Slide 1: Investor Presentation
INVESTOR PRESENTATION 13 July 2020 1
Slide 2: Corporate Snapshot
CORPORATE SNAPSHOT Len Dean Chairman Capital Structure 30 June 2020 Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Ordinary Shares 206.4m Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 45 years industry experi
Slide 3: 64North Technical Team – 120M Oz Au of Discovery Success
64NORTH TECHNICAL TEAM – 120M Oz Au OF DISCOVERY SUCCESS Experienced Team with a Track Record of Success Gabe Graf Senior Geologist – Millrock Resources Christine Lawley Exploration Manager – Resolution Minerals Previously Senior Exploration Geologist and Exploration Superintendent at the Pogo Mine
Slide 4: Alaska Tintina Gold Province – Giant Gold Deposits!
ALASKA TINTINA GOLD PROVINCE – GIANT GOLD DEPOSITS! Tintina Gold Province Endowment >100 Moz Au • RML’s 64North Project surrounds the high grade 10 Moz Au Pogo Gold Mine • Alaska ranked #4 by the Fraser Institute • Underexplored • Potential to discover multiple giant size gold deposits in the 64Nort
Slide 5: 64North Project – Tenements, Blocks, Prospects
64NORTH PROJECT – TENEMENTS, BLOCKS, PROSPECTS Tenements / Claims • Dominant land holding surrounding Pogo Gold Mine • 30 Prospects • 4 High Priority Prospects - Aurora, Echo, E1, Boundary • The “Right Rocks” Granitic intrusions, are the main mineralising engine room present throughout Tintina Gold
Slide 6: Executive Summary Current Operations
EXECUTIVE SUMMARY CURRENT OPERATIONS • Potential to discover multiple giant size gold deposits • Identified 4 high priority prospects: Aurora, Echo, E1 and Boundary for near term drilling evaluation • Continuing drilling on highly prospective Aurora Prospect for Pogo-style gold mineralisation • Curr
Slide 7: Aurora Prospect: Hole #4 - Current Drilling July 2020
AURORA PROSPECT: Hole #4 - Current Drilling July 2020 Previous drilling has not tested the prospective POGO STYLE – POGO GOLD MINE conductive target zone at 400m to 1000m depth MINERALISATION MODEL Gold-bearing quartz veins Graphitic schist Drilling now CSAMT targets the alteration halo Larimer (201
Slide 8: Aurora Prospect: Currently Drilling Pogo-Style Targets
AURORA PROSPECT: Currently Drilling Pogo-Style Targets Current Drill Program • 2,300m+ HQ Diamond Core • Confirmed Pogo-style mineral Drilling now system from March 20 drilling Drilling next • Geology, same rocks as Pogo • Anomalous surface geochemistry – soils, streams and rock chips • Geophysics –
Slide 9: Aurora & Echo Prospects: Pogo-Style Drill Targets
AURORA & ECHO PROSPECTS: Pogo-Style Drill Targets The Right Ingredients • Next to the Pogo Gold Mine Flying now • Geology - Pogo rocks • Geophysics Drilling now 10 Moz Au – strong “de-mag” zones – CSAMT conductors July 2020 ZTEM Survey • Refine drill targets Echo Prospect • Refine Aurora Prospect ta
Slide 10: E1 Prospect (Eagle Block) vs Fort Knox Mine (Fairbanks)
E1 PROSPECT (Eagle Block) vs FORT KNOX MINE (Fairbanks) Fort Knox Mine x5 larger x1 11.5 Moz Au (Total endowment Kinross Gold, 2019, company website) • Current production 200,500 ozpa Au The E1 Prospect mineralisation style is analogous to • Production Cost US$1,067/oz in 2019 the Fort Knox Gold Dep
Slide 11: E1 Prospect: Intrusion Hosted IRGS, Analogous To Fort Knox
E1 PROSPECT: Intrusion Hosted IRGS, Analogous To Fort Knox Elevated Au geochemistry • 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 • Channel sampling • R
Slide 12: Boundary Prospect: Pogo-Style Target
BOUNDARY PROSPECT: Pogo-Style Target Targeting Pogo-style mineralisation at depth Limited historic drilling confirms • Pogo host rock • High grade gold (35g/t) • 6 holes, only 1690m Anomalous surface 2020 August Field Program geochemistry Bi and Au • CSAMT geophysics survey • Aim to refine drill tar
Slide 13: 64North Prospectivity
6G4NORTH f= PROSPECTIVITY,__
Slide 14: 64North – Camp Scale Potential - 30 Prospects
64NORTH – CAMP SCALE POTENTIAL - 30 PROSPECTS Historic Exploration Database 1998-2012 • ~40,000 Surface Samples • 11,434 m of NQ core drilling • Airborne Magnetics & EM Right Geology • 30 IRGS Prospects • 4 High Priority Prospects - Aurora, Echo, E1, Boundary • Granitic Intrusions, age 80-102 Ma, ma
Slide 15: Prospect Ranking Pyramid
PROSPECT RANKING PYRAMID Field Operations 2020 Aurora: Diamond Core drilling program underway ADVANCED + DRILL READY Aurora Geophysics (ZTEM) currently underway Echo Echo: drill ready Aug’20 E1 E1: Geophysics Q3’20, drill ready Q4’20 ADVANCED + DRILL TARGET DEFINITION Boundary Boundary: Geophysics Q
Slide 16: Mineralisation Styles – What Are We Targeting
MINERALISATION STYLES – WHAT ARE WE TARGETING Reduced Intrusion Related Gold Systems IRGS Extensive 6 month historic data review has characterised 30 prospects, using three filters and the Pogo Gold Mine as an ideal prospect! 1. Mineralisation style • Most Favourable: Pogo-style (1st) and IRGS-style
Slide 17: Summary Investment Highlights
SUMMARY INVESTMENT HIGHLIGHTS Potential to discover multiple giant size gold deposits in Alaska’s Tintina Gold Province • 4 high priority prospects: Aurora, Echo, E1 and Boundary for near term drilling evaluation • Continuing drilling at the Aurora Prospect for Pogo-style gold mineralisation • Pipel
Slide 18: Summary of Other Projects
SUMMARY OF OTHER PROJECTS 18
Slide 19: The Wollogorang Copper-Cobalt Project (Australia)
THE WOLLOGORANG COPPER-COBALT PROJECT (AUSTRALIA) Multiple drill ready targets for base metals and uranium Stanton Cobalt Deposit • The Plume Prospect is a large scale base metal Wollogorang Project, Northern Territory, Australia and uranium drill target identified by geophysics and soil sampling •
Slide 20: Snettisham Project – Juneau Gold Belt, Southern Alaska
SNETTISHAM PROJECT– JUNEAU GOLD BELT, SOUTHERN ALASKA Snettisham Project – Juneau Gold Belt (JGB) RML’s Project situated in the JGB in the same hosts rocks as (1.48 Moz Au*) producing Kensington and historic AJ (7.8 Moz Au) and Treadwell Mines (3.2 Moz Au). JGB endowment >12 Moz Au. • Three (3) hist
Slide 21: Disclaimer, JORC Information & Competent Persons Statement
DISCLAIMER, JORC INFORMATION & COMPETENT PERSONS STATEMENT Th i s p r es en t a t i o n h a s b een p r ep a r ed b y Res o l u t i o n Mi n er a l s L t d ( Res o l u t i o n ) . Th i s d o c u m en t c o n t a i n s b a c k g r o u n d i n f o r m a t i o n i n c l u d ed i n t h e a n n o u n c e
Slide 22: Contact
CONTACT Authorised for release by Duncan Chessell Managing Director Resolution Minerals Ltd ASX:RML +61 414 804 055 info@resolutionminerals.com Level 4, 29-31 King William Street Adelaide SA 5000, AUSTRALIA www.resolutionminerals.com 22
Slide 23: Appendix 1. Summary table of drill hole details
Appendix 1. Summary table of drill hole details. JORC Disclosure – historic results restated These results (Table 1a: Part 1) were previously announced on 24 October 2019 “Gold Symposium Conference Presentation” (as ASX:N27 Northern Cobalt Ltd Resolution’s former Company Name) using a cut off of 1g/
Slide 24: Table 1a: Historic drill intervals, Eagle Block
Table 1a: Part 1 Summary of Historic drill intervals from the Eagle Block, 64North Project, Alaska. Hole ID Prospect From To Interval Au (g/t) EA04-03 E1 246.74 246.95 0.21 0.57 EA04-04 E1 117.07 117.38 0.30 0.63 EA04-04 E1 150.66 150.91 0.24 0.55 EA04-04 E1 161.24 161.82 0.58 1.89 EA04-04 E1 185.32
Slide 25: Table 1a: Historic drill intervals, Eagle Block (cont.)
Table 1a: Part 1 Summary of Historic drill intervals from the Eagle Block, 64North Project, Alaska. Hole ID Prospect From To Interval Au (g/t) EA04-05 E1 185.01 185.32 0.30 1.40 EA04-05 E1 185.47 185.90 0.43 0.69 EA04-06 E1 236.86 237.10 0.24 0.54 EA04-07 E1 60.66 61.72 1.07 2.03 EA04-07 E1 116.13 1
Slide 26: Table 1a: Historic drill intervals, East Pogo Block
Table 1a: Part 2 Summary of Historic drill intervals from the East Pogo Block, 64North Project, Alaska. Hole ID Prospect From To Interval Au (g/t) BND00-01 Boundary 14.30 15.80 1.50 0.79 BND00-01 Boundary 47.00 49.00 2.00 0.67 BND00-01 Boundary 56.30 58.70 2.40 2.36 BND00-01 Boundary 59.90 60.10 0.2
Slide 27: Table 1a: Historic drill intervals, East Pogo Block (cont.)
Table 1a: Part 2 Summary of Historic drill intervals from the East Pogo Block, 64North Project, Alaska. Hole ID Prospect From To Interval Au (g/t) BND00-04 Boundary 94.40 94.90 0.50 1.04 BND00-04 Boundary 96.00 96.20 0.20 8.28 BND00-04 Boundary 131.40 131.50 0.10 1.25 BND00-04 Boundary 147.10 147.60
Slide 28: Comments
Table 1b: Historic drill collar location for the Boundary Prospect, East Pogo Block and the E1 Prospect, Eagle Block, 64North Project, Alaska. Hole ID Easting Northing Elevation Azimuth Dip EOH Depth Comments BND00-01 626137 7146815 920 150 -45 215.49 BND00-02 626135 7146819 920 330.5 -55 205.71 BND
Slide 29: Notes for Tables 1a and 1b
Notes for Tables 1a and 1b 1. An accurate dip and strike and the controls on mineralisation are yet to be determined and the true width of the intercepts is not yet known. 2. Coordinates are in NAD83, Zone 6. 3. Elevation and Hole Depth are in metres. 4. Azimuth is in Degrees Grid North. 5. Dip is i
Slide 30: Appendix 2. JORC Code Table
Appendix 2. The following tables are provided to ensure compliance with the JORC Code (2012) requirements for the reporting of the exploration results for the 64North Project – Alaska, Boundary Prospect, East Pogo Block and the E1 Prospect, Eagle Block, 64North Project, Alaska. Section 1 Sampling Te
Slide 31: JORC Criteria: Drilling techniques
Criteria JORC Code explanation Commentary Drilling techniques • Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, • Historic exploration drilling includes: auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face
Slide 32: JORC Criteria: Sub-sampling techniques
Criteria JORC Code explanation Commentary Sub-sampling techniques • If core, whether cut or sawn and whether quarter, half or all core taken. • No drilling has been undertaken by Resolution Minerals on and sample preparation the E1 and Boundary Prospects following the acquisition of • If non-core, w
Slide 33: JORC Criteria: Location of data points
Criteria JORC Code explanation Commentary Location of data points • Accuracy and quality of surveys used to locate drill holes (collar and down-hole • All maps and locations are in UTM grid (NAD83 Z6N) and surveys), trenches, mine workings and other locations used in Mineral have been measured by ha
Slide 34: Section 2 Reporting of Exploration Results
Criteria JORC Code explanation Commentary Audits or reviews • The results of any audits or reviews of sampling techniques and data. • No drilling has been undertaken by Resolution Minerals on the E1 and Boundary Prospects following the acquisition of the project announced on 17 October 2019, althoug
Slide 35: JORC Criteria: Exploration done by other parties
Criteria JORC Code explanation Commentary Exploration done by other • Acknowledgment and appraisal of exploration by other parties. • Previous exploration work includes; parties • Surface Geochemical Sampling: Pan concentrates, fine silts, silts, soils & rock chips. Airborne Geophysics: EM, LiDAR, R
Slide 36: JORC Criteria: Data aggregation methods
Criteria JORC Code explanation Commentary Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, maximum • No drilling has been undertaken by Resolution Minerals on and/or minimum grade truncations (e.g. cutting of high grades) and cut-off the E1 and Boundary Pr
Slide 37: JORC Criteria: Balanced reporting
Criteria JORC Code explanation Commentary Balanced reporting • Where comprehensive reporting of all Exploration Results is not practicable, • No drilling has been undertaken by Resolution Minerals on representative reporting of both low and high grades and/or widths should be the E1 and Boundary Pro