Synertec Corporation Limited · ASX:SOP
Synertec — Shareholder Meeting (November 2013)
38 slides from Synertec's shareholder meeting presentation, Nov 27, 2013
Slide 1: Annual General Meeting Exploration Update
For personal use only Annual General Meeting Exploration Update November 27th 2013
Slide 2: Exploration Objectives
Exploration Objectives For personal use only To locate sufficient gold resources to support a new mine development. To operate mines with minimal environmental impact. To enhance returns to shareholders To rehabilitate the site after mining for a sustainable future.
Slide 3: Exploration Strategy
Exploration Strategy For personal use only Glen Wills Project Regional Exploration Merrimac Creek Maude Gold Mine Granite Flat Sunnyside Banimboola Centre Country Omeo Shear Zone Forsyth Comstock Mountain Maid Dry Gully
Slide 4: Tenement Strategy – 2013
Tenement Strategy – 2013. For personal use only During 2013 SML Corp continued to rationalise its land holdings with reductions on a number of existing exploration Licences and dropping of EL4818. 765km2 - 2011 706km2 - 2012 608km2 - 2013
Slide 5: Tenement Holdings and Prospect Location, Victoria
5,960,000mN EL5300 For personal use only Granite EL4744 Flat 5,940,000mN Merrimac Creek EL4744 EL3916 EL4744 EL3916 EL4717 Sunnyside 5,920,000mN MIN4921 Glen Wills Dry Gully 5,900,000mN Forsyth Mountain Maid Comstock 520,000mE 540,000mE 560,000mE 580,000mE 600,000mE EL4717 5,860,000mN GDA94 Zone 55
Slide 6: Glen Wills Gold Project History
Glen Wills Gold Project History For personal use only Synergy Metals Ltd purchases Australian Gold Mines NL – Oct ‘03. First Mineral Resource – 39,600 oz Au - Sept ‘05 Second Mineral Resource – 103,000 oz Au - Oct ‘09 Third Mineral Resource – 166,750 oz Au / 143,350 oz Ag – Jun ’12 Fourth
Slide 7: Glen Wills Gold Project
Glen Wills Gold Project For personal use only MIN4921 • 47km2 Exploration Licence -EL3916 OMEO •2.4km2 granted Mining Lease – MIN4921
Slide 8: Sunnyside and Glen Wills Goldfields Historic Production
Sunnyside Goldfield GDA94 Zone 55 Glen Wills Goldfield Historic Production Mt Wills For personal use only 82,400 oz Au Mt Wills Historic Production 133,300 oz Au 800 L JORC 2012 Total Historic Production - 215,500 ounces Gold 66,100 oz Au JORC 2012 JORCCentre MineralCountry Prospect Resource (June -
Slide 9: Resource at Sunnyside and Glen Wills
Trace of Glen Wills Mt Wills For personal use only Mineralised Surface Sunnyside Centre Orebodies Country Glen Wills Orebody Resource at Sunnyside 215Kt @ 9.5g/t Au – 66,100oz Resource at Glen Wills 494Kt @ 6.4g/t Au – 101,900oz
Slide 10: Glen Wills and Sunnyside Goldfields Endowment
Glen Wills Goldfield For personal use only Historic Production - 133,300 oz Au Mt Wills JORC Resource – 101,900 oz Au Present Endowment – 235,200 oz Au Sunnyside Goldfield LEGEND Historic Production - 82,400 oz Au <1.00g/t Au JORC Resource – 66,100 oz Au 1.00 – 5.00 g/t Au Present Endowment – 148,50
Slide 11: Exploration Potential - 486,000 oz Au
LEGEND Exploration Potential 294 - 486,000 oz Au* For personal use only <1.00g/t Au Mt Wills 10 – 16 g/t Au 1.00 – 5.00 g/t Au >5.00 g/t Au Historic Levels Historic Workings SUNNYSIDE CENTRE SOUTH COUNTRY YELLOW GIRL Mineralisation not closed off at depth and along strike Current combined endowment
Slide 12: 2013 Glen Wills
2013 Glen Wills For personal use only Remodeling of mineralisation indicates potential for additional resources with area of historic development. Work Plan Submitted to allow for Additional Drilling to north and south around Yellow Girl Mine.
Slide 13: Glen Wills
LEGEND Glen Wills <1.00g/t Au GDA94 Zone 55 For personal use only 1.00 – 5.00 g/t Au >5.00 g/t Au Historic Levels 1000 Historic Workings 900 L
Slide 14: 2013 Sunnyside
2013 Sunnyside For personal use only Work Plan Submitted to allow for Additional Drilling to south and below Democrat Mine
Slide 15: Sunnyside Goldfield
Sunnyside Goldfield For personal use only Golden Fleece GDA94 Zone 55 Three Stars Workings Workings United Brothers Workings LEGEND <1.00g/t Au 1.00 – 5.00 g/t Au >5.00 g/t Au Historic Levels Historic Workings
Slide 16: 2013 Centre Country
2013 Centre Country For personal use only Vegetation Off-set achieved. Field transits located additional lines of historic workings. Drilling commenced October, 2 holes completed to date
Slide 17: 2013 Centre Country
2013 Centre Country Southern For personal use only Limit of drilling EL3916 MIN4921 EL3916 CENTRE COUNTRY PAD#2
Slide 18: EL3916 – Mt Wills
EL3916 – Mt Wills For personal use only Renewed to 13 May 2014 – 47 sq km Investigations into Prospects: Annaconda Pender’s Flat. Merrimac Prospect Soil and stream sediment anomalies Drilling program approved
Slide 19: EL4744 – Granite Flat
EL4744 – Granite Flat For personal use only Granted to 2014 – 100 sq km Granite Flat Prospect Previous drilling Gold + copper potential Untested anomalies
Slide 20: Granite Flat
For personal use only Granite Flat
Slide 21: Granite Flat Mineralisation
Granite Flat Mineralisation For personal use only Hosted by multi-phase intrusions Structural control Multiple lines of narrow veins & shears Pyrite + copper sulphides, minor galena, sphalerite & arsenopyrite
Slide 22: Granite Flat
Granite Flat For personal use only Work Plan for Drilling of 3 holes Approved by DPI. Re-processing of geophysics data has outlined structural targets for follow-up review and possible drill testing.
Slide 23: Granite Flat - Magnetics
Granite Flat - Magnetics For personal use only
Slide 24: EL5300 - Banimboola
EL5300 - Banimboola For personal use only Granted April 2016 – 39 sq km Land reduction of 13 sq km during year Nthn extension of Banimboola pluton Cu-Au-Mo anomalies
Slide 25: 2013 - Program
2013 - Program For personal use only Stream sediment geochemical survey completed Several anomalous Cu-Au-Mo areas delineated. Follow-up Stream sediment infill program
Slide 26: EL4717 - Omeo
EL4717 - Omeo For personal use only Granted to 2014 – 420 sq km Omeo / Ensay Shear Zone Historical gold and silver workings within shear zones High-grade drilling targets Several groups of workings Forsyth’s Comstock Mountain Maid – Helvetia Dry Gully
Slide 27: EL4717 - Omeo
EL4717 - Omeo For personal use only Dry Gully Mountain Maid Forsyth Comstock GDA94 Zone 55
Slide 28: EL4717 - Omeo
EL4717 - Omeo For personal use only High grade mineralisation En echelon veins associated with Ensay Shear Zone Quartz veins & disseminated pyrite in granites Historical grades 10 – 100 g/t Au (+/- Ag) Alluvial workings produced >2,300 kg Au
Slide 29: EL4717 - Omeo
EL4717 - Omeo For personal use only Close to infrastructure Freehold land – no Native Title Claims High grade targets defined by old workings
Slide 30: EL4717 – Omeo/Ensay Shear Zone
EL4717 – Omeo/Ensay Shear Zone For personal use only
Slide 31: 2013 - Omeo
2013 - Omeo For personal use only Drilling at Forsyth April 2013 Two (2) Diamond drill hole – 253.9 metres Better results; FS-04 0.75m @ 3.66g/t Au, 185.6g/t Ag 0.23% Pb 0.30% Zn FS-05 0.30m @ 0.87g/t Au, 298.1g/t Ag >0.01% Pb >0.01% Zn
Slide 32: EL4717 - Omeo
EL4717 - Omeo For personal use only FS11-02 FS-04 FS-05 FS11-01 5.35m @ 4.70g/t Au 334g/t Ag 0.29%Pb 0.68%Zn
Slide 33: EL4717 - Omeo
EL4717 - Omeo For personal use only RC/ DD drilling Comstock : drilling Work Plans Approved Mountain Maid : 600m (4 holes) Environmental Offset Required
Slide 34: Summary
Summary For personal use only Tenement Reductions & Acquisitions - Ongoing Glen Wills Exploration – ongoing Sunnyside Exploration – ongoing Centre Country – ongoing
Slide 35: Summary
Summary For personal use only Merrimac (EL3916) – Ready to drill Comstock (EL4717) – Ready to drill Granite Flat (EL4744) – Ready to Drill Minor adjustments to veg disturbances
Slide 36: Summary
Summary For personal use only Banimboola (EL5300) – follow-up geochemical anomalies.
Slide 37: 2014 Programme
2014 Programme For personal use only Continue drilling and exploring at Glen Wills, Sunnyside & Centre Country Undertake exploration & drilling at Regional Prospects in East Victoria Reviews and acquisitions
Slide 38: Thank you
Thank you. For personal use only Disclaimer: This document was prepared by SML Corporation Limited. This document contains forward-looking statements that involve risks and uncertainties. These forward-looking statements are not guarantees of SML Corporation future performance and involve a number o