Investigator Silver Limited · ASX:IVR
Investigator Silver — Investigator Resources — Investor Presentation (May 2017)
20 slides from Investigator Silver's investor presentation, May 2, 2017
Slide 1: Advancing the strong Paris silver asset & copper-gold exploration upside
Investigator Resources Limited Advancing the strong Paris silver asset For personal use only & copper-gold exploration upside SOUTH AUSTRALIAN EXPLORERS WITH THE RIGHT TRACK RECORD WELL FUNDED & DRILLING Investor Presentation May 2017 INVESTIGATOR ASX : IVR RESOURCES LIMITED
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement DISCLAIMER The information in this presentation is published to inform you about Investigator Resources Limited For personal use only and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements.
Slide 3: Summary: Recent strong news
SUMMARY: Recent strong news For personal use only New chairman – Dr. David Ransom. Upgraded Paris silver resource to significant 42Moz contained silver with robust 139g/t grade. Paris is considered by IVR to be the best undeveloped silver project in Australia. Pre-feasibility study on Paris Silver P
Slide 4: IVR Corporate Overview: Well positioned with a strong silver asset
IVR CORPORATE OVERVIEW: Well Positioned with a strong silver asset & copper-gold exploration upside IVR – Market performance last 12 months For personal use only Capital Structure as at 24th April 2017 ASX listed since 2007 IVR 6.0c Shares (ordinary) 584.4M Options (Unlisted) 11.7M Share Price (28 A
Slide 5: South Australian focus & on-going success
SOUTH AUSTRALIAN FOCUS & ON-GOING SUCCESS IVR’s Priority is developing the For personal use only Paris silver deposit Also aiming for Tier 1 & 2 company-maker copper-gold deposits:- 1. Porphyries near Paris Maslins IOCG 2. IOCGs in OD belt Nankivel Porphyry copper-gold target copper-gold targets Opp
Slide 6: Infill drilling: Paris drill plan
INFILL DRILLING: Paris drill plan Drilling largely with RCP holes but also with control core holes raised confidence & sample quality of the shallow clay rich For personal use only breccias and corroded carbonate in the deposit. Infill drilling November 2016 Mineralisation outline 500m Investigator
Slide 7: Upgraded 2017 Paris Mineral Resource Estimate
UPGRADED 2017 PARIS MINERAL RESOURCE ESTIMATE Category Tonnage Silver Grade Contained silver Lead Grade Contained lead For personal use only (Mt) (g/t) (Moz) (%) (kt) Indicated 4.3 163 23 0.6 26 Inferred 5.0 119 19 0.6 29 Total 9.3 139 42 0.6 55 Note: Based on 50g/t silver cut-off grade Densities: I
Slide 8: Cross section: Shallow, open-pittable
CROSS SECTION: Shallow, open-pittable Silver mineralisation is flat-lying with coherent high-grade blocks close to surface. For personal use only SW NE Resource depth range (surface Resource depth range to 160m) Level 25m asl Sea Level Section 51275mN looking north showing MIK resource blocks (avera
Slide 9: Shape: 55% silver ounces converted to Indicated
SHAPE: 55% Silver Ounces converted to Indicated Oblique view (looking north) of the MIK resource blocks that contributed to the plus 50g/t silver Inferred & Indicated classification. For personal use only With the 41% grade increase for the better drilled Indicated (red) component, it is reasonable
Slide 10: Good grade tonnage profile: Offers operational flexibility
GOOD GRADE TONNAGE PROFILE: Offers operational flexibility For personal use only Flexibility to raise or lower grades according to silver prices Higher grade cut-off retains much of the ounces 30g/t cut-off 16.4Mt @ 96g/t silver for 50Moz silver 50g/t cut-off 9.3Mt @ 139g/t silver for 42Moz silver 7
Slide 11: Metallurgy: Positive preliminary trials (2013)
METALLURGY: Positive preliminary trials (2013) Standard silver minerals (silver sulphide & native silver in pyrite). For personal use only Good silver recoveries in laboratory leach trials*: Opportunities to improve silver recoveries with finer grind & longer leach times. Flotation trials were also
Slide 12: Conceptual development scenarios: On-going internal studies
CONCEPTUAL DEVLOPMENT SCENARIOS: On-going internal studies Mine design For personal use only • Open-pit including preliminary geotechnical study. • Continue internal optimisation studies (e.g. high-grade starter pits & mineralised waste). Mining • Option of Mining Contractor. Processing • Process or
Slide 13: Peer silver deposit comparison: Paris is arguably the best
PEER SILVER DEPOSIT COMPARISON: Paris is arguably the best For personal use only Graphical comparison of the Paris Silver Project resource grade and contained ounces with other silver deposits (as at April 2017 - No credits are added for other metals in multi- element deposits). Paris is arguably th
Slide 14: Next for Paris
NEXT FOR PARIS For personal use only Pit and mining studies for the new resource. Advanced metallurgical laboratory trials on 5 tonnes of samples collected from the infill drilling. Geometallurgical study underway using multi-element drill data for all the deposit. Hydrological study to commence on
Slide 15: Paris points to a larger field: Further & larger target potential
PARIS POINTS TO A LARGER FIELD: Further & larger target potential Paris is an intermediate-sulphidation epithermal deposit often near porphyry systems For personal use only Other Porphyry indicators: Helen Cu Au skarn (9m @ 1.14% copper, 0.31g/t gold) Intrusive Paris silver complex deposit Connectin
Slide 16: Nankivel porphyry concept: Verified by progressive drilling
NANKIVEL PORPHYRY CONCEPT: Verified by progressive drilling Four recent holes intersected predicted potassic core with low-levels of visible copper mineralisation. Plenty of target room between the broad-spaced first-pass drilling. For personal use only Greenrocks – porphyry rim Four Potassic – porp
Slide 17: Multi-phase & zoned alteration & mineralisation: Fits porphyry model
Multi-phase & zoned alteration & mineralisation: Fits porphyry model For personal use only Cap rock in drill collar Breccia & Mineralised veins Cross section showing interpreted geology in central structure Investigator Resources Ltd ASX : IVR Investor Presentation - May 2017 17
Slide 18: Additional high-grade porphyry-related targets: Analogous to Paris
Additional High-Grade Porphyry-related Targets: Analogous to Paris Geophysical anomalies coincident with drilled caprocks along the central structure point to new high-sulphidation gold-copper targets common above porphyry systems. For personal use only Gossan Argillic veins Four Caprock in drill co
Slide 19: Breakthrough for SA metal potential: IVR is first-mover
BREAKTHROUGH FOR SA METAL POTENTIAL: IVR is First-Mover Paris-Nankivel Field For personal use only Upgraded target plan Numerous targets along connecting structures integrating inputs including airborne VTEM anomalies & drill multi- element geochemical data Shallow epithermal silver-gold-copper targ
Slide 20: Next for Investigator Resources (IVR)
NEXT FOR INVESTIGATOR RESOURCES (IVR) PARIS SILVER PROJECT For personal use only Advanced metallurgical laboratory trials on 5 tonnes of samples collected from the infill drilling. Geometallurgical study underway using multi-element drill data for all the deposit. Mining & Processing studies. Hydrol
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