Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — Shareholder Meeting (November 2022)
32 slides from Stavely Minerals's shareholder meeting presentation, Nov 11, 2022
Slide 1: Finding the copper the world needs for a low-carbon future
For personal use only Finding the copper the world needs for a low-carbon future The Stavely Copper-Gold Project Dawn of a new world-class copper-gold province in Western Victoria AGM presentation 11/11/2022 ‘Lest We Forget’ 1
Slide 2: Disclaimer
Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities For personal use only ● and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects,
Slide 3: A Modern Australian Copper-Gold Growth Company
A Modern Australian Copper-Gold Growth Company ● First-mover position – largest and most strategic tenement holding in the For personal use only Stavely Volcanic Belt, western Victoria ● Discovery– outstanding shallow high-grade copper-gold-silver discovery (September 2019), the Cayley Lode ● Cayley
Slide 4: First-Mover Position in Victoria's Stavely Arc
First-Mover Position in Victoria’s Stavely Arc Two cornerstone assets – 100%-owned Stavely and For personal use only ● Ararat Projects ● 1,461km2 ground position in Australia’s new exploration hot-spot of western Victoria (Kirkland Lake – Fosterville) ● Majority of exploration since 2014 focused on
Slide 5: Stavely Minerals Limited – Mineral Resources
Stavely Minerals Limited – Mineral Resources ● Thursday’s Gossan includes an extensive chalcocite-enriched For personal use only blanket occurring 30m to 80m below surface - 18Mt at 0.41% copper1 in an optimized open pit ● High-grade Cayley Lode 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag - being re
Slide 6: Discovery Breakthrough – Hole SMD050
Discovery Breakthrough – Hole SMD050 SMD050 For personal use only ● 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth, including: ● 12m at 14.3% copper, 2.26g/t gold and 145g/t silver from 82m, including: ● 2m at 40% copper, 3.00g/t gold and 517g/t silver ● Surprisingly, SMD05
Slide 7: Mineral Resources
For personal use only Mineral Resources 7
Slide 8: Cayley Lode Mineral Resource Estimate
Cayley Lode Mineral Resource Estimate Magma / Butte copper lode-style system – For personal use only ● outstanding exploration target never before seen in Australia ● 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag Indicated Inferred 38% 62% 300m Deep ● Open Pit Mineral Resources within open pit shell o
Slide 9: Open Pit Mineral Resource Estimate – Cayley Lodes
Open Pit Mineral Resource Estimate – Cayley Lodes Cayley Lode Open Pit Resources (red): For personal use only ● Indicated - 5.87Mt at 1.04% Cu, 0.23g/t Au and 7.0g/t Ag Inferred – 1.7Mt at 1.3% Cu, 0.2g/t Au and 9g/t Ag 27% 73% Indicated Inferred 1 Open pit optimisation at US$6/lb copper in yellow,
Slide 10: Open Pit Mineral Resource Estimate – chalcocite blanket
Open Pit Mineral Resource Estimate – chalcocite blanket Chalcocite Blanket Open Pit Resources (green): For personal use only ● Indicated – 15.3Mt at 0.42% Cu, 0.04g/t Au and 1.6g/t Ag Inferred – 2.7Mt at 0.4% Cu, 0.02g/t Au and 1g/t Ag 15% 85% Indicated Inferred ● Remaining 10Mt of identified chalco
Slide 11: Total Open Pit Mineral Resource Estimate
Total Open Pit Mineral Resource Estimate Total In-pit Mineral Resources: For personal use only ● 25.6Mt at 0.62% Cu, 0.1g/t Au, 3.3g/t Ag Indicated – 21.2Mt at 0.59% Cu, 0.1g/t Au and 3.1g/t Ag Inferred – 4.4Mt at 0.75% Cu, 0.1g/t Au and 4.1g/t Ag 20% 80% ppm Indicated Inferred Total Contained: 155,
Slide 12: Cayley Underground Mineral Resource Estimate
Cayley Underground Mineral Resource Estimate Cayley Lode Underground Resources: For personal use only ● Inferred – 1.7Mt at 1.8% Cu, 0.2g/t Au and 6g/t Ag Contained: 31,000t Cu, 11,000oz Au and 330koz Ag • 30m crown pillar removed from Mineral Resources • Open down-plunge and down-dip ppm OPEN OPEN
Slide 13: Where to from here?
For personal use only Where to from here? 13
Slide 14: Vertically Extensive – With Multiple Discovery Opportunities
Vertically Extensive – With Multiple Discovery Opportunities SMD050: 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, For personal use only from 62m drill depth on the UCF SMD173: 43m at 2.60% copper, 0.42g/t gold and 10g/t silver, from 378m drill depth on the UCF underneath the LAS SMD182 : 10.4
Slide 15: Current Programs – How do we see this as a possible development?
Current Programs – How do we see this as a possible development? Option 1 For personal use only A Phase-1 open pit based on high-grade structurally-controlled mineralisation drives an open pit that also captures 18Mt at 0.4% copper in the chalcocite-enriched blanket. Followed by a Phase-2 undergroun
Slide 16: Extend the Cayley Lode at Depth
Extend the Cayley Lode at Depth Completed - shallow Resource drill-out on Ultramafic For personal use only 1. Contact Fault (Cayley Lode), MRE released: 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag 2. Continue to define mineralisation on the Ultramafic Contact Fault below the Low Angle Structure 3. L
Slide 17: The Deep Porphyry Target
For personal use only The Deep Porphyry Target 17
Slide 18: Cayley Lode Discovery – Structurally Controlled (SMD173)
Cayley Lode Discovery – Structurally Controlled SMD173 For personal use only ● 43m at 2.60% copper, 0.42g/t gold and 10g/t silver, from 378m drill depth, including: ● 3m at 10.38% copper, 3.0g/t gold and 71g/t silver from 396m, including: ● 1m at 19.65% copper, 8.29g/t gold and 202g/t silver from 39
Slide 19: Cayley Lode Discovery – Structurally Controlled (SMD182)
Cayley Lode Discovery – Structurally Controlled SMD182 For personal use only ● 10.4m at 4.34% copper, 3.17g/t gold and 11g/t silver, from 421m drill depth, including: ● 4.9m at 6.74% copper, 6.45g/t gold and 19g/t silver from 426m, including: ● 0.9m at 7.17% copper, 30.6g/t gold and 52g/t silver fro
Slide 20: Cayley Lode Discovery – The System Evolving at Depth
Cayley Lode Discovery – The System Evolving at Depth It’s Changing For personal use only Transition from high- sulphidation to intermediate sulphidation assemblage demonstrates increasing: • Copper / Zinc • Copper / Sulphur • Chalcopyrite / Pyrite • Gold (g/t) parity to Copper (%) • Hotter alterat
Slide 21: Carroll's VMS
For personal use only Carroll’s VMS 21
Slide 22: Carroll's Copper Deposit
Carroll’s Copper Deposit (the VMS formerly known as Mt Ararat) • Mineral Resource estimate of 1.0Mt at 2.2% copper, 0.42g/t gold, 5.6g/t Ag and 0.2%zinc1 For personal use only • 800m of strike and drilled to 250m depth • Lots of potential further at depth Cu % 1 reported in compliance with the JORC
Slide 23: Stavely Regional Exploration
For personal use only Stavely Regional Exploration 23
Slide 24: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Despite previous exploration by industry ‘top dogs’ For personal use only Newcrest, Rio Tinto, CRA Exploration and North Limited, Stavely Minerals has a ‘first mover’ advantage ● Almost 1,500km2 of tenure covering ~115km of porphyry-prospect
Slide 25: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● The team has identified 19 regional targets and have active aircore and soil auger programmes For personal use only ● Emerging porphyry discovery at Toora West ● ‘Blind’ discovery under 30m of younger transported cover ● 4 diamond drill hole
Slide 26: Thursday's Gossan – Junction Prospect
Thursday’s Gossan – Massive Opportunity for Discovery Junction Prospect For personal use only ● 2km south of the Cayley Lode ● Largest and highest grade soil anomaly in the project ● Restricted access over the past 10 years ● Aircore drill results including 35m at 3.4% Cu from Cayley Lode 24m See St
Slide 27: Thursday's Gossan – Narrapumelap REE Prospect
Thursday’s Gossan – Massive Opportunity for Discovery Narrapumelap REE Prospect For personal use only ● ~20km south of the Cayley Lode ● Magnetic signature of a central high with an apparent low frequency possible ‘fenetisation’ alteration halo ● Soil auger anomalism to 0.24% TREO+Y ● To be followed
Slide 28: Copper…the Ultimate Future-Facing Commodity
Copper…the Ultimate “Future-Facing” Commodity For personal use only In order to migrate to a low-carbon economy and provide alternative energy solutions, certain strategic minerals are required to build the wind 3.6 tonnes of copper for every MW of wind farms, solar farms, electric vehicles 4 x more
Slide 29: Copper…Compelling Market Fundamentals
Copper…Compelling Market Fundamentals For personal use only There are very few high-quality projects coming on stream in first world jurisdictions Escondida, the world’s largest copper mine: • 1.72% Cu average head grade in 2007 • 0.52% Ore Reserve grade in 2019 CRU estimates a 15 million tonne copp
Slide 30: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways First-mover position (1,461km2) in a potential emerging copper province For personal use only Discovery of structurally-controlled high-grade lode-style copper-gold-silver mineralisation similar to the Magma (Arizona) and Butte (Montana) deposits Intercepts a
Slide 31: Corporate Summary
Corporate Summary CAPITAL STRUCTURE 12-month Share Price to 11 November 2022 For personal use only ASX Ticker SVY $0.60 3,500,000 Share Price (11/11/22) $0.15 Close Volume $0.50 3,000,000 Shares on Issue 323M 2,500,000 Cash (31/09/22) $7.3M $0.40 2,000,000 Market Capitalisation $48.5M $0.30 1,500,00
Slide 32: Contact Us
For personal use only Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it i
Stavely Minerals — Shareholder Meeting (November 2022) on 6ix