Empire Resources Limited · ASX:ERL
Empire Resources — Investor Presentation (April 2010)
26 slides from Empire Resources's investor presentation, Apr 19, 2010
Slide 1: For personal use only
For personal use only
Slide 2: Disclaimer
Disclaimer For personal use only This presentation is for information purposes only. It is neither an offer nor an invitation that any securities issue will take place. Any such offer or invitation will only be made (if at all) by a disclosure document under the Corporations Law or by another docume
Slide 3: Highlights
Highlights For personal use only Core focus - copper and gold in WA Portfolio comprising 4 advanced, high quality assets Successful track record since ASX listing g in 2007 • 3 discoveries • 2 resources d defined fi d • Active project generation pipeline
Slide 4: About Empire
About Empire p For personal use only Capital p Structure • Shares on issue 88.97 million • Unlisted options p on issue 5.70 million • Market capitalisation (A$) circa $7.2 million • ASX Code: ERL Issue price Directors • Tom Revy Chairman (Non-executive) • David Sargeant Managing Director • Adria
Slide 5: Current activities
Current activities For personal use only Resource drilling at Yuinmery copper-gold project Exploration drilling north of Penny’s Find gold deposit Divestment of Yarlarweelor uranium project to FYI Resources (ASX:FYI) • ERL will hold 30% of FYI and control Board
Slide 6: Yuinmery project
For personal use only Yuinmery project
Slide 7: Yuinmery Project
For personal use only Yuinmery Project
Slide 8: Just Desserts prospect long section
Yuinmery Project For personal use only Just Desserts prospect long section
Slide 9: Just Desserts significant results
Yuinmery y Project j For personal use only Just Desserts significant results Just Desserts prospect RC drilling results on line 10000N Hole YRC08-01 • 23m at 2.68% Cu, 1.28g/t Au from 80m including 2m at 4.37% Cu, 1.88g/t Au from 80m, including 6m at 7.42% Cu, 3.01g/t Au from 85m H l YRC08-02 Hole Y
Slide 10: Just Desserts resource
Yuinmery Project For personal use only Just Desserts resource
Slide 11: Comparative study
Yuinmery Project For personal use only Comparative study
Slide 12: No environmental or heritage issues
Yuinmery Project For personal use only No environmental or heritage issues
Slide 13: Troy Creek
Troy Creek Project For personal use only Early stage exploration project prospective for copper, gold and platinum 20km long zone of targets 591 km2 tenement area Initial reconnaissance drilling returned following encouraging intercepts • 2m at 4 4.65% 65% copper from 91m • 3m at 1.97% coppe
Slide 14: Copper associated with semi-massive sulphides
Troy Creek Project For personal use only Copper associated with semi-massive sulphides
Slide 15: Troy Creek exploration targets
Troy Creek Project For personal use only Exploration targets
Slide 16: Penny's Find
Penny’s Penny s Find Project For personal use only JORC resource of 314,000 tonnes at 5.18g/t Au Oxide and fresh mineralisation is free milling Close to existing processing infrastructure Drilling D illi underway d to t test t t other th exploration l ti targets t t
Slide 17: Penny's Find cross section 9500N
Penny’s Penny s Find Project For personal use only Cross section 9500N
Slide 18: Penny's Find long section
Penny’s Penny s Find Project For personal use only Long section
Slide 19: Penny's Find numerous exploration targets
Penny’s Penny s Find Project For personal use only Numerous exploration targets
Slide 20: New Projects
New Projects For personal use only Wynne Exploration licence application in Gascoyne region of WA Significant strike length (~ 4km) of untested gossans Initial rock chip sampling has confirmed anomalous levels of base metal mineralisation ((Cu,, Pb,, Zn)) Drill testing planned on grant of te
Slide 21: Investments
Investments For personal use only FYI Resources Limited Empire will hold 30% of issued capital Principal asset - Yarlarweelor uranium project Significant drill intersections include; • 2 metres at 730ppm U3O8 in hole KVP2 • 21 metres at 404ppm U3O8 in hole KRP13, including 8 metres at 708ppm U
Slide 22: Yarlarweelor Project
For personal use only Yarlarweelor Project
Slide 23: Yarlarweelor Project
For personal use only Yarlarweelor Project
Slide 24: Yarlarweelor Project
For personal use only Yarlarweelor Project
Slide 25: Contact details
For personal use only Contact details: David Sargeant 53 Canning g Highway g y Victoria Park WA 6100 08-9361-3100 0438-690-699 Contact us at info@resourcesempire.com.au or our web site: resourcesempire.com.au.
Slide 26: Notes on the Penny's Find Resource
Notes on the Penny’s Find Resource An updated resource estimate for the Penny’s Find gold mineralisation was completed and announced to the market on 8 August 2007 and 12 October 2007. There has been no change to the resource since that time. The mineral resource by category is 314,000 tonnes averag
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