Tasman Resources Ltd · ASX:TAS
Tasman Resources — Shareholder Meeting (November 2020)
20 slides from Tasman Resources's shareholder meeting presentation, Nov 26, 2020
Slide 1: AGM Presentation
For personal use only AGM Presentation 26 November 2020 1
Slide 2: Disclaimer
Disclaimer For personal use only The interpretations and conclusions reached in this presentation are based on current geological theory and the best evidence available to the authors at the time of writing. It is the nature of all scientific conclusions that they are founded on an assessment of pro
Slide 3: Corporate
Corporate For personal use only • Tasman holds 624 million shares (33%) of the issued capital of Eden. • Market value of Eden holding - $16.9 million* • Current Market Capital of Tasman - $24 million* • Tasman cash at bank - $850,000*. * As at 25 November 2020. 3
Slide 4: Tasman Project Locations
Tasman Project Locations For personal use only • o Copper - Gold Lake Torrens (1079 km2) Pernatty (193 km2) Gold - Silver Parkinson Dam (41 km2) 4
Slide 5: Lake Torrens Project - EL6416 Fortescue Joint Venture
Lake Torrens Project - EL6416 Fortescue Joint Venture For personal use only • Farm in and joint venture agreement with Fortescue Metals Group over Tasman’s wholly owned EL 6416 (previously EL5499) • Fortescue to initially earn a 51% interest in EL 6416 by sole funding A$4 million plus GST on explora
Slide 6: Lake Torrens Project - EL6416 Work Program
Lake Torrens Project - EL6416 Work Program For personal use only Work completed by Fortescue has included: • review of historical exploration data • re logging and selective re-assaying of drill holes • hyperspectral analysis of selected Vulcan holes • detailed magnetic susceptibility, specific grav
Slide 7: Lake Torrens Project - Fortescue Drilling Program
Lake Torrens Project - EL6416 Fortescue Drilling Program For personal use only • First of 2 deep diamond holes to test Vulcan North targets commenced mid November 2020 Regional residual gravity image over Tasman’s Exploration Licence 6416, showing the location of Vulcan North, Olympic Dam and Tasman
Slide 8: Previous Tasman drilling at Vulcan North: VUD 3
Previous Tasman drilling at Vulcan North: For personal use only VUD 3: High Grade IOCG (Cu - Au - U3O8) Mineralisation 0.34m at 5.9% Cu, 2.23g/t Au 0.75m at 4.4% Cu, 1.34g/t Au, 0.58kg/t U3O8 8
Slide 9: Previous Tasman drilling at Vulcan North: VUD15
Previous Tasman drilling at Vulcan North: For personal use only VUD15: IOCG Copper Mineralisation 9
Slide 10: EL6137 Tasman 100% - Drilling RC precollar
Pernatty Project – EL6137 Tasman 100% For personal use only Drilling RC precollar in Southern Area 10
Slide 11: Prospectivity
Pernatty Project Prospectivity For personal use only Initial prospectivity identified by Tasman based on: • regional geophysical data (magnetics and gravity) • possibility of reasonable basement depth • regional synthesis of IOCG systems by Tasman • proximity to the Carrapateena IOCG deposit (20km)
Slide 12: Location, Target Areas, Work Done
Pernatty Project Location, Target Areas, Work Done For personal use only EL6416 Exploration completed to date: • Gravity surveys in 2018 & 2019 • EM surveys over priority gravity & mag. target areas 2019 • Geophysical interpretation and modelling: • 3 coincident EM-gravity-mag. anomalies identified
Slide 13: Proposed Follow Up Drilling to Test Copper Sulphide Potential
Pernatty Project Proposed Follow Up Drilling to Test Copper Sulphide Potential For personal use only • Drilling commenced October 2020, to test the gravity-mag- EM anomalies and several steeply dipping conductors for economic Cu sulphides. Precollaring now complete, coring has commenced. • Conductor
Slide 14: Proposed Drill Hole Locations and Nearby Mines
Pernatty Project Proposed Drill Hole Locations and Nearby Mines For personal use only 14
Slide 15: Drill Hole Targets
Pernatty Project Drill Hole Targets For personal use only Southern Area: Coincident EM-Gravity-Magnetic Anomaly Northern Area Body 1 Body 2 Conductive Plates Coincident Southern EM-grav-mag Area targets Modelled EM conductor (black hatch) and EM survey lines over residual magnetic image and interpre
Slide 16: Southern Area: Coincident EM-Gravity-Magnetic Anomaly
Pernatty Project Southern Area: Coincident EM-Gravity-Magnetic Anomaly For personal use only • Weakly conductive gravity (0.3 mgal) – residual mag. anomaly modelled as felsic rock with 5% hematite + sulphides and <0.1% magnetite from 300m depth. Plate 07 Line 6517000N. Response profiles and CDI gene
Slide 17: Northern Area Basement? Conductors
Pernatty Project Northern Area Basement? Conductors For personal use only • Two small coincident mag-gravity-EM highs modelled at approx. 370 and 400m depth: • body 1 – models at 15% dense non-mag component such as hematite + sulphides and <0.1% magnetite. Associated EM suggests sulphides dominant.
Slide 18: Northern Area Basement? Conductors (body 1)
Pernatty Project Northern Area Basement ? Conductors For personal use only Coincident mag-gravity-EM (body 1) Plate 01 Line 751400E. Plate-in-host model simulation (Plate 01) for the N-S CDI above. Maximum conductivity is interpreted to be near 370m depth. 18
Slide 19: Northern Area Basement? Conductors (body 2)
Pernatty Project Northern Area Basement? Conductors For personal use only Coincident mag-gravity-EM (body 2) Northern Area Line 6524000N. TEM, magnetics (blue) and gravity (red) profiles and conductivity depth image. 19
Slide 20: Competent Person's Statement
Competent Person’s Statement For personal use only The information in this presentation that relates to Exploration Results is based on and fairly represents information compiled by Michael J Glasson, Competent Person who is a member of the Australian Institute of Geoscientists. Mr Glasson is a part
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