Prodigy Gold Nl · ASX:PRX
Prodigy Gold Nl — ABM Resources NL — Shareholder Meeting (November 2017)
31 slides from Prodigy Gold Nl's shareholder meeting presentation, November 2017
Slide 1: Tanami Region - Unlocking the Discovery Potential
Tanami Region - Unlocking the Discovery Potential AGM Presentation November 2017 Matt Briggs Managing Director Investor Presentation November 2017
Slide 2: Important Information & Competent Person
Important Information & Competent Person IMPORTANT INFORMATION This presentation has been prepared by ABM Resources NL (“ABM” or the “Company”). This presentation is for information purposes only and should not be considered as an offer or invitation to subscribe for or purchase any securities in th
Slide 3: Investment Thesis
Investment Thesis ABM Resources has what an explorer needs and a producer wants Unique Greenfields and New team are actively hunting for a major discovery in highly prospective underexplored belts Brownfields Exploration Portfolio Massive strategic land holding in proven multi-million ounce dist
Slide 4: Overview
Section 1 Overview Investor Presentation November 2017 4
Slide 5: Corporate Overview
Corporate Overview Capital Structure Board of Directors Shares on Issue 375.2m Tommy McKeith Non-Executive Chairman Appointed 27/06/16 Unlisted options 21m Matt Briggs Managing Director Commenced 3/10/16 Net Cash1 A$3.7m Brett Smith Non-Executive Director Appointed 9/5/16 Market Cap2 A$35m Mark Faul
Slide 6: A Portfolio of Opportunities
A Portfolio of Opportunities ABM focus on large stand alone targets – monetise other Resources 1. Tanami Ground Package 6 drill programs in 2018 + geophysics Same corridors as Callie 12Moz (NEM) and Groundrush 1.7Moz (NST) Extensive tenement package 1. Tanami Ground Package Targeting Callie lo
Slide 7: Tanami
Section 2 Tanami Investor Presentation November 2017 7
Slide 8: Tanami – The Hunt for the Next Callie
Tanami – The Hunt for the Next Callie ABM is focused on undertaking a systematic work plan prioritising large scale targets (>1Moz) Home of World Class Deposits Callie is a world class gold deposit with 8Moz mined and current mine life of 12 years Annual production of 459kozpa and AISC US$739/oz
Slide 9: Limitations of Historical Exploration on the Tanami Project
Limitations of Historical Exploration on the Tanami Project Bedrock testing required to detect Callie style systems Shallow cover over 80% of the Tanami Previous exploration used soil sampling to screen / prioritise targets – not effective Limited bedrock testing undertaken historically Only t
Slide 10: Exploration Strategy
Exploration Strategy Exploring for >1Moz Callie style deposits in the Tanami Systematic work plan prioritising large scale targets (>1Moz) Review geochemistry with gravity and magnetic anomalism critical for predictive targeting prior to 2017 Field mapping, geochemistry, alteration mapping, ge
Slide 11: +1Moz Au Resource - Just the Beginning
+1Moz Au Resource - Just the Beginning >1 Moz of shallow Resources updated under current management High quality Resources underpin current value – 15.3Mt @ 2.1g/t for 1Moz gold >1Moz of Resources within 100km of mills Strategic Suplejack resource (4.5Mt at 2.1g/t for 310koz of gold ) located
Slide 12: 2017 Activities
Section 3 2017 Activities Investor Presentation November 2017 12
Slide 13: South Suplejack Progress
South Suplejack Progress 2017 Aims • Screen for other target positions • Define shoot controls • Resource growth 2016 2017 2018 Diamond Drilling Suplejack Resource Update RC Drilling AC Drilling Geochem study co- RC Drilling Suplejack • 7 holes • 22 holes • 179 holes funded with the CSIRO • 10 holes
Slide 14: Suplejack Project - Seuss High Grade Discovery
Suplejack Project - Seuss High Grade Discovery Drilling for strike extensions and additional shoots New structure recognised by combining structure and stratigraphic controls of mineralisation Anomalism demonstrates multiple similar targets and extensions Shallow, oxide and sulphide hosted hig
Slide 15: Suplejack Resource Extension Targets
Suplejack Resource Extension Targets September Aircore Results Recent RC Drilling g/t Nov. 2017 RC Hole Investor Presentation See announcement ASX 13 September and November 2017 15 20 November 2017 for details
Slide 16: Bluebush Progress
Bluebush Progress 2017 Aims • Test DPG anomaly • Re-target with updated Database • Commence systematically screening priority targets 2017 Loading of historic data Homestead cofounded CGSG and ABM Tanami Capstan AC Drilling Bluebush AC Drilling and re-targeting diamond hole targeting study • 95 hole
Slide 17: Bluebush Drilling
Bluebush Drilling Folded Dead Bullock Fm. in faulted antiform hinges Same rock type and structural setting as the Callie Mine 5 Targets tested – 159 holes completed late October Rapidly screening priority target areas Wide spaced and targeted drilling Results for Wild Turkey, Big Cuban,
Slide 18: Strategy Yielding Results at Capstan
Strategy Yielding Results at Capstan Capstan Results 8km of bedrock gold anomalism1 Thick intersections Same rocks and structural setting as Callie Aggressively drill at the start of 2018 Demonstrates historic post and vacuum drilling is ineffective 1ASX 21 November 2017 Investor Presentat
Slide 19: Lake Mackay JV
Section 4 Lake Mackay JV Investor Presentation November 2017 19
Slide 20: Lake Mackay Project - Gold and Base Metal Exploration
Lake Mackay Project - Gold and Base Metal Exploration Systematic exploration program currently being executed and funded by IGO A belt scale opportunity with the potential to host gold and base metal deposits IGO to fund $6 million by May 2020 to earn a 70% interest To date IGO have completed
Slide 21: Grapple Results
Grapple Results 6 hole diamond drilling program completed1 First diamond hole 17GRDD001 intersected 11.4m @ 7.9 g/t gold, 20.7g/t silver, 0.8% copper, 1.1% zinc, 0.5% lead and 0.1% cobalt 6 hole program extended strike length to 800 metres and open to the west 17GRDD005 - pyrrhotite-chalcopyrite
Slide 22: Forward Program
Section 5 Forward Program Investor Presentation November 2017 22
Slide 23: Future Activities
Future Activities Q4 Q1 Q2 Q3 Q4 2017 2018 Tanami Projects Bluebush Bluebush RAB Bluebush RAB RC Bluebush Aircore 15,000m 15,000m drilling Tanami Projects Suplejack RC Suplejack Tregony & Nth RC Suplejack RAB RC Resource program Resource Suplejack Suplejack drilling 15,000m drilling Update 1,600m Up
Slide 24: Q4 Announcements
Q4 Announcements • Grapple Diamond drilling results • Suplejack RC drilling underway • Capstan Reconnaissance aircore results • Lake Mackay JV airborne EM trial • Wild Turkey aircore results • Indie/Hornblower aircore results • Suplejack RC Results Investor Presentation November 2017 24
Slide 25: Investment Highlights
Investment Highlights ABM is well positioned with a clear strategy to unlock the discovery potential in the Tanami – Over 8,000km2 of granted tenure§ Large contiguous tenure over – Over 13,000km2 application tenure§ under-explored gold district – Located in belts containing major gold deposits e.g
Slide 26: Contacts
Contacts WWW.ABMRESOURCES.COM.AU ASX:ABU Managing Director – Matt Briggs admin@abmresources.com.au CFO & GM Corporate – Jutta Zimmermann Tel +61 8 9423 9777 Chairman – Tommy McKeith Investor Presentation November 2017 26
Slide 27: Appendices
Section 6 Appendices Investor Presentation November 2017 27
Slide 28: Appendix A - Experienced Management
Appendix A - Experienced Management Successful explorers that understand what it takes to make a mine Non-Executive Chairman - Mr Tommy McKeith BSc Hons (Geol), GDE (Mining), MBA, Fellow AusIMM • Resource company executive with 28 years’ experience in various exploration, business development, mine
Slide 29: Appendix B – Old Pirate & Buccaneer Resource Estimate
Appendix B – Old Pirate & Buccaneer Resource Estimate Old Pirate Mineral Resource Estimate by Classification (Au > 1g/t) Old Pirate Resource estimation at 1g/t cut-off Tonnes Grade Contained Category (Mt) (g/t Au) Ounces Indicated 0.04 4.6 6,500 Inferred 0.72 4.7 108,500 Total 0.76 4.7 114,900 Resou
Slide 30: Appendix C – Suplejack Resource Estimate
Appendix C – Suplejack Resource Estimate Suplejack Mineral Resource Estimate Feb 17 by Classification and Domain Suplejack-Project – Mineral Resource Estimate – February 2017 Area Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Million t Au g/t Oz Million t Au g/t Oz Million t Au g/t Oz
Slide 31: Focus of Activities for 2018
Focus of Activities for 2018 Multiple Targets to be tested (>1Moz) ABM Core Focus Partnered Assets Tanami – Area Of Operational Focus Lake Mackay JV (IGO) Divest or JV • Consolidate 1Moz of Suplejack Resources by screening for additional shoots Develop understanding of the Expedite discovery or sour
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