Riedel Resources Limited · ASX:RIE
Riedel Resources — Shareholder Meeting (November 2012)
31 slides from Riedel Resources's shareholder meeting presentation, Nov 12, 2012
Slide 1: Annual General Meeting
For personal use only RESOURCES Annual General Meeting 12 November 2012 ASX: RIE
Slide 2: Cautionary Statement
Cautionary Statement For personal use only Any forward looking statements in this presentation have been prepared on the basis of a number of assumptions which may prove incorrect and the current intentions, plans, expectations and beliefs about future events are subject to risks, uncertainties and
Slide 3: Company Overview
Company Overview For personal use only “Current focus on 3 core projects with significant exploration and development potential” Projects in richly mineralised Proterozoic and Archaean terranes in Western Australia and West Africa Core team of experienced corporate and technical professionals
Slide 4: Corporate Summary
Corporate Summary For personal use only Capital Structure Shareholdings ASX Code: RIE, RIEO Top 20 69% Listed: Jan 2011 A$5.22M IPO Major Shareholders ADX Energy 26% Shares Golden Rim Resources 13% (RIE) Total 96.2M CQS 9% (RIE) Escrowed to Jan 2013 25.9M (RIE) Escrowed to Apr 2013 12.5M Share Price
Slide 5: Board and Management
Board and Management For personal use only “Board and senior management all bring significant African and Australian operating experience and success” Ian Tchacos Bruce Franzen Jeffrey Moore Ed Turner Chairman Executive Director Managing Director Exploration Manager Mechanical engineer with CPA with
Slide 6: Value Proposition
Value Proposition For personal use only “Project pipeline of highly prospective minerals tenements with potential for large gold, copper and nickel discoveries” Key 100% project interests: – Burkina Faso (Au-Cu) - Five Permits (1,076km2), each with multiple gold anomalies and artisanal workings in
Slide 7: West Africa
For personal use only RESOURCES West Africa Projects
Slide 8: West Africa Project Locations
West Africa Project Locations For personal use only “The West Africa gold province hosts over 170Moz of gold, and more than 50 multi-million ounce gold deposits” Burkina Faso Projects
Slide 9: Regional Geology
Regional Geology For personal use only Exploration work during Q2 2012 TAGOU 4,705 soil geochemical samples 119 rock chip samples 16 scout RC drillholes for 1,826 metres MOAGA 436 soil geochemical samples Tagou and Moaga Projects Burkina Faso Projects
Slide 10: Gold-In-Soil Geochemistry
Gold-In- Soil Geochemistry For personal use only Aeromagnetic Image (First Vertical Derivative) Moaga Project Burkina Faso Projects
Slide 11: Soil and Rock Chip Geochemistry
Soil and Rock Chip Geochemistry For personal use only Area 1 Key zone of elevated Significant scout RC gold-in-soil geochemistry drilling intercepts: ‒ TGRC 011 4m @ 2.60g/t Au including 1m @ 9.79g/t Au ‒ TGRC 010 11m @ 0.84g/t Au TGRC012 - 1m including 2m @ 2.00g/t Au 15 kilometres @ 2.00g/t Au ‒ T
Slide 12: Regional Geology
Regional Geology For personal use only Exploration work during Q2 2012 GONSIN 833 auger geochemical drilholes for 5,995 metres Gonsin Project Burkina Faso Projects
Slide 13: Auger Drilling Geochemistry
Auger Drilling Geochemistry For personal use only Auger drilling Gonsin Project Burkina Faso Projects
Slide 14: Regional Geology
Regional Geology For personal use only Exploration work during Q2 2012 GALGOULI SOUTH Orientation soil geochemical sampling Galgouli South Project Burkina Faso Projects
Slide 15: Gold-In-Soil Geochemistry
Gold-In-Soil Geochemistry For personal use only Wewekera Prospect 0 500 metres Artisanal mining site Galgouli South Project Burkina Faso Projects
Slide 16: Regional Geology
Regional Geology For personal use only Exploration work during Q2 2012 KERI 919 soil geochemical samples Keri Project Burkina Faso Projects
Slide 17: Gold-In-Soil Geochemistry
Gold-In-Soil Geochemistry For personal use only Artisanal mining site Keri Project Burkina Faso Projects
Slide 18: Resources
For personal use only RESOURCES Western Australia Projects
Slide 19: Core Projects (100%)
Western Australia Projects For personal use only Core Projects (100%) Marymia (copper, gold, nickel) Cheriton’s Find (gold – Mineral Resources *108,000oz Au) Millrose (gold – Mineral Resources *309,000oz Au) Charteris Creek (gold, base metals, specialty metals) Joint Venture or Non-Core Proj
Slide 20: Regional Geology
Regional Geology For personal use only Abra 3.7Mt Pb, 0.2Mt Cu, 32Moz Ag, 0.22Moz Au “Emerging major metallogenic province Plutonic 4.7M oz Au hosting the DeGrussa Marymia 0.4M oz Au Copper-(Gold) Mine, Horseshoe Lights Plutonic Gold Mine and 0.1Mt Cu, 2.3Moz Ag, 0.24Moz Au Thaduna/Green Dragon Copp
Slide 21: Copper Pathfinder Geochemistry
Copper Pathfinder Geochemistry For personal use only Bismuth geochemistry Exploration work during H1 2012 MARYMIA 4,200 soil geochemical samples Rock chip sampling Detailed geological mapping Marymia Project Western Australia Projects
Slide 22: Copper Pathfinder Geochemistry
Copper Pathfinder Geochemistry For personal use only “The key to pathfinder geochemistry is the understanding of common associations of minerals and metals in unweathered rocks, including gold-arsenic-antimony, copper- molybdenum-bismuth and zinc-indium and the recognition of their near-surface weat
Slide 23: Gold and Nickel Targets
Gold and Nickel Targets For personal use only Arsenic geochemistry Historical gold drilling intercepts: ‒ Chardonnay 5m @ 4.9g/t Au ‒ Champagne 3m @ 9.5g/t Au ‒ Baumgartens 2m @ 4.3g/t Au ‒ Area 2 2m @ 2.8g/t Au ‒ Bill’s Area 4m @ 4.5g/t Au High MgO (25-32%) ultramafics, untested at depth, historica
Slide 24: Planned Drilling Targets (Q4 2012)
Planned Drilling Targets (Q4 2012) For personal use only PHASE 1 (yellow) RAB/Aircore drilling targets: Target 1 – copper/gold – 10 holes for 500 metres Target 12 – copper/gold – 20 holes for 1,000 metres Target 13 – copper/gold – 14 holes for 700 metres Target 14 – copper/gold – 20 holes fo
Slide 25: Geological Setting
Geological Setting For personal use only Cheriton’s Find Project Western Australia Projects
Slide 26: Redwing Gold Deposit
Redwing Gold Deposit For personal use only Redwing Section – All Lodes (Looking west) Laterite Mineralisation (mined 1994) Redwing Plan – All Lodes Cheriton’s Find Project Western Australia Projects
Slide 27: Regional Geology
Regional Geology For personal use only Horse Well Project 100k oz Au Newmont Jundee Operations 5.4M oz Au Bogada Bore Millrose Gold Deposit 300k oz Au Mandilla Well Apex Wiluna Operations >4M oz Au Bronzewing Operations 3M oz Au Mt McClure 1.1M oz Au Darlot 2.9M oz Au Millrose Project Western Austra
Slide 28: Inferred Mineral Resources
Inferred Mineral Resources For personal use only Millrose Inferred Gold Millrose North Section 7,082,650 mN Resource (309k oz Au) MSRC 080 5m @ 63g/t Au 4Mt @ 2.4g/t Au* AMILA 015 AMILA 009 8m @ 3.4g/t Au, 12m @ 5.6g/t Au 8m @ 1.7g/t Au MSAC 238 MSRC 111D 18m @ 3.6g/t Au 19m @ 5.8g/t Au MSRC 067 MSR
Slide 29: Millrose North Cross Section
Millrose North Cross Section For personal use only SIGNIFICENT INTERCEPTS SUMMARY 550m RL Cross-Section 7,082,650 mN MSRC 075D 10m @ 3.90 g/t Au 15m @ 2.55 g/t Au MSAC 058 12m @ 25.1 g/t Au 34m @ 2.66 g/t Au MSRC 013 27m @ 3.76 g/t Au 450m RL 47m @ 1.92 g/t Au 9m @ 2.45 g/t Au MSRC 059 15m @ 5.54 g/
Slide 30: Gold Exploration Potential
Gold Exploration Potential For personal use only Aeromagnetic Image Geological Image Millrose Inferred Gold Resource (309k oz Au) 4Mt @ 2.4g/t Au 8-10 km strike potential mostly unexplored below surficial cover rocks Roto Bore Prospect Millrose Project Western Australia Projects
Slide 31: Riedel Resources Limited
For personal use only Riedel Resources Limited Suite 1, 45 Ord Street WEST PERTH WA 6005 Telephone: +61 8 9226 0866 Facsimile: +61 8 9486 7375 admin@riedelresources.com.au Burkina Faso Office 1219 Ave G.K. Ouedraogo, Ouaga 2000, 06 BP 10382 Ouagadougou 06 Burkina Faso www.riedelresources.com.au ASX:
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