Slide 1: The Eastern Eyre Copper Project
Renascor Resources Limited ASX code: RNU For personal use only The Eastern Eyre Copper Project Presented at the Australian Copper Conference Brisbane, 16 June 2015 David Christensen, Managing Director Renascor Resources 1
Slide 2: Recent drilling propels Extension Tank to advanced prospect
Renascor Resources Limited For personal use only Recent drilling propels Extension Tank from stand-out target to advanced prospect for Prominent Hill-style deposit within world class Olympic Dam copper province • Upcoming drilling to target yet-untested “discovery” zone defined by high-density gravi
Slide 3: Corporate profile
Corporate profile For personal use only • ASX code RNU • Shares on issue (12 Jun 15)* 163.3m Board of Directors • Cash (31 Mar 15) $0.255m • Capital raising proceeds** $1.5m - $1.838m Stephen Bizzell (Chairman) • Share price (12 Jun 15) $0.023 • 12 month range $0.015-$0.05 David Christensen (MD) • M
Slide 4: Investment Highlights
Investment Highlights For personal use only Advanced, Large-Scale Copper Prospect - Recent drilling confirms Extension Tank as major Prominent Hill-style prospect IOCG alteration and copper (8m @ 0.45%) over untested, stand-out gravity target Unique for first-pass drilling of IOCG targets in dis
Slide 5: Olympic Dam Belt
Olympic Dam Belt Renascor holds an enviable and developing tenement package in a major copper province For personal use only Prominent Hill 210 Mt @ 1.22% Cu from ~100m depth, discovered 2001 Olympic Dam 9,500 Mt @ 0.82% Cu from ~300m depth, discovered 1975 Carrapateena/Khamsin 1,000 Mt @ 0.80% Cu f
Slide 6: Eastern Eyre Project: All the portents for success
Eastern Eyre Project All the portents for success For personal use only Renascor’s Eastern Eyre Large copper deposits in South Australia Project Location: Olympic Dam corridor ✔ Geology: Host rock associated with Hiltaba granites ✔ Geologic Geology: Gawler Range Volcanics ✔ signature Geological Age:
Slide 7: Advanced IOCG prospect
Extension Tank Advanced IOCG prospect For personal use only Distinctive, highly prospective IOCG prospect - Few targets in Olympic Dam domain demonstrate confluence of: gravity + magnetics + copper + IOCG alteration Untested high-density zone offers immediate Prominent Hill-style discovery t
Slide 8: Standout gravity anomaly adjacent to magnetic zone
Extension Tank Standout gravity anomaly adjacent to magnetic zone For personal use only - High amplitude (6MGal) gravity anomaly within Roopena fault zone - Gravity–magnetic association typical of IOCG - Directly comparable to Prominent Hill IOCG deposit (Oz Minerals) Highly prospective for large, h
Slide 9: Recent drill results
Extension Tank Recent drill results For personal use only Strong copper and hematite alteration - Hole RC001: sulphide mineralisation, including 8m at 0.45% Cu (from 64m) - Hole RC002: hematite alteration and anomalous Cu from 120m to end-of-hole (162m) Distinctive combination of Hole 14RETRC001. Sa
Slide 10: Comparison to other hematite IOCGs
Extension Tank Comparison to other hematite IOCGs For personal use only Khamsin deposit* - Early results: initial gravity targets intersect IOCG alteration and low-level (<0.2%) copper (SASC-04,KH001,KH002) - Led to nearby discovery hole within western margin of gravity anomaly (KMS008) Extension Ta
Slide 11: Next phase drill targets: high density zones
Extension Tank Next phase drill targets: high density zones For personal use only - High-density zones untested - Immediate drill-ready targets - Shallow (~200m) depth - Renascor awarded government - Ample scale for large deposit grant to co-fund drill costs Extension Tank – Gravity contours (vertic
Slide 12: Detailed geophysics upgrades targets
Extension Tank Detailed geophysics upgrades targets For personal use only - Infill gravity coverage shows strengthening and extension of high-density zones to south - Detailed ground magnetic survey confirms strong E-W magnetic zone immediately north of peak gravity zone - Strengthens potential Prom
Slide 13: Next phase drill targets: IP chargeability zone
Extension Tank Next phase drill targets: IP chargeability zone For personal use only IP targets - Tested by WMC in 1990s - Renascor’s recent drilling suggests WMC’s shallow drilling did not reach fresh basement - Untested sulphide target beneath earlier drilling (from ~60m) Drill ready targets for f
Slide 14: Eastern Eyre Project: Prospect pipeline
Eastern Eyre Project Prospect pipeline For personal use only Additional high-priority copper targets for 2015 - Roopena-Angle Dam fault (+40km) - Mineralised system with limited historical exploration - On-going reconnaissance programs have upgraded multiple gravity/magnetic targets - Initial drill-
Slide 15: Work Program
Work Program For personal use only 2015 Q2 Q3 Q4 Activity A M J J A S O N D Extension Tank Pre-drilling preperatory work RC/diamond drilling Follow-up geophysics Other Prospects Pre-drilling preperatory work RC drilling Diamond drilling Note: (1) Dates are indicative only and subject to change witho
Slide 16: Summary
Summary For personal use only • Advanced, well-defined IOCG prospects at Extension Tank • Credentialed team with track record of exploration success • Confidence underpinned by recently completed cornerstone placement and partially underwritten entitlement offer Renascor Resources 16
Slide 17: Important notice
Important notice For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reason