Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — Investor Presentation (June 2015)
45 slides from Stavely Minerals's investor presentation, Jun 26, 2015
Slide 1: Unlocking Victoria's Copper-Gold Potential
For personal use only Unlocking Victoria’s Copper- Gold Potential June 2015
Slide 2: Disclaimer
STAVELY MINERALS For personal use only Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Comp
Slide 3: Corporate snapshot and directors
STAVELY MINERALS For personal use only ASX Code – SVY Shares on Issue – 81.5M Share Price - $0.35 Market Cap - $28.5M Cash (31/03/15) - $0.95M* *Excludes Titeline Drilling agreement, Prior to $1.4m placement completed, Rights issue in-progress $0.80 700,000 Directors $0.70 600,000 Volume Bill Plyley
Slide 4: Projects
For personal use only PROJECTS
Slide 5: Project Location
PROJECT LOCATION For personal use only The Ararat Project is in the Moornambool Metamorphic Complex and is prospective for VMS base metals-gold and ‘Stawell-style’ gold mineralisation. The Mount Stavely Volcanic Complex is prospective for ancient porphyry copper-gold, VMS base metals-gold and intrus
Slide 6: Project Location
PROJECT LOCATION For personal use only 900 square kilometres of Stavely Minerals tenure 70 square kilometres of JV tenure
Slide 7: Mineral Resources
1 MINERAL RESOURCES For personal use only At the Ararat Project, hosted in Besshi-style VMS: • Inferred Mineral Resources of 1.2Mt at 2.0% copper, 0.5 g/t gold, 0.4% zinc and 6 g/t silver for 30kt of contained copper At the Stavely Project hosted in a secondary chalcocite-enriched blanket: • Inferre
Slide 8: Ararat Project
For personal use only ARARAT PROJECT
Slide 9: Ararat Project
ARARAT PROJECT For personal use only Hosts the: Mt Ararat Besshi-style copper-gold VMS and ‘Stawell-style’ gold targets
Slide 10: Mount Ararat VMS
For personal use only MOUNT ARARAT VMS
Slide 11: Ararat Project
ARARAT PROJECT For personal use only Prospective VMS copper gold horizon extends over 15 kilometres within Stavely Minerals tenements. Recent reconnaissance exploration has confirmed the horizon is up to 1km wide ‘Stawell-style’ gold / arsenic anomalies along 4-5km of strike and open to north
Slide 12: Ararat Project: ancient sea-floor black smoker
ARARAT PROJECT Mt Ararat Besshi-style copper-gold VMS is an ancient sea- For personal use only floor ‘black smoker’
Slide 13: Ararat Project: clusters of deposits
ARARAT PROJECT Mt Ararat Besshi-style copper-gold VMS is an ancient sea- For personal use only floor ‘black smoker’ – they tend to occur in clusters of typically 6-8 deposits
Slide 14: Ararat Project
ARARAT PROJECT For personal use only • Mt Ararat Besshi-style VMS – Inferred Mineral Resource of 1.2Mt at 2.0% copper, 0.5g/t gold, 0.4% zinc and 6g/t silver • The Degrussa deposit is considered a Besshi-style VMS • Open at depth and along strike
Slide 15: Ararat Project: recent RC drilling results
ARARAT PROJECT For personal use only Recent RC drilling results1 from northern extensions to the Mt Ararat Mineral Resource: 5m at 2.10% copper, 0.56 g/t gold, 0.48% zinc and 9 g/t silver, including • 2m at 3.37% copper, 0.73 g/t gold, 0.47% zinc and 14 g/t silver 3m at 2.64% copper, 0.17 g/t go
Slide 16: Carroll's Prospect
ARARAT PROJECT Carroll’s Prospect For personal use only Multiple mineralised horizons confirmed with Carroll’s Copper prospect re-discovered with rock-chip results including: • 10.8% copper, 0.41% Zn and 1.5g/t gold • 24% copper, 1.1% zinc and 0.52g/t gold 1 see ASX announcement dated 8 May 2015 and
Slide 17: Stawell-style gold potential
ARARAT PROJECT For personal use only Stawell-style gold potential Unexpectedly, drill hole SARC001 also intersected 13m at 1g/t gold (to EoH) including a significant higher grade zone of: • 3m at 3.04 g/t gold 3 follow-up diamond drill holes completed – results pending 1 see ASX announcement dated 1
Slide 18: Stawell-style gold potential
ARARAT PROJECT For personal use only Stawell-style gold potential • The Ararat goldfield produced ~640,000oz Cathcart Alluvial from alluvials and deep Goldfield leads • No hardrock source identified. Mt Ararat gold intercept
Slide 19: Ararat Goldfield
ARARAT GOLDFIELD For personal use only Stawell-style gold potential– Two new gold prospects identified in soil sampling • Cathcart Hill • White Lead
Slide 20: Cathcart Hill Gold Prospect
ARARAT PROJECT For personal use only Cathcart Hill Gold Prospect • Newly discovered gold prospect • Arsenic, chromium (‘Stawell-signature’) soil anomaly 800m long and open to the north and south • Rock-chips to 0.8g/t gold • Nearby diamond drill hole intercept 2m at 5g/t gold 1 see ASX announcement
Slide 21: White Lead Gold Prospect
ARARAT PROJECT For personal use only White Lead Gold Prospect • Newly discovered gold prospect • Arsenic, chromium, copper, lead (‘Stawell signature’) soil anomaly 1km long and open to the north and south • Rock-chips to 5.6g/t gold • Likely source of the White Lead alluvial gold production – part o
Slide 22: Stavely Project
For personal use only STAVELY PROJECT
Slide 23: Stavely Project prospects and resource
STAVELY PROJECT For personal use only • Thursday’s Gossan chalcocite enriched blanket – Inferred Mineral Resource of 28Mt at 0.4% copper containing 107kt copper • Thursday’s Gossan porphyry • Junction porphyry • Fairview Gold prospect • Wickliffe VMS prospect • Patanga porphyry prospect
Slide 24: Structural setting similar to Cadia Valley
STAVELY PROJECT For personal use only • Similar structural setting to Cadia Valley • ~N-S trending volcanic belt • Major NW trending structures
Slide 25: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only • Porphyries are large metal systems with a well understood alteration zonation typically an order of magnitude larger than the deposit itself – ie. The ‘hydrothermal system’ has a large footprint that has a recognisa
Slide 26: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only • Porphyry deposit examples from as early as Archaean age • Likelihood of porphyry deposit preservation decreases with age due to erosion and crustal recycling
Slide 27: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only
Slide 28: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only
Slide 29: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only
Slide 30: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only
Slide 31: Why look for porphyries in western Victoria?
STAVELY PROJECT Why look for porphyries in western Victoria? For personal use only • Despite the reduced likelihood of preservation, the ‘ancient’ porphyries are disproportionately gold-rich • The better value per tonne allows development by less obtrusive yet very cost-efficient block-cave mining m
Slide 32: Evidence Thursday's Gossan is an alkalic copper-gold porphyry
STAVELY PROJECT But what evidence that the Thursday’s Gossan For personal use only porphyry is an alkalic copper-gold porphyry? • Zones of pervasive hematite alteration • Strongly negative 34 sulphur isotope values • Metal ratios – gold and silver rich – 5m @ 1.4% copper, 0.25g/t gold and 11 g/t si
Slide 33: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only Stavely Minerals drilled 3 deep diamond drill holes (between 532m to 640m deep) into an induced polarisation (IP) chargeability anomaly
Slide 34: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only Drilling intercepted well-developed phyllic alteration (sericite- pyrite) which corresponded well with the IP chargeability anomaly
Slide 35: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only The three deep diamond drill holes identified a low-angle structural offset to the porphyry system
Slide 36: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only Structural analysis, kinematic indicators, white mica shortwave infra-red absorption features and sulphur isotope results all concur the porphyry ‘core’ has been transposed north and east beneath the structural zone. What do investors
Slide 37: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only New IP survey lines to extend coverage to east and north where structural model say the target porphyry ‘core’ has been transposed
Slide 38: Thursday's Gossan Porphyry
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only New IP chargeability anomalies on both lines: • Line 261350, anomaly under low-angle structure • Line 10600, strong chargeability anomaly 1
Slide 39: Thursday's Gossan Porphyry: results to date
STAVELY PROJECT Thursday’s Gossan Porphyry For personal use only Results to date: Very positive results from drilling the IP chargeability anomaly – increasingly intense alteration, very ‘busy’ drill core, low-grade copper mineralisation in peripheral alteration Intercepted a low-angle structure
Slide 40: Work Programmes
For personal use only WORK PROGRAMMES
Slide 41: Work Programmes
WORK PROGRAMMES Work programme for the Ararat Project For personal use only • At Mt Ararat, additional surface geochemistry and IP geophysics to identify additional base metal–gold mineralised horizons in advance of drilling • Extend soil sample grids, complete IP geophysics in advance of drilling a
Slide 42: Placement and Rights Issue
For personal use only PLACEMENT AND RIGHTS ISSUE
Slide 43: Placement and Rights Issue
PLACEMENT AND RIGHTS ISSUE* Placement For personal use only • Stavely Minerals has placed $1.4 million to sophisticated investors and institutional clients of Morgans Stockbroking Rights issue • Stavely is providing existing investors an opportunity to participate for up to an additional $2 million
Slide 44: Use of Funds and Timetable
USE OF FUNDS AND TIMETABLE For personal use only Rights Issue Timetable* Lodgement of Prospectus with ASIC 22 June 2015 Lodgement of Prospectus & Appendix 3B with ASX 22 June 2015 Notice sent to Optionholders 24 June 2015 Notice sent to Shareholders 24 June 2015 Ex Date 25 June 2015 Record Date for
Slide 45: Thank You
STAVELY MINERALS For personal use only Thank You 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