Orion Minerals Limited · ASX:ORN
Orion Minerals — Orion Gold NL — Investor Presentation (April 2013)
25 slides from Orion Minerals's investor presentation, Apr 12, 2013
Slide 1: Now At The Hottest Address in Australia
For personal use only ASX Code: ORN Now At The Hottest Address in Australia • New Fraser Range Project located between Tropicana Gold Project and Nova Nickel-Copper Project • Barely explored despite immense nearby success • Aeromagnetic survey set to commence; extensive drilling scheduled for later
Slide 2: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements • Certain statements contained in this presentation, including information as to the future financial or operating For personal use only performance of Orion Gold NL and its projects, are forward-looking statements. Such forward-looking statements: • are nec
Slide 3: Highly Experienced Team
Highly Experienced Team The Board For personal use only Denis Waddell Chairman Chartered Accountant. Extensive experience in the management of exploration and mining companies. Founding director of Tanami Gold NL from 1994 until November 2012. Previously Finance Director – Metana Minerals Group. Err
Slide 4: An Australian Gold and Nickel Explorer
An Australian Gold and Nickel Explorer • Walhalla Gold Project – world-class gold field in For personal use only Victoria with +4Moz historic production – new emphasis on related Cu, Ni, PGE • Fraser Range Gold-Nickel Project – located in the emerging Fraser Range Belt, between two of the most signi
Slide 5: Fraser Range Project: The Right Neighbourhood
Fraser Range Project: The Right Neighbourhood • Binding heads of agreement to acquire Kamax For personal use only Resources • Kamax controls +900 km² of granted exploration licences in the Fraser Range Province / Tropicana Gold Belt, with a further 700km2 under application • Tropicana Gold Belt host
Slide 6: Fraser Range: The Tropicana Structure
Fraser Range: The Tropicana Structure Representative section through the Tropicana Gold Mine “TGM” For personal use only • Initial mineralisation model for Tropicana was a shallow, east- dipping system • Steep-dipping high grade mineralisation has been delineated in drilling along strike from the Tr
Slide 7: Fraser Range Project: Structural Targets
Fraser Range Project: Structural Targets • The Project lies directly on the For personal use only Cundeelee Fault – a major regional structure likely to be a key regional Northern Foreland (reworked Yilgarn Craton) control on mineralisation • Despite this prime location structural AREAS OF INTEREST
Slide 8: Fraser Range Project: Parallels with Tropicana
Fraser Range Project: Parallels with Tropicana • Extensive low-level gold geochemical For personal use only anomalies have been delineated within the Project (30,277 surface samples collected) 14km • The Tropicana Deposit was discovered during drilling of a similar low-level surface gold anomaly • O
Slide 9: Fraser Range: The Nickel Potential
Fraser Range: The Nickel Potential For personal use only • Sirius Resources’ Nova Nickel-Copper discovery is a magmatic sulphide deposit hosted in a mafic intrusive, with associated brecciation and bounded by a pyroxene-garnet gneiss • Lithologies intersected in RC drilling on E39/1653 included mafi
Slide 10: Fraser Range: Defining and Drilling Targets This Year
Fraser Range: Defining and Drilling Targets This Year Proposed Expenditure $ (Million) For personal use only Aeromagnetic Survey $ 0.5 Surface Sampling (Ni Targets) $ 0.2 Drilling (Excludes $100k co-funding from WA Government) $0.4 Airborne VTEM Survey (Ni Targets) $ 0.15 TOTAL $ 1.25 • Detailed aer
Slide 11: Walhalla Gold Project, Victoria
Walhalla Gold Project, Victoria Highly Prospective Region Walhalla-Woods Point Goldfield – significant regional, historical For personal use only high-grade gold production - +4Moz @ >25g/t past production - Continuous reef-style mineralisation - 75km prospective strike length - Existing total Indic
Slide 12: Walhalla: A Model for Gold and Polymetallics
Walhalla: A Model for Gold and Polymetallics Co-genetic model for Au + Polymetallics For personal use only Modified after Jowitt, Keays, Jackson, Hoggart, Green : Journal Econ Geol. 2012 12
Slide 13: Walhalla: New Structural Interpretation of Cohen's Trend
Walhalla: New Structural Interpretation of Cohen’s Trend Historical Exploration target 1 Target (refer Appendix 2) For personal use only Production2 Walhalla Proximal Au ozs Au ozs Regional 500,000 - 1,000,000+ Cohen’s Reef 1,400,000 (existing 120,000 oz resource – refer Appendix 1) Longfellows 50,0
Slide 14: Aurora Flats Epithermal Project, Queensland
Aurora Flats Epithermal Project, Queensland For personal use only • New project located in central Eastern Queensland • Occurs on same geological structures as other significant epithermal systems on eastern margin of Bowen Basin: • Cracow • Rannes • Mt Mackenzie • Hamilton Park / Waitara • Mt Carlt
Slide 15: Aurora Flats Epithermal Project, Queensland
Aurora Flats Epithermal Project, Queensland Typical vertical metal zonation in low sulphidation epithermal gold For personal use only Interpreted erosional level for key prospects in ORN project areas Modified after: Corbett & Leach, 1997 (Southwest Pacific rim gold copper Metal Zonation systems: St
Slide 16: Aurora Flats Epithermal Project, Queensland
Aurora Flats Epithermal Project, Queensland • Recently applied for new tenements in Queensland covering 560km² For personal use only • Located within geological and structural setting very similar to significant epithermal gold systems (Cracow, Mt. Carlton) 100 -200m near- surface with characteristi
Slide 17: Orion: Corporate Summary
Orion: Corporate Summary • Major corporate restructuring and recapitalisation including 1-for-40 For personal use only share consolidation completed Capital Structure Summary Shares on Issue 127.6M Options on Issue 55.9M Market Capitalisation $14M (at 11cps) Cash on Hand (as at 31 March) $2.4M Debt
Slide 18: Orion: Reasons to Invest
Orion: Reasons to Invest For personal use only • Restructured and re-energised explorer • Highly experienced team • Aggressive exploration program in the midst of the Tropicana-Nova region • Drilling aimed at generating newsflow and share price catalysts this year • Drilling now underway at Walhalla
Slide 19: Now At The Hottest Address in Australia
For personal use only ASX Code: ORN Now At The Hottest Address in Australia • New Fraser Range Project located between Tropicana Gold Project and Nova Nickel-Copper Project • Barely explored despite immense nearby success • Aeromagnetic survey set to commence; extensive drilling scheduled for later
Slide 20: Appendix: Reported Gold Resources
For personal use only APPENDIX 1 REPORTED GOLD RESOURCES 20
Slide 21: Orion Gold NL – In situ Mineral Resources at June 2012
Orion Gold Orion Gold NL – In situ Mineral Resources at 30 June 2012 For personal use only Deposit Cut-off Measured Indicated Inferred Total Au g/t Tonnes Au g/t Tonnes Au g/t Tonnes Au g/t Tonnes Au g/t Ounces Au Tubal Cain 4 --- --- 177,000 7.7 680,000 10.5 857,000 9.9 273,400 Eureka 4 --- --- 36,
Slide 22: Appendix: Exploration Targets – Walhalla
For personal use only APPENDIX 2 Exploration Targets – Walhalla 22
Slide 23: Exploration Target Styles – Walhalla–Woods Point Goldfield
Orion Gold The Exploration Targets Orion seeks in the Walhalla – Woods Point Goldfield are of two principal styles as For personal use only exemplified by many historical mines and records in the field. These can be described as : 1. Structurally Controlled: - typified by quartz reefs in folded host
Slide 24: Exploration Target Parameters Definition
Orion Gold Orion Gold NL – Exploration Target Parameters Definition For personal use only Historical Recorded Production Exploration Target Parameters DEPOSIT Au Au Length Au Potential Contained Au Tonnes g/t ozs m Widthm Depth m Tonnes g/t ozs 500,000 - 1,000,000+ Cohen’s Reef 1,400.000 40 1.5 Mill
Slide 25: Competent Persons Statement
Orion Gold Competent Persons Statement For personal use only • The information in this report that relates to Western Australian Exploration Results are based on information compiled by Mr Bill Oliver, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy and the