Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Mines and Money London 2012
21 slides from Liontown's conference presentation, Dec 5, 2012
Slide 1: Hunting for elephants in the Tanzanian goldfields
For personal use only Hunting for elephants in the Tanzanian goldfields Mines and Money - London 5th December 2012 ASX Code: LTR
Slide 2: Disclaimer
Disclaimer For personal use only Disclaimer: • The material used in this presentation is intended to be a summary of operational and geological activities that are current and proposed, based on the information available to Liontown Resources Limited as at 26th November 2012. This presentation may c
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Focused on discovering world-class gold deposits in T Tanzania, i E Eastt Africa Af i – one off the th world’s ld’ mostt prospective ti gold provinces. Highly leveraged to exploration success with a market cap of just $16M. ASX Code LTR Shares on Issue ~393 m
Slide 4: Highly Experienced Board and Management
Highly Experienced Board and Management For personal use only TIM GOYDER – Executive Chairman 30 years experience, i Ch Chairman i – Chalice Ch li Gold, G ld Director Di t – Uranium U i Equities E iti DAVID RICHARDS – Managing Director 30 years experience, experience former Managing Director – Gleng
Slide 5: Liontown Overview
Liontown Overview For personal use only An opportunity to get in on the ground floor of a world-class gold discovery in Tanzania. • Jubilee Reef Gold Project, N. Tanzania • JV with Currie Rose Resources – 65% equity and increasing • +21,500m of drilling completed to date • Extensive gold mineralisat
Slide 6: The Right Place – Surrounded by "Head Frames"
The Right Place – Surrounded by “Head Frames” For personal use only Lake Victoria Goldfield • +50Moz g gold endowment – home to several world-scale deposits • Multiple +10Moz deposits, six operating mines including*: • Bulyanhulu (~17Moz) • Geita ((~12 12.5Moz) 5Moz) • Buzwagi (~4.5Moz) • Fourth big
Slide 7: Jubilee Reef – A Premium Address
Jubilee Reef – A Premium Address For personal use only Sandwiched between tenements held byy Tanzania’s largest g ggold miner,, African Barrick Gold, which is active on the boundary. 7
Slide 8: Jubilee Reef JV – Highly Promising Early Results
Jubilee Reef JV – Highly Promising Early Results For personal use only • 3 priority prospects delineated to date – Masabi Hill, Panapendesa Chela Panapendesa, • Broad, near-surface gold zones intersected at Masabi Hill and Panapendesa • Potential for large large-scale scale gold systems • Multiple p
Slide 9: Masabi Hill: Large Gold System Confirmed
Masabi Hill: Large Gold System Confirmed For personal use only • Early results highlight potential for repeats of nearby gold deposits • Results include: • Discovery (Central) Zone up to 62m @ 2.4g/t Au (including 21m @ 4.66g/t Au) • Southern Zone up to 74m @ 1.8g/t Au • Gold G ld anomalism li open
Slide 10: Masabi Hill – Discovery Zone
Masabi Hill – Discovery Zone For personal use only Masabi Hill – Section 439030E • Significant widths of ore grade material: 91-20g/t Au • IIncludes l d hi high-grade h d intervals • Hosted by altered syenite 10
Slide 11: Masabi Hill – Southern Zone
Masabi Hill – Southern Zone For personal use only Masabi Hill – Section 439220E • Located near southern margin of intrusive body beneath transported cover • Hosted in mixed syenite, diorite, basalt sequence • Assays A pending di forf hhole l down dip 11
Slide 12: Jubilee Reef Project: Key Gold Targets
Jubilee Reef Project: Key Gold Targets For personal use only 12
Slide 13: Jubilee Reef Project: Panapendeza Drill Plan
Jubilee Reef Project: Panapendeza Drill Plan For personal use only 13
Slide 14: Jubilee Reef Project: Panapendeza Drill Section
Jubilee Reef Project: Panapendeza Drill Section For personal use only • Intersected on four traverses over ~300m strike • Multiple, steep dipping lodes? • Hosted H t d bby mixed i d sediment di t package • Open at depth and possibly along strike 14
Slide 15: Jubilee Reef JV – The Next Steps
Jubilee Reef JV – The Next Steps For personal use only • Process and P d interpret i 2012 ddrill ill data – >16,000m drilled for year • Determine D t i orientation i t ti and d scale l off mineralised zones at Masabi Hill and Panapendesa • Determine optimal follow-up drill program for Chela prospect
Slide 16: Summary
Summary For personal use only • Focused, Australian-based gold explorer • ~$2M cash at 2012 year-end • Accomplished team with strong discovery track record • Emerging gold system of significant size andd scale l att Jubilee J bil R Reeff ((~65% 65% equity, it increasing) 9Multiple zones of mineralis
Slide 17: Hunting for elephants in the Tanzanian goldfields
For personal use only Hunting for elephants in the Tanzanian goldfields Mines and Money - London 5th December 2012 ASX Code: LTR
Slide 18: Appendix 1- Masabi Hill/RC and DD Drill Intersections
Appendix 1- Masabi Hill/RC and DD Drill Intersections For personal use only Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) HOLEID Easting Northing Azimuth Dip DEPTH HOLEID Easting Northing Az
Slide 19: Appendix (cont)
Appendix 1 (cont) For personal use only Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) HOLEID Easting Northing Azimuth Dip DEPTH HOLEID Easting Northing Azimuth Dip DEPTH From To Interval Gra
Slide 20: Appendix (cont)
Appendix 1 (cont) For personal use only Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) HOLEID Easting Northing Azimuth Dip DEPTH From To Interval Grade From To Interval Grade JBRRC118 438950 9606110 360 ‐60 120 JBRRC119 438948 9605986 360 ‐60 60 117 JBRRC120 438945 960
Slide 21: Appendix – Panapendesa RC Drill Intersections
Appendix 2 – Panapendesa RC Drill Intersections For personal use only Signifcant Intersections (>0.1g/t Au) Signifcant Intersections (>0.5g/t Au) HOLEID Easting Northing Azimuth Dip DEPTH From To Interval Grade From To Interval Grade 0 6 6 0 25 0.25 JRRC‐4 441183 9607735 45 ‐60 102 60 69 9 0.19 90 9