Eyre Project (image right), showing historical drilling (<60m in blue; ≥60m in r
Slide 5: Untapped potential
Eastern Eyre Project Untapped potential For personal use only Historical exploration reveals potential - 1960s to 1980s exploration focused on near- surface geochemical targeting - Widespread near-surface copper Limited basement drilling - Ore-grade/near ore-grade copper - WMC’s Spencer prospect: ex
Slide 6: Untapped potential
Eastern Eyre Project Untapped potential For personal use only Historical exploration reveals potential - 1960s to 1980s exploration focused on near- surface geochemical targeting - Widespread near-surface copper Limited basement drilling - Ore-grade/near ore-grade copper - WMC’s Spencer prospect: ex
Slide 7: Compared to other large Cu deposits in region
Eastern Eyre Project Compared to other large Cu deposits in region For personal use only Renascor’s Eastern Eyre Large copper deposits in South Australia Project Location: Olympic Dam corridor ✔ Geology: Host rock associated with Hiltaba granites ✔ Geologic Geology: Gawler Range Volcanics ✔ signatur
Slide 8: 1050 East Geology
1050 East Geology For personal use only 1050 East discovery Tank Hill Red Rock fault volcanic centre in classic (concealed) volcanogenic setting - New mines department Roopena mapping study identifies fault zone Freshwell Angle Dam volcanic fault splays sequence (shown in red) - Volcanism controlled
Slide 9: 1050 East: EEDD012 massive sulphides
1050 East EEDD012 - massive sulphides For personal use only Host rock associated with Hiltaba/GRV Moonabie formation Olympic Dam age Portion of 3m @ 4.0% Cu, 164 ppm Ag and 0.42% Co Hole EEDD012 – portion of massive sulphide interval from 217.5 metres to 221.5 metres Renascor Resources 9
Slide 10: 1050 East Drill results
1050 East Drill results For personal use only High-grade copper in first prospect Freshwell Cu/ Pb anomaly drilled Hole locations from recent drilling (assays - Massive sulphides pending) - Cu+Co+Ag - Situated in southern portion of NNE Freshwell fault splays 47m @ 0.59% Cu, 55 ppm Ag - Large target
Slide 11: Extension Tank: Standout gravity anomaly
Extension Tank Standout gravity anomaly For personal use only - High amplitude (6MGal) gravity anomaly - Discreet gravity signature within Roopena fault zone - Coincident magnetic response in southern target area - Limited shallow drilling over magnetised portion has not explained anomaly Extension
Slide 12: Extension Tank: Standout gravity anomaly
Extension Tank Standout gravity anomaly For personal use only - High amplitude (6MGal) gravity anomaly - Discreet gravity signature within Roopena fault zone - Coincident magnetic response in southern target area - Limited shallow drilling over magnetised portion has not explained anomaly Extension
Slide 13: Extension Tank Recent drill results
Extension Tank Recent drill results For personal use only Visible chalcopyrite and hematite alteration - Hole RC001: sulphide mineralisation, including chalcopyrite over 8 metres (from 64 metres) - Hole RC002: hematite alteration from 120 metres to end-of-hole IOCG potential Hole 14RETRC001. Sample
Slide 14: Extension Tank High-density targets zones
Extension Tank High-density targets zones For personal use only Anomaly remains open - Historical holes missed gravity zone - Renascor holes tested only upper portion of high-density zones Ample opportunity to locate hematite dominant IOCG Extension Tank. Three-dimensional view showing draped gravit
Slide 15: Extension Tank: Comparison to other hematite IOCGs
Extension Tank Comparison to other hematite IOCGs For personal use only Khamsin deposit* - Early results: initial gravity targets intersect IOCG alteration with low-level (<0.2%) copper - Led to nearby discovery hole within gravity anomaly Extension Tank - Early results: initial gravity targets inte
Slide 16: Target pipeline
Eastern Eyre Project Target pipeline For personal use only Additional high-priority copper targets for 2015 - Roopena-Angle Dam fault -- +40km, limited exploration - On-going reconnaissance programs have upgraded multiple gravity/magnetic targets - Final approvals being sought for drilling in 2015 P
Slide 17: Northern fault targets
Eastern Eyre Project Northern fault targets For personal use only Laura Ozone/Laura - Coincident gravity/magnetic targets - Along-strike from Extension Tank and Spencer - Structural setting comparable to WMC’s historic Spencer IOCG prospect, but with stronger Ozone geophysical response - Limited pre
Slide 18: Northern fault targets
Eastern Eyre Project Northern fault targets For personal use only Laura Ozone/Laura - Coincident gravity/magnetic targets - Along-strike from Extension Tank and Spencer - Structural setting comparable to WMC’s historic Spencer IOCG prospect, but with stronger Ozone geophysical response - Limited pre
Slide 19: Highway prospect
Eastern Eyre Project Highway prospect For personal use only Coincident gravity/ geochemical target - Northwest of 1050 East along regional fault trend - Immediately northeast of Arrium’s Iron Knob iron mine - High amplitude (3MGal), 2km gravity target - Anomalous copper (+50 ppm) from soils over gra
Slide 20: Highway prospect
Eastern Eyre Project Highway prospect For personal use only Coincident gravity/ geochemical target - Northwest of 1050 East along regional fault trend - Immediately northeast of Arrium’s Iron Knob iron mine - High amplitude (3MGal), 2km gravity target - Anomalous copper (+50 ppm) from soils over gra
Slide 21: Southern fault trend
Eastern Eyre Project Southern fault trend Untested For personal use only geophysical targets - Multiple prospects identified within fault trend along- strike from Extension Tank/1050 East - Limited/no drilling - Cocoa Dam: magnetic anomaly along Angle Dam fault trend - McMahons: coincident gravity/m
Slide 22: Southern fault trend
Eastern Eyre Project Southern fault trend Untested For personal use only geophysical targets - Multiple prospects identified within fault trend along- strike from Extension Tank/1050 East - Limited/no drilling - Cocoa Dam: magnetic anomaly along Angle Dam fault trend - McMahons: coincident gravity/m
Slide 23: Summary
Summary For personal use only New copper system - Extension Tank (IOCG) and 1050 East (massive sulphides) - Olympic Dam copper belt - Management successful in target region - Assays pending from recent drilling Pipeline of new, untested targets, Strong news flow from active drilling through 2015 Ren
Slide 24: Important notice
Important notice For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reason
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