Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Adelaide Resources — Investor Presentation (May 2013)
34 slides from Andromeda Metals's investor presentation, May 21, 2013
Slide 1: Moonta Copper-Gold Project: The Excitement Builds
For personal use only Moonta Copper-Gold Project The Excitement Builds Presented Presented byby Mark Mark Manly, Manly, Exploration Exploration Manager Manager #1
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement For personal use only The The information information inin this this presentation presentation is is published published to to inform inform you you about about Adelaide Adelaide Resources Resources Limited Limited andand its its activities. activities. So
Slide 3: Moonta Project
Moonta Project Centred 130km north west of Adelaide For personal use only Covering the Historic Copper Triangle Moonta-Kadina-Wallaroo Where 355,000t Cu and 2 t Au have been extracted since 1851. #3
Slide 4: Olympic Copper Gold Province – past and present mines
Olympic Copper Gold Province – past and present mines Moonta’s importance to the nation in the 1850s For personal use only to 1870s was not unlike that of Olympic Dam today. Prominent Hill •• In In 1866 1866 Wallaroo Wallaroo had had 3636 furnaces furnaces burning burning 10% 10% of of all all the t
Slide 5: Olympic Copper-Gold Province – operating companies
Olympic Copper-Gold Province – operating companies For personal use only LEGEND Olympic Copper Gold Province Adelaide Resources All land in the Antofagasta OCGP where Areva exploration is BHPB Major allowed is FMG companies and pegged. Oz Minerals copper Rex producers Rio Tinto dominate. Sandfire St
Slide 6: OCGP – depth to prospective basement
For personal use only OCGP – depth to prospective basement Cover over Moonta is very shallow compared A to the bulk of the Olympic Copper Gold Prominent Hill (100m) Province. Vulcan (900m) Challenger Olympic Dam Allowing affordable direct targeting methods Carrapateena (330m) like soil and calcrete
Slide 7: Exploration on the Yorke Peninsula
Exploration on the Yorke Peninsula For personal use only Bio-geochemical Bio-geochemical analysis analysis with with an an optical optical emission emission spectroscopy spectroscopy (OES) (OES) finish finish was was used used by by Captain Captain Hughes, Hughes, who who in in 1851 1851 observed…tr
Slide 8: Moonta Project exploration history timeline
Moonta Project exploration history timeline For personal use only Copper Price Exploration at Moonta has been dominated by majors looking for giant deposits. Leaving opportunity for a smaller company looking for a smaller deposit. This opportunity is enhanced by dramatically improved copper prices s
Slide 9: Historic data – a huge & valuable legacy
Historic data – a huge & valuable legacy inherited from past explorers For personal use only This says page 5,187 of 23,841!! Copper assays to 4.45%Cu WMC Hole DDH224 from Alford West. #9
Slide 10: Moonta Project – location showing deposits and prospects
Moonta Project – location showing deposits and prospects For personal use only #10
Slide 11: Willamulka Prospect – plan
Willamulka Prospect – plan For personal use only 10km north east of Kadina Shallow 550 metre long coherent zone of copper and gold mineralisation open at depth. #11
Slide 12: Willamulka Prospect – section
Willamulka Prospect – section For personal use only #12
Slide 13: Paskeville Prospect – plan
Paskeville Prospect – plan For personal use only 15km east of Kadina Shallow 400 metre long coherent zone of copper mineralisation open at depth and along strike. #13
Slide 14: Paskeville Prospect – section
Paskeville Prospect – section Recent drilling shows a steeply north dipping 50m wide zone of copper mineralisation. For personal use only #14
Slide 15: Alford Fault Zone – plan
Alford Fault Zone– plan Shear Zone wrapping around the south east contact of the Tickera Granite For personal use only Alford West Wombat Alford Fault Zone Wallaroo #15
Slide 16: Wombat Prospect – section
Wombat Prospect – section 10km north east of Wallaroo For personal use only Recent drilling shows significant intersections of copper in a large shear zone in metasomatite south of the Tickera granite. #16
Slide 17: Alford West – plan
Alford West – plan 4km east of Wombat and 10km north of Kadina For personal use only Recent drilling defines high grade zones of copper and gold mineralisation, including some exceptional grade intersections, on each of the six traverses of drilling . #17
Slide 18: Alford West Prospect – Section 753,730 mE
For personal use only Alford West Prospect –Section 753,730 mE #18
Slide 19: Alford West Prospect – Section 753,780 mE
Alford West Prospect – Section 753,780 mE For personal use only #19
Slide 20: Alford West Prospect – Section 753,830 mE
Alford West Prospect – Section 753,830 mE For personal use only #20
Slide 21: Alford West – evidence of a big mineralising system
Alford West – evidence of a big mineralising system For personal use only 24ft @ 0.33% Cu (from 764ft) 6m @ 0.77% Cu from 4m 3.2 km #21
Slide 22: Alford West Summary
Alford West Summary • Drill testing a 3 kilometer long auger copper geochemical anomaly. For personal use only • Detailed drill coverage is currently 10% of anomaly (300m) • High grade, wide intersections on multiple lodes on each of six traverses drilled to date • Significant gold is present with c
Slide 23: Alford West – Phase Two drilling planned
For personal use only Alford West – Phase Two drilling planned #23
Slide 24: Alford West – evidence of a big mineralising system
Alford West – evidence of a big mineralising system For personal use only 24ft @ 0.33% Cu (from 764ft) 6m @ 0.77% Cu from 4m 3.2 km #24
Slide 25: Alford West – FPXRF trial geochemistry copper image
For personal use only Alford West – FPXRF trial geochemistry copper image #25
Slide 26: Alford Fault Zone – Phase Two Aircore Drilling over Historic Auger Assays
Alford Fault Zone – Phase Two Aircore Drilling over Historic Auger Assays For personal use only Planned Holes in Red Auger Hole Auger Hole Auger Hole 507 508 509.5 3.4%Cu 3300ppm 13.0%Cu 54-60ft 18-24ft 24-30ft 950ppm Cu EOH 390ppm Cu Section 753,000 m E 66-70ft 48-52ft EOH EOH #26
Slide 27: Alford Fault Zone – Phase two Aircore Drilling over Historic Auger Assays
Alford Fault Zone – Phase two Aircore Drilling over Historic Auger Assays For personal use only Planned Holes in Red 514E Auger Line Auger Hole Auger Hole Auger Hole Auger Hole 501.5 502.5 506 507.5 24-30ft 30-32ft 42-48ft 30-36ft 2600ppm Cu 2900ppm Cu 1200ppm Cu 1050ppm Cu EOH EOH EOH EOH Section 7
Slide 28: Moonta Project - key points
Moonta Project - key points • In In the the right right Rocks- Rocks- the the Olympic Olympic Copper Copper Gold Gold For personal use only Province. Province. • At At the the right right Depth Depth -The -The Prospective Prospective rocks rocks are are shallow- shallow- so so cost cost efficient ef
Slide 29: Moonta Project Challenges
Moonta Project Challenges The project is on high quality agricultural land covered by numerous farms. For personal use only Access issues are more significant here than in the outback. Digitising the historical exploration data is a mammoth undertaking. It is exceptional value for money, but it will
Slide 30: Moonta Project forward focus
Moonta Project forward focus For personal use only • Interpretation of results from recently completed drilling programs at Paskeville, Wombat and Alford West. • Modeling and resource estimation for advanced prospects to begin building project wide mineral inventory. • Digitising of historical explo
Slide 31: The Alford Fault Zone – a new copper belt for Australia?
The Alford Fault Zone – a new copper belt for Australia? The The Alford Alford Fault Fault Zone Zone isis evident evident as as aa trough trough of of non non magnetic magnetic meta-somatite meta-somatite flanked flanked by by strongly strongly For personal use only magnetic magnetic meta-somatite m
Slide 32: Adelaide Resources' Business
Adelaide Resources’ Business • We are a South Australian based mineral explorer listed on the ASX in 1996 with a For personal use only focus on copper and gold in SA, NT and Qld. • The Moonta Copper-Gold Project on South Australia’s Yorke Peninsula is our flagship project • Shares issued ~189 millio
Slide 33: The Board and Senior Management
The Board For personal use only Senior Management Andrew Andrew Brown Brown –– Fund Fund Manager Manager Nick Nick Harding Harding –– Accountant Accountant Non-executive Non-executive Chairman Chairman Company Company Secretary/CFO Secretary/CFO 30+ 30+ years years experience experience 25+ 25+ year
Slide 34: adelaideresources.com.au
For personal use only adelaideresources.com.au #34
Adelaide Resources — Investor Presentation (May 2013) on 6ix