Redstone Resources Limited · ASX:RDS
Redstone Resources — Investor Presentation (April 2014)
20 slides from Redstone Resources's investor presentation, Apr 16, 2014
Slide 1: Corporate Presentation – Tollu Project Stage 1 Exploration Update
For personal use only Corporate Presentation Tollu Project Stage 1 Exploration Update 15 April 2014 1
Slide 2: Important Information
Important Information For personal use only This presentation has been prepared by Redstone Resources This presentation should not be relied upon as a Ltd (Redstone) for the sole purpose of providing financial, representation of any matter that an investor should consider operational and other infor
Slide 3: Investment Highlights
Investment Highlights For personal use only Turnaround opportunity Board, corporate and management restructure. Repositioning of Redstone. Refocus on newsflow, promotional and corporate outcomes. Divest Brazilian assets. Potential large scale near surface copper project Large swarm of
Slide 4: Company Overview
Company Overview For personal use only Capital Structure (15 April 2014) Issued Shares (ASX:RDS) – 186,969,390 Listed Options (ASX:RDSO) – 31,356,966 Unlisted Options – 8,000,000 Share Price – $0.081 Market Capitalisation – $15.1m Funds Raised (17 February 2014) – $1.75m (before costs)
Slide 5: Board of Directors and Key Management
Board of Directors and Key Management For personal use only Richard Homsany Edward van Heemst Chairman Non Executive Director Corporate and commercial lawyer with considerable Prominent Perth businessman with 40 years experience advising public listed resource experience in the management of
Slide 6: Turnaround Strategy
Turnaround Strategy For personal use only Board, corporate and technical restructure. West Musgrave focus. Copper is the key priority. •Capital •Brand Divest Brazilian assets. •Relationships •Promotion Build technical team into two streams: •Capabilities •Website •New Capital •Data room
Slide 7: Strategic and Operational Review
Strategic and Operational Review For personal use only Redstone will remain a copper focused company exploring in the West Musgrave region of Western Australia. Redstone will significantly reduce its ongoing administrative overheads. As a consequence the company’s key initiatives will be: Stag
Slide 8: Stage 1 Exploration Program
Stage 1 Exploration Program For personal use only Stage 1 Exploration Program Tollu Project Stage 1 Timeframe Appoint new management structure: 4 months. – Appoint BMGS to review and expand exploration targets. – Appoint metallurgical consultant to commence sighter Tollu Project Stage 1 Ou
Slide 9: Redstone's Staged Exploration Approach
Redstone’s Staged Exploration Approach For personal use only Staged Exploration Redstone will be focused on a staged exploration approach. This new exploration path is designed to maximise shareholder value by identifying key activities and deliverables for each exploration stage. Activities
Slide 10: Tollu Project
For personal use only Tollu Project 10
Slide 11: Tollu Project – Prospects
Tollu Project – 16 Prospects For personal use only Redstone’s 100% owned Tollu Project is located in the southeast portion of the West Musgrave region of Western Australia. The project is approximately 20km south east of the Blackstone Community on the Company’s 100% owned tenement E69/2450. T
Slide 12: Tollu Project Overview
Tollu Project Overview For personal use only Work completed: Series of mapping programs. Series of geophysical surveys. 88 RC holes for 21,683m. 3 Diamond holes for 1,274.4m. Series of rock chip sampling programs. Series of soil sampling programs.
Slide 13: Tollu Project – Batch Assay Results
Tollu Project – Batch 1 Assay Results For personal use only Hole Prospect Easting Northing RL Dip Azim Depth From Interval True Cu (m) (m) (m) (degree) (degree) (m) (m) (m) Width (%) (m) TLC072 Hampton 438100 7108340 573 ‐60 90 247 162 3 N/C 2.66 TLC073 Hampton 438060 7108340 574 ‐60 90 295 191 2 N/
Slide 14: Chatsworth Prospect – Historical Assay Results
Chatsworth Prospect – Historical Assay Results For personal use only Hole Prospect Easting Northing RL Dip Azim Depth From Interval True Cu (m) (m) (m) (degree) (degree) (m) (m) (m) Width (%) (m) TLC015 Chatsworth 438087 7108554 585 ‐60 266 246 178 20 6 2.46 TLC020 Chatsworth 438109 7108556 583 ‐60
Slide 15: Chatsworth Prospect
Chatsworth Prospect For personal use only 15
Slide 16: Tollu Project – Batch Assay Results
Tollu Project – Batch 2 Assay Results For personal use only Hole Prospect Easting Northing RL Dip Azim Depth From Interval True Cu (m) (m) (m) (degree) (degree) (m) (m) (m) Width (%) (m) TLC019 Prater 438461 7108250 578 ‐60 240 240 99 6 N/C 0.94 TLC039 Prater 438135 7108430 580 ‐60 260 250 43 4 N/C
Slide 17: Tollu Project – Batch Drill Locations
Tollu Project – Batch 2 Drill Locations For personal use only 17
Slide 18: Exploration Strategy – Tollu Project
Exploration Strategy – Tollu Project For personal use only Limited regional exploration presents an opportunity for Redstone to quickly build a list of new targets and enhance the project scale via a renewed exploration outlook. In the next 12 months Redstone intends to focus on surface and shal
Slide 19: Project Strategy – Tollu Copper Project
Project Strategy – Tollu Copper Project For personal use only Conceptual Study: Engineering. Marketing. Metallurgy. Geology. Infrastructure. Ore Transport. Financial Evaluation. Exploration: – Regional Geology. – Stratigraphy. – Prospect Geology. – Mineralisation. Conceptual Stud
Slide 20: Next Steps
Next Steps For personal use only Turnaround Story 1 Board, corporate and management restructure. Repositioning of Redstone. Refocus on newsflow, promotional and corporate outcomes. Divest Brazilian assets. West Musgrave Copper Focus 2 By using low cost, near surface exploration techniq
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