True North Copper Limited · ASX:TNC
True North Copper — RIU Explorers Conference 2021
21 slides from True North Copper's conference presentation, Feb 17, 2021
Slide 1: RIU Explorers Conference 2021
RIU EXPLORERS CONFERENCE 2021 5.84% Cu, 108 g/t Ag and 0.11 g/t Au from 58m DUKE EXPLORATION LIMITED (ASX:DEX) RIU EXPLORERS CONFERENCE PRESENTATION
Slide 2: Disclaimer
DISCLAIMER This presentation contains only an overview of Duke Exploration Limited ABN 28119421868 (“Duke”, “DE” or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects, ma
Slide 3: Corporate Overview
CORPORATE OVERVIEW COMPANY NAME TENEMENTS SHARES ON ISSUE SHARE HOLDERS KEY METALS UNDER EXPLORATION KEY INFORMATION Duke Exploration Ltd ABN 28119421868 EPM 26499 REGISTERED OFFICE EPM 26852 EPM 27474 74,854,861 826 Level 2, 400 Queen Street As at EPMA 27609 15 FEB 2021 Brisbane, Qld, 4000 EL 8568
Slide 4: Highlights
HIGHLIGHTS Portfolio of three copper, silver and gold projects in QLD & NSW. • The Bundarra lead project near-term large-scale copper, silver and gold mine development opportunity. High grade (7-16% Cu) historic copper production – Bundarra was recognised as the highest-grade copper project in Aus
Slide 5: Company Assets
COMPANY ASSETS Interests in 5 tenements that have drill ready copper, silver and gold opportunities in QLD & NSW. The Bundarra porphyry copper, silver and gold project is the most advanced: 100% owned. Located in mining friendly Central Queensland145 km south west of Mackay and 85 km east of Mor
Slide 6: Bundarra Project Area
BUNDARRA PROJECT AREA EPM26499, EPM2747 and EPMA 27069 LARGE SCALE DEVELOPMENT OPPORTUNITY 47 copper silver and gold prospects with historic underground and surface mining. Recent exploration confirms historic results, improved geology and allowed better exploration targeting. 56 new targets i
Slide 7: Mineralisation Can Be Directly Detected
MINERALISATION CAN BE DIRECTLY DETECTED Prospective Unexplored Porphyry Geology in Mining Friendly Central Queensland Copper mineralisation historically mined 48 km around the Bundarra Pluton perimeter. Classed as a lode-style porphyry mineral system, consistent with an Andean-style convergent m
Slide 8: Exploration Techniques Directly Detect Copper and Silver Mineralisation at Bundarra to 300m Depth
E X P L O R ATI O N T E C H N I Q U E S D I R E C T LY D E T E C T C O P P E R A N D S I LV E R M I N E R A L I S ATI O N AT B U N D A R R A TO 3 0 0 M D E P T H Shown Mt Flora potentially much bigger. Potential total combined strike of Mt Flora en- echelon veins is now 1,320m to a depth of 250m
Slide 9: Mt Flora Resource and Exploration Drilling
M t F L O R A R E S O R C E A N D E X P L O R ATI O N D R I L L I N G RC drilling continuing at Mt Flora for resource estimation and test extensions. Phased approach is being taken, with Phase One nearing completion. Phase One drilling comprises 43 holes for 7,040m and are spaced 60m down dip
Slide 10: Quarry Anomaly Is a New Discovery
Q U A R RY A N O M A LY I S A N E W D I S C O V E RY New discovery that confirms exploration strategy and techniques to explore at Bundarra work. No mining or historic exploration of this anomaly. New discovery only 500m from Mt Flora and 48km still to go. DUKE EXPLORATION LIMITED (ASX:DEX) RI
Slide 11: First Results from Mt Flora Mine Section
FIRST RESULTS FOM MT FLORA MINE SECTION 73 intersections of copper, silver and gold mineralisation at Mt Flora that will contribute to the maiden resource estimate. The mineralised area at Mt Flora has more than doubled to 500m wide:140m originally. Closed off to the east down-dip, with a down
Slide 12: Mt Flora Section of Veins and Historic Drilling
MT FLORA SECTION OF VEINS AND HISTORIC DRILLING 5.84% Cu 4.02% Cu 2.63% Cu 6.59% Cu DUKE EXPLORATION LIMITED (ASX:DEX) RIU EXPLORERS CONFERENCE PRESENTATION 12
Slide 13: Mt Flora Section of Veins and New Drilling
MT FLORA SECTION OF VEINS AND NEW DRILLING Quarry Mineralisation 5.84% Cu 4.02% Cu 2.63% Cu 6.59% Cu DUKE EXPLORATION LIMITED (ASX:DEX) RIU EXPLORERS CONFERENCE PRESENTATION 13
Slide 14: Mt Flora VTEM Target Drilling MFRC047; Assays Pending
MT FLORA VTEM TARGET DRILLING MFRC047; ASSAYS PENDING 5.84% Cu 4.02% Cu 2.63% Cu 6.59% Cu DUKE EXPLORATION LIMITED (ASX:DEX) RIU EXPLORERS CONFERENCE PRESENTATION 14
Slide 15: Bundarra Project Regional VTEM Anomalies
BUNDARRA PROJECT REGIONAL VTEM ANOMALIES Down hole data surveys completed for density, magnetic, resistivity, sonar and optical. Copper and silver strong statistical correlation with conductivity. Potential to be mapped, using electrical geophysical techniques. VTEM data from 2011 was remodell
Slide 16: Regional Exploration and New Resource Targets
R E G I O N A L E X P L O R ATI O N A N D N E W R E S O U R C E TA R G E T S Strategy to explore regionally at the same time as resource development. Quorn targeted first as it has mineralised historic drilling and historic workings with potential to be bigger than Mt Flora. 30.0m at 0.7 % Cu an
Slide 17: GAIP and pXRF Soil Surveys Quorn Locality
G A I P A N D p X R F S O I L S U RV E Y S Q U O R N L O C A L I T Y DUKE EXPLORATION LIMITED (ASX:DEX) RIU EXPLORERS CONFERENCE PRESENTATION 17
Slide 18: pXRF Soil Map Large Targets Like Mt Flora
I P A N D S o i l C u M A P L A R G E R TA R G E T S L I K E M T F L O R A GAIP and pXRF soil surveys completed that confirm the potential for new discoveries 10 km SW of Mt Flora, with 6km of Bundarra pluton contact mapped, four Mt Flora scale targets discovered and 42km to go. DUKE EXPLORATION L
Slide 19: Bundarra Project Resource Growth Plan
BUNDARRA PROJECT RESORCE GROWTH PLAN Complete RC drilling and start the next phase of infill drilling at Mt Flora. Pattern resource drilling at the Quarry focussing on the higher grade northern strike extension. Follow up results at Quorn to allow planning of a follow up drilling programme.
Slide 20: New Australian Mineral Under Explored System Opportunity
NEW AUSTRALIAN MINERAL UNDER EXPLORED SYSTEM OPPORTINITY Bundarra intrudes Permian Coal Measures, dated as Cretaceous. The copper is younger than the coal. Bundarra may be the youngest metallic system in Australia. Evidence for a younger Continental Arc not recognised or explored. Potentia
Slide 21: Further Information
FURTHER INFORMATION FOR FURTHER INFORMATION PLEASE CONTACT: Eugene Iliescu, Managing Director md@duke-exploration.com.au Aus (+61) 0418 757 364 Toko Kapea, Chairman t.kapea@duke-exploration.com.au NZ (+64) 04 566 5278 Greg Partington, Operations Manager g.partington@duke-exploration.com.au Aus (+61)