Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Technical Presentation (June 2023)
19 slides from Waratah Minerals's technical presentation, Jun 23, 2023
Slide 1: Technical Presentation: Defining a New Intrusion-Related Gold District in Western Victoria
TECHNICAL PRESENTATION DEFINING A NEW INTRUSION-RELATED GOLD DISTRICT IN WESTERN VICTORIA 23 June 2023
Slide 2: Company Overview
COMPANY OVERVIEW DEFINING A NEW INTRUSION-RELATED GOLD DISTRICT IN VICTORIA Priority drill targets in White Rabbit District, 15km from Stawell Gold Mine1, sheeted IRG quartz- sulphide veining with visible gold (ASX BAT 9 June 2023) DISCOVERY Stawell Gold Mine (>5MOz2) (Stawell Gold Mines Pty Ltd
Slide 3: Stavely-Stawell Project: Two Discovery Fairways
STAWELL GOLD CORRIDOR STAVELY-STAWELL PROJECT EL 6871 Stawell Gold Mine TWO DISCOVERY FAIRWAYS STAVELY- DRYDEN 5Moz Production1 BELT STAWELL GOLD CORRIDOR – Au White Rabbit District 6Moz Stawell-Wonga Gold Mine1 Intrusion – Related Au (IRG) Moyston Historical Mine Mt Ararat ( VMS ) Morning Bill ( VM
Slide 4: Stavely-Stawell Project: Key Belt-Scale Marker Unit
STAWELL GOLD CORRIDOR STAVELY-STAWELL PROJECT EL 6871 Stawell Gold Mine KEY BELT-SCALE MARKER UNIT STAVELY- DRYDEN 5Moz Production1 BELT White Rabbit District • Ultramafic/serpentinite units are a key belt-scale marker within the Stavely-Dryden Belt Moyston Historical Mine Mt Ararat ( VMS ) • Thursd
Slide 5: Targeting the White Rabbit Intrusive Complex
Stawell-Magdala Deposit 5Moz Stawell-Wonga IRG Deposit 294k oz STAVELY-STAWELL PROJECT TARGETING THE WHITE RABBIT INTRUSIVE COMPLEX • Margin of Western Lachlan Orogen / Stawell Zone / Delamerian Orogen • Devonian Intrusive Complex – Stawell Granite • Located along a regional, northeast trending stru
Slide 6: Intrusion-Related Gold Systems: Attractive Exploration Target
Intrusion-Related Gold Systems (IRGS) Exploration Model STAVELY-STAWELL PROJECT INTRUSION - RELATED GOLD SYSTEMS (IRGS) ATTRACTIVE EXPLORATION TARGET – NOTABLE DEPOSITS POGO - 8Moz @ 13.6g/t Au 1 FORT KNOX - 7Moz @ 0.83g/t Au 1 STAWELL-WONGA – 6moz 1 KIDSTON – 5Moz @ 1.7g/t Au 1 MINERALISATION STYLE
Slide 7: Intrusion-Related Gold Systems: Attractive Exploration Target
STAVELY-STAWELL PROJECT INTRUSION - RELATED GOLD SYSTEMS (IRGS) ATTRACTIVE EXPLORATION TARGET – NOTABLE DEPOSITS POGO - 8Moz @ 13.6g/t Au 1 FORT KNOX - 7Moz @ 0.83g/t Au 1 STAWELL-WONGA – 6moz 1 KIDSTON – 5Moz @ 1.7g/t Au 1 MINERALISATION STYLES 1) Intrusion-hosted, sheeted vein arrays Hart 2007 2)
Slide 8: Four Priority Gold Prospects 15km from Stawell Gold Mine
Gold Geochem Sporadic hist. gold assaying 1m @ 3g/t Au from 6m (AC93AA114) Rockchips 16 g/t Au STAVELY-STAWELL PROJECT FOUR PRIORITY GOLD PROSPECTS – 15km FROM BILLYGOAT STAWELL GOLD MINE1 8m @ 0.79g/t Au from 1m @ 0.99g/t Au at EOH 27m to EOH (22AC134) >22koz Au production, 1. COXS FIND - Au - hist
Slide 9: Four Priority Gold Prospects 15km from Stawell Gold Mine
Bismuth Geochem Sporadic hist. gold assaying 1m @ 3g/t Au from 6m (AC93AA114) Rockchips 16 g/t Au STAVELY-STAWELL PROJECT FOUR PRIORITY GOLD PROSPECTS – 15km FROM BILLYGOAT STAWELL GOLD MINE1 8m @ 0.79g/t Au from 1m @ 0.99g/t Au at EOH 27m to EOH (22AC134) >22koz Au production, 1. COXS FIND - Au - h
Slide 10: Journey to Discovery (Coxs Find)
SEM Image STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) cm 1) RECOGNISING HIGH VALUE DISCOVERY OPPORTUNITY 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 1 um 3) DRILL PRIORITY TARGETS SEM Image LA Pyrite Image LA Pyrite Image • Pyrite petrography-microscopy SEM/ICPMS indicate gold asso
Slide 11: Journey to Discovery (Coxs Find North)
STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND NORTH) 1) RECOGNISING HIGH VALUE DISCOVERY OPPORTUNITY 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 3) DRILL PRIORITY TARGETS • Rockchip geochem. inc. 430 g/t Au, 174.5g/t Au (ASX BAT 2 May 2022), IRG pathfinder suite Au-Bi-Te-As-Mo-W • PDI
Slide 12: Journey to Discovery (Coxs Find)
PDIP CHARGEABILITY – L19500 STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) 1) RECOGNISING HIGH VALUE MINERALISATION 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 3) DRILL PRIORITY TARGETS PDIP RESISTIVITY – L19500 • Rockchip geochem. inc. 430 g/t Au, 174.5g/t Au (ASX BAT 2 May 2022), IR
Slide 13: Intrusion-Related Gold Systems: Attractive Exploration Target
Intrusion-Related Gold Systems (IRGS) Exploration Model STAVELY-STAWELL PROJECT INTRUSION - RELATED GOLD SYSTEMS (IRGS) ATTRACTIVE EXPLORATION TARGET – NOTABLE DEPOSITS POGO - 8Moz @ 13.6g/t Au 1 FORT KNOX - 7Moz @ 0.83g/t Au 1 STAWELL-WONGA – 6moz 1 KIDSTON – 5Moz @ 1.7g/t Au 1 MINERALISATION STYLE
Slide 14: Azura Project: Copper-Nickel-Cobalt-PGEs
Argyle Diamond AZURA PROJECT COPPER - NICKEL - COBALT - PGEs • Underexplored, multiple target styles Savannah ( Ni-Cu ) • Michigan Cu-Ag • Magmatic Ni – Cu - PGEs AZURA • Skarn Cu-Au PROJECT • Mesothermal Au - Cu/Pb/Zn/Ag Panton ( PGE ) Copernicus ( PGE ) • Operating Mines • Savannah Ni-Cu-Co (PAN.A
Slide 15: Azura Project: Drill Targets, EM Anomalies, Strong Surface Geochem
AZURA PROJECT DRILL TARGETS - EM ANOMALIES - STRONG SURFACE GEOCHEM • Priority Cu-Ni-Co-PGE drill targets identified • EM conductors + strong surface Cu anomalism, up to 29.9% Cu rockchips (ASX BAT 22 June 2021) • Olympio Target: coincident strong conductivity (600m long at 100m depth) and concealed
Slide 16: Company Investment in Emerging Major Graphite Producer
Tirupati Graphite Operations1 UKFY23 Results AUD Production 4,770t Average Flake Production Cost $597/t COMPANY INVESTMENT IN Average Flake Price achieved $1,365/t Average operating margin $768/t EMERGING MA JOR GRAPHITE Revenue $5.4m Production expansion underway1 PRODUCER Gross Profit $2.6m LISTED
Slide 17: High Impact Newsflow
HIGH IMPACT NEWSFLOW ACTIVITY SUMMARY DISCOVERY ACTIVITY MAR QTR JUNE QTR SEPT QTR GOLD-COPPER Admin transfer to Tirupati MOZAMBIQUE GRAPHITE Complete Tirupati transaction Admission of TGR shares INVESTMENT Target Definition, inc. geophys STAVELY-STAWELL GOLD-COPPER GRAPHITE Drilling - AC Drilling –
Slide 18: References
REFERENCES ASX BAT 2 May 2022 Coxs Find High Grade Gold ASX BAT 11 July 2022 Stavely-Stawell Update ASX BAT 27 September 2022 IP Commences at Stawell ASX BAT 21 November 2022 IP Defines Priority Targets at Stawell ASX BAT 3 April 2023 Completion of Tirupati Sale ASX BAT 17 May 2023 White Rabbit Maid
Slide 19: Disclaimer – Important Information
DISCLAIMER – IMPORTANT INFORMATION Forward Looking Statements Previously Reported Information • This announcement contains “forward-looking statements” within • The information in this presentation that relates to Mineral Resources in the • The information in this report that references previously r
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