Accelerate Resources Ltd. · ASX:AX8
Accelerate Resources — Investor Presentation (February 2018)
21 slides from Accelerate Resources's investor presentation, Feb 20, 2018
Slide 1: Company Presentation ASX: AX8
For personal use only Company Presentation ASX: AX8 February 2018
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation has been prepared by Accelerate Resources Limited (Accelerate or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary for
Slide 3: New Discovery opportunity
New Discovery opportunity For personal use only Mt Read Cobalt Project Grade - Up to 7800 ppm Co , 9.5% Cu, 3 g/t Au* Prime Geology - Mt Read Volcanic belt Scale –1.4km long + 500x600m Ownership post listing - 100% Management – Exploration expertise Drill Ready – Drilling approved De-risked – Geophy
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Listing Shares on Options Share Market Cash at ASX Issue on Issue Date Price Cap Bank 14th AX8 47.6M 15M 20.5c ~9.76M $4.6M Feb,2018 Capital Structure Founders 17% Project Venders 10% Public offer 52% Seed 9% Promoters 10% *Data as at 19/2/2018 AX8 I Page 4
Slide 5: Industry Experience - Directors
Industry Experience - Directors For personal use only Grant Mooney, Chairman Andrew Haythorpe, Executive Director • 30+ years’ experience of corporate governance, capital raisings, M&A. • 25+ years’ experience in the mining industry. • Director of several ASX resource companies. • 18 years of experi
Slide 6: Mt Read Cobalt
Mt Read Cobalt For personal use only • Thomas Creek Co-Cu-Au • Henrietta Co-Ni-Cu • Hill 99 and more AX8 I Page 6
Slide 7: World class mineral province
World class mineral province For personal use only Mount Read Volcanic Belt Host to all western Tasmania’s significant base and precious metal mines and mineral occurrences Deposit Company Resources* Copper Mines of 311Mt 0.97% Cu Mt Lyell Tasmania 0.31%Au Avebury MMG Limited 10Mt @1.14%Ni 34Mt @13.
Slide 8: Tenements within Tasmania Strategic Prospectivity Zone
Tenements within Tasmania Strategic Prospectivity Zone For personal use only The Act ensures continuing access to certain areas of the State having a very high potential for mining AX8 I Page 8
Slide 9: Thomas Creek Cobalt
Thomas Creek Cobalt For personal use only Up to 7800 ppm Cobalt, 1.69% Copper • 40cm below surface Massive Sulphides at Surface • Undrilled • Extent not known • Chalcopyrite, (Bornite?), gold, massive pyrite panned pyrite-chalcopyrite sulphides + gold from saprock ore AX8 I Page 9
Slide 10: "Cobalt Country" Co + Cu + Au + Ni
“Cobalt Country” Co + Cu + Au + Ni For personal use only • Large Cobalt geochemical and geophysical targets • Ovoid magnetic rim clearly visible • 226 km2 (Granted) • Targets ready to drill AX8 I Page 10
Slide 11: Thomas Creak Cobalt – 500x600m
Thomas Creak Cobalt – 500x600m For personal use only • >500m Cobalt in soil anomaly • Gold in soil • IP anomaly • Magnetic rim • Vegetation anomaly AX8 I Page 11
Slide 12: Thomas Cobalt: Geochem + IP anomaly
Thomas Cobalt: Geochem + IP anomaly For personal use only • 1.8 km x 1.2 km area • Remains open • Up to 7800 ppm Co 7.5 % Cu, 3 g/t Au • 500x600m IP anomaly untested • IP below 100m depth
Slide 13: Thomas Cobalt - Untested
Thomas Cobalt - Untested For personal use only • 8 shallow holes in 1996- did 58m @ 0.08% Cu from 40m Inc. 9m @ 0.13% from 50m Inc 27m @ 0.1 from 71m not test the IP anomaly 76m @ 0.05% Cu from 45m • IP was done subsequently Inc. 5m @ 0.1% Cu from 74m Inc. 9m @ 0.1% Cu from 108m • Historical shallow
Slide 14: Henrietta - 1.4km Co - Ni sulphide at surface?
Henrietta -1.4km Co - Ni sulphide at surface? For personal use only • 2010 VTEM survey data reprocessed • 1.4km EM target identified • Airborne EM targets correlated with the MRV • Rock chip in (hanging?)wall 0.6% Ni, 2381ppm Co • Undrilled • Potential near surface VMS style base metal sulphide disc
Slide 15: Henrietta Co - 1.4km EM Target
Henrietta Co - 1.4km EM Target For personal use only 1.4km long EM target Intense late-time electromagnetic high GeoTEM Z component Late time • Laboratory analysis of outcrops : 1400ppm Co, 0.17% Ni,52ppb Pt • Undrilled AX8 I Page 15
Slide 16: Western Australia Gold Projects
Western Australia Gold Projects For personal use only • Bulgera Gold • Mt Monger Gold • Comet Gold • Pilbara Gold Bulgera Open Pit AX8 I Page 16
Slide 17: Bulgera Gold Project
Bulgera Gold Project For personal use only Discovered by Resolute Resources (1988). Rock chip samples returned gold values of 3 to 7g/t Au. Last mined in 2004 by Barrick Gold of Australia （ Gold Price 375 - 454 USD) Two tenements, E52/3276 and E52/3316) with a combined area of 37.3 km2 10km from the
Slide 18: Mount Monger Gold Project
Mount Monger Gold Project For personal use only • Located in an active gold mining district • 8 km east of the Silver Lake Randalls gold mill • Shallow and widespread gold mineralisation over 350m • 11m @ 1.7g/t Au from 24m in MMAC062 • 3m @ 3.2g/t Au from 33m in MMAC066 • 1m @ 4.2g/t Au from 27m in
Slide 19: WA Gold - Pilbara Gold
WA Gold - Pilbara Gold For personal use only Covers part of the Fortescue Group of the Pilbara Craton and includes units of the Hardey Formation Hardey Formation is though to be prospective for conglomerate hosted gold mineralisation 70 km east northeast of Nullagine 31.9 km2 Tenement Area AX8 I Pag
Slide 20: Comet Gold Project
Comet Gold Project For personal use only • E20/908 covering 37.2 km2 (Under application) • 115 km south southwest of Meekatharra • 20 km southeast of Cue • located at the southern end of the Tuckabianna Shear Zone • covers part of the Meekatharra to Mount Magnet Greenstone belt AX8 I Page 20
Slide 21: Contacts
Contacts For personal use only Yaxi Zhan Andrew Haythorpe Managing Director Executive Director Mob： 0432 024 792 Mob： 0407 737 973 Email: Yaxiz@Ax8.com.au Email: Andrewh@Ax8.com.au Office Address : Postal Address : Ground Floor PO Box 938, West Perth, 6005 1/16 Ord Street, West Perth Website: Wester
Accelerate Resources — Investor Presentation (February 2018) on 6ix