Slide 1: Emu's Chilean Gold Play
EMU’S CHILEAN GOLD PLAY For personal use only 23 August 2017 EMU NL ABN 50 127 291 927 1
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER For personal use only Forward-Looking Statements This presentation has been prepared by EMU NL. This document contains background information about EMU NL current at the date of this presentation. The presentation is in summary form and does not purport be all inclusive or complete.
Slide 3: The Team
THE TEAM For personal use only • HIGH CALIBRE TEAM OF SEASONED, HANDS ON PROFESSIONALS • PROVEN TRACK RECORD OF DISCOVERY, DEVELOPMENT AND PRODUCTION • CONTINUING TO SEARCH WORLD WIDE FOR NEW OPPORTUNITIES • UNCONVENTIONAL THINKERS Chairman Peter Thomas – legal background; founding director Sandfire
Slide 4: Why Chile
WHY CHILE For personal use only A GEOLOGICAL ENVIRONMENT • HOSTING MAJOR MINERAL DEPOSITS OF GOLD + COPPER • BEING DEVELOPED AND MINED • ATTRACTING MAJOR CORPORATIONS (BARRICK, ANGLO AMERICAN, GOLDCORP, KINROSS) • STILL UNDER EXPLORED (STARTED IN EARNEST IN THE 1990s) • POTENTIAL FOR LARGE, HIGH GRA
Slide 5: Why Gold in Chile
WHY GOLD IN CHILE Northern Chile / Southern Peru – Main gold belts For personal use only 80º 70º 60º # Perú # Arequipa La Paz Miocene # Bolívia Source: Goldfields Paleocene – Oligocene 2017 Vancouver Arica 20º Roundup # El Peñon Antofagasta Guanaco Salares Norte # La Coipa Marte-Lobo Maricunga Caspi
Slide 6: Why Maricunga Belt
Salares Norte Regional – Regional Settings Context & Deposits WHY MARICUNGA BELT For personal use only Maricunga Gold Belt Salares Norte Pedernales Salt • Total endowment + 90 Moz AuEq. Lake • All, except La Coipa, Esperanza and Salares Esperanza Norte are porphyry-style Au (Cu) deposits; large La C
Slide 7: The Model Part - Theory
THE MODEL PART 1 - THEORY For personal use only Mineral Deposits – The Product of Multiple Geological Processes 1 g/t Au disseminated bulk target High grade (>20 g/t Au) vein Concentration Factor 5,000 to 20,000X Concentration Factor 250 to 1000X Vidalita inferred to be near the top of the hydrother
Slide 8: The Model Part: Maricunga Belt Porphyry-Epithermal Model
THE MODEL PART 2 Maricunga Belt: Porphyry-Epithermal Model For personal use only Steam heated alteration Epithermal level • La Coipa • Esperanza • Salares Norte Porphyry level • Cerro Casale • Lobo-Marte Source: Goldfields • Refugio 2017 Vancouver • Caspiche Roundup • Volcan • Cerro Maricunga Modifi
Slide 9: The Model Part - Example: Salares Norte Gold Grade Shell
THE MODEL PART 3 - EXAMPLE For personal use only Salares Norte – Gold Grade Shell NW LONGITUDINAL SECTION LOOKING TO NE SE At 3.3 Moz gold & 48Moz silver, this is a large deposit Note the characteristic Top of mineralisation ~4370 Top of mineralisation ~4310 mineralised zone 1 overlying the deposits
Slide 10: The Project
THE PROJECT For personal use only • Project selected based on alteration pattern shown on ASTER remote sensing [Vidalita less exposed than the areas further west] • Prospecting returned surface rock geochemistry characteristic of high sulphidation epithermal systems (gold, silver, antimony, lead, ar
Slide 11: Maricunga Belt
MARICUNGA BELT For personal use only Vidalita Project location: Google 3D Panorama looking SW 23 August 2017 EMU NL ABN 50 127 291 927 11
Slide 12: Vidalita Rocks
VIDALITA ROCKS For personal use only Unoxidised Polymictic breccia ~114m 17VD2 Oxidised polymictic breccia ~190m 17VD2 Three holes completed – right geology – clay altered monomictic / polymictic breccias /dacite dome 23 August 2017 12 EMU NL ABN 50 127 291 927
Slide 13: Salares Norte Rocks
SALARES NORTE ROCKS For personal use only Salares Norte – Mineralisation examples in HQ drill core Source: Goldfields 2017 Vancouver Roundup The Discovery and Geology of the Salares Norte Epithermal Gold-Silver Deposit, Northern Chile | January 2017 18 23 August 2017 EMU NL ABN 50 127 291 927 13
Slide 14: Flat Lying Alteration Cap?
FLAT LYING ALTERATION CAP? For personal use only Flat lying resistivity target spatially coincident with the gold and silver geochemistry not tested by drilling – HSE system obscured by alteration cap? 23 August 2017 EMU NL ABN 50 127 291 927 14
Slide 15: Surface Geochemistry
SURFACE GEOCHEMISTRY For personal use only Composite rock, soil geochemistry and drilling to April 2017. The surface geochemical target measures 4 x 2km with its outer boundaries poorly defined by lack of data. 23 August 2017 EMU NL ABN 50 127 291 927 15
Slide 16: The Results - the Right Place
THE RESULTS – the right place For personal use only • ALTERATION OF THE RIGHT TYPE – ARGILLIC (CLAY) • AGE OF THE ALTERATION IN THE WINDOW – 21 MY +/- FOR THE MARICUNGA BELT • GEOCHEMISTRY INDICATIVE OF THE RIGHT STYLE OF MINERALISATION • ROCKS PROVIDE DIRECT EVIDENCE OF EPITHERMAL MINERALISATION •
Slide 17: Program for November
PROGRAM FOR NOVEMBER 17 For personal use only Soil sampling program – infill existing lines to better define drill targets and extend lines into areas where there are rock sample results 23 August 2017 EMU NL ABN 50 127 291 927 17
Slide 18: Program for December
PROGRAM FOR DECEMBER 17 >> For personal use only Proposed drill holes for next field season using air core rig 23 August 2017 EMU NL ABN 50 127 291 927 18
Slide 19: Jotahues Talus Sampling
JOTAHUES TALUS SAMPLING For personal use only 23 August 2017 EMU NL ABN 50 127 291 927 19
Slide 20: Corporate Snapshot
CORPORATE SNAPSHOT Charting http://www.asx.com.au/prices/charting/?code=EMU&compareCo... (http://www.asx.com.au/index.htm) Charting For personal use only EMU price EMU volume Zoom 5D 1M 3M 6M YTD 1Y 5Y MAX From 06 Nov 2015 To 20 Jun 2017 0.23 Ordinary fully paid shares ~ 65.9m 0.20 Contributing shar
Slide 21: We Get Things Done!
WE GET THINGS DONE! For personal use only • Project identified by ongoing world wide search • Agreement signed 14th November 2016 • DD completed 11th December 2016 • Field work commenced December 2016 • Shareholder’s approve transaction 9th February 2017 • Drilling commenced 22nd March 2017 23 Augus
Slide 22: Additional Geological Information
For personal use only ADDITIONAL GEOLOGICAL INFORMATION 23 August 2017 EMU NL ABN 50 127 291 927 22
Slide 23: Remote Sensing
REMOTE SENSING For personal use only ASTER remote sensing data set showing the clay alteration areas (red) and Vidalita & Jotahues project areas. Note the NNE trends in the image 23 August 2017 EMU NL ABN 50 127 291 927 23
Slide 24: Ground Magnetics
GROUND MAGNETICS For personal use only Ground magnetometer data and interpretation concepts – buried heat source? 23 August 2017 EMU NL ABN 50 127 291 927 24
Slide 25: Drilling #1
DRILLING #1 For personal use only 23 August 2017 EMU NL ABN 50 127 291 927 25
Slide 26: Drilling #2
DRILLING #2 For personal use only 23 August 2017 EMU NL ABN 50 127 291 927 26
Slide 27: Drilling #3
DRILLING #3 For personal use only 23 August 2017 EMU NL ABN 50 127 291 927 27
Slide 28: IP/Resistivity
IP/RESISTIVITY For personal use only Line 5700N Line 7300N Resistivity & chargeability pseudosections + inversions 23 August 2017 EMU NL ABN 50 127 291 927 28