Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — Shareholder Meeting (November 2021)
33 slides from Stavely Minerals's shareholder meeting presentation, Nov 12, 2021
Slide 1: Finding the copper the world needs for a low-carbon future
For personal use only Finding the copper the world needs for a low-carbon future The Stavely Copper-Gold Project Dawn of a new world-class copper-gold province in Western Victoria Annual General Meeting - November 2021 1
Slide 2: Disclaimer
Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities For personal use only ● and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects,
Slide 3: A Modern Australian Copper-Gold Growth Company
A Modern Australian Copper-Gold Growth Company ● First-mover position – largest and most strategic tenement holding For personal use only in the Stavely Volcanic Belt, western Victoria ● A committed explorer – focused on making transformational mineral discoveries since $6m IPO in 2014 ● Discovery–
Slide 4: Corporate Summary
Corporate Summary CAPITAL STRUCTURE 12-month Share Price to 11 November 2021 For personal use only ASX Ticker SVY $1.00 2,500,000 Close Volume Share Price (11/11/21) $0.48 $0.90 $0.80 2,000,000 Shares on Issue 261M $0.70 Cash (30/09/21) $11.1M $0.60 1,500,000 $0.50 Market Capitalisation $125M $0.40
Slide 5: First-Mover Position in Victoria's Stavely Arc
First-Mover Position in Victoria’s Stavely Arc Two cornerstone assets – 100%-owned Stavely and For personal use only ● Ararat Projects ● 1,461km2 ground position in Australia’s new exploration hot-spot of western Victoria (Kirkland Lake – Fosterville) ● Majority of exploration since 2014 focused on
Slide 6: Stavely Copper-Gold Project – Thursday's Gossan
Stavely Copper-Gold Project – Thursday’s Gossan ● Thursday’s Gossan includes an extensive chalcocite- For personal use only enriched blanket occurring 30m to 80m below surface ● Inferred Mineral Resource of 28Mt at 0.4% copper for 1 110kt of contained copper ● Developed as the surface expression of
Slide 7: Thursday's Gossan – The Story So Far
Thursday’s Gossan – The Story So Far 49 diamond drill-holes completed to depths of up For personal use only ● to 1.8km targeting the elusive “core” of the porphyry system ● Strong indications of proximity to a buried porphyry with significant encouragement from assays, petrology and geochemistry ● S
Slide 8: Discovery Breakthrough – Hole SMD050
Discovery Breakthrough – Hole SMD050 SMD050 For personal use only ● 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth, including: ● 12m at 14.3% copper, 2.26g/t gold and 145g/t silver from 82m, including: ● 2m at 40% copper, 3.00g/t gold and 517g/t silver ● Surprisingly, SMD05
Slide 9: Cayley Lode Discovery – Shallow, High-Grade Mineralisation
Cayley Lode Discovery – Shallow, High-Grade Mineralisation Magma / Butte copper lode-style system – For personal use only ● outstanding exploration target never before seen in Australia ● Mineralisation so far defined over ~1.5 km strike length to ~300m depth, averaging 10-50m thickness ● Resource d
Slide 10: Cayley Lode Discovery – Shallow, High-Grade Mineralisation
Cayley Lode Discovery – Shallow, High-Grade Mineralisation Magma / Butte copper lode-style system – For personal use only ● outstanding exploration target never before seen in Australia ● Mineralisation so far defined over ~1.5 km strike length to ~300m depth, averaging 10-50m thickness ● Resource d
Slide 11: Cayley Lode Discovery – Shallow, High-Grade Mineralisation
Cayley Lode Discovery – Shallow, High-Grade Mineralisation SMD073 – 5m at 2.35% Zinc, 0.4% Lead, 0.25% For personal use only ● Copper, 1.67g/t Gold and 27g/t Silver – typical peripheral Magma-style intercept 1,500m ● SMD085 – 23m at 1.07% Copper, 0.11g/t Gold ● ~1,500m of mineralisation strike exten
Slide 12: Cayley Lode Discovery – Resource Drilling Long Section
Cayley Lode Discovery – Resource Drilling Long Section For personal use only Negotiating Access Peripheral base-metal / precious metal mineralisation 12
Slide 13: Cayley Lode Discovery – Amenable to Open Pit and UG
Cayley Lode Discovery – Amenable to Open Pit and UG For personal use only SMD087 ● 87m @ 1.74% Cu, 0.57g/t Au and 20g/t Ag, incl. ● 24m @ 4.19% Cu, 1.27g/t Au and 53g/t Ag, and ● 9m @ 4.09% Cu, 1.83g/t Au and 39g/t Ag Typical of most Cayley Lode intercepts: – a large intercept amenable to open pit b
Slide 14: Cayley Lode Discovery – Recent Big Intercepts
Cayley Lode Discovery – Recent Big Intercepts SMD104 For personal use only ● 144m at 1.04% copper, 0.15g/t gold and 3.4g/t silver, from 35m drill depth, including: ● 84m at 1.55% copper, 0.23g/t gold and 5g/t silver from 95m, including: ● 28m at 3.31% copper, 0.49g/t gold and 7.1g/t silver See ASX a
Slide 15: Cayley Lode Discovery – Recent Big Intercepts
Cayley Lode Discovery – Recent Big Intercepts SMD106 For personal use only ● 48m at 1.39% copper, 6.33g/t gold and 12g/t silver, from 85m drill depth, including: ● 16.7m at 3.13% copper, 17.93g/t gold and 29g/t silver from 115m, including: ● 2m at 0.74% copper, 132g/t gold and 38g/t silver from 116m
Slide 16: Vertically Extensive – With Multiple Discovery Opportunities
Vertically Extensive – With Multiple Discovery Opportunities For personal use only SMD050: 32m at 5.88% copper, 1.00g/t gold and 58g/t silver, from 62m drill depth on the UCF SMD059: 18m at 1.00% copper, 0.1g/t gold and 3g/t silver, from 235m drill depth on the UCF underneath the LAS SMD032: 6m at 6
Slide 17: Current Programs – Systematic Exploration Approach
Current Programs – Systematic Exploration Approach Complete shallow Resource drill-out on Ultramafic For personal use only 1. Contact Fault (Cayley Lode) 2. Continue to define mineralisation on the Ultramafic Contact Fault below the Low Angle Structure 3. Bring mineralisation in the Copper Lode Spla
Slide 18: Current Programs – How do we see this as a possible development?
Current Programs – How do we see this as a possible development? 1. A Phase-1 open pit based on high-grade structurally- For personal use only controlled mineralisation drives an open pit that also captures a significant proportion of the 28Mt at 0.4% copper secondary chalcocite-enriched blanket 2.
Slide 19: The Plan
The Plan ● Complete Mineral Resource drill-out of shallow (0-200m) mineralisation of the Cayley Lode – this is the For personal use only material that will be available to an open pit optimisation ● Commence Scoping Study on Phase 1 Open Pit Development ● Re-deploy drills to define the Cayley Lode a
Slide 20: The Orphan Period
The Orphan Period For personal use only ● Complete Mineral Resource drill-out of shallow (0-200m) mineralisation of the Cayley Lode – this is the material that will be available to an open pit optimisation 20
Slide 21: The Orphan Period
The Orphan Period $9.00 For personal use only $8.00 $7.00 $6.00 Drill out of Jinfeng takes $5.00 deposit from $4.00 1.2Moz to 3.6Moz $3.00 Commissioning $2.00 Project $1.00 development period $0.00 4-Dec-02 4-Dec-03 4-Dec-04 4-Dec-05 4-Dec-06 4-Dec-07 4-Dec-08 4-Dec-09 ● The ‘orphan’ period, where e
Slide 22: Regional Exploration
For personal use only REGIONAL EXPLORATION 22
Slide 23: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery For personal use only 23
Slide 24: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Despite previous exploration by industry ‘top dogs’ Newcrest, For personal use only Rio Tinto, CRA Exploration and North Limited, Stavely Minerals has a ‘first mover’ advantage ● Almost 1,500km2 of tenure covering ~115km of porphyry- prospec
Slide 25: Regional Exploration – Toora West Discovery
Regional Exploration – Toora West Discovery ● Emerging discovery at the Toora West porphyry prospect For personal use only ● ‘Blind’ discovery under 30m of younger transported cover ● Diamond drilling in-progress 25
Slide 26: Regional Exploration – Toora West Discovery
Regional Exploration – Toora West Discovery ● Emerging discovery at Toora West For personal use only ● Aircore drilling intercepts porphyry-style alteration and quartz veining with copper sulphides defined over 1,600m x 1,000m o STWAC029 ▪ 1m at 0.15% Cu from 58m down-hole, and ▪ 3m at 0.34% Cu from
Slide 27: Regional Exploration – Massive Opportunity for Discovery
Regional Exploration – Massive Opportunity for Discovery ● Emerging discovery at Toora West For personal use only ● ‘Blind’ discovery under 30m of younger transported cover ● To be tested with 3 x diamond drill holes as soon as ground conditions permit (still soggy) ● Very important implication: ● T
Slide 28: Forward Programme
Forward Programme For personal use only Activity Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Toora West Diamond Drilling Regional Exploration Mineral Resource Drilling Receipt of Resource Drilling Assays Mineral Resource Estimate Scoping Study = lots of news flow 28
Slide 29: Copper…the Ultimate "Future-Facing" Commodity
Copper…the Ultimate “Future-Facing” Commodity For personal use only In order to migrate to a low-carbon economy and provide alternative energy solutions, certain strategic minerals are required to build the wind 3.6 tonnes of copper for every MW of wind farms, solar farms, electric vehicles 4 x more
Slide 30: Copper…Compelling Market Fundamentals
Copper…Compelling Market Fundamentals For personal use only There are very few high-quality projects coming on stream in first world jurisdictions Escondida, the world’s largest copper mine: • 1.72% Cu average head grade in 2007 • 0.52% Ore Reserve grade in 2019 CRU estimates a 15 million tonne copp
Slide 31: Copper…Compelling Market Fundamentals
Copper…Compelling Market Fundamentals For personal use only ● Raised US$250m – they are not the first group seeking a bucket of cash to acquire ‘future facing’ metals assets, and they certainly won’t be the last! ● We say, bring it on. 31
Slide 32: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways ✓ First-mover position (1,461km2) in a potential emerging copper province For personal use only ✓ Discovery of structurally-controlled high-grade lode-style copper-gold-silver mineralisation similar to the Magma (Arizona) and Butte (Montana) deposits ✓ In an Austra
Slide 33: Contact Us
For personal use only Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it i
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