Apollo Minerals Limited · ASX:AON
Apollo Minerals — Investor Presentation (July 2014)
23 slides from Apollo Minerals's investor presentation, Jul 2, 2014
Slide 1: Investor Presentation
For personal use only INVESTOR PRESENTATION On the search for Australia’s next major discovery July 2014
Slide 2: Company overview
Company overview For personal use only Stock Exchange ASX Code: AON Insert Picture Frankfurt Code: A0M5PT, Symbol: 4AP Berlin Code: A0M5PT, Symbol: 4AP A: Drill Rig B: Core From Acacia East (massive Shares on issue 493 million sulphides) Unlisted options* 60 million Market cap $12.5 million Sharehol
Slide 3: Exploration team
Exploration team For personal use only Directors and Management Exploration Team Richard Shemesian (Chairman) Chris Anderson (Geophysicist) • Investment banker and lawyer with over 20 years experience • A geophysicist with over 35 years experience in Australia in mineral exploration, corporate strat
Slide 4: Targeting world-class copper gold deposits in SA
Targeting world-class copper gold deposits in SA using first class technology and experts For personal use only • Four of the world’s largest IOCG deposits located in the Gawler Craton, South Australia • Apollo targeting major deposits like Olympic Dam, Carrapateena, Prominent Hill, Value = $billion
Slide 5: Copper and Gold Demand
Copper and Gold Demand For personal use only • Market strength in copper and gold • Existing mines depleting • Continued copper demand growth • China largest consumer of copper and buyer of gold and expected to increase • Supply deficit forecast • New discoveries and mines required to meet increasin
Slide 6: New technology making discoveries
New technology making discoveries For personal use only Old way: Drill … Drill … Drill Cadia Valley: 1.5 billion tonnes resource defined over 20 years New way: Geophysics Targeting -> Drill Oyu Tolgoi: 6-8 billion tonnes resource intensive use of IP prior to drilling over 6 years Latest technology a
Slide 7: SA IOCG Features
SA IOCG Features For personal use only Key features of major IOCGs in SA : • Geology indicating Hiltaba granites and near base of GRVs • Weak to moderately magnetic mafic volcanics or intrusives • Major structural intersections • Separation between magnetic and gravity source positions • Gravity ano
Slide 8: How Carrapateena was discovered
How Carrapateena was discovered For personal use only • 1976-83: Targeted ground around the only known South Australian IOCG – Olympic Dam, which was still over 100km away • Sought magnetic terrain as it was believed to be an important source of Cu and Au but it was tied up by WMC • MIM searched for
Slide 9: Titan IOCG Project: highly prospective JVs
Titan IOCG Project: 3 highly prospective JVs For personal use only Cwth Hill JV with HPX: Stage 1 – HPX $1m spent on large IP survey and initial follow-up drilling To earn 51% HPX to spend $1.7m Stage 2 – Total spend of $3.4m to earn 80% Eaglehawk JV with Mincor Min expenditure completed T
Slide 10: Northern Gawler Craton: Key Major Target Areas
Northern Gawler Craton: Key Major Target Areas For personal use only Mars Aurora Tank Target Wirrida / Bundi Prospects Prominent Hill – Bundi – White Hill Intrusive Complex Wirrida Intrusive Complex Multiple target areas in a project area spanning 1500km2 11 9
Slide 11: Apollo HPX Cwth Hill JV Area
Apollo HPX Cwth Hill JV Area For personal use only HPX Typhoon Survey – Magnetic Intensity Wirrida Intrusive Complex Commonwealth Hill JV Survey and Target Area 14km N. Bundi Gravity Survey Map N. Bundi 10
Slide 12: Apollo HPX Wirrida-Bundi major targets
Apollo HPX Wirrida-Bundi major targets For personal use only HPX Typhoon Survey 10 Major Targets Identified (140km2 area) Wirrida The Approach: Complex 1. Identify best chargeable anomalies 2. Identify if these anomalies also show high mag, gravity etc signature of major ore deposits 3. Assess all a
Slide 13: Apollo HPX Wirrida-Bundi major targets
Apollo HPX Wirrida-Bundi major targets For personal use only Target 5: Target 5: • Located within but near the edge of • Target not only chargeable but associated Wirrida complex on major structure with pipe-like density anomaly • Very strong chargeable anomaly • Moderately conductive 12 Target: Hem
Slide 14: Bundi IOCG Prospect
Bundi IOCG Prospect For personal use only Major S.Australian IOCG Deposits vs Apollo Bundi IOCG Prospect • Bundi – similar gravity N. Bundi AON100%/HPX 80%* signature to IOCGs in SA • Gravity footprint larger than Carrapateena/Prominent Hill ≅ Olympic Dam • Proximity to ODam S. Bundi (AON 75%*) Hilt
Slide 15: Bundi IOCG Prospect
Bundi IOCG Prospect For personal use only Bundi Ticks the boxes and more! North Gawler Craton Bundi Prospect and Major Copper Deposits Features of major IOCGs in SA : Geology indicating Hiltaba granites and near base of GRVs Weak to moderately magnetic mafic volcanics 100km or intrusives Major
Slide 16: Bundi Prospect v Olympic Dam
Bundi Prospect v Olympic Dam For personal use only Exploration Model for Bundi IOCG is a close fit to Olympic Dam Potentially a complete Olympic Dam type system beneath thin (1-200m) of sediments Bundi IOCG comparable in scale to Olympic Dam 15
Slide 17: Mars Aurora Tank IOCG Target
Mars Aurora Tank IOCG Target For personal use only Edges of dense Edges of dense gravity bodies gravity bodies Prominent Hill Discovery hole Anomaly – 400m wide Magnetic bodies URN001 from Mag Survey 1 km Mars-Aurora Tank Prominent Hill Preliminary Geophysics Mars Aurora Tank Anomaly ? – 500m wide D
Slide 18: Northern Gawler Craton: Exploration for major IOCG
Northern Gawler Craton: Exploration for major IOCG For personal use only Apollo aggressively exploring and drilling large copper and IOCG targets from mid 2014 onwards 17
Slide 19: Gawler Craton IOCG: The opportunity
Gawler Craton IOCG: The opportunity For personal use only Australia contains the third largest world economic resource of copper. 67% of Australia's copper resources are located in the Gawler Craton, South Australia. 32% of all copper production is sourced from SA IOCG belt (312,000t Cu metal) Incre
Slide 20: Disclaimer
Disclaimer For personal use only ?? COMPETENT PERSON DECLARATION The information in this Report that relates to Exploration Targets/Exploration Results is based on information compiled by Mr Derek Pang who is a member of the Australasian Institute of Mining and Metallurgy. Derek is a full time emplo
Slide 21: Follow Apollo Minerals on Twitter
For personal use only Follow Apollo Minerals on Twitter: @ApolloMinerals
Slide 22: Appendix: What is an IOCG?
Appendix: What is an IOCG? For personal use only Definition – very broad No Magnetite-apatite deposits (Kiruna-type) Cu Direct intrusion Carbonatite-Fe-oxide-F-REE deposits association Cu-Au-Fe porphyry (alkalic) deposits Cu-Au-Fe skarn deposits Ironstone replacement Au-Cu deposits Typical IOCG Fe o
Slide 23: Appendix: Modern best practice targeting
Appendix: Modern best practice targeting For personal use only Component Ideal characteristics Mineral System Model Sources of Metals and Fluids Fe, Cl and S Sources: Fe-rich basins and metasediments or A-type felsic magmas Cu and Au Sources: Mesoproterozoic (circa 1590Ma) mafic-ultramafic rocks Hea