Everest Metals Corporation Limited · ASX:EMC
Everest Metals — Twenty Seven — Investor Presentation (March 2020)
16 slides from Everest Metals's investor presentation, Mar 11, 2020
Slide 1: Expanding High Grade Gold and VMS Discovery
Expanding High Grade Gold and VMS Discovery Investor Presentation 11 March 2020 (ASX: TSC) Rover Project in WA goldfields
Slide 2: Corporate Snapshot
Corporate Snapshot. ASX CODE: TSC CURRENT SHARE PRICE: $0.006* SHARES: 1,486.4m OPTIONS/PERFORM RTS: 191m PERFORMANCE RIGHTS: 280m CASH POSITION: $1.8M* Major shareholders *Note: Pricing @ 3 March 2020; Est cash balance @ end February 2020 Top 20 ~49% Board & Management >~2% 2
Slide 3: Board of Directors & CEO
Board of Directors & CEO. Rob Scott - Chairman Long-term Board member of several groups and, since 2010, Sandfire Resources where he has overseen the commercialisation of the world-class, high-grade Degrussa Copper-Gold Mine in Western Australia. A chartered accountant with >35 years’ experience as
Slide 4: Expanding high-grade gold/VMS discovery
Expanding high-grade gold/VMS discovery. • After a successful initial drilling campaign, a follow-up drilling program has commenced at the core Rover Project, with two prime objectives: Creasy 1 prospect: Extending shallow high-grade gold mineralisation; and Harmonic prospect: Follow up VMS potentia
Slide 5: Events underpinning Rover Drilling Campaigns
Events underpinning Rover Drilling Campaigns. Mundi Mundi Project Placement formed c.$1.6m 0.012 Shallow high- 0.010 First Rover grade gold Project visit; Placement / SPP Assays discovery at New Board c.$850k confirm VMS Creasy 1 & 0.008 appointed mineralisation VMS @ Creasy 2 signature Placement 0.
Slide 6: High-grade shallow gold discovery at Creasy 1
High-grade shallow gold discovery at Creasy 1. CREASY 1 PROSPECT – NEW GOLD DISCOVERY • Assay results for the inaugural RC drilling campaign completed in late 2019 (17 drill-holes; 1,482m), confirmed a high-grade shallow gold discovery at Creasy 1, with the best intercepts8: • 5m @ 9.0g/t Au includi
Slide 7: Key targets for current RC drilling campaign
Key targets for current RC drilling campaign. • RC drilling has commenced with 2,000m planned at Creasy 1 and Harmonic prospects, which are on a 20km prospective gold strike that is part of the Maynard Hills greenstone belt • The upcoming campaign has two focus areas at Creasy 1 to extend shallow hi
Slide 8: AEM survey identifies 13 conductors (VMS targets)
AEM survey identifies 13 conductors (VMS targets). • AEM Survey identifies 13 conductors along the 20km prospective gold strike10 • Two conductors were identified at Creasy 2 where RC drilling recently confirmed strong potential for VMS style mineralisation with including; • 24m @ 1,825ppm Zn from s
Slide 9: Photo perspectives
Photo perspectives. 9
Slide 10: Binding MOU to optimize Perseus Project
Binding MOU to optimize Perseus Project. • TSC, PEX & private group NZR sign binding MOU to form MMP – a large tenement package (~680km2) located in the Broken Hill Block6 • MMP will be housed within a new vehicle (NewCo) owned by TSC (33%), NZR (33%) and PEX (34%) • TSC will contribute its Perseus
Slide 11: MPP is highly prospective for IOCG / BHT
MPP is highly prospective for I0CG / BHT. • The tenure is highly prospective for IOCG / Broken Hill Type lead-zinc-silver mineralisation • There are known priority targets within MPP, as historic drilling has intersected significant mineralisation at several prospects6, including: • Ardeetoo: 1.2m @
Slide 12: Midas Project: drill ready Benco prospect
Midas Project: drill ready Benco prospect. • TSC continues to seek a strategic partner to fund developing the Midas Project which is in the Broken Hill block and prospective for IOCG mineralisation • Induced polarisation identified compelling drill targets at the Benco prospect which comprises unrec
Slide 13: Key takeaways
Key takeaways. • Successful inaugural RC drilling campaign in late 2019 resulted in: • New shallow high-grade gold discovery at Creasy 1 prospect; and • VMS signature at the Harmonic prospect • Current 2,000m RC drilling campaign is designed to extend gold mineralisation at Creasy 1 and assess the V
Slide 14: References
References. For further detail on information in this release refer to TSC ASX releases below 1) TSC ASX Release – 25 February 2020 Further Drilling to extend gold and VMS potential at Rover 2) TSC ASX Release – 19 February 2020 Advanced AEM survey for VMS targets underway at Rover 3) SPX ASX Releas
Slide 15: Disclaimer
Disclaimer. This presentation has been prepared by Twenty Seven Co. Limited (Twenty Seven Co.). This document contains background information about Twenty Seven Co. ’s current situation at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or
Slide 16: For further information
For further information. ASX: TSC Twenty Seven Co is an ASX listed explorer with tenements in WA & NSW. Our objective is to create shareholder wealth through discovery of mineral resources. The Board of Twenty Seven Co. Limited authorised this announcement to be given to the ASX. Contact: Ian Warlan