Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Shareholder Meeting (November 2015)
20 slides from Lodestar Minerals's shareholder meeting presentation, Nov 25, 2015
Slide 1: Actively exploring for gold and base metals on the Capricorn margin
For personal use only Actively exploring for gold and base metals on the Capricorn margin Annual General Meeting 2015
Slide 2: Important Notices
Important Notices For personal use only This presentation has been prepared by Lodestar Minerals Limited (Lodestar). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and
Slide 3: Company Snapshot
Company Snapshot For personal use only Applying new thinking to a strategic tenement position spanning 2,900km2 of the Capricorn tectonic margin in the Eastern Bryah-Yerrida Basin Three specific projects areas within a highly prospective and underexplored mineral province Ned’s Creek (100%, AU
Slide 4: Corporate Overview
Corporate Overview Board and Senior Management Capital Structure For personal use only ASX code LSR Shares on issue 336.28m Non-Executive Chairman, Ross Taylor Share price A$0.025 Chartered Accountant and finance professional with Market capitalisation A$8.3m extensive experience in global inves
Slide 5: Lodestar Projects on the Capricorn Margin
Lodestar Projects on the Capricorn Margin Capricorn Margin (contact point of the Yilgarn and Pilbara Cratons) characterised by deep crustal For personal use only structures and extended cyclic reactivation – the right setting for major ore deposits Volcanic arc and back arc environments of simil
Slide 6: Camel Hills – a Large Gold Target
Camel Hills – a Large Gold Target Large 924km2 landholding For personal use only targeting deep structures under shallow cover 100km Errabiddy Shear Zone linked to Cardilya Fault at depth Major structures penetrate the crust – fluid and magma transfer from the mantle creates potential for majo
Slide 7: Camel Hills – a Large Gold Target
Camel Hills – a Large Gold Target GSWA soil and stream sampling For personal use only defined a 6km by 2km gold target with coincident magnetic anomaly Gascoyne Resources 1Moz Glenburgh project (60km NW) comprises a series of shear- hosted gold deposits in high grade metamorphics on a parallel n
Slide 8: Camel Hills – High Grade Big Sky Target
Camel Hills – High Grade Big Sky Target Discovery of very high grade For personal use only gold in rock chips (up to 47,050g/t) on northern contact of magnetic unit within Errabiddy Shear Zone Petter Calc-silicate Contact spans 12km and has Big Sky gold seen only minimal target geochemical sampl
Slide 9: Big Sky – Shallow, High-Grade Drill Results
Big Sky – Shallow, High-Grade Drill Results Maiden RC drill program For personal use only completed in October 2015 returned shallow, high grade results including: 6m at 6.6g/t Au from 13m in LCC011, including 1m at 33.3g/t Au from 13m 6m at 20.3g/t Au from 21m in LCC012, including 1m at 105g/
Slide 10: Ned's Creek – gold and base metals
Ned’s Creek – gold and base metals Large 830km2 landholding hosting a For personal use only combination of gold and base metal greenfields targets and existing discoveries Structurally-controlled and SEDEX base metal targets. Tectonic north eastern margin of Marymia gold target Yerrida Basin – o
Slide 11: Marymia – an Exciting New Drill Target
Marymia – an Exciting New Drill Target For personal use only New gold target at Marymia identified through lag and rock chip sampling of up to 1.5g/t gold Extensive alteration associated with quartz-haematite veining and lateritic ironstones have returned anomalous results over a 1km zone Reco
Slide 12: Ned's Creek – Contessa Gold Discovery
For personal use only Ned’s Creek – Contessa Gold Discovery Greenfield discovery made by Lodestar in 2013 located within the highly endowed Kalgoorlie Contessa Terrane Surface sampling identified 7km gold anomaly overlying Archaean granite-greenstone Aircore drilling over 700m of strike in 201
Slide 13: Contessa – Significant Drill Results
Contessa – Significant Drill Results Best intercepts in aircore For personal use only drilling of: 21m @ 3.0g/t Au from 40m 15m @ 3.1g/t Au from 40m 5m at 3.9g/t 10m @ 5.6g/t Au from 55m Au 5m @ 6.6g/t Au from 55m 10m @ 1.2g/t Au from 50m 5m at 6.6g/t Supergene gold displaced 10m at 1.
Slide 14: Contessa – Gold Geochemistry
Contessa – Gold Geochemistry Extensive near-surface gold anomalies developed over 4km strike along the Contessa trend For personal use only Spatial association between the Contessa granite, diorite, magnetic anomalies (litho-structural domain) and gold mineralisation 14 An extensive, sparsely dr
Slide 15: Contessa – The Next Phase
Contessa – The Next Phase For personal use only Review completed with independent expert – five walk up drill targets within a 4km corridor to test for primary source beneath supergene halo Interpreted fault overstep – very favourable environment for intrusion-related and orogenic gold This st
Slide 16: Imbin – a Potential Bryah Basin Analogue
Imbin – a Potential Bryah Basin Analogue Interpreted back arc rift setting along For personal use only north Yilgarn margin with similar characteristics to the Bryan Basin Bryah - Doolgunna Rift (DeGrussa, Springfield discoveries) Imbin Rift defined by gravity anomalies, large volume of Bryah ag
Slide 17: Imbin – High Value Existing Drill Targets
Imbin – High Value Existing Drill Targets For personal use only Existing Main Gossan and North Chert prospects related to major NNW trending gravity structure Copper potential confirmed by previous drilling at Main Gossan: 21m at 0.63% Cu from 69m in TCZRC06 36m at 0.76% Cu from 91m in TCRC0
Slide 18: Imbin – High Value Existing Drill Targets
18 Imbin – High Value Existing Drill Targets For personal use only Encouraging results from regional drilling include: 11 m at 337 ppb Au 16 m at 1791 ppm Cu in TCRC09-12 Copper anomaly open to south over large, unexplained magnetic feature identified by MIM Holdings and not previously drill
Slide 19: Bryah Basin – an Exploration Hot Spot
Bryah Basin – an Exploration Hot Spot Relative underinvestment in Lodestar tenement holdings compared to peers indicates potential for creation of value and re-rating For personal use only 19 Strategic ground position in a very active region
Slide 20: Conclusion
Conclusion Applying new thinking to a strategic tenement position For personal use only spanning 2,900km2 of the Capricorn tectonic margin in the Eastern Bryah-Yerrida Basin Potential for high value gold and base metal discoveries in an underexplored and fertile province Adopting a technically
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