Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Investor Presentation (2016)
17 slides from Lodestar Minerals's investor presentation, 2016
Slide 1: Actively advancing new prospects in a West Australian gold region
Actively advancing new prospects in a West Australian gold region 1
Slide 2: Important Notices
Important Notices This presentation has been prepared by Lodestar Minerals Limited (Lodestar). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Lodestar has no
Slide 3: Chasing The Next Major Gold Discovery
Chasing The Next Major Gold Discovery UPCOMING 10,000M ADVANCING MULTIPLE CONSIDER NEW AIRCORE DRILL EXISTING TARGETS AT OPPORTUNITIES TO PROGRAM TO DRIVE NED’S CREEK PROJECT GROW EXPLORATION NEWSFLOW & ON THE CAPRICORN FOOTPRINT AROUND GENERATE MULTIPLE TECTONIC MARGIN KEY TARGET AREAS RC DRILL TAR
Slide 4: Corporate Overview
Corporate Overview Board and Senior Management Capital Structure * ASX code LSR Shares on issue 386.22m Non-Executive Chairman, Ross Taylor Share price A$0.011 Chartered Accountant and finance professional with Market capitalisation A$4.2m extensive experience in global investment banking and Ca
Slide 5: Project Overview
Project Overview MULTIPLE TARGETS ON THE CAPRICORN TECTONIC MARGIN Ned’s Creek (537km2 – LSR 100%) Granted exploration leases in area of good infrastructure, 40km from 5Moz Plutonic mine. Multiple targets identified – ranging from undrilled greenfield targets to advancing earlier discoveries.
Slide 6: Fertile Gold Region Hosting >10Moz
Fertile Gold Region Hosting >10Moz Attractive Setting Fold belt >200km in length – a proven gold province. Orogenic gold, long-lived collision zone with multiple mineralising events (2650Ma to 920Ma). Presence of syenite has similarities to 1.0Moz Carosue Dam, 1.5Moz Jupiter and 8Moz Wallaby d
Slide 7: Ned's Creek Project Targets
Ned’s Creek Project Targets Contessa & Brumby Located on a major tectonic boundary (NW & ENE trending Archaean domains). Large System – extensive gold anomalies (>0.1g/t gold), including high-grade supergene hits, in drilling over 5km. Multiple hosts – large intrusives (granite, diorite) and m
Slide 8: Exploration Model
Exploration Model Dual Exploration Targets Syenite hosts low sulphide, pyrite associated gold – Brumby. Diorite hosts pyrite associated gold – Contessa. Well documented 170Moz Abitibi Belt analogues: Type 1 – syenite-hosted, lower grade, bulk tonnage deposits Type 2 – structurally controll
Slide 9: Ned's Creek – Multiple Targets
Ned’s Creek – Multiple Targets Limited Regional Work Bulk tonnage, lower grade, syenite-hosted “Type 1” targets: Internal syenite-hosted mineralisation at Brumby (partly tested). Demagnetised zone in granite (untested). Concealed intrusion between major ENE trending shear zones (untested).
Slide 10: Contessa – Emerging Discovery
Contessa – Emerging Discovery A Large Gold System Lodestar has completed two aircore drill programs and only 2,000m of RC drilling (9 holes) in a 5.8km2 prospective area High grade supergene drill intercepts in aircore drilling: 21m at 3.0g/t gold from 40m 10m at 1.2g/t gold from 50m 15m a
Slide 11: Brumby – Targets
Brumby – Targets Brumby granite margins – gold anomaly in auger Potential for more extensive mineralisation in geochemistry on western project boundary. central zone – 7m at 0.51g/t in first RC drill hole, Eastern zone 400m gold in lag and rock chip 37m of 99m hole returned >0.1g/t gold. anoma
Slide 12: Marymia – Exploration Targets
Marymia – Exploration Targets Historic Gold Mining Area Southern margin of 10Moz Plutonic Well greenstone belt. Marymia gold mine and proximal pits produced >1Moz of gold Multiple targets along strike from historic gold operations. No historic drilling due to fragmented ownership. Gold ass
Slide 13: Marymia – Staged Approach
Marymia – Staged Approach Building An Understanding First-pass aircore drilling (2015) targeted area where gold specimens were recovered. Shallow-dipping (layer parallel) mineralisation : 5m at 0.45g/t gold; 5m at 0.10g/t gold and maximum 0.9g/t gold and 0.54% Cu in 1m split samples. Drilling
Slide 14: West Pinyrinny – Exploration Target
West Pinyrinny – Exploration Target Geochemical Results Imminent Granite thrust over folded greenstone sequence. Historic RAB drilling by Resolute reported 10m at 0.34g/t gold1. Rock sampling by Homestake2 reported anomalous gold (up to 4g/t Au), arsenic and lead. Lodestar’s rock sampling co
Slide 15: Ned's Creek – Planned Work Program
Ned’s Creek – Planned Work Program Target Technique Samples/Metres Cost Timing Marymia structural targets Geochemistry 500 $26,000 Sept’16 West Pinnyriny Geochemistry 600 $30,000 Sept’16 Brumby – multiple targets AC Drilling 2500m $83,000 Nov’16 Contessa – multiple targets AC Drilling 6600m $200,000
Slide 16: Indicative Timeline of Activities
Indicative Timeline of Activities 2016 2017 July Aug Sep Oct Nov Dec Jan Feb March April Marymia – geochemistry West Pinyrinny – geochemistry Marymia - geochemistry results West Pinyrinny – geochemistry results Aircore Drilling – Contessa Targets Aircore Drilling – Brumby Targets Contessa Targets ai
Slide 17: Investment Summary
Investment Summary CONSISTENT NEWSFLOW FROM MULTIPLE GOLD TARGETS Short-term activities focused on existing high value targets at Ned’s Creek. Region displays similarity to the Wallaby and Jupiter gold deposits and the 170Moz Abitibi gold belt in Canada Multiple targets identified – ranging fr