Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Shareholder Meeting (November 2014)
19 slides from Liontown's shareholder meeting presentation, Nov 26, 2014
Slide 1: Liontown Resources Annual General Meeting
For personal use only Liontown Resources Annual General Meeting 26th November 2014 ASX Code: LTR
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement and Disclaimer: For personal use only • The Information in this presentation that relates to the Exploration Results for the Jubilee Reef and Mt Windsor Projects is extracted from the ASX announcement entitled “Quarterly Activities Report for the quarter ended
Slide 3: Corporate Overview
Corporate Overview For personal use only Focused on discovering stand-alone mineral deposits in Tanzania (East Africa) and North Queensland (Australia) – two of the world’s most prospective metal provinces. ASX Code LTR Shares on Issue ~440 million Market Capitalisation ~$5 million Major Shareholder
Slide 4: Experienced Board and Management
Experienced Board and Management For personal use only TIM GOYDER – Non-Executive Chairman 30 years experience, MD – Chalice Gold, Chairman – Uranium Equities DAVID RICHARDS – Managing Director 30 years experience, former Managing Director – Glengarry Resources CRAIG WILLIAMS – Non-Executive Directo
Slide 5: Project Overview
Project Overview For personal use only • Two key projects • Wholly owned or rights to acquire 100% • Gold focus • Jubilee Reef (Tanzania) • Transfers to 100% pending • Multiple drill targets • Mt Windsor (Queensland) • Wholly owned • High grade gold potential 5
Slide 6: Tanzanian Overview
Tanzanian Overview Potential for large scale gold discovery in Lake For personal use only Victoria Goldfield, northern Tanzania. • Jubilee Reef • Transfers to 100% pending • Extensive gold mineralisation intersected near some of Tanzania’s largest gold mining operations • Four drill ready targets •
Slide 7: The Right Place – Surrounded by Head Frames
The Right Place – Surrounded by “Head Frames” For personal use only Lake Victoria Goldfield • +50Moz gold endowment – home to several world-scale deposits Lake North Mara Victoria • Multiple +10Moz deposits*: • Bulyanhulu (~17Moz) Rupa Suguti • Geita (~12.5Moz) >1Moz Au >10Moz Au • Four operating mi
Slide 8: Jubilee Reef – Highly Promising Results
Jubilee Reef – Highly Promising Results For personal use only Tembo • Significant drill intersections at Masabi Hill and Panapendesa Chela Panapendesa • Broad, near-surface gold zones defined Masabi Hill • 4 new drill targets at Mhandu Tembo, Chela, Mhandu and Koboko • Potential for large- scale gol
Slide 9: Jubilee Reef/Masabi Hill: Large Gold System Confirmed
Jubilee Reef/Masabi Hill: Large Gold System Confirmed For personal use only • Results include: • 62m @ 2.4g/t Au (including 21m @ 4.7g/t Au) • 74m @ 1.8g/t Au (including 23m @ 2.9g/t Au) • 86m @ 1.7g/t Au (including 44m @ 3.0g/t Au) • Gold anomalism open • Potential for large gold system with multip
Slide 10: Jubilee Reef/Masabi Hill – Drilling to confirm high grade trends
Jubilee Reef/Masabi Hill – Drilling to confirm high grade trends Next phase of drilling For personal use only Masabi Hill – Section 438950E • testing for SW/NE to N/S lodes • Targeting extension of 44m @ 3g/t Au (JBRRC118) • 3 RC holes/450m 10
Slide 11: Jubilee Reef/Tembo: Trenching and drilling to confirm continuity
Jubilee Reef /Tembo: Trenching and drilling to confirm continuity For personal use only 10m @ 0.4g/t Au • Newly discovered 12m @ 1.3g/t Au New Gold gold zone Zone • Large, high order, gold-in-soil anomaly • >1.2km gold trend defined by wide spaced (>500m) trenching 4m @ 1.0g/t Au • Open along strike
Slide 12: Jubilee Reef/Chela: Testing major fault zone
Jubilee Reef /Chela: Testing major fault zone For personal use only JLRB677 16m @ • Granitoid intruding CHELA 0.4g/t Au (24-40m) FAULT BIF – Geita analogy • Last holes on 3 lines intersected significant widths of JLRB661 17m @ 0.6g/t anomalous gold Au (28m-EOH) • Ends of lines proximal to major faul
Slide 13: Jubilee Reef – The Next Steps
Jubilee Reef – The Next Steps For personal use only • Jubilee Reef Masabi – confirm orientation of high grade shoots Tembo – define bedrock trends with further trenching and test with drilling Chela – test fault zone for source of anomalous gold in cover Mhandu/Koboko – test soil anomalies 1
Slide 14: Mt Windsor: Regional Setting
Mt Windsor: Regional Setting For personal use only Allandale * *Sale completed/funds received World class mineral province
Slide 15: Mt Windsor: Allandale – High level, epithermal system?
Mt Windsor : Allandale – High level, epithermal system? For personal use only 500m • >4km long system • Anomalous gold and pathfinders at surface – fertile system • Previous drilling (1992) intersected anomalous gold (up to 24m @ 0.2g/t Au from 48m) – no drilling since • Vera-Nancy (Pajingo) analogy
Slide 16: Mt Windsor: Allandale – High level, epithermal system?
Mt Windsor : Allandale – High level, epithermal system? For personal use only WNW Allandale System ? ESE Hg 400m Sb As Au 0m Target Level - >50g x m -400m 500m >0.1Au/1992 DH Proposed DH NW Vera Nancy System ~ 6Mt @ >10g/t Au SE (from Hoschke & Sexton 2005)
Slide 17: Mt Windsor: Allandale – High level, epithermal system?
Mt Windsor : Allandale – High level, epithermal system? For personal use only Proposed Hole Total drilling program – 3 RC/Core holes (1,000m)
Slide 18: Summary
Summary For personal use only • 2 Key Projects (Tanz./Aust.) • Wholly owned or rights to acquire 100% • Drill ready targets • Large mineral systems • Proven regions with operating mines 18
Slide 19: ASX Code: LTR
For personal use only ASX Code: LTR
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