Activex Limited · ASX:AIV
Activex — Investor Presentation (March 2008)
29 slides from Activex's investor presentation, Mar 17, 2008
Slide 1: Investor Presentation March 2008
Investor Presentation March 2008 For personal use only Doug Young Managing Director ActivEX Limited Active explorers for new gold-copper resources Mar 2008 1
Slide 2: Company Profile
Company Profile z Mineral exploration company focused on gold and copper For personal use only z Listed April 2006 raising $3M – over $1M cash at hand z Landmark joint ventures established with Mitsubishi/Minotaur and Norton Gold Fields z Drilling recently completed at Prospect Creek, scheduled for
Slide 3: Capital Structure
For personal use only Capital Structure z Issued Capital 30,388,722 z Escrowed Shares (April 2008) 10,190,220 z Options (Feb 2009) 15,194,361 z Staff Options (Feb 2011,2012) 600,000 z Cash $>1M z Key holders - MD 26% - MEP 6% Mar 2008 3
Slide 4: Board of Directors
Board of Directors z Ian Daymond - Chairman For personal use only Commercial Lawyer, experience with WMC, Hunter Resources, Delta Gold as general counsel, Chairman Copper Range Limited z Doug Young - Managing Director Geologist, 30 years experience with North, Griffin Group and 20 years as mineral a
Slide 5: Portfolio
Portfolio z Gold and copper/gold focus specialising in Queensland terranes – projects cover 3505sq. km For personal use only z Large porphyry copper-gold potential at Booubyjan, Blairmore, Pentland Cairns – 88m @ 0.47% Cu, 0.49g/t Au – Cu/Mo/Au zones, 47m @ 0.9g.t Au Kidston Townsville z Epithermal
Slide 6: Joint Ventures
Joint Ventures z Strong ground holding 100% ActivEX For personal use only z Booubyjan Joint Venture – Minotaur Cairns Exploration and Mitsubishi farming in Kidston – Currently ActivEX 100% Townsville – Minotaur earning 51% and Mitsubishi Corp Ernest Henry Pentland Charters Towers and Mitsubishi Mate
Slide 7: Esk Trough Projects
Esk Trough Projects z Esk Trough For personal use only – Structure bound trough, volcanic arc z Widespread epithermal and porphyry mineralisation z Booubyjan JV – Porphyry style mineralisation z Coalstoun Lakes – 80M tonnes @ 0.3% Cu z Barambah Epithermal – 40000t mined for 5g/t Au, 50g/t Ag z Award
Slide 8: Booubyjan - Geology
Booubyjan - Geology z 80 km west of Gympie For personal use only z Porphyry Cu-Au prospect in co- magmatic Triassic Volcanics z Composite intrusive centre at Sefton intersection of two major structural sets Dadamarine z Significant previous drilling at Goonuloom suggests large Goonuloom porphyry sys
Slide 9: Goonuloom – Geochem/Mag
Goonuloom – Geochem/Mag Hines – 26m @ 0.35% Cu, For personal use only 0.45g/t Au from 20m Kiwi - 14m @ 0.72% Cu, Kakapo – 88m @ 0.47% Cu, 0.72g/t Au from 16m 0.49g/t Au from 38m White Horse – 38m @ 0.74% Cu, 0.13g/t Au from 20m, strong alteration Bath – 14m @ 0.24% Cu, 0.15g/t Au strong alteration M
Slide 10: Booubyjan Veins
Booubyjan Veins For personal use only Copper gold mineralisation in chlorite magnetite alteration Multiple sheeted veins with potassic alteration Mar 2008 10
Slide 11: Goonuloom Stock - Targets
Goonuloom Stock - Targets For personal use only Circular pyritic “shell” -170m -220m -20m -70m -120m Mar 2008 11
Slide 12: Goonuloom Stock - Targets
Goonuloom Stock - Targets For personal use only Planned holes to test – IP anomalies – Resistivity anomalies – Magnetic anomalies Mar 2008 12
Slide 13: Goonuloom Stock - Targets
Goonuloom Stock - Targets CSAMT target Kiwi For personal use only Subtle IP target Kakapo Planned holes to test molybdenum/IP anomalies at Sefton and Dadamarine Mar 2008 13
Slide 14: Barambah – Drill Targets
Barambah – Drill Targets For personal use only Barambah Open Pit (7700 ozs) z Previous mining and shallow drill pattern – Gram-metres values to 35.6 gm z Apparent high grade shoot – Plunges to the south Mar 2008 14
Slide 15: Prospect Creek - Epithermal Model
Prospect Creek - Epithermal Model For personal use only z Gossans West ground level - arsenic and mercury rich Gossans West - associated with alunite, silicification z Vera Nancy (2.8M ozs) Target zone z Cracow (1.2M ozs) Prairie Creek z Prairie Creek ground level - gold rich - propylitic alteration
Slide 16: Prospect Creek - Geochem
Prospect Creek - Geochem z Found by gold stream sampling For personal use only z Prairie Creek Prospect – highly gold anomalous streams z Geochemistry has identified numerous anomalies z Only limited drilling which did not test peak geochem anomaly and is open ended z Gossans West Prospect – highly
Slide 17: Prairie Creek - Geochem
Prairie Creek - Geochem For personal use only z Grid soils by CRA in 1990s z Extension lines to check north trends z Anomalous zone 200m wide found z Highest gold values in soils to date – 5g/t Au z Drilling tested two zones z Stockwork veining and sections of quartz epidote veining intersected Mar
Slide 18: Prairie Creek - Drill Section
Prairie Creek - Drill Section For personal use only 18m @ 1.75ppm Au 10m @ 3.99ppm Au 16m @ 1.35ppm Au 52m @ 2.11ppm Au 6m @ 6.55ppm Au 26m @ 0.32ppm Au 10m @ 3.2ppm Au Highlights 34m @ 0.45ppm Au z 52m @ 2.11g/t Au - incl 10m @ 3.2g/t Au 8m @ 2.05ppm Au - and 6m @ 6.55g/t Au z Quartz epidote vein s
Slide 19: Gossans West - Geochem
Gossans West - Geochem For personal use only z Only one hole previously drilled z 24 alteration pipes found and sampled z Anomalous in arsenic, mercury, antimony – weakly gold anomalous z Three key pipes drill tested z Strong zones of clay silica pyrite alteration intersected - confirms high sulphid
Slide 20: Lake Monduran - Summary
Lake Monduran - Summary z 55 km north west of Bundaberg For personal use only z 42 sub-block granted EPM z Good logistics 54m @ 317ppm Mo, z Known molybdenum mineralisation little gold testing in altered granites associated z Minor drilling in 1970’s z Lead and zinc in streams define Pinnacles prosp
Slide 21: Native Dog Prospect
Native Dog Prospect z Zone of old tungsten/molybdenum workings in altered granite For personal use only Molybdenum soil geochem zone 2km long Awarded government funding support for 50% drilling costs Mar 2008 21
Slide 22: Pinnacle Prospect
Pinnacle Prospect z VMS style target For personal use only z Previous drilling on single section z Intersected 126m @ 1% Zn z Recent geochem has located high zinc anomalies close to upper contact of volcanic pile z 5 drill holes planned to test zinc anomalies and IP Mar 2008 22
Slide 23: Florence Creek
Florence Creek For personal use only z Areas prospective for Iron Oxide style, copper-gold deposits (Ernest Henry (125M tonnes @ 1% Cu and 0.53g/t Au) z Recent new discoveries at Kalman and Rocklands nearby Intersections:- z 4m @ 3% Cu and 0.3g/t Au (Trump) z 12m @ 2.9% Cu and 0.38g/t Au (Florence B
Slide 24: Pentland – Target Summary
Pentland – Target Summary For personal use only z NE trending gold belts Quartz Hill Porphyry 186m @ 0.13%Cu Deadmans Breccias 10m @ 1.1g/t Au Eight Mile Breccia – Porphyry system Mt Remarkable Porphyry 47m @ 0.9g/t Au Norwood Gold City Reefs 8M @ 2.2g/t Au 6m @ 3.3 g/t Au Mar 2008 24
Slide 25: Mt Remarkable – Norwood
Mt Remarkable – Norwood For personal use only z Structurally controlled demagnetized zone associated with alteration at Mt Remarkable z Most intense part correlates with IP anomalies z Gold mineralisation peripheral to demagnetised zone z Norwood mag high sits on periphery of major interpreted intru
Slide 26: Mt Remarkable - IP
Mt Remarkable - IP z Drilling has targeted surface geochem - most holes too shallow to intersect IP targets For personal use only -270m -126m -217m Mar 2008 z Coincident demagnetised zone 26
Slide 27: Norwood - IP
Norwood - IP For personal use only Resisitivity Resisitivity Shallow IP anomalies Drilling has targeted surface geochem F Mag anomaly Chargeability Chargeability Mar 2008 Deep IP anomalies 27
Slide 28: Project Status
Project Status For personal use only z Discovery ? z Drilling Prospect Ck Booubyjan, Barambah z Drill targets defined, undergoing Lake Monduran, cultural heritage clearance Pentland z Geophysical surveys Dadamarine z Field surveys Ban Ban, Blairmore, Mt Tam, commenced Westwood, Mt Miner, Oxley Creek
Slide 29: Forward Program
Forward Program z Substantial drilling planned for next six month period For personal use only z Prospect Creek drilling results awaited z Booubyjan – drilling to commence in late March followed by Barambah z Field activities commence in Cloncurry district in April (gravity surveys) z Drilling plann