Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Shareholder Meeting (November 2013)
30 slides from Liontown's shareholder meeting presentation, Nov 28, 2013
Slide 1: Liontown Resources Annual General Meeting
For personal use only Liontown Resources Annual General Meeting 28th November 2013 ASX Code: LTR
Slide 2: Disclaimer
Disclaimer Disclaimer: For personal use only • 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 27th November 2013. This presentation may c
Slide 3: Corporate Overview
Corporate Overview For personal use only Focused on discovering stand-alone gold deposits in Tanzania, East Africa – one of the world’s most prospective gold provinces. ASX Code LTR Shares on Issue ~393 million Market Capitalisation ~$4 million (at 1cps) Tim Goyder ~28% Major Shareholders Delta Reso
Slide 4: Experienced Board and Management
Experienced Board and Management For personal use only TIM GOYDER – Non-Executive Chairman 30 years experience, Chairman – Chalice Gold, Director – Uranium Equities, Strike Energy DAVID RICHARDS – Managing Director 30 years experience, former Managing Director – Glengarry Resources CRAIG WILLIAMS –
Slide 5: Tanzanian Overview
Tanzanian Overview Potential for large scale gold discovery in proven For personal use only Lake Victoria Goldfield, northern Tanzania. • Jubilee Reef • Wholly owned • +22,200m of drilling since mid 2011 • Extensive gold mineralisation intersected near some of Tanzania’s largest gold mining operatio
Slide 6: The Right Place – Surrounded by Head Frames
The Right Place – Surrounded by “Head Frames” Lake Victoria Goldfield For personal use only • +50Moz gold endowment – home to several world-scale deposits • Multiple +10Moz deposits*: • Bulyanhulu (~17Moz) • Geita (~12.5Moz) • Six operating mines • Fourth biggest gold producer in Africa after S. Afr
Slide 7: Jubilee Reef – Highly Promising Results
Jubilee Reef – Highly Promising Results For personal use only Tembo Trenches up to 12m @ • 4 priority prospects 1.3g/t Au delineated – Masabi Hill, Panapendesa, Chela and Tembo Chela • Broad, near-surface gold Up to 4m @ 3.6g/t Au zones intersected at Masabi Hill and Panapendesa • Potential for larg
Slide 8: Jubilee Reef/Masabi Hill: Large Gold System Confirmed
Jubilee Reef/Masabi Hill: Large Gold System Confirmed • Early results highlight potential For personal use only for repeats of nearby gold deposits • Results include: • 62m @ 2.4g/t Au (including 21m @ 4.7g/t Au) • 74m @ 1.8g/t Au (including 23m @ 2.9g/t Au) • 86m @ 1.7g/t Au (including 44m @ 3.0g/t
Slide 9: Jubilee Reef/Masabi Hill – Latest Intersection
Jubilee Reef/Masabi Hill – Latest Intersection Masabi Hill – Section 438950E • Located between For personal use only Discovery Zone and area of intense ABG drilling • Similar style of mineralisation as Discovery Zone • No follow up drilling 9
Slide 10: Jubilee Reef Project: Panapendesa
Jubilee Reef Project: Panapendesa For personal use only Tembo Trenches up to 12m @ 1.3g/t Au Chela Up to 4m @ 3.6g/t Au Panapendesa Up to 39m @ 1.9g/t Au Masabi Hill Up to 44m @ 3.0g/t Au 0 2 kilometres 10
Slide 11: Jubilee Reef: Panapendeza Drill Plan
Jubilee Reef : Panapendeza Drill Plan For personal use only 11
Slide 12: Jubilee Reef Project: Panapendeza Drill Section
Jubilee Reef Project: Panapendeza Drill Section For personal use only • Intersected on five traverses over ~350m strike • Multiple, steep dipping lodes? • Hosted by mixed sediment package • Open at depth and along strike 12
Slide 13: Jubilee Reef Project: Chela and Tembo
Jubilee Reef Project: Chela and Tembo For personal use only Tembo Trenches up to 12m @ 1.3g/t Au Chela Up to 4m @ 3.6g/t Au Panapendesa Up to 39m @ 1.9g/t Au Masabi Hill Up to 44m @ 3.0g/t Au 0 2 kilometres 13
Slide 14: Jubilee Reef Project: Tembo
Jubilee Reef Project: Tembo For personal use only 10m @ 0.4g/t Au 12m @ 1.3g/t Au • Newly discovered New Gold Zone gold zone • Large, high order, gold-in-soil anomaly • >1.2km gold trend defined by limited, wide spaced 4m @ 1.0g/t Au (>500m) trenching • Infill trenching 11m @ 1.7g/t Au and planned 8
Slide 15: Jubilee Reef Project: Chela
Jubilee Reef Project: Chela For personal use only • Granitoid hosted gold system • Totally obscured by cover • Numerous gold intersections from shallow bedrock geochemical drilling • Few deep holes • Limits of system not yet defined • Potential to be large • Geita analogy 15
Slide 16: Jubilee Reef Project – The Next Step
Jubilee Reef Project – The Next Step For personal use only • 10,000m drill program Masabi – confirm orientation of high grade shoots Tembo – define bedrock trends with further trenching and test with drilling Chela – define limits of mineralisation and identify bedrock source of gold 16
Slide 17: Rupa Suguti Project – High Grade Potential
Rupa Suguti Project – High Grade Potential • New project (April 2013) For personal use only • Option to acquire 100% • Immediate, >700m long, target (Chirorwe) with historic high grade intersections – open in all directions • Initial RC drill program (9 holes/750m) confirms high grades • Part of >7k
Slide 18: Rupa Suguti Project: Chirorwe Drilling
Rupa Suguti Project: Chirorwe Drilling For personal use only • Intersected on five traverses over ~350m strike • Multiple, steep dipping lodes? • Hosted by mixed sediment package • Open at depth and along strike Recent Drilling Historic results confirmed (including • 5m @ 3.8g/t Au from 59m incl.
Slide 19: Mt Windsor: Regional Setting
Mt Windsor: Regional Setting For personal use only Allandale Kookaburra Defined drill targets in world class mineral province
Slide 20: Mt Windsor: Kookaburra – >1km long, multi-metal target
Mt Windsor: Kookaburra – >1km long, multi-metal target For personal use only • Anomalous precious and base metals • Extensive soil anomalism open to west and south • Limited drill testing of northern part of anomaly has returned individual metres up to 0.66g/t Au, 1.7% Cu and 1.3% Mo • Broad interva
Slide 21: Mt Windsor: Allandale – High level, epithermal system?
Mt Windsor : Allandale – High level, epithermal system? For personal use only Main Zone 500m • 4km long system defined by soil geochemistry and geology • Rock chip samples to 1.9g/t Au, 3,412ppm As and 1,619ppm Sb • Previous drilling (1992) intersected broad zones of anomalous gold and pathfinders (
Slide 22: Summary
Summary For personal use only • Focused, Australian-based gold explorer • Accomplished team with strong discovery track record • Emerging gold systems of significant size and scale in northern Tanzania Jubilee Reef – wholly owned Rupa Suguti – option to acquire 100% • Focussed land position in N
Slide 23: ASX Code: LTR
For personal use only ASX Code: LTR
Slide 24: Appendix 1 - Masabi Hill/RC Drill Intersections
Appendix 1- Masabi Hill/RC Drill Intersections Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) HOLEID Easting Northing Azimuth Dip DEPTH Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) From To Interval Grade From To Interval Grade HOLEID Ea
Slide 25: Appendix (cont)
Appendix 1 (cont) Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) HOLEID Easting Northing Azimuth Dip DEPTH HOLEID Easting Northing Azimuth Dip DEPTH From To Interval Grade From To Interval Gr
Slide 26: Appendix – Panapendesa RC Drill Intersections
Appendix 2 – Panapendesa RC Drill Intersections Signifcant Intersections (>0.1g/t Au) Signifcant Intersections (>0.5g/t Au) HOLEID Easting Northing Azimuth Dip DEPTH From To Interval Grade From To Interval Grade For personal use only 0 6 6 0.25 JRRC-4 441183 9607735 45 -60 102 60 69 9 0.19 90 93 3 9
Slide 27: Appendix – Chela 2012 Aircore Drill Intersections
Appendix 3 – Chela 2012 Aircore Drill Intersections Significant Intersections (>0.1g/t Au) Significant Intersections (>0.5g/t Au) HOLEID Easting Northing DEPTH From To Interval Grade From To Interval Grade For personal use only JLRB646 445383 9610631 27 20 24 4* 0.1 JLRB647 445398 9610593 27 24 27 3
Slide 28: Appendix 4 – Rupa Suguti Drilling
•APPENDIX 1: Chirorwe Prospect – Liontown RC Drilling statistics Appendix 4 – Rupa Suguti Drilling Significant Intersections (>0.25g/t) Significant Intersections (>1g/t) HOLEID EAST NORTH RL DEPTH Azimuth Dip From To Interval Grade From To Interval Grade Table 1 For personal use only SCRC017 4026 88
Slide 29: Appendix – Mt Windsor - Kookaburra Drill Statistics
Appendix 5 – Mt Windsor - Kookaburra Drill Statistics F/Depth From Interval Hole Id Easting Northing Az/Dip To (m) g/t Au (m) (m) (m) For personal use only GBRC0001 467400 7737785 -60/030 100 76 77 1 0.12 GBRC0002 467375 7737740 -60/030 100 0 1 1 0.17 GBRC0003 467350 7737700 -60/030 150 14 18 4 0.11
Slide 30: Appendix – Mt Windsor - Allandale Drill Statistics
Appendix 6 – Mt Windsor - Allandale Drill Statistics For personal use only CRA 1992 Historic Drill Statistics Significant (>0.1g/t) Au HOLEID EAST NORTH RL DEPTH AZIMUTH DIP From To Interval* Grade RC92AL01 354633 7749967 367.8 156 17 -60 87 93 6 0.15 21 36 15 0.16 RC92AL02 354589 7749902 364.2 72 1
Liontown Resources — Shareholder Meeting (November 2013) on 6ix