Resolution Minerals Ltd. · ASX:RML
Resolution Minerals — Investor Presentation (December 2019)
26 slides from Resolution Minerals's investor presentation, Dec 3, 2019
Slide 1: Investor Presentation December 2019 ASX Release
ASX RELEASE 3 December 2019 For personal use only INVESTOR PRESENTATION DECEMBER 2019 Resolution Minerals Ltd (ASX:RML or Company) includes an Investor Presentation. For further information please contact the authorising officer: Duncan Chessell Managing Director Northern Cobalt Ltd M: +61 414 804 0
Slide 2: Investor Presentation December 2019
For personal use only INVESTOR PRESENTATION December 2019 1
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT Len Dean Chairman Capital Structure 3 rd of December 2019 For personal use only Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Ordinary Shares (m) 108.9 Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Comp
Slide 4: Company Transformation: Agreement to Earn Up to 80% of 64North Project
COMPANY TRANSFORMATION (17 October 2019) AGREEMENT TO EARN UP TO 80% OF THE 64NORTH PROJECT, ALASKA For personal use only • Highly leveraged gold exploration investment opportunity, adjacent to the operating world class Pogo Gold Mine, owned by Northern Star (ASX:NST) • The Company has executed a bi
Slide 5: First Days Since Company Transformation
F I R S T 4 5 D AY S S I N C E C O M PA N Y T R A N S F O R M AT I O N For personal use only Completed ✓ Construction of a spur road from the Pogo Gold Mine Road to the priority Aurora drill targets ✓ Field recovery of historic drill core for multi-element geochemistry from the E1 and ER Prospects ✓
Slide 6: Project North
For personal use only PROJECT 64 NORTH 5
Slide 7: Tintina Gold Province – Goodpaster Gold District
T I N T I N A G O L D P R O V I N C E – G O O D PA S T E R G O L D D I S T R I C T For personal use only Province Gold System • 100m oz Au Endowment • 80-102 Ma Age main mineralizing event Livengood 12.5 Moz Dublin Gulch Cleary Hill Brewery Ck Incl Eagle +7 Moz Ft Knox +13 Moz 1.54 Moz Mine Goodpast
Slide 8: 64North – Tenements & Prospects/Blocks
64NORTH – TENEMENTS & PROSPECTS/BLOCKS For personal use only Large land position surrounding Pogo Gold Mine • 1,174 State mining claims • 660 km2 Pogo Gold Mine Northern Star ASX:NST • 10 M oz gold endowment with exploration upside at the Pogo Gold Mine, with 4 new discoveries announced by ASX:NST •
Slide 9: All Year Round Mine Road Access
ALL YEAR ROUND 24/2 MINE ROAD ACCESS AVAILABLE TO THIS PROJECT, IS A HUGE LOGISTICAL AND COST SAVING ADVANTAGE OVER TYPICAL SUMMER ONLY - HELICOPTER t SUPPORTED PROJECTS IN ALASKA. (4 = Dercen Chissell MD
Slide 10: 64North – Camp Scale Potential
64NORTH – CAMP SCALE POTENTIAL Camp Scale Potential: For personal use only • Granitic Intrusions, age 80-102 Ma, main mineralising engine room present throughout District • 10 M oz gold endowment with exploration upside at the Pogo Gold Mine, with 4 new discoveries announced by ASX:NST • Strong geoc
Slide 11: Pogo Style – Mine Mineralisation Model
POGO STYLE – MINE MINERALISATION MODEL For personal use only Elevated gold/arsenic/bismuth anomaly Gold-bearing quartz veins Low Angle Veins (Liese 1-3, East Deep) Serpentinite, amphibolite • These veins contain the bulk of the ore at Pogo Graphitic schist • 5-20 m thick • Hosted in regional shear z
Slide 12: West Pogo Block – Aurora & Echo Drill Targets
WEST POGO BLOCK – AURORA & ECHO DRILL TARGETS Aurora Targets – highly prospective For personal use only Right Geology – paragneiss & orthogneiss in historic drilling Evidence of vertical feeder systems typical of Pogo-style mineralisation in historic drilling (western end of valley) Highly ano
Slide 13: Aurora Target and Goodpaster Prospect Map
Northern Star's Pogo Gold Mine Goodpaster Prospect Northern Star (ASX:NST) AURORA TARGET 64NORTH PROJECT i ; Pati Sinn mame sad CSAMT Line 6 conductor - - Aurora Creek
Slide 14: For personal use only
For personal use only 13
Slide 15: CSAMT Drill Targeting, Aurora & Echo Targets
LINE 6 CSAMT - DRILL TARGETING, AURORA & ECHO TARGETS Target geological unit interpretation using CSAMT and reference to Pogo Mine site use of same system and published data. For personal use only Drill collar plan with enhanced resistivity colour stretch to assist with target definition 14
Slide 16: West Pogo Block – ER Prospect
WEST POGO BLOCK – ER PROSPECT For personal use only The ER Prospect is not associated with a demagnetised zone, however mineralisation of up to 373 g/t Au over 0.1m in historic drilling (Hole ID: ER03-05) is certainly worthy of further investigation. Our continued work to ascertain alternative contr
Slide 17: Eagle Block – E1 Prospect
EAGLE BLOCK – E1 PROSPECT The E1 Prospect is not a Pogo-style mineralisation. It is For personal use only interpreted to be intrusion hosted IRGS system. Previous work identified significant intervals of • 0.27m @ 14g/t Au from 243m EA04-08 • 0.21m @ 4.5g/t Au from 185m EA04-04 • 1.8m @ 3g/t Au from
Slide 18: North Project – Operations Plan Year One
6 4 N O R T H P R O J E C T - O P E R AT I O N S P L A N Y E A R O N E For personal use only Drilling programs commencing from Q1, 2020 • Aurora Targets first program: five (5) holes for 2,050m • Aurora Targets second program: four (4) holes for 1,800m • Echo Targets first program: four (4) holes fo
Slide 19: 64North Project Agreement
64NORTH PROJECT AGREEMENT For personal use only SUMMARY OF EARN-IN AGREEMENT WITH MILLROCK RESOURCES (TSXV: MRO) 18
Slide 20: Summary of Other Projects
For personal use only SUMMARY OF OTHER PROJECTS 19
Slide 21: The Wollogorang Copper-Cobalt Project (Australia)
THE WOLLOGORANG COPPER-COBALT PROJECT (AUSTRALIA) For personal use only • Stanton Cobalt Deposit Total Mineral Resource Estimate • 942,000t @ 0.13% Co, 0.06% Ni and 0.12% Cu • Significant IP anomalies defined under both Running Creek and Gregjo Prospects potential for Cu-Co with copper and cobalt mi
Slide 22: The Snettisham Vanadium Project (Alaska)
THE SNETTISHAM VANADIUM PROJECT (ALASKA) For personal use only • Three historic gold mines on the property • Drilling approvals in place for - proof of concept drilling of vanadium – magnetite target • Reviewing project for gold potential 21
Slide 23: Disclaimer, JORC Information & Competent Persons Statement
DISCLAIMER, JORC INFORMATION & COMPETENT PERSONS STATEMENT Th i s p r es en t a t i o n h a s b e e n p r ep a r ed b y R es o l u t i o n Mi n er a l s L t d ( Res o l u t i o n ) . Th i s d o c um en t c o n t a i n s b a c k g r o u n d a p p l i c a b l e l a w, Res o l u t i o n d o es n o t u
Slide 24: Contact
For personal use only CONTACT Duncan Chessell Managing Director Resolution Minerals Ltd ASX:RML +61 414 804 055 duncan@resolutionminerals.com Ground Floor 28 Greenhill Road Wayville SA 5034, AUSTRALIA www.resolutionminerals.com 23
Slide 25: Appendix: CSAMT Geophysical Signatures Over the Pogo Mine
APPENDIX: CSAMT GEOPHYSICAL SIGNATURES OVER THE POGO MINE For personal use only Pogo Mine CSAMT Line 512E – Sumitomo interpretation, AMA conference 2018 prior to sale to NST S L1, L2, L3 Liese Veins (Pogo Deposit) N Pogo-style high grade gold veins SP Diorite Pluton LC Diorite Pluton FLT FZ GSCH Dio
Slide 26: Appendix: Northern Star's Goodpaster Discovery
A P P E N D I X : N O R T H E R N S T A R ’ S G O O D PA S T E R D I S C O V E R Y Extract from ASX: NST “Pogo Plant Expansion and Goodpaster Exploration” Link to ASX: NST 16/9/2019 For personal use only The Goodpaster Prospect is considered the continuation of the main Pogo mineralised trend across
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