Emu Nl · ASX:EMU
Emu Nl — Investor Presentation (January 2016)
20 slides from Emu Nl's investor presentation, Jan 21, 2016
Slide 1: Speedway Gold Project
EMU NL For personal use only Speedway Gold Project Exploration Data courtesy Don Merrick & John Zimmerman - Genesis Gold Corp William R. Petrick - Industrial Imaging Company John Stodt - Numeric Resources Salt Lake City, Utah
Slide 2: Forward Looking Statement and Competent Person's Statement
FORWARD LOOKING STATEMENT This report contains forward looking statements concerning the projects owned by Emu NL. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates based on specific assumptions. Forward-looking sta
Slide 3: Speedway
Speedway For personal use only From wikipedia
Slide 4: Nevada major gold mines 2013 production
Nevada major gold mines 2013 production Bald Mountain K 95,497 For personal use only Betz-Post BG 521,489 Cortez BG 1,371,148 Eastern Nevada N 1,020,791 Hycroft Allied Nevada 181,791 Jerritt Canyon Veris 139,556 Marigold Silver Standard 161,062 Meike BG 360,578 Phoenix N 202,055 Round Mountain K 314
Slide 5: Speedway Location
For personal use only Nevada Utah Speedway Location
Slide 6: Speedway
For personal use only Nevada Utah Speedway
Slide 7: So, why are we here?
SO, WHY ARE WE HERE? For personal use only The southwest US is known for its large gold and base metal ore deposits The drill target at Speedway has dimensions typical of these large systems The spatial relationship between the AMT drill target and the surface evidence of a typical Carlin style mine
Slide 8: How did we get here?
HOW DID WE GET HERE? For personal use only 1990s Merrick & Zimmerman identified prospectivity of Speedway based on outcropping stratigraphy, jasperoids, barite veining, gold and associated geochemistry but defining a drill target proved difficult 2000s Petrick (Steemson’s colleague from Uni of Utah
Slide 9: Terms of the option agreement
TERMS OF THE OPTION AGREEMENT For personal use only 15 year term with annual payments commencing at US$15,000 and escalating in year 5 to US$125,000 Option exercise price US$3 million NSR of 2% escalating to 3% in increments of 0.25% for every $100 increase if the gold price exceeds US$1,600/oz
Slide 10: Audio Magneto Tellurics
AUDIO MAGNETO TELLURICS For personal use only Audio magneto tellurics uses the natural electromagnetic fields in the frequency range 10 to 1,000 Hz in the earth-ionosphere waveguide to determine the resistivity structure of the earth In the field, measurements are made of the electric and magnetics
Slide 11: Speedway drill site
Speedway drill site 1 For personal use only
Slide 12: Speedway jasperoid outcrops
Speedway jasperoid outcrops For personal use only
Slide 13: Speedway looking across to Pilot Mtn
Speedway looking across to Pilot Mtn For personal use only
Slide 14: Speedway AMT Stations
Speedway AMT Stations For personal use only Station Spacing 200m
Slide 15: Speedway 3D-AMT Inversion Results
Speedway 3D-AMT Inversion Results For personal use only Hole 1 Hole 2
Slide 16: Drill hole
For personal use only Drill hole 2 Drill hole 1
Slide 17: Drill hole resistivity feature
For personal use only Drill hole 2 Drill hole 1 The contours are logrithmic so the red coloured area is < 3ohm.m – this is a large resistivity feature
Slide 18: So, what could the source of this target be?
SO, WHAT COULD THE SOURCE OF THIS TARGET BE? For personal use only Geological formation While possible, no source identified in the local carbonate stratigraphy Geothermal No known geothermal activity in the region Alteration system surrounding By analogy with other systems and with all of a Carlin
Slide 19: Emu NL Capital Structure
EMU NL CAPITAL STRUCTURE For personal use only Ordinary fully paid shares 40,022,371 Contributing shares, $0.03 paid, 35,324,341 $0.03 unpaid, no call before 31/12/17 Options, exercise price $0.10, 15,269,342 expiry 30/3/17 Total securities 90,616,054
Slide 20: Schedule of events
For personal use only Schedule of events: Long form agreement – January 2016 Drilling approval +/- – January 2016 Drilling – February/March 2016 Assay results – March/April 2016