Peako Ltd · ASX:PKO
Peako — Investor Presentation (June 2019)
17 slides from Peako's investor presentation, Jun 28, 2019
Slide 1: East Kimberley Copper Exploration
ASX: PKO East Kimberley Copper Exploration Investor Presentation - June 2019
Slide 2: East Kimberley VHMS Copper Strategy
East Kimberley VHMS Copper Strategy § Peako has developed a strategic land position in the emerging East Kimberley volcanic hosted massive sulphide copper province § Looming copper supply gap § High grade / low capex copper projects will be the first to be brought forward to production; thus VHMS pr
Slide 3: Near-term copper supply gap
Near-term copper supply gap Increasing global copper intensity Copper supply/demand outlook1 5.8 Mt p.a. of new § 75% of copper is used in mine production the generation, transfer & required by 2028 utilization of electrification2 § Copper demand driven by accelerating electrification § Proportion o
Slide 4: High grades + low capex offer first to production advantage
High grades + low capex offer first to production advantage Copper deposit attributes Typical VHMS 2.5% deposit attributes Porphry 2.0% VHMS § High grades VHMS Copper grade (median) IOCG § Low development 1.5% Sed-hosted capex 1.0% Median § Typically occur in tonnage clusters 0.5% § Additional value
Slide 5: VHMS value creation: A case study
VHMS value creation: A case study Commenced DeGrussa Cu-Au Mine 10 $103M raise $360M mining Sandfire Resources 9 debt facility 8 7 SFR Share price $ 6 Commissioned $50M raise processing plant 5 Development 4 $11.6M raise approval 3 Discovery Phase 1 JORC 2 1 Discovery – production: 33 months § Low C
Slide 6: VHMS value creation: A second case study
VHMS value creation: A second case study Rupice & Veovaca Zn-Pb-Cu-Au system Adriatic Metals § No significant exploration since 1980s § Numerous anomalies detected by high- powered IP surveys § 400% capital growth in 12 months from listing § 2017 drilling (8 holes for 1,458m) defined high § Drilling
Slide 7: Australian Proterozoic Provinces
Australian Proterozoic Provinces East Kimberley a de-risked, fertile and underexplored copper province McArthur Basin Halls Creek Orogeny Hosting McAthur Peako Tenements. Zn/Ag sediment Immature exploration hosted Mine terrane. Known VHMS Mature exploration occurrences. terrane Mount Isa Inlier Host
Slide 8: VHMS: Volcanic Hosted Massive Sulphides
VHMS: Volcanic Hosted Massive Sulphides VHMS Mineralisation Model 7 Source: www.911metallurgy.com
Slide 9: East Kimberley Tenement Package
East Kimberley Tenement Package § Large belt scale tenement holding ~1,260km1 over the Halls Creek Mobile Zone § Under explored base and precious metals province § Significant geological datasets compiled from previous explorers § Effectiveness of historical exploration curtailed by lack of geophysi
Slide 10: East Kimberley Copper Project
East Kimberley Copper Project § Proven VHMS Morgans Grave Lilyhole North deposit style Rock chip assay 4m @ 3.65% Cu & Percussion drillhole PDH20 1.5m @ 2.3% Cu, 1.5% Zn, 16g/t Ag § Ineffective 3.3% Pb & 4g/t Au historical exploration Landrigan VHMS East Cream Puff RAB drilling EYP7 Trackside target
Slide 11: Eastman VHMS targets
Eastman VHMS targets A Eastman Mineralisation DDH05 drilled to south away All historic drilling from anomaly targeted outcropping Untested mineralisation or surface blind geochemical anomalies geophysical Open targets2 12m @ 3.2% Cu, 5.7% Zn, 1.86% Pb, 26.5 g/t Ag & 0.41g/t Au1 B Eastman GAIP survey
Slide 12: Landrigan VHMS prospect
Landrigan VHMS prospect Interpreted fault zone A B B Potential New target north offset by dipping interpreted sulphide structure2 sources Landrigan DDIP cross-section chargeability anomaly zone DDIP chargeability inversion model cross section anomaly zone (see inset) Open GAIP chargeability Open ano
Slide 13: Broadhurst Tenement, Paterson Province
Broadhurst Tenement1, Paterson Province Sediment-hosted copper exploration § Prospective for Cu-Co and Pb-Zn mineralisation occurring within the Broadhurst Formation shales and carbonate interbeds. § Nifty, Maroochydore and Warrabarty base metal deposits hosted by the Broadhurst Formation elsewhere
Slide 14: Focussed Exploration Program
Focussed Exploration Program 2H 2019 1H 2020 Eastman & Landrigan Prospects Drilling 1,800m Down-hole geophysics POW approved Supported by $150,000 EIS grant VHMS Exploration Pipeline Sampling & fieldwork Target Ranking Geophysics Drilling Broadhurst Tenement Data compilation 13
Slide 15: Corporate Overview
Corporate Overview TICKER SHARES ON ISSUE UNLISTED OPTIONS MARKET CAP ASX:PKO 73 million 6 million $1.4 million (option breakdown below) (undiluted at A$0.02) Team Shareholder Breakdown Geoff Albers Chairman Darryl Clark Technical Director Other Rae Clark Director shareholders Directors Rob Wright C
Slide 16: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement Disclaimer: This presentation has been prepared by Peako Limited (“Peako”). The information contained in this presentation is a professional opinion only and is given in good faith. Any forward-looking statements included in this document involve subjective ju
Slide 17: Appendix: Selected Mineral Prospects from work completed by previous explorers
Appendix 1 Selected Mineral Prospects from work completed by previous explorers Prospect Reference Eastman Yard DMIRS Minedex database S0027126 Trackside DMIRS Minedex database S0024081 East Cream Puff EYP07, The Broken Hill Proprietary Co. Ltd Report on Exploration at Eastman Yard Kimberley Region