Pursuit Minerals Ltd · ASX:PUR
Pursuit Minerals — Investor Presentation (August 2020)
16 slides from Pursuit Minerals's investor presentation, Aug 7, 2020
Slide 1: Investor Presentation
Investor Presentation August 2020 pursuitminerals.com.au Investor Presentation | August 2020
Slide 2: Corporate Overview
Corporate Overview Share Price and Volume CAPITALISATION DATA(1) A$0.02 413M SHARE PRICE (2) SHARES ON ISSUE A$8.2M A$0.9M A$7.1M MARKET CAP NET CASH ENTERPRISE VALUE MANAGEMENT AND BOARD PETER WALL MARK FREEMAN CHAIRMAN CHIEF EXECUTIVE OFFICER Top Shareholders EMX Royalty Corp 4.85% JEREMY READ MAT
Slide 3: Management Overview
Management Overview Diversified team with extensive experience in resource projects and capital markets Mark Freeman BOARD OF DIRECTORS & ADVISORS PETER WALL ANDREW LAW CHIEF EXECUTIVE OFFICER NON-EXECUTIVE CHAIRMAN MINING ENGINEER EXECUTIVE MANAGEMENT Mr Freeman has an extensive background in equit
Slide 4: Buck Mountain Gold Project – Arizona
Buck Mountain Gold Project – Arizona 244,000 Ounce Gold Resource with upside and Silver/PGM credits Pursuit has the right to purchase a 100% interest in the Buck Mountain Gold Project located 18 miles northeast of Lake Havasu City in Mojave County, Arizona - Supportive Mining Jurisdiction The Bu
Slide 5: Resources Results – Gold, Silver and PGM's
Buck Mountain Gold Project – Arizona Resources Results – Gold, Silver and PGM’s The Buck Mountain Gold Project mineral resource, reported in compliance with Canadian National Instrument 43-101(1), was estimated to be 244,000 Oz’s @ 6.1g/t gold within the alluvial gravels down to a depth of 15 feet
Slide 6: 2008 Sampling Program
Buck Mountain Gold Project – Arizona 2008 Sampling Program In 2008 several metallurgical studies were completed from large diameter drill holes which produced an average grade of 6.1g/t gold In 1988 a bulk sample of 16.2 tons of alluvial gravels which produced recovered grades of 4.8g/t Au, 119.
Slide 7: Due Diligence Underway
Buck Mountain Gold Project – Arizona Due Diligence Underway In 2014 a large number of auger soil and gravel samples (from depth of 3-4ft) were collected from 128 sample locations on a regular grid across the entire project area Pursuit has sent 24 of these large auger samples to further verify t
Slide 8: Acquisition Terms
Buck Mountain Gold Project – Arizona Acquisition Terms i. A payment of US$20,000 by Pursuit to Vendors for exclusive due diligence until 30 September 2020 (Term). This payment has been made ii. An initial payment of US$75,000 upon the exercise of a 12-month option over the project iii. A second paym
Slide 9: Timetable of Events
Buck Mountain Gold Project – Arizona Timetable of Events July August Sept Oct Nov Dec Jan March Complete Auger Sampling Assay Auger Samples Complete Due Diligence Exercise Option to acquire Infill Drill Program (to 30 ft) Assay Drill Program Update to Jorc Results Desktop Study Hydrology Metallurgic
Slide 10: Modular Off the Shelf Mining
Buck Mountain Gold Project – Arizona Modular Off the Shelf Mining 1988 Bulk sample was processed in a way which reflected how a full scale processing plant would operate, demonstrating a simple processing flow sheet is appropriate Majority of the gold will be recovered via gravity separation A
Slide 11: Combination Mobile and Modular Processing Plant
Buck Mountain Gold Project – Arizona Combination Mobile and Modular Processing Plant Investor Presentation | August 2020
Slide 12: Gold & Silver
Gold & Silver Pricing in AUD$ over last 5 years Gold Silver Silver Uses Thermal Windows Batteries Aircraft Navigation Dentistry Pre-paid road toll passes Burns Treatment Switches Air-conditioners Cars Jewellery Nano Technology Water Purification Aeronautical and Space Technology Investor Presentatio
Slide 13: Energy Metals Project Portfolio – Norway, Sweden, Finland
Energy Metals Project Portfolio – Norway, Sweden, Finland Scoping Studies Completed and Resources Defined • Espedalen Nickel Project (Pursuit with the ability to obtain a 100% interest) Stormyra Mineral Resource – 1.2Mt @ 1% Ni, 0.42% Cu & 0.04% Co and classified as Inferred (JORC 2012), open alon
Slide 14: Summary
Summary Buck Mountain Alluvial Gold Project contains a shallow, high-grade NI 43-101 Foreign Mineral Resource: 1.248Mt @ 6.1g/t gold for 244,000 Oz’s with the gold, silver, PGM mineralisation open at depth and laterally Alluvial gravels at Buck Mountain have only been assayed to a depth of 15
Slide 15: Competent Persons Statement
Competent Persons Statement Statements contained in this presentation relating to exploration results, historical exploration results, historical estimates of mineralisation and Exploration targets are based on, and fairly represents, information and supporting documentation prepared by Mr. Jeremy R
Slide 16: Contact
Contact Mark Freeman Chief Executive Officer markf@pursuitminerals.com.au +61 412 692 146 Investor Presentation August 2020 pursuitminerals.com.au Investor Presentation | August 2020
Pursuit Minerals — Investor Presentation (August 2020) on 6ix