Altair Minerals Limited · ASX:ALR
Altair Minerals — Investor Presentation (April 2019)
26 slides from Altair Minerals's investor presentation, Apr 10, 2019
Slide 1: Cohiba Minerals Limited Investor Presentation - April 2019
COHIBA MINERALS LIMITED ASX: CHK INVESTOR PRESENTATION - APRIL 2019
Slide 2: Disclaimer
Disclaimer Forward Looking Statements The purpose of this presentation is to provide general information about Cohiba Minerals Limited (“Cohiba” or the “Company”). It is not recommended that any person makes any investment decision in relation to the Company based solely on this investor presentatio
Slide 3: Cohiba Minerals Ltd – Multiple IOCG plays in the right address!
Olympic Dam BHP Cohiba Minerals Ltd – Multiple Total Resource = 10,100 Mt @ IOCG plays in the right address ! 0.78% Cu, 0.25 kg/t U3O8, 0.33 g/t Au & 1.0 g/t Ag 50 km BHP FMG Argonaut 425.7 m @ 3.04% Cu, 0.59 g/t Au, 346 ppm FMG U & 6.03 g/t Ag including 180 m @ 6.07% Horse Well Cu, 0.92 g/t Au, 401
Slide 4: Board and Management; Capital Structure
Board and Management Mordechai Benedikt Executive Chairman Seasoned professional with extensive experience in corporate governance, senior management and Directorships in the mining, Capital Structure ASX oil and gas, technology and food sectors. A substantial shareholder in Cohiba Minerals Limited
Slide 5: Industry Comparison
Industry Comparison Market Cap Shares Share Cash Enterprise Company ASX ($M) 1 (Millions) Price ($) 1 ($M) 2 Value ($M) Argonaut Resources ARE 27.98 1,550 0.018 5.33 22.65 Red Metal Ltd RDM 21.23 212 0.100 1.98 19.25 Ausmex Mining GP Ltd AMG 49.49 412 0.122 2.08 47.41 Tasman Resources Ltd TAS 21.11
Slide 6: Significant Tenement Package
Significant Tenement Package Tenement Name Location Tenement Numbers km2 Commodity Andamooka-Peninsula EL6118, EL6119 * Iron Oxide – Copper – Gold (IOCG) + highly South Australia 564 (Lake Torrens) EL6120, EL6121 * emplaced Copper – Zinc Pernatty B EL6122, EL6183 South Australia 207 Iron Oxide – Cop
Slide 7: Olympic Domain Tenements (South Australia)
Olympic Domain Tenements (South Australia) The World’s Best Address For Iron Oxide – Copper – Gold (IOCG) Deposits
Slide 8: Olympic Domain Tenements (South Australia)
Olympic Domain Tenements (South Australia) Exceptional package of tenements within a world-class mineral province (Gawler Craton) Farm-In Agreement with Olympic Domain Pty Ltd to earn up to 80% in Olympic Domain tenements Multiple targets in close proximity to world class deposits such as Olym
Slide 9: Olympic Domain Tenements (South Australia)
Olympic Domain Tenements (South Australia) EL6121 Andamooka - Peninsula EL6118 EL6119 Olympic Dam EL6120 Oak Dam EL6122 Pernatty B (Horse Well) Carrapateena Oak Dam West (BHP) EL6183 EL5970 Pernatty C South Australia 200 km Adelaide
Slide 10: Pernatty B (Horse Well)
Pernatty B (Horse Well) Detailed gravity (above) and magnetotelluric (below) surveys completed Magnetotellurics (MT) showing presence of major conductive zone or “feeder” system, known to be associated with IOCG deposits MT coincident with both gravity and historical magnetic targets Multipl
Slide 11: Pernatty B (Horse Well) Magnetotelluric section
Pernatty B (Horse Well) Magnetotelluric section showing location of BHP’s Olympic Dam (OD) Mine and associated “feeder” system Area outlined above shown in comparison to similar area over a magnetotelluric scan at Pernatty B (Horse Well) Major “feeder” system evident at Horse Well with significant l
Slide 12: Andamooka-Peninsula (Lake Torrens)
Andamooka-Peninsula (Lake Torrens) Detailed geochemical (soil) survey completed over part of area returned anomalous copper results Coincident aeromagnetic anomaly Area prospective for iron oxide copper gold (IOCG) targets as well as shallower base metal mineralisation associated with the Anda
Slide 13: Andamooka-Peninsula (Lake Torrens)
Andamooka-Peninsula (Lake Torrens) Detailed gravity survey completed and returned multiple targets GM1 – GM3 are gravity targets with coincident magnetic targets G1 – G2 are strong gravity targets without a coincident magnetic target DDH RED02 historical drillhole that encountered strongly h
Slide 14: Pernatty C (Mt Gunson)
Pernatty C (Mt Gunson) Detailed geochemical survey (soil) completed over part of area returned anomalous zinc results Historical work showed evidence of anomalous copper-lead-zinc Structural setting highly favourable for sediment hosted base metals Comparable to Mt Gunson copper- 1,000 m cob
Slide 15: Pyramid Lake Tenement (Western Australia)
Pyramid Lake Tenement (Western Australia) A near-term production opportunity for High-Grade Agricultural Gypsum
Slide 16: Pyramid Lake Tenement (Western Australia)
Pyramid Lake Tenement (Western Australia) Indicated Resource (JORC) of 1.3 Mt @ 78% gypsum, including Grade 1 and Premium agricultural gypsum Inferred Resource (JORC) of 2.6 Mt @ 67% gypsum which meets Grade 2 agricultural gypsum (CaSO4.2H2O) Low impurity levels At surface deposit with no ov
Slide 17: Pyramid Lake Tenement (Western Australia)
Pyramid Lake Tenement (Western Australia) Close proximity to large customer base in Western Australia Registered interest from major agricultural groups Scoping study completed showing: Low CAPEX Low OPEX Quick cashflow Payback period of 2.5 years Strong product demand Robust year-
Slide 18: Wee MacGregor (Queensland)
Wee MacGregor (Queensland) An existing resource within one of the world’s premier base metals provinces
Slide 19: Wee MacGregor Tenements (Queensland)
Wee MacGregor Tenements (Queensland) Located within the Mt Isa Super Basin, a world- class metallogenic province and one of the world’s greatest base metals province Existing Inferred Resource (JORC 2012) of 1.65 Mt @ 1.6% Cu for 25,818 t of contained Copper Current exploration target of 1.0 –
Slide 20: Mt Gordon, Success and Mt Cobalt Mines (Queensland)
Mt Gordon, Success and Mt Cobalt Mines (Queensland) Multiple Exploration Permits targeting Copper-Cobalt mineralisation within the Mt Isa Super Basin
Slide 21: Mt Gordon, Mt Cobalt Mine & Success Tenements (Queensland)
Mt Gordon, Mt Cobalt Mine & Success Tenements (Queensland) Mt Gordon tenements cover a 15 km strike length of prospective Copper-Cobalt ground within the Mt Isa Inlier. Historic cobalt intersections up to 0.36% Co Mt Cobalt Mine in an area of historic cobalt production (1920s-30s) where 775 tonn
Slide 22: Mt Gordon, Mt Cobalt Mine & Success Tenements (Queensland)
Mt Gordon, Mt Cobalt Mine & Success Tenements (Queensland) Mt Gordon and Mt Cobalt Mine Tenements
Slide 23: Investment Highlights
INVESTMENT HIGHLIGHTS
Slide 24: Investment Highlights
Investment Highlights Strategic position in premier IOCG province (Olympic Domain, SA) Close proximity to major IOCG deposits (Olympic Dam & Carrapateena) Immediately adjacent to BHP’s Oak Dam West “bonanza” intersection Multiple targets identified from detailed gravity and magnetotellurics
Slide 25: Thank You
THANK YOU
Slide 26: Competent Persons Statement
Competent Persons Statement Qualified Person – Competent Person’s Statement Mr. Andrew Graham – The information in this presentation that relates to Exploration Target, Exploration Results and historic production results is based on information either compiled or reviewed by Mr Andrew Graham, who is