Paterson Resources Limited · ASX:PSL
Paterson Resources — Investor Presentation (September 2020)
26 slides from Paterson Resources's investor presentation, Sep 3, 2020
Slide 1: September 2020
For personal use only September 2020 ASX: PSL
Slide 2: Disclaimer
Disclaimer DISCLAIMER For personal use only This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This
Slide 3: Snapshot
Snapshot ✓ Company Relisted on ASX 21 July 2020 For personal use only ✓ Quality Exploration and Development Projects ✓ Grace Gold and Copper Project in Paterson Province of WA ✓ 69,000 oz Inferred Resource ✓ Underexplored +4km long mineralised shear zones ✓ Significant undrilled regional magnetic ta
Slide 4: The Company
The Company For personal use only Capital Structure Management Share Price $0.004 Nick Johansen Non-Executive Chair Shares on Issue 3,860,498,000 Brian Thomas Technical Director Convertible Notes on Issue $150,000 Matt Bull Non-Executive Director Max # Shares on Conversion 150,000,000 Market Cap $15
Slide 5: Project Portfolio
Project Portfolio For personal use only ✓Grace Gold Copper Project - Paterson Range WA ✓Burraga Gold Copper Project - East Lachlan Fold Belt NSW ✓Pilbara Gold, Base Metals Prospects – Pilbara WA
Slide 6: Gold Copper Project
Grace Gold Copper Project ✓ Advanced Exploration in the For personal use only World Class Paterson Mineral Province ✓ Outcropping shear hosted gold mineralisation extending +4km along strike ✓ No systematic exploration for past 15 years ✓ 25km southeast of Newcrest’s 32Moz Telfer gold mine ✓ 50km fr
Slide 7: Gold Prospect
Grace Gold Prospect For personal use only ✓ Historic drilling carried out by Newmont Australia/Newcrest Mining with no subsequent exploration drilling since 2004 ✓ Significant Drill Intersections include : (PSL Prospectus – ASX Ann 22 May 2020*) ➢ 10.0m at 20.95 g/t Au from 6.0m - GPB0801 (RAB) ➢ 33
Slide 8: Gold Prospect Resource
Grace Gold Prospect Resource For personal use only ✓ Inferred Mineral Resource of Oxide / Transitional Mineralisation of 1,590,000 tonnes @ 1.35 g/t Au of 69,000 ozs (PSL Prospectus – ASX Ann 22 May 2020 - The Company confirms that it is not aware of any new information or data that materially affec
Slide 9: Gold Prospect
Grace Gold Prospect ✓ Longitudinal Section shows the current Inferred Mineral For personal use only Resource extends over only 1,140m strike and a depth of 140m ✓ Drill intersections concentrated in central 450-500m of strike
Slide 10: Exploration Zone
Grace - Exploration Zone ✓ Grace and Bemm Shear Zones Extend over 4km of strike For personal use only ✓ Majority of historical drilling RAB, not used in a resource estimation ✓ Multiple stacked mineralised vein sets Bemm Shear Grace Shear
Slide 11: Gold Prospect
Grace Gold Prospect ✓ Longitudinal Section over the Shear Target Zones For personal use only ✓ Drill depth and density insufficient to include in resource
Slide 12: Gold Prospect
Grace Gold Prospect ✓ Known drill intersections between 250 – 500 metres For personal use only ✓ Not included in the resource estimation
Slide 13: Regional Geology
Grace Regional Geology For personal use only ✓ Grace Prospect on a major regional lineament ✓ Same host rocks as Telfer, Tim’s Dome and Telfer West ✓ Stacked vein sets at Grace Prospect parallel to regional structure ✓ Additional parallel structural targets picked up under cover by regional geophysi
Slide 14: Regional Magnetics
Grace Regional Magnetics For personal use only
Slide 15: Project Scale Magnetics
Grace Project Scale Magnetics For personal use only ✓ Project Area Open File Aeromagnetics Coverage ✓ 100m line spacing survey with highest resolution covers the Grace Prospect ✓ 250m Line Spacing with next best resolution covers first regional magnetic high in NE corner of E45/5130 ✓ 400m Line Spac
Slide 16: Prospect Drilling & Geophysics
Grace Prospect Drilling & Geophysics For personal use only
Slide 17: Prospect Drilling & Geophysics
Grace Prospect Drilling & Geophysics For personal use only
Slide 18: IP Surveys
Grace IP Surveys ✓Two historic IP surveys with For personal use only survey lines shown in white ✓100m dipole spaced data on the left (1990’s) ✓50m dipole spaced data on the right (1980’s) ✓Colour images are a depth slice through the IP Bemm Shear chargeability inversion model, indicating anomaly tr
Slide 19: IP Surveys
Grace IP Surveys For personal use only ✓ Drilling on 11300E too shallow to intersect IP anomaly ✓ Drilling on 14500E reached the target depth of the IP anomalies and has mineralised intercepts at bottom of holes ✓ No drilling on 14800E anywhere near the IP anomaly
Slide 20: Project Scale Gravity
Grace Project Scale Gravity For personal use only ✓ Regional Gravity Image ✓ Gravity Low Area between Telfer and Grace ✓ Highlights possible edges of potential buried granite batholith
Slide 21: Exploration Program
Grace Exploration Program For personal use only ✓ Reprocess all historical drill data and Induced Polarisation (IP) geophysical data ✓ Carry out Gradient Array IP survey over full +4km of strike using modern technology to “see” high priority targets at much greater depth (last IP survey carried in 1
Slide 22: Burraga Au/Cu Project
Burraga Au/Cu Project ✓ Located in the highly For personal use only prospective East Lachlan Fold Belt of NSW ✓ Gold production by RGC of 191koz from Lucky Draw Mine in 1990’s with JORC 2012 Inferred resources of 134koz at Hackneys Creek and Lucky Draw ✓ Historic Lloyds Copper Mine & smelter operate
Slide 23: Hackneys Creek & Lucky Draw Gold Prospects
Hackneys Creek & Lucky Draw Gold Prospects For personal use only ✓ Hackneys Creek & Lucky Draw Resource Statement (PSL ASX Ann 27 April 2020 *) Prospect Category Tonnes g/t Au Au Metal ozs Measured Indicated Hackneys Creek Inferred 2,210,000 1.4 102,300 Total 2,210,000 1.4 102,300 Measured Indicated
Slide 24: Lloyds Copper Gold Prospect
Lloyds Copper Gold Prospect ✓ Lloyds Combined Resources Statement (PSL Prospectus – ASX Ann 22 May 2020*) For personal use only Tonnes Cu (%) Au (g/t) Ag (g/t) Zn (%) Cu Metal (t) Lloyds Copper Measured 80,000 1.0 0.1 5 0.2 800 Mine Indicated 910,000 0.8 0.1 7 0.2 7,130 (0.3% Cu Inferred 320,000 0.7
Slide 25: The Compelling Opportunity
The Compelling Opportunity Grace Gold Project For personal use only ✓Existing 60koz shallow resource with untapped exploration potential 25km from Newcrest Telfer mill with a need for feed post 2023 ✓Paterson Province a hunting ground for world class discoveries by the majors: ✓ Newcrest $90m JV wit
Slide 26: Contact
Contact For personal use only Phone: +61 8 6559 1792 info@patersonresources.com.au www.patersonresources.com.au
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