Slide 1: RDS Investor Presentation
For personal use only RDS INVESTOR PRESENTATION August 2016 1
Slide 2: Important Information
Important Information For personal use only This presentation has been prepared by Redstone Resources This presentation should not be relied upon as a representation Ltd (Redstone) for the sole purpose of providing financial, of any matter that an investor should consider in evaluating the operation
Slide 3: Board of Directors and Company Overview
Board of Directors and Company Overview For personal use only Richard Homsany Chairman Capital Structure – 8 August 2016 Corporate and commercial lawyer for over 20 years advising and Issued Shares (ASX:RDS) managing public listed resource and energy companies. – 326,047,245 Mr Homsany has e
Slide 4: Investment Highlights
Investment Highlights For personal use only Focus on copper in West Musgrave region Large swarm of hydrothermal copper rich quartz West Musgrave veins in mineralised system covering at least 5km2 Cu mineralisation identified from surface to 379m 2015 Tollu drilling campaign successful: Mai
Slide 5: Economic Value of Proterozoic Mineral Systems
Economic Value of Proterozoic Mineral Systems Think Giant!! For personal use only Giant Proterozoic Deposits Telfer: • ~30 Moz Au • ~2 Mt Cu Olympic Dam: • ~83 Mt Cu • ~2.6 Mt U • ~94 Moz Au • ~450 Moz Ag Broken Hill: • ~14 Mt Zn • ~14 Mt Pb • ~15,400 Moz Ag Mt Isa/ George Fisher: • ~13 Mt Cu • ~40
Slide 6: Redstone Resources – Location of Projects
Redstone Resources – Location of Projects For personal use only 6
Slide 7: Tollu Project – Prospects
Tollu Project – 24 Prospects For personal use only Redstone’s 100% owned Tollu Project is located in the SE portion of the West Musgrave region of Western Australia, approximately 20km SE of the Blackstone Community Large swarm of hydrothermal copper rich quartz veins in a mineralised system cov
Slide 8: Proven Success in Identifying Cu mineralisation
Proven Success in Identifying Cu mineralisation For personal use only 8
Slide 9: Tollu 2015 Drilling Program
Tollu 2015 Drilling Program For personal use only 60 RC holes for 8,126 metres Drilling include the near surface oxide mineralisation Significant copper intercepts for the Chatsworth, Main Reef, Forio and Eastern Reef Prospects include : 7m at 1.75% Cu from 30m (TLC088) 9m at 1.07% Cu from
Slide 10: 2015 Drilling Program – Maiden JORC Resource
2015 Drilling Program – Maiden JORC Resource For personal use only Redstone has estimated an JORC 2012 Resource Initial JORC 2012 resource of 3.8 million tonnes at 1% Cu, containing 38,000 tonnes of copper at the Tollu Project. Includes 8,000 tonnes of copper oxide, which provides scope for th
Slide 11: Tollu Project – Increased Exploration Target
Tollu Project – Increased Exploration Target For personal use only Redstone has estimated an increased Exploration Target 31 to 47 million tonnes of mineralisation at a conceptual grade range of 0.8 ‐ 1.3% Cu, containing 259,000 to 626,000 tonnes of copper Tonnes Tonnes Grade Grade Contained Con
Slide 12: Five Additional Projects – Building Scale
Five Additional Projects – Building Scale For personal use only Atlas Project North of Tollu Project Prospective for IOCG & Mt Isa style deposits Babylon Project Prospective for IOCG & Mt Isa style deposits Pompeii Project Prospective for Mt Isa style deposits Pergamon Project Pros
Slide 13: Exploration Strategy – Tollu Project
Exploration Strategy – Tollu Project For personal use only Next Tollu Project Drilling Program 8,000m RC drilling program on Forio “look‐ alike” prospects focused primarily in the oxidised zone* Forio Prospect 19 RC holes for a total of 3,425m Forio South Prospect 9 RC holes for a total
Slide 14: Exploration Strategy – Tollu Project
Exploration Strategy – Tollu Project For personal use only 14
Slide 15: Exploration Strategy – Other Projects
Exploration Strategy – Other Projects For personal use only Atlas / Babylon Projects Drilling program Further analysis and interpretation of existing geophysical and geological data Increase mapped area of the new projects Geochemical and rock sampling of new projects Significantly grow
Slide 16: Oxide Pathway to Early Development
Oxide Pathway to Early Development For personal use only Exploration strategy focused on increasing the oxide resource initially and then evaluating deeper high grade sulphide resources Metallurgical testwork planned for oxide and sulphide ores Evaluation of low cost processing options for oxi
Slide 17: Development of Deeper High Grade Sulphides
Development of Deeper High Grade Sulphides For personal use only Conceptual Study Engineering Marketing Metallurgy Geology Infrastructure Ore Transport Financial Evaluation Exploration – Regional Geology – Stratigraphy – Prospect Geology – Mineralisation Conceptual Study – Approv
Slide 18: Next Steps
Next Steps For personal use only West Musgrave Copper Focus By using low cost, near surface exploration techniques, the objective is to aggressively step‐out and extend the region of known shallower mineralisation Build and leverage on existing dataset Near Term Milestones Funding for furt
Slide 19: Why Invest?
Why Invest ? For personal use only World class exploration asset Extensive exploration activities completed (approx. RC 30,000m) Maiden JORC resource defined Oxide potential Outstanding and significantly increased Exploration Target (circa 40%) Clear strategy to maximize shareholder valu