Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — RIU Explorers Conference 2023
30 slides from Stavely Minerals's conference presentation, Feb 15, 2023
Slide 1: Finding the copper the world needs for a low-carbon future
For personal use only Finding the copper the world needs for a low-carbon future The Stavely Copper-Gold Project Dawn of a new world-class copper-gold province in Western Victoria RIU Explorers Conference – 15 February 2023 1
Slide 2: Disclaimer
Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities For personal use only ● and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects,
Slide 3: A Modern Australian Copper-Gold Growth Company
A Modern Australian Copper-Gold Growth Company First-mover position – largest and most strategic tenement holding in the For personal use only ● Stavely Volcanic Belt, western Victoria ● Discovery– outstanding shallow high-grade copper-gold-silver discovery (September 2019), the Cayley Lode ● Cayley
Slide 4: First-Mover Position in Victoria's Stavely Arc
First-Mover Position in Victoria’s Stavely Arc Two cornerstone assets – 100%-owned Stavely and For personal use only ● Ararat Projects ● 1,461km2 ground position in Australia’s new exploration hot-spot of western Victoria (Kirkland Lake – Fosterville) ● Majority of exploration since 2014 focused on
Slide 5: Discovery Breakthrough – Hole SMD050
Discovery Breakthrough – Hole SMD050 SMD050 For personal use only ● 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth, including: ● 12m at 14.3% copper, 2.26g/t gold and 145g/t silver from 82m, including: ● 2m at 40% copper, 3.00g/t gold and 517g/t silver ● Surprisingly, SMD05
Slide 6: Mineral Resources
For personal use only Mineral Resources 6
Slide 7: Cayley Lode Discovery – Resource Drilling Long Section
Cayley Lode Discovery – Resource Drilling Long Section For personal use only OPEN OPEN 7
Slide 8: Cayley Lode Mineral Resource Estimate
Cayley Lode Mineral Resource Estimate Magma / Butte copper lode-style system – For personal use only ● outstanding exploration target never before seen in Australia ● 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag Indicated Inferred 38% 62% 300m Deep ● Open Pit Mineral Resources within open pit shell o
Slide 9: Cayley Underground Mineral Resource Estimate
Cayley Underground Mineral Resource Estimate Cayley Lode Underground Resources: For personal use only ● Inferred – 1.7Mt at 1.8% Cu, 0.2g/t Au and 6g/t Ag Contained: 31,000t Cu, 11,000oz Au and 330koz Ag • 30m crown pillar removed from Mineral Resources • Open down-plunge and down-dip ppm OPEN OPEN
Slide 10: Underground Potential
For personal use only Underground Potential 10
Slide 11: Cayley Lode Discovery – Amenable to Open Pit and UG
Cayley Lode Discovery – Amenable to Open Pit and UG For personal use only SMD087 ● 87m @ 1.74% Cu, 0.57g/t Au and 20g/t Ag, incl. ● 24m @ 4.19% Cu, 1.27g/t Au and 53g/t Ag, and ● 9m @ 4.09% Cu, 1.83g/t Au and 39g/t Ag Typical of most Cayley Lode intercepts: – a large intercept amenable to open pit b
Slide 12: Current Programs – How do we see this as a possible development?
Current Programs – How do we see this as a possible development? Option 1 For personal use only A Phase-1 open pit based on high-grade structurally-controlled mineralisation drives an open pit that also captures 18Mt at 0.4% copper in the chalcocite-enriched blanket. Followed by a Phase-2 undergroun
Slide 13: Porphyry Target
For personal use only Porphyry Target 13
Slide 14: Vertically Extensive – With Multiple Discovery Opportunities
Vertically Extensive – With Multiple Discovery Opportunities For personal use only SMD050: 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth on the UCF SMD173: 43m at 2.60% copper, 0.42g/t gold and 10g/t silver, from 378m drill depth on the UCF underneath the LAS SMD182 : 10.4
Slide 15: Cayley Lode Discovery – Getting Hotter
Cayley Lode Discovery – Getting Hotter SMD173 For personal use only ● 43m at 2.60% copper, 0.42g/t gold and 10g/t silver, from 378m drill depth, including: ● 3m at 10.38% copper, 3.0g/t gold and 71g/t silver from 396m, including: ● 1m at 19.65% copper, 8.29g/t gold and 202g/t silver from 397m Vein /
Slide 16: Cayley Lode Discovery – Getting Hotter
Cayley Lode Discovery – Getting Hotter SMD182 For personal use only ● 10.4m at 4.34% copper, 3.17g/t gold and 11g/t silver, from 421m drill depth, including: ● 4.9m at 6.74% copper, 6.45g/t gold and 19g/t silver from 426m, including: ● 0.9m at 7.17% copper, 30.6g/t gold and 52g/t silver from 430m He
Slide 17: Cayley Lode Discovery – Getting Hotter
Cayley Lode Discovery – Getting Hotter For personal use only Mineral abbreviations: arg=argentite, asp=arsenopyrite, bn=bornite, cc=chalcocite, cp=chalcopyrite, cv=covellite, dg=digenite, en=enargite, fm=famatinite, gn=galena, hm=hematite, lo=loellingite, mo=molybdenite, mt=magnetite, po=pyrrhotite,
Slide 18: Cayley Lode Discovery – The System Evolving at Depth
Cayley Lode Discovery – The System Evolving at Depth It’s Changing For personal use only Transition from high- sulphidation to intermediate sulphidation assemblage demonstrates increasing: • Copper / Zinc • Copper / Sulphur • Chalcopyrite / Pyrite • Gold (g/t) parity to Copper (%) • Hotter alterat
Slide 19: Lepanto HS and Far Southeast Porphyry
Lepanto HS and Far Southeast Porphyry For personal use only Lepanto high-sulphidation Cu-Au deposit is genetically related to the Far Southeast porphyry Cu-Au deposit. Mineral Resources* 892Mt at 0.5% Cu and 0.7g/t Au Containing 19.8Moz gold and 9,921Mlb copper * Source: Goldfields 2018 Annual Repor
Slide 20: Stavely Regional Exploration
For personal use only Stavely Regional Exploration 20
Slide 21: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Despite previous exploration by industry ‘top dogs’ For personal use only Newcrest, Rio Tinto, CRA Exploration and North Limited, Stavely Minerals has a ‘first mover’ advantage ● Almost 1,500km2 of tenure covering ~115km of porphyry-prospect
Slide 22: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● The team has identified 19 regional targets and have active For personal use only aircore and soil auger programmes ● Emerging porphyry discovery at Toora West ● ‘Blind’ discovery under 30m of younger transported cover ● 4 diamond drill hole
Slide 23: Thursday's Gossan – Massive Opportunity for Additional Discovery
Thursday’s Gossan – Massive Opportunity for Additional Discovery Junction Prospect For personal use only ● 2km south of the Cayley Lode ● Largest and highest grade soil anomaly in the project ● Restricted access over the past 10 years ● Aircore drill results including 35m at 3.4% Cu from 24m See Sta
Slide 24: Narrapumelap Rare Earths Prospect
For personal use only Narrapumelap Rare Earths Prospect 24
Slide 25: Thursday's Gossan – Massive Opportunity for Discovery
Thursday’s Gossan – Massive Opportunity for Discovery Narrapumelap REE Prospect For personal use only ● ~20km south of the Cayley Lode ● Magnetic signature of a central high with an apparent low frequency possible ‘fenetisation’ alteration halo ● Soil auger anomalism to 0.24% TREO+Y ● To be followed
Slide 26: Copper…the Ultimate "Future-Facing" Commodity
Copper…the Ultimate “Future-Facing” Commodity For personal use only In order to migrate to a low-carbon economy and provide alternative energy solutions, certain strategic minerals are required to build the wind 3.6 tonnes of copper for every MW of wind farms, solar farms, electric vehicles 4 x more
Slide 27: Copper…Compelling Market Fundamentals
Copper…Compelling Market Fundamentals For personal use only There are very few high-quality projects coming on stream in first world jurisdictions Escondida, the world’s largest copper mine: • 1.72% Cu average head grade in 2007 • 0.52% Ore Reserve grade in 2019 CRU estimates a 15 million tonne copp
Slide 28: Corporate Summary
Corporate Summary CAPITAL STRUCTURE 12-month Share Price to 15 February 2023 For personal use only ASX Ticker SVY $0.50 3,500,000 Close Volume Share Price (15/02/23) $0.285 $0.45 3,000,000 $0.40 Shares on Issue 326M $0.35 2,500,000 Cash (31/12/22) $6.2M $0.30 2,000,000 Market Capitalisation $93M $0.
Slide 29: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways ✓ First-mover position (1,461km2) in a potential emerging copper province For personal use only ✓ Discovery of structurally-controlled high-grade lode-style copper-gold-silver mineralisation similar to the Magma (Arizona) and Butte (Montana) deposits ✓ Intercepts a
Slide 30: Contact Us
For personal use only Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it i