Tyranna Resources Limited · ASX:TYX
Tyranna Resources — RIU Explorers Conference 2017
20 slides from Tyranna Resources's conference presentation, Feb 23, 2017
Slide 1: Jumbuck Gold Project - RIU Explorers Conference Presentation
- EXPLORING FOR LARGE HIGH GRADE GOLD DISCOVERY For personal use only - GROWING CURRENT GOLD RESOURCES JUMBUCK GOLD PROJECT RIU EXPLORERS CONFERENCE PRESENTATION 23 February 2017
Slide 2: Corporate Overview
CORPORATE OVERVIEW Capital Structure Share Price : TYX For personal use only Current Share Price1 2.6cps Shares on Issue 398m Market Capitalisation $10.3m Cash2 $3.2m Listed investments3 $2.1m Enterprise Value $5m Board & Management Joseph Pinto Non Executive Chairman Bruno Seneque Managing Director
Slide 3: Tyranna's Asset Portfolio
TYRANNA’S ASSET PORTFOLIO For personal use only THE JUMBUCK GOLD PROJECT
Slide 4: Dominant Landholding
DOMINANT LANDHOLDING For personal use only • Tyranna controls +9,700km2 surrounding the Challenger Gold Mine • $20M spent historically on exploration • Resurgence in activity in Western Gawler Craton • Tyranna has largest and most prospective land holding at Jumbuck THE JUMBUCK GOLD PROJECT
Slide 5: Challenger Gold Mine
CHALLENGER GOLD MINE • >1Mill oz @ 6g/t Au since 2002 For personal use only • 108,000Oz @ 9.52g/t Au at its peak (2005-06) • High grade gold - surface to 1km • New zones discovered during mining • Challenger mill = toll treating opportunity for Tyranna • Regional exploration since discovery has been
Slide 6: Priority Prospects
PRIORITY PROSPECTS 71% / WPG 29% For personal use only THE JUMBUCK GOLD PROJECT
Slide 7: Tyranna's Maiden Gold Resource
Tyranna’s Maiden Gold Resource For personal use only THE JUMBUCK GOLD PROJECT
Slide 8: Jumbuck Southern Prospects
Jumbuck Southern Prospects Typhoon/Monsoon/Black Knight • Priority targets to be For personal use only drilled first up in March 2017 Typhoon Monsoon Black Knight THE JUMBUCK GOLD PROJECT
Slide 9: Typhoon
Typhoon For personal use only THE JUMBUCK GOLD PROJECT
Slide 10: Typhoon Drilling
Typhoon Drilling First to be drilled in March 2017 For personal use only Drilling to focus on: • Down-plunge to the NE • Beneath current shallow drilling in to fresh rock to locate primary mineralisation • Test above highest grade calcrete point (426ppb Au) where current drilling is patchy • Souther
Slide 11: Monsoon
For personal use only Monsoon To be drilled after Typhoon in March 2017 Located 1.5km from Typhoon Highlight intercepts include : 12m @ 2.2g/t Au from 30m 14m @ 1.1g/t Au from 35m inc. 1m @ 8.1g/t Au from 44m 6m @ 3.9g/t Au from 36m Soils Legend No RC drilling to date Au (ppb) Calcrete geo
Slide 12: Black Knight
Black Knight To be drilled after Monsoon in For personal use only April 2017 Calcrete sampling completed in Nov 2016 enhancing prospectivity Walk up drill targets now confirmed Sparsely explored with little calcrete sampling prior to TYX THE JUMBUCK GOLD PROJECT
Slide 13: Northern Jumbuck Project Area
Northern Jumbuck Project Area For personal use only • Only 37 kms to Challenger Gold Mill • New discovery at Greenewood in 2016 • 2017 focus to grow resources Middlewood • Middlewood - Extensive calcrete and air core drilling to test continuous interpreted offset structures THE JUMBUCK GOLD PROJECT
Slide 14: Greenewood - Tyranna's First Significant Discovery
Greenewood Tyranna’s First Significant Discovery For personal use only • Increase resource by infill drilling in zones along strike • Increase resource by deeper drilling down-dip • Increase resource by northern extensional drilling to follow up hole 073 – 8m@3.35g/tAu • Strike increased to 620m Hig
Slide 15: Campfire Bore - Highest Grade Gold Hits to Date
Campfire Bore Highest Grade Gold Hits to Date For personal use only • Increase resource by drilling 200m untested strike south of 16CBDH001 – 19m@1.01g/tAu inc 7m@1.9g/tAu • Central zone open at depth. To be drill tested – potential to increase resource. • Structure open to the north • Mineralised s
Slide 16: Campfire Bore - Primary Zone Discovered
Campfire Bore Primary Zone Discovered – Potential to Increase Resource For personal use only • Primary zone discovered 16CBDH001 – 19m@1.01g/tAu inc 7m@1.9g/tAu • To be drilled to test down dip continuity = potential to increase resource • Resampling of diamond core resulted in identification of hig
Slide 17: Wilcherry Project JV - Alliance Resources/Tyranna
Wilcherry Project JV – Alliance Resources/Tyranna Tyranna 49% : Alliance 51% For personal use only Next 12 months Heli EM (XCITE) to test for conductors – results in for Zealous & Telephone Dam Screening of historic drilling pulps by portable XRF analyses prior to more accurate multi-element ana
Slide 18: Wilcherry Project JV - Conductors Identified by Heli EM
Wilcherry Project JV Conductors Identified by Heli EM For personal use only Zealous Prospect: Location of channel 49 late- Telephone Dam Prospect: Location of channel 49 time HEM anomaly relative to historic drilling late-time HEM anomaly relative to historic drilling THE JUMBUCK GOLD PROJECT
Slide 19: Share Price Catalysts
Share Price Catalysts Exploring for a large high grade gold discovery For personal use only Extensive drilling program for 2017 calendar year, commencing March 15,000 – 20,000 metres of drilling planned for 2017 calendar year High grade gold open pit targets Proximity to producing mine – C
Slide 20: Competent Person Statement & Disclaimer
•The information that relates to exploration targets, exploration results and drilling data is based on information compiled by Nicholas (Nick) G Revell who is a member of the Australian Institute of Resources and Metallurgy and who has more than five years experience in the field of activity being