Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Hemisphere Resources — Investor Presentation (March 2011)
30 slides from Nexus Minerals's investor presentation, March 2011
Slide 1: Hemisphere Resources Limited Investor Presentation March 2011
Hemisphere Resources Limited Investor Presentation March 2011 www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement ● The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or
Slide 3: Corporate
Corporate Mr Paul Boyatzis Shares 70 million Chairman Over 25 years experience in the investment and Options Nil equity markets. Founding Chairman of Hemisphere Market Cap ~$26.25 Mr Danny Costick (8 March 2011) Managing Director Treasury $11.3 million Mining engineer with over 25 years operational
Slide 4: Projects
Projects Yandicoogina South (iron) 6km south of Yandicoogina Mine Gardner Range (uranium and REE) Hancock Range WESTERN (iron) AUSTRALIA 16km NE of Sandstone BHPB Mining Area C (uranium and base metals) Lakeside (iron and base metals) 60km NW of Mt Magnet www.hemisphereresources.com.au MARCH 2011 AS
Slide 5: Pilbara Iron Projects
Pilbara Iron Projects • Located in the heart of the Pilbara Iron Province • World class Rio Tinto, BHP, Hancock and FMG mines surround projects • Maiden Indicated Resource at Yandicoogina South • 4.3Mt @55.8% Fe; including • 1.9Mt @ 58.0% Fe, 5.8% SiO2, 2.8% Al2O3, 0.08% P, and 8.1% LOI • High grade
Slide 6: Surrounded by Major Iron Ore Mines
Surrounded by Major Iron Ore Mines www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 7: Location Relative to Major Operations
Location Relative to Major Operations • World class iron ore mines • Several third party rail lines nearby • Direct shipping ore targeted Google Earth Image www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 8: Yandicoogina South Iron Project
Yandicoogina South Iron Project • Borders Australia’s largest iron ore mine (Rio Tinto) • Metallurgical sighter testwork shows ‘world-class’ DSO capacity with low impurities • Maiden Resource Published • Native Title Agreement reached • Site Access Agreement reached • Mining Lease Application lodged
Slide 9: Metallurgical Test Work
Metallurgical Test Work Diamond Core analysis demonstrates favourable metallurgical characteristics, including: • DSO quality with low impurities • Part of the resource meets criteria to be high grade CID without beneficiation • Crushing Work Index supports Low cost sizing potential • Upgrading char
Slide 10: CID Thickness Contours
CID Thickness Contours Open Open . High Grade Intersections including: •16m @ 58% Fe from surface •10m @ 60% Fe from 7m www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 11: Selected CID Drill Intersections (55% C/O)
Selected CID Drill Intersections (55% C/O) Drill Hole Easting Northing Colllar RL Hole From To Interval Fe SiO2 Al2O3 (%) P (%) LOI GDA94 GDA94 length (m) (m) (m) % (%) (950)% YSRC001 726296 7475447 531.09 29 1 17 16 58.2 5.1 3.0 0.06 7.7 YSRC003 726499 7475500 530.94 38 7 15 8 56.3 7.1 3.2 0.06 8.3
Slide 12: Hancock Range Iron Project
Hancock Range Iron Project • 15km north west of Initial drilling area BHPB MAC and 5km June 2011 drilling area north of Hope Downs • Native Title Agreement reached • Tenement granted • Maiden drilling completed • Further drilling to be conducted after heritage surveys completed www.hemisphereresourc
Slide 13: Hancock Range Geology
Hancock Range Geology • Brockman Iron Formation Confirmed Initial drilling area (typically 350m thick) • Dolerite Dyke interpreted as similar to Hope Downs • Joffre Member identified www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 14: Enriched Joffre
Enriched Joffre • Surface enrichment on structure • BIF denatured and ferruginised • Target is microplaty Hematite • Potential for economic magnetite also a possibility www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 15: Initial Drill Results Encouraging
Initial Drill Results Encouraging • 893 metres of HQ core completed in 4 drill holes • Assays returned for spot core samples • Joffre and Dales Gorge Members assayed, 77 x 120mm long core samples collected at 10 metre intervals and assayed for iron • Results encouraging for magnetite mineralisation
Slide 16: Assays for 120mm long Core Samples at 10m Intervals
Assays for 120mm long Core Samples at 10m Intervals Stratigraphic LOI 950 Hole ID Lat Long Rock Unit Depth From Thickness Fe % SiO2 % Al2O3 % P% % HRDD001 22.860 119.124 Joffre J6 to J4 50 m 190 metres 31.0 47.15 0.65 0.097 2.5 HRDD001 22.860 119.124 Joffre J2 to J1 300 m 60 metres 28.7 44.54 1.15 0
Slide 17: Lakeside Project
Lakeside Project • Iron outcropping with grades up to 59.8% Fe • DSO Iron targets, Base metals potential and coarse grained magnetite • Strong magnetic signature • 40 km east of proposed Oakajee railway www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 18: Strong Exploration Potential
Strong Exploration Potential Geology Magnetics www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 19: High Grade Iron
High Grade Iron Western side of range has the highest grades to date LKGS009 • 57.0 % Fe 6.57% SiO2 1.16% Al2O3 0.032% P LKGS003 • 58.0 % Fe 8.69% SiO2 0.4% Al2O3 0.008% P • 59.8 % Fe LKGS001 5.5% SiO2 1.4% Al2O3 0.07% P www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 20: Hemisphere Uranium Projects
Hemisphere Uranium Projects • Uranium Deposit Types Hematite Breccia Deposits (e.g. Olympic Dam) • Unconformity (Vein) Deposits (e.g. Jabiluka, Ranger) • Sandstone (Roll-Front) Deposits (e.g. Beverley, Four Mile) • Surficial (Calcrete-Carnotite) Deposits (e.g. Yeelirrie, Lake Maitland, Centipede)
Slide 21: Sandstone Project
Sandstone Project Prospective for Calcrete (Carnotite) Type Uranium Deposits Yeelirrie • Favourable geology • Well defined catchments Hemisphere Lake Noondie confirmed tenements • Radiometrics support uranium • Uranium anomalies demonstrated www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 22: Lake Noondie – Tenements over Radiometrics
Lake Noondie –Tenements over Radiometrics www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 23: MMI Results
MMI Results Each red dot=4ha 6860000 Over 400ha with soil MMI 6859000 U>750ppb 4 to 73 73 to 146 6858000 146 to 325 325 to 783 783 to 8211 6857000 MMI U(ppb) 6856000 Hemisphere Resources E57/781 . 6855000 6854000 755000 756000 757000 758000 759000 760000 www.hemisphereresources.com.au MARCH 2011 ASX
Slide 24: Carnotite Potential
Carnotite Potential 6860000 40000 6859000 30000 20000 6858000 10000 6857000 0 6856000 MMI KUV . 6855000 Hemisphere Resources E57/781 6854000 755000 756000 757000 758000 759000 760000 www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 25: Lake Maitland Area
Lake Maitland Area Lake Maitland Deposit (Mega Uranium) Prospective for Calcrete (Carnotite) Type Uranium Deposits • Lake Maitland Project ELA 37/1065 • Within 10km of Mega 100% Hemisphere Uranium Lake Maitland • Favourable geology Lake Maitland • Well defined catchments confirmed ELA 37/1065 100% H
Slide 26: Radiometric Image
Radiometric Image ELA37/1065 Lake Maitland Deposit www.hemisphereresources.com.au MARCH 2011 ASX:HEM
Slide 27: Gardner Range Area
Gardner Range Area Prospective for Unconformity Type Uranium Deposits Don Uranium Project (Manhattan, Northern Uranium and Areva) up to 1.5% U + Au + REE E80/4300 100% Hemisphere Rock Chips to 260ppm U ELA 80/4403 100% Hemisphere Coyote Gold Mine ELA 80/4402 100% Hemisphere E80/4299 100% Hemisphere
Slide 28: Summary
Summary • Strong project portfolio and current focus on advancing commercialisation of Pilbara iron-ore assets • Rapid advancement of Yandicoogina South Project in approximately 12 months: • Maiden Resource • Met tests confirm world-class DSO capacity • Native title agreement secured • Mining lease
Slide 29: Closing Remarks
Closing Remarks • Achievements to date • Secured excellent lease portfolio • Successful gold exploration • Successful iron exploration • Maiden Iron Resource established • Mining Studies commenced • Plan for Year Ahead • Mining studies Yandicoogina South Iron project • Further drilling Yandicoogina
Slide 30: Hemisphere Resources Limited
Hemisphere Resources Limited 24 Colin St PO Box 2803 P: +61 8 94811749 West Perth 6005 West Perth 6872 F: +61 8 94811756 www.hemisphereresources.com.au MARCH 2011 ASX:HEM
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