Patronus Resources Limited · ASX:PTN
Patronus Resources — Mining The Territory September 2024
24 slides from Patronus Resources's conference presentation, Sep 19, 2024
Slide 1: Discovering High-Grade Uranium in the Pine Creek Orogen: the Thunderball example
Discovering High-Grade Uranium in the Pine Creek Orogen: the Thunderball example Dr Michael Green Mining The Territory September 2024
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement This presentation has been prepared by Patronus Resources Limited (ACN 150 597 541; ASX:PTN) (“Patronus” or “the Company”; formerly Kin Mining NL) and its subsidiary PNX Metals Limited (ACN 127 446 271) based on information available at the time of prepari
Slide 3: A Complementary Combination to Create Value
A Complementary Combination to Create Value Merger of Kin Mining and PNX Metals combines diversified assets in Tier-1 jurisdictions Mineral Resources for gold, base Significant gold Mineral Resource metals and uranium inventory in the Leonora region District-scale gold, base metals Diversified explo
Slide 4: Multi-Commodity Platform
Multi-Commodity Platform GOLD Leonora • Mertondale: 11.7 Mt @ 1.22 g/t Au (457koz) • Cardinia East: 10.4 Mt @ 1.42 g/t Au (475koz) Pine Creek • Fountain Head & Tally Ho: 2.9 Mt @ 1.7 g /t Au (156koz) • Glencoe: 2.1 Mt @ 1.18 g/t Au (79koz) • Mt Porter: 0.7 Mt @ 2.2 g/t Au (48koz) BASE METALS Hayes C
Slide 5: Leonora – Gold
Leonora – Gold 932,000 oz gold Resource – 100% owned Close to existing infrastructure and third-party developments Metallurgical test work confirms free-milling gold via standard CIL Mertondale: Historical production: 274,724 oz @ 4.73 g/t Mineral Resource: 11.7 Mt @ 1.22 g/t for 457,000oz Au
Slide 6: Pine Creek – Gold
Pine Creek – Gold 283,000 oz gold Resource – 100% owned Strongly endowed field with +20 Moz Au Belt-scale tenure Three near-surface Mineral Resources with immediate expansion potential Fountain Head Project (100%) 2.9 Mt @ 1.7 g/t Au (156 koz Au) Development opportunity Environmental I
Slide 7: Pine Creek – Gold
Pine Creek – Gold 3m @ 11.09g/t 5m @ 3.96g/t Au from 93m Au from 107m FHRC062 FHRC076 6.67m @ 11.35g/t Au from 201.15m FHRC077D Glencoe Deposit 2.1 Mt @ 1.18 g/t Au (79 koz Au) 3m @ 23.1g/t Au from 55m 3 km north of Fountain Head on granted Mineral Lease PDH065 16m @ 1.37g/t Au 77% of Mineral
Slide 8: Base Metals
Iron Blow Deposit Base Metals Hayes Creek Resource: • 4.1 Mt @ 4.35 % Zn, 124 g/t Ag, 1.8 g/t Au (8.47 g/t AuEq) (177 kt Zn, 238 koz Au, 16.2 Moz Ag) Leonora VMS discovery hole: • 5.7 m @ 5.3% Zn, 40 g/t Ag, 1.0 g/t Au, 0.3% Cu, 0.3% Pb from 270.3 m For details of drilling results, see ASX:PNX relea
Slide 9: Uranium – Pine Creek
Uranium – Pine Creek World-Class, High-Grade Deposits Unconformity-related Limited, historic exploration space 2009 Thunderball discovery Hayes Creek Uranium Field
Slide 10: Hayes Creek Uranium Field
Hayes Creek Uranium Field Thunderball Uranium Deposit discovered by Thundelarra Exploration and maiden Mineral Resource Estimate (MRE) in 2011 (JORC 2004) [Fukushima!] Limited exploration since 2011 and essentially dormant since 2014 Historic drill intersections from Thunderball include very h
Slide 11: Ranger Uranium Mine long section
RANGER URANIUM MINE (155 Mt @ 0.09% U3O8 for 139,600 t U3O8 (308 Mlb)) LONG SECTION (GIGON ET AL., 2019)
Slide 12: Chlorite alteration at Thunderball
TPCRC065B: 118.85-119.30 m Uraninite + sericite veinlets cutting Chlorite alteration at Thunderball intense silica-sericite alteration RCDD005 pad east-west fault TPCRC065B: 95.85-96.08 m Faulting of silica-sericite alteration Multiple phases of quartz veins
Slide 13: Unconformity Model Top-Down Hydrothermal
NEARBY GREATER MCARTHUR UNCONFORMITY MODEL BASIN UNCONFORMITY TOP-DOWN HYDROTHERMAL (AHMAD & HOLLIS, 2013) BIRRUNDUDU BASIN
Slide 14: Digital Elevation Model Geological Regions
DIGITAL ELEVATION MODEL GEOLOGICAL REGIONS
Slide 15: Thunderball Uranium Deposit
Thunderball Uranium Deposit Co-funding from NT Government for deep drill hole ~450 m down-dip of historical Mineral Resource Deep drilling will also target Hayes Creek Fault Work planned to upgrade Mineral Resource to JORC 2012 status Other drilling to expand size of Mineral Resource Addit
Slide 16: Cross Faults and Uranium Mineralisation
CROSS FAULTS AND URANIUM MINERALISATION
Slide 17: 3D Model as Movie
3D MODEL AS MOVIE LeapFrog 3D movie
Slide 18: Appendices
Appendices >) Va PATRONUS RESOURCES _7) PATRONUS
Slide 19: Fountain Head, Tally Ho and Glencoe Mineral Resource
Fountain Head, Tally Ho and Glencoe Mineral Resource PNX confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the rel
Slide 20: Mt Porter Mineral Resource
Mt Porter Mineral Resource PNX confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements
Slide 21: Hayes Creek Mineral Resource
Hayes Creek Mineral Resource PNX confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcemen
Slide 22: Hayes Creek Mineral Resource
Hayes Creek Mineral Resource PNX confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcemen
Slide 23: Mertondale Mineral Resource
Mertondale Kin MiningMineral NLResource | Mineral Resources Patronus confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimate
Slide 24: Cardinia Mineral Resource
Cardinia Mineral Resource Kin Mining NL | Mineral Resources Patronus confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimate
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