Igo Limited · ASX:IGO
Igo — Independence Group NL — RIU Explorers Conference 2017
24 slides from Igo's conference presentation, Feb 23, 2017
Slide 1: RIU Explorers Conference – Fremantle 2017
23/02/2017 For personal use only RIU EXPLORERS CONFERENCE – FREMANTLE 2017 Attached is a presentation to be given today, by Matt Dusci, Chief Growth Officer, at the RIU Explorers Conference being held over the 22 and 23 February 2017. The presentation outlines IGO’s: Commitment to creation of tran
Slide 2: Independence Group NL – RIU Explorers Conference
INDEPENDENCE GROUP NL For personal use only MATT DUSCI, CHIEF GROWTH OFFICER RIU Explorers Conference 23 February 2017
Slide 3: Cautionary statements & disclaimer
Cautionary statements & disclaimer • This presentation has been prepared by Independence Group NL (“IGO”) (ABN 46 092 786 304). It should not be considered as an offer or invitation to subscribe for or purchase any securities For personal use only in IGO or as an inducement to make an offer or invit
Slide 4: Overview
Overview Value creation through Discovery For personal use only 1 Our Operations 2 Our Approach to Discovery 3 Our Portfolio 4 Key Takeaways 3
Slide 5: IGO Operations – A Snapshot
IGO Operations A Snapshot For personal use only Jaguar Zn, Cu, Ag Tropicana JV (30%) Au Realising VMS camp potential Low cost and long life gold asset Mineral Resources(1) 256,000t Zn 51,000t Cu Est. Mine Life ~2027-2030 13.1Moz Ag Mineral Resources(2) 8.02Moz Resource Ore Reserves(1) 137,000t Zn 16
Slide 6: IGO – A strong sense of purpose
IGO – A strong sense of purpose Creation of a leading Australian growth platform For personal use only DISCOVERY DEVELOPMENT & CURRENT OPERATIONS CONSTRUCTION Our purpose is to create long-term shareholder value through discovery, acquisition, development and operation of high-margin, long-life mini
Slide 7: IGO committed to Growth through Discoveries
Exploration IGO committed to Growth through Discoveries For personal use only • Recognised value transformation through repeated discoveries and development to production • $33M exploration budget across the portfolio for FY17 • Looking to ramp-up exploration in FY18 with potential to increase expen
Slide 8: Brownfields and Greenfields
Brownfields and Greenfields Balanced portfolio exploring both Brownfields and Greenfields Terranes For personal use only Near Mine and Brownfields • Creation of belt-scale opportunities around our infrastructure • Jaguar tenement portfolio • Consolidation of ground positions and bolt-on opportunitie
Slide 9: Our Focus on Excellence
Our Focus on Excellence For personal use only People & Culture • It is the team that makes discoveries • Internal expertise balanced with execution capacity • Value focused culture • The right people in the right place at the right time Area Selection Our Focus on Excellence • Increasing our probabi
Slide 10: Technology, Innovation and R&D
Technology, Innovation and R&D A core enabler for Discovery For personal use only • Integration of technologies, innovation and R&D into our work streams IGO is focused on technology, innovation and R&D as a core • Across all scales from microscopic through to continental scale enabler for discovery
Slide 11: Jaguar Exploration – A VMS camp
Jaguar Exploration A VMS camp For personal use only High grade underground Zn-Cu-Ag-Au VMS deposits • Located 300km north of Kalgoorlie Known VMS camp with significant exploration upside: • Regional exploration potential with over 50km of known strike along prospective corridor (rhyolite/ mafic stra
Slide 12: Jaguar Exploration – Triumph Deposit
Jaguar Exploration Triumph Deposit For personal use only • Located 6km north of Jaguar processing plant • VMS mineralisation identified within five lenses • Over 700m of south-plunging mineralisation identified to date • Mineralisation remains open • 11.5m @ 7.9% Zn (16TMDD001) • 13.7m @ 7.4% Zn (JH
Slide 13: Jaguar Exploration – Triumph Deposit
Jaguar Exploration Triumph Deposit For personal use only 1) True width of drill intersections reported 2) ASX release dated 16 February 2017: Jaguar Operation – Exploration Update 12
Slide 14: Jaguar Exploration – Triumph Deposit
Jaguar Exploration Triumph Deposit For personal use only • Completion of resource definition drilling on the Stag Lens • 40m centres • 200m along strike & 160m vertical extent • 180m depth from surface • Thickness 2 - 40m in width • Significant drill intersections include: • 23.3m @ 7.5% Zn (16TMDD0
Slide 15: Tropicana Exploration – Framework and Resource Extension Drilling
Tropicana Exploration Framework and Resource Extension Drilling For personal use only 160,000m of drilling completed as part of Long Island Study ~40,000m at Boston Shaker and Havana South still to be captured in resource model updates Significant results continued to be returned from Havana South a
Slide 16: Tropicana Exploration – Delivering Resource and Reserve Growth
Tropicana Exploration Delivering Resource and Reserve Growth For personal use only Mineral Resource Contained Gold (Moz) by Open Pit 30 June 2016 31 December 2016 8Moz of contained gold in Mineral MINERAL RESOURCE 0.79 0.51 0.88 Resource 1.22 0.76 1.91 2.38 500koz of gold added, net of depletion, 2.
Slide 17: Significant Drilling Results at Boston Shaker outside Resource
Tropicana Exploration Significant Drilling Results at Boston Shaker outside Resource For personal use only Boston Shaker deposit with significant drill results outside resource • Continuing to deliver exploration success at Havana South and Boston Shaker • Intersecting multiple zones of strong miner
Slide 18: Consolidation of Prospective Fraser Range
Nova Exploration (Fraser Range) Consolidation of Prospective Fraser Range For personal use only • IGO has the largest land-holding in the Fraser Range of any ASX listed company • Increased ground holding on prospective tenure by 370% 1) • Creation of belt-scale opportunity leveraged to Nova and Trop
Slide 19: Building knowledge from Mine Geology
Nova Exploration (Fraser Range) Building knowledge from Mine Geology For personal use only • Targeting Nova/ Bollinger equivalent scale of mineralisation as extensions to the Nova mafic intrusive • Significant work program ongoing, including • Stratigraphic re-logging • Re-processing and integration
Slide 20: Nova Exploration – Unlocking the Search Space
Nova Exploration (Fraser Range) Unlocking the Search Space For personal use only • Nova/ Bollinger potentially part of a larger magmatic sulphide complex • Complex geometry • Concordant and cross-cutting stratigraphy • Typically extend at depth • Eg. Norilsk, Tamarack, Eagle, Nkomati, Tati • Challen
Slide 21: Nova Exploration – Unlocking the Search Space (3D Seismic)
Nova Exploration (Fraser Range) Unlocking the Search Space For personal use only 3D Seismic • Commencing 2D seismic traverse across the Nova mining lease (9.2km) • Vibroseis vehicle and equipment on site • Aim to complete full 3D seismic survey by end of CY17 • Potential to detect Utilisation of geo
Slide 22: Lake Mackay Joint Venture – Greenfields Belt-scale Exploration
Lake Mackay Joint Venture Greenfields Belt-scale Exploration For personal use only • Partnered with ABM Resources NL • 400km northwest of Alice Springs • Secured over 200km of strike of Proterozoic margin between the Aileron and Warumpi Provinces • Continent-scale geophysical gravity ridge • Central
Slide 23: Lake Mackay JV – Grapple Prospect: Multi-element response
Lake Mackay Joint Venture Grapple Prospect: Multi-element response For personal use only Grapple Prospect • 11 hole RC program completed over the Grapple Prospect • Intersected mineralisation with significant results including • 9m @ 1.8g/t Au, 3.26% Cu, 49.1g/t Ag and 3.63% Zn (16GRRC003) • 6m @ 8.
Slide 24: Key Takeaways
Key Takeaways For personal use only Commitment to creation of value transformation through discovery Delivered through excellence with focus on people & culture, area selection and geophysics Innovation, technology and R&D are core enablers of discovery Developed an exciting portfolio of belt-scale
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