Redstone Resources Limited · ASX:RDS

Redstone Resources — Corporate Update (July 2020)

11 slides from Redstone Resources's corporate update, Jul 28, 2020

  1. Slide 1: HanTails Gold Project Presentation

    REDSTONE RESOURCES LIMITED HANTAILS GOLD PROJECT PRESENTATION JULY 2020 1

  2. Slide 2: Board of Directors and Company Overview

    Board of Directors and Company Overview Mr Richard Homsany Dr Greg Shirtliff  Chairman  Geological Consultant  Corporate and commercial lawyer for over 25 years advising and  Geologist with over 20 years’ experience in the minerals industry managing public listed resource and energy companies. i

  3. Slide 3: Gold Tailings Project Investment Opportunity

    Gold Tailings Project Investment Opportunity Potential investment opportunity in the HanTails Project ‐ 1980’s large scale gold Tailings Storage Facility (TSF), located 15kms south of Kalgoorlie/Boulder in Western Australia. Potential for approximately 6,300,000 cubic metres of gold tailings*. Figur

  4. Slide 4: HanTails TSF Project Highlights

    Gold Tailings Project Investment Opportunity HanTails TSF Project Highlights  Development stage project  Large scale gold mine TSF from 1980’s  Swift inexpensive path to defining resource  Approx. 6,300,000m3 of gold tailings* Figure 2 ‐ Map of project proximity to Transmission line  No drill/b

  5. Slide 5: TSF Project Background

    HanTails TSF Project Background HanTails TSF lies adjacent to the Hannans South open pit gold mine where operations commenced in May 1986. Initial throughput rates of the Hannans treatment plant were 100,000 tonnes of gold bearing ore per year utilising Carbon in Pulp (CIP) process with tailings dep

  6. Slide 6: HanTails – Gold Recovery & Cash Flow Opportunity

    HanTails – Gold Recovery & Cash Flow Opportunity The HanTails TSF Project has the potential to provide a near term cashflow and operational base for a broader goldfields exploration growth strategy.  Potential HanTails TSF volume of approx. 6,300,000 cubic meters of material (yet to be established

  7. Slide 7: Evaluation Plan for HanTails

    Evaluation Plan for HanTails Proposed next steps for the HanTails Project:  Drill 42 vertical aircore holes on 80 metre centres.  Evaluation to determine the need for further drilling and metallurgical recovery testing.  If results are positive, calculate JORC compliant resource.  Proceed to a f

  8. Slide 8: HanTails Project, Western Australia - Details

    HanTails Project, Western Australia ‐ Details Project Name: HanTails Tenement Number: P 26/4308 Tenement Area: 56.81Ha Tenement Status: Granted Tenement 03/04/2019 Commencement: Tenement Expiry: 02/04/2027 (subject to extension in 2023) Project Gold Commodity: Expenditure Rent for period end 02/04/2

  9. Slide 9: HanTails Resource Potential

    HanTails Resource Potential Potential for a standalone resource:  The TSF layered ‘pancake’ structure suggests that each layer will likely represent the ore processed at that period.  Hannans South treatment plant treated gold tailings material from various sources over many years – likely that th

  10. Slide 10: Why Invest in HanTails Project

    Why Invest in HanTails Project  Large scale gold TSF  Approximately 6,300,000 cubic metres of gold tailings*  Located 590kms east of Perth and 15kms south of Kalgoorlie/Boulder WA, the heartland of Australian gold production with outstanding local infrastructure and mining services support  Seve

  11. Slide 11: Important Information

    Important Information This presentation has been prepared by Redstone Resources Ltd References (Redstone) for the sole purpose of providing financial, operational and 1 Environmental Resources Management Australia – KCGM Kaltails TSF other information to enable recipients to review the business acti

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