Xenora Minerals Limited · ASX:XRA
Xenora Minerals — Todd River Resources — Investor Presentation (February 2021)
21 slides from Xenora Minerals's investor presentation, February 2021
Slide 1: Todd River Resources: Targeted Exploration throughout WA and NT
Will Dix – Managing Director, February 2021 Todd River Resources Targeted Exploration throughout WA and NT NICKEL-COPPER-PGE NICKEL-COPPER- GOLD-COPPER-NICKEL COPPER, ZINC, LEAD, SILVER Berkshire Valley, WA (100%) Nanutarra, WA (earning 80%) Petermann Range, NT (100%) Mt Hardy, NT (100%) 1 www.trrlt
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement Disclaimer • This presentation has been prepared by Todd River Resources Ltd. This document contains background information about Todd River Resources Ltd current at the date of this presentation. The presentation is in summary form and does not purport to
Slide 3: Corporate Overview
Corporate Overview Capital Structure* Major Shareholders* ASX Code TRT ASX Code TRT Shares on Issue 482.5m S2R (Southern Star) 15.2% 15.2% Options on Issue (most at 6c) 113.9m Marlee Minerals 13.8% 13.8% Share price (15 February 2021) 4.8cps 64.1% Moonknight 6.9% Market Capitalisation (fully diluted
Slide 4: Key Asset Overview
Key Asset Overview NANUTARRA (Earning up to 80%) Mt HARDY (100% TRT) • Large unexplored ultramafic intrusion prospective for • Hendrix inferred resource of 2.6Mt @ 10.5% Zn eq* Ni-Cu-PGE sulphides • Resource open at depth and to the south • Large area of conductance to be followed up and drilled in
Slide 5: Upcoming Activity Timeline
Upcoming Activity Timeline Project January February March April May June Q3 2021 Initial Drilling of Geochem and Moving Loop EM Survey Nickel-Copper-PGE - Geophysical Anomalies Crop in the ground limited exploration to December Berkshire Valley Land Access Discussions Geochem Sampling Gold- Berkshir
Slide 6: Berkshire Valley Nickel – Copper – PGE Project (100% owned)
Berkshire Valley Nickel – Copper – PGE Project (100% owned) Berkshire Valley ▪ 100km north of Chalice’s Julimar discovery and only 160km north of Perth Berkshire Valley ▪ 270km2 granted tenure +40Km strike of target stratigraphy ▪ Geologically and geometrically analogous with the Julimar Project ▪ A
Slide 7: Berkshire Valley - The "Julimar Analogy"
Berkshire Valley - The “Julimar Analogy” The extent of mafic-ultramafic rocks at Berkshire Valley based on magnetic imagery and interpretation are comparable in size to the sequence of intrusives at CHN’s Julimar discovery Mafic-Ultramafic Berkshire Valley Intrusives Julimar Discovery Scales are the
Slide 8: Previous Exploration – Auger Geochemistry
Previous Exploration – Auger Geochemistry Berkshire Valley – Previous Exploration IGO Sampling Coverage Berkshire Valley ▪ Independence Group Limited explored for gold 2006-2009 ▪ Main coverage is along 8Km of strike of the “western trend” Eastern ▪ Mainly auger geochemical sampling with limited air
Slide 9: Previous Exploration and Re-assayed – Auger Geochemistry
Previous Exploration and Re-assayed – Auger Geochemistry Nickel Gridded (ppm) Copper Gridded (ppm) Combined PGE’s (ppb) Broad zone of PGE anomalism Berkshire Valley Coincident Ni-Cu- PGE anomalies 9 www.trrltd.com.au
Slide 10: Previous Exploration – Aircore Drilling
Previous Exploration – Aircore Drilling Berkshire Valley – Previous Exploration IGO Aircore Drilling Berkshire Valley ▪ Very Limited and incomplete Aircore/RAB drilling targeting gold in auger anomalies ▪ Only 116 RAB/Aircore holes drilled in total with average depth of 14m ▪ Total of 12 RC holes wi
Slide 11: Previous Exploration – Aircore Drilling
Previous Exploration – Aircore Drilling IGO Aircore Drilling up to 4,770 ppm Ni Berkshire Valley • Ni and Cu anomalism identified in aircore drilling in an area WITHOUT PGE assays • Area of immediate follow up work in Q1 2021 up to 1,850 ppm Cu 11 www.trrltd.com.au
Slide 12: Current Exploration – MLTEM Survey
Current Exploration – MLTEM Survey • MLTEM coverage over areas of anomalous PGE geochemistry Weak EM conductor • Completed in mid January • Areas of immediate follow up work in late February include drilling northern EM feature identified and also geochemical Berkshire Valley anomalies • Additional
Slide 13: Previous Exploration – Gold Exploration
Previous Exploration – Gold Exploration Berkshire Valley – Previous Exploration Gold Exploration Berkshire Valley ▪ Multiple gold anomalies in soil geochemistry require follow up ▪ Over 50% of the project remains completely untested for gold mineralisation No ▪ Best 2 anomalies bracket an area that
Slide 14: Nanutarra – Nickel Copper Project (Option to earn up to 80%)
Nanutarra – Nickel Copper Project (Option to earn up to 80%) Nanutarra Nickel: Large Ultramafic Intrusion Nanutarra ▪ TRT has exclusive option to earn up to 80% by spending $2M over 3 years on exploration ▪ 9km2 partly exposed Proterozoic mafic-ultramafic intrusion ▪ Permissive environment for Ni-Cu
Slide 15: Nanutarra – Nickel Copper Project (Option to earn up to 80%)
Nanutarra – Nickel Copper Project (Option to earn up to 80%) Nanutarra Nickel: Large Ultramafic Intrusion Previous shallow drilling Nanutarra ▪ Detailed Fixed Loop EM survey completed Zone of EM Conductance ▪ Large area of increased conductance identified ▪ Sits adjacent to Anaconda drilling that co
Slide 16: Northern Territory Assets – Petermann Range
Northern Territory Assets – Petermann Range Todd River Resources: Strong NT Focus Ongoing Peterman Range ▪ Over 6,000km2 of tenure under application with 3,200km2 to proceed to grant pending finalization of Exploration Agreement – GOLD and COPPER FOCUSSED ▪ Largest land position in the central Musgr
Slide 17: Northern Territory Assets – Mt Hardy: Hendrix and Regional Exploration
Northern Territory Assets – Mt Hardy Hendrix and Regional Exploration ▪ Mineral Resource estimate at Hendrix 2.6Mt @ 10.5% Zn Equivalent* ▪ Solid foundation for growth at Hendrix, which is open at depth and to the south ▪ Multiple regional targets successfully tested with first pass RC drilling in 2
Slide 18: The Next 6 Months
The Next 6 months NANUTARRA (12 month Exclusive Option) • Fixed Loop EM Survey – COMPLETE Mt HARDY (100% TRT) • Drilling targets or additional Geophysics – post • Aircore drilling over the northern Heritage Survey April 2021 tenements – 2nd half 2021 • Follow up as required Alice Springs BERKSHIRE V
Slide 19: Contact
Contact Will Dix – Managing Director P – 08 6166 0255 E – corporate@trrltd.com.au W – www.trrltd.com.au Will Dix – Managing Director P – 08 6166 0255 ASX Code: TRT E – info@trrltd.com.au www.trrltd.com.au ASX Code: TRT www.trrltd.com.au
Slide 20: Marlee Base Metals Acquisition – Other Projects
Marlee Base Metals Acquisition – Other Projects Other Marlee Base Metals Projects Acquired in September 2020 ▪ 2 large tenement applications and one recently granted EL over targets generated by Marlee Minerals ▪ Mt Vinden – magmatic Ni-Cu-PGE target in the Badgeradda Basin 160km northeast of Kalbar
Slide 21: Mt Hardy Hendrix Inferred Resource
Northern Territory Assets – Mt Hardy Hendrix Inferred Resource Metal Grade Metal Tonnes Cutoff Zn % Tonnage ZnEq % Zn % Cu % Pb % Ag g/t Zn (t) Cu (t) Pb (t) Ag (oz) 0.5 2,700,000 10.3 6.5 0.9 1.5 34 176,000 23,200 40,000 3,000,000 1.0 2,600,000 10.4 6.6 0.9 1.5 34 175,000 22,700 40,000 2,900,000 1.
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