Auravelle Metals Limited · ASX:AUV
Auravelle Metals — Sipa Resources — Investor Presentation (September 2015)
15 slides from Auravelle Metals's investor presentation, Sep 2, 2015
Slide 1: Grassroots Discovery
ASX Code SRI Grassroots Discovery 2/09/2015 Northern Uganda
Slide 2: Corporate
Corporate Sipa Resources is a Perth-based ASX listed base metal and gold exploration company with a proven track record. Capital Structure Top Shareholders ASX Code SRI Terry & Suzanne Kahler 5.5% Shares (ordinary) 705m Acorn Capital Limited 5.25% Options (Listed) 7.5c Nov ‘15 134m Rodiv NSW P/L Pen
Slide 3: Highlights
Highlights › Sipa has now discovered two nickel sulphide mineralised intrusive systems at Akelikongo, over 500m strike and Akelikongo West containing wide zones of disseminated sulphides 0.24-0.5% Ni and 1-4m wide zones of massive sulphides 1-2% Ni › Raised $6 million in June through Placement and S
Slide 4: What is Akelikongo ?
What is Akelikongo ? › Wide zones of disseminated Ni Cu sulphides >100m down hole over 500m of strike (pink striped zone) › Footwall breccia with continuous zones of massive sulphides = high grade potential (red zone drawn on image) › Folded with fold axes plunging to north west (grey arrows) › Grav
Slide 5: What is Akelikongo ?
What is Akelikongo ? › Wide zones of disseminated Ni Cu sulphides >100m down hole over 500m of strike (pink striped zone) › Footwall breccia with continuous zones of massive sulphides = high grade potential (red zone Fold axial drawn on image) planes plunge to north › Folded with fold axes plunging
Slide 6: 3d Architecture of Nickel Deposits
3d Architecture of Nickel Deposits › Key to understanding mineral system is to understand 3d geometry and mechanism of intrusion and deformation. › We can then determine where higher grade nickel and copper has been deposited and where remobilised From Steve Barnes – CSIRO Ni short course 6
Slide 7: Section through Akelikongo
Section through Akelikongo › Continuous zone of disseminated Ni and Cu sulphides › Strong continuity of massive sulphide zones. 7
Slide 8: RAB Drilled 7 New Targets
RAB Drilled 7 New Targets › Infill soil geochemistry defined a number of high priority Ni Sulphide and Zn Pb targets for follow-up › Akelikongo West Ni sulphide discovery 8
Slide 9: Akelikongo West Discovery
Akelikongo West Discovery › Ni and Cu in soil anomaly › Followed up 25 by 25m peak 1780ppm Ni and 542ppm Cu › Co-incident gravity high anomaly 9
Slide 10: Akelikongo West Discovery – Section B-B’
Akelikongo West Discovery – Section B-B’ › RAB drilling LMR137 8m at 0.73% Ni including 3m at 1.1% Ni › Diamond hole AKD009 returned 41m at 0.5% Ni and 0.1%Cu 10
Slide 11: Sipa Has Dominant Position in New Mineral Belt
Sipa Has Dominant Position in New Mineral Belt Kitgum Pader Belt Northern Uganda Fraser Range Belt Western Australia 11
Slide 12: Future Direction
Future Direction › Drill Akelikongo and › Continue RAB drilling of › Diamond drill new Akelikongo West new priority Ni Sulphide RAB targets to looking for high soil targets discover multiple grade zones mineralised systems ie Kabanga Tanzania 12
Slide 13: Timeline 2015/16
Timeline 2015/16 Follow-up Akelikongo Diamond Akelikongo West Drilling Akelikongo West Follow up Katunguru RAB drill Akek North Pamwa Goma 1st pass RAB drill Western Ni Targets DHEM Akelikongo MLEM survey Akelikongo West Reconnaissance Soil and Stream Sediment surveys- infill surveys …..>>>>define d
Slide 14: Disclaimer
Disclaimer This presentation has been prepared by and issued by Sipa Resources Limited (“Sipa” or “the Company”) to assist it in informing interested parties about the Company. It should not be considered an invitation or offer to subscribe for or purchase any securities in the Company or as an indu
Slide 15: Contact
ASX Code SRI Contact Sipa Resources Limited T +61 (0)8 9481 6259 6 Thelma St F +61 (0)8 9322 3047 West Perth, 6005 E info@sipa.com.au www.sipa.com.au
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