Locality Planning Energy Holdings Limited · ASX:LPE
Locality Planning Energy — Stratum Metals — Investor Presentation (November 2013)
22 slides from Locality Planning Energy's investor presentation, November 2013
Slide 1: Unlocking the Potential of the East Menzies Goldfield
NOVEMBER 2013 UNLOCKING THE POTENTIAL OF THE EAST MENZIES GOLDFIELD www.stratummetals.com.au ASX:SXT
Slide 2: Disclaimer
DISCLAIMER This presentation may contain certain forward looking statements and projections regarding: • estimated, resources and reserves; • planned production and operating costs profiles; • planned capital requirements; and • planned strategies and corporate objectives. Such forward looking state
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS • First company to consolidate the East Menzies goldfield, providing necessary scale for targeted exploration • Extensive land holding (154km2) in an historically prospective region • Recently acquired 100% project interest1 • Over 444 old mine shafts, 229 identified conductors
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT $AUD ASX SHARE PRICE PERFORMANCE 0.50 800,000 Share Price1 $0.08 700,000 0.40 Total Shares on Issue 63,440,484 600,000 0.30 500,000 Options2 12,850,000 A$ 400,000 0.20 300,000 Convertible Notes3 2,105,000 200,000 0.10 Market Cap4 $5.1 million 100,000 Cash5 $848,000 Oct-11 Apr-12 O
Slide 5: Breadth and Depth of Experience
BREADTH AND DEPTH OF EXPERIENCE COMBINATION OF CORPORATE AND GEOLOGICAL/EXPLORATION EXPERIENCE RICK ANTHON - BA, LLB, MAICD - NON-EXECUTIVE CHAIRMAN 25 years experience in corporate and commercial law. Particular expertise in mining exploration, mineral development and energy sectors. MARTIN HOLLAND
Slide 6: East Menzies
EAST MENZIES • HISTORIC PRODUCER: Previous open pit and shaft mines, with extensive data now collated • CONSOLIDATED LANDHOLDING: Provides scale for targeted exploration • DRILLING PROGRAM: Three drill-ready targets: two gold and one nickel • EXISTING INFRASTRUCTURE: Close to gold mills, highway, ra
Slide 7: Historic WA Gold Centre
HISTORIC WA GOLD CENTRE CONSOLIDATION PROVIDES NEW OPPORTUNITIES IN AN AREA WITH RECOGNISED ENDOWMENT • East Menzies in production as recently as the late 1990s • More than 444 old mine shafts operated across the project at shallow depth • Recent production highlights: – Granny Venn & Auntie Nellie
Slide 8: East Menzies – Consolidated for the First Time
EAST MENZIES – CONSOLIDATED FOR THE FIRST TIME N • Consolidation provides scale for targeted exploration • Total holdings of 154km2 consisting of: – 66 prospecting licences – 2 mining leases – 1 exploration licence • Numerous integrated anomalies identified: – Over 444 old mine shafts – 229 identifi
Slide 9: East Menzies – Numerous Opportunities
EAST MENZIES – NUMEROUS OPPORTUNITIES SIGNIFICANT POTENTIAL FROM 229 IDENTIFIED CONDUCTORS • Electromagnetic survey identified 229 conductors • 20 priority conductors modelled and cross referenced with existing datasets • Continuing to cross reference all identified anomalies with existing datasets
Slide 10: East Menzies – 2013 Fieldwork
EAST MENZIES – 2013 FIELDWORK FIELDWORK HIGHLIGHTS BROADER GOLD POTENTIAL • Shaft spoil sampling programme undertaken during mid 2013 • 444 old mine shafts identified and sampled over 11 km of strike • Targeting anomalies underlying old mine shafts • Gold assays up to 274 g/t in shaft spoil samples
Slide 11: East Menzies – Drill-Ready Targets
EAST MENZIES – DRILL-READY TARGETS • Three targets, two gold and one nickel: – Gold: Goodenough and Four O’Clock – Nickel Sulphide: Emu • Gold and massive sulphide potential Four O’Clock Gold target Goodenough Tribute Shoot – Gold target • Initial analysis completed of extensive historical data set
Slide 12: Goodenough – Target 1
EAST MENZIES – GOODENOUGH – TARGET 1 • Testing high grade gold shoot model • Drilling to confirm high grade extension 50 metres south of Tribute Mine area • Target supported by 9m @ 16.63g/t Au ‘bonanza intercept’ reported June 2013 • Past vertical drilling poorly orientated to intersect shallow sou
Slide 13: Goodenough
EAST MENZIES – GOODENOUGH Figure 7. Goodenough Tribute shoot target – planned and Figure 8. Goodenough prospect planned drill holes cross past drilling section 13
Slide 14: Four O'Clock – Target 2
EAST MENZIES – FOUR O’CLOCK – TARGET 2 • 400 metres south west of historic Goodenough mine • Area with 160 metre strike line of historic underground mine workings • Extensive electromagnetic conductor identified from recent HELITEM survey • Analysis of Goodenough data suggests potential for an exten
Slide 15: Four O'Clock
EAST MENZIES – FOUR O’CLOCK Figure 10. Four O’Clock Prospect – Planned drill holes Figure 11. Four O’Clock Prospect – Planned drill holes cross-section 15
Slide 16: Emu – Target 3
EAST MENZIES – EMU – TARGET 3 • Drill-ready nickel sulphide target • Identified through cross referencing electromagnetic survey with historic data and recent fieldwork results • Consistent with previous CRA nickel exploration: – Drill results of 3m @ 1.5% Ni from 17m and 4.5m @ 0.77% Ni from 52m –
Slide 17: Emu
EAST MENZIES – EMU Figure 13. HELITEM section showing projected model plates Figure 15. Emu prospect planned drill holes Figure 14. Emu prospect planned drill program cross section 17
Slide 18: East Menzies – Existing Infrastructure
EAST MENZIES – EXISTING INFRASTRUCTURE INFRASTRUCTURE MAY ASSIST STRATEGY OF REALISING EARLY CASHFLOW • Ideally positioned to access existing infrastructure in the Kalgoorlie, Leonora and Laverton region including highway, road, rail and gas pipeline • Close to a number of existing gold mills seekin
Slide 19: Upcoming Milestones
UPCOMING MILESTONES IMMINENT NEWS FLOW FROM DRILLING PROGRAM Q3 2013 Q4 2013 Q1 2014 Q2 2014 • Identified three • 1,200m RC drilling • Review assay results • Ongoing exploration priority targets; Emu, programme from first pass including; Follow up Goodenough, Four • Continue dataset drilling program
Slide 20: New Opportunity in an Historic Goldfield
NEW OPPORTUNITY IN AN HISTORIC GOLDFIELD • Meaningful scale for exploration achieved for the first time • 100% project interest1 • Imminent news flow from upcoming drilling programme • Significant growth potential from 229 identified conductors • Low cost structure allows for increased exploration s
Slide 21: Contact
CONTACT Martin Holland Address: 7/151 Macquarie Street, Managing Director Sydney NSW Australia 2000 STRATUM METALS LIMITED Ph +61 2 9276 1245 Mob +61 439 747 747 Email info@stratummetals.com.au www.stratummetals.com.au “To actually consolidate that whole structure and to have a global view of the en
Slide 22: Appendix One – Other Assets
APPENDIX ONE – OTHER ASSETS CONSIDERING OPTIONS TO MONETISE INTERESTS IN OTHER ASSETS • Gidgee Gold Project – 35 RC holes totalling 4,780m drilled in 3 programs – Mineralisation encountered over 270m of strike with intercepts near surface and to depths of 140m defined – Mineralisation remains open a
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