Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Shareholder Meeting (November 2009)
16 slides from Liontown's shareholder meeting presentation, Nov 16, 2009
Slide 1: AGM Presentation
For personal use only AGM Presentation P i 16 November 2009 1
Slide 2: 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 13 May, 2009. This presentation may contain value referen
Slide 3: Overview
For personal use only Z Highly prospective and underexplored The Board of Directors ground position in a 15M oz gold province Tim Goyder (Executive Chairman) Z Significant base metal resources with highly Doug Jones (Managing Director) leveraged exposure to increases in the price of copper and zinc
Slide 4: Liontown Resources - In a nutshell
For personal use only ►Mount Windsor Volcanics Project Z Exciting virgin gold potential with multiple Leyshon‐ and Kidston‐ style gold targets in a major gold producing region Z Liontown base metal deposit Indicated and Inferred Resource of 1.84M tonnes @ 7.5% zinc, 2.4% lead, 0.6% copper, 28 g/t si
Slide 5: Mount Windsor Volcanics Project
For personal use only Z Previous focus has been on the Liontown Zn‐Pb Deposit and the base metal exploration potential Z Focus now on the underexplored gold potential in a major gold province, much of it under cover Z Kidston and Mt Leyshon styles now the target Z Detailed interpretation of airborne
Slide 6: Gold potential – the concept
For personal use only Mount Leyshon Kidston Gold potential – the concept: 6 Permo--Carboniferous intrusives and breccia complexes Permo
Slide 7: Mosquito Hill Prospect
For personal use only ► Mosquito Hill Prospect Z Annular magnetic g anomaly y with associated K-U-Th anomaly Z Possible buried Permo Carboniferous intrusive within Puddler Ck Fmn Z Silicified & fractured siltstones & tuffs Z Localised brecciated & gossanous qtz veining Z Up to 600 ppm As – leakage f
Slide 8: For personal use only
RESOURCES LIMITED Au mineralization + Cu, Pb, Zn + As, Sh, Bi Alkaline alteration Sc>2200nm + Hi Temp alteration feldspars 4 + as + + + + + + +++ 4+ pening ee + aa + iCampaspe Formation et + + Fe i i A a b + +t +t +t + + FeSaEy eeccia re a ee Oe ae ++ ttt te t+ + - AAR oe ++ eet tt + + + +. + + ‘Sev
Slide 9: Proof-of-Concept
For personal use only ► ‘Proof-of-Concept’ Proof-of-Concept Z Current field work underway to ‘ground-truth’ g concept p on exposed targets Z Plateau prospect – selected from magnetics – review of previous exploration – 80m @ 1g/t Au Z D-Grid - non-outcropping g dipole- style magnetic anomaly beneath
Slide 10: The Liontown Resource – 'a good start'
For personal use only East West 10 The Liontown Resource – ‘a good start’
Slide 11: Sheep Mountain Project: Resource Highlights
For personal use only ► Resource Highlights Z Significant hypogene porphyry copper‐ molybdenum system Z Phelps Dodge and Utah drilling – 51 holes (mostly diamond) Z High i h grade d supergene zone extends d ~1.6 km x 0.4 km, averaging 27 metres thick – intersected in 4 holes Z Resource depth ~ 600m
Slide 12: Sheep Mountain Project Grade tonnage curve
For personal use only Cu C Mo M cutoff ktonnes grade grade Sheep Mountain Project Grade tonnage curve 0.4 108,100 0.8 0.030 0.6 48,100 1.3 0.035 0.8 40,300 1.4 0.035 120,000 2.5 1.0 37,100 1.5 0.035 1.2 33,600 1.5 0.035 1.4 21,600 1.6 0.035 100,000 2.0 1.6 8,800 1.7 0.035 1.8 2,800 1.9 0.035 80,000
Slide 13: Regional Setting
For personal use only ► Regional Setting Z Excellent location in Arizona ‐ a mining friendly state and the centre of US copper mining & refining f industry d Z Numerous multi‐million tonne copper deposits in the region Z Low cost property options, no expenditure p commitments in 2009 13
Slide 14: Geological Setting
For personal use only ► Geological Setting Z Primary (hypogene) Cu‐Mo related to Laramide‐age Laramide age (Eocene) porphyry stock Z Similar to other Laramide porphyry Cu‐Mo deposits in the western US ( (Resolution, l i Bagdad, d d Bisbee, i b Morenci, i Bingham) Z Supergene Cu‐Mo blanket developed
Slide 15: Summary
For personal use only ►M ►Mount Wi Windsor d V Volcanics l i P Project j Z Excellent land position in one of Australia’s premier gold and base metal provinces Z Current exploration focus on gold Z Significant sub‐economic base metal Inferred resource defined at Liontown ‐ 1 85M tonnes @ 7.5% 1.85M 7
Slide 16: Competent Persons statements
For personal use only Liontown Deposit The resource estimation and associated work for the Liontown deposit has been carried out by Mssrs Diederik Speijers and John McDonald of McDonald Speijers. Both are Fellows of the Australasian Institute of Mining and Metallurgy and have the necessary experienc
Liontown Resources — Shareholder Meeting (November 2009) on 6ix