Marquee Resources Ltd · ASX:MQR
Marquee Resources — Investor Presentation (October 2020)
22 slides from Marquee Resources's investor presentation, Oct 12, 2020
Slide 1: West Spargoville Gold & Nickel Project
WEST SPARGOVILLE GOLD & NICKEL PROJECT MARQUEE RESOURCES INVESTOR PRESENTATION ASX: MQR October 2020
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER • This presentation has been prepared by Marquee Resources (Marquee or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be compl
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT Shares On issue Last Share Price Undiluted Market cap Net Cash 103.61m1 $0.070 $7.25m ~ $1.7m (08 October 2020) 50m $0.08c June 2023 expiry Top 5 Shareholders % Shares Outstanding Kingslane Pty Ltd 7.84 % Jindabyne Capital Pty Ltd 5.31 % Syracuse Capital Pty Ltd 5.12 % Mr Mark Joh
Slide 4: Board of Directors
BOARD OF DIRECTORS Charles Thomas George Henderson Daniel Moore Dr James Warren Executive Chairman Non-Executive Director Non-Executive Director Chief Technical Officer Mr Charles Thomas is an Executive Director Mr Henderson is a corporate lawyer with Mr Moore has extensive experience in Dr James Warr
Slide 5: West Spargoville Project
WEST SPARGOVILLE PROJECT • MQR has entered into an exclusive Option Agreement with Fyfehill Pty Ltd to acquire Exploration Licence E15/1743, known as the West Spargoville Project. The West Spargoville Project is continuous over a ~20km strike extent covering an area of ~80km2. • Massively underexplo
Slide 6: Regional Architecture
REGIONAL ARCHITECTURE • Gravity data maps the deep structure of the crust and highlights the important fundamental architecture related to mineral systems at the belt scale. • The gravity data of the Spargoville District highlights NW-striking high- gravity domains (greenstone belts) truncated by NE
Slide 7: Project Geology
PROJECT GEOLOGY • The West Spargoville Project sits on the western limb of a regional syncline and displays the same rock types to those observed at Wattle Dam. • Within the Project, magnetics data highlights two NW-trending, high- magnetic zones, interpreted as doleritic and ultramafic units, separ
Slide 8: Historical Work
HISTORICAL WORK • An extensive surface geochemical database has been compiled and interpreted. • Multiple kilometre scale geochemical targets identified. • Very limited historical drilling; • 123 RAB holes, average depth 43m • 16 RC holes, average depth 78m • Identified geochemical anomalies either
Slide 9: The Opportunity
THE OPPORTUNITY • Four key target areas currently exist. • In order of priority, the targets are: 1. West Larkinville – 2.5 km long geochemical anomaly along strike from existing Larkinville resource (MXR: 11,600 Oz at 3.02g/t Au). 2. Harolds North – 4.4 km long geochemical anomaly, priority structu
Slide 10: 1. West Larkinville
1. WEST LARKINVILLE • Surface geochemical footprint extends north and south of current MXR resource. • First pass RAB drilling completed north of the deposit intersected low level gold anomalism (up to 0.2ppm). • SW-dipping mineralized structure • Historical RAB holes drilled towards the west, follo
Slide 11: 2. Harolds North
2. HAROLDS NORTH • Semi-continuous 1.5 km long surface geochemical anomaly defined by wide-spaced auger sampling. • Situated in a favourable structural setting at the intersection of the Harolds Find structure and a NE-trending cross-fault. • Shallow, wide-spaced RAB ineffective for targeting narrow
Slide 12: 3. Railway
3. RAILWAY • Semi-continuous 4.5 km long surface geochemical anomaly defined by wide-spaced, >200m line spacing, auger sampling. • Located within the Wattle Dam Low-Gravity Corridor with multiple, structurally controlled targets untested by drilling. • Infill auger sampling planned and budgeted for
Slide 13: 4. South Larkinville
4. SOUTH LARKINVILLE • 800m x 500m geochemical anomaly situated on the nose of an open fold and the intersection of late cross-faults. • Historical drilling consisted of shallow, wide spaced RAB holes. • Shallow, wide-spaced RAB ineffective for targeting narrow, high- grade, poddy gold targets. • An
Slide 14: In Summary
IN SUMMARY • Four key target areas currently exist and will be methodically tested by targeted drilling. 1. West Larkinville – Exploration strategy to test for along-strike and down-dip extensions of existing West Larkinville resource (MXR: 11,600 Oz at 3g/t Au). 2. Harolds North – Targeted RC drill
Slide 15: Forward Work Program
FORWARD WORK PROGRAM Month Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Phase 1: 4,000m RC – West Larkinville & Harolds North Assays Returned & Interpretation of Results Phase 2: 4,000m RC – Follow-up Phase 1 & Railway Assays Returned & Interpretadon of Results Infill Auger
Slide 16: Appendix: Other Projects
APPENDIX MARQUEE RESOURCES OTHER PROJECTS ASX:MQR October 2020
Slide 17: MQR Projects Overview
MQR PROJECTS OVERVIEW Clayton Valley Complementary project portfolio of high-grade assets (Nevada, USA 100%) • Clayton Valley Project (Lithium). • Close proximity to Albemarle owned Silver Peak lithium mine, producing since mid 1940s. Werner Lake (Ontario, Canada 30%) • One of the largest, high grad
Slide 18: Redlings REE Project
REDLINGS REE PROJECT • The Redlings Project ~ 147km (formally called the Jungle Well Project) is 100% owned by MQR and comprises exploration licences (E37/1311 and E 37/1376). • The Project is located approximately 40Km west of Leonora, and 77Km north of Menzies. Lynas Corporation’s Mt Weld Project
Slide 19: Werner Lake Cobalt Project
WERNER LAKE COBALT PROJECT • Tier 1 location for mining of cobalt in Ontario, Canada. • Indicated Mineral Resource of 79,400 tonnes at 0.43% Co. • Historical high-grade sections were assayed at up to 20% cobalt, intersected by both surface drilling and underground drifting and could represent signif
Slide 20: Werner Lake Project
WERNER LAKE PROJECT Table 1 Significant Diamond Drill Results – Werner Lake Drill Hole From (m) To (m) Intercept (m) Co (%) Cu (%) WL 18-01 35.75 39.55 3.8 1.39 WL 18-03 95.5 96.5 1 0.165 0.164 101 102.6 1.6 0.107 0.344 WL 18-04 118.1 119.2 1.1 0.043 0.146 WL 18-05 148.7 150.4 1.7 0.189 0.094 WL 18-
Slide 21: Clayton Valley Lithium Project
CLAYTON VALLEY LITHIUM PROJECT • ~12 square kilometres of claims endowed with both lithium-rich brines and clays. • The Lithium Brine Project is located the north-east side of south end of the Clayton Valley Basin and to the south of the only producing lithium mine in North America. • The location o
Slide 22: Thank You
THANK YOU FOR MORE INFORMATION, PLEASE CONTACT: Charles Thomas Office Address: Phone: +61 08 6380 2470 Executive Chairman 22 Townshend Road, Email: info@marqueeresources.com.au Email: info@marqueeresources.com.au Subiaco WA 6005 www.marqueeresources.com.au Australia WWW.MARQUEERESOURCES.COM.AU
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