Buxton Resources Limited · ASX:BUX
Buxton Resources — Corporate Update (April 2013)
16 slides from Buxton Resources's corporate update, Apr 4, 2013
Slide 1: Aggressive exploration focused on Fraser Range
For personal use only Buxton Resources Limited (ASX:BUX) “Aggressive exploration focused on Fraser Range” April 2013
Slide 2: Disclaimer/Competent Person's
Disclaimer/Competent Person’s For personal use only Disclaimer: This presentation has been prepared by Buxton Resources (“Buxton”). 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 thi
Slide 3: Corporate Overview
Corporate Overview ASX Code: BUX, BUXO For personal use only Shares on issue: 54.3M Listed options: 4.0M Share Price History Unlisted options: 10,8M Performance rights: 500,000 $0.63 Market Cap.: ~ $27M Cash at bank: $4.45M (March 30) Shareholders: National Business Holdings – 15.97% $0.09 Montezuma
Slide 4: Project Overview
Project Overview For personal use only Widowmaker Nickel-Copper Project – 100% Buxton Zanthus Project – 100% Buxton •Nickel-Copper •Magnetite Yalbra Graphite Project – 85% Buxton Dempster Gold and Nickel Project – 90% Buxton Northampton Base Metals Project – 100% Buxton Strong WA project pipeline 3
Slide 5: Strategic Fraser Range Tenement Position
Strategic Fraser Range Tenement Position For personal use only •BUX holds 1527 km2 of tenements in and around the Fraser Range complex •Includes new applicatons at Dempster and E63/1596 •Zanthus also part of the Fraser Range complex 4
Slide 6: Widowmaker Ni-Cu Project
Widowmaker Ni-Cu Project For personal use only •225km2 in the Fraser Range nickel province, WA •22km along strike from Sirius Resources’ Nova Ni-Cu discovery •Nova host rocks trending into BUX project area •Approximately 20km of strike length of the favourable lithological host-rock package Along St
Slide 7: Widowmaker Ni-Cu Project
Widowmaker Ni-Cu Project For personal use only • 165km Airborne VTEM survey completed at Widowmaker Project – 150m spacing • 14 interpreted bedrock conductors revealed • Priority targets based partly on structural location with reference to “Nova Structure” • Heritage clearance complete for future e
Slide 8: Widowmaker Ni-Cu Project
Widowmaker Ni-Cu Project For personal use only Recent exploration: • Ground EM survey tested 14 interpreted bedrock conductors identified through Heli VTEM survey • Heritage clearance completed over entire tenement • PoW’s for drilling submitted. Results and Planned exploration: • 6 moderate to stro
Slide 9: Zanthus Project – Ni-Cu
Zanthus Project – Ni-Cu For personal use only • Four - five separate interpreted mafic- intrusive bodies • Positively and negatively polarised magnetic signature suggest multiple magma pulses • Similarity to Voisey’s Bay and Norilsk complexes • Historical sampling shows two areas of Ni and one area
Slide 10: Yalbra Graphite Project
Yalbra Graphite Project Recent exploration: For personal use only •HeliVTEM survey has determined the extent of potential graphite mineralisation •New, large conductors identified – over 6km strike (Left) •Positive results from rock chip samples (below right) •Tenement granted, heritage clearance. P
Slide 11: Yalbra Graphite Project
Yalbra Graphite Project For personal use only • Exploration Target: • 8-12Mt at 7-11% TGC* • Significantly increased tenement holding – from 37 km2 to 473km2 • Strong demand outlook for Graphite market - Lithium batteries… and beyond Large target, large landholding, the right commodity *The potentia
Slide 12: Zanthus Project - Magnetite
Zanthus Project - Magnetite For personal use only • Strong rail infrastructure access: o 35km from Zanthus railhead and siding (see bottom right) o 600km by rail to Esperance Port (see top right) • Superior metallurgy - amongst the best in Australia : 68% Fe grade @ 150 micron • Initial inferred JOR
Slide 13: Capital Raising/Strategic Partnership
Capital Raising/Strategic Partnership For personal use only September 2012 • Buxton completed a strategic capital raise of ~$2.1 million with China based National Business Holdings (NBH) • Placement of 15% shares at $0.25 to raise ~$1.5 million • $600,000 licensing fee for NBH to exclusively market
Slide 14: Project Summary/Activity Outlook
Project Summary/Activity Outlook For personal use only Widowmaker Zanthus Yalbra Dempster Northampton Ownership 100% 100% 85% 90% 100% Commodity Nickel, Magnetite, Graphite Gold, Base Metals Copper, PGE Nickel, Copper Nickel Resource 103.6Mt at 26.5% Fe* Exploration 0.7 – 1.3 billion 8-12Mt at 7- Ta
Slide 15: Investment Summary
Investment Summary For personal use only • Immediate, aggressive exploration at Widowmaker • Newly identified Ni-Cu potential at Zanthus • Highly prospective project portfolio focusing on Fraser Range Complex • Excellent graphite exposure from Yalbra • Very tight capital structure = excellent levera
Slide 16: Contact
Contact For personal use only Buxton Resources Limited Head Office Phone: +61 8 9380 6063 Suite 1, Level 1 Fax: +61 8 9381 4056 14-16 Rowland St Email: amaslin@buxtonresources.com.au Subiaco WA 6008 Web: www.buxtonresources.com.au