Taruga Minerals Limited · ASX:TAR
Taruga Minerals — Investor Presentation (May 2020)
16 slides from Taruga Minerals's investor presentation, May 14, 2020
Slide 1: Investor Presentation
INVESTOR PRESENTATION May 2020
Slide 2: Introduction
INTRODUCTION Strikeline Resources, a South Australian based exploration company. Focus on prospective yet under-explored Flinders Project for Iron-Oxide-Copper-Gold (IOCG)-style mineralisation outcropping at surface. Additional Micaceous Iron Oxide (Miox) – rare large flake previously mined. The Fli
Slide 3: Summary of the Flinders Project
SUMMARY of the Flinders Project 100% owned EL6362 – 647 sq. km 80km North of Port Augusta, SA & 80km from Carrapateena, Freemantle Doctor and Khamsin IOCG’s, and 160km from Olympic Dam with Power and Rail on lease. Brownfields Exploration – Gawler Craton/Adelaide Geosyncline. Existing IOCG-style min
Slide 4: Exploration Targets - Warrakimbo Ranges IOCG Target Area
EXPLORATION TARGETS - Warrakimbo Ranges IOCG Target Area High-grade IOCG-style mineralisation present at surface over a strike of at least 6.4km: Main Lode – hematite altered breccia with a history of copper and iron mining – highest copper and cobalt grades. Woolshed – hematite altered breccia with
Slide 5: Targets & Structure - Warrakimbo Ranges IOCG Target Area
TARGETS & STRUCTURE - Warrakimbo Ranges IOCG Target Area The Warrakimbo Ranges are dominated by a series of major thrusts and faults. Complex network of substructures and lineaments branch out from these major structures. Mineralisation follows these structures with greatest exposures found within t
Slide 6: Warrakimbo Main Lode Prospect (Fe-Cu-Co-Ag)
WARRAKIMBO MAIN LODE PROSPECT (Fe-Cu-Co-Ag) - Hematite-altered breccia with high- grade copper and cobalt and anomalous silver, gold and LREE. - History of artisanal and small-scale copper and iron mining dating back to 1863. - A small network of drives, shafts and adits developed to a depth of appr
Slide 7: Woolshed/Metabase Prospect (Fe-Cu-Au-Ag)
WOOLSHED/METABASE PROSPECT (Fe-Cu-Au-Ag) - Both Woolshed and Metabase Prospects are associated with a > 2km magnetic anomaly. - Hematite-altered breccia present with similar petrological and geochemical signature to Main Lode, however altered mafic volcanic and intrusive rocks make up a significant
Slide 8: Rambla Prospect (Cu-Ag)
RAMBLA PROSPECT (Cu-Ag) - Rambla is a sediment hosted copper prospect which has undergone artisanal mining in the late 1800’s. - Rambla contains high-grade copper and anomalous silver and LREE with the absence of hematite alteration seen in the other regional targets. - Rambla sits to the west of th
Slide 9: Exploration Program
Exploration Program - Focus on discovery of IOCG mineral systems, near existing infrastructure. - Money in the ground activities. - Reprocessing of government and company geophysical data. - Reprocessing of magnetotellurics/seismic data collected across strike north of Warrakimbo Ranges. - Detailed
Slide 10: Calendar of Events
CALENDAR OF EVENTS April Recon Mapping and Sampling May - July Detailed Mapping and Sampling Gravity Survey Heritage Surveys Sept RC Drilling Dec Diamond Drilling Regular Exploration Results throughout 2020
Slide 11: Appendix
APPENDIX ). STRIKELINE o8}8e —% RESOURCES TARUGA
Slide 12: Geochem Results - Warrakimbo Ranges IOCG Target Area
GEOCHEM RESULTS - Warrakimbo Ranges IOCG Target Area A rock-chip sampling program was recently conducted within the Warrakimbo Range IOCG Target Area with a focus on confirming historic reports of high- grade copper and gold mineralisation. A snapshot of the exceptional results of the first rock-chi
Slide 13: Geology of the Flinders Project
GEOLOGY of the Flinders Project Outcropping rocks within the Flinders project are primarily Marinoan age marine metasediments and mafic volcanics. Mineralisation within the Warrakimbo Range IOCG Target Area is hosted primarily in diapiric breccias which follow the Mt Stephen Thrust (MST), which are
Slide 14: Exploration History
Exploration History The Warrakimbo Main Lode Exploration Target has been mined historically for copper and iron (Miox) with operations dating back to 1863. Exploration and mining from 1863 until 1909 was focussed on copper, with later exploration and mining between 1953-2000 being focussed heavily o
Slide 15: Competent Person Statement & Disclaimer
COMPETENT PERSON STATEMENT & DISCLAIMER The information contained in this presentation has been prepared and approved for release by Mark Gasson, Director, and the Board of Taruga Minerals Limited (Company). The information in this report that relates to exploration results is based on, and fairly r
Slide 16: Competent Person Statement & Disclaimer
COMPETENT PERSON STATEMENT & DISCLAIMER All statements other than statements of historical fact included in this presentation including, without limitation, statements regarding future plans and objectives of Taruga, are forward-looking statements. Forward-looking statements can be identified by wor