Tasman Resources Ltd · ASX:TAS
Tasman Resources — Investor Presentation (February 2020)
24 slides from Tasman Resources's investor presentation, Feb 18, 2020
Slide 1: Broker Presentation
For personal use only Broker Presentation 18 February 2020 1
Slide 2: Investment in Eden Innovations Ltd (ASX:EDE)
Investment in Eden Innovations Ltd (ASX:EDE) For personal use only • Tasman holds 624 million shares (36%) of the issued capital of Eden. • Market value of Eden holding - $26 million* • Current Market Capital of Tasman - $20 million* • Tasman cash at bank - $230,000*. Tasman is currently considering
Slide 3: 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) 3
Slide 4: Lake Torrens Project
For personal use only Lake Torrens Project Including Vulcan and Vulcan West IOCG prospects 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 Fortescue work in progress includes: • review of historical exploration data • re logging and selective re-assaying of drill holes • hyperspectral analysis of selected Vulcan holes • detailed magnetic susceptibility, specific gravity a
Slide 7: Residual Gravity Image and IOCG Prospects
Lake Torrens Project – EL6416 Residual Gravity Image and IOCG Prospects For personal use only 7
Slide 8: Vulcan IOCG Prospect
Vulcan IOCG Prospect Residual Gravity Image, Drilling and Tasman’s Possible Targets For personal use only Footprint of Carrapateena deposit at same scale Footprint of Carrapateena deposit at same scale 8
Slide 9: Vulcan VUD 3: High Grade Cu-Au-U3O8
Vulcan VUD 3: High Grade Cu - Au - U3O8 For personal use only 0.34m at 5.9% Cu, 2.23g/t Au 0.75m at 4.4% Cu, 1.34g/t Au, 0.58kg/t U3O8 9
Slide 10: Vulcan VUD 15: Remobilised IOCGU mineralisation
Vulcan VUD 15: Remobilised IOCGU mineralisation For personal use only 10
Slide 11: Vulcan West IOCG Prospect
Vulcan West IOCG Prospect Residual Gravity with Tasman’s Prospective Targets and Modelled Depths For personal use only 700m 650m 700m 850m 750m 680m 11
Slide 12: 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 (< 500m) • regional synthesis of IOCG systems by Tasman • proximity to the Carrapateena IOCG deposi
Slide 13: 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 14: Proposed Follow Up Drilling to Test Cu Sulphide Potential
Pernatty Project Proposed Follow Up Drilling to Test Cu Sulphide Potential For personal use only • Drilling planned mid-2020, to test the gravity-mag- EM anomalies in both areas and steeply dipping conductors in northern area for economic Cu sulphides. • Conductors identified - different from classi
Slide 15: Proposed Drill Hole Locations and Nearby Mines
Pernatty Project Proposed Drill Hole Locations and Nearby Mines For personal use only 15
Slide 16: 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 17: 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 18: Northern Area Conductors
Pernatty Project Northern Area Conductors For personal use only • Two steeply dipping conductive sheets interpreted on southern most line : • high conductances suggest sulphides in steeply dipping faults or fractures in cover rocks at 50 to 100m depth. • graphite as a source of conductivity can’t be
Slide 19: Northern Area Conductors: Steeply dipping conductive sheets
Pernatty Project Northern Area Conductors For personal use only Steeply dipping conductive sheets Plate 01 Plate 02 Line 6523250N. Plate-in-host model simulation for data in adjacent CDI showing steeply dipping modelled conductive plates 01 and 02. 19
Slide 20: Northern Area Conductors: Coincident mag-gravity-EM (body 1)
Pernatty Project Northern Area 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. 20
Slide 21: Northern Area Conductors: Coincident mag-gravity-EM (body 2)
Pernatty Project Northern Area 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. 21
Slide 22: Budget Estimate – RC/Diamond holes
Pernatty Project Budget Estimate – 5 RC/Diamond holes (~ 1,850 m in total) For personal use only RC Drilling 130,000 Diamond Drilling (Tails) 80,000 Assays 15,000 Heritage Surveys 20,000 Labour 70,000 Other 40,000 Total $355,000 22
Slide 23: 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 24: 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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