Emmerson Resources Limited · ASX:ERM
Emmerson Resources — Mining the Territory 2021
22 slides from Emmerson Resources's conference presentation, Oct 28, 2021
Slide 1: Unlocking the Tennant Creek Mineral Field
Unlocking the Tennant Creek Mineral Field Innovation and Commercial Relationships Rob Bills – Managing Director and Chief Executive Officer Mining the Territory, October 2021
Slide 2: Important notice and disclaimer
Important notice and disclaimer This presentation has been prepared by Emmerson Resources Limited ACN 117 086 745 (ASX: ERM) (the “Company”) and is being provided to a limited number of investors for the sole purpose of providing preliminary background information to enable recipients to review the
Slide 3: The discovery team
The discovery team Hermitage project Tennant Creek
Slide 4: Visible copper intersected at Hermitage within 142m ironstone
ASX: Visible copper intersected at Hermitage within 142m hematite-quartz-jasper-magnetite ironstone HERMITAGE PLAN VIEW Legend: Historical Drilling ERM Proposed Holes 2021 ERM Completed Holes 2021 3D interpreted ironstone from historical drilling - - Magnetite – hematite – quartz ironstone Interpret
Slide 5: Location map with ML30177 and MLC 705, 100% Emmerson tenements
Location map with ML30177 and MLC 705, 100% Emmerson tenements EL26594 North Edna Beryl mine Northern Star Mine Troy (Historic Production Marathon Carraman 26,058oz Gold) Rising Star Kepler ML30893 Hermitage MLC 705 ML30909 ML30870 Thrace Macedon EL28776 ML30177 Northern Star Jasper Hill Copper – Go
Slide 6: Northern Star to Hermitage long sections
Northern Star to Hermitage long sections Gold, copper and cobalt potential…….not explored since 1980’s NORTHERN STAR PIT NORTH STAR GOLD HERMITAGE Jasper Hills Drilling program 2021 Hermitage Drilling program 2021 6
Slide 7: Emmerson hold a strategic 1,700km2 in the Tennant Creek Mineral Field
Emmerson hold a strategic 1,700km2 in the Tennant Creek Mineral Field (Complimentary relationship: ERM manages and operates the exploration, TCMG the mining & processing) 7
Slide 8: Why invest in Emmerson?
Why invest in Emmerson? Commanding land positions in Pathway to grow and realise Creating an emerging gold NT and NSW value from Tennant Creek royalty business Tennant Creek (NT) is one of New Strategic Alliance with TCMG TCMG – well credentialled partner Australia’s highest grade gold over the NPA
Slide 9: Discovery history
Discovery history New detection techniques = discoveries • New detection techniques = discoveries Edna Beryl Mauretania Hermitage 9
Slide 10: Discovering the undiscovered
Discovering the undiscovered First predict, then detect Missing: 1 deposit @ 5.2Mozs, 1 deposit @ 1.74Mozs, +++ 6000000 Predicting the Undiscovered = new style of mineralisation. Hematite hosted breccias and/or vein style in similar structural setting. 5000000 Undiscovered deposit 4000000 Potential
Slide 11: Tennant Creek
Tennant Creek Undervalued and underexplored One of the few underexplored high grade gold provinces Bi left in Australia Edna Beryl 91,500 t Cu North Star Only 8% of drill holes 2% 1.33 moz Au 8 g/t 11 g/t Au reached a depth 1.2 g/t Ag Warrego Orlando greater than 150m Gecko 122,700 t Cu 4% Warrego G
Slide 12: Discoveries
The gold exploration industry “pain point” – time to discover 12 years is the average time to 2.8 companies on average explore discover a minable deposit property before discovery is made Discoveries Time (Years) Exploration companies (n) • Gold discovery is a slow business… slowness is costly. • ER
Slide 13: Old detection technologies
Old detection technologies Fixed-wing aeromagnetics was effective back then but finds only the most obvious magnetite hosted deposits Edna Beryl Northern Star Gecko Warrego Orlando Deposits blind or at best display subtle signatures in historic White Devil aeromagnetics Ivanhoe Mauretania TC8 Susan
Slide 14: New detection technologies - 10,000-line km drone magnetic survey 70% complete
New detection technologies - 10,000-line km high resolution drone magnetic survey 70% complete Proof of concept….drone magnetic anomaly at Mauretania Mauretania….now you see it!....gold Gold associated associated with hematite, some residual with hematite in magnetite = subtle magnetic anomaly drill
Slide 15: Mauretania – exciting new primary gold zone of ~4m at 57g/t gold
Mauretania – exciting new primary gold zone of ~4m at 57g/t gold 15
Slide 16: Landmark Native Title Agreement over Jasper Hills
Landmark Native Title Agreement over Jasper Hills • • • • • •
Slide 17: Edna Beryl – the first high-grade mine further drilling required
• Opened in 2017 and operated Edna Beryl – the intermittently on a campaign basis • Low tonnage and high grade (30g/t Au) mine… first high-grade mine further drilling required • New generation of hematite hosted, Tennant Creek style mineralisation… and there will be others! • Emmerson received a 12
Slide 18: Edna Beryl – small mine, big potential
Edna Beryl – small mine, big potential • Nobles Nob produced +1.1Moz and was the highest grade gold mine in Tennant Creek (average grade +17g/t) • Supergene 31g/t gold grade contours (blue outline) from Nobles Nob superimposed on Edna Beryl • Potential not realised at Nobles Nob until underground de
Slide 19: Integrated approach and strategy
Near Mine Near Mine Gold Projects • Chariot*, Mauretania*, Black Snake*, Malbec West *, Edna Beryl • Scoping studies incl. confirmation residual resources (JORC), permitting etc TCMG Brownfields Greenfields Reassess Existing Mineralisation Discover new deposits (EEJV) Integrated • Utilising the exis
Slide 20: Innovation and commercial relationships
Innovation and commercial relationships Unlocking stranded Emerging gold royalty assets in Tennant Creek business - aims to via new Strategic Alliance generate multiple future with TCMG royalty streams Emmerson to continue to Unlocking new ground drive district-wide via partnerships with exploration
Slide 21: Contact
Contact Rob Bills Managing Director & Chief Executive Officer Emmerson Resources Limited +61 8 9381 7838 rbills@emmersonresources.com.au www.emmersonresources.com.au ASX: ERM 21
Slide 22: Competent person statement
Competent person statement The information in this report is based on information compiled by Dr Ana Liza Cuison, MAIG, MSEG. Dr Cuison is a Member of the Australian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralisation and types of deposits under