Synertec Corporation Limited · ASX:SOP
Synertec — Shareholder Meeting (November 2014)
35 slides from Synertec's shareholder meeting presentation, Nov 20, 2014
Slide 1: Annual General Meeting Exploration Update
For personal use only Annual General Meeting Exploration Update November 20th 2014
Slide 2: Disclaimer
DISCLAIMER. This document was prepared by SML Corporation Limited. This document contains forward-looking statements that involve risks and uncertainties. These forward-looking statements are not guarantees of SML Corporation future performance and involve a number of For personal use only risks and
Slide 3: Summary
Summary For personal use only Key Licenses renewed and secure for medium term. Confirmation of Centre Country Link Structure. Plans to Seek Approval to Recommence Limited Production at Glen Wills. Relinquishment and Reduction of Non-core Areas Successful Testing of Geophysics at Omeo.
Slide 4: Exploration Objectives
Exploration Objectives For personal use only To Locate Sufficient Gold Resources to Support New Gold Production. To Operate with Minimal Environmental Impact. To Enhance Returns to Shareholders To Rehabilitate Sites After Production for a Sustainable Future.
Slide 5: Tenement Strategy – 2014
Tenement Strategy – 2014. For personal use only During 2014 SML Corp continued to rationalise its land holdings with reductions on a number of existing exploration Licenses and dropping of EL5300. Testing and discarding: 765km2 - 2011 706km2 - 2012 608km2 - 2013 295km2 - 2014
Slide 6: Tenement Holdings and Prospect Location, Victoria
5,960,000mN For personal use only Granite EL4744 Flat 5,940,000mN Merrimac Creek EL4744 EL3916 EL4744 EL3916 Sunnyside 5,920,000mN MIN4921 Glen Wills Dry Gully 5,900,000mN Forsyth Mountain Maid EL4717 Comstock 520,000mE 540,000mE 560,000mE 580,000mE 600,000mE 5,860,000mN GDA94 Zone 55 Tenement Holdi
Slide 7: Glen Wills Gold Project
Glen Wills Gold Project For personal use only EL3916 MIN4921 5,960,000mN 5,940,000mN • 47km2 Exploration Licence -EL3916 5,920,000mN OMEO •2.4km2 granted Mining Lease 520,000mE 540,000mE 560,000mE 580,000mE 600,000mE 5,900,000mN – MIN4921
Slide 8: 2014 Glen Wills
2014 Glen Wills For personal use only MIN4921 Renewed for Further 5 years – 2019. Preparation Commenced on Development of Work Plan to Commence Treatment of Surface Material. Confirmation of Centre Country Link Structure.
Slide 9: Glen Wills and Sunnyside Goldfield Historic Production and Resources
Sunnyside Goldfield GDA94 Zone 55 Glen Wills Goldfield Historic Production Mt Wills For personal use only 82,400 oz Au Mt Wills Historic Production 133,300 oz Au 800 L Centre Country Prospect JORC 2012* Total Historic Production - 215,500 ounces Gold 66,100 oz Au JORC 2012 * JORC 2012* JORC Mineral
Slide 10: Glen Wills Goldfield and Sunnyside Goldfield Resources
Glen Wills Goldfield Historic Production - 133,300 oz Au For personal use only JORC Resource – 101,900 oz Au* Mt Wills (Indicated Resource 107kt @ 6.0g/t Au – 20,500 oz) (Inferred Resource 387kt @ 6.5g/t Au – 81,400 oz) Past & Present Endowment – 235,200 oz Au Sunnyside Goldfield LEGEND Historic Pro
Slide 11: Trace of Glen Wills Centre Country Link
Trace Centre Mt Wills For personal use only of Glen Wills Country Link Mineralised Surface Structures Sunnyside Resource Glen Wills Resource Resource at Sunnyside* Resource at Glen Wills* 215Kt @ 9.5g/t Au – 66,100oz (Inferred Resource) Indicated Resource 107kt @ 6.0g/t Au – 20,500oz Inferred Resour
Slide 12: 2014 Centre Country
2014 Centre Country For personal use only Four Diamond Drill Holes completed for 2,328.40 metres of Drilling. Better intersections include*: CCDH003 0.10m @ 40.74 g/t Au & 20.34 g/t Ag from 131.95m 0.40m @ 12.54 g/t Au & 20.69 g/t Ag from 162.60m CCDH004 2.00m @ 2.00 g/t Au & 3.78 g/t Ag fr
Slide 13: 2014 Centre Country drill hole locations
2014 Centre CCDH003 Country MIN4921 For personal use only CCDH004 EL3916 CCDH001 EL3916 CCDH002 EL3916 MIN4921 MIN4921
Slide 14: CCDH002
CCDH002 GDA94 Zone 55 For personal use only Sampled zones showing anomalous gold
Slide 15: CCDH001
CCDH001 GDA94 Zone 55 For personal use only Sampled zones showing anomalous gold
Slide 16: CCDH004
CCDH004 GDA94 Zone 55 For personal use only 0.45m @ 1.19 g/t Au 0.95m @ 3.54 g/t Au 190.50 – 191.50m 1.00m @ 1.46 g/t Au 191.50 – 192.50m 1.00m @ 2.54 g/t Au 2m @ 2.00 g/t Au & 3.78 g/t Ag Anomalous zone 166m – 193m
Slide 17: CCDH003
CCDH003 GDA94 Zone 55 For personal use only 0.27m @ 5.81 g/t Au 3.54 g/t Ag 0.10m @ 40.74 g/t Au 20.34 g/t Ag 0.65m @ 3.89 g/t Au 5.01 g/t Ag 0.40m @ 12.54 g/t Au 20.69 g/t Ag 319.48 – 320.30m 0.83m @ 0.51 g/t Au 320.30 – 321.20m 0.90m @ 1.17 g/t Au 321.20 – 322.00m 0.80m @ 1.24 g/t Au Anomalous zon
Slide 18: EL3916 – Mt Wills
EL3916 – Mt Wills For personal use only Renewed to 13 May 2016 – 47 sq km Significant Centre Country Drilling within EL Future Investigations into Prospects: Anaconda Vienna Soil Anomaly Merrimac Prospect – Nil Activity 2014 Soil and Stream Sediment Anomalies Drilling Program Approve
Slide 19: EL4744 – Granite Flat
EL4744 – Granite Flat For personal use only Granted to Nov 28 2014 – 109 sq km Renewal Application Submitted. Reduction Application down to 51sq km Granite Flat Prospect Previous drilling Gold + Copper Potential Untested Anomalies
Slide 20: EL4744 – Granite Flat
EL4744 – Granite Flat For personal use only
Slide 21: Granite Flat Mineralisation
Granite Flat Mineralisation For personal use only Hosted by Multi-phase Intrusions Structural Controls. Multiple Lines of Narrow Veins & Shears Pyrite + Copper Sulphides, Minor Galena, Sphalerite & Arsenopyrite
Slide 22: EL4744 – Granite Flat
EL4744 – Granite Flat For personal use only Re-processing of Geophysics Data has Outlined Structural Targets for Follow- up Review and Possible Drill Testing.
Slide 23: Granite Flat - Magnetics
Granite Flat - Magnetics For personal use only Gold Dominant Mineralisation Copper Dominant Mineralisation
Slide 24: EL5300 - Banimboola
EL5300 - Banimboola For personal use only Granted April 2016 – 39 sq km Stream Sediment Regional Sampling & Infill Sampling Failed to Detect Significant Anomalous Responses. Licence Surrendered.
Slide 25: EL4717 - Omeo
EL4717 - Omeo For personal use only Granted to 2019 – 274sq km reduction to 146sq km in total. Omeo / Ensay Shear Zone Historical gold and silver workings High-grade drilling targets Four Known Groups of Mineralisation. Forsyth’s Comstock Mountain Maid – Helvetia Dry Gully
Slide 26: EL4717 - Omeo
EL4717 - Omeo For personal use only Dry Gully GDA94 Zone 55 Forsyth Comstock Mountain Maid
Slide 27: EL4717 - Omeo High Grade Mineralisation
EL4717 - Omeo For personal use only High Grade Mineralisation. En echelon veins associated with Ensay Shear Zone. Quartz veins & disseminated pyrite in granites. Historical grades 10 – 100 g/t Au (+/- Ag) Alluvial workings produced >2,300 kg Au
Slide 28: EL4717 – Omeo/Ensay Shear Zone
EL4717 – Omeo/Ensay Shear Zone For personal use only EL4717
Slide 29: EL4717 – Omeo Geophysics
EL4717 – Omeo Geophysics For personal use only 15th April - 11th May 2014. Dipole-Dipole IP Sounding and Scanning. （Line spacing: 100m；Station Separation Distance: 20m） Line Survey: 7.22km Dipole-Dipole Multi Polar Distance IP Survey: 6.26km IP Sounding Point:257
Slide 30: 2014 - Omeo Geophysical Survey Over Comstock Prospect
2014 - Omeo For personal use only Geophysical Survey Over Comstock Prospect III I II
Slide 31: EL4717 - Omeo Future Work
EL4717 - Omeo For personal use only Future Work Comstock : Three (3) Targets Identified for Possible Drill Testing. Forsyth: Geophysical Survey & Follow-up Drilling. Mountain Maid : 600m (4 holes) Changes to MRSDIR (2014) legislation may reduce or negate need for vegetation offset
Slide 32: Summary
Summary For personal use only Tenement Renewals & Reductions – Ongoing MIN4921 - Glen Wills. – Work Plan Preparation. Centre Country – Structural Model Confirmation on MIN4921 & EL3916
Slide 33: Summary
Summary For personal use only Comstock (EL4717) – Geophysical Targets Identified. Granite Flat (EL4744) – Structural Target Identified. Merrimac (EL3916) – Hold Status.
Slide 34: 2015 Programme
2015 Programme For personal use only Work Plan Submission for Processing at Glen Wills. Limited Ongoing Drilling at Glen Wills, Sunnyside & Centre Country. Drilling & Geophysics at EL4717 - Omeo. Field Investigations at EL4744 – Granite Flat. Reviews and Acquisitions
Slide 35: Thank you
For personal use only Thank you.