Renascor Resources Ltd · ASX:RNU
Renascor Resources — Renaissance Uranium — South Australian Exploration and Mining Conference 2011
18 slides from Renascor Resources's conference presentation, Dec 2, 2011
Slide 1: Exploration in the Olary Province and Gawler Craton
Renaissance Uranium For personal use only Exploration in the Olary Province and Gawler Craton Presentation by David Christensen Managing Director South Australian Exploration and Mining Conference 2 December 2011 Renaissance Uranium
Slide 2: 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 3: Corporate
For personal use only Corporate • ASX code RNU • Shares on issue 113,250,000 • Options 13,550,000 (@ $0.24) • Share price $0.055 * Fukishima • Market capitalisation $6.2 million * • Cash $6.7 million * • Top 20 shareholders o 15 Dec. 10 (IPO) 73% o 1 Dec. 11 65% * As at 1 December 2011 Renaissance U
Slide 4: Highlights
For personal use only Highlights • Listed in December 2010 o $8 million raised in oversubscribed IPO o Focus: sandstone-hosted uranium, IOCGU • Successful transition from greenfield to advanced, drill-stage • Multiple opportunities for value from imminent drilling o Near-term gold (Cutana) o Sandsto
Slide 5: Projects Overview
For personal use only Projects Overview • Large gold, uranium and copper tenement position in South Australia and the Northern Territory • 2011: Transition from greenfield to advanced exploration • Olary Province and Gawler Craton: well- suited to RNU strategy for mineral exploration o Accessible o
Slide 6: Cutana Project Overview
Cutana Project Overview For personal use only • Location: Southern Curnamona Province (SA) • Tenement: EL 4394 (100%) • Area: 282 km2 • Target: Gold, located in Proterozoic basement • Exploration model o Basement under shallow cover o Close-spaced multi-element soil sampling • Cost-effective geochem
Slide 7: Cutana Project: First-pass soil geochemical results
Cutana Project First-pass soil geochemical results For personal use only • Multi-element sampling over major interpreted structures at 200 metre intervals • Multiple zones of strongly anomalous gold • Prospects located north and southwest of Exco and Polymetal’s White Dam gold mine • Comparable gold
Slide 8: Cutana Project: Infill soil geochemical results
Cutana Project Infill soil geochemical results For personal use only • 50 to 100 metre multi-element sampling over anomalous zones identified from 200 metre program • Five high priority targets identified • Target dimensions: ~ 200 by 200 metres • Anomalous gold, with coincident silver, copper or ur
Slide 9: Cutana Project Drilling
Cutana Project Drilling For personal use only • 4,000 metre reverse circulation drill program underway • To test five prospects from infill sampling • To continue through January 2012 • Initial results expected 1st Quarter 2012 Drilling at Cutana Project Renaissance Uranium 9
Slide 10: Cutana Project Expansion potential
Cutana Project Expansion potential For personal use only Cutana and Outalpa Project Areas • Outalpa Project: 287km2 • Cutana Project: 282 km2 Renaissance Uranium 10
Slide 11: Pirie Basin Project Overview
Pirie Basin Project Overview For personal use only • Location: Southern Gawler Craton (SA) • Tenements: EL 4400 (100%), EL 3978 (earning 75%) • Area: 734 km2 • Target: Sandstone-hosted, ISR uranium • Exploration model: o Extensive data on basin available: AEM survey and USA work on Mullaquana o Util
Slide 12: Pirie Basin Project: Comparison to Mullaquana uranium deposits
Pirie Basin Project Comparison to Mullaquana uranium deposits For personal use only • Mullaquana: 42 million pound JORC inferred resource (USA ASX release 27 Oct. 11) • Two ore bodies north of RNU’s project area • Owner, UraniumSA (ASX: USA), in development phase • Recent USA reports (from USA ASX r
Slide 13: Pirie Basin Project: ISR-amenable host sequences
Pirie Basin Project ISR-amenable host sequences For personal use only • Thick sequences of ISR-amenable Eocene sands and Miocene calcareous sands in all 26 holes in the eastern target zone • Same host sequences as Mullaquana deposits • Developed over significant thickness (up to 60 metres) • Well-su
Slide 14: Pirie Basin Project: Elevated uranium intersections
Pirie Basin Project Elevated uranium intersections For personal use only • Within primary 10 x 30 km target zone, 26 rotary mud holes completed at 2 km intervals • Elevated gamma response (≥75 ppm eU3O8) in 18 holes • Peak (+100 ppm eU3O8) responses in basement clays • Uranium-mineralised sands in m
Slide 15: Gairdner Project Overview
Gairdner Project Overview For personal use only • Location: Central Gawler Craton (SA) • Tenement: EL 4775 (100%) • Area: 908 km2 • Targets: IOCGU • Exploration model: o Untested, high-amplitude magnetic anomaly o Lower Gawler Range Volcanics Gairdner Project Renaissance Uranium 15
Slide 16: Gairdner Project: Magnetic target
Gairdner Project Magnetic target For personal use only • Ground magnetic survey delineates area of strong magnetic relief parallel to the inferred margin of intrusive Hiltaba granites • Previous drill hole tested gravity high (2 km south of magnetic centre) • Untested magnetic anomaly shows similari
Slide 17: Gairdner Project: Epithermal silver potential
Gairdner Project Epithermal silver potential For personal use only • Geologic setting: Lower Gawler Range Volcanics • Comparable to Investigator Resources’ (ASX: IVR) Paris epithermal silver project • Historical surface sampling from Gairdner: 150 ppm Ag • Next steps: systematic soil sampling and dr
Slide 18: Year ahead
For personal use only Year ahead • Active news flows from multiple projects o Cutana: results from current drill program o Pirie Basin: resumption of drilling o Gairdner: initial drill results • Adding value through on-going business development o New tenement applications o Corporate opportunities
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