Accent Resources Nl · ASX:ACS
Accent Resources Nl — Shareholder Meeting (November 2011)
17 slides from Accent Resources Nl's shareholder meeting presentation, Nov 30, 2011
Slide 1: Accent Resources NL Annual General Meeting
For personal use only ACCENT RESOURCES NL Annual General Meeting 30 November 2011
Slide 2: Important notice and JORC compliance
Important notice and JORC compliance • This presentation has been prepared and issued by Accent Resources NL (“ACS”) with the objective of providing information to interested parties about ACS. This presentation should not be considered as an offer or invitation to subscribe for or purchase any secu
Slide 3: Corporate Profile
For personal use only Corporate Profile ASX Code – ACS (Listing Date August 2005) Top 10 Shareholders @ 30/9/2011 No. %. Rich Mark Development (Group) Pty Ltd 27,640,589 16.0 Ordinary Fully Paid Shares @ 30/9/2011 173,000,233 Grandmaster Fortune Limited 21,563,608 12.5 Market Cap @ 32c $55.4 mill Xi
Slide 4: Accent Projects
Accent Projects - Exploring for iron, vanadium and gold in Western For personal use only Australia - Substantial expenditure on projects deferred - Company is considering opportunities to acquire iron ore and gold projects, and/or maximize value by divestment or spin out of existing assets Arcadia G
Slide 5: Magnetite Range – Overview
Magnetite Range – Overview For personal use only • Open pit mining of magnetite iron ore in the emerging Mid West iron ore province. Supportive federal and state government policies Oakajee • Significant electricity and rail infrastructure Oakajee Proposed port upgrades underway, proposed deep water
Slide 6: Magnetite Range – Status
Magnetite Range – Status • JORC resource For personal use only 391Mt @ 30%Fe (DTR 67%Fe, 30.8% Mass Rec) • >70% Indicated resource, +19,000m drilling This Area • Thick BIF, high +40% Mass Recovery in south to be Drilled adjacent to Extension Hill •188m @ 36.93 %Fe (DTR 67.6 %Fe, 5.25 %SiO2, 0.067 %S
Slide 7: Metallurgical Testwork
Metallurgical Testwork • Significant metallurgical test work and process engineering studies completed For personal use only • Julia prospect – Premium Product.. Simple processing produces high quality concentrate (high mass recovery 38%, high Fe +70%, low impurities) at coarse 75 and 45 micron grin
Slide 8: Vanadium Magnetite Deposits and Prospects
Vanadium Magnetite Deposits and Prospects For personal use only • Australian first production at Windimurra (Mineral Resources Ltd and Atlantic Ltd ) to commence end 2011 • Significant supply shortfall requires primary production from new mines • Australia’s largest deposit is Speewah 3.16Bt @ 0.35%
Slide 9: Katanning Vanadium Exploration
Katanning Vanadium Exploration Mine Hill For personal use only Red Hill Linda Sue • Large tenement holding, 80km strike. Titano vanadium magnetite outcrops • 94 shallow RC and 6 diamond holes completed, promising vanadium intersections • Diamond drilling intersected massive titanomagnetite in gabbro
Slide 10: Mine Hill Prospect
For personal use only Mine Hill Prospect Python Hill & Mine Hill Hole 10KTD001: Massive titanomagnetite in metagabbro – 20m @ 0.5% V2O5 from 94 to 110m 10KTD001 Drill Site Includes 16m @ 0.56% V2O5 • Priority follow up required
Slide 11: Red Hill Prospect
For personal use only Red Hill Prospect Red Hill • Partially tested 6km long target • Titano vanadium magnetite outcrops • Diamond drilling intersected massive titanomagnetite in metagabbro • Hole 10KTD005: 8m @ 0.71% V2O5 from 79 to 87m Ti V Magnetite Outcrop 16m @ 0.46% V2O5 from 94 to 110m 9m @ 0
Slide 12: Linda Sue Prospect
For personal use only Linda Sue Prospect Hole K4 – 5m @ 0.36% V2O5 • Anomalous V2O5 geochemistry & Ti V magnetite outcrop • Magnetic gabbro intersected in 2011 RC programme • RC hole K4 intersected 5m @ 0.36% V2O5 • RC hole 11KTR082 intersected 12m @ 0.405% V2O5 • Priority follow up required Ti V Ma
Slide 13: Geological Interpretation & Targets
For personal use only Geological Interpretation & Targets • Follow up completed at over 20 regional geological / geochemical targets and continuing • Drill targets at Mine Hill, Red Hill and Linda Sue
Slide 14: Gold Projects
For personal use only Gold Projects • Arcadia Project – Hope River prospect and an untested extension of mineralized shear require follow up • Norseman Project – Two gold resources Arcadia Gold Norseman Gold
Slide 15: Arcadia Gold Project
For personal use only Arcadia Gold Project • Three >2 million ounces gold deposits in district • Promising drill intercepts at Hope River prospect • 8m @ 3.89 g/t Au • 8m @ 4.24 g/t Au • 3m @ 5.93 g/t Au • 12m @ 1.7 g/t Au • 2km untested portion of the mineralized Hope River shear Hope River Prospec
Slide 16: Norseman Regional
Norseman Regional For personal use only 121o50’E Legend Jimberlana Dyke Granite Mt Kirk Formation 32o10’S Woolyeenyer Formation Norseman (2.2M ozs) Noganyer Formation (Mined 5M ozs) Surprise Penneshaw Formation (24,000 ozs) Fault Iron Duke Anticline, interpreted (41,300 ozs) 32o20’S Major Gold Depos
Slide 17: Norseman Gold Project
Norseman Gold Project • Heavily gold mineralized project area with two gold resources For personal use only • Anomalous Fe Assays in Banded Iron Formation • Soil sampling programme completed • Mining Agreement with Ngadju People • Drill targets Lady Mary south trend, Surprise and Iron Duke laterites
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