Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Africa DownUnder 2012
15 slides from Liontown's conference presentation, Aug 29, 2012
Slide 1: Seeking major new gold discoveries in Tanzania: the Jubilee Reef Project
ASX Code: LTR For personal use only Seeking major new gold discoveries in Tanzania: the Jubilee Reef Project AFRICA DOWNUNDER, 29-31 August 2012 11
Slide 2: Disclaimer
Disclaimer For personal use only Disclaimer The material used in this presentation is intended to be a summary of operational and geological activities that are current and proposed, based on the information available to Liontown Resources Limited as at 30th August 2012. This presentation may contai
Slide 3: Jubilee Reef Project: An Emerging Gold System
Jubilee Reef Project: An Emerging Gold System For personal use only • Broad near-surface gold zones intersected at Masabi Hill prospect: 62m @ 2.4g/t Au from 70m incl. 21m @ 4.7g/t Au from 70m Jubilee Reef 74m @ 1.8g/t gold from 8m incl. 23m @ 2.9g/t Au from 50m 50m @ 1.8g/t Au from 40m incl.
Slide 4: Corporate Summary
Corporate Summary For personal use only ASX Code LTR Shares on Issue ~293 million Market Capitalisation ~$16 million (at 5.5cps) Tim Goyder (~28%) Major Shareholders Delta Resource Management (~10%) Top 50 Shareholders >80% Underwritten 1:3 rights issue underway to raise ~$3.5M Tight capital structu
Slide 5: Tanzania: A World-Class Exploration Address
Tanzania: A World-Class Exploration Address For personal use only • Eastern Africa • Clear tenement system • Strong GDP growth: ~5-7% pa • Stable democracy • Strong mining industry • Highly prospective Lake Victoria Goldfield • Granite/greenstone terrain similar to Eastern Goldfields of Western Aust
Slide 6: Jubilee Reef Project: Key Gold Targets
Jubilee Reef Project: Key Gold Targets For personal use only Tembo Rock chips up to 8.5g/t Au Masabi Hill Chela Up to 21m @ Up to 4m @ 4.7g/t Au 3.6g/t Au Granted PL Panapendeza Application Up to 7m @ 5.6g/t Au 7
Slide 7: Masabi Hill: Large Gold System Confirmed
Masabi Hill: Large Gold System Confirmed For personal use only • Multiple gold zones: Discovery (Central) Zone – up to 62m @ 2.4g/t Au Southern Zone – up to 74m @ 1.8g/t Au • Gold anomalism open • Potential for large gold system with multiple lodes • >60% unexplored • Granitoid-hosted gold (syen
Slide 8: Masabi Hill – Discovery Zone
Masabi Hill – Discovery Zone For personal use only • Significant widths of ore grade material: 1-20g/t Au • Includes high-grade intervals • Hosted by altered syenite Masabi Hill – Section 439030E 9
Slide 9: Masabi Hill – Southern Zone
Masabi Hill – Southern Zone For personal use only • Located near southern margin of intrusive body beneath transported cover • Hosted predominantly within diorite with minor syenite and mafic units • Work continuing to confirm orientation of lode Masabi Hill – Section 439220E 10
Slide 10: Masabi Hill – Upside
Masabi Hill – Upside For personal use only • Multiple shallow intersections to be followed up • Anomalous gold recorded over 600m x 600m area • Mineralised trends – open along strike and obscured by shallow cover • Majority of Masabi granitoid untested 11
Slide 11: Jubilee Reef Project: Key Gold Targets
Jubilee Reef Project: Key Gold Targets For personal use only Tembo Rock chips up to 8.5g/t Au Masabi Hill Chela Up to 21m @ Up to 4m @ 4.7g/t Au 3.6g/t Au Granted PL Panapendeza Application Up to 7m @ 5.6g/t Au 13
Slide 12: Jubilee Reef Project: Panapendeza Drill Plan
Jubilee Reef Project: Panapendeza Drill Plan For personal use only 14
Slide 13: Jubilee Reef Project: Panapendeza Drill Section
Jubilee Reef Project: Panapendeza Drill Section For personal use only • Intersected on four traverses over >200m strike • Coincident with SW end of 900m long magnetic structure • Hosted by mixed sediment package • Open at depth and towards NE 15
Slide 14: Jubilee Reef Project – The next steps
Jubilee Reef Project – The next steps For personal use only • Drilling resumed late August 2012 and planned to continue until start of wet season (mid- November) • Additional 14,000m of drilling planned over remainder of 2012 – $1.5M budget • Focus on determining orientation and scale of mineralisat
Slide 15: Summary
Summary For personal use only • Focused, Australian-based gold explorer • >$3.5M cash after rights issue • Accomplished team with strong discovery track record • Emerging gold system of significant size and scale at Jubilee Reef • Multiple zones of mineralisation defined • Significant new round of d