Australian Mines Limited · ASX:AUZ
Australian Mines — Investor Presentation (August 2014)
16 slides from Australian Mines's investor presentation, Aug 5, 2014
Slide 1: Marymia: Nickel, Copper & Gold
Marymia Nickel, Copper & Gold For personal use only
Slide 2: Disclaimer Notice
Disclaimer Notice For personal use only Competent Person’s Statement Information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Benjamin Bell who is a member of the Australian Institute of Geoscientists and the Managing Direc
Slide 3: Overview
Overview For personal use only • Flagship Marymia Project, Western Australia • Located 55km and along strike of DeGrussa & 40km east of the 5Moz Plutonic Gold Mine • Highly prospective for: Kambalda-style nickel DeGrussa-style copper-gold Plutonic-style gold • Strong 400m long EM conductor det
Slide 4: Corporate Structure
Corporate Structure For personal use only ASX: AUZ Share price $0.012 (as at 1 August 2014) Sound Financial Position: Fully paid Ordinary Shares 666.9 million $1.7 million cash in the bank Listed Options Nil No debt Unlisted Options 47.6 million (2.0 – 4.5 cents expire 30 Nov 2014) Shareholder C
Slide 5: Experienced Board of Directors
Experienced Board of Directors For personal use only Non Executive • Qualified Lawyer with over 25 years’ experience as a corporate advisor Chairman • Chairman of Lowell Capital Limited - the responsible entity for a small cap resource fund Michael Ramsden • Managing Director of Terrain Capital and
Slide 6: Marymia: Geology and history
Marymia: Geology and history For personal use only • Recognised as the northern continuation of the nickel-rich Marymia project Eastern Goldfields province • Historic exploration predates nearby DeGrussa discovery • No geophysics completed over project area to date • Previous exploration limited to
Slide 7: Nickel: Ticks all the right boxes
Nickel: Ticks all the right boxes For personal use only Rocks akin to the nickel-bearing rocks at Kambalda Large nickel soil anomalies identified over Kambalda-type rock Three targets returned peak Ni soil values similar to SIR’s Nova discovery)1,2 Historic drilling intersected oxide nickel
Slide 8: Nickel: Three high priority geochemical targets
Nickel: Three high priority geochemical targets For personal use only • AUZ initially targeting soil anomaly MM007 (Simmons Prospect) • Exploration of priority targets MM001 & 004 scheduled for Q4 EM conductor
Slide 9: Nickel: Strong conductive source detected
Nickel: Strong conductive source detected For personal use only • Strong EM conductor detected near historic MM007 nickel and copper soil anomaly (Simmons Prospect) • Modelling indicates conductive body to be 400m long & continues beyond 700m below the surface • Independent geophysicists concluded c
Slide 10: Nickel: Drill target defined and ready to test
Nickel: Drill target defined and ready to test For personal use only • Maiden drilling program of conductive body at Simmons Prospect imminent • Conductor estimated to start Depth from surface ~250 m 250 metres below the surface • Down hole EM survey testing for additional buried conductors
Slide 11: Copper-gold: Seeking the next DeGrussa
Copper-gold: Seeking the next DeGrussa For personal use only
Slide 12: Copper-gold: 20kms of untested Jenkins Fault
Copper-gold: 20kms of untested Jenkins Fault For personal use only • Sandfire's DeGrussa copper-gold ore bodies controlled by Jenkin Fault • Australian Mines’ Marymia project contains 20km of Jenkins Fault (equivalent coverage as Sandfire’s DeGrussa / Doolgunna project) • Historic soil sampling retu
Slide 13: Gold: Similar rock as Plutonic, similar potential?
Gold: Similar rock as Plutonic, similar potential? For personal use only • Minimal historic exploration despite >5 million ounce Plutonic gold deposit only 40km west of Marymia project • Comparable greenstone rocks to nearby Plutonic gold deposits • Historic shallow drilling demonstrated project hos
Slide 14: Summary
Summary: For personal use only • Marymia = 425 km2 of some of the most desirable exploration ground in Australia • Nickel sulphide potential Kambalda-type rocks + nickel soil anomalies + oxide nickel intersected in drilling + 400m long conductive body recently detected in bedrock Drilling of con
Slide 15: For more information, please contact
For more information, please contact For personal use only Australian Mines Limited Level 1, 83 Havelock Street West Perth 6005 Western Australia Benjamin Bell Managing Director Phone: +61 8 9481 5811 Mobile: +61 467 770 016 Email: bbell@australianmines.com.au Or visit www.australianmines.com.au
Slide 16: Appendix: Marymia Heads of Agreement
Appendix: Marymia Heads of Agreement For personal use only Heads of Agreement with Riedel Resources Limited (ASX: RIE) covering the Marymia Project Under the terms of the Agreement announced on 30 April 2014: • Australian Mines paid $50,000 to Riedel Resources on signing of the Heads of Agreement •
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