Emu Nl · ASX:EMU
Emu Nl — Investor Presentation (October 2018)
26 slides from Emu Nl's investor presentation, Oct 5, 2018
Slide 1: Vidalita: Finding an elephant in elephant country
For personal use only Vidalita: Finding an elephant in elephant country October 2018
Slide 2: A well planned, measured, determined approach to exploration success
A well planned, measured, determined approach to exploration success For personal use only Discovery Vidalita: a new Au-Ag epithermal Drill Testing: First area drilled returns grade Targeted Geochem: Soil surveys confirm gold & silver zones Recon Geology: Areas of pervasive alteration and high grade
Slide 3: Location: Maricunga Gold Camp of Giants
Location: Maricunga Gold Camp of Giants For personal use only Salares Norte 3.7Moz Au, 50Moz Ag Cerro Maricunga 6Moz Au, 4Moz Ag Caspiche 23Moz Au, 54Moz Ag Cerro Casales 23Moz Au, 59Moz Ag Alturas 7Moz Au Vidalita Modified from Goldfields presentation, AME Roundup, Vancouver 2017 the right location
Slide 4: A Tier epithermal system revealed
A Tier 1 epithermal system revealed For personal use only Alteration hot spots were the Arroyo tell tale Emu was seeking Ancho Orange/gold hotspots targeted Jotahues Large areas under cover Peon 2 Vidalota Peon 4 Vidalita Pervasive alteration: a large footprint = large system 44
Slide 5: Recce rock chips are spectacular
Recce rock chips are spectacular For personal use only Surface rocks, 0.20 g/t Au + 21.2 g/t Ag 4.28 g/t Au + 66.3 g/t Ag both float and 8.98 g/t Au +159 g/t Ag in situ, returned very 1.57 g/t Au + 35.7 g/t Ag high gold and 5.54 g/t Au + 89.7 g/t Ag silver values 14.5 g/t Au + 177 g/t Ag 3.08 g/t Au
Slide 6: Follow-up Soil Survey Confirms Targets
Follow-up Soil Survey Confirms Targets For personal use only Gold Silver Extensive, consistent gold and silver anomalism at Vidalita > 4km x 2km in area With epithermal system pathfinder elements The highest gold and silver in soils that Emu has seen 6
Slide 7: 2018 Drilling campaign prods the giant
2018 Drilling campaign prods the giant For personal use only Emu has undertaken first ever exploration drilling in this pristine area 28 Aircore holes for 4,203m, 7 RC holes for 813m, and 5 diamond holes for 950m completed Campaign targeted three high surface gold and silver geochemistry zones at th
Slide 8: Discovery: Emu gets what it came for
Discovery: Emu gets what it came for For personal use only Results are outstanding: • Long intercepts of gold and silver mineralisation • a highly mineralised system has been found: 162m @ 0.13g/t Au • Gold grades to 8.4g/t, silver grades to 1,049g/t, copper grades to 5.4% • High lead and zinc geoch
Slide 9: Discovery: Mineralisation is pervasive
Discovery: Mineralisation is pervasive For personal use only An area exceeding 1,400m in length and 300m in width, open in all directions, has now been shown to be mineralised Edges of system not yet tested 99
Slide 10: Vidalita: building on initial discovery
Vidalita: building on initial discovery only 2017-18 drilling campaign outlined a shallow mineralised zone use High grade silver mineralisation was intersected deeper: Interval Silver grade From Within broader Silver grade From For personal Hole m g/t m interval m g/t m 1.4 km 8 33 40 4900-1 28 23 3
Slide 11: Emu is in a large gold-silver system
Emu is in a large gold-silver system For personal use only Emu has identified a large gold- silver deposit in a high sulphidation epithermal (‘HSE’) system: Vidalita? • Distinct alteration patterns, frequently with low grade mineralised vuggy silica • Limited outcrop • Gold and silver rich • Strong
Slide 12: Strong land position
Strong land position For personal use only • Building our land position on the back of inspiring results • 136km2 held • Areas held 100% and under option • Emu surrounded by majors Large landholding surrounded by majors 12 12
Slide 13: Evidence & encouragement to proceed
Evidence & encouragement to proceed For personal use only Large, intact, gold-silver High Suphidation Epithermal system interpreted: • ALTERATION large alteration zones of the right type across the tenements • ROCK GEOCHEMISTRY high grade gold and silver values within the alteration zones • SOIL GEO
Slide 14: The journey so far
The journey so far…… For personal use only Results show Emu is well and truly in the hunt for an economic gold- silver deposit in a well endowed mineralised belt Potentially, a transformative, company-making exploration outcome Exploration results have delivered the mineralisation style sought: a pr
Slide 15: Land holding holds elephants?
Land holding holds elephants? For personal use only 3.7Moz Au Emu’s concession package is large 23Moz Au The largest of the Maricunga 7Moz Au Belt’s resources* can be accommodated many times over Surface geochem surveys have outlined areas very much larger than neighbouring resource footprints * Out
Slide 16: Targets for the 2018-19 campaign
Targets for the 2018-19 campaign For personal use only Arroyo Ancho: pervasive large scale alteration around an andesite cap. High Vidalita C: high precious metal assays precious metal assays in covered Jotahues: massive area, not yet sulphide outcrop, resolved precious metal anomalism, intense Vida
Slide 17: Peon 4: gold-rich geochemistry
Peon 4: gold-rich geochemistry For personal use only Peon 4 soil geochemistry outlines a zone anomalous in gold, silver, base metals, and epithermal pathfinder elements The zone is 600 x 1200m and open along strike Highlighted in Aster alteration image Untested target to be assessed with two lines o
Slide 18: Aircore drilling technology applied in high Andes
Aircore drilling technology applied in high Andes For personal use only Emu has introduced deep aircore drilling technology to the high Andes • Cost is about 1/5th of Chilean RC drilling costs • Production is about 3 times higher • Sample is superior to RC and almost as good as DDH • Sample is super
Slide 19: Next milestones: 2018-19 campaign
Next milestones: 2018-19 campaign For personal use only Follow-up of Vidalita drilling to find the high grade part of the system • 30 AC and 7 DDH holes to follow mineralisation and test for a resource • SEM work on mineralogy to better understand controls and metallurgy Test equally compelling targ
Slide 20: News flow
News flow: For personal use only Currently planned time line: All assays in Exploration First Final results crew mobilises assays announced 2018 Oct Nov Dec 2019 Feb Mar Apr May Jun 2019 Sampling AC drilling DDH drilling Results assessment Solid 7 months’ workflow with regular updates to market 20
Slide 21: Key message
Key message For personal use only Emu is pursuing economic gold-silver in a highly prospective mineralised belt Potentially a transformative, company-making exploration outcome Exploration results have delivered the mineralisation style sought: precious metal high sulphidation epithermal system Next
Slide 22: A Proven Management Team
A Proven Management Team For personal use only Peter Thomas (Chairman) legal background with natural resources-focussed legal practice for over 30 years. Founding non-executive chairman Sandfire Resources. Non-executive director for several other listed resource companies Greg Steemson (NED) qualifi
Slide 23: Backed by an effective field team
Backed by an effective field team For personal use only Cisco Montes is Emu’s Spanish speaking, Australian trained geologist We take on some of the best graduates from Latin American universities to help with the field work Augmented by world- renown epithermal geological consultants Committed field
Slide 24: Small issued share capital
Small issued share capital For personal use only ASX:EMU Ordinary fully paid shares 91M Including 4M which can be bought back for nil consideration ASX:EMUCA Contributing shares 33.67M Paid to 3c, 3c to pay; no call before 31/12/18 4.75M options exercise price 10c (20/12/18) 0.3M options exercise pr
Slide 25: Legal Disclaimer
Legal Disclaimer For personal use only Forward-Looking Statements • This presentation has been prepared by EMU NL. This document contains background information about EMU NL current at the date of this presentation. The presentation is in summary form and does not purport be all inclusive or complet
Slide 26: Emu: a compelling investment - Thank you
Emu: a compelling investment For personal use only Thank you ASX: EMU info@emunl.com.au www.emunl.com.au 08 92264266 Creating value from exploration for investors 26 26