Resolution Minerals Ltd. · ASX:RML
Resolution Minerals — Alaska Miners Association Convention 2020
47 slides from Resolution Minerals's conference presentation, Nov 5, 2020
Slide 1: Technical Presentation of the 64North Project
5 November 2020 Alaska Miners Association Convention For personal use only Technical Presentation of the 64North Project The annual Alaska Miners Association (AMA) Convention provides an opportunity to take a closer look at the technical aspects of the 64North Project from a geologist’s perspective.
Slide 2: 64North Project - First Year Exploration Highlights From An Emerging Gold Camp
AMA 2020 Virtual Convention Exploration Technical Session For personal use only 64North Project - First Year Exploration Highlights From An Emerging Gold Camp! 2 - 5 November 2020 Christine Lawley - Exploration Manager 1
Slide 3: Disclaimer, JORC Information & Competent Persons Statement
DISCLAIMER, JORC INFORMATION & COMPETENT PERSONS STATEMENT T his presentation has been prepared by R esolution M inerals Ltd (R esolution). T his docum ent contains background affects the inform ation included in the announcem ents listed below . inform ation about R esolution current at the date of
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Duncan Chessell - Managing Director Capital Structure 1 November 2020 For personal use only Geologist, 20+ years experience in business and oil, gas and mineral exploration (gold, battery and Ordinary Shares (ASX:RML) 279m base metals) and project generation in Australia and Papua
Slide 5: Alaska Tintina Gold Province – Giant Gold Deposits
ALASKA TINTINA GOLD PROVINCE – GIANT GOLD DEPOSITS! Resolution’s 64North Project For personal use only • Within the Yukon Tanana Upland of the highly endowed Tintina Gold Province. • 120km east of Fairbanks. • 660km2 land package surrounds the high-grade 11Moz Au Pogo Mine and falls within the Goodp
Slide 6: 64North Project – Goodpaster District Geology
64NORTH PROJECT – GOODPASTER DISTRICT GEOLOGY Goodpaster District – Red Rectangle For personal use only The Goodpaster District is bound by the Shaw Creek Fault to the NW and the Black Mountain Tectonic Zone to the SE (both left lateral conjugate faults trending SW-NE). Pogo The Goodpaster District
Slide 7: 64North Project – Historic Data Review
64NORTH PROJECT – HISTORIC DATA REVIEW For personal use only Distribution of intrusions (80-102 Ma) in the Goodpaster District Considered the main mineralising engine room present throughout un-ex Tintina Gold Province (pink on map) plore d! 64North Project 9 Blocks: LMS-X, Eagle, Shaw, South Pogo,
Slide 8: Mineralisation Styles – What Are We Targeting
MINERALISATION STYLES – WHAT ARE WE TARGETING Reduced Intrusion Related Gold Systems IRGS Applied 3 filters with a focus on economic criteria for IRGS in For personal use only the district. 1. Mineralisation style Most Favourable: Pogo-style Flat Replacement Veins (1st), Intrusion Hosted and Late Fa
Slide 9: 64North Project – Pogo Trend in Section
64NORTH PROJECT – POGO TREND IN SECTION For personal use only Syn-mineralisation model of the “Pogo Trend” produced by Dave Larimer (2015). Interplay of hydrothermal fluid source (intrusions), fluid conduits (high angle faults) and dilation zones (low angle regional shear – compression with later ex
Slide 10: 64North Project – Pogo Trend in Plan
64NORTH PROJECT – POGO TREND IN PLAN For personal use only Pogo Trend Includes: • Goodpaster • Pogo Gold Mine un-ex • Tibbs Project plore • West Pogo Block d! • East Pogo / Boundary Intrusion Hosted Includes: • Brink Project • E1 Prospect • 31 Prospects In Total • 5 Priority Prospects; Aurora, Refle
Slide 11: Prospect Ranking Pyramid - Prospects
PROSPECT RANKING PYRAMID - 31 PROSPECTS Field Operations 2020 For personal use only Echo Aurora: Diamond Core drilling program underway ADVANCED + DRILL READY Aurora Geophysics (ZTEM) complete Reflection Echo & Reflection: drilling tested (multi-element pending) E1 E1: Trenching complete, drill read
Slide 12: 2020 DGGS Shaw Creek and Shawnee Peak Mag/Rad
2020 DGGS SHAW CREEK AND SHAWNEE PEAK MAG/RAD • Participants in the 2020 DGGS airborne For personal use only magnetic and radiometric geophysical survey (GPR 2020-16). • Three survey blocks; West Pogo, Eagle & LMS-X.Total: 1961 line km • 3D magnetic models (unconstrained inversions) created to aid d
Slide 13: Innovative Exploration Techniques: WorldView-3
INNOVATIVE EXPLORATION TECHNIQUES: WORLDVIEW-3 WordView-3 Satellite For personal use only • 17 spectral bands. • WV3 high resolution (30cm) verse Landsat and ASTER (15m). • Image processing maps: cover type, spectral geology and alteration (35 derivatives). • Concentrations of iron, clay and silica
Slide 14: Innovative Exploration Techniques: ZTEM
INNOVATIVE EXPLORATION TECHNIQUES: ZTEM ZTEM (Z-Axis Tipper Electromagnetic For personal use only System) is an airborne passive electro- magnetic (EM) technique used to map subsurface resistivity contrasts (note: conductivity is the inverse of resistivity). The advantage of using ZTEM is it can cov
Slide 15: Innovative Exploration Techniques: ELF-EM
INNOVATIVE EXPLORATION TECHNIQUES: ELF-EM Extremely Low Frequency Electromagnetics (ELF-EM) is a light-weight (10kg), ground based For personal use only geophysical system, which typically requires only 2 operators. ELF-EM measures the spatial attitude and ellipticity of the local time varying magne
Slide 16: West Pogo Block, Aurora Prospect
WEST POGO BLOCK, AURORA PROSPECT For personal use only Aurora Prospect Favourably positioned along the “Pogo Trend” ~ 1km west of Pogo & Goodpaster. Opportunity Target anomalies immediately along strike, with equivalent; lithological, structural, geochemical and geophysical signatures. 15
Slide 17: West Pogo Block, Aurora Prospect
WEST POGO BLOCK, AURORA PROSPECT For personal use only Targeting involved the integration of historic mapping, drilling and surface geochemistry with recently acquired CSAMT, ELF- EM, ZTEM, magnetic and radiometric geophysical data sets. With each drill hole, the technical team have acquired a great
Slide 18: Aurora Prospect – Hole #7 (20AU07)
AURORA PROSPECT – Hole #7 (20AU07) For personal use only • Pogo-style quartz vein. • Thick, flat lying quartz vein demonstrates the right structural setting to create space and focus fluids (dilational zone) but not significant mineralisation. • Maximum grade intersected Aurora Prospect 1.59g/t Au H
Slide 19: Northern Star Pogo Gold Mine 3D Model
Northern Star Pogo Gold Mine 3D Model – NST website Image sourced from Northern Star Resources (NST) website For personal use only Diorite Looking north, main L1, L2 (“Liese”) lodes with diorite intrusion (pink) 18
Slide 20: West Pogo Block, Aurora Prospect
WEST POGO BLOCK, AURORA PROSPECT For personal use only Near miss? Published literature (Larimer et al, 2013) indicates extreme grade variability seen over short distances (50m) in veins at the Pogo Mine. Grid squares ~150m Note: pre-2011 intersections left blank (unverified vertical). gm (gram.metre
Slide 21: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT For personal use only Boundary Prospect Favourably positioned along the “Pogo Trend” between Pogo Mine /Goodpaster Prospect and the Tibbs Project. Opportunity Apply geophysical techniques (new to the Goodpaster District) to test for blind targets. 20
Slide 22: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT For personal use only According to Day et al 2007, augen East Pogo ZTEM gneiss/orthogneiss has been thrust upon paragneiss. CSAMT Timing of the thrusting is interpreted at 111 Boundary DDHs 35g/t Au Ma (compressional event), prior to the influx of mineralising flui
Slide 23: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT Historic Exploration For personal use only >100ppb Au broad multi- element soil anomaly (Au- Bi-Te-As-W-Sb) with rock chips up to 24.85g/t Au Historic Drilling - 6 holes 1690m, Western Keltic (2000) & Rimfire (2007) à BND00-04: 0.5m @ 24g/t Au from 147m à BND00-04:
Slide 24: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT For personal use only CSAMT completed in two orientations across historic Au drill intercepts. Larger survey was focussed on demagnetised zones in areas of mapped paragneiss. Surface sampling and mapping completed across “daylighting” CSAMT anomalies. Quartz Anomal
Slide 25: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT RML deem the survey results For personal use only to be extremely positive given; ü Known mineralisation (35g/t Au) coincides with a resistivity response consistent with Pogo. ü The right host rocks (paragneiss) and structural setting (thrusts) to create space and
Slide 26: East Pogo Block, Boundary Prospect – CSAMT Survey
EAST POGO BLOCK, BOUNDARY PROSPECT – CSAMT SURVEY For personal use only ü Historic high grade mineralisation up to 35g/t Au. ü Conductive response (anomaly) associated with the known mineralisation. ü Survey defined a large, thick contiguous anomaly to the south-west. ü Mapping identified orthogneis
Slide 27: East Pogo & Last Chance Blocks – ZTEM Survey
EAST POGO & LAST CHANCE BLOCKS – ZTEM SURVEY For personal use only CSAMT Boundary DDHs ZTEM flown coincident beyond a CSAMT. Survey Lines inc. 35g/t Au (400 ohm-m) ZTEM results support the CSAMT anomalies Untested (200-400 ohm-m) and have defined additional n 3D ZTEM io ct anomalies along strike and
Slide 28: Eagle Block, E1 Prospect - Location
EAGLE BLOCK, E1 PROSPECT - LOCATION For personal use only E1 Prospect Large-scale Intrusion Hosted Gold Potential Opportunity Target anomalies, with equivalent; lithological, structural, geochemical and geophysical signatures to Fort Knox & the Brink Project. Causative intrusion is 5x that of Fort K
Slide 29: Eagle Block, E1 Prospect – Historic Work
EAGLE BLOCK, E1 PROSPECT – HISTORIC WORK Elevated Au geochemistry For personal use only • 40km2 footprint • Rock chips to 8g/t Au • Soils to 1280ppb Au • Stream Sediments 556ppb Au • Historic drill intersections max 14g/t Au (EA04-08) 2020 Field Program • Airborne magnetics survey • Structural analy
Slide 30: Eagle Block, E1 Prospect – 2020 Trenching
EAGLE BLOCK, E1 PROSPECT – 2020 TRENCHING For personal use only E1 Prospect Sympathetic e • Structural analysis of historic Z on Corridors ear drilling determined off-shoot Sh shears and sympathetic corridors host highest grades. • Furthermore, a prospective Trenches step-over zone was identified. •
Slide 31: Summary
SUMMARY Year 1 Successes Attributed To; For personal use only ü Strong technical team - Australian & Northern American geoscientists ü 6 months detailed desktop review & methodical target ranking - leveraging from historic work ü Application of innovative exploration techniques (WV3, ZTEM, ELF-EM, C
Slide 32: References
REFERENCES For personal use only Arne, D. & MacFarlane, B., 2014. Reproducibility of Gold Analyses in Stream Sediment Samples from the White Gold District and Dawson Range, Yukon Territory, Canada. Association of Applied Geochemists, Explore;164: 1-11. Dusel-Bacon, C., Holm-Denoma, C.S., Jones, J.V.
Slide 33: Contact
For personal use only CONTACT Authorised for release by Duncan Chessell Managing Director Resolution Minerals Ltd ASX:RML +61 8 6118 7110 info@resolutionminerals.com Level 4, 29-31 King William Street Adelaide SA 5000, AUSTRALIA www.resolutionminerals.com 32
Slide 34: Appendix 1a: ZTEM & ELF-EM Geophysics & WorldView3 Results
ASX RELEASE Appendix 1. ZTEM, ELF-EM & WorldView3 Results, 64North Project, ALASKA For personal use only Appendix 1a: ZTEM & ELF-EM Geophysics & WorldView3 Satellite Remote Sensing Survey Results ZTEM (Z-Axis Tipper Electromagnetic System) is an airborne passive electromagnetic (EM) technique used t
Slide 35: Summary Satellite Remote Sensing North Pogo and Divide
ASX RELEASE Summary Satellite Remote Sensing North Pogo and Divide: The North Pogo and Divide Blocks contains For personal use only significant exposure, with much of the terrain being above the alpine treeline. Vegetation obscures the spectral response from soil/rock and therefore hinders WorldView
Slide 36: Appendix 1b: Location of ZTEM, ELF-EM & WorldView3 Surveys
ASX RELEASE Appendix 1b: Location of ZTEM, ELF-EM & WorldView3 Surveys & Raw Images of 3D ZTEM model, 2D ELF-EM sections and plan view of WorldView3 alteration maps. For personal use only Figure 1: Location of ZTEM, ELF-EM & WorldView3 Data Acquisition Areas, 64North Project Alaska. Figure 2: 3D ZTE
Slide 37: Figure 3: Location of ELF-EM Lines, West Pogo Block
ASX RELEASE For personal use only Figure 3: Location of ELF-EM Lines of Data Acquisition, West Pogo Block, 64North Project Alaska.
Slide 38: Figure 4: 2D ELF-EM Section, West Pogo Block
ASX RELEASE For personal use only Figure 4: Line 4 and Line 5, 2D ELF-EM section looking west, West Pogo Block, 64North Project Alaska.
Slide 39: Figure 5: 2D ELF-EM Section, West Pogo Block
ASX RELEASE For personal use only Figure 5: Line 6 and Line 7, 2D ELF-EM section looking west, West Pogo Block, 64North Project Alaska.
Slide 40: WorldView3 Alteration Maps, Divide and North Pogo Blocks
ASX RELEASE For personal use only Figure 6: WorldView3 Alteration Map, Divide Block, 64North Project Alaska Figure 7: WorldView3 Alteration Map, North Pogo Block, 64North Project Alaska
Slide 41: Appendix 2: JORC Table 1 – Sampling Techniques and Data
ASX RELEASE Appendix 2. The following tables are provided to ensure compliance with the JORC Code (2012) For personal use only requirements for the reporting of the exploration results for the 64North Project – Alaska. Section 1 Sampling Techniques and Data (Criteria in this section apply to all suc
Slide 42: JORC Table 1 – Logging and Sub-sampling
ASX RELEASE Criteria JORC Code explanation Commentary For personal use only Logging • Whether core and chip samples have been • This release relates to results from geologically and geotechnically logged to a geophysical and remote sensing level of detail to support appropriate Mineral surveys; this
Slide 43: JORC Table 1 – Location of Data Points
ASX RELEASE Criteria JORC Code explanation Commentary For personal use only Location of • Accuracy and quality of surveys used to • This release relates to results from locate drill holes (collar and down-hole geophysical and remote sensing data points surveys), trenches, mine workings and other sur
Slide 44: JORC Table 1 – Data Spacing and Distribution
ASX RELEASE Criteria JORC Code explanation Commentary For personal use only Data • Data spacing for reporting of Exploration • Airborne geophysical survey data Results. was acquired continuously on spacing and • Whether the data spacing, and distribution is 250m line spacing. distribution sufficient
Slide 45: JORC Table 2 – Reporting of Exploration Results
ASX RELEASE Section 2 Reporting of Exploration Results For personal use only (Criteria listed in the preceding section also apply to this section.) Criteria JORC Code explanation Commentary Mineral • Type, reference name/number, location and • Resolution Minerals Ltd executed a ownership including a
Slide 46: JORC Table 2 – Data Aggregation Methods
ASX RELEASE Criteria JORC Code explanation Commentary For personal use only this is the case. Data • In reporting Exploration Results, weighting • This release relates to results from averaging techniques, maximum and/or geophysical and remote sensing aggregation minimum grade truncations (e.g. cutt
Slide 47: JORC Table 2 – Survey Specifications
ASX RELEASE Criteria JORC Code explanation Commentary For personal use only frequencies collected are: 30Hz, 45Hz, 90Hz, 180Hz & 360Hz. • A ground-based ELF-EM survey was completed by Aurora Geosciences over the West Pogo Block of the 64North Project. The survey comprised of 4 lines for a total of 8
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