Aeon Metals — Investor Presentation (November 2014)
24 slides from Aeon Metals's investor presentation, Nov 24, 2014
Slide 1: Transforming into a Copper, Lead, Zinc Force
Transforming into a Copper, Lead, Zinc Force 24 November, 2014 ASX Code: AQR Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au
Slide 2: Disclaimer
Disclaimer Important Information This document has been prepared by Aeon Metals Limited (Aeon) for the purpose of providing a comprehensive company and technical overview to interested analysts and investors. This document is not a prospectus and should not be considered an offer or an invitation to
Slide 3: Corporate Overview – Post Aston Metals Transaction
Corporate Overview – Post Aston Metals Transaction Capital Structure Share Price Graph • Aeon Metals Limited (ASX:AQR) • 304m shares on issue • 64.25m options • Share Price - ~$0.12 • Market Capitalisation (undiluted) ~$37m Board of Directors Shareholders • Thomas Mann Chairman • OCP Holdings 15.9%
Slide 4: Combined Queensland Assets – Significant growth potential
Combined Queensland Assets – Significant growth potential North West Qld (old Aston) South East Qld • World class copper district • Large copper province • Walford Creek Project (100%): in close proximity to existing infrastructure • JORC Resource1 - 188,000t of copper • Growing JORC Resource base -
Slide 5: Aston Metals Acquisition (June 2014) – Projects Overview
Aston Metals Acquistion (June 2014) – Projects Overview • Extensive exploration tenement portfolio in proven producing North West Queensland Minerals Province • Priority: Walford Creek Project - JORC Inferred & Indicated Resource - Pathway to project development – open pittable - World class mineral
Slide 6: Private Hands - Extensive drilling undertaken
Private Hands - Extensive drilling undertaken Inferred & Indicated Indicated • 215 shallow holes drilled • 34,190m in 3 phases of work • ~$8m drilling program for 14,929m during 2010-12 - Private hands - 2013 – no holes drilled due to financial woes Company Period Drilling 1) WMC 1989-96 93 holes to
Slide 7: Walford Creek: JORC Resource – Grade Potential
Walford Creek: JORC Resource – Grade Potential Cu- Mineral Category Tonnes Cu Pb Zn Ag Co Equiv2 (mt) (%) (%) (%) (gpt) (ppm) (%) Combined Indicated 14.7 0.46 0.83 1.04 20.1 920 1.62 Inferred 33.6 0.36 0.83 0.81 20.5 648 1.33 Total 48.3 0.39 0.83 0.88 20.4 731 1.42 At 0.5% Cu-Eq cut off based on A$3
Slide 8: Walford Creek Video
Walford Creek Video Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au 8
Slide 9: Walford Creek: Private Hands Intercepts
Walford Creek: Private Hands Intercepts The following table highlights some of the significant drill intercepts made by Aston Metals during the drilling on the Walford Creek Project between 2010-2012. All but WFPD157 are included in the Resource. NOT DEEP • WFDD87 – 27m @ 1.6% Cu, 0.36% Co, 1.9% Pb,
Slide 10: Walford Creek – 2014 Drill Program
Walford Creek – 2014 Drill Program Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au
Slide 11: Walford Creek – Fault bound mineralisation extending +25km
Walford Creek – Fault bound mineralisation extending +25km Indicated Inferred Exploration Potential Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au
Slide 12: Walford Creek – Mine development pathway
Walford Creek – Mine development pathway 2014 2015 Walford Creek Activity Q2 Q3 Q4 Q1 Q2 Q3 Q4 6,000m drill program – Resource upgrade Metallurgical testing, process flowsheet Mining pit optimisation/scheduling review Infrastructure studies 6,000m drill program ` Environmental studies Pre-Feasibilit
Slide 13: Walford Creek: 2014 Drill Program & Results to-date
Walford Creek: 2014 Drill Program & Results to-date 2014 2015 Walford Creek Activity Q2 Q3 Q4 Q1 Q2 Q3 Q4 6,000m drill program – Resource upgrade The following table highlights some of the significant drill intercepts during the 2014 drilling on the Walford Creek Project: • WFPD177 – 35m @ 1.0% Cu,
Slide 14: Walford Creek: Geological Continuity
Walford Creek: Geological Continuity Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au
Slide 15: Walford Creek: Geological Continuity
Walford Creek: Geological Continuity Post 2014 drilling lithological assessment: • Mineralised zones determined to be continous. • 2km step out holes hits same mineralised zones. • WFPD179 – 11m @ 5.7% Zn, 0.17% Co, 0.3% Pb, and 8g/t Ag from 445m Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.a
Slide 16: Walford Creek: GeoMetallurgy Model Well Underway
Walford Creek: GeoMetallurgy Model Well Underway 2014 2015 Walford Creek Activity Q2 Q3 Q4 Q1 Q2 Q3 Q4 Mining pit optimisation/scheduling review Metallurgical testing, process flowsheet • Consultants mandated and geological and metallurgical activities well underway. • Geology – H&S Consulting. • Me
Slide 17: Sth East Qld – Genesis of Aeon
Sth East Qld – Genesis of Aeon • Large Copper Province in close proximity to existing infrastructure - 150km by road to Gladstone port - Overhead powerlines - Major mining service providers servicing nearby Bowen Basin coal industry - Nearby regional airport serviced by Qantas • Growing JORC resourc
Slide 18: Sth East Qld – Ben Hur Copper Project
Sth East Qld – Ben Hur Copper Project • Maiden November 2013 Mineral Resource estimate for the John Hill copper-silver- molybdenum deposit within the Ben Hur Project JORC Classification Tonnage Cu Grade Mo Grade Ag Grade Cu Mo Ag (@ 0.24% Cu cut-off) (Mt) (%) (%) (g/t) (t) (Mlb) (Moz) Inferred 62 0.
Slide 19: Sth East Qld - Ben Hur Copper Project
Sth East Qld - Ben Hur Copper Project • The John Hill deposit a small component of the overall Ben Hur Project • The known mineralisation at Ben Hur is 6.3km long and 2km wide • 59 holes have been drilled by Kennecott (1970’s) approx 1km to north of John Hill deposit • All Kennecott holes were shall
Slide 20: Aeon the new force in Australian metals
Aeon the new force in Australian metals • Significant growth potential • Acquisition taking advantage of distressed sale/market timing • Base metal (Cu, Pb, Zn, Mo, Co) + Ag leverage. Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au
Slide 21: Appendix A: Walford Creek Competent Person Statement
Appendix A: Walford Creek Competent Person Statement Competent Person Statement The data in this report that relates to Mineral Resource Estimates for the Walford Creek Deposit is based on information evaluated by Mr Simon Tear who is a Member of The Australasian Institute of Mining and Metallurgy (
Slide 22: Appendix B: Aeon Competent Persons Statement
Appendix B: Aeon Competent Persons Statement Competent Person Statement The information in this report that relates to Exploration Results and Mineral Resources for Ben Hur is based on information compiled by Mr Robin Simpson, a Competent Person who is a Member of the Australian Institute of Geoscie
Slide 23: Appendix C: Contained Metal Equivalents
Appendix C: Contained Metal Equivalents Contained Metal Equivalents It is the Company's opinion that all the elements included in the metal equivalents calculation below have a reasonable potential to be recovered. The following metal prices were used for the calculation of copper equivalent - A$3.5
Slide 24: Contact us
Contact us Corporate Advisors: Palladion Partners Aeon Metals Limited Suite 14, 234 George Street Suite 32, Level 7, 88 Pitt Street Sydney NSW 2000 Sydney NSW 2000 Andrew Bald, MD Hamish Collins, MD info@palladion.com.au info@aeonmetals.com.au Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au w