Taruga Minerals Limited · ASX:TAR
Taruga Minerals — Taruga Gold — Shareholder Meeting (November 2012)
18 slides from Taruga Minerals's shareholder meeting presentation, Nov 30, 2012
Slide 1: West African Gold Exploration - Annual General Meeting
For personal use only WEST AFRICAN GOLD EXPLORATION Annual General Meeting 30 November 2012 Fast Running Exploration – A New West African Explorer
Slide 2: Competent Person Statement & Disclaimer
Competent Person Statement & Disclaimer For personal use only The information contained in this presentation has been prepared by Taruga Gold Limited (Company). The information in this Presentation that relates to exploration results and geological information is compiled by Mr Bernard Aylward. Mr A
Slide 3: Taruga Gold – Focus on West Africa
Taruga Gold – Focus on West Africa For personal use only Niger Cote d’Ivoire Ghana
Slide 4: Project Locations in Birimian Greenstone Belts
Kossa Project Niger For personal use only Burkina Faso Ducie Project Tortiya Project Niger Cote Ghana d’Ivoire Cote d’Ivoire Mangkono Project Ghana All Projects located within Birimian Greenstone Belts
Slide 5: Capital Structure
Capital Structure For personal use only Listed: February 7 2012 ASX Code: TAR IPO Raise: A$6.12M Market Cap: A$7.3M Shares on Issue: 85,616,000 Cash 30 Sept: A$3.5M
Slide 6: Board and Management
Board and Management Bernard Aylward BSc (Hons – Geol) For personal use only Executive Chairman and Managing Director 20 years experience as Manager & Exploration Geologist across West Africa, Australia and Europe. Peter Newcomb FCA (ICAEW) CFO and Company Secretary Chartered Accountant with over 30
Slide 7: Niger
Niger For personal use only Pro-mining country with world class Uranium mining industry Recent democratic elections - 2011 ? Under-explored for gold mineralisation SEMAFO (TSX:SMF), capitalised at $ C$2.43b, developed & operated Samira Hill gold mine since 2004. Large Canadian explorers are aggressi
Slide 8: Kossa Project – Niger
Kossa Project – Niger For personal use only 970km2 granted licences developing gold district Kossa Project Very encouraging grade and width with 1km of strike to date Niger Broad, high-tenor Geochemical anomalies untested by drilling Adjacent to IAMGold’s 5Moz Essakane Gold Mine Cote d’Ivoire Ghana
Slide 9: Kossa Project – Niger
Kossa Project – Niger For personal use only Same geological sequence and Kossa Project Kossa Project structural setting as Essakane 970km2 Granted Licence Kossa licence joins the Essakane regional project with high grade Niger results 20km Previous exploration activity by Orezone has demonstrated hi
Slide 10: Taruga Exploration
Taruga Exploration For personal use only Commenced major exploration program following listing in February 2012 Completed: 72 RC drill holes for 6,400m 366 Aircore drill holes for 13,634m 3,300 Auger sample locations Highlights include excellent gold mineralised intersections at Borobon, Kossa and K
Slide 11: Kossa – Borobon Trend
Kossa – Borobon Trend For personal use only Our first area for RC drilling: 10km strike length gold mineralised trend •Artisanal workings and high-grade surface geochemistry • Wide-spaced reconnaissance drilling highlighting gold mineralisation Multiple gold mineralised targets
Slide 12: Borobon Prospect
Borobon Prospect For personal use only An excellent start with the drilling by Orezone returning gold mineralisation with intersections including 14m at 3.79g/t gold in drill hole KSC033 and 13m at 2.43g/t gold in drill hole KSC032 Taruga’s first results highlight the continuity, parallel lodes and
Slide 13: Kossa Prospect
Kossa Prospect For personal use only Located at the northern end of the Kossa-Borobon trend and contains multiple trends of artisanal workings with limited historic drill testing Taruga recently completed first-pass drill testing with excellent results including: 4m at 35.52g/t gold from 44m in dril
Slide 14: Kossa Project – Exploration Focus
Kossa Project – Exploration Focus For personal use only Major Exploration Campaign Commenced 6,600m RC drilling targeting Kossa – Borobon trend 10,000m aircore drilling program 20,000m auger geochemical sampling Detailed aeromagnetic survey
Slide 15: Ghana
Ghana For personal use only Long history of established mining, robust legal system & English speaking Economy rapidly growing and developing 2nd largest African gold producer - +3Moz per year production. Major gold 2nd deposits in country, and many +10Moz gold discoveries New mines developing in co
Slide 16: Ducie Project – Exploration
Ducie Project – Exploration For personal use only 150ppb Au 1,100km2 project area in under- explored NW Ghana 924ppb Au Aeromagnetic data highlights major 100ppb Au structural control 50km of gold mineralised structure untested. Geo Geochemical anomalies remain open chemical anomalies along strike w
Slide 17: Exciting West African Projects
Taruga Gold Limited For personal use only Exciting West African Projects Extensive Gold Mineralisation at the Kossa Project – Niger Active Exploration Program Returning High-Grade Gold Intersections Well Funded and Supported to Continue Extensive Exploration New Discoveries in Proven Gold Mineralise
Slide 18: For personal use only
For personal use only