Turnstone Resources Ltd · ASX:TSR
Turnstone Resources — Davenport Resources — Investor Presentation (June 2017)
16 slides from Turnstone Resources's investor presentation, June 2017
Slide 1: Advanced Potash Exploration in Germany's World-Class Potash Producing Region
ADVANCED POTASH EXPLORATION IN GERMANY’S WORLD-CLASS POTASH PRODUCING REGION JUNE 2017
Slide 2: Disclaimer
DISCLAIMER Davenport Resources Limited (“Davenport”, “DAV”, “The Company”) has amended at any time by the Company, and is not intended to, and does PAGE 2 issued this Presentation is for informational purposes only. It is not not, constitute representations and warranties of the Company, or its inte
Slide 3: Davenport Resources
DAVENPORT RESOURCES PAGE 3 ASX-listed Davenport Through wholly-owned Davenport owns the The directors and Resources (DAV) is subsidiary East Southern Cross Bore management of Davenport focused on evaluating Exploration GmbH, (SXB) project, near Alice have experience in potash and developing potash i
Slide 4: Company Structure
COMPANY STRUCTURE PAGE 4 Davenport – PAGE 4 Board of Directors 74mill Issued Shares Pat McManus, Chris Bain, Mkt Cap $7.4 mill Rory Luff, Chris Gilchrist Cash $4.4mill @ 31 May 2017 100% 100% NT Tenements Southern Cross Bore Project 100% South Harz Project Project Management Exploration Licences - K
Slide 5: Board & Management
BOARD & MANAGEMENT Pat McManus, Chris Bain, Rory Luff, Georg Hochwimmer, PAGE 5 Chairman Managing Director Non-Exec Director Managing Director, EE GmbH 30 years of mining A geologist with more than MD of wholly owned East Founder of BW Equities experience, Managing 35 years of experience in Explorat
Slide 6: Germany - the cradle of the potash industry
Germany - the cradle of the potash industry PAGE 6 ➢ Potash mining commenced in Germany in the 1850s. ➢ Extensive expertise in all aspects of potash exploration, mining and processing. ➢ Established infrastructure to service regional and global markets. Davenport has a strong relationship with ERCOS
Slide 7: South Harz Project
SOUTH HARZ PROJECT THE SOUTH HARZ POTASH PROJECT COMPRISES TWO EXPLORATION LICENCES, PAGE 7 KÜLLSTEDT AND GRÄFENTONNA, COVERING 457KM2.
Slide 8: Work Completed
WORK COMPLETED PAGE 8 Geology and historic drill hole data evaluation allowed Exploration Target estimation: ➢ Küllstedt - estimated 4.055 - 5.141 billion metric tonnes grading 7.2% - 25% K2O. (Davenport Resources Limited Replacement Prospectus 24 October 2016, p30) ➢ Gräfentonna - estimated 2.678 -
Slide 9: Küllstedt
KÜLLSTEDT PAGE 9 Extensive historical exploration drilling on Küllstedt and adjacent ground can be verified by strategically drilling a few confirmatory holes. Davenport anticipates that verification of historic information will enable an upgrade of the Exploration Target to a Mineral Resource estim
Slide 10: Küllstedt - Next Step
KÜLLSTEDT - NEXT STEP PAGE 10 The depth to the top of the potash seam increases from north to south, from 510m to 980m below the topographic surface. Cross-section through the Küllstedt Licence Davenport is working closely Drilling companies have The selected driller will prepare an operating plan w
Slide 11: Potash Market
POTASH MARKET Population v Arable land POTASH - ESSENTIAL FOR LIFE PAGE 11 ✓ Potash is an essential fertilizer for plant growth. It improves water retention, strengthens roots and stems and assists nutrient transfer. ✓ World population is growing at 80 million a year and is headed to 9.3 billion by
Slide 12: Australia - Southern Cross Bore
AUSTRALIA PAGE 12 Southern Cross Bore Located near Alice Springs in Australia’s Northern Territory, the Southern Cross Bore licences cover 600km2 in the highly prospective Arunta Block. Targets prospective for Iron Oxide, Copper and Gold (IOCG) mineralisation include the Johnnies Reward Prospect. Dr
Slide 13: Planned Exploration
PLANNED EXPLORATION PAGE 13 Johnnies Reward aeromag survey: Left - 400m line spacing, Right - 150m line spacing Southern Cross Bore A close-spaced magnetic survey over Johnnie’s Davenport is planning a large aero magnetic survey Reward shows a magnetic ridge extending north, over the largely unexplo
Slide 14: Our Potential
OUR POTENTIAL MARKET CAPITALISATIONS IN A$ AS AT 18 June 2017 PAGE 14 Danakali Sirius $277m $2,170m Kore Highfield $138m $325m KPC COMPANY X $20m $7.4m DISCOVERY & RESOURCE PROJECT PRODUCTION EXPLORATION APPRAISAL DEVELOPMENT & EXPANSION DEVELOPMENT PATHWAY
Slide 15: Summary
SUMMARY PAGE 15 Davenport owns A very large Davenport is The Southern A large aero-mag the Küllstedt and Exploration Target progressing toward Cross Bore (SXB) survey of 7,500 Gräfentonna has been estimated approval from project in NT is line-Km about to potash exploration for the potash regional au
Slide 16: Slide 16
Davenport Resources — Investor Presentation (June 2017) on 6ix