Impact Minerals Limited · ASX:IPT
Impact Minerals — Investor Presentation (October 2019)
24 slides from Impact Minerals's investor presentation, Oct 25, 2019
Slide 1: Blackridge Perth HQ October 2019
For personal use only Blackridge Perth HQ October 2019
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement For personal use only What You Should Know Find out more – This presentation is being used as a presenter’s aid with summarised information. See Impact’s other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange,
Slide 3: Five characteristics lead to a unique opportunity
Five characteristics lead to a unique opportunity 1. Large tonnages of free digging material. Cheap to mine. For personal use only 2. Extensive coarse low grade gold with high grade “leads”. 3. >98% of gold recoverable by gravity methods. Cheap to process. 4. Trial mining royalty stream agreement si
Slide 4: Miclere Gold Field: A nearby analogy
Miclere Gold Field: A nearby analogy. Capex <$1 million For personal use only >95% gold in first sluice 4
Slide 5: Large nuggets are the cream
Large nuggets are the “cream” For personal use only Gold is not the property of Impact Minerals. 5
Slide 6: Bulk Mining Potential: much of waste may be ore
Bulk Mining Potential: much of “waste” may be ore! First open pit in the region For personal use only 5 4 3 2 0.1 g/t-0.5 g/t Main Target 10 g/t gold 1 (150 m away) Unconformity Units above main target layer contains variable low grade gold. 6
Slide 7: Introducing Impact Minerals
Introducing Impact Minerals (ASX:IPT) For personal use only Capital Structure Shareholders Listed on ASX November 2006 Bunnenberg Family 15% Shares on Issue 1,321 million Squadron Resources 15% Options/Warrants 500m listed 4c 15/06/20 ABC Beteiligungen 14% IPTOA 75.5M unlisted Executive Directors 3.
Slide 8: Blackridge Gold Project – Clermont, Queensland
Blackridge Gold Project – Clermont, Queensland For personal use only • Queensland is an important mining jurisdiction. • Clermont is a major coal mining centre. • Excellent infrastructure: roads power and water. • Black Ridge lies at the northern end of a major extensional structure controlling the
Slide 9: Poorly explored and ignored for years
Poorly explored and ignored for 25 years For personal use only 2,000 m 2 or 3 units? Main target 1,200 m Untested targets And what about the 250 Mt of 9 “waste”?!
Slide 10: Blackridge Project: Cheap entry price
MICLERE 5 km Blackridge Project: Cheap entry price For personal use only • Covers 100 sq km including 25 km of strike and at least 30 sq km of prospective units. • 100% owned Exploration Licence. • Option to purchase 95% of four Mining Lease Applications and one EPM for $230,000. (remaining $200,000
Slide 11: What was mined at Blackridge? – Gold Nuggets
What was mined at Blackridge? – Gold Nuggets For personal use only Bottom 2 metres of the Bantam Shaft Gold is not the property of Impact Minerals. Gold is not the property of Impact Minerals. 11
Slide 12: Why has it been ignored? An outdated exploration model
Why has it been ignored? An outdated exploration model For personal use only 12
Slide 13: Why has it been ignored? An outdated exploration model
Why has it been ignored? An outdated exploration model For personal use only PhD!! Gold is not the property of Impact Minerals. 13
Slide 14: Why has it been ignored? An outdated exploration model
Why has it been ignored? An outdated exploration model For personal use only PhD!! 14
Slide 15: Why has it been ignored? An outdated exploration model
Why has it been ignored? An outdated exploration model For personal use only PhD!! 15
Slide 16: It's all in the nuggets!
For personal use only Gold is not the property of Impact Minerals. 16 Its all in the nuggets!
Slide 17: The Challenge of Coarse Gold: The Nugget Effect
The Challenge of Coarse Gold: The Nugget Effect For personal use only The larger the nugget effect, the larger the sample required to get an estimate of grade. No large samples have been taken at Blackridge prior to IPT 17
Slide 18: Bulk Sampling Programme June 2019
Bulk Sampling Programme June 2019 – 14 Samples of 10-14 tonnes For personal use only Free digging: soft weathered rock. Cheap to mine! Target unit clearly identified. Two metre samples taken around the contact. 18
Slide 19: Recovery of >98% of the gold! Cheap to process
Recovery of >98% of the gold! Cheap to process. For personal use only Mowing the lawn High Tech! 19 Valuable Tailings
Slide 20: Great Results! Fox's Lead panned samples
Great Results! For personal use only 20 FOX’S LEAD PANNED SAMPLES
Slide 21: Bulk mining potential
Bulk mining potential For personal use only • Old timers mined high grade “runs” >15 g/t that are over 1,500 metres long. • Large areas untested by drilling and miners. Area tested • Non-JORC resources defined at Daintree and at 1,000 m strike Springs on MLA’s. • Bulk samples returned gold >0.1 g/t
Slide 22: Next Steps
Next Steps • Stage 1 Q4: Trial Mining on granted ML. For personal use only Deal signed to mine up to 1.6M tonnes. • Diamond drill holes to reconcile against mining. • Stage 2 Q1-Q2: Grant of four other Mining Lease Applications will allow access to near surface gold. • Stage 3: Scoping study to star
Slide 23: Commonwealth copper-gold project
Commonwealth For personal use only Copper-gold project Review in immediately progress adjacent to Alkane’s Boda discovery 23
Slide 24: Compliance Statement
Compliance Statement For personal use only All drill results and other relevant Exploration Results have been previously reported to the ASX. Key announcements referred to in this presentation are: 1. October 8th 2019: Trial Mining at the Blackridge Gold Project, Clermont Queensland. 2. September 18
Impact Minerals — Investor Presentation (October 2019) on 6ix