Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Corporate Update (September 2011)
20 slides from Lodestar Minerals's corporate update, Sep 13, 2011
Slide 1: Roadshow Presentation and Exploration Update
ASX ANNOUNCEMENT 13 September 2011 For personal use only COMPANY SNAPSHOT ASX LIMITED LODESTAR MINERALS LIMITED mABN: 32 127 026 528 ROADSHOW PRESENTATION AND 1 CONTACT DETAILS EXPLORATION UPDATE Bill Clayton, Managing Director +61 8 9423 3200 41 Stirling Highway, Please find attached a presentation
Slide 2: Lodestar Minerals Limited Company Presentation 2011
For personal use only LODESTAR MINERALS LIMITED COMPANY PRESENTATION 2011 1
Slide 3: Disclaimer
Disclaimer For personal use only Forward Looking Statements Forward Looking Statements: This document may include forward‐lookingforward looking statements. statements Forward‐looking statements include, but are not limited to, statements concerning Lodestar Minerals’ exploration program and other s
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only ASX code: Board & Management LSR Rhod Grivas (Chairman) Issued d Capital: i l Bill Cl Clayton t (M(Managing i DiDirector) t ) 89 million shares Mark Pitt (Non‐Executive Director) 6 million unlisted options David McArthur (Executive Director & Company Secr
Slide 5: 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) 1 077 1,077 RNI Cu‐Au Exploration 111 Talisman Cu‐Au Exploration p 73 Sipa Au, Cu‐Au Exploration 72 Thundelarra Cu‐Au Exploration 44 Great Western Cu‐Au Exploratio
Slide 6: Peak Hill-Doolgunna Investment Opportunity
Peak Hill‐ Hill‐Doolgunna Investment Opportunity A large, strategic tenement holding (2200sq km) in For personal use only an emerging and under‐explored base metal province Prospectivity on a par or better than many higher capped competitors Intensive exploration p in 2011 – regional g geochemis
Slide 7: Jenkin Thrust Belt – a New Base Metal Province
Jenkin Thrust Belt – a New Base Metal Province For personal use only Host to Sandfire’s DeGrussa discovery, potentially the first major discovery in a new base metal province Base metal & gold mineralisation recorded at numerous locations over 100‐150 100 150 kilometres Limited exploration & g
Slide 8: Jenkin Thrust Belt – Regional Geochemistry
Jenkin Thrust Belt – Regional Geochemistry For personal use only GSWA regional regolith sampling– Cu distribution (raw data) influenced by regolith domain, bed rock composition, iron content GSWA sampling successfully identifies exploration targets at the regional scale (MINEDEX gold and base me
Slide 9: Ned's Creek Project
Ned’s Creek Project : For personal use only Prospective basin & structural setting within large copper mineralising system 8
Slide 10: Ned's Creek Project: McDonald Well Area
Ned’s Creek Project: McDonald Well Area For personal use only Limited historic exploration: WMC ‐ rock chips to 4100ppm Cu and 1120ppm Zn, anomalous samples reported over 60 sq km CRA ‐anomalous Cu in shallow auger drilling 2010 VTEM survey identifies “conductive unit” (black shale) coincide
Slide 11: Ned's Creek: Exploration Program
Ned’s Creek: Exploration Program Completed For personal use only VTEM ‐ 2010 5 Phase 1 RC holes intersected variable thicknesses of carbonaceous calcareous, carbonaceous, calcareous siliceous shale and dolerite in the McDonald Well area carbonaceous shale horizon beneath 60 70m of weathering
Slide 12: Marymia Project
For personal use only Marymia Project: 11
Slide 13: Marymia Project: The Exploration Opportunity
Marymia Project: The Exploration Opportunity Predominantly diamond & gold exploration For personal use only GSWA geochemistry identifies regional targets within tenements Unexplored Proterozoic basin ‐ Lodestar stream float sample reporting 10g/t Ag and 805ppm Pb confirms mineralised structure
Slide 14: Marymia Project: The Exploration Model
Marymia Project: The Exploration Model For personal use only SEDEX Deposits (Zn‐Pb‐Ag) • Major source of base metals • Proximal and distal to vent • Strong fault control on vent discharge sites • Distal deposits controlled by basin topography h Geometry High aspect ratio – thickness to lateral e
Slide 15: Marymia Project: The Exploration Program
Marymia Project: The Exploration Program For personal use only Geochemistry 1km grid lag sampling completed In‐fill soil sampling 200m lines – continuing •Extensive soil cover impedes surface geochemistry over eastern region • Historic drilling indicates that cover does not exceed 4‐8m depth over
Slide 16: Western Project
For personal use only Western Project: 15
Slide 17: Western Project: The Exploration Opportunity
Western Project: The Exploration Opportunity For personal use only Adjoins Sandfire tenements Between major gold camps, 6km NW of DeGrussa Historic Exploration effectiveness reduced by extensive soil/hardpan cover soilil sampling li anomalies li to 80ppb 80 b Au A wide spaced RAB reported 4
Slide 18: Western Project: The Exploration Program
Western Project: The Exploration Program For personal use only Geochemistry Regional stream/soil/rock chip geochemistry – first pass exploration gold, copper, base metals Follow up GSWA regional geochemical anomalies. Exploration under cover Geological / structural study – identify geological se
Slide 19: Exploration program going forward
Exploration program going forward For personal use only Intensive RAB/AC program targeting Cu anomalies >5km strike ‐ Neds Creek Detailed soil geochemistry over northern zone E52/2456 targeting Bi, Mo, Ag anomaly Detailed soil geochemistry over basin margins E52/2492 ‐ Marymia First – pass dri
Slide 20: Lodestar Minerals Limited contact details
LODESTAR MINERALS LIMITED 41 Stirling l Highway h For personal use only Nedlands WA 6009 Bill Clayton T: 08 9423 3281 F: 08 9389 8327 billclayton@lodestarminerals.com.au 19
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