Traka Resources — Investor Presentation (June 2021)
16 slides from Traka Resources's investor presentation, Jun 7, 2021
Slide 1: Unlocking the potential of the Mt Cattlin Gold Project, WA
Unlocking the potential of the ASX: TKL Mt Cattlin Gold Project, WA High-grade gold plus copper and emerging porphyry intrusive potential in the Ravensthorpe Greenstone Belt Investor Presentation | 7 June 2021 Patrick Verbeek │ Managing Director
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Traka Resources Limited ABN 63 103 323 173 (Traka) for the sole purpose of providing financial, operational and other information to enable recipients to review the business activities of Traka. This presentation is not intended as an offer, invitati
Slide 3: Traka: high-impact exploration in a Tier-1 jurisdiction
Traka: high-impact exploration in a Tier-1 jurisdiction Focused on the Mt Cattlin Gold Project, WA ✓ ASX-listed explorer (ASX: TKL) ✓ Highly leveraged to exploration success – market cap ~$9m ✓ Focused on the Mt Cattlin Gold Project in south-west WA ✓ Located in a proven mining district, immediately
Slide 4: Corporate Snapshot
Corporate Snapshot Experienced highly-regarded team, tight capital structure – leveraged to exploration success Capital Structure Board of Directors ASX Code TKL Joshua Pitt – Non-Executive Chairman Share Price 1.9c Executive Chairman of both Red Hill Iron and Hampton Hill Mining. Shares on Issue 50
Slide 5: Mt Cattlin Gold Project
Mt Cattlin Gold Project Advanced gold exploration opportunity on the doorstep of one of Australia’s best-known lithium mines • Located immediately north of the Mt Cattlin Lithium Mine, operated by Galaxy Resources • Long history of gold mining and exploration – reported historical production of 23kt
Slide 6: Mt Cattlin Gold Project – high-grade gold potential
Mt Cattlin Gold Project – high-grade gold potential Advanced gold exploration opportunity on newly-recognised porphyry intrusive-related system • No gold exploration between 2004 and 2020 – outstanding opportunity for modern technology to unlock new discoveries • High-resolution aeromagnetics, Induc
Slide 7: Mt Cattlin Gold Project – high-grade gold potential
Mt Cattlin Gold Project – high-grade gold potential Good opportunity to develop a significant gold resource • Diamond and RC drilling completed at historical Maori Queen and Sirdar mine workings to in-fill 2004 results and extend mineralisation down-dip and along strike • Maiden Resource Estimates u
Slide 8: Maori Queen – high-grade gold lode continues at depth
Maori Queen – high-grade gold lode continues at depth Significant growth opportunity with further drilling • High-grade gold shoot within an envelope of lower grade mineralisation • Shear zone extends over 1km Recent drilling: • 4m @ 7.1g/t Au, incl. 1m @ 12.8g/t (RAGC032) (3) • 1m @ 28.30g/t Au (RA
Slide 9: Maori Queen – part of a much larger shear zone?
Maori Queen – part of a much larger shear zone? Potential for multiple mineralised lodes along 1km shear • Geochemical and geophysical surveys indicate that Maori Queen sits at the eastern end of a SW-trending shear zone that extends 1km to the Lone Hand Prospect 1km Maori • Three positions drilled
Slide 10: Sirdar – strong scope for open pit mining
Sirdar – strong scope for open pit mining Plus emerging opportunity at depth • Resource envelope limited to ~150m strike and 80m depth • Mineralisation starts from surface – excellent scope for open-pit mining • High-grade gold shoots offer potential for depth extensions – opportunity for undergroun
Slide 11: Mt Cattlin Gold Project – a new chapter emerging?
Mt Cattlin Gold Project – a new chapter emerging? New geological understanding points to large-scale porphyry potential • New geological understanding: All historical mines and newly-identified targets are part of a large, centrally-located porphyry style intrusive complex • The porphyry intrusions
Slide 12: Mt Cattlin Gold Project – A New Chapter Emerging?
Mt Cattlin Gold Project – A New Chapter Emerging? Aeromag images showing exposed and interpreted porphyries The evidence for a large-scale porphyry system is growing… and needs to be tested with more drilling! 12
Slide 13: Revelation – the first porphyry target to be tested
Revelation – the first porphyry target to be tested Bullseye magnetic anomaly correlating with IP and soil geochemistry • Revelation Prospect – coincident soil and aeromagnetic anomaly extending over ~500m • Gold and copper within 30 metre wide zone of chalcopyrite, pyrite and pyrrhotite sulphide mi
Slide 14: Multiple high-quality intrusive-related targets
Multiple high-quality intrusive-related targets Strong pipeline of additional prospects • pXRF soil geochemical surveys now covering key target areas • Large strong multi-element anomalies highlighted: • Several correlate with historical gold geochemical surveys at the Grafter, Plantagenet, Parramat
Slide 15: Summary: High-grade gold, with emerging porphyry potential
Summary: High-grade gold, with emerging porphyry potential High-impact exploration programs underway ✓ Exploring in a proven mineral belt that has seen virtually no modern exploration (outside of pegmatites) for +16 years ✓ Proven high-grade gold endowment with multiple historical workings ✓ JORC Re
Slide 16: Thank you. Questions.
Thank you. Questions. ASX: TKL Investor Presentation | June 2021 Patrick Verbeek │ Managing Director