Slide 1: The Stavely Copper-Gold Project
For personal use only Finding the copper the world needs for a low-carbon future The Stavely Copper-Gold Project Dawn of a new world-class copper-gold province in Western Victoria June 2022 1
Slide 2: Disclaimer
Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities For personal use only ● and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects,
Slide 3: A Modern Australian Copper-Gold Growth Company
A Modern Australian Copper-Gold Growth Company ● First-mover position – largest and most strategic tenement holding in the For personal use only Stavely Volcanic Belt, western Victoria ● A committed explorer – focused on making transformational mineral discoveries since $6m IPO in 2014 ● Discovery–
Slide 4: Corporate Summary
Corporate Summary CAPITAL STRUCTURE 12-month Share Price to 14 June 2022 For personal use only ASX Ticker SVY $0.60 2,000,000 Close Volume Share Price (14/06/22) $0.33 $0.50 1,500,000 Shares on Issue 261M $0.40 Cash (31/03/22) $4.75M $0.30 1,000,000 Market Capitalisation $86M Management and Staff ~2
Slide 5: First-Mover Position in Victoria's Stavely Arc
First-Mover Position in Victoria’s Stavely Arc Two cornerstone assets – 100%-owned Stavely and For personal use only ● Ararat Projects ● 1,461km2 ground position in Australia’s new exploration hot-spot of western Victoria (Kirkland Lake – Fosterville) ● Majority of exploration since 2014 focused on
Slide 6: Stavely Minerals Limited – Mineral Resources
Stavely Minerals Limited – Mineral Resources ● Thursday’s Gossan includes an extensive chalcocite-enriched For personal use only blanket occurring 30m to 80m below surface - 18Mt at 0.4% copper1 ● High-grade Cayley Lode 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag ● Carroll’s VMS Mineral Resource est
Slide 7: Discovery Breakthrough – Hole SMD050
Discovery Breakthrough – Hole SMD050 SMD050 For personal use only ● 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth, including: ● 12m at 14.3% copper, 2.26g/t gold and 145g/t silver from 82m, including: ● 2m at 40% copper, 3.00g/t gold and 517g/t silver ● Surprisingly, SMD05
Slide 8: Cayley Lode Discovery – Shallow, High-Grade Mineralisation
Cayley Lode Discovery – Shallow, High-Grade Mineralisation Magma / Butte copper lode-style system – outstanding For personal use only ● exploration target never before seen in Australia ● Mineralisation so far defined over ~1.5 km strike length to ~400m depth, averaging 10-50m thickness ● Resource d
Slide 9: Cayley Lode Discovery – Resource Drilling Long Section
Cayley Lode Discovery – Resource Drilling Long Section For personal use only OPEN OPEN 9
Slide 10: Cayley Lode Discovery – Amenable to Open Pit and UG
Cayley Lode Discovery – Amenable to Open Pit and UG SMD087 For personal use only ● 87m @ 1.74% Cu, 0.57g/t Au and 20g/t Ag, incl. ● 24m @ 4.19% Cu, 1.27g/t Au and 53g/t Ag, and ● 9m @ 4.09% Cu, 1.83g/t Au and 39g/t Ag Typical of most Cayley Lode intercepts: – a large intercept amenable to open pit b
Slide 11: Cayley Lode Discovery – Structurally Controlled
Cayley Lode Discovery – Structurally Controlled SMD182 For personal use only ● 10.4m at 4.34% copper, 3.17g/t gold and 11g/t silver, from 421m drill depth, including: ● 4.9m at 6.74% copper, 6.45g/t gold and 19g/t silver from 426m, including: ● 0.9m at 7.17% copper, 30.6g/t gold and 52g/t silver fro
Slide 12: Mineral Resources
For personal use only Mineral Resources 12
Slide 13: Cayley Lode Mineral Resource Estimate
Cayley Lode Mineral Resource Estimate Magma / Butte copper lode-style system – For personal use only ● outstanding exploration target never before seen in Australia ● 9.3Mt at 1.2% Cu, 0.2g/t Au and 7.1g/t Ag ● Cayley Lode Indicated Resources: 5.87Mt at 1.04% Cu, 0.23g/t Au and 7.0g/t Ag ● Cayley Lo
Slide 14: Open Pit Mineral Resource Estimate – Cayley Lodes
Open Pit Mineral Resource Estimate – Cayley Lodes Cayley Lode Open Pit Resources (red): For personal use only ● Indicated - 5.87Mt at 1.04% Cu, 0.23g/t Au and 7.0g/t Ag Inferred – 1.7Mt at 1.3% Cu, 0.2g/t Au and 9g/t Ag 1 Open pit optimisation at US$6/lb copper in yellow, Cayley Lode(s) in red repor
Slide 15: Open Pit Mineral Resource Estimate – chalcocite blanket
Open Pit Mineral Resource Estimate – chalcocite blanket Chalcocite Blanket Open Pit Resources (green): For personal use only ● Indicated – 15.3Mt at 0.42% Cu, 0.04g/t Au and 1.6g/t Ag Inferred – 2.7Mt at 0.4% Cu, 0.02g/t Au and 1g/t Ag Open pit optimisation at US$6/lb copper in yellow, chalcocite-en
Slide 16: Total Open Pit Mineral Resource Estimate
Total Open Pit Mineral Resource Estimate Total In-pit Mineral Resources: For personal use only ● 25.6Mt at 0.62% Cu, 0.09g/t Au, 3.3g/t Ag Indicated – 21.2Mt at 0.59% Cu, 0.09g/t Au and 3.1g/t Ag Inferred – 4.4Mt at 0.75% Cu, 0.09g/t Au and 4.1g/t Ag Total Contained: 155,000t Cu, 76,000oz Au and 2.7
Slide 17: Cayley Underground Mineral Resource Estimate
Cayley Underground Mineral Resource Estimate Cayley Lode Underground Resources: For personal use only ● Inferred – 1.7Mt at 1.8% Cu, 0.2g/t Au and 6g/t Ag Contained: 31,000t Cu, 11,000oz Au and 330koz Ag • 30m crown pillar removed from Mineral Resources • Open down-plunge and down-dip ppm OPEN OPEN
Slide 18: Carroll's Copper Deposit (the VMS formerly known as Mt Ararat)
Carroll’s Copper Deposit (the VMS formerly known as Mt Ararat) • Mineral Resource estimate of 1.0Mt at 2.2% copper, 0.4g/t gold, 5.6g/t Ag and 0.2%zinc1 For personal use only • 800m of strike and drilled to 250m depth • Lots of potential further at depth • Yet to see the ‘sulphide mound’ and footwal
Slide 19: Vertically Extensive – With Multiple Discovery Opportunities
Vertically Extensive – With Multiple Discovery Opportunities SMD050: 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, For personal use only from 62m drill depth on the UCF SMD173: 43m at 2.60% copper, 0.42g/t gold and 10g/t silver, from 378m drill depth on the UCF underneath the LAS SMD182 : 10.4
Slide 20: Current Programs – How do we see this as a possible development?
Current Programs – How do we see this as a possible development? 1. A Phase-1 open pit based on high-grade structurally-controlled For personal use only mineralisation drives an open pit that also captures 18Mt at 0.4% copper in the chalcocite-enriched blanket 2. A Phase-2 underground is developed f
Slide 21: Where to from here?
For personal use only Where to from here? 21
Slide 22: Extend the Cayley Lode at Depth
Extend the Cayley Lode at Depth Completed - shallow Resource drill-out on Ultramafic For personal use only 1. Contact Fault (Cayley Lode), MRE released: 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag 2. Continue to define mineralisation on the Ultramafic Contact Fault below the Low Angle Structure 3. B
Slide 23: Carroll's Copper Deposit (the VMS formerly known as Mt Ararat)
Carroll’s Copper Deposit (the VMS formerly known as Mt Ararat) • Mineral Resource estimate of For personal use only 800m 1.0Mt at 2.2% copper, 0.4g/t gold, 5.6g/t Ag and 0.2% zinc1 • 800m of strike and drilled to 250m depth • Yet to see the ‘sulphide mound’ 250m and footwall feeder alteration / mine
Slide 24: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Despite previous exploration by industry ‘top dogs’ Newcrest, For personal use only Rio Tinto, CRA Exploration and North Limited, Stavely Minerals has a ‘first mover’ advantage ● Almost 1,500km2 of tenure covering ~115km of porphyry- prospec
Slide 25: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● The team has identified 19 regional targets and have active aircore and soil auger programmes For personal use only ● Emerging porphyry discovery at Toora West ● ‘Blind’ discovery under 30m of younger transported cover ● 4 diamond drill hole
Slide 26: The Plan
The Plan ● Re-deploy drills to define the Cayley Lode at depth – this will lay the foundation for a Phase 2 underground For personal use only ● Bring in parallel mineralised structures ie. the Copper Lode Splay – this could be accessed by the same underground infrastructure ● Drill define the Carrol
Slide 27: Forward Programme
Forward Programme For personal use only Today Activity Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Toora West Diamond Drilling Regional Exploration Mineral Resource Drilling Receipt of Resource Drilling Assays Mineral Resource Estimate Scoping Study 27
Slide 28: Copper…the Ultimate "Future-Facing" Commodity
Copper…the Ultimate “Future-Facing” Commodity For personal use only In order to migrate to a low-carbon economy and provide alternative energy solutions, certain strategic minerals are required to build the wind 3.6 tonnes of copper for every MW of wind farms, solar farms, electric vehicles 4 x more
Slide 29: Copper…Compelling Market Fundamentals
Copper…Compelling Market Fundamentals For personal use only There are very few high-quality projects coming on stream in first world jurisdictions Escondida, the world’s largest copper mine: • 1.72% Cu average head grade in 2007 • 0.52% Ore Reserve grade in 2019 CRU estimates a 15 million tonne copp
Slide 30: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways First-mover position (1,461km2) in a potential emerging copper province For personal use only Discovery of structurally-controlled high-grade lode-style copper-gold-silver mineralisation similar to the Magma (Arizona) and Butte (Montana) deposits Intercepts a
Slide 31: Contact Us
For personal use only Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it i