Pursuit Minerals Ltd · ASX:PUR
Pursuit Minerals — Investor Presentation (August 2017)
18 slides from Pursuit Minerals's investor presentation, Aug 30, 2017
Slide 1: For personal use only
For personal use only + Discovery + Resource Definition + Value Capture Within the world’s greatest base metal province – the Mt Isa Super Basin in Northern Queensland
Slide 2: Company Focus
Company Focus For personal use only Zinc Zinc Copper
Slide 3: Company Snapshot (ASX:PUR)
Company Snapshot (ASX:PUR) For personal use only Quality assets Capital Structure • Bluebush Zinc Project (Nth QLD) • $6M raised in June • Shares: 65,370,468 • Paperbark Zinc and Copper Project (Nth QLD) • Share price: $0.225 • Market capitalisation: $14.8M • Coober Pedy Project (South Aust.) • Acqu
Slide 4: Favourable Conditions: Zinc Market
Favourable Conditions: Zinc Market • In 2016 1 Year LME Zinc Warehouse Stocks Level For personal use only • 3.6% increase in refined zinc consumption • 4% decrease in mine supply • 5.5% decrease refined zinc production • Australian zinc decreased by 43% • Rapidly falling inventories • Lack of global
Slide 5: Zinc Market Deficit
Zinc Market Deficit For personal use only • Zinc deficit was 203,000t for the first 6 months of 2017, twice the last predicted deficit* • Zinc had its second deepest year-to-date deficit over the past 22 years to June* * Source: International Lead Zinc Study Group
Slide 6: Zinc Market Is All About Timing
Zinc Market Is All About Timing Example of last zinc price cycle For personal use only
Slide 7: Mt Isa Super Basin – Worlds Premier Base Metal Province
Mt Isa Super Basin – Worlds Premier Base Metal Province • Mt Isa Super Basin is the world’s For personal use only greatest base metal province: • Six major zinc-lead SEDEX deposits • World class copper deposits • World class BHT deposit • Close proximity to the recently closed Century Mine in an are
Slide 8: Project Portfolio
Project Portfolio For personal use only Location • Paperbark — 25km SE of Century Mine • Bluebush — 72km NE of Century Mine Regional Infrastructure • Road access • Power line • Century Mine processing plant
Slide 9: Bluebush Zinc – Lead Project
Bluebush Zinc – Lead Project For personal use only • The largest sediment hosted deposit in the Mt Isa Province, with >120km2 of greater than 1% Zn • Abundant space to locate high-grade deposit of McArthur River or Century style, grade and size • Faults controlling mineralisation • Locate focal poin
Slide 10: Bluebush Zinc – Lead Project
Bluebush Zinc – Lead Project For personal use only Sphalerite band in drill hole BB01_17 Pyritic mudstone in drill hole BB01_17
Slide 11: Bluebush Zinc: Teena Project Analog
For personal use only Bluebush Zinc: Teena Project Analog
Slide 12: Paperbark Project Zinc Potential
Paperbark Project Zinc Potential For personal use only • JB Prospect JORC inferred mineral resource of 10Mt @ 3% Pb+Zn* • Follow-up drilling to focus on structural controls • JE Prospect • Strongest zinc anomalies on project • Taps a deeper more fundamental structure • More room for larger tonnages
Slide 13: Paperbark Project JB Prospect – Lead-Zinc Deposit
Paperbark Project JB Prospect – Lead-Zinc Deposit • 10Mt @ 3% Pb+Zn For personal use only • Heavy media separation of ore upgraded mill feed to approx. 15% Pb+Zn • 94.8% recovery to 55.6% Zn concentrate • 90.1% recovery to 60.3% Pb concentrate • Low deleterious elements and simple flow sheet • Poten
Slide 14: Paperbark Project Copper Oxide and Sulphide Potential
Paperbark Project Copper Oxide and Sulphide Potential For personal use only • Grunter Copper Zone: – 7km long anomalous copper zone, virtually untested – Similar structural setting to Gunpowder copper deposit – Only hole intersected: 6m @ 1.1% Cu & 10g/t Ag • Torpedo Copper Zone: – 10km long, +100pp
Slide 15: Summary
Summary • Timing, timing, timing • Right commodity (zinc), at the right time For personal use only • Maximise project values throughout current zinc price cycle • Well funded, having just raised $6M • Bluebush Project • largest area of zinc mineralisation in Australia • currently drilling to focus e
Slide 16: Thank you
For personal use only + Thank you
Slide 17: Competent Persons Statement
Competent Persons Statement For personal use only • Statements contained in this announcement relating to exploration results are based on, and fairly represents, information and supporting documentation prepared by Mr. Jeremy Read, who is a member of the Australian Institute of Mining & Metallurgy
Slide 18: Disclaimer
Disclaimer • This Company Presentation (“Presentation”) is for informational purposes only and is not a prospectus, disclosure document or offer document under the Corporations Act 2001 (Cth) or any other law. This Presentation does not constitute, and is not to be For personal use only construed as
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