Taruga Minerals Limited · ASX:TAR
Taruga Minerals — Gold Coast Investment Showcase Conference 2022
21 slides from Taruga Minerals's conference presentation, Jun 23, 2022
Slide 1: Gold Coast Investment Showcase Conference Presentation (ASX announcement)
ASX ANNOUNCEMENT 23/06/2022 Gold Coast Investment Showcase Conference Presentation For personal use only Taruga Minerals Limited (ASX: TAR, Taruga or the Company) is pleased to provide an investor presentation on its South Australian copper and REE projects. CEO Thomas Line will be presenting at the
Slide 2: Actively Exploring for Copper and Rare Earth Elements in South Australia
For personal use only Actively Exploring for Copper and Rare Earth Elements in South Australia Gold Coast Investment Conference June 23 2022
Slide 3: Corporate Overview
Corporate Overview Copper and Rare Earth Element focussed Share Price and Volume (Jan-Jun 2022) For personal use only exploration in South Australia CAPITALISATION DATA(1) A$0.021 578M A$0.65M SHARE PRICE BASIC S/O RECEIVABLES (3) A$12.7M A$2.6M MARKET CAP NET CASH(2) MANAGEMENT AND BOARD THOMAS LIN
Slide 4: Performance Snapshot Jan-June
Performance Snapshot Jan-June For personal use only CORPORATE ESG TARGET GENERATION PROJECT GENERATION ADVANCEMENT 850km2 1 Morgan’s 14 2 Regional Airborne new tenement Creek price sensitive Local Aboriginal magnetics program granted Positive ASX announcements businesses engaged for completed at Mt
Slide 5: Why Rare Earths and Copper
Q: Why Rare Earths and Copper • Rare Earths and Copper play a critical role in the future of For personal use only clean energy and electrification • Market demand rapidly increasing • Magnetic Rare Earth Elements MREE’s (Nd + Pr + Dy + Tb) are used to create REE permanent magnets, a key component i
Slide 6: Clay and Regolith REE Peers
Clay and Regolith REE Peers • TAR MC of ~$12M (post-discovery, pre-resource; 100% project For personal use only ownership) TARUGA = Copper + REE’s • Average MC of pre-resource REE peers ~$30M (~2.5 x higher than TAR’s current MC) • TAR has strong copper exposure in addition to REE’s • Itech Minerals
Slide 7: South Australian Projects
For personal use only South Australian Projects Copper and Rare Earth Elements 6
Slide 8: Copper + Rare Earths in South Australia
Copper + Rare Earths in South Australia WHY SOUTH AUSTRALIA? For personal use only Gawler Craton – Home of Copper Giants • Olympic Dam (10 billion tonnes @ 0.82% Cu, 0.31g/t Au, 1.6g/t Ag 260ppm U308) ~ 160km • Carrapateena (760 Mt @ 0.78% Cu, 0.3g/t Au, 3.3g/t Ag and 143ppm U3O8) ~ 60km Adelaide Fo
Slide 9: Mt Craig Project Summary
SUMMARY For personal use only Mt Craig Project 34km strike with proven high-grade copper and Rare Earth Elements • Targeting sediment-hosted copper and ionic adsorption clay style rare earth elements • Same geological setting as the Central African Copperbelt, with diapiric brecccias and reduced bla
Slide 10: Morgan's Creek
For personal use only Morgan’s Creek IAC style Rare Earth Elements (REE’s) • REE’s and copper discovered in 2021 drilling program, over a 6km x 2km zone which remains open • REE enriched in high-value magnetic REE’s (Nd + Pr + Dy + Tb) • Many of the REE’s hosted in clay and weathered saprock • Preli
Slide 11: Wyacca
For personal use only Wyacca Sediment-hosted copper • History of artisanal mining dating back to 1863 • High-grade sediment hosted Cu intercepted in May 2021 • Significant intercepts include: • 11m @ 1.5% Cu from 85m Including 4m @ 2.7% Cu from 85m • 7m @ 1.8% Cu from 85m Including 4m @ 3.1% Cu from
Slide 12: Birthday Ridge
For personal use only Birthday Ridge Sediment-hosted Cu from Surface • Sediment-hosted copper deposit discovered in the 1960’s, adjacent to the Worrumba Anticline • 2km strike (open in all directions) • Very shallow drilling, often starting and ending in mineralisation – mainly in the oxide/leached
Slide 13: Flinders & Torrens Iron-Oxide-Copper-Gold (IOCG)
For personal use only Flinders & Torrens Iron-Oxide-Copper-Gold (IOCG) Cu-Au-Ag 12
Slide 14: Flinders and Torrens IOCG Projects
For personal use only SUMMARY Flinders and Torrens IOCG Projects High-grade IOCG targets over 15km of strike • Well defined drill targets over 15km of strike at Flinders • ~ 1500km2 land position • Outcropping high-grade IOCG breccias (Cu-Au-Ag) supported by strong gravity and magnetic anomalies – n
Slide 15: Western Australia Ultramafic Ni-Cu-PGE
For personal use only Western Australia Ultramafic Ni-Cu-PGE Magmatic Ni-Cu 14
Slide 16: Green Rocks JV with Peak Minerals (PUA)
Green Rocks JV with Peak Minerals (PUA) Magmatic Ni-Cu project For personal use only • Peak Minerals PUA have an option to earn 80% from Taruga • PUA currently drilling strong EM conductors at “Target B • Aircore drilling at Target B intercepted strong Ni anomalism and confirmed ultramafics • RC dri
Slide 17: Manjimup Southwest Project
Manjimup Southwest Project (100% TAR) Prospective for nickel, copper, gold and PGE’S For personal use only E70/5039 (Kingston Ni-Cu-PGE Project) Application 100% TAR • Adjoins the Chalice Mines (ASX:CHN)/Venture Minerals (ASX:VMS) JV • Potential for Julimar-Style Ni-Cu-PGE mineralisation (massive su
Slide 18: Take Home Messages
For personal use only Take Home Messages • Discovery focussed active explorers with a strong ESG framework • Strong land position ~ >3000km2 • Complimentary portfolio of strong copper and rare earth element projects • $650k of state government funding recently awarded • Drilling program commencing n
Slide 19: Appendix
For personal use only APPENDIX Appendix
Slide 20: Competent Person Statement & Disclaimer
Competent Person Statement & Disclaimer The information contained in this presentation has been prepared by Taruga Minerals Limited (Company). For personal use only Competent Person Statement The information in this report that relates to exploration results is based on, and fairly represents inform
Slide 21: Contact
For personal use only Contact Thomas Line Chief Executive Officer Thomas.line@tarugaminerals.com.au +61 8 9486 4036 Website: www.tarugaminerals.com.au LinkedIn: taruga-minerals-limited Twitter: @MineralsTaruga
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