Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Shareholder Meeting (November 2019)
18 slides from Nexus Minerals's shareholder meeting presentation, Nov 27, 2019
Slide 1: AGM Presentation November 2019
For personal use only AGM Presentation November 2019 www.nexus-minerals.com
Slide 2: Disclaimer & Competent Persons Statement
DISCLAIMER & COMPETENT PERSONS STATEMENT • This document contains forward looking statements. Forward looking statements are not based on historical facts, but are based on Nexus's current expectations of future results or events. These forward looking statements are subject to risks, uncertainties
Slide 3: Company Snapshot
COMPANY SNAPSHOT CORPORATE OVERVIEW BOARD AND MANAGEMENT For personal use only Nexus Minerals Limited ASX: NXM Chairman Mr Paul Boyatzis Managing Director Mr Andy Tudor Shares 118 million Non - Executive Director Dr Mark Elliott Share Price (25/11/2019) A$0.046 Non - Executive Director Mr Bruce Malu
Slide 4: Company Snapshot: Targeting Discovery of Large Scale Gold Deposits
COMPANY SNAPSHOT TARGETING DISCOVERY OF LARGE SCALE GOLD DEPOSITS IN WESTERN AUSTRALIAN GOLDFIELDS For personal use only ➢ Strategic landholding in Eastern Goldfields, WA ➢ Saracen Mineral Holdings (Saracen ASX:SAR) ❑ 6% Shareholder & JV Partner ➢ Highly Prospective Regional Tenement Package ❑ Wallb
Slide 5: Project Locations
PROJECT LOCATIONS Eastern Goldfields Western Australia Key Projects For personal use only ➢ Wallbrook Gold Project ➢ Pinnacles Gold Project Portfolio Projects ➢ Triumph Gold Project ➢ Mt Celia Gold Project Total Package 680km2
Slide 6: Wallbrook Gold Project
WALLBROOK GOLD PROJECT ➢ 140km northeast of Kalgoorlie & immediately north of Saracen’s Carosue Dam Operations For personal use only ➢ Saracen aggressively exploring adjacent tenement package – Upgrading Carosue Dam facilities – mill, paste plant, camp, airstrip……. ➢ 250km2 contiguous tenement packa
Slide 7: Saracen's Karari Gold Mine – The Target Style
SARACEN’S KARARI GOLD MINE – “THE TARGET STYLE” Karari Gold Mine Discovery* 1991 For personal use only ➢ 400m gold soil anomaly; ➢ RAB drilling identified >100ppb Au anomaly; ➢ Discovery hole ➢ 26m @ 0.13g/t Au (from 58m) Hosted in small felsic intrusive; ➢ 54m @ 0.21g/t Au (from 154m) Hosted in str
Slide 8: Paint Prospect
PAINT PROSPECT Nexus Geophysical Surveys - excellent vectors for mineralisation and drill planning ➢ High Resolution Ground Magnetics – Structure + anomalous magnetic lows within magnetic highs For personal use only ➢ Coincident GAIP Chargeability & Resistivity anomaly – Silicification and sulphide
Slide 9: Paint Prospect – The Opportunity
PAINT PROSPECT – THE OPPORTUNITY Targeting “Karari Style” Mineralisation For personal use only ➢ Nexus RC Drill holes – Mineralisation hosted in variably hematite altered intrusive and host rocks ➢ Multiple zones of 1g/t+ Au intersections ➢ 64m @ 0.32g/t Au (from 28m) ➢ 48m @ 0.36g/t Au (from 156m)
Slide 10: Crusader - Templar and North
CRUSADER - TEMPLAR AND NORTH Exploration Completed 2019 For personal use only ➢ Crusader Prospect 40 hole 4626m RC Drill program confirmed mineralisation style, alteration style and gold grades along 600m strike zone; ➢ Crusader JORC 2012 Mineral Resource Estimate; ❑ 2.17Mt @ 1.22g/t Au for 85,000 o
Slide 11: Crusader Prospect
CRUSADER PROSPECT ➢ Crusader Prospect 40 hole 4626m RC Drill program confirmed mineralisation style, alteration style and For personal use only gold grades along 600m strike zone; ➢ Crusader JORC 2012 Mineral Resource Estimate; ❑ 2.17Mt @ 1.22g/t Au for 85,000 ounces ➢ 54% of the mineral resource wi
Slide 12: Crusader Prospect
CRUSADER PROSPECT --- Mineral Resource Envelope For personal use only
Slide 13: Crusader Prospect
For personal use only CRUSADER PROSPECT
Slide 14: Templar Prospect
TEMPLAR PROSPECT Gravity and High Resolution Ground Magnetics surveys = Highlight mineralised corridor For personal use only
Slide 15: Templar Prospect and The Gap
TEMPLAR PROSPECT AND THE GAP Exploration Completed For personal use only ➢ 4,375m Aircore drill program completed September; ➢ Templar Aircore program tested multiple targets and successfully delineated the mineralised corridor; ➢ Hole #19 - 3m @ 8.37g/t Au (eoh) ▪ Incl 1m @ 24.43g/t Au (eoh) ➢ Hole
Slide 16: Wallbrook Gold Project Planned Exploration Activities
WALLBROOK GOLD PROJECT Planned Exploration Activities ➢ Historic data compilation across 250km2 tenure For personal use only ➢ Exploration strategy development ➢ Geological - Alteration - Structural mapping ➢ Analysis of new & historical geochemical datasets ➢ Modelling of new & historical geophysic
Slide 17: Nexus Month Program
NEXUS 6 MONTH PROGRAM For personal use only Jan Feb March April May June 2020 2020 2020 2020 2020 2020 Templar / The Gap Prospect Templar / The Gap Prospect 4000m Aircore Drill program RC Follow up Drill program Wallbrook Detailed High Resolution Ground Magnetic Survey The Gap and moving North Paint
Slide 18: Summary
SUMMARY Contact: ✓ Highly Prospective and strategic landholding Mr Andy Tudor For personal use only ✓ Major gold producer Saracen – shareholder, JV Managing Director andy.tudor@nexus-minerals.com partner and supporter of Nexus’ district exploration activities NEXUS MINERALS LIMITED ASX:NXM ✓ Active