Equus Mining — Investor Presentation (April 2013)
21 slides from Equus Mining's investor presentation, April 2013
Slide 1: Naltagua Copper District, Chile
Naltagua Copper District For personal use only CHILE April 2013
Slide 2: Cash and liquid assets
Cash and liquid assets….. For personal use only Ordinary Shares: 246.7M Options: 4.46M • 0.46M @ 30 cents, expiring 31 Oct 2013 • 4.0M @ 7.5 to 25 cents, expiring 13 Nov 2015 Share Price: 7 cents Market Capitalisation: $17.3M Cash and Saleable Assets*: $6M Top 20 Shareholders: 58% ASX Code: EQE * Ca
Slide 3: Top 10 Shareholders (March 2013)
Top 10 (March 2013)….. For personal use only Augusta Enterprises Pty Ltd 34,619,471 14.03% Permgold Pty Ltd 30,377,420 12.31% J P Morgan Nominees (Aust) Ltd 21,845,917 8.85% HSBC Custody Nominees 14,507,986 5.88% Tetramin Pty Ltd 8,000,000 3.24% J Wardman & Associates Pty Ltd 4,600,000 1.86% Wiseves
Slide 4: Experience and Diversity
Experience and Diversity….. Equus Directors For personal use only Norm Seckold Ted Leschke Robert Perring Chairman and Non- Managing Director Executive Director Executive Director Juerg Walker Colin Carson Marcelo Mora Non-Executive Director Non-Executive Director Company Secretary
Slide 5: Dynamic crew in Chile
Dynamic crew in Chile….. For personal use only Damien Koerber Pablo Salas Cristian Quintana Exploration Manager – South America Project Geologist - Chile Logistics Manager - Chile Robert Perring Lorenzo Araya and the Naltagua 5 Consultant Geologist Field Crew
Slide 6: Positioned for rapid capital growth
Positioned for rapid capital growth…. For personal use only Targeting* 60Mt to 80Mt at 0.8% to 1.3% Cu • Located in one of the main copper producing belts of Chile • Close to infrastructure (75km from port of San Antonio) • Mining Leases (18.05km2) • Option to Purchase (exercisable Sept 2015 ‐ $3.8M
Slide 7: Located in the productive Coastal Belt
Located in the productive Coastal Belt….. For personal use only South America Map Area Chile El Soldado Mine Anglo American 200Mt at 1.35% Cu El Teniente Mine Naltagua Copper District CODELCO Equus Mining Limited Targeting* 60Mt to 80Mt at 0.8% to 1.3% Cu World’s Largest Cu-Mo Deposit * The target s
Slide 8: Identical deposit-type to the north
Identical deposit‐type to the north….. For personal use only El Soldado Mine (Anglo American) “an analogue for Naltagua” • 135km north of Naltagua • 200Mt at 1.35% Cu • Coastal Metallogenic Belt (like Naltagua) • La Prado Formation (like Naltagua) • Andesite host rock (like Naltagua) • Strong struct
Slide 9: 'Mantos': a prominent deposit-type in Chile
‘Mantos’: a prominent deposit‐type in Chile….. Araya-Trend For personal use only Silica-Epidote Alteration Yerba-Trend El Gato-Trend Chalcopyrite Zone Bornite Zone Fault Hydrothermal Breccia Initial target Black Shale Andesite Volcanics
Slide 10: Naltagua: Big copper footprint (4km by 2km)
Naltagua: Big copper footprint (4km by 2km)….. For personal use only Yerba Project Historic Yerba Mine Araya Project Naltagua Copper System Equus Option Area Copper Occurrence 2km
Slide 11: Premium sulphide concentrate
Premium sulphide concentrate….. For personal use only Copper Sulphide (Bornite) Metallurgical Sample Site Viewing direction for next slide “Equus conducted the first metallurgical testwork” • 30kg ALS Ammtec, Sydney • Premium sulphide concentrate (41% Cu, 463g/t Ag) • +75% recovery in partially oxid
Slide 12: Copper grades above 1%
Copper grades above 1%..... For personal use only “Equus channel-sampled the old mines” 600m RL blocke d adit Pit Wall: 48m @ 1.3% Cu 34m @ 0.6% Cu Yerba Open Pit 550m RL adit 56m @ 1.1% Cu adit 60m @ 1.7% Cu adit 55m @ 0.1% Cu 40m @ 0.6% Cu adit 500m RL 40m @ 1.1% Cu 40m @ 0.4% Cu adit 50m @ 0.2% C
Slide 13: No previous drilling
No previous drilling….. “Equus is initially drilling in and around the historic Yerba Workings” For personal use only Adit (early 1900’s) Pit Wall Channel Sample: 48m @ 1.35% Cu Geophysical Sectio A n Stage 1 Drill Area B Drill Pad 1 (5000m planned) Viewing direction for next slide
Slide 14: Induced Polarisation Resistivity
Induced Polarisation Resistivity….. A B For personal use only Channel sample across pit wall: 48m at 1.35% Cu LEGEND 600m #2 Hole Number (YB-002-D) 40m of disseminated oxide #1 #2 #3 and sulphide copper Planned Drilling 500m Completed Drilling Interpreted mineralized 400m hydrothermal breccia Sectio
Slide 15: Induced Polarisation Chargeability
Induced Polarisation Chargeability….. A B For personal use only Channel sample across pit wall: 48m at 1.35% Cu LEGEND 600m #2 Hole Number (YB-002-D) 40m of disseminated oxide #1 #2 #3 and sulphide copper Planned Drilling 500m Completed Drilling Interpreted mineralized 400m hydrothermal breccia Sect
Slide 16: 40m of copper mineralization
40m of copper mineralization….. For personal use only “ disseminated oxide and sulphide copper in hydrothermal breccia” malachite chalcocite bornite malachite 5cm 5cm 5cm 4cm 15.7m below surface 38.5m below surface 39.5m below surface 41.5m below surface (18.5m down‐hole) (43.3m down‐hole) (46.5m do
Slide 17: 1200 metre-long target zone
1200 metre‐long target zone….. Yerba Project Area For personal use only Stage 1 Drilling Area 33m @ 0.88% Cu 48m @ 1.35% Cu Yerba Workings 60m @ 0.39% Cu 55m @ 0.27% Cu 10m @ 1.73% Cu 20m @ 0.52% Cu High Resistivity (Geophysical Anomaly) Surface Rock Channel Geochemistry (2m & 5m composites) Drill C
Slide 18: Second project ready to go
Second project ready to go….. For personal use only Araya Project Area Naltagua Copper System Equus Option Area Copper Occurrence 2km
Slide 19: All the right signs
All the right signs….. Araya Project Area For personal use only Araya Project Area 16m @ 1.9% Cu Underground (adit) 20m @ 0.65% Cu Surface Outcrop Hydrothermal Breccia Copper Working (Adit) Copper Occurrence (No Working) Rock Channel Geochemistry (2m & 5m composites) 500m
Slide 20: Disclaimer & Compliance
Disclaimer & Compliance….. This presentation has been prepared by Equus Mining Limited (“Equus”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties, though Equus has no re
Slide 21: Chile – www.equusmining.com
For personal use only CHILE www.equusmining.com 20