Equus Mining — Investor Presentation (March 2013)
18 slides from Equus Mining's investor presentation, March 2013
Slide 1: Naltagua Copper District
Naltagua Copper District CHILE March 2013
Slide 2: Cash and liquid assets
Cash and liquid assets….. Ordinary Shares: 246.7M Options: 4.46M • 0.46M @ 30 cents, expiring 31 Oct 2013 • 4.0M @ 7.5 to 25 cents, expiring 13 Nov 2015 Share Price: 7 cents Market Capitalisation: $17.3M Cash and Liquid Assets*: $7M Top 20 Shareholders: 63% ASX Code: EQE * Cash, listed shares, gold
Slide 3: Experience and Diversity
Experience and Diversity….. Equus Board Norm Seckold Ted Leschke Robert Perring Non-Executive Chairman Managing Director Director Juerg Walker Colin Carson Marcelo Mora Non-Executive Director Non-Executive Director Company Secretary
Slide 4: Dynamic crew in Chile
Dynamic crew in Chile….. Damien Koerber Lorenzo Araya (Site Foreman) Exploration Manager – South America and his Naltagua Field Crew Robert Perring Cristian Quintana Consultant Geologist Logistics Manager - Chile 4
Slide 5: Positioned for rapid capital growth
Positioned for rapid capital growth…. Targeting* 60Mt to 80Mt at 0.8% to 1.3% Cu • Located in one of the main copper producing belts of Chile • Close to infrastructure (75km from port of San Antonio) • Mining Leases (18.05km2) • Option to Purchase (exercisable Sept 2014 ‐ $4.3M) • Historical Mining
Slide 6: Located in the productive Coastal Belt
Located in the productive Coastal Belt….. South America Map Area Chile El Soldado Mine Anglo American 200Mt at 1.35% Cu El Teniente Mine Naltagua Copper District Equus Mining Limited CODELCO Targeting* 60Mt to 80Mt at 0.8% to 1.3% Cu World’s Largest Cu-Mo Deposit * The target size is conceptual in n
Slide 7: Identical deposit-type to the north
Identical deposit‐type to the north….. El Soldado Mine (Anglo American) “an analogue for Naltagua” • 135km north of Naltagua • 200Mt at 1.35% Cu • Coastal Metallogenic Belt (like Naltagua) • La Prado Formation (like Naltagua) • Andesite host rock (like Naltagua) • Strong structural control (like Nal
Slide 8: 'Mantos': a prominent deposit-type in Chile
‘Mantos’: a prominent deposit‐type in Chile….. Araya-Trend Silica Alteration Yerba-Trend El Gato-Trend Chalcopyrite Zone Bornite Zone Fault Hydrothermal Breccia Black Shale Andesite Volcanics
Slide 9: Naltagua: Big copper footprint (4km by 2km)
Naltagua: Big copper footprint (4km by 2km)….. Yerba Project Historic Yerba Mine Araya Project Naltagua Copper System Equus Option Area Copper Occurrence 2km
Slide 10: Premium sulphide concentrate
Premium sulphide concentrate….. Copper Sulphide (Bornite) Metallurgical Sample Site Viewing direction for next slide • 30kg ALS Ammtec, Sydney • Premium sulphide concentrate (41% Cu, 463g/t Ag) • +75% recovery in partially oxidised ‘ore’ ( considerable upside) • Silver (Ag) reporting with copper in
Slide 11: Copper grades above 1%
Copper grades above 1%..... “Equus channel-sampled the old mines” 600m RL blocke d adit Pit Wall: 48m @ 1.3% Cu 34m @ 0.6% Cu Yerba Open Pit 550m RL adit 56m @ 1.1% Cu adit 60m @ 1.7% Cu adit 55m @ 0.1% Cu 40m @ 0.6% Cu adit 500m RL 40m @ 1.1% Cu 40m @ 0.4% Cu adit 50m @ 0.2% Cu 50m
Slide 12: No previous drilling
No previous drilling….. Yerba Workings Adit (early 1900’s) Pit Wall Channel Sample: 48m @ 1.35% Cu Geophysical Sec A tion Stage 1 Drill Area Drill Pad 1 B (5000m planned) Viewing direction for next slide
Slide 13: Plenty of depth potential
Plenty of depth potential….. Geophysical Section A – B Induced Polarisation – Chargeability Data 48m @ 1.35% Cu 200 metres B A 48m @ 1.35% Cu (channel sample) Drill Pad 1 Depth Limit of Historical Workings C Planned Initial Drill Holes (400m deep). R Depth capacity of rig: 1,200m (NQ)
Slide 14: 1200 metre-long target zone
1200 metre‐long target zone….. Yerba Project Area Stage 1 Drilling Area 33m @ 0.88% Cu 48m @ 1.35% Cu Yerba Workings 60m @ 0.39% Cu 55m @ 0.27% Cu 10m @ 1.73% Cu 20m @ 0.52% Cu High Resistivity (Geophysical Anomaly) Surface Rock Channel Geochemistry (2m & 5m composites) 500m Outcropping Copper
Slide 15: Second project ready to go
Second project ready to go….. Araya Project Area Naltagua Copper System Equus Option Area Copper Occurrence 2km
Slide 16: All the right signs
All the right signs….. Araya Project Area Araya Project Area 16m @ 1.9% Cu Underground (adit) 20m @ 0.65% Cu Surface Outcrop Hydrothermal Breccia Copper Working (Adit) Copper Occurrence (No Working) Rock Channel Geochemistry (2m & 5m composites) 500m
Slide 17: Disclaimer & Compliance
Disclaimer & Compliance….. This presentation has been prepared by Equus Mining Limited (“Equus”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties, though Equus has no re
Slide 18: CHILE
CHILE www.equusmining.com 18