Patronus Resources Limited · ASX:PTN
Patronus Resources — RIU Sydney Resources Roundup 2019
14 slides from Patronus Resources's conference presentation, May 7, 2019
Slide 1: Investor Presentation
Investor Presentation RIU Conference, Sydney May 2019 ASX: KIN
Slide 2: Disclaimer
Disclaimer Disclaimer This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in
Slide 3: Corporate
Corporate Corporate snapshot Shareholders Experienced Board and Management Team Share price (A$) 0.07 Retail Investors Andrew Munckton Geologist and Mine Manager 441.4 Directors Managing Director +30 years experience Shares outstanding (m) High Net Worths Service Companies Jeremy Kirkwood Finance Op
Slide 4: Delivering a more robust, de-risked and higher returning gold project
Delivering a more robust, de-risked and higher returning gold project Mineral Resource of 782 koz Advanced gold project located Select early works completed defined in both supergene and 30km east of Leonora in the and key components of the deeper primary mineralisation heart of an attractive and Ca
Slide 5: Cardinia Gold Project – work programs
Cardinia Gold Project – work programs Clear objective: deliver an updated Pre-Feasibility Study in mid-2019 ahead of a decision to mine by the end of 2019. Current work programs: Simplify mine plan: baseload feed with 1 higher grade satellites Exploration: test known deposits for 2 extensions Resour
Slide 6: Simplifying the mine plan
Simplifying the mine plan Current drilling and Original Feasibility Study metallurgical testwork planned to mine 16 shallow, supports expanded and open pit mines simplified pits ALL DRILLING DRILLING DEEPER THAN 50m DRILLING DEEPER THAN 100m DRILLING DEEPER THAN 150m 6
Slide 7: Bruno Lewis – baseload pit #1
Bruno Lewis – baseload pit #1 Lewis fast emerging as a large, low strip, baseload feed source for the CGP Near-surface Supergene and Epithermal mineralisation above Orogenic gold-rich sulphide mineralisation High-grade VMS mineralisation at depth Metallurgical test-work shows coarse grind (1
Slide 8: Helens – satellite pit #1
Helens – satellite pit #1 Consistent, primary mineralisation intersected between pits to 120m depth High grade oxide and primary mineralisation intersected over 1,500m of strike Orogenic gold-sulphide mineralisation with quartz-carb veining and wallrock brecciation Metallurgical testwork sho
Slide 9: Mertondale – potential for more satellite pits
Mertondale – potential for more satellite pits All drilling Drilling deeper than 50m Drilling deeper than 100m Drilling deeper than 200m 9
Slide 10: Mertondale 5 – a closer look at the upside
Mertondale 5 – a closer look at the upside Mined 384,700 tonnes @ 3.06g/t Au for 37,841oz using $450/oz pit Initial Diamond drill testing beneath the Mertondale 5 pit shell 14m @ 2.5g/t in northern hole – down plunge extension Design will allow for an expanded open pit with known high-grade
Slide 11: Water, power and infrastructure
Water, power and infrastructure Key workstreams delivering on expectations and progressing on schedule Water: Power: Infrastructure: Water bore drilling and test Gas pipeline 13.5km south of Sterilisation drilling pumping confirms adequate Cardinia plant site. completed at proposed Lewis supply to s
Slide 12: Key takeaways
Key takeaways The Cardinia Gold Project development strategy has been successfully reset Advanced 782Koz gold project in an attractive and active gold mining region Clear objective of delivering a more robust, less risky and higher returning project Mine plan being simplified and exploration
Slide 13: Contact details
Contact details Kin Mining NL Level 1, 342 Scarborough Beach Rd Osborne Park WA 6017 T: 61 8 9242 2227 E: info@kinmining.com.au ASX: KIN
Slide 14: APPENDIX A – Kin Mining NL Mineral Resources
APPENDIX A – Kin Mining NL Mineral Resources Cardinia Gold Project (CGP) – 782 koz Au Mineral Resource See ASX Announcement 17th April 2019 “Cardinia Gold Project Mineral Resource Update” The Company confirms that all material assumptions and technical parameters underpinning the estimates conti
Patronus Resources — RIU Sydney Resources Roundup 2019 on 6ix