Tartana Minerals Limited · ASX:TAT
Tartana Minerals — R3D Resources — Shareholder Meeting (January 2021)
24 slides from Tartana Minerals's shareholder meeting presentation, Jan 28, 2021
Slide 1: Presentation at R3D AGM 27 January 2021
R3D Resources Limited | ACN: 111 398 040 | ASX: R3D Level 5, 52 Phillip Street, Sydney NSW 2000 Australia | T +61 2 9251 7177 | F +61 2 9251 7500 . 28 January 2021 Presentation at R3D AGM 27 January 2021 The attached presentation was delivered to shareholders at the conclusion of the AGM held on 27
Slide 2: Through the acquisition of Tartana Resources, R3D to become copper-gold explorer
1 Through the acquisition of Tartana Resources Limited, the objective of R3D Resources Limited is to become a significant copper-gold explorer and developer in the Chillagoe Region in North Queensland • R3D is conducting a friendly takeover of Tartana Resources • Raising $4.25m at 20 cents per share
Slide 3: General Securities - Advice Warning
GENERAL SECURITIES - ADVICE WARNING 2 This Presentation provides information on R3D Resources (‘the ‘Company’) as a precursor to the issuance of the Prospectus by the Company. This Presentation should not be read as a substitute or alternative for the Prospectus which should be read in its entirety
Slide 4: Offer Details for Public Offer – Priority Offer for R3D and Tartana Shareholders
3 Offer Details for Public Offer – Priority Offer for R3D and Tartana Company R3D Resources Limited Shareholders ACN 111 398 040 R3D Resources ASX Code Shares: R3D Fully paid Shares with one Option for nil Securities Offered under the Public Offer consideration for every five Shares allotted Public
Slide 5: Executive Summary
Executive Summary 4 R3D Resources is proposing a takeover offer for Tartana Resources and concurrently raise $4.25 million through the issue of 20 cent shares with one 40 cent five year option for every 5 shares subscribed for. The proposed outcome is that R3D will relist on the ASX on or around the
Slide 6: R3D Resources Board at Completion
5 R3D Resources Board at Completion Dr Steve Bartrop - Executive Chairman Steve’s professional experience spans more than 30 years covering periods in both the mining industry and financial sector. With a geology background, Steve has worked in exploration, feasibility and evaluation studies and min
Slide 7: Project Portfolio
6 Project Portfolio North Queensland
Slide 8: We have a significant position in the prospective Chillagoe region
We have a significant position in the 7 prospective Chillagoe region Tartana has aggregated a prospective tenement package with a focus on copper/gold targets. The Bulimba agreement with Newcrest Mining covers an additional 1250km2 and potentially places Tartana as the dominant explorer in the regio
Slide 9: Flagship project – separate copper, gold and zinc projects
8 Flagship project – separate copper, gold and zinc projects. 4 Mining Leases located approx. 40 km northwest of Chillagoe, North Queensland Prospective Chillagoe Formation with multiple porphyry copper and zinc skarn orebodies.
Slide 10: Copper/Zinc Project
9 Copper/Zinc Project 4 separate projects within the Mining Leases 1. Restarting the Heap Leach / Solvent Extraction / Crystallisation Plant on site after proving up additional oxide copper resources. 2. Step out drilling on the Queen Grade Zinc Project to establish a zinc resource for potential dev
Slide 11: Oxide Copper Project
10 Oxide Copper Project • Heap Leach / Solvent Extraction / Crystallisation plant which produced high quality copper sulphate sold into the domestic market. • Copper previously sourced by the mining of copper oxides in a shallow open pit (2004 – 2013; 1.2 Mt @ 0.8% Cu) • Early restart opportunity to
Slide 12: Copper Oxide Mineralisation Potential
Copper Oxide 11 Mineralisation Potential Historic drilling indicates that shallow oxide copper mineralisation extends for 600 metres north of the open pit. Supergene copper mineralisation is also in the base of the pit and potentially suitable for processing. Note. Intersections may not meet JORC 20
Slide 13: Copper Sulphide exploration
Copper Sulphide exploration 12 A major induced polarisation (IP) anomaly (green shape) may indicate extensions to the copper mineralisation below and to the north of the open pit. This green IP anomaly could represent copper porphyry mineralisation with a main target area being deeper and to the nor
Slide 14: Accommodation On-site
13 Accommodation On-site • 15 person accommodation camp • Dining, recreational & office facilities • Caretaker currently on site • Large freshwater dam to support processing operations
Slide 15: Bellevue and Dry River copper/gold exploration
Bellevue and Dry River 14 copper/gold exploration Covering more than 25 km2 of the prospective Ok member stratigraphy, the tenements contain at least 10 historical copper/gold prospects which have been subject to limited exploration programs in the past. The Company has also recently applied for exc
Slide 16: Nightflower Silver Project
Nightflower Silver Project 15 An exclusivity/option agreement to purchase the Nightflower Silver Project (EPM application 27959). Axiom Mining reported to the ASX an initial inferred Resource of 215,534 tonnes at 193.6 g/t Ag, 4.91% Pb, 2.2% Zn and 0.15% Cu in 26th September 2008 after a limited dri
Slide 17: Mountain Maid and Cardross Mining Lease Applications and Exploration Permit Application
Mountain Maid and Cardross Mining Lease 16 Applications and Exploration Permit Application Mining Lease Applications ML 100271 and ML 100270 and EPM Application EPM 27735 cover the Mountain Maid and Cardross Projects copper/gold projects. The Mountain Maid prospect was discovered by Cyprus Amax in t
Slide 18: Dimbulah Porphyry Copper Project
17 Dimbulah Porphyry Copper Project The Dimbulah Porphyry Copper project (EPM 27089) covers a copper-mineralised, multi-phase porphyry intrusive identified from historical drill intersections, mapping and geophysics. Evidence of copper mineralisation in the area is present with the numerous historic
Slide 19: Bulimba Project – exploration for large targets under cover
A sale and purchase agreement with Newcrest Mining Limited 18 covering Newcrest’s tenements north of Chillagoe representing its Bulimba Project – 1250 km2 Bulimba project. exploration for large Newcrest has completed airborne magnetic and radiometric geophysical survey, stream sediment sampling and
Slide 20: Tasmanian Zinc Project - Zeehan
19 Tasmanian Zinc Project - Zeehan Tartana Resources’ 100% owned subsidiary Intec Zeehan Residues has signed an agreement with MCC Non-ferrous Trading LLC to sell shipments of low-grade furnace slag/matte and Tartana has already exported two 22,000 tonne trial shipments to South Korea. Further shipm
Slide 21: Two year budget – drilling is a priority
20 Two year budget – drilling is a priority The budget is designed to deliver short term cash flow while at the same time test significant exploration targets. Drilling is anticipated to commence shortly after the ASX relisting and maintain a healthy news flow.
Slide 22: Copper is viewed as the safe way to play the electric vehicle revolution
Copper is viewed as the safe way to play the 21 electric vehicle revolution Copper prices have been increasing with a number of commodity analysts believing that copper is the safe way to play the Electric Vehicle revolution. The impact of this additional demand is likely to be compounded by decreas
Slide 23: Summary
22 Summary R3D Resources is set to become a significant copper/gold explorer and developer through the acquisition of Tartana Resources. After raising $4.25m, R3D will have an approximate market capitalisation of $21.4m and an enterprise value around $16m placing it in a competitive position with re
Slide 24: Contact
23 Contact R3D Resources Limited Share Registry Steve Bartrop – Executive Chairman Computershare Investor Services Pty Limited Poppy Brown – Client Services Manager The Registrar Computershare Investor Services Pty Limited Phone: 02 9392 8011 Yarra Falls, 452 Johnston Street Address: 169 Blues Point