Slide 1: Investor Update
Investor Update May 2013 Managing Director ActivEX Limited Doug Young ActivEX drilling, Florence Bore 2012 Discovering new gold-copper resources May 2013 1
Slide 2: Disclaimer
Disclaimer The presentation (in this projected form and as verbally presented) (“Presentation”) is provided on the basis that none of the ActivEX Limited (Company) nor its respective officers, shareholders, related bodies corporate, partners, affiliates, employees, representatives and advisers make
Slide 3: Company Snapshot
Company Snapshot Issued Capital 244,830,901 Unlisted Options 3,950,000 Market Cap (April 2013, based on 1.7 cents per share) $4.2M Key Holders o ASF Group Limited (30 April 2013) 19.9% o Elite Ray Investments Limited 11.7% o M Ruane (& Associates) 7.4% o Doug Young 4.6% Cash (30 April 2013
Slide 4: Rights Issue
Rights Issue Entitlements Issue – 3 for 5, - new shares (up to) 146,898,540 Issue at 1.2cents per share to raise $1,762,782 Issue price discount to takeover offer from ASF Group (see next page) 20% Not underwritten, no shortfall facility Use of Funds o Barambah drilling $900,000 o Selwyn E
Slide 5: Takeover Bid
Takeover Bid On-market takeover bid from ASF Group (per share) 1.5 cents Applies to both current shares and Entitlement shares Equity value of the Company at the bid price $5.876M Bidders Statement lodged 13 May 2013 Opening Date 28 May 2013 Closing Date 28 June 2013 Un-associated Direct
Slide 6: ActivEX - Key Projects
ActivEX - Key Projects Barambah Selwyn East Siviour Graphite May 2013 Not to scale 6
Slide 7: ActivEX – forward program for remainder of 2013
ActivEX – forward program for remainder of 2013 Amount of drilling will depend on level of available funding, which will depend on results of current rights issue Barambah o drilling to test mineralised shoots at deeper levels (between 130 and 180m below surface) o exploration target of 12,000 – 1
Slide 8: ActivEX Projects - SEQ
ActivEX Projects - SEQ Barambah May 2013 8
Slide 9: Barambah Project – high grade gold/silver
Barambah Project – high grade gold/silver Prepared by ActivEX, Feb 2013 AIV +75% Cracow style high grade gold-silver Bonanza grades o 2m @ 15.9g/t Au, 1,556g/t Ag o 17.15m @ 4.98g/t Au, 118g/t Ag o 5.4m @ 2.64g/t Au, 247g/t Ag Accessible from open pit or shallow underground May 2013 Treatm
Slide 10: Barambah – cross sections
Barambah – cross sections Complex, mineralised, near vertical structural corridor May 2013 Prepared by ActivEX, Feb 2013 10
Slide 11: Barambah – cross sections
Barambah – cross sections Mineralisation hosted in permissive breccias May 2013 Prepared by ActivEX, Feb 2013 11
Slide 12: Barambah – cross sections
Barambah – cross sections Conductive zones associated with mineralisation related to alteration Conductive zones (yellow- orange) repeat at 275-300m depth Potential for additional May 2013 mineralised shoots CSAMT resistivity section – Zonge 2008 12
Slide 13: Barambah Project - new veins found
Barambah Project - new veins found Recently discovered parallel vein system discovered outside tested area High grade gold-silver values o up to 18.6g/t Au and 214g/t Ag North vein extension o up to 11.8g/t Au and 164g/t Ag Drill program planned o Main vein - down plunge May 2013 ActivEX roc
Slide 14: ActivEX Projects - Cloncurry
ActivEX Projects - Cloncurry Selwyn East May 2013 14
Slide 15: Cloncurry – significant holdings
Cloncurry – significant holdings World scale metals province o Resurgent neighbourhood Multiple quality holdings 1049km2 o Holdings doubled in size IOCG targets (iron oxide copper gold) New grants – new targets being generated SELWYN EAST Florence – key project Mt Agate JV – AIV earning
Slide 16: Selwyn East Project – great address
Selwyn East Project – great address Close proximity to historical / new mine developments Cu-Au EPM 18073 Mo-Re Cu Au-Cu ActivEX tenements overlain on oblique Google Earth image 2012 Oct 2012 16
Slide 17: Selwyn East – gossan discovery
Selwyn East – gossan discovery AIV 100%, granted Sept 2011 Radiometrics shows clear thrust structures - related to Merlin-Mt Dore trend Structures splay into AIV ground Heathrow Gossan discovery 2,700ppm Cu, 536ppm Co, 0.17ppm Au, 652ppm Mo, 9,000ppm TREO ActivEX Selwyn East May 2013 Sulph
Slide 18: Selwyn area – late stage fractures
Selwyn area – late stage fractures Hyperspectral data from QLD Mines Department and CSIRO Ferric oxide channel – defines major structures as for radiometrics Also shows late stage brittle (cross) fractures – potential conduits for mineralising fluids Molybdenum rich zone between Merlin and C
Slide 19: Heathrow (SAM) Magnetics
Heathrow (SAM) Magnetics Magnetic anomaly 4.5km long, mostly obscured by sand Gossans located at southern end of anomaly Dolerites associated Disrupted by late brittle fractures Second magnetic anomaly with associated gossans – JFK (2,000ppm copper) May 2013 ActivEX rock samples over Groun
Slide 20: Heathrow (SAM) Conductivity
Heathrow (SAM) Conductivity Strong resistive zone (blue) related to Heathrow gossans Significant conductivity anomaly (white) – main section 1400 metres long, up to 250 metres wide Conductivity anomaly adjacent to granite contact (Merlin position) Conductive anomalies completely covered by s
Slide 21: Heathrow (MMI) Geochemistry
Heathrow (MMI) Geochemistry 60 4000 3500 50 3000 Coincident copper and 40 2500 molybdenum anomalies over 30 2000 Mo Heathrow Gossans 20 1500 Cu 1000 10 Heathrow 500 Gossan 0 0 SESN117 SESN116 SESN115 SESN114 SESN113 SESN112 SESN111 SESN110 SESN109 SESN108 SESN107 SESN106 SESN105 SESN104 SESN103 SE
Slide 22: Heathrow (MMI) Geochemistry
Heathrow (MMI) Geochemistry Trial geochemistry program Nov 2012 Identifies gossan zones anomalous in copper MMI geochem shows anomalous zones over conductors (black outlines) Sample program to extend over magnetic (white outlines) and conductive areas completed – results pending Should ena
Slide 23: Eyre Peninsula Graphite Province
Eyre Peninsula Graphite Province Potential world scale graphite province o The Pilbara of Graphite o Active exploration in area o Resources being defined AIV option to acquire multiple holdings by corporate ownership o 1371km2 o Three ELs Attractive logistics/infrastructure o Bitumen highway
Slide 24: Graphite Competitors
Graphite Competitors Monax Mining - Waddikee o Exploration stage o 13.6% TGC in rocks Archer Exploration - Campoona o Resources established o 2.6M tonnes @ 12.3% TGC o Excellent recoveries Lincoln Minerals - Koppio o Resources recently established o 2.25M tonnes @ 15% TGC o Scoping studies com
Slide 25: Graphite Markets/Prices
Graphite Markets/Prices Product Carbon Mesh Grain Size Price Range Market Content Size (per tonne) Size Jumbo Flake 99 – 99.9% +40 >425µm $3500 - $35,000 Large Flake 94 – 97% +80-40 180-425µm $2000 - $3000 0.4Mt Medium 94 – 97% +100-80 150 -180µm $1500 - $2500 Flake Fine Flake 90 – 97% +400-100 38-1
Slide 26: Graphite Outlook
Graphite Outlook Optimistic Conservative May 2013 Source: Industrial Minerals Dec 2012 – Feb 2013 26
Slide 27: Siviour Graphite Deal
Siviour Graphite Deal Option to purchase company o Graphite exploration rights o Metalliferous rights option Establish and prove graphite deposit o Explore and prove graphite deposit o Complete definitive studies for commercial graphite production o List graphite vehicle Google Earth image 2013
Slide 28: Arno Bay EM and graphite prospects
Arno Bay EM and graphite prospects Cowell Cleve Arno Bay Known graphite occurrences 2013 over EM -80 metre image from Cameco 2009, Natmap topography 2005 May 2013 28
Slide 29: Siviour Prospect
Siviour Prospect Non Magnetic Sediments Magnetic Iron Formations Interpreted fold Diamond Drill Hole CRD090 Granite? 0 1 2 km Siviour Prospect, EM -100 metre slice (transparent) over aeromagnetic background, data from Cameco 2009, prepared by Ausmin Development 2012 May 2013 29
Slide 30: Siviour Prospect
Siviour Prospect Graphite hosted by Non Magnetic Sediments Magnetic Iron Formations high grade metamorphic rocks Interpreted fold Diamond Drill Hole Airborne EM data CRD090 o Well defined EM Granite? anomaly o Large, shallow basement conductor o Graphite intersected at eastern end in one hole dr
Slide 31: Siviour Prospect
Siviour Prospect CRD090 o Graphitic mineralisation from 60.7 – 84.6m (24 metres) o Includes 12.4 metres @ 8.1% TGC from 67.7 – 80.1m Graphite hosted by high grade metamorphic rocks 200µm Petrography o Coarse flake size o Mean flakes >100µm (microns) o Hosted by biotite matrix – easy liberation
Slide 32: Other Projects – seeking JV funds
Other Projects – seeking JV funds Florence Copper-Cobalt-Gold o Open pit oxide copper potential o 32m @ 1.09% Cu, 0.12g/t Au, 123g/t Co o 14m @ 2.04% Cu, 1.08g/t Au, 101g/t Co o 4m @ 3.68% Cu, 0.74g/t Au, 226g/t Co Florence Project SAM 2012 Esk Trough Copper-Gold o White Horse supergene enrichme
Slide 33: Summary
Summary Brisbane-based exploration company with a diverse project portfolio targeting: o high-grade epithermal gold-silver (Barambah Project, SE Qld); o coarse flake open pittable graphite in a world scale graphite province (Eyre Peninsula, South Australia); o copper-gold-molybdenum in the Cloncur
Slide 34: Thank you
ActivEX Thank you The information in this presentation that relates to exploration results is based on information compiled by Mr D Young, who is a Registered Professional Geoscientist (RPGeo) and a Fellow of the Australian Institute of Geoscientists (FAIG) and Ms J Hugenholtz who is a Member of the