Matsa Resources Ltd · ASX:MAT
Matsa Resources — Gold Coast Investment Showcase (June 2017)
24 slides from Matsa Resources's conference presentation, Jun 21, 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 June Update 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 ~$7M cash and liquid assets, NO debt 6.6M shares Panoramic Resources (PAN) 48M shares Bulletin Resources (BNR) 0.75M shares Metals X Ltd (MLX) 0.24M shares West Gold Ltd (WGX) Tight Shareholder Base Substantial and supportive Top 20 shareholders ~
Slide 5: Diverse Project Portfolio
Diverse Project Portfolio Western Australian Projects For personal use only Lake Carey Gold Development Mt Weld Gold Drilling Symons Hill Nickel CSIRO Killaloe Gold Exploration Thailand Projects Paisali Copper Diamond Drilling Siam Copper Exploring KT Gold Applications 5
Slide 6: Quality Pipeline of Projects
Quality Pipeline of Projects Lake Carey - Fortitude Gold Mine Mining study of Fortitude gold deposit For personal use only (354,600oz, JORC 2012) near - term gold production. Trial Mining set to commence July Lake Carey - Exploration 700m long gold mineralised zone at BE 1 eg. 21m @ 1.84 g/t Au from
Slide 7: Carey Gold Project
Lake Carey Gold Project Large tenement package 445km2 For personal use only Located in the prolific Laverton Tectonic Zone with world class gold mines like Sunrise Dam Trial mining set to commence Q2 2017 Recent diamond drilling at Fortitude Gold Deposit • 2m @ 17.57g/t Au from 33m including
Slide 8: Carey - Location and Geology
Lake Carey- Location and Geology Located in prolific Laverton Tectonic Zone, its world class “Elephant Country” for gold mineralisation For personal use only 25km south of AngloGold Ashanti Sunrise Dam (7.7Moz) 60km south of Gold Fields Ltd’s Granny Smith (11.6Moz) 12km southeast of Saracen’
Slide 9: Fortitude - Pathway to Production
Fortitude - Pathway to Production For personal use only Granted mining licences with highly prospective exploration tenements Trial Mining fully approved and set to commence July 2017 Feasibility study into full scale mining project ongoing and on completion of trial mine New anomalous gold
Slide 10: 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 expected to commence July 2017 No royalties or other third parties claims until 250,000oz Au production Cash surplus- $5.2M Trial pit- 8 month
Slide 11: Carey - Fortitude Deposit Trial Mine
Lake Carey- Fortitude Deposit Trial Mine Mining set to begin within weeks For personal use only Very low CAPEX All Approvals in place Favourable Ore Purchase Agreement for sale of all ore from Trial Mine executed with AngloGold Ashanti Limited (world class producer) Mining contract awarded
Slide 12: Carey - Exploration Upside
Lake Carey- Exploration Upside For personal use only Large tenement package 445km2 in extent following significant recent acquisitions Considerable scope for regional exploration success in strongly gold-endowed Laverton Tectonic Zone 25,000m of aircore drilling programme defines 3 high priori
Slide 13: Carey - Exploration BE
Lake Carey- Exploration BE 1 For personal use only Drilling at BE 1 defines 700m long zone of gold mineralisation in monzo-diorite intrusion • Significant gold assays include: • 17LCAC230 21m @ 1.84 g/t Au from 87m Incl. 7m @ 5.17 g/t Au Incl. 1m @ 17.2 g/t Au, • 17LCAC239 4m @ 2.49 g/t Au from 48
Slide 14: Carey - Diamond Drilling BE
Lake Carey- Diamond Drilling BE 1 For personal use only Diamond Drilling at BE 1 identifies Visible Gold in first drill hole 7 Diamond hole programme at BE 1 commenced with several holes already completed Extensive anomalous gold area, potential to host significant gold resources Favourable
Slide 15: Carey - Air Core at Bindah Extended
Lake Carey- Air Core at Bindah Extended Stage 2 aircore drilling has commenced For personal use only BE 3 test extents of highly gold anomalous aircore results in previous drilling including 4m @ 0.89 g/t Au, in altered dolerite BE 2 determine the extent of anomalous gold values including 1m @
Slide 16: Carey - A great place to be
Lake Carey- A great place to be For personal use only Existing Gold resources in excellent prolific gold mining district Very large neighbouring gold mines providing infrastructure and opportunities Nearolgy breeds potential, “the best place to look for gold is near existing gold” Aggressive
Slide 17: 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 ap
Slide 18: 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 mineralis
Slide 19: 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 20: Chang Diamond Drilling
Chang 1 Diamond Drilling Copper occurs as chalcopyrite +/- For personal use only covellite plus pyrite and magnetite Significant intercepts include: 158m at 0.2% Cu from 18m, including 42m at 0.4% Cu from 18m 114m at 0.15% Cu from 64m, including 11.7m at 0.3%Cu from 68.3m 136m at 0.17% Cu
Slide 21: 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 22: 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 23: FY2017 Value Drivers
FY2017 Value Drivers A clear and committed growth plan For personal use only Production Q3 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 24: 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 24
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