Arrow Minerals Limited · ASX:AMD
Arrow Minerals — Investor Presentation (May 2020)
26 slides from Arrow Minerals's investor presentation, May 26, 2020
Slide 1: Gold in West Africa, Copper-Gold in Australia
Gold in West Africa, Copper-Gold in Australia The Future Looks Bright May 2020
Slide 2: Disclaimer
Disclaimer • This presentation has been prepared by Arrow Minerals Limited (Arrow 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 form and does not purport to be complete. This presenta
Slide 3: Two Jurisdictions – Great Potential
Two Jurisdictions – Great Potential • Planned follow up drilling on Dassa Gold Discovery targeting JORC resource ($300k pre- paid drilling available) • Planned EM programs on high priority Cu-Au VMS targets at Strickland to finalise drilling targets • Drilling at Strickland on best EM/Geochem target
Slide 4: Company Overview
Company Overview Gold Discovery in Burkina Faso Next Discovery – Base Metals in Australia Highly Prospective Projects Market Capitalisation $6.3m1 Gold discovery in Burkina Faso – drilling planned Financial Assets $694k2 to extend and grow Gold-copper potential demonstrated in Western Shares on issu
Slide 5: Arrow Board and Management
Arrow Board and Management Board and Management with significant experience at Rio Tinto, BHP, WMC, Evolution, Shell Dr Frazer Tabeart PhD, BSc (Hons), ARSM, MAIG Howard Golden BA, MSc, RPGeo, FGS, FSEG, MAIG Tommy McKeith B.Sc (Hons), GDE (Mining), MBA CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIREC
Slide 6: Strategy: High Impact Exploration, Major Discoveries
Strategy: High Impact Exploration, Major Discoveries ➢ Two world-leading provinces - West African Craton and Yilgarn Craton Australia ➢ Successful systematic exploration – proven by Dassa gold discovery, Burkina Faso ➢ High quality copper-gold targets defined at Strickland, Western Australia ➢ Compl
Slide 7: Asset Overview – Burkina Faso
Asset Overview – Burkina Faso Page 6
Slide 8: Burkina Faso – Mining Powerhouse in only 14 Years
Burkina Faso – Mining Powerhouse in only 14 Years ➢ Stable emerging democracy ➢ Fourth largest gold producer in Africa – all in past 14 years ➢ Hosts 22% of the prospective Birimian Greenstone Belt ➢ 29% of West African exploration expenditure – ($190m in 2017) ➢ Favourable business environment ▪ 10
Slide 9: Burkina Faso Portfolio
Burkina Faso Portfolio Divole ➢ 211km2 of tenements hosting new Dassa gold discovery ➢ Divole East mineralisation 7 km from Dassa drilled in 2019 Boulsa ➢ 499km2 of tenements on the Markoye Fault which hosts the Taparko, Sanbrado, Bombore, Essakane and Kiake gold deposits Hounde South / Nako ➢ 375km
Slide 10: Burkina Faso Flagship Project Dassa Gold Discovery
Burkina Faso Flagship Project Dassa Gold Discovery Page 9
Slide 11: Dassa – New Gold Discovery
Dassa – New Gold Discovery ➢ New discovery in previously unexplored area withing Divole project – continuous mineralization up to 45g/t Au ➢ 6,175m of RC drilling to date ➢ 3,500m planned targeting Dassa gold 17m @ 3.3g/t Au under cover, southern extension, and Incl. 13m @ 3.8g/t Au eastern down-dip
Slide 12: Dassa – New Gold Discovery
Dassa – New Gold Discovery B B’ C C’ Dassa Section Location Map Hole DWRC19-001 30-31m Sediments w/ quartz - 5.9 g/t Au ➢ Gold intercepts are shallow ➢ Discovery is open laterally and at depth ➢ Gold mineralization is primarily in oxide zone ➢ Gold in siliciclastic sediments above granitoid intrusio
Slide 13: Asset Overview – Australia
Asset Overview – Australia Page 12
Slide 14: West Australian Portfolio
West Australian Portfolio Strickland Gold (100%) ➢ 797 km2 of exploration licences across two unexplored greenstone belts, 180km north- west of Kalgoorlie ➢ Data re-analysis revealed highly anomalous VMS and intrusive style Cu-Au potential ➢ Orogenic gold targets remain to be tested MALINDA Lithium
Slide 15: Australia Flagship Project Strickland Cu-Au
Australia Flagship Project Strickland Cu-Au Page 14
Slide 16: Strickland WA – New Copper-Gold Potential
Strickland WA – New Copper-Gold Potential ➢ Re-analysis of historical Strickland data has led to definition of new copper-gold targets ➢ More than 40,000 historical analyses re- examined – yielded 3 clusters of precious and base metals indicative of VMS and intrusive styles of Cu-Au deposits ➢ Using
Slide 17: Strickland Cu-Au Target T-06
Strickland Cu-Au Target T-06 ➢ T-06 – historical Arrow Au target Target T-06 ➢ Significant base metals association ➢ Cu-Au-Zn VMS target with up to 4.8 g/t Au ➢ Very high pathfinder elements - VMS indicators ➢ Au-Cu-Zn on sediment/BIF horizon intercalated with mafic-ultramafic rock succession ➢ East
Slide 18: Strickland Cu-Au Targets T-08 and T-14
Strickland Cu-Au Targets T-08 and T-14 Target T-08 Target T-14 ➢ T-08 – Cu-Au-Zn VMS target ➢ T-14 – historical Arrow Au target – soils only ➢ Sediments indicate volcanic hiatus – VMS environment ➢ Highly anomalous, soil values up to 283 ppm Cu, ➢ Assays to 9.0 g/t Au, 2,820 ppm Cu and 1,170 ppm Zn
Slide 19: COVID-19 Response
COVID-19 Response Arrow has reacted swiftly to the global COVID-19 crisis, taking the following steps: • Employees are encouraged to work from home and practice social distancing • Field work is suspended until it can be done safely and compliantly • All non-essential travel is cancelled • All Direc
Slide 20: Building on Success to Increase Value
Building on Success to Increase Value ➢ Immediate focus on expanding Dassa Discovery – 3,500m of drilling planned ➢ Gold and VMS exploration to continue at Strickland, Australia – Geophysical surveys to be undertaken ➢ Target definition to continue on other Burkina projects ➢ Anticipated exploration
Slide 21: Arrow Minerals Limited
Arrow Minerals Limited ASX Code: AMD Unit 18, 40 St Quentin Ave Claremont WA 6010 Phone: +61 8 9383 3330 Email: info@arrowminerals.com.au Website: arrowminerals.com.au
Slide 22: Advancing the Exploration Pipeline
Advancing the Exploration Pipeline ➢ NAKO – stream sediment sampling complete – analysis in progress ➢ DYAPYA – east of Dassa – soil sampling planned for Q1 2020 Boulsa Dassa ➢ BOULSA – abuts Sanbrado gold mine (WAF) – stream sediment sampling Dyapya Nako complete – samples ready for analysis ± Divo
Slide 23: Divole East / West – Emerging Gold Camp
Divole East / West – Emerging Gold Camp Divole East Divole West (Dassa) Drilling has now defined mineralised zones at Divole East and West This section of the belt is emerging as a camp with multiple gold discoveries ➢ 22 of 34 drilllholes (4,347m) encountered significant mineralization and defined
Slide 24: Divole East – Drilling Encountered High-grade Gold
Divole East – Drilling Encountered High-grade Gold Divole East Section Location Map A-A’ 500m Sections from Divole East illustrate intersections in three distinct mineralised zones. A-A’ – Mineralised porphyry that extends onto a permit extension to be granted soon B-B’ – Typical Birimian shear zone
Slide 25: Plumridge Nickel JV, WA
Plumridge Nickel JV, WA ➢ Plumridge Nickel JV with Independence Group NL (ASX: IGO), covering 8 tenements in the Fraser Range Complex ▪ IGO – A$3.0bn market cap, owns 100% of the Nova Ni-Cu-Co mine and 30% interest in Tropicana gold mine ➢ IGO 90%, AMD 10% - AMD can elect to contribute or covert to
Slide 26: Malinda Lithium Project, WA
Malinda Lithium Project, WA ➢ Over 1,100km2 of tenements within 10km of the Thirty Three Supersuite – dominant tenement position in the Gascoyne lithium region ➢ Stream sediment sampling, rock chipping and soil sampling identified a significant LCT prospect covering 1.8km x 1.2km ➢ Several outcroppi