Unicorn Mineral Resources Public Limited Company · LSE:UMR
Unicorn Mineral Resources Public — Unicorn Mineral Resources — Investor Presentation (January 2018)
27 slides from Unicorn Mineral Resources Public's investor presentation, January 2018
Slide 1: UMR Company Presentation: January 2018
UMR Company Presentation: January 2018 www.unicornmineralresources.com
Slide 2: Disclaimer
Disclaimer This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Unicorn Mineral Resources Ltd. nor shall it or any part of it form the basis of, or be relied on in connection with, or act as any inducement to
Slide 3: UMR- AIM Listing and Funding
UMR- AIM Listing and Funding • UMR’s exploration strategy has been focused on the prospective ‘Irish Midlands Orefield’ where UMR has four licence blocks: Clonmel, Gort, Kilcormick, Kilmallock and a block of sixteen licences over the volcano-sedimentary terrain with potential for VMS deposits in Wat
Slide 4: Ground Position
Ground Position =, Courtbrown' Unicorn Licence €D encore -Palias Green q D Hannon - Kilbricken Mineral Deposit fr Mineral Occurrence Economic Waulsortian Hosted Deposits Lsheen 22,8Mt, 12% Zn / 2.1% Pb 1 26g/t Ag Galmoy 97M, 13.2% Zn 3% Ph Silvermines 177M, 6.4% Zn | 2.5% Pb 1 23gtt Ag Tynagh 92M, 5
Slide 5: UMR Summary
UMR Summary ❖ Zinc is at an inflection point with demand exceeding supply, a situation that is analogous to the 2006 price breakout ❖ Ireland is the world’s leading zinc province, in terms of zinc tonnes / km2. ❖ Unicorn Mineral Resources holds 31 prospecting licences covering a surface area of 1,24
Slide 6: Corporate Overview
Corporate Overview Highly experienced Board and Management – Strong Technical Base Directors Paddy Doherty – Chairman Mr Doherty is a founding partner, Chairman and Managing Director of the Electro Automation Group, operating across Europe since 1984 in Design, Commissioning and Maintenance of Car P
Slide 7: Zinc is Poised for Record Price Levels
Zinc is Poised for Record Price Levels ❖ LME Stocks are at 12 year lows. ❖ Demand continuing to accelerate ❖ Zinc supply shows a sustained fall since the beginning of 2013 and continues to fall. ❖ Very few large scale projects in the pipeline ❖ Supply / demand fundamentals analogous to 2006 when the
Slide 8: Ireland – A First Class Global Zinc Destination
Ireland – A First Class Global Zinc Destination ❖ The worlds most fertile geological terrain (tonnes/km2) ❖ Large, high grade zinc / lead mines: Navan >125Mt (8% Zn / 2% Pb) Lisheen 22Mt (14% Zn / 2% Pb) Galmoy 9Mt (12% Zn / 2% Pb) Silvermines 18Mt (5% Zn / 4% Pb) Tynagh 11Mt (5% Zn / 6% Pb) ❖ The w
Slide 9: UMR – Ground Position
UMR – Ground Position ❖ Licence Blocks targeted along the major, regional mineralising Trends ❖ Targeting shallow (<300m) base of Waulsortian Reef, Massive Sulphide Mineralisation – analogous to Lisheen, Galmoy and Silvermines ❖ Significant mineral occurrences on or proximal to the UMR licence block
Slide 10: UMR Target Models
UMR Target Models Midland Blocks ❖ Carbonate hosted – Zn / Pb / Ag ❖ Strongly fault controlled ❖ Flat Lying, basal Waulsortian Reef, Stratiform / Stratabound ❖ Massive Pyrite, Sphalerite, Galena ❖ Multiple lenses “string of pearls” morphology Waterford Block ❖ VHMS - Volcanics / Volcanics & sediment
Slide 11: Kilmallock Block
Kilmallock Block Block Three Contiguous Prospecting Licences, Surface Area 129.70km2 Well developed minor and regional class road network, south of the small town of Kilmallock. Land use is dominated by Infrastructure pasture land for grazing of sheep, cattle and horses. Regional location Located al
Slide 12: Kilmallock Block
Kilmallock Block ❖ High grade Zn / Pb mineralisation at Ballycullane and Bulgaden. ❖ This mineralisation is open and has not been defined or delineated. ❖ The targets are shallow (<300m). ❖ Extensive development of the untested target horizon. ❖ Well developed northwest – southeast faulting, analogo
Slide 13: Kilmallock Block
Kilmallock Block ❖ Extensive mineralised footprint c.500m x 300m ❖ Margins of mineralised body are unconstrained ❖ Drilling within the B’ mineralised envelope is B widely spaced 50 – 150m. ❖ Clear evidence of structural control on mineralised bodies ❖ Blue Sky potential is very high. Waulsortian hos
Slide 14: Kilmallock Block
Kilmallock Block Sections A –A’ and B – B’ ❖ Stratiform / Stratabound mineralisation ❖ Structural control ❖ Carbonate breccia hosted ❖ Target depth 180 – 300m.
Slide 15: Kilmallock Block
Kilmallock Block ❖ Area is remarkably untested given the style, grade and thickness of mineralisation ❖ Potential to extend and develop known mineralised bodies ❖ Potential to discover new mineralised zones ❖ Aggressive drilling campaign required to fully assess the potential of the block
Slide 16: Waterford Block
Waterford Block Block Sixteen Contiguous Prospecting Licences, Surface Area 608.86km 2 Well developed minor and motorway class road network. South and west of the major regional City of Waterford. Port Infrastructure facilities at Waterford and New Ross, located just 15km northeast of the Licence Bl
Slide 17: Waterford Block
Waterford Block ❖ Bimodal Ordovician Volcanics deposited in an extensional Arc environment ❖ Numerous Zn / Pb / Cu mineral occurrences ❖ Along strike from significant VHMS camps to the northeast and across the Atlantic to the west. ❖ Poorly explored, due to a variety of non-technical reasons
Slide 18: Waterford Block
Waterford Block ❖ Airborne geophysical survey flown in May / June 2016. UMR / GSI collaboration. ❖ Confirms the inaccuracy of the historic geological models – reinterpretation is in progress ❖ Geological / Structural contacts defined by the airborne geophysics are being used to more accurately defin
Slide 19: Waterford Block
Waterford Block ❖ Preliminary work has identified sixteen target areas for follow up groundwork. ❖ This work is ongoing and includes: deep overburden sampling, gravity and electromagnetic surveying. ❖ Results from the first few areas tested are encouraging and high quality drill targets are being id
Slide 20: Gort Block
Gort Block Block Seven Non Contiguous Prospecting Licences, Surface Area 292.65km 2 Well developed minor and motorway class road network, north and east of the major regional Infrastructure town of Ennis Regional location Located at the intersection between the Tynagh-Ballinalack and Limerick Minera
Slide 21: Gort Block
Gort Block ❖ Extensive untested Waulsortian Reef on UMR ground ❖ Highly significant prospect being drilled by Hannan Metals at Kilbricken, just 5km away. ❖ The targets are relatively shallow (<300m). ❖ Numerous mineral occurrences across the Clare region developed high in the stratigraphy, can be as
Slide 22: Gort Block
Gort Block ❖ Ground geochemical surveying is ongoing ❖ Target generation is using the new data / models to focus exploration ❖ An Airborne Geophysical Survey (Magnetics, EM and Radiometrics) will be flown in the Spring ❖ Future Exploration Program will be decided on interpretation of current ground
Slide 23: Kilcormick Block
Kilcormick Block Block Two contiguous Prospecting Licences, Surface Area 70.39km2 Well developed minor and regional class road network, south of the small town of Kilcormick. Land use is dominated by Infrastructure pasture land for grazing of sheep, cattle with minor raised bog. Regional location Lo
Slide 24: Kilcormick Block
Kilcormick Block ❖ Major Caledonian Fault Zone, that is controlling the basin margin ❖ Well developed Waulsortian Reef with depositional / structurally controlled facies variation ❖ High Grade MVT style massive sulphide occurrences ❖ Mineralisation not fully understood and opportunities exist to dev
Slide 25: Kilcormick Block
Kilcormick Block ❖ Multiple Waulsortian Reef hosted, cross cutting, steeply dipping massive sulphide bodies ❖ Brecciated, multiphase, Marcasite clasts, rimmed and crosscut by later collomorphic sphalerite and galena ❖ Complex structural morphology ❖ Mineralisation potentially open along strike to th
Slide 26: Kilcormick Block
Kilcormick Block ❖ Geological complex area, intricate structural history, controls not well understood ❖ Well developed host lithology ❖ High Grade MVT style massive sulphide mineralisation intersected by drilling ❖ Further drilling is warranted Massive sulphides from UMK-001
Slide 27: What Next
What Next ❖ Use of ground and airborne geophysics to develop quality exploration targets on the Gort Licence Block in County Clare. ❖ Ongoing Geological, Geochemical, Lithogeochemical and Geophysical evaluation of the VHMS potential of the Waterford Block. ❖ 3D modelling and target definition of the
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