Prodigy Gold Nl · ASX:PRX
Prodigy Gold Nl — ABM Resources NL — Investor Presentation (August 2017)
24 slides from Prodigy Gold Nl's investor presentation, August 2017
Slide 1: Tanami Region: Unlocking the Discovery Potential
Tanami Region Unlocking the Discovery Potential Mining in the Territory August 2017 Matt Briggs Managing Director Investor Presentation August 2017
Slide 2: Stakeholders
Stakeholders Traditional Owners and Central Land Council (CLC) – ABM acknowledges that it operates on land owned by Traditional Owners – Since the first tenement acquisitions in the Northern Territory in the 2009/2010 financial year ABM has progressed 106 tenement applications to grant and held nume
Slide 3: Important Information & Competent Person
Important Information & Competent Person IMPORTANT INFORMATION This presentation has been prepared by ABM Resources NL (“ABM” or the “Company”). This presentation is for information purposes only and should not be considered as an offer or invitation to subscribe for or purchase any securities in th
Slide 4: Corporate Overview
Corporate Overview Capital Structure Board of Directors Shares on Issue (m) 375.2 Tommy McKeith Non-Executive Chairman Appointed 27/06/16 Matt Briggs Managing Director Commenced 3/10/16 Available Cash (A$m)1 5.3 Brett Smith Non-Executive Director Appointed 9/5/16 Market Cap (A$m)2 41.3 Mark Faul Non
Slide 5: Exploration Management in Place
Exploration Management in Place Mr Tommy McKeith BSc Hons (Geol), GDE (Mining), MBA, Fellow AusIMM Non-Executive Chairman Status: Independent Mr Tommy McKeith is a resource company executive with 28 years’ experience in various exploration, business development, mine geology and executive leadership
Slide 6: A Portfolio of Opportunities
A Portfolio of Opportunities Tanami Callie lookalikes Hyperion-Tethys Resource 309koz @ 2.11g/t Twin Bonanza Investment Thesis Old Pirate & Buccaneer >1.0Moz Gold Resources North Arunta >1Moz of Resources within 100km of mills 60km Stretch of untested Trans-Tanami Structure Large package of unde
Slide 7: 2017 Successes
2017 Successes Suplejack • First Resources declared on newly discovered Seuss Fault • ABM Resource 4.5 Mt at 2.14 g/t for 309,900 oz (c/o 0.8 g/t)1 • Increase of 53% gold on previous Resource • High quality independent grade estimate • Discovery cost of ~$16/oz Resource • 3,952 metres RC with 3 hole
Slide 8: Tanami District
Tanami District >1Moz of ABM’s Resources within 100km of processing plants Large tenure holding in an area of world class deposits Investor Presentation August 2017 8
Slide 9: Geological Terrain
Geological Terrain Trans Tanami Fault Zone Prospective rock types in the gold bearing structural corridor Investor Presentation August 2017 9
Slide 10: Tanami Soils
Tanami Soils Large areas without soil sampling Investor Presentation August 2017 10
Slide 11: Southern Tanami - Soil Anomalies
Southern Tanami - Soil Anomalies Investor Presentation August 2017 Large scale soil anomalies 11
Slide 12: Southern Tanami - Cover
Southern Tanami - Cover Investor Presentation August 2017 Large areas of cover not effectively 12 screened for deposits
Slide 13: Southern Tanami – Drilling
Southern Tanami – Drilling Investor Presentation August 2017 Limited bedrock testing in 13 areas of cover
Slide 14: Exploration Strategy
Exploration Strategy – Start with industry standard practice – Systematic work plan prioritising large scale targets (>1Moz) – Review data critical for predictive targeting • Field mapping, geochemistry, alteration mapping, geophysics, structural interpretation – Prospectivity analysis to drive data
Slide 15: Current Focus
Current Focus 2017/2018 Plan Suplejack Bluebush Reconnaissance Exploration Current JV Divest or JV Consolidate 1Moz of Bedrock test of large Target Callie scale mineral systems in the Tanami Develop Expedite discovery or Aim Resource by screening scale anomalies understanding of the source external
Slide 16: Southern Suplejack
Southern Suplejack Over 60 km north trending structural trend – Significant gold anomalism – 1.6 Moz Groundrush deposit immediately to the south Current activity aims to consolidate a >1Moz target position – Progress the Seuss discovery at Suplejack – Identify additional shallow shoots – Screen stru
Slide 17: Seuss High grade
Seuss High grade • 19km north of Groundrush Pit • Initial Inferred Resource in February 20171 • 0.63 Mt @ 2.85g/t for 57,300 oz above 0.8g/t cut off • Best results from the April 2017 program2 at Seuss include: • SSRC100008 – 5 metres at 60.9g/t gold • SSRC100007 – 6 metres at 19.4g/t gold • SSRC100
Slide 18: Suplejack Targets
Suplejack Targets • Drilling at Hyperion indicates a correlation between mineralised shoots and magnetic, high Ti dolerites • Target model not systematically tested previously Pandora & Brokenwood • First RC test of each target during 2016 • Structure intersecting magnetic dolerites • Coincident ars
Slide 19: Bluebush - Capstan Project
Bluebush - Capstan Project Capstan Project • Dead Bullock Formation in the Trans-Tanami Fault Zone • Limited Bedrock Testing • Large scale anomalies • 6km arsenic anomaly on western contact C2017 Plans • Screen for Callie style deposits • EOH Sample Collection • Field Mapping • 5,000 metres Reconnai
Slide 20: Lake Mackay Project - Gold and Base Metal Exploration
Lake Mackay Project - Gold and Base Metal Exploration • Independence Group NL (IGO) are exploring the Lake Mackay project • IGO to fund $6 million by May 2020 to earn a 70% interest • Seen as a belt scale opportunity with the potential to host gold and base metal deposits • Initial success has demon
Slide 21: Grapple Results
Grapple Results 4 hole diamond drilling program underway Investor Presentation August 2017 21
Slide 22: Unlocking the discovery potential
Unlocking the discovery potential ABM is well positioned with a clear strategy to unlock the discovery potential • Large contiguous tenure over under-explored gold district – Over 12,000km2 of granted tenure – Over 23,000km2 application tenure – Located in belts containing major gold deposits e.g. C
Slide 23: Appendix: Old Pirate and Buccaneer Resource Estimates
Appendix Old Pirate Mineral Resource Estimate by Classification (Au > 1g/t) Old Pirate Resource estimation at 1g/t cut-off Contained Domain Classification Tonnes Grade (g/t) Ounces Indicated 40,000 4.6 6,500 Sub-Total Inferred 720,000 4.7 108,500 Indicated + Total 760,000 4.7 114,900 Inferred Buccan
Slide 24: Appendix: Suplejack Mineral Resource Estimate
Appendix Suplejack-Project – Mineral Resource Estimate – February 2017 Suplejack Mineral Resource Estimate Feb 17 by Classification and Domain Area Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Million t Au g/t Oz Million t Au g/t Oz Million t Au g/t Oz Indicated Inferred Total Oxide H
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