Pursuit Minerals Ltd · ASX:PUR
Pursuit Minerals — Shareholder Meeting (November 2017)
15 slides from Pursuit Minerals's shareholder meeting presentation, Nov 30, 2017
Slide 1: Annual General Meeting, 2017 Operational and Project Review
+ Discovery For personal use only + Resource Definition + Value Capture Annual General Meeting, 2017 Operational and Project Review
Slide 2: Mt Isa Super Basin – World's 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 3: 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 • Concentrate pipeline to the coast
Slide 4: Bluebush Zinc – Lead Project
Bluebush Zinc – Lead Project • The largest sediment hosted deposit in the Mt Isa Province, For personal use only with >120km2 of greater than 1% Zn, within a second order sedimentary sub-basin • Abundant space to locate high-grade SEDEX style zinc deposit similar to McArthur River, Teena or Century
Slide 5: Bluebush Zinc: 2017 Drilling Results
Bluebush Zinc: 2017 Drilling Results* For personal use only • 5 holes drilled for 1482m, testing five third order sub-basins • Sub-Basin between BB03-17 and BB04-17 has characteristics suggestive of globally significant zinc system • Drilling in 2017 narrowed the area of interest from 10km x 12km do
Slide 6: Bluebush Zinc – BB04-17
Bluebush Zinc – BB04-17 • Drill hole BB04-17 Intersected a zinc mineralised For personal use only brecciated fault zone ➢ 5m @ 2.41% Pb+Zn* ➢ 1m @ 7.69% Pb+Zn* ➢ 9m @ 2.04% Pb+Zn* • Mineralisation in BB04-17 may represent “fault leakage” from a zinc deposit at depth as occurs at Teena, Century, McAr
Slide 7: Bluebush Zinc: 2018 Drilling Program
Bluebush Zinc: 2018 Drilling Program For personal use only Objective Fault controlled Zn and Pb • Intersect economic widths and grades of Zn+Pb SEDEX mineralisation in hole BB04-17, down hole depth style mineralisation zinc (10-15m @ 10-15% Zn+Pb) 234m* within the defined target area between, and in
Slide 8: Paperbark Project
Paperbark Project For personal use only Objectives of 2017 Drilling Program • Test southern section of JB Zone (JORC inferred mineral resource of 10Mt @ 3% Pb+Zn*), obtain samples for DMS test work, investigate copper zone beneath JB Resource • Test Grunter North (>900m of >1% Cu at surface) • Deter
Slide 9: Paperbark Project: JB Zone Prospect – Lead-Zinc Deposit
Paperbark Project JB Zone Prospect – Lead-Zinc Deposit For personal use only • 10Mt @ 3% Pb+Zn* • Drill Hole PB01-17 intersected**: o 1m @ 16.64% Zn+Pb o 13m @ 3.57% Zn+Pb o 3m @ 5.4% Zn+Pb o 68m @ 1.44% Zn+Pb • JB Zone mineralisation sent for Dense Media Separation (DMS) Test Work • Previous DMS sh
Slide 10: Paperbark Project: JE Zone Prospect
Paperbark Project JE Zone Prospect For personal use only • Highest amplitude zinc and lead soil geochemical anomalies on the entire project • Discovery of new zinc-lead sulphide zone* • Drill Hole PB03-17 intersected indications of zinc and lead mineralisation from 116m until the end of hole at 166m
Slide 11: Paperbark Project: Grunter North Copper Zone
Paperbark Project • Grunter North Copper Zone For personal use only • 7km long anomalous copper zone, which is currently untested* • Similar structural setting to Gunpowder copper deposit • 900m zone of >1% Cu at surface • Copper oxide and copper sulphide potential • One drill hole completed • Resul
Slide 12: Paperbark Project: Stonemouse Prospect
Paperbark Project • Stonemouse Prospect For personal use only • +500m zone of lead and zinc at surface* • Exceptional grades at surface • 37.8% Pb & 5.66% Zn* • 23.2% Pb & 13.05% Zn* • Historical drilling to the west and north did not test main mineralised zone • One drill hole completed • Results w
Slide 13: Summary
Summary Bluebush Project For personal use only • Drilling located an area of enhanced grade SEDEX style zinc in the NW quadrant of the project between drill holes BB03-17 and BB04-17 • Assay and geological data suggests a major accumulation of SEDEX style zinc could be in close proximity to, or betw
Slide 14: 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 15: 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 construed as, For personal use onl
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