Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Corporate Update (April 2011)
24 slides from Liontown's corporate update, Apr 8, 2011
Slide 1: Exploration Update: Corporate and Project Overview
For personal use only Exploration Update Corporate and Project Overview 3D IP April 2011
Slide 2: Disclaimer
Disclaimer For personal use only Disclaimer The material used in this presentation is intended to be a summary of operational and geological activities that are current and proposed, based on the information available to Liontown Resources Limited as at 31 March 2011. This presentation may contain v
Slide 3: Corporate Snapshot
Overview Corporate Snapshot For personal use only Shares ~210 million Market Capitalisation ~$14 million Cash ~$1.9 million Exploration Portfolio >5,000 km2 Major Shareholder Tim Goyder (28%) Top 50 >80% 3
Slide 4: Well Credentialed Board and Management
Overview Well Credentialed Board and Management For personal use only David Richards Tim Goyder Richard Hacker Managing Director Executive Chairman CFO/Company Secretary Craig Williams Vince Gauci Tony Kiernan Doug Jones Non-Executive Director Non-Executive Director Non-Executive Director Non-Execut
Slide 5: Critical Discovery Criteria
Critical Discovery Criteria The keys to success For personal use only OBJECTIVE STRATEGY MEASURE JV or acquire Queensland and Explore in proven regions Build knowledge base Tanzanian portfolios Look below and beyond Well defined exploration Test new targets previous explorers models Acquire large la
Slide 6: North Queensland
For personal use only North Queensland
Slide 7: North Queensland: World class precious and base metal province
North Queensland World class precious and base metal province For personal use only Key Assets Panhandle Project Wholly owned >1,200 km2 >$500,000 budget High grade silver and gold Mt Windsor JV Ramelius can earn 60% by spending $7million in 4 years >3,500 km2 2010 expenditure ~ $1.5 m
Slide 8: Exploration Models
Exploration Models Breccia pipes and bonanza epithermal veins For personal use only Breccia Pipe Epithermal Veins e.g. Mt Wright, Mt Leyshon e.g. Pajingo, Cracow Au zone Au zone 200m 200m Vertically zoned models - surface expressions identified by: 1. Pathfinder geochemistry High arsenic, antimony a
Slide 9: Panhandle Project
Panhandle Project Established gold potential/ Emerging silver province For personal use only Panhandle Project Wholly owned by Liontown ~1,260 km2 Strategic location near Conquest’s Mt Carlton Ag/Au deposit Extensive silver anomalism defined by historic stream sampling for gold and base meta
Slide 10: Panhandle Project: Historic stream sampling - silver
Panhandle Project Historic stream sampling - silver For personal use only Mt Carlton 2 large silver anomalies defined within Project area Size and amplitude of anomalies compare favourably with Mt Carlton response Quartz Ridge Limited follow up has identified Powerline Silver Trend and Quartz
Slide 11: Panhandle Project: Powerline Silver Trend
Panhandle Project Powerline Silver Trend For personal use only 7.5km long Ag-in-soil anomaly Faulted lithological contact Northern Line >250ppb Ag Silver anomaly ~1.5km wide >500ppb Ag Open along strike Soil values 0.25-2.94g/t +Strongly anomalous Limited rock chip sampling has Pb, Zn, In an
Slide 12: Quartz Ridge – Pajingo (epithermal vein) style target
Panhandle Project Quartz Ridge – Pajingo (epithermal vein) style target For personal use only Beta Zone – 150m, NE trending “float train” with multiple Au values >5g/t and Ag values >50g/t. Target zone at depth not at surface Beta Zone IP survey has defined target 100-150m vertically below Bet
Slide 13: Panhandle Project: Work program – 2011
Panhandle Project Work program – 2011 For personal use only Phase 1 800x100m Soils Soil Sampling 800 x 100m (Regional) Quartz Ridge 200 x 100m (Powerline) 200 x 100m (Follow up) Diamond Drilling (CDI-assisted) Powerline (2 holes/750m) Quartz Ridge (1 hole/500m) Phase 2 Powerline Trend
Slide 14: Mt Windsor Joint Venture: Regional Setting and 2011 targets
Mt Windsor Joint Venture Regional Setting and 2011 targets For personal use only Dominant land position (>3,500km2) in +20Moz gold province 14
Slide 15: Mt Redan (G22) – Hill C
Mt Windsor Joint Venture Mt Redan (G22) – Hill “C” For personal use only Topographic high Multi-element geochemical anomaly including gold and copper. High level indicators (Hg, Sb, As) = top of system 2km long Open along strike due to transported cover No previous drilling 15
Slide 16: Northern Tanzania
For personal use only Northern Tanzania
Slide 17: Lake Victoria Goldfield - Tanzania
Lake Victoria Goldfield - Tanzania World class gold province For personal use only Jubilee Reef Project – Strategic location in a world class gold province 17
Slide 18: Jubilee Reef Joint Venture: Key Points
Jubilee Reef Joint Venture Key Points For personal use only World Class Gold Province (LVGF) – e.g. Bulyanhulu (~17Moz), Strategic Location Geita (~12Moz) Tenement Area ~60 km2 Geology Archaean greenstones - abundant Banded Iron Formation (BIF) JV Deal/Partner Right to earn up to 75% from Currie Ros
Slide 19: Jubilee Reef Joint Venture: Gold targets
Jubilee Reef Joint Venture Gold targets For personal use only Magnetic image showing targets identified by initial data assessment 19
Slide 20: Shangaza/Panapendeza Prospect
Jubilee Reef Joint Venture Shangaza/Panapendeza Prospect For personal use only >1km long gold anomaly Abundant EOH anomalism Open along strike and at depth Multiple zones of bedrock mineralisation? RAB intersections up to 19m @ 3.6g/t Au (from 26m) RC intersections up to 20m @ 1.5g/t Au
Slide 21: Panapendeza (Northern) Zone
Jubilee Reef Joint Venture Panapendeza (Northern) Zone For personal use only Drill Hole Plan – Parallel zones of primary gold mineralisation open along strike and at depth 21
Slide 22: Panapendeza Zone – Drill Sections
Jubilee Reef Joint Venture Panapendeza Zone – Drill Sections For personal use only Section 440976E Section 441046E Section 441184E W E Continuous gold mineralisation intersected on multiple sections over >200 metre strike Open along strike and at depth 22
Slide 23: 2011 Exploration Program: Objectives and Plan
2011 Exploration Program Objectives and Plan For personal use only North Queensland ► Panhandle Project (100% LTR) • Targeting silver and gold • Infill sampling, then ~3,000m drilling • ~$500,000 budget ► Mt Windsor (RMS earning 60%) • Multiple targets awaiting follow up • ~$1,000,000 budget Norther
Slide 24: Thank You
For personal use only Thank You