Matsa Resources Ltd · ASX:MAT
Matsa Resources — RIU Explorers Conference 2017
22 slides from Matsa Resources's conference presentation, Feb 23, 2017
Slide 1: A Vibrant, Growing, Well Funded Company Committed to Success
For personal use only A Vibrant, Growing, Well Funded Company Committed to Success RIU Explorers Conference February 2017 Paul Poli Executive Chairman
Slide 2: Important Notice: Disclaimer and Forward Looking Statements
Important Notice Disclaimer and Forward Looking Statements For personal use only This presentation has been prepared by Matsa Resources Limited (“Matsa” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in the Co
Slide 3: Corporate Overview
Corporate Overview Corporate Structure Directors For personal use only Stock Code ASX: MAT Paul Poli Executive Chairman, Managing Director Shares on Issue 144.7 M Frank Sibbel Non-Executive Director Unlisted Options 17.02 M @ $0.25 - $0.30 Non-Executive Director & Company Andrew Chapman Secretary Ma
Slide 4: Pathway to success
Pathway to success Well Funded For personal use only ~$9M cash and liquid assets, NO debt 6.6M shares Panoramic Resources (PAN) 48M shares Bulletin Resources (BNR) 13M shares Pantoro Limited (PNR) 0.75M shares Metals X Ltd (MLX) 0.24M shares West Gold Ltd (WGX) (as at 31 Dec 2016) Tight Shareholder
Slide 5: Diverse Project Portfolio
Diverse Project Portfolio Western Australian Projects For personal use only Lake Carey Gold Development Mt Weld Gold Drilling Killaloe Gold (80%) Evaluation Symons Hill Nickel CSIRO Mt Day Nickel Evaluation Thailand Projects Paisali Copper Diamond Drilling Siam Copper Exploring KT Gold Applications
Slide 6: Quality Pipeline of Projects
Quality Pipeline of Projects Lake Carey - Fortitude Gold Mine For personal use only Mining study of Fortitude gold deposit (354,600oz, JORC 2012) near - term gold production. Exploration upside adjacent to Fortitude, identified gold targets e.g. close to world class gold deposits Symons Hill – Explo
Slide 7: Lake Carey Gold Project
Lake Carey Gold Project Large tenement package 384km2, purchased at a For personal use only compelling price. Located in the prolific Laverton Tectonic Zone 70km south of Laverton Fast track to trial mining Q2 2017 Recent diamond drilling results • 2m @ 17.57g/t Au from 33m including 1m @ 30
Slide 8: Lake Carey - Geology
Lake Carey- Geology 25km south of AngloGold Ashanti Sunrise Dam (7.7Moz) For personal use only 60km south of Gold Fields Ltd’s Granny Smith (11.6Moz) 12km southeast of Saracen’s Red October (0.57Moz) Gold mineralisation is associated with the NS Fortitude Shear Zone in near vertical, sheeted
Slide 9: Lake Carey - Pathway to Production
Lake Carey- Pathway to Production For personal use only Granted mining licences with highly prospective exploration tenements Trial Mining study favorably completed Excellent existing haul roads with nearby toll milling opportunities currently in discussions Studies and development capital t
Slide 10: Lake Carey - Fortitude Trial Mine
Lake Carey- Fortitude Trial Mine For personal use only Project was acquired to fast track into production with Matsa moving quickly since acquisition and expecting to commence Q2 2017 after only 5 months No royalties or other third parties claims until 250,000oz Au production Cash surplus- $5.2M
Slide 11: Lake Carey - Fortitude Trial Mine
Lake Carey- Fortitude Trial Mine For personal use only Project was acquired to fast track into production with Matsa moving quickly since acquisition Favourable ore treatment/ore purchase agreements are available and discussions advancing Approvals advanced: Native vegetation clearance permit
Slide 12: Lake Carey - Exploration Upside
Lake Carey- Exploration Upside Large tenement package 384km2 in extent For personal use only Considerable scope for regional exploration success Drilling currently in progress 177 aircore drill holes of a planned ~250 drill hole programme has been completed to date A number of gold anomalo
Slide 13: Fraser Range Symons Hill - What's In Store
Fraser Range Symons Hill- What’s In Store For personal use only What's going on ??? What was awash with many small explorers is now consolidated IGO seem to be on a buying spree acquiring anything that’s for sale Multi-million $$$ prices being paid for quality Closeness to Nova must be app
Slide 14: Killaloe Gold
Killaloe Gold 203km2 located 35km NE of Norseman For personal use only S2R’s Polar Bear “gold corridor” can be seen to extend into Killaloe for ~20km Gold anomalies in soil and shallow drilling currently being followed up 14
Slide 15: Mt Day Nickel
Mt Day Nickel For personal use only 203km2 in size, 25km N of Maggie Hayes near Forrestania Historical intercepts of Ni with strong supporting Cu in weathered ultramafics e.g 3m @ 1.51% Ni & 0.17% Cu from 21m Recent RC drilling confirms Ni enriched laterite with weathered sulphide fragments ov
Slide 16: Thailand Projects
Thailand Projects Not without its problems, but not For personal use only impossible either Paisali Project Paisali tenements extension to the Siam Copper project Located in province with strong local support for mining Siam Copper Project Copper targets up to 25km2, visible copper mineralisat
Slide 17: Paisali Base Metals - Chang Copper Discovery
Paisali Base Metals - Chang 1 Copper Discovery Highly anomalous soil copper soil For personal use only anomaly over an area of ~1.8km x 1km Soil copper values up to 0.11% Cu Geochemical zoning - central zone of anomalous Cu, Ag surrounded by anomalous Pb, Zn etc. Scattered diorite rubble and
Slide 18: Chang Diamond Drilling
Chang 1 Diamond Drilling Results from 6 of 11 holes returned For personal use only Re-assays show 22m at 0.55% Cu within 48m at 0.39% Cu 17.7m at 0.34% Cu within 88m at 0.18% Cu Drilling intersects altered diorite intrusion with chalcopyrite +/- covellite plus pyrite and magnetite over signi
Slide 19: Siam Copper Project
Siam Copper Project 20 granted SPL’s and 28 SPL For personal use only Applications covering 653km2 Central Thailand, good infrastructure and close to town sites with power, water, housing and large workforce Copper targets up to >25km2, visible copper mineralised float, under- explored, multip
Slide 20: Siam IP Survey
Siam 1 IP Survey Five high priority (IP) anomalies For personal use only IP anomalies associated with copper mineralised float at Siam 1 W High grade chalcocite vein (54.6% Cu and 148g/t Ag) over Anomaly 1 Strong support for hypothesis of “leakage” over concealed copper sulphide mineralisati
Slide 21: FY2017 Value Drivers
FY2017 Value Drivers A clear and committed growth plan For personal use only Production Q2 2017 fully funded Experienced and committed board and management Strong balance sheet – cash, liquid assets and no debt All the necessary technical and commercial skills in-house Supportive and tig
Slide 22: Contact
Contact Paul Poli For personal use only Executive Chairman Suite 11, 139 Newcastle Street Perth, Western Australia 6000 +61 8 9230 3555 reception@matsa.com.au 22