Liontown Limited · ASX:LTR

Liontown — Liontown Resources — Corporate Update (August 2012)

23 slides from Liontown's corporate update, Aug 6, 2012

  1. Slide 1: Investor Presentation and Exploration Update

    ASX : LTR ABN 39 118 1532 825 ASX ANNOUNCEMENT Investor Presentation and Exploration Update For personal use only Liontown Resources is pleased to release an updated presentation on the Company’s recent drilling program at Jubilee Reef in northern Tanzania. The presentation includes previously unrep

  2. Slide 2: Jubilee Reef JV - Northern Tanzania Investor Presentation

    For personal use only ASX : LTR Jubilee Reef JV - Northern Tanzania Investor Presentation August 2012

  3. Slide 3: Disclaimer

    Disclaimer For personal use only Disclaimer The material used in this presentation is intended to be a summary of operational and geological activities that are current and proposed, based on the information available to Liontown Resources Limited as at 3rd August 2012. This presentation may contain

  4. Slide 4: Overview

    Overview For personal use only  Emerging gold portfolio in world-class Lake Victoria Goldfield, Northern Tanzania  Excellent intersections from drilling at Jubilee Reef JV  Broad ore grade intersections = potential for large-scale gold system  Follow-up drilling planned  Tanzanian gold portfoli

  5. Slide 5: Corporate Snapshot

    Corporate Snapshot For personal use only ASX Code LTR Shares on Issue ~295 million Market Capitalisation ~$16 million (at 5.5cps) Tim Goyder (~28%) Major Shareholders Delta Resource Management (~10%) Top 50 Shareholders >80% 4

  6. Slide 6: Well-Credentialed Board and Management

    Well-Credentialed Board and Management For personal use only TIM GOYDER: Executive Chairman +30 years’ resource industry experience, Executive Chairman – Chalice Gold Mines and Director – Uranium Equities, Strike Energy DAVID RICHARDS: Managing Director +30 years’ experience in mineral exploration,

  7. Slide 7: Tanzania: A World-Class Exploration Opportunity

    Tanzania: A World-Class Exploration Opportunity  Right to earn 75% in Jubilee Reef JV, 850km NW of For personal use only Dar-es-Salaam, Tanzania:  Wide gold zones intersected in drilling:  62m @ 2.4g/t Au from 70m (Masabi Central)  50m @ 1.8g/t Au from 40m (Masabi Central)  74m @ 1.8g/t Au from

  8. Slide 8: Northern Tanzania: Lake Victoria Goldfield

    Northern Tanzania: Lake Victoria Goldfield Granite/greenstone terrain similar to Eastern Goldfields of Western Australia For personal use only  >50 Moz gold endowment  World-class (>10Moz) gold deposits  Established infrastructure  Underexplored  Jubilee Reef JV (~70km2)  Right to earn 75%  A

  9. Slide 9: Gold Targets

    Jubilee Reef JV: Gold Targets For personal use only Masabi Hill Up to 21m @ 4.7g/t Au and 27m @ 2.8g/t Au Panapendesa Up to 7m @ 5.6g/t Au and 8m @ 3.2 g/t Au 8

  10. Slide 10: Masabi Hill

    Jubilee Reef JV: Masabi Hill For personal use only  Granitoid-hosted gold (syenite-diorite complex)  Largely obscured by barren, thin (<30m) sediment cover  Multiple gold zones identified including  Discovery (Central) (up to 62m @ 2.4g/t Au)  Southern (up to 74m @ 1.8g/t Au)  Gold anomalism o

  11. Slide 11: Masabi Hill – Discovery Zone

    Jubilee Reef JV: Masabi Hill – Discovery Zone For personal use only  Significant widths of ore grade (1-20g/t Au) material  High grade intervals  Hosted by altered syenite  High angle N/S structure within within broad E/W envelope??  Assays pending for follow up RC and diamond core holes Masabi

  12. Slide 12: Masabi Hill – Southern Zone

    Jubilee Reef JV: Masabi Hill – Southern Zone For personal use only  Located near southern margin of intrusive body beneath barren transported cover  Hosted predominantly within diorite with minor syenite and mafic units  Need to resolve orientation of lode  Assays pending for diamond core hole M

  13. Slide 13: Masabi Hill – Eastern margin

    Jubilee Reef JV: Masabi Hill – Eastern margin  Extensive, high order gold anomalism intersected For personal use only beneath shallow cover  >500m east of better RC intersections  Strong gold anomalism extends to end of line  RC drilling completed – assays pending Eastern Zone 12

  14. Slide 14: Masabi Hill – Upside

    Jubilee Reef JV: Masabi Hill – Upside For personal use only  Multiple shallow intersections not yet followed up  Anomalous gold recorded over 600m by 200-300m area  Mineralised trends– open along strike and obscured by shallow cover  Majority of Masabi granitoid untested 13

  15. Slide 15: Panapendeza

    Jubilee Reef JV: Panapendeza For personal use only Drill hole plan showing better gold intersections (see Appendix 3 for summary of all drill results from Panapendesa) 14

  16. Slide 16: Panapendeza - Drill Section

    Jubilee Reef JV: Panapendeza - Drill Section For personal use only  Intersected on 4 traverses over >200m strike  Coincident with SW end of 900m long magnetic structure  Hosted by mixed sediment package  Open at depth and towards NE 15

  17. Slide 17: Other Projects

    Other Projects For personal use only Tanzania LTR Applications  Tanzoz JV – Immediate strike extension of Masabi Hill and Panapendesa gold trends  Eastern Applications – Wholly owned land Handeni 59m @ 4.3g/t Au 40m @ 3.6g/t Au positions located in high grade 32m @ 9.3g/t Au 37m @ 12.5g/t Au Mozam

  18. Slide 18: Summary: Why Invest in Liontown?

    Summary: Why Invest in Liontown? For personal use only  Exploring in a well established, highly prospective gold mining regions  Outstanding gold results intersected at Jubilee Reef JV: • Multiple zones of mineralisation defined • Further drilling planned  Exploration in Australia fully funded by

  19. Slide 19: For more information…

    For more information… For personal use only Contact: David Richards/Tim Goyder Telephone: (08) 9322 7431 Fax: (08) 9322 5800 Email: info@ltresources.com.au

  20. Slide 20: Appendix 1 - Masabi Hill/RC Drill Intersections

    Appendix 1- Masabi Hill/RC Drill Intersections Signifcant Intersections (>0.1g/t Au) Signifcant Intersections (>0.5g/t Au) Signifcant Intersections (>0.1g/t Au) Signifcant Intersections (>0.5g/t Au) HOLEID Easting Northing DEPTH HOLEID Easting Northing DEPTH From To Interval Grade From To Interval G

  21. Slide 21: Appendix 1 - Masabi Hill/RC Drill Intersections (cont.)

    Appendix 1- Masabi Hill/RC Drill Intersections(cont.) For personal use only Signifcant Intersections (>0.1g/t Au) Signifcant Intersections (>0.5g/t Au) HOLEID Easting Northing DEPTH From To Interval Grade From To Interval Grade 12 20 8 0.47 13 15 2 1.24 31 40 9 0.28 64 69 5 0.17 75 81 6 0.27 JBRRC06

  22. Slide 22: Appendix - Masabi Hill/Aircore Drill Intersections

    Appendix 2 - Masabi Hill/Aircore Drill Intersections Signifcant Intersections (>0.1g/t Au) Signifcant Intersections (>0.5g/t Au) For personal use only HOLEID Easting Northing DEPTH From To Interval Grade From To Interval Grade JLRB569 439113 9605904 11 4 8 4* 0.12 JLRB570 439113 9605924 32 12 16 4*

  23. Slide 23: Appendix 3 - Panapendesa Drill Intersections

    Appendix 3- Panapendesa Drill Intersections For personal use only Signifcant Intersections (>0.5g/t Au) Signifcant Intersections (>0.5g/t Au) HOLEID Easting Northing DEPTH HOLEID Easting Northing DEPTH From To Interval Grade From To Interval Grade 0 7 7 2.9 JLRB123 441265 9607844 45 <0.5g/t Au 9 10

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