Magnetic Resources Nl · ASX:MAU
Magnetic Resources Nl — Investor Presentation (October 2019)
23 slides from Magnetic Resources Nl's investor presentation, Oct 23, 2019
Slide 1: Magnetic Resources October 2019
mA) magnetic resources" OCTOBER 2019
Slide 2: Disclaimer
Company Overview DISCLAIMER The information contained in this presentation has been prepared by Magnetic Resources NL (MAU). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in MAU. This prese
Slide 3: Company Overview: Capital Structure and Board
Company Overview Magnetic is listed on the Australian Stock Exchange (ASX Code: MAU). Capital Structure ASX:MAU Experienced Board Position Held Shares on issue 202,026,870 Options and contributing shares on issue 20,418,862 George Sakalidis Managing Director Fully diluted shares on issue 222,445,732
Slide 4: Company Overview
Company Overview Magnetic is listed on the Australian Stock Exchange (ASX Code: MAU). ❑ At HN9 a significantly sized NNW 3km gold mineralised zone has been outlined being 200m wide and is open to the northwest, south-southwest and at depth. Within the 3km zone there are 272 intersections (ranging fr
Slide 5: Leonora–Laverton Gold Projects
Leonora–Laverton Gold Projects Background ❑ The Leonora-Laverton district is well endowed with large world-class gold deposits having over 34Moz (mined plus resources), second to the Kalgoorlie region in WA. The company has 259km2 in the Laverton region and 206km2 in the Leonora Region. Most gold ta
Slide 6: Work Programmes complete and future programmes
Leonora–Laverton Gold Projects Work Programmes complete and future programmes Drilling & ground magnetics Tenement Surface sampling completed Proposed exploration completed Laverton area 539 RC for 23226m HN9 – 5 RC holes for 1125m Hawks Nest E38/3127 4099 soils 2 AC holes for 66m WoF - 28 RAB holes
Slide 7: Gold Mines, Faults, Ground Magnetics, Drillhole Max Gold, Aeromagnetics
Laverton Gold Mines, Faults, Ground Magnetics, Drillhole Max Gold, Aeromagnetics Slide 7 7
Slide 8: Priority Projects
Laverton-Leonora Gold Projects Priority Projects ❑ In the Laverton district we have 259 km 2 of tenements. ❑ The Priority Projects, after major drilling programmes are in order of priority, Hawks Nest 9, Lady Julie, Homeward Bound South and Hawks Nest 5. ❑ Two other secondary targets include a geoch
Slide 9: Wallaby, Jupiter & Sunrise Dam Mine Cross Sections
Leonora–Laverton Gold Project Wallaby, Jupiter & Sunrise Dam Mine Cross Sections Sunrise Dam (10Moz) Wallaby (7Moz) Jupiter (1.3Moz) Slide 9 9
Slide 10: Laverton area — Hawks Nest Project
Laverton area — Hawks Nest Project At Hawks Nest 9 (HN9): ❑ Magnetic Resources have drilled 419 holes for 16,649m and are currently drilling 5 RC holes totalling 1125m and a total of 1583 soil samples have been assayed over a 4.2km2 area. ❑ Historical drilling results for 21 RC holes for 780m and 43
Slide 11: Hawks Nest 9, soil sampling and planned RC programme
Laverton area — Hawks Nest Project Hawks Nest 9, soil sampling and planned RC programme ❑ A significant 3.0km x 200m mineralised zone has now been confirmed by drilling. The northern part trends NNW and is 2.2km long. In the south it bends to the SSW, is 0.8km long and is open. Follow up drilling is
Slide 12: Hawks Nest Soil Sampling completed and planned RC drilling
Laverton area — Hawks Nest Project Hawks Nest 9 Soil Sampling completed and planned RC drilling ❑ A 3km long x 500m wide arcuate shaped gold and multielement soil anomaly identified with 53 values above 100ppb Au. This soil anomaly is open to the northwest. ❑ Associated with altered porphyries and m
Slide 13: Laverton area — Lady Julie Project
Laverton area — Lady Julie Project New acquisition (P38/4346, P38/4379–84) ❑ Magnetic Resources has expanded its prospective land holding directly east of HN9, following an option to purchase 7.1 km2 of tenements at the Lady Julie Project. The prospective land position at HN9 increased from 4.2 to 1
Slide 14: Lady Julie Planned drilling
Laverton area — Lady Julie Project Planned drilling ❑ Several of these mineralised zones are like HN9 and occur within altered porphyry and altered porphyry and mafic contacts and in some case with sediment zones. ❑ The Lady Julie tenements are strongly mineralised with 140 gold intercepts greater t
Slide 15: Hawks Nest completed RC/RAB and proposed RC drilling programme
Laverton area — Hawks Nest Project Hawks Nest 5 completed RC/RAB and proposed RC drilling programme ❑ 28 RC for 991m and RAB holes for 233m completed adjacent to and along strike from hole MHNRC48 which intersected 7m @ 4.5g/t Au from 5m in a quartz-veined black shale unit intruded by porphyry. ❑ Nu
Slide 16: Laverton area — Mt Jumbo East Project
Laverton area — Mt Jumbo East Project ❑ 11km2 of tenements called Mt Jumbo East (P38/4317–4324) only 5km north of the 7Moz Wallaby deposit. ❑ Significant shallow historical drill intersections at the No Name prospect include 6m @ 5.8g/t Au from 10m in drillhole MJC09 in quartz veined and sulphidic B
Slide 17: RC Drilling
Laverton area — Mt Jumbo East Project RC Drilling Slide 17 17
Slide 18: Leonora area — Homeward Bound, Christmas Well and Mertondale Project
Leonora area — Homeward Bound, Christmas Well and Mertondale Project Location ❑ 206km2 in the Leonora region. ❑ Numerous dilation targets at changes in orientation of the Mertondale Shear Zone and parallel shears. ❑ 20km NW of the Cardinia Gold Project (193,000oz) and only 5km west of the Mertondale
Slide 19: Homeward Bound South Soil Geochemistry
Homeward Bound South Soil Geochemistry ❑ The 14km2 tenements comprise granted prospecting licence eight prospecting licences P39/5455,P39/5928-5929, P39/5931-5934, and P37/9144 covering a 5km strike length of the Federation Shear Zone situated 40km east of Leonora. ❑ Six shallow, wide-spaced drillho
Slide 20: Leonora area — Christmas Well Project
Leonora area — Christmas Well Project RAB drilling below Triumvirate workings and a follow up 10 RC programme Slide 20 20
Slide 21: Leonora area — Mertondale Project
Leonora area — Mertondale Project Large Gold Nuggets ❑ In the northern part of the Mertondale tenement more than 70oz of gold nuggets have been located to date. ❑ Nuggets are reported at shallow depths within a lateritic profile. ❑ Two largest nuggets at 11.5oz and 21oz. The 21oz nugget (10cm) repor
Slide 22: Iron Ore Projects
IRON ORE PROJECTS Purchase Agreement with Northam Iron Pty Ltd ❑ Magnetic Resources still maintains an interest in potentially economic iron ore deposits and mainly focused on Mt Joy, Ragged Rock and Kauring. ❑ A Purchase agreement was signed with Northam Iron following a 3- month due diligence peri
Slide 23: George Sakalidis Managing Director
Magnetic Resources provides a unique opportunity to invest in an emerging gold market within the world- class Laverton region. Active programmes are in progress with HN9 shaping up as a large >3.0km gold system with extensive further shallow drilling programmes continuing. George Sakalidis Managing
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