Slide 1: Scandinavia: the birth place of nickel
For personal use only Scandinavia: the birth place of nickel applying modern technology to historical mineralised fields Presentation May 2014
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this presentation or subsequently provided to any recipient of this presentation whether orally or in writing by or on behalf of Boss Resources Limited (“Boss”) or its respective employees, agents or consultants (Information) is provided
Slide 3: New Strategy: New Direction
New Strategy: New Direction For personal use only New highly qualified exploration team with excellent track record Rapid evaluation of 2 highly prospective Ni / Cu Projects with walk up drill targets 11 strong ground TEM conductors identified at Skogtrask Ni / Cu Project, Sweden 2 x 700m ground TEM
Slide 4: The New Team
The New Team For personal use only Peter Williams – Technical Director Explorationist / geophysicist with over 30 years experience, Peter is the former Chief Geophysicist and Manager – Geoscience Technology for WMC Resources. Co-founder of the Independence Group Limited he has developed and implemen
Slide 5: Corporate Profile
Corporate Profile For personal use only $ Price and Volume of Share Trading Capital Structure Existing Shares (ASX:BOE) 547 million Unlisted Options (various $0.08- $0.15) 59.6 million Performance rights** 40 million Cash (30 March 2014*) $2.5 million Market Cap at $0.018 $10 million Top 20 Sharehol
Slide 6: Why Scandinavia?
Why Scandinavia? For personal use only Projects located in low-risk, mining-friendly countries in Europe with 1000+ year history – highly attractive taxation and royalty structure – outstanding national infrastructure enhances potential for rapid mine development Right geological setting to host maj
Slide 7: The Initial Projects
The Initial Projects For personal use only Skogtrask (Sweden) (right to acquire 100%) Known quality Ni-Cu sulphides confirmed by historical government drilling in 1970s 22 km2 claim granted to Newgenco 11 strong TEM conductors identified to date coincident with intense magnetic anomalies Drilling im
Slide 8: Skogtrask – Sweden
Skogtrask – Sweden For personal use only Ultramafic-mafic intrusion within Bothnian Megashear – a long-lived lithospheric break Poor outcrop due to glacial cover No exploration since 1971 and no use of modern geophysical technologies 11 shallow DDH (SGU, 1969-71) intersected semi-massive to heavily
Slide 9: Higher Resolution Ground Magnetics
Higher Resolution Ground Magnetics For personal use only Airborne Magnetics, 400m line spacing, EW lines Ground Magnetics (Boss), 150 m line spacing, NS lines (Swedish Government Airborne Survey) • 900m strike length intense Magnetic anomaly, 20,000 nt amplitude • 1000m strike length of potential IO
Slide 10: Building the 3d conductivity image
Building the 3d conductivity image For personal use only Fixed and Moving Loop Ground TEM completed – First time high powered JESSY DEEP SQUID used in Sweden 11 strong bedrock conductors mapped Coincident magnetic and highly conductive sources down dip/plunge from historic drilling – 11.8m @ 0.2% Cu
Slide 11: Drill Ready Targets
For personal use only Drill Ready Targets
Slide 12: Drill Ready Targets
Drill Ready Targets For personal use only These drill holes have intersected only upper part of 820m long and 700m deep conductive zone (C6)
Slide 13: Shallow Open at Depth
Shallow Open at Depth For personal use only Cross section from Skogtrask Project illustrating disseminated mineralisation near surface and completely open at depth Cross section from Sirius’ Nova deposit illustrating increase in width of mineralisation at depth
Slide 14: Liakka – Finland
Liakka – Finland For personal use only Sulphide mineralisation hosted by mafic-ultramafic intrusions of probable Svecofennian age (Equivalent to the Hitura deposit – 16mt mined since 1970) Poor outcrop due to glacial cover but multiple intrusions evident in the regional magnetic and detailed gravity
Slide 15: Shallow Open at Depth
Shallow Open at Depth For personal use only Ground magnetics and TEM completed 2x 700m conductors along strike from Historical mineralisation Drill ready targets, 1,400 strike metres Exploration Permitting applied for (2H 2014) Drill program and DHEM planned and clearance being sort (2H 2014)
Slide 16: Shallow Open at Depth
Shallow Open at Depth For personal use only Cross section from Liakka Project illustrating broad zones of disseminated mineralisation completely open at depth Cross section from Sirius’ Nova deposit illustrating significant grade improvement at depth
Slide 17: Infrastructure
Infrastructure For personal use only Close to Harjavalta plant of Boliden AB and under-utilised refinery in northern Finland Close to the heart of Outokumpu’s Ferrochrome business (Tornio-Kemi) Project proximate to deep water ports High voltage power through Excellent rail and road permits
Slide 18: Other Areas of Interest
Other Areas of Interest For personal use only Disciplined strategy to target new projects: Strong preference for high value ore types Known mineralisation – not greenfield – Reduces early stage exploration expenses Modern geophysical technologies and processing techniques – Magnetics – Electro Magne
Slide 19: Gold assets in West Africa
Gold assets in West Africa For personal use only JV with Gryphon Minerals Ltd (ASX:GRY) Free carried 30% to DTM Golden Hill Gold Project, Burkina Faso – 470km2 brownfields project on the Boni Shear Zone in the Hounde Greenstone Belt – 14km southeast of the 2.0Moz Vindaloo deposit (currently under BF
Slide 20: Value Adding Milestones
Value Adding Milestones For personal use only New project generation strategy New highly experienced technical team with excellent track record Acquisition of Skogtrask and Liakka Ni-Cu projects Identification of strong TEM conductors at Skogtrask and Liakka Drilling of geophysical conductor
Slide 21: Why Boss?
Why Boss? For personal use only New value adding exploration strategy – focus on high value ore types – low cost highly effective exploration techniques – focus on putting money in the ground not in administration Highly experienced and competent exploration team with excellent track record 2 new, e
Slide 22: For personal use only
For personal use only Suite 23, 513 Hay Street Subiaco, WA 6008 Ph +61 8 6143 6730 Evan Cranston +61 (0) 408 865 838 Peter Williams +61 (0) 427 341 823 www.bossresources.com.au