Duketon Mining Ltd · ASX:DKM
Duketon Mining — Investor Presentation (August 2014)
19 slides from Duketon Mining's investor presentation, Aug 4, 2014
Slide 1: Growing Nickel Resources in WA
For personal use only Investor Presentation ‘Growing Nickel Resources in WA’ Investor Presentation June 2014 Stuart Fogarty, Managing Director August 2014 www.duketonmining.com.au
Slide 2: Duketon Mining Ltd
DUKETON MINING LTD For personal use only Nickel resource inventory with significant potential to grow – RIGHT COMMODITY Enterprise Value of $6.0 million* – LOW ENTRY PRICE / SIGNIFICANT UPSIDE Cash (+ liquids) balance of $10.5 million following successful $7.0 million IPO – WELL FUNDED Manag
Slide 3: The Duketon Project (100%)
THE DUKETON PROJECT (100%) For personal use only Rox Resources Ltd MC = $37m Regis Resources Ltd MC = $858m Duketon Mining MC = $16.5m EV = $6.0m Gold Road Resources MC = $154m Poseidon Nickel Ltd MC = $110m Note: All company data as at 1 August 2014 3.
Slide 4: Tenements Intercalated with RRL
TENEMENTS INTERCALATED WITH RRL DUKETON MINING LIMITED REGIS RESOURCES LIMITED For personal use only 4.
Slide 5: The Bulge Ultramafic Complex
THE BULGE ULTRAMAFIC COMPLEX For personal use only Mining Lease (ML) granted Craton size feature Limited exploration outside resource areas Ni Discovered mid 2000s 2006 at C2 2009 at Rosie Less than 15% of prospective contact explored Rosie Ni Resource in 2012 33kt of Ni metal 8kt of
Slide 6: The Bulge Potential
THE BULGE POTENTIAL For personal use only Limited exploration outside of current resource areas Possible new nickel camp C2 + Rosie + untested potential Drilling planned after listing on ASX, testing potential new areas and open mineralisation 6.
Slide 7: The Bulge Ultramafic Complex
THE BULGE ULTRAMAFIC COMPLEX For personal use only Bulge Ultramafic Complex Perseverance Ultramafic Complex 7.
Slide 8: Rosie Nickel Longsection
ROSIE NICKEL LONGSECTION For personal use only 8.
Slide 9: Rosie - Grade is King!
ROSIE - GRADE IS KING! For personal use only “We are no longer determining if this area has the potential for high grade sulphides we are trying to determine how much we have” 5.2 metres @ 9.14% Nickel, 1.09% Copper, 7.14g/t PGE * Yellow writing = Niton results 9.
Slide 10: C2 Nickel Mineralisation
C2 NICKEL MINERALISATION For personal use only 700m long and open along strike and down dip +3% Ni intersection, entrained sulphides = potential for massive sulphide position Resource estimation 2011 Mix of RC and DD holes define the mineralisation 10.
Slide 11: Terminator Gold Prospect
TERMINATOR GOLD PROSPECT For personal use only Initial drilling in Sept 2009 by STB although RAB drilling in 1990’s +800m of strike length and open in both directions Rosie Ni Regional scale fault jog along Mafic – Ultramafic Contact 11.
Slide 12: Terminator Gold Longsection
TERMINATOR GOLD LONGSECTION For personal use only 12.
Slide 13: Thompson Bore Gold Prospect
THOMPSON BORE GOLD PROSPECT For personal use only Identified through lag sampling (geochem) Anomalous over 700m strike So far mineralisation intercepted in the oxide and transitional zones 13.
Slide 14: Objectives
OBJECTIVES For personal use only 1. Add lateral extension to Rosie high grade (extensional drilling) Grow high grade nickel inventory Add Ni Tonnes per vertical meter 2. Expand Terminator gold project (extensional drilling) Add gold ounces per vertical meter Co-development opportunity with R
Slide 15: Corporate Structure
CORPORATE STRUCTURE For personal use only Duketon Mining Limited (ASX: DKM) Shareholders Shares on Issue 82.5m Number of Shareholders 1,098 Options on Issue1 33.7m Board and Management 11% Market Cap. (@ 20 cents per share2) $16.5m Top 20 46.5% Cash + Listed Investments $10.5m Enterprise Value $6.0m
Slide 16: Contact Details
CONTACT DETAILS For personal use only Duketon Mining Ltd. Head Office Phone +61 8 6315 1490 Ground Floor, 31 Ventnor Fax +61 8 9486 7093 Avenue, West Perth Web: www.duketonmining.com.au Western Australia 6005 16.
Slide 17: Appendix 1. JORC Resource
Appendix 1. JORC Resource For personal use only Rosie Nickel Resource >1.0%Ni - September 2012 Classification Oxidation Tonnes Ni (%) Ni (t) Fresh 1,380,000 1.7 23,700 Indicated Transitional 30,000 1.2 400 Sub-Total 1,410,000 1.7 24,100 Fresh 520,000 1.6 8,400 Inferred Transitional 10,000 1.3 200 Su
Slide 18: Appendix 2. C2 Cross Section
Appendix 2. C2 Cross Section For personal use only Three well developed lenses Open at depth Entrained sulphides 18.
Slide 19: Disclaimer
Disclaimer For personal use only Disclaimer: This presentation has been prepared by Duketon Mining Limited(“Duketon”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties an