Buxton Resources Limited · ASX:BUX
Buxton Resources — Investor Presentation (September 2014)
17 slides from Buxton Resources's investor presentation, Sep 2, 2014
Slide 1: Drilling compelling Ni-Cu sulphide targets in the Fraser Range & high grade graphite
For personal use only “Drilling compelling Ni-Cu sulphide targets in the Fraser Range & very high grade graphite in Western Australia” September 2014
Slide 2: Corporate Snapshot
Corporate Snapshot For personal use only Buxton Resources Limited Shareholders National Business Holdings 15.90% ASX Code BUX, BUXO Montezuma Mining (MZM) 4.4% Shares on Issue1 54.8 million Top 20 60.1% Options on Issue2 18.5 million Market Cap. (at $0.23) $12.6 million Board & Management Seamus Cor
Slide 3: Projects Overview
Projects Overview For personal use only Strong WA project pipeline 3
Slide 4: Strategic Fraser Range Position
Strategic Fraser Range Position For personal use only • 2,348km2 ground position in and around the Albany-Fraser Orogen – close to Nova • Strategic position in the Fraser Range with Zanthus and Widowmaker (100% owned) • New Ni-Cu & Au project emerging at Dempster (90-100% owned) One of the largest F
Slide 5: Zanthus First Pass Drilling Results
Zanthus First Pass Drilling Results For personal use only • Zanthus First Pass Drilling completed in Q2 2014 confirms the system is “live” and highly prospective • Definitively identified magmatic nickel sulphides within ultramafic rock : ZRC086 in target ZV10 – the Oaktree Prospect • Confirmation o
Slide 6: Magmatic Nickel Sulphides Identified
Magmatic Nickel Sulphides Identified For personal use only Photomicrographs of magmatic composite sulphide grains containing nickel and copper ore minerals from ZRC086 96-100m. po = pyrrhotite, pn = pentlandite, cp = chalcopyrite, mt = magnetite, field of view on both images is 300 microns 6 Definit
Slide 7: Zanthus – "fertile" for Nickel and Copper
Zanthus – “fertile” for Nickel and Copper For personal use only Zanthus Project has now been shown to be “fertile” in terms of potential for discovery of economic Ni-Cu mineralisation • Located in Proterozoic orogen in close proximity to major, crustal scale shear zone & broadly along strike from No
Slide 8: Strong conductor at Oaktree
Strong conductor at Oaktree For personal use only • 1km long, late-time MLTEM anomaly • New, strong and discrete conductor at Oaktree North – untested by drilling • Magmatic Ni and Cu sulphides identified along strike at Oaktree South • RC drilling program at Oaktree North to test strong high priori
Slide 9: Upcoming Fraser Range Program
Upcoming Fraser Range Program For personal use only ZANTHUS • RC Drilling of two circa 250m deep holes at strong Oaktree North Prospect (Oct - Nov 2014) • An additional >1,000m RC drilling programme over at least a further 5 Zanthus EM anomalies to immediately follow • MLTEM surveys to further defin
Slide 10: Yalbra Graphite Project
Yalbra Graphite Project For personal use only • Highest grade graphite resource in • Resource update expected late Q3 – early Australia – 2.21Mt @ 20.1% TGC Q4 2014 • Coarse, medium and fine flake graphite • 2014 drilling program extends high grade shown in petrographic studies mineralisation over 2
Slide 11: Yalbra Graphite Project
Yalbra Graphite Project For personal use only Drilling results include; • 127m @ 13.4% TGC inc. 7m @ 23.8% TGC • 31m @ 22.5% TGC inc. 6m @ 33.0% TGC • 32m @ 23.4% TGC inc. 7m @ 32.6% TGC • 39m @ 18.1% TGC inc. 11m @ 24.2% TGC • 30m @ 22.5% TGC And 25m @ 20.9% TGC Consistent very high grade, wide zon
Slide 12: Yalbra Graphite Project
Yalbra Graphite Project Potential For personal use only • 390km2 of tenements (85 – 100% BUX) • A number of prospects yet to be drilled • With additional tenements, graphite occurrences now over a 35 km strike length 12 Large package, large target zone 12
Slide 13: Graphite – Unlocking the Value
Graphite – Unlocking the Value For personal use only • At the Yalbra Graphite Project (2.21Mt @ 20.1% TGC – pre pending resource update), Buxton is looking to replicate the model and success Valence Industries Limited (ASX: VXL – market capitalisation of circa $114 million*) has achieved with its Ul
Slide 14: Upcoming Yalbra Graphite Program
Upcoming Yalbra Graphite Program For personal use only YALBRA • Resource update due early Q4 2014 • Metallurgical test work underway with results due Q4 2014 – Q1 2015 • 2,000m RC drilling programme to extend resource planned for Q4 2014 • Scoping Studies to commence following receipt of metallurgic
Slide 15: Significant Upcoming Milestones
Significant Upcoming Milestones ZANTHUS NICKEL-COPPER For personal use only RC Drilling of two circa 250m MLTEM surveys to further deep holes at strong Oaktree define new anomalies for North Prospect drilling on regional targets Ground EM and Geochem Additional >1,000m RC programmes to define drilli
Slide 16: Contact
Contact For personal use only Buxton Resources Limited Head Office Phone: +61 8 9380 6063 Suite 1, Level 1 Fax: +61 8 9381 4056 14-16 Rowland St Email: admin@buxtonresources.com.au Subiaco WA 6008 Web: www.buxtonresources.com.au 16
Slide 17: Disclaimer / Competent Person's
Disclaimer / Competent Person‟s For personal use only Disclaimer: This presentation has been prepared by Buxton Resources (“Buxton”). 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 t
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