European Resources Limited · ASX:ERE
European Resources — Australian Minerals and Energy Investor Conference 2021
21 slides from European Resources's conference presentation, Mar 17, 2021
Slide 1: Prospech Limited
PROSPECH LIMITED ABN 24 602 043 265 www.prospech.com.au Positioned for Outstanding Leverage to Gold & Silver Exploration Success within the World Class Tethyan Mineral Belt Australian Minerals and Energy Investor Conference – Brisbane 18 March 2021
Slide 2: Disclaimer
DISCLAIMER This presentation also contains statistics, data and other information relating to markets, market sizes, market shares, market positions and other industry data pertaining to the Company's business and markets. Unless otherwise indicated, such information is based on the Company's analys
Slide 3: Corporate & Capital Structure
Corporate & Capital Structure Recent IPO: ASX PRS – Listed 16th December 2020. Raised $5m. $3.5m expenditure planned on drilling over next 2 years Shares on Issue: 88.3m Options on Issue: 17.0m Share Price: $0.135 Market Capitalisation (fully Dil.): $14.2m Enterprise Value:$9.2m Experienced Board &
Slide 4: Key Investment Highlights
Key Investment Highlights • Prospech owns 100% of 204km² of prospective, under explored gold and silver exploration licences • Located in the Tethyan magmatic arc in Slovakia • One of the most prolific global metal belts • Member of the EU and Eurozone - an attractive jurisdiction for foreign invest
Slide 5: Projects Located Within the Prolifically Well Endowed Tethyan Mineral Belt
Disclaimer and Competent Person Statemen Projects Located Within the Prolifically Well Endowed Tethyan Mineral Belt 4
Slide 6: Slovakia: A Favourable Mining Jurisdiction
Disclaimer and Competent Person Statement Slovakia A favourable mining jurisdiction within a European Union legal, accounting and political framework ember ➢ Full European Union, EEC and NATO Member ➢ Fastest growing Eurozone member within the last 10 years ➢ Favourable central geographic location ➢
Slide 7: Slovakia: Mining History and Geological Database
Disclaimer and Competent Person Statement Slovakia A favourable mining jurisdiction within a European Union legal, accounting and political frameworkember ➢ Known mining history dating to Celtic times and earlier ➢ Major production of metals (primarily copper and silver) occurred during the medieval
Slide 8: Multiple Targets
Multiple Targets Six 100% owned projects, Hodrusa-Hamre surrounding currently producing high-grade Rozalia Mine 7
Slide 9: Exploration Update
Naa Ee eee Exploration Update
Slide 10: Zemplin Drilling March 16th 2021
Drilling planned for 2021 and 2022 Zemplin Drilling March 16th 2021 • Zemplin Silver Base Metals (Cejkov Project) now and Anton gold silver zone (Hodrusa Project) next • 2021 program underway - drill testing multiple gold and silver targets for a minimum 10,000 metres • Drilling planned also on the
Slide 11: Current Exploration Focus: Cejkov-Zemplin Silver Prospect, SE Slovakia
Current Exploration Focus: Cejkov-Zemplin (“Zemplin”) Silver Prospect, SE Slovakia • New field season (northern hemisphere springtime) recently commenced • Drilling currently underway • Exploration success from first hole drilled : 3m intercept of massive & semi-massive sulphide (Galena rich) veinin
Slide 12: Operations – Currently Drilling Zemplin Silver Base Metals Zone
Operations – Currently Drilling Zemplin Silver Base Metals Zone 11 12
Slide 13: Zemplin Silver Base Metals Zone – Plan View
Operations – Currently Drilling Zemplin Silver Base Metals Zone – Plan View CZ series of three holes over 2019 Ionic Leach Soils sampling anomaly in background showing over 500m strike extent 12 13
Slide 14: Operations – Currently Drilling Zemplin Silver Base Metals Zone
Operations – Currently Drilling Zemplin Silver Base Metals Zone Significant zones intercepted in hanging and footwall as well as additional hanging wall and footwall zones 13
Slide 15: Hodrusa-Hamre: Underexplored Historic Multi-Million Ounce Gold and Silver Field
Disclaimer and Competent Person Statement Hodrusa-Hamre An underexplored historic multi-million ounce gold and silver field • Hodrusa-Hamre: Top Priority , Primary Exploration Focus • Underexplored: despite substantial historical production over 1,000 years producing an estimated 2.4 Moz Au and 120
Slide 16: Hodrusa-Hamre
Disclaimer and Competent Person Statement Hodrusa-Hamre An underexplored historic multi-million ounce gold and silver field 15
Slide 17: Hodrusa-Hamre Project – Anton Prospect – Next to Drill in Pipeline
Hodrusa-Hamre Project – Anton prospect- Next to drill in Pipeline • Targets preserved with water table noted to have stopped historic production • 17 rock chip samples averaged 8.6 g/t Au and 464 g/t Ag (up to 52.6 g/t Au) • No modern drilling • 20 drill pads permitted, 3D design check completed 16
Slide 18: Drilling to Continue While Awaiting Zemplin Results – Anton Drill Plan
Drilling to continue while awaiting Zemplin Results - Anton Drill Plan – High Grade Historic Zones sampled in situ Historical Mine Workings Permitted Drill Pads 5 17
Slide 19: Prospech Growth Pathway – Use of Funds – March to December 2021 Onwards
Prospech Growth Pathway – Use of Funds – March to December 2021 Onwards Drilling- Zemplin Ag (current) Drilling and Anton Au Ag resource model Krakauer Au Schopfer and LANF Ignac Bauch II Resource Drilling- Jasenie Zemplin Ag Bauch and Ignac III Au Drilling Hodrusa Drilling Ignac Drilling Bauch Scho
Slide 20: Key Summary Investment Highlights
Key Summary Investment Highlights • Current Enterprise Value only $9M • Company providing excellent leverage investment opportunity in sought after commodities upon exploration success • Multiple gold & silver targets ready to drill in a proven multi million ounce geological belt • Large scale & hig
Slide 21: Contacts
Contacts Jason Beckton j.beckton@prospech.com Peter Nightingale pnightingale@prospech.com.au Richard Edwards redwards@prospech.com.au Nicholas Downes nicholas.downes@pelotoncapital.com.au Prospech Limited: Phone 02 9300 3333 http://www.geo.sav.sk/en/structure-of-the-institute/laboratories/laboratory
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