Impact Minerals Limited · ASX:IPT
Impact Minerals — Investor Presentation (June 2014)
30 slides from Impact Minerals's investor presentation, June 2014
Slide 1: Investor Presentation: Making an Impact in New South Wales
Commonwealth, NSW Investor Presentation Making an “Impact” In New South Wales Broken Hill, NSW Managing Director: Dr Mike Jones Chief Operations Officer: Leo Horn June 2014
Slide 2: Introducing Impact Minerals (ASX:IPT)
Introducing Impact Minerals (ASX:IPT) Listed on ASX November 2006 Shares on Issue 487m 8 m listed IPTO Options 34m unlisted Share Price 3.5¢ Market Cap $18m Commonwealth Au-Ag-Zn-Pb-Cu (NSW) Shareholders Key Projects Broken Hill JV: Ni-Cu-PGM (NSW) Bunnenberg Family 31% Mulga Tank JV: Ni-Cu-PGM (WA)
Slide 3: Two Major Drill Programmes: Q3 2014 – Commonwealth
Two Major Drill Programmes: Q3 2014 1. COMMONWEALTH - NSW • Targeting a major high sulphidation porphyry system containing high grade gold silver and base metal deposits similar to the multi-million ounce mines at • 100% owned by Impact • Historic mine grades of 6 g/t Au,150 g/t Ag, 2% Cu, 15% Zn &
Slide 4: Two Major Drill Programmes: Q3 2014 – Broken Hill
Two Major Drill Programmes: Q3 2014 2. BROKEN HILL - NSW • Targeting PGE + nickel-copper sulphide • Earning 80% from GCR ($250,000 remaining to earn equity) • Highest grade PGM project in Australia: drill intercepts of >20 g/t platinum-palladium and 6% copper and 4% nickel at the Platinum Springs Pr
Slide 5: Commonwealth Gold-Silver-Base Metal Project
MINERALS Commonwealth Gold-Silver-Base Metal Project New South Wales Impact 100%
Slide 6: Major Copper-Gold Mining Province
Major Copper-Gold Mining Province 6
Slide 7: Commonwealth Project: Previous Work
Commonwealth Project: Previous Work • Gold-rich Massive Sulphide Deposit • Mined 1906-1930’s 6500 t at 6 g/t Au, 150 g/t Ag, 2% Cu, 15% Zn & 7% Pb • Poorly explored: 66 drill holes for an average depth of 53 metres. • Previous exploration focus along 250 m strike at Commonwealth • Acquisition in Mar
Slide 8: Main Shaft Prospect
Main Shaft Prospect • Historic resource estimate over 50 m strike to 50 m depth indicates potential for multiple lenses of high grade massive sulphide • Potential for significant deposit beneath & along strike from Main Shaft 8
Slide 9: Commonwealth: Main Shaft
Commonwealth: Main Shaft • High grade massive sulphide mineralisation • Underground mining potential • Open at depth and down plunge • 9.8 m at 8.4 g/t gold, 357 g/t silver, 4.1% lead, 9.3% zinc, 0.5% copper • 4 m at 165 g/t silver, 7.7% zinc, 4.3% lead (no gold assay) 9
Slide 10: Commonwealth South
Commonwealth South • Gold-silver-rich disseminated mineralisation • Open pit bulk mine potential • Combined 13 m at 3-4 g/t gold, 45-72 g/t silver, up to 2% Zn and 1% Pb • 30 m at 6 g/t gold and 17 g/t silver • Open at depth and down plunge 10
Slide 11: What's hiding under Silica Hill?!
What’s hiding under Silica Hill?! 11
Slide 12: IP Survey identifies three trends
IP Survey identifies three trends 12
Slide 13: Ground IP Survey: Main Shaft and Silica Hill
Ground IP Survey: Main Shaft and Silica Hill 13
Slide 14: Ground IP Survey: Commonwealth South
Ground IP Survey: Commonwealth South 14
Slide 15: Three Mineralised Trends?
Three Mineralised Trends? 15
Slide 16: Commonwealth: Potential at Depth
Commonwealth: Potential at Depth • High grade gold-silver results open along strike and at depth at: – Main Shaft – Commonwealth South • High value ore per tonne • IP targets at depth 16
Slide 17: Commonwealth: Potential along strike
Commonwealth: Potential along strike COMMONWEALTH • Grab sample results up to 24 g/t Au, 493 g/t Ag, 2.9% Pb, 0.4% Zn, 0.3% Cu • Gold-rich mineralisation doubled strike to 600 m • Preliminary IP results: strong chargeability at 200 m depth CORONATION • Early- to mid-time conductors identified over 8
Slide 18: Commonwealth: Major porphyry potential?
Commonwealth: Major porphyry potential? • Recent soil geochemistry 500m 500m results reveal potential for major mineralised system covering many sq. km. Zn Cu • Recognition of metal- assemblages indicating – Porphyry & Skarn Cu-Au SH SH – High sulphidation Au-Ag-base metal • Major breakthrough for I
Slide 19: Commonwealth: Major porphyry potential?
Commonwealth: Major porphyry potential? Cu Silica Hill SH Commonwealth Mo Coronation trend SH Zinc doughnut! SH 19
Slide 20: Wafi-Golpu Analogy (75 Moz Au eq)
Wafi-Golpu Analogy (75 Moz Au eq) Zn Cu Au Mo 20 Look for tasty ‘donuts’
Slide 21: Wafi-Golpu Analogy
Wafi-Golpu Analogy K Alteration 21
Slide 22: Commonwealth: Regional Potential
Commonwealth: Regional Potential • Secured a further 315 sq km • 8 km strike potential rocks that host Commonwealth • 10 km strike potential of structures that host Galwadgere deposit : (2 Mt at 1.0% Cu and 0.3 g/t Au) • Additional historic copper-gold workings • Close to recent blind porphyry disco
Slide 23: Blind Porphyry Discovery at Kaiser-MacGregor
Blind Porphyry Discovery at Kaiser-MacGregor • 41 m at 1.2% Cu and 1.1 g/t Au from 18 m • 32 m at 0.4% Cu and 0.1 g/t Au from 109 m 23
Slide 24: Commonwealth: Next Steps
Commonwealth: Next Steps • Drill programme to commence in Q3 2014 • 2,500 m programme • Demonstrate potential for multi-million ounces gold eq. in a high sulphidation porphyry system • Define plunge of ore shoots, and discover new lenses of mineralisation at Commonwealth • Discoveries at Silica Hill
Slide 25: Broken Hill Nickel-Copper-PGM Joint Venture Project
Broken Hill Nickel-Copper-PGM Joint Venture Project New South Wales Impact earning 80% IPT required to spend $50,000 to earn 51% and a further $200,000 to earn 80%
Slide 26: Broken Hill Ni-Cu-PGE JV Project
Broken Hill Ni-Cu-PGE JV Project • Located in the richly mineralised NSW Curnamona Province • 4 priority targets including: Moorkaie – Red Hill: Eagle analogy: 5Mt @ 3.7%Ni and 3% Cu – Platinum Springs: drill intercepts of >20 g/t platinum-palladium and Platinum Springs 6% copper and 4% nickel • Hig
Slide 27: Red Hill Mine Prospect
Red Hill Mine • Red Hill Mine active from 1906 to Prospect 1937 • About 500 t was mined • Old mine records indicate face sample results of: – 2 to 4% copper – 2 to 3% nickel – 5 to 41 g/t platinum – 22 to 70 g/t silver • Anomalous soil and rock chip samples extend for several hundred metres to the e
Slide 28: Eagle: 5Mt @ 3.7%Ni and 3%Cu Not detected by EM!!
Eagle: 5Mt @ 3.7%Ni and 3%Cu Not detected by EM!! 28
Slide 29: Red Hill: an Eagle Analogue?
Red Hill: an Eagle Analogue? Eagle intrusions 29 Red Hill Size of Eagle Intrusion
Slide 30: Broken Hill: Next Steps
Broken Hill: Next Steps • Drill programme to commence in Q3 2014 • 1,500 m programme • Drill EM and IP targets at Red Hills • Drill beneath the Red Hill mine workings • Discovery of high grade Eagle Analogue and demonstrate multi-million ounce Pt-eq potential 30