Arika Resources Limited · ASX:ARI
Arika Resources — Investor Presentation (May 2019)
13 slides from Arika Resources's investor presentation, May 9, 2019
Slide 1: Discovery, development and acquisition
Discovery, development and acquisition RIU Conference Presentation 9 May 2019
Slide 2: Disclaimer and Forward Looking Statements
Disclaimer Disclaimer and Forward Looking Statements This announcement may contain certain “forward-looking statements” which may not have been based solely on historical facts, but rather may be based on the Company’s current expectations about future events and results. Where the Company expresses
Slide 3: Who we are
Who we are Board and Management Capital structure • Mining Engineer and Investment Banker Issued share capital (MCT) 602.5 mil CHAIRMAN • 40 years experience in the resource and investment banking industry Options 165.6 mil Andrew Daley • Founding Director of PanAust, Oxiana and Investor Resources L
Slide 4: A significant investment opportunity
A significant investment opportunity Pursue opportunities for near-production assets to realise further value. — Kookynie – Yundamindra Gold → Near term Resource Drilling → Excellent exploration upside Develop exploration projects prospective belts: — Paterson Province: copper, gold, PGE’s — Albany
Slide 5: Kookynie & Yundamindra Gold
Kookynie & Yundamindra Gold Farm-in agreement with Nex Metals Exploration Limited. — Minimum $500k initial spend, $5m over 5 years for 51%. Kookynie: — The Cosmopolitan Mine produced 360koz @ 15g/t Au to a depth of 320 metres. — Current Resources (JORC 2004 compliance): → Leipold – Total resource 55
Slide 6: Kookynie & Yundamindra Gold – grade & margin
Kookynie & Yundamindra Gold – grade & margin. Kookynie: Significant intercepts: → Champion - 7m @ 164.84 g/t Au from 101m in DVRC0074 → Cumberland - 3m @ 44 g/t Au from 18m in KOYC106 → Diamantina - 1m @ 28.04 g/t Au from 338.5m in NXDD003 → McTavish - 3m @ 52.33 g/t Au from 23m in CRC136, & → Leipo
Slide 7: Kookynie & Yundamindra Gold – DCC Trend
Kookynie & Yundamindra Gold – DCC Trend. 7
Slide 8: Kookynie Targets
Kookynie Targets LEIPOLD PROSPECT LONG SECTION McTAVISH PROSPECT LONG SECTION PLANE OF VEIN VIEW - LOOKING SOUTHWEST PLANE OF VEIN VIEW - LOOKING WEST CHAMPION PROSPECT LONG SECTION PLANE OF VEIN VIEW - LOOKING WEST ® metalicity
Slide 9: Admiral Bay
Admiral Bay The Company has finalised the sale of its zinc assets with Kimberley Mining Limited (KML) and pursuing the IPO pathway. The proposed KML TSX-V IPO dependent on market conditions. The KML zinc portfolio hosts one of the largest zinc resources in the world, based on existing JORC 2012 comp
Slide 10: Paterson to the Musgrave Provinces
Paterson to the Musgrave Provinces Metalicity acquired five Project covering 6,166km2 in the Paterson - Musgrave Provinces. Combination of previously identified mineralisation, discrete geophysical anomalies analogous to known mineralisation within the Paterson Province. 10
Slide 11: Fraser Range North
Fraser Range North Two applications: E69/3676 & E69/3677. Target: Magmatic Ni-Cu. Historical drilling confirms a layered mafic intrusion. Copper anomalism shown in recent core sampling. Chalcopyrite confirmed in polished thin section investigations. Geophysical processing identifies high tenure magn
Slide 12: The investment opportunity
The investment opportunity Pursue opportunities for near-production assets to realise further value. — Kookynie – Yundamindra Gold Project Building a prospective gold, copper and nickel portfolio of projects in highly prospective belts in WA — >6,000km2 in the Paterson through to the Musgrave Comple
Slide 13: Metalicity Limited – poised for growth
Metalicity Limited – poised for growth SUNRISE AT ADMIRAL BAY