Orbit Resources Limited · ASX:OBT
Orbit Resources — Godolphin Resources — Investor Presentation (March 2022)
25 slides from Orbit Resources's investor presentation, Mar 7, 2022
Slide 1: Investor Presentation
Investor Presentation 7th March 2022 A strategic focus on critical minerals and green metals through ongoing exploration and development in central west NSW
Slide 2: Investment highlights
Investment highlights GRL is focused on the development of projects Multiple near-term discovery catalysts with key assets containing critical minerals and green metals across its to be drill tested over next 3 months established tenement suite in central west NSW Farm-in agreement secured for the N
Slide 3: Corporate snapshot
Corporate snapshot Snapshot Board of Directors Shares on issue 84.1m Non-Executive Chairman Mr Jeremy Read Market capitalisation $12.2m Managing Director Ms Jeneta Owens (at $0.14.5 per share) Options on issue 50.7m Non-Executive Director Mr Ian Buchhorn 52 week high low-high $0.11.5 - $0.21 Non-Exe
Slide 4: A strategic focus on critical minerals and green metals
A strategic focus on critical minerals and green metals The supply of critical green energy minerals is essential for clean energy technologies such as wind turbines and electric vehicles and needs to rapidly increase over the coming decades in order to meet the world’s climate goals. • The transiti
Slide 5: Significant foothold in central west NSW
Significant foothold in central west NSW Lachlan Fold Belt (LFB) in NSW is a world class mining precinct: • One of the largest exploration landholdings in the LFB with over 3,500km2 of highly prospective tenure • Historic mining precinct - multiple new discoveries highlight LFB is elephant country •
Slide 6: Narraburra Rare Earth Element (REE) Project
Narraburra Rare Earth Element (REE) Project Identified as one of Australia’s largest zirconium, REE and rare metal resources. It also hosts significant amounts of lithium GRL has the right to earn up to a 75% interest in the project through a farm-in agreement with private exploration company, EX9 P
Slide 7: Narraburra Rare Earth Element Project
Narraburra Rare Earth Element Project Narraburra is listed as a critical minerals project by the Australian Government’s Australia Trade and Investment Commission* Significant historical exploration includes: airborne magnetic surveys, geological mapping, mineralogical studies, preliminary metallurg
Slide 8: Narraburra: Favourable farm-in and joint venture terms
Narraburra: Favourable farm-in and joint venture terms GRL has entered into a two-tranche farm-in and joint venture agreement with private exploration company, EX9 Pty Ltd, to earn-up to a 75% interest in the Narraburra project First tranche (51% ownership): • GRL must contribute $1m in expenditure
Slide 9: Narraburra: Highly-prospective geology
Narraburra: Highly-prospective geology EL 8420 and EL 9258 span 349km2. Mineralisation is hosted in a fractionated, peralkaline intrusive complex of Late Devonian age Mineralisation extends from surface to ~50m at end of hole, with shallow overburden of clay, sand, silt, and marginal grade mineralis
Slide 10: Narraburra: near term exploration program
Narraburra: near term exploration program Extensive review of Commence approval First assay results from Core drilling to allow historical data with process and landholder maiden drill campaign Bench-scale GRL’s exploration access initiatives to at Narraburra metallurgical test-work team begin RC dr
Slide 11: Yeoval copper gold project
Yeoval copper gold project • Existing JORC 2012 Mineral Resource Estimate of *12.8 Mt at 0.38% copper, 0.14 g/t gold, 2.2 g/t silver & 120 ppm molybdenum • Yeoval Project (EL8538) covers ~290km2 , with over 60 historic copper-gold mine workings along 20km strike length • Recent assessment of data hi
Slide 12: Yeoval copper gold exploration initiatives
Yeoval copper gold exploration initiatives • Multiple prospects hosting economic copper mineralisation identified • Drilling targets identified with exploration plan developed • Initial focus on Yeoval and Cyclops prospects, NW of the Yeoval township – both hosted within the north-trending Devonian
Slide 13: Lewis Ponds – gold, silver and zinc
Lewis Ponds – gold, silver and zinc • JORC 2012 Resource*: 6.20 Mt at 2.0g/t gold, 80g/t silver, 2.7% zinc, 1.6% lead and 0.2% copper • Resource is part of a larger mineral system extending over 9km SE with extensive gold, copper and base metal workings • Located 20km along a broad structural zone f
Slide 14: Increasing the Lewis Ponds opportunity
Increasing the Lewis Ponds opportunity • Targeted four-hole RC drilling program completed in 2021 at Quarry Lode – all holes intercepted sulphides including chalcopyrite (copper mineral) • Quarry Lode is NW of the MRE, drilling has confirmed mineralisation including gold and has been intersected at
Slide 15: Gundagai North and South gold project
Gundagai North and South gold project • Historical gold mining area with substantial historical workings • Extensive soils, rock chip and mapping program taking place on Gundagai Burra Rd. Mapping and North tenement along untested historic workings and favorable geology Soil sampling • 1,139m of RC
Slide 16: Multi-faceted exploration program
Multi-faceted exploration program March 2022 April 2022 May 2022 June 2022 NARRABURRA Finalise data assessment and comment relevant approval processes and landholder access Commencement of extensional and infill RC Drilling to upgrade MRE to JORC 2012 standard GUNDAGAI NORTH Soil sampling & mapping
Slide 17: godolphinresources.com.au
godolphinresources.com.au Unit 13, 11-19 Williams Street Orange, NSW, 2800 Australia Jeneta Owens – Managing Director jowens@godolphinresources.com.au +61 417 344 658
Slide 18: Disclaimer and competent persons statement
Disclaimer and competent persons statement COMPETENT PERSONS STATEMENT DISCLAIMER JORC INFORMATION CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION This Presentation has been prepared with reference to public reports made by Ardea Resources Limited (Ardea) (ASX:ARL) and This Australian Securiti
Slide 19: Appendix 1: Copper Hill East (CHE) copper and gold project
Appendix 1: Copper Hill East (CHE) copper and gold project • Project located in the same volcanic sequence as Boda (50km south) and Cadia-Ridgeway (50km north) • Two drilling phases completed in 2020 • Preliminary indications from work include: – Copper and gold in soils anomaly – Minimum of 7km str
Slide 20: CHE Turrawonga – copper gold porphyry potential
CHE Turrawonga – copper gold porphyry potential • Prospect hosts a magnetic anomaly with coincident Au/Cu anomaly – tested with four RC drill holes, two with diamond tails • Drill holes intersected: Previous results included : – Multiple intrusions • 32m @ 0.29g/t gold & – Zones of strong magnetite
Slide 21: Appendix 2: Unlocking value at Lewis Ponds
Appendix 2: Unlocking value at Lewis Ponds Class Tonnage Grade Contained metal (Mt) Au (g/t) Ag (g/t) Zn ((%) Pb (%) Cu (%) AuEq (g/t) Au (koz) Ag (moz) Zn (kt) Pb (kt) Cu (kt) Inferred 6.2 2.0 80 2.7 1.6 0.2 6.0 398 15.9 170 99 11 Total 6.2 2.0 80 2.7 1.6 0.2 6.0 398 15.9 170 99 11 *Lewis Ponds Res
Slide 22: Appendix 3: 'Discover Thinking' exploration strategy
Appendix 3: ‘Discover Thinking’ exploration strategy GRL is undertaking a multi-discovery strategy across its pipeline of gold and gold/copper projects Objective is to maximise drill targets through prospect generation across entire tenement package – provides significant optionality Targets defined
Slide 23: Appendix 4: Leading technical team to unlock value
Appendix 4: Leading technical team to unlock value Extensive local knowledge and a proven track record of deposit type discoveries Jeneta Owens – Managing Director Melissa Morgan – Senior Exploration Geologist An experienced senior geologist with extensive experience in the A Cu-Au porphyry systems
Slide 24: Appendix 5: Lachlan Fold Belt deposits
Appendix 5: Lachlan Fold Belt deposits • LFB is Australia’s premier bulk- Project Resource Type Reference Resource tonnage gold and copper metal province Lewis Ponds Inferred 6.20Mt at 2.0g/t Au, 80g/t Ag, 2.7% Zn, 1.6% Pb, & 0.2% 1 Cu • Godolphin’s resources using both gold only and gold- Mount Aub
Slide 25: Appendix 6: Resource Inventory
Appendix 6: Resource Inventory SUMMARY OF MINERAL RESOURCES (JORC 2012) CONTAINED WITHIN GODOLPHIN TENEMENTS Tonnes Contained Contained Contained Contained Contained Project Au (g/t) Ag (g/t) Zn (%) Pb (%) Cu (%) (Mt) Au (koz) Ag (moz) Zn (kt) Pb (kt) Cu (kt) Mt Aubrey 1.21 1.61 - - - - 63 - - Yeova
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