Arrow Minerals Limited · ASX:AMD
Arrow Minerals — Investor Presentation (August 2019)
22 slides from Arrow Minerals's investor presentation, Aug 6, 2019
Slide 1: An exciting portfolio of high impact gold exploration assets across West Africa & Western Australia
For personal use only An exciting portfolio of high impact gold exploration assets across West Africa & Western Australia August 2019
Slide 2: Disclaimer
Disclaimer • This presentation has been prepared by Arrow Minerals Limited (Arrow or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presenta
Slide 3: Company Overview
Company Overview For personal use only Market Capitalisation1,2 Cash and Investments3 $8.1M $3.3M Prominent Mining Strategic Alliance Executives with Capital Drilling Experience at Rio Tinto, BHP, WMC, Experienced West African drilling company to Evolution Mining, Saracen manage high impact drilling
Slide 4: Arrow Board and Management
Arrow Board and Management Prominent Mining Executives For personal use only Board and Management Teams with considerable experience at Rio, BHP, WMC, Evolution, Saracen Board of Directors Dr Frazer Tabeart – Chairman Tommy McKeith – Non-Executive Director* 25 years experience in exploration and min
Slide 5: Strategy: High Impact Exploration, Major Discoveries
Strategy: High Impact Exploration, Major Discoveries • Exciting portfolio of gold exploration assets with potential for major discoveries For personal use only • Currently targeting spend 70% Burkina Faso and 30% Western Australia • Gold exploration in two prolific gold provinces – West African Crat
Slide 6: Asset Overview – Burkina Faso
Asset Overview – Burkina Faso For personal use only Page 5
Slide 7: Profile of Burkina Faso
Profile of Burkina Faso • Fourth largest gold producer For personal use only in Africa • Hosts 22% of the prospective Birimian Greenstone Belt • Largest share of West African exploration expenditure - $190m or 29% (2017) • Favourable business environment ▪ 100% foreign ownership in exploration ▪ 90%
Slide 8: Burkina Faso Portfolio
Burkina Faso Portfolio Divole East and West For personal use only • 211km2 of tenements with high grade gold results from 2018 exploration work Boulsa • 499km2 of tenements on the Markoye Fault which hosts the Taparko, Sanbrado, Bombore, Essakane and Kiake gold deposits Hounde South / Nako • 375km2
Slide 9: Divole East
Divole East For personal use only Divole East Detail Area • Regional geophysics suggests a structure within the license area • Soil sampling has identified two key areas of gold anomalism • Diamond drilling and rock chips at Divole • Detailed ground magnetic survey Main have confirmed high-grade gol
Slide 10: Divole East – Ongoing Exploration
Divole East – Ongoing Exploration • 24 hole RC drilling programme completed in July 2019, following up soil and auger For personal use only anomalies, drill intersections and outcropping gold-bearing laminated quartz veins • Results expected in early September 2019 Altered sheared ore zone from Divo
Slide 11: Divole West – Drill-ready Targets
Divole West – Drill-ready Targets For personal use only • Prospective geology with no previous exploration • Targeted using extensive regional datasets • Soil sampling and auger drilling complete • Anomalies defined high priority drill targets • RC drilling planned for Q3 2019 to test 2 km auger ano
Slide 12: Boulsa – Untested Potential
For personal use only Boulsa – Untested Potential • On Markoye Fault (host of Sanbrado and Taparko) • Geological contacts and shear zones favourable for gold deposition • WAF Sanbrado data to be analysed in advance of 2019 field programme • Permits recently granted • Year-round drilling facilitated
Slide 13: Asset Overview – Western Australia
Asset Overview – Western Australia For personal use only Page 12
Slide 14: West Australian Portfolio
West Australian Portfolio Strickland Gold (100%) For personal use only • 1,200km2 of exploration licences across two unexplored greenstone belts, 180km north-west of Kalgoorlie • Multiple camp-scale gold prospects defined Malinda Lithium (100%) • Greenfields lithium/tantalum discovery in the Gascoyn
Slide 15: Strickland Gold Project
Strickland Gold Project • All major greenstone belts in the Yilgarn Craton have For personal use only >8moz of gold endowment with few remaining under-explored greenstone terrains • Strickland tenements were held by iron ore companies since the late-1990’s • No modern gold exploration • Project cove
Slide 16: Strickland: Discovery of Greenfields Gold Camps
Strickland: Discovery of Greenfields Gold Camps • Activity focused in three areas – North, Central and For personal use only South • 19 camp-scale gold targets identified • Project-wide datasets have been collected to enable effective ranking of targets • Geochemistry: ▪ 1km x 1km BLEG sampling over
Slide 17: Significant Activity to Drive Value Re-Rating
Significant Activity to Drive Value Re-Rating • Immediate focus on high ranking / drill-ready targets: Divole East, Divole West, Strickland North & South For personal use only • Mix of geographical locations means exploration will continue year-round • Anticipated exploration expenditure budget of $
Slide 18: Arrow Minerals Limited
For personal use only Arrow Minerals Limited ASX Code: AMD Unit 18, 40 St Quentin Ave Claremont WA 6010 Phone: +61 8 9383 3330 Email: info@arrowminerals.com.au Website: arrowminerals.com.au
Slide 19: Appendix – Capital Structure incl. Boromo Gold
Appendix 1 – Capital Structure incl. Boromo Gold The Acquisition of Boromo Gold is subject to Arrow Minerals’ shareholder approval at a shareholder meeting expected to be held on 15 August 2019 (see ASX Announcement 26 June 2019) For personal use only Arrow Acquisition Coincident Arrow (post (pre of
Slide 20: Appendix – Nako & Hounde South, Burkina Faso
Appendix 2 – Nako & Hounde South, Burkina Faso • On Boromo and Boni Shear zones For personal use only • Nako 90 km north of Centamin’s Batie West deposit • Hounde South 120 km south of Teranga’s Golden Hill deposit • Stream sampling complete – results pending • Follow-up geochem and drill targeting
Slide 21: Appendix – Plumridge Nickel JV, WA
Appendix 3 – Plumridge Nickel JV, WA • Plumridge Nickel JV with Independence Group NL (ASX: IGO), For personal use only covering 8 tenements in the Fraser Range Complex ▪ IGO – A$3.0bn market cap, owns 100% of the Nova Ni-Cu-Co mine and 30% interest in Tropicana gold mine • IGO 90%, AMD 10% - AMD ca
Slide 22: Appendix – Malinda Lithium Project, WA
Appendix 4 – Malinda Lithium Project, WA • Over 1,100km2 of tenements within 10km of the Thirty Three For personal use only Supersuite – dominant tenement position in the Gascoyne lithium region • Stream sediment sampling, rock chipping and soil sampling identified a significant LCT prospect coverin