Locality Planning Energy Holdings Limited · ASX:LPE
Locality Planning Energy — Stratum Metals — Investor Presentation (November 2012)
24 slides from Locality Planning Energy's investor presentation, November 2012
Slide 1: Investor Presentation November 2012
Investor Presentation November 2012 stratummetals.com.au ASX:SXT
Slide 2: Disclaimer
Disclaimer This presentation may contain certain forward looking statements and projections regarding: • estimated, resources and reserves; • planned production and operating costs profiles; • planned capital requirements; and • planned strategies and corporate objectives. Such forward looking state
Slide 3: Stratum's vision is simple…
Stratum’s vision is simple… Reward shareholders from the early stage production of our resource assets whilst continuing to explore our defined exploration targets. 3
Slide 4: Milestones
MILESTONES • Executed binding Heads of Agreement for a major acquisition: the ‘Menzies Gold Consolidation’ • New tenement acquisitions • Incorporated Stratum Coal Pty Ltd • High grade gold results from 35 hole RC drilling program totalling 4,780m at Gidgee gold project • Raised AUD$4,000,000 oversub
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT TOP 15 SHAREHOLDERS HSBC Custody Nominees 8.6% MARKET STATUS Holland International 7.5% Initial Public Offering ($0.20 per share) 20,000,000 Ross Maxwell Daisley & Marietta Louise Daisley 7.3% Total shares on issue 41,150,003 Mr David Fraser 7.3% Options on issue (25c & 35c)* 6,00
Slide 6: Corporate Strategy
CORPORATE STRATEGY • Stratum Metals Limited (SXT) to focus on gold opportunities with near term production • Equity capital raised within SXT to be allocated to gold project development and exploration • Generate early term cash flow to support robust exploration portfolio • Stratum Coal Pty Ltd to
Slide 7: Experienced Team
EXPERIENCED TEAM MARTIN HOLLAND RICK ANTHON - BA, LLB, MAICD - KENT HUNTER - BBus, CA - FOUNDER AND MANAGING NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR DIRECTOR 25 years experience in corporate and 16 years corporate and company Successfully founded, managed and commercial law (particular experti
Slide 8: Asset Locations
ASSET LOCATIONS • MENZIES GOLD • GIDGEE GOLD • CANNING BASIN COAL 8
Slide 9: Consolidating the Historic East Menzies Goldfield!
CONSOLIDATING THE HISTORIC EAST MENZIES GOLDFIELD! 9
Slide 10: East Menzies Goldfield
EAST MENZIES GOLDFIELD • Stratum has created a unique opportunity via consolidating 52 prospecting licences and 2 mining leases from 11 different entities • Stratum now has a binding Heads of Agreement for the consolidation of 86km2 in the historic East Menzies Goldfield 10
Slide 11: East Menzies Goldfield
EAST MENZIES GOLDFIELD • Geological review indicates past work conducted in isolation on small tenements hasn’t recognised broader geological & structural controls • Consolidated area includes over 100 historic workings, the Goodenough, Granny Venn and Aunt Nellie open pits plus many exploration tar
Slide 12: East Menzies: Goodenough Opportunity for Cashflow
EAST MENZIES: GOODENOUGH OPPORTUNITY FOR CASHFLOW • 2004 Yilgarn Gold Ltd resource estimate for Goodenough 546Kt @ 2.07g/t (36Koz Au) on M29/141 Near surface mineralisation: Avg hole depth of 74m. Historic pit ~80m long & less than 20m deep • 2004 pit optimisation using $560/oz gold price didn’t gen
Slide 13: East Menzies Opportunity for Early Cash Flow
EAST MENZIES OPPORTUNITY FOR EARLY CASH FLOW • Plan to assess mining options and generate cost model December 2012 • Review resource potential based on most cost effective mining option • Undertake limited drill program to better define higher grade shoots & update resource • Investigate milling opt
Slide 14: Massive Sulphide Exploration Potential
MASSIVE SULPHIDE EXPLORATION POTENTIAL • Initial review indicates significant potential to expand on known resources and follow up numerous geochemical gold anomalies. • In addition, a TEM geophysical survey was conducted on M29/189 in 2008 defining moderate to strong anomalies with characteristics
Slide 15: Near Mine Potential
NEAR MINE POTENTIAL • Reports looking at the current resource position at Goodenough and Granny Venn indicate mineralisation has not been closed off by past drilling, providing immediate drill targets. Wireframe of Granny Venn mineralisation & mined pit • Review by consulting geologist R.Dennis N Ge
Slide 16: East Menzies: The Deal
EAST MENZIES: THE DEAL • Binding Heads of Agreement signed with two separate consortia • AUD$100,000 non-refundable instalment paid to secure 45 day Due Diligence period • Second payment of AUD$200,000 payable to proceed beyond Due Diligence period Final consideration for the acquisition: AUD$2,000,
Slide 17: Opportunity to Invest
OPPORTUNITY TO INVEST • In order to progress the Menzies consolidation and move to production SXT will raise up to AUD$5,000,000 through current shareholders, brokers and strategic investors (domestic & international) • Upon successful raising and completion of the Menzies acquisition SXT will have
Slide 18: Gidgee Gold Project
GIDGEE GOLD PROJECT Located on the Gum Creek Greenstone Belt between Sandstone, Meekatharra and Wiluna • Historic production since the 1980’s of 1.5M oz Au • Panoramic Resources (PAN) announce 1.05M oz Au JORC classified resource (21 June 2012) 18
Slide 19: Gidgee Gold Project
GIDGEE GOLD PROJECT • At listing Stratum held two tenements in Gidgee totalling 25 km2 • Since listing 3 PL’s and 4 EL’s have been granted and a further 4 PL’s are in application • Upon granting Stratum will hold tenure of 186 km2 19
Slide 20: German Well South
GERMAN WELL SOUTH • First Gidgee drill program targeted three prospects: GWS best results included 21m @ 5.25 g/t Au and many other additional high grade hits up to 60 g/t Au • 35 RC holes totalling 4,780m drilled in 3 programs • Mineralisation over 270m of strike with intercepts near surface and to
Slide 21: Gidgee The Path Ahead
GIDGEE THE PATH AHEAD • History shows the area is characterised by many deposits ranging from 10’s to 100’s of thousands of ounces Au • Review of past ground exploration and geophysics suggests the limited exploration in Greenstone Belt has significant potential • With increased ground position Stra
Slide 22: Gidgee The Path Ahead
GIDGEE THE PATH AHEAD • The short term path to cash flow is a toll treatment deal or sale to a local producer • Gold mills within trucking distance are: Gidgee (PAN:decommisioned) Bluebird (RDR:recommisioning) Wiluna (AXM:operating) • If our exploration plans are successful potential for a standalon
Slide 23: Summary
SUMMARY • Stratum believes our near term gold production strategy will reward current shareholders and those who choose to participate in funding the upcoming acquisition. • On successful execution of acquisition and implementation of the plan to production, Stratum will be in a robust position both
Slide 24: Contact Details
CONTACT DETAILS Martin Holland Managing Director Stratum Metals Limited Address: 7/151 Macquarie Street, Sydney NSW Australia 2000 Level 45/108 St Georges Terrace, Perth WA, Australia 6000 Ph +61 2 9276 1245 Mob +61 439 747 747 Email martin.holland@stratummetals.com.au 24
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