Dundas Minerals Limited · ASX:DUN
Dundas Minerals — RIU Resurgence Conference 2021
27 slides from Dundas Minerals's conference presentation, Dec 1, 2021
Slide 1: ASX Announcement: Corporate Presentation, RIU Resurgence Conference
ASX ANNOUNCEMENT 1 December 2021 Corporate Presentation For personal use only RIU Resurgence Conference Dundas Minerals Limited (ASX: DUN) (“Dundas” or “the Company”) a battery materials explorer in the prospective Albany-Fraser Orogen, is pleased release an updated Corporate Presentation to be pres
Slide 2: Dundas Minerals - Albany-Fraser Orogen
For personal use only DUNDAS MINERALS Exploring for: Nickel, Copper, Gold Dominant Tenement Position Highly prospective Albany-Fraser Orogen 1,201km2 Western Australia’s Albany-Fraser Orogen ASX: DUN December 2021
Slide 3: Battery Materials: Electric Vehicles & Energy Storage
Battery Materials: Electric Vehicles & Energy Storage For personal use only Nickel, copper and cobalt demand poised to explode, from growth in electric vehicles and renewable energy storage Demand Battery Materials demand forecast (2020 – 2030) Global Cumulative Energy storage installations (2015 –
Slide 4: Battery Materials: Thematic now well understood
Battery Materials: Thematic now well understood For personal use only It’s all about demand 10 Demand to 20 years from now “KoBold Metals” A journey of years “KoBold Metals” Discovery Drill-out Feasibility Permitting Financing “I’d just like to re-emphasize, any mining companies out there, please mi
Slide 5: Albany-Fraser Orogen
Tropicana Albany-Fraser Orogen For personal use only q Two world class / company en t on r og Discovery making ore bodies (so far) Cr a r O Tropicana ase ar n - Fr Yi l g Nova/Bollinger any Al b Kambalda q Remains highly prospective for Nova and Tropicana style Nova deposits, especially at depth Nor
Slide 6: Dundas: 1,201km2
Dundas: 1,201km2 For personal use only Nova q 12 Contiguous Exploration Discovery Licences Norseman q 100% held by Dundas Dundas Nature Reserve q Unallocated Crown Land q Prior exploration in the area Dundas was predominantly pre-2012, Minerals (Nova discovery) and gold focused Esperance ASX: DUN ww
Slide 7: Bedrock: never drill tested
Bedrock: never drill tested For personal use only q 5-30m of cover (regolith) (Tertiary to Recent sand, calcrete, Discovery sedimentary rocks) q No Deep Drilling q Air-core q RAB To refusal – average depths ~25m Proterozoic / Re- q Bedrock ?? ar worked Archean ?? he Considerable uncertainty Proteroz
Slide 8: Dense mallee: until bush fire in 2019/20
Dense mallee: until bush fire in 2019/20 For personal use only Pre-fires 2021 Discovery ASX: DUN www.dundasminerals.com | 8
Slide 9: Albany-Fraser: next "big one" most certainly under cover
Albany-Fraser: next “big one” most certainly under cover For personal use only Albany-Fraser exploration challenge is well documented: Search q Extensive cover of Regolith and younger rocks q Often dense vegetation (mallee) and lack of established access (tracks) But q Significant advances in geophy
Slide 10: Albany-Fraser: how far under cover? Tropicana 2005
Albany-Fraser: how far under cover ? For personal use only Tropicana: 2005 Discovery Surface Regolith 40m 250mRL 100m 200mRL 150mRL QV.1 Perth (163m) ASX: DUN www.dundasminerals.com | 10
Slide 11: Albany-Fraser: how far under cover? Nova-Bollinger 2012
Albany-Fraser: how far under cover ? For personal use only Nova-Bollinger: 2012 Discovery Surface 160m 200m QV.1 Perth (163m) ASX: DUN www.dundasminerals.com | 11
Slide 12: Under-cover discovery: high-quality project wide data
Under-cover discovery: high-quality project wide data For personal use only Project wide surveys Search What Tenement wide geophysical surveys Gravity: Tools Ground gravity 500m spacing on 1km lines SkyTEM AEM: Electro-magnetic & magnetic survey 400m spacing, 200m in priority areas Identify under co
Slide 13: Under-cover discovery: high-quality project wide data
Under-cover discovery: high-quality project wide data For personal use only Project wide Highest Priority Coincidental AEM, gravity and surveys Targets: magnetic anomalies Search Completed What Tenement wide geophysical surveys Gravity: Tools Ground gravity Electromagnetic 500m spacing on 1km lines
Slide 14: Gravity Survey: What we had
Gravity Survey: WHAT WE HAD For personal use only q Collection of random variable Search spaced data q Mostly 15+ years old q Of limited use to identify priority target areas / underlying bedrock structure 0 5 10km ASX: DUN www.dundasminerals.com | 14
Slide 15: Gravity Survey: What we now have
Gravity Survey: WHAT WE NOW HAVE For personal use only q 4,000 individual gravity Search station readings q A first time look into the underlying bedrock structure q Eight weeks to complete q Assisted by mallee being cleared by fire (2019/20) 0 5 10km ASX: DUN www.dundasminerals.com | 15
Slide 16: AEM Survey: Areas of high conductivity
AEM Survey: Areas of high conductivity For personal use only Search AEM Survey coverage area (shaded) 2,174 line km’s • 1,829km @ 400m spacing • 345km @ 200m spacing 0 5 10km ASX: DUN www.dundasminerals.com | 16
Slide 17: AEM Survey: Areas of high conductivity
AEM Survey: Areas of high conductivity For personal use only Search AEM Survey coverage area (shaded) 2,174 line km’s Electromagnetic conductivity: Channel 40 • 1,829km @ 400m spacing • 345km @ 200m spacing 0 5 10km ASX: DUN www.dundasminerals.com | 17
Slide 18: Four high priority targets: In-fill gravity/magnetics/EM
Four high priority targets: In-fill gravity/magnetics/EM For personal use only q Coincidental gravity / Search magnetic / AEM anomalies Terra Firma Jumbuck q In-fill gravity and aero- North East magnetic surveys q Enhanced modelling of Matilda South body shapes and depths Areas for In-fill gravity G
Slide 19: Refine the search space
Refine the search space For personal use only Target Definition Search Proceeding What Detailed geophysical surveys over target areas Gravity: Tools Ground gravity 250m spacing on 500m lines Magnetics: Aerial magnetic survey 100m line spacing Ground EM: Locate areas of high conductivity to drill tes
Slide 20: Drilling: the ultimate test
Drilling: the ultimate test For personal use only Drill Testing Search From Dec. ‘21 What Drill testing discrete targets for mineralisation Tools Jumbuck: Ni prospect Kokoda: Au prospect Objectives Determine: • Rock types • Mineralisation (type and grade) • Size / structure ASX: DUN www.dundasminera
Slide 21: Never tested at depth?
Never tested at depth ? For personal use only 0 5 10km LOW HANGING FRUIT Series of surrounding RAB holes with elevates Jumbuck 2m @ 0.5% Ni (BOH) Sulphur (2011) VTEM & SkyTEM RC drilling 22m RAB hole conductors Proximal to late-time December EM conductor 2021 Kokoda 1.5km x 3.5km gold (2010) anomaly
Slide 22: Never tested at depth?
Never tested at depth ? For personal use only 0 5 10km LOW HANGING FRUIT Terra Firma 2022 (1995) NM37: 4m@1.06g/t 40m RAB hole Au (BOH) pending tenement Mulga grants (2010) 2.0km x 5.5km gold anomaly. Air-Core 26% calcrete samples >10ppb 2022 pending Matilda South (2021 SkyTEM survey) Coincidental d
Slide 23: Matilda South: 3D Gravity Inversion Model
Matilda South: 3D Gravity Inversion Model (on Mag. colour image) For personal use only Goldport DDHAC004 (31m) logged as: Max depth of Goldport drilling 64m. “Intermediate / mafic pluton or q Top of gravity model Dundas models top of bodies at ~135m. pyroxene granulite?”. (2005) ~135m below surface
Slide 24: Significant Planned Activity
Significant Planned Activity For personal use only Dec. Jan. Feb. Mar. Apr. Planned Activity 2021 2022 2022 2022 2022 Jumbuck drilling1 Christmas Break Kokoda drilling1 In-fill gravity surveys2 (~2 weeks) Jumbuck assays Kokoda assays In-fill aero-magnetic surveys Modelled targets from in-fill gravit
Slide 25: A Junior exploring like a much larger company?
A Junior exploring like a much larger company ? For personal use only Experience Mark Chadwick Shane Volk Tim Hronsky Mike Northcott Steve Massey B Com (Acc); CA B Bus (Acc); AGIA B Eng (Geol) B Sc (Geol) M Sc (Geophysics) Chairman Managing Director Technical Director Exploration Manager Geophysics
Slide 26: Join us in the Search
For personal use only DUNDAS MINERALS Join us in the Search Be part of the Discovery 1,201km2 Western Australia’s Albany-Fraser Orogen Become a Dundas Shareholder ASX: DUN December 2021
Slide 27: Competent Persons Statement and Disclaimer
Competent Persons Statement and Disclaimer For personal use only Competent Persons Statement The information in this presentation that relates to Exploration Results is extracted from the report entitled Independent Technical Assessment Report created on 30 August 2021, and is included in the Initia