Liontown Limited · ASX:LTR

Liontown — Liontown Resources — Investor Presentation (May 2012)

20 slides from Liontown's investor presentation, May 7, 2012

  1. Slide 1: New Gold Drilling Push in East Africa: Jubilee Reef JV, Northern Tanzania

    For personal use only ASX : LTR New Gold Drilling Push in East Africa: Jubilee Reef JV, Northern Tanzania Investor Presentation May 2012

  2. Slide 2: Disclaimer

    Disclaimer For personal use only Disclaimer The material used in this presentation is intended to be a summary of operational and geological activities that are current and proposed, based on the information available to Liontown Resources Limited as at 30th April 2012. This presentation may contain

  3. Slide 3: Overview

    Overview For personal use only  Emerging gold portfolio in world-class Lake Victoria Goldfield, Northern Tanzania  Excellent results returned from maiden drilling program at Jubilee Reef JV in 2011  Broad ore grade intersections demonstrate potential for large-scale gold system  +7,000m of follo

  4. Slide 4: Corporate Snapshot

    Corporate Snapshot For personal use only ASX Code LTR Shares on Issue ~295 million Market Capitalisation ~$17.5 million (at 6cps) Exploration Portfolio >6,500km2 Tim Goyder (~28%) Major Shareholders Delta Resource Management (~10%) Top 50 Shareholders >80% 4

  5. Slide 5: Well-Credentialed Board and Management

    Well-Credentialed Board and Management For personal use only TIM GOYDER: Executive Chairman +30 years’ resource industry experience, Executive Chairman – Chalice Gold Mines and Director – Uranium Equities, Strike Energy DAVID RICHARDS: Managing Director 30 years’ experience in mineral exploration, l

  6. Slide 6: Tanzania: A World-Class Exploration Opportunity

    Tanzania: A World-Class Exploration Opportunity  Right to earn 75% in Jubilee Reef JV, 850km NW of For personal use only Dar-es-Salaam, Tanzania:  Outstanding gold results intersected in maiden program:  27m @ 2.8g/t Au  37m @ 1.3g/t Au  28m @ 2.8g/t Au  Intersections include high grade interv

  7. Slide 7: Northern Tanzania: Lake Victoria Goldfield

    Northern Tanzania: Lake Victoria Goldfield For personal use only Granite/greenstone terrain similar to Eastern Goldfields of Western Australia  >50 Moz gold endowment  World-class (>10Moz) gold deposits  Underexplored  Jubilee Reef JV (~70km2)  Right to earn 75%  Advanced gold targets  Ongoin

  8. Slide 8: Gold Targets

    Jubilee Reef JV: Gold Targets For personal use only Chela Up to 4m @ 3.6g/t Au Panapendesa (No deep drilling) Up to 7m @ 5.6g/t Au and 8m @ 3.2 g/t Au Granted Licence Pending Grant Masabi Hill Up to 27m @ 2.8g/t Au and 37m @ 1.3g/t Au 8

  9. Slide 9: Masabi Hill - Geological Setting

    Jubilee Reef JV: Masabi Hill - Geological Setting For personal use only  Granite-hosted gold  Largely obscured by shallow cover  2 mineralised zones  Central  Contact  Limits of gold system undefined  Potential for large gold system 9

  10. Slide 10: Masabi Hill – RC Section “A”

    Jubilee Reef JV: Masabi Hill – RC Section “A” For personal use only A  Significant widths of ore grade (1-20g/t Au) material  High grade intervals  Intersected beneath extensive RAB anomalism (0.1 – 1g/t Au) 10

  11. Slide 11: Masabi Hill – RC Section “B”

    Jubilee Reef JV: Masabi Hill – RC Section “B” For personal use only B 11

  12. Slide 12: Masabi Hill – RAB/Aircore sections

    Jubilee Reef JV: Masabi Hill – RAB/Aircore sections Extensive, high order gold anomalism intersected beneath shallow cover For personal use only D C Section “C” – Contact Zone Section “D” – Central Zone 12

  13. Slide 13: Masabi Hill – Planned drilling

    Jubilee Reef JV: Masabi Hill – Planned drilling For personal use only  RC/Diamond drilling to test depth extension of previous intersections  20 holes/3,000m  Aircore drilling to define limits of gold system  50 holes/2,000m  Drilling commenced 30th April 2012 13

  14. Slide 14: Panapendeza

    Jubilee Reef JV: Panapendeza For personal use only Magnetic image showing drill holes and better gold intersections 14

  15. Slide 15: Panapendeza Drill Sections

    Jubilee Reef JV: Panapendeza Drill Sections For personal use only Section “E” Section “F” Section “G”  Continuous gold mineralisation intersected on multiple sections over +200 metre strike  Open along strike and at depth  1,000m RC/Diamond core drilling planned for Q2 2012 15

  16. Slide 16: Chela – Geological Setting

    Jubilee Reef JV: Chela – Geological Setting For personal use only  Totally obscured by shallow cover  Granite intruding BIF – highly prospective setting  Extensive gold anomalism intersected in shallow RAB drilling  Analogous to Masabi Hill  No deep drilling  Limits of gold anomalism undefined

  17. Slide 17: Chela – RAB section

    Jubilee Reef JV: Chela – RAB section For personal use only  Totally obscured by shallow cover  Extensive gold anomalism intersected transported material  No deep drilling  Previous drilling partially ineffective 17

  18. Slide 18: Other Projects

    Other Projects Tanzania For personal use only  Tanzoz JV – Immediate strike extension of LTR Applications Masabi Hill and Panapendesa gold trends  Handeni Applications – Wholly owned land Handeni position located close to major new gold 59m @ 4.3g/t Au 40m @ 3.6g/t Au 32m @ 9.3g/t Au discovery in

  19. Slide 19: Summary: Why Invest in Liontown?

    Summary: Why Invest in Liontown?  Exploring in a well established, highly prospective For personal use only gold mining regions  Outstanding gold results intersected at Jubilee Reef JV: • >7,000m RC/Diamond/Aircore drilling program in progress • New targets to be drilled • Further drilling to be p

  20. Slide 20: For more information…

    For more information… For personal use only Contact: David Richards/Tim Goyder Telephone: (08) 9322 7431 Fax: (08) 9322 5800 Email: info@ltresources.com.au

Liontown Resources — Investor Presentation (May 2012) on 6ix