Resolution Minerals Ltd. · ASX:RML
Resolution Minerals — Corporate Update (April 2020)
15 slides from Resolution Minerals's corporate update, Apr 27, 2020
Slide 1: Conference Call: Initial Assays Hole 1 - 64North Project, Alaska
CONFERENCE CALL ASX Announcement 27th April 2020 INITIAL ASSAYS HOLE 1 - 64NORTH PROJECT, ALASKA 1
Slide 2: 64North – Tenements & Prospects/Blocks
64NORTH – TENEMENTS & PROSPECTS/BLOCKS Large land position surrounding Pogo Gold Mine • 1,174 State mining claims • 660 km 2 Pogo Gold Mine Northern Star ASX:NST • 10 M oz gold endowment with exploration upside at the Pogo Gold Mine, with 4 new discoveries announced by ASX:NST • Total mine life prod
Slide 3: Pogo-Style Veins - Drill Hole 20AU001
POGO-STYLE VEINS - DRILL HOLE 20AU001 Typical Pogo-style • ~ 3% pyrite, arsenopyrite, pyrrhotite • Au-As-Bi-Te • Dolomite-sericite alteration halo • Para-gneiss host Hole ID 20AU001 (hole 1) boxes 59 and 60 whole core; depth 126.42m to 130.37m quartz veining in paragneiss. The red inset box is enlar
Slide 4: Pogo-Style Veins - Drill Hole 20AU001
POGO-STYLE VEINS - DRILL HOLE 20AU001 Typical Pogo-style • ~ 3% pyrite, arsenopyrite, pyrrhotite • Au-As-Bi-Te • Dolomite-sericite alteration halo • Para-gneiss host Hole ID 20AU001; cut ½ drill core 127.16m to 127.3m quartz veins, arsenopyrite, pyrite(s) in paragneiss. Grade 0.19g/t Au, >10,000ppm
Slide 5: Drill Hole 20AU001 Strip Log: Pogo-style evident
DRILL HOLE 20AU001 Strip Log: Pogo-style evident Typical Pogo-style • ~ 3% pyrite, arsenopyrite, pyrrhotite • Au-As-Bi-Te • Dolomite-sericite Strong Au-As-Bi-Te alteration halo correlation, multiple zones • Para-gneiss host 127.16m Hole: 20AU001 5
Slide 6: Drill Hole 20AU001 Strip Log: Pogo-style evident (119-139m)
DRILL HOLE 20AU001 Strip Log: Pogo-style evident (119-139m) Typical Pogo-style • ~ 3% pyrite, arsenopyrite, pyrrhotite • Au-As-Bi-Te • Dolomite-sericite alteration halo • Para-gneiss host Strong Au-As-Bi-Te correlation 119-139m 127.16m Hole: 20AU001 6
Slide 7: Pogo Style – Mine Mineralisation Model
POGO STYLE – MINE MINERALISATION MODEL Elevated gold/arsenic/bismuth anomaly Gold-bearing quartz veins Low Angle Veins (Liese 1-3, East Deep) Serpentinite, amphibolite • These veins contain the bulk of the ore at Pogo Graphitic schist • 2-20 m thick • Hosted in regional shear zone – compression with
Slide 8: 64North – West Pogo Block: Aurora Prospect
64NORTH – WEST POGO BLOCK: AURORA PROSPECT The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures – potential fluid pathway
Slide 9: Line 6 CSAMT Survey and Cross Section with drill traces
Line 6 CSAMT Survey and Cross Section with drill traces Hole1: 20AU001 The hole was designed test multiple structural targets and magnetic features not shown on the CSAMT section as well as the margin of the more conductive rock unit. Due to logistics it was drilled first while access to the next pl
Slide 10: 64North – West Pogo Block: Aurora & Echo Targets
64NORTH – WEST POGO BLOCK: AURORA & ECHO TARGETS The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures – potential fluid p
Slide 11: ASX Announcement: Initial Assays Hole 1 - 64North Project, Alaska
ASX Announcement 27th April: INITIAL ASSAYS HOLE 1 - 64NORTH PROJECT, ALASKA Prospect From To Interval Au (g/t) Hole ID 20AU001 Aurora 94.31 94.86 0.55 0.52 20AU001 Aurora 124.83 126.31 1.48 0.31 20AU001 Aurora 129.76 131.04 1.28 0.35 20AU001 Aurora 152.85 153.22 0.37 0.30 20AU001 Aurora 241.80 242.
Slide 12: Disclaimer
DISCLAIMER This presentation has been prepared by Resolution Minerals Ltd To the fullest extent permitted by law, Resolution, its officers, (Resolution). This document contains background information about employees, agents and advisors do not make any representation or Resolution current at the dat
Slide 13: Contact
CONTACT Authorised for release Duncan Chessell Managing Director Resolution Minerals Ltd ASX:RML +61 414 804 055 duncan@resolutionminerals.com Level 4, 29 King William Street Adelaide SA 5000, AUSTRALIA www.resolutionminerals.com 13
Slide 14: ASX Announcement: Initial Assays Hole 1 - 64North Project, Alaska
ASX Announcement 27th April: INITIAL ASSAYS HOLE 1 - 64NORTH PROJECT, ALASKA The company is highly encouraged by these first results from a green fields exploration program. The results confirm the exploration model and will be invaluable in determining future drilling. Summary: • Initial assays and
Slide 15: ASX Announcement: Initial Assays Hole 1 (continued)
ASX Announcement 27th April: INITIAL ASSAYS HOLE 1 - 64NORTH PROJECT, ALASKA Continued.. Resolution Minerals Ltd (RML, Resolution or the Company) has received (partial) assays from surface to 323m of recently completed hole #1 at the Aurora Prospect. In March 2020 drilling was completed at the Compa