Sabre Resources Ltd · ASX:SBR
Sabre Resources — Shareholder Meeting (November 2012)
21 slides from Sabre Resources's shareholder meeting presentation, Nov 30, 2012
Slide 1: Exploring for Copper in the Otavi Mountain Land, Namibia
Exploring for Copper in the Otavi Mountain Land, Namibia For personal use only explore extend extract
Slide 2: Disclaimer & Declaration
Disclaimer & Declaration explore extend extract For personal use only This presentation has been prepared by Sabre Resources Ltd (“SBR”) as a summary of the company’s exploration and development activities, with particular reference to the Otavi Mountain Land Copper & Base Metals Project (‘OML’) in
Slide 3: Sabre Resources in Namibia
Sabre Resources in Namibia explore extend extract For personal use only • Sabre (ASX: SBR) is an ASX-listed copper focused, mineral exploration & development company, Otavi Mountain • Sabre’s main asset is the Otavi Mountain Land (OML) Land Copper & Base Metal Project in northern Namibia, Swakopmund
Slide 4: Why Copper?
Why Copper? explore extend extract For personal use only • Demand increasing for copper as the construction cycle matures in Asia, • Major mining houses continue to show long term confidence in copper e.g. BHP, Rio Tinto, Xstrata, • Copper remains a ‘metal in demand’ - used in tubing, alloys, teleco
Slide 5: Copper in the OML
Copper in the OML explore extend extract For personal use only *Pricing data courtesy of the USGS TCL – Tsumeb Corporation Ltd $10,000 World War 1 World War 2 Rise of Chinese Economy Great Depression Cold War $9,000 Namibian War of Independence SBR in OML Copper Price (US$/tonne) – Normalised to 199
Slide 6: Operating in Namibia
Operating in Namibia explore extend extract For personal use only • Namibia has a stable and democratic government, • Proven significant supplier of uranium, diamonds and copper with highly prospective geology, • Long established mining law and culture, • Mining/ exploration ‘friendly’ environment,
Slide 7: Mining Infrastructure in the OML
Mining Infrastructure in the OML explore extend extract For personal use only A key advantage of the OML is its long history of mining, with the associated culture and processing infrastructure. This includes: • Tsumeb Copper Smelter (Dundee PM) – US$145 million upgrade in progress to double capacit
Slide 8: The Pan African Mobile Belts
The Pan African Mobile Belts explore extend extract For personal use only Otavi Mountain Land Copper Project Angola Southern Craton Africa Zimbabwe Namib Copper Belt Craton • The Pan African Mobile Belts host some of Kaapvaal the worlds most economically significant, and Craton high-grade, copper de
Slide 9: Copper Trends in the OML
Copper Trends in the OML explore extend extract For personal use only • Two key copper trends identified within the OML project area: Lucas Post Cu-Pb-V, & Kombat Cu-Ag Trends. • Both trends cover more than 25km of strike and are strongly mineralised. • Exploration now focused on delineation of
Slide 10: Kombat Copper Trend
Kombat Copper Trend explore extend extract For personal use only Baltika 10 kilometres Gross Otavi Kupferberg (Excised) Sommerau Odin Pb-Zn Clubhead Pb-Zn Guchab Nord Schlenters Rietfontein Pb-Zn Schneiderhohn Otjirukaku Pb-Zn Nehlen Rodgerberg Witvark KOMBAT MINE Rendezvous Guchab Prod: 8.7 Mt @ 3.
Slide 11: Guchab Copper Mining Centre
Guchab Copper Mining Centre explore extend extract For personal use only • The Guchab mining centre was discovered and operated in the early 1900’s, • The mining area was worked as a series of shallow open pits, box cuts and adits, with the most extensive underground workings in the ‘High Valley’, •
Slide 12: Guchab – Diamond Drilling
Guchab – Diamond Drilling explore extend extract For personal use only Sabre initiated a programme of reconnaissance drilling at Guchab in July 2012 to test several zones of outcropping mineralisation, A diamond rig is being used for this exploration as it is the most portable unit available giv
Slide 13: Guchab – Prospects & Drill Pads
Guchab – Prospects & Drill Pads explore extend extract For personal use only Guchab Mining Centre, Kombat Copper Trend, Otavi Mountain Land. Copper in Soils (ppm) >5000 1000-4999 500-999 100-499 Schlangental – RC Target Drill Pad 4 – High Valley Schlangenberg Mine Workings, Mine Workings, Diamond Dr
Slide 14: Guchab – Priority Exploration Area
Guchab – Priority Exploration Area explore extend extract For personal use only Drill Pad Two (Behind Hill) High Valley (Drill Pad Four) Eastern Adits High Valley Drill Pad One Underground Mine Workings Lower Valley Surface Mine Workings Presentation to the SBR Annual General Meeting, November 2012
Slide 15: Guchab – Other Prospects
Guchab – Other Prospects explore extend extract For personal use only Schlangental • Located in the valley immediately to the west of Guchab, • Open pit workings in valley floor, • Mapping shows sub cropping mineralisation on east-west trend, • Sampling programme underway in preparation for RC drill
Slide 16: Lucas Post Copper Trend
Lucas Post Copper Trend explore extend extract For personal use only Teco Rooikat Harasib II Jagers Tigerschlught Uitsab Uitsabpad Kaskara Driehoek Zn-Pb Rooivark 10 kilometres Copper Surface Geochemistry • The Lucas Post Trend covers more than 25 km of strike and hosts a number of copper and vanadi
Slide 17: Lucas Post Trend - Kaskara
Lucas Post Trend - Kaskara explore extend extract For personal use only • Identified by SBR & DH Discovery as a ‘conceptual target’, • Kaskara is highlighted by high-grade surface geochemistry over more than 2,500 metres of strike (with up to 23% Copper & 3% Vanadium), • Deep weathering profile and
Slide 18: Kaskara Cu/ Fe-Pb-V Deposit
Kaskara Cu/ Fe-Pb-V Deposit explore extend extract For personal use only • Kaskara shows ‘Tsumeb-style’ Diagrammatic Cross Section Harasib III O/P mineralisation, namely Cu-Pb-V, with a Kaskara Outcrop deep weathering profile, Outcrop of Gossans • Covers more than 2,500 metres of strike, Harasib Dri
Slide 19: Kaskara Cu/ Fe-Pb-V – RC Drilling
Kaskara Cu/ Fe-Pb-V – RC Drillingexplore extend extract For personal use only • RC drilling commenced at Kaskara in late October 2012, • Ten holes completed to date, with drilling proving technically challenging due fractured ground conditions and friable Fe-Pb-V oxide mineralisation, • Drilling com
Slide 20: Sabre Resources – Summary
Sabre Resources – Summary explore extend extract For personal use only • Sabre holds an extensive ground position in the established Otavi Mountain Land copper province, • Sabre’s targets range from green fields geochemical anomalies to resource delineation, • Sabre’s work programme is focused on co
Slide 21: Sabre Resources – Corporate
Sabre Resources – Corporate explore extend extract For personal use only Issued Capital 226,472,228 Ordinary Shares Board & Management (as of 1 October 2012) David Zukerman – Executive Director Major Shareholders & Associates Michael Scivolo – Non-Executive Director Coniston Pty Ltd 30.55% Jonathan
Sabre Resources — Shareholder Meeting (November 2012) on 6ix