Athena Resources Limited · ASX:AHN
Athena Resources — Investor Presentation (June 2023)
15 slides from Athena Resources's investor presentation, Jun 13, 2023
Slide 1: Byro Base Metal Project: Prospective and underexplored
For personal use only I n ve s t o r P r e s e n t a t i o n – J u n e 2 0 2 3 BYRO BASE METAL PROJECT Prospective and underexplored 1
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this Presentation and all other information provided (whether in writing or otherwise) is confidential and has been prepared to assist the recipient in evaluating the business and prospects of Athena Resources Ltd (”Athena”) or the Compan
Slide 3: Capital Structure
Capital Structure ASX: AHN For personal use only (ACN 113 758 900) Corporate Overview 1,070M Board and Management Shares on issue Edmond Edwards Managing Director 4.28M Peter Newcomb Executive Director Market Cap (12/6/23) Hau Wan Wai Director 582M Listed Options (582,198,308. $0.018, exp. 20/10/202
Slide 4: West Yilgarn Ni-Cu-PGE Province
Byro Base Metals Project West Yilgarn Ni-Cu-PGE Province For personal use only Byro Base-Metals • Situated within the West Yilgarn Ni-Cu-PGE Province. A highly prospective, 1,200km Project NARRYER corridor defined by the discovery of the Gonneville Ni-Cu-PGE deposit at Chalice TERRANE Mining Ltd.'s
Slide 5: Narryer Terrane Bouguer Gravity Image
Byro Base Metals Project Narryer Terrane Bouguer Gravity Image For personal use only Carnarvon Basin • Narryer Terrane – previously mapped as predominantly granitic gneiss and Byro Base Metals Project migmatites. Now show to have extensive regime of layered mafic and ultramafic intrusions mineralise
Slide 6: Project Summary
Byro Base Metals Project Project Summary Moonborough E09/1552-I Milly-Milly Intrusion Ni-Cu mineralisation Layered mafic/ultramafic For personal use only lithologies Cu-PGE mineralisation E09/1507-I 380km² of tenure. Four granted EL’s*, one granted ML Project area dominantly underlain by mafic/ultra
Slide 7: Milly Milly Intrusion – Battery Metals
Byro Base Metals Project Milly Milly Intrusion – Battery Metals For personal use only Byro Project exploration commenced with the Milly Milly target. Milly Milly Intrusion is a large peridotite-dunite intrusion with Ni-Cu-PGE mineralisation. Adjacent map shows detailed aeromagnetic image (TMI) under
Slide 8: Milly Milly Intrusion – Battery Metals
Byro Base Metals Project E09/1637-I Milly Milly Intrusion – Battery Metals For personal use only • 2021 drilling campaign Drilling of targets based on inverse gravity modelling and MLTEM conductors has shown the intrusion extends considerably to the north and west • Drilling by Athena has intersecte
Slide 9: Milly Milly Intrusion – Graphite Intersection
Byro Base Metals Project Milly Milly Intrusion – Graphite Intersection For personal use only • 2021 exploration campaign included MLTEM surveying across three target areas within Course flake graphite chips from AHRC0096, 103m and adjacent to the Milly-Milly Intrusion. • Infill bouguer gravity surve
Slide 10: Moonborough Intrusion
Byro Base Metals Project Moonborough Intrusion For personal use only Initially a GSWA mapped minor outcrop of gabbro, pyroxenite, with copper carbonate mineralisation. Strong soil geochemical anomaly (Pd, Pt, Au) Historic rock-chip samples include: MBRC056 1.22% Cu, 0.13 g/t Pd, 0.48 g/t Au MBCR057
Slide 11: Moonborough Intrusion Significant Copper Intersections
Byro Base Metals Project Moonborough Intrusion Significant Copper Intersections For personal use only • 2021 targeting work included: • Infill and extensional bouguer gravilty surveying and inversion modelling • MLTEM and FLTEM surveying • RC drilling (ASX: AHN Announcement 7/3/2022) Significant Cu-
Slide 12: Moonborough Intrusion
Byro Base Metals Project Moonborough Intrusion For personal use only With every hole drilled at Moonborough, the extent of the target lithologies increases. More extensive work needed to determine the extent of the intrusion, understand its internal morphology, and identify further base-metal and PG
Slide 13: South Target
Byro Base Metals Project Byro South Target For personal use only Extensive mafic and ultramafic lithologies intersected in drilling of high priority iron targets Situated adjacent to Iniagi Well, a significant magnetic and gravity anomaly Work to date has focused on the magnetite satellite targets t
Slide 14: Investment Summary
Investment Summary Base metal and PGE prospectivity in the underexplored Narryer Terrane, Western Australia Byro Base Metal Project – highly prospective for Ni-Cu-PGE mineralisation For personal use only Byro Project within the underexplored Narryer Terrane with tenement neighbors including Chalice
Slide 15: Corporate and Technical Contacts
Corporate Ed Edwards - Managing Director ee@athenaresources.com.au +61 448 895 664 For personal use only Technical Liam Kelly – Exploration Manager Martin Dormer – Head of Geology +61 438 143 296 21 Millstream Rise, Hillarys, WA 6025 athenaresources.com.au