Investigator Silver Limited · ASX:IVR
Investigator Silver — Investigator Resources — Shareholder Meeting (November 2019)
14 slides from Investigator Silver's shareholder meeting presentation, Nov 20, 2019
Slide 1: 2019 AGM Update
2019 AGM Update Andrew McIlwain For personal use only Managing Director & CEO Rehabilitated drill site at Paris Silver Project Planned drill site at Maslins IOCG Project INVESTIGATOR ASX: IVR RESOURCESASX : IVR LIMITED 1
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement DISCLAIMER The information in this presentation is published to inform you about Investigator Resources Limited and its For personal use only activities. Some statements in this presentation regarding estimates or future events are forward looking statements.
Slide 3: Corporate snap shot
Corporate snap shot Capital Structure as at 31 Oct 2019 Board For personal use only ASX code - listed 2007 IVR Dr David Ransom Non-executive Chairman Shares - ordinary 845M Kevin Wilson Non-executive Director Options – listed1 204M Andrew McIlwain Managing Director & CEO Options - unlisted2 5.9M Sha
Slide 4: The year in review elements to 2018/19 strategy
The year in review 3 elements to 2018/19 strategy For personal use only ▪ Protect cash: ▪ Suspend work on Paris ▪ Reduce staff ▪ Rigorous review of expenditures, withdrawal from research focussed activities ▪ Minimal field work ▪ Rationalisation of tenements ▪ Engage partner in Maslins Project: ▪ La
Slide 5: Main IVR share price drivers this year
Main IVR share price drivers this year • Maslins/OZ Minerals Earn-In For personal use only • Silver price movements • Capital raising & SPP • Citic share selling Share price data from StocknessMonster.com 5
Slide 6: Maslins IOCG Target
Maslins IOCG Target • OZ Minerals (OZL) farm-in agreement1 For personal use only • Up to $10M expenditure over 5 years for 70% • Minimum $1.4M by June 2020 (Stage 1 – 0%) • Total of $4M over 3 years for 51% • Additional of $6M over 2 years for 70% • Only over tenement EL 5705 • IVR managing Stage 1
Slide 7: Maslins IOCG Target – cont…….
Maslins IOCG Target – cont……. • Collecting gravity data For personal use only 7
Slide 8: Maslins IOCG Target – cont…….
Maslins IOCG Target – cont……. • Image shows the A-B cross-section of the For personal use only Maslins geophysical anomaly: • Gravity gradient shell - red peaks • Interpreted MT anomaly – blue wave • Planned 1,000m drill hole • Drill proposals agreed with OZ • Revised PEPR approved • Heritage cleara
Slide 9: Paris – 100% IVR - absolute leverage to Silver price
Paris – 100% IVR - absolute leverage to Silver price • Highest grade undeveloped Ag project in Australia For personal use only • 2011 - discovery • 2013 - Maiden resource • 2017 - 42Mozs Ag – 139g/t + 55kt Pb1 • Geology peer review: • Completed early November 2019 • Focus on structural interpretatio
Slide 10: Capital raising, SPP and share price
Capital raising, SPP and share price • Share price rise in August on the back of Ag price strengthening For personal use only • Seems related to Au price increases (record highs in A$/oz) • Strong shareholder support - $2.2M raised through PAC Partners @ 2.4c + (1:3) 3.5c option • $336k raised throu
Slide 11: Other IVR tenements
Other IVR tenements • Cartarpo For personal use only • Historic Burra copper district • Highly prospective Cu & REE • Surrounded by Ausmex (ASX:AMG) • Uno/Morgans/Harris Bluff • Awaiting resolution of Gawler Range Group’s position on NTMA’s for access • Wiawera/Treloar’s/Plumbago • Prospective for A
Slide 12: Business Development
Business Development Pursuing value accretive opportunities For personal use only • Targeting value accretive project/s at advanced exploration to pre-development stage • Over 90 opportunities evaluated to date • Many turned away as recycled/rebadged • Focus is on domestic gold or base metals assets
Slide 13: What does 2020 hold for Investigator?
What does 2020 hold for Investigator? • Maslin’s IOCG drilling: For personal use only • news flow in early 2020 • Review outcomes and path to unlock Paris value • Significant leverage to Silver price • Delivery of growth & value creation opportunities Drill hole location at Maslins 13
Slide 14: Thank you
For personal use only Thank you Contact: Andrew McIlwain Managing Director & CEO Investigator Resources Limited 18 King Street Norwood SA 5067 Phone: +61 8 7325 2222 Email: amcilwain@investres.com.au Geologists are happiest in the field! Previous drilling at Paris 14
Investigator Resources — Shareholder Meeting (November 2019) on 6ix