Union Star Metals Ltd · ASX:USM
Union Star Metals — Investor Presentation (September 2021)
32 slides from Union Star Metals's investor presentation, Sep 7, 2021
Slide 1: Tanami to Kalgoorlie, Rare Earths to Gold
TANAMI TO KALGOORLIE, RARE EARTHS TO GOLD PRESENTED BY GEORGE BAUK, EXECUTIVE DIRECTOR SEPTEMBER 2021
Slide 2: Disclaimer
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 DISCLAIMER PVW Resources ACN 124 541 466 Competent Person’s Statement This document is neither a prospectus nor an offer to subscribe for The information in this document relating to gold exploration activities is Shares. based on information compile
Slide 3: Value Proposition
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 VALUE PROPOSITION PVW has strategically secured gold assets in Tanami is a re-emerging gold district with a world class gold producing regions new focus on discovering a substantial gold deposit Rare Earths is a key part of the EV evolution and
Slide 4: Corporate Overview
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 CORPORATE OVERVIEW ASX:PVW Current shares on issue 71,085,818 Share Price 18 cents Market Capitalisation $12.8m Cash at Bank (30 June 2021) $5m Top shareholders Board 7.41% Jason Petersen 6.85% Lind Partners 5.46% JHY Investments 3.57% Top 100 71.65%
Slide 5: Board and Management
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 BOARD AND MANAGEMENT DAVID WHEELER GEORGE BAUK COLIN MCCAVANA NON-EXECUTIVE CHAIRMAN EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR • David has more than 30 years of Senior Executive Management, Directorships, and • An experienced executive/director with
Slide 6: Tanami
PVW RESOURCES COMPANY COMPANY PRESENTATION PRESENTATION SEPTEMBER SEPTEMBER 2021 2021 TANAMI Regional exploration for Gold and REE
Slide 7: Tanami – Re-emerging Gold Province
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 TANAMI – RE-EMERGING GOLD PROVINCE Callie gold deposit, Newmont (Reserve 33.2Mt @ 5.3g/t Au) • An example of potential within the Tanami. • One of the most productive gold mines in Australia. Discoveries pending • Modern explorers are active within t
Slide 8: Tanami – Exploration Potential
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 TANAMI – EXPLORATION POTENTIAL Enormous potential and targets – Gold and REE Potential for a Tier 1 multi-million ounce gold discovery. Detailed airborne survey is complete. Heritage agreement is in place with the traditional owners. Heritage surv
Slide 9: Tanami – Poised for Discovery
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 TANAMI – POISED FOR DISCOVERY 100% PVW owned • 12 of 17 tenements granted (4 new applications) • Historic (2010-2012) drill intercepts: – 12m @ 2.94g/t Au from surface – 12m @ 1.50g/t Au from 44m – 16m @ 2.48g/t Au from 60m – 5m @ 6.99g/t Au from sur
Slide 10: Tanami – Strong Drilling Results Ready for Follow Up
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 TANAMI – STRONG DRILLING RESULTS READY FOR FOLLOW UP Watts Rise Reverse Circulation drilling results – Shallow results, range from surface to 60m vertical – High grade, numerous holes significant widths with +2g/t Au – Open, along strike and down dip
Slide 11: Tanami – Rare Earths Results – Drill Targets Grow
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 TANAMI – RARE EARTHS RESULTS – DRILL TARGETS GROW Boots on the ground are paying off • Field observations include rare earth mineralisation over a 2.2km strike length with elevated portable X-ray fluorescence (XRF) measurements of Yttrium at the Kill
Slide 12: Tanami – Rare Earths Results Drive Exploration Program
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 TANAMI – RARE EARTHS RESULTS DRIVE EXPLORATION PROGRAM Subsurface Targets • Review of historical data (2010 – 2012) significant REE drill results including: – 5m @ 3,630ppm TREO from 0m (Killi Killi East) – 3m @ 3,140ppm TREO from 1m (Killi Killi Eas
Slide 13: Tanami – REE
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 TANAMI – REE Rare Earths are critical to many countries globally • PVW has a team of REE experts who have been involved in the discovery of the Browns Range deposits and the transition from greenfields to production: – The exploration team has been b
Slide 14: Tanami – REE
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 TANAMI – REE The REE program is nearing completion, comprising geological mapping, geochemical soil sampling, portable XRF surveying and ground radiometrics (ongoing) to assess the REE and gold potential of the area. Results from the program will hel
Slide 15: 2021 Work Plan – Tanami
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 2021 WORK PLAN – TANAMI September October November December XRF/ Work Watts Rise ground AC Drilling program rad Tanami XRF/ Work Watts Trend ground AC Drilling program rad Mag Mag Other regional Work survey – Interp – targets program complete target
Slide 16: Kalgoorlie
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 KALGOORLIE NEW GROUND, TARGETS AND CONCEPTS
Slide 17: Kalgoorlie – World Class Gold Province
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 KALGOORLIE – WORLD CLASS GOLD PROVINCE PVW Resources Strategic land position of 150km2, located to rapidly commercialise exploration success with existing processing plants within an economic haulage distance. PVW has increased tenure over the King o
Slide 18: Kalgoorlie – Projects Advancing
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 KALGOORLIE – PROJECTS ADVANCING Black Flag Prospect Aircore confirms bedrock Au anomaly – 21BFAC043, 3m @ 1.84g/t Au, from 45m – 21BFAC031, 4m @ 1.04g/t Au, from 40m – 21BFAC027, 4m @ 1.20g/t Au, from 60m – 21BFAC051, 7m @ 0.88g/t Au, from 43m includ
Slide 19: Kalgoorlie – Project Targets
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 KALGOORLIE – PROJECT TARGETS Concepts advancing into drill targets • Recent auger results are positive increasing the priority of the project. • Large +40ppb Au anomalies including the southern most line with 1.2km of consecutive +50ppb results. • An
Slide 20: Gordon Sirdar – Pappy Prospect Exploration
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 GORDON SIRDAR – PAPPY PROSPECT EXPLORATION Pappy Prospect • 3.5km strike of anomalous results returned from auger on the northwest trend. • 246ppb Au peak over intersection of two magnetic units and mapped porphyry intrusives, numerous +80ppb Au samp
Slide 21: 2021 Work Plan – Kalgoorlie
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 2021 WORK PLAN – KALGOORLIE September October November December Heritage Black Flag AC Drilling RC Follow up Survey Kalgoorlie AC Heritage King of the West RC Follow up Drilling Survey Gordon AC Heritage RC Follow up Sirdar Drilling Survey Previously
Slide 22: Leonora
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 LEONORA OPPORTUNITIES TO GROW AND DISCOVER
Slide 23: Leonora – Significant Upside
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 LEONORA – SIGNIFICANT UPSIDE Jungle Well – continuous tenure over ~15km strike • Brilliant Well Project – Regional Aircore and targeted RC. Results pending. • Brilliant Well Project, significant upside along underexplored greenstone belt. Leonora – s
Slide 24: Brilliant Well Targets
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 BRILLIANT WELL TARGETS Brilliant Well – untested tenure over 4km north of Au anomaly Historical drill results: • 12m @ 3.86g/t Au from 84m • 4m @ 1.18g/t Au from 64m • 4m @ 2.14g/t Au from 16m Leonora – significant upsideresults: PVW 2019 Aircore • 4
Slide 25: Jungle Well – Resource Drilling
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 JUNGLE WELL – RESOURCE DRILLING Jungle Well Resource – continual improvement • November 2019 Inferred MRE – 26,800oz Au @ 1.1g/t • 2021 RC drilling 33 holes 2,890m – Open along strike. – Open plunge to the north confirmed. – Shallow oxide mineralisat
Slide 26: Heap Leach Investigation
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 HEAP LEACH INVESTIGATION Heap Leach project investigation Low Grade Stockpile ~ 7,000t sampled and quantified with 300oz @ 1.3g/t included in November 2019 Mineral Resource Estimate. Trenching of stockpile, provided +400 samples from 3 trench’s and 3
Slide 27: Jungle Well North – Exploration
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 JUNGLE WELL NORTH – EXPLORATION Jungle Well North – open for interpretation Southern Geoscience Consulting (SGC) have completed the ground MLEM survey north of Jungle Well. Data processing underway. • Target extension of historical conductors that ar
Slide 28: 2021 Work Plan – Leonora
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 2021 WORK PLAN – LEONORA September October November December Jungle Well Met test/pit MRE models Resource opt Leonora Jungle Well AC Regional Results AC Brilliant Well AC Results RC Drilling Results Previously released ASX material references that re
Slide 29: Ballinue – Ni-Cu-PGE Project
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 BALLINUE – NI-CU-PGE PROJECT PVW has made three exploration licence applications in the highly prospective West Yilgarn Ni-Cu-PGE Province. • This area was target following continued success by numerous explorers such as Chalice Mining, Pursuit Miner
Slide 30: 2021 Activities
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 2021 ACTIVITIES Leonora Region Kalgoorlie Region • Jungle Well – Au • Black Flag – Au – Drilling results – Drill results – Mineral Resource upgrade – Follow up drilling scheduled – Heap Leach investigation • King of the West – Au – MLEM Ground Geophy
Slide 31: Positioned for Success
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 POSITIONED FOR SUCCESS The Company has outstanding strategic land positions in Cash reserves of $5M to explore the four project areas. three world class gold-producing provinces. Gold is an attractive commodity with a short path to Tanami project
Slide 32: Thank You
PVW RESOURCES COMPANY PRESENTATION SEPTEMBER 2021 THANK YOU Contacts PVW Resources Limited Level 3, 1138 Hay Street West Perth WA, 6005 George Bauk T: +61 (0)408 931 746 E: george@totode.com.au Karl Weber T: +61 (0)448 845 507 E: karl.weber@pvwresources.com.au pvwresources.com.au
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