Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Shareholder Meeting (November 2010)
20 slides from Liontown's shareholder meeting presentation, Nov 25, 2010
Slide 1: Annual General Meeting – North Queensland Update
For personal use only Annual General Meeting North Queensland Update New Targets in a Proven Gold Province 3D IP November 2010
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 22 November 2010. This presentation may contai
Slide 3: Corporate Snapshot
Overview Corporate Snapshot For personal use only Shares ~210 million Market Capitalisation ~$21 million Cash ~$2.5 million Exploration Portfolio >5,000 km2 Major Shareholder Tim Goyder (28%) Top 50 >80% 3
Slide 4: Well Credentialed Board and Management
Overview Well Credentialed Board and Management For personal use only David Richards Tim Goyder Richard Hacker Managing Director Executive Chairman CFO/Company Secretary Craig Williams Vince Gauci Tony Kiernan Doug Jones Non-Executive Director Non-Executive Director Non-Executive Director Non-Execut
Slide 5: Critical Discovery Criteria
Critical Discovery Criteria The keys to success For personal use only 1. New Targets Proven Gold/Silver Regions Looking below previous 2. New Technologies explorers 3. Large Land Position Improving the odds 4. Funding Maintaining momentum 5
Slide 6: North Queensland
North Queensland World class gold province For personal use only Strategic land position (>5,000km2) in a world class gold province 6
Slide 7: Exploration Models
Exploration Models Breccia pipes and bonanza epithermal veins For personal use only Breccia Pipe Epithermal Veins e.g. Mt Wright, Mt Leyshon e.g. Pajingo, Cracow Au zone Au zone 200m 200m Vertically zoned models - surface expressions identified by: 1. Pathfinder geochemistry High arsenic, antimony a
Slide 8: Mt Windsor Joint Venture – Key Points
Mt Windsor Joint Venture Key Points For personal use only Location North Queensland Tenement Area >3,500km2 1 1.5 Moz Moz Gold Endowment >20 Moz Targets >40 3.5Moz 4Moz Budget $1.25M (2010 – 2011) Ramelius may earn 60% by Ownership spending $7,000,000 Major Gold Deposits in Mt Windsor Region 8
Slide 9: Mt Windsor Joint Venture – Regional Setting and targets
Mt Windsor Joint Venture Regional Setting and targets For personal use only Dominant land position (>3,500km2) in +20Moz gold province 9
Slide 10: Mt Redan (G22)
Mt Windsor Joint Venture Mt Redan (G22) For personal use only Strong arsenic/ 1987 drill hole – 0.1g/t Au, 8g/t antimony/mercury at Ag, 0.13% As at ~50m depth surface (2x2km) Mineralisation at depth? 250m 10
Slide 11: Mt Redan (G22) – IP Section
Mt Windsor Joint Venture Mt Redan (G22) – IP Section For personal use only SW NE Cross section (looking northwest) of IP image showing strong geophysical anomaly below arsenic-antimony-mercury soil anomaly. 11
Slide 12: Cardigan Dam (G14) – Mt Wright Look-a-Like
Mt Windsor Joint Venture Cardigan Dam (G14) – Mt Wright Look-a-Like For personal use only Rhyolite breccia (mag. low) intruding granite. Strong , 1.6 x 0.5 km silver anomaly straddling contact zone. Mt Wright analogy but 4x bigger. Coincident geochemical/ magnetic/IP anomaly. Image showing magnetic
Slide 13: Cardigan Dam (G14) – IP Section
Mt Windsor Joint Venture Cardigan Dam (G14) – IP Section For personal use only SW Planned drill hole NE >0.5 g/t silver contact 200m 500m Cross section (looking north) of IP image showing geological contact, silver anomaly and proposed drill hole. 13
Slide 14: Panhandle Project – Key Points
Panhandle Project Key Points For personal use only Location North Queensland Tenement Area >1,150km2 1 1.5 Moz Moz Gold Endowment >20 Moz Silver Endowment >40 Moz (Mt Carlton) 3.5Moz • 2 x untested rock chip 4Moz Targets • Multiple Ag-in-stream Budget >$500,000 (2010 – 2011) Major Gold Deposits in P
Slide 15: Panhandle Project – Regional setting and targets
Panhandle Project Regional setting and targets For personal use only Strategic land position (>1,150km2) on Mt Carlton corridor 15
Slide 16: Quartz Ridge – Inverted IP Image
Panhandle Project Quartz Ridge – Inverted IP Image For personal use only Beta Zone – +1g/t Au trend F High resistivity zone- veining/silicification? Low resistivity - alteration pipe? 200m Section 10200N – Showing alteration at depth beneath gold bearing float samples and proposed drill holes 2km Lo
Slide 17: Powerline – Breccia Au/Ag Target
Panhandle Project Powerline – Breccia Au/Ag Target For personal use only Historic (1990s), 1km long rock chip anomaly Faulted, contact zone Breccias exposed at surface 8km long silver + pathfinder anomaly Recent rock chip sampling recorded anomalous silver along entire contact Initial soil sampling
Slide 18: Powerline – Large magnetic alteration system
Panhandle Project Powerline – Large magnetic alteration system For personal use only 18
Slide 19: The Plan – Now and Beyond
The Plan – Now and Beyond Immediate Action For personal use only ► JV funding accelerating exploration at Mt Windsor • Minimum expenditure of $1.25million in 2010-2011 • Drilling of IP targets in progress • Multiple targets awaiting follow up ► Ongoing target definition on wholly owned Panhandle Pro
Slide 20: Thank You
For personal use only Thank You
Liontown Resources — Shareholder Meeting (November 2010) on 6ix