Slide 1: Advanced Nickel Sulphide Exploration in Western Australia
ADVANCED NICKEL SULPHIDE EXPLORATION IN WESTERN AUSTRALIA RIU Explorers Conference – February 2020
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Auroch Minerals Ltd (Auroch or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presentation
Slide 3: Building a Strong Nickel Sulphide Explorer
BUILDING A STRONG NICKEL SULPHIDE EXPLORER FOCUSED AGGRESSIVE EXPLORER CORPORATE OVERVIEW Money into the ground to ensure every MARKET CAP SHARES OUTSTANDING chance of exploration success. $8.8M @$0.066 132.9M EXPERIENCED AND DEDICATED TEAM CASH OPTIONS History of success in Ni sulphide exploration
Slide 4: Quality Australian Nickel Sulphide Projects in the Best Location Globally
QUALITY AUSTRALIAN NICKEL SULPHIDE PROJECTS IN THE BEST LOCATION GLOBALLY SAINTS & LEINSTER NICKEL PROJECTS • Located in the Norseman-Wiluna Greenstone Belt, home to some of the best nickel sulphide deposits globally. • Excellent access via Goldfields Highway, and close to established mining and pro
Slide 5: Saints Nickel Project
SAINTS NICKEL PROJECT SIGNIFICANT HIGH-GRADE NICKEL SULPHIDE RESOURCE WITH MAIN FEEDER CHANNEL MINERALISATION STILL TO BE DISCOVERED. • Two mining leases (MLs) comprising 20km2 of prospective Archaean greenstones. • Limited historical exploration since 2009. • 15km north of the historic Scotia mine
Slide 6: Saints Nickel Project: Long Section & Drilling Results
SAINTS NICKEL PROJECT LONG SECTION & DRILLING RESULTS - 3,000M “RECONNAISSANCE” DRILLING PROGRAMME COMPLETED. • Confirmed high-grade massive Ni sulphide • Defined strong new DHEM drill targets. mineralisation. • Multi-element data critical for targeting • Extended St Patricks and Western possible “m
Slide 7: Litho-Geochemical Review: Targeting Channels
SAINTS NICKEL PROJECT LITHO-GEOCHEMICAL REVIEW: TARGETING CHANNELS • Ni sulphide expert geologist Peter Muccilli working with Auroch technical team to vector in on possible main channel mineralisation • Litho-geochemical review of all drill-holes to-date: • New geological interp that opens-up opport
Slide 8: Updated Geology Map: New Opportunities
SAINTS NICKEL PROJECT UPDATED GEOLOGY MAP: NEW OPPORTUNITIES • Key “ingredients” for significant Kambalda-style Ni sulphide deposit: þ 1. Magnetic “highs” sitting on basal contact þ 2. Ni sulphide occurrences in the immediate region þ 3. Mineralised basal flow (high tenor Ni sulphides) 4. “Economic”
Slide 9: High-Priority Channel Targets
SAINTS NICKEL PROJECT HIGH-PRIORITY CHANNEL TARGETS • Each of the 7 identified channels and emerging channels providing exciting advanced drill-ready targets 9 WWW.AUROCHMINERALS.COM
Slide 10: Leinster Nickel Project
LEINSTER NICKEL PROJECT LEINSTER NICKEL PROJECT HAS EXISTING RESOURCES AND EXCELLENT EXPLORATION POTENTIAL IN THE RENOWNED LEINSTER NICKEL DISTRICT. • Two exploration licences (ELs) comprising 112km2 of prospective Archaean greenstones. • Very limited historical exploration since early 2000’s. • His
Slide 11: Leinster Nickel Project: Valdez Prospect
LEINSTER NICKEL PROJECT VALDEZ PROSPECT • The Valdez Prospect is located northeast of the Horn and along strike from the Waterloo nickel sulphide deposit owned by Saracen (ASX:SAR): 689.3kt @ 2.1% Ni for 14.4kt Ni. • Historic drilling is shallow yet has identified nickel sulphides up to 0.5% Ni with
Slide 12: Exploration Programmes
EXPLORATION PROGRAMMES AGGRESSIVE SCHEDULE TO CONSISTENTLY DELIVER RESULTS & NEWS FLOW 2020 Q1 Q2 Q3 Q4 SAINTS NICKEL PROJECT AC Drilling RC/Diamond Drilling DHEM Resource Update/ Scoping Study LEINSTER NICKEL PROJECT AC Drilling RC/Diamond Drilling DHEM 12 WWW.AUROCHMINERALS.COM
Slide 13: Nickel Market Update
NICKEL MARKET UPDATE EMERGING DEMAND-SUPPLY DISCONNECT FOLLOWING ORE-EXPORT BANS & INCREASED CONSUMPTION HABIT Significant Demand-supply Disconnect Emerging With Nickel Inventories Surpassing Five Year Lows: Driven by renewed 2020 Indonesian ore export bans, electric vehicles and limited new sources
Slide 14: Why Invest Now?
WHY INVEST NOW? AUROCH HOLDS TWO PROSPECTIVE DRILL READY FOR A 1H 2020 EXPLORATION NICKEL PROJECTS, Saints and Leinster, in PROGRAMME AT THE SAINTS DEPOSIT, aimed at the highly mineralised Norseman-Wiluna finding the “feeder” channel(s) and materially Greenstone Belt of Western Australia. increasing
Slide 15: Contact
CONTACT Mr Aidan Platel Managing Director E: aplatel@aurochminerals.com M: +61 400 190 005 1A/1 Alvan Street Subiaco WA 6008 T: +61 8 6555 2950 F: +61 8 6166 0261