Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Shareholder Meeting (November 2008)
26 slides from Liontown's shareholder meeting presentation, Nov 28, 2008
Slide 1: Annual General Meeting 28th November 2008
For personal use only A Annual lGGenerall M Meeting ti 28th November 2008
Slide 2: Competent Persons Statement and Disclaimer
Competent Persons Statement The information in this report that relates to Exploration Results is based on information compiled by Dr Doug Jones, a full-time employee and Director of Liontown Resources Limited, who is a Member of the Australian Institute of Mining and Metallurgy and is a Registered
Slide 3: Overview - 2008
Overview - 2008 For personal use only ► Mount Windsor Volcanics Project j Z Maiden resource for Liontown prospect announced Z RAB drilling of targets along Liontown Mineralised Corridor Z Aeromagnetic survey identified possible intrusive-related gold targets Z Rationalisation of tenure and farm-out
Slide 4: Overview - Australia
Overview - Australia For personal use only ► Mount Windsor Volcanics Project Z Dominant land position in belt FCS MWVP Z Previous focus on Liontown prospect Z Multiple VHMS base metal targets Z Multiple Leyshon & Kidston style gold targets ► Liontown JORC Resource Z 1.85M tonnes @ 7.5% zinc, 2.4% le
Slide 5: Overview - Arizona
Overview - Arizona For personal use only ► Sheep Mountain Project Z Arizona Copper pp & Molybdenum y Porphyry p y y Belt Z Low project option costs, no statutory expenditures Z Extensive data base available from past exploration ► Sheep Mountain Resource Z 25.5M tonne historical resource (non-JORC c
Slide 6: For personal use only
Mount Windsor Volcanics Project For personal use only
Slide 7: Key Achievements in 2008
Mount Windsor Volcanics Project For personal use only ► Key K Achievements in 2008 Z Announced maiden JORC-compliant Indicated & Inferred resource for Liontown prospect: 1.8 million tonnes @ 7.6% Zn, 2.4% Pb, 0.6% Cu, 29 g/t Ag, 0.6 g/t Au Z Conducted a complete reappraisal of historical data to ass
Slide 8: For personal use only
Mount Windsor Volcanics Project For personal use only ?
Slide 9: Liontown Resource (West-East section)
Mount Windsor Volcanics Project For personal use only West East Liontown Resource
Slide 10: Liontown Mineralised Corridor
Mount Windsor Volcanics Project For personal use only ► Liontown Mineralised Corridor Z Semi-continuous zone of Pb & Zn anomalism in historical soils, anomalous RAB drilling and IP Z Located along ‘Liontown Horizon Horizon’ Z Significant mineralization also identified in past drilling at Simba Couga
Slide 11: For personal use only
Mount Windsor Volcanics Project For personal use only
Slide 12: Cougartown Drilling
Mount Windsor Volcanics Project For personal use only ► Cougartown Drilling Z 37 hole RAB program to infill previous sparse drilling Z Confirmed broad 200 m by 80 m zone of primarily zinc mineralisation mineralisation, open to the east, west and down dip Z Consistently mineralised at >0.1% zinc in s
Slide 13: For personal use only
Mount Windsor Volcanics Project For personal use only
Slide 14: Liontown prospect area map
Mount Windsor Volcanics Project For personal use only Waterloo Position? Simba Prospect Liontown Liontown Resource East Area Extension
Slide 15: Gold Targets
Mount Windsor Volcanics Project Gold Targets For personal use only
Slide 16: Gold Targets - Mosquito Hill Prospect
Mount Windsor Volcanics Project Gold Targets For personal use only ► Mosquito Hill Prospect Z Annular magnetic g anomaly y with associated K-U-Th anomaly Z Possible buried intrusive within Puddler Ck Fmn Z Silicified & fractured siltstones & tuffs Z Localized brecciated & gossanous qtz veining Z Up
Slide 17: Gold Targets
Mount Windsor Volcanics Project Gold Targets For personal use only
Slide 18: Sheep Mountain
Sheep Mountain Project For personal use only ► Sheep Mountain Project, Arizona Z Significant porphyry copper- 1968 PD drilling molybdenum system Z Historic non-JORC resource: 25.5 million tonnes @ 1.55% copper, 0.04% molybdenum Z Over US$10 million spent on past exploration by Phelps Dodge, Utah, Be
Slide 19: Sheep Mountain - Excellent Location
Sheep Mountain Project For personal use only ► Excellent Location Z Long history of mining within Arizona – centre of US copper mining & refining industry Z Generally rates in top 3 US states in Fraser Institute survey Z Well developed local infrastructure – road, d rail, il power, labour, l b smelt
Slide 20: Sheep Mountain - Geological Setting
Sheep Mountain Project For personal use only ► Geological Setting Z Primary Cu-Mo related to Laramide-age g (Eocene) ( ) porphyry stock Z Similar to other Laramide porphyry Cu-Mo Cu Mo in the western US (Resolution, Bagdad, Bisbee, Morenci, Bingham) g ) Z Supergene Cu-Mo blanket developed – buried b
Slide 21: Sheep Mountain E-W Cross Section
Sheep Mountain Project For personal use only E-W Cross Section Cow Ck Fault System Proterozoic Basement Sheep Mountain Porphyry 1000 m Supergene Cu-Mo resource
Slide 22: Sheep Mountain outcrop photos
Sheep Mountain Project For personal use only Outcrop of primary porphyry-style alteration and veining Cow Creek Fault Zone (looking NW)
Slide 23: Sheep Mountain - Historical Non-JORC Mineralisation Estimates
Sheep Mountain Project For personal use only ► Historical Non-JORC Mineralisation Estimates Z Phelps Dodge and Utah drilling – 51 holes Z Arizona Department of Mines quotes a global porphyry resource of >300Mt grading ~1% copper Z High grade supergene zone extends 1.7 km x 0.4 km, averaging 27 metre
Slide 24: Fort Constantine South - Exco JV
Fort Constantine South For personal use only ► Exco JV Z RC Cddrillingg targeted ta geted u untested tested o or partially tested magnetic anomalies on EPM10601 Z 30 h holes l ffor 1576 m Z Best intercept 6m @ 0.46% Cu from 54-60m Z Coarse grained moderately magnetic amphibolite with no obvious sulp
Slide 25: Fort Constantine South
Fort Constantine South For personal use only ECRC 250 6.0m @ 0.46% Cu
Slide 26: Summary
For personal use only SUMMARY ► Mount Windsor Volcanics Project Z Significant but currently sub-economic base metal resource defined at Liontown Z Excellent exploration p potential p remaining g for both gold g and base metals Z We are currently seeking a joint venture partner and rationalising our
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