Ausmon Resources Limited · ASX:AOA
Ausmon Resources — Shareholder Meeting (November 2019)
42 slides from Ausmon Resources's shareholder meeting presentation, Nov 29, 2019
Slide 1: AGM Presentation
AUSMON RESOURCES LTD AGM PRESENTATION New South Wales and Queensland Projects Mark Derriman(Chief Technical Officer) 29th November 2019
Slide 2: Disclaimer
Disclaimer Certain statements contained in this presentation, including information as to the future financial or operating performance of Ausmon Resources Limited and its projects, are forward-looking statements. Such forward looking statements: ▪ Are necessarily based upon a number of assumptions
Slide 3: Ausmon Resources Corporate Strategy
Ausmon Resources Corporate Strategy • The Company is exploring for minerals (Wertago/Nuntherungie) with high growth demand in the short to medium term and minerals that will be required to be critical components of an expanding renewable sector such as cobalt, lithium, graphite and rare earths. • Th
Slide 4: Ausmon Resources Corporate Strategy
Ausmon Resources Corporate Strategy (Wertago/Nuntherungie) • Despite a recent drop in cobalt the demand is set to surge driven mostly by the EV boom. The forecast suggests by as early as 2022 or 2023 we will start to see cobalt deficits. Furthermore, the deficits are forecast to grow substantially e
Slide 5: Cobalt – Future Demand
Cobalt – Future Demand (Grasmere/Peveril) Source: Bloomberg New Energy Finance cobalt supply and demand forecast (assisted by Darton Commodities) untherungie)
Slide 6: Base Metals: Future Demand
Base Metals: Future Demand • Global zinc market to grow at 3.8% in 2022 (Wertago/Nuntherungie) • Simultaneously, the gap between demand and supply is expected to narrow and eventually the market will move into a surplus in 2022. this will be due to almost 100 new projects commencing operations betwe
Slide 7: Zinc – Future Demand
Zinc – Future Demand (Grasmere/Peveril) Source: Global Data, Mining Intelligence Centre untherungie)
Slide 8: Nickel – Future Demand
Nickel – Future Demand (Grasmere/Peveril) Source: Jim Lennon, MD, Red Door Research Ltd untherungie)
Slide 9: Ausmon Tenements in NSW and Queensland
Ausmon - 7 Tenements in NSW and 1 Tenement in Queensland, Australia
Slide 10: Ausmon Tenement Register
Ausmon Tenement Register Tenement Area Name Location Beneficial Interest Status (Wertago/Nuntherungie) EL 6400 Koonenberry NSW 100% Expiry on 1 April 2021. EL 6413 Pooraka 1 NSW 100% Expiry on 17 May 2021. EL 8424 Pooraka 3 NSW (Grasmere/Peveril) 100% Expiry on 17 February 2021 EL 8745 Kanbarra NSW
Slide 11: Broken Hill Tenements
Broken Hill Tenements Mining has been important to Broken Hill since the 1800’s when the orebody was discovered and many metals including cobalt have played their part
Slide 12: Broken Hill Tenements
Broken Hill Tenements (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 13: Broken Hill Tenements – Cobalt and Base Metal Exploration
Broken Hill Tenements – Cobalt (Co) and Base Metal Exploration • Ausmon targeting is a Co rich Pyritiferous zone (PI2) hosted by albite (Wertago/Nuntherungie) gneiss, this same stratigraphic horizon being evaluated by Cobalt Blue Holdings (ASX: COB) to the south west of Ausmon’s tenements. • Resampl
Slide 14: EL8747 Stirling Vale
EL8747 Stirling Vale (Wertago/Nuntherungie) (Grasmere/Peveril) EL 8747
Slide 15: EL8747 Stirling Vale Boundary
EL8747 Stirling Vale (Wertago/Nuntherungie) (Grasmere/Peveril) EL 8747 BOUNDARY
Slide 16: EL8747 Stirling Vale – Core Hole and Outcrop
EL8747 Stirling Vale– Core Hole and Outcrop (Wertago/Nuntherungie) P12 pyrite zone in outcrop left and hand specimen below (Grasmere/Peveril)
Slide 17: EL8747 Stirling Vale – Core Hole (Co)
EL8747 Stirling Vale– Core Hole (Co) (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 18: EL8747 Stirling Vale – Core Hole (Pb/Zn)
EL8747 Stirling Vale– Core Hole (Pb/Zn) (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 19: Broken Hill Tenements – Magnetics and Geology
Broken Hill Tenements – EL8747 magnetics/geology (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 20: EL8745 Kambarra – Soil Sampling
EL8745 Kambarra– Soil Sampling Geochemistry and Mineralogy Orientation (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 21: EL8745 Kambarra – North Kambarra Geology
EL8745 Kambarra– North Kambarra Prospect Geology (Wertago/Nuntherungie) (Grasmere/Peveril) Surface expression of North Kambarra Prospect and a hand sample of the outcropping gossan
Slide 22: EL8745 Kambarra – Historical Drilling
EL8745 Kambarra– Historical Drilling (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 23: EL8745 Kambarra – Target Areas
EL8745 Kambarra– Target Areas (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 24: EL8745 Kambarra – North Kambarra Drilling
EL8745 Kambarra– North Kambarra Prospect Drilling (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 25: EL8745 Kambarra – North Kambarra Prospect
EL8745 Kambarra– North Kambarra Prospect • The prospect is located near the southern boundary of EL 8745 • Outcrop is limited to small areas (5m (Wertago/Nuntherungie) x 5m) of bedrock in a broad flat open plain • Shallow drilling (<50m) has delineated an intermittent zone of gossan and hematite bre
Slide 26: NSW: Broken Hill Tenements – Next Phase of Exploration
NSW: Broken Hill Tenements – Next Phase of Exploration EL 8747 Stirling Vale (Wertago/Nuntherungie) • December 19 Quarter-Fine fraction (< 2 micron) soil sampling and geological mapping across the western limb of the Stirling Vale Synform (SVS). Completed 23rd November – 191 soil and 11 rock samples
Slide 27: EL8747 Stirling Vale – Field Work
EL8747 Stirling Vale – Field Work Commenced 15/11/2019 (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 28: EL8747 Stirling Vale – Proposed IP Surveys
EL8747 Stirling Vale – Proposed IP surveys (Wertago/Nuntherungie) (Grasmere/Peveril)
Slide 29: EL6400 – Grassmere Koonenberry Copper Resource
EL6400 – Grassmere Koonenberry Copper Resource
Slide 30: EL6400 – Grassmere Lode and Geology
EL6400 – Grassmere Lode and Geology
Slide 31: EL6400 – Grassmere Lode and Magnetics
EL6400 – Grassmere Lode and Magnetics
Slide 32: EL6400 – Grassmere
EL6400 – Grassmere • This EL covers the Grasmere-Peveril Cu-Zn-(Ag) deposits, which contain a significant indicated and inferred JORC Code 2004 compliant resource of 5.75mt @ 1.03% Cu, 0.35% Zn, 2.3g/t Ag and 0.05g/t Au (Inferred: 2.73 mt grading 0.9% Cu, 0.4% Zn, .04 g/t Au and 2.05 g/t Ag. Indicat
Slide 33: Pooraka Gold Exploration
Pooraka- ELs 7564, 6413 – Gold Exploration
Slide 34: EPM 26764 – Mt Tewoo
EPM 26764 – Mt Tewoo EPM 26764 in blue EPM 26764 in blue
Slide 35: QLD: Mt Tewoo Cobalt/Nickel Exploration
QLD: EPM 26764 – Mt Tewoo Cobalt/Nickel Exploration • The company is targeting nickel and cobalt mineralisation associated with ultramafic rocks. • The Mt Tewoo tenement comprises 30 strike kms of ultramafic rocks to the south of Aus Tin Mining’s Mt Cobalt Project (ASX: AUZ) • Mt Cobalt is a Co/Ni L
Slide 36: Cobalt in New South Wales
Cobalt in New South Wales ELA 5829
Slide 37: ELA 5829 – Brungle Creek Application
ELA 5829– BRUNGLE CREEK – Application Cobalt/Nickel/Chromite Potential • The Coolac Serpentinite Belt hosts known undeveloped cobalt resources at Thadunggra. • The southern portion of the Coolac Serpentinite Belt had very little modern exploration and “no drilling”. • The area is known for small his
Slide 38: ELA 5829 – Brungle Creek Location
ELA 5829 – BRUNGLE CREEK - Location
Slide 39: NSW: Brungle Creek Geology and Occurrences
NSW: ELA 5829– BRUNGLE CREEK Geology/Mineral Occurrences The Coolac Serpentinite Belt is bound against the Young Granodiorite rock of the Forbes Anticlinorial Zone to the east. Wehrlite, dunite, clinopyroxene and hornblende bearing gabbros of the North Mooney Complex lie to the west emplaced within
Slide 40: NSW: Brungle Creek Known Cobalt Occurrences
NSW: ELA 5829– BRUNGLE CREEK Known Cobalt occurrences Third party granted tenure in blue and ELA 5829 in red
Slide 41: ELA 5829 – Brungle Creek Radiometrics
ELA 5829– BRUNGLE CREEK - Radiometrics
Slide 42: Final Slide for the Presentation
FINAL SLIDE FOR THE PRESENTATION Thank you for listening to my AGM presentation
Ausmon Resources — Shareholder Meeting (November 2019) on 6ix