Aureka Limited · ASX:AKA
Aureka — Investor Presentation (July 2019)
20 slides from Aureka's investor presentation, Jul 10, 2019
Slide 1: Victoria’s Gold Renaissance
Victoria’s Gold Renaissance Delivering Value Through Mineral Discovery 10 July 2019 ASX: NML
Slide 2: Forward-looking Statement & Disclaimer
Navarre Minerals Ltd ASX:NML Forward-looking Statement & Disclaimer This presentation has been prepared by Navarre Minerals Limited (Navarre or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summ
Slide 3: Key player in Victorian gold renaissance
Navarre Minerals Ltd Navarre Minerals Limited ASX:NML Key player in Victorian gold renaissance Navarre specialise in the discovery of gold in Victoria and is working on delivering a new generation of large, low-cost mineral deposits from a pipeline of quality projects Project Pipeline: Two advance
Slide 4: Corporate Overview
Corporate Overview CAPITAL STRUCTURE SHARE PRICE & VOLUMES $0.14 10,000,000 Shares on issue 435.0 million 9,000,000 $0.12 8,000,000 Share price $0.079 per share $0.10 7,000,000 $0.08 6,000,000 5,000,000 Market capitalisation $34.3 million $0.06 4,000,000 $0.04 3,000,000 Cash (30 June 2019) $6.0 mill
Slide 5: Targeting Victoria’s next major gold deposits
Navarre Minerals Ltd ASX:NML Targeting Victoria’s next major gold deposits NEAR TERM GOAL Aiming for a maiden mineral resource in H2 2020 FOCUS: Targeting potential multi-million ounce gold systems: 1. Drill Stawell Gold Corridor for the next ‘Stawell’ 2. Drill Tandarra Gold Project for the next ‘
Slide 6: Victoria’s Goldfields Renaissance
Navarre Minerals Ltd Victoria’s Goldfields Renaissance ASX:NML Increasing levels of corporate activity The high-grade Swan discovery at Kirkland Lakes’ Fosterville Gold Mine renews focus on Victorian goldfields: Reserve upgrade in Q1 2019 to 2.7Moz @ 31 g/t gold* Fosterville production guidanc
Slide 7: Stawell Gold Corridor
Navarre Minerals Ltd ASX:NML Stawell Gold Corridor Best placed to deliver a potential near-term multi-million ounce gold deposit Proven gold corridor - 6Moz gold mined from Stawell & Ararat goldfields from 40km strike Dominated by Stawell’s +4Moz Magdala gold deposit Navarre (100%) owns 60km s
Slide 8: Stawell Gold Corridor Exploration Model
Navarre Minerals Ltd ASX:NML Stawell Gold Corridor Exploration Model Stawell Gold Mine: multiple lodes on a basalt dome 0.9km Surface Footprint Operating Underground gold mine +4Moz gold production Mined grade: 4 – 6 g/t Au 1.6 km Multiple ore “shoots” on flanks of basalt dome Ore shoots a
Slide 9: Irvine Basalt Dome
Navarre Minerals Ltd ASX:NML Irvine Basalt Dome Resolution Lode: 1.6km surface footprint:* 6.0m @ 6.3 g/t Au (IAC018) – ‘Discovery hole’ 18.7m @ 7.1 g/t Au (RD006) 4.0m @ 9.8 g/t Au (RD002) 2.9m @ 12.9 g/t Au (RD001) 2.0m @ 41.5 g/t Au (IAC018) Adventure Lode: 1.3km surface footprint:* 6.0m @ 5.
Slide 10: Resolution Lode
Navarre Minerals Ltd ASX:NML Resolution Lode Longitudinal projection – room to grow 2019/20 EXPANSION DIAMOND DRILLING (refer to NML ASX release 25/7/2018) 10.
Slide 11: Adventure Lode
Navarre Minerals Ltd ASX:NML Adventure Lode Longitudinal projection – gold shoots similar to Stawell Gold Mine 2019/20 EXPANSION DIAMOND DRILLING See NML ASX release 29 January 2019 11.
Slide 12: Langi Logan Basalt Dome
Navarre Minerals Ltd ASX:NML Langi Logan Basalt Dome New Stawell-style gold discovery under cover 12. See NML ASX releases 30 January 2019 & 12 February 2019
Slide 13: Tandarra Joint Venture
Navarre Minerals Ltd ASX:NML Tandarra Joint Venture Finding the next Bendigo - Fosterville Victoria’s largest gold camp – 31Mozs & counting Tandarra / Four Eagles – similar gold footprint to Kirkland Lake’s Fosterville Gold Mine & Bendigo Goldfield High-grade gold under cover starting from 20m
Slide 14: Tandarra Joint Venture
Navarre Minerals Ltd ASX:NML Tandarra Joint Venture Advancing Tandarra in partnership with CYL (49% NML) > 1.1km strike of gold mineralisation (source: CYL ASX release 1 July 2019) 14.
Slide 15: Project Pipeline
Navarre Minerals Ltd ASX:NML Project Pipeline ST ARNAUD – Potential Fosterville analogue • Drilling confirms goldfield extends under cover to north • Strong gold and silver in recent drilling: 4m @ 6.6 g/t Au from 48m* 1m @ 67.4 g/t Ag from 50m* 6m @ 2.5 g/t Au from 80m* (*refer to NML ASX rel
Slide 16: Indicative Activity Timeline & News flow
Navarre Minerals Ltd ASX:NML Indicative Activity Timeline & News flow Navarre is well-funded to execute its drilling programs to drive significant news flow over 2019/20 16.
Slide 17: Investment Case
Investment Case Strong focus on Victorian goldfields Strong $6M cash position to fund significant exploration activity $2.5M - $3.0M exploration program planned for 2019 / 2020: Resource definition diamond drilling commencing at Irvine in 4Q19 Expansion drilling at Tandarra JV in 1Q20 La
Slide 18: For more information contact
Navarre Minerals Ltd ASX:NML Navarre Minerals Limited For more information contact Navarre Minerals Limited 40-44 Wimmera Street Stawell VIC Australia 3380 Tel: +61 3 5358 8625 Website: www.navarre.com.au Email: info@navarre.com.au 18.
Slide 19: Appendix 1: Glenlyle Gold - Silver Project
Navarre Minerals Ltd ASX:NML Appendix 1: Glenlyle Gold - Silver Project Recent shallow discovery in Stavely Arc Shallow gold-silver discovery in Stavely Arc, western Victoria Multiple gold + base metals veins in broad (>150m wide) silver zone Drill holes end in mineralisation below an extensiv
Slide 20: Appendix 2: St Arnaud Gold Project
Navarre Minerals Ltd ASX:NML Appendix 2: St Arnaud Gold Project Searching for Fosterville-style gold mineralisation Navarre’s drilling confirms: extension of historic goldfield north under shallow Murray Basin cover Mineralised x-cutting quartz veins with similar structural framework to Foster