Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Merger or Acquisition (February 2010)
19 slides from Lodestar Minerals's merger presentation, Feb 26, 2010
Slide 1: ASX Release cover letter – Peak Hill Acquisition
Lodestar Minerals Limited ABN 31 127 026 528 Registered office Postal address Level 2 PO Box 985 45 Stirling Highway Nedlands WA 6909 Nedlands WA 6009 Tel: +61 8 9423 3280 Website Fax: +61 8 9389 8327 www.lodestarminerals.com.au For personal use only 26 February 2010 ASX Release Electronic lodgement
Slide 2: ASX Release cover letter – Peak Hill Acquisition
Lodestar Minerals Limited ABN 31 127 026 528 Registered office Postal address Level 2 PO Box 985 45 Stirling Highway Nedlands WA 6909 Nedlands WA 6009 Tel: +61 8 9423 3280 Website Fax: +61 8 9389 8327 www.lodestarminerals.com.au For personal use only 26 February 2010 ASX Release Electronic lodgement
Slide 3: Peak Hill – Doolgunna Project Acquisition
For personal use only PEAK HILL – DOOLGUNNA PROJECT ACQUISITION EXPLORATION POTENTIAL IN AN EMERGING MULTI- COMMODITY PROVINCE Bill Clayton Managing Director
Slide 4: Disclaimer
For personal use only DISCLAIMER Forward Looking Statements Forward Looking Statements: This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Lodestar Minerals’ exploration program and other statements that are not his
Slide 5: Lodestar - Background
For personal use only LODESTAR - Background Listed on the ASX December 2007 – Nickel Explorer 50M shares on issue, $2M cash Management team with successful record in exploration, development and operations Acquired 2000km land holding in the Peak Hill – Doolgunna region for 15M shares and $120,
Slide 6: Management Profiles
MANAGEMENT PROFILES Bill Clayton, Managing Director For personal use only Geologist, 25 years Exploration, Evaluation and Mining Experience (Outokumpu and LionOre) Rhod Grivas, Non-Executive Chairman Geologist, 20 years experience Exploration, Evaluation and Management of public companies (inclu
Slide 7: Peak Hill – Doolgunna Highlights
Peak Hill – Doolgunna HIGHLIGHTS 2,000km2 land holding in a major For personal use only metallogenic province Targeting Au, Cu and U on Lodestar’s tenure with gold and base metal endowment Under explored - DeGrussa discovery and Horseshoe Lights VMS indicate the province needs a modern focus Su
Slide 8: Market Capitalisation – Market Cap Growth of Neighbours
For personal use only Market Capitalisation $M 90 180 270 360 450 0 1/3/09 1/4/09 1/5/09 1/6/09 1/7/09 1/8/09 1/9/09 1/10/09 1/11/09 1/12/09 1/1/10 1/2/10 Market Cap Growth – Neighbours SRI ALY SFR TLM CYS
Slide 9: Capital Structure
CAPITAL STRUCTURE Pre Acquisition Post Acquisition For personal use only SHARES – 50 million fully paid SHARES – 65 million fully (LSR) paid Unlisted Options – 6.0 million Unlisted Options – 6.0 million 12 month share priced range Top 20 Shareholders 0.02 – 0.10 48% Market Capitalisation - $4.0M Sha
Slide 10: Capricorn Orogen – Neighbours
CAPRICORN OROGEN – Neighbours For personal use only Aeromagnetic data Copyright Geoscience Australia (2009) PEAK HILL – DOOLGUNNA PROJECT– (CAPRICORN OROGEN) North Murchison Goldfield
Slide 11: Geology
For personal use only GEOLOGY Project area spans wide range of prospective geological environments Archaean “basement” & greenstone inliers – gold Proterozoic metamorphics – Peak Hill Schist – gold Proterozoic tectonic domains – copper – gold Proterozoic MVT & stratabound Zn, Pb Cainozoic
Slide 12: Endowment
ENDOWMENT MAJOR MINERAL DEPOSITS SPANNING A RANGE OF GEOLOGICAL For personal use only ENVIRONMENTS AND AGES Archaean Gold Plutonic, Marymia +8M oz Proterozoic Gold Peak Hill, Jubilee, Harmony, Labouchere +2M oz 1 Billion years Proterozoic VMS Cu-Au Horseshoe Lights, DeGrussa/Conductor 1 (4-10Mt depo
Slide 13: Recent Activity - Timeline
RECENT ACTIVITY - Timeline May 2009 – Sandfire Resources announces the For personal use only discovery of DeGrussa July 2009 – Sipa Resources announces farm-in agreement on Thaduna tenements (940 sq km) November 2009 – PacMag Metals announces joint venture with Dominion to explore the Northling C
Slide 14: Exploration Review – Western Block Gold-Copper
EXPLORATION REVIEW Western Block – Between Plutonic and Peak Hill Gold - Copper Gold in soil anomalies to 80ppb For personal use only Targeted by widely spaced RAB av. spacing 200m x 1500m Previous explorers include Troy, WMC, GCM Major structures identified Transported cover and narrow disper
Slide 15: Exploration Review – Western Block Uranium
EXPLORATION REVIEW Western Block - Uranium Untested U anomalies, palaeocha For personal use only nnel? Coincident mapped calcrete – secondary U enrichment Up to 3km strike South of Rio Tinto’s Three Rivers prospect, up to 360ppm U in rotary drilling Radiometric data Copyright Geoscience Austral
Slide 16: Exploration Review – Ned's Creek Block Copper
EXPLORATION REVIEW Ned’s Creek Block - Copper Stratabound Cu –Little Well South For personal use only RAB drilling returned 4m at 0.81% Cu Structural Cu – McDonald Well up to 4100ppm Cu in siliceous breccia no drilling since 1970’s no geophysics K42 prospect – large magnetic anomaly 6km l
Slide 17: Exploration Review – Marymia Block Gold, Copper
EXPLORATION REVIEW Marymia Block – Gold, Copper RESOLUTE (1990’s) For personal use only Unresolved gold in stream samples to 164ppb Soil sampling reported contiguous gold to 4ppb Associated with NNW – trending structure ASTRO (1990’s) diamond exploration Multiple holes drilled on discrete magnet
Slide 18: Conclusion
CONCLUSION Peak Hill – Doolgunna Project For personal use only Growing regional endowment in gold, copper, lead, zinc and manganese identifies the Capricorn Orogen as a major mineral province Large tenement holding in an exploration “hotspot’, continuing news flow and investor interest Immediat
Slide 19: Lodestar Minerals Limited contact details
For personal use only LODESTAR MINERALS LIMITED Level 2, 45 Stirling Highway NEDLANDS WA 6009 Bill Clayton T: 08 9423 3281 M: 0448 573 685
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