Taruga Minerals Limited · ASX:TAR

Taruga Minerals — Investor Presentation (June 2021)

23 slides from Taruga Minerals's investor presentation, Jun 23, 2021

  1. Slide 1: Investor Presentation June 2021

    For personal use only Investor Presentation June 2021

  2. Slide 2: Corporate Overview

    Corporate Overview A new copper/gold explorer in South Australia Share Price and Volume(1) For personal use only CAPITALISATION DATA(1) A$0.048 505M SHARE PRICE BASIC S/O A$24.2M A$4.1M MARKET CAP NET CASH(2) MANAGEMENT AND BOARD THOMAS LINE GARY STEINEPREIS CHIEF EXECUTIVE OFFICER NON-EXECUTIVE DIR

  3. Slide 3: Management Overview

    Management Overview A strong, diversified and qualified team with extensive experience in exploration and capital markets For personal use only Executive Management Board of Directors Thomas Line | Chief Executive Officer Paul Cronin | Non-Executive Director Eric de Mori | Non-Executive Director • T

  4. Slide 4: Regional Setting: South Australian Projects

    REGIONAL SETTING South Australian Projects For personal use only Gawler Craton – Giant IOCG’s Adelaide Geosyncline – Large Polymetallics • Flinders and Torrens Projects (100% TAR) Located on the Eastern Margin of the Gawler Craton, within the G2 structural Corridor – home to giant IOCG’s such as the

  5. Slide 5: Mt Craig Copper Project (MCCP)

    SUMMARY For personal use only Mt Craig Copper Project (MCCP) 34km of Mineralised Strike with High Grade Drill Results • 34km long mineralised mega-breccia • 65 + historical copper workings from surface over a 34km strike, coincident with the Worrumba Anticline • Huge copper potential – Komoa, Kipush

  6. Slide 6: Wyacca Copper Discovery

    For personal use only SUMMARY Wyacca Copper Discovery High-Grade Sediment-Hosted Copper with Long Strike Potential - Komoan/Zambian Style similarities • Newly discovered sedimentary copper mineralisation (TAR) • Significant intercepts include: RC Drillhole WCRC006 • 5m @ 2.4% Cu from 17m Including 1

  7. Slide 7: Wyacca Geophysics: Long Strike – Sharp EM & IP Anomalies

    For personal use only GEOPHYSICS Wyacca Long Strike – Sharp EM & IP Anomalies • 7km VTEM anomaly and 15km mapped strike • Significant downdip extensions indicated by EM - target unit extends from surface to potentially >1000m downdip Anomaly intensity increases downdip – potential source? • Shallow

  8. Slide 8: Birthday Ridge Prospect (Cu-Ag-Au)

    Mt Craig Copper Project Birthday Ridge Prospect (Cu-Ag-Au) For personal use only Large near-surface target with strong surface mineralisation, geophysical and drilling support • High-grade channel sampling (highest grade 1m @ 4% Cu) • Significant copper intercepts in shallow historical drilling (bes

  9. Slide 9: Morgan Creek Prospect (Cu-Ag-Zn)

    For personal use only Mt Craig Copper Project Morgan Creek Prospect (Cu-Ag-Zn) Large near-surface target – never drilled • Significant magnetic and gravity anomalies with copper sulphide/oxide mineralisation and historical workings outcropping at surface High-grade rock chips from recent recon sampl

  10. Slide 10: Napoleon Prospect (Cu-Ag)

    For personal use only Mt Craig Copper Project Napoleon Prospect (Cu-Ag) Large near-surface target with historical intercepts • Historical high-grade channel sampling results include: • 1.5m @ 3% Cu incl 0.6m @ 6.4% Cu • 7.9m @ 1.7% Cu incl 4.3m @ 2.5% Cu • 1.5m @ 4.8% Cu • Significant copper interce

  11. Slide 11: Hawk Prospect (Au-Cu)

    For personal use only Mt Craig Copper Project Hawk Prospect (Au-Cu) Large near-surface target with historical Au-Cu intercepts • Large >1g/t Au in soils anomaly • Historical reconnaissance drilling intercepted significant gold and copper mineralisation • Best intercept from 3 shallow holes includes:

  12. Slide 12: Iron King (Cu-Fe-Ag-Au)

    Mt Craig Copper Project Iron King (Cu-Fe-Ag-Au) Massive magnetite surrounded by historical copper mines For personal use only • Massive magnetite outcropping over >500m strike surrounded by artisanal Cu mines and mafic volcanics • Significant Cu-Fe-Au-Ag potential • Outcropping Cu-Ag-Fe mineralisati

  13. Slide 13: Flinders IOCG Project

    SUMMARY Flinders IOCG Project For personal use only IOCG targets over 15km of strike • Well defined drill-ready targets over 15km of strike (potential extensions to 60km strike including Torrens Project) • Outcropping high-grade IOCG breccias supported by strong gravity and magnetic anomalies and Cu

  14. Slide 14: Northern Flinders: Woolshed Prospect (IOCG Target)

    For personal use only NORTHERN FLINDERS Woolshed Prospect (IOCG Target) Coincident High-Grade Surface Mineralisation Over 2.5km Strike • Surface mineralisation defined over 2.5km strike-length (open) • Large magnetic/gravity anomalies coincident with major structure, the Mt Stephen Thrust (MST), and

  15. Slide 15: Northern Flinders: Jenkins Group (IOCG Targets)

    NORTHERN FLINDERS Jenkins Group (IOCG Targets) High-Grade Surface Mineralisation over Intense For personal use only Gravity & Magnetic Anomalies • Large magnetic/gravity anomalies defined over > 6km2 zone, coincident with Cu in soils anomaly and outcropping Cu-Au-Ag mineralised iron-breccias Pipe-li

  16. Slide 16: Southern Flinders: IOCG targets at Main Lode and Mt Stephen

    For personal use only GEOLOGY Southern Flinders IOCG targets at Main Lode and Mt Stephen • IOCG drill targets at Main Lode and Mt Stephen Prospects • High-grade outcropping hematite breccias enriched in Cu-Au-Ag-LREE • Long mineralised strike >6km coincident with major structure, the Mt Stephen Thru

  17. Slide 17: Torrens Project: 45km Strike Extension

    For personal use only Torrens Project 45km Strike Extension of Flinders IOCG Targets • Flinders style mineralised breccias identified from surface, up to 45km along strike from northern Flinders Project • Large gravity and magnetic anomalies, with only ~ 10 historical drillholes over a 818km2 projec

  18. Slide 18: Exploration Program - 2021

    For personal use only SOUTH AUSTRALIAN PROJECTS Exploration Program - 2021 High-Grade, Near Surface Copper Focus • Strong pipeline of drill targets for 2021 • RC/Diamond drilling at MCCP currently underway (Wyacca + Morgan’s Creek. with Birthday Ridge planned for Q3 2021) • Detailed reconnaissance e

  19. Slide 19: Social License: Giving Back to the Community

    SOCIAL LICENSE Giving Back to the Community For personal use only Leading by Example and Preparing the Next Generation of Industry Leaders Taruga Minerals Ltd are passionate about making a positive impact in the communities in which we operate. We are passionate about being change-leaders in the Min

  20. Slide 20: Appendix

    For personal use only APPENDIX Appendix

  21. Slide 21: Western Australia: Prospective for nickel, copper, gold and PGEs

    WESTERN AUSTRALIA Prospective for nickel, copper, gold and PGE’S For personal use only • 3 exploration applications adjoining and nearby the Chalice Mines (ASX:CHN)/Venture Minerals (ASX:VMS) JV permits which have potential for Thor and Odin types of Nickel/Copper/PGE mineralisation • Field reconnai

  22. Slide 22: Competent Person Statement & Disclaimer

    Competent Person Statement & Disclaimer The information contained in this presentation has been prepared by Taruga Minerals Limited (Company). For personal use only Competent Person Statement The information in this report that relates to exploration results is based on, and fairly represents inform

  23. Slide 23: Contact

    For personal use only Contact Thomas Line Chief Executive Officer Thomas.line@tarugaminerals.com.au +61 8 9486 4036 Website: www.tarugaminerals.com.au LinkedIn: taruga-minerals-limited Twitter: @MineralsTaruga

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