Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Shareholder Meeting (November 2013)
29 slides from Marmota's shareholder meeting presentation, Nov 19, 2013
Slide 1: Marmota Energy Limited 2013 Annual General Meeting
For personal use only MARMOTA ENERGY LIMITED 2013 Annual General Meeting Copyright Marmota Energy Limited
Slide 2: Forward looking statements
For personal use only Forward looking statements “These materials include forward looking statements. Forward looking statements inherently involve subjective judgement and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside of the control of, an
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Marmota Energy (ASX: MEU) is a diversified mineral exploration and development company with key projects across the Cu‐Ni, Cu‐Au, uranium and iron spaces. Share Price Chart Capital Structure Shares 263 m Options 1.1 m Market Cap (at 2.0cps) A$5.0 m Cash (at 3
Slide 4: Multi commodity value proposition
Multi commodity value proposition For personal use only Marmota’s strategic objective is to increase the value of the company through the discovery and development of new mineral resources. Marmota has a high quality set of exploration assets and growth opportunities. We aim for a multi commodity ex
Slide 5: South Australia Projects
For personal use only South Australia Projects • Uranium • Iron • Copper – Nickel • Copper – Gold
Slide 6: Junction Dam Uranium Project Overview
Junction Dam Uranium Project For personal use only Overview • Part of Marmota’s strong SA uranium portfolio. • Flagship project located adjacent to ISL mine infrastructure, close to Broken Hill. • JV with Teck Australia, PlatSearch, and Eaglehawk Consulting, where Marmota has earned 100% of the uran
Slide 7: Junction Dam location
For personal use only Junction Dam location Uranium One Honeymoon Mine MEU 7
Slide 8: Junction Dam Uranium Project 2012 drilling results
Junction Dam Uranium Project For personal use only 2012 drilling results Grade contour map from • Saffron deposit footprint increases to approximately eight times the size of the drill hole intercepts nearby Honeymoon uranium deposit area. • Campaign results also confirm contiguous grade continuity
Slide 9: Junction Dam 2013 QEMSCAN mineralogical analysis
Junction Dam Uranium Project For personal use only 2013 QEMSCAN mineralogical analysis During 2013, Marmota completed QEMSCAN mineralogical analysis of sample from its cored holes drilled on the Saffron and Bridget prospects. Uranium mineralisation contained within the Saffron deposit and adjoining
Slide 10: Retention Lease Works – Saffron Deposit
Junction Dam Uranium Project For personal use only Retention Lease Works – Saffron Deposit • Process required to meet regulatory approval to undertake field leach trials. • RL works will include baseline investigations of: ∙ Flora and fauna ∙ Groundwater conditions, including aquifer conditions (qua
Slide 11: Mine production does not meet reactor demand
Junction Dam Uranium Project For personal use only Mine production does not meet reactor demand URANIUM FUNDAMENTALS • 435 reactors consumed 175 Mlbs of uranium in 2012. • Mines supply approximately 137 Mlbs. • Supply from secondary sources drops significantly 2013‐14. • 15% shortfall estimated. • B
Slide 12: Durkin copper/nickel project Overview
Durkin copper/ nickel project For personal use only Overview • 100% owned by MEU • Durkin copper/ nickel prospect located on the Pundinya Tenement • Part of potential new nickel province in South Australia • A zone of strong coincident Ni and Cu in calcrete has been defined on the project from surfa
Slide 13: Copper and nickel in calcrete anomalies
Copper in calcrete anomaly Nickel in calcrete anomaly For personal use only
Slide 14: Durkin surface sample results
Durkin copper/ nickel project For personal use only Surface sample results Ag Al Co Cu Mn Mo Pd Easting Northing Cr (ppm) Fe (%) Ni (ppm) Ti (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppb) 378880 6642662 X 15291 39.1 3931 57.4 36.69 231 0.2 360.8 X 471 378880 6642662 X 7876 44.1 2194 47.1 30.12 189
Slide 15: Durkin Phase 1 drilling results
Durkin copper/ nickel project For personal use only Phase 1 Drilling results • Seven drill holes intercepted thick intervals of nickel and copper. • Nickel grades of up to 1.38% Ni returned from assay of individual metre samples from two drill holes. • Shallow mineralisation starting at 22 metres de
Slide 16: Durkin is part of large new nickel province
Durkin copper/ nickel project For personal use only Durkin is part of large new nickel province in SA’s Gawler Craton • Petrological analysis concluded that the mafic rock types at Durkin are similar to the mafic‐ultramafic rocks at other nearby nickel prospects • The analysis confirms that the mafi
Slide 17: Model for nickel sulphides
Durkin copper/ nickel project For personal use only Interpreted mantle tapping structures with potential to act Model for Nickel Sulphide’s as fluid pathways Nickel sulphide ores are associated with • Mafic/ ultramafic rocks • Large magmatic complexes • Mantle tapping structures Sulphides occur on t
Slide 18: Durkin forward Exploration Plan
Durkin copper/ nickel project For personal use only Durkin forward Exploration Plan • Infill ground geophysical surveys planned along defined zone of nickel mineralisation • Surveys will be conducted as part of a coordinated program (currently underway) which will also include surveys at other Marmo
Slide 19: Indooroopilly Project Overview
Indooroopilly Project For personal use only Overview • 100% Marmota Energy • Drill targets have been identified on the project with potential for copper and gold mineralisation • The project is strategically located west of the Kingsgate’s Challenger Gold Mine, which produces 100,000 oz gold annuall
Slide 20: Moonbi tungsten discovery
Indooroopilly Project For personal use only Moonbi tungsten discovery • Six drill holes with the largest intercept extending for more than 50 metres to end of hole in drill hole MRC006. • The results from hole MRC006 have higher grade tungsten intervals located within significant widths of lower gra
Slide 21: Melton Copper-Gold projects
Melton Copper‐Gold projects For personal use only • Significant copper grades intersected in drilling at the Melton copper‐gold project on South Australia’s Yorke Peninsula • Results include 9 metres at 1.03% copper including 1 metre at 2.25% copper and 0.46 g/tonne gold intersected in drill hole MI
Slide 22: Melton Miranda Target
Melton Copper‐Gold projects For personal use only Miranda Target – Large Miranda Cu prospect 2011 drilling magnetic body extending to Depth Miranda target Phase 1 and 2 assay results schematic. Miranda total magnetic intensity image with drill hole locations shown and copper intercepts down hole dis
Slide 23: Melton 2013 sampling program results
Melton Copper‐Gold projects For personal use only West 2013 sampling program results Melton Melton • Significant copper‐in‐calcrete results from infill sampling completed on West Melton and Melton EL’s • Coincident copper and gold‐in‐calcrete results associated with high frequency geophysical target
Slide 24: Iron projects
Iron projects For personal use only Western Spur Lake Anthony/ Mt Christie
Slide 25: Western Spur
Western Spur For personal use only • Good road access • Rail infrastructure nearby with gas fields to the north, coal mine to the south • Traditional owner clearance completed • Zone of iron outcrop extends for approximately 6.5 km • Drill hole logs which define intervals of iron mineralisation inte
Slide 26: Lake Anthony / Mt Christie
Lake Anthony / Mt Christie For personal use only • Good access to infrastructure • Discovery of iron outcrops within the southern portion of the Lake Anthony project area • Reconnaissance samples collected from the outcrop all contain high iron grades, ranging up to 82% Fe2O3 (58.2% Fe) • Low levels
Slide 27: Summary
Summary For personal use only • Marmota has demonstrated that it has a robust and successful exploration methodology that can be applied to a variety of commodities across different terrains. • Marmota exploration operations are conducted with high standards of safety, and a strong priority is also
Slide 28: Marmota Energy Limited
For personal use only MARMOTA ENERGY LIMITED ASX CODE: MEU www.marmotaenergy.com.au The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr D J Calandro, who is a Member of the Australian Institute of Geoscientists.
Slide 29: For personal use only
For personal use only