Accelerate Resources Ltd. · ASX:AX8
Accelerate Resources — RIU Explorers Conference 2019
20 slides from Accelerate Resources's conference presentation, Feb 19, 2019
Slide 1: RIU Explorers Conference February 2019
For personal use only RIU Explorers Conference February 2019 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: Corporate Snapshot
Corporate Snapshot For personal use only Grant Mooney, Chairman (CA, MAICD) Listed on ASX on14th of Feb,2018 • 30+ years’ experience of corporate governance, capital raisings, M&A. • Director of several ASX resource companies. • Principal of Perth-based corporate advisory firm Mooney & Partners. Ter
Slide 4: WA Gold Projects
WA Gold Projects Mt Read Project For personal use only • 100% owned • 100% Owned • Close to infrastructure • World Class Mineral Province • Historical Drilling and • 508 km² exploration upside Exploration • Large scale Potential • Multiple Targets 4
Slide 5: Mt Read Project – Regional Infrastructure
Mt Read Project – Regional Infrastructure For personal use only ✓ Within the Prospective Zone for Mining and Resource development ✓ No Native Title ✓ Local workforce ✓ 4 ports + Railway to the Mining district ✓ 30 Hydro Power stations ✓ Plenty of Water for large development ✓ R&D Center for Geoscien
Slide 6: World Class Mineral Province
World Class Mineral Province For personal use only Mount Read Volcanic Belt Western Tasmania’s significant base precious metal mines Current Combined Resources: ~368Mt Deposit Company Resources* Copper Mines of Mt Lyell Tasmania 311Mt 0.97% Cu 0.31 g/t Au Avebury MMG Limited 10Mt @1.14%Ni 34Mt @13.8
Slide 7: Mt Lyell Copper Mine
Mt Lyell Copper Mine For personal use only 60km to Thomas Creek Porphyry Deposit 26 Ore Bodies 150 Mt @1% Copper mined 100 Years+ Continuous operation Powered by Hydro-Electricity 7
Slide 8: Mt Read Project
Mt Read Project For personal use only ✓100% Ownership ✓492km² ✓10% of the Mt Read Volcanic Belt ✓Multiple targets : 7 priority targets • Thomas Creek – Copper-Cobalt • Henrietta – Nickel-Cobalt • Hill 99- Copper • More to be followed up ✓De-risked 8
Slide 9: Copper, Cobalt, Gold in soil
Thomas Creek – Copper, Cobalt, Gold in soil For personal use only • Massive sulphides discovered Concentrate Grade • Encountered at surface (20cm) < 7800 ppm Co, 0.86% Cu, 0.81g/t Au* *Refer to Prospectus dated 30 November 2017 for a list of complete exploration results and JORC Table 1 disclosures
Slide 10: Porphyry Signatures
Thomas Creek –Porphyry Signatures For personal use only Strong Geochemical Signature 10
Slide 11: Large Porphyry System in Tier One Mining District
Thomas Creek Large Porphyry System in Tier One Mining District For personal use only ✓Location Mt Read Volcanic Belt, with known porphyry mineralisation at Mt Lyell Cu-Au-Ag Mine ✓Geology Presence of multiple felsic-intermediate intrusions ✓Geophysical Signature Correlating aeromagnetic, radiometric
Slide 12: Large Scale Area
Thomas Creek – Large Scale Area For personal use only 250 m 4.4km Aeromagnetic Surface ~4.4km(L) X ~3Km(W)=~13km² 12
Slide 13: Encouraging Results
Thomas Creek – Encouraging Results For personal use only • All three holes intersected mineralisation • Grades and mineralization improve at depth Interval (m) Cobalt Copper Cobalt cut- Hole ID From To Width ppm % % off TCDD001 150 153 3m 2323 0.23 0.09 500ppm incl. 150 151 1m 2500 0.25 0.13 500ppm
Slide 14: MMT Survey
Thomas Creek - MMT Survey For personal use only Completion of MobileMT survey MobileMT system is the latest innovation in airborne electromagnetics ~415 line-kilometre airborne survey aims to define the 3D alteration and structural controls 14
Slide 15: TCDD004
Thomas Creek - TCDD004 For personal use only 15
Slide 16: Milestones
For personal use only Milestones 16
Slide 17: Large Porphyry Deposits Are In Demand
Large Porphyry Deposits Are In Demand For personal use only • Porphyries are often the largest ore deposits in the world • Often>1Billion tons • Long mine lives • Containing >1 Mt Copper with Gold/Silver • Thomas Creek + Cobalt 17
Slide 18: The Exploration Strategy
The Exploration Strategy For personal use only Growing Thomas Creek ❑Airborne magnetic ❑Airborne EM ❑Regional IP Targets ❑Deep Drilling ❑Consolidate Multiple Datasets Timber Tops-Thomas Creek look a like ❑Airborne magnetic ❑Compiling database Untested Regional Targets ❑Hill 99 - 9.5% Cu, previous dr
Slide 19: Investment Opportunity
Investment Opportunity For personal use only • Large Porphyry system Scale • Cobalt in Pyrite • Thomas Creek Growth Potential • Multiple targets • Tier one Mining District Location • Nearby hydro power and water • Track record of exploration success and discovery Experienced Team • Corporate Governa
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 4/16 Ord Street, West Perth 6872 Email: Yaxiz@Ax8.com.au Western Australia 6005 Website: www.Ax8.com.au Competent Person’s Statement: The information in