Resolution Minerals Ltd. · ASX:RML
Resolution Minerals — AMA 2020 Virtual Convention - Exploration Technical Session
32 slides from Resolution Minerals's conference presentation, Nov 4, 2020
Slide 1: 64North Project - First Year Exploration
AMA 2020 Virtual Convention Exploration Technical Session 64North Project - First Year Exploration Highlights From An Emerging Gold Camp! 4 November 2020 Christine Lawley - Exploration Manager 1
Slide 2: Disclaimer, JORC Information & Competent Persons Statement
DISCLAIMER, JORC INFORMATION & COMPETENT PERSONS STATEMENT T his presentation has been prepared by R esolution M inerals Ltd (R esolution). T his docum ent contains background affects the inform ation included in the announcem ents listed below . inform ation about R esolution current at the date of
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT Duncan Chessell - Managing Director Capital Structure 1 November 2020 Geologist, 20+ years experience in business and oil, gas and mineral exploration (gold, battery and Ordinary Shares (ASX:RML) 279m base metals) and project generation in Australia and Papua New Guinea. Expert in
Slide 4: Alaska Tintina Gold Province – Giant Gold Deposits!
ALASKA TINTINA GOLD PROVINCE – GIANT GOLD DEPOSITS! Resolution’s 64North Project • Within the Yukon Tanana Upland of the highly endowed Tintina Gold Province. • 120km east of Fairbanks. • 660km2 land package surrounds the high-grade 11Moz Au Pogo Mine and falls within the Goodpaster District. • 64No
Slide 5: 64North Project – Goodpaster District Geology
64NORTH PROJECT – GOODPASTER DISTRICT GEOLOGY Goodpaster District – Red Rectangle The Goodpaster District is bound by the Shaw Creek Fault to the NW and the Black Mountain Tectonic Zone to the SE (both left lateral conjugate faults trending SW-NE). Pogo The Goodpaster District geology is dominated b
Slide 6: 64North Project – Historic Data Review
64NORTH PROJECT – HISTORIC DATA REVIEW Distribution of intrusions (80-102 Ma) in the Goodpaster District Considered the main mineralising engine room present throughout un-ex Tintina Gold Province (pink on map) plore d! 64North Project 9 Blocks: LMS-X, Eagle, Shaw, South Pogo, West Pogo, North Pogo,
Slide 7: Mineralisation Styles – What Are We Targeting
MINERALISATION STYLES – WHAT ARE WE TARGETING Reduced Intrusion Related Gold Systems IRGS Applied 3 filters with a focus on economic criteria for IRGS in the district. 1. Mineralisation style Most Favourable: Pogo-style Flat Replacement Veins (1st), Intrusion Hosted and Late Fault Veins 2. Individua
Slide 8: 64North Project – Pogo Trend in Section
64NORTH PROJECT – POGO TREND IN SECTION Syn-mineralisation model of the “Pogo Trend” produced by Dave Larimer (2015). Interplay of hydrothermal fluid source (intrusions), fluid conduits (high angle faults) and dilation zones (low angle regional shear – compression with later extension for more dilat
Slide 9: 64North Project – Pogo Trend in Plan
64NORTH PROJECT – POGO TREND IN PLAN Pogo Trend Includes: • Goodpaster • Pogo Gold Mine un-ex • Tibbs Project plore • West Pogo Block d! • East Pogo / Boundary Intrusion Hosted Includes: • Brink Project • E1 Prospect • 31 Prospects In Total • 5 Priority Prospects; Aurora, Reflection, Echo, Boundary,
Slide 10: Prospect Ranking Pyramid - 31 Prospects
PROSPECT RANKING PYRAMID - 31 PROSPECTS Field Operations 2020 Echo Aurora: Diamond Core drilling program underway ADVANCED + DRILL READY Aurora Geophysics (ZTEM) complete Reflection Echo & Reflection: drilling tested (multi-element pending) E1 E1: Trenching complete, drill ready Q2’21 ADVANCED + DRI
Slide 11: 2020 DGGS Shaw Creek and Shawnee Peak Mag/Rad
2020 DGGS SHAW CREEK AND SHAWNEE PEAK MAG/RAD • Participants in the 2020 DGGS airborne magnetic and radiometric geophysical survey (GPR 2020-16). • Three survey blocks; West Pogo, Eagle & LMS-X.Total: 1961 line km • 3D magnetic models (unconstrained inversions) created to aid drill targeting. • 20AU
Slide 12: Innovative Exploration Techniques: WorldView-3
INNOVATIVE EXPLORATION TECHNIQUES: WORLDVIEW-3 WordView-3 Satellite • 17 spectral bands. • WV3 high resolution (30cm) verse Landsat and ASTER (15m). • Image processing maps: cover type, spectral geology and alteration (35 derivatives). • Concentrations of iron, clay and silica minerals mapped. • Suc
Slide 13: Innovative Exploration Techniques: ZTEM
INNOVATIVE EXPLORATION TECHNIQUES: ZTEM ZTEM (Z-Axis Tipper Electromagnetic System) is an airborne passive electro- magnetic (EM) technique used to map subsurface resistivity contrasts (note: conductivity is the inverse of resistivity). The advantage of using ZTEM is it can cover large areas quickly
Slide 14: Innovative Exploration Techniques: ELF-EM
INNOVATIVE EXPLORATION TECHNIQUES: ELF-EM Extremely Low Frequency Electromagnetics (ELF-EM) is a light-weight (10kg), ground based geophysical system, which typically requires only 2 operators. ELF-EM measures the spatial attitude and ellipticity of the local time varying magnetic field, which refle
Slide 15: West Pogo Block, Aurora Prospect
WEST POGO BLOCK, AURORA PROSPECT Aurora Prospect Favourably positioned along the “Pogo Trend” ~ 1km west of Pogo & Goodpaster. Opportunity Target anomalies immediately along strike, with equivalent; lithological, structural, geochemical and geophysical signatures. 15
Slide 16: West Pogo Block, Aurora Prospect
WEST POGO BLOCK, AURORA PROSPECT Targeting involved the integration of historic mapping, drilling and surface geochemistry with recently acquired CSAMT, ELF- EM, ZTEM, magnetic and radiometric geophysical data sets. With each drill hole, the technical team have acquired a greater understanding of th
Slide 17: Aurora Prospect – Hole #7 (20AU07)
AURORA PROSPECT – Hole #7 (20AU07) • Pogo-style quartz vein. • Thick, flat lying quartz vein demonstrates the right structural setting to create space and focus fluids (dilational zone) but not significant mineralisation. • Maximum grade intersected Aurora Prospect 1.59g/t Au HoleID:20AU01, with typ
Slide 18: Northern Star Pogo Gold Mine 3D Model – NST website
Northern Star Pogo Gold Mine 3D Model – NST website Image sourced from Northern Star Resources (NST) website Diorite Looking north, main L1, L2 (“Liese”) lodes with diorite intrusion (pink) 18
Slide 19: West Pogo Block, Aurora Prospect
WEST POGO BLOCK, AURORA PROSPECT Near miss? Published literature (Larimer et al, 2013) indicates extreme grade variability seen over short distances (50m) in veins at the Pogo Mine. Grid squares ~150m Note: pre-2011 intersections left blank (unverified vertical). gm (gram.metres) = Grade x thickness
Slide 20: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT Boundary Prospect Favourably positioned along the “Pogo Trend” between Pogo Mine /Goodpaster Prospect and the Tibbs Project. Opportunity Apply geophysical techniques (new to the Goodpaster District) to test for blind targets. 20
Slide 21: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT According to Day et al 2007, augen East Pogo ZTEM gneiss/orthogneiss has been thrust upon paragneiss. CSAMT Timing of the thrusting is interpreted at 111 Boundary DDHs 35g/t Au Ma (compressional event), prior to the influx of mineralising fluids between 80- 102 Ma
Slide 22: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT Historic Exploration >100ppb Au broad multi- element soil anomaly (Au- Bi-Te-As-W-Sb) with rock chips up to 24.85g/t Au Historic Drilling - 6 holes 1690m, Western Keltic (2000) & Rimfire (2007) à BND00-04: 0.5m @ 24g/t Au from 147m à BND00-04: 0.1m @ 35g/t Au from
Slide 23: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT CSAMT completed in two orientations across historic Au drill intercepts. Larger survey was focussed on demagnetised zones in areas of mapped paragneiss. Surface sampling and mapping completed across “daylighting” CSAMT anomalies. Quartz Anomalies coincide with thru
Slide 24: East Pogo Block, Boundary Prospect
EAST POGO BLOCK, BOUNDARY PROSPECT RML deem the survey results to be extremely positive given; ü Known mineralisation (35g/t Au) coincides with a resistivity response consistent with Pogo. ü The right host rocks (paragneiss) and structural setting (thrusts) to create space and focus fluids. ü Additi
Slide 25: East Pogo Block, Boundary Prospect – CSAMT Survey
EAST POGO BLOCK, BOUNDARY PROSPECT – CSAMT SURVEY ü Historic high grade mineralisation up to 35g/t Au. ü Conductive response (anomaly) associated with the known mineralisation. ü Survey defined a large, thick contiguous anomaly to the south-west. ü Mapping identified orthogneiss thrust over “conduct
Slide 26: East Pogo & Last Chance Blocks – ZTEM Survey
EAST POGO & LAST CHANCE BLOCKS – ZTEM SURVEY CSAMT Boundary DDHs ZTEM flown coincident beyond a CSAMT. Survey Lines inc. 35g/t Au (400 ohm-m) ZTEM results support the CSAMT anomalies Untested (200-400 ohm-m) and have defined additional n 3D ZTEM io ct anomalies along strike and to the south. Se (200
Slide 27: Eagle Block, E1 Prospect - Location
EAGLE BLOCK, E1 PROSPECT - LOCATION E1 Prospect Large-scale Intrusion Hosted Gold Potential Opportunity Target anomalies, with equivalent; lithological, structural, geochemical and geophysical signatures to Fort Knox & the Brink Project. Causative intrusion is 5x that of Fort Knox, one of the most p
Slide 28: Eagle Block, E1 Prospect – Historic Work
EAGLE BLOCK, E1 PROSPECT – HISTORIC WORK Elevated Au geochemistry • 40km2 footprint • Rock chips to 8g/t Au • Soils to 1280ppb Au • Stream Sediments 556ppb Au • Historic drill intersections max 14g/t Au (EA04-08) 2020 Field Program • Airborne magnetics survey • Structural analysis • Road constructio
Slide 29: Eagle Block, E1 Prospect – 2020 Trenching
EAGLE BLOCK, E1 PROSPECT – 2020 TRENCHING E1 Prospect Sympathetic e • Structural analysis of historic Z on Corridors ear drilling determined off-shoot Sh shears and sympathetic corridors host highest grades. • Furthermore, a prospective Trenches step-over zone was identified. • The structural interp
Slide 30: Summary
SUMMARY Year 1 Successes Attributed To; ü Strong technical team - Australian & Northern American geoscientists ü 6 months detailed desktop review & methodical target ranking - leveraging from historic work ü Application of innovative exploration techniques (WV3, ZTEM, ELF-EM, CSAMT, Clay Separation)
Slide 31: References
REFERENCES Arne, D. & MacFarlane, B., 2014. Reproducibility of Gold Analyses in Stream Sediment Samples from the White Gold District and Dawson Range, Yukon Territory, Canada. Association of Applied Geochemists, Explore;164: 1-11. Dusel-Bacon, C., Holm-Denoma, C.S., Jones, J.V., Aleinikoff, J.N. & M
Slide 32: Contact
CONTACT Authorised for release by Duncan Chessell Managing Director Resolution Minerals Ltd ASX:RML +61 8 6118 7110 info@resolutionminerals.com Level 4, 29-31 King William Street Adelaide SA 5000, AUSTRALIA www.resolutionminerals.com christine@resolutionminerals.com 32
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