Tartana Minerals Limited · ASX:TAT
Tartana Minerals — R3D Resources — Shareholder Meeting (November 2022)
26 slides from Tartana Minerals's shareholder meeting presentation, Nov 28, 2022
Slide 1: AGM Presentation
AGM Presentation 28 November 2022 1
Slide 2: Disclaimer
DISCLAIMER The material in this presentation (Material) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in R3D Resources Limited (R3D) (ACN 111 398 040) nor does it form the basis of any contract or commitment. In the event that an off
Slide 3: R3D Strategy: Develop a Sustainable Cash Flow to Finance Exploration
R3D STRATEGY: Develop a Sustainable Cash Flow to Finance Exploration Our business…. Near Term Exploration Projects Highly prospective portfolio each with “company maker” potential Cash Generating Projects Tartana: Sulphide Copper, Gold, Zinc Bellevue: Copper, Gold Tartana Copper Sulphate Plant • Sha
Slide 4: Listing (22 July 2021) - An active 16 months
Listing (22 July 2021)- An active 16 months… Cash Generating Projects Exploration Projects Deals & Permits Drilling Geophysics Tartana Copper Sulphate Plant • Development of safety and operating policies – submission to Mines Dept. Deals Diamond Drilling • Tartana IP targets – 1668 m Falcon Magnetic
Slide 5: Dominant position in the historically copper rich Chillagoe region
We have a dominant position in the historically copper rich Chillagoe region with mining leases, EPMs and various applications/agreements. We focus on exploration which has the potential to create significant shareholder value. To finance our exploration activities, we are seeking to generate our ow
Slide 6: Upcoming Milestones
Upcoming Milestones 2023 is likely to benefit from our activities in 2022 as we expect to: • Ramp up Copper Sulphate Pentahydrate production into commercial scale and the Company becoming cash flow positive with 100% offtake already secured • Ongoing zinc low grade furnace slag/matte exports • Repor
Slide 7: R3D's ESG Credentials
R3D’s ESG Credentials Zeehan Zinc Slag Removal & Site Rehabilitation • R3D has stockpiles of zinc low grade furnace slag/matte at an historic smelter site at Zeehan, Tasmania. • We have exported 16 low grade furnace slag/matte shipments totalling approximately 325,000 tonnes through the Burnie Port
Slide 8: Tartana Heap Leach–Solvent Extraction–Crystallisation Plant
Tartana Heap Leach–Solvent Extraction–Crystallisation Plant Restart of Copper Sulphate Pentahydrate Production • Plant capacity up to 9,500 tpa but typical 6,000 to 7,000 tpa historical production rates for high quality copper sulphate pentahydrate production. • Copper Sulphate Pentahydrate contains
Slide 9: Tartana Heap Leach–Solvent Extraction–Crystallisation Plant: Copper Sources
Tartana Heap Leach–Solvent Extraction–Crystallisation Plant Copper Sources • 6,500 tpa Copper Sulphate production rate requires copper input of approx. 1625 tpa Cu. • R3D is focused on establishing copper resources to support ongoing operations • Recently upgraded heap leach material to inferred oxi
Slide 10: Tartana Mining Leases
Tartana Mining Leases • The Palmerville Fault is a major crustal feature • The Chillagoe formation lies to the east of this fault and comprises limestones, interbedded shales/ sandstones, cherts and minor volcanics • It hosts copper porphyry mineralisation with associated skarns • Moving east from t
Slide 11: Tartana 2022 Drilling
Tartana 2022 Drilling • Queen Grade zinc diamond and RC drilling (assays pending) • Northern oxide zone RC drilling (assays pending) • Supergene copper RC drilling in open pit • New copper target diamond drilling • Drilling to upgrade primary copper resource to 100 metres depth (assays pending)
Slide 12: Tartana 2021/2022 Drilling
Tartana 2021/2022 Drilling • In 2H CY2021 testing of two significant IP anomalies was completed and while the drilling discovered a new sulphide zone in the Valentino area east of the pit, the drilling intersected low grade copper mineralisation with pyrite in region of the IP anomalies. • In April
Slide 13: Tartana Queen Grade Zinc Project
Tartana Queen Grade Zinc Project • Diamond drilling at Queen Grade returned the following encouraging intersection: • TDH 24: 12m @ 10.7% Zn • TDH 24 extended the zinc mineralisation to approximately 160m below surface with the mineralisation remaining open at depth • Follow-up RC drilling targeted
Slide 14: Cardross – Maid Project Area
Cardross – Maid Project Area • EPM 27735 granted in February 2022 • Cardross and Maid mining lease applications now subject to Native Title negotiation • Highly prospective area with extensive alteration west of the Palmerville fault
Slide 15: Cardross – exploration highlights
Cardross – exploration highlights Most previous explorers have focused on the Cardross shear – a northeast trending shear zone with an IP response. Historical drilling* indicated highly encouraging copper and gold intersections. • 19m of 1.17 % Cu from 3.00m CA12AT012 • 18m of 0.74 % Cu from 6.50m C
Slide 16: Cardross – different approach
Cardross – different approach Recent geophysical interpretation by R3D has identified discrete magnetic highs associated with mineralisation. Historical references refer to mineralized cross-cutting dykes .. in proximity to the dyke the lode is aways richer, while in the absence of dykes the lodes a
Slide 17: Maid – large IRGS gold play
Maid – large IRGS gold play • Maid is interpreted as an Intrusion Related Gold System (IRGS) with gold mineralization occurring in quartz vein stockworks. • There has been extensive drilling by past explorers and Axiom Mining reported a JORC 2004 resource on 10th December 2010 by Helman & Schofield
Slide 18: Maid – Split Rock exploration
Maid – Split Rock exploration The Split Rock prospect is to the south of Maid with extensive soil anomalies and an IP anomaly identified by previous explorers • Drilling by Cyprus identified copper mineralisation west of the Split Rock anomaly but the Split Rock IP anomaly target has never been test
Slide 19: Bellevue – exploration highlights
Bellevue – exploration highlights • Bellevue/Dry River has more than 10 separate copper/gold prospects following a prospective stratigraphy • The OK Mines group have been interpreted as a VHMS mineralisation style based on the presence of nearby volcanic units • Haematic iron-stone breccias are also
Slide 20: Nightflower Silver Project
Nightflower Silver Project • Option in the process of being exercised at discounted exercise price and waiting on tenement transfer • IP anomalies indicate target zones with historical small-scale mining along the Digger Lode and Terrace Prospect • Recently announced Exploration Target of 2.75 Mt @
Slide 21: Beefwood – drill ready targets
Beefwood – drill ready targets • Beefwood (EPM 26399) is a separate project area within the broader Bulimba area. • Beefwood option now being exercised at reduced exercise price. Awaiting Ministerial approval for the transfer of the EPM • Falcon Gravity/Magnetic survey in 2021 identifying large copp
Slide 22: Bulimba – exploration highlights
Bulimba – exploration highlights • Bulimba tenements subject to the Newcrest Agreement. • Total area combined are covers more than 1250 km2 and has been exposed to minimal exploration in the past given sediment cover although recently discovered outcropping basement. • Falcon Gravity/Magnetic survey
Slide 23: Dimbulah Porphyry Copper Project
Dimbulah Porphyry Copper Project • Dimbulah Porphyry Copper project (EPM 27089) covers a copper-mineralised, multi-phase porphyry intrusive identified from historical drill intersections, mapping and geophysics. • Numerous historical workings and in the drilling by past explorers, particularly on Po
Slide 24: Experienced Management Team
Experienced Management Team Dr Stephen Bartrop – Managing Director PhD, BSc (Hons), Grad. Dip. Securities Instit. MAusIMM, F Fin, FAIG, GAICD. Steve’s professional experience spans more than 30 years covering periods in both the mining industry and financial sector. With a geology background, Steve
Slide 25: Board and Capital Structure
Board and Capital Structure Mr Jihad Malaeb – Independent Non-Executive Chairman Mr Malaeb is an experienced entrepreneur across a number of industries, including hospitality and construction, as well as having significant experience in mineral exploration and mining operations – Capital Structure N
Slide 26: For further information, please contact
For further information, please contact: Dr Stephen Bartrop Managing Director R3D Resources Limited M: + 61 408 486 163 P: + 61 2 9392 8032