Estrella Resources Limited · ASX:ESR
Estrella Resources — Investor Presentation (November 2014)
24 slides from Estrella Resources's investor presentation, Nov 14, 2014
Slide 1: Chile's Star in Copper-Gold
For personal use only CHILE’S STAR IN COPPER-GOLD November 2014
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Estrella Resources Limited (“Estrella” or “Company”). The presentation does not contain all the information that a prospective investor may require about the companies, their business or the proposal. It is not a complete statement of material inform
Slide 3: Executive Summary
Executive Summary Estrella Chilean focused copper-gold exploration company Resources At and near surface mineralisation For personal use only Limited Large strategic relationship with Chilean major (SQM) in northern Chile Projects located close to existing infrastructure Ready to drill lar
Slide 4: Agreements with SQM and close to infrastructure
Altair Project Agreements Option agreements with SQM (NYSE:SQM) to acquire 100% of all metal discoveries at Altair Project (subject to 49% claw back or For personal use only with SQM royalty – there is no clawback for Antucoya West) * • Covers 112,366 hectares of highly prospective exploration gro
Slide 5: Geology and Exploration
Altair Project (Cont) Geology For personal use only Early Cretaceous copper mineralisation: porphyritic, volcanic and brecciated rocks. Highly prospective mineralised Buey Muerto Fault Zone (BMZ): • Hosts Antucoya porphyry copper deposit • Prospective for Porphyries, Breccias and Mantos Explorat
Slide 6: Antucoya West Prospect – No clawback
Antucoya West Prospect – No clawback For personal use only Antucoya West Immediately adjacent to Antofagasta PLC’s Antucoya lies adjacent to project (642Mt @ 0.35% Cu) (refer page 17) Mineralised porphyritic dacite Antofagasta’s Antucoya Lies within the same fault system (Buey Muerto Fault proje
Slide 7: Antucoya West Prospect Vector IP
Altair Project – Antucoya West Prospect Vector IP Figure 5: Vector IP image with copper oxide results, geology and Mineralised alteration mineral zones (Figure 4 For personal use only porphyritic repeated). dacite High priority porphyry target zone 7
Slide 8: Antucoya West Prospect MT 100m Depth Slice
Altair Project – Antucoya West Prospect MT 100m Depth Slice Figure 6: MT 100m depth slice image with copper oxide results and alteration mineral zones. For personal use only Mineralised porphyritic dacite High priority porphyry target zone 8
Slide 9: Antucoya West Prospect MT 300m Depth Slice
Altair Project – Antucoya West Prospect MT 300m Depth Slice Figure 7: MT 300m depth slice image with copper oxide results and alteration mineral zones. For personal use only Mineralised porphyritic dacite High priority porphyry target zone 9
Slide 10: Antucoya West & Saturno
Altair Project – Antucoya West Antucoya Area: 5,200 ha For personal use only West & Saturno is 100% owned by ESR Mineralised Saturno Porphyry target Porphyritic Immediately adjacent to Antofagasta PLC’s zone Dacite Antucoya project (642Mt @ 0.35% Cu) Geological exploration models: • Two Mine
Slide 11: Antucoya West Prospect Airborne Magnetics
Altair Project – Antucoya West Prospect Airborne Magnetics Figure 9: Airborne Magnetic image (ASVI) over Antucoya West with geology and best copper oxide intercepts from shallow RC holes. For personal use only 11
Slide 12: Colupo Prospect
Altair Project – Colupo Prospect Overview Exceptional Estrella drilling results *: For personal use only • 20m @ 2.4% Cu from 12m (RCC04) 2650 ha • Incl. 6m @ 6.6% Cu, 0.5 g/t Au & 27.1 g/t Ag • 16m @ 1.5% Cu from 131m (RCC04) • Incl. 6m @ 2.2%Cu, 0.2 g/t Au & 11.8 g/t Ag • 20m @ 0.9% Cu from 144m
Slide 13: Colupo Prospect (Cont)
Altair Project – Colupo Prospect (Cont) For personal use only At least 5 breccias identified within a tight cluster Mineralisation thickness ranges between 3m-22m 70 m Cu grade ranges between 0.4% -2.4% Mineralisation starts from surface Mineralisation extends down to at least 150m 150 m
Slide 14: Colupo Norte and other Colupo type target zones
Altair Project – Colupo Norte and other Colupo type target zones For personal use only Overview Estrella is developing Colupo-style targets in a 20km NNW trending prospectivity zone Mineralisation trend Colupo Norte 2.8 km northwest of Colupo High grade copper within Tourmaline Breccia commenc
Slide 15: Colupo Prospect (Cont)
Altair Project – Colupo Prospect (Cont) For personal use only 402850E 402035E Colupo Section 402035E: drill holes RCC04 & RCC09, Colupo Drilling Nov 2013 Section 402085E: drill holes RCC01 & RCC02, 0.2%Cu 0.2%Cu (purple) & >0.5%Cu (red) mineralised shells (purple) & >0.5%Cu (red) mineralised shells
Slide 16: Colupo Prospect (Cont)
Altair Project – Colupo Prospect (Cont) Geology For personal use only Multiple interfingered breccias: • Steeply dipping (70o) breccias sheets outcropped at surface Structurally controlled with local faulting Manto style mineralisation observed in current drilling, potential to discover mantos
Slide 17: Dania & Ivannia Prospects
Altair Project – Dania & Ivannia Prospects For personal use only Dania Geology features Early Cretaceous porphyritic Rhyolite intruded Project into Jurassic andesites Overview Previous SQM drilling identified open central mineralised zone Dania potential for shallow CuOx resource to compliment
Slide 18: SQM Option Agreements
Altair Project – SQM Option Agreements For personal use only Terms 5 year exclusive rights to explore initial 1,100km2 tenement package including Colupo – 3.5 years remaining. 4 year exclusive rights to explore Dania and Ivannia – 2.5 years remaining. Estrella retains 100% rights to all metall
Slide 19: Company Overview
Company Overview ASX Code ASX.ESR Share Price Performance For personal use only Share Price (as at 10/11/2014) A$0.045 0.275 20.0 0.250 17.5 Market Cap (as at 10/11/2014) 0.225 A$4.87M (undiluted) 15.0 0.200 Share Price ($) Volume (m) 0.175 12.5 No. Shares on issue 108,278,728 0.150 10.0 No. Options
Slide 20: Board of Directors
Board of Directors For personal use only Robert Thomson, Non-executive Chairman Sydney based mining engineer with extensive onsite mining experience, as well as significant corporate and board experience. Experience in early stage exploration, through to project feasibility and successful operat
Slide 21: Reasons to Invest in Estrella
Reasons to Invest in Estrella For personal use only Exclusive holding over a large portion of northern Chile’s IOCG belt offering significant opportunity Strong strategic partnership with Chilean major SQM Commencing Antucoya West drill program next to large mine development - big upside poten
Slide 22: Projects Overview - Priority Prospects
Projects Overview- Priority Prospects Colupo & Colupo Norte Dania & Ivannia Antucoya West Mineralised breccia system – remains open Mineralised Cretaceous volcanics & porphyries intruded Porphyry prospectivity For personal use only Jurassic volcanics High grade / from surface: Dania – mineralised Rh
Slide 23: For personal use only
Altair Project For personal use only Overview Agreement with SQM to acquire up to 100% of all metal discoveries at Altair Covers 1,100 km2 of highly prospective exploration grounds: • Ground held by government nitrate producers since 1920 • Limited historical exploration for metals Located in
Slide 24: Contact Us
Contact Us For personal use only ESTRELLA RESOURCES LIMITED Sydney Office: Level 51, 19-29 Martin Plc, MLC Centre Sydney, NSW 2000 Santiago Office: Santa Beatriz 294 Providencia, Santiago, Chile www.estrellaresources.com.au Email: admin@estrellaresources.com.au (ASX: ESR) 24
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