Renascor Resources Ltd · ASX:RNU
Renascor Resources — Renaissance Uranium — Third Annual Resources & Energy Investment Symposium and Australia China Minerals Investme (May 2013)
31 slides from Renascor Resources's conference presentation, May 21, 2013
Slide 1: ASX Announcement: Presentations at Investment Symposium and Summit
ASX Announcement For personal use only 21 May 2013 Re: Presentations at the Third Annual Resources & Energy Investment Symposium and the Australia China Minerals Investment Summit Attached please find copies of presentations to be delivered today at the Third Annual Resources & Energy Investment Sym
Slide 2: Eastern Eyre IOCGU Project
Renaissance Uranium Limited ASX code: RNU For personal use only Eastern Eyre IOCGU Project Presented at the Resources and Investment Symposium Broken Hill, 21 May 2013 Geoffrey McConachy, Director Geology Renaissance Uranium 1
Slide 3: Summary
Renaissance Uranium Summary For personal use only Location of Renaissance’s South • Renaissance Uranium is a multi- Australian projects commodity explorer focused on discovery opportunities in key mineral provinces of its home state, South Australia • Management experienced and highly successful in
Slide 4: Corporate profile
For personal use only Corporate profile • ASX code RNU Board of Directors • Shares on issue 114.8m Stephen Bizzell (Chairman) • Options 14.3m* David Christensen (MD) • Cash (31 March 13) $3.1m Geoff McConachy • Share price (15 May 13) $0.050 Chris Anderson • Market capitalisation $5.7m Andrew Martin
Slide 5: Management
Management Successful track-record For personal use only • Experienced uranium mining executive, with recent successful experience managing exploration, mining and marketing operations David Christensen • Previously CEO of Adelaide-based Heathgate Resources and Quasar Resources Managing Director • O
Slide 6: Copper in South Australia
Copper in South Australia Renaissance’s exploration prospects For personal use only • South Australian copper endowment - One giant deposit (Olympic Dam) - Several mid-tier copper deposits - Multiple IOCGU prospects • Copper under- represented - Statistical comparison with global copper provinces su
Slide 7: Eastern Eyre Project Overview
Eastern Eyre Project Overview For personal use only Tenements & EL 4721, EL 5012 and ELA Prominent Hill ownership 12/263 (100%) 214.9 Mt @ 1.23% Cu, 0.5 g/t Au (total resource) Location Southern Gawler Craton Area 1,305 km2 Olympic Dam Primary targets IOCGU 500 Mt @ 1.84% Cu, 570 ppm U3O8, 0.76 g/t
Slide 8: Eastern Eyre Project: Untapped potential
Eastern Eyre Project Untapped potential • Limited historical targeting For personal use only - 1960s to 1980s exploration focused on near- surface geochemical targeting - Limited concentration of drilling • 2000s: Roopena fault as new target area - Geoscience Australia deep seismic survey Roopena:
Slide 9: Targets from historical drilling
Eastern Eyre Project Targets from historical drilling For personal use only • Previous exploration - Thousand of metres drilled - Generally shallow holes over geochemical targets • Untested copper zones - Multiple areas of +500 ppm Cu - 1050 East/1050 prospects Limited testing at depth intersects
Slide 10: 1050 East Prospect
Eastern Eyre Project 1050 East Prospect For personal use only 1050 East 10m @ 0.55% Cu, FW05 Broad, 500m length, +500 ppm Cu zone defined from shallow drilling Limited basement drilling intersects elevated Cu within hematite alteration Anomalous zone provides immediate, untested basement 40m @
Slide 11: Gravity – Wizo Well
Eastern Eyre Project Gravity – Wizo Well For personal use only Historical prospects Wizo Well: elevated show gravity target moderate 2 mGal amplitude gravity over 1,200m x 500m response Within structural control zone Coincident magnetic response Untested Three dimensional gravity image, show
Slide 12: Gravity targets
Eastern Eyre Project Gravity targets For personal use only • Multiple stand-out gravity targets - Widespread over Roopena target zone • Several coincident with geochemical and magnetic prospects • Prime IOCGU drill targets Gravity image (right), showing gravity and geochemical targets Renaissance Ur
Slide 13: Magnetic targets
Eastern Eyre Project Magnetic targets For personal use only • Magnetic prospects - Multiple high magnetic zones coincident with fault systems • IOCGU expression - Comparable magnetic signature to Rex’s Hillside deposit • Untested at depth • Immediate drill targets Magnetic image (right), showing mag
Slide 14: Nilginee prospect
Eastern Eyre Project Nilginee prospect For personal use only • Standout gravity anomaly identified in southern project area - 3 milliGal amplitude over 3 km2 - Anomaly centre coincident with magnetic anomaly and elevated gold - Within 8 km of Arrium’s Moola copper prospect • Additional high priority
Slide 15: Eastern Eyre Project Summary
Eastern Eyre Project Summary For personal use only • Multiple premium IOCGU targets - Olympic Dam IOCGU Belt - Coincident anomalies Image to come Structural control Geochemistry Gravity Magnetics • Untested • Drilling scheduled to commence in June Renaissance Uranium 14
Slide 16: Important notice
For personal use only Important notice Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renaissance Uranium Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reaso
Slide 17: Uranium Exploration in South Australia
Renaissance Uranium Limited ASX code: RNU For personal use only Uranium Exploration in South Australia Presented at the Australia China Minerals Investment Summit 21 May 2013 David Christensen, Managing Director Renaissance Uranium 1
Slide 18: Summary
Renaissance Uranium Summary For personal use only • Renaissance Uranium is a multi- Location of Renaissance’s South commodity explorer focused on Australian projects discovery opportunities in key mineral provinces of its home state, South Australia • Management experienced and highly successful in
Slide 19: Corporate profile
For personal use only Corporate profile Board of Directors • ASX code RNU Stephen Bizzell (Chairman) • Shares on issue 114.8m • Options 14.3m* David Christensen (MD) • Cash (31 March 13) $3.1m Geoff McConachy • Share price (15 May 13) $0.050 Chris Anderson • Market capitalisation $5.7m Andrew Martin
Slide 20: Management
Management Successful track-record in uranium For personal use only David • Experienced uranium mining executive, with recent successful experience managing uranium exploration, Christensen mining and marketing operations Managing • Previously CEO of Heathgate Resources and Quasar Resources Director
Slide 21: Uranium exploration: Frome Basin
Uranium exploration Frome Basin For personal use only Tenements & ownership ELs 3841, 3842, 3844, 3845, 3846, 4584, 4585, 4586, 4672 and 4823 (100%, subject to net smelter royalty of 0.5%-2%) Location From Basin (SA) Area 4,218 km2 Primary targets Sandstone hosted uranium • Major strategic position
Slide 22: Frome Basin: prime uranium exploration territory
Uranium exploration Frome Basin For personal use only • Even in weak market, Frome Basin remains prime uranium exploration territory • Land controlled by major uranium companies and explorers Image still to come Legend Renaissance Havilah Heathgate/Quasar Marmota Areva Others Tenement map (right), s
Slide 23: Aeromagnetic targeting
Uranium exploration Aeromagnetic targeting For personal use only Paralana fault system sources Beverley/Four Mile uranium system AEM shows multiple untested fault structures within Renaissance project area Frome Basin Project, aeromagnetic image showing interpreted faulting systems Renaissance Urani
Slide 24: Immediate target zones
Uranium exploration Immediate target zones For personal use only Basement faults comparable to the Four Mile and Pepegoona setting Targeted faulting system and Four Mile stratigraphy remain relatively untested Immediate drill targets Frome Basin Project, showing historical drilling over interpreted
Slide 25: Uranium exploration: Warrior
Uranium exploration Warrior For personal use only Tenements & ownership ELs 4570 and 4707 (100%, subject to 1% net smelter royalty) Location Central Gawler Craton (SA) Area 433 km2 Primary target Sandstone hosted uranium • Historic uranium project − Discovered in 1970s by PNC Exploration − Extensive
Slide 26: Warrior Project: Location and geology
Warrior Project Location and geology For personal use only Renaissance Uranium 10
Slide 27: Warrior Project: Historical exploration
Warrior Project Historical exploration For personal use only • Discovered by PNC Exploration in 1970s − Former Japanese government-sponsored uranium explorer − +500 drill holes • 15 km uranium-bearing paleochannel − Seven zones of uranium mineralisation − Near-surface (<30m) − Carbonaceous sediments
Slide 28: Warrior Project: Grade review
Warrior Project Grade review • Historical difficulties with For personal use only grade assessment − PNC drilling used traditional down- hole gamma logging and calibration- offsite “Disequilibrium” common in sandstone environments Gamma log from Core assay from diamond core − Later exploration use
Slide 29: Warrior Project: Upside exploration potential
Warrior Project Upside exploration potential For personal use only • Extended paleochannel − Electromagnetic survey implies extensions to uranium-bearing paleochannel • Multiple untested target zones • Opportunity to expand scope − Best case: expand grade and scale of project − Fallback: increase sc
Slide 30: Proposed work programs
Uranium exploration Proposed work programs For personal use only • Frome Basin Project − Reprocess existing AEM data − Drill test defined targets Untested structural targets from magnetic surveys New targets defined from AEM • Warrior Project Insert image of Frome Basin showing proposed drill si
Slide 31: Important notice
For personal use only Important notice Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renaissance Uranium Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reaso