Rincon Resources Ltd. · ASX:RCR
Rincon Resources — Investor Presentation (December 2020)
27 slides from Rincon Resources's investor presentation, Dec 21, 2020
Slide 1: Western Australian Gold & Base Metals Exploration Company
For personal use only Western Australian Gold & Base Metals Exploration Company ASX:RCR 1 ASX : RCR Rincon | ACNLtd Resources 628 003 538 2020 Investor Presentation – November
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation and any accompanying verbal presentation (together the Presentation) and confidential information has been prepared by Rincon Resources Limited (Rincon or the Company) and approved by the Board of the Company. The information contained in the Presen
Slide 3: Gold & Base Metals Exploration Company
GOLD & BASE METALS EXPLORATION COMPANY For personal use only Focused on Proven but Experienced Board & Management with Underexplored Mineralised Belts in Resource Discovery Success (ASX listed Western Australia Tesoro Resources) Three Strategic & Focus on Drilling Laverton & South Telfer Regionally
Slide 4: Rincon Resources – Exploration Projects
RINCON RESOURCES – EXPLORATION PROJECTS For personal use only South Telfer (Rincon 100%) Paterson Province 12km South West of Telfer Gold Mine >50km of Prospective Telfer Host Geology Proven Gold & Copper Mineralisation Laverton (Rincon 100%) Mt Margaret-Murrin Greenstone Belt 4km South/
Slide 5: South Telfer – Tier One Geological Endowment
SOUTH TELFER – TIER ONE GEOLOGICAL ENDOWMENT For personal use only Newcrest – Telfer Mine 32Moz Au & 1Mt Cu (0.76g/t Au) Rio Tinto – Winu Discovery 503Mt @ 0.45% Cu Eq (2.26Mt Cu) High grade core 188Mt @ 0.68% Cu Eq (1.27Mt Cu) Rio Tinto >12,000km2 of Tenements Metals X – Nifty Mine 2Mt Cu Ant
Slide 6: South Telfer Gold & Copper Project
SOUTH TELFER GOLD & COPPER PROJECT For personal use only South Telfer Paterson Province 54,538Ha of Granted Tenements 12km South West of Telfer Gold Mine >50km Strike of Telfer Host Geology Outcropping Mineralised Isdell Formation Along Strike from Telfer Gold Mine Significant Historical Wor
Slide 7: South Telfer Gold & Copper Project Targets
SOUTH TELFER GOLD & COPPER PROJECT TARGETS For personal use only Main Targets Hasties & Westin Newcrest Drilled Thick Intercepts from Surface* Hasties Gold Intercepts: o 57.80m @ 2.05g/t Au from 17.40m, including; o 16.10m @ 4.75g/t Au from 42.70m; o 68.00m @ 1.33g/t Au from 1.00m; o 36.00m @ 1.
Slide 8: South Telfer Gold & Copper Project Hasties
SOUTH TELFER GOLD & COPPER PROJECT HASTIES For personal use only Hasties Hosted within Isdel Formation Surface Gossan up to 36.35g/t Au Structurally Controlled Breccia Style Mineralisation Down Plunge South West Extensions Untested Mineralised Zone >1km up to 50m Wide Open in All Directi
Slide 9: South Telfer Gold & Copper Project – Westin Trend
SOUTH TELFER GOLD & COPPER PROJECT – WESTIN TREND For personal use only Westin Trend Defined by 5km Long Gold & Magnetic Anomaly on Telfer Trend Anomaly Defined by Wide Spaced Aircore Drilling Target Zone Under Cover (20m-100m) 8.00m @ 3.85g/t Au from 84m Anomaly Never Followed Up Open t
Slide 10: Laverton Gold Project – Regional Overview
LAVERTON GOLD PROJECT – REGIONAL OVERVIEW For personal use only Laverton Experiencing an Exploration Boom Ground Tightly Held Prime Mineralised Tenements +25M oz Gold Endowment Historic & Producing Gold Mines within Belt Anglo Ashanti – Wallaby Mine +7.0M oz Dacian Gold – Mt Morgans 2.
Slide 11: Laverton Gold Project
LAVERTON GOLD PROJECT For personal use only 4,200Ha in Mt Margaret-Murrin Greenstone Belt 4km South/South West of Laverton Covering 11km of Prospective Greenstone Belt Little Modern Exploration Undertaken High Grade Early 1900’s Shafts on the Tenement Multiple High-Grade Gold Intercepts
Slide 12: Laverton Gold Project
LAVERTON GOLD PROJECT For personal use only Two Mineralised Shears important Controls for Mineralisation Gladiator Gold Mineralisation Associated with Magnetic Banded Iron Formation (BIF) Units BIF Extends South into Sunshine- Corio Shear Zone Recently Identified GG Anomaly Laverton Projec
Slide 13: Laverton Gold Project
LAVERTON GOLD PROJECT For personal use only Two Prospective Trends Identified to date related to Regional Shear Zones & BIF Historic Drill Results Open in All Directions*: o 4.00m @ 1.50g/t Au from 21.00m; o 7.00m @ 15.90g/t Au from 21.00m; & o 1.00m @ 1.50g/t Au from 55.00m. New Interpretatio
Slide 14: Laverton Gold Project
LAVERTON GOLD PROJECT For personal use only Geochemical Soil Survey Conducted over Prospective Structures in North West Identified Large Gold & Arsenic Anomaly Coincident with North West Trending Structures, thought to Control Gold Mineralisation in Region Expanded Geochemical Survey - 800 Soi
Slide 15: Kiwirrkurra Gold & Copper Project
KIWIRRKURRA GOLD & COPPER PROJECT For personal use only 12,600Ha over the Central Australian Suture at Boundary of Aileron & Warumpi provinces 30km of Prospective Strike Prospective for Orogenic Gold, IOCG Gold & Copper IOCG Copper Mineralisation Drilled at Pokali Prospect*: o 32m @ 0.46% Cu
Slide 16: Rincon Workplan & Newsflow
RINCON WORKPLAN & NEWSFLOW For personal use only Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Laverton Aircore SOUTH TELFER Drilling Define Hastie’s Deposit Drill Westin Anomaly South Telfer Mapping Extend Westin Footprint & Geophysics High Resolution Magnetics South Telfer Phase 1 LAVERTON Drill
Slide 17: Rincon Resources – Corporate Overview
RINCON RESOURCES – CORPORATE OVERVIEW For personal use only ASX Code RCR Ownership Structure Shares on Issue m 51.34 Options on Issue m nil IPO Issue Price A$ 0.20 10.32% Market Capitalisation (at IPO) A$m 10.27 IPO funds raised (before costs) A$m 6.00 16.89% Cash A$m 6.81 Debt A$m nil 6.00% Enterpr
Slide 18: Directors & Management
DIRECTORS & MANAGEMENT For personal use only Geoff McNamara, Executive Chairman >25 years of international resource sector experience, operational roles include Project Manager, Senior Mine Geologist & Mine Geologist for Ivanhoe Mines, Lion Ore International & WMC. Previously he worked in Private Eq
Slide 19: Contacts
CONTACTS For personal use only Geoff McNamara, Executive Chairman Zeffron Reeves, Non-Executive Director geoff.mcnamara@rinconresources.com.au zeff.reeves@rinconresources.com.au +61 8 6555 2950 +61 8 6555 2950 Rincon Resources Ltd – November 2020 Investor Presentation 19
Slide 20: Appendix – Significant Intercepts @ South Telfer
APPENDIX 1 – SIGNIFICANT INTERCEPTS @ SOUTH TELFER For personal use only 20 Rincon Resources Ltd – December 2020 Corporate Presentation * Only significant intercepts (>1 g/t gold) are included for practical reporting reasons. For full results refer to Rincon’s Prospectus dated 3 November 2020.
Slide 21: Appendix – South Telfer Hasties Project
APPENDIX 2 – SOUTH TELFER HASTIES PROJECT For personal use only Au (ppm) Cu (%) Target Target Untested down plunge extension to South West Walk up drill targets Rincon has granted PoW for drilling Native Title access agreements in place 21 Rincon Resources Ltd – December 2020 Corporate Prese
Slide 22: Appendix – JORC Tables
APPENDIX 3 – JORC TABLES Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Drilling and sampling results reported in this report refer to results taken from exploration reports lodged by previous explorers over the prospects which are available on th
Slide 23: JORC Table – Sampling Criteria
Criteria JORC Code explanation Commentary • Whether logging is qualitative or quantitative in nature. Core (or • A31642 Samples were geologically logged on a 2m composite basis costean, channel, etc) photography. • A34922 RAB holes geologically logged on 2 metre composite bases. DDH holes • The tota
Slide 24: JORC Table – Sample Analysis
Criteria JORC Code explanation Commentary 200 micron, Au 50 gm fire assay (AAS) Cu, Pb, Zn, Co, As Bi perchloric acid digestion determination by AAS • A43919 All RC and diamond samples were analysed by Analabs, samples pulverised to nominal 200 micron, Au 50 gm fire assay (AAS) Cu, Pb, Zn, Co, As, B
Slide 25: JORC Table – Drilling Criteria
Criteria JORC Code explanation Commentary • A53741 Reconnaissance line spacing 1 km apart with holes 300 -400 m apart. • A79774 Drill spacing varies between program • A35062 RAB holes drilled on grid lines spaced to test surface anomaly Diamond holes scout drilled to test individual RAB anomalies •
Slide 26: JORC Table – Reporting of Exploration Results
Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) Criteria JORC Code explanation Commentary Mineral tenement and • Type, reference name/number, location and ownership including • E45/4933. P45/2983 are under application in the Name of J
Slide 27: For personal use only
provided this information is not commercially sensitive. For personal use only 6|P a g e
Rincon Resources — Investor Presentation (December 2020) on 6ix