Resources & Energy Group Limited · ASX:REZ
Resources & Energy — Investor Presentation (August 2019)
28 slides from Resources & Energy's investor presentation, Aug 21, 2019
Slide 1: Building an Australian Gold Miner
Building an Australian Gold Miner Investor Presentation – August 2019 – ASX:REZ
Slide 2: Project Portfolio
Project Portfolio Menzies Focus • Menzies Gold Project, WA 90km2 – Over 22km of continuous strike over the highly prospective Norseman – Wiluna Greenstone Belt. Multiple project areas with existing exploration targets supported by high grade drill results • Radio Gold Mine – 28koz Au JORC 2012 (
Slide 3: Menzies Gold Project – Area Summary
Menzies Gold Project – Area Summary • Over 20 individual lease holdings consolidated in 2012 • World class mineral province 22km Strike • +30 years of geological information collated • Over 22 drill ready targets identified Comprehensive Geophysics 4
Slide 4: Menzies Gold Project – Area Summary
Menzies Gold Project – Area Summary • Gold in soil anomalies across the entire lease package • 444 gold occurrences in the lease 22km Strike package • Over 100 historical workings • Proven method of discovery in the Menzies area • Sampling information has generated targets for follow-up drilling Sig
Slide 5: Menzies Gold Project – Area Summary
Menzies Gold Project – Area Summary • Underground historical mined grades – over 18g/t across the lease package • Close to regional processing facilities – Kalgoorlie & Leonora 22km Strike • Recent open pit production – 2017 – excellent processing recovery +95% • Close to established infrastructure
Slide 6: Menzies Gold Project
Menzies Gold Project Advanced exploration targets, tenement package split into 5 zones NORTHERN ZONE Northern Springfields – CENTRAL ZONE Venn Corridor – Cock Robin, Newstart, Granny Venn, Caesar, Picnic Hill, Robbies Reward Auntie Nellie, Auntie Kate, – 8km strike – 2km wide Jenny Venn – 4km strike
Slide 7: Menzies Gold Project – Central Zone
Menzies Gold Project – Central Zone Granny Venn, Jenny Venn, Auntie Nellie & Auntie Kate • Historical production – Granny Venn 532,000t, 60,200 oz Au - @ milled head grade of 3.52g/t 27,000t @ 2,000 oz Au @ milled head grade of 2.3g/t • Resource remains largely untested below 100m Long Section throu
Slide 8: Menzies Gold Project – Northern Zone
Menzies Gold Project – Northern Zone New Start, Cock Robin, Robbie's Reward & Picnic Hill • Northern progression of Springfield Venn Corridor of gold mineralisation • 20km2 with over 8km strike of prospective greenstone terrane which hosts a number of artisanal gold workings • historical rock chip s
Slide 9: Menzies Gold Project – Western Zone
Menzies Gold Project – Western Zone Goodenough, Maranoa, True Blue, 4 O'clock Mine • Historical Production – Goodenough • Surface: 8,453t @ 24.2g/t • Underground: 19,328t @ 16.7g/t • Tribute mining (2011-12): 2,204t @ 8.28g/t • July 2019 Drilling at Goodenough, pending assays, expand the JORC 2004 R
Slide 10: Menzies Gold Project – Eastern Zone
Menzies Gold Project – Eastern Zone Gigante Grande & Kota-Paki – Moriarty Shear • Over 4km of surface mineralisation identified by surface sampling – area 9km2 gold in soil anomaly • Contact of the Moriarty Shear zone supported by detailed Heli-TEM geophysics • Follow up auger, RAB & R/C and discove
Slide 11: Menzies Gold Project – Southern Zone
Menzies Gold Project – Southern Zone Cepline, Springfield, Spion Kopp, Lady Kathleen, Pride of the Hill & Hills View • Regional soil sampling highlighted considerable targets with a Goodenough Mine style mineralisation • Multiple (+50koz) targets within the contact of the Springfield shear zone • Co
Slide 12: Mount Mackenzie Gold Project
Mount Mackenzie Gold Project The next big Queensland gold province • Multiple major gold discoveries in North East Queensland, including Cracow – 2m oz Au & Mt Morgan – 9m oz Au • Intrusive related porphyry and high level epithermal style mineralisation is developed along the length of the southern
Slide 13: Radio Gold Mine – Underground & Expansion
Radio Gold Mine – Underground & Expansion Successful ore production and gold delivery – Joint Venture agreement in place to expand • Historical Grade 38.5g/t 72,500oz Au mined to 100m • Approved underground operation – Bulk sampled 2017-2018 • Processing agreement in place, 87% Gravity gold recovery
Slide 14: ASX:REZ – Upcoming News flow & Catalysts
ASX:REZ – Upcoming News flow & Catalysts • Priority Drill Targets – Multiple walk up drill targets • Near mine opportunities – Cutback opportunities to follow up on historical hits and resources Central Zone – Granny Venn, Auntie Nellie & Caesar • Resource Growth – conversation from existing • Gold
Slide 15: Disclaimer and Consent
DISCLAIMER AND CONSENT The material in this presentation has been prepared by Resources & Energy Group Limited (“Company”) This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without prio
Slide 16: Appendix A – JORC 2012 Table
Appendix A – JORC 2012 Table 17
Slide 17: APPENDIX A - JORC Code, 2012 Edition – Table 1 report template
APPENDIX A - JORC Code, 2012 Edition – Table 1 report template Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling • Nature and quality of sampling (eg cut channels, random chips, or • The results are
Slide 18: JORC Table 1 – Sampling and sub-sampling techniques
Criteria JORC Code explanation Commentary • Whether logging is qualitative or quantitative in nature. Core (or • Logging is qualitative and descriptive costean, channel, etc) photography. • The total length and percentage of the relevant intersections logged. • All lithology intersections of all hol
Slide 19: Section 2 Reporting of Exploration Results
Criteria JORC Code explanation Commentary Location of • Accuracy and quality of surveys used to locate drill holes (collar and • Holes have no down hole surveys recorded only collar survey. Hole data points down-hole surveys), trenches, mine workings and other locations collars recorded in historica
Slide 20: JORC Table 1 – Tenure and exploration by other parties
Criteria JORC Code explanation Commentary • The security of the tenure held at the time of reporting along with any • At the time of reporting the tenements are in good standing. There known impediments to obtaining a licence to operate in the area. are no known impediments which would prohibit oper
Slide 21: JORC Table 1 – Geology and drill hole information
Criteria JORC Code explanation Commentary EMGF. In the regional context, the EMGF one of the several domains that comprises the Wiluna-Norseman Greenstone Belt which has produced over 3 Moz of gold from a range of deposits, the largest being Paddington (~1.2 Moz). This sheared system is connected al
Slide 22: JORC Table 1 – Diagrams and reporting
Criteria JORC Code explanation Commentary width not known’). Diagrams • Appropriate maps and sections (with scales) and tabulations of • Appropriately scaled plans have been provided in this announcement. intercepts should be included for any significant discovery being A plan showing all drill hole
Slide 23: Appendix B – Sample results above 0.5ppm cutoff
Appendix B – Sample results above 0.5ppm cutoff 18
Slide 24: Appendix B - Drilling information
Appendix B - Drilling information - REZ - Investor Presentation 190821 Hole_ID Easting Northing RL Azi Dip SampleID mFrom mTo Interval Sample Au_GenericMethod Au_ppm Length Method EMRC069 314036.31 6713423.8 464.896 290 -60 EM05603 21 22 1 CONE_SPLIT FA30_AAS 0.66 EMRC069 EM05604 22 23 1 CONE_SPLIT
Slide 25: Drilling information – GVRC0076
Hole_ID Easting Northing RL Azi Dip SampleID mFrom mTo Interval Sample Au_GenericMethod Au_ppm Length Method GVRC0076 133217 31 32 1 Riffle Split FA50 1.61 GVRC0076 133218 32 33 1 Riffle Split FA50 0.81 GVRC0076 133219 33 34 1 Riffle Split FA50 9 GVRC0076 133220 34 35 1 Riffle Split FA50 2.53 GVRC00
Slide 26: Drilling information – MERC008
Hole_ID Easting Northing RL Azi Dip SampleID mFrom mTo Interval Sample Au_GenericMethod Au_ppm Length Method MERC008 R583315 30 31 1 riffle split FA50_AAS 0.7 MERC008 R583361 72 73 1 riffle split FA50_AAS 17.8 MERC008 R583363 74 75 1 riffle split FA50_AAS 9.32 MERC008 R583364 75 76 1 riffle split FA
Slide 27: Drilling information – SKRC0006
Hole_ID Easting Northing RL Azi Dip SampleID mFrom mTo Interval Sample Au_GenericMethod Au_ppm Length Method SKRC0006 473545 35 36 1 RC-COMP UNKN 0.35 SKRC0006 473547 37 38 1 RC-COMP UNKN 0.23 SKRC0006 473550 40 41 1 RC-COMP UNKN 2.71 SKRC0006 473551 41 42 1 RC-COMP UNKN 0.79 SKRC0007 317152.01 6707
Slide 28: Drilling information – KDRC0017
Hole_ID Easting Northing RL Azi Dip SampleID mFrom mTo Interval Sample Au_GenericMethod Au_ppm Length Method KDRC0017 472903 58 59 1 RC-COMP UNKN 9.54
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