Ordell Minerals Ltd · ASX:ORD
Ordell Minerals — Shareholder Meeting (November 2024)
18 slides from Ordell Minerals's shareholder meeting presentation, Nov 26, 2024
Slide 1: Annual General Meeting 2024
ASX: ORD Annual General Meeting 2024 26 November 2024 Mt Magnet Gold Project Barimaia Gold Project Looking North-West Building shareholder value through gold exploration and discovery
Slide 2: Disclaimer
Disclaimer These presentation materials and the accompanying verbal presentation, if applicable, (together, the Presentation use of or reliance on information contained in this document including representations or warranties or in relation to the Materials) have been prepared by Ordell Minerals Lim
Slide 3: A New High-Growth Gold Explorer
A New High-Growth Gold Explorer Ordell Minerals is highly leveraged to exploration success as it works to establish a significant gold inventory in the Murchison District of WA…. Ramelius’ Ramelius’Mt MtMagnet MagnetGold GoldProject Project Barimaia Project Barimaia Project Listed on ASX July ’24 –
Slide 4: Investment Summary
Investment Summary BARIMAIA PROJECT • Advanced gold exploration asset with significant drilling results and 1 excellent resource potential • Initial 5,200m of RC drilling completed GOODIA PROJECT 2 • Early-stage gold and lithium exploration in a strategic location • 10km to the west of Pantoro’s Nor
Slide 5: Corporate Overview – Tight Structure
Corporate Overview – Tight Structure Corporate Structure Capital Structure Ordell Minerals at a Glance Price $0.31 • Highly experienced Board & Management including ex- Shares on Issue 50.1m Genesis Minerals Managing Director Michael Fowler Options and Performance Rights on Issue 20.5m • Barimaia Go
Slide 6: Board & Management
Board & Management TOMMY MCKEITH MICHAEL FOWLER DARREN GORDON GEOFF JAMES Non-Executive Chair Managing Director Non-Executive Director Company Secretary • +30 years’ experience in • +30 years’ experience in • Chartered Accountant • Experienced resources the mining industry, highly the mining industr
Slide 7: Barimaia Gold Project – Key Highlights
Barimaia Gold Project – Key Highlights • Strategic location in the Murchison Gold District of WA • Advanced gold exploration asset located near hungry mills • Extensive gold system defined, with significant results highlighting shallow, open pit potential • Located just 6 kilometres from one of WA’s
Slide 8: Find Another Eridanus
Find Another Eridanus • Gold system hosted within felsic intrusion (granodiorite) Ramelius’ Mt Magnet Project • Similar geology to Ramelius’ 1.2Moz Eridanus deposit Eridanus Deposit1 - 21Mt @ 1.7g/t Au (1.2Moz), plus an additional +300,000oz mined from open pit • East-west orientation of stratigra
Slide 9: Taking Shape – 2024 Drilling Results
Taking Shape – 2024 Drilling Results • “Find an Eridanus” by systematically drilling over 2.5km of strike – taking shape • Shallow RC drilling has returned high-grade gold including: 29m @ 2.52g/t Au from 81m Inc.1m @ 47.5g/t Au 4m @ 9.62g/t Au from 59m Inc. 1m @ 32.7g/t Au 21m @ 1.60g/t Au fr
Slide 10: McNabs East 585,550E
McNabs East 585,550E • Robust zone of gold mineralisation defined on 585,550E • 80m wide on the section hosted within a granodiorite Mineralisation is associated with a zone that is variably foliated and altered with disseminated pyrite and minor quartz veining • McNabs East geology is analogous t
Slide 11: McNabs East 585,640E
McNabs East 585,640E • High-grade gold intersected on 585,640E 29m @ 2.52g/t Au from 81m Inc.1m @ 47.5g/t Au Visible gold panned from 100m to 110m (EOH) • Hosted within granodiorite intrusion Mineralisation is associated with a zone that is variably foliated and altered with disseminated pyrit
Slide 12: McNabs East 586,300E
McNabs East 586,300E • Two separate high-grade gold zones on eastern limits of McNabs East 4m @ 9.62g/t Au from 59m including 1m @ 32.7g/t Au 5m @ 4.61g/t Au from 61m including 1m @ 19.6g/t Au • Hosted within foliated felsic rock (granodiorite) • Silica-sericite altered with disseminated pyrite
Slide 13: Barimaia – Looking West to Eridanus
Barimaia – Looking West to Eridanus Eridanus McNabs Barimaia Project McNabs East 13
Slide 14: Barimaia – Right Next Door To MMGP
Barimaia – Right Next Door To MMGP (RMS) Checkers Processing Plant Mt Magnet Barimaia Project McNabs East 14
Slide 15: Plenty of Upside – 2025 Exploration
Plenty of Upside – 2025 Exploration • Aircore (AC) drilling along strike to the north, east and west • Targeting extensions to the coherent AC-defined gold anomaly associated with Ramelius Untested The Furnace the Barimaia felsic Untested intrusion McNabs East • Over 5km of strike to test Untested i
Slide 16: News Flow and Value Drivers
News Flow and Value Drivers Exploration at Barimaia over the next six months to include: • Commenced diamond drilling to confirm the orientation and geometry of the mineralisation and controlling structures at McNabs East • In-fill and extensional RC drilling, with the program to be planned followin
Slide 17: Key Takeaways
Key Takeaways • Targeting gold as a priority OUR PURPOSE To build a Strategic Metals business • Near-term focus on Barimaia Gold Project through sustained exploration success that will create long term value for our 2.5km of strike tested in 2024 shareholders, the communities we Significant dril
Slide 18: Appendix 1: Detailed Project Data
Appendix 1: Detailed Project Data Table 1: Mineral Resources of Gold Deposits in the Murchison District. Mineral Resources Measured and Indicated Inferred Total Deposit Au Ounces Au Ounces Au Ounces Tonnes (Mt) Grade (g/t Au) Tonnes (Mt) Grade (g/t/ Au) Tonnes (Mt) Grade (g/t Au) (Moz) (Moz) (Moz) M
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