Emmerson Resources Limited · ASX:ERM
Emmerson Resources — Investor Presentation (March 2024)
19 slides from Emmerson Resources's investor presentation, Mar 19, 2024
Slide 1: MiningNews Select Presentation
MiningNews Select Presentation Mike Dunbar – Managing Director
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer Forward-Looking Statements This document may include forward-looking statements, opinions and projections, all preliminary in nature, prepared by the Company on the basis of information developed by itself in relation to its projects. Forward-looking statements include,
Slide 3: Highlights
Highlights High-grade gold The right address Funded exploration • 28m at 28.3g/t gold Tennant Creek, NT – one of Australia’s richest mineral fields $ and development Exploration and mining JVs in place High-grade copper Macquarie Arc, NSW – hosts for majority of Tennant Creek • 119m at 3.4% copper l
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure ASX Code Ordinary Shares ERM 544.7 million Unlisted Options¹ 53.5 million Market Capitalisation $28.9 million ($0.053/share – 15/03/24) Cash (31/12/23) $3.8 million Enterprise Value (15/03/24) $25.1 million Institutions 31% 31% Transasia Private Capital 5% Direct
Slide 5: Emmerson is Focused on Two Main Regions
Emmerson is Focused on Two Main Regions Tennant Creek (Au + Cu) NSW Projects (Au + Cu) 5|
Slide 6: Emmerson hold ~500km² in Macquarie Arc in NSW
Emmerson hold ~500km² in Macquarie Arc in NSW Dubbo Tomingley EL8463 1.1Moz Au Wellington NSW Projects EL8766 (Au + Cu) Kadungle / Fifield Northparkes Copper Hill 2.8Moz Au & 0.9Moz Au & 2.7Mt Cu 0.3Mt Cu Parkes EMMERSON RESOURCES LTD Cowal Orange NEWCREST MINING LIMITED 9.6Moz Au EVOLUTION MI
Slide 7: Tennant Creek in the Northern Territory
Tennant Creek in the Northern Territory An exploration hotspot Rio, BHP, Newcrest, + many juniors Emmerson has been in Tennant Creek since 2007 and holds the best ground (~1,800km2) Under Cover Exploration = Expensive and High-Risk Exploration Map of exploration licences and application in the Barkl
Slide 8: The Challenge and Opportunity of Tennant Creek
The Challenge and Opportunity of Tennant Creek CROSS LONG Historical Production DEPOSIT PLAN SECTION SECTION Quoted production from major historical deposits after Ahmad, M. and Munson, T.J. (2013). Geology and mineral resources of the Northern Territory, Special Publication 5 Warrego 6.9Mt @ 8.7 g/
Slide 9: Emmerson holds 1,800km² in the Tennant Creek Mineral Field
Emmerson holds 1,800km² in the Tennant Creek Mineral Field • Our JV partner TCMG – a private Company and funded through a number of international private equity firms has: • Secured a ~840Ktpa CIL Plant for relocation to Tennant Creek • Completed a Feasibility Study for the development • Completed r
Slide 10: Strategic Alliance with TCMG Funds Emmerson to Production
Strategic Alliance with TCMG Funds Emmerson to Production • Low risk development path where Emmerson has no exposure to costs • Emmerson is free carried into production and receives a 6% production royalty on all gold produced • First Ore Reserve for +20 years released in March 2024 from the Highest
Slide 11: Strategic Alliance with TCMG Funds Emmerson to Production
Strategic Alliance with TCMG Funds Emmerson to Production Chariot Underground Mine Design Probable Ore Reserve Mauretania Open Cut Mine Design Probable Ore Reserve 420Kt @ 4.1g/t for 55,000oz gold 67.3Kt @ 9.9g/t for 21,400oz gold 11 |
Slide 12: Drone Magnetic Surveys – Exploration Upside
Drone Magnetic Surveys – Exploration Upside JV tenements 100% Emmerson Northern Star Drone Survey Historical Mines Northern Project Area Gecko Orlando Warrego White Devil Ivanhoe Chariot TC8 Argo Peko Golden Forty Eldorado Juno Nobles Nob TC-Regional TMI-RTP 20km Southern Project Area 12 |
Slide 13: Southern Area | Detailed Drone Magnetic Survey
Southern Area | Detailed Drone Magnetic Survey ERM - SPA JV tenements Non-ERM tenements (MLs) Drone Survey Argo Major Historical Mine Peko Eldorado Shallows & Eldorado Deeps Prospect locations Highlighted Golden Forty Eldorado Plum Comstock Juno Nobles Nob Eld An2 & An3 Structural target corridor El
Slide 14: Northern Area | Detailed Drone Magnetic Survey
Northern Area | Detailed Drone Magnetic Survey Marathon Mother of Olympus Troy Hermitage Structural target corridor Northern Star Edna Beryl Whippet ERM - NPA JV tenements 100% Emmerson Rising Star Drone Survey Jasper Hill Drill steel Historical Mine 4km Prospect Locations Highlighted TC-Regional TM
Slide 15: Troy Prospect | A High-Grade Copper Opportunity
Troy Prospect | A High-Grade Copper Opportunity A A’ 15 |
Slide 16: Hermitage Project | 100% ERM
Hermitage Project | 100% ERM • High-grade copper, gold, cobalt and bismuth discovery by Emmerson in 2021 • Typical Tennant Creek ironstone-hosted deposit • Significant drill intersections include: • 119m @ 3.30% copper and 0.87g/t gold • 94.4m @ 2.74% copper and 5.58g/t gold • 29m @ 3.33% copper and
Slide 17: Summary
Summary Unlocking High-Grade Emerging gold royalty Copper and Gold deposits business with potential for in Tennant Creek via multiple royalty streams Exploration and Mining JVs once in production Multiple exploration targets Well funded explorer with across JV and 100% owned ~$8m in exploration fund
Slide 18: Contact
Contact Mike Dunbar Managing Director & CEO Emmerson Resources Limited +61 8 9381 7838 mdunbar@emmersonresources.com.au www.emmersonresources.com.au ASX: ERM
Slide 19: Mineral Resources
Mineral Resources Indicated Resources Inferred Resources Total Resources Tonnes Gold Ounces Tonnes Gold Ounces Tonnes Gold Ounces Deposit (Kt) Grade (Kt) Grade (Kt) Grade (g/t) (g/t) (g/t) Mauretania 159 4.8 25,000 97 1.4 4,000 256 3.5 29,000 Chariot (OP) 64.5 18.1 37,600 8.2 14.4 3,800 72.7 17.7 41
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