Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Investor Presentation (August 2010)
16 slides from Lodestar Minerals's investor presentation, Aug 24, 2010
Slide 1: Cover letter to ASX: Peak Hill Project
Lodestar Minerals Limited ABN 31 127 026 528 Registered office Postal address 41 Stirling Highway PO Box 985 Nedlands WA 6009 Nedlands WA 6909 Tel: +61 8 9423 3280 Website Fax: +61 8 9389 8327 www.lodestarminerals.com.au For personal use only 24 August 2010 ASX Limited By Electronic Lodgement Dear S
Slide 2: Lodestar Minerals Limited: Exploring in Australia's Newest Base Metal Province
For personal use only LODESTAR MINERALS LIMITED EXPLORING IN AUSTRALIA’S NEWEST BASE METAL PROVINCE August 2010 1
Slide 3: Disclaimer
Disclaimer For personal use only Forward Looking Statements Forward Looking Statements: This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Lodestar Minerals’ exploration program and other statements that are not his
Slide 4: Jenkin Thrust Belt – a New Base Metal Province
Jenkin Thrust Belt – a New Base Metal Province For personal use only Host to Sandfire’s growing Degrussa discovery Base metal/Gold mineralisation recorded at a number of locations over 100-150 kilometres Historical exploration is limited Degrussa, potentially the first major discovery in a n
Slide 5: The Exploration Opportunity
The Exploration Opportunity For personal use only Key land position (2,000km2) within the Jenkin Thrust Belt Ned’s Creek Project Western Project Northling Project Immediate drill targets based on VTEM/ base metal geochem anomalies A large, under-explored land holding in Australia’s newest
Slide 6: Investment Opportunity
Investment Opportunity For personal use only A large, strategic tenement holding in a new and under-explored growing base metal province Prospectivity on a par or better than many higher capped competitors Lowest market cap entry into the province Major share price growth potential Low cap e
Slide 7: Share Price Targets – Competitor Comparison
Share Price Targets – Competitor Comparison For personal use only Company Commodity Status Market Cap $M Sandfire Cu-Au Resource (Cu-Au) 670 Thundelarra Cu-Au Exploration 134 Talisman Cu-Au Exploration 91 Sipa Cu, Au Exploration 40 Alchemy Au, Cu-Au Resource (Au) 32 Great Western Cu-Au Exploration 2
Slide 8: Corporate Snapshot
Corporate Snapshot For personal use only ASX code: LSR Issued Capital: 65 million shares/6 million unlisted options Cash: $1.3 million (27 July 2010) 12 month Share Price Performance Market capitalisation: Low High Current $9.0 million (16 August 2010) 0.037 0.19 0.14 Top 20 Shareholders:
Slide 9: Ned's Creek Project: Exploration Opportunity
Ned’s Creek Project : Exploration Opportunity For personal use only Widespread copper/base metal mineralisation on adjacent tenements Anomalous base metal geochemistry on district-wide basis suggests a large mineralising system Graben structures interpreted adjacent to Basement High Analogou
Slide 10: Ned's Creek Project: McDonald Well Prospect
Ned’s Creek Project: McDonald Well Prospect For personal use only Historic exploration: WMC rock chips to 4100ppm Cu and 1120ppm Zn CRA anomalous Cu in shallow (1-3m) auger drilling 2010 VTEM survey identifies VTEM anomalies and conductive unit coincident with anomalous base metal geochemist
Slide 11: Ned's Creek: Exploration Program
Ned’s Creek: Exploration Program For personal use only VTEM: Extend Survey to cover entire project area (August 2010) Land Access: Finalise negotiations with Traditional Owners (September) Exploration: Geological mapping, Soil and Rock Chip Sampling and surface EM (September – October) RC
Slide 12: Western Project: The Exploration Opportunity
Western Project: The Exploration Opportunity LANDHOLDING: For personal use only Adjoins Sandfire and Ausgold tenements LOCATION: Between major gold camps, 6km NW of DeGrussa HISTORIC EXPLORATION: effectiveness reduced by extensive soil/hardpan cover soil sampling anomalies to 80ppb wide
Slide 13: Western Project: The Exploration Program
Western Project: The Exploration Program For personal use only Land Access: Finalise heritage access agreement (August-September) Geochemistry: Regional stream/soil/rock chip geochemistry – first pass exploration gold, copper, base metals (October – November) Exploration under cover: Geologica
Slide 14: Northling Project: The Exploration Opportunity
Northling Project: The Exploration Opportunity Little systematic exploration, For personal use only extensive soil cover Diamond exploration intersected ultramafic/mafic basement with sulphides in historic drilling – not assayed Unresolved gold in stream samples to 164ppb associated with NNW –
Slide 15: Northling Project: The Exploration Program
Northling Project: The Exploration Program For personal use only Land Access: Heritage agreement signed with Gingirana July 2010 Geochemistry: Review and plan geochemical programs for gold exploration infill (August) Field checking / mapping / soil geochemistry for base metals and gold (Se
Slide 16: Lodestar Minerals Limited
For personal use only LODESTAR MINERALS LIMITED 41 Stirling Highway Nedlands WA 6009 15
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