Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — Conference Presentation (July 2014)
23 slides from Stavely Minerals's conference presentation, Jul 17, 2014
Slide 1: Stavely & Ararat Copper-Gold Projects, Western Victoria
For personal use only STAVELY & ARARAT COPPER-GOLD PROJECTS WESTERN VICTORIA
Slide 2: Disclaimer
STAVELY MINERALS For personal use only Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Comp
Slide 3: IPO Raising Fully Subscribed
STAVELY MINERALS For personal use only IPO Raising Fully Subscribed • 80.4 million shares on issue • Raised $6.1 million @ 20c • No pre-IPO cheap ‘seed’ stock other than to the 4 principals in the business most of that is escrowed for 2 years. • Drill ready targets at Mt Ararat copper-gold VMS exten
Slide 4: ASX Code - SVY
STAVELY MINERALS ASX Code - SVY For personal use only Shares on Issue – 80.4M Share Price (30/06/14) - $0.43 Market Cap (30/06/14) - $34.6M Cash (30/06/14) - $4.1M $0.70 700,000 Directors $0.60 600,000 Bill Plyley Non-executive Chairman $0.50 500,000 Chris Cairns Managing Director Share Price $0.40
Slide 5: Project Location
PROJECT LOCATION For personal use only The Mount Stavely Volcanic Complex is considered a northern extension of the Mt Read Volcanics in Tasmania
Slide 6: Project Location
PROJECT LOCATION For personal use only Total area owned and applied for tenure: 770 square kilometres
Slide 7: Mineral Resources
1 MINERAL RESOURCES For personal use only At the Ararat Project, hosted in Besshi-style VMS: • Inferred Mineral Resources of 1.2Mt at 2.0% copper, 0.5 g/t gold, 0.4% zinc and 6 g/t silver for 30kt of contained copper At the Stavely Project hosted in a secondary chalcocite enriched blanket: • Inferre
Slide 8: Ararat Project
For personal use only ARARAT PROJECT
Slide 9: Ararat Project
ARARAT PROJECT For personal use only Hosts the: Mt Ararat Besshi-style copper-gold VMS and the Langi Logan - Stawell Gold Mine look-alike target
Slide 10: Ararat Project
ARARAT PROJECT • Mt Ararat Besshi-style VMS – Inferred Mineral Resource of For personal use only 1.2Mt at 2.0% copper, 0.5g/t gold, 0.4% zinc and 6g/t silver. • The Degrussa deposit is considered a Besshi-style VMS • Open at depth and along strike
Slide 11: Mt Ararat VMS ground EM conductor plates
ARARAT PROJECT Mt Ararat VMS ground For personal use only EM conductor plates • Mt Ararat existing Mineral Resource has a ground EM conductor to 500m depth (red). First pass RC drilling complete. • Carrolls prospect (blue) has a ground EM conductor 2km along strike and to 800m depth. First pass RC d
Slide 12: Mt Ararat VMS has compelling exploration potential
ARARAT PROJECT Mt Ararat VMS has compelling exploration potential For personal use only Immediately along strike to the north from an Inferred Mineral Resource with attractive grades of 1.2Mt at 2% copper, 0.5 g/t gold and 0.4% Zn: VTEM conductors confirmed by ground EM over 3.5 km long Coincide
Slide 13: Stavely Project
For personal use only STAVELY PROJECT
Slide 14: Stavely Project
STAVELY PROJECT For personal use only • Thursday’s Gossan chalcocite enriched blanket – Inferred Mineral Resource of 28Mt at 0.4% copper containing 107kt copper • Thursday’s Gossan porphyry • Junction porphyry • Newly interpreted Mt Stavely porphyry • Fairview Gold prospect • Wickliffe VMS prospect
Slide 15: Thursday's Gossan chalcocite blanket and porphyry intrusion
STAVELY PROJECT For personal use only Thursday’s Gossan chalcocite blanket (red) and location of porphyry intrusion at depth (blue) controlled by long-lived structures – regional structural controls expressed at local scale.
Slide 16: Thursday's Gossan chalcocite inferred resource
STAVELY PROJECT For personal use only • Thursday’s Gossan chalcocite - less than 1:1 strip ratio • Inferred Mineral Resource of 28 million tonnes at 0.4% copper = 110 Kt contained copper
Slide 17: Porphyry intrusions at depth appear as gravity lows
STAVELY PROJECT For personal use only Porphyry intrusions at depth appear as lows in the gravity images. Three porphyry targets: • Thursday’s Gossan • Junction • Mt Stavely
Slide 18: Exploration upside premise
STAVELY PROJECT • Stavely Minerals bought these projects primarily For personal use only for the exploration upside. • Stavely’s premise was that previous explorers had failed to recognise the high-level of exposure – ie. The porphyry was down deeper than existing drilling.
Slide 19: Significant drill intercepts into leakage structures
STAVELY PROJECT For personal use only Significant drill intercepts into ‘leakage’ structures: • ‘D’ veins in the porphyry terminology of Gustafson and Hunt, 1975 • 7.7 metres at 4.14% copper, 1.08 g/t gold and 77g/t silver • 9.5 metres at 2.93% copper, 0.44g/t gold and 42 g/t silver
Slide 20: First deep diamond drill hole at Thursday's Gossan
STAVELY PROJECT For personal use only • Well developed porphyry-style alteration, quartz veining and sulphide mineralisation intercepted over broad intervals in the first deep diamond drill hole targeting IP chargeability anomaly completed at Thursday’s Gossan to a depth of 522m. • Alteration intens
Slide 21: Cadia Valley / Northparkes-style Copper-Gold Porphyry Potential
STAVELY PROJECT For personal use only Cadia Valley / Northparkes–style Copper-Gold Porphyry Potential Porphyry targets with: Gravity lows IP chargeability anomalies Alteration mineralogy indicating high-level of exposure in porphyry system Almost no drilling below 250m depth Sulphur isotop
Slide 22: Forward Programme
FORWARD PROGRAMME Drilling in-progress For personal use only Thursday’s Gossan 4 x 700 metre deep diamond drill holes testing for porphyry copper-gold mineralisation at depth – first hole complete1 Junction 2 x 500 metre deep diamond drill holes testing for porphyry copper-gold mineralisation at
Slide 23: Thank You
STAVELY MINERALS For personal use only Thank You Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au Ph: 08 9287 7630 The information is extracted from information in the Stavely Minerals Prospectus available to view on www.stavely.com.au and ASX an
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