Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Shareholder Meeting (November 2011)
25 slides from Lodestar Minerals's shareholder meeting presentation, Nov 28, 2011
Slide 1: AGM Presentation cover letter to ASX
Lodestar Minerals Limited ABN 31 127 026 528 Registered office Postal address 41 Stirling Highway PO Box 985 Nedlands WA 6009 Nedlands WA 6909 Tel: +61 8 9423 3280 Website Fax: +61 8 9389 8327 www.lodestarminerals.com.au For personal use only 28th November 2011 ASX Limited By Electronic Lodgement De
Slide 2: Company Presentation: A Focus on Discovery in the Jenkin Thrust Belt
LODESTAR For personal use only MINERALS LIMITED ASX: LSR COMPANY PRESENTATION A Focus on Discovery in the Jenkin Thrust Belt, Peak Hill – Doolgunna November 2011 1
Slide 3: Disclaimer
Disclaimer For personal use only Forward Looking Statements Forward Looking Statements: This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Lodestar Minerals’ exploration program and other statements that are not his
Slide 4: Peak Hill – Doolgunna: Investment Opportunity
Peak Hill – Doolgunna: Investment Opportunity Largest landholding across the Jenkin Thrust Belt – 120km strike (2350 sq km) For personal use only Large tonnage/high grade base metal endowment within Proterozoic terrains • DeGrussa • Abra • Magellan • Horsehoe Lights Under-explored or unexplore
Slide 5: Corporate Snapshot
Corporate Snapshot ASX code: Board & Management For personal use only LSR Rhod Grivas (Chairman) Bill Clayton (Managing Director) Issued Capital: pre-raising Mark Pitt (Non-Executive Director) • 89 million shares David McArthur (Executive Director & Company Secretary) • 6 million unlisted optio
Slide 6: Share Price Targets – Competitor Comparison
Share Price Targets – Competitor Comparison For personal use only Sandfire demonstrates the success case in this province Market capitalisation of the Doolgunna explorers explorers--major upside potential 5
Slide 7: Peak Hill-Doolgunna - Background
Peak Hill- Hill-Doolgunna - Background Acquired project March 2010 For personal use only Very limited previous exploration All tenements granted by October 2010 – exploration commenced. Exploration through 2011 – regional geochemistry, VTEM, EM, gravity & drilling Achievements – Base line da
Slide 8: Jenkin Thrust Belt – a New Base Metal Province
Jenkin Thrust Belt – a New Base Metal Province For personal use only Relatively unexplored province – significant knowledge gaps 7
Slide 9: Jenkin Thrust Belt – a New Base Metal Province
Jenkin Thrust Belt – a New Base Metal Province For personal use only DeGrussa discovery and the VMS paradigm driving exploration Prospective basin sequences outside the Bryah Basin – Yerrida 12,000 sq km (fluids) , large scale structures (fluid transfer) and buried magmatic centres (heat flow) c
Slide 10: Jenkin Thrust Belt – Regional Targeting
Jenkin Thrust Belt – Regional Targeting Geochemistry GSWA regional regolith sampling– For personal use only Cu distribution (raw data) influenced by regolith domain, bed rock composition, iron content GSWA sampling identifies exploration targets at the regional scale (gold and base metal Raw data
Slide 11: Western Project
For personal use only Western Project: 10
Slide 12: Western Project: Exploration Status
Western Project: Exploration Status Adjoins Sandfire tenements Between major gold camps, 6km NW of For personal use only DeGrussa Previously Explored by WMC and Great Central Mines Historic Exploration • extensive soil/hardpan cover in the east •soil sampling anomalies to 80ppb Au •wide spaced R
Slide 13: Western Project: The Exploration Program
Western Project: The Exploration Program Geochemistry For personal use only Regional stream/soil/rock chip geochemistry – first pass exploration gold, copper, base metals Follow up GSWA regional geochemical anomalies with drilling Exploration under cover Drilling – identify geological sequence,
Slide 14: Marymia Project
For personal use only Marymia Project: 13
Slide 15: Marymia Project: Exploration Status
Marymia Project: Exploration Status Predominantly diamond & gold exploration For personal use only GSWA geochemistry identifies regional targets within tenements Unexplored Proterozoic basin - Lodestar stream float sample reporting 10g/t Ag and 805ppm Pb confirms mineralised structures in sedimen
Slide 16: Marymia Project: Transformer Prospect
Marymia Project: Transformer Prospect For personal use only Base Metal Exploration - Jenkin Thrust extension 15
Slide 17: Marymia Project: The Exploration Model
Marymia Project: The Exploration Model SEDEX Deposits (Zn-Pb-Ag) For personal use only • Major source of base metals • Proximal and distal to vent Potential remote •Strong fault control on vent hydrothermal zone at Transformer discharge sites •Distal deposits controlled by basin topography Geometr
Slide 18: Marymia Project: The Exploration Program
Marymia Project: The Exploration Program Geochemistry For personal use only Extensive soil cover over eastern region • Historic drilling indicates that cover does not exceed 4-8m depth over large areas • orientation geochemistry (auger/RAB) targets under cover Drilling: Phase 1 completed •initial
Slide 19: Ned's Creek Project
Ned’s Creek Project : For personal use only Prospective basin & structural setting within large copper mineralising system 18
Slide 20: Ned's Creek Project: The right location
Ned’s Creek Project: The right location For personal use only Adjacent to Sipa Resource’s Enigma prospect Limited historic exploration: • Majors exploring for “Zambian Copper Belt” deposits VTEM survey traces “conductive unit” (black shale) with anomalous base metal geochemistry, suitable host
Slide 21: Ned's Creek: Contessa Prospect (Bi-Mo-Ag)
Ned’s Creek: Contessa Prospect (Bi- (Bi-Mo Mo--Ag) Bi-Mo-Ag anomaly in regional lag For personal use only sampling Quartz veins with visible molybdenite and pyrite exposed at southern end of anomaly Granite – sediment contact & north west structure Sampling results: • Vein samples returned 9
Slide 22: Ned's Creek: Exploration Program
Ned’s Creek: Exploration Program Extensive RAB drilling program to test For personal use only geochemical targets/structures on basin margin – along strike from Enigma. Mapping and sampling along granite – sediment contact, follow up gold anomalies in lag sampling Contessa Prospect (Bi-Mo-Ag)
Slide 23: Summary: Peak Hill – Doolgunna Exploration Program 2012
Summary: Peak Hill – Doolgunna Exploration Program 2012 For personal use only Intensive RAB/AC program targeting Cu anomalies >5km strike - Neds Creek Multiple geochemical targets Detailed soil geochemistry to continue E52/2492 – Marymia, E52/2456 – Neds Creek First – pass drilling Western Blo
Slide 24: Reasons to Invest
For personal use only Reasons to Invest Lowest market cap of the Doolgunna explorers, exploration and investment currently driven by the VMS paradigm Large, strategic landholding in highly prospective district Thaduna neighbours’ exploration results are increasingly challenging the VMS paradig
Slide 25: Lodestar Minerals Limited contact details
LODESTAR MINERALS LIMITED 41 Stirling Highway Nedlands WA 6009 For personal use only Bill Clayton T: 08 9423 3281 F: 08 9389 8327 billclayton@lodestarminerals.com.au 24
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