Igo Limited · ASX:IGO
Igo — Independence Group NL — RIU Explorers Conference 2018
21 slides from Igo's conference presentation, Feb 21, 2018
Slide 1: RIU Explorers Conference 2018
INDEPENDENCE GROUP NL For personal use only RIU Explorers Conference 2018 Ian Sandl - General Manager, Exploration 21 February 2018 Unlocking the Potential
Slide 2: Cautionary statements & disclaimer
Cautionary statements & disclaimer For personal use only • 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 in IGO or as an inducement to make an offer or invit
Slide 3: IGO – A Company With Purpose
IGO – A Company With Purpose To create long-term shareholder value 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 mining projects di
Slide 4: IGO Mining Operations Overview
IGO Mining Operations Overview Diversified portfolio of nickel, copper, cobalt, zinc, silver and gold production For personal use only A$48M JAG TROP A$91M FY18E EBITDA Split(1) FY18E EBITDA Split(1) A$22M A$179M L NOVA FY18E EBITDA Split(1) FY18E EBITDA Split(1) 4 1) Euroz Research dated 31 Jan 201
Slide 5: Discovery Focus: Brownfields and Greenfields
Discovery Focus: Brownfields and Greenfields Balanced project portfolio of brownfields and greenfields terranes For personal use only Fraser Range (& Nova) Ni-Cu • 420km strike extent • 14,300km2 Tropicana Au belt • 160km strike extent • 3,660km2 Lake Mackay Cu-Au project • 240km in strike extent •
Slide 6: Committed to Exploration Delivery
Committed to Exploration Delivery A$50M exploration budget in FY18 For personal use only Our People & Culture FY18 Exploration Budget • It is the team that makes discoveries • Expertise balanced with execution capacity • Value focused culture Fraser Range • Right people in the right place at the rig
Slide 7: Our People - Exploration
Our People - Exploration Assembling a high-powered team …and investing in youth For personal use only Ian Sandl Steve Beresford (PhD) Paul Polito (PhD) Andrew Fitzpatrick (PhD) GM Exploration Chief Geoscientist Manager – Albany Fraser Chief Geophysicist IGO - 6 months IGO - 14 months IGO - 13 months
Slide 8: Technology, Innovation and R&D
Technology, Innovation and R&D A core enabler for discovery For personal use only • Integrating technologies, innovation and R&D into our work streams IGO is focused on technology, innovation and R&D as a core enabler for discovery • Across all scales from microscopic to continental scale • Embedded
Slide 9: Fraser Range, Albany-Fraser Belt
Fraser Range, Albany-Fraser Belt Creation of belt scale opportunity by consolidation of 14,300km2 For personal use only September 2015 February 2018 >330% tenure increase • Largest holder in Fraser Range • Leveraged to Nova and Tropicana infrastructure 9
Slide 10: Why Explore in the Albany Fraser Belt?
Why Explore in the Albany Fraser Belt? There are few belts with as much upside For personal use only • Magmatic Ni-Cu deposits often cluster Albany Fraser Belt (0.3Mt Ni metal) Thompson Belt (2.7Mt Ni metal)(1) along entire belts • Newmont, INCO and Sirius were all drawn to the Fraser Range as a Tho
Slide 11: Why Explore the Albany Fraser?
Why Explore the Albany Fraser? “Where there’s smoke there’s fire” For personal use only • The presence of Ni-Cu sulphides in mafic-ultramafic rocks is the best indicator that massive Ni-Cu sulphide ore deposits likely occur within the belt • Magmatic Ni-Cu sulphides in numerous mafic & ultramafic in
Slide 12: Fraser Range Regional Exploration
Fraser Range Regional Exploration Integrated geoscience and applying Nova learnings For personal use only Multi-disciplinary integrated exploration methodology • Bedrock geochemistry & geology: >88,000m of aircore drilling completed to-date • Spectrem airborne EM surveys: >20,000 line-km to-date • M
Slide 13: Nova Mining Lease Exploration
Nova Mining Lease Exploration Near mine exploration space is wide open For personal use only Strategies for brownfields success • Multi-year commitment • Strong, consistent budget • High-quality technical team • Apply best technologies/methods ─ 3D seismic (now underway) ─ AMT (Audio Magnetotelluric
Slide 14: Nova Mine Lease Exploration: Phoenix Prospect
Nova Mine Lease Exploration Phoenix Prospect For personal use only Phoenix • Pipe-like mafic Intrusion with disseminated and blebby 3-phase sulphides ─ Textural and geochemical affinity to Nova lithologies ─ 400m west of Nova, plunging north, open down plunge • Testing deeper northern extensions fro
Slide 15: Lake Mackay Exploration
Lake Mackay Exploration Belt scale greenfields project For personal use only Unexplored outcropping prospective Proterozoic belt Unlocked via Central Land Council access agreement • 12 additional exploration licences granted for 8,058km2 6 new EL applications also added, bringing total area under gr
Slide 16: Lake Mackay Exploration: Regional soil program
Lake Mackay Exploration Regional soil program For personal use only • Large gold & base metal anomalies detected north of Grapple • Another >1000km2 of Proterozoic geology to be soil sampled for the first time this year Grapple • Trial airborne EM lines over known mineralization just completed • Ext
Slide 17: Tropicana Upside
Tropicana Upside Evaluating underground and regional opportunities For personal use only Boston Shaker Underground Drilling(1) Regional Exploration(2) Mineralisation Corridor 30 Km 20 Km Angel Eyes 10 Km TGM Crouching Tiger West Hidden Dragon New targets Beetlejuice New drilling Madras New Zebra N 1
Slide 18: Jaguar Upside
Jaguar Upside(1) Ore extensions at Bentley and emerging deposit at Triumph For personal use only Bentley Mine Triumph Deposit Stag Lens2 1.2Mt @ 6.2% Zn, 0.4% 800S DHEM Cu, 85g/t Ag, 0.3g/t Au conductor ‘Jaguar’ position 1) For further information see ASX release 26 Jul 2017 – Jaguar Value Enhanceme
Slide 19: Long Upside
Long Upside New conductors identified north of Long mine For personal use only • Gravity image shows conductors lie Long Mine within the greenstone AOI defined by gravity high • Conductors occur close to the interpreted position of Boulder Lefroy Fault zone • Northeast-trending cross faults appear t
Slide 20: Concluding Comments
Concluding Comments For personal use only • Commitment to creation of value transformation through discovery • Delivered through excellence, with a focus on people, strategic land positions and routinely generating & testing quality targets • Innovation, technology and R&D are core enablers of disco
Slide 21: For personal use only
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