Orion Minerals Limited · ASX:ORN
Orion Minerals — Orion Gold NL — Resources Rising Stars (October 2013)
26 slides from Orion Minerals's conference presentation, Oct 1, 2013
Slide 1: Exploring Australia's Hottest Addresses
Exploring Australia’s Hottest Addresses ASX Code: ORN • Dominant landholding in WA’s Fraser Range belt • Compelling Ni-Cu targets defined: drilling Q4 2013 • Exciting gold targets to test: drilling Q4 2013 • Targeting Ni-Cu-PGE potential in Victoria’s Walhalla Goldfield: drilling Q4 2013 • Epitherma
Slide 2: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements • Certain statements contained in this presentation, including information as to the future financial or operating performance of Orion Gold NL and its projects, are forward-looking statements. Such forward-looking statements: • are necessarily based upon a
Slide 3: Orion: Corporate Summary
Orion: Corporate Summary • Orion has been recapitalised (over $7M raised in 2013) and repositioned: • 2 major acquisitions in Western Australia’s Fraser Range Province • Pegged licences covering significant epithermal project in Queensland Capital Structure Summary (1) Shares on Issue 201M Options o
Slide 4: People: A Highly Experienced Team
People: A Highly Experienced Team The Board Denis Waddell Chairman Chartered Accountant. Extensive experience in the management of exploration and mining companies. Founding director of Tanami Gold NL from 1994 until November 2012. Previously Finance Director – Metana Minerals Group. Errol Smart CEO
Slide 5: Key Assets: Gold and Polymetals
Key Assets: Gold and Polymetals • Fraser Range Gold-Nickel -PGE Project – located in the emerging Fraser Range Belt, between two of the most significant Australian mineral discoveries of the past decade (Nova and Tropicana) • Walhalla Gold Project – world-class gold field in Victoria with +4Moz hist
Slide 6: Fraser Range: The Right Neighbourhood
Fraser Range: The Right Neighbourhood • Strategic holding located between two of the most significant Australian discoveries of the past decade: • Nova-Bollinger (Ni-Cu) – Sirius Resources • Tropicana (Au) – AngloGold Ashanti / Independence Group • Currently one of the world’s “hot spots” for nickel
Slide 7: Fraser Range Ni-Cu-PGE: Lessons From Nova-Bollinger
Fraser Range Ni-Cu-PGE: Lessons From Nova-Bollinger • Diagram above is taken from Sirius Resources ASX Announcement 6 March 2013 and shows the geological setting of the Nova - Bollinger Deposits • Magmatic sulphide deposits hosted by a mafic intrusive complex, with associated brecciation and bounded
Slide 8: Regional Setting – Aeromagnetics & Gravity
Regional Setting – Aeromagnetics & Gravity Tenement package is located within the Albany- Fraser Mobile Belt. Tropicana Tropicana Nova Nova 8
Slide 9: 2013 Acquisitions: Expanding our Footprint
2013 Acquisitions: Expanding our Footprint • Acquired initial 931km2 ground position from Kamax Resources in June 2013, including: Tropicana • Peninsula Ni-Cu-PGE Project • Cundeelee Au Project • Recent acquisition (September 2013) of majority interest (70%) in 2,628km2 of tenements from entities as
Slide 10: Peninsula Project: A Standout Opportunity
Peninsula Project: A Standout Opportunity Anomalous Ni, Cu, Co & S Plan of “The Eye” magnetic anomaly (host of Nova/Bollinger Deposit) at the same scale as Peninsula figure. See Appendix for details. Peak Hole From To Background Nickel 1,427ppm PLRC015 40 41 244ppm Copper 312ppm PLRC015 48 52 38ppm
Slide 11: Putting the indicators together – clear Nova analogy
Putting the indicators together – clear Nova analogy Nova Peninsula (pre-discovery) (poised for discovery) Mafic intrusion Nickel sulphides present in bedrock Copper, Cobalt associated with nickel Magnetic anomaly EM conductor 11
Slide 12: Peninsula – Current Work
Peninsula – Current Work Interpreted Medusa Intrusion Interpreted Peninsula Intrusion PEN_HA2 PEN_HA3 PEN_HA1 N 5km 12
Slide 13: EM Results from Peninsula
EM Results from Peninsula • Three significant EM anomalies associated with magnetic anomalies have been identified by airborne & ground EM • Two lie within the Peninsula Intrusion • One lies adjacent to prominent magnetic anomaly modelled to be mafic body • Drill testing planned for Q4 2013 Interpre
Slide 14: Forward Work Programmes for Fraser Range
Forward Work Programmes for Fraser Range • Airborne EM contracted for new Creasy tenements (October) • Ground EM follow up on target areas in all tenements – currently underway • Surface and litho-geochemical surveys planned on target areas in all tenements (may include interface drilling) • Refine
Slide 15: Key Assets: Gold and PGE rich Ni-Polymetals
Key Assets: Gold and PGE rich Ni-Polymetals • Fraser Range Gold-Nickel-PGE Project – located in the emerging Fraser Range Belt, between two of the most significant Australian mineral discoveries of the past decade (Nova and Tropicana) • Walhalla Gold Project – world-class gold field in Victoria with
Slide 16: Walhalla Project, Victoria
Walhalla Project, Victoria Walhalla-Woods Point Goldfield – significant regional, historical high-grade gold production - +4Moz @ >25g/t past production - Continuous reef-style mineralisation - 75km prospective strike length - Existing total Indicated and Inferred Resource 440,000oz (refer Appendix
Slide 17: Walhalla: A Model for Gold and Polymetallics
Walhalla: A Model for Gold and Polymetallics Co-genetic model for Au + Polymetallics Modified after Jowitt, Keays, Jackson, Hoggart, Green : Journal Econ Geol. 2012 17
Slide 18: Walhalla Polymetals: Coopers Creek
Walhalla Polymetals: Coopers Creek CC002 Note small Drills across surface dyke bulge, expression of but above high grade keel zone. mineralisation DH81_ML001 Intersects thin dyke, below and to south of Large bulge bulge keel with anomalous , low grade mineralisation CC003 36m @ • 1.75% Cu • 0.2% Ni
Slide 19: Orion Gold – Walhalla Polymetals Project
Orion Gold – Walhalla Polymetals Project Metal equivalent grade calculations for drill hole CC003 (Coopers Creek) Over 36 metres (303 – 339m) Over 3.5 metres (331.5 – 335m) US$ Au Cu US$ Au Cu Metal Price Grade Grade value/tonne equivalent equivalent value/tonne equivalent equivalent Au US$1,250 0.3
Slide 20: Key Assets: Gold and Polymetals
Key Assets: Gold and Polymetals • Fraser Range Gold-Nickel-PGE Project – located in the emerging Fraser Range Belt, between two of the most significant Australian mineral discoveries of the past decade (Nova and Tropicana) • Walhalla Gold Project – world-class gold field in Victoria with +4Moz histo
Slide 21: Connors Arc Epithermal Au Project
Connors Arc Epithermal Au Project 100 km • Orion’s Connors Arc Project area now comprises three exploration permit applications totaling 593km2 • Immediately along strike from the Mt. Mackenzie high sulphidation epithermal Au mineralisation - a very large, magmatic- hydrothermal system EPMA’s 19825,
Slide 22: Aurora Flats Epithermal Au target
Aurora Flats Epithermal Au target A B Aurora Flats long section (A-B), looking north-west 1.5km of prospective strike (minimum) Superficial cover – no surface expression of vein Au in soils anomaly Au in soils anomaly AFRC002 PDH512 • 4m @ 0.17g/t Au, 20ppm Ag • 6m @ 0.3g/t Au, 1.0g/t Ag from 96m fr
Slide 23: Summary: Reasons to Invest in Orion
Summary: Reasons to Invest in Orion • Well-funded explorer with quality projects in proven mineral provinces • Highly experienced team • Aggressive exploration program in the midst of the Tropicana-Nova region • Drilling aimed at generating newsflow and share price catalysts this year • New approach
Slide 24: Exploring Australia's Hottest Addresses
Exploring Australia’s Hottest Addresses ASX Code: ORN • Dominant landholding in WA’s Fraser Range belt • Compelling Ni-Cu targets defined: drilling Q4 2013 • Exciting gold targets to test: drilling Q4 2013 • Targeting Ni-Cu-PGE potential in Victoria’s Walhalla Goldfield: drilling Q4 2013 • Epitherma
Slide 25: Orion Gold – In situ Mineral Resources at June 2012
Orion Gold Orion Gold NL – In situ Mineral Resources at 30 June 2012 Deposit Cut-off Measured Indicated Inferred Total Au g/t Tonnes Au g/t Tonnes Au g/t Tonnes Au g/t Tonnes Au g/t Ounces Au Tubal Cain 4 --- --- 177,000 7.7 680,000 10.5 857,000 9.9 273,400 Eureka 4 --- --- 36,000 13.9 117,000 8.8 1
Slide 26: Competent Persons Statement
Competent Persons Statement The information in this report that relates to Exploration Results at the Fraser Range Projects complies with the2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (“JORC Code”) and is based on information compil
Orion Gold NL — Resources Rising Stars (October 2013) on 6ix