Redstone Resources Limited · ASX:RDS
Redstone Resources — Investor Presentation (December 2021)
24 slides from Redstone Resources's investor presentation, Dec 1, 2021
Slide 1: Redstone Resources Limited Investor Presentation
For personal use only REDSTONE RESOURCES LIMITED INVESTOR PRESENTATION December 2021 1
Slide 2: Board of Directors and Company Overview
Board of Directors and Company Overview Mr Richard Homsany Dr Greg Shirtliff For personal use only Chairman Geological Consultant Corporate and commercial lawyer for over 25 years advising and Geologist with over 20 years’ experience in the minerals industry managing public listed resource a
Slide 3: West Musgrave Project - Location
West Musgrave Project ‐ Location For personal use only Redstone’s 100% owned West Musgrave Project is located in the West Musgrave province of Western Australia and is situated 40km east of OZ Minerals’ world class Nebo Babel Ni‐Cu deposit and approximately 50km WSW of Metals‐X Wingellina Ni‐Co proj
Slide 4: West Musgrave Project Highlights
West Musgrave Project Highlights Highly prospective, underexplored tenure prospective for copper and nickel just 40km east of the world‐class Nebo‐ For personal use only Babel Ni‐Cu deposit. The right geological and structural setting for large magmatic Ni‐Cu sulphide deposits, Volcanic Hosted M
Slide 5: High Grade Tollu Cu-Vein System - Chatsworth Extensions
High Grade Tollu Cu‐Vein System – Chatsworth Extensions Preliminary hh‐pXRF analysis of drill chips from the 2021 RC drilling at For personal use only Tollu suggest the thick high grade copper mineralisation intersected in historical drilling at the Chatsworth prospect is relatively continuous betwe
Slide 6: High Grade Tollu Cu-Vein System - Forio Extension
High Grade Tollu Cu‐Vein System – Forio Extension The 2021 and 2019 drilling at Forio prospect, Tollu has shown that thick high For personal use only grade copper lenses have the potential to extend over significant distances along strike and to depth. Drilling around a major copper lens of minerali
Slide 7: High Grade Tollu Cu Deposit - Proof Large Hydrothermal Mineralising Systems Present
High Grade Tollu Cu Deposit – Proof Large Hydrothermal Mineralising Systems Present Local Geology ‐ West Musgrave Project Reduction to Pole Airborne Magnetics – For personal use only West Musgrave Project Cu‐carbonate at the surface TOLLU TOLLU 5k m Tollu is a very significant hydrothermal system
Slide 8: Further Exploration Outside Tollu Identifies New Prospective Target Areas
Further Exploration Outside Tollu Identifies New Prospective Target Areas Results from the 2019 RC drilling and exploration programme confirmed the significant and improved potential for For personal use only further copper resources with promising walk up drill targets. A deeper RC drilling program
Slide 9: Further Exploration Outside Tollu Identifies New Prospective Target Areas
Further Exploration Outside Tollu Identifies New Prospective Target Areas New Prospective Target Areas For personal use only The additional areas of interest include: An area some 2.3km NE of Tollu that includes a 15m long quartz outcrop, with rock chip samples returning up to 0.71% copper. An a
Slide 10: Tollu Resource and Oxide Potential
Tollu Resource and Oxide Potential The Tollu Cu deposit drilled to date represents a 5km2 area of outcropping veins – For personal use only Extent of Tollu mineralisation is limited only by drilling. The 38,000t copper resource (JORC 2012) (Appendix 3) may be far greater with further drilling. T
Slide 11: Tollu Cu Deposit - A Possible Expression of a Large Magmatic Ni-Cu Target
Tollu Cu Deposit – A Possible Expression of a Large Magmatic Ni‐Cu (±Co±PGE) Target Conceptual model of Ni‐Cu‐Co mineralisation beneath Tollu For personal use only A historical Redstone diamond tailed RC drill hole based on theoretical models and drilling data (TC74/TLD3) was interpreted to have int
Slide 12: First Ever Drilling Outside the Tollu Cu Vein Deposit
First Ever Drilling Outside the Tollu Cu Vein Deposit Intersects Another Hydrothermal Mineralisation System EM1 Target For personal use only Drill hole RWMEM1‐3 Target: Airborne electromagnetic (EM) conductor only 3.5km from Tollu Cu deposit. • Five drill holes drilled in August‐September 2017 inter
Slide 13: West Musgrave Project - Next Steps and Progress
West Musgrave Project ‐ Next Steps and Progress Plans to continue West Musgrave Project drilling and exploration efforts at the earliest opportunity next calendar For personal use only year subject to rig and personnel availability. The next drilling phase to include deeper RC drilling at select
Slide 14: HanTails Gold Tailings Project
HanTails Gold Tailings Project Redstone entered into a Farm‐in and JV agreement in July 2020 to farm‐in up to an 80% interest in the privately owned For personal use only Hannans South Gold Tailings Project (HanTails), a large scale gold Tailings Storage Facility (TSF) located on the historic Hannan
Slide 15: Why Invest in Redstone?
Why Invest in Redstone? The right rocks, the right structural setting For personal use only Indisputable evidence of fertile hydrothermal fluid activity Exceptional upside potential, an exceptional base to build an exploration portfolio in the West Musgrave Already 38,000t of Cu and 535t of Co defin
Slide 16: Appendix - West Musgrave Highly Prospective Geological Setting
Appendix 1 – West Musgrave ‐ Highly Prospective Geological Setting The West Musgrave is an area experiencing active exploration by a number of companies. For personal use only The key to understanding the economic prospectivity of the West Musgrave is that it was first created as a suture zone of th
Slide 17: Appendix - Key Geological Criteria for Various Mineralising Systems
Appendix 2 ‐ Contains Key Geological Criteria for Various Mineralising Systems – Including Nebo Babel Ni‐Cu‐PGE According to the Geological Survey of Western Australia (GSWA) Redstone’s 100% owned West Musgrave Project sits right in the middle of the ancient rift basin and thus contains all of the k
Slide 18: Appendix - Tollu Maiden JORC Resource
Appendix 3 – Tollu Maiden JORC Resource For personal use only Redstone has defined a JORC 2012 Resource Estimate Initial JORC 2012 resource of 3.8 million tonnes at 1% Cu, containing 38,000 tonnes of copper (includes 0.01% of cobalt, which equates to 535 tonnes of contained cobalt) at the Tollu
Slide 19: Appendix - Tollu Conceptual Exploration Target
Appendix 4 ‐ Tollu Conceptual Exploration Target Redstone has estimated a Conceptual Exploration Target for the Tollu Project For personal use only 31 to 47 million tonnes of mineralisation at a conceptual grade range of 0.8 to 1.3% Cu, containing 259,000 to 627,000 tonnes of copper Tonnes Tonne
Slide 20: Appendix - 2017 Significant Tollu Cu Intercepts
Appendix 5 – 2017 Significant Tollu Cu Intercepts The 2017 RC drilling program, focused on the Forio Prospect and additional Forio analogues, returned a number of high grade and broad copper intersections, including 1m at 11.9% (TLC 153), the second highest grade ever intersected at Tollu. For perso
Slide 21: Appendix - Significant Tollu Cu Intercepts - pre 2017
Appendix 6 ‐ Significant Tollu Cu Intercepts ‐ pre 2017 Other significant copper intercepts from historical drill programs, primarily from the Chatsworth, Eastern Reef and Forio For personal use only Prospects, which include copper grades of up to 4.02%, as follows: Chatsworth Prospect • 31m at 1.18
Slide 22: Appendix - 2021 Chatsworth Extensions - TLC192 Cross-section
Appendix 7 ‐ High Grade Tollu Cu‐Vein System – 2021 Chatsworth Extensions – TLC192 Cross‐section For personal use only Left: E‐W Cross‐section of recent RC drill hole TLC192 along with the historical drilling at Chatsworth, Tollu, looking north * Note that copper grades stated for TLC192 are hh‐pXRF
Slide 23: Appendix - 2021 Forio Extension - TLC181 Cross-sections
Appendix 8 ‐ High Grade Tollu Cu‐Vein System 2021 Forio Extension ‐ TLC181 Cross ‐ sections For personal use only Below: Cross‐section of RC drill hole TLC181 recently drilled at the Forio Prospect, Tollu, looking north. Above ‐ Cross‐section of RC drill hole TLC181 recently drilled to test for exte
Slide 24: Important Information
Important Information This presentation has been prepared by Redstone Resources Ltd the Australian Institute of Mining and Metallurgy and has sufficient For personal use only (Redstone) for the sole purpose of providing financial, operational and experience of relevance to the tasks with which he is
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