Redstone Resources Limited · ASX:RDS
Redstone Resources — RIU Melbourne Resources Round-up 2014
18 slides from Redstone Resources's conference presentation, Sep 24, 2014
Slide 1: Corporate Presentation: RIU Melbourne Resources Round-up 2014
For personal use only CORPORATE PRESENTATION RIU Melbourne Resources Round‐up 2014 24‐25 September 2014 1
Slide 2: Important Information
Important Information For personal use only This presentation has been prepared by Redstone Resources This presentation should not be relied upon as a representation Ltd (Redstone) for the sole purpose of providing financial, of any matter that an investor should consider in evaluating the operation
Slide 3: Investment Highlights
Investment Highlights For personal use only Redstone’s focus is copper in the West Musgrave region West Musgrave Potential large scale, near surface copper project Large swarm of hydrothermal copper rich quartz veins in a mineralised system covering an area at least 5km2 Copper from surface
Slide 4: Company Overview
Company Overview For personal use only Capital Structure Issued Shares (ASX:RDS) 186,969,390 Listed Options (ASX:RDSO) 31,356,966 Unlisted Options 8,000,000 Share Price (22 September 2014) $0.045 Market Capitalisation (22 September 2014) $8.4m Cash (30 June 2014) $0.9m 4
Slide 5: Board of Directors and Key Management
Board of Directors and Key Management For personal use only Richard Homsany Edward van Heemst Chairman Non Executive Director Corporate and commercial lawyer with considerable Prominent Perth businessman with 40 years experience advising public listed resource and experience in the managemen
Slide 6: Redstone Resources – Location of Projects
Redstone Resources – Location of Projects For personal use only 6
Slide 7: Tollu Project – Prospects
Tollu Project – 16 Prospects For personal use only Redstone’s 100% owned Tollu Project is located in the southeast portion of the West Musgrave region of Western Australia The Tollu Project is approximately 20km south east of the Blackstone Community on the Company’s 100% owned tenement E69/2450
Slide 8: Tollu Project – Exploration Target
Tollu Project – Exploration Target For personal use only Redstone has estimated an Exploration Target to be: 22 to 33 million tonnes of mineralisation at a conceptual grade range of 0.9 ‐ 1.3% Cu, containing 198,000 to 445,000 tonnes of copper This includes an estimate of 4.3 to 6.4 million to
Slide 9: Tollu Project – Exploration Target
Tollu Project – Exploration Target For personal use only 9
Slide 10: Tollu Project – Chatsworth Prospect – High Grade
Tollu Project – Chatsworth Prospect – High Grade For personal use only Hole Prospect Easting Northing RL Dip Azim Depth From Interval True Cu (m) (m) (m) (degree) (degree) (m) (m) (m) Width (%) (m) TLC015 438087 7108554 ‐60 266 246 178 20 6 2.46 Chatsworth 585 TLC020 438109 7108556 ‐60 266 235 187 1
Slide 11: Tollu Project – Chatsworth Prospect - Geology
Tollu Project – Chatsworth Prospect ‐ Geology For personal use only 11
Slide 12: Five Additional Projects – Building Scale
Five Additional Projects – Building Scale For personal use only Atlas Project North of Tollu Project Prospective for IOCG & Mt Isa style deposits Babylon Project Prospective for IOCG & Mt Isa style deposits Pompeii Project Prospective for Mt Isa style deposits Pergamon Project Pros
Slide 13: Exploration Strategy
Exploration Strategy For personal use only Tollu Project Further analysis and interpretation of existing geophysical and geological data Drilling program (to depths of less than 150m) focused in the oxidised zone Delivery of a maiden JORC resource Atlas / Babylon Projects Drilling progra
Slide 14: Tollu Project - Development
Tollu Project ‐ Development For personal use only Conceptual Study Engineering Marketing Metallurgy Geology Infrastructure Ore Transport Financial Evaluation Exploration – Regional Geology – Stratigraphy – Prospect Geology – Mineralisation Conceptual Study – Approvals Environme
Slide 15: Next Steps
Next Steps For personal use only West Musgrave Copper Focus By using low cost, near surface exploration techniques, the objective is to aggressively step‐out and extend the region of known shallower mineralisation Build and leverage on existing dataset Key next steps Funding for Stage 2 Ex
Slide 16: Copper – A Favoured Commodity
Copper – A Favoured Commodity For personal use only Demand drivers are real: a key ingredient for the economic development of nations such as China China currently accounts for about 40 per cent of global copper consumption. Although growth is slowing, it is now off a much larger base Corporat
Slide 17: Copper Market Fundamentals
Copper Market Fundamentals For personal use only Total Copper Consumption Long‐term copper market fundamentals bode well for timing of Redstone mine development in the West Musgrave Assuming 2.3 per cent global growth over next 10 years, annual copper consumption is expected to grow by more than
Slide 18: Why Invest?
Why Invest ? For personal use only World class exploration asset Extensive exploration activities completed to date Extremely encouraging recent assay results Outstanding Exploration Target – grade and tonnes Clear strategy to maximize shareholder value Low cost entry ‘1st mover advant
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