Tennant Minerals Limited · ASX:TMS
Tennant Minerals — IMARC 2024
17 slides from Tennant Minerals's conference presentation, Oct 30, 2024
Slide 1: Bluebird Copper-Gold Project
BLUEBIRD COPPER-GOLD PROJECT Barkly Region Tennant Creek, Northern Territory, Australia ASX:TMS | IMARC 2024 | 30 OCTOBER 2 0 2 4
Slide 2: Cautionary Statements and Competent Persons Declaration
Cautionary Statements and Competent Persons Declaration CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION This presentation contains forward-looking statements concerning Tennant Minerals Ltd. Forward-looking statements are not statements of historical fact and actual events and results may
Slide 3: Cash, Capital Structure and Share Price
CASH, CAPITAL STRUCTURE AND SHARE PRICE MARKET CAP TMS Share Price Performance CASH 0.05 250 $14.33m $4.47m (@30/06/2024) 0.045 (@$0.014 - 22/10/2024) 0.04 200 0.035 SHARES ON ENTERPRISE Price (A$/Share) 0.03 150 Volume (M) ISSUE VALUE 0.025 0.02 100 955.89 m $9.86m (@22/10/2024) 0.015 0.01 50 OPTIO
Slide 4: Copper and Gold Positive Investment Outlook
Copper and Gold Positive Investment Outlook Gold is trading at an all-time high, Copper is an essential metal for reaching a price above US$2,700/oz civilization and the global energy in October 2024 transition New copper discoveries such as Bluebird Recoverable gold, accessible as part are rare - h
Slide 5: Barkly Project and the Bluebird Cu-Au Discovery
Barkly Project and the Bluebird Cu-Au Discovery World-Class Location The Barkly Project and the Bluebird discovery are located 40km east of Tennant Creek at the eastern end of this major copper-gold field, which has produced 5.5Moz of gold and 700kt of copper1 Bluebird is a shallow greenfields, high
Slide 6: Bluebird Copper-Gold Discovery
Bluebird Copper-Gold Discovery • A blind discovery (no surface expression) under shallow soil cover and weathered Warramunga Formation sedimentary rocks hosted in mineralised ironstone. • The main discovery was made through follow-up of shallow drilling and drill-testing the entire ironstone (e.g. B
Slide 7: Drilling Program Summary
Drilling Program Summary Bluebird 3D mineralisation model, gravity inversion, key targets and drilling, current and planned ASX:TMS 7
Slide 8: Bluebird Longitudinal View open all directions
Bluebird Longitudinal View open all directions ▪ Drilling to date has defined high-grade copper-gold mineralisation from 60m to over 400m depth, over 800m strike length – to the east and west7. ▪ Previous intersections of high- grade copper-gold intersections and include: ▪ 61.8m @ 2.3% Cu, 0.4 g/t
Slide 9: New Drilling Results – Confirming New Structures & Expanding Mineralisation
New Drilling Results – Confirming New Structures & Expanding Mineralisation ▪ Up to four large, high-grade, copper-gold lenses – each up to 300m in length and 200m deep – identified from updated interpretation of the mineralisation at Bluebird. ▪ Lenses occur within the east-west trending ironstone
Slide 10: New Drilling Results – Confirming New Structures & Expanding Mineralisation
New Drilling Results – Confirming New Structures & Expanding Mineralisation ▪ Further thick, high-grade copper and gold zones including silver intersected in the latest RC drilling program at the Bluebird discovery within Tennant Minerals’ 100%-owned Barkly Project in the Northern Territory. ▪ Lates
Slide 11: TMS Receives NT Government Grant for Perseverance Target
TMS Receives NT Government Grant for Perseverance Target ▪ A follow up drill program has been planned to extend the excellent results received from the July 2024 RC program at Bluebird and test the gold target at Perseverance. ▪ Geophysical information, mainly gravity and magnetic data, strongly sup
Slide 12: Project Discovery Opportunities–5km Gravity/Ironstone Corridor
Project Discovery Opportunities–5km Gravity/Ironstone Corridor ▪ Covers a 5km strike-length, east-west trending gravity-high indicating major ironstone corridor with multiple discoveries potential. ▪ Gravity/Ironstone corridor intersected by ENE-WSW trending fault structures - associated with copper
Slide 13: Successful Metallurgical Test-work Completed
Successful Metallurgical Test-work Completed ▪ Test-work shows above 91% of the copper in multiple drill- core composite samples from the Bluebird project can be extracted via conventional flotation, delivering a potentially commercial copper concentrate grading 24-29% copper (Cu) and 1.5- 4g/t gold
Slide 14: Strategic Copper & Gold Alliance Agreement
Strategic Copper & Gold Alliance Agreement ▪ CuFe Limited, Emmerson Resources and Tennant Minerals have formed a Strategic Alliance in the Tennant Creek region of the Northern Territory. 14 ▪ Agreement to investigate the potential for development of a single, multi-user processing facility for Coppe
Slide 15: Next Steps October 2024 to March 2025
BARKLY PROJECT and the Bluebird Discovery Next Steps October 2024 to March 2025 Initial Mineral Resource Environmental baseline First pass drilling on multiple estimation to Support studies and Heritage new Bluebird ‘look alike’ targets Collaboration Studies Agreement Current and planned activity Dr
Slide 16: Contact
Contact Vincent Algar, CEO E: valgar@tennantminerals.com T: +61 8 9481 7833 tennantminerals.com ASX:TMS 16
Slide 17: Cu Equivalence Calculation
Cu Equivalence Calculation Appendix Copper Equivalent Calculation The conversion to equivalent copper (CuEq) grade must take into account the expected plant recovery/payability and sales price of each commodity in the calculation. Approximate recoveries/payabilities are based on comparable deposits