Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — RIU Resources Round-Up May 2022
29 slides from Stavely Minerals's conference presentation, May 5, 2022
Slide 1: Finding the copper the world needs for a low-carbon future
For personal use only Finding the copper the world needs for a low-carbon future The Stavely Copper-Gold Project Dawn of a new world-class copper-gold province in Western Victoria RIU Resources Round-Up - May 2022 1
Slide 2: Disclaimer
Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities For personal use only ● and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects,
Slide 3: A Modern Australian Copper-Gold Growth Company
A Modern Australian Copper-Gold Growth Company ● First-mover position – largest and most strategic tenement holding For personal use only in the Stavely Volcanic Belt, western Victoria ● A committed explorer – focused on making transformational mineral discoveries since $6m IPO in 2014 ● Discovery–
Slide 4: Corporate Summary
Corporate Summary CAPITAL STRUCTURE 12-month Share Price to 4 May 2022 For personal use only ASX Ticker SVY $0.80 2,000,000 Share Price (04/05/22) $0.38 $0.70 Close Volume 1,800,000 1,600,000 Shares on Issue 261M $0.60 1,400,000 Cash (31/03/22) $4.75M $0.50 1,200,000 $0.40 1,000,000 Market Capitalis
Slide 5: First-Mover Position in Victoria's Stavely Arc
First-Mover Position in Victoria’s Stavely Arc Two cornerstone assets – 100%-owned Stavely and For personal use only ● Ararat Projects ● 1,461km2 ground position in Australia’s new exploration hot-spot of western Victoria (Kirkland Lake – Fosterville) ● Majority of exploration since 2014 focused on
Slide 6: Stavely Copper-Gold Project – Thursday's Gossan
Stavely Copper-Gold Project – Thursday’s Gossan ● Thursday’s Gossan includes an extensive chalcocite- enriched blanket occurring 30m to 80m below surface For personal use only ● Inferred Mineral Resource of 28Mt at 0.4% copper for 1 110kt of contained copper in a chalcocite-enriched blanket ● Huge e
Slide 7: Thursday's Gossan – The Story So Far
Thursday’s Gossan – The Story So Far 49 diamond drill-holes completed to depths of up For personal use only ● to 1.8km targeting the elusive “core” of the porphyry system ● Strong indications of proximity to a buried porphyry with significant encouragement from assays, petrology and geochemistry ● S
Slide 8: Discovery Breakthrough – Hole SMD050
Discovery Breakthrough – Hole SMD050 SMD050 For personal use only ● 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth, including: ● 12m at 14.3% copper, 2.26g/t gold and 145g/t silver from 82m, including: ● 2m at 40% copper, 3.00g/t gold and 517g/t silver ● Surprisingly, SMD05
Slide 9: Cayley Lode Discovery – Shallow, High-Grade Mineralisation
Cayley Lode Discovery – Shallow, High-Grade Mineralisation Magma / Butte copper lode-style system – For personal use only ● outstanding exploration target never before seen in Australia ● Mineralisation so far defined over ~1.5 km strike length to ~400m depth, averaging 10-50m thickness ● Resource d
Slide 10: Cayley Lode Discovery – Shallow, High-Grade Mineralisation
Cayley Lode Discovery – Shallow, High-Grade Mineralisation Magma / Butte copper lode-style system – For personal use only ● outstanding exploration target never before seen in Australia ● Mineralisation so far defined over ~1.5 km strike length to ~300m depth, averaging 10-50m thickness ● Resource d
Slide 11: Cayley Lode Discovery – Amenable to Open Pit and UG
Cayley Lode Discovery – Amenable to Open Pit and UG For personal use only SMD087 ● 87m @ 1.74% Cu, 0.57g/t Au and 20g/t Ag, incl. ● 24m @ 4.19% Cu, 1.27g/t Au and 53g/t Ag, and ● 9m @ 4.09% Cu, 1.83g/t Au and 39g/t Ag Typical of most Cayley Lode intercepts: – a large intercept amenable to open pit b
Slide 12: Cayley Lode Discovery – Big Intercepts
Cayley Lode Discovery – Big Intercepts SMD104 For personal use only ● 144m at 1.04% copper, 0.15g/t gold and 3.4g/t silver, from 35m drill depth, including: ● 84m at 1.55% copper, 0.23g/t gold and 5g/t silver from 95m, including: ● 28m at 3.31% copper, 0.49g/t gold and 7.1g/t silver See ASX announce
Slide 13: Cayley Lode Discovery – Structurally Controlled
Cayley Lode Discovery – Structurally Controlled SMD173 For personal use only ● 43m at 2.60% copper, 0.42g/t gold and 10g/t silver, from 378m drill depth, including: ● 3m at 10.38% copper, 3.0g/t gold and 71g/t silver from 396m, including: ● 1m at 19.65% copper, 8.29g/t gold and 202g/t silver from 39
Slide 14: Cayley Lode Discovery – Structurally Controlled
Cayley Lode Discovery – Structurally Controlled SMD182 For personal use only ● 10.4m at 4.34% copper, 3.17g/t gold and 11g/t silver, from 421m drill depth, including: ● 4.9m at 6.74% copper, 6.45g/t gold and 19g/t silver from 426m, including: ● 0.9m at 7.17% copper, 30.6g/t gold and 52g/t silver fro
Slide 15: Cayley Lode Discovery – Resource Drilling Long Section
Cayley Lode Discovery – Resource Drilling Long Section For personal use only 15
Slide 16: Vertically Extensive – With Multiple Discovery Opportunities
Vertically Extensive – With Multiple Discovery Opportunities For personal use only SMD050: 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth on the UCF SMD173: 43m at 2.60% copper, 0.42g/t gold and 10g/t silver, from 378m drill depth on the UCF underneath the LAS SMD032: 6m at
Slide 17: Current Programs – Systematic Exploration Approach
Current Programs – Systematic Exploration Approach Completed - shallow Resource drill-out on Ultramafic For personal use only 1. Contact Fault (Cayley Lode) 2. Continue to define mineralisation on the Ultramafic Contact Fault below the Low Angle Structure 3. Bring mineralisation in the Copper Lode S
Slide 18: Current Programs – How do we see this as a possible development?
Current Programs – How do we see this as a possible development? 1. A Phase-1 open pit based on high-grade structurally- For personal use only controlled mineralisation drives an open pit that also captures a significant proportion of the 28Mt at 0.4% copper secondary chalcocite-enriched blanket 2.
Slide 19: Carrolls Copper Deposit (the VMS formerly known as Mt Ararat)
Carrolls Copper Deposit (the VMS formerly known as Mt Ararat) • Mineral Resource estimate of For personal use only 800m 1.3Mt at 2.0% copper, 0.5g/t gold, 5.7g/t Ag and 0.4%zinc1 • 800m of strike and drilled to 250m depth • Lots of potential further at depth 250m • Yet to see the ‘sulphide mound’ of
Slide 20: The Plan
The Plan ● Completed - Mineral Resource drill-out of shallow mineralisation of the Cayley Lode For personal use only ● Complete initial Mineral Resource estimate then the Scoping Study on Phase 1 Development ● Re-deploy drills to define the Cayley Lode at depth – this will lay the foundation for a P
Slide 21: Regional Exploration
For personal use only REGIONAL EXPLORATION 21
Slide 22: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Despite previous exploration by industry ‘top dogs’ Newcrest, For personal use only Rio Tinto, CRA Exploration and North Limited, Stavely Minerals has a ‘first mover’ advantage ● Almost 1,500km2 of tenure covering ~115km of porphyry- prospec
Slide 23: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● The team has identified 19 regional targets and have active For personal use only aircore and soil auger programmes ● Emerging discovery at Toora West ● ‘Blind’ discovery under 30m of younger transported cover ● 4 diamond drill holes complet
Slide 24: Regional Exploration – Toora West Discovery
Regional Exploration – Toora West Discovery For personal use only Massive quartz vein with chalcopyrite and molybdenite, STWD005 at 287m – 0.6m @ 8.72g/t Au, 1.85% Cu, 5.2g/t Ag & 151ppm Mo Quartz-chalcopyrite-pyrite veins in basaltic andesite. Magnetite (not seen) also occurs in these veins, STWD00
Slide 25: Forward Programme
Forward Programme For personal use only Activity Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Toora West Diamond Drilling Regional Exploration Mineral Resource Drilling Receipt of Resource Drilling Assays Mineral Resource Estimate Scoping Study 25
Slide 26: Copper…the Ultimate "Future-Facing" Commodity
Copper…the Ultimate “Future-Facing” Commodity For personal use only In order to migrate to a low-carbon economy and provide alternative energy solutions, certain strategic minerals are required to build the wind 3.6 tonnes of copper for every MW of wind farms, solar farms, electric vehicles 4 x more
Slide 27: Copper…Compelling Market Fundamentals
Copper…Compelling Market Fundamentals For personal use only There are very few high-quality projects coming on stream in first world jurisdictions Escondida, the world’s largest copper mine: • 1.72% Cu average head grade in 2007 • 0.52% Ore Reserve grade in 2019 CRU estimates a 15 million tonne copp
Slide 28: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways ✓ First-mover position (1,461km2) in a potential emerging copper province For personal use only ✓ Discovery of structurally-controlled high-grade lode-style copper-gold-silver mineralisation similar to the Magma (Arizona) and Butte (Montana) deposits ✓ Intercepts a
Slide 29: Contact Us
For personal use only Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it i