Equus Mining — Shareholder Meeting (November 2017)
21 slides from Equus Mining's shareholder meeting presentation, Nov 30, 2017
Slide 1: Los Domos Epithermal Project
For personal use only Los Domos Epithermal Project Targeting high-grade precious and base metal epithermal mineralisation in a world class geological & mining jurisdiction ASX Code: EQE Annual General Meeting - 30 November 2017
Slide 2: Disclaimer and Compliance
Disclaimer and Compliance This presentation has been prepared by Equus Mining Limited ABN 44 065 212 679 (“Equus”). The information For personal use only contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived
Slide 3: Corporate Profile
Corporate Profile ASX code EQE Substantial shareholders For personal use only Shares on Issue 746.7M Permgold/Altinova (Norm Seckold) 8.8% Unlisted options (@ 2c) 1.7M (expiry 4 May 2018) GT Management/Ringwood 7.8% Market Cap (@ $0.039) $29.1M Augusta Enterprises (Ted Leschke) 4.5% Cash On Hand (28
Slide 4: Experienced Board and Management
Experienced Board and Management Mark Lochtenberg • Bachelor of Law (Hons) degree from Liverpool University, U.K. 30 years in the resources industry For personal use only Glencore International, Baralaba Coal Company, Deutsche bank, Hansen Neuerburg, Peko Wallsend Chairman • Previously Director of C
Slide 5: Share Price Performance
Share Price Performance For personal use only Share Price Performance ( November 2015 - November 2017) Volume Share Price 16 0.06 14 $2.8m raised at 3.7c 0.05 12 0.04 10 Volume (Millions) Los Domos T7 Phase 1 drill results Share Price (A$) Los Domos T7 discovery intercept 8 0.03 $1.6m raised at 1.2c
Slide 6: Located Within Prolific Deseado Massif
Located Within Prolific Deseado Massif Los Domos epithermal project located within the world class Deseado Massif mineral province For personal use only Includes the Santa Cruz Province mining district in Argentina and the Cerro Bayo mine district in Chile which is where EQE’s project is located
Slide 7: Los Domos Epithermal Project
Los Domos Epithermal Project Equus has the rights to 100% of the Los Domos Project via an earn-in and purchase agreement Lake General Carrera For personal use only with Terrane Minerals SpA (“Terrane”) • Equus has funded surface sampling and Chile Chico Population: 4,500 1,000m drilling programme
Slide 8: Los Domos – Large System, Multiple Drill Targets
Los Domos – Large System, Multiple Drill Targets T1 Target Phase I shallow scout drilling of three of Strike length: 430m, average elevation: 1065m nine targets identified to date has For personal use only Average sample grade: 15.02 g/t AuEq Thickest vein width observed at surface: 2.0m confirmed
Slide 9: Epithermal Zonation - Metal, Alteration & Texture
Epithermal Zonation - Metal, Alteration & Texture Alteration For personal use only Metal Zonation Chlorite/Smectite Illite/Smectite Base Metals Antinomy Smectite Adularia Mercury Chlorite Epidote Quartz Biotite Arsnic Silver Mineral Texture Gold Illite 0m 100°C Crystalline Carbonate Agate, Bladed, M
Slide 10: T7 Target – Long Section
T7 Target – Long Section NW SE For personal use only 10
Slide 11: T7 Target - Drilling & Trench Results
T7 Target - Drilling & Trench Results Hole, From To Intercept True Width PbEq* AgEq* Au Ag Pb Zn Channel ID m m m m % g/t g/t g/t % % Trenching and drilling currently For personal use only 7A 0.0 6.0 6.00 6.00 8.53 340 2.52 123 1.32 0.08 defines mineralised strike length of 7B 0.0 7.7 7.70 7.70 5.
Slide 12: T7 Target Mineralisation
T7 Target Mineralisation Drill Hole LDD 001 drill core at 46 to 55 metres depth showing strong mineralisation For personal use only From To Intercept PbEq AgEq Au Ag Pb Zn m m m % g/t g/t g/t % % 47.0 47.8 0.77 20.47 816 0.92 59 6.15 8.65 47.8 48.3 0.56 14.02 559 1.09 66 3.87 5.14 48.3 49.0 0.70 40.
Slide 13: T1 Structure - Surface Long Section
T1 Structure - Surface Long Section Drill rig access in place to For personal use only T1 Target for 1st pass scout drilling of high grade Au-Ag vein mineralisation defined by rock chip sampling Rock chip geochemical results from elevations at approximately 1,050m absl correspond to upper portio
Slide 14: T5 Target – large scale brecciation & veining
T5 Target – large scale brecciation & veining Scout hole intersected large scale (70m wide), For personal use only multiphase, early stage phreatic (explosive) breccia pipe and crosscutting veining Planned Drill Hole Explosive breccia and veining reported highly anomalous results of 46.7m @ 0.24
Slide 15: T2 Structure - Drill Results
T2 Structure - Drill Results Drilling intersected multiple, strongly mineralised, wide (up to For personal use only From To Intercept AuEq* Au Ag 4.2m) steep south west dipping, Hole ID Description chalcedonic-jasperoidal breccia- m m m g/t g/t g/t 3.7m wide brecciated chalcedonic- quartz veins LD
Slide 16: T2 Target - Cross & Long Section
T2 Target - Cross & Long Section 29 For personal use only 1.1 g/t Au, 318 g/t Ag NW SE Interpreted NW plunging mineralised shoot, a target focus for follow-up drilling Targeting faulted contact of Interpreted competent lithologies in precious Epithermal Au-Ag Level Potential repetition of shoots
Slide 17: Key takeaways
Key takeaways First pass drilling has identified a large scale, Intermediate Sulphidation epithermal system at For personal use only Los Domos with similar geological characteristics to other deposits in the world class Deseado Massif mineral province. Intermediate Sulphidation deposits are typi
Slide 18: Next steps
Next steps Over the next 12 months Equus has the objective of drill testing all nine targets with an initial focus on: For personal use only Competing Phase II 7,500m drilling programme Further testing T7 along strike and at depth Testing along the 1km strike length and down to 150m (previousl
Slide 19: Competent Person Statement & References
Appendix 1 Los Domos Epithermal Project Competent Person Statement & References For personal use only Competent Person's Statement: The information in this report that relates to Exploration Results for the Los Domos Gold-Silver project is based on information compiled by Damien Koerber. Mr Koerber
Slide 20: Appendix – Metal Equivalent Calculations
Appendix 2 – Metal Equivalent Calculations Gold Equivalent Calculation Formula & Assumptions (AuEq) For personal use only 𝑃𝑟𝑖𝑐𝑒 𝑝𝑒𝑟 1 Ag(g) x Ag 𝑅𝑒𝑐𝑜v𝑒𝑟𝑦 (%) AuEq(g/t) = Au(g/t) + Ag(g/t) x 𝑃𝑟𝑖𝑐𝑒 𝑝𝑒𝑟 1 𝐴u(𝑔) x 𝐴u 𝑅𝑒𝑐𝑜𝑣𝑒𝑟𝑦 (%) Metal Price* Recovery The metallurgical…
Slide 21: Thank You
Thank You For personal use only www.equusmining.com For further information contact: Ted Leschke Cameron Peacock Managing Director Investor Relations & Business Development +61 2 9300 3366 +61 (0) 439 908 732 tleschke@equusmining.com cpeacock@equusmining.com 21