Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — Shareholder Meeting (November 2015)
47 slides from Stavely Minerals's shareholder meeting presentation, Nov 18, 2015
Slide 1: Unlocking Victoria's Copper-Gold Potential
For personal use only Unlocking Victoria’s Copper- Gold Potential Stavely Minerals Limited AGM 18 November 2015
Slide 2: Disclaimer
STAVELY MINERALS For personal use only Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Comp
Slide 3: Corporate snapshot and directors
STAVELY MINERALS For personal use only ASX Code – SVY Shares on Issue – 93.8M Share Price - $0.195 Market Cap - $18.3M Cash (30/09/15) - $2.6M* *Excludes Titeline Drilling agreement, $0.60 350,000 Directors Volume Bill Plyley $0.50 300,000 Close Non-executive Chairman 250,000 Chris Cairns $0.40 Mana
Slide 4: Projects
For personal use only PROJECTS
Slide 5: Project Location
PROJECT LOCATION For personal use only The Ararat Project is in the Moornambool Metamorphic Complex and is prospective for VMS base metals-gold and ‘Stawell-style’ gold mineralisation. The Mount Stavely Volcanic Complex is prospective for ancient porphyry copper-gold, VMS base metals-gold and intrus
Slide 6: Project Location
PROJECT LOCATION For personal use only 415 square kilometres of Stavely Minerals tenure 72 square kilometres of JV tenure
Slide 7: Mineral Resources
1 MINERAL RESOURCES For personal use only At the Ararat Project, hosted in a Besshi-style VMS: • Inferred Mineral Resources of 1.3Mt at 2.0% copper, 0.5 g/t gold, 0.4% zinc and 6 g/t silver for 30kt of contained copper At the Stavely Project hosted in a secondary chalcocite-enriched blanket: • Infer
Slide 8: Ararat Project
For personal use only ARARAT PROJECT
Slide 9: Ararat Project
ARARAT PROJECT For personal use only Hosts the: Mt Ararat Besshi-style copper-gold VMS and ‘Stawell-style’ gold targets
Slide 10: Ararat Project
ARARAT PROJECT For personal use only Prospective VMS copper gold horizon extends over 15 kilometres within Stavely Minerals tenements. Recent reconnaissance exploration has confirmed the horizon is up to 1km wide ‘Stawell-style’ gold / arsenic anomalies along 4-5km of strike and open to north
Slide 11: Ararat Project Conceptual Model
ARARAT PROJECT For personal use only Conceptual Model • Multiple VMS target horizons – circa 530Ma age • Steep west dipping gold feeder structures and shallow east-dipping horse-tail splays – circa 425Ma age 1 see ASX announcement dated 6 July 2015 and available from www.stavely.com.au
Slide 12: Ararat Project Regional Geophysics
ARARAT PROJECT For personal use only Regional Geophysics • Recent gravity survey has provided important information on the structural architecture and deep rock types • Recent regional Induced Polarisation (IP) survey has highlighted multiple VMS and gold targets 1 see ASX announcement dated 25 Sept
Slide 13: Mount Ararat VMS
For personal use only MOUNT ARARAT VMS
Slide 14: Mt Ararat Besshi-style VMS
ARARAT PROJECT Mt Ararat Besshi-style copper-gold VMS is an ancient sea- For personal use only floor ‘black smoker’
Slide 15: Mt Ararat VMS clusters
ARARAT PROJECT For personal use only Mt Ararat Besshi-style copper-gold VMS is an ancient sea- floor ‘black smoker’ – they tend to occur in clusters of typically 6-8 deposits
Slide 16: Mt Ararat Inferred Mineral Resource
ARARAT PROJECT For personal use only • Mt Ararat Besshi-style VMS – Inferred Mineral Resource of 1.3Mt at 2.0% copper, 0.5g/t gold, 0.4% zinc and 6g/t silver • The Degrussa deposit is considered a Besshi-style VMS • Open at depth and along strike
Slide 17: Carroll's Prospect Geochemistry
ARARAT PROJECT Carroll’s Prospect Geochemistry For personal use only Multiple mineralised horizons confirmed with Carroll’s Copper prospect re-discovered with rock- chip results including: • 10.8% copper, 0.41% Zn and 1.5g/t gold • 24% copper, 1.1% zinc and 0.52g/t gold 1 see ASX announcement dated
Slide 18: Carroll's Prospect Geophysics
ARARAT PROJECT For personal use only Carroll’s Prospect Geophysics Very strong IP chargeability anomaly coincident with soil zinc-copper geochemical anomaly and in-situ rock chips to 10.8% copper and 1.5g/t gold 1 see ASX announcement dated 25 September 2015 and available from www.stavely.com.au
Slide 19: Stawell-style gold potential
ARARAT PROJECT For personal use only Stawell-style gold potential Unexpectedly, drill hole SARC001 also intersected 13m at 1g/t gold (to EoH) including a significant higher grade zone of: • 3m at 3.04 g/t gold 3 follow-up diamond drill holes completed 1 see ASX announcement dated 10 September 2014 a
Slide 20: Stawell-style gold potential
ARARAT PROJECT For personal use only Stawell-style gold potential • The Ararat goldfield produced ~640,000oz Cathcart Alluvial from alluvials and deep Goldfield leads • No hardrock source identified. Mt Ararat gold intercept
Slide 21: Ararat Goldfield new gold prospects
ARARAT GOLDFIELD For personal use only Stawell-style gold potential– Two new gold prospects identified in soil sampling • Cathcart Hill • White Lead
Slide 22: Cathcart Hill Gold Prospect
ARARAT PROJECT For personal use only Cathcart Hill Gold Prospect • Newly discovered gold prospect • Arsenic, chromium (‘Stawell- signature’) soil anomaly 800m long and open to the north and south • Soils to 622ppb, 447ppb and 426ppb amongst other strongly anomalous results. • Rock-chips of ‘pseudo-
Slide 23: Cathcart Hill Geophysics
ARARAT PROJECT For personal use only Cathcart Hill Geophysics Strong IP chargeability anomaly coincident with gold-arsenic- chrome geochemical anomaly – Stawell- style signature 1 see ASX announcement dated 25 September 2015 and available from www.stavely.com.au
Slide 24: Other Geophysical Anomalies
ARARAT PROJECT For personal use only Other Geophysical Anomalies Strong IP chargeability anomalies with shallow east dip consistent with the geometries observed in recent gold drill intercepts: 2m at 6.34g/t gold including: 1m at 11.3g/t gold 1 see ASX announcement dated 25 September 2015 and av
Slide 25: Regional Geophysics
ARARAT PROJECT For personal use only Regional Geophysics • Recent gravity survey ahs provided important information on the architecture and deep rock types • Recent regional Induced Polarisation (IP) survey has highlighted multiple VMS and gold targets 1 see ASX announcement dated 25 September 2015
Slide 26: Stavely Project
For personal use only STAVELY PROJECT
Slide 27: Stavely Project prospects and resource
STAVELY PROJECT For personal use only • Thursday’s Gossan chalcocite enriched blanket – Inferred Mineral Resource of 28Mt at 0.4% copper containing 107kt copper • Thursday’s Gossan porphyry • Junction porphyry • Fairview Gold prospect • Wickliffe VMS prospect • Patanga porphyry prospect
Slide 28: Structural setting similar to Cadia Valley
STAVELY PROJECT For personal use only • Similar structural setting to Cadia Valley • ~N-S trending volcanic belt • Major NW trending structures
Slide 29: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only • Porphyries are large metal systems with a well understood alteration zonation typically an order of magnitude larger than the deposit itself – ie. The ‘hydrothermal system’ has a large footprint that has a recognisa
Slide 30: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only • Porphyry deposit examples from as early as Archaean age • Likelihood of porphyry deposit preservation decreases with age due to erosion and crustal recycling
Slide 31: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only
Slide 32: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only
Slide 33: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only
Slide 34: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only
Slide 35: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only • Despite the reduced likelihood of preservation, the ‘ancient’ porphyries are disproportionately gold-rich • The better value per tonne allows development by less obtrusive yet very cost-efficient block-cave mining m
Slide 36: Evidence Thursday's Gossan is an alkalic copper-gold porphyry
STAVELY PROJECT But what evidence that the Thursday’s Gossan For personal use only porphyry is an alkalic copper-gold porphyry? • Zones of pervasive hematite alteration • Strongly negative 34 sulphur isotope values • Metal ratios – gold and silver rich – 5m @ 1.4% copper, 0.25g/t gold and 11 g/t si
Slide 37: For personal Sr/Y use only
1000 For personalSr/Yuse only 100 SW Pacific Fertile Chile-Peru Fertile SW USA Fertile 10 China Fertile Sunda Arc Barren Vanuatu Arc Barren NParkes Mineralized Lalkaldarno Tonalite SMD001 1 50 55 60 65 70 75 80 SiO2% Plot provided by Professor Tony Crawford (UTAS), after Loukes, R.R., 2014, Distinct
Slide 38: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only Stavely Minerals drilled 3 deep diamond drill holes (between 532m to 640m deep) into an induced polarisation (IP) chargeability anomaly
Slide 39: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only Drilling intercepted well-developed phyllic alteration (sericite- pyrite) which corresponded well with the IP chargeability anomaly
Slide 40: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only The three deep diamond drill holes identified a low-angle structural offset to the porphyry system
Slide 41: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only Structural analysis, kinematic indicators, white mica shortwave infra-red absorption features and sulphur isotope results all concur the porphyry ‘core’ has been transposed north and east beneath the structural zone. What do investors
Slide 42: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only New IP survey lines to extend coverage to east and north where structural model say the target porphyry ‘core’ has been transposed
Slide 43: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only New IP chargeability anomalies on both lines: • Line 261350, anomaly under low-angle structure • Line 10600, strong chargeability anomaly 1
Slide 44: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only Very positive results from drilling the IP chargeability anomaly – increasingly intense alteration, very ‘busy’ drill core, low-grade copper mineralisation in peripheral alteration Intercepted a low-angle structure at ~400-480m dep
Slide 45: Work Programmes
For personal use only WORK PROGRAMMES
Slide 46: Work Programmes
WORK PROGRAMMES Work programme for the Ararat Project For personal use only • At Mt Ararat, additional surface geochemistry and IP geophysics to identify additional base metal–gold mineralised horizons in advance of drilling - Done • Drill targets – Drilling in-progress • Reconnaissance soil geochem
Slide 47: Thank You
STAVELY MINERALS For personal use only Thank You Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The
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