Accelerate Resources Ltd. · ASX:AX8
Accelerate Resources — Resource Stocks Sydney (May 2018)
20 slides from Accelerate Resources's conference presentation, May 16, 2018
Slide 1: Resource Stocks Sydney Presentation
For personal use only Resource Stocks Sydney Presentation May 2018 ASX: AX8
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation has been prepared by Accelerate Resources Limited (Accelerate or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary for
Slide 3: Mt Read Cobalt
Mt Read Cobalt For personal use only • Thomas Creek Co-Cu-Au • Henrietta Co-Ni-Cu • Hill 99 and more
Slide 4: New Cobalt Projects
New Cobalt Projects For personal use only Mt Read Cobalt Project(s) Multiple Targets Concentrate Grade – < 7800 ppm Co , 0.86% Cu, 0.81g/t Au* Great Setting - Mt Read Volcanic belt Large Scale Potential Ownership - 100% Drilling – Hole number 2 De-risked – Geophys + Geochem + Grade Note: MRV – Mount
Slide 5: World class mineral province
World class mineral province For personal use only Mount Read Volcanic Belt Western Tasmania’s significant base precious metal mines Deposit Company Resources* Copper Mines of Mt Lyell Tasmania 311Mt 0.97% Cu 0.31%Au Avebury MMG Limited 10Mt @1.14%Ni 34Mt @13.8% Zn, Rosebery MMG Limited 4.3%Pb,2.4g/
Slide 6: "Cobalt Country"
“Cobalt Country” For personal use only Co + metals • Large Cobalt targets • 226 km2 (Granted) • Tasmania Strategic Prospectivity Zone • Ensures access for mining AX8 I Page 6
Slide 7: Thomas Creek Cobalt – Drill Targets
Thomas Creek Cobalt – Drill Targets For personal use only Massive Sulphides at Surface AX8 I Page 7
Slide 8: Thomas Creek Cobalt – 500x600m
Thomas Creak Cobalt – 500x600m For personal use only • >500m Cobalt in soil anomaly • Gold in soil • IP anomaly • Magnetic rim • Vegetation anomaly AX8 I Page 8
Slide 9: Thomas Ck Cobalt in Sulphides
Thomas Ck Cobalt in Sulphides For personal use only • Drilling confirming potential • Large area • 1.8 km x 1.2 km • Remains open • Sulphides host Cobalt • Downhole EM to follow • Planned to locate thick zones AX8 I Page 9
Slide 10: Henrietta - 1.4km Co – Ni and VTEM
Henrietta -1.4km Co – Ni and VTEM For personal use only • Surface Cobalt • 2 EM targets • Rock chip in hanging? wall • 0.6% Ni • 4,313 ppm Co* *XRF surface sample • Potential for quick, low cost discovery AX8 I Page 10
Slide 11: Henrietta - Cobalt targets near surface?
Henrietta - 2 Cobalt targets near surface? For personal use only • 2 EM targets to be drilled • Plan to drill in June (subject to weather) • Potential for quick, low cost discovery • Depth to target less than 20m • 1.4km long Henrietta • 200m long discrete Young Henry AX8 I Page 11
Slide 12: Drilling Underway
For personal use only Drilling Underway AX8 I Page 12
Slide 13: Western Australia Gold Projects
Western Australia Gold Projects For personal use only • Bulgera Gold • Mt Monger Gold • Comet Gold • Pilbara Gold Bulgera Open Pit AX8 I Page 13
Slide 14: Bulgera Gold Project
Bulgera Gold Project For personal use only Discovered by Resolute Resources (1988). Rock chip samples returned gold values of 3 to 7g/t Au. Last mined in 2004 by Barrick Gold of Australia （ Gold Price 375 - 454 USD) Two tenements, E52/3276 and E52/3316) with a combined area of 37.3 km2 10km from the
Slide 15: Mount Monger Gold Project
Mount Monger Gold Project For personal use only • Located in an active gold mining district • 8 km east of the Silver Lake Randalls gold mill • Shallow and widespread gold mineralisation over 350m • 11m @ 1.7g/t Au from 24m in MMAC062 • 3m @ 3.2g/t Au from 33m in MMAC066 • 1m @ 4.2g/t Au from 27m in
Slide 16: WA Gold - Pilbara Gold
WA Gold - Pilbara Gold For personal use only Covers part of the Fortescue Group of the Pilbara Craton and includes units of the Hardey Formation Hardey Formation is though to be prospective for conglomerate hosted gold mineralisation 70 km east northeast of Nullagine 31.9 km2 Tenement Area AX8 I Pag
Slide 17: Comet Gold Project
Comet Gold Project For personal use only • E20/908 covering 37.2 km2 (Under application) • 115 km south southwest of Meekatharra • 20 km southeast of Cue • located at the southern end of the Tuckabianna Shear Zone • covers part of the Meekatharra to Mount Magnet Greenstone belt AX8 I Page 17
Slide 18: Corporate Snapshot
Corporate Snapshot For personal use only Listing Shares on Options Share Market Cash at ASX Issue on Issue Date Price Cap Bank 14th AX8 47.6M 15M 14.5c ~6.9M ~$4M Feb,2018 Major Shareholders Shares % Capital Directors Yaxi Zhan 3,000,000 6.30% Andrew Haythorpe 2,500,000 5.25% Grant Mooney 1,000,000
Slide 19: Industry Experience - Directors
Industry Experience - Directors For personal use only Grant Mooney, Chairman Andrew Haythorpe, Executive Director • 30+ years’ experience of corporate • 25+ years’ experience in the mining industry. governance, capital raisings, M&A. • 18 years of experience as a director of companies • Director of
Slide 20: Contacts
Contacts For personal use only Yaxi Zhan Office Address : Postal Address : Managing Director Ground Floor PO Box 938, West Perth, Mob： 0432 024 792 1/16 Ord Street, West Perth 6005 Email: Yaxiz@Ax8.com.au Western Australia 6005 Website: www.Ax8.com.au Competent Person’s Statement: The information in
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