Empire Resources Limited · ASX:ERL
Empire Resources — Investor Presentation (March 2022)
24 slides from Empire Resources's investor presentation, Mar 14, 2022
Slide 1: Building Value Through Exploration – Investor Presentation
For personal use only Building Value Through Exploration Investor Presentation 14 March 2022 EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au
Slide 2: Disclaimer
Disclaimer For personal use only This presentation is for information purposes only. This presentation has been prepared by Empire Resources Limited (“Empire” or the “Company”) and contains general background information about Empire’s activities as at the date of this presentation (“Information”).
Slide 3: Highlights
Highlights For personal use only Significant advances in recent exploration activity Diamond drilling completed at Yuinmery Project – assay results pending Target generation at Nanadie Project Field work commencing at Barloweerie Project Expanding project portfolio Granted tenement holding grows to
Slide 4: Investor Dashboard
Investor Dashboard For personal use only Capital Structure (at COB 11 March 2022) Board & Management Share Price $ 0.009 Michael Ruane Non-Executive Chairman FPO Shares Outstanding m 1,038.57 Sean Richardson Managing Director Unlisted Options m 64.91 Jeremy Atkinson Non-Executive Director Cash (Unau
Slide 5: Investments – Penny's Find Gold Mine Royalty
Investments – Penny’s Find Gold Mine Royalty For personal use only 5% Net Smelter Royalty for first 50,000oz, 2.5% thereafter [1] Plus $400,000 in remaining staged milestone payments High grade gold mine 45km northeast of Kalgoorlie Open pit production – 138,272t @ 4.47g/t Au for 18,356oz Au [2] Und
Slide 6: Empire Projects
Empire Projects For personal use only 452km2 of granted tenements 418km2 in tenement applications Yuinmery (Au, Cu-Au, Cu-Ni-Co & PGM’s) 370km NE of Perth 7km from Youanmi Mine Site Nanadie (Cu-Au) 70km east of Meekatharra Barloweerie (Zn-Pb-Ag-Au) 150km west of Cue Penny’s Gold Project (Au) 45km NE
Slide 7: Yuinmery Project
Yuinmery Project For personal use only Polymetallic base metals and orogenic gold 107km2 granted exploration tenements Very large synclinal structure Multiple deposits, prospects and targets 2 deposits – 1 JORC Resource 26 prospects – 6 untested below 75m 18 defined targets – 9 untested by drilling
Slide 8: Yuinmery – Base Metals
Yuinmery – Base Metals For personal use only EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au 8
Slide 9: Yuinmery – Smiths Well
Yuinmery – Smiths Well For personal use only Broad zones of massive to disseminated sulphides pyrrhotite-chalcopyrite-pyrite Extensive Cu-Ni-Co mineralisation Open along strike and down dip Diamond drilling recently completed January 2022 [4] Assays pending – due April & May 2022 DHEM surveys – Marc
Slide 10: Yuinmery – Smiths Well
Yuinmery – Smiths Well For personal use only 30m of visible massive/disseminated sulphides (YDD22-02) [5] Preliminary assay results include: 17.6m @ 0.70% Cu, 0.21% Ni & 0.04% Co Remaining assay results pending Petrographic studies underway EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.a
Slide 11: Yuinmery – YT01
Yuinmery – YT01 For personal use only Target identified late 2019 Geochemical signature over 3.5km PGM mineralisation discovery [6] 20m @ 0.39% Cu & 0.11% Ni fr. 143m inc 12m @ 0.34g/t Pd, 0.11g/t Pt fr. 151m Diamond drilling recently completed [4] Visible pyrite & chalcopyrite [7] Assay results pen
Slide 12: Yuinmery – A Zone
Yuinmery – A Zone For personal use only 1.3km along strike from Just Desserts Previous intersections include [8] 12m @ 2.05% Cu fr. 138m (YRC18-01) 19m @ 1.9% Cu fr. 160m (YRC11-16) 7m @ 3.2% Cu fr. 192m (YRC11-26) 10m @ 1.8% Cu fr. 222m (YRC11-39) 8m @ 2.4% Cu Fr. 275m (YRC11-41D) Limited explorati
Slide 13: Nanadie Project
Nanadie Project For personal use only Copper-Gold mineralisation in Greenstones 127km2 granted exploration tenements Proximal to Nanadie Well Copper Project (ASX:CYM) 36.07Mt @ 0.42% Cu & 0.064g/t Au for 151kt Cu & 74koz Au [10] Minimal historical exploration Extensive copper & nickel anomalism in s
Slide 14: Nanadie – Priority Areas
Nanadie – Priority Areas For personal use only Strong correlation of chromium to nickel and copper >600ppm chromium considered highly anomalous NAN-01 Magnetic high overlying interpreted greenstone rocks Peak soils 107ppm Cu, 455ppm Ni & 1,388ppm Cr Interpreted weak bedrock conductors NAN-16 Greenst
Slide 15: Barloweerie
Barloweerie For personal use only 150km west of Cue 127km2 granted tenements 406km2 under application Base metals and gold mineralisation Multiple walk-up Zn-Pb-Ag-Cu-Au targets Strong mineralisation in historical 1980’s drilling 5m @ 4.8% Zn fr. 38m (SDH34) 1m @ 3.9% Pb fr. 15m (SDH19) 5m @ 100.0g/
Slide 16: Barloweerie – B1 Prospect
Barloweerie – B1 Prospect For personal use only Outcropping mineralisation over 2km strike Granite-mafic intrusive/extrusive contact offset by NNE faulting Historical logging identifies mineralisation associated with intense silicification and sulphide minerals including chalcopyrite, sphalerite, ga
Slide 17: Penny's Gold Project
Penny’s Gold Project For personal use only 29.4km2 granted tenements 50km from Kalgoorlie Proximal to Penny’s Find Gold Mine (ASX:HRZ) 250,000 tonnes @ 5.22g/t Au for 42,000oz [3] Multiple targets, limited drill testing Targeting structurally controlled and supergene gold 5 drill ready targets – 3 u
Slide 18: Penny's Gold Project – PF09
Penny’s Gold Project – PF09 For personal use only Widespread supergene mineralisation Bedrock quartz, pyrite & arsenopyrite Recent RC drilling identified bedrock mineralisation Open in all directions Further aircore drilling planned to test extents of supergene mineralisation EMPIRE RESOURCES LIMITE
Slide 19: Penny's Gold Project – PF04
Penny’s Gold Project – PF04 For personal use only Dominant surficial arsenic plume Structurally controlled mineralisation Historical drilling ended in mineralisation and/or failed to reach design depth Recent RC drilling results [12] 4m @ 3.1g/t Au fr. 36m (PRC20-07) Open in all directions Further R
Slide 20: Summary
Summary For personal use only Excellent package of highly prospective exploration projects Multi-commodity: Au, Cu-Au, Cu-Ni-Co, PGM’s & Zn-Pb-Ag-Cu-Au Greenfields through to advanced exploration with existing JORC Copper-Gold Resource Active exploration, continuous news flow Strong financial positi
Slide 21: For personal use only
For personal use only 159 Stirling Highway Nedlands, WA 6009 PO Box 1104 Nedlands, WA 6909 P: +61 (0)8 6389 1032 info@resourcesempire.com.au www.resourcesempire.com.au ASX:ERL EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au 21
Slide 22: Appendix I – Just Desserts Copper-Gold Resource April 2016
Appendix I – Just Desserts Copper-Gold Resource April 2016 For personal use only JORC Resource to depth of 170m at 0.5% Cu lower cut off Indicated Inferred Total Weathering Tonnes Cu% Au g/t Ag g/t Tonnes Cu% Au g/t Ag g/t Tonnes Cu% Au g/t Ag g/t Partial 97,000 1.05 0.30 0.98 65,000 1.43 0.18 2.21
Slide 23: Appendix II – Competent Person Statements
Appendix II – Competent Person Statements For personal use only The information in this presentation that relates to Exploration Results is based on information compiled and/or reviewed by Mr Mark Shelverton, who is a Member of the Australian Institute of Geoscientists. Mr Shelverton is a full-time
Slide 24: Appendix III – Additional Information
Appendix III – Additional Information For personal use only Further details relating to the information in this presentation can be found in the following ASX announcements: 1. ASX:ONX “Acquisition of High-Grade Penny’s Find Mine” 4 March 2019 2. ASX:ERL “Quarterly Report for the Period Ending 30 Ju
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