Lodestar Minerals Limited · ASX:LSR

Lodestar Minerals — Investor Presentation (April 2021)

23 slides from Lodestar Minerals's investor presentation, Apr 21, 2021

  1. Slide 1: General Meeting Presentation

    General Meeting Presentation 21 April 2021

  2. Slide 2: Important notices

    Important notices This presentation has been prepared by Lodestar Minerals Limited (Lodestar). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Lodestar has no

  3. Slide 3: Investment summary

    Entering a period of significantly increased exploration activity following the acquisition of Goldfellas Pty Ltd in April 20211  Delivers a 20% interest in the Nepean Nickel Project in JV with Auroch Minerals Ltd (ASX:AOU)  Advanced nickel project reduces previous exploration risk profile with op

  4. Slide 4: Snapshot of Lodestar

    Snapshot of Lodestar BOARD OF DIRECTORS Ross Taylor Chairman Finance and banking Shares on issue3 Market capitalisation Bill Clayton Managing Director Gold/nickel geologist 1,290.9M A$15.5M David Non-Executive Corporate McArthur Director accountant Cash and investments Share price (20 Apr) (31 Mar)

  5. Slide 5: Overview of projects

    Overview of projects Nepean Nickel Project (LSR – 20%)  Historic high-grade nickel mine produced 32,303t of nickel metal at 2.99% Ni4  Remnant resource of approximately 13,250t contained nickel at 2.2% Ni (JORC 2004)  Most recent drilling returned multiple thick, high-grade results at shallow dep

  6. Slide 6: Nepean nickel project JV

    Goldfellas acquisition (LSR – 20%) Nepean nickel project JV  Located 25km south of Coolgardie, in JV with Auroch Minerals Ltd  Significant historic underground mine produced 32,303t of nickel metal at 2.99% Ni with ore processed at Kambalda  Mining stopped in 1987 due to low nickel price with a r

  7. Slide 7: Bulong gold project

    Goldfellas acquisition (LSR – 100%) Bulong gold project  Located 40km east of Kalgoorlie with 1317ha under tenure  Northern extension of the historic Glandore gold prospect  Prospective host geology of a folded, layered gabbro- dolerite plunges shallowly to the northwest beneath Lake Yindarlgooda

  8. Slide 8: Bulong gold project

    Goldfellas acquisition (LSR – 100%) Bulong gold project  Limited shallow drilling completed by Western Mining in the 1990s returned gold mineralisation on southern boundary of P26/26266  Priority area for follow-up work programs following approval of program of work 6. Details of Western Mining dr

  9. Slide 9: Jubilee Well gold project

    Oro Del Sur acquisition (LSR – 100%) Jubilee Well gold project  New project directly along strike from the world-class 9Moz Sunrise Dam and 8Moz Granny Smith gold deposits  Jubilee Well located 8km north of Sunrise Dam deposit and on the same geological sequence  2056ha within the Laverton Tecton

  10. Slide 10: Imbin base metal/copper-gold project

    Earaheedy margin (LSR – 100%) Imbin base metal/copper-gold project  900 sq km and 50km of strike over Earaheedy basin margin  Right geological credentials – nascent Earaheedy metallogenic terrane  Includes area of Yelma-Frere unconformity hosting Rumble Resources’ (ASX:RTR) recent zinc-lead disco

  11. Slide 11: Camel Hills gold project

    Northern craton margin (LSR – 100%) Camel Hills gold project  Covers part of the Errabiddy Shear Zone, a major Archaean-Paleoproterozoic structural boundary  Targeting regional geochemical anomalies resulting in discovery of high grade gold at Big Sky prospect  Drilling completed at Big Sky and C

  12. Slide 12: Ned's Creek gold project

    Northern craton margin (VAN earning 51% via $4.5M earn-in) Ned’s Creek gold project  Multiple basement gold intersections in drilling on southern margin of 6km long Contessa granite:  Contessa  Central Park  Gidgee Flat  Syenite and intrusion related gold mineralisation on sheared granite conta

  13. Slide 13: Activity timeline

    Activity timeline Project 2020 DEC QTR 2021 MAR QTR 2021 JUN QTR 2021 SEP QTR 2021 DEC QTR NEPEAN JV: NICKEL GoldFellas acquisition Drilling RC & aircore drilling RC drilling RC drilling* Geophysics Ground MLEM, DHEM DHEM Geochemistry Aircore drilling BULONG: GOLD Project acquisition PoW/Heritage Dr

  14. Slide 14: Investment proposition

    A revitalised project portfolio with leverage to future exploration success  Attractive mix of nickel, gold, zinc-lead and copper-gold targets  More balanced portfolio of early stage and advanced projects  Combination of 100% owned, joint venture and earn-in structures Agile explorer with heavily

  15. Slide 15: Appendices

    Appendices 15

  16. Slide 16: WMC intersections

    WMC intersections Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth GDJC112 6596310 391716 323.89 -90 0 nsi 18 GDJC136 6596299 391318 322.88 -90 0 24 26 2 0.24 30 GDJC113 6596380 39171

  17. Slide 17: WMC intersections (cont'd)

    WMC intersections (cont’d) Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth GDJC170 32 34 2 0.16 GDJC210 38 40 2 0.12 GDJC171 6596700 391760 320.59 -90 0 nsi 26 GDJC210 40 42 2 0.18 G

  18. Slide 18: WMC intersections (cont'd)

    WMC intersections (cont’d) Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth GDJC250 6596620 391960 323.33 -90 0 nsi 42 GDJC79 6595899 391560 321.99 -60 270 25 26 1 0.21 70 GDJC79 28 2

  19. Slide 19: WMC intersections (cont'd)

    WMC intersections (cont’d) Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth 96 97 1 3.61 97 98 1 0.87 99 100 1 0.15 Hole_ID North_AMG East_AMG RL Dip MagAzim From_m To_m Interval Grade_Au TotalDepth 100 101 1 0.11 GDJC92 6595899 392000 320.66 -90 0 nsi 17 101 102 1

  20. Slide 20: JORC Code, 2012 Edition – Table 1 report

    Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections) JORC Code, 2012 Edition – Table 1 report Criteria JORC Code explanation Commentary Sampling • Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard

  21. Slide 21: JORC Code, 2012 Edition – Table 1 report

    Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections) JORC Code, 2012 Edition – Table 1 report Criteria JORC Code explanation Commentary Quality of assay • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether

  22. Slide 22: JORC Code, 2012 Edition – Table 1 report

    Section 2 Reporting of Exploration Results (Criteria in this section apply to all succeeding sections) JORC Code, 2012 Edition – Table 1 report Criteria JORC Code explanation Commentary Mineral tenement and • Type, reference name/number, location and ownership including agreements or material issues

  23. Slide 23: JORC Code, 2012 Edition – Table 1 report

    Section 2 Reporting of Exploration Results (Criteria in this section apply to all succeeding sections) JORC Code, 2012 Edition – Table 1 report Criteria JORC Code explanation Commentary Data aggregation • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum • Expl

Lodestar Minerals — Investor Presentation (April 2021) on 6ix