Ausmon Resources Limited · ASX:AOA
Ausmon Resources — Shareholder Meeting (November 2021)
46 slides from Ausmon Resources's shareholder meeting presentation, Nov 1, 2021
Slide 1: AGM Presentation - Minerals Exploration Projects
AUSMON RESOURCES LIMITED ausmoN Resources AGM PRESENTATION MINERALS EXPLORATION PROJECTS Mark Derriman (Chief Technical Officer)
Slide 2: Disclaimer
Disclaimer Certain statements contained in this presentation, including information as to the future financial or operating performance of Ausmon Resources Limited and its projects, are forward-looking statements. Such forward looking statements: Are necessarily based upon a number of assumptions
Slide 3: Exploration Investment Strategy: Targeted Commodities
Exploration Investment Strategy Targeted Commodities Over short and medium term explore for commodities with strong potential value accretion from high growth demand and/or supply constraints: • Minerals that are critical components for renewable energy industry: e.g. cobalt, lithium, graphite and r
Slide 4: Electric Vehicle (EV) Commodities
Exploration Investment Strategy Electric Vehicle (EV) Commodities Source: Commonwealth of Australia Department of Industry, Science, Energy and Resources
Slide 5: Exploration Investment Strategy: Cobalt
Exploration Investment Strategy Cobalt Future of cobalt is very positive: • EV boom expected from 2022 as consumers gradually overcome hesitancy to embrace the new technology and EV price approach parity to petroleum vehicles • High production volume of batteries expected to increase total demand fo
Slide 6: Projected Cobalt Use
Exploration Investment Strategy Projected Cobalt Use
Slide 7: Exploration Investment Strategy: Rare Earth Elements (REE)
Exploration Investment Strategy Rare Earth Elements (REE) Source: Commonwealth of Australia Department of Industry, Science, Energy and Resources
Slide 8: Projected REE Use
Exploration Investment Strategy Projected REE Use
Slide 9: NSW tenements map
NSW %) > 7 Granted Tenements - Cobalt & Base Metals Ry 3 Tenement Applications - REE AUSMON RESOURCES LIMITED Historic McAlpine Cu . = i - » Mine (Brungle } WESTERN ff | ec} = 2 ~ AUSTRALIA 7 Creek) rN Cobalt and Base Metals Exploration x73 —— RC drilling at EL a230 Eaglehawk Stirling Vale ica ve (K
Slide 10: Ausmon Tenement Register
Ausmon Tenement Register Applied Block Approx Licence Application Name Commodity Date Grant Date Expiry Date s km2 New South Wales Broken Hill Kanbarra EL 8745 Cobalt/Base Metals 25/01/2018 15/05/2018 15/5/2024 45 144.0 Stirling Vale EL 8747 Cobalt/Base Metals 25/01/2018 24/05/2018 24/05/2024 9 28.8
Slide 11: Broken Hill Tenements
Broken Hill Tenements @ AUSMON RESOURCES LIMITED | 6:475;000, 2 2 a 4 = 2 6,475,000, ic: = Stirling Vale s el Es EL 8747 , - = KEN Mt Darling Synforttics " EL 9230 : 6,450,000) _ SS 6,425,000, _ West HILL Cobalt (ASX:COB) \o00'oes Enmore Kanbarr: EL 8745 EL 9224 SRS, b 2] 6,425,000, EL 3220 \Q00l0ss
Slide 12: EL 8747 Stirling Vale 2020 Synform West RC Drilling
EL 8747 Stirling Vale 2020 Synform West RC Drilling • Completed 10 RC drillholes for 1,151m targeting a cobaltifereous pyritic interval hosted by an albitic gneiss in a similar stratigraphic horizon as is being developed by Cobalt Blue Holdings (ASX: COB) to the south west of Ausmon’s tenements. • S
Slide 13: Synform West significant drill intersections and outcrop geology
Synform West significant drill intersections and outcrop geology
Slide 14: EL 8747 Stirling Vale 2021 Porcupine Surficial Geochemical Sampling
EL 8747 Stirling Vale 2021 Porcupine Surficial Geochemical Sampling Six soil sampling grids and location of rock samples as yellow stars on outcrop geology
Slide 15: EL 8747 Stirling Vale 2021 Porcupine Surficial Geochemical Sampling
EL 8747 Stirling Vale 2021 Porcupine Surficial Geochemical Sampling Completed a soil and rock sampling program in the western half of the Stirling Vale tenement at the Porcupine Prospect: • 222 soil samples at 50 m intervals along E-W 100 m spaced lines collecting the <1 mm soil fraction and analyse
Slide 16: EL 8745 Kambarra– Eaglehawk Prospect
EL 8745 Kambarra– Eaglehawk Prospect Surface expression of Eaglehawk Prospect and a hand sample of the outcropping gossan
Slide 17: Eaglehawk IP Survey and geochemical/geological targets
EL 8745 Kambarra– Eaglehawk Prospect IP Survey and geochemical/geological targets
Slide 18: Eaglehawk 3D IP Chargeability Anomaly and Drill Holes
EL 8745 Kambarra– Eaglehawk 3D IP Chargeability Anomaly and Drill Holes Drilled: EHRC001(NK1), EHRCDD003(NK2), EHRC002(NK3) and EHRCDD004 (NK4)
Slide 19: EL 8745 Kambarra– Eaglehawk RC Drilling
EL 8745 Kambarra– Eaglehawk RC Drilling • 4 holes completed comprising 890 m of RC and 240 m of Diamond Core targeting an IP conductivity anomaly over a 1.4 km trend • Interpreted that the significant 18 m zone of 5% -10% pyrite and other intervals with trace to 5% pyrite that the IP target had been
Slide 20: Newly Granted Broken Hill Tenements
Newly Granted Broken Hill Tenements EL 9220 Enmore, EL 9224 Eureka and EL 9230 Mt Darling • The Company has expanded its Broken Hill footprint with 3 newly granted tenements to the east and south east of Broken Hill. • The areas are prospective for Broken Hill style copper, lead and zinc, Iron Oxide
Slide 21: EL 9224 Eureka and EL 9220 Outcrop Geology
EL 9224 Eureka and EL 9220 Outcrop Geology Transported cover sediments shown in shades of yellow
Slide 22: EL 9230 Mt Darling Magnetic Image
EL 9230 Mt Darling Magnetic Image Aeromagnetic Image showing folded stratigraphy at both Mt Darling and Stirling Vale – Most of Mt Darling is covered by transported sediments with the aeromagnetics providing targets beneath the sediments
Slide 23: Broken Hill Tenements Next Phase of Exploration
Broken Hill Tenements Next Phase of Exploration EL 8747 Stirling Vale • Review results from the RC drilling program • Use the spectral mineralogy as a possible “vector” to deeper mineralised systems • Evaluation of historical drill testing of conductive targets to the west of the Synform West Prospe
Slide 24: Broken Hill Tenements Next Phase of Exploration
Broken Hill Tenements Next Phase of Exploration New ELs Enmore, Eureka and Mt Darling • Finalise compilation of all historic exploration • Based on the lithostructural interpretation and a review of the regolith/geological mapping select targets for first pass exploration • Field visit to selected t
Slide 25: Tumut Tenements
Tumut Tenements azurite (copper carbonate) from the historic McAlpine Copper Mine
Slide 26: EL 8954 Brungle Creek and EL 9252 McAlpine
EL 8954 Brungle Creek and EL 9252 McAlpine
Slide 27: Brungle Creek and McAlpine Projects
Brungle Creek and McAlpine Projects Copper/Chromite/Cobalt/Gold/Nickel • The Coolac Serpentinite Belt hosts known undeveloped cobalt resources at Thadunggra • The southern portion of the Coolac Serpentinite Belt had very little modern exploration and “no drilling” • The area is known for small histo
Slide 28: EL 8954 Brungle Creek Mineral Occurrences
EL 8954– BRUNGLE CREEK Mineral Occurrences Several prospects have scattered shallow pits and shafts with historic data: • Geary’s Prospect – Rock assays to 20.4% Cu and 166 ppm Ag • Poplars Prospect – Quartz tourmaline veins in dacite, average assays of 34.23% As, 53.23 ppm Ag and 0.21 ppm Au • Emu
Slide 29: EL 8954 Brungle Creek Geology/Prospects
EL 8954– Brungle Creek Geology/Prospects
Slide 30: EL 8954 Brungle Creek Historic Cu ppm Rock Assays
EL 8954 Brungle Creek Historic Cu ppm Rock Assays
Slide 31: EL 8954 Brungle Creek Historic Au ppm Rock Assays
EL 8954 Brungle Creek Historic Au ppm Rock Assays
Slide 32: EL 8954 Brungle Creek Exploration Results
EL 8954– Brungle Creek Exploration Results • In March 2021 completed initial exploration phase of exploration with sampling of known prospects and meetings with landholders who were all supportive of our exploration • A total of 35 rock samples were collected along with geological observations at ea
Slide 33: EL 8954 Brungle Creek Chromite Samples
EL 8954 Brungle Creek Chromite Samples in AR Serpentinised Ultramafic AUSMON RESOURCES
Slide 34: EL 8954 Brungle Creek Sampling Sites
EL 8954 Brungle Creek Sampling Sites
Slide 35: EL 9252 McAlpine Geology/Prospects
EL 9252– McAlpine Geology/Prospects
Slide 36: EL 9252 McAlpine Historic Cu ppm Rock Assays
EL 9252 McAlpine Historic Cu ppm Rock Assays
Slide 37: EL 9252 McAlpine Historic Au ppm Rock Assays
EL 9252 McAlpine Historic Au ppm Rock Assays
Slide 38: Brungle Creek and McAlpine Remote Sensing
Brungle Creek and McAlpine Remote Sensing • WA based company Earthscan was contracted to acquire, process and interpret Satellite Imagery with a view to targeting areas of alteration and possibly mineralisation On next slide: • The image on the left is a processed image comprising high spectral reso
Slide 39: Brungle Creek and McAlpine Remote Sensing
Brungle Creek and McAlpine Remote Sensing Earthscan were contracted to process and interpret remote sensing imagery with a view to targeting areas of alteration Left image: Processed data with targets Right image: Targets and historical workings
Slide 40: Brungle Creek Next Phase of Exploration
Brungle Creek Next Phase of Exploration • Compile and review all historic exploration including drilling • Soil and rock sampling of Priority 1 target areas defined from the Remote Sensing study • Visit historic prospects not inspected in the initial field visit • Further meetings with landholders
Slide 41: SA: Limestone Coast
SA : Limestone Coast NW SE Oriented Sand Dunes adjacent to the SA coastline
Slide 42: SA: Limestone Coast REE Exploration
SA : Limestone Coast REE Exploration • The Company has lodged 3 tenement applications within the Limestone Coast to the SE of Adelaide for Rare Earth Element (REE) exploration • The tenements are located in the Murray and Otway Basins • The target REE areas are within the Loxton Sands or equivalents
Slide 43: SA: Limestone Coast Tenements
SA : Limestone Coast Tenements SA Tenement Applications in red and Tertiary Strandlines in yellow
Slide 44: Limestone Coast Initial Phase of Exploration
SA : Limestone Coast when tenements granted Initial Phase of Exploration • Compile and review all historic exploration including drilling • Initial field visit to meet the landholders and determine access to the exploration sites • Collect fine fraction dune samples to be analysed for REE’s • Comple
Slide 45: Competent Person Statement
COMPETENT PERSON STATEMENT Notes Specific - ASX Announcements AGM Presentation The following announcements were lodged with the ASX (including supporting JORC Reporting Tables) and details for each of the sections noted in this Presentation and can be found in the announcements. Note that these anno
Slide 46: Final slide for the presentation
FINAL SLIDE FOR THE PRESENTATION Thank you for listening to my AGM presentation
Ausmon Resources — Shareholder Meeting (November 2021) on 6ix