Renascor Resources Ltd · ASX:RNU
Renascor Resources — Renaissance Uranium — Shareholder Meeting (November 2012)
19 slides from Renascor Resources's shareholder meeting presentation, Nov 30, 2012
Slide 1: Annual General Meeting Presentation
Renaissance Uranium For personal use only Annual General Meeting Presentation 30 November 2012 Renaissance Uranium
Slide 2: Corporate
For personal use only Corporate • ASX code RNU • Shares on issue 114.8m Board of Directors • Options 14.3m* Stephen Bizzell (Chairman) • Cash (30 Sep 12) $4.5m David Christensen (MD) • Share price (28 Nov 12) $0.056 Geoff McConachy • Market capitalisation $6.4m Chris Anderson • Top 20 shareholding 6
Slide 3: Highlights
Highlights • Successful transition to multi- For personal use only commodity, South Australia-focused explorer Near-term copper and gold discovery opportunities Key projects within established mineral provinces of SA • Active explorer Building value through cost-effective drill campaigns Str
Slide 4: Market: Share performance
Market Share performance For personal use only RNU.ASX XSR.ASX XJO.ASX 165% 145% 125% 105% 85% 65% 28 Nov 11 02 Jan 12 06 Feb 12 12 Mar 12 16 Apr 12 21 May 12 25 Jun 12 30 Jul 12 03 Sep 12 08 Oct 12 12 Nov 12 RNU share performance over last 12 months, as compared to S&P/ASX 200 (XJO.ASX) and S&P/ASX
Slide 5: Projects
Projects 14,341 km2 in South Australia* 2012 main focus: immediate For personal use only discovery opportunities • Eastern Eyre: IOCGU Multiple untested geophysical anomalies adjacent to mineralised fault zone Previously inaccessible, licence now granted • Gairdner: initial scout drilling comple
Slide 6: Eastern Eyre Project: Prime IOCGU targets unlocked
Eastern Eyre Project Prime IOCGU targets unlocked For personal use only • Licence recently granted over prime tenure in Eyre Peninsula (SA) Proposed expansion to Cultana military training area previously halted exploration • Prime IOCGU terrain Analogous to nearby Hillside copper project • Limit
Slide 7: Eastern Eyre Project: Multiple untested IOCGU targets
Eastern Eyre Project Multiple untested IOCGU targets For personal use only • Multiple untested magnetic and gravity anomalies near fault structures • Widespread copper mineralisation to east Anomalies intersected from geochemical sampling in 1960s to 1980s • Fault zone largely untouched 2009 dis
Slide 8: Eastern Eyre Project: Geochemical/geological drill targets
Eastern Eyre Project Geochemical/geological drill targets For personal use only • Historical prospects include immediate drill targets 1050 East: 40m @ 0.37 Cu (from 80m- 120m), including 2.9m @ 1.96% Cu 1050: 93m @ 0.12% Cu (from 36m to 129m) • IOCGU/copper setting Significant alteration Br
Slide 9: Gairdner Project: Overview
Gairdner Project Overview For personal use only • Located in prime discovery tenure Limited historical exploration • Elevated silver geochemistry • Multiple magnetic anomalies • First pass drilling completed 1 Nov 2012 Gairdner Project. EL 4675 (100%) and EL 4836 (earning 80%) Renaissance Uranium
Slide 10: Gairdner Project: Interim drill results
Gairdner Project Interim drill results For personal use only • Alteration consistent with proposed epithermal silver model Volcanics and granites intersected Zones of alteration and veining • Drilling over magnetic anomalies intersects mafic volcanics Interpreted as either Archean greenstones
Slide 11: Olary Project: Overview
Olary Project Overview For personal use only Olary Project, showing gold prospects and Polymetal’s and Exco’s White Dam gold mine • Multiple near-surface gold • Initial scout drilling: multiple prospects elevated gold intercepts Close proximity to White Dam gold mine Confirms effectiveness of ex
Slide 12: Olary Project: New gold prospects and ELA
Olary Project New gold prospects and ELA For personal use only • Latest geochemical sampling defines new untested targets Highest tenor prospects to date • New ELA approved along strike from open targets • Next steps Infill sampling RC drilling Olary Project, showing geochemical sampling over
Slide 13: Marree Project: Copper targets
Marree Project Copper targets For personal use only • Adelaide Fold Belt (SA) • Target: Zambian Copper Belt Style • Widespread copper mineralisation and prospects Prominent electromagnetic conductors at Luck at Last Extensive historical copper in project area Comparable sedimentary sequence an
Slide 14: Warrior Project: Advanced uranium project
Warrior Project Advanced uranium project For personal use only • Brownfield uranium project Discovered by PNC in 1970s Extensive uranium drill intersections Opportunity to use modern exploration techniques to enhance existing uranium zones in grade and dimension • Low-cost Acquisition consid
Slide 15: Frome Basin Project: Sandstone-hosted uranium
Frome Basin Project Sandstone-hosted uranium For personal use only • Strategic uranium land position 4,000 km2 within the uranium-rich Frome Basin (SA) Close proximity to: o Beverley uranium mine (46.3 million pounds @ 0.27% U3O8) o Four Mile (70.5 million pounds @ 0.33% U3O8) o Beverley North a
Slide 16: Cowell Prospect: Graphite targets
Cowell Prospect Graphite targets For personal use only • Location: Eyre Peninsula Emerging graphite province • Two strong conductors identified from AEM survey Along interpreted stratigraphic boundary from Archer Exploration’s Wilklow Prospect Within regional shear zones in Lower Proterozoic s
Slide 17: Tanners Dam: Uranium/IOCGU
Tanners Dam Uranium/IOCGU For personal use only • Central Gawler Craton (SA) • Target: volcanic-hosted uranium/IOCGU within zones of high magnetite destruction Geologic similarity to Stretsolska, Russia’s preeminent uranium region Felsic lava pile above Hiltaba granite magma chamber Magnetic l
Slide 18: Planned activities and news flow
Planned activities and news flow Next 6 months For personal use only Project Target Activity Nov Dec Jan Feb Mar Apr Gairdner Silver/base metal RC drilling ✔ Drill results ✔ Data review ✔ ✔ ✔ Drill clearances (TBC) ✔ ✔ Follow-up drilling (TBC) ✔ ✔ Eastern Eyre IOCGU/Copper Geophysical surveys ✔ Data
Slide 19: Important notice
For personal use only Important notice Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renaissance Uranium Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reaso
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