Activex Limited · ASX:AIV
Activex — Noosa Mining and Exploration Conference 2012
20 slides from Activex's conference presentation, Jul 19, 2012
Slide 1: Noosa Mining and Exploration Conference
Noosa Mining and Exploration Conference For personal use only July 2012 Managing Director ActivEX Limited Doug Young Discovering new gold-copper resources July 2012 1
Slide 2: ActivEX project locations
ActivEX project locations For personal use only Cloncurry Barambah Esk Trough Information provided is for information purposes and does not constitute financial product advice. You should obtain independent advice before making any financial decisions. Although ActivEX Limited and its related bodies
Slide 3: Cloncurry – significant holdings
Cloncurry – significant holdings For personal use only World scale metals province o Resurgent neighbourhood Multiple quality holdings 992km2 o Holdings doubled in size IOCG targets (iron oxide copper gold) New grants – new targets being generated Florence – key project Mt Agate JV – AIV
Slide 4: Florence Project – drilling now
Florence Project – drilling now Florence – skarn targets For personal use only Copper-gold-cobalt discoveries in 2010-2011 Shallow mineralised zones puts focus on three potential open pits Sterling - IOCG targets Haematite granitic breccias over 4.5km Coincident conductivity and geochem
Slide 5: Florence Bore North (FBN)
Florence Bore North (FBN) Discovery hole 2010 For personal use only o 32m @ 1.09% Cu, 0.12g/t Au, 123g/t Co 2011 drilling highlights o High grade zones intersected o 22m @ 1.03% Cu, 0.07g/t Au, 44g/t Co o 14m @ 2.04% Cu, 1.08g/t Au, 101g/t Co Near surface o All intersections above 120m o Oxide
Slide 6: Florence Bore South (FBS1)
Florence Bore South (FBS1) Discovery hole For personal use only o 38m @ 0.44% Cu, 0.06g/t Au, 116g/t Co 2011 drill highlights o Wide zones of mineralisation o 86m @ 0.39% Cu, 0.05g/t Au, 60g/t Co o High grade zones o 14m @ 1.42% Cu, 0.32g/t Au, 230g/t Co Second potential open pit o 3km south o
Slide 7: Florence Bore South (FBS1)
Florence Bore South (FBS1) Copper drill intersections For personal use only consistently high in rare earth elements Plot of copper + cobalt (green) vs TREO (purple) shows coincidence of mineralisation styles Investigating mineralogy July 2012 For complete information on TREO results see ASX r
Slide 8: Selwyn East Project – great address
Selwyn East Project – great address For personal use only Cu-Au EPM 18073 Mo-Re Cu Au-Cu July 2012 8
Slide 9: Selwyn East – gossan discovery
Selwyn East – gossan discovery AIV 100%, granted Sept 2011 For personal use only Radiometrics shows clear thrust structures - related to Merlin-Mt Dore trend Structures splay into AIV ground Heathrow Gossan discovery 2700ppm Cu, 536ppm Co, 0.17ppm Au, 652ppm Mo, 9000ppm TREO ActivEX Selwyn
Slide 10: Selwyn area – late stage fractures
Selwyn area – late stage fractures For personal use only Hyperspectral data from QLD Mines Department and CSIRO Ferric oxide channel – defines major structures as for radiometrics Also shows late stage brittle (cross) fractures – potential conduits for mineralising fluids Molybdenum rich zon
Slide 11: Heathrow (SAM) Magnetics
Heathrow (SAM) Magnetics For personal use only Magnetic anomaly 4.5km long, mostly obscured by sand Gossans located at southern end Dolerites associated Disrupted by late brittle fractures Second magnetic anomaly with associated gossans – JFK (2000ppm copper) July 2012 ground magnetic imag
Slide 12: Heathrow (SAM) Conductivity
Heathrow (SAM) Conductivity For personal use only Strong resistive zone (blue) related to Heathrow gossans Significant conductivity anomaly (white) – main section 1400 metres long, up to 250 metres wide Conductive anomaly completely covered by sands Conductivity shows linking between paralle
Slide 13: ActivEX Projects - SEQ
ActivEX Projects - SEQ For personal use only Barambah Esk Trough July 2012 13
Slide 14: Esk Trough Joint Venture
Esk Trough Joint Venture $6M Coppermoly Joint Venture For personal use only o COY spend $3M to earn 51% o COY spend further $3M to earn 70% o AIV claw back to 40% Targeting porphyry Cu-Au-Mo o Wide zones - 290m @ 0.13% Cu o Good grades - 88m @ 0.47%Cu, 0.49g/t Au 3DIP program refines drill tar
Slide 15: White Horse – secondary enrichment
White Horse – secondary enrichment For personal use only Significant zones of shallow secondary copper enrichment in all holes drilled Highlights - o ABJ020 - 26m @ 0.85% Cu from 21m o ABJ021 – 28m @ 0.96% Cu from 29m o incl 17m @ 1.4% Cu from 32m o ABJ023 – 15m @ 1.09% Cu from 29m o ABJ025 – 13
Slide 16: White Horse – secondary blanket
White Horse – secondary blanket For personal use only A A’ Flat lying secondary enrichment zone above low grade porphyry mineralisation Enriched blanket of chalcocite and copper oxides – potential for heap leach Shallow mineralisation - from surface to 50 metres deep July 2012 16
Slide 17: Barambah Project – AIV 75%
Barambah Project – AIV 75% For personal use only Cracow style high grade gold-silver Bonanza Grades o 2m @ 15.9g/t Au, 1,556g/t Ag o 17.15m @ 4.98g/t Au, 118g/t Ag o 5.4m @ 2.64g/t Au, 247g/t Ag Accessible from open pit or shallow underground Treatment options within 50km July 2012 17
Slide 18: Barambah Project - new vein found
Barambah Project - new vein found For personal use only Parallel vein system discovered outside tested area Poor outcrop High grade gold-silver values o Up to 18.6g/t Au and 214g/t Ag Drill program planned o Main vein - down plunge o Parallel vein system July 2012 18
Slide 19: Capital Structure
Capital Structure Issued Capital 190,090,391 For personal use only Listed Options (exercise at $0.08, 31-07-2012) 70,164,369 Unlisted Options 3,150,000 Market Cap (6-2012) $3.9M Key Holders o ASF Group Limited 13% o M Ruane (& Associates) 12.8% o MD 5.6% Cash $1M One year Price/volume Gr
Slide 20: ActivEX – 2012 aims
ActivEX – 2012 aims Cloncurry – copper-gold-cobalt For personal use only o Establish JORC Resources at Florence o Drill test Selwyn East targets Esk Trough – copper o Extend enrichment mineralisation Barambah – gold-silver o Build on bonanza gold-silver grades o Test parallel vein system Thank
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