Slide 1: Carrara Range Project SEDEX and Uranium Potential
15 July 2024 CARRARA RANGE PROJECT SEDEX AND URANIUM POTENTIAL HIGHLIGHTS • Independent review of Resolution’s Carrara Range Project, in Northern Territory, concludes that the Project is highly prospective for Sedimentary Exhalative (SEDEX) and Unconformity uranium mineralisation. • SEDEX analogues
Slide 2: The Exploration Potential of Resolution Minerals' Carrara Range Project
The Exploration Potential of Resolution Minerals’ Carrara Range Project ➢ The potential exists for stratiform epigenetic manganese For personal use only mineralisation at the Resolution Minerals Ltd (ASX: RML) Carrara Range Project (100% owned) ➢ There also exists the potential for Sedimentary Exhal
Slide 3: Resolution's Carrara Range Project Tenement Holding
Resolution’s Carrara Range Project Tenement Holding EL32577 ELA32578 Ownership: Carrara Resources Pty Ltd (100%) For personal use only • • Ownership: Carrara Resources Pty Ltd (100%) • Grant Date: 13 July 2021 • Consent Date: 19 January 2021 • Expiry Date: 12 July 2027 (valid for 36 further months)
Slide 4: Tenement Holding of Carrara Range
RML. Tenement Holding of the Carrara Range Project For personal use only ➢ Resolution’s Carrara Range Project comprises 6 ELs for a total area of 1,271sqkm ➢ Granted (green shaded area) ➢ Applications (brown shaded area) ➢ South32 has a large project immediately southeast of Carrara Range presumably
Slide 5: Known Manganese at Carrara Range
Known Manganese at Carrara Range ➢ The Carrara Mn Prospect (49.8% MnO rockchip) discovered by Geoscience Australia occurs For personal use only within the Plain Creek Formation ➢ RML-generated Mn occurrences (rockchip) also correspond to the Plain Creek Formation, with Mn peak value of 41.1% MnO ➢ T
Slide 6: The Carrara Mn Prospect
The Carrara Mn Prospect (from Carson et al 2020) ➢ The high-grade zone of the Mn For personal use only mineralisation comprises massive pyrolusite and cryptomelane (with elevated Zn and Co) ➢ The massive Mn zone is surrounded by lower grade altered sandstone which is cross-cut by Mn-veinlets ➢ Carso
Slide 7: The Carrara Range Project Hosts Extensive Plain Creek Formation
The Carrara Range Project Hosts Extensive Plain Creek Formation ➢ The Carrara Range hosts approximately 75km strike length of Plain Creek Formation (red shaded areas) and possible covered extensions of Plain Creek Formation (pink shaded areas) For personal use only ? ? ? 20km Only a very small part
Slide 8: The Bootu Creek Manganese Deposit an Analogue for the Carrara Manganese Prospect
The Bootu Creek Manganese Deposit (Northern Territory) an Analogue for the Carrara Manganese Prospect Map from Hussey et al 2001 copied from PA Ferenczi 2001 Iron Ore, Manganese and Bauxite Deposits of the Northern Territory Vol 13, NTGA ➢ The Bootu Creek Mn Deposit (110km north For personal use onl
Slide 9: The Bootu Creek Manganese Deposit
The Bootu Creek Manganese Deposit Stromatolite from a dololuite bed at ➢ Mn ore minerals at Bootu include: cryptomelane Bootu that has been replaced by (dominant), psilomelane, pyrolusite and hollandite (minor) manganese oxide. For personal use only ➢ Elevated metals include: Pb, Cu, (Ba) ➢ Mn is be
Slide 10: A Regional Perspective
A Regional Perspective The regional study area showing the of the Carrara Range location of RML’s Carrara Range Project Project. For personal use only ➢ The Carrara Range Project covers the Lawn Hill Platform inlier in the South Nicholson Basin region ➢ Recent investigations by Geoscience Australia
Slide 11: Base Metals and Uranium Potential at Carrara Range
Base Metals and Uranium Potential at the Carrara Range Project ➢ In addition to manganese, the Carrara Range Project Carrara Range For personal use only has the potential to host base metals and uranium covers the Lawn Hill Platform. Century Deposit ➢ This is largely based on the revised understandi
Slide 12: Regional Geophysics of Carrara Range and South32 Project area
Regional Geophysics of the Carrara Range Project and South32 Project area Carrara Range ➢ As part of the Exploring For the Future (EFTF) Project area. initiative Geoscience Aust and NT/QLD Geo Surveys completed extensive regional studies – For personal use only including geophysics ➢ A regional magn
Slide 13: Rio Tinto Drills for Tier-1 SEDEX Mineralisation in 2001
Rio Tinto Drills for Tier-1 SEDEX mineralisation in 2001 ➢ A stream and rock chip program identifies geochemical anomalies believed prospective for SEDEX-style mineralisation For personal use only ➢ Rio complete 93 RAB holes (plan below) for 2,850m but fail to identify near-surface stratiform Pb-Zn
Slide 14: Magnetics (TMI) of Carrara Range
Magnetics (TMI) of the Carrara Range Project ➢ The magnetic high anomalies (yellow shaded areas) do not appear to be lithologically constrained ➢ Provided the revised lithostratigraphic association the Carrara Range Group with sediments hosting Tier-1 SEDEX deposits (Century, McArthur River, etc..)
Slide 15: Regional Structures of Carrara Range
Regional Structures of the Carrara Range Project ➢ The Carrara Range Project is located on a series of E-W regional-scale faults that have shaped and helped create the Lawn Hill Platform inlier in the Carrara Range area ➢ The structural regime is not dissimilar to that which created the Murphy Provi
Slide 16: The SEDEX Potential of the Carrara Ridge Project
The SEDEX potential of the Carrara Ridge Project ➢ The Carrara Range Project hosts extensive Lawn Hill Platform geology – which “across the border” in QLD hosts the Tier-1 Century Zn and McArthur River Pb-Zn For personal use only mines ➢ Century: A published (1998) mineral resource of 167.5 Mt @ 8.2
Slide 17: Untested Uranium Potential of Carrara Range
Untested Uranium Potential of the Carrara Range Project ➢ The Don Creek Formation (Pcd – brown shaded area) of the Lower Carrara Group [Lawn Hill Platform] correlates with the Westmoreland Conglomerate (Ahmad et al 1989, Haines et al 1993) ➢ The Top Rocky Rhyolite (Pct – orange shaded area) of the U
Slide 18: Radiometrics Confirms Uranium Potential of Carrara Range
Radiometrics Confirms Uranium Potential of Carrara Range Ternary Radiometrics ➢ There is a radiometric anomaly coinciding with the Top Rocky Rhyolite, a unit which hosts conglomerates and is part of the Carrara Range Group which is correlated with the For personal use only Westmoreland Conglomerate
Slide 19: Unconformity Uranium at Carrara Range: A Westmoreland – Athabasca Basin Analogue
Unconformity Uranium at Carrara Range: A Westmoreland – Athabasca Basin Analogue ➢ The Carrara Group [of the Lawn Hill Platform] correlates with the Westmoreland Conglomerate as previously stated For personal use only Image copied from Equivest Capital 2021 ➢ The Westmoreland uranium deposits are an
Slide 20: Other Metals at Carrara Range – Tin and Iron
Other metals at the Carrara Range Project – Tin and Iron ➢ Several vein-related tin (Sn) occurrences are known in the Calvert Hills map area north of Carrara Range Tin occurrences on the (Eva, Crystal Hill, Tracys Table) – these are hosted in Calvert Hills map sheet area. For personal use only grani
Slide 21: The Exploration Potential of Resolution Minerals' Carrara Range Project: Key Takeaways
The Exploration Potential of Resolution Minerals’ Carrara Range Project Key Takeaways: ➢ Large Project area (50% granted; and in good standing) For personal use only ➢ Province has had a major geological rethink (led by Geoscience Australia) which has materially increased the mineral prospectivity o
Slide 22: Commodity Search Areas of Carrara Range
Commodity Search Areas of the Carrara Range Project Iron Manganese Image generated by Riviere Minerals using STRIKE For personal use only ? ? 20km SEDEX Pb-Zn Uranium Tin 21
Slide 23: Recommended Next Steps at Carrara Range
Recommended Next Steps at the Carrara Range Project ➢ There is potential for Bootu Hill type Mn mineralisation associated with the Plain Creek Formation ➢ There is potential for Tier-1 SEDEX mineralisation associated with Lawn Hill Platform sediments and For personal use only geophysical anomalies ➢