Investigator Silver Limited · ASX:IVR
Investigator Silver — Investigator Resources — Mining 2013 Conference
28 slides from Investigator Silver's conference presentation, Oct 23, 2013
Slide 1: Paris Silver Project, South Australia
ASX : IVR For personal use only Paris Silver Project South Australia Mining2013 Conference : Brisbane 23-25 October 2013 Paris, Eyre Peninsula
Slide 2: Disclaimer
Disclaimer For personal use only The information in this presentation is published to inform you about Investigator Resources Limited and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that
Slide 3: Presentation Agenda
Presentation Agenda 1. Investment Thesis: For personal use only A maiden resource in a new silver province 2. Corporate Overview; Board & Management 3. Paris silver project - attributes & advantages A. The right geology & location B. Shallow & extensive C. A competitive maiden resource D. Positive i
Slide 4: New Silver Province, Eyre South Australia
New Silver Province, Eyre South Australia The Paris Project Paris silver discovery For personal use only in southern Gawler Craton 2011 – Greenfields discovery - 78 aircore holes 350km - First-pass drilling intersections assay to from 1,000 g/t Ag Adelaide - Sizeable footprint – 1,200m x 400m 2012 –
Slide 5: Maiden Inferred Mineral Resource
Paris maiden Inferred Mineral Resource For personal use only 5.9 million tonnes @ 110g/t silver & 0.6% lead (at 30g/t Ag cut-off) for 20Moz silver & a credit of 38kt lead Grade/tonnage profile Cut-off Specific Tonnage Grade Contained Metal grade gravity Silver (g/t) (Mt) Silver (g/t) Lead (%) Silver
Slide 6: Shareholder / Financial Overview
Shareholder / Financial Overview Capital Structure For personal use only ASX listed since 2007 IVR IVR Share P…Price $0.21 Shares (ordinary): 335.6 M $0.19 Options (unlisted) : 7.1M $0.17 $0.15 Share Price: 6.7c $0.13 $0.11 Market Cap: $24 M $0.09 $0.07 Cash as at 30 September $4.6 M Share Register
Slide 7: Board, Management and Team
Board, Management and Team Directors For personal use only Roger Marshall OBE Chairman Bruce Foy Non Exec Director David Jones Non Exec Director Leadership John Anderson Managing Director Garry Gill Co. Secretary/CFO Colin Skidmore Paris Project Manager Alex Thin Commercial Manager Offices Corporate
Slide 8: Investigator Resources Ltd – Project Location
Investigator Resources Ltd – Project Location For personal use only Paris Silver Project within Peterlumbo JV (75% IVR) Uno/Morgans epithermal silver targets (100% IVR) Roundabout & Spyall IOCGU copper gold targets (100% IVR) South Australian Geology & IVR tenements 8
Slide 9: Silver deposit – the right geological setting
Paris silver deposit – the right geological setting Schematic Cross-Section For personal use only Flat-lying epithermal breccia deposit at the base of an andesite volcanic pile. Similar to a productive style of silver Paris deposits in South America Potential skarn & porphyry deposits Now recognised
Slide 10: Prospect – complex exciting geology
Paris prospect – complex exciting geology For personal use only 10
Slide 11: Prospect geology – mineralised breccias
Paris prospect geology – mineralised breccias For personal use only 11
Slide 12: Prospect geology – mineralised basal zone
Paris prospect geology – mineralised basal zone For personal use only 12
Slide 13: Cross-section Line
Paris cross-section Line 7 200mASL SW NE For personal use only 100mASL 0m (sea level) Drill Hole Trace Mineralised intersection (>30g/t silver) 50m 13
Slide 14: Long Section
Paris Long Section 200mASL SE For personal use only NW 100mASL 0m (sea level) Vertical scale Drill Hole Trace 100m Mineralised intersection (>30g/t silver) Horizontal scale 200m 14
Slide 15: Wireframed >30g/t silver domains
Paris – wireframed >30g/t silver domains Inferred Mineral Resource: For personal use only • Reported to 30g/t Ag cut-off • Restricted to WhittleTM optimised pit shell • Resource ranges from 4m to 150m depth below surface with much of the silver mineralisation within 75m of the surface • 1,200m long
Slide 16: Long section – block model
Paris Long section – block model Shallow resource For personal use only 200mASL NW SE 100m 100mASL WhittleTM pit shell outline Vertical scale 100m Horizontal scale 200m 16
Slide 17: Cross-sections & block models
Paris cross-sections & block models SW NE For personal use only 50m 150mASL 100m 100mASL Cross-section Line 9 200mASL SW NE 150mASL 100m 100mASL 50mASL 0m (sea level) Cross-section Line 7 17
Slide 18: Cross-sections & block models
Paris cross-sections & block models SW NE For personal use only 150mASL 100m 100mASL 50mASL Cross-section Line 5 SW NE 150mASL 50m 100m 100mASL 50mASL Cross-section Line 2 18
Slide 19: Positive initial metallurgical results
Positive initial metallurgical results Metallurgical Sample Leach Characteristics Sample Ore type Grade Grind size Silver Recovery For personal use only number 24-hours 48-Hours (g/t) (%) (%) 1 Shallow oxidised mineralisation 119 P80 of 106µm 40.2 44.8 2 Sulphide - rich zone 1,440 P80 of 106µm 54.2
Slide 20: Comparison with peer deposits
Paris - comparison with peer deposits Paris: 20Moz silver, 110g/t Ag Data from company websites Company Project Date Tonnage Resource Silver Contained Note: For personal use only Grade Silver Maiden resources: (R&R – resource & reserve) Investigator Paris Oct'13 Mt 5.9 g/t 110.0 Moz 20.0 Resource Ty
Slide 21: Silver mines & deposits – selection of size / grade
Silver mines & deposits - selection of size / grade For personal use only Paris Silver Project 21 * Note: Data is from various sources & is approximate
Slide 22: Stacked geology sections
Paris – stacked geology sections Recently intersected trend of For personal use only shallow hydrothermal breccias show potential for internal expansion to the Paris resource Multiple vents offer new silver potential nearby 22
Slide 23: Untested extensions
Paris – untested extensions PPDH112: 4.5m @ 594g/t Ag from 52.7m For personal use only & 1.3m@ 336g/t from 64.3m PPDH139: 3.05m @ 219g/t Ag from 13.9m PPDH123: 5.9m @ 222g/t Ag from 95.3m & 8.7m@ 257g/t from 102.4m PPDH141: 25.5m @ 191g/t Ag from 86.0m Diamond hole 23
Slide 24: Exploration upside – expansion target area
Paris exploration upside - expansion target area For personal use only Background image: residual gravity Expansion target area Paris Alexander East Current drilling covers only part 500m 24 of an extensive target area
Slide 25: Peterlumbo field: satellite silver-in-soil targets
Peterlumbo field: satellite silver-in-soil targets 50% success rate so far with more quality silver & copper targets to be tested For personal use only Alexander - tested Weakly mineralised 25
Slide 26: Advantages of the Paris silver project
Advantages of the Paris silver project For personal use only Large greenfields geological system with first-comer potential Competitive maiden resource – 20Moz silver Shallow – likely open-pittable with possible free dig character High relative grade to open-pit peers Positive initial metallurgy Ope
Slide 27: Future Exploration: Focus on expanding Paris resource
Future Exploration: Focus on expanding Paris resource Proposed A$3m allocation for balance of FY: For personal use only A. Focus on the Paris expansion target area • Diamond drilling (c. 60 holes) of internal & immediate NW & SE open ends to the resource (Aiming to quickly expand resource) • First-p
Slide 28: Appendix: Silver Industry – Supply, Demand & Prices
Appendix: Silver Industry – Supply, Demand & Prices Supply 2011 2012 Silver Price For personal use only Mine Production 757.0 787.0 Net Government Sales 12.0 7.4 Silver Scrap 258.1 253.9 Producer Hedging 12.2 - Total Supply 1,039.4 1,048.3 Uses Industrial Applications 487.8 465.9 Photograph 66.1 57.