Sheffield Resources Limited · ASX:SFX
Sheffield Resources — Carawine Resources — IPO Roadshow (November 2017)
19 slides from Sheffield Resources's IPO roadshow presentation, Nov 9, 2017
Slide 1: Carawine Resources Spin-Out and IPO
For personal use only Carawine Resources Spin-Out and IPO A New Australian Gold, Copper and Base Metals Exploration Company ASX:CWX
Slide 2: Compliance, Disclaimer and Cautionary Statements
COMPLIANCE, DISCLAIMER AND CAUTIONARY STATEMENTS Carawine Resources Ltd (“Carawine”, the “Company”) is at the date of these presentation cash flow, costs and financial performance. Forward-looking statements include, but are For personal use only materials and the accompanying verbal presentation (t
Slide 3: Company Overview
Company Overview For personal use only Carawine Resources Limited (“Carawine”) is a spin-out of the gold and base metals assets owned by Sheffield Resources Limited (ASX:SFX) The portfolio contains the drill ready Jamieson gold project in Victoria and base metals projects in WA prospective for c
Slide 4: Experienced and Successful Team
Experienced and Successful Team Corporate lawyer prior to entering the mining industry in 2003. Actively involved in the For personal use only identification and financing of many Australian and African resources projects. Will Burbury Chairman of successful mineral sands company Sheffield Resources
Slide 5: Assets
Assets For personal use only Jamieson Project Au-Cu, Zn-Au-Ag High gold grades at Hill 8001 33m @ 4.31g/t Au from surface 13m @ 10.9g/t Au from surface, incl. 3m @ 38.8g/t Au 23.4m @ 4.56g/t Au from 0.5m 25m @ 4.72g/t Au from 3m, incl. 1m @ 24.0g/t 21m @ 4.04g/t Au from 76m, incl. 1m @ 2
Slide 6: High Value - New Commodities
High Value - New Commodities For personal use only Gold-Copper Focus Investible Precious Metals High-value deposits Gold Proven mineral provinces in Australia New Projects Copper Added value from associated Value Uplift commodities Co, Zn, Ag Through Discovery Delivering Silver Cobalt Succes
Slide 7: Jamieson Project
Jamieson Project For personal use only Gold-Copper (Zinc, Silver) Low-cost 100% earn-in: $190k spend and $200k in shares Historic mining centre in central Victoria Target: Au-rich polymetallic VHMS deposits High grade High value Typically occur in clusters Hill 800 gold prospect Rhyo
Slide 8: Jamieson Project: Hill Gold Prospect
Jamieson Project Hill 800 Gold Prospect – Advanced VHMS Target For personal use only Longitudinal section, note interval widths are down-hole and may not represent true thickness. Source: Sheffield ASX release “Sheffield Farms In To High Grade Jamieson Gold Exploration Project”, 28 June 2017 8
Slide 9: Jamieson Project: Hill Au Prospect
Jamieson Project For personal use only Hill 800 Au Prospect Multiple high-grade gold drill intersections from surface1 33m @ 4.31g/t Au from surface (HEC1) 13m @ 10.9g/t Au from surface (HEC13), including 3m @ 38.8g/t Au from surface 23.4m @ 4.56g/t Au from 0.5m (HED1) 25m @ 4.72g/t Au fro
Slide 10: Jamieson Project: Rhyolite Creek Prospect
Jamieson Project For personal use only Rhyolite Creek Prospect 5km south of Hill 800 Zn-Au-Ag: VHMS seafloor position 1.4m @ 15.6% Zn, 7.4g/t Au, 113g/t Ag from 223m1 Above 59m zone averaging 0.5% Zn Open Au-Cu-Ag: large, low grade, near surface Soil anomalism over 1km area 37m @ 0.4
Slide 11: Rhyolite Creek Zn VHMS Target
Jamieson Project For personal use only Rhyolite Creek Zn VHMS Target Source: Sheffield ASX release “Sheffield Farms In To High Grade Jamieson Gold Exploration Project”, 28 June 2017 11
Slide 12: Oakover Project: Western Star Cu-Co Prospect
Oakover Project For personal use only Western Star Cu-Co Prospect Historic workings and trenches over 500m x 500m High Grade Cu-Co1 (anomalous Ag, Pd, Pt) Historic production 179t @ 20% Cu2 Analogous to Kennecott carbonate-hosted deposits Geophysics to define drill targets, then drill Cu C
Slide 13: Oakover-Paterson Projects
Oakover-Paterson Projects For personal use only Large projects in an established mineral province Oakover Cu-Co Western Star Cu-Co Prospect Carbonate and red-bed hosts Large, granted tenement holding Paterson Au-Cu, Cu-Co Telfer style Au-Cu targets Nifty style Cu-Co targets Emergin
Slide 14: Fraser Range JV Ni-Cu-Co
Fraser Range JV Ni-Cu-Co For personal use only Independence Group 51%, Earning 70% with $5m Spend 653km2 tenement holding in the Fraser Range Ni-Cu-Co Region Systematic, district-wide search for Nova-Bollinger analogues IGO active, motivated explorer Carawine retains significant exposure to
Slide 15: Capital Structure and Raising
Capital Structure and Raising For personal use only Carawine is seeking to raise a minimum of A$5 million (and up to a maximum of A$7 million) through the issue of 25 million ordinary fully paid shares at an issue price of 20c per share (and up to 35 million) As part of the in-specie distributio
Slide 16: Indicative Timetable
Indicative Timetable For personal use only Event Timing 2017 Prospectus lodged with ASIC & ASX Wed 1 November Offer Opens Thurs 9 November Sheffield AGM Wed 22 November Offer Closes Fri 24 November Record date for Distribution to Sheffield Shareholders Thurs 30 November Issue of Securities under the
Slide 17: Summary
Summary For personal use only Q4 17 Q1 Q2 Q3 Q4 CWX Listing Hill800 Drilling Commences Hill800 Results Western Star Drilling Western Star IP Jamieson Geophysics Loyalty Options Vest Jamieson Drilling Phase 2 A new Australian gold, copper and base metals explorer with drill ready targets Experien
Slide 18: For further details, please contact
For further details, please contact: David Boyd Office: +61 8 6555 8777 Mobile: +61 419 346 497 Email: dboyd@carawine.com.au For personal use only Web: www.carawine.com.au
Slide 19: Additional Information
Additional Information For personal use only Offer Details Minimum Subscription Maximum Subscription Offer Price per Share $0.20 $0.20 Shares currently on issue 20,000,000 20,000,000 Shares to be issued under the Offer 25,000,000 35,000,000 Gross proceeds of the Offer $5,000,000 $7,000,000 Market Ca