Magnetic Resources Nl · ASX:MAU
Magnetic Resources Nl — Investor Presentation (February 2020)
22 slides from Magnetic Resources Nl's investor presentation, Feb 6, 2020
Slide 1: Magnetic Resources – February 2020
mA) magnetic resources" FEBRUARY 2020
Slide 2: Disclaimer and Competent Person's Statement
Company Overview DISCLAIMER The information contained in this presentation has been prepared by Magnetic Resources NL (MAU). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in MAU. This prese
Slide 3: Company Overview: Capital Structure and Board
Company Overview Magnetic is listed on the Australian Stock Exchange (ASX Code: MAU). Capital Structure ASX:MAU Experienced Board Position Held Shares on issue 202,026,870 Options and contributing shares on issue 20,418,862 George Sakalidis Managing Director Fully diluted shares on issue 222,445,732
Slide 4: Company Overview
Company Overview Magnetic is listed on the Australian Stock Exchange (ASX Code: MAU). ❑ At HN9 a significantly sized NNW 3km gold mineralised zone has been outlined being 200m wide and is open to the northwest, and at depth. Within the 3km zone there are 351 intersections (ranging from 1 to 9m) grea
Slide 5: Leonora–Laverton Gold Projects: Background
Leonora–Laverton Gold Projects Background ❑ The Leonora-Laverton district is well endowed with large world-class gold deposits having over 34Moz (mined plus resources), second to the Kalgoorlie region in WA. The company has 252km2 in the Laverton region and 198km2 in the Leonora Region. Most gold ta
Slide 6: Work Programmes complete and future programmes
Leonora–Laverton Gold Projects Work Programmes complete and future programmes Tenement Surface sampling completed Drilling & ground magnetics completed Proposed exploration Laverton area 595 RC for 28046m HN9 – 13 RC holes for 891m Hawks Nest E38/3127 4099 soils 2 AC holes for 66m HN9 - Deepen 5 RC
Slide 7: Gold Mines, Faults, Ground Magnetics, Drillhole Max Gold, Aeromagnetics
Laverton Gold Mines, Faults, Ground Magnetics, Drillhole Max Gold, Aeromagnetics Slide 7 7
Slide 8: Priority Projects
Laverton-Leonora Gold Projects Priority Projects ❑ In the Laverton district we have 252 km2 of tenements. ❑ The Priority Projects, after major drilling programmes are in order of priority, Hawks Nest 9, Lady Julie, Homeward Bound South and Hawks Nest 5. ❑ Two other secondary targets include a geoche
Slide 9: Wallaby, Jupiter & Sunrise Dam Mine Cross Sections
Leonora–Laverton Gold Project Wallaby, Jupiter & Sunrise Dam Mine Cross Sections Sunrise Dam (10Moz) Wallaby (7Moz) Jupiter (1.3Moz) Slide 9 9
Slide 10: Hawks Nest Project
Laverton area — Hawks Nest Project At Hawks Nest 9 (HN9): ❑ Magnetic Resources have drilled 465 holes for 20,384m and have just released the assays for the deep drilling programme. ❑ Planned drilling – 18 RC for 1,081m • Central thickened porphyry zone • 8 RC holes for 735m • Deepen 5 recent holes f
Slide 11: Hawks Nest 9, soil sampling and planned RC programme
Laverton area — Hawks Nest Project Hawks Nest 9, soil sampling and planned RC programme ❑ A significant 3.0km x 200m mineralised zone has now been confirmed by drilling. The northern part trends NNW and is 2.2km long. In the south it bends to the SSW, is 0.8km long and is open. Follow up drilling is
Slide 12: Hawks Nest 9, soil sampling and planned RC programme
Laverton area — Hawks Nest Project Hawks Nest 9, soil sampling and planned RC programme ❑ In the central part of HN9 there is a distinct bend in the shear zone from SSE to SSW and there is a considerable thickening of the mineralised zone within an altered silicified porphyry. This thickened porphyr
Slide 13: Hawks Nest Soil Sampling completed and planned RC drilling
Laverton area — Hawks Nest Project Hawks Nest 9 Soil Sampling completed and planned RC drilling ❑ A 1300m long WSW-trending geochemical anomaly may be associated with the thickened mineralised porphyry. ❑ The soil geochemical expression correlates well with the gold mineralisation defined by drillin
Slide 14: Lady Julie Project: New acquisition
Laverton area — Lady Julie Project New acquisition (P38/4346, P38/4379–84) ❑ Magnetic Resources has expanded its prospective land holding directly east of HN9, following an option to purchase 7.1 km2 of tenements at the Lady Julie Project. The prospective land position at HN9 increased from 4.2 to 1
Slide 15: Lady Julie Project: Planned drilling
Laverton area — Lady Julie Project Planned drilling ❑ The area covering the Lady Julie and HN9 Projects are well endowed with gold mineralisation and have potential for a mining centre after more drilling is completed. ❑ Several of these mineralised zones are like HN9 and occur within altered porphy
Slide 16: Lady Julie Project: Cross section
Laverton area — Lady Julie Project Cross section ❑ The western half of the Lady Julie Project is typified by shallow dipping and sub horizontal mineralised zones and is proximal to the contact of mafic and intruding porphyry. ❑ The style of mineralisation on the eastern part of the Lady Julie Projec
Slide 17: Lady Julie Project: Planned Drilling
Laverton area — Lady Julie Project Planned Drilling ❑ The most northern mineralised area has had most of the drilling completed. ❑ The mineralisation shows a close association with altered porphyries, similar to HN9, and has had 61 soil samples assayed. ❑ A further 684 soil samples have been collect
Slide 18: Leonora area — Homeward Bound, Christmas Well and Mertondale Project
Leonora area — Homeward Bound, Christmas Well and Mertondale Project Location ❑ 198km2 in the Mertondale region. ❑ Numerous dilation targets at changes in orientation of the Mertondale Shear Zone and parallel shears. ❑ 20km NW of the Cardinia Gold Project (193,000oz) and only 5km west of the Mertond
Slide 19: Homeward Bound South: Soil Geochemistry
Homeward Bound South Soil Geochemistry ❑ The 14km2 tenements comprise granted prospecting licence eight prospecting licences P39/5455,P39/5928-5929, P39/5931-5934, and P37/9144 covering a 5km strike length of the Federation Shear Zone situated 40km east of Leonora. ❑ Significantly, a line of old gol
Slide 20: Leonora area — Mertondale Project: Large Gold Nuggets
Leonora area — Mertondale Project Large Gold Nuggets ❑ In the northern part of the Mertondale tenement more than 70oz of gold nuggets have been located to date. ❑ Nuggets are reported at shallow depths within a lateritic profile. ❑ Two largest nuggets at 11.5oz and 21oz. The 21oz nugget (10cm) repor
Slide 21: Iron Ore Projects: Purchase Agreement with Northam Iron
IRON ORE PROJECTS Purchase Agreement with Northam Iron Pty Ltd ❑ Magnetic Resources still maintains an interest in potentially economic iron ore deposits and mainly focused on Mt Joy, Ragged Rock and Kauring. ❑ A Purchase agreement was signed with Northam Iron following a 3- month due diligence peri
Slide 22: George Sakalidis Managing Director
Magnetic Resources provides a unique opportunity to invest in an emerging gold market within the world- class Laverton region. Active programmes are in progress with HN9 shaping up as a large >3.0km gold system with extensive further shallow drilling programmes continuing. George Sakalidis Managing
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