Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — RIU Explorers Conference 2016
44 slides from Stavely Minerals's conference presentation, Feb 26, 2016
Slide 1: Unlocking Victoria's Copper-Gold Potential
For personal use only Unlocking Victoria’s Copper-Gold v Potential RIU Explorer’s Conference 25 February 2016
Slide 2: Disclaimer
STAVELY MINERALS Disclaimer For personal use only This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Comp
Slide 3: Stavely Minerals corporate snapshot and directors
STAVELY MINERALS For personal use only ASX Code – SVY Shares on Issue – 93.8M Share Price - $0.135 Market Cap - $12.7M Cash (31/12/15) - $2.16M* *Excludes Titeline Drilling agreement, $0.60 350,000 Volume 300,000 Directors $0.50 Close 250,000 Bill Plyley $0.40 Non-executive Chairman 200,000 $0.30 Ch
Slide 4: Projects
For personal use only PROJECTS
Slide 5: Victorian Project Locations
VICTORIAN PROJECT LOCATIONS For personal use only The Ararat Project is in the Moornambool Metamorphic Complex and is prospective for VMS base metals-gold and ‘Stawell-style’ gold mineralisation. The Mount Stavely Volcanic Complex is prospective for ancient porphyry copper-gold, VMS base metals- gol
Slide 6: Victorian Project Locations
VICTORIAN PROJECT LOCATIONS For personal use only 415 square kilometres of Stavely Minerals tenure 72 square kilometres of JV tenure
Slide 7: Mineral Resources
MINERAL RESOURCES1 For personal use only At the Ararat Project, hosted in a Besshi-style VMS: • Inferred Mineral Resources of 1.3Mt at 2.0% copper, 0.5 g/t gold, 0.4% zinc and 6 g/t silver for 30kt of contained copper At the Stavely Project hosted in a secondary chalcocite- enriched blanket: • Infer
Slide 8: Queensland Project Location
QUEENSLAND PROJECT LOCATION For personal use only 241 square kilometre Exploration Licence Application 4 porphyry prospects 3 gold prospects
Slide 9: Ararat Project
For personal use only ARARAT PROJECT
Slide 10: Ararat
ARARAT PROJECT For personal use only Hosts the: Mt Ararat Besshi-style copper-gold VMS and ‘Stawell-style’ gold targets
Slide 11: Ararat
ARARAT PROJECT For personal use only Prospective VMS copper gold horizon extends over 15 kilometres within Stavely Minerals tenements, 23 kilometres including JV tenements. Recent reconnaissance exploration has confirmed the horizon is up to 1km wide ‘Stawell-style’ gold / arsenic anomalies al
Slide 12: Ararat Conceptual Model
ARARAT PROJECT For personal use only Conceptual Model • Multiple VMS target horizons – circa 530Ma age • Steep west dipping gold feeder structures and shallow east-dipping horse-tail splays – circa 425Ma age 1 see ASX announcement dated 6 July 2015 and available from www.stavely.com.au
Slide 13: Mount Ararat VMS
For personal use only MOUNT ARARAT VMS
Slide 14: Besshi-style VMS is an ancient sea-floor black smoker
ARARAT PROJECT For personal use only Mt Ararat Besshi-style copper-gold VMS is an ancient sea-floor ‘black smoker’
Slide 15: Ararat VMS deposits occur in clusters
ARARAT PROJECT For personal use only Mt Ararat Besshi-style copper- gold VMS is an ancient sea- floor ‘black smoker’ – they tend to occur in clusters of typically 6-8 deposits
Slide 16: Ararat Inferred Mineral Resource
ARARAT PROJECT For personal use only • Mt Ararat Besshi-style VMS – Inferred Mineral Resource of 1.3Mt at 2.0% copper, 0.5 g/t gold, 0.4% zinc and 6 g/t silver • The Degrussa deposit is considered a Besshi-style VMS • Open at depth and along strike
Slide 17: Carroll's and Forgan's Find Prospect Geochemistry
ARARAT PROJECT For personal use only Carroll’s and Forgan’s Find Prospect Geochemistry Multiple mineralised horizons confirmed with Carroll’s Copper prospect re-discovered with rock-chip results including: • 10.8% copper, 0.41% Zn and 1.5 g/t gold • 24% copper, 1.1% zinc and 0.52 g/t gold 1 see ASX
Slide 18: Carroll's and Forgan's Find diamond drilling
ARARAT PROJECT For personal use only Carroll’s and Forgan’s Find diamond drilling Initial drill results including: • 0.2m at 1.77% Zn • 0.25m at 0.57% Zn and 0.13% Cu Narrow, zinc rich mineralisation considered distal. Will deploy down-hole EM to identify thicker copper- gold core. see ASX announcem
Slide 19: Regional soil sampling VMS copper-gold and gold
ARARAT PROJECT For personal use only Regional soil sampling VMS copper-gold and gold Results from Forgan’s Find confirm the potential for multiple occurrences of VMS base metal ± gold mineralisation within a 23km corridor. Also, Stawell and Wonga-style gold mineralisation potential. Regional soil sa
Slide 20: Stavely Project
For personal use only STAVELY PROJECT
Slide 21: Stavely Project
STAVELY PROJECT For personal use only • Thursday’s Gossan chalcocite enriched blanket – Inferred Mineral Resource of 28Mt at 0.4% copper containing 107kt copper • Thursday’s Gossan porphyry • Junction porphyry • Fairview Gold prospect • Wickliffe VMS prospect • Patanga porphyry prospect
Slide 22: Stavely structural setting
STAVELY PROJECT For personal use only • Similar structural setting to Cadia Valley • ~N-S trending volcanic belt • Major NW trending structures
Slide 23: Why look for porphyries in western Victoria?
STAVELY PROJECT For personal use only Why look for porphyries in western Victoria? • Porphyry deposit examples from as early as Archaean age • Likelihood of porphyry deposit preservation decreases with age due to erosion and crustal recycling
Slide 24: Why look for porphyries in western Victoria?
STAVELY PROJECT For personal use only Why look for porphyries in western Victoria?
Slide 25: Why look for porphyries in western Victoria?
STAVELY PROJECT For personal use only Why look for porphyries in western Victoria?
Slide 26: Why look for porphyries in western Victoria?
STAVELY PROJECT For personal use only Why look for porphyries in western Victoria?
Slide 27: Evidence Thursday's Gossan is an alkalic copper-gold porphyry
STAVELY PROJECT But what evidence that the Thursday’s Gossan porphyry is For personal use only an alkalic copper-gold porphyry? • Zones of pervasive hematite alteration • Strongly negative 34 sulphur isotope values • Metal ratios – gold and silver rich – 5m @ 1.4% copper, 0.25g/t gold and 11 g/t si
Slide 28: Sr/Y versus SiO2 plot of fertile magmas
1000 Sr/Yuse only 100 For personal SW Pacific Fertile Chile-Peru Fertile SW USA Fertile 10 China Fertile Sunda Arc Barren Vanuatu Arc Barren NParkes Mineralized Lalkaldarno Tonalite SMD001 1 50 55 60 65 70 75 80 SiO2% Plot provided by Professor Tony Crawford (UTAS), after Loukes, R.R., 2014, Distinc
Slide 29: Thursday's Gossan Porphyry
STAVELY PROJECT For personal use only Thursday’s Gossan Porphyry Stavely Minerals drilled 3 deep diamond drill holes (between 532m to 640m deep) into an induced polarisation (IP) chargeability anomaly
Slide 30: Thursday's Gossan Porphyry
STAVELY PROJECT For personal use only Thursday’s Gossan Porphyry Drilling intercepted well- developed phyllic alteration (sericite-pyrite) which corresponded well with the IP chargeability anomaly
Slide 31: Thursday's Gossan Porphyry
STAVELY PROJECT For personal use only Thursday’s Gossan Porphyry The three deep diamond drill holes identified a low-angle structural offset to the porphyry system Evidence that ‘unroofing’ of the system has triggered resurgent intrusion and mineralisation – best gold values to the NE eg: • 32m at 0
Slide 32: Thursday's Gossan Porphyry
STAVELY PROJECT For personal use only Thursday’s Gossan Porphyry Structural analysis, kinematic indicators, white mica shortwave infra-red absorption features and sulphur isotope results all concur the porphyry ‘core’ has been transposed north and east beneath the structural zone. What do investors
Slide 33: Thursday's Gossan Porphyry
STAVELY PROJECT For personal use only Thursday’s Gossan Porphyry Very positive results from drilling the IP chargeability anomaly – increasingly intense alteration, very ‘busy’ drill core, low-grade copper mineralisation in peripheral alteration Intercepted a low-angle structure at ~400-480m dep
Slide 34: Yarram Park Project
For personal use only YARRAM PARK PROJECT
Slide 35: Yarram Park Project
YARRAM PARK PROJECT For personal use only Yarram Park Project Toora West Prospect is a coincident magnetic, gravity and IP chargeability anomaly consistent with a buried porphyry or sub- volcanic diatreme (ie. Mt Leyshon) Nearest drill hole is 1.5 kilometres away indicating depth of transported cove
Slide 36: Yarram Park Project
For personal use only YARRAM PARK PROJECT
Slide 37: Yarram Park Project
For personal use only YARRAM PARK PROJECT
Slide 38: Ravenswood West Project
For personal use only RAVENSWOOD WEST PROJECT
Slide 39: Ravenswood West Project
RAVENSWOOD WEST PROJECT For personal use only Ravenswood West Project Metal-rich gold province with major historic and modern gold production: Ravenswood – 4 million ounces Charters Towers – 6.6 million ounces Mt Leyshon – 2.5 million ounces Pajingo - ?2 million ounces
Slide 40: Ravenswood West porphyry prospects
RAVENSWOOD WEST PROJECT For personal use only Ravenswood West Project 4 porphyry prospects: • The Bank • Keans • Barrabas • Turkey Gully 3 gold prospects: • Podosky’s area • Four Mile • Boori 1970 – most recent drill hole see ASX announcement dated 16 February 2016 and available from www.stavely.com
Slide 41: Ravenswood West
RAVENSWOOD WEST PROJECT For personal use only
Slide 42: Podosky's Prospect
RAVENSWOOD WEST PROJECT For personal use only Podosky’s Prospect (excised from EPM, owned by Kitchener Mining NL) An example of high-grade gold mineralisation in the area
Slide 43: Work Programmes
WORK PROGRAMMES For personal use only Work programmes Stavely Project - Applications for drilling co-funding at Thursday’s Gossan Yarram Park Project - Applications for drilling co-funding, with additional IP, Yarram Park Ararat Project - Soil survey in progress in the Ararat to highlight VMS exhala
Slide 44: Thank You
STAVELY MINERALS For personal use only Thank You 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