Activex Limited · ASX:AIV
Activex — Copper Conference 2011
30 slides from Activex's conference presentation, Mar 21, 2011
Slide 1: Copper Conference Update
Copper Conference Update March 2011 For personal use only Managing Director ActivEX Limited Doug Young Active explorers for new gold-copper resources …. moving towards development Mar2011 1
Slide 2: Highlights for 2010
Highlights for 2010 For personal use only z Copper-gold-cobalt discoveries Cloncurry district o Potential Company making discoveries o Three areas potential for open pit operations o Secured significant ground holding of 163km2 in Cloncurry district o Immediate neighbours moving to production in 201
Slide 3: AIV Projects
AIV Projects For personal use only Mar 2011 3
Slide 4: Cloncurry Projects – Copper Gold
Cloncurry Projects – Copper Gold z Long history of discovery o Ernest Henry, Cannington, Century, Starra, Mt Dore, Osborne For personal use only o Mt Elliott, Rocklands, Kalman, Merlin, Barnes Shaft z Prospective for: o Iron Oxide Copper Gold (IOCG) Deposits o Merlin style – molybdenum-rhenium Mar20
Slide 5: Cloncurry District
Cloncurry District For personal use only Ernest Rocklands Cloncurry Henry Mt Isa Mary Kathleen Greenmount Eloise Kalman Florence Barnes Shaft/Lanhams Shaft/Lanhams Young Aust Saddle Ridge Mt Elliott/Swan Tick Hill Mt Dore/Merlin Starra Phosphate Hill Cannington AIV 100% AIV Joint Venture AIV Priorit
Slide 6: Florence Project
Florence Project For personal use only z Wimberu Granite Black Beauty o 1500Ma age o Fertile source of minerals Malbon z Magnetics o Alteration on NE contact o Significant fluid flow on NE structures Florence Creek z Multiple holdings, 163 km2 o Florence o Malbon o Black Beauty o Mt Agate JV Mt Agat
Slide 7: Florence SAM data
Florence SAM data For personal use only z SAM conductivity data o NE trending structures confirmed o Broad conductive zones under cover z Drilling – July-November 2010 o Scout holes discover mineralisation o Significant intersections on four of five conductive structures o Follow up drilling confirm
Slide 8: Florence SAM data
Florence SAM data For personal use only Florence Bore North Dandy North Florence Bore South Granite contact Dandy South Lobster Mar 2011 8
Slide 9: Florence Bore North
Florence Bore North AFC002 For personal use only 34m @ 0.19% Cu AFC001 52m @ 0.72% Cu incl 32m @ 1.09% Cu AFC015 22m @ 1.03% Cu AFC017 48m @ 0.36% Cu SAM conductivity 3D model – Florence Bore North Mar 2011 9
Slide 10: Florence Bore North
Florence Bore North For personal use only 34m @ 0.19% Cu 22m @ 1.03% Cu AFC001 52m @ 0.72% Cu incl 32m @ 1.09% Cu 48m @ 0.36% Cu SAM conductivity 3D model – Florence Bore North Mar 2011 10
Slide 11: Florence Bore South
Florence Bore South For personal use only AFC024 86m @ 0.39% Cu AFC012 38m @ 0.44% Cu AFC025 15m @ 0.21% Cu AFC018 17m @ 0.66% Cu Mar 2011 SAM conductivity 3D model – Florence Bore South 11
Slide 12: Florence Bore South
Florence Bore South For personal use only 86m @ 0.39% Cu 15m @ 0.21% Cu 38m @ 0.44% Cu 17m @ 0.66% Cu incl 6m @ 1.08% Cu Mar 2011 12
Slide 13: Florence Proposed Drill Program
Florence Proposed Drill Program For personal use only z Drilling for oxide resources o Detailed drilling at Florence Bore North and South z Deep drilling, primary targets o Deep holes to intersect primary zone at Florence Bore z Scout drilling o Scout holes to find mineralisation, testing recently d
Slide 14: Florence Exploration Targets
Florence Exploration Targets* z Drilling for oxide resources For personal use only o Three mineralised bodies have been defined (table) - collectively represent an estimated Exploration Target* ranging between o 14,980 - 117,000 tonnes of contained copper and o 193 - 1956 tonnes of contained cobalt
Slide 15: Mt Agate Project
Mt Agate Project For personal use only z Mt Agate JV o up to 75% interest by spending $750k z Geochem anomaly o +5km long o values up to 1250ppm Cu z 2010 drilling – Saddle Ridge o 40m @ 0.25% copper o 35m @ 0.85% copper z Sterling prospect o Haematite breccias o Cu, Mo, Au, U, REO anomalies Mar 201
Slide 16: Mt Agate – Saddle Ridge
Mt Agate – Saddle Ridge For personal use only AMA001 35m @ 0.85% Cu 207ppm Co MA002 40m @ 0.32% Cu 195ppm Co AMA002 Mar 2011 40m @ 0.25% Cu 96ppm Co 16
Slide 17: Mt Agate – Sterling
Mt Agate – Sterling For personal use only z Multiple breccia zone – 4500 X 500m Mar 2011 o anomalous in Cu, Mo, Au, U, REO 17
Slide 18: Mt Agate – Sterling
Mt Agate – Sterling For personal use only z SAM survey planned Mar 2011 18
Slide 19: Selwyn East Project
Selwyn East Project For personal use only z Southeast of Florence z Radiometrics shows clear EPMA 18073 structures z Structures related to Merlin-Mt Dore trend Radiometric Target Merlin East z EPM pending Mar 2011 19
Slide 20: Selwyn East Project
Selwyn East Project For personal use only EPMa18073 Mt Elliott Mt Dore Granite Merlin Decline Starra Pits Mar 2011 20
Slide 21: Lake Chandler Potash
For personal use only Lake Chandler Potash WA z Mining Lease 100% owned z Central wheatbelt WA z Alunitic clays o Hydrated potassium sulphate z Inferred JORC Resource o 20 – 30 year mine life o 5M tonnes @ 5.7% K2O* z Rip and strip mining operation Mar 2011 21 *Reference to resource information – AI
Slide 22: Lake Chandler Potash
Lake Chandler Potash For personal use only z Second stage scoping study – aimed to o improve costings - reagent costs, good quality second hand plant o simplify process – cut material handling, washing/drying Mar 2011 22
Slide 23: Barambah Project SEQ
Barambah Project SEQ For personal use only Drilling Target z Cracow style high grade gold-silver o 1m @ 14.7g/t Au, 385g/t Ag o 1m @ 30g/t Au, 144g/t Ag o 2m @ 15.9g/t Au, 1556g/t Ag z Possible open cut or shallow underground z Drilling 2011 Mar 2011 23
Slide 24: Barambah Project 3D model
Barambah Project 3D model For personal use only Drilling Target Mar 2011 24
Slide 25: Barambah Exploration Target
Barambah Exploration Target* For personal use only z Barambah Exploration Target* – contained metal ranges from o 11,600 ounces of gold and 58,000 ounces of silver to o 148,000 ounces of gold and 556,000 ounces of silver Deposit Tonnage Range Grade Range Gold g/t Silver g/t Barambah 60,000 – 115,000
Slide 26: Project Status
Project Status For personal use only z Development ? z Scoping/Pre-feasibility Lake Chandler studies z Drilling/Resources Florence, Mt Agate, Barambah z Geophysical surveys/target Booubyjan, Pentland, definition, scout drilling Prospect Creek, Blairmore z Prospects identified/field Ban Ban, Oxley Cr
Slide 27: Project Priorities
Project Priorities For personal use only Project Resource Priority Florence Copper gold Drilling for resources Deep drilling for primary zone Scout drilling new anomalies SAM surveys, Sterling Geochemical infill, Saddle Ridge Selwyn East Copper gold molybdenum Tenement grant imminent Initial inspect
Slide 28: Capital Structure
Capital Structure z Issued Capital: 104,535,268 For personal use only z Unlisted Options: 2,450,000 z Market Cap: (3-2011) $6.5M z Key Holders o M Ruane (&Associates) 18.3% o MD 9.3% z Cash $0.5M One year Price/volume Graph Mar 2011 28
Slide 29: Key Management and Board
Key Management and Board z Ian Daymond - Chairman For personal use only Commercial Lawyer, experience with WMC, Hunter Resources, Delta Gold as general counsel, NED Hill End Gold Limited, Honorary Consul for Botswana in NSW z Doug Young - Managing Director Geologist, 30 years experience with North,
Slide 30: Why Invest in AIV
For personal use only Why Invest in AIV z Resource drilling Florence project – Cloncurry district z Exciting IOCG copper gold targets in Cloncurry - drill ready first half 2011 z Potash near term development potential – Lake Chandler WA z High grade gold silver target – resource drilling in planning