Buxton Resources Limited · ASX:BUX
Buxton Resources — Shareholder Meeting (November 2009)
10 slides from Buxton Resources's shareholder meeting presentation, Nov 13, 2009
Slide 1: 2009 Annual General Meeting Presentation
Buxton Resources Limited For personal use only 2009 Annual General Meeting Presentation Ron Smit, Managing Director 13 November 2009 AGENDA Overview Projects Looking Forward
Slide 2: Corporate / Financial Overview
Corporate / Financial Overview Impact of Global Financial Crisis For personal use only Preserve core mineral assets and conserve cash Gold & base metal explorer, WA Listed: October 2007 Strategy – unchanged; Turned over 3 projects; spent $1.3 million core business – gold & base metal explorer, WA VT
Slide 3: Buxton Projects
For personal use only Buxton Projects Current Projects Dempster, Fraser Belt – Proterozoic gold & base metal search Eelya Hill, Yilgarn Block – VMS style copper + gold search Zanthus , Fraser Belt – Proterozoic gold & base metal search Divested Western Shaw, Pilbara – retained royalty Surrendered Wa
Slide 4: Dempster Project
Dempster Project Proterozoic gold & nickel search For personal use only Effective search tool ‐ calcrete geochemistry 1168 calcrete samples collected Targets generated & drill tested
Slide 5: Dempster Project – SW Prickle Prospect, Cross-Section NE
For personal use only Dempster Project SW Prickle Prospect, Cross‐Section NE ~ 20 m dunite gabbro granite gabbro Weakly elevated ~ 50 m gold, copper, lead, zinc ultramafic 75 shallow aircore holes Testing of gold targets failed to detect mineralisation Testing of Prickle target detected elevated gol
Slide 6: Dempster Project – greenfields nickel search
Dempster Project – greenfields nickel search Prospective rock package (distinctive magnetic For personal use only character) – includes dunite Over large area (> 30 km strike length; up to 7 km wide) Never explored Similarities to Thompson Nickel Belt, Canada Proterozoic rocks along margin of Archae
Slide 7: Zanthus Project
For personal use only Zanthus Project Major break in gravity ridge Large domes & low strain Gold mineralisation associated with N‐S faults Main target is magnetic dome adjacent to N‐S fault Regional calcrete samples to the south indicate elevated gold values (17 ppb & 20 ppb Au)
Slide 8: Eelya Hill Project – VMS style
Eelya Hill Project – VMS style Felsic volcanic complex; gossans For personal use only 10m at 1.1% Cu Gossans drilled in 1960’s indicated base metal suphides; 17m at 1.4% Cu Gold district with Tuckabianna to Gold Intersections 3m at 3.5 g/t from 6m Gold Intersections the south. 11m at 2.4 g/t from 14
Slide 9: Eelya Hill Project – VMS style
For personal use only Eelya Hill Project – VMS style
Slide 10: Looking forward......
For personal use only Looking forward...... Project Evaluation Dempster – airborne EM survey Driven by key decision points Eelya Hill – RC Drilling Project Generation Zanthus – calcrete geochemistry Strength, low key, low cost Project Acquisition Continue search & risk assessment Opportunity, look f
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