Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Shareholder Meeting (November 2016)
20 slides from Lodestar Minerals's shareholder meeting presentation, Nov 23, 2016
Slide 1: Actively advancing new gold targets on the Capricorn Margin
For personal use only Actively advancing new gold targets on the Capricorn Margin – a +10Moz goldfield 1
Slide 2: Important Notices
Important Notices This presentation has been prepared by Lodestar Minerals Limited (Lodestar). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Lodestar has no
Slide 3: Chasing The Next Major Gold Discovery
Chasing The Next Major Gold Discovery For personal use only ADVANCING MULTIPLE 10,000M AIRCORE CONSIDER NEW EXISTING TARGETS AT DRILL PROGRAM TO OPPORTUNITIES TO NED’S CREEK PROJECT DRIVE NEWSFLOW & GROW EXPLORATION ON THE CAPRICORN GENERATE MULTIPLE FOOTPRINT AROUND TECTONIC MARGIN RC DRILL TARGETS
Slide 4: Corporate Overview
Corporate Overview Board and Senior Management Capital Structure * For personal use only ASX code LSR Shares on issue 450.59m Non-Executive Chairman, Ross Taylor Share price A$0.011 Chartered Accountant and finance professional with Market capitalisation A$4.2m extensive experience in global inv
Slide 5: Projects Overview
Projects Overview MULTIPLE TARGETS ON THE CAPRICORN For personal use only TECTONIC MARGIN Ned’s Creek (537km2 – LSR 100%) Granted exploration leases in area of good infrastructure, 40km from 5Moz Plutonic mine. Multiple targets identified – ranging from undrilled greenfield targets to advancin
Slide 6: Fertile Gold Region Hosting >10Moz
Fertile Gold Region Hosting >10Moz Multiple Targets in Established Mining District For personal use only Fold belt >200km in length – a proven gold province. Orogenic gold, long-lived collision zone with multiple mineralising events (2,650Ma to 920Ma). Presence of syenite has similarities to 1
Slide 7: Ned's Creek Project Targets
Ned’s Creek Project Targets Contessa & Brumby For personal use only Located on a major tectonic boundary (NW & ENE trending Archaean domains). Large System – extensive gold anomalies (>0.1g/t gold), including high-grade supergene hits, in drilling over 5km. Multiple hosts – large intrusives (g
Slide 8: Exploration Model
Exploration Model Dual Exploration Targets For personal use only Syenite hosts low sulphide, pyrite associated gold – Brumby. Diorite hosts pyrite associated gold – Contessa. Well documented 170Moz Abitibi Belt analogues: Type 1 – syenite-hosted, lower grade, bulk tonnage deposits Type 2 –
Slide 9: Ned's Creek – Multiple Targets
Ned’s Creek – Multiple Targets Early Stage Evaluation For personal use only Bulk tonnage, lower grade, syenite-hosted “Type 1” targets: Internal syenite-hosted mineralisation at Brumby (partly tested). Demagnetised zone in granite (untested). Concealed intrusion between major ENE trending sh
Slide 10: Contessa – Emerging Discovery
Contessa – Emerging Discovery A Large Gold System For personal use only Lodestar has completed two aircore drill programs and only 2,000m of RC drilling (9 holes) in a 5.8km2 prospective area High grade supergene drill intercepts in aircore drilling: 21m at 3.0g/t gold from 40m 10m at 1.2g/t
Slide 11: Contessa – Structural Re-interpretation
Contessa – Structural Re-interpretation Revised working hypothesis on control of gold mineralisation For personal use only NW trending structures have potential to act as the control on gold mineralisation Strong NW feature in aeromagnetic data Off-set of granite contact Brumby mapping confi
Slide 12: Contessa – Testing for a NW Structural Control
Contessa – Testing for a NW Structural Control Recent drilling re-oriented to test NW structural control of gold mineralisation For personal use only Drilling intersected thin graphitic unit within weathered diorite. Graphitic interval confirmed by RC drilling in bedrock. Sub-horizontal trace
Slide 13: Brumby – Targets
Brumby – Targets Albite-cb-sericite alteration typical of syenite- Potential for more extensive mineralisation in For personal use only hosted gold systems. central zone – 7m at 0.51g/t in first RC drill hole, Brumby granite margins – gold anomaly in auger 37m of 99m hole returned >0.1g/t gold
Slide 14: Marymia – Exploration Targets
Marymia – Exploration Targets Historic Gold Mining Area For personal use only Southern margin of 10Moz Plutonic Well greenstone belt. Marymia gold mine and proximal pits produced >1Moz of gold Multiple targets along strike from historic gold operations. No historic drilling due to fragmented
Slide 15: Marymia – Staged Approach
Marymia – Staged Approach Phase 1 - geochemistry For personal use only First-pass aircore drilling in 2015 targeted area where surface gold specimens were recovered. Shallow-dipping (layer parallel) mineralisation intersected: 5m at 0.45g/t gold; 5m at 0.10g/t gold and maximum 0.9g/t gold an
Slide 16: West Pinnyriny
West Pinnyriny Phase 1 - geochemistry For personal use only Granite thrust over folded greenstone sequence. Historic RAB drilling by Resolute reported 10m at 0.34g/t gold1. Rock sampling by Homestake2 reported anomalous gold (up to 4g/t Au), arsenic and lead. Lodestar’s rock sampling confirm
Slide 17: Camel Hills – the next phase
Camel Hills – the next phase Target historic anomalies For personal use only Regional gold exploration SW of Big Sky. Numerous historic gold anomalies in drainage sampling, with no follow up work. Big Sky gold occurs within a shear zone at contact between Petter calc-silicate and the Quartpot
Slide 18: Planned Work Program
For personal use only Planned Work Program Samples/ Target Technique Cost Timing Metres Marymia structural targets Geochemistry 500 $26,000 Completed West Pinnyriny Geochemistry 600 $30,000 Completed Brumby – multiple targets AC Drilling 2500m $83,000 Commenced Contessa – multiple targets AC Drillin
Slide 19: Indicative Timeline of Activities
Indicative Timeline of Activities 2016 2017 For personal use only July Aug Sep Oct Nov Dec Jan Feb March April Marymia – geochemistry West Pinnyriny – geochemistry Camel Hills - geochemistry Marymia - geochemistry results West Pinnyriny – geochemistry results Camel Hills – geochemistry results Airco
Slide 20: Investment Summary
Investment Summary CONSISTENT NEWSFLOW FROM For personal use only MULTIPLE GOLD TARGETS Short-term activities focused on existing high value targets at Ned’s Creek. Region displays similarity to the Wallaby and Jupiter gold deposits and the 170Moz Abitibi gold belt in Canada Multiple targets i
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