Slide 1: Compelling Ni-Cu sulphide drill targets at Zanthus
For personal use only Buxton Resources Limited (ASX:BUX) “Compelling Ni-Cu sulphide drill targets at Zanthus” September 2013
Slide 2: Key Investment Highlights
Key Investment Highlights For personal use only • Significant land position in Fraser Range Nickel Province • Drilling compelling nickel-copper targets with attractive geology • Systematic and cost effective exploration approach • Supportive and financially strong major shareholder • Experienced boa
Slide 3: Buxton Resources Limited Shareholders
Buxton Resources Limited Shareholders For personal use only ASX Code BUX, BUXO National Business Holdings 15.90% Shares on Issue1 54.5 million Montezuma Mining (MZM) 4.4% Top 20 60.1% Options on Issue 14.8 million Market Cap. (at $0.20) $10.9 million Cash (30 June 2013) $3.8 million Debt Nil Enterpr
Slide 4: Board & Management
Board & Management For personal use only Seamus Cornelius Mr Cornelius brings to the Board 21 years of corporate experience in both legal and commercial Non Executive Chairman negotiations. Mr Cornelius has been living and working as a corporate lawyer in China for 17 years. He has been based in Sha
Slide 5: Project Overview
Project Overview For personal use only Strong WA project pipeline 5
Slide 6: Strategic Fraser Range Position
Strategic Fraser Range Position For personal use only • 1,844km2 ground position in and around the Albany-Fraser Orogen • Strategic ground position in the Fraser Range with Zanthus and Widowmaker • New Ni-Cu & Au project emerging at Dempster One of the largest Fraser Range ground positions in a list
Slide 7: Widowmaker Ni-Cu Project
Widowmaker Ni-Cu Project For personal use only Recent exploration: • June 2013 RC Drilling of 8 ground EM targets • All targets explained as graphite / pyrite • Gold intercept of 4m @ .36 g/t Au • Airborne and ground EM techniques validated Next steps: • Calcrete sampling program to follow up gold p
Slide 8: Zanthus Magnetics & Geochemistry
Zanthus Magnetics & Geochemistry • Four - five separate interpreted For personal use only Interpreted composite intrusive intrusive bodies Area of remanent magnetism 70ppm Ni Historical surface 70ppm Ni 76ppm Ni geochemical sample • Positively and negatively (remanent) polarised magnetic signatures
Slide 9: Gravity
Gravity • Multiple gravity anomalies For personal use only Interpreted composite intrusive Area of remanent magnetism • Numerous areas of 70ppm Ni 76ppm Ni 70ppm Ni Historical surface geochemical sample coincident remanent Gravity high intense/broad magnetism and/or surface geochemical anomalism • A
Slide 10: VTEM Targets
VTEM Targets • Total of 20 conductors For personal use only Interpreted composite intrusive identified to date, with 13 Area of remanent magnetism classed as high priority 70ppm Ni 76ppm Ni 70ppm Ni Historical surface geochemical sample Gravity high 20 intense/broad 11 • Compelling horizontal and 19
Slide 11: VTEM Targets
VTEM Targets • Total of 20 conductors For personal use only Interpreted composite intrusive identified to date, with 13 Area of remanent magnetism classed as high priority 70ppm Ni 76ppm Ni 70ppm Ni Historical surface geochemical sample Gravity high 20 intense/broad 11 • Compelling horizontal and 19
Slide 12: Compelling Targets
Compelling Targets For personal use only • ZV01 & ZV14 - within or above interpreted intrusive • On margin of gravity high • Horizontal and complex-shaped VTEM conductors “Bulls-eye” target 12
Slide 13: Forward Works Program
Forward Works Program For personal use only • Systematic ground EM survey over all high priority targets has commenced • Detailed surface geochemical sampling has commenced • Initial RC drill program to test highest priority targets planned for Q1 2014 • Ongoing systematic work to follow Complex and
Slide 14: NBH - Strategic Partnership
NBH - Strategic Partnership For personal use only September 2012 • Buxton completed a strategic capital raise of ~$2.1 million with China based National Business Holdings (NBH) • Placement of 15% shares at $0.25 to raise ~$1.5 million • $600,000 licensing fee for NBH to exclusively market the Zanthu
Slide 15: Yalbra Graphite Project
Yalbra Graphite Project Summary For personal use only • Exploration Target of 8 – 12 Mt @ 7 – 11% TGC* • High Grade – rock chips up to 34% TGC • From surface • No metallurgical work done at depth • Drill ready. Planned exploration: • Further modelling of EM data to define drill targets • Drill progr
Slide 16: Zanthus Project - Magnetite
Zanthus Project - Magnetite For personal use only • Strong infrastructure access • Superior metallurgy - amongst the best in Australia : 68% Fe grade @ 150 micron • Initial inferred JORC resource of 103.6Mt at 26.5% Fe • Global exploration target of 0.7 – 1.3 billion tonnes @ 22- 32% Fe* • NBH is pr
Slide 17: Investment Summary
Investment Summary For personal use only • Compelling Ni-Cu drill targets at Zanthus • Highly prospective project portfolio focused on the Fraser Range Complex • Strategic partnership with NBH - significant value to be realised from Zanthus Magnetite and potentially other projects including graphite
Slide 18: Contact
Contact For personal use only Buxton Resources Limited Head Office Phone: +61 8 9380 6063 Suite 1, Level 1 Fax: +61 8 9381 4056 14-16 Rowland St Email: amaslin@buxtonresources.com.au Subiaco WA 6008 Web: www.buxtonresources.com.au 18
Slide 19: Table of VTEM Conductors
Table of VTEM Conductors For personal use only Name Priority East_MGA51 North_MGA51 Description Strong bedrock conductor near the margin of a gravity high. Irregular shape and orientation - dip direction changes between lines, ZV01 1 581260 6523400 plunges to the south. Possible near surface express
Slide 20: Disclaimer/Competent Person's
Disclaimer/Competent Person’s For personal use only Disclaimer: This presentation has been prepared by Buxton Resources (“Buxton”). 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 thi