Horseshoe Metals Limited · ASX:HOR
Horseshoe Metals — AMEC Convention September 2013
19 slides from Horseshoe Metals's conference presentation, Sep 4, 2013
Slide 1: Investor Presentation - AMEC Convention September 2013
For personal use only INVESTOR PRESENTATION AMEC Convention - September 2013
Slide 2: Disclaimer
Disclaimer For personal use only This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment de
Slide 3: The Investment Case
The Investment Case ~15% Cu drill core (KDD007) – Kumarina Project For personal use only Horseshoe Metals Limited has: Quality copper projects in a highly prospective region of Western Australia Substantial copper/gold mineral resources Multiple exploration targets within project areas provide th
Slide 4: Corporate Summary
Corporate Summary For personal use only Capital Structure Ordinary Shares 85.9 M Options (45c 25/05/14) 5.4 M Options (60c 25/05/15) 5.4 M Performance Rights 3.8 M Market Capitalisation $5.2 M (undiluted @ $0.06 cents per share) Cash at Bank (31/07/13) $1.4 M Management Substantial Shareholders Neil
Slide 5: Projects Overview
Projects Overview For personal use only Horseshoe Lights Project • located 75km west of DeGrussa Cu/Au mine • includes the Horseshoe Lights Cu/Au mine • significant land holding over the highly prospective Ravelstone & Narracoota Formation Kumarina Project • located 100km north of DeGrussa Cu/Au min
Slide 6: Horseshoe Lights Overview
Overview HORSESHOE LIGHTS PIT LOOKING NORTH For personal use only • Altered Volcanogenic Massive Sulphide (VMS) deposit located in the Narracoota Formation • Copper DSO production - 110,691 t @ 25-30% Cu • Mine operations suspended in 1994 due to low Cu prices • Open pit is approximately 215m deep •
Slide 7: 2013 Mineral Resource Estimate
2013 Mineral Resource Estimate For personal use only Measured, Indicated and Inferred Mineral Resource Estimate as at 30 June 2013: 12.85Mt @ 1.00% Cu, and 0.1 g/t Au for 128,600 tonnes copper and 36,000 oz gold (using 0.5% Cu cut-off grade). 40% increase in contained copper from 2011 Mineral Re
Slide 8: Ground-based Magnetics Survey
Ground-based Magnetics Survey Operator using magnetometer/GPS unit • Ground-based Magnetic Survey completed For personal use only ~250 line kilometres of readings taken at 25m line spacing. • Preliminary data has highlighted structures effectively – modelling presently underway. Horseshoe Lights Pro
Slide 9: Lithological Geochemistry Study
Lithological Geochemistry Study • Pilot programme underway, For personal use only should be completed by mid- September 2013. • Aim: To determine whether multi-element geochemistry over the lithological profile (of recent and historical drill holes) can be used as a targeting tool to identify minera
Slide 10: Kumarina Overview
Overview • Historical workings For personal use only extend over nearly 5km including the old Kumarina and Rinaldi Copper Mines. • Main workings at are associated with N-S faults/structures. • Multiple other N-S structures identified by aeromagnetic survey under shallow cover. • These N-S faults and
Slide 11: Mineral Resource Estimate - Rinaldi Prospect
Mineral Resource Estimate - Rinaldi Prospect Measured, Indicated and Inferred Mineral Resource at the Rinaldi Prospect: For personal use only 835,000t @ 1.3% Cu containing 10,600 t Cu metal (0.5% Cu cut-off). Kumarina Project
Slide 12: Untested Exploration Target – Snell North
Untested Exploration Target – Snell North For personal use only • Recent field work has identified historical workings (3 shafts) at the Snell North Prospect • Shafts are over 350m apart along strike. • Ground around workings has colluvium/alluvium cover with no outcrop. • Main shaft is of similar s
Slide 13: Untested Exploration Target – Snell North
Untested Exploration Target – Snell North View down main vertical shaft at Snell North Prospect For personal use only • Insert Picture here Kumarina Project
Slide 14: Untested Exploration Target - Kumarina Deeps
Untested Exploration Target - Kumarina Deeps For personal use only Planned Drill Collars Kumarina Project
Slide 15: 2013/14 Activities
2013/14 Activities For personal use only Horseshoe Lights • Drilling: East side of pit (targeting footwall mineralisation); South end of pit (targeting along strike/down plunge mineralisation); Geophysical/geochemical targets; Regional exploration targets. Kumarina • Ground-based gravity sur
Slide 16: Highlights
Highlights For personal use only 148,000t Cu metal inventory Near term production potential Horseshoe Lights & Kumarina both have excellent exploration potential New targets to be tested in the upcoming drilling programmes
Slide 17: Mineral Resource Estimation - Horseshoe Lights Project
Mineral Resource Estimation For personal use only Horseshoe Lights Project Mineral Resource Estimation As at 30 June 2013 Type Category Tonnage Cu Au Ag Cu metal Au metal Ag metal (Mt) (%) (g/t) (g/t) (tonnes) (oz) (oz) Measured 0.18 1.25 0.1 0.5 2,300 500 2,800 Indicated 0.15 0.94 0.0 0.4 1,400 200
Slide 18: Mineral Resource Estimation - Kumarina Project Rinaldi Prospect
Mineral Resource Estimation For personal use only Kumarina Project - Rinaldi Prospect Mineral Resource Estimation As at 30 June 2013 Cut-off Resource grade Tonnes Cu (%) Cu (lbs) Cu (t) Category Cu (%) 519,000 1.24 14,243,000 6,500 Measured 444,000 0.91 8,922,000 4,050 Indicated 0.25 247,000 0.6 3,2
Slide 19: Competent Persons Statement
Competent Persons Statement For personal use only The information in this presentation to which this statement is attached that relates to Exploration Results is based on information compiled by Mr Geoff Willetts, who is a Member of the Australian Institute of Geoscientists. Geoff Willetts is a full