Slide 1: Copper in the Tethyan Belt
For personal use only COPPER IN THE TETHYAN BELT Australian Investor Roadshow August 2018 raidenresources.com.au
Slide 2: Disclaimer
Disclaimer Certain statements contained in this presentation, and in certain documents incorporated by reference in this presentation, constitute "forward- looking statements". All statements other than statements of historical fact contained in this presentation, including, without limitation, thos
Slide 3: Key Investment Highlights
Key Investment Highlights For personal use only Established in Portfolio Offers Well Capitalised for Serbia World-Class Outstanding Opportunity 2018 Exploration Experienced Jurisdiction for a Tier 1 Discovery Budget Management Team Significant land position Large drill targets in a $3.7 million cash
Slide 4: Corporate Overview
Corporate Overview Corporate Snapshot Directors and Management For personal use only TICKER SHARES ON ISSUE Australian executive with extensive ASX:RDN 410.4 million MICHAEL DAVY experience in oil and gas and resources. Mr Davy is a director and owner of a 62.5 million Performance A Shares NON-EXECU
Slide 5: Asset Portfolio
Asset Portfolio Stara Planina (JV with local entity – path to 100% - 63km2) For personal use only • Shear-related Au and intrusion related Cu-Au mineralisation plus high grade Au-Cu targets Donje Nevlje Project (100% Raiden – 74km2) – Rio JV • Historical exploration defined porphyry style targets Ma
Slide 6: Stara Planina
Stara Planina HISTORICAL DATA For personal use only HIGH GRADE COPPER AND GOLD MINERALISATION IDENTIFIED • Joint Venture with private Serbian company, option to buy 100% for €300k at any time • Gradiste and Aldinac drill targets defined by geochemistry, geophysics and surface sampling • Historic dat
Slide 7: Stara Planina: Aldinac Target
Stara Planina ALDINAC TARGET For personal use only • Aldinac target is defined by copper, molybdenum and gold in soil anomaly which extends over 2.5km x 0.75km area • Results of historical soil survey confirmed a persistent Cu (100-2,070 ppm) and Mo (15-240 ppm) anomalism along a NNW structural tren
Slide 8: Stara Planina: Aldinac Target
Stara Planina ALDINAC TARGET For personal use only Defined chargeability anomaly (600m wide with a 300m vertical extent), as well as a coincidental resistivity anomaly 8 Australian Investor Roadshow August 2018
Slide 9: Stara Planina: Aldinac Target
Stara Planina ALDINAC TARGET For personal use only Aldinac IP Target Zone • Very intense chargeability values • Large and consistent anomaly • Interpreted as silicified massive & disseminated sulphide zone • Drilling commenced & results due +450m vertical extent in September (Possibly open at depth)
Slide 10: Stara Planina: Gradiste Target
Stara Planina GRADISTE TARGET For personal use only • Gradiste target is a 3Km x 1Km copper- molybdenum-gold soil anomaly, with values exceeding 1000ppm Cu; 5ppm Mo; and isolated samples with elevated gold up to 8ppm Au • Highlighted historical sampling results: • Trench 8m (2m @ 10.55g/t Au and 6m
Slide 11: Stara Planina: Gradiste Target
Stara Planina GRADISTE TARGET For personal use only Aljin Do Historical Mine • 2017 IP Survey - Chargeability anomaly extends over 1000m across the anomaly and extends over 200m vertically • Interpretation of single IP line indicate a strong chargeable and resistive anomaly • Overlapping chargeabili
Slide 12: Pirot Project
Pirot Project PROSPECTIVE FOR For personal use only COPPER-PORPHYRY, SKARNS AND MASSIVE SULPHIDE MINERALISATION • Cretaceous volcanics and intrusives (same suite as the Timok magmatic complex (‘TMC”) • Identified as a ‘porphyry Cu target’ in the 60’s, as a result of mapping, geochemistry and a magne
Slide 13: Zupa Project
Zupa Project OPPORTUNITY TO DISCOVER A LARGE INTRUSIVE SYSTEM For personal use only IN DISTRICT • Visible mineralisation in outcrop with likely epithermal manifestations • Permit approved – transfer in progress - (100% Raiden) • Palaeozoic sediments bordered by mineralised andesite-limestone contact
Slide 14: Zupa Project
Zupa Project For personal use only • Significant polymetallic skarn mineralization and anomalies in the district – no defined source of fluids so far • Observations of mineralisation on Zupa permit leads to theory of a centrally located / blind source – remains untested to date Cadinje Deposit Zupa
Slide 15: Bor Project
Bor Project 4 PORPHYRY DEPOSITS NEIGHBOUR For personal use only THE APPLICATION • 1 application approved (~5.8km2), 3 pending (~30Km2) • 4 porphyry deposits neighbor the applications • Located within prolific Bor trend and directly adjacent to numerous world class deposits and smelter • Most of the
Slide 16: Rio Tinto Joint Venture
Rio Tinto Joint Venture RIO TINTO ARE TARGETING LARGE For personal use only PORPHYRY SYSTEMS • Joint Venture agreement covers three of Raiden’s exploration licenses (Majdanpek West; Majdanpek Pojas and Donje Nevlje) • Rio Tinto have commenced exploration on licenses and have option to spend up to US
Slide 17: Majdanpek Projects – Rio Joint Venture
Majdanpek Projects – Rio Joint Venture For personal use only Majdanpek Porphyry Cu-Au and epithermal targets Epithermal Majdnpek – 1 Bn ton Au/Ag/W Cu porphyry Leja Prospect • Located within the TMC volcanics with historical Cu anomalies • Adjacent to dormant, high grade Coka Marin deposit Leja • We
Slide 18: Donje Nevlje – Rio Joint Venture
Donje Nevlje – Rio Joint Venture For personal use only • Cretaceous volcanic and intrusive (same suite as the Timok magmatic complex (‘TMC’), state defined as a ‘prospective Cu target’ in the 1960’s, as a result of mapping and magnetic survey • Historic magnetic survey suggests intrusive magmatic co
Slide 19: Exploration Strategy
Exploration Strategy Aggressive exploration program geared towards discovery For personal use only Well capitalised to deliver its 2018 exploration program De-risk cashflow through Joint Ventures with majors on early stage projects Stara Planina Project Q2 2018 - COMPLETED Q3 2018 Q4 2018 H1 2019 Gr
Slide 20: Contact
For personal use only Contact DUSKO LJUBOJEVIC (Managing Director) E. dusko.ljubojevic@raidenresources.com.au M. Serbia: +381 656 027 968 raidenresources.com.au M. Norway: +47 469 757 86
Slide 21: ASX Copper Companies: Competitive Landscape
ASX Copper Companies Competitive Landscape – ASX Copper Companies For personal use only 3.0bn 1.5bn 480m 460m 4000 300 Producer Explorer/developer Contained Cu (Right Hand Axis) 3500 250 3000 200 2500 181 Market Cap (A$m) Contained Cu (Kt) 2000 150 125 1500 100 89 1000 64 56 51 51 50 RDN 500 28 18 1
Slide 22: Why Serbia?
Why Serbia? Globally Significant and Underexplored Region For personal use only • Government committed to increasing role of mining in economy • World class geology – Tier 1 deposits in operation & recent major discoveries • Modern exploration only recently commenced • Favourable regulatory structur
Slide 23: Established Mining Jurisdiction
Established Mining Jurisdiction For personal use only Majors attracted by: • Numerous world-class discoveries • Long and established mining history • Government support and commitment to resource sector Juniors attracted by: • Favourable geology with potential for major deposits • Lack of exploratio