Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Shareholder Meeting (November 2021)
15 slides from Lodestar Minerals's shareholder meeting presentation, Nov 24, 2021
Slide 1: Lodestar AGM November 2021
For personal use only Lodestar AGM November 2021
Slide 2: Important notices
Important notices This presentation has been prepared by Lodestar Minerals Limited (Lodestar). The information contained in this presentation is a professional opinion only and is given in good faith. For personal use only Certain information in this document has been derived from third parties and
Slide 3: Investment summary
• Nepean Nickel Project (20%) in JV with Auroch Minerals (ASX:AOU) currently undergoing scoping study: For personal use only • On-going evaluation of multiple drill targets. • Forecast high demand growth for nickel in both batteries and stainless steel materials driving current M&A activity. • Imbin
Slide 4: Corporate overview and capital structure
Corporate overview Capital structure ASX code LSR For personal use only Board and Senior Management Shares on issue 1,390.9m Chairman – Ross Taylor Options on issue 216.0m ▪ Chartered Accountant and finance professional with extensive Share price 1.0¢ experience in global investment banking and fina
Slide 5: Project overview
Project overview (Ni Au Cu Zn Pb) For personal use only Nepean Nickel Project (LSR 20%) Ned’s Creek (VAN earning 51%), Bulong, • Historic high-grade underground nickel mine & Jubilee Well Gold Projects (LSR 100%) produced 32,303t of nickel metal at 2.99% Ni1. • All located in the Eastern Goldfields
Slide 6: Nepean Nickel Project JV (LSR 20%)
Nepean Nickel Project JV (LSR 20%) Historic Nepean Nickel Mine For personal use only • 25km south of Coolgardie, in JV with Auroch Minerals (80%). • Historic underground mine produced 32,303t of nickel metal in ore at 2.99% Ni before mining ceased due to the low nickel price. • Recent step-out drill
Slide 7: Imbin Cu-Au and Zn-Pb Project (LSR 100%)
Imbin Cu-Au and Zn-Pb Project (LSR 100%) Earaheedy margin For personal use only • Underexplored 900 sq km land position and 50km of strike over Earaheedy basin margin. • Right geological credentials – nascent Earaheedy metallogenic terrane. • Includes area of Yelma-Frere unconformity which hosts Rum
Slide 8: Imbin Base Metal Copper–Gold (LSR 100%)
Imbin Base Metal Copper–Gold (LSR 100%) Earaheedy margin For personal use only • Recent heli-EM survey (NRG-Excite™ EM) identified 15 priority anomalies (in red) in the Imbin corridor as potential Cu-Ag±Au drill targets7. • Majority of the 15 EM conductors identified lie under sand cover with no pre
Slide 9: Bulong (LSR 100%)
Bulong (LSR 100%) Eastern Goldfields For personal use only • 40km east of Kalgoorlie, 1317ha under tenure. • Active neighbours including Black Cat Syndicate and Riversgold. • Area represents a northern extension of the Glandore prospect. • Gold mineralisation on southern boundary of P26/2626 in West
Slide 10: Bulong (LSR 100%)
Bulong (LSR 100%) Eastern Goldfields For personal use only • Folded, layered gabbro-dolerite plunging shallowly NW beneath Lake Yindarlgooda tenements. • 2.5km – 5km of strike over layered mafic sequence with minimal drilling. • Gold associated with sheared, magnetite-rich zones within layered gabbr
Slide 11: Jubilee Well: 9km north of 9Moz Au Sunrise Dam
9km north of 9Moz Au Sunrise Dam (LSR 100%) Jubilee Well For personal use only • Located along strike between the world-class Sunrise Dam and Granny Smith gold deposits. • 8km north of the 9Moz Au Sunrise Dam deposit, same geological sequence. • 2056ha within a major north north west trending struct
Slide 12: Camel Hills Gold (LSR 100%)
Camel Hills Gold (LSR 100%) Northern craton margin For personal use only • Covers Errabiddy Shear Zone, a major Archaean- Paleoproterozoic structural boundary. • Targeting of regional geochemical anomalies resulted in discovery of high grade gold at Big Sky prospect (6m at 20.3g/t Au from 21m7). • R
Slide 13: Ned's Creek Project (VAN earning 51%)
Ned’s Creek Project (VAN earning 51% by spending $4.5M on exploration) Northern craton margin For personal use only • Multiple basement gold intersections in drilling on southern margin of 6km long Contessa granite: • Contessa • Central Park • Gidgee Flat • Recent RC drilling now confirms significan
Slide 14: Upcoming – Indicative work program
Upcoming – Indicative work program PROJECT For personal use only Dec Q'21 Mar Q'22 Jun Q'22 Nepean JV: Nickel Drilling Nepean Deeps drilling Nepean Deeps drilling Geophysics DHEM, IP Geochemistry Scoping Study Imbin: Cu-Au and Zn-Pb Heritage clearance and access/POW Drilling Finalise EM interpretati
Slide 15: Investment proposition
1 Exposure to on-going drilling at Nepean Nickel Project, near-mine and regional programs underway: • Historic mine within trucking distance of Kambalda. For personal use only • 40 year gap in exploration: 10km of underexplored mine stratigraphy, remnant resource, potential along strike and at depth
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