Stavely Minerals Ltd · ASX:SVY
Stavely Minerals — Investor Presentation (May 2024)
37 slides from Stavely Minerals's investor presentation, May 27, 2024
Slide 1: Finding the energy metals the world needs for a low-carbon future
For personal use only Finding the energy metals the world needs for a low-carbon future High-Impact Exploration in Emerging Copper and Nickel Provinces May 2024 1
Slide 2: Disclaimer
Disclaimer ● This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of For personal use only the Company’s projects,
Slide 3: A Modern Australian Energy Metals Growth Company
A Modern Australian Energy Metals Growth Company What does Stavely Minerals offer that is different? For personal use only BIG targets 3
Slide 4: BIG Targets
BIG Targets Stavely Project - Thursday’s Gossan Prospect ● High-Grade Cayley Lode Cu-Au-Ag discovery For personal use only ● 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag 2 ● Junction Lode ● 35m at 3.44% Cu and 26g/t Ag ● New structural interpretation provides discovery opportunity Stavely Project - S
Slide 5: Stavely Project
For personal use only Stavely Project 5
Slide 6: Stavely Project
Stavely Project ● Discovery– outstanding shallow high-grade copper-gold-silver discovery (September 2019), the Cayley Lode For personal use only ● New style of mineralisation – Magma/Butte copper lode-style system, never before seen in Australia ● Multiple regional discovery opportunities: ● Junctio
Slide 7: The Cayley Lode Mineral Resources Estimate
The Cayley Lode Mineral Resources Estimate ● Discovery– outstanding shallow high-grade copper-gold-silver discovery (September 2019), the Cayley Lode For personal use only ● Cayley Lode MRE1 – 9.3Mt at 1.23% Cu, 0.23g/t Au and 7.1g/t Ag ● Total Resources – 28.3Mt at 0.75% Cu, 0.11g/t Au and 3.5g/t A
Slide 8: Junction Lode Discovery Opportunity
For personal use only Junction Lode Discovery Opportunity 8
Slide 9: Junction Lode Discovery Opportunity
Junction Lode Discovery Opportunity Junction is the largest copper in soil auger anomaly in the entire Stavely Project, located ~2km south of the Cayley Lode. For personal use only Historic intercepts at the Junction Prospect include1: ● 35m at 3.44% Cu and 26g/t Ag from 24m drill depth to end-of-ho
Slide 10: Junction Lode Discovery Opportunity
Junction Lode Discovery Opportunity Historic intercepts at the Junction Prospect include1: ● 35m at 3.44% Cu and 26g/t Ag from 24m drill depth to For personal use only end-of-hole (EoH) in TGAC078 ● 11m at 1.72% Cu and 26g/t Ag from 33m in TGRC087 ● 6m at 2.15% Cu and 8g/t Ag from 2m and 6m at 3.90%
Slide 11: Junction Lode Discovery Opportunity
Junction Lode Discovery Opportunity Historic intercepts at the Junction Prospect include1: ● 35m at 3.44% Cu and 26g/t Ag from 24m drill depth to For personal use only end-of-hole (EoH) in TGAC078 ● 11m at 1.72% Cu and 26g/t Ag from 33m in TGRC087 ● 6m at 2.15% Cu and 8g/t Ag from 2m and 6m at 3.90%
Slide 12: Junction Lode Discovery Opportunity
Junction Lode Discovery Opportunity For personal use only Potential for +500m strike extend extending east to Stavely Minerals’ diamond drill hole SMD002 ● 5m at 1.38% Cu, 0.25g/t Au and 12g/t Ag from 332m 1 see ASX announcement 14 May 2024 12
Slide 13: S41 Breccia-Hosted Gold Target
For personal use only S41 Breccia-Hosted Gold Target 13
Slide 14: Emerging Discovery? – The S41 Breccia Prospect
Emerging Discovery? – The S41 Breccia Prospect Magnetics Gravity S41 Prospect Aircore ● 4m at 2.21g/t Au from For personal use only 96m drill depth, including: ● 2m at 3.92g/t Au from 98m in aircore drilling ● Large 2km alteration zone ● Strongly anomalous base metals and pathfinder geochemistry See
Slide 15: Emerging Discovery? – The S41 Breccia Prospect
Emerging Discovery? – The S41 Breccia Prospect S41 Diamond Drill Hole ● Only one diamond drill hole in the 2,000m x For personal use only 750m interpreted breccia system ● 1m at 2.16g/t Au from 282m drill depth ● 37m at 0.10g/t Au, including: ● 2m at 0.56g/t Au from 320m, and ● 5m at 24.3g/t Ag from
Slide 16: Emerging Discovery? – The S41 Breccia Prospect
Emerging Discovery? – The S41 Breccia Prospect S41 Diamond Drill Hole ● Only one diamond drill hole in the 2,000m x For personal use only 750m interpreted breccia system ● 1m at 2.16g/t Au from 282m drill depth ● 37m at 0.10g/t Au, including: ● 2m at 0.56g/t Au from 320m, and ● 5m at 24.3g/t Ag from
Slide 17: The demise of sulphide nickel has been grossly exaggerated
For personal use only The demise of sulphide nickel has been grossly exaggerated - with apologies to Mark Twain 17
Slide 18: The demise of sulphide nickel has been grossly exaggerated
The demise of sulphide nickel has been grossly exaggerated The current nickel price is not at historic For personal use only lows 25-year Ni US$/t monthly average price ● Emily Ann commences Ni production with ~US$6,000/t nickel price USD$20,250 ● Nova-Bollinger commences production into a falling n
Slide 19: Why Magmatic Nickel Sulphide?
Why Magmatic Nickel Sulphide? BUT – the key reason sulphide nickel will remain an attractive investment proposition is because a quality sulphide For personal use only nickel deposit is lower on the cost curve, and more profitable per production unit than laterite nickel. AND, despite approaching en
Slide 20: Why Magmatic Nickel Sulphide?
Why Magmatic Nickel Sulphide? BUT – the key reason sulphide nickel will remain an attractive investment proposition is because a quality sulphide For personal use only nickel deposit is lower on the cost curve, and more profitable per production unit than laterite nickel. AND, despite approaching en
Slide 21: Magmatic Nickel Sulphide v Kambalda-Style Nickel Sulphide
Magmatic Nickel Sulphide v Kambalda-Style Nickel Sulphide Komatiite-hosted nickel sulphides are naturally high-cost producers For personal use only Comparatively low-tonnage per vertical metre komatiite sulphide operations (e.g. Mincor, Leinster) are higher cost than magmatic nickel deposits. Magmat
Slide 22: The demise of sulphide nickel has been grossly exaggerated
The demise of sulphide nickel has been grossly exaggerated Komatiite-hosted nickel sulphides are naturally high-cost producers For personal use only Comparatively low-tonnage per vertical metre Komatiite sulphide operations (e.g. Mincor, Leinster) are higher cost than magmatic nickel deposits. Magma
Slide 23: The demise of sulphide nickel has been grossly exaggerated
The demise of sulphide nickel has been grossly exaggerated Komatiite-hosted nickel sulphides are naturally high-cost producers For personal use only Comparatively low-tonnage per vertical metre Komatiite sulphide operations (e.g. Mincor, Leinster) are higher cost than Magmatic nickel deposits. Magma
Slide 24: The Hawkstone Magmatic Nickel-Copper Project
For personal use only The Hawkstone Magmatic Nickel-Copper Project 24
Slide 25: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project ● ~870km 100% tenure 2 For personal use only ● ~30km of the prospective Ruins Dolerite ● Buxton / IGO JV Merlin discovery 1km from tenement boundary ● Complementary field season (winter) to the Stavely Project (summer) ● Potential for Li pegmatit
Slide 26: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project NEW IGO / BUX Dogleg nickel discovery For personal use only (Quick Shears) 13km NW of Merlin / Double Magic1: • 23WKDD003 – 13.85m @ 4.35% Ni, 0.34% Cu and 0.15% Co from 177.34m, incl. • 5.86m @ 7.47% Ni, 0.31% Cu and 0.25% Co • 23WKDD004 – 2.89m
Slide 27: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project ● Stavely Minerals has flown the Falcon For personal use only Gravity gradiometer and magnetic survey over the Hawkstone Project ● Gravity data shows an interpreted ~20km mafic / ultramafic magma chamber at depth ● Perfect host environment for a
Slide 28: Hawkstone Ni-Cu-Co Project
Hawkstone Ni-Cu-Co Project Hawkstone Ni-Cu-Co Project ● First-stage of on-ground exploration to For personal use only commence with a large moving-loop EM (MLEM) survey ● WA EIS co-funding grant of up to $230,000 ● Next stage RC drilling of shallow conductors to 200m ● WA EIS co-funding grant of up
Slide 29: Work Programme
For personal use only Work Programme 29
Slide 30: 12-month Work Programme
12-month Work Programme ACTIVITY Q2 2024 Q3 2024 Q4 2024 Q1 2025 STAVELY PROJECT Junction Prospect For personal use only Continue drilling if new interpretation correct Diamond Drill New Interpretation S41 Breccia-hosted Gold IP geophysical survey Too Wet?? Aircore drilling Diamond drilling Dry Toor
Slide 31: Corporate Summary
Corporate Summary CAPITAL STRUCTURE 12-month Share Price to 24 May 2024 ASX Ticker SVY $0.18 8,000,000 For personal use only Share Price (24/05/24) $0.048 $0.16 7,000,000 Close Volume Shares on Issue 382M $0.14 6,000,000 $0.12 Cash (31/03/24) $0.96M 5,000,000 $0.10 Market Capitalisation $18.3M 4,000
Slide 32: Summary – Key Investment Takeaways
Summary – Key Investment Takeaways The Cayley Lode is a quality high-grade copper-gold-silver Mineral Resource from surface We believe there is potential for local processing of high-grade, small-footprint underground production – Commercial Viability Study has commenced For personal use only
Slide 33: Copper and Nickel …the Ultimate “Future-Facing” Commodities
Copper and Nickel …the Ultimate “Future-Facing” Commodities In order to migrate to a low-carbon For personal use only economy and provide alternative energy solutions, certain strategic minerals are required to build the wind 3.6 tonnes of copper for every MW of wind farms, solar farms, electric veh
Slide 34: Copper and Nickel…Compelling Market Fundamentals
Copper and Nickel…Compelling Market Fundamentals There are very few high-quality For personal use only projects coming on stream in first world jurisdictions Escondida, the world’s largest copper mine: • 1.72% Cu average head grade in 2007 • 0.52% Ore Reserve grade in 2019 CRU estimates a 15 million
Slide 35: Contact Us
For personal use only Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au info@stavely.com.au Ph: 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it i
Slide 36: Appendix 1: Mineral Resources
For personal use only Appendix 1: Mineral Resources 36
Slide 37: Appendix 1: Mineral Resources Classifications
Appendix 1: Mineral Resources Classifications Table 1. Cayley Lode Initial Mineral Resource estimate Cut-off Grade Cont. Grade Cont. Grade Cont. Resource Resource Tonnes Material Category (Mt) Cu For personal use only (Cu %) (Cu %) (Au g/t) Au (oz) (Ag g/t) Ag (oz) (Mlbs) Primary Indicated 0.2 5.87