Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Adelaide Resources — 10th SA Exploration and Mining Conference (November 2013)
30 slides from Andromeda Metals's conference presentation, Nov 28, 2013
Slide 1: The Alford West Copper Prospect
For personal use only The Alford West Copper Prospect 10th SA Exploration and Mining Conference Presented by Chris Drown, Managing Director #1
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement For personal use only The information in this presentation is published to inform you about Adelaide Resources Limited and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involv
Slide 3: The Yorke Peninsula's "Copper Triangle"
The Yorke Peninsula’s “Copper Triangle” For personal use only “To the Colony of South Australia, copper was like a huge flywheel, generating wealth and activity.” (Blainey – The Rush That Never Ended) The Copper Triangle 1915 Richmans Enginehouse, Moonta #3
Slide 4: Adelaide Resources aims to turn the Copper Triangle into the Copper Polygon
For personal use only Adelaide Resources aims to turn the “Copper Triangle” into the “Copper Polygon”! #4
Slide 5: Olympic Copper-Gold Province – operating companies
Olympic Copper-Gold Province – operating companies For personal use only LEGEND Olympic Copper Gold Province Adelaide Resources All land in the Antofagasta OCGP where Areva exploration is BHPB Major allowed is FMG companies pegged. Oz Minerals and copper Rex producers Rio Tinto dominate. Sandfire St
Slide 6: OCGP – depth to prospective basement
OCGP – depth to prospective basement For personal use only The Yorke Peninsula in general, and the A Moonta Project in particular, has the Prominent Hill (100m) shallowest cover anywhere along the Vulcan (900m) Challenger entire Olympic Copper Gold Province. Olympic Dam (330m) Carrapateena (470m) Pu
Slide 7: Moonta Project – modern exploration history timeline
Moonta Project – modern exploration history timeline For personal use only Copper Price Historical exploration at Moonta was dominated by mid caps and majors which needed to find very large resources. This presents Adelaide Resources with a valuable historical database and a scale opportunity. The o
Slide 8: "Buried Treasure" discovered in open file DMITRE report
“Buried Treasure” discovered in open file DMITRE report For personal use only 10m @ 2.3% Cu from 59m in old Alford hole AL11 #8
Slide 9: Moonta Project – location plan
Moonta Project – location plan For personal use only #9
Slide 10: West – magnetic image showing auger copper anomaly and drillhole collars
Alford West – magnetic image showing WMC/NBH 1970’s auger copper anomaly (>200ppm) and drillhole collars For personal use only Area of 2013 drilling #10
Slide 11: West Prospect – 2013 drilling summary
Alford West Prospect – 2013 drilling summary For personal use only Section 753,015mE Section Section Section 753,570mE 753,730mE 753,785mE #11
Slide 12: West Prospect – Section 753,015 mE
Alford West Prospect – Section 753,015 mE For personal use only 6m @ 0.77% Cu 6m @ 0.31% Cu, 0.20g/t Au 12m @ 0.41%12m Cu, 1.44g/t @ 0.41% Au Au Cu, 1.44g/t 9m @ 0.58% Cu, 0.08g/t Au 8m @ 0.81% Cu, 0.03g/t Au 5m @ 0.37% Cu, 0.01g/t Au 11m @ 0.57% Cu, 0.10g/t Au 7m @ 0.36% Cu 50m @ 0.44% Cu, 0.05g/t
Slide 13: West Prospect – Section 753,730 mE
Alford West Prospect – Section 753,730 mE For personal use only 20m @ 4.20% Cu, 0.27g/t Au 20m @ 4.20% Cu, 0.27g/t Au 11m @ 2.33% Cu, 0.68g/t Au 11m @ 2.33% Cu, 0.68g/t Au 6m @ 0.86% Cu, 0.06g/t Au 5m @ 0.92% Cu, 0.15g/t Au 18m 18m@ 2.22% @ 2.22% Cu, 0.17g/t Cu, 0.17g/t Au Au 4 @ 1.38% Cu, 0.44g/t A
Slide 14: West Prospect – Section 753,785 mE
Alford West Prospect – Section 753,785 mE For personal use only 14m14m @ Cu, @ 2.60% 2.60% 0.70g/tCu, Au 0.70g/t Au 19m @ 0.29% Cu, 0.05g/t Au 20m @ 1.76% Cu, 0.33g/t Au 45m @ 1.56% Cu, 1.83g/t Au 20m @ 1.76% Cu, 0.33g/t Au 45m @ 1.56% Cu, 1.83g/t Au 30m @ 0.41% Cu, 0.30g/t Au 24m @ 0.41% Cu, 0.16g/
Slide 15: West – current 3-D model (ADN drilling only)
Alford West – current 3-D model (ADN drilling only) For personal use only 3-D model looking SE #15
Slide 16: West – current 3-D model (ADN drilling only)
Alford West – current 3-D model (ADN drilling only) For personal use only 3-D model looking down 1100 metres 340 metres #16
Slide 17: 1970's shallow auger hits give confidence the deposit will grow
1970’s shallow auger hits give confidence the deposit will grow! For personal use only 5.49m (to EOH) @ 0.82% Cu 1.83m @ 1.40% Cu 1.83m (to EOH) @ 0.18% Cu 9.75m (to EOH) @ 0.68% Cu 10.36m (to EOH) @ 0.54% Cu 4.57m (to EOH) @ 1.64% Cu 6.1m (to EOH) @ 0.44% Cu Depths of annotated auger holes range fr
Slide 18: Geochemical behaviour of metals in the regolith
Geochemical behaviour of metals in the regolith For personal use only #18
Slide 19: Geochemical behaviour of metals in the regolith
Geochemical behaviour of metals in the regolith For personal use only #19
Slide 20: Geochemical behaviour of metals in the regolith
Geochemical behaviour of metals in the regolith For personal use only #20
Slide 21: Other geochemical observations
Other geochemical observations For personal use only #21
Slide 22: Other geochemical observations
Other geochemical observations For personal use only #22
Slide 23: Other geochemical observations
Other geochemical observations For personal use only >10% Fe >5% Fe #23
Slide 24: Other geochemical observations
Other geochemical observations For personal use only #24
Slide 25: Copper Belt – interpreted basement geology
Alford Copper Belt – interpreted basement geology For personal use only #25
Slide 26: Copper Belt – copper anomalies
Alford Copper Belt – copper anomalies For personal use only #26
Slide 27: Mt Dore/Merlin regional geology - ~700Mt of Cu/Au resources
Mt Dore/Merlin regional geology - ~700Mt of Cu/Au resources For personal use only #27
Slide 28: West – a Mt Dore/Merlin (QLD) analogue?
Alford West – a Mt Dore/Merlin (QLD) analogue? For personal use only Mt Dore: 108 MT @ 0.55% Cu, 0.10g/t Au Merlin: 6.9 MT @ 1.38% Mo (Inova Resources website) • Both are interpreted to be IOCG deposits. • Host rock packages are very similar. • Both are structurally controlled. • Relation to likely
Slide 29: West Summary
Alford West Summary For personal use only • First discovered in 1970’s – rediscovered in 2013 by checking open file DMITRE reports. • Defined by a 3.5 kilometre long auger copper geochemical anomaly. ADN drilling has tested 1.1 kilometres so far, with copper-gold mineralisation present on every dril
Slide 30: Providing shareholders with discovery opportunities!
For personal use only Providing shareholders with discovery opportunities! #30
Adelaide Resources — 10th SA Exploration and Mining Conference (November 2013) on 6ix