Ore Resources Limited · ASX:OR3
Ore Resources — Australian Nickel Conference October 2020
14 slides from Ore Resources's conference presentation, Oct 6, 2020
Slide 1: Developing High-Grade Nickel Sulphide Projects in Western Australia
DEVELOPING HIGH- GRADE NICKEL SULPHIDE PROJECTS IN WESTERN AUSTRALIA Australian Nickel Conference October 2020 SAINTS NICKEL PROJECT HIGH GRADE RESOURCE 1.05Mt @ 2.0% Ni & 0.2% Cu
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Auroch Minerals Ltd (Auroch or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presentation
Slide 3: Building a Strong Nickel Sulphide Explorer
BUILDING A STRONG NICKEL SULPHIDE EXPLORER FOCUSED AGGRESSIVE EXPLORER CORPORATE OVERVIEW Money into the ground to ensure every chance MARKET CAP SHARES OUTSTANDING of exploration success ~$15Million 231.2M EXPERIENCED AND DEDICATED TEAM @$0.067* CASH OPTIONS History of success in Ni sulphide explor
Slide 4: Quality Australian Nickel Sulphide Projects in the Best Location Globally
QUALITY AUSTRALIAN NICKEL SULPHIDE PROJECTS IN THE BEST LOCATION GLOBALLY SAINTS & LEINSTER NICKEL PROJECTS • Located in the Norseman-Wiluna Greenstone Belt, home to some of the best nickel sulphide deposits globally • Excellent access via Goldfields Highway, and close to established mining and proc
Slide 5: Saints Nickel Project
SAINTS NICKEL PROJECT HIGH-GRADE NICKEL SULPHIDE RESOURCE WITH MAIN FEEDER CHANNEL STILL TO BE DISCOVERED • “Grade is King” Numerous drill-hole intercepts of thick high-grade semi-massive to massive nickel sulphides: • 30.95m @ 1.66% Ni from 143.05m, including 10.50m @ 2.30% Ni (07BSGD0048) • 3.20m
Slide 6: Saints Nickel Project: Updated Geology Interpretation
SAINTS NICKEL PROJECT UPDATED GEOLOGY INTERP: NEW OPPORTUNITIES • Key “ingredients” for significant Kambalda-style* Ni sulphide deposit: 1. Magnetic “highs” sitting on basal contact 2. Ni sulphide occurrences in the immediate region 3. Mineralised basal flow (high tenor Ni sulphides) 4. “Econo
Slide 7: Saints Nickel Project: Systematic Drill Testing of Basal Channel Targets
SAINTS NICKEL PROJECT SYSTEMATIC DRILL TESTING OF IDENTIFIED BASAL CHANNEL TARGETS ST ANDREWS TARGET ST ANDREWS • 2 strong conductors identified from review of historic DHEM data • Both conductors sit on the modelled basal contact underneath the known high-grade massive NiS hanging- wall mineralisat
Slide 8: Leinster Nickel Project: The Horn
LEINSTER NICKEL PROJECT THE HORN • Historic JORC (2004) Resource*: nickel sulphide mineralisation remains open at depth and along strike • Numerous drill-hole intercepts of thick high-grade semi- massive to massive nickel sulphides; e.g: • 14.66m @ 2.19% Ni & 0.48% Cu from 132.6m • 10.80m @ 2.21% Ni
Slide 9: Leinster Nickel Project: Valdez Prospect
LEINSTER NICKEL PROJECT VALDEZ PROSPECT • The Valdez Prospect is located northeast of the Horn and Aeromagnetics: along strike from the Waterloo nickel sulphide deposit RTP E shade non-linear owned by Saracen (ASX:SAR): 14.4kt nickel @ 2.1% Ni. • Surface EM survey identified strong EM conductors coi
Slide 10: Leinster Nickel Project: New Tenement Package
LEINSTER NICKEL PROJECT NEW TENEMENT PACKAGE • Four ELs comprising 217 km2 highly-prospective for both gold and nickel-copper sulphide mineralisation • Earn-in Agreement with Jindalee Resources for up to 70% ownership of all mineral rights FIRE FLY & SINCLAIR NORTH Ni PROSPECTS • Located on E 36/895
Slide 11: Aggressive Exploration Programmes: 2020 Q3 & Q4
SAINTS & LEINSTER PROJECTS AGGRESSIVE EXPLORATION PROGRAMMES: 2020 Q3 & Q4 COMPLETED 2020 ✓ 4,400m AC drill programme at the Valdez Prospect of the Leinster Project - July ✓ 1,300m AC drill programme at the T4 Target at Saints completed - August ✓ 1,200m diamond drill programme at the T2 Target and
Slide 12: South Australia Cu & Base Metal Portfolio
SOUTH AUSTRALIA Cu & BASE METAL PORTFOLIO
Slide 13: Why Invest Now?
WHY INVEST NOW? AUROCH ALREADY HAS THE BENEFIT OF A ONGOING DRILL PROGRAMMES AT THE SAINTS HIGH-GRADE RESOURCE AT SAINTS, and is & LEINSTER PROJECTS, Pipeline of exploration working to increase this to add material value programmes producing constant news flow and for shareholders. results. DRILLING
Slide 14: Contact
CONTACT Mr Aidan Platel Managing Director E: aplatel@aurochminerals.com M: +61 400 190 005 Suite 1 295 Rokeby Road Subiaco WA 6008 T: +61 8 6555 2950 F: +61 8 6166 0261
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