Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — RIU Resources Round-Up, Melbourne 2014
31 slides from Stavely Minerals's conference presentation, Sep 25, 2014
Slide 1: Stavely & Ararat Copper-Gold Projects, Western Victoria
For personal use only STAVELY & ARARAT COPPER-GOLD PROJECTS WESTERN VICTORIA RIU Resources Round-Up, Melbourne September 2014
Slide 2: Disclaimer
STAVELY MINERALS For personal use only Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Comp
Slide 3: IPO Raising Fully Subscribed
STAVELY MINERALS For personal use only IPO Raising Fully Subscribed • 80.4 million shares on issue • Raised $6.1 million @ 20c • No pre-IPO cheap ‘seed’ stock other than to the 4 principals in the business most of that is escrowed for 2 years. • Drill ready targets at Mt Ararat copper-gold VMS exten
Slide 4: Corporate snapshot: ASX code SVY, directors and share price
STAVELY MINERALS For personal use only ASX Code – SVY Shares on Issue – 80.4M Share Price - $0.43 Market Cap - $34.6M Cash (30/06/14) - $4.1M $0.80 700,000 Volume Directors Price $0.70 600,000 Bill Plyley Non-executive Chairman $0.60 500,000 Chris Cairns $0.50 Managing Director 400,000 Jennifer Murp
Slide 5: Project Location
PROJECT LOCATION For personal use only The Mount Stavely Volcanic Complex is considered a northern extension of the Mt Read Volcanics in Tasmania
Slide 6: Project Location
PROJECT LOCATION For personal use only Projects located in western Victoria: The Ararat Project located west of the regional city of Ararat. The Stavely Project located between Lake Bolac and Dunkeld.
Slide 7: Mineral Resources
1 MINERAL RESOURCES For personal use only At the Ararat Project, hosted in Besshi-style VMS: • Inferred Mineral Resources of 1.2Mt at 2.0% copper, 0.5 g/t gold, 0.4% zinc and 6 g/t silver for 30kt of contained copper At the Stavely Project hosted in a secondary chalcocite enriched blanket: • Inferre
Slide 8: Ararat Project
For personal use only ARARAT PROJECT
Slide 9: Ararat
ARARAT PROJECT For personal use only Hosts the: Mt Ararat Besshi-style copper-gold VMS and the Langi Logan - Stawell Gold Mine look-alike target
Slide 10: Ararat Project
ARARAT PROJECT • Mt Ararat Besshi-style VMS – Inferred Mineral Resource of For personal use only 1.2Mt at 2.0% copper, 0.5g/t gold, 0.4% zinc and 6g/t silver. • The Degrussa deposit is considered a Besshi-style VMS • Open at depth and along strike
Slide 11: Ararat: Mt Ararat Mineral Resource and VTEM conductor
ARARAT PROJECT For personal use only Mt Ararat Mineral Resource is over 350m strike extent (blue rectangle) at the southern end of a 4 kilometre long airborne VTEM conductor and coincident soil copper-zinc anomalism (gold not analysed). Ground EM confirms significant undrilled extensions to the nort
Slide 12: Mt Ararat VMS ground EM conductor plates
ARARAT PROJECT For personal use only Mt Ararat VMS ground EM conductor plates • Mt Ararat existing Mineral Resource has a ground EM conductor to 500m depth (red). • Carrolls prospect (blue) has a ground EM conductor 2km along strike and to 800m depth. • South Pole prospect (green) has ground EM cond
Slide 13: Ararat: Recent RC drilling results
ARARAT PROJECT For personal use only Recent RC drilling results1 from northern extensions to the Mt Ararat Mineral Resource: 5m at 2.10% copper, 0.56 g/t gold, 0.48% zinc and 9 g/t silver, including • 2m at 3.37% copper, 0.73 g/t gold, 0.47% zinc and 14 g/t silver 3m at 2.64% copper, 0.17 g/t go
Slide 14: Carroll's and South Pole prospects exploration potential
ARARAT PROJECT For personal use only Carroll’s and South Pole prospects have compelling exploration potential Immediately along strike to the north from an Inferred Mineral Resource with attractive grades of 1.2Mt at 2% copper, 0.5 g/t gold and 0.4% Zn: VTEM conductors confirmed by ground EM over
Slide 15: Ararat: Prospective VMS horizon
ARARAT PROJECT For personal use only • Prospective VMS copper- gold horizon extends over 15 kilometres within Stavely Minerals tenements. • Very little exploration under shallow cover.
Slide 16: Stawell Gold Mine
For personal use only STAWALL GOLD MINE
Slide 17: Langi Logan
For personal use only LANGI LOGAN
Slide 18: Stavely Project
For personal use only STAVELY PROJECT
Slide 19: Stavely Project prospects and Inferred Resource
STAVELY PROJECT For personal use only • Thursday’s Gossan chalcocite enriched blanket – Inferred Mineral Resource of 28Mt at 0.4% copper containing 107kt copper • Thursday’s Gossan porphyry • Junction porphyry • Newly interpreted Mt Stavely porphyry • Fairview Gold prospect • Wickliffe VMS prospect
Slide 20: Mt Stavely Volcanic Complex and Mt Read Volcanics
STAVELY PROJECT For personal use only • Mt Stavely Volcanic Complex considered the northern extension of the Mt Read Volcanics in Tasmania. • MRV hosts the Mount Lyell, Rosebery, and Henty copper-gold deposits. • In the Thursday’s Gossan area a very major intersection of N-S and NW oriented structur
Slide 21: Thursday's Gossan chalcocite blanket and porphyry
STAVELY PROJECT For personal use only Thursday’s Gossan chalcocite blanket (red) and location of porphyry intrusion at depth (blue) controlled by long-lived structures – regional structural controls expressed at local scale.
Slide 22: Porphyry targets in gravity images
STAVELY PROJECT For personal use only Porphyry intrusions at depth appear as lows in the gravity images. Three porphyry targets: • Thursday’s Gossan • Junction • Mt Stavely
Slide 23: Exploration upside premise
STAVELY PROJECT • Stavely Minerals bought these projects primarily For personal use only for the exploration upside. • Stavely’s premise was that previous explorers had failed to recognise the high-level of exposure – ie. The porphyry was down deeper than existing drilling.
Slide 24: Significant drill intercepts into leakage structures
STAVELY PROJECT For personal use only Significant drill intercepts into ‘leakage’ structures: • ‘D’ veins in the porphyry terminology of Gustafson and Hunt, 1975 • 7.7 metres at 4.14% copper, 1.08 g/t gold and 77g/t silver • 9.5 metres at 2.93% copper, 0.44g/t gold and 42 g/t silver
Slide 25: HyLogger alteration mapping
STAVELY PROJECT For personal use only • CSIRO developed HyLogger for quantitative mapping of alteration minerals in drill core • HyLogger data collected for 11 diamond drill holes in 2009 but never processed • Data provided to Dr Scott Halley of Mineral Mapping Pty Ltd for processing and analysis
Slide 26: HyLogger data supports exposure hypothesis
STAVELY PROJECT For personal use only “The HyLogger data certainly supports the hypothesis that the level of exposure tested by previous drilling is analogous to the top of a Prince Lyell system. This system should be drilled to a depth of 200 to 300 meters below the zones of shortest wavelength whi
Slide 27: Thursday's Gossan plan and sulphur isotopes
STAVELY PROJECT For personal use only VSTD001 – Thursday’s Gossan Plan -6.4‰ d34S 299.3m with undrilled IP IP SNDD001 – chargeability anomaly and -3.95‰ d34S 98m chargeability anomaly 3.08‰ d34S 191m sulphur isotope sample locations on alteration zoning – sulphur isotopes can be used to vector towar
Slide 28: First drill holes at Thursday's Gossan and Junction
STAVELY PROJECT For personal use only First drill hole into the Thursday’s Gossan prospect intercepted broad intervals of low-level copper mineralisation in phyllic over propylitic alteration: • 82.3m at 0.12% copper • 45.9m at 0.19% copper, and • 28m at 0.15% copper First drill hole hole into the J
Slide 29: Cadia Valley / Northparkes-style Porphyry Potential
STAVELY PROJECT Cadia Valley / Northparkes–style Copper-Gold For personal use only Porphyry Potential Porphyry targets with: Gravity lows IP chargeability anomalies = phyllic alteration Alteration mineralogy indicating high-level of exposure in porphyry system Almost no drilling below 250m d
Slide 30: Forward Programme
FORWARD PROGRAMME Drilling in-progress For personal use only Thursday’s Gossan 4 x 700 metre deep diamond drill holes testing for porphyry copper-gold mineralisation at depth – three holes complete Junction 2 x 500 metre deep diamond drill holes testing for porphyry copper-gold mineralisation at
Slide 31: Thank You
STAVELY MINERALS For personal use only Thank You Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au Ph: 08 9287 7630 The information is extracted from information in the Stavely Minerals Prospectus available to view on www.stavely.com.au and ASX an
Stavely Minerals — RIU Resources Round-Up, Melbourne 2014 on 6ix