Paterson Resources Limited · ASX:PSL
Paterson Resources — Shareholder Meeting (December 2020)
22 slides from Paterson Resources's shareholder meeting presentation, Dec 11, 2020
Slide 1: AGM Presentation
For personal use only AGM Presentation ASX: PSL 11th December 2020
Slide 2: Disclaimer
DISCLAIMER For personal use only DISCLAIMER This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This
Slide 3: Company Status
COMPANY STATUS For personal use only Company fully funded and well placed to complete drilling campaigns over the highly prospective tenure in WA and NSW Experienced board and management team in place to aggressively pursue successful exploration programs EIS Funding of $200k Awarded to test l
Slide 4: Capital Structure
CAPITAL STRUCTURE For personal use only Capital Structure as of ASX on 10th December 2020 Share Price $0.003 1 Shares on Issue 4,755,533,061 2 Shares on Issue Post Consolidation 317, 035,537 3 Options to be listed Post Consolidation 38,095,2383 Performance Shares 4,000,0003 Market Cap/Cash at Bank $
Slide 5: Board and Management
BOARD AND MANAGEMENT For personal use only Nick Johansen A solicitor with extensive mining experience, ranging from junior exploration to production, across a range of commodities, Nick has expertise in transactions, resources regulation, native title and environmental law. Nick completed his Gradua
Slide 6: Project Locations
PROJECT LOCATIONS For personal use only Grace Gold Project - Paterson Range WA Burraga Cu/Au NSW Pilbara Gold WA • Bellary • Cheela • Elsie North • Hamersley
Slide 7: Advanced Exploration in Paterson Range, a World Class Mineral Province
GRACE – ADVANCED GOLD PROJECT Advanced Exploration in Paterson Range, For personal use only a World Class Mineral Province 25km southeast of 32Moz Telfer gold mine 50km from Greatland Gold Plc Haverion discovery New Rio Tinto Winu copper discovery to the northeast Outcropping gold minerali
Slide 8: Inferred Mineral Resource of Oxide / Transitional Mineralisation
GRACE – ADVANCED GOLD PROJECT Inferred Mineral Resource of Oxide / Transitional Mineralisation of For personal use only 1,590,000 tonnes @ 1.35 g/t Au of 69,000ozs (PSL/HDY ASX Ann 20 Feb 2018 *) Historic drilling carried out by Newmont Australia/Newcrest with no subsequent exploration drilling
Slide 9: Exploration Target
GRACE – ADVANCED GOLD PROJECT Exploration Target - 2.2–2.8m tonnes @ 0.9 -1.3 g/t Au for 64,000 to For personal use only 117,000 ozs Au extends over 4,130m of strike (PSL/HDY ASX Ann 20 Feb 2018) Note that the tonnage and grade of the Exploration Target is conceptual, that there is insufficient
Slide 10: Grace on a major regional lineament
GRACE – ADVANCED GOLD PROJECT For personal use only Grace on a major regional lineament Same host rocks as Telfer, Tim’s Dome and Telfer West Stacked vein sets parallel to regional structure Additional parallel structural targets picked up under regional cover by geophysics
Slide 11: Inferred Mineral Resource extends over limited strike and depth
GRACE – ADVANCED GOLD PROJECT Inferred Mineral Resource extends over only 1,140m strike and to a depth of For personal use only 140m, with mineralised intersections at depth which require further drilling
Slide 12: Known drill intersections not included in the resource
GRACE – ADVANCED GOLD PROJECT Known drill intersections between 250 - 500m not included in the For personal use only resource, highlighting untested potential at depth (HDY ASX Ann 23 Jan 2018)
Slide 13: Resource and exploration target upgrade by infill drilling
GRACE – ADVANCED GOLD PROJECT Resource and exploration target can increased to a higher level of confidence by For personal use only infill drilling where drill density was insufficient or drilling was not to JORC 2012 standard eg RAB drilling, confirmation of historical assays, etc
Slide 14: Exploration Program
GRACE – EXPLORATION PROGRAM For personal use only Ongoing processing historical drill data, aeromagnetics and Induced Polarisation (IP) geophysical data Recent IP and VTEM survey data is currently being processed, with initial data indicating anomalous trends associated with mineralisation that
Slide 15: For personal use only
GRACE – ADVANCED GOLD PROJECT For personal use only
Slide 16: Gold Project
GRACE GOLD PROJECT For personal use only Parralell Trends Chargeability Anomaly
Slide 17: Burraga Copper Gold Project
BURRAGA COPPER GOLD PROJECT For personal use only Located in the highly prospective East Lachlan Fold Belt of NSW The Lloyd’s Copper Mine and smelter operated between 1880 and 1920 Historic copper production from underground operations of 19,443 tonnes of copper from 469,626 tonnes of ore* G
Slide 18: Burraga Copper Gold Project - Lloyds Combined Resources Statement
BURRAGA COPPER GOLD PROJECT Lloyds Combined Resources Statement (PSL/HDY ASX Ann 23 June 2015) For personal use only Subsequent exploration drilling since June 2015 has not generated sufficient new data nor has material assumptions & technical parameters varied sufficiently to materially change
Slide 19: Burraga Copper Gold Project
BURRAGA COPPER GOLD PROJECT For personal use only Prospect Category Tonnes g/t Au Au Metal ozs Measured Indicated Hackney's Creek Inferred 2,210,000 1.4 102,300 Total 2,210,000 1.4 102,300 Measured Indicated Lucky Draw Inferred 470,000 2.1 31,700 Total 470,000 2.1 31,700 Measured Indicated Total Inf
Slide 20: Pilbara Gold Project – Cheela Plains
PILBARA GOLD PROJECT – CHEELA PLAINS Cheela Plains EL prospective for vein hosted gold For personal use only Rock chip sampling programme carried out on Big Sarah North Prospect in May 2019 HDY ASX Ann 19 July 2019 Soils Proposed to identify drill targets planned for Q1 2021
Slide 21: Pilbara Gold Projects
PILBARA GOLD PROJECTS For personal use only Conglomerate hosted gold projects within the Lower Fortescue Group Bellary & Elsie North are contiguous to Novo Resources Potential for sub- surface targets of conglomerate hosted gold and polymetallic mineralisation
Slide 22: Gold Project
GRACE GOLD PROJECT For personal use only Phone: +61 8 6559 1792 www.patersonresources.com.au
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