Apollo Minerals Limited · ASX:AON
Apollo Minerals — RIU Explorers Conference 2015
20 slides from Apollo Minerals's conference presentation, May 13, 2015
Slide 1: For personal use only
For personal use only
Slide 2: Mission
Mission Mm, Discover and develop a Deliver above average world class mine returns to investor
Slide 3: Exploration Business
Exploration Business High risk EG. 2012 SIRIUS EXPLORATION VALUE $10M High reward EG. 2015 SIRIUS MINE DEVELOPMENT VALUE $1BN APOLLO MARKET CAP CURRENTLY < $10M
Slide 4: Key to discovery
Apollo Minerals Key to discovery 5) Ss i) Right Expertise Funding projects Ability
Slide 5: Location, location, location
moh Location, location, location Projects located in world class | Ni and l|OCG Belts L | WA Nova, Crux? Situs Wins MSA Prom Hill, Carrapeteena, ODam snot RioTinto Teck @e
Slide 6: Team of discoverers
Team of discoverers > Expertise Eric Finlayson, Director Tim Craske, Technical Advisor H PX —_ Chris Anderson, Technical Advisor SS _ Derek Pang, Exploration Manager > > Or LL Carrapeteena Ernest Henry Fraser Range 2007 1991 ?
Slide 7: Track record
Track record Funding SS) Ability Capital raisings and JVA L Sufficient funding for initial exploration phase
Slide 8: Fraser Range Exploration History
Fraser Range EXPLORATION HISTORY MCreasy INCO Sirius Apollo 1995-1996 2003-2006 2009 -2012 2015, Newmont J) Geological MCreasy Sirius/ENT Vale 1965-1972 Survey (WA) 2006 - 2009 2014-2015 2015 23 year gap 1998-2000 ified Ni mafic Airborne survey Wid oi Confirms Geo Chem Commences similar tc sample te
Slide 9: Fraser Range: World Class Nickel Belt
Fr | Fraser Range Fraser S| Range WORLD CLASS NICKEL BELT 324,000T 134,000T Sirius Nova Mine e Resource 14.6mt N | ( Uu 2.2% Ni 0.9% Cu Metal value Metal value $5.5 Billion $1.0 Billion Apollo is situated on the main gravity high "Fraser Zone” Fraser Zone hosts Nova nickel mine and Crux prospect 1st
Slide 10: Fraser Range: Apollo Location
F Fraser Range Range APOLLO LOCATION Location: e Project located inside the Fraser Zone (Fraser Mafic Complex) ¢ Theory: FZ potential to host multiple Nickel Sulphide deposits ¢ Apollo Plato project contains Ni sulphides grades of 0.4% Ni ¢ Tenement area of 600km? “Best project outside Sirius Resour
Slide 11: 2014 Results at Apollo Project
Fraser Range 2014 RESULTS AT APOLLO PROJECT Fr | Fraser Range 2014 Exploration: ¢ Fixed loop EM (area covered <10%) and IP ¢ 12 holes drilled 3,800 metres * Only target area drilled - Plato First drill results: Plato drill hole 3 intersect Ni Sulphides ¢ Assay results up to 0.4% Ni Intersections of
Slide 12: For personal use only
BOC Pare en NI, S1ppm Cu ' Sex © 1058ppm Ni, 72ppm Cu MY a @ 3270npm itor a3im, and zcippm Minami od Fone tasopp ends e5p xm 49 8m @ 1375ppm Ni, 155ppm Cu | RC assay 1 (Ni 1000ppm cutoff) , Diamond assay Cainozoic TEGEND (Ni 1000ppm cutoff) | | Facer Peridotite Plato Prospect " @ net ee J RCDrillhol
Slide 13: Plato Potential
Fraser Range PLATO POTENTIAL Multiple targets untested Highly anomalous nickel soil geochemistry Plato area further targets being identified qa 4 SS Strong potential to find a nickel system Further target areas identified at Plato, Heart, Oceanus and Highway.
Slide 14: 2015 Exploration Plan
2015 Exploration Plan @ O Team of Research & review Exploration Drill targets discoverers targets targeting Proven methods: ¢ Field work ¢ Soil geo-chemistry *GroundEM * Downhole EM Discovery
Slide 15: Gawler Craton Location
Gr Gawler Craton Grawler S| Craton a LOCATION 7 ae | (ars Avrora Gold } WV Hotspot contains world class projects - Olympic Dam — Prom Hill — Carrapeteena Apollo project strategically located 2000km? project area qe SM Near world class mines and majors actively exploring
Slide 16: Three prospects currently being drilled
Gr Grawler Craton 2. Mars Aurora Tank .- Bundi 2. Wirrida 2 = fe) 0) oD) =) @ ‘= (s) 2) = @) oe = (©) LL 7 Gawler Craton A 2 4 o x THREE PROSPECTS CURRENTLY BEING DRILLED Target Challenger Gold style deposit, IM OZ+ Target >) EM Conductor, Massive Sulphides, 2014 near miss Target (>) Deep Hole, Char
Slide 17: Drilling underway
Gr Grawler Craton Planned RC drill holes ‘over IP chargeability Mars Aurora \ Gawler Craton a DRILLING UNDERWAY Bundi Wirrida RCATIS (1957) 4m at 1.6¢/t Au from 120m Results expected June 2015: *2,100m drilling underway * Multiple targets exist | * HPX partner drilling | ° 2014 completed SA’s larget
Slide 18: Returns of Selected Explorers
Returns of Selected Explorers Sirius ELNE8 10x return on discovery | 2012-15 | 30-40x proven resource/deposit Mt Ridley 4x return on drill results Low grade Ni + Cu sulphides Apollo YIN EQZB Significant returns during SA drilling /\ Returns? OTS - SA drilling underway - WA Fraser Range Nickel explor
Slide 19: Fraser Range Explorers: On the path to discovery
Fraser Range Explorers $1.1b $100m 20 Advanced projects in 2 hotspots Team of discoverers E & a 615 g 5 2 8 Proven exploration approach Access to latest technology gz KKM Drilling now and throughout 2015 SIR SFX MAT MRD WIN SEG LEG BOA BUX AON AQD ENT CLZ RMR On the path to discovery :
Slide 20: Disclaimer
Disclaimer This presentation has been prepared by Apollo Minerals Limited (“Apollo” or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respect to those securitie