Orion Minerals Limited · ASX:ORN
Orion Minerals — Orion Gold NL — Investor Presentation (February 2014)
21 slides from Orion Minerals's investor presentation, Feb 18, 2014
Slide 1: Putting the first targets to the test – An update
For personal use only ASX Code: ORN Putting the first targets to the test – An update • Fraser Range: drilling in progress, encouraging signs • Victoria: drilling in progress targeting Cu-Ni-PGE • Epithermal gold targets in Queensland: Negotiating access agreements Investor Presentation February 201
Slide 2: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements For personal use only • Certain statements contained in this presentation, including information as to the future financial or operating performance of Orion Gold NL and its projects, are forward-looking statements. Such forward-looking statements: • are nec
Slide 3: Orion: Corporate Summary
Orion: Corporate Summary • Orion has been recapitalised (over $7M raised in 2013) and repositioned: For personal use only • 2 major acquisitions in Western Australia’s Fraser Range Province • 2 licences granted (and 1 application) covering significant epithermal project in Queensland Capital Structu
Slide 4: Key Assets: Gold and Polymetals
Key Assets: Gold and Polymetals For personal use only • Fraser Range Gold-Nickel-PGE Project – located in the emerging Fraser Range Belt, between two of the most significant Australian mineral discoveries of the past decade (Nova and Tropicana) • Walhalla Project – world-class gold field in Victoria
Slide 5: Regional Setting – Aeromagnetics & Gravity
Regional Setting – Aeromagnetics & Gravity Tenement package is For personal use only located within the Albany- Fraser Mobile Belt. Tropicana Tropicana Nova Nova 5
Slide 6: Timeline – Intensive, systematic exploration
Timeline – Intenstive, systematic exploration For personal use only March 2013 – Announced Kamax acquisition June 2013 – Commenced HeliTEM survey over Peninsula July 2013 – HA1, HA2 and HA3 anomalies defined – Ground EM commenced at Peninsula August 2013 – Announced Creasy transaction – HA1 and HA3
Slide 7: Peninsula – Recent Work Defines Targets
Peninsula – Recent Work Defines 23 Targets Aeromagnetics For personal use only Interpreted Medusa Interpreted Intrusion Peninsula Intrusion PEN_HA2 PEN_HA3 CE Prospect PEN_HA1 N 5km Refer ASX announcement 3 Feb 2014 7
Slide 8: Peninsula – Recent Work Defines Targets
Peninsula – Recent Work Defines 23 Targets VTEM Channel 48 For personal use only PEN_HA2 PEN_HA3 CE Prospect PEN_HA1 N 5km Refer ASX announcement 3 Feb 2014 8
Slide 9: Peninsula – Recent Work Defines Targets
Peninsula – Recent Work Defines 23 Targets Gravity (ground survey) For personal use only Interpreted Medusa Intrusion PEN_HA2 PEN_HA3 CE Prospect PEN_HA1 N 5km Refer ASX announcement 3 Feb 2014 9
Slide 10: CE Prospect
CE Prospect • Coincident indicators: • Bedrock drilling has intersected a For personal use only • Magnetic “eye” feature metamorphosed mafic intrusive complex • EM anomaly • Gravity anomalies Refer ASX announcement 14 Feb 2014 10
Slide 11: Peninsula – Current Work: Geology
Peninsula – Current Work: Geology For personal use only Interpreted Peninsula Intrusion Felsic PEN_HA3 PEN_HA1 Mafic N 5km 11
Slide 12: HA2 – Peninsula Intrusion
HA2 – Peninsula Intrusion Anomalous Ni, Cu, Co & S For personal use only • Lithologies intersected in drilling include mafic granulite and gabbronorite. • Anomalous Ni – Cu – Co – PGE - S assays were returned but no deep test of the intrusive body carried out. • A significant amount of the intrusion
Slide 13: Peninsula – HA2
Peninsula – HA2 • Orion has carried out airborne and ground EM surveys across the intrusion as well as For personal use only reprocessing historical aeromagnetic and gravity data • Aim is to find where the anomalism seen in drilling might be enriched to economic concentrations • A number of geophysi
Slide 14: Key Assets: Gold and PGE rich Ni-Polymetals
Key Assets: Gold and PGE rich Ni-Polymetals For personal use only • Fraser Range Gold-Nickel-PGE Project – located in the emerging Fraser Range Belt, between two of the most significant Australian mineral discoveries of the past decade (Nova and Tropicana) • Walhalla Project – world-class gold field
Slide 15: Walhalla Project, Victoria
Walhalla Project, Victoria For personal use only Walhalla-Woods Point Goldfield – significant regional, historical high-grade gold production - +4Moz @ >25g/t past production - Continuous reef-style mineralisation - 75km prospective strike length - Existing total Inferred Resource 268,400oz (refer:
Slide 16: Walhalla Polymetals: Coopers Creek
Walhalla Polymetals: Coopers Creek For personal use only CC002 Note small Drills across surface dyke bulge, expression of but above high grade keel zone. mineralisation DH81_ML001 Intersects thin dyke, below and to south of Large bulge bulge keel with anomalous , CC003 low grade 36m @ mineralisation
Slide 17: DHEM gives further support
DHEM gives further support For personal use only PLAN N-S longitudinal section OCC003 Proposed hole trace Mineralised “keel” interpretation (green) OCC002 trace Downhole EM conductor ‘C1’ OCC002 trace Downhole EM conductor ‘C2’ Mineralised “keel” Downhole EM OCC003 interpretation conductor ‘C2’ Prop
Slide 18: Key Assets: Gold and Polymetals
Key Assets: Gold and Polymetals For personal use only • Fraser Range Gold-Nickel-PGE Project – located in the emerging Fraser Range Belt, between two of the most significant Australian mineral discoveries of the past decade (Nova and Tropicana) • Walhalla Gold Project – world-class gold field in Vic
Slide 19: Connors Arc Epithermal Au Project
Connors Arc Epithermal Au Project • Orion’s Connors Arc Project area now For personal use only 100 km comprises two granted permits + one application totaling 593km2 • Immediately along strike from the Mt. Mackenzie high sulphidation epithermal Au mineralisation - a very large, magmatic- hydrotherma
Slide 20: Aurora Flats Epithermal Au target
Aurora Flats Epithermal Au target A For personal use only B Aurora Flats long section (A-B), looking north-west 1.5km of prospective strike (minimum) Superficial cover – no surface expression of vein Au in soils anomaly Au in soils anomaly AFRC002 PDH512 • 4m @ 0.17g/t Au, 20ppm Ag • 6m @ 0.3g/t Au,
Slide 21: Competent Persons Statement
Competent Persons Statement The information in this report that relates to Exploration Results at the Fraser Range Projects complies with the2012 Edition of the For personal use only Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (“JORC Code”) and is based
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