Larvotto Resources Limited · ASX:LRV
Larvotto Resources — IPO Roadshow (October 2021)
23 slides from Larvotto Resources's IPO roadshow presentation, Oct 25, 2021
Slide 1: Introducing Larvotto Resources
Introducing Larvotto Resources Australia and New Zealand focused copper, gold and cobalt explorer, Larvotto Resources Limited This presentation does not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities
Slide 2: Disclaimer
Disclaimer These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) have been prepared by Larvotto Resources Limited (Company). By receiving the Presentation Materials, you acknowledge and represent to the Company that you have read, understood, an
Slide 3: Disclaimer
Disclaimer NO LIABILITY The Company has prepared the Presentation Materials based on information available to it at the time of preparation. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information, opinions and conclusions contained
Slide 4: Investment opportunity
Investment opportunity Tier 1 investment locations Copper, Gold, Cobalt, PGE Proven mining regions Excellent logistics Accessible production facilities Strong team. Experienced company and project developers 4
Slide 5: Proposed IPO
Proposed IPO Options and Shares %1 Performance Shareholder Shareholding %1 Rights Lowell Resources Fund 5.7% Existing shares 22,320,003 40% - McNeil Nominees Pty Ltd 5.7% 703,301 3 Project vendors2 3,500,000 6% Ron Heeks* 4.7% 5,082,0004 Mark Tomlinson* 4.4% IPO investors ($6.0M)5 30,000,000 54% 15,
Slide 6: Experienced team
Experienced team Mark Tomlinson, B.Eng(Mining), FAusIMM | Independent Non-Executive Chair Investment Banker and Mining Engineer with over 40 years’ experience in the Australian mining sector. Most recently, Mark was a Corporate Finance Director for over 13 years with Patersons Securities in Melbourn
Slide 7: Key project highlights
Key project highlights Focus on exploration and near-term production in New Zealand and Australia Copper, gold, cobalt adjacent Mt Isa Mines operation • Along strike MIM • Surrounds active Barbara copper mine • 9% cobalt in recent rock chips, no All projects historic sampling for cobalt are a wa
Slide 8: Commodity outlook
Commodity outlook Gold Currency and inflation hedge Safe haven for uncertain times Copper Price all-time highs Fundamental for EVs Directly related to world economic growth Cobalt / Nickel Price driven by EV/battery sales Stainless steel demand rising Source: https://www.lme.com/Metals
Slide 9: Mt Isa copper, gold, cobalt
Mt Isa copper, gold, cobalt Drill ready, near-surface copper, gold, cobalt targets Directly along strike MIM copper operation Surrounds two operating copper mines • Quick, cost-effective path to production Excellent logistics Multiple 3rd party processing options Large landholding (appro
Slide 10: Mt Isa copper – drill targets
Mt Isa copper – drill targets Tenements surround • Mount Isa Mines copper operation (Glencore) • Barbara Copper operation (Round Oak Minerals) processing at 3rd party facilities in Mt Isa Barbara Copper Operations Round Oak Minerals Ltd Multiple drill ready targets identified (100% Washington H.
Slide 11: Mt Isa copper - Yamamilla
Mt Isa copper - Yamamilla Four kilometres long zone of anomalous geochemistry Soil geochemistry and high-grade rock chips (up to 17% Cu) correlate with geophysics Prospectivity confirmed by multiple sources • Geophysics • Airborne VTEM • Ground/downhole EM • Soil geochemistry • Rock chips • Li
Slide 12: Mt Isa copper - Yamamilla
Mt Isa copper - Yamamilla Multiple prospects with multiple targets Initial results include: • 13m @ 1.13% Cu inc. 7m @ 1.76% Cu1 • 10m @ 1.99% Cu inc. 4m @ 4.57% Cu2 • 35m @ 0.33% Cu inc. 4m @ 1.27% Cu3 • 70m @ 0.26% Cu inc. 1m @ 2.34% Cu4 Drill ready Yamamilla airborne VTEM geophysics RC – Re
Slide 13: Mt Isa copper – Blue Star
Mt Isa copper – Blue Star Blue Star: • 9m @ 6.12% Cu and 0.69 g/t Au including 4m @ 9.89% Cu and 1.05 g/t Au (ended in mineralisation) Trey Bit: • 3m @ 1.57% Cu Gospel: • 3m @ 1.5% Cu, 0.19 g/t Au, 0.29 g/t Ag, 1.4 g/t Bi All targets require follow-up Blue Star airborne VTEM geophysics drill
Slide 14: Ohakuri gold
Ohakuri gold Epithermal gold system 10,000m drilling (2012) discovered large low-grade zone • 172m @ 0.41 g/t Au • 160m @ 0.32 g/t Au • 215m @ 0.21 g/t Au • 170m @ 0.24 g/t Au Subsequent geophysics identified potential gold feeder structures: • Maleme Fault • Ohakuri Transform Fault Correlat
Slide 15: Ohakuri gold – Exploration history
Ohakuri gold – Exploration history 1970's Gold discovered by engineers in road cuttings 1983 - 2012 BP Oil NZ Ltd Airborne - magnetics/radiometrics Cyprus Gold NZ Ltd - gravity Delta Gold NZ Ltd Ground - resistivity Glass Earth NZ Ltd - CSMAT Coeur Gold NZ Ltd - IP dipole-dipole - Wacker geochemistr
Slide 16: Ohakuri gold – drill targets
Ohakuri gold – drill targets Targets centred around intense magnetic low • Similar in size and intensity to Waihi • Large area of mineralisation in Central Zone (0.2-0.4 g/t Au) Recent geophysics, geochemistry and mapping identified potential gold feeder zones for low grade mineralisation Prim
Slide 17: Eyre project – Ni, Au, Cu, PGE
Eyre project – Ni, Au, Cu, PGE Multi-commodity opportunity World-class mineral field, gold, copper, nickel targets Adjacent operating gold, nickel operations First identified in 1970s (WMC) Soil veneer masked underlying geology Excellent logistics, close to Kalgoorlie Straddles interst
Slide 18: Eyre project – Ni, Au, Cu, PGE
Eyre project – Ni, Au, Cu, PGE Geology misunderstood until recent geophysics identified new greenstone belts Adjacent to active mines • Central Norseman, Au • Nova, Ni Gold - high-grade Norseman system numerous geochemistry targets Nickel/Copper, PGE - Eyre project airborne magnetics layered
Slide 19: Timeline of exploration
Timeline of exploration 2021 2022 2023 BUDGET Dec Jan Feb Mar Apr May Jun Jul Aug Sep Q4 Q1 Mt Isa Geochemistry $ 25,000 Geophysics $ 75,000 RC drilling $ 1,200,000 Diamond drilling $ 480,000 Assays $ 50,000 TOTAL $ 1,830,000 Ohakuri Permitting $ 25,000 Geophysical $ 250,000 Diamond drilling $ 825,0
Slide 20: Investment highlights
Investment highlights Tier 1 mining jurisdictions Australia and New Zealand – low sovereign risk domains Strong news flow Exploration programs to commence immediately. Advanced large Cu, Au, Co project adjacent to Mt Isa Drill-ready targets and large areas underexplored Advanced epithermal gold in N
Slide 21: Project acquisition terms
Project acquisition terms Mt Isa 100% Ohakuri earn in to 75% • Minotaur Resources tenements • $175,000 cash on listing • $100,000 cash on listing • 3 stage earn-in; $0.5M then $0.8M • $500,000 in shares and up to expenditure incl. drilling for 49% 703,301 options depending on • Increase to 75% f
Slide 22: Key risks
Key risks Limited history The Company was incorporated recently (November 2020) and has limited operating history and historical financial performance. No assurance can be given that the Company will achieve commercial viability through the successful exploration of the projects. Until the Company
Slide 23: Contact us
Contact us Larvotto Resources Limited 136 Stirling Highway Nedlands WA 6009 P O Box 496, Claremont WA 6910 T: +61 8 6373 0112 E: info@larvottoresources.com W: larvottoresources.com