Emu Nl · ASX:EMU
Emu Nl — Shareholder Meeting (November 2017)
24 slides from Emu Nl's shareholder meeting presentation, Nov 9, 2017
Slide 1: Annual General Meeting: Big Targets in the Maricunga Gold Belt
For personal use only EMU NL Annual General Meeting Big Targets in the Maricunga Gold Belt Encouraging Results Getting the job done 9 November 2017
Slide 2: Investment proposition
For personal use only Investment proposition EMU is an ASX listed company seeking to deliver tangible outcomes for investors from exploration. This is achieved through: Seeking substantive mineralised systems capable of forming commercially attractive ore deposits that can be developed or exploited
Slide 3: Agenda
For personal use only Agenda Big targets in the Maricunga Gold Belt, Atacama Region, Chile Why we are here and what we seek to find Encouraging results Initial exploration work Has been highly encouraging, high grades in the right rocks Getting the job done Field activities for 2017/18 have commence
Slide 4: Big targets
For personal use only Big targets Images of Barrick Pascua Lama operation and recent Alturas discovery, courtesy of Barrick, Toronto Geological discussion Group April 2016 4 Creating value from exploration for investors
Slide 5: Maricunga Belt, Chile
For personal use only Maricunga Belt, Chile Selected the Maricunga Belt of Chile Established mining region Considerable precious metal endowment with Meaningful exploration potential As evidenced by Recent substantial discoveries • Salares Norte (3.3Moz gold, 42.1Moz silver) discovery 2011 • Alturas
Slide 6: We are looking for large gold-silver deposits
For personal use only We are looking for large gold -silver deposits Exploration in the Maricunga and El Indio Belts have identified large precious metal (gold-silver) deposits in high sulphidation epithermal systems • They have distinct alteration patterns, frequently with an un-mineralised “cap” •
Slide 7: Project details
For personal use only Project details • The Vidalita- Jotahues prospect area occurs ~120km east of the city of Copiapo in the Atacama Region of Northern Chile • Soil sampling by Emu NL defined a target area of dimensions > 4 X 2km, which remains open owing to the extent of the current sampling data
Slide 8: Project details
For personal use only Project details We have substantially expanded our tenement position The area is dominated by major mining companies 8 Creating value from exploration for investors
Slide 9: For personal use only
For personal use only Encouraging Results 9 Creating value from exploration for investors
Slide 10: Alteration mapping
For personal use only Encouraging Results Alteration mapping Landsat imagery is used to identify alteration systems. This information helps target new concessions and set programs for field investigation. 10 Creating value from exploration for investors
Slide 11: Surface geochemistry
For personal use only Encouraging Results Surface geochemistry Results of the soil sampling program from the last field season defined an extensive surface geochemical anomaly measuring > 4km x 2km The anomaly was defined by gold and silver- as well as trace elements that are typically associated wi
Slide 12: Rock chips
For personal use only Encouraging Results Rock chips We have identified and sampled gold and silver- bearing rocks across the Vidalita and Jotahues tenements Equivalence at London close 9/11/17 USD pricing 75g/t silver ≈ 1g/t gold 150g/t silver ≈ 2 g/t gold 12 Creating value from exploration for inv
Slide 13: Rock chips – Vidalita north area
For personal use only Encouraging Results Rock chips – Vidalita north area Individual samples of rocks in this area show better grades of 0.20 g/t Au + 21.2 g/t Ag 4.28 g/t Au + 66.3 g/t Ag 8.98 g/t Au +159 g/t Ag From silicified, iron-rich, oxidized rocks. Silver occurs in significant amounts Equiv
Slide 14: Rock chips – Vidalita central area
For personal use only Encouraging Results Rock chips – Vidalita central area Individual samples of rocks in this area show better grades of 1.57 g/t Au + 35.7 g/t Ag 5.54 g/t Au + 89.7 g/t Ag 14.5 g/t Au + 177 g/t Ag From silicified, iron-rich, oxidized rocks. Silver occurs in significant amounts Eq
Slide 15: Rock chips – Vidalita south area
For personal use only Encouraging Results Rock chips – Vidalita south area Individual rocks in this area show better grades of 3.08 g/t Au + 50.2 g/t Ag 5.24 g/t Au + 14.4 g/t Ag 5.71 g/t Au + 17.8 g/t Ag 32.9 g/t Au + 25.3 g/t Ag From silicified, iron-rich, oxidized rocks with traces of pyrite. Equ
Slide 16: Rock chips – Jotahues Alteration zone
For personal use only Encouraging Results Rock chips – Jotahues Alteration zone We are currently following up earlier mapping of silicified, iron-rich, oxidized rocks The area sits on the margin of a Bismuth large alteration zone with anomaly distinct mercury and bismuth anomalies. Both elements are
Slide 17: A promising structural setting
For personal use only Encouraging Results A promising structural setting …and a distinct and extensive geophysical anomaly 17 Creating value from exploration for investors
Slide 18: What comes next?
For personal use only What comes next? Results from the sampling at Jotahues Completion of the first pass soil sampling program over the Vidalita project Commence the drill testing of the anomalies and targets Additional sampling at Jotahues and follow up drilling if justified Prospecting of regiona
Slide 19: Getting the job done
For personal use only Getting the job done 19 Creating value from exploration for investors
Slide 20: Getting the job done
For personal use only Getting the job done We have assembled an experienced team of geoscientists Our field team was deployed 31 October to follow up the anomalous talus samples and the pyritiferous gold and silver bearing rocks in the north of the Jotahues tenement area A high priority is to comple
Slide 21: Key message
For personal use only Key message Substantive exploration program of geochemical sampling, mapping and drilling to test a large target in a highly prospective region The results to date are consistent with the style of mineralisation sought We have planned a 6-10,000 metre air core drill program and
Slide 22: For personal use only
For personal use only ASX:EMU Ordinary fully paid shares 65.91M Contributing shares 36.58M* *paid to 3c, 3c to pay; no call before 31/12/18 Market Cap November 2017 $14M Cash 31/9/17 ~ $2.3m Relatively small issued share capital Tightly held stock with Top 20 holding ~59% of ordinary shares 22 Creat
Slide 23: Legal Disclaimer
For personal use only Legal Disclaimer Forward-Looking Statements • This presentation has been prepared by EMU NL. This document contains background information about EMU NL current at the date of this presentation. The presentation is in summary form and does not purport be all inclusive or complet
Slide 24: Thank you
For personal use only Thank you ASX: EMU info@emunl.com.au www.emunl.com.au 08 92264266 Follow our progress on twitter @emuasx 24 Creating value from exploration for investors