Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — Diggers and Dealers 2021
30 slides from Stavely Minerals's conference presentation, Aug 5, 2021
Slide 1: Finding the copper the world needs for a low-carbon future
For personal use only Finding the copper the world needs for a low-carbon future The Stavely Copper-Gold Project Dawn of a new world-class copper-gold province in Western Victoria Diggers and Dealers, August 2021 1
Slide 2: Disclaimer
Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities For personal use only ● and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects,
Slide 3: A Modern Australian Copper-Gold Growth Company
A Modern Australian Copper-Gold Growth Company ● First-mover position – largest and most strategic tenement holding in the Stavely Volcanic Belt, western Victoria For personal use only ● A committed explorer – focused on making transformational mineral discoveries since $6m IPO in 2014 ● Discovery–
Slide 4: Corporate Summary
Corporate Summary CAPITAL STRUCTURE 12-month Share Price to 31 July 2021 For personal use only ASX Ticker SVY $1.00 6,000,000 Share Price (31/07/21) $0.45 $0.90 Close Volume $0.80 5,000,000 Shares on Issue 261M $0.70 4,000,000 Cash (30/06/21) $13.82M $0.60 $0.50 3,000,000 Market Capitalisation $117.
Slide 5: First-Mover Position in Victoria's Stavely Arc
First-Mover Position in Victoria’s Stavely Arc Two cornerstone assets – 100%-owned Stavely and For personal use only ● Ararat Projects ● 1,461km2 ground position in Australia’s new exploration hot-spot of western Victoria (Kirkland Lake – Fosterville) ● Majority of exploration since 2014 focused on
Slide 6: First-Mover Position in Victoria's Stavely Arc
First-Mover Position in Victoria’s Stavely Arc Two cornerstone assets – 100%-owned Stavely and For personal use only ● Ararat Projects ● 1,461km2 ground position in Australia’s new exploration hot-spot of western Victoria (Kirkland Lake – Fosterville) ● Majority of exploration since 2014 focused on
Slide 7: First-Mover Position in Victoria's Stavely Arc
First-Mover Position in Victoria’s Stavely Arc Two cornerstone assets – 100%-owned Stavely and For personal use only ● Ararat Projects ● 1,461km2 ground position in Australia’s new exploration hot-spot of western Victoria (Kirkland Lake – Fosterville) ● Majority of exploration since 2014 focused on
Slide 8: Stavely Copper-Gold Project – Thursday's Gossan
Stavely Copper-Gold Project – Thursday’s Gossan Thursday’s Gossan includes an extensive chalcocite- For personal use only ● enriched blanket occurring 30m to 80m below surface ● Inferred Mineral Resource of 28Mt at 0.4% copper1 for 110kt of contained copper ● Developed as the surface expression of h
Slide 9: Thursday's Gossan – The Story So Far
Thursday’s Gossan – The Story So Far 49 diamond drill-holes completed to depths of up For personal use only ● to 1.8km targeting the elusive “core” of the porphyry system ● Strong indications of proximity to a buried porphyry with significant encouragement from assays, petrology and geochemistry ● S
Slide 10: Discovery Breakthrough – Hole SMD050
Discovery Breakthrough – Hole SMD050 SMD050 For personal use only ● 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth, including: ● 12m at 14.3% copper, 2.26g/t gold and 145g/t silver from 82m, including: ● 2m at 40% copper, 3.00g/t gold and 517g/t silver ● Surprisingly, SMD05
Slide 11: Cayley Lode Discovery – Shallow, High-Grade Mineralisation
Cayley Lode Discovery – Shallow, High-Grade Mineralisation Magma / Butte copper lode-style system – For personal use only ● outstanding exploration target never before seen in Australia ● Mineralisation so far defined over ~1.5 km strike length to ~300m depth, averaging 10-50m thickness ● Resource d
Slide 12: Cayley Lode Discovery – Shallow, High-Grade Mineralisation
Cayley Lode Discovery – Shallow, High-Grade Mineralisation SMD073 – 5m at 2.35% Zinc, 0.4% Lead, 0.25% For personal use only ● Copper, 1.67g/t Gold and 27g/t Silver – typical peripheral Magma-style intercept 1,500m ● SMD085 – 23m at 1.07% Copper, 0.11g/t Gold ● 1,500m of mineralisation strike extent
Slide 13: Cayley Lode Discovery – Resource Drilling Long Section
Cayley Lode Discovery – Resource Drilling Long Section For personal use only Negotiating Access Peripheral base-metal / precious metal mineralisation 13
Slide 14: Cayley Lode Discovery – Southern Access
Cayley Lode Discovery – Southern Access ● Actively engaged in negotiations with landowner For personal use only for access to the southern paddock ● Finalising terms for a periodic lease ● Access agreement imminent ● Clear implications for the timing of the maiden Mineral Resource – end of year / ea
Slide 15: Cayley Lode Discovery – Amenable to Open Pit and UG
Cayley Lode Discovery – Amenable to Open Pit and UG For personal use only SMD087 ● 87m @ 1.74% Cu, 0.57g/t Au and 20g/t Ag, incl. ● 24m @ 4.19% Cu, 1.27g/t Au and 53g/t Ag, and ● 9m @ 4.09% Cu, 1.83g/t Au and 39g/t Ag Typical of most Cayley Lode intercepts: – a large intercept amenable to open pit b
Slide 16: Cayley Lode Discovery – Recent Big Intercepts
Cayley Lode Discovery – Recent Big Intercepts SMD104 For personal use only ● 144m at 1.04% copper, 0.15g/t gold and 3.4g/t silver, from 35m drill depth, including: ● 84m at 1.55% copper, 0.23g/t gold and 5g/t silver from 95m, including: ● 28m at 3.31% copper, 0.49g/t gold and 7.1g/t silver See ASX a
Slide 17: Cayley Lode Discovery – Recent Big Intercepts
Cayley Lode Discovery – Recent Big Intercepts SMD106 For personal use only ● 48m at 1.39% copper, 6.33g/t gold and 12g/t silver, from 85m drill depth, including: ● 16.7m at 3.13% copper, 17.93g/t gold and 29g/t silver from 115m, including: ● 2m at 0.74% copper, 132g/t gold and 38g/t silver from 116m
Slide 18: Vertically Extensive – With Multiple Discovery Opportunities
Vertically Extensive – With Multiple Discovery Opportunities For personal use only SMD050: 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth on the UCF SMD059: 18m at 1.00% copper, 0.1g/t gold and 3g/t silver, from 235m drill depth on the UCF underneath the LAS SMD032: 6m at 6
Slide 19: Current Programs – Systematic Exploration Approach
Current Programs – Systematic Exploration Approach Complete shallow Resource drill-out on Ultramafic For personal use only 1. Contact Fault (Cayley Lode) 2. Continue to define mineralisation on the Ultramafic Contact Fault below the Low Angle Structure 3. Bring mineralisation in the Copper Lode Spla
Slide 20: Current Programs – How do we see this as a possible development?
Current Programs – How do we see this as a possible development? 1. A Phase-1 open pit based on high-grade structurally- For personal use only controlled mineralisation drives an open pit that also captures a significant proportion of the 28Mt at 0.4% copper secondary chalcocite-enriched blanket 2.
Slide 21: The Plan
The Plan ● Complete Mineral Resource drill-out of shallow (0-200m) mineralisation of the Cayley Lode – this is the For personal use only material that will be available to an open pit optimisation ● Commence Scoping Study on Phase 1 Open Pit Development ● Re-deploy drills to define the Cayley Lode a
Slide 22: Regional Exploration – Toora West Discovery
Regional Exploration – Toora West Discovery ● Emerging discovery at Toora West For personal use only ● Aircore drilling intercepts porphyry-style alteration and quartz veining with copper sulphides o STWAC029 ▪ 1m at 0.15% Cu from 58m down-hole, and ▪ 3m at 0.34% Cu from 64m, including: • 1m at 0.61
Slide 23: Regional Exploration – Toora West Discovery
Regional Exploration – Toora West Discovery ● Emerging discovery at Toora West – follow-up aircore For personal use only o STWAC033 ▪ 1m at 0.21% Cu from 32m down-hole, ▪ 1m at 0.12% Cu from 37m and ▪ 3m at 0.25% Cu and 1.45g/t Ag from 45m o STWAC037 ▪ 5m at 0.22% Cu from 33m down-hole, including •
Slide 24: Regional Exploration – North Parkes Comparison
Regional Exploration – North Parkes Comparison ● The multiple porphyry systems at North Parkes were For personal use only discovered by GeoPeko in 1977 ● The initial discovery of the E22 porphyry followed from first- pass road-side auger drilling* ● “Odd fragmental rock” assayed 0.25% copper ● Follo
Slide 25: Regional Exploration – Priority Porphyry Targets
Regional Exploration – Priority Porphyry Targets 4 x priority ‘A’ targets with geochemical + geophysical signatures: For personal use only 1. Toora West (see previous slides) 3 2. Toora Road (15m at 1.3g/t gold and 0.9% lead from 12m in aircore proximal to geophysical anomalies) 1 3. Yarram Gap (3m
Slide 26: Copper…the Ultimate "Future-Facing" Commodity
Copper…the Ultimate “Future-Facing” Commodity For personal use only In order to migrate to a low-carbon economy and provide alternative energy solutions, certain strategic minerals are required to build the wind 3.6 tonnes of copper for every MW of wind farms, solar farms, electric vehicles 4 x more
Slide 27: Copper…Compelling Market Fundamentals
Copper…Compelling Market Fundamentals For personal use only There are very few high-quality projects coming on stream in first world jurisdictions Escondida, the world’s largest copper mine: • 1.72% Cu average head grade in 2007 • 0.52% Ore Reserve grade in 2019 CRU estimates a 15 million tonne copp
Slide 28: Copper…Compelling Market Fundamentals
Copper…Compelling Market Fundamentals For personal use only ● Raised US$250m – they are not the first group seeking a bucket of cash to acquire ‘future facing’ metals assets, and they certainly won’t be the last ● We say, bring it on! 28
Slide 29: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways ✓ First-mover position (1,461km2) in a potential new world-class copper province For personal use only ✓ Discovery of structurally-controlled high-grade lode-style copper-gold-silver mineralisation similar to the Magma (Arizona) and Butte (Montana) deposits ✓ In an
Slide 30: Contact Us
For personal use only Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it i