Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Noosa Mining and Exploration Company Conference 2011
22 slides from Liontown's conference presentation, Jul 13, 2011
Slide 1: Ready to Roar in 2011
READY TO ROAR IN 2011… For personal use only ~10,000m drilling commencing August/September Gold + silver targets in North Queensland Advanced gold targets in Tanzania, East Africa Noosa Mining and Exploration Company Conference 14 – 15th July 2011
Slide 2: Disclaimer
Disclaimer For personal use only Disclaimer The material used in this presentation is intended to be a summary of operational and geological activities that are current and proposed, based on the information available to Liontown Resources Limited as at 8TH July 2011. This presentation may contain v
Slide 3: Company Overview
Company Overview Diversified explorer – North Queensland and East Africa For personal use only ~10,000m drilling planned for H2 2011 Panhandle Project (North Queensland): Significant silver and gold anomalies Virtually no previous drilling Jubilee Reef JV (North Tanzania): Lake Victori
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only ASX Code LTR Shares on Issue ~211 million Market Capitalisation ~$10 million (at 5c) Exploration Portfolio >5,000km2 Major Shareholder Tim Goyder (28%) Top 50 Shareholders >80% Well positioned for growth through the discovery of a world class deposit Acti
Slide 5: Well Credentialed Board and Management
Well Credentialed Board and Management TIM GOYDER: Executive Chairman For personal use only Over 30 years‟ experience in the resource industry. Involved in the formation and management of a number of publicly listed companies and currently also a director of Chalice Gold Mines and Uranium Equities.
Slide 6: North Queensland: World-class precious/base metal province
North Queensland: World-class precious/base metal province For personal use only Key Assets Panhandle Project Wholly owned >1,200km2 >$500,000 budget High grade silver and gold Mt Windsor JV Ramelius can earn 60% by spending $7M in 4 years >3,500km2 Expenditure to date ~$2.0M 2011 bu
Slide 7: Panhandle Project
Panhandle Project Panhandle Project (100%) For personal use only ~1,260km2 landholding - established gold and emerging silver province Strategic location near Conquest‟s Mt Carlton gold/silver deposit Extensive silver anomalism defined by historic stream sampling for gold and base metals Lim
Slide 8: Panhandle: Historic stream sampling
Panhandle: Historic stream sampling For personal use only Two large silver anomalies defined Size and amplitude compare favourably with Mt Carlton response Mt Carlton Drill ready targets at Powerline Silver Trend and Quartz Ridge Epithermal Gold Prospect Target definition ongoing Quartz Ridg
Slide 9: Panhandle: Powerline Silver Trend
Panhandle: Powerline Silver Trend For personal use only 7.5km long silver-in-soil anomaly open along strike Infill soil sampling Limited rock chip sampling recorded Completed >250ppb Ag in soil multiple +50g/t silver values with Assays pending >500ppb Ag in soil associated gold, lead and other p
Slide 10: Panhandle: Quartz Ridge
Panhandle: Quartz Ridge For personal use only Pajingo-style target (epithermal vein) Beta Zone – 150m NE trending “float train” with multiple gold values of +5g/t and silver values of +50g/t Barren BarrenVeins Veins Beta Zone “Leakage” indicating target zone at depth IP survey has confirmed
Slide 11: Panhandle: 2011 Work Program
Panhandle: 2011 Work Program For personal use only Phase 1 (June/July) 800x100m Soils Soil Sampling 800 x 100m (Regional) Quartz Ridge 200 x 100m (Powerline) 200 x 100m (Follow up) Assays pending Phase 2 (August/September) 3,000m DD/RC drilling Powerline (estimated) Trend 11
Slide 12: Mt Windsor JV: Regional Setting and 2011 targets
Mt Windsor JV: Regional Setting and 2011 targets For personal use only Dominant >3,500km2 land position in +20Moz gold province Ramelius Resources can earn up to 60% interest by spending $7M over 4 years 12
Slide 13: Mt Windsor JV: Mt Redan (G22) – Hill C
Mt Windsor JV: Mt Redan (G22) – Hill “C” For personal use only 2km long, multi-element geochemical anomaly including gold and copper High level indicators (Hg, Sb, As) - top of system? Adjacent to interpreted intrusion at depth No previous drilling Buried 2,000m RC drilling planned for Q3/
Slide 14: Northern Tanzania: World-class gold province
Northern Tanzania: World-class gold province For personal use only Jubilee Reef Project: Strategic location in world class Lake Victoria Goldfield 14
Slide 15: Jubilee Reef JV: Key Points
Jubilee Reef JV: Key Points For personal use only World Class Gold Province (LVGF) – includes Bulyanhulu (~17Moz), Strategic Location Geita (~12Moz) deposits Tenement Area ~60 km2 Geology Archaean greenstones - abundant Banded Iron Formation (BIF) JV Deal/Partner Right to earn up to 75% from Currie
Slide 16: Jubilee Reef JV: Gold targets
Jubilee Reef JV: Gold targets For personal use only Tembo Rock chips to 9.7g/t Au Chela Extensive >1g/t Au in RAB Shangaza/Panapendesa Up to 19m @ 3.6g/t Au Masabi Hill Extensive >1g/t Au in RAB 16
Slide 17: Jubilee Reef JV: Shangaza/Panapendeza
Jubilee Reef JV: Shangaza/Panapendeza For personal use only Panapendeza >1km long gold anomaly Abundant end-of-hole anomalism Open along strike and at depth Multiple zones of bedrock mineralisation? RAB intersections up to 19m @ 3.6g/t Au (from 26m) Shangaza RC intersections up to 20m @
Slide 18: Jubilee Reef JV: Panapendeza Zone
Jubilee Reef JV: Panapendeza Zone For personal use only 20m @ 1.7g/t Au (0-20m) 6m @ 1.8g/t Au (0-6m) 7m @ 3.0g/t Au (20-27m) 19m @ 3.6g/t Au (26-EoH) 4m @ 1.1g/t Au 20m @ 1.5g/t Au (20-EoH) (123-143m) 6m @ 2.3g/t Au (32-EoH) Parallel zones of primary gold mineralisation open along strike and at dep
Slide 19: Jubilee Reef JV: Panapendeza Drill Sections
Jubilee Reef JV: Panapendeza Drill Sections For personal use only Section 440976E Section 441046E Section 441184E W E Continuous gold mineralisation intersected on multiple sections over +200 metre strike Most intersections at bottom of hole Open along strike and at depth 19
Slide 20: 2011 Exploration: Plan and Objectives
2011 Exploration: Plan and Objectives North Queensland For personal use only Panhandle Project (LTR 100%) • Targeting silver and gold • Infill sampling completed – assays pending • ~3,000m drilling scheduled August/September 2011 • ~$0.5M budget Mt Windsor (RMS earning 60%) • Multiple gold targe
Slide 21: Summary
Summary For personal use only Exciting exploration portfolio and targets in established mining regions Active exploration campaign planned for 2011 – steady stream of results expected over second half Tenements prospective for discovery of major gold or silver/gold deposits – strong long term
Slide 22: For more information…
For more information… For personal use only Telephone: (08) 9322 7431 Fax: (08) 9322 5800 Email: info@ltresources.com.au Noosa Mining and Exploration Company Conference 14 – 15th July 2011
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