Kalamazoo Resources Ltd. · ASX:KZR
Kalamazoo Resources — Investor Presentation (June 2019)
19 slides from Kalamazoo Resources's investor presentation, Jun 28, 2019
Slide 1: Victorian Gold Projects Presentation
For personal use only Victorian Gold Projects Presentation Historic headframe at June 2019 Wattle Gully Gold Plant
Slide 2: Investment Presentation Disclaimer
Investment Presentation This Investment Presentation (IP) is not a disclosure document under Chapter 6D of the Corporations Act nor an offer to subscribe for shares. This For personal use only IP is specifically provided to the receiving party (Recipient) in response to a request for information fro
Slide 3: Capital structure and Board and management
Capital structure Board and management For personal use only Shares 89,488,577 Luke Reinehr Executive Chairman/CEO Unlisted Options 29,364,745 Paul Adams Non-Executive Director Market Cap (at 13.0 cents) $11.6 million Angus Middleton Non-Executive Director Cash (31 Mar 2019) $0.8 million Bernard Cra
Slide 4: Low cost prospective Pilbara gold tenements acquired in late 2017
For personal use only ▪ Low cost prospective Pilbara gold tenements acquired in late 2017 ▪ Added value, then sold Snake Well Gold Project in late 2018 for $7m ▪ Acquisition of entire Castlemaine Goldfields in 2018 (5.6Moz historical production) ▪ Focus on Victorian Goldfields ▪ Fully funded explora
Slide 5: Central Victoria has produced 60M+ oz Au
For personal use only ▪ Central Victoria has produced 60M+ oz Au1 – a goldfield geology that is 100 times richer than global average2 ▪ Kirkland Lake (ASX:KLA) - outstanding exploration/mining success at Fosterville ▪ Significant attention now on Victorian Goldfields 1. Willman et al 2002, Geology S
Slide 6: Castlemaine Project
For personal use only Castlemaine Project 6
Slide 7: Fosterville reserves and production guidance
For personal use only 1. ASX: KLA, 22 February 2019 Source: Ross Cayley, “Gold in Victoria – The Current State of Play” ▪ Mineral reserves increased by 60% to 2.72M ozs @ 31g/t ▪ Production guidance for Fosterville now 550,000 - 610,000 ozs for next 3 years ▪ Operating cash costs guidance revised do
Slide 8: Mineralisation in anticline and syncline structures
▪ Mineralisation hosted within both anticline and syncline structures - common to both Fosterville and Wattle Gully For personal use only ▪ Interbedded shale units play critical role in structural development and act as chemical reductant (Au precipitation) ▪ Best mineralisation at both locations oc
Slide 9: Castlemaine goldfield geology and history
▪ Similar age and geology to other Victorian goldfields1 For personal use only ▪ 5.6Moz Au produced – extremely rich 4.5Moz alluvial goldfield, but only limited UG mining (1.1Moz) with largest UG operation 411,000ozs @11.1g/t Au1 ▪ UG reef mining to alluvial gold ratio: Bendigo 82%, Ballarat 25% and
Slide 10: Exploration strategy: high grade focus
▪ Incredibly rich alluvials must have For personal use only derived from local rich “nuggety” bedrock source(s) ▪ Strategy is to concentrate on repetitions at depth (historical drilling – just 137m av.) and gold- rich mineralised zones ▪ High grade focus of >10g/t - lower grade deposits a trap . ▪ S
Slide 11: CSIRO study and structural interpretation
1. CSIRO - Innovations Connection scheme For personal use only ▪ “Mapping Geochemical Gradients at the Wattle Gully Gold Deposit” ▪ Ore body knowledge study aimed at developing a detailed understanding / characterisation of the ore bodies and their associated alteration footprint ▪ Any significant m
Slide 12: Electrical and magnetic geophysics
3. Electrical and Magnetic Geophysics For personal use only ▪ Employing the use of prospect-scale IP as a means of direct drill hole targeting ▪ Significant recent improvements in terms of IP field data (signal/noise ratios, depth penetration etc) and data processing (e.g. 3D modelling and inversion
Slide 13: Multi-element surface geochemistry
4. Multi-element Surface Geochemistry For personal use only ▪ 100s of kms strike extent of anticline & reverse fault structures to test - where to start? ▪ Gold mineralised structures may not have an observable surface expression, however may be identified through coincident & coherent multi-element
Slide 14: Searching for the next Fosterville
▪ Searching for the next Fosterville i.e. >10 g/t resources For personal use only ▪ Lower grade resources simply won’t be economic ▪ Secured ground holdings in under-explored, high grade (>10 g/t) goldfields: • Castlemaine • Maldon/Muckleford • Tarnagulla ▪ All tenements adjacent to key major (causa
Slide 15: Short and medium term exploration programs
▪ Concurrent short (1-2 year) and medium (2-4 year) term programs For personal use only ▪ Short term: • Several prospects identified already, some potentially “drill-ready” late 2019 • e.g. the Shicer Gully Fault, Shellback, Cappers, Eureka Line, Wattle Gully extensions, Chewton Anticline Prospects
Slide 16: Historic photos from CGT database
Source: Historic photos from CGT Database For personal use only 4th 26 16 1. ASX: CGTPlantation Pine 27 October 2008, 2. ASX: CGT CGT_026 November March 20082008, Source: CGT 2009 AGM 3. ASX: CGT 23 April 2009, 4. See ASX: CGT 11 March 2008
Slide 17: Significant areas to test
▪ Significant areas to test For personal use only ▪ Same host rocks and similar scale fault-displaced fold structures in southern tenement ▪ Apparent bias to known mineralised area in north ▪ Note same host rocks/fault-fold structures in southern tenement but without the detailed mapping and drillin
Slide 18: 2019 exploration work timetable
For personal use only JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC 2019 TASK DATABASE COMPILATION COMPLETED COREFARM SET-UP CSIRO STUDY CASTLEMAINE TARGET GENERATION PROSPECT EVALUATION CASTLEMAINE GROUND MAG SURVEYS CASTLEMAINE IP SURVEYS DRILL PROGRAM PLANNING PERMITTING DRILL SITE PREP DIAMON
Slide 19: Position, Project, Program
Position: Gold sector, Bendigo Zone and Fosterville create the right investment environment For personal use only Project: Castlemaine Goldfields is a prime target area for identifying the next major gold discovery in Victoria, most likely at depth Program: Experienced team, well funded, high
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