Redstone Resources Limited · ASX:RDS
Redstone Resources — Shareholder Meeting (November 2012)
13 slides from Redstone Resources's shareholder meeting presentation, Nov 29, 2012
Slide 1: Tollu: A World-class Copper Project in the West Musgrave
For personal use only Tollu A World-class Copper Project in the West Musgrave 29 November 2012 1
Slide 2: Investment Highlights
Investment Highlights For personal use only Potential large scale near surface copper project Project Location 6.8km2 of surface copper mineralisation discovered to date Average grade > 2.68% (Central Zone) & > 1.5% (Eastern Zone) – Intercepts exceeding 5.0% Copper from surface to 379m Ope
Slide 3: Geological Model
Geological Model What have we been looking for? For personal use only Background Tollu is a hydrothermal copper-rich mineralised system which is considered to represent the distal part of a Voisey’s Bay Style1 magmatic Cu‐Ni‐(Co) conformity Exploration has identified two major styles of minerali
Slide 4: Historical Drill Work
Historical Drill Work For personal use only Recent Drill Programs1 4 2010 2011 2012 1 2 3 1 First RC Program 2 Second RC Program 3 Third RC Program 4 First Diamond Program April – May 2010 November – December 2010 August – February 2012 November – December 2011 11 RC holes in Central Zone and Firs
Slide 5: Tollu Discovery
Tollu Discovery For personal use only Satellite Image of Tollu Region Electromagnetic Image of Tollu and Major Structures Tenement E69/2450 Electromagnetic surveys have identified two significant major structures north-south and north-west trending in the western and central parts of the tenement
Slide 6: Tollu Discovery (Cont'd)
Tollu Discovery (Cont’d) For personal use only Drilling to date has been limited to a fraction of the Tollu Central Zone And Regional Upside Potential At Tollu Central Zone The Subzone 1 (within Central Zone) was identified by multiple outcropping quartz veins with visible copper minerals The
Slide 7: Tollu Discovery (Cont'd)
Tollu Discovery (Cont’d) For personal use only Vein Outcrops and Hole Collar Location in Central Zone Cross Section 7108550N Mapping has identified numerous outcropping quartz veins containing copper malachite and tenorite Mainly Felsic Volcanic Rocks The cross-section shows mineralised quartz v
Slide 8: Copper Mineralisation
Copper Mineralisation For personal use only The project area hosts a giant swarm of hydrothermal copper Tollu Mineralisation Cross Section rich veins as part of a 700‐800m wide mineralisation corridor that extends over an area of over 6km2 In the oxidised zone, copper mineralisation comprises an
Slide 9: Work To Date - Highlights
Work To Date - Highlights For personal use only 1 Drilling to date has identified large scale, high grade, with copper from surface Shallow intersections of copper mineralisation in quartz veining Deep intersections demonstrating potential continuity to depths of over 350m below surface Avera
Slide 10: Exploration Strategy
Exploration Strategy For personal use only Limited regional exploration presents an opportunity for Significant Unexplored Exploration Upside Redstone to quickly build a list of new targets and enhance the project scale via a renewed exploration outlook The Company intends for the next 6 months
Slide 11: Indicative Timeline
Indicative Timeline For personal use only Indicative Work Schedule Workstreams November December January February March April Hire External Consultants Appoint consultants Update exploration program Detailed mapping Exploration Geochem Trenching Shallow drilling - regional & central zone Met Work Ap
Slide 12: Next Steps
Next Steps For personal use only 1 Apply knowledge across the remainder of the Central Zone and up & down strike of the Tollu Fault Zone Using low cost, near surface exploration techniques, we intend to aggressively step-out and extend the region of known mineralisation 2 Redstone has not to dat
Slide 13: Important Information
Important Information For personal use only This presentation has been prepared by Redstone Resources This presentation should not be relied upon as a Ltd (Redstone) for the sole purpose of providing financial, representation of any matter that an investor should consider operational and other infor
Redstone Resources — Shareholder Meeting (November 2012) on 6ix