Dundas Minerals Limited · ASX:DUN
Dundas Minerals — ShareCafe Small Cap Hidden Gems Webinar (December 2021)
25 slides from Dundas Minerals's conference presentation, Dec 9, 2021
Slide 1: Investor Webinar Presentation ASX Announcement
ASX ANNOUNCEMENT 9 December 2021 INVESTOR WEBINAR PRESENTATION For personal use only Dundas Minerals Limited (ASX: DUN) (“Dundas” or “the Company”) is Dundas pleased to announce its participation in the ShareCafe Small Cap Minerals Limited "Hidden Gems" Webinar. Directors The Webinar will be held on
Slide 2: Dundas Minerals
DUNDAS For personal use only MINERALS Exploring for: Nickel, Copper, Gold Dominant Tenement Position Highly prospective Albany-Fraser Orogen 1,201km2 Western Australia’s Albany-Fraser Orogen ASX: DUN 10 December 2021
Slide 3: Battery Materials: Electric Vehicles & Energy Storage
Battery Materials: Electric Vehicles & Energy Storage For personal use only Nickel, copper and cobalt demand poised to explode, from growth in electric vehicles and renewable energy storage Demand Battery Materials demand forecast (2020 – 2030) Global Cumulative Energy storage installations (2015 –
Slide 4: Battery Materials: Thematic now well understood
Battery Materials: Thematic now well understood It’s all about demand 10 For personal use only Demand to 20 years from now “KoBold Metals” A journey of years “KoBold Metals” Discovery Drill-out Feasibility Permitting Financing “I’d just like to re-emphasize, any mining companies out there, please mi
Slide 5: Albany-Fraser Orogen
Tropicana Albany-Fraser Orogen q Two world class / company making For personal use only en on og ore bodies (so far) rat Or Discovery nC er Tropicana ras gar y- F Nova/Bollinger Yil an Alb Kambalda q Highly prospective for Nova and Tropicana style deposits Nova o Mafic/Ultramafic (Nova) Norseman o A
Slide 6: Dundas: 1,201km2
Dundas: 1,201km2 Nova q 12 Contiguous Exploration For personal use only Discovery Licences, 100% held by Dundas Norseman q Unallocated Crown Land Dundas Nature Reserve q Prior exploration in the area was predominantly pre-2012, (Nova discovery) and was gold focused Dundas Minerals q Never explored f
Slide 7: Bedrock: never drill tested
Bedrock: never drill tested q 5-30m of cover (regolith) For personal use only (Tertiary to Recent sand, calcrete, Discovery sedimentary rocks) q No Deep Drilling q Air-core q RAB To refusal – average depths ~25m Proterozoic / Re- q Bedrock ?? ar worked Archean ?? he Considerable uncertainty Proteroz
Slide 8: Prior exploration: Gold focussed
Prior exploration: Gold focussed q Targeted gold: re-worked Archean rocks For personal use only Search q Limited use of geophysics q Soil / calcrete exploration model q Ineffective: transported cover / regolith Calcrete Exploration Model Air-Core 2 Drilling Soil / Calcrete 1 Samples Bedroc k 0m –1 0
Slide 9: Prior exploration: gold focussed
Prior exploration: gold focussed q Targeted gold - re-worked Archean rocks For personal use only Search q Used soil / calcrete sampling model q Limited use of geophysics And q Was all before discovery of Nova (Ni/Cu) (2012) and Julimar (Ni/Cu/PGE) (2020) q Both deposits are hosted in mafic / ultrama
Slide 10: Nova-Bollinger: 2012 (Sirius Resources now IGO)
Nova-Bollinger: 2012 (Sirius Resources now IGO) For personal use only Discovery ~160m under cover Magnetic anomaly Surface 160m Nova Mine ASX: DUN www.dundasminerals.com | 9
Slide 11: Julimar: 2020 (Chalice)
Julimar: 2020 (Chalice) For personal use only Discovery ~45m under cover Strong Magnetic Anomaly Surface 45m ASX: DUN www.dundasminerals.com | 10
Slide 12: Under-cover exploration
Under-cover exploration The most modern geophysical For personal use only Tenement wide geophysical surveys Search surveys – not available in 2012 Recently Completed Electromagnetic SkyTEM AEM: Electro-magnetic & magnetic survey 400m spacing, 200m in priority areas Gravity: Ground gravity 500m spaci
Slide 13: Gravity Survey: What we had
Gravity Survey: WHAT WE HAD For personal use only q Collection of random variable Search spaced data q Mostly 15+ years old q Of limited use to identify priority target areas / underlying bedrock structure 0 5 10km ASX: DUN www.dundasminerals.com | 12
Slide 14: Gravity Survey: What we now have
Gravity Survey: WHAT WE NOW HAVE For personal use only q 4,000 individual gravity Search station readings q Significant apparent gravity anomalies q Eight weeks to complete q Assisted by mallee being cleared by fire (2019/20) 0 5 10km ASX: DUN www.dundasminerals.com | 13
Slide 15: AEM Survey: Areas of high conductivity
AEM Survey: Areas of high conductivity For personal use only Search AEM Survey coverage area (shaded) 2,174 line km’s Electromagnetic conductivity: Channel 40 • 1,829km @ 400m spacing • 345km @ 200m spacing 0 5 10km ASX: DUN www.dundasminerals.com | 14
Slide 16: Four high priority targets: In-fill gravity/magnetics/EM
Four high priority targets: In-fill gravity/magnetics/EM For personal use only q Coincidental gravity / Search magnetic / AEM anomalies Terra Firma Jumbuck q In-fill gravity and aero- North East magnetic surveys q Enhanced modelling of Matilda South body shapes and depths Areas for In-fill gravity G
Slide 17: Matilda South: 3D Gravity Inversion Model
Matilda South: 3D Gravity Inversion Model (on Mag. colour image) Goldport DDHAC004 (31m) logged as: Max depth of Goldport drilling 64m. “Intermediate / mafic pluton or q Density of 3T/m3 For personal use only Dundas models top of bodies at ~135m. pyroxene granulite?”. (2005) q Top of gravity model S
Slide 18: Refine the search space
Refine the search space Target For personal use only Definition Search Proceeding What Detailed geophysical surveys over target areas Gravity: Tools Ground gravity 100m spacing on 250m lines Magnetics: Aerial magnetic survey 100m line spacing Ground EM: Locate areas of high conductivity to drill tes
Slide 19: Drilling: the ultimate test
Drilling: the ultimate test Drill Testing For personal use only Search From Dec. ‘21 What Drill testing discrete targets for mineralisation Tools Jumbuck: Ni prospect Kokoda: Au prospect Objectives Determine: • Rock types • Mineralisation (type and grade) • Size / structure ASX: DUN www.dundasminera
Slide 20: Never tested at depth? Low hanging fruit
Never tested at depth ? 0 5 10km LOW HANGING FRUIT For personal use only Series of surrounding RAB holes with elevates Jumbuck 2m @ 0.5% Ni (BOH) Sulphur (2011) VTEM & SkyTEM RC drilling 22m RAB hole conductors Proximal to late-time December EM conductor 2021 Kokoda 1.5km x 3.5km gold (2010) anomaly
Slide 21: Never tested at depth? Low hanging fruit
Never tested at depth ? 0 5 10km LOW HANGING FRUIT For personal use only Terra Firma 2022 (1995) NM37: 4m@1.06g/t 40m RAB hole Au (BOH) pending tenement Mulga grants (2010) 2.0km x 5.5km gold anomaly. Air-Core 26% calcrete samples >10ppb 2022 pending Matilda South (2021 SkyTEM survey) Coincidental d
Slide 22: Significant Planned Activity
Significant Planned Activity For personal use only Dec. Jan. Feb. Mar. Apr. Planned Activity 2021 2022 2022 2022 2022 Jumbuck drilling1 Christmas Break Kokoda drilling1 (~2 weeks) In-fill gravity surveys Assays In-fill aero-magnetic surveys Modelled targets from in-fill gravity/mag/EM H-1 2022 drill
Slide 23: Experienced and Decisive
Experienced and Decisive Experience For personal use only Mark Chadwick Shane Volk Tim Hronsky Mike Northcott Steve Massey B Com (Acc); CA B Bus (Acc); AGIA B Eng (Geol) B Sc (Geol) M Sc (Geophysics) Chairman Managing Director Technical Director Exploration Manager Geophysics q 120+ years of resourc
Slide 24: Competent Persons Statement and Disclaimer
Competent Persons Statement and Disclaimer Competent Persons Statement The information in this presentation that relates to Exploration Results is extracted from the report entitled Independent Technical Assessment Report created on 30 August 2021, and is For personal use only included in the Initia
Slide 25: Join us in the Search
DUNDAS For personal use only MINERALS Join us in the Search Be part of the Discovery 1,201km2 Western Australia’s Become a Dundas Shareholder Albany-Fraser Orogen ASX: DUN December 2021
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