Power Minerals Limited · ASX:PNN
Power Minerals — PepinNini Minerals — SAREIC (May 2014)
16 slides from Power Minerals's conference presentation, May 7, 2014
Slide 1: Deploying technical innovation to unlock South Australia's Musgrave Province
For personal use only PepinNini Minerals Ltd Deploying technical innovation to unlock South Australia’s Musgrave Province Presentation to SAREIC Rebecca Holland-Kennedy – Managing Director Todd Williams – Musgrave Project Geologist 7 May 2014
Slide 2: Disclaimer and Competent Persons Statement
For personal use only Disclaimer and Competent Persons Statement The information in this presentation is published to inform you about PepinNini Minerals Limited and its activities. All reasonable effort has been made to provide accurate information, but we do not warrant or represent its accuracy a
Slide 3: PepinNini (PNN) – An overview
For personal use only PepinNini (PNN) – An overview Established explorer, diversified minerals and geographic exposure • Quality exploration portfolio – Diversification across mineral type: Ni, Cu, Fe, U, Au, Ag, Platinum Group, base metals – Strategic locations – Variety of mineralised styles • Low
Slide 4: Musgrave: South Australia's untapped resource
For personal use only Musgrave: South Australia’s untapped resource • Overlying key gravity ‘highs’ that host significant Ni-Cu mineralisation in WA • Closer to major infrastructure than WA peers • No mines established yet • PepinNini tenures very well positioned – Large land package (9600km2) – 10
Slide 5: PNN's rejuvenated exploration model
For personal use only PNN’s rejuvenated exploration model • Accelerated and cost-effective refinement of targeting criteria (1) (2) (3) • R&D collaboration – CSIRO – PepinNini – DMITRE – Adelaide University • Re-focused exploration (1) (2) (3)
Slide 6: Deploying technical innovation to refine target mapping
Deploying technical innovation For personal use only to refine target mapping Fixed wing high-moment electromagnetic system • CSIRO co-funded regional airborne EM • $500k funding commitment • Cost-effective and rapid delineation of target areas • Developed by Anglo American for regional target gener
Slide 7: PNN and Musgrave - a recap
For personal use only PNN and Musgrave - a recap • High-priority conductivity (AEM) targets identified: – Cooperinna (100% PNN) – Woodroffe (Rio Tinto JV) • Follow-up ground EM, geological mapping and vacuum drilling completed during 2013 field season • Ni-Cu targets drill tested at five sites – Ven
Slide 8: Marrawah targets refined
For personal use only Marrawah targets refined Drilling at Marrawah (Q4 2013) identified magmatic sulphide system Marrawah • Potential central feeder dyke to Caroline Intrusion (analogous to Voiseys’ Bay) Caroline Intrusive Complex Marrawah location on SkyTEM Magnetics
Slide 9: Significant sulphides found at Marrawah
For personal use only Significant sulphides found at Marrawah Significant massive, matrix and disseminated sulphide in ultramafic host rock • Pyrrhotite, pyrite and chalcopyrite • Drill results 9m @ 0.15% Cu and 381ppm Ni, including 1m@ 0.25%Cu, from 84 metres Marrawah x-section Massive sulphide in
Slide 10: Positive momentum at Cooperinna
For personal use only Positive momentum at Cooperinna Alma VTEM targets • Contaminated mafic dyke of ‘Giles’ age identified in Yagen VTEM targets ‘Giles’ Mafic Felsic Gneiss outcrop at Yagen and Alma • Xenoliths evident Ni soil geochemistry • Coincident Ni-Cu anomalism in vacuum soil geochemistry 3D
Slide 11: PNN and CSIRO - Unlocking new ground at Musgrave
PNN and CSIRO - For personal use only Unlocking new ground at Musgrave More than 85% of EL5220 ‘Caroline’ and ELA ‘Anerinna Hills’ unexplored • No existing regional airborne EM • Untested gravity lineament • Favorable geological setting • Multiple magnetic dipole ‘bulls-eye’ features located at inte
Slide 12: Musgrave – a high-potential prospect for PNN
For personal use only Musgrave – a high-potential prospect for PNN Large tenement holdings – significant terrain, promising geology Successful exploration methodology - Massive sulphides identified within prospective rocks Momentum building - Ambitious target generation and drill test focus for 2014
Slide 13: Salta Province (Argentina)
For personal use only Salta Province (Argentina) Overview Two projects, 100% owned 12 tenements, 400 km2 Mining-friendly province, well regulated Strategic location - Andean belt – BHP Escondida Cu-Au porphyry deposit 80km to northwest – Close to gas pipeline, high-transmission power lines, Salta-An
Slide 14: Strong prospect, momentum building
For personal use only Strong prospect, momentum building • Mapping, sampling and geophysics • Two targets delineated: – El Obsequio (‘The Gift’) - max values Cu 21.7%, Au 0.9g/t, Ag 26.4% at outcrop – La Recompensa (‘The Reward’) - deeper body • Recently completed IP survey – Expect results in June,
Slide 15: Financial Snapshot, April 2014
For personal use only Financial Snapshot, April 2014 Apr 2014 Highlights Shares on issue 120,437,041 • Cash position – $0.57m reserves Options on issue 41,158,105 Top 20 shareholders 59.97% – Entitlements issue underway – Seeking to raise up to $1.53m, 1.9c/share Cash PNN reserves $0.57m • Expect ex
Slide 16: Thank you
For personal use only Thank you